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ATI, BWX Technologies Extend Collaboration on US Naval Nuclear Propulsion Program

ATI (ATI) said Thursday that the company and BWX Technologies (BWXT) have signed a new long-term strategic material supply agreement related to the US naval nuclear propulsion program.Under the new five-year agreement, ATI will deliver critical defense materials through 2030, the company added.Financial details related to the agreement were not disclosed.Shares of ATI were up over 4% in Thursday trading.Price: $190.93, Change: $+7.57, Percent Change: +4.13%

$ATI$BWXT

Wire46d ago

EPR Properties Insider Sold Shares Worth $500,040, According to a Recent SEC Filing

Mark Alan Peterson, Executive Vice President & Chief Financial Officer, on June 10, 2026, sold 8,334 shares in EPR Properties (EPR) for $500,040. Following the Form 4 filing with the SEC, Peterson has control over a total of 207,750 common shares of the company, with 207,750 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1045450/000125122126000009/xslF345X05/wk-form4_1781185883.xmlPrice: $59.79, Change: $+0.42, Percent Change: +0.71%

$EPR

Wire46d ago

Google May Pick Samsung for Key Role in Making Future AI Chip, The Information Reports

$GOOG

Wire46d ago

HeartSciences Granted European Patent for Electrocardiography Technology; Shares Fall

HeartSciences (HSCS) has secured a patent from the European Patent Office for its "Electrocardiogram-Based Assessment of Diastolic Function" technology, the healthcare information technology company said Thursday.The patent, effective April 29, covers machine-learning models and methods that estimate echocardiogram parameters for diastolic function using patient data and provides coverage in 19 European countries, the company said.Shares of HeartSciences were down 2.4% in early Thursday trading.Price: $1.84, Change: $-0.04, Percent Change: -2.39%

$HSCS

Wire46d ago

Market Chatter: Some US Employers Plan to Drop GLP-1 Coverage for Obesity in 2027

Some employers in the US intend to drop coverage of GLP-1 medications for weight loss in 2027 amid the increasing popularity of Novo Nordisk's (NVO) Wegovy and Eli Lilly's (LLY) Zepbound and Foundayo, Reuters reported Thursday, citing the Business Group on Health, a policy research group for large employers.Around 10% of employers who now cover GLP-1 drugs for weight-loss said they are planning to drop that coverage next year, the report said, citing the policy research group.Novo Nordisk and Eli Lilly didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $43.51, Change: $+0.72, Percent Change: +1.68%

$LLY$NVO

Oil & Energy46d ago

EMEA Natural Gas Update: Futures Mixed After US-Iran Continue to Trade Strikes

European natural gas futures were mixed on Thursday, following the latest surge in hostilities between the US and Iran, which undermined hopes of a potential peace deal.The Dutch TTF front-month contract was down 1.91% at 50.290 euros ($57.98) per megawatt-hour, while the UK NBP front-month contract was up 0.71% to 121.180 British pence ($1.62) per therm.Both the US and Iran traded strikes yet again, with the US Central Command announcing attacks against several "Iranian military surveillance capabilities, communication systems, and air defense sites" on Wednesday, which posed threats to US forces and commercial vessels transiting regional waters.The US Centcom also reported its third strike against a commercial vessel on Thursday, for attempting to violate its blockade against Iran, noting that US forces were acting "impartially against vessels of all nations entering or departing Iranian ports."Iran's IRGC Navy has said that it struck two vessels trying to illegally pass through the Strait, shortly after declaring its complete closure to commercial traffic, in retaliation over the US attacks, according to Iran's Mehr News Agency.Meanwhile, US President Donald Trump revealed that the country's military had secretly conducted a mission to ensure the safe passage of vessels through the Strait of Hormuz."More than 200 Commercial Ships have safely traveled through the Strait," he said in a Truth Social post on Wednesday.The Strait, which accounted for one-fifth of global LNG flows, remained effectively shut for the 15th week running, with just two vessels transiting over the past 24 hours, according to the Hormuz Strait Monitor.According to Daniel Hynes, a senior commodity strategist at ANZ, the interest in spot LNG purchases has continued to increase, especially from India, with five state-run refiners having issued tenders, or made purchases in recent weeks.This comes at a time of comparatively low European gas inventories, at 43.10% of capacity, compared to 51.79% during the corresponding period a year ago, according to Gas Infrastructure Europe.Inventories were also significantly below the five-year average for this period, at 57.1%, according to the Swiss Federal Office of Energy.

Wire46d ago

Summit Therapeutics Withdraws Public Offering Due to Market Conditions

Summit Therapeutics (SMMT) has withdrawn its proposed underwritten public offering of securities, due to market conditions, the company said in a Thursday regulatory filing.The company had announced the launch of an underwritten public offering of $500 million of its common stock on Tuesday.Price: $13.49, Change: $+0.43, Percent Change: +3.33%

$SMMT

Wire46d ago

Victoria's Secret Re-elects Independent Chair Donna James, All Directors

Victoria's Secret (VSXY) said Thursday its shareholders have re-elected all of the company's nominated directors, including independent Chair Donna James, based on preliminary voting results from its annual general meeting.Preliminary results indicate that James received over 99% of the votes cast, excluding those cast by BBRC International, which had waged a proxy contest against the re-election, the company said.Including the votes cast by BBRC, James was re-elected with over 83% approval, while each of the other director nominees received at least 81% of all votes cast, Victoria's Secret said.Shares of Victoria's Secret were up 1.4% in early Thursday trading.Price: $75.30, Change: $+1.06, Percent Change: +1.43%

$VSXY

Wire46d ago

JetBlue, Florida Panthers Expand Partnership With New Fan Experience Initiatives

JetBlue Airways (JBLU) has extended its multi-year partnership with the Florida Panthers, strengthening its footprint in South Florida and broadening fan engagement initiatives around the NHL team, the company said Thursday.The airline said the agreement maintains its status as the official airline of the Florida Panthers and introduces JetBlue Landing, a new fan destination at Amerant Bank Arena launching in the 2026-2027 season.Financial details of the expanded partnership were not disclosed.Price: $4.63, Change: $+0.01, Percent Change: +0.33%

$JBLU

Wire46d ago

AeroVironment Signs Defense Software Deal With Taiwan's Ubiqconn

AeroVironment (AVAV) said Thursday it has signed a memorandum of understanding with Taiwan-based computing provider Ubiqconn to advance uncrewed systems and mission management abilities.The partnership focuses on combining command software into rugged hardware to satisfy drone purchasing requirements for the Taiwanese military, the company said.The specialized software will enable personnel to control multiple drone models from different manufacturers through a single interface, AeroVironment said.Ubiqconn will supply the hardware components for compatibility evaluation and manage local demonstrations to government stakeholders, it said.Price: $172.71, Change: $-0.22, Percent Change: -0.13%

$AVAV

US Markets46d ago

Eaton to Combine Mobility Unit With Dana, Creating $10 billion Powertrain Systems Provider

Eaton (ETN) will combine its mobility business with auto parts supplier Dana (DAN), creating a global powertrain entity valued at more than $10 billion, the companies said in separate statements Thursday.The transaction is structured as a Reverse Morris Trust, under which Eaton will first separate the mobility unit. Dana will then merge with a subsidiary of the mobility business and emerge as the serving entity, according to the companies.The deal values the mobility business at about $5.1 billion. Eaton shareholders will own at least 50.1% of the combined entity, with Dana's investors holding the remaining 49.9%. Eaton will receive a cash distribution of approximately $1.1 billion prior to completion of the transaction.The deal values the combined company, which will operate as Dana, at more than $10 billion in enterprise value, the companies said. The transaction, which requires approval from Dana's shareholders and clearance from regulators, is expected to complete in the first quarter of 2027.Dana's shares plunged 16% as trading got underway on Thursday, while Eaton gained 1.4%.The transaction will integrate Dana's global powertrain, thermal and sealing technologies with the mobility business' commercial vehicle transmissions, engine and emissions products. The combined entity is estimated to have $11 billion in sales on a pro forma basis."Eaton shareholders will benefit from the meaningful upside created by the combined company, and the transaction will provide substantial cash value for Eaton to deploy to our highest-growth and highest-margin opportunities," Chief Executive Paulo Ruiz said in a statement.The separation is part of Eaton's portfolio transformation and allows it to focus on its electrical and aerospace segments. Earlier this year, the company announced its intention to spin off the mobility business into a publicly traded company.Eaton estimates the deal to be immediately accretive to its organic growth rate and operating margins. The companies expect the transaction to generate $250 million in run-rate cost synergies."This transaction marks an important milestone in our transformation," Dana's incoming CEO, Byron Foster, said. "By expanding our presence in core markets with new products and complementary technologies, we are enhancing our ability to deliver greater value to customers while strengthening margins through a more balanced portfolio and meaningful synergies."Foster and Dana Chief Financial Officer Timothy Kraus will lead the combined company in their respective current roles. R. Bruce McDonald, Dana's current CEO and chairman, will serve as executive chairman of the combined entity.Dana is now targeting $14 billion to $15 billion in sales by 2030, up from its previous target of roughly $10 billion, Kraus said.

$DAN$ETN

Wire46d ago

Kyivstar's Uklon Launches In-App Marketplace in Ukraine

Kyivstar Group's (KYIV) ride-hailing subsidiary Uklon has launched a new in-app marketplace, the company said Thursday.The Uklon store debuted in Kyiv with flowers as its first product category, allowing users to purchase and schedule deliveries through local florists using the app, Kyivstar said.The launch is intended to expand Uklon's digital ecosystem and create additional revenue streams, it said.Price: $13.44, Change: $+0.14, Percent Change: +1.05%

$KYIV

Oil & Energy46d ago

US Oil Update: Crude Rises After Trump Warns to Seize Iranian Oil Markets

Oil futures rose on Thursday driven by US President Donald Trump's threats of imminent military strikes on Iran and an infrastructure seizure, which countered a bearish demand growth downgrade from OPEC.Front-month West Texas Intermediate crude futures were up 0.3% at $90.30 per barrel, while Brent futures were steady at $93.17/bbl."Renewed hostilities threaten to prolong the near-total closure of the Strait of Hormuz, which has severely disrupted flows of crude oil, refined fuels, and natural gas since the conflict escalated in late February," Saxo Bank analysts said.President Donald Trump warned that the US will target Iran with strikes on Thursday night, further dimming the prospects of a peace deal between the two countries, which have renewed hostilities for the past two days.Trump said that the US will eventually take control of Iran's oil and gas markets by seizing its energy infrastructure, including at Kharg Island, in the way it had done in Venezuela.The Organization of the Petroleum Exporting Countries on Thursday forecast global oil demand growth for 2026 at 1 million barrels per day year-over-year, down from last month's assessment for growth of 1.2 mmbbl/d.Supporting prices further, US crude oil inventories decreased by 7.2 million barrels to 426.5 mmbbls in the week ended June 5, the Energy Information Administration said in its weekly report on Wednesday.

Mining & Metals46d ago

VVT Med Enters Dominican Republic Market

VVT Med (VVTM.V), a developer of minimally invasive solutions for venous disease, has entered the Dominican Republic market through a trial distribution and evaluation agreement with Antilles Medica, VVT said Thursday.Under the terms, Antilles will serve as the exclusive distributor for VVT's ScleroSafe technology in the Dominican Republic for an initial evaluation period, with a pathway toward a five-year partnership.The arrangement includes an initial purchase order for ScleroSafe Full Sets, reflecting Antilles' commercial commitment to the market entry process, VVT said.VVT's entry into Dominican Republic complements the company's established foothold in the U.S. through its relationship with Northwell Health, and its active distribution platforms in India and South Korea.Price: $0.20, Change: $-0.07, Percent Change: -24.53%

$VVTM.V

Equities46d ago

National Fuel Gas Increases Quarterly Dividend to $0.555 From $0.535 Per Share; Payable July 15 to Holders of Record June 30

$NFG

Treasury46d ago

Government of Canada 10-Year Bonds Slightly Outperforming U.S. Treasuries, Says National Bank

Government of Canada (GoC) 10-year bonds versus U.S. Treasuries 10s trading at -106 bps early Thursday, said National Bank of Canada.This means GoCs are slightly outperforming to start Thursday, noted the bank.That's largely in the same spot as last auction, but those levels continue to be on the richer side of the year-to-date range, stated National Bank.Saying this, cross-market outperformance hasn't been as pronounced as it has been down the curve, for example, two-year GoCs have outperformed 30bps since the end of February versus 25bps in 10-year ones, added the bank.

$CXY

Wire46d ago

Some US Employers Plan to Drop GLP-1 Coverage for Obesity in 2027, Reuters Reports

$LLY$NVO

Wire46d ago

Williams-Sonoma Keeps Quarterly Dividend at $0.76 a Share; Payable Aug. 21 to Stockholders of Record as of July 17

$WSM

Wire46d ago

AC Immune to Obtain $4 Million Research Grant From Foundation for Parkinson's Disease Therapy Trial

AC Immune (ACIU) is set to obtain a research grant of $4 million from the Vijay and Marie Goradia Charitable Foundation to support its phase 2 trial evaluating ACI-7104 in early Parkinson's disease, the company said Thursday.The grant will support extending the first part of the trial, and will help assess the long-term safety and efficacy of the active immunotherapy for an additional two years, according to a statement.AC Immune said that the final results of the trial's first part is expected in H2.Price: $2.16, Change: $+0.04, Percent Change: +1.89%

$ACIU

Insider Trading46d ago

Church & Dwight Co Inc Insider Sold Shares Worth $1,270,080, According to a Recent SEC Filing

Ravichandra Krishnamurty Saligram, Director, on June 10, 2026, sold 12,960 shares in Church & Dwight Co Inc (CHD) for $1,270,080. Following the Form 4 filing with the SEC, Saligram has control over a total of 49,503 common shares of the company, with 3,350 shares held directly and 46,153 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/313927/000031392726000267/xslF345X05/form4.xmlPrice: $97.97, Change: $-0.21, Percent Change: -0.21%

$CHD

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US Markets46d ago

Eaton to Combine Mobility Unit With Dana, Creating $10 billion Powertrain Systems Provider

$DAN$ETN