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2026-06-17 07:28 1mo ago
2026-06-16 09:28 1mo ago
Tripadvisor sale of TheFork seen as accretive to valuation not outlook, says Jefferies
TRIP TripAdvisor
FMP Stock News
Original source text
Tripadvisor Inc (NASDAQ:TRIP) has agreed to sell its European restaurant reservations platform TheFork to American Express for $700 million in cash, a move that Jefferies says simplifies the company’s structure but does not fully offset longer-term pressure in its core business.

The deal, which Jefferies noted had been widely anticipated following Tripadvisor’s earlier indication that it was exploring strategic alternatives for TheFork, is expected to close before the end of fiscal 2026. The net proceeds are expected to be broadly in line with the gross sale price. Tripadvisor said it may deploy the capital toward share repurchases, debt reduction, or acquisitions in its Experiences segment.

Jefferies raised its price target on Tripadvisor to $11 from $8.50, citing a higher-than-expected valuation for TheFork in the transaction. Shares traded hands at about $12.50 on Tuesday afternoon.

The broker estimates the sale price implies roughly 2.5x 2027 estimated revenue and about 19x 2027 EBITDA, representing a premium to typical small- and mid-cap internet sector valuations.

Under a sum-of-the-parts framework, Jefferies now assigns approximately $4 per share of value to TheFork, $4 to Viator, and about $3 to the Hotels business, which remains the company’s largest segment.

Despite the higher valuation, Jefferies maintained an ‘Underperform’ rating on the stock, pointing to what it describes as a weakening profit trajectory in Tripadvisor’s remaining operations. The firm expects ongoing declines in the Hotels business to weigh on consolidated growth, partially offset by continued expansion in Viator, the company’s experiences marketplace.

Jefferies forecasts a mid-single-digit decline in Tripadvisor’s pro forma EBITDA through 2028, citing a projected roughly 20% annual decline in Hotels EBITDA alongside approximately 25% annual growth in Experiences EBITDA.

It also flagged risk around the company’s fiscal 2026 outlook, which it says implies a significant second-half ramp in revenue and profitability.
2026-06-17 07:28 1mo ago
2026-06-16 11:45 1mo ago
Blockmate Ventures chair: Wyoming AI data centre site draws hyperscaler interest
TRIP TripAdvisor
FMP Stock News
Original source text
Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF, FRA:8MH) chairman Domenic Carosa tells Proactive's Stephen Gunnion that the company's 110-acre Wyoming site is ticking the key boxes for AI data centre development - half a mile from a substation and with dual fibre connectivity already confirmed.

Engineering and surveying work is underway to expand the site's footprint and optimise its configuration, while discussions with potential partners are advancing. Carosa is direct about the opportunity: "We're in discussions with partners who can help us build out and develop the site, as well as partners who can bring across some of the hyperscalers and some of the large, well-known groups."

Strong demand for power-connected sites was the dominant theme at a recent industry conference, where Blockmate met more than a dozen potential partners. An investor roadshow is now underway to build market visibility around the company's AI and digital infrastructure strategy.

For more videos like this, visit the Proactive YouTube channel, give this video a like, subscribe to the channel and enable notifications so you never miss future content.

#BlockmateVentures #DomenicCarosa #AIInfrastructure #DataCenters #ArtificialIntelligence #Wyoming #Hyperscalers #DigitalInfrastructure #TechInvesting #AIDataCenters #EnergyInfrastructure #SmallCapStocks #InfrastructureInvestment #ProactiveInvestors #DataCenterDevelopment
2026-06-17 07:28 1mo ago
2026-06-16 13:29 1mo ago
Tripadvisor sale of TheFork seen as accretive to valuation not outlook, says Jefferies
TRIP TripAdvisor
FMP Stock News
Original source text
Tripadvisor Inc (NASDAQ:TRIP) has agreed to sell its European restaurant reservations platform TheFork to American Express for $700 million in cash, a move that Jefferies says simplifies the company’s structure but does not fully offset longer-term pressure in its core business.

The deal, which Jefferies noted had been widely anticipated following Tripadvisor’s earlier indication that it was exploring strategic alternatives for TheFork, is expected to close before the end of fiscal 2026. The net proceeds are expected to be broadly in line with the gross sale price. Tripadvisor said it may deploy the capital toward share repurchases, debt reduction, or acquisitions in its Experiences segment.

Jefferies raised its price target on Tripadvisor to $11 from $8.50, citing a higher-than-expected valuation for TheFork in the transaction. Shares traded hands at about $12.50 on Tuesday afternoon.

The broker estimates the sale price implies roughly 2.5x 2027 estimated revenue and about 19x 2027 EBITDA, representing a premium to typical small- and mid-cap internet sector valuations.

Under a sum-of-the-parts framework, Jefferies now assigns approximately $4 per share of value to TheFork, $4 to Viator, and about $3 to the Hotels business, which remains the company’s largest segment.

Despite the higher valuation, Jefferies maintained an ‘Underperform’ rating on the stock, pointing to what it describes as a weakening profit trajectory in Tripadvisor’s remaining operations. The firm expects ongoing declines in the Hotels business to weigh on consolidated growth, partially offset by continued expansion in Viator, the company’s experiences marketplace.

Jefferies forecasts a mid-single-digit decline in Tripadvisor’s pro forma EBITDA through 2028, citing a projected roughly 20% annual decline in Hotels EBITDA alongside approximately 25% annual growth in Experiences EBITDA.

It also flagged risk around the company’s fiscal 2026 outlook, which it says implies a significant second-half ramp in revenue and profitability.
2026-06-17 07:28 1mo ago
2026-06-16 15:21 1mo ago
TheFork Joins AmEx's Growing Global Dining Network in $700M Deal
TRIP TripAdvisor
FMP Stock News
Original source text
Key Takeaways AXP plans to acquire TheFork from Tripadvisor in a deal valued at about $700 million.AmEx will expand its dining network to roughly 75,000 bookable venues after the deal closes.AXP adds a platform with 50,000 restaurants in 11 European countries and $232M in revenues. American Express Company (AXP - Free Report) , has announced plans to acquire TheFork, a leading European restaurant reservation and management platform, from Tripadvisor, Inc. (TRIP - Free Report) in a deal valued at approximately $700 million. The transaction is expected to be closed before the end of 2026, subject to regulatory approvals and customary closing conditions.

TheFork connects diners with more than 50,000 restaurants across 11 European countries through its booking, discovery, and restaurant management platform. Once the deal closes, AmEx's global dining network will expand to roughly 75,000 bookable venues, giving cardholders access to a broader range of restaurant experiences. TheFork has generated roughly $232 million in revenues over the past 12 months, highlighting the scale of the business being added to AmEx's growing dining network.

The deal builds on an initiative that has been developing for several years. AmEx acquired Resy in 2019 and restaurant software provider Tock in 2024, steadily expanding its presence in restaurant reservations and hospitality technology. Earlier this year, management announced plans to combine Resy and Tock into a larger network, and TheFork adds another important piece to that effort.

While the acquisition is unlikely to materially boost earnings in the near term, it strengthens AmEx's efforts to deepen customer engagement, drive card spending, and expand its dining ecosystem. The deal also broadens its presence in Europe, a market that has been an important contributor to international cardmember spending growth.

The transaction also benefits Tripadvisor by simplifying the business and freeing up capital to support the growth of Viator, TRIP's higher-growth experiences marketplace.

Competitor Moves Into DiningUnlike American Express, major rivals like Mastercard Incorporated (MA - Free Report) and Visa Inc. (V - Free Report) have largely expanded their dining offerings through partnerships rather than acquisitions.

Mastercard has strengthened its dining benefits through programs, such as the Mastercard Collection and Asia Gourmet Circle. These initiatives give MA's eligible cardholders restaurant reservations, exclusive dining experiences, and special perks across several international markets.

Visa has continued to expand its Visa Dining Collection through partnerships with platforms such as OpenTable. The program provides premium cardholders with reservations, curated dining events, and other dining-related benefits across multiple regions.

AXP’s Price Performance, Valuation & EstimatesShares of AXP have risen 14% over the past year against the industry’s decline of 15.5%.

Image Source: Zacks Investment Research

From a valuation standpoint, AXP trades at a forward price-to-earnings ratio of 17.88X, up from the industry average of 10.17X. AXP carries a Value Score of C.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for AXP’s 2026 earnings is pegged at $17.59 per share, implying a 14.37% jump from the year-ago period’s level.

Image Source: Zacks Investment Research

AXP currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-17 07:28 1mo ago
2026-06-16 12:54 1mo ago
HEI Civil Advances Safety Leadership with Dual CSP Certifications for Joosten and Hemric
HEI-A HEICO
FMP Stock News
Original source text
Denver, June 16, 2026 (GLOBE NEWSWIRE) -- HEI Civil is proud to announce that Anthony Joosten, vice president of safety, and Erika Hemric, Carolinas’ safety manager, have both earned the Certified Safety Professional® (CSP®) credential from the Board of Certified Safety Professionals® (BCSP®). The CSP is one of the most respected designations in the Safety, Health and Environmental (SH&E) field, recognizing practitioners who have demonstrated advanced knowledge, skill and experience in professional safety practice. 

Hemric, who leads safety operations for HEI Civil's Carolinas division, has distinguished herself through skilled leadership and a genuine commitment to fostering a culture where safety is a shared responsibility. Joosten, who oversees safety strategy across the organization as vice president, brings the same commitment to raising standards companywide. Together, their certifications signal a strong alignment between individual professional growth and HEI Civil's broader mission to attract and build the best people, teams and projects. 

The CSP credential is awarded to individuals who have met rigorous education and experience requirements and passed a comprehensive examination. Certificants must recertify every five years, ensuring they remain current with evolving best practices and continue strengthening the profession. 
"Safety, health, and environmental practice rely on the knowledge and skills of its practitioners," said Christy Uden, CAE, IOM, CEO of BCSP. "We are proud of those who join us in advancing safety through quality certification." 

Reflecting on his accomplishment, Joosten shared, "Three years ago, a mentor of mine challenged me to go back to college and obtain my bachelor’s degree and CSP. The hard work has paid off, and I am grateful to my family, friends, and colleagues who supported and encouraged me on this path." 

Hemric also expressed pride in her achievement, stating, "I am very proud to have earned my CSP. This certification is a symbol of the hard work and dedication I have put into continuing my growth, knowledge and experience in environment, safety and health beyond earning a degree," Hemric said. "I appreciate all the support HEI Civil has given me along this path and their commitment to making continuing education and growth a priority for their team members." 

Both achievements underscore HEI Civil's core values of growth, raising the bar, integrity and teamwork; values known internally as GRIT. By investing in the professional development of its safety leaders, HEI Civil reinforces its responsibility to protect people, jobsites and the communities it serves. 

About The Board of Certified Safety Professionals (BCSP) 
The Board of Certified Safety Professionals (BCSP), headquartered in Indianapolis, Indiana, is a not-for-profit corporation and recognized leader in high-quality accredited credentialing for Safety, health and environmental practitioners. BCSP establishes standards and certifies competency criteria in professional Safety practice. Since 1969, more than 100,000 BCSP credentials have been achieved. For detailed information, visit https://www.bcsp.org/. 

About HEI Civil 
Founded in 1973, HEI Civil is a leading heavy civil construction general contractor shaping infrastructure across Arizona, the Carolinas, Colorado and Texas. Driven by its mission to attract and build the best people, teams and projects, the company delivers exceptional results through its core values of GRIT: growth, raising the bar, integrity and teamwork. With a steadfast focus on safety, people, quality, client service, equipment and production, HEI Civil consistently executes the complex heavy civil projects crucial for developing thriving communities. For more information, visit https://www.heicivil.com.  

Anthony Joosten and Erika Hemric

Anthony Joosten and Erika Hemric Congratulations on passing the CSP
2026-06-17 07:27 1mo ago
2026-06-16 10:00 1mo ago
Shareholder Alert: Ademi LLP investigates whether Dana Incorporated is obtaining a Fair Price for Public Shareholders
DAN Dana
FMP Stock News
Original source text
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Ademi LLP is investigating Dana (NYSE: DAN) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Eaton.

Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.

Dana shareholders will own approximately 49.9% of the combined company at close with the combined companies valued at over $10 billion in enterprise value. Dana insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for Dana by imposing a significant penalty if Dana accepts a competing bid. We are investigating the conduct of the Dana board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi LLP

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2026-06-17 07:27 1mo ago
2026-06-16 06:34 1mo ago
GATX: Own The Railcars For A Long-Term Winning Investment
GATX GATX Corporation
FMP Stock News
Original source text
GATX Corporation is a durable, slow-growing railcar lessor benefiting from structural supply constraints and favorable leasing economics. The Wells Fargo Rail fleet acquisition doubled GATX's assets, with integration costs pressuring near-term margins but expected synergies and efficiency gains by 2026. GATX trades at a 22% discount to peers (17.4x forward P/E), with a fair value estimate of $213/share and a stable, diversified customer base.
2026-06-17 07:27 1mo ago
2026-06-16 06:28 1mo ago
Olin, Huntsman to Combine in Stock Swap
OLN Olin Corporation
FMP Stock News
Original source text
Olin and Huntsman have agreed to combine in all-stock deal that creates a North American chemicals company that generated combined revenue of about $12.5 billion last year.
2026-06-17 07:27 1mo ago
2026-06-16 14:11 1mo ago
Will PPL's Systematic Capital Investment Drive Long-Term Growth?
PPL PPL Corporation
FMP Stock News
Original source text
Key Takeaways PPL plans nearly $23B in investments through 2029 to strengthen infrastructure and reliability. PPL targets 10.3% annual rate base growth through 2029 from transmission and distribution upgrades.PPL expects capital spending to support 6-8% annual earnings growth through 2029. PPL Corporation (PPL - Free Report) benefits from its systematic capital investment plan, which focuses on modernizing electric infrastructure, reducing carbon emissions and enhancing grid reliability, allowing the company to provide high-quality services to customers. These investments strengthen operational efficiency, ensure service reliability, support rate base growth, improve cash flows and long-term shareholder value creation.

The company plans to invest $5.1 billion in 2026 and nearly $23 billion through 2029 to strengthen energy infrastructure, expand cleaner generation asset, enhance service reliability and affordability. The company’s investment plan allocates $8 billion for transmission upgrades and $7.2 billion for distribution improvements, enhancing grid reliability and resilience, and supporting average annual rate base growth of 10.3% through 2029.

PPL's growth is supported by economic development, an expanding customer base and rising electricity demand from data center expansion across its Pennsylvania and Kentucky service territories.

These investments are expected to support PPL’s targeted annual earnings growth of 6-8% through 2029 by expanding and modernizing its regulated utility infrastructure. These capital expenditures provide opportunities for the company to seek regulatory approval for new rate implementations. The new rate helps to recover costs and earn regulated returns, support revenue growth, strengthen cash flows and drive long-term earnings expansion.

Capital Investments Driving Utility GrowthUtility operations are capital intensive and require regular capital investment for infrastructure upgrades and maintenance to ensure operational efficiency and support growing demand. These investments enhance grid reliability and help avoid outages even during extreme weather conditions. Other utilities that stand to benefit from capital expenditure are as follows:

Exelon (EXC - Free Report) aims for capital expenditure of $41.7 billion in 2026-2029 and targets 7.9% rate base growth, including $16.3 billion for transmission and $21.8 billion for distribution infrastructure.

FirstEnergy Corp. (FE - Free Report) plans to invest $36 billion during 2026-2030, supporting a 10% compound annual rate base growth. This capital investment will fund grid modernization initiatives, including advanced technologies and infrastructure upgrades across transmission and distribution networks.

PPL’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 and 2027 EPS indicates a year-over-year increase of 7.73% and 8.21%, respectively.

Image Source: Zacks Investment Research

Debt to CapitalPPL's debt-to-capital ratio currently stands at 57.40%, lower than the electric power industry’s 59.94%.

Image Source: Zacks Investment Research

PPL’s Stock Price PerformanceIn the past month, the company’s shares have risen 3.7% compared with the industry’s 1.9% growth.

Image Source: Zacks Investment Research

PPL’s Zacks RankPPL currently has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-17 07:27 1mo ago
2026-06-16 17:00 1mo ago
FMC Corporation and Corteva Expand Access to Breakthrough Rimisoxafen Herbicide Technology
FMC FMC Corporation
FMP Stock News
Original source text
Strategic supply and license agreement will accelerate access for North and South American corn and soybean growers

, /PRNewswire/ -- FMC Corporation (NYSE: FMC) and Corteva, Inc. (NYSE: CTVA), two leading global agricultural science and innovation companies, today announced a co-exclusive strategic supply and license agreement that will expand access to FMC's rimisoxafen technology across North and South America corn and soybean markets, adding an important new tool to each company's respective herbicide portfolio. This collaboration will enable more growers across the Americas to control herbicide-resistant weeds, including Amaranthus species – the number one weed resistance challenge globally in soybeans and critical in cross-crop pressure in corn – with this groundbreaking dual mode of action herbicide technology.

"This agreement ensures that more growers across the Americas will have access to rimisoxafen, one of the most innovative herbicide technologies developed in decades," said Leonardo Bastos, FMC vice president and chief marketing officer. "By working with Corteva, we are expanding the reach of this breakthrough technology to help growers effectively manage resistant weeds that threaten their productivity and profitability. Together, we are bringing growers a solution they urgently need. At the same time, FMC is committed to unlocking the full global potential of rimisoxafen across additional crops and geographies, reflecting our confidence in this molecule as a cornerstone of our innovation pipeline."

Under the terms of the agreement, which extends through the next decade, FMC retains all rights of ownership to rimisoxafen and will supply Corteva with the active ingredient. Both companies will develop and commercialize their own exclusive premix formulations for the corn and soybean markets across North and South America, while FMC will continue to develop additional rimisoxafen-based products for other crops and geographies globally. Corteva will make an initial prepurchase payment of $200 million USD for product to be supplied by FMC. Together, both companies are committed to ensuring broad availability of this innovative technology and rapid adoption, supporting growers with durable weed management solutions for years to come.

"By collaborating with FMC on rimisoxafen, we are expanding our ability to provide growers with advanced weed control tools that complement our portfolio," said Cynthia Ericson, Corteva vice president, weed control segment. "This agreement supports our long-term strategy of forging new collaborations that drive value for farmers, as well as a unique growth opportunity with attractive economics for Corteva above our current deep crop protection pipeline set to launch over the next decade."

Rimisoxafen's dual mode of action creates a significantly higher barrier to resistance development compared to single mode of action herbicides, providing growers with an essential tool for managing weeds like palmer amaranth and waterhemp that have become resistant to multiple herbicide classes and cost farmers billions of dollars annually in lost yield. First commercial sales are anticipated by the end of the decade, pending applicable regulatory approvals. The Herbicide Resistance Action Committee recently classified rimisoxafen as the industry's first dual mode of action herbicide, recognizing its unique ability to control troublesome broadleaf weeds that threaten crop yields and farm profitability.

Additional terms of the agreement were not disclosed.

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn®.

About Corteva
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the Company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.

Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions.

Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995:  FMC, Corteva and their respective representatives may from time to time make written or oral statements that are "forward-looking" and provide other than historical information, including statements contained in this press release, in each company's other filings with the SEC, and in presentations, reports or letters to their stockholders.

In some cases, the companies identified these forward-looking statements by such words or phrases as "outlook", "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words or phrases. Such forward-looking statements are based on the companies' current views and assumptions regarding future events, future business conditions and the outlook for the companies based on currently available information. The forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These statements are qualified by reference to the risk factors included in Part I, Item 1A of each company's Annual Report on Form 10-K for the year ended December 31, 2025 (the "2025 Form 10-K"), the section captioned "Forward-Looking Information" in Part II of the 2025 Form 10-K and to similar risk factors and cautionary statements in all other reports and forms filed with the Securities and Exchange Commission ("SEC"). We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.  Forward-looking statements are qualified in their entirety by the above cautionary statement.

We specifically decline to undertake any obligation, and specifically disclaim any duty, to publicly update or revise any forward-looking statements that have been made to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as may be required by law.

SOURCE FMC Corporation
2026-06-17 07:27 1mo ago
2026-06-16 08:00 1mo ago
Vera Bradley Debuts at Nordstrom Stores Nationwide and Nordstrom.com
JWN Nordstrom
FMP Stock News
Original source text
Partnership signals brand’s evolution and reach to new generation of customers June 16, 2026 08:00 ET  | Source: Vera Bradley, Inc.

FORT WAYNE, Ind., June 16, 2026 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (NASDAQ: VRA), the iconic American bag and luggage lifestyle brand, is now available at Nordstrom, marking this the first-ever partnership with the leading fashion retailer. Customers may now shop a curated assortment of Vera Bradley handbags, travel styles, backpacks and accessories at all Nordstrom full-line locations across the country, as well as online at Nordstrom.com/brands/vera-bradley.

The assortment features a mix of new-release prints and relaunched customer favorites, including Melissa Ditsy Floral, across some of Vera Bradley's most beloved silhouettes. Customers can shop styles including the Original 100 Handbag, Hathaway Tote, Large Original Duffel, Large Bancroft Backpack, Lunch Bag, Cosmetic Bag, pouches, and charms to name a few.

"Nordstrom is one of the most respected names in retail, with a longstanding reputation for delivering exceptional customer experiences and introducing shoppers to sought-after brands," said Ian Bickley, Chief Executive Officer of Vera Bradley. "As we continue to evolve the Vera Bradley brand and expand our reach to new audiences, we see tremendous opportunity in partnering with retailers that align with our vision for growth. With strong momentum across the business and increasing engagement from Gen Z and millennial consumers, this launch represents an exciting step in introducing Vera Bradley to the Nordstrom customer and building long-term brand awareness."

The launch comes as Vera Bradley continues to build on recent product innovation, collaborations and category expansion efforts that have introduced the brand to a new generation of consumers. The curated Nordstrom assortment highlights styles designed for everyday life, travel, work and campus, reinforcing the brand's position as a lifestyle destination for customers seeking both function and personal expression.

The initial launch will run through the end of August, with both teams optimistic about expanding the partnership into future seasonal opportunities. For more information or to shop online, visit VeraBradley.com or Nordstrom.com, as well as follow along for updates on Instagram, TikTok and Facebook.

About Vera Bradley, Inc.
Vera Bradley, Inc. is a leading lifestyle company that offers a breadth of iconically casual, colorful, and thoughtfully designed pieces that support self-expression. With a devoted, emotionally connected, and multi-generational customer base, Vera Bradley is a brand that celebrates individuality through bold patterns, vibrant colors, and innovative designs.

Founded in 1982 by friends Barbara Bradley Baekgaard and Patricia R. Miller and based in Fort Wayne, Indiana, Vera Bradley is known for its distinctive handbags, luggage, travel accessories, fashion and home goods, and unique gifts. The brand’s deep-rooted commitment to community, connection, and charitable giving continues to inspire and resonate with customers around the world.

Media Contact
ICR
[email protected]
2026-06-17 07:27 1mo ago
2026-06-16 13:41 1mo ago
BRK.B vs. MKL: Which Financial Compounder Enjoys an Edge?
MKL Markel Corporation
FMP Stock News
Original source text
Key Takeaways Berkshire and Markel are expected to maintain strength amid steady rates and solid equity markets.Berkshire benefits from diversified operations, insurance float and over $370B in cash and Treasuries.Markel targets $10B in annual premiums and $1B in underwriting profit over the next five years. The Federal Reserve has kept interest rates steady at 3.50%–3.75%. Inflation, global tensions and a rise in oil prices have likely pushed a rate cut off the table in 2026. Meanwhile, equity markets continue to perform satisfactorily due to economic growth.

Against this backdrop, Berkshire Hathaway Inc. (BRK.B - Free Report) and Markel Group (MKL - Free Report) — two insurance-driven companies — are expected to maintain their strength.

With digital innovation accelerating across the industry, merger and acquisition (M&A) activity is likely to pick up, especially in technology-driven transactions that further strengthen companies’ expertise and market positions.

But for long-term investors, which stock offers the more compelling opportunity? Let’s take a closer look at both companies' fundamentals.

Factors to Consider for BRK.BBerkshire Hathaway is a highly diversified conglomerate with more than 90 subsidiaries spanning insurance, utilities, railroads, manufacturing, retail and consumer products. This diverse business portfolio helps mitigate concentration risk and supports stable performance across economic cycles, enhancing resilience during periods of market uncertainty.

Insurance remains the cornerstone of Berkshire’s operations, accounting for approximately one-fourth of total revenues. The segment benefits from disciplined underwriting, consistent premium growth and favorable pricing trends. A key strength of the business is its sizable insurance float — premiums collected before claims are paid — which serves as a low-cost source of capital for investments and acquisitions. This unique advantage has been instrumental in driving long-term earnings growth and capital allocation flexibility.

Berkshire also continues to refine its investment portfolio to improve income stability and broaden geographic exposure. The company has increased investments in Japanese trading houses, trimmed positions in certain payment companies and expanded its focus on airline-related investments. Its planned $6.8 billion acquisition of Taylor Morrison Home Corp. reflects a strategic commitment to the U.S. housing market and its favorable long-term fundamentals.

Financially, Berkshire remains exceptionally well positioned, supported by more than $370 billion in cash and U.S. Treasury holdings, conservative leverage and a strong balance sheet.

Berkshire’s return on equity of 6.6% lags the industry average of 7.4%, but the company has improved its returns over time. BRK.B shares have lost 1.6% year to date, outperforming the industry.

Factors to Consider for MKLMarkel Group, much like Berkshire Hathaway, operates as a diversified holding company built on three core pillars: Insurance, Investments and Markel Ventures. At the heart of its business is Markel Insurance, which serves as the foundation for the company’s broader growth strategy and financial strength.

The insurance segment has delivered strong results by focusing on complex, specialized, and underserved markets. Disciplined underwriting, favorable pricing and new business generation have supported its performance, while a combined ratio consistently below 100% reflects sustained underwriting profitability. Markel aims to double the size of its insurance operations over the next five years, targeting $10 billion in annual premiums and approximately $1 billion in underwriting profit. The company expects to achieve this primarily through organic expansion of its profitable businesses. It has exited operations that do not meet its profitability standards.

Markel’s investment portfolio manages capital generated by its insurance operations as well as funds held at the holding company level. The portfolio is diversified across equities and fixed-income securities, seeking attractive long-term risk-adjusted returns.

Markel Ventures further strengthens the business model through ownership stakes in high-quality companies spanning manufacturing, services, transportation and consumer products. These businesses generate steady cash flows that are largely independent of insurance market cycles, enhancing diversification and resilience while contributing meaningfully to revenues, earnings and book value growth.

Supported by a strong balance sheet and growing liquidity, Markel has the capacity to repurchase shares. However, management currently prioritizes reinvesting capital into organic growth opportunities within its insurance operations.

Markel’s return on equity of 7.9% lags the industry average of 16.2%. MKL shares have lost 13.7% year to date and underperformed the industry.

Estimates for BRK.B and MKLThe Zacks Consensus Estimate for BRK.B’s 2026 revenues implies a year-over-year increase of 3.8%, while that for EPS implies a year-over-year increase of 1%.  EPS estimates have moved 2.8% north in the past 30 days. 

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for MKL’s 2026 revenues implies a year-over-year increase of 6.1% and that for EPS implies a year-over-year increase of 17.4%.  However, EPS estimates have moved 0.2% south in the past 30 days. 

Image Source: Zacks Investment Research

Are BRK.B and MKL Shares Expensive?Berkshire is trading at a price-to-book value multiple of 1.47, below its median of 1.53 over the last three years. MKL’s price-to-book value multiple sits at 1.28, lower than its median of 1.37 over the past three years.

Image Source: Zacks Investment Research

ConclusionHolding Berkshire Hathaway stock offers investors exposure to a highly diversified portfolio built through Warren Buffett’s exceptional capital allocation and value-creation skills over nearly six decades. As Greg Abel leads the company, investors are closely watching Berkshire’s next chapter.

Meanwhile, Markel distinguishes itself through its focus on specialized insurance markets and disciplined risk management. Supported by strong underwriting and investment operations, the company is well-positioned for long-term growth. Markel continues to pursue both acquisitions and organic expansion to diversify its business mix and strengthen its global presence.

 Berkshire carries a Zacks Rank #2 (Buy), while Markel carries a Zacks Rank #3 (Hold). Given positive analyst sentiment and price performance, Berkshire has an edge over Markel.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-17 07:27 1mo ago
2026-06-16 22:44 1mo ago
SM companies join Fortune Southeast Asia 500 List for third straight year
SM SM Energy
FMP Stock News
Original source text
, /PRNewswire/ -- SM Investments Corporation (SM Investments), the parent company of the SM Group, together with its banking subsidiaries BDO Unibank, Inc. (BDO) and China Banking Corporation (China Bank), has been included in Fortune magazine's Southeast Asia 500 list for the third consecutive year.

SM Investments ranked second and BDO placed fifth among the 42 Philippine companies on the list, also securing the 28th and 52nd regional rankings, respectively. China Bank, meanwhile, ranked 161 on the regional list.

"We are honored to be part of this year's Fortune Southeast Asia 500 for the third time," said SM Investments President and Chief Executive Officer Frederic C. DyBuncio.

"This recognition reflects the dedication of our people, the trust of our customers, and the valuable contributions of our partners and tenants. It also underscores the important role that businesses play in advancing inclusive growth and strengthening Southeast Asia's economic development and trade landscape."

The Fortune Southeast Asia 500 is an annual ranking of the region's largest companies based on revenue from the previous fiscal year. The list also provides information on each company's revenues, profits, assets, and workforce.

SM Investments has been included in the ranking since its launch in 2024. Published by New York-based Fortune, one of the world's leading business media brands, the Southeast Asia 500 joins the publication's flagship rankings, including the Fortune Global 500, Fortune 500, and Fortune Europe 500.

The continued inclusion of SM Investments and its banking subsidiaries highlights the Group's scale, resilience, and contribution to economic growth in the Philippines and across Southeast Asia. Through its investments in retail, banking, and property, the SM Group remains committed to creating shared value for customers, communities, and stakeholders while supporting sustainable and inclusive development.

About SM Investments Corporation

SM Investments Corporation (SM) is an owner-operator of market-leading businesses in retail, banking, and property, with investments in high-growth opportunities in the Philippine economy. Through its portfolio, SM generates resilient cash flows and reinvests with discipline to compound value over the long term.

Its retail operations are the largest and most diversified in the country. Its property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines. Its banking interests include BDO Unibank, Inc., the country's largest bank, and China Banking Corporation, one of the country's largest private domestic banks.

For more information, please visit www.sminvestments.com

SOURCE SM Investments Corporation
2026-06-17 07:27 1mo ago
2026-06-16 23:00 1mo ago
SM companies join Fortune Southeast Asia 500 List for third straight year
SM SM Energy
FMP Stock News
Original source text
, /PRNewswire/ -- SM Investments Corporation (SM Investments), the parent company of the SM Group, together with its banking subsidiaries BDO Unibank, Inc. (BDO) and China Banking Corporation (China Bank), has been included in Fortune magazine's Southeast Asia 500 list for the third consecutive year.

SM Investments ranked second and BDO placed fifth among the 42 Philippine companies on the list, also securing the 28th and 52nd regional rankings, respectively. China Bank, meanwhile, ranked 161 on the regional list.

"We are honored to be part of this year's Fortune Southeast Asia 500 for the third time," said SM Investments President and Chief Executive Officer Frederic C. DyBuncio.

"This recognition reflects the dedication of our people, the trust of our customers, and the valuable contributions of our partners and tenants. It also underscores the important role that businesses play in advancing inclusive growth and strengthening Southeast Asia's economic development and trade landscape."

The Fortune Southeast Asia 500 is an annual ranking of the region's largest companies based on revenue from the previous fiscal year. The list also provides information on each company's revenues, profits, assets, and workforce.

SM Investments has been included in the ranking since its launch in 2024. Published by New York-based Fortune, one of the world's leading business media brands, the Southeast Asia 500 joins the publication's flagship rankings, including the Fortune Global 500, Fortune 500, and Fortune Europe 500.

The continued inclusion of SM Investments and its banking subsidiaries highlights the Group's scale, resilience, and contribution to economic growth in the Philippines and across Southeast Asia. Through its investments in retail, banking, and property, the SM Group remains committed to creating shared value for customers, communities, and stakeholders while supporting sustainable and inclusive development.

About SM Investments Corporation

SM Investments Corporation (SM) is an owner-operator of market-leading businesses in retail, banking, and property, with investments in high-growth opportunities in the Philippine economy. Through its portfolio, SM generates resilient cash flows and reinvests with discipline to compound value over the long term.

Its retail operations are the largest and most diversified in the country. Its property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines. Its banking interests include BDO Unibank, Inc., the country's largest bank, and China Banking Corporation, one of the country's largest private domestic banks.

For more information, please visit www.sminvestments.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/sm-companies-join-fortune-southeast-asia-500-list-for-third-straight-year-302802563.html

SOURCE SM Investments Corporation
2026-06-17 07:26 1mo ago
2026-06-16 10:51 1mo ago
Asset Managers' May AUM Climbs: TROW, LAZ, BEN & IVZ in Focus
IVZ Invesco
FMP Stock News
Original source text
Key Takeaways TROW AUM rose to $1.89T on inflows while BEN AUM climbed to $1.78T with $4B inflows.IVZ posted $18.9B inflows; AUM up 4.9% on ETF demand and market gains.LAZ AUM rose to $284.8B on $11.6B market gains despite net outflows. Major U.S. asset managers reported stronger asset under management (AUM) growth in May 2026, reflecting a combination of market appreciation, product demand and improving long-term flow trends.

Among the major firms, T. Rowe Price Group (TROW - Free Report) , Lazard (LAZ - Free Report) , Franklin Resources (BEN - Free Report) and Invesco Ltd. (IVZ - Free Report) stood out.

May AUM Highlights: IVZ, TROW, LAZ & BEN Invesco delivered one of the strongest updates, reporting a preliminary AUM of $2.45 trillion as of May 31, 2026, up 4.9% from the prior month. Net long-term inflows totaled $18.9 billion, while money market products added $0.4 billion. Favorable market returns boosted AUM by $96 billion, partly offset by a $1.1-billion foreign exchange headwind. Invesco’s ETF and index strategies remained a key growth engine, with AUM rising to $745.8 billion from $701.4 billion in April.

T. Rowe Price reported an AUM of $1.89 trillion as of May 31, 2026, up from $1.83 trillion at the end of April. The company also recorded net inflows of $3.3 billion during the month. Equity AUM increased to $919 billion from $882 billion, while multi-asset AUM rose to $691 billion from $665 billion. The continued strength in target-date retirement portfolios is important for T. Rowe Price, as retirement-related assets form a major part of its business and can provide relatively stable long-term fee revenues.

Lazard reported a preliminary AUM of $284.8 billion as of May 31, 2026, compared with $275.4 billion at the end of April. The increase was primarily driven by market appreciation of $11.6 billion, partially offset by net outflows of $1.4 billion and foreign exchange depreciation of $0.7 billion. While the sequential AUM improvement is encouraging, the outflow component bears watching. For Lazard, sustained improvement in flows would be a stronger signal than market appreciation alone, especially given the firm’s exposure to both asset management and advisory businesses.

Franklin Resources reported its preliminary AUM of $1.78 trillion as of May 31, 2026, which increased 1.9% from the prior month. Growth in the Franklin Resources’ AUM balance was driven by the positive impacts of markets and preliminary long-term net inflows of $4 billion, including $1 billion in long-term net inflows at Western Asset Management.

Market Gains & Private Credit Risks Shape Asset ManagersAUM growth in May was mainly driven by positive market performance and resilient investor flows. Global equity markets improved during the month, supported by better risk appetite, strength in technology and AI-linked stocks, and easing macro concerns. This market appreciation lifted the value of existing portfolios, while continued inflows into ETFs, fixed income and long-term investment products also supported asset growth. Fixed-income and active ETF demand remained notable as investors looked for yield, diversification and more flexible allocation options.

Private credit continues to be an important growth opportunity for asset managers, but recent concerns have increased around liquidity, valuations and credit quality. Since private credit assets are not traded in public markets, pricing can be less transparent and may not fully reflect stress until borrower conditions weaken. There are also concerns that rapid growth and competition could lead to weaker underwriting standards, higher leverage and lower covenant protection.

For asset managers like TROW, BEN, LAZ and IVZ, the key risk is balancing private credit growth with strong risk controls. If economic conditions weaken or refinancing pressure rises, defaults or restructuring activity could increase, especially among highly leveraged borrowers. As a result, asset managers will need to focus on disciplined underwriting, liquidity management and transparent valuations.
2026-06-17 07:26 1mo ago
2026-06-16 13:00 1mo ago
Morgan Stanley Real Estate Investing Acquires Metra Living from L&Q in Partnership with Ridgeback Group for £1.045 Billion
PRS Prudential Financial
FMP Stock News
Original source text
Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), alongside Ridgeback Group (Ridgeback), announced today the acquisition of the Private Rented Sector (PRS) business of London & Quadrant Housing Trust (L&Q), which trades as Metra Living, for a total enterprise value of £1.045 billion.

The transaction includes a portfolio of approximately 3,200 homes across Greater London, as well as its fully integrated operating platform, team and £300 million of external debt facilities.

Established in 2015, Metra Living has developed into a scaled, institutionally managed PRS platform focused on delivering high-quality rental housing. The portfolio is concentrated in supply-constrained London submarkets, supported by strong underlying rental demand and favourable long-term market fundamentals.

Commenting on the transaction, Shamik Narotam, Managing Director at Morgan Stanley Real Estate Investing, said: “We are pleased to acquire Metra Living, a high-quality, scaled platform in one of Europe’s most supply-constrained residential markets. This investment reflects our conviction in the long-term growth of the UK private rented sector, supported by structural demand for professionally managed rental housing. We look forward to building on the platform’s strong foundation and continuing to deliver high-quality homes and services to residents.”

George Bossom, Partner at Ridgeback, said: “We are delighted to complete this acquisition with MSREI. This investment further reinforces our conviction in the UK PRS sector, where strong structural demand and a continued shortage of high-quality rental housing support attractive long-term fundamentals.”

Fiona Fletcher-Smith, Group Chief Executive at L&Q said, “The sale of Metra Living is a key milestone in delivering our long-term strategy, and we’re extremely pleased to have reached this agreement with MSREI. We’re proud to have grown a successful PRS business since 2015, but we have a clear strategy to simplify our business and focus on our core purpose as a social housing provider. This sale further strengthens our financial resilience, supporting our long-term drive to invest in new and existing homes across Greater London and Greater Manchester.”

The acquisition is consistent with MSREI’s strategy of investing in high-quality residential platforms in leading urban markets, where strong demand dynamics and limited supply support long-term income growth.

L&Q will continue to provide freeholder services to PRS homes leased within its buildings.

MSREI and Ridgeback were advised by Savills, Clifford Chance and Gowling. L&Q were advised by BNP Paribas, BDO, Pinsent Mason, Knights and Winckworth Sherwood.

About Morgan Stanley Real Estate Investing
Morgan Stanley Real Estate Investing is the global private real estate investment management business of Morgan Stanley. One of the most active property investors in the world for over three decades, MSREI employs a patient, disciplined approach through global value-add / opportunistic and regional core / core-plus real estate investment strategies. With 17 offices throughout the U.S., Europe and Asia, regional teams of dedicated real estate professionals combine a unique global perspective with local presence and significant transaction execution expertise. MSREI currently manages $58 billion of gross real estate assets worldwide on behalf of its clients.

About Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.9 trillion in assets under management or supervision as of March 31, 2026. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im.

About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

About Ridgeback Group
Ridgeback is a UK focussed fully integrated real estate investor, developer and operator with over £2.6bn of assets under management.

About L&Q
L&Q is one of the UK’s leading housing associations and residential developers, housing around 250,000 people in more than 105,000 homes, primarily across Greater London and Greater Manchester. Social purpose is central to everything we do, and as a not-for-profit organisation, all the surplus we make is reinvested into helping house those in greatest need. For more information, please visit www.lqgroup.org.uk.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260616830317/en/
2026-06-17 07:26 1mo ago
2026-06-16 13:02 1mo ago
WSFS Financial (WSFS) is a Great Momentum Stock: Should You Buy?
WSFS WSFS Financial Corporation
FMP Stock News
Original source text
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at WSFS Financial (WSFS - Free Report) , a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. WSFS Financial currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if WSFS is a promising momentum pick, let's examine some Momentum Style elements to see if this bank holding company holds up.

A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For WSFS, shares are up 4.83% over the past week while the Zacks Financial - Savings and Loan industry is up 1.97% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 5.49% compares favorably with the industry's 3.16% performance as well.

Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of WSFS Financial have increased 15.73% over the past quarter, and have gained 44.53% in the last year. In comparison, the S&P 500 has only moved 14.27% and 27.78%, respectively.

Investors should also pay attention to WSFS's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. WSFS is currently averaging 375,151 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with WSFS.

Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost WSFS's consensus estimate, increasing from $5.90 to $6.32 in the past 60 days. Looking at the next fiscal year, 4 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that WSFS is a #2 (Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep WSFS Financial on your short list.
2026-06-17 07:26 1mo ago
2026-06-16 18:51 1mo ago
Why Recursion Pharmaceuticals (RXRX) Dipped More Than Broader Market Today
RXRX Recursion Pharmaceuticals
FMP Stock News
Original source text
Recursion Pharmaceuticals (RXRX - Free Report) closed the most recent trading day at $3.18, moving -3.34% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.57%. Elsewhere, the Dow gained 0.64%, while the tech-heavy Nasdaq lost 1.15%.

Coming into today, shares of the biotechnology company had gained 13.84% in the past month. In that same time, the Medical sector gained 4.28%, while the S&P 500 gained 2.14%.

The upcoming earnings release of Recursion Pharmaceuticals will be of great interest to investors. The company is expected to report EPS of -$0.25, up 39.02% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $11.99 million, down 37.64% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.99 per share and a revenue of $54.08 million, representing changes of +31.25% and -27.59%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for Recursion Pharmaceuticals. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Recursion Pharmaceuticals is currently sporting a Zacks Rank of #3 (Hold).

The Medical - Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 151, which puts it in the bottom 39% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
2026-06-17 07:26 1mo ago
2026-06-16 14:00 1mo ago
Matching Energy Bill Relief Available: Apply for PG&E's Match My Payment Program While Funds Last
MTCH Match Group
FMP Stock News
Original source text
Eligible Customers May Receive Up to $1,000 to Pay Past‑Due Bills

, /PRNewswire/ -- Pacific Gas and Electric Company's (PG&E) Match My Payment Program has provided nearly $30 million in matching payments to help more than 78,000 customers catch up on past-due energy bills since the program began one year ago. Limited funds are still available for a short time.

PG&E launched the Match My Payment Program last June, offering a dollar-for-dollar match of up to $1,000 for qualifying low-to moderate-income customers to pay past-due energy bills to stop service disconnections.  

In 2026, PG&E expanded its bill relief efforts by committing $50 million to support programs including Match My Payment and PG&E's Relief for Energy Assistance through Community Help (REACH). REACH provides income-eligible customers with a bill credit of up to $800 based on the past-due balance. The emergency assistance is available for customers with a disconnection notice.   

"PG&E Match My Payment provides meaningful support for many customers whose incomes don't typically qualify for other assistance, said Vincent Davis, PG&E Senior Vice President and Chief Customer Officer. "The strong response over the past year shows the difference a dollar‑for‑dollar match can make for families who are behind on their energy bills."

Since 2025, the three counties with the highest number of approved applications and funding include Fresno, Kern, and San Joaquin. In these three counties combined, PG&E has distributed more than $12.5 million in bill assistance. 

PG&E Match My Payment recipients can receive multiple matches throughout the year by paying at least $50 toward a past-due balance of $100 or more. Eligibility is based on federal income guidelines. For example, a family of four earning less than $132,000 annually may qualify. This is double the income limit of the PG&E REACH program. 

Funding is distributed on a first-come, first-served basis. Customers are encouraged to check their eligibility and apply while funds last. PG&E works with the nonprofit Dollar Energy Fund (DEF) to process applications.

Coordinated Support for REACH Recipients

Customers who receive up to $800 in a REACH grant may also qualify for up to $1,000 through Match My Payment, for combined support of up to $1,800, or while funds last. Eligibility for PG&E's REACH program follows federal income guidelines, which are lower than those for the PG&E Match My Payment Program. 

Other Income-eligible Assistance Programs  

Customers are also encouraged to check if they qualify for PG&E's other assistance programs including: 

California Alternate Rates for Energy Program (CARE): provides a monthly discount of 20% or more on gas and 35% or more on electricity (compared to non-CARE bundled customers). Family Electric Rate Assistance Program (FERA): eligibility guidelines provide a monthly discount of 18% on electricity, regardless of household size.  Low Income Energy Assistance Program (LIHEAP): a federally funded assistance program overseen by the state that offers a one-time payment up to $1,500 on past due bills to help low-income households pay for heating or cooling in their homes. Payments may vary by location and funding availability. Arrearage Management Plan (AMP): a debt forgiveness plan for eligible residential customers.   Customers may also qualify for Medical Baseline, which offers an additional allotment of energy at the lower baseline rate or a discount on rate plans without baselines, and priority shutoff notifications for those who depend on power for certain medical needs. Enrollment requires certification by a qualified medical practitioner. 

To learn more about PG&E's assistance programs, use the free Savings Finder tool or visit pge.com/billhelp.  

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than sixteen million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news    

SOURCE Pacific Gas and Electric Company
2026-06-17 07:26 1mo ago
2026-06-16 09:00 1mo ago
Cognex CEO to Join AI and Robotics Leaders at Automate 2026 Opening Keynote on the Future of Automation
CGNX Cognex
FMP Stock News
Original source text
, /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the global technology leader in industrial machine vision, announced that CEO Matt Moschner will participate in the opening keynote, "The State of the Automation Industry: Leadership Roundtable," at Automate 2026, North America's largest robotics and automation event.

Matt Moschner, President and CEO, Cognex The session will be held on Monday, June 22 at 9:00 a.m. CT in the Grand Ballroom at McCormick Place. Joined by leaders from FANUC America, Schneider Electric, and Intrinsic, Moschner will discuss the forces reshaping the industry, including advances in AI, robotics, and industrial connectivity, as well as the implications for workforce, supply chains, and global competitiveness.

"The industry is moving from automation that follows rules to systems that can adapt, learn, and make decisions," said Moschner. "AI is fundamentally changing what's possible—not just in how machines see, but in how they understand and act. The companies that succeed will be those that scale those capabilities across their operations. I'm looking forward to sharing perspectives with industry peers on where this transformation goes next."

Cognex at Automate 2026
At Automate 2026, Cognex will also showcase its latest innovations—including the In-Sight® 3900, In-Sight® 6900, and OneVision™— which combine edge AI and centralized development to help manufacturers move from isolated vision systems to enterprise-wide inspection and decision-making. Visit Cognex at Booth 3101.

About Cognex Corporation
For more than 40 years, Cognex has been making advanced machine vision easy, helping manufacturing and distribution companies become faster, smarter, and more efficient through automation. Its vision sensors and systems solve critical manufacturing and distribution challenges across industries ranging from automotive and consumer electronics to packaged goods. With a longstanding focus on artificial intelligence, Cognex makes machine vision more capable and easier to deploy — helping factories and warehouses improve quality and maximize efficiency without requiring highly specialized expertise. Cognex is headquartered near Boston, USA, has locations in more than 30 countries, and serves more than 30,000 customers worldwide. Learn more at https://www.cognex.com/. 

Media Contact:
Liz Bradley – Head of Communications
Cognex Corporation
[email protected]

Investor Relations Contact:
Greer Aviv – Head of Investor Relations
Cognex Corporation
[email protected]

SOURCE Cognex Corporation
2026-06-17 07:25 1mo ago
2026-06-16 20:13 1mo ago
Is QuidelOrtho Corp (QDEL) a Bargain After 3.3% Drop? GF Value Says Undervalued
QDEL Quidel Corporation
FMP Stock News
Original source text
On June 16, 2026, QuidelOrtho Corp QDEL shares fell 3.3%, bringing the current price to $14.13. The stock has experienced significant volatility, with a 52-week range between $9.92 and $35.58.

GF Value™ verdict: Current price of $14.13 is 62.1% below the GF Value™ estimate of $37.27.GF Score™ of 48/100 indicates an average performance compared to peers.Notable signal: No insider transactions in the last 3 months suggest a lack of insider confidence in the short term. Is QDEL Overvalued or Undervalued? The current price of QuidelOrtho Corp QDEL at $14.13 presents a significant discount when compared to the GF Value™ estimate of $37.27, indicating that the stock may be undervalued by approximately 62.1%. This considerable margin of safety can attract value-focused investors looking for potentially lucrative opportunities. However, caution is warranted as the GF Valuation label suggests that QDEL might represent a possible value trap, implying that the stock could be undervalued due to ongoing financial challenges rather than strong fundamentals. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

While the substantial price difference between the current market price and the GF Value™ could indicate an attractive investment opportunity, prospective buyers should also consider the underlying financial health of the company, as indicated by its low GF Score™ and other valuation metrics.

How Does QDEL's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 7.7x 6.8x Currently, QuidelOrtho's forward P/E ratio of 7.7x is higher than its 5-year median P/E of 6.8x, suggesting that the stock is trading above its historical valuation levels. This P/E analysis does not align with the GF Value™ verdict, which indicates a significant undervaluation, pointing out a potential disconnect between market perception and intrinsic value.

What Does QDEL's GF Score™ Tell Us? Metric Rating GF Score™ 48 Financial Strength 3/10 Profitability 5/10 Growth 2/10 Valuation 2/10 Momentum 2/10 The GF Score™ of 48/100 indicates an average rating, with notable weaknesses in the Growth (2/10), Valuation (2/10), and Momentum (2/10) categories. In contrast, Profitability holds a more favorable score of 5/10, suggesting that while the company may have some profitability, its overall growth prospects and valuation metrics are underwhelming. This combination of scores suggests that while the stock may offer some value based on its current pricing, underlying financial issues and lack of momentum raise red flags for long-term performance.

What Are Insiders Doing with QDEL Stock? Currently, there have been no insider transactions in the last three months for QuidelOrtho Corp QDEL . This lack of activity may reflect a cautious approach from insiders regarding the company's future performance, indicating that they may not see immediate catalysts for growth or improvement in the stock's value.

What This Means for Investors Based on the GF Value™ assessment and the current price performance, QuidelOrtho Corp QDEL appears to be undervalued at $14.13 compared to the GF Value™ estimate of $37.27. However, the company’s low GF Score™ and potential value trap status suggest that investors should proceed with caution and conduct thorough due diligence before making any decisions.

For the complete analysis, visit the QuidelOrtho Corp QDEL stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is QDEL's GF Score™?

The GF Score™ for QuidelOrtho Corp QDEL is 48/100, indicating an average performance compared to its peers based on various key metrics.

Is QDEL overvalued or undervalued?

QDEL is considered undervalued based on the GF Value™ estimate, which suggests a significant margin of safety compared to the current trading price.

What is QDEL's P/E ratio?

QDEL's forward P/E ratio is 7.7x, which is above its historical median P/E of 6.8x, indicating that the stock is currently trading at a higher valuation compared to its historical levels.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
2026-06-17 07:25 1mo ago
2026-06-16 17:35 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rumble Inc. - RUM
RUM Rumble
FMP Stock News
Original source text
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Rumble Inc. (“Rumble” or the “Company”) (NASDAQ: RUM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rumble and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 14, 2026, Rumble issued a press release reporting its financial results for the first quarter of 2026. Despite reporting record revenue, Rumble disclosed that higher marketing costs, acquisition-related expenses, and increased spending on research and development significantly eroded profits during the quarter, causing the Company to report a net loss of $30.2 million, compared to a loss of only $2.6 million in the prior-year period. 

On this news, Rumble’s stock price fell $0.97 per share, or 11.87%, to close at $7.20 per share on May 15, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-17 07:25 1mo ago
2026-06-16 19:17 1mo ago
Akamai Technologies (AKAM) Dips More Than Broader Market: What You Should Know
AKAM Akamai Technologies
FMP Stock News
Original source text
In the latest trading session, Akamai Technologies (AKAM - Free Report) closed at $132.31, marking a -1.41% move from the previous day. This change lagged the S&P 500's daily loss of 0.57%. On the other hand, the Dow registered a gain of 0.64%, and the technology-centric Nasdaq decreased by 1.15%.

Coming into today, shares of the cloud services provider had lost 10.99% in the past month. In that same time, the Computer and Technology sector gained 2.85%, while the S&P 500 gained 2.14%.

The investment community will be paying close attention to the earnings performance of Akamai Technologies in its upcoming release. The company's upcoming EPS is projected at $1.58, signifying a 8.67% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.09 billion, indicating a 4.75% increase compared to the same quarter of the previous year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.75 per share and a revenue of $4.49 billion, indicating changes of -5.2% and +6.8%, respectively, from the former year.

Investors might also notice recent changes to analyst estimates for Akamai Technologies. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.04% increase. Akamai Technologies currently has a Zacks Rank of #4 (Sell).

With respect to valuation, Akamai Technologies is currently being traded at a Forward P/E ratio of 19.88. This signifies a premium in comparison to the average Forward P/E of 16.81 for its industry.

Also, we should mention that AKAM has a PEG ratio of 2.44. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Services industry had an average PEG ratio of 1.69 as trading concluded yesterday.

The Internet - Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 153, placing it within the bottom 38% of over 250 industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
2026-06-17 07:25 1mo ago
2026-06-16 16:54 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Kemper Corporation - KMPR
KMPR Kemper Corporation
FMP Stock News
Original source text
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Kemper Corporation (“Kemper” or the “Company”) (NYSE: KMPR).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Kemper and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 6, 2026, Kemper disclosed that “[t]he increase in minimum liability limits effective January 1, 2025, has led to greater attorney involvement in claims and higher loss costs.”  Management further admitted: “This trend has developed over several quarters.”  Kemper also stated that although the relevant California rate filing was “6.9%: in aggregate, it was “about 50 points on bodily injury.” 

On this news, Kemper’s stock price fell $3.37 per share, or 10.28%, to close at $29.40 per share on May 7, 2026. 

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-17 07:24 1mo ago
2026-06-16 16:48 1mo ago
Orbit Makes PTC's Recent Pullback Interesting Despite Execution Risks
SLM SLM
FMP Stock News
Original source text
PTC Inc. still has a steady and recurring lifecycle software base with offerings across CAD, PLM, ALM, SLM, and general SaaS workflows. Their newer offerings, like Orbit and Jetstream, also move PTC towards a clearer AI integration path for its products and services. I do believe the sale of Kepware and ThingWorx changed its prospects a bit. In part, it streamlined PTC's business and helped finance stock buybacks.
2026-06-17 07:24 1mo ago
2026-06-16 10:30 1mo ago
International Bancshares: I'm Not Spooked By The Soured Loans
IBOC International Bancshares Corporation
FMP Stock News
Original source text
International Bancshares demonstrates resilient earnings, with Q1 EPS rising 5% to $1.64 and net interest income up 3%. IBOC's diversified funding includes nearly one-third of deposits from Mexican clients, providing unique regional exposure but introducing geopolitical risk. The loan book is conservatively managed, with over 30% of assets in cash or securities; moderate commercial real estate exposure is closely monitored.
2026-06-17 07:23 1mo ago
2026-06-16 11:20 1mo ago
Dycom Surges 39% in 6 Months: Should Investors Buy the Stock Now?
DY Dycom Industries
FMP Stock News
Original source text
Key Takeaways Dycom reported a record $11.9 billion backlog with a 2.2x book-to-bill ratio in fiscal 2027's first quarter.DY saw strong communications growth, Building Systems momentum and planned NTI acquisition expansion.Dycom expects BEAD-related revenues to begin in fiscal 2027 as digital infrastructure opportunities grow. Shares of Dycom Industries, Inc. (DY - Free Report) have gained 38.6% in the past six months, outperforming the Zacks Building Products - Heavy Construction industry, the Construction sector and the S&P 500 Index, as evidenced by the chart below.

DY Stock’s Past 6 Months’ Price Performance
Image Source: Zacks Investment Research

This North America-based specialty contracting firm is benefiting from favorable trends across the communications and digital infrastructure markets. Record backlog levels, expanding fiber deployments, growth in the Building Systems segment and rising data center activity are supporting business momentum. Strategic investments in workforce expansion and targeted acquisitions further strengthen the company's ability to capitalize on long-term infrastructure opportunities.

Let us take a closer look at the factors shaping Dycom stock’s prospects.

Record Backlog Strengthens Dycom’s Growth VisibilityDycom’s growing backlog continues to provide strong revenue visibility, supported by expanding demand across customers, geographies and infrastructure projects. In the first quarter of fiscal 2027, total backlog reached a record $11.9 billion, up 46.5% year over year and 25% sequentially, representing a book-to-bill ratio of 2.2x.

The broader mix of awards and longer contract durations strengthens the company’s ability to plan workforce investments and execute projects over multiple years. The expanding backlog also positions Dycom to capitalize on sustained infrastructure spending across the communications and digital infrastructure markets.

Fiber Infrastructure Demand Supports Dycom’s Long-Term GrowthGrowing demand for fiber infrastructure is creating significant opportunities across Dycom’s communications business. In the first quarter of fiscal 2027, communications revenues grew 24.7% organically, supported by fiber-to-the-home deployments, long-haul and middle-mile builds and growing maintenance activity.

The company continues to benefit from expanding geographic reach and increasing project volumes, while the long-term outlook remains supported by ongoing fiber deployments and growing digital infrastructure requirements across the United States.

Building Systems Expansion Broadens Dycom’s Growth DriversThe expansion of the Building Systems segment is creating an additional avenue for long-term growth beyond the company's traditional communications business. In the first quarter of fiscal 2027, the segment generated $395.4 million in revenues with an adjusted EBITDA margin of 17.7%, outperforming initial expectations.

The planned acquisition of National Technology Integrators further expands Dycom’s capabilities in data center infrastructure and inside-plant structured cabling, creating opportunities to broaden customer relationships and strengthen its position across the digital infrastructure value chain.

Data Center Strategy Expands Dycom’s Opportunity SetStrategic investments in data center infrastructure are broadening Dycom’s addressable market and strengthening its long-term growth prospects. The integration of Power Solutions and the planned addition of National Technology Integrators are expected to create a more comprehensive offering spanning electrical infrastructure, structured cabling and fiber connectivity.

The broader service portfolio creates cross-selling opportunities while expanding the company's ability to participate in large-scale digital infrastructure projects, supporting long-term revenue growth across multiple end markets.

BEAD Progress Creates Additional Growth OpportunitiesThe continued rollout of the BEAD program provides another potential source of long-term growth for Dycom. The company expects initial revenue contributions during fiscal 2027, while broader project activity is expected to accelerate over calendar 2027 as state and subgrantee programs move forward.

Although current guidance does not include contributions from BEAD-related work, ongoing progress across the program could provide incremental upside to backlog growth and future revenue opportunities.

Earnings Estimate Revision of DYDycom’s earnings estimates for fiscal 2027 and 2028 have moved upward in the past 30 days to $15.60 and $18.56 per share, respectively. The estimates for fiscal 2027 and 2028 imply year-over-year growth of 30.3% and 19%, respectively.

Image Source: Zacks Investment Research

Dycom’s Premium ValuationDY stock is currently trading at a premium compared with the industry, with a forward 12-month price-to-earnings (P/E) ratio of 28.22, as evidenced by the chart below.

Image Source: Zacks Investment Research

Dycom vs. Other Market PlayersDycom competes closely with EMCOR Group, Inc. (EME - Free Report) , MasTec, Inc. (MTZ - Free Report) and Sterling Infrastructure, Inc. (STRL - Free Report) in the infrastructure construction market.

EMCOR operates across electrical and mechanical construction, building services and industrial services markets, with strong exposure to mission-critical facilities and data center construction. The company benefits from broad geographic coverage, execution capabilities and a diversified project portfolio across multiple end markets. However, its business remains tied to the pace of large construction projects and customer capital spending across infrastructure sectors.

Meanwhile, MasTec maintains a diversified infrastructure platform spanning communications, power delivery, clean energy, industrial construction and pipeline markets. Its broad service offering positions the company to benefit from long-term investment trends such as AI-driven data centers, grid modernization and energy infrastructure expansion. At the same time, exposure to several infrastructure segments may create variability based on project timing and execution.

Sterling Infrastructure has strengthened its position in mission-critical site development, with growing exposure to data centers, semiconductor facilities and large manufacturing projects. Its integrated site development and electrical capabilities support large-scale projects and continued expansion into new geographies. However, a significant share of growth is tied to sustained demand in mission-critical infrastructure markets.

Dycom's specialization in communications infrastructure and fiber network deployment provides a focused advantage as broadband expansion, fiber connectivity and AI-driven data center interconnection projects continue to grow. Long-standing customer relationships and expertise in wireline network construction support its market position. However, the company's performance remains closely linked to telecommunications investment cycles and customer network spending decisions.

How to Play Dycom Stock?Dycom is well positioned to benefit from long-term investment in fiber connectivity and digital infrastructure, supported by a record backlog, expanding customer relationships and strategic investments that broaden its capabilities across the communications ecosystem. While the stock trades at a premium valuation relative to the industry, the company's strong growth prospects and upward earnings estimate revisions reflect confidence in its long-term outlook.

With a Zacks Rank #1 (Strong Buy) at present, Dycom remains an attractive choice for investors seeking exposure to communications infrastructure and the ongoing expansion of digital infrastructure markets. You can see the complete list of today’s Zacks #1 Rank stocks here.
2026-06-17 07:23 1mo ago
2026-06-16 10:40 1mo ago
Is MYR Group (MYRG) Outperforming Other Utilities Stocks This Year?
MYRG MYR Group
FMP Stock News
Original source text
Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Has MYR Group (MYRG - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question.

MYR Group is one of 110 companies in the Utilities group. The Utilities group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. MYR Group is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for MYRG's full-year earnings has moved 21.5% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that MYRG has returned about 105.9% since the start of the calendar year. Meanwhile, the Utilities sector has returned an average of 6.1% on a year-to-date basis. As we can see, MYR Group is performing better than its sector in the calendar year.

Another Utilities stock, which has outperformed the sector so far this year, is NextEra Energy (NEE - Free Report) . The stock has returned 7.3% year-to-date.

For NextEra Energy, the consensus EPS estimate for the current year has increased 0.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, MYR Group belongs to the Electric Construction industry, which includes 2 individual stocks and currently sits at #6 in the Zacks Industry Rank. Stocks in this group have lost about 64% so far this year, so MYRG is performing better this group in terms of year-to-date returns.

NextEra Energy, however, belongs to the Utility - Electric Power industry. Currently, this 60-stock industry is ranked #109. The industry has moved +6.6% so far this year.

Investors with an interest in Utilities stocks should continue to track MYR Group and NextEra Energy. These stocks will be looking to continue their solid performance.
2026-06-17 07:23 1mo ago
2026-06-16 11:00 1mo ago
IFF and ISIPCA Mark 10 Years of Joint Scent Design and Creation Master's-Level Program
IFF International Flavors & Fragrances
FMP Stock News
Original source text
VERSAILLES, France--(BUSINESS WIRE)--IFF — a global leader in flavors, fragrances, food ingredients and health & biosciences — celebrates the 10th anniversary of its industry-leading accredited master's-level program for scent design and creation, developed in partnership with ISIPCA, the world-renowned school for careers in perfume, cosmetics and food flavors. Since its launch in 2016, the IFF ISIPCA program has trained more than 180 professionals from 40 countries, with 130 graduates to d.
2026-06-17 07:23 1mo ago
2026-06-16 12:00 1mo ago
IFF and ISIPCA Mark 10 Years of Joint Scent Design and Creation Master's-Level Program
IFF International Flavors & Fragrances
FMP Stock News
Original source text
IFF — a global leader in flavors, fragrances, food ingredients and health & biosciences — celebrates the 10th anniversary of its industry-leading accredited master's-level program for scent design and creation, developed in partnership with ISIPCA, the world-renowned school for careers in perfume, cosmetics and food flavors. Since its launch in 2016, the IFF ISIPCA program has trained more than 180 professionals from 40 countries, with 130 graduates to date, and a 100% job landing rate up to six months after graduation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615461626/en/

The IFF ISIPCA Scent Design and Creation program has been pioneering fragrance education and excellence since 2016.

“Over the past decade, IFF ISIPCA has built a strong pipeline of diverse, high-potential fragrance experts, combining creative excellence, scientific expertise and a global perspective,” says Valery Claude, program sponsor and senior vice president of digital for IFF Scent. “The future looks bright with the next generation of scent talent who are poised to drive innovation across the industry.”

IFF ISIPCA is a breakthrough graduate program that offers a point of entry for careers in the field of scent. Combining IFF’s more than 135-year creative legacy and science-led innovation with ISIPCA’s academic excellence, the specialized scent design and creation program has expanded access to perfumery careers. The program prepares students for roles across fragrance development, marketing, sales and perfumery creation, helping build the future of fragrance.

The accredited program selects candidates based on olfactory ability, academic strength and individual talent — without requiring a scientific background — bringing greater diversity of perspectives to fragrance creation. Graduates have gone on to careers across the fragrance ecosystem, including at IFF (in Europe, Asia, the Middle East and the Americas) and in fast-moving consumer goods (FMCG) organizations, demonstrating the program’s impact.

“The program trains profiles that combine creativity, olfactory culture and technical expertise,” says Nicholas Salado, general director, ISIPCA. “It supports talents that are now fully integrated into the industry, aligned with its evolving challenges and dynamics.”

As the industry evolves, education, knowledge transfer and sustained innovation remain at the foundation of the IFF ISIPCA program. The 10-year anniversary milestone reflects IFF’s commitment to investing in the future of fragrance and driving innovation in olfactory experiences that make a meaningful impact for customers and consumers.

Welcome to IFF

At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in taste, scent, food ingredients, health and biosciences, we’re innovating for the future. Every day, we deliver groundbreaking, sustainable solutions that elevate products people love—advancing wellness, delighting the senses and enhancing the human experience. Learn more at iff.com, LinkedIn, Instagram and Facebook.

© 2026 by International Flavors & Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved

View source version on businesswire.com: https://www.businesswire.com/news/home/20260615461626/en/
2026-06-17 07:23 1mo ago
2026-06-16 11:40 1mo ago
Is Lennar Finally Turning the Corner After Its Housing Slump?
LEN-B Lennar
FMP Stock News
Original source text
Homebuilding stocks have been in a rut for quite some time. The SPDR S&P Homebuilders ETF NYSEARCA: XHB is a commonly used proxy for this industry's performance. The fund has greatly underperformed the general market, with returns of 10% in 2024, -0.7% in 2025, and a single-digit return in 2026. Low housing affordability, driven partially by elevated interest rates, has led to steeply declining revenues and earnings across the industry.

Investors just got their latest look at the status of the housing market. Lennar NYSE: LEN, one of the country’s top homebuilders and a Berkshire Hathaway NYSE: BRK.B portfolio company, recently reported earnings. Lennar’s report was decidedly mixed, but multiple important variables showed signs of improvement. It is possible the worst is over for Lennar, but homebuilders generally continue to face a difficult macro backdrop.

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Lennar’s Mixed Report: Sales Miss, EPS Beat, Delivery Guidance DownIn its fiscal Q2 2026, Lennar reported revenue of $7.94 billion, equating to a year-over-year (YOY) decline of 5.2%. (Note that Lennar’s fiscal reporting period is slightly ahead of the standard reporting period used by many firms.) The figure significantly missed Wall Street estimates, which called for sales of $8.08 billion.

Lennar Today

$89.86 +0.11 (+0.12%)

As of 06/16/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$81.18▼

$144.24Dividend Yield2.23%

P/E Ratio14.06

Price Target$95.07

Still, the 5.2% decline marks a substantial improvement over the prior quarter, when sales tanked 13.3% YOY. That quarter was Lennar’s weakest sales growth since the aftermath of the Great Financial Crisis. This helps highlight the severity of Lennar's stunted growth over recent quarters. In this context, it is good to see that growth is moving closer to 0%, despite the sales miss.

Another silver lining is the fact that Lennar beat estimates on earnings per share (EPS). The figure came in at $1.31, dropping nearly 28% YOY, but was better than the $1.24 anticipated. On the other hand, Lennar reduced its outlook for full-year home deliveries. The company now expects to deliver 82,500 homes at the midpoint, down 2.9% from prior expectations of 85,000 deliveries. Illustrating the difficult economic environment Lennar is operating in, the company attributed this decrease to “current pressure on interest rates and geopolitical uncertainty.”

Lennar Makes Solid Progress on Gross Margin and IncentivesUnder the surface, one solid positive was the improvement in Lennar’s gross margin. Like sales growth, gross margin improved from a multi-year trough seen last quarter, rising sequentially from 15.2% to 15.6%. This came partially due to the firm offering fewer incentives to homebuyers. Its sales incentives rate came down to 12.9%, compared to 14.1% last quarter. This was likely a key reason why revenue was worse than expected, but earnings were better than expected. Fewer incentives translate to fewer sales but increase profitability.

Critically, Lennar noted, “After three years of incentive levels that have been generally increasing, we're starting to see the first real and potentially sustainable decline.” This indicates that underlying demand is improving to a point where Lennar may be able to reverse the trend in its incentives and still entice buyers.

Nonetheless, the company clearly remains cautious, calling this reversal “potentially sustainable” and lowering its delivery outlook. Still, Lennar is forecasting another improvement in gross margin next quarter, guiding for 16%. It also notes, “we expect sequential margin improvement quarter-to-quarter as the year progresses," indicating further increases.

At the midpoint, the firm is guiding for EPS of $1.30 next quarter, holding the figure essentially flat versus its latest report.

Lennar: Rate Headwinds Cast a Cloud Over Sustained Recovery HopesShares fell 4.9% the day after Lennar’s report, indicating that despite some underlying improvements, management’s cautious stance did not inspire investors. Notably, 30-year fixed mortgage rates now sit near 6.5%, their highest level since September 2025. This is likely one of the key factors Lennar was referring to when lowering its delivery outlook. During the company’s prior report, rates were significantly lower, near 6.1%. This subsequent increase puts further pressure on affordability in an already depressed market.

Lennar Corporation (LEN) Price Chart for Wednesday, June, 17, 2026

Adding insult to injury, Evercore, Royal Bank of Canada, and Bank of America all issued Underperform ratings on Lennar after its report. The highest updated target among them is $87, which projects downside in shares and is considerably below the MarketBeat consensus price target of about $95.

Taking all this data into account, it's difficult to be overly optimistic about Lennar’s outlook at this point. Gross margin and incentives will be important to watch going forward, with increases in the former and decreases in the latter being positive signals. Management taking a more confident stance on the sustainability of incentive decreases would also help change the narrative around Lennar stock.

Should You Invest $1,000 in Lennar Right Now?Before you consider Lennar, you'll want to hear this.

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While Lennar currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

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2026-06-17 07:22 1mo ago
2026-06-16 08:45 1mo ago
Father's Day Investing: 3 Stocks Built for Long-Term Returns
YETI YETI Holdings
FMP Stock News
Original source text
This year, Father’s Day comes at a time when it appears that the long-awaited sector rotation is finally here. But the story may get better. Investors are always looking forward, and the outlook for the economy is starting to look much stronger for the back half of the year.

That may mean we’ll see rotation into stocks and sectors that have been overlooked in the artificial intelligence trade. For gift ideas that go beyond a single day on the calendar, here are three stocks that are great ideas for dads who also like to invest.

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A Recovery Story Still in ProgressInfrastructure means hammers and nails, as well as servers and semiconductors. That’s been showing up in the performance of Stanley Black & Decker NYSE: SWK. The stock is up 15% in 2026 as of this writing. That’s evidence of the recovery in industrial stocks, which has been one of the top sectors outside of technology.

Stanley Black & Decker Today

SWK

Stanley Black & Decker

$84.64 -0.16 (-0.19%)

As of 06/16/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$61.90▼

$93.37Dividend Yield3.92%

P/E Ratio34.69

Price Target$87.33

SWK is within about 2% of its consensus price target, but there may still be more upside ahead. The latest quarter showed that the company’s performance was uneven depending on the category. For example, organic revenue in its Tools & Outdoor business unit, home of the CRAFTSMAN brand, was 1% lower. 

To that end, Stanley Black & Decker is leaning into Father’s Day and the CRAFTSMAN brand. Its Longest Day Build Hub features DIY experts sharing outdoor projects to help create a more functional, family-friendly outdoor space. It also offers special offers on CRAFTSMAN products.

The larger catalyst may be the company's intentional efforts to reduce its supply chain's exposure to China. Analysts forecast earnings growth of about 15% in the next 12 months. That may not be fully priced into the stock, which has delivered a negative total return of 50% in the last five years.

That’s despite the company’s dividend. Stanley Black & Decker is a dividend king that has increased its dividend for 58 consecutive years.

The Housing Coil Keeps TighteningMany DIY Dads are frequent visitors to Home Depot NYSE: HD. But that hasn’t shown up in the company’s stock performance. Home Depot has struggled amid a tight housing market, as consumers put off major renovations. In the last five years, investors have received a total return of around 8%. That’s far below the broader market and the company’s own history.

Home Depot Today

HD

Home Depot

$336.85 +7.03 (+2.13%)

As of 06/16/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$289.10▼

$426.75Dividend Yield2.77%

P/E Ratio23.92

Price Target$371.71

But HD is showing signs of recovery. The stock is still down slightly in 2026, but it is up over 10% over the prior 30 days. Analysts confirm that sentiment with a consensus price target of $371.71, implying over 10% upside.

Some of that optimism may be fueled by hopes of interest rate cuts that could unlock a frozen housing market. But it could also reflect the idea that the consumer remains resilient, which could show up in areas like paint and hardware. Lower fuel prices, which could lower commodity prices, may also fuel growth.

Plus, despite the stock’s uneven five-year performance, the dividend has continued to grow. As of this writing, Home Depot pays out $9.32 per share on an annual basis, has increased the dividend for 16 consecutive years, and has a history of paying a dividend that goes back 40 years.

A Premium Brand Playing the Long GameYETI Holdings NYSE: YETI is an example of the continued demand in the premium market. But also, even premium brands are having a difficult time passing along price hikes. The company’s Q1 2026 earnings report showed a continuation of the trend towards year-over-year (YOY) revenue growth.

YETI Today

$49.39 -0.49 (-0.99%)

As of 06/16/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$29.12▼

$51.89P/E Ratio25.20

Price Target$50.42

That’s not the sign of a brand with declining demand. And just in time for Father’s Day and the Fourth of July, the company has restocked its Fire Pit Grill Kit, which is one of the brand’s top sellers.

But that YOY growth isn’t showing up on the bottom line. YETI beat estimates for 17 cents of adjusted earnings per share (EPS) by 9 cents. That better-than-expected result, however, was still 16% lower on a YOY basis. The company’s margin pressure is due to tariffs, which it believes will soften in the second half of 2026 as YOY comparisons normalize.

Unlike the other two names on this list, YETI doesn’t pay a dividend. That’s a factor to weigh, especially for a stock that’s delivered a negative total return of over 45% in the last five years. However, YETI isn’t completely dismissing shareholder returns. The company recently expanded its share repurchase program, which still has $500 million available as of May 14, 2026. That’s one indication that management believes the stock may be undervalued.

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2026-06-17 07:22 1mo ago
2026-06-16 10:15 1mo ago
YETI Holdings, Inc. (YETI) Soars to 52-Week High, Time to Cash Out?
YETI YETI Holdings
FMP Stock News
Original source text
Shares of Yeti (YETI - Free Report) have been strong performers lately, with the stock up 17.5% over the past month. The stock hit a new 52-week high of $51.89 in the previous session. Yeti has gained 12.9% since the start of the year compared to the -7.8% move for the Zacks Consumer Discretionary sector and the 0.4% return for the Zacks Leisure and Recreation Products industry.

What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on May 14, 2026, Yeti reported EPS of $0.26 versus consensus estimate of $0.17.

For the current fiscal year, Yeti is expected to post earnings of $2.87 per share on $2.01 in revenues. This represents a 15.73% change in EPS on a 7.55% change in revenues. For the next fiscal year, the company is expected to earn $3.28 per share on $2.15 in revenues. This represents a year-over-year change of 14.29% and 6.74%, respectively.

Valuation MetricsWhile Yeti has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.

On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

Yeti has a Value Score of C. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of B.

In terms of its value breakdown, the stock currently trades at 17.4X current fiscal year EPS estimates, which is not in-line with the peer industry average of 19.4X. On a trailing cash flow basis, the stock currently trades at 17.5X versus its peer group's average of 15.7X. Additionally, the stock has a PEG ratio of 1.33. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks RankWe also need to consider the stock's Zacks Rank, as this is even more important than the company's VGM Score. Fortunately, Yeti currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Yeti passes the test. Thus, it seems as though Yeti shares could have a bit more room to run in the near term.
2026-06-17 07:22 1mo ago
2026-06-16 13:02 1mo ago
Yeti (YETI) Upgraded to Buy: Here's What You Should Know
YETI YETI Holdings
FMP Stock News
Original source text
Yeti (YETI - Free Report) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for Yeti basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.

For Yeti, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for YetiFor the fiscal year ending December 2026, this maker of outdoor and recreational products is expected to earn $2.87 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Yeti. Over the past three months, the Zacks Consensus Estimate for the company has increased 3.1%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Yeti to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
2026-06-17 07:22 1mo ago
2026-06-16 05:24 1mo ago
Rosen Law Firm Encourages The Ensign Group, Inc. Investors to Inquire About Securities Class Action Investigation - ENSG
ENSG The Ensign Group
FMP Stock News
Original source text
, /PRNewswire/ -- 

Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of The Ensign Group, Inc. (NASDAQ: ENSG) resulting from allegations that Ensign may have issued materially misleading business information to the investing public.

So What: If you purchased Ensign securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/the-ensign-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: On June 8, 2026, Investing.com published an article entitled "Ensign Group stock tumbles after short seller report." The article stated that Ensign shares fell after "short seller Hunterbrook released a report alleging the nursing home operator's business model relies on inadequate patient care and gaming quality metrics." Further, the article stated that Hunterbrook "published findings from a five-month investigation claiming the company's profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates. The report alleges patients have suffered and died as a result."

On this news, Ensign Group shares fell sharply in intraday trading on June 8, 2026.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions.  Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.
2026-06-17 07:22 1mo ago
2026-06-16 09:09 1mo ago
The Ensign Group (ENSG) Securities Fraud Investigation - Levi & Korsinsky
ENSG The Ensign Group
FMP Stock News
Original source text
Shares of The Ensign Group fell sharply after a short-seller report alleged systemic neglect, quality-measure gaming, and improper billing practices at the skilled nursing facility operator.

, /PRNewswire/ -- The Ensign Group (NASDAQ: ENSG) stock dropped sharply on June 8, 2026, after Hunterbrook published a detailed short-seller report alleging that the company engaged in systemic quality-measure gaming, falsified care-quality data, and improper related-party billing across its skilled nursing operations. Shareholders who lost money on their ENSG investment are encouraged to submit their information here. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

The Hunterbrook report alleged that ENSG inflated its CMS star ratings -- a metric CEO Barry Port cited on the Q1 2026 earnings call on May 1, 2026, when he stated that "85% of all of our operations are at 4- or 5-star quality measures." The report further alleged that staffing levels and care quality at ENSG facilities were materially worse than publicly represented. On the same earnings call, Port told investors the company was "seeing improvements in turnover, stable wage growth and reduced reliance on agency staffing even with increased occupancy." A securities fraud investigation was subsequently initiated.

Separately, a Form 144 filed on June 2, 2026 -- days before the Hunterbrook report was published on June 8 -- included Director Barry M. Smith's attestation that "he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed."

ENSG investors who suffered losses do not need to wait -- click here to get started with a free consultation. You may also reach Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report.

Frequently Asked Questions About the ENSG Investigation

Q: What is the ENSG securities fraud investigation about?A: A securities fraud investigation has been initiated concerning The Ensign Group (NASDAQ: ENSG) regarding potentially materially false and misleading statements about the company's quality ratings, staffing levels, and billing practices. Shares fell sharply after the Hunterbrook short-seller report was published on June 8, 2026, causing significant losses for shareholders.

Q: Who is conducting the ENSG investigation?A: Levi & Korsinsky, LLP is investigating potential securities fraud on behalf of investors who purchased ENSG securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.

Q: Who is eligible to participate in the ENSG investigation?A: Investors who purchased ENSG stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: What do ENSG investors need to do right now?A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.

Q: What if I already sold my ENSG shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought ENSG and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate?A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

[email protected]

Tel: (212) 363-7500

Fax: (212) 363-7171

SOURCE Levi & Korsinsky, LLP
2026-06-17 07:22 1mo ago
2026-06-16 10:46 1mo ago
Here's Why Ensign Group (ENSG) is a Strong Growth Stock
ENSG The Ensign Group
FMP Stock News
Original source text
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Ensign Group (ENSG - Free Report) Founded in 1999 and headquartered in San Juan Capistrano, CA, The Ensign Group Inc. provides healthcare services in the post-acute care continuum, urgent care center and mobile ancillary segments in the United States.

ENSG is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. ENSG has a Growth Style Score of A, forecasting year-over-year earnings growth of 14.6% for the current fiscal year.

Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.05 to $7.53 per share. ENSG boasts an average earnings surprise of +3.4%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, ENSG should be on investors' short list.
2026-06-17 07:22 1mo ago
2026-06-16 15:16 1mo ago
Is ENSG's Expanded $100M Buyback Program a Positive for Investors?
ENSG The Ensign Group
FMP Stock News
Original source text
Key Takeaways ENSG increased its stock repurchase authorization by $60M, bringing total buyback capacity to $100M.Ensign Group posted 39% higher operating cash flow in Q1 2026 and ended with $539.5M in cash.ENSG raised 2026 earnings guidance and continues funding acquisitions alongside buybacks. The Ensign Group, Inc. (ENSG - Free Report) announced that its board of directors has approved a $60 million increase to its existing stock repurchase authorization, raising total buyback capacity to $100 million from $40 million. Management expects to begin repurchasing shares under the expanded program in the near term through open-market transactions, privately negotiated deals or block trades.

The move follows a strong first-quarter 2026 performance and reflects Ensign's financial strength. ENSG ended the first quarter of 2026 with $539.5 million in cash and cash equivalents, up from $503.9 million at the end of 2025. Operating cash flow increased nearly 39% year over year to $100.2 million, while available capacity under its revolving credit facility totaled $591.6 million. Following first-quarter results, management also raised its 2026 earnings guidance, reinforcing expectations for continued business momentum.

Share repurchases reduce the number of shares outstanding, which can support EPS growth and increase the ownership stake of existing shareholders. Ensign continues to pursue acquisitions alongside shareholder-return initiatives, indicating that management is comfortable funding both expansion efforts and buybacks at the same time. The company's return on capital of 15.78% significantly exceeded the industry average of 3.09%, highlighting its track record of deploying capital efficiently.

The expanded authorization underscores management's optimism regarding Ensign's long-term earnings and cash-flow prospects. While the pace and timing of repurchases will depend on market conditions, the program provides additional flexibility to return capital to shareholders while preserving the company's disciplined approach to growth.

How Are Peers Deploying Capital?PACS Group, Inc. (PACS - Free Report) and The Pennant Group, Inc. (PNTG - Free Report) , two notable players in the Medical space, are also actively deploying capital to support shareholder value and long-term growth.

Earlier in 2026, PACS Group authorized a $250 million share repurchase program, signaling management's willingness to return capital to shareholders while maintaining flexibility for future growth. PACS continues to invest in facility development and acquisition opportunities across the post-acute care market.

In contrast, The Pennant Group has focused its capital deployment on acquisitions and organic expansion rather than share repurchases. PNTG continues to grow its home health, hospice and senior living footprint through strategic investments.

ENSG’s Stock Price Performance, Valuation & EstimatesShares of Ensign have lost 2% over the past year against the industry’s 1.6% growth over the same period.

Image Source: Zacks Investment Research

From a valuation standpoint, ENSG trades at a forward price-to-sales ratio of 1.45X, down from the industry average of 2.23X. ENSG carries a Value Score of B.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Ensign Group’s 2026 earnings is pegged at $7.53 per share, implying a 14.6% jump from the year-ago period’s level.

Image Source: Zacks Investment Research

ENSG currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-17 07:22 1mo ago
2026-06-16 16:59 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Ensign Group, Inc. - ENSG
ENSG The Ensign Group
FMP Stock News
Original source text
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of The Ensign Group, Inc. (“Ensign Group” or the “Company”) (NASDAQ: ENSG).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Ensign Group and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On June 8, 2026, Hunterbrook published a short report alleging that Ensign Group’s business model relies on inadequate patient care and gaming quality metrics.  The Hunterbrook report further alleges that Ensign Group’s profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates, and that patients have suffered and died as a result. 

Following publication of the Hunterbrook report, Ensign Group’s stock price fell $13.88 per share, or 8.15%, to close at $156.42 per share on June 8, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.   

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-17 07:22 1mo ago
2026-06-16 19:22 1mo ago
The Ensign Group (ENSG) Shares Fall Amid Activist Forensic Reports Challenging Patient Care Claims, Legal Compliance -- HBSS
ENSG The Ensign Group
FMP Stock News
Original source text
, /PRNewswire/ -- The Ensign Group (NASDAQ: ENSG) investors saw the price of their shares in the skilled nursing facilities ("SNFs") provider tumble over 8% on June 8 and another 3% on June 11, 2026 after Hunterbrook Media and Muddy Waters Research, respectively, published highly critical reports questioning Ensign's business practices.

In total, over $500 million of Ensign's market capitalization has been wiped out since June 7, 2026, the day before the first of the two reports.

These developments have prompted national shareholder rights firm Hagens Berman to open an investigation into allegations within the two reports and whether Ensign may have violated the federal securities laws.

The firm encourages Ensign investors who suffered substantial losses to submit your losses now.

Visit: www.hbsslaw.com/investor-fraud/ensg
Contact the Firm Now: [email protected]
                                        844-916-0895

The Ensign Group (ENSG) Investigation:

The investigation is primarily focused on the propriety of Ensign's disclosures about SNF acquisitions, regulatory compliance, and certain accounting matters.

In the past, Ensign repeatedly assured investors that "compliance and quality outcomes are precursors to outstanding financial performance" and "we strive to aggressively increase quality in every facility we acquire, and to adjust our overall policies to adapt to CMS's changing criteria for the Five-Star Quality Rating System."

But, on June 8, 2026, Hunterbrook published its report, contending in part that "Ensign's profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government." In addition, the firm said that "[w]e found Ensign's growth strategy is to buy struggling nursing homes – then cut staff at those facilities and bank the savings, all while claiming quality improves."

Then, on June 11, 2026, Muddy Waters Research published its report, adding to Hunterbrook's analysis. Muddy Waters sent investigators to 57 of Ensign's SNFs and found "red flags consistent with rented" NHA licenses that enabled "Ensign to state the facilities have licensed Administrators when in fact these administrators are seldom on premise and do not substantively manage the facilities."

The firm concluded that "this scheme, which could amount to fraud against states, Medicare, and Medicaid, is the pillar upon which Ensign's acquisition strategy and margins is built[]" and "[u]nder the False Claims Act, if these practices have been in place for one year at ~20% of facilities, we estimate the violations carry theoretical sanctions in the billions of dollars." 

"Our investigation is focused on whether the analysts' allegations are accurate and, if so, whether Ensign may have misled investors about its business practices and accounting," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Ensign and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »

If you'd like more information and answers to other frequently asked questions about the firm's Hub Group investigation, read more »

Whistleblowers: Persons with non-public information regarding Ensign should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

SOURCE Hagens Berman Sobol Shapiro LLP
2026-06-17 07:22 1mo ago
2026-06-16 20:00 1mo ago
The Ensign Group (ENSG) Shares Fall Amid Activist Forensic Reports Challenging Patient Care Claims, Legal Compliance -- HBSS
ENSG The Ensign Group
FMP Stock News
Original source text
, /PRNewswire/ -- The Ensign Group (NASDAQ: ENSG) investors saw the price of their shares in the skilled nursing facilities ("SNFs") provider tumble over 8% on June 8 and another 3% on June 11, 2026 after Hunterbrook Media and Muddy Waters Research, respectively, published highly critical reports questioning Ensign's business practices.

In total, over $500 million of Ensign's market capitalization has been wiped out since June 7, 2026, the day before the first of the two reports.

These developments have prompted national shareholder rights firm Hagens Berman to open an investigation into allegations within the two reports and whether Ensign may have violated the federal securities laws.

The firm encourages Ensign investors who suffered substantial losses to submit your losses now.

Visit: www.hbsslaw.com/investor-fraud/ensg
Contact the Firm Now: [email protected]
844-916-0895

The Ensign Group (ENSG) Investigation:

The investigation is primarily focused on the propriety of Ensign's disclosures about SNF acquisitions, regulatory compliance, and certain accounting matters.

In the past, Ensign repeatedly assured investors that "compliance and quality outcomes are precursors to outstanding financial performance" and "we strive to aggressively increase quality in every facility we acquire, and to adjust our overall policies to adapt to CMS's changing criteria for the Five-Star Quality Rating System."

But, on June 8, 2026, Hunterbrook published its report, contending in part that "Ensign's profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government." In addition, the firm said that "[w]e found Ensign's growth strategy is to buy struggling nursing homes – then cut staff at those facilities and bank the savings, all while claiming quality improves."

Then, on June 11, 2026, Muddy Waters Research published its report, adding to Hunterbrook's analysis. Muddy Waters sent investigators to 57 of Ensign's SNFs and found "red flags consistent with rented" NHA licenses that enabled "Ensign to state the facilities have licensed Administrators when in fact these administrators are seldom on premise and do not substantively manage the facilities."

The firm concluded that "this scheme, which could amount to fraud against states, Medicare, and Medicaid, is the pillar upon which Ensign's acquisition strategy and margins is built[]" and "[u]nder the False Claims Act, if these practices have been in place for one year at ~20% of facilities, we estimate the violations carry theoretical sanctions in the billions of dollars."

"Our investigation is focused on whether the analysts' allegations are accurate and, if so, whether Ensign may have misled investors about its business practices and accounting," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Ensign and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »

If you'd like more information and answers to other frequently asked questions about the firm's Hub Group investigation, read more »

Whistleblowers: Persons with non-public information regarding Ensign should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-ensign-group-ensg-shares-fall-amid-activist-forensic-reports-challenging-patient-care-claims-legal-compliance----hbss-302802323.html

SOURCE Hagens Berman Sobol Shapiro LLP
2026-06-17 07:22 1mo ago
2026-06-16 05:19 1mo ago
CHX Investors Have Opportunity to Lead ChampionX Corporation Securities Fraud Lawsuit
CHX ChampionX
FMP Stock News
Original source text
, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds sellers of common stock of ChampionX Corporation (NASDAQ: CHX) between February 29, 2024 and April 1, 2024 (the "Class Period"), of the important July 14, 2026 lead plaintiff deadline.

So what: If you sold ChampionX common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 14, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants throughout the Class Period failed to disclose material information, which artificially deflated the price of ChampionX common stock. On February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. During the Class Period, ChampionX's average stock price was $33.32 per share. On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.

To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.
2026-06-17 07:22 1mo ago
2026-06-16 12:00 1mo ago
Bronstein, Gewirtz & Grossman LLC Urges ChampionX Corporation Investors to Act: Class Action Filed Alleging Investor Harm
CHX ChampionX
FMP Stock News
Original source text
New York, New York--(Newsfile Corp. - June 16, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against ChampionX Corporation (NASDAQ: CHX) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ChampionX securities between February 29, 2024 and April 1, 2024, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/CHX.

ChampionX Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

while repurchasing millions of dollars' worth of ChampionX Corporation ("ChampionX" or the "Company") common stock, Defendants were in possession of material nonpublic information regarding offers made by Schlumberger Limited ("SLB") to acquire ChampionX at a premium to prevailing market prices; Defendants failed to either abstain from trading or disclose SLB's offer(s), which, if disclosed, would have signaled to investors that ChampionX's stock was worth significantly more than its trading price; Defendants further failed to disclose subsequent offers and negotiations involving ChampionX and SLB; and as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading at all relevant times.What's Next for ChampionX Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/CHX, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in ChampionX you have until July 14, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to ChampionX Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for ChampionX Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising.
Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297977

Source: Bronstein, Gewirtz & Grossman, LLC

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-06-17 07:22 1mo ago
2026-06-16 16:08 1mo ago
ROSEN, NATIONAL TRIAL LAWYERS, Encourages ChampionX Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - CHX
CHX ChampionX
FMP Stock News
Original source text
New York, New York--(Newsfile Corp. - June 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of common stock of ChampionX Corporation (NASDAQ: CHX) between February 29, 2024 and April 1, 2024, inclusive (the "Class Period"), of the important July 14, 2026 lead plaintiff deadline.

SO WHAT: If you sold ChampionX common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 14, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period failed to disclose material information, which artificially deflated the price of ChampionX common stock. On February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. During the Class Period, ChampionX's average stock price was $33.32 per share. On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.

To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301735

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-06-17 07:22 1mo ago
2026-06-16 16:24 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in ChampionX Corporation of Class Action Lawsuit and Upcoming Deadlines – CHX
CHX ChampionX
FMP Stock News
Original source text
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether ChampionX and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until July 14, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired ChampionX securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.   

[Click here for information about joining the class action]  

A Complaint has filed on behalf of investors who sold ChampionX common stock during the Class Period, alleging that the defendants failed to disclose material information, which artificially deflated the price of ChampionX common stock. 

Per the allegations of the Complaint, on February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share.  On March 7, 2024, Schlumberger raised its offer to $37.80 per share.  The ChampionX class action lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger.  ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. 

During the Class Period, ChampionX’s average stock price was $33.32 per share.  On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger.  The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980 
2026-06-17 07:22 1mo ago
2026-06-16 17:51 1mo ago
Bragar Eagel & Squire, P.C. Reminds ChampionX Corporation Investors to Contact the Firm Regarding Lead Plaintiff Role Before July 14th
CHX ChampionX
FMP Stock News
Original source text
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In ChampionX (CHX) To Contact Him Directly To Discuss Their Options

If you sold common stock of ChampionX between February 29, 2024 and April 1, 2024 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.

Click here to participate in the action.

NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ:CHX) in the United States District Court for the Southern District of New York on behalf of all persons and entities who sold common stock of ChampionX between February 29, 2024 and April 1, 2024, both dates inclusive (the “Class Period”). Investors have until July 14, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details:

According to the lawsuit, defendants throughout the Class Period failed to disclose material information, which artificially deflated the price of ChampionX common stock. On February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. During the Class Period, ChampionX's average stock price was $33.32 per share. On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share. Next Steps:

If you purchased or otherwise acquired ChampionX shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
[email protected]
www.bespc.com
2026-06-17 07:22 1mo ago
2026-06-16 08:00 1mo ago
Pennsylvania American Water Launches 2026 Flow Forward Summer Camp Program to Help Teens Explore the Water Industry Workforce
AWK American Water Works
FMP Stock News
Original source text
, /PRNewswire/ -- Pennsylvania American Water today launched its 2026 Flow Forward Summer Camp Program, offering high school sophomores, juniors and seniors a multi-day workforce development experience. This year, the company will host the camp in two locations for students to explore career pathways and participate in hands-on opportunities and mentorship – in McMurray from June 16-18 and in Mechanicsburg from June 23-25.

"Investing in our youth is an investment in the future of our workforce," said Pennsylvania American Water President Justin Ladner. "By creating opportunities for young people to gain real-world experience, we are helping develop the next generation of water and wastewater leaders who will keep our communities strong and our essential services moving forward." 

The Flow Forward students will participate in skill-building workshops and learning activities, facility tours, resume and interview preparation and have opportunities to network and speak with company staff and industry experts, providing real-world experience and career exploration in the water and wastewater industries. 

Pennsylvania American Water also offers the Future Wavemakers Internship Program for college students. Designed to cultivate the next generation of water and wastewater industry leaders, this initiative is built on the foundation of mentorship, professional development and real-world projects that align with both students' academic backgrounds and American Water's organizational goals. Interns participate in capstone projects, networking events and skill-building workshops, all while contributing fresh perspectives and innovative ideas to the company. This year, the program welcomed 16 college interns at Pennsylvania American Water workplaces across the state, offering hands-on experience in engineering, finance, operations, health and safety, communications and more. 

In addition to internship experiences, the company conducts outreach throughout the year to educate students and adults alike about career paths and job opportunities in the water and wastewater industry. The company also partners with schools, colleges, elected officials, government agencies and non-profits and statewide organizations to promote careers in the water industry through participation at school presentations, facility tours, career fairs, community events and more. To request a Pennsylvania American Water representative at an upcoming career fair or outreach event, interested groups can contact [email protected]. 

Pennsylvania American Water remains dedicated to strengthening its talent pipeline and building stronger communities through innovative workforce development programs. Learn more about the company's workforce here.  

To learn more about working at American Water or to view open positions visit jobs.amwater.com.

About American Water 
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About Pennsylvania American Water
Pennsylvania American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 1,200 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 2.5 million people.    

SOURCE American Water
2026-06-17 07:22 1mo ago
2026-06-16 08:00 1mo ago
Missouri American Water Proudly Recognizes American Water Charitable Foundation State Strategic Impact Grantees
AWK American Water Works
FMP Stock News
Original source text
, /PRNewswire/ -- The American Water Charitable Foundation, a philanthropic nonprofit organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., and Missouri American Water, announced today that the Foundation awarded nearly $40,000 in State Strategic Impact grants to 12 organizations that provide support to the communities we serve.

Missouri American Water presents a State Strategic grant on behalf of the American Water Charitable Foundation. Nearly $13,000 will go toward funding hydration stations as part of the Hydration Station Grant Program. The program is designed to make safe and healthy hydration more accessible in public spaces while also promoting environmental stewardship, as it helps reduce the number of plastic bottles that end up in landfills and bodies of water.

Funding for the hydration station grants will be provided by the American Water Charitable Foundation, as part of its State Strategic Impact Grant Program, focused on high-impact projects and initiatives throughout American Water's national footprint.  

The following organizations will receive a hydration station grant to help purchase their desired unit:

Lydia's House Lawson Community Foundation Mexico Area Family YMCA Circle of Concern Food Pantry JADASA Additionally, seven organizations will receive a total of $27,000 in grant funding, supporting a range of missions—from assisting our Veterans to expanding access to affordable health care and home ownership. The following organizations have been selected to help advance their important work:

Police Foundation of Hallsville Duane H. Tolen Sr. Foundation Habitat for Humanity of St. Charles County Family Care Health Centers Truman Medical Center Charitable Foundation H.E.R.O.E.S Care LevelUp Kids "Supporting strong, healthy communities is central to our mission," said Rich Svindland, President of Missouri American Water. "With the support of the American Water Charitable Foundation, we are proud to invest in organizations that advance meaningful solutions and help keep our communities flowing."

The State Strategic Impact grant is part of the 2026 Keep Communities Flowing Grant Program, focusing on three pillars of giving: Water, People and Communities. State Strategic Impact grants support high-impact projects and initiatives throughout American Water's national footprint.

"The American Water Charitable Foundation is pleased to partner with organizations that align with Missouri American Water and share a commitment to enhancing the quality of life in the communities it serves," said Carrie Williams, President, American Water Charitable Foundation.

Learn more about the American Water Charitable Foundation here.

About American Water  
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram. 

About American Water Charitable Foundation 
The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water, focuses on three pillars of giving: Water, People, and Communities. Since 2012, the Foundation has invested over $25 million in funding through grants and matching gifts to support eligible organizations in communities served by American Water. The Foundation is funded by American Water shareholders and has no impact on customer rates. For more information, visit amwater.com/awcf.

About Missouri American Water
Missouri American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 700 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.7 million people. For more, visit missouriamwater.com and follow Missouri American Water on X, Facebook, Instagram, YouTube and LinkedIn.  

SOURCE American Water
2026-06-17 07:22 1mo ago
2026-06-16 11:55 1mo ago
Illinois American Water Encourages Customers Across Illinois to Practice Wise Water Use This Summer
AWK American Water Works
FMP Stock News
Original source text
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- As communities across Illinois prepare for warm temperatures this summer, Illinois American Water encourages customers to take simple steps to use water more efficiently and help protect water resources today and for the future while also keeping lawns and gardens healthy.

Illinois American Water encourages customers to practice wise water use habits throughout the summer. From adjusting your watering schedule to fixing household leaks, every drop counts. Here are some helpful tips: 

Water plants early in the morning or later in the day and even at night to minimize evaporation. As much as 30 percent of water can be lost by watering during midday.  Adjust mower blade height. Cut grass to 2.5 to 3.5 inches to retain moisture, resist drought, weeds, insects, and disease, and to create a healthier lawn overall.  Check sprinkler heads. Make sure sprinklers are aimed accurately to help ensure water isn't being wasted on pavement or other unwanted areas.  Mulch wisely. A two- to three-inch layer of mulch in garden beds is typically effective in retaining moisture and preventing weeds.  Use a broom instead of a hose to clean patios, driveways and sidewalks.  Make use of rainwater by collecting it in rain barrels for use on outdoor plants and gardens. Check local ordinances to ensure compliance. Track water usage history through MyWater, the company's customer self-service portal which provides up to two years of usage data. Even small leaks can waste thousands of gallons of water each year. Ten percent of homes have leaks that can waste 90 gallons or more per day. MyWater can be used to help spot unusual increases and also contains information about budget billing, customer assistance programs and more. For more tips and resources, visit: Illinois American Water's Wise Water Use page About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About Illinois American Water
Illinois American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 600 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.3 million people. American Water also operates a quality control and research laboratory in Belleville.

SOURCE American Water

Also from this source
2026-06-17 07:22 1mo ago
2026-06-16 12:00 1mo ago
Illinois American Water Encourages Customers Across Illinois to Practice Wise Water Use This Summer
AWK American Water Works
FMP Stock News
Original source text
Illinois American Water Encourages Customers Across Illinois to Practice Wise Water Use This Summer PR Newswire

BELLEVILLE, Ill., June 16, 2026

, /PRNewswire/ -- As communities across Illinois prepare for warm temperatures this summer, Illinois American Water encourages customers to take simple steps to use water more efficiently and help protect water resources today and for the future while also keeping lawns and gardens healthy.

Illinois American Water encourages customers to practice wise water use habits throughout the summer. From adjusting your watering schedule to fixing household leaks, every drop counts. Here are some helpful tips:

Water plants early in the morning or later in the day and even at night to minimize evaporation. As much as 30 percent of water can be lost by watering during midday. Adjust mower blade height. Cut grass to 2.5 to 3.5 inches to retain moisture, resist drought, weeds, insects, and disease, and to create a healthier lawn overall. Check sprinkler heads. Make sure sprinklers are aimed accurately to help ensure water isn't being wasted on pavement or other unwanted areas. Mulch wisely. A two- to three-inch layer of mulch in garden beds is typically effective in retaining moisture and preventing weeds. Use a broom instead of a hose to clean patios, driveways and sidewalks. Make use of rainwater by collecting it in rain barrels for use on outdoor plants and gardens. Check local ordinances to ensure compliance.Track water usage history through MyWater, the company's customer self-service portal which provides up to two years of usage data. Even small leaks can waste thousands of gallons of water each year. Ten percent of homes have leaks that can waste 90 gallons or more per day. MyWater can be used to help spot unusual increases and also contains information about budget billing, customer assistance programs and more. For more tips and resources, visit: Illinois American Water's Wise Water Use pageAbout American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About Illinois American Water
Illinois American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 600 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.3 million people. American Water also operates a quality control and research laboratory in Belleville.

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SOURCE American Water