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United Airlines – The airline stock popped nearly 5% a day after the company reported higher-than-expected earnings and revenue for the fourth quarter. TKO Group – Shares of TKO Group Holdings rallied 15.8% after announcing a deal to air its WWE flagship program known as "Raw" on Netflix next year. Revenue topped expectations, but earnings fell 6 cents short of analysts' expectations, per LSEG. Verizon posted $1.08 in adjusted earnings per share on $35.13 billion in revenue, while analysts surveyed by LSEG forecasted $1.07 per share in earnings and $34.64 billion of revenue. Procter & Gamble posted mixed results for its fiscal second quarter , topping earnings expectations but falling short on revenue.
Persons: Alibaba, Alibaba's, Truist, Coinbase – Coinbase, Goldman Sachs, Jefferies, Lockheed Martin, Horton –, Halliburton – Halliburton, Johnson – Johnson, Wall, Gamble, RTX, Zions Bancorporation, Yun Li, Sarah Min, Alex Harring Organizations: United Airlines –, Boeing, Max, Group, WWE, Netflix, LSEG, New York Times, Sunnova Energy, Enphase Energy, Federal Reserve, JPMorgan, Reuters, CSI China Internet, General Electric, GE, Teva Pharmaceutical, Teva Pharmaceuticals, Lockheed, Logitech –, Logitech, Barstool Sports, Johnson, Verizon –, Verizon, Procter, FactSet Locations: Alibaba –, China, fundaments
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Logitech International SA FollowZURICH, Sept 15 (Reuters) - Logitech (LOGN.S) co-founder Daniel Borel stepped up his call for it to find a new chairperson on Friday, after objecting to Wendy Becker's re-election to the role at the Swiss-American computer peripherals maker's AGM earlier this week. Borel, one of three people who founded Logitech (LOGN.S) in 1981, said the maker of computer mice and keyboards had lost its way under Becker, who has chaired it since September 2019. "I am not yet a dinosaur meddling, but I am worried about the future of Logitech, the company I created," Borel told Reuters. "Logitech needs a new chairperson, someone who can react to the changed market situation." Borel, who holds a stake of around 1.5% in Logitech said the downturn had not been recognised quickly enough.
Persons: Dado Ruvic, Daniel Borel, Wendy Becker's, Becker, Borel, Logitech, Jack Wills, Wendy, Bracken Darrell, John Revill, Alexander Smith Organizations: Logitech, REUTERS, Logitech International, Follow ZURICH, Swiss, Reuters, Thomson Locations: American, Swiss
Toyota cars are displayed on the sales lot at Toyota Marin in San Rafael, California, May 11, 2022. Check out the companies making the biggest moves in premarket trading. Vodafone — The cellphone network added nearly 3% in premarket trading after Vodafone and CK Hutchison agreed to merge their U.K. businesses. Shell — The European oil stock was up 2.3% after Shell boosted its dividend and share buybacks and said it would keep oil production steady until 2030. SoFi Technologies — Shares added 3.25% premarket.
Persons: Akio Toyoda, Bracken Darrell, CK Hutchison, UnitedHealth, John Rex, BTIG, — CNBC's Hakyung Kim, Jesse Pound Organizations: Toyota, Toyota Marin, Logitech, Citi, Vodafone, CK, Devices, Amazon, Services, Reuters, Humana, Lumen Technologies, Google, Microsoft, Shell, SoFi Locations: San Rafael , California, Japan
Logitech says CEO stepping down, to leave company
  + stars: | 2023-06-13 | by ( ) www.reuters.com   time to read: +1 min
June 13 (Reuters) - Logitech SA (LOGN.S) said on Tuesday that Chief Executive Officer and President Bracken Darrell is resigning from his role effective immediately and will be leaving the company to pursue another opportunity. Darrell, who assumed the role of Logitech's CEO in 2013, will remain with the company over the coming month to facilitate the transition while a search for a replacement is conducted, the statement said. Meanwhile, board member Guy Getch will step in as interim CEO, the company said. "I feel this is a good point to hand over leadership," Darrell said, adding that he will remain a "customer, shareholder and fan" of the Swiss-American tech company. Reporting by Rahat Sandhu in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.
Persons: Bracken Darrell, Darrell, Guy Getch, Rahat Sandhu, Pooja Desai Organizations: Logitech SA, Logitech, Swiss, Thomson Locations: American, Bengaluru
Logitech 's stock should fall tougher economic conditions hit personal computer and video spending, Deutsche Bank said Friday. Brown also lowered his price target by CHF14 to CHF54, which presents a downside of 4.7% over Thursday's close. The stock is down nearly 9% so far in 2023, even as the broader market has turned up to start the year. Industry research data IDC's PC tracker showed personal computer shipments were down 28% in the fourth quarter of 2022 compared with the same period a year prior. To be sure, Logitech sales have a historically low correlation to personal computer shipments, but Brown warned the correlation is growing stronger as the broader economic worsens.
Logitech cuts sales outlook after Q3 miss; shares seen sinking
  + stars: | 2023-01-12 | by ( ) www.reuters.com   time to read: +1 min
ZURICH, Jan 12 (Reuters) - Logitech International (LOGN.S) on Thursday reported lower earnings and sales between October and December and cut its sales outlook, citing a difficult economic backdrop and supply chain uncertainties linked to China's COVID-19 outbreak. CEO Bracken Darrell said the weaker-than-expected results reflected "challenging macroeconomic conditions including a slowdown in sales to enterprise customers in the quarter." The company was cutting its outlook based on the results and on "uncertainty in supply availability related to the current COVID outbreak in China." Last year, COVID restrictions drove Logitech to its highest ever second-quarter sales on the back of strong demand for home office products and computer gaming devices. Reporting by Noele Illien and John Stonestreet; Editing by Jacqueline Wong and Noele IllienOur Standards: The Thomson Reuters Trust Principles.
Cognizant — Shares of Cognizant rose 8% after the IT company raised its fourth-quarter revenue guidance. American Airlines — Shares rose more than 7% after the airline boosted its revenue and profit estimates for the fourth quarter. Caterpillar — Shares rose 2.4%, notching a 52-week high, after JPMorgan added the manufacturer to its focus list, saying its margin upside potential is currently underappreciated. Bed Bath & Beyond — Bed Bath & Beyond rallied 18%, building on gains after a handful of meme stocks surged Wednesday. The stock surged almost 69% in Wednesday's session.
SKIP AHEAD Best Cyber Monday deals under $25 | Best Cyber Monday sales under $25To help you make the most of this shopping holiday, we compiled some of the best Cyber Monday deals and sales under $25 that we think you’ll want to know about. Best Cyber Monday 2022 deals under $25Below, we’re sharing the best Cyber Monday deals under $25 based on our previous coverage and reporting. 4.5-star average rating from 75,259 reviews on AmazonLogitech says its wireless keyboard and mouse combo can work with any Windows computer. Best Cyber Monday 2022 sales under $25Here are the best Cyber Monday sales under $25 that we think you’ll want to know about. Remember that sales include multiple deals, and not every product listed in a sale is going to be the best deal around.
SKIP AHEAD Cyber Monday tech deals | Cyber Monday tech salesTo help you make the most of the shopping holiday, we compiled some of the best Cyber Monday deals and sales on tech products that we think you’ll want to know about. Best Cyber Monday 2022 tech dealsBelow, we’re sharing the best Cyber Monday tech deals based on our previous coverage and reporting. Lowest price ever4.7-star average rating from 13,906 reviews at Best BuyBeats (now owned by Apple) is known for its great over-the-ear headphones, and these are no exception. 4.6-star average rating from 38 reviews at Best BuySelect-favorite brand Netgear says the Nighthawk AX5300 Wi-Fi router provides expanded network capacity and extended coverage. Best Cyber Monday 2022 Tech salesHere are the best Cyber Monday tech sales that we think you’ll want to know about.
41 best Cyber Monday tech deals in 2022
  + stars: | 2022-11-27 | by ( Christina Colizza | ) www.nbcnews.com   time to read: +13 min
SKIP AHEAD Cyber Monday tech deals | Cyber Monday tech salesTo help you make the most of the shopping holiday, we compiled some of the best Cyber Monday deals and sales on tech products that we think you’ll want to know about. Best Cyber Monday 2022 tech dealsBelow, we’re sharing the best Cyber Monday tech deals based on our previous coverage and reporting. Lowest price ever4.7-star average rating from 13,906 reviews at Best BuyBeats (now owned by Apple) is known for its great over-the-ear headphones, and these are no exception. 4.6-star average rating from 38 reviews at Best BuySelect-favorite brand Netgear says the Nighthawk AX5300 Wi-Fi router provides expanded network capacity and extended coverage. Best Cyber Monday 2022 Tech salesHere are the best Cyber Monday tech sales that we think you’ll want to know about.
35+ best Black Friday deals under $25
  + stars: | 2022-11-25 | by ( Mili Godio | ) www.nbcnews.com   time to read: +10 min
But your Black Friday purchase doesn’t have to break the bank: You can find several affordable deals under $25 across retailers throughout the holiday weekend. SKIP AHEAD Best Black Friday deals under $25 | Best Black Friday sales under $25To help you make the most of this shopping holiday, we compiled some of the best Black Friday deals and sales under $25 that we think you’ll want to know about. Best Black Friday 2022 deals under $25Below, we’re sharing the best Black Friday deals under $25 based on our previous coverage and reporting. 4.5-star average rating from 75,259 reviews on AmazonLogitech says its wireless keyboard and mouse combo can work with any Windows computer. Best Black Friday 2022 sales under $25Here are the best Black Friday sales under $25 that we think you’ll want to know about.
For the first time in Prime Day’s history, Amazon is hosting two Prime Day-like events in the same year. SKIP AHEAD Prime Day sales under $25 on Amazon | Prime Day sales at other retailersWhether you’re upgrading your skin care routine or looking for new tech accessories, Amazon is offering notable discounts on thousands of items during the Prime Early Access Sale, many of which are affordably priced at under $25. Prime Early Access Sale: The best deals under $25Below, we’re sharing the best deals under $25 from the Prime Early Access Sale based on our previous coverage and reporting. Prime Early Access Sale: The best sales under $25 on AmazonHere are the best October Prime Day sales under $25 on Amazon right now that we think you’ll want to know about. Prime Early Access Sale: The best sales at other retailersIn addition to Amazon, the following retailers are offering Prime Day sales we recommend.
The Logitech G502 Lightspeed Wireless Gaming Mouse ($149) boasts Logitech's amazing Hero sensor, but in a wireless iteration that helps makes it much more convenient to use. The mouse also supports wireless charging with the $100 Lightspeed mouse pad, which you'll never have to worry about charging. The Logitech G series has long been a go-to for gamers around the world, and the company recently announced its newest addition to the series — Logitech G502 Lightspeed Wireless Gaming Mouse ($149). We've been using the Logitech G502 Lightspeed Wireless Gaming Mouse for a while to find out. If you like the idea of a fast, precise wireless mouse, then the wireless support is a great addition here too.
Persons: you'll, you've, it'll, it's Organizations: Logitech, Lightspeed, Amazon, Amazon Business, Service, G502, Logitech's, Logitech G502 Locations: Wall, Silicon
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