Investors pushed Fermi shares down 13% to $6.39 in after-hours trading Thursday, reacting to the company's announcement of a $350 million convertible senior notes offering due in 2031. The move, disclosed in a Securities and Exchange Commission filing, includes an option for purchasers to acquire an additional $52.5 million in notes.
A severe weather event has forced International Paper to shutter its Pine Hill, Alabama, manufacturing facility after the building sustained critical structural damage to its roof. The company announced the suspension on Thursday, prioritizing the safety of its onsite personnel and contractors while technicians evaluate the extent of necessary repairs.
A 6.5% drop in after-hours trading greeted Brookdale Senior Living on Thursday, as investors reacted to the latest occupancy data. Despite a year-to-date rally of 42%, the stock retreated to $14.29 following the company's disclosure of growth figures for the second quarter and the month of June.
After seventeen years within the carrier’s executive ranks, Wade Steel has been promoted to president and chief operating officer of SkyWest Airlines. The appointment signals a consolidation of leadership at the subsidiary, placing a veteran strategist in charge of its massive regional operations and complex partner network.
Ryder System is rewarding its shareholders with an 11% increase in its quarterly cash dividend, pushing the payout to $1.01 per share. This adjustment, up from the previous 91 cents, reflects a forward-looking annual rate of $4.04 and establishes a dividend yield of approximately 1.5% based on recent market pricing.
A 4.5% slide in Bausch + Lomb shares followed the company’s decision to abandon its topical glaucoma eye drop, BL1107, after the drug failed to hit primary targets in a phase 2 clinical trial. The setback forces a shift in strategy for the treatment, which initially showed promise in smaller studies.
Overland Park-based Med James is joining the ranks of Arthur J. Gallagher as the insurance giant moves to fortify its wholesale brokerage footprint. The managing general agency will fold into Risk Placement Services, the firm’s specialized division handling binding authority and program business across the United States.
Industrial and transportation shares struggled to keep pace with the broader market as investors recalibrated their portfolios against the backdrop of escalating conflict in the Middle East. U.S. forces launched a second consecutive night of strikes against Iranian targets in retaliation for repeated vessel attacks in the Strait of Hormuz.
A retreating U.S. dollar triggered a broad rally across raw materials on Tuesday, pushing gold futures up 1.5% to $4130.60 per troy ounce. While precious metals found immediate support in currency fluctuations, the broader sector faces significant headwinds from cooling industrial demand and intensifying legal scrutiny.
Energy equities retreated today as oil futures surrendered earlier gains, reflecting a cooling of investor anxiety. Despite intensified military friction near the Strait of Hormuz, traders are betting that the June peace agreement remains intact and that global shipping lanes will avoid a protracted blockade.
AstraZeneca and Ionis Pharmaceuticals saw their share prices plummet after their collaborative heart disease treatment, Wainua, failed to reach its primary efficacy endpoint in a late-stage clinical trial. The disappointing results arrived as investors shifted capital away from defensive health-care stocks and back into higher-growth technology equities.
Global markets brushed off a gloomy forecast from PepsiCo as consumer sector stocks climbed, signaling investor confidence despite rising operational costs. While the snack giant warned that geopolitical tensions in Iran have curtailed demand for its beverages and snacks, broader retail data suggests the appetite for goods remains resilient.
Financial stocks ticked upward as investors positioned themselves for next week’s earnings reports, with JPMorgan Chase leading the charge. The nation’s largest bank by assets climbed to within 2% of its all-time high, signaling strong market anticipation despite broader volatility across the financial sector.
A sevenfold oversubscription for SK Hynix’s U.S. market listing has injected fresh optimism into the semiconductor sector, triggering a sharp recovery across tech stocks. This surge arrives just days after a bruising selloff, providing a critical counterbalance to recent investor anxiety surrounding the memory-chip industry’s performance.
As geopolitical tensions surrounding Iran cooled, investors pivoted back toward higher-risk assets, fueling a broad rally across communications services. Yet, the sector’s recovery remains uneven, hampered by persistent fears of satellite competition and mounting worries that rising fuel costs may erode consumer appetite for entertainment.
To secure its standing on the NYSE American Stock Exchange, Air Industries Group has overhauled its merger agreement with Tenax Aerospace Acquisition. The revised terms scrap a previously planned tender offer and introduce a mandatory reverse stock split, signaling a strategic shift to satisfy the exchange's stringent listing requirements.
A rotation out of defensive positions triggered a pullback in power producer shares today, as market sentiment shifted back toward high-risk technology assets. Investors weighed persistent volatility in Treasury yields against conflicting signals regarding Middle Eastern geopolitical tensions and the broader health of the domestic economy.
After eleven years under co-founder David Gandler, FuboTV is handing the reins to veteran streaming executive Alisa Bowen. Her appointment, effective July 10, signals a strategic pivot for the live TV platform as it attempts to sharpen its content focus and accelerate the push toward long-term profitability.
Double-digit revenue growth is expected across the U.S. airline sector as carriers sustain high ticket prices despite earlier fuel volatility. With corporate travel rebounding and premium demand holding steady, industry analysts anticipate a profitable summer season, signaling a robust recovery even as economic pressures persist.
Veolia Environnement held 82,789 shares and 17.74 million euros in its liquidity account as of June 30, 2026, according to the latest regulatory filing managed by Kepler Cheuvreux.
Aehr Test Systems shares jumped 13% to $76.44 on Thursday after the company secured a follow-on production order for its FOX-XP wafer-level burn-in system. This latest contract marks another expansion for the semiconductor equipment provider as it continues a year-long rally that has seen its stock price quintuple.
With heavy-mineral sands and rare-earth elements in its sights, Australian explorer Chilwa Minerals is taking its ambitions to the U.S. market. The company filed paperwork on Thursday to list its American depositary shares on the Nasdaq Capital Market, aiming to fuel a ramp-up of its operations in Malawi.
After a volatile return to trading this week, SRX Global shares climbed 15% to $2.26 on Thursday following the company’s decision to authorize a repurchase of up to 50% of its outstanding stock. The move comes as the firm attempts to stabilize its market position after a severe year-to-date decline.
The U.S. Army has committed $84 million to procure additional Falcon manpack radios from L3Harris Technologies, marking the second major order under the military’s Next Generation Command and Control initiative. This latest investment follows a $24 million contract awarded to the Melbourne-based firm just last October.
A 1,200-acre acquisition in Matagorda County has sent MARA Holdings shares climbing, as the firm pivots toward a massive expansion of its digital infrastructure. By securing a site capable of delivering two gigawatts of grid capacity, the company is positioning itself to scale high-performance computing and bitcoin mining operations significantly.
A volatile exchange of military strikes between the U.S. and Iran failed to sustain a rally in energy futures on Thursday, as traders recalibrated the risk to oil flows through the Strait of Hormuz. Instead of climbing, benchmarks across the board retreated by midday amid cooling investor sentiment.
Robust demand across Canada and the United States pushed Richelieu Hardware to a 3.2% gain in second-quarter net earnings. The Montreal-based specialty firm reported profit attributable to shareholders reached 23.2 million Canadian dollars, or C$0.42 per share, fueled by a 3.9% uptick in total sales.
Investors pushed First Majestic Silver shares up 8.5% to 24.28 Canadian dollars Thursday morning, reacting to a sharp hike in the miner’s annual production outlook. The company cited consistent operational gains and improved throughput capacity across its mine sites as the primary drivers behind the rosier forecast.
A 26% plunge in Byrna Technologies shares to $4.37 followed the personal-defense firm’s announcement of a $10.1 million loss for the fiscal second quarter. The sharp decline deepens a difficult year for the company, which has seen its market value erode by 74% since January.
After a twenty-year tenure at Estée Lauder and a leadership role at Dyson, Kathleen Van Nest Pierce is taking the helm of J.Crew. Starting August 4, she assumes the newly created position of brand president, charged with steering the retailer’s design, merchandising, and marketing operations toward a period of accelerated growth.
