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PNE AG (ETR: PNE3) Shares Plunge Over 20% as Takeover Bids Fall Below Current Market Price
PNE AG shares have plunged more than 20% since Monday’s disclosure that takeover bids fell short of expectations. The German wind farm developer confirmed potential acquirers priced below the company’s current market valuation. PNE AG’s stock hit its lowest level since late April on Tuesday, August 11, 2026. The uncertainty now clouds a sale process…
Intel (NASDAQ: INTC) Upsizes Stock Offering to $20 Billion at $95 a Share, Stock Gains 1% Premarket
Intel Corporation priced an upsized $20 billion common stock offering on August 11, 2026. The chipmaker sold 210,526,315 shares at $95 per share, up from an initial $15 billion target announced Monday. Intel shares gained about 1% in premarket trading Tuesday, recovering after Monday’s 4% drop. The deal reflects surging demand for Intel’s foundry buildout…
Apollo Micro Systems Share Price Falls 2.72%: Revenue Surges 88%, PAT Jumps 43%
Apollo Micro Systems share price came under pressure on August 10, 2026, despite a strong Q1 FY27 performance. The defence electronics company reported an 88% year-on-year rise in revenue to ₹251.3 crore, while profit after tax increased 43% to ₹25.2 crore. Despite these strong numbers, buying interest remained weak. Investors are now tracking margins, valuation…
Accell Group Files for Insolvency on August 5; 370 German Jobs at Risk
Accell Group files for insolvency after failed takeover. German bike brands Ghost, Haibike, and Winora seek administration. 370 employees affected. Company owns Raleigh and Babboe.
QVC Exits Bankruptcy With $5B Debt Cut, Mike George Returns as CEO on August 7
QVC exits bankruptcy with $5 billion debt reduction and $600 million new credit facility. Former CEO Mike George returns to lead turnaround as company relists on Nasdaq under symbol QVCG.
First Phosphate Uplists ADRs to Nasdaq on August 10, 2026
First Phosphate uplists Level 2 ADRs to Nasdaq Global Market under ticker PHOS on August 10, 2026. The move converts OTCQX holdings automatically and maintains a 10-to-1 ADR ratio.
Goodwin Mulls Sale of Defence Engineering Division Supplying Submarine and Warship Components
On August 7, 2026, British engineering company Goodwin confirmed it is reviewing options for its defence engineering division, including the possible sale of a substantial part of the business. The division supplies critical components for UK and U.S. submarines and warships, making the announcement one of the most closely watched developments in the defence sector….
AMD Stock Climbs 1.50% Following Acquisition of Alumni-Founded Chip Company
AMD stock rose 1.50% Thursday, August 6, 2026, closing at $489.29 per share. The gain followed AMD’s definitive agreement to acquire Taalas, a Toronto AI chip startup. Taalas was founded by former AMD engineers who later built model-specific inference chips. This marks AMD’s fourth AI-focused acquisition within just nine months. AMD Stock Today: Shares Rise…
Indonesia Takes Over Whoosh High-Speed Rail as Losses Mount to ¥45 Billion
Indonesia’s government takes control of the Whoosh high-speed railway from state firms after losses ballooned to ¥45 billion in the first half of 2026. The transfer aims to restructure debt without burdening the state budget.