Hornbeck Offshore Services and Helix Energy Solutions have completed their merger, forming a leading integrated offshore services company. The combined entity will trade on the NYSE as 'HOS' starting September 2, 2026, with Todd M. Hornbeck as CEO. This merger combines Hornbeck's marine expertise with Helix's subsea and robotics capabilities, aiming to enhance service offerings in deepwater oilfield, defense, and renewables sectors. The new company expects to leverage its scale and diversified capabilities to drive growth and create long-term shareholder value.
Alphabet CEO Sundar Pichai revealed that the company is facing challenges in rapidly expanding its AI capacity to meet demand. Meanwhile, competitor Anthropic has successfully secured 5 gigawatts of AI computing power, highlighting a significant deve...
Papa John's International is rated Buy due to its strategic initiatives aimed at improving North American sales through enhanced local advertising, digital engagement, and AI-driven personalization. The company is also implementing significant cost-c...
Rosenblatt increased Apple's stock price target from $300 to $303, maintaining a Neutral rating ahead of the anticipated foldable iPhone launch on September 9. The firm believes Apple can manage supply-chain challenges through higher prices, premium ...
Northern Graphite reached a binding agreement with Sprott Streaming to restructure $22.5 million of senior secured debt, improving its financial position and making Sprott its largest shareholder. However, the restart of the Lac des Iles mine in Queb...
Unigold Inc has received formal backing from local authorities and residents in Restauracion, Dominican Republic, to start an Environmental and Social Impact Assessment (ESIA) for its Neita gold project, which holds about 2.29 million ounces of gold....
