The biotech firm secured $98 million in a public offering and expects an additional $67 million from a private placement. Alvotech (NASDAQ:ALVO) completed a public offering of 26,066,667 ordinary shares at $3.75 per share, raising $98 million in gross proceeds. The underwr
The MXN$173 million facility from FIFOMI will fund development of the Panuco project in Sinaloa over five years. Vizsla Silver Corp. (VZLA) secured a $10 million unsecured working capital facility from Mexican government-backed lender FIFOMI. The funding, equivalent to MXN
Mitsubishi Fuso selects Clarivate’s IPfolio platform to streamline patent and trademark management, enhancing operational efficiency. Clarivate (NYSE:CLVT) secured a contract with Mitsubishi Fuso Truck and Bus Corporation to deploy its IPfolio platform for intellectual pro
High-yield dividend portfolios in California face effective tax rates exceeding 50%, sharply reducing spendable income for top-bracket investors. A $2 million dividend portfolio yielding 12% in ordinary income delivers just $120,000 after California’s combined federal, sta
SMH outperforms peers with a 71% year-to-date gain as tech giants allocate billions to AI-driven semiconductor infrastructure. The VanEck Semiconductor ETF (NASDAQ: SMH) has climbed 71% year-to-date through June 16, driven by massive capital expenditures from tech leaders
Inflation outpaced wage growth, eroding real earnings by 0.71% despite nominal hourly pay rising to $37.53 in May 2026. The median American full-time worker earned $1,235 weekly in early 2026, or $64,000 annually before taxes and deductions. After federal income tax, Socia
Apple comprises one-fifth of Berkshire Hathaway’s $341 billion equity holdings as the tech giant expands AI-driven products. Berkshire Hathaway’s $341 billion public equities portfolio has 20% allocated to Apple, its largest single holding. The position, initiated in early
A director acquired 17,500 PBLS shares at $27.06, increasing indirect holdings to 30,000 shares after the company's recent IPO. A director of Parabilis Medicines (NASDAQ:PBLS) bought 17,500 shares in open-market transactions for approximately $474,000, according to an SEC
The bank raised its 2026 earnings-per-share estimate to $340, driving the new year-end index forecast with minimal multiple expansion. Wells Fargo increased its year-end 2026 S&P 500 target to 7,950 from 7,300, reflecting a 5.2% upside from the June 16 close near 7,554. Th
State Street’s XLP provides low-cost, broad staples exposure, while First Trust’s FTXG targets food and beverage with smart-beta criteria. State Street’s Consumer Staples Select Sector SPDR ETF (XLP) and First Trust’s Nasdaq Food & Beverage ETF (FTXG) cater to investors se
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