Long Island Iced Tea abandons plan to sell shares to buy cryptocurrency mining servers
New stock offering called off, but mining hardware investment plans remain unchanged
Long Island Iced Tea no longer appears interested in making iced tea...
Beverage company The Long Island Tea Company, which enjoyed a sudden spike in its stock price when it changed its name to Long Blockchain, has scrapped plans to raise funds via a new share offering in...
More on Finance and Reporting
Micro Focus reports $1bn loss due to economic uncertainty caused by the pandemic
The firm has been struggling since buying HPE's software business in 2017
Apple reports slight increase in fiscal 2020 second quarter revenue amid global economic crisis
But iPhone sales dipped nearly 7 per cent from a year ago
Microsoft reports strong third-quarter results, beating analysts' pre-coronavirus expectations
Q3 2020 profit of $10.75 billion is up 22 per cent from the same period last year
Apple expects to miss quarterly revenue targets due to coronavirus impact
The company says the health crisis has slowed production and lowered demand for iPhones
Amazon stocks soar after bumper sales in the last quarter of 2019
The company posted revenues of $87.4bn for Q4 2019, with AWS up 34 per cent
Back to Top
