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Avicanna Promotes Hilborn to CFO

By Elias SchisgallAvicanna promoted Nick Hilborn to serve as chief financial officer, elevating him from an interim role.Hilborn had previously served as interim CFO of the Canadian biopharmaceutical company since September 2025, after serving as vice president of finance since July 2024.He previou…

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StocksCA
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Why Constellation Stock Is Rising Despite Revenue Decline — Barrons.com

By Evie LiuStock in alcohol giant Constellation Brands jumped nearly 4% in after-hours trading Tuesday after the company reported better-than-expected results for the quarter ended in May.For the fiscal first quarter, the maker of Modelo Especial and Corona reported adjusted earnings of $3.43 a sha…

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Propane Exports Notched a Record High in April — WSJ

By Ryan DezemberU.S. propane exports rose to a record in April, eclipsing 2 million barrels a day for the first time, the Energy Information Administration said Tuesday.Propane, which is a byproduct of natural-gas drilling and oil refining, is a crucial ingredient in making plastics as well as a fu…

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Futures
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Alcoa to Acquire Mining, Processing Assets From South32 for $4.1B

By Elias SchisgallAlcoa will acquire a set of interests in mining and processing assets from South32 for about $4.1 billion in cash and stock.The deal includes stakes in a bauxite mine, alumina refinery, and aluminum smelter operations, Alcoa said Tuesday. It has an enterprise value of about $4.7 b…

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IMC Rare Earths Plans Initial Public Offering

By Doc LouallenIMC Rare Earths Ltd. filed for an initial public offering.The company is offering 4 million ordinary shares at an expected price of $4 to $6 per share.A separate shareholder plans to resell 6.1 million ordinary shares. IMC Rare Earths will not receive any proceeds from those sales. T…

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PowerFleet Announces New $30 Million Stock Buyback Program

By Stephen NakrosisPowerFleet said its board has approved a new $30 million share repurchase plan with a period of 24 months.The software-as-a-service company has a market cap of $504 million, 134.18 million shares outstanding and a public float of 124.77 million shares.The company's stock closed t…

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