Financial Buzz Media Canada

12/29/2022

Southwest Cancellations Continue

$LUV

Backlash regarding Southwest Airlines (NYSE: LUV) operational delay continues as more cancellations take place. Senior

12/28/2022

Metaverse Struggles Amid Sales Decline of VR Headsets

//www.financialbuzz.ca/metaverse-struggles-amid-sales-decline-of-vr-headsets

Meta (NASDAQ: META) CEO Mark Zuckerberg, who has spent billions of dollars developing the metaverse,

12/28/2022

Crypto Exchange Kraken to End Japan Operations

//www.financialbuzz.ca/crypto-exchange-kraken-to-end-japan-operations

Kraken, a digital currency exchange, is set to close down its operations in Japan next

12/27/2022

Nio Slashes Q4 Delivery Guidance Amid Covid Disruptions

$NIO

Nio Inc. (NYSE: NIO) lowered its fourth-quarter outlook for deliveries on Tuesday amid continuous supply

12/27/2022

Southwest Mass Flight Cancellation Incites Scrutiny from Transportation Department

$LUV

Southwest Airlines (NYSE: LUV) canceled an additional 2,500 flights Tuesday and warned that mass disruptions

12/23/2022

Meta to Settle Cambridge Analytica Case for $725 Million

$Meta

Facebook’s parent company, Meta (NASDAQ: META), has agreed to pay USD725 Million to settle an

12/22/2022

Head of United Airlines Pilot Union Steps Down Amid Controversial Comments

$UAL //www.financialbuzz.ca/head-of-united-airlines-pilot-union-steps-down-amid-controversial-comments/

The recently elected head of United Airlines (NASDAQ: UAL) pilots’ union, Neil Swindells, has decided

12/22/2022

Micron to Layoff 10% of Employees and Suspends Bonuses

$MU //www.financialbuzz.ca/micron-to-layoff-10-of-employees-and-suspends-bonuses/

Micron (NASDAQ: MU), a semiconductor maker, reported disappointing first-quarter earnings Wednesday and simultaneously announced it

12/21/2022

AMC Ends Talks to Acquire Cineworld Theatres

$AMC //www.financialbuzz.ca/amc-ends-talks-to-acquire-cineworld-theatres

AMC (NYSE: AMC) announced that it no longer intends to acquire theaters from Regal parent

12/21/2022

Nike Q2 Earnings Top Analysts’ Expectations

Nike (NYSE: NKE) reported second-quarter earnings that surpassed Wall Street expectations and consequently raised its

12/20/2022

U.S. Postal Service to Purchase 66,000 Electric Vehicles by 2028

//www.financialbuzz.ca/u-s-postal-service-to-purchase-66000-electric-vehicles-by-2028

The U.S. Postal Service intends to acquire at least 66,000 electric vehicles as it aims

12/20/2022

Wells Fargo to Pay $3.7 Billion Settlement with CFPB

//www.financialbuzz.ca/wells-fargo-to-pay-3-7-billion-settlement-with-cfpb/

Wells Fargo (NYSE: WFC) has agreed to a USD3.7 Billion settlement with the Consumer Financial

12/19/2022

Meta Faces Possible $11.8 Billion Fine

The European Union on Monday issued Facebook parent company Meta (NASDAQ: META) a list of

12/19/2022

Binance.US to Acquire Bankrupt Voyager’s Assets for $1 Billion

Binance.US (CRYPTO: BNB) is set to acquire crypto assets and customer deposits of Voyager Digital

12/16/2022

Darden Reports Strong Q2 Earnings

Darden Restaurants (NYSE: DRI) reported better-than-expected second-quarter earnings Friday as consumers continued to eat out

12/16/2022

Maxar to be Acquired by Advent International for $6.4 Billion

$MAXR

Maxar (NYSE: MAXR), a space imagery and infrastructure company, announced it will be acquired by

12/15/2022

Uber Eats to Use Autonomous Delivery Robots in Miami

Uber (NYSE: UBER) is incorporating autonomous delivery robots in Miami, Florida. Beginning Thursday, some Miami

12/15/2022

FuboTV Falls Victim to Cyberattack During World Cup Semifinal

$FUBO

FuboTV (NYSE: FUBO) experienced a cyberattack on Wednesday, during the World Cup semifinal match between

12/14/2022

Oracle Tops Second Quarter Earnings

$ORCL

Oracle (NYSE: ORCL) shares rose about 4% during after-hours trading Monday following the report of

12/14/2022

SEC Charges Eight Social Media Influencers in $100K Pump and Dump Scheme

//www.financialbuzz.ca/sec-charges-eight-social-media-influencers-in-100k-pump-and-dump-scheme/

The Securities and Exchange Commission has charged seven social media influencers with securities fraud after

12/14/2022

“Buzz on the Street” Show: Manning Ventures (CSE: $MANN) (OTC: $MANVF) Corporate Update

(Sponsored Financial News Content)

12/13/2022

Modena, Merk Cancer Vaccine Reduced Melanoma Recurrence by 44%

$MRNA
https://www.financialbuzz.com/modena-merk-cancer-vaccine-reduced-melanoma-recurrence-by-44

12/13/2022

United Airlines Places Order for 100 Boeing 787 Dreamliners

$UAL

United Airlines (NASDAQ: UAL) is set to purchase 100 Boeing 787 Dreamliners with the option

12/12/2022

Subaru Recalling over 270,000 SUVs Amid Fire Risk

$FUJHY

Subaru (OTCMKTS: FUJHY) is recalling 271,694 SUVs amid the risk of fire. The automaker is

12/12/2022

Amgen to Acquire Horizon Therapeutics for USD26 Billion

$AMGN $HZNP

Amgen (NASDAQ: AMGN) is set to acquire Horizon Therapeutics (NASDAQ: HZNP) in a deal worth

12/09/2022

Battery Plant Workers Vote to Unionize

$GM

Employees at a General Motors (NYSE: GM) joint venture battery plant in northeast Ohio voted

12/09/2022

Lululemon Offers Weak Holiday Quarter Guidance Despite Strong Q3 Earnings

Lululemon’s (NASDAQ: LULU) third-quarter results Thursday topped wall street expectations. However, the company provided weaker

12/08/2022

FDA Authorizes Covid Omicron Vaccines for Children as Young as 6 Months

The Food and Drug Administration recently authorized Covid shots, that target the omicron variant, for

12/08/2022

GameStop Shares Rise Despite Q3 Earnings Miss

$GME

GameStop (NYSE: GME) reported a decline in third-quarter sales and a dip in its cash

12/07/2022

Carvana Shares Sink Amid Bankruptcy Concerns

$CVNA //www.financialbuzz.ca/carvana-shares-sink-amid-bankruptcy-concerns

Carvana (NYSE: CVNA) shares fell over 40% during trading Wednesday after the car retailer’s biggest

12/07/2022

Paramount Shares Sink after CEO Lowers Fourth-Quarter Ad Revenue Forecast $PARA

Shares of Paramount Global (NASDAQ: PARA) plummeted approximately 8% Tuesday after CEO Robert Bakish reduced

12/06/2022

BuzzFeed to Slash 12% of its Workforce

$BZFD //www.financialbuzz.ca/buzzfeed-to-slash-12-of-its-workforce/

BuzzFeed (NASDAQ: BZFD) announced Tuesday that it will be cutting almost 12% of its workforce,

12/06/2022

Kodiak Robotics Awarded $50 Million Contract to Develop Driverless Army Vehicles

//www.financialbuzz.ca/kodiak-robotics-awarded-50-million-contract-to-develop-driverless-army-vehicles

Kodiak Robotics, a leading self-driving truck startup, disclosed that it has been awarded a two-year,

12/05/2022

Crypto Group Circle & Concord Acquisition Agree to Terminate Merger

$CND **C

Circle Internet Financial (Circle) and Concord Acquisition Corp (NYSE: CND), a special purpose acquisition company,

12/05/2022

VF Corp. Lowers Guidance Following CEO Departure

$VFC

VF Corporation (NYSE: VFC), parent company of The North Face and Timberland, cut its revenue

12/02/2022

CNN Announces Hundreds of Lay Offs

CNN notified hundreds of employees of layoffs on Thursday amid CEO Chris Licht’s efforts to

12/02/2022

Eli Lily Loses FDA Authorization for Covid Bebtelovimab Drug

$LLY

The Food and Drug Administration has pulled U.S authorization for Eli Lilly and Co’s (NYSE: LLY) Covid-19 drug Bebtelovimab.

12/01/2022

Salesforce Shares Fall Following Co-CEO Bret Taylor’s Departure

$CRM

Salesforce (NYSE: CRM) shares plummet about 10% Thursday following Wednesday's earnings report and the news

12/01/2022

Kroger Increases Forecast Amid Strong Q3 Earnings

//www.financialbuzz.ca/kroger-increases-forecast-amid-strong-q3-earnings

Kroger (NYSE: KR) raised its forecast for the year after reporting strong third-quarter earnings. The

11/30/2022

AMC to Layoff 20% of Staff as CEO Christina Spade Steps Down

$AMCX

AMC Networks (NASDAQ: AMCX) is set to lay off approximately 20% of its U.S. staff