Office Depot Teams With Uber For Office & School Supplies Delivery
ODP Corp (NASDAQ:ODP) subsidiary Office Depot has partnered with Uber Technologies Inc (NYSE:UBER) to bring business, office, and school essentials to customers nationwide. …
Grocery Outlet, DoorDash Join Forces For Grocery Delivery
Grocery Outlet Holding Corp (NASDAQ:GO) has entered into a partnership with DoorDash Inc (NYSE:DASH) to offer on-demand grocery delivery. The collaboration will enable on-demand…
Air-Dried Beef Company To Restructure After “Record High Revenues,” Will Raise $20M In New Financing As Shares Dive 16%
Stryve Foods Inc (NASDAQ:SNAX) reported second-quarter FY22 sales growth of 49% year-on-year to $10.95 million, missing the consensus of $13.45 million.…
Darling Ingredients Raises $250M Via Add-On Debt Offering
Darling Ingredients Inc (NYSE:DAR) has launched an add-on offering of $250 million in aggregate principal amount of unsecured senior notes. The…
Local Bounti Q2 Top-Line Beats Street View
Local Bounti Corp (NYSE:LOCL) reported second-quarter FY22 sales of $6.27 million, beating the consensus of $5.25 million. The company reported $0.108…
SAS Secures $700M In Debtor-In-Possession Financing
SAS AB (OTC:SASDY) has entered into a debtor-in-possession (DIP) financing credit agreement for $700 million with Apollo Global Management, Inc. (NYSE:APO). DIP financing…
Niu Technologies Reports Q2 Revenue Above Street Estimates
Niu Technologies (NASDAQ:NIU) reported a second-quarter FY22 sales decline of 12.4% year-on-year, to RMB 827.6 million ($123.6 million), beating the consensus…
Morgan Stanley Cuts Norwegian Cruise Line Price Target On Weak Q2 Earnings
Morgan Stanley analyst Thomas Allen reiterated an equal-weight rating on Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) and lowered the price target to $13 from $14.
Best Buy Co To Slash Store Jobs To Cut Costs: WSJ
Best Buy Co Inc (NYSE:BBY) is slashing store jobs to lower costs as the spending habits of customers change, the…
Mannatech Shares Drop On 17% Q2 Revenue Decline
Mannatech Inc (NASDAQ: MTEX) reported a second-quarter FY22 sales decline of 17.7% year-on-year, to $35 million, compared to $42.5 million. The gross…