On Friday, according to two sources with direct knowledge of the matter at hand, Japan Display Inc, an Apple supplier, is likely to get a three-month extension in credits worth $985 million (107 billion yen) from its three main creditors…. Read More ›
net loss
PetSmart’s Chewy fetches record IPO with $1 million
Chewy is expanding its footprint into an industry which has historically held up well in economic downturns. Pet products retailer Chewy Inc stated, it had priced its initial public offering at $22 per share, above its target, and had sold… Read More ›
Samsung BioLogics Co under investigation for breach of accounting rule
Analysts opine that South Korea’s newly amended listing rule do not state that a positive net profit is a prerequisite; this could potentially shield the company from this line of investigation. On Wednesday, shares of Samsung BioLogics Co Ltd fell… Read More ›