NYSE Parent ICE Anticipates Over $20 Million Spend on Bakkt This Year
NYSE parent firm Intercontinental Exchange is likely to spend over $20 million building its bitcoin futures trading platform Bakkt in 2019......»»
Par Pacific Holdings releases positive Q4 results
Par Pacific Holdings, Inc. (NYSE: PARR), the parent company of Par Hawaii, saw positive results in its year-end and fourth quarter results. Par Pacific reported a net income of $40.8 million, or $0.80 per diluted share, for the full-year 2019, com.....»»
S.F. waterfront hotel to raise new flag early next year
A prominent 200-room San Francisco hotel on the Embarcadero is set to undergo a major facelift this year. Pebblebrook Hotel Trust (NYSE: PEB) announced it will spend $25 million to renovate the Hotel Vitale into 1 Hotel San Francisco, a new brand o.....»»
Range Resources cuts drilling budget, drops dividend
Range Resources Corp. will chop nearly 30 percent of its drilling budget in the new year as it and other publicly-traded shale companies navigate the tumultuous waters of the energy industry in 2020. Range (NYSE: RRC) plans to spend $520 million, mo.....»»
Par Pacific Holdings Q3 results, local highlights
Par Pacific Holdings (NYSE: PARR), the parent company of Par Hawaii, saw a net loss of $83.9 million, an adjusted net income of $6.7 million and a record retail segment profitability this quarter. "I am pleased to report year-over-year earnings g.....»»
Walmart to spend over $140M to upgrade Missouri, Illinois stores
Walmart (NYSE: WMT) expects to spend an estimated $53.4 million this year to remodel and make other upgrades at stores in Missouri. The retail giant said it will remodel eight Missouri stores this year, in Potosi, Houston, Joplin, Nixa, Pineville,.....»»
Ashford, looking to leave NYSE, sells Boston hotel for $171M
Dallas-based Ashford Hospitality Trust had announced earlier this year that it had an agreement to sell the property for $171 million. Now the buyers have been revealed......»»
Sysco unveils three-year growth plan
Houston-based food distribution giant Sysco Corp. (NYSE: SYY) is rolling out a multipart plan to grow 1.5 times faster than market average and reduce $750 million in costs by fiscal year 2024......»»
Sogou Misses On Q1 Revenue Due To Tencent"s Proposed Acquisition, Lower Traffic Activity
Sogou Inc (NYSE: SOGO) reported a first-quarter FY21 revenue decline of 47% year-on-year to $137.2 million, missing the analyst consensus of $256.5 million. Uncertaint.....»»
Should Aurora Exit Recreational Market? Analysts Dissect Cannabis Co. Earnings
Canadian cannabis company Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) posted its third-quarter of fiscal 2021 financial results on Thursday with revenue of CA$58.4 million ($48.1 million), down by 19.5% year-over-year, a.....»»
DoorDash Stock Jumps On Q1 Revenue Beat, Strong Marketplace GOV Guidance
DoorDash Inc (NYSE: DASH) reported first-quarter FY21 revenue growth of 197.5% year-on-year to $1.077 billion, beating the analyst consensus of $993.32 million. DoorDash increased the number of partner merchant.....»»
Topgolf Recovering Ahead Of Plan, Callaway Capitalizing On Golf Demand
Shares of golf equipment manufacturer and Topgolf owner Callaway Golf Company (NYSE: ELY) hit new 52-week highs Tuesday after reporting first-quarter earnings. The company saw revenue at $651 million, up 47% year-over-year and w.....»»
Snapchat Among Backers Of Indian Social Media Platform In $502M Funding Round
Snapchat parent company Snap Inc (NYSE: SNAP) and Twitter Inc (NYSE: TWTR) participated in a $502 million funding round for Indian content sharing platform ShareChat, the latter said in a statement Thursday. read more.....»»
Elizabeth Warren and AOC want to spend $500 billion to create 1 million green infrastructure jobs
Progressives hope provisions of the bill, which could prevent 4,200 deaths from air pollution per year, end up in Biden's i.....»»
IHOP parent reports earnings that miss expectations
Dine Brands Global Inc. reported fourth-quarter net losses of $1.56 million, or 10 cents per share, after net income of $26.5 million, or $1.59 per share, last year. Adjusted EPS of 39 cen.....»»
Israeli real estate firm Faropoint looks to spend $100M buying up Philadelphia-area last-mile properties
The firm said it spent $50 million making acquisitions in the Philadelphia region last year and plans to double that this year......»»
After strong close to 2020, Denver"s Angi is optimistic about home services industry in new year
Angi, the Denver-based parent company to HomeAdvisor, Angie’s List and other brands, served more than 18 million households in 2020, a 19% increase from the prior year......»»
Navistar Reports Fourth Quarter And Full-Year 2020 Results
LISLE, Ill., Dec. 17, 2020 /PRNewswire/ -- Navistar International Corporation (NYSE:NAV) today announced a fourth quarter 2020 net loss of $236 million, or $2.36 per diluted share, compared to fourth quarter 2019 net income.....»»
Madison Square Garden Is Able To Patiently Wait For The Return Of Sport Events
On Monday, the New York-based sports team and entertainment company, Madison Square Garden Sports Corp. (NYSE: MSGS) reported a fiscal third-quarter loss of $118 million, after reporting a profit in the same period a year earlier. read more.....»»
Adecoagro"s Adjusted EBITDA reached $61.1 million during 1Q20, 4.7% higher year-over-year
LUXEMBOURG, May 14, 2020 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Re.....»»
FEMA cancels controversial $55 million contract to a company that"s never manufactured N95 masks after it failed to deliver the order
Reuters The Trump administration awarded a $55 million contract for N95 masks to a company with no experience producing medical supplies and whose parent company filed for bankruptcy protection last year. The Federal Emergency Management Agency on Tuesd.....»»