-- Olam's (SGX:VC2) group chief executive officer, Sunny George Verghese, resigned from the post, effective Monday, according to a same-day filing with the Singapore Exchange.
Verghese is stepping down to become the CEO of the company's subsidiary, Olam Agri, the filing said.
IonQ (IONQ) said Monday it entered an agreement with Florida LambdaRail to develop a nearly 100-mile quantum-safe network from Palm Beach County to Miami-Dade, connecting three research and education institutions.Phase 1 involves creating a three-node corridor linking select area colleges over the existing Florida LambdaRail fiber network before leveraging IonQ's quantum key distribution technology for protection against cyber threats, the company said.Upon completion of phase 1, the initiative is expected to expand across the Florida LambdaRail network, connecting additional institutions statewide, according to a statement.Price: $42.00, Change: $-0.70, Percent Change: -1.63%
TerrAscend (TSND.TO), a North American cannabis operator, announced preliminary and unaudited financial results for the first quarter ended March 31, 2026, on Monday.The preliminary and unaudited financial results reported are from continuing operations, and do not include Michigan, which are reported as discontinued operations effective as of the second quarter ended June 30, 2025, said the company.For the first quarter of 2026, the company expects net revenue of US$65.5 million, compared to US$66.1 million in the fourth quarter of 2025 and US$64.3 million in the first quarter of 2025.It expects gross profit margin of 52.8% for the first quarter of 2026, compared to 52.1% in the fourth quarter of 2025 and 53.9% in the first quarter of 2025.The company's shares were last seen up C$0.03 or 3.3% at C$0.94 on the Toronto Stock Exchange.Price: $0.95, Change: $+0.04, Percent Change: +4.40%
The Dallas Fed's monthly manufacturing index fell to a reading of minus 2.3 in April from minus 0.2 in March, compared with expectations for an increase to a reading of 0.8.The index indicates faster contraction, which is in contrast with other regional manufacturing readings already released, and the S&P global flash measure that suggested expansion.For Dallas, there were gains in the readings for production, shipments, new orders, employment and prices paid.The reading for the company outlook rebounded to 3.0 from minus 3.5 in March.