Connor Hart

The SEC said that the bank’s violations included misleading disclosures to investors, not acting or making recommendations in the best interest of shareholders and prohibiting joint transactions and principal trades.

Avid Bioservices Chief Executive Nick Green said the company’s board considered several options before determining to move forward as a private company under new owners.

The company said it is possible no action will be taken as a result of the evaluation, adding it doesn’t expect to provide updates on the process unless its board approves a definitive course of action or deems it necessary.

The networking-equipment company results were hurt by $665 million in restructuring and other charges, but still beat analyst estimates, boosted by investments to support artificial intelligence.

The networking equipment company’s results were hurt by $665 million in restructuring and other charges, but still beat analyst estimates, boosted by investments to support artificial intelligence.

Shares of Alcoa and Century Aluminum rose after China's finance ministry said it would cancel its export-tax rebate for aluminum. In midday trading Friday, Alcoa's stock was up 8.6%, while Century Aluminum jumped 10%. Alcoa shares have gained 32% since the beginning of the year.

The server maker said it believes it will be able to complete its annual report on Form 10-K within the discretionary period available to the Nasdaq staff to grant.

The cryptocurrency-mining company’s former top executive was indicted in connection with the allegations.

Super Micro Computer (SMCI) has submitted a plan to maintain its listing on the Nasdaq after it missed deadlines for providing financial reports to investors. The San Jose, Calif., server maker said Monday it intends to regain compliance with the exchange’s continued listing requirements after failing to file its reports for its fiscal year ended June 30, and for the first quarter of fiscal 2025 in a timely manner. Super Micro said it anticipates being able to complete its report on Form 10-K for its recent fiscal year, in addition to its report on Form 10-Q for its recent fiscal quarter, “and become current with its periodic reports within the discretionary period available to the Nasdaq staff to grant.”

Beyond said it has concerns regarding The Container Store’s ability to reach an agreement with lenders based on the financing proposals presented thus far.