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Dr. Reddy's rings NYSE bell to celebrate 25 years of listing

Dr. Reddy's Laboratories celebrated 25 years of its NYSE listing by ringing the Closing Bell on May 29, 2026. This milestone highlights the company's long-standing presence in the global market and its commitment to governance and transparency. The company was the first pharmaceutical firm in Asia, outside Japan, to be listed on the NYSE in April 2001.

Source: scanx.trade
May 29, 2026 | 01:10:26
Category: General

Sol Gel Technologies Q1 Loss On US$0.1 Million Revenue Fuels Bearish Narrative

Sol-Gel Technologies reported a Q1 2026 revenue of US$0.1 million and a net loss of US$3.7 million, alongside a basic EPS loss of US$1.31. The company has shown lumpy revenue historically, with a significant portion of its trailing 12-month revenue coming from a single quarter. Despite showing some reduction in losses over the last five years, ongoing unprofitability and a high valuation compared to peers raise concerns among investors.

Source: Simply Wall Street
May 29, 2026 | 01:10:27
Category: General

Delta Air Lines (DAL): Our Calculation of Intrinsic Value

This article provides a Discounted Cash Flow (DCF) analysis of Delta Air Lines (DAL), concluding that the stock appears modestly undervalued with an intrinsic value per share of approximately $88, compared to its current price of around $68, representing a 23% margin of safety. The analysis highlights Delta's strong position in the airline industry, driven by resilient travel demand, a valuable loyalty program, and operational scale, with growth prospects tied to international travel recovery and corporate travel normalization. However, future returns are contingent on sustained travel demand, fuel cost management, and broader macroeconomic conditions.

Source: The Acquirer's Multiple
May 29, 2026 | 01:15:23
Category: General

S&P Global raises RTX outlook on strong aerospace demand By Investing.com

S&P Global Ratings has upgraded its outlook on RTX Corp. to positive from stable, affirming its BBB+ issuer credit rating. This positive revision is driven by strong demand for defense products and the commercial aerospace sector, which is expected to support solid cash flow and allow RTX to maintain favorable financial metrics. The company benefits from its extensive defense contracts and resilient aftermarket demand for aircraft parts and services, despite ongoing challenges with its Pratt & Whitney engines.

Source: Investing.com South Africa
May 29, 2026 | 01:38:17
Category: General

Rocket Lab CFO Adam Spice sells $8.9m in RKLB common stock

Rocket Lab's Chief Financial Officer, Adam Spice, sold 62,744 shares of RKLB common stock for $8.9 million on May 26, 2026. These "sell-to-cover" transactions were primarily to satisfy tax obligations related to restricted stock units. Following the sale, Spice retains significant direct and indirect holdings in the company.

Source: Investing.com
May 29, 2026 | 01:38:57
Category: General

Howard Bernard Culang Sells 3,612 Shares of Radian Group (NYSE:RDN) Stock

Howard Bernard Culang, Chairman of Radian Group (NYSE:RDN), sold 3,612 shares of the company's stock on May 27th for $130,032, reducing his direct ownership by about 31% in this transaction and following another sale of 5,000 shares on May 26th. Despite the insider selling, Radian Group recently reported strong quarterly results, beating analyst estimates for both EPS and revenue, and declared a quarterly dividend of $0.255 per share. Analyst sentiment remains largely positive, with a consensus "Moderate Buy" rating for the stock.

Source: MarketBeat
May 29, 2026 | 01:39:05
Category: General

PLDT eyes internet-solar power bundle offers

PLDT Inc. is exploring a new business venture by partnering with a major solar energy provider to offer bundles of broadband subscriptions with residential solar panel systems. Initial test marketing for this initiative has shown promising results, indicating strong consumer interest in integrating high-speed connectivity with renewable energy solutions. This strategic move aims to help families manage rising electricity costs and expand PLDT's presence in household utilities.

Source: Inquirer.net
May 29, 2026 | 01:39:08
Category: General

PermRock Royalty Trust Hits 52-Week Low as Stock Drops to $1.94

PermRock Royalty Trust (NYSE: PRT) has reached a new 52-week low of $1.94, marking a significant 46.43% decline over the past year. The company is facing financial challenges, including low profit margins and no dividends, despite some valuation metrics suggesting potential undervaluation. Its recent financial results show pre-tax and net profits at their lowest for the quarter, contributing to the stock's downward trend.

Source: Markets Mojo
May 29, 2026 | 01:39:42
Category: General

SandRidge Energy Inc stock (US8000758697): shares trade sideways as U.S. oil and gas name stays in focus

SandRidge Energy Inc. (SD) shares have been trading in a narrow range around the mid-teens on the NYSE throughout May 2026, without significant new corporate announcements. The U.S. oil and gas producer, with a market capitalization of approximately $520 million, is categorized as a small-cap company. Its stock movements have largely mirrored the broader oil and gas exploration sector rather than company-specific news.

Source: Ad Hoc News
May 29, 2026 | 01:40:18
Category: General

Wynn Resorts’ largest shareholder Tilman Fertitta to acquire U.S. casino operator Caesars Entertainment

Tilman Fertitta, the largest shareholder of Wynn Resorts, is set to acquire U.S. casino operator Caesars Entertainment in a US$17.6-billion all-cash deal. This acquisition will unite Caesars' extensive network with Fertitta Entertainment's Golden Nugget brand and other hospitality assets, creating a combined entity overseeing 60 casino resorts and numerous other venues. The transaction values Caesars Entertainment at US$31.00 per share, representing a 49 percent premium, and is subject to shareholder and regulatory approvals, with a "go-shop" period open until July 11 for alternative offers.

Source: GGRAsia
May 29, 2026 | 01:51:48
Category: General

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