ADVFN US – Market Content Editor

Xcel Brands, Inc. (NASDAQ:XELB) reported a fourth-quarter adjusted loss of $0.32 per share on revenue of $1.2 million as the media and consumer products company continues restructuring its business model. Revenue was unchanged from the same quarter a year earlier and sharply lower than the $8.3 million reported for the full year 2024. The results…

Adagio Medical Holdings Inc. (NASDAQ:ADGM) said it has received Investigational Device Exemption (IDE) authorization from the U.S. Food and Drug Administration to expand its FULCRUM-VT clinical trial assessing the company’s next-generation vCLAS Ultra-Low Temperature Ablation Ventricular Ablation System for the treatment of Sustained Monomorphic Ventricular Tachycardia. The approval enables Adagio to launch a clinical sub-study…

Rubrik (NYSE:RBRK) said it has been designated a preferred cybersecurity provider by the American Hospital Association, a move that gives the data protection firm access to nearly 5,000 member hospitals across the United States. Through the designation, Rubrik will be able to offer cyber resilience solutions, data protection services, ransomware preparedness training and financial risk…

Unity Software (NYSE:U) stock rose about 8% on Wednesday after the company revealed it had extended its multi-year virtual reality collaboration with Meta Platforms. The renewed agreement is intended to strengthen tools and support available to VR developers, helping them more easily build, launch and scale applications and games on Meta’s virtual reality ecosystem. As…

U.S. stock futures point to a sharply higher open on Wednesday, suggesting equities could stage a strong rally when trading begins. Investor optimism has been fueled by news that the United States, Israel and Iran have agreed to a two-week ceasefire, a development likely to trigger significant buying activity at the start of the session.…

Lumentum Holdings Inc. (NASDAQ:LITE) said it has reached exchange agreements with certain holders of its convertible debt to issue about 5.7 million shares of common stock in return for $474.6 million in outstanding convertible notes. The exchange covers around $264.8 million of the company’s 0.50% Convertible Senior Notes maturing in 2026 and approximately $209.8 million…

Vistance Networks (NASDAQ:VISN) said its board has approved a special cash distribution of $10.00 per share, according to a company announcement. The payment will be made on April 27, 2026, to shareholders on record as of April 17, 2026. The Richardson, Texas–based networking solutions company plans to finance the payout using available cash reserves, including…

NANO Nuclear Energy Inc. (NASDAQ:NNE) said it has submitted a private proposal to Argentina’s state-owned nuclear company Dioxitek S.A. to explore the joint development of a natural uranium hexafluoride production facility. The plan would involve constructing the facility using Dioxitek’s existing infrastructure in Argentina. Dioxitek currently operates as the country’s only supplier of feedstock for…