Browsing: Business

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Dubai, United Arab Emirates, Sept. 25, 2025 (GLOBE NEWSWIRE) — Lytus Technologies Holdings PTV. Ltd. ( LYTHF) (the “Company”), a leader in platform services and next-generation technology, today announced that it intends to effect a reverse stock split of the Company’s common shares at a ratio of 1-for-2,500. The reverse stock split affects all shareholders uniformly…

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Key Takeaways: Accenture (ACN) outperformed expectations in its fourth quarter, reporting a non-GAAP earnings per share of $3.03, surpassing forecasts by $0.04. The company achieved a revenue of $17.6 billion, marking a 7.3% year-over-year growth and exceeding projections by $240 million. The firm secured $21.3 billion in new bookings for the quarter, contributing to a…

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Key Takeaways: Archer Aviation (ACHR) has made significant progress in its aviation technology by successfully completing the highest altitude test flight of its Midnight aircraft. This latest flight reached 7,000 feet, launching from Archer’s Salinas, California facility. The aircraft maintained a speed exceeding 120 mph and covered 45 miles in total. This follows a record-setting…

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Key Takeaways: Toyota (TM) halted operations at two of its Brazilian facilities on Tuesday following significant storm damage. The Porto Feliz factory, which produces engines, suffered extensive harm from heavy rains and strong winds. Consequently, the shutdown also impacted the Sorocaba plant, where vehicles like the Yaris, Corolla, and Corolla Cross are assembled. The company…

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Key Takeaways: Key U.S. senators, Chuck Grassley and Dick Durbin, have intensified their examination of H-1B visa practices by sending inquiry letters to major tech firms, including Amazon (AMZN). Amid domestic workforce reductions, the senators seek detailed data on the number of H-1B workers, their salaries, and any resultant impact on American jobs. This reflects…

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Key Takeaways: Delta Air Lines (DAL) is implementing a significant upgrade to the power units of over 300 Airbus aircraft to tackle incidents where harmful fumes enter the air supply, posing health risks to both passengers and crew. According to a company representative, Delta is nearing completion of this process, with approximately 90% of their…

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Key Takeaways: Bristol Myers (BMY) is making significant strides in the field of idiopathic pulmonary fibrosis treatment. The company is currently advancing an LPA1R antagonist through a substantial Phase 3 trial, with results anticipated in the latter half of 2026. This progress highlights the potential turnaround in a field once considered challenging for drug development,…

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Key Takeaways: BNP Paribas Exane has raised its rating on Arista Networks (ANET) from Neutral to Outperform, with a new price target set at $172, up from the previous $125. This upgrade is attributed to Arista Networks being positioned as a significant beneficiary in the ongoing AI data center capital expenditure expansion cycle. The firm…

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Key Takeaways: Investors in Disney (DIS) are calling for transparency after the suspension of Jimmy Kimmel’s shows last week. Legal representatives from the American Federation of Teachers, AFL-CIO, and Reporters Without Borders have formally requested Disney to release documents related to this decision. The inquiry seeks to uncover any potential mismanagement or breaches of fiduciary…

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