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Li-Cycle to cut 17% of staff amid battery recycling growing pains

Battery recycler Li-Cycle plans to lay off 17% of its staff - including three senior executives - as it pares its ambitious global growth plans in order to save cash and focus on building a crucial processing facility in New York. The cuts, announced on Tuesday, are a tacit acknowledgement by the Toronto-based company that its rapid growth in recent years - with facilities announced across North America, Europe and Asia - was unsustainable given the high costs and technical challenges associate...
New York United States Ernest Scheyder Tomasz Janowski Ajay Kochhar Tim Johnston
Source: yahoo.com

TSP Capital Management Group LLC Cuts Stock Position in Li-Cycle Holdings Corp. (NYSE:LICY)

TSP Capital Management Group LLC cut its holdings in Li-Cycle Holdings Corp. (NYSE:LICY – Free Report) by 87.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,000 shares of the company’s stock after selling 594,100 shares during the quarter. TSP Capital Management Group […]
United States Debbie Simpson Capital Management Group Jump Financial Tsp Capital Management Group B Riley Wealth Advisors Inc

Li-Cycle Holdings Corp. (NYSE:LICY) Shares Sold by TSP Capital Management Group LLC

TSP Capital Management Group LLC lessened its holdings in Li-Cycle Holdings Corp. (NYSE:LICY – Free Report) by 87.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,000 shares of the company’s stock after selling 594,100 shares during the […]
United States Debbie Simpson Exchange Commission Cycle Holdings Corp Cycle Company Profile Tsp Capital Management Group

Li-Cycle Holdings Corp. (NYSE:LICY) Receives Consensus Rating of "Hold" from Brokerages

Li-Cycle Holdings Corp. (NYSE:LICY – Get Free Report) has earned an average rating of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among […]
United States Debbie Simpson Principal Financial Group Inc Proshare Advisors Cycle Company Profile Royal Bank
Source: wkrb13.com

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Li-Cycle Holdings Corp. (NYSE:LICY) Receives Average Recommendation of "Hold" from Brokerages

Shares of Li-Cycle Holdings Corp. (NYSE:LICY – Get Free Report) have been assigned a consensus rating of “Hold” from the seven analysts that are covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target […]
United States Debbie Simpson Cycle Company Profile Tower Research Capital Wealth Concepts Securities Exchange Commission

Li-Cycle Holdings Corp. (NYSE:LICY) Given Consensus Recommendation of "Hold" by Analysts

Shares of Li-Cycle Holdings Corp. (NYSE:LICY – Get Free Report) have earned an average rating of “Hold” from the nine research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. […]
United States Cycle Holdings Corp Grantham Mayo Van Otterloo Co Invesco Ltd Blackrock Inc Primecap Management Co

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