Chemring Group Expects Approval from U.S. Defense Department
Chemring Group, a leading defense company based in the UK, has announced that its expectations for fiscal 2023 are on track, pending approval from the U.S. Defense Department for certain…
Alibaba Group’s Shares Decline
Shares of Alibaba Group experienced a decline on Monday following the announcement that former CEO Daniel Zhang would be stepping down as the head of the company's cloud business. Zhang…
FuelCell Energy Reports Decline in Revenue
Shares of FuelCell Energy Inc. (FCEL, -1.37%) rose by 1.4% in premarket trading on Monday following the company's release of its fiscal third-quarter financial results. Despite reporting a narrower loss…
Mexican Government Proposes Increased Budget Deficit for 2024
The Mexican government has put forth a budget proposal for 2024 that includes a larger budget deficit in order to boost social spending and complete infrastructure projects during the final…
Apple’s Woes Bring Down Stock Market, but Relief on the Horizon
The fortunes of Apple, the world's largest public company, often set the tone for the rest of the stock market. Last week, Apple's struggles contributed to widespread declines. However, investors…
Klaviyo Inc. Sets Terms for IPO
Boston-based marketing-automation software company, Klaviyo Inc. (KVYO), has announced the terms for its upcoming initial public offering (IPO). The company plans to offer 19.2 million shares, with 11.5 million shares…
Regional Banks Face Challenges in Meeting Regulatory Guidelines
Eighteen regional banks are facing a new challenge as they may need to add approximately $63 billion of holding company debt to meet proposed regulatory guidelines for lending institutions with…
The Worst Month for the Stock Market
September is living up to its reputation as the worst month for the stock market. However, analysts believe that the worst of the pain might have already passed. So far,…
Apple Inc.’s China Worries May Not Be as Bad as Feared
Shares of Apple (AAPL) are showing signs of recovery after two consecutive days of decline following concerns about the company's business in China. Reports of China banning the use of…
Kroger’s $1.4 Billion Charge to Settle Opioid Claims
Kroger (ticker: KR) experienced a decline in stock prices on Friday as the company revealed a $1.4 billion charge in its second-quarter earnings. This charge was allocated to settle the…
Cleveland-Cliffs and United Steelworkers Union Reach New Labor Contract Agreement
Cleveland-Cliffs recently announced that the United Steelworkers (USW), the union representing the company's employees, have ratified a new three-year labor contract. This agreement covers over 400 employees working at Cleveland-Cliffs'…
AMTE Power Raises £2.1 Million in Share Placing
AMTE Power has successfully raised £2.1 million ($2.6 million) through a heavily discounted share placing, as part of its plan to avoid insolvency and secure time for its initial recapitalization.…
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