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UK"s Domino"s finds buyers for Norway business
Britain's biggest pizza delivery company Domino's Pizza Group said on Thursday it would sell its Norwegian business to existing minority shareholders of the business, kicking off the sale of its loss-making overseas operations......»»
Aspen Group Reports Record Revenue of $12.1 Million in the Second Quarter Fiscal Year 2020, Accelerating to 49% Growth Year-over-Year
Net Loss Improves to ($0.6) Million as All Three Business Units Deliver Prof.....»»
Scout24 sets strategic review for autos platform
German classified listings group Scout24 , reporting upbeat second-quarter profits, said on Tuesday it would explore options for its autos platform after facing calls from activist investor Elliott to sell the business......»»
Wells Fargo sells retirement, trust business in $1.2B deal
Wells Fargo Bank, a subsidiary of Wells Fargo & Co., has agreed to sell its Institutional Retirement and Trust business to Des Moines, Iowa-based Principal Financial Group for $1.2 billion. The transaction is set to close early in the third quarter. It.....»»
Barnes & Noble Sales Slide Continues As It Looks to Stabilize Business
Same-store sales at Barnes & Noble declined in the company’s latest quarter as the struggling bookseller also reported a wider loss from a year earlier......»»
Earnings Results: Airbnb earnings: Sales and bookings show strong growth as travel makes a comeback
Saying "people are ready to travel," Airbnb Inc. on Thursday reported continued resilience in its business, posting higher first-quarter revenue and increased gross bookings than expected, but with a larger-than-expected $1.2 billion loss......»»
Alibaba logs higher quarterly sales but posts loss on antitrust fine
Chinese e-commerce giant Alibaba Group Holding Ltd. posted revenue growth on stronger retail and cloud-computing results in the latest quarter, but a large fine levied by the Chinese government dragged the company to a quarterly loss......»»
Earnings Results: Alibaba posts loss due to anti-monopoly fine but beats revenue expectations
Alibaba Group Holding Ltd. swung to a loss for its March quarter as the company faced an anti-monopoly fine, but the Chinese e-commerce giant topped revenue expectations for the period amid continued momentum for its online marketplaces......»»
Iron Mountain to sell IPM business to NCC Group for $165M
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.....»»
CommScope beats estimates for earnings, revenue as it continues to reshape its business
The Hickory-based broadband equipment company reported a big net loss of $97.6 million in the first quarter. But it did mark improvement year over year and posted strong results in sales and adjusted earnings......»»
: Beyond Meat stock dives 8% after company swings to first-quarter loss
Beyond Meat says pandemic continues to affect its foodservice business and retail demand has declined......»»
Earnings Results: Uber shows smallest quarterly loss in its history thanks to sale of self-driving unit; delivery continues to dominate
Uber Technologies Inc.'s business continued to recover in the first quarter as COVID-19 restrictions eased, and the sale of its self-driving unit helped produce the smallest quarterly loss in its history as a public company......»»
Credit Suisse would’ve had its best quarter in years if it weren’t for Archegos
Credit Suisse Group AG (NYSE:CS) (SWX:CSGN) CEO Thomas Gottstein says the loss the investment bank sustai.....»»
United loses $1.36 billion as business travel remains weak
Despite federal payroll aid, United Airlines posted a $1.36 billion loss in the first quarter, slightly worse than expected......»»
OTC Markets Group Reports Fourth Quarter and Full Year 2020 Results
NEW YORK, March 17, 2021 /PRNewswire/ -- Fourth Quarter and Full Year 2020 Highlights: The COVID-19 pandemic did not adversely affect our financial results during 2020, and each of our three business lines grew revenue Gross revenues of $71.2 .....»»
Assurant to sell its Global Preneed business for $1.3 billion, to use bulk of proceeds on share repurchases
Assurant Inc. announced Tuesday an agreement to sell Global Preneed, its prearranged funeral insurance and final expense business, for $1.3 billion in cash to CUNA Mutual Group. The risk management company expects to use three-quarters.....»»
McAfee to sell enterprise business to Symphony Technology-backed consortium for $4 billion in cash
McAfee Corp. said Monday it has entered an agreement to sell its enterprise business to a consortium led by Symphony Technology Group in an all-cash deal valued at .....»»
PQ Group to sell PQ Performance Chemicals business for $1.1B
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.....»»
PQ Group"s stock set to rally after $1.1 billion deal to sell its performance chemicals business
PQ Group"s stock set to rally after $1.1 billion deal to sell its performance chemicals business.....»»
PQ Group to sell Performance Chemicals business for $1.1B
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.....»»