Paramount Skydance Corporation (PSKY) has accused Netflix of running a "scorched-earth campaign" against its proposed $111 billion bid for Warner Bros. Discovery, as revealed in a letter to the U.S. Department of Justice.
OpenAI, the maker of popular chatbot ChatGPT, announced that it has recently filed confidentially with the U.S. Securities and Exchange Commission for potential initial public offering, thus entering the IPO race by major players in the artificial intelligence or AI industry. The firm said it is yet to decide on the timing.
Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure.
Italian coffee brand Lavazza is making its mark in the U.S. with Tablì, a new single-serve coffee system featuring compressed coffee tablets made entirely from ground coffee. This product was first introduced in Italy last year and is set to officially launch in the U.S. this coming August.
Stellantis N.V. (STLA) is pulling back over 1.3 million vehicles globally because of a possible fire hazard affecting certain Jeep Wrangler SUVs and Jeep Gladiator trucks.
Shares of Nuvalent, Inc. were surging around 39 percent in the pre-market activity on the Nasdaq, after the clinical-stage biopharma company focused on cancer therapies agreed to be acquired by British drug major GSK plc, in a deal valued at $10.6 billion or 8.0 billion pounds. Further, GSK maintained its 2026 guidance range of 7 percent to 9 percent growth in core operating profit and core EPS.
CECO Environmental Corp. (CECO) shares climbed 10.33 percent, gaining $8.32 to $88.85 on Tuesday after the company provided a positive update on its recently completed acquisition of Thermon Group Holdings.
Designer Brands Inc. (DBI) shares dropped 16.78 percent, losing $1.49 to $7.39 on Tuesday despite the fashion retailer reporting improved first-quarter results and reaffirming expectations for fiscal 2026 at the high end of its prior guidance range.
Cartesian Therapeutics, Inc. (RNAC) shares surged 23.56 percent, gaining $1.39 to $7.25 on Tuesday after the late clinical-stage biotechnology company announced a strategic licensing agreement with WestGene Biopharma to advance the development of novel in vivo CAR-T therapies for autoimmune diseases.
Veeco Instruments Inc. (VECO) shares climbed 17.71 percent, gaining $10.81 to $71.85 on Tuesday after the semiconductor equipment maker announced that a leading logic customer placed a follow-on order for its NSA500 nanosecond annealing system following the successful acceptance of an evaluation tool.
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...
On Tuesday, restaurant chain Nathan's Famous, Inc. (NATH), which is in $450 million deal to be merged with Smithfield Foods inc., reported lower profit in the fourth quarter of 2026. Meanwhile, adjusted EBITDA reported a steady growth in the same quarter. Net income for the fourth quarter dropped...
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.
the CRL for its NDA of bitopertin in erythropoietic protoporphyria (EPP). The company confirmed alignment with the FDA that the ongoing Phase 3 APOLLO study, if successful, can serve as the basis for a CRL response and potentially support a traditional approval.
TG Therapeutics, Inc. (TGTX) announced that 82% of patients in its Phase 1 study of subcutaneous BRIUMVI for myasthenia gravis achieved a clinically meaningful improvement in daily living scores, with a mean gain of more than four points.
Johnson & Johnson (JNJ) on Monday announced it has entered into a definitive agreement to acquire Firefly Bio, Inc. for $1 billion in cash. The transaction is expected to occur later this year, subject to approvals. The acquisition includes Firefly Bio's proprietary Firelink degrader antibody conjugate...
ENvue Medical (FEED), a commercial-stage medical device company focused on real-time guided feeding tube placement, announced the launch of Ask Oscar, a new AI-powered training platform. Notably, the firm said the new AI platform can be integrated into its patent-pending robotic feeding tube solution,...
Casey's General Stores, Inc. (CASY) on Tuesday reported an increase in fourth-quarter profit, driven by strong sales and higher fuel margins. The convenience store operator also increased its quarterly dividend and outlined growth targets for fiscal 2027. For the fourth quarter, net income surged...
Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Tuesday revealed this month's auction of $58 billion worth of three-year notes attracted average demand. The three-year note auction drew a high yield of 4.192 percent and...
A report released by the National Association of Realtors on Tuesday showed existing home sales in the U.S. spiked by much more than anticipated in the month of May. NAR said existing home sales surged by 3.2 percent to an annual rate of 4.17 million in May after climbing by 0.8 percent to an upwardly revised rate of 4.04 million in April.
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed roughly in line with economist estimates in the month of April. The report said the trade deficit shrank to $55.9 billion in April from a revised $56.6 billion in March. Economists had expected the trade deficit to decrease to $55.8 billion from the $60.3 billion originally reported for the previous month
The foreign trade deficit of Cyprus increased in April from a year ago as imports grew faster than exports. The goods trade deficit rose to EUR 1.0 billion from EUR 797.1 million in the same month last year. In March, the shortfall was EUR 705 million. Total exports of goods rose 7.6 percent annually in April, while imports logged a double-digit growth of 15.1 percent.
The Campbell's Company (CPB) will host a conference call at 9:00 AM ET on June 8, 2026, to discuss Q3 26 earnings results. To access the live webcast, log on to https://investor.thecampbellscompany.com To listen to the call, dial (800) 715-9871 (US) or (646) 307-1963 (International), Conference ID: 3623156.
Tuesday, APi Group Corp. (APG) announced that it has completed the acquisition of Onyx-Fire Protection Services, Inc., an inspection-first provider of fire and life safety services in Canada. Also, the company shared its decision to raise its full-year 2026 outlook, reflecting an expected contribution...