Ruling New Democracy Party Wins Greek Parliamentary Elections Greece’s ruling New Democracy party, headed by conservative prime minister Kyriakos Mitsotakis, has won the parliamentary elections. With almost all the votes counted, the centre-right party won 41 percent of the vote, but they are still five seats short of a majority. Under the new proportional representation system, a party needs to […]

Oil Prices Gain As Dollar Eases On US Debt Deal Hopes Oil prices were a tad higher on Friday after falling more than 3 percent on Thursday as Russia played down the prospect of additional output cuts by OPEC+. Benchmark Brent crude futures were up 0.2 percent at $76.39 a barrel, while WTI crude futures were up 0.4 percent at […]

ProSiebenSat.1 Media Posts Adj. Loss In Q1, Adj. EBITDA Down; Backs FY23 Forecast ProSiebenSat.1 Media SE (PBSFF.PK) reported Friday that its first-quarter adjusted loss was 15 million euros, compared to previous year’s profit of 38 million euros. Adjusted EBITDA decreased to 53 million euros from prior year’s 112 million euros. Group revenues were down 13% to 816 million euros from […]

Empower Brands Recalls Waffle Makers After 34 Burn Injuries Empower Brands has recalled nearly half a million PowerXL Stuffed Wafflizer waffle makers due to risk of getting burned. According to the Consumer Products Safety Commission, hot pieces of the waffle or stuffing can be expelled from the waffle maker during use or upon opening the product, posing a burn risk […]

Facebook Owner Meta Conducts Final Round Of Layoffs Meta Platforms, Inc. (META) has begun its third round of layoffs, which is expected to impact nearly 6,000 employees, as the tech giant continues to massively restructure to save costs. The latest round of layoffs was expected as Meta founder and CEO Mark Zuckerberg had announced in a March blog post that […]

H&R Block Gains After Forbes Lists As Best Employer For New Graduates H&R Block, Inc. (HRB) shares are gaining more than 3 percent on Wednesday morning trade after the company after Forbes listed the company as the Best Employer for New Graduates for the fifth time. Currently, shares are at $29.99, up 3.88 percent from the previous close of $29.24 […]

Lifecore Biomedical Signs $150 Mln Refinancing Agreement With Alcon Shares of Lifecore Biomedical, Inc. (LFCR) are gainig over 23% on Tuesday morning after announcing a $150 million refinancing agreemnt with long-term customer Alcon. LFCR is currently trading at $6.63, up $1.27 or 23.69%, on the Nasdaq, on a volume of 2 million shares, above average volume 0.9 million. The stock […]

Alarm Acquires EBS For Undisclosed Sum Alarm.com Holdings, Inc. (ALRM), an IoT solution provider, announced on Monday that it has acquired EBS, a Polish security communicator manufacturer. Financial terms of the deal are not yet known. The deal is expected to help expand Alarm’s support for legacy security control panels and EBS to gain access to a robust global network, […]

UK Economy Grows For Second Quarter In A Row UK economy expanded for the second straight quarter, in line with expectations, though output shrunk unexpectedly in the month of March, preliminary data from the Office for National Statistics showed Friday. Gross domestic product grew 0.1 percent from the fourth quarter, when it expanded at the same pace. Services sector expanded […]

Wegman's Italian Classics Diavolo Pasta Sauce Recalled LiDestri Foods Co. is recalling 24-ounce jars of Wegman’s Italian Classics Diavolo pasta sauce as it may contain undeclared fish (anchovy), the U.S. Food and Drug Administration announced. The product can be identified as a mason jar with red pasta sauce, called Diavolo. The affected product comes with UPC 077890222409, and the only […]