Southwest Airlines cut 15% of its corporate workforce as it tries to rapidly reduce overhead costs to become a “leaner” company. The airline said that the layoffs primarily target corporate overhead and leadership positions, including senior leadership and director roles. In total, 1,750 jobs will be affected, including 11 senior leadership positions, as the carrier strives to build a “leaner and more agile organization” under its transformational plan.“We are at a pivotal moment as we transform Southwest A ...

Dublin, Feb. 19, 2025 (GLOBE NEWSWIRE) -- The "Vietnam Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (Q4 2024)" report has been added to ResearchAndMarkets.com's offering. Vietnam's construction industry was estimated to expand by 7.2% in 2024, supported by government spending on housing, energy, and transportation infrastructure to alleviate the country's extreme congestion and ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Innovative Industrial Properties To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Innovative Industrial Properties between February 27, 2024 and December 19, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for add ...

Blackbaud, Inc. (BLKB) reported fourth-quarter 2024 non-GAAP earnings per share (EPS) of $1.08, which was in line with the Zacks Consensus Estimate. The bottom line decreased 5.3% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Total revenues jumped 2.5% year over year to $302.2 million. The top line missed the Zacks Consensus Estimate by 0.9%.Total recurring revenues (contributed 98% to total revenues) in the reported quarter amounted to $296.2 million, up 3.1% year ...

Shares of Arch Capital Group Ltd. (ACGL) are trading at a premium to the Zacks Property and Casualty Insurance industry. Its price-to-book value of 1.66X is higher than the industry average of 1.63X. It has a Value Score of B.Image Source: Zacks Investment ResearchShares of The Travelers Companies, Inc. (TRV) are also trading at a multiple higher than the industry average, while NMI Holdings Inc (NMIH) and Cincinnati Financial Corporation (CINF) shares are trading at a discount.Arch Capital shares have gain ...

Bumble is discontinuing its two acquired apps, the dating and relationship apps Fruitz and Official. The move was shared during the company’s fourth-quarter earnings call.As explained by CEO Lidiane Jones during the call, the choice to discontinue Fruitz, a French dating app, and Official, an app designed to help couples strengthen their relationships, allows the company to focus on its core businesses, Bumble and Badoo.  However, the move appears to contradict the company’s previous statements made in the ...

Falcon Gold Corp. Completes Road Plowing, Mobilizes Drill EquipmentAnnounces Drilling to Commence This Weekend at Great Burnt ProjectFebruary 19, 2025 10:31 AM EST | Source: Falcon Gold Corp.Toronto, Ontario--(Newsfile Corp. - February 19, 2025) - Falcon Gold Corp. (TSXV: FG) (OTC Pink: FGLDF) (FSE: 3FA) ("Falcon" or the "Company") is pleased to announce that it has successfully completed road plowing and access improvements at its Great Burnt Copper-Gold Project in Central Newfoundland. Despi ...

SeriesRIKB 38 0215ISINIS0000037265Maturity Date02/15/2038Auction Date02/21/2025Settlement Date02/26/202510% addition02/25/2025 Buyback issueRIKB 25 0612Buyback price (clean)99.8400 On the Auction Date, between 10:30 a.m. and 11:00 a.m., the Government Debt Management will auction Treasury bonds in the Series, with the ISIN number and with the Maturity Date according to the table above. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%. The Treas ...

Key TakeawaysShares of online retailer Etsy fell Wednesday after revenue and sales on the platform came in below estimates in the fourth quarter.Revenue hit a quarterly record, but fell short of expectations as gross merchandise sales declined year-over-year.The company also expects GMS to decline in the first quarter "at a rate similar" to the nearly 7% drop it saw in the fourth quarter. Etsy (ETSY) shares slumped on Wednesday morning after the online selling platform's revenue and number of active buyers ...

SINGAPORE, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Orderly, a permissionless liquidity layer that delivers deep, unified liquidity across all blockchains, has announced the integration of its omnichain liquidity infrastructure with Monad, the high-performance EVM Layer 1 blockchain. This integration ensures that projects building within the Monad ecosystem, including decentralized exchanges, can access deep liquidity on demand. By integrating Orderly’s liquidity infrastructure, developers on Monad can leverage a ...