“We’re confident that Christie St. Martin’s exceptional background in the digital gaming industry will positively impact our innovative expansion efforts and brand development in the digital frontier,” said Ray Pineault, President and Chief Executive Officer of Mohegan Gaming & Entertainment. “MGE has always focused on providing our customers with cutting-edge technologies and having a strong… Continue reading In the Midst of Strategic Digital Growth, Mohegan Gaming & Entertainment Appoints Vice President, Online Marketing
Tag: Financial Results
Photo and video editing app Picsart turns unicorn after SoftBank-led $130m funding …
Picsart, a photo and video editing app, was valued at over $1 billion on Thursday after SoftBank Vision Fund 2 led a $130 million funding round in the San Francisco-based company. Venture capital firms GSquared and Tribe Capital also took part in the Series C round, along with existing investors Sequoia Capital, DCM, Graph and… Continue reading Photo and video editing app Picsart turns unicorn after SoftBank-led $130m funding …
Lordstown Surges 24% on Naming Former Icahn Executive Ninivaggi as CEO
By Dhirendra Tripathi Investing.com – Lordstown Motors stock (NASDAQ:RIDE) soared 24% Thursday after the beleaguered electric vehicle maker announced the appointment of a former Icahn Enterprises executive as its chief executive officer. Daniel Ninivaggi is the former CEO of Icahn Enterprises, a diversified holding company controlled by billionaire investor Carl C. Icahn. He has held… Continue reading Lordstown Surges 24% on Naming Former Icahn Executive Ninivaggi as CEO
Rexnord (RXN) Up 22.2% in Past 3 Months: What’s Driving the Rally?
Rexnord Corporation’s RXN performance has been impressive over the past three months, which is evident from a 22.2% increase in its share price. Presence across diversified end markets, healthy demand for products, buyouts, footprint-repositioning programs and strong capital-allocation strategies supported positive market sentiments for the company. The Milwaukee, WI-based company, with $7.3 billion of market… Continue reading Rexnord (RXN) Up 22.2% in Past 3 Months: What’s Driving the Rally?
Top Industrial Stocks for September 2021
Motley Fool Why Nordstrom Stock Crashed Today Shares of Nordstrom (NYSE: JWN) plunged 17.6% on Wednesday, following the release of the retailer’s second-quarter financial report. Revenue from Nordstrom’s namesake brand surged 127%, while sales for its Nordstrom Rack brand increased 61%. “We capitalized on improving customer demand with focused execution, healthy inventory sell-through, and continued expense… Continue reading Top Industrial Stocks for September 2021
Point Pickup acquires e-commerce platform GrocerKey for $42M to allow for same-day delivery
Point Pickup Technologies, a last-mile delivery service, has acquired white label e-commerce platform GrocerKey for $42 million, according to the company. With the acquisition, Point Pickup now allows retailers to offer same-day delivery, from purchase to fulfillment to delivery, under their own brand name, rather than under third parties like Instacart. Instacart made a killing… Continue reading Point Pickup acquires e-commerce platform GrocerKey for $42M to allow for same-day delivery
Taste & Theory Restaurant Group Offers Total Solutions for Food and Beverage Concepts and Branding
PLANO, Texas, Aug. 26, 2021 /PRNewswire/ — Aimbridge Hospitality, a global hospitality company, and its lifestyle division, Evolution Hospitality, announce the newly created Taste & Theory Restaurant Group. Taste & Theory will be reimagining hospitality concepting through experience, innovation, performance, and unwavering passion to drive revenue and results. A total solution for concepting restaurants, bars and… Continue reading Taste & Theory Restaurant Group Offers Total Solutions for Food and Beverage Concepts and Branding
ALYI 2021 EV Ecosystem Revenue Anticipated From Multiple Business Lines
DALLAS, Aug. 26, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced that in addition to the expected revenue from ALYI’s previously announced EV motorcycle business in Kenya, ALYI expects to begin converting its waiting list for Retro Revolt Electric Motorcycles into orders before the end of the year. The company confirms it… Continue reading ALYI 2021 EV Ecosystem Revenue Anticipated From Multiple Business Lines
LA Auto Show® 2021 Opens Registration For Its Global Media And Industry Gathering–Automobility LA®
LOS ANGELES, Aug. 26, 2021 /PRNewswire/ — Organizers of the Los Angeles Auto Show (LA Auto Show®) announced today that registration for its media and industry days, is now open. The two-day event is set to host the most diverse range of brands and vehicle debuts of any auto show in North America this year. Scheduled for November 17–18 at… Continue reading LA Auto Show® 2021 Opens Registration For Its Global Media And Industry Gathering–Automobility LA®
SG’s F&B sector-focused SaaS platform Momos raises $6.5m seed round …
Momos, a Singapore-based SaaS platform for the F&B industry, has raised $6.5 million in a seed funding round co-led by Sequoia Capital India and Alpha Wave Incubation (AWI), according to an announcement. Global investors K3 Ventures, Captii Ventures, Hong-Kong-based Integrated Capital, HOF Capital, JIA Group, and leading angel investors from global food delivery and software… Continue reading SG’s F&B sector-focused SaaS platform Momos raises $6.5m seed round …