TYSONS CORNER, Va.–(BUSINESS WIRE)–MicroStrategy
® (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced financial results for the three-month period ended December 31, 2020 (the fourth quarter of its 2020 fiscal year).
“2020 was a transformational year for MicroStrategy. In our enterprise intelligence business, we continue to embrace the virtual wave. We are successfully shifting our prospects and customers to our enterprise cloud platform, and also launched our new SaaS offering, Hyper.now. We also dramatically improved the efficiency and profitability of our business,” said Michael J. Saylor, CEO, MicroStrategy Incorporated.
“Regarding our bitcoin strategy, our pioneering decision to make bitcoin our primary treasury reserve asset has made MicroStrategy a thought leader in the cryptocurrency market and generated great interest in MicroStrategy as a corporation. Going forward, we continue to plan to hold our bitcoin and
ATI Announces Fourth Quarter 2020 Results
Exceeds expectations through strong cost control; Signs of commercial aero stabilization
Actions to exit standard stainless sheet products and enhance high-return capabilities on-track
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Sales of $658 million up 10% over Q3 2020
Net loss attributable to ATI of $1,121.0 million, or $(8.85) per share; adjusted net loss of $41.9 million, or $(0.33) per share
Restructuring and other charges, including previously announced non-cash asset impairments and related tax impacts, of $1,079.1 million, or $(8.52) per share
Adjusted EBITDA of $23.0 million, up 39% over Q3 2020
$646 million of cash at December 31, more than $950 million of total liquidity
Allegheny Technologies Incorporated (NYSE: ATI) reported fourth quarter 2020 results, with sales of $658 million and a net loss attributable to ATI of $1,121.0 million, or $(8.85) per share. As previously announced, the Company is exiting low-margin standard sta
Two Harbors Investment Corp. Announces Proposed Public Offering of Convertible Senior Notes due 2026
Two Harbors Investment Corp. Announces Proposed Public Offering of Convertible Senior Notes due 2026
Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced that it plans to offer, subject to market and other conditions, up to $250 million aggregate principal amount of convertible senior notes due 2026 (the Notes) in an underwritten public offering. The company also expects to grant the underwriters of the offering a 13-day option to purchase up to an additional $37.5 million aggregate principal amount of the Notes to cover over-allotments, if any.
BridgeBio Pharma, Inc. Prices Upsized Offering of $650 Million Convertible Senior Notes
January 25, 2021 23:04 ET | Source: BridgeBio Pharma, Inc. BridgeBio Pharma, Inc. Palo Alto, California, UNITED STATES
PALO ALTO, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) BridgeBio Pharma, Inc. (Nasdaq: BBIO) (the “Company,” “we” or “BridgeBio”) announced today the pricing of $650 million aggregate principal amount of 2.25% convertible senior notes due 2029 (the “notes”) in a private offering (the “offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized from the previously announced offering of $400 million aggregate principal amount of notes. In connection with the offering, the Company granted the initial purchasers an option to purchase up to an additional $97.5 million aggregate principal amount of notes. The s
Salesforce Announces Commencement of Consent Solicitation
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SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ salesforce.com, inc. (NYSE:CRM), a Delaware corporation (the Company ) announced today that, in connection with the Company s previously announced agreement to acquire Slack Technologies, Inc., a Delaware corporation ( Slack ), the Company is soliciting consents, on behalf of Slack (the Consent Solicitation ), to adopt certain proposed amendments to the indenture, dated as of April 9, 2020 (the Indenture ), among Slack and U.S. Bank National Association, as trustee, governing Slack s $862,500,000 in aggregate principal amount of 0.50% Convertible Senior Notes due 2025 (the Slack Notes ).