Financial News Archive

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Massimo
Massimo Group enters into $4M loan facility agreement.

Massimo Group executed a $4 million loan agreement with David Shan, effective June 23, 2026. The facility carries a 4% interest rate and matures in Ju...

NextBoat
NextBoat integrates assets and cuts costs first 60 days post-acquisition

NextBoat reports early sales success and operational efficiencies following the integration of Apex Marine. The company has identified $90,000 in mont...

ADC
ADC Therapeutics cuts workforce for $10M annualized savings.

The company is cutting its workforce globally by 17% to generate $10 million in annual savings. This reorganization enhances financial flexibility as ...

Esquire
Esquire and Signature set final merger exchange ratio at 2.671

Esquire and Signature finalized the merger exchange ratio at 2.671 shares of Esquire stock per Signature share following a 62% recovery on asset sales...

AMC
AMC Robotics Secures Vietnam Facility for NovaArm Launch

AMC Robotics Corp signed a lease for a 6,150-square-meter facility in Bac Ninh, Vietnam to support Phase 1 NovaArm production. This investment of appr...

COMMERCIAL
CMC Announces Quarterly Dividend of $0.20 Per Share

Commercial Metals declared a regular quarterly cash dividend of $0.20 per share for the 247th consecutive time, payable on July 15, reflecting the com...

PAYCHEX
Paychex Reports Strong Fiscal 2026 Results with $2.2 Billion in Shareholder Returns

Paychex delivered double-digit revenue and earnings growth for fiscal 2026, outpacing fiscal 2025 results. The HR giant returned $2.2 billion to share...

Jet.AI
Jet.AI Adjourns Vote for flyExclusive Transaction

Jet.AI Inc. adjourned its special meeting for the flyExclusive transaction after falling short of the required shareholder approval by approximately 2...

Serve
Serve Robotics Inc. signs indemnification agreement with executive Andreas Lieber.

Serve Robotics Inc. entered an indemnification agreement with executive Andreas Lieber. The deal is designed to mitigate legal risks and retain the in...

PodcastOne,
PodcastOne Reports Record FY 2026 Revenue, Raises Fiscal 2027 Guidance

PodcastOne reported record fiscal 2026 revenue of $61.7 million and adjusted EBITDA of $6.3 million. The company raised its fiscal 2027 outlook and st...

LiveOne,
LiveOne raises fiscal 2027 revenue outlook to between $85 million and $95 million.

LiveOne reported fiscal 2026 revenue of $77.1 million and lifted its fiscal 2027 target to $85M-$95M, driven by robust gains in its audio division. Th...

Oportun
Oportun Financial Cuts Deal With Major Shareholder; Director Nominations Withdrawn

Oportun Financial Corp announced a cooperation agreement with Bradley L. Radoff and the Radoff Family Foundation, resulting in the withdrawal of Radof...

Bionano
Bionano Genomics appoints Dr. Alex Hastie as Chief Scientific Officer

Bionano Genomics announced the hiring of Alex Hastie, Ph.D., as Chief Scientific Officer, effective July 20, 2026. His return signals a strategic focu...

Emerald
Paul Miller appointed CEO of combined Emerald and Questex business

Paul Miller, current CEO of Questex, will lead the newly combined platform following the Apollo Funds-led acquisition, while Emerald CEO Hervé Sedky t...

ExlService
ExlService to acquire iMerit for up to $310 million

ExlService will acquire iMerit to advance its AI leadership and expand enterprise capabilities. This strategic acquisition strengthens its position in...

NOVAGOLD
Novagold Files Q2 2026 Report, Advances Donlin Gold Engineering

Novagold Resources Inc. filed its second quarter 2026 report with robust treasury holdings and financial results. The company continues to advance Don...

Picard
Picard Medical names Richard Fang interim CEO after Schnegelsberg resignation

Picard Medical appointed Chairman Richard Fang as interim CEO following the resignation of Patrick Schnegelsberg. The medical device developer is seek...

DAKTRONICS
Daktronics FY 2026 sales hit record $838.7 million.

Daktronics reported record net sales of $838.7 million and record adjusted EPS of $1.05 for fiscal year 2026. With operating margins expanding to 7.3%...

OCEANEERING
Oceaneering to Offer $500M of Senior Notes Due 2034

Oceaneering intends to offer $500M of senior notes to fund a tender offer for its 2028 debt and for general corporate purposes. This transaction exten...

COGNITION
FDA agrees to key aspects of pivotal trial design for zervimesine

Cognition Therapeutics received FDA feedback agreeing that DLB psychosis is an approvable outcome and aligning on its Phase 3 trial design. This regul...