Thursday, Propanc Biopharma, Inc. (PPCB) announced that its board has approved a share repurchase program, authorizing the company to repurchase up to $5.0 million of its common stock. The company expects the program to allow the shareholders to continue to increase their ownership in its underlying...
Retail property owner Kimco Realty Corp. (KIM) on Thursday announced that its operating subsidiary Kimco Realty OP, LLC priced an upsized $525 million offering of 3.50 percent exchangeable senior notes due 2031 in a private placement. The offering was increased from a previously announced $500 million....
Guardant Health Inc. (GH) on Thursday said the U.S. Food and Drug Administration approved its Guardant360 CDx liquid biopsy test as a companion diagnostic for Boehringer Ingelheim's Hernexeos, the first targeted therapy for adults with HER2-mutant advanced non-small cell lung cancer. Guardant360 CDx...
Johnson & Johnson (JNJ) on Thursday said it is expanding the U.S. rollout of its TECNIS PureSee intraocular lens, an extended depth of focus lens designed to improve vision for patients undergoing cataract surgery. The company said TECNIS PureSee is the first and only U.S. Food and Drug Administration-approved...
The Lovesac Company (LOVE) posted a net loss of $11.1 million in the first quarter of fiscal 2027 or $0.76 per share compared to a loss of $10.8 million or $0.73 per share in the prior year period. During the first quarter of fiscal 2027, the company recorded an income tax benefit of $5.6 million, compared...
Merck Animal Health, a division of Merck & Co. (MRK), on Thursday announced a definitive agreement to acquire TARGAN, a privately held developer of biodevice solutions for the poultry industry, for undisclosed consideration. The transaction is expected to close in the third quarter of 2026. The...
Compass Diversified (CODI), a private equity firm, on Thursday said co-founder and chief executive officer Elias Sabo will retire on December 31, 2026. The company appointed Zach Sawtelle as chief operating officer and said he will succeed Sabo as chief executive officer upon his retirement. Sawtelle...
Kinepolis Group SA (KPSN.F, KIN.BR), a Belgian cinema operator, Thursday said that it has agreed to acquire Showcase Cinemas in the US from Harbor Lights Entertainment, formerly National Amusements Inc., for an enterprise value of $30 million. The deal includes 13 cinemas located across four states:...
Molina Healthcare Inc. (MOH) announced that the Illinois Department of Healthcare and Family Services (HFS) intends to award a HealthChoice Illinois Medicaid Managed Care program contract to its Illinois health plan subsidiary, Molina Healthcare of Illinois. The new contract is expected to go live...
Humana Inc. (HUM) announced that it has entered into a definitive agreement with a consortium of investors to divest all or substantially all of its minority interest in Gentiva, a provider of end-of-life services including hospice and palliative care. The agreement values Humana's stake at approximately...
Warner Music Group Corp. (WMG) said Wednesday it has agreed to acquire Sureel AI as the music company looks to help artists, songwriters and other rightsholders get credit and compensation when their work is used in AI-generated content or to train AI models. Financial terms of the deal were not disclosed. Sureel's...
XD Inc. (2400.HK, XDNCF), a Chinese video game developer, publisher, and platform operator, on Wednesday announced an automatic share buyback program of up to HK$400 million. The buyback program is scheduled to run until November 11, unless completed earlier after the full HK$400 million amount is...
Property services firm FirstService Corp. (FSV, FSV.TO), announced on Wednesday that its Roofing Corp of America subsidiary has acquired Schefers Roofing, expanding its commercial roofing operations into the Kansas City market. Terms of the deal were not disclosed. Schefers Roofing, founded in 1995...
Figure Technology Solutions, Inc. (FIGR), a financial technology company, on Wednesday announced a deal to acquire Kiavi, an AI-powered lending platform for residential real estate investors, for a total of $717 million. The transaction includes the purchase of Kiavi's balance sheet assets by a joint...
Mutares SE & Co. KGaA (MUX.F, MUX.DE) has signed an agreement to sell its portfolio company NEM Energy B.V. and subsidiary NEM Balcke-Dürr GmbH to Hyundai Heavy Industries Power Systems Co., Ltd, ultimately owned by MiCo Ltd. The parties have agreed not to disclose the purchase price and the contractual...
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.