Financial News Archive

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Direct
Ohad Harlev Appointed to Direct Digital Holdings Board of Directors

Direct Digital Holdings appointed Ohad Harlev, an experienced executive with background in telecommunications, space technology, and fintech, to its B...

Knight-Swift
Kevin Knight retires as Executive Chairman; David Vander Ploeg named Chairman

Kevin P. Knight, founder and former CEO of Knight Transportation, is retiring from Knight-Swift Transportation Holdings Inc. after a distinguished car...

GameSquare
GameSquare expects Q2 2026 revenue of $18.5M+, up 137% YoY

GameSquare Holdings issued a shareholder letter projecting second quarter 2026 revenue of at least $18.5 million, representing over 137% year-over-yea...

Seneca
Seneca Bancorp CFO Vincent Fazio to retire effective June 30, 2026

Executive Vice President and Chief Financial Officer Vincent J. Fazio will retire from Seneca Savings Bank, with a one-year consulting agreement at $1...

WESBANCO
WesBanco Chief Risk Officer Michael Perkins to retire, transition to consulting role

Michael L. Perkins, Senior Executive Vice President and Chief Risk Officer at WesBanco Inc., will retire effective June 30, 2026, and serve as a consu...

Avalon
Avalon GloboCare issues $250,000 promissory note with 18.75% interest rate

Avalon GloboCare Corp. issued a promissory note with a $250,000 principal amount and $200,000 purchase price, carrying an 18.75% one-time interest cha...

KAISER
Kaiser Aluminum amends 2021 equity compensation plan effective June 4, 2026

Kaiser Aluminum Corporation updated its 2021 Equity and Incentive Compensation Plan, which governs stock options, restricted stock, and cash awards fo...

Sarepta
Sarepta establishes 2026 Equity Incentive Plan with 6.74M share pool

Sarepta Therapeutics adopted a new equity incentive plan authorizing 6.74 million shares for stock and stock-based awards to employees and participant...

COOPER
Cooper Companies Q2 2026 revenue hits $1.082B, non-GAAP EPS up 26% YoY

Cooper Companies reported record second quarter revenue of $1.082 billion with non-GAAP diluted EPS of $1.21, up 26% from the prior year, driven by so...

Bally's
Bally's Chicago names Cheryl Ash as SVP Finance and CFO

Bally's Management Group has executed an employment agreement with Cheryl Ash as Senior Vice President of Finance, North America and Chief Financial O...

PRUDENTIAL
Prudential Financial issues $750M subordinated notes due 2056 at 6.25%

Prudential Financial priced $750 million of fixed-to-fixed reset rate junior subordinated notes maturing in 2056 with a 6.250% coupon. The offering wa...

WATSCO
Watsco registers 517,884 common shares for resale by selling shareholders

Watsco filed a Form S-3 registration statement to register approximately 518,000 shares of common stock for resale by shareholders who received them i...

OFFICE
OPI Q1 2026 occupancy declines to 81.3% from 85.4% year-over-year

Office Properties Income Trust reported decreased occupancy and same-property NOI margins in Q1 2026 compared to the prior year period. The decline re...

QXO,
QXO-TopBuild merger election deadline set for June 29, 2026

TopBuild stockholders must elect by June 29, 2026 to receive either $505 cash or 20.200 QXO shares per share held. The merger combines QXO, a leading ...

PPL
Pennsylvania PUC approves $275M rate increase for PPL Electric Utilities

PPL Electric Utilities received Pennsylvania Public Utility Commission approval for a $275 million annual base distribution revenue increase through a...

RESIDEO
Resideo amends credit agreement ahead of planned business separation

Resideo Technologies executed a second amendment and restatement of its credit agreement effective June 4, 2026, refinancing revolving commitments ahe...

Sachem
Sachem Capital declares $0.01 common and $0.484375 preferred dividends

Sachem Capital Corp announced quarterly dividends for both common and preferred shareholders payable June 30, 2026. As a mortgage REIT, consistent div...

Quanex
Quanex Q2 2026 net sales grew 2% YoY to $462.4M amid margin pressure

Quanex reported Q2 2026 net sales of $462.4M, up 2% year-over-year, but gross margin declined to 25.5% from 29.0% due to unfavorable price-versus-cost...

WEALTHFRONT
Wealthfront reports Q1 FY2027 revenue of $90.5M, up 7% YoY; TPA reaches $96.6B

Wealthfront Corporation reported fiscal first quarter 2027 revenue growth of 7% year-over-year to $90.5 million with Total Platform Assets reaching a ...

CHEETAH
Cheetah Net CFO Cindy Tang resigns; company pays $50k severance

Chief Financial Officer Cindy Tang resigned effective May 29, 2026 due to personal reasons. The company provided a $50,000 cash incentive payment as p...