Financial News Archive

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XPEL,
XPEL subsidiary secures $44.8M term loan from PNC Bank for real estate purchase

Harvest Ventures Holding Company, a XPEL subsidiary, entered into a loan agreement with PNC Bank for $44.8 million to purchase property on North PanAm...

LOWES
Lowe's Q1 2026 diluted EPS $2.90; affirms full-year guidance

Lowe's reported Q1 2026 diluted EPS of $2.90 with comparable sales up 0.6%, driven by strong spring execution and online growth of 15.5%. The company ...

Stablecoin
SDEV Reports Q1 2026 Net Income of $552.4M Driven by Warrant Gains

Stablecoin Development Corporation reported Q1 2026 GAAP net income of $552.4 million, primarily from non-cash warrant-related gains of approximately ...

Wendy's
Wendy's appoints Robert D. Wright as President and CEO effective May 21, 2026

Wendy's Board of Directors appointed Robert D. Wright as President and Chief Executive Officer, effective May 21, 2026, with prior experience includin...

PROGRESSIVE
Progressive reports April 2026 net income of $1.087B, up 10% YoY

Progressive Corporation reported April 2026 results showing net income of $1.087 billion, a 10% increase from $986 million in April 2025, with net pre...

CONMED
CONMED updates bylaws effective May 19, 2026 with remote meeting provisions

CONMED Corporation amended and restated its bylaws to allow stockholder meetings via remote communication and establishes 25% ownership threshold for ...

Lake
Lake Shore Bancorp holds 2026 annual shareholders meeting with director elections and executive compensation vote.

Lake Shore Bancorp, Inc. is conducting its annual shareholders meeting scheduled for May 2026 to elect directors, vote on executive compensation, and ...

Chubb
Chubb Ltd prices senior and subordinated debt securities offering

Chubb Ltd and its subsidiary Chubb INA Holdings LLC entered into an underwriting agreement dated May 18, 2026 to issue senior and subordinated debt se...

DUKE
Duke Robotics reports Q1 2026 results; completes $9.2M offering and Nasdaq uplisting

Duke Robotics reported Q1 2026 financial results and announced expansion of its Israel Electric Corporation contract expected to generate over $1M in ...

AMASS
AMASS Brands designates 35,000 shares of Series C Convertible Preferred Stock

AMASS Brands Inc's board approved a Certificate of Designation for Series C Convertible Preferred Stock on March 17, 2026, establishing 35,000 shares ...

Telomir
Telomir-Zn shows dose-dependent survival improvement in Wilson's disease model

Telomir Pharmaceuticals announced peer-reviewed publication of preclinical data demonstrating that Telomir-Zn produced dose-dependent survival improve...

TARGET
Target Q1 2026 EPS $1.71, raises FY2026 sales guidance to ~4% growth

Target reported Q1 2026 EPS of $1.71, beating expectations with 6.7% net sales growth and 4.4% comparable traffic growth across all merchandise catego...

CALERES
Caleres appoints Dan Karpel as CFO; Q1 EPS guidance above prior range

Caleres announced Dan Karpel's permanent appointment as CFO after serving as interim CFO since January 2026, bringing 30 years of finance experience. ...

AKAMAI
Akamai prices $3B convertible notes offering, upsized from $2.6B

Akamai Technologies priced $1.5B of 0% convertible senior notes due 2030 and $1.5B due 2032, with a $500M greenshoe option. The offering was upsized f...

CHOICEONE
ChoiceOne Financial Services Inc. schedules 39th Annual Shareholder Meeting

ChoiceOne Financial Services Inc. is holding its 39th Annual Shareholder Meeting with agenda items including director elections, executive compensatio...

Soluna
Soluna acquires remaining 49% stake in Soluna DV ComputeCo for $8.77M

Soluna Digital Inc. is purchasing 11 million membership interests from Navitas West Texas Investments SPV, LLC for $8.77 million, gaining 100% ownersh...

Appalachian
Appalachian Power issues $1.375B Series 2026-A senior secured SAC bonds

Appalachian Power Recovery Funding LLC issued $1.375 billion in senior secured bonds backed by securitized asset cost property approved by Virginia re...

Roivant
Roivant reports Q4 FY2026 results with $4.3B cash, multiple clinical updates

Roivant reported strong cash position of $4.3 billion and progress across pipeline including IMVT-1402 showing positive rheumatoid arthritis data, bre...

Immunovant,
Immunovant reports IMVT-1402 shows 72.7% ACR20 response in rheumatoid arthritis trial

Immunovant announced positive Week 16 results from its IMVT-1402 trial in difficult-to-treat rheumatoid arthritis, with response rates of 72.7% ACR20,...

Sachem
Sachem Capital to merge with Industrial Realty Group in transformational deal

Sachem Capital agreed to combine with Industrial Realty Group, creating IRGT with $3.4B enterprise value and 98 industrial properties. The transaction...