Equities Archives - Page 197 of 1061

1 minute read

Transcat Views Becnel As A Great Addition To Its Rental Portfolio With Expected Margin Boost: Details

April 15, 12:03 PM

Explore Transcat Inc's latest acquisition of Becnel Rental Tools LLC, marking a strategic move in the oil and gas industry. With a $50 million investment, including $32.5 million in stock, Transcat expands its portfolio to include Becnel's ISO 9001:2015 certified rental tools and services.

TRNS

1 minute read

Equinix Forms Its Second Joint Venture With PGIM Real Estate – What’s On The Cards?

By Shivani Kumaresan

April 15, 11:35 AM

Discover the latest collaboration between Equinix and PGIM Real Estate, forming a $600 million joint venture to develop the first xScale data center in the U.S.

EQIX

2 minute read

EQT Inks Non-Operated Asset Deal With Equinor: Details

By Lekha Gupta

April 15, 11:18 AM

Equinor ASA and EQT Corporation shares are down after signing a $500 million asset sale agreement for non-operated natural gas assets in Northeast Pennsylvania.

EQNR

1 minute read

BP Trims Workforce In Its EV Charging Business: Report

By Lekha Gupta

April 15, 11:03 AM

BP Pulse, the electric vehicle charging business of BP, reportedly plans to cut over 10% of its workforce as it focuses on US, UK, Germany, and China markets.

2 minute read

Elon Musk’s Top Deputy Made ‘Difficult Decision To Move On From Tesla’ As EV Maker Said To Be Laying Off Over 14,000 Workers: ‘I Have No Concrete Plans’

By Rounak Jain

April 15, 10:50 AM

Tesla CEO Elon Musk has seen the departure of two of his top executives, including a senior VP after the electric car maker laid off over 10% of its global workforce.

TSLA

1 minute read

Brake Assist Concerns: NHTSA Reportedly Probes 3,322 GM Cadillac Lyriq EVs

By Shivani Kumaresan

April 15, 10:04 AM

The U.S. National Highway Traffic Safety Administration (NHTSA) has reportedly initiated a preliminary investigation into complaints concerning brake assist loss in 3,322 General Motors Cadillac Lyriq electric vehicles.

1 minute read

What’s Going On With Spirit Airlines Stock Today?

By Shivani Kumaresan

April 15, 9:47 AM

Spirit Airlines anticipates first-quarter FY24 revenue slightly below estimates at $1.265 billion. With capital expenditures of $30 million primarily for its new headquarters in Dania Beach, Florida, and spare parts, Spirit remains focused on strategic investments. Ending Q1 with $1.2 billion in cash reserves and a $300 million credit line.

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