News
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IPO uptick presents public D&O opportunities as carrier interest in private market mounts
By Isha MaratheAug 14 - (The Insurer) - A recent uptick in IPO activity may present opportunities for public D&O insurers against a backdrop of flattening rate reductions in the strained market, as many carriers continue to grow their private D&O books, brokers told The Insurer.Despite the ...Reuters
Thu, Aug 21
CANADA RESEARCH ROUNDUP-Aritzia, Cameco, HLS Therapeutics
Aug 21 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Aritzia, Cameco and HLS Therapeutics on Thursday.HIGHLIGHTS * Aritzia Inc ATZ.TO: Truist Securities initiates coverage with buy rating * Cameco Corp CCO.TO: Raymond James raises ...Reuters
Thu, Aug 21
Senegal's international bonds rally for second day in a row
NAIROBI, Aug 21 (Reuters) - Senegal's international bonds rose for the second straight day on Thursday, Tradeweb data showed, as an International Monetary Fund mission arrived in the country. The 2028 euro-denominated maturity XS1790105180=TE gained the most, adding close to 2 cents to bid at 87...Reuters
Thu, Aug 21
Russia needs a nuclear shield update due to 'colossal threats', nuclear chief says
MOSCOW, Aug 21 (Reuters) - Russia's nuclear shield should be strengthened in coming years due to the "colossal threats" facing the world's biggest nuclear power, the head of Russia's state nuclear corporation said on Thursday.Russia and the United States are upgrading their nucle...Reuters
Thu, Aug 21
Nuro Closes $203 Million Series E Funding Round At $6 Billion Valuation
Aug 21 (Reuters) - Nuro:NURO: CLOSES $203 MILLION SERIES E FUNDING ROUND AT $6 BILLION VALUATIONNURO: FUNDING ROUND INCLUDES UBER, NVIDIA, BAILLIE GIFFORD & NEW INVESTORS ICEHOUSE VENTURES, KINDRED VENTURES & PLEDGE VENTURESNURO: ADDITIONAL $97 MILLION IN FUNDING FOLLOWS FIRST TRANCHE OF $10...Reuters
Thu, Aug 21
Electronic equipment maker OSI Systems Q4 revenue, adj EPS beats estimates driven by security division growth
OverviewOSI Systems fiscal Q4 revenue of $505 mln beats analyst expectations, per LSEG dataAdjusted EPS for fiscal Q4 beats estimates, driven by Security division growthCompany projects fiscal 2026 revenue growth of 5.4%-8.0%OutlookOSI Systems projects fiscal 2026 revenue of $1.805 bln to $1.850 bln...Reuters
Thu, Aug 21
Self-driving vehicle startup Nuro valued at $6 billion in late-stage funding round
Aug 21 (Reuters) - Self-driving vehicle startup Nuro closed its late-stage funding round on Thursday, raising $203 million at a $6 billion valuation from new investors Uber UBER.N and Nvidia NVDA.O alongside returning backers.The latest tranche of $97 million follows the $106 million announced in Ap...Reuters
Thu, Aug 21
Dynavax Says Z-1018 Showed Lower Solicited Local & Systemic Post-Injection Reactions Vs Shingrix In Study
Aug 21 (Reuters) - Dynavax Technologies Corp DVAX.O:DYNAVAX TECHNOLOGIES: IN PART 1 OF PHASE 1/2 CLINICAL TRIAL, Z-1018 WAS WELL-TOLERATED WITH FAVORABLE TOLERABILITY PROFILEDYNAVAX TECHNOLOGIES: IN TRIAL Z-1018 SHOWED LOWER SOLICITED LOCAL & SYSTEMIC POST-INJECTION REACTIONS VERSUS SHINGRIXDYNA...Reuters
Thu, Aug 21
Tech distributor ScanSource's Q4 sales, profit beat estimates
OverviewScanSource Q4 net sales rise 8.9%, beating analyst expectations, per LSEG dataAdjusted EPS for Q4 beats consensus, rising to $1.02, per LSEG dataAdjusted EBITDA for Q4 increases 13%, surpassing estimates, per LSEG dataOutlookScanSource sees FY26 net sales between $3.1 bln and $3.3 blnCompany...Reuters
Thu, Aug 21
Power Transmission gear maker Twin Disc beats Q4 sales estimates on strength in marine and propulsion systems segment
OverviewTwin Disc Q4 sales rise 14.5% yr/yr to $96.7 mln, beating estimatesNet income for Q4 at $1.4 mln, down from prior yearEBITDA for Q4 decreases to $7.0 mln due to currency lossesOutlookTwin Disc enters new fiscal year with healthy backlog and strategic positionResult DriversMARINE AND PROPULSI...Reuters
Thu, Aug 21
Evercore to acquire British boutique investment bank Robey Warshaw for $196 million
July 30 (Reuters) - Evercore EVR.N will acquire British boutique investment bank Robey Warshaw for $196 million, the U.S. investment bank said on Wednesday. Payment will be made in two tranches, half in Evercore shares when the deal closes and the remainder a year later in either cash or stock, Ever...Reuters
Thu, Aug 21
Dynavax's shingles vaccine shows similar immune response to GSK's shot in study
Aug 21 (Reuters) - Dynavax Technologies DVAX.O said on Thursday its experimental shingles vaccine generated a similar immune response as GSK's GSK.L blockbuster shot Shingrix, while showing a better safety profile, in early-to-mid-stage study.Shingles, or herpes zosteris, is a viral infection ch...Reuters
Thu, Aug 21
Evertec buys 75% stake in Brazil's Tecnobank for $144 million
By Alberto AlerigiSAO PAULO, Aug 21 (Reuters) - Puerto Rico-based financial technology firm Evertec EVTC.N will acquire a 75% stake in Brazilian firm Tecnobank in a deal valued at 787 million reais ($143.82 million), it said in a statement on Thursday.Tecnobank operates a digital platform to process...Reuters
Thu, Aug 21
Tennis-ATP flags more than 162,000 abusive comments in first year of protection service
By Shrivathsa Sridhar BENGALURU, Aug 21 (Reuters) - Top men's tennis players were shielded from more than 162,000 social media comments containing "severe" abuse during the first year of the Artificial Intelligence-powered ATP Safe Sport initiative, the sport's governing body said...Reuters
Thu, Aug 21
RPT-BREAKINGVIEWS-Thoma Bravo hails tech’s ‘show me the money’ era
By Pranav KiranTORONTO, Aug 20 (Reuters Breakingviews) - The cycle of technology fads is brutal. Once the darlings of public markets, given wide latitude to chase unprofitable growth, cloud software developers now seem pedestrian next to the incredible promise of artificial intelligence. Private eq...Reuters
Thu, Aug 21
CORRECTED-FOCUS-Battling unregulated vapes, Big Tobacco tries a new strategy: joining in
Big Tobacco has long argued unlicenced vapes are illegalWith sales under pressure, the industry is shifting its stanceBAT plans to pilot new vape, lacking required licenceCampaigners say plans unlawful and risk public health By Emma Rumney LONDON, Aug 21 (Reuters) - British American Tobacco BATS....Reuters
Thu, Aug 21
