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Veeco Stockholders Approve Merger with Axcelis
Globenewswire· 2026-02-06 21:10
PLAINVIEW, N.Y., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) (“Veeco”) today announced that its stockholders have voted to approve all proposals related to the Company’s pending merger (the “Merger”) with Axcelis Technologies, Inc. (Nasdaq: ACLS) (“Axcelis”) at its Special Meeting of Stockholders (“Special Meeting”). The final voting results of the Special Meeting will be reported in a Form 8-K filed by Veeco with the U.S. Securities and Exchange Commission. The completion of the ...
Cathie Wood Adds Tesla Stock To Space ETF: Is This A Bet On SpaceX Merger?
Benzinga· 2026-02-05 17:17
Core Viewpoint - A potential merger between SpaceX and xAI is drawing attention to Elon Musk's companies, with speculation about a possible tie-up with Tesla Inc [1] Group 1: Tesla Stock Performance - Tesla stock is currently showing weakness, raising questions about its performance [1] - Cathie Wood's Ark Invest has added Tesla stock to its Space ETF, acquiring 35,766 shares, which represents 1.99% of the fund's assets [2][3] Group 2: Ark Invest's Strategy - The addition of Tesla to Ark Invest's Space & Defense Innovation ETF may indicate a strategic move in anticipation of a merger with SpaceX/xAI or due to the fund's new focus on adaptive robotics [3][8] - Ark Invest holds significant stakes in Tesla across several ETFs, with Tesla being the largest holding in Cathie Wood's portfolio [4] Group 3: Future Prospects for SpaceX - There are speculations about a potential IPO for SpaceX, possibly aligning with Musk's birthday and planetary alignments, although no official filing has been made [5] - Investor Chamath Palihapitiya suggests a reverse merger to fold SpaceX into Tesla, while analyst Dan Ives notes a growing chance of a combination between Tesla and the newly formed SpaceX/xAI [6] Group 4: Current Holdings Overview - As of January 31, Ark Invest's holdings include SpaceX at 11.23% of assets, xAI at 6.31%, and Tesla at 1.05% [7]
Black Hills Corp. Reports 2025 Fourth-Quarter and Full-Year Results and Initiates 2026 Earnings Guidance
Globenewswire· 2026-02-04 21:15
Delivered 2025 GAAP EPS of $3.98 and adjusted EPS of $4.10, at midpoint of earnings guidance rangeInitiates 2026 adjusted EPS guidance in the range of $4.25 to $4.45, reflecting 6% growth over 2025Advancing plans to serve data center pipeline of more than 3 GW, including 600 MW in five-year planTargeting upper half of 4% to 6% long-term adjusted EPS growth off 2023Extended track record of dividend increases to 56 consecutive yearsEnergized Ready Wyoming 260-mile electric transmission expansion project on sc ...
Two Harbors: Tepid Book Value Growth, Underwhelming Earnings (Downgrade) (NYSE:TWO)
Seeking Alpha· 2026-02-03 17:17
Shares in Two Harbors Investment Corp. ( TWO ) have delivered solid gains so far in 2026 as the market apparently feels increasingly confident that the merger with UWM Holdings Corporation ( UWMC ) will close successfully. As a reminder, TWO isI ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered c ...
'Growing Chance' Of Tesla Merger To Create Musk Trinity With SpaceX And xAI
Investors· 2026-02-03 14:34
Tesla Stock: 'Growing Chance' Of Merger To Create Musk Trinity With SpaceX And xAI | Investor's Business DailyBREAKING: [Stocks Edge Higher As Teradyne, Palantir Surge]---Tesla (TSLA) CEO Elon Musk confirmed late Monday that his rocket company SpaceX will merge with his artificial intelligence startup xAI. On Tuesday, a Tesla stock bull wrote there is now a "growing chance" that Tesla will eventually merge "in some form" with SpaceX/xAI in the coming 18 months. Wedbush Securities analyst Dan Ives, who has l ...
Morris State Bancshares Announces Solid Earnings in 2025 and Declares Quarterly and Special Dividend
Globenewswire· 2026-02-03 13:00
DUBLIN, Ga., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank (the “Bank”), today reported its financial results for the quarter and year ended December 31, 2025. Year-over-year and quarter-by-quarter comparisons are included herewith. On January 28, 2026, the Company’s Board of Directors declared a quarterly cash dividend of $0.13 per common share—an increase of $0.01 per share or 8.33% over the quarterly dividend of $0.12 paid in each ...
Avidity Biosciences Announces Expected Record Date for Spin-Off
Prnewswire· 2026-02-03 02:44
SAN DIEGO, Feb. 2, 2026 /PRNewswire/ -- Avidity Biosciences, Inc. ("Avidity") (Nasdaq: RNA), a biopharmaceutical company committed to delivering a new class of RNA therapeutics called Antibody Oligonucleotide Conjugates ("AOCsâ"¢") to profoundly improve people's lives, today announced that its board of directors has designated the close of business, Eastern Time, on February 12, 2026 as the record date (the "Record Date") for the pro rata distribution of all of the issued and outstanding shares of common st ...
Devon and Coterra Energy announce $58B merger to scale Delaware Basin footprint
Proactiveinvestors NA· 2026-02-02 20:13
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
SM Energy completes all-stock merger with Civitas
Yahoo Finance· 2026-02-02 11:46
Merger Overview - SM Energy Company has completed an all-stock merger with Civitas Resources, creating a combined entity named SM Energy Company, headquartered in Denver, Colorado, US [1] - The merger was valued at approximately $12.8 billion, including net debt, and received shareholder approval from both companies [1][4] Share Exchange and Ownership Structure - Each Civitas share is exchanged for 1.45 SM Energy shares, resulting in the issuance of approximately 126.3 million new shares of common stock by SM Energy [2] - Post-merger, SM Energy shareholders will own about 48% of the combined company, while Civitas shareholders will hold around 52% [2] Leadership and Governance - The Board of Directors will consist of 11 members, with six from SM Energy and five from Civitas [3] - The leadership team includes Beth McDonald as president and CEO, and Blake McKenna as executive vice-president and COO [2] Operational Focus and Financial Outlook - The combined entity manages a portfolio of approximately 823,000 net acres, focusing significantly on the Permian Basin [3] - Expected free cash flow is projected to exceed $1.4 billion for the full year 2025, aiming to enhance capital returns and investment appeal [3] Integration and Future Plans - The company aims to integrate effectively to unlock additional free cash flow, targeting annual synergies of $200–300 million and divestitures of at least $1 billion over the next year [5] - Plans to strengthen the balance sheet and accelerate capital returns to stockholders are in place, with an updated operating plan and return of capital framework to be shared in February 2026 [6]
Jim Cramer Makes Major Prediction For CSX Corporation (CSX)
Yahoo Finance· 2026-01-31 12:21
Core Insights - CSX Corporation (NASDAQ:CSX) is one of the largest railroad companies in America, with shares increasing by 13.8% over the past year and 3.5% year-to-date [2] - The company reported $3.50 billion in revenue and $0.39 in profit per share, both of which missed analyst estimates of $3.54 billion and $0.41 respectively [2] - Susquehanna raised CSX's share price target to $39 from $38 while maintaining a Neutral rating, whereas Bernstein lowered its target to $36 from $37 with a Market Perform rating [2] - There is speculation about a potential merger between CSX and Berkshire Hathaway's Burlington Northern, as discussed by Jim Cramer [3] Financial Performance - CSX Corporation reported revenue of $3.50 billion and earnings per share of $0.39, which were below analyst expectations [2] - The earnings miss was noted to be narrower when excluding one-time charges [2] Market Sentiment - Jim Cramer expressed optimism about CSX's leadership under Steve Angel, suggesting that his industrial background could lead to significant developments, including a potential merger with Burlington Northern [3] - Despite the potential of CSX, there is a belief that certain AI stocks may offer better returns with limited downside risk [3]