08:25 AM EDT, 05/10/2024 (MT Newswires) -- Ford Motor Company ( F ) plans to assemble 300,000 units of a new model per year at its Almussafes, Valencia plant in Spain starting in 2027, Spain's Industry and Tourism Minister Jordi Hereu told journalists Friday, in a video published on Hereu's page on social media platform X, formerly known as Twitter....

08:24 AM EDT, 05/10/2024 (MT Newswires) -- Lazard ( LAZ ) said Friday that its preliminary assets under management declined to $240.81 billion in April from $250.43 billion a month earlier. The decline was attributed to a market depreciation of $4.4 billion, net outflows of $3.6 billion and foreign exchange depreciation of $1.6 billion. The firm's equity assets under management...

Funko Inc ( FNKO ) shares are trading higher after the company reported better-than-expected first-quarter adjusted EPS. The company reported a first-quarter FY24 sales decline of 14.4% year-on-year to $215.699 million, missing the analyst consensus estimate of $220.267 million. Sales in the U.S. fell 17.4% to $146.4 million, and Europe dropped 7.2% to $54.2 million. Adjusted gross margin for the quarter expanded...

08:27 AM EDT, 05/10/2024 (MT Newswires) -- Microsoft ( MSFT ) president and vice-chair Brad Smith has been summoned to appear before the US House Committee on Homeland Security to give sworn public testimony about the company's cybersecurity breaches, a letter from the committee released Thursday said. Smith is to appear before lawmakers on May 22, to present a response...