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FinancialBuzz.com news releases related Financialbuzz.com news releases and Financialbuzz.com press releases from 12/07/22 01:33:44 on US and Canada...
Shares of Paramount Global (NASDAQ: PARA) plummeted approximately 8% Tuesday after CEO Robert Bakish reduced expectations for the company’s advertising sales throughout the fourth quarter. The move has impacted the company’s business to a degree. ...
BuzzFeed (NASDAQ: BZFD) announced Tuesday that it will be cutting almost 12% of its workforce, around 180 employees. The move comes amid the declining economic climate, its acquisition of Complex Networks, and an audience shift to short-form, vertical video. Shares hit a new low of USD1.06 ...
Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE: CND) , a special purpose acquisition company, announced the termination of their proposed business merger. The agreement was originally announced in July 2021 and amended in February 2022. ...
VF Corporation (NYSE: VFC) , parent company of The North Face and Timberland, cut its revenue and earnings expectations for the second half of its fiscal year. Furthermore, the company revealed that its chairman and chief executive, Steve Rendle, will be stepping down from the position afte...
CNN notified hundreds of employees of layoffs on Thursday amid CEO Chris Licht’s efforts to transform the cable news network. Furthermore, as part of these changes, all live programming on HLN will be suspended starting on December 6. Licht mentioned Robin Meade, an anchor ...
The Food and Drug Administration has pulled U.S authorization for Eli Lilly and Co’s (NYSE: LLY) Covid-19 drug Bebtelovimab. The agency made the call after citing that the treatment is not effective against emerging omicron subvariants such as BQ.1 and BQ.1.1. ...
Uber Technologies, Inc. (NYSE: UBER) company Uber Freight and Aurora Expand Pilot to Haul Goods Autonomously for Holiday Season. Aurora’s autonomous trucking service Aurora Horizon makes weekly hauls of consumer and wholesale goods across the state with its latest generation of tru...
Salesforce (NYSE: CRM) shares plummet about 10% Thursday following Wednesday’s earnings report and the news of co-CEO Bret Taylor’s departure in January. Taylor will leave founder Marc Benioff as the sole CEO of the company. Several brokerages cut...
FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “ Sonim Technologies shares rise after announced a USD17 million additional tablet order ” Sonim Technologies (NASDAQ: SONM) today announced an ...
Kroger (NYSE: KR) raised its forecast for the year after reporting strong third-quarter earnings. The news comes despite the fact inflation has pushed up prices for products like milk, eggs, and other groceries. The American retail company reported earnings o...
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