Monday, Madison Square Garden Sports Corp. (MSGS) announced update regarding its proposed spin-off of its New York Rangers business from its New York Knicks business by filing a confidential initial Form 10 Registration Statement with the U.S. Securities and Exchange Commission. The proposed transaction...
Israel Discount Bank Ltd. (ISDAF.PK), an Israeli banking and other financial services provider, reported Monday net income attributable to shareholders for the first quarter of NIS 930 million, down 10.2 percent from NIS 1.04 billion in the prior-year quarter. Net income per share declined to NIS 0.76...
International Paper CO. (IP), a sustainable packaging solutions provider, announced Monday it has acquired Delmarva Corrugated Packaging in Dover, Delaware. The terms of the deal were not disclosed. The strategic acquisition will enhance International Paper's capabilities, expand its market presence,...
The Board of Globant S.A. (GLOB) has approved a new share repurchase program, authorizing the allocation of up to $50 million per quarter, subject to a maximum aggregate of $125 million, for the repurchase of its common shares beginning Monday and open through the fourth quarter of 2027. "This share...
Citigroup, Inc. (C) and HPS Investment Partners, a part of BlackRock, Inc. (BLK), announced Monday a 15 billion euro Private Capital Program to finance debt opportunities in EMEA over an initial five-year term. The program is a strategic collaboration to expand comprehensive capital solutions and...
NextEra Energy Inc (NEE) agreed to acquire Dominion Energy Inc (D) in an all-stock deal that will create the largest regulated electric utility in the United States, the companies announced on Monday. In pre-market activity on the NYSE, shares of Dominion were up 14.51 percent, changing hands at $70.70,...
Monday, Viatris Inc. (VTRS) announced that the U.S. Food and Drug Administration has accepted for review the New Drug Application for MR-107A-02 for the treatment of moderate-to-severe acute pain. The agency has assigned a PDUFA goal date of December 27, 2026. The approval is based on data from...
Kyverna Therapeutics, Inc. (KYTX), Monday announced the appointment of Greg Martini as Chief Financial Officer, effective May 18. The late-stage clinical biopharmaceutical company focused on autoimmune diseases said Martini will succeed Marc Grasso. Martini has been with Ironwood Pharmaceuticals....
Raytheon, an RTX (RTX) business, has been awarded a contract from the Office of Naval Research to further develop advanced radar software for next-generation naval radars. Raytheon's Advanced Technology team will develop software that enables each building block within a radar to operate independently,...
Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (TEVA) on Monday announced new real-world data from the IMPACT-TD Registry showing a significant gap in diagnosing tardive dyskinesia in patients with underlying mood disorders. The data showed that 85% of adults aged 18...
Monday, Design Therapeutics, Inc. (DSGN) announced positive biomarker and clinical data from the ongoing Phase 1/2 RESTORE-FA trial evaluating DT-216P2 in patients with Friedreich ataxia. The study observed both dose-dependent increases in FXN levels and dose-dependent improvements across multiple...
Glenfarne Alaska LNG LLC, a unit of Glenfarne Group, and ConocoPhillips Alaska (COP) said on Monday that they have signed a gas sales precedent agreement to supply natural gas from Alaska's North Slope for Phase One of the Alaska LNG project. Glenfarne said it is developing the Alaska LNG project...
Ford Energy, a wholly owned subsidiary of Ford Motor Co. (F), and EDF Power Solutions North America, an entity of the EDF Group, on Monday announced a five-year framework agreement for up to 20 gigawatt hours of battery energy storage systems. Under the agreement, EDF power solutions North America...
Ford Motor Company (F) will launch seven new passenger and commercial vehicles in Europe by 2029 and expand its software services business, as it tries to defend its lead in vans and revive passenger car division that has struggled against Chinese and European rivals. The U.S. automaker unveiled...
Monday, Boston Scientific Corporation (BSX) announced an investment of $1.5 billion in return for an approximately 34 percent equity stake in MiRus LLC. As part of the deal, Boston Scientific also received an exclusive option to acquire novel, balloon-expandable transcatheter aortic valve made with...
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.