Markets
Together Housing Pushes Back Audited Accounts to Oct. 26
Issuer of £350m secured bonds cites complex legal settlement as the reason for the delay beyond the 180-day regulatory window.
Coursera Shares Sink to 52-Week Low as Analysts See Upside
Coursera stock dropped to $4.98, nearly 60% below its 52-week high, despite strong second-quarter results and analyst upgrades driven by Udemy integration progress.
Canopy Growth Postpones Shareholder Meeting Until Oct. 23 Over Quorum Shortfall
Canopy Growth adjourned its annual meeting after failing to meet the 33 1/3% quorum threshold; the vote will reconvene Oct. 23 via webcast.
Veon Stock Surges to 52-Week High on Strong Digital Growth and Raised Guidance
Veon shares climbed to $74.60, up nearly 49% over six months, as the telecom operator raised its 2026 revenue and EBITDA outlook following a sharp second-quarter earnings beat.
Chip Stocks Extend AI-Driven Gains as Tech Picks Lead Market
AI-themed equity strategies posted monthly returns of 10% or more as semiconductor names rallied, extending outperformance against the S&P 500 that has persisted since late 2023.
ISS Backs Two ATG Capital Nominees for Empery Digital Board
Proxy advisory firm recommends shareholder support for ATG's board slate and withhold votes from two incumbent directors at Empery Digital's Oct. 14 annual meeting.
Moleculin Biotech Presents Preclinical Pancreatic Cancer Data at AACR
The company shared preclinical findings on its Annamycin candidate showing immune-mediated antitumor activity in pancreatic cancer, while its primary clinical program targets relapsed AML.
Turnium Technology raises up to C$3.5m via private placement, settles debt
Vancouver-based Turnium Technology plans a C$3.5 million non-brokered private placement and a C$2 million debt settlement under NI 45-106.
Bitget revises security breach loss to $388 million after more complete accounting
Crypto exchange Bitget updated its incident report Friday, raising the stolen asset figure to $387.5 million and confirming the breach remains contained.
AllianceBernstein Names Onur Erzan as New CEO, Effective April 2027
Equitable Holdings selects former McKinsey executive to lead $919 billion asset manager as Bernstein steps down after a decade.
OneMedNet Announces 1-for-10 Reverse Stock Split for Nasdaq Listing Compliance
The company will reduce outstanding shares to meet Nasdaq’s minimum bid price requirement, effective September 29, 2026.
Newron Halts US Recruitment for Evenamide Phase-3 Study Amid FDA Pause
Swiss biopharma firm pauses US patient enrollment in schizophrenia trial after FDA confirms temporary hold following a participant’s death outside the U.S., while expanding global recruitment for the drug’s development.
European equities end week with modest gains
EuroStoxx 50 closes at 6,302.82, up 0.48%, while Swiss SMI and UK FTSE 100 also rise. Analysts warn of persistent inflation and rising interest rates.
Strategy seeks shareholder vote to shift preferred stock dividends to daily schedule
Strategy plans to move its four preferred shares to daily dividend payments, pending a virtual special meeting on Oct. 28, with the first daily payout slated for Nov. 2.
CQS New City High Yield Fund raises 2M shares via blocklisting at 50.6p
The fund will use proceeds from the issuance to cover its blocklisting facility, with total voting rights unchanged at 727.6M shares.
DNP Select Income Fund hits 52-week low at $9.68
Fund’s valuation drops amid market pressures, despite 40-year dividend streak and stable returns.
OpenText reduces tender offer for 2028 senior notes to $300M
OpenText Corporation amends its tender offer for outstanding 3.875% Senior Notes due 2028, reducing the aggregate maximum tender amount to $300 million from $450 million.
Sasol Non-Executive Director Rhidwaan Gasant Resigns
Rhidwaan Gasant steps down from Sasol Limited's board for personal reasons, effective September 25, 2026. The move aligns with the company's succession plan.
Huntington Ingalls Shares Fall to 52‑Week Low of $263.44 Amid Mixed Q2 Results
The defense contractor’s stock slipped to its lowest level in a year after reporting second‑quarter earnings that beat estimates, while analysts issued mixed price‑target revisions and the firm secured a $336 million carrier contract.
Trifast to Reduce Capital via £38.9m Share Issue to Enhance Dividend Flexibility
Trifast plc plans to reduce capital by £38.9 million through a share issue and share premium account cancellation, aiming to bolster distributable reserves for dividend payments and improve flexibility in payouts.
Campbell’s Stock Drops to 52-Week Low Amid Earnings Weakness and Rating Cuts
The snack giant’s shares fell to $19.54 after Moody’s downgraded its credit rating and analysts trimmed price targets amid revenue declines and inflation pressures.
S&P 500 Utilities index slides to 52‑week low amid rising 10‑year Treasury yield
The utilities sector fell to 400.07, its lowest level in a year, as the 10‑year U.S. Treasury yield rose to 5.16%, triggering oversold technical signals.
Cegedim H1 2026: Revenue Growth Slips but Profit Rises Amid Cost Cuts
Revenue grew modestly while adjusted earnings improved as the healthcare services group trimmed costs and integrated acquisitions.
Cegedim H1 2026: Margins Improve Amid Modest Revenue Growth
Revenue grew just 0.7% in the first half of 2026, yet adjusted operating income rose 6.9%, as the French healthcare services group tightened costs and expanded profitability across core segments.
BofA lifts AMD price target to $720, sees server CPU market hitting $211B by 2030
Bank of America raised its AMD price target to $720, forecasting the server CPU total addressable market to grow from $61 billion in 2026 to $211 billion by 2030, with AI workloads accounting for most of the expansion.