International Game Technology ( IGT ) shares are trading lower after releasing results for the second quarter. The company reported quarterly adjusted earnings per share of 36 cents, beating the analyst consensus of 32 cents. Second-quarter revenues of $1.049 billion missed the street view of $1.059 billion, as strength in Gaming & Digital is offset by elevated prior year product...

10:48 AM EDT, 07/30/2024 (MT Newswires) -- (Updates with details throughout.) Meta Platforms ( META ) has reached a $1.4 billion deal with Texas to settle the state's lawsuit accusing the Facebook parent of illegally using facial recognition technology to gather biometric data of users in the state without their consent, Attorney General Ken Paxton said Tuesday. The company will...

LONDON, July 30 (Reuters) - Moody's put British water utility Southern Water on a 'junk' rating downgrade warning on Tuesday, saying the shortfall in UK regulator Ofwat's draft ruling on how much it will be allowed to raise prices could lead to serious financing problems. Moody's said it had placed the Baa3 backed and underlying senior secured ratings of SW...

10:46 AM EDT, 07/30/2024 (MT Newswires) -- Berkshire Hathaway (BRK-A, BRK-B) has reduced its equity stake in Bank of America ( BAC ) again, selling 18.4 million of the bank's shares through a series of open-market transactions that resumed last Thursday and extended through Monday' session, a regulatory filing Monday showed. Berkshire began paring its Bank of America ( BAC...