September 12 (Reuters) – Microsoft (MSFT.O)opens new tab said its cloud-based productivity software suite, which includes Word, Excel and Teams among other widely used tools, had recovered from an outage that affected thousands of users on Thursday. “We can confirm that the issue affecting connectivity to Microsoft services is now resolved,” the Windows parent company […]
Aug 29 (Reuters) – Birkenstock (BIRK.N)opens new tab Quarterly earnings expectations were missed on Thursday as the German sandal maker’s global expansion and production increases led to a decline in its margins, sending shares down 12% in early trading. Due to strong global demand and to increase sales through its own channels, where products are […]
Summit Partners and Vista Equity are sounding out investment bankers for a possible sale of financial software company Trintech. editorial This content has been selected, created and edited by the Finextra editorial team based on its relevance and interest to our community. The two venture capitalists have hired Deutsche Bank to handle the sale process, […]
Article 1 of 2 The logo of Seven & i of Japan is seen at its 7-Eleven convenience store in Tokyo, Japan, August 19, 2024. REUTERS/Kim Kyung-Hoon/File Photo (1/2)The logo of Japan’s Seven & i is seen at its 7-Eleven convenience store in Tokyo, Japan, August 19, 2024. REUTERS/Kim Kyung-Hoon/File Photo Purchase Licensing rightopens new […]
NEW YORK, Aug 22 (Reuters) – Evolent Health (EVH.N)opens new tab is currently in talks with private equity firms and health care providers about a potential sale. The process was initiated after interest in an acquisition emerged, people familiar with the matter said Thursday. Private equity firm TPG (TPG.O)opens new tabCD&R and KKR (KKR.N)opens new […]
WARSAW, Aug 21 (Reuters) – Polish oil refiner Orlen (PKN.WA)opens new tab The state-owned company suffered a loss of 40 million zloty ($10.42 million) in the second quarter, after posting a net profit of 6.1 billion zloty in the previous year. The reason for this was tax payments on increased profits and lower gas prices, […]
Credit card debt settlement platform Tally is shutting down after nine years in which it raised $172 million in venture capital. editorial This content has been selected, created and edited by the Finextra editorial team based on its relevance and interest to our community. The US fintech, which last raised $80 million in a Series […]
