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Earnings Scheduled For February 24, 2021
Companies Reporting Before The Bell • Pinnacle West Capital (NYSE:PNW) is expected to report quarterly earnings at $0.04 per share on revenue of $715.74 million. read more.....»»
Wells Fargo to sell asset management unit to private-equity firms GTCR and Reverence Capital for $2.1 billion
Wells Fargo & Co. said Tuesday it has agreed to sell Wells Fargo Asset Management to private-equity firms GTCR LLC and Reverence Capital Partners LP for $2.1 billion. The deal is expected to close in the secon.....»»
Churchill Capital Corp. VI upsizes IPO to 48 million units
Churchill Capital Corp. VI said Friday it upsized its initial public offering to 48 million units from an earlier plan to offer 46 million, with shares expected to start trading Friday on the New .....»»
Exxon Mobil"s full-year revenue fell 31.5%, capital expenditures ended 2020 even lower than expected
The company also nominated a new director and appointed a new vice president and controller......»»
eHealth cut to Sector Perform at RBC Capital after Q4 guidance miss
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.....»»
Kinder Morgan spent even less than expected in 2020, completed Permian Highway Pipeline
The company's capital expenditure was $700 million lower than initial plans for 2020 and $20 million lower than its expectations after the third quarter. Nevertheless, a major project was completed......»»
Unemployment During the Pandemic Expected to Cause 900,000 US Deaths, New Economic Study Finds
The toll of the coronavirus has been severe. But a new study has found that the collective response to the virus may ultimately claim more lives than the virus itself. Q4 2020 hedge fund letters, conferences and more U.....»»
Tesla is no longer “a growth story”—it’s a nearly-profitless stock promotion for idiots!, Says Shortseller
Stanphyl Capital’s letter to investors for the month ended December 2020, discussing that Tesla‘s expected 180,000 delivery figure for Q4 2020 is not production constrained. Q3 2020 hedge fund letters, .....»»
Frenzy Of Initial Public Offerings To Continue In 2021
This year brought a wave of initial public offerings that attracted record amounts of capital, and next year is expected to bring more of the same. Veterans in the IPO business expected 2020 to be a disappointing year for.....»»
Austin-based Business Bank of Texas being bought by Lone Star Capital Bank
The deal, expected to close in the first half of 2.....»»
New college disclosures highlight troubles ahead, troubles behind for higher ed
Nine months of pandemic have proven to be a perfect storm for a sector already under severe financial strains due to years of big capital investments on campuses and a steadily shrinking population of college aged students......»»
KeyBanc Upgrades Welltower On Expected Recovery In Senior Housing
Welltower Inc (NYSE: WELL) is likely to be among the key beneficiaries of a potential rebound in senior housing, according to KeyBanc Capital Markets. Late.....»»
Sound Transit draws timeline for capital plan realignment process, reveals initial revenue decreases
Sound Transit is expected to lose $628.6 million through 2021, throwing off its plan to extend light rail, commuter rail and bus rapid transit......»»
SmileDirect stock falls after company posts wider Q1 loss, sales miss views
Shares of SmileDirectClub Inc. fell more than 6% in the extended session Wednesday after the teledentistry company reported a wider-than-expected quarterly loss and its sales missed views. SmileDirect said it lost $107 million, or 28 cents a share, i.....»»
Grubhub stock dips as earnings miss despite expected delivery uptick from pandemic
Grubhub Inc.shares ticked down 1.8% in the extended session after the company beat scaled-back estimates amid surging demand for delivery services in the U.S......»»
Square Reports Q1 Earnings Miss
Square (NYSE: SQ) shares are trading lower on Wednesday, after the company reported worse-than-expected first-quarter EPS results. read more.....»»
Laredo further reducing FY20 expected capital expenditures to $265M
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.....»»
Western Digital shares fall 9% after earnings miss
Western Digital Corp. shares fell 9.4% in the extended session Thursday after the tech company missed earnings expectations and issued lower-than-expected earnings guidance. The company reported fiscal third-quarter net income of $17 mil.....»»
Facebook earnings and user growth miss expectations, but stock still spikes
The social-networking giant, which gleans nearly all of its revenue through advertising, reported better-than-expected revenue but missed on earnings, sending its shares up 8% in after-hours trading......»»
Boeing"s stock surges after wider-than-expected loss and revenue miss, but free cash flow beat
Shares of Boeing Co. surged 5.0% in premarket trading Wednesday, after the aerospace and defense g.....»»