Releases
Found 20956 articles
Allstate Reports $563 Million in June Catastrophe Losses
Catastrophe losses for Allstate climbed to $563 million in June, contributing to a substantial quarterly impact for the insurance giant. The Northbrook-based corporation confirmed these figures Tuesday, citing an after-tax hit of $445 million for the single month as weather-related claims weighed on the firm’s bottom line.
MDA Space Sets Q2 2026 Earnings Call for August 7
Toronto-based MDA Space will report its second-quarter financial results on the morning of August 7, 2026. The company’s leadership team plans to host a conference call and live webcast at 8:30 a.m. ET to review the performance figures and discuss current operations within the global aerospace market.
Ben & Jerry’s Links New Ice Cream Flavor to Anti-Authoritarian Campaign
Ben & Jerry’s is pivoting from the freezer aisle to the political arena, launching a limited-batch flavor titled Razz Up! as the centerpiece of a national campaign. The initiative aims to mobilize voters ahead of the 2026 midterms to counter what the company describes as a rising tide of authoritarianism.
Zoomd Technologies Issues First Broad Equity Grant Since 2021
Toronto-based marketing technology firm Zoomd Technologies is moving to incentivize its leadership and staff, issuing 1.275 million stock options and 1.25 million restricted share units. The move marks the company’s first large-scale equity distribution in five years, aiming to secure long-term alignment between personnel and shareholder interests.
Synapticure Launches Virtual Care Initiative for Ataxia Patients
For the thousands of Americans battling ataxia, finding specialized neurological care often requires years of searching for localized expertise. Synapticure is now attempting to bridge that gap by launching a national, virtual-first care program designed specifically to connect patients with movement disorder specialists regardless of their geographic location.
AeroVironment Investors Face July 27 Deadline in Securities Lawsuit
Investors who purchased AeroVironment, Inc. securities between June 25, 2025, and March 10, 2026, have until July 27, 2026, to file as lead plaintiffs in a class action lawsuit. The litigation, filed in the U.S. District Court for the Eastern District of Virginia, centers on allegations of misleading statements regarding the company’s space division.
Wipfli Moves Stronger to Serve Conference to Anaheim for 2027
After a 27-year residency at Caesars Palace in Las Vegas, Wipfli is relocating its annual Stronger to Serve Conference to the Anaheim Marriott in California. The event, scheduled for July 12-15, 2027, marks a strategic shift for the long-running gathering of nonprofit, government, and educational sector leaders.
Chipotle Turns Viral Water Cup Prank Into $1 Million Soccer Giveaway
During the second hydration break of the July 19 international soccer final, Chipotle will distribute $1 million in free burritos. The promotion gamifies a long-running social media joke about customers filling complimentary water cups with lemonade, challenging fans to track a digital cup for a chance to win.
Altudo Deploys AI-Driven FastLane to Slash Sitecore Delivery Timelines
Newark-based digital firm Altudo is targeting enterprise bottlenecks with the launch of FastLane, an AI-powered delivery model designed to accelerate Sitecore platform migrations and modernizations. By integrating agentic automation into the deployment lifecycle, the company claims to reduce implementation efforts by up to 80 percent.
Galmed and Barcode Nanotech Develop Heart-Targeting Aramchol Formula
Galmed Pharmaceuticals has partnered with Barcode Nanotech to engineer a novel lipid nanoparticle formulation designed to bypass the liver and deliver the drug Aramchol directly into heart tissue. This scientific pivot aims to combat cardiac fibrosis, a primary driver of heart failure that currently lacks targeted therapeutic solutions.
Alimentation Couche-Tard Renews Share Buyback Program
The Toronto Stock Exchange has cleared Alimentation Couche-Tard to repurchase up to 74.2 million common shares, representing 10% of the company's public float. This move, set to begin July 23, 2026, signals the retailer's continued commitment to returning capital to investors as it navigates its broader corporate strategy.
DarioHealth Secures Fortune 50 Contract for Cardiometabolic Platform
A Fortune 50 employer has tapped DarioHealth to deploy its AI-driven cardiometabolic care platform for over 100,000 employees. The program, which targets individuals managing diabetes and hypertension, marks the company's fifth major enterprise contract, reflecting a shift toward integrated chronic condition management among the nation's largest organizations.
USFM Corporation to Go Public via Merger with Twin Vee PowerCats
Mineral explorer USFM Corporation has entered a definitive agreement to merge with Nasdaq-listed Twin Vee PowerCats Co., a move designed to transition the private mining firm into a public entity. The deal includes spinning off Twin Vee’s marine business into a separate private trust for current shareholders.
Virax Biolabs Seeks Market Rebound After Nasdaq Compliance Win
Virax Biolabs CEO James Foster is pushing to close the gap between the company’s market valuation and its underlying assets, following a fiscal year marked by a 1-for-25 share consolidation, a successful Nasdaq compliance recovery, and a new commercial supply agreement covering six Southeast Asian markets.
ManpowerGroup Swings to Profit as Revenue Climbs to $4.9 Billion
A sharp turnaround defined ManpowerGroup’s second quarter of 2026, as the Milwaukee-based workforce firm reported $53.5 million in net earnings. This performance marks a significant recovery from the $67.1 million loss recorded during the same period last year, fueled by an 8% revenue increase to $4.9 billion.
Xenter Secures $58.25 Million to Drive TechMed Expansion
Draper-based Xenter has closed a $58.25 million Series B financing round, marking a pivotal shift for the startup as it transitions from development into the commercialization of its wireless Physical Intelligence platform. The capital infusion arrives alongside a strategic board appointment aimed at bolstering the company’s financial governance.
Abbott Lifts Profit Outlook After Strong Second Quarter
Abbott Laboratories reported a 13% increase in second-quarter sales and raised its full-year earnings guidance, signaling confidence in the company's growth trajectory. The medical device and diagnostics giant now projects adjusted diluted earnings per share between $5.45 and $5.60 for 2026, up from its previous forecast.
Indianapolis Homeowners Urged to Prep HVAC Systems for Summer Heat
With central Indiana enduring a stretch of extreme summer temperatures, local HVAC providers are warning that neglected cooling systems face a high risk of catastrophic failure. Kenneth Hale, owner of Complete Comfort Heating, Air and Plumbing, suggests that routine maintenance is the primary defense against emergency repairs and rising utility costs.
EVERYWHERE and Skydio Launch Automated Drone Response for Lone Workers
When a remote employee triggers an SOS, a drone now automatically launches toward their exact coordinates. This integration between EVERYWHERE Communications and Skydio aims to bridge the gap in emergency response, bypassing the limitations of traditional infrastructure by providing immediate aerial situational awareness for field teams.
Mill Creek Residential Wins NAA Excellence Award for Philanthropy
The National Apartment Association has honored Mill Creek Residential with its #NAAGives award, recognizing the developer’s sustained commitment to corporate social responsibility. The accolade highlights the company’s annual Month of Service, a nationwide volunteer initiative that has become a core pillar of its corporate identity over the past four years.
7-Eleven and Mattel Partner for Exclusive Hot Wheels Nissan GT-R
For the second consecutive year, 7-Eleven is merging convenience retail with collector culture by launching an exclusive die-cast 2017 Nissan GT-R (R35). The limited-edition vehicle, produced in collaboration with Mattel, features custom 7-Eleven branding and is now available at participating locations and the retailer's online shop.
Brands face loyalty crisis as marketing relevance hits 15 percent low
Only 15% of consumers feel the marketing messages they receive are truly relevant, exposing a deepening disconnect between brands and their customers. As shoppers become increasingly selective, new data from Dotdigital suggests that failing to bridge this personalisation gap is costing companies the chance to secure long-term repeat business.
Brennan Investment Group Enters Boise Industrial Market
Brennan Investment Group has secured a foothold in Idaho’s industrial sector, acquiring a 439,600-square-foot, three-building portfolio in Nampa. The fully leased Class A assets, completed in 2023, signal the Chicago-based firm’s intent to capitalize on the Boise region’s rapid expansion and high-tech economic trajectory.
Defense Unicorns Moves to At-Sea Testing for U.S. Navy Software
The U.S. Navy is transitioning Defense Unicorns’ software stack from laboratory settings to active naval vessels. Through an Other Transaction Agreement with NIWC Atlantic, the service will test the Unified Defense Stack’s performance in disconnected environments, marking a critical shift toward integrating modern software delivery at fleet scale.
Jersey Central Power & Light Initiates $350 Million Debt Exchange
Jersey Central Power & Light Company has launched an exchange offer for $350 million in senior notes due 2030, seeking to replace unregistered debt with securities registered under the Securities Act of 1933. The move fulfills existing contractual obligations established when the original notes were first issued.
CHARBONE Expands Helium Fleet as Global Supply Disruptions Bite
Geopolitical instability in Qatar and restricted shipping through the Strait of Hormuz have sent helium spot prices soaring, prompting Varennes-based CHARBONE to quintuple its dedicated delivery fleet. The move secures domestic supply lines for North American clients as the company moves to capture market share from traditional, constrained competitors.
Main Street Capital Reports Strong Second Quarter Growth
Main Street Capital Corporation expects an annualized return on equity exceeding 18% for the second quarter of 2026, driven by a sixteenth consecutive increase in net asset value. The firm projects its net asset value per share will reach between $33.88 and $33.96 by the end of June.
Axon Vision Unveils ForceField to Counter FPV Drone Threats
Tel Aviv-based Axon Vision has debuted ForceField, an AI-driven system designed to neutralize FPV drones that evade traditional electronic warfare. By combining passive detection with kinetic response, the compact unit allows maneuvering forces to engage aerial threats without revealing their position through signal emissions.
Chelsio Debuts 400Gb Ethernet Platform to Challenge Proprietary AI Fabrics
Chelsio Communications has unveiled its seventh-generation AI Interconnect Platform, a suite of SmartNICs, storage controllers, and data processing units designed to push Ethernet into the high-performance arena. By delivering 400Gb RDMA capabilities, the company aims to provide a scalable, standards-based alternative to the proprietary interconnects currently dominating large-scale AI training clusters.
Cordex Expands Zemcelpro Access to Argentina, Hong Kong and Singapore
Cordex has tapped FarmaMondo to distribute Zemcelpro, a specialized cell therapy for blood cancers, across Argentina, Hong Kong and Singapore. This agreement aims to navigate complex regulatory landscapes and provide early patient access to the personalized stem cell product, which recently secured conditional approval in the European Union.