Airbus, the European plane maker announced on Tuesday that it is hopeful to reach cash break-even in the current quarter, giving the first hint to the investors about their future performance. The company suffered hard due to the current pandemic and had to take measures to stop the cash outflows in...
The German automaker Volkswagen announced its quarterly results and returned into positive as demand for their luxury cars increased in China. The demand from China also helped them to cover the 1.1% drop in vehicle deliveries due to the current pandemic. The Company is expecting a profit for the full year...
Samsung is expecting that profit will fall in the fourth quarter due to poor server chip demand, rising smartphone competition. The company recently posted its highest operating profit in the last two years. The company is positive to make a recovery in the chip and mobile market but it would...
Ford Motor Co announced its quarterly profit which exceeds the analysts' estimates, thanks to the great demand for Pickups and SUVs in the United States. The company is expecting a full-year tax profit, and ford share prices went up in after-hours trading. The new CEO of FordJim...
HSBC Holdings PLC announced on Tuesday that it will accelerate its restricting plan, reducing cost further than previously suggested. The bank wants to overturn its model from generating income mainly from interest rates to fee-based business, and shrinking in size. The announcement came after HSBC revealed its financial...
Esports Entertainment Group, Inc. (GMBL) last week joined hands with AEG to be official esports tournament provider for two major leagues teams. The company is an online esports tournament and 18+ gaming company while AEG is a leading sports and live entertainment company in the world. Both the...
Metalla Royalty & Streaming Ltd. (MTA) recently entered into an equity distribution agreement with a syndicate of agents to establish an at-the-market (ATM) equity program. The companies from both Canada and the United States have been included in the syndicate with BMO Capital Markets Corp.‎ and Cormark Securities (USA) Limited...
Capstone Turbine Corporation (CPST) recently announced securing of a 4-megawatt (MW) energy efficiency order. The order is for development of a casino on the Las Vegas strip and has been secured by its distributor. The distributor which secured the order is the company’s exclusive distributor in California, Nevada...
Franchise Group, Inc. (FRG) saw attraction of roughly 6.8% in its stock price on Tuesday to conclude trading at a closing price of $25.14. The stock’s weekly performance is currently at 3.84% while is has been 8.36% from year to date. The company recently announced pricing of its...
OneWater Marine Inc. (ONEW) last week went through a pricing of an underwritten public offering. Shares of company’s Class A common stock totaling 3,170,868 in numbers with par value of $0.01 per share were offered at a per share price of $20.00. The company is offering 425,000 shares of...