ADVFN US – Market Content Editor
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SSR Mining agrees $1.5 billion sale of Çöpler mine stake to Cengiz Holding
SSR Mining Inc. (NASDAQ:SSRM) has entered into a definitive agreement to sell its 80% interest in the Çöpler mine and associated assets in Turkey to Cengiz Holding A.S. for $1.5 billion in cash. The deal follows a memorandum of understanding between the two companies that was announced in March 2026. Completion of the transaction remains…
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KalVista posts $49.1 million in EKTERLY revenue during eight-month transition period
KalVista Pharmaceuticals Inc. (NASDAQ:KALV) reported global net product revenue of $49.1 million from its therapy EKTERLY during the eight-month period ending December 31, 2025, according to financial results covering the company’s fiscal transition period. Since launch through February, KalVista received 1,702 patient start forms in the United States, representing roughly 20% of the estimated U.S.…
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Baozun tops Q4 earnings forecasts but shares slip slightly
Baozun Inc. (NASDAQ:BZUN) reported fourth-quarter adjusted earnings of RMB2.75 per ADS ($0.39) on Wednesday, surpassing analyst expectations of RMB1.80. Despite the earnings beat, the company’s shares fell about 1.4% in premarket trading following the release of the results. The brand e-commerce solutions provider generated quarterly revenue of RMB3.17 billion ($453.6 million) for the period ending…
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Cognyte shares jump more than 7% after earnings beat and strong outlook
Cognyte Software Ltd. (NASDAQ:CGNT) shares rose over 7% in premarket trading Wednesday after the company reported fourth-quarter results that came in ahead of market expectations and issued an optimistic forecast. For the quarter, Cognyte posted adjusted earnings per share of $0.10, exceeding analyst estimates by $0.07. Revenue reached $106.2 million, also beating the consensus forecast…
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Novo Nordisk and United Laboratories report encouraging phase 2 results for diabetes drug UBT251
Novo Nordisk A/S (NYSE:NVO) and The United Laboratories International Holdings Limited said Wednesday that their jointly developed treatment UBT251 delivered strong improvements in blood glucose control and weight reduction in a phase 2 clinical trial involving Chinese patients with type 2 diabetes. The study evaluated UBT251, a triple agonist designed to activate GLP-1, GIP and…
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Terns Pharma stock jumps on report of potential $6B takeover by Merck
Terns Pharmaceuticals (NASDAQ:TERN) shares surged in premarket trading after a report indicated that Merck & Company (NYSE:MRK) is close to agreeing a deal to acquire the biotech firm for roughly $6 billion. According to the Financial Times, the proposed all-cash transaction could be finalized within days and would value Terns at a premium to its…
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Arm shares surge as analysts welcome launch of new AGI processor
Arm Holdings (NASDAQ:ARM) shares climbed about 13% in premarket trading on Wednesday after analysts delivered positive reactions to the company’s newly introduced internally developed processor, describing it as a significant step that could broaden Arm’s business model and strengthen its long-term earnings potential. Analyst Simon Leopold at Raymond James upgraded the stock to Outperform and…
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ADMA Biologics rejects claims made in short-seller report
ADMA Biologics Inc. (NASDAQ:ADMA) has pushed back against allegations contained in a report released by Culper Research on March 24, saying the document includes “misleading, false and inaccurate statements” and relies on “speculative assertions derived from unidentified and unreliable sources.” Culper Research disclosed that it holds a short position in ADMA shares. The firm has…
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UPS launches $100 million logistics hub in Taiwan to support growing tech demand
United Parcel Service (NYSE:UPS) has inaugurated a new $100 million logistics center in Taiwan, its largest facility in the Asia-Pacific region, as demand linked to the technology sector continues to expand. The new hub is located in Taoyuan in northern Taiwan, close to the island’s main international airport. Applied Materials (NASDAQ:AMAT), the largest U.S. producer…
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Zillow unveils AI-powered conversational tool for home search
Zillow Group Inc. (NASDAQ:ZG) has introduced Zillow AI mode, a new conversational search feature designed to help users find homes, receive guidance, and carry out actions such as booking property tours or contacting agents using natural language prompts. The feature is currently being tested in beta with a limited group of users and is expected…