Market Quotes

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Eric Honroth Tapped to Lead AngioDynamics Following CEO Retirement

After an extensive search to fill the vacancy left by James Clemmer, medical-technology firm AngioDynamics has appointed Eric Honroth as its new president and chief executive. Honroth, formerly a top executive at Sweden’s Getinge, will formally assume his leadership duties and a seat on the board of directors on November 2.

Atrium Therapeutics Secures $50 Million in Private Placement

A 12% surge in premarket trading greeted Atrium Therapeutics on Thursday following the announcement of a $50 million private placement. The move arrives as a necessary pivot for the biotech firm, which has seen its share price crater by nearly 50% since the start of the year.

Endeavour Silver Downgrades Outlook After Mine Disruptions

A 12-day blockade at the Terronera mine and emergency repairs at the Guanacevi mill have forced Endeavour Silver to temper its annual production expectations. Despite a 19% surge in third-quarter output, the Canadian miner warned that full-year results will likely land at or below the bottom of its previous guidance range.

Hallador Energy Secures $3 Billion Sales Book With New Indiana Contract

Shares of Hallador Energy jumped 4% to $14.20 in premarket trading Thursday after the company locked in six-year capacity and energy agreements. The deal pushes the firm’s total forward sales book to $3 billion, signaling a recovery for a stock that had slumped 28% since the start of the year.

Marimaca Copper Elevates Peter Garner-Winship to Finance Chief

Peter Garner-Winship has been named chief financial officer of Marimaca Copper, moving up from his previous role as vice president of finance. He succeeds Jose Antonio, who will now focus exclusively on his responsibilities as managing director for the company’s Chilean operations and the flagship Marimaca Oxide Deposit.

Movado Offloads EBEL Brand for $66.5 Million

A consortium led by Swiss luxury watchmaker Montres Journe has agreed to purchase a 95% stake in the EBEL brand from Movado Group. The $66.5 million deal marks a significant shift for the Paramus-based company, which has held the Swiss watchmaker in its portfolio since acquiring it nearly two decades ago.

Aramco and NESR Partner on Saudi Lithium Extraction Project

National Energy Services Reunited has secured a five-year contract worth approximately $200 million to spearhead lithium extraction efforts for Saudi Aramco. The deal marks a strategic shift for the oil giant, aiming to pivot toward battery-grade production by leveraging proprietary extraction and carbonation technologies within the Kingdom.

Butterfly Effect Secures $500 Million Following Meta Deal Collapse

Months after Beijing blocked the $2 billion acquisition of its AI subsidiary by Meta Platforms, Butterfly Effect has successfully closed a $500 million funding round. The move signals a pivot toward independent growth and a possible public offering for the startup behind the sophisticated Manus artificial intelligence agent.

Wise to Cover Customer Tax Shortfalls Following Software Glitch

Fintech firm Wise is negotiating a settlement with HM Revenue & Customs to cover tax liabilities for customers affected by a four-year reporting error. The discrepancy, spanning from 2021 to 2025, originated from a third-party software failure that generated inaccurate statements for users of the company’s investment and interest-bearing products.

Argenx Stock Slides as Sjogren’s Disease Trial Fails

Shares of Argenx plummeted 18% in Thursday morning trading, erasing all year-to-date gains after the company abruptly halted a late-stage trial for its Vyvgart drug. The decision followed an independent committee finding that the treatment failed to show sufficient efficacy for patients suffering from the chronic autoimmune condition Sjogren's disease.

Profound Medical Shares Surge on Strong Revenue Outlook

Premarket trading saw Profound Medical shares climb 23% to $6.97 on Thursday, driven by a third-quarter revenue forecast that significantly outpaced Wall Street expectations. The company projected revenue between $9.8 million and $10 million, a sharp contrast to the $7.5 million estimate previously set by analysts polled by FactSet.

Eric Honroth Takes Helm at AngioDynamics

After a decade of leadership at AngioDynamics, chief executive James Clemmer is stepping down, marking a significant transition for the Latham-based medical technology firm. His successor, Eric Honroth, formerly the global president of life science at the Swedish company Getinge, steps into the role on November 2.

Tesco Raises Profit Forecast as Market Dominance Holds

Tesco has lifted the lower end of its annual profit guidance, banking on resilient consumer confidence to sustain its momentum. As the U.K.’s leading grocer, the company now anticipates adjusted operating profit between 3.15 billion and 3.30 billion pounds for the fiscal year ending in February, surpassing previous baseline expectations.

Ohba Co. Reports Marginal Profit Dip in First Quarter

122 million yen in net profit for the quarter ending August 31 marks a slight retreat for Ohba Co. Ltd., despite the company managing to push its top-line revenue to 3.12 billion yen. The Tokyo-listed firm faced narrow margins as higher operational gains failed to offset minor bottom-line declines.

Yoshinoya Half-Year Profit Climbs to 3.81 Billion Yen

A steady rise in consumer demand propelled Yoshinoya Holdings to a net profit of 3.81 billion yen for the six months ending August 31, marking a significant jump from the 2.64 billion yen reported during the same period last year.

Three F Co. Half-Year Profits Slip Despite Revenue Growth

Three F Co. Ltd. reported a net profit of 237 million yen for the half-year ending August 31, 2026, marking a decline from the 249 million yen recorded during the same period last year. The Japanese firm’s latest financial filing shows a tightening of margins despite a modest increase in overall revenue.

Land Co. Swings to Profit on Revenue Surge

Land Co. Ltd. reported a dramatic financial turnaround for the half-year ending August 31, posting a net profit of 593 million yen. This result marks a sharp recovery from the 138 million yen loss recorded during the same period last year, driven by a massive expansion in top-line revenue.

Wakita & Co. Profit Dips Despite Revenue Gains in First Half

Wakita & Co. Ltd. reported a net profit of 1.59 billion yen for the six months ending August 31, marking a decline from the 1.71 billion yen recorded during the same period last year. Despite the bottom-line contraction, the Japanese construction equipment firm saw its total revenue climb to 48.79 billion yen.

Nippon BS Broadcasting Profit Dips Despite Revenue Gains

Nippon BS Broadcasting Corp. reported a net profit of 1.30 billion yen for the fiscal year ending August 31, 2026, marking a slight decline from the 1.35 billion yen recorded in the previous year. Despite this bottom-line contraction, the company achieved a modest uptick in total annual revenue.

Weathernews Inc. Reports Dip in First-Quarter Net Profit

Tokyo-based Weathernews Inc. saw its net profit slide to 592 million yen for the first quarter ending August 31, down from 672 million yen during the same period last year. Despite the bottom-line contraction, the weather services provider managed to grow its quarterly revenue to 6.34 billion yen.

Hotel Newgrand Profits Nearly Double in Nine-Month Surge

Hotel Newgrand Co. Ltd. reported a significant financial jump for the nine-month period ending August 31, with net profit climbing to 450 million yen. This result marks a sharp increase from the 230 million yen recorded during the same period last year, signaling a robust recovery for the Japanese hospitality operator.

Azplanning Net Profit Surges to 396 Million Yen

Azplanning Co. Ltd. reported a significant financial turnaround for the half-year ending August 31, with net profit climbing to 396 million yen. This result marks a sharp increase from the 89 million yen recorded during the same period last year, driven by a robust expansion in total revenue.

Kewpie Profits Slip Despite Revenue Growth in Nine-Month Results

Kewpie Corp. saw its net profit decline to 21.31 billion yen for the nine months ending August 31, a significant drop from the 26.06 billion yen reported during the same period last year, even as the Japanese food manufacturer managed to grow its top-line revenue to 397.12 billion yen.

Arbeit-Times Profits Nearly Double on Steady Revenue Growth

Arbeit-Times Co. Ltd. reported a net profit of 115 million yen for the half-year ending August 31, a sharp increase from the 63 million yen recorded during the same period last year. This surge in earnings reflects a period of heightened operational efficiency for the Japanese firm despite modest top-line gains.

Sugi Holdings Profit Drops Despite Revenue Growth

Sugi Holdings Co. reported a sharp decline in net profit for the first half of the fiscal year, with earnings falling to 12.99 billion yen from 28.62 billion yen in the same period last year, even as the Japanese retailer saw its total revenue climb to 540.71 billion yen.

KG Intelligence Profits More Than Double in Nine-Month Results

Net profit at KG Intelligence Co. Ltd. reached 391 million yen for the nine-month period ending September 20, a sharp climb from the 179 million yen reported during the same window in 2025. The Tokyo-listed firm’s latest financial statement highlights a period of robust growth across its core operational metrics.

Tose Co. Reports Net Profit Jump to 717 Million Yen

Kyoto-based software developer Tose Co. Ltd. recorded a significant surge in net profit to 717 million yen for the fiscal year ending August 31, 2026, a sharp increase from the 250 million yen reported in the previous year, despite a moderate contraction in overall revenue.

Ozu Corp Net Profit Nearly Doubles in First Quarter

Ozu Corp reported a sharp rise in profitability for the first quarter ending August 31, with net profit reaching 303 million yen. This result marks a significant jump from the 164 million yen recorded during the same period last year, driven by steady gains across the company's primary revenue streams.

Kawaguchi Chemical Profit Surges on Revenue Growth

Kawaguchi Chemical Industry Co. reported a sharp rise in net profit to 346 million yen for the nine months ending August 31, more than doubling the 146 million yen recorded during the same period last year as the company successfully navigated fluctuating market conditions in the Japanese chemical sector.

Rorze Corp Profit Jumps to 15.84 Billion Yen in First Half

Driven by robust demand for its semiconductor manufacturing equipment, Rorze Corp reported a net profit of 15.84 billion yen for the six months ending August 31. This result marks a significant climb from the 10.87 billion yen recorded during the same period last year, signaling strong growth across its primary business lines.