Virgin Galactic's fundraising plans put stock on course for worst day of the year
Virgin Galactic (SPCE) shares fell sharply around 18% early Friday after the company announced plans to raise up to $400 million through the sale of common stock, putting
Forex market review on 06/23/2023
Hello. Below are some recommendations for trading in the Forex market on 06/23/2023 GBPUSD On GUSDBP on news ran in both directions and in eventually ended the day
Robinhood buys credit card provider X1 for $95 million
Key Points Robinhood agreed to buy X1 for $95 million. X1 is a trading platform that offers no-fee credit cards and rewards on purchases. This decision could help
NRG Energy Responds to Activist Investor Complaints, Shares a Leap
Key takeaways NRG Energy shares rose more than 3% as the electricity supplier boosted share buybacks and sought to change its board. These measures were taken following criticism
Spirit AeroSystems shares slide as production halts ahead of strike
Key Points Mind AeroSystems halted production at its Wichita, Kansas plant ahead of a strike by unionized workers. Union members rejected the company's four-year offer and have planned
Overstock wins auction for some Bed Bath & Beyond assets for $21.5 million
Overstock (OSTK) won an auction for Bed Bath &amp ; Beyond's intellectual property and digital assets for $21.5 million, according to court documents filed Thursday morning. KEY POINTS
FTC accuses Amazon of illegal practices related to Prime subscriptions
Key takeaways The FTC accused Amazon of tricking customers into signing up for Prime subscriptions and making it difficult to cancel. Regulators said the actions by Amazon were
PayPal and KKR Reach Agreement for PayPal's “Buy Now, Pay Later” EU Loans
Key takeaways KKR has agreed to buy PayPal's “Buy Now, Pay Later” option. (BNPL) in Europe. The agreement allows KKR to purchase up to €40 million ($43.7 million)
FedEx sales plummet as pandemic shipping boom wanes
Key Points FedEx sales fell as the pandemic boom in shipping demand slowed. The company will merge its Canadian Ground and Express networks beginning next April. CFO Mike
Winnebago sales are affected by lower demand and discounts
Key Points Shares RV maker Winnebago tumbled on Wednesday as sales beat estimates on weak demand and price cuts. The RV market was hit by rising interest rates