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Hertz prepares to file bankruptcy if Monday deadline is missed

Hertz Global Holdings Inc. is preparing to file for bankruptcy as soon as Monday night if the company fails to rework its debt and can’t get lenders to extend a grace period on a missed payment......»»

Category: topSource: moneycentralMay 5th, 2020

New England pizza, sandwich chain closes dozens of locations

The company that owns the Papa Gino's pizza parlor and D'Angelo sandwich shop chains has confirmed it has closed about 95 locations throughout New England, filed for Chapter 11 bankruptcy protection and reached an agreement to sell the business......»»

Category: topSource: foxnewsNov 5th, 2018

Jack Daniels Parent Company, EA, Cognizant Among 6 Stocks That Shine When Nvidia Slips: Analysis

The analysis screened S&P 500 stocks that show an inverse correlation to Nvidia over a month and year period, following Nvidia's stock falling into correction territory for the second time this month. read more.....»»

Category: blogSource: benzinga5 hr. 8 min. ago

J.M. Smucker CEO talks about Kelce"s love for Uncrustables, integration of Hostess Brands

Mark Smucker recently discussed Travis Kelce's effect on the Uncrustables brand as well as how the success of the company's acquisition of Hostess Brands is still in a wait-and-see period......»»

Category: topSource: bizjournalsApr 16th, 2024

"The Street Wants and Needs Answers" From Elon Musk On Tesla Layoffs — Dan Ives Demands "Rationale For The Cost Cutting"

Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Tesla"s Q1 US Sales Mainly Held Back By Very Model That Saved It From Bankruptcy Years Ago

As per the research company, Tesla sold 140,187 electric vehicles in the U.S. last quarter, marking a 13.3% drop from the 161,630 vehicles sold in the corresponding quarter of 2023. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

"Fortune 100 company" leases huge former Pier 1 warehouse in Dupont

The space became available after retailer Pier 1 Imports sank into bankruptcy in 2020. It's since been upgraded and snatched up by a major company expanding into the region, a broker for CBRE says......»»

Category: topSource: bizjournalsMay 18th, 2021

Spectrum Global Solutions Reports Over $4 Million in Revenue For First Quarter 2021, Narrows Operating Loss for Period

BOCA RATON, Fla., May 17, 2021 (GLOBE NEWSWIRE) -- Spectrum Global Solutions, Inc. (the "Company") (OTCQB:SGSI) reported financial results for the three months ended March 31, and provides a Management Discussion and Analysis. Th.....»»

Category: earningsSource: benzingaMay 17th, 2021

Glacier Reports First Quarter 2021 Results

VANCOUVER, British Columbia, May 14, 2021 (GLOBE NEWSWIRE) -- Glacier Media Inc. (TSX:GVC) ("Glacier" or the "Company") reported revenue and earnings for the period ended March 3.....»»

Category: dealsSource: nytMay 16th, 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

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......»»

Category: topSource: marketwatchMay 13th, 2021

Two Colorado oil companies merging to create major new Denver-Julesburg Basin player

The deal combines one public company that just acquired a competitor with another that just exited bankruptcy......»»

Category: topSource: bizjournalsMay 10th, 2021

Orbcomm announces expiration of "go-shop" period under terms of merger

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.....»»

Category: blogSource: theflyonthewallMay 10th, 2021

So What"s Up With GoPro Stock Today?

GoPro Inc (NASDAQ: GPRO) shares are trading higher by 9.8% at $11.46 in Friday's pre-market session after the company reported first-quarter EPS of 3 cents, up from a loss of 34 cents per share from the same period last year. read more.....»»

Category: blogSource: benzingaMay 7th, 2021

Earnings Results: Roku stock surges after earnings, outlook top expectations

Shares of Roku Inc. jumped 9% in after-hours trading Thursday after the streaming company delivered better-than-expected results for its first quarter and issued an upbeat outlook for the current period......»»

Category: topSource: marketwatchMay 6th, 2021

Earnings Results: Roku stock gains after earnings, outlook top expectations

Shares of Roku Inc. were up 5% in after-hours trading Thursday after the streaming company delivered better-than-expected results for its first quarter and issued an upbeat outlook for the current period......»»

Category: topSource: marketwatchMay 6th, 2021

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......»»

Category: topSource: marketwatchMay 6th, 2021

Exelon loses nearly $300M in first quarter, blames Texas storms

Exelon Corp. reported a first-quarter loss of $289 million, after reporting a profit in the same period a year earlier. The company blamed the results o.....»»

Category: topSource: chicagotribuneMay 5th, 2021

Hertz stock tumbles after revised bankruptcy exit proposal

Shares of Hertz Global Holdings Inc. tumbled 9.9% in premarket trading, after the bankrupt car rental company said it received a revised proposal for its Chapter 11 exit from affiliates of Knighthead Capital Management LLC, Ce.....»»

Category: topSource: marketwatchMay 4th, 2021

Inspired by motorcycles, Fabbro Industries develops next-generation bike frame

Terence Musto sees his as R&D company for anything on two wheels: "My personal ultimate goal is you could walk into a bicycle shop or motorcycle dealership and buy a product from that company, and have five products that we developed and sold to them.".....»»

Category: topSource: bizjournalsApr 30th, 2021