GAIN Capital Holdings, Inc. (GAIN) announced on February 27 that the company entered into an acquisition agreement with INTL FCStone, Inc. Under the terms of the agreement, INTL FCStone will purchase GAIN Capital Holdings in an all-cash transcaction. Stockholders will receive $6 per share for a total of approximately $236 in equity value. Sonal […]
On February 26, InflaRx, N.V. (IFRX) announced positive initial data from the first 5 patients enrolled in its Phase IIa open label clinical trial for IFX-1. Two out of the five patients achieved complete remission of Pyoderma Gangraenosum (PG), a rare and debilitating autoinflammatory skin disease. Although the exact prevalence of PG is unknown, current […]
On February 10, Brighthouse Financial Inc., (BHF) reported that the company’s Board of Directors authorized a $500 million share repurchase program. This authorization is in addition to the $600 million in share repurchase authorization outstanding from August 2018 and May 2019. Brighthouse Financial has already repurchased approximately $570 million in common stock. Sonal alerted […]
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Digital Ally, Inc. (DGLY) announced on February 4 that the company received its largest contract award in history. The contract is worth up to $4 million for the initial delivery of 5,000 police body cameras and ongoing web services. The contract includes web-based infrastructure services for an initial three-year period. Sonal detected the event […]
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