Columbus Circle Capital Corp II Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing February 27, 2026
Globenewswire· 2026-02-26 21:37
Core Viewpoint - Columbus Circle Capital Corp II announced that starting February 27, 2026, holders of units from its initial public offering can separately trade Class A ordinary shares and warrants, with trading symbols "CMII" for shares and "CMIIW" for warrants [1] Group 1: Company Overview - Columbus Circle Capital Corp II is a blank check company aimed at executing mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations across various industries and geographical locations [2] - The management team includes Gary Quin as Chief Executive Officer and Chairman, and Joseph W. Pooler, Jr. as Chief Financial Officer, along with independent directors Garrett Curran, Alberto Alsina Gonzalez, Marc Spiegel, and Matthew Murphy [2] Group 2: Trading Information - Upon separation, no fractional warrants will be issued, and only whole warrants will be available for trading [1] - Units that are not separated will continue to trade under the symbol "CMIIU" on the Nasdaq Global Market [1]
Jack Dorsey says he's cutting over 4,000 jobs at Block, nearly half of all roles. Read the memo.
Business Insider· 2026-02-26 21:36
Core Viewpoint - Block is reducing its workforce by nearly half, from over 10,000 employees to just under 6,000, which means over 4,000 employees will be affected [1][2] Company Actions - The decision to cut jobs was made to address a significant shift in the company's operational model, rather than due to financial distress [4][5] - Employees affected will receive a severance package that includes 20 weeks of salary plus one week for each year of tenure, equity vested through the end of May, six months of healthcare, corporate devices, and $5,000 for transition support [3] Business Performance - Despite the layoffs, the company reports strong business performance with growing gross profit, an increasing customer base, and improving profitability [4] Strategic Direction - The company is embracing a new way of working that leverages intelligence tools and smaller, flatter teams, which is seen as essential for future growth [4][5] - The CEO emphasized the importance of taking decisive action now rather than managing a prolonged reduction in workforce, which could harm morale and trust [5] Communication and Support - The company plans to maintain open communication channels for employees during the transition and will host a live video session to acknowledge the contributions of those leaving [7] - The CEO expressed gratitude towards departing employees, recognizing their contributions to the company [8]
Warner Bros. Discovery: Paramount Skydance offer 'superior', board still favors Netflix
Youtube· 2026-02-26 21:36
Melissa, Warner Brothers Discovery's board has determined that Paramount's revised proposal uh for the company constitutes a company superior proposal. What that means is that Warner Brothers Discoveries now notified Netflix of the fact that they could see the Paramount Sky Dance offer as superior. And under the terms of the Netflix merger agreement, this triggers a 4-day period in which Netflix has the right to revise its merger agreement so that it would constitute a superior proposal.What that means in p ...
Nvidia Beats Big, Then Dumps 5% – Classic Sell-The-News Day
Ulli... The ETF Bully· 2026-02-26 21:35
[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketStocks opened lower and stayed under pressure for most of the day, even after Nvidia and Salesforce dropped their latest earnings.The big disappointment was Nvidia—despite beating on both earnings and revenue, shares got pumped early then dumped about 5%, putting it on track for its worst day since April.Traders basically shrugged off the numbers and took profits. Other chip names followed suit: Broadcom, Lam Research, We ...
Intuit's quarterly earnings top estimates but soft guidance dissapoints
Proactiveinvestors NA· 2026-02-26 21:35
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Warner Bros Discovery Board Calls Paramount's Proposal “Superior”, Gives Netflix Four Days To Up Its Bid
Deadline· 2026-02-26 21:35
Core Viewpoint - Warner Bros. Discovery's board is facilitating a competitive bidding process between Paramount and Netflix for the company's assets, with Paramount's latest offer being deemed superior [1][2]. Group 1: Bidding Details - Paramount's revised bid is now $31 per share, up from $30, and includes a "ticking fee" of $0.25 per share starting after September 30 [2]. - Netflix's offer stands at $82.7 billion for the studios-and-streaming division of WBD, while Paramount's bid is for the entire company [1][2]. - Paramount's bid includes a $7 billion termination fee if regulatory issues arise, in addition to the $2.8 billion breakup fee promised by Netflix [3]. Group 2: Board Actions and Timeline - The WBD board has triggered a four-day response period for Netflix to revise its bid following the designation of Paramount's offer as superior [1][3]. - A special shareholder vote on the Netflix deal is scheduled for March 20 [4].
Vanda Pharmaceuticals Announces Participation in the 2026 Citizens Life Sciences Conference
Prnewswire· 2026-02-26 21:35
Vanda Pharmaceuticals Announces Participation in the 2026 Citizens Life Sciences Conference [Accessibility Statement] Skip NavigationWASHINGTON, Feb. 26, 2026 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced that the company will participate in the 2026 Citizens Life Sciences Conference in Miami on Wednesday, March 11, 2026. A corporate presentation is scheduled for 2:15 p.m. Eastern Time.The corporate presentation given at the Citizens Life Sciences Conference may be access ...
PARAMOUNT COMMENTS ON WARNER BROS. DISCOVERY BOARD'S DETERMINATION OF PARAMOUNT'S PROPOSAL AS SUPERIOR
Prnewswire· 2026-02-26 21:35
PARAMOUNT COMMENTS ON WARNER BROS. DISCOVERY BOARD'S DETERMINATION OF PARAMOUNT'S PROPOSAL AS SUPERIOR [Accessibility Statement] Skip NavigationLOS ANGELES and NEW YORK, Feb. 26, 2026 /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("Paramount") confirms that it has been notified by Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD") that WBD's Board of Directors has determined that Paramount's $31 per share, all-cash proposal to acquire WBD is a "Company Superior Proposal" under the terms of W ...
Floor & Decor Announces Grand Opening of Two New Stores in Fayetteville, North Carolina and Vacaville, California
Businesswire· 2026-02-26 21:35
Floor & Decor's Fayetteville store, located at 1748 Skibo Road, will open approximately 35 full-time and 15 part-time associates, led by Quentin Kaiser, Chief Executive Merchant. "We're thrilled to open in Fayetteville and serve both homeowners and professionals with the selection, value, and expertise they need to bring their projects to life,†said Kaiser. Floor & Decor operates more than 270 warehouse-format stores and design studios nationwide, offering a wide assortment of in-stock hard-surface flooring ...
FRANKLIN BSP REALTY TRUST ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Franklin BSP Realty Trust, Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2026-02-26 21:34
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Franklin BSP Realty Trust (FBRT) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities between November 5, 2024 and February 11, 2026 in Franklin BSP Realty Trust and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Feb. 26, 2026 ...