USA Rare Earth Inc. (USAR) on Monday said it has agreed to acquire Serra Verde Group, owner of the Pela Ema rare earth mine and processing plant in Brazil, in a deal valued at about $2.8 billion. The consideration includes $300 million in cash and about 126.8 million newly issued USAR shares. The...
Cleveland-Cliffs Inc. (CLF) reported a first quarter GAAP net loss of $229 million, or $0.42 per diluted share, compared to a net loss of $486 million, or $1.01 per diluted share, a year ago. Adjusted net loss was $0.40 per diluted share compared to a loss of $0.93 per diluted share. Adjusted EBITDA...
Howard Hughes Holdings Inc. (HHH), on Monday announced the appointment of Marc Grandisson to its Board of Directors, effective May 7. Marc Grandisson previously served as Chief Executive Officer of Arch Capital Group Ltd. (ACGLO, ACGL) from 2018 until his retirement in 2024 and was part of the company's...
Outcrop Silver & Gold Corp. (OCGSF, OCG.TO), on Monday announced that Ian Harris has stepped down as Chief Executive Officer, with Rob Bruggeman appointed as CEO and Director, effective immediately. Ian Harris will transition to the role of Chairman of the Board, while Jay Sujir will remain on the...
Auction Technology Group Plc (ATG), a British online marketplace company The company announced that CEO John-Paul Savant will step down after more than ten years of service. The Auction Group confirmed it's full year 2026 guidance and said it expects first interim revenue growth, after positive trading...
Kailera Therapeutics, Inc (KLRA)., a portfolio company of London-listed RTW Biotech Opportunities Ltd, completed a $625 million initial public offering that set a record as the largest-ever biotech IPO by proceeds, RTW Bio said on Monday. The company said that the IPO was upsized from $500 million,...
Nxera Pharma Co., Ltd. (4565.T, SOLTF), a research-based biopharmaceutical company, on Monday announced that it will receive a $10 million milestone payment from AbbVie Inc. (ABBV), a research-based biopharmaceutical company. The payment follows the achievement of a third R&D milestone under their...
Faraday Future Intelligent Electric Inc. (FFAI), a California-based Embodied AI or EAI ecosystem company, said that it has closed a $45 million financing deal with a U.S. institutional investor to advance its EAI ecosystem strategy, covering robotics, EV operations, and phased delivery of the FX Super...
freenet AG (FNTN.DE, FRTAF), a German network-independent telecommunications provider, on Monday announced that it has placed a promissory note loan with a total volume of 350 million euros. The move is primarily to refinance bridge financing used for the acquisition of mobilezone Deutschland. The...
TGS ASA (TGSGY, TGSNF, TGS.OL), a Norwegian-based provider of energy data, insights, and intelligence, on Monday announced the extension of its ongoing multi-year Ocean Bottom Node acquisition contract in the Gulf of America for an additional three years. The contract was awarded by a major producer,...
Siemens AG (SMAWF, SIE.DE, SIEGY), a German technology company, on Monday unveiled the Eigen Engineering Agent, a new industrial AI system that can complete engineering tasks on its own, as part of its 1 billion euros investment in industrial AI. The Eigen Engineering Agent can write automation code,...
Eli Lilly (LLY) is in advanced talks to acquire Kelonia Therapeutics for more than $2 billion, according to the Wall Street Journal, citing people familiar with the matter. A deal could be announced as soon as Monday, though the talks may still fall apart. The price may also include additional milestone-based...
QXO Inc. (QXO) announced that it agreed to acquire TopBuild Corp. (BLD) for approximately $17 billion. The transaction is expected to be immediately and substantially accretive to QXO's earnings. BLD closed at $410.31, up $22.20 or 5.72% as of April 17 . In overnight trading at 8:04:24 PM EDT, the...
National Australia Bank (NAUBF,NABZY,NAB.AX) expects credit impairment charges of A$706 million for the first-half of 2026, following adjustments to credit provisioning and capital settings in response to risks stemming from the conflict in the Middle East. Of this total, A$300 million relates to...
Vulcan Energy (VUL.AX) announced that it has entered into a major project framework agreement valued at approximately 40 million euros with Siemens AG for the supply of engineering, automation, telecommunications, and building technology systems for its flagship Lionheart Project in Germany's Upper Rhine...
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.