Stock of Vicor Corporation (VICR) is gaining about 13 percent in Tuesday morning trading after the company raised its revenue guidance for the second quarter in view of rising product revenues and royalties from an additional licensee to its patented power system technology. The company's shares are...
Shares of Outlook Therapeutics, Inc. (OTLK) are climbing about 38 percent in Tuesday morning trading after the company announced that the U.S. FDA has granted its appeal following completion of the Formal Dispute Resolution process for ONS-5010/LYTENAVA, its investigational therapy for neovascular age-related...
Sun Pharmaceutical Industries Limited (SUNPHARMA) said it will share updated results from the locally advanced cutaneous squamous cell carcinoma expansion cohort from the CK-301-101 trial of UNLOXCYT At the ASCO 2026 Annual Meeting. In the investigator-reviewed data, 64 patients with laCSCC received...
Tuesday, Corbus Pharmaceuticals Holdings, Inc. (CRBP) announced updated data from its Phase 1/2 clinical study of CRB-701 in patients with 2L oropharyngeal and cervical cancers. The data is derived from an April 1, 2026 data cut of the Phase 1/2 study with a total safety population of 317 patients...
Peloton Interactive, Inc. (PTON), a provider of fitness and wellness products and services, announced Tuesday the appointment of Siddharth Thacker as Chief Financial Officer, effective June 22. Thacker will oversee the company's global finance organization and corporate strategy. Thacker joins...
Sunshine Silver Mining & Refining Co. (SSMR) announced Tuesday the launch of its initial public offering of 20 million common shares. The company said it expects to grant underwriters a 30-day option to purchase up to an additional 3 million shares. The initial public offering price is expected...
Cogent Communications Holdings, Inc. (CCOI), a facilities-based provider, announced on Tuesday that its subsidiary, Cogent Fiber, LLC, has agreed to sell 10 data center facilities in the United States to a newly formed entity sponsored by I Squared Capital for $225 million in cash. The deal covers...
Tuesday, BP p.l.c. (BP) announced that its Board has unanimously decided to remove Albert Manifold from the positions of Chair and Director with immediate effect. This comes as the Board is disappointed to learn of governance oversight and conduct issues it deems unacceptable, forcing it to take action...
Raytheon, an RTX (RTX) business, in collaboration with Northrop Grumman, has been awarded a phase two contract from the Defense Advanced Research Projects Agency Burn n' Go program to continue the development of a new solid rocket motor design. Under the phase two contract, Raytheon's Advanced Technology...
Champion Homes, Inc. (SKY), a leading producer of factory-built housing in North America on Tuesday announced that it has agreed to acquire the assets of 11 retail locations from Homes Direct, a manufactured home and modular home dealer on the West Coast, strengthening its presence in key Western U.S....
Turbogen Ltd. said it is currently conducting negotiations to acquire a 50% stake in Elbatech Ltd., currently held by Abu Yehiel - Construction Company, a company controlled by businessman Tzachi Abu. The proposed transaction reflects an implied company valuation for Elbatech of approximately ILS 1.2...
Univar Solutions B.V., a unit of Univar Solutions LLC , a chemicals and ingredients distributor, on Tuesday said its Ingredients + Specialties segment expanded its partnership with Dow Inc. (DOW). Under the new agreement, the company will distribute Dow's silicone additives for plastics and composites...
Tuesday, Flight Centre Travel Group Limited (FGETF.PK) shared a trading update, stating that despite strong results during the 9 months till March 31, the early fourth quarter has been heavily impacted by Middle East tensions. Meanwhile, the expected share of profit for the full year 2026 is anticipated...
CleanSpace Holdings Ltd. (CSX.AX), an Australia-based designer and manufacturer of respiratory protection equipment for industrial and healthcare solutions, on Tuesday announced that Operating EBITDA for the year to June 30 is expected to be a "small loss." Further, the company now expects full-year...
Lithia & Driveway (LAD) announced Tuesday that it increased its share repurchase authorization by $500 million, bringing its remaining authorization to $726 million. Since March 31, the company has repurchased about 505,000 shares for more than $137 million at a weighted average price of $272 per...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.