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Lordstown Motors needs more capital to meet electric truck launch goals
Lordstown Motors said Monday it expects to spend $115 million more than expected in 2021, making it necessary for the company to return to capital markets to raise more money to meet its fall production plans. The Youngstown, Ohio-area manufacturer .....»»
Sadiq Khan, the first Muslim to head a major Western capital, has been re-elected as mayor of London
Sadiq Khan was re-elected to a second term as London's mayor on Saturday, as had been widely expected. Mayor of London Sadiq Khan embraces his wife Saadiya after a speech after being re-elected in the London mayoral election, at th.....»»
Norwegian Cruise stock drops after wider-than-expected loss, revenue miss
Shares of Norwegian Cruise Line Holdings Ltd. fell 2.0% in premarket trading Thursday, after the cruise operator reported a wider-than-expect.....»»
Dow up 227 points, S&P just shy of record
U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»
Why cryptocurrencies Bitcoin, Dogecoin and Ether are selling off
Cryptocurrencies took a beating Friday as President Biden is expected to unveil a plan to raise capital-gains .....»»
Stocks rebound as housing data tempers tax hike fears
U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»
Stocks rally as economic data outweighs Biden"s capital gains tax hike proposal
U.S. equity markets rallied Friday as investors digested strong economic data and continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»
Stocks little changed with capital gains tax hike in focus
Stock futures were little changed Friday morning as investors continued to weigh the impact of President Biden’s expected proposal to hike the capital gains tax rate......»»
3 Albany region tech companies developing their own workforce pipelines
The Capital Region has more tech jobs available than there are people and the labor market is expected to tighten even more in coming months. Here are three Capital Region tech companies benefitting from internal workforce development programs......»»
The Wall Street Journal: Rival group makes bid for Tribune Publishing that’s superior to Alden’s
A Maryland hotel magnate and a Swiss billionaire have made a bid for Tribune Publishing Co. that the newspaper chain is expected to favor over a takeover deal it already struck with hedge fund Alden Global Capital LLC......»»
Cal-Maine shares up 2.2% premarket as profit blows past estimates, offsetting sales miss
Cal-Maine Foods Inc. shares rose 2.2% in premarket trade Monday, after the egg producer posted a far bigger-than-expected profit for its fiscal third quarter, offsetting a sales mi.....»»
Retail sales unexpectedly stumble 3 percent in February
The steeper-than-expected decline came as severe weather gripped large areas of the country......»»
Retail sales stumble 3 percent in February
The steeper-than-expected decline came as severe weather gripped large areas of the country......»»
NOV warns of revenue miss, as severe weather and COVID-19 weighed
NOV Inc. warned Tuesday that first-quarter results would fall below previous estimates, as severe weather in Texas and Oklahoma and ongoing effects of the COVID-19 pandemic has led to softer-t.....»»
Express shares soar 26% premarket as smaller-than-expected loss weighs against sales miss
Express Inc. shares shot up 26% in premarket trade Wednesday, after the clothing retailer posted a smaller-than-expected loss for the fourth quarter, but sales that fell short of estimates. Columbus, Ohio-based Express said it had a loss of .....»»
Red Robin upgraded to Buy at Loop Capital on expected return of positive comps
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.....»»
Marvell results expected to be a modest beat, says Susquehanna
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.....»»
Earnings Scheduled For February 24, 2021
Companies Reporting Before The Bell • Pinnacle West Capital (NYSE:PNW) is expected to report quarterly earnings at $0.04 per share on revenue of $715.74 million. read more.....»»
Wells Fargo to sell asset management unit to private-equity firms GTCR and Reverence Capital for $2.1 billion
Wells Fargo & Co. said Tuesday it has agreed to sell Wells Fargo Asset Management to private-equity firms GTCR LLC and Reverence Capital Partners LP for $2.1 billion. The deal is expected to close in the secon.....»»
Churchill Capital Corp. VI upsizes IPO to 48 million units
Churchill Capital Corp. VI said Friday it upsized its initial public offering to 48 million units from an earlier plan to offer 46 million, with shares expected to start trading Friday on the New .....»»