Sound Energy PLC has agreed to sell its remaining 20% stake in the Tendrara gas development in Morocco to Managem for a deal valued at $57 million. The sale will leave Sound Energy with $11 million in cash after repaying its €28.8 million senior secured notes, effectively eliminating its debt. This marks Sound Energy's full exit from Morocco as it also relinquishes other exploration interests there. The company aims to refocus on energy transition and upstream hydrocarbon projects outside Morocco as a debt-free entity. Shares fell 33% following the announcement due to the exit and project delays, with first gas now expected in Q3 2026 instead of October 2025.
Pomerantz LLP is investigating Oxford Industries and some of its executives for potential securities fraud following the company's significant reduction in its 2026 revenue guidance and lower-than-expected Q2 sales projections. This announcement caus...
Enerpac Tool Group announced it will acquire Specialized Fabrication Equipment Group (SFE Group) for approximately $472 million in cash. The acquisition adds a portfolio of 12 premium industrial tool brands and expands Enerpac’s presence in higher-gr...
Pomerantz LLP is investigating ON Semiconductor Corporation for potential securities fraud following its announcement to acquire Synaptics Incorporated in an all-stock deal valued at around $7 billion. The deal offers Synaptics shareholders 1.35 ON S...
Nasdaq announced that Pitanium Limited's securities will be delisted from the Nasdaq Stock Market on July 16, 2026, unless the company appeals the decision. Trading of Pitanium shares has been halted since October 18, 2025, following a suspension by ...
Nasdaq has notified Platinum Analytics Cayman Limited that its securities will be delisted from the Nasdaq Stock Market on July 16, 2026, unless the company appeals. Trading in the company's shares has been halted since October 18, 2025, following a ...
