… appear headed for a split after scrutiny in a state audit and in other reports documented sloppy accounting, questionable purchases, and risky loans.
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The company had a net loss of $287 million. On an adjusted Ebitda basisâearnings before interest, taxes, depreciation, and amortizationâSnap lost $2 million, well ahead of the company’s forecast of a loss of $50 million to $70 million.
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Delta said it is buying 25 additional Airbus A321neo jetliners, bringing its total firm orders for the plane to 125. Delta expects to take delivery of the first A321neo in the first half of 2022. In this article. DAL. Ed Bastian, chief executive officer of Delta Air Lines Inc., …
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Charles Schwab revised its guidance for integration plans for TD Ameritrade in light of unprecedented investor activity in the first quarter, which broke records and boosted assets, but also strained resources. The company now expects that the integration may …
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Wall Street is skeptical President Joe Biden’s expected proposal to hike capital gains taxes could pass the Senate, but investors see risks that tax-motivated selling could still weigh on technology and other sectors that skyrocketed during the pandemic.
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