Bitcoin Suisse is cutting up to 60 jobs, about half its Swiss workforce, mainly in back-office, admin, and software roles. These functions will move to Bratislava and a new site in Vietnam as part of a strategic shift to expand internationally and focus on high-net-worth clients and institutions. Client-facing roles remain in Switzerland. The layoffs are not due to financial distress but a planned restructuring under CEO Andrej Majcen. The company is also closing its Copenhagen IT office, aiming to reduce costs while maintaining regulatory compliance across multiple jurisdictions.
Argus Research increased its price target for NetApp to $225, citing a 13.5% potential upside from the current price of $198.18. NetApp reported strong fiscal Q1 2027 results with revenues up 29.9% to over $2 billion and non-GAAP EPS rising 66.5% to ...
New Jersey American Water received approval for rate increases that will add $68 million annually to its revenue. This funding supports over $1.4 billion in critical infrastructure upgrades, including replacing aging water mains and improving treatme...
St-Georges Eco-Mining Corp. has not yet filed its audited financial statements for the fiscal year ending March 31, 2026, missing the July 29 deadline. The company expects to complete and file these annual reports by September 28, 2026, followed shor...
abrdn Income Credit Strategies Fund announced a reduction in its monthly distribution from $0.0775 to $0.055 per share, effective with the September 30, 2026 payment. This new rate represents an annualized yield of about 12.5% of the fund's net asset...
Ethereum (ETH) surged over 6.5% in under an hour to reach $2,663, its highest since February, following U.S. Consumer Price Index data that met expectations. This rally triggered $215 million in short position liquidations and reduced ETH's year-to-d...
