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Online shopping surge delivers record revenue for UPS
United Parcel Service revenue rose 21% to $24.9 billion in the three months ending Dec. 31, a record for the company.United Parcel Service revenue rose 21% to $24.9 billion in the three months ending Dec. 31, a record for the company......»»
Pinterest shares soar 25 percent in market debut
Shares of online scrapbook company Pinterest Inc surged 25 percent in their debut on Thursday, giving it a market capitalization of $15.8 billion and signalling increased investor appetite for new tech listings......»»
Pinterest"s shares soar 25 percent in market debut
Shares of online scrapbook company Pinterest Inc surged 25 percent in their debut, giving it a market capitalization of $15.8 billion and signaling increased investor appetite for new tech listings, ahead of the much-awaited debut of Uber Technologies......»»
17 people who became billionaires with the least amount of work
Paul Marotta/Getty Images Most billionaires needed a lifetime of work to amass their fortunes, but others were able to earn $1 billion in a relatively short amount of time. The list includes online commerce pioneers lik.....»»
GlobalWafers posts record revenues, profits for 1Q18
Silicon wafer company GlobalWafers has reported net profits of NT$2.78 billion (US$93.2 million) on revenues of NT$13.91 billion for the first quarter of 2018, with both results hitting record-high levels......»»
Ant Financial"s record $14 bln single fundraising
Ant Financial Services Group, operator of China's biggest online payment platform, says it has raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company. Ciara Lee reports......»»
Walsin, Holy Stone profits soar in May
Walsin Technology has reported net profits climbed to a record high of NT$1.46 billion (US$47.7 million) in May, while fellow MLCC firm Holy Stone Enterprise saw its net profits hike over 500% from a year earlier to NT$342 million......»»
Walsin posts record 3Q18 profit
Passive component company Walsin Technology has reported net profits of NT$9.16 billion (US$297.6 million) for the third quarter of 2018, up 109% sequentially and hitting a record high......»»
Earnings Results: Facebook beats prior profit record by $1 billion, stock surges 8% after earnings
Facebook Inc. reported record profits late Wednesday as the company beat Wall Street expectations for earnings and revenue......»»
Stifel adds nearly 60 advisers with plans for more as it eyes $3.3 billion in revenue
Stifel Financial Corp. boosted its financial advisers to a total of 2,301 at the end of 2018, up 57 from 2,244 a year earlier, and plans to add more in 2019, in what the company projects will be another year of record revenue. “We expect a strong.....»»
Amazon paid no federal taxes for the second year in a row
The world’s largest online retailer, which is worth $795 billion, earned a record $11.2 billion in U.S. profits......»»
Carvana execs tally big raises as company more doubles revenue
The online car seller didn't quite hit analysts expectations and still had a sizeable loss, but the results were enough to garner big raises for the company's three top executives......»»
Elon Musk"s AI Startup xAI Reportedly Seeks $4B To Challenge ChatGPT-Parent OpenAI — Valuation Could Hit $18B
Elon Musk's AI startup, xAI Corp., is in discussions to raise up to $4 billion in funding, potentially valuing the company at $18 billion, leveraging Musk's track record and high-quality data from his social network, X, to train AI models. read more.....»»
Pieris stock rockets on record volume after Genentech collaboration valued at up to $1.4 billion
Shares of Pieris Pharmaceuticals Inc. rocketed 57.3% on massive volume in afternoon trading Tuesday, after the Boston-based biotechnology company announced a respiratory and ophthalmology collaboration with Roche Holding AG's .....»»
Ace Hardware Reports Record First Quarter 2021 Results
OAK BROOK, Ill., May 19, 2021 /PRNewswire/ -- Ace Hardware Corporation ("Ace" or the "Company") today reported record first quarter 2021 revenues of $2.0 billion, an increase of $601......»»
Gigabyte posts record 1Q21 profit
Motherboard and graphics card maker Gigabyte Technology saw its net profits hike 150% sequentially to a record high of NT$2.76 billion (US$98.1 million) in the first quarter of 2021, with EPS reaching NT$4.34......»»
BM Technologies Reports Record Q1 2021 Results; Q1 2021 EBITDA of $8.7M, a 10X Increase YOY; Ending Serviced Deposits Exceed $1.5 billion, a 155% Increase YOY
RADNOR, Pa., May 17, 2021 (GLOBE NEWSWIRE) -- BM Technologies Inc. (NYSE:BMTX) ("BM Technologies," "BMTX," "we," or the "Company") one of the largest digital banking platforms in the country, today reported record result.....»»
General Mills buying Tyson Foods pet treats business for $1.2 billion
Pet foods, already a big seller for General Mills Inc., is about to get bigger: The company plans to buy the pet-treats business of Tyson Foods Inc. for $1.2 billion. The Golden Valley-based company said in a statement that the purchase includes a.....»»
Graphic Packaging stock surges toward a record after $1.45 billion deal to buy AR Packaging
Shares of Graphic Packaging Holding Co. surged 6.9% into record territory in premarket trading Friday, after the consumer packaging company announced an.....»»
Global-e to go public after IPO priced at top of range, valuing company at more than $3.5 billion
Global-e Online Ltd. is set to go public Wednesday, after the direct-to-consumer, cross-border ecommerce platform company's initial public offering priced at $25 a share, at the top of the expected range of be.....»»