Vodafone Group Plc (NASDAQ:VOD) shares are trading higher in premarket today. The telecommunications company has sold an additional 10% stake in Oak Holdings GmbH, the partnership co-controlling Vantage Towers, for 1.3 billion euros ($1.4 billion). This sale finalizes the 50:50 joint ownership structure with the consortium led by Global Infrastructure Partners and KKR & Co (NYSE:KKR). Vodafone will receive €1.3 billion from this transaction, sold at €32 per share, matching the initial deal announced on November 9, 2022, bringing the total proceeds from selling Vantage Towers shares to €6.6 billion. The proceeds will be used to reduce Vodafone’s debt, lowering the Net Debt/Adjusted E

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock is trading higher Tuesday as the artificial intelligence tailwinds keep blowing from every end. ASML Holding (NASDAQ:ASML) anticipates nearly €5 billion in orders in the second quarter, driven by Taiwan Semiconductor’s demand for AI chip production tools. Taiwan Semiconductor’s robust orders for ASML’s EUV product line are set to boost ASML’s second-quarter order value above consensus estimates. Super Micro Computer Inc (NASDAQ:SMCI) CEO Charles Liang in an interview with CNBC’s Jim Cramer on Monday expressed optimism about the AI server company’s growth trajectory, stating, “this AI revolution can be bigger even than the industria

Vodafone Group Public Limited Company (NASDAQ:VOD) reportedly plans to sell its entire $2.3 billion stake in India’s Indus Towers through stock market block deals next week. The move is part of the British firm’s strategy to repay debt, Reuters reports. Vodafone currently owns 21.5% of mobile tower operator Indus Towers through various group entities. Based on Friday’s stock price in Mumbai, the investment is valued at $2.3 billion. As per the report, the final size of the stake sale is yet to be determined and could be lower than 21.5% if demand is insufficient. Vodafone intends to sell the stake through block deals in Indian stock markets next week and has enlisted several bank

International Business Machines Corporation (NYSE:IBM) has reportedly triumphed in a legal battle, overturning $1.6 billion in damages awarded to BMC Software Inc. in 2022.  The dispute stemmed from IBM’s implementation of its own software while servicing their shared client, AT&T Inc (NYSE:T). The U.S. 5th Circuit Court of Appeals ruled in favor of IBM, nullifying one of the largest-ever judgments in a commercial dispute, according to a report from Bloomberg. Judges found that IBM lawfully acquired AT&T’s mainframe software account without breaching agreements with BMC. Also Read: IBM Signs Agreements With The Government Of Canada  Houston-based BMC sued IBM in 2017, alleging

ASE Technology Holding Co, Ltd (NYSE:ASX) reported a fiscal first-quarter 2024 net revenue growth of 1.5% year-on-year to NT$132.80 billion ($4.24 billion), missing the consensus of $4.41 billion. The revenue declined by 17.3% quarter-on-quarter. Net revenues for ATM (assembly, testing, and material) business was NT$73.91 billion, up by 0.8% Y/Y and down by 9.9% Q/Q.  EMS (electronic manufacturing services) net revenues were NT$59.37 billion, up by 2.8% Y/Y and down by 25.0% Q/Q. Gross margin increased by 94 bps Y/Y to 15.7%. The operating margin declined by 21 bps Y/Y to 5.7%. Diluted EPS was NT$1.28 (or $0.084 per ADS) vs. consensus $0.100. Capital expenditures totaled $228

Rogers Communications Inc (NYSE:RCI) reported fiscal first-quarter 2024 revenue growth of 28% year-over-year to $3.64 billion (4.90 billion Canadian dollars), beating the consensus of $3.58 billion. The adjusted EPS of $0.73 (CA$0.99) beat the consensus of $0.72. Total service revenue grew 31% Y/Y to CA$4.36 billion on higher revenue growth in the Cable and Wireless businesses. Wireless service revenue increased by 9% Y/Y, mainly aided by the cumulative impact of growth in the mobile phone subscriber base and revenue from Shaw Mobile subscribers. Wireless equipment revenue increased by 4%, primarily due to a continued shift in the product mix towards higher-value devices. Cabl

Texas Instruments Incorporated (NASDAQ:TXN) shares are trading higher on Wednesday in the premarket session. The company reported first-quarter revenue of $3.66 billion, which beat the consensus estimate of $3.611 billion.  According to Benzinga Pro, TXN stock has lost over 3% in the past month.  Quarterly gross profit decreased to $2.095 billion from $2.863 billion. Operating profit in the quarter under review decreased to $1.286 billion from $1.934 billion. Revenue decreased 16% from the same quarter a year ago and 10% sequentially, as revenue declined across all end markets. Over the past 12 months, the company invested $3.7 billion in R&D and SG&A, $5.3 billion in capital

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is adjusting its pricing model to include a premium for chips manufactured outside of Taiwan.  This move is driven by the need to expand its global production capabilities amid escalating tensions with China and rising production costs.  The key Nvidia Corp (NASDAQ:NVDA) supplier reported a robust first-quarter net profit and anticipates revenue growth driven by AI chip demand.  It maintains a capital expenditure forecast of $28 billion – $32 billion for the year but expects a slight dip in gross margin in the upcoming quarter due to increased costs.  Also Read: TSMC Cautions Red-Hot Chip Industry Growth Could Cool Amid Declining A

Vodafone U.K., a subsidiary of Vodafone Group Plc (NASDAQ:VOD), and Three U.K., owned by CK Hutchison Holdings Limited, announced last year a joint venture that would consolidate their 27 million customers under one network provider.  This move prompted the Competition and Markets Authority (CMA) to initiate a Phase 1 investigation in January to determine the potential for a “substantial lessening of competition” that could impact U.K. consumers and businesses.  Last June, Vodafone Group struck a merger agreement with CK Hutchison Group Telecom Holdings Limited (CKHGT), a subsidiary of CK Hutchison Holdings Ltd, to combine their U.K. telecommunications operations. Following the merger

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 138 exchange-traded fund(s) (each a "Fund," collectively, the "Funds") advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: December 23, 2022 Record Date: December 27, 2022 Payable Date: December 30, 2022 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount Long-Term Capital Gain Per Share Amount     ACTIVELY MANAGED EXCHANGE-TRADED FUNDS       First Trust Exchange-Traded Fund III   FCAL Nasdaq First Trust California Municipal High Income ETF

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 129 exchange-traded fund(s) (each a "Fund," collectively, the "Funds") advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date:       September 23, 2022 Record Date:       September 26, 2022 Payable Date:       September 30, 2022 Ticker   Exchange   Fund Name   Frequency     Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS     First Trust Exchange-Traded Fund III FCAL   Nasdaq   First Trust California Municipal High Income ETF   Monthly     $0.1000 FEMB

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 135 exchange-traded fund(s) (each a "Fund," collectively, the "Funds") advised by FTA. The following dates apply to today's distribution declarations:   Expected Ex-Dividend Date:   June 24, 2022   Record Date:   June 27, 2022   Payable Date:   June 30, 2022 Ticker   Exchange   Fund Name   Frequency   Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund III    FCAL   Nasdaq   First Trust California Municipal High Income ETF   Monthly   $0.0925 FEMB   N

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 120 exchange-traded fund(s) (each a "Fund," collectively, the "Funds") advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: March 25, 2022 Record Date: March 28, 2022 Payable Date: March 31, 2022 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund III FCAL Nasdaq First Trust California Municipal High Income ETF Monthly $0.0900 FEMB Nasdaq First Trust Emerging Markets

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 133 exchange-traded fund(s) (each a "Fund," collectively, the "Funds") advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date:   December 23, 2021 Record Date:   December 27, 2021 Payable Date:   December 31, 2021 Ticker   Exchange   Fund Name   Frequency   Ordinary Income Per Share Amount   Short-Term Capital Gain Per Share Amount   Long-Term Capital Gain Per Share Amount           ACTIVELY MANAGED EXCHANGE-TRADED FUNDS                    First Trust Excha

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 122 exchange-traded fund(s) (each a "Fund," collectively, the "Funds") advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date:   September 23, 2021 Record Date:   September 24, 2021 Payable Date:   September 30, 2021 Ticker   Exchange   Fund Name   Frequency   Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund III FCAL   Nasdaq   First Trust California Municipal High Income ETF   Monthly   $0.0900 FEMB   Nasdaq  

First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 122 exchange-traded funds (each a "Fund," collectively, the "Funds") advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date:   June 24, 2021 Record Date:   June 25, 2021 Payable Date:   June 30, 2021   Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund III FCAL Nasdaq First Trust California Municipal High Income ETF Monthly $0.0950 FEMB Nasdaq First Trust Emerging Markets Local Curren