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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.....»»

Category: blogSource: benzingaFeb 24th, 2021

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.....»»

Category: topSource: marketwatchFeb 23rd, 2021

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 .....»»

Category: topSource: marketwatchFeb 12th, 2021

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......»»

Category: topSource: bizjournalsFeb 2nd, 2021

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.....»»

Category: blogSource: theflyonthewallFeb 1st, 2021

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......»»

Category: topSource: bizjournalsJan 21st, 2021

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.....»»

Category: blogSource: valuewalkJan 19th, 2021

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, .....»»

Category: blogSource: valuewalkJan 1st, 2021

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.....»»

Category: blogSource: valuewalkDec 30th, 2020

Austin-based Business Bank of Texas being bought by Lone Star Capital Bank

The deal, expected to close in the first half of 2.....»»

Category: topSource: bizjournalsDec 29th, 2020

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......»»

Category: topSource: bizjournalsDec 21st, 2020

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.....»»

Category: blogSource: benzingaDec 14th, 2020

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......»»

Category: topSource: bizjournalsMay 14th, 2020

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.....»»

Category: topSource: marketwatchMay 13th, 2020

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......»»

Category: topSource: marketwatchMay 6th, 2020

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.....»»

Category: blogSource: benzingaMay 6th, 2020

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.....»»

Category: blogSource: theflyonthewallMay 6th, 2020

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.....»»

Category: topSource: marketwatchApr 30th, 2020

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......»»

Category: topSource: marketwatchApr 29th, 2020

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.....»»

Category: topSource: marketwatchApr 29th, 2020