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Ambac Announces First Quarter 2017 Results

May 10, 2017 20:10 pm UTC| Business

• Net Loss of $(125.4) million or $(2.77) per Diluted Share and Adjusted Loss1 of $(91.2) million or $(2.01) per Diluted Share primarily as a result of adverse reserve development for Puerto Rico • Book Value per Share...

Identiv Reports First Quarter 2017 Results

May 10, 2017 20:10 pm UTC| Business

FREMONT, Calif., May 10, 2017 -- Identiv, Inc. (NASDAQ:INVE) today announced financial results for its fiscal 2017 first quarter ended March 31, 2017. For the first quarter, total revenues were $13.4 million, GAAP gross...

CM Finance Inc Reports Results for its Fiscal Third Quarter ended March 31, 2017

May 10, 2017 20:10 pm UTC| Business

NEW YORK, May 10, 2017 -- CM Finance Inc (NASDAQ:CMFN) (“CMFN” or “the Company”) announced its financial results for its fiscal third quarter ended March 31, 2017. HIGHLIGHTS Net asset value (“NAV”) per share...

AGTC Announces Financial Results and Business Update for the Quarter Ended March 31, 2017

May 10, 2017 20:09 pm UTC| Business

GAINESVILLE, Fla. and CAMBRIDGE, Mass., May 10, 2017 -- Applied Genetic Technologies Corporation (NASDAQ:AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (AAV)-based gene...

Arbor Realty Trust, Inc. Announces Public Offering of Common Stock

May 10, 2017 20:09 pm UTC| Business

UNIONDALE, N.Y., May 10, 2017 -- Arbor Realty Trust, Inc. (the “Company”) (NYSE:ABR) announced today that it plans to make a public offering of 9,500,000 shares of its common stock. In connection with the offering, the...

Arbor Realty Trust, Inc. Announces Public Offering of Common Stock

May 10, 2017 20:09 pm UTC| Business

Inovio Pharmaceuticals Reports 2017 First Quarter Financial Results

May 10, 2017 20:09 pm UTC| Business

PLYMOUTH MEETING, Pa., May 10, 2017 -- Inovio Pharmaceuticals, Inc. (NASDAQ:INO) today reported financial results for the quarter ended March 31, 2017. Total revenue was $10.4 million for the three months ended March...

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Economy

Asian Currencies Climb as Dollar Slumps, Yen Jumps on Intervention Speculation

Most Asian currencies strengthened on Monday as the U.S. dollar extended sharp losses ahead of the Federal Reserves highly anticipated policy meeting later this week. The Japanese yen led gains in the region, surging to...

China Yuan Hits 32-Month High as Central Bank Manages Appreciation Pace

Chinas yuan strengthened to a fresh 32-month high against the U.S. dollar on Monday, supported by a combination of central bank guidance, a weaker dollar, and seasonal corporate demand ahead of the Lunar New Year. The...

UK Job Vacancies Fall Again as Labour Market Shows Signs of Cooling

Vacancies for jobs in Britain continued to decline in December, reinforcing growing evidence that the UK labour market is cooling after several years of tight conditions. According to the latest survey from online jobs...

Japan Yen Intervention Faces Limits Without Fiscal Reform, Says Noda

Any Japanese government intervention to support the yen is unlikely to have a lasting impact unless it is backed by strong fiscal discipline and credible monetary policy, according to former Finance Minister Yoshihiko...

Rising Yen Pressures Dollar as Markets Brace for Possible Intervention and Fed Signals

The U.S. dollar weakened broadly in early Monday trading as a sharp rise in the Japanese yen heightened market anxiety over potential currency intervention and key upcoming decisions from the Federal Reserve. Investors...

Politics

U.S., South Korea Deepen Defense Ties as Seoul Pursues Nuclear-Powered Submarine

The United States and South Korea have agreed to deepen defense cooperation, particularly regarding Seouls pursuit of a nuclear-powered submarine, in a move that underscores a shifting security dynamic on the Korean...

Australia Day Protests Highlight Deep Divisions Over Indigenous Rights and Immigration

Thousands of Australians marked Australia Day on Monday by attending large-scale Invasion Day rallies across major cities, showing support for Indigenous Australians and calling for unity amid growing political and social...

U.S. Security Guarantees for Ukraine Ready as Kyiv Awaits Signing Amid Ongoing Peace Talks

Ukrainian President Volodymyr Zelenskiy has announced that a key U.S. document outlining security guarantees for Ukraine is fully prepared, with Kyiv now waiting for confirmation on when and where it will be signed....

Trump’s Centralized Foreign Policy Sparks Greenland Controversy and Ally Concerns

A recent Reuters report reveals how President Donald Trumps highly centralized foreign policy approach triggered diplomatic shockwaves over Greenland, alarming U.S. allies and even senior officials within his own...

More Than 100 Venezuelan Political Prisoners Released Amid Ongoing Human Rights Scrutiny

At least 104 people identified as political prisoners by a prominent Venezuelan human rights organization were released from detention on Sunday, marking a significant development in Venezuelas ongoing political prisoner...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Samsung Set to Begin HBM4 Production for Nvidia and AMD

Samsung Electronics is preparing to begin mass production of its next-generation high-bandwidth memory chips, known as HBM4, as early as next month, according to a source familiar with the matter cited by Reuters. The...

U.S. Lawmakers Demand Scrutiny of TikTok-ByteDance Deal Amid National Security Concerns

U.S. lawmakers are calling for closer congressional scrutiny of a new deal involving TikTok and its Chinese parent company ByteDance, raising fresh concerns about national security, data privacy, and potential Chinese...

Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market

Swedens telecom equipment giant Ericsson announced plans to significantly boost shareholder returns after reporting a sharp rise in net cash and continued margin improvements, even as the global mobile network market...

Microsoft Restores Microsoft 365 Services After Widespread Outage

Microsoft confirmed on Friday that it has fully restored access to its Microsoft 365 productivity suite following a widespread service outage that disrupted users across multiple regions, particularly in North America. The...

Tesla Plans FSD Subscription Price Hikes as Autonomous Capabilities Advance

Teslas Full Self-Driving (FSD) software is set to become more expensive over time as its technology improves, according to CEO Elon Musk. The announcement comes as Tesla Inc. continues its transition away from a one-time...