Check out the companies making headlines in midday trading. Norwegian Cruise Line — The cruise ship operator soared 18% on strong forward guidance. Norwegian expects a profit of 12 cents per share in the current quarter, topping analysts' consensus estimate calling for a loss of 20 cents per share,...
Apartments are seen undergoing construction on February 28, 2023 in Austin, Texas. Brandon Bell | Getty ImagesThe apartment market is finally loosening up. At the same time, competition is heating up in some key markets.There is an enormous supply of new apartments coming online this year. And rents have fallen...
Toyota hybrid vehicles for sale at a dealership in Chicago, Feb. 6, 2024.Scott Olson | Getty ImagesHybrid vehicles led the 2024 top vehicle rankings released Tuesday by influential product testing organization Consumer Reports.Such "electrified" vehicles, including plug-in hybrid models, represented six of the top 10 picks by the nonprofit...
President and C.E.O. of Warner Bros. Discovery David Zaslav speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City.Michael M. Santiago | Getty ImagesWarner Bros. Discovery has gone "pencils down" on a potential acquisition of Paramount Global, halting talks after several months...
The Norwegian Viva is docked at PortMiami's Terminal B ahead of its christening ceremony in Miami on Nov. 29, 2023.Richard Tribou | Tribune News Service | Getty ImagesNorwegian Cruise Line Holdings on Tuesday reported its first profitable year since 2019 as fourth-quarter losses narrowed dramatically.The cruise company reported strong...
A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City.Spencer Platt | Getty ImagesCava's stock rose 7% Tuesday morning after the Mediterranean restaurant chain released its earnings report...
For obvious reasons, financial teams can spend a great deal of time on corporate treasury management, accounting and bank reconciliation, so anything that speeds up that process usually garners a lot of interest. Today Embat, a Spanish fintech which does what they call “real-time treasury management”, has closed a financing...