Kodak is selling illiquid assets from its Kodak Retirement Income Plan (KRIP) for $550.6 million in cash to the Mastercard Foundation.
Chegg said that following the closing, approximately $127.9 million aggregate principal amount of the notes will remain outstanding and about $207.5 million will remain available under its securities repurchase program.
The transaction price represents a 36% premium to Summit's 90-day volume weighted average price
The order was received from a US-based company that is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry, it said.
Morgan Stanley sees "more room to run" for Robinhood, citing its "discounted valuation," accelerating initiatives, and post-election "animal spirits" likely to persist into 2025.
A Stocktwits poll shows that over 50% of retail investors believe Palantir’s valuation is justified by its future growth prospects, while 22% see the stock as a “bubble ready to pop.”
Some investors may have been responding to a tweet by Elon Musk taking a swipe at F-35s.
Nano Nuclear Energy will issue an aggregate of 2.5 million shares of common stock and five-year warrants to purchase an aggregate of up to an additional 2.5 million shares.
Citi noted the positive clinical data and the competitive pricing of Attruby at $225,000 per year, below Pfizer’s tafamidis.
Net sales rose 3% year-over-year (YoY) to $1.61 billion, higher than a Wall Street estimate of $1.58 billion.
