41m ago
SK Hynix shares sink 10.84% after Q2 operating profit misses estimates and no new guidance
SK Hynix reported second-quarter results it called an “all-time high quarterly performance,” but its operating profit fell short of market expectations. After the earnings release, the stock plunged 10.84% to 1.382 million Korean won in a single session. The company did not announce a new shareholder return policy on its follow-up conference call and provided no forward guidance, adding uncertainty about its near-term outlook. Shares of Samsung Electronics also fell 5.45%.
41m ago
48m ago
FLUENT shareholders approve all-stock deal for Vireo Growth acquisition
FLUENT said shareholders formally approved its all-stock business combination with Vireo Growth. Under the arrangement resolution, the vote had to clear two thresholds: at least two-thirds support from all votes cast, and a simple majority excluding about 65.61 million shares beneficially owned or controlled by William Smith. The transaction is a “special transaction” under Canada’s MI 61-101 framework, which is designed to protect minority security holders. The decision is tied to the pathway for a revaluation of FLUENT (SUS) equity.
48m ago
48m ago
Baheti Recycling shareholders approve move from NSE Emerge to NSE main board and direct BSE main-board listing
Baheti Recycling Industries said shareholders approved, via a postal ballot, the migration of its equity shares from the NSE SME platform (Emerge) to the main board of the National Stock Exchange of India Limited (NSE) and a direct listing on the main board of BSE Limited. Voting participation was 76.1129%, and all resolutions received 100% support. The ballot also cleared the appointment of two independent directors and revisions to managerial remuneration for executive roles.
48m ago
49m ago
New commercial vehicle registrations: vans +1.9%, trucks +9.8%, buses +22.7% in H1 2026
The European commercial vehicle market recorded a positive first half of 2026, despite geopolitical headwinds. Growth in the van and truck segments reflected a recovery from a low base, while the bus segment showed strong growth. Electrically-chargeable vehicles continued to gain market share, but uptake remains below the required pace, constrained by insufficient enabling conditions, notably in the heavier vehicle segments.
49m ago
1h ago
Inox Wind wins Rs 1,600 crore repeat 200 MW order from NLC India
Inox Wind said it has secured a repeat 200 MW turnkey order from NLC India worth Rs 1,600 crore. The company separately reported weaker FY26 Q4 results, with consolidated net profit falling 45% year-on-year to Rs 105.68 crore and revenue from operations down over 2% to Rs 1,244 crore. Total expenses rose more than 5% year-on-year to Rs 1,162 crore during the quarter. The stock is down almost 40% in 2026 and over 50% over the last year.
1h ago