Releases
Found 19346 articles
Cloud Capital Secures $520 Million in Triple-A Data Center Financing
Cloud Capital has finalized a $520 million asset-backed securities issuance, marking the first time a data center program has earned Triple-A ratings from three independent agencies. The transaction establishes a new master trust structure designed to provide scalable financing for the firm's core data center joint venture strategy.
HD Hyundai Partners with Fraser Industries to Overhaul U.S. Shipyards
A strategic memorandum of understanding signed in Washington, D.C., pairs South Korean industrial giant HD Korea Shipbuilding & Offshore Engineering with Fraser Industries. The collaboration aims to modernize aging American shipyard infrastructure, utilizing AI-driven digital platforms and automated manufacturing systems to revitalize the domestic shipbuilding sector.
Photronics Investors Face September Deadline for Class Action Suit
Investors who held Photronics, Inc. securities between December 10, 2025, and May 27, 2026, have until September 4 to seek lead plaintiff status in a pending class action lawsuit. The litigation, filed in the U.S. District Court for the District of Connecticut, centers on allegations of misleading revenue and growth projections.
Robbins LLP Probes Pentair Over Misleading Sales Forecasts
A 22% plunge in Pentair plc shares has triggered a securities investigation by Robbins LLP. The firm is scrutinizing whether company leadership breached fiduciary duties by issuing optimistic guidance just months before revealing a massive inventory-driven revenue shortfall that wiped out significant shareholder value.
Ember LifeSciences and Alfresa Partner to Modernize Japan's Cold Chain
Alfresa Corporation, Japan's largest pharmaceutical wholesaler, has secured exclusive local distribution rights for Ember LifeSciences' cold chain technology. The strategic alliance, bolstered by a Series A investment from Alfresa, aims to integrate Ember’s precision temperature-controlled shipping containers into Japan’s medical supply network, specifically targeting home-care delivery services.
FAR.AI Expands Safety Research with New Singapore Hub
Nonprofit research organization FAR.AI has opened its first international office in Singapore, signaling a strategic move to anchor its safety initiatives within the Asia-Pacific region. The expansion aims to formalize existing technical collaborations with local government agencies and academic institutions focused on the risks of frontier AI systems.
Capricor Therapeutics Faces Shareholder Lawsuit After FDA Review
Shares of Capricor Therapeutics plummeted 64.5% on July 27 after the FDA released critical briefing documents regarding the company’s heart therapy, deramiocel. The agency questioned the scientific justification of the firm’s data analysis, prompting the law firm Glancy Prongay Wolke & Rotter LLP to launch a securities fraud investigation.
First Horizon Reports Strong Capital Resilience in 2026 Stress Tests
Memphis-based First Horizon Corporation cleared its 2026 company-run capital stress tests with flying colors, demonstrating that its balance sheet remains robust even under the Federal Reserve's most severe economic downturn scenarios. The results confirm the bank's ability to maintain capital ratios significantly higher than minimum regulatory requirements.
Motiva S.A. Reports 30% EBITDA Surge in Second Quarter
Motiva S.A. posted strong growth in the second quarter of 2026, driven by a 30.1% increase in adjusted EBITDA to R$ 2.37 billion. The surge reflects the company’s expanded infrastructure portfolio and successful contract renegotiations across its toll road and rail divisions, signaling robust operational momentum for the first half of the year.
Resolution Copper Launches $54 Million Trust for Tribal Nations
Resolution Copper has launched a $54 million perpetual endowment designed to provide annual funding for eleven Tribal Nations across Arizona and New Mexico. This trust, emerging from years of government-to-government consultation, empowers individual nations to direct capital toward cultural preservation, education, and workforce development programs according to their own internal priorities.
Lockheed Martin Secures $58.6 Billion Deal to Triple Missile Output
The U.S. Department of War has awarded Lockheed Martin a $58.62 billion contract to ramp up production of PAC-3 Missile Segment Enhancement interceptors. This seven-year agreement, which follows a $4.7 billion initial award from April, aims to triple manufacturing capacity by 2030 to meet intensifying global defense demand.
Reformation Sets IPO Price at $15 Per Share
Los Angeles-based womenswear brand Reformation has priced its initial public offering at $15 per share, aiming to raise capital through the sale of 14,062,500 shares. The move marks a significant expansion for the sustainable fashion retailer as it prepares to debut on the New York Stock Exchange under the ticker symbol REF.
Shontay Lundy Named to Sigma Gamma Rho's 2026 TrailblazerΣ Class
Shontay Lundy, the founder of Black Girl Sunscreen, has been inducted into the Sigma Gamma Rho Sorority’s 2026 TrailblazerΣ honorary class. This recognition highlights her role in transforming the skincare industry by addressing the long-standing need for sun protection specifically formulated for people of color.
Graphic Packaging Sets Quarterly Dividend for October
Graphic Packaging Holding Company will distribute a quarterly dividend of $0.11 per share to its common stockholders. The payout, authorized by the board of directors, targets investors of record as of September 15, 2026, marking a continued commitment to shareholder returns for the Atlanta-based packaging manufacturer.
Capricor Faces Investor Scrutiny Following FDA Efficacy Dispute
Capricor shares plummeted between 60% and 70% on July 27, 2026, after FDA briefing documents directly challenged the company’s claims regarding the cardiac efficacy of its drug, Deramiocel. The sudden market contraction has prompted the law firm Levi & Korsinsky to launch an investigation into potential securities law violations.
Mockett Launches Exclamation Mark-Inspired HK40 Hook
Inspired by the sharp geometry of a punctuation mark, the new HK40 Exclamation Hook from Doug Mockett & Company is now in production. The accessory translates a winning concept from the firm’s long-running international design competition into a functional, sculptural element intended for diverse architectural environments.
MGM China Hits Record Revenue Amid Macau Market Expansion
With net revenue climbing to a record HK$17.4 billion for the first half of 2026, MGM China Holdings is capitalizing on Macau’s sustained tourism recovery. The company maintained a 15.9% market share, balancing a dip in VIP win rates against a consistent increase in daily property visitation and gaming revenue.
Accuray Secures $55 Million Capital Injection from TCW to Reshape Strategy
Radiation therapy specialist Accuray Incorporated is initiating a major financial and operational overhaul, securing a $55 million capital infusion from its largest shareholder, TCW Asset Management. The move aims to stabilize the company’s balance sheet while pivoting toward high-growth technology partnerships and a second phase of strategic corporate transformation.
San Diego Law Firm Targets MC Contracting in PAGA Labor Suit
Employees at MC Contracting were allegedly denied mandatory meal and rest breaks, prompting a lawsuit filed by Blumenthal Nordrehaug Bhowmik De Blouw LLP in San Diego County Superior Court. The action seeks civil penalties under California’s Private Attorneys General Act for a laundry list of state labor code violations.
Advocate Capital Rebrands to Emphasize Tech-Driven Legal Financing
Nashville-based Advocate Capital has unveiled a comprehensive brand overhaul, replacing its decades-old visual identity with a streamlined digital presence. The firm, which has specialized in financial solutions for contingent-fee law firms since 1999, is shifting its market positioning to highlight its proprietary technology and client-focused resources.
MAC.BID Expands to St. Louis with New St. Peters Warehouse
St. Peters is set to host the 30th location for MAC.BID, a retail liquidation firm specializing in online auctions for overstock and returned goods. Launching later this fall at 16060 Spencer Road, the facility expects to generate more than 70 local jobs while bringing deep discounts to the St. Louis metro area.
General Dynamics Secures $76.6 Billion Navy Submarine Contract
The U.S. Navy has finalized a massive $76.6 billion procurement package, tasking General Dynamics Electric Boat with the construction of 14 new nuclear-powered vessels. This deal, split between five Columbia-class and nine Virginia-class submarines, marks a significant expansion of the nation’s undersea fleet and industrial manufacturing capacity.
Greenberg Traurig Adds Construction Litigator Bill Shaughnessy in Atlanta
William J. Shaughnessy has joined Greenberg Traurig as a shareholder in Atlanta, bolstering the firm’s construction law practice. Moving from Jones Walker, Shaughnessy brings extensive experience in high-stakes litigation and contract negotiation for multibillion-dollar infrastructure, energy, and digital project developments across the U.S. and abroad.
Capital One Faces California Class Action Over Labor Code Violations
A new class action lawsuit filed in Los Angeles County Superior Court accuses Capital One, National Association, of systematic labor violations. The complaint centers on allegations that the financial institution denied employees required meal and rest breaks while failing to provide accurate, itemized wage statements as mandated by state law.
Willamette Valley Vineyards Claims Double Win in USA Today Awards
For the third year running, Willamette Valley Vineyards has secured the top spot for Best Wine Tasting Room in the USA TODAY 10Best Readers' Choice Awards. This year, the Oregon-based winery achieved a historic double, as voters also crowned its subscription-based wine club the best in the nation.
Sunwest Bank Expands Rocky Mountain Footprint with Colorado Acquisition
Sunwest Bank has finalized the purchase of former MidWestOne and Bank of Denver branches from Nicolet National Bank, marking a strategic push into the Rocky Mountain region. The move integrates these Colorado locations into the Sandy, Utah-based lender’s existing network as part of a broader plan to scale its commercial banking services.
Five9 to Replace Two Harbors in S&P SmallCap 600
Five9 will join the S&P SmallCap 600 index before the opening bell on August 3, 2026. The cloud software provider takes the place of Two Harbors Investment Corp., which is exiting the index following its acquisition by CrossCountry Mortgage, LLC.
Caracal Expands Healthcare PPE Portfolio with PRIMED Partnership
Detroit-based Caracal Products & Services is rolling out a new suite of protective gowns and medical masks, aiming to bolster supply chains for frontline healthcare workers. By teaming up with PRIMED Medical Products, the company is diversifying its clinical gear to cover protection levels ranging from standard isolation to high-risk trauma care.
Ramaco Resources Releases Preliminary Hatch Report on Brook Mine
Ramaco Resources has unveiled an initial assessment from Hatch Associates Consultants regarding the Brook Mine in Sheridan, Wyoming. The study outlines a carbochlorination process for extracting rare earth and critical minerals, marking a strategic attempt by the company to establish a domestic supply chain for industrial technology.
R. Stanton Dodge Appointed Chair of National Jewish Health Board
After sixteen years of service on the board, R. Stanton Dodge has been named the new chair of the National Jewish Health Board of Directors in Denver. He succeeds Evan Zucker, who concludes his two-year tenure as chair but will remain an active member of the board and executive committee.