Sumitomo Forestry has finalized its acquisition of Tri Pointe Homes for $47 per share, making Tri Pointe a wholly owned subsidiary and delisting it from the NYSE. This deal expands Sumitomo Forestry's U.S. homebuilding presence to 18 states, delivering about 15,000 homes annually and positioning it as the 5th largest homebuilder in the U.S. Both companies will combine expertise to offer high-quality homes and pursue sustainable growth. The acquisition supports Sumitomo Forestry's Mission TREEING 2030 goal to supply 23,000 homes annually in the U.S. by 2030.
US stock futures gained following a mixed market close and President Trump's approval of Nvidia's H200 AI chip sales to Chinese firms, although China has halted deliveries. Economic data showed a 0.5% rise in April retail sales and a slight increase ...
Verde Resources Inc. announced its invitation to the GenZero Climate Summit 2026 in Singapore, a key event focused on advancing net zero solutions. The company aims to expand its presence in Singapore and Southeast Asia, leveraging its newly establis...
INmune Bio announced that the FDA granted Fast Track designation to its drug XPro1595 for treating early Alzheimer's disease, including mild cognitive impairment and mild dementia stages. This designation aims to speed up the development and review p...
Kyverna Therapeutics, a late-stage biopharmaceutical company developing cell therapies for autoimmune diseases, announced it will present at the H.C. Wainwright Nasdaq BioConnect Conference on May 19, 2026, and the Jefferies Global Healthcare Confere...
Gentherm is showcasing its expansion into the home and office furniture markets at NeoCon 2026, introducing wellness experiences that integrate thermal and pneumatic comfort technologies. Building on decades of automotive and medical expertise, Genth...
