Friedman Industries, Incorporated
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ASTL Stock May 16: Algoma Steel Considers Blast Furnace Restart
Algoma Steel may restart its blast furnace after January shutdown. CEO cites $27.4M tariff costs in Q1 2026.
Paper Products Price Hike May 17: Middle East Crisis Drives 15% Surge
Daishowa Paper raises prices 15% on tissue, diapers, and toilet paper from August 1 due to Middle East crisis impact on raw materials.
Nik Storonsky May 16: Revolut CEO Reshapes Banking
Nik Storonsky, Revolut CEO, trends as Sunday Times Rich List reveals his $75B company valuation and billionaire status reshaping global banking.
Samsung Stock May 16: $66B Rout Sparks Strike Crisis
Samsung Electronics loses $66B in market value as 41,000 workers threaten 18-day strike from May 21. Seoul intervenes as labor tensions escalate.
Switzerland Economy May 16: Coffee Export Boom Reshapes Trade
Switzerland’s coffee exports reach CHF3.3 billion annually, ranking second globally through advanced processing and trade innovation.
Japan Foreign Worker Guidelines May 16: New Employer Rules Take Effect
Japan updates foreign worker employment guidelines May 16. Employers must provide Japanese language education and face penalties for false…
Kairous Acquisition Corp. Limited (KACL) Holds $12.33 Amid Shell Company Transition
KACL stock trades flat at $12.33 on NASDAQ. Shell company seeks Asia acquisition opportunities. Market cap $45.4M.
BESIY: Deutsche Bank Maintains Buy Rating, Raises Price Target
Deutsche Bank maintains Buy rating on BESIY, raises price target to EUR 240 from EUR 215 on May 15, 2026.
LGND Earnings Miss: Ligand Pharmaceuticals Q2 2026 Falls Short
LGND missed Q2 2026 earnings with $1.63 EPS vs $1.84 estimate and $51.72M revenue vs $59.10M expected. Stock down 2.63%.