HiTek Global ( HKIT ) on Wednesday said it will carry out a 50-for-1 share consolidation of its Class A ordinary shares, effective April 6, 2026. The company said its shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market from that date under the same ticker symbol. HiTek said the move is aimed at meeting the minimum bid price requirement for continued listing on Nasdaq. ...
HiTek Global ( HKIT ) on Wednesday said it will carry out a 50-for-1 share consolidation of its Class A ordinary shares, effective April 6, 2026. The company said its shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market from that date under the same ticker symbol. HiTek said the move is aimed at meeting the minimum bid price requirement for continued listing on Nasdaq. The consolidation will convert every 50 shares into one share, with no fractional shares issued and any fractions rounded to the nearest whole share. HKIT -19.13% premarket to $0.0465. Source: Press Release More on Hitek Global Financial information for Hitek Global
Eoneren Shares of Nuvation Bio ( NUVB ) rose in the premarket on Wednesday after the company announced that it amended an existing agreement with Daiichi Sankyo ( DSKYF ) to obtain exclusive global rights to safusidenib, an experimental brain cancer therapy. The Phase 3 asset was previously being jointly developed by Nuvation Bio ( NUVB ) in partnership with Daiichi ( DSNKY ) as part of a 2020 lic...
Eoneren Shares of Nuvation Bio ( NUVB ) rose in the premarket on Wednesday after the company announced that it amended an existing agreement with Daiichi Sankyo ( DSKYF ) to obtain exclusive global rights to safusidenib, an experimental brain cancer therapy. The Phase 3 asset was previously being jointly developed by Nuvation Bio ( NUVB ) in partnership with Daiichi ( DSNKY ) as part of a 2020 licensing deal, which handed the Japanese drugmaker rights to develop and commercialize safusidenib in Japan. Under the amended agreement, Nuvation Bio ( NUVB ) will secure global rights to the drug, including in Japan, and as a result will expand its Phase 3 SIGMA study of safusidenib into Japan. The pivotal trial is designed to evaluate safusidenib versus placebo as a late-line maintenance therapy for patients with high-risk IDH1-mutant astrocytoma, a cancer of the central nervous system. The pivotal portion of SIGMA, which involves about 300 patients, is expected to generate data in 2029. More on Nuvation Bio, Daiichi Sankyo Company Nuvation Bio Inc. (NUVB) Presents at The Citizens Life Sciences Conference 2026 Transcript Nuvation Bio Inc. (NUVB) Presents at TD Cowen 46th Annual Health Care Conference Transcript Nuvation Bio Inc. (NUVB) Q4 2025 Earnings Call Transcript Nuvation Bio, Eisai application for taletrectinib for NSCLC accepted by EMA Highest and lowest quant-rated healthcare stocks above $10B cap after earnings season
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at Ghana’s plans to boost local ownership of gold mines as well as: Mozambique’s early repayment of an IMF loan Africa’s biggest fund manager looking for a buyer for its chicken business And Coca-Cola investing $1 billion...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at Ghana’s plans to boost local ownership of gold mines as well as: Mozambique’s early repayment of an IMF loan Africa’s biggest fund manager looking for a buyer for its chicken business And Coca-Cola investing $1 billion in South Africa Keeping It in the Family A three-decade-old Ghanaian mine owned by Gold Fields has become a bellwether for the West African nation’s ambitions to boost local ownership in a key sector. Mature mines — unloved by multinational operators and in need of a new lease of life — should be perfect candidates for takeovers by homegrown companies in Africa’s biggest gold producer. Yet elevated bullion prices mean that even old assets are coveted by international players with deep pockets. When Newmont offloaded the Akyem project in 2024, domestic businesses couldn’t compete with the $1 billion offered by China’s Zijin Mining. To avoid being priced out this time round, Ghana’s government has limited a tender for Gold Fields’ Damang mine — which will be transferred to the state on April 18 — to companies wholly owned by its own citizens . Gold Fields, prioritizing other projects in a globe-spanning portfolio, had been weighing up whether to sell Damang but the authorities upended those plans by refusing to renew the mine’s lease. Swirling in the background are negotiations around extending licenses for the company’s larger Tarkwa operation. Engineers and Planners — a well-known contracting firm owned by President John Mahama’s brother that already works at Gold Fields’ assets in Ghana — has been linked with acquiring Damang. The trend aligns with the push by African leaders – from Mali to Zimbabwe – for a chunkier share of revenues generated by their minerals. The same aspiration motivates Ghana’s introduction earlier this month of significantly higher royalty rates for...
(RTTNews) - While reporting financial results for the third quarter on Tuesday, frozen potato products supplier Lamb Weston Holdings, Inc. (LW) raised its net sales guidance for the full-year 2026.
(RTTNews) - While reporting financial results for the third quarter on Tuesday, frozen potato products supplier Lamb Weston Holdings, Inc. (LW) raised its net sales guidance for the full-year 2026.
KanawatTH/iStock via Getty Images I previously covered Upstart Holdings, Inc. (NASDAQ: UPST ) in January 2026, discussing why I had reiterated my Buy rating then, thanks to the materialization of a much needed correction from the prior highs, the consequently cheaper valuations, and the excellent insights offered by the established trading pattern. This was on top of the fintech's notably improved...
KanawatTH/iStock via Getty Images I previously covered Upstart Holdings, Inc. (NASDAQ: UPST ) in January 2026, discussing why I had reiterated my Buy rating then, thanks to the materialization of a much needed correction from the prior highs, the consequently cheaper valuations, and the excellent insights offered by the established trading pattern. This was on top of the fintech's notably improved operating leverage from the prior lack of profitability, the excellent monetization of its AI lending platform, and the robust tailwinds arising from the likely to be lower borrowing cost environment in 2026. In this article, I shall discuss why I am cautiously reiterating my Buy rating for the UPST stock, albeit preferably nearer to the 2023/2024 trading floor of $20s for an improved margin of safety. My optimism is attributed to the improved risk/reward from the uncertain macroeconomic environment/ongoing selloff, their profitable growth prospects as observed in the 2025-2028 targets, and their oversold technical indicators. This is despite the intermediate term risks from the uncertain macroeconomic/geopolitical environment and the elevated short interest ratio. UPST Faces Numerous Headwinds & Tailwinds UPST 1Y Stock Price (TradingView) Since my last Hold rating, the bears have proven my bullish thesis wrong, as UPST lost more than half of its value while breaching its uptrend support line established since May 2023, with a similar correction also observed in its fintech peers in varying degrees. Part of their headwinds may be attributed to the uncertain macroeconomic / geopolitical uncertainties and the likely to be higher interest rate environment , with it likely to trigger headwinds to the fintech's loan origination business. As a result of the potentially impacted prospects, I can understand why the market has decided to de-risk first and ask questions later, as observed in UPST's steep meltdown of -71.6% from the 52-week high along with the Global X FinTech ETF ( ...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . The fall in oil prices today has given some reprieve to markets following US President Donald Trump’s suggestion that he’s keen to withdraw from the war in Iran sooner rather than later. In Europe, however, rising energy costs, captur...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . The fall in oil prices today has given some reprieve to markets following US President Donald Trump’s suggestion that he’s keen to withdraw from the war in Iran sooner rather than later. In Europe, however, rising energy costs, captured in a slew of inflation data this week, are causing alarm. The conflict in the Middle East has added €14 billion ($16.2 billion) to the cost of the European Union’s fossil fuel imports, the bloc’s energy commissioner, Dan Jorgensen, said following yesterday’s meeting of EU energy ministers. Today, the European Commission unveiled a limited tweak to its Emissions Trading System, ahead of a broader revision in July. The ETS has been the cornerstone of the EU’s climate policy since it was launched in 2005. But the cap and trade system has come in for criticism from energy-intensive companies covered by the scheme and some governments of late. The commission, the EU’s executive arm, proposed today adjusting the ETS in a bid to limit volatility. While stopping short of immediately releasing additional volumes into the market, it proposed scrapping the invalidation of certain permits in its Market Stability Reserve – a mechanism that controls supply in the carbon market. The measure effectively means the EU aims to limit carbon price volatility by boosting the number of permits it can keep in reserve for potential future releases in case of any price swings. That is a less aggressive move than some traders had priced in. As affected industries assess the impact of the new proposal, Brussels has been urging EU countries to take steps at national level to save energy, particularly in the transport sector. Securing agreement between the EU’s 27 members on energy policy will be a challenge, however. As we report today , yesterday’s meeting of energy ministers laid bare divisions be...
By issuing a joint five-point plan on the Iran crisis on Tuesday, China and Pakistan have laid out what Chinese analysts described as a “feasible path” towards a ceasefire and renewed diplomacy. At the same time, the move quietly signalled an early effort to shape the post-war Middle East order in a region where the long-standing US-dominated security framework was already facing growing strain an...
By issuing a joint five-point plan on the Iran crisis on Tuesday, China and Pakistan have laid out what Chinese analysts described as a “feasible path” towards a ceasefire and renewed diplomacy. At the same time, the move quietly signalled an early effort to shape the post-war Middle East order in a region where the long-standing US-dominated security framework was already facing growing strain and uncertainty, the observers said. In recent weeks, regional powers have emerged as mediators to...