Snail, Inc. (NASDAQ:SNAL) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Tony Tian – Co-CEOPeter Kang – COOHeidy Chow – CFOBrett Milotte – SVP, ICR Conference Call Participants Pat McCann – NOBLE Capital Markets Operator Thank you for standing by, and welcome to Snail Inc.’s…

Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce Department reported Thursday.Advanced retail sales accelerated 1% on the month, according to numbers that are adjusted for seasonality but not inflation. Economists surveyed by Dow Jones had been looking for…

Lockheed Martin is buying Terran Orbital, the company announced Thursday, with the defense giant reaching a deal to take the struggling spacecraft manufacturer private.The agreement will see Lockheed acquire Terran at an enterprise valuation of nearly $450 million, below Lockheeed’s previous bid of nearly $600 million in March.Lockheed would acquire…

Co-authored by Treading Softly. When you decide to give somebody a gift, you can often choose between two categories. The first category includes tangible items such as a book, a set of skis, or a television. The second category includes experiences such as an annual pass to your local zoo,…

Check out the companies making headlines in premarket trading. Kellanova — Shares rose more than 6% in the premarket after the foodmaker agreed to be acquired by snackmaker Mars for $83.50 per share in cash. The deal values Kellanova at about $36 billion and is expected to close in the…

Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table in September.The consumer price index, a broad-based measure of prices for goods and services, increased 0.2% for the month, putting…

Note: I have covered Bristow Group Inc. (NYSE:VTOL) previously, so investors should view this as an update to my earlier articles on the company. Last week, leading helicopter services provider Bristow Group or “Bristow” reported strong second quarter results, with both top-and bottom line results outperforming consensus expectations: Company Press…

Check out the companies making headlines before the bell. Starbucks , Chipotle Mexican Grill — Shares of the coffee chain popped more than 11% in the premarket after the company replaced its chief executive, Laxman Narasimhan, with Chipotle CEO Brian Niccol . Chipotle shares were down about 10%. Home Depot…

A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve to start lowering interest rates.The producer price index, which measures selling prices that producers get for goods and services, increased 0.1% on the month, the Labor Department’s Bureau of Labor…

Co-authored with Hidden Opportunities Do you enjoy traveling? I personally enjoy undertaking new adventures, exploring new places, and immersing myself in new experiences. Soaking up different cultures and trying exotic cuisines are among my favorite aspects of traveling to new regions. Preparing for the vacation itself is a part that…