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Carnival Shares Plummet 20% Following Q3 Earnings Release

Rebecca Urena09/30/2022

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Carnival (NYSE: CCL) shares fell 20% in later morning trading Friday after the company reported third-quarter earnings highlighting rising costs linked with inflation, supply chain mishaps, and continued maintenance...

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Target to Hire 100,000 Seasonal Workers

Rebecca Urena09/22/2022

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Target (NYSE: TGT) revealed plans to hire 100,000 seasonal workers for the holiday season. New workers will be hired only after current Target employees are offered a chance to...

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Piedmont Lithium to Build New Lithium Refining Plant

Rebecca Urena09/01/2022

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Piedmont Lithium (NASDAQ: PLL) revealed plans to build a new lithium refining plant in Tennessee. The move comes as the U.S. aims to develop domestic supply chains for raw...

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Peloton Prepares to Cut Jobs, Close Stores, and Increase Prices

Rebecca Urena08/15/2022

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Peloton (NASDAQ: PTON) has had a rough year amid supply chain disruptions, employee shortages, and the overall economy. After having laid off 2,800 employees since February, CEO Barry McCarthy...

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Nikola Acquires Romeo Power in $144 Million Deal

Rebecca Urena08/01/2022

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Nikola (NASDAQ: NKLA) announced that it has come to an agreement to acquire battery pack supplier Romeo Power for USD144 Million. The all-stock transaction will give Nikola control of...

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General Motors and Livent Announce Lithium Hydroxide Supply Agreement

David Kim07/26/2022

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General Motors Co. (NYSE: GM) and Livent have reported a multi-year sourcing agreement where Livent will supply GM with battery grade lithium hydroxide made from lithium extracted at Livent’s...

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Weber Reports Management Transition and Business Update

Andy Liao07/25/2022

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Weber Inc. (NYSE: WEBR) has reported that Alan Matula, the company’s CTO has been appointed interim Chief Executive Officer immediately. Chris Scherzinger is stepping down rom his roles on...

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“The Buzz” Show: NiSun International Enterprise Development (NASDAQ: NISN) Share Repurchase Program

financial buzz06/10/2022

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FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “NiSun International Enterprise Development Group Co Ltd Board Approves Share Repurchase Program” Nisun International Enterprise Development Group Co.,...

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Stitch Fix Shares Fall After Laying off 15% of Workers

Rebecca Urena06/09/202206/09/2022

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Stitch Fix (NASDAQ: SFIX) has laid off 15% of salaried workers, specifically within corporate and styling leadership positions, according to an internal memo. The company’s shares fell 9% Thursday...

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Nordstrom Raises Full-Year Outlook Amid Strong Q1 Results

Rebecca Urena05/25/202205/25/2022

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Nordstrom (NYSE: JWN) reported positive first-quarter results on Tuesday, detailing continuous demand as consumers buy designer brands and shoes. The company now forecasts that 2022 revenue and credit card...

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