Newsfeeds Archive - Page 8 of 150

1 minute read

Squarespace Seals $6.9B Privatization Deal With Permira, Major Investors Back Transformative Deal

May 13, 9:21 AM

Squarespace agrees to go private with Permira in a $6.9B all-cash transaction, with stockholders receiving $44.00 per share. CEO will remain in charge.

SQSP

2 minute read

Asia Mixed, Europe Markets Slide, Gold Dips 1.1% – Global Markets Today While US Slept

By Akanksha Bakshi

May 13, 7:23 AM

US stocks end mixed, Dow up 0.32%, S&P 500 up 0.16%, Nasdaq down 0.03%. Asian markets mostly down, European markets slightly lower. Oil and gold prices fluctuate. US futures up.

ADIV

2 minute read

Calumet’s Mixed Bag Q1: From Loss To Grit, CEO Maps Strategic Spring Surge

By Akanksha Bakshi

May 10, 9:31 AM

CLMT reports Q1 fiscal 2024 sales decline of 3%, beating consensus. Net loss per unit $(0.51) down from $0.23 YoY. Gross profit down 18.7% YoY.

CLMT

2 minute read

Asia And Europe Markets Advance; Gold Inches Toward $2,400 Again – Global Markets Today While US Slept

By Akanksha Bakshi

May 10, 6:29 AM

On Thursday, May 9, U.S. stock markets closed higher. The Dow Jones Industrial Average rose for the seventh…

ADIV

1 minute read

Papa John’s Q1 Sales Slump But Beats On Bottom Line With Strategic Cost Management

By Akanksha Bakshi

May 9, 1:05 PM

Papa John's reported a 2.5% decline in Q1 sales, with adjusted earnings per share of 67 cents. North America and International sales were down, but operating income increased on cost discipline. Company remains focused on global growth initiatives.

PZZA

2 minute read

BigCommerce Posts Impressive Q1 Results, CEO Anticipates ‘Additional Growth Momentum’

By Akanksha Bakshi

May 9, 11:57 AM

BigCommerce CEO Brent Bellm says anticipates "additional growth momentum" from new Catalyst storefront technology and 100-pkus new products.

BIGC

2 minute read

Plug Power Faces Stiff Headwinds In Q1, Optimistic About Future Margins

By Akanksha Bakshi

May 9, 10:12 AM

PLUG reported 42.8% decline in Q1 revenue, lower net loss & gross loss. Expects 1/3 of total revenue in H1. Raised prices for positive margins.

PLUG

1 minute read

One More Day, One More Boeing Incident – Senegal Crash Adds to Troubles

By Akanksha Bakshi

May 9, 9:15 AM

Boeing Co (NYSE: BA) faces challenges after a 737-300 crash in Senegal, with 11 injuries and airport shutdown. Ongoing investigations and whistleblower complaints add to safety concerns.