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US port strike ends, leaving cargo backlog

UPDATE 3-US port strike ends, leaving cargo backlog 54 container ships queued outside ports, risking shortages Tentative deal includes 62% wage hike over six years, sources say Strike cost US economy $5 billion a day, JP Morgan analysts say Shipping stocks tumble across Asia and Europe Adds comment from economist in paragraph 3, background on administration involvement in paragraphs 9-10, updates stock moves; changes media label to USA-PORTS/LABOR By Doyinsola Oladipo and David Shepardson Oct 4
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US port strike ends, but clearing long ship queues will take time

US port strike ends, but clearing long ship queues will take time 54 container ships queued outside ports, risking shortages Tentative deal includes 62% wage hike over six years-sources Strike cost U.S. economy $5 billion/day, JP Morgan analysts say Shipping stocks tumble across Asia By Doyinsola Oladipo and David Shepardson Oct 4 (Reuters) - U.S.
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Retailers with highest number of shipments into US East Coast ports

FACTBOX-Retailers with highest number of shipments into US East Coast ports NEW YORK, Oct 3 (Reuters) - The largest dockworker strike in nearly fifty years has entered its third day at U.S. East Coast ports, threatening shortages of goods ranging from bananas to auto parts and causing a backlog of ships anchored outside major ports. Major retailers are implementing back-up shipping plans to ensure goods arrive in time for the peak holiday season.
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US retailers scramble ahead of holidays amid port strike

UPDATE 3-US retailers scramble ahead of holidays amid port strike Retailers like Levi and Costco plan to shift routes, use air freight to avoid delays Newell Brands offers to boost production to mitigate supply chain disruptions Toy companies rely more on West Coast ports Consumers engage in panic buying, fearing shortages and price hikes Adds comments from Gristedes in paragraph 19, 27 and Stew Leonard's in paragraph 20 By Savyata Mishra and Jessica DiNapoli Oct 3 (Reuters) - Major U.S.
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Lunar Outpost Leidos Joined Lunar Dawn Team

BRIEF-Lunar Outpost Leidos Joined Lunar Dawn Team Sept 24 (Reuters) - Leidos Holdings Inc LDOS.N : LUNAR OUTPOST: LEIDOS JOINED LUNAR DAWN TEAM LUNAR OUTPOST: CO, LEIDOS WILL COLLABORATE TO DEVELOP A HUMAN-RATED MOON ROVER AS PART OF NASA'S LTVS CONTRACT Source text for Eikon: ID:nBw3k1pQDa Further company coverage: LDOS.N
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Goodyear, other tire makers slam 'far fetched' price-fixing lawsuits

REFILE-Goodyear, other tire makers slam 'far fetched' price-fixing lawsuits Refiles Sept. 23 story to fix a typo in the headline By Mike Scarcella Sept 23 (Reuters) - Goodyear, Bridgestone and four other tire manufacturers have asked a U.S. judge to dismiss a trio of class action lawsuits accusing them of conspiring to overcharge consumers and businesses in the multibillion-dollar market for replacement tires.
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U.S. Avalonbay Communities, Elf Beauty, Evercore

U.S. RESEARCH ROUNDUP-Avalonbay Communities, Elf Beauty, Evercore Sept 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Avalonbay Communities, Elf Beauty and Evercore on Monday. HIGHLIGHTS * Avalonbay Communities Inc AVB.N : JP Morgan raises target price to $247 from $212 * Colgate-Palmolive Co CL.N : Wells Fargo cuts to underweight from equal-weight * Elf Beauty Inc ELF.N : Piper Sandler cuts target price to $162
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Tire maker Goodyear to invest C$575 million to upgrade Canada plant

UPDATE 1-Tire maker Goodyear to invest C$575 million to upgrade Canada plant Updates with statement from prime minister's office throughout OTTAWA, Aug 12 (Reuters) - The Canadian unit of Goodyear Tire & Rubber Co GT.O will invest over C$575 million ($418.4 million) to upgrade its plant in Napanee, Ontario, Prime Minister Justin Trudeau said on Monday.
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Tire maker Goodyear to invest C$575 million to upgrade Canada plant

Tire maker Goodyear to invest C$575 million to upgrade Canada plant OTTAWA, Aug 12 (Reuters) - The Canadian unit of Goodyear Tire & Rubber Co GT.O will invest over C$575 million ($418.4 million) to upgrade its plant in Napanee, Ontario, the provincial government said on Monday. The project to modernize and expand the plant will create 200 new jobs by 2027 and secure 1,000 jobs in Napanee, Ontario Premier Doug Ford's office said in a statement.
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Goodyear Tire & Rubber Co reports results for the quarter ended in June - Earnings Summary

Goodyear Tire & Rubber Co reports results for the quarter ended in June - Earnings Summary Goodyear Tire & Rubber Co GT.OQ reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of -34 cents. The mean expectation of eight analysts for the quarter was for earnings of 13 cents per share.
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Goodyear Tire & Rubber Co <GT.OQ> expected to post earnings of 13 cents a share - Earnings Preview

Goodyear Tire & Rubber Co expected to post earnings of 13 cents a share - Earnings Preview Goodyear Tire & Rubber Co GT.OQ GT.O is expected to show a fall in quarterly revenue when it reports results on July 31 for the period ending June 30 2024 The Akron Ohio-based company is expected to report a 3.3% decrease in revenue to $4.78 billion from $4.94 billion a year ago, according to the mean estimate from 7 analysts, based on LSEG data.
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Michelin's half-year operating margin increases despite instability in Europe

Michelin's half-year operating margin increases despite instability in Europe July 24 (Reuters) - French tyre maker Michelin MICP.PA reported a 4.2% drop in half-year sales on Wednesday, slightly below analysts' expectations, citing an unstable economic environment in Europe and a weak performance in the French market. But the company managed to increase its segment operating margin thanks to its pricing policy.
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U.S. STOCKS Walt Disney, Mattel, Tellurian

BUZZ-U.S. STOCKS ON THE MOVE-Walt Disney, Mattel, Tellurian Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq recouped some of the previous week's losses on Monday, as investors reexamined the chances of a second presidential term for Republican nominee Donald Trump after U.S.
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U.S. STOCKS Verizon Communications, Reddit, Starbucks

BUZZ-U.S. STOCKS ON THE MOVE-Verizon Communications, Reddit, Starbucks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street rose on Monday, regaining some ground after the previous week's declines as investors assessed the odds of a second term for Republican nominee Donald Trump in the November election after President Joe Biden withdrew from the race.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Mattel, Tellurian Updates: Clearwater Paper, Agilent July 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1955 GMT on Monday: * * L Catterton, the private equity firm backed by luxury goods giant LVMH LVMH.PA , has approached Mattel MAT.O , the toy maker behind Barbie and Hot Wheels, with an acquisition offer, people familiar with the matter said.
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U.S. STOCKS Cassava Sciences, Crowdstrike Holdings, crypto stocks

BUZZ-U.S. STOCKS ON THE MOVE-Cassava Sciences, Crowdstrike Holdings, crypto stocks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street was poised to open higher on Monday as investors weighed the odds of a second term for Republican nominee Donald Trump in the November election after President Joe Biden withdrew from the race and endorsed Kamala Harris's candidature.
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U.S. STOCKS Bank of America, Nvidia, Serve Robotics

BUZZ-U.S. STOCKS ON THE MOVE-Bank of America, Nvidia, Serve Robotics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures rose on Monday as investors weighed the odds of a second term for Republican nominee Donald Trump in the November presidential election after President Joe Biden bowed out of the race and endorsed Kamala Harris's candidature.
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Goodyear to sell Off-the-Road tire business to Yokohama for $905 million

UPDATE 1-Goodyear to sell Off-the-Road tire business to Yokohama for $905 million Adds details throughout, recasts July 22 (Reuters) - Goodyear Tire & Rubber GT.O w ill sell its Off-the-Road equipment tire business to Japan's Yokohama Rubber 5101.T for $905 million in cash, it said on Monday, as part of a drive to streamline its business. Goodyear last year announced plans to cut costs and slim down its portfolio of businesses, including its chemical unit, its Dunlop brand and the Off-the-Road u
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Goodyear Tire rises after $905 mln deal to sell its off-road unit to Yokohama Rubber

BUZZ-Goodyear Tire rises after $905 mln deal to sell its off-road unit to Yokohama Rubber ** Shares of Goodyear Tire & Rubber Co GT.O rise 1% to $12.22 premarket ** Co says it has signed a definitive agreement to sell its off-the-road tire business to Yokohama Rubber Company for $905 million in cash ** Goodyear will retain its business providing off-road tires for U.S.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions July 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** British shopping mall owner Hammerson HMSO.L said it is selling its 42% stake in luxury shopping centre operator Value Retail to LVMH-backed private equity firm L Catterton for an enterprise value of 1.5 billion pounds ($1.94 billion).
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