By Akash Sriram and Stephen Nellis (Reuters) -Apple escalated its feud with Epic Games on Wednesday, blocking the Fortnite video-game maker from launching its own online marketplace on iPhones and iPads in Europe. The two companies have been in a legal battle since 2020, when the gaming firm alleged that Apple (NASDAQ:AAPL)\'s practice of charging...
By Patrick Wingrove (Reuters) - The Feb. 21 ransomware hack at UnitedHealth Group (NYSE:UNH)\'s Change Healthcare (NASDAQ:CHNG) technology unit, which processes insurance claims and payments for the industry, has disrupted healthcare across the United States. The Change unit processes about 50% of medical claims in the U.S. for around 900,000 physicians, 33,000 pharmacies, 5,500 hospitals...
Trevena Inc . (NASDAQ: NASDAQ:TRVN), a biopharmaceutical company, is confronting the risk of being delisted from the Nasdaq Capital Market after failing to meet the minimum bid price and stockholders\' equity requirements. The company\'s common stock has been closing below the $1.00 minimum bid price for over 30 consecutive business days, which is against Nasdaq\'s...
OAKLAND, Md. - First United Corporation (NASDAQ: FUNC), a financial services provider, announced a cash dividend of $.20 per share, scheduled for payment on May 1, 2024. Shareholders on record as of April 17, 2024, will be eligible for the dividend. As the parent company of First United Bank & Trust, First United Corporation operates...
NEW YORK - American Express Company (NYSE: NYSE:AXP) has announced an increase in its quarterly dividend, a move that aligns with the company\'s previously disclosed financial strategy. The board of directors has approved a $0.10 hike, which translates to a 17% rise in the dividend on common stock. This increase raises the payout to $0.70...
Sarcos Technology (NASDAQ:STRC), a robotics company, announced the appointment of Trevor Thatcher as its new Chief Financial Officer (CFO), effective Monday. The transition comes as Andrew Hamer, the previous CFO, agreed with the CEO, Benjamin Wolff, that it was the right time for a change in the company\'s financial leadership. Hamer\'s employment with Sarcos will...
WALNUT CREEK, Calif. - BayCom Corp (NASDAQ:BCML), the holding company for United Business Bank, has revised the record date for its previously announced quarterly cash dividend of $0.10 per share. Due to regulatory and statutory requirements of the NASDAQ Global Select Market, the new record date is set for March 16, 2024. The payment date...
LOS ANGELES - Kilroy Realty Corporation (NYSE: NYSE:KRC) has successfully amended and extended its senior unsecured revolving credit facility, now allowing for borrowings of up to $1.1 billion through July 31, 2028, before extension options. The real estate investment trust, which specializes in office, life science, and mixed-use projects, announced the three-year extension of the...
CINCINNATI - Investment funds advised by Apax Partners LLP have initiated an underwritten public offering of 8,000,000 shares of Paycor HCM , Inc. (NASDAQ: NASDAQ:PYCR) common stock, as announced today. The shares are being sold by Pride Feeder, LP and AIX Pride Syndication L.P., with 5,651,106 and 2,348,894 shares on offer, respectively. Both selling stockholders...
DUBAI - Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) has unveiled Lytus Cloud, a suite of cloud infrastructure services aimed at the enterprise computing market. The launch represents the company\'s strategic entry into the cloud computing sector, with a focus on high-performance computing (HPC) infrastructure. Lytus Cloud will offer a range of services, including public and...