UK regulators conditionally clear the $3.7B merger, requiring Shutterstock to divest its editorial business to address competition concerns. Britain’s Competition and Markets Authority approved Getty Images’ $3.7B acquisition of Shutterstock, contingent on the sale of Shut
SPHR partners with Abu Dhabi authorities to build its first international Sphere venue on Yas Island, marking a key expansion step. Sphere Entertainment Co. (SPHR) will develop Sphere Abu Dhabi on Yas Island, its first venue outside the U.S. The project is a collaboration
The AI startup reported a wider-than-expected GAAP loss and minimal revenue for the quarter ended March 31. Arrive AI Inc. reported a first-quarter GAAP loss of $0.18 per share, missing estimates by $0.06. Revenue reached just $0.01 million for the period. The compa
Applied Materials' Q2 results beat estimates Applied Materials reported solid second quarter results, beating estimates. The company's outlook also exceeded expectations, leading to positive reactions from analysts. The chip equipment maker's shares dipped about 2%
Genco Shipping's directors deemed the unsolicited offer too low and lacking a control premium for shareholders. Genco Shipping & Trading Ltd's board unanimously rejected Diana Shipping Inc's unsolicited tender offer of $23.50 per share in cash. The board stated the bid und
The insurer maintains its dividend at $0.315 per share for the second straight quarter, yielding 3.22% forward. Old Republic International Corp declared a $0.315 per share quarterly dividend, unchanged from the previous period. The payout yields 3.22% on a forward basis.</
NeXGold Mining Corp. reports a wider quarterly loss and reduced cash position despite proceeds from warrant exercises. NeXGold Mining Corp. reported a first-quarter net loss of $11.4 million, or $0.05 per share, widening from a $9.4 million loss, or $0.07 per share, in the
Babcock & Wilcox priced a public offering at $18.50 Babcock & Wilcox Enterprises priced a public offering of 10.8M shares at $18.50 to raise approximately $200M. The company's shares fell nearly -9% premarket on Friday following the announcement. The offering pri
Stocks gap higher in premarket trading while Nasdaq futures underperform after US-China discussions excluded semiconductor focus. Several stocks opened higher in premarket trading Friday, contrasting with broader market weakness. Nasdaq futures led declines among major ind
The biotech firm reported a larger adjusted net loss of $2.1 million for Q1, up from $1.3 million a year earlier. Purple Biotech reported a first-quarter GAAP loss of $0.09 per share, reflecting a deeper financial deficit. The company’s adjusted net loss widened to $2.1 mi
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