cash

Existing home prices fall 11% from the peak.  Sales hit the lowest lockdown level.  Cash buyers and investors pull back sharply

Existing home prices fall 11% from the peak. Sales hit the lowest lockdown level. Cash buyers and investors pull back sharply

At the right price, any house will sell. But sellers don’t want to set the right price for their homes. By Wolf Richter for WOLF STREET. It’s getting relentless: Sales of former homeowners’ homes, apartments and co-ops fell 1.5% in December from November, the 11th straight month of month-over-month declines, and 34% year-on-year, to a …

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The Athletic

Right: Tigers cash in, get potential candidate Matt Vierling for Gregory Soto

The Tigers are a bad major league team right now, so they did what bad major league teams should do – they traded a decent but barely elite reliever for a young position player talent, sending Gregory Soto at the Phillies, with Kody Clemens, for three hitters, led by Matt Vierling. The Phillies are the …

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GameStop reports lower revenue and sharp drop in cash

GameStop reports lower revenue and sharp drop in cash

A screen displays GameStop’s logo and business information on the floor of the New York Stock Exchange (NYSE) on March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday that its sales in the third fiscal quarter fell and its cash flow fell sharply, as the bricks-and-mortar retailer worked to expand its digital presence. During …

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Musk warns Twitter bankruptcy is possible if cash burn persists

Musk warns Twitter bankruptcy is possible if cash burn persists

(Bloomberg) – Elon Musk, in his first address to Twitter Inc. employees since buying the company for $44 billion, said bankruptcy was a possibility if it didn’t start generating more cash, according to people familiar with the matter. Bloomberg’s Most Read The warning came amid a tumultuous start to Musk’s reign at the social media …

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Musk warns Twitter bankruptcy is possible if cash burn persists

Musk warns Twitter bankruptcy is possible if cash burn persists

(Bloomberg) – Elon Musk, in his first address to Twitter Inc. employees since buying the company for $44 billion, said bankruptcy was a possibility if it didn’t start generating more cash, according to people familiar with the matter. Bloomberg’s Most Read The warning came amid a tumultuous start to Musk’s reign at the social media …

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Musk warns Twitter bankruptcy is possible if cash burn persists

Musk warns Twitter bankruptcy is possible if cash burn persists

(Bloomberg) – Elon Musk, in his first address to Twitter Inc. employees since buying the company for $44 billion, said bankruptcy was a possibility if it didn’t start generating more cash, according to people familiar with the matter. Bloomberg’s Most Read The warning came amid a tumultuous start to Musk’s reign at the social media …

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Dow Giant emerges as it guides strong cash flow and sees shipments rise

Dow Giant emerges as it guides strong cash flow and sees shipments rise

Boeing (BA) gave the outlook for free cash well above Wall Street estimates during its Investor Day on Wednesday on expectations of increased jet deliveries. BA stock rose, returning to a key level. But Boeing’s main suppliers have fallen. X In 2022, Boeing expects to generate between $1.5 billion and $2 billion in free cash …

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