Stock Market
Stock Market Trading
In today's dynamic stock market, Monday, March 18, 2024, the market experienced a surge driven by the Internet Services and Social Media industry, specifically led by Alphabet Inc. (GOOGL) and Alphabet Inc.
|
Economy
Personal Income and Spending
Consumer spending rose by the smallest amount in three months during January 2024, government data showed, in a further sign of erosion in spending momentum.
|
Auto Sales
|
International Trade
The U.S. trade gap widened in January 2024, on the decline in exports and growth in imports.
|
|
Product Service News
Published Tue, Mar 19 2024 11:05 AM UTC
Gilat Unveils Cloud and 5G NTN Evolution Strategy for SkyEdge IVIn a recent announcement, Gilat Satellite Networks Ltd revealed its new cloud and 5G NTN evolution strategy for its SkyEdge IV platform. The company aims to adopt a phased approach to ensure continuous advancement in alignment with evolving technology and maturing standards.Under this strategy, Gilat intends to ...
Product Service News
Published Tue, Mar 19 2024 11:00 AM UTC
Fluke Revolutionizes Utility-Scale Solar Testing with PVA-1500 Series I-V Curve TracerEverett, Wash. - Fluke Corp, a global leader in test and measurement instruments and a subsidiary of Fortive Corporation NYSE: FTV, has introduced the PVA-1500 Series I-V curve tracer. This state-of-the-art tool aims to enhance the capabilities of utility-scale solar technicians by providin...
|
Business Update
Published Tue, Mar 19 2024 11:00 AM UTC
In a recent announcement, Scholar Rock, a leading late-stage biopharmaceutical company, shared their financial results and corporate updates for the full year 2023. The company is dedicated to developing innovative treatments for various severe diseases, with a particular focus on spinal muscular atrophy (SMA), cardiometabolic disorders, and conditions where protein growth f...
|
|
Recently Published News |
Hawthorn Bancshares Inc
Hawthorn Bancshares, Inc. has recently announced a quarterly cash dividend of $0.17 per common share, a move that has been welcomed by its shareholders. The decision to declare a cash dividend reflects the company's dedication to providing strong returns for its investors. This announcement comes on the heels of the company's recent financial success, despite reporting a fourth-quarter net loss of $7.4 million. The lower orders the company faced led to dwindling revenue and a greater loss for the most recent fiscal period, with earnings per diluted share dropping to $(1.05). Despite this setback, Hawthorn Bancshares, Inc. remains optimistic about its future prospects and is taking steps to ensure shareholder gain through initiatives such as the quarterly cash dividend. In terms of market and stock performance, Hawthorn Bancshares, Inc. witnessed a decrease of -7.12% in its shares during March 2024, bringing the year-to-date performance to -24.06%. The company's shares are currently trading 29% above its 52-week low, indicating some volatility in the market. However, the company remains focused on driving growth and delivering value to its shareholders in the long term.
|
Management Changes
Published Tue, Mar 19 2024 10:30 AM UTC
Lululemon Athletica Inc (NASDAQ: LULU) has recently announced the appointment of Teri List to its prestigious Board of Directors. Bringing a wealth of business leadership experience and a successful track record as a board member for large international companies, Teri is expected to add significant value to Lululemon as it continues to expand globally. With her in...
|
Contract
Published Tue, Mar 19 2024 10:30 AM UTC
Matrix Service Company Announces Strategic Relationship with Geldof to Provide Total EPC Solutions for Ammonia Storage Across EuropeMatrix Service Company, a leading engineering and construction firm, has recently announced a strategic relationship with Geldof, a prominent provider of storage and handling solutions, to offer comprehensive engineering, procurement, and constr...
|
Contract
Published Tue, Mar 19 2024 10:30 AM UTC
BrightView, the foremost commercial landscaping company in the United States, has recently announced a strategic partnership with Red Wing Shoes, a renowned manufacturer of high-quality footwear. This collaboration aims to equip over 18,000 BrightView team members with safety boots that prioritize addressing the environmental hazards encountered on the job site. By investing...
|
Partnership
Published Tue, Mar 19 2024 10:31 AM UTC
In a groundbreaking collaboration, Centogene N.V. and Takeda have pledged to enhance their strategic partnership to provide crucial genetic testing for patients battling Lysosomal Storage Disorders (LSDs). This partnership expansion is a significant milestone for both companies and has far-reaching implications for the diagnosis and treatment of rare and neurodegenerative di...
|
Business Update
Published Tue, Mar 19 2024 10:30 AM UTC
Metals Acquisition Limited (MAC) has recently reported encouraging drill results from its ongoing exploration and resource development activities at the CSA Copper Mine. The findings, including significant copper grades and thicknesses, provide a positive outlook for the future operations and potential resource expansion at the mine.Resource and Reserve Estimate:MAC has anno...
|
Ambase Corporation
Financial Report: Ambase Corporation Faces Revenue Shortfalls in Q4 2023 March 19, 2024 AmBase Corporation (OTC: ABCP) recently announced a net loss of $5,271,000 or $0.13 per share for the twelve months ended December 31, 2023. This comes as the stockholders did not anticipate any adjustments to the revenue during the earnings cycle of fiscal October to December 2023. Investors are particularly concerned about ABCP's operating deficit, which stood at $-1.291 million during the same period. They are eagerly awaiting the development of new revenue sources in the coming period. While they are less worried about the company's organizational and operational excellence in the Professional Services sector, they understand that businesses often go through rough patches in pursuit of prosperous revenue sources.
|
Frequency Electronics Inc
Investors in Frequency Electronics Inc (FEI) may have been disappointed by the company's recent financial results, which showed a balanced bottom line despite a significant surge in revenue. However, a closer look at the numbers reveals a story of growth, resilience, and potential for future success. The fact that FEI was able to achieve balanced books at $0.00 per share in the most recent fiscal period is a testament to the company's ability to manage costs and navigate challenges in the marketplace. Despite this achievement, the real standout figure is the 29.134% increase in revenue to $13.71 million, showcasing strong demand for FEI's products and services.
|
Product Service News
Published Tue, Mar 19 2024 10:30 AM UTC
Terran Orbitals Delivers Milani Satellite to European Space Agency for Hera MissionBOCA RATON, Fla. - Terran Orbitals, a prominent European nano and microsatellite manufacturer, has successfully handed over the Hera Milani satellite to the European Space Agency (ESA) in a formal ceremony held at Tyvak International's premises in Torino, Italy, on March 14th. This significant...
|
Walkme Ltd
WalkMe Ltd, a leading provider of digital adoption solutions, announced its fourth-quarter and full-year financial results for 2023. Despite reporting a loss of $-0.67 per share for the quarter, compared to a loss of $-1.09 per share a year ago, the company showcased positive growth. Revenue increased by 8.96% to $266.95 million, compared to $245.01 million in the same period last year. In the Software & Programming industry, WalkMe Ltd outperformed its contemporaries, with a revenue growth of 8.96% compared to the industry average of 3.32%. This impressive performance is a testament to the company's successful business strategies.
|
Intchains Group Limited
Intchains Group Limited: Overcoming Adversity and Expanding Horizons Intchains Group Limited, a pioneer in providing integrated solutions for blockchain applications, recently disclosed its financial results for the three-month period ending December 31, 2023. While the figures may seem alarming at first glance, the company's resilience and determination to succeed shine through, as it continues to make significant strides in the blockchain industry. The financial report revealed a substantial decline in revenue, which faded by a staggering -83.139% to $11.58 million compared to the corresponding reporting period a year prior. Furthermore, the net deficit per share has extended to $-0.03, a significant increase from the previous reporting period. However, it is crucial to understand that these figures do not define the future of Intchains Group Limited, but rather represent a challenge that the company is ready to overcome.
|
National Cinemedia Inc
National Cinemedia Inc shares have experienced a notable gain of 10.27% over the past five trading days. This increase brings the share price up by 7.07% during the first quarter of 2024. Additionally, the shares of National Cinemedia Inc are currently trading on the NASDAQ at 59.1% above their 52-week average. These positive developments coincide with the recent announcement of a new $100 million share repurchase program by National Cinemedia Inc. The program, authorized by the Board of Directors, allows for the purchase of the company's common stock until April 1, 2027. This strategic move by the company highlights its confidence in future growth and value, as it invests in itself and returns additional value to shareholders.
|
Neurogene Inc
Neurogene Inc., a leading clinical-stage company specializing in genetic medicines for rare neurological disorders, has recently announced its plans to expand its Phase 1/2 gene therapy clinical trial for NGN-401. This trial is particularly focused on female pediatric patients suffering from Rett syndrome, a debilitating genetic disorder that primarily affects the nervous system. In addition to expanding the trial, Neurogene Inc. also aims to improve the enrollment process to allow for faster participation and assessment. Rett syndrome, although considered a rare condition, has a profound impact on the lives of patients and their families. It predominantly affects females and is caused by mutations in the MECP2 gene. Symptoms typically appear between six to eighteen months after birth and result in severe impairments in physical, cognitive, and social functioning. Children with Rett syndrome often lose purposeful hand skills, experience regression in language and motor abilities, exhibit repetitive hand movements, and develop respiratory irregularities. Currently, there is no cure for Rett syndrome, and treatment primarily focuses on managing symptoms and providing supportive care.
|
Eyenovia Inc
Eyenovia Inc, a major pharmaceutical preparations company, has witnessed a significant drop in its shares over the past month. This decline adds to the year-to-date poor performance. Additionally, the company is currently trading on the NASDAQ well below its 52-week average. These developments raise concerns about Eyenovia's future prospects and its ability to overcome these challenges. Furthermore, factors such as a co-promotion agreement and recent financial results also contribute to the uncertainty surrounding the company's future. 1. Co-Promotion Agreement with NovaBay Pharmaceuticals: Eyenovia's strategic partnership with NovaBay Pharmaceuticals aims to expand market presence and provide a wider range of ophthalmic solutions. Under this agreement, NovaBay will market Eyenovia's Clobetasol propionate ophthalmic suspension, while Eyenovia will promote NovaBay's Avenova Antimicrobial Lid & Lash Solution. This collaboration intends to effectively target eye care professionals across the United States. However, the impact and success of this agreement remain to be seen.
|
R F Industries Ltd
R F Industries Ltd, a provider of connectivity solutions for the wireless communications and telecommunications industries, has experienced a significant decline in its stock price over the past year. The company's stock has fallen by 26.95% from a year ago, bringing the share price down by 12.36% in the past 90 days. Currently, the stock is trading only 23.1% above its 52-week low. The decline in R F Industries Ltd's stock price can be attributed to weak demand, which has led to an increase in losses for the company. For the period of November to January 31, 2024, RFIL reported a shortfall per share of $-0.13, up from $-0.11 in the previous year. Revenue also saw a significant decline, dropping by 27.476% to $13.30 million from $18.34 million the year before. In the fourth quarter alone, revenue fell by 17.229% from $16.07 million, resulting in a growing deficit of $-0.08 per share.
|
Red Cat Holdings Inc
Red Cat Holdings, Inc., a leading drone technology company, has reported record revenue for the company in the Fiscal Third Quarter of 2024. This marks the third consecutive quarter of double-digit sequential growth for Red Cat. The company's revenue rose strongly by 88.24% to $5.85 million from $3.11 million in the same reporting season a year prior. Sequentially, revenue surged by 48.77% from $3.93 million. The strong revenue growth is a positive sign for Red Cat Holdings, especially considering that the company exceeded its sector peers on the revenue angle. While the rest of the Software & Programming sector expressed a 3.32% top-line elevation during the same period, Red Cat achieved significant growth, indicating its competitive advantage in the market.
|
Avenue Therapeutics Inc
Avenue Therapeutics Inc, a prominent pharmaceutical company, has been making waves in the medical industry with its groundbreaking advancements in the treatment of various neurological disorders. Recently, the company presented its preclinical data on BAER-101 at the American Society for Experimental Neurotherapeutics Annual Meeting, showcasing its full suppression of seizure activity in absence epilepsy. This discovery has the potential to revolutionize anti-seizure drug development and significantly improve the lives of those affected by this condition. Absence epilepsy is a neurological disorder characterized by intermittent episodes of unconsciousness and staring spells. It predominantly affects children and adolescents, often leading to academic and social challenges. The underlying cause of this condition involves abnormal electrical activity in the brain, resulting in seizures characterized by momentary lapses in consciousness. Prompt and effective treatment is crucial in preventing long-term complications and enhancing the quality of life for individuals with absence epilepsy.
|
|
|
|
News |
Product Service News
Published Tue, Mar 19 2024 11:05 AM UTC
Gilat Unveils Cloud and 5G NTN Evolution Strategy for SkyEdge IVIn a recent announcement, Gilat Satellite Networks Ltd revealed its new cloud and 5G NTN evolution strategy for its SkyEdge IV platform. The company aims to adopt a phased approach to ensure continuous advancement in alignment with evolving technology and maturing standards.Under this strategy, Gilat intends to ...
|
Auto Sales
Monthly, quarterly and annual vehicle sales
Vehicle production and Market share
|
Stock Market
Stock Market Trading
In today's dynamic stock market, Monday, March 18, 2024, the market experienced a surge driven by the Internet Services and Social Media industry, specifically led by Alphabet Inc. (GOOGL) and Alphabet Inc.
|
Product Service News
Published Tue, Mar 19 2024 10:45 AM UTC
Leading kitchen retailer Wren Kitchens has successfully implemented Descartes Systems Group's dynamic appointment scheduling, route planning, and optimization solution to enhance its surveyor productivity. As a result, the company has reported completing 56% more customer appointments and saving ?2 million annually. This achievement highlights the significant impact that Des...
|
Management Changes
Published Tue, Mar 19 2024 10:30 AM UTC
Lululemon Athletica Inc (NASDAQ: LULU) has recently announced the appointment of Teri List to its prestigious Board of Directors. Bringing a wealth of business leadership experience and a successful track record as a board member for large international companies, Teri is expected to add significant value to Lululemon as it continues to expand globally. With her in...
|
Contract
Published Tue, Mar 19 2024 10:30 AM UTC
Matrix Service Company Announces Strategic Relationship with Geldof to Provide Total EPC Solutions for Ammonia Storage Across EuropeMatrix Service Company, a leading engineering and construction firm, has recently announced a strategic relationship with Geldof, a prominent provider of storage and handling solutions, to offer comprehensive engineering, procurement, and constr...
|
International Trade
The U.S. trade gap widened in January 2024, on the decline in exports and growth in imports.
|
Factory Orders
More detailed report on new orders from manufacturing sector, shows decline in January after a growth in December. As the wild swings in big-ticket purchases continue.
|
Retail Inventories
The build up in inventories continues to grow but on the slower pace, mainly because of shrinking inventories at general merchandise stores by -1.1 %.
|
Contract
Published Tue, Mar 19 2024 10:30 AM UTC
BrightView, the foremost commercial landscaping company in the United States, has recently announced a strategic partnership with Red Wing Shoes, a renowned manufacturer of high-quality footwear. This collaboration aims to equip over 18,000 BrightView team members with safety boots that prioritize addressing the environmental hazards encountered on the job site. By investing...
|
Partnership
Published Tue, Mar 19 2024 10:31 AM UTC
In a groundbreaking collaboration, Centogene N.V. and Takeda have pledged to enhance their strategic partnership to provide crucial genetic testing for patients battling Lysosomal Storage Disorders (LSDs). This partnership expansion is a significant milestone for both companies and has far-reaching implications for the diagnosis and treatment of rare and neurodegenerative di...
|
Business Update
Published Tue, Mar 19 2024 10:30 AM UTC
Metals Acquisition Limited (MAC) has recently reported encouraging drill results from its ongoing exploration and resource development activities at the CSA Copper Mine. The findings, including significant copper grades and thicknesses, provide a positive outlook for the future operations and potential resource expansion at the mine.Resource and Reserve Estimate:MAC has anno...
|
Product Service News
Published Tue, Mar 19 2024 10:30 AM UTC
Terran Orbitals Delivers Milani Satellite to European Space Agency for Hera MissionBOCA RATON, Fla. - Terran Orbitals, a prominent European nano and microsatellite manufacturer, has successfully handed over the Hera Milani satellite to the European Space Agency (ESA) in a formal ceremony held at Tyvak International's premises in Torino, Italy, on March 14th. This significant...
|
Product Service News
Published Tue, Mar 19 2024 10:00 AM UTC
Coherent Introduces Wavemaker and Waveshaper Optical Solutions for Multi-Wavelength TransmissionsPITTSBURGH, March 19, 2024 ?? Coherent Corp. (NYSE: COHR), a global leader in optical networking, announced today the introduction of two new optical test instrumentation products. The Wavemaker and Waveshaper solutions are set to revolutionize multi-wavelength transmissions in t...
|
Product Service News
Published Tue, Mar 19 2024 10:00 AM UTC
Confluent Unveils Tableflow to Unite Analytics and Operations with Data Streaming and Simplify Data Migration ProcessesConfluent, the data streaming pioneer, continues to innovate and expand its offerings with the introduction of Confluent Tableflow and the Confluent Migration Accelerator. These new capabilities aim to make data streaming, connecting, governing, and processi...
|
Product Service News
Published Tue, Mar 19 2024 10:00 AM UTC
Lunda Construction, a subsidiary of Tutor Perini Corporation, has emerged as the apparent low bidder for a significant infrastructure project, further solidifying its position as a leader in the construction industry. The Illinois Department of Transportation has selected Lunda Construction for a bridge replacement and highway improvement project on I-64, near Grayville, Ill...
|
Clinical Study
Published Tue, Mar 19 2024 10:00 AM UTC
Crinetics Pharmaceuticals, a clinical-stage biotechnology company focused on developing innovative therapeutics for rare endocrine diseases and endocrine-related tumors, has announced promising results from two separate studies evaluating the efficacy of their once-daily oral drug, paltusotine. In the Phase 3 PATHFNDR-2 study conducted in patients with acromegaly, paltusotin...
|
Product Service News
Published Tue, Mar 19 2024 9:30 AM UTC
Joby Aviation Expands USAF Partnership and Secures Dubai Air Taxi Launch, Receives FAA Approval for Propulsion Certification PlanJoby Aviation, an innovative electric air taxi company, continues to make significant advancements in its mission to revolutionize air transportation. The company recently announced multiple milestones, including widening its partnership with the U...
|
Products & Services
Published Tue, Mar 19 2024 9:14 AM UTC
Blue Hat Interactive Entertainment Technology: Pioneering the Future of AI Financial ServicesHONG KONG, March 19, 2024 - Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ: BHAT) is making waves in the tech industry as it announces its transition into the realm of AI financial services. With this bold move, the company aims to not only diversify its offerings but als...
|
Clinical Study
Published Tue, Mar 19 2024 9:00 AM UTC
XORTX Therapeutics Inc.: A Promising Future for Progressive Kidney Disease TreatmentXORTX Therapeutics Inc. (XORTX), a leading clinical pharmaceutical company, has achieved significant milestones in 2023 and is poised to make even greater strides in 2024. With a strong focus on developing innovative therapies to combat progressive kidney disease, XORTX is on track to revolut...
|
Product Service News
Published Tue, Mar 19 2024 8:15 AM UTC
In an era where technology is progressing at a breakneck speed, the importance of secure software development and delivery cannot be overstated. JFrog Ltd. (NASDAQ: FROG), a leading Liquid Software company known for their Software Supply Chain Platform, has released its annual Software Supply Chain State of the Union report for 2024. This comprehensive report sheds light on ...
|
Announcement
Published Tue, Mar 19 2024 6:00 AM UTC
In a recent update, ObsEva, a leading biopharmaceutical company focused on women's reproductive health, announced changes to its Board of Directors. These developments, along with a subsequent court ruling, have significant implications for the company's future operations.ObsEva revealed that effective immediately, three new members have joined its Board of Directors. These ...
|
Announcement
Published Tue, Mar 19 2024 6:00 AM UTC
In recent news, WISeKey International Holding Ltd. (WISeKey), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) innovations, has made significant strides towards its strategic goals. The company has announced the appointment of Jonathan LLamas as VP Decentralized Strategy, effective from March 6, 2024, to drive WISeKey's transition into the rea...
|
Partnership
Published Tue, Mar 19 2024 4:00 AM UTC
India's travel landscape is undergoing a radical transformation, driven by the strategic partnerships forged by EaseMyTrip, one of the country's leading travel portals. In a recent collaboration with Zoomcar, the pioneer of self-drive car rentals in India, EaseMyTrip is revolutionizing the way in which travelers plan their journeys. Additionally, their partnership with CARS2...
|
Financing Agreement
Published Tue, Mar 19 2024 3:59 AM UTC
Madrigal Pharmaceuticals Announces Upsized $600 Million Public Offering and Record Net Loss CONSHOHOCKEN, Pa., March 18, 2024 - Madrigal Pharmaceuticals, Inc. (Nasdaq: MDGL), a leading biopharmaceutical company specializing in novel therapeutics for nonalcoholic steatohepatitis (NASH), recently disclosed the pricing of its underwritten public offering. The company plans ...
|
|
|
|
|
|