Financial News · Live Terminal

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First Financial Keeps Quarterly Dividend at $0.56 a Share, Payable Oct. 15 to Shareholders of Record on Oct. 1

BofA Adjusts Price Target on StandardAero to $27 From $35, Keeps Neutral Rating

StandardAero (SARO) has an average rating of buy and mean price target of $35.33, according to analysts polled by FactSet.Price: $22.88, Change: $-0.25, Percent Change: -1.08%

$SARO

Wire5d ago

Surgery Partners Lowers 2026 Revenue Guidance; Completes $797 Million Sale of Idaho Falls Facilities

Surgery Partners (SGRY) said Thursday it expects full-year 2026 revenue of $3.08 billion to $3.18 billion, compared with its prior guidance of $3.35 billion to $3.45 billion.Analysts polled by FactSet are looking for $3.43 billion.Additionally, the company said it has completed the sale of its ownership interests in two Idaho Falls facilities to Intermountain Health for $797 million in gross proceeds.Proceeds from the transaction will be used primarily to repay debt, the company said.Surgery Partners shares were 3.3% lower in early Thursday trading.Price: $13.34, Change: $-0.59, Percent Change: -4.27%

$SGRY

Wire5d ago

Ares Management Upsizes Momentum Financial Loan Facility

Ares Management's (ARES) alternative credit funds renewed and upsized Momentum Financial Services' secured loan facility to CA$810 million ($579.2 million) from CA$657.9 million, Momentum said Thursday.The facility was extended through January 2029 and includes an accordion feature for up to an additional CA$130 million, it added.Ares Management shares were up 2.7% in Thursday trading.Price: $128.21, Change: $+4.00, Percent Change: +3.22%

$ARES

Wire5d ago

SEALSQ Says iMTC Technology Selects QVault TPM183 for Medical Fingerprint Mouse

SEALSQ (LAES) said Thursday that Taiwan-based iMTC Technology selected its QVault TPM183 chip for a next-generation fingerprint recognition medical mouse designed for hospitals and other healthcare settings.Financial details weren't disclosed.Price: $2.30, Change: $+0.11, Percent Change: +4.79%

$LAES

Wire5d ago

LightPath Technologies Wins US Defense Contract to Advance Germanium Alternatives

LightPath Technologies (LPTH) said Thursday it has won a funded prototype agreement to advance germanium alternatives under the US Department of Defense's Critical Low-risk Electro-optic Alternatives for Resilience program.Under the agreement, the company said it will continue to develop BlackDiamond chalcogenide glass materials and optics as germanium alternatives for defense applications. Financial details were not provided.The CLEAR program, which is sponsored by the Department of Defense's Advanced Materials Office, is intended to accelerate the development of domestic alternative optical materials for the electro-optic and infrared systems used in defense surveillance, targeting, and situational awareness, the company said.Shares of LightPath were up 6.3% in early Thursday trading.Price: $9.98, Change: $+0.59, Percent Change: +6.28%

$LPTH

Wire5d ago

California Resources to Sell Uinta Basin Properties for $90 Million

California Resources (CRC) said Thursday it agreed to sell its Uinta Basin properties to an unnamed purchaser for about $90 million in cash, effective July 1, with closing expected by the end of the year.The transaction allows the company to focus on California and monetize non-core holdings gained from the Berry merger, the company said.The business plans to allocate the net proceeds toward stockholder returns and general corporate needs, California Resources said.Price: $54.82, Change: $+0.35, Percent Change: +0.64%

$CRC

Wire5d ago

National Fuel Gas Keeps Quarterly Dividend at $0.555 Per Share; Payable Oct. 15 to Holders of Record Sept. 30

$NFG

Wire5d ago

National Fuel Gas to Complete Evaluation of Separation Plan by Oct. 15

National Fuel Gas (NFG) said Thursday that by Oct. 15, its board expects to complete its evaluation of a plan to separate the company into two independent publicly traded companies.Under the plan, National Fuel's integrated upstream and gathering business would become an independent public company focused on its Appalachian upstream and gathering natural gas business, and National Fuel would become a 100% rate-regulated company with natural gas utility and interstate pipeline and storage assets across Pennsylvania, Ohio, and New York, the company said.If the plan is approved, the separation would be executed through a tax-free distribution of shares to National Fuel shareholders, the company said.Price: $80.73, Change: $+0.38, Percent Change: +0.47%

$NFG

Wire5d ago

Williams-Sonoma Keeps Quarterly Dividend at $0.76 a Share, Payable Nov. 20 to Stockholders of Record on Oct. 16

$WSM

Wire5d ago

Telesat Unit, Orange Commission European Gateway for Telesat Lightspeed Constellation

Telesat's (TSAT) Telesat LEO ULC unit and Orange have commissioned the first European gateway for the Telesat Lightspeed low-Earth orbit satellite constellation, the companies said Thursday.The gateway is hosted at an Orange teleport in Bercenay-en-Othe, France, with Orange to provide ground connectivity to Telesat's planned point of presence in Paris, according to the statement. No financial details were disclosed for this arrangement.The companies said the gateway is a key component supporting the Telesat Lightspeed constellation, which is planned to comprise an initial 225 satellites.Price: $52.35, Change: $+3.56, Percent Change: +7.30%

$TSAT

Wire5d ago

Innio Secures 450 MW US Data Center Power Order; Shares Rise

Innio (INIO) shares rose by more than 8% in early Thursday trading after the energy technology company said it secured an order to provide 450 megawatts of power infrastructure for a US energy data center customer.Financial and other terms of the order were not disclosed.The company said the order for its Jenbacher J624 containerized gas engines was booked in Q3 and it expects the engines to be delivered by 2028.Price: $20.91, Change: $+2.20, Percent Change: +11.73%

$INIO

Wire5d ago

OSI Systems Receives $8 Million in Orders for Electronic Assemblies

OSI Systems (OSIS) said Thursday its Optoelectronics and Manufacturing division received about $8 million in orders from a global industrial technology company.The orders cover electronic assemblies for the customer's test and measurement products, the company said.Price: $201.30, Change: $-0.45, Percent Change: -0.22%

$OSIS

Wire5d ago

Sturm, Ruger Shares Rise Pre-Bell After Beretta Launches Tender Offer

Sturm, Ruger & Company (RGR) shares were up 8.5% pre-bell after Beretta Holding said Thursday that it launched a cash tender offer to buy up to 2,400,184 shares of Ruger common stock at $44.80 each.Beretta said the price represents an approximately 21% premium over Ruger's Wednesday closing price, and that the deal will expire Oct. 15, unless it is extended.

$RGR

Wire5d ago

Charter Hall Group Enters Over AU$1 Billion Investment Partnership With Tokyo Tatemono, UBS Asset Management

Charter Hall Group (ASX:CHC) entered into a new investment partnership with Japanese real estate group Tokyo Tatemono and UBS Asset Management for a portfolio of industrial and logistics assets across Australia's east coast with an end value of AU$1.2 billion, according to a Wednesday statement.The portfolio includes three assets in Sydney, two in Brisbane, and a 20-hectare infill development site in Melbourne.The assets are predominantly leased to major consumer staples customers, and the portfolio provides income underpinned by "strong covenants and exposure to Australia's essential consumer supply chains," the company said.The transaction marks Tokyo Tatemono's first investment with Charter Hall and its first exposure to Australia's industrial and logistics sector.Charter Hall Group said its industrial and logistics platform is now valued at AU$24.9 billion.

ASX:CHC

Wire5d ago

Halozyme Therapeutics Plans $1.05 Billion Offering of Convertible Notes

Halozyme Therapeutics (HALO) plans to launch an offering of $1.05 billion of convertible senior notes due 2033, subject to market conditions.Initial purchasers will have a 13-day option to buy up to an additional $150 million of the notes, the company said Wednesday in a statement.Halozyme expects to use part of the proceeds to fund capped call transactions and to enter agreements with holders of its 0.25% convertible notes due 2027 and 1% convertible notes due 2028 to repurchase their notes for cash. The remainder will be used for general corporate purposes.Halozyme shares fell 1.8% in after-hours trading.

$HALO

Wire5d ago

Medical Properties Trust Completes Sale of 2 Idaho Hospitals

Medical Properties Trust (MPT) completed the sale of two Idaho hospital properties to affiliates of Intermountain Health for $413 million.The company said Wednesday it received $371 million in cash proceeds for Idaho Falls Community Hospital and Mountain View Hospital with $42 million distributed to minority real-estate owners.The sale represents a gain of about $130 million over the hospitals' gross book value, Medical Properties Trust said.The company expects to use a majority of the proceeds to reduce debt.Medical Properties Trust shares rose 2.1% in after-hours trading.

$MPT

Wire5d ago

BCB Bancorp Launches Stock Offering; Identifies Portfolio of Problem Loans; Expects Q3 Net Loss

BCB Bancorp (BCBP) said Wednesday it has launched an underwritten public offering of shares. Net proceeds will be used for general corporate purposes and to support capital, including in connection with the planned disposition of potential problem loans, among other purposes, it said.The company said that the management of its unit BCB Community Bank has identified for sale and started marketing of a portfolio of problem loans.The bank has received indications of interest from potential buyers covering all of the about $210 million principal balance of the problem loans for sale, it said, adding it expects to complete the sales during Q3.In addition, the bank said that during Q3, it plans to transfer about $27 million of commercial real estate loans showing credit weakness to held for sale. The bank also said it started marketing for the potential sale of its business lines focused on cannabis-related clients.The company said it now expects a Q3 provision for credit losses of $112 million to $120 million, and to post a Q3 net loss between $126.2 million and $136.1 million.BCB Bancorp shares were down nearly 8% in after-hours activity.

$BCBP

Wire5d ago

Boeing Expects Some 777X Testing To Spill Into 2027

Boeing Company (BA) expects some testing of its delayed 777X jet to spill into 2027, although it continues to plan for deliveries to begin next year, Bloomberg reported Wednesday, citing CEO Kelly Ortberg at a Morgan Stanley investor conference.The delay is linked to pending certification of a seal on the GE Aerospace turbine engine powering the aircraft, Ortberg said, according to the report.Boeing CFO Jay Malave said the company's target of generating $1 billion to $3 billion in free cash flow this year remains unchanged, although slower 737 and 787 deliveries make it less likely to exceed the midpoint, Bloomberg reported.Price: $201.39, Change: $-8.30, Percent Change: -3.96%

$BA

Wire5d ago

Top Cryptocurrencies Mixed; Bitcoin Holds Above $75,000 Level

Top cryptocurrencies were mixed on Wednesday, with Bitcoin (BTC-USD) holding above the $75,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 0.6% in the past 24 hours. The Nasdaq 100 dropped 0.1%, the S&P 500 fell 0.5% and the Dow Jones Industrial Average decreased 1.3%.Bitcoin rose 0.1% to $75,883, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume dropped 21.9% to $30.96 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, was little changed around $2,405.XRP (XRP-USD) added 0.4%, BNB (BNB-USD) eased 0.1%, and Solana (SOL-USD) rose 0.5%. Dogecoin (DOGE-USD) declined 0.5%, and Cardano (ADA-USD) lost 1.6%.The total market value of the cryptocurrency industry rose 0.3% in the past 24 hours to $2.59 trillion, with trading volume dropping 14.7% to $87.96 billion.Price: $75982.38, Change: $+395.87, Percent Change: +0.52%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD

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