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Utility reaches $2B settlement over failed nuclear plants
Troubled utility SCANA has reached a $2 billion settlement with the South Carolina customers who sued after they were charged high rates to pay for the company's failed nuclear construction project. .....»»
Utility reaches $2 billion settlement over failed nuclear plants
Troubled utility SCANA reached a $2 billion settlement with South Carolina customers who sued after they were charged high rates to pay for the company’s failed nuclear construction project.....»»
Judge gives initial OK to Scana settlement over nuclear project, The State says
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.....»»
Boeing posts a $355 million loss as the plane maker tries to dig out from under its latest crisis
Boeing said Wednesday that it lost $355 million on falling rev.....»»
Earnings Results: Lordstown Motors posts wider Q1 loss, seeks ‘additional capital’ to keep going
Lordstown Motors Corp. shares dropped more than 5% in after-hours trading Monday after the electric-vehicle startup reported a wider quarterly loss and said it is seeking "additional capital" to fund itself......»»
Futures Movers: Oil rises, but on track for weekly loss on developments in Iran nuclear talks
Oil futures climb Friday, poised to recoup losses from a day earlier, but remain are on track for a weekly loss, with pressure tied in part to signs of progress toward a restoration of the Iran nuclear deal that would lift sanctions against Tehran......»»
Futures Movers: Oil rises, on track for weekly loss as Iran nuclear talks make progress
Oil futures bounce Friday, but are on track for a weekly loss, with pressure tied in part to signs of progress toward a restoration of the Iran nuclear deal that would lift sanctions against Tehran......»»
Market Snapshot: Oil rises, on track for weekly loss as Iran nuclear talks make progress
Oil futures bounce Friday, but are on track for a weekly loss, with pressure tied in part to signs of progress toward a restoration of the Iran nuclear deal that would lift sanctions against Tehran......»»
Oil futures settle lower on potential progress in Iran nuclear talks
Oil futures settled with a loss on Tuesday after a tweet from BBC Persia implied that progress had been made in the I.....»»
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......»»
Battery startup QuantumScape posts wider Q1 loss
QuantumScape Corp. shares fell 4% in the extended session Tuesday after the battery-maker startup reported a wider-than-expecte.....»»
RealReal posts another quarterly loss, but sales rise
Shares of RealReal Inc. weaved between gains and losses in the extended session Monday after the e-commerce retailer of secondhand luxury goods reported a narrower first-quar.....»»
Earnings Results: Peloton posts loss, stock falls in late trading
Peloton Interactive Inc. sales more than doubled in the first three months of the year, but the company reported a surprising loss for the period Thursday amid difficulties with delivering products during a pandemic surge in demand......»»
SeaWorld posts narrower-than-expected Q1 loss as revenue tops estimates
SeaWorld Entertainment Inc. said Thursday it had net loss of $44.9 million, or 57 cents a share, in the first quarter, narrower than the loss.....»»
Boeing posts loss, takes a hit on Air Force One work, but sees hope for new jet orders
Chicago-based Boeing reported a wider than expected first-quarter loss, took another charge on building two new Air Force One presidential planes and did not provide a timetabl.....»»
GE posts lower sales, loss on restructuring moves
General Electric’s revenue fell 12% to $17.1 billion, reflecting a 28% decline in its aviation unit and a 9% drop in its healthcare unit after selling off part of the business......»»
Credit Suisse posts Q1 loss of $275 million after Archegos blowup and says it expects more pain from the fund"s implosion
The Swiss lender expects to incur related-losses of another $654 million in the second-quarter this year.....»»
American Airlines posts $1.25B loss, delays new jets
American Airlines said Thursday that it lost $1.25 billion in the first quarter and continued to slash costs, including delaying delivery of new jets as it waits for air travel to recover from the pandemic......»»
American Airlines sees signs of hope as it posts $1.25 billion loss, delays new Boeing jets
American Airlines said Thursday that it lost $1.25 billion in the first quarter and continued to slash costs, including delaying delivery of new jets as it .....»»