The move is expected to generate annualized savings of $15.5 million but will come with a one-off restructuring cost of $97 million, the company said. CEO Mark van Dyck, who took over three months ago ...

Investing.com-- U.S. stock index futures fell on Thursday evening, weighed chiefly by losses in Amazon after the internet giant presented a weak revenue outlook for the current quarter.

Investing.com-- Nike (NYSE: NKE) shares fell on Thursday following an investor meeting with CEO Elliott Hill and CFO Matt Friend.

Tempur's $1.6 billion senior secured term loan B was also assigned a 'BBB-' issue-level rating. The recovery rating is '1', indicating a very high recovery expectation of 90%-100%. Both tranches of ...

This news marks a significant downturn for Nikola, which has faced scrutiny and challenges since its public listing. The potential move towards bankruptcy indicates severe financial distress and has ...

The Treasury Department has given Musk access to personal private information, state bank account data, and other sensitive data within the past week. Musk, known as the world's wealthiest individual, ...

Looking ahead, Leslie's provided disappointing guidance for both the second quarter and full fiscal year 2025. For Q2, the company expects revenue between $179-189 million, below the consensus of $189 ...

SAN JOSE, Calif. - Lumentum Holdings Inc . (NASDAQ: LITE) reported better-than-expected fiscal second-quarter results on Thursday, but shares tumbled 5% as the earnings beat failed to meet high ...

Ratings has upgraded the senior unsecured note rating of Match Group (NASDAQ:MTCH) Holdings II, LLC, a wholly-owned subsidiary of Match Group, Inc., to Ba2 from Ba3. The credit rating agency also ...

S&P Global Ratings could further downgrade WW if the company misses a principal or interest payment or announces any type of debt restructuring transaction viewed as distressed and tantamount to a ...

Investing.com -- Paysafe stock surged higher Thursday following a report from Bloomberg that said the online payments firm is ...

Looking ahead, Digi International expects second-quarter EPS to be between $0.46 and $0.50, aligning with the consensus estimate of $0.48. The company has set a goal to grow its ARR to $200 million ...