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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


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