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Electrified powertrain maker Hyliion Holdings Corp. reshuffles top executives

Shiva Duraiswamy appointed vice-president to focus on commercialization Chief technology officer Patrick Sexton to take care of forward-looking product strategies Electrified powertrain maker Hyliion ...

By  Prathapan Bhaskaran On  2021-10-14 19:27:00
General Motors' second quarter sales jump bolstered by strong demand for SUV

General Motors Co posted a 40% jump in second-quarter sales in the U.S. on Thursday, bolstered by strong demand for its sport utility vehicles (SUVs) and said it is expecting the trend to continue int...

By  Arghyadeep On  2021-07-01 22:25:00
Barnes & Noble Education reports fourth quarter and fiscal year 2021 financial results

Barnes & Noble Education Inc [BNED] a leading solutions provider for the education industry, today reported sales and earnings for the fourth quarter and fiscal year 2021. The fourth quarter and full ...

By  Reshma On  2021-06-30 10:18:00
Worthington reports fourth quarter fiscal 2021 results

Worthington Industries, Inc. [WOR] today reported net sales of $978.3 million and net earnings of $113.6 million, or $2.15 per diluted share, for its fiscal 2021 fourth quarter ended May 31, 2021. In ...

By  Reshma On  2021-06-24 10:48:00
Concentrix reports record second quarter 2021 results with strong new business signings

Concentrix Corporation [CNXC], a leading global provider of customer experience (CX) solutions and technology, today announced financial results for the fiscal second quarter ended May 31, 2021. Secon...

By  Reshma On  2021-06-24 10:16:00
Pareteum Corporation announces 2020 financial results

Pareteum Corporation [TEUM], a global cloud Communications-Platform-as-a-Service (CPaaS) company, today announced financial results for full year 2020. "While 2020 was a transitional year for Pareteum...

By  Reshma On  2021-06-21 10:48:00
Biotricity reports record quarterly and annual revenue for fiscal 2021

Biotricity, Inc. [BTCY] a medical diagnostic and consumer healthcare technology company, is pleased to provide unaudited, preliminary financial results for its fiscal 2021 fourth quarter and fiscal ye...

By  Reshma On  2021-06-21 10:16:00
Adobe reports outstanding second quarter results

Adobe [ADBE] today reported financial results for its second quarter fiscal year 2021 ended June 4, 2021. Second Quarter Fiscal Year 2021 Financial Highlights •Adobe achieved quarterly revenue of $3.8...

By  Reshma On  2021-06-18 10:22:00
Advance Auto Parts reports net sales increased by 23.4% in Q1-2020

Net Sales Increased 23.4% to $3.3 billion, Comparable Store Sales Increased by 24.7% Operating Income Margin Increased 466 basis points; Adjusted Operating Income Margin Increased 478 basis points Dil...

By  Divya On  2021-06-03 17:58:00
NeuroPace Inc reports Netloss of $8.8 Million in Q1-2020

NeuroPace, Inc. (Nasdaq: NPCE), a commercial-stage medical device company focused on transforming the lives of people suffering from epilepsy, today reported financial results for the quarter ended Ma...

By  Divya On  2021-06-03 17:34:00
Neumann may gain $245 million more in stocks from WeWork’s exit

Adam Neumann, the erstwhile leader of WeWork, would gain extra bonus of stock riches at his separation from the company if its plan of going public is successful. Neumann would earn shares worth more ...

By  Shubhangi On  2021-05-28 03:40:00
Klarna to reach valuation of $40 billion after expected funding round

A European buy-now-pay-later company, Klarna, is almost about to secure a new funding round at a valuation of more than $40 billion, said a source familiar to the matter. CNBC reported that Softbank a...

By  Shubhangi On  2021-05-28 01:40:00
US weekly jobless claims decline to new pandemic low, beats expectations

The number of U.S. state unemployment claims dropped at the lowest last week since the coronavirus pandemic hit last spring, signaling US economic recovery has increased as governments loosen industry...

By  Ishika Dangayach On  2021-05-27 19:30:00
HanesBrands names Michael Dastugue Chief Financial Officer

HanesBrands (NYSE: HBI), a leading global marketer of branded everyday apparel, today announced thatMichael Dastugue has been named chief financial officer, effective May 1, 2021. Dastugue will bring ...

By  Pavankumar On  2021-04-29 11:14:00
Discovery issues statement on recent market price volatility of series A and series C common stock

Discovery [DISCA] today announced that today's trading activity is not the result of insider transactions or transactions by Advance/Newhouse Programming Partnership or its affiliates. The Company iss...

By  Hemanth On  2021-03-28 03:23:49
Chinese tech giant Baidu could raise $3.6 billion in Hong Kong listing this month

·         Baidu will raise $3.6 billion in an upcoming Hong Kong secondary listing if it prices shares at the upper end of their range. ·         Baidu will issue 95,000,000 Class A ordinary shares pr...

By  Hemanth On  2021-03-14 04:21:36
Kinder Morgan Inc and Brookfield Infrastructure Partners to sell 25% stake for $830 million in Natural Gas Pipeline Co.

On Monday, Pipeline operator Kinder Morgan Inc[KMI] and Brookfield Infrastructure Partners announced their decision to sell a 25% stake in Natural Gas Pipeline Co. The companies would be selling their...

By  Pavankumar On  2021-02-23 13:33:39
Mogo announces strategic investment in coinsquare, Canada’s leading digital asset trading platform

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO)  ("Mogo" or the "Company"), a digital payments and financial technology company, today announced its investment in Coinsquare Ltd. ("Coinsquare"), Canada's leading d...

By  Reshma On  2021-02-15 06:32:07
AMETEK increases quarterly dividend

AMETEK, Inc. (NYSE: AME) today announced its Board of Directors has approved an 11% increase in its quarterly cash dividend on common stock to $0.20 per share from $0.18 per share. The dividend is pay...

By  Reshma On  2021-02-12 11:33:40
Senmiao Technology Announces $7 Million Registered Direct Offering

Senmiao Technology Limited (Nasdaq: AIHS) ("Senmiao") a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own on...

By  Kathi On  2021-02-10 01:26:56
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