LOGO
LOGO

quick facts

  • Starbucks Reportedly Reviews Strategic Alternatives For Japan Business Including Stake Sale June 10, 2026 02:48 ET

    Starbucks Corp. (SBUX) is exploring strategic options for its Japan business, including a potential stake sale, Bloomberg reported Wednesday citing people familiar with the matter. The company has held preliminary discussions with investment banks as it evaluates alternatives for one of its largest...

  • Unibail-Rodamco-Westfield To Acquire Remaining 50% Stake In Westfield UTC For About $705 Mln June 10, 2026 02:33 ET

    Unibail-Rodamco-Westfield SE (URW.PA), a commercial real estate company, on Wednesday announced a conditional agreement to acquire the remaining 50% stake in Westfield UTC from its joint venture partner. The deal is subject to URW's share price and customary closing conditions and is expected to close...

  • California American Water Reaches Partial Settlement In 2027-2029 General Rate Case June 10, 2026 02:26 ET

    California American Water (AWK), on Tuesday announced that it reached a partial settlement agreement with the California Public Utilities Commission's Public Advocates Office in its statewide General Rate Case covering the 2027 to 2029 period. The company expects to implement new rates on January...

  • GM Plans EVs-to-grid Integration With Bidirectional Charger June 10, 2026 02:10 ET

    General Motors (GM) said its bidirectional-capable EVs, when paired with GM's home energy systems, can become a residential power resource capable of sustaining a home for days during localized grid failures. These EVs and energy systems are also engineered to support vehicle-to-grid power flow. The...

  • Sentinel Capital Partners Sells NSI Industries To Hubbell For $3 Bln June 10, 2026 01:49 ET

    Sentinel Capital Partners, a private equity firm, announced the sale of NSI Industries, a maker of electrical products, to Hubbell Incorporated (HUBA, HUBB) for $3 billion. NSI is a provider of over 15,000 branded replenishment electrical power components with a core offering of electrical fittings,...

  • Euronext To Repurchase 270,000 Shares Under Long-term Incentive Plan June 10, 2026 01:46 ET

    Euronext N.V. (ENX.PA), on Tuesday announced a share repurchase programme to buyback 270,000 of its own shares as part of its long-term incentive plans. The share repurchases will commence on June 10 and end no later than June 29. The programme will be carried out under the authorization granted...

  • ERock Prices IPO Of 27.91 Mln Shares At $21.50/Shr June 10, 2026 01:40 ET

    ERock, Inc. (EROC), a provider of onsite power solutions, on Wednesday announced the pricing of its initial public offering of 27.91 million shares of Class A common stock at $21.50 per share. The offering is expected to close on June 11. The gross proceeds from the offering are expected to be...

  • Shattuck Labs Announces Pricing Of 10.88 Mln Shares Public Offering At $4/Shr June 10, 2026 01:37 ET

    Shattuck Labs, Inc. (STTK), a clinical-stage biotechnology company, on Wednesday revealed the pricing of its earlier announced public offering of 10.88 million shares of common stock at $4.00 per share. The company is also offering pre-funded warrants to purchase up to 7.87 million shares at $3.9999...

  • Rockwell Automation Authorizes Additional $1 Bln Share Repurchase, Declares Quarterly Dividend June 10, 2026 01:28 ET

    Rockwell Automation, Inc. (ROK), a provider of industrial automation and digital transformation technologies, on Tuesday announced that its board of directors authorized the company to spend up to an additional $1 billion to repurchase shares of its common stock. The authorization is in addition...

  • RMG ML Sports Prices $200 Mln IPO At $10/Unit June 10, 2026 01:16 ET

    RMG ML Sports Holdings (SHOTU), a newly formed special purpose acquisition company, on Tuesday announced the pricing of its initial public offering of 20 million units at $10 per unit. The offering is expected to close on June 11. The gross proceeds from the offering are expected to be $200 million. The...

  • Perma-Pipe Reports Lower Q1 Profit, Shares Down June 09, 2026 11:10 ET

    On Tuesday, Perma-Pipe International Holdings, Inc. (PPIH), a company specialized in pipes, reported significantly lower profit for the first quarter of 2026, despite higher net sales. On the Nasdaq, the shares were trading 16.13 percent lower at $26.22. Net Income for the first quarter dropped...

  • Harley-Davidson Brings Back Revolution Max Production To U.S. June 09, 2026 10:28 ET

    Harley-Davidson, Inc. (HOG) announced Tuesday that it is bringing back production of the Revolution Max platform for North America to the United States as part of the Company's Back to the Bricks strategy. This includes the production of Pan America, Sportster S, and Nightster models. The move brings...

  • TG Therapeutics Announces Positive Data From BRIUMVI Study, Initiates Phase 2 Trial; Stock Gains June 09, 2026 10:03 ET

    Tuesday, TG Therapeutics, Inc. (TGTX) announced positive topline Phase 1 data for BRIUMVI in patients with myasthenia gravis, a chronic autoimmune neuromuscular disease. At Week 24, 82 per cent of patients who received BRIUMVI achieved the Minimal Clinically Important Difference in MG-ADL, with a...

  • KULR Technology Appoints Michael Kimel As CFO June 09, 2026 09:06 ET

    KULR Technology Group, Inc. (KULR), an energy-systems platform, announced Tuesday the appointments of Michael Kimel as Chief Financial Officer and Steven Perez as a new independent Board member of the Company, each effective June 9, 2026. In connection with his appointment as Chief Financial Officer,...

  • Quanterix Names Jason Faessler CFO To Succeed Vandana Sriram, Stock Drops June 09, 2026 09:04 ET

    Life sciences technology firm Quanterix Corp. (QTRX) on Tuesday announced that it has appointed Jason Faessler as chief financial officer, effective June 22. Faessler succeeds Vandana Sriram, who has been serving as CFO since August 2023 and is stepping down from the role. Jason Faessler joins...

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.

Latest Updates on COVID-19