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Day: August 4, 2025

Praxis Precision Medicines Provides Corporate Update and Reports Second Quarter 2025 Financial Results

RADIANT study with vormatrigine in focal onset seizure (FOS) patients over eight weeks demonstrated 56.3% median reduction in seizure frequency from baseline, with 22% at 100% seizure reduction in last 28 days Initiated two registrational studies for Developmental and Epileptic Encephalopathies (DEEs) programs: EMERALD for broad DEEs with relutrigine and EMBRAVE3 for SCN2A Gain-of-Function (GoF) with elsunersen Relutrigine granted U.S. FDA Breakthrough Therapy Designation for the treatment of seizures associated with SCN2A and SCN8A DEEs, enabling expedited development Cash and investments of approximately $447 million as of June 30, 2025 maintains runway into 2028 Praxis to host a conference call today, August 4, at 8:30am to discuss Phase 2 RADIANT study results and provide a corporate update BOSTON, Aug. 04, 2025 (GLOBE NEWSWIRE)...

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Festi hf.: Buyback program week 31

In week 31 2025, Festi purchased in total 140,000 own shares for total amount of 42,700,000 ISK as follows:Week Date Time Purchased shares Share price Purchase price31 28.7.2025 15:06:00 35.000 305 10.675.00031 30.7.2025 11:37:29 65.000 305 19.825.00031 31.7.2025 11:26:16 40.000 305 12.200.000      140.000   42.700.000The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021. Before the purchase Festi held 926,226 own shares or 0.30% of issued shares. Festi has now bought in total 820,000 own shares for 244,640,000 ISK and holds today 1,066,226 own shares or 0.34%...

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Verb Technology Company (Nasdaq: VERB) Announces Approximately $558 Million Private Placement to Establish First Publicly Listed TON Treasury Strategy Company, in Partnership with Kingsway Capital

Upsized and oversubscribed PIPE offering by Verb Technology Company Inc. (Nasdaq: VERB) expected to deliver approximately $558 million in gross proceeds Company is expected to create the first publicly traded treasury reserve of Toncoin, the native cryptocurrency of The Open Network blockchain, which has an exclusive partnership with Telegram, the world’s second largest messenger with over one billion monthly active users Deeply experienced team expected to be led by Executive Chairman Manuel Stotz, Founder & CEO of Kingsway Capital and President of the TON Foundation, supported by a strategic partnership with Blockchain.com Over 110 institutional and crypto-native investors subscribed to the deal, led by Kingsway Capital and anchored by Vy Capital, Blockchain.com, Ribbit Capital, and Graticule (GAMA) Transaction expected to close...

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Foresight and Indian Drone Manufacturer Win Grant for $5 Million Project to Commercialize Autonomous Industrial Drones

The global drone inspection and monitoring market is projected to reach $21.3 billion by 2027, driven by demand in industries such as oil and gas, mining, critical infrastructure, and manufacturing Ness Ziona, Israel, Aug. 04, 2025 (GLOBE NEWSWIRE) — Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced the approval of its joint development and commercialization project with Big Bang Boom Solutions Pvt. Ltd. (“Big Bang”), a leading Indian drone manufacturer, under the India-Israel Industrial research & development (R&D) and Technological Innovation Fund (“I4F”). With a budget of $5 million, the project is scheduled to begin in September 2025 and will span a 24-month period. The goal of the project is to gradually...

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onsemi Reports Second Quarter 2025 Results

Returned over 100% of free cash flow year-to-date through share repurchases SCOTTSDALE, Ariz., Aug. 04, 2025 (GLOBE NEWSWIRE) — onsemi (the “Company”) (Nasdaq: ON) today announced its second quarter 2025 results with the following highlights:Revenue of $1,468.7 million GAAP gross margin and non-GAAP gross margin of 37.6% GAAP operating margin and non-GAAP operating margin of 13.2% and 17.3%, respectively GAAP diluted earnings per share and non-GAAP diluted earnings per share of $0.41 and $0.53, respectively Cash from operations of $184.3 million and free cash flow of $106.1 million“Our ongoing transformation is resulting in a more predictable business model, reflecting the strength of our strategy and our commitment to long-term value creation. We are beginning to see signs of stabilization across our end markets, and we remain...

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Mural Oncology Announces Second Quarter Financial Results and Provides Business Update

Mural continues to explore strategic alternatives Estimates cash and cash equivalents of approximately $43 to $48 million at December 31, 2025, if it has not consummated a transaction or other strategic alternative by year end WALTHAM, Mass. and DUBLIN, Aug. 04, 2025 (GLOBE NEWSWIRE) — Mural Oncology plc (Nasdaq: MURA), today announced its financial results for the second quarter of 2025 and provided a business update. On April 15, 2025, Mural announced that it was discontinuing all clinical development of its lead product candidate, nemvaleukin alfa, and was commencing the exploration of strategic alternatives focused on maximizing shareholder value. The Company is continuing to explore strategic alternatives. Following its announcement on April 15, 2025, Mural has taken steps to conserve its remaining cash, including the implementation...

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Lendlease Global Commercial REIT Reports 1.8% Year-on-Year Increase in Distribution Per Unit in 2H FY2025

Key HighlightsPost financial year end, the Manager entered into an agreement to divest Jem office for S$462.0 million, in line with valuation. The transaction will strengthen Lendlease REIT’s capital structure, positioning it for future growth. Distribution per unit (“DPU”) for 2H FY2025 grew 1.8% year-on-year (“YoY”) to 1.80 cents. A more favourable interest rate outlook is expected to contribute positively towards distribution performance. Cost of debt for the financial year is at 3.46% per annum with interest coverage ratio (“ICR”)1,2 improved to 1.6 times. Portfolio valuation increased 2.2% YoY mainly supported by a positive outlook for our Singapore assets. The portfolio experienced positive rental growth, with a 10.2%3 reversion in retail and a 1.7%4 uplift in Milan’s commercial Building 1 and 2.SINGAPORE, Aug. 04, 2025 (GLOBE...

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Jefferson Capital to Announce Second Quarter 2025 Results

MINNEAPOLIS, Aug. 04, 2025 (GLOBE NEWSWIRE) — Jefferson Capital, Inc. (“Jefferson Capital”), a leading analytically driven purchaser and manager of charged-off and insolvency consumer accounts, today announced that it will release financial results for the second quarter 2025 after the market close on Thursday, August 14, followed by a webcast at 5:00 pm Eastern Time that day to discuss the Company’s results. The live webcast and archived replay can be accessed in the investor relations section of the Company’s website at https://investors.jcap.com/news-events/events.   About Jefferson Capital, Inc.Founded in 2002, Jefferson Capital is an analytically driven purchaser and manager of charged-off and insolvency consumer accounts with operations in the United States, Canada, the United Kingdom and Latin America. It purchases...

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Stingray Acquires The Singing Machine Company to Bolster its In-Car Karaoke Offering with Integrated Microphones

MONTREAL, Aug. 04, 2025 (GLOBE NEWSWIRE) — Stingray Group (TSX: RAY. A; RAY.B), an industry leader in music and video content distribution, business services, and advertising solutions, today announced it has acquired the assets of The Singing Machine Company, the worldwide leader in consumer karaoke products and hardware, cementing its leadership in the global karaoke market. This acquisition builds on a successful long-term partnership between the two companies and solidifies Stingray’s position in the karaoke industry by integrating a beloved hardware brand into its extensive portfolio of multi-platform music services. The deal involves the acquisition of The Singing Machine’s global home karaoke business, including all associated intellectual property, customer, supplier contracts and inventory. A key focus will...

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Tyson Foods Reports Third Quarter 2025 Results

Multi-Protein Portfolio and Operational Focus Fuel Continued Top and Adjusted Bottom-Line Gains SPRINGDALE, Ark., Aug. 04, 2025 (GLOBE NEWSWIRE) — Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results:(in millions, except per share data) Third Quarter   Nine Months Ended    2025   2024   2025   2024  Sales $ 13,884   $ 13,353   $ 40,581   $ 39,744                           Operating Income $ 260   $ 341   $ 940   $ 884  Adjusted1 Operating Income (non-GAAP) $ 505   $ 491   $ 1,679   $ 1,308                           Net Income Per Share Attributable to Tyson $ 0.17   $ 0.54   $ 1.20   $ 1.25  Adjusted1 Net...

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