Much-awaited shares of Space Exploration Technologies Corp. (SPCX) have finally begun trading on the Nasdaq at $135 per share following the company's initial public offering (IPO) of 555.56 million Class A common shares, priced at $135 each. However, a recent Wall Street Journal report suggests that...
Dutch bank ING Groep N.V.(ING, INGA.AS, INN1.DE, 1INGA.MI) announced on Friday that it has cut its stake in Thailand's TMBThanachart Bank or TTB to 19.5 percent from 23.1 percent by participating in the lender's share buyback program. The company received gross proceeds of about 243 million euros...
Friday, Jazz Pharmaceuticals plc (JAZZ) announced that the Phase 3 LAGOON trial, evaluating Zepzelca (lurbinectedin) in patients with relapsed metastatic small cell lung cancer, did not meet its primary endpoint of overall survival. The trial, conducted by , comprised of three arms: one arm to receive...
51Talk Online Education Group (COE) reported a first quarter net loss attributable to ordinary shareholders of $2.3 million, compared with a net loss of $1.7 million, a year ago. Net loss per share was $0.01, compared with a loss of $0.005. Net loss per ADS was $0.39, compared with a loss of $0.29. Excluding...
Expensify, Inc. (EXFY), an expense management software company, on Friday announced the final results of its modified Dutch auction tender offer to purchase up to $25 million of its Class A common stock. The company accepted 6,053,023 shares for purchase at $1.20 per share for approximately $7.3 million....
FDIC-insured lender Medallion Bank (MBNKO) announced on Friday that it named President Justin Haley as Chief Executive Officer, effective July 1, succeeding Donald Poulton, who will retire on June 30. The Bank said Poulton will join the bank's board as Chair of the risk committee. Haley was promoted...
The AES Corp. (AES), an energy company, on Thursday announced the pricing of a public offering of $1 billion aggregate principal amount of senior notes. The offering is expected to close on June 16. The offering consists of $600 million of 5.200% senior notes due 2029 and $400 million of 5.750%...
Invitation Homes Inc. (INVH), a single-family home leasing and management company, on Friday announced that its board of directors declared a quarterly cash dividend The dividend is of $0.30 per share for the third quarter of 2026. The dividend will be paid on or before July 17 to shareholders...
Simcere Pharmaceutical Group Ltd. (2096.HK) announced on Friday that it has entered into a research collaboration agreement with Stanford Medicine to develop a treatment for irreversible Idiopathic Pulmonary Fibrosis or IPF, a chronic lung disease of unknown origin and with no known cure. Under the...
Elon Musk's spacecraft maker Space Exploration Technologies Corp. or SpaceX confirmed the pricing of its initial public offering or IPO of 555.56 million shares of its Class A common stock, at a public offering price of $135.00 per share. The shares are expected to begin trading on the Nasdaq Global...
Thursday, Propanc Biopharma, Inc. (PPCB) announced that its board has approved a share repurchase program, authorizing the company to repurchase up to $5.0 million of its common stock. The company expects the program to allow the shareholders to continue to increase their ownership in its underlying...
Retail property owner Kimco Realty Corp. (KIM) on Thursday announced that its operating subsidiary Kimco Realty OP, LLC priced an upsized $525 million offering of 3.50 percent exchangeable senior notes due 2031 in a private placement. The offering was increased from a previously announced $500 million....
Guardant Health Inc. (GH) on Thursday said the U.S. Food and Drug Administration approved its Guardant360 CDx liquid biopsy test as a companion diagnostic for Boehringer Ingelheim's Hernexeos, the first targeted therapy for adults with HER2-mutant advanced non-small cell lung cancer. Guardant360 CDx...
Johnson & Johnson (JNJ) on Thursday said it is expanding the U.S. rollout of its TECNIS PureSee intraocular lens, an extended depth of focus lens designed to improve vision for patients undergoing cataract surgery. The company said TECNIS PureSee is the first and only U.S. Food and Drug Administration-approved...
The Lovesac Company (LOVE) posted a net loss of $11.1 million in the first quarter of fiscal 2027 or $0.76 per share compared to a loss of $10.8 million or $0.73 per share in the prior year period. During the first quarter of fiscal 2027, the company recorded an income tax benefit of $5.6 million, compared...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.