Boston Scientific to acquire Silk Road Medical for $1.26 billion, enhancing its vascular portfolio with Silk Road's TCAR system, a breakthrough in stroke prevention. Transaction closes in H2 2024.
Palantir shares closed Monday up 6.15% after Argus Research analyst Joseph Bonner initiated coverage on the stock with a Buy rating and announced a price target of $29, highlighting momentum around the company's commercial business.
Trump Media & Technology Group shares are down in premarket trading despite a recent surge, as the company addresses short selling concerns and plans expansion into streaming and media acquisitions.
NextEra Energy said it intends to sell $2 billion of equity units consisting of a contract to purchase NextEra Energy common stock and a 5% undivided beneficial ownership interest in a NextEra Energy Capital Holdings debenture due June 1, 2029. Each unit will be issued for $50.
After the market close on Monday, Chegg announced a restructuring plan including a 23% headcount reduction, a new brand and marketing strategy and a dedication of more resources to its international program.
Following a subpoena from D.C. authorities, Philip Morris has suspended online sales of its Zyn nicotine pouches amid an investigation into compliance with local flavored product bans.