News by subject: Business Update

Axcella Therapeutics , a clinical-stage biotechnology company pioneering a new approach to treat complex diseases using multi-targeted endogenous metabolic modulator (EMM) compositions, today announced financial results for the first quarter ended...

Digital Media Solutions, Inc. (the "Company"), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced that it received written notice on April 28, 2023, from the New...

Microvast Holdings, Inc. ("Microvast" or the "Company"), a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, is in the homestretch of renovations and hiring for its newest manufacturing plant located in...

Insulet Corporation (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced its new organizational structure designed to accelerate innovation and commercialization. The...

NCR Corporation , a leading enterprise technology provider to banks, retailers and restaurants, announced as part of its first quarter 2023 financial results today that significant progress continues to be made against its previously-announced plan...

Nuvation Bio Inc. , a biopharmaceutical company tackling some of the greatest unmet needs in oncology by developing differentiated and novel therapeutic candidates, today reported its financial results for the first quarter ended March 31, 2023, and...

FINRA today published the 2023 Industry Snapshot, the annual statistical report on registered representatives, brokerage firms, and market activity that FINRA oversees. This year's edition adds new data about options trading activity, and certain...

McCarthy Holdings, Inc., one of the nation's largest 100 percent employee-owned construction companies and the nation's safest commercial builders, is preparing to complete the transition from standard hard hats to helmets for all trade partners on...

Viken Detection, pioneer of x-ray imaging and vehicle screening portals, today announced three further victories in its litigation with Rapiscan|AS&E. All patent claims asserted in Rapiscan|AS&E's 2020 patent infringement complaint have been found...

Kenvue Inc. ("Kenvue"), the world's largest pure-play consumer health company by revenue, will begin trading today on the New York Stock Exchange under the ticker symbol "KVUE" in connection with its initial public offering ("IPO"). Chief Executive...

Nodal Exchange today announced new records in power and environmental futures. In power, Nodal set a calendar month record for April with traded power futures volume of 306 million MWh, up 25% from 244 million MWh in April 2022. Nodal continues to be...

Mogo Inc. ("Mogo" or the "Company"), one of Canada's leading financial technology companies, today announced that it received a notice (the "Extension Notice") from the Nasdaq Stock Market LLC ("Nasdaq") granting the Company's request for a 180-day...

TeraWulf Inc. ("TeraWulf" or the "Company"), owners and operators of vertically integrated, domestic bitcoin mining facilities powered by more than 91% zero-carbon energy, today provided an unaudited monthly production and operations update for...

Fairway Capital Management ("Fairway"), an asset management firm specializing in private equity and venture capital investments, is pleased to announce that the Fairway Private Equity & Venture Capital Opportunities Fund ("the Fund") has been...

XTM Inc. ("XTM" or the "Corporation") (QB: XTMIF / CSE: PAID / FSE: 7XT) announced today that a management cease trade order ("MCTO") has been granted by the Ontario Securities Commission (the "OSC") related to it not meeting its filing deadline for...

Cantaloupe, Inc. , a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, is excited to announce a partnership expansion that extends its footprint in Europe. In collaboration with...

CIM Real Assets & Credit Fund (CIM RACR) today reached a three-year performance milestone. CIM RACR is a closed-end interval fund that invests in real assets and corporate credit. The fund, which announced a 16.7% dividend increase on March 22, 2023,...

Enquire, Glennis Solutions, and Sherpa CRM, senior living software providers, today announced that they have renamed the combined company as Aline, officially unifying the merger announced in October 2022 under a single brand. The announcement...

North American Helium Inc. ("NAH" or the "Company") today announced a number of updates to the continuing growth of its business. These updates highlight NAH's ongoing operational execution and financial performance as it builds out and develops its...

Bicycle Therapeutics plc , a biotechnology company pioneering a new and differentiated class of therapeutics based on its proprietary bicyclic peptide (Bicycle®) technology, today reported financial results for the first quarter ended March 31, 2023...

Karuna Therapeutics, Inc. , a clinical-stage biopharmaceutical company driven to create and deliver transformative medicines for people living with psychiatric and neurological conditions, today announced financial results for the first quarter of...

Paceline Equity Partners, LLC ("Paceline"), a Dallas-based private equity manager, today announced that it has become a signatory of the UN-supported Principles for Responsible Investment ("UNPRI"), the leading global network for investors which are...

Western Alliance Bancorporation ("Western Alliance" or the "Bank") , the holding company for Western Alliance Bank, today issued the following update reaffirming its financial strength as well as its deposit growth guidance in response to recent...

HSBC Bank USA, N.A., and its affiliates announced today that they have raised their prime and reference rate to 8.25% from 8.00%, effective tomorrow. About HSBC HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act...

Citizens Financial Group, Inc. announced today that Citizens Bank, N.A. has raised its prime lending rate to 8.25 percent from 8.00 percent, effective Thursday, May 4, 2023. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is...

Wells Fargo Bank, N.A., said today it is increasing its prime rate to 8.25 percent from 8.00 percent, effective tomorrow, May 4, 2023. About Wells Fargo Wells Fargo & Company is a leading financial services company that has approximately $1.9...

Regions Bank today announced it is increasing the Regions prime lending rate to 8.25% from 8.00%, effective Thursday, May 4, 2023. About Regions Financial Corporation Regions Financial Corporation , with $154 billion in assets, is a member of the...

MetLife, Inc. today announced that Executive Vice President and Chief Financial Officer John McCallion has provided a first quarter 2023 financial update video. The video can be viewed on the company's website at...

Citibank, N.A. said today it has raised its base lending rate to 8.25% from 8.00%, effective tomorrow, Thursday, May 4, 2023. About Citi Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth...

LICT Corporation (the "Corporation"; OTC Pink®: LICT) is announcing that at its April 27, 2023 Board of Directors (the "Board") Meeting, evaluations of all alternatives for a CEO (as previously announced) and to provide capital were discussed, in its...

Fifth Third Bank, National Association, today announced it will increase its prime lending rate to 8.25%, effective immediately. The rate was last changed on March 22, 2023, when Fifth Third increased its prime lending rate from 7.75% to 8.00%...

Blue Yonder Holding, Inc. (Blue Yonder), a leading digital supply chain and omni-channel commerce fulfillment provider, today released its Q1 2023 company highlights and company vision shared at its annual customer conference, ICON 2023. Quarterly...

The shareholders of Mercedes-Benz Group AG (ticker symbol: MBG) approved all of the items on the agenda of the Annual General Meeting. Bernd Pischetsrieder will, following the expiration of his current mandate as Chaiman of the Supervisory Board of...

Medalist Diversified REIT, Inc. (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the United...

i3forum, a leading industry association focused on driving global collaboration and innovation within the international communications sector, is proud to announce the appointment of its newly elected Board. Joining the i3forum Board are Katia...

Announced a month ago, the new electric hypercar manufacturer Laffite Automobili will create a revolution this Wednesday, May 3, 2023 by unveiling its first models in a historic and resounding event at the Miami Grand Prix. At the very heart of the...

Qbtech, the global leader in objective ADHD testing, today announces the opening of its new U.S. headquarters in Houston, Texas. Founded in Stockholm, Sweden, and with operations across the UK and Europe, the company has rapidly increased its market...

Carvana Co. ("Carvana" or the "Company"), the leading e-commerce platform for buying and selling used cars, today announced that it has extended the expiration date for each of its previously announced offers to exchange (each an "Exchange Offer"...

Beacon announced today that it has opened a greenfield location in Gulfport, Mississippi. The Gulfport location services Gulfport, Biloxi and surrounding metropolitan area customers. "We are pleased to expand Beacon's footprint in this growing...

Veracyte, Inc. today announced that it released its inaugural Environmental, Social and Governance (ESG) Report. The 2023 ESG Report sets the foundation for Veracyte's ESG performance and outlines the company's ambitions to build upon its progress...

ThetaRay, a leading provider of AI-powered transaction monitoring technology for banks and fintech, today announced 260% revenue growth in 2022, and the appointment of Eran Fishov as VP of Customer Success, Enterprise, to accelerate market momentum....

Syros Pharmaceuticals , a biopharmaceutical company committed to advancing new standards of care for the frontline treatment of hematologic malignancies, today announced that it will host a live conference call and webcast at 8:30 a.m. ET on...

FinancialForce, the platform for services businesses, today announced that it has changed its name to Certinia to align with the company's evolution and delivery of a comprehensive Services-as-a-Business (SaaB) platform. "FinancialForce was the...

Nickel 28 Capital Corp. ("Nickel 28" or the "Company") is pleased to provide operational results for the quarter ending March 31, 2023 for the Company's largest asset, the Ramu Nickel-Cobalt integrated operation in Papua New Guinea ("Ramu"), as...

ImmunoGen Inc. , a leader in the expanding field of antibody-drug conjugates (ADCs) for the treatment of cancer, today announced positive top-line data from the Phase 3 confirmatory MIRASOL trial (GOG 3045/ENGOT OV-55) evaluating the safety and...

Canoe Intelligence ("Canoe"), the financial technology company powering alternative investment intelligence, today announces the opening of its London office as part of its EMEA expansion strategy. Located on Embankment, this physical location...

At the Mercedes-Benz Group AG (ticker symbol: MBG) Annual Meeting for the financial year 2022 the company outlines its strategic progress while delivering strong financial results and shareholder returns. "The Mercedes-Benz Group successfully...

Ingevity Corporation announced today that operations at the company's North Charleston, South Carolina, plant will continue as normal with the announced closure of WestRock Company's North Charleston, South Carolina, paper mill. The two companies...

J.P. Morgan today completed its previously announced acquisition of Aumni, a leading provider of investment analytics software to the venture capital industry. The acquisition of Aumni solidifies J.P. Morgan's commitment to building the leading...

WestRock Company today announced it will permanently cease operating its paper mill in North Charleston, South Carolina, on August 31, 2023. "WestRock and its predecessor companies have had a long history in the region operating the North...