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Earnings Outlook: Micron earnings: Miserable year has cost company billions

What difference has a year made for Micron Technology Inc.? Try a profit shortfall of more than $3 billion......»»

Category: topSource: marketwatchJun 25th, 2019

State Street sticks to hiring freeze as revenue, profits fall

State Street Corp. on Tuesday reported year-over-year decreases in revenue and profits, with executives saying a hiring freeze remained in effect and emphasizing their focus on finding cost savings. The Boston-based company (NYSE: STT) has been h.....»»

Category: topSource: bizjournalsApr 23rd, 2019

30-year-old orca Kayla dies suddenly at SeaWorld in Orlando

Kayla's death comes a few years after SeaWorld made changes to how it treats orcas. In 2016, the company announced it would stop breeding the w.....»»

Category: topSource: usatodayJan 29th, 2019

98point6 lays off employees after shifting focus last year

The Seattle-based telehealth company sold its original business line to Transcarent for about $100 million a year ago......»»

Category: topSource: bizjournals9 hr. 25 min. ago

Energy intelligence company GridBeyond closes $55M Series C round

Four years after expanding to Houston, GridBeyond has closed its largest funding round to date. The company made its first U.S. acquisition last year......»»

Category: topSource: bizjournalsApr 16th, 2024

Chesterfield pipeline repair company Aegion goes private as its acquisition closes

A St. Louis public company that became the focus of a bidding war earlier this year has officially been taken private......»»

Category: topSource: bizjournalsMay 17th, 2021

Under Armour founder sold $138 million in stock during time period company allegedly misled investors about slowing sales

The SEC says the company made misleading claims to investors from October 2015 through January 2017. Plank carried out scheduled stock sales in November 2015 and April 2016, according to regulatory filings......»»

Category: topSource: washpostMay 13th, 2021

America"s newest airline, known for its $19 flights, is spending $1.2 million to bring its cheap trips to the East Coast

Avelo Airlines just made its Hollywood debut in April and already has plans to expand its low-cost leisure flights to the East Coast by year's end. Flying on the first flight of Avelo Airlines. Thomas Pallini/Insider Avelo Airlines is comi.....»»

Category: dealsSource: nytMay 9th, 2021

SpaceX launches NASA’s Crew-2 to orbit, its third human spaceflight in less than a year

SpaceX's third human spaceflight in less than a year is comprised of an international group of astronauts and comes as the company plans several more, including two made up of private citizens......»»

Category: topSource: washpostApr 23rd, 2021

Playboy is up 143% since going public via SPAC this year as the adult lifestyle brand lures investors with pivot to NFTs

Playboy's parent PLBY Group has skyrocketed 143% since going public via SPAC on February 11. The company has reemerged with a focus on lifestyle and sexual health. Playboy covers are seen on dis.....»»

Category: topSource: businessinsiderApr 20th, 2021

Warren Buffett"s Berkshire Hathaway has scored a $12 billion gain on American Express and Bank of America this year

The billionaire investor's company has made about $4 billion on American Express and $8 billion on Bank of America in under five months. Warren Buffett. AP Images Warren Buffett has racked up a $12 billion gain on two stocks .....»»

Category: worldSource: nytApr 20th, 2021

These CEOs Made Only $1 Last Year

Two public company CEOs took only about a $1 in total composition last year, according to company proxies......»»

Category: blogSource: 247wallstApr 20th, 2021

McDonald’s CEO Made 1,100 Times What His Workers Did

Last year, the CEO of McDonald’s made almost 1,200 times the median compensation of the company's workers, according to a new analysis......»»

Category: blogSource: 247wallstApr 9th, 2021

Warren Buffett"s Berkshire Hathaway scores $17 billion gain across 5 stocks as value stages a comeback

The famed investor's company has made a remarkable $9 billion on its Bank of America stake since January. Warren Buffett. REUTERS Warren Buffett has racked up $17 billion in gains across just five stocks this year.Berkshire Hathaway.....»»

Category: topSource: businessinsiderMar 19th, 2021

3 of Snap"s top leaders have made multimillion-dollar home purchases in the last year amid a major comeback for the company

These three major home purchases follow a breakout year for Snap in which shares of the company's stock have risen roughly 34%. Snap CEO Evan Spiegel. Getty Three Snap execs have made multimillion-dollar home purchases in the.....»»

Category: personnelSource: nytMar 17th, 2021

Despite $77M Q4 loss, St. Louis footwear firm Caleres sees signs of market stability

The company said it continues to be beset by pandemic-related issues, as well as supply chain disruptions, but touted a steep decline in cost savings and an expanded focus on ecommerce as signs of progress......»»

Category: topSource: bizjournalsMar 17th, 2021

The New York Post: Warren Buffett admits ‘mistake’ cost Berkshire Hathaway $11 billion

Berkshire Hathaway earned $42.5 billion in 2020, but on Saturday, CEO Warren Buffett admitted the conglomerate’s results for the year included a rare “mistake” — that cost the company $11 billion......»»

Category: topSource: marketwatchFeb 27th, 2021

Tesla"s bitcoin investment reportedly made more profit this year than car sales in the whole of 2020

EV-company Tesla's .....»»

Category: smallbizSource: nytFeb 20th, 2021

FuelCell Repays $6.57M PPP Note

Clean energy manufacturing company FuelCell Energy Inc (NASDAQ: FCEL) has repaid the entirety of a $6.57-million Paycheck Protection Program (PPP) CARES Act claim made last year. read more.....»»

Category: blogSource: benzingaFeb 12th, 2021

JetBlue founder David Neeleman"s new airline is almost ready for takeoff with the addition of new aircraft - here"s what we know about Breeze Airways

Neeleman has described Breeze as a "high-tech company that just happens to fly airplanes," with a big focus on cost-saving tech to keep fares low. .....»»

Category: dealsSource: nytFeb 3rd, 2021