Key PointsQuantedge Capital added 212,600 shares of 10x Genomics in the first quarter; the estimated transaction value was $4.25 million based on quarterly average pricing.
Key PointsQuantedge Capital added 212,600 shares of 10x Genomics in the first quarter; the estimated transaction value was $4.25 million based on quarterly average pricing.
In this article UAL Follow your favorite stocks CREATE FREE ACCOUNT A United Airlines plane approaches the runway at Denver International Airport on March 23, 2026. Al Drago | Getty Images United Airlines flight attendants approved a new five-year labor contract with 31% average raises to base pay by August and other improvements, marking the last of the major carriers with unionized flight crews ...
In this article UAL Follow your favorite stocks CREATE FREE ACCOUNT A United Airlines plane approaches the runway at Denver International Airport on March 23, 2026. Al Drago | Getty Images United Airlines flight attendants approved a new five-year labor contract with 31% average raises to base pay by August and other improvements, marking the last of the major carriers with unionized flight crews to reach a deal post-Covid. The labor deal would give United's roughly 30,000 flight attendants their first raises in close to six years. The company and the flight attendants' union reached a preliminary deal in March. Crews had rejected a contract last year. The union said the contract won 82% approval from the flight attendants, with close to 90% of them voting. "The contract will immediately change the lives of United Flight Attendants, especially our thousands of new hires who have been hired since the pandemic," said Ken Diaz, president of the United chapter of the Association of Flight Attendants. The contract also includes boarding pay, or pay for when the aircraft's door is open and travelers are getting on. Airlines had for years started flight attendants' pay clock once the boarding door was closed. The contract comes with a roughly 7% to 8% increase in compensation and $741 million in back pay, as well as quality-of-life improvements like restrictions on red-eye flights and "sit pay" during disruptions of more than 2.5 hours. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
EBay Inc. rejected a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, describing the unsolicited bid as “neither credible nor attractive.” EBay’s board turned down the offer after taking into account “uncertainty” around the financing plan, the operational risks involved and GameStop’s governance, Chairman Paul Pressler said in a letter addressed to Cohen. Pressle...
EBay Inc. rejected a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, describing the unsolicited bid as “neither credible nor attractive.” EBay’s board turned down the offer after taking into account “uncertainty” around the financing plan, the operational risks involved and GameStop’s governance, Chairman Paul Pressler said in a letter addressed to Cohen. Pressler also cited GameStop’s executive incentives and a takeover’s potential impact on eBay’s long-term growth. Bloomberg's Cecilia D'Anastasio joins Bloomberg Intelligence Radio for a closer look. (Source: Bloomberg)
The ‘meme stock’ company is remembered for Reddit traders sending its share price into orbit but its move on the auction site looks less likely to take off “Neither credible nor attractive.” No, not a line from a junior minister’s resignation letter on Tuesday. It was eBay’s succinct appraisal of the bizarre $55.5bn (£41bn) takeover offer from video games retailer GameStop , an affair that offers ...
The ‘meme stock’ company is remembered for Reddit traders sending its share price into orbit but its move on the auction site looks less likely to take off “Neither credible nor attractive.” No, not a line from a junior minister’s resignation letter on Tuesday. It was eBay’s succinct appraisal of the bizarre $55.5bn (£41bn) takeover offer from video games retailer GameStop , an affair that offers light distraction from the sight of UK 10-year gilt yields at 5%-plus. To recap: GameStop is the “meme stock” company that became famous a few years ago when amateur traders on a Reddit forum piled in furiously in an attempt to burn the short-sellers who were betting on the struggling retailer’s demise. Surprisingly, the Redditers succeeded beyond their wildest dreams. The squeeze drove up GameStop’s share price hundredfold, inflicting hell on serious hedge funds and making the company’s chief executive, Ryan Cohen, an anti-establishment hero. Continue reading...
Panasonic has announced a new addition to its Lumix camera line with a compact body and fixed lens that's targeted at photographers instead of creators making video content. The Lumix L10 is available for preorder today with a black or silver finish for $1,499.99. To celebrate the 25th anniversary of the Lumix brand, the L10 will also be available in a titanium gold finish with matching accessorie...
Panasonic has announced a new addition to its Lumix camera line with a compact body and fixed lens that's targeted at photographers instead of creators making video content. The Lumix L10 is available for preorder today with a black or silver finish for $1,499.99. To celebrate the 25th anniversary of the Lumix brand, the L10 will also be available in a titanium gold finish with matching accessories and software for $1,599.99, but only in limited numbers and primarily through Panasonic's online store . The Lumix L10 weighs 508 grams and features a magnesium alloy front case and a metal exterior partially wrapped in a textured finish designed … Read the full story at The Verge.
Defender sustained ‘significant medial ligament injury’ Arsenal without both right-backs with Timber also out Ben White’s World Cup hopes appear to be over after Arsenal said the England defender would miss the rest of the season owing to a knee injury sustained in their win over West Ham on Sunday . White was forced off in the first half of Arsenal’s 1-0 victory and left the London Stadium with h...
Defender sustained ‘significant medial ligament injury’ Arsenal without both right-backs with Timber also out Ben White’s World Cup hopes appear to be over after Arsenal said the England defender would miss the rest of the season owing to a knee injury sustained in their win over West Ham on Sunday . White was forced off in the first half of Arsenal’s 1-0 victory and left the London Stadium with his injured knee in a brace. The Premier League leaders confirmed on Tuesday that the 28-year-old had sustained a “significant medial ligament injury” and would not feature in their final three fixtures, including the Champions League final against Paris Saint-Germain on 30 May. Continue reading...
SOLV Energy, Inc. press release ( MWH ): Q1 GAAP EPS of -$0.20. Revenue of $677M. Gross Profit of $119 million, up 102% year over year Adjusted Gross Profit of $124 million, up 110% year over year Net loss of $(27) million Primarily a result of a one-time, non-cash expense of $521 million related to the modification of legacy equity awards from the reorganization in the IPO Adjusted EBITDA of $93 ...
SOLV Energy, Inc. press release ( MWH ): Q1 GAAP EPS of -$0.20. Revenue of $677M. Gross Profit of $119 million, up 102% year over year Adjusted Gross Profit of $124 million, up 110% year over year Net loss of $(27) million Primarily a result of a one-time, non-cash expense of $521 million related to the modification of legacy equity awards from the reorganization in the IPO Adjusted EBITDA of $93 million, up 174% year over year Total backlog as of March 31, 2026 at $8.2 billion More on SOLV Energy, Inc. SOLV Energy: Valuation Too Low Vs. Peers SOLV Energy, Inc. (MWH) Q4 2025 Earnings Call Transcript SOLV Energy: Powering Higher As A Public Business Largest IPOs of the last 90 days register mixed debut Most and least shorted industrial stocks with over $2B market cap
Building materials and products distributor US LBM Holdings reported sharply weaker first-quarter earnings as operating expenses ramped up and demand continued to soften in one of the starkest examples yet of the pain engulfing the industry. The Bain Capital and Platinum Equity -backed company earlier this week reported earnings before interest, taxes, depreciation and amortization of $14 million,...
Building materials and products distributor US LBM Holdings reported sharply weaker first-quarter earnings as operating expenses ramped up and demand continued to soften in one of the starkest examples yet of the pain engulfing the industry. The Bain Capital and Platinum Equity -backed company earlier this week reported earnings before interest, taxes, depreciation and amortization of $14 million, about 82% less than the same period in 2025, according to people familiar, who asked not to be identified discussing private information. Sales were at $1.38 billion, down almost 14% compared to the prior year. A company spokesperson declined to comment. Representatives for Bain Capital and Platinum Equity didn’t immediately reply to a request for comment. Atlanta-based US LBM already reported a decline in revenue and Ebitda last year, as housing affordability issues are lowering demand for building materials, ratings firm S&P Global wrote in a note in March, affirming a B- rating, six steps into junk territory, and changing the outlook to negative. Competitive pricing pressure and reverse operating leverage from lower volumes are also pushing the company’s credit metrics toward unsustainable levels, S&P analysts wrote. The negative outlook reflects the risk that leverage remains elevated close to 10 times a measure of its earnings, while Ebitda interest coverage approaches 1 time ratio, meaning the company will barely make enough money to cover its interest expenses, according to the note. Other companies in the building materials space have been suffering in recent months, too. In the US, Cornerstone Building Brands , OldCastle BuildingEnvelope and Jeld-Wen , have all tapped advisers as demand for building construction and renovation weakens. Meanwhile in Europe, debt of UK-based Huws Gray and Denmark’s Stark Group have also been trading lower. Pressure is unlikely to ease soon, as the war between the US and Iran continues to push oil prices higher, keeping in turn infla...
On May 12, 2026, Graham Capital Wealth Management disclosed a new position in Coastal Financial (NASDAQ:CCB) , acquiring 49,879 shares in an estimated $4.51 million trade based on quarterly average pricing. According to an SEC filing dated May 12, 2026, Graham Capital Wealth Management initiated a new position in Coastal Financial by acquiring 49,879 shares. The estimated transaction value is $4.5...
On May 12, 2026, Graham Capital Wealth Management disclosed a new position in Coastal Financial (NASDAQ:CCB) , acquiring 49,879 shares in an estimated $4.51 million trade based on quarterly average pricing. According to an SEC filing dated May 12, 2026, Graham Capital Wealth Management initiated a new position in Coastal Financial by acquiring 49,879 shares. The estimated transaction value is $4.51 million, calculated using the average closing price during the quarter. The quarter-end value of the stake was $3.80 million, reflecting both the trade and subsequent share price changes. Coastal Financial is a regional banking institution headquartered in Everett, Washington, operating 14 full-service locations and employing 488 staff. The company leverages a diversified product offering and a growing BaaS platform to expand its reach beyond traditional banking. Continue reading
US Treasury Secretary Scott Bessent echoed his Japanese counterpart Satsuki Katayama by characterizing excess foreign-exchange volatility as undesirable in another indication of tacit US approval of Japan’s recent market intervention. “We both believe that excess volatility is undesirable,” Bessent said Tuesday in Tokyo, as he continued a day of meetings with senior officials in Japan including Ka...
US Treasury Secretary Scott Bessent echoed his Japanese counterpart Satsuki Katayama by characterizing excess foreign-exchange volatility as undesirable in another indication of tacit US approval of Japan’s recent market intervention. “We both believe that excess volatility is undesirable,” Bessent said Tuesday in Tokyo, as he continued a day of meetings with senior officials in Japan including Katayama and Japanese Prime Minister Sanae Takaichi. He confirmed his team will maintain close contact with the finance ministry and said constant communication is the key to good outcomes. We get reaction from Ken Weinstein, Japan Chair at the Hudson Institute. (Source: Bloomberg)
Tensions are running high in Westminster, as Keir Starmer tells his cabinet he’s not going anywhere. But with several ministers quitting the government and more than 80 MPs calling for him to go, how much longer has the prime minister got? Lucy Hough speaks to political editor Pippa Crerar Continue reading...
Tensions are running high in Westminster, as Keir Starmer tells his cabinet he’s not going anywhere. But with several ministers quitting the government and more than 80 MPs calling for him to go, how much longer has the prime minister got? Lucy Hough speaks to political editor Pippa Crerar Continue reading...