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BofA Finds Value in Ukraine Bonds as Restructuring Seen on Track
Bloomberg· 3 hours agoHave a confidential tip for our reporters? Ukraine’s dollar bonds offer notable upside as the nation...
Nidec posts unexpected quarterly loss, hit by restructuring costs amid China EV war
Reuters via Yahoo Finance· 6 hours agoTOKYO (Reuters) -Japanese electric motor maker Nidec on Tuesday posted an unexpected operating loss...
Automotive Seating Maker Adient To Slash Jobs In Europe - Adient (NYSE:ADNT)
Benzinga· 2 hours agoAdient has put forward restructuring plans in Europe to reduce operating, administrative and...
Nidec Corp. Posts Net Loss on EV-Motor Business Restructuring
The Wall Street Journal· 6 hours agoNidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle...
Tritium, major supplier of EV fast-charging equipment, is insolvent
Canary Media· 6 hours agoTritium, an Australian high-speed EV-charging equipment manufacturer with a large-scale factory in...
Fisker May Seek Bankruptcy Protection in 30 Days if Unable to Meet Debt Obligations
US News & World Report· 32 minutes agoThe cash-strapped EV startup said it had failed to make an interest payment of about $8.4 million on some notes due in 2026 during a 30-day grace period. The startup has been facing mounting ...
Alphabet Stock Has 14% Upside, According to 1 Wall Street Analyst.
Motley Fool via Yahoo Finance· 19 minutes agoAlphabet has been working to achieve "durable cost savings" this year as it tries to reduce its...
Faded Sun Art Seeks To Shine Again In China’s Changing Grocery Market
Seeking Alpha· 2 hours agoSun Art lost 1.7 billion yuan in its latest fiscal year, as it tries to overhaul its business in the...
Xerox Holdings Corp (XRX) Faces Challenges in Q1 2024, Misses Analyst Forecasts
GuruFocus.com via Yahoo Finance· 1 hour agoStrategic Initiatives and Market Adaptation Despite the disappointing results, CEO Steve Bandrowczak...
BenevolentAI lays off 30% of staff, exits US site as funding gap looms
FierceBiotech· 1 hour agoEleven months after restructuring, the AI-enabled drug developer is pulling another pivot, axing plans to launch software products, laying off another 30% of staff and closing ...