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. 


 
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." 


 
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. 


 
CSL Profit Rises, Boosts Dividend

Australia-based pharmaceuticals company CSL said its half-year statutory net profit rose by 17%, reflecting a strong performance in its main blood-plasma business. 


 
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. 


 
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. 


 
Super Bowl Ratings: Will This Year's Game Break Viewership Records?

Audience-measurement firm iSpot projected an audience of 126.6 million. The official numbers are due later Monday. 


 
Digital Freight Startup CDL 1000 Acquires Rival NEXT Trucking

The combination of port trucking companies follows strains in the world of tech-focused shipping businesses.


(END) Dow Jones Newswires

02-12-24 2115ET