Latest news with #NasdaqStockMarket
Business Wire
a day ago
- Business
- Business Wire
DeVry University and Winners of the Chicago Innovation Awards Ring the Nasdaq Closing Bell
LISLE, Ill.--(BUSINESS WIRE)-- DeVry University will join fellow winners of the Chicago Innovation Awards, the Chicago region's foremost annual celebration of innovation, in New York City on Friday, August 1st to ring the Closing Bell of the Nasdaq Stock Market. The event emphasizes the surge of innovation that is occurring in the Chicago region and shines a spotlight on the organizations that make up its vibrant economy. "This recognition represents DeVry's focus on bringing together faculty, staff, employers, and students to close society's opportunity gaps through thoughtful, mission-driven innovation.' Share 'We're proud to be part of Chicago's innovation ecosystem and honored to join this year's Chicago Innovation Award winners in ringing the Nasdaq Bell,' said Elise Awwad, president and CEO of DeVry University. 'With deep roots in Chicago, DeVry has been part of the city's rich legacy of innovation and economic mobility for 94 years. This recognition represents DeVry's focus on bringing together faculty, staff, employers, and students to close society's opportunity gaps through thoughtful, mission-driven innovation.' DeVry University received the prestigious People's Choice Award during the 23 rd annual Chicago Innovation Awards in 2024 for its Women + Tech Scholars program, which empowers female students through mentorship, early access to job opportunities, credentialing and scholarships to take the first step toward a tech-focused career. 'Chicago Innovation Award winners cut across all industries and represent the best in new product and service development from large companies, startups and non-profits,' noted Luke Tanen, president and CEO of Chicago Innovation. 'Their winning innovations are solving a range of unmet needs in the marketplace, and we're proud to celebrate their successes on a global stage by ringing the Nasdaq Bell.' Joining DeVry University will be other winners of the 2024 Chicago Innovation Awards. The full list of winners can be found here. About DeVry University DeVry University strives to close society's opportunity gap and address emerging talent needs by preparing learners to thrive in careers shaped by continuous technological change. Founded in 1931, the university offers undergraduate and graduate programs onsite and online in Business, Healthcare and Technology. DeVry University is accredited by The Higher Learning Commission (HLC, The university's Keller Graduate School of Management is included in this accreditation. To learn more, visit About Chicago Innovation and the Chicago Innovation Awards Chicago Innovation, established in 2002, has grown from a single awards ceremony to a year-round series of events and programs to educate, connect and celebrate all innovators in the Chicago region. Chicago Innovation's vision is to ensure that innovation is for everyone. The Chicago Innovation Awards celebrate the most innovative new products, services and organizations in the Chicago region, cutting across all industries, large corporations and startups, for profits and non-profits, high tech, low tech and no tech. For more information, visit
Yahoo
4 days ago
- Business
- Yahoo
Indivior Announces Completion of Cancellation of Secondary Listing on London Stock Exchange; Primary Listing on Nasdaq to be Maintained
SLOUGH, United Kingdom and RICHMOND, Va., July 25, 2025 /PRNewswire/ -- Further to the announcement made on June 2, 2025, Indivior PLC (Nasdaq: INDV) today announces that: (i) the secondary listing of the Company's Ordinary Shares ("Ordinary Shares") on the Equity Shares (Transition) category of the Official List of the UK Financial Conduct Authority; and (ii) the admission to trading of its Ordinary Shares on the London Stock Exchange's main market for listed securities, have now been cancelled with effect from 08:00 a.m. UK time today, July 25, 2025 (the "London Delisting"). Indivior continues to maintain its primary listing of Ordinary Shares on the Nasdaq Stock Market. Indivior has prepared an FAQ document for shareholders in connection with the London Delisting, which is available at About Indivior Indivior is a global pharmaceutical company working to help change patients' lives by developing medicines to treat opioid use disorder (OUD). Our vision is that all patients around the world will have access to evidence-based treatment for OUD and we are dedicated to transforming OUD from a global human crisis to a recognized and treated chronic disease. Building on its global portfolio of OUD treatments, Indivior has a pipeline of product candidates designed to expand on its heritage in this category. Headquartered in the United States in Richmond, VA, Indivior employs over 1,000 individuals globally and its portfolio of products is available in over 30 countries worldwide. Visit to learn more. Connect with Indivior on LinkedIn by visiting View original content to download multimedia: SOURCE Indivior PLC Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
5 days ago
- Business
- Globe and Mail
Nasdaq Q2 Revenue Jumps 13 Percent
Key Points - Nasdaq (NASDAQ:NDAQ) beat both GAAP revenue and non-GAAP earnings expectations in Q2 2025, posting double-digit growth in recurring revenues and non-GAAP operating income. - Record results in Market Services and robust client demand in both Financial Technology and Capital Access Platforms were key strengths this period. - The company raised its quarterly dividend to $0.27 per share in Q2 2025, updated its 2025 non-GAAP operating expense guidance to a range of $2,295 million to $2,335 million, and maintained its 2025 non-GAAP tax rate guidance, while highlighting increased investment costs and regulatory-driven sales cycle delays. These 10 stocks could mint the next wave of millionaires › Nasdaq (NASDAQ:NDAQ), a global technology company powering capital markets and financial services, reported its Q2 2025 results on July 24, 2025. The company delivered GAAP revenue of $1.31 billion and non-GAAP earnings per share (EPS) of $0.85, both surpassing consensus estimates of $1.28 billion and $0.81, respectively. Recurring revenue grew 9% and operating income (non-GAAP) grew at a double-digit rate, driven by strong client demand and innovations across both its Financial Technology and Capital Access Platforms. Overall, the quarter showed operational progress, though rising costs and lengthening sales cycles in regulatory technology signal areas to watch going forward. Source: Analyst estimates for the quarter provided by FactSet. Business Overview and Focus Areas Nasdaq operates at the intersection of technology and finance. It is best known for running the Nasdaq Stock Market, but its reach extends to providing trading, data, software, and analytics to financial institutions and corporations worldwide. Nasdaq manages and provides its products and services through three business segments: Capital Access Platforms, Financial Technology, and Market Services. The stack of offerings ranges from traditional exchange listing and trading to modern SaaS (software-as-a-service) platforms that help banks and corporates manage everything from regulatory compliance to market analytics and risk surveillance. Over the past few years, the company emphasized steady recurring revenue, cloud and AI innovation, and international expansion. Recent strategic focus includes deepening cloud integration, boosting cross-selling after its Adenza acquisition, and increasing the share of SaaS in its recurring revenue streams. Key drivers of success remain technology leadership, robust regulatory compliance capabilities, and the ability to attract new clients through innovation and trusted infrastructure. Quarter Review: Results, Product Momentum, and Segment Detail The second quarter saw Nasdaq achieve broad-based growth and notable outperformance across its main business lines. Revenue and Profits: The revenue figure of $1.31 billion (GAAP) represented a 13% jump over the same period last year. Non-GAAP EPS came in at $0.85, up 24% over the prior year, while operating income grew by 16%. Non-GAAP operating margin also edged higher, from 53% to 55%. This indicates that the company achieved greater efficiency, even as it invested in new technology and talent. Solutions Segment: Solutions revenue—which covers both Capital Access Platforms and Financial Technology—grew 10% year-over-year, with both core sub-segments making strong contributions. Financial Technology: This segment includes cloud-based risk, compliance, and trading solutions. It recorded 10% growth in revenue, with annualized recurring revenue (ARR) for Financial Technology growing 12% year-over-year. Regulatory Technology made progress with a new large client and several upsells, but did note extended sales cycles due to shifting U.S. regulatory timelines. Capital Access Platforms: This product line includes listing-related data, workflow, and index solutions. It posted 9% organic revenue growth, driven by a 17% rise in Index revenue. Net inflows into Nasdaq-linked exchange-traded products (ETPs) totaled $20 billion, and the number of ETPs tracking the company's indices increased sharply. Market Services: This unit, which comprises trading platforms and associated services, delivered a record $306 million in net revenue, an increase of 22%. Volumes across U.S. equities and derivatives hit all-time highs, and the company reported its 46th straight quarter of leadership in IPO listings, with 38 new operating company IPOs raising more than $3.5 billion. Market share for U.S.-listed securities, combining on- and off-exchange activity, hit 61.6%, up from 59.0% in Q2 2024. Recurring Revenue and SaaS Growth: Annualized recurring revenue reached $2.93 billion, which is 10% above the prior year. Of this, 37% now comes from SaaS products. Expenses and Margins: Operating expenses on a non-GAAP basis rose 9%, largely reflecting increased investments in technology and people. But with revenues advancing even faster in some segments, non-GAAP margins still improved. Product and Innovation: Technological innovation was a central theme this quarter. Nasdaq Verafin's 'Agentic AI' digital workers, now in beta, promise to automate compliance reviews and lower client workload. The company also expanded its partnership with Amazon Web Services (AWS) for cloud-based market infrastructure. Recent technology wins include managed marketplace deployments and cloud-based platform launches for clients in Latin America. Capital Strategy and Shareholder Returns: The company continued to emphasize a focus on organic growth and deleveraging after the large 2023 Adenza acquisition. During the quarter, it returned $155 million to shareholders via dividends and $100 million through stock buybacks, and repaid $400 million of debt. Management reaffirmed its goal of more than $100 million in annual run-rate cross-sell revenue by the end of 2027. Dividend Update: The company raised its quarterly dividend by 13% to $0.27 per share, continuing its trend of regular increases. Looking Ahead: Management Outlook and Watch Items Management maintained non-GAAP operating expense guidance, now at $2.295–$2.335 billion for FY2025, reflecting minor foreign exchange effects but otherwise an unchanged outlook. Non-GAAP tax rate guidance for 2025 remains at 22.5%–24.5%. No change was announced to medium-term revenue growth targets in any segment for FY2025, with leaders expressing confidence in the current sales pipeline, especially for Financial Technology products. No explicit top-line or EPS guidance was shared for the full year. Delays in regulatory technology sales cycles, driven by shifting U.S. regulatory timelines, present a risk to growth. Intensifying competition from both established exchanges and new entrants—like the Texas Stock Exchange—remains on the radar for listings market share. Overall, Nasdaq credited broad client engagement, cloud and AI innovation, and a stable recurring revenue base as tailwinds for future performance. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 1,037%* — a market-crushing outperformance compared to 182% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. See the stocks » *Stock Advisor returns as of July 21, 2025
Cision Canada
16-07-2025
- Business
- Cision Canada
RIOT PLATFORMS, INC. REPORTS BENEFICIAL OWNERSHIP OF 9.85% IN BITFARMS LTD.
CASTLE ROCK, Colo., July 16, 2025 /CNW/ - Riot Platforms, Inc. (" Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (" Company"). Riot announces that on July 16, 2025 it sold 2,462,458 common shares (the " Sold Shares") of the Company representing approximately 0.44% of the issued and outstanding Common Shares (the " Common Shares") of the Company (based on the information contained in the Company's management information circular filed on June 9, 2025 (the " Company's Circular"). The Sold Shares were sold through normal course sales on the Nasdaq Stock Market and other open market trades for a weighted average price of approximately US$1.05 per Sold Share (equivalent to approximately C$1.44 per Sold Share based on the daily exchange rate posted by the Bank of Canada on July 16, 2025 (the " Exchange Rate")) at a price range per Sold Share of approximately US$1.04 to US$1.07 (equivalent to approximately C$1.43 to C$1.46 based on the Exchange Rate) for an aggregate amount equal to US$2,593,460.77 (equivalent to approximately C$3,556,153.40 based on the Exchange Rate). Immediately prior to the sales of Common Shares giving rise to the issuance of this press release, Riot beneficially owned 57,207,521 Common Shares, representing approximately 10.29% of the issued and outstanding Common Shares (based on the information contained in the Company's Circular). Following completion of the aforementioned sales, Riot beneficially owned 54,745,063 Common Shares, representing approximately 9.85% of the issued and outstanding Common Shares as at the date hereof (based on the information contained in the Company's Circular). Riot intends to review its investment in the Company on a continuing basis and depending upon various factors, including without limitation, any discussion between Riot, the Company and/or the Company's Board of Directors and its advisors regarding, among other things, the Company's financial position and strategic direction, overall market conditions, other investment opportunities available to Riot, and the availability of securities of the Company at prices that would make the purchase or sale of such securities desirable, Riot may (i) increase or decrease its position in the Company through, among other things, the purchase or sale of securities of the Company, including through transactions involving the Common Shares and/or other equity, debt, notes, other securities, or derivative or other instruments that are based upon or relate to the value of securities of the Company in the open market or otherwise, (ii) enter into transactions that increase or hedge its economic exposure to the Common Shares without affecting its beneficial ownership of the Common Shares or (iii) consider or propose one or more of the actions described in subparagraphs (a) - (k) of Item 5 of Riot's early warning report filed in accordance with applicable Canadian securities laws. This press release is not meant to be, nor should it be construed as, an offer (or an intention to make an offer) to buy or the solicitation of an offer to sell any of the Company's securities. Riot will file the Early Warning Report in accordance with applicable securities laws, which will be available under the Company's profile at The head office of the Company is 110 Yonge Street, Suite 1601 Toronto, Ontario M5C 1T4. The address of Riot is 3855 Ambrosia Street, Suite 301, Castle Rock, CO 80109. FOR MORE INFORMATION For further information and to obtain a copy of the Early Warning Report, please see the Company's profile on the SEDAR+ website ( or contact Phil McPherson, Vice President, Capital Markets & Investor Relations, at (303) 794-2000 ext. 110. About Riot Platforms, Inc. Riot's (NASDAQ: RIOT) vision is to be the world's leading Bitcoin-driven infrastructure platform. Our mission is to positively impact the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes. Riot, a Nevada corporation, is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. Riot has Bitcoin mining operations in central Texas and Kentucky, and electrical engineering and fabrication operations in Denver, Colorado, and Houston, Texas. For more information, visit Cautionary Note Regarding Forward Looking Statements Statements contained herein that are not historical facts constitute "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable U.S. and Canadian securities laws that reflect management's current expectations, assumptions, and estimates of future events, performance and economic conditions. Such forward-looking statements rely on the safe harbor provisions of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934 and the safe harbor provisions of applicable Canadian securities laws. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words and phrases such as "anticipate," "believe," "create," "drive," "expect," "forecast," "future," "growth," "intend," "hope," "opportunity," "plan," "potential," "proposal," "synergies," "unlock," "upside," "will," "would," and similar words and phrases are intended to identify forward-looking statements. Such forward-looking statements are not guarantees of future performance or actual results, and readers should not place undue reliance on any forward-looking statement as actual results may differ materially and adversely from forward-looking statements. Detailed information regarding the factors identified by the management of Riot, which they believe may cause actual results to differ materially from those expressed or implied by such forward-looking statements in this press release, may be found in Riot's filings with the U.S. Securities and Exchange Commission (the " SEC"), including the risks, uncertainties and other factors discussed under the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" of Riot's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on February 28, 2025, and the other filings Riot has made or will make with the SEC after such date, copies of which may be obtained from the SEC's website at All forward-looking statements contained herein are made only as of the date hereof, and Riot disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which Riot hereafter becomes aware, except as required by applicable law.
Globe and Mail
16-07-2025
- Business
- Globe and Mail
Nasdaq Halts Bowen Acquisition Corp.
NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market ® (Nasdaq: NDAQ) announced that trading was halted on July 15, 2025 in Bowen Acquisition Corp. at 17:45:19 Eastern Time for additional information requested from the company. The last sale price of the company's securities was: Ordinary shares (Nasdaq: BOWN) $9.19 Rights (Nasdaq: BOWNR) $0.2252 Units (Nasdaq: BOWNU) $13.02 Trading will remain halted until Bowen Acquisition Corp. has fully satisfied Nasdaq's request for additional information. For news and additional information about the company, please contact the company directly or check under the company's symbol using InfoQuotes SM on the Nasdaq ® Web site. For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at Nasdaq Media Contact: NDAQO
