The operator of Starbucks and Domino's franchises lowered its full-year EBITDA growth outlook to low-single digits after reporting a 53% drop in second-quarter net profit, citing currency headwinds and soft consumer demand.
AMR Resources Acquisition Corp., a special purpose acquisition company, has raised $260 million in its Nasdaq IPO and will seek to merge with a business in the mineral resources industry.
Southern Cross Acquisition I Corp., a special purpose acquisition company, has priced its initial public offering of 10 million units at $10 each, raising $100 million. The units are set to begin trading on the Nasdaq Global Market under the ticker 'NCOOU'.
Shares of the energy company fell more than 5% in after-hours trading following the announcement of a major capital raise intended to finance its purchase of WildFire Intermediate Holdings.
An analysis of small-cap exchange-traded funds shows that strategies focusing on value and quality factors are delivering superior returns compared to popular broad-market benchmarks.
The construction and mission-support services companies saw their stocks rise in extended trading after S&P Dow Jones Indices announced they would join the widely-tracked benchmark, triggering demand from passive investment funds.
Russia's main stock index closed higher on Monday, buoyed by significant gains in the mining and energy sectors, though a concurrent rise in the volatility index pointed to underlying investor caution.
Samsung Electronics is launching its first-ever US credit card, the Samsung Galaxy Card, in a new partnership with Barclays US Consumer Bank. The card, which will run on the Visa network, aims to deepen customer loyalty with rewards focused on the Samsung ecosystem.
Samsung Electronics has launched its first U.S. co-branded credit card with Barclays, a move that deepens its push into financial services and intensifies competition in the digital wallet space.
