The Japanese conglomerate will repurchase up to ¥500B in shares after reporting earnings in line with analyst expectations. Sony Group Corp will buy back up to ¥500 billion ($3.2 billion) of its shares, the company announced Friday. The move follows a profit forecast that
The auto lending platform outlines 2026 targets after Q1 2026 results reflect strategic risk reduction efforts. Open Lending set a 2026 target of 100,000 to 110,000 certified loans while projecting $25M to $29M in adjusted EBITDA. The guidance follows a deliberate risk pul
Amneal Pharmaceuticals press release (AMRX): Q1 Non-GAAP EPS of $0.27 beats by $0.10. - Revenue of $722.52M (+3.9% Y/Y) beats by $5.74M. - Adjusted EBITDA in the first quarter of 2026 was $202 million, an increase of 19% compared to the first quarter of 2025, reflecting
The currency pair extends a two-day rally as the US Dollar firms amid broader market caution in early Asian trade. The USD/CHF pair remains above the 0.7800 level, trading around 0.7810 during Friday’s Asian session. The move marks a second consecutive day of gains for the
LPTH targets gross margins approaching 40% through capacity expansion and a $6M capital expenditure initiative. LightPath Technologies announced a $6M capital expenditure plan aimed at expanding production capacity and driving gross margins toward 40%. The move follows rec
The shipping firm increased its 1.75% convertible notes due 2031 from $150M to $200M and launched a share repurchase program. Scorpio Tankers (STNG) priced a $200M private offering of 1.75% convertible senior notes due 2031, up from the initially announced $150M. The notes
Tokyo's repeated currency interventions this week have not prevented USD/JPY from rebounding toward 157 after brief dips. Japan's Ministry of Finance intervened twice this week to weaken USD/JPY after the pair breached 160.00 last week, but the impact proved short-lived. T
The company maintains its quarterly payout at $0.0625 per share, matching the prior period and extending a seven-quarter streak. Concentra Group Holdings Parent declared a $0.0625 per share quarterly dividend, unchanged from the previous distribution. The payout yields 1.0
Company projects over $1B peak U.S. sales for treatment targeting microcystic lymphatic malformations after positive Phase III data. Palvella Therapeutics plans to submit a New Drug Application (NDA) for QTORIN rapamycin in the second half of 2026, targeting microcystic ly
NBH Holdings maintains its quarterly dividend at $0.32 per share, yielding 2.99% with a June 15 payment date. NBH Holdings announced a $0.32 per share quarterly dividend, unchanged from the previous quarter. The payout will be distributed on June 15 to shareholders of reco
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