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...
Tool maker Snap-on Incorporated (SNA) announced that it acquired Diesel Laptops LLC for approximately $100 million in cash. The deal closed on June 8. Irmo, South Carolina-based Diesel Laptops provides diagnostics, repair information and digital tools for commercial trucks and off-highway vehicles...
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 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, 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, 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, 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 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...
Following the sell-off seen last Friday and the subsequent rebound on Monday, stocks went on another roller coaster ride over the course of the trading session on Tuesday. The major averages moved to the upside early in the session before pulling sharply only to regain ground in afternoon trading.
After moving to the upside early in the session, stocks have come under considerable pressure over the course of the trading day on Tuesday. The major averages have pulled back well off their highs of the session and firmly into negative territory.
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...
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.
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...
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
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...
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.