Day: September 19, 2022
Theravance Biopharma Inc. TBPH, +3.03% said Monday its board has authorized a $250 million capital return program, that includes buying back its own stock from GSK Plc GSK, -0.79%. The company will purchase GSK’s entire holdings of about 9.6 million shares at $9.75 a share with the closing expected Tuesday. The company also plans to […]
Shares of AutoZone Inc. AZO, -2.11% rose 1.1% in premarket trading Monday, auto parts retailer reported fiscal fourth-quarter profit and sales that rose above expectations, helped by continued strength in its commercial business. Net income for the quarter to Aug. 27 rose to $810.0 million, or $40.51 a share, from $785.8 million, or $35.72 a […]
High Tide Inc. HITI, -1.37% HITI, -1.52% a cannabis store operator and e-commerce company, said Monday it closed a five year, C$19 million ($14.3 million) senior secured credit facility with Alberta-based lender connectFirst Credit Union Ltd. The Calgary-based company plans to use the proceeds to increase its Canna Cabana discount cannabis store count to 150 […]
Granite Construction Inc. GVA, +3.61% said Monday it no longer plans to sell its Water Resources and Mineral Services businesses, citing current market conditions. The construction materials company said the businesses’ assets will no longer be classified as held for sale, and the financial results will be reporting within continuing operations. “Although we saw significant […]
EURUSD, “Euro vs US Dollar” EURUSD is still consolidating around 0.9992. Today, the pair may expand the range up to 1.0040 and then fall with the target at 0.9920, or even extend this structure down to 0.9800. GBPUSD, “Great Britain Pound vs US Dollar” Having reached the short-term downside target at 1.1350, GBPUSD is expected […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 3/8, break it, and then continue falling to reach the support at 2/8. Still, this scenario may no longer […]
You can now play Solitaire, Snake and even Counter-Strike to earn Satoshis, tiny fractions of Bitcoin (BTC). Cointelegraph spoke to executives at Thndr Games, a play-to-earn (P2E) company built around Bitcoin and Zebedee, a gaming platform that will “Transform gaming with the power of Bitcoin.” Thanks to the Lightning Network (LN), a layer-2 payment solution built […]
After leaked footage said to be from a forthcoming “Grand Theft Auto” game appeared online over the weekend, Take-Two Interactive Software Inc. TTWO, -1.41% said in a filing with the Securities and Exchange Commission Monday morning that the actions were a result of an intrusion into its network. Rockstar Games, the “Grand Theft Auto” publisher […]
Ralph Lauren Corp. shares RL, +1.19% swung between gains and losses in premarket trade Monday, after the company outlined its strategic growth plan in a statement released ahead of an investor day in New York City. The clothing company said it expects to return about $2 billion in excess cash flow to shareholders through fiscal […]
Genelux Corp. GNLX, has set terms for its initial public offering, in which the California-based biotechnology company focused on treating difficult-to-treat tumors could be valued at up to $164.99 million. The company said it is offering 2.5 million shares in the IPO, which is expected to price between $6 and $7 a share, as the […]
