ADVFN US – Market Content Editor
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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…
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Dow Jones, S&P, Nasdaq, U.S. Futures Decline as Trump Targets Brazil with 50% Tariffs — Market Highlights
U.S. stock futures dipped Thursday amid investor reaction to President Donald Trump’s latest tariff moves. Brazil has become the newest focus of Trump’s trade offensive, triggered by the country’s treatment of a political ally. Meanwhile, minutes from the Federal Reserve’s recent meeting reveal some officials believe interest rate cuts could be on the horizon this…