Posts with tag: article
Boeing appoints Jeff Shockey as executive vice president of government operations, global public policy and corporate strategy.
Published on: February 20, 2025, 07:00 PM UTC
Innovative Industrial Properties, Inc. (IIPR) reported funds from operations of $63.4 million in its fourth quarter, or $2.22 per share. For the year, the company reported funds from operations of $256.1 million.
Published on: February 19, 2025, 11:09 PM UTC
Thames Water secures emergency loan of up to £3 billion from senior creditors, including Elliott Management, Silver Point, and Pimco. The loan provides breathing space for the UK's largest water and sewer company to negotiate a major restructuring with its lenders.
Published on: February 18, 2025, 11:00 AM UTC
Nvidia's latest equity holdings sent shockwaves through the markets, with WeRide soaring 83.46% on a new stake, while Serve Robotics plunged 39.4% on a position closure.
Published on: February 14, 2025, 11:02 PM UTC
GameStop (GME) shares surged after hours on Thursday after CNBC reported the video game retailer may invest in cryptocurrencies like Bitcoin.
Published on: February 14, 2025, 08:01 AM UTC
Published on: February 14, 2025, 12:01 AM UTC
Cisco Systems shares surged after the company raised its revenue forecast for the current quarter, driven by strong demand for networking gear from businesses investing in AI technology. Cisco's switches and routers are essential for directing data traffic in and out of networks, and the company has also expanded into software and services, benefiting from the acquisition of Splunk last year. Recurring revenue grew 9% in the second quarter, and the company's financial projections include the impact of tariffs on costs.
Published on: February 13, 2025, 03:00 PM UTC
Howmet Aerospace Inc. beats earnings estimates for the fourth quarter, with a reported profit of $314 million ($0.77 per share), driven by strong revenue growth.
Published on: February 13, 2025, 01:09 PM UTC
Cisco Systems shares jump 6.4% premarket on raised revenue forecast, strong cloud demand
Published on: February 13, 2025, 10:00 AM UTC
Egg prices are at record highs, with wholesale prices reaching $8.15 per dozen. Despite this, grocery stores are keeping prices lower to maintain affordability and avoid losing market share. Retailers are using strategies like limiting discounts, promoting loyalty programs, and limiting purchases to prevent stockpiling. The avian flu outbreak has decimated egg-laying hen flocks, causing the supply gap to widen. Demand remains high, and prices are expected to continue increasing before Easter.
Published on: February 12, 2025, 11:04 PM UTC