Category: Latest News
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Vanda shares slide after FDA turns down jet lag use for HETLIOZ
Vanda Pharmaceuticals (NASDAQ:VNDA) saw its shares drop about 12% on Thursday after announcing that the U.S. Food and Drug Administration has declined to approve its application to use HETLIOZ for the treatment of jet lag disorder. The FDA’s Center for Drug Evaluation and Research said the supplemental New Drug Application (sNDA) for HETLIOZ (tasimelteon) cannot…
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Lindsay shares edge lower as weaker sales offset modest earnings beat
Lindsay Corporation (NYSE:LNN) reported first-quarter fiscal 2026 results on Thursday that narrowly topped profit expectations, though softer-than-anticipated revenue weighed on investor sentiment. The update left the company’s shares down about 1.3% in pre-market trading. Lindsay posted adjusted earnings of $1.54 per share, just ahead of the consensus estimate of $1.53. Revenue, however, totalled $155.8 million,…
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Neogen shares jump as Q2 results beat forecasts and outlook improves
Neogen Corporation (NASDAQ:NEOG) delivered a strong second-quarter earnings surprise on Thursday, topping market expectations even as reported revenue edged lower from a year earlier. The update sparked a sharp market reaction, with the food and animal safety group’s shares surging about 20.6% in pre-market trading. For the quarter ended November 30, 2025, Neogen reported adjusted…
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Almonty Industries Crosses the Line: From Tungsten Build to Cash-Flow Reality
2025 was an exceptionally successful year for Almonty Industries Inc. (TSX:AII) (NASDAQ:ALM) (ASX:AII). CEO Lewis Black led the company onto the NASDAQ, raised over USD 200 million in fresh capital, acquired a tungsten project in Montana (USA), advanced the development of the mine in Portugal, and – just in time for the Christmas season –…
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Trade war over batteries: China’s export restrictions force the West to act – and position NEO Battery Materials as a potential game changer for AeroVironment and DroneShield
The geopolitical map of the technology sector is currently being redrawn. After China drastically tightened export controls in recent weeks on critical drone components and high-performance batteries, Western defense companies are increasingly facing supply chain risks. In this strategic environment, the Canadian company NEO Battery Materials is evolving from a pure technology developer into a…
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Nvidia tightens payment terms for Chinese orders of H200 AI processors
Nvidia (NASDAQ:NVDA) is requiring customers in China to settle orders for its H200 artificial intelligence chips in full at the time of purchase, according to a Reuters report published on Thursday that cited people familiar with the situation. Under the revised terms, orders must be prepaid and are subject to strict conditions, leaving no scope…
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Equinor secures long-term maintenance framework contracts worth nearly $10bn
Equinor (NYSE:EQNR) said on Thursday it has entered into a series of framework agreements with a combined value of around 100 billion Norwegian crowns ($9.93 billion) to cover maintenance and modification work across its portfolio of offshore and onshore assets. The agreements run for an initial five-year term and include options for extensions of up…
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Rivian to recall about 20,000 U.S. vehicles over rear suspension assembly issue
Rivian Automotive (NASDAQ:RIVN) is recalling 19,641 R1S and R1T electric vehicles in the United States that had previously undergone servicing, after identifying that a rear toe link component may have been incorrectly reassembled, according to the National Highway Traffic Safety Administration on Thursday. The regulator said Rivian will replace the rear toe link bolts at…
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Gold retreats from weekly highs as stronger dollar and payrolls data loom
Gold prices continued to ease during Asian trading on Thursday, extending a pullback from early-week highs as a firmer U.S. dollar reduced demand for bullion ahead of closely watched U.S. labour market data. Spot gold was down 0.5% at $4,436.62 per ounce by 06:40 GMT, while U.S. gold futures slipped 0.4% to $4,442.86 per ounce,…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets in motion: futures slip, Samsung boosts profit outlook, Bitcoin retreats
U.S. equity futures moved lower on Thursday as investors looked ahead to key U.S. labour market data later in the week and weighed ongoing geopolitical developments. Oil prices stabilised after recent losses, Samsung delivered a stronger-than-expected profit outlook for the fourth quarter, and Bitcoin dropped back below the $91,000 level. U.S. futures drift lower U.S.…