Market
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TriNet declares $0.25 dividend
TriNet declares $0.25 dividend Source link
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Earlyworks regains compliance with Nasdaq’s listing rule (NASDAQ:ELWS)
Earlyworks (NASDAQ:ELWS) has regained compliance with Nasdaq’s minimum bid price requirement for continued listing on the exchange. The notification letter confirmed that the company’s ADSs on Nasdaq had traded above $1.00 per ADS for 20 consecutive business days from May 16, 2024, to June 14, 2024. Press release. Source link
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Total Site Solutions appoints CFO (OTCQB:TSSI)
Md Majhrarul Alam IT company Total Site Solutions (OTCQB:TSSI) said on Monday that Daniel Chism has been appointed CFO, effective June 7. Chism will work closely with CEO Darryll Dewan. Chism has previously served as CFO of Goodwill Industries of Central Texas. Source: Press Release Source link
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United Fire closes $70M senior unsecured notes offering (NASDAQ:UFCS)
Property and casualty insurer United Fire Group (NASDAQ:UFCS) said on Monday that it has closed a private placement of $70M debt offering. The senior unsecured 9.0% notes are due May 31, 2039. The proceeds will be used to support anticipated growth and for general corporate purposes. Source: Press Release Source link
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Canadian North Resources GAAP EPS of -$0.01
Canadian North Resources GAAP EPS of -$0.01 Source link
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Live Nation stock drops on reports Justice Dept. may file antitrust lawsuit next month
JHVEPhoto/iStock Editorial via Getty Images Live Nation (NYSE:LYV) fell 8.5% in after hours trading amid reports that the Justice Department is preparing to file an antitrust lawsuit against the concert promoter as soon as next month. The regulator is expected to allege that Live Nation (LYV) used its dominance in a matter that undermined competition for ticketing live events, according…
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Delays to Guyana gas-to-power project could cut weeks off oil production (NYSE:XOM)
NiseriN/iStock via Getty Images Guyana’s attempts to use its natural gas resources to fuel a power plant that would cut the country’s energy costs are being held up by construction delays and cost overruns while threatening to curtail oil revenues by ~$1B, Reuters reported Monday. The first phase of a 300 MW power plant reportedly is running six months behind…
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EV startup Canoo raises going concern doubts as it runs low on cash (NASDAQ:GOEV)
Henrik5000/E+ via Getty Images Electric vehicle startup Canoo (NASDAQ:GOEV) warned on Monday about its ability to continue as a going concern, highlighting its dwindling cash reserves amidst a slump in the EV market. Shares of the Torrance, California-based company slumped 26% in extended trading. The EV maker said that it would be required to terminate or curtail its operations if…
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WeWork founder and former CEO Adam Neumann makes bid for company
Cindy Ord/Getty Images Entertainment Adam Neumann, the founder and former CEO of WeWork (OTC:WEWKQ), has made a more than $500M bid to buy back his former company, according to a media report. Although Neumann stepped down as CEO and gave up his majority voting control in September 2019, reports are he has wanted to get back in the saddle of…
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Crude oil climbs near five-month high; top oil execs rip calls for fast energy transition
SlavkoSereda/iStock via Getty Images Crude oil futures rose Monday to settle at their highest since late October, as Ukrainian drone attacks on Russian refineries are believed to have idled a significant chunk of Russia’s refining capacity, and Chinese industrial production for January-February exceeded expectations. “Preliminary estimates suggest ~15% of Russia’s refining capacity has been disrupted in recent days, potentially leading…
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