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Research Alert: CFRA Drops Stars Coverage Of United Parks And Resorts Inc.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping analytical coverage of PRKS, an amusement park operator, due to a shift in investor focus. Our previous recommendation on shares of PRKS was Hold.
$PRKS
Asia
TVS Srichakra Launches New Eurogrip Tyres Store in Bahraich, India
TVS Srichakra (NSE:TVSSRICHAK, BOM:509243) opened a new exclusive retail store for Eurogrip Tyres, a two-wheeler and three-wheeler tire brand at Bahraich in Uttar Pradesh, India, according to a Monday filing to the Indian stock exchanges.This is the Eurogrip brand's 15th signature store in India.The company's shares were up over 1% in recent trade.
$BOM:509243$NSE:TVSSRICHAK
Asia
Shionogi to Absorb Torii Pharmaceutical in April 2027 Merger
Shionogi & Co (TYO:4507) will absorb its wholly owned subsidiary Torii Pharmaceutical through an absorption-type merger effective April 1, 2027, as it moves to strengthen integration and decision-making, according to a Monday filing on the Tokyo Stock Exchange.The companies signed the merger agreement on April 27 following board approval the same day.Shionogi will remain the surviving entity, while Torii Pharmaceutical will be dissolved, with no new shares or cash consideration issued as part of the transaction.The company said the merger will deepen collaboration and enhance synergies, particularly in therapeutic areas such as allergy and dermatology.
$TYO:4507