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Investment Manager Bets Big on PTCT Stock, Adds 41,000 Shares, According to Recent SEC Filing
Yahoo Finance· 2026-03-03 15:11
Palo Alto Investors LP reported a buy of 41,303 shares of PTC Therapeutics (NASDAQ:PTCT) in its February 17, 2026, SEC filing, with an estimated transaction value of $3.00 million based on quarterly average pricing. What Happened According to a SEC filing dated February 17, 2026, Palo Alto Investors LP increased its position in PTC Therapeutics by 41,303 shares during the fourth quarter of 2025. The estimated transaction value for the additional shares was $3.00 million, based on average closing prices f ...
Sandvik Mining launches cloud-based digital service My Sandvik Geo
Yahoo Finance· 2026-03-03 15:11
Sandvik Mining has launched My Sandvik Geo, a new cloud-based digital service designed to transform drilling data into practical geological and geotechnical insights. This service offers mining operations real-time access to subsurface conditions, facilitating improved planning, better blasting results and increased productivity in surface top-hammer drilling activities. My Sandvik Geo is designed to process raw drilling measurements including Measure While Drilling (MWD) data and drilling coordinates, ...
X @Bloomberg
Bloomberg· 2026-03-03 15:11
RT Bloomberg Live (@BloombergLive)On Iran, "This was a problem that needed to be dealt with, and if it were dealt with in other years it would have been more difficult." @apolloglobal’s Marc Rowan #BloombergInvest⏯️ https://t.co/finppn6xT2 https://t.co/w3tQg3cihl ...
NRG Energy Stock Falls 8% Over Announcement Of Pricing Of Upsized Secondary Offering
RTTNews· 2026-03-03 15:11
Shares of NRG Energy, Inc. (NRG) are moving down about 8 percent on Tuesday morning trading following the announcement of pricing of its upsized secondary offering of 14.3 million shares held by certain affiliates of LS Power at $164 per share.The company's shares are currently trading at $160.56 on the New York Stock Exchange, down 8.54 percent. The stock opened at $162.85 and has dropped as low as $159.04 so far in today's session. Over the past year, it has traded in a range of $79.57 to $189.96.The sha ...
MacLean receives $2.5m for BEV research to support mining operations
Yahoo Finance· 2026-03-03 15:11
MacLean Engineering has received a $2.5m (C$3.42m) investment from Natural Resources Canada (NRCan) for its battery-electric vehicle (BEV) research and development efforts aimed at supporting mining operations. This funding, being delivered through NRCan’s Mining Decarbonisation Demonstration Call under the Energy Innovation Programme, aims to expedite the commercialisation of MacLean's GR8 EV Grader, the first model from the company's newly established Surface Mining Vehicle division. The development o ...
Saudi Arabia Pulled Deeper Into War After US Embassy Attack
Bloomberg Television· 2026-03-03 15:11
An attack on the US embassy in Riyad has pulled Saudi Arabia even further into this widening Middle East crisis. Two drones struck near the embassy in Riyad's diplomatic quarter. They caused only minor damage, but the attack prompted the US to issue a new shelter in place order for both Riyad and Jedha, the kingdom's second city, and a threat from Donald Trump that the US would hit back.For the Saudis, this all adds to a growing list of incidents since the start of the Iran war on Saturday. State oil giant ...
Prosperity Bancshares Leveraging Inorganic Growth to Boost Scale
ZACKS· 2026-03-03 15:11
Key Takeaways Prosperity Bancshares has completed 45 acquisitions, with new deals expanding its Texas footprint.PB bought ABHC and Southwest Bancshares, adding deposits, loans and 11 San Antonio offices.Prosperity Bancshares' $2B Stellar Bancorp deal targets 35% cost savings and 9.2% earnings accretion by 2027.Prosperity Bancshares (PB) continues to solidify its Texas franchise through disciplined, earnings-accretive acquisitions, reinforcing its long-term growth trajectory. The company has completed more t ...
Immunology, Neuroscience Step Up as Key Growth Engines for J&J
ZACKS· 2026-03-03 15:11
Key Takeaways J&J's immunology sales fell 12% in 2025 as Stelara dropped 42% after losing exclusivity.J&J saw Tremfya sales jump 41% to over $5B, while Simponi rose 22% to $2.7B.J&J's neuroscience sales climbed 10%, with Spravato up 57% and Caplyta reaching $700M.Johnson & Johnson (JNJ) is one of the key pharmaceutical players in the oncology segment, with its Oncology segment comprising around 27% of total revenues and 42% of its Innovative Medicine segment sales. However, J&J also boasts a strong presence ...
Can Dutch Bros Navigate Front-Loaded Cost Pressure in 2026?
ZACKS· 2026-03-03 15:11
Key Takeaways BROS expects about 80 bps full-year COGS pressure, led by a 200 bps hit in Q1.Coffee costs stayed elevated in 2025, with pricing impacts lagging two to three quarters.Dutch Bros sees occupancy costs rising in 2026 as build-to-suit leases expand to 45% mix.Dutch Bros Inc. (BROS) reported beverage, food and packaging costs of 27% of company-operated shop revenues in the fourth quarter of 2025, representing an increase of 160 basis point year over year. The company stated that coffee costs remain ...
Medtronic Debuts MiniMed Go Smart MDI With Simplera Sensor in Europe
ZACKS· 2026-03-03 15:11
Key Takeaways Medtronic launches MiniMed Go Smart MDI with the Simplera sensor in Europe.MDT's MiniMed Go system links InPen and Simplera data in one app with real-time insights and dose alerts.Medtronic's Diabetes business spin-off is progressing, with an IPO filing submitted in December 2025.Medtronic plc (MDT) recently announced the commercial launch of the MiniMed Go Smart MDI system with the Simplera sensor in Europe. The system brings together data from the InPen smart insulin pen and the Simplera sen ...