Terra Income Fund 6, LLC 7.00% Notes due 2026 Stock (NYSE: TFSA)

Latest news for Terra Income Fund 6, LLC 7.00% Notes due 2026 (NYSE:TFSA) Stock

Terra Income Fund 6, LLC 7.00% Notes due 2026

TX45 was well-tolerated with no observed immunogenicity, and demonstrated a favorable PK/PD relationship which was used to identify doses for the Phase 2 clinical trial &nbsp;
Results to be presented at the American Heart Association (AHA) Scientific Sessions in November 2024
Phase 1b single dose hemodynamic proof-of-concept clinical trial in Group 2 Pulmonary Hypertension in Heart Failure with Preserved Ejection Fraction (PH-HFpEF) escalated to the highest dose of TX45 (3 mg/kg) based on favorable tolerability profile observed at lower doses, with topline trial results expected in the second quarter of 2025
WATERTOWN, Mass., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Tectonic Therapeutic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TECX#NASDAQ">TECX</a>) (Tectonic), a clinical stage biotechnology company focused on the discovery and development of therapeutic proteins and antibodies that modulate the activity of G-protein coupled receptors (GPCRs), today announced favorable Phase 1a topline data for its lead asset TX45, a long-acting, potentially best-in-class relaxin. TX45 is being developed for the treatment of Group 2 PH-HFpEF.

Biotech

News

General

TECX

Tectonic Therapeutic Announces Phase 1a Safety, Tolerability And PK/PD Results For Lead Program TX45; TX45 Was Well-tolerated With No Observed Immunogenicity, And Demonstrated A Favorable PK/PD Relationship Which Was Used To Identify Doses For The Phase 2 Clinical Trial

WIIM

Arq shares are trading lower after the company announced a proposed public offering of common stock, details not disclosed.

iPower (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPW#NASDAQ">IPW</a>) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $0.01 by 200 percent. The company reported quarterly sales of $19.500 million which missed the analyst consensus estimate of $21.300 million by 8.45 percent. This is a 16.66 percent decrease over sales of $23.399 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

iPower Q4 2024 Adj. EPS $0.03 Beats $0.01 Estimate, Sales $19.5M Miss $21.300M Estimate

Research Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RSSS#NASDAQ">RSSS</a>) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.08) by 12.5 percent. The company reported quarterly sales of $12.133 million which beat the analyst consensus estimate of $11.852 million by 2.37 percent. This is a 21.82 percent increase over sales of $9.960 million the same period last year.

RSSS

Research Solutions Q4 2024 GAAP EPS $(0.09) Misses $(0.08) Estimate, Sales $12.133M Beat $11.852M Estimate

Sony Group Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) has <a href="https://blog.playstation.com/2024/09/19/celebrating-30-years-of-playstation-with-a-nostalgic-look/">introduced</a> a special 30th Anniversary Collection to mark three <a href="https://www.benzinga.com/topic/playstation">decades of PlayStation. </a>
The collection includes a PS5 Pro bundle, which is particularly notable due to its limited availability. Only 12,300 units of this bundle will be released worldwide. 
The bundle features the PS5 Pro console with a design inspired by the original PSOne. It includes a vertical stand, a charging station, and the DualSense Edge controller. 
See Also: <a href="https://www.benzinga.com/general/gaming/24/09/40883757/sony-ceo-confirms-consoles-are-still-core-to-playstations-future">Sony CEO Confirms Consoles Are Still &#8216;Core&#8217; To PlayStation&#8217;s Future</a>
Additionally, the bundle comes with a retro-style PlayStation controller cable connector, four cable ties designed with classic symbols, and other items such as a sticker, poster, and paperclip.
<h3 class="wp-block-heading">PlayStation 5 Slim Digital Edition</h3>
Another offering in the collection is the PlayStation 5 Slim Digital Edition. This model includes a matching disc drive cover, though the disc drive must be purchased separately. 
The Slim Digital Edition comes with a regular DualSense controller, a vertical stand, and similar retro-themed accessories as the PS5 Pro bundle.
<h3 class="wp-block-heading">Preorder Information</h3>
Preorders for the 30th Anniversary Collection will begin on Sept. 26, 2024, but Sony has not yet announced the prices for any of these items. Preorders will be available through PlayStation Direct for individuals with a PlayStation Network account.
For regions where PlayStation Direct is not available, participating retailers will also offer preorders starting on the same date. The PS5 Digital Edition will be available for preorder through these retailers from October 10, 2024.
The DualSense controllers, including both the standard and Edge versions, will be available separately for those interested in the retro-themed design without purchasing the entire bundle.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/gaming/24/09/40907983/september-playstation-plus-lineup-whats-coming-and-whats-leaving">September PlayStation Plus Lineup: What&#8217;s Coming And What&#8217;s Leaving</a></li>
</ul>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Introducing the PlayStation 30th Anniversary Collection" width="500" height="281" src="https://www.youtube.com/embed/amdZnHooTkk?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Image courtesy of Sony.

Gaming

Sony Group Corporation American Depositary Shares

SONY

PlayStation Celebrates 30 Years With Retro-Themed PS5 Pro And Slim Editions

Confirms Continuation of Evaluation of Strategic Alternatives
MEI Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEIP#NASDAQ">MEIP</a>) (the "Company") today reported results for its fiscal year ended June 30, 2024.
Previously on July 22, 2024, the Company announced the commencement of an evaluation of strategic alternatives with the goal of maximizing the value of its assets for its stockholders. Subsequent to that date, the Company announced the engagement of Oppenheimer &amp; Co., Inc. to serve as the Company's exclusive financial adviser to assist in the review and evaluation of that process. As part of the review of strategic alternatives, the Company will consider options such as out-licensing opportunities for existing programs and merger and acquisition opportunities.
To best preserve the Company's existing cash, the Company commenced a reduction-in-force on August 1, 2024, which will continue in stages as the Company's operational and strategic direction evolves. Additionally, while the Company has discontinued the clinical development of voruciclib, certain non-clinical activities related to the Company's drug candidates continue to be conducted.
There can be no assurance the exploration of strategic alternatives will result in any agreements or transactions, or, if completed, any agreements or transactions will be successful or on attractive terms. The Company does not expect to disclose developments with respect to this process unless or until the evaluation of strategic alternatives has been completed or the Board of Directors has concluded disclosure is appropriate or legally required.
As of June 30, 2024, MEI had $38.3 million in cash, cash equivalents, and short-term investments with no outstanding debt.

MEIP

MEI Pharma Says As Of June 30, 2024, Have $38.3M In Cash, Cash Equivalents, And Short-Term Investments With No Outstanding Debt; Confirms Continuation Of Evaluation Of Strategic Alternatives

TNON

Tenon Medical shares are trading higher after the company announced the issuance of three notices of allowance for patent applications from the UPSTO.

Legal

Tenon Medical Announces Issuance of Three Notices Of Allowance For Patent Applications From USPTO; Issued Patent Application Numbers 17,469,132, 17/468,811 and 18/612,032

Analyses of Effects of Aficamten on Key Clinical Outcomes from SEQUOIA-HCM to be Featured in Late Breaking Clinical Trial Presentation at HFSA
SOUTH SAN FRANCISCO, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Cytokinetics, Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYTK#NASDAQ">CYTK</a>) today announced three upcoming presentations at the Hypertrophic Cardiomyopathy Medical Society (HCMS) Scientific Sessions on September 27, 2024 and one Late Breaking Clinical Trial presentation at the Heart Failure Society of America (HFSA) Annual Scientific Meeting, taking place September 27-30, 2024, both in Atlanta, GA.

CYTK

Cytokinetics Announces Upcoming Presentations At The HCMS Scientific Sessions And The HFSA Annual Scientific Meeting

Asset Sales

KEYS

SNPS

Synopsys To Sell Optical Solutions Group To Keysight Technologies, Terms Not Disclosed

Globavend Holdings H1 2024 Revenue $8.4M Vs $9.4M YoY; EPS $0.06 Vs $0.03 YoY

While &quot;the trend is your friend&quot; when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn&#39;t easy.
Often, the direction of a stock&#39;s price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it&#39;s important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going.
Investors looking to make a profit from stocks that are currently on the move may find our &quot;Recent Price Strength&quot; screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
<h2>Internet Initiative Japan</h2>
(OTC: <a class="ticker" href="https://www.benzinga.com/stock/iijiy#OTC">IIJIY</a>) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for &quot;trend&quot; investors.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. IIJIY is quite a good fit in this regard, gaining 49.6% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 15.3% over the past four weeks ensures that the trend is still in place for the stock of this internet service provider.
Moreover, IIJIY is currently trading at 93.5% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in IIJIY may not reverse anytime soon.
<a href="https://www.zacks.com/stock/news/2338364/internet-initiative-iijiy-is-on-the-move-here-s-why-the-trend-could-be-sustainable?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2338364">To read this article on Zacks.com click here.</a>

Mid Cap

Markets

Analyst Ratings

Trading Ideas

IIJIY

Internet Initiative is on the Move, Here's Why the Trend Could be Sustainable

Second Quarter and Fiscal 2025 Outlook
We are maintaining our full year adjusted earnings guidance of $2.20 per share, which equates to the mid-point range we provided in June.&nbsp; This is supported by the positive trends we are seeing in global contract demand, our increased backlog position and expected macro-economic improvements in the back half of this fiscal year.
As it relates to the second quarter of fiscal year 2025, we expect net sales to range between $950 million to $990 million. Adjusted diluted earnings in the second quarter are expected between $0.51 - $0.57 per share.
This guidance takes into consideration a shift in the holiday/cyber promotional period for our retail business. Last year the full promotional period fell in the second quarter, while this year it will be split between the second and third quarters. Relative to last year's revenue pacing, we estimate this shift in timing will move between $17 million and $23 million of net sales from the second quarter into the third quarter of this fiscal year. This is an important factor to consider when comparing quarterly sales and earnings estimates to our performance last fiscal year.w

Guidance

MLKN

MillerKnoll Sees Q2 EPS $0.51-$0.57 Vs $0.61 Est.; Revenue $950M-$990M Vs $948.12M Est.

Rezolute (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLT#NASDAQ">RZLT</a>) reported quarterly losses of $(0.44) per share which missed the analyst consensus estimate of $(0.32) by 37.5 percent.

RZLT

Rezolute Q4 2024 GAAP EPS $(0.44) Misses $(0.32) Estimate

United Parcel Service shares are trading lower in sympathy with FedEx which reported worse-than-expected Q1 financial results and cut its FY25 guidance.

Macro Notification

FedEx Falls On Earnings Miss, Guidance Revision; UPS Drops In Sympathy

MillerKnoll (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLKN#NASDAQ">MLKN</a>) reported quarterly earnings of $0.36 per share which missed the analyst consensus estimate of $0.40 by 10 percent. This is a 2.7 percent decrease over earnings of $0.37 per share from the same period last year. The company reported quarterly sales of $861.50 million which missed the analyst consensus estimate of $889.30 million by 3.13 percent. This is a 6.12 percent decrease over sales of $917.70 million the same period last year.

MillerKnoll Q1 Adj EPS $0.36 Misses $0.40 Estimate, Sales $861.50M Miss $889.30M Estimate

Alice Walton, daughter of the late Sam Walton and heiress to the Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) fortune, has retaken the distinction as<a href="https://www.benzinga.com/markets/equities/24/09/40945833/walmart-to-offer-pay-by-bank-feature-for-online-transactions-with-launch-in-2025"> the world&#8217;s richest woman</a>.
As of Sept. 4, Walton&#8217;s wealth was estimated at $89.1 billion, according to Forbes &#8220;World Wealthiest Woman&#8221; list. The ranking puts her slightly ahead of French cosmetics company L&#8217;Oreal heiress Francoise Bettencourt Meyers, USA Today <a href="https://www.usatoday.com/story/money/2024/09/16/alice-walton-richest-woman-forbes/75256526007/">reported</a>.
Bettencourt Meyers held the title last year when her worth was estimated at over $100 billion, but it is now at $88.4 billion.
The two heiresses have traded the No. 1 and No. 2 spots a few times over the years, such as when Bettencourt Meyers was the richest woman in 2019 but was then surpassed by Walton in 2020.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40420968/walmart-stock-one-of-the-most-compelling-retail-investments-7-analysts-highlight-ma">Walmart Stock &#8216;One Of The Most Compelling&#8217; Retail Investments: 7 Analysts Highlight Market Share Gains</a>
Bettencourt Meyers took the title as world&#8217;s richest woman back in 2023 from Walton, who then took third place due to Koch Inc. heiress Julia Koch, who now has a net worth of $74 billion as of Sept. 4, according to the Forbes ranking.
But Walton is not the richest person in her family.
She sits below her brothers Jim and Rob Walton, who were worth $95.9 billion and $94 billion respectively, as of Sept. 4.
Sam Walton&#8217;s heirs together own nearly 46% of Walmart.
Throughout her life, she has donated more than $5 billion to charitable foundations including the Crystal Bridges Museum of American Art, which she founded in November 2011 in Bentonville, Arkansas.
Elon Musk, who owns Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), SpaceX, X and other companies, is the <a href="https://www.benzinga.com/startups/24/09/40905106/elon-musk-gautam-adani-and-jensen-huang-lead-the-race-to-become-the-worlds-first-trillionaires">world&#8217;s richest person </a>with an estimated wealth of $251 billion.
Price Action: Walmart slipped 1.05% to $78.20 into Thursday&#8217;s late-day trading.
Exchange-traded funds that hold the stock saw losses ands gains.
<ul>
<li>Consumer Staples Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) slipped 0.44%</li>
<li>Fidelity MSCI Consumer Staples Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSTA#NYSE">FSTA</a>) dropped 0.33%</li>
<li>VanEck Retail ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTH#NASDAQ">RTH</a>) rose 0.75%</li>
</ul>
Read Now:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/09/40937873/walmart-steps-up-holiday-game-inflation-free-thanksgiving-meal-returns">Walmart Steps Up Holiday Game, Inflation-Free Thanksgiving Meal Returns</a></li>
</ul>
Image: Walmart, Wikimedia Commons

Retail Sales

Personal Finance

ETFs

FSTA

Merrill Lynch Retail HOLDRS Trust due 12/31/41

TSLA

Walmart Heiress Alice Walton Retakes Title As World's Richest Woman

FedEx Revises FY25 Revenue Forecast to Low Single-Digit Growth, Down from Low-to-Mid Single Digit, FedEx Lowers FY25 EPS Guidance (Before MTM Retirement Plans Accounting Adjustments) to $17.90-$18.90, Down from $18.25-$20.25

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Terra Income Fund 6, LLC 7.00% Notes due 2026

News

Latest news for Terra Income Fund 6, LLC 7.00% Notes due 2026 (NYSE:TFSA) Stock