Releases

20946 items in section

Investors Eye Class Action Against Capricor After Deramiocel Setback

Investors who purchased Capricor Therapeutics securities between December 17, 2025, and July 26, 2026, face a September 28 deadline to seek lead plaintiff status in a federal class action lawsuit. The litigation follows a sharp decline in share price triggered by FDA concerns over the company’s clinical data analysis.

Thornburg Income Builder Opportunities Trust Sets August Distribution

Thornburg Income Builder Opportunities Trust announced a monthly distribution of $0.10417 per share, payable on August 20, 2026. Shareholders of record as of August 13, 2026, will receive the payout, which includes both short-term capital gains and a return of capital, maintaining the previous month's distribution level.

California Utilities Break Lobbying Records Amid Bailout Negotiations

California’s three largest investor-owned utilities have funneled a record $16.7 million into lobbying efforts during the current legislative session, setting a new high-water mark for political spending in Sacramento while Governor Gavin Newsom considers a fresh bailout to shield companies from wildfire liability.

Whirlpool Faces Margin Pressure as Second-Quarter Sales Dip

Whirlpool Corporation reported second-quarter net sales of $3.5 billion, a 6.8% decline from the previous year, as the manufacturer grapples with industry-wide volume drops and rising costs. Despite the downturn, CEO Marc Bitzer pointed to sequential margin expansion driven by aggressive pricing strategies and ongoing cost-reduction programs.

TransMedics Issues Stock Inducements to Nine New Hires

Nine new employees at Andover-based medical technology firm TransMedics Group have received equity grants as a condition of their recent hiring. The compensation package includes both stock options and restricted stock units, approved by the company's board to secure talent for its organ transplant therapy division.

Calamos Investments Sets August Distributions for Closed-End Funds

Calamos Investments has finalized its monthly distribution schedule for seven closed-end funds, with payments slated for August 21, 2026. Shareholders of record as of August 14 will receive payouts ranging from $0.06 to $0.195 per share, as the firm balances income and capital gains allocations across its diverse portfolio.

SU Group Holdings Faces Nasdaq Delisting After Failing Price Rules

Hong Kong-based security firm SU Group Holdings Limited has received a formal delisting notice from Nasdaq after its Class A ordinary shares traded below the mandatory $1.00 threshold for 30 consecutive business days. The company now faces a potential removal from the exchange unless it successfully challenges the decision.

Matson Profits Jump as Transpacific Demand Drives Upward Forecast

Matson, Inc. reported a significant surge in second-quarter profitability, with net income rising to $129.4 million from $94.7 million a year ago. Driven by robust freight demand in its China service and tighter supply conditions across the Pacific, the Honolulu-based carrier has officially raised its financial outlook for the full year 2026.

Sterling Infrastructure Posts Record Q2 as Revenue Surges 90%

Sterling Infrastructure reported a transformative second quarter for 2026, with revenue climbing 90% to $1.17 billion. The surge, fueled by aggressive acquisitions and robust demand in its E-Infrastructure segment, prompted the company to raise its full-year guidance as net income hit $155.8 million, a 120% increase over the previous year.

Jazz Pharmaceuticals Lifts 2026 Guidance After Record Revenue Quarter

Jazz Pharmaceuticals reported record-breaking quarterly revenues of $1.2 billion, a 16% increase compared to last year, prompting the Dublin-based company to raise its full-year 2026 revenue guidance to a range of $4.60 billion to $4.75 billion as it prepares for the upcoming launch of its cancer therapy Ziihera.

Ultra Clean Holdings Posts Revenue Growth Amid AI-Driven Demand

Hayward-based Ultra Clean Holdings exceeded its second-quarter guidance as the semiconductor equipment supplier reported $644.9 million in revenue. CEO James Xiao credited the performance to strong operational execution, signaling that sustained investment in artificial intelligence remains a primary catalyst for the company’s recent financial turnaround.

Health In Tech Sets Date for Second Quarter 2026 Earnings Call

Health In Tech (Nasdaq: HIT) will release its financial results for the second quarter ending June 30, 2026, on August 13, 2026. The announcement is scheduled to follow the close of market, marking a key update for the AI-enabled InsurTech platform company as it details its recent business developments.

Karyopharm Therapeutics Issues Inducement Grant to New Hire

Karyopharm Therapeutics has issued 333 restricted stock units to a newly hired employee, marking a targeted compensation move under Nasdaq Listing Rule 5635(c)(4). The grant, finalized on July 31, 2026, serves as a material incentive for the recruit to join the Massachusetts-based pharmaceutical firm.

Jazz Pharmaceuticals Raises 2026 Guidance After Record Revenue Quarter

Jazz Pharmaceuticals reported record quarterly revenues of $1.2 billion, a 16% jump over the previous year, prompting the company to raise its full-year 2026 revenue guidance to a range of $4.60 billion to $4.75 billion following strong commercial performance across its core oncology and sleep therapy portfolios.

V2X Raises 2026 Outlook After Revenue Jumps 17 Percent

V2X, Inc. reported second-quarter revenue of $1.26 billion, a 17 percent increase over the previous year, as the defense contractor capitalizes on sustained demand for its mission-readiness and modernization services. Following these results, the company raised its full-year guidance for revenue, adjusted EBITDA, and adjusted diluted earnings per share.

Allison Transmission Reports Record Quarterly Sales Amid Integration

Allison Transmission Holdings hit $1,566 million in second-quarter net sales, a 92% increase driven largely by the acquisition of its Off-Highway business unit. While the company saw record performance in its legacy transmission segment, bottom-line net income dipped to $181 million due to higher integration costs and interest expenses.

The Andersons Reports Strong Q2 Growth Driven by Renewables Segment

The Andersons, Inc. reported a significant surge in second-quarter profitability for 2026, with net income reaching $57 million. The company’s performance was buoyed by record income in its Renewables division, fueled by efficient plant operations and the strategic utilization of 45Z low-carbon tax credits throughout the period.

PrideStaff Sacramento West Moves to Expand Regional Operations

Increased demand for local workforce solutions has prompted the Sacramento West branch of PrideStaff to relocate its headquarters. Starting this August, the office will operate from a larger facility at 3831 N. Freeway Blvd., Suite 105, designed to improve accessibility and service capacity for both employers and job seekers.

Vestis Workers in Indianapolis End 19-Day Strike With New Contract

After nearly three weeks on the picket line, 30 route sales representatives and support staff at Vestis have ratified a new three-year contract. The agreement follows a bitter labor dispute where workers accused the company of illegal intimidation, ultimately forcing management back to the bargaining table to secure improved conditions.

Graybar Hits Record Financial Highs in Second Quarter

St. Louis-based distributor Graybar posted its most profitable quarter in company history, reporting $3.8 billion in net sales for the second quarter of 2026. This 11.8% year-over-year revenue surge was accompanied by a 14.8% jump in net income, reaching $158.6 million as the firm continues its aggressive expansion.

Triple-S Steel Acquires Camden Yards Steel to Expand Market Footprint

Two family-owned industry stalwarts have joined forces as Triple-S Steel Holdings acquired Camden Yards Steel, a flat-rolled steel processor based in New Jersey and South Carolina. Brown Gibbons Lang & Company acted as the exclusive financial advisor for the transaction, cementing a deal that merges complementary supply chains and regional expertise.

Michelle Agnew Joins The Next Solutions Group as Reputation Vice President

Michelle Agnew, a veteran communications strategist with high-level experience at Coca-Cola, Amazon, and Southwest Airlines, has been appointed Vice President of Reputation and Issues Management at The Next Solutions Group. Based in Michigan, she will report to Managing Director Justin Blum to bolster the firm’s global client advisory services.

Agricultural Sprayer Market Set to Hit $6.5 Billion by 2036

The global agricultural sprayers market is projected to reach USD 6.54 billion by 2036, climbing from its 2026 valuation of USD 3.69 billion. Driven by a 5.9% compound annual growth rate, the sector is pivoting toward precision technology to combat labor shortages and rising chemical costs in farming operations.

University of Phoenix Provost Shapes New National Digital Learning Guide

John Woods, Provost and Chief Academic Officer at the University of Phoenix, has helped draft a new national framework designed to integrate digital learning into the core strategy of higher education institutions. The UPCEA Hallmarks of Excellence in Digital Learning Enterprises establishes guidelines for leadership, workforce alignment, and responsible innovation.

Rivermont Schools Expands Therapeutic Education to Midlothian

A 26,000-square-foot campus at 1221 Alverser Drive will open its doors this fall, marking the 18th location for the Virginia-based network. The specialized facility aims to bridge gaps for K–12 students requiring therapeutic and behavioral support, with a formal ribbon-cutting ceremony scheduled for August 13, 2026.

Kūkai Documentary Marks Cultural Bridge Between China and Japan

Five years of production culminated in the world premiere of the documentary Kūkai at the Writers Guild Theater in Beverly Hills. The 90-minute film traces the 804 CE journey of the Japanese monk Kōbō Daishi Kūkai to Tang Dynasty China, highlighting his role in shaping East Asian intellectual and artistic traditions.

Tucson Homeowners Face the Heat: When to Repair or Replace an AC Unit

When a cooling system fails during the peak of an Arizona summer, homeowners are often forced to choose between a costly repair or a full system replacement. Dan Barrios of Heatwave Air Conditioning and Heating offers a framework for navigating this decision based on unit age, efficiency, and long-term financial impact.

Monteverde & Associates Launches Investigations Into Four M&A Deals

Conflict lead: While corporate mergers promise value, New York-based Monteverde & Associates is questioning whether shareholders are getting a fair shake. The firm has launched formal inquiries into four distinct acquisition agreements, scrutinizing the terms offered to investors in Mobix Labs, Destination Solutions Group, Globalstar, and Payoneer Global.

Monteverde & Associates Scrutinizes Four Major Corporate Mergers

Shareholders of Arcosa, Crinetics Pharmaceuticals, Leggett & Platt, and LivePerson face critical voting deadlines this August and September. New York-based law firm Monteverde & Associates is currently investigating the fairness of these pending acquisitions, urging investors to evaluate whether the proposed deal terms adequately protect their financial interests.

Why Greenwood, Indiana, Remains a Magnet for Growing Families

Greenwood, Indiana, is increasingly drawing families who prioritize social connection alongside modern convenience. According to local real estate expert Angi Oakes, the city’s appeal lies in a unique blend of high-performing schools, accessible park systems, and a residential market that favors long-term stability over rapid, impersonal growth.