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Packing names including GPK plunged on Verso's acquisition by Billerud of Sweden. A conversion of Verso's coated paper capacity to paperboard wouldn't happen for late 2024 at the earliest. Market pricing in a large capacity increase and commensurate severe pricing pressure without...
The acquisition of Arena Pharmaceuticals by Pfizer for $4.69 billion. The announcement to acquire Arena comes less than a month after Pfizer closed another $2.2 billion deal. Bottomline Technologies (EPAY), a potential deal in the works, signed a merger agreement with Thoma Bravo....
Despite a recovery late in the day, Wall Street suffered notable losses on Monday amid mounting Omicron concerns and the likelihood that government stimulus would start drying up in near future. The electric vehicle sector represented a prime example of this second concern. The group suffered...
Shares of Verso (NYSE: VRS) jumped as much as 36.1% in trading on Monday, after paper products company announced that BillerudKorsnas will acquire it. The stock traded in a very tight range and ended the trading day up nearly 35%. BillerudKorsnas as agreed to pay $825 million, o...
Clearwater Paper Corp. (CLW -10.9%) shares drop after BMO Capital Markets downgrades the stock to Market Perform from Outperform following the acquisition of Verso Corporation (NYSE:VRS) by BillerudKorsnas. BK plans to convert "several" Verso machines to packaging board over the coming m...
Gainers: Society Pass (NASDAQ:SOPA) +237%. Bluerock Residential Growth (NYSE:BRG) +71%. Can-Fite (NYSE:CANF) +59%. AeroClean (NASDAQ:AERC) +58%. Galera Therapeutics (NASDAQ:GRTX) +38%. Verso (NYSE:VRS) +35%. Roivant (NASDAQ:ROIV) +26%. Venus (NASDAQ:VERO) +25%. BioCardia (NASDAQ:BCDA) +1...
Can-Fite BioPharma (NYSE:CANF) +71% liver cancer patient treated with can-Fite’s Namodenoson clears all cancer lesions under open label extension of phase II study. Society Pass Incorporated (NASDAQ:SOPA) +35% on being added to the Russell 2000 Index. Verso (NYSE:VRS) +3...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Welcome back, investor! The weekend break is over and that means it’s time to get back to work with the biggest pre-market stock movers for Monday! Source: f11photo/Shutterstock.com News moving stocks this mo...
Verso (NYSE:VRS) inks merger agreement under which BillerudKorsnäs AB will acquire all of the outstanding shares of Verso for $27 per share in cash, or ~$825M. The transaction is expected to close in Q2 2022. In making this acquisition, BillerudKorsnäs recognizes that Verso's strate...
Verso Corporation to be Acquired by BillerudKorsnäs AB for $27 Per Share in Cash, or Approximately $825 Million Creates one of the largest providers of virgin fiber paper and packaging with a cost and quality advantage PR Newswire MIAMISBURG, Ohio , Dec. 1...
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VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the second quarter will take place on Thursday, July 25, 2024, at 4:30 p.m. (EDT). The earnings news release will be distributed to th...
VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the first quarter of 2024. VeriSign, Inc. and its subsidiaries (“Verisign”) reported revenue of $384 million for the first...
VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the first quarter will take place on Thursday, April 25, 2024, at 4:30 p.m. (EDT). The earnings news release will be distributed to th...