Solution helps small business clients proactively monitor check activity and prevent check fraud before it impacts their business
, /PRNewswire/ -- KeyBank (NYSE: KEY) today announced that Check Control for Business is fully available to KeyBank Business Online® clients. This service, which is unique to KeyBank as to the size of business it supports paired with its minimal cost, can help small business owners address the growing risk of check fraud with the ability to monitor check activity, quickly spot suspicious check transactions, and mark checks for return.
KeyBank Check Control for Business As fraud practices continue to evolve, small business owners are faced with increasing challenges in protecting their operations. According to the Federal Reserve's Business Payments Study, 83% of small firms use paper checks for business payments, and more than $1 billion is recovered each year in counterfeit checks and money orders. Check Control for Business helps combat this by alerting clients to check activity so they can review and act if necessary.
"Check fraud continues to be a growing challenge for businesses as tactics evolve, and we know it's top of the mind for many of our clients, especially small businesses, which are the backbone of our economy," said Victor Alexander, Head of Key's Consumer Bank. "At Key, we are committed to delivering for our clients by helping them stay ahead of emerging threats and protect what they've worked so hard to build. Check Control for Business is another way we're empowering our clients with practical, effective tools to help prevent fraud and operate with confidence."
Check Control for Business is a proactive alert system designed to help business owners monitor check activity from their online or mobile app. In addition to being a fraud mitigation solution, Check Control for Business is also a convenient check reconciliation tool that helps businesses keep track of checks moving through their account.
Check Control for Business empowers small business clients to:
View checks daily from a PC or mobile device Confirm check amounts, numbers, and payees Return suspicious or duplicate checks in just a few clicks Stay in control with customized alerts and notification timing Clients can self-enroll within digital banking with a few simple steps that can be completed in under one minute. Enrolled users receive alerts when checks are ready for review, allowing clients to detect and address potential check fraud before it impacts their business, stopping fraud before it's too late. This can save a business from potentially thousands of dollars in losses and the cascade of problems that follow, like bounced vendor payments and disrupted cash flow.
Check Control for Business is available to eligible KeyBank Business Online clientsi (generally, small business clients with $10 million or less in revenue) at a cost of $5 per enrolled account per month. With the addition of this service, KeyBank continues to invest in digital capabilities that empower small businesses to operate more securely and efficiently in an increasingly complex financial environment.
"Check Control for Business is an exciting addition to our suite of digital capabilities and reflects our commitment to helping businesses of all sizes fight fraud, from emerging small businesses to large enterprises," said Emily Gessner, Head of Commercial Digital for KeyBank. "Providing clients with simple, effective tools to help safeguard their businesses is critical to allowing them to focus on growth."
ABOUT KEYCORP
KeyCorp's roots trace back more than 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $189 billion at March 31, 2026.
Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 950 branches and approximately 1,100 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets® trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC.
Check Control for Business is available only to eligible business checking (DDA) subproduct accounts on the Key Business Banking Platform. Accounts enrolled in KeyNavigator® check fraud services (including Positive Pay) are not eligible to enroll.
, /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce the following recent activity in its private loan portfolio. During the second quarter of 2026, Main Street originated new or increased commitments in its private loan portfolio totaling $319.0 million and funded total investments across its private loan portfolio with a cost basis totaling $238.9 million.
The following represent notable new private loan commitments and investments during the second quarter of 2026:
$81.5 million in a first lien senior secured term loan, $24.4 million in a first lien senior secured revolver and $32.6 million in a first lien senior secured delayed draw term loan to a provider of mechanical, electrical and plumbing services; $112.4 million in a first lien senior secured term loan, $6.2 million in a first lien senior secured revolver and $18.0 million in a first lien senior secured delayed draw term loan to a national provider of custom power system platforms; $20.4 million in a first lien senior secured term loan, $3.6 million in a first lien senior secured revolver and $1.2 million in equity to a provider of structural repair and restoration services for condominium and commercial properties; and Increased commitment of $7.5 million in an incremental first lien senior secured delayed draw term loan to a provider of senior-level executive search, interim placement, consulting and other talent advisory solutions. As of June 30, 2026, Main Street's private loan portfolio included total investments at cost of approximately $2.1 billion across 86 unique companies. The private loan portfolio, as a percentage of cost, included 93.6% invested in first lien senior secured debt investments and 6.4% invested in equity investments or other securities.
ABOUT MAIN STREET CAPITAL CORPORATION
Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides customized long-term debt and equity capital solutions to lower middle market companies and debt capital to private companies owned by or in the process of being acquired by a private equity fund. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides customized "one-stop" debt and equity financing solutions within its lower middle market investment strategy. Main Street seeks to partner with private equity fund sponsors and primarily invests in secured debt investments in its private loan investment strategy. Main Street's lower middle market portfolio companies generally have annual revenues between $10 million and $150 million. Main Street's private loan portfolio companies generally have annual revenues between $25 million and $500 million.
Main Street, through its wholly-owned portfolio company MSC Adviser I, LLC ("MSC Adviser"), also maintains an asset management business through which it manages investments for external parties. MSC Adviser is registered as an investment adviser under the Investment Advisers Act of 1940, as amended.
Contacts:
Main Street Capital Corporation
Dwayne L. Hyzak, CEO, [email protected]
Ryan R. Nelson, CFO, [email protected]
713-350-6000
, /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) ("MSC Income" or the "Fund") is pleased to announce the following recent activity in its private loan portfolio. During the second quarter of 2026, MSC Income originated new or increased commitments in its private loan portfolio totaling $74.4 million and funded total investments across its private loan portfolio with a cost basis totaling $62.2 million.
The following represent notable new private loan commitments and investments during the second quarter of 2026:
$24.2 million in a first lien senior secured term loan, $1.3 million in a first lien senior secured revolver and $3.9 million in a first lien senior secured delayed draw term loan to a national provider of custom power system platforms; $13.2 million in a first lien senior secured term loan, $4.0 million in a first lien senior secured revolver and $5.3 million in a first lien senior secured delayed draw term loan to a provider of mechanical, electrical and plumbing services; and $16.2 million in a first lien senior secured term loan, $2.9 million in a first lien senior secured revolver and $1.0 million in equity to a provider of structural repair and restoration services for condominium and commercial properties. As of June 30, 2026, MSC Income's private loan portfolio included total investments at cost of approximately $856.3 million across 81 unique companies. The private loan portfolio, as a percentage of cost, included 92.4% invested in first lien senior secured debt investments and 7.6% invested in equity investments or other securities.
ABOUT MSC INCOME FUND, INC.
The Fund (www.mscincomefund.com) is a principal investment firm that primarily provides debt capital to private companies owned by or in the process of being acquired by a private equity fund. The Fund's portfolio investments are typically made to support leveraged buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. The Fund seeks to partner with private equity fund sponsors and primarily invests in secured debt investments within its private loan investment strategy. The Fund also maintains a portfolio of customized long-term debt and equity investments in lower middle market companies, and through those investments, the Fund has partnered with entrepreneurs, business owners and management teams in co-investments with Main Street Capital Corporation (NYSE: MAIN) ("Main Street") utilizing the customized "one-stop" debt and equity financing solutions provided in Main Street's lower middle market investment strategy. The Fund's private loan portfolio companies generally have annual revenues between $25 million and $500 million. The Fund's lower middle market portfolio companies generally have annual revenues between $10 million and $150 million.
ABOUT MSC ADVISER I, LLC
MSC Adviser I, LLC ("MSCA") is a wholly-owned subsidiary of Main Street that is registered as an investment adviser under the Investment Advisers Act of 1940, as amended. MSCA serves as the investment adviser and administrator of the Fund in addition to several other advisory clients.
Contacts:
MSC Income Fund, Inc.
Dwayne L. Hyzak, CEO, [email protected]
Cory E. Gilbert, CFO, [email protected]
713-350-6000
GREENWICH, Conn., July 09, 2026 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its second quarter 2026 earnings conference call and webcast on Wednesday, August 5, 2026, at 8:30 a.m. Eastern Time. The company’s results will be released after market close on Tuesday, August 4, 2026, and made available at that time on investors.gxo.com.
Access information:
Call toll-free from U.S./Canada: 877-407-8029
International callers: +1 201-689-8029
Conference ID: 13761436
Live webcast: investors.gxo.com
A replay of the conference call will be available for approximately two weeks, until
August 20, 2026, by calling toll-free (from U.S./Canada) 877-660-6853; international callers dial +1 201‑612‑7415. Use the passcode 13761436.
About GXO Logistics
GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider and is positioned to capitalize on the rapid growth of ecommerce, automation and outsourcing. GXO has more than 150,000 team members across more than 1,000 facilities totaling more than 200 million square feet. The company serves the world’s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut. Visit GXO.com for more information and connect with GXO on LinkedIn, X, Facebook, Instagram and YouTube.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
A $60,000 retirement paycheck sounds like a single target, but a portfolio can produce it in very different ways. A lower-yield portfolio demands more capital upfront but may give the income room to grow. A high-yield portfolio can shrink the capital requirement, but it usually asks the investor to accept more credit risk, distribution risk, or principal volatility.
The 10-year Treasury recently yielded about 4.4%, while the federal funds target range stood at 3.50% to 3.75%. Core PCE inflation was 3.4% year over year in May 2026, up from 3.3% in April, so the income built today still needs a path to grow. That tension between current yield and purchasing power drives a portfolio that can run without constant tinkering.
The Conservative Anchor: 3% to 4% Yields At a 3.5% yield, $60,000 of income requires roughly $1,714,000 of capital. At 4%, the figure drops to $1,500,000. This tier holds dividend growers, regulated utilities, and broad equity income funds. The starting yield looks modest, but the raise schedule is the reason to own it.
Johnson & Johnson (NYSE:JNJ | JNJ Price Prediction) yields about 2.2% after a strong run, but its board just lifted the quarterly payout to $1.34, extending a streak of 64 consecutive annual increases. Procter & Gamble (NYSE:PG) yields 2.8% and has raised the dividend for 70 straight years. Southern Company (NYSE:SO), the Atlanta utility, yields about 3.1% and sits in the path of Southeastern data center load growth.
Total return still matters. A dividend stock can look conservative on yield and still create wealth through a combination of rising payouts and price appreciation. The correct comparison is not yield alone, but income growth plus total return over the same holding period.
The Middle Ground: 5% to 7% Yields Halve the capital by doubling the yield. $60,000 at 6% needs $1,000,000. At 7%, about $857,000.
Realty Income (NYSE: O) is the anchor many retirees know. It pays monthly and reported its 114th consecutive quarterly dividend increase in March 2026. AFFO per share increased 6.6% year over year to $1.13 in the first quarter, and 2026 AFFO-per-share guidance implied projected annual growth of 3.0% to 3.7%. The trade-off is that the higher starting yield usually comes with slower income growth than the best dividend growers.
The High-Yield Edge: 8% to 12% At 10%, $600,000 throws off $60,000. At 12%, $500,000.
Business development companies dominate here. Ares Capital (NASDAQ:ARCC) yields about 10.7% and earns a weighted 10% on its debt portfolio. Main Street Capital (NYSE:MAIN) yields about 6.1% on the regular monthly distribution, with quarterly supplementals of $0.30 that lift the all-in rate by another two to three points.
Distribution history is where this tier earns its warning label. ARCC’s $0.48 regular quarterly dividend has been steady recently, while Main Street’s regular monthly payout has risen to $0.265. That is real income, but it is not the same profile as a 60- or 70-year dividend-growth record. High current yields can work, but they should be stress-tested against credit losses, rate changes, and market-price declines.
What the Math Actually Says A 3.5% yield with income compounding at 7% doubles the payout in about 10 years. A 10% yield with flat distributions stays flat in nominal dollars, and after 3% inflation the real income shrinks every year. The conservative tier asks for more capital upfront and rewards patience. The aggressive tier asks for less capital and pays more now, but with a higher risk that income or principal disappoints.
A practical structure can blend them: a core of dividend growers like JNJ, PG, and Southern that aim to lift income each year, with a satellite in Realty Income and ARCC to fill part of the current income gap.
A Better Allocation Check Pull your last two years of actual spending, not your pre-retirement salary. The income you need to replace is often smaller than the number you carry around.
Compare total return, not just yield. Put a dividend-growth stock, a REIT, and a high-yield BDC on the same chart with dividends included. The question is whether the higher current payout also preserved or grew principal.
Model the tax treatment. Qualified dividends are taxed at lower capital-gain rates when IRS rules are met, while ordinary dividends are included in ordinary income. REIT and BDC distributions often receive less favorable treatment than qualified dividends, so the same $60,000 of pre-tax income can land differently in a taxable account than in an IRA. The Portfolio Has to Work After Year One A $60,000 retirement paycheck is not just a yield problem. It is a durability problem. The right mix has to pay enough now, grow enough later, and survive the tax and market realities in between. A higher yield can close an immediate income gap, but the portfolio still has to fund the years when inflation has made today’s paycheck feel smaller.
Contact [email protected] for any questions or corrections.
KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on will release 2026 second quarter and six-month results on Thursday, July 23, 2026 with a call discussing the results to follow at 10:00 am ET.
Nordstrom's Anniversary Sale is the strongest one yet with over 100 brands participating including over 50 for the first time.
Courtesy of Nordstrom
Nordstrom, which is celebrating its 125th year in business, is planning bold moves with this year’s iconic Nordstrom Anniversary Sale. in an interview with Jamie Nordstrom, chief merchandising officer, he talks about what it means to steward a tradition that goes back to the 1960’s. As the fourth-generation member of the founding family, said, “There's something really special about being part of a tradition that spans generations. Customers tell us they shopped the Anniversary Sale with their parents, and now they're bringing their own kids. That kind of connection doesn't happen by accident.”
Typically, most retailers put items on sale at the end of the season and for spring merchandise that would be in July. However, Nordstrom reversed this idea more than 60 years ago by providing new fall goods at a discounted price before the season starts. Nordstrom figured out that by giving customers first access to next season’s fashion, at a discounted price it positioned the Anniversary Sale as a way to build loyalty with its customers and attract new ones.
Curate Products And They Will Come“That original idea, to bring customers the best new fall merchandise before the season starts at a price that rewards them for shopping early, is still exactly what we do. That hasn't changed. And I want to be clear: this isn't a clearance sale. That's an important distinction. This is genuinely unique in the industry. The model works because everyone wins,” explains Nordstrom.
The buyers are working year-round to curate products and negotiate with vendors to bring forth great products for the sale. “Our customers want something new and we want to inspire that sense of discovery. Curation starts with the customer. What are they asking for, what's resonating, what brands do they love that they haven't been able to find at Nordstrom before. That's really at the heart of what the Anniversary Sale is,” said Nordstrom.
More Than 100 Brands Participating In The Nordstrom Anniversary SaleNordstrom is presenting the strongest lineup this year and have more than 100 brands that are participating with 50 new brands joining for the first time. Brands this year include Reformation, Mejuri, Puma, H&M, JVN Beauty, and Therabody. “It's a meaningful expansion for an event that already functions as a discovery engine for shoppers looking for what's new heading into fall,” said Nordstrom.
MORE FOR YOU
As Nordstrom celebrates 125 years, its Anniversary Sale continues to make its mark with early access, new brand participation, real value, and an experience worth showing up for.
Courtesy of Nordstrom
The Anniversary Sale continues to be an event that demonstrates a model that works for everyone. “It's good for the customer, good for us, and good for the brands,” said Nordstrom.
A Win for Brands and Shoppers AlikeThe buyers are placing orders in advance of the fall season which gives the brands their orders earlier. The brands can begin production in advance of the season and are benefitted from early reads from customer shopping behaviors and preferences.
“We've found that brands actually sell more in the fall when they're part of the Anniversary Sale,” expressed Nordstrom. Customers are benefited by enjoying fall fashions at discount and access to new and refreshed assortments each year. In addition to the new brands participating, the company is amplifying the in-store experiences in celebration of its 125 years coupled with the Anniversary Sale.
Gamifying the In-Store ExperienceIt's a smart hedge against the reality that a sale, on its own, is not an experience. A block party is. And in-store, the company has planned Glam Up Days, a beauty department takeover called the Beauty Bash, accessories trunk shows, hidden ‘Golden Hanger’ giveaways on select Saturdays, and scratch-ticket sweepstakes for early shoppers all layer gamification on top of the core discount event.
How Shoppers Engage With the Sale Has Evolved“The Anniversary Sale has always been a cultural moment, and how customers engage with it has really evolved over the years. Twenty or thirty years ago, customers would line up outside our doors on the first day of the Sale,” explains Nordstrom. “That energy was incredible. Now with online shopping, the behavior has shifted. Customers are building their wish lists in advance, grabbing their must-have items online first and then coming into the store to discover more. They're making multiple trips across both channels, and we need to show up well regardless of how they choose to shop.”
A Model Built to Last“We are the original summer sale. We've spent decades earning the trust that comes with that, and the model will sustain itself because it's built on the foundation of great product, real value, and a genuine partnership with our brands and our customers, said Nordstrom.
As the retailer marks 125 years in business, the Anniversary Sale remains the clearest expression of the strategy that built the company: give customers something worth waiting for, give brands a reason to lean in early, and give shoppers an experience, not just a discount. With more than 100 brands, expanded block parties, and new in-store activations layered onto a decades-old formula, Nordstrom is betting that the same model that built loyalty across generations of shoppers will carry it into its next chapter.
DULUTH, Ga., July 9, 2026 /PRNewswire/ -- AGCO (NYSE: AGCO) today announced its second-quarter 2026 earnings release conference call is scheduled for Thursday, July 30, at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO's website at www.agcocorp.com under the "Investors" Section. The webcast will also be archived immediately afterward for 12 months.
About AGCO:
AGCO (NYSE: AGCO) is a global leader in agricultural machinery and precision agriculture technologies. Driven by a Farmer-First strategy, AGCO delivers value through its differentiated leading brands, Fendt™, Massey Ferguson™, PTx™ and Valtra™. AGCO's high-performance equipment and smart farming solutions, including brand-agnostic retrofit technologies and autonomous offerings, empower farmers to drive productivity while sustainably feeding the world. For more information, visit www.agcocorp.com.
Additional AGCO News
AGCO Unveils "Legacies of the Land" Campaign Honoring Farming Families for America's 250th AGCO Advances Fuel Efficiency Across Its Fendt®, Massey Ferguson® and Valtra® Brands AGCO's Valtra® Produces 1000th CVT at Suolahti, Finland, Factory SOURCE AGCO Corporation
Exchange Rates UK Research's latest July 2026 survey of leading investment banks suggests the euro is likely to recover some ground against the pound over the next 18 months.
With EUR/GBP currently trading near 0.8534—its lowest levels in around a year—the majority of institutions expect the pair to climb back into the 0.87-0.89 range through 2027.
Only a handful of banks forecast Pound Sterling maintaining its recent outperformance.
Image: EUR/GBP exchange rate forecasts chart- survey results July 2026 Latest Survey Suggests Pound Strength May Be Peaking The latest Exchange Rates UK Research poll points to a relatively clear consensus that sterling's recent gains against the euro will become harder to sustain.
Banks including Danske Bank, Goldman Sachs, ING, MUFG, SEB, Scotiabank, CIBC, JP Morgan and Rabobank all expect EUR/GBP to trade between 0.88 and 0.90 during 2027.
At the other end of the spectrum, Bank of America is the most bullish on sterling, forecasting EUR/GBP around 0.83-0.84, while Credit Agricole and Pantheon Macro also expect the euro to remain relatively weak.
Overall, however, the survey average points towards a modest recovery in EUR/GBP from current exchange rate levels rather than a continuation of Pound Sterling's strong rally.
That reflects recent market action.
EUR/GBP has fallen steadily over recent months, dropping from above 0.87 in the spring to around 0.853, its weakest level since mid-2025.
The move has been driven by broad sterling strength, with the pound outperforming most major currencies during June and early July.
ECB and Bank of England Outlooks Remain Central The differing forecasts largely reflect uncertainty over how monetary policy will evolve on either side of the Channel.
Pound Sterling has been supported by expectations that the Bank of England will keep interest rates relatively restrictive as inflation remains elevated, while political uncertainty has eased following recent developments in UK domestic politics.
Meanwhile, the euro continues to receive support from expectations that the European Central Bank could tighten policy further if energy-driven inflation proves more persistent, although policymakers have stressed that future decisions remain highly data dependent.
The result is that many banks now expect the interest-rate gap between the UK and Eurozone to narrow gradually, limiting sterling's ability to extend recent gains.
EUR/GBP Outlook: Survey Points to Euro Recovery, Not Reversal The latest Exchange Rates UK Research survey suggests EUR/GBP is more likely to recover gradually than stage a sharp rebound.
Most institutions continue to expect the exchange rate to remain below the long-term averages seen before the inflation shock of 2022, but equally believe current levels underestimate the euro's medium-term prospects.
For businesses and travellers, the survey implies that today's favourable pound-to-euro exchange rate may not be available indefinitely.
If the consensus proves correct, Pound Sterling could surrender part of its recent gains as monetary policy expectations converge and the euro area economy gradually stabilises.
The Australian Dollar has steadied near 0.6940 against the US Dollar after giving back part of this week's gains following a sharp rally at the start of July.
UOB believes the recent pullback is likely to prove temporary, with upside momentum continuing to build for the Australian Dollar.
The bank expects AUD/USD to remain range-bound between 0.6900 and 0.6950 over the next 24 hours, arguing that any further weakness should be limited.
According to UOB, "upward momentum is building tentatively, and the risk of AUD breaking above 0.6980 is increasing."
The bank believes this positive bias will remain intact provided AUD/USD holds above the key support level at 0.6900.
While UOB continues to expect further gains over the coming weeks, it remains cautious over the longer-term outlook. The bank maintains its one-to-three-month bearish view, warning that if AUD/USD falls below 0.6835, the next downside target would be the 2025 high around 0.6707.
For now, UOB expects the Aussie to consolidate before making another attempt to challenge resistance around the 0.6980 level.
Technical Indicators and Support Boundaries A breakdown below $3,900, I think, opens up a floor down to the $3,500 level in this market, and I think that’s probably pretty likely. Anytime this market rallies it seems to struggle, and with a reasonably strong US dollar, that’s going to continue to be a problem. Ultimately, I like the idea of perhaps fading short-term rallies that show signs of exhaustion, but really, at this point in time, I’m not overly aggressive.
I think gold is going to remain very noisy and that will probably be the way this market plays out for some time. With this, I like the idea of fading the first signs of exhaustion. I’m not really a big fan of jumping in with both feet, but I do recognize that if we break down, that could get ugly really quickly. If that’s going to be the case, then I anticipate that traders will continue to push and push, probably with a US dollar that’s rising at the same time.
, /PRNewswire/ -- Hub Group, Inc. (NASDAQ: HUBG) and certain of its current and former executives (together, "co-defendants") face a securities class action lawsuit, which seeks to represent investors who purchased or acquired Hub Group securities between April 28, 2023 and May 11, 2026.
The development follows the company's surprise revelations that its financial reports going back to 2023 were "materially misstated and should no longer be relied upon" and corrective actions taken against two senior executives.
National shareholder rights firm Hagens Berman continues to investigate legal claims that Hub Group and its co-defendants violated the federal securities laws and urges investors who suffered significant losses to submit your losses now.
Class Period: Apr. 28, 2023 – May 11, 2026
Lead Plaintiff Deadline: Aug. 28, 2026
Visit: www.hbsslaw.com/investor-fraud/hubg
Contact the Firm Now: [email protected]
844-916-0895
Hub Group, Inc. (HUBG) Securities Class Action:
The lawsuit focuses on the propriety of Hub Group's repeated assurances that its financial statements were prepared in conformity with applicable accounting rules.
Contrary to these assurances, the complaint alleges that throughout the Class Period the co-defendants made false and misleading statements concerning Hub Group's premature and incorrect revenue recognition and understatement of purchased transportation costs and accounts payable.
Investors learned the truth through a series of Hub Group's partial disclosures about its accounting and ramifications for certain of its executives.
First, on February 6, 2026, investors saw the price of their Hub Group shares crater $9.37 (-18%) after the company (while touting that "[a]ccuracy and transparency in reporting on our performance is of utmost importance[]") revealed that during the first nine months of 2025 it had understated purchased transportation costs and accounts receivable by $77 million. Accordingly, the company said investors should not rely on its Q1 – Q3 2025 financial statements and it plans to restate them.
Second, on May 12, Hub Group shares tumbled again – this time, shares fell $5.24 (-12.5%) – on new disclosures much worse than on February 6. The company said its financial statements for the years ended December 31, 2023 and 2024 were materially misstated and that investors should no longer rely on those either. Hub Group explained only that it "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported[]" and cautioned it was continuing to review "additional accounting issues that may potentially further impact" the 2023 and 2024 financial statements.
Between February 5, 2026 (the day before Hub Group's first partial corrective disclosure) and May 12, 2026, shareholders have seen over $890 million of Hub Group's market capitalization wiped out.
After the Class Period, on June 2, 2026, Hub Group announced that Chief Financial Officer Kevin Beth and Chief Operating Officer Brian Meents both left the company on May 27. The company said the executive departures were part of its corrective actions related to its financial statement review.
"Now that Hub Group has almost cleaned out its C-suite following accounting improprieties reaching all the way back to 2023, the core focus of our investigation is whether they were intentional or reckless with the goal of making financial metrics appear better than they actually were. We're also looking to see whether additional problems will surface when the company's review is completed," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.
If you invested in Hub Group and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now »
If you'd like more information and answers to other frequently asked questions about the Hub Group case and the firm's investigation, read more »
Whistleblowers: Persons with non-public information regarding Hub Group 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.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
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GRAND RAPIDS, Mich., July 9, 2026 /PRNewswire/ -- UFP Industries (Nasdaq: UFPI) will announce second quarter 2026 results after the market close on Wednesday, July 29, 2026.
A conference call to discuss these results will take place on Thursday, July 30, 2026, at 10:00 a.m. Eastern Time, hosted by Will Schwartz, President and Chief Executive Officer, and Mike Cole, Chief Financial Officer.
A live audio webcast of the call along with supporting materials can be accessed using the following link or on the UFP Industries Investor Relations website. (www.ufpinvestor.com).
A replay of the call will be made available on the company's website for at least 90 days.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Considering buying CHWY stock? Here’s what analysts think:
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, /PRNewswire/ -- Hagens Berman, a national shareholder rights firm, alerts investors in Commvault Systems, Inc. (NASDAQ: CVLT) that a newly filed securities class action lawsuit has expanded the alleged class period. The lawsuit now covers investors who purchased or otherwise acquired Commvault securities between January 28, 2025, and January 26, 2026, inclusive.
Hagens Berman is investigating the claims pled in the pending litigation and encourages Commvault investors who suffered substantial losses to submit your losses now.
View our latest video summary of the allegations: www.youtube.com/watch?v=MUMo4d2ZLkI
Expanded Alleged Class Period: Jan. 28, 2025 – Jan. 26, 2026
Lead Plaintiff Deadline: July 17, 2026
Visit: www.hbsslaw.com/investor-fraud/cvlt
Contact the Firm Now: [email protected]
844-916-0895
Expanded Scope of Allegations
The new suit, City of Fort Lauderdale Police and Firefighters' Retirement System v. Commvault Systems, Inc., et al., extends the start of the alleged fraud period from April 29, 2025, back to January 28, 2025. This expansion captures a broader range of investor activity and expands the claims brought against the company and its senior executives regarding their business disclosures.
Focus of CVLT Securities Class Action Litigation:
The litigation alleges that Defendants misrepresented and failed to disclose that:
Commvault's competitive positioning was materially weaker than Defendants had represented to investors; Due to the undisclosed increase in competition, Commvault was forced to make significant concessions on price and contract duration for its software licenses; As these concessions became unsustainable, SaaS became a larger portion of the Company's sales mix; The increasing mix of SaaS sales, which carry shorter term durations and lower ASPs, negatively impacted the Company's margin and NNARR; and As a result, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. The truth allegedly emerged before markets opened on January 27, 2026, when Commvault announced its third-quarter fiscal year 20261 financial results. Commvault disclosed NNARR in constant currency of $39 million, missing analysts' expectations of approximately $45 million. Chief Accounting Officer Danielle Abrahamsen ("CAO Abrahamsen") revealed that the mix of SaaS deals increased to "70%" during the quarter and highlighted that "landing these customers at a 2 to 3x smaller ASP than software . . . does have a significant impact on ARR."
On this news, the price of Commvault common stock fell $40.23 per share, or about 31%, to close at a price of $89.13 per share on January 27, 2026.
HBSS Investigation
"We continue to investigate whether Commvault misled investors about its operational performance and financial reporting during the alleged expanded class period, as the new complaint contends" said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the pending claims.
If you invested in Commvault 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 frequently asked questions about the Commvault case and the firm's investigation, read more »
View our latest video summary of the allegations: youtu.be/YILiBV90q2w
Whistleblowers: Persons with non-public information regarding Commvault 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.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
AstraZeneca said Wainua “did not provide a statistically significant benefit” over a placebo in preventing deaths in patients with transthyretin amyloid cardiomyopathy. (Mikael Sjoberg/Bloomberg)
AstraZeneca shares slumped after the British-Swedish drugmaker announced a late-stage trial failure, denting the commercial prospects for its gene silencing drug. Analysts were seeing an overreaction.
Bitcoin developers have rolled out Bitcoin Core version 31.1, a maintenance release that contains bug fixes and performance enhancements.
The new software notably addresses a significant privacy vulnerability that risked exposing node operators' network data.
Plugging the privacy leakA security vulnerability within the platform's privacy configurations is the most notable patch that has been delivered with the new release. Specifically, the update delivers a fix for an IP address leakage issue.
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The software "fixes an IP address leak when using the -privatebroadcast feature."
The privacy mechanism was failing to route data securely under certain conditions.
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However, the update now ensures that node operators can remain anonymous without inadvertently revealing their clearnet IP addresses.
Fixing disk overload and wallet tweaksOn top of the security patch, Bitcoin Core v31.1 also resolves a flaw within its database engine that was causing hardware strain. The release contains fixes for the "-privatebroadcast IP address leak as well as leveldb causing excessive disk operations."
This version specifically "fixes an issue where the chainstate database would repeatedly rewrite large portions of itself, causing excessive disk reads and writes during normal operation."
The wallet infrastructure also received important maintenance. Under the designated wallet changes, the development team integrated pull request o "check the final BDB page LSN during migration" alongside a fix to "use outpoint when estimating input size."
Node operators have to promptly update their systems to benefit from the security and database improvements. Users have to shut down their active node entirely before installing the new binaries.
AI Financial Corporation, the Nasdaq-listed company formerly known as ALT5 Sigma, is in talks to sell its core payments business for up to $15 million, marking a sharp reversal for a firm tied to the Trump family-linked crypto project World Liberty Financial.
Perpetuals.com said it has signed a non-binding term sheet to explore the potential acquisition of AI Financial’s profitable subsidiary, Alt5 Sigma Canada Inc. The company said it is conducting due diligence and that no final decision has been made. The Wall Street Journal reported that the deal under discussion would include $5 million in stock upfront, up to $10 million tied to performance, and the assumption or settlement of AI Financial’s debts.
The potential sale comes less than a year after AI Financial became closely associated with World Liberty Financial, the decentralized finance project promoted by members of the Trump family. The company raised large sums to acquire WLFI tokens, turning its balance sheet and market narrative toward the Trump-linked crypto venture. That strategy initially attracted attention from crypto traders and political investors, but the financial outcome has since deteriorated sharply.
Reports said AI Financial’s shares have fallen more than 90%, while the value of its WLFI token holdings has declined about 70%. The company’s market value has reportedly dropped to around $80 million, underscoring the gap between the earlier crypto-linked fundraising narrative and the current value of its operating business.
A Payments Business Put on the Block The proposed transaction centers on Alt5 Sigma Canada, the payments and transaction-processing unit that formed the core of AI Financial’s original business before its rebrand. Perpetuals.com, a blockchain company, said the acquisition could support its growth and complement its product roadmap, but emphasized that the term sheet is non-binding.
The valuation being discussed is striking because AI Financial had previously positioned itself as a bridge between payments, tokenization and AI-driven financial infrastructure. The company changed its Nasdaq ticker from ALTS to AIFC in April 2026 and said the rebrand reflected a broader strategic evolution. A sale of the payments subsidiary would leave questions about what remains of that strategy beyond its crypto treasury exposure and related digital-asset ambitions.
The talks also highlight the risk of combining a small public company with a highly volatile token strategy. When a company’s valuation becomes closely tied to a crypto asset, shareholders can be exposed to both operating-business risk and token-market volatility. In AI Financial’s case, the decline in WLFI and the collapse in its share price appear to have weakened the investment thesis that drove the earlier market interest.
For Perpetuals.com, the asset may be more attractive as a standalone payments infrastructure business than as part of a politically charged crypto-treasury vehicle. The reported structure, with most of the consideration tied to performance, suggests the buyer is seeking protection against operational or balance-sheet risks.
Trump Crypto Links Draw Scrutiny The political dimension makes the transaction more sensitive than a normal fintech asset sale. World Liberty Financial has been promoted by members of the Trump family, and reporting has said Trump-related entities were entitled to a large share of WLFI token-sale proceeds. The Wall Street Journal reported that AI Financial’s WLFI purchases generated about $540 million in cash for Trump-related entities, even as later investors faced steep losses.
The White House and Trump representatives have previously denied conflicts of interest, arguing that President Donald Trump’s business interests are managed separately and that official actions are taken in the public interest. Still, the AI Financial episode adds to scrutiny over the overlap between political branding, public-company financing and crypto token sales.
The broader market impact is reputational rather than systemic. AI Financial is not large enough to threaten the wider crypto market, and the possible sale of its payments business is unlikely to affect major token prices. But the episode shows how quickly crypto-linked public-company strategies can unravel when token prices fall and operating businesses fail to support inflated valuations.
For investors, the lesson is that political visibility and crypto branding do not replace fundamentals. A company can raise capital around a high-profile token strategy, rebrand around AI and digital assets, and still be forced to sell its core business at a modest valuation if earnings, liquidity and market confidence deteriorate.
Until a binding agreement is announced, the transaction remains uncertain. But even the discussions point to a major reset for AI Financial. A business once promoted around payments, tokenization and Trump-linked crypto exposure may now be reduced to selling its original operating unit for a fraction of the capital raised during the height of its crypto pivot.
Perpetual futures are right now crypto’s most active trading category. DefiLlama data showed $21.9 billion in perp DEX volume over 24 hours on July 3, 2026, with open interest across derivatives protocols at about $15.5 billion.
But the market is dominated and defined by Hyperliquid. The exchange led the sector with about $250.5 billion in 30-day perp volume, leaving little serious competition at the top.
That gap explains why new trading chains are still entering the market. The demand is clear, but the winner is not yet protected by regulation, brand loyalty, or deep institutional lock-in.
AFX is one of the newer challengers. It is a sovereign Layer 1 built around perpetual futures, with a fully on-chain order book, on-chain matching and settlement, zero-gas execution, 100ms median latency, fair ordering, and MEV-resistant protection.
On paper, the pitch is long. But the actual goal is simple: give traders Hyperliquid-style speed and liquidity, but with more of the trading stack moved fully on-chain.
AFX Daily Perp Volume and TVL. Source: DeFiLlama PlatformCore modelWhat it has provedWhere AFX differsHyperliquidCustom trading L1Deep perp liquidity and strong trader adoptionAFX follows a similar trading-chain thesis, but from a much earlier basedYdX ChainCosmos-based appchainPerp DEXs can leave shared execution environmentsAFX pushes more of the order flow and matching process on-chainGMXPooled liquidity and oracle pricingTraders will use pool-backed leverage without a central order bookAFX is built around exchange-style order book tradingDriftSolana-native hybrid modelFast execution can support active perp tradingAFX uses a sovereign L1 rather than Solana infrastructureLighterZK-verified derivativesVerification can become part of exchange designAll fees are redistributed to usersAevoRollup-based derivativesDerivatives can run through a dedicated rollupAFX takes the more vertically controlled L1 route The comparison is not whether AFX has more features than these platforms. The real question is whether its design solves the problems that matter during live trading: fast order placement, reliable cancels, deep maker liquidity, stable liquidations, and predictable execution when markets move sharply.
AFX Vs. Hyperliquid and dYdX AFX sits closest to Hyperliquid and dYdX, but the comparison is practical rather than one-to-one.
Hyperliquid is the liquidity benchmark. It has already proved that a custom trading L1 can attract serious perp volume, open interest, and trader mindshare.
AFX follows a similar high-performance trading-chain thesis, with 100ms median latency, zero-gas execution, on-chain orderbook trading, and deterministic ordering. Its challenge is proof: deeper liquidity, more market makers, and a longer record during volatile markets.
We didn't build another app.
We built the chain beneath it.
A sovereign Layer 1 where execution, settlement and risk management all happen fully onchain.
Designed for professional traders.
Ready for autonomous AI agents.
The next generation of perp trading starts here.… pic.twitter.com/JwSqMEeU9v
— AFX Trade (@AFX_XYZ) July 7, 2026 dYdX is the architecture benchmark. Its Cosmos-based chain uses in-memory orderbooks to keep trading fast while blocks sync the final state.
AFX pushes more of the trading process on-chain, including order placement, matching, and settlement. That gives traders more visible execution data, but it also raises the performance test.
Perp traders punish slow cancels, delayed matching, and weak liquidation systems quickly.
AFX Versus Lighter, Drift, and Aevo Lighter, Drift, and Aevo really show how varied the perp DEX field has become:
Lighter emphasizes ZK verification for matching and liquidations; Drift uses Solana-native execution with a hybrid system combining an AMM and a central limit orderbook; Aevo uses an EVM-based optimistic rollup for derivatives trading. AFX differs through vertical control. It uses a trading-specific L1 and aims to coordinate consensus, orderbook execution, settlement, margin, liquidation, APIs, and trader UX inside one dedicated system.
This is also where the AI-agent angle becomes important. AFX offers agent wallets that can place, cancel, and modify orders, update leverage and margin mode, and receive private WebSocket data.
Moreover, users can limit agent permissions for withdrawals, transfers, agent authorization, revocation, and vault operations.
Risk Design During Market Stress Perp DEX quality becomes visible during volatile markets. Mark-price design, liquidation mechanics, and backstop liquidity determine whether traders face orderly execution or unstable loss socialization. A strong venue needs risk controls able to hold up when price moves become fast, liquidity thins, and leverage unwinds at once.
AFX highlights several risk controls: manipulation-resistant mark pricing based on native orderbook data and external exchange feeds, staged liquidations, backstop liquidity through its vault, and capped open interest per market.
Security also deserves a word. Zellic’s public audit repository lists an AFX Bridge audit from May 2026 on EVM, which supports mention of a third-party audit for the bridge scope.
A Note on Incentives and Trader Alignment Perp DEXs often compete through points, rebates, fee tiers, maker rewards, vault yield, and revenue sharing. These tools can seed order flow, attract market makers, and reward active traders, although long-term value depends on sticky liquidity after rewards cool.
AFX’s VIP Program is a great example, where high-volume traders can receive lower fees and a share of platform fee revenue, with 30% to 50% of protocol revenue allocated across eligible tiers.
Importantly, AFX’s revenue sharing may help attract professional traders, but its durability will depend on execution quality, spreads, open interest, trader retention and more.
AFX Tokenomics and Community Distribution AFX’s tokenomics also support its active-trader positioning. The model is built around community distribution first, with 73% of the 1 billion token supply allocated across genesis distribution, protocol incentives, core community, and ecosystem development.
The largest single bucket is protocol incentives at 30%, which means the token model is designed to reward ongoing trading activity, liquidity participation, and node staking rather than only early access.
Genesis distribution accounts for 27% of supply and is fully unlocked at TGE, creating meaningful early float from day one instead of concentrating liquidity around delayed unlocks.
How AFX Promises to Distribute Its Revenue. Source: Medium AFX also has no VC allocation and no private rounds, which gives the token model a user-participation angle rather than a private-investor allocation structure. Core contributors receive 19% of supply, but this allocation has no TGE unlock, a one-year cliff, and 36-month linear vesting. This ties contributor incentives to longer-term protocol development rather than immediate liquidity.
The treasury allocation is set at 8% and is intended for compliance, infrastructure, and risk reserve needs under governance and foundation discretion. Points also connect current user activity with future token distribution, with a fixed 10 million-point pool across three seasons and conversion expected at TGE.
Who AFX Is Really Built For AFX makes the most sense for traders who care about execution control rather than simple leveraged exposure.
Active perp traders who want order book trading, fast order placement, and more control over entries, exits, and cancellations. Market makers and high-volume traders who need low fees, API access, predictable sequencing, and enough technical transparency to monitor execution quality. On-chain-native traders who prefer public settlement, visible order flow, and a trading stack that keeps more of the exchange process on-chain. Automated strategy builders who want agent wallets, private WebSocket data, and permission controls for bots or AI-assisted trading systems. Traders looking beyond crypto pairs who want perpetual exposure to stocks, indices, metals, and commodities inside a crypto-native venue. AFX is less suitable for casual users, passive DeFi investors, or traders who only want a simple leverage product with minimal setup. It is also not the obvious first choice for users who prioritise the deepest existing liquidity, the longest operating history, or the broadest stress-tested track record.
For those traders, Hyperliquid, dYdX, or GMX may still feel safer until AFX proves its liquidity, uptime, and liquidation design across more volatile market cycles.
The open issue is proof. AFX has early volume, a defined technical thesis, and a set of features aimed at active traders, but the strongest perp venues are judged over time. Liquidity depth, uptime during volatility, liquidation behavior, independent audits, and trader retention will matter more than launch metrics.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
MANCHESTER, N.H., July 09, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its first quarter fiscal year 2027 prior to the market open on Thursday, July 30, 2026. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D’Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company’s results and business outlook.
Analysts and investors are invited to join the conference call using the following information:
First Quarter Fiscal Year 2027 Earnings Conference Call
Date: Thursday, July 30, 2026
Time: 8:30 a.m. ET
Live Webcast Link: Click Here
Dial-in Participant Registration Link: Click Here
Advanced registration is required for dial-in participants. Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference call.
A live and archived audio webcast of the conference call will also be accessible for at least 90 days on the Company’s website at www.allegromicro.com/investors in the Events & Presentations section.
About Allegro MicroSystems
Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs to propel electrification, automation, AI data center, and robotics forward with solutions that enhance efficiency, performance and sustainability. Allegro’s commitment to quality drives transformation across industries, reinforcing our status as a pioneer in "automotive-grade" technology and a partner in our customers' success. For additional information, visit https://www.allegromicro.com/en/.
Contact: Jalene Hoover
VP of IR & Corporate Communications
Phone: +1 512 751 6526 [email protected]
Itron, Inc. remains a 'hold' as near-term fundamentals are expected to weaken despite recent share price declines. Revenue and profitability continue to decline, with Q1 2026 revenue down to $587M and net income dropping to $53.5M. Backlog and orders are contracting, signaling further revenue pressure; Q2 2026 guidance also points to lower sales and earnings.
NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (together with its affiliates, “Steel”), a significant, long-standing shareholder of InMode Ltd. (“InMode” or the “Company”) (NASDAQ: INMD), today issued a letter to the Board of Directors (the “Board”) of the Company, offering to acquire 100% of the shares of InMode for $16.75 per share in cash. The full text of the letter is below. July 9, 2026 VIA ELECTRONIC MAIL InMode Ltd. Tavor Building, Sha'ar Yokneam P.O. Box 533 Yokneam 2069206 Is.
Completing one of the company's largest, most complex transformations to date, DXC has migrated over 400,000 Wilton Re policies to a single, modern cloud platform. Lays the foundation for Wilton Re's future AI capabilities and operational efficiencies. Marks a 20-year partnership that has supported Wilton Re's growth from ~5,000 policies in 2005 to more than 500,000 today, with DXC operating core insurance functions end to end. , /PRNewswire/ - DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced the successful completion of one of the largest transformation programs in the company's history with Wilton Re, a leading acquirer of life and annuity in-force blocks of business. The program converted over 400,000 policies from prior DXC technologies onto DXC's most advanced, cloud-based insurance policy administration ecosystem. This milestone was achieved through the combination of DXC's insurance Business Process Services (BPS) expertise, large-scale conversion capabilities, and operational support model with Wilton Re's unique approach to risk management and extensive experience in executing these types of large transformations.
DXC and Wilton Re Mark 20-Year Partnership, Complete Cloud Conversion of 400,000 Policy Portfolio Designed and Built for the Future
Over the last 20+ years, Wilton Re has expanded its portfolio significantly, driving a growing need to rapidly integrate newly acquired life and annuity businesses. Each acquisition requires the conversion of unique systems, data structures, and servicing processes that must be migrated without disrupting the policyholder experience. To support future growth and accelerate onboarding, Wilton Re has standardized on DXC's Wealth Management Accelerator (wmA), a unified, cloud-based policy administration platform. By creating a common operating environment for acquired portfolios, Wilton Re expects to enable faster integration and greater operational efficiency while laying the groundwork for implementing future AI strategies.
"Our 20-year partnership with Wilton Re reflects what long-term execution with excellence at scale looks like. This transformation helps Wilton Re grow its business, integrate acquisitions faster, operate more efficiently, and deliver a better experience for policyholders. Together, we have completed one of the largest and most operationally complex transformation programs in our history, creating a foundation that will help Wilton Re integrate future acquisitions faster, operate more efficiently, and continue growing with confidence." — Ray August, President, DXC Insurance Software and Business Process Services
A Two-Decade Partnership Built to Scale
DXC BPS operates much of Wilton Re's core insurance environment, including policy administration, claims processing, and customer service, acting as an extension of Wilton Re's operations team. Backed by more than 6,000 insurance specialists globally, over 13 million policies and contracts under administration, and more than 200 successful conversions from legacy systems, DXC brings deep operational and conversion expertise to Wilton Re's business. With Wilton Re's acquisitions, DXC leads the integration of systems, data, product rules, processes, and, in some cases, operational teams from originating insurers, helping ensure a seamless transition for policyholders while accelerating integration timelines. Over the last two decades, DXC and Wilton Re have developed a repeatable, scalable conversion methodology and operating model, helping the company grow from approximately 5,000 policies in 2005 to more than 500,000 today.
"DXC has been far more than a technology provider. In addition to supporting the integration of multiple acquisitions, they play a critical role in our day-to-day operations, from policy administration and customer service to key financial processes. The partnership has helped us operate more efficiently, execute acquisitions more effectively, and better serve our policyholders while maintaining the high standards that define our business. Over the past two decades, our collaboration has become a benchmark for the industry."— Enrico Treglia, Senior Advisor, Wilton Re
Built for the Next Phase of AI-Powered Growth
By consolidating onto wmA, Wilton Re has established a modern cloud foundation capable of supporting future AI-enabled workflow capabilities without requiring additional core system transformations, creating a foundation for continued innovation and operational efficiency as the company expands.
With more than 40 years of insurance industry expertise, DXC is a trusted partner to 21 of the top 25 insurers worldwide. As a leading provider of core insurance platforms, products, and services, DXC helps insurers modernize core operations, improve efficiency, and deliver better customer experiences through AI-powered innovation.
To learn more, visit www.dxc.com/insurance.
About DXC Technology
DXC Technology (NYSE: DXC) is a leading enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations — helping them harness AI to drive outcomes at a time of exponential change with speed. With deep expertise in Managed Infrastructure Services, Application Modernization, and Industry-Specific Software Solutions, DXC modernizes, secures, and operates some of the world's most complex technology estates. Learn more on dxc.com.
About Wilton Re
Wilton Re is a leading provider of in-force and reinsurance solutions in the North American life insurance industry. With its proven experience, Wilton Re creates customized solutions that address the capital and operational needs of its clients. Our core Administrative Reinsurance solution has been the industry standard for remediating legacy administration systems alongside blocks of legacy life insurance and annuities. Over the past 22 years, we have converted 27 legacy systems to our DXC-based administration platform while gaining cost efficiencies and enhancing technologies, controls, and administrative processes for our counterparties. For more information about Wilton Re, please visit www.wiltonre.com.
On Monday, Crinetics and Vertex entered into a definitive agreement under which Vertex will acquire Crinetics for $85 per share in cash, representing a total equity value of approximately $10 billion.
Don’t forget to check out our premarket coverage here
Liz Young Thomas, SoFi’s head of investment strategy, recommended Vanguard Real Estate Index Fund ETF Shares (NYSE:VNQ).
Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked NVIDIA Corporation (NASDAQ:NVDA).
Nvidia shares gained Wednesday following reports suggesting China will let the top AI firms buy a limited amount of Nvidia H200 chips.
Price Action Vertex shares fell 4.6% to close at $498.43 on Wednesday. Roundhill Memory ETF rose 2.4% during the session. Nvidia shares gained 3.7% to close at $204.12 on Wednesday. Vanguard Real Estate Index Fund ETF Shares fell 1.6% during the session. Photo via Shutterstock
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CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its second quarter 2026 financial results after market close on Thursday, July 23, 2026.Byline Bancorp will also host a conference call and webcast at 9:00 a.m. Central Time on Friday, July 24, 2026 to discuss its financial results. Analysts and investors may participate in the question-and-answer session.Conference Call, Replay and Webcast Information:Date: Friday, July 24, 2026Time: 9:00 a.m. Central T.
July 09, 2026 07:00 ET | Source: ConnectOne Bancorp, Inc.
ENGLEWOOD CLIFFS, N.J., July 09, 2026 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the second quarter ended June 30, 2026, before the market opens on Thursday, July 23, 2026. Management will also host a conference call and audio webcast at 10:00 a.m. ET on July 23, 2026, to review the Company's financial performance and operating results.
Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1 (585) 542-9983, meeting ID: 646 211 267. Please dial in at least five minutes before the start of the call to register. An audio webcast of the conference call will be available to the public, on a listen-only basis, via the "Investor Relations" link on the Company's website https://www.ConnectOneBank.com or at http://ir.connectonebank.com.
An online archive of the webcast will be available following the completion of the conference call at https://www.ConnectOneBank.com or at http://ir.connectonebank.com.
About ConnectOne Bancorp, Inc.
ConnectOne Bancorp, Inc., is a modern financial services company that operates, through its subsidiary, ConnectOne Bank, and the Bank’s fintech subsidiary, BoeFly, Inc. ConnectOne Bank is a high-performing commercial bank offering a full suite of banking & lending products and services that focus on small to middle-market businesses. BoeFly, Inc. is a fintech marketplace that connects borrowers in the franchise space with funding solutions through a network of partner banks. ConnectOne Bancorp, Inc. is traded on the Nasdaq Global Market under the trading symbol "CNOB," and information about ConnectOne may be found at https://www.connectonebank.com.
Investor Contact:
William S. Burns
Senior Executive VP & CFO
201.816.4474; [email protected]
New leaders bring extensive leadership experience across life sciences, diagnostics, and medical technology
, /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced the appointment of Mike Sullivan as Chief Commercial Officer, effective July 20, 2026, and Julie Coletti as Chief Legal Officer, effective August 3, 2026.
The appointments add experienced leaders to Illumina's Executive Leadership Team as the company continues advancing its strategy, serving customers, driving growth, and delivering on its mission to improve human health around the world.
"We are excited to welcome Mike and Julie to Illumina," said Jacob Thaysen, chief executive officer of Illumina. "Mike brings deep commercial expertise, a customer-first mindset, and significant experience scaling global organizations, while Julie is a highly accomplished legal and business leader with deep experience across the life sciences and medical technology sectors. I look forward to working closely with both of them as we continue helping customers unlock new insights across genomics, multiomics, and human health."
Sullivan will be responsible for leading Illumina's global commercial organization. He brings more than 30 years of commercial leadership experience across diagnostics, precision medicine, healthcare, and life sciences, with a proven track record of driving growth, expanding customer adoption, and leading high-performing global teams.
Most recently, Sullivan served as Chief Commercial Officer at Caris Life Sciences, where he led the company's global commercial operations across oncology diagnostics and precision medicine. Prior to Caris, he held senior commercial leadership roles at Roche Diagnostics, Ortho Clinical Diagnostics, IDEXX Laboratories, and Abbott Diagnostics.
As Chief Legal Officer, Coletti will lead Illumina's global legal, regulatory, and government affairs teams and serve as corporate secretary to the Illumina Board of Directors. Coletti joins with extensive legal, regulatory, and governance expertise across the life sciences and medical technology sectors.
Previously, Coletti served as Chief Legal and Regulatory Officer at Align Technology. Prior to that, she held senior legal leadership positions at Danaher Corporation and Bayer HealthCare, advising executive leaders and boards of directors on a broad range of complex issues, including compliance matters, intellectual property, competition, governance, and public policy. She also serves as a director for Fortis Life Sciences, a provider of solutions to life science and diagnostic companies.
About Illumina
Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit illumina.com and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube.
Quantum computing may seem like some far-off technology that will never come about, but that's just not the case. There are several companies with early-stage quantum computers that are producing real results for clients, and could easily expand into more mainstream usage as the technology improves and computer size expands.
The current timetable for many quantum companies is around 2030, with major market expansion occurring by 2035. McKinsey & Company estimates that the annual quantum computing market could be worth up to $72 billion by 2030, leaving a huge market opportunity available for those who can seize it.
One betting favorite is IonQ (IONQ 0.62%), as it's currently the worldwide leader in one of the most critical areas: accuracy. With IonQ holding a world record in this field, it's a favorite to make it to the finish line, and it could make investors a fortune along the way.
Image source: Getty Images.
IonQ's approach to quantum computing is different than its peers As alluded to above, IonQ holds the world record in 2-qubit gate fidelity, a measurement that ensures the answer is correct after processing through two processing gates. Most companies struggle to reach 99.9% fidelity, but IonQ holds the record at 99.99%. While that's only an extra 0.09%, that is a ton in the quantum computing world. It's the difference between making one error out of every 1,000 operations or one error in every 10,000 operations.
IonQ has achieved this by using a unique architecture in its devices. Instead of a supercooling setup like many use, IonQ utilizes trapped-ion technology. This is inherently more accurate, although the trade-off is slower processing speeds. Still, the computing advantage that quantum provides is easily enough to justify these slower speeds.
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45.08
Because of IonQ's advantages, it's becoming a popular partner among other companies. IonQ's revenue is soaring; the company reported a 755% growth rate during its most recent quarter. That spike comes from a few reasons, including acquisitions, a system sale, and several new partnerships. Still, when only organic growth is considered (the business IonQ had during its comparative period), it is expected to deliver 100% or better growth for 2026. That's a strong sign and showcases that IonQ is truly a leader in a potentially massive field.
There's no way of telling if IonQ will maintain its leadership position or if demand for quantum computing will be as high as McKinsey estimates. If IonQ could achieve a dominance level similar to Nvidia has in its field, then IonQ could secure a massive chunk of the projected $72 billion market. That would make early-stage investors tons of money. However, if it fails to do this, then the stock could plummet. As a result, IonQ is a fairly risky stock, so investors should size their positions accordingly.
Key Takeaways CPAY is growing through payment volume, revenue per transaction and acquisitions expanding its customer base.V is seeing momentum from payment volumes, AI-driven services, and fiscal 2026 low-teens revenue guidance.JPM plans $19.8B in 2026 tech spending as digital expansion and diversified businesses support growth. Financial technology (fintech) represents a transformative investment space in a hybrid sector merging finance and technology. The companies featured on the screen encompass a variety of services, such as online banking, peer-to-peer payments, insurance, cryptocurrency and cybersecurity.
Fintech's innovative nature positions it as a fascinating choice in the evolving financial landscape. With the expansion of mobile and broadband networks, fintech is poised for significant growth. The rise of artificial intelligence (AI) technologies and machine learning further revolutionizes banking, payments and investments, offering efficient and secure financial solutions.
At this stage, we recommend investing in five financial technology bigwigs to tap the digital finance revolution. These are: Corpay Inc. (CPAY - Free Report) , Jack Henry & Associates Inc. (JKHY - Free Report) , Visa Inc. (V - Free Report) , Virtu Financial Inc. (VIRT - Free Report) and JPMorgan Chase & Co. (JPM - Free Report) . Each of our picks currently carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The chart below shows the price performance of our five picks in the past month.
Image Source: Zacks Investment Research
Corpay Inc.Zacks Rank #2 Corpay is a global commercial payments solution provider. Through its portfolio of brands, CPAY helps companies automate, secure, digitize and control payments to, or on behalf of, their employees and suppliers. CPAY serves businesses, partners and merchants in North America, Latin America, Europe and the Asia Pacific.
CPAY’s top line continues to grow organically, driven by increased volume and revenue per transaction from certain payment programs. CPAY relies on a multi-channel approach to actively market and sell its solutions to current and prospective customers. Acquisitions are CPAY’s way to boost its customer base.
Corpay has an expected revenue and earnings growth rate of 17.3% and 25.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 3.1% over the last 60 days.
Jack Henry & Associates Inc.Zacks Rank #2 Jack Henry & Associates is benefiting from rising services, support and processing revenues as clients migrate to private and public cloud. Cloud revenues are now about a third of total revenues, and recurring revenues remain the core mix. Growing digital, card and faster payment processing continues to lift transaction-based revenues.
Core win momentum and a higher mix of integrated trifecta deals are deepening JKHY’s client relationships and expanding wallet share. Management is expanding internal AI tools to support productivity and service.
Solid demand for the company’s AI-powered fraud detection platform is acting as a tailwind. JKHY’s growing initiatives to incorporate AI into select client solutions are expected to boost its revenues in the near term.
Jack Henry & Associates has an expected revenue and earnings growth rate of 5.9% and 4.1%, respectively, for the current year (ending June 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 1.7% in the last 90 days.
Visa Inc.Zacks Rank #2 Visa’s scale and brand strength keep it at the center of global digital payments, with growth still driven by higher payment volumes, cross-border activity, and increasing transaction counts.
V’s fiscal second-quarter results showed broad momentum across consumer payments, commercial and money movement solutions, and value-added services. Management guides to low-teens revenue growth for fiscal 2026.
Investments in agentic commerce and stablecoin settlement, alongside targeted acquisitions and disciplined capital returns, should continue to extend its network value over time. With fraud cases on the rise and AI adoption increasing, V’s services are in high demand. Visa has embedded AI and generative AI into over 100 products, primarily for fraud prevention and cybersecurity.
Visa has an expected revenue and earnings growth rate of 13.4% and 14.2%, respectively, for the current year (ending September 2026). The Zacks Consensus Estimate for the current year’s earnings has improved 0.1% over the last 30 days.
Virtu Financial Inc.Zacks Rank #1 Virtu Financial is benefiting from an active trading backdrop that continues to support opportunity capture across equities, options, and other asset classes. VIRT is scaling its capital base and reinforcing returns by investing in technology and talent, which has supported higher daily adjusted net trading income through the cycle.
VIRT’s Execution Services is gaining relevance, extending diversification with expanding product penetration across workflow technology, algorithms, and capital markets activity. Balance sheet liquidity and disciplined leverage help fund reinvestment while supporting dividends and buybacks. VIRT continues to pay a quarterly dividend of 24 cents per share.
Virtu Financial has an expected revenue and earnings growth rate of 10.6% and 13.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 5.2% over the last 60 days.
JPMorgan Chase & Co.Zacks Rank #2 JPMorgan Chase’s consumer franchise keeps widening. The company, with is opening new branches in the United States and plans the Chase digital expansion in Europe following successful launches in the U.K. and Germany. JPM’s scale and diversified business mix continue to support earnings, with ongoing balance sheet growth and higher rates for a longer time to drive net interest income (NII) expansion.
JPM’s markets revenues and investment banking fees are likely to remain strong, and healthy asset management activity should continue to drive fee income. A strong liquidity profile supports enhanced dividends and buybacks, with room for selective dealmaking. JPM plans to allocate $19.8 billion toward tech initiatives in 2026. JPM’s efficient capital distributions reflect a solid capital position.
JPMorgan Chase has an expected revenue and earnings growth rate of 7.9% and 11.9%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.1% in the last seven days.
On July 17, the first 200 customers will score a FREE exclusive Neon Squishy Dumpling and enjoy special giveaways, games, prizes, music and fun all day long July 09, 2026 08:00 ET | Source: Five Below, Inc.
PHILADELPHIA, PA, July 09, 2026 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE), the trend-right, extreme-value brand for the kid and the kid in all of us, is celebrating a major milestone: the grand opening of its 2,000th store. To mark the occasion, Five Below will host a grand opening celebration, inviting the whole community to discover the one-of-a-kind shopping experience that fans across the country have come to know and love – the ultimate destination for trends, fun, unique finds and go-to favorites, all at unbeatable value. The store is located at 299 Commerce Avenue in LaGrange, Ga.
Kicking off Friday, July 17, at 9:30am, the fun and festive celebration will feature special giveaways, games, prizes, music and all-day fun for the whole family. As a special thank-you, the first 200 customers through the doors will receive a FREE exclusive Neon Squishy Dumpling – a limited-edition collectible to mark this historical moment.
“Reaching 2,000 stores is an incredible milestone for our brand whose mission is to be the destination for the kid and the kid in all of us,” said Winnie Park, CEO. “We know our unique retail concept has a lot of runway ahead with thousands of new stores across the U.S. And, we are excited to celebrate this moment with the LaGrange community with a fun-filled day of discovery across our store from play to snacks to style and beauty, all at amazing value.”
Shoppers will experience the thrill of Five Below’s unique retail experience where they will discover everything from candy and snacks to party, beauty and style, toys and games, tech, décor and much more. With most items priced $1 to $5, and some extreme-value finds priced beyond $5, Five Below makes it easy to explore amazing new products and say “YES!” to fun without breaking the bank.
In addition, as a brand focused on kids, Five Below is proud to partner with several Boys & Girls Clubs in our metro-Atlanta communities. By transforming these vital kid-safe spaces into vibrant, inspiring environments, Five Below is helping open the door to creativity, fun, and brighter futures.
To learn more about Five Below, find your nearest location, or shop online, please visit fivebelow.com. And be sure to follow along on Instagram, TikTok and Facebook for all the latest updates.
About Five Below
Five Below is a leading growth retailer offering trend-right, extreme value, high-quality products loved by the kid and the kid in all of us. We believe life is better when customers are free to "let go & have fun" in an amazing experience filled with unlimited possibilities. With most items priced between $1 and $5 and some extreme value items priced beyond $5, Five Below makes it easy to say YES! to the newest, coolest stuff across awesome Five Below worlds: Candy, Style, Party, Room, Create, Tech, Sports and New & Now. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below today has approximately 2,000 stores in 46 states. For more information, please visit www.fivebelow.com or follow @fivebelow on TikTok, Instagram and Facebook.
Americká společnost Meta Platforms plánuje od září zahájit výrobu vlastního AI čipu, a to jako součást plánu na navýšení celkové výpočetní kapacity na 14 gigawattů v příštím roce. Vyplývá to z interního mema, které měla agentura Reuters k dispozici.
Čip určený pro datová centra s kódovým označením „Iris" je součástí čtyřgeneračního projektu Meta Training and Inference Accelerators (MTIA), který společnost vyvíjí interně. Cílem je využít vlastní čipy ke zlepšení AI pohánějící sociální sítě Facebook a Instagram.
Meta čip přizpůsobila vlastním potřebám a při jeho vývoji spolupracuje s Broadcomem, zatímco výrobu zajišťuje TSMC. Společnost také uzavřela dlouhodobé dodavatelské smlouvy se Samsungem (paměti), SanDiskem (flash úložiště) a Sumitomo Electric (optická vlákna). Tento přístup má firmě pomoci snížit obrovské náklady na výpočetní výkon a získat větší nezávislost na dodavatelích čipů, jako jsou Nvidia a AMD.
Iris byl představen pod technickým názvem již v březnu spolu se třemi dalšími AI čipy. Meta plánuje vydávat nový čip přibližně každých šest měsíců až do roku 2027, což je výrazně rychlejší tempo než u většiny konkurentů, kteří obvykle vydávají AI čipy v ročních intervalech.
Meta letos plánuje nasadit 7 gigawattů výpočetní kapacity, v roce 2027 chce toto číslo zdvojnásobit, vyplývá z interního mema.
Akcie Meta Platforms Akcie Meta Platforms (META) v předburzovní fázi obchodování klesají o 3,25 % na 583,50 USD.
Interest Rates and Inflationary Headwinds But really, at this point, I think you have to watch very closely the interest rate markets in the United States. If they continue to rally, I think that ends up being the death of silver, at least in the short term. The $50 level should continue to be important; going back decades, it’s been important, and I don’t see why that would be any different. This could be an excellent entry for longer-term traders, but we will have to wait and see if that opportunity arises.
I would be very interested in buying near that level, assuming that we stabilize. In the short term, though, it just looks like a market that can’t pick up its feet. There are concerns about inflation, and therefore there are concerns about interest rates rising, which works against the value of silver, especially when the US dollar rises in conjunction, which is exactly the play that we’ve seen. I continue to look at any rally in silver with suspicion.
Since my previous "Buy" rating, Alliant Energy has handily outperformed the S&P 500 index. Thanks to significant economic development in its service territories, the electric and gas utility's four-year capital spending plan is much larger than it was when I last covered it. Alliant Energy enjoys a BBB+ S&P credit rating with a stable outlook.
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2026: A Space Stock Odyssey
Stock Market Mixed As Chips Rise While Small Caps, Dow, SpaceX Struggle; Ned Davis On Cash For investors seeking a mix of growth, income and capital preservation, Alliant Energy (LNT) is a strong stock to consider, with shares currently trading in a buy zone. Headquartered in Madison, Wis., Alliant Energy provides electricity and natural gas to roughly 1.4 million customers in Wisconsin and Iowa. Data center expansion across the Midwest has driven outsize growth for Alliant…
STAMFORD, Conn.--(BUSINESS WIRE)-- #GartnerSYM--Gartner, Inc. (NYSE: IT): What: Gartner IT Symposium/Xpo 2026 When: October 19-22, 2026 Where: Walt Disney World Resort, Orlando, Florida Details: Gartner IT Symposium/Xpo 2026 is the world's most important gathering of CIOs and other IT executives. More than 7,000 CIOs and senior leaders will explore the technology, insights and trends shaping the future of IT and business, including AI, business transformation and value, cybersecurity, customer experience, da.
Brown & Brown is undervalued, fundamentally strong, and positioned for long-term total return and dividend growth. Q1 2026 revenue rose 35.4% to $1.90 billion, driven by acquisitions, notably the $9.8 billion Accession deal. BRO trades at a forward P/E of 13 versus its 10-year average of 24.3, reflecting a 35% discount to fair value.
SAN DIEGO--(BUSINESS WIRE)--DexCom, Inc. (NASDAQ:DXCM) today announced that it plans to release its second quarter 2026 financial results after market close on Thursday, July 30, 2026. Management will hold a conference call to review the company's second quarter 2026 performance starting at 4:30 p.m. (Eastern Time) on the same day. The conference call will be concurrently webcast. The link to the webcast will be available on the Dexcom investor relations website at investors.dexcom.com and will.
Power Integrations is rated a speculative Buy, leveraging both a recovering core business and a high-upside Nvidia AI data-center partnership. POWI's industrial and automotive segments drove 23% YoY growth in Q1, with improving inventory and margin guidance supporting the current valuation. The Nvidia collaboration offers significant optionality; even modest data-center revenue could materially impact EPS given POWI's share count.
Lending support to his choice, Clear Street, on June 3, initiated coverage on Amprius Technologies with a Buy rating and announced a price target of $33.
As per the recent news, Wendy’s, on June 23, named Steve Cirulis as CFO and chief strategy officer, succeeding Ken Cook.
On the earnings front, Wendy’s, on May 8, reported first-quarter results that topped Wall Street expectations and reaffirmed its full-year outlook despite continued margin pressure. The company reported first-quarter adjusted earnings per share of 12 cents, beating the analyst consensus estimate of 10 cents. Quarterly sales of $540.637 million (+3.3% year over year) outpaced the Street view of $517.965 million. Adjusted revenues gained 2.2% to $432.3 million.
Price Action Wendy’s shares fell 4.2% to settle at $7.45 on Wednesday. Amprius Technologies shares declined 1.2% to close at $11.58. McDonald’s shares fell 1.4% to settle at $278.25 on Wednesday. Photo via Shutterstock
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Alchemy Pay has expanded its On Ramp service—which enables users to purchase cryptocurrencies with fiat—to Bangladesh. The company has integrated the country’s four largest mobile financial services platforms, paving the way for users to buy crypto assets directly using local digital payment methods.
Leading local payment platforms join Alchemy PayThe new integration enables payments through bKash, Nagad, Rocket, and Upay. Widely used for everyday transactions, these platforms allow users in Bangladesh to access digital assets without the need for international payment methods or traditional bank transfers.
Alchemy Pay emphasized that the move is designed to lower barriers in the payment process and make crypto services more accessible by leveraging local wallets that are already familiar to Bangladeshi users.
Rather than changing local payment habits, the company underlined that its expansion in Bangladesh connects established and trusted mobile wallet infrastructures with crypto purchasing options.
Within Bangladesh’s digital payments ecosystem, bKash stands out with over 50 million registered users. Nagad is one of the fastest-growing platforms, Rocket offers bank-backed mobile finance services, and Upay has significantly extended its coverage in both urban and semi-urban areas.
PlatformKey featurebKashOver 50 million registered usersNagadRapidly growing payment platformRocketBank-backed mobile finance serviceUpayExpanding network in urban and semi-urban areasPart of a broader South Asia expansion strategyThis move furthers Alchemy Pay’s reach in South Asia, enabling direct connections to Bangladesh’s dominant mobile payment networks on behalf of cryptocurrency exchanges, wallets, decentralized applications, and Web3 platforms operating in the region.
Positioned as a payment bridge between fiat currencies and crypto, Alchemy Pay focuses especially on markets with limited access to traditional banking or high adoption of mobile wallets.
Mini glossary: “On Ramp” refers to a payment gateway infrastructure that allows users to buy crypto assets with their local currency. “Web3 platforms” are internet services operating on blockchain technology, supporting wallet connections and digital asset transactions.
Strengthening focus on emerging marketsThe company stated that its move into Bangladesh aligns closely with its growth strategy focused on emerging markets. Previously, Alchemy Pay expanded local payment coverage in Indonesia, Thailand, Malaysia, Brazil, Mexico, Argentina, and the Philippines.
According to the company, Bangladesh’s strong mobile money adoption provides ready-made infrastructure for firms that offer crypto acquisition services, making it easy for users to join the system through familiar payment habits.
Bangladesh is considered one of the most robust mobile money markets in South Asia. Digital wallets are widely used for remittances, bill payments, and retail transactions throughout the country. This structure gives an edge to platforms aiming to reach those with limited access to conventional banking services.
Recently, Alchemy Pay has obtained various regulatory approvals and registrations in jurisdictions including the US, Canada, Indonesia, South Korea, Lithuania, and Hong Kong. The company also acts as an authorized service provider for Visa and participates in the Mastercard Crypto Partner Program.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the "Company") will host a conference call and webcast on Thursday, July 30, 2026, to discuss the Company's financial results and other business matters. The teleconference will begin at 8:00 a.m. Central Time and will be hosted by Peter Jackson, President and Chief Executive Officer, and Pete Beckmann, Chief Financial Officer. The live webcast, archived replay, and the accompanying presentation c.
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Investors love dividend stocks because they provide dependable passive income streams and an excellent opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation. At 24/7 Wall St., we have focused on dividend stocks for over 15 years because, despite the stock market’s ups and downs, many people need reliable passive income streams to supplement their income from employment or other sources such as Social Security and pensions.
The more passive income helps cover rising costs like mortgages, insurance, taxes, and other expenses, the easier it is for investors to save for future needs as they prepare for retirement. Dependable recurring dividends from quality, high-yield stocks are a recipe for success. The five highest-yielding Nasdaq 100 stocks offer incredible, dependable yields from quality companies you can buy and hold forever. All are rated Buy at the top Wall Street firms we cover.
Why do we cover the highest-yielding Nasdaq 100 dividend stocks? A study by Hartford Funds, in collaboration with Ned Davis Research, found that dividend stocks delivered an annualized return of 9.18% over the past 50 years (1973 to 2023). Over the same timeline, this was more than double the annualized return for non-payers (3.95%). The five highest-yielding Nasdaq 100 stocks are ideal choices for investors seeking dependable dividends.
Kraft Heinz Kraft Heinz (NASDAQ: KHC | KHC Price Prediction) is North America’s third-largest food and beverage company and fifth-largest globally. Even in difficult times, everybody needs to eat, and this company consistently benefits while paying a substantial 6.31% dividend. The company was formed via the merger of H.J. Heinz and Kraft Foods, and it manufactures and markets food and beverage products worldwide through its eight consumer-driven product platforms:
Taste Elevation Easy Ready Meals Hydration Meats Cheeses Substantial Snacking Desserts Coffee and other grocery products The company has two reportable segments defined by geographic region: North America and International Developed Markets. Its other segments, West and East Emerging Markets (WEEM) and Asia Emerging Markets (AEM), are combined and reported as Emerging Markets.
Kraft Heinz brands include:
Kraft Oscar Mayer Heinz Philadelphia Lunchables Velveeta Ore-Ida Capri Sun Maxwell House Kool-Aid Jell-O Golden Circle Wattie’s Plasmon ABC Master Quero Pudliszki The company manufactures its products from a wide variety of raw materials and sells them through its sales organizations and independent brokers, agents, and distributors.
In February 2026, Kraft Heinz scrapped its planned corporate split. New CEO Steve Cahillane cited worsening conditions in the food industry, while emphasizing that the company’s challenges are “fixable and within our control.” Rather than breaking up, the company is intensifying its turnaround efforts. It is committing $600 million to marketing, sales, and research and development to drive the strategy. The decision follows a 3.5% decline in net sales in 2025, with further declines expected in 2026. By canceling the split, Kraft Heinz is now fully focused on stabilizing and rebuilding the business. CEO Greg Abel indicated that Berkshire Hathaway is no longer planning to sell its stake in Kraft Heinz.
The swift reversal is being viewed as a reflection of Abel’s more hands-on management approach, as he reportedly expressed dissatisfaction, prompting the company to change direction quickly. For now, Berkshire appears committed to holding its position, although the registered shares could still be sold if conditions shift. If they don’t, and the transition is successful, this could be a contrarian home run for investors.
DZ Bank has a Strong Buy rating with a $31 target price.
Comcast This top media and entertainment company remains a Wall Street favorite and pays a solid 5.56% dividend. Comcast (NASDAQ: CMCSA) is a global media and technology company that operates through four segments:
Residential Connectivity & Platforms Business Services Connectivity Media, Studios Theme Parks The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.
The Business Services Connectivity segment offers connectivity services for small business locations, including broadband, wireline voice, and wireless services. It also offers solutions for medium-sized customers, larger enterprises, and small business connectivity services in the United Kingdom.
The Media segment operates NBCUniversal’s television and streaming business, including:
National and regional cable networks The NBC and Telemundo broadcast networks Owned local broadcast television stations Peacock, a direct-to-consumer streaming service It also operates international television networks, including the Sky Sports networks, as well as other digital properties.
The Studios segment operates NBCUniversal and Sky film and television studio production and distribution operations.
The Theme Parks segment operates Universal theme parks in:
Orlando, Florida Hollywood, California Osaka, Japan Beijing, China Citigroup has a Buy rating and a $35.50 target price.
Paychex While off the radar for many investors, this company offers a solid 4.48% dividend and significant upside potential. Paychex (NASDAQ: PAYX) is a human capital management (HCM) company that delivers a full suite of technology and advisory solutions in human resources, employee benefits, insurance, and payroll to clients and their employees in the United States and parts of Europe.
It offers integrated HCM solutions covering the employee life cycle for businesses and their employees. It supports clients through its proprietary Paychex Flex platform, Paycor, and SurePayroll software-as-a-service (SaaS) solution.
The company’s services include:
Payroll services Time and attendance Employee benefits Human resources Professional employer organization Talent management, business insurance, and payment processing Its talent management includes:
Recruiting Hiring and onboarding Performance management Learning and development Compensation management Employee engagement and recognition Employee benefits Argus has a Buy rating with a $110 price target.
PepsiCo This top consumer staples stock reported solid first-quarter earnings and will continue to supply all the goods for summer picnics and parties. PepsiCo (NASDAQ: PEP) is a global food and beverage company with a very solid 3.95% dividend yield and a forward P/E of 16.92. Activist investor Elliott Investment Management took a $4 billion stake in PepsiCo last September, revealing a strategy to unlock value within the company’s iconic brand by focusing on core strengths, such as innovation and brand marketing, rather than its capital-intensive bottling operations. This move caused PepsiCo’s stock to surge, with Elliott believing the company could see over 50% upside if its proposed strategic changes were implemented. However, these changes would involve a very long-term transformation.
Its Frito-Lay North America segment offers:
Lays and Ruffles potato chips Doritos, Tostitos, and Santitas tortilla chips Cheetos cheese-flavored snacks, branded dips Fritos corn chips The company’s Quaker Foods North America segment provides:
Quaker Oatmeal Grits Rice cakes Natural granola and oat squares Pearl Milling mixes and syrups Quaker Chewy granola bars Cap’n Crunch cereal Life cereal Rice-A-Roni side dishes PepsiCo’s North America Beverages segment offers beverage concentrates, fountain syrups, and finished goods under these brands:
Pepsi Gatorade Mountain Dew Diet Pepsi Aquafina Diet Mountain Dew Tropicana Pure Premium Sierra Mist Mug Goldman Sachs has a Buy rating with a $183 price objective.
Mondelez This consumer staples giant is always a safe bet when the going gets tough, especially with a 3.33% dividend yield. Mondelez International (NASDAQ: MDLZ) is a snack company. The company’s core business is the manufacture and sale of chocolate, biscuits, and baked snacks. It also has additional businesses in adjacent, locally relevant categories, including
Gum and candy Cheese Grocery Powdered beverages Its portfolio includes global and local brands such as Oreo, Ritz, LU, Clif Bar, and Tate’s Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka, and Toblerone chocolate.
Mondelez segments include Latin America, AMEA, Europe, and North America. It sells its products in over 150 countries and operates in approximately 80 of them, with 147 principal manufacturing and processing facilities. The company sells its products to:
Supermarket chains Wholesalers Supercenters Club stores Mass merchandisers Distributors Convenience stores Gasoline stations Drug stores Value stores Retail food outlets J.P. Morgan has an Overweight rating and a $70 price target.
Contracts awarded by Bechtel and Cheniere to supply primary liquefaction equipment, including main refrigerant compressors and gas turbines, for the first phase of the Sabine Pass Expansion ProjectTechnology packages support an additional nameplate capacity of over 6 million tons per annum (MTPA) for Train 7 and boil-off gas re-liquefaction unitServices award provides fleet-wide gas turbine upgrades to enhance power, driving LNG production
HOUSTON and LONDON, July 09, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday three substantial awards for Cheniere’s Sabine Pass LNG facility in Cameron Parish, Louisiana. The awards, booked in the second quarter, comprise orders from Bechtel Energy Inc. (Bechtel) and Cheniere to supply liquefaction equipment for Train 7 and for a boil-off gas re-liquefaction unit, as well as an award for fleet-wide gas turbine technology upgrades.
The equipment orders for Phase 1 of the Sabine Pass expansion project include seven PGT25+ G4 gas turbines driving 15 centrifugal compressors, enabling approximately 6 million tons per annum (MTPA) of additional LNG production capacity.
Additionally, Baker Hughes will deliver upgrades across the entire fleet of installed aeroderivative PGT25+ G4 gas turbines at the Sabine Pass facility over a four-year period. These upgrades will help to increase the power output of the turbines to enhance LNG production capabilities, helping deliver efficiency across the facility’s current approximate 30 MTPA capacity. These upgrades, together with Train 7 and the boil-off gas re-liquefaction unit, are expected to add over 6 MTPA of capacity at Sabine Pass.
The expansion and upgrade of the Sabine Pass LNG terminal support growing global demand for natural gas in energy and industrial applications, helping to deliver affordable energy supply.
“These comprehensive technology solutions, from advanced liquefaction equipment to lifecycle services, help our customers expand LNG production and meet growing energy demand,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “Our differentiated portfolio of equipment, technologies and services enables us to deliver comprehensive solutions that help customers accelerate project execution, enhance reliability and unlock long-term value.”
“We are pleased to continue our decades-long collaboration with Baker Hughes, a key partner in the development of Sabine Pass into one of the largest LNG facilities in the world,” said Cheniere Chairman, President and CEO Jack Fusco. “These equipment orders, lifecycle services and technology upgrades are critical to facilitate further optimization and efficiency upgrades throughout the Cheniere platform.”
About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.
Cognizant's Frontier workforce model to create the human infrastructure that turns AI investment into enterprise outcomes Backed by decades of running technology and operations at enterprise scale, Cognizant's human capital operating model embeds outcome-owning Frontier talent inside client operations Cognizant Frontier talent operates across any cloud, any model to help close the gap between AI capability and enterprise results , /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading AI Builder and technology services provider, today announced it was committing to scaling its Frontier-certified workforce, the human and operational infrastructure enterprises need to convert AI capability into measurable business results, to 5,000 Frontier Certified Engineers and 10,000 Frontier Business Operators.
Cognizant's people investment will yield its first cohort, which will be both Frontier-assessed and deployment-ready, by fourth quarter, 2026. Cognizant also plans to augment its own Frontier talent pipeline through annual direct hires of Frontier-native talent from American and global universities.
This human capital investment is focused on solving an urgent problem facing enterprises today: most organizations have spent more on AI than on any technology in a generation, and most have little to show for it. Cognizant measures the gap between what AI can deliver and what enterprises actually realize at $4.5 trillion. That gap is not a compute problem. It is a people and process problem, and it will not be closed by provisioning more infrastructure. The required investment is skilling and deploying more Frontier-ready talent into client-oriented delivery to help clients realize a return on their technology investment.
"Closing the AI outcome gap demands talent who not only understands a client's industry deeply but can also reimagine the way work is structured and take end-to-end responsibility for delivering results in collaboration with clients, on any model or cloud the client selects," said Cognizant CEO Ravi Kumar S. "That is what a Frontier workforce does. By taking accountability for outcomes rather than stopping at technology deployment, we can help clients accelerate measurable results while managing risk. Cognizant's industry context and experience position us uniquely to unlock the value that has remained out of reach during this shift toward outcome-based delivery and a new chapter in human capital."
Cognizant's Frontier workforce is model- and cloud-agnostic by design. Its teams build an organization's unique context into whatever stack the client has already chosen, across a partnership footprint that spans Anthropic, OpenAI, Microsoft, Google, AWS, NVIDIA, Salesforce, and ServiceNow. The result is durable capability designed for enterprise ownership and portability across environments, otherwise known as solutions that are geared towards the problems being experienced by our client, not the closest thing a proprietary platform can accomplish.
"AI has exposed 93% of jobs to change, and the associated labor value remains untapped because the workforce architecture built for a pre-AI world cannot capture it. So we rebuilt the architecture for the world we are in now," said Cognizant Chief People Officer, Kathy Diaz. "Industry domain depth is a core strength of Cognizant, and we bring enterprise-scale experience across technology, processes and operations. We know how to take these powerful frontier tools and turn them into real business value, and we are training our workforce to do it at scale."
Cognizant Chief Learning Officer, Thiru Arohi said: "We are developing a new professional identity for the AI era. We are investing in the infrastructure behind this identity: the Academy, the assessment architecture, the certification pathway, and the talent pipeline from campus to senior practitioner. What we are scaling is not headcount, but a workforce capable of closing the outcome gap that no model, platform, or deployment engineer can close alone."
This Frontier model is anchored in six principles: interdisciplinary capability; a direct linkage to customer value; building, deploying, or working alongside agents as routine; end-to-end accountability; delivery through a small operational pod; and a single, unified Cognizant experience for the client. The workforce will be organized as a single premium job family of seven roles across two complementary tracks, Frontier Certified Engineers and Frontier Business Operators:
Frontier Certified Engineers: Frontier Certified Engineers architect and build agentic systems, engineer the retrieval and context layers that keep those systems grounded in domain reality, and orchestrate multi-agent pipelines into live production, remaining accountable for every system they deploy, including ongoing monitoring, tuning and improvement cycles that follow go-live. They are where industry domain expertise, full-stack AI engineering and production accountability converge in a single practitioner. They enter a client environment already fluent in its regulatory constraints, operational failure modes and business logic, and use that fluency to determine not just what AI can do, but what it should do, and how it must be governed to be trusted in alignment with client requirements. Frontier Business Operators: Frontier Business Operators are responsible for delivering operational outcomes in collaboration with client stakeholders in environments where the workforce is simultaneously human and digital, managing agent fleets and human teams against a committed outcome, in real time, with no separation between the two. Their edge is not technical configuration; it is the judgment that comes from having run the operations floors, claims pipelines, and service workflows that AI agents are now being asked to take on. They know how to feed every exception and override back into agent calibration, so the system is continuously refined to improve reliability over time. What sets these roles apart from being forward deployed engineers is permanence, accountability and something that cannot be trained overnight: Cognizant's deep industry domain expertise and the hard-won experience of an AI builder running enterprise operations at scale. The model is already live — a two-person Engineer-and-Operator pod recently reimagined a large food service company's account-management workflow into seventeen production AI agents, reclaiming roughly eleven hours per account manager each week while cutting handoff cycles by about 60 percent and nearly tripling their revenue per engagement.
Underpinning the commitment is a model built to scale and to reach the client. Cognizant stands up local capacity inside client clusters so certified pods deploy close to the work they own, while its global capability centers supply the talent base behind them. The elevation funnel narrows at each stage: from a broad base of AI-fluency skilling across hundreds of thousands of associates, through structured AI-Bridge programs to 40,000 in Frontier certification, credentialed directly by the frontier-model companies, including GitHub Copilot, Google Gemini, Anthropic's Claude, and OpenAI's Codex. Today's announced investment will expand Cognizant's SkillSpring™ capacity, deliver AI-fluency and responsible-AI training across the workforce, and fund embedded client engagements worldwide.
For enterprises, the payoff is measured where it matters most: AI investment converted into business results, delivering value from the technology stack they already run, with accountability through an AI builder firm that lasts well beyond go-live. In committing to the people who deliver those outcomes, Cognizant is making a strategic bet that the defining edge of the AI era will be human and operational, and positioning its clients to pursue the financial return from their technology investment which has eluded them. That is the future of AI: not just capability, but outcomes that endure.
About Cognizant
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
PALO ALTO, Calif.--(BUSINESS WIRE)--Intapp (NASDAQ: INTA), the leading governed AI platform for professional firms in highly regulated industries, today announces that Wotton Kearney has selected Intapp DealCloud with Celeste. The firm will use the platform to unify relationship intelligence and equip its lawyers and business development and marketing teams with AI-driven insights and agentic capabilities.A platform built for international growthWotton Kearney is Asia Pacific's leading specialis.
NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)--Investor protection law firm Kaskela Law is investigating the Global Business Travel Group, Inc. (NYSE: GBTG) (“GBTG”) shareholder buyout to determine whether the transaction as structured is fair and provides investors with a sufficient price for their GBTG shares.
Click here for additional information: https://kaskelalaw.com/case/global-business-travel-group/
On May 4, 2026, GBTG announced that it had agreed to be privatized at a price of $9.50 per share in cash. Upon completion of the transaction, GBTG’s public shareholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded.
The investigation seeks to determine whether GBTG shareholders are receiving sufficient monetary consideration for their shares, and whether the company’s officers and/or directors breached their fiduciary duties or violated the securities laws in agreeing to the $9.50 per share buyout price. Critically, at the time the buyout was disclosed to public investors, at least one stock analyst was maintaining a price target for GBTG’s shares of $12.00 per share – over 25% higher than the buyout price.
GBTG shareholders are encouraged to contact co-lead investigative attorney Adrienne Bell, Esquire to discuss their no-cost legal rights and options at (484) 229 – 0750, by email at [email protected], or by filling out the firm’s online form at:
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis (i.e., the firm’s clients are never responsible for any out-of-pocket costs for legal representation). Since 2020, the firm has aided in the recovery of over $500 million for investors. For additional information about Kaskela Law LLC, including the firm’s recent notable recoveries for investors, please visit www.kaskelalaw.com.
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Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced that it will report financial results for the second quarter of 2026 before the market opens on Thursday, July 23, 2026, and will hold a conference call at 3:00 p.m. Eastern time to discuss results. The call can be accessed live on Old Republic's website at www.oldrepublic.com or by dialing 800-715-9871, passcode 2246765.
Investors may also access a replay of the call by dialing 800-770-2030, passcode 2246765, which will be available through Thursday, July 30, 2026. The replay will also be available on Old Republic's website.
About Old Republic
Old Republic is a leading specialty insurer that operates diverse property & casualty and title insurance companies. Founded in 1923 and a member of the Fortune 500®, we are a leader in underwriting and risk management services for business partners across the United States and Canada. Our specialized operating companies offer significant expertise in their fields, enabling us to provide tailored solutions that set us apart. For more information, please visit www.oldrepublic.com.
At Old Republic:
At Financial Relations Board:
Craig R. Smiddy: President and Chief Executive Officer