Market Expansion and Collaborations
Magnite (NASDAQ:MGNI) has expanded its Magnite Audiences solution to India and Southeast Asia. This initiative will allow publishers to monetize their first-party data effectively while enabling advertisers to broaden their reach. Read More
Lilly (NYSE:LLY) and EVA Pharma have announced the approval of locally manufactured insulin glargine in Egypt. This collaboration underscores their commitment to providing affordable treatments to underserved markets. Read More
URvet Care has announced a partnership with Trupanion (NASDAQ:TRUP) to implement their Vet Direct Pay solution, joining over 11,000 veterinary hospitals across North America. This collaboration enables Trupanion to directly pay their portion of pet medical bills to URvet Care at checkout in under a minute. Read More
Canadian Pacific Kansas City (CPKC) has completed construction of a new international railway bridge span connecting Laredo, Texas, to Nuevo Laredo, Tamaulipas. The US$100 million project more than doubles CPKC's capacity at North America's largest international trade port of entry. Read More
Financial Updates and Strategic Initiatives
Norwood Financial Corp (NASDAQ:NWFL) has announced the launch of an underwritten public offering of its common stock. The company plans to use net proceeds to support bank subsidiary capital ratios, general corporate purposes, and potential acquisitions. Read More
Danimer Scientific (NYSE:DNMR) has issued a super senior secured promissory note for $11,250,000 to existing term loan lenders and additional lenders. The funding aims to strengthen the company's balance sheet and provide liquidity. Read More
Caledonia Mining (NYSE:CMCL) entered into an 'At the Market' sales agreement to raise funds for developing its Bilboes sulphide project, with plans to publish new feasibility studies soon. Read More
Pfizer (NYSE:PFE) provided its 2025 financial guidance, aiming for revenue up to $64 billion, and reaffirmed its 2024 projections amidst significant cost-saving achievements. Read More
EnerSys (NYSE:ENS) has announced increased benefits from the IRA Section 45X tax credits, prompting a rise in its Q3 FY2025 adjusted EPS guidance to $3.00-3.10. Read More
Origin Materials (NASDAQ:ORGN) announced a leadership transition to a single CEO structure, with Co-Founder John Bissell becoming the sole Chief Executive Officer effective December 31. Read More
CommScope (NASDAQ:COMM) has announced a comprehensive refinancing transaction, securing $4.15 billion in new debt financing, aimed at strengthening their capital structure. Read More
Algorhythm Holdings (Nasdaq:RIME) has announced a $2 million registered direct offering through the sale of 24,067,388 shares of common stock. This reflects a strategic move expected to close around December 18, 2024. Read More
Prairie Operating Co. (PROP) has secured a multi-year Reserve-Based Lending (RBL) credit facility with Citibank, enhancing its financial flexibility in the DJ Basin. The facility provides an initial commitment of $44 million with potential expansion up to $1 billion. Read More
Technological Advancements and Product Launches
Mondelēz International (MDLZ) has announced a strategic partnership with Amazon Web Services as its primary cloud provider, enhancing digital innovation and operational efficiency. Read More
AEye (Nasdaq:LIDR) announced it will showcase its Apollo lidar sensor at CES 2025 in Las Vegas. The sensor recently achieved a milestone by detecting objects at distances up to one kilometer. Read More
WiMi Hologram Cloud (NASDAQ:WIMI) has developed a new FPGA-based design solution for simulating quantum computing concepts, significantly improving computation times and resource utilization. Read More
Applied Digital (Nasdaq:APLD) has achieved a significant milestone in its Ellendale HPC data center development with the successful energization of its on-site main substation transformer. Read More
Nanobiotix (NBTX) announced a virtual event titled 'Accelerating the Future of Nanotherapeutics', scheduled for December 19, 2024, showcasing its Curadigm Nanoprimer Platform. Read More
Industry Movements and Legal Affairs
Seadrill (NYSE:SDRL) has secured contracts for two drillships with Petrobras in Brazil. The West Jupiter and West Tellus contracts will add nearly $1 billion to Seadrill's backlog. Read More Read More
Hansa Biopharma announced positive full results from its Phase 2 study of imlifidase in Guillain-Barré Syndrome, showing that patients treated with imlifidase plus IVIg recovered faster compared to standard therapy. Read More
Oil States International (NYSE:OIS) has announced the completion of a previously idled facility sale, generating $24.8 million in net proceeds. The company has also repurchased 1.5 million shares under its share repurchase plan. Read More
NeuroMetrix (NURO) has announced a definitive merger agreement with electroCore (ECOR). The acquisition is expected to enhance electroCore's position in bioelectronic medicine and wellness with its Quell platform. Read More Read More
J. M. Smucker Company (NYSE:SJM) has announced pricing terms for its cash tender offers to purchase up to $300 million aggregate purchase price of its senior notes. Read More
Vistra (NYSE:VST) announced two significant developments in Illinois: the connection of two utility-scale solar projects to the grid and the extension of its Baldwin Power Plant operations through 2027. Read More
The J. M. Smucker Company (NYSE:SJM) has announced pricing terms for its cash tender offers to purchase up to $300 million aggregate purchase price of its senior notes. Read More
