Newsfeeds Archive - Page 20 of 246

2 minute read

HSBC Sees Blue Skies For Airline Industry, Forecasts Strong Recovery And Consolidation

May 13, 2:30 PM

HSBC analyst initiates coverage on airline stocks due to bullish stance on industry. Recovery in corporate travel, strong demand, and consolidation expected.

AAL

1 minute read

Tesla’s Fire & Hire: Musk Brings Back Some Laid-Off Supercharger Team Employees

By Lekha Gupta

May 13, 1:08 PM

Elon Musk re-hires some of the 500 laid-off members of Tesla's Supercharging team. The company plans to invest over $500 million to expand the network.

TSLA

1 minute read

Salesforce Takes the Wheel On Growth, Selects NTT DATA To Drive Application Efficiency

By Lekha Gupta

May 13, 11:56 AM

Salesforce selects NTT DATA to streamline its application environment, with support from over 40 years of managed services and global expertise.

CRM

2 minute read

Why Is Health Care Company Fortrea Stock Diving Today?

By Lekha Gupta

May 13, 11:21 AM

Fortrea reported weak Q1 FY24 results and lowered its revenue outlook. Backlog at $7.4B, adjusted EBITDA declined, and EPS missed.

FTRE

1 minute read

Wells Fargo Unveils New Business Credit Card With Cash Rewards: Details

By Lekha Gupta

May 13, 10:45 AM

Wells Fargo's Signify Business Cash Mastercard offers unlimited 2% cash rewards with no caps or fees, aiming to simplify cash flow for business owners.

FTXO

1 minute read

What’s Going On With Banking Giant UBS Stock Today?

By Lekha Gupta

May 13, 10:05 AM

Swiss bank UBS makes $5B AT1 bonds available for equity conversion It recently reported strong Q1 sales and plans to close merger with Credit Suisse AG on May 31.

UBS

1 minute read

Sempra Rethinks Bechtel For Cameron LNG Expansion As Costs Surge: Report

By Lekha Gupta

May 13, 8:28 AM

Sempra revisits Bechtel for Cameron LNG project due to rising costs. Other U.S. LNG projects also affected.

SRE

2 minute read

Equities

Patterson-UTI Drills Into Middle East With ADNOC Partnership

By Lekha Gupta

May 13, 7:36 AM

Patterson-UTI subsidiary inks term sheet with ADNOC Drilling for minority equity interest in newly formed Turnwell Industries.

OIH

1 minute read

Eni Monetizes Oil Past to Finance Clean Energy Future: Report

By Lekha Gupta

May 13, 6:53 AM

Italian oil company Eni plans to spin-off interests in oil and gas projects to focus on low-carbon activities. It also aims to raise funds through deals and divestitures.

AADR

6 minute read

What’s New In Consumer Tech World Last Week? News That You Should Know (May 5-May 11, 2024)

By Lekha Gupta

May 12, 4:24 PM

Apple may revive EV plans with Rivian partnership, Biden announces $3.3B tech investment in Wisconsin, Chinese state behind UK military data breach, Microsoft under scrutiny for cloud practices, Baidu PR chief resigns over work culture, Meta vs. Google work-life balance comparison.

AAPL