Sam Bankman-Fried’s Alameda, Voyager Digital are headed to bankruptcy court
Sam Bankman-Fried, co-founder and CEO of FTX, in Hong Kong, China on Tuesday, May 11, 2021. Lam Yik | Bloomberg | Getty Images Sam Bankman-Fried became a crypto billionaire and one of the most famous players in the industry by creating cryptocurrency exchanges FTX in a primary site used by traders and investors. His company was valued at $32 billion in January and currently has over a million users averaging nearly $10 billion in the daily trading volume. But it is still privately owned, so the public does not know to what extent it has been harmed by the “crypto…
Read More »Bakkt appoints Karen Alexander as CFO
ALPHARETTA, Ga.–(BUSINESS THREAD)–Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform that unlocks cryptography and fosters loyalty to create delightful, connected experiences for a wide range of customers, announced that Karen Alexander, interim CFO, has been named CFO. Bakkt official. Ms. Alexander assumed the role of interim CFO on May 23, 2022 and previously served as Bakkt’s chief accounting officer. “I am pleased to welcome Karen to the role of Chief Financial Officer,” said Gavin Michael, president and CEO of Bakkt. “With Karen’s expansive industry experience and intimate knowledge of our company’s finances, she is perfectly suited to continue driving…
Read More »Phoenix Motor Inc. announces the schedule of financial results for the second quarter of 2022 and a conference call
ANAHEIM, Calif.–(BUSINESS THREAD)–Phoenix Motor Inc. (Nasdaq: PEV) (“Company” or “Phoenix Motorcars”), a leading manufacturer of all-electric and medium-duty vehicles, today announced that it will release its results for the second quarter of 2022 after the market closes on Monday August 15, 2022. This release will be followed by a conference call for investors at 5:00 PM ET on the same day. The conference will have comments prepared by Dr. Lance Zhou, CEO, Chris Wang, CFO, and Mark Hastings, Vice President and Head of Investor Relations. You can access the call through the following information: Event: Phoenix Motorcars Q2 2022 Financial…
Read More »Prudential Financial declares a quarterly dividend on common stock
NEWARK, NJ–(BUSINESS THREAD)–Prudential Financial, Inc. (NYSE: PRU ) today announced the declaration of a quarterly dividend of $1.20 per share of common stock, payable on September 15, 2022, to stockholders of record at the close of business on August 23, 2022 . . . Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and leading global investment manager with more than $1.4 trillion in assets under management as of June 30, 2022, has operations in the United States, Asia, Europe and Latin America. Prudential’s diverse and talented employees help improve lives and create financial opportunity for more people by…
Read More »Lexaria Bioscience Corp. (NASDAQ: LEXX) developing a powerful technology to treat hypertension
This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purpose of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. for GlobeNewswire Route route links GlobeNewswire Author of the article: Content of the article NEW YORK, Aug. 9, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Lexaria Bioscience Corp. (NASDAQ: LEXX) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of more than 50 trusted brands of InvestorBrandNetwork (“IBN”), a multifaceted financial news and publication company for private and public entities. To view the full…
Read More »The Sheridan Hawks hockey team is walking a financial tightrope | Local news
SHERIDAN — For a total of four seasons, the Sheridan Hawks hockey team has been walking a $300 tightrope between breaking even and coming up short. Due to the fact that this is a junior team, there is little or no profit, so Sheridan Hawks president Brent Milner said his job has been to keep the organization afloat, with a goal of raising $300,000 annually. The team relies on a number of fundraisers, including the Sheridan Hawks Cup Golf Tournament and a variety of auctions. This year’s golf tournament will take place on August 12th, with registration starting at 11am…
Read More »VistaGen Therapeutics to report first quarter fiscal 2023 financial results on August 11, 2022
SOUTH SAN FRANCISCO, California–(BUSINESS THREAD)–VistaGen Therapeutics, Inc. (NASDAQ: VTGN), a clinical-stage biopharmaceutical company that aims to transform the treatment landscape for people living with anxiety, depression and other central nervous system (CNS) disorders, today announced that it will host a conference call and a webcast on Thursday, August 11. 2022 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to report financial results for the first quarter of fiscal year 2023 that ended June 30, 2022. Event: VistaGen Therapeutics Q1 FY2023 Financial Results Conference Call Date: Thursday, August 11, 2022 Time: 2:00 pm Pacific Time (5:00 pm Eastern Time) Dialing…
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GLOBALFOUNDRIES (NASDAQ:GFS) issues Q3 2022 earnings guidance
GLOBALFOUNDRIES (NASDAQ:GFS – Get a score) on Tuesday morning issued an update on its Q3 2022 earnings guidance. The company provided EPS guidance of $0.59 to $0.65 for the period, compared to the estimate consensus earnings per share of $0.44. The company issued revenue guidance of $2.04 billion to $2.06 billion, compared to the consensus revenue estimate of $1.99 billion. GLOBALFOUNDRIES also upgraded its Q3 guidance to $0.59-$0.65 EPS. GLOBALFOUNDRIES share performance GFS traded down $3.34 during trading on Tuesday, hitting $55.85. The company’s stock had a trading volume of 74,709 shares, compared to its average volume of 2,454,640. The…
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