The Coming Week: New Year, Old Issues
Analysts see few catalysts for momentum, with political and economic fears lingering.
Gilat defaults on $7.5m coupon payment to bondholders
Bank of New York withdraws money transfers after payment failed to come through
Gilat's winners and losers
How can Gilat handle its towering debt? And if there are winners, who loses out?
Gilat delaying Q2 report from August 21 to September
Company declined to discuss the reason behind the 2-3 week postponement
Gilat reveals $63m exposure to WorldCom in backlog
Orders relate to VSAT project in progress for the United States Postal Service
Tesla Stock Slips Lower After Q2 Delivery Slump, Planned Factory Closures
Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.
Exxon Stock Jumps On Bets For Record Q2 Profits Amid Global Oil Price Surge
"High energy prices are largely a result of underinvestment by many in the energy industry over the last several years and especially during the pandemic," Exxon said.
Coinbase Faces A New Scandal
The platform denies selling proprietary customer data and announces it is expanding into several European countries.