Tech-enabled payments company in U.S. and Canada – Sezzle (NASDAQ:SEZL) stock price dipped 11% on Wednesday during after hours of trade as it proposed secondary offering of ~3.41M shares. The selling stockholders are not being underwritten by any investment bank. The company will not receive any proceeds from the offering as itContinue Reading
Jin_Youngin/iStock via Getty Images Vestis Corp (NYSE:VSTS) fell 4% despite some takeover speculation for the uniform maker. There’s some speculation that Vestis (VSTS) has attracted acquisition interest potentially from a larger rival, according to a Betaville “uncooked” alert on Wednesday, which cited people following the matter. Shares of Vestis (VSTS)Continue Reading
Alexey Dozmorov/iStock via Getty Images Endeavour Silver (NYSE:EXK) -3.7% in Tuesday’s trading after reporting Q2 production of more than 1.3M silver oz and 10,549 gold oz, for silver equivalent output of 2.15M oz, which the company said is tracking to the upper range of full-year guidance of 8.1M-8.8M silver equivalentContinue Reading
Bitcoin (BTC-USD) is set to fall 6.5% on a weekly basis, as defunct Japanese exchange Mt. Gox starts its payout process. The oldest cryptocurrency saw a gradual decline throughout the week, and slipped below the $60K mark on Wednesday. BTC dropped below the 200-day moving average on Thursday, as Mt.Continue Reading
vzphotos/iStock Editorial via Getty Images Cerevel Therapeutics (NASDAQ:CERE) quickly fell 4% amid a report about the Federal Trade Commission’s review of its sale to AbbVie. The staff of the FTC’s Mergers 1 section is said to be apparently considering a recommendation to block the Cerevel (CERE) deal, according to aContinue Reading
RistoArnaudov/E+ via Getty Images Services PMI in the United Kingdom decreased to 52.10 points in June from 52.90 points in May 2024. Key findings include: demand for services improves, but at relatively soft pace; confidence dips slightly amid general election uncertainty. “Prices still continue to show a high degree ofContinue Reading
Pgiam/iStock via Getty Images Shares of Incyte (NASDAQ:INCY) traded lower on Tuesday after BMO Capital Markets downgraded the drugmaker to underperform from market perform, citing the potential consequences of the company’s recently announced $2B share buybacks. The transaction targeted for up to $1.672B worth of Incyte’s (INCY) common stock “appearsContinue Reading
Jul. 02, 2024 5:04 AM ETEuro / US Dollar (EUR:USD), USD:EUREWG, GF, EWI, EWQ, USD, FGM, HEWG, DAXBy: Manshi Mamtora, CFA andresr Inflation rate in the Euro Area decreased to 2.50% in June from 2.60% in May 2024, lower than consensus of 2.5%. The Consumer Price Index increased 0.20% inContinue Reading
Maksim Labkouski/iStock via Getty Images R1 RCM (NASDAQ:RCM) fell 9.2% in after hours trading after New Mountain Capital said it’s no longer interested in pursuing a joint proposal with TCP-ASC. New Mountain and TCP-ASC have engaged in discussions and mutual due diligence with respect to a potential joint acquisition ofContinue Reading
Debora Vandor/iStock via Getty Images Hawaiian Electric (NYSE:HE) fell 9.3% at least partly amid a report that the Federal Bureau of Alcohol, Tobacco, Firearms and Explosives has completed its report on the cause of the Maui wildfires. The public won’t be able to see the report until the Maui FireContinue Reading
