"We are entering a summer of the bond market," MUFG chief macro strategist George Goncalves said on "Bloomberg Surveillance." He says falling oil prices will smooth the way for a rally in fixed income.
Deswell Industries (NASDAQ:DSWL) reported net sales of $28.1 million for the six months ended March 31, 2026, representing a 13.4% decrease compared to $32.4 million in the prior year.
AngioDynamics (NASDAQ:ANGO) announced that the U.S. Food and Drug Administration approved its Investigational Device Exemption application to begin the RELIEF feasibility study.
US retail sales jumped in May as the value of retail purchases rose 0.9% after a revised 0.4% increase in April as consumer demand remained resilient. The figures are not adjusted for inflation. Michael McKee reports on Bloomberg Television.
AstroNova (NASDAQ:ALOT) agreed to be acquired by private equity firm Arcline Investment Management in an all-cash transaction with an enterprise value of approximately $272 million.
Bed Bath & Beyond (NYSE:BBBY) signed a definitive agreement to acquire Fathom Holdings (NASDAQ:FTHM) to incorporate residential real estate services into its existing home-focused business model.
Bob McNally, founder and president at Rapidan Energy Group, says oil is "oversold," but he expects the markets to retrace as he examines reaction to the interim deal between the US and Iran.
Keir Starmer is close to having been in office for two years, but his term has not been going to plan. The UK Prime Minister has seen sluggish economic growth, a collapse in popularity, and bond yields hitting highs not seen in decades. Now, many inside his own party wonder if a different leader and direction might be needed. Voters go to the polls tomorrow in Makerfield to vote on if one likely contender Andy Burnham, will make it to parliament. John Caudwell is a the billionaire investor and founder of Phones4u. He was a lifelong Conservative supporter who switched to Labour in 2024. Joined Stephen Carroll and Lizzy Burden to shares his views on the outlook for the UK.
Diana Shipping (NYSE:DSX) — Genco's largest shareholder — states that its latest proposal offers Genco (NYSE:GNK) shareholders "immediate cash certainty" combined with the potential for equity participation in the combined company.
Jeff Bezos, the founder of Amazon.com Inc. and rocket company Blue Origin, says the explosion of its New Glenn rocket "was a rough moment," adding it was "a gut punch" for the whole team involved. The rocket exploded in Florida in May. (Source: VivaTech 2026)
uniQure (NASDAQ:QURE) announced that the FDA cleared its clinical data package for AMT-130 to serve as the primary basis for a Biologics License Application (BLA).
Verastem Oncology (NASDAQ:VSTM) today announced positive updated safety and efficacy results from the RAMP 205 Phase 1b/2a Recommended Phase 2 Dose (RP2D) cohort of 29 patients evaluating its investigational combination regimen in first-line metastatic pancreatic ductal adenocarcinoma (PDAC).
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