Simon & Schuster Sold for $1.62 Billion in Cash
Private equity firm KKR acquires Simon & Schuster for $1.62 billion cash, signaling changes in the book market. Paramount Global plans to pay off debts with the proceeds.
RingCentral Leadership Changes and Q2 Results
RingCentral announces CEO change, new financial results, and guidance for the future.
Opportunity for Other LTL Shippers as Yellow Files for Bankruptcy
Yellow's bankruptcy filing creates opportunities for LTL peers like Old Dominion, XPO, Saia, and ArcBest. Investors take notice, driving up stock prices in the sector.
Tyson Foods Inc. Reports Loss in Q3, Stock Plummets
Tyson Foods Inc. reports a net loss of $417 million in Q3, with sales declining by 3%. Stock price drops by 6% in premarket trading.
Egdon Resources Forms Joint Venture for Gas Appraisal and Development
Egdon Resources forms a joint venture with Cuadrilla and York Energy to appraise and develop gas licenses in northern England, confirming a commercially viable prospect.
PayPal Facing Increasing Competition
PayPal is facing growing competition from Apple Pay, Square, and Affirm as the digital payment services market expands. This article explores the challenges and prospects for PayPal.
Restaurant Brands NZ Expects Annual Profit to Halve Amid Inflationary Pressures
Restaurant Brands NZ expects its annual profit to halve as inflationary pressures and slower sales growth impact the company. The New Zealand business faces increased ingredient and wage costs, leading to a revision of profit projections. D...
Loews Corp. Reports Strong Q2 Results
Loews Corp. surpasses market expectations with Q2 earnings of $360 million, driven by growth in multiple industries.
NWF Group Announces New Leadership Appointments
NWF Group announces leadership changes with Chris Belsham as CEO designate and Katie Shortland as CFO
Public Service Enterprise Group Reports Higher Revenue, Maintains Guidance
PSEG reported higher revenue and upheld its guidance after completing the sale of its offshore wind generation investment. CEO expresses confidence in company's performance.