News
Important Only
Other
Women's supplements brand O Positiv explores sale, sources say
By Abigail SummervilleNEW YORK, June 11 (Reuters) - O Positiv Health is exploring a sale that could value the women's health supplements company at around $1 billion, according to three people familiar with the matter.The founder-owned business is working with investment bank Jefferies on the sa...Reuters
Wed, Jun 11
Commodities
Trump administration moves to repeal Biden power plant pollution rules
EPA proposes repeal of carbon, mercury rules to save moneyEPA administrator says coal, gas power needed for data centersEnvironmental groups warn of higher public health costsBy Valerie Volcovici WASHINGTON, June 11 (Reuters) - President Donald Trump's administration has proposed repealin...Reuters
Wed, Jun 11
Other
Oracle Signed "Gigantic" Cloud Contract With Chinese E-Commerce Company Temu - Bloomberg Reporter Brody Ford On X
June 11 (Reuters) - ORACLE SIGNED "GIGANTIC" CLOUD CONTRACT WITH CHINESE E-COMMERCE COMPANY TEMU - BLOOMBERG REPORTER BRODY FORD ON XSource text: https://tinyurl.com/5epub2cmReuters
Wed, Jun 11
Commodities
CSX Announces Ratification Of Labor Deal With Locomotive Engineers
June 11 (Reuters) - CSX Corp CSX.O:CSX ANNOUNCES RATIFICATION OF LABOR DEAL WITH LOCOMOTIVE ENGINEERSCSX CORP: BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN VOTED TO RATIFY FIVE-YEAR COLLECTIVE BARGAINING AGREEMENTCSX CORP - AGREEMENT WITH BLET INCLUDES WAGE INCREASES AND HEALTH IMPROVEMENTSReuters
Wed, Jun 11
Stocks
Cloudflare down after announcing $1.75 bln convertible bond offering
** Shares of software firm Cloudflare NET.N down 2.4% post-market to $175.35 after capital raise news** San Francisco-based co announces $1.75 bln convertible notes due 2030** It plans to use net offering proceeds for general purposes, which may include working capital, capex, debt repayment, potent...Reuters
Wed, Jun 11
Stocks
Best Stock to Buy Right Now: Carnival vs. Disney
Leisure and entertainment giants Carnival (NYSE: CCL) and The Walt Disney Company (NYSE: DIS) offer an abundance of options for anyone thinking about taking a vacation this summer. The two companies can also represent compelling investments, with both stocks gaining momentum in recent months.Can the...The Motley Fool
Wed, Jun 11
Commodities
GRAINS-Soy, corn futures retreat on weather as US-China optimism cools
Soybeans firmed initially on Sino-U.S. trade talks optimismFutures fell due to lack of agricultural specifics in trade talksMonthly USDA supply/demand report awaitedBy Julie Ingwersen CHICAGO, June 11 (Reuters) - Chicago Board of Trade soybean and corn futures drifted lower on Wednesday as initia...Reuters
Wed, Jun 11
Stocks
Why Summit Therapeutics Stock Tanked Today
An analyst's downbeat new take on Summit Therapeutics (NASDAQ: SMMT) pushed its stock downward on Hump Day. At the end of Wednesday, the shares had booked a loss of over 11% in price as investors absorbed the negative take. That was a far steeper fall than the 0.3% slide of the S&P 500 (SNPINDEX: ^G...The Motley Fool
Wed, Jun 11
Other
Tonix Pharmaceuticals Holding May Sell Up To $150 Million In Common Stock
June 11 (Reuters) - Tonix Pharmaceuticals Holding Corp TNXP.O:TONIX PHARMACEUTICALS HOLDING CORP - MAY SELL UP TO $150 MILLION IN COMMON STOCK - SEC FILINGTONIX PHARMACEUTICALS HOLDING CORP - ENTERS $75 MILLION PURCHASE AGREEMENT WITH LINCOLN PARK - SEC FILINGSource text: [ID:n0001999371-25-007625]Reuters
Wed, Jun 11
Stocks
Insmed dips on planned $650 mln stock sale
** Insmed's INSM.O shares down 1% after hours at $96.88 as biopharma co plans equity raise ** Bridgewater, New Jersey-based Insmed announces $650 mln stock offering ** Goldman Sachs and Leerink are jt bookrunners ** On Tues, INSM shares soared 29% after co said its inhaled drug,...Reuters
Wed, Jun 11
Stocks
Why Oklo Stock Rocketed Almost 30% Higher Today
On news of a fresh contract signing with a branch of the U.S. military, investors piled into the stock of nuclear energy start-up Oklo (NYSE: OKLO) on Wednesday. That surge in interest blasted the stock higher by almost 30%, on a day when the S&P 500 index dipped by 0.3%.Going nuclearWednesday morni...The Motley Fool
Wed, Jun 11
Other
Judge says Trump cannot detain Columbia protester Khalil, but delays release order
NEW YORK, June 11 (Reuters) - A federal judge ruled on Wednesday that the Trump administration cannot use U.S. foreign policy interests to justify its detention of Columbia University student and pro-Palestinian activist Mahmoud Khalil, but said his order would not take effect until Friday.Reuters
Wed, Jun 11
Forex
EUR/USD soars on soft US CPI, closes in on 1.1500
The EUR/USD surged during the North American session but remains shy of clearing the 1.1500 figure, following the release of a softer-than-expected inflation report in the United States (US), which could prompt the Federal Reserve (Fed) to reduce borrowing costs in the near term.
Fxstreet
Wed, Jun 11
