Ferroglobe reported a 13.2% year-over-year sales increase to $347.7 million in Q1 2026, driven by higher volumes in silicon- and manganese-based alloys supported by trade measures and growing U.S. steel production. Despite volume gains, pricing pressures and rising costs in logistics and raw materials compressed margins, resulting in adjusted EBITDA of $3.3 million, down from $14.6 million in the prior quarter. The company is exploring growth opportunities by restarting Venezuelan operations and leveraging strategic shifts in U.S. and EU policies favoring domestic supply chains for critical materials. Ferroglobe ended the quarter with $96.4 million in cash and a net debt of $54.6 million, maintaining liquidity while managing cost challenges and paying dividends.
Alvotech announced pricing and allocation of a $152 million public share offering in the US and a concurrent private placement in Europe at $3.75 per share. The company expects total proceeds up to $165 million if underwriters exercise their full opt...
Alvotech announced a $152 million public offering and concurrent private placement of ordinary shares priced at $3.75 each. The public offering includes 22.7 million shares, with an option for underwriters to buy an additional 3.4 million shares. The...
The Schall Law Firm has launched an investigation into Oxford Industries following the company's sharp revenue guidance cut on June 10, 2026, which caused a significant drop in its share price. The probe focuses on whether Oxford issued false or misl...
The global market for highway, street, and bridge construction is projected to grow from $1.28 trillion in 2025 to $2.18 trillion by 2035, at a compound annual growth rate of 4.8%. Growth is driven by government infrastructure spending, urbanization,...
Pepeto's presale has rapidly raised over $10.27 million as Bitcoin's price surges past $66,600, fueled by positive market events like the US-Iran ceasefire and renewed ETF inflows. Cathie Wood's bullish Bitcoin price prediction of $1.25 million by 20...
