JHVEPhoto Eli Lilly (NYSE:LLY) said Friday it expects to report Q2 IPR&D pre-tax charges of around $154M, amounting to approximately $0.14 a share on a GAAP and non-GAAP basis, according to Bloomberg. Analysts were expecting Lilly to report Q2 GAAP EPS of $2.76 and non-GAAP EPS of $2.81. The drugmakerContinue Reading
FS Bancorp (NASDAQ:FSBW) declares $0.27/share quarterly dividend, 3.8% increase from prior dividend of $0.26. Forward yield 2.96% Payable Aug. 21; for shareholders of record Aug. 7; ex-div Aug. 7. The company raised its quarterly dividend by 3.8% after paying a quarterly dividend of $0.26 in each of the previous 2Continue Reading
Natali_Mis/iStock via Getty Images SuRo Capital (NASDAQ:SSSS) estimated its net asset value per share to be $6.70-$7.20 at June 30, 2024, representing -6.6% to +0.4% from $7.17 at March 31, 2024, the company said on Thursday. “We remain incredibly enthusiastic about both our investment pipeline and our current portfolio asContinue Reading
Aleksandra Zhilenkova MNC Capital announced on Wednesday that it continues to be committed to acquire Vista Outdoor (NYSE:VSTO) at $42 per share. The firm said its offer is still open for the Vista Outdoor (VSTO) board to accept. Since delivering executed financing commitments and a merger agreement on July 1st,Continue Reading
DariaRen Blank check company created for the purpose of mergers and acquisitions – SIM Acquisition (SIMAU) (SIMA) priced its initial offering of 20M units at $10 per share. The units are expected to be listed on Nasdaq and begin trading on July 10 under the ticker symbol “SIMAU.” Each unitContinue Reading
Khanchit Khirisutchalual/iStock via Getty Images Envestnet (NYSE:ENV) rose 2% on a report that buyout firm Bain Capital is in advanced talks to purchase the wealth-management software firm. The price for a deal is around Envestnet’s (ENV) current stock price of around $63 and could be announced as soon as thisContinue Reading
Holly Guerrio/iStock Editorial via Getty Images Cinemark (NYSE:CNK) was upgraded by B. Riley to “Buy” from “Neutral,” with ratings firm expecting an upside for the shares of the movie theater chain versus its industry peers. B. Riley acknowledged that while most of the group has lagged during 2024, it “underestimatedContinue Reading
Siriporn Lin/iStock via Getty Images Update 2:45pm: Adds Solventum response. MediWound (NASDAQ:MDWD) soared 34% amid a report that Solventum (SOLV) made a $34 a share offer for the company. The management of MediWound (MDWD) is said to be evaluating the offer, according to a report from Israel’s The Marker earlierContinue Reading
IM Cannabis (NASDAQ:IMCC) on Friday said that its board has approved the consolidation of its issued and outstanding shares on the basis of 1 post-consolidated common share for every 6 pre-consolidated common shares. The company added that July 12, 2024, has been set as the effective date of the consolidation.Continue Reading
G.E.T.T Gold (TSXV:GETT:CA) said the company has received approval of the TSX Venture Exchange for the consolidation of the company’s issued and outstanding common shares on the basis of one new common shares for every ten existing common shares. The company’s common shares will begin trading on the exchange onContinue Reading
