02:49 PM EDT, 05/20/2024 (MT Newswires) -- Snowflake (SNOW) is tracking toward a modest fiscal first-quarter revenue beat and positive guidance revisions amid potential product sales upside, RBC Capital Markets said in a note emailed Monday. The brokerage said markets are assuming 2% to 3% upside to the first-quarter consensus for total revenue of $787 million and product revenue of...

NEW YORK, May 20 (Reuters) - Red Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the role its majority owner Thai Union played in the restaurant chain's endless shrimp promotion that caused $11 million in losses, court documents showed. Red Lobster said the debacle was part of a pattern of mismanagement by the global...

02:44 PM EDT, 05/20/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) Chief Executive Officer Jamie Dimon told investors his retirement is no longer a five-year plan, Bloomberg reported Monday. The executive has previously hinted at a timetable that would see him at the largest bank's helm for five years. But, the bank is now advancing a succession plan, with...

May 20 (Reuters) - A Howard University scientist on Monday sued the U.S. Food and Drug Administration for failing to act on his six-year-old petition seeking a warning label for two classes of common antidepressant drugs about the potential for persistent sexual side effects. In a complaint filed in Washington, D.C. federal court, Antonei Csoka said the FDA has unreasonably...