Barington Pushes Bill Holdings to Explore a Possible Sale
Barington Capital takes a stake in Bill Holdings and urges the board to consider a sale, joining activist investors Elliott and Starboard as the company evaluates strategic options.
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German Shipping Giant Hapag-Lloyd Offers to Acquire ZIM, Sparking Fierce Opposition and Security Alarms
Hapag-Lloyd (backed by Qatar/Saudi Arabia) bids for ZIM. Workers warn the sale is a "direct danger to the security of the country," urging the government to block the vital deal.
Stifel Begins Coverage of Tango Therapeutics with Bullish Outlook
Stifel initiates coverage of Tango Therapeutics with a Buy rating and $15 target, citing strong potential for its PRMT5 inhibitor vopimetostat and forecasting $1.2B in peak global revenue by 2035.
Kroger Lowers Sales Forecast Amid Intense Grocery Competition
Kroger cuts 2025 sales outlook to 2.8-3% growth as budget-conscious shoppers trade down and competitors slash prices. Stock falls 7% despite beating profit expectations.
Meta Slashes Metaverse Budget as Zuckerberg Shifts Focus to AI
Meta plans up to 30% budget cuts for metaverse projects including Horizon Worlds and Quest VR, with potential January layoffs as focus shifts to AI development.
UniQure Huntington's Drug Faces FDA Setback, Shares Drop 19%
UniQure stock tumbles as FDA says AMT-130 gene therapy data insufficient for approval. Company seeks urgent Q1 2026 meeting to advance Huntington's disease treatment.