News
Important Only
Other
Slide secures $250 million cat bond with closing of Purple Re 2025-1
By Isha MaratheMay 14 - (The Insurer) - Slide Insurance has finalized pricing for its $250 million Purple Re Ltd. (Series 2025-1) catastrophe bond, closing its fourth and largest cat bond offering to date, and exceeding the previous largest offering by $40 million. The bond proceeds will be used to...Reuters
Wed, May 14
Other
Texas law firm can sell off 6,000 tort cases in bankruptcy deal to repay funders
By Diana Novak JonesMay 14 (Reuters) - A bankrupt Texas law firm facing allegations it filed lawsuits on behalf of people it did not represent can sell off thousands of mass tort cases as part of a settlement it struck with a pair of litigation funders, according to court records.Chief U.S. Bankrupt...Reuters
Wed, May 14
Commodities
LIVESTOCK-CME cattle futures backtrack from record highs
By Tom Polansek CHICAGO, May 14 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled on Wednesday after climbing to records on dwindling U.S. supplies.Futures prices have set all-time highs since Washington over the weekend added to supply worries by suspending ca...Reuters
Wed, May 14
Other
Blank Check Co Blue Acquisition Files For IPO Of $150 Million
May 14 (Reuters) - Blue Acquisition Sub Inc [RIC:RIC:BLUEAB.UL]:BLANK CHECK CO BLUE ACQUISITION CORP- FILES FOR IPO OF $150 MILLION -SEC FILINGBLUE ACQUISITION CORP: BTIG, LLC IS UNDERWRITER TO IPO- SEC FILINGBLUE ACQUISITION CORP: INTEND TO APPLY TO UNITS LISTED ON NASDAQ GLOBAL MARKET UNDER SYMBO...Reuters
Wed, May 14
Other
Discover Financial Services Credit Card Delinquency Rate 1.72% At April End
May 14 (Reuters) - Discover Financial Services DFS.N:DISCOVER FINANCIAL SERVICES - CREDIT CARD DELINQUENCY RATE 1.72% AT APRIL ENDDISCOVER FINANCIAL SERVICES - CREDIT CARD CHARGE-OFF RATE 2.55% AT APRIL END - SEC FILINGReuters
Wed, May 14
Other
Grove Collaborative Q1 Gross Profit USD 23.064 Million
May 14 (Reuters) - Grove Collaborative Holdings Inc GROV.N:GROVE COLLABORATIVE Q1 GROSS PROFIT USD 23.064 MILLIONGROVE COLLABORATIVE Q1 OPERATING INCOME USD -3.508 MILLIONGROVE COLLABORATIVE Q1 NET INCOME USD -3.547 MILLIONGROVE COLLABORATIVE Q1 EPS USD -0.1GROVE COLLABORATIVE HOLDINGS INC - REVENUE...Reuters
Wed, May 14
Other
Aardvark Therapeutics Reports First Quarter 2025 Financial Results And Provides Business Highlights
May 14 (Reuters) - Aardvark Therapeutics Inc AARD.O:AARDVARK THERAPEUTICS REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS AND PROVIDES BUSINESS HIGHLIGHTSAARDVARK THERAPEUTICS INC - AS OF MARCH 31, 2025, AARDVARK HAD CASH, CASH EQUIVALENTS, AND SHORT-TERM INVESTMENTS OF $151.3 MILLIONReuters
Wed, May 14
Other
Proxy Advisor ISS Recommends Netflix Shareholders Vote Against Management Proposal On Election Of Jay C. Hoag As Director
May 14 (Reuters) - Netflix Inc NFLX.O:PROXY ADVISOR ISS RECOMMENDS NETFLIX SHAREHOLDERS VOTE AGAINST MANAGEMENT PROPOSAL ON ELECTION OF JAY C. HOAG AS DIRECTORPROXY ADVISOR ISS RECOMMENDS NETFLIX SHAREHOLDERS VOTE FOR PROPOSAL ON REDUCED OWNERSHIP THRESHHOLD FOR SHAREHOLDERS TO CALL SPECIAL MEETINGReuters
Wed, May 14
Stocks
Dick's Sporting Goods closes in on deal to buy rival Foot Locker, WSJ reports
May 14 (Reuters) - Dick's Sporting Goods DKS.N was nearing a deal to buy rival footwear retailer Foot Locker FL.N for about $2.3 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Reuters
Wed, May 14
Other
Long-Serving Director Alan J. Murray Retiring Eugenio Garza Y Garza And Iain J. Mackay Elected To O-I Board Of Directors
May 14 (Reuters) - O-I Glass Inc OI.N:LONG-SERVING DIRECTOR ALAN J. MURRAY RETIRING; EUGENIO GARZA Y GARZA AND IAIN J. MACKAY ELECTED TO O-I BOARD OF DIRECTORSReuters
Wed, May 14
Other
Inception Growth Acquisition Limited Announces Additional Contribution To Trust Account To Extend Business Combination Period
May 14 (Reuters) - Inception Growth Acquisition Ltd IGTA.PK:INCEPTION GROWTH ACQUISITION LIMITED ANNOUNCES ADDITIONAL CONTRIBUTION TO TRUST ACCOUNT TO EXTEND BUSINESS COMBINATION PERIODReuters
Wed, May 14
