Although T-Mobile (TMUS) hopes to close its deal to merge with Sprint (S) as early as in the first quarter of 2019, the path isn’t smooth, as the deal continues to face strong resistance. Fearing reduced competition in the wireless market and possible job losses, more than a dozen groups, including labor unions, have recently asked the Democrat-controlled US House of Representatives to hold a hearing on the T-Mobile-Sprint merger deal.
The Biden administration will miss a Wednesday deadline to report to Congress on whether Israel is violating international humanitarian law in Gaza, four sources said on Tuesday, findings that could fuel concerns over its use of U.S.-supplied weapons against the Palestinian enclave. A National Security Memorandum, known as NSM-20, that Biden issued in February requires the State Department to report to Congress by May 8 on whether it finds credible Israel's assurances that its use of U.S. weapons does not violate U.S. or international law.
OLD GREENWICH, Conn., May 07, 2024--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.13 per share of common stock, payable on June 25, 2024 to stockholders of record as of May 31, 2024.
One former Tory assembly member said the party could face “a nationwide extinction level event” if it does not learn lessons from the mayoral race
WARRENVILLE, Ill., May 07, 2024--Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the first quarter (Q1 2024) ended March 31, 2024.
EFFINGHAM, Ill., May 07, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has appointed Travis Franklin to its Board, effective May 7, 2024. Mr. Franklin has been appointed to the Board of Midland States Bank, the Company’s wholly-owned Illinois bank subsidiary. Mr. Franklin currently serves as Executive Vice President and Chief Financial Officer of Heartland Dental, LLC, a leading dental support organization that provides operation
NEW YORK, May 07, 2024--On May 7, 2024, the Board of Directors declared a quarterly cash dividend of $0.1875 per share to be paid on June 12, 2024 to shareholders of record of the Company's common stock at the close of business on May 31, 2024. Future decisions to pay dividends, and the amount of any dividend, are at the discretion of the Board and will depend upon the Company's operating performance and other factors.
NEW YORK, May 07, 2024--Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable June 15, 2024, to unitholders of record as of June 1, 2024, on its 6% Series A Preferred Units, no par value ("Series A Preferred").
Arcadium Lithium, formed earlier this year with the merger of U.S. lithium miner Livent and Australia's Allkem, on Tuesday posted lower first-quarter profit, hit by a decline in prices. Global supplies for lithium outpaced demand over 2023 fuelling a glut that has dragged prices, hurting producers such as Arcadium. However, lithium producers have stayed bullish on long-term demand for the battery material.
Jamie Foxx's grandmother Estelle Talley took him in when he was 7 months old
Met all endpoints in Phase 3 pivotal study for Anaphylm™ (epinephrine) Sublingual Film in first quarter 2024 when compared to EpiPen® and other injectors used for the treatment of anaphylaxisOn track to complete Anaphylm temperature/pH study in second quarter 2024Received positive feedback from FDA on Anaphylm self-administration and allergen exposure protocols; remains on track to complete both studies in third quarter 2024Continues to target filing an Anaphylm New Drug Application (NDA) with t
SFL Corporation Ltd. ("SFL" or the “Company”) (NYSE: SFL) plans to release its preliminary financial results for the first quarter of 2024 on Tuesday, May 14, 2024. SFL plans to host a conference call and webcast for all stakeholders and interested parties on Tuesday, May 14, 2024, at 10:00 AM (EST) / 4:00 PM (CET). Relevant material will on the same day be available from the Investor Relations section of the Company’s website at www.sflcorp.com. In order to listen to the conference call and pre
Disney's (DIS) second quarter earnings saw its direct-to-consumer streaming services Disney+ and Hulu turn a profit for the first time. S&P Global Ratings US Media and Telecom Senior Director Naveen Sarma joins Market Domination to discuss the entertainment giant's path to streaming profitability. Sarma believes that Disney will be able to catch up to Netflix's 20 to 25% margins, boiling it down to a "matter of scale" in which the company already has a lead. The analyst also tells Alexandra Canal and Josh Lipton that Disney's streaming strategy works in its favor. "By itself, Disney+ is a great product. You layer in Hulu, you add the ability to go get additional customers with R-rated programming, with general entertainment, and then you layer in sports," he explains, adding that the company's bundling strategy is a "great way to attract and retain customers, and also to be able to raise price." Despite Disney's softer guidance for the company's parks and cruise segments, Sarma is not particularly worried, explaining that these are cyclical businesses that respond to overall consumer trends. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Bankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total liabilities, its attorneys said at a Tuesday court hearing in Houston. Steward, which filed for bankruptcy protection on Monday, hopes to keep all of its hospitals open over the long term, Steward attorney Ray Schrock told U.S. Bankruptcy Judge Chris Lopez, who is overseeing the Chapter 11 proceedings. "Our goal remains that there are zero hospitals closed on our watch," Schrock said.
Disney stock retreated early Tuesday after reporting 30% earnings growth. Disney has led the Dow so far this year.
NEWARK, N.J., May 07, 2024--Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.30 per share of Common Stock, payable on June 13, 2024, to shareholders of record at the close of business on May 21, 2024.
LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (“MediaAlpha”) (NYSE: MAX) today announced the launch of an underwritten secondary public offering of 6,000,000 shares of its Class A common stock by certain selling stockholders (the “Selling Stockholders”). The Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Class A common stock. MediaAlpha is not offering any shares of Class A common stock in the offering. The Se
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MOUNTAIN VIEW, Calif. (AP) — Confluent Inc. (CFLT) on Tuesday reported a loss of $93 million in its first quarter. On a per-share basis, the Mountain View, California-based company said it had a loss of 30 cents. The results exceeded Wall Street expectations.
IRVINE, Calif., May 07, 2024--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced its first quarter 2024 financial results. As previously announced, the company produced 13,980 vehicles and delivered 13,588, exceeding its outlook with a respective 49 percent and 71 percent increase over the same period last year.
Electric-vehicle maker Rivian on Tuesday reiterated its 2024 production forecast, keeping it well below analysts' expectations, as it focuses on restarting production after a shutdown last month to upgrade its assembly line and reduce costs. The company also cut its annual capital expenditure forecast by $550 million to $1.2 billion, as it moved the start of production of its R2 midsize SUV to its Normal, Illinois plant. Analysts were expecting capital spending of $1.59 billion.
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