Releases

23272 items in section

4Pines Fund Services Overhauls Fund Administration with Shared C2P Model

Stamford-based 4Pines Fund Services has unveiled an upgraded version of its C2P platform, shifting fund administration from a black-box service model to a transparent, shared environment. The system allows administrators and clients to track every task, communication, and audit trail in real time through a single, unified workflow.

CGI Reports Revenue Growth and Stronger Earnings in Third Quarter

CGI reported $4.19 billion in revenue for the third quarter of fiscal 2026, a 2.5% increase year-over-year. The Montréal-based IT consulting firm leveraged steady demand for enterprise-scale AI integration and government sector contracts to boost diluted earnings per share by 22.5% to $2.23.

OneMain Holdings Reports $152 Million Profit in Second Quarter

OneMain Holdings reported a net income of $152 million for the second quarter of 2026, a decline from the $167 million recorded during the same period last year. The nonprime consumer lender posted diluted earnings per share of $1.32, while declaring a quarterly dividend of $1.05 per share.

Aon Posts 5% Organic Revenue Growth in Second Quarter

Aon reported a 5% increase in organic revenue for the second quarter of 2026, as the firm leveraged its "Aon United" strategy to capitalize on rising client demand. Despite a 3% decline in net income to $2.58 per diluted share, the company achieved a 9% rise in adjusted earnings per share.

Boston Scientific Reports $5.44 Billion in Second Quarter Sales

Boston Scientific Corporation posted second-quarter net sales of $5.44 billion, marking a 7.5 percent increase compared to the same period last year. The medical device manufacturer, led by CEO Mike Mahoney, reported GAAP net income of $907 million as it continues to expand its cardiovascular and MedSurg portfolios.

NACCO Industries Sets August Date for Second Quarter Financial Results

Investors will get a look at NACCO Industries' performance on August 5, 2026, when the Cleveland-based firm releases its second quarter financial results after the closing bell. The company plans to follow the disclosure with a live conference call the following morning to break down the latest numbers.

Prosperity Bancshares Reports 20% Earnings Growth Amid Texas Expansion

Prosperity Bancshares posted $168.6 million in net income for the second quarter of 2026, marking a 20.4% increase over the same period last year. The Houston-based financial group, which finalized its acquisition of Stellar Bancorp on July 1, continues to capitalize on a robust regional economy and aggressive expansion across Texas.

Cognizant Reports Q2 2026 Growth Amid AI-Driven Strategic Pivot

Teaneck-based technology services provider Cognizant posted $5.5 billion in revenue for the second quarter of 2026, marking a 4.5% year-over-year increase. The firm is aggressively scaling its AI-focused workforce and infrastructure to meet rising enterprise demand, while simultaneously navigating a complex global macroeconomic environment.

PortSwigger debuts Burp AT to bring agentic AI into pentesting

PortSwigger has launched a public beta of Burp AT, a new tool designed to integrate agentic AI directly into the Burp Suite professional environment. The platform allows security researchers to delegate investigative tasks to AI agents while maintaining strict control over scope, permissions, and final decision-making processes during live engagements.

Ceragon Sets August 11 Date for Second Quarter 2026 Earnings

Investors will receive a look at Ceragon’s fiscal health on August 11, 2026, when the wireless connectivity provider releases its second-quarter results before the opening bell. The announcement follows a period of heavy integration for the firm, which currently services over 600 providers and 1,600 private network owners globally.

Lemonade CFO Tim Bixby to Step Down as Part of Leadership Succession

Insurance technology firm Lemonade announced a significant management shift alongside its second-quarter 2026 financial results, confirming that long-time Chief Financial Officer Tim Bixby will vacate his position at the end of the year to join the company’s Board of Directors, with SVP of Finance Nick Stead set to succeed him.

Avantor Raises 2026 Outlook After Stronger-Than-Expected Second Quarter

Avantor, Inc. outperformed analyst expectations for the second quarter of 2026, reporting net sales of $1.69 billion. Driven by a faster-than-anticipated recovery in its distribution segment and robust cash flow, the company has officially raised its organic revenue growth and adjusted earnings per share guidance for the full fiscal year.

Clarivate Promotes Michael Easton to Chief Financial Officer

Clarivate Plc has named Michael Easton as its new Executive Vice President and Chief Financial Officer, effective August 8, 2026. Easton, who currently serves as the company's Senior Vice President and Chief Accounting Officer, will succeed Jonathan Collins, who is departing the organization to pursue other professional opportunities.

Thermal Management: The Hidden Tax on AI Factory Profitability

Data centers are hemorrhaging nearly a third of their compute power to inefficient heat management, according to a new report from Silicon Valley-based Frore Systems. As power demand for artificial intelligence infrastructure nears 1,350 TWh by 2030, the ability to dissipate heat has emerged as the primary constraint on economic output.

Clarivate Promotes Michael Easton to Chief Financial Officer

Clarivate has appointed Michael Easton as its new Executive Vice President and Chief Financial Officer, effective August 8, 2026. Easton, who currently serves as the company's Chief Accounting Officer, will succeed Jonathan Collins as he departs the information and analytics firm to pursue a new professional opportunity.

Brandi AI Wins Gold Stevie for Generative Engine Optimization

Brandi AI has secured a Gold Stevie Award for New Product of the Year, recognizing its enterprise platform designed to track and influence brand visibility within AI-generated responses. As buyers increasingly rely on tools like ChatGPT and Google AI Overviews, the software fills a critical gap in modern marketing analytics.

Why Your Business Insurance Certificates Are Lying to You

Most companies treat a Certificate of Insurance as a guarantee of coverage, but that document is merely a static snapshot of a policy on a single day. Kristen Nunery, CEO of illumend, warns that relying on renewal dates creates a dangerous illusion of security that leaves organizations vulnerable to mid-term lapses.

Epson Targets School Market with New Wide-Format Printing Bundle

Epson is launching the SureColor T3770E Education Edition, a comprehensive 24-inch wide-format printing bundle priced at $4,100. Designed to simplify in-house production of posters and visual aids, the package includes the printer, dedicated software, and a full suite of supplies aimed at reducing setup time for school administrators.

Just For Laughs Concludes Record-Breaking 2026 Comedy Festival

The 2026 Just For Laughs Montréal Festival closed its doors on July 26, cementing its position as a global comedy powerhouse. Running for twelve days, the event drew tens of thousands to the city, blending legendary headliners with emerging talent and massive outdoor activations in the heart of the Quartier des Spectacles.

Bixby Wealth Solutions Targets Growth with F.L.Putnam Minority Stake

F.L.Putnam Investment Management Company has secured a strategic minority investment from Bixby Wealth Solutions, an arm of the Austin-based Moontower Group. The deal provides the Lynnfield-based firm with fresh capital to accelerate its national expansion, enhance client-facing technology, and recruit new advisory talent across its 14-office network.

Clarivate Reports Q2 Loss Following Goodwill Impairment Charge

London-based information services firm Clarivate Plc posted a net loss of $268.6 million for the second quarter of 2026, a sharp decline compared to the $72 million loss reported in the same period last year, primarily due to a $221.7 million non-cash goodwill impairment charge.

Clarivate Reports $268.6 Million Quarterly Loss Amid Restructuring

Clarivate recorded a $268.6 million net loss for the second quarter of 2026, a figure heavily impacted by a $221.7 million non-cash goodwill impairment charge. Despite the bottom-line deficit, the London-based data provider reaffirmed its full-year 2026 financial outlook as it moves forward with a significant corporate reorganization.

Ares Capital Reports Q2 Earnings and Declares $0.48 Dividend

Ares Capital Corporation, the nation’s largest publicly traded business development company, reported second-quarter net income of $0.24 per share while maintaining a steady quarterly dividend of $0.48. The company navigated a slower transaction environment by leveraging its $6 billion liquidity position to secure high-quality credit opportunities.

Cyware and Armis Partner to Automate Asset-Centric Threat Defense

Security teams often struggle to correlate global threat data with their specific internal infrastructure, leaving critical devices exposed. A new integration between Cyware and Armis from ServiceNow aims to bridge this visibility gap, transforming raw intelligence into automated, asset-aware defenses against sophisticated, AI-driven cyber threats.

Energy Fuels Breaks Ground on Utah Heavy Rare Earth Facility

Construction is underway at the White Mesa Mill in Utah to enable commercial-scale production of terbium and dysprosium oxides. This expansion marks a pivotal shift for Energy Fuels as the company works to solidify an integrated North American supply chain for high-performance magnets essential to defense and electric vehicle sectors.

Lockton Launches Dedicated Digital Infrastructure Risk Practice

As demand for AI and cloud computing accelerates, Lockton has established a global practice focused exclusively on the risks inherent in data centers and digital infrastructure. The unit aims to guide developers and operators through the entire project lifecycle, from initial site selection to long-term operational management.

AI-Driven Cyberattacks Drive Breach Costs to $6 Million Average

One in four malicious data breaches are now fueled by artificial intelligence, marking a 56% surge over the previous year. These incidents carry a hefty price tag, costing companies an average of $6 million—roughly $1 million more than the global average for traditional data breaches, according to IBM’s 2026 report.

MIND Launches Autonomous AI Agents to Automate Data Loss Prevention

As generative AI accelerates the velocity at which sensitive data flows through corporate networks, human-led security teams are struggling to keep pace. Seattle-based MIND is attempting to bridge this gap by deploying autonomous agents designed to handle routine classification, policy enforcement, and incident remediation tasks without manual oversight.

Stanley Black & Decker Raises 2026 Profit Outlook After Tariff Windfall

Stanley Black & Decker reported a second-quarter profit boost from unexpected tariff refunds, helping the tool manufacturer raise its full-year earnings and cash flow targets. The company effectively leveraged the $4 billion in quarterly sales to pare down debt and fund share repurchases while navigating a shifting global market.