Steel Partners Holdings LP and its affiliated entities recently made significant purchases of Steel Connect, Inc. (NASDAQ:STCN) stock, latest filings with the Securities and Exchange Commission indicate. In a series…
Category: Business News
Admin Biden, ports prepare for cyberattacks as US infrastructure is targeted
Cranes sit idle as they wait for a ship to dock to remove containers at the Port of Los Angeles on March 14, 2024. Genaro Molina | Los Angeles Times…
The economy may be booming, but the real estate industry has fallen into recession
Glenn Kelman is the CEO of Redfin, a self-described technology-driven real estate company, a modern way to buy and sell homes. He has been at the helm for almost two…
Boeing engineer says safety concerns are being ignored by plane maker
Unlock the Publisher’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A Boeing whistleblower testified before a U.S. Senate committee that…
Middleby Corp maintains $175 target with an Overweight rating from Investing.com
Middleby Corp (NASDAQ:MIDD) maintained KeyBanc’s Overweight rating and $175.00 price target on Wednesday. The company’s analyst highlighted stable industrial demand for foodservice equipment in the first quarter of 2024. Despite…
Stocks making the biggest moves at midday: UAL, TRV, ABT
Discover the companies making headlines in midday trading. United Airlines: Shares rose 14% after the airline reported a smaller-than-expected loss in the first quarter. Quarterly revenue came in at $12.54…
Microsoft-backed Rubrik seeks to raise $713 million in latest tech IPO
Continuing its streak of tech IPOs, Rubrik, according to a new SEC filing, will seek up to $713 million when the company goes public via the NYSE later this month…
Germany urges dozens of allies to send air defense systems to Ukraine
Stay informed with free updates Just sign up to War in Ukraine myFT Digest: delivered straight to your inbox. Germany has written to dozens of countries, including Gulf Arab states,…
China’s cycle of dollar accumulation and yuan weakening turns violent From Reuters
(Correction to remove citation in paragraph 6 following post-publication review) SHANGHAI (Reuters) – Chinese businesses are hoarding dollars because they fear their currency will weaken, which in turn is exacerbating…
LLY, TRV, UAL, AA and more
Check out the companies making the biggest moves in premarket trading: Eli Lilly, ResMed — Shares of Eli Lilly rose 2% following the pharmaceutical giant’s announcement that its weight-loss drug…