After a tenure defined by steady leadership, MFA Financial is preparing for a transition at the helm. Current chief investment officer Bryan Wulfsohn will step into the role of chief executive officer on July 1, 2027, taking the reins one day after Craig Knutson officially concludes his long-standing service.
Investors holding RPM International stock are set for a payout increase, as the company lifts its quarterly dividend by 5.6% to 57 cents per share. This marks the 53rd consecutive year the manufacturer has raised its distribution, cementing a long-standing track record of returning capital to shareholders.
Tevogen has signed a non-binding letter of intent to evaluate a takeover of HRK Healthcare, a move the company anticipates will broaden its infrastructure capabilities. By integrating HRK’s operations, Tevogen aims to establish a dedicated healthcare services arm equipped with specialized management functions.
Shares of Arqit Quantum plummeted 16% to $18.91 on Thursday after the encryption software provider disclosed that regional instability in the Middle East derailed a key contract. The firm now anticipates a sharp revenue decline for the second half of its fiscal year, marking a significant setback for the company’s growth trajectory.
A 15% jump in Cable One’s share price arrived Thursday following reports that the broadband provider is nearing a $1.25 billion financing agreement. While the stock reached $15.20 midday, the company still faces an 87% year-to-date decline as it attempts to stabilize its capital structure through new debt.
A majority of the Bank of Mexico board members signaled an openness to cutting interest rates in upcoming meetings, provided inflationary pressures continue to subside. While the central bank maintained its benchmark rate at 6.5% during the September session, the removal of previous guidance suggests a more flexible policy stance.
Crude oil, diesel, and gasoline futures climbed roughly 5% in Thursday morning trading as the dual pressures of potential U.S.-Iran military escalation and Hurricane Isaias’ path toward Gulf Coast refineries rattled energy markets, stoking fears of imminent supply chain disruptions across the global landscape.
Shares of General Fusion climbed 13% to $8.62 on Thursday following the company's announcement of a technical breakthrough in its commercial fusion energy program. The firm successfully pushed electron temperatures past 12 million degrees Celsius, a critical first step toward its long-term goal of grid-scale clean power.
Investors reacted sharply to a leadership change at AngioDynamics on Thursday, sending the company’s stock price tumbling 20% to $11.34 by midday. The market’s sudden retreat underscores ongoing instability for the medical-technology firm, which has now seen its share value decline 12% since the start of the year.
A 12 percent surge in Securitize shares on Thursday signals growing investor appetite for blockchain-based equity markets. The company confirmed the immediate rollout of tokenized stock trading for users in the U.S. and European Union, bridging the gap between traditional tech giants and decentralized digital ledger infrastructure.
With Delta Air Lines set to report third-quarter earnings Friday, the carrier faces a test of its resilience against persistently high fuel costs. While the broader industry struggles with rising operational expenses and softening consumer sentiment, analysts point to Delta’s unique infrastructure as a potential buffer against a cooling travel market.
Leo Pareja stepped into the role of chief executive officer at AGNT this Thursday, marking a significant leadership shift for the organization. He succeeds Glenn Sanford, the company’s former leader, who will remain attached to the firm as board chair following the transition announced in a recent regulatory filing.
Jensen Huang is betting $1 billion that the next generation of American industrial dominance rests on superior computing power. Over the next five years, the chipmaker intends to funnel massive infrastructure resources into academic research and government-backed cloud initiatives to secure a lead in critical scientific sectors.
A 22% jump in Firan Technology Group shares followed the company’s third-quarter report, which revealed revenue growth far exceeding analyst expectations. The Canadian aerospace and electronics firm saw its stock climb to 30.97 Canadian dollars on Thursday after a sharp rise in defense-related shipments bolstered its bottom line.
Federal regulators have forced Gildan Activewear to abandon restrictive pricing clauses in its distribution agreements, effectively ending an antitrust probe into price discrimination. The investigation scrutinized the apparel giant’s relationship with wholesale distributor S&S Holdings, which had effectively barred competitors from accessing standard market discounts.
Stepping away from its budget-friendly roots, Amazon unveiled a trio of premium Alexa-branded tablets on Thursday. With entry prices ranging from $230 to $500, the company is positioning these devices as direct competitors to high-end tablets from Apple and Samsung while retaining its signature ecosystem integration.
San Diego-based Iambic Therapeutics is seeking to raise up to $155.9 million in its upcoming initial public offering, aiming to sell 9.4 million shares at a price range of $15 to $17. The clinical-stage firm plans to leverage these funds to accelerate its AI-powered drug discovery platform through 2028.
With over a decade of internal experience at the equipment marketplace, Steve Steinberg has been named the company's new chief financial officer. He replaces outgoing executive Eric Guerin, moving into the position after a long tenure overseeing the firm's strategic planning and decision support divisions.
A 16% surge in premarket trading greeted investors Thursday after CSL Plasma confirmed a definitive timeline for integrating Haemonetics’ collection technology. The plasma giant plans to deploy NexSys PCS devices and associated disposables across its entire network of U.S. collection centers by the final quarter of 2027.
Microsoft is pivoting its gaming strategy beyond consoles by launching XP, a dedicated division tasked with transforming Xbox intellectual property into film, television, and live experiences. By leveraging its existing library, the company aims to deepen fan engagement through brand partnerships and immersive real-world attractions.
Greece has unveiled draft legislation imposing a 10% capital gains tax on cryptocurrency earnings, positioning the country as a favorable jurisdiction for digital asset investors compared to its European neighbors. The proposed framework, which exempts the first 500 euros of profit, marks a shift from earlier, more aggressive tax discussions.
U.S. corn and soybean exports for the week ending October 1 missed analyst projections, signaling a sluggish start to the marketing year. While wheat bucked the trend with stronger-than-anticipated demand from Asian markets, the broader agricultural sector remains under pressure as futures prices struggle to find firm footing.
With $80.5 million in tariff refunds now bolstering its balance sheet, Helen of Troy is betting on a sharper market presence. The consumer goods firm raised its full-year earnings forecast on Thursday, signaling that the windfall will be funneled directly into marketing and infrastructure to sustain recent growth trends.
A surge in beverage sales failed to shield Tilray Brands from a $40 million quarterly loss, as the company grappled with significant noncash charges. While the bottom line swung into the red compared to last year’s breakeven performance, the results narrowly outperformed the pessimistic projections set by Wall Street analysts.
Unauthorized intruders breached a staff account at British online retailer ASOS this week, gaining access to customer names and contact details. While the company insists the digital storefront remains secure, the incident highlights a significant lapse in internal security protocols that allowed outsiders to scrape data from third-party platforms.
Over 265,000 Chrysler vehicles face a mandatory recall after the National Highway Traffic Safety Administration identified a defect where water intrusion into the electric power steering wiring harness can cause a sudden loss of steering assist, significantly increasing the probability of a collision for drivers on the road.
Boosted by high-grade ore and upgraded mill performance, Trekor Metals produced 41 million pounds of copper during the third quarter. This production surge across its Gibraltar and Florence Copper facilities prompted management to raise full-year output targets, even as the company navigates development delays at its Arizona site.
A potential fire hazard in high-voltage battery systems has prompted Volkswagen to recall over 22,000 ID.4 electric vehicles. The National Highway Traffic Safety Administration reports that specific charging behaviors, particularly when exceeding an 80% battery capacity, could trigger dangerous thermal incidents in a small fraction of the affected fleet.
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.
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.
