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IHG Hotels & Resorts, Centinel Public Partnerships Win Air Force Lodging Contract

IHG Hotels & Resorts (IHG) and Centinel Public Partnerships said Tuesday they have been selected by the Department of the Air Force to develop and manage on-base lodging across US military installations.Under the 50-year agreement, Centinel will serve as property developer and owner while IHG will act as hotel and management operator.Agreement finalization and operational transfer to Centinel and IHG are expected by fall 2027, beginning with 23 installations across the US and its territories, the companies said.Financial terms of the agreement were not disclosed.Price: $150.37, Change: $-0.40, Percent Change: -0.27%

$IHG

Wire45d ago

Leerink Partners Adjusts Boston Scientific PT to $87 From $86, Maintains Outperform Rating

Boston Scientific (BSX) has an average rating of Buy and mean price target of $83.70, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $57.39, Change: $+1.47, Percent Change: +2.63%

$BSX

Wire45d ago

Check Point Software Launches Agentic Network Security Platform, Acquires Deepchecks Team

Check Point Software Technologies (CHKP) said Tuesday it launched an autonomous agent architecture for enterprise network security operations without constant human intervention.The company said its agentic network security orchestration platform is built around its Network Knowledge Graph, a live, relational model of the customer's actual environment that is being continuously updated with real-time data.To accelerate the execution of the agentic platform roadmap, Check Point said it has signed a definitive agreement to acquire the Deepchecks team and intellectual property.The Deepchecks platform unifies evaluation, observability, testing, and monitoring, giving teams the visibility and control needed to trust agents in production. the company said.Shares of Check Point were up more than 1% in Tuesday trading.Price: $128.97, Change: $+1.69, Percent Change: +1.33%

$CHKP

Wire45d ago

Kennametal Launches Senior Notes Offering, Tender Offer for 2028 Notes

Kennametal (KMT) launched a public offering of senior notes and commenced a concurrent cash tender offer for its outstanding 4.625% senior notes due 2028, the company said Tuesday.The 2028 notes have an aggregate $300 million of principal amount outstanding and the tender offer consideration will be determined using a fixed spread of 30 basis points over the 3.875% US Treasury due March 15, 2028, the company said.Kennametal said it expects to fund the tender offer with proceeds from the concurrent notes offering.The tender offer will expire on May 26, it said.Shares of Kennametal were down more than 1% in early Tuesday trading.Price: $34.11, Change: $-0.81, Percent Change: -2.32%

$KMT

Wire45d ago

Rocket Mortgage and Redfin Launch New Incentives for Homebuyers, Sellers

Rocket Companies' (RKT) subsidiaries Rocket Mortgage and Redfin have launched a new homebuyer and seller incentive program offering savings of up to $20,000 for eligible customers, the company said Tuesday.The program provides combined lender credits and commission discounts for customers who buy, sell and finance homes through Redfin agents and Rocket Mortgage, with savings varying based on transaction type and client status, the companies said.Rocket said the initiative is designed to improve housing affordability and streamline the homebuying process by integrating brokerage and mortgage services within its ecosystem.Shares of Rocket Companies were down 3% in Tuesday trading.Price: $12.67, Change: $-0.35, Percent Change: -2.69%

$RKT

Wire45d ago

Baird Adjusts PT on J.B. Hunt Transport Services to $275 From $236, Maintains Outperform Rating

J.B. Hunt Transport Services (JBHT) has an average rating of overweight and mean price target of $239.57, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $258.40, Change: $-3.06, Percent Change: -1.17%

$JBHT

Wire45d ago

Baird Adjusts CSX Price Target to $49 From $47, Maintains Outperform Rating

CSX (CSX) has an average rating of overweight and mean price target of $46.31, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $45.97, Change: $-0.23, Percent Change: -0.50%

$CSX

Wire45d ago

Minerals Technologies Keeps Quarterly Dividend at $0.12 a Share, Payable June 18 to Shareholders of Record as of June 2

$MTX

Wire45d ago

Arteris Says Li Auto Using Its Technology for Smart Cars

Arteris (AIP) said Tuesday its technology is being used by Chinese electric vehicle manufacturer Li Auto (LI) to support the underlying AI compute data movement and integration automation for current and future smart cars.Arteris said Li Auto is already using the technology in the new L9 Livis SUV.Financial details were not provided.Price: $32.95, Change: $-0.34, Percent Change: -1.02%

$AIP$LI

Wire45d ago

Rubrik to Provide Cybersecurity for MEDITECH Customers

Rubrik (RBRK) and health tech company MEDITECH said Tuesday that they have signed a strategic collaboration for Rubrik to provide cybersecurity for MEDITECH customers, to protect hospital data from ransomware and cyber attacks.Financial terms were not disclosed.Rubrik said its Rubrik Security Cloud provides "cyber resilience by securing, monitoring, and recovering data, identities, and workloads across clouds." It is also intended to help MEDITECH customers lower financial and operational risks during a cyber event.Price: $65.07, Change: $+0.05, Percent Change: +0.08%

$RBRK

Wire45d ago

Academy Sports and Outdoors to Open 3 New Stores in Q2

Academy Sports and Outdoors (ASO) said Tuesday it plans to open three new stores in Q2 as part of its US expansion strategy.The company said the new locations will open in Altoona, Pennsylvania; North Knoxville, Tennessee; and Morristown, Tennessee.Academy said the expansion follows the addition of two new sites in Q1, 24 stores across 16 states in 2025 and 16 stores across 10 states in 2024.Shares of the company were down about 2% in early trading Tuesday.Price: $49.00, Change: $-0.98, Percent Change: -1.97%

$ASO

Wire45d ago

York Space Systems to Acquire Space Solar Technology Company Solestial

York Space Systems (YSS) agreed to acquire Solestial in a transaction that includes up to 2.35 million shares of company stock and an additional cash payment, York said in a regulatory filing with the US Securities and Exchange Commission on Tuesday.The company said it signed the merger agreement on May 15 and expects to complete the acquisition in Q2.Financial terms beyond the mix of stock and cash consideration were not disclosed.The transaction is expected to bring Solestial's space solar manufacturing capability into York Space Systems' supply chain and to support greater control over critical spacecraft power components, York said in a separate statement.Price: $24.63, Change: $-1.29, Percent Change: -4.98%

$YSS

Wire45d ago

Z Squared Sets Goal of 100-Megawatts of AI-Ready Capacity in 18 Months

Z Squared (ZSQR) has set a phase 1 plan to attain 100mw of AI-ready capacity across multiple site in the US over the next 18 months, the company said Tuesday.The company said it plans to achieve the target through a strategy of acquiring operating sites where power is already available and converting them to be AI-ready at an accelerated timeline.Z Squared has signed a binding letter of intent to acquire Skycore Digital, which consists of three active North Carolina sites supported by Duke Energy (DUKE).Skycore operates about 24 megawatts of energized capacity currently connected to the grid, plus an additional 18 megawatts available through existing Duke Energy letters of authorization, according to a statement.Price: $9.28, Change: $-0.10, Percent Change: -1.11%

$DUK$ZSQR

Wire45d ago

Intercontinental Exchange Partners With Ornn to Introduce GPU Compute Futures Contracts

Intercontinental Exchange (ICE) and Ornn plan to launch GPU compute futures contracts aimed at providing pricing benchmarks and hedging tools for the rapidly growing AI compute market, the companies said Tuesday.The cash-settled contracts will be based on Ornn's Compute Price Index, which tracks live GPU compute transaction prices across major hardware types used in AI workloads, the companies added.Intercontinental Exchange said the new products aim to improve price discovery and risk management in the compute sector, which has become increasingly volatile as demand for AI infrastructure accelerates globally.Price: $156.00, Change: $+0.02, Percent Change: +0.01%

$ICE

Wire45d ago

Update: Nourish Raises $100 Million to Help Patients Maintain GLP-1 Weight-Loss Results

(Updates with additional information throughout from Nourish's press release and removes Market Chatter tag.)Nourish, a nutrition counseling startup focused on supporting patients using GLP-1 weight-loss drugs, raised $100 million in a Series C funding round led by Menlo Ventures, the company said Tuesday.The round included participation from Thrive Capital, Index Ventures, JPMorgan Chase's (JPM) growth equity arm, Maverick Ventures, Y Combinator and others, the company said.Nourish said the financing increased its total funding to $215 million and will support expansion of its clinical network, artificial intelligence tools for patients and providers, and metabolic clinic model.JPMorgan Chase did not immediately respond to' request for comment.Price: $299.33, Change: $-1.43, Percent Change: -0.48%

$JPM

Wire45d ago

Rogers Names Ali El-Haj CEO

Rogers (ROG) said Tuesday it has appointed Ali El-Haj as its chief executive and president.El-Haj has served as Rogers' interim president and CEO between July 2025 and May 2026, the company said.Price: $130.17, Change: $-3.51, Percent Change: -2.63%

$ROG

Wire45d ago

One and One Green Technologies to Buy Smelting Equipment for Metro Manila Facility

One and One Green Technologies (YDDL) said Tuesday it signed a contract to purchase smelting equipment for a new recycling production line in Metro Manila.Financial terms were not provided.The company said the facility, slated to begin commercial operations in H2, will process industrial hazardous waste streams, including electronic, copper and nickel sludge, and recover metals, including copper, nickel, gold and silver.One and One Green Technologies said the equipment purchase follows its previously announced plan to enter the Philippine electronic waste recycling market.Shares of the company were down more than 3% in premarket activity Tuesday.Price: $4.00, Change: $-0.14, Percent Change: -3.38%

$YDDL

Wire45d ago

ATRenew Q1 Adjusted Net Income, Revenue Rise; Issues Q2 Outlook -- Shares Rise Pre-Bell

ATRenew (RERE) reported Q1 adjusted net income Tuesday of 0.87 Chinese renminbi ($0.13) per diluted share, up from 0.48 renminbi a year earlier.An analyst polled by FactSet expected 0.77 renminbi.Net revenue for the quarter ended March 31 was 6.16 billion renminbi, compared with 4.65 billion renminbi a year earlier.An analyst surveyed by FactSet expected 5.91 billion renminbi.The company said it expects Q2 revenue of 6.24 billion renminbi to 6.34 billion renminbi. An analyst surveyed by FactSet expects 6.37 billion renminbi.Shares of the company were up more than 4% in Tuesday premarket activity.Price: $4.70, Change: $+0.20, Percent Change: +4.44%

$RERE

Wire45d ago

Shares of Mineral Resources Fall on Western Australia Lithium Mine Restart Plans

Shares of Mineral Resources (ASX: MIN) edged down in recent Tuesday trade after the company said in a late Monday Australian bourse filing that it would restart operations at its Bald Hill lithium mine in Western Australia, citing a sustained recovery in lithium prices and improved market conditions.The mine, which was previously placed on care and maintenance in November 2024, will now resume operations, with mining and crushing expected to begin in June and first spodumene concentrate production targeted for July, per the filing.The restart will be managed by the company's mining services division through its integrated operating model and is projected to generate around 370 jobs, the filing said.The company plans to begin initial shipments in the first quarter of fiscal 2027 and achieve a full production ramp-up by the second quarter of fiscal 2027, while incurring around AU$20 million in restart costs during fiscal 2026, the filing added.

ASX:MIN

Wire45d ago

GSI Technology Wins Phase 1 Deal to Build AI-Driven City Security System in Taiwan

GSI Technology (GSIT) won a Phase 1 contract from the Hsinchu County government in Taiwan for an AI-driven smart-city project, marking the company's first deployment of its Gemini-II Associative Processing Unit.The Phase 1 award covers development of an open-architecture software platform, integration of video and user-interface capabilities, and a pilot system supporting about 20 cameras, the company said Monday in a statement.The Smart Eye Guardian system provides real-time detection and monitoring of public-safety events. Phase 1 is expected to run for six months, with potential production deployments beginning in 2027, the company said.Financial terms were not disclosed, though follow-on phases "could generate a multi-million-dollar opportunity for hardware and recurring software-licensing revenue," GSI said.GSI shares rose 1.7% in after-hours trading.

$GSIT

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