Tag: Corporate stock
Japan’s Toyota, Isuzu, Hino join in truck technology tie up
TOKYO — Japanese automakers Toyota, Isuzu and Hino said Wednesday they are setting up a partnership in commercial vehicles to work together in electric,...
GameStop weighing stock offering to fund transformation
GameStop is considering selling some of its shares, a move that would enable the video-game retailer to capitalize on the massive surge in its...
Frontier Airlines gives more details around stock offering
DENVER — Frontier Airlines said Tuesday it expects to raise about $630 million from an initial public offering of a small portion of its...
GameStop’s 4Q earnings, sales fall short of Street’s views
A hefty tax benefit helped drive GameStop’s fiscal fourth-quarter profit sharply higher, but the video-game retailer’s sales declined despite a surge in its online...
Stock trading app company Robinhood files plan to go public
CHARLOTTE, N.C. — Stock trading app company Robinhood said Tuesday that it has submitted a confidential plan to go public later this year.
...
Saudi oil giant Aramco reports 30% drop in payments to state
DUBAI, United Arab Emirates — Saudi Arabia’s state-backed oil giant Aramco paid the Saudi government 30% less in taxes in 2020, the company reported...
A very happy anniversary for the stock market
NEW YORK — It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its...
Canadian Pacific agrees to buy Kansas City Southern for $25B
NEW YORK — Canadian Pacific Railway Ltd. has agreed to buy Kansas City Southern for $25 billion in cash and stock, creating the first...
Port operator DP World sees 2020 profits drop 29% amid virus
DUBAI, United Arab Emirates — Dubai-based port operator DP World announced Thursday its profits slid 29% in 2020 from the previous year to $846...
Coupang, the Amazon of South Korea, makes its debut on NYSE
The biggest IPO in years is rolling out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in...