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A $3.5 billion deal marks a significant expansion for Digital Realty, which is acquiring majority stakes in three Northern Virginia data centers from Blackstone. The transaction values the portfolio at $7.8 billion and secures immediate, full occupancy from top-tier investment-grade hyperscalers across all facilities.
Shares of Gain Therapeutics jumped 21% to $2.40 following regulatory approval from the FDA to move into phase 2 clinical testing for its Parkinson’s disease candidate, GT-02287. The decision follows a series of successful phase 1 trials conducted in Australia that demonstrated the drug's safety and biological activity.
A potent drug combination from AbbVie and Genmab has slashed the risk of disease progression and death by 60% in patients battling relapsed or refractory diffuse large B-cell lymphoma. The Phase 3 trial results offer a clinical breakthrough for those who have exhausted at least one prior line of standard therapy.
Valeriy Kim has been named the new chief financial officer of Freedom Holding, stepping into the role as the company reorganizes its executive leadership team. The 37-year-old veteran of the firm succeeds Evgeny Ler, who will transition into a new capacity as a special adviser to CEO Timur Turlov.
Following a Supreme Court decision to invalidate emergency tariffs enacted under the Trump administration, Electrolux Group has moved to reclaim $88 million in payments. The Swedish appliance manufacturer expects this recovery to significantly reshape its North American financial results for the current period, providing a notable lift to its operating income.
Aecon has finalized the purchase of a 120,000-square-foot fabrication facility in Jackson, South Carolina, aiming to anchor its nuclear infrastructure services within the United States. The Canadian construction firm is moving to capture rising demand for life-extension projects and new nuclear builds across the American energy sector.
For the 38th consecutive year, Security National Financial has authorized a 5% stock dividend, maintaining a long-standing pattern of rewarding equity holders. Shareholders on record as of July 10 will receive their new shares on July 17, providing them with flexibility for either long-term growth or immediate liquidity.
Crude oil and refined product futures pushed higher Monday morning as renewed hostilities between the U.S. and Iran disrupted tanker traffic in the Strait of Hormuz. Despite the escalation, markets remain cautious, balancing the threat of supply interruptions against signals that diplomatic negotiations in Qatar may still proceed.
Hormel Foods is exiting the Brazilian market, finalizing an agreement to sell its local operations—centered on the Ceratti brand—to the Sao Paulo-based food processor Zanchetta Alimentos. The divestiture marks a strategic shift for the Minnesota-based parent company as it narrows its focus on core international growth priorities.
As Nike prepares to report fiscal fourth-quarter results this Tuesday, the athletic giant faces a projected dip in both earnings and revenue. With shares down 20% over the last three months, investors are bracing for a period of transition marked by shifting executive leadership and questions surrounding the effectiveness of recent global marketing campaigns.
Persistent Ukrainian drone strikes on Russian refineries have forced the Kremlin to weigh a total ban on diesel exports. With domestic fuel shortages mounting, President Vladimir Putin confirmed Sunday that the measure is currently under review, signaling a potential shift in strategy as refinery capacity continues to dwindle.
Amid a widening trade deficit and mounting economic pressure, EU trade chief Maros Sefcovic and Chinese Commerce Minister Wang Wentao have agreed to establish a joint monitoring system. The move marks a formal attempt to stabilize a strained commercial relationship through data transparency and structured, high-level diplomatic consultations.
A relentless campaign of Ukrainian drone strikes against Russian oil infrastructure has forced the Kremlin to contemplate a total ban on diesel exports. President Vladimir Putin confirmed on Sunday that officials are weighing the measure as domestic fuel shortages threaten to destabilize local supply chains across the country.
Shares of Owens Corning jumped 8.3% to $146.64 on Monday following reports that the roofing manufacturer has fielded multiple unsolicited takeover bids from Carlisle Companies. The sudden market activity highlights a potential consolidation play within the construction materials sector, as investors weigh the implications of a combined residential and commercial powerhouse.
Bank of America analysts downgraded Biohaven to underperform on Monday, citing concerns that the company’s experimental epilepsy drug, Opakalim, will struggle to compete with rival treatments. The shift in outlook triggered a 6.3% decline in shares, pushing the stock price down to $14.84 during afternoon trading.
Forager Capital Management has pushed its unsolicited bid for Repay Holdings to $5.25 per share, escalating pressure on the payment processor after a previous $4.80 offer was dismissed as insufficient. The firm, which already holds a 13% stake in the company, is now seeking full access to management for due diligence.
Shares of Optical Cable Corporation jumped 6.7% to $19.61 in Monday morning trading after the company secured a spot on the Russell Microcap Index. The move, finalized during the 2026 semiannual reconstitution, signals a fresh wave of institutional visibility for the manufacturer following Friday’s market close.
A 12% surge in RoboStrategy shares on Monday followed the robotics firm’s announcement that it successfully raised $33.9 million in private placements. The move marks a continuation of the company's aggressive growth trajectory, with the stock price climbing over 50% throughout the last month of trading.
A 12% jump in morning trading pushed Satellos Bioscience shares to C$11.39 on Monday, as the company’s Duchenne muscular dystrophy treatment received fast track designation from the U.S. Food and Drug Administration. This regulatory milestone extends the biotech firm’s year-to-date gains to 44% on the Toronto market.
Shares of PetMed Express surged 22% to $2.15 on Monday following a revised buyout offer from SilverCape Investments. The firm, which already holds a 12% stake in the online pet pharmacy, proposed a cash acquisition price of $3 per share, citing a need to address the company’s ongoing financial decline.
With regulatory clearance in hand, Palisade Bio is moving its lead candidate into human testing. The company announced Monday that the FDA approved its investigational new drug application for PALI-2108, triggering a 12% surge in share price as investors cheered the path toward treating moderate to severe ulcerative colitis.
After months of executive volatility and investor pressure, Fortune Brands Innovations has appointed Jesse Singh as its new chief executive officer. The veteran industrial leader, formerly at the helm of The Azek Company, joins the board effective Monday to stabilize a company that recently abandoned a previous succession plan.
Shares of 4D Molecular Therapeutics climbed 7% to $12.40 Monday following the company’s announcement of a $200 million credit facility with Hercules Capital. The infusion of capital strengthens a balance sheet already bolstered by $458 million in cash and marketable securities reported at the end of the first quarter.
BioCryst is shuttering its internal discovery operations in Birmingham, Alabama, as the biotechnology firm pivots toward an external-innovation model. By abandoning its Discovery Center of Excellence, the company aims to streamline its rare-disease development pipeline and improve capital efficiency under the direction of Chief Executive Charlie Gayer.
Investors pushed NN shares up 49% to $4.11 in Monday’s premarket trading after the company announced a surge in immediate-supply awards for liquid cooling components. These new contracts bolster the firm’s role in Nvidia’s artificial intelligence data center ecosystem, building on a year that has already seen the stock price double.
A 1.7 billion euro valuation sits at the heart of Digi Communications' move to list its Spanish subsidiary on local stock exchanges. By offering newly issued shares alongside existing stock, the Romanian telecommunications operator aims to accelerate growth in a market where it currently serves as the fourth-largest mobile provider.
Steven Pelton is stepping down as president and chief executive of Aegis Brands, vacating his role before a replacement is named. The owner of the St. Louis Bar & Grill and Sweet Jesus franchises confirmed the departure, noting that Pelton is leaving to pursue an unspecified professional opportunity elsewhere.
Verizon Communications is bracing for a significant financial hit this quarter, projecting charges of up to $1.55 billion. The bulk of the expense stems from a major restructuring of its international operations and ongoing efforts to trim its workforce through a series of sweeping severance packages and asset rationalization.
With shares climbing 11% to $26.65 in premarket trading, FuelCell Energy confirmed a $49 million financing package from the Export-Import Bank of the United States. The capital injection arrives as the company pushes to expand its clean-energy footprint across international markets, following a year where its stock value tripled.
Investors will soon have access to cash-settled futures contracts tied to central bank policy decisions and U.S. natural gas storage reports. Intercontinental Exchange announced the new suite of products, designed to provide a regulated, centrally-cleared environment for betting on macroeconomic shifts and energy inventory fluctuations starting August 10.