Rampup costs weigh on Q1 but Airbus hikes A350 output goal Airbus posted weaker-than-expected first-quarter operating profit and cashflow as it hires more staff to prepare for rising demand, but reaffirmed its financial goals for 2024 despite a nervous start ... 04/25/2024 - 10:55 am | View Link
Raymond James Q2 profit rises on strong capital markets performance Raymond James on Wednesday posted a 11% rise in second-quarter adjusted profit, powered by strong performance in its capital markets business on the back of a rebound in mergers and acquisitions. 04/24/2024 - 10:19 am | View Link
Red Lobster considers bankruptcy to deal with leases and labor costs Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to people with knowledge of the matter. Red Lobster has been getting ... 04/17/2024 - 11:36 pm | View Link
Red Lobster May File for Bankruptcy as Labor Costs Skyrocket: Report Red Lobster posted an operating loss of more than $11 million in the third quarter, with the deal cited as a contributing factor. Rising minimum wage rates have made labor costs an issue for the ... 04/17/2024 - 5:41 pm | View Link
Red Lobster Is Considering Bankruptcy Partly Due to $11 Million Loss from Endless Shrimp Deal: Report This comes after Red Lobster reported a $12.5 million operating loss in the fourth ... to make money with their current leases and labor costs, and are currently seeking advice from commercial ... 04/17/2024 - 4:23 am | View Link