ADVFN US – Market Content Editor

Shares of SigmaTron International Inc. (NASDAQ:SGMA) experienced a dramatic surge of nearly 128% today after the company revealed it has entered into a definitive merger agreement with Transom Capital Group, LLC. The deal values SigmaTron, a provider of electronic manufacturing services, at close to $83 million. As part of the agreement, Transom Capital will initiate…

Shares of B. Riley Financial, Inc. (NASDAQ:RILY) surged 15% after the company announced a private bond exchange agreement designed to cut its debt by about $46 million. The diversified financial services firm disclosed that it has reached an arrangement with an institutional investor to swap approximately $139 million of outstanding Senior Notes for $93 million…

Super Micro Computer (NASDAQ:SMCI) is preparing to ramp up its domestic manufacturing capabilities in response to the escalating global need for artificial intelligence (AI) infrastructure, according to a report published by the Wall Street Journal on Tuesday evening. In an interview held Monday, CEO and Chairman Charles Liang discussed the company’s ambitions to broaden its…

Take-Two Interactive (NASDAQ:TTWO) saw its shares retreat in premarket trading Wednesday, after the company unveiled plans to raise $1 billion through a common stock offering. The stock slipped nearly 4% ahead of the market open, although it remains up by approximately 30% year-to-date. The gaming giant said it intends to use the capital for general…

Target Corp. reported disappointing first-quarter results on Wednesday, missing Wall Street estimates and revising its full-year outlook downward. The news weighed on the stock, which slipped 1.5% in premarket trading. For the quarter ending April 29, the retail giant posted adjusted earnings per share of $1.30, falling short of analysts’ expectations of $1.65. Revenue came…

Medtronic (NYSE:MDT) delivered stronger-than-expected results for the fourth quarter of fiscal 2025 but offered a full-year forecast that came in below Wall Street’s expectations. In a strategic shift, the medical technology company also revealed plans to spin off its Diabetes division. Shares of Medtronic edged up less than 1% in pre-market trading Wednesday following the…

Canada Goose Holdings Inc. (NYSE:GOOS) saw its shares soar 6.5% in pre-market trading on Wednesday, following the release of stronger-than-expected earnings for its fiscal fourth quarter. The luxury apparel brand posted adjusted earnings per share of C$0.33, handily outperforming analyst expectations of C$0.16. Quarterly revenue climbed 7.4% year-over-year to C$384.6 million, ahead of the C$355.05…

Dycom Industries (NYSE:DY) kicked off fiscal 2026 with solid results, reporting a 10.2% year-over-year revenue increase in its first quarter and raising its full-year forecast – moves that pushed the stock up 6.9% in early trading on Wednesday. For the quarter ending April 26, 2025, the specialty contractor brought in $1.259 billion in revenue, up…

Crude oil prices surged on Wednesday following media reports suggesting Israel may be preparing for a military strike on Iran’s nuclear facilities – a development that has reignited concerns over potential supply disruptions in the region. As of 07:35 ET, Brent crude futures rose 0.7% to $65.82 per barrel, while West Texas Intermediate (WTI) crude…

FinVolution Group (NYSE:FINV) shares saw a modest uptick in pre-market trading on Wednesday after the company reported first-quarter results that surpassed analyst forecasts. The Chinese fintech firm reported adjusted earnings per share of RMB2.97 ($0.41), a notable improvement from the same period last year, which saw no earnings. Revenue climbed 10% year-over-year to RMB3.48 billion…