Emon Reiser - Profile and Journalist Details

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• Eaton to Buy Data-Center Builder Fibrebond For $1.4 Billion

  By Emon Reiser Verified| Trading View@ Eaton to Buy Data-Center Builder Fibrebond For $1.4 BillionETNEaton said it signed an agreement to acquire modular data-center builder Fibrebond in a $1.4 billion deal. The Dublin power-management company on Tuesday said the acquisition will expand its reach into the multitenant data-center market that Fibrebond serves. Minden, La.-based Fibrebond builds power enclosures for data-center, utility, fiber and industrial clients, and it generated revenue of $378 million for the 12 months ending Feb.

  By Emon Reiser Verified · Trading View

  Mar. 11, 2025

• Vertex Pharmaceuticals Posts Higher 4Q Revenue

  By Emon Reiser Verified| MarketScreener Verified By Emon Reiser Vertex Pharmaceuticals posted a double-digit increase in its quarterly revenue thanks to strong sales for its cystic-fibrosis treatment. The biotechnology company on Monday reported a profit of $913 million, or $3.50 a share, for the fourth quarter, compared with $968.8 million, or $3.76 a share, in the same quarter a year earlier.

  By Emon Reiser Verified · MarketScreener

  Feb. 10, 2025

• Skyworks Stock Crashes on Warning Apple Supplier Will Lose Some iPhone Business

  By Emon Reiser Verified| The Wall Street Journal Verified Shares of Skyworks Solutions slid, after the Apple supplier said tougher competition for the iPhone maker's semiconductor business would cut into sales. Apple is the company's largest customer. Late Wednesday, Skyworks warned it expects its share of the business supplying Apple with radio-frequency components to fall by one-fifth to one-quarter. Skyworks stock fell more than 25% in morning trading, to $64.76.

  By Emon Reiser Verified · The Wall Street Journal

  Feb. 06, 2025

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The Wall Street Journal

The Wall Street Journal (WSJ) is a prominent American daily newspaper, established on July 8, 1889. It specializes in business, finance, and global news, making it one of the most influential newspapers in the U.S. The WSJ is owned by Dow Jones & Company, a subsidiary of News Corp, which acquired it in 2007. The WSJ publishes six days a week and offers both print and digital subscriptions. It provides comprehensive coverage of various topics, including business, finance, politics, and lifestyle. The newspaper features a well-regarded opinion section and includes special sections like Market Data, Personal Finance, and Life & Arts. With a readership that includes financial professionals, business leaders, and individual investors, the WSJ is a key resource for those seeking insights into market trends and economic policies. The WSJ has received numerous accolades for its journalism, including 39 Pulitzer Prizes, and has a significant digital presence with over 3 million digital subscribers.