NMFC
NMFC
NASDAQ · Financial Services

New Mountain Finance Corp

$7.16
-0.15 (-2.05%)
NMFC News30 articles
Grab, GoTo Cut Indonesia Bike-Hailing Commissions to 8% After New Cap
Grab and GoTo slash Indonesia motorcycle ride-hailing commissions to 8% from 20% starting July 1, following a new government cap. Grab shares edged lower in pre-market trading.
Regulation
Wendy's New CFO Takes Helm Amidst High Dividend Yield and Short Seller Scrutiny
Wendy's stock closed up 1.38% at $6.255, with a nearly 9% dividend yield and short interest at 29.67% of float, as new CFO Steve Cirulis focuses on financial discipline amid weak U.S. traffic.
Analysis
BTQ Technologies Shares Jump 31% on Quantum Security Push and New Adviser
BTQ Technologies surged over 30% to $5.80 on Nasdaq after naming Brandt Pasco as U.S. strategic adviser, following White House orders to accelerate quantum computing and post-quantum cryptography adoption.
Technology
Aditxt Surges on New 10% Stake Filing Amid Financial Woes
Aditxt shares soared after a new investor disclosed a 10.9% stake, but the company faces going-concern risks and a Nasdaq delisting appeal.
Markets
Primoris Shares Tumble 35% on Renewables Losses and COO Departure
Primoris shares plummeted 35% premarket after slashing 2026 guidance due to renewed cost overruns in its renewables business and the COO's departure.
Earnings
Catheter Precision Surges 34.5% Premarket on Patent News and Resale Filing
Catheter Precision (VTAK) surged 34.5% premarket following a flurry of announcements including new patents, a sports partnership, and a resale share filing for 68.1 million shares.
Markets
AT&T Faces New Week at $22 After Regulatory Hurdles and Competitive Pressure
AT&T closed the holiday-shortened week at $22.01, near its 52-week low, as California regulators challenge its copper-wire exit plan.
Markets
Mars Drops Blue and Brown Dyes in New M&M's Launch
Mars is set to release M&M's without certified synthetic colors in August, initially offering only four colors due to difficulties replicating blue and brown with natural dyes.
Regulation
Transocean Shares Slide Despite $185M in New Contracts
Transocean shares dropped 12% to $5.31 in a holiday-shortened week, failing to gain traction from $185 million in new contracts amid oil price swings and merger risks.
Markets
Starbucks accelerates India expansion, targets 50-100 new stores annually under Niccol
Starbucks is ramping up India expansion with plans for 50-100 new stores annually, as CEO Brian Niccol pivots from turnaround to global growth. The JV holds 30% market share but remains unprofitable.
Analysis
T&T Supermarket Enters California Market, Plans Major Newark Store
T&T Supermarket opened its first California store in San Jose and announced plans for a larger location at Newark's NewPark Mall, expanding its Bay Area presence.
Markets
Take-Two Surges on GTA VI Preorder News, Rallying Nearly 13% in Holiday Week
Take-Two shares surged 4.93% to $239.28 after Rockstar announced June 25 preorders for Grand Theft Auto VI, fueling a nearly 13% weekly gain as the market focuses on pricing and GTA Online updates.
Markets
CervoMed Shares Surge on Patent News, Then Retreat After $10M Stock Offering
CervoMed shares surged to $7.75 after a U.S. patent allowance for neflamapimod in pure DLB, but gave back most gains after announcing a $10 million stock offering at $4 per share. The stock last traded at $4.14, up 8.7%.
Markets
NYSEG Completes New York Transmission Line Early, Saving $2M for Ratepayers
Avangrid's NYSEG finished a 12.8-mile transmission upgrade in western New York three months early and $2 million under budget, providing a cost-control win as regulators review rates.
Regulation
The Agency Expands in Central America with New Belize Office in Placencia
The Agency has opened its first Belize office in Placencia, expanding its Central America network. The move aims to capture rising foreign buyer interest, though past fraud cases remain a warning for investors.
Markets
Citi Bullish Call on AI Capex Drives ASML Shares to New Highs
ASML shares jumped 4.1% in Amsterdam after Citi boosted its bull-case estimates for wafer-fab equipment spending tied to AI build-outs. Risks remain from China export controls.
Technology
Smartbird Surges 50% on AI Pivot, New CEO, and Financing Boost
Smartbird (BIRD) shares surged 50% after completing its footwear exit, appointing ex-AWS executive Nadia Carlsten as CEO, and doubling its convertible financing to $100 million for AI infrastructure.
Technology
Wall Street Mixed as Market Awaits Fed Decision Under New Chair Warsh
U.S. stocks closed mixed Wednesday as the market awaited the Federal Reserve's rate decision under new Chair Kevin Warsh. Chip stocks rebounded, but stronger-than-expected retail sales raised inflation concerns.
Markets
Amazon Leo, AST SpaceMobile, and China Launches: June 2026 Space and Satellite News
Arianespace's Ariane 6 launched 36 Amazon Leo satellites, AST SpaceMobile deployed three direct-to-phone satellites, and China launched Shijian-31, highlighting the competitive satellite broadband landscape.
Technology
NewGenIVF Stock Jumps on Settlement to Buy Back Convertible Notes
NewGenIVF shares rose 20% after the company agreed to a $7.38 million settlement to buy back convertible notes and warrants, aiming to reduce dilution risk.
Markets
AST SpaceMobile Shares Dip After SpaceX Deploys Three New BlueBird Satellites
AST SpaceMobile shares dropped about 6% to $82.25 in premarket trading after SpaceX confirmed deployment of three new BlueBird satellites, a key step following April's loss of BlueBird 7.
Technology
Trader Joe's Drops New $2.99 Mini Tote, Igniting Resale and Counterfeit Fears
Trader Joe's releases a new $2.99 striped mini tote on June 17, amid resale and counterfeit issues. The retailer is suing alleged fake bag sellers.
Markets
Rogers Corp. Surges on AI Materials Demand; Global Markets React to Regulatory and IPO News
Rogers Corp. shares surged 4% on demand growth and AI materials progress. China's regulator warns against AI stock speculation. BSE shares fall as NSE prepares for a major IPO. C3.ai may be overvalued by 45%.
Markets
Dow Hits New Record as Tech Selloff Weighs on S&P 500 and Nasdaq
Dow Jones Industrial Average reached a second straight record close at 51,999.67, while S&P 500 and Nasdaq declined as tech stocks slumped, led by a 5.7% drop in the Philadelphia semiconductor index.
Markets
New York Begins Distributing $2B in STAR Property Tax Relief to Nearly 3 Million Homeowners
New York has begun distributing over $2 billion in STAR property-tax relief to nearly 3 million homeowners, with most receiving $350-$600 and seniors $700-$1,500.
Economy
Tesla Dips Amidst SpaceX Surge and New FSD Regulatory Pressure
Tesla shares slipped 1.7% to $404.09 as Goldman Sachs raised Q2 delivery estimates to 420,000 vehicles, while U.S. senators urged NHTSA to review FSD safety data.
Technology
Dow Jones Hits New Peak; Tech Dips as Fed Meeting Looms
The Dow Jones Industrial Average hit a new record high, while the S&P 500 and Nasdaq slipped as technology stocks lost steam ahead of the Federal Reserve's pivotal policy decision.
Markets
Dow Hits New Peak as Oil Slide Eases Inflation Fears, Fed Meeting Looms
The Dow Jones Industrial Average surged 0.7% to a record 52,031.80 as falling oil prices eased inflation fears, with investors eyeing the Fed's decision and Chair Warsh's press conference.
Markets
SpaceX IPO Fuels 2X Leveraged ETF Surge; SPCH Hits New Highs
SPCH ETF jumped 10.9% premarket to $23.16 after SpaceX's IPO rally, leveraging daily returns. The fund targets experienced investors but carries amplified risks.
IPO
Fiserv Shares Tumble as CEO Lyons Departs, New Leader Steps In
Fiserv shares plunged 10.9% to a 52-week low after CEO Mike Lyons resigned, with Takis Georgakopoulos stepping in. Despite reaffirmed 2026 guidance, investor skepticism remains high.
Markets