Velocity Composites Capital Raise
Velocity Composites intends to raise £6.7 million through share placing, subscription, and retail offers to expand its aerospace composites market presence and recruit skilled staff.
China's Consumer Prices Fall for the First Time in Over Two Years
China's consumer prices dropped by 0.3% in July, driven by lower food prices and a significant decline in pork prices. Non-food prices remained stable. The factory-gate price index also decreased but at a slower rate. Monthly data showed a...
AG Mortgage Investment Trust Acquires Western Asset Mortgage Capital
AG Mortgage Investment Trust has acquired Western Asset Mortgage Capital, solidifying its position as a prominent player in the residential mortgage real estate investment trust industry.
U.S. Cellular Stock Surges After J.P. Morgan Upgrade
Shares of U.S. Cellular surge after analyst upgrade and exploration of strategic alternatives. Telephone & Data Systems also benefits.
The Importance of Estate Planning
Over half of Americans have experienced family conflicts after a loved one's death due to the absence of estate planning. Discover the importance of creating a will and how it can prevent legal battles and ensure your wishes are carried out...
Nanoco Group Reports Doubling of Revenue in Fiscal 2023
Nanoco Group reports that its revenue for fiscal 2023 more than doubled compared to the previous year, driven by a settlement with Samsung. Chairman Christopher Richards affirms the company's commitment to return cash to shareholders in ear...
Simon & Schuster Sold for $1.62 Billion in Cash
Private equity firm KKR acquires Simon & Schuster for $1.62 billion cash, signaling changes in the book market. Paramount Global plans to pay off debts with the proceeds.
RingCentral Leadership Changes and Q2 Results
RingCentral announces CEO change, new financial results, and guidance for the future.
Opportunity for Other LTL Shippers as Yellow Files for Bankruptcy
Yellow's bankruptcy filing creates opportunities for LTL peers like Old Dominion, XPO, Saia, and ArcBest. Investors take notice, driving up stock prices in the sector.
Tyson Foods Inc. Reports Loss in Q3, Stock Plummets
Tyson Foods Inc. reports a net loss of $417 million in Q3, with sales declining by 3%. Stock price drops by 6% in premarket trading.