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Cannabis Watch: Aurora stock plunges 9% as cannabis producer scales back expansion amid declining revenue

Aurora Cannabis Inc. reported a 19% sequential decline in revenue, reporting sales of C$75.3 million ($56.8 million) versus C$98.9 in the previous quarter, as the company slows its expansion plans in Canada and abroad......»»

Category: topSource: marketwatchNov 14th, 2019

Uber says it has aggressive global expansion plans in 2021

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: theflyonthewallFeb 10th, 2021

Uber, Lyft investors want to hear plans to get riders back in cars

As U.S. lockdowns and fears of the coronavirus pandemic stretch into a third month, who wants to take an Uber ride?.....»»

Category: topSource: reutersMay 5th, 2020

Freeport-McMoMoran scales back operating plans for 2020 after swinging to first-quarter loss

Freeport-McMoRan Inc. said Friday it is revising the operating plans for 2.....»»

Category: topSource: marketwatchApr 24th, 2020

SmileDirectClub plummets 24% after missing quarterly estimates and reining in expansion plans (SDC)

Reuters SmileDirectClub missed Wall Street's expectations for fourth-quarter losses and revenue on Tuesday, citing back-office expenses and ine.....»»

Category: topSource: businessinsiderFeb 26th, 2020

Good Eggs cooks up next stage of expansion with new Oakland warehouse

The grocery delivery service signed the lease with Prologis for the new ground-up development back in late 2018......»»

Category: topSource: bizjournalsFeb 12th, 2020

Baltimore Convention Center expansion plans scaled back amid financial hurdles

Plans for an upgrade to the Baltimore Convention Center are headed back to the drawing board after officials discovered an expansion would cost more than $1.5 billion to complete as envisioned. The eye-popping price tag was driven upward by the .....»»

Category: topSource: bizjournalsFeb 4th, 2020

Siberian taxi firm bringing fare-haggling to Moscow plans expansion

A Siberian ride-hailing firm that allows customers to haggle over their fares is investing to beef up its presence in Moscow, a market dominated by New York-listed internet giant Yandex and Uber , its founder said......»»

Category: topSource: reutersNov 15th, 2019

Will Uber’s Expansion Plans Bear Fruit?

Uber is scheduled to release its third-quarter financial results after the markets close on Monday, and analysts anticipate a net loss......»»

Category: blogSource: 247wallstNov 4th, 2019

Will Wendy’s Choke on Its New Breakfast Expansion?

Wendy’s is moving back into breakfast with its most recent business update. The burger chain announced that it plans to launch its breakfast menu, currently available in more than 300 restaurants,........»»

Category: blogSource: 247wallstSep 10th, 2019

Uber is opening massive new offices in Chicago and Dallas despite recent cost-cutting efforts (UBER)

Raymond Boyd/Getty Images Uber has plans for massive new offices in Chicago and Dallas, the company has confirmed in recent weeks.  The expansion could mean the ride-hailing giant's San Francisco headquarters is dwarfed by larger satellite offices......»»

Category: topSource: businessinsiderSep 9th, 2019

Uber targets expansion in fast-growing West African markets

Global ride-hailing firm Uber Technologies Inc is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company executive said on Thursday......»»

Category: topSource: reutersJun 27th, 2019

Navistar to Invest $125M for Alabama Operation Expansion

Navistar's (NAV) latest investment anticipated to create additional job opportunities as well as back the company's plans .....»»

Category: worldSource: nytJun 19th, 2019

The Wall Street Journal: Facebook has big companies backing its upcoming cryptocurrency

Facebook Inc. has signed up more than a dozen companies including Visa Inc., Mastercard Inc., PayPal Holdings Inc. and Uber Technologies Inc. to back the new cryptocurrency that the social-media giant plans to unveil next week......»»

Category: topSource: marketwatchJun 13th, 2019

New Jersey biotech firm scales back Lake Nona plans

The company reportedly considered other cities for a new facility, but the Orlando City Council approved a nearly $380,000 incentive deal Aug. 20 to attract it to Central Florida......»»

Category: topSource: bizjournalsJun 12th, 2019

The Wall Street Journal: Digital First scales back board demand in Gannett takeover bid

Digital First Media, the hedge fund-backed media company pushing Gannett Co. to sell itself, plans to cut the number of seats it is seeking on Gannett’s board in half, according to people familiar with the matter......»»

Category: topSource: marketwatchApr 25th, 2019

Tesla’s Growth Story Needs a New Charge

Plans to dial back Gigafactory expansion are hard to square with a sky-high stock valuation......»»

Category: topSource: washpostApr 11th, 2019

Stalled Aramco IPO sets back deal-making at U.S. subsidiary Motiva

Saudi Aramco's delayed initial public offering is sidelining grand North American expansion plans at its U.S. refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share......»»

Category: topSource: reutersMar 26th, 2019

Online grocer Good Eggs on track for massive Bay Area expansion with plans to hire 1,000

The online marketplace pulled back on ambitious expansion plans several years ago, but is now ready to expand again with plans to hire more than 1,000 Bay Area workers......»»

Category: topSource: bizjournalsApr 5th, 2018

Earnings Results: Uber posts 55% jump in first-quarter sales, plans to double down on growth

After releasing massive sales gains in its first-quarter results late Wednesday, Uber Technologies Inc. plans invest the better-than-expected gains back into the business and push even harder......»»

Category: topSource: marketwatchMay 23rd, 2018