Spirit Airlines To Cut Jobs As It Plans To Reduce Capacity By 25% Amid Financial Woes: Report - Spirit Aviation Holdings (OTC:FLYYQ)
Benzinga· 2025-09-18 05:32
Group 1 - Spirit Airlines is planning to reduce its workforce and cut capacity by over 25% year-over-year due to ongoing financial difficulties [1][4] - CEO Dave Davis indicated that the company will focus on its strongest markets, which will lead to a more efficient airline and affect team sizes [2] - The airline is in discussions with labor unions regarding potential job cuts, with some pilots taking voluntary unpaid leave and others facing furloughs and demotions [3] Group 2 - Spirit Airlines has filed for bankruptcy for the second time this year, projecting a loss of $257 million in June and having maxed out its $275 million credit facility [4] - After emerging from its first bankruptcy in March, Spirit still carries approximately $2 billion in debt and aircraft leasing expenses [5]
Is Seagate Technology Stock Outperforming the S&P 500?
Yahoo Finance· 2025-09-18 05:31
Singapore-based Seagate Technology Holdings plc (STX) engages in the provisioning of data storage technology and infrastructure solutions in Singapore, the U.S., and internationally. With a market cap of approximately $45 billion, Seagate operates as one of the largest manufacturers of hard disk drives (HDDs) in the world. Companies with a market cap of $10 billion or more are categorized as "large-cap stocks." Seagate fits this description perfectly, with its market cap exceeding this threshold, reflecti ...
Sampo plc’s share buybacks 17 September 2025
Globenewswire· 2025-09-18 05:30
Sampo plc, stock exchange release, 18 September 2025 at 8:30 am EEST Sampo plc’s share buybacks 17 September 2025 On 17 September 2025, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows: Sampo plc’s share buybacksAggregated daily volume (in number of shares)Daily weighted average price of the purchased shares*Market (MIC Code) 5,8249.81AQEU 113,3529.81CEUX 32,1619.81TQEX 177,3199.81<td style="width: ...
Implementation of a share buyback program
Globenewswire· 2025-09-18 05:30
IMPLEMENTATION OF A SHARE BUYBACK PROGRAM Saint-Ouen, 18 September 2025, 7:30 a.m. (CET) Nexity announces the implementation of a share buyback program, pursuant to the authorization granted at the Shareholders’ General Meeting held on 22 May 2025. The buyback mandate covers a maximum of 200,000 shares. These shares will be fully allocated to cover free share plans, particularly in the context of employee share ownership schemes. NEXITY, LIFE TOGETHERWith €3.5 billion in revenue in 2024, Nexity has a natio ...
Concurrent Publications in Nature and Nature Medicine Highlight Advances in Blood Pressure Regulation after Spinal Cord Injury Using ONWARD ARC-IM Therapy
Globenewswire· 2025-09-18 05:30
Detailed results from clinical feasibility studies show immediate improvement in blood pressure stability and durable reduction of hypotensive symptoms, resulting in improved quality of life Most people living with spinal cord injury experience blood pressure instability, which represents a key unmet needToday’s concurrent publications provide clinical evidence for ARC-IM® Therapy ahead of the Company’s planned initiation of the Empower BP global pivotal trial later this year EINDHOVEN, The Netherlands, Sep ...
Concurrent Publications in Nature and Nature Medicine Highlight Advances in Blood Pressure Regulation after Spinal Cord Injury Using ONWARD ARC-IM Therapy
Globenewswire· 2025-09-18 05:30
Detailed results from clinical feasibility studies show immediate improvement in blood pressure stability and durable reduction of hypotensive symptoms, resulting in improved quality of life Most people living with spinal cord injury experience blood pressure instability, which represents a key unmet needToday’s concurrent publications provide clinical evidence for ARC-IM® Therapy ahead of the Company’s planned initiation of the Empower BP global pivotal trial later this year EINDHOVEN, The Netherlands, Sep ...
Roche to Buy 89bio for Up to $3.5 Billion
WSJ· 2025-09-18 05:29
The deal seeks to strengthen the drugmaker's pipeline by adding an experimental drug for an obesity comorbidity. ...
European markets set for a positive open as traders assess Fed interest rate cut
CNBC· 2025-09-18 05:25
The Bank of England (BOE) in the City of London, UK, on Monday, Dec. 16, 2024.LONDON — European stocks are expected to open higher on Thursday, as traders evaluate the U.S. Federal Reserve's rate cut on Wednesday.The U.K.'s FTSE index is seen opening 0.18% higher, Germany's DAX up 0.65% France's CAC 40 up 0.37% and Italy's FTSE MIB up 0.31%, according to data from IG.Global markets are assessing the Fed's decision to cut its benchmark overnight lending rate by 25 basis points on Wednesday.In an 11-to-1 vote ...
Opportunities In The Insurance Sector (Part 2): Globe Life Baby Bond
Seeking Alpha· 2025-09-18 05:25
we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alph ...
How the Fed rate cut creates a bigger gap in returns
Youtube· 2025-09-18 05:23
[Music] Welcome to Stocks in Translation, Yahoo Finance's video podcast that cuts through the market mayhem, the noisy numbers, and the hyperbole to give you the information you need to make the right trade for your portfolio. I'm Jared Blickery, your host, and with me is Yahoo Finance senior reporter Ally Canal, who's here to keep the discussion honest and easy to understand. And with the big Fed decision still in focus, we're asking how a shift down in market rates meets an AI fueled earnings boom and wha ...