Releases

22288 items in section

TELUS Declares Quarterly Dividend of 18.75 Cents

Shareholders of record at the close of business on September 10, 2026, will receive a quarterly payout of $0.1875 Canadian per share. The dividend distribution, confirmed by the TELUS Board of Directors, marks the company’s latest return of capital to its investors, with payments scheduled for release on October 1, 2026.

Global Smart Meter Market Projected to Reach $50.82 Billion by 2031

The global smart meter market is set for significant expansion, with valuations expected to climb from $31.60 billion in 2026 to $50.82 billion by 2031. Driven by a 10% compound annual growth rate, this shift reflects a worldwide push toward grid modernization and the integration of advanced digital utility technologies.

iPullRank Joins Profound as Agency Partner to Scale AI Search

New York-based agency iPullRank has been named a Profound Agency Partner, formalizing a strategic collaboration aimed at optimizing enterprise performance in AI-driven search environments. By integrating its Relevance Engineering framework directly into the Profound platform, the agency seeks to bridge the gap between AI visibility data and actionable content strategy.

Ontario Court Certifies Class Action Against Intuit Over TurboTax Fees

Justice Leiper of the Ontario Superior Court of Justice has certified a class action lawsuit against Intuit Canada ULC and its American parent company. The litigation targets the software giant's long-standing marketing claims, alleging that TurboTax was deceptively advertised as free to Canadian users who were later forced to pay.

Bybit Expands Collateral Options with Six Tokenized xStock Assets

Bybit has integrated six xStock assets into its collateral framework, allowing users to leverage tokenized equities across its margin and lending services. This update marks a strategic shift to bridge traditional stock market exposure with the liquidity and utility of the exchange's crypto-native financial ecosystem.

T. Rowe Price Assets Reach $1.89 Trillion in Second Quarter

With $1.89 trillion in client assets under management as of June 30, 2026, Baltimore-based T. Rowe Price Group is positioning its retirement-focused portfolio to navigate ongoing market shifts. The firm confirmed these figures today while preparing leadership to discuss the second quarter’s financial performance during a morning webcast.

Enbridge Expands Growth Backlog to $41 Billion Amid Market Volatility

Enbridge Inc. reported second-quarter earnings of $1.4 billion on Wednesday, reaffirming its 2026 financial guidance while expanding its secured capital backlog to $41 billion. Despite broader energy market volatility, the company continues to advance major infrastructure projects, including the $1 billion Line 5 relocation in Wisconsin.

CREATE Medicines Taps Monash University for Targeted LNP Tech

To solve the persistent challenge of precise cell-type-specific delivery, Cambridge-based CREATE Medicines has entered a strategic partnership with Monash University. The collaboration grants the biotech firm exclusive access to advanced lipid nanoparticle chemistries and novel binder formats, aiming to accelerate the development of next-generation in vivo CAR therapies.

TDS and Array Set August 7 Date for Second Quarter Financial Results

Telephone and Data Systems and Array Digital Infrastructure will report their second quarter financial results on August 7, 2026. Following the release, both companies plan to host a joint conference call at 9:00 a.m. Central Time to discuss their operational performance with investors and market analysts.

Ractigen Cleared for First saRNA Clinical Trials in PVR Patients

The U.S. Food and Drug Administration has cleared an Investigational New Drug application for RAG-1C, a first-in-class small activating RNA therapy designed to treat Proliferative Vitreoretinopathy. This approval follows a similar regulatory green light in China, marking a significant step toward addressing a condition that currently lacks any pharmacological treatment options.

Mississippi Launches First Data Center Workforce Training Program

Compass Datacenters and Meridian Community College are launching a specialized training initiative to address a critical shortage of skilled technicians in Mississippi. The 14-week program, designed to support a $10 billion digital infrastructure investment, offers hands-on mechanical and electrical training to residents with no prior experience.

B&H Marks One Year of Its Reimagined Event Space in Manhattan

At the corner of 34th Street and 9th Avenue, the B&H Event Space has spent the last year transforming from a retail fixture into a community hub. Since its July 2025 relaunch on the superstore's first floor, the venue has hosted thousands of creators for free seminars, workshops, and networking events.

BorgWarner Approves Quarterly Dividend for Shareholders

BorgWarner’s board of directors has authorized a quarterly cash dividend of $0.17 per share of common stock. The payout is scheduled for September 15, 2026, targeting investors who appear on the company's books as of the record date on September 1, 2026.

Ares Management Closes $8.2 Billion in U.S. Direct Lending Deals

Ares Management Corporation finalized approximately $8.2 billion in new U.S. direct lending commitments during the second quarter of 2026, spanning 69 individual transactions. This activity brings the firm's total closed commitments for the 12-month period ending June 30 to $52.3 billion across 347 separate deals.

TXNM Energy Posts Profit Growth Amid Pending Blackstone Acquisition

TXNM Energy reported second-quarter 2026 GAAP earnings of $0.64 per diluted share, a significant increase from $0.22 in the same period last year. The Albuquerque-based utility provider continues to navigate the regulatory approval process for its pending $61.25-per-share acquisition by Blackstone Infrastructure, now expected to close by mid-2027.

Lear Corporation Raises 2026 Outlook After Strong Second Quarter

Southfield-based automotive supplier Lear Corporation reported a 3% revenue increase to $6.2 billion for the second quarter of 2026, prompting the company to raise its full-year financial guidance. The results underscore a period of resilient growth despite stagnant global vehicle production levels across key regional markets.

Global Geomembranes Market Projected to Reach $5.2 Billion by 2031

The global geomembranes market is poised for significant expansion, with valuations expected to climb from $3.39 billion in 2026 to $5.20 billion by 2031. This 7.5% compound annual growth rate is largely fueled by tightening environmental regulations and an escalating demand for robust containment solutions across the mining and water infrastructure sectors.

Chicago Faucets Launches CF Connect PLUS for Automated Water Management

Healthcare facilities struggling with manual compliance and pathogen risks now have a digital alternative for water system oversight. Chicago Faucets is debuting its CF Connect PLUS platform at the 2026 Healthcare Facilities Innovation Conference, offering a centralized system to automate hygiene flushing and streamline documentation across entire buildings.

TELUS Slashes Dividend by 55% in Major Strategic Pivot

Facing a shifting macroeconomic landscape and competitive pricing pressures, TELUS Corporation has announced a 55% dividend reset and a series of aggressive cost-cutting measures. The Vancouver-based telecom giant aims to shore up its balance sheet, targeting a debt-to-EBITDA ratio of 3.0-times or lower by the end of 2028.

TELUS Slashes Dividend by 55% to Tackle Debt and Refocus Strategy

Facing a shifting macroeconomic landscape, Vancouver-based TELUS Corporation announced a major financial restructuring on Wednesday, cutting its quarterly dividend by 55% to $0.1875 per share. The move aims to accelerate debt reduction and preserve capital as the telecommunications giant navigates increased competition and cooling subscriber demand.

Lamborghini Charlotte Adds 2023 Huracán Tecnica to Pre-Owned Inventory

A 2023 Lamborghini Huracán Tecnica has arrived at the Lamborghini Charlotte showroom, offering local enthusiasts a chance to acquire the V10-powered supercar. Positioned as a bridge between track-focused performance and daily road versatility, the vehicle features aerodynamic refinements inspired by the Huracán Super Trofeo EVO2.

Beyond Dinner: How DoorDash Is Becoming a Retail Utility

DoorDash is shifting from a restaurant-centric platform to an on-demand retail utility, as new data confirms households are increasingly using the service for household supplies, electronics, and beauty products. This change reflects a broader consumer pivot toward same-day delivery for urgent, everyday errands rather than just prepared meals.

IDEAYA Biosciences Issues Stock Options to New Hires

South San Francisco-based IDEAYA Biosciences has issued non-qualified stock options to fourteen new employees, leveraging the company's 2023 Employment Inducement Incentive Award Plan to secure talent. The move follows the firm's ongoing focus on advancing its precision oncology pipeline through targeted therapeutics and synthetic lethality research.

Dogtails Mixology Brings Canine-Friendly Cocktails to the Party

Dogs are already part of the backyard barbecue and the lakeside gathering, but their bowls rarely match the craft cocktail in their owner’s hand. Wisconsin-based Dogtails Mixology is closing that gap with a new line of premium recipe cards that pair human-grade libations with veterinarian-approved canine treats.

Ares Management Reports Record Fundraising Amid Market Slowdown

Ares Management Corporation logged $36 billion in inflows during the second quarter of 2026, marking a record fundraising period for the investment firm. Despite a sluggish transaction environment, the company maintained steady performance across its global strategies, pushing total assets under management to over $671 billion.

Zum Breaks Ground on Philadelphia Student Transit Hub

Modern student mobility provider Zum is planting deep roots in Philadelphia, securing two industrial sites in the Northeast corridor to anchor its upcoming partnership with the School District of Philadelphia. The company is transforming the properties into a high-tech operations base as it gears up for the 2026-27 academic year.

StarCharge Secures Top Microgrid Ranking at 2026 GGII Summit

With over 300 global deployments, StarCharge claimed the top spot at the 2026 GGII Energy Storage Industry Summit. The award highlights the company’s influence in integrating smart charging, virtual power plants, and microgrid architecture across industrial parks, mining sites, and remote off-grid locations worldwide.

Fetch Scales Offsite Logistics to Major University Hubs

Student housing communities face package volumes 30% to 50% higher than traditional apartments, forcing operators to seek offsite relief. Fetch is now pushing into seven major college markets, including Ann Arbor, Madison, and Gainesville, to centralize logistics and remove the burden of high-density delivery management from onsite teams.

Chipmaker SiEngine Secures US$200 Million to Scale Automotive Silicon

SiEngine Technology has closed a US$200 million equity financing round, marking a significant milestone for the Chinese semiconductor designer. This capital injection, secured during the first half of 2026, reinforces the company's position as a critical partner in the software-defined vehicle ecosystem alongside its lead investor, ECARX.