Snow Rothschild Acquisition Corp. (ISNRU) recently announced the pricing of its Initial Public Offering or IPO of 20 million units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable for one Class A share fixed...
Baidu, Inc. (BIDU) said the the Deputy Secretary of Defense in the U.S. has included Baidu on the Department of Defense's list of Chinese Military Companies, or the CMC List. Baidu believes there is no justification for its inclusion on such list as the company is neither a Chinese military company nor...
Southwest Airlines Co. (LUV) announced late Monday its interline partnership with Singapore Airlines Ltd. (C6L.SI) to offer worldwide travelers single-ticket journeys to and from the United States. During the International Air Transport Association or IATA Annual General Meeting in Brazil, the company...
Stocks showed a strong move back to the upside in early trading on Monday following Friday's sell-off but gave back ground over the course of the sessions. The major averages pulled back well off their highs of the session, with the Dow dipping into negative territory.
Stocks have moved mostly higher during trading on Monday, regaining ground following the sell-off seen last Friday. The major averages have all moved back to the upside, with the tech-heavy Nasdaq leading the rebound. Currently, the Nasdaq and S&P 500 are just off their highs of the session, while the narrower Dow is posting a more modest gain.
Raytheon, an RTX Corp. (RTX) business, announced Monday it is investing $100 million to expand its Portsmouth, Rhode Island-based facility, which has been operating for more than 60 years. The facility supports undersea technology, combat systems and radars. The expansion will accelerate Lower Tier...
Apartment REITs, Equity Residential (EQR) and AvalonBay Communities, Inc. (AVB) on Monday announced that they have named the executive team that will lead their $69 billion merger of equals, with AvalonBay CEO Benjamin Schall to serve as president and CEO of the combined firm. The all-stock deal,...
Monday, Tango Therapeutics, Inc. (TNGX) announced positive initial data from its ongoing Phase 1/2 study of vopimetostat in combination with Revolution Medicines' RAS(ON) inhibitors daraxonrasib or zoldonrasib. During the study, patients with MTAP-deleted and RAS-mutant metastatic pancreatic ductal...
kneat.com, inc. (KSI.TO, KSIOF), a digital validation and quality process automation company, Monday announced its definitive arrangement agreement to be acquired by Thoma Bravo, L.P., a privately held software-focused investment firm. Under the deal terms, holders of Kneat shares other than any Rollover...
Following the sell-off seen during last Friday's session, stocks may move back to the upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.8 percent. Bargain hunting may contribute to initial strength on...
AstroNova, Inc. (ALOT), a print technology solutions provider, on Monday reported a return to profitability in the first quarter as revenue rose. In pre-market activity on the Nasdaq, shares of AstroNova were up 7.52 percent, changing hands at $15.58, after closing Friday's regular session 4.86 percent...
Monday, Standard BioTools Inc. (LAB) announced an agreement with Treeline Biosciences, Inc., a clinical-stage biopharma company, to combine in an all-stock transaction. The transaction values Standard BioTools at net cash delivered at closing, plus $10 million, which is estimated to be $460 million....
Johnson & Johnson (JNJ) on Monday announced a definitive agreement to acquire Firefly Bio, Inc., a biotechnology company for $1 billion in cash. The transaction is expected to close later this year. The acquisition is expected to expand Johnson & Johnson's oncology pipeline with Firefly Bio's...
A collaboration of scientists from NASA and Brazilian research institutions has produced a detailed picture of groundwater change across Brazil. The images reveal significant declines in some of the aquifers that are critical to one of the world's largest agricultural producers. In the study, published...
Monday, Ciena Corporation (CIEN) announced its plan to offer $2.0 billion aggregate principal amount of convertible senior notes due 2031 in a private offering. Additionally, the company intends to grant the initial purchasers an option to buy up to an additional $300.0 million aggregate principal...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.