, /PRNewswire/ -- Bleichmar Fonti & Auld LLP ("BFA") announces it has filed a securities fraud class action against Hub Group, Inc. ("Hub Group" or the "Company") and certain of the Company's senior executives and directors. The class action lawsuit asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Hub Group securities between April 28, 2023 and May 11, 2026, inclusive (the "Class Period"). The class action is pending in the U.S. District Court for the Northern District of Illinois. It is captioned Lawler v. Hub Group, Inc., No. 26-cv-07596.
What is the Hub Group Class Action Lawsuit About?
Hub Group is a transportation and logistics freight carrier that provides trucking and related services to operators across the supply chain. The Company services a customer base extending across various industries, including retail, consumer products, automotive, and durable goods, and reports to be one of the largest freight transportation providers in North America.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements concerning the premature and incorrect revenue recognition of certain transactions, the understatement of purchased transportation costs and accounts payable, the effectiveness of internal controls, and the Company's drivers of financial results and growth.
On February 5, 2026, Hub Group announced that the Company's financial statements for the first three quarters of 2025 should not be relied upon and would be restated due to "an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." The Company revealed that its reports for those quarters "were in each case materially misstated due to the aforementioned error and should no longer be relied upon" and that "the Company [wa]s also continuing to assess the effectiveness of its disclosure controls and procedures and internal control over financial reporting and appropriate remediation steps." The Company also estimated that "[t]he total amount of the reduction to accounts payable and purchased transportation costs related to this issue that was recorded during these periods is $77 million."
This news caused the price of Hub Group stock to decline roughly 18%, from $51.33 per share at close on February 5, 2026, to $41.96 per share at close on February 6, 2026.
On May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it "expect[ed] to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."
This news caused the price of Hub Group stock to decline a further 13%, from $41.86 per share at close on May 11, 2026, to $36.62 per share at close on May 12, 2026.
What are my Rights?
Not later than August 28, 2026, which is the first business day after 60 days from the date of the publication of this notice, any member of the purported class may move the Court to serve as Lead Plaintiff through counsel of their choice, or may choose to do nothing and remain a member of the proposed class. The ability to share in any potential future recovery is not dependent on serving as Lead Plaintiff.
About BFA Law
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
On June 29, 2026, Ameren Corp (AEE) shares fell 3.1% to a current price of $114.59, after experiencing fluctuations in the market. The stock has traded between
Brady (BRC 0.29%) represents exactly the kind of boring stock that many investors buy, almost forget about, and then periodically look at, only to find it has delivered excellent long-term returns. It will suit relatively conservative investors seeking a stock with good upside potential and limited downside risk.
The investment case for Brady Brady is a company that provides printing, labeling, and ID products. For an example of its solutions, consider a manufacturing plant that needs its machinery and cabling labeled to facilitate easy servicing, perhaps via virtual reality. Another highly topical use is labeling in highly complex AI data centers (an activity actually representing 20% of its Americas and Asia sales). In both cases, the ability to quickly identify assets is crucial in quickly servicing them and reducing downtime.
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It's an easy-to-overlook, but essential, part of the industrial economy, and it supports the first two of the three reasons to buy the stock.
Organic growth prospects Brady's quarterly year-over-year organic growth has ranged between 1.5% and, most recently, 8.2%, placing it in the low- to mid-single-digit revenue growth category. It's solid enough, but considering that data centers make up about 20% of America and Asia sales (and grew 20% in the last reported quarter), and 13% of Europe & Australia sales, the opportunity for data center labeling to add a growth kicker is significant.
In addition, Brady has a margin expansion opportunity by selling more high-margin consumables for its printers and labeling equipment.
Image source: Getty Images.
The acquisition of Honeywell's Productivity Solutions and Services Business is transformative Industrial conglomerate Honeywell is in the process of breaking up, and as part of that process, it's divesting its Productivity Solutions and Services (PSS) business to Brady for $1.4 billion, representing just 8 times last year's earnings before interest, taxation, depreciation, and amortization (EBITDA). While PSS may be non-core for Honeywell's automation business (Honeywell Technologies), its mobile computers, scanners, and printing solutions for larger enterprises are very complementary to Brady's solutions.
Furthermore, the deal will add a new suite of larger customers for Brady and create a more comprehensive suite of solutions to sell to them. Throw in some earnings growth from an expected $25 million in cost savings (about 1% of combined 2025 revenue) over three years, and Wall Street expects slightly more than 14% annual earnings-per-share growth from 2025 to 2028.
Image source: Getty Images.
Valuation Brady trades at an enterprise value (market cap plus net debt) of 12.6 times forward EBITDA and is buying PSS on 8 times trailing EBITDA. It's a value- and earnings-enhancing acquisition, and the Wall Street consensus has Brady trading at less than 15 times estimated 2027 earnings. That's an excellent valuation for a company with attractive growth prospects.
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of The Ensign Group, Inc. (NASDAQ: ENSG) resulting from allegations that Ensign may have issued materially misleading business information to the investing public.
So What: If you purchased Ensign securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/the-ensign-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
What is this about: On June 8, 2026, Investing.com published an article entitled "Ensign Group stock tumbles after short seller report." The article stated that Ensign shares fell after "short seller Hunterbrook released a report alleging the nursing home operator's business model relies on inadequate patient care and gaming quality metrics." Further, the article stated that Hunterbrook "published findings from a five-month investigation claiming the company's profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates. The report alleges patients have suffered and died as a result."
On this news, Ensign Group shares fell 8.15% on June 8, 2026.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
OKLAHOMA CITY, June 29, 2026 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) will hold its quarterly earnings and business update conference call at 9 a.m. Eastern Time (8 a.m. Central Time), Wednesday, July 29, 2026.
This call is being webcast by Notified and can be accessed at OGE Energy's website at www.oge.com.
Constellation Brands is scheduled to report earnings after the closing bell Tuesday, with traders anticipating a sizable move from the wine and beer maker's stock.
The most profitable World Cup trade this month was not a Polymarket bet on Spain or France. It was a Tinder boom that helped lift Match Group (MTCH) stock.
The stock had slumped about 12% before the tournament began on June 11. It has since climbed roughly 13%, erasing those losses and pushing back near its highs for the year.
Match Group (MTCH) Stock Performance. Source: TradingViewPrediction Markets Grabbed the HeadlinesSports betting drove most of the World Cup money story. On Polymarket, the tournament winner market has drawn hundreds of millions of dollars in wagers, with Spain and France the narrow favorites.
The buzz around World Cup prediction markets was easy to see. Sector open interest hit a record $1.48 billion in mid-June as fans piled into match outcomes.
Yet the smarter equity trade ran through dating apps. Match Group, the parent of Tinder and Hinge, watched its shares rebound as fresh engagement data reached investors.
Inside Tinder’s World Cup jumpTinder logged its gains in the tournament’s first six days, from June 11 to 16. Compared with June 2025, US matches jumped almost 60%, while total users rose 15%.
JUST IN: The World Cup is causing a massive surge in Tinder activity, with matches up nearly 60% in the U.S.
— Polymarket (@Polymarket) June 29, 2026 Follow us on X to get the latest news as it happens
Across the 16 host cities in the United States, Mexico, and Canada, activity from international fans climbed 47%, according to data reported by Fast Company. The figures track the influx of traveling supporters.
That timing mattered. The data circulated in late June, just as Match Group shares closed at $37.17 on June 26 after a 6.4% jump.
Match Group (MTCH) Stock Performance. Source: Google FinanceThe Quieter World Cup TradeThe rebound lands on a longer turnaround story. Tinder had shed users for nearly two years, drawing activist investors Elliott Investment Management and Starboard Value, who pushed for change and a new chief executive.
In March, Tinder registrations returned to year-over-year growth for the first time in almost two years, while Hinge revenue grew 28%. New CEO Spencer Rascoff framed the shift in the company’s first-quarter results.
Tinder works better today than it did before. Our product changes are resonating with Gen Z and driving improvements in leading indicators.
A World Cup engagement bump fits that narrative, which is why investors rewarded it. While bettors split their money between Polymarket and Kalshi, Match Group offered a calmer way to trade the same event.
Even so, the average analyst target sits near $40, a consensus Moderate Buy that leaves limited room above current levels.
The caution is in Match Group’s own numbers. Tinder paying users still fell 5% in the first quarter, so engagement has not yet become revenue.
With the final set for July 19, the test is whether the swiping outlasts the tournament. A few traders banked millions on Polymarket, but the cleaner bet was the stock.
Anthropic’s Claude AI models are now running natively on Nvidia’s GB300 Blackwell Ultra systems through Microsoft Azure. The deployment marks the culmination of a partnership announced in November 2025 that involved $15 billion in combined investments into Anthropic and a staggering $30 billion compute commitment.
The numbers behind the deal Microsoft is investing up to $5 billion in Anthropic. Nvidia is putting up an even larger chunk, committing up to $10 billion. Together, those investments pushed Anthropic’s valuation to an estimated $350 billion.
Anthropic pledged to purchase $30 billion in Azure compute capacity. On top of that, the company committed to utilizing up to 1 gigawatt of computing power from Nvidia’s Grace Blackwell and Vera Rubin systems.
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The hardware itself is delivering results that justify the price tag. Azure’s ND GB300 v6 virtual machines set a new benchmark during testing, achieving inference throughput exceeding 1.1 million tokens per second per rack.
Why cloud coverage matters Claude is now accessible across all three major cloud providers: AWS, Azure, and Google Cloud. Having native presence on each one eliminates a major barrier for potential customers who happen to run their infrastructure on a non-Amazon platform.
The competitive dynamics here are worth watching. Google Cloud hosts Claude as well, despite Google having its own Gemini models. Microsoft has its deep partnership with OpenAI. And AWS has its investment in Anthropic too. Every major cloud provider is now simultaneously a partner and a competitor in the AI model space.
The infrastructure arms race and what investors should watch By investing $10 billion in Anthropic while simultaneously supplying the GPU infrastructure that Anthropic runs on, Nvidia has created a flywheel. More investment means more compute purchases, which means more Nvidia hardware deployed, which generates more revenue, which funds more investments.
Anthropic’s commitment to up to 1 gigawatt of computing power puts it in the same conversation as data center operators and energy companies, not just software firms.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Super Micro Computer (SMCI - Free Report) closed the most recent trading day at $28.13, moving -8.16% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 1.18%. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 2.07%.
The stock of server technology company has fallen by 33.54% in the past month, lagging the Computer and Technology sector's loss of 5.33% and the S&P 500's loss of 2.9%.
The investment community will be closely monitoring the performance of Super Micro Computer in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.7, reflecting a 70.73% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $11.7 billion, showing a 103.32% escalation compared to the year-ago quarter.
SMCI's full-year Zacks Consensus Estimates are calling for earnings of $2.59 per share and revenue of $39.67 billion. These results would represent year-over-year changes of +25.73% and +80.53%, respectively.
It is also important to note the recent changes to analyst estimates for Super Micro Computer. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.91% increase. As of now, Super Micro Computer holds a Zacks Rank of #3 (Hold).
In the context of valuation, Super Micro Computer is at present trading with a Forward P/E ratio of 11.85. This represents a discount compared to its industry average Forward P/E of 24.5.
One should further note that SMCI currently holds a PEG ratio of 0.42. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Computer- Storage Devices industry held an average PEG ratio of 1.62.
The Computer- Storage Devices industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 3, positioning it in the top 2% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
CNXC stock is moving. Watch the price action here. Concentrix Q2 Details 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%.
“Our second quarter marked an acceleration in many areas in the evolution of our business,” said Chris Caldwell, CEO of Concentrix.
“Our blended AI and services approach is delivering value to clients by lowering their costs and increasing their revenue, helping us differentiate ourselves in the marketplace,” Caldwell added.
Looking AheadConcentrix lowered its fiscal 2026 adjusted EPS guidance to between $10.83 and $11.18, versus the $11.97 analyst estimate, and lowered its revenue outlook to $9.93 billion to $10.03 billion, versus the $10.14 billion estimate.
CNXC Stock Price Activity: According to data from Benzinga Pro, Concentrix stock was down 24.02% to $19.17 in Monday’s extended trading.
Photo: Shutterstock
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Concentrix Corporation (CNXC - Free Report) came out with quarterly earnings of $2.63 per share, missing the Zacks Consensus Estimate of $2.64 per share. This compares to earnings of $2.7 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -0.19%. A quarter ago, it was expected that this company would post earnings of $2.64 per share when it actually produced earnings of $2.61, delivering a surprise of -1.14%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Concentrix, which belongs to the Zacks Business - Services industry, posted revenues of $2.46 billion for the quarter ended May 2026, missing the Zacks Consensus Estimate by 0.43%. This compares to year-ago revenues of $2.42 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Concentrix shares have lost about 39.9% since the beginning of the year versus the S&P 500's gain of 7.4%.
What's Next for Concentrix?While Concentrix has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Concentrix was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.18 on $2.54 billion in revenues for the coming quarter and $11.65 on $10.11 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Business - Services is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Healthcare Services (HCSG - Free Report) , has yet to report results for the quarter ended June 2026.
This provider of housekeeping, laundry and dietary services to health care facilities is expected to post quarterly earnings of $0.20 per share in its upcoming report, which represents a year-over-year change of -4.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Healthcare Services' revenues are expected to be $470.2 million, up 2.6% from the year-ago quarter.
, /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2026 Earnings Announcement, scheduled before the market opens on Wednesday, July 29, 2026, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.
What:
Prosperity Bancshares, Inc.® Second Quarter 2026 Earnings Conference Call
When:
Wednesday, July 29, 2026, at 10:30 AM (Central Time)
Log on to the web at the address above or call 1-877-883-0383 for domestic
participants, or 1-412-902-6506 for international participants, and enter Participant Elite Entry
If you are unable to participate during the live webcast, the call will be archived on the website at https://www.prosperitybankusa.com/Investor-Relations. To access the replay, visit https://www.prosperitybankusa.com/Presentation-Webcasts-and-Calls and follow the instructions.
Prosperity Bancshares, Inc.®
As of March 31, 2026, Prosperity Bancshares, Inc.® is a $43.619 billion Houston, Texas-based regional financial holding company providing personal banking services and investments to consumers and businesses throughout Texas and Oklahoma.
Founded in 1983, Prosperity believes in a community banking philosophy, taking care of customers, businesses, and communities in the areas it serves by providing financial solutions to simplify everyday financial needs. In addition to offering traditional deposit and loan products, Prosperity offers digital banking solutions, credit and debit cards, mortgage services, treasury management solutions, and wealth management services, including trust and retail brokerage.
Prosperity currently operates 311 full-service banking locations: 62 in the Houston area, including The Woodlands; 36 in the South Texas area including Corpus Christi and Victoria; 61 in the Dallas/Fort Worth area; 21 in the East Texas area; 28 in the Central Texas area including Austin and San Antonio; 45 in the West Texas area including Lubbock, Midland-Odessa, Abilene; Amarillo and Wichita Falls; 15 in the Bryan/College Station area, 6 in the Central Oklahoma area; 8 in the Tulsa, Oklahoma area, 18 in the Central, South Texas and San Antonio areas doing business as American Bank and 11 in the San Antonio area doing business as Texas Partners Bank.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release contains, and the remarks by Prosperity's management on the conference call may contain, forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are typically, but not exclusively, identified by the use in the statements of words or phrases such as "aim," "anticipate," "estimate," "expect," "goal," "guidance," "intend," "is anticipated," "is expected," "is intended," "objective," "plan," "projected," "projection," "will affect," "will be," "will continue," "will decrease," "will grow," "will impact," "will increase," "will incur," "will reduce," "will remain," "will result," "would be," variations of such words or phrases (including where the word "could," "may," or "would" is used rather than the word "will" in a phrase) and similar words and phrases indicating that the statement addresses some future result, occurrence, plan or objective. Forward-looking statements include all statements other than statements of historical fact, including forecasts or trends, and are based on current expectations, assumptions, estimates and projections about Prosperity Bancshares and its subsidiaries. These forward-looking statements may include information about Prosperity's possible or assumed future economic performance or future results of operations, including future revenues, income, expenses, provision for loan losses, provision for taxes, effective tax rate, earnings per share and cash flows and Prosperity's future capital expenditures and dividends, future financial condition and changes therein, including changes in Prosperity's loan portfolio and allowance for loan losses, future capital structure or changes therein, as well as the plans and objectives of management for Prosperity's future operations, future or proposed acquisitions, the future or expected effect of acquisitions on Prosperity's operations, results of operations, financial condition, and future economic performance, statements about the anticipated benefits of any acquisition transaction, and statements about the assumptions underlying any such statement. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of Prosperity's control, which may cause actual results to differ materially from those expressed or implied by the forward-looking statements. These risks and uncertainties include but are not limited to whether Prosperity can: successfully identify acquisition targets and integrate the businesses of acquired companies and banks; continue to sustain its current internal growth rate or total growth rate; provide products and services that appeal to its customers; continue to have access to debt and equity capital markets; and achieve its sales objectives. Other risks include, but are not limited to: the possibility that credit quality could deteriorate; actions of competitors; changes in laws and regulations (including changes in governmental interpretations of regulations and changes in accounting standards); the possibility that the anticipated benefits of an acquisition transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of two companies or as a result of the strength of the economy and competitive factors generally; a deterioration or downgrade in the credit quality and credit agency ratings of the securities in Prosperity's securities portfolio; customer and consumer demand, including customer and consumer response to marketing; effectiveness of spending, investments or programs; fluctuations in the cost and availability of supply chain resources; economic conditions, including currency rate, interest rate and commodity price fluctuations; and weather. These and various other factors are discussed in Prosperity Bancshares' Annual Report on Form 10-K for the year ended December 31, 2025 and other reports and statements Prosperity Bancshares has filed with the Securities and Exchange Commission ("SEC"). Copies of the SEC filings for Prosperity Bancshares may be downloaded from the Internet at no charge from http://www.prosperitybankusa.com.
In the latest close session, Archrock Inc. (AROC - Free Report) was down 3.58% at $40.45. The stock trailed the S&P 500, which registered a daily gain of 1.18%. Elsewhere, the Dow gained 0.59%, while the tech-heavy Nasdaq added 2.07%.
The natural gas compression services business's stock has climbed by 25.26% in the past month, exceeding the Oils-Energy sector's loss of 7.93% and the S&P 500's loss of 2.9%.
Investors will be eagerly watching for the performance of Archrock Inc. in its upcoming earnings disclosure. The company is expected to report EPS of $0.46, up 17.95% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $390.4 million, up 1.89% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.9 per share and revenue of $1.55 billion. These totals would mark changes of 0% and +4.19%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Archrock Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 2.39% fall in the Zacks Consensus EPS estimate. Archrock Inc. presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Archrock Inc. is holding a Forward P/E ratio of 22.04. This expresses a premium compared to the average Forward P/E of 21.65 of its industry.
One should further note that AROC currently holds a PEG ratio of 1.84. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Oil and Gas - Field Services industry had an average PEG ratio of 2.04 as trading concluded yesterday.
The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 195, finds itself in the bottom 21% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
ResMed (RMD) exemplifies the razor-and-blade model, leveraging inevitability, brand loyalty, inexpensive recurring costs, and a superior user experience. RMD dominates the sleep apnea market with a 62% share in a vast, under-penetrated addressable market with huge future growth potential. RMD's financials are resilient, with consistent sales and earnings growth, no earnings misses in more than a decade, and a predictable business model.
NEW YORK--(BUSINESS WIRE)--On June 29, 2026, Grant & Eisenhofer P.A. filed a class action lawsuit on behalf of Aron Reynolds (“Plaintiff”) against Citadel Securities LLC (“Citadel”) and Virtu Americas LLC (“Virtu”) (together, the “Defendants”). The action alleges that Defendants defrauded investors by placing and executing manipulative trades designed to artificially deflate the price of Genius stock and also resulted in increased transaction costs for investors.
The lawsuit alleges that throughout the Class Period, Defendants Citadel Securities and Virtu Americas engaged in a manipulative and illegal trading practice known as “spoofing.”
Share The action is brought on behalf of all persons who purchased or otherwise acquired, or sold or otherwise disposed of, securities of Genius between April 12, 2022 and May 30, 2025, inclusive (the “Class Period”). The action, brought in the United States District Court for the Southern District of Florida, is captioned Aron Reynolds v. Citadel Securities LLC and Virtu Americas LLC, No. 1:26-cv-24485 (S.D. Fla.).
Citadel and Virtu are broker-dealers registered with the Securities and Exchange Commission and operate as major market makers, routinely placing and executing securities trades for investors as well as for their own trading accounts.
The complaint alleges violations of Sections 9(a) and 10(b) of the Securities Exchange Act of 1934. Specifically, the lawsuit alleges that throughout the Class Period, Defendants engaged in a manipulative and illegal trading practice known as “spoofing,” which involves submitting and then cancelling buy or sell orders without any genuine intent to execute them. The purpose of these “baiting orders” was to mislead other market participants about the true level of supply and demand for Genius securities, or about the stock’s price volatility, thereby influencing the market price of Genius to benefit Defendants’ own trading positions. The alleged manipulation also increased investors’ transaction costs by inflating the bid-ask spread for Genius stock. Defendants entered thousands of these baiting orders on U.S. stock exchanges to create the false impression that Genius’ stock price reflected genuine supply-and-demand and volatility dynamics, while simultaneously profiting by absorbing and reselling their customers’ order flow at prices favorable to Defendants.
Throughout the Class Period, sharp declines in Genius’ stock price consistently coincided with substantial spikes in Defendants’ spoofing activity. For example, during the week of February 10, 2025, Defendants built significant short positions in Genius stock and reaped substantial trading profits: Citadel traded more than 23 million shares of Genius off-exchange, accounting for nearly half of all off-exchange trading in the stock, while Virtu traded nearly 11 million shares, accounting for more than 20% of all off-exchange trading. Together, Defendants comprised nearly 70% of all off-exchange trading in Genius stock that week, as short volume surged from a low of 53% to more than 61%. As a result, Genius’ stock price decline by 22% despite the absence of any new material, company-specific news.
Investors who purchased or sold Genius securities during the Class Period are members of this proposed Class and may be able to seek appointment as lead plaintiff, which is a court-appointed representative of the Class, by complying with the relevant provisions of the Private Securities Litigation Reform Act of 1995 (the “PSLRA”). See 15 U.S.C. Section 78u-4(a)(2)(A)(i)-(vi).
If you wish to serve as lead plaintiff, you must move the Court by no later than August 28, 2026. You do not need to seek to become a lead plaintiff in order to share in any possible recovery. You may also retain counsel of your choice to represent you in this action.
If you wish to discuss this action or have any questions concerning this notice or your rights, please contact Abe Alexander at Grant & Eisenhofer P.A. at 646-722-8500, or via email at [email protected].
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Peabody Energy Corporation (NYSE: BTU) between October 14, 2024 to May 4, 2026. Peabody Energy describes itself as a “leading producer of metallurgic and thermal coat.”
For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.
The Allegations: Rosen Law Firm is Investigating the Allegations that Peabody Energy Corporation (NYSE: BTU) Misled Investors Regarding its Business Operations.
According to the lawsuit, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Peabody Energy’s Centurion mine and the multitude of issues causing delays to the ramp-up and the return to full longwall production dates. On March 30, 2026, Peabody Energy issued a press release lowering guidance pertaining to Centurion mine’s expected first quarter 2026 output ahead of Peabody Energy’s full earnings release. In pertinent part, defendants announced that sales volume from the Centurion mine was expected to deliver approximately 250,000 tons in the first quarter due to mining commissioning challenges (compared to previous estimates of around 700,000 tons). When the true details entered the market, the lawsuit claims that investors suffered damages.
What Now: You may be eligible to participate in the class action against Peabody Energy Corporation. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by August 24, 2026. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $1 billion for shareholders.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Peabody Energy Corporation (NYSE: BTU) between October 14, 2024 to May 4, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 24, 2026.
So What: If you purchased Peabody Energy common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Peabody Energy class action, go to https://rosenlegal.com/cases/peabody-energy-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 24, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Peabody Energy's Centurion mine and the multitude of issues causing delays to the ramp-up and the return to full longwall production dates. On March 30, 2026, Peabody Energy issued a press release lowering guidance pertaining to Centurion mine's expected first quarter 2026 output ahead of Peabody Energy's full earnings release. In pertinent part, defendants announced that sales volume from the Centurion mine was expected to deliver approximately 250,000 tons in the first quarter due to mining commissioning challenges (compared to previous estimates of around 700,000 tons). When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Peabody Energy class action, go to https://rosenlegal.com/cases/peabody-energy-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
In the latest close session, Clear Secure (YOU - Free Report) was up +1.56% at $56.03. This change outpaced the S&P 500's 1.18% gain on the day. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 2.07%.
Shares of the airport security company have depreciated by 0.5% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.33%, and the S&P 500's loss of 2.9%.
Investors will be eagerly watching for the performance of Clear Secure in its upcoming earnings disclosure. The company is expected to report EPS of $0.43, up 65.38% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $270.16 million, indicating a 23.1% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.78 per share and a revenue of $1.1 billion, indicating changes of +58.93% and +22.04%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Clear Secure. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Clear Secure presently features a Zacks Rank of #2 (Buy).
Looking at valuation, Clear Secure is presently trading at a Forward P/E ratio of 30.99. Its industry sports an average Forward P/E of 18.67, so one might conclude that Clear Secure is trading at a premium comparatively.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 79, finds itself in the top 33% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video?
SummaryCompaniesNBCUniversal is considering gaming and entertainment franchises for growth after the split, three people saidComcast's cable business could see technology investments tied to data centers and AI, the people saidNo tie-ups have been discussed and any deal would wait until after the split, the people saidJune 29 - NBCUniversal is eyeing opportunities in digital gaming and new entertainment franchises as the company weighs options for future growth after its planned spinoff from Comcast (CMCSA.O), opens new tab, according to three people with direct knowledge of the matter.
Comcast’s cable and connectivity business, meanwhile, is ripe for technological investments that could take advantage of the massive surge in data centers and AI, these people said.
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No tie-ups have been discussed, and any potential deal would not happen until a period of time following the split, the people said. These are among a broad range of options the company is exploring.
Comcast declined to comment on any possible deals.
In an interview with Reuters, Comcast CEO Brian Roberts said the company had decided the separation was “the better way to move forward for the opportunities that we see for both of these businesses is to let them run independent of each other with focused dedicated great management teams and strong assets.”
As to the timing, he added: “We just decided once you're in go mode, you know, we want to go.”
The announcement has ignited chatter of potential M&A activity for both businesses, especially at a time when television and film sales have continued to decline as people cut the cord in favor of streaming, games and social media. Shares in Charter rose as much as 25% on Comcast’s announcement on speculation the two could merge.
Roberts denied any suggestion the planned spinoff was a prelude to further deals.
“Absolutely not,” he said on a Monday call with investors. He added that it’s “the right move to put each company in the strongest position to create value, fully monetize its assets, and aggressively pursue its own or great organic growth strategies.”
Despite that stance, bankers, lawyers and analysts said NBCUniversal assets could become an attractive takeover target, pointing to its film and television studio, theme parks and streaming service Peacock as higher-growth businesses compared with its declining cable channels.
One potential buyer could be Netflix (NFLX.O), opens new tab, according to a person familiar with the matter, who said the streaming company could view NBCUniversal’s studio and content library as strategically complementary, though any combination would likely face significant regulatory and structural hurdles.
As part of the spinoff, Comcast will retain a 19.9% stake in NBCUniversal, which the company plans to sell down over time to help avoid taxes.
But to preserve the tax‑free structure, NBCUniversal would need to operate independently for at least a year after the spinoff, during which period it cannot pursue a sale or a merger. At the same time, the entertainment giant could consider an M&A transaction sooner as long as the parties had not previously discussed a potential deal.
Comcast declined to comment on this analysis of the tax implications.
Michael Cavanagh, who will run NBCUniversal following the split, added, “We have the freedom now to explore adjacent businesses where we have the right to play.”
Roberts has had a long interest in gaming. His son, Tucker Roberts, runs Comcast’s gaming division and advised his father on expanding into the Korean e-sports market.
Comcast previously explored acquiring Activision and Electronic Arts (EA.O), opens new tab, as well as taking an equity stake in Epic Games, maker of Fortnite, according to one person with direct knowledge of the talks. The company also has a partnership with Nintendo for theme park attractions and two animated films, “The Super Mario Bros. Movie” and “The Super Mario Galaxy Movie,” that each grossed more than $1 billion at the global box office.
Among the major game industry companies, Take-Two (TTWO.O), opens new tab may have the most valuable trove of intellectual property, including Grand Theft Auto, whose sixth installment has already recorded more than $3 billion in preorders ahead of its November 19 launch.
Microsoft’s Xbox gaming unit — whose most successful titles include Halo, Fallout and The Elder Scrolls — may well be spun off into a separate company.
Electronic Arts, a significant games publisher, is being taken private in a $55 billion deal controlled by Saudi Arabia’s Public Investment Fund, private-equity firm Silver Lake and Jared Kushner’s Affinity Partners. The investors are awaiting approval from the European Commission.
Overall, the planned separation was greeted warmly on Wall Street as Comcast’s stock jumped as much as 20%. The split is expected to give Comcast greater strategic flexibility for its two businesses, signaling the end of a pipes-and-content empire that didn't make sense to many investors.
"We don't see a Netflix-for-NBCU deal. And no, we don't see a Comcast and Charter deal, either," longtime media analyst Craig Moffett of research firm MoffettNathanson wrote in a note following the announcement.
He added: "Having them under the same roof didn't make either better, and the combined company has been saddled by a conglomerate discount for 15 years to reflect the suboptimal capital allocation that conglomerates demand."
Reporting by Echo Wang, Dawn Chmielewski and Milana Vinn; writing by Edmund Lee; editing by Nick Zieminski
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Echo Wang is a correspondent at Reuters covering U.S. equity capital markets, and the intersection of Chinese business in the U.S, breaking news from U.S. crackdown on TikTok and Grindr, to restrictions Chinese companies face in listing in New York. She was the Reuters' Reporter of the Year in 2020.
Milana Vinn reports on technology, media, and telecom (TMT) mergers and acquisitions. Her content usually appears in the markets and deals sections of the website. Milana previously worked at GLG and PE Hub, where she spent several years covering TMT deals in private equity. She graduated from CUNY Graduate School of Journalism with Masters in Business Journalism.
Shares of Comcast (CMCSA +4.53%) rose on Monday after the entertainment conglomerate announced plans to spin off its NBCUniversal media assets.
Image source: Getty Images.
Going their own way Comcast intends to split into two separate companies.
One, which will be named NBCUniversal, will house its theme parks, film and television studios, Sky media business, NBC and cable networks, and the Peacock streaming service.
"Together, these businesses will be powered by a portfolio of world-class intellectual property, a deep content library, extraordinary content creation capabilities, and exceptional strength across sports, news, and entertainment," the company said in a press release.
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The other, which will continue to operate under the name Comcast, will hold its wireless and broadband internet businesses.
"Comcast will focus on delivering exceptional customer experiences backed by the nation's largest converged network, reaching more than 65 million homes and businesses, its intelligent fiber network architecture, and global technology platforms," the company said.
The separation is projected to occur in roughly a year, subject to regulatory approval.
Could a merger be in store for NBCUniversal? The split comes at a time when TV and cable-focused media companies are losing subscribers and advertising revenue to their streaming competitors. That's led to a wave of deal-making among traditional media businesses, as they race to gain scale and cut costs.
By separating it from its telecom operations, Comcast's spinoff could make NBCUniversal an appealing acquisition target for a larger entertainment giant.
, /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2026 and cumulative distributions paid fiscal year-to-date.
In December 2012, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to the Fund after year-end by REITs held by the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES
June 2026
YEAR-TO-DATE (YTD)
June 30, 2026*
Source
Per Share Amount
% of Current Distribution
Per Share Amount
% of 2026 Distributions
Net Investment Income
$0.0900
100.00 %
$0.1090
20.19 %
Net Realized Short-Term Capital Gains
$0.0000
0.00 %
$0.0000
0.00 %
Net Realized Long-Term Capital Gains
$0.0000
0.00 %
$0.4310
79.81 %
Return of Capital (or other Capital Source)
$0.0000
0.00 %
$0.0000
0.00 %
Total Current Distribution
$0.0900
100.00 %
$0.5400
100.00 %
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2026 (January 1, 2026 through May 31, 2026) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2026. In addition, the Fund's Average Annual Total Return for the five-year period ending May 31, 2026 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2026. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2026 to May 31, 2026
Year-to-date Cumulative Total Return1
14.32 %
Cumulative Distribution Rate2
4.04 %
Five-year period ending May 31, 2026
Average Annual Total Return3
5.18 %
Current Annualized Distribution Rate4
8.09 %
1.
Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions.
2.
Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2026 through June 30, 2026) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of May 31, 2026.
3.
Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending May 31, 2026. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions.
4.
The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of May 31, 2026.
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
, /PRNewswire/ -- This press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2026 and cumulative distributions paid fiscal year-to-date.
In December 2017, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to the Fund after year-end by REITs held by the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES
June 2026
YEAR-TO-DATE (YTD)
June 30, 2026*
Source
Per Share
Amount
% of Current
Distribution
Per Share
Amount
% of 2026
Distributions
Net Investment Income
$0.0614
45.15 %
$0.4640
56.86 %
Net Realized Short-Term Capital Gains
$0.0111
8.16 %
$0.0497
6.09 %
Net Realized Long-Term Capital Gains
$0.0635
46.69 %
$0.2982
36.54 %
Return of Capital (or other Capital Source)
$0.0000
0.00 %
$0.0041
0.51 %
Total Current Distribution
$0.1360
100.00 %
$0.8160
100.00 %
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2026 (January 1, 2026 through May 31, 2026) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2026. In addition, the Fund's Average Annual Total Return for the five-year period ending May 31, 2026 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2026. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2026 to May 31, 2026
Year-to-date Cumulative Total Return1
9.72 %
Cumulative Distribution Rate2
3.72 %
Five-year period ending May 31, 2026
Average Annual Total Return3
4.96 %
Current Annualized Distribution Rate4
7.45 %
1.
Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions.
2.
Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2026 through June 30, 2026) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of May 31, 2026.
3.
Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending May 31, 2026. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions.
4.
The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of May 31, 2026.
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
, /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2026 and cumulative distributions paid fiscal year-to-date.
In December 2021, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES
June 2026
YEAR-TO-DATE (YTD)
June 30, 2026*
Source
Per Share
Amount
% of Current
Distribution
Per Share
Amount
% of 2026
Distributions
Net Investment Income
$0.0000
0.00 %
$0.1821
34.89 %
Net Realized Short-Term Capital Gains
$0.0000
0.00 %
$0.0000
0.00 %
Net Realized Long-Term Capital Gains
$0.0870
100.00 %
$0.3399
65.11 %
Return of Capital (or other Capital Source)
$0.0000
0.00 %
$0.0000
0.00 %
Total Current Distribution
$0.0870
100.00 %
$0.5220
100.00 %
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2026 (January 1, 2026 through May 31, 2026) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2026. In addition, the Fund's Average Annual Total Return for the five-year period ending May 31, 2026 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2026. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2026 to May 31, 2026
Year-to-date Cumulative Total Return1
7.91 %
Cumulative Distribution Rate2
3.78 %
Five-year period ending May 31, 2026
Average Annual Total Return3
8.70 %
Current Annualized Distribution Rate4
7.57 %
1.
Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions.
2.
Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2026 through June 30, 2026) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of May 31, 2026.
3.
Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending May 31, 2026. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions.
4.
The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of May 31, 2026.
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
, /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2026 and cumulative distributions paid fiscal year-to-date.
In December 2011, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to the Fund after year-end by REITs held by the Fund. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES
June 2026
YEAR-TO-DATE (YTD)
June 30, 2026*
Source
Per Share
Amount
% of Current
Distribution
Per Share
Amount
% of 2026
Distributions
Net Investment Income
$0.0623
77.88 %
$0.1540
32.08 %
Net Realized Short-Term Capital Gains
$0.0158
19.75 %
$0.0158
3.29 %
Net Realized Long-Term Capital Gains
$0.0000
0.00 %
$0.0000
0.00 %
Return of Capital (or other Capital Source)
$0.0019
2.37 %
$0.3102
64.63 %
Total Current Distribution
$0.0800
100.00 %
$0.4800
100.00 %
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2026 (January 1, 2026 through May 31, 2026) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2026. In addition, the Fund's Average Annual Total Return for the five-year period ending May 31, 2026 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2026. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2026 to May 31, 2026
Year-to-date Cumulative Total Return1
10.28 %
Cumulative Distribution Rate2
4.06 %
Five-year period ending May 31, 2026
Average Annual Total Return3
4.16 %
Current Annualized Distribution Rate4
8.13 %
1.
Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions.
2.
Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2026 through June 30, 2026) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of May 31,
2026.
3.
Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending May 31, 2026. Annual NAV Total Return is the percentage change in the Fund's NAV
over a year including distributions paid and assuming reinvestment of those distributions.
4.
The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage
of the Fund's NAV as of May 31, 2026.
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
, /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) (the "Fund") with information regarding the sources of the distribution to be paid on June 30, 2026 and cumulative distributions paid fiscal year-to-date.
In March 2015, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. The managed distribution policy seeks to deliver the Fund's long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year and to distribute those gains on a regular monthly basis to shareholders. The Board of Directors of the Fund may amend, terminate or suspend the managed distribution policy at any time, which could have an adverse effect on the market price of the Fund's shares.
The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes. Return of capital includes distributions paid by the Fund in excess of its net investment income and net realized capital gains and such excess is distributed from the Fund's assets. A return of capital is not taxable; rather, it reduces a shareholder's tax basis in his or her shares of the Fund. In addition, distributions from the Fund's investments in MLPs are attributed to various sources, including net investment income and return of capital. The amount of monthly distributions may vary depending on a number of factors, including changes in portfolio and market conditions.
At the time of each monthly distribution, information will be posted to cohenandsteers.com and mailed to shareholders in a concurrent notice. However, this information may change at the end of the year because the final tax characteristics of the Fund's distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all of the Fund's distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated. All amounts are expressed per common share.
DISTRIBUTION ESTIMATES
June 2026
YEAR-TO-DATE (YTD)
June 30, 2026*
Source
Per Share
Amount
% of Current
Distribution
Per Share
Amount
% of 2026
Distributions
Net Investment Income
$0.1045
63.33 %
$0.4822
50.23 %
Net Realized Short-Term Capital Gains
$0.0000
0.00 %
$0.0000
0.00 %
Net Realized Long-Term Capital Gains
$0.0605
36.67 %
$0.4778
49.77 %
Return of Capital (or other Capital Source)
$0.0000
0.00 %
$0.0000
0.00 %
Total Current Distribution
$0.1650
100.00 %
$0.9600
100.00 %
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy. The amounts and sources of distributions reported in this Notice are only estimates, are likely to change over time, and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The amounts and sources of distributions year-to-date may be subject to additional adjustments.
*THE FUND WILL SEND YOU A FORM 1099-DIV FOR THE CALENDAR YEAR THAT WILL TELL YOU HOW TO REPORT THESE DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
The Fund's Year-to-date Cumulative Total Return for fiscal year 2026 (January 1, 2026 through May 31, 2026) is set forth below. Shareholders should take note of the relationship between the Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate for 2026. In addition, the Fund's Average Annual Total Return for the five-year period ending May 31, 2026 is set forth below. Shareholders should note the relationship between the Average Annual Total Return with the Fund's Current Annualized Distribution Rate for 2026. The performance and distribution rate information disclosed in the table is based on the Fund's net asset value per share (NAV). The Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. While NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's individual investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Fund Performance and Distribution Rate Information:
Year-to-date January 1, 2026 to May 31, 2026
Year-to-date Cumulative Total Return1
13.08 %
Cumulative Distribution Rate2
3.42 %
Five-year period ending May 31, 2026
Average Annual Total Return3
8.70 %
Current Annualized Distribution Rate4
7.05 %
1.
Year-to-date Cumulative Total Return is the percentage change in the Fund's NAV over the year-to-date time period including distributions paid and assuming reinvestment of those distributions.
2.
Cumulative Distribution Rate for the Fund's current fiscal period (January 1, 2026 through June 30, 2026) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund's NAV as of May 31, 2026.
3.
Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five-year period ending May 31, 2026. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of those distributions.
4.
The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of May 31, 2026.
Investors should consider the investment objectives, risks, charges and expense of the Fund carefully before investing. You can obtain the Fund's most recent periodic reports, when available, and other regulatory filings by contacting your financial advisor or visiting cohenandsteers.com. These reports and other filings can be found on the Securities and Exchange Commission's EDGAR Database. You should read these reports and other filings carefully before investing.
Shareholders should not use the information provided here in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating how to report Fund distributions for federal income tax purposes.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the company's current views with respect to, among other things, its operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates," or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. The company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
SummaryMarvell Technology, Inc. delivered a 240% stock gain since June 2025, driven by a dramatic improvement in profitability.Net income surged from -$885 million in FY 2025 to $2.67 billion in FY 2026, reflecting robust operational improvements.MRVL's operating margin expanded to 16.41% with a 21% TTM free cash flow margin, supporting its premium valuation.I maintain a bullish stance, as MRVL demonstrates sector-leading revenue growth and margin expansion, justifying its elevated forward P/S multiple. JHVEPhoto/iStock Editorial via Getty Images
I gave Marvell Technology, Inc. (MRVL) a Buy rating when I last discussed it a year ago on June 28, 2025. The stock is up 240% from the article's publication to the June 26, 2026, closing price, indicating
7.29K Followers
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.
As Grad PLUS loan changes approach July 1, Nelnet Bank offers clear, flexible financing options designed to help students move forward with confidence
, /PRNewswire/ -- With major federal student loan changes scheduled to take effect July 1, including the phaseout of Grad PLUS loans for new borrowers, many students and families are reassessing how they plan to pay for graduate school. As borrowers explore new financing options and prepare for upcoming enrollment and tuition deadlines, Nelnet Bank is ready to help with graduate student loan solutions built around clarity, flexibility, and support.
Graduate education has always required careful financial planning. But as federal borrowing options change, many students may need to consider private graduate student loans or supplemental financing earlier than expected.
For Nelnet Bank, the priority now is helping borrowers understand their options clearly and move forward with confidence during a period of change.
"We get it, graduate students already have enough on their minds," said Scott Hollon, Director of Education Loans at Nelnet Bank. "They shouldn't have to navigate unnecessary confusion while planning for school. Our role is to help borrowers understand their options, make informed decisions, and stay focused on their education and long-term goals."
Since January 2026, Nelnet Bank has seen a significant increase in inquiries from graduate students looking for alternatives to Grad PLUS, and the bank is prepared to meet that demand.
Nelnet Bank Graduate Student Loans allow eligible borrowers to borrow from $1,000 up to their school-certified cost of attendance, with multiple repayment options and a streamlined application experience. Designed to support students during school and beyond, these loans give graduate borrowers the flexibility and straightforward terms they need to plan ahead with greater certainty.
"Clear information matters. Simple tools matter. And having a lender that helps you understand what's next can make a real difference," Hollon said. "We're committed to making sure no graduate student loses momentum simply because the financing picture has shifted."
Backed by Nelnet, Inc.—one of the nation's largest student loan servicers, with more than 45 years of experience helping students and families navigate the cost of higher education—Nelnet Bank continues to invest in customer-first experiences designed to simplify borrowing and reduce financial stress.
For more information about Nelnet Bank Graduate Student Loans and graduate school financing options, visit nelnetbank.com/graduate-student-loans.
About Nelnet Bank
Nelnet Bank, Member FDIC, is a digital bank based in Draper, Utah, focused on helping customers make smart financial decisions with confidence. From student and home improvement lending to high-yield savings accounts and CDs, Nelnet Bank offers straightforward products, transparent experiences, and human support designed to help build strong financial futures. Backed by Nelnet, Inc. (NYSE: NNI), Nelnet Bank combines decades of experience with a modern mindset built around clarity, simplicity, and progress. Learn more at nelnetbank.com.
In the latest trading session, Builders FirstSource (BLDR - Free Report) closed at $90.51, marking a +1.54% move from the previous day. The stock's change was more than the S&P 500's daily gain of 1.18%. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 2.07%.
Coming into today, shares of the construction supply company had gained 16.89% in the past month. In that same time, the Retail-Wholesale sector lost 5.89%, while the S&P 500 lost 2.9%.
The upcoming earnings release of Builders FirstSource will be of great interest to investors. The company is forecasted to report an EPS of $1.32, showcasing a 44.54% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $3.93 billion, down 7.22% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.26 per share and a revenue of $14.87 billion, signifying shifts of -38.17% and -2.08%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Builders FirstSource. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Builders FirstSource is holding a Zacks Rank of #5 (Strong Sell) right now.
Investors should also note Builders FirstSource's current valuation metrics, including its Forward P/E ratio of 20.9. This indicates a premium in contrast to its industry's Forward P/E of 17.32.
One should further note that BLDR currently holds a PEG ratio of 2.14. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Building Products - Retail industry was having an average PEG ratio of 1.44.
The Building Products - Retail industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 233, this industry ranks in the bottom 5% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
On June 29, 2026, Jabil Inc (JBL) shares rose 4.2% to a current price of $373.58. Over the past year, the stock has demonstrated strong performance, with a 72.1
On a positive day for markets, when the S&P 500 rose 1.2%, Tenable (TENB +10.82%) stock soared. Investors bid the cybersecurity stock higher after learning that the company had received an important security certification from the United States government.
Shares of Tenable closed 11% higher today from where they ended Friday's trading session.
Image source: Getty Images.
A new milestone translates to new opportunities Tenable reported today that its Tenable One Cloud Exposure, a cybersecurity solution that identifies and reduces security risks across multi‑cloud and hybrid cloud environments, has achieved Federal Risk and Authorization Management Program (FedRAMP) High and Impact Level (IL) 5 authorization, a rigorous U.S. government security certification.
Today's Change
(
10.82
%) $
3.27
Current Price
$
33.49
In addition to the Department of Defense, the company believes that achieving this milestone opens the door to opportunities with other highly sensitive federal use cases, such as intelligence agencies. Furthermore, the company acknowledges in the related press release that the authorization "enables Tenable to support new mission-critical use cases, including classified and tactical edge deployments, and offers a clear competitive advantage in the federal space."
What's an investor to do now? With the company gaining broader access to federal cloud contracts through its new FedRAMP certification, Tenable's growth potential has increased; thus, investors interested in cybersecurity stocks have a more appealing option through Tenable stock. And with shares of Tenable trading at 16.9 times operating cash flow, a discount to their five-year average cash flow multiple of 37.3, Tenable stock appears even more attractive, hanging on the discount rack.
Scott Levine has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
STAMFORD, Conn.--(BUSINESS WIRE)--June 29, 2026-- ITT Inc. (NYSE: ITT) today announced the election of Bertrand Loy and Kevin Wheeler to its Board of Directors.
“We are delighted to appoint to the ITT Board two highly accomplished, results-driven leaders,” said ITT Chair of the Board Nazzic S. Keene. “Their appointments reflect our disciplined approach to board refreshment and our focus on adding directors with capabilities and skillsets aligned with the strategic direction and business goals of ITT.”
“Bertrand brings a powerful combination of public company CEO experience, global manufacturing and supply chain leadership, and a strong record of scaling technology-driven industrial businesses driven by both organic and inorganic growth. His expertise in strategy, operational excellence, capital allocation and M&A integration will be highly relevant as ITT advances its portfolio and growth priorities,” said ITT Chief Executive Officer and President Luca Savi.
Savi continued, “Kevin has led a multibillion-dollar global industrial manufacturing enterprise, with deep experience across operations and sales, M&A and executive talent development. His track record of building high-performing teams, expanding global businesses and creating shareholder value will bring valuable perspective as we continue to strengthen ITT’s execution rigor and pursue disciplined growth. We are pleased to welcome both Bertrand and Kevin to the Board.”
The appointments are effective as of August 1, 2026. The Board also appointed Mr. Loy to the Audit Committee and Mr. Wheeler to the Nominating and Governance Committee, in each case effective August 1, 2026.
About Bertrand Loy
Mr. Loy is Executive Chairman and former Chief Executive Officer of Entegris, Inc. (Nasdaq: ENTG), a global supplier of advanced materials and process solutions for the semiconductor and other high-technology industries. He served as Chief Executive Officer from 2012 to 2025 and was appointed Executive Chairman in 2025. Earlier in his tenure at Entegris, he held senior leadership roles, including Chief Operating Officer and Executive Vice President of Global Supply Chain and Manufacturing.
Mr. Loy also serves as an independent director of Ashland Inc. (NYSE: ASH), where he is a member of the Audit Committee and the Governance and Nominating Committee. He brings extensive global leadership experience and deep expertise in innovation and financial management. He holds an MBA from ESSEC Business School in France.
About Kevin Wheeler
Mr. Wheeler is Executive Chairman and former Chief Executive Officer of A. O. Smith Corporation (NYSE: AOS), a global water technologies manufacturer serving customers in more than 60 countries. He served as Chief Executive Officer from 2018 to 2025 and became Executive Chairman in 2025. During his more than 30-year career with A. O. Smith, Mr. Wheeler has held leadership roles spanning sales, marketing, international business development, global operations, manufacturing and engineering.
Mr. Wheeler also serves as an independent director of Graco Inc. (NYSE: GGG), where he is a member of the Management Organization and Compensation Committee and the Governance Committee. Mr. Wheeler holds a Bachelor of Science degree in Finance from the University of Nevada and completed the Advanced Management Program at Harvard Business School.
About ITT
ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, nutrition and health and energy markets. The company operates through three value centers: Flow Technologies, Motion Technologies and Connect & Control Technologies. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in Stamford, Connecticut, with employees in more than 40 countries and sales in approximately 125 countries. For more information, visit www.itt.com.
Bitcoin (CRYPTO: BTC) is in an interesting spot from a technical perspective, according to a popular trader that outlined his trading approach for the short term.
In a podcast on June 28, heavily followed trader Crypto Banter said he is fully positioned for what he calls "Scenario A," a strong relief rally from current levels toward $72,000.
Bitcoin’s support around the high-$58,000 to low-$60,000 range, combined with weekly bullish divergence and Fibonacci confluence, makes this an attractive accumulation zone, the trader said.
He placed his invalidation below $57,400, adding that a break beneath that level would increase the probability of a much deeper move.
"I’ve gone long in the markets. I’m long on Bitcoin. I’m long on multiple altcoins and I’m going to continue building altcoin positions,” he added.
The trader’s first Bitcoin profit target sits at $67,000, followed by a second target near $71,000, expecting the move to play out over the next one to two weeks.
Altcoins On The RadarBeyond Bitcoin, the trader has opened or is building positions in several major altcoins:
Image: Shutterstock
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Aerovironment stock ripped 19% higher on Monday after the bell as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines.
The company smashed expectations, reporting earnings of $1.84 per share while analysts polled by LSEG were expecting $1.46 per share. Revenue also came in ahead, more than doubling to $642 million versus an analyst estimate of $559 million.
CEO Wahid Nawabi said in a release that AeroVironment is well positioned to benefit from the rising global demand in drones, counter-drones and space technology.
AeroVironment's funded backlog of $1.2 billion was up 65% over last year, but only slightly above the $1.1 billion backlog reported in the prior period. Autonomous systems revenue of $492 million handily beat the $402 million StreetAccount expectation.
Nawabi told CNBC's Morgan Brennan during a recent exclusive tour of the company's Simi Valley, California, facility that the fundamentals of warfare have changed due to the recent conflicts in Ukraine and Iran.
"We knew that this inflection point was going to happen sooner or later," he said, "and these last couple of conflicts that have become globally well known has essentially brought this thing to the forefront."
Read more CNBC tech newsThe memory shortage shaking Apple and Microsoft is 'existential crisis' for smaller playersThe AI boom is colliding with a new threat: Severe weatherChina's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held backHow GE Vernova builds the massive gas turbines powering the AI data center boomAeroVironment posted net income of $63.17 million during Q4 2026, or $1.25 per share. A year ago, the company posted net income of $16.66 million, or 59 cents per share.
The dronemaker expects fiscal year 2027 revenue in the range of $2.13 billion and $2.23 billion, with LSEG expecting $2.17 billion. The company's guidance for adjusted 2027 EPS called for a range of between $3.02 and $3.34, while LSEG expectations were for $3.94 per share.
The company's shares are down more than 40% this year, but with the U.S. Defense Department budget for drones alone set to possibly top $75 billion next year, there is a huge opportunity ahead.
"Not only the U.S. Department of War, but all of our allies are behind the eight ball in terms of adoption and deployment," Niwabi told CNBC.
"Now we're playing catch up. Our military is playing catch up in a very fast pace," he added.
If you purchased or acquired AeroVironment securities between June 25, 2025 and March 10, 2026 and would like to discuss your legal rights, contact Bragar Eagel & Squire partners Brandon Walker or Melissa Fortunato by email at [email protected], or by telephone at (212) 355-4648.
Click here to participate in the action.
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) --
What’s Happening?
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Aerovironment, Inc. (“Aerovironment” or the “Company”) (NASDAQ:AVAV) in the United States District Court for the Eastern District of Virginia on behalf of all persons and entities who purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the “Class Period”).Investors have until July 27, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. What are the Allegation Details?
The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts by understating the likelihood that AeroVironment would imminently face competition from other vendors for the work it performed in connection with the Satellite Communication Augmentation Resource program and the U.S. Space Force’s ongoing efforts to modernize the Satellite Control Network.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company’s agreement to deliver BADGER systems to the SCAR program. On this news, AeroVironment's stock price fell $61.97 per share, or over 15%, to close at $330.89 per share on January 20, 2026.
Then, on March 10, 2026, AeroVironment announced disappointing financial results for the third quarter of fiscal year 2026. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company’s space division after the stop work order on the Company’s BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program. On this news, AeroVironment’s stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026. What are my Next Steps?
If you purchased or otherwise acquired Aerovironment shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.
AeroVironment (AVAV - Free Report) came out with quarterly earnings of $1.84 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.61 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +20.10%. A quarter ago, it was expected that this maker of unmanned aircrafts would post earnings of $0.68 per share when it actually produced earnings of $0.64, delivering a surprise of -5.88%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
AeroVironment, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $641.62 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 13.94%. This compares to year-ago revenues of $275.05 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
AeroVironment shares have lost about 43% since the beginning of the year versus the S&P 500's gain of 7.4%.
What's Next for AeroVironment?While AeroVironment has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for AeroVironment was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.56 on $519.02 million in revenues for the coming quarter and $3.73 on $2.15 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense Equipment is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Moog (MOG.A - Free Report) , is yet to report results for the quarter ended June 2026.
This aerospace contractor is expected to post quarterly earnings of $2.59 per share in its upcoming report, which represents a year-over-year change of +9.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Moog's revenues are expected to be $1.08 billion, up 10.7% from the year-ago quarter.
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its second-quarter 2026 financial results after the market closes on Wednesday, July 29, 2026. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at [email protected].
About Morningstar
Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors, institutional investors in the debt and private capital markets, and alliances and redistributors. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $370 billion in assets under management and advisement (AUMA) as of March 31, 2026. The Company operates through wholly-owned subsidiaries in 32 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on LinkedIn @Morningstar.
June 29, 2026 16:20 ET | Source: Vishay Intertechnology, Inc.
MALVERN, Pa., June 29, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (the “Company,” “Vishay”) (NYSE: VSH) today announced that it has commenced an underwritten public offering of $750.0 million of shares of its common stock. In connection with the proposed offering, Vishay expects to grant the underwriters a 30-day option to purchase up to an additional $112.5 million of shares of its common stock. All of the shares are being offered by Vishay. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the proposed offering may be completed, or as to the actual size or terms of the offering.
Vishay intends to use the net proceeds from the proposed offering to accelerate its growth initiatives and for general corporate purposes, including to reduce current borrowings under its senior secured credit facility. J.P. Morgan is acting as lead book-running manager for the proposed offering. Needham & Company, Oppenheimer & Co., Raymond James, TD Cowen and Truist Securities are also serving as book-running managers. Fifth Third Securities, MUFG, Santander and UniCredit are serving as co-managers.
The proposed offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, that was filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 29, 2026 and automatically became effective upon filing. A preliminary prospectus supplement and accompanying prospectus relating to the proposed offering have been filed with the SEC and are available for free on the SEC’s website located at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the proposed offering may be obtained, when available from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204, or by email at [email protected] and [email protected].
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Vishay
Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and healthcare markets. Serving customers worldwide, Vishay is The DNA of tech.® Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH).
Forward-Looking Statements
This press release contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, whether or not Vishay will offer the common stock or consummate the offering, the anticipated terms of the offering, the anticipated use of the proceeds from the offering, and the risks set forth under the heading “Risk Factors” in Vishay’s Annual Report on Form 10-K for the year ended December 31, 2025, most recent Form 10-Q and other reports filed from time to time with the SEC. Vishay does not undertake any obligation to publicly update any forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by law.
The DNA of tech® is a trademark of Vishay Intertechnology.
Contact:
Vishay Intertechnology, Inc.
Peter Henrici
Executive Vice President, Corporate Development
+1-610-644-1300
Sun Communities is rated 'Buy' due to resilient demand, high occupancy, and attractive valuation with a 3.7% dividend yield. SUI's portfolio simplification—exiting marinas and U.K. assets—sharpens its focus on North American manufactured housing and RV assets, enhancing capital allocation. SUI's BBB+ balance sheet, robust cash flow, and data-driven operations position it for 6-8% FFO/share growth and 10-12% total returns potential.
With broader market volatility likely to emerge at some point amid geopolitical uncertainty, evolving monetary policy, and premium stock valuations across many growth sectors, defensive investments may become increasingly attractive.
Consumer staples companies have historically offered resilience during market downturns because demand for food and household essentials tends to remain relatively stable regardless of economic conditions.
Better still, investors don't necessarily have to sacrifice income or valuation. To that point, Albertsons Companies (ACI - Free Report) ), B&G Foods (BGS - Free Report) ), and Nomad Foods (NOMD - Free Report) ) all trade at modest stock prices and earnings multiples while offering dividend yields well above 3%.
For investors looking to build a defensive hedge within a diversified portfolio, these attractively valued consumer food stocks may deserve a closer look, with each sporting a Zacks Rank #2 (Buy) at the moment.
Albertsons: A Discount Grocery Giant Trading at a BargainAlbertsons operates more than 2,200 grocery stores across the United States under well-known banners including Safeway, Vons, Jewel-Osco, Shaw's, and ACME. Grocery retailers tend to perform relatively well throughout economic cycles as consumers continue purchasing essential food products even during economic downturns.
Furthermore, Albertsons has invested heavily in digital capabilities, loyalty programs, and private-label offerings, helping to strengthen customer retention while supporting profitability. Meanwhile, pharmacy services and fuel centers provide additional recurring traffic.
From a valuation standpoint, Albertsons stock remains inexpensive, trading at $13 a share and roughly 6X forward earnings while offering investors a 5% annual dividend yield. Plus, ACI has a 29% payout ratio that suggests there is plenty of cushion for future dividend hikes.
Although grocery retailing remains a competitive business with relatively thin margins, Albertsons' stable cash generation and shareholder-friendly capital allocation make the stock an appealing defensive investment for income-focused investors.
Image Source: Zacks Investment Research
B&G Foods: High Yield Supported by Well-Known BrandsB&G Foods owns a diverse portfolio of recognizable pantry brands, including Green Giant, Cream of Wheat, Ortega, Crisco, Back to Nature, and Spice Islands. While inflation and higher interest expenses have pressured results over the past several years, management has focused on debt reduction, cost controls, and improving operating efficiency.
As inflation moderates and pricing pressures normalize, B&G could benefit from improving margins while continuing to generate steady cash flows from its collection of staple food brands.
The stock certainly stands out for income investors, currently yielding an eye catching 18% dividend yield, while trading at a discounted valuation compared to many consumer staples peers. At $4 a share, BGS trades at 7X forward earnings compared to its Zacks Food-Miscellaneous Industry average of 14X.
While it remains to be seen whether B&G Foods can sustain its elevated dividend, the risk-to-reward profile appears attractive thanks to the combination of its established brands and improving fundamentals, making BGS an intriguing higher-yield defensive play.
Image Source: Zacks Investment Research
Nomad Foods: Europe's Frozen Food LeaderNomad Foods is Europe's leading frozen food company, owning popular brands including Birds Eye, Findus, iglo, Aunt Bessie's, and Goodfella's.
Frozen foods are benefiting from long-term consumer trends favoring convenience, affordability, and reduced food waste. These characteristics have helped Nomad generate consistent cash flows while maintaining healthy operating margins across multiple European markets.
Management has continued to expand through product innovation and strategic acquisitions while returning excess cash to shareholders through dividends and share repurchases.
Despite these strengths, Nomad stock is trading around $11 a share and just 6X forward earnings while offering a 6% annual dividend yield.
The company's combination of recurring revenue, stable demand, disciplined capital allocation, and international diversification makes Nomad an appealing long-term holding for defensive investors.
Image Source: Zacks Investment Research
Why Consumer Staples Can Help Protect a PortfolioConsumer staples have traditionally outperformed many cyclical sectors during periods of economic uncertainty because demand for everyday necessities remains relatively consistent. Grocery stores and packaged food manufacturers typically experience less volatility than discretionary retailers, technology companies, or industrial businesses.
For investors seeking additional stability, companies that pair durable cash flows with reliable dividend income can help reduce overall portfolio volatility while generating income regardless of market conditions.
Bottom LineBuilding positions in high-quality consumer staples stocks can be an effective way to add a defensive hedge to an investment portfolio without paying premium valuations.
Albertsons, B&G Foods, and Nomad Foods fit that profile as they offer exposure to essential food products, dependable cash generation, and have dividend yields well above 3%. Meanwhile, their inexpensive earnings multiples provide an added margin of safety.
Committee member of the Senate Armed Services Committee, U.S. Senator Angus S. King Jr. (I-ME), attends a Senate Armed Services Committee hearing on U.S. President Donald Trump's FY2027 budget... Purchase Licensing Rights, opens new tab Read more
CompaniesNEW YORK, June 29 (Reuters) - U.S. Senator Angus King is urging the country's top energy regulator to reject NextEra Energy's (NEE.N), opens new tab proposed $66.8 billion acquisition of Dominion Energy (D.N), opens new tab, saying the deal would consolidate too much power in the hands of one company, a filing on Monday showed.
The country has seen a spate of giant power mergers in recent years with the rise of electricity demand after a roughly two-decade-long lull, driven by the expansion of energy-intensive data centers and the electrification of industries like transportation.
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Last month, NextEra announced its plan to buy Dominion to create the world's largest regulated electric utility, in what would be one of the all-time biggest mergers of its kind. Virginia-based Dominion serves the largest concentration of data centers globally.
In a letter to the Federal Energy Regulatory Commission, King, from Maine, said the massive utility formed by the consolidation would deter competition in a territory that would affect more than 10 million people.
"A single firm with that mix of merchant generation, regulated generation, transmission, and load-pocket exposure has powerful incentives and tools to shape regional markets in its favor," King said, citing the 110 gigawatts of electric-generating capacity between the two companies, the most natural gas-fired power and second-largest nuclear operations in the country.
King said NextEra has already stymied clean energy power competition through lobbying efforts in New England. He cited other business conduct concerns by the company that he said could ultimately raise prices for consumers.
NextEra was not immediately available for comment.
Reporting by Laila Kearney in New York; Editing by Liz Hampton and David Gaffen
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Verra Mobility Corporation (NASDAQ: VRRM) between February 24, 2026 and May 26, 2026, inclusive (the "Class Period"), of the important August 4, 2026 lead plaintiff deadline.
So what: If you purchased Verra Mobility common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Verra Mobility class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Verra Mobility class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
On June 29, 2026, Axon Enterprise Inc (AXON) shares rose 9.8% today, bringing the current price to $510.60. This price is within a 52-week range of $339.01 to $
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Calix, Inc. (NYSE: CALX) between January 28, 2026 and April 21, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.
So What: If you purchased Calix securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Calix's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) Calix's advanced supply of memory components was dwindling; (3) as a result, Calix was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) as a result of the foregoing, defendants' positive statements about Calix's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Calix class action, go to https://rosenlegal.com/cases/calix-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
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On June 29, 2026, Ubiquiti Inc (UI) shares rose 3.7% to a current price of $545.72. The stock has experienced a volatility trend over the past year, ranging fro
, /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), or the Company, today announced it has closed its previously announced $150 million issuance of cumulative convertible perpetual preferred stock (the "Convertible Preferred Stock"), purchased by KKR Alternative Assets L.P., a subsidiary of KKR. The Company intends to use the proceeds from the issuance for general corporate purposes, including funding its common stock repurchase program or for debt repayment.
The Convertible Preferred Stock will pay dividends of 5.00% per annum in cash, or, at the Company's option, 7.00% per annum in PIK dividends. After the 5.5-year anniversary of the issue date, the dividend rate will increase annually by 1.00% per annum. The Convertible Preferred Stock ranks junior to all existing indebtedness of the Company and senior to the Company's common stock.
The Convertible Preferred Stock may be redeemed by the Company at any time in cash and, after three years, if the then-current 30-day VWAP of the Company's common stock on the New York Stock Exchange is equal to or above the conversion price then in effect, the Company may redeem the Convertible Preferred Stock by delivering shares of the Company's common stock in lieu of cash. The initial conversion price is $18.83 per share (the Company's net asset value per share as of March 31, 2026) and is subject to customary adjustments, including certain anti-dilution protections. At the option of the holders of the Convertible Preferred Stock, after six months, the Convertible Preferred Stock may be converted into the Company's common stock at the conversion price then in effect and, after six years or in the event of certain other events, the Convertible Preferred Stock may be redeemable in cash.
The holders of the Convertible Preferred Stock are entitled to vote on an as-converted basis on all matters submitted to a vote of the Company's stockholders and have the right, voting separately as a single class, to elect two members of the Company's board of directors. Holders of a majority of the outstanding shares of Convertible Preferred Stock have the option to require the Company to redeem all of the outstanding shares of Convertible Preferred Stock upon the occurrence of certain changes of control.
The shares of Convertible Preferred Stock were offered in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"). These securities have not and will not be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act, as applicable.
About FS KKR Capital Corp.
FSK is a leading publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. FSK seeks to invest primarily in the senior secured debt and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies. FSK is advised by FS/KKR Advisor, LLC. For more information, please visit www.fskkrcapitalcorp.com.
About FS/KKR Advisor, LLC
FS/KKR Advisor, LLC (FS/KKR) is a partnership between Future Standard and KKR Credit that serves as the investment adviser to FSK and other business development companies.
Future Standard is a global alternative asset manager serving institutional and private wealth clients, investing across private equity, credit and real estate. With a 30+ year track record of value creation and over $94 billion in assets under management, we back the business owners and financial sponsors that drive growth and innovation across the middle market, transforming untapped potential into durable value1.
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at www.globalatlantic.com.
Forward-Looking Statements and Important Disclosure Notice
This press release contains forward-looking statements that are not historical facts, including, without limitation, statements with regard to future events or FSK's future performance or financial condition, statements regarding share repurchase activity and FSK's intended use of proceeds from the issuance of the Convertible Preferred Stock, and the financial position, business strategy and plans and objectives of management for FSK's future operations. Words such as "anticipate," "believe," "expect," and "intend" indicate a forward-looking statement, although not all forward-looking statements include these words. These forward-looking statements are not guarantees of performance or events and are subject to risks, uncertainties and other factors, some of which are beyond FSK's control and difficult to predict and could cause actual results or future events to differ materially from those expressed or forecasted in the forward-looking statements for any reason, including those factors set forth in "Item 1A. Risk Factors" in FSK's Annual Report on Form 10-K. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results or events to differ materially from those projected in these forward-looking statements. Factors that could cause actual results or events to differ materially include, without limitation, changes in the economy, geo-political risks, risks associated with possible disruption in FSK's operations or the economy generally due to terrorism, natural disasters or pandemics, future changes in laws or regulations and conditions in FSK's operating area and the price at which shares of FSK's common stock trade on the New York Stock Exchange. Some of these factors are enumerated in the filings FSK makes with the SEC. In addition, the FSK board-authorized share repurchase program does not require FSK to repurchase any specific number of shares of FSK's common stock. There is no assurance that FSK or any of its affiliates will purchase shares of its common stock at any specific discount levels or in any specific amounts or that the market price of FSK's common stock, either absolutely or relative to net asset value, will increase as a result of any share repurchases, or that any repurchase plan will enhance stockholder value over the long term. These forward-looking statements included in this press release are based on information available as of the date hereof and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Except as required by the federal securities laws, FSK undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Investors should not place undue reliance on these forward-looking statements.
The press release above contains summaries of certain financial and statistical information about FSK. The information contained in this press release is summary information that is intended to be considered in the context of FSK's SEC filings and other public announcements that FSK may make, by press release or otherwise, from time to time. FSK undertakes no duty or obligation to update or revise the information contained in this press release. In addition, information related to past performance, while helpful as an evaluative tool, is not necessarily indicative of future results, the achievement of which cannot be assured. Investors should not view the past performance of FSK, or information about the market, as indicative of FSK's future results.
Contact Information:
Investor Relations Contact
Caitlin Welch
[email protected]
Future Standard Media Team
Marc Hazelton
[email protected]
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1 Total AUM estimated as of March 31, 2026. References to "assets under management" or "AUM" represent the assets managed by Future Standard or its strategic partners as to which Future Standard is entitled to receive a fee or carried interest (either currently or upon deployment of capital) and general partner capital. Future Standard calculates the amount of AUM as of any date as the sum of: (i) the fair value of the investments of Future Standard's investment funds; (ii) uncalled investor capital commitments to these funds, including uncalled investor capital commitments from which Future Standard is currently not earning management fees or carried interest; (iii) the value of outstanding CLOs; (iv) the fair value of FS KKR Capital Corp. joint venture (JV) assets and (v) the fair value of other assets managed by Future Standard. Future Standard's calculation of AUM may differ from the calculations of other asset managers and, as a result, Future Standard's measurements of its AUM may not be comparable to similar measures presented by other asset managers. Future Standard's definition of AUM is not based on any definition of AUM that may be set forth in agreements governing the investment funds, vehicles or accounts that it manages and is not calculated pursuant to any regulatory definitions.
SummaryAutoZone is reiterated as a Buy, supported by resilient performance, aggressive international expansion, and robust investments in hubs and mega-hubs.Q3 FY26 saw solid EPS growth and strong international same-store sales, despite macro headwinds and a minor revenue miss.Elevated CAPEX is driving store growth and inventory proximity, with share buybacks and disciplined capital allocation underpinning EPS growth.Valuation remains attractive, with intrinsic value estimated above current levels, offering a margin of safety for long-term investors. Getty Images
Introduction Back when I first covered AutoZone (AZO), I initiated coverage with a Buy rating, arguing how the “Recent Pullback Creates An Opportunity In A Durable Auto Parts Leader,” highlighting the company’s strong performance and major ongoing expansion
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