Core Insights - The FDA has accepted a New Drug Application (NDA) for a new formulation of Lantheus' F 18 PSMA imaging agent, with a PDUFA date set for March 6, 2026 [1][2][3] - The new formulation aims to increase batch size by approximately 50%, enhancing patient access and supply resilience [1][3] - PYLARIFY, the current market-leading PSMA PET imaging agent, has shown an 86% median true-positive rate in diagnosing recurrent prostate cancer [2][3] Company Developments - Lantheus is focused on advancing prostate cancer imaging through sustainable innovation, with the new formulation expected to improve patient access and streamline operations [3][4] - The new formulation is designed to optimize the manufacturing process, increasing the radioactive concentration of the agent [3] - The company has a strong market presence, with PYLARIFY being the number one ordered PSMA PET imaging agent in the U.S., supported by over 500,000 scans [6] Industry Context - Prostate cancer is the second most frequently diagnosed cancer in the U.S., with estimates suggesting nearly 315,000 new cases and over 35,000 deaths in 2025 [4] - Projections indicate that annual prostate cancer cases could nearly double to 2.9 million by 2040, driven by aging populations and increased life expectancy [4] - The growing burden of prostate cancer highlights the need for accurate and early detection methods, positioning Lantheus for continued leadership in this area [3][4]

Core Insights - Brookfield Asset Management reported strong financial results for Q2 2025, with fee-related earnings increasing by 16% year-over-year and distributable earnings up by 12% [2][3][10] - The company has announced over $55 billion in asset sales to date in 2025, reflecting robust demand in sectors where it holds leadership positions [3][20] - Significant fundraising activities were highlighted, with $22 billion raised in the quarter and $97 billion over the last twelve months, indicating strong capital inflows [2][11] Financial Performance - Fee-related earnings (FRE) for Q2 2025 reached $676 million, or $0.42 per share, compared to $583 million, or $0.36 per share, in Q2 2024 [4][10] - Distributable earnings (DE) for the quarter were $613 million, or $0.38 per share, up from $548 million, or $0.34 per share, in the prior year [6][10] - Net income attributable to Brookfield Asset Management was $620 million for the quarter, a 25% increase from $495 million in Q2 2024 [6][24] Asset Management and Fundraising - Fee-bearing capital increased by 10% to $563 billion over the last twelve months, driven by strong capital raising and market recovery [8][9] - The company raised $22 billion in Q2 2025, with nearly 70% coming from complementary strategies [11] - Notable fundraising included $1.5 billion in renewable power, $1.7 billion in infrastructure, $1.3 billion in private equity, and $1.8 billion in real estate [13] Asset Sales and Investments - Brookfield has sold $12 billion in real estate assets, $9.5 billion in infrastructure assets, and $5.8 billion in renewable power assets in 2025 [20] - Recent transactions included significant sales such as Aveo Group for $2.4 billion and a U.S. hydropower portfolio for $5.8 billion [20] - The company also announced a partnership with Google for a hydroelectric capacity project and an investment in Sweden for digital infrastructure [12][21] Dividends and Shareholder Returns - The board declared a quarterly dividend of $0.4375 per share, payable on September 29, 2025 [7] - The increase in net income and earnings per share reflects the company's commitment to delivering value to shareholders [6][10]

Financial Performance - MRC Global reported second quarter 2025 revenue of $798 million, a 12% increase from the first quarter of 2025, with all sectors contributing to this growth [3][10][14] - Adjusted EBITDA for the second quarter of 2025 was $54 million, representing 6.8% of sales, compared to $65 million or 8.1% of sales in the same period of 2024 [11][61] - Net income from continuing operations for the second quarter of 2025 was $13 million, down from $30 million in the second quarter of 2024 [6][7] Sector Performance - The Production and Transmission Infrastructure (PTI) sector led the revenue growth with a 26% increase sequentially, driven by robust project activity [3][19] - Gas Utilities sector revenue increased by 10% sequentially, supported by increased construction projects [3][19] - The Downstream, Industrial, and Energy Transition (DIET) sector experienced a slight decline compared to the same quarter a year ago, but showed a 1% increase sequentially [14][20] Merger Agreement - MRC Global announced a merger agreement with DNOW Inc., which is expected to create a premier energy and industrial solutions provider [4][25] - The merger is subject to shareholder and regulatory approvals, with an anticipated closing in the fourth quarter of 2025 [25][26] Shareholder Returns - The company returned $15 million to shareholders through share repurchases at an average price of $12.35 per share during the second quarter of 2025 [3][24] - The share repurchase program has been suspended due to the pending merger with DNOW [24] Balance Sheet and Cash Flow - As of June 30, 2025, MRC Global had a cash balance of $75 million and long-term debt of $449 million [23] - The company's backlog was $589 million, a 2% decrease from the previous quarter, primarily due to a decline in the PTI sector backlog [22]

LONDON and ATLANTA, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the release of Descartes Visual Compliance™ AI Assist, the latest advancement in denied party screening that uses new artificial intelligence (AI) capabilities to help trade compliance teams automatically reduce the effort required to review and clear false positives. False positives are alerts that appear to match restricte ...

Core Viewpoint - UCLOUDLINK GROUP INC. will report its unaudited financial results for the second quarter ended June 30, 2025, on August 13, 2025, before U.S. markets open [1] Group 1: Earnings Call Details - The management will hold a conference call to discuss the financial results at 8:30 a.m. U.S. Eastern Time on the same day [2] - Listeners can access the call through various international and toll-free numbers, including a specific number for Mainland China and Hong Kong [2] Group 2: Company Overview - UCLOUDLINK is recognized as the world's first and leading mobile data traffic sharing marketplace, innovating the sharing economy model within the telecommunications sector [4] - The company's offerings provide significant value to mobile data users, handset manufacturers, mobile virtual network operators (MVNOs), and mobile network operators (MNOs) [4] - Utilizing its cloud SIM technology, UCLOUDLINK enhances the mobile data connectivity experience by enabling users to access shared mobile data traffic allowances from network operators, ensuring reliable connectivity, high speeds, and competitive pricing [4]

Core Insights - Parsons Corporation reported a total revenue of $1.6 billion for Q2 2025, a decrease of 5% year-over-year, with organic revenue down 9% [5][8] - The company achieved a net income of $55 million, reflecting a 20% decline compared to the previous year, with diluted earnings per share (EPS) at $0.50 [5][30] - Adjusted EBITDA for the quarter was $149 million, a slight decrease of 1% from the prior year, while the adjusted EBITDA margin improved by 40 basis points to 9.4% [6][8] Financial Performance - Total revenue decreased by $86 million, or 5%, year-over-year, with a notable 13% growth when excluding a confidential contract [5][8] - Operating income fell by 14% to $96 million, primarily due to reduced revenue from the confidential contract and increased investments in strategic pursuits [5][8] - The adjusted EPS decreased from $0.84 in Q2 2024 to $0.78 in Q2 2025, driven by the same factors affecting operating income [6][8] Segment Results - Federal Solutions segment revenue decreased by 19% year-over-year to $805 million, while adjusted EBITDA dropped by 35% to $67 million [9][10] - Critical Infrastructure segment revenue increased by 14% to $779 million, with adjusted EBITDA rising by 73% to $82 million [11][12] - The overall book-to-bill ratio remained stable at 1.0x, with total backlog increasing to $8.9 billion, of which 70% is funded [8][15] Strategic Initiatives - The company successfully closed the acquisition of Chesapeake Technologies International for $89 million, enhancing its capabilities in technology solutions [20] - Parsons continues to win significant contracts, including a $176 million contract from the U.S. Army Corps of Engineers and a $138 million task order for cyber operations [19][20] - The company has increased its fiscal year 2025 guidance for revenue, adjusted EBITDA, and cash flow from operations, reflecting positive operational performance [21] Market Position - Parsons is capitalizing on global infrastructure spending and the demand for national security solutions, positioning itself to outpace industry growth rates [4][8] - The company was recognized as the top Program Management firm worldwide, reflecting its strong reputation and ability to execute infrastructure programs [17][20]

Core Viewpoint - Smart Powerr Corp. has regained compliance with Nasdaq's minimum bid price requirement, closing at or above $1.00 for 10 consecutive business days from July 18 to July 31, 2025 [1][2]. Company Overview - Smart Powerr Corp. is based in Xi'an, China, specializing in waste energy recycling and energy efficiency solutions for energy-intensive industries [3]. - The company employs a Build-Operate-Transfer (BOT) model to provide energy-saving and recovery facilities, focusing on nonferrous metal plants [3]. - Smart Powerr Corp. aims to expand into market areas where it currently does not operate, pursuing disciplined and targeted growth strategies [3].

Extends market exclusivity for GIMOTI® to November 2038, nearly two additional years beyond original 2036 projectionSOLANA BEACH, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Evoke Pharma, Inc. (NASDAQ: EVOK), a specialty pharmaceutical company focused primarily on treatments for gastrointestinal (GI) diseases with an emphasis on GIMOTI® (metoclopramide) nasal spray, today announced the official issuance of a new U.S. patent related to its product GIMOTI®. The patent, U.S. Patent No. 12,377,064, covers the use ...

Third Quarter Highlights GAAP: Net sales of $839 million, Operating income of $13 millionNon-GAAP: Adjusted EBITDA of $91 millionConfirming post-merger adjusted free cash flow and Adjusted EBITDA range CHARLOTTE, N.C., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Magnera (NYSE: MAGN), a global leader in specialty materials for the consumer products and personal care markets, today reported financial results for its fiscal 2025 third quarter ended June 28, 2025. Curt Begle, Magnera’s CEO, commented: “Reflecting on the ...

Core Points - Gryphon stockholder voting has commenced for a special meeting scheduled on August 27, 2025, regarding a stock-for-stock merger with American Bitcoin Corp, a subsidiary of Hut 8 Corp [1][2][3] - The combined entity will operate under the American Bitcoin brand and is expected to trade on Nasdaq under the ticker symbol "ABTC" [2] - Gryphon stockholders who owned shares as of July 25, 2025, are eligible to vote on the proposed transaction [3] Company Overview - Hut 8 Corp is an energy infrastructure platform focused on integrating power, digital infrastructure, and compute for energy-intensive applications like Bitcoin mining and high-performance computing, managing 1,020 megawatts of energy capacity across 15 sites in the U.S. and Canada [7] - American Bitcoin, a majority-owned subsidiary of Hut 8, specializes in industrial-scale Bitcoin mining and strategic Bitcoin reserve development, leveraging Hut 8's mining operations and infrastructure [8] - Gryphon Digital Mining, Inc. is positioned as an innovative player in the Bitcoin mining sector [9]