Mercari Sees Record Revenue Surge in FY’24by Mark Eisenberg 17.08.2024Mercari reports 9% revenue growth in FY'24. Eyes fintech expansion and targets double-digit growth.
Cisco Outperforms Guidance with Q4 Revenue Surgeby Mark Eisenberg 15.08.2024Cisco surpasses Q4 expectations with $13.6B revenue, projects strong 2025 growth, focusing on AI, cloud, cybersecurity.
Cisco Systems Announces 7% Workforce Reductionby Lilu Anderson 15.08.2024Cisco Systems to cut 7% of workforce in second layoff round, impacting 6,000 jobs as AI shift prompts restructuring.
Barrick Gold Reports Robust Growth and Undervalued Sharesby Mark Eisenberg 15.08.2024Barrick Gold outlines strong growth projects. Shares undervalued, CEO says. Sustainability and expansion efforts highlighted.
Getaround’s Q2 Financials Show Improved Performanceby Mark Eisenberg 15.08.2024Getaround narrows GAAP net loss, improves EBITDA and service margins in Q2 2024 under new leadership.
Kezar Shifts Focus From Tumor Drug to Autoimmune Therapyby Lilu Anderson 14.08.2024Kezar halts tumor drug trials, pivots to autoimmune hepatitis focus with promising zetomipzomib.
Fitch Downgrades Ukraine to ‘Restricted Default’by Mark Eisenberg 14.08.2024Ukraine faces financial strain as Fitch downgrades its rating, citing default on bonds amid ongoing efforts for debt restructuring.
Subha Tatavarti Resigns as Wipro’s CTOby Lilu Anderson 12.08.2024Wipro CTO Subha Tatavarti steps down, marking changes in senior management amidst revenue decline.
Standard Chartered Restructures Investment Banking Teamby Mark Eisenberg 12.08.2024Standard Chartered reorganizes to streamline operations, folding industry coverage into M&A, eliminating over 20 roles.
LL Flooring Files for Chapter 11 Bankruptcyby Mark Eisenberg 12.08.2024LL Flooring seeks court approval for sale amid bankruptcy, securing $130M financing while negotiating with bidders.