Olin Corporation (NYSE:OLN) announced today it now expects third quarter 2022 adjusted EBITDA to be in the range of $530 - $550 million. On July 28, 2022, we previously
Oxford Industries, Inc. (NYSE:OXM) today announced that it has completed the acquisition of Johnny Was, a California-based affordable luxury, modern bohemian lifestyle apparel brand, for $270 million.
Expects to have about 40,000 to 45,000 vehicles in inventory at end of third quarter lacking certain parts presently in short supply
Says "vehicles on wheels" awaiting those parts
As mortgage rates topped 6%, for the first time since the 2008 financial crisis, new home buyers are being squeezed on multiple fronts since elevated home prices, interest rates, and rising inflation are adding to everyone's bottom line.
As we move further into the second half of the year, many investors will find themselves repositioning to better allocate their investments to mitigate risks. Some investors prefer to take positions in equities that hedge funds are buying, as large institutional ownership can create more demand for shares.
As real estate investment trusts (REITs) are required to distribute 90% of their taxable income to shareholders through dividend payments, and the rise in interest rates should prove to be a positive catalyst.
Biotech firm leading the Alcohol Use Disorder (AUD) treatment Awakn Life Sciences Corp. (OTCQB: AWKNF) has announced its financial outcomes and business highlights for the three months ended July 31, 2022.
During the period, numbers reflected: