06:05 AM EST, 12/04/2024 (MT Newswires) -- NXP Semiconductors ( NXPI ) and Vanguard International Semiconductor's joint venture, VisionPower Semiconductor Manufacturing, on Wednesday broke ground at the site of its 300-millimeter wafer manufacturing facility in Tampines, Singapore. VisionPower said the facility is targeted to start initial production in 2027, after which a second phase will be considered. The joint venture...

05:55 AM EST, 12/04/2024 (MT Newswires) -- Prudential Financial ( PRU ) said Tuesday it appointed Andrew Sullivan to succeed Charles Lowrey as chief executive, effective March 31. Sullivan leads Prudential's international businesses and global investment management. Lowrey will remain as executive chairman of the board for 18 months, the company said. Meanwhile, Vice Chair Robert Falzon will step down...

06:02 AM EST, 12/04/2024 (MT Newswires) -- NCR Atleos ( NATL ) said Wednesday that East of England Co-op has extended its relation with the company to offer ATMs through NCR's Cashzone Network across the latter's stores. Financial terms weren't disclosed. Shares of the company were up 1.4% in recent Wednesday premarket activity. Price: 33.40, Change: +0.45, Percent Change: +1.37...

Torrid Holdings Inc. ( CURV ) shares are trading lower premarket on Wednesday after the company reported worse-then-expected third-quarter results and issued fourth-quarter guidance below estimates. On Tuesday, the company reported net sales declined 4.2% year-over-year to $263.8 million, missing the consensus of $285.8 million, while comparable sales dropped 6.5% in the quarter. Gross profit margin improved to 36.1% from 33.2% in the...