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Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20%

Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line with the ride-hailing service's forecasts......»»

Category: topSource: reutersMay 30th, 2019

IC Insights raises semiconductor capex growth forecast for 2018

IC Insights has revised upward its semiconductor industry capex growth forecast for 2018 to 14% from 8%. The industry capital spending is also forecast to exceed US$100 billion for the first time in 2018, according to the research firm......»»

Category: topSource: digitimesMay 24th, 2018

Memory IC to account for 53% of total 2018 semi capex, says IC Insights

Total semiconductor capital expenditures are forecast to rise to US$102.0 billion in 2018, the first time that the industry spends more than US$100 billion on capex in one year, according to IC Insights......»»

Category: topSource: digitimesAug 31st, 2018

Black Hills Corp. Reports Third Quarter 2018 Results and Provides Earnings Guidance Updates

Quarterly dividend increased 6.3 percent to $0.505 per share from $0.475 per share Capital investment forecast for 2018 to 2022 increased by $208 million to $2.54 billion Lower end of guidance increased for 2018 EPS from continuing operations, as adjuste.....»»

Category: earningsSource: benzingaNov 5th, 2018

Mast Capital, AvalonBay complete Coral Gables apartments (Photos)

The 20-story building is near the Coral Gables/Miami city line......»»

Category: topSource: bizjournalsMay 10th, 2024

McDonald"s Stock Faces Death Cross, And Investors Aren"t Loving It

McDonald's expects its fiscal 2024 operating margin to fall in the mid-to-high 40% range with capital expenditure of up to $2.7 billion. Late.....»»

Category: blogSource: benzingaMay 8th, 2024

RA Capital sues ChemoCentryx after biotech company"s $3.9 billion sale to Amgen

The suit comes 19 months after the Peninsula biotech company was sold to Amgen for $3.9 million......»»

Category: topSource: bizjournalsMay 7th, 2024

King of Prussia e-commerce firm selling division, warns of potential employee impact

Radial's roots trace back to GSI Commerce, a company founded by Main Line entrepreneur Michael Rubin that sold to eBay for $2.4 billion in 2011......»»

Category: topSource: bizjournalsMay 3rd, 2024

Seplat"s $1.28B Asset Deal with Exxon Gets Regulatory Boost: Report

The Exxon-Seplat asset sale in Nigeria could be approved within two weeks, ending a two-year delay since the $1.28 billion deal was signed. This will inject capital into Nigeria's oil industry and boost oil output. read more.....»»

Category: blogSource: benzingaMay 3rd, 2024

Consumer Goods Company Church & Dwight Predicts Weaker Bottom-Line For Q2 With Moderate Gross Margin Expansion

Church & Dwight exceeds expectations with a 5.1% year-on-year sales surge in Q1 FY24, reaching $1.50 billion, outpacing analyst projections. read more.....»»

Category: blogSource: benzingaMay 2nd, 2024

Barrick Gold Maintains FY24 Outlook Despite Q1 Production Miss

Barrick Gold reported first-quarter revenue of $2.747 billion (+4% Y/Y), which is in line with the consensus. Gold production stood at 940 thousand ounces (-1% Y/Y), and gold sales were 910 thousand ounces (-5% Y/Y). read more.....»»

Category: blogSource: benzingaMay 1st, 2024

Philips delivers first-quarter results in line with 2024 performance improvement plan; Resolves the Respironics personal injury and medical monitoring litigation in the US for USD 1.1 billion

April 29, 2024 First-quarter highlights Group sales amounted to EUR 4.1 billion, with comparable sales growth of 2.4% Comparable order intake -3.8%, mainly du.....»»

Category: dealsSource: nytApr 29th, 2024

One of the world"s biggest cities is sinking, so they"re spending $35 billion to build a new capital from scratch. Take a look at Nusantara.

Rising sea levels are threatening to swamp Jakarta, Indonesia's biggest city, so authorities are building a new capital called Nusantara. Construction is underway on Nusantara.Firdaus Wajidi/Anadolu/Getty ImagesIndonesia plans to reloc.....»»

Category: personnelSource: nytApr 28th, 2024

Gene Munster Applauds Sundar Pichai"s $100B Revenue Projection For Google Parent Alphabet: A Sign Of "Entering A New Growth Phase"

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai has projected that the company’s YouTube and Cloud businesses will generate a combined revenue of $100 billion by 2024. What Happened: The forecast was made.....»»

Category: earningsSource: benzingaApr 26th, 2024

Space company quietly sets up Denver-area satellite, solar factories and adds hundreds of jobs

The business has won more than $1 billion in work for a line of business that just came out of stealth mode this year......»»

Category: topSource: bizjournalsApr 25th, 2024

Meta"s AI plans are costing way more than they thought

Meta's was off by at least $5 billion in capital expenditures and $2 billion in projected total expenses for 2024. Meta's Q1 earnings report reveals it underestimated the cost of AI.Matt McClain/T.....»»

Category: smallbizSource: nytApr 24th, 2024

Humana Boosts Medicare Advantage Membership 2024 Forecast As Q1 Earnings Performance Exceeds Expectations

Humana reports Q1 adjusted EPS of $7.23, surpassing expectations. Revenues rise to $29.33 billion driven by Medicare premiums and Advantage membership growth. Guidance reaffirms confidence in future earnings. read more.....»»

Category: blogSource: benzingaApr 24th, 2024

NY"s latest offshore wind setback takes $300M off the table for Albany area

As part of three now-canceled offshore wind projects, the Capital Region had been line for funding to construct manufacturing facilities......»»

Category: topSource: bizjournalsApr 19th, 2024

Microsoft has 17% upside potential and upcoming earnings will show strong AI-driven growth, Bank of America says

Bank of America raised Microsoft's earnings estimate by 1% above its $60.5 billion Q3 revenue forecast, citing sustained Azure strength. Drew Angerer/Getty Images Bank of America raised its Microsoft earni.....»»

Category: worldSource: nytApr 18th, 2024

N.C. State Lottery Commission: Sports betting hits $659M in first month

First-month receipts totaled $659 million, putting North Carolina ahead of pace to reach a first-year forecast of $3.9 billion in wagers......»»

Category: topSource: bizjournalsApr 17th, 2024