REDFILED (Page 20)

A product tanker under way, the type of vessel that makes up much of Imperial Petroleum's fleet.

IMPP

IMPERIAL PETROLEUM Posts Record Q2 Revenue of $87.1 Million

The Greek shipowner reported net income of $34.8 million on all-time high quarterly revenues, with no debt and $245.2 million in cash.

Sanjay Subramanian takes over as chief financial officer of SCYNEXIS.

SCYX

SCYNEXIS Names Sanjay Subramanian CFO as Macleod Retires

The rare-disease biotech appointed a new finance chief effective September 9, with outgoing CFO Ivor Macleod staying on through October 9 for the handover.

Commerce.com is the parent of BigCommerce, Feedonomics and Makeswift.

CMRC

COMMERCE.COM Targets $80M in Cost Cuts and 20% Margins From 2027

The BigCommerce parent plans $60M-$80M of annualized savings, lifts 2026 non-GAAP operating income guidance by $3M and authorizes a $50M buyback.

Irish Continental Group operates ferry and container shipping services.

M&A

IRISH CONTINENTAL GROUP Shareholders Approve Bluefin BidCo Takeover

ICG holders backed the scheme of arrangement behind the recommended cash offer from Bluefin BidCo, with a High Court hearing expected in October or early November.

Cerenome's CNSide platform analyzes cerebrospinal fluid to detect cancer cells in the central nervous system.

CNSY

CERENOME Secures Up to $20 Million Royalty-Based Credit Facility

The CNS oncology company got initial funding at closing from 3i Fund and says its cash runway now extends well into 2028.

Cerenome has agreed to a multi-tranche senior secured convertible note financing.

CNSY

CERENOME Issues Senior Secured Convertible Notes at $2.74 Conversion Price

The company sold senior secured convertible notes with a 6% original issue discount, 8% annual interest and multiple closings under a September 4 purchase agreement.

A driverless robotaxi operating on a city street.

WRD

WERIDE Wins Spain's First National Permit for Level 4 Robotaxis

WeRide, Uber and fleet operator AVOMO received Spain's first national Level 4 autonomous passenger vehicle permit, targeting a commercial Madrid launch by end-2026.

Commerce.com is the parent company of e-commerce platform BigCommerce.

CMRC

COMMERCE Targets 20% Margins With $60M-$80M Cost Cuts and $50M Buyback

BigCommerce parent Commerce.com will cut $60 million to $80 million in annual costs, raises 2026 operating income guidance and authorizes a $50 million share repurchase.

An ophthalmologist examines a patient's retina during a clinical eye assessment.

EYPT

EYEPOINT Details LUGANO Miss, Says Nine Patients Drove Failed Endpoint

Expanded Phase 3 data show DURAVYU missed non-inferiority in wet AMD overall but hit it when an asymmetric cohort of nine patients is excluded.

TSMC manufactures advanced logic chips at its foundries in Taiwan and abroad.

TSM

TSMC August Revenue Jumps 53% to NT$514.8 Billion

The Taiwanese foundry reported August sales of NT$514.81 billion, up 10.1% from July and 53.3% from a year earlier, with eight-month revenue 39.3% higher.

Tony Spring, chairman and chief executive of Macy's, Inc.

M

MACY'S Lifts Full-Year Outlook After Comparable Sales Rise 2.7%

Bloomingdale's grew 11.3% and net income doubled to $169 million, helped by $98 million of tariff refunds; adjusted EPS guidance raised to $2.15-$2.35.

WeRide's GXR autonomous vehicle is set for supervised testing in the Madrid region.

WRD

WERIDE and Uber Win Spain's First National Level 4 Robotaxi Permit

Spain's traffic authority cleared WeRide, Uber and fleet operator AVOMO to prepare a driverless service in Madrid, with commercial rides targeted by end-2026.

Latest