On Friday, The Singing Machine Company, Inc. ( MICS ) completed the acquisition of SemiCab, an artificial intelligence technology company in the global logistics space. The transaction was structured as an asset purchase/sale. At closing, Singing Machine ( MICS ) will issue to SemiCab 641,806 shares of its common stock, which represents approximately 10% of the company’s issued and outstanding common stock...

Shares of Smith & Nephew Plc ( SNN ) are trading higher on Friday. Smith+Nephew offers a medical technology portfolio across orthopedics, sports medicine, ENT, and advanced wound management. In an SEC filing, Smith & Nephew ( SNN ) reported that an activist investor, Cevian Capital, had taken a 5% stake. Citing a partner at the Swedish fund, Bloomberg noted...

High-rolling investors have positioned themselves bullish on PDD Holdings ( PDD ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in PDD often signals that someone has privileged information. Today, Benzinga's...

COPENHAGEN (Reuters) - Danish drugmaker Novo Nordisk has been reprimanded by UK regulators for failing to disclose fees and expenses paid to individuals and organisations in Britain amounting to about 7.8 million pounds ($9.97 million) between 2020 and 2022. The UK industry body Prescription Medicines Code of Practice Authority (PMCPA) said on Friday that the reprimand followed a voluntary submission...