Newsfeeds - Spark Newswire

2 minute read

Mid-Morning Market Update: Markets Open Lower; Carnival Reports Downbeat Q4 Revenue

Today, 3:46 AM

Following the market opening Monday, the Dow traded down 1.58% to 34,806.55 while the NASDAQ fell 1.40% to 14,956.74. The S&P also fell, dropping 1.40% to 4,555.91.

BLPH

3 minute read

25 Stocks Moving in Monday’s Pre-Market Session

By Lisa Levin

Today, 3:46 AM

Gainers Society Pass Incorporated (NASDAQ: SOPA) rose 68% to $5.59 in pre-market trading after the company reported addition to the Russell 2000 Index.

ABUS

3 minute read

Verso Corporation to be Acquired by BillerudKorsnäs AB for $27/Share in Cash; Verso Shares Closed @ $20.05 on Friday

By Charles Gross

Today, 3:46 AM

Verso Corporation (NYSE: VRS) ("Verso") today announced that it has entered into a definitive merger agreement under which BillerudKorsnäs AB ("BillerudKorsnäs") will acquire all of the outstanding shares of Verso for a purchase price of $27 per share in cash, or approximately $825 million1.

VRS

6 minute read

Earnings Scheduled For November 5, 2021

By Benzinga Insights

Today, 3:46 AM

Companies Reporting Before The Bell • Brookfield Renewable (NYSE:BEPC) is projected to report earnings for its third quarter.

AMCX

2 minute read

Earnings

How Good Are Verso’s Earnings? | Return On Capital Employed

By Benzinga Insights

Today, 3:46 AM

According to Benzinga Pro, during Q2, Verso (NYSE:VRS) earned $11.00 million, a 110.09% increase from the preceding quarter. Verso also posted a total of $329.00 million in sales, a 16.67% increase since Q1.

VRS

16 minute read

Benzinga’s Top Ratings Upgrades, Downgrades For August 9, 2021

By Benzinga Insights

Today, 3:46 AM

Upgrades

AAON

1 minute read

B. Riley Securities Downgrades Verso to Neutral, Raises Price Target to $20

By Benzinga Newsdesk

Today, 3:46 AM

B. Riley Securities analyst Jeff Van Sinderen downgrades Verso (NYSE:VRS) from Buy to Neutral and raises the price target from $18 to $20.

VRS

1 minute read

Verso Q2 Sales Beats Estimates, Declares Dividend

By Shivani Kumaresan

Today, 3:46 AM

Verso Corp (NYSE:VRS) reported second-quarter FY21 sales growth of 23% year-on-year, to $329 million, beating the analyst consensus of $287.22 million.…

VRS

13 minute read

Stocks That Hit 52-Week Highs On Friday

By Benzinga Insights

Today, 3:46 AM

Before 10 a.m. ET on Friday, 175 companies set new 52-week highs.

1 minute read

Verso Q2 Net Income $16M vs Net Loss $23M In Same Qtr. Last Year, Adj. EBITDA $52M vs Loss $9M Year Over Year, Sales $329.00M Beat $287.22M Estimate

By Benzinga Newsdesk

Today, 3:46 AM

Verso (NYSE:VRS) reported quarterly sales of $329.00 million which beat the analyst consensus estimate of $287.22 million by 14.55 percent. This is a 22.76 percent increase over sales of $268.00 million the same period

VRS