Latest News
Coty to Pay Ex-CFO $900K+ Annually Through 2027 in Transition Deal
Coty will keep paying former CFO Laurent Mercier €825,000 annually through June 2027, plus a €290,000 bonus, even as he steps back from active duties in November.
Sandisk's Credit Line: A Strategic Hedge, Not a Cash Crunch
Sandisk's new $1.5B revolver is a cost-effective insurance policy, not a sign of distress. The company remains debt-free with ample cash.
Teva Refinances $4.9B, Extends Debt Maturities to 2037
Teva's $4.9B bond sale extends maturities to 2032-2037, reducing near-term refinancing risk but not the $16.6B debt load.
Exelixis FDA Review Extension Pushes Zanzalintinib Decision to 2027
FDA extends Exelixis' zanzalintinib-atezolizumab review to March 2027 after updated data; EXEL shares drop 5%.
Corning's $2B ATM Program: Modest Dilution, Big Flexibility
Corning's new $2 billion ATM program could dilute shares by ~1.4% at current prices, but the company retains flexibility on timing and size.
LaCroix Parent FIZZ: Aluminum Costs Bite Into Q1 Profits
National Beverage's Q1 profit fell 15.7% despite flat sales, as aluminum costs hit gross margin by 600 basis points. The company sees order rebound and new flavor launch.
KULR Sheds Bitcoin Hoard in $58.6M Pivot to Core Battery Focus
KULR Technology Group sold its remaining 764 Bitcoin for $58.6 million, exiting the crypto treasury strategy. The proceeds boost liquidity but the battery business must now prove it can generate profitable growth.
Bitstamp Drives 58% of Robinhood's August Crypto Trading
Robinhood's combined crypto volume hit $17.5B in August, up 61% from July, but still 38% below last year. Bitstamp supplied 58% of the total, highlighting the acquisition's impact.
Micron's Valuation Can Weather a 50% Earnings Drop, But Not 75%
Micron's valuation implies a 7.9x earnings run rate. A 50% earnings reset still leaves a defensible 15.7x multiple, but a 75% decline would stretch it to 31.5x, testing investor patience.
AT&T's $10B Buyback: Cash Returns vs. Debt Burden
AT&T's $10B buyback and 4.3% dividend yield offer a near-10% cash return, but debt reduction remains the key test for the telecom giant.
BitMEX Wind-Down: Final Deadline for Traders to Exit Positions
BitMEX will force-close all remaining positions on Sept 23 at 04:00 UTC. Traders must act now to control execution and avoid fees.
Netflix's 'The Whisper Man' Dominates Weekly Movie Chart with 47.5% Share
Netflix's 'The Whisper Man' captured 47.5% of top-10 English film views in early September, raising questions about content depth. Investors eye upcoming chart trends.