Newsfeeds Archive - Page 5 of 246

1 minute read

PAR Technology Sells Government Segment For $102M, Doubles Down on Restaurant Tech

June 11, 8:20 AM

PAR Technology announced sale of its Government segment, including subsidiaries PGSC and RRC, for $102 million, part of its strategy to sell non-core assets and reinvest for higher returns.

BAH

2 minute read

What’s Going On With Woodside Energy Shares Premarket Tuesday?

By Lekha Gupta

June 11, 6:45 AM

Woodside Energy achieved first oil from the Sangomar field offshore Senegal, a deepwater project with a standalone FPSO facility and 23 wells.

WDS

1 minute read

Stellantis’ Chrysler Recalls Certain Dodge & Ram Trucks Due To Software Glitch

By Lekha Gupta

June 10, 1:15 PM

Chrysler recalls over 211,000 vehicles in the US due to software issue that could disable electronic stability control.

STLA

1 minute read

Why Insurance Company ICC Holdings Shares Are Jumping Today

By Lekha Gupta

June 10, 11:52 AM

ICC Holdings, Inc. (NASDAQ: ICCH) shares jump on merger deal with Mutual Capital Group for $73.8M. Deal expected to close in Q4 2024, shareholders in favor.

ICCH

1 minute read

Solar Power Surge In the South: NextEra, Entergy Team Up for 4.5GW Of Renewable Energy

By Lekha Gupta

June 10, 11:45 AM

A five-year joint development deal was announced between NextEra Energy, Inc. subsidiary and Entergy Corporation to accelerate the development of new solar and energy storage projects.

ETR

1 minute read

What’s Going On With Oracle Stock Ahead Of Its Q4 Results?

By Lekha Gupta

June 10, 10:56 AM

Oracle Corporation's fourth quarter and fiscal year 2024 results will be released on Tuesday, June 11th, after the close of the market.

ORCL

2 minute read

What’s Going On With Costco Shares Today?

By Lekha Gupta

June 10, 10:28 AM

Costco recently reported strong sales growth in May, with comparable sales up and surpassing earnings estimates. Investors can access stock through XLP and FSTA ETFs.

COST

2 minute read

Perion Network Slashes Q2, FY24 Outlook Amid Microsoft Bing Ad Pricing Changes, Stock Tumbles

By Lekha Gupta

June 10, 8:39 AM

Perion Network lowers Q2 and FY24 financial guidance due to changes in Microsoft's Bing advertising pricing and decline in revenue from standard video and display formats.

MSFT

2 minute read

Cognizant Strengthens Engineering Muscle with $1.3B Belcan Buyout: Details

By Lekha Gupta

June 10, 8:24 AM

Cognizant Technology Solutions to acquire Belcan, LLC for $1.3B in cash and stock, expanding its ER&D capabilities and presence in aerospace/defense. Deal expected to close in Sept. 2024, with $800M annual revenue contribution and EPS accretion by 2026.

CTSH

2 minute read

BP Tightens Workplace Relationship Rules After CEO Firing: Report

By Lekha Gupta

June 10, 7:44 AM

BP updates policy, requires employees to disclose intimate relationships or face termination. CEO's dismissal for non-disclosure cited as reason.