Fermi (FRMI) reported a Q1 net loss Thursday of $0.30 per diluted share.
Two analysts polled by FactSet expected a net loss of $0.03 per share.
Year-ago figures were not provided, and no revenue was reported for the quarter ended March 31.
Shares of Fermi were down more than 3% premarket Thursday.
Price: $5.77, Change: $-0.23, Percent Change: -3.84%
Ingredion (INGR) has made a conditional proposal for a possible cash offer for Tate & Lyle, the UK food ingredients company said Thursday.Under the proposal, Tate & Lyle shareholders would receive up to 615 pence per share, comprising 595 pence in cash and the right to receive up to 20 pence in permitted dividends, subject to approvals.Tate & Lyle said discussions are ongoing and that there is no certainty a firm offer will be made or on the final terms of any potential transaction.Shares of Ingredion were down 3.2% in Thursday trading.Price: $102.65, Change: $-3.35, Percent Change: -3.16%
CME Group (CME) said Thursday it plans to launch Nasdaq CME Crypto Index futures on June 8, subject to regulatory approval.The financially settled product will be the company's first market-cap-weighted futures offering and will be available in multiple sizes, the company said.The contracts will allow investors to gain exposure to major digital assets such as bitcoin and ether, CME Group added.Price: $296.11, Change: $-1.02, Percent Change: -0.34%
United Airlines (UAL) and JetBlue's (JBLU) respective loyalty program members can now benefit from reciprocal loyalty benefits when traveling across either of the airlines' networks under the two companies' Blue Sky collaboration, JetBlue said Thursday.The perks for eligible TrueBlue and MileagePlus members include priority boarding, complimentary access to extra legroom seating at check-in, and priority check-in and security, among other benefits, according to a statement.Price: $97.51, Change: $+1.80, Percent Change: +1.89%