Financial News · Live Terminal

Page 1272 of 2789

Viewtrix Technology Nets HK$1 Billion Ahead of Hong Kong Trading Debut

Viewtrix Technology (HKG:3310) raised HK$1.02 billion in net proceeds from its initial public offering in Hong Kong.The offer price was set at HK$20.81 per H-share, according to a Tuesday after-market filing with the Hong Kong Stock Exchange.The Chinese AMOLED display driver integrated circuit designer offered 52.9 million H-shares in the global offering.The Hong Kong public offer was 3,559.68 times subscribed, with a final allocation of 5.3 million shares, representing 10% of the total offering.The international offering was 7.05 times subscribed, with a final allocation of 47.6 million shares, or 90% of the total offering.An over-allocation of 7.9 million shares was made under the global offering.Cornerstone investors, including Digital Vista and SpreadCom, were allotted a combined 18.7 million shares, representing 35.37% of the global offering, according to the filing.Viewtrix Technology is scheduled to debut on the Hong Kong bourse on Wednesday, May 27.

HKG:3310

Insider Trading50d ago

GSI Technology Insider Sold Shares Worth $437,358, According to a Recent SEC Filing

Bor-Tay Wu, Vice President, Taiwan Operations, on May 22, 2026, sold 40,000 shares in GSI Technology (GSIT) for $437,358. Following the Form 4 filing with the SEC, Wu has control over a total of 912,500 common shares of the company, with 912,500 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1126741/000139467026000005/xslF345X05/primary_doc.xml

$GSIT

Insider Trading50d ago

Guardant Health Insider Sold Shares Worth $2,896,360, According to a Recent SEC Filing

Chris Freeman, Chief Commercial Officer, on May 22, 2026, sold 24,406 shares in Guardant Health (GH) for $2,896,360. Following the Form 4 filing with the SEC, Freeman has control over a total of 60,034 common shares of the company, with 60,034 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1576280/000187161526000010/xslF345X05/wk-form4_1779831478.xml

$GH

Insider Trading50d ago

Ipg Photonics Insider Sold Shares Worth $1,195,098, According to a Recent SEC Filing

Timothy PV Mammen, Senior Vice President, Chief Financial Officer, on May 22, 2026, sold 9,975 shares in Ipg Photonics (IPGP) for $1,195,098. Following the Form 4 filing with the SEC, Mammen has control over a total of 76,438 common shares of the company, with 76,438 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1111928/000111192826000122/xslF345X05/wk-form4_1779831263.xml

$IPGP

Commodities50d ago

Refiners Slide as US-Iran Peace Hopes Pressure Crack Spreads, TPH Energy Says

Refining equities and product crack spreads declined last week as reports of progress in US-Iran peace negotiations pressured margins and softened sector sentiment, TPH Energy strategists said in a note on Tuesday.Matthew Blair, analyst at TPH Energy, said the refining group fell 1.3%, underperforming the S&P 500's 0.9% gain, with high-beta names leading losses.PBF Energy (PBF) dropped 4.9%, while Phillips 66 (PSX) outperformed the group with a 1.6% rise, making it the lone notable gainer among diversified refiners.TPH said the decline was driven by a sharp compression in refined product cracks. US gasoline cracks fell $12 to $25 per barrel, while US diesel cracks declined $7 to $45/bbl.Regional softness was most pronounced in the Midwest, Midcontinent and Rockies, TPH analysts said, reflecting broad-based margin pressure.International cracks were mixed. Northwest Europe gasoline and diesel eased by $1 and $3/bbl, respectively, while Singapore markets moved against the trend, with gasoline up $3/bbl and diesel rising $5/bbl.Forward curves also reflected the softer tone. The 2026 gasoline strip moved $1 lower, while diesel was unchanged.On the crude side, the Brent-WTI spread narrowed to $3/bbl from $5 previously, reducing a key advantage for US refiners that benefit from discounted domestic crude.Blair said grades, including Mars, Louisiana Light Sweet and Bakken crude strengthened, while Western Canadian Select at Hardisty, Mexico's Maya crude and Alaska North Slope held largely steady.Macro and industry developments added to the mixed backdrop. US regular gasoline prices eased 5 cents to $4.45 per gallon. India raised retail gasoline prices in response to war-related supply dynamics involving Iran.Kuwait's refinery throughput has reportedly fallen by half since the Middle East conflict began, while US jet fuel production has climbed above 2 million barrels per day in recent weeks.On corporate activity, Delek US Holdings (DK) disclosed a $100 million share repurchase authorization from REH. However, despite the recent pullback in refining equities, TPH said most refiners continue to trade above their three-year average forward EBITDA valuation multiples, except for Phillips 66 and Valero Energy (VLO).

$DK$PBF$PSX$VLO

Insider Trading50d ago

Urban Outfitters Insider Sold Shares Worth $687,290, According to a Recent SEC Filing

Frank Conforti, Co-President & COO, on May 22, 2026, sold 9,391 shares in Urban Outfitters (URBN) for $687,290. Following the Form 4 filing with the SEC, Conforti has control over a total of 72,146 common shares of the company, with 71,698 shares held directly and 448 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/912615/000119312526239661/xslF345X05/ownership.xml

$URBN

Insider Trading50d ago

Urban Outfitters Insider Sold Shares Worth $369,743, According to a Recent SEC Filing

Melanie Marein-Efron, Chief Financial Officer, on May 22, 2026, sold 5,036 shares in Urban Outfitters (URBN) for $369,743. Following the Form 4 filing with the SEC, Marein-Efron has control over a total of 17,023 common shares of the company, with 17,023 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/912615/000119312526239663/xslF345X05/ownership.xml

$URBN

Insider Trading50d ago

Urban Outfitters Insider Sold Shares Worth $639,098, According to a Recent SEC Filing

Azeez Hayne, Chief Administrative Officer, on May 22, 2026, sold 8,733 shares in Urban Outfitters (URBN) for $639,098. Following the Form 4 filing with the SEC, Hayne has control over a total of 64,642 common shares of the company, with 64,642 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/912615/000119312526239668/xslF345X05/ownership.xml

$URBN

Treasury50d ago

Osisko Development Closes US$225.0 Million Offering

Osisko Development (ODV.V), down 2.2% at last look in U.S. after-hours trading, said Tuesday it closed a private placement offering of US$225 million aggregate principal amount of 4.125% convertible senior notes due 2031.The company said net proceeds from the offering are expected to total about US$215.9 million after deducting commissions and estimated offering expenses, but before deducting the cost of capped call transactions.Osisko said the proceeds will be used to fund capped call transactions entered into with certain financial institutions in connection with the offering, as well as for the development of the Cariboo Gold Project and general corporate purposes.The company added that the initial purchasers of the notes have been granted an option to purchase up to an additional US$25 million aggregate principal amount of notes.Separately, Double Zero Capital LP, an affiliate of the company, agreed to purchase US$50 million aggregate principal amount of the notes in a concurrent private placement.Shares of the company were down US$0.06 to US$2.72 at last look in US after-hours trading, after closing C$0.01 down to C$3.84 on TSX Venture Exchange.

$ODV$ODV.V

Commodities50d ago

US Natural Gas Update: Futures Prices Soften in Choppy Trade

US natural gas futures extended losses in after-hours trade on Tuesday, though price action in the expiring June contract remained volatile as focus shifted toward July and the next phase of weather-driven demand.The front-month Henry Hub contract slipped 0.58% to $2.89 per million British thermal units, while the continuous contract fell 0.40% to $3.009/MMBtu.The June contract, which expires Wednesday, traded as low as $2.878/MMBtu, below Friday's settlement of $2.907, and reached an intraday high of $2.989/MMBtu.Weather models turned cooler over the weekend, weighing on sentiment. The overall Lower 48 forecast cooled by 6.7 degrees Fahrenheit, according to Aegis Hedging. The firm noted, however, that the cooler revisions were concentrated in the one- to two-week outlook, while temperatures at or above seasonal norms are still expected through mid-June."The setup is still defined by a familiar late spring tension, where mild stretches keep balances comfortable, but any meaningful heat building across the South and East can quickly lift power burn and improve sentiment at the front of the curve," Gelber & Associates said in a Tuesday note.Lower-48 gas demand was estimated at 66.6 billion cubic feet per day on Tuesday, down 2.5 Bcf/d from Friday but 6.8% higher than a year earlier, according to BNEF.Aegis Hedging said strengthening power-sector demand continued to underpin the market. Power demand rebounded by nearly 6 Bcf/d over the weekend to 36.1 Bcf/d, the firm said. Celsius Energy estimated Monday power burn at 30.8 Bcf, up 0.3 Bcf day-on-day and 2.9 Bcf above year-ago levels.The seven-day average for May 19-25 stood at 32.3 Bcf/d, up 3.6 Bcf/d from the same period last year.On the supply side, Lower-48 dry gas production rose to 110.6 Bcf/d on Tuesday, up 500 million cubic feet per day from Friday and 3.1% above year-earlier levels, according to BNEF.Barchart said some short covering emerged in natural gas futures after stronger LNG export demand pointed to tighter domestic balances. Gas flows to US LNG export terminals rose to 18.4 Bcf/d on Tuesday, up 8.8% week-over-week, according to BNEF data.

Mining & Metals50d ago

Brookfield Corporation, Brookfield Wealth Solutions Boards Approve Corporate Simplification Plan

Brookfield Corporation (BN.TO) and Brookfield Wealth Solutions (BWS) after trade Tuesday said their boards have approved the plan to simplify their corporate structure by combining under one publicly traded company, Brookfield Corporation Ltd.The new company will trade on the New York and Toronto exchanges under the symbol "BN," they added.Under the deal, all BN class A limited voting shares and BWS class A exchangeable limited voting shares will be exchanged on a one-for-one basis for shares in the new company. The transaction will be completed through a court-approved plan of arrangement and will require approval from shareholders of both BN and BWS and is set to be completed on a tax-deferred basis for U.S. and Canadian shareholders."Management information circulars of BN and BWS will be filed with applicable securities regulators, providing full details of the transaction and the matters contemplated therein will be voted on at the 2026 annual general meetings of BN and BWS, both to be held on July 16 as approved by the TSX," the companies said.After the transaction is completed, Brookfield Corporation Ltd. is expected to pay a quarterly distribution equal to the current distributions paid by BN and BWS. The deal remains subject to customary conditions and regulatory approvals and is expected to close by the end of the year.

$BN.TO

Equities50d ago

SOLV Energy Reports Public Offering of Class A Shares

SOLV Energy (MWH) said late Tuesday it has launched a public offering of 14 million Class A shares, including almost 7.2 million shares offered by affiliates of American Securities and some 6.8 million shares offered by the company.The selling stockholders and SOLV plan to grant underwriters a 30-day option to purchase up to about 1.1 million and 1.0 million additional shares, respectively, the firm said.The company said it plans to use the net proceeds to buy limited liability company interests in SOLV from existing holders, including affiliates of American Securities and some directors.Shares were down over 5% in after-hours activity.

$MWH

Research50d ago

Research Alert: Zs: Q3 Results Beat On Strong Arr Momentum, Though Guidance Was Mixed

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ZS delivered strong Q3 FY 26 results, with non-GAAP EPS of $1.08 beating consensus by $0.07, while revenue of $850.5M grew 25% Y/Y, exceeding Street expectations by $14.8M. This marks consistent execution, with revenue growth maintaining the 25% level from Q2, demonstrating sustained business momentum across the platform. ARR growth remained solid at 25% Y/Y to $3.525B, with organic growth of 21% excluding the Red Canary acquisition contribution. The sequential improvement in net new ARR and record operating margin expansion to 23% reflect stronger demand and improved execution, in our view. Management raised full-year revenue guidance to $3.3295B-$3.3325B (24.6%-24.7% growth) and non-GAAP EPS guidance to $4.10-$4.11, both above consensus estimates, and benefiting from a reduced tax rate. However, FCF margin guidance was lowered to 22.8%-23.3% from 26.5%-27.0% due to higher capex investments, though we believe continued platform expansion investments position ZS well for sustained long-term growth.

$ZS

Insider Trading50d ago

T-Mobile US Insider Sold Shares Worth $911,810, According to a Recent SEC Filing

Jon Freier, Chief Operating Officer, on May 21, 2026, sold 4,799 shares in T-Mobile US (TMUS) for $911,810. Following the Form 4 filing with the SEC, Freier has control over a total of 217,168 common shares of the company, with 217,168 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1283699/000128369926000072/xslF345X05/wk-form4_1779829260.xml

$TMUS

Insider Trading50d ago

Microchip Technology Insider Sold Shares Worth $333,203, According to a Recent SEC Filing

James Eric Bjornholt, Senior Vice President and CFO, on May 22, 2026, sold 3,667 shares in Microchip Technology (MCHP) for $333,203. Following the Form 4 filing with the SEC, Bjornholt has control over a total of 28,573 common shares of the company, with 28,573 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/827054/000145268126000028/xslF345X05/wk-form4_1779829396.xml

$MCHP

Insider Trading50d ago

Microchip Technology Insider Sold Shares Worth $467,175, According to a Recent SEC Filing

Richard J Simoncic, COO, on May 22, 2026, sold 5,000 shares in Microchip Technology (MCHP) for $467,175. Following the Form 4 filing with the SEC, Simoncic has control over a total of 135,508 common shares of the company, with 135,508 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/827054/000118194526000018/xslF345X05/wk-form4_1779829451.xml

$MCHP

Research50d ago

Research Alert: Smtc: Beat And Raise; Emerging Optical Play

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:SMTC posted better-than-expected Apr-Q results, with revenue of $291.0M vs. $283.5M consensus, up 6% sequentially and 16% Y/Y. Non-GAAP adjusted operating margin expanded to 20.4% from 19.0% prior year, while adjusted diluted EPS surged 34% to $0.51, beating $0.45 consensus. Strong performance was driven by robust demand across the semiconductor portfolio, particularly within the Signal Integrity segment which generated $102.0M (+39% Y/Y) with 62.7% gross margin, benefiting from data center demand for next-generation optical interconnect technologies. Jul-Q guidance exceeded expectations, seeing revenue of $328.0M and adjusted diluted EPS of $0.61, representing approximately 13% sequential revenue growth and continued margin expansion to 21.9% adjusted operating margin, vs. consensus $301M/$0.51. We see upside as FiberEdge and CopperEdge 1.6T revenues will layer onto the existing growth base, with SMTC expecting data center growth to accelerate throughout the year.

$SMTC

Mining & Metals50d ago

Sun Life Financial Brief: Receive Exchange and ODFI Approval to Repurchase and Cancel Up to 10-Million Shares over 12 Months Through a Normal-Course Issuer Bid

$SLF$SLF.TO

Insider Trading50d ago

Bridgebio Pharma Insider Sold Shares Worth $1,812,522, According to a Recent SEC Filing

Neil Kumar, Director, Chief Executive Officer, on May 21, 2026, sold 26,103 shares in Bridgebio Pharma (BBIO) for $1,812,522. Following the Form 4 filing with the SEC, Kumar has control over a total of 5,157,460 common shares of the company, with 243,327 shares held directly and 4,914,133 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1743881/000147083126000488/xslF345X05/wk-form4_1779828852.xml

$BBIO

Equities50d ago

PBF Energy Prices $500 Million Notes Offering

PBF Energy (PBF) has priced $500 million of 7.25% senior notes due 2034 in a private offering, the company said late Tuesday.The notes will be co-issued with PBF Energy's subsidiary PBF Holding, the company said, adding that PBF Holding intends to use the net proceeds from the offering to fund the redemption in full of its outstanding 6% senior notes due 2028.The offering is slated to close on Thursday, the company added.Shares of the company were up 1.1% in after-hours activity.

$PBF

Showing 25421-25440 of 55770

Commodities50d ago

Refiners Slide as US-Iran Peace Hopes Pressure Crack Spreads, TPH Energy Says

$DK$PBF$PSX$VLO