McCormick & Co Inc ( MKC ) reported fourth-quarter sales growth of 3% year-on-year to $1.798 billion, beating the analyst consensus estimate of $1.77 billion. Flavor Solutions segment sales grew by 1%, with minimal impact from currency. Consumer segment sales increased 4%. Gross profit was $722.2 million, with the margin expanding 20 basis points Y/Y to 40.2%. Operating income rose 3%...

DAVOS, Switzerland, Jan 23 (Reuters) - Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the country, its CFO Arno Antlitz said on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland on Thursday. We need additional initiatives ... to double market share, you have to be...

08:21 AM EST, 01/23/2025 (MT Newswires) -- D-Wave Quantum ( QBTS ) said Thursday that it completed the sale of $150 million in common stock under its 'at-the-market' equity offering program. The company said the offering, which took place from Jan. 15 to Jan. 21, raised funds at an average price of $6.10 per share, a 3.7% premium over the...

08:23 AM EST, 01/23/2025 (MT Newswires) -- Giyani Metals ( CATPF ) said Thursday that it secured a 50-year special economic zone investor license for its battery-grade manganese commercial plant to be built in Botswana. The company said the license grants it a range of fiscal and non-fiscal incentives, including reduced tax rates, zero-rated VAT on raw materials for export,...