(RTTNews) - Neurocrine Biosciences, Inc. (NBIX), on Monday, said it has entered into a definitive agreement to acquire Soleno Therapeutics, Inc. (SLNO) for $53 per share in cash, representing a total equity value of $2.9 billion.
(RTTNews) - Neurocrine Biosciences, Inc. (NBIX), on Monday, said it has entered into a definitive agreement to acquire Soleno Therapeutics, Inc. (SLNO) for $53 per share in cash, representing a total equity value of $2.9 billion.
EU Parliament Shocks Brussels: Chat Surveillance Rejected, Deportation Centers Approved Submitted by Thomas Kolbe Brussels’ assault on industry and small-to-medium businesses is a child of German ideology. This applies not only to the absurd climate battle; German statism also reveals itself in the proposed spying system of EU-wide chat surveillance. The open-border policies, executed in the style...
EU Parliament Shocks Brussels: Chat Surveillance Rejected, Deportation Centers Approved Submitted by Thomas Kolbe Brussels’ assault on industry and small-to-medium businesses is a child of German ideology. This applies not only to the absurd climate battle; German statism also reveals itself in the proposed spying system of EU-wide chat surveillance. The open-border policies, executed in the style of a hippie state, can be attributed equally and without hesitation to Germany’s political record of this century. Three dramatic political miscalculations, three intellectual detonations, leading to devastating societal consequences. All made in Germany, but certainly not made for Germany. Berlin’s climate crusade and hippie ideology have inflicted severe economic and societal damage on the European Union, sparking a social movement that points to deep internal cultural and social conflicts. The next generation will struggle to preserve its identity in Europe and assert itself politically. That this identity is not even articulated on a national German level guarantees the exclusion of the AfD under the Brandmauer-Ägide. Colorful and intellectually reduced coalitions of SED communists, red and green socialists, and the statist CDU, randomly blended together, shape this Brandmauer idyll in Germany. The parliamentary Thursday in Brussels must have struck like a whip. The European People’s Party (EPP), including the CDU/Union, joined forces with three right-conservative parties, among them the AfD, France’s Rassemblement National, and the Patriots for Europe (PFE), against the three ideological pillars of the globalist, German-inspired political restructuring project of the EU. The political hammer of the day was undoubtedly the EU Parliament’s resolution to force the EU Council and Commission into a debate over establishing migrant deportation centers in third countries. A decision is expected in June. Yet at this point, the Parliament itself is powerless, as it famously ha...
Ceri Breeze Deutsche Bank lowered Avis Budget Group ( CAR ) to a Hold rating after having the car rental stock set at Hold. Analyst Chris Woronka highlighted that the downgrade on Avis Budget ( CAR ) is purely fundamental in nature. Woronka and his team firmly believe the stock very well could move significantly higher due to technical reasons tied to a potential short squeeze but struggle to just...
Ceri Breeze Deutsche Bank lowered Avis Budget Group ( CAR ) to a Hold rating after having the car rental stock set at Hold. Analyst Chris Woronka highlighted that the downgrade on Avis Budget ( CAR ) is purely fundamental in nature. Woronka and his team firmly believe the stock very well could move significantly higher due to technical reasons tied to a potential short squeeze but struggle to justify the current share price using traditional metrics and a 12-month time horizon. "While this is a downgrade to Hold from Buy, we also wish to be very explicit that it is not a call to sell the stock," advised Woronka. Woronka said the firm continues to believe that there is some positive underlying momentum in the core business with demand and pricing and that management is positioning the company well to capitalize on opportunities that may arise in the evolving AV/robo taxi space. However, the +30% rally in a week amid short squeeze potential sent Deutsche Bank to the sidelines for the near term. Shares of Avis Budget ( CAR ) fell 2.6% in premarket trading following the Deutsche Bank ratings cut. More on Avis Budget The Empty Tank: Why I Am Shorting Avis Budget Avis Budget Group: A Broad Q4 Miss, A Big Impairment, And A Familiar Outcome Avis Budget Group, Inc. (CAR) Q4 2025 Earnings Call Transcript Most and least shorted industrial stocks with over $2B market cap Avis Budget launches 5M share sale program
In this article SLNO NBIX Follow your favorite stocks CREATE FREE ACCOUNT Piotr Swiat | Lightrocket | Getty Images Neurocrine Biosciences will acquire rare disease drugmaker Soleno Therapeutics for $2.9 billion in cash, the companies said on Monday, marking the neuroscience-focused drugmaker's expansion into metabolic disorders. Neurocrine has offered $53 per Soleno share held, which represen...
In this article SLNO NBIX Follow your favorite stocks CREATE FREE ACCOUNT Piotr Swiat | Lightrocket | Getty Images Neurocrine Biosciences will acquire rare disease drugmaker Soleno Therapeutics for $2.9 billion in cash, the companies said on Monday, marking the neuroscience-focused drugmaker's expansion into metabolic disorders. Neurocrine has offered $53 per Soleno share held, which represents a premium of about 34% to the stock's last close. Soleno shares, which had risen more than 30% in premarket trading after the Financial Times first reported the news, were halted. The deal gives Neurocrine access to Vykat XR, the first drug approved in the U.S. to treat hyperphagia associated with Prader-Willi syndrome, a rare genetic disorder. Hyperphagia, or feelings of intense and persistent hunger, is the hallmark symptom of Prader-Willi syndrome and can lead to severe obesity as well as physical, mental and behavioural problems. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Israel’s natural gas flows to Egypt have returned to levels seen prior to the Iran war, according to a person familiar with the matter, after its largest gas field resumed production. Supplies to Egypt from Israel’s Leviathan and Tamar gas fields restarted on Saturday and have now reached their normal level of around 1.1 billion cubic feet a day, said the person, asking not to be identified becaus...
Israel’s natural gas flows to Egypt have returned to levels seen prior to the Iran war, according to a person familiar with the matter, after its largest gas field resumed production. Supplies to Egypt from Israel’s Leviathan and Tamar gas fields restarted on Saturday and have now reached their normal level of around 1.1 billion cubic feet a day, said the person, asking not to be identified because the matter is sensitive. Israel cut gas flows to Egypt after the Iran war triggered a temporary shutdown of some fields. To make up for any shortfalls, Egypt started expediting LNG shipments it contracted in mega deals last year.
Atlas Energy Solutions ( AESI ) intends to offer $300 million aggregate principal amount of convertible senior notes due 2031 in a private placement. The underwriters have an option to purchase, within a period of 13 calendar days up to an additional $45 million aggregate principal amount of notes. The partial funds will be used to fund the cost of entering into the capped call transactions and ap...
Atlas Energy Solutions ( AESI ) intends to offer $300 million aggregate principal amount of convertible senior notes due 2031 in a private placement. The underwriters have an option to purchase, within a period of 13 calendar days up to an additional $45 million aggregate principal amount of notes. The partial funds will be used to fund the cost of entering into the capped call transactions and approximately $66M to repay outstanding advances under its master lease agreement and interim funding agreement, each with Stonebriar Commercial Finance LLC, including a $5 million termination fee in connection therewith and ~$75M to repay outstanding borrowings under its 2023 ABL Credit Facility and the balnce for general corporate purposes The notes will be senior, unsecured obligations of the Company and will accrue interest payable semi-annually in arrears and will mature on April 15, 2031. The notes will be redeemable, in whole or in part for cash at the Company’s option at any time, and from time to time, on or after April 20, 2029 and before the 41 st scheduled trading day immediately before the maturity date. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. AESI -2.6% premarket to $11.83 Source: Press Release More on Atlas Energy Solution Atlas Energy Solutions: The Shift To Power Production Is In Top Gear (Rating Upgrade) Atlas Energy Solutions Inc. (AESI) Q4 2025 Earnings Call Transcript Atlas Energy Solutions slides after cutting Q1 adjusted EBITDA guidance Atlas Energy signs framework agreement with CAT for power generation assets through 2029 Seeking Alpha’s Quant Rating on Atlas Energy Solution
Targeted after Italy’s failure and for his dive in the Derby d’Italia, Alessandro Bastoni returned to form against Roma Italy were too afraid to play a World Cup qualifying playoff at San Siro, hosting their semi-final against Northern Ireland in Bergamo instead. Gennaro Gattuso explained it as a choice to protect his players, noting that the nation’s biggest football stadium was home to two rival...
Targeted after Italy’s failure and for his dive in the Derby d’Italia, Alessandro Bastoni returned to form against Roma Italy were too afraid to play a World Cup qualifying playoff at San Siro, hosting their semi-final against Northern Ireland in Bergamo instead. Gennaro Gattuso explained it as a choice to protect his players, noting that the nation’s biggest football stadium was home to two rival clubs – Milan and Internazionale – and suggesting this dynamic might lead fans there to turn more quickly on players who struggled. Instead, on Sunday, it was San Siro that offered comfort to one who has become the scapegoat for yet another collective failure. Italy made it past Northern Ireland only to lose to Bosnia on penalties in Zenica. Alessandro Bastoni’s first-half red card, at a time when his country were winning 1-0, was a pivotal moment in the game and perhaps his entire career. Continue reading...
Drazen Zigic/iStock via Getty Images Thesis As you know, Neurocrine Biosciences ( NBIX ) is said to be in advanced negotiations to acquire Soleno Therapeutics ( SLNO ). The deal is tipped to value the company at just over $2.5 billion, or in the low-to-mid $50s per share. We were also told that discussions seem to be progressing pretty quickly, with a potential agreement possibly coming as soon as...
Drazen Zigic/iStock via Getty Images Thesis As you know, Neurocrine Biosciences ( NBIX ) is said to be in advanced negotiations to acquire Soleno Therapeutics ( SLNO ). The deal is tipped to value the company at just over $2.5 billion, or in the low-to-mid $50s per share. We were also told that discussions seem to be progressing pretty quickly, with a potential agreement possibly coming as soon as Monday. Now, this would actually be Neurocrine's first major deal and would, of course, add Soleno's key asset to their list, which is the first approved treatment for extreme hunger associated with Prader-Willi syndrome. In terms of that particular asset's potential, some analysts estimate that it could generate up to $2.3 billion in peak annual sales. As for the stock price, Soleno shares have surged almost 30% over the past week on takeover speculation. The buy case here for me would ultimately come down to owning a de-risked, first-in-class rare disease asset. It's tipped to have significant pricing power and a pretty clear path to rapid revenue scale, at what still looks like a rather modest multiple of peak sales. As you know, Vykat XR already has regulatory approval and some very strong clinical durability, which is set to give it a somewhat monopoly-like positioning in PWS. Where I see the real upside would be in pipeline-in-a-product expansion into some other metabolic and obesity indications. This is, of course, much longer-term, but even modest success in other uses could multiply the TAM. Pipeline setup As far as their pipeline goes, Soleno is pretty well concentrated on a single core asset, diazoxide choline extended-release (DCCR). DCCR is already commercially approved as Vykat XR in the U.S. as of 2025 and would be the company's lead and essentially their only late-stage/marketed product. It's designed to treat hyperphagia, extreme, life-threatening hunger, in patients with Prader-Willi syndrome (PWS). Now, this syndrome is a rare genetic disorder with no pr...
rarrarorro/iStock via Getty Images Park National Corporation ( PRK ) is a bank holding company that operates under the name Park National Bank with branches in five states -Kentucky, North Carolina, Tennessee, South Carolina, and its home state of Ohio. A check of the company's website still does not list Tennessee as a service area, even though it was added on February 1 when the company acquired...
rarrarorro/iStock via Getty Images Park National Corporation ( PRK ) is a bank holding company that operates under the name Park National Bank with branches in five states -Kentucky, North Carolina, Tennessee, South Carolina, and its home state of Ohio. A check of the company's website still does not list Tennessee as a service area, even though it was added on February 1 when the company acquired First Citizens Bancshares in an all-stock transaction . The deal was valued at roughly $317 million when it was first announced and gave PRK access to 24 branch locations in attractive markets in the Volunteer State. It also pushed the bank over the $10 billion asset threshold . When Park National releases its Q1 2026 earnings report on April 20, investors will get their first glimpse of the impact of this recent acquisition. However, even without First Citizens on board, PRK posted strong results in FY 2025, results that I believe are reflected in its stock price. The company trades at a rich valuation that is reflective of its operations. Unfortunately, that also limits the reasonable expectations for shareholder upside, at least in the first half of this year. In this analysis, I will explain just what makes Park National such an interesting mid-cap regional bank to follow. Its expansion into attractive new areas seems well-timed and should continue to boost its bottom line. My concerns about its valuation are my only real hang-up for being more enthusiastic about buying the stock, but investors could do worse than holding PRK in their accounts, assuming they are prepared for the possibility that regional banks may continue to face choppy waters in the months ahead. Company Overview Formed in 1987, Park National Corporation is headquartered in Newark, OH. While its name may not yet have great cache nationwide, Park National Bank has the largest share of bank deposits in seven counties in Ohio and is second in three more. The bank engages in commercial and consumer banki...
From sea transfers by smugglers and hoarding to stockpiling underground, profiteering from the oil crunch in Thailand has exacerbated a supply crisis that Prime Minister Anutin Charnvirakul warned on Monday was about to worsen, given the country’s reliance on fuel imports. As diesel pump prices hit an all-time high of around 50 baht (US$1.54) a litre on Monday, Justice Minister Major-General Rutth...
From sea transfers by smugglers and hoarding to stockpiling underground, profiteering from the oil crunch in Thailand has exacerbated a supply crisis that Prime Minister Anutin Charnvirakul warned on Monday was about to worsen, given the country’s reliance on fuel imports. As diesel pump prices hit an all-time high of around 50 baht (US$1.54) a litre on Monday, Justice Minister Major-General Rutthaphon Naowarat told reporters that “oil has definitely gone missing”, saying it was too early to...
Knife-wielding skeletons, wild experiments with toilets, an audience with the bassist from The Jam … the team behind the globe-conquering spookfest open up about their astonishing success ‘Oh. Em. Bloody. Gee.” Danny Robins, “ high priest of the paranormal ”, has removed his trademark red anorak and is pacing around the London Palladium stage telling ghost stories. A phantom baby. A haunted Teams ...
Knife-wielding skeletons, wild experiments with toilets, an audience with the bassist from The Jam … the team behind the globe-conquering spookfest open up about their astonishing success ‘Oh. Em. Bloody. Gee.” Danny Robins, “ high priest of the paranormal ”, has removed his trademark red anorak and is pacing around the London Palladium stage telling ghost stories. A phantom baby. A haunted Teams meeting. A … “hairy flasher”. He dissects each tale with parapsychologists Evelyn Hollow (Team Believer) and Ciarán O’Keeffe (Team Sceptic – he exposed Most Haunted’s medium, Derek Acorah, as a fraud in a rift Robins calls “the Biggie and Tupac of the paranormal”). The rapt audience – a harmonious mix of millennials, boomers and gen Z – are eager to share their own stories, too: a woman’s voice quivers into a microphone as she describes a skeleton that wanted to stab her sister. This is the enthralling world of Uncanny. A lot has happened in the five years since Uncanny started life as a Radio 4 paranormal investigations podcast, with those spine-tingling opening lyrics, “I know what I saw.” In the first episode, The Evil in Room 611, Robins met scientist Ken, who recalled unexplained scares from decades ago in his university halls. Details of an evil dark figure and shaking doors were met with the reaction: “Bloody hell, Ken.” Two experts then shared their theories: parapsychologist Caroline Watt proffered hypnagogic hallucinations, while ordained minster Peter Laws claimed poltergeist activity. Continue reading...
The National Highway Traffic Safety Administration closed its investigation into Tesla’s “Actually Smart Summon” feature due to the low frequency and severity of reported crashes.
The National Highway Traffic Safety Administration closed its investigation into Tesla’s “Actually Smart Summon” feature due to the low frequency and severity of reported crashes.
Wingstop (WING) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Wingstop (WING) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.