08:05 AM EDT, 05/08/2024 (MT Newswires) -- Intel ( INTC ) updated its Q2 outlook after the US Commerce Department notified the company Tuesday that it was revoking certain licenses for exports of consumer-related items to a customer in China, effective immediately. As a result, the company now expects Q2 revenue to remain in the original range of $12.5 billion...

08:05 AM EDT, 05/08/2024 (MT Newswires) -- Performance Food Group ( PFGC ) reported fiscal Q3 adjusted earnings Wednesday of $0.80 per diluted share, down from $0.83 a year earlier. Analysts surveyed by Capital IQ expected $0.84. Net sales for the quarter ended March 30 were $13.86 billion, up from $13.77 billion a year earlier. Analysts surveyed by Capital IQ...

(Reuters) - U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles' self-driving capabilities, three people familiar with the matter told Reuters. Tesla's Autopilot and Full Self-Driving systems assist with steering, braking and lane changes - but are not fully autonomous. While Tesla has warned drivers to stay ready to...

08:01 AM EDT, 05/08/2024 (MT Newswires) -- Black Diamond Group ( BDIMF ) , a specialty rentals and industrial services company, said on Wednesday that it secured TSX approval to renew its normal course issuer bid for up to 4.5 million shares or 10% of its public float. The bid will commence on Friday and conclude by May 9, 2025...