After-Hours Stock Movers: MicroStrategy (Nasdaq: MSTR) declined 5.5% after it announced plans to offer $600 million aggregate principal amount of convertible senior notes due 2030 in a private offering. MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional bitcoin and for general corporate purposes. GitLab Inc (GTLB) declined...
By Brendan Pierson (Reuters) -President Joe Biden\'s administration on Monday urged a U.S. appeals court to preserve a federal mandate that requires health insurers to cover preventive care services including HIV-preventing medication and cancer screenings at no extra cost to patients. \"These are preventive services provisions that are critical and life-saving to millions of Americans,\"...
By Fergal Smith (Reuters) - Canada\'s main stock index edged lower on Monday, weighed by declines for energy shares, as investors turned cautious ahead of U.S. and Canadian jobs data as well as a Bank of Canada interest rate decision this week. The Toronto Stock Exchange\'s S&P/TSX composite index ended down 21.28 points, or 0.1%,...
LYNCHBURG - BWX Technologies, Inc. (NYSE: NYSE:BWXT) has been awarded a contract by the U.S. Department of Energy (DOE) to manage environmental restoration at the Hanford Site in Washington. The contract, with Hanford Integrated Tank Disposition Contract (ITDC), is valued at up to $45 billion over a 10-year period. The DOE selected the joint venture...
BOSTON - Berkshire Hills (NYSE:BHLB) Bancorp, Inc. (NYSE: BHLB) has entered into agreements to sell 10 branches in upstate and eastern New York to three different financial institutions. This move is part of the company\'s strategy to streamline operations and focus on core markets within New York. The transactions, which are expected to be completed...
PALO ALTO, Calif. - Intapp, Inc. (NASDAQ:INTA), a provider of AI-powered software for various professional sectors, has announced that entities affiliated with Great Hill Equity Partners IV, L.P. will offer 7,000,000 shares of the company\'s common stock in an underwritten public offering. The proceeds from the sale will go entirely to the selling stockholder, with...
LONDON - LivaNova PLC (NASDAQ:LIVN), a leading medical technology company, announced its plans to offer $300 million of convertible senior notes due in 2029 to qualified institutional buyers, subject to market conditions. The private offering also includes an option for initial purchasers to buy up to an additional $45 million in notes within a 13-day...
By Valerie Volcovici WASHINGTON (Reuters) - A new satellite backed by Alphabet (NASDAQ:GOOGL) Inc\'s Google and the Environmental Defense Fund group will launch from California on Monday with a mission to pinpoint oil and gas industry methane emissions from space. The MethaneSAT sattelite will add to a growing fleet of spacecraft in orbit that are...
By Ross Kerber (Reuters) - Institutional Shareholder Services (ISS), the influential proxy adviser majority owned by Deutsche Boerse (ETR:DB1Gn) that recommends how shareholders should vote in corporate elections, will offer a new \"ESG skeptic\" option, according to executives. The new offering is \"in keeping with our longstanding mission to provide a wide array of voting...
OSWEGO, N.Y. - Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank, has entered into an agreement to purchase a branch from Berkshire Bank situated in East Syracuse, New York. The deal includes approximately $198 million in deposits and certain loans totaling around $32 million. The acquisition, which is pending regulatory approval and...