03:47 PM EDT, 08/02/2024 (MT Newswires) -- Enbridge ( ENB ) on Friday said it will not exercise its right to redeem its outstanding Cumulative Redeemable Preference Shares, Series 3 (ENB-PR-Y.TO) on Sept. 1. As a result, the holders of the Series 3 shares have the right to convert all or part of their holdings on a one-for-one basis into...

Cassava Sciences, Inc. ( SAVA ) saw its stock price soar Friday, possibly amid rising short interest and an anticipated conference call to discuss recent developments. What To Know: The company’s short percent of float has risen by 23.21% since its last report, with 16.13 million shares sold short, accounting for 35.89% of the total float. It would take traders...

04:05 PM EDT, 08/02/2024 (MT Newswires) -- Ocugen ( OCGN ) said Friday it closed an underwritten public offering of about 30.4 million common shares at $1.15 per share for gross proceeds of $35 million. Net proceeds from the offering are expected to be used for general corporate purposes, capital expenditures, working capital, and general and administrative expenses. ...

04:04 PM EDT, 08/02/2024 (MT Newswires) -- Kenvue ( KVUE ) is expected to report weaker results for Q2, as recent performance struggles continue, RBC Capital Markets said in a note Friday. Kenvue ( KVUE ) over-delivered last quarter, which was an improvement, but the company still faces Q2 pressure from destocking and seasonal issues, RBC said. RBC estimates Q2...