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Spirax Group (LON: SPX) Shares Tumble 10% Despite H1 Revenue Rising 5% to £863.8 Million
Spirax Group (LON: SPX) shares fell nearly 10% on Tuesday, August 11, 2026, even as the industrial engineering company reported stronger first-half results. Revenue rose 5% year on year to £863.8 million, while adjusted operating profit increased 8% to £171.1 million. The sell-off came as investors focused on the company’s unchanged full-year outlook. With expectations…
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…
KPI Green Energy (NSE: KPIGREEN) Shares Tumble 9% to ₹336 as Q1 FY27 Profit Drops 17% YoY to ₹86 Crore
KPI Green Energy shares came under heavy selling pressure on August 11, 2026, after the renewable energy company reported a weaker Q1 FY27 profit. The stock fell 9% to an intraday low of ₹336, compared with its previous close of ₹369.25. The main concern was a 17% year-on-year drop in net profit to ₹86 crore,…
Technocraft Ventures IPO Subscription Hits 6.98x on Day 3 as NII Demand Leads
Technocraft Ventures IPO closed its subscription window Tuesday, August 11, 2026, at 6.98 times overall. Non-institutional investors drove the strongest demand, pushing this EPC infrastructure issue well past full subscription. The ₹251.88 crore mainboard IPO priced shares between ₹200 and ₹212. Strong grey market activity suggests investors expect a solid listing debut this week. Technocraft…
Trump Cuts Childhood Vaccine Schedule to 11 Diseases, Splits MMR Shot
Trump signs executive order reducing childhood vaccines from 18 to 11 diseases and splitting MMR into three separate shots. Medical experts warn of increased disease risk and missed appointments.
Jharkhand Students Storm Assembly Over Exam Fraud; Police Use Tear Gas
Jharkhand students protested exam irregularities on August 10, clashing with police. Chief Minister Soren promised reforms while opposition demands CBI probe into JPSC-JSSC recruitment system failures.
Tesla (NASDAQ: TSLA) and SpaceX Plan $16.8 Billion Texas Chip Factory Spanning 100 Million Square Feet
Tesla and SpaceX confirmed plans Thursday, August 6, 2026, to build a massive semiconductor factory called Terafab in Grimes County, Texas. The initial investment stands at $16.8 billion, with the facility spanning more than 100 million square feet. Elon Musk, CEO of both companies, called it “the largest and most valuable building on Earth by…
Daniel Kinahan Extradited to Ireland, Remanded in Custody Until October 5
Daniel Kinahan, suspected leader of the Kinahan cartel, extradited from UAE to Ireland. Charged with directing criminal organisation. Remanded in custody until October 5, 2026.