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Duke Energy to sell minority stake in Indiana utility to foreign investor for $2B

The deal will eliminate the need for $1 billion in equity sales Duke had planned in $500 million installments this year and in 2021. It will also provide capital that allows it to increase its five-year capital investment plan to as much as $60 billion......»»

Category: topSource: bizjournalsJan 28th, 2021

Top Democrats introduce a bill to raise the minimum wage to $15 by 2025, raising pay for 32 million Americans

Top Democrats introduced the Raise the Wage Act of 2021 on Tuesday, which would gradually raise the federal minimum wage to $15 an hour by 2025. A group of BLM demonstrators protest th.....»»

Category: topSource: businessinsiderJan 26th, 2021

: Amazon Prime member total reaches 142 million in U.S. with more shoppers opting in for a full year, data shows

Global e-commerce sales were $4.28 trillion in 2020 with a 14.3% increase expected in 2021, according to eMarketer......»»

Category: topSource: marketwatchJan 19th, 2021

The week in bankruptcies: Evergreen Mortgage Notes LLC, River Bend Management Group of Florida LLC and 1 more

Orlando area bankruptcy courts recorded three business filings — including one with total debt above $1 million — during the week that ended Jan. 8, 2021. Year to date through Jan. 8, 2021, the court recorded 0 Chapter 7 or Chapter 11 busines.....»»

Category: topSource: bizjournalsJan 14th, 2021

Five Below says holiday sales jumped 21%

Five Below Inc. said sales for the nine-week holiday period between Nov. 3, 2020 and Jan. 4, 2021 rose by 21.1% to $722.3 million, with comparable sales rising 10.1%. For the fourth-quarter, Five Below is guiding for sales of $835 million to $840 mill.....»»

Category: topSource: marketwatchJan 12th, 2021

Oatly, the popular alternative milk company backed by Oprah, could go public this year amid red-hot IPO market

Oatly recorded $200 million in sales in 2019, and expected to double that figure to $400 million in 2020 and become profitable by 2021, a report said. Hollis Johnson/INSIDER Oatly, the popular alternative milk company that's backed by Opra.....»»

Category: personnelSource: nytJan 6th, 2021

Xometry uses AI and algorithms to match manufacturers with hard-to-find parts

The Maryland-based company is closing in on $150 million in sales and planning to go public in 2021......»»

Category: topSource: washpostDec 24th, 2020

Xometry uses AI and algorithms to match manufacturers with hard-to-find parts

The Maryland-based company is closing in on $150 million in sales and planning to go public in 2021......»»

Category: topSource: washpostDec 24th, 2020

Extell sells Upper East Side retail condo for $29M

The Tri-State Investment Sales Group for Avison Young has arranged the $28.712 million sale of a retail condominium unit located at 1683 Third Avenue on behalf of the property’s ownership â€.....»»

Category: realestateSource: realestateweeklyApr 29th, 2020

Volkswagen China boss sees sales in China on recovery course

Volkswagen Group said sales of its cars dropped by 23% on the year to 2 million cars in the January to March period but was hopeful on Friday that the Chinese market would recover soon as it moves out of the coronavirus crisis......»»

Category: topSource: reutersApr 17th, 2020

Volkswagen sales down 23% in Jan-March, March alone off 37.6%

Volkswagen Group on Friday said sales of its cars dropped by 23% on the year to 2 million cars in the January to March period......»»

Category: topSource: reutersApr 17th, 2020

Triad apartments sell for $18.25 million

A Triad apartment community sold for $18.25 million -- more than double the sales price less than six years ago -- in a transaction that was recorded Friday. An LLC managed by Strata Equity Group of San Diego purchased the Fox Hollow apartment commun.....»»

Category: topSource: bizjournalsMar 2nd, 2020

Revolve shares sink 17% after inventory troubles pressure sales

Revolve Group Inc. shares sank 17.7% in Wednesday premarket trading after the e-commerce apparel business reported a sales miss and gave weak guidance. Net income totaled $8.4 million, or 12 cents per share, up from $7.7.....»»

Category: topSource: marketwatchFeb 26th, 2020

Wayside Technology Group Reports Fourth Quarter and Record Full Year 2019 Results

- Record Annual Net Sales of $208.8 Million and Net Income of $6.8 Million - - Annual Adjusted EBITDA (a non-GAAP financial measure defined below) of $10.5 Million and Ret.....»»

Category: earningsSource: benzingaFeb 19th, 2020

Opus Group: Year-end Report 2019

STOCKHOLM, Feb. 18, 2020 /PRNewswire/ -- Report period October - December, 2019 Net sales in the quarter amounted to SEK 651 million (657), a 0.8% lower turnover compared with Q4 2018. In constant currencies and adjusted for acquisitions, the o.....»»

Category: earningsSource: benzingaFeb 18th, 2020

AAK"s Interim Report for the Fourth Quarter and Year-end Report 2019 - Continued Profit Growth and New Strategic Direction

KARLSHAMN, Sweden, Jan. 30, 2020 /PRNewswire/ -- AAK Group, fourth quarter Total volumes for the quarter amounted to 582,000 MT (574,000), organic growth of 1 percent (4). Sales amounted to SEK 7,380 million (6,.....»»

Category: earningsSource: benzingaJan 30th, 2020

PSA Group 2019 sales slump 10% after record 2018

French carmaker PSA Group said on Thursday global sales fell 10% last year to 3.49 million units, compared with a record 3.88 million in 2018, as it suffered from declining volumes in China, the Middle East and Africa......»»

Category: topSource: reutersJan 16th, 2020

PSA Group 2019 sales slump 10% after record 2018

After a record 2018, French carmaker PSA says global sales fell 10% last year to 3.49 million units, as it suffered declining volumes in China, the Middle East and Africa. Ciara Lee reports......»»

Category: videoSource: reutersJan 16th, 2020

Hyundai, Kia invest $110 million in UK electric van startup Arrival Ltd

Korea's Hyundai Group is backing a UK electric vehicle startup that plans to begin selling battery-powered delivery vans in 2021, the companies said on Thursday......»»

Category: topSource: reutersJan 16th, 2020

Yearly global PC sales increase for the first time since 2011: IDC

Annual global PC sales rose for the first time in eight years, according to data released by International Data Group late Monday. Global PC shipments rose 2.7% year-over-year to 266.7 million units, t.....»»

Category: topSource: marketwatchJan 13th, 2020