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Wells Fargo analysts revised their outlook on Barings BDC (NYSE: BBDC), upgrading the stock from Equal-Weight to Overweight. Barings BDC, Inc. is a publicly traded, externally managed investment company that operates as a business development company under the Investment Company Act of 1940.
Index Update:U.S. stock futures were steady as investors awaited Nvidia's earnings for insights on China export restrictions, along with reports from major retailers. Okta shares fell over 12% in after-hours trading after the company reiterated its guidance amid economic uncertainty. Markets had rallied the …
Smith-Midland Corporation (NASDAQ: SMID) announced its financial results for the fourth quarter and full year ended December 31, 2024. The company reported a 13 percent increase in fourth-quarter revenue to $18.5 million compared to $16.4 million in the prior-year quarter. Product sales for the …
Rocket Lab Corporation (Nasdaq: RKLB) has entered into a definitive agreement to acquire the parent holding company of Geost, LLC, a U.S.-based electro-optical and infrared (EO/IR) payload provider, for $275 million. The deal is structured with $125 million in cash and $150 million in …
Safety Shot, Inc. (Nasdaq: SHOT) announced that its acquisition partner, Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF), has entered a strategic distribution agreement with Guckenheimer, a national food service operator. Guckenheimer operates over 480 market and café locations across 34 states, serving corporate clients …
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) announced the renewal of its partnership with the Fire and Emergency Services Superannuation Fund (“FES Super”), a move that extends their long-standing relationship in the Australian superannuation market. The extension solidifies SS&C’s presence and ongoing growth in the …
InflaRx N.V. (Nasdaq: IFRX) announced that its Phase 3 trial for vilobelimab in pyoderma gangrenosum (PG) will be discontinued following a recommendation from the Independent Data Monitoring Committee (IDMC). The IDMC concluded that continuing the trial would be futile based on an unblinded interim …
ACI Worldwide (NASDAQ: ACIW) and Kuwait’s KNET reported rapid adoption of the WAMD real-time payments platform, launched in June 2024. The system, which allows account-to-account (A2A) transfers using mobile banking apps and phone numbers, surpassed one million registered users in its first operational quarter. …
Index Update:President Trump’s decision to delay a proposed 50% tariff on EU imports to July 9 boosted market optimism and risk appetite, especially after a request from EU Commission President Ursula von der Leyen. Investor sentiment was further supported by Japan’s finance ministry signaling …
Cisco (NASDAQ: CSCO)is a global technology firm specializing in networking and cybersecurity, leveraging AI to drive digital transformation and resilience across industries for over 40 years. The company has released findings from its recent global research report, "The Race to an Agentic Future: How …
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