Jam

  • CNO Financial Group to Host Virtual Investor Briefing on Tuesday, June 10

    CNO Financial Group (NYSE: CNO) will host a virtual investor briefing on June 10, 2025, from 9-10 AM ET, focusing on its Investment management division. Executives will review strategic portfolio approaches, recent performance metrics, and conclude with a Q&A session featuring Chief Investment Officer Eric Johnson and CFO Paul McDonough. Participants must register via the provided link at least 15 minutes before the event. A recorded archive will be accessible post-event through CNO’s Investor Relations website. Operating via Bankers Life, Colonial Penn, and other brands, CNO serves middle-income Americans with insurance and retirement solutions.

    2 days ago
  • Watts Water Technologies, Inc. to Attend Upcoming Investor Conferences

    Watts Water Technologies (NYSE: WTS) will participate in three major investor conferences from late May to early June 2025, including KeyBanc’s Industrials & Basic Materials Conference (May 28, Boston), Stifel’s Cross Sector Conference (June 3, Boston), and Deutsche Bank’s Global Industrials & Materials Conference (June 5, NYC). CEO Robert J. Pagano Jr. and executives will engage institutional investors, emphasizing operational efficiency gains and ESG product innovation ahead of mid-year earnings. The events underscore Watts’ strategic focus on infrastructure market positioning and investor alignment with evolving macroeconomic and sustainability trends.

    2 days ago
  • St. Augustine Announces Acquisition of Remaining Interest in KingKing Copper Gold Project

    St. Augustine Gold and Copper Limited (TSX: SAU) reached a milestone by acquiring full control of the Philippine-based KingKing Copper Gold Project via a $9.02 million zero-coupon convertible note, allowing debt-to-equity conversion at $0.04875 per share by May 2025. This secures exclusive rights to one of the world’s largest undeveloped copper-gold deposits, potentially accelerating exploration and development under Philippine government priority status. Positive aspects include preserved liquidity and strategic alignment, while risks involve 18.5% shareholder dilution upon conversion and market volatility pressures. Geologically, the porphyry system offers high-grade mineralization across 1,200-meter vertical extents, positioning SAU for future production amid global demand for critical metals.

    2 days ago
  • Codere Online Unveils Rayados Jersey for the 2025 FIFA Club World Cup

    Codere Online (NASDAQ: CDRO) secured exclusive front-of-jersey sponsorship for Mexico’s Club de Futbol Monterrey at the 2025 FIFA Club World Cup, enhancing its global sports betting visibility. The partnership, part of a four-year collaboration, includes commemorative 80th-anniversary kits, fan engagement initiatives, and hourly NASDAQ Tower ads in New York. Codere.mx, its Mexican division, now ranks among top betting platforms, leveraging hyper-localized marketing and AR campaigns to boost user interaction. The alliance aligns with Codere’s expansion across Latin America and Spain amid evolving gaming regulations, supported by a hybrid digital+physical model operating in seven countries. Financial terms undisclosed, but analysts highlight jersey sponsorships as effective CAC strategies against tech-driven rivals.

    3 days ago
  • Pharmacies at Albertsons® Companies Welcome Rite Aid Customers and Employees

    Albertsons Cos. (NYSE: ACI) offers prescription transfer support to Rite Aid customers following its bankruptcy, providing a $15 discount on $75+ groceries for first-time transfers and $15 savings every five refills. Customers can use the Sincerely Health platform for prescriptions, telehealth, and vaccine scheduling (covering flu, COVID-19, etc.), earning $20 off $200+ purchases per administration. The company also extends employment opportunities to displaced Rite Aid workers across 2,270 stores, leveraging its national 1,700-pharmacy network and proximity integration to ensure healthcare continuity. Operating in 34 states, Albertsons combines scale with localized service, supported by 22 distribution hubs and $435M in 2024 community aid.

    3 days ago
  • AECOM to Lead Renovation of Iconic King Fahd International Stadium

    AECOM partners with Saudi Arabia’s Ministry of Sport to modernize Riyadh’s King Fahd Sports City for the 2027 AFC Asian Cup and 2034 FIFA World Cup. Upgrading the 1987 “Pearl of Stadiums” to meet FIFA standards, the project aligns with Vision 2030 goals to diversify the economy, potentially increasing tourism revenue by $40 billion by 2030. AECOM’s expertise in global stadium projects, alongside its Middle East and U.S. teams, will integrate sustainability and smart technologies while enhancing community connectivity. The overhaul supports Saudi Arabia’s ambition to become a premier sports hub and strengthens its non-oil economic strategy.

    3 days ago
  • Teva Announces $2 Billion Senior Notes Offering

    Teva Pharmaceutical Industries has initiated a $2 billion refinancing through euro and dollar-denominated bonds via Dutch subsidiaries to restructure $2 billion in debt maturing between 2026-2031 (including high-coupon sustainability-linked notes). Leveraging current favorable market conditions, the move extends maturities, lowers interest costs, and maintains the parent company’s unconditional guarantees to ensure investor confidence. While introducing modest structural complexity, the strategy aligns with industry-wide debt optimization practices, mirroring recent Big Pharma restructurings.

    3 days ago
  • Alvotech Shares Begin Trading on Nasdaq Stockholm Today

    Alvotech, a global biosimilar medicines developer, commenced trading on Nasdaq Stockholm on May 19, 2025, via an oversubscribed SDR offering (441,600 SDRs at SEK 87.51 each, raising SEK 39M). This triple-listing (including Nasdaq Global and Iceland) enhances liquidity and European investor access, while the pending acquisition of Xbrane Biopharma’s R&D operations in Sweden supports scientific expansion. Despite a 10% SDR price discount and added operational complexity, the move aims to strengthen Nordic presence, diversify funding sources, and capitalize on robust biotech investment interest in Europe.

    3 days ago
  • Halliburton Launches EarthStar® 3DX Horizontal-Look-Ahead Resistivity Service to Unlock Subsurface Potential

    Halliburton introduced EarthStar 3DX, the first 3D ultra-deep horizontal look-ahead resistivity service, enabling real-time geological mapping 50 feet ahead of drill bits. This innovation allows proactive trajectory adjustments in challenging environments, reducing costly sidetracking and wellbore instability risks, especially in unconventional plays like Permian and Eagle Ford. Integrated with the iStar drilling platform, it competes against Schlumberger’s DELFI and Baker Hughes’ Adventure™, aligning with sustainability goals by enabling longer laterals with lower carbon intensity amid tightening industry margins and regulations. 98 words.

    3 days ago
  • BGC Group’s FMX Futures Exchange Launches U.S. Treasury Futures

    BGC Group launched FMX Futures Exchange on May 18, 2025, introducing 2- and 5-year U.S. Treasury futures with ten top institutions. Partnering with LCH Limited enables cross-margining efficiencies, integrating BGC’s existing cash Treasuries and FX platforms to create a multi-asset risk management ecosystem. The move angles to challenge CME’s dominance (85% market share) by offering tech-driven pricing and algorithmic tools, while addressing regulatory scrutiny of vertically integrated exchanges. With 17 asset classes and 2,000+ global institutions, the Infrastructure & Exchanges segment now underpins BGC’s Q2 earnings outlook.

    3 days ago