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Earnings Results: Cisco stock drops as higher costs amid chip shortage ding earnings outlook
Cisco Systems Inc. shares dropped in the extended session Wednesday as the company's earnings outlook fell short of Wall Street expectations because of higher costs from suppliers amid a global semiconductor shortage......»»
Molson Coors exec Kim Marotta leaving company for Beam Suntory
Kim Marotta, who has been with Molson Coors Beverage Co. since 2004, will soon leave her position as global senior director of sustainability and enterprise risk management, to join Chicago-based Beam Suntory and lead the company's sustainability efforts......»»
Homebuilders are failing to meet the challenge of America"s historic housing shortage
Huge demand and years of underbuilding dragged supply to record lows. Mille.....»»
Trez Capital Senior Mortgage Investment Corporation Announces 2021 Quarter One Results
TORONTO, May 17, 2021 /CNW/ - Trez Capital Senior Mortgage Investment Corporation (TSX:TZS) (the "Company") today released its financial results for the quarter ended March 31, 2021. The financial statements and MD&A can b.....»»
Southwest Airlines executive provides updates on major technology upgrade
"When COVID hit, we had to pivot immediately. We had to start working remotely, and we just weren't prepared as a company to work remotely," said Kathleen Merrill, senior vice president and chief information officer of the Dallas airline......»»
: Chip maker Alphawave tumbles on London debut after raising $1.2 billion in IPO
Shares in Canadian chip maker Alphawave fell as much as 20% on the company's trading debut in London, despite its IPO being viewed as well-timed amid the global semiconductor shortage......»»
Cannabis Watch: Cannabis company executives saw double-digit salary gains in first quarter amid shortage of experienced workers
Experienced managers and C-suite executives in the cannabis business enjoyed double-digit salary increases in 2021 compared with 2020, according to a new report......»»
Cybersecurity firm ExtraHop names former FBI agent to senior role
ExtraHop isn't the only tech company in the Seattle area looking to former defense personnel for key roles......»»
Earnings Results: Monster Beverages reports Q1 miss, warns of aluminum-can shortage
Monster Beverage stock falls more than 6% late Thursday after the company missed first-quarter expectations and says there's an aluminum-can shortage in North America and Europe......»»
"No End In Sight": Stellantis Is Latest Auto Company To Report Lost Production Due To Semi Shortage
"No End In Sight": Stellantis Is Latest Auto Company To Report Lost Production Due To Semi Shortage .....»»
Chip shortage delays KC Ford plant"s reopening again
Ford Moto Co.’s Kansas City assembly plant will not reopen on May 17 as expected. The company announced Wednesday that the plant will remain shuttered for the weeks of May 17 and May 24. In addition, the plant’s transit line will operate on one s.....»»
Tight supply of VA compensation films undercuts polarizer output
Polarizer maker Cheng Mei Materials Technology (CMMT) can only operate at 80-85% of its capacity at present due to a shortage of VA (vertically aligned) compensation films, according to company sources......»»
SpaceX told to suspend work on NASA"s moon-lander project until a challenge by Jeff Bezos" rival space company is resolved
Blue Origin and Dynetics filed a complaint with the Government Accountability Office protesting NASA's "unfair" decision to award the moon-lander contract.....»»
Lush store shelves are bare as beauty company says its experiencing major supply chain woes
Lush has said that it is dealing with a raw materials shortage, but promised eager customers that its products will be restocked shor.....»»
KFC"s new chicken sandwich is a huge success: It"s selling twice as fast as the brand"s other sandwiches did at launch
KFC's new chicken sandwich is booming. "Our main challenge has been keeping up with that demand," David Gibbs, CEO of KFC's parent company, said. KFC's chicken sandwich. KFC KFC's chicke.....»»
Merrill Gardens launches "middle-market" senior living brand
The Seattle-based senior living company is converting 23 properties to its Truewood by Merrill brand, which caters to seniors with annual incomes of $40,000 to $50,000. Its first one is in Seattle......»»
Quanta new capacity in Taiwan to start production in 2Q21
Quanta Computer's newly expanded server capacity in Taiwan will begin volume production in the second quarter and raise the ODM's overall server output from Taiwan by 20%, according to Mike Yang, senior vice president and general manager of the company......»»
40 Under 40 2021: Jason Caldwell
In addition to teaching management courses at N.C. A&T, Caldwell advises the university's Center of Excellence in Entrepreneurship and Innovation and is the senior consultant and CEO of his company, Ubuntu Consulting......»»
Cox Communications Southwest GM announces retirement
John Wolfe, the senior vice president and general manager of Cox Communications' Southwest Region, is retiring this summer after 30 years with the company......»»
TSMC says chip shortage could extend until 2022, Nikkei reports
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.....»»