Stocks
Celestica Prices Equity Offering at $310 Per Share, Targets $3 Billion Gross Proceeds
Celestica Inc., a leader in data center infrastructure, announced the pricing of its equity offering of 9,677,419 common shares at $310 each,...
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Stocks
Genco Shipping Boosts Quarterly Dividend by 128.6% to $0.80
Genco Shipping (GNK) has announced a 128.6% increase in its quarterly dividend, raising the payout to $0.80 per share, up from $0.35....
Economy
£5 Coffee Reveals Global Economic Shocks
The rising cost of coffee to £5 in the UK reflects climate change, trade wars, shipping chaos, and farmer speculation, impacting global...
Stocks
Indices Diverge: Dow Hits Record, S&P and Nasdaq Retreat on Economic Worries
U.S. stock indices closed mixed Wednesday; the Dow Jones Industrial Average reached a new all-time high, while the S&P 500 and Nasdaq...
Stocks
Chime’s Direct Deposit Strategy Fuels Lending Boom, Revenue Jumps 27%
Chime Financial reported a 27% revenue increase to $670 million in Q2, driven by a 70% surge in Instant Loan originations to...
Stocks
Birks Group Director Imbriglio Resigns for Personal Reasons
Birks Group Inc. announced the immediate resignation of Director Emilio B. Imbriglio from its Board, citing personal reasons. Imbriglio had served since...
Stocks
Neostellar Details $20M Magnetar Note at 6.5% Interest
Neostellar Capital (NSLR) has outlined a new $20 million Magnetar note at 6.5% interest, tied to a $230 million qualifying equity trigger,...
Finance
120+ Lawmakers Demand Urgent Review of ‘Unsustainable’ Student Loan Burden
More than 120 MPs and peers have called on Chancellor John Healey for an urgent review of the student loan repayment system,...
Markets
Gold Soars as Trump Reassures on Hormuz Deal Progress
Gold prices surged on Wednesday after President Donald Trump expressed confidence that Iran would soon strike a deal with the U.S. to...
Markets
Toast’s Principal Accounting Officer Sells Shares Amid Rally: What It Means for Investors
Rossana Niola, Toast's Principal Accounting Officer, sold 35% of her directly-held shares for tax liabilities, a move analysts say is not a...
Stocks
Pattern’s AI-Driven ‘Virtuous Cycle’ Delivers Record eCommerce Growth
eCommerce accelerator Pattern reported record Q2 revenue and a record high Net Revenue Retention of 129%, driven by its AI and data-centric...
Economy
Philippine Bond Slump to Worsen on Persistent Inflation, Analysts Warn
Philippine sovereign debt faces extended pressure as sticky inflation keeps the central bank hawkish, prolonging a slump that made its bonds Southeast...