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Latest News Releases From The Newsroom

AAM Momentum: FAA Unveils Groundbreaking Plan for Advanced Air Mobility

July 19th, 2023

The Federal Aviation Administration (FAA) has unveiled its implementation plan for advanced air mobility (AAM) operations, which includes steps to ensure the safe integration of highly automated and electric aircraft known as air taxis or electric Ve. Read more

Breaking: Startek Becomes Takeover Target; Halliburton's Earnings Preview

July 18th, 2023

According to a regulatory filing with the SEC, CSP EAF II GP Limited, an entity affiliated with CSP Fund II LP (CSP EAF), submitted today an offer letter to Startek, Inc.'s (NYSE: SRT) board of directors proposing to acquire all outstanding shares of. Read more

Amarin's Restructuring Move Sends Shares Down

July 18th, 2023

Shares of Amarin Corporation plc (Nasdaq: AMRN) tumbled more than 10% in after-hours trading as the company said that it has initiated an organizational restructuring program to strengthen it and enhance shareholder value. The restructuring aims to r. Read more

Breaking: Novartis Q2 Earnings Beat; Sarconeos Deal Boosts Biophytis

July 18th, 2023

Shares of Novartis AG (NYSE: NVS) experienced a surge in premarket trading as the company surpassed expectations in its second-quarter 2023 financial report.  The pharmaceutical giant reported core earnings per share (EPS) of $1.83 and sales . Read more

Q2 Earnings Reactions: BofA and Synchrony Financial Beat; PNC Financial Mixed Results

July 18th, 2023

Bank of America Corporation (NYSE: BAC) exceeded expectations in its second-quarter 2023 financial report, posting an earnings per share (EPS) of $0.88 and revenue of $25.2 billion compared to the consensus estimates of $0.84 and $25.05 billion, resp. Read more

Masimo Q2 Revenue Outlook Miss; Citigroup Bullish On BeiGene

July 18th, 2023

Shares of Masimo Corporation (Nasdaq: MASI) experienced a significant drop of over 20% in after-hours trading following the release of preliminary revenue results that fell below expectations.  The company anticipates its consolidated revenue. Read more

Breaking: FTC Moves to Block IQVIA's Takeover of Propel Media

July 17th, 2023

The Federal Trade Commission (FTC) has taken action to halt IQVIA Holdings Inc. (NYSE: IQV), the largest health care data provider, from acquiring Propel Media, Inc., a move that would give IQVIA a dominant position in programmatic advertising for he. Read more

Market Buzz: Astronics Previews Q2 Revenue, FB Financial Posts Earnings Beat

July 17th, 2023

Astronics Corporation (Nasdaq: ATRO) revealed that preliminary orders for the second quarter of 2023 are estimated to be in the range of $200M to $205M.  Additionally, unaudited preliminary results indicate that the company's revenue for the . Read more

Goldman Sachs' Buy Views: Yelp, Stagwell, and Chewy

July 17th, 2023

Yelp Inc. (NYSE: YELP), a popular online platform for local businesses, received a notable upgrade from Goldman Sachs, shifting its rating from Neutral to Buy, and the investment firm announced a price target of $47. With $YELP closing at $38.13 o. Read more

Making Waves: GreenPower Q4 Revenue Beats; Analysts See Upside On Wells Fargo

July 17th, 2023

GreenPower Motor Company Inc. (Nasdaq: GP), a leading electric vehicle manufacturer, reported strong fourth-quarter fiscal 2023 revenues of $15.3 million, marking an impressive 255% year-over-year increase. The results exceeded consensus estimates of. Read more