Time for a change, PayPal names Enrique Lores as new CEO amid 4th quarter’s results miss estimates PayPal Holdings, Inc. (NASDAQ: PYPL) shares fell over 16% premarket on Tuesday after the digital payments giant reported fourth quarter earnings and revenue that...
Why Switch what works, Nintendo’s Switch is now company’s best-selling console ever Nintendo Switch has become the company’s best-selling console of all time, with lifetime sales reaching 155.37 million units, the Japanese gaming giant announced Tuesday.The...
AMC (NYSE: AMC) reaches debt refinancing agreement AMC Entertainment Holdings Inc. (NYSE: AMC) announced it reached an agreement with holders of its Muvico Senior Secured Notes due 2029 to provide flexibility for refinancing its existing term loan credit agreement and...
Job cuts, Pinterest (NYSE: PINS) to cut workforce as part of AI transformation plan Pinterest Inc. (NYSE: PINS) announced a global restructuring plan that will reduce its workforce by less than 15% and include office space reductions. The company expects to incur...
Eaton (NYSE: ETN) completes $1.55 billion acquisition of Ultra PCS Limited Eaton (NYSE: ETN) completed its acquisition of Ultra PCS Limited from Cobham Ultra Group for $1.55 billion, according to a company statement.Ultra PCS Limited, headquartered in Cheltenham,...
The Bank is open, Affirm applies for limited US bank charter in Nevada Affirm Holdings Inc. (AFRM) has applied for a limited bank charter to expand its financial technology offerings for U.S. customers, the company announced Friday, according to Bloomberg.The San...