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ORLANDO, Fla.--(BUSINESS WIRE)--U.S. News & World Report named Travel + Leisure Co. to its 2026-2027 list of Best Companies to Work For. Live financial news intelligence
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Travel + Leisure Co. Named a 2026-2027 Best Company to Work For by U.S. News & World Report | FMP Stock News | |
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OneMain Holdings, Inc. (NYSE: OMF) Investigated for Potential Federal Securities Laws Violations – Lowey Dannenberg, P.C. | FMP Stock News | |
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NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a top complex litigation law firm, is investigating OneMain Holdings Inc. (NYSE: OMF) (“OneMain” or the “Company”) for potential violations of the federal securities laws.On March 16, 2026, New York Attorney General Lititia James, along with a coalition of 12 other state attorneys general, filed a lawsuit against the OneMain and its units for allegedly misleading customers and trapping borrowers in expensive loans with hidden costs. “Our investigation concerns whether the company and its executives provided investors with accurate and complete information about the company,” said attorney Andrea Farah, Lowey Dannenberg, P.C. partner and head of the firm’s securities practice. If you suffered a loss of more than $50,000 in OnMain securities, and wish to participate, or learn more about your eligibility, contact our attorneys Andrea Farah ([email protected]) at (914)733-7256 or Vincent R. Cappucci Jr. ([email protected]) at (914)733-7278. About Lowey Dannenberg Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors. Contact Lowey Dannenberg P.C. 44 South Broadway, Suite 1100 White Plains, NY 10601 Tel: (914) 733-7256 Email: [email protected] SOURCE: Lowey Dannenberg |
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POTTERY BARN KIDS LAUNCHES NEW COLLABORATION WITH RYLEE + CRU | FMP Stock News | |
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SAN FRANCISCO--(BUSINESS WIRE)--Pottery Barn Kids, portfolio brand of Williams-Sonoma, Inc. (NYSE: WSM), the world's largest digital-first, design-led and sustainable home retailer, announced a new collaboration with popular children's clothing brand, Rylee + Cru. Founded in San Diego in 2014 by illustrator Kelli Murray Larson, Rylee + Cru is beloved for its charming clothing designs that feature artistic hand-illustrated prints and timeless earth-tone palette. The new Rylee + Cru for Pottery Ba. |
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POTTERY BARN KIDS LAUNCHES NEW COLLABORATION WITH RYLEE + CRU | FMP Stock News | |
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Pottery Barn Kids, portfolio brand of Williams-Sonoma, Inc. (NYSE: WSM), the world's largest digital-first, design-led and sustainable home retailer, announced |
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Weight Watchers Med+ Establishes Access to GLP-1s Through Medicare GLP-1 Bridge Program | FMP Stock News | |
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NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- WW International, Inc. (NASDAQ: WW) (“Weight Watchers”), the global leader in science-backed weight health, today announced that Weight Watchers Med+ will support Medicare members seeking access to GLP-1 medications under the Medicare GLP-1 Bridge Program.Through the Medicare GLP-1 Bridge Program, eligible beneficiaries purchase GLP-1 medications for weight loss, including Zepbound®, KwikPen®, Foundayo®, and Wegovy® pen and pill, for $50 per month. The program will run from July 1, 2026 through December 31, 2027. In addition to prescribing medication when appropriate and managing care for these medications, Weight Watchers helps Med+ members navigate insurance coverage, paperwork, and prior authorizations so they can easily access care. “For many people, weight loss is about health, mobility and being able to keep doing the things they love. At Weight Watchers, our goal is to make the process feel less overwhelming by helping members understand their options, access care and receive a GLP-1 prescription if they’re eligible, while also providing the support they need to live well on treatment,” said Scott Honken, PharmD, Chief Commercial Officer, Weight Watchers. To qualify for the Medicare Bridge program, you must have Medicare Part D, meet clinical eligibility, and have a prescription for an eligible GLP-1 medication. This medication must be used alongside ongoing lifestyle changes, including nutrition and physical activity, to support weight loss and maintenance. As Medicare beneficiaries consider GLP-1 treatment, Weight Watchers, a trusted brand for older adults on their health journey, offers comprehensive care beyond providing a prescription. Our Med + program blends clinical oversight with behavioral tools to deliver sustainable results. In addition to clinical care, members access nutrition support, medication tracking, refill reminders, and expert GLP-1 coaches through our integrated GLP-1 Success Program. Crucially for older adults, the program includes tailored strength-building guidance to preserve muscle mass and reduce the risk of frailty and falls. Weight Watchers data show that Med+ members prescribed a GLP-1 medication who regularly engaged with the GLP-1 Success Program lost 29.1% more body weight on average at 12 months than those who did not engage in behavioral support.1 In addition, 73% of Med+ members given the GLP-1 Success Program say that Weight Watchers Med+ helps minimize weight-loss medication side effects.2 ABOUT WEIGHT WATCHERS Weight Watchers is the global leader in science-backed weight management, offering an integrated support system built for the GLP-1 era that combines scientific expertise, medication, cutting-edge technology, and human connection. With more than 60 years of experience, Weight Watchers is the most studied commercial weight management program in the world, delivered through its No. 1 U.S. doctor-recommended weight-loss program. Its holistic, personalized approach also includes U.S.-based clinical interventions and access to GLP-1 medications when clinically appropriate, and a global network of coaches and community support. Since 1963, the company has led with science to deliver its members the personalized support they need to reach and sustain their goals. Members can access these solutions directly, or through Weight Watchers for Business’ full-spectrum platform for employers, health plans, and payers. In a landscape crowded with contradictory advice, isolating apps, and one-size-fits-all solutions, Weight Watchers offers a proven path forward that is rooted in research, grounded in empathy and designed to help every member feel better in their body and live a longer, healthier life. For more information, visit weightwatchers.com. For investor inquiries, please contact: John Mills or Anna Kate Heller [email protected] For media inquiries, please contact:: Melissa Garbayo [email protected] 1 Based on an internal analysis of 3,325 members who requested at least 1 GLP-1 medication refill through Weight Watchers Med+ and self-reported both a starting weight and weight at week 52. On average, members who logged in to the GLP-1 Success Program at least 4 days each week (n=376) lost 22.20% body weight, and members who never logged in to the app (n=2,949) lost 17.20% body weight in 52 weeks. Not a randomized, controlled clinical trial. Self-reported outcomes have not been independently verified. Individual results may vary. 2 Based on an internal data analysis of 92,160 members who received a treatment plan, were prescribed an injectable GLP-1 medication through Weight Watchers, and recorded their starting weight and completed a weigh-in 4 weeks after starting their treatment plan. |
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2026-06-30 13:47
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The 5 Cheapest Stocks in Warren Buffett's Berkshire Hathaway All Pay Big Reliable Dividends | FMP Stock News | |
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Warren Buffett stepped down as CEO of Berkshire Hathaway (NYSE: BRK-B | BRK-B Price Prediction) on December 31, 2025, after six decades leading the conglomerate he transformed from a struggling textile mill into a $1 trillion empire. The “Oracle of Omaha” left his successor, Greg Abel, with a very concentrated portfolio. Abel, who has served as vice chair overseeing non-insurance operations, officially took over as chief executive on January 1, 2026. At 95 years old, Buffett isn’t fully retiring; he will remain board chair and plans to continue coming to the Omaha headquarters as much as before. However, he has stated he will be “going quiet” and leaving all decision-making to Abel.Long-time investors and Buffett mavens are familiar with this quote: “His favorite holding for an S&P 500 stock is forever.” So it’s not surprising to report that for all the success and stature Berkshire Hathaway has in the investment world, five top companies still make up 65% of the portfolio’s total holdings. While much more concentrated than most portfolio managers would ever consider, the strategy has worked for Berkshire Hathaway investors for years. It will likely continue to do so, though it’s a solid bet that Abel and his team will expand the portfolio when opportunities arise, especially given that the portfolio holds almost $400 billion in short-term Treasury bills. Given that Berkshire Hathaway stock has moved higher from levels printed earlier this year, we decided to scan the portfolio for the five cheapest stocks on a price-to-earnings basis. Interestingly, all five are also dividend-paying companies that reward shareholders with reliable payouts year in and year out. Plus, three are financials, which tend to do well in a rising-rate environment, which may occur if inflation remains sticky throughout the rest of the year. Why do we cover Berkshire Hathaway stocks? Few investors have the results and reputation that Buffett has garnered over the past 60 years. Though he has stepped away from the CEO chair, his impact and investment guidelines are likely to remain in place long after he is gone. While investing has evolved since Buffett took control of Berkshire Hathaway in 1965, and now that Abel is in charge, vowing to stay the course, buying good companies with globally recognized products and services that pay dividends will always remain a timeless approach. Here are the five Berkshire Hathaway companies with the lowest price-to-earnings metrics. Ally Financial Formerly known as GMAC, this bank with no buildings posted solid first-quarter earnings, offers a solid 2.65% dividend, and trades at a tiny 8.34 times forward earnings. Ally Financial (NYSE: ALLY), a pioneer in the digital financial services industry, offers a diverse range of innovative digital financial products and services to consumer, commercial, and corporate customers, primarily in the United States and Canada. It operates through four segments: Automotive Finance Operations Insurance Operations Mortgage Finance Operations Corporate Finance Operations The Automotive Finance Operations segment offers: Automotive financing services, including retail installment sales contracts Loans and operating leases Term loans to dealers Financing dealer floor plans and other lines of credit to dealers Warehouse lines to automotive retailers Fleet financing It also funds companies and municipalities to purchase or lease vehicles and to use vehicle remarketing services. The Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and sells commercial insurance products directly to dealers. This segment provides vehicle service and maintenance contracts and guaranteed asset protection products, and underwrites commercial insurance coverages that primarily insure dealers’ vehicle inventory. The Mortgage Finance Operations segment manages a consumer mortgage loan portfolio that includes bulk purchases of jumbo and low-to-moderate-income mortgage loans from third parties, as well as direct-to-consumer mortgage offerings. The Corporate Finance Operations segment provides senior secured, leveraged cash flow, and asset-based loans to middle-market companies, as well as leveraged loans and commercial real estate products to companies in the healthcare industry. The company also offers commercial banking products and services, securities brokerage, and investment advisory services. Bank of America Though Buffett trimmed his position over the past two years, and sold a whopping 50 million Bank of America (NYSE: BAC) shares in the fourth quarter, this quality financial giant remains an exceptional long-term holding. Berkshire Hathaway still owns 517,295,934 shares, which is 8.1% of the portfolio and 7.2% of the float. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Bank of America didn't make the cut. Grab the names FREE today. The bank holding company and financial holding company reported impressive Q4 results. It offers a solid 1.89% dividend yield, and shares trade at 12.7 times forward earnings. Its segments include: Consumer Banking, which offers a range of credit, banking, and investment products and services to consumers and small businesses. Global Wealth & Investment Management (GWIM), which includes two businesses: Merrill Wealth Management offers tailored solutions to meet clients’ needs through a comprehensive suite of investment management, brokerage, banking, and retirement products. Bank of America Private Bank provides comprehensive wealth management solutions. Global Banking offers a range of lending-related products and services, including integrated working capital management and treasury solutions, as well as underwriting and advisory services. Global Markets offers sales and trading services, as well as research services, to institutional clients across fixed income, credit, currency, commodity, and equity markets. Capital One Financial Capital One Financial (NYSE: COF), the “what’s in your wallet” bank, pays a solid 1.37% dividend, and its shares trade at just 9.69 times forward earnings projections. This diversified financial services holding company with banking and non-banking subsidiaries offers a broad spectrum of financial products and services to consumers, small businesses, and commercial clients through various channels. It operates through three segments. The Credit Card segment consists of domestic consumer and small-business card lending, as well as international card businesses in the United Kingdom and Canada. The Consumer Banking segment consists of deposit gathering, consumer and small-business lending, and national auto lending, while the Commercial Banking segment consists of its lending, deposit gathering, capital markets, and treasury management services to commercial real estate and commercial and industrial customers. Its principal operating subsidiary is Capital One, National Association, which offers banking products and financial services. Delta Air Lines This is a new addition to the portfolio that Abel and his team acquired. Delta Air Lines (NYSE: DAL) trades at 13.5 times trailing earnings and offers a 0.81% dividend yield, providing value. The carrier provides scheduled air transportation for passengers and cargo throughout the United States and around the world, with hubs and markets in: Amsterdam Atlanta Bogota Boston Detroit Lima London-Heathrow Los Angeles Mexico City Minneapolis-St. Paul New York-JFK and LaGuardia Paris-Charles de Gaulle Salt Lake City Santiago (Chile) Sao Paulo Seattle Seoul-Incheon Tokyo Its segments include Airline and Refinery. The Airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo globally, including its loyalty program and other ancillary businesses. The Refinery segment operates for the benefit of the Airline segment by providing jet fuel to it from its own production and through third-party agreements. The refinery’s production consists of jet fuel and non-jet fuel products. Sirius XM The satellite radio stock was first added to the Berkshire Hathaway portfolio in 2016, and Buffett has continued to increase his stake over the past few years, which has proven to be genius. Sirius XM (NASDAQ: SIRI) is an audio entertainment company in North America that pays shareholders a dividend yield of 3.89% and trades at just nine times forward earnings. The company has a portfolio of audio businesses, including its flagship subscription entertainment service Sirius XM, the ad-supported and premium music streaming services of Pandora, an expansive podcast network, and a suite of business and advertising solutions. The Sirius XM segment offers a variety of content, including music, sports, entertainment, comedy, talk, news, traffic, and other channels, as well as podcasts and infotainment services, in the United States for a subscription-based fee. Sirius XM’s packages include live, curated, and specific exclusive and on-demand programming. The Pandora and Off-platform segment operates a music, comedy, and podcast streaming discovery platform, offering a personalized experience for each listener, whenever and wherever they want to listen, across mobile devices, vehicle speakers, and connected devices. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Bank of America didn't make the cut. Grab the names FREE today. Contact [email protected] for any questions or corrections. |
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3 High-Yield Financial Stocks Built to Keep Paying You for Years | FMP Stock News | |
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Companies in the financial sector can be great income investments. They tend to generate substantial recurring cash flow, providing them with the stable funds to pay durable dividends. Many financial stocks also pay higher-yielding dividends that steadily grow.Here are three high-yielding financial stocks built to pay reliable dividends. Image source: Getty Images. Brookfield Asset Management Brookfield Asset Management (BAM 0.16%) is a leading global alternative investment manager. The company has over $1 trillion in assets under management across infrastructure, energy, private equity, real estate, and credit. Brookfield generates stable and steadily rising fee-based earnings by managing client assets. It has booked $3.1 billion in fee-related earnings over the last 12 months, up 18% year over year. With stable earnings and minimal capital requirements, Brookfield aims to pay out about 95% of its fee-related earnings in dividends each year. Its payout currently yields 4.5%, putting it several times higher than the S&P 500 (1.1% yield). Today's Change ( -0.16 %) $ -0.07 Current Price $ 43.94 Brookfield expects to grow its fee-related earnings at a 17% compound annual rate through 2030, driven by a more than 16% compound annual growth rate in its fee-bearing capital base as it expands its current investment strategies and launches new ones. That should support annual dividend growth of more than 15%. Realty Income Realty Income (O 0.84%) is one of the world's largest real estate investment trusts (REITs). It owns a diversified portfolio of retail, industrial, gaming, and other properties secured by long-term net leases with many of the world's leading companies. Net leases generate stable rental income because tenants cover all property operating costs, including routine maintenance, real estate taxes, and building insurance. Today's Change ( -0.84 %) $ -0.53 Current Price $ 62.24 The REIT pays out around 70% of its stable cash flow via its monthly dividend, which currently yields over 5%. Realty Income uses the cash flow it retains to invest in additional income-generating real estate. The company's strategy has enabled it to pay a stable and steadily rising dividend. Realty Income has increased its monthly dividend 135 times since its public market listing in 1994, including for the last 115 quarters in a row (4.1% average annual growth rate). With over $14 trillion of real estate suitable for net leases across the U.S. and Europe, Realty Income has a long runway to continue growing its portfolio and dividend. Main Street Capital Main Street Capital (MAIN +1.08%) is a business development company (BDC). It provides customized debt and equity capital solutions to lower-middle-market companies ($10 million to $150 million in revenue). It also provides debt capital to companies owned by or in the process of being acquired by a private equity fund (with under $500 million in revenue). These high-yielding loans generate recurring interest income, while the equity investments provide dividend income and potential capital appreciation. Today's Change ( 1.08 %) $ 0.55 Current Price $ 51.56 As a BDC, Main Street Capital must distribute 90% of its taxable income to investors via dividends. It does this through two payments. Main Street Capital pays a monthly dividend set at a sustainable level. It has never reduced this dividend. Instead, it has grown by 160% since its 2007 IPO, including 12 increases since the fourth quarter of 2021. At the current rate, Main Street's monthly dividend yields over 6%. Additionally, the BDC periodically pays supplemental quarterly dividends. It has paid one for the last 19 consecutive quarters, while maintaining the current rate since early 2024. When added to the monthly payments, Main Street Capital's current annualized dividend yield is over 8.5%. Bankable income streams Brookfield Asset Management, Realty Income, and Main Street Capital pay high-yielding dividends backed by stable and growing cash flows. That should enable these financial companies to continue growing their dividends going forward. They're ideal dividend stocks to buy for those seeking an income stream they can bank on in the years to come. |
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5 Beauty & Cosmetics Stocks to Buy for a Stable Portfolio in 2H 2026 | FMP Stock News | |
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Key Takeaways EL, HELE, NUS, KVUE and IPAR likely to provide stable returns in 2H 2026.EL is advancing margin recovery through its growth plan, digital expansion and broader online distribution.KVUE supports growth with a broad portfolio for consumers and higher earnings estimates for the current year. Beauty and cosmetics companies develop and market products for skincare, makeup, haircare and personal grooming to help people enhance their appearance. Investment in these companies presents a compelling case due to the sector's attractive growth potential. The industry is buoyed by consistent customer demand, driven by a growing emphasis on personal care, self-expression, and an increasing middle class, particularly in emerging markets. These companies have demonstrated a robust performance, leveraging trends like clean beauty, gender-neutral products and technological innovations in skincare, as well as strong brand loyalty and a diverse product base. Here, we recommend five Beauty & Cosmetics stocks with a favorable Zacks Rank to buy for second-half 2026. These are: The Estée Lauder Companies Inc. (EL - Free Report) , Helen of Troy Ltd. (HELE - Free Report) , Nu Skin Enterprises Inc. (NUS - Free Report) , Kenvue Inc. (KVUE - Free Report) and Interparfums Inc. (IPAR - 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 The Estée Lauder Companies Inc.Zacks Rank #1 Estée Lauder continues to gain traction as its Profit Recovery and Growth Plan supports margin recovery, operational efficiencies and stronger sales visibility. The Beauty Reimagined strategy, digital expansion and portfolio investments are helping EL improve innovation, consumer reach and online engagement, while emerging markets and improving trends in Mainland China provide long-term growth support. Online sales growth, stronger social commerce momentum and broader distribution across Sephora, Amazon Premium Beauty and TikTok Shop continue to strengthen the company’s omnichannel position, positioning EL for a more sustainable long-term recovery and growth trajectory. The Estée Lauder has an expected revenue and earnings growth rate of 3.7% and 31.9%, respectively, for the current year (ending June 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 4.3% over the last 60 days. Helen of Troy Ltd.Zacks Rank #2 Helen of Troy is advancing its growth strategy through a focused portfolio of Leadership Brands, including OXO, Hydro Flask and Osprey, which continue to deliver solid performance supported by innovation, new product launches and strong e-commerce execution across channels and key retail partners. HELE’s Elevate for Growth agenda, along with Project Pegasus, is driving efficiency, cost optimization and supply-chain improvements, helping mitigate tariff pressures and enhance long-term profitability. HELE’s strategic initiatives such as global expansion, digital commerce investments, social selling and active portfolio management are expected to support growth, while strong cash flow generation is aiding debt reduction and improving overall financial flexibility. Helen of Troy has an expected revenue and earnings growth rate of -0.1% and -3.1%, respectively, for the current year (ending February 2027). The Zacks Consensus Estimate for the current year’s earnings has remained the same over the last 30 days. Nu Skin Enterprises Inc.Zacks Rank #2 Nu Skin develops and distributes a wide range of premium cosmetics, beauty, personal care and wellness products. While NUS specializes in beauty and personal care, it also provides a wide range of nutritional products. NUS’ products are available in markets worldwide. From a product perspective, NUS operates through two brand categories namely, Nu Skin and Pharmanex. The company offers premium quality personal care products under the Nu Skin brand banner, while nutritional supplements are marketed under Pharmanex. NUS has evolved strongly in the skin care treatments arena, more particularly in anti-aging products. Some of the renowned brands of the company in skin care includes ageLOC and Epoch. NUS also provides a wide range of hair care and other personal care items. The Nu Skin has an expected revenue and earnings growth rate of -4% and -21.3%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has remained same over the last 30 days. Kenvue Inc.Zacks Rank #2 Kenvue operates as a consumer health company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. KVUE operates in three segments: Self Care, Skin Health and Beauty, and Essential Health. KVUE’s brand portfolio includes AVEENO, BAND-AID Brand Adhesive Bandages, JOHNSON'S, LISTERINE, NEUTROGENA, TYLENOL and ZYRTEC. Kenvue has an expected revenue and earnings growth rate of 3.2% and 7.4%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 5.5% over the last 60 days. Interparfums Inc.Zacks Rank #2 Interparfums benefits from a diversified portfolio of leading fragrance brands, continued investments in premium and luxury offerings, expanding digital and travel retail channels, and a strong balance sheet that supports shareholder returns and future launches. IPAR continues to invest in expanding and upgrading its brand portfolio. Alongside the ongoing rollout of its owned ultra-luxury brand Solferino, IPAR resumed distribution of Annick Goutal in early 2026 and reopened two Paris stores with another planned, building presence in higher-end fragrance. Interparfums has an expected revenue and earnings growth rate of -0.1% and -8%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has remained the same over the last 60 days. |
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Ken Hartwick, former Ontario Power Generation CEO, to join PPL Board of Directors | FMP Stock News | |
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, /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced that Kenneth M. Hartwick, a veteran energy industry executive, will join its Board of Directors, effective July 1, 2026. He will serve on the People and Compensation Committee and Finance Committee of the Board. With Hartwick's appointment, PPL's board continues to reflect a broad mix of skills and experiences aligned with the company's strategic priorities."Ken's deep experience across the energy sector, including his leadership as both a utility CEO and CFO, will further strengthen our board," said Craig A. Rogerson, independent Chair of PPL's Board of Directors. "His strategic insight, financial and risk management expertise, and experience overseeing large-scale generation and infrastructure investments will be invaluable as we continue to execute our strategy and deliver for our customers and shareowners." Hartwick most recently served as president and chief executive officer of Ontario Power Generation from 2019 to 2025, during which he led the company's strategic growth and operational performance, including oversight of major generation investments; nuclear, natural gas combined-cycle, hydroelectric and solar operations; and energy transition initiatives. Prior to that, he served as Ontario Power's chief financial officer and held executive leadership roles at Wellspring Financial Corporation, Just Energy Group and Hydro One. He began his career with Ernst & Young, where he became a partner advising clients in the energy and utilities sector. Hartwick currently serves on the boards of MYR Group Inc., where he is board chair, Denison Mines Corp., Independent Electricity System Operator of Ontario and the Investment Management Corporation of Ontario. With Hartwick's appointment, PPL's board will consist of 10 directors. In addition to Rogerson as independent Chair, the board includes eight other independent directors and PPL's president and chief executive officer. About PPL PPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com. Contacts: For news media: Ryan Hill, 610-774-4033 SOURCE PPL Services Corporation |
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Markel International appoints Bhavik Desai as Managing Director, PFR & Cyber | FMP Stock News | |
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, /PRNewswire/ -- Markel Insurance, the insurance operation within Markel Group Inc. (NYSE:MKL), today announced the appointment of Bhavik Desai as Managing Director – PFR & Cyber within its London Market business.In his new role, Desai will lead underwriting strategy, portfolio performance and broker and client engagement across PFR & Cyber, supporting Markel's continued focus on disciplined underwriting, technical excellence and sustainable growth across complex specialty classes. Bhavik Desai, Managing Director of PFR & Cyber at Markel International. Desai succeeds David Sawyer, who remains with the business until his planned retirement at the end of 2026. Since joining Markel in 2013, Desai has held a series of senior underwriting roles, including Head of Professional Indemnity and Director of Professional Indemnity, Media & Entertainment. He has extensive experience across Professional Indemnity, Media & Entertainment and related specialist lines. Before joining Markel, Desai held underwriting leadership roles at AIG, including responsibility for London-placed Professional Indemnity business and the UK & Ireland Construction Professional Indemnity portfolio. At Markel, Desai has helped develop the Professional Indemnity and Media portfolios, with a focus on underwriting discipline, portfolio management, broker engagement and renewal consistency. As Managing Director, PFR & Cyber, Desai will focus on disciplined portfolio performance, developing underwriting talent and strengthening Markel's position across professional, financial and cyber-related risks. He'll also work closely with colleagues across underwriting, claims, actuarial, distribution and operations to support insight-led decision-making and modern underwriting practices. Rohan Davies, Managing Director – London Market, commented: "Bhavik is a highly respected underwriting leader with deep technical expertise, strong broker relationships and a clear understanding of the markets in which our PFR & Cyber teams operate. His appointment provides leadership continuity for the division and supports our focus on disciplined underwriting, portfolio performance and sustainable growth. "PFR & Cyber operate in areas where risk profiles and client needs continue to evolve quickly. Bhavik's experience, judgement and collaborative leadership style make him well placed to lead the division as we continue to develop our proposition for brokers and clients." Desai added: "I'm proud to take on this role and to lead a division with such strong specialist expertise, and market relationships. PFR & Cyber brings together areas that are increasingly important to our brokers and clients, and our focus will remain on disciplined underwriting, responsive service and long-term portfolio performance. "We have talented people across the division and strong relationships across the market. My priority is to build on those foundations, support our teams and continue developing a business that delivers consistent value for brokers, clients and Markel." About Markel Insurance We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide. SOURCE Markel |
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LCII Stock Alert: Halper Sadeh LLC is Investigating Whether LCI Industries is Obtaining a Fair Price for its Shareholders | FMP Stock News | |
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NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of LCI Industries (NYSE: LCII) to Patrick Industries, Inc. for 1.2440 shares of Patrick common stock for each share of LCI Industries common stock.Halper Sadeh encourages LCI Industries shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected] investigati. |
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AGCO Unveils "Legacies of the Land" Campaign Honoring Farming Families for America's 250th | FMP Stock News | |
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Storytelling initiative invites farming families across the country to share their stories as part of a national tribute to American agriculture., /PRNewswire/ -- AGCO (NYSE: AGCO) today launched Legacies of the Land, a nationwide storytelling campaign honoring the farming families who have helped feed and shape the United States for generations and inviting them to share their own histories as part of America's 250th anniversary. AGCO's Legacies of the Land campaign celebrates America's 250th anniversary by honoring farming families whose stories reflect generations of resilience, stewardship and love for the land, inviting farmers nationwide to share their own histories using the #LandLegacies hashtag. Inspired by the idea "Your Story Is America's History," the campaign features an interactive story wall on the Legacies of the Land landing page, where farmers can contribute photos, videos and stories using the #LandLegacies hashtag. Their stories will form a living portrait of American farming across generations. The campaign opens with the stories of three multi-generational farming families: Lehenbauer Farms of Palmyra, Missouri; Matthews Land & Cattle of Oakley, Idaho; and Riney Dairy of Springfield, Kentucky. "I hope that 100 or 200 years from now, somebody can sit here and share how we helped leave the world in a better place," said Mark Lehenbauer, whose family has farmed in Missouri for generations. "Every farming family has a story worth telling, rooted in resilience, stewardship and love for the land," said Eric Hansotia, AGCO's Chairman, President & CEO. "Legacies of the Land gives farmers a way to share their experiences and helps preserve them for this generation and the ones that follow. We are proud to help honor these families and recognize their place in America's history." For John Riney, the 10th generation to farm his family's land in central Kentucky, that legacy came into focus only recently: "After doing all the research and seeing that I'm the 10th generation to farm in central Kentucky, it really opened my eyes to the legacy that we have here." Legacies of the Land reflects AGCO's Farmer-First strategy and its commitment to the farmers it serves across its leading brands: FendtTM, Massey FergusonTM, PTx™ and ValtraTM. Farmers, families and communities are invited to share their stories with #LandLegacies and visit the campaign landing page (https://www.agcocorp.com/us/en/legacies-of-the-land.html) throughout the summer to see their contributions become part of the collection. Fendt, Massey Ferguson and Valtra are registered trademarks of AGCO. PTx is a trademark of AGCO. 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. SOURCE AGCO Corporation |
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Recursion Pharmaceuticals vs. Summit Therapeutics: Which Healthcare Stock Is a Better Buy in 2026? | FMP Stock News | |
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Choosing between Recursion Pharmaceuticals (RXRX +4.83%) and Summit Therapeutics (SMMT +2.21%) requires weighing the broad potential of artificial intelligence against the specific clinical prospects of a high-potential oncology drug candidate.Both companies operate in the high-stakes world of biotechnology, but they take very different paths toward drug development. While Recursion focuses on an industrial-scale platform to find many targets, Summit is betting heavily on the success of a single, promising antibody therapy. Recursion Pharmaceuticals operates as a TechBio company, using its proprietary Recursion OS to automate biological experiments and analyze them with artificial intelligence. The company generates vast amounts of proprietary data to identify potential treatments for oncology, rare diseases, and neuroscience. It works with several major biotech stocks through strategic collaborations, including Roche (RHHBY +1.62%), Genentech, Takeda (TAK +0.44%), Bayer (BAYRY 1.73%), Merck (MRK +0.56%), and Sanofi (SNY +1.12%). Customer concentration in these large-scale partnerships adds a layer of risk to the business, as revenue depends on the continued health of these specific alliances. In fiscal 2025, revenue reached nearly $74.7 million, good for growth of about 26.9% year over year. Despite this growth, the company reported a net loss of close to $644.8 million. This reflects the high cost of maintaining its massive computing infrastructure and advancing a broad pipeline of investigational medicines through various stages of development. As of Recursion’s December 2025 balance sheet, the debt-to-equity ratio stands at roughly 0.1x, which measures total debt against shareholder equity and indicates a very low level of borrowing. The current ratio is approximately 5.5x, meaning the company has five and a half times more short-term assets than short-term liabilities to cover its immediate obligations. Free cash flow was negative at nearly $378.3 million for the year, which is pretty common for clinical-stage companies investing heavily in future research. The case for Summit TherapeuticsSummit Therapeutics is a biopharmaceutical company primarily focused on developing ivonescimab, a bispecific antibody designed to treat various types of solid tumors. The company’s core strategy revolves around a licensing agreement with Akeso (AKESF 4.54%), which grants Summit the rights to develop and commercialize this lead candidate in major global territories including North America and Europe. Because the company’s future depends almost entirely on this one drug, its commercial success is highly concentrated on clinical trial outcomes and the relationship with its supply partner. In fiscal 2025, the company reported no revenue, as it doesn’t yet have products for sale. The net loss for the year was approximately $1.1 billion, a significant increase from previous periods. This high level of spending is largely due to the expensive late-stage clinical trials required to prove the efficacy and safety of ivonescimab to regulatory agencies. As of Summit’s December 2025 balance sheet, the debt-to-equity ratio is zero, meaning the company carries no debt relative to its shareholder equity. Its current ratio is nearly 9.9x, which shows a very strong ability to meet short-term financial commitments with existing cash and assets. Free cash flow for the period was negative at close to $240.2 million, reflecting the ongoing costs of drug development without any incoming product revenue. Risk profile comparisonRecursion Pharmaceuticals faces risks related to its significant history of operating losses, including an accumulated deficit of roughly $2.1 billion. There is no guarantee that its AI-driven platform will successfully produce approved drugs, and the company requires substantial new capital to continue its operations. Furthermore, the business relies on third-party manufacturers and strategic partners, and any issue with these relationships or disruptions in the supply chain could hinder development. Summit Therapeutics is heavily exposed to concentration risk, as its business value is almost entirely tied to ivonescimab. If this single candidate fails in clinical trials or does not receive regulatory approval, the company would be would be up a creek without a paddle. Additionally, Summit has massive future financial obligations to its partner Akeso, including potential payments of up to $4.56 billion, and faces stiff competition from established oncology giants like Merck and Bristol-Myers Squibb (BMY +1.81%). Valuation comparisonRecursion Pharmaceuticals currently trades at a high multiple of its revenue, while Summit Therapeutics has no price-to-sales ratio due to its lack of product sales. MetricRecursion PharmaceuticalsSummit TherapeuticsP/S ratio19.3N/ASector benchmark uses the SPDR XLV sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers. Which stock would I buy in 2026?I think Recursion Pharmaceuticals looks more attractive here. It posted a significantly smaller loss in its most recent fiscal year, and the company has multiple big-name partnerships currently employing its proprietary system. There is no guarantee Recursion's platform is going to produce anything that moves the needle, but I like that it has diversification among clients (and therefore, presumably among drugs). Plus, I don't think pharma giants like Merck or Sanofi are at risk of going out of business. On the other hand, Summit is basically betting the house on ivonescimab. That concentration risk is not a thing I would go in for. It has plenty of dry powder, sure, but it's all being directed toward one place. If this single drug candidate fails, I'm not sure if Summit could pivot to something else, and even if it could, how long that might take. Furthermore, Summit relies on a single partnership, unlike Recursion, which has multiple companies it's teaming up with. |
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Ameris Bank Marks America's 250th Birthday with $25,000 Gift to Support Military Education | FMP Stock News | |
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ATLANTA--(BUSINESS WIRE)--In commemoration of America's 250th birthday, Ameris Bank is donating $25,000 to the University of North Georgia (UNG) to support education for the nation's up-and-coming military leaders. The funds will enable 25 high school students to attend the university's National Leadership Challenge weekend event, along with 10 scholarships of $2,000 each for entering freshman cadets. “We wanted to honor the nation in a way that is meaningful with lasting benefits,” said Ameris. |
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QuidelOrtho (QDEL) Moves 32.2% Higher: Will This Strength Last? | FMP Stock News | |
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QuidelOrtho (QDEL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. |
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Hub Group (NASDAQ: HUBG) Investigated for Potential Federal Securities Laws Violations – Lowey Dannenberg, P.C. | FMP Stock News | |
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NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a top complex litigation law firm, is investigating Hub Group Inc. (NASDAQ: HUBG) (“Hub Group” or the “Company”) for potential violations of the federal securities laws.On February 5, 2026, Hub Group announced that it would restate its financial statements for the first, second, and third quarters of 2025 due to an error that resulted in the understatement of purchased transportation costs and accounts payable. The Company disclosed that the total reduction to accounts payable and purchased transportation costs related to the identified error was $77 million for the nine months ended September 30, 2025. The Company delayed its full earnings release and stated that it is continuing to assess the potential impact on its financial statements for 2023 and 2024, indicating the scope of the accounting errors may extend beyond 2025. “Our investigation concerns whether the company and its executives provided investors with accurate and complete information about the company,” said attorney Andrea Farah, Lowey Dannenberg, P.C. partner and head of the firm’s securities practice. If you suffered a loss of more than $50,000 in Hub Group securities, and wish to participate, or learn more about your eligibility, click here, or contact our attorneys Andrea Farah ([email protected]) at (914)733-7256 or Vincent R. Cappucci Jr. ([email protected]) at (914)733-7278. About Lowey Dannenberg Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors. Contact Lowey Dannenberg P.C. 44 South Broadway, Suite 1100 White Plains, NY 10601 Tel: (914) 733-7256 Email: [email protected] SOURCE: Lowey Dannenberg |
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Sallie Mae Launches New Parent Loan to Help Families Cover College Costs | FMP Stock News | |
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NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae today announced the launch of a new Parent Loan designed to give families an additional, flexible option to pay for higher education as federal student loan options evolve. The Sallie Mae® Parent Loan allows credit-qualified individuals, including parents, guardians, or significant others, to support the financing of undergraduate and graduate education for students and offers competitive interest rates that can be lower than federal Parent PLUS loans,. |
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RPM to Announce Fiscal 2026 Fourth-Quarter and Year-End Results on July 22, 2026 | FMP Stock News | |
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MEDINA, Ohio--(BUSINESS WIRE)--RPM to Announce Fiscal 2026 Fourth-Quarter and Year-End Results on July 22, 2026. |
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Children with Achondroplasia Treated with TransCon CNP Showed Continued Improvements in Lower Extremity Alignment at Week 104 of the Pivotal ApproaCH Trial | FMP Stock News | |
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June 30, 2026 08:30 ET | Source: Ascendis PharmaData presented during ICCBH 2026 showed that improvements in tibial-femoral angle (TFA), a measure of lower extremity alignment, continued through Week 104Greater improvements observed in children with preexisting genu varum (leg bowing) COPENHAGEN, Denmark, June 30, 2026 (GLOBE NEWSWIRE) -- Ascendis Pharma A/S (Nasdaq: ASND) today announced new radiographic data from Week 104 from the completed pivotal ApproaCH Trial of once-weekly TransCon CNP (navepegritide) in children with achondroplasia. In the trial, TransCon CNP-treated children demonstrated continued improvements in lower extremity alignment through up to two years of treatment, including improvements in tibial-femoral angle (TFA). As previously reported, improvements in annualized growth velocity were maintained and ACH-specific height Z-score increased with TransCon CNP treatment through Week 104. The data were presented by Leanne M. Ward, M.D., FRCPC, Professor of Pediatrics at the University of Ottawa and Children's Hospital of Eastern Ontario, during the 12th International Conference on Children's Bone Health (ICCBH 2026) held in Montreal, Canada. “These results show that continuous exposure to active C-type natriuretic peptide (CNP) provided by once-weekly TransCon CNP positively affected skeletal growth and lower limb alignment in children with achondroplasia, with the potential to address serious complications of skeletal dysplasia that contribute to chronic pain, altered mobility, and need for surgical intervention,” said Dr. Ward. “These outcomes reinforce previously reported data showing TransCon CNP’s ability to support healthy and proportional growth, further highlighting its potential to advance pharmacological treatment for achondroplasia.” ApproaCH Trial Design ApproaCH was a randomized, double-blind, placebo-controlled pivotal trial in 84 children with achondroplasia aged 2–11 years, investigating TransCon CNP (100 µg/kg once-weekly) versus placebo for 52 weeks, followed by an open-label extension (OLE) in which all participants received TransCon CNP through Week 104. Radiographic assessments of lower extremity alignment were conducted at baseline, Week 52, and Week 104. Highlights of Radiographic Assessments at Week 104 of the Pivotal ApproaCH Trial Improvements in TFA and TFA Z-scores continued through Week 104 and were greater in children with baseline TFA ≥ 5°: The average TFA in all children treated with TransCon CNP during the double-blind period was 9.1° at baseline, decreasing to 7.7° at Week 52 and 6.9° at Week 104, reflecting a mean absolute change of -2.2 degrees over the two-year treatment period. In the subgroup of children with baseline TFA ≥ 5° (reflecting children with preexisting genu varum), the average TFA was 13.4° at baseline, decreasing to 11.3° at Week 52 and 9.6° at Week 104, reflecting a mean absolute change of -3.8 degrees over the two-year treatment period.The average TFA in children switching from placebo to TransCon CNP treatment at Week 52 was 11.5° at baseline, increasing to 11.8° at Week 52 and decreasing with TransCon CNP treatment to 10.1° at Week 104, reflecting a mean absolute change of -1.7 degrees during the OLE period. In the subgroup of children with baseline TFA ≥ 5°, the average TFA was 18.2° at baseline, increasing to 18.7° at Week 52 and decreasing with treatment to 14.9° at Week 104, reflecting a mean absolute change of -3.8 degrees during the OLE period.In children treated with TransCon CNP in the double-blind period, mean TFA Z-score was 3.62 at baseline and decreased to 3.15 at Week 52 and 2.96 at Week 104, reflecting a mean absolute change of -0.66 over the two-year treatment period. In the subgroup of children with baseline TFA ≥ 5°, mean TFA Z-score was 5.40 at baseline and decreased to 4.67 at Week 52 and 4.36 at Week 104, reflecting a mean absolute change of -1.04 over the two-year treatment period.In children switching from placebo to TransCon CNP at Week 52, mean TFA Z-score was 4.08 at baseline, increased to 4.76 at Week 52, and decreased to 4.28 at Week 104, reflecting a mean absolute change of -0.48 from Week 52 to Week 104. In the subgroup of children with baseline TFA ≥ 5°, mean TFA Z-score was 6.13 at baseline, increased to 7.56 at Week 52, and decreased to 6.35 at Week 104, reflecting a mean absolute change of -1.21 from Week 52 to Week 104. Results also showed that fibula-to-tibia length ratio remained stable in the overall clinical trial population during the open-label extension, reflecting proportional growth of the lower leg. Through up to two years of treatment, TransCon CNP was generally well tolerated, with a low rate of ISRs (all mild), no symptomatic hypotension, and no acceleration of bone age. Most adverse events in TransCon CNP-treated children were mild or moderate, with none leading to treatment discontinuation or withdrawal from the trial. A slide presentation with these data will be made available on the Investors & News section of the Ascendis Pharma website: https://investors.ascendispharma.com. About TransCon CNP TransCon CNP is a prodrug of C-type natriuretic peptide (CNP) administered once weekly, designed to provide continuous exposure of active CNP to receptors on tissues throughout the body to counteract the overactive FGFR3 signaling in achondroplasia. In February 2026, TransCon CNP was approved by the U.S. Food & Drug Administration (FDA) under the trade name YUVIWEL® to increase linear growth in pediatric patients 2 years of age and older with achondroplasia with open epiphyses. Ascendis Pharma’s Marketing Authorisation Application for YUVIWEL is under review by the European Medicines Agency, with a regulatory decision anticipated in the fourth quarter of 2026. About Achondroplasia Achondroplasia is a rare genetic condition arising from a systemic fibroblast growth factor receptor 3 (FGFR3) variant that leads to an imbalance in the effects of the FGFR3 and CNP signaling pathways, estimated to affect more than 250,000 people worldwide. While historically considered a bone growth disorder, the FGFR3 variant seen in achondroplasia is expressed in tissues throughout the body, and is associated with an increased risk of muscular, neurological, and cardiorespiratory complications in addition to skeletal dysplasia. Medical complications of achondroplasia can vary from individual to individual and across different stages of life. Throughout infancy and childhood, observed complications include spinal abnormalities, enlarged brain ventricles, impaired muscle strength and reduced stamina, hearing deficits and chronic ear infections, upper airway obstructions, sleep-disordered breathing, hip problems, leg bowing, and chronic pain; some of which persist or worsen in adulthood. These medical complications can affect physical well-being and quality of life, and may be impacted by a range of individual, clinical, and social factors. Some individuals with achondroplasia require multiple procedures and surgeries to address specific functional or anatomical concerns. About Ascendis Pharma A/S Ascendis Pharma is a global biopharmaceutical company focused on applying our innovative TransCon technology platform to make a meaningful difference for patients. Guided by our core values of Patients, Science, and Passion, and following our algorithm for product innovation, we apply TransCon to develop new therapies that demonstrate best-in-class potential to address unmet medical needs. Ascendis is headquartered in Copenhagen, Denmark, and has additional facilities in Europe and the United States. Please visit ascendispharma.com to learn more. Forward-Looking Statements This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding Ascendis’ future operations, plans and objectives of management are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of such statements include, but are not limited to, statements relating to (i) TransCon CNP’s ability to address serious complications of skeletal dysplasia, including those that contribute to chronic pain, altered mobility, and need for surgical intervention, (ii) TransCon CNP’s ability to deliver healthy and proportional growth and its potential to advance pharmacological treatment of achondroplasia, (iii) the anticipated timing of a regulatory decision by the European Medicines Agency regarding YUVIWEL, (iv) Ascendis’ ability to apply its TransCon technology platform to make a meaningful difference for patients and (v) Ascendis’ use of TransCon to create new and potentially best-in-class therapies. Ascendis may not actually achieve the plans, carry out the intentions or meet the expectations or projections disclosed in the forward-looking statements and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions, expectations and projections disclosed in the forward-looking statements. Various important factors could cause actual results or events to differ materially from the forward-looking statements that Ascendis makes, including, without limitation: dependence on third‑party manufacturers, distributors, and service providers for Ascendis’ products and product candidates; risks related to regulatory review and approval, including the possibility of delays, requests for additional data or analyses, restrictions or limitations on use, approval with labeling that is more limited than expected, or failure to obtain approval in the United States, European Union, or other jurisdictions; clinical development risks, including that results from ongoing or future trials may not confirm earlier data; unforeseen safety or efficacy findings in development programs or on‑market products; manufacturing, supply chain, quality, or logistics issues that could delay development or commercialization; unforeseen expenses related to commercialization of any approved Ascendis products; unforeseen research and development or selling, general and administrative expenses and other costs impacting Ascendis’ business generally; market acceptance, pricing, and reimbursement challenges, including payer coverage decisions and health technology assessments; competitive developments, including new or improved therapies; intellectual property protection, freedom‑to‑operate, and litigation risks; Ascendis’ ability to obtain additional funding, if needed, to support its business activities; cybersecurity, data privacy, and information technology disruptions; and the impact of international economic, political, legal, compliance, public health, and business factors, including tariffs, trade policies, currency fluctuations, and geopolitical events. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Ascendis’ business in general, see Ascendis’ Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (SEC) on February 11, 2026, and Ascendis’ other future reports filed with, or submitted to, the SEC. Forward-looking statements do not reflect the potential impact of any future licensing, collaborations, acquisitions, mergers, dispositions, joint ventures, or investments that Ascendis may enter into or make. Ascendis does not assume any obligation to update any forward-looking statements, except as required by law. Ascendis, Ascendis Pharma, the Ascendis Pharma logo, the company logo, TransCon, and YUVIWEL® are trademarks owned by the Ascendis Pharma group. © June 2026 Ascendis Pharma A/S. Investor Contacts:Media Contact:Chad FugereMelinda BakerAscendis PharmaAscendis Pharma+1 (650) 519-7494+1 (650) 709-8875 |
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IFF Launches SENSORA™, an Innovative Pro-Fragrance Technology Platform | FMP Stock News | |
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NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) — a global leader in flavors, fragrances, food ingredients and health and biosciences — today announced the launch of SENSORA™, its advanced patent-pending pro-fragrance technology designed to transform how scent is experienced across home, fabric and personal care applications. Developed to meet the rising demand for a longer-lasting and more sophisticated scent experience, SENSORA™ delivers an evolving olfactive profile with sustained release, extend. |
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OS Therapies Provides U.S. Regulatory Update | FMP Stock News | |
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Type B Meeting requested to follow up on September 2025 End of Phase 2 FDA Meeting guidance on statistical methods to be used for BLA Submission Seeking to align FDA with MHRA & EMA on 3-year overall survival as approval endpoint Biomarker data submitted to FDA BEST program as surrogate clinical efficacy data Synthetic historical control arm OST-400 recruitment potentially adds comparator for BLA submission under the Accelerated Approval Review of Rolling Review, RMAT & Breakthrough Therapy designation requests sought New York, New York and Rockville, Maryland--(Newsfile Corp. - June 30, 2026) - OS Therapies, Inc. (NYSE American: OSTX) ("OS Therapies" or "the Company"), the world leader in gene-edited, Listeria-based cancer immunotherapies, today provided regulatory update on the Company's interactions with the U.S. Food and Drug Administration (FDA) in its pursuit of a Biologics License Application (BLA) under the Accelerated Approval Program (Accelerated Approval) for OST-HER2 in the prevention or delay of recurrence in fully resected, pulmonary metastatic osteosarcoma (the "Metastatic Osteosarcoma Program"). OS Therapies has requested a Type B Meeting to review the Company's 2.5-year overall survival data and to confirm alignment that 3-year overall survival data is an approvable clinical efficacy endpoint. |
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Leonardo DRS Schedules Second Quarter 2026 Earnings Conference Call for July 30, 2026 | FMP Stock News | |
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ARLINGTON, Va., June 30, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) has scheduled a conference call for Thursday, July 30, 2026 beginning at 10:00 a.m. (ET) to discuss its second quarter 2026 results. The company plans to issue its quarterly earnings press release prior to the conference call.The live audio broadcast of Leonardo DRS’s conference call with corresponding press release and supplemental information will be available on the company’s investor relations website. To attend the conference call or webcast, participants should register online at https://investors.leonardodrs.com. A replay will be available on the company’s website approximately two hours after the conclusion of the conference call and will remain available for 90 days. About Leonardo DRS Leonardo DRS, Inc. (Nasdaq: DRS) is at the forefront of developing transformative defense technologies using its proven agility and delivering innovative solutions for U.S. national security customers and allies worldwide. We specialize in rapidly providing high-performance, multi-domain capabilities across next-generation advanced sensing, network computing, force protection, and electric power and propulsion. Our reputation as a trusted provider is built on a continuous focus on practical innovation, delivering quality, and meeting our customers’ most demanding mission requirements. For further information on our complete range of capabilities, visit www.LeonardoDRS.com. Forward-Looking Statements This communication contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Those statements reflect current expectations, assumptions and estimates of future performance and economic conditions. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Leonardo DRS Investor Relations Contact Steve Vather Senior Vice President, Corporate Development (M&A) and Investor Relations +1 703 409 2906 [email protected] Leonardo DRS Media Contact Carrie Robinson Vice President, Marketing and Corporate Communications +1 321 266 7691 [email protected] |
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Sarepta Announces FDA Acceptance of sNDAs for AMONDYS 45® and VYONDYS 53® | FMP Stock News | |
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CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, today announced that the U.S. Food and Drug Administration (FDA) has accepted for filing the supplemental New Drug Applications (sNDAs) for AMONDYS 45® (casimersen) and VYONDYS 53® (golodirsen) for the treatment of Duchenne muscular dystrophy (DMD). The FDA has assigned a Prescription Drug User Fee Act (PDUFA) target action data of February 28, 2027. The sNDA. |
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PATK Stock Alert: Halper Sadeh LLC is Investigating Whether Patrick Industries, Inc. is Obtaining a Fair Price for its Shareholders | FMP Stock News | |
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NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Patrick Industries, Inc. (NASDAQ: PATK) and LCI Industries. Upon completion of the proposed transaction, Patrick shareholders will own approximately 52% of the combined company. Halper Sadeh encourages Patrick shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or zhalper@h. |
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South Carolina Expands Access to Government Services with Tyler Technologies' Resident AI Assistant | FMP Stock News | |
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AI-powered solution provides residents with 24/7 multilingual access to trusted state government informationPLANO, Texas--(BUSINESS WIRE)--Tyler Technologies, Inc. (NYSE: TYL) successfully launched its Resident AI Assistant in South Carolina to improve the speed at which residents can access information. The assistant, named “Bradley,” acts as a centralized, conversational gateway to South Carolina’s government services, delivering answers sourced directly from verified .gov websites across state agencies. “South Carolina supports more than five million residents across dozens of state agencies, each with its own programs and websites,” said Nathan Hogue, state chief information officer for the South Carolina Department of Administration. “Bradley gives residents a single, trusted starting point for government information. Whether they need DMV guidance, court resources, or tax assistance, Bradley helps them find accurate answers in seconds, allowing our staff to focus on more complex service needs.” Home to more than five million residents across 46 counties, South Carolina continues to invest in digital government services. The statewide launch of Bradley reflects the state’s commitment to expanding access to government resources through secure, purpose-built technology designed for the public sector. Since launching in September 2025, Bradley has demonstrated a strong impact, including: More than 38,000 questions answered from over 10,800 unique users An average of 195 questions resolved per day, peaking at 426 in a single day An 82.2% first-contact resolution rate, with most inquiries answered in one exchange 24/7 availability, with 15% of interactions occurring on weekends and significant after-hours usage Support for 54 languages, with approximately 6% of interactions in non-English languages By retrieving information exclusively from verified South Carolina government websites, Bradley provides residents with real-time, trusted responses. The solution also delivers actionable analytics that give the state visibility to resident needs, such as vehicle services, legal and court information, and tax information. These insights help the state make data-driven improvements to content, processes, and service delivery. “Tyler’s Resident AI Assistant is designed specifically for government, with safeguards, transparency, and analytics that go well beyond a traditional chatbot,” said Liz Thomas, president of Tyler’s State & Federal Group. “By centralizing resident access, South Carolina is delivering a more responsive, efficient, and accessible government experience.” About Tyler Technologies, Inc. Tyler Technologies (NYSE: TYL) is a leading provider of technology solutions purpose-built exclusively for the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other. By connecting data and processes across disparate systems, Tyler’s solutions strengthen the core operations of government and help agencies turn insight into action for their communities. With more than 50,000 installations across 16,000 client locations, Tyler serves clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including on Government Technology’s GovTech 100 list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com. #TYL_General |
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AMD Price Target Hike, SMCI Office Raid & Big Bank Downgrades Close Out 2Q | FMP Stock News | |
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There's a lot to digest for investors on a shortened holiday week. Tom White talks about how current yield levels and the end of earnings season offer a chance for markets to cool down. |
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Vertex Pharmaceuticals Has One Of The Widest And Most Durable Moats In Biotech | FMP Stock News | |
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Vertex Pharmaceuticals Incorporated maintains a dominant, monopoly position in cystic fibrosis, driving highly predictable, recurring revenue and justifying its valuation premium. VRTX is leveraging its CF cash flows to expand into pain, hematology, and renal franchises, with promising catalysts in each area, notably Pove for IgAN. Non-CF franchises are gaining traction, with Journavx and Casgevy contributing to revenue growth; renal (Pove) is positioned to become a major driver post-2027. |
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Concentrix Reports Downbeat Q2 Earnings, Joins Nuvectis Pharma, Vishay Intertechnology And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session | FMP Stock News | |
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U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Tuesday.Concentrix reported quarterly earnings of $2.63 per share, which missed the analyst consensus estimate of $2.64, according to Benzinga Pro data. Quarterly revenue came in at $2.46 billion, which missed the consensus estimate of $2.47 billion by 0.44%. Concentrix shares dipped 24% to $19.19 in pre-market trading. Here are some other stocks moving lower in pre-market trading. Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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Atlantic Union Bankshares Corporation To Release Second Quarter 2026 Financial Results | FMP Stock News | |
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RICHMOND, Va.--(BUSINESS WIRE)--Advisory for quarterly earnings call. |
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SEI Expands SEC-Registered Transfer Agency | FMP Stock News | |
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Envision Provides Core Technology to Support Traditional and Alternative Asset Managers with Registered Fund Services, /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the expansion of its transfer agency solutions with the introduction of SEI Transfer Agency and Registry Services, Inc. to support a broader range of fund structures. Registered with the Securities and Exchange Commission (SEC), the transfer agency supports U.S.-based traditional and alternative asset managers offering SEC-registered, retail-distributed funds. It will leverage core technology from Envision Financial Systems (Envision), a leading investor accounting platform provider. For 18 years, SEI's institutional transfer agency has supported a range of products, including CITs, servicing more than 1,100 funds representing $395 billion in AUM.1 SEI is expanding its current capabilities to include servicing for semi-liquid alternative investment funds, including '40 Act registered closed-end interval funds, closed-end tender offer funds, and business development companies, as well as '34 Act registered 3(c)(7) funds. Powered by Envision's fully configurable technology platform, allowing for automated, real-time recordkeeping and flexibility to manage data across the enterprise, the transfer agency's comprehensive suite of capabilities includes: Investor recordkeeping and accounting Transaction processing Investor and representative digital interfaces Business process automation Dealer support services Investor statements, transaction confirmations, and tax form reporting Compliance with all SEC '34 Act requirements Commenting on the expansion, Sean Lawlor, Head of Public Markets for SEI's Investment Managers business, said: "The expansion of SEI's transfer agency capabilities strengthens our role as a trusted strategic partner in helping our clients navigate an ever-changing industry landscape. Leveraging Envision's technology provides us with the added flexibility and reliability to support fund managers at every turn—launching and scaling products, reducing administrative burden, increasing cost efficiency through a single provider, and growing assets. With a focus on delivering a first-class investor experience, underpinned by our advanced operational infrastructure and technology, we are investing in our offerings to enhance the client experience and drive growth." Amid heightened market demand for expanded access to private markets, asset managers are prioritizing opportunities for alternative investments to appeal to qualified retail investors. Semi-liquid funds are an area of particularly fast growth, surpassing $530 billion in total net assets by the end of 2025.2 Phil McCabe, Head of SEI's Investment Managers business, added: "Private and public markets continue to converge, bringing new opportunities and increased complexity. SEI sits at the intersection of technology and investments, and our position at the center of financial services enables us to connect the industry and ecosystem for our clients' benefit. Expanding upon our registered transfer agency allows us to further leverage the breadth of our technology and operations capabilities and expertise to capitalize on the rapid growth of private markets." Brian Jones, Chief Operating Officer of Envision, added: "Envision is excited about our partnership with SEI. Combining the Envision technology suite with SEI's innovative business model is a winning proposition. It's no secret that our industry is experiencing significant growth in the issuance of semi-liquid alternative funds. Servicing these alternative funds with flexible and open technology that is highly automated will make a huge difference." 1As of March 31, 2026. 2Morningstar, "Semiliquid Funds: Top Vehicles, Asset Classes, and Managers," April 2026. About SEI® SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of March 31, 2026, SEI manages, advises, or administers approximately $1.9 trillion in assets. For more information, visit seic.com. About SEI's Investment Managers business SEI's Investment Managers business provides advanced operating infrastructure for investment organizations of all types to evolve and compete in a landscape of escalating business challenges. SEI's global operating platform delivers customized and integrated capabilities across a wide range of investment vehicles, strategies, and jurisdictions to investment managers and asset owners. The company's services enable users to gain scale and efficiency, keep pace with marketplace demands, and run their businesses more strategically. For more information, visit seic.com/ims. Forward-looking statements This communication contains forward-looking statements within the meaning of the rules and regulations of the Securities and Exchange Commission. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "expect," "believe," "can," "continue," "seek," or similar expressions. SEI's forward-looking statements include its current expectations as to: the potential benefits to SEI from the expansion of its transfer agency and its ability to support a broader range of fund structures and asset managers; the anticipated benefits of SEI's technology and services and the ability to support product launch, growth, and operations; and SEI's expected ability to invest in, enhance its offerings, and capitalize on growth opportunities in alternative investments and evolving market structures. You should not place undue reliance on any forward-looking statements, as they are based on the current beliefs and expectations of management and are subject to significant risks and uncertainties, many of which are beyond management's control or are subject to change. Although management believes the assumptions upon which the forward-looking statements are based are reasonable, they could be inaccurate. Some of the risks and important factors that could cause actual results to differ from those described in SEI's forward-looking statements can be found in the "Risk Factors" section of SEI's Annual Report on Form 10-K for the year ended Dec. 31, 2025, filed with the Securities and Exchange Commission. SEI undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Company Contact: Media Contact: Alicia Rudd Eric Hazard SEI Vested +1 610-676-3887 +1 917-765-8720 [email protected] [email protected] SOURCE SEI Investments Company |
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JP Morgan's Top 3 Stocks for 2026: The Halftime Scorecard | FMP Stock News | |
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.Back on December 27, 2025, we wrote about J.P. Morgan’s three overweight picks for 2026 with the highest implied upside: Bright Horizons Family Solutions (NYSE: BFAM | BFAM Price Prediction), Celsius (NASDAQ: CELH), and GE Vernova (NYSE: GEV). At the halfway point of the year, the scoreboard tells a counterintuitive story. The pick with the lowest percentage upside, GE Vernova, has cleared its target. The two names J.P. Morgan flagged with the largest implied gains have moved in the other direction. We compared each stock’s move since the original call to J.P. Morgan’s full-year 2026 target, weighing operational drivers, beat-and-raise cadence, and Wall Street’s current consensus. Counting down from worst to best: 3. Bright Horizons Family Solutions J.P. Morgan had a 2026 price target of $160 for this stock. Shares closed at $70.89 on June 29, 2026, leaving it down 30.1% year to date. That is the deepest hole of the trio. The Q4 2025 report looked fine on the surface, with adjusted EPS of $1.15 versus $1.12 consensus and revenue of $733.70 million. The problem: management disclosed plans to close 45 to 50 centers in 2026, nearly double the prior estimate, paired with $45.1 million in impairment and lease-termination charges. Multiple law firms initiated securities fraud investigations after the revision. Labor-market softness and enrollment pressure in full-service child care have hit the thesis hard, even as Back-Up Care generated more than $725 million in 2025 revenue. Wall Street still carries an analyst target of $91.11, the forward P/E is 15x, and FY 2026 guidance calls for adjusted EPS of $4.90 to $5.10 on revenue of $3.075 billion to $3.125 billion. The setup is reset-to-recover, but the J.P. Morgan target looks out of reach without a clean operational quarter. 2. Celsius J.P. Morgan’s Celsius target was $68. Shares finished at $29.79 on June 29, 2026, down 34.9% since the beginning of the year. The frustrating part is that fundamentals are working. Q1 2026 delivered revenue of $782.62 million, up 137.7% year over year, beating consensus by 2.89%, with EPS of $0.41 versus the $0.293 estimate. Celsius reached a 20.9% dollar share of the U.S. energy drink category. The market punished integration noise. Folding Alani Nu into PepsiCo’s distribution network compressed gross margin to 48.3% from 52.3%, Rockstar retail sales declined 13%, and a $24.6 million legal settlement accrual showed up in the quarter. CEO John Fieldly framed it as “a defining period for Celsius Holdings.” SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. Wall Street still carries an analyst target of $58.52 with 20 Buy or Strong Buy ratings against zero Sell ratings, and the forward P/E has compressed to 19x. J.P. Morgan’s $68 target is roughly the old high-water target, and clearing it requires margin recovery to the low-50s that management has guided toward. 1. GE Vernova GE Vernova was the lowest-implied-upside pick of the three, and it is the runaway winner. J.P. Morgan’s $1,000 target has already been cleared: shares closed at $1,102.51 on June 29, 2026, up 68.7% year to date and 112.2% over the trailing year. The driver is the AI and data-center power buildout. Q1 2026 revenue of $9.30 billion grew 15.8% year over year, with orders surging 71% organically to $18.30 billion. Electrification booked $2.40 billion in data-center equipment orders in Q1 alone, exceeding all of 2025. Backlog reached a record $150 billion in Q4 2025, and management is targeting 110-plus GW of combined gas turbine backlog and slot reservation agreements by year-end 2026. The 2026 guidance was raised again: revenue of $44.5 billion to $45.5 billion, adjusted EBITDA margin of 12% to 14%, and free cash flow of $6.5 to $7.5 billion. CEO Scott Strazik said, “Demand is accelerating for our Power and Electrification solutions from a diverse set of customers, with our backlog growing by more than $13 billion quarter-over-quarter.” The consensus analyst target of $1,211.72 is just above current levels, the forward P/E is 37x, and shares trade 7% below the 52-week high of $1,181.95. The thesis is intact; the easy money is already on the table. The Halftime Verdict J.P. Morgan’s lowest-upside name carried the franchise. GE Vernova’s year-to-date move blew through the $1,000 price target, while Bright Horizons and Celsius, the two picks with the most implied upside, have undercut their targets by a wide margin. Secular tailwinds like AI-driven power demand can outrun even the most aggressive Wall Street price targets, while consumer and services names dependent on labor markets and brand integrations can stall regardless of how compelling the entry-point math looked in December. Want Up To $1,000? SoFi Is Giving New Active Invest Users Free StockLooking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion—open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. From $0 commission trading to fractional shares and automated investing, this app is designed to simplify investing for everyone, whether you’re just starting or already experienced. Its easy to sign up and secure your bonus. Contact [email protected] for any questions or corrections. |
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$BTC Breaches $59,000 Support Level Amid Major Exchange Restructuring | CoinGecko News | |
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Bitcoin Slips Below $59,000 as Volatility Spikes$BTC fell below the $59,000 mark on June 30, posting a 2.1% intraday loss as market volatility picked up sharply in the final hours before a major regulatory deadline. The move triggered over $145 million in leveraged long liquidations, pushing Bitcoin into a high-velocity liquidity pocket as bulls failed to defend a level that had held for much of the year.Bitcoin traded at $59,270 on June 30, 2026, after a weekly close below $60,000 flipped this year's key support into fresh resistance. The structural significance of the $60,000 level extends beyond technicals. The $60,000 level carries technical importance due to over $1.2 billion in put options open interest at that strike. The broader selloff has been building for weeks. Multiple pressures converged: a sharp selloff in AI and semiconductor stocks, record Bitcoin ETF outflows, a potential delay to the US CLARITY Act, and early selling signals from long-term holders. June set a record with $4.06 billion in net ETF redemptions, topping February 2025's $3.56 billion, with BlackRock's IBIT driving roughly three-quarters of the outflows. MiCA Deadline Adds Pressure Across European MarketsThe price dislocation comes as the crypto industry confronts one of its most significant regulatory inflection points in Europe. Crypto companies operating in the European Economic Area face a July 1, 2026 enforcement deadline under the Markets in Crypto-Assets Regulation (MiCA). From that date, platforms offering crypto services without MiCA authorization must stop serving clients across the bloc. July 1, 2026 is the hard enforcement deadline across the European Economic Area. The European Securities and Markets Authority (ESMA) has confirmed there will be no extension. After that date, any entity providing crypto-asset services to EU clients without a MiCA license is in breach of EU law and must stop. Critically, there is no intermediate or pending status: a firm is either authorized or it is not. Only around 210 of the 1,200-plus VASP entities that held pre-MiCA national registrations have converted to full CASP authorization, a conversion rate of roughly 17%. Major exchanges including Kraken, Coinbase, Bitstamp, Bitpanda, OKX, and Crypto.com have secured licenses, but ten EU jurisdictions have yet to issue a single CASP authorization. Crypto firms operating in the EU must secure licenses before July 1, 2026 or risk losing access to European customers, and regulators in France have warned that non-compliant companies could face enforcement action or blacklisting. The combination of forced exchange restructuring across Europe and mounting macro pressure has left $BTC exposed heading into the second half of 2026. Bitcoin has fallen 31.7% year-to-date and is 52.6% below its October 2025 all-time high of $126,272. This article is for informational purposes only and does not constitute investment advice. Sources: IG UK: Why has Bitcoin crashed below $60,000? Bitcoin.com: MiCA Deadline Hits July 1 as Unlicensed Crypto Platforms Face EU Shutdown Risk Yahoo Finance: July 1 MiCA Deadline Looms: More Than 80% of EU Crypto Firms Still Unlicensed |
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Oklo (OKLO) Stock Climbs on Creative Engineers Acquisition to Advance Aurora Reactor | CoinGecko News | |
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Key Highlights Table of ContentsKey HighlightsStrategic Acquisition Delivers Critical Sodium Technology CapabilitiesTransaction Accelerates Development Timeline and Mitigates Technical UncertaintiesTransaction Expands Oklo’s Comprehensive Nuclear Technology EcosystemGet 3 Free Stock Ebooks OKLO climbs in pre-market sessions following 1.19% gain to reach $53.39 Company acquires Creative Engineers to enhance Aurora reactor sodium capabilities Transaction delivers liquid-metal expertise, manufacturing capacity, and validation capabilities Approximately 20 specialized professionals join Oklo’s technical workforce Strategic move accelerates timeline and minimizes development uncertainties Shares of Oklo Inc. (OKLO) advanced in early trading following the company’s announcement of its Creative Engineers, Inc. acquisition, which enhances its sodium engineering capabilities for the Aurora powerhouse initiative. The stock increased 1.19% to $53.39 in pre-market activity after finishing the previous session 5.52% higher at $52.76. This strategic transaction provides Oklo with enhanced oversight of critical liquid-metal technologies as commercialization approaches. Strategic Acquisition Delivers Critical Sodium Technology Capabilities Oklo announced that the transaction incorporates CEI’s chemical process engineering capabilities into its advanced nuclear technology platform. The acquisition delivers enhanced competencies in sodium-based systems, manufacturing operations, component engineering, and applied scientific research. Consequently, this strategic move directly reinforces the technical infrastructure supporting Oklo’s sodium-cooled Aurora reactor platform. Creative Engineers brings nearly three decades of specialized experience with sodium, sodium-potassium compounds, and lithium-based systems since establishing operations in 1996. The firm’s portfolio encompasses remediation and deactivation activities associated with prominent nuclear sodium initiatives. These landmark projects include the Fast Flux Test Facility, Fermi 1, and Experimental Breeder Reactor II programs. The relationship between Oklo and CEI extends back multiple years prior to this formal acquisition. Previous collaborative efforts encompassed sodium circulation systems, measurement instrumentation, pumping equipment, and specialized safety protocols. Therefore, Oklo is now integrating a proven technical collaborator directly into its core development operations. Transaction Accelerates Development Timeline and Mitigates Technical Uncertainties Oklo anticipates that CEI will enable accelerated engineering processes and improved availability of sodium-handling competencies. The company further projects that this acquisition will minimize uncertainties surrounding specialized infrastructure, validation procedures, manufacturing operations, and workforce development. This strategic importance stems from sodium systems serving as foundational components in Aurora’s planned commercialization strategy. The Aurora platform utilizes a sodium-cooled fast reactor architecture featuring liquid-metal thermal management and inherent safety mechanisms. The engineering approach incorporates natural convection principles to facilitate residual heat dissipation following reactor shutdown. CEI’s specialized sodium experience aligns precisely with Oklo’s reactor development and operational deployment requirements. The acquisition delivers approximately 20 specialized professionals—including engineers, manufacturing technicians, and welding specialists—to Oklo’s technical and production operations. The business unit also contributes positive free cash flow generation, according to company statements. CEI will maintain service relationships with its established commercial clients throughout the nuclear industry. Transaction Expands Oklo’s Comprehensive Nuclear Technology Ecosystem Oklo focuses on developing fast fission energy systems designed to deliver clean, dependable, and economically viable power generation on a worldwide scale. The organization also pursues critical isotope production capabilities and advanced nuclear fuel reprocessing technologies. Its fuel recycling strategy targets the conversion of spent nuclear materials into viable energy resources. The company maintains a site authorization permit issued by the U.S. Department of Energy for advanced fission facility deployment. It has also obtained fuel materials from Idaho National Laboratory to support its development initiatives. Oklo has filed a customized combined license application with the U.S. Nuclear Regulatory Commission. Creative Engineers functions as a process engineering and modular fabrication enterprise with specialized reactive metals proficiency. Its operational scope encompasses pilot-scale research apparatus, liquid-metal infrastructure, and chemical manufacturing systems. Through this transaction, Oklo reinforces its Aurora development trajectory while simultaneously acquiring specialized nuclear production capabilities. Oliver Dale Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected] |
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Columbia Banking System Announces Date of Second Quarter 2026 Earnings Release and Conference Call | FMP Stock News | |
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, /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia"Nasdaq: COLB), parent company of Columbia Bank, today announced it will release second quarter 2026 financial results on Thursday, July 23, 2026, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's second quarter 2026 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or register for the listen-only audiocast. It is recommended you join 10 minutes prior to the start time.Join the audiocast: https://edge.media-server.com/mmc/p/thdt6a5z Register for the call: https://register-conf.media-server.com/register/BIb20bf1c21e7e4dcd93e446da448dd1e9 Access the replay through the Company's investor relations page under the "News & Market Data-Event Calendar" section: https://www.columbiabankingsystem.com About Columbia Columbia Banking System, Inc. (Nasdaq: COLB) is headquartered in Tacoma, Washington and is the parent company of Columbia Bank, an award-winning western U.S. regional bank. Columbia Bank is the largest bank headquartered in the Northwest and one of the largest banks headquartered in the West with offices in Arizona, California, Colorado, Idaho, Nevada, Oregon, Texas, Utah, and Washington. Columbia Bank combines the resources, sophistication, and expertise of a national bank with a commitment to deliver superior, personalized service. The bank supports consumers and businesses through a full suite of services, including retail and commercial banking, Small Business Administration lending, institutional and corporate banking, and equipment leasing. Columbia Bank customers also have access to comprehensive investment and wealth management expertise as well as healthcare and private banking through Columbia Wealth Management. Learn more at www.columbiabankingsystem.com. Note Regarding Forward Looking Statements This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words such as "may," "expected," "anticipate," "continue," or other comparable words. In addition, all statements other than statements of historical facts that address activities that Columbia expects or anticipates will or may occur in the future are forward-looking statements. Readers are encouraged to read the SEC reports of Columbia, particularly its Annual Report on Form 10-K for the Fiscal Year ended December 31, 2025, for meaningful cautionary language discussing why actual results may vary materially from those anticipated by management. SOURCE Columbia Banking System, Inc. |
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National House Prices Reach New High in Slow Motion, According to First American Data & Analytics Monthly Home Price Index Report | FMP Stock News | |
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SANTA ANA, Calif.--(BUSINESS WIRE)--First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its May 2026 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that seg. |
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BTU INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Peabody Energy Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit | FMP Stock News | |
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SAN DIEGO--(BUSINESS WIRE)---- $BTU #BTU--The case alleges Peabody Energy and its top executives made false and/or misleading statements to investors. |
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Progress Software Launches Progress Chef Enterprise Management for NVIDIA DGX Spark, “the World's Smallest AI Supercomputer” | FMP Stock News | |
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Progress Chef brings enterprise-grade secure configuration management and governance to fleets of desktop AI supercomputers at scaleBURLINGTON, Mass., June 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that its Progress® Chef® platform now delivers enterprise lifecycle management and configuration capabilities for NVIDIA DGX Spark, enabling IT teams to securely provision, monitor and manage the desktop AI supercomputer at scale. NVIDIA highlighted Progress Chef’s role in enabling enterprise management for DGX Spark earlier this month in its developer blog. “DGX Spark is bringing powerful AI computing out of the data center and into the hands of developers across the enterprise,” said Sundar Subramanian, Executive Vice President and General Manager, Infrastructure Management at Progress Software. “As this new class of infrastructure scales, organizations must maintain confidence that every system remains secure, compliant and aligned with its intended state. Progress Chef provides the automation and governance needed to move quickly without losing operational control.” NVIDIA DGX Spark delivers petaflop-class AI performance in a compact desktop system, combining advanced hardware with the NVIDIA AI software stack. Designed to put AI supercomputing directly in the hands of developers, DGX Spark enables teams to build, fine-tune and run AI models locally. As these systems expand across offices, research facilities, edge locations and regulated environments, enterprises must manage them with the same rigor as other critical infrastructure. NVIDIA identified Progress Chef as an enterprise manageability partner supporting DGX Spark deployments. Progress Chef enables IT and platform engineering teams to integrate DGX Spark into existing infrastructure operations and automate key lifecycle stages, including: Consistent configuration: Establish and continuously maintain approved system configurationsFleet-wide visibility: Monitor system health, software inventory and configuration postureControlled maintenance: Orchestrate updates and operational changes across staged cohortsContinuous compliance: Detect configuration drift and validate adherence to security policiesGoverned automation: Enforce role-based access, approvals and auditable workflowsIncident response: Automate diagnostics and evidence collection across distributed systemsLifecycle management: Standardize processes from deployment through retirement NVIDIA DGX Spark Enterprise Manageability provides an operational framework spanning procurement, provisioning, monitoring, maintenance, incident response and retirement. Its agentless SSH execution model and standardized JSON output are designed to integrate with enterprise orchestration, monitoring, CMDB and security workflows. Progress Chef complements this framework by providing continuous convergence and governed orchestration across the fleet. Organizations can group systems into cohorts, introduce changes in controlled stages, detect drift and validate outcomes while preserving the flexibility developers need to experiment and innovate. The support for NVIDIA DGX Spark further expands Progress’ infrastructure management capabilities into a fast-growing class of persistent AI infrastructure. It underscores Progress’ broader strategy to help organizations develop, deploy and manage AI securely and responsibly across their data, digital experiences and underlying infrastructure. Pricing and Availability Progress Chef Enterprise Management for NVIDIA DGX Spark is available immediately with an introductory pricing of $189 per year per system. For more information, visit Manage NVIDIA DGX Spark as Enterprise Infrastructure with Chef About Progress Software Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables customers to develop, deploy and manage responsible AI-powered applications and personalized digital experiences with agility and ease. Businesses of all sizes rely on Progress for the products, expertise and vision they need to turn AI disruption into a competitive advantage. Millions of developers and technologists at hundreds of thousands of organizations depend on Progress every day. Learn more at www.progress.com. Progress, Chef and certain product names used herein are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and/or other countries. See Trademarks for appropriate markings. All rights in any other trademarks contained herein are reserved by their respective owners and their inclusion does not imply an endorsement, affiliation or sponsorship as between Progress and the respective owners. Press Contact: Jeff Young Progress Software +1-800-477-6473 [email protected] |
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Momentum Independent Network Launches Momentum Financial Institution Services to Support Community Banks and Credit Unions | FMP Stock News | |
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-New division combines wealth management, investment program support, institutional consulting, and balance sheet resources for community depositories DALLAS--(BUSINESS WIRE)--Momentum Independent Network Inc. (MIN), a member of the Hilltop Holdings Inc. (NYSE: HTH) family of companies and an affiliate of Hilltop Securities Inc. (HilltopSecurities), has announced the launch of Momentum Financial Institution Services (MFIS). This new division is designed to provide comprehensive brokerage, investment advisory, and institutional consulting services specifically tailored to the needs of community banks and credit unions with under $5 billion in deposits. “Serving community banks, credit unions, and other depository institutions has been part of HilltopSecurities’ client business for decades,” said HilltopSecurities President and CEO Brad Winges. “As we looked across the full capabilities of HilltopSecurities’ business lines—from institutional banking and balance sheet support to brokerage, advisory, and investment services—we realized we had a unique opportunity to provide that full suite of capabilities in a more coordinated effort for community depositories. Momentum Financial Institution Services is a natural extension of that work and reflects our commitment to helping these institutions compete, grow, and better serve their customers.” The launch comes at a critical inflection point for community-based financial institutions. For decades, banks and credit unions have relied on networking agreements with broker-dealers to provide customers and members with access to wealth management services. However, continued consolidation across the broker-dealer and third-party marketing space has left the market increasingly dominated by a few national firms focused primarily on larger institutions. As a result, many smaller and mid-sized community programs are underserved, under-resourced, or lacking the hands-on support needed to grow. “The wealth management landscape has shifted, and we recognized a significant void in how community banks and credit unions are being supported,” said Scott McCaffrey, Head of Momentum Independent Network. “By leveraging the deep institutional resources of the Hilltop family of companies and our boutique service model, we are providing these firms with the sophisticated tools and hands-on partnership they need to remain competitive and profitable in a rapidly evolving market.” Led by experienced industry veteran Michael Forster, Momentum Financial Institution Services aims to address the specific challenges facing smaller programs, including stagnant branch referral rates, an aging advisor workforce, technology limitations, advisor transition needs, and the growing demand for sustainable non-interest income. In addition to brokerage and advisory support, the new division is closely aligned with HilltopSecurities’ broader Bank Initiative, which provides community financial institutions with access to strategic consulting and institutional resources across key areas of the business. This includes support around asset-liability considerations, balance sheet strategy, liquidity planning, and other consulting-driven solutions designed to help banks strengthen their overall financial position. “This division inside Momentum Independent Network was intentionally built to not just be an alternative option for community banks and credit unions, but their default provider,” said Forster. “The market is clearly signaling a need for a viable support option as the service gap widens for smaller community programs. HilltopSecurities is one of only a few firms capable of meeting these diverse needs* — not just from an investment services standpoint, but as a broader strategic partner to the institution.” MFIS Welcomes HNB Investments Momentum Financial Institution Services has already demonstrated its model through the successful onboarding of HNB National Bank’s investment services program, HNB Investments. Located in Hannibal, MO, and representing more than $112 million in assets under management, the relationship serves as a key example of the division’s ability to transition, support, and grow community bank investment programs. “We looked at a lot of the firms in the space, and after doing a full due diligence review, we chose to move our investment business to Momentum Financial Institution Services,” said John Zimmer, President and CEO of HNB National Bank. “They brought the right combination of resources, understanding our needs, and commitment to supporting a community bank program like ours.” For HNB Investments, the transition has provided access to enhanced technology, expanded platform capabilities, and a high-touch support model. “We’re excited to leverage the self-clearing HilltopSecurities platform at Momentum Financial Institution Services and are already seeing real efficiencies in the technology that we didn’t have at our previous firm,” said Shelby Terrill, Financial Advisor with HNB Investments. “Additionally, the support and guidance throughout this transition have been outstanding. The Momentum Financial Institution Services team went the extra mile to make the transition process as painless as possible.” Momentum Financial Institution Services takes a “deep dive” approach to institutional program health, helping banks and credit unions evaluate their existing investment services programs and identify opportunities to improve profitability, advisor productivity, branch engagement, and long-term growth. Whether an institution is looking to revitalize an underperforming program, recruit and retain advisors, strengthen internal referrals, or launch a de novo investment services offering, MFIS provides a clear path to building sustainable value. “We see an opportunity to help the number of community depositories without an investment services program. Through our Momentum Advisor Connect program, we believe community banks and credit unions now have access to a turnkey solution for launching a scalable investment services program. Historically, many institutions—particularly those with lower deposit levels or located in rural markets—have faced significant barriers to entry. Our solution is uniquely designed to help institutions implement an investment services program, create a path to non-interest income, and preserve institutional ownership and control,” Forster said. “We are about pursuing relationships that make sense for both sides and helping these institutions strengthen their programs for the long term.” About Momentum Independent Network Inc. Momentum Independent Network Inc. (MIN), a Texas corporation, is a full-service broker dealer and Registered Investment Adviser and a member of FINRA and SIPC serving independent registered representatives and their clients across the United States. The firm is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH) and a sister company of Hilltop Securities Inc., through which it clears its securities business. Learn more at MomentumIN.com. *Based on current investment banks providing broker-dealer and fixed income services to financial institutions. More News From Hilltop Securities Inc. Back to Newsroom |
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The Unflappable Dealmaker Tasked With Crafting Comcast's Next Act | FMP Stock News | |
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Michael Angelakis is one of a core group of co-CEO Brian Roberts's trusted advisers. |
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Comcast Just Split Itself Up: These 5 Conglomerates Could Be Next | FMP Stock News | |
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Comcast’s (NASDAQ: CMCSA | CMCSA Price Prediction) move to carve out its cable networks into the Versant spinoff marks a definitive turning point in the great conglomerate unbundling: the notorious “conglomerate discount” that has eroded shareholder value for over a decade is officially on the chopping block across the S&P 500.The strategy isn’t just theory but is actively delivering results. Look no further than Honeywell International (NASDAQ: HON), whose shares have surged 16.8% year to date through June 29. As the century-old industrial giant executes its own historic breakup, Wall Street is making it clear that leaner, more focused businesses are winning the market. More conglomerates are sitting on the same setup. Here is the ranked list of who the market is pricing for a split next. 1. Honeywell: The Blueprint Is Already Live The surprise pick is the one already pulling the trigger. Honeywell is a breakup in motion, and that is precisely why it leads this list. This demonstrates in real time what the market does when management stops defending a conglomerate structure and starts dismantling it. The Aerospace spin-off (HONA) is completed, Solstice Advanced Materials already trades as SOLS, and the Productivity Solutions and Warehouse Workflow units are being sold to Brady and (likely) American Industrial Partners, respectively. The numbers behind the move reveal why management capitulated. Q1 FY26 segment revenue split into Aerospace Technologies at $4.32 billion (+4%), Building Automation at $1.88 billion (+11%), and Industrial Automation at $1.42 billion (−11%)—four businesses pulling in four directions inside one holding company. Adjusted EPS of $2.45 beat the $2.32 estimate, while the backlog hit $38.3 billion. CEO Vimal Kapur called it the “final steps to conclude our multi-year portfolio transformation.” If Honeywell is the blueprint, the next name on the list is the one every activist on Wall Street has been circling for three years. 2. Disney: ESPN Is Already Standing on Its Own Two Feet Walt Disney (NYSE: DIS) has the cleanest sum-of-the-parts gap on the board. Entertainment, Sports, and Experiences are three distinct businesses with three distinct multiples, and the market is treating the whole at the multiple of the slowest piece. Shares are down 13.3% year to date while the parks business sets records. The ESPN-NFL Network swap, in which ESPN acquired NFL Network in exchange for a 10% noncontrolling interest in ESPN, looks very much like the architecture one would build before separating a business. The Q2 FY26 segment data underlines the divergence. Entertainment revenue of $11.72 billion grew 10%, Sports/ESPN posted $4.61 billion at +2%, and Experiences delivered a record $9.49 billion at +7%. Inside Entertainment, SVOD revenue of $5.49 billion grew 13%, and operating income surged 88% to $582 million. Three engines, three growth rates, one stock trading at a forward P/E of 13x. Error: Invalid chart data JSON If Disney’s discount is the most-discussed in media, the next name on this list is the most untouchable conglomerate in American finance, and the post-founder era has just begun. 3. Berkshire Hathaway: The Post-Buffett Test Berkshire Hathaway (NYSE: BRK-B) is the ultimate conglomerate, and the question of whether insurance, BNSF, Berkshire Hathaway Energy, and the equity portfolio belong under one roof has been off-limits for 60 years. It is no longer off-limits. Shares are down 1.3% year to date through June 29 at $496, lagging the broader market while the company holds a fortress balance sheet. New CEO Greg Abel inherits a structure that, by sheer scale, invites the sum-of-the-parts conversation. The valuation math is what makes this credible. Berkshire trades at a P/E of 15 and a P/B of 1.47, with a free cash flow yield of 3.61%. Operating margin is 15.9% with interest coverage of 11.6x, the kind of balance sheet that would let any one of the wholly-owned units stand alone immediately. Whether Abel ever pulls a thread is speculation, but the structural setup is unambiguous: this is the largest holding company on the New York Stock Exchange, and the discount is no longer protected by personality. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Berkshire Hathaway didn't make the cut. Grab the names FREE today. From the most fortified balance sheet in America to one of the most fragile, the next name has been openly speculated as a defense-versus-commercial split for years. 4. Boeing: Defense Prints Cash, Commercial Still Bleeds Boeing (NYSE: BA) has already shown it is willing to surgically remove pieces. The $9.67 billion gain on the divestiture of Digital Aviation Solutions in Q4 FY25 proved CEO Kelly Ortberg will sell what does not fit. The deeper structural question, the one analysts have circled since the MAX crisis, is whether Defense, Space & Security belongs inside the same legal entity as a Commercial Airplanes franchise still operating at a −6.1% margin. Q1 FY26 made the divergence concrete. Commercial Airplanes revenue of $9.20 billion grew 13%, Defense Space & Security hit $7.60 billion at +21% with operating earnings up 50% to $233 million, and Global Services posted $5.37 billion at +6%. Total backlog ramped to a record $695 billion, while debt was cut to $47.2 billion from $54.1 billion. Shares trade roughly flat year to date at $214.69, while the underlying defense business compounds at a rate that the consolidated reporting completely obscures. Error: Invalid chart data JSON Speculation about a defense carve-out is just that, speculation. Yet the divestiture machinery is already warm. 5. Intel: The Spin That Could Reprice the Entire Sector The payoff slot belongs to Intel (NASDAQ: INTC), where the foundry-versus-products split is the single largest potential value unlock in semiconductors. CEO Lip-Bu Tan has not announced a separation, but every operational move points in one direction. Nvidia bought $5.0 billion of Intel common stock, the U.S. government took significant equity via CHIPS Act, and a multiyear Google partnership for custom ASIC IPUs all sit beside a Foundry unit still burning roughly $2.5 billion per quarter in operating losses. The market has noticed: shares are up 257.0% year to date. Q1 FY26 made the segment divergence impossible to ignore. Client Computing revenue of $7.73 billion grew just 1%, Data Center & AI hit $5.05 billion at +22%, and Intel Foundry posted $5.42 billion at +16%. Non-GAAP EPS of $0.29 demolished the $0.0127 estimate, the sixth straight quarter of revenue above expectations. With headcount cut to 85,100 from 108,900 and a $4.07 billion restructuring charge already booked, the foundation for a separation has been laid. Error: Invalid chart data JSON Foundry as a standalone CHIPS-backed pure play, Products as a profitable design house anchored by Data Center & AI: that is the bull case the market has begun to price, and Reddit chatter has tracked it closely, with peak activity on June 26 at 303 upvotes and 163 comments, as the restructuring story developed. The Market Has Already Spoken Comcast made the playbook explicit, while Honeywell ran it and rerated. Disney has rebuilt ESPN’s legal architecture for separation. Berkshire’s post-founder era removes the cultural moat protecting the holding company structure. Boeing has already proven it will divest, and Intel’s foundry losses make the spin math straightforward. The conglomerate discount used to be a structural inevitability. In the current cycle, it is a closing window. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Berkshire Hathaway didn't make the cut. Grab the names FREE today. Contact [email protected] for any questions or corrections. |
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Comcast Says It's Splitting Its Media and Tech Businesses. The Stock Is Soaring | FMP Stock News | |
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Comcast shares are soaring after the company announced plans to split its media and technology businesses. |
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WEC Energy Group: A Future Dividend Aristocrat To Watch Now | FMP Stock News | |
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10.89K FollowersAnalyst’s Disclosure: I/we have a beneficial long position in the shares of WEC, MSFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2026-06-30 13:22
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2026-06-30 08:30
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Paychex Small Business Jobs Index Improves for the Fourth Consecutive Month | FMP Stock News | |
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Job gains were broad based while hourly earnings growth remains below three percentROCHESTER, N.Y., June 30, 2026 (GLOBE NEWSWIRE) -- The Paychex Small Business Jobs Index—a primary component of the monthly Paychex Small Business Employment Watch report—shows the pace of job growth among U.S. small businesses with fewer than 50 employees improved for the fourth consecutive month in June, matching its highest index level since August 2025 (99.83) and marking the first four-month consecutive increase since November 2020. While gains were broad based, increases across the West region (1.22 percentage points) and the Leisure & Hospitality sector (1.68 percentage points) helped drive the jobs index gains in June. Meanwhile, hourly earnings growth for U.S. workers remains below three percent (2.80%). Weekly hours worked (0.14%) continued to trend positively for the fourth consecutive month, as weekly earnings growth in June reported 2.80%. “The pace of small business job growth improved for a fourth consecutive month in June, matching its highest level since August 2025 and once again reinforcing the resilience of small businesses,” said John Gibson, Paychex president and CEO. “Broad-based momentum across most regions and many states, coupled with continued increases in weekly hours worked and earnings, signals steady demand for workers among small businesses as we move through summer.” “The pace of employment growth across our overall client base improved again in June, with slightly stronger growth among those with 50 or more employees,” Gibson added. Jobs Index and Wage Data Highlights All regions increased their small business employment growth rate during the past quarter, with the largest three-month gain in the West (1.95 percentage points).All sectors improved their pace of small business employment growth during the past quarter, led by Leisure and Hospitality (1.69 percentage points). Education and Health Services topped sectors for small business job growth in June, while Leisure and Hospitality’s one-month surge from ranking sixth also helped lift industry’s jobs index level (99.55) to a two-year high.Indiana (101.46) reclaimed its role as the top state for small business employment growth, a position it has held for nine of the last 24 months.California’s jobs index (100.01) gained more than two percentage points during the past quarter to land above 100 in June – a first since March 2024. About the Paychex Small Business Employment Watch Since 2014, the Paychex Small Business Employment Watch has been a trusted source of employment trends for U.S. small businesses with fewer than 50 employees. The Employment Watch website offers interactive charts and historical data across the report’s two key components – the jobs index and wage data – as well as the methodology for both analyses. Visit the Bloomberg Terminals or subscribe to receive monthly alerts with the latest data. *Information regarding the professions included in the industry data can be found at the Bureau of Labor Statistics website. About Paychex Paychex, Inc. (Nasdaq: PAYX) provides a comprehensive suite of expert-enabled technology and advisory solutions that help businesses manage HR, payroll, and benefits. Serving approximately 800,000 clients and paying 1 in 11 U.S. private sector workers, Paychex combines scale, trusted expertise, and innovation to help businesses succeed. Built on more than 50 years of workforce experience and one of the industry’s largest proprietary HR datasets, Paychex’s WISE agentic AI platform embeds intelligence directly into workflows to improve productivity, enhance decision-making, and deliver better outcomes. Learn more at paychex.com. Media Contacts Tracy Volkmann Paychex, Inc. Manager, Public Relations (585) 387-6705 [email protected] @Paychex Erin McAward ICR, Inc. Account Director [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9d2d3725-ffb7-4b07-b8d9-f54dd1333374 |
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ComEd Receives Approval to Launch its First Virtual Power Plant Program for Customers in 2027 | FMP Stock News | |
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-New first-of-its-kind program in Illinois will support grid affordability and reliability while allowing customers with battery storage to earn incentives for participating CHICAGO--(BUSINESS WIRE)--ComEd today announced that the Illinois Commerce Commission (ICC) has approved the company’s proposal to launch a new Scheduled Dispatch Virtual Power Plant (SDVPP) program, an initiative shaped by Illinois’ Clean and Reliable Grid Affordability Act (CRGA). At the direction of CRGA, the program is designed to increase the amount of battery storage available across northern Illinois that can be deployed during times of high electricity demand, helping to relieve pressure on the grid and support reliability and affordability for customers. A virtual power plant, or VPP, brings together many customer‑owned energy resources, such as battery storage and solar, also known as distributed energy resources (DERs), and coordinates them to act as a single power source. By working in tandem, these resources can supply energy to the grid during periods of highest demand. The new SDVPP program, expected to become available in 2027, will allow customers who choose to participate to send stored energy from their batteries back to the grid during pre‑defined times when the system is most strained. VPPs are an important tool for managing growing electricity demand, supporting grid reliability, and creating opportunities for customers to earn incentives in recognition of their support for resource adequacy and broader customer affordability. “ComEd is focused on advancing innovative solutions that strengthen the grid while helping customers better manage their energy use and costs,” said Andrew Plenge, vice president of strategy and energy policy at ComEd. “This Scheduled Dispatch Virtual Power Plant program, as envisioned by CRGA, is an important step in bolstering the potential of customer-sited energy resources to make the grid more resilient during periods of peak demand while helping customers receive additional value for their support at a time when supply costs are rising.” Driven by economic development, electrification, the growth of data centers and increasingly extreme weather, electricity demand continues to rise. Programs like virtual power plants help keep the grid resilient during periods of highest electricity use by using energy that customers have already generated or stored. By supporting the grid during peak demand, VPPs can also help manage system upgrade costs as new demand is added, reducing the need for more expensive infrastructure investments over time. ComEd’s SDVPP proposal builds on Illinois’ clean energy policies and consistent with CRGA, will expand on this first VPP offering by 2029 to include other distributed energy resources such as electric vehicles. “This program is exactly what Illinois lawmakers intended when they passed the Clean and Reliable Affordable Grid Act last fall: a way to quickly put distributed energy resources to work for the whole grid,” said Will Kenworthy, Midwest Regulatory Director at Vote Solar. “We are excited to see ComEd move quickly to stand up the Scheduled Dispatch Virtual Power Plant, which rewards customers for sharing their stored energy during peak demand while driving down system costs for all ratepayers. It’s a model for how the clean energy transition can save people money.” The SDVPP is the latest example of how ComEd is expanding programs that give customers more tools and incentives to better manage their energy use while supporting grid flexibility and reliability. These efforts build on ComEd’s broader investments in energy efficiency, distributed generation and other customer programs. In recent years, the company has awarded more than $2.5 billion in incentives to help offset the cost of energy-efficiency improvements and connected approximately 1.8 gigawatts of distributed energy resources to the grid. About ComEd ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 company and one of the nation’s largest utility companies, serving almost 11 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state's population. For more information visit ComEd.com, and connect with the company on Facebook, Instagram, LinkedIn, X, and YouTube. More News From ComEd Back to Newsroom |
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Frontdoor's Business Is Still Strong, But Competition Is Heating Up (Rating Downgrade) | FMP Stock News | |
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Integration of 2-10 and expansion with SkySlope have enhanced Frontdoor's real estate channel, supporting attach rate and organic growth despite macro headwinds. Frontdoor's pricing power, high retention, and non-warranty upsell growth drive a projected 5% revenue CAGR and improved EBITDA margin targets. Competitive threats, notably from Assurant, warrant caution; with shares at all-time highs and no near-term catalysts, I would wait for a better entry. |
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Prestige Consumer Healthcare Inc. Announces Offering of $400 Million Senior Notes | FMP Stock News | |
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TARRYTOWN, N.Y., June 30, 2026 (GLOBE NEWSWIRE) -- Prestige Consumer Healthcare Inc. (NYSE: PBH) (the “Company”) announced today that its wholly-owned subsidiary, Prestige Brands, Inc. (“Prestige Brands”), intends to offer, subject to market and other conditions, up to $400 million in aggregate principal amount of new senior notes due 2034 (the “notes”) in a private offering. The notes will be senior unsecured obligations of Prestige Brands and will be guaranteed by the Company and certain of its domestic subsidiaries.The Company intends to use the net proceeds from the proposed offering, together with cash on hand, to redeem all $400 million of Prestige Brands’ outstanding 5.125% Senior Notes due 2028 (the “2028 notes”), and to pay related fees and expenses. Prestige Brands expects to give notice of its intention to redeem the 2028 notes pursuant to the indenture governing the 2028 notes, at a redemption price equal to 100.0% of the principal amount thereof, plus accrued and unpaid interest to the date of redemption. The redemption of the 2028 notes is conditioned on the completion of an offering of new unsecured senior notes in an aggregate principal amount of at least $400 million (the “Financing Condition”). Prestige Brands may waive the Financing Condition in its sole discretion. The notes and related guarantees are being offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) or, outside the United States, to persons other than “U.S. persons” in compliance with Regulation S under the Securities Act. This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes and related guarantees. Any offers of the notes and related guarantees will be made only by means of a private offering memorandum. The notes and related guarantees have not been registered under the Securities Act, or the securities laws of any other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from registration requirements. About Prestige Consumer Healthcare Inc. Prestige Consumer Healthcare markets, sells, manufactures and distributes consumer healthcare products to retail outlets throughout the U.S. and Canada, Australia, and in certain other international markets. The Company’s diverse portfolio of brands include Breathe Right® nasal strips, Monistat ® and Summer’s Eve ® women’s health products, BC ® and Goody’s ® pain relievers, Clear Eyes® and TheraTears® eye care products, DenTek® specialty oral care products, Dramamine® motion sickness treatments, Fleet® enemas and glycerin suppositories, Chloraseptic® and Luden’s ® sore throat treatments and drops, Compound W® wart treatments, Little Remedies® pediatric over-the-counter products, Boudreaux’s Butt Paste ® diaper rash ointments, Nix® lice treatment, Debrox® earwax remover, Gaviscon® antacid in Canada, and Hydralyte® rehydration products and the Fess® line of nasal and sinus care products in Australia. Note Regarding Forward-Looking Statements This news release contains “forward-looking statements” within the meaning of the federal securities laws that are intended to qualify for the Safe Harbor from liability established by the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” generally can be identified by the use of forward-looking terminology such as “intends,” “expects,” “may,” and “will” (or the negative or other derivatives of each of these terms) or similar terminology. The “forward-looking statements” include, without limitation, statements regarding the Company’s expectations regarding the offering of the notes and the redemption of the 2028 notes. These statements are based on management’s estimates and assumptions with respect to future events and financial performance and are believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results could differ materially from those expected as a result of a variety of factors, including general economic and business conditions. A discussion of other factors that could cause results to vary is included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2026 and other periodic reports filed with the Securities and Exchange Commission. Investor Relations Contact 914-524-6819 [email protected] Source: Prestige Consumer Healthcare Inc. |
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Dario Appoints Former Humana Chief Compliance Officer Sean O'Reilly to Advisory Board to Support Strategic Growth and Healthcare Partnerships | FMP Stock News | |
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O'Reilly's extensive experience across healthcare compliance, risk management, regulatory oversight and payer operations expected to support Dario's continued expansion with health plans, employers and providers as Dario moves closer to careO'Reilly's track record of leveraging advanced data analytics and AI in supporting value-based care strongly aligned with Dario's AI transition , /PRNewswire/ -- DarioHealth Corp. (NASDAQ: DRIO) (the "Company", "DarioHealth" or "Dario"), a leader in AI-enabled digital health solutions, today announced the appointment of Sean O'Reilly to its Advisory Board. The appointment reflects Dario's continued focus on strengthening its strategic guidance as the Company advances its channel partner-led growth strategy and moves closer to care across the payer, provider and employer markets. Mr. O'Reilly brings extensive healthcare compliance, risk management, regulatory oversight and legal experience across complex healthcare, insurance and clinical operations. He has led compliance programs supporting Medicare Advantage, Medicaid, employer group medical and specialty insurance, military healthcare, hospice and home health, value-based primary care and pharmacy benefit management organizations. "Sean brings an exceptional combination of healthcare compliance leadership, operational and payer industry expertise, as well as M&A experience," stated Dario's Chief Executive Officer, Erez Raphael. "His perspective will be invaluable as we continue to expand Dario's relationships across the healthcare ecosystem, accelerate adoption of our AI-powered behavioral health and chronic multi-condition management platform, and move closer to care." "Dario is operating in one of the most important areas of healthcare, where digital engagement, clinical impact, regulatory confidence and measurable value must come together," said Mr. O'Reilly. "The Company's platform is well aligned with the needs of health plans, providers and employers seeking scalable solutions that improve outcomes while supporting accountability and operational excellence. I look forward to working with Erez and the Dario team as the Company continues to expand its role across the healthcare ecosystem." Prior to consulting in a prominent Healthcare Risk Management & Advisory practice, O'Reilly spent more than 13 years at Humana, including serving as Senior Vice President and Chief Compliance Officer, where he led enterprise compliance programs across Medicare Advantage, Medicaid, employer-sponsored health plans, pharmacy benefit management, home health, hospice, military healthcare and value-based care operations. His experience leveraging advanced data analytics and AI to strengthen compliance oversight, operational performance and value-based care aligns closely with Dario's commitment to delivering measurable healthcare outcomes through innovative technology solutions. Mr. O'Reilly is also a licensed attorney with a background in mergers and acquisitions. His work integrates privacy, ethics and technology-driven risk analysis to strengthen compliance culture, support operational integrity and enable strategic growth. About DarioHealth Corp. (NASDAQ: DRIO) DarioHealth Corp. (NASDAQ: DRIO) is a leading digital health company revolutionizing how people with chronic conditions manage their health through a user-centric, multi-chronic condition digital therapeutics platform. Dario's platform and suite of solutions deliver personalized and dynamic interventions driven by data analytics and one-on-one coaching for diabetes, hypertension, weight management, musculoskeletal pain and behavioral health. Dario's user-centric platform offers people continuous and customized care for their health, disrupting the traditional episodic approach to healthcare. This approach empowers people to holistically adapt their lifestyles for sustainable behavior change, driving exceptional user satisfaction, retention and results and making the right thing to do the easy thing to do. Dario provides its highly user-rated solutions globally to health plans and other payers, self-insured employers, providers of care and consumers. To learn more about Dario and its digital health solutions, or for more information, visit http://dariohealth.com. Cautionary Note Regarding Forward-Looking Statements This news release and the statements of representatives and partners of DarioHealth Corp. related thereto contain or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company is using forward-looking statements in this press release when the Company's belief that Mr. O'Reilly's experience is expected to support the Company's continued expansion with health plans, employers and providers; the Company's belief that Mr. O'Reilly's appointment will strengthen its strategic guidance; the Company's expectation to continue advancing its channel partner-led growth strategy; the Company's future adoption of its AI-powered behavioral health and chronic multi-condition management platform; the Company's expectation to continue expanding its relationships across the healthcare ecosystem; the Company's expectation to continue expanding its role across the payer, provider and employer markets; the Company's belief its platform is well aligned with the needs of health plans, providers and employers; and the Company's belief its technology will continue to support measurable healthcare outcomes. Without limiting the generality of the foregoing, words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this news release. Factors that may affect the Company's results include, but are not limited to, regulatory approvals, product demand, market acceptance, impact of competitive products and prices, product development, commercialization or technological difficulties, the success or failure of negotiations and trade, legal, social and economic risks, and the risks associated with the adequacy of existing cash resources. Additional factors that could cause or contribute to differences between the Company's actual results and forward-looking statements include, but are not limited to, those risks discussed in the Company's filings with the U.S. Securities and Exchange Commission. Readers are cautioned that actual results (including, without limitation, the timing for and results of the Company's commercial and regulatory plans for Dario™ as described herein) may differ significantly from those set forth in the forward-looking statements. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. DarioHealth Corporate Contacts Michael Lipari SVP Corporate Development [email protected] +1-201-785-6310 Rob Halpern SVP Marketing [email protected] Logo- https://mma.prnewswire.com/media/1920436/DarioHealth_Logo.jpg SOURCE DarioHealth Corp. |
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2026-06-30 13:19
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The Humana Foundation Deepens Investment in Emotional Health, Announcing Over $12 Million in New Grants | FMP Stock News | |
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-2026 investments focus on scaling community-based programs and funding innovative research to end senior loneliness LOUISVILLE, Ky.--(BUSINESS WIRE)--The Humana Foundation, the philanthropic arm of Humana Inc. (NYSE: HUM) for the past 45 years, today announced its first slate of 2026 grants, dedicating over $12.2 million to programs and research focused on emotional well-being. The funding will support 13 nonprofit organizations and five university research teams focused on combating loneliness, depression and social isolation among seniors and veterans nationwide. The 2026 national grants scale the Foundation’s proven interventions to end senior loneliness by fostering social engagement and building community solutions. With major investments in organizations like Older Adults Technology Services (OATS) from AARP ($3,000,000), Friendship Bench ($1,000,000) and the National Recreation & Park Association ($890,000), the Foundation is equipping communities across the country with the tools – from digital health literacy to peer-to-peer mental health support – to improve well-being for seniors in their own neighborhoods. “Loneliness isn’t something we have to accept as a natural part of aging; it's a public health crisis we can actively solve,” said Tiffany Benjamin, CEO of the Humana Foundation. “We're investing in the local leaders and innovative researchers building social connections that lead to healthier, more joyful lives for our loved ones and neighbors as they grow older.” By leveraging a strategic mix of nonprofit grantmaking, academic research partnerships, and thought leadership through published insights, the Humana Foundation deploys diverse investment levers to advance evidence-driven and community-centered solutions. These efforts are reflected in the following 2026 grants. Regional / National Investments in Emotional Health In four key regions and beyond, the Humana Foundation is funding community-based interventions to combat isolation, including integrating behavioral health services into primary care and fostering purposeful intergenerational connections: Texas Young Men's Christian Association of Greater San Antonio (YMCA) ($1,084,000): This grant enhances senior mental health support with accessible counseling, group sessions and educational presentations to reduce stigma and improve well-being. Meadows Mental Health Policy Institute for Texas ($525,000): This grant will integrate behavioral health into a primary care setting for seniors experiencing depression and cognitive concerns. Florida Seniors in Service of Tampa Bay ($711,000): This program aims to reduce feelings of loneliness and depression among low-income, isolated or chronically ill seniors and veterans in Duval County by using volunteers to provide companionship and connection. Kentucky Owsley Brown Frazier Historical Arms Museum Foundation ($450,000): A new partnership in Louisville, this grant leverages humanities-based programming using artifacts from the museum’s collection to combat isolation and foster a sense of purpose for residents across 14 assisted living campuses. Home for Good ($250,000): This new partnership supports a permanent supportive housing model in Louisville, integrating behavioral health programming to address loneliness, depression, trauma and substance use disorders. Multi-State Interventions African American Male Wellness Agency ($750,000): This new partnership will expand access to mental health resources for African American seniors and veterans in Louisville, KY, and Houston, TX, to reduce loneliness and depression through monthly peer-to-peer sessions and annual community wellness events. Help Us Grow ($150,000): This grant will expand a program where seniors provide reading tutoring to school-aged youth, fostering intergenerational connection and social connectedness for seniors in Florida, Texas and Kentucky. Film Independent ($1,250,000): This grant supports the development of media projects that elevate lived experiences of aging, caregiving and emotional well-being. Milken Institute's Future of Aging ($350,000): This grant supports research to better understand the conditions that allow caregivers, particularly those in historically underserved communities, to maintain social connection. Elizabeth Dole Foundation ($100,000): Our investment in EDF supports efforts to elevate the lived experiences of military and veteran caregivers. Advancing Research in Emotional Health and Nutrition The Humana Foundation is also investing $1.75 million in five institutions exploring new frontiers in emotional health and nutrition, from leveraging AI technology to advancing health equity through culturally tailored interventions and whole-person care: University of Houston (Marino A. Bruce, PhD, MDiv, MSRC): To validate loneliness measures for middle-aged and older Black men. University of Michigan (Jeffrey T. Kullgren, MD, MS, MPH): To measure loneliness, social isolation and well-being among diverse older Americans through a multi-state poll in Florida, Kentucky, Louisiana and Texas. Emory University (Regina A. Shih, PhD): To develop an intergenerational caregiver support intervention to address mental health, loneliness and social isolation for youth and older family caregivers in Florida. Florida State University (Zhe He, PhD, Mia Liza A. Lustria, PhD, and Dawn Carr, PhD): To develop an AI-enabled digital social concierge to promote community engagement and reduce loneliness among underserved seniors living alone. University of Pennsylvania (Kevin Volpp, MD, PhD and Lauren A. Eberly, MD, MPH): To evaluate the impact of medically tailored meals on reducing emergency room visits and rehospitalizations for diverse seniors with heart failure. The Humana Foundation will announce a second slate of grants advancing its health equity mission in Fall 2026. About the Humana Foundation The Humana Foundation was established in 1981 as the philanthropic arm of Humana Inc. and is focused on health equity, working to eliminate unjust, avoidable, and unnecessary barriers in health and healthcare. The Foundation fosters evidence-based collaborations and investments that help people in underserved communities live connected, healthy lives. As a steward of good health, the Foundation creates healthy emotional connections for people and communities and is shaping a healthier approach to nutrition to support lifelong well-being. For more information, visit humanafoundation.org. More News From Humana Inc. Back to Newsroom |
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2026-06-30 13:18
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Nutanix and the North Carolina School of Science and Mathematics Partner to Expand Computer Science Access Across North Carolina | FMP Stock News | |
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SAN JOSE, Calif., and DURHAM, N.C., June 30, 2026 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, and the North Carolina School of Science and Mathematics (NCSSM), the number one public high school in the United States, today announced the establishment of the Nutanix Endowed Professorship in Computer Science. This endowment is funded by a one-time corporate grant of $250,000 from Nutanix and is dedicated to expanding high-quality computer science education statewide. The endowment is expected to be matched by state dollars in late 2026.The Challenge: Bridging the Rural Digital Divide Access to robust technical learning pathways remains uneven across North Carolina, particularly within rural and underserved communities. While the state's Department of Public Instruction enacted a mandate requiring high school students to pass a computer science course to graduate, localized funding for essential teacher training remains severely restricted. The newly established Nutanix Endowed Professorship in Computer Science directly addresses this critical gap by supporting NCSSM initiatives in teacher training and provision of systemic open-source educational resources in North Carolina. Scalable Impact Through Virtual Learning NCSSM Computer Science faculty provide high-level computer science instruction to public schools across North Carolina. By equipping students and educators with the skills required to integrate computational thinking into their academic journeys, this initiative is designed to create a cascading positive effect that reaches thousands of students well beyond NCSSM's physical campuses. A primary vehicle for scaling this endowment’s impact across the state is NCSSM Connect, an innovative educational outreach program that uses synchronous, high-definition video conferencing to deliver real-time, interactive STEAM (Science, Technology, Engineering, Arts, and Math) courses directly to public high school classrooms statewide. By streaming directly into local schools, NCSSM Connect enables students in rural and economically disadvantaged communities to take honors and AP-level computer science courses that their local schools might not otherwise be able to offer. Tech as a Force for Good “The grant lifts up communities that have historically lacked access to critical STEAM disciplines and shape the next generation of digital leaders,” said Jennifer Lepird, Chief People Officer at Nutanix. “We believe that innovation thrives when everyone has a seat at the table. Supporting this endowment reflects our commitment to using technology as a force for good by expanding access to computer science education in North Carolina - a place where many of our employees live and work.” The endowment builds upon Nutanix's global philanthropy program, Nutanix Spark, which focuses on building “Well Communities” and nurturing student interest in STEAM education. Nutanix has a substantial and well-established presence in Durham, North Carolina. The location serves as one of Nutanix’s primary East Coast hubs, anchoring its operations in the Research Triangle region. Through the Nutanix Endowed Professorship in Computer Science, the company aims to continue shaping the future technology workforce and expanding access to high quality computer science education in North Carolina. “NCSSM has always focused on removing economic barriers to advanced STEAM education; no student pays tuition to attend our school. Nutanix’s leadership gift significantly amplifies that mission,” said Todd Roberts, Chancellor at NCSSM. “By tying this endowment to our open-source curriculum model, Nutanix is helping us provide students and teachers in every corner of North Carolina - especially those in under-resourced rural areas - with the training and tools they need at no cost to them.” Charles Robinson Appointed as the Endowed Professor Charles Robinson will serve as Nutanix Endowed Professor of Computer Science at NCSSM. He joined NCSSM in August 2019 as an Instructor of Computer Science after working within the Durham school system since 2012 as a technology technician, high school Career and Technical Education (CTE) teacher, and instructional assistant. He holds a master's degree in instructional technology from North Carolina Central University. While he initially taught in NCSSM's residential program, he now teaches exclusively through NCSSM Connect. In this role, he delivers honors curriculum including Introduction to Computer Science, Intro to Artificial Intelligence and Computational Thinking, and Connected Computing reaching some 100 remote high school students across North Carolina each year. “Through NCSSM Connect, my absolute focus is on teaching high school students across North Carolina, virtually entering their local classrooms to provide rigorous computer science education,” said Charles Robinson, Nutanix Endowed Professor of Computer Science at NCSSM. “This funding ensures we can expand our reach, spark deep student engagement, and empower young minds to lead confidently and ethically in the modern digital economy.” Deepening a Decade Long Partnership NCSSM has relied on the Nutanix Cloud Platform for over ten years. As NCSSM has grown, including expanding its physical footprint and digital reach across North Carolina, the school’s Nutanix infrastructure has scaled right alongside it. “As a proud partner for over a decade, NCSSM is thrilled to be a longtime Nutanix customer. For more than 10 years, we have trusted Nutanix hardware and software solutions to host the essential server infrastructure powering both our Durham and Morganton campuses. This generous donation further strengthens a partnership dedicated to providing a reliable digital foundation for the next generation of STEAM leaders.” - Justin Fleming, NCSSM Chief Information Officer Future Outlook and Implementation Timeline The endowment process is expected to be fully completed over the next three years. However, immediate implementation steps include: Fall 2026 Curriculum: Beginning this fall, six NCSSM Connect courses will be taught by Nutanix Endowed Professor of Computer Science Charles Robinson.Teacher Training Pilots: In anticipation of the endowment funds becoming available, the Engineering and Computer Science Department will explore opportunities in the upcoming year to pilot computer science teacher training initiatives.Advanced AI Ecosystems: The endowment expands on NCSSM's existing technical ecosystem, which includes the Ryden Program for Innovation and Leadership in AI, helping ensure that foundational data science and ethical computer science training remain ahead of the curve. NCSSM has a storied history of cultivating world-changing pioneers, from Carl Ryden, whose vision helped establish the school's AI programming, to legendary alumna Christina Koch '97, the record-breaking astronaut and crew member for the Artemis II mission. The Nutanix Endowed Professorship of Computer Science paves the way for the next generation of North Carolina students to follow in these historic footsteps. For more details on the program and how public high schools can access these open-source resources, visit https://www.ncssm.edu/ncssm-connect. About NCSSM North Carolina School of Science and Mathematics is a world-class public high school with statewide reach empowering students with the skills and knowledge to design their future. Specializing in science, technology, engineering, and math, and embracing the humanities and fine arts, NCSSM is one school with two campuses and a host of statewide program offerings. It challenges talented high school juniors and seniors from across North Carolina through its Residential program on its original campus in Durham and on a new campus that opened in Morganton in 2022. NCSSM’s Online program, virtual Connect courses, and summer offerings extend its transformative impact to every corner of the state and to younger students. Founded in 1980 as the first of its kind, NCSSM has become the model for 18 such specialized schools around the globe and is a member of the 17-institution University of North Carolina System. Its 15,000-plus alumni include local and global leaders in medicine, technology, commerce, education, and the arts – a community of problem solvers who build a brighter future. About Nutanix Nutanix is a hybrid multicloud computing leader, offering organizations a unified software platform for running applications and AI and managing data anywhere. With Nutanix, organizations can simplify operations for traditional and modern applications, freeing them to focus on business goals. Trusted by more than 30,000 customers worldwide, Nutanix helps empower organizations to transform digitally and power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media. © 2026 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. (“Nutanix”) in the United States and other countries. All other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix. Customer statements on results, benefits, savings or other outcomes depend on a variety of factors including their use case, individual requirements, and operating environments, and should not be construed to be a promise or obligation to deliver specific outcomes or as guarantees of future performance. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b785e846-8d3e-48bf-9596-35d94463b7d1 NCSSM Nutanix Endowed Professorship Charles Robinson, Nutanix Endowed Professor of Computer Science at the North Carolina School of Scie... |
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2026-06-30 13:17
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Sonoma Pharmaceuticals Receives FDA 510(k) Clearance Expanding Indications and Packaging Options for Microdacyn(R) Wound Irrigation Solution | FMP Stock News | |
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BOULDER, CO / ACCESS Newswire / June 30, 2026 / Sonoma Pharmaceuticals, Inc. (NASDAQ:SNOA), a global healthcare leader in hypochlorous acid (HOCl) technology, today announced it has received a new 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Microdacyn® Wound Irrigation Solution, including expanded claims, clearance for multiple use, and additional packaging configurations.Under this new clearance, Microdacyn Wound Irrigation Solution can be used under the supervision of a healthcare professional for cleansing, irrigating, moistening, debridement and removal of foreign material including microorganisms from exudating and/or dirty wounds, acute and chronic dermal lesions, such as Stage I-IV pressure ulcers, stasis ulcers, diabetic ulcers, post‑surgical wounds, first and partial thickness second degree burns, abrasions, minor irritations of the skin, diabetic foot ulcers, ingrown toe nails, grafted and donor sites, and exit sites, and for moistening and lubricating absorbent wound dressings. Microdacyn Wound Irrigation Solution can also be used for OTC management of minor skin abrasions, minor lacerations, minor irritations and intact skin of the face, eyelid and eyelashes. The new 510(k) clearance expands the use case to single patient, multiple use. The 510(k) also adds new packaging configurations, including 4 oz, 8 oz, 16 oz, and 34 oz PET bottles with a polypropylene flip-top cap, and a 4 oz PET bottle with polypropylene sprayer or spray gun, each with a 24-month shelf life. "This expanded FDA clearance is another example of how we continue to strengthen the value of our Microcyn technology platform," said Amy Trombly, CEO of Sonoma Pharmaceuticals. "By broadening product claims, adding multiple-use labeling and introducing new packaging options, we are creating additional opportunities for our commercial partners while increasing the attractiveness of our wound care portfolio to prospective distributors and private-label customers. We remain committed to regulatory investment as it provides an important competitive advantage for Sonoma and supports our long-term growth strategy." About Sonoma Pharmaceuticals, Inc. Sonoma Pharmaceuticals is a global healthcare company specializing in stabilized hypochlorous acid (HOCl) technology for medical, veterinary and consumer healthcare applications. With decades of expertise in HOCl formulation, manufacturing and regulatory science, Sonoma helps healthcare companies develop, manufacture and commercialize innovative products through contract development, regulatory support and commercial manufacturing. The company's patented Microcyn® technology platform supports a broad range of applications, including wound care, burn care, dermatology, senior and baby care, podiatry, eye care, oral care and animal health. Sonoma's regulatory portfolio includes 23 FDA 510(k) clearances, along with product registrations and approvals in markets around the world, providing commercial partners with an established pathway to market. Headquartered in Boulder, Colorado, Sonoma operates a high-capacity manufacturing facility in Guadalajara, Mexico, and European commercial headquarters in Roermond, Netherlands. The company supports commercial partners in more than 55 countries and is actively expanding its global partner network. For partnership opportunities, including contract development, licensing, commercial manufacturing and distribution, please contact [email protected]. More information is available at www.sonomapharma.com. Forward-Looking Statements Except for historical information herein, matters set forth in this press release are forward-looking within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements about the commercial and technology progress and future financial performance of Sonoma Pharmaceuticals, Inc. and its subsidiaries (the "company"). These forward-looking statements are identified by the use of words such as "continue," "develop," "anticipate," "expect" and "opportunities," among others. Forward-looking statements in this press release are subject to certain risks and uncertainties inherent in the company's business that could cause actual results to vary, including such risks that regulatory clinical and guideline developments may change, scientific data may not be sufficient to meet regulatory standards or receipt of required regulatory clearances or approvals, clinical results may not be replicated in actual patient settings, protection offered by the company's patents and patent applications may be challenged, invalidated or circumvented by its competitors, the available market for the company's products will not be as large as expected, the company's products will not be able to penetrate one or more targeted markets, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. The company disclaims any obligation to update these forward-looking statements, except as required by law. Sonoma Pharmaceuticals™, Microcyn® and Microdacyn® are trademarks or registered trademarks of Sonoma Pharmaceuticals, Inc. All other trademarks and service marks are the property of their respective owners. Media and Investor Contact: Sonoma Pharmaceuticals, Inc. [email protected] Website: www.sonomapharma.com Follow us on LinkedIn: https://www.linkedin.com/company/sonoma-pharmaceuticals Follow us on Instagram: https://www.instagram.com/sonomapharma_us/ Follow us on Facebook: https://www.facebook.com/sonomapharma/ SOURCE: Sonoma Pharmaceuticals, Inc. |
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