Articles by Daniel Marsh
Altria Slips for Fifth Day as Nicotine Pouch Competition Intensifies
Altria shares fell 1.3% to $68.12, extending a five-session losing streak despite a Q1 earnings beat. Rising competition in the nicotine pouch market and declining cigarette volumes weigh on the stock ahead of its May 14 annual meeting.
Lockheed Martin Secures $407M Aegis Upgrade for Guam Amid Pacific Defense Surge
Lockheed Martin secures a $407.2M Pentagon contract modification to advance Aegis missile defense for Guam, bringing total project value to about $1.94B. Work runs through December 2029.
Ryan Cohen Intensifies $55.5 Billion eBay Bid, Threatens Shareholder Appeal
GameStop CEO Ryan Cohen is pushing forward with a $55.5 billion bid for eBay, threatening a direct appeal to shareholders if the board resists. eBay shares trade below the offer price.
Coca-Cola Chairman Quincey Files to Sell $15.7M in Stock After 15% Rally
Coca-Cola Chairman James Quincey filed to sell 200,000 shares valued at $15.7 million, following a 15% stock gain this year. The company recently raised its earnings outlook.
Realty Income Launches $150M Share Sale Plan to Fund Growth
Realty Income Corp has initiated a new stock-sale program for up to 150 million shares, replacing a prior plan. The move supports its raised 2026 investment target and broader funding strategy.
Old National Bank and Indiana Fever Launch Co-Branded Cards for WNBA Season
Old National Bank and the Indiana Fever launched co-branded debit and credit cards and checks as the WNBA season began, expanding their partnership with small-business promotions.
Linde's €1.6B Bond Issue Highlights Strong Project Backlog
Linde raised €1.6B in euro bonds after a Q1 profit beat and raised 2026 outlook. The move supports its $7.1B project backlog and shareholder returns.
Intuitive Machines Surges 20% Ahead of Lunar Mission and Earnings
Intuitive Machines shares surged 20.2% to $28.97, reversing a prior drop, ahead of its Q1 earnings report and a key lunar mission test.
Moderna Stock Jumps 12% on Hantavirus Vaccine Deal; Flu and Cancer Pipeline in Focus
Moderna shares rose 11.9% to $54.35 after the company disclosed early-stage hantavirus vaccine research with the U.S. Army and Korea University, following a deadly outbreak on the MV Hondius cruise ship.
Delta Debuts High-Capacity A321neo with 44 First Class Seats as Interim Solution
Delta Air Lines will deploy seven Airbus A321neos with 44 domestic first-class seats starting May 20 on Atlanta-Los Angeles flights, a temporary fix for flatbed suite delays.
Grassroots Effort to Rescue Spirit Airlines Faces Liquidation Reality
A social media campaign to buy Spirit Airlines has raised $132 million in non-binding pledges, but bankruptcy liquidation is already underway, with assets being sold off.