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Equity Markets Mixed Intraday After Consumer Sentiment Survey
Equity Markets Mixed Intraday After Consumer Sentiment Survey
May 10, 2024
02:00 PM EDT, 05/10/2024 (MT Newswires) -- US benchmark equity indexes were mixed after midday Friday as a survey showed US consumer sentiment tumbling and inflation expectations rising. The Nasdaq Composite was down 0.2% at 16,312.9 intraday, while the Dow Jones Industrial Average rose 0.2% to 39,465.6. The S&P 500 was almost flat at 5,214.4. Among sectors, energy saw the...
Sector Update: Consumer Stocks Mixed in Friday Afternoon Trading
Sector Update: Consumer Stocks Mixed in Friday Afternoon Trading
May 10, 2024
01:41 PM EDT, 05/10/2024 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.6%. In corporate news, FAT Brands ( FAT ) shares plunged almost 23% after lawyers representing the company said the restaurant operator was indicted on two...
Sector Update: Tech Stocks Mixed Friday Afternoon
Sector Update: Tech Stocks Mixed Friday Afternoon
May 10, 2024
01:48 PM EDT, 05/10/2024 (MT Newswires) -- Tech stocks were mixed in Friday afternoon trading with the Technology Select Sector SPDR Fund (XLK) rising 0.2% and the SPDR S&P Semiconductor ETF (XSD) down 1%. The Philadelphia Semiconductor Index added 0.8%. In corporate news, Akamai ( AKAM ) shares fell 11%, a day after Q1 revenue fell short of Wall Street's...
Sector Update: Health Care Stocks Advance Friday Afternoon
Sector Update: Health Care Stocks Advance Friday Afternoon
May 10, 2024
01:53 PM EDT, 05/10/2024 (MT Newswires) -- Health care stocks rose Friday afternoon, with the NYSE Health Care Index gaining 0.3% and the Health Care Select Sector SPDR Fund (XLV) up 0.2%. The iShares Biotechnology ETF (IBB) eased 0.1%. In corporate news, Novavax ( NVAX ) shares doubled after it struck a licensing deal with Sanofi ( SNY ) to...
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Mutualink and US-based manufacturer, Rescue 42, Partner to Conquer Interoperable Communications with New, Ruggedized Go-Kit
Mutualink and US-based manufacturer, Rescue 42, Partner to Conquer Interoperable Communications with New, Ruggedized Go-Kit
Nov 5, 2025
HOUSTON--(BUSINESS WIRE)-- Mutualink, a leader in secure communications for public safety and critical infrastructure agencies, today announced a strategic partnership with Rescue 42, a California-based manufacturer renowned for its rugged, deployable emergency response equipment. This partnership brings Mutualink’s Go-Kit, a portable self-contained field communications kit, under a 100% American-made manufacturing and fulfillment model, dramatically improving production and availability. This press...
Vishay Intertechnology Reports Third Quarter 2025 Results
Vishay Intertechnology Reports Third Quarter 2025 Results
Nov 5, 2025
MALVERN, Pa., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. ( VSH ), , one of the world's largest manufacturers of discrete semiconductors and passive electronic components, today announced results for the fiscal third quarter ended September 27, 2025. Highlights 3Q 2025 revenues of $790.6 millionGross margin was 19.5% and included the negative impact of approximately 150 basis points...
Seagate Announces Exchanges With Holders of $500 Million Principal Amount of Exchangeable Notes
Seagate Announces Exchanges With Holders of $500 Million Principal Amount of Exchangeable Notes
Nov 5, 2025
SINGAPORE--(BUSINESS WIRE)-- Seagate Technology Holdings plc ( STX ) (“Seagate” or “us”) and Seagate HDD Cayman, a subsidiary of Seagate ( STX ) (“Seagate HDD”), today announced that on November 4, 2025, they entered into separate, privately negotiated exchange agreements with a limited number of holders of Seagate HDD’s 3.50% Exchangeable Senior Notes due 2028 (the “notes”) to exchange (collectively,...
Nayax Announces Connect LATAM 2025 for Regional Customers
Nayax Announces Connect LATAM 2025 for Regional Customers
Nov 5, 2025
HERZLIYA, Israel, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Nayax Ltd. ( NYAX ) , a global commerce enablement, payments, and loyalty platform helping merchants scale their business, today announced that it is hosting Nayax Connect LATAM with its partner Integral Vending today for its customers in the region. The event will be hosted at the Live Aqua in Mexico City....
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Insmed Says Full-year Revenue Expected to Rise 19%
Insmed Says Full-year Revenue Expected to Rise 19%
Jan 10, 2025
12:47 PM EST, 01/10/2025 (MT Newswires) -- Insmed ( INSM ) said Friday said it expects to report full-year 2024 global net product sales of its drug Arikayce of $363.7 million, up 19% year over year. The results are preliminary and subject to adjustment, the company said. Insmed ( INSM ) expects to report its actual results in late February....
Update: Synopsys Gets EU Commission Approval for Proposed $35 Billion Ansys Acquisition
Update: Synopsys Gets EU Commission Approval for Proposed $35 Billion Ansys Acquisition
Jan 10, 2025
12:48 PM EST, 01/10/2025 (MT Newswires) -- (Updates with details starting in the third paragraph.) Synopsys ( SNPS ) secured approval from the European Commission for its proposed $35 billion acquisition of Ansys ( ANSS ) , according to a statement from the Commission Friday. The Commission said its approval was conditional upon Synopsys ( SNPS ) and Ansys (...
Ulta Beauty Offers 'Very Attractive Setup' for Outperformance, Oppenheimer Says
Ulta Beauty Offers 'Very Attractive Setup' for Outperformance, Oppenheimer Says
Jan 10, 2025
12:30 PM EST, 01/10/2025 (MT Newswires) -- Ulta Beauty ( ULTA ) shares remain underowned and offer a very attractive setup for further outperformance given recent developments, Oppenheimer said in a note emailed Friday. Following a positive business update earlier this week, we have been perplexed by the move lower in shares, the firm wrote in a note. Ulta Beauty...
Social Media Stocks Meta, Snap, Trump Media Climb As Supreme Court Hears Arguments On Pending TikTok Ban
Social Media Stocks Meta, Snap, Trump Media Climb As Supreme Court Hears Arguments On Pending TikTok Ban
Jan 10, 2025
Shares of social media companies Snap, Inc. ( SNAP ) , Trump Media & Technology Group Corp. ( DJT ) and Meta Platforms, Inc. ( META ) are trading higher Friday as the U.S. Supreme Court hears oral arguments in the case regarding the potential ban of TikTok.  The Details: Oral arguments are underway in the Supreme Court case challenging...
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Cardano Transaction Fees Jump 254% QoQ as ADA Price and Activity Soar
Cardano Transaction Fees Jump 254% QoQ as ADA Price and Activity Soar
Feb 18, 2025
Cardano (ADA) saw its price surge by 126% in Q4 2024, while its market capitalization grew to $30.3 billion. This price jump triggered ADAs circulating market cap rank from 11th to 9th. The increases in both price and market cap aligned with the US election in November and the broader rally of cryptocurrencies. As such, Messaris latest report also highlights...
Meteora Exec Resigns Amid Financial Misconduct Claims
Meteora Exec Resigns Amid Financial Misconduct Claims
Feb 18, 2025
Ben Chow, co-founder of DeFi and meme coin platform Meteora, resigned on Monday after being accused of financial misconduct and insider trading tied to the controversial LIBRA meme coin. This development came after growing concerns over his involvement in the project. Chow Denies Involvement in Controversy Meow, the pseudonymous co-founder of Jupiter, a decentralized exchange on Solana, as well as...
CZ Refutes Binance Sale Rumors After Recent Asset Transfers
CZ Refutes Binance Sale Rumors After Recent Asset Transfers
Feb 18, 2025
Binance co-founder Changpeng Zhao (CZ) has denied speculation that the cryptocurrency exchange is up for sale. The former CEO has dismissed the claims as misinformation spread by competitors. Competitor Misinformation “Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale,” Zhao stated on February 17 in a post on X. “As a shareholder, Binance is not for sale.”...
Ripple (XRP) ETF Edges Closer to Reality with New Milestone
Ripple (XRP) ETF Edges Closer to Reality with New Milestone
Feb 18, 2025
The race to launch another crypto-based exchange-traded fund in the US continues in full force and XRP has reached another milestone as Bitwises filing has been officially acknowledged by the SEC. The 19b-4 filing, published in the Federal Register, means that the agencys approval process has begun, while the interested parties have 21 days to send their comments. Following that...
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