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Grafa

CollPlant explores strategic options as revenue drops following milestone loss

CollPlant Biotechnologies (NASDAQ:CLGN) initiated a formal review of its strategic alternatives after a sharp contraction in milestone revenue caused its first-quarter sales to drop to near-zero, forcing the company to slash its workforce by half.

Read more: CollPlant explores strategic options as revenue drops following milestone loss
Grafa

Merck secures FDA breakthrough status for Calderasib and Keytruda lung cancer combination

Merck (NYSE:MRK) announced Friday that the U.S. Food and Drug Administration has granted Breakthrough Therapy designation to its investigational oral drug calderasib when paired with the company’s blockbuster immunotherapy Keytruda, accelerating its development path for newly diagnosed lung cancer patients.

Read more: Merck secures FDA breakthrough status for Calderasib and Keytruda lung cancer combination
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BeOne Medicines showcases sustained leukemia control with long-term Brukinsa data

BeOne Medicines (NASDAQ:ONC) is moving to advance the treatment paradigm for chronic lymphocytic leukemia (CLL) with extensive long-term follow-up data slated for the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting.

Read more: BeOne Medicines showcases sustained leukemia control with long-term Brukinsa data
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Technology

Dell surges 40% as blockbuster AI server demand triggers forecast upgrades

Shares of Dell Technologies (NYSE:DELL) soared nearly 40% in premarket trading on Friday after robust demand for its Nvidia-powered artificial intelligence servers prompted the hardware giant to sharply raise its annual revenue and profit forecasts.

Read more: Dell surges 40% as blockbuster AI server demand triggers forecast upgrades
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Oil and Gas

Oil steadies near $94 but heads for steepest weekly loss since April on Iran deal hopes

Oil prices stabilized on Friday but remained on track for their sharpest weekly decline since early April, as investors weighed reports of a tentative ceasefire extension between the U.S. and Iran against a backdrop of lingering political hurdles.

Read more: Oil steadies near $94 but heads for steepest weekly loss since April on Iran deal hopes
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FDA approves AstraZeneca's Imfinzi combination for high-risk bladder cancer

The U.S. Food and Drug Administration approved AstraZeneca's (NYSE:AZN) blockbusting immunotherapy Imfinzi (durvalumab) in combination with Bacillus Calmette-Guérin (BCG) induction and maintenance therapy, marking a major regulatory expansion for the company’s oncology franchise into earlier-stage disease.

Read more: FDA approves AstraZeneca's Imfinzi combination for high-risk bladder cancer
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Retail

Johnson Outdoors authorizes quarterly dividends for Class A and Class B common stock

Johnson Outdoors (NASDAQ:JOUT) announced that its Board of Directors has formally approved its latest quarterly cash dividend, maintaining the company’s long-standing commitment to steady capital returns for both classes of its publicly traded stock.

Read more: Johnson Outdoors authorizes quarterly dividends for Class A and Class B common stock
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U.S. regulator pauses review of $85B Union Pacific, Norfolk Southern merger

The U.S. Surface Transportation Board accepted a revised merger application from Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) on Thursday but immediately froze all formal proceedings, dealing a tactical setback to the proposed $85 billion megadeal.

Read more: U.S. regulator pauses review of $85B Union Pacific, Norfolk Southern merger
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Toro profit falls to $0.5 million as shipping line hands out dividends

Toro Corp. (NASDAQ:TORO) reported a decline in first-quarter net income as escalating operational costs outpaced top-line growth, though the shipping company leveraged its robust liquidity reserves to clear a new credit line and push through massive cash payouts to equity holders.

Read more: Toro profit falls to $0.5 million as shipping line hands out dividends
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Technology

CECO and Thermon shareholders overwhelmingly approve strategic combination

CECO Environmental  (NASDAQ:CECO) and Thermon Group Holdings (NYSE:THR) secured near-unanimous approval from their respective stockholders for their pending strategic combination, clearing the final major execution hurdle toward building a consolidated industrial environmental and process thermal solutions provider.

Read more: CECO and Thermon shareholders overwhelmingly approve strategic combination
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Technology

Formula Systems profit surges on record revenue, sets $200M special dividend

Formula Systems (NASDAQ:FORTY) reported record financial results for the first quarter of 2026, driven by double-digit revenue expansion across its global technology portfolio and the finalization of a massive software consolidation merger.

Read more: Formula Systems profit surges on record revenue, sets $200M special dividend