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AbbVie 2019 revenue forecast tops Wall Street estimates while it eyes future Botox sales

AbbVie Inc on Friday forecast 2019 revenue above Wall Street estimates and expressed confidence in future sales of blockbuster wrinkle treatment Botox, which it will acquire with its $63 billion purchase of Allergan Plc ......»»

Category: topSource: reutersNov 1st, 2019

With County budget, Mayor Harris eyes robot workers of the future — and how to protect local interests

In his $1.3 billion proposed operating budget, Shelby County Mayor Lee Harris would like to invest $1.25 million in technology startups that, if successful, could potentially replace some of the thousands of jobs Shelby County could lose to automation. .....»»

Category: topSource: bizjournalsApr 29th, 2019

NCLT questions Monnet Ispat"s liquidation value of Rs 23.65 billion

The RP had appointed Knight Frank and RBSA Advisors as the valuation experts in the insolvency and bankruptcy case.....»»

Category: topSource: business-standardApr 25th, 2018

Tata Steel"s takeover of Bhushan Steel: IBC"s "operational" test case

Deal is the first to reach resolution under bankruptcy code, leaves the case of supplier-creditors partially unresolved. How this issue pans out will determine future cases.....»»

Category: dealsSource: nytMay 22nd, 2018

ZTE Could Be Back In Business Soon, But It"ll Have To Pay A Price

Reuters reports the Chinese tech company would have to pay a $1 billion fine, as well as $400 million in escrow in case of future violations......»»

Category: topSource: moneycentralJun 6th, 2018

ZTE could be back in business soon, but it"ll have to pay a price

Reuters reports the Chinese tech company would have to pay a $1 billion fine, as well as $400 million in escrow in case of future violations......»»

Category: topSource: moneycentralJun 6th, 2018

Sears makes case to judge for rescue deal with chairman Lampert

The once-mighty Sears department store chain took its fight for survival to a bankruptcy judge on Monday, arguing the proposed $5.2 billion sale to its chairman, Eddie Lampert, would help save 45,000 jobs and keep 425 stores open......»»

Category: topSource: reutersFeb 4th, 2019

Express Inc. files for Ch. 11 bankruptcy as it closes stores and eyes sale

Express Inc. is closing more than 100 stores across multiple brands as a potential sale looms. The Columbus, Ohio-based retailer Monday said a consortium led by WHP Global and including a subsidiary of Simon Property Group LP and Brookfie.....»»

Category: topSource: bizjournalsApr 22nd, 2024

IPO Or Merger? Giorgio Armani Contemplates Future Amid Succession Plans: "I Don"t Feel I Can Rule Anything Out"

Armani, who holds the majority of Giorgio Armani SpA and boasts a net worth of $6.6 billion, also hinted at a potential IPO. read more.....»»

Category: blogSource: benzingaApr 19th, 2024

The Court Case That Could Change The Cannabis Industry Forever And How It Affects Rescheduling

A groundbreaking court case filed in Massachusetts against U.S. Attorney General Merrick Garland has captured the attention of the cannabis industry, promising to potentially reshape its future. read more.....»»

Category: blogSource: benzingaApr 16th, 2024

International Paper Acquires Packaging Firm DS Smith; Eyes Secondary Listing On London Stock Exchange

International Paper secures a $9.9 billion deal to acquire DS Smith Plc, fo.....»»

Category: blogSource: benzingaApr 16th, 2024

Missouri"s $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses

The Missouri cannabis market set a new monthly sales record in March, reaching nearly $125 million. Accordin.....»»

Category: blogSource: benzingaApr 15th, 2024

"Wow:" Elon Musk Stunned By Reminder Of How Tesla Bull"s Optimistic 2021 Rivian Prediction "Didn"t Age Well"

Future Fund's Gary Black expressed optimism about Rivian in 2021, even at a $70 billion market cap, expecting them to produce 150,000 EVs annually by 2024 with $10 billion in revenue. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Vietnam wants to take China"s place as a new factory of the world — but a $12 billion financial fraud case is getting in the way

Vietnamese real-estate tycoon Truong My Lan was sentenced to death for her role in a $12.5 billion fraud case. Vietnamese property tycoon Truong My Lan looks on at a court in Ho Chi Minh city on April 11, 2024.STR/AFP via Getty .....»»

Category: personnelSource: nytApr 12th, 2024

A Texas judge threw out the NRA"s bankruptcy case, clearing the way for New York"s attempts to dissolve the group

New York Attorney General Letitia James sued the NRA in August, accusing the organization of corruption and seeking to dissolve it. National Rifle Association CEO Wayne LaPierre at the Conservative Political Action Conference in 2017. .....»»

Category: topSource: businessinsiderMay 11th, 2021

A Golden Future: Visualizing The Economic Case For The Barbarous Relic

A.....»»

Category: worldSource: nytMay 9th, 2021

Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses

Archegos Reportedly Files For Bankruptcy As Banks Scramble To Recoup $10 Billion In Losses The other day, we learned that Credit Suisse, which was left on the hook for $5 billion after dumping blocks of s.....»»

Category: worldSource: nytMay 5th, 2021

Caesars says weekends in Las Vegas sold out for foreseeable future

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 4th, 2021

Earnings Results: Caesars stock spikes after execs say ‘weekends in Las Vegas are sold out for the foreseeable future’

Caesars Entertainment Inc. shares spiked in after-hours trading Tuesday after the casino company revealed another big loss in the first quarter, but outlined a strong rebound in the works in Las Vegas......»»

Category: topSource: marketwatchMay 4th, 2021

Revolve Group: A Debt-Free and Profitable Mid-Cap

This $3.64 billion online fashion retailer offers promise for the future, if you can live with its dual-share structureRelated Stocks: RVLV, YJ, OSTK, BOO, AMZN,.....»»

Category: smallbizSource: nytMay 4th, 2021