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Atrium Therapeutics Shares Gain on $50M Private Placement

Under the agreement, Atrium will issue and sell roughly 5.17 million shares of its common stock at a price of $7.93 a share, as well as pre-funded warrants to purchase up to 1.13 million shares of its ...

AngioDynamics Names Eric Honroth President, CEO as James Clemmer Retires -- Update

AngioDynamics has hired Eric Honroth to succeed James Clemmer at the helm of the medical-technology company. AngioDynamics on Thursday said Honroth, who most recently served as global president of ...

Volkswagen Recalls More Than 22,000 Electric Vehicles Over Fire Risk

Volkswagen is recalling 22,524 electric vehicles, citing the risk of a fire due to a high-voltage battery failure. The recall affects certain of the automaker's ID.4 vehicles produced between the ...

A strategist who called the Asian financial crisis sees parallels with the AI boom

Albert Edwards, well-known for his generally bearish views on equity markets, finds the economicbenefits of AI to be a ...

Tilray Swings to 1Q Loss, but Revenue Climbs on Beverage Growth

Tilray said the decline was largely driven by noncash charges. On an adjusted basis, which strips out exceptional items and one-off costs, loss came to 2 cents a share. According to FactSet, analysts ...

Chrysler Issues Recall Due to Risk of Power Steering Assist Loss

Chrysler is recalling certain vehicles over concerns that water might be able to enter the electric power steering wiring harness, possibly disabling power steering assist. The National Highway ...

Helen of Troy Bumps Up FY Profit Outlook, Plans to Reinvest Tariff Refunds

Helen of Troy on Thursday raised its adjusted earnings per share forecast to between $3.60 and $4.15 for the year, up from a prior view of $3.25 to $3.75. It also narrowed its sales forecast to a ...

ASOS Says Unauthorized Party Gained Access to Customer Information in Cyberattack

U.K. online retailer ASOS said an unauthorized party gained access to some customer information during the cyber incident it suffered earlier this week.

Movado Group to Sell 95% of EBEL Brand for $66.5 Million

Movado Group has agreed to sell a 95% stake in its EBEL watch brand to a group led by Swiss luxury-watch maker Montres Journe for $66.5 million. Movado on Thursday said it will retain a 5% stake in ...

Marimaca Copper Names Peter Garner-Winship as Finance Chief

Marimaca Copper has promoted Peter Garner-Winship to chief financial officer. Garner-Winship succeeds Jose Antonio, who will continue as managing director for Chile, where the Canadian company is ...

After a 33% gain in the first half, this fund manager grew tired of the AI trade. Here’s where he’s looking now.

Bill Hench, of First Eagle, stepped away from the artificial-intelligence trade with small-capitalization bets on a recovery ...