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Virios Therapeutics Inc. (VIRI) said that it intends to offer and sell up to $2.1 million in shares of its common stock in a public offering. It intends to use the net proceeds of the proposed offering to commence preparatory activities for its planned IMC-2 Long-COVID Phase 2b study and for general...

Walmart Inc. (WMT) Friday announced the opening of a high tech Fulfillment Center in Greencastle, Pennsylvania. This next generation 1.5 million square-foot facility will enable to fulfill more orders, more quickly, the company noted. The Greencastle fulfillment center will have a combination of people,...

Duke Energy Corp. (DUK) Friday announced a settlement agreement in South Carolina, for its rate review request filed in January of this year. The settlement with certain consumer, environmental and industrial groups will result in a reduction of rates by around $84 million, through July 31, 2026. If...

Calibre Mining Corp. (CXBMF, CXB.V) announced Friday the resignation of Senior Vice President and Chief Financial Officer David Splett, effective July 31, 2024. Splett served as CFO of Calibre since the end of November 2021. Prior to joining Calibre, Splett was the CFO of Elevation Gold. He has also...

Commercial vehicle makers Daimler Truck Holding AG (DTRUY) and AB Volvo (VOLVY.PK) announced Friday a preliminary agreement to establish a joint venture for a software-defined vehicle platform to amplify digital transformation. The software-defined vehicle platform and truck operating system are expected...

Skanska AB (SKSBF.PK), a Swedish construction and development company, Friday announced that it has signed an initial contract with Virginia Tech to begin construction on a new College of Engineering in Virginia, United States. The initial contract, inclusive of an early site work release, is worth...

Consumer goods major Unilever Plc (ULVR.L, UL) announced Friday the commencement of its share buyback program for up to 1.5 billion euros. The program to buy back shares were announced in February along with its fiscal 2023 results. The first tranche of the Program will be for an aggregate market...

SCOR SE (SZCRF.PK), a French reinsurance company, reported Friday that its first-quarter Group net income fell 36.8 percent to 196 million euros from last year's 311 million euros. Adjusted Group net income was 176 million euros in the quarter. Insurance revenue, however, grew 4.8 percent to 4.11...

RF Acquisition Corp II announced the pricing of its initial public offering of 10 million units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market and trade under the ticker symbol "RFAIU" beginning on May 17, 2024. Each unit consists of one ordinary share, par...

Accenture (ACN) said it agreed to acquire OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral, to help clients reinvent their businesses with advanced digital technologies. Terms of the transaction were not disclosed. Accenture noted that the acquisition will add approximately 1,000...

Cirrus Logic Inc. (CRUS) announced the resignation of its Chief Financial Officer, Venk Nathamuni, effective May 24, 2024, to pursue an opportunity outside the semiconductor industry. The company has appointed Ulf Habermann, Principal Accounting Officer, as interim Chief Financial Officer effective...

Jacobs (J) said that it appointed Venk Nathamuni as its new Chief Financial Officer, effective June 3, 2024. Before joining to Jacobs, Nathamuni served as the Chief Financial Officer at Cirrus Logic (CRUS). Prior to joining Cirrus Logic, Nathamuni served as Head of Corporate Finance, M&A, investor...

Amgen (AMGN) said that the U.S. Food and Drug Administration approved Imdelltra or tarlatamab-dlle for the treatment of adult patients with extensive-stage small cell lung cancer or ES-SCLC with disease progression on or after platinum-based chemotherapy. Imdelltra has received accelerated approval...

On Thursday, EchoStar Corp.'s (SATS) subsidiaries DISH Network and Hughes Network Systems announced a new bundled service offering to provide video services, along with high-speed internet across rural homes in America. The latest service, powered by satellite Jupiter 3, will provide a discount of...

Aflac Inc. (AFL) Thursday announced that its asset management subsidiary Aflac Global Investments has agreed to acquire a stake in San Francisco-based lower middle-market direct lender, Tree Line Capital Partners. The deal is structured such that Aflac Global will have a 40 percent interest in the...

Comments from the Fed Chair Jerome Powell were in focus this week that also saw the release of latest inflation figures for the U.S. economy. Find out what Powell said and why those remarks underpinned investor sentiment. In Asia, Japan released first quarter GDP figures. Explore how that served to cloud the outlook for Bank of Japan interest rates. In Europe, some key figures for the U.K. labor market were released.

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