Viridien posted a net cash flow of $26 million in Q1 2026, reversing a $20 million outflow from the same period last year, driven by disciplined cash management and efficient receivables collection. Despite a 29% drop in segment revenue to $214 million due to market softness and Middle East conflict impacts, the company reduced net debt to $702 million by repaying $40.7 million on USD bonds. Viridien maintained steady productivity and expects full-year net cash flow of $100 million, with performance weighted to the second half of 2026. The company’s financial strength was recognized with upgraded credit ratings from S&P and Moody’s, supporting confidence amid ongoing geopolitical uncertainties.
The Taiwan Freedom Project has released a special 32-page section in The Washington Times titled "Why Taiwan Matters, Now More Than Ever," emphasizing Taiwan's critical geopolitical role and the threats it faces from China. The publication features b...
The Québec Superior Court has approved a restructuring transaction for Premier Health of America Inc., allowing the company to continue uninterrupted operations. The deal involves the acquisition of three affiliates by Polar Valley Investments Limite...
Alvotech announced that Celtic Lux Holdings S.a. r.l., formerly Alvogen Lux Holdings, pledged 88,940,619 shares and 7,007,321 Swedish warrants equivalent to shares on June 26. This transaction was reported to Luxembourg's financial regulator CSSF. Th...
QcX Gold Corp. plans to settle $272,088.34 of its debt by issuing 1,060,358 common shares at $0.2566 each to creditors, including insiders. This debt settlement requires regulatory approvals, including from the TSX Venture Exchange, and the shares wi...
Polygon Foundation CEO Sandeep Nailwal announced the integration of Open USD (OUSD), a stablecoin supported by a consortium including Visa, Mastercard, and Coinbase, with the Polygon network. This move enhances Polygon's already strong stablecoin pre...
