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As of Sep 23, 6:50 PM ET ·
XEL News7 articles
Nasdaq-100 Dividend Yields: Only Kraft Heinz Tops Long Bond
A 3% dividend screen narrows the Nasdaq-100 to eight stocks, but only Kraft Heinz beats the 30-year Treasury yield. Comcast and utilities trail as risks mount.
Analysis
Midwest Power Prices Hit $500/MWh as Grid Constraints Reshape Utility Investment
Wholesale electricity prices in Nebraska-Iowa surged past $500/MWh on Tuesday, five times higher than in Kansas and Oklahoma, driven by power line congestion rather than regional shortages.
Markets
BioXcel Surges 8% as 143M Shares Trade Ahead of Nasdaq Delisting
BioXcel shares jumped 8% with 143M shares traded ahead of Nasdaq delisting. The surge reflects distressed asset trading as Teva's $57.5M bid moves forward.
Markets
BioXcel Plunges 75% as Teva Stalking-Horse Bid and Chapter 11 Filing Shake Investors
BioXcel shares collapsed 74.8% after bankruptcy filing; Teva offers $57.5M for assets, but equity holders face near-total loss.
Markets
BioXcel Therapeutics Files Chapter 11; Shares Plunge 62%
BioXcel Therapeutics (BTAI) filed for Chapter 11 bankruptcy, sending shares down 62.4% to $0.27. The company's liabilities ($100M-$500M) far exceed its assets ($10M-$50M), leaving common equity subordinate.
Markets
Axcelis Technologies Plunges 18%, Loses Over $1 Billion in Market Value
Axcelis Technologies (ACLS) dropped 18.4%, losing over $1 billion in market value, as the Philadelphia semiconductor index fell 6.7%.
Markets
Xcel Brands Surges on Coco Rocha-Baggallini Deal; Thin Float Fuels Volatility
Xcel Brands shares surged 10.5% to $2.10 on record volume after announcing an exclusive Baggallini-Coco Rocha handbag deal. The stock's tiny float of under 4 million shares amplified the move, despite ongoing financial challenges.
Markets