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...
Merck Animal Health, a division of Merck & Co. (MRK), on Thursday announced a definitive agreement to acquire TARGAN, a privately held developer of biodevice solutions for the poultry industry, for undisclosed consideration. The transaction is expected to close in the third quarter of 2026. The...
Compass Diversified (CODI), a private equity firm, on Thursday said co-founder and chief executive officer Elias Sabo will retire on December 31, 2026. The company appointed Zach Sawtelle as chief operating officer and said he will succeed Sabo as chief executive officer upon his retirement. Sawtelle...
Kinepolis Group SA (KPSN.F, KIN.BR), a Belgian cinema operator, Thursday said that it has agreed to acquire Showcase Cinemas in the US from Harbor Lights Entertainment, formerly National Amusements Inc., for an enterprise value of $30 million. The deal includes 13 cinemas located across four states:...
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.