Viavi Solutions announced a public offering of 11.1 million shares at $45 each, aiming to raise about $500 million before fees. The proceeds will primarily repay $450 million of Term Loan B debt, with any remaining funds used for working capital or general corporate purposes. The offering is expected to close on May 21, 2026, and includes an option for underwriters to buy additional shares. This move helps Viavi reduce debt and strengthen its financial position for future operations.
Celldex Therapeutics presented long-term Phase 2 results showing barzolvolimab provides rapid, significant, and durable relief from angioedema in patients with moderate to severe chronic spontaneous urticaria (CSU) refractory to antihistamines. Impre...
On World Blood Donor Day, June 14, 2026, more than 100 organizations in the US united to thank the 8 million annual blood donors and encourage more eligible people to donate. Blood donations are critical as a transfusion is needed every two seconds i...
Verizon and AT&T are both undergoing aggressive fiber network expansions but show different stock performances. Verizon trades near its 52-week high with improved earnings guidance and positive subscriber growth, while AT&T faces a recent downgrade a...
Hanwha Life Esports (HLE) is set to compete in the 2026 Mid-Season Invitational (MSI) with three players—Zeus, Zeka, and Viper—who have all participated in every major Riot Games international tournament. HLE secured the top seed from South Korea's L...
Strategy's executive chairman Michael Saylor announced another Bitcoin purchase set for Monday, adding to the company's nearly 850,000 BTC holdings valued at about $64 billion. The company has been buying Bitcoin at twice the rate of miner production...
