RBio Energy Set to Go Public Through Merger with Perception Capital Corp. III
RBio Energy is merging with Perception Capital Corp. III in a $350 million deal to go public and expand its sustainable energy assets. The merger is pending regulatory approval and is expected to close in the second quarter.
Stock Futures Show Little Movement as Fed Officials Express Caution
Stock futures remain stagnant as Federal Reserve officials express caution on interest rate adjustments. Ford Motor beats estimates, while Snap Inc. faces a significant revenue miss. Fortinet surges on strong financial results, and Enphase...
Nissan Motor Q3 Results: Key Details and Forecast
Nissan Motor is set to report its third-quarter results, with forecasted increases in net profit and revenue. Key focus areas include revenue and net profit projections, operating-profit margin, and China strategy.
Equinor Announces Share Buyback Program and Strong Fourth-Quarter Earnings
Equinor unveils share buyback program and reports strong Q4 earnings, surpassing market expectations. Renewable power production target doubled, with confident growth fueled by stronger cash flow and wider energy offering.
Siemens Energy Reports Profit in Q1 2024
Siemens Energy reports €1.55 billion net income in Q1 2024, with a 13% growth in revenue and a 24% increase in orders. Order backlog at €118 billion.
Snap Shares Plunge as Revenue Growth Disappoints Wall Street
Snap's shares tumbled 31% after disappointing Q4 revenue growth results. Despite this setback, the company has shown overall growth in the past year.
Eurozone Retail Sales Slump in 2023, Highlighting Consumer Struggles
European retail sales faced a challenging year in 2023 as consumers grappled with financial constraints. Germany, France, and Spain experienced decline. The US saw an increase in retail sales, raising hopes for economic growth.
React Group Reports Turnaround with Profit Growth
React Group, the London-listed cleaning company, reports a pretax profit of £50,000 and revenue surge to £19.6 million. Strategic acquisitions and cross-selling strategies contribute to the turnaround.
Hillenbrand Reports Double-Digit Revenue Growth
Industrial company Hillenbrand reports double-digit revenue growth in Q4, with net income of $17.2 million and adjusted earnings of 69 cents per share.
GameStop Shares Experience Largest Decline
GameStop shares suffer the largest decline in two months, reflecting ongoing struggles as an original meme stock. Explore the future of meme stocks in 2024.