Biotech stocks have taken a beating to start the year, with the S&P Biotech Industry Index down more than 49% so far. There are several reasons a biotech stock could go parabolic -- that is, have its shares see a sharp rise in a short period. The company could be the buyout target of a merger deal with a larger pharmaceutical company.
President’s re-election campaign believes the Sunshine State — which hasn’t gone to a Democrat in a presidential election since 2012 — is now seriously in play
McConnell will get to usher through Ukraine aid. But his accommodating of Trump risked letting Putin win in Ukraine
New York, NY, April 23, 2024 (GLOBE NEWSWIRE) -- 10X Capital Venture Acquisition Corp. III (NYSE American: VCXB) (“10X III”), announced today that New York Stock Exchange Regulation, Inc., by letter dated April 17, 2024 (the “Notice”), notified 10X III that it was not in compliance with the NYSE American LLC’s (“NYSE American”) continued listing standards because 10X III did not timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Annual Report”), which wa
OLD GREENWICH, Conn., April 23, 2024--Ellington Credit Company ("Ellington Credit" or the "Company") (NYSE: EARN) announced today that it has adopted a shareholder rights plan designed to protect shareholder value by preserving the availability of the Company’s net operating loss carryforwards ("NOLs") and other tax attributes under the Internal Revenue Code of 1986, as amended (the "IRC") (such plan, the "Tax Asset Preservation Plan").
HOUSTON, April 23, 2024--Ranger Energy Services, Inc. (NYSE:RNGR) (the "Company") will report first quarter financial and operating results before the market opens for trading on Tuesday, May 7, 2024. Following the announcement, the Company’s management will host an earnings conference call at 9:00 a.m. Eastern time (8:00 a.m. Central time).
Jahrome Hughes has become a vital cog in the Melbourne Storm machine. Read more here.
Mr. Undavia, If Elected, Will Work Constructively with the Board and Collaborate to Implement a Strategic Plan to Create Shareholder ValueBOCA RATON, Fla., April 23, 2024 (GLOBE NEWSWIRE) -- Nilesh Undavia, one of the largest shareholders of GrafTech International Ltd. (NYSE: EAF) (“GrafTech” or the “Company”), today issued the following open letter to shareholders of the Company in connection with the election of directors for the Company’s board of directors (the “Board”) at the Company’s 2024
Congress is finally providing more of the aid Ukraine needs to survive. Here's why this is money well spent.
Zion Williamson went down with a hamstring injury in their first play-in tournament game last week, and he hasn't played since.
HOUSTON, April 23, 2024--Leger Ketchum & Cohoon, PLLC, today announces a landmark victory in a personal injury case against Ford Motor Company, marking a historic moment in Colorado Springs legal history.
CHIHUAHUA, Mexico, April 23, 2024 (GLOBE NEWSWIRE) -- GCC, S.A.B. de C.V. (BMV: GCC*), a leading supplier and producer of cement and concrete in the United States and Mexico, today announced its results for the first quarter of 2024. Q1 2024 HIGHLIGHTS Consolidated net sales increased 11.9% year-on-year, to US$272.8 millionU.S. sales grew 17% as cement and concrete volumes rose 8.3% and 5.6%, respectivelyU.S. cement and concrete prices increased 5.7% and 12%, respectivelyMexico sales increased 4
Father ‘saw his little daughter die before his eyes’ says charity worker after Channel rescue
A viral TikTok video shows three actors dressed as apes from 'Kingdom of the Planet of the Apes' riding horseback on the beach in Venice, California
Pro-Palestinian encampments have started on more than a dozen American college campuses
First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net income of $112 million, an 8.2% margin, increased 56% year-over-yearFirst quarter adjusted EBITDA* of $336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis points year-over-yearCash provided by operating activities of $131 million, and adjusted free cash flow* of $8
Major indexes rose on Tuesday as Tesla, Microsoft, Meta and Google parent Alphabet head into earnings. Friday's inflation report for March is on watch.
Solar inverter maker Enphase Energy projected second-quarter revenue below analysts' estimates on Tuesday, in a sign of sluggish recovery in demand across its markets. The Fremont, California-based company forecast revenue in the range of $290 million to $330 million for the quarter ending June, compared with analysts' average estimate of $348.6 million, according to LSEG data. Rising inventory levels in Europe and a metering reform in top U.S. market California have dented demand for Enphase's inverters used in residential solar units.
Kimberly-Clark Corporation (KMB) shares get a bump higher after topping first-quarter earnings estimates, posting $5.15 billion in revenue and adjusted gains of $2.01 per share. The consumer staples brand — which includes Kleenex in its portfolio of sanitary products — is raising its full-year outlook. Market Domination Hosts Julie Hyman and Jared Blikre report on Kimberly-Clark's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Ruling affirms fair use for interoperability in the tech industry; Splunk awarded $1 for copyright and contract violationsSAN FRANCISCO, April 23, 2024 (GLOBE NEWSWIRE) -- In a victory for innovation, the United States District Court for the Northern District of California has ruled that Cribl’s use of Splunk’s Enterprise software for the purpose of reverse engineering the Splunk to Splunk (S2S) protocol is lawful fair use under US copyright laws. The Court also ruled that Cribl’s use of Splunk’
HOUSTON, April 23, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” and together with its subsidiaries, the “Company,” “we,” “us” and “our”) today announced it has increased its Credit Facility by $130 million to $680 million in aggregate commitments by adding additional lenders to its facility. The facility is now comprised of a $309 million tranche available for performance letters of credit and a $371 million tranche available for revolving loans. The Comp
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