December 1, 2021 9:36 am
Comtech Telecommunications Corp, a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government clientele, said this week that during its first quarter of fiscal 2022 it had been awarded a contract to provide Gateway Mobile Location Center and Location Management Function solutions for a top-tier mobile network […]
Read moreNovember 30, 2021 10:00 am
BP announced on Monday plans to establish a large-scale green hydrogen production facility in northeast England, powered by wind, water and solar energy, as the company seeks to aid Britain’s move away from fossil fuels. Nicknamed HyGreen Teesside, the project is meant to produce 60 megawatt electrical input (MWe) of “green” hydrogen, which is derived […]
Read moreNovember 29, 2021 10:17 am
Seadrill Limited (SDRLF) said last week that it had secured two contracts with Petroleo Brasileiro S.A. for the West Carina and West Tellus rigs for work on the Búzios field offshore Brazil. The company has signed both contracts on a three-year fixed-term basis, with expected commencement in September 2022. The total consideration for the two […]
Read moreNovember 26, 2021 9:59 am
CVB Financial Corp (CVBF), the holding company for Citizens Business Bank, said earlier this week Citizens had obtained regulatory approvals from the Federal Deposit Insurance Corporation and the California Department of Financial Protection and Innovation to finalize its announced merger with Suncrest Bank (SBKK) based in Visalia, California. “We are pleased to have obtained all […]
Read moreNovember 24, 2021 11:44 am
Spotify Technology said on Tuesday that a new hub had been launched, where fans will be able to listen to all the official soundtracks, playlists and podcasts associated with Netflix Inc’s shows. The new hub, which can be accessed by both free and premium listeners, will feature playlists from hit shows such as “Money Heist” […]
Read moreNovember 24, 2021 10:37 am
General Motors Company (GM) said earlier this week it had acquired a 25% stake in Pure Watercraft, while valuing the electric boat startup company at $600 million. The US auto maker is offering $150 million in a combination of cash and payment-in-kind, which includes access to GM’s components and assistance with manufacturing, in exchange for […]
Read moreNovember 23, 2021 9:35 am
Astra Space Inc (ASTR) has successfully completed its first commercial orbital launch for the United States Space Force from its Pacific Spaceport Complex in Kodiak, Alaska, on November 19th, it said. Astra’s launch system successfully demonstrated the orbital placement of a test payload to an inclination of 86.0 degrees at an altitude of 500 km. […]
Read moreNovember 22, 2021 9:19 am
CleanSpark Inc (CLSK), a sustainable bitcoin mining and energy technology company, said last week that it had purchased additional 2,597 units of the Antminer S19 bitcoin mining machines. Machine delivery is scheduled to be immediate and adds to the 2,711 rigs already bought and scheduled for delivery later in November. At present, the company operates more than […]
Read moreNovember 18, 2021 10:27 pm
Macy’s Inc’s (M) fiscal third-quarter results, reported on Thursday, outstripped Wall Street estimates, while the retailer revised up its full-year sales and earnings forecasts. The company’s net sales surged 36.3% year-on-year to $5.44 billion in the fiscal third quarter, while exceeding a consensus of analyst estimates of $5.2 billion. The group’s adjusted earnings for the […]
Read moreNovember 18, 2021 8:34 am
CURO Group Holdings Corp (CURO), a tech-enabled, omni-channel consumer finance company providing services to non-prime and prime consumers in the United States and Canada, said on Wednesday that it had entered into a definitive agreement to acquire Heights Finance from private equity firm Milestone Partners for a total consideration of $360 million – $335 million […]
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