Scully Royalty Ltd.'s Board of Directors has implemented a new policy that prohibits the company from reimbursing or funding shareholder costs unless approved by at least 75% of voting shareholders. This policy aims to preserve company resources and prevent indirect funding of shareholder activities. Exceptions require full disclosure and strict accounting compliance. The policy can only be changed by the Board with a 60-day public notice. This move follows the recent resumption of the company's stock trading on the NYSE.
Travelzoo has announced new exclusive travel deals for its Canadian Club Members, featuring discounted packages to destinations like Portugal, the Maldives, British Columbia, and Antigua. Offers include a $799 Portugal coastal getaway with flights, a...
US stock markets closed last week with strong gains, led by the Dow, Nasdaq, and S&P 500, all maintaining levels above their rising 52-week averages. Investors are closely watching upcoming inflation reports (CPI and PPI) and earnings from tech compa...
XRP Ledger (XRPL) has proposed six protocol upgrades, including a key privacy feature called 'Confidential Transfers' aimed at institutional users. These upgrades require 80% validator approval over two weeks to activate, with voting currently ongoin...
MARA has obtained $600 million in new debt by pledging 18,750 Bitcoin, valued at about $1.2 billion, to finance its expansion into power generation and AI infrastructure. The loans come from Coinbase Credit and Two Prime Lending, with combined princi...
American Superconductor's Q1 FY26 results revealed strong growth in its Wind segment but weakness in its legacy Grid and NWL businesses, causing revenue shifts and margin compression. Despite impressive headline growth and improving profit margins, t...
