surge
In a significant move within the packaging industry, Pactiv Evergreen Inc. (NASDAQ:PTVE) shares jumped 19.5% in premarket trading following the announcement that Novolex, an Apollo Global Management-owned company, will acquire the packaging products maker in a deal valued at $6.7 billion. The transaction was announced on Monday. The acquisition price…
Shares of Ubisoft Entertainment SA (LON:) (EPA:UBIP) jumped 16% Friday as the company’s shareholders, including the founding Guillemot family, are engaged in discussions regarding a potential buyout of the leading French video game developer, Reuters reported. The Guillemot family, the largest shareholder group, is exploring ways to structure a buyout…
On Friday, Rubrik’s shares saw a notable 22% increase in US premarket trading following the data management company’s announcement that it surpassed earnings expectations and raised its full-year revenue guidance. Analysts attribute the company’s strong performance to the growing demand for data security, which has been a key driver behind…
By Curtis Williams HOUSTON (Reuters) – U.S. LNG exports to Europe surged in November as the world’s largest producer of the superchilled gas sent more cargoes to the continent and fewer to Asia and Latin America, according to preliminary data from financial firm LSEG. European prices climbed in November to…
BridgeBio Pharma, Inc. (NASDAQ:) received U.S. Food and Drug Administration (FDA) approval for Attruby™ (acoramidis), an oral medication for the treatment of adults with ATTR-CM aimed at reducing cardiovascular death and hospitalization. The approval followed positive results from the ATTRibute-CM Phase 3 study. In response to the news, BridgeBio shares…
Interest in secondary passports for Americans has surged since Trump’s reelection.Global citizenship firms said clients are especially concerned about LGBTQ+ rights and the economy.They also said that they often see spikes in interest around elections.American interest in secondary passports has been on the rise over the last year — and…
Investing.com – Nvidia (NASDAQ:NVDA) is due to report its latest quarterly results on Nov. 20, with investors on the lookout for any guidance from the chipmaking titan about demand for its artificial intelligence-enhancing hardware heading into 2025. Some analysts have come to view the release of the figures as equivalent in…
By Wayne Cole SYDNEY (Reuters) -U.S. stock futures and the dollar surged in Asia on Wednesday as investors wagered Republican Donald Trump could win the U.S. presidential election, though officially the race remained too early to call. Trump defeated Democrat Kamala Harris in the battleground states of North Carolina and…
Reddit Inc (NYSE:) reported better-than-expected third-quarter results and provided strong guidance, sending its shares soaring more than 22% in premarket trading Wednesday. The social media platform posted adjusted earnings per share of $0.16, significantly beating analyst estimates of a $0.23 loss. Revenue for the quarter jumped 68% YoY to $348.4…
Hurricane season may end with a November surge of storms starting next week, AccuWeather forecasts.Florida and the Carolinas are most at risk, even as they recover from Hurricanes Helene and Milton.Warm sea temperatures and low wind shear could even bring a rare December cyclone. Hurricane season seems to be rallying…
