04:12 PM EST, 01/14/2025 (MT Newswires) -- Brown-Forman's (BF.A, BF.B) decision on Tuesday to cut 12% of its global workforce and close a US barrel-making facility signals the company is facing multiple headwinds, analysts at Needham said in a report. The maker of Jack Daniel's whiskey and other spirits is expected to cut about 648 employees from its 5,400 global...

04:13 PM EST, 01/14/2025 (MT Newswires) -- Applied Digital ( APLD ) reported a fiscal Q2 adjusted net loss late Tuesday of $0.06 per diluted share, compared with a loss of $0.05 a year earlier. Three analysts polled by FactSet expected a loss of $0.16 per share. Revenue for the quarter ended Nov. 30 was $63.9 million, up from $42.2...

04:01 PM EST, 01/14/2025 (MT Newswires) -- The Toronto-Dominion Bank ( MLWIQXX ) (TD.TO, TD) on Tuesday afternoon announced a public offering of 750-million euros in fixed-rate reset subordinated notes. The notes will pay a fixed interest rate of 4.03% per year until Jan. 23, 2031, and then switch to a rate based on the five-year mid-swap rate plus 1.500%...

DETROIT, Jan 14 (Reuters) - Chuck Browning, who has been a prominent leader in the United Auto Workers union and negotiated its deals with Ford Motor ( F ), is retiring, according to three sources familiar with the matter. Browning announced his retirement on Tuesday at a meeting of local union leaders in Chattanooga, Tennessee. He is leading negotiations between...