Releases
Found 40857 articles
Centrus Energy Extends Tax Asset Protection Plan Through 2029
Bethesda-based nuclear fuel supplier Centrus Energy Corp. has secured stockholder approval to extend its Section 382 Rights Agreement until June 30, 2029. The move aims to protect the company’s significant net operating loss carryforwards from potential federal tax limitations triggered by rapid shifts in equity ownership.
AbbVie Announces $1.73 Quarterly Dividend Payout
Shareholders of AbbVie Inc. will receive a cash dividend of $1.73 per share this August, as the North Chicago-based pharmaceutical company continues a long-standing pattern of capital returns. The payment arrives following a decade of steady growth that has seen the firm's dividend yield climb by over 330 percent.
US Defense C5ISR Budget Climbs to $42.7 Billion
The U.S. Department of Defense has requested $42.7 billion for C5ISR programs in fiscal year 2026, marking an 11.4% increase over the previous year. This surge reflects a strategic pivot toward artificial intelligence, space-based communications, and open-architecture systems to maintain dominance in increasingly contested global environments.
Saul Centers Maintains Quarterly Payouts for Shareholders
Bethesda-based real estate investment trust Saul Centers, Inc. has confirmed its upcoming dividend schedule, keeping payouts for common stock steady at $0.59 per share. The company, which manages a significant portfolio across the Washington, DC and Baltimore metropolitan regions, will distribute these funds to shareholders at the end of July.
Lyons & Simmons Secures Top Texas Legal Ranking for $109.5M Burn Case
A $109.5 million recovery in Rymers v. CPS Energy has earned Dallas-based firm Lyons & Simmons the top spot in four distinct categories of the 2025 Texas Verdict rankings. The recognition highlights a landmark legal battle centered on catastrophic burn injuries, utility negligence, and the failures of public safety infrastructure.
Preformed Line Products Declares Quarterly Dividend
The board of directors at Cleveland-based Preformed Line Products has authorized a regular quarterly dividend of $0.21 per share. This payout, confirmed following the company’s June 6 meeting, targets investors currently holding common stock ahead of the upcoming summer distribution window.
MIND Technology CEO to Present at iAccess Alpha Summer Conference
Rob Capps, President and CEO of MIND Technology, will outline the company's strategic trajectory during the iAccess Alpha Virtual Best Ideas Summer Investment Conference. The presentation, scheduled for June 23, 2026, serves as a primary touchpoint for investors interested in the firm's marine exploration and defense sector operations.
Truist Financial Sets Date for Second Quarter 2026 Earnings
Truist Financial Corporation plans to release its second-quarter 2026 financial results on the morning of Friday, July 17. The Charlotte-based bank will host a conference call shortly after the announcement to detail its performance for stakeholders and analysts monitoring the firm’s trajectory in the current fiscal year.
Third Coast Bancshares Declares Preferred Stock Dividend
The board of directors at Houston-based Third Coast Bancshares has authorized a quarterly cash dividend of $17.0625 per share for its 6.75% Series A Convertible Non-Cumulative Preferred Stock. This payout follows the company’s ongoing strategy to provide returns to its preferred shareholders as it maintains its regional banking footprint.
DTE Energy sets October dividend at $1.165 per share
The DTE Energy board of directors has authorized a quarterly cash dividend of $1.165 per share on common stock, maintaining a century-long streak of shareholder payouts. The dividend is scheduled for distribution on October 15, 2026, to investors of record as of the close of business on September 21.
OceanPal Shareholders Approve Rebrand to SVRN, Inc.
Shareholders of the maritime and digital asset firm OceanPal Inc. voted on June 16 to greenlight a corporate name change to SVRN, Inc. The decision, finalized at the company's 2026 Annual General Meeting, aligns the entity's public identity with its ticker symbol and its expanding focus on the NEAR Protocol blockchain.
Cousins Properties Declares Quarterly Dividend of $0.32
Shareholders of Atlanta-based real estate investment trust Cousins Properties are set to receive a cash dividend of $0.32 per common share for the second quarter of 2026. The payment reflects the firm's ongoing strategy of managing Class A office assets across high-growth markets in the Sun Belt region.
abrdn National Municipal Income Fund Sets Final Distribution
Investors in the abrdn National Municipal Income Fund will receive a final cash distribution of $0.024 per share on July 7, 2026. This payout marks the fund's concluding move before its scheduled reorganization into the Aberdeen Municipal Income Fund later that month.
MaiAgent Challenges Enterprise AI Development at VivaTech 2026
Building production-grade AI agents from the ground up is consuming months of valuable engineering resources for little return. At VivaTech 2026, Taiwan-based MaiAgent argued that enterprises should abandon custom-built systems in favor of a pre-governed AI Core to handle retrieval, orchestration, and security requirements.
Money Market Assets Climb to Record $7.92 Trillion
A surge in institutional capital pushed total money market fund assets to a record $7.92 trillion for the week ending June 17, according to the Investment Company Institute. The data, reported weekly to the Federal Reserve, reflects a net increase of $39.67 billion as investors reposition their holdings.
Pennsylvania Teamsters Back Robert Bresnahan for Re-election
The Pennsylvania Conference of Teamsters has officially endorsed U.S. Representative Robert Bresnahan for his re-election bid in the 8th Congressional District. The union, representing over 90,000 workers across the Commonwealth, cited the Republican incumbent’s legislative track record as the driving force behind their rare cross-party support.
Supreme Court poised to rule on birthright citizenship
The U.S. Supreme Court is expected to deliver a definitive ruling in Trump v. Barbara, a case poised to redefine citizenship for children born on American soil to parents lacking legal status or holding temporary visas. The decision will address whether these individuals fall under the jurisdiction of the United States.
Vantage Bank and Custodia Unveil Hazel Network for Unified Tokenized Assets
Vantage Bank and Custodia have introduced the Hazel Network, a new infrastructure designed to bridge traditional banking with tokenized systems. By utilizing a single, integrated smart contract, the platform allows bank deposits to programmatically transform into stablecoins based on their movement, aiming to modernize payments while maintaining regulatory compliance.
Charles S. Cohen Settles Multi-Million Dollar Debt with Fortress
After two years of contentious litigation, developer Charles S. Cohen has satisfied the full judgment debt owed to Fortress Investment Group. The payment effectively neutralizes the threat of a court-appointed receiver and brings a definitive close to a high-stakes financial dispute that once defined the relationship between the two parties.
John Tartaglia Elevated to Vice President at The Jim Henson Company
The Jim Henson Company has promoted Tony-nominated performer and Emmy-winning creator John Tartaglia to Vice President of Development and Production. Reporting directly to CEO Lisa Henson, Tartaglia will oversee new creative projects across television and theater while maintaining his long-standing role as the creative supervisor for the Fraggle Rock franchise.
Global Finance Names BMO Best Bank in North America
BMO Financial Group has secured three top honors from Global Finance, earning recognition as the best bank in North America, the Western United States, and for transaction banking across the continent. The awards highlight the institution's aggressive integration of artificial intelligence and digital innovation within its core operations.
BMO Secures Triple Win in Global Finance Banking Awards
BMO Financial Group has claimed three top honors from Global Finance, being named the Best Bank in North America, the Best Bank in the Western United States, and the Best Bank for Transaction Banking in North America, highlighting the institution's recent push into artificial intelligence and digital payment integration.
Leifras Revenue Hits Record High Amid School Club Privatization Push
Tokyo-based sports educator Leifras Co., Ltd. reported record-high quarterly revenue of JPY3.0 billion for the first quarter of fiscal year 2026, a 10% increase year-over-year. Despite a slight dip in operating income, the company is leveraging Japan’s national policy shift to transition school club activities to private-sector providers.
Josh Bilicki to Carry Green Industry Branding at Chicagoland Speedway
NASCAR driver Josh Bilicki will pilot the No. 07 SS Green Light Racing Chevrolet with co-primary sponsorship from Granum and Creekside Outdoor Living during the O'Reilly Auto Parts Series race. The July 4 event highlights the landscaping sector on a national stage, bridging professional trades with competitive motorsport.
Dun & Bradstreet Deploy Agentic AI to Automate Corporate Compliance
Compliance teams struggling with manual due diligence processes can now leverage new agentic AI capabilities from Dun & Bradstreet to slash processing times by up to 96%. By embedding verified commercial data directly into automated workflows, the platform aims to replace week-long verification cycles with near-instant execution.
SVEDA Targets Hamptons Luxury Market with New Retail Partnerships
After a high-profile showcase at the U.S. Open Women's Polo Championship in Florida, clean skincare brand SVEDA is planting roots in the Hamptons. The company has secured placements in Southampton and East Hampton, signaling a strategic move to align its Scandinavian-inspired products with the region’s premier boutique shopping destinations.
Graphite One Hires Engineering Firm to Advance Ohio Battery Plant
Graphite One has signed a contract with a global engineering firm to design and integrate production lines for its planned Ohio battery materials facility. This shift from planning to implementation marks a strategic attempt to secure a domestic supply chain for the electric vehicle and energy storage sectors.
Global Agricultural Inputs Market Set for $11.5 Billion Valuation
The global market for seed and fertiliser treatments is poised to climb from $7.98 billion in 2025 to $11.52 billion by 2032. Faced with climate volatility and declining soil health, farmers are pivoting toward integrated agronomic solutions to maintain productivity without over-relying on traditional input intensification.
Morningstar Farms Recalls Buffalo Nuggets and Sausage Patties
Morningstar Farms has issued a voluntary recall for two of its popular frozen food products across the United States, Puerto Rico, and Costa Rica. The company identified potential contamination in its Buffalo Chik'n Nuggets and Hot & Spicy Sausage Patties, citing the possible presence of small plastic pieces within the packaging.
HawkEye 360 Appoints New Leadership to Direct ISA Division
Following its May public offering, Herndon-based HawkEye 360 has restructured its Innovative Signal Analysis division by appointing Cory Peichel as Senior Vice President and General Manager, alongside Mark Volpi, who assumes the role of Vice President and Deputy General Manager to oversee mission delivery and strategic execution.