News
Mining company Ivanhoe Electric Inc. IE, set terms for its initial public offering on Friday with plans to offer 14.4 million shares priced at $11.75 to $12.50 each. The company is planning a dual listing on the New York Stock Exchange and Toronto Stock Exchange under the ticker “IE.” BMO Capital Markets and Jefferies are […]
As tensions rise amid falling BTC prices, President Nayib Bukele decided to share advice for fellow Bitcoin investors that may be concerned about the prolonged bear market. 5288 Total views 32 Total shares El Salvador introduced BTC as legal tender on September 7, 2021, when its market price was around $50,000. Ever since, Bukele’s government […]
Cowen analyst Vivien Azer on Friday tapped Turning Point Brands TPB, +3.60% as a best small-to-midcap [smidcap] investing idea for 2022 as consumers turn to its Stoker’s chewing tobacco and Zig-Zag rolling papers for cannabis. “Value-priced Stoker’s positions TPB for continued market share gains, while sustained growth in Zig-Zag/cannabis should be driven by innovation and […]
TE Connvectivity Ltd. TEL, +2.36%, a maker of sensors and connectors, said Friday its board has approved an additional $1.5 billion share buyback program. The Swiss-based company is listed on the New York Stock Exchange. Shares were not active premarket but have fallen 30% in the year to date, while the S&P 500 SPX, +0.22% […]
Acadia Pharmaceuticals Inc. ACAD, +3.94% said Friday its stock will be halted from trading Friday as a U.S. Food and Drug Administration panel meets virtually to discuss a new drug application for a treatment for hallucinations and delusions associated with Alzheimer’s disease psychosis. The FDA’s Psychopharmacologic Drugs Advisory Committee will review Acadia’s Nuplazid at a […]
World Wrestling Entertainment Inc. WWE, -3.64% disclosed Friday that it is conducting and investigation into “alleged misconduct” by Vincent McMahon, its chairman and chief executive officer. Effective immediately, McMahon has stepped back from his responsibilities as CEO and chairman until the investigation is concluded. “I have pledged my complete cooperation to the investigation by the […]