Ready Capital Corp (NYSE:RC) has received a consensus "Reduce" rating from six brokerages, with two recommending sell and four hold. The average 12-month price target stands at $2.81, reflecting cautious sentiment. Despite this, a company director recently increased his stake by 16.1%, buying 30,000 shares at $1.95 each. The company reported a slight earnings beat last quarter but maintains negative profitability metrics. Ready Capital also announced a small quarterly dividend, signaling some confidence in cash flow. Institutional investors have adjusted their holdings recently, with 55.87% of shares owned by institutions. The stock trades near its 52-week low, indicating market concerns about its outlook.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Thor Explorations produced 19,153 ounces of gold in Q2 2026 from its Segilola mine in Nigeria, maintaining its full-year production guidance of 75,000 to 85,000 ounces. The company generated $77.3 million in revenue by selling 17,050 ounces at an ave...
Angelini Pharma has finalized its $4.1 billion acquisition of Catalyst Pharmaceuticals, enhancing its footprint in the U.S. market and strengthening its global leadership in brain health and rare diseases. The deal includes significant investments fr...
Greenwich LifeSciences is developing GLSI-100, an immunotherapy targeting HER2-positive breast cancer, currently in Phase 3 trials. The drug showed a 70-80% reduction in cancer recurrence in Phase 2b, outperforming existing treatments with no serious...
Ethereum (ETH) surged past the $1,894.89 resistance level, accelerating its recovery toward the $1,940–$1,950 zone after days of consolidation. This breakout was supported by lower-than-expected U.S. inflation data, which boosted risk appetite and bu...
