Shounak Dasgupta

Latest articles

5d
EuroNews
Comcast, Verizon approached Twenty-First Century Fox to buy some assetsComcast and Verizon declined comment. Fox did not immediately respond to reques
EuroNews / Posted 5 days ago
Comcast and Verizon declined comment. Fox did not immediately respond to requests for comment. (Reporting by Yashaswini Swamynathan and Sweta Singh in Bengaluru and Anjali Athavaley in New York; Editing by Shounak Dasgupta... Read more
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6d
Reuters
Comcast, Verizon approached Twenty-First Century Fox to buy some assetssubscribers. Comcast and Verizon declined comment. Fox did not immediately res
Reuters / Posted 6 days ago
subscribers. Comcast and Verizon declined comment. Fox did not immediately respond to requests for comment. Reporting by Yashaswini Swamynathan and Sweta Singh in Bengaluru and Anjali Athavaley in New York; Editing by Shounak Dasgupta and Bill Ri... Read more
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6d
Channel NewsAsia
Comcast approached Twenty-First Century Fox to buy some assetsand Comcast did not immediately respond to requests for comment. CNBC first re
Channel NewsAsia / Posted 6 days ago
and Comcast did not immediately respond to requests for comment. CNBC first reported on Comcast's interest. (Reporting by Yashaswini Swamynathan in Bengaluru and Anjali Athavaley in New York; Editing by Shounak Dasgupta and... Read more
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6d
Channel NewsAsia
Toshiba in talks to sell PC operations to Asus: Nikkei‍​plan by Toshiba, as it scrambles for funds to cover billions of dollars in liab
Channel NewsAsia / Posted 6 days ago
plan by Toshiba, as it scrambles for funds to cover billions of dollars in liabilities arising from its now bankrupt U.S. nuclear unit Westinghouse. (Reporting by Karan Nagarkatti in Bengaluru; Editing by Shounak Dasgupta... Read more
3 related articles
6d
Reuters
Caesars Entertainment to buy casino operator Centaur for $1.7 billionthat Centaur was exploring a sale. Casino operators are also looking to increa
Reuters / Posted 6 days ago
that Centaur was exploring a sale. Casino operators are also looking to increase their scale by consolidating, partly in response to a decline in revenue as gamblers age. Reporting by Arunima Banerjee in Bengaluru; Editing by Shouna... Read more
5 related articles
6d
Reuters
Toshiba in talks to sell PC operations to Asus: Nikkei‍​of a larger restructuring plan by Toshiba, as it scrambles for funds to cover b
Reuters / Posted 6 days ago
of a larger restructuring plan by Toshiba, as it scrambles for funds to cover billions of dollars in liabilities arising from its now bankrupt U.S. nuclear unit Westinghouse. Reporting by Karan Nagarkatti in Bengaluru; Editing by Shounak D... Read more
3 related articles
6d
Reuters
Comcast approaches Twenty-First Century Fox for buying some assets: CNBCDisney Co. Fox and Comcast did not immediately respond to a request for commen
Reuters / Posted 6 days ago
Disney Co. Fox and Comcast did not immediately respond to a request for comment. (This version of the story corrects headline to clarify the news was reported by CNBC) Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Shounak Da... Read more
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6d
Reuters
Qualcomm could win EU approval for NXP by end of yearin 2018. Qualcomm and NXP did not immediately respond to requests for comment,
Reuters / Posted 6 days ago
in 2018. Qualcomm and NXP did not immediately respond to requests for comment, while the European Commission was not immediately available for comment. Reporting by Pushkala Aripaka and Laharee Chatterjee in Bengaluru; Editing by Shounak Da... Read more
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7d
Channel NewsAsia
CORRECTED: Cisco profit beats on strength in security businesseighth paragraph, fixes corrects to say eight quarters of year-to-year decline
Channel NewsAsia / Posted 7 days ago
eighth paragraph, fixes corrects to say eight quarters of year-to-year decline from four.) (Reporting by Salvador Rodriguez in San Francisco and Laharee Chatterjee in Bengaluru; Editing by Shounak Dasgupta and Richard Chang)S... Read more
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7d
Reuters
Trian's Peltz claims win in proxy fight, P&G says not yetproxy battle in history, in which the two sides collectively spent more than an
Reuters / Posted 7 days ago
proxy battle in history, in which the two sides collectively spent more than an estimated $100 million on mailings, phone calls and advertisements to woo investors. Reporting by Vibhuti Sharma in Bengaluru; Editing by Shounak Dasgupta and Bill R... Read more
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7d
Reuters
Trian's Peltz wins proxy fight against P&G, gets board seathad lost his bid to win a seat on the company’s board by 6.15 million votes, ac
Reuters / Posted 7 days ago
had lost his bid to win a seat on the company’s board by 6.15 million votes, according to a preliminary tally. Shares of the company were up 3.4 percent at $91.14 after market. Reporting by Vibhuti Sharma in Bengaluru; Editing by Shounak Da... Read more
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9d
Reuters
PokerStars owner could raise up to $2.50 billion for M&Acasinos over the next few months, Ashkenazi said. (This version of the story c
Reuters / Posted 9 days ago
casinos over the next few months, Ashkenazi said. (This version of the story corrects headline and first paragraph to say company could raise, not looks to raise, funds) Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Shounak Das... Read more
9d
Reuters
PokerStars owner looks to raise up to $2.50 billion for M&Alooks to expand online gambling, Stars is planning to secure a license with a p
Reuters / Posted 9 days ago
looks to expand online gambling, Stars is planning to secure a license with a partner in one of the state’s 12 casinos over the next few months, Ashkenazi said. Reporting by Yashaswini Swamynathan in Bengaluru; Editing by S... Read more
9d
Reuters
Senate reaches preliminary deal on easing bank rulesand expand their balance sheets without fear of being caught by stricter oversi
Reuters / Posted 9 days ago
and expand their balance sheets without fear of being caught by stricter oversight. Additional reporting by Aparajita Saxena in Bengaluru and Patrick Rucker in Washington and Lewis Krauskopf in New York; Editing by Shounak Dasgupta and Peter C... Read more
4 related articles
9d
Reuters
Roark Capital offers to buy Buffalo Wild Wings: Wall Street Journalto the report. (on.wsj.com/2jmdx8l) Roark Capital declined to comment. The re
Reuters / Posted 9 days ago
to the report. (on.wsj.com/2jmdx8l) Roark Capital declined to comment. The restaurant chain’s shares rose 27.5 percent to $149.51 after the bell following the report. Reporting by Akankshita Mukhopadhyay in Bengaluru; Editing by Shounak Da... Read more
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9d
Reuters
Bombardier in talks with EgyptAir for $1.1 billion CSeries dealorders. Bombardier spokeswoman, Nathalie Siphengphet said there was clearly a
Reuters / Posted 9 days ago
orders. Bombardier spokeswoman, Nathalie Siphengphet said there was clearly a strong momentum for the CSeries, and there was growing interest from airlines around the world. Reporting by Karan Nagarkatti in Bengaluru; Editing by Shounak D... Read more
5 related articles
9d
Reuters
Senate reaches deal to offer regulatory relief to U.S. banksBanking Committee Chairman Mike Crapo and a group of moderate Democrats struck
Reuters / Posted 9 days ago
Banking Committee Chairman Mike Crapo and a group of moderate Democrats struck the deal, a formal announcement of which is expected later on Monday, according to the WSJ report. Reporting By Aparajita Saxena in Bengaluru; Editing by Shounak Dasg... Read more
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13d
Reuters
News Corp profit beats on digital real estate unit strengthof a profit of 1 cent, according to Thomson Reuters I/B/E/S. Total revenue ros
Reuters / Posted 13 days ago
of a profit of 1 cent, according to Thomson Reuters I/B/E/S. Total revenue rose 4.5 percent to $2.06 billion, beating analysts’ estimate of $1.98 billion. Reporting by Pushkala Aripaka and Divya Grover in Bengaluru; Editing by Shounak... Read more
13d
Reuters
Chipmaker Nvidia tops estimates on gaming, data center boostrevenue of $2.65 billion, plus or minus 2 percent, which translates to a range
Reuters / Posted 13 days ago
revenue of $2.65 billion, plus or minus 2 percent, which translates to a range of $2.60 billion to $2.70 billion. Analysts were expecting $2.44 billion. Reporting by Laharee Chatterjee in Bengaluru; Editing by Shounak Dasgupta and Savi... Read more
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13d
Channel NewsAsia
UK soccer club Manchester City to headline Amazon video seriesUS$600 million bid for the streaming rights to the popular domestic Indian cric
Channel NewsAsia / Posted 13 days ago
US$600 million bid for the streaming rights to the popular domestic Indian cricket league, IPL, in September. (Reporting by Arjun Panchadar in Bengalurum and Jeffrey Dastin in San Francisco; Editing by Shounak Dasgupta and Diane Craft)Source: Reut... Read more
13d
Reuters
StanChart agrees to extend U.S. sanctions compliance scrutinyagreement acknowledged the company had made progress to improve its sanctions c
Reuters / Posted 13 days ago
agreement acknowledged the company had made progress to improve its sanctions compliance program, but that it had not reached standards required by the DPA, the bank said. Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Shounak Dasg... Read more
13d
Reuters
Chipmaker Nvidia tops estimates on gaming, data center gainsvolatile trading after the bell. They have surged about 92 percent this year, m
Reuters / Posted 13 days ago
volatile trading after the bell. They have surged about 92 percent this year, making its the third-best performing stock on the PHLX semiconductor index .SOX. Reporting by Laharee Chatterjee in Bengaluru; Editing by Shounak Dasgupta and Savio D'So... Read more
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13d
Reuters
News Corp posts first-quarter profit on lower expensesor 3 cents per share, a year earlier. On an adjusted basis, the company earned
Reuters / Posted 13 days ago
or 3 cents per share, a year earlier. On an adjusted basis, the company earned 7 cents per share. Total revenue rose to $2.06 billion from $1.97 billion. Reporting by Pushkala Aripaka and Divya Grover in Bengaluru; Editing by Shouna... Read more
13d
Channel NewsAsia
Nvidia Corp reports 54.6 percent rise in quarterly profitper share, in the third quarter ended Oct. 29, from US$542 million, or 83 cents
Channel NewsAsia / Posted 13 days ago
per share, in the third quarter ended Oct. 29, from US$542 million, or 83 cents per share, a year earlier. Revenue rose to US$2.64 billion from US$2 billion. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Shounak Dasgupta)Source: Reu... Read more
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14d
EuroNews
JPMorgan chief holds private talks with MayParis. The British government did not immediately respond to a request for comm
EuroNews / Posted 14 days ago
Paris. The British government did not immediately respond to a request for comment. Sky News had earlier reported about the meeting. (Reporting by Anjuli Davies in London and Parikshit Mishra in Bengaluru; Editing by Toby Chopra and Shounak Dasgup... Read more
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14d
Reuters
JPMorgan chief holds private talks with UK's MayParis. The British government did not immediately respond to a request for com
Reuters / Posted 14 days ago
Paris. The British government did not immediately respond to a request for comment. Sky News had earlier reported about the meeting. Reporting by Anjuli Davies in London and Parikshit Mishra in Bengaluru; Editing by Toby Chopra and Shounak Dasgu... Read more
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14d
Reuters
PayPal starts payment services in Indiaprocess both local and global payments through PayPal, getting access to the pa
Reuters / Posted 14 days ago
process both local and global payments through PayPal, getting access to the payment processor’s more than 218 million customers around the world and in India. Reporting by Aparajita Saxena and Roopal Verma in Bengaluru; Editing by Shounak Das... Read more
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14d
Channel NewsAsia
PayPal starts payment services in Indiaand global payments through PayPal, getting access to the payment processor's m
Channel NewsAsia / Posted 14 days ago
and global payments through PayPal, getting access to the payment processor's more than 218 million customers around the world and in India. (Reporting by Aparajita Saxena and Roopal Verma in Bengaluru; Editing by Shounak Dasgupta)Source:... Read more
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15d
Channel NewsAsia
Paramount's US$1 billion China funding deal scrapped after Beijing's scrutinyreference to SFG in its statement on Tuesday. Calls and text messages to SFG di
Channel NewsAsia / Posted 15 days ago
reference to SFG in its statement on Tuesday. Calls and text messages to SFG did not elicit any response. (Reporting by Pei Li in Beijing, Yashaswini Swamynathan in Bengaluru; Editing by Shounak Dasgupta and Muralikumar Anantharaman)Source: Re... Read more
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15d
Reuters
Paramount's $1 billion China funding deal scrapped after Beijing's scrutinyParamount made no reference to SFG in its statement on Tuesday. Calls and text
Reuters / Posted 15 days ago
Paramount made no reference to SFG in its statement on Tuesday. Calls and text messages to SFG did not elicit any response. Reporting by Pei Li in Beijing, Yashaswini Swamynathan in Bengaluru; Editing by Shounak Dasgupta and Muralikumar Ananthar... Read more
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15d
Channel NewsAsia
Paramount Pictures scraps agreement with Huahua Mediaand others to finance productions costs for the movies. The termination of the
Channel NewsAsia / Posted 15 days ago
and others to finance productions costs for the movies. The termination of the deal would impact Viacom's fourth quarter earnings by US$59 million, the company said. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Shounak Da... Read more
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15d
Reuters
Paramount Pictures scraps agreement with Huahua MediaMedia and others to finance productions costs for the movies. The termination
Reuters / Posted 15 days ago
Media and others to finance productions costs for the movies. The termination of the deal would impact Viacom’s fourth quarter earnings by $59 million, the company said. Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Shounak Das... Read more
5 related articles
16d
Reuters
GoDaddy posts better-than-expected quarterly revenuetouched record high of $47.37 during regular trading hours on Monday, were chop
Reuters / Posted 16 days ago
touched record high of $47.37 during regular trading hours on Monday, were choppy in extended trading. After an initial dip, they were last up 1.9 percent. Reporting by Munsif Vengattil in Bengaluru; Editing by Shounak Dasgupta and Savio... Read more
20d
Reuters
Unilever to buy tea brand Tazo from Starbucks for $384 millionspecialty tea segment. “With its strong appeal to millennials, Tazo is a perfe
Reuters / Posted 20 days ago
specialty tea segment. “With its strong appeal to millennials, Tazo is a perfect strategic fit for our U.S. portfolio,” Kees Kruythoff, president, Unilever North America said. Reporting by Sonam Rai in Bengaluru; Editing by Shou... Read more
20d
Reuters
Activision Blizzard's 'Destiny 2' drives full-year forecast raise49 cents. The company’s net income fell to $188 million, or 25 cents per share
Reuters / Posted 20 days ago
49 cents. The company’s net income fell to $188 million, or 25 cents per share in the quarter, from $199 million or 26 cents per share, a year earlier. Reporting by Aishwarya Venugopal in Bengaluru; Editing by Sriraj Kalluvila and Shounak Das... Read more
9 related articles
20d
Channel NewsAsia
AIG swings to quarterly loss, adds US$836 million to reservescomparable. Operating expenses, however, fell 15.3 percent to US$2.15 billion,
Channel NewsAsia / Posted 20 days ago
comparable. Operating expenses, however, fell 15.3 percent to US$2.15 billion, partly cushioning the blow from catastrophe losses. (Reporting by Nikhil Subba in Bengaluru and Suzanne Barlyn in New York; Editing by Shounak Dasgupta)Source: R... Read more
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20d
Reuters
Game-maker Activision Blizzard's holiday-quarter forecasts disappointraised its full-year adjusted profit forecast to $2.16 per share from $2 per sh
Reuters / Posted 20 days ago
raised its full-year adjusted profit forecast to $2.16 per share from $2 per share and adjusted revenue forecast to $6.85 billion from $6.58 billion. Reporting by Aishwarya Venugopal in Bengaluru; Editing by Sriraj Kalluvila and Shounak... Read more
9 related articles
20d
Reuters
AIG swings to quarterly loss, adds $836 million to reservesif the numbers were comparable. Operating expenses, however, fell 15.3 percent
Reuters / Posted 20 days ago
if the numbers were comparable. Operating expenses, however, fell 15.3 percent to $2.15 billion, partly cushioning the blow from catastrophe losses. Reporting by Nikhil Subba in Bengaluru and Suzanne Barlyn in New York; Editing by Shounak Das... Read more
8 related articles
21d
Reuters
Fitbit reports better than expected quarterly revenueto $392.5 million. Analysts on average had expected the company to report a lo
Reuters / Posted 21 days ago
to $392.5 million. Analysts on average had expected the company to report a loss of 3 cents per share on revenue of $391.7 million. Reporting by Laharee Chatterjee and Sriaj Kalluvila in Bengaluru; editing by Patrick Graham and Shounak... Read more
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21d
Channel NewsAsia
Kraft Heinz misses sales estimates as US demand weakenson average had expected the company to report a profit of US$82 per share, on r
Channel NewsAsia / Posted 21 days ago
on average had expected the company to report a profit of US$82 per share, on revenue of US$6.33 billion, according to Thomson Reuters I/B/E/S. (Reporting by Uday Sampath in Bengaluru; Editing by Savio D'Souza and Shounak Dasgupta)Source:... Read more
3 related articles
21d
Reuters
Kraft Heinz misses sales estimates as U.S. demand weakens$6.31 billion. Analysts on average had expected the company to report a profit
Reuters / Posted 21 days ago
$6.31 billion. Analysts on average had expected the company to report a profit of $82 per share, on revenue of $6.33 billion, according to Thomson Reuters I/B/E/S. Reporting by Uday Sampath in Bengaluru; Editing by Savio D'Souza and Shounak Dasgu... Read more
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21d
Reuters
Facebook profit soars, no sign of impact from Russia issuesaid in a note. “We’re also monitoring for any signs that this investigation wi
Reuters / Posted 21 days ago
said in a note. “We’re also monitoring for any signs that this investigation will have a material impact on ad revenue.” Reporting by David Ingram in Washington and Aishwarya Venugopal in Bengaluru; Editing by Shounak Dasgupta an... Read more
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21d
Channel NewsAsia
Tesla reports biggest-ever quarterly loss, Model 3 delaysor 14 cents per share, a year earlier. (http://bit.ly/2lF0H65) Revenue rose 30
Channel NewsAsia / Posted 21 days ago
or 14 cents per share, a year earlier. (http://bit.ly/2lF0H65) Revenue rose 30 percent to US$2.98 billion. Excluding items, the company lost US$2.92 per share. (Reporting by Arjun Panchadar in Bengaluru; Editing by Shounak Dasgupta)Source: Re... Read more
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21d
Reuters
Tesla reports biggest-ever quarterly lossthe third quarter ended Sept. 30 compared to a profit of $21.9 million, or 14 c
Reuters / Posted 21 days ago
the third quarter ended Sept. 30 compared to a profit of $21.9 million, or 14 cents per share, a year earlier. (bit.ly/2lF0H65) Revenue rose to $2.98 billion from $2.30 billion. Reporting by Arjun Panchadar in Bengaluru; Editing by Shounak Dasg... Read more
20 related articles
21d
Reuters
Facebook profit trounces estimates as ad sales riseReuters I/B/E/S. Total revenue increased 47.3 percent to $10.33 billion beatin
Reuters / Posted 21 days ago
Reuters I/B/E/S. Total revenue increased 47.3 percent to $10.33 billion beating analysts estimate of $9.84 billion, according to Thomson Reuters I/B/E/S. Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shounak Dasgupta and Savio D... Read more
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22d
Channel NewsAsia
Indivior drug to fight opioid addiction recommended by US panelto garner around 50 percent of the buprenorphine market, just short of the 56 p
Channel NewsAsia / Posted 22 days ago
to garner around 50 percent of the buprenorphine market, just short of the 56 percent Suboxone currently enjoys. (Additional reporting by Divya Grover and Justin Varghese in Bengaluru; Editing by Shounak Dasgupta and Mark Potter)Source... Read more
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27d
Channel NewsAsia
Intel lifts full-year forecasts on data centre strengthcents per share, beating analysts' estimate of 80 cents per share. Revenue ros
Channel NewsAsia / Posted 27 days ago
cents per share, beating analysts' estimate of 80 cents per share. Revenue rose 2.4 percent to US$16.15 billion, beating estimates of US$15.73 billion. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Shounak Dasgupta)Sourc... Read more
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27d
Reuters
Western Digital forecasts quarterly revenue below estimates$3.56 cents per share. Net revenue rose 9.9 percent to $5.18 billion. Analyst
Reuters / Posted 27 days ago
$3.56 cents per share. Net revenue rose 9.9 percent to $5.18 billion. Analysts on average had expected earnings of $3.29 per share and revenue of $5.14 billion. Reporting by Sonam Rai in Bengaluru; Editing by Shounak Dasgupta and Sriraj Kall... Read more
6 related articles
27d
Reuters
Intel lifts full-year forecasts on data center strengththe company earned $1.01 cents per share, beating analysts’ estimate of 80 cent
Reuters / Posted 27 days ago
the company earned $1.01 cents per share, beating analysts’ estimate of 80 cents per share. Revenue rose 2.4 percent to $16.15 billion, beating estimates of $15.73 billion. Reporting by Laharee Chatterjee in Bengaluru; Editing by Shounak Da... Read more
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27d
Reuters
Western Digital revenue beats estimatesrose 9.9 percent to $5.18 billion. Analysts on average had expected earnings o
Reuters / Posted 27 days ago
rose 9.9 percent to $5.18 billion. Analysts on average had expected earnings of $3.29 per share and revenue of $5.14 billion, according to Thomson Reuters I/B/E/S. Reporting by Sonam Rai in Bengaluru; Editing by Shounak Dasgupta and Sriraj Kalluv... Read more
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