Kailera Therapeutics, Inc. (KLRA), a clinical-stage biotechnology company, on Friday announced the pricing of its initial public offering of 39.06 million shares of stock at $16 per share. The offering is expected to raise gross proceeds of approximately $625 million, before underwriting discounts...
AEVEX Corp, a Madison Dearborn Partners portfolio company focused on unmanned systems, has announced the pricing of its initial public offering at $20 per share, ahead of its New York Stock Exchange listing on April 17, under the ticker "AVEX" The company said the closing is expected on April 20,...
Knight-Swift Transportation Holdings Inc.(KNX), a freight carrier, said that it has revised down its first quarter earnings outlook. In addition, the company has initiated adjusted income guidance for the second quarter. Adam Miller, CEO of Knight-Swift commented, "While the winter weather negatively...
The Australian Competition and Consumer Commission (ACCC) has determined that Insurance Australia Group Limited's (IAUGF,IAUGY,IAG.AX) proposed acquisition of RAC Insurance (RACI) could substantially lessen competition and will therefore undergo an in-depth Phase 2 assessment. RACI, owned by the Royal...
JATT II Acquisition Corp. (JATT), on Friday announced the pricing of its initial public offering of 6 million ordinary shares at $10 per share. The offering is expected to raise gross proceeds of $60 million. The company has granted underwriters a 45-day option to purchase up to an additional 0.9...
Alamar Biosciences, Inc. Common Stock (ALMR) on Friday announced the pricing of its upsized initial public offering of 11.25 million shares of stock at $17 per share. The offering is expected to raise gross proceeds of approximately $191.3 million, before underwriting discounts and expenses. The...
Stocks fluctuated over the course of the trading session on Thursday but largely maintained a positive bias before ending the day moderately higher. The Nasdaq and the S&P 500 added to the strong gains posted over the few days, reaching new record closing highs. The major averages all finished the day in positive territory.
After showing a lack of direction early in the session, stocks have moved mostly higher over the course of the trading day on Thursday. The major averages have all moved to the upside, with the Nasdaq and the S&P 500 reaching new record intraday highs. Currently, the major averages are posting modest gains.
Thursday, Stellantis N.V. (STLA) announced a strategic partnership with Microsoft Corporation (MSFT) to advance the company's digital transformation through the co-development of advanced AI, cybersecurity and engineering capabilities. The collaboration would integrate Stellantis' automotive engineering...
The Boeing Company (BA), along with its subsidiary Millennium Space Systems, Thursday announced the decision to expand space production capacity and broaden their satellite portfolio to help government and commercial customers field capability faster and with greater flexibility. Under this plan,...
Westamerica Bancorp. (WABC), Thursday announced 11.9 percent decline in first quarter earnings compared to the prior year. Currently, shares are at $53.43, up 0.13 points or 0.24 percent. The parent of the Westamerica Bank reported first quarter earnings of $27.36 million, down from $31.04 million...
Industrial production in the U.S. unexpectedly decreased in the month of March, according to a report released by the Federal Reserve on Thursday. The Fed said industrial production fell by 0.5 percent in March after climbing by 0.7 percent in February. Economists had expected industrial production to inch up by 0.1 percent.
Stock of Main Street Capital Corporation (MAIN) is moving down about 4 percent on Thursday morning trading after announcing its preliminary operating results for the first quarter of 2026. The company's stock is currently trading at $55.19, down 4.57 percent or $2.64, over the previous close of $57.83...
The Federal Reserve Bank of Philadelphia released a report on Thursday showing an unexpected surge by its reading on regional manufacturing activity in the month of April. The Philly Fed said its diffusion index for current general activity spiked to 26.7 in April from 18.1 in March, with a positive reading indicating growth. Economists had expected the index to decrease to 10.0.
Harbour BioMed (2142.HK,HBMHF), a biopharmaceutical company, on Thursday announced the appointment of Adam Zong as its new President. Zong brings more than 20 years of global biopharma leadership experience. Zong joins from Arc Nouvel Clinical Development Consulting where he served as Principal...
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.