Channel Therapeutics Announces Reverse Common Stock Split in Conjunction with the Close of the Merger with Pelthos Therapeutics and Concurrent $50.1 Million Private Placement
Globenewswire· 2025-06-27 13:15
FREEHOLD, N.J., June 27, 2025 (GLOBE NEWSWIRE) -- Channel Therapeutics Corporation, (“Channel” or the “Company”), (NYSE American: CHRO), an emerging leader in the development of non-opioid pain treatment therapeutics, today announced a 10-for-one reverse split (the “Reverse Stock Split”) of the Company’s common stock (the “Common Stock”). The Reverse Stock Split is intended to increase the market price per share of the Company’s Common Stock and help the Company satisfy the initial listing requirements of t ...
VinFast knows: For Americans, cars are family members, often even given names
Prnewswire· 2025-06-27 13:11
IRVINE, Calif., June 27, 2025 /PRNewswire/ -- Americans are increasingly seeing their cars as integral parts of the family - giving them names, sharing daily moments, and prioritizing their care, especially after they prove their worth in a crucial situation. This growing trend was a key insight for VinFast as they prepared to introduce their vehicles to the U.S. market. Their vision was clear: to design a car that genuinely feels like a cherished family member."The Bug Slayer", "Earth Mover", "Baby Sweet L ...
Nike Takes Billion Dollar Tariff Hit But Predicts Hard Yards Behind It
Forbes· 2025-06-27 13:10
Despite tariffs, Nike believes the worst is behind it.gettyNike put a billion-dollar price tag on tariff costs Thursday, while it proclaimed that the worst should be behind the company as sales and profit declines moderate ahead.The Portland-based footwear giant took its largest financial hit yet from its extensive turnaround plan during its fiscal fourth quarter as finance chief Matt Friend conceded to analysts on an earnings call that the tariff duties represented a “new and meaningful” cost to the busine ...
Concentrix Posts Downbeat Earnings, Joins CorMedix And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Benzinga· 2025-06-27 13:09
U.S. stock futures were higher this morning, with the Dow futures gaining over 100 points on Friday.Shares of Concentrix Corporation CNXC fell sharply in today's pre-market trading after the company posted mixed second-quarter results.Concentrix reported quarterly earnings of $2.70 per share, which missed the analyst consensus estimate of $2.75. Quarterly revenue came in at $2.42 billion, which beat the Street estimate of $2.38 billionConcentrix shares dipped 8% to $50.70 in the pre-market trading session.H ...
North Bay Resources Announces Physical Gold + Shares Unit Financing
Globenewswire· 2025-06-27 13:08
BISHOP, Calif., June 27, 2025 (GLOBE NEWSWIRE) -- North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce a private placement offering to residents of the United States (and globally as Canadian and non – United States Accredited Investors) who qualify as verified accredited investors pursuant to Rule 506(c) and Regulation D under the United States Securities Act of 1933. All US subscribers must complete and return the accreditation form and sufficient supporting informat ...
Goldstorm Metals Announces Closing of Upsized Non-Brokered Private Placement Financing for Approximately $2.1 Million, with Participation by Eric Sprott
Newsfile· 2025-06-27 13:07
Goldstorm Metals Announces Closing of Upsized Non-Brokered Private Placement Financing for Approximately $2.1 Million, with Participation by Eric SprottJune 27, 2025 9:07 AM EDT | Source: Goldstorm Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") is pleased to announce the closing of the Company's previously announced non-brokered private placement (the "Offering") for gross proceeds of $2, ...
Equinor to Invest NOK 21B in Fram Sor Oil and Gas Project
ZACKS· 2025-06-27 13:06
Key Takeaways Equinor is investing over NOK 21B in the Fram Sor subsea oil and gas project on the NCS. Fram Sor will recover 116M barrels of energy with ultra-low CO2 emissions and full electrification from shore. The project supports 4,500 jobs and NOK 18B in contracts, mostly awarded to Norwegian-based suppliers.Equinor ASA (EQNR) and its partners have announced a major investment of over NOK 21 billion (~$2 billion) in the Fram Sør development, a new subsea oil and gas project in the North Sea. The pla ...
Can CEG's $6.5B Investment Strategy Boost Its Clean Energy Edge?
ZACKS· 2025-06-27 13:06
Key Takeaways Constellation Energy expects capex of $3B in 2025 and $3.5B in 2026 for infrastructure upgrades. CEG will invest $800M to boost nuclear output by 160 MW at Byron and Braidwood by 2029. CEG's EPS estimates for 2025 and 2026 are up 9% and 22%, with shares rising 4.2% in a month.Constellation Energy Corporation (CEG) is leveraging its capital spending to enhance the reliability and efficiency of its existing infrastructure and strengthen its position in the clean energy industry. Capital expend ...
Fortive Or Its Spin-Off Ralliant: Which Stock Is A Better Buy?
Benzinga· 2025-06-27 13:06
On June 25, 2025, Ralliant Corp. RALW, a spin-off of Fortive Corp FTVW FTV commenced when-issued trading on the NYSE. Earlier on September 4, 2024, FTV announced plans to separate its Precision Technologies business into a separate publicly listed company, Ralliant Corp, via a tax-free spin-off transaction. The parent will retain the Intelligent Operating Solutions (IOS) and Advanced Healthcare Solutions (AHS) business segments, boasting a portfolio with 50% recurring revenue. We see the spin-off as a move ...
ExxonMobil Raises Output at Cepu Block, Boosts Indonesia's Oil Output
ZACKS· 2025-06-27 13:06
Key Takeaways XOM raised output at the Cepu Block to 180,000 bpd from previous 150,000 bpd. The added output supports Indonesia's 2024 oil target amid lower-than-expected production year to date. The Cepu Block accounts for 25% of Indonesia's total oil output, reinforcing its strategic importance.Exxon Mobil Corporation (XOM) , the U.S. oil and gas giant, has ramped up production at the Cepu Block in Indonesia, delivering an additional 30,000 barrels of oil per day. The country's energy ministry made an a ...