TE Connectivity to Launch Public Tender Offer for Schaffner Holding
TE Connectivity enters into a definitive agreement with Schaffner Holding for a public tender offer, offering a significant premium per share. The deal aims to expand TE Connectivity's portfolio.
Statement from Hawaii Gov. Josh Green
Hawaii Gov. Josh Green calls for a moratorium on land transactions in the Lahaina area to protect residents and prevent exploitation. He provides updates on the devastating wildfires and ongoing efforts to restore power.
Evolution Mining Reports 49% Decline in Annual Net Profit
Evolution Mining announces a 49% decline in annual net profit due to unforeseen circumstances. The company plans to increase production and reduce costs.
Chinese Developer Country Garden Faces Downgrade
Chinese developer Country Garden Holdings is facing a downgrade as research company GimmeCredit expresses concerns about its financial difficulties amidst China's property market downturn. Distressed debt funds are actively buying bonds, dr...
GE Healthcare Technologies Stock Receives a Buy Rating
GE Healthcare Technologies receives a Buy rating and positive outlook from analysts due to potential sales from an Alzheimer's treatment drug. Experts project an increase in sales and earnings for the company.
Grand City Properties Raises Guidance for 2023
Grand City Properties increases its guidance for 2023, but reports a net loss in Q2 due to property devaluation. Despite this, the company experiences strong revenue growth.
Tesla Unveils More Affordable Models
Tesla unveils cheaper versions of Model S and Model X to stimulate sales and expand customer base, offering impressive driving ranges. Stock performance remains strong.
Silvergate Capital Corp. Announces Leadership Changes
Silvergate Capital Corp. reveals key management changes, including the departure of CEO and CFO. Find out about new leadership appointments and market reaction.
Nvidia's Valuation and Growth Potential
Investors are concerned about Nvidia's valuation, but UBS analysts remain confident due to increasing demand for its AI chips.
Strong Increase in July Retail Sales
Sales at retailers saw a significant boost in July, with a 0.7% rise marking the largest increase in six months. Despite changing consumer behavior, there is still a positive outlook for the economy.