Ascent Solar Technologies, Inc. (NASDAQ: ASTI), a manufacturer of innovative, lightweight, and flexible thin-film photovoltaic solutions, is once again on the brink of being delisted from the Nasdaq Capital Market. The company was notified by Nasdaq on Monday that its stockholders’ equity had fallen below the minimum $2.5 million requirement, as reported in its Form...
In a strategic move, Akari Therapeutics (NASDAQ: NASDAQ:AKTX) has announced today a private placement agreement with select current investors, aiming to raise approximately $1.615 million. The transaction involves the sale of unregistered American Depository Shares (ADSs), with each ADS representing 2,000 of the company\'s ordinary shares. The pricing of these ADSs is set to be...
By Dawn Chmielewski (Reuters) -Walt Disney responded on Monday to billionaire Nelson Peltz and his Trian Fund\'s campaign to win two board seats with an attack on the activist shareholder\'s motivations and qualifications in an increasingly bare-knuckled proxy battle. In a 66-page regulatory filing late Monday, Disney said Peltz and Trian\'s other designated board candidate,...
PITTSBURGH - Alcoa Corporation (NYSE:AA), a global leader in bauxite, alumina, and aluminum products, announced today its plan to acquire Alumina (OTC:AWCMY) Limited (ASX:AWC) through an all-stock transaction. The Scheme Implementation Deed, which has been entered into by both companies, will see Alumina Limited shareholders receive 0.02854 Alcoa shares for each share they hold, implying...
By Harshita Mary Varghese (Reuters) -Oracle said on Monday it is set to make a joint announcement with chip-giant Nvidia (NASDAQ:NVDA), and it beat estimates for quarterly profit, riding on the generative AI demand boom, sending shares up nearly 14% in extended trading. The late-day rally in Oracle (NYSE:ORCL)\'s shares added more than $40 billion...
(Reuters) - Air New Zealand said on Tuesday it plans to pause its Auckland to Chicago non-stop service from March 31 to Oct. 25 this year due to ongoing challenges with the availability of serviceable Rolls-Royce (OTC:RYCEY) Trent 1000 engines. The airline added that it does not expect an impact to its full-year results as...
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq ended down slightly on Monday with investors preparing for this week\'s consumer and producer price data, which they hope will provide a better idea of whether the Federal Reserve can begin cutting interest rates in the coming months. Boeing (NYSE:BA) shares eased 3%. U.S....
-- U.S. stock index futures rose in evening deals on Monday, buoyed chiefly by positive, AI-fueled earnings from cloud giant Oracle, although caution ahead of key inflation data kept gains limited. Oracle Corporation (NYSE:ORCL) helped inspire gains in other technology stocks, especially after a muted session on Wall Street drummed up concerns that a rally...
Explore Wall Street’s expert insights with this ProResearch article, which will exclusively be available to Pro subscribers soon. Dive deeper into the financial world with additional reports now exclusively accessible to Pro subscribers, including in-depth analysis of major players like Pfizer Inc. (NYSE:PFE) (PFE), Shopify (NYSE:SHOP) Inc. (SHOP), Snap Inc (NYSE:SNAP). (SNAP), Accenture plc (NYSE:ACN)...
PURCHASE, N.Y. - Cognition Therapeutics, Inc. (NASDAQ:CGTX), a clinical-stage biopharmaceutical company, has announced the pricing of its underwritten public stock offering. The company has set the price at $1.75 per share for 6,571,428 shares. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 985,714 shares under the same...