Articles written by Akanksha Bakshi - Benzinga

Warner Bros. Discovery's Long-Predicted Split Is Now Official

Warner Bros. Discovery Inc. plans to split into two companies by 2026, with one focusing on streaming and studios and the other on TV networks. Stock gained 9% but gave up gains. Split follows previous restructuring and strong streaming momentum.

Baker Hughes Sells Sensors Unit To Crane Company For $1.15 Billion

Baker Hughes (NASDAQ: BKR) sells Precision Sensors & Instrumentation unit to Crane Company (NYSE: CR) for $1.15B in cash. Move aligns with BKR's focus on core areas and boosts CR's aerospace, nuclear, and industrial capabilities. Expected to close by late 2025/early 2026.

Plug Power, Allied Green Expand Partnership With New Uzbekistan Deal

Plug Power expands partnership with Allied Green Ammonia for a 2 GW electrolyzer deal in Uzbekistan, solidifying their role in decarbonization.

Genesco Acknowledges 'More Pronounced' Tariff Impact, Stands By Guidance (CORRECTED)

Genesco Inc. reported mixed Q1 results, beating EPS estimate and exceeding sales estimate. Reaffirmed fiscal 2026 EPS guidance of $1.30-$1.70.

Starbucks Tinkers With Pricing To Hold Ground In China: Report

Starbucks cuts prices on select iced beverages in China by 5 yuan on average to attract more customers, amid competition and cautious spending.

Asia Market Gains, Europe Slips; Dollar Dips Ahead Of US-China Talks - Global Markets Today While US Slept

US markets closed in green on Friday, boosted by strong jobs report and renewed trade talks. Asian markets rally, record highs hit globally.

Conagra Sells Seafood Brands For $55M As It Sharpens Focus On Core Business

Conagra Brands agreed to sell its Van de Kamp's and Mrs. Paul's frozen seafood brands to High Liner Foods for $55 million in cash.

FuelCell Energy Stock Soars After Mixed Q2 Results: Targets Profitability With Scaled-Back Ops, Renewed Tech Focus

FuelCell Energy (FCEL) reports mixed results for Q2 fiscal 2025, announces global restructuring plan to cut costs and align production with demand.

Mosaic Lowers 2025 Phosphate Output Guidance, Stock Dips On Revised Outlook

Mosaic Company shares slipped Friday after the company revised its second-quarter and full-year 2025 outlook.

Asia And Europe Markets Mixed, Dollar Rebounds Ahead Of US Jobs Data - Global Markets Today While US Slept

IperionX Rockets 23% After Securing $99M Defense Contract For Domestic Titanium

IperionX shares jumped after landing a $99 million U.S. Department of Defense contract for domestically produced titanium.

Canada And Europe Cut Back On Jack Daniel's As Trade War Dents Global Growth

Brown-Forman Corp (NYSE: BF-A) stock dropped after weak Q4 earnings. Net sales down 7% and earnings per share fell 45% due to divestitures and macro pressures. Expect low-single-digit declines in fiscal 2026.

Procter & Gamble To Eliminate 7,000 Roles, Divest Brands In New Restructuring Strategy

Procter & Gamble announced major changes at a global consumer conference, including job cuts and divestments to boost efficiency and shareholder value.

Asia Markets Mixed, Europe Gains, Gold Inches Toward All Time High - Global Markets Today While US Slept

US markets closed mixed as weak data and trade tensions weighed. S&P 500 flat, Nasdaq up, Dow down. Asia and Europe markets mostly up. Oil steady.

Redwire Stock Skyrockets After NASA Clears Lunar Tool Mason For Next Phase

Mason, a lunar and Martian construction tool by Redwire Corporation, has passed a key NASA milestone, aiming to cut costs and improve safety for future space missions.

GlobalFoundries Commits $16 Billion To US Chip Expansion As AI Drives Demand

GlobalFoundries plans to invest $16 billion to expand U.S.-based chipmaking to meet artificial intelligence demand.

Brookfield Bets Big On European AI With $10 Billion Investment

Brookfield Asset Management (NYSE: BAM) plans to invest $10 billion in AI infrastructure in Sweden, generating thousands of jobs and boosting national capabilities.

Asia Markets Rise, Europe Follows; Dollar Pressured As Trade Talks In Focus - Global Markets Today While US Slept

The U.S. markets closed higher on Tuesday as trade optimism and economic data boosted investor sentiment. Asian markets follow with gains.

Kratos, GE Aerospace Expand Small Engine Portfolio With New Propulsion Systems

Kratos and GE Aerospace announced a deal to develop affordable, high-performance engines for UAS and CCA platforms, enhancing US defense capabilities.

BP Strengthens Azerbaijan Ties With Major Gas Project, New Exploration

BP advances development in Azerbaijan with $2.9B project for Shah Deniz gas field and gains access to new exploration blocks during Baku Energy Week.