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The Klein Law Firm Announces a Class Action Filed on Behalf of Macquarie Infrastructure Corporation Shareholders and a Lead Plaintiff Deadline of June 25, 2018

May 08, 2018 21:05 pm UTC| Business

NEW YORK, May 08, 2018 -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Macquarie Infrastructure Corporation (NYSE:MIC) who purchased shares between February 22,...

Foamix Reports First Quarter 2018 Financial Results and Provides Corporate Update

May 08, 2018 21:04 pm UTC| Business

REHOVOT, Israel, May 08, 2018 -- Foamix Pharmaceuticals Ltd. (NASDAQ:FOMX) (“Foamix” or the “Company”), a clinical stage specialty pharmaceutical company focused on developing and commercializing proprietary topical...

Musikfest, Nation's Largest Free Music Festival, Announces Lineup for 35th Year Aug. 3-12

May 08, 2018 21:02 pm UTC| Business

Bethlehem, PA, May 08, 2018 -- Jason Mraz, Brantley Gilbert, Jim Gaffigan, Kesha, Marc Broussard, Colony House, Marshall Crenshaw, Squirrel Nut Zippers, the Original Wailers, We are Scientists and !!! are among the...

Pacific Biosciences Announces Favorable Outcome in UK and German Patent Litigation Against Oxford Nanopore

May 08, 2018 21:00 pm UTC| Business

MENLO PARK, Calif., May 08, 2018 -- Pacific Biosciences of California, Inc. (Nasdaq:PACB), the leader in long-read, high-resolution sequencing, today announced that it has entered into a five-year settlement agreement...

Hill International Announces Restatement Filing

May 08, 2018 21:00 pm UTC| Business

PHILADELPHIA, May 08, 2018 -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it filed the restatement of its previously issued financial statements for the years...

Reata Pharmaceuticals, Inc. Announces First Quarter 2018 Financial Results and an Update on Development Programs

May 08, 2018 21:00 pm UTC| Business

CATALYST TRIAL IN CTD-PAH FINAL SAMPLE SIZE SET AT 200; TOP-LINE DATA EXPECTED IN THE FIRST HALF OF 2020 PHOENIX TRIAL INTERIM DATA FOR ADPKD AND IGA NEPHROPATHY COHORTS AT ERA-EDTA IN MAY; FULL DATA FOR THESE COHORTS...

Team, Inc. Reports First Quarter 2018 Results

May 08, 2018 21:00 pm UTC| Business

Markets improvingQ1 Revenues of $302.4 million increased 5.5%Q1 Net Loss of $17.8 millionQ1 Consolidated Adjusted EBITDA of $9.9 million increased 58%Q1 Mechanical Services Adjusted EBITDA of $12.3 million increased 138%Q1...

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Economy

US Back-to-School Spending Seen Falling as Families Focus on Essentials

U.S. back-to-school spending is expected to decline in 2026 as families become more cautious about their finances amid growing economic uncertainty, according to a Deloitte survey released on Thursday. While parents remain...

Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion

Gold prices edged lower on Thursday as a stronger U.S. dollar and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Rising concerns that higher energy prices could keep inflation elevated and...

Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets

Asian stock markets mostly declined on Thursday as renewed geopolitical tensions in the Middle East, higher oil prices and cautious signals from the U.S. Federal Reserve weakened investor sentiment. Concerns over Samsung...

Venezuela Earthquake Death Toll Climbs to 3,811 as Government Seeks Sanctions Relief

Venezuelas devastating twin earthquakes have claimed at least 3,811 lives, according to updated figures released Wednesday by National Assembly President Jorge Rodriguez. Authorities said the June 24 earthquakes also left...

China Inflation Cools in June as Producer Prices Hit Four-Year High

Chinas consumer inflation slowed in June while producer prices climbed at their fastest annual pace in four years, highlighting uneven inflation trends and reinforcing expectations that policymakers may introduce further...

Politics

Houston ICE Shooting Sparks Protests, Demands for Independent Investigation

Hundreds of demonstrators gathered in Houston on Wednesday to protest the fatal shooting of a Mexican national by a U.S. Immigration and Customs Enforcement (ICE) officer, intensifying concerns over the Trump...

US Reaffirms Support for Tibetan Rights After Self-Immolation Near UN

The United States has reaffirmed its support for the Tibetan peoples human rights and cultural identity following the death of a Tibetan man who set himself on fire near the United Nations headquarters in New York,...

Trump Approves Patriot Missile License for Ukraine, Boosting Air Defense Efforts

President Donald Trump announced on Wednesday that the United States will grant Ukraine a license to manufacture Patriot missile interceptors, marking a significant shift in U.S. support for Kyiv and strengthening the...

Russia Strikes Kyiv With Ballistic Missiles as Ukraine Seeks More Air Defense Support

Russia launched a fresh wave of ballistic missiles and jet-powered drones against Kyiv on Wednesday, killing at least three people and injuring 13 others, as Ukraine continues to struggle with a shortage of U.S.-made air...

Trump Moves to Remove Syria From U.S. Terrorism List, Paving Way for Investment

President Donald Trump announced that he has decided to remove Syria from the U.S. list of state sponsors of terrorism, marking a major step toward restoring the countrys economic ties and encouraging foreign investment...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Bain Capital Exits Kioxia After AI-Fueled Valuation Surge

Bain Capital has fully exited its investment in Japanese flash memory manufacturer Kioxia, marking the end of a highly profitable private equity deal driven by the rapid expansion of the artificial intelligence (AI)...

SK Hynix’s $28 Billion U.S. Share Sale Draws Massive Demand Amid AI Chip Boom

SK Hynixs planned $28 billion U.S. share sale attracted demand worth more than seven times the number of shares available, highlighting strong investor confidence in the South Korean memory chip maker and the rapidly...

Zhipu AI Raises HK$31.37 Billion in Discounted Share Sale to Accelerate AI Growth

Chinese artificial intelligence company Zhipu AI, listed in Hong Kong as Knowledge Atlas Tech Joint Stock (HK:2513), has raised approximately HK$31.37 billion (US$4 billion) through a discounted share sale, strengthening...

Nvidia Invests $500M in Firmus Technologies Ahead of Planned ASX IPO

Nvidia (NASDAQ: NVDA) has agreed to invest approximately A$720 million (US$500 million) in Australian cloud infrastructure startup Firmus Technologies, becoming the largest participant in the companys planned A$2 billion...

SK Hynix’s $28B U.S. IPO Draws Strong Demand as AI Chip Boom Fuels Investor Interest

SK Hynix Inc. is seeing overwhelming investor interest in its planned $28 billion U.S. listing, with demand reportedly exceeding the number of shares available by several times, according to a Bloomberg News report on...