TBILISI, Oct 24 (Reuters) - Georgian authorities on Thursday raided the local offices of U.S. technology services company Concentrix ( CNXC ) and searched the homes of two employees of the Atlantic Council, a Washington-based think tank, Georgian media reported. The searches took place two days before a parliamentary election widely viewed as a test of whether the South Caucasus...

(Reuters) - U.S. defense company Northrop Grumman ( NOC ) on Thursday raised its 2024 profit forecast for the second time, amid increased global defense spending prompted by conflicts in the Middle East and the protracted Russia-Ukraine war. Geopolitical tensions have benefited arms manufacturers like Lockheed Martin and RTX, both of which also raised their 2024 earnings outlook. Northrop now...

(Reuters) - IBM ( IBM ) shares fell about 5% in premarket trading on Thursday, as reduced enterprise spending on non-GenAI projects pressured its consulting segment, clouding software unit strength. If losses hold, its nearly $214 billion market valuation could drop by over $10 billion. An uncertain economic outlook pushed IBM's ( IBM ) customers to reduce discretionary spending and...

06:56 AM EDT, 10/24/2024 (MT Newswires) -- FirstCash Holdings ( FCFS ) reported Q3 adjusted earnings Thursday of $1.67 per diluted share, up from $1.56 a year earlier. Analysts polled by Capital IQ expected $1.62. Revenue for the quarter ended Sept. 30 was $837.3 million, up from $786.3 million a year earlier. Analysts surveyed by Capital IQ expected $844 million....