Markets Gone Wild

Significant Net Income Growth Victory Square Technologies recently announced an impressive achievement in their third quarter net income. The company reported a net income of $10.7 million, showcasing a substantial growth in their financial performance. This remarkable milestone highlights Victory Square’s success in their strategic initiatives and business operations. Unaudited Net Asset Value The estimated…

FDA Issues Refusal to File for Harmony Biosciences’ Pitolisant for Idiopathic Hypersomnia On Wednesday, Harmony Biosciences Holdings, Inc. (HRMY) received a setback in its quest to bring pitolisant, an investigational therapy for excessive daytime sleepiness (EDS) in adult patients with idiopathic hypersomnia (IH), to the market. The U.S. Food and Drug Administration (FDA) issued a…

ZK International Announces 1-for-7 Reverse Split: What Does It Mean for Investors and the World? On January 29, 2025, ZK International Group Co., Ltd. (ZKIN) made an important announcement regarding a 1-for-7 reverse stock split of its ordinary shares. This decision was approved by the Company’s Board of Directors on January 14, 2025. Understanding the…

Welcome to the World of Mortgage Guaranty Insurance with MGIC Dividend Announcement from MGIC Investment Corporation MILWAUKEE, Jan. 28, 2025 /PRNewswire/ — MGIC Investment Corporation (NYSE: MTG) recently declared a quarterly cash dividend of $0.13 per share, which is payable on March 5, 2025. Shareholders of record as of February 18, 2025, will be eligible…

Newell Brands’ Recent Debt Refinancing: A Sign of Strong Investor Confidence Oversubscribed Debt Refinancing Signals Investor Confidence Newell Brands’ recent debt refinancing was six times oversubscribed, indicating strong investor confidence in the company’s new corporate strategy and reorganization efforts. This is a positive sign that investors believe in the company’s ability to successfully navigate its…