SecureWorks Corp. ( SCWX ) shares are trading higher after it reported first-quarter FY25 results. Revenue of $85.652 million beat the consensus of $84.198 million. Revenue fell year-over-year reflecting the strategic wind-down of the legacy Other MSS business. Taegis revenue grew 10% Y/Y to $69.1 million, and annual recurring revenue (ARR) rose 7% Y/Y to $287 million. Taegis adjusted gross margin expanded to 74.3% from...

01:23 PM EDT, 06/06/2024 (MT Newswires) -- Canadian National Railway ( CNI ) said Thursday it formally offered binding arbitration earlier this week to the Teamsters Canada Rail Conference. This process has a mutually agreed upon independent arbitrator settle the labor dispute by evaluating the demands of each side and deciding on the terms of the new collective agreement, the...

Globe Life Inc ( GL ) shares are trading lower by 2.5% to $81.44 during Thursday’s session after The Bear Cave newsletter issued a report on the company. Globe Life ( GL ), which sells life, burial and supplemental health insurance, is accused by The Bear Cave of issuing unwanted policies, losing track of active policies and improperly delaying or...

Dynex Capital Inc ( DX ) shares are trading lower by 4.1% to $11.95 during Thursday’s session after the company announced it has priced an underwritten public offering of 10.5 million shares of common stock, aiming to raise approximately $126 million before deductions for underwriting discounts, commissions and expenses. Additionally, the company has given underwriters a 30-day option to purchase...