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LG Energy Solution and General Motors Invest USD 2.3 Billion in 2nd Ultium Cells Manufacturing Plant within U.S.

Andy Liao04/16/2021

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A joint venture between LG Energy Solution and General Motors Co. (NYSE: GM), or Ultium Cells LLC has announced over USD 2.3 Billion investment to fuel its secondary battery...

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Sands Selling its Las Vegas Locations for USD6.25 Billion

Rebecca Urena03/03/2021

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Las Vegas Sands (NYSE: LVS), the American casino and resort company, is selling its two Nevada properties for a total of USD6.25 Billion. The company, founded by Sheldon Adelson,...

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Target Set to invest $4 Billion in its Growth

Rebecca Urena03/02/202103/02/2021

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Target (NYSE: TGT) announced Thursday that its goal is to invest USD4 Billion annually for the next several years, in its ongoing growth. The money would be used to...

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Ford Invests $1 Billion in EV German Manufacturing Facility

Rebecca Urena02/17/2021

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Ford (NYSE: F) announced Wednesday it is investing USD1 Billion to make its Cologne, Germany location into an electric vehicle production facility as it commits to a future of...

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AutoNation Announces Fourth Quarter Financial Results

Nikita Medvedev02/16/2021

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AutoNation, Inc. (NYSE: AN) has reported fourth quarter 2020 financial results. Net income from continued operations amounted to USD 152 Million or USD 1.73 per share. GAAP results were...

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AMC Set to Sell an Additional 50 Million in Shares to Avoid Bankruptcy

Rebecca Urena12/30/2020

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AMC Entertainment (NYSE: AMC) revealed it aimed to raise USD125 Million in capital by selling up to 50 Million in additional shares. The action would aid the company in...

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“The Buzz” Show: Greenpro Capital (NASDAQ: GRNQ) Prepares to Set Up Bitcoin Fund for Investment

financial buzz12/28/202012/28/2020

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FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on ““The Buzz” Show: Greenpro Capital Prepares to Set Up Bitcoin Fund for Investment” Greenpro Capital (NASDAQ: GRNQ) surged...

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AMC Raises $100 Million but Remains at Risk for Bankruptcy

Rebecca Urena12/11/202012/11/2020

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AMC (NYSE: AMC) revealed a cash injection of USD100 Million in a debt sale to Mudrick Capital Management, with an annual rate of 15%. As it struggles through the...

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Carlyle Invests in Ecommerce Marketplace Platform and Retail Seller Pharmapacks

Nikita Medvedev11/12/202011/12/2020

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Pharmapacks, LLC reported a strategic investment of over USD 250 Million from The Carlyle Group (NASDAQ: CG), a global investment firm to accelerate the company’s growth. After the investment,...

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“The Buzz” Show: CIT Group (NYSE: CIT) to Merge with First Citizens BancShares (NASDAQ: FCNCA)

financial buzz10/16/2020

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FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “CIT Group to Merge with First Citizens BancShares” CIT Group (NYSE: CIT) is up nearly 25% from previous...

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