Genco Shipping & Trading (GNK) urged shareholders to vote for Genco's directors; withhold on Diana Shipping Inc.'s nominees; and for the Genco Board's recommendations on other proposals. The deadline to vote is June 17, 2026. The company said Diana's offer is not in the best interests of Genco shareholders,...
Johnson & Johnson (JNJ) announced an investment of more than $1 billion in Jacksonville, Florida to strengthen its Vision operations by scaling U.S.-based manufacturing, packaging and distribution capabilities. The company noted that the announcement is part of the previously announced $55 billion U.S....
Krispy Kreme, Inc. (DNUT) on Monday unveiled its Summer Seasonal Collection, featuring new doughnuts and frozen lemonade drinks available for a limited time at participating U.S. locations starting June 16. The summer lineup includes the new Original Glazed Strawberry Cake Doughnut and Lemon Bar Doughnut,...
Gilat Satellite Networks Ltd. (GILT), a satellite communications technology company, on Monday announced a definitive agreement to acquire the majority of the Satellite & Space Communications segment of Comtech Telecommunications Corp. (CMTL) for $157.5 million in cash on a cash-free, debt-free basis. The...
Edge Total Intelligence Inc. (CTRL.V, UNFYF) Monday said that it has won contracts worth $1.2 million from Austal USA to provide data integration for the U.S. Navy's Digital Secure Exchange for Additive Platform. The contracts cover edgeTI's edgeCore digital twin software, which will serve as the...
SWI Group (SWICH.AS) announced the acquisition of a significant shareholding in Genesis Digital Assets for an aggregate consideration of $500 million. GDA holds 1.3 GW of energized and approved grid connections. The platform comprises 15 facilities, including multiple hyperscaler-grade sites in Texas. Upon...
Schneider Electric SE (SU.PA), an energy technology company, on Monday announced a strategic collaboration with Hon Hai Precision Industry Co., Ltd. (2317.TW, HNHPF) to define and scale next-generation AI data center infrastructure while improving scalability, efficiency, and sustainability. The production...
Banqup Group SA (BANQ.BR), a Belgian fintech and SaaS company, on Monday announced a strategic simplification plan to reorganize the company into distinct, autonomous business units. The company has hired Lazard, Inc. (LAZ) to explore options for the business, including the possible sale of certain...
In response to recent media speculation, Woodside (WDS, WDS.AX)confirms that it is not aware of any proposal and is not in discussions regarding a potential transaction with Exxon Mobil Corp.(XOM). The company will continue to comply fully with its continuous disclosure obligations. Reports last week...
Sigma Healthcare Limited (SIG.AX) announced that, following preliminary discussions regarding the sale process of The Boots Group, its Board has elected to withdraw interest and cease discussions immediately. This decision follows Sigma's earlier announcement on 10 June 2026. International growth...
Eli Lilly and Co. (LLY) announced positive results from the Phase 3 BRUIN CLL-322 clinical trial evaluating Jaypirca (pirtobrutinib), a non-covalent Bruton tyrosine kinase (BTK) inhibitor, in combination with venetoclax and rituximab versus venetoclax and rituximab alone in patients with relapsed or...
Air Canada (AC.TO) announced that it has reached a tentative collective agreement with the International Association of Machinists and Aerospace Workers (IAMAW). The agreement covers more than 11,000 employees working across Maintenance, Cabin Services, Airport Airside Operations, Cargo, Finance, and...
Genmab A/S (GMAB) reported positive findings from two clinical studies evaluating epcoritamab in elderly patients with newly diagnosed diffuse large B-cell lymphoma (DLBCL) who are not eligible for anthracycline-based chemotherapy. In the Phase 2 EPCORE DLBCL-3 trial, fixed-duration epcoritamab monotherapy...
The Antitrust Division of the U.S. Department of Justice announced that it closed its investigation into the proposed acquisition of Warner Bros. Discovery (WBD) by Paramount Skydance Corporation (PSKY). After completing its analysis, the Division determined that the transaction is not likely to result...
Target Corp. (TGT) announced the results of its 2026 Annual Meeting of Shareholders held on June 10, 2026. Shareholders rejected three proposals, including a request for a policy requiring the Board Chair to be independent, a report on the presence of pesticides in Target's private label brands, and...
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.