Major Announcements
SolarWinds (SWI) has announced a definitive agreement to be acquired by Turn/River Capital in an all-cash transaction valued at $4.4 billion. This acquisition represents a 35% premium over SolarWinds' 90-day volume-weighted average price, marking a significant shift in its market presence (view details).
CSL Behring (CSLLY) released four-year data from its HOPE-B study on HEMGENIX® gene therapy for hemophilia B, showing sustained efficacy and safety. Significant findings include a 90% reduction in annualized bleeding rates, with 94% of patients free from prophylaxis (full report).
Prairie Operating Co. (PROP) announces a significant acquisition of DJ Basin assets for $603 million alongside a $200 million public offering to boost its production footprint dramatically (sale details).
McEwen Mining (MUX) has initiated an upsized offering of $95 million in convertible senior notes to support strategic project developments.
Nordstrom (JWN) plans to open a new Nordstrom Rack in Longmont, CO by fall 2025, broadening its footprint in the region under its 'Closer to You' initiative (expansion insights).
Financial Results and Growth
Kimco Realty (KIM) posted strong financials, achieving the high end of its 2024 outlook, positioning Kimco favorably for 2025 (read more).
Freedom Holding Corp. (FRHC) reported a 57% increase in Q3 revenue, now totaling $655.2 million, driven by brokerage and banking segments (report details).
Friedman Industries (FRD) reported Q3 fiscal 2024 results with sales of $94.1 million and a net loss of $1.2 million. The flat-roll segment recorded operating profits on increased sales orders post-election (full report).
United Bancorp (UBCP) reported a slight decrease in Q4 2024 net income to $1.85 million, with full-year results achieving $7.4 million. Despite margin pressure, average assets grew 3.2% year-over-year (learn more).
Mexco Energy (MXC) posted net income of $1,077,370 for the nine months ending December 31, 2024, supported by increased production volumes (details).
Strategic Moves and Expansions
Endeavour Silver (EXK) advances its Terronera Project, nearing 90% completion, a milestone that greatly enhances the company's operational outlook (full update).
SunCar Technology Group (SDA) announced a $30 million share repurchase program as digitalized B2B auto services gain traction in China, indicating confidence in their market position (program details).
The Shyft Group (SHYF) will announce its fourth quarter and full-year 2024 financial results on February 20, 2025, suggesting strategic transparency in specialty vehicle production (press release).
Goodyear (GT) prepares to reveal its fourth quarter and full-year 2024 results on February 13, 2025, followed by an investor call Sharpening focus on financial performance metrics (plan details).
Innovations and Operational Highlights
Nutriband Inc. (NTRB) received a Notice of Allowance for its Aversa™ abuse deterrent technology, enabling potential breakthroughs in drug misuse prevention (patent details).
Eledon Pharmaceuticals (ELDN) reported advancements in organ transplant resilience with successful use of tegoprubart in pioneering pig-to-human kidney transplants (transplant update).
Polaris (PII) achieved a historic win at the King of the Hammers UTV Hammers Championship, enhancing brand prestige in off-road racing circles (race highlights).
Mynaric (MYNA) secured new financing to manage its financial challenges, including a $28 million bridge loan and reorganization under StaRUG, to stave off potential insolvency (restructuring details).
Bit Digital (BTBT) released its January production update, showcasing unaudited HPC revenue of $4.9 million, highlighting robust treasury holdings in BTC and ETH (full update).
