Releases

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Sleep Country Finalizes Acquisition of Sleep Number

With a valuation topping $3 billion, Sleep Country has finalized its acquisition of Sleep Number, creating the world’s second-largest sleep retailer. The merger unites two North American industry giants, combining Sleep Country’s extensive retail footprint with Sleep Number’s proprietary technology to reshape the global bedding market.

S&P Indices Reshuffle: Ferguson Enterprises and ADI Global Join Ranks

A major realignment of S&P Dow Jones Indices is set for early August, as Ferguson Enterprises prepares to enter the S&P 500 while ADI Global Distribution secures a spot in the S&P SmallCap 600, displacing Electronic Arts and Hertz Global Holdings respectively in a shift driven by corporate acquisitions and spin-offs.

Denarius Metals Completes Debt-to-Equity Conversion

Denarius Metals Corp. has finalized a major financial restructuring, retiring its Series 1 and Series 2 convertible debentures through an early redemption. The company issued over 223 million common shares to debentureholders, significantly altering its capital structure and increasing its total issued and outstanding shares to 437 million.

Jovi Greene Brings Lost In Her Mind Tour to Toronto's Horseshoe Tavern

Nineteen-year-old country artist Jovi Greene makes his Canadian debut at Toronto’s historic Horseshoe Tavern on August 4. The performance serves as an unofficial curtain-raiser for the city’s upcoming Toronto Country Fest, bringing his blend of folk and pop to the stage that once hosted legends like Willie Nelson.

First Horizon Retains Newsweek Workplace Honors for Second Year

Memphis-based First Horizon Corporation has secured two spots on Newsweek’s annual rankings for the second consecutive year, earning recognition as a top employer in both the financial services sector and specifically for women, underscoring the firm’s ongoing efforts to balance high-stakes banking performance with internal employee satisfaction.

Pittsburgh Robotics & AI Discovery Day Adds Defense Pavilion for 2026

A strategic partnership between the Pittsburgh Robotics Network and the Pittsburgh Technology Council will debut a new Defense Pavilion at this year's Robotics & AI Discovery Day. Scheduled for September 16, the event aims to spotlight dual-use technologies that bridge the gap between commercial innovation and national security requirements.

Sun Life Adds Katherine Lee to Board of Directors

With over two decades of experience navigating complex financial landscapes, Katherine Lee joins the Sun Life Financial board effective July 31. Her appointment brings a background in global investment and real estate to the firm as it focuses on long-term growth and strategic transformation for its international client base.

Katherine Lee Joins Sun Life Board of Directors

With over two decades of experience in global finance and real estate, Katherine Lee has been appointed to the Sun Life Financial board of directors effective July 31. Her track record includes high-level executive tenures at GE Capital and board roles at major corporations including BCE Inc. and Colliers International.

PDW Secures $820 Million Federal Loan to Onshore Drone Manufacturing

The U.S. Department of War’s Office of Strategic Capital has extended a conditional $820 million loan commitment to Performance Drone Works, a move aimed at dismantling domestic reliance on foreign-controlled supply chains for critical drone components, robotics, and autonomous systems through expanded production at the company’s Huntsville facility.

CMS Finalizes CJR-X Rule to Mandate Value-Based Surgical Care

The Centers for Medicare & Medicaid Services has codified the Comprehensive Care for Joint Replacement Expansion (CJR-X), officially signaling a national shift toward value-based payment models. Launching January 1, 2028, the rule holds acute-care hospitals financially accountable for patient outcomes throughout the 90-day post-discharge period.

Anixter Center Reaches Settlement in 2023 Data Breach Class Action

Individuals impacted by a July 2023 cyberattack on the Lester and Rosalie Anixter Center are now eligible to claim compensation following a proposed class action settlement. The agreement, filed in the case of Cardenas v. Anixter, aims to resolve allegations that unauthorized parties accessed sensitive personal files stored on the organization's systems.

Farmers Insurance seeks California expansion with new rating plan

California small business owners in high-risk wildfire zones may soon find more coverage options as Farmers Insurance files an upgraded rating plan. The proposal, aligned with state regulatory reforms, aims to broaden commercial insurance access while pledging to write 1,500 new policies in distressed areas over two years.

Pacsun Channels San Francisco Music Roots for Outside Lands Pop-Up

Amid the return of the Outside Lands Music Festival to Golden Gate Park, Pacsun is launching a limited-edition apparel capsule modeled after independent record stores and vintage concert merchandise. The collection aims to capture the city's eclectic creative spirit through nine distinct men’s and women’s styles.

Bloom Energy Faces Class Action Over Alleged Chinese Scandium Reliance

Investors who purchased Bloom Energy Corporation securities between February 27, 2025, and July 8, 2026, have until September 28 to seek lead plaintiff status in a federal class action lawsuit. The litigation follows allegations that the company obscured its reliance on Chinese-sourced scandium, a critical component for its fuel cell systems.

Altria Faces Shareholder Investigation Over Nicotine Pouch Claims

Conflict emerged this week as law firm Levi & Korsinsky launched an investigation into Altria Group, questioning the accuracy of management’s public statements regarding the FDA regulatory status of its on! PLUS nicotine pouches and the timeline for pending marketing authorizations.

Levi & Korsinsky Probes Pharming Group Over RUCONEST Revenue Slide

A 22% plunge in Pharming Group shares following a sharp decline in RUCONEST sales has triggered a formal investigation by law firm Levi & Korsinsky. The inquiry centers on whether the company provided investors with transparent disclosures regarding competitive pressures facing its legacy product during the second quarter of 2026.

Teladoc Investors Face Losses as Law Firm Probes Revenue Guidance

A single trading session wiped out 28% of Teladoc Health’s market value, triggering a formal investigation by Levi & Korsinsky. The firm is examining whether the telehealth company misled shareholders regarding its revenue projections and the deteriorating performance of its BetterHelp division throughout 2026.

Neuberger Real Estate Income Fund Declares August Distribution

The Neuberger Real Estate Securities Income Fund, traded on the NYSE American as NRO, has confirmed a monthly cash distribution of $0.0312 per share. Shareholders on record as of August 17, 2026, will receive the payout at the end of the month, maintaining the firm's established level distribution policy.

KeyCorp Sets Quarterly Earnings Schedule Through Early 2028

Cleveland-based financial giant KeyCorp has locked in its reporting calendar for the 2027 fiscal year, confirming a series of four conference calls to dissect quarterly performance. The bank intends to disclose its financial results to the public shortly before the opening bell on each of the designated meeting dates.

Neuberger Connectivity Fund Sets August Distribution at 12 Cents

Shareholders of the Neuberger Next Generation Connectivity Fund are set to receive a monthly distribution of $0.12 per share. The payout, scheduled for August 31, 2026, follows the firm’s established level distribution policy, which aims to provide consistent returns to investors despite fluctuating market conditions.

Neuberger Energy Infrastructure and Income Fund Sets August Payout

The Neuberger Energy Infrastructure and Income Fund has declared a monthly distribution of $0.07008 per share for its common stockholders. The payment is scheduled for August 31, 2026, for shareholders of record as of August 17, 2026, with an ex-dividend date also set for August 17.

Agriculture & Natural Solutions SPAC to Liquidate After Deal Failure

With no business combination on the horizon before its August 12 deadline, Agriculture & Natural Solutions Acquisition Corporation is folding. The New York-based SPAC confirmed it will cease operations and return capital to shareholders, marking the end of its attempt to find a target company for acquisition.

Rebecca McKillican Appointed to BCE Board as Katherine Lee Retires

Rebecca McKillican, former CEO of McKesson Canada, has joined the Board of Directors at BCE Inc. and Bell Canada. Her appointment coincides with the departure of Katherine Lee, who is stepping down after 11 years of service, marking a shift in the telecommunications giant's governance structure.

BCE reshuffles board as Rebecca McKillican joins and Katherine Lee retires

BCE Inc. has appointed Rebecca McKillican, the former CEO of McKesson Canada, to its board of directors, marking a strategic shift in leadership. The announcement coincides with the departure of Katherine Lee, who concludes an 11-year tenure on the board as the company pursues a balance of institutional experience and renewal.

FGI Industries Sets August 13 Date for Q2 Earnings Call

Investors and market analysts will turn their attention to FGI Industries on August 13, 2026, as the kitchen and bath supplier hosts a conference call to dissect its second-quarter performance. The company plans to release its official financial results immediately following the market close on August 12.

Leidos Holdings Authorizes New Share Buyback and Dividend

Leidos Holdings will distribute a quarterly cash dividend of $0.43 per share to stockholders of record by September 15, 2026. Alongside the payout, the Reston-based technology firm has cleared a new share repurchase program for up to 20 million shares, effectively replacing its fully utilized 2022 authorization.

Clorox Raises Quarterly Dividend to $1.25

The Oakland-based Clorox Company has raised its quarterly dividend to $1.25 per share, marking a incremental increase from the previous $1.24 payout. This adjustment reflects the consumer goods giant's ongoing commitment to returning capital to its shareholders through consistent, annual growth in dividend distributions.

Securitize Sets Second Quarter 2026 Earnings Call

Securitize Corp. will provide an update on its financial performance for the second quarter of 2026, scheduling a conference call for August 13 at 8:30 a.m. ET. The company plans to release its official results the previous afternoon, setting the stage for a review of its current market position.