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Vyome–ReShape (NASDAQ: RSLS) Merger Finalized; New Entity to Trade as “HIND”

ReShape Lifesciences® (Nasdaq: RSLS) announced shareholder approval of all proposals required to finalize its merger with Vyome Therapeutics. The merger is expected to become effective as of the commencement of trading on Friday, August 15, 2025. Following completion, the combined company will operate as …

Team Kalkine | 08 August 2025

Ready Capital (NYSE: RC) Boosts SBA Lending, Streamlines Operations with Mortgage Exit in Q2

Image source: © 2025 Krish Capital Pty.LtdHighlightsReady Capital reported a GAAP loss per common share from continuing operations of 0.31 in Q2 2025.Distributable loss per common share before realized losses stood at 0.10 for the quarter.The company completed the sale of its Residential Mortgage …

Team Kalkine | 08 August 2025

U.S. Market Wrap: Earnings Optimism Lifts Sentiment Amid Rising Tariffs and Policy Shifts

Index Update:U.S. markets rose on Wednesday, supported by strong corporate earnings and growing expectations of a Fed rate cut in September, following weak labor data. However, gains were tempered by renewed trade tensions after the U.S. imposed a 25% tariff on Indian goods over …

Team Kalkine | 07 August 2025

JPMorgan Raises Price Target on AMD (NASDAQ:AMD) Despite Neutral Rating

Advanced Micro Devices (NASDAQ:AMD) received an updated price target from JPMorgan Chase & Co., which increased its 12-month projection from USD 120.00 to USD 180.00 in a report released on Wednesday. Despite the higher target, JPMorgan maintained a "neutral" rating on the stock, indicating …

Team Kalkine | 07 August 2025

Granite REIT (NYSE: GRP.U) Reports CAD 95M Q2 Net Income, Adds CAD 49.5M in Florida Assets

Granite Real Estate Investment Trust (NYSE: GRP.U) reported second quarter 2025 results, posting net income attributable to unitholders of CAD 95.0 million, a CAD 18.8 million increase from the prior-year period. The gain was driven by a CAD 6.6 million rise in net operating …

Team Kalkine | 07 August 2025

Eaton (NYSE: ETN) Completes Acquisition of Resilient Power Systems to Advance Solid-State Transformer Technology

Eaton Corporation plc (NYSE: ETN) announced the completion of its acquisition of Resilient Power Systems Inc., a U.S.-based developer of solid-state transformer technology and compact energy infrastructure solutions. The acquisition enhances Eaton’s capabilities in high-efficiency power management, particularly for data center, EV charging, and …

Team Kalkine | 07 August 2025

Affiliated Managers Group (NYSE: AMG) to Sell Comvest Credit Stake for USD 285 Million

Affiliated Managers Group (NYSE: AMG) has entered into an agreement to divest its interest in Comvest Partners’ private credit business, in a transaction tied to Manulife Financial Corporation’s acquisition of the unit. The deal values AMG’s share at approximately USD 285 million in cash, …

Team Kalkine | 07 August 2025

Motorola Solutions (NYSE: MSI) Acquires Silvus Technologies, Tapping Into Multi-Billion Drone and Unmanned Systems Market

Motorola Solutions (NYSE: MSI) has finalized its acquisition of Los Angeles-based Silvus Technologies Holdings Inc., a provider of mobile ad-hoc network (MANET) solutions tailored for mission-critical communications in defense and public safety operations. The acquisition marks Motorola's entry into a growing, multi-billion-dollar market tied …

Team Kalkine | 07 August 2025

Carriage Services (NYSE: CSV) Reports over 85% Net Income Growth in Q2, EPS Hits USD 0.74

Carriage Services, Inc. (NYSE: CSV) announced its financial results for the second quarter ended June 30, 2025, showing a significant year-over-year increase in profitability despite largely flat revenue. GAAP net income rose 85.7% to USD 5.5 million compared to the prior-year quarter, while both …

Team Kalkine | 07 August 2025

U.S. Markets Daily Wrap: Stocks Edge Higher, Commodities Rebound, and Rate Cut Bets Strengthen

Index Update:U.S. stock futures inched higher as investors monitored corporate earnings and trade policy developments. Gains were supported by strong results from Arista Networks and McDonald’s, while losses in companies like AMD, Walt Disney, Uber, and Super Micro Computer weighed on sentiment. Markets also …

Team Kalkine | 06 August 2025