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Why Uber-Backed Aurora Innovation Stock Sank Today
The Motley Fool· 2025-05-14 21:29
Shares of Aurora Innovation (AUR -6.49%) tumbled 6.3% on Wednesday. The autonomous vehicle technology company's stock had been down as much as 17% earlier in the day.The self-driving technology developer is seeing its stock pressured after Uber announced it plans to issue exchangeable notes that could be converted into Aurora shares, sparking fears of dilution.Uber announces $1 billion exchangeable note offeringUber -- Aurora's largest shareholder -- yesterday announced its intention to offer $1 billion in ...
Mustang Energy Corp. Acquires Nucleus Uranium Ltd.
GlobeNewswire· 2025-05-14 21:29
VANCOUVER, British Columbia, May 14, 2025 (GLOBE NEWSWIRE) -- Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce that it has completed the acquisition of Nucleus Uranium Ltd. (“Nucleus”), an arm’s length British Columbia-based uranium company, pursuant to a share exchange agreement dated May 5, 2025 (the “Agreement”) among the Company, Nucleus, and Golden Mile Resources Corp. (the “Shareholder”), the former sole shareholder of Nucleus. Nucleus, now a whol ...
EQT completes sale of common stock of Kodiak Gas Services
Prnewswire· 2025-05-14 21:27
The sale resulted in gross proceeds of c. USD126 millionNEW YORK, May 14, 2025 /PRNewswire/ --An affiliate of the funds known as EQT Infrastructure III and EQT Infrastructure IV ("EQT") is pleased to announce the completion of the sale (the "Sale") of c. 3.2 million shares of common stock of Kodiak Gas Services, Inc. (NYSE: KGS) (the "Company") for gross proceeds of c. USD116 million. The Sale was made on May 12, 2025, pursuant to Rule 144 of the Securities Act of 1933, as amended. J.P. Morgan Securities L ...
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women's team
CNBC· 2025-05-14 21:26
Alexis Ohanian, Principal Owner, Angel City Football Club & Los Angeles Golf Club, looks on during a conversation with Olympic sprinter Gabby Thomas during the Business of Women Sport Summit presented by Deep Blue Sports and Axios at Chelsea Factory on April 23, 2024 in New York City.Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women's sports.The founder of venture capital firm Seven Seven Six and husb ...
Natural Alternatives International, Inc. Announces 2025 Q3 and YTD Results
GlobeNewswire· 2025-05-14 21:24
CARLSBAD, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- Natural Alternatives International, Inc. ("NAI") (Nasdaq: NAII), a leading formulator, manufacturer, and marketer of customized nutritional supplements, today announced a net loss of $2.2 million, or $0.37 per diluted share, on net sales of $28.8 million for the third quarter of fiscal year 2025 compared to a net loss of $1.6 million, or $0.27 per diluted share, in the third quarter of the prior fiscal year. Net sales during the three months ended March 31, ...
More Than 50,000 Young Golfers Join BofA's 'Golf with Us' - Next 25,000 Spots Now Open
Prnewswire· 2025-05-14 21:23
In response to extraordinary demand, bank commits to expanding program to reach even more kids nationwideCHARLOTTE, N.C. and MONTEREY, Calif., May 14, 2025 /PRNewswire/ -- Bank of America has surpassed its goal of enrolling more than 50,000 young golfers in Golf with Us, and has opened the program to an additional 25,000 participants who can enroll online now at BofA.com/GolfWithUs. Bank of America Golf With Us logos Launched during the 2025 Masters Tournament last month, Golf with Us offers youth ages ...
Harley-Davidson Shareholders Elect All of the Company's Director Nominees at Annual Meeting
Prnewswire· 2025-05-14 21:20
MILWAUKEE, May 14, 2025 /PRNewswire/ -- Harley-Davidson, Inc. (the "Company" or "Harley-Davidson") (NYSE: HOG) today announced that the preliminary results of its 2025 Annual Meeting of Shareholders (the "Annual Meeting") indicate that Harley-Davidson shareholders have elected all of Harley-Davidson's Director nominees. Based on preliminary results, the elected Directors are: Jochen Zeitz, Chairman, President and CEO Norman Thomas Linebarger, Presiding Director Troy Alstead, Director James Duncan Farley, Jr ...
Texas Ventures Acquisition III Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing May 16, 2025
GlobeNewswire· 2025-05-14 21:20
New York, NY, May 14, 2025 (GLOBE NEWSWIRE) -- Texas Ventures Acquisition III Corp (Nasdaq: TVACU) (the “Company”) announced today that, commencing May 16, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on th ...
Why Parsons Stock Was a Winner on Wednesday
The Motley Fool· 2025-05-14 21:17
Investors were playing offense with defense stock Parsons (PSN 2.40%) on Hump Day. They were drawn to the company because of a lucrative deal it's signed in the Middle East, and ultimately pushed its stock more than 2% higher in value that day. This was more than sufficient to trounce the S&P 500's (^GSPC 0.10%) 0.1% bump up. New work in the Middle EastOn the heels of President Trump's visit to the region, the White House announced that Parsons won no less than 30 projects in the small but wealthy Gulf nati ...
Tungray Technologies Inc Reports 2024 Full Year Financial Results
Prnewswire· 2025-05-14 21:15
SINGAPORE, May 14, 2025 /PRNewswire/ -- Tungray Technologies Inc ("Tungray" or the "Company"), a global Engineer-to-Order (ETO) company, today reported its  financial results for the twelve months ended December 31, 2024.Full Year 2024 Financial Highlights Total revenues for the year ended December 31, 2024 decreased by 10.8% to $12.8 million, compared to $14.4 million for 2023. Gross margin for the year ended December 31, 2024 was 43.7%, compared to 46.7% for 2023. Operating loss for the year ended Decembe ...