February 17, 2025 5:09 pm
Microsoft President Brad Smith said at a joint press conference with Polish Prime Minister Donald Tusk that the tech giant intended to invest additional $700 million in Poland to bolster the nation’s cybersecurity, cooperating with the Polish armed forces. Microsoft’s President said the company would invest in a second phase of the already completed $1 […]
Read moreFebruary 17, 2025 11:16 am
According to a report by Bloomberg News, Spotify may charge up to $5.99 per month on top of existing subscriptions for a new music streaming service, which will grant users access to higher-quality audio, remixing tools and concert tickets. The so called “Music Pro” tier may be introduced this year, the report stated, citing unnamed […]
Read moreFebruary 17, 2025 8:56 am
According to a report by Reuters, citing an anonymous source, General Motors Company (NYSE: GM) intends to close a plant in the northeastern Chinese city of Shenyang this month amid restructuring initiatives in the Asian country. GM produces Buick GL8 minivans and the Chevrolet Tracker SUV for the local market at that facility. The US […]
Read moreFebruary 16, 2025 6:14 pm
Louisiana-Pacific Corp (NYSE: LPX) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.28 per share of common stock. The latter represents an increase of 7.69% compared to the previous quarterly dividend of $0.26 per share. The dividend will be paid on March 13th to shareholders of record as […]
Read moreFebruary 16, 2025 12:00 pm
The shares of KORU Medical Systems Inc (NASDAQ: KRMD) plunged 8% on Friday, after Piper Sandler downgraded the stock to “Neutral” from “Overweight”, citing valuation. Piper Sandler said that KORU Medical’s valuation was “sitting near multi-year highs, and this loftier valuation is making us slightly more uneasy about other items.” The firm cited limited upside […]
Read moreFebruary 15, 2025 4:15 pm
Graco Inc (NYSE: GGG) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.275 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on May 7th to shareholders of record as of the close of business on […]
Read moreFebruary 15, 2025 9:02 am
Sarepta Therapeutics Inc (NASDAQ: SRPT) said on Friday that it had closed on a $600 million senior secured revolving credit facility with a bank syndicate. JPMorgan Chase Bank N.A. serves as Administrative Agent and acted as Lead Arranger and Joint Bookrunner, Sarepta said. “Sarepta’s financial strength and the positive outlook for our business provide us […]
Read moreFebruary 14, 2025 12:04 pm
Northpointe Bancshares Inc, the bank holding company for Northpointe Bank, said on Thursday that it had priced its initial public offering of 10,420,000 shares of its common stock at a price to the public of $14.50 per share. The net proceeds from the offering, after deducting underwriting discounts and commissions and estimated offering expenses, are […]
Read moreFebruary 14, 2025 9:42 am
GoPro Inc (NASDAQ: GPRO) said on Thursday that it had formed a new distribution partnership with Kimpex Powersports in Canada. Under the agreement, Kimpex will be able to provide its network of over 2,300 dealers with the full range of GoPro cameras and accessories. “Partnering with GoPro marks an exciting chapter for Kimpex and our […]
Read moreFebruary 14, 2025 7:56 am
Ventas Inc (NYSE: VTR) said this week its Board of Directors had authorized a quarterly cash dividend of $0.48 per share of common stock. The latter represents an increase of 6.67% compared to the previous quarterly dividend of $0.45 per share. The dividend will be paid on April 17th to shareholders of record as of […]
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