Clear Channel Outdoor Holdings reported an 11.9% revenue increase to $373.9 million in Q1 2026, driven by strong demand in U.S. markets and airports, including digital advertising growth. The company is set to be acquired by a Mubadala Capital and TWG Global consortium at $2.43 per share, pending shareholder and regulatory approvals, with the deal expected to close by Q3 2026. Following the merger, Clear Channel's stock will be delisted from public markets. The company did not provide earnings guidance or hold a public earnings call due to the pending merger.
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...
Several stocks experienced significant declines today driven by company-specific events. SANUWAVE Health's shares dropped 39.21% despite strong revenue guidance, Twin Vee Powercats fell 30.95% amid a legal investigation, and Gorilla Technology declin...
The phase III ENDURANCE trial showed that two years of lenalidomide maintenance therapy offers the same long-term survival benefit as indefinite treatment for patients with standard-risk multiple myeloma who are not transplant candidates. After nearl...
The stock market saw significant gains driven by corporate announcements and high trading volumes, particularly in battery technology, electric vehicles, and green energy sectors. Electrovaya surged 49.05% after announcing a commercial deal with Amaz...
An Akamai Technologies executive sold 3,100 shares as the company shifts focus from its declining content delivery network business to high-growth cloud infrastructure and cybersecurity services. This strategic pivot is supported by a $1.8 billion, s...
