TXO Partners (NYSE:TXO) announces the pricing of its upsized public offering of 6.5 million common units at $20.00 per share. The offering was increased from the previously announced 5 million to 6.5 million common units. In addition, the company granted the underwriters an option to purchase up to an additionalContinue Reading
Gray Kotze/iStock via Getty Images Pet products retailers Chewy (NYSE:CHWY) has agreed to repurchase an aggregate of 17,550,000 shares of its Class A common stock, at a price per share of $28.49, it said Wednesday after market. The price represents a 5% discount to Tuesday’s close, resulting in an aggregateContinue Reading
Petrovich9/iStock via Getty Images AeroVironment’s (NASDAQ:AVAV) stock fell 6.6% in extended trading Wednesday after the maker of military drones and unmanned vehicles reported a steep decline in earnings while still beating the average estimate among Wall Street analysts. Earnings adjusted for one-item items fell 57% from a year earlier toContinue Reading
Shares of Levi Strauss (NYSE:LEVI) are nearly 13% lower in after-hours trading, weighed down by a slight miss in FQ3 revenue and bottom-line FY24 sales guidance that came in below expectations. The revenue miss and unchanged guidance both overshadowed better-than-expected profits and a hike in the company’s quarterly dividend. TheContinue Reading
thamerpic/iStock Editorial via Getty Images U.K. asset manager Legal & General Investment Management said Wednesday it will sell some of its Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) shares because of concerns about its production of thermal coal. LGIM said its decision followed last year’s shareholder resolution at Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) that requested theContinue Reading
vchal/iStock via Getty Images NuScale Power (NYSE:SMR) is continuing a big run after the U.S. Department of Energy said it would fund up to $900M to aid in the deployment of small modular nuclear reactors. Since the announcement a week ago, the stock has soared 30%, including another 10% moveContinue Reading
JHVEPhoto Enovix (NASDAQ:ENVX) Tuesday said that it has signed an agreement with a California-based technology company to provide silicon batteries and packs for a mixed reality headset, sending shares up ~14% in early trade. Under the terms of the agreement, Enovix (ENVX) will receive an immediate one-time payment for toolingContinue Reading
Oragenics (NYSE:OGEN) said on Monday it was proposing to offer and sell shares of its common stock (or pre-funded warrants) in a public offering. Shares of OGEN fell 6.02% in extended trading. The company said that all the securities to be sold in the offering are to be offered by Oragenics. OGEN plans to use the offering to fund theContinue Reading
Thank you for your assistant/iStock via Getty Images Enerpac Tool Group (NYSE:EPAC) fell 12% in extended trading Monday after the maker of hydraulic tools said quarterly sales fell with softening demand. Revenue fell 3.8% from a year earlier to $150.4 million, missing the consensus estimate of about $153 million forContinue Reading
