Nauticus Robotics and Open Ocean Robotics Forge Strategic Collaboration to Transform Subsea Asset Management
Prnewswire· 2025-06-05 20:48
HOUSTON, June 5, 2025 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in autonomous subsea robotics and software solutions, today announced a strategic collaboration with Open Ocean Robotics, a pioneer in uncrewed surface vehicles (USVs) that enable safe, cost-effective, and environmentally sustainable ocean monitoring. Together, the companies aim to deliver cutting-edge technologies that will redefine how the energy sector approaches subsea asset management.The collaboration bri ...
Toll Brothers, Inc. Prices $500,000,000 of Senior Notes
GlobeNewswire· 2025-06-05 20:40
FORT WASHINGTON, Pa., June 05, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (the “Company” or “we”) (NYSE:TOL) (TollBrothers.com), announced today that it has priced an underwritten public offering (the "Offering") of $500,000,000 of 5.600% Senior Notes due 2035 (the "Notes") issued by Toll Brothers Finance Corp., a wholly-owned subsidiary of the Company. Settlement of the Notes is anticipated to occur on June 10, 2025, subject to satisfaction of customary closing conditions. The Notes have a coupon of 5.60 ...
IDT Corporation Reports Third Quarter 2025 Results
GlobeNewswire· 2025-06-05 20:40
Gross Profit +15% Year-over-Year to $112 MM; Record Gross Profit Margin of 37.1%Income from Operations +133% to $27 MM; Adjusted EBITDA +57% to $32 MMGAAP EPS Increased to $0.86 from $0.22; Non-GAAP EPS Increased to $0.90 from $0.38 NEWARK, NJ, June 05, 2025 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, today reported results for its third quarter fiscal year 2025, the three months ended April 30, 2025. THIRD QU ...
Northrop Grumman Vs. Lockheed Martin: Which Defense Prime Is The Better Buy?
Seeking Alpha· 2025-06-05 20:38
No matter your views on the current administration, it seems like everywhere you look, conflict (or the threat of it) is rearing its ugly head.At PropNotes, we focus on finding high-yield investment opportunities for individual investors.With our background in professional Prop Trading, we make complex concepts easy to understand and offer clear, actionable insights to help you achieve better returns.All of the analysis we produce is designed to help you make smart decisions in the market, backed by expert ...
NB Bancorp, Inc. and Provident Bancorp, Inc. Enter Into Definitive Merger Agreement
Prnewswire· 2025-06-05 20:38
Key Highlights: Merger expands Needham Bank's branch footprint into the North Shore of Massachusetts and New Hampshire The merger is expected to be approximately 19% accretive to NB Bancorp, Inc.'s earnings per share in 2026, the first full year of combined operations, assuming full phase-in of cost savings Needham Bank will remain well capitalized with high levels of liquidity after the merger NEEDHAM, Mass. and AMESBURY, Mass., June 5, 2025 /PRNewswire/ -- NB Bancorp, Inc. ("Needham") (Nasdaq: NBBK), the ...
Life360 Announces Closing of Upsized $320 Million Offering of 0.00% Convertible Senior Notes
GlobeNewswire· 2025-06-05 20:38
SAN FRANCISCO, June 05, 2025 (GLOBE NEWSWIRE) -- Life360, Inc. (NASDAQ: LIF, ASX: 360) (“Life360”), today announced the closing of its previously announced private offering of 0.00% convertible senior notes due 2030 (the “Notes”). The notes were sold in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The offering represents the aggregate of both the previously announced ...
Samsara Stock Slips Despite Better-Than-Expected Q1 Report
Benzinga· 2025-06-05 20:36
Samsara, Inc. IOT released its first-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter. The Details: Samsara reported quarterly adjusted earnings of 11 cents per share, beating the consensus estimate of six cents. Quarterly revenue came in at $366.9 million, beating the Street estimate of $351.42 million. Read Next: Trump Announces China Trade Talks, Tesla Stock Slumps: What’s Driving Markets Thursday?“We delivered a strong first quarter of the new fiscal year ...
Lululemon shares tumble 20% as it cuts full-year guidance, citing 'dynamic macroenvironment'
CNBC· 2025-06-05 20:32
Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."As the company navigates tariffs and fears about a slowing U.S. economy, CEO Calvin McDonald said in a news release that "we intend to leverage our strong financial position and competitive advantages to play offense, while we continue to invest in the growth opportunities in front of us."Shares of the apparel company plunged about 20% in extended t ...
Vireo Growth Inc. Announces Closing of Proper Brands Acquisition in Missouri
GlobeNewswire· 2025-06-05 20:30
MINNEAPOLIS , June 05, 2025 (GLOBE NEWSWIRE) -- Vireo Growth Inc. (“Vireo” or the “Company”) (CSE: VREO; OTCQX: VREOF), today announced that it has closed its previously-announced transaction to acquire Missouri-based Proper Brands (“Proper”) through the acquisition of NGH Investments, Inc. and Proper Holdings Management, Inc., subsidiaries of Proper Holdings, LLC, a management company providing services to Proper’s portfolio of 11 retail dispensaries in Missouri. Proper was founded in 2022 and is currently ...
Trevi Therapeutics Announces Closing of $115 Million Underwritten Offering and Full Exercise by Underwriters of Option to Purchase Additional Shares
Prnewswire· 2025-06-05 20:30
NEW HAVEN, Conn., June 5, 2025 /PRNewswire/ -- Trevi Therapeutics, Inc. (Nasdaq: TRVI), a clinical-stage biopharmaceutical company developing the investigational therapy Haduvio™ (oral nalbuphine ER) for the treatment of chronic cough in patients with idiopathic pulmonary fibrosis (IPF) and in patients with refractory chronic cough (RCC), today announced the closing of its previously announced underwritten public offering of 20,010,000 shares of its common stock at a public offering price of $5.75 per share ...