Carl Icahn Reports Stake in JetBlue

The activist investor has a nearly 10% stake in the airline and may consider pushing for board representation. 


 
BlackBerry to Cut Additional Jobs in Profitability Push

The company said it had made progress toward separating its internet-of-things and cybersecurity businesses and expects a positive cash position in the coming fiscal year. 


 
Super Bowl Ratings: Chiefs' Victory Over 49ers Breaks Viewership Records

Sunday's game drew 123.4 million viewers, boosted by an overtime comeback win and the presence of Taylor Swift. 


 
U.S. Lawmakers Seek Investigation Against China's WuXi AppTec

Lawmakers in the U.S. have written to various government bodies, seeking to investigate Chinese biotech company WuXi AppTec over alleged ties to the Chinese military. 


 
Macquarie Reports Fall in Quarterly Net Profit

Macquarie Group said its underlying client franchises remained resilient, despite net profit falling back in the third quarter across its main business units. 


 
Express Prepares for Debt Restructuring and Possible Bankruptcy Within Weeks

The apparel retailer has hired M3 and Kirkland & Ellis to advise it on discussions with lenders. 


 
Tripadvisor shares jump after it forms committee to weigh potential transaction

Shares of Tripadvisor Inc. jumped after hours on Monday, after the travel-services platform said it had formed a special committee to consider "any proposals that may be brought forward for a potential transaction." 


 
Arm Stock Extends Rally. SoftBank Comes Along for the Ride.

The huge run-up in Arm shares has been a windfall for SoftBank Group, the Japanese technology holding company, which had owned all of Arm before last year's stock offering. 


 
Michelin to Buy Back Shares After Flat 2023 Earnings

The French tire maker said the share buyback could be worth up to EUR1 billion over the 2024-2026 period. It also declared a EUR1.35 dividend for the year. 


 
Former FirstEnergy Executives and Former Public Utility Official Indicted in Ohio

Samuel Randazzo, ex-head of state utilities, was accused of receiving more than $4.3 million from FirstEnergy and its affiliates to provide favorable official actions for the company.


(END) Dow Jones Newswires

02-13-24 0115ET