UBS (AMUB) launches capped, 300% participation basket notes with downside risk
UBS AG London Branch is offering capped, leveraged, basket-linked medium-term notes (AMUB) with a 300% upside participation rate but also full downside risk, meaning investors could lose their entire principal. The notes, with a $1,000 face amount and a 20-23 month term, pay no interest and their return is tied to an unequally-weighted basket of five global indices, with an expected cap between 109.00% and 110.56% of the initial basket level. The estimated initial value of the notes is below their issue price, reflecting issuance costs, and they carry significant tax uncertainties, including potential withholding and differing IRS interpretations.
Amgen Seeks FDA Hearing To Challenge Proposed Tavneos Withdrawal
Amgen has formally requested an FDA hearing to challenge the proposed withdrawal of its drug Tavneos, arguing that the benefits for patients with ANCA-associated vasculitis outweigh the risks. The company plans to submit detailed data and analysis by June 29, 2026, and emphasizes the importance of patient and stakeholder involvement in the decision-making process. Shares of Amgen were down 0.05% at $357.32 at the time of publication.
Summit Hotel Properties Announces Key Executive Transition And Leadership Plan: All You Need To Know
Summit Hotel Properties, Inc. announced that William “Trey” Conkling, Executive Vice President and Chief Financial Officer, will depart the company on June 15, 2026, for personal reasons. President and CEO Jonathan Stanner will assume interim CFO responsibilities, and a search firm has been engaged for a permanent replacement. Conkling will remain in an advisory role until September 30, 2026, ensuring a smooth transition for the REIT, which owns 94 premium-branded lodging properties in the U.S.
UBS (AMUB) issues capped 160% MSCI EAFE notes with $1,000 face and 12.5% buffer
UBS AG is offering Capped Leveraged Buffered MSCI EAFE Index-Linked Medium-Term Notes with a face amount of $1,000, providing an upside participation rate of 160% and a 12.5% buffer against losses. The notes have a capped maximum settlement amount between $1,192.48 and $1,226.40 and an expected term of 17 to 20 months. A primary risk is that investors could lose their entire investment if the underlying index declines significantly, and the estimated initial value is below the issue price.
Young artist leaves her mark on Pluto Energy Storage
High school senior Kassie Silva designed and painted a mural for NextEra Energy Resources’ Pluto Energy Storage facility in Goodyear, Arizona. The mural, inspired by Arizona's landscape and shared energy, features a ribbon of yellow light and the message "Shine light even on the darkest places." Silva, who plans to study theater production and design in college, hopes her artwork serves as a lasting symbol of hope and community engagement.
Struggling with AC bills? PG&E lists discounts and aid up to $1,500
Pacific Gas and Electric Company (PG&E) is offering various resources to help customers manage higher cooling costs this summer, including energy-saving tips, smart tools, and bill assistance programs. These programs include discounts of up to 35% on electricity for income-eligible customers and one-time credits of up to $1,500 for past-due balances. PG&E also provides advice on energy myths and facts, rate comparison tools, and personalized energy coaching to help customers reduce their bills.
Seagate's Strengthening Free Cash Flow: Can Growth Continue?
Seagate Technology Holdings plc (STX) is experiencing a significant surge in free cash flow, reaching $953 million in fiscal Q3 2026, marking a decade high and a 57% sequential increase, driven by explosive demand for its storage solutions fueled by AI. The company reported strong non-GAAP revenues of $3.11 billion, a 44% year-over-year increase, with its data center segment accounting for 80% of total revenues. Seagate is also focused on debt reduction and returning capital to shareholders through dividends, while maintaining capital discipline and investing in HAMR technology development.
Indivior PLC Stock (GB00BYZ0C031): US-listed opioid-addiction specialist stays in focus after Q1 upd
Indivior PLC, a US-listed opioid-addiction treatment specialist, remains a focal point for investors following its latest quarterly update. The company's performance is heavily tied to its opioid-use-disorder portfolio, particularly long-acting injectable formulations, and continues to be influenced by ongoing litigation risks and the evolving policy environment surrounding addiction treatments in the US. Investors are closely scrutinizing revenue growth, legal accruals, and the impact of policy and clinical practice trends on the company's financial flexibility.
Graco appoints Lincoln Electric CEO to board of directors By Investing.com
Graco Inc. (NYSE:GGG) has announced the appointment of Steven B. Hedlund, President and CEO of Lincoln Electric Holdings, Inc. (NASDAQ:LECO), to its board of directors effective September 10, 2026. Hedlund brings extensive manufacturing sector experience and will serve on Graco's audit and compensation committees. Graco, a $12.4 billion company trading near its 52-week low, boasts strong fundamentals including a 52% gross profit margin and 56 consecutive years of dividends.
Graco Inc. Appoints Steven B. Hedlund to the Board of Directors
Graco Inc. announced the appointment of Steven B. Hedlund to its Board of Directors, effective September 10, 2026. Hedlund, currently President and CEO of Lincoln Electric Holdings, Inc., brings extensive manufacturing and leadership experience. He will serve on the company's Audit Committee and Management Organization and Compensation Committee.



