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Xeris biopharma: q1 earnings reveal path to breakeven
Xeris recently reported encouraging Q1 earnings. The company's commercial products are off to a strong start, including their recently launched produc...
May 21, 2022, 12:09 am
Better.com ceo vishal garg says he is ‘personally liable' for $750m softbank loan
Better.com CEO Vishal Garg has acknowledged to employees that he “personally guaranteed” the $750 million cash infusion provided to the online mor...
May 13, 2022, 12:37 pm
‘my competition is climate change': carbon clean raises $150m led by chevron
Carbon Clean, a startup focused on capturing harmful factory emissions before they enter the atmosphere, has secured a hefty $150 million series C rou...
May 11, 2022, 2:01 pm
Portsmouth square: small, overlooked, and cheap
Portsmouth Square remains small, overlooked, and cheap. Another hotel in San Francisco sold this spring, supporting a minimum $2...
May 9, 2022, 2:21 pm
Egyptian fintech paymob raises $50m led by paypal ventures and kora capital
Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B...
May 9, 2022, 3:04 am
Lyft shares shares plummet on rising driver costs
Lyft Inc (NASDAQ:LYFT)'s stock plunged 26% after it said it would have to spend heavily to recruit drivers and forecast earnings would be more than US...
May 4, 2022, 9:02 am
Deciphera raises $150m via equity offering
Deciphera Pharmaceuticals Inc (NASDAQ: DCPH) has priced an underwritten public offering of 5.25 million shares at $10.00 per share, for gross procee...
April 27, 2022, 7:55 am
Diversified energy company buys more assets in texas
Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) has acquired a batch of gas-producing assets in East Texas, its fifth purchase in the central re...
April 26, 2022, 2:27 am
Verastem: time to take my position out of mothball
Verastem recently reported their Q4 and full-year 2021 earnings that revealed substantial headway in their pipeline and on the balance sheet. Verastem...
April 19, 2022, 9:49 am
Tesco to pay out £50mln in bonuses to staff
Tesco PLC (LSE:TSCO) plans on presenting nearly £50mln worth of 'thank you bonuses' to employees next...
April 14, 2022, 8:22 am
Barrick gold - expect a 20 cent dividend in q1 2022
S&P's upgrade of Barrick Gold to BBB+ should allow GOLD to refinance its debt. This would save ~50m US...
April 13, 2022, 4:52 am
Tesco delivers profits as expected and a new £750mln share buyback
Tesco PLC (LSE:TSCO) delivered profits and dividends bang in line with expectations and committed to another £7...
April 13, 2022, 2:31 am
Nubank invests $650m to expand to colombia, mexico
Nubank, Latin America's most valuable listed bank, announced Monday (April 11) that it is investing in a $650 million credit line to expand into Colom...
April 11, 2022, 11:56 am
Goldman sachs' $50m bonus to ceo and coo called ‘excessive'
Goldman Sachs' $30 million gift to CEO David Solomon and $20 million gift to COO John Waldron is "excessive," a proxy adviser argued Friday....
April 8, 2022, 4:40 pm
Ryanair warns of bigger loss as traffic recover less than expected
Ryanair Holdings PLC (LSE:RYA) warned that it expects to make a larger loss for the past financial year as traffic did not recover as much as it predi...
April 4, 2022, 3:41 am
Kosmos energy strengthens liquidity with bank refinancing
Kosmos Energy Ltd (LSE:KOS, NYSE:KOS) re-financed its revolving credit facility (RCF) and completed the semi-annual redetermination of its reverse-bas...
April 1, 2022, 8:05 am
Oxford nanopore resolves dispute with dhsc
Oxford Nanopore Technologies PLC (LSE:ONT) has reached an amicable resolution to its dispute with the Department of Health and Social Care (DHSC). DHS...
April 1, 2022, 3:41 am
Intel confirms acquisition of granulate, reportedly for up to $650m, bringing ai-based workload optimization into its fold
Last year, when we wrote about new investment for Israeli startup Granulate — which applies AI to high-priority computing workloads to optimize how ...
March 31, 2022, 8:39 am
Things aren't so bad for barclays, reckon credit suisse analysts
Barclays PLC's (LSE:BARC) surprise £450mln loss from its structured product blunder came at a bad ...
March 30, 2022, 11:24 am
Vodafone facing energy cost headwind reckons broker
Vodafone PLC is facing a big rise in energy costs according to analysts at Credit Suisse, which has trimmed its forecasts for the telco as a consequen...
March 29, 2022, 10:27 am