Shares of BT Group fell nearly 4% following reports that the UK government intends to block Indian billionaire Sunil Bharti Mittal from increasing his stake in the telecom company beyond 25%. The government cited national security concerns about maintaining control over critical infrastructure, specifically BT's Openreach broadband network serving over 22 million UK homes. Bharti Enterprises, Mittal's conglomerate, became BT's largest shareholder in late 2024 and currently holds just under the 25% threshold that triggers a formal review. Officials have indicated any attempt to exceed this limit would be blocked, reflecting broader concerns about resilience and sovereign control rather than targeting Bharti or India specifically.
The Hanover Insurance Group announced a quarterly dividend of $0.95 per common share, payable on June 26, 2026, to shareholders of record as of June 12, 2026. This dividend reflects the company's ongoing commitment to returning value to shareholders....
Alexandria Real Estate Equities announced a quarterly cash dividend of $0.72 per common share for Q2 2026, payable on July 15 to shareholders of record as of June 30. This dividend matches the previous quarter's payout and supports the company's stro...
Parex Resources has finalized its acquisition of Frontera Energy's Colombian exploration and production assets for $500 million, making it the largest independent oil and gas producer in Colombia. The deal, funded by senior unsecured notes and debt a...
zSpace, Inc. has converted over $12 million of its outstanding debt into equity through agreements with two lenders, significantly improving its financial position. Fiza Investments converted about $10 million in debt into common and preferred stock ...
Nvidia unveiled new ARM-based hardware at Computex 2026, including the "Vera" CPU designed for AI and data centers. Jim Cramer praised the move, calling it a major positive for ARM Holdings, whose stock has surged over 200% this year. Nvidia is shift...
