10:29 AM EST, 11/05/2024 (MT Newswires) -- Magna International ( MGA ) said Tuesday it is terminating its existing normal course issuer bid and that a notice to establish a new normal course issuer bid was accepted by the Toronto Stock Exchange. The notice covers purchases of up to 28.5 million common shares, equal to about 10% of its public...

* Filings show several European firms cut back Israel links * UniCredit not financing arms exports to Israel - source * Storebrand ( SREDF ) and AXA have sold shares of some Israeli firms By Stefania Spezzati LONDON, Nov 5 (Reuters) - Several of Europe's biggest financial firms have cut back their links to Israeli companies or those with ties...

Emerson Electric Company ( EMR ) shares traded higher on Tuesday after the company reported fourth-quarter FY24 results. Net sales growth of 13% year over year to $4.62 billion, beating the consensus of $4.57 billion. Underlying sales were up 4%, and underlying orders increased by 2% in the quarter. Adjusted EPS improved 15% to $1.48, beating the consensus of $1.47. Sales by Segments: Final Control $1.17 billion (+8%), Measurement & Analytical $1.12 billion (+7%), Discrete Automation $643 million (-3%); Safety & Productivity $352 million (-1%), Control...

SANTIAGO (Reuters) - An extended delay in enacting reforms in Chile aimed at expediting mining permits represents a serious problem for the industry in the world's top copper-producing country, the local head of U.S. miner Freeport-McMoRan said on Tuesday. Chile, also the world's second-biggest producer of the key battery metal lithium, is grappling with regulatory hurdles that miners also argue...