New Yorkers work remote from boozy brunches

New Yorkers work remote from boozy brunches

Call it pour professionalism. Thanks to new hybrid and full remote work situations, employees around the Big Apple are toting their laptops, headsets and chargers to restaurants, where they’re meeting up with friends and getting happy hour started — while still on the clock. These days, it’s common to overhear lines like, “Wait, what do … Read more

Expectations Are Still Too High, Says Morgan Stanley

Expectations Are Still Too High, Says Morgan Stanley

Lucid (LCID) might have reaffirmed on its Q1 earnings call the production target of 12,000 to 14,000 units in 2022, but Morgan Stanley’s Adam Jonas thinks that figure is out of reach. “We forecast 9.9k deliveries for FY22 which we believe may be on the aggressive side given the company delivered 360 vehicles in 1Q … Read more

Bausch + Lomb Misses Target With IPO Raising $630 Million

Bausch + Lomb Misses Target With IPO Raising $630 Million

(Bloomberg) — Canada’s Bausch + Lomb Corp. priced its initial public offering below a marketed range to raise $630 million, dimming hopes that the biggest U.S. listing in almost four months will lead a market rebound. Most Read from Bloomberg Bausch + Lomb, the first of two businesses being spun out by Bausch Health Cos., … Read more

MP Materials Earnings Top Estimates; MP Stock Rises

MP Materials Earnings Top Estimates; MP Stock Rises

MP Materials (MP) easily surpassed first-quarter earnings and sales estimates on Thursday afternoon, giving MP stock a moderate lift in after-hours trade. The  sole U.S.-based supplier of rare earth materials benefited from both higher pricing and volume. X The somewhat subdued reaction to the strong report may be because MP stock investors are most excited … Read more