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BBB Foods announces secondary offering pricing

February 6, 2025 1:34 pm
BBB Foods Inc (NYSE: TBBB) said on Wednesday that it had priced an underwritten public offering of 21,000,000 Class A common shares at a public offering price of $28.25 per share. The offering is to close on or about February 7th, BBB Foods said. The underwriters have been granted the option to buy up to […] Read more

GBP/USD falls from 1-month high, BoE expected to cut again

February 6, 2025 10:21 am
The GBP/USD currency pair retreated on Thursday, pulling back from a one-month high of 1.2550, as investors braced for the outcome of the Bank of England’s policy meeting later in the day. The Bank of England is largely expected to cut its benchmark interest rate by 25 basis points to 4.50% at its February policy […] Read more

USD/ZAR gains ahead of President Ramaphosa’s national address

February 6, 2025 8:36 am
The USD/ZAR currency pair firmed on Thursday, reversing the loss from the prior day, ahead of South Africa President Cyril Ramaphosa’s national address and as risk of a global trade war seemed to have receded. “It appears that the market has started to put the tariff threats against Mexico and Canada in the rear view […] Read more

CF Bankshares Inc announces share buyback program

February 5, 2025 1:30 pm
CF Bankshares Inc (NASDAQ: CFBK), the parent company of CFBank, has announced a share repurchase program. Under the latter, the company will buy back up to 325,000 shares, or nearly 5% of its outstanding common stock, on or before January 31st 2026. “We believe our stock is a good value, and the Board’s approval of […] Read more

PJT Partners announces $0.25 quarterly dividend

February 5, 2025 11:20 am
PJT Partners Inc (NYSE: PJT) said on Tuesday that its Board of Directors had authorized a quarterly cash dividend of $0.25 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 19th to shareholders of record as of the close of business […] Read more

Bitcoin Depot now has additional $5 million in BTC holdings

February 5, 2025 9:58 am
Bitcoin Depot Inc (NASDAQ: BTM), a US-based Bitcoin ATM operator and fintech company, said this week it had acquired additional $5 million in Bitcoin as part of its treasury strategy, which it had announced in June 2024. With the recent purchase of 51 BTC, Bitcoin Depot now holds 71.5 Bitcoin in its treasury, it said. […] Read more

Spot Gold scales fresh record high on US-China tariff war

February 5, 2025 8:02 am
Spot Gold registered a fresh all-time high of $2,865.52 per troy ounce on Wednesday on concerns of a new trade war between the United States and China. Beijing imposed targeted tariffs on US imports and placed several companies on notice for potential sanctions, as it responded to new US duties on Chinese imports. US President […] Read more

Genelux Corp appoints Chief Financial Officer

February 4, 2025 11:30 am
Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, said on Monday that it had appointed Matthew Pulisic as its next Chief Financial Officer, effective January 30th. Pulisic brings more than 19 years of finance and commercial experience within the biopharmaceutical industry. Most recently, he was Vice President of Finance at Arrowhead Pharmaceuticals, a publicly-traded […] Read more

Hawkins finalizes acquisition of Amerochem

February 4, 2025 9:23 am
Hawkins Inc (NASDAQ: HWKN), a water treatment and specialty ingredients company, said on Monday that it had finalized the acquisition of Amerochem Corporation. Amerochem distributes water treatment chemicals and equipment for its clientele mostly in North Carolina. ”The Amerochem acquisition represents our second acquisition in North Carolina and our 50th Water Treatment location across the […] Read more

Cigna price targets cut at UBS, Piper Sandler, TD Cowen

February 4, 2025 8:28 am
The shares of Cigna Group (NYSE: CI) fell 0.6% on Monday, after analysts at several companies cut their price targets on the CI stock. UBS lowered its 12-month price target on Cigna Group to $390 per share from $410 previously. Yet, the investment bank kept a “Buy” rating on the shares. Piper Sandler revised down […] Read more