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Abeona Therapeutics posts smaller-than-expected Q1 loss per share
OverviewUS biopharma's Q1 net product revenue rose quarter-over-quarter as ZEVASKYN adoption increasedQ1 loss per share beat analyst expectationsCo has $168.3M in cash, cash equivalents and short-term investments as of March 31, 2026Company in-licensed novel T-cell therapy asset and deprioritize...Reuters
3 hours ago
UK parliamentary watchdog to investigate Nigel Farage over $7 mln gift, BBC says
LONDON, May 13 (Reuters) - Britain's parliamentary watchdog will begin an investigation into whether Nigel Farage, leader of the Reform UK party, breached its rules by accepting a 5 million pound ($6.75 million) gift which he did not declare, the BBC reported on Wednesday. ($1 = 0.7406 pounds)Reuters
3 hours ago
Real estate services firm Bridgemarq's Q1 revenue falls on weak Canadian market
OverviewCanada residential real estate services firm's Q1 revenue fell due to market weakness and fewer RealtorsAdjusted net earnings declined yr/yr, partly offset by lower commissions expenseNet loss driven by fair value loss on exchangeable unitsOutlookCompany targets annual dividend of C$1.35...Reuters
3 hours ago
A Deal Between Vw And The Israeli Defense Company Rafael Is Nearing Completion, Wiwo Says
May 13 (Reuters) - VOWG.DE VOWG.DE:A DEAL BETWEEN VW AND THE ISRAELI DEFENSE COMPANY RAFAEL IS NEARING COMPLETION, WIWO SAYSISRAELIS PLAN TO MANUFACTURE COMPONENTS FOR THE IRON DOME AIR DEFENSE SYSTEM THERE, WIWO SAYSA JOINT VENTURE BETWEEN RAFAEL AND VW IS TO BE ESTABLISHED BY THE END OF THE YEAR, ...Reuters
4 hours ago
Electra Awards Solvent Extraction Construction Package
May 13 (Reuters) - Electra Battery Materials Corporation ELBM.V:ELECTRA AWARDS SOLVENT EXTRACTION CONSTRUCTION PACKAGEELECTRA BATTERY MATERIALS CORPORATION - AWARDS C$25 MILLION CONSTRUCTION PACKAGE FOR SOLVENT EXTRACTION BUILDINGReuters
4 hours ago
Two Board Unanimously Rejects UWMC's Latest Illusory, Predatory And Unactionable Proposal
May 13 (Reuters) - Two Harbors Investment Corp TWO.N:TWO BOARD UNANIMOUSLY REJECTS UWMC'S LATEST ILLUSORY, PREDATORY AND UNACTIONABLE PROPOSALTWO HARBORS INVESTMENT CORP - BOARD UNANIMOUSLY RECOMMENDS STOCKHOLDERS VOTE FOR CROSSCOUNTRY DEALTWO HARBORS INVESTMENT: DETERMINED REVISED UWMC PROPOSAL...Reuters
4 hours ago
Rent The Runway, Inc. Announces CEO Transition
May 13 (Reuters) - Rent the Runway Inc RENT.O:RENT THE RUNWAY, INC. ANNOUNCES CEO TRANSITIONRENT THE RUNWAY INC - JENNIFER HYMAN TO STEP DOWN AS CEORENT THE RUNWAY INC - APPOINTS TERI BARIQUIT AS INTERIM CEORENT THE RUNWAY INC - REAFFIRMS FULL YEAR 2026 FINANCIAL GUIDANCEReuters
4 hours ago
Morning News Call - Canada, May 13
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageCOMPANIES REPORTING RESULTSMay ...Reuters
4 hours ago
UK's Starmer faces biggest challenge yet as resignation threat overshadows King's Speech
The Times reports Streeting is preparing to resignIf true, his move could trigger a leadership contestReport overshadows State Opening of ParliamentKing Charles read out government's prioritiesStarmer is resisting calls to quit after local election lossesBy Elizabeth Piper, Andrew MacAskill and ...Reuters
4 hours ago
Local Bounti Q1 revenue rises, net loss narrows on cost reduction initiatives
OverviewU.S. indoor farming firm's preliminary Q1 revenue rose 15% yr/yr on higher productionNet loss and adjusted EBITDA loss improved from prior year, reflecting cost reductions and efficiency gainsCompany received $15 mln investment from existing strategic investor during the quarterOutlookLo...Reuters
4 hours ago
Vishay Intertechnology Q1 revenue rises, returns to profit
OverviewU.S. semiconductor and components maker's fiscal Q1 revenue rose yr/yr and sequentiallyGAAP EPS for fiscal Q1 was $0.05, up from a loss a year agoCompany cites capacity investments in high-growth, high-margin products as driving resultsOutlookVishay expects Q2 2026 revenue between $875 m...Reuters
4 hours ago
Canada's Milestone Pharmaceuticals Q1 revenue misses estimates after CARDAMYST launch
OverviewCanada-U.S. biopharma firm's Q1 revenue missed analyst expectations after CARDAMYST launchNet loss widened to $26.1 mln, reflecting higher commercial expenses for product launchCompany ended Q1 with $184.2 mln in cash, providing runway into H2 2027OutlookCompany expects cash and investme...Reuters
4 hours ago
Tower Semiconductor Signs Customer Contracts For $1.3 Billion Silicon Photonics Revenue For 2027
Tower Semiconductor Ltd TSEM.TA:TOWER SEMICONDUCTOR SIGNS CUSTOMER CONTRACTS FOR $1.3 BILLION SILICON PHOTONICS REVENUE FOR 2027TOWER SEMICONDUCTOR LTD - RECEIVES $290 MILLION IN CUSTOMER PREPAYMENTS FOR CAPACITY RESERVATIONTOWER SEMICONDUCTOR LTD - TARGETS $2.8 BILLION REVENUE AND $750 MILLION NET ...Reuters
4 hours ago
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