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Wednesday, June 16, 2021

Fisker, Aon, Twilio & more

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Henrik Fisker (R) greets an attendee in entrance of his Fisker Ocean SUV, January 7, 2020 on the 2020 Shopper Electronics Present (CES) in Las Vegas, Nevada.

Robyn Beck | AFP | Getty Photographs

Take a look at the businesses making headlines after the bell on Monday:

Fisker — Fisker shares fell 2.2% after the automobile maker reported a 63-cent per-share loss for the earlier quarter. The loss was wider than FactSet’s consensus analyst estimate for a lack of 19 cents per shre. The electrical-vehicle startup additionally reported revenues of $22,000 and a money stability of $985 million.

Aon — Share of Aon rose 1.5% in after a regulatory submitting revealed that Warren Buffett’s Berkshire Hathaway had a stake within the firm as of March 31. Aon, which sells insurance coverage, pension administration and different monetary companies, relies in London.

Twilio — Twilio shares ticked larger on information that it plans to amass business-texting platform Zipwhip for $850 million in a mix of money and inventory. The cloud-communications firm mentioned Zipwhip will broaden its high-quality visitors and that it expects the deal to shut by the tip of this 12 months.

Eastman Kodak — Shares of Eastman Kodak slipped after Reuters reported the New York legal professional normal is getting ready to cost the corporate and a prime government with insider buying and selling. Based on the report, New York is getting ready to cost Govt Chairman Jim Continenza with insider buying and selling when he purchased inventory simply earlier than Kodak introduced a tentative settlement with the Trump administration that may have supplied the corporate with $765 million in trade for its assist preventing the Covid-19 pandemic. Eastman Kodak argued the costs are with out benefit.

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