Dell Technologies Inc ( DELL ) shares are moving lower Wednesday in possible sympathy with Super Micro Computer Inc ( SMCI ) , which fell after the company reported fourth-quarter financial results. What Happened With SMCI: Super Micro’s fourth-quarter revenue of $5.31 billion was in line with analyst estimates, but earnings of $6.25 per share fell short of estimates of $8.10...

12:33 PM EDT, 08/07/2024 (MT Newswires) -- BorgWarner ( BWA ) said Wednesday it has commenced tender offers to purchase for cash its 3.375% senior notes due 2025 with about $384.5 million outstanding and 5.000% senior notes due 2025 with some $453.2 million outstanding. The tender offers will expire Aug. 13, unless extended or earlier terminated, the company said. Price:...

MUNICH (Reuters) -German prosecutors have charged another two former Wirecard executives, according to a statement from their Munich office on Tuesday, casting their net wider in investigations into one of Germany's biggest corporate scandals. Wirecard collapsed in June 2020 over a 1.9 billion euro ($2.1 billion) hole in its balance sheet, shaking up Germany's business establishment and turning the spotlight...

12:29 PM EDT, 08/07/2024 (MT Newswires) -- (Updates to add the stock movement in the headline and the first paragraph.) Payoneer Global ( PAYO ) shares advanced 19.5% in recent Wednesday trading after the company posted Q2 results that topped market expectations and raised its revenue outlook for 2024. The company reported Q2 earnings Wednesday of $0.09 per diluted share,...