Global Focus Financial News

By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -Major airline chiefs plan to hold discussions with Boeing (NYSE:BA) board chair Larry Kellner in meetings that will not include CEO David Calhoun after raising concerns over an Alaska Airlines mid-air emergency and ongoing production issues, sources said. A group of U.S. airline CEOs sought meetings...

By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end and lowering the top, as cost cuts take hold and share buybacks help offset less business from its largest customer, the U.S. Postal Service. Shares of the parcel delivery firm jumped 13% in extended trading...

By Ananya Mariam Rajesh and Katherine Masters (Reuters) -Nike warned on Thursday that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world\'s largest sportswear maker scales back on franchises to save costs. Nike (NYSE:NKE)\'s warning came after the stock market closed, and shares were down...

Michael Elbaz, the Chief Financial Officer of Airgain Inc . (NASDAQ:AIRG), a leading provider of advanced wireless connectivity technologies and systems, has recently sold a portion of his company stock, according to the latest regulatory filings. The transactions, which occurred on March 21, 2024, involved the sale of Airgain shares for a total value exceeding...

In a recent transaction, Ali Sadri, the Chief Technology Officer of Airgain Inc (NASDAQ:AIRG), sold a total of $27,456 worth of company stock. The sales occurred on March 21, 2024, with the shares sold at prices ranging narrowly between $5.1043 and $5.1044. The transaction was reported in a Form 4 filing with the Securities and...

Airgain Inc . (NASDAQ:AIRG) President and CEO Jacob Suen has recently sold a total of 10,639 shares of the company\'s common stock, with the transactions amounting to over $54,000. The sales occurred on March 21, 2024, and were executed at prices ranging from $5.1032 to $5.1043 per share. The transactions were carried out to cover...

Intuit Inc.\'s (NASDAQ:INTU) Executive Vice President and Chief Technology Officer, Alex G. Balazs, has sold a total of 280.092 shares of the company\'s common stock on March 20, 2024, with the transactions valued at over $178,000. The shares were sold at prices ranging from $636.38 to $636.39. This sale was disclosed in a regulatory filing...

-- Luggage maker Samsonite International SA (HK:1910) said on Friday that its board had authorized plans to seek a dual listing beyond its Hong Kong markets, although the move was still in a nascent stage.  The Luxembourg-based, Hong Kong-listed company said in a press release that it was considering a dual listing model. But Samsonite...

In a series of transactions, Corre Partners Management, LLC and its affiliated funds have increased their stake in Team Inc (NYSE:TISI), a provider of specialized industrial services, with purchases totaling around $324,000. The transactions, which took place over three consecutive days, reflect a bullish stance from the investment manager on the company\'s stock. On March...