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Asics to Dissolve Trading Subsidiary, Consolidate Walking Business August 15
Asics will liquidate its trading subsidiary and consolidate walking operations. Q2 profit jumped 62.1% to 35.6 billion yen as Onitsuka Tiger brand drives growth.
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…
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.
SK Hynix Approves $38.3 Billion Investment to Expand Yongin and Cheongju Chip Plants
SK Hynix’s board approved a 54.3 trillion won ($38.3 billion) investment package Friday, August 7, 2026. The funding covers new fabrication plants in Yongin and Cheongju through 2031. This expansion responds directly to surging AI memory chip demand worldwide. SK Hynix continues racing to secure production capacity as memory prices climb sharply. $38.3 Billion Investment:…
NHK Apologizes for Mishandling Sexual Assault Case, Employee Diagnosed With PTSD
NHK apologizes for denying a sexually assaulted employee’s transfer request for 3+ years, leading to PTSD diagnosis. Investigation committee found the broadcaster’s response inadequate and prioritized procedure over human rights.
SoftBank (TYO: 9984) Faces AI Funding Test as Investors Focus on OpenAI Investment Strategy Ahead of Q1 Earnings
SoftBank Group Corp will report Q1 FY2026 earnings on August 6, 2026. Investors are closely watching how the company funds its massive OpenAI commitments. SoftBank’s share price has dropped nearly half since early June 2026. Analysts expect net profit of ¥148.4 billion for the April-June quarter. SoftBank Q1 Earnings Preview: What Analysts Expect Four analysts…
AstraZeneca Reportedly Considers Mega Merger With US Drugmaker Bristol Myers Squibb
AstraZeneca is reportedly in early-stage merger talks with Bristol Myers Squibb, the Financial Times said Sunday. The combined company would be worth close to $400 billion. AstraZeneca shares fell sharply on the news Monday morning. The discussions have reportedly continued for several months, though no deal has been confirmed yet. AstraZeneca-Bristol Myers Merger Talks: Deal…
MHT CET CAP Round 1 Seat Allotment Out August 2; Accept by August 5
MHT CET CAP Round 1 seat allotment released August 2, 2026. 1,57,103 seats allotted. Candidates must accept and report by August 5. Check fe2026.mahacet.org for results.