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WeWork posts $900m loss as it plots stock market listing

2019-08-14 16:21:42| BBC News | Business | UK Edition

It plans to list its shares next month, but it has not yet indicated where the listing will take place.

Tags: posts market stock listing


Avaya posts quarterly loss of USD 633 mln on impairment, sees takeover talks concluded in month

2019-08-13 13:34:00| Telecompaper Headlines

(Telecompaper) Avaya reported a net loss of USD 633 million for its fiscal third quarter to June, hurt by an impairment charge of USD 657 million to write down goodwill at its Products & Solutions division due to reduced prospects. The company also withdrew its long-term outlook, saying this will be updated after it completes its evaluation of takeover offers, expected in the next 30 days. 

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Chesapeake Energy Posts Bigger-than-expected Quarterly Loss

2019-08-06 14:25:08| OGI

Natural gas makes up for a majority of Chesapeake Energy's production. But the company has been shifting its focus to oil production as gas prices have been pressured.

Tags: posts loss energy quarterly


Wellness Shots for Weight Loss

2019-08-02 21:34:00| Happi Breaking News

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Hess Loss Smaller Than Expected On Higher Bakken Output

2019-07-31 15:04:44| OGI

Production rose about 23% to 140,000 barrels of oil equivalent per day (boe/d) from Bakken and about 38% to 65,000 boe/d from the Gulf of Mexico.

Tags: higher loss expected output


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