Avis Budget Group Inc., the rental-car company, is looking to sell bonds to help it get through the shutdown of the travel industry during the coronavirus pandemic, according to people with knowledge of the situation. The company is negotiating an amendment …
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The shareholders for First Horizon and IberiaBank have officially approved the merger of equals. Memphis-based First Horizon National Corp. announced the approval Friday, April 24. The companies anticipate the merger — which was first announced in …
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Attorneys for Facebook and its WhatsApp subsidiary have challenged a plea from spyware maker NSO Group to dismiss the high-level hacking case the two are fighting out, arguing it has immunity from prosecution. Facebook sued the Israel-based NSO …
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Shares of Peloton (NASDAQ: PTON) have popped today, up by 8% as of 3 p.m. EDT, after the company reportedly set a new record number of people streaming a workout class. The COVID-19 crisis is driving interest in Peloton classes as consumers stay …
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Mild winter weather was largely the reason that revenue, net income and earnings per share (EPS) declined sharply for FirstEnergy in the first quarter of 2020. The Akron, Ohio-based company, however, said it expected the results and they came in right about …
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