Category: Latest News
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DallasNews Shares Surge Over 200% After Hearst’s $14 Per Share Acquisition Announcement
Shares of DallasNews Corporation (NASDAQ:DALN) skyrocketed by 208% following news that media powerhouse Hearst plans to acquire the company for $14 per share in cash. This offer represents a substantial 219% premium over DallasNews’ closing price of $4.39 on July 9. Both companies’ boards have given unanimous approval, and the deal is anticipated to close…
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Seven Hills Realty Trust Shares Dip Following Dividend Cut
Shares of Seven Hills Realty Trust (NASDAQ:SEVN) dropped 2.9% in pre-market trading Thursday after the company announced a reduction to its quarterly dividend payout. The real estate investment trust based in Newton, Massachusetts, lowered its quarterly distribution from $0.35 to $0.28 per share, marking a 20% decline. This adjustment sets the annualized dividend to $1.12…
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Conagra Brands Stock Slides After Earnings Miss and Cautious 2026 Outlook
Shares of Conagra Brands, Inc. (NYSE:CAG) declined 3.8% on Thursday after the company delivered weaker-than-expected fourth-quarter results and issued a subdued forecast for fiscal 2026. For the quarter ended May, the Chicago-based packaged foods producer reported adjusted earnings per share of $0.56, below Wall Street’s consensus of $0.59. Revenue also came in lower than expected,…
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FuelCell Energy Shares Rally on South Korean Data Center Deal
Shares of FuelCell Energy (NASDAQ:FCEL) jumped 12% following the announcement of a strategic collaboration with South Korean data center firm Inuverse to evaluate the use of up to 100 megawatts of fuel cell power systems. The two companies signed a Memorandum of Understanding (MOU) that could lead to the phased rollout of FuelCell’s technology at…
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Air Industries Shares Skyrocket After Landing $5.4M B-52 Supply Contract
Shares of Air Industries Group (NYSE:AIRI) surged 65% after the company revealed it had secured a $5.4 million contract to produce key landing gear components for the U.S. Air Force’s B-52 bomber fleet. The contract, which includes manufacturing steering collar parts, marks Air Industries’ first involvement in the B-52 program and represents a new customer…
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Simply Good Foods Lowers Full-Year Guidance After Mixed Q3 Results; Shares Dip
Shares of Simply Good Foods Co (NASDAQ:SMPL) slipped more than 3% in Thursday’s premarket session after the company posted mixed third-quarter results and tightened its full-year guidance for fiscal 2025. For Q3, the company reported earnings of $0.51 per share, slightly above Wall Street’s estimate of $0.50. However, revenue for the period came in at…
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Klotho Neurosciences Shares Jump as FDA Grants Orphan Drug Status for ALS Therapy
Shares of Klotho Neurosciences, Inc. (NASDAQ:KLTO) surged 22% following news that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to the company’s gene therapy candidate, KLTO-202, aimed at treating Amyotrophic Lateral Sclerosis (ALS). The newly designated treatment—a secreted-Klotho gene therapy utilizing a muscle-specific delivery system—is designed to target the neuromuscular junction,…
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Helen of Troy Shares Plunge Over 22% After Earnings Miss and Weak Forecast
Shares of Helen of Troy Limited (NASDAQ:HELE) tumbled 22.26% in premarket trading after the consumer products firm reported a sharp drop in first-quarter earnings that missed expectations, citing significant tariff-related headwinds. The company posted adjusted earnings of $0.41 per share, well below Wall Street’s consensus estimate of $0.93, as tariffs weighed heavily on both margins…
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MP Materials Stock Soars on Major Defense Department Partnership
MP Materials (NYSE:MP) saw its shares leap by as much as 32% in premarket trading after announcing a landmark agreement with the U.S. Department of Defense aimed at strengthening America’s rare earth supply chain and expanding domestic magnet production. The deal marks a multibillion-dollar public-private initiative, featuring a $400 million equity investment from the Defense…
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Ulta Beauty Poised to Acquire UK Retailer Space NK in Deal Topping £300 Million — Report
Ulta Beauty (NASDAQ:ULTA), the U.S.-based beauty giant with a market valuation of more than $21 billion, is reportedly on the verge of acquiring Space NK, a prominent British high street beauty retailer, from long-time owner Manzanita Capital. According to a report from Sky News on Thursday, Ulta has taken a major step toward completing the…