The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
PARIS, April 30 (Reuters) - French defense electronics group Thales, which recently completed its 4.8 billion euros ($5.4 billion) takeover of chipmaker Gemalto, posted a dip in first quarter sales although it kept its underlying financial targets.
Sales slipped 1.5 percent from a year ago to 3.36 billion euros, which Thales said was partly due to the fact that last year's figures were boosted by a major Australia contract order.
"Predictably, order intake is lower than in Q1 2018, which was exceptionally high thanks to the booking of OneSKY, an 855 million euros jumbo contract in Australia," said Thales chairman and chief executive Patrice Caine.
"The decline in sales is due to a high basis of comparison in each of our operating segments. We confirm all our financial objectives for 2019," added Caine.
Thales completed its takeover of Gemalto earlier in April, with the Gemalto deal set to boost Thales' presence in the booming security services market.
Thales said it would update its 2019 outlook in June to factor in the Gemalto deal.
($1 = 0.8938 euros) (Reporting by Jean-Michel Belot; Editing by Sudip Kar-Gupta)