Express Plummets: Bankruptcy Fears Spike Amid Debt Restructuring Rumorsby Terry Bingman 13.02.2024Shares of apparel retailer Express have plunged to record lows amid rumors of debt restructuring and possible bankruptcy filing. The ...
Energy Giants Merge in $50 Billion Oil Mergerby Terry Bingman 13.02.2024Diamondback Energy and Endeavor Energy's merger has created a $50 billion oil-and-gas powerhouse, driven by surging oil prices and competition ...
Optex Systems Holdings: Impressive Revenue Surgeby Terry Bingman 13.02.2024Optex Systems Holdings, Inc. reports impressive surge in revenue and profit for Q4 2023, with total revenues up 72.5% and ...
Federal Realty Investment Trust Faces Revenue Shortfall Amid Declining Demandby Mark Eisenberg 13.02.2024Federal Realty Investment Trust's fourth-quarter revenue falls short of market expectations due to reduced leasing demand, increased borrowing costs, and ...
Carl Icahn Takes Flight with JetBlue Stakeby Mark Eisenberg 13.02.2024Activist investor Carl Icahn has disclosed a 9.9% stake in JetBlue Airways, stating it is undervalued. He is engaging in ...
Stellantis Shifts to Tesla’s NACS Charging Plugby Lilu Anderson 13.02.2024Stellantis commits to Tesla's NACS charging plug for EVs, joining other automakers in solidifying its position as the standard in ...
FCC Probes Apple for Beeper Mini Shutdownby Lilu Anderson 13.02.2024FCC Commissioner Brendan Carr has urged an investigation into Apple's shutdown of the Beeper Mini, citing concerns over compliance with ...
Caleres Appoints Andrew Leckie as SVP Famous Footwearby Mark Eisenberg 13.02.2024Caleres has appointed Andrew Leckie as the new SVP and general merchandise manager of Famous Footwear. Leckie's extensive experience in ...
Global Hedge Funds Boost Stock Buying in Optimistic Surgeby Terry Bingman 13.02.2024Global hedge funds have been buying more stocks in cyclical sectors for the second consecutive week, according to a report ...
Shopify’s Reset Sparks Stock Surge: What’s Next?by Mark Eisenberg 13.02.2024Shopify's Q4 earnings report is expected to showcase positive progress, with adjusted earnings per share of 30 cents, projected revenue ...