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CSX Corporation Confirms Quarterly Dividend Declaration
October 04, 2024 10:52 PM AEST| By Team Kalkine MediaHighlights:,CSX announces a quarterly dividend of $0.12 per share on common stock.,The dividend, approved by the Board of Directors, will be payable on December 13, 2024.,Shareholders of record on November 29, 2024, will qualify for the dividend.,CSX...
Beneficient's Board of Directors Enhanced by the Appointment of Patrick J. Donegan
October 04, 2024 10:48 PM AEST| By Team Kalkine MediaHighlights:,Patrick J. Donegan appointed as an independent member of Beneficient's Board of Directors, effective September 30, 2024.,Donegan brings nearly 30 years of experience in compliance, legal, banking, and capital markets.,He will serve on mul...
Rivian Updates 2024 Production Outlook and Releases Q3 Production and Delivery Data
October 04, 2024 10:41 PM AEST| By Team Kalkine MediaHighlights:,Rivian Automotive produced 13,157 vehicles and delivered 10,018 vehicles in Q3 2024.,Annual production guidance has been revised to a range of 47,000 to 49,000 vehicles due to production disruptions.,The company reaffirms its annual deliv...
Phoenix Motor’s First Quarter of 2024 Features Record Revenue of $9.4 Million and Net Income of $14.8 Million
October 04, 2024 10:35 PM AEST| By Team Kalkine MediaHighlights:,Achieved record financial results for Q1 2024, with a significant increase in net revenues and a notable turnaround in net income.,Successfully completed the acquisition of Proterra's Transit business and battery lease portfolio, expandin...
Positive Price Target Assigned to Anglo Asian After Operations Resume in Azerbaijan
October 04, 2024 09:06 PM AEST| By Team Kalkine MediaHighlights,Buy Rating Reaffirmed:,SP Angel has maintained a "buy" rating for Anglo Asian Mining PLC, with a target price of 308 pence following the restart of operations at the Gedabek Gold/Copper Mine in Azerbaijan.,Production Growth:,The company is...
Capricorn Energy Positioned for $50 Million Bonus After Senegal Sale
October 04, 2024 08:57 PM AEST| By Team Kalkine MediaHighlights,Contingent Payment Notification:,Capricorn Energy PLC is set to receive a contingent payment of up to $50 million from its previous asset sale in Senegal to Woodside Petroleum in 2025, following the confirmation of continuous production fr...
Electric Vehicle Subsidies Requested by Carmakers as Discounts Near £2 Billion
October 04, 2024 06:36 PM AEST| By Team Kalkine MediaHighlights,There are increasing calls for government support for Britain's electric vehicle (EV) industry, as sales are projected to fall short of a mandated target in its inaugural year.,Carmakers are collectively offering £2 billion in discounts to...
Ilika's Goliath Battery Program Reaches Important Milestone
October 04, 2024 06:23 PM AEST| By Team Kalkine MediaHighlights,Ilika PLC has successfully completed testing of its Goliath D5 solid-state battery prototypes, demonstrating superior safety compared to traditional lithium-ion power cells.,Independent assessments indicate that Goliath batteries are safer...
Tesla's Business Value Hit by $23 Billion Following Recall Incident
October 04, 2024 06:18 PM AEST| By Team Kalkine MediaHighlights,Tesla Inc shares fell 3.4% after hours, resulting in a $23 billion decrease in market value due to a recall of over 27,000 Cybertrucks.,This recall marks Tesla's fifth for the Cybertruck in 2024, primarily addressing issues with delayed re...
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Summit Therapeutics Completes Enrollment in HARMONi Trial for NSCLC Treatment
October 04, 2024 02:56 PM AEST| By Team Kalkine MediaKey Highlights,HARMONi Trial Enrollment: The trial successfully enrolled patients across North America, Europe, and China, marking a significant milestone in global clinical research.,FDA Fast Track Designation: The U.S. Food and Drug Administration...
Amkor Technology and TSMC Forge Collaboration to Enhance Arizona's Semiconductor Ecosystem
October 04, 2024 02:52 PM AEST| By Team Kalkine MediaKey Highlights,Turnkey Services Agreement: TSMC will contract Amkor for advanced packaging and test services at a planned facility in Peoria, Arizona.,Accelerated Product Cycle Times: Proximity between TSMC’s fabrication plant and Amkor’s packaging f...
Calumet, Inc. (NASDAQ: CLMT) Finalizes Agreements with Stonebriar Commercial Finance
October 04, 2024 02:49 PM AEST| By Team Kalkine MediaKey Highlights,Asset Sale and Leaseback Agreement: Calumet Montana Refining, LLC sold assets for $150 million, initiating a leaseback agreement to maintain operational continuity.,Early Termination Options: Montana Renewables, LLC amended existing ag...
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Editas Medicine Secures $57 Million Through License Fee Sale
October 04, 2024 02:46 PM AEST| By Team Kalkine MediaHighlights,Editas has announced a financial transaction involving the sale of future license fees owed under its Cas9 license agreement with Vertex Pharmaceuticals.,Under the terms of the agreement, Editas Medicine is set to receive an upfront paymen...
Thoughtworks (NASDAQ:TWKS) and AI Singapore Collaborate to Enhance GenAI Reliability
October 04, 2024 02:45 PM AEST| By Team Kalkine MediaHighlights,Strategic Partnership: Thoughtworks collaborates with AI Singapore to enhance the reliability of Generative AI applications.,Innovative Research Initiatives: Joint efforts focus on advancing cutting-edge AI technologies and training progra...
Constellation Brands Faces Mixed Q2 Amid Spirits Decline
October 04, 2024 07:48 AM AEST| By Team Kalkine MediaHighlights,Constellation Brands reported a decline in wine and spirits sales, offsetting the positive performance from its strong beer sales in the second quarter of fiscal 2025.,Despite the drop in wine and spirits, adjusted earnings per share excee...
Cal-Maine Foods Stock Up After Quarterly Report
October 04, 2024 07:06 AM AEST| By Team Kalkine MediaHighlights,Cal-Maine Foods' quarterly results showed mixed outcomes, with revenue surpassing expectations but earnings per share falling below forecasts.,Despite the EPS miss, experts have raised their revenue and earnings estimates for next year, in...
SelectQuote Sees Sharp Decline After Positive Year
October 04, 2024 07:04 AM AEST| By Team Kalkine MediaHighlights,SelectQuote’s stock has dropped by nearly half in the past month, but it is still up significantly over the past year, leaving investors questioning the sharp decline.,Despite the drop, SelectQuote has shown strong revenue growth over the...
Theriva Advances Clinical Trial with Positive Data
October 04, 2024 07:02 AM AEST| By Team Kalkine MediaHighlights,Theriva Biologics reported positive safety and pharmacokinetic data from the second cohort of its ongoing clinical trial for SYN-004, designed to prevent acute graft-versus-host disease in allogeneic hematopoietic cell transplant patients....
Microsoft and Rezolve Collaborate to Enhance Retail AI
October 04, 2024 07:00 AM AEST| By Team Kalkine MediaHighlights,Microsoft and Rezolve AI have entered a strategic partnership to bring AI-powered commerce solutions to retailers globally, using Microsoft Azure as the foundation for these technologies.,The partnership will offer advanced tools, includin...
MicroCloud Hologram Announces Major Share Capital Changes
October 04, 2024 06:59 AM AEST| By Team Kalkine MediaHighlights,MicroCloud Hologram shareholders have approved a 20-to-1 share consolidation, significantly reducing the number of outstanding shares and aligning with NASDAQ requirements.,The company is increasing its authorized share capital, enabling m...
