FINWIRES · TerminalLIVE
FINWIRES

APi Group Files Shelf Registration For Potential Equity, Debt Offerings

By

-- APi Group (APG) may offer and sell common stock, preferred stock and debt securities from time to time, according to a shelf registration statement filed on Thursday with the US Securities and Exchange Commission.

The company said the securities could be issued in one or more offerings, with specific terms, including pricing and amounts, to be detailed in future.

APi said the net proceeds will be used for general corporate purposes, unless stated otherwise.

Price: $46.79, Change: $-1.87, Percent Change: -3.84%

Related Articles

Australia

Update: Check Point Software Shares Decline After Revenue Guidance Cut, Piper Sandler Downgrade

(Updates with stock price move in headline and first paragraph, full-year revenue guidance and analyst downgrade in the sixth and seventh paragraphs.)Check Point Software Technologies (CHKP) shares were down more than 19% in Thursday afternoon trading after the company cut its full-year revenue outlook and Piper Sandler downgraded the stock.The company reported Q1 non-GAAP earnings Thursday of $2.50 per diluted share, up from $2.21 a year earlier.Analysts polled by FactSet expected $2.40.Revenue for the quarter ended March 31 was $668.4 million, up from $637.8 million a year earlier.Analysts surveyed by FactSet expected $672.7 million.The company lowered its 2026 revenue forecast to between $2.77 billion and $2.85 billion from $2.83 billion to $2.95 billion. Analysts expected $2.88 billion.Piper Sandler downgraded the stock to neutral from overweight.Price: $112.94, Change: $-27.02, Percent Change: -19.31%

$CHKP
Australia

Sector Update: Tech

Tech stocks rose late Thursday afternoon with the State Street Technology Select Sector SPDR ETF (XLK) gaining 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) advancing 4.1%.The Philadelphia Semiconductor index climbed 2%.In corporate news, Qualcomm's (QCOM) shares jumped 15% a day after the company posted better-than-expected fiscal Q2 adjusted earnings and revenue.

$QCOM
Australia

Adamas Trust Shares Rise After Posting Better-Than-Expected Q1 Earnings

Adamas Trust (ADAM) shares were up 16.4% in Thursday trading after the real estate investment trust posted better-than-expected Q1 earnings.The company reported earnings of $0.40 per diluted share, compared with $0.33 a year ago.Analysts polled by FactSet expected $0.12.Revenue for the quarter ended March 31, expressed as the sum of total net interest income and total other income, was $129.4 million, compared with $65.1 million a year earlier.A comparable FactSet estimate was not available.Price: $9.00, Change: $+1.25, Percent Change: +16.06%

$ADAM