December 24, 2024 8:36 am
Piper Sandler has raised its rating on GCM Grosvenor Inc (NASDAQ: GCMG) to “Overweight” from “Neutral” previously, driving the shares over 3% higher on Monday. Piper Sandler analyst Crispin Love wrote in an investor note that “momentum in fundraising, growth in direct oriented investments, and a pickup in deal activity” would “drive carried interest and […]
Read moreDecember 23, 2024 8:03 am
The shares of Xometry Inc (NASDAQ: XMTR) rose almost 14% on Friday, after Wedbush Securities began coverage of the stock with an “Outperform” rating. Wedbush analysts noted that Xometry Inc was “well-positioned” to capture market share within the global custom manufacturing industry, with a multi-year runway of relatively high growth compared to digital marketplace competitors. […]
Read moreDecember 17, 2024 9:09 am
Expro Group Holdings (NYSE: XPRO) said on Monday that it had secured a contract valued at more than $10 million to provide a well decommissioning solution. The solution combines subsea safety systems and surface processing design to allow for both safe entry to the well and effective well fluids management. “Having been involved in the […]
Read moreDecember 17, 2024 7:56 am
Douglas Emmett Inc (NYSE: DEI), a fully integrated, self-administered and self-managed real estate investment trust, said on Monday that its Board of Directors had authorized a quarterly cash dividend of $0.19 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on January 15th […]
Read moreDecember 16, 2024 7:45 am
Ingredion Inc (NYSE: INGR), a global ingredient solutions provider serving clients in nearly 120 countries, said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.80 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on January 21st […]
Read moreDecember 14, 2024 11:54 am
West Pharmaceutical Services Inc (NYSE: WST) said on Friday that its Board of Directors had authorized a share buyback program of up to 550,000 shares of the company’s common stock. Share repurchases will be conducted from time to time on the open market or in privately-negotiated transactions. The share buyback program is expected to be […]
Read moreDecember 13, 2024 9:10 am
Williams-Sonoma Inc (NYSE: WSM) said on Thursday that its Board of Directors had authorized a quarterly cash dividend of $0.57 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 21st to shareholders of record as of the close of business on […]
Read moreDecember 13, 2024 7:36 am
Sonic Automotive Inc (NYSE: SAH) said on Thursday that it had acquired Audi New Orleans, located in Metairie, Louisiana. The firm bought Audi New Orleans from the Bohn Brothers Automotive Group, which has an extensive history of automotive dealership operations in Louisiana. “It’s an honor to continue the tradition of offering high-quality automotive sales and […]
Read moreDecember 9, 2024 10:05 am
MaxCyte Inc (NASDAQ: MXCT) said on Monday that it had reduced 15% of its workforce, which affected 21 jobs and saved nearly $5.8 million in 2025. As a result, its staff will be brought to 116 by the end of 2024, it said. The company also revised up its full-year 2024 core revenue forecast, expecting […]
Read moreDecember 8, 2024 1:26 pm
Profound Medical Corp (NASDAQ: PROF) announced on Friday the pricing of an underwritten public offering of 4,666,700 common shares at $7.5 per share at the total value of about $35 million. The underwriters have a 30-day option to buy up to additional 700,005 common shares at the public offering price, the company said. The offering […]
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