Stereotaxis ( STXS ) has agreed to acquire France-based Robocath, a venture-backed developer of robotic technologies for interventional cardiology and neurointerventions. The transaction consideration includes an upfront payment of $20M and additional contingent payments of up to $25M tied to regulatory and commercial milestones, including FDA clearance of Robocath’s next-generation system. The de...
Stereotaxis ( STXS ) has agreed to acquire France-based Robocath, a venture-backed developer of robotic technologies for interventional cardiology and neurointerventions. The transaction consideration includes an upfront payment of $20M and additional contingent payments of up to $25M tied to regulatory and commercial milestones, including FDA clearance of Robocath’s next-generation system. The deal is subject to customary closing conditions and is expected to close in mid-2026. Upon closing, Robocath will operate as a wholly owned subsidiary of Stereotaxis. This acquisition significantly strengthens Stereotaxis’ position as a platform for the full spectrum of endovascular procedures. Robocath’s flagship R-One+ system is said to be the only commercially available robotic solution currently available for percutaneous coronary interventions in Europe. Stereotaxis plans to accelerate the development of Robocath’s next-generation system and pursue regulatory submissions in the United States and Europe within the next two years. Robocath is estimated to contribute approximately $2M in annual revenue during the first year post-acquisition. The acquisition is expected to become breakeven by the third year post-acquisition, supported by commercial and operational synergies. More on Stereotaxis Stereotaxis: Medical Robotics Upside Offsets Cash Burn And Execution Risks Stereotaxis, Inc. (STXS) Q4 2025 Earnings Call Transcript Stereotaxis wins FDA clearance for Synchrony system, launches platform Stereotaxis targets $40M+ annual revenue with manufacturing ramp and product innovation in 2026 Seeking Alpha’s Quant Rating on Stereotaxis
Blending minimalism, ambient and folk music in the former Czechoslovakia, the couple made pilgrim-like tours around Europe, beguiling everyone they met. Fans including the National’s Bryce Dessner explain their allure The Czech duo Irena and Vojtěch Havlovi often seemed out of time. From the mid-80s, the married couple filtered minimalist composition, ambient and folk through baroque instruments, ...
Blending minimalism, ambient and folk music in the former Czechoslovakia, the couple made pilgrim-like tours around Europe, beguiling everyone they met. Fans including the National’s Bryce Dessner explain their allure The Czech duo Irena and Vojtěch Havlovi often seemed out of time. From the mid-80s, the married couple filtered minimalist composition, ambient and folk through baroque instruments, honing their craft in Prague’s churches and monasteries to create a mysterious combination of modernism and old European music against a communist backdrop. After the Velvet Revolution in 1989, the Havels’ unhurried music didn’t rush to match the new pace of capitalism in the country. Instead, they would tour Europe by rail and bus, describing themselves as “pilgrims who wander and play”, as Vojtěch said in a 2009 documentary directed by Vincent Moon. Whether playing their string instruments or minimalist piano etudes for four hands, the pair merged into a symbiotic life-form. The couple saw themselves as acting in service of the music, “of this energy between us and the audience”, said Irena. “Something that can only be shared together, going through us, when the ego is a little asleep.” Continue reading...
7-Eleven will reportedly be closing hundreds of stores in North America as part of a broader turnaround plan. Parent company Seven & i Holdings Co. ( SVNDY ) said 645 convenience stores are slated to close in FY26, which runs through Feb. 28, 2027, although some of those locations will be converted into wholesale fuel sites rather than shut outright. As part of the restructuring. 7-Eleven is also ...
7-Eleven will reportedly be closing hundreds of stores in North America as part of a broader turnaround plan. Parent company Seven & i Holdings Co. ( SVNDY ) said 645 convenience stores are slated to close in FY26, which runs through Feb. 28, 2027, although some of those locations will be converted into wholesale fuel sites rather than shut outright. As part of the restructuring. 7-Eleven is also expected to open about 205 new stores in the same period, with a heavier emphasis on larger, food-focused formats and better-performing sites. That means the chain’s overall footprint will shrink or shift by roughly 440 locations once openings are counted against closures and conversions. The strategic move is tied to softer performance in North America, including weaker customer traffic and pressure from inflation on lower-income shoppers. Notably, the company has also been working toward a possible separation of its North American convenience business, though that IPO has reportedly been pushed back to 2027 at the earliest Looking ahead, Seven & i ( SVNDY ) has set a target to increase its 7-Eleven store base worldwide to 100K by 2030, an increase of 14,000 from the current number. Since the Japanese and U.S. markets are maturing, global expansion is considered key to reaching the lofty goal. "Looking at a world map, there are many countries where we haven't yet entered," stated 7-Eleven International Chairman Shinji Abe recently. "There's still room for growth," he added. More on Seven & i Holdings 7-Eleven has a lofty goal to reach 100K stores globally Historical earnings data for Seven & i Holdings Financial information for Seven & i Holdings
(RTTNews) - Bank of America Corp. (BAC) reported Wednesday that net income applicable to common shareholders for the first quarter grew to $8.16 billion or $1.11 per share from $6.96 billion or $0.89 per share in the prior-year quarter.
(RTTNews) - Bank of America Corp. (BAC) reported Wednesday that net income applicable to common shareholders for the first quarter grew to $8.16 billion or $1.11 per share from $6.96 billion or $0.89 per share in the prior-year quarter.
RHJ/iStock via Getty Images It is time to update Ur-Energy ( URG ) as the situation changed since my last article . Also, what changed was that Seeking Alpha platform has issued a warning on the stock, and I very well agree with the rating. When I first covered the stock the company was unpredictable, unreliable and looked weak. The problems then were huge losses, derivative position which was cau...
RHJ/iStock via Getty Images It is time to update Ur-Energy ( URG ) as the situation changed since my last article . Also, what changed was that Seeking Alpha platform has issued a warning on the stock, and I very well agree with the rating. When I first covered the stock the company was unpredictable, unreliable and looked weak. The problems then were huge losses, derivative position which was causing a risk and most importantly. And also, let's add that I was not sure then whether the company will require new capital. The situation is quite different as of today, but still risky. Production is ramping up, Lost Creek is not an experiment now but a working asset. Balance is also stronger now with solid cash reserve. In other words, survival risk decreased. But now new questions arise whether these operations will become profitable. What I was expecting in my last article happened. In 2025 production reached around 410 thousand pounds, which is practically similar to previously seen ramp up. Inventory also increased to 406 thousand pounds. This to me means, that the company is not only producing, but also has flexibility when fulfilling contracts and planning in advance. Compared to 2024 costs have decreased and the margins I think will soon increase. Contracted prices are stable, but importantly is that gross profit is positive at last. However, we cannot call it profitable company, but it is a breakthrough nonetheless. The margins being positive is a good signal and important moment, even if losses below can still be seen. Finances have changed as well. Cash position increased to over $123 million, because they have been attractive capital through convertible notes. Part of the capital also came from warrant realisation. But this is the part which I don't like. Capital attraction most of the time leads to shareholder dilution. While, yes, we can say that for now this risk has decreased, I am still sceptical. Operations On operational side, the biggest change was not...
Love it or hate it, today (April 15) is officially Tax Day! Following the passage of President Donald Trump's flagship tax and spending law, the "Big, Beautiful Bill," a variety of tax breaks have boosted the average refund in 2026 by 11% to $3,462 (as of April 3). While the smartest maneuvers with federal tax refunds are to shore up your emergency fund and pay down/off high-interest debt, investi...
Love it or hate it, today (April 15) is officially Tax Day! Following the passage of President Donald Trump's flagship tax and spending law, the "Big, Beautiful Bill," a variety of tax breaks have boosted the average refund in 2026 by 11% to $3,462 (as of April 3). While the smartest maneuvers with federal tax refunds are to shore up your emergency fund and pay down/off high-interest debt, investing this capital in the stock market is a genius option for those who already have these bases covered. In particular, two slam-dunk exchange-traded funds (ETFs) -- the Vanguard S&P 500 ETF (NYSEMKT: VOO) and Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) -- can confidently be bought by investors looking to put their tax refund to work. Image source: Getty Images. Continue reading
Avita Medical (RCEL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Avita Medical (RCEL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Welcome to Going Private , I’m Sinead Cruise and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at the increasing contribution buyout firms are making to bank revenues and a surge in private capital allocations to insurance-linked securities and catastrophe bonds. But first, we discuss the record growth in th...
Welcome to Going Private , I’m Sinead Cruise and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at the increasing contribution buyout firms are making to bank revenues and a surge in private capital allocations to insurance-linked securities and catastrophe bonds. But first, we discuss the record growth in the wealth of Asia’s richest clans. If you’re not already on our list, sign up here . Have feedback? Email us at goingprivate@bloomberg.net Family fortunes Asia’s 20 richest families are growing their wealth at remarkable pace even as conflict in the Middle East roils markets and holds the global economy in thrall. Their combined wealth grew by 16% to $647 billion in the past year — the highest total and biggest annual increase since the Bloomberg Billionaires Index first compiled the list in 2019. Defying war and asset bubble fears, illustrious clans including India’s Ambanis , South Korea’s Lees and China’s Zhangs have carved out commanding positions in their primary industries and invested in sectors vital to the artificial intelligence revolution, consumer spending boom and green energy drive. A slew of wealthy dynasties based in Hong Kong including the Kwok , Cheng , Lee and Pao/Woo families are also riding high on a long-awaited recovery in the domestic property market, my colleagues Anders Melin and Pui Gwen Yeung write. Across the broader continent, multi-generational family-controlled empires are supplying metals, chips and infrastructure, financial services and technology critical to their respective home countries, laying the groundwork for longer-term growth. These days, “governments are becoming more nationalistic,” said Marleen Dieleman , a professor at IMD Business School in Singapore. “They want data centers and production capabilities to be in the country. These families are well-positioned for that.” The Zhangs notched the biggest increase in wealth over the...
M&T Bank (MTB) delivered earnings and revenue surprises of +3.91% and +0.65%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
M&T Bank (MTB) delivered earnings and revenue surprises of +3.91% and +0.65%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Anas Sarwar says there have been ‘no stitch-ups, no deals, no backroom chats, no back-channel contact with Reform’ UK politics live – latest updates Anas Sarwar has dismissed as “a desperate lie from a desperate man” a claim by Reform UK’s Scotland leader, Malcolm Offord, that he offered to do a deal with the hard-right party to keep the Scottish National party out of power. Offord made the claim ...
Anas Sarwar says there have been ‘no stitch-ups, no deals, no backroom chats, no back-channel contact with Reform’ UK politics live – latest updates Anas Sarwar has dismissed as “a desperate lie from a desperate man” a claim by Reform UK’s Scotland leader, Malcolm Offord, that he offered to do a deal with the hard-right party to keep the Scottish National party out of power. Offord made the claim on Channel 4’s Scottish leaders’ debate on Tuesday evening, alleging the Scottish Labour leader came “bouncing up” to him at an event in December last year, suggesting they “work together to remove the SNP”. Continue reading...
sankai/iStock via Getty Images By Zain Vawda EUR/USD ( EUR:USD ) finds itself at another crossroads after recent developments have seen the pair test a multi-year pivot level of 1.1450. Since then, EUR/USD has attempted to grind its way higher, but further upside is facing a few hurdles. Daily Chart: Structural Shift Underway Looking at the daily time frame, the technical picture has shifted from ...
sankai/iStock via Getty Images By Zain Vawda EUR/USD ( EUR:USD ) finds itself at another crossroads after recent developments have seen the pair test a multi-year pivot level of 1.1450. Since then, EUR/USD has attempted to grind its way higher, but further upside is facing a few hurdles. Daily Chart: Structural Shift Underway Looking at the daily time frame, the technical picture has shifted from cautiously bearish to decidedly optimistic. After finding significant demand at the multi-year pivot near 1.1450, the pair has embarked on a sustained rally. The most significant development on the daily chart is the price action surrounding the MA cluster. EUR/USD has managed to reclaim the 50-, 100-, and 200-day Moving Averages (MAs), which are currently converging around the 1.1670-1.1690 zone (highlighted by the red box in the chart below). This area now shifts from a major resistance ceiling to a foundational support floor. With the RSI currently at 64.4, there is still space before reaching extreme overbought conditions, suggesting that the path of least resistance remains to the upside toward the 1.1867 resistance level. EUR/USD Daily Chart, April 15, 2026 (Source: TradingView.com) H4 Chart: Momentum Oscillators Hint at Exhaustion On the H4 time frame, the "Golden Cross" and the steep ascending slope of the 50 MA (purple line) underscore the strength of the recent move. The pair recently sliced through the 1.1721 and 1.1769 horizontal hurdles with relative ease. However, a note of caution is warranted. The RSI on the H4 is currently printing at 70.5, having recently flagged several "bear" pivot warnings. This indicates that while the trend is bullish, the move is becoming overextended in the short term. We often see a period of consolidation or a "retest" of previous breakout levels when the H4 RSI hits these extremes, which could see the pair gravitate back toward 1.1769 before the next leg higher. EUR/USD Four-Hour Chart, April 15, 2026 (Source: TradingView.com) H1...
Richard Drury/DigitalVision via Getty Images First Quarter 2026 The Fund (Investor Class) underperformed the benchmark, the S&P 500 Index, for the quarter, but outperformed since inception. At the sector level, the only contributor to performance was energy, while health care and financials were the largest detractors from performance. Amid heightened volatility, geopolitical headlines, and extrem...
Richard Drury/DigitalVision via Getty Images First Quarter 2026 The Fund (Investor Class) underperformed the benchmark, the S&P 500 Index, for the quarter, but outperformed since inception. At the sector level, the only contributor to performance was energy, while health care and financials were the largest detractors from performance. Amid heightened volatility, geopolitical headlines, and extreme stock dispersion, we believe equity markets are increasingly driven by short-term noise and crowd behavior rather than underlying business value. Accordingly, portfolios are positioned with patience and discipline, emphasizing companies trading at meaningful discounts to our estimate of intrinsic value, where long-term fundamentals—not headlines—drive expected returns. Top Contributor | Detractor Highlights Top contributors Phillips 66 ( PSX ) ConocoPhillips ( COP ) Targa Resources ( TRGP ) Top detractors Salesforce ( CRM ) Lithia Motors CI A IQVIA Holdings ( LAD ) New purchases Gartner ( IT ) Marsh & McLennan ( MRSH ) Final sales APA ( APA ) Molina Healthcare ( MOH ) Top contributor Phillips 66 was the top contributor during the quarter. The U.S.-headquartered downstream energy company's stock price rose as it benefited from higher crack spreads (the difference in price between crude oil and refined petroleum), heightened geopolitical risk and solid fourth-quarter 2025 earnings. Fundamental results have been encouraging, and we believe PSX is set to be a major beneficiary of rising crack spreads. We continue to see PSX as a durably advantaged energy company focused on returning cash flow to shareholders. Top detractor Salesforce was the top detractor during the quarter. The U.S.-headquartered software company's stock price declined as it contended with market fears over AI disruption. Quarterly results have remained strong and margins continue to improve. Management emphasized they expect subscription revenue growth to accelerate in the second half of 2026 as Agentforce ...
pabradyphoto/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Caterpillar ( CAT ) is said to acquire autonomous tractor startup Monarch. (00:15) Maine set to be the first U.S. state to pass moratorium on big data centers. (01:15) Google ( GOOG ) ( GOOGL ) faces fresh legal heat as Aptoide alleges app store monopoly - report. (02:08) This is an abridged tra...
pabradyphoto/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Caterpillar ( CAT ) is said to acquire autonomous tractor startup Monarch. (00:15) Maine set to be the first U.S. state to pass moratorium on big data centers. (01:15) Google ( GOOG ) ( GOOGL ) faces fresh legal heat as Aptoide alleges app store monopoly - report. (02:08) This is an abridged transcript. Caterpillar Inc. ( CAT ) has acquired agricultural technology startup Monarch Tractor, Bloomberg News reported Tuesday, citing people familiar with the matter. Monarch disclosed in a recent LinkedIn post that its technology had been purchased by a large equipment manufacturer but did not name the buyer. Sources indicated that Caterpillar ( CAT ) was behind the deal, though neither company publicly confirmed the transaction. The California-based startup, known for developing self-driving electric tractors, had faced operational challenges and cut jobs in recent months. In its statement, Monarch said it would pivot away from manufacturing complete vehicles and instead focus on licensing its technology for use in tractors and other heavy equipment. The acquisition would align with Caterpillar’s ( CAT ) core business in construction and industrial machinery, an area where automation and electrification are becoming more prominent. Maine lawmakers have passed a bill to impose a statewide data center moratorium, making it the first U.S. state to do so. The bill would block approvals for data centers with a load of 20 megawatts or more until late 2027, while a state-appointed council evaluates the facilities' environmental and electric grid impacts. This all comes amid mounting concerns over AI infrastructure's impact on the power grid and the environment. To note, Maine's residential electricity rates are among the highest in the U.S. The bill will now head to Governor Janet Mills' desk for signing. St. Charles, Missouri last year became the first U.S. city to pass a da...