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Kimco Realty to buy competitor Weingarten Realty for $3.87 billion

Kimco Realty Corp, the owner of the shopping center, said on Thursday it would buy competitor Weingarten Realty Investors for about $3.87 billion, contributing a lot to its operations as US economic r...

By  Ishika Dangayach On  2021-04-15 23:40:00
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Goldman Sachs net revenues $17.70 billion more than double in the Q1 2020

The Goldman Sachs Group, Inc. [GS] today reported net revenues of $17.70 billion and net earnings of $6.84 billion for the first quarter ended March 31, 2021. Diluted earnings per common share (EPS) w...

By  Hemanth On  2021-04-15 03:47:00
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Nicolet Bankshares Inc to acquire Mackinac Financial Corp

Nicolet Bankshares, Inc. [NCBS] and Mackinac Financial Corporation [MFNC] today jointly announced the execution of a definitive merger agreement, pursuant to which Nicolet will acquire Mackinac and it...

By  Hemanth On  2021-04-13 03:29:00
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Levi Strauss & Co. reports first-quarter 2021 financial results

Levi Strauss & Co[LEVI] today announced financial results for the first quarter ended February 28, 2021. Due to the company's fiscal quarter end, the impacts of the pandemic were not material to the c...

By  Hemanth On  2021-04-11 09:59:00
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Bitcoin-miner Riot Blockchain to acquire Whinstone for $651 million

Bitcoin mining company Riot Blockchain Inc is acquiring Whinstone US, Inc, a data center operator in Texas from Northern Data AG, for $80 million cash and 11.8 million shares at a total value of $651 ...

By  Ishika Dangayach On  2021-04-08 22:29:00
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GameStop announces preliminary sales results for the first nine weeks of fiscal 2021 reflecting an approximately 11% increase compared to the prior year period

GameStop Corp. [GME], today announced preliminary unaudited sales results for the first quarter to date period representing the nine-weeks ended April 3, 2021, as compared to the nine weeks ended Apri...

By  Reshma On  2021-04-05 17:58:00
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Mechel reports launching new production area at Sibirginskaya underground mine

Mechel PAO [MTL], one of Russia's leading mining and steel companies, reports that the Group's Southern Kuzbass Coal Company is launching the second section of the longwall 3-1-11's working area at Si...

By  Reshma On  2021-04-05 17:41:00
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Gogo announces convertible debt exchange and begins refinancing process

CHICAGO – April 1, 2021 – Gogo Inc. (NASDAQ: GOGO) ("Gogo") today announced a convertible debt exchange and the beginning of a refinancing process, marking significant progress in its efforts to compl...

By  Pavankumar On  2021-04-01 10:39:00
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Everspin announces resignation of Chief Financial Officer

Chandler, AZ, April 1, 2021 — Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced that Daniel Berenbaum has notified the company of his decision to resign as Chief F...

By  Pavankumar On  2021-04-02 10:25:00
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Broadway Financial Corporation and CFBanc Corporation complete merger of equals

LOS ANGELES, CA and WASHINGTON, D.C. (April 1, 2021) Broadway Financial Corporation ("Broadway") (Nasdaq-CM: BYFC) and CFBanc Corporation ("CFB") jointly announced that they closed their merger of equ...

By  Pavankumar On  2021-04-02 10:18:00
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Fusion Pharmaceuticals appoints Donald Bergstrom, M.D., Ph.D., to board of directors

Hamilton, ON & Boston, MA, April 1, 2021 – Fusion Pharmaceuticals Inc. (Nasdaq: FUSN), a clinical-stage oncology company focused on developing next-generation radiopharmaceuticals as precision medicin...

By  Pavankumar On  2021-04-02 10:06:00
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American Airlines repays revoling credit facilities, reduces outstanding debt by $2.8 billion

American Airlines Group Inc. [AAL] and its subsidiary, American Airlines, Inc. ("American"), today announced that they have repaid in full $2.8 billion of revolving loans, in the aggregate, under thre...

By  Hemanth On  2021-04-02 04:09:00
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TSMC to Invest $100 Billion to increase semiconductor output

Taiwan Semiconductor Manufacturing Co[TSM] a major chip supplier to Apple Inc., said it would invest $100 billion over the next three years to increase production capacity as demand surges. The planne...

By  Hemanth On  2021-04-02 03:40:00
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JOANN Inc fourth quarter revenue and comparable sales increased 21%

JOANN Inc. [JOAN] the nation's category leader in sewing and one of the fastest growing competitors in the arts and crafts category, today reported results for its fourth fiscal quarter and full fisca...

By  Hemanth On  2021-04-02 03:22:00
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CarMax fourth quarter operating revenues increased 4.1% to $5.16 billion

CarMax Inc [KMX] the nation's largest and most profitable retailer of used cars, today reported results for the fourth quarter and fiscal year ended February 28, 2021. Fourth Quarter Highlights and Re...

By  Hemanth On  2021-04-02 02:52:00
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Micron Technology Inc announces the financial results for its second quarter of 2021

On Wednesday, Micron Technology Inc [MU] announced financial results for its second quarter of fiscal 2021, which ended March 4, 2021.  Highlights:  • Reported Revenue of $6.24 billion in the second q...

By  Pavankumar On  2021-03-31 19:29:00
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Brookfield Asset Management reaches agreement with Brookfield Property Partners to acquire 100% of BPY units

Brookfield Asset Management Inc. [BAM]and Brookfield Property Partners L.P. [BPY]announced today that they have reached agreement for Brookfield to acquire all of the limited partnership units of BPY ...

By  Reshma On  2021-04-01 17:22:00
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BlackBerry fiscal year 2021 revenue grow to $919 million

BlackBerry Limited [BB] today reported financial results for the three months ended February 28, 2021 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated). "This has been an e...

By  Hemanth On  2021-03-31 21:27:00
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PVH Corp 2020 fourth quarter revenue decreased 20% to $2.090 billion

PVH Corp[PVH] reported its 2020 fourth quarter results. • Fourth quarter revenue was in line with the Company's guidance despite more extensive lockdowns throughout Europe than previously anticipated:...

By  Hemanth On  2021-03-31 21:13:00
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Walgreens Boots Alliance sales increased 4.6 percent to $32.8 billion in 2021 second quarter

Walgreens Boots Alliance, Inc[WBA] today announced financial results for the second quarter of fiscal 2021, which ended Feb. 28, 2021. "Overall, we have achieved a good financial quarter with results ...

By  Hemanth On  2021-03-31 20:53:00
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