Fidelity National Information Services, Inc. ( FIS ) shares are tumbling on Tuesday after the company reported fourth-quarter results. Revenue of $2.599 billion, which increased 3% year over year on a GAAP basis, missing the consensus of $2.63 billion. Banking Solutions revenue increased by 1% Y/Y to $1.72 billion and Capital Market Solutions revenue increased by 9% Y/Y to $821 million. Adjusted EBITDA margin expanded 103 basis points to 42.9% in the quarter. Adjusted net...

12:01 PM EST, 02/11/2025 (MT Newswires) -- Boeing ( BA ) delivered 45 aircraft in January, up from 30 in the previous month, according to its website. Of the planes delivered in January, 40 were 737 MAX aircraft, the company said. The planemaker booked 36 orders in January, down from the previous month's 142. Price: 180.20, Change: -0.35, Percent Change:...

11:54 AM EST, 02/11/2025 (MT Newswires) -- Higher domestic steel prices along with increased premiums for aluminum are expected after President Donald Trump ordered a 25% duty on all steel and aluminum imports, analysts at Morgan Stanley said in a Tuesday research note, adding that US-based steelmakers and aluminum producers stand to benefit from the removal of prior exemptions and...

NEW YORK, Feb 11 (Reuters) - Starbucks ( SBUX ) was sued on Tuesday by the U.S. state of Missouri, which accused the coffee chain of using a commitment to diversity, equity and inclusion as a pretext to illegally discriminate on the basis of race. In a complaint filed in St. Louis federal court, Missouri accused Starbucks ( SBUX )...