Lithia & Driveway (LAD) announced today an increase to its share repurchase authorization of $500M to bring the current remaining authorization to $726M. - Year to date, LAD has invested nearly $396M to repurchase 1.45M shares, representing 6.2% of outstanding shares, at a...
The funding round includes $30m in total capital to expand semiconductor R&D and testing infrastructure in India. Cyient Semiconductors has raised $10m in equity from Edelweiss-managed funds at a $500m post-money valuation. The deal also includes structured debt, bringing
A federal indictment alleges Emily Merrill stole funds over years, spending on luxury cars, travel, and high-end retail. A Texas financial controller faces federal charges after allegedly embezzling over $3 million from two Colorado-based employers. Prosecutors claim Emily
Based on several reports, the largest initial public offering (IPO) in stock market history, SpaceX, is less than three weeks from becoming a reality. Elon Musk's space and artificial intelligence (AI) conglomerate is seeking to raise approximately $75 billion and earn a $
Global capital flows into extended-stay hotels rise as demand grows for resilient, long-term accommodation formats. Global investors are increasing exposure to extended-stay hotels, drawn by stable occupancy and lower operational costs compared to traditional hotels. The s
The meteoric rise of Sandisk (NASDAQ: SNDK) stock almost seems unbelievable. If you had bought in at the initial public offering (IPO) in February 2025 at about $36 per share, you would have seen the shares skyrocket almost 4,100% to their current price of about $1,480
Shares in Sancus Lending Group, the AIM-listed specialist lender, fell 12% to 1.1p after the company said first-half profitability is below management expectations despite a sharp increase in revenue. Revenue for the four months to 30 April 2026 rose 44.1% to £8.5 million
Bank of America data shows workers who changed jobs saw after-tax wage growth of 8%, outpacing the 5% gain for those who remained. Workers who switched jobs in the first quarter experienced after-tax wage growth of 8%, compared to 5% for those who stayed with their employe
The US packaging firm adds an XL-DR machine to increase output and offer more flexible packaging formats for clients. SunDance, a US-based packaging company, has installed an XL-DR pouching machine to enhance its internal production capacity. The equipment, supplied by Sun
SpaceX’s S-1 filing reveals a $28.5 trillion addressable market, with Starlink generating $11.4 billion in 2023 revenue. SpaceX has filed for an initial public offering with a targeted valuation of $1.75 trillion, which would make it the largest IPO in history. The company
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