Diana Shipping, the largest shareholder of Genco Shipping & Trading, has sent an open letter urging Genco shareholders to elect six independent director nominees at the upcoming annual meeting. Diana criticizes the current Genco board for prioritizing management interests and spending over $13 million to resist Diana's $24.80 per share cash takeover offer. Diana's nominees bring extensive shipping and finance experience and promise to act in shareholders' best interests. Shareholders are encouraged to vote for Diana's slate and tender shares before the June 26 deadline, with the annual meeting on June 18, 2026.
Modest gains in Bitcoin and Ethereum caused a wave of short liquidations in crypto derivatives markets, with $4.9 billion in Bitcoin shorts and $5.6 billion in Ethereum shorts liquidated over 24 hours. This indicates heavy bearish positioning, making...
Stellar Lumens (XLM) has broken a multi-year descending trendline, marking a shift to a bullish phase supported by rising RSI and increased trading volume. Key support is at $0.2263 and resistance at $0.2730, defining its short-term trading range. De...
urban-gro, Inc. announced the Lanka Premier League (LPL) Season 6 player auction will be held on June 1, 2026, to finalize team squads for the July-August 2026 tournament. The auction involves five franchises and will be accessible live worldwide, pr...
The Cardano Foundation canceled the Cardano Summit 2026 after a treasury funding vote received 65.21% support, just short of the 66.67% supermajority needed. The revised proposal requested 7.8 million ADA (about $2 million) with added oversight and m...
Peloton's stock saw a modest increase following the announcement that Sid Thacker will be the company's new Chief Financial Officer. This leadership change is significant as it may influence Peloton's financial strategy and investor confidence moving...
