10:26 AM EDT, 04/30/2024 (MT Newswires) -- (Updates with additional details in second, third, and fourth paragraphs.) Microsoft ( MSFT ) will invest $1.70 billion to support artificial intelligence and cloud services in Indonesia over the next four years, the company said Tuesday. The investment will also support AI skilling opportunities for 840,000 people, and the country's growing developer community,...

10:21 AM EDT, 04/30/2024 (MT Newswires) -- Armstrong World Industries ( AWI ) reported Q1 adjusted earnings Tuesday of $1.38 per diluted share, up from $1.12 a year earlier. Analysts polled by Capital IQ expected $1.23. Net sales for the quarter ended March 31 were $326.3 million compared with $310.2 million a year earlier. Analysts polled by Capital IQ expected...

April 30 (Reuters) - Viceroy Research revealed a short position against life insurer Globe Life ( GL ) on Tuesday, making it the target of a second short-seller attack within a month. The short seller said it had conducted an extensive investigation of the company and its subsidiary American Income Life (AIL), and concluded that fraudulent, dishonest, and misleading sales...

10:20 AM EDT, 04/30/2024 (MT Newswires) -- (Updates with details throughout.) Perficient (PRFT) is contemplating a potential company sale and could garner interest from both private-equity firms and industry players, Bloomberg News reported Tuesday, citing people familiar with the matter. The technology consultant has tapped advisers to weigh possible strategic options and assess interest from potential suitors, the news outlet...