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2026-06-21 23:12 1mo ago
2026-06-17 18:50 1mo ago
IonQ, Inc. (IONQ) Dips More Than Broader Market: What You Should Know
IONQ IONQ
FMP Stock News
Original source text
In the latest close session, IonQ, Inc. (IONQ - Free Report) was down 2.44% at $54.69. The stock trailed the S&P 500, which registered a daily loss of 1.22%. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq lost 1.35%.

Heading into today, shares of the company had gained 15.73% over the past month, outpacing the Computer and Technology sector's gain of 1.19% and the S&P 500's gain of 1.56%.

The investment community will be paying close attention to the earnings performance of IonQ, Inc. in its upcoming release. On that day, IonQ, Inc. is projected to report earnings of -$0.29 per share, which would represent year-over-year growth of 58.57%. In the meantime, our current consensus estimate forecasts the revenue to be $66.36 million, indicating a 220.73% growth compared to the corresponding quarter of the prior year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$1.04 per share and a revenue of $262.6 million, indicating changes of +42.86% and +101.98%, respectively, from the former year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for IonQ, Inc. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 13.32% downward. Right now, IonQ, Inc. possesses a Zacks Rank of #4 (Sell).

The Computer - Integrated Systems industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 16, this industry ranks in the top 7% of all industries, numbering over 250.

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.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
2026-06-21 23:12 1mo ago
2026-06-18 08:20 1mo ago
2 Quantum Stocks Are Drawing Capital as AI Infrastructure Hits a Wall
IONQ IONQ
FMP Stock News
Original source text
Generative artificial intelligence (AI) dominated the market narrative for the last three years, driving semiconductor sector valuations to historic premiums. Yet, the physical limits of classical computing are quietly halting that momentum. Data centers powering large language models consume staggering amounts of electricity, creating an unsustainable infrastructure bottleneck that threatens future scalability.

Institutional money rarely waits for a ceiling to break. Capital is aggressively pivoting into quantum computing infrastructure, seeking the absolute limits of processing power. If investors want to understand the violent upward swings in micro-cap quantum tech, they have to look beyond the daily price charts because a structural shift is underway. Early-stage hardware developers are transitioning into enterprise-grade cloud providers. By identifying how and why asset managers are reallocating their tech exposure, investors can navigate the extreme volatility defining this emerging frontier.

Get IonQ alerts:

Hitting the Wall: Classical Computing Is Out of GasTo understand the sudden influx of capital into quantum technology, investors must consider the macro headwinds facing traditional artificial intelligence. Classical supercomputers built on traditional binary architecture require massive thermal cooling and gigawatt-level power supplies to maintain performance. We are approaching a classical wall, where the cost of energy outpaces the marginal gains in processing speed.

Quantum systems bypass this friction entirely. Operating via quantum entanglement and superposition, these machines execute complex algorithmic modeling using a fraction of the kilowatt-hours required by exascale classical computers. Smart capital recognizes this utility not just as a processing upgrade, but as a defensive structural hedge against a looming data center energy crisis.

This thesis received massive validation in mid June 2026 when Microsoft NASDAQ: MSFT unveiled the Majorana 2 quantum processor. Featuring 12 topological qubits and a documented 1,000-fold increase in reliability, this artificial intelligence-assisted chip release proved that scalable hardware is viable.

Topological qubits are inherently less prone to environmental interference, thereby overcoming the massive error-correction hurdle that previously held back commercial deployment.

When Microsoft commits heavy research and development dollars to a specific architecture, it establishes a macroeconomic floor that de-risks the broader sector for institutional investors.

Monetizing the Physics: Scaling Revenue in the Quantum CloudThe most significant catalyst driving recent double-digit gains is a fundamental shift in the business model. The industry is moving away from selling legacy, one-off hardware systems and toward recurring, high-margin Quantum-as-a-Service cloud bookings.

IonQ Today

$56.48 -0.07 (-0.12%)

As of 06/18/2026 03:59 PM Eastern

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

52-Week Range$25.89▼

$84.64Price Target$68.63

IonQ NYSE: IONQ perfectly illustrates this inflection point. In the first quarter of 2026, IonQ posted record revenue of $64.7 million, representing 755% year-over-year growth. More importantly, IonQ leadership raised full-year guidance to a range of $260 million to $270 million, backed by a massive 554% increase in remaining performance obligations.

Remaining performance obligations sit at $470 million today. For fundamental analysts, remaining performance obligations are the ultimate metric of predictable future cash flows, signaling that enterprise clients are signing long-term, binding contracts rather than running one-off experiments.

To secure the domestic supply chain, IonQ recently acquired integrated photonics manufacturer SkyWater for $1.8 billion.

Quantum Computing Today

QUBT

Quantum Computing

$10.76 0.00 (0.00%)

As of 06/18/2026 04:00 PM Eastern

52-Week Range$6.18▼

$25.84Price Target$18.33

Smaller peers are following the exact same vertical integration playbook. Quantum Computing Inc. NASDAQ: QUBT recently executed a $110 million buyout of Luminar Semiconductor.

This aggressive merger and acquisition activity directly translated to the balance sheet, with first-quarter revenue exploding to $3.69 million, an approximate 9364% surge from baseline figures just a year ago.

Federal capital injections provide the ultimate backstop for these early-stage bookings. The U.S. government recently allocated $2 billion in grants and direct equity stakes across domestic quantum firms, driven by defense and national security mandates.

IonQ recently secured a spot in the Defense Advanced Research Projects Agency HARQ program, underscoring the defense sector's reliance on scalable networking architectures. When the government effectively guarantees the survival of domestic quantum foundries, institutional asset managers confidently build foundational positions.

Superposition: Trading the Chaos in Micro-Cap QuantumIf the fundamentals are shifting so rapidly, an investor might wonder why the sector experiences such chaotic trading sessions. It is common to see quantum equities rally 15% at the open, only to close the day down 5% to 8%.

This extreme price oscillation is a structural feature of the transition phase from micro-cap technology to mid-cap commercial infrastructure. Both IonQ and Quantum Computing Inc. have astronomical betas of 3.18 and 3.72, respectively, indicating they are exceptionally sensitive to broader market movements. The market prices these assets as high-beta momentum vehicles rather than traditional value investments.

Two distinct mechanical forces drive this intraday whiplash: algorithmic short squeezes and executive liquidity events.

Quantum Computing Inc. currently carries a heavy short interest representing roughly 32.6% of the public float, alongside a tight days-to-cover ratio. When positive news hits the wire, like an earnings beat or a defense contract, algorithmic short covering triggers violent upward momentum. Momentum traders aggressively capture the arbitrage on these swings, causing a rapid spike followed by immediate profit-taking. IonQ carries a lower but still impactful short interest of 16.38%, creating similar setups.

Insider trading data often creates optical headwinds that spook retail investors. For example, IonQ recently saw a cluster of Securities and Exchange Commission Form 144 filings tied to proposed stock sales.IonQ executives executed pre-scheduled stock sales following the vesting of restricted stock units. This localized supply pressure routinely exacerbates the asset class's inherent beta. Understanding the difference between scheduled liquidity and fundamental institutional abandonment is critical to surviving the volatility.

Strategic Entries: Quantum Now, Quantum LaterThe transition from theoretical physics to booked commercial revenue marks the exact inflection point where risk-tolerant capital enters the market. The macro tailwinds are firmly in place. Artificial intelligence hardware is facing profound energy constraints, major industry players like Microsoft are actively advancing processor architectures, and enterprise cloud bookings are up triple digits across the board.

The path to fault-tolerant, fully scalable computing remains years away, and the daily price action reflects the tension between long-term vision and short-term speculative trading. Investors willing to accept extreme volatility might consider adding these high-beta infrastructure plays to their watchlists as momentum builds, utilizing sharp intraday pullbacks as potential entry points.

Cautious investors seeking a smoother ride may prefer to monitor the sector from the sidelines until consistent profitability metrics and institutional float stabilization replace the current short-squeeze dynamics defining the sector's main players today.

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

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IonQ wasn't on the list.

While IonQ currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Click the link to see MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

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2026-06-21 23:12 1mo ago
2026-06-18 12:15 1mo ago
Xanadu Quantum vs. IonQ: The Better Quantum Computing Stock Buy for 2026
IONQ IONQ
FMP Stock News
Original source text
Artificial intelligence stocks have been hot, and the next big investment opportunity could be in quantum computing. A number of pure-play quantum companies have gone public in the past few years, capitalizing on investor interest in the technology.

One of the newest in this space is Xanadu Quantum Technologies (XNDU 1.40%). Its initial public offering (IPO) occurred on March 27. By comparison, IonQ (IONQ +3.40%) is a relative veteran, having gone public in 2021.

Is Xanadu or IonQ the better investment for investors seeking exposure to this up-and-coming industry? Here's a deeper look at both to arrive at an answer.

Image source: Getty Images.

A look at Xanadu Xanadu claims to be the first pure-play photonic quantum computing company to go public. The use of photons in its technology differentiates it from IonQ, which employs ions.

Xanadu CEO Dr. Christian Weedbrook said he founded the company with "a conviction that photonics was the right path to a scalable quantum computer." His claim has merit, though photons and ions offer distinct advantages and downsides.

Photons are light particles with properties that make them a compelling choice to power quantum computers. They are well-suited for quantum cryptography because their random quantum states make every photon inherently secure.

Moreover, photons can transmit quantum data over long distances, rendering them suitable for quantum networking. Computer networks are essential for artificial intelligence, since networked devices unlock greater computational ability. In fact, IonQ added photonics to its solutions for these reasons.

Xanadu is on a roll. It partnered with AI semiconductor giant Advanced Micro Devices and quadrupled revenue growth in the first quarter, reaching $2.8 million compared to $0.7 million in the previous year.

Today's Change

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13.38

IonQ is focused on building an expansive quantum computing business. It boasts a vast array of quantum-related solutions from computer processors to cybersecurity, including quantum networks extending into outer space. It was one of the first in the world to deploy a citywide quantum computer network, implemented in Geneva last year.

It chose ions to drive its machines because they can deliver high fidelity, a measure of the accuracy and reliability of quantum calculations. One challenge for companies in this industry is that quantum particles are inherently unstable, causing calculation errors. A quantum computer that can't produce accurate results is worthless, so IonQ pursued ions to overcome this hurdle. It set a world record for fidelity last year.

IonQ's technological advances enabled it to achieve robust revenue growth as customers adopted its technology. The company reported first-quarter sales of $64.7 million, representing an outstanding 755% year-over-year increase. Its strong start to 2026 led IonQ to raise its full-year outlook to $260 million to $270 million in revenue, an impressive jump from $130 million in 2025.

Today's Change

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3.40

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1.86

Current Price

$

56.55

Picking between Xanadu and IonQ Although both companies are growing sales, this has come with rising costs. Xanadu reported a Q1 operating loss of $23.3 million, up from $12.8 million in the previous year. IonQ's Q1 loss from operations was more severe, totaling $271.5 million compared to a loss of $75.7 million in 2025. The company acquired multiple businesses in the past year, and this caused expenses to balloon.

Both have amassed a substantial cash hoard to fund operations as they ramp up sales. At the end of Q1, Xanadu held cash and equivalents of $272.5 million, while IonQ had cash, cash equivalents, and investments of $3.1 billion.

Quantum computing is still in its early days, making it anyone's game to win. At this stage, Xanadu, IonQ, or both could gain significant market share. For deciding between these two, however, I believe IonQ has the greater opportunity to be a winner over the long run, making it the better stock to buy.

IonQ's sales are far higher than Xanadu's, indicating its technology has gained more traction in the market. Its cash funds are significantly larger as well, and could last quite some time if the company can reduce costs. It has assembled an impressive technology stack that positions it for ongoing revenue growth.

From a valuation perspective, neither is a cheap stock. That said, Xanadu's price-to-sales ratio is over 700 compared to IonQ's 98, making the latter look like a bargain. Considering these myriad factors, IonQ looks like the more appealing quantum computing investment.
2026-06-21 23:12 1mo ago
2026-06-19 03:23 1mo ago
Better Quantum Computing Stock to Buy: IonQ vs. Rigetti
IONQ IONQ
FMP Stock News
Original source text
Quantum computing is an exciting technology that's looming in the distance. There are countless breakthroughs happening in this field, and the technology could start to make an impact soon, with many estimates pointing toward 2030 as the year when quantum computing becomes commercially viable. If that's the case, then investors need to be positioned in the winning stocks years before 2030, as that's when the biggest gains will occur.

There are two primary types of quantum stocks: legacy players and pure-play start-ups. Legacy players include companies like Alphabet and IBM that have existing businesses with established cash flows that can throw a ton of money at this technology to make it viable. While those still exist and promise quantum computing investments, if they produce a commercially viable product, it won't have as great an effect on their long-term results as it would for some of the smaller companies.

The pure-play start-ups are smaller companies that have to produce a viable quantum computing product or else risk going bankrupt. While these investments are riskier, the upside is far greater. Two of the market's favorite quantum computing pure-plays are IonQ (IONQ +3.40%) and Rigetti Computing (RGTI +5.51%). If either or both of these pan out, the upside could be enormous, but which is the better buy?

Image source: Getty Images.

Each is taking a different path There isn't one established way to do quantum computing. The base idea is to harness the quantum mechanics of a particle and manipulate it into doing various computations, but how that's done is different from company to company. The most common way to perform quantum computing is by using a process called superconducting. This involves cooling a chamber to near absolute zero, then utilizing a slowed-down particle to perform calculations. This is the path that many of the legacy tech players are taking, as is Rigetti. Superconducting's advantage is that it allows for high-speed calculations, but its disadvantage is that it's currently inaccurate.

Today's Change

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5.51

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1.11

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21.36

Rigetti's recently launched 108-qubit system has a median 2-qubit gate fidelity of 99.1%. That means users can expect an error 0.9% of the time when a calculation passes through two operations. That's not quite good enough for commercial products, and IonQ has a leg up in this area.

IonQ utilizes a technique known as trapped-ion, which uses lasers to cool the particle precisely. The trapped-ion approach is essentially the opposite of superconducting, as it provides high-accuracy, low-speed computers. Back in October 2025, IonQ achieved 99.99% 2-qubit gate fidelity, and this technology will be integrated into its 256-qubit system, of which there has already been one sale.

IonQ's technology is more accurate and offers greater computational capacity (more qubits). That gives IonQ the edge here, although breakthroughs and advancements could easily shift the balance in Rigetti's favor over the next few years.

Winner: IonQ

IonQ has a much stronger financial position Comparing financials, it's clear that IonQ's product is getting a lot more attention. Its Q1 revenue rose 755% year over year to nearly $65 million. While some of that growth came from acquisitions, it's still seeing increased partnerships and greater system sales than Rigetti is.

Today's Change

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3.40

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1.86

Current Price

$

56.55

Rigetti's revenue rose from $1.47 million in Q1 2025 to $4.4 million in the same quarter of 2026, but that's just a fraction of IonQ's sales. This tells me that the market is more excited about IonQ's products than Rigetti's, and unless Rigetti can turn it around, I'm inclined to declare IonQ the overall winner.

Winner: IonQ

The leaders now may not be the leaders of tomorrow While I think IonQ is by far the better quantum computing stock to buy now, there's no saying that Rigetti can't catch up or that IonQ won't hit a roadblock. The sector is still a ways from producing viable quantum computing at a widespread scale, which could give others time to catch up. That's why investing in a basket of quantum computing stocks or a quantum computing exchange-traded fund (ETF) is a smart idea, as it spreads your investment across multiple companies.

Quantum computing is coming, and there are several ways to capitalize on it. While I'm a huge fan of IonQ right now, there are also several lower-risk ways to play this space. If you do choose to invest in a stock like IonQ, ensure that the position size is small enough that it going to $0 won't affect your portfolio too much, as the risk of failure still exists.
2026-06-21 23:12 1mo ago
2026-06-19 03:55 1mo ago
3 Tech Stocks to Buy Before Q-Day
IONQ IONQ
FMP Stock News
Original source text
Quantum computing is a relatively new technology, and the world's top investors are paying attention to how it develops. In particular, some are looking ahead to an event that the experts view as inevitable: the point when quantum computers are powerful enough to crack the public-key encryption tools that are widely used to secure data and communications today -- an event that has been dubbed "Q-Day."

Hackers and cybercriminals with access to the technology at that point will be able to rapidly decrypt previously well-secured data and obtain access to sensitive information about consumers, businesses, and governments. Companies and countries aren't waiting idly for Q-Day to happen, however.

Shark Tank personality Kevin O'Leary, former White House chief of staff Mick Mulvaney, and Fox Business host Charles Payne were some of the people who convened in New York this month for a Q-Day investment forum organized by Naoris Protocol, a company that uses blockchain technology to prepare businesses for that day.

"Infrastructure migration takes years," Naoris Protocol CEO David Varvalho said in the opening presentation. "You do not wait until the last second to modernize national infrastructure. Once Q-Day happens, it's already too late."

That means there are investment opportunities driven by that looming threat right now, and these three tech stocks look poised to gain momentum as Q-Day approaches.

Image source: Getty Images

1. IBM Quantum computing isn't all bad. When it's developed far enough, it will be able to handle complex computational problems that are beyond the capacity of even the most powerful classical supercomputers. IBM (IBM 5.05%) aims to prepare businesses for Q-Day while also working to enable the good parts of quantum computing. Last year, the company said it would invest $150 billion into mainframe and quantum computers over the next five years, and it recently committed another $10 billion to its efforts to advance the technology.

Today's Change

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All of those investments should help position IBM as a leader in quantum computing when it does go mainstream. The company has already demonstrated it can still capitalize on new technology. Its early investments in artificial intelligence helped its business break out after a "lost decade," and contributed to the stock doubling over the past five years. Overall revenue increased by 9% year over year in Q1, showing that its comeback story still has momentum.

IBM has deeply invested in quantum computing, so it makes sense that the company is also prepared for Q-Day. The company's Guardium service specializes in post-quantum cryptography, helping organizations prepare to protect sensitive data when Q-Day arrives.

2. IonQ IonQ (IONQ +3.40%) is a pure-play quantum company that builds general-purpose quantum computers and software, and leases access to its quantum computers via the cloud. Its systems are designed using trapped-ion qubit technology, and so far, it has been the most effective player in the space at increasing the accuracy of its quantum computers.

Today's Change

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1.86

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$

56.55

Investors are willing to pay a hefty premium for IonQ stock even though the company is still burning through money. Its market cap is more than $20 billion, yet it brought in only $64.7 million in revenues in Q1. Still, that revenue figure represents a 755% year-over-year increase and prompted the company to raise its full-year guidance to between $260 million and $270 million. The $265 million median of that range would give it a forward price-to-sales ratio of roughly 80.

"Securing our first 256-qubit system sale and receiving our first ion trap chip samples back from the fab this quarter marks a pivotal shift toward commercial scale," IonQ CEO Niccolo de Masi said in the Q1 press release.

Not only is IonQ poised to benefit from commercial applications of quantum computing, but it also offers specific tools to prepare businesses for Q-Day. The company's Clovis XG Quantum Key Distribution hardware portfolio can scale quantum security for its customers at lower costs. Moreover, it doesn't require those clients to overhaul their systems or dedicate optical networks for quantum security.

3. CrowdStrike CrowdStrike (CRWD +0.28%) has established itself as a top name in cybersecurity. It's already gaining momentum as organizations' cybersecurity needs increase due to the widening use of artificial intelligence. The pending arrival of Q-Day could be another growth catalyst.

Today's Change

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The company continues to roll out new features and upgrades on its Falcon platform in anticipation of the evolving cybersecurity landscape, even as it's addressing the current security gaps of many organizations. CrowdStrike also recently announced an expanded partnership with IBM to further enhance AI security systems. That partnership should come in handy as CrowdStrike prepares for Q-Day.

In the meantime, CrowdStrike's growth has been accelerating. In its fiscal 2027 first quarter, which ended April 30, it achieved 26% year-over-year revenue growth and $5.51 billion in annual recurring revenue. Companies that pay for subscriptions to its services tend to stick around since the costs of falling victim to cyberattacks can be far greater than the expenses of paying for adequate cybersecurity.
2026-06-21 22:52 1mo ago
2026-06-17 12:10 1mo ago
Western Alliance Bank's Melanie Krinsky Named 2026 Entertainment Business Visionary for Advancing Film, TV and Music Financing
WAL Western Alliance Bancorporation
FMP Stock News
Original source text
-

Recognition highlights leaders shaping entertainment finance, production funding and music industry growth

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE:WAL) today announced that Melanie Krinsky, Senior Managing Director and Head of its Entertainment & Media Group, has been named a 2026 Entertainment Business Visionary by the LA Times Studios, recognizing her role in expanding access to film, television and music financing across North America.

Since founding the Los Angeles-based group in 2021, Krinsky has led more than $2.5 billion in financing for production, post-production, distribution and music clients. The group expanded into music industry financing in 2025, reflecting growing demand for capital across the broader entertainment ecosystem.

Krinsky’s recognition reflects the growing importance of specialized financing in bringing film, television and music projects to market. Her work supports independent studios, distributors and music companies seeking flexible capital to fund production, acquisition and distribution.

“Melanie has redefined how entertainment and media businesses access capital,” said Tim Bruckner, Chief Banking Officer, Regional Banking, Western Alliance Bank. “Her work is enabling clients to move projects forward in a market that continues to grow more complex.”

Recent financing supported award-winning films including “Anora,” the Academy Award® Best Picture 2025 winner distributed in North America by Western Alliance client Neon, and “Everything Everywhere All at Once,” the Academy Award® Best Picture 2023 winner produced and distributed by Western Alliance client A24.

Over a 40-year career, Krinsky has advised clients across film, television and music while mentoring industry professionals and advocating for greater representation across the creative economy. She is a frequent speaker on entertainment and finance panels in the U.S. and internationally.

Read Krinsky’s Entertainment Business Visionary profile:
Melanie Krinsky - Entertainment Business Visionary - Los Angeles Times

View the complete list of 2026 Entertainment Visionaries:
Entertainment Industry's Business Visionaries - Los Angeles Times

About Western Alliance Bank

Western Alliance Bancorporation (NYSE: WAL) is one of the country’s top-performing banking companies and has ranked as a top U.S. bank by American Banker and Bank Director since 2016. Its primary subsidiary, Western Alliance Bank, is a leading national bank for business that puts customers first, delivering tailored business banking solutions and consumer products backed by outstanding, personalized service and specific expertise in more than 30 industries and sectors. With $90 billion in assets and offices nationwide, Western Alliance excels at helping businesses of all sizes capitalize on their opportunities to solve today and succeed tomorrow. For more information on our offerings, subsidiaries and affiliates, visit Western Alliance Bank, Member FDIC, or follow us on LinkedIn.

More News From Western Alliance Bank

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2026-06-21 22:52 1mo ago
2026-06-17 13:00 1mo ago
Western Alliance Bank's Melanie Krinsky Named 2026 Entertainment Business Visionary for Advancing Film, TV and Music Financing
WAL Western Alliance Bancorporation
FMP Stock News
Original source text
[url="]Western Alliance Bank[/url] (NYSE: WAL) today announced that Melanie Krinsky, Senior Managing Director and Head of its Entertainment and Media Group, has b
2026-06-21 22:32 1mo ago
2026-06-17 16:10 1mo ago
Kimco Realty® Invites You to Join Its Second Quarter Earnings Conference Call
KIM Kimco Realty Corporation
FMP Stock News
Original source text
June 17, 2026 16:10 ET  | Source: Kimco Realty Corporation

JERICHO, N.Y., June 17, 2026 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) will announce its second quarter 2026 earnings on Tuesday, August 4, 2026, before market open. You are invited to listen to our quarterly earnings conference call. The webcast information is as follows:

When: 8:30 AM ET, August 4, 2026

Live Webcast: 2Q26 Kimco Realty Earnings Conference Call or on Kimco Realty’s website investors.kimcorealty.com

Dial #: 1-833-461-5787 (International: +1 585-542-9983). Meeting ID: 110761621

Audio from the conference will be available on Kimco Realty’s investor relations website until November 4, 2026.

About Kimco Realty®

Kimco Realty® (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company’s portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 65 years. With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of March 31, 2026, the company owned interests in 565 U.S. shopping centers and mixed-use assets comprising 100 million square feet of gross leasable space.

The company announces material information to its investors using the company’s investor relations website (investors.kimcorealty.com), SEC filings, press releases, public conference calls, and webcasts. The company also uses social media to communicate with its investors and the public, and the information the company posts on social media may be deemed material information. Therefore, the company encourages investors, the media, and others interested in the company to review the information that it posts on the social media channels, including Facebook (www.facebook.com/kimcorealty), and LinkedIn (www.linkedin.com/company/kimco-realty-corporation). The list of social media channels that the company uses may be updated on its investor relations website from time to time.

CONTACT:
David F. Bujnicki
Senior Vice President, Investor Relations and Strategy
Kimco Realty Corporation
(833) 800-4343
[email protected]
2026-06-21 22:32 1mo ago
2026-06-17 08:00 1mo ago
Fifth Third Launches AI-Powered Interface in Mobile App
FITB Fifth Third Bancorp
FMP Stock News
Original source text
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New capability continues progress toward AI agentic banking

CINCINNATI--(BUSINESS WIRE)--Fifth Third (NYSE: FITB) today announced the launch of an AI‑powered experience within its award‑winning mobile app, making it easier for customers to find what they need and complete everyday financial tasks with fewer steps.

The new capability helps customers navigate Fifth Third’s mobile app more intuitively. Rather than scrolling through menus, customers can simply type what they need—such as “replace card,” “find ATM,” “transfer funds,” or “closest branch”—and be guided directly to the most relevant experience, whether that is a simple mobile screen for task completion, an AI-powered chatbot, or live support from a Fifth Third representative.

Powered by advanced language understanding models and trained on hundreds of millions of customer interactions, Fifth Third’s intelligent experience improves over time, enabling more precise, relevant results and helping customers get more value from the app’s growing set of features.

“AI is a powerful tool, but in banking it has to be applied with discipline because customers rightly expect speed, accuracy and reliability every time,” said Ben Hoffman, chief strategy officer and head of consumer products at Fifth Third. “This is the first step toward changing the interface of banking itself — from static screens and taps to customers using their own words, supported by dynamic visual experiences, to get things done. By integrating this capability with Jeanie®, our industry-leading chatbot, we are creating a foundation for future agentic experiences where customers can ask the bank to take action, and the bank can complete that action safely, securely and reliably.”

An Enhanced Mobile Experience

Fifth Third’s mobile app already enables customers to manage finances, move money, access insights, and connect with the bank seamlessly. The AI‑powered interface builds on that foundation by making the app’s growing set of capabilities easier to find and use.

Beyond initial launch, the Bank will use customer engagement insights to refine the experience and prioritize development of future AI powered agentic capabilities spanning account opening, routine service, fraud and disputes, and financial advice. Each interaction deepens the bank's understanding of customer needs and intent, creating the foundation for experiences that can anticipate and act on behalf of customers.

Built on Award‑Winning Platforms

Fifth Third has long pioneered products and services that help customers stay in control of their finances, combining the innovation of a digital first bank with the trust, stability, and community commitment of a 168‑year‑old institution. Today’s launch brings together two innovative digital platforms:

Fifth Third Mobile Banking – Fifth Third’s award-winning mobile app serves more than 2.4 million monthly users and supports more than 1 billion digital interactions each year. Designed for continuous improvement, the mobile app platform enables rapid enhancements that deliver the simplest, strongest customer experience. In 2025, Fifth Third introduced more than 400 enhancements to the app. Jeanie® – Fifth Third’s AI powered chatbot is designed to answer questions and to listen and learn from customer interactions. Insights from millions of Jeanie interactions have helped Fifth Third refine how customers engage digitally, with her Natural Language Understanding (NLU) model now recognizing customer intent 90% of the time. The new interface has begun rolling out to customers and will be fully available by the end of the month. Learn more at 53.com/mobile.

About Fifth Third

Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Following the completion of its merger with Comerica in February 2026, Fifth Third is the ninth-largest bank in the United States, with approximately $294 billion in assets and operations spanning 15 states. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is to be the one bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the New York Stock Exchange under the symbol "FITB." Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

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2026-06-21 22:32 1mo ago
2026-06-17 12:47 1mo ago
Fifth Third Bancorp (FITB) Could Be a Great Choice
FITB Fifth Third Bancorp
FMP Stock News
Original source text
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Based in Cincinnati, Fifth Third Bancorp (FITB - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 14.16%. Currently paying a dividend of $0.40 per share, the company has a dividend yield of 2.99%. In comparison, the Banks - Major Regional industry's yield is 2.7%, while the S&P 500's yield is 1.4%.

Looking at dividend growth, the company's current annualized dividend of $1.60 is up 3.9% from last year. Over the last 5 years, Fifth Third Bancorp has increased its dividend 4 times on a year-over-year basis for an average annual increase of 7.84%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Fifth Third Bancorp's current payout ratio is 43%, meaning it paid out 43% of its trailing 12-month EPS as dividend.

FITB is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $4.10 per share, representing a year-over-year earnings growth rate of 12.95%.

Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. But, not every company offers a quarterly payout.

Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, FITB is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
2026-06-21 22:32 1mo ago
2026-06-17 06:45 1mo ago
Fair Isaac: This Compounder Is On Sale
FICO Fair Isaac Corporation
FMP Stock News
Original source text
Fair Isaac Corporation (FICO) is initiated at Buy, with concerns over VantageScore competition and pricing seen as overblown. FICO's dominant market position, robust margins, and entrenched relationships make large-scale lender migration to VantageScore unlikely. Recent price cuts on FICO's 10T product neutralize VantageScore's pricing advantage, reinforcing the duopoly and supporting margin resilience.
2026-06-21 22:32 1mo ago
2026-06-17 10:50 1mo ago
Here's Why EnerSys (ENS) is a Strong Momentum Stock
ENS Enersys
FMP Stock News
Original source text
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

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

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

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

#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

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

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

Stock to Watch: EnerSys (ENS - Free Report) Headquartered in Pennsylvania, EnerSys engages in manufacturing, marketing and distribution of various industrial batteries. Additionally, the company develops battery chargers and accessories, power equipment and outdoor cabinet enclosures. This apart, it provides support services for clients.

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

Momentum investors should take note of this Industrial Products stock. ENS has a Momentum Style Score of A, and shares are up 4.3% over the past four weeks.

For fiscal 2027, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.09 to $12.10 per share. ENS boasts an average earnings surprise of +4.4%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, ENS should be on investors' short list.
2026-06-21 22:32 1mo ago
2026-06-19 12:31 1mo ago
Why Is EnerSys (ENS) Down 4.6% Since Last Earnings Report?
ENS Enersys
FMP Stock News
Original source text
A month has gone by since the last earnings report for EnerSys (ENS - Free Report) . Shares have lost about 4.6% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is EnerSys due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Enersys before we dive into how investors and analysts have reacted as of late.

EnerSys' Q4 Earnings & Sales Beat Estimates, Increase Y/YEnerSys reported fourth-quarter fiscal 2026 (ended March 31, 2026) adjusted earnings of $3.19 per share, which surpassed the Zacks Consensus Estimate of $3.00. The bottom line increased 7% year over year.

EnerSys’ net sales of $988 million beat the consensus estimate of $973 million. The top line increased 1% year over year. The top-line results were driven by a favorable impact of 4% from pricing and the positive impact of 3% from foreign currency translation, partially offset by a 6% decline in organic volume.

Segmental DiscussionThe Energy Systems segment’s sales (accounting for 43.1% of total sales) were $425.7 million, up 7% year over year. The Zacks Consensus Estimate for segmental net sales was $411 million. Net sales increased due to strength in data centers and U.S. Communications market. While volume was flat, price/mix and foreign currency translation had positive impacts of about 4% and 3%, respectively, on sales.

The Motive Power segment generated net sales of $370.1 million (accounting for 37.5% of total sales), down 5.7% year over year. The consensus estimate for segmental net sales was $381 million. Volume declined 10% in the quarter. While foreign currency translation had a favorable impact of 3% on sales, price/mix had 1% positive impact on sales. Lower sales were attributable to tepid demand in the Americas region and softness in the EMEA automotive market.

The Specialty segment’s sales were $192.2 million (accounting for 19.5% of total sales), up 8.1% year over year. The consensus estimate was $180 million. Results were impacted by softness in markets. While volume decreased 6%, price/mix and acquisitions had 11% and 2% positive impact on sales, respectively. Foreign currency translation positively impacted sales by 1%.

Margin ProfileEnerSys' gross profit decreased 4.2% year over year to $290.9 million while the gross margin was down 180 basis points (bps) to 29.4%.

Operating expenses were down 8.9% year over year to $148.3 million. Operating earnings decreased 5.8% to $123.7 million. The operating margin decreased 100 bps year over year to 12.5%.

Balance Sheet and Cash FlowAt the end of fiscal 2026, EnerSys had cash and cash equivalents of $438.7 million compared with $343.1 million at the end of fiscal 2025. Long-term debt (net of unamortized debt issuance costs) was $1.08 billion, relatively stable compared with fiscal 2025-end.

EnerSys generated net cash of $547.6 million from operating activities in fiscal 2026 compared with $260.3 million in the year-ago period. Capital expenditure totaled $80.1 million compared with $121 million in the previous fiscal year.

In fiscal 2026, EnerSys rewarded its shareholders with a dividend payout of approximately $38.1 million, up 1.6% year over year.

GuidanceFor first-quarter fiscal 2027 (ending June 2026), EnerSys expects adjusted earnings to be in the range of $2.70–$2.90 per share. Net sales are expected to be in the band of $915–$955 million.

For fiscal 2027, the company expects capital expenditures of approximately $70 million.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in fresh estimates.

VGM ScoresAt this time, EnerSys has a nice Growth Score of B, however its Momentum Score is doing a bit better with an A. However, the stock was allocated a score of C on the value side, putting it in the middle 20% for value investors.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, EnerSys has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
2026-06-21 22:12 1mo ago
2026-06-17 10:02 1mo ago
Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock
ET Energy Transfer Equity
FMP Stock News
Original source text
Energy Transfer LP (ET - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this energy-related services provider have returned -7.3%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Oil and Gas - Production Pipeline - MLB industry, which Energy Transfer LP falls in, has lost 6.6%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.

For the current quarter, Energy Transfer LP is expected to post earnings of $0.38 per share, indicating a change of +18.8% from the year-ago quarter. The Zacks Consensus Estimate has changed +7.3% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $1.43 points to a change of +18.2% from the prior year. Over the last 30 days, this estimate has changed +3.9%.

For the next fiscal year, the consensus earnings estimate of $1.52 indicates a change of +6.9% from what Energy Transfer LP is expected to report a year ago. Over the past month, the estimate has changed +4.4%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Energy Transfer LP.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

For Energy Transfer LP, the consensus sales estimate for the current quarter of $30.75 billion indicates a year-over-year change of +59.8%. For the current and next fiscal years, $121.19 billion and $126.38 billion estimates indicate +41.7% and +4.3% changes, respectively.

Last Reported Results and Surprise HistoryEnergy Transfer LP reported revenues of $27.77 billion in the last reported quarter, representing a year-over-year change of +32.1%. EPS of $0.35 for the same period compares with $0.36 a year ago.

Compared to the Zacks Consensus Estimate of $29.28 billion, the reported revenues represent a surprise of -5.17%. The EPS surprise was -7.89%.

Over the last four quarters, Energy Transfer LP surpassed consensus EPS estimates times. The company topped consensus revenue estimates times over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Energy Transfer LP is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Energy Transfer LP. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
2026-06-21 22:12 1mo ago
2026-06-17 17:05 1mo ago
Want $1,000 in Annual Passive Income? Invest $14,000 in This High-Yielding Energy Stock Right Now.
ET Energy Transfer Equity
FMP Stock News
Original source text
There are many forms of passive income, but the main one for stock investors is dividends. It's a way for investors to be rewarded simply for holding a stock. The amount that stocks pay out varies widely, but if you're looking for a high-yield option, it's worth considering Energy Transfer (ET +0.00%).

At the time of writing, Energy Transfer's distribution yield is 7.1%, with an average of 7.4% over the past five years. Yields fluctuate as stock prices change, but if you invested $14,000 in Energy Transfer and it averaged a yield of just over 7.14%, it would pay out $1,000 annually. If it continued its five-year average, you would only need to invest around $13,514.

Image source: The Motley Fool.

The company operates in the midstream sector of the energy industry, helping transport crude oil, gas, and natural gas liquids. It currently has over 140,000 miles of energy infrastructure and pipelines, one of the largest networks in the country.

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This won't be a high-flying growth stock in most cases, but its dividend is among the more attractive on the market. It makes money by charging fees (based on volume) to energy production companies that need to use its infrastructure to move product.

It's not structured like a typical company; it's a limited partnership (LP), meaning it passes profits and losses on to investors, which is how it has maintained its high dividend payout. You'll need to handle an extra tax step when dealing with an LP -- like filing a schedule K-1 form -- but Energy Transfer can be a good income addition to your portfolio.

Stefon Walters 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.
2026-06-21 22:12 1mo ago
2026-06-18 08:00 1mo ago
Energy Transfer Announces Fully Subscribed Export Expansion Project at Nederland Facility
ET Energy Transfer Equity
FMP Stock News
Original source text
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DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced an expansion of the Nederland NGL Export Terminal to meet additional customer demand. The project will increase ethane export capacity at Nederland by 240,000 barrels per day (bpd), along with 55,000 bpd of additional LPG capacity. One hundred percent of the ethane export capacity has been committed in long-term agreements running into the 2040’s.

Since Energy Transfer began exporting ethane out of Nederland in 2021, the company has exported over 430 million barrels. This project demonstrates that the continued growth in global NGL demand supports expansion of Energy Transfer’s Nederland assets, which partnered with the company’s wellhead-to-water system platform, creates a best-in-class franchise to provide North American energy to the rest of the world.

As part of these transactions, Energy Transfer will also expand its Mont Belvieu to Nederland NGL export pipeline capacity to service the increased refrigeration capacity and construct two additional NGL ship docks. The company expects its previously announced expansion of the Nederland refrigerated propane and butane storage tanks to 1.2 million barrels and 0.8 million barrels, respectively, to be available in the first half of 2027. These assets, along with Energy Transfer’s existing 1.3 million barrel refrigerated ethane tank, provide the largest refrigerated storage capacity for each of these products of any export complex on the U.S. Gulf Coast.

The expansion project is expected to be placed into service in stages beginning in 2028. Following the anticipated completion of the additional docks in mid-2029, the refrigerated NGL export capacity at Nederland will be greater than 1.25 million bpd. Combined with the Marcus Hook NGL Export Facility capacity of 420,000 bpd (post-expansion mid-2027), Energy Transfer’s total NGL refrigerated export capacity will be approximately 1.7 million bpd.

Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with approximately 140,000 miles of pipeline and associated energy infrastructure. Energy Transfer’s strategic network spans 44 states with assets in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (“NGL”) and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns the general partner interests, the incentive distribution rights and approximately 28 million common units (representing 15% of the aggregate outstanding common units and Class D units) of Sunoco LP (NYSE: SUN), the managing member interests in SunocoCorp LLC (NYSE: SUNC), and the general partner interests and approximately 46 million common units (representing 32% of the outstanding common units) of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at www.energytransfer.com.

Forward Looking Statements

This news release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results, including costs and other circumstances that may impact capital projects, are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.

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2026-06-21 22:12 1mo ago
2026-06-18 16:52 1mo ago
KBRA Assigns Preliminary Ratings to GoTo Foods Funding LLC and Jamba Juice Funding LLC, Series 2026-1
WBS Webster Financial Corporation
FMP Stock News
Original source text
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NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to GoTo Foods Funding LLC and Jamba Juice Funding LLC, Series 2026-1 (GoTo Foods 2026-1) Class A-1 VFN and Class A-2 Notes, a whole business securitization (WBS). The rating actions follow KBRA’s analysis which indicates that existing credit enhancement for the notes and cash flows are sufficient to support the ratings following the issuance of the Series 2026- 1.

In conjunction with the issuance of the Series 2026-1 Notes, the Series 2017-1 Class A-2-II, Series 2022-1 Class A-1 and Series 2023-1 Class A-1 Notes are expected to be repaid, at which time, KBRA expects to withdraw the ratings. KBRA also anticipates affirming the ratings on the Co-Issuer’s outstanding Series 2022-1 A-2, Series 2023-2 Class A-2, and Series 2024-1 A-2 Notes.

GoTo Foods is a multi-brand restaurant platform consisting of seven brands: Auntie Anne’s, Carvel, Cinnabon, Jamba, McAlister’s Deli, Moe’s Southwest Grill and Schlotzsky’s, with offerings diversified across snacks, baked goods, frozen desserts, smoothies, deli and Mexican-inspired concepts. The securitized system includes approximately 7,200 locations across all 50 U.S. states and 71 countries and territories. As of the last twelve months (LTM) ended March 29, 2026, the system was approximately 98% franchised by unit count and generated approximately $4.1 billion in system-wide sales (SWS).

To access ratings and relevant documents, click here.

Click here to view the report.

Methodologies

ABS: Whole Business Securitization (WBS) ABS Global Rating Methodology Structured Finance: Global Structured Finance Counterparty Methodology Disclosures

Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above.

A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here.

Information on the meaning of each rating category can be located here.

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.

About KBRA

Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan’s Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S.

Doc ID: 1015650

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2026-06-21 22:12 1mo ago
2026-06-17 09:14 1mo ago
PAYO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Payoneer Global to Nuvei
PAYO Payoneer Global
FMP Stock News
Original source text
MONSEY, New York, June 17, 2026 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Payoneer Global, Inc. (Nasdaq: PAYO) (“PAYO”) for $7.40 per share in cash to Nuvei.

The sale price appears to undervalue Payoneer based on potential upcoming catalysts, including:

expansion of Payoneer’s operations in India after receiving authorization in January 2026 from the Reserve Bank of India to operate as a Payment Aggregator;a US national trust bank charter application filed by Payoneer in February 2026; andplans announced in February 2026 to launch a suite of stablecoin capabilities powered by Bridge, a leading stablecoin infrastructure platform owned by Stripe.
If you remain a PAYO shareholder and have concerns about the fairness of the sale price given your views regarding PAYO’s long-term prospects, you may contact our firm at the following link to discuss your legal rights at no charge:

https://wohlfruchter.com/cases/payoneer-global/

Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected].

“We are investigating whether the PAYO board of directors acted in the best interests of PAYO shareholders in recommending the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the sale price is fair to PAYO shareholders, and whether all material information regarding the transaction has been fully disclosed, including all conflicts. We encourage PAYO stockholders to contact us if they have any concerns.”

About Wohl & Fruchter

Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
[email protected]
www.wohlfruchter.com
2026-06-21 21:52 1mo ago
2026-06-17 08:30 1mo ago
Everest and Stone Point Announce the Launch of Casualty Sidecar Annapurna Re Ltd; Stone Point Serves as Anchor Investor in Multi-Year Vehicle
EG Everest Group
FMP Stock News
Original source text
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HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (“Everest” or “the Company”) (NYSE: EG), a global specialty (re)insurance leader, today announced that it has partnered with Stone Point Insurance Solutions to launch Annapurna Re Ltd. (“Annapurna”), a Bermuda-based casualty reinsurance sidecar. Funds managed by Stone Point will serve as the inaugural, anchor investors in this multi-year vehicle.

As part of the transaction, Annapurna is expected to deploy approximately $600 million of third-party capital, providing dedicated reinsurance capacity to support Everest’s global casualty and specialty reinsurance portfolios over a three-year underwriting period.

“Annapurna sharpens our edge in casualty reinsurance and supports our long-term strategy through underwriting excellence and disciplined capital management,” said Jim Williamson, President and Chief Executive Officer of Everest. “Through our partnership with Stone Point, we are bringing additional high-quality capital to our platform in a scalable structure, enabling us to grow efficiently while enhancing our capital flexibility and positioning us to pursue the most attractive opportunities.”

"Annapurna Re represents the latest example of Stone Point's long history of investing in the insurance and reinsurance industry," said Jim Carey, Co-CEO of Stone Point. "Over many years, we have built a substantial asset management business serving the industry's capital needs. By combining the complementary capabilities of Everest and Stone Point, with support from strategic investor Mubadala, we believe Annapurna Re is well positioned to create value and deliver attractive outcomes for all stakeholders."

Annapurna builds on Everest’s established third-party capital capabilities, including its Mt. Logan platform. The vehicle combines Everest’s underwriting expertise with Stone Point’s experience in insurance-focused investment strategies. Stone Point Credit will serve as the exclusive investment manager.

This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other U.S. federal securities laws. Everest intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. federal securities laws. Forward-looking statements reflect management’s current expectations based on assumptions we believe are reasonable but are not guarantees of performance. Actual results may differ materially from those contained in forward-looking statements made on behalf of the Company.

About Everest

Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.

Everest common stock (NYSE: EG) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website at www.everestglobal.com.

About Stone Point

Stone Point is a leading investment firm with more than $80 billion in assets under management across private equity, credit and insurance solutions. Drawing on more than three decades of experience and sector specialization, the firm focuses on the financial services industry and related sectors. Stone Point invests in and partners with talented management teams primarily based in North America and Western Europe. In addition, our capital markets team supports the firm, portfolio companies and other clients by providing custom financing solutions. Stone Point is headquartered in Greenwich, Connecticut, with offices in New York and Palm Beach. For more information, please visit www.stonepoint.com.

More News From Everest Group, Ltd.

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2026-06-21 21:52 1mo ago
2026-06-17 15:16 1mo ago
Magnit Global™ Recognized as a Global Leader in Everest Group's 2026 VMS PEAK Matrix® Assessment
EG Everest Group
FMP Stock News
Original source text
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Magnit achieved Leader status in Everest Group’s global, North America, and EMEA assessments and Star Performer status in EMEA

FOLSOM, Calif.--(BUSINESS WIRE)--Magnit Global™, the global leader in contingent workforce management solutions, today announced its designation as a Leader in the 2026 Vendor Management System (VMS) PEAK Matrix® Assessment released by Everest Group. Magnit achieved Leader distinction in all regions measured: global, North America, and EMEA. In addition, Magnit was recognized as a Star Performer in EMEA for its year-over-year regional growth and positive client feedback.

Everest Group’s PEAK Matrix® assessment analyzes the VMS landscape and performance of nearly 50 service providers. It offers comparative evaluations of providers, locations, and products and solutions within various market segments. It provides unbiased evaluation of factors such as vision, capabilities/functionality, talent availability, market success/impact, and cost.

The report divides VMS providers into three main categories: Leaders, Major Contenders, and Aspirants.

“Magnit Global advanced its platform capabilities through AI-led innovation, deeper ecosystem integrations, and expanded multi-channel orchestration to manage contingent programs at scale,” says Krishna Charan, Vice President at Everest Group. “Its investments in Maggi, spanning candidate, workflow, knowledge, and reporting agents, along with enhanced services procurement functionality, SourceMatch, and Pay Intelligence, reinforce its position as a Leader in Everest Group’s 2026 Global Vendor Management System (VMS) PEAK Matrix® Assessment.”

Magnit earned Leader distinction for its ability to provide end-to-end contingent workforce management through a robust global footprint that serves diverse industries. The assessment highlighted several of Magnit’s strengths including:

Embedded Generative AI: Key functionalities provided by Maggi, Magnit’s GenAI agent, improve decision-making, automate workflows, and deliver predictive workforce insights. SOW and Services Procurement: AI-assisted SOW creation and enhanced collaboration and flexibility ease the SOW process. Direct Sourcing: Supporting client-specific talent pools and Magnit’s talent redeployment marketplace enable better access to talent. Data and Analytics: Magnit VMS users gain better insights from real-time dashboards, predictive analytics, and supplier scorecards. “Magnit Global is proud to be recognized as a global and regional Leader for our Vendor Management System. This acknowledgement reflects our investment in providing AI-enabled, data-driven solutions that help our clients unlock smarter, faster, more cost-effective ways to manage their contingent workforce and drive business growth.”
– Chandra Dhandapani, Magnit Global CEO

Read more about Everest Group’s 2026 PEAK Matrix® Assessment of Magnit VMS here.

About Magnit Global

Magnit is a leading provider of contingent workforce management solutions, helping enterprises source, manage, and optimize their extended workforces at scale. Through its proprietary VMS, managed services, and supplier intelligence platforms, Magnit delivers the visibility, compliance, and cost control that modern workforce programs demand. For more information, visit magnitglobal.com.

About Everest Group’s PEAK Matrix® Reports

Licensed extracts taken from Everest Group’s PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.

More News From Magnit Global

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2026-06-21 21:52 1mo ago
2026-06-17 14:35 1mo ago
Oil Prices Slide on US-Iran Deal: 3 Energy Stocks Worth Watching
EOG EOG Resources
FMP Stock News
Original source text
Key Takeaways A U.S.-Iran preliminary deal may reopen the Strait of Hormuz and ease disrupted oil and gas flows.Oil prices fell sharply after deal news, with WTI crude futures dropping roughly 5% to $76.05.XOM, COP and EOG rely on low-cost, diversified assets to support profitability amid volatility. The United States and Iran have announced a preliminary deal to end the conflict in the Middle East, and a memorandum of understanding is set to be signed on Friday in Switzerland. The signing of the memorandum is expected to reopen the Strait of Hormuz, allowing vessels to pass and ending the U.S. naval blockade of Iranian ports, removing a major bottleneck that had disrupted global oil and gas flows. The Strait of Hormuz is a critical chokepoint that accounts for nearly one-fifth of the world’s total oil flows.

Strait of Hormuz Set to Reopen: What It Means for Oil MarketsFollowing news of the preliminary deal, oil prices have dropped sharply from the $100 per barrel highs reached in the previous month. According to the data from Yahoo Finance, the West Texas Intermediate (“WTI”) crude futures (July 26) dropped roughly 5% to close at $76.05 per barrel on June 16. The drop in oil prices reflects the easing of the conflict and a step toward normalizing energy flows through the Strait of Hormuz.

While the conflict between the United States and Iran is expected to end soon, the energy market crisis may not entirely subside as quickly. The conflict damaged several energy facilities across the Middle East, including refineries and LNG production plants. As a result, Gulf oil and gas production is expected to recover slowly over time. As such, oil prices currently remain well above pre-war levels, and that premium is likely to persist.

Which E&P Stocks Can Weather Oil Price Volatility?Amid this backdrop, will exploration and production players, including Exxon Mobil Corporation (XOM - Free Report) , ConocoPhillips (COP - Free Report) and EOG Resources (EOG - Free Report) , remain profitable? Let us understand.

ExxonMobil continues to strengthen its production basethrough its most advantaged assets in Guyana and the Permian Basin. In the Permian Basin, the company intends to raise its full-year production from the prolific basin to 1.8 million oil equivalent barrels through the remainder of 2026. In Guyana, the company is advancing several projects at the Stabroek Block, including Uaru, Whiptail and Hammerhead. This is expected to further increase its production levels in Guyana.

ExxonMobil’s advantaged upstream assets are characterized by a lower emissions profile and low cost of production. This is expected to keep its upstream business profitable amid volatility in the commodity pricing scenario.

ConocoPhillips has a diversified asset base spanning 14 countries worldwide. Notably, the energy firm’s assets in the U.S. Lower 48 are spread across major shale basins, including the Delaware Basin, Midland Basin, Eagle Ford and Bakken shale. These assets offer deep, durable and capital-efficient drilling inventory and contributed to the majority of its consolidated liquids production.  COP’s overall production also includes oil-sands assets in Canada and conventional assets in Asia, Europe and the Middle East, which support low-cost operations. The company’s high-quality, low-cost portfolio of assets makes it resilient to volatility in oil prices and enables it to generate strong cash flows.

EOG Resources boasts a diversified production profile aided by a multi-basin portfolio of oil, natural gas liquids (NGLs) and natural gas assets. The company's core producing regions include the Delaware Basin, Eagle Ford, Utica, Dorado gas play, Powder River Basin and Williston Basin, providing significant operational flexibility and commodity diversification. Management has highlighted that the Encino acquisition increased oil production by approximately 10%, while the company's long-term production growth has added nearly 100,000 barrels per day (bpd) of oil, more than 140,000 Bpd of NGLs and almost 1.6 billion cubic feet per day of natural gas since early 2022. EOG has a balanced production mix, which should enable the company to generate steady returns across commodity cycles and support strong free cash flow generation.

XOM, COP and EOG each carry a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-21 21:52 1mo ago
2026-06-18 02:00 1mo ago
Eco (Atlantic) Oil and Gas Ltd. Announces 2026 Operational and Business Update
EOG EOG Resources
FMP Stock News
Original source text
TORONTO, ON / ACCESS Newswire / June 18, 2026 / Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSXV:EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce a mid-year update on the progress of its various workstreams across its portfolio in Namibia, Guyana, the Falkland Islands, and South Africa.
2026-06-21 21:32 1mo ago
2026-06-17 16:30 1mo ago
TriNet Announces Quarterly Dividend
TNET TriNet Group
FMP Stock News
Original source text
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced its Board of Directors approved a dividend of $0.29 per share of the Company's common stock with a record date and ex-dividend date of July 1, 2026 and a payout date of July 27, 2026.

About TriNet
TriNet provides comprehensive HR solutions, technology, expertise, and access to world-class benefits that enable small and medium-sized businesses to attract and develop top-tier talent. Rooted in more than 30 years of supporting entrepreneurs and adapting to the ever-changing modern workplace, TriNet empowers SMBs to focus on what matters most—growing their business and enabling their people. For more information, visit TriNet.com or follow us on Facebook, LinkedIn and Instagram.

Investors:

Media:

Alex Bauer

Renee Brotherton/Josh Gross

TriNet

TriNet

[email protected]

[email protected]

[email protected]

SOURCE TriNet Group, Inc.

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2026-06-21 21:32 1mo ago
2026-06-17 07:29 1mo ago
Prediction market bets Fable 5 stays dark, with restoration barely a coin toss by July
ALK Alaska Air Group
FMP Stock News
Original source text
Traders on Polymarket, the cryptocurrency-based prediction market, are betting that Anthropic's suspended Claude Fable 5 model will stay offline for US customers well into the summer.

The standout figure is not the headline number but how far traders have pushed their expectations out.

The market gives just a 6% chance that access is restored today, and even by 1 July, almost three weeks after the ban, the implied probability sits at only 59%.

That leaves a 41% chance the model remains unavailable into July, hardly the picture of a quick resolution.

The near-term contracts have collapsed in recent trading.

The odds of restoration by 19 June fell 23%, while bets on 26 June dropped 31%, with money instead flowing into later dates.

Only the 1 July contract rose, up 13%, confirming that traders see the standoff dragging on rather than ending imminently.

The market has turned over $541,776 in volume.

The bets follow an abrupt intervention by Washington.

On 12 June, the US government issued an export control directive ordering Anthropic to suspend access to Fable 5 and its more powerful sibling, Mythos 5, for all foreign nationals, citing national security.

To comply, Anthropic disabled both models for every customer worldwide, though its other models, including Opus 4.8, were unaffected.

The government's concern centres on a claimed method of bypassing, or jailbreaking, Fable 5's safety controls to surface software vulnerabilities.

Anthropic has complied with the order but publicly disagreed, arguing the technique is narrow, already known, and present in rival models.

The company says it is working to restore access as quickly as possible, but has set no timeline.

That uncertainty is precisely what the prediction market is pricing.

With no firm return date and a legal dispute that could run for weeks, traders appear unwilling to bet on a swift climbdown by either side.

The episode has also landed at an awkward moment, coming shortly after Anthropic confidentially filed for a stock market listing.

Regulatory risk has now become part of the company's flotation story, sharpening the stakes around how and when the dispute is resolved.
2026-06-21 21:32 1mo ago
2026-06-17 09:00 1mo ago
Alaska Airlines promotes CFO Shane Tackett to President
ALK Alaska Air Group
FMP Stock News
Original source text
With more than 25 years at Alaska across finance, strategy, commercial and labor relations, Tackett brings deep operating knowledge and financial discipline to an expanded leadership role across the company's operations and brands The promotion strengthens Alaska's leadership team as the airline advances its Alaska Accelerate plan and grows as a global carrier , /PRNewswire/ -- Alaska Airlines today announced the election of Shane Tackett to President and Chief Financial Officer of Alaska Airlines, expanding his leadership role as the company continues to execute its long-term strategy for profitable growth and deliver on the combined airline's vision of connecting guests to the world through a remarkable travel experience rooted in safety, care and performance.

Ben Minicucci and Shane Tackett In this role, Tackett will continue leading the organization's finance, fleet management, investor relations, supply chain, internal audit and information technology functions, while also adding the commercial organization, led by Chief Commercial Officer Andrew Harrison, to his portfolio of responsibilities. His promotion builds on a career spanning more than 25 years at Alaska, where he has held leadership roles across financial planning, labor relations, revenue management, e-commerce and strategy, and reflects CEO Ben Minicucci's continued efforts to lead and develop a world-class management team highly capable of building on the success of Alaska Air Group, while deftly managing historic headwinds for our industry.

"Shane's promotion to president of Alaska Airlines marks an important step as we continue investing in leadership capacity to execute our global ambitions and integrate Hawaiian Airlines," said Minicucci, CEO and President of Alaska Air Group and CEO of Alaska Airlines. "I'm proud of the leadership team we've built, and I'm energized by the work ahead."

"Shane's deep history with our company, industry expertise and financial leadership have helped Alaska navigate complexity, invest for growth and stay focused on long-term value creation. Bringing commercial and finance leadership together under Shane will strengthen alignment and accelerate our priorities as we continue advancing our strategy and creating long-term value for our stakeholders," added Minicucci.

Since becoming Chief Financial Officer in 2020, Tackett has helped guide Alaska through a period of significant change for the industry while strengthening the company's balance sheet and helping shape major strategic decisions, including the acquisition and integration of Hawaiian Airlines. He also has been a key leader behind Alaska Accelerate, the company's plan to drive value across cycles and position Alaska for sustained earnings growth.

"I started at Alaska more than 25 years ago, and over that time we've built a stronger, more resilient airline with a clear strategy for the future," said Tackett. "As President and Chief Financial Officer, I'm excited to help lead even more of this organization as we continue executing Alaska Accelerate, growing our global relevance and delivering for our guests, employees and owners."

Tackett's new role is effective June 29, 2026. He will report to Minicucci and continue to serve on the company's Executive Committee. Shane's election to President of Alaska Airlines follows the leadership announcements made last September of Diana Birkett Rakow as CEO of Hawaiian Airlines, Andy Schneider as CEO and President of Horizon Air and Jason Berry as Chief Operating Officer. Other recent announcements include the promotion of Kyle Levine to EVP, Corporate & Public Affairs, Chief Legal Officer and Corporate Secretary as well as the appointment of Lindsay-Rae McIntrye as Chief People Officer.

About Alaska, Hawaiian and Horizon
Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, and McGee Air Services is a subsidiary of Alaska Airlines. We are a global airline with hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco. We deliver remarkable care as we fly our guests to more than 140 destinations throughout North America, Latin America, Asia, the Pacific and Europe. Guests can book travel at alaskaair.com and hawaiianairlines.com. Alaska and Hawaiian are members of the oneworld alliance. Members of our Atmos Rewards loyalty program can earn and redeem points with oneworld airlines and our additional global partners that serve over 1,000 worldwide destinations. Learn more about what's happening at Alaska and Hawaiian at news.alaskaair.com. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as "ALK."

SOURCE Alaska Airlines
2026-06-21 21:32 1mo ago
2026-06-17 12:11 1mo ago
ALK Expands West Coast Operations With New PDX Maintenance Facility
ALK Alaska Air Group
FMP Stock News
Original source text
Key Takeaways ALK broke ground on a $135M Portland hangar to support Alaska and Hawaiian Airlines fleets. ALK's new facility can service up to three narrowbody or two widebody aircraft at once. Alaska Airlines expects the project to add 100 skilled jobs and support sustainability goals. Alaska Air Group (ALK - Free Report) is strengthening its maintenance infrastructure and operational capabilities through the construction of a new maintenance hangar at Portland International Airport. The company is investing more than $135 million in the facility, which will add approximately 125,000 square feet of indoor aircraft maintenance space and 60,000 square feet dedicated to offices, workshops and support functions. The project is expected to be completed in the second quarter of 2028 and will support both Alaska Airlines and Hawaiian Airlines fleets.

The new hangar should enhance ALK's operational efficiency by enabling maintenance crews to service up to three narrowbody aircraft or two widebody aircraft simultaneously. This added capacity is expected to accelerate aircraft turnaround times, improve fleet availability and reduce pressure on existing maintenance facilities in Seattle and other hubs. The ability to accommodate widebody aircraft, including Boeing 787-9s, also provides greater flexibility as the company integrates Hawaiian Airlines and optimizes its combined network.

The investment underscores Alaska's long-term commitment to Portland, one of its most important West Coast hubs. The airline currently operates more than 130 daily departures from the city and expects to offer 50% more seats in Portland this fall than two years ago. Recent investments, including an expanded airport lobby presence and a new Alaska Lounge, reflect the carrier's efforts to strengthen its competitive position and meet growing passenger demand in the Pacific Northwest.

Beyond operational benefits, the project is expected to generate more than 100 highly skilled jobs for maintenance technicians, engineers and service professionals, contributing to local economic growth. The planned LEED-certified facility, featuring EV charging stations, water-conservation measures and sustainable building materials, also aligns with the company's sustainability objectives. Overall, the project should strengthen ALK's maintenance network, support future growth opportunities and improve the resilience of its expanding airline operations.

ALK’s Share Price PerformanceALK’s shares have gained 29.7% in the past three months compared with the Transportation - Airline industry’s 18.2% growth.

Image Source: Zacks Investment Research

ALK’s Zacks RankALK currently carries a Zacks Rank #3 (Hold).

Stocks to ConsiderInvestors interested in the Zacks Transportation sector may consider Expeditors International of Washington, Inc. (EXPD - Free Report) and Teekay Tankers Ltd (TNK - Free Report) . 

EXPDcurrently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Expeditors has an expected earnings growth rate of 11.9% for 2026.  The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 13.96%.

Teekay Tankers Ltd currently sports a Zacks Rank #1.

TNK has an expected earnings growth rate of 98% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 10.2%.
2026-06-21 21:32 1mo ago
2026-06-17 19:01 1mo ago
Alaska Air Group (ALK) Suffers a Larger Drop Than the General Market: Key Insights
ALK Alaska Air Group
FMP Stock News
Original source text
Alaska Air Group (ALK - Free Report) ended the recent trading session at $48.27, demonstrating a -1.71% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 1.22%. On the other hand, the Dow registered a loss of 0.98%, and the technology-centric Nasdaq decreased by 1.35%.

Coming into today, shares of the airline had gained 35.63% in the past month. In that same time, the Transportation sector gained 6.76%, while the S&P 500 gained 1.56%.

The investment community will be closely monitoring the performance of Alaska Air Group in its forthcoming earnings report. The company is predicted to post an EPS of -$0.93, indicating a 152.25% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $4.1 billion, indicating a 10.64% increase compared to the same quarter of the previous year.

For the full year, the Zacks Consensus Estimates project earnings of -$1.01 per share and a revenue of $15.84 billion, demonstrating changes of -141.39% and +11.22%, respectively, from the preceding year.

Investors should also note any recent changes to analyst estimates for Alaska Air Group. 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.

Empirical research indicates that these revisions in estimates have a direct correlation with impending 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 last 30 days, the Zacks Consensus EPS estimate has moved 2.53% higher. Alaska Air Group presently features a Zacks Rank of #3 (Hold).

The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 201, finds itself in the bottom 18% echelons of all 250+ industries.

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

You can find more information on all of these metrics, and much more, on Zacks.com.
2026-06-21 21:32 1mo ago
2026-06-18 12:06 1mo ago
CMS VS EVRG: Which Electric Utility Stock Offers Better Return?
EVRG Evergy
FMP Stock News
Original source text
Key Takeaways CMS and Evergy operate in regulated electric utilities, supported by rising power demand and investment.Evergy has higher projected EPS growth, lower leverage, a higher dividend yield and stronger recent gains. CMS Energy posts a stronger ROE and plans $24B in investments to upgrade infrastructure and cleaner energy. Companies operating in the Zacks Utility - Electric Power industry are engaged in the production and supply of electricity to millions of consumers across the United States. These utilities benefit from regulated frameworks that ensure cost recovery through rate hikes, while increasing customer demand drives earnings growth. These utilities increase shareholder value through steady dividends and planned buybacks, making them attractive investment options.

Electricity demand in the United States is rising, driven by data center growth, industrial reshoring, transportation electrification and higher residential usage. Companies operating in this industry are focusing on renewable energy projects, grid modernization and strengthening distribution networks to maintain service reliability.

Amid the growing importance of electricity generation and distribution companies, let us compare CMS Energy Corporation (CMS - Free Report) and Evergy (EVRG - Free Report) . These two electric utilities, supported by their regulated structure, benefit from a rise in demand for service, data center growth, strong investment in infrastructure development and renewable expansion.

CMS Energy benefits from its regulated utility business, which generates stable cash flows and consistent earnings. The company’s significant capital investment plan focuses on upgrading and expanding electric and natural gas infrastructure, improving grid reliability, resilience and service quality. These investments are expected to drive rate base growth and support long-term earnings expansion. Combined with a favorable regulatory environment and rising energy demand, CMS Energy remains well-positioned to create sustainable value for shareholders.

Evergy presents a compelling investment case supported by its regulated utility business, which generates consistent earnings and dependable cash flows. The company is investing heavily in transmission and distribution infrastructure upgrades to improve grid resilience, reliability and operational efficiency. Growing power demand from data centers and other digital infrastructure projects within its service areas provides an additional growth catalyst. These strategic capital investments are expected to expand Evergy’s rate base, drive long-term 
earnings growth and create sustainable value for shareholders.

CMS Energy and Evergy are among the leading utilities. Comparing their fundamentals can reveal which stock presents the most attractive investment opportunity.

CMS & EVRG’s Earnings Growth ProjectionsThe Zacks Consensus Estimate for EVRG’s earnings per share is pegged at $4.25 in 2026 and $4.55 in 2027, suggesting year-over-year growth of 10.97% and 7.01%, respectively.  EVRG’s long-term (three to five years) earnings growth is currently pinned at 9.07%.
 

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for CMS’ earnings per share is pegged at $3.87 in 2026 and $4.16 in 2027, suggesting year-over-year growth of 7.20% and 7.59%, respectively.  CMS’ long-term earnings growth is currently pinned at 7.14%.

Image Source: Zacks Investment Research

Debt to CapitalThe Zacks Utilities sector is highly capital-intensive, and companies often depend on debt financing to support operations, maintain reliability and meet growing demand. These utilities supplement internally generated cash flows with capital market borrowings to fund long-term investments and drive sustainable growth.

Evergy’s debt-to-capital ratio stands at 56.97%, below CMS Energy’s 65.18% and the industry average of 59.94%. Both companies rely on debt financing, with CMS carrying higher leverage than EVRG and the industry average, indicating greater dependence on borrowed capital.

Return on EquityReturn on Equity (“ROE”) evaluates management efficiency in utilizing shareholders’ funds to generate returns. A higher ROE reflects a company’s effective utilization of shareholder funds to create value and drive profit growth.

CMS Energy's current ROE is 12.17%, outperforming Evergy's 9.10% and the industry's 11.09%.CMS utilizes shareholders’ capital more efficiently and generates higher profits.

Image Source: Zacks Investment Research

CMS & EVRG’s Dividend YieldDividends are regular payments distributed by a utility company to reward its shareholders for their investment. Consistent dividend payouts reflect stable cash flows and management’s commitment to delivering reliable returns, making utilities attractive to income-focused and long-term investors.

Currently, Evergy’s dividend yield is 3.36%, while CMS Energy’s dividend yield is 3.11%. The dividend yields of both companies are higher than the S&P 500’s yield of 1.44%.

Capital Investment PlansUtilities’ operations are capital-intensive, requiring huge capital investment for infrastructure development and replacement. These investments improve service quality, support renewable energy storage expansion, replacement of outdated equipment and grid modernization.

CMS Energy aims to invest $24 billion during 2026-2030 to upgrade infrastructure, support cleaner energy generation and drive 6-8% earnings growth. Evergy plans to invest $21.6 billion during 2026-2030, including more than $3 billion for new generation capacity to meet rising customer demand, supporting 11.5% rate base growth and 6-8% earnings growth.

Price PerformanceEvergy’s shares have gained 14.3% over the past six months compared with CMS Energy's rally of 6%.

Image Source: Zacks Investment Research

Summing UpCMS Energy and Evergy both gain from rising demand for the service, data center growth, renewable expansion and heavy investment in infrastructure to reliably serve millions of customers across the United States.

EVRG, supported by stable earnings per share growth, lower debt levels, an attractive dividend yield and better stock performance, appears to be a more attractive choice in the utility sector.

Based on the above discussion, Evergy currently has an edge over CMS Energy, though both carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-21 21:12 1mo ago
2026-06-17 16:05 1mo ago
Greif Named to 2026 Global Most Loved Workplaces® List for the Fourth Consecutive Year
GEF-B Greif
FMP Stock News
Original source text
DELAWARE, June 17, 2026 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in performance packaging products and services, announced today that the company has been named to the Most Loved Workplaces® list for a fourth consecutive year.

Greif’s continued recognition reflects the company’s sustained focus on creating a workplace where colleagues can thrive. Across its global operations, colleagues bring The Greif Way to life through a shared commitment to safety, respect, integrity, service, and care for one another.

“Greif is honored to once again be recognized as a Most Loved Workplace,” said Ole Rosgaard, President and Chief Executive Officer of Greif. “This recognition belongs to our colleagues around the world. Our culture is one of our greatest strengths, and it starts with how we show up for one another, for our customers, and for the communities where we live and work. We are a people company that happens to make packaging, and recognitions like this remind us why that matters.”

“At Greif, we believe the colleague experience is core to our success,” said Bala Sathyanarayanan, Executive Vice President and Chief Human Resources Officer. “Being named to the Most Loved Workplaces list for the fourth consecutive year is a meaningful reflection of the culture our people build every day. We are proud to foster an environment where colleagues feel seen, supported, and inspired to contribute to something larger than themselves.”

The Most Loved Workplace® certification is based on extensive research and analysis by BPI, evaluating factors such as employee satisfaction, workplace culture, and overall sentiment. To learn more about the 2026 Most Loved Workplaces® list, visit https://mostlovedworkplace.com/top-100-global-most-loved-workplaces-2026/#list.

About Greif
Founded in 1877, Greif is a global leader in performance packaging located in over 35 countries. The company delivers trusted, innovative, and tailored solutions that support some of the world’s most demanding and fastest-growing industries. With a commitment to legendary customer service, operational excellence, and global sustainability, Greif packages life’s essentials – and creates lasting value for its colleagues, customers, and other stakeholders. Learn more about the company’s Customized Polymer, Sustainable Fiber, Durable Metal, and Innovative Closure Solutions at www.greif.com and follow Greif on Instagram and LinkedIn.

Media Contacts:
Greif Media Relations
[email protected]
+1 (234) 221-6001

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fb166973-74ac-48d5-ba02-1719eb576a14
2026-06-21 21:12 1mo ago
2026-06-18 07:04 1mo ago
Comfort Systems USA: The Market Is Paying Up, But The Growth Still Makes Sense
FIX Comfort Systems USA
FMP Stock News
Original source text
I initiate coverage of Comfort Systems USA with a strong buy rating and a $2,415 price target, implying 26% upside. My growth drivers are data center and technology infrastructure, advanced manufacturing demand, modular and prefabrication capacity, service and retrofit work and electrical capability. I estimate these drivers can contribute about $629.75 million of incremental EBITDA taking the company toward forward EBITDA estimate of $2.73 billion over the next 12 to 18 months.
2026-06-21 21:12 1mo ago
2026-06-18 14:22 1mo ago
Comfort Systems USA, Inc. (FIX) Presents at Sidoti Small-Cap Virtual Investor Conference Transcript
FIX Comfort Systems USA
FMP Stock News
Original source text
Comfort Systems USA, Inc. (FIX) Presents at Sidoti Small-Cap Virtual Investor Conference Transcript
2026-06-21 21:12 1mo ago
2026-06-18 18:51 1mo ago
Why Comfort Systems (FIX) Outpaced the Stock Market Today
FIX Comfort Systems USA
FMP Stock News
Original source text
Comfort Systems (FIX - Free Report) closed the most recent trading day at $1,967.41, moving +1.84% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 1.09%. Elsewhere, the Dow saw an upswing of 0.14%, while the tech-heavy Nasdaq appreciated by 1.91%.

Coming into today, shares of the heating, ventilation and air conditioning company had gained 5.24% in the past month. In that same time, the Construction sector gained 3.92%, while the S&P 500 gained 0.29%.

Market participants will be closely following the financial results of Comfort Systems in its upcoming release. On that day, Comfort Systems is projected to report earnings of $10.38 per share, which would represent year-over-year growth of 58.96%. At the same time, our most recent consensus estimate is projecting a revenue of $2.94 billion, reflecting a 35.42% rise from the equivalent quarter last year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $43.08 per share and a revenue of $11.88 billion, indicating changes of +49.17% and +30.51%, respectively, from the former year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Comfort Systems. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, 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 last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.5% increase. Comfort Systems is currently a Zacks Rank #1 (Strong Buy).

Digging into valuation, Comfort Systems currently has a Forward P/E ratio of 44.84. This signifies a premium in comparison to the average Forward P/E of 23.31 for its industry.

The Building Products - Air Conditioner and Heating industry is part of the Construction sector. This group has a Zacks Industry Rank of 43, putting it in the top 18% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
2026-06-21 21:12 1mo ago
2026-06-19 10:41 1mo ago
Is Comfort Systems USA (FIX) Stock Outpacing Its Construction Peers This Year?
FIX Comfort Systems USA
FMP Stock News
Original source text
For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Comfort Systems (FIX - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.

Comfort Systems is one of 88 individual stocks in the Construction sector. Collectively, these companies sit at #16 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Comfort Systems is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for FIX's full-year earnings has moved 18.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, FIX has moved about 110.8% on a year-to-date basis. Meanwhile, the Construction sector has returned an average of 17% on a year-to-date basis. As we can see, Comfort Systems is performing better than its sector in the calendar year.

One other Construction stock that has outperformed the sector so far this year is Sterling Infrastructure (STRL - Free Report) . The stock is up 181.5% year-to-date.

In Sterling Infrastructure's case, the consensus EPS estimate for the current year increased 44.4% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

To break things down more, Comfort Systems belongs to the Building Products - Air Conditioner and Heating industry, a group that includes 7 individual companies and currently sits at #40 in the Zacks Industry Rank. On average, this group has gained an average of 46.9% so far this year, meaning that FIX is performing better in terms of year-to-date returns.

Sterling Infrastructure, however, belongs to the Engineering - R and D Services industry. Currently, this 22-stock industry is ranked #72. The industry has moved +39.9% so far this year.

Going forward, investors interested in Construction stocks should continue to pay close attention to Comfort Systems and Sterling Infrastructure as they could maintain their solid performance.
2026-06-21 21:12 1mo ago
2026-06-18 15:26 1mo ago
We Have A Valuation Problem - May Dividend Income Report
BIPC Brookfield Infrastructure
FMP Stock News
Original source text
I don't love valuation models because they rely on assumptions, and assumptions can be dangerous. But we still need to pay attention. I sold my position in BIPC not because I don't like the stock or that I'm spooked by recent movement, but rather in the optic of portfolio simplification. Since I started this portfolio in September 2017, I have received a total of $36,444.54 CAD in dividends.
2026-06-21 21:12 1mo ago
2026-06-17 09:13 1mo ago
This ResMed Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
RMD ResMed
FMP Stock News
Original source text
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Considering buying EFC stock? Here’s what analysts think:

Photo via Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.
2026-06-21 21:12 1mo ago
2026-06-18 09:00 1mo ago
Apple Hospitality REIT Announces Monthly Distribution
APLE Apple Hospitality REIT
FMP Stock News
Original source text
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share. The distribution is payable on July 15, 2026, to shareholders of record as of June 30, 2026.

Based on the Company’s common stock closing price of $16.25 on June 17, 2026, the annualized distribution of $0.96 per common share represents an annual yield of approximately 5.9%.

About Apple Hospitality REIT, Inc.

Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (“REIT”) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality’s portfolio consists of 216 hotels with approximately 29,500 guest rooms located in 83 markets throughout 37 states and the District of Columbia. Concentrated with industry-leading brands, the Company’s hotel portfolio consists of 114 Hilton-branded hotels, 96 Marriott-branded hotels, five Hyatt-branded hotels and one independent hotel. For more information, please visit www.applehospitalityreit.com.

Forward-Looking Statements Disclaimer

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are typically identified by use of statements that include phrases such as “may,” “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “target,” “goal,” “plan,” “should,” “will,” “predict,” “potential,” “outlook,” “strategy,” and similar expressions that convey the uncertainty of future events or outcomes. Such statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.

Such factors include, but are not limited to, the ability of the Company to effectively acquire and dispose of properties and redeploy proceeds; the anticipated timing and frequency of shareholder distributions; the ability of the Company to fund capital obligations; the ability of the Company to successfully integrate pending transactions and implement its operating strategy; changes in general political, economic and competitive conditions and specific market conditions (including the potential effects of tariffs, inflation or a recessionary environment); reduced business and leisure travel due to geopolitical uncertainty, including terrorism and acts of war; travel-related health concerns, including widespread outbreaks of infectious or contagious diseases in the U.S.; inclement weather conditions, including natural disasters such as hurricanes, earthquakes and wildfires; government shutdowns, airline strikes or equipment failures or other disruptions; adverse changes in the real estate and real estate capital markets; financing risks; changes in interest rates; litigation risks; regulatory proceedings or inquiries; and changes in laws or regulations or interpretations of current laws and regulations that impact the Company’s business, assets or classification as a REIT. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore there can be no assurance that such statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the results or conditions described in such statements or the objectives and plans of the Company will be achieved. In addition, the Company’s qualification as a REIT involves the application of highly technical and complex provisions of the Internal Revenue Code of 1986, as amended. Readers should carefully review the risk factors described in the Company’s filings with the Securities and Exchange Commission, including, but not limited to, those discussed in the section titled “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025. Any forward-looking statement that the Company makes speaks only as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements or cautionary factors, as a result of new information, future events, or otherwise, except as required by law.

For additional information or to receive press releases by email, visit www.applehospitalityreit.com.

More News From Apple Hospitality REIT, Inc.
2026-06-21 20:52 1mo ago
2026-06-18 12:35 1mo ago
EverCommerce: A Vertical SaaS Opportunity Trading At A Peer Discount
EVCM EverCommerce
FMP Stock News
Original source text
EverCommerce is rated a buy, with an 8.6% upside to a $9.5 FY 2026 price target, driven by potential multiple expansion. EVCM's growth has decelerated to low single digits, but strong recurring revenue and improving cash flow support the investment thesis. Margin compression from AI investments is notable, but cross-selling and ARPU expansion are expected to drive organic growth and re-rating potential.
2026-06-21 20:52 1mo ago
2026-06-19 18:53 1mo ago
What Does the EverCommerce CEO's Sale of Over 19,000 Company Shares Mean for Investors?
EVCM EverCommerce
FMP Stock News
Original source text
Eric Richard Remer, Chief Executive Officer and founder of EverCommerce (EVCM +2.40%), executed open-market sales totaling 19,200 shares of common stock across three transactions between May 26, 2026 and May 28, 2026, as disclosed in the SEC Form 4 filing.

Transaction summaryMetricValueShares sold (direct)19,200Transaction value~$204,000Post-transaction shares (direct)2,822,626Post-transaction value (direct ownership)~$31.3 millionTransaction value based on SEC Form 4 weighted average reported price ($10.60). Post-transaction value based on May 28 closing price.

Key questionsWhat portion of the CEO's direct stake was impacted by this sale?
The 19,200 shares sold reduced Remer’s direct holdings to 2,822,626 shares after the transaction.Were any indirect holdings or options affected?
No; all shares in this transaction were disposed directly, with indirect holdings (6,212,662 shares via multiple family trusts and LLCs) remaining unchanged, and no options exercised or involved.How does the transaction size compare to the CEO's historical selling pattern?
This sale aligns with Remer’s historical average for open-market dispositions (mean of approximately 19,340 shares per trade), and the steady pace reflects reduced available share capacity as cumulative holdings have declined more than 70% over the past twelve months.What is the context for valuation and current market price?
The shares were sold at a weighted average price of $10.60, with EverCommerce closing at $11.09 on May 28, 2026 and a closing price of $8.74 as of June 17, 2026.Company overviewMetricValueRevenue (TTM)$594.1 millionNet income (TTM)$32.5 millionEmployees2,000Company snapshotEverCommerce offers integrated SaaS solutions for business management, billing and payments, customer engagement, and marketing technology, serving home services, health, and wellness sectors.The company targets small and medium-sized service businesses, including home improvement contractors, healthcare providers, and fitness professionals.EverCommerce operates at scale with a diversified SaaS platform tailored to service-based businesses across multiple verticals. Its strategy leverages vertical integration and specialized product suites to address the unique workflow and payment needs of its customers. This approach provides a competitive advantage through deep industry focus and recurring revenue streams.

What this transaction means for investorsThe May sales of EverCommerce stock by CEO and founder Eric Richard Remer came at a time when the stock had made modest gains over the past year. Since then, the share price has dropped below what Remer sold for.

That said, his disposition was not a red flag for investors. It was a non-discretionary transaction executed as part of a pre-arranged Rule 10b5-1 trading plan adopted back in June of 2025. Such plans are often implemented by insiders to avoid accusations of trading based on insider information.

Moreover, while Remer has performed regular stock sales as part of his Rule 10b5-1, he still retains millions of shares both directly and through indirect entities such as family trusts. This demonstrates the CEO maintains a substantial equity stake in his business.

EverCommerce stock is down because the company forecasted second-quarter revenue in the range of $150.5 million to $153.5 million, up from $148 million in 2025. The small increase did not impress Wall Street investors, leading to a share price drop.

Robert Izquierdo 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.
2026-06-21 20:52 1mo ago
2026-06-19 10:41 1mo ago
Are Retail-Wholesale Stocks Lagging Aramark (ARMK) This Year?
ARMK Aramark Holdings
FMP Stock News
Original source text
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Aramark (ARMK - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.

Aramark is a member of our Retail-Wholesale group, which includes 189 different companies and currently sits at #14 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Aramark is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for ARMK's full-year earnings has moved 1.3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, ARMK has moved about 44.7% on a year-to-date basis. Meanwhile, the Retail-Wholesale sector has returned an average of 0.3% on a year-to-date basis. This means that Aramark is outperforming the sector as a whole this year.

Another Retail-Wholesale stock, which has outperformed the sector so far this year, is Victoria's Secret (VSXY - Free Report) . The stock has returned 51.3% year-to-date.

Over the past three months, Victoria's Secret's consensus EPS estimate for the current year has increased 33.1%. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Aramark belongs to the Retail - Restaurants industry, a group that includes 37 individual stocks and currently sits at #204 in the Zacks Industry Rank. This group has gained an average of 0.6% so far this year, so ARMK is performing better in this area.

Victoria's Secret, however, belongs to the Retail - Apparel and Shoes industry. Currently, this 40-stock industry is ranked #89. The industry has moved -3% so far this year.

Investors with an interest in Retail-Wholesale stocks should continue to track Aramark and Victoria's Secret. These stocks will be looking to continue their solid performance.
2026-06-21 20:32 1mo ago
2026-06-17 09:00 1mo ago
Blue Planet Brings Trust to Autonomous Networks with New Configuration and Change Management Solution
CIEN Ciena
FMP Stock News
Original source text
HANOVER, Md.--(BUSINESS WIRE)--Blue Planet, a division of Ciena (NYSE: CIEN), is closing the governance gap in network operations by unveiling Blue Planet Configuration and Change Management (CCM), unifying device configuration, change, and lifecycle management across multi-vendor networks. Backed by Blue Planet’s deep Operations Support System (OSS) expertise, CCM replaces fragmented tools and manual processes with AI-driven workflows to reduce risk, prevent outages, and strengthen the foundation for autonomous networking.

As networks grow more complex, configuration errors and unmanaged changes remain a leading cause of outages. Service providers must manage simultaneous manual and AI-driven automated changes across multi-vendor environments, often with limited visibility and fragmented control. CCM provides a real-time view of network state and activity, enabling service providers to safely scale automation and AI-driven operations. With embedded governance, it closes the automation loop by validating and tracking every change, reducing operational risk and strengthening network reliability.

"All network change carries an element of risk, not only in designing the right change to make, but also in executing the change and ultimately validating it correctly," said Robert Curran, Consulting Analyst, Appledore Research. "Increasing autonomy in network operations depends on progressively building trust in the agents and systems empowered to change the network. Auditability and explainability are essential elements in the autonomous networks vision."

“The industry is moving toward AI-driven autonomous networks, but autonomy requires governance, control, and traceability of network changes,” said Joe Cumello, Senior Vice President and General Manager, Blue Planet. “Designed with input from customers, Blue Planet Configuration and Change Management provides a unified governance layer for network changes. It helps service providers realize the operational benefits of AI-driven automation with trust and confidence.”

Key capabilities of CCM include:

Centralized configuration and change visibility and governance across multi-vendor networks Automated configuration drift detection and policy-driven compliance validation Software image and device lifecycle management, with automated workflows, from upgrades to end-of-life AI-enabled risk assessment, compliance monitoring, and pre-change impact analysis CCM embeds governance directly into network operations, with pre-built AI agents for drift detection, compliance validation, and change risk assessment to reduce manual review cycles and improve operational efficiency. Integrated across the Blue Planet portfolio, CCM connects inventory, orchestration, and assurance to ensure every change is informed, executed, and monitored in context. The result is a more controlled approach to network change, helping operators improve outcomes today while accelerating the shift to autonomous operations.

For more information about CCM, see the following blog post.

About Blue Planet

Blue Planet empowers communications service providers (CSPs) to be more software-driven, digital businesses with the industry’s first truly cloud-native operations support systems (OSS) platform. The Blue Planet intelligent automation portfolio helps CSPs automate network and service operations to speed the introduction of new services across any network domain or vendor. A division of Ciena and a key provider for many of the world’s leading CSPs, Blue Planet brings unparalleled expertise in accelerating digital transformation. For updates on Blue Planet, visit http://www.blueplanet.com/.

Note to Ciena Investors

You are encouraged to review the Investors section of our website, where we routinely post press releases, SEC filings, recent news, financial results, and other announcements. From time to time we exclusively post material information to this website along with other disclosure channels that we use. This press release contains certain forward-looking statements that are based on our current expectations, forecasts, information and assumptions. These statements involve inherent risks and uncertainties. Actual results or outcomes may differ materially from those stated or implied, because of risks and uncertainties, including those detailed in our most recent annual and quarterly reports filed with the SEC. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies and can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
2026-06-21 20:32 1mo ago
2026-06-19 09:30 1mo ago
Bet on These 4 Top-Performing Liquid Stocks to Maximize Returns
CIEN Ciena
FMP Stock News
Original source text
Key Takeaways Stocks like ALHC, AGX, AGYS and CIEN were screened for strong liquidity and asset efficiency.The screen narrowed 7,700 stocks to 15, with these four meeting strict efficiency and growth criteria.Each stock also boasts higher asset utilization than its industry average and solid growth attributes. Investors looking to maximize gains could benefit from adding stocks with sound liquidity, which encourages business growth. Liquidity measures a company’s capability to meet short-term debt obligations. Stocks with high liquidity levels have always been in demand, owing to their potential to provide maximum returns.

Investors may want to consider adding four top-ranked stocks — Alignment Healthcare, Inc. (ALHC - Free Report) , Argan, Inc. (AGX - Free Report) , Agilysys (AGYS - Free Report) and Ciena Corporation (CIEN - Free Report) — to their portfolios to boost returns.

However, one should be alert enough before investing in such stocks. While a high liquidity level may imply that the company is clearing its dues faster than its peers, it may also indicate that the company is failing to use its assets efficiently.

A balanced assessment of both liquidity and efficiency can help identify truly promising investment opportunities.

Measures to Identify Liquid StocksCurrent Ratio: It measures current assets relative to current liabilities. The ratio gauges a company’s potential to meet short and long-term debt obligations. A current ratio — the working capital ratio — below 1 indicates that the company has more liabilities than assets. A high current ratio does not always suggest that the company is in good financial shape. It may also indicate that the firm failed to utilize its assets significantly. Hence, a range of 1-3 is considered ideal.

Quick Ratio: Unlike the current ratio, the quick ratio — the “acid-test ratio” or “quick assets ratio” — indicates a company’s ability to pay short-term obligations. It considers inventory, excluding current assets, relative to current liabilities. A quick ratio of more than 1 is desirable, like the current ratio.

Cash Ratio: This is the most conservative ratio among the three, considering cash, cash equivalents and invested funds relative to current liabilities. It measures a company’s ability to meet existing debt obligations using the most liquid assets. Though a cash ratio of more than 1 may suggest sound financials, a higher number may indicate inefficiency in cash utilization.

A ratio greater than 1 is always desirable, but it may not always represent a company’s financial condition.

Screening ParametersTo pick the best of the lot, we have added asset utilization — a widely used measure of a company’s efficiency — as one of the screening criteria. Asset utilization is the ratio of total sales in the past 12 months to the last four-quarter average of total assets. Though this ratio varies across industries, companies with a ratio higher than that of their industry can be considered efficient.

We added our proprietary Growth Score to the screen to ensure these liquid and efficient stocks have solid growth potential.

Current Ratio, Quick Ratio, and Cash Ratio between 1 and 3: While liquidity ratios greater than 1 are desirable, significantly high ratios may indicate inefficiency.

Asset utilization is more significant than the industry average: A higher asset utilization than the industry average indicates a company’s efficiency.

Zacks Rank equal to #1 (Strong Buy): Only Strong Buy-rated stocks can get through. You can see the complete list of today’s Zacks #1 Rank stocks here.

Growth Score less than or equal to B: Back-tested results show that stocks with a Growth Score of A or B handily beat other stocks when combined with a Zacks Rank #1 or 2 (Buy).

These criteria have narrowed the universe of more than 7,700 stocks to only 15.

Here are four of the 15 stocks that qualified the screen:

Alignment Healthcare is a clinically focused platform designed to improve the healthcare experience for seniors registered under Medicare. Through its various Medicare Advantage plans, it caters to the various requirements and preferences of seniors.

Revenues in 2026 are expected to be between $5.16 billion and $5.21 billion. First-quarter 2026 revenues of $1.24 billion rose 33.3% year over year. Performance was driven by strength and execution across sales, clinical operations and member retention. At quarter-end, health plan membership was 284,800, up 30.9% from the prior year quarter.

Profitability numbers were also impressive, with adjusted EBITDA up 87.6% year over year to $37.9 million.

The Zacks Consensus Estimate for ALHC’s 2026 earnings stands at 48 cents per share, unchanged in the past 30 days. The company has a Growth Score of A and a trailing four-quarter earnings surprise of 198.81%, on average.

Argan offers comprehensive construction and related services to the power industry through its operations at Gemma Power Systems and Atlantic Projects.

Driven by favorable project timings in the Power segment, AGX reported first-quarter fiscal 2027 revenues of $291 million, up 50% year over year. It ended the quarter with a backlog of $2.8 billion. The Power segment remained the top contributor, accounting for 78% of total revenues.

Increasing demand for energy infrastructure, driven by electrification trends, data center expansion, electric vehicles and grid reliability needs, is creating strong opportunities, positioning Argan well for long-term growth. The company expects to add a “handful” of new projects over the next 10-18 months and believes it can execute 10-12 concurrent jobs.

The Zacks Consensus Estimate for AGX’s fiscal 2027 earnings stands at $12.60 per share, unchanged over the past seven days. The company has a Growth Score of A and a trailing four-quarter earnings surprise of 40.49%, on average.

Agilysys delivers hospitality software solutions and services. AGYS reported fiscal 2026 revenues of $319.3 million, up 15.9% from fiscal 2025. Subscription revenues rose 30.2% year over year and represented 66.6% of total recurring revenues.

The company continues to benefit from strong sales for PMS, POS and add-on modules. Strong backlog combined with ongoing AI innovation position the company for sustained growth and margin expansion.

The outlook remains robust, with fiscal 2027 revenues guided to be in the range of $365–$370 million and subscription revenues expected to grow north of 30% again. The company also expects adjusted EBITDA margin to expand to be 24%.

The Zacks Consensus Estimate for AGYS’ fiscal 2027 earnings is pegged at $2.37 per share, unchanged past seven days. The company has a Growth Score of B.

Ciena, headquartered in Hanover, MD, is a leading provider of optical networking equipment, software and services.

Fiscal second-quarter 2026 revenues rose 39.5% year over year to $1.57 billion, driven by cloud demand and higher adoption of optical networking solutions.

Networking Platforms remained the largest contributor, generating $1.27 billion in revenues and representing 81.1% of total sales. Within the segment, Optical Networking revenues increased to $1.10 billion from $773.6 million a year ago, while Routing and Switching revenues advanced to $174.2 million from $92.7 million.

For fiscal third-quarter 2026, management expects revenues of $1.625 billion (+/- $50 million). Adjusted gross margin is projected at 45% (+/-50 bps), while adjusted operating margin is expected between 19% and 20%.

The Zacks Consensus Estimate for CIEN’s fiscal 2026 earnings is pegged at $6.52 per share, unchanged in the past seven days. The company has a Growth Score of A and a trailing four-quarter earnings surprise of 19.45%, on average.
2026-06-21 20:12 1mo ago
2026-06-17 09:06 1mo ago
3 Stocks That Declared Dividend Hikes Recently Amid Geopolitical Tensions
NFG National Fuel Gas Company
FMP Stock News
Original source text
Key Takeaways TGT declared a $1.16 dividend payable Sept. 1 and has raised its dividend six times in five years.NFG declared a $0.56 dividend payable Aug. 15, with six dividend increases over five years.CAT declared a $1.63 dividend payable Sept. 19 and has raised its dividend six times in five years. Stocks have been rallying over the past two days as oil prices eased after the United States announced over the weekend that a peace deal had been reached with Iran, marking the end of the war.

A surge in oil prices since the beginning of the war earlier this year has seen inflation climb substantially over the past three months. This has made the Federal Reserve consider hiking interest rates in the near term. Although the war has ended, the recovery path won’t be that easy.

Amid the ongoing uncertainty, conservative investors seeking reliable income and looking for ways to protect their capital may want to consider holding or investing in dividend-paying stocks.

Such stocks provide steady earnings through regular dividend payouts and can help mitigate the effects of market volatility. Three such stocks are: Target Corporation (TGT - Free Report) , National Fuel Gas Company (NFG - Free Report) and Caterpillar Inc. (CAT - Free Report) .

Volatility in Wall Street ContinuesThe Dow gained 328.64 points on Tuesday to close at 51,999.67 points. The blue-chip index earlier reached an all-time intra-day high of 52,190.29 points. The jump came as oil prices eased following the announcement by the United States on Sunday that a peace deal had been reached with Iran.

The peace deal marks the end of the months-long war that will see the reopening of the Strait of Hormuz, which will allow smooth passage to ships. This is likely to bring energy prices further down.

However, the picture isn’t that rosy, as the path to recovery won’t be that easy. Higher oil prices have led to a surge in prices of goods and services since the beginning of the war, pushing inflation higher.

Consumer Price Index (CPI) jumped 0.5% in May from the previous month after increasing 0.6% in April, the Commerce Department reported. On a year-over-year basis, CPI rose 4.2%, its biggest gain since April 2023.

The unexpected surge in inflation has made the Federal Reserve’s job even more challenging. Concerns have grown about the economy’s health as inflation remains far from the Fed’s 2% target. The central bank is now contemplating hiking interest rates in its bid to combat inflation.

3Stocks That Recently Announced Dividend HikesTarget CorporationTarget Corporation has evolved from being a pure brick & mortar retailer to an omni-channel entity. TGT has been investing in technologies, improving websites and mobile apps, and modernizing the supply chain to keep pace with the changing retail landscape and better compete with pure e-commerce players. Target has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

On June 11, Target Corporation announced that its shareholders would receive a dividend of $1.16 a share on Sept. 1. TGT has a dividend yield of 3.42%. Over the past five years, Target Corporation has increased its dividend six times, and its payout ratio presently sits at 57% of earnings. Check Target Corporation’s dividend history here.

National Fuel Gas Company National Fuel Gas Company is an integrated energy company with natural gas assets in the Appalachian Basin and oil-producing assets in California. NFG has a Zacks Rank #3.

On June 11, National Fuel Gas Companydeclared that its shareholders would receive a dividend of $0.56 a share on Aug. 15. NFG has a dividend yield of 2.79%. Over the past five years, National Fuel Gas Companyhas increased its dividend six times, and its payout ratio presently sits at 28% of earnings. Check National Fuel Gas Company’s dividend history here.

CaterpillarCaterpillar Inc. is the largest global construction and mining equipment manufacturer. Given that it serves a gamut of sectors — infrastructure, construction, mining, oil & gas and transportation, CAT is considered a bellwether of the global economy. Caterpillar has more than 4 million products with an extensive dealer network of 165 dealers spanning 191 countries. Caterpillar has a Zacks Rank #2 (Buy).

On June 10, Caterpillar announced that its shareholders would receive a dividend of $1.63 a share on Sept. 19. CAT has a dividend yield of 0.65%. Over the past five years, Caterpillar has increased its dividend six times, and its payout ratio presently sits at 30% of earnings. Check Caterpillar’s dividend history here.
2026-06-21 20:12 1mo ago
2026-06-18 11:46 1mo ago
Is the Options Market Predicting a Spike in Independent Bank Stock?
INDB Independent Bank
FMP Stock News
Original source text
Investors in Independent Bank Corp. (INDB - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the August 21, 2026 $95.00 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Independent Bank share, but what is the fundamental picture for the company? Currently, Independent Bank is a Zacks Rank #3 (Hold) in the Banks - Northeast Industry that ranks in the Top 32% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased his estimate for the current quarter, while one has revised his estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from $1.82 per share to $1.80 per share in the same time period.

Given the way analysts feel about Independent Bank right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
2026-06-21 20:12 1mo ago
2026-06-18 16:10 1mo ago
Independent Bank Corp. Announces Quarterly Dividend
INDB Independent Bank
FMP Stock News
Original source text
-

ROCKLAND, Mass.--(BUSINESS WIRE)--The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.64 per share dividend. The dividend will be payable on July 9, 2026, to stockholders of record as of the close of business on June 29, 2026.

ABOUT INDEPENDENT BANK CORP.

Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. With retail branches in Eastern Massachusetts, Worcester County, and Southern New Hampshire as well as commercial banking and investment management offices in Massachusetts, New Hampshire, and Rhode Island, Rockland Trust offers a wide range of banking, investment, and insurance services to individuals, families, and businesses. Rockland Trust also offers a full suite of mobile, online, and telephone banking services. Rockland Trust is an FDIC member and an Equal Housing Lender.

Category: Dividends Releases

More News From Independent Bank Corp.

Back to Newsroom
2026-06-21 19:52 1mo ago
2026-06-17 09:00 1mo ago
Advance Auto Parts and OneRail Announce Expanded Partnership
AAP Advance Auto Parts
FMP Stock News
Original source text
Expanded partnership supports store-based fulfillment, delivery orchestration and supply chain modernization initiatives

RALEIGH, N.C. & ORLANDO, Fla.--(BUSINESS WIRE)--Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider in North America serving both professional installers and do-it-yourself customers, and OneRail, the AI-native technology platform orchestrating unified commerce for enterprise retailers, wholesalers and distributors, today announced an expanded partnership that will broaden Advance’s use of OneRail’s delivery orchestration platform to support same-day fulfillment across its store network.

The expanded partnership supports Advance’s ongoing investments in supply chain modernization, inventory availability, market hubs and store-based fulfillment. By leveraging OneRail’s orchestration technology, Advance aims to more dynamically coordinate deliveries across internal fleet assets and third-party delivery providers, helping improve flexibility, reliability, and operational efficiency.

“In our industry, speed and availability are what earn customer loyalty, and our customers’ expectations have never been higher,” said Ron Gilbert, Senior Vice President of Supply Chain at Advance Auto Parts. “OneRail is helping us improve delivery execution while giving us greater flexibility in how we serve customers. As we continue expanding same-day fulfillment capabilities, this partnership will help us leverage our growing store and market hub network more effectively to deliver a better customer experience.”

The partnership builds on more than four years of collaboration between the companies. During that time, OneRail has supported delivery orchestration across more than 4,000 locations throughout the Advance network, helping coordinate tens of millions of annual deliveries through a combination of internal fleet resources and third-party delivery capacity.

“OneRail's role is to help enterprise retailers turn inventory availability into fulfillment capability,” said Bill Catania, Founder and CEO of OneRail. “Advance Auto Parts has made significant investments in its supply chain and store network, and we're proud to help connect those investments with a flexible fulfillment model that can scale with customer demand.”

The expanded partnership further supports Advance’s work to deliver a seamless customer experience across professional and consumer channels and create a more agile and responsive fulfillment network.

About OneRail

OneRail is the AI technology platform that orchestrates profitable same-day delivery for enterprise retailers, wholesalers and distributors. Powered by its OmniPoint® platform and backed by a 24/7 U.S.-based Exceptions Assist™ team, OneRail connects inventory, transportation and the customer experience in a single real-time transaction, giving leading brands the delivery infrastructure to compete at scale without building it themselves. In March 2026, FedEx selected OneRail as the technology and network partner powering FedEx SameDay® Local. OneRail built OmniSTAR, the first AI-powered mode-agnostic delivery decisioning platform, in collaboration with NVIDIA. OneRail is headquartered in Orlando, Florida, with global operations. To learn more, visit onerail.com.

About Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of April 25, 2026, Advance operated 4,308 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The Company also served 797 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings, can be found at www.AdvanceAutoParts.com.
2026-06-21 19:32 1mo ago
2026-06-18 06:00 1mo ago
The Empty Nest Is on Hold: 1 in 3 Adults Under 35 Lives With Their Parents, Realtor.com® Finds
NWS News Corp
FMP Stock News
Original source text
Most Young Adults Living With Parents Are Employed: Data Points to Housing Affordability, Not Jobs

, /PRNewswire/ -- A record 25.2 million adults under 35 lived with their parents in 2025, surpassing even the pandemic peak, as housing costs continue to price young adults out of independent living, according to a new Realtor.com® report released today. One in 3 adults under 35 now shares a roof with a parent, a rate that has held near its 2020 record high with little sign of easing.

The numbers reflect the accumulated weight of more than a decade of housing underproduction, which has kept persistent upward pressure on housing costs. Had early-2000s co-residence patterns held, 4.86 million fewer young adults would be living with their parents today. Instead, a national median home listing price of $430,000 — 34.4% above 2019 levels — and a median asking rent of $1,673 — 17.9% above 2019 levels — have made independent living financially out of reach for millions. The United States currently faces a deficit of approximately 4 million homes, a gap that has widened since the construction slowdown following the 2008 financial crisis.

"The adults living with their parents today are largely employed, and many hold college degrees. What's holding them back isn't a lack of qualifications, but rather, at least in part, a lack of housing they can actually afford," said Hannah Jones, Senior Economist at Realtor.com®. "This is a supply story, not an employment story."

A Record High That Keeps Climbing
The 33.0% co-residence rate among adults under 35 in 2025 sits just below the 2020 all-time high of 33.6%, and the absolute count of 25.2 million has now surpassed it. The share has held at or near its pandemic peak since 2022. The pattern across the last two decades follows the same arc: crisis, spike, partial retreat, and a new, higher floor.

The first major increase came during the Great Recession, when co-residence rates rose sharply and did not recover when the economy did. The second came with COVID, as the overall share jumped to 33.6% in 2020. A brief retreat in 2022 reflected a narrow cohort that caught historically low mortgage rates before the window closed. Everyone behind them faced elevated rates, limited inventory, and elevated rents, and by 2025 the count had climbed to a new record.

Excess Co-Residence: Actual vs. Expected, 2000–2025

Year

Actual 18-34 Year-
Olds at Home

If early-2000s rates
held

Excess

2000

17.8M

17.7M

+0.1M

2007

19.2M

18.7M

+0.5M

2010

20.8M

19.4M

+1.5M

2015

23.0M

19.6M

+3.4M

2019

23.5M

19.4M

+4.0M

2021

24.3M

19.5M

+4.9M

2025

25.2M

20.3M

+4.86M

Who Is Living at Home
The adults living with their parents in 2025 do not fit the stereotype. Among those aged 25 to 34, approximately 70% are employed. In 2000, roughly 1 in 9 adults in their late 20s were both employed and living at home; by 2025, that ratio had grown to nearly 1 in 7, even as employment rates within the group held steady. The divergence points directly at housing costs, not labor market conditions.

Roughly 9 in 10 adults aged 25 to 34 living with parents have never been married, up from 79% in 2000, and about 1 in 3 aged 25 to 29 holds a four-year degree, up from fewer than 1 in 4 at the start of the century. The growth in co-residence is a story of delayed household formation.

Adults Living With Parents, by Age Group, 2025

Age Group

Total at Home 
(Millions)

Employed 
(%)

Never-
Married (%)

BA or Higher
(%)

Male (%)

18–24

17.67M

51.9 %

98.1 %

9.6 %

51.5 %

25–29

4.53M

71.1 %

93.6 %

31.5 %

57.4 %

30–34

3.00M

68.4 %

88.8 %

26.8 %

60.6 %

Men make up the majority of at-home adults at every age, though the gap is narrowing at younger ages. Among 18 to 24-year-olds the split is now nearly even at 51.5% male, compared to 55/45 in 2000.

The Generational Divide Within the Data
The data splits differently depending on cohort. Among adults aged 25 to 29, co-residence has seen a modest retreat from recent highs, driven by adults now 28 to 29 who were in their early 20s during the 2020 to 2021 low-rate window and found footing before conditions tightened. The 25 to 26-year-olds behind them hit peak renting age just as rates and prices surged in 2022 to 2023, and show no such improvement.

The 30 to 34 group tells the other half of the same story. At 12.7% co-residence in 2025, nearly double the 7.1% recorded in 2000, this group largely consists of adults who were 25 to 29 during the pandemic and never fully launched. The improvement at 25 to 29 and the rise at 30 to 34 are the same cohort at different stages of the same delayed exit.

What This Means for the Housing Market
"Twenty-five million adults living with their parents represents a generation of latent demand the market hasn't absorbed," said Jones. "Every adult still in a childhood bedroom is a household not formed, a lease unsigned, a starter home unpurchased. The typical first-time buyer is now 40 — that's not a coincidence, it's the math of a market that hasn't built enough."

The delay carries a real financial cost. As Realtor.com® research on generational wealth has shown, each year spent at home rather than building equity is a year of wealth accumulation deferred. Until affordability improves and entry-level supply expands, that latent demand will continue to build.

Methodology
Co-residence data in this report are drawn from the IPUMS Current Population Survey (CPS) Annual Social and Economic Supplement (ASEC), covering survey years 2000–2025. The CPS ASEC is conducted by the U.S. Census Bureau and represents the largest annual household survey in the United States. All population estimates use CPS person-level weights (ASECWT) to produce nationally representative figures. Adults are defined as individuals aged 18 and above. Co-residence is defined as living as "child of head" of household, based on the RELATE variable in the IPUMS extract. The 2014 survey year is excluded from all trend analyses due to a CPS sample expansion that year which creates a discontinuity in absolute population counts; percentage shares are unaffected but the year is omitted for consistency.

The counterfactual analysis in the Trends section applies the average co-residence rate at each single year of age (18–34) from 2000–2003 to the actual adult population in each subsequent year. The resulting figures represent how many adults would be living with parents had early-2000s co-residence patterns persisted, holding age structure and population growth constant.

Employment, marital status, educational attainment, and sex breakdowns are drawn from the same IPUMS CPS extract using EMPSTAT, MARST, EDUC, and SEX variables respectively.

About Realtor.com®
For over 30 years, Realtor.com® has connected buyers, sellers, and renters with trusted insights, professional guidance and powerful tools to help them find their perfect home. Recognized as the No. 1 real estate site REALTOR® agents recommend, Realtor.com® delivers consumer connections and a robust suite of marketing tools to support business growth. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc.

Media contact: Emily Do, [email protected]

SOURCE Realtor.com
2026-06-21 19:32 1mo ago
2026-06-18 08:45 1mo ago
Neogen® Committed to Helping Ranchers, Livestock Producers, and Horse Owners Fight Against New World Screwworm
NWS News Corp
FMP Stock News
Original source text
LANSING, Mich.--(BUSINESS WIRE)--Neogen Corporation (NASDAQ: NEOG), an innovative leader in food and animal safety solutions, today announced the expanded availability of FIFRA* Section 2(ee) recommendations for the use of Prozap® Insectrin X Concentrate and Prozap® Screw Worm and Ear Tick Aerosol as part of New World Screwworm (NWS) response efforts. These recommendations provide ranchers, livestock producers, and horse owners with an additional option to support fly management efforts.

In Texas, the Texas Department of Agriculture has approved Section 2(ee) recommendations for these products. Neogen is also making Section 2(ee) recommendations available in Florida, providing producers in both states with additional tools to incorporate into broader fly management programs.

While NWS was largely eradicated from the United States decades ago, recent developments have increased industry attention on prevention, vigilance, and effective fly control programs.

Whether addressing emerging concerns such as NWS or routine pest pressures, prevention and prompt wound management remain important components of herd health programs. Neogen offers a broad range of insect control solutions to help producers manage insect challenges across a variety of livestock environments. Among them, Prozap® Screw Worm and Ear Tick Aerosol can help protect wounds from flies and maggots while controlling a variety of labeled pests, including ticks, gnats, and lice. Prozap® Insectrin X Concentrate can be incorporated into broader fly management programs to help manage fly populations in and around livestock facilities.

USDA officials have emphasized the importance of continued vigilance, monitoring, and information sharing as the situation evolves. Although NWS has received increased attention in recent weeks, livestock producers continue to manage a range of insect-related challenges, including horn flies, stable flies, face flies, ticks, and lice, that can affect animal health, welfare, and productivity.

“Producers face insect pressure every season, making prevention and routine monitoring essential parts of herd management,” said Kirk Ramsey, DVM, MS, Professional Services Veterinarian with Neogen. “Integrated fly control programs, prompt wound management, and regular observation of animals can help producers address ongoing insect challenges while remaining prepared for emerging concerns.”

Neogen encourages livestock producers to work closely with their veterinarians and animal health advisors to develop insect management programs tailored to their operations and regional needs. For more information about Neogen's livestock insect control solutions, visit: https://info.neogen.com/Prozap or contact your Neogen representative.

*FIFRA refers to the Federal Insecticide, Fungicide, and Rodenticide Act. These recommendations are made as permitted under FIFRA Section 2(ee). Users must be in possession of the applicable recommendation at the time of pesticide application and comply with all product label directions and applicable state requirements.

**Important Use Information

The FIFRA Section 2(ee) recommendations for Prozap® Insectrin X Concentrate and Prozap® Screw Worm and Ear Tick Aerosol permit certain uses that do not appear on the EPA-approved product label. This recommendation has not been submitted to or approved by the U.S. Environmental Protection Agency (EPA). Users must have the 2(ee) recommendation in their possession at the time of application and must follow all applicable directions, restrictions, and precautions on the EPA-registered product label.

About Neogen

Neogen Corporation is committed to fueling a brighter future for global food security through the advancement of human and animal well-being. Harnessing the power of science and technology, Neogen has developed comprehensive solutions spanning the Food Safety, Livestock, and Pet Health & Wellness markets. A world leader in these fields, Neogen has a presence in over 140 countries with a dedicated network of scientists and technical experts focused on delivering optimized products and technology for its customers.

Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to the ability of Prozap® Screw Worm and Ear Tick Aerosol and Prozap® Insectrin X Concentrate to help ranchers, livestock producers, and horse owners fight against New World Screwworm; the ability of Prozap® Screw Worm and Ear Tick Aerosol to help protect wounds from flies and maggots while controlling a variety of labeled pests, including ticks, gnats and lice; and the ability of Prozap® Insectrin X Concentrate to be incorporated into broader control programs to help manage fly populations in and around livestock facilities.

These “forward-looking statements” are management’s present expectations of future events as of the date hereof and are subject to a number of known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially and adversely from those anticipated.

These risks include, but are not limited to risks relating to the integration of the 3M Food Safety business, risks related to potential tax benefits realized through the 3M transaction, risks related to tariffs and other trade measures, risks related to our international operations and expansion into new geographic markets, risks related to identified material weaknesses in our internal control over financial reporting, risks related to promoting internal growth and identifying and integrating acquisitions, risks related to failure of our systems infrastructure and security breaches of our information systems, risks related to disruption in our manufacturing and service operations, risks related to disruption of third-party package delivery services or pricing increases, risks related to dependence on key suppliers, risks related to the use of distributors for product sales, risks related to the development of new products and technologies, risks related to our ability to maintain a positive reputation, risks related to customer loss, risks related to increased raw material costs, risks related to anti-bribery, trade control, trade sanctions, and anti-corruption laws, risks related to changes in domestic and foreign laws and regulations, risks related to tax audits and changes in tax laws in different jurisdictions, risks related to deterioration in profitability, cash flow, and asset impairments, risks related to competition, risks related to agricultural marketplace, risks related to our substantial indebtedness, risks related to the outcomes of litigation and other legal proceedings, risks related to our ability to obtain and protect intellectual property, risks related to patent infringement challenges, risks related to governmental regulation, risks related to our ability to attract and retain key personnel, risks related to product or service liability claims, risks related to changing political conditions, risks related to climate change, risks related to our inability to meet stakeholder expectations around environmental, social, and governance objectives, risks related to tax legislation, and other factors discussed under the heading “Risk Factors” contained in Item 1A of the company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (SEC) on July 30, 2025, as well as any updates to those risk factors filed from time to time in the company’s Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. Neogen is not under any obligation, and it expressly disclaims any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise except as required by law.
2026-06-21 19:32 1mo ago
2026-06-18 09:00 1mo ago
Neogen® Committed to Helping Ranchers, Livestock Producers, and Horse Owners Fight Against New World Screwworm
NWS News Corp
FMP Stock News
Original source text
Neogen® Committed to Helping Ranchers, Livestock Producers, and Horse Owners Fight Against New World Screwworm Neogen Corporation (NASDAQ: NEOG), an innovative leader in food and animal safety solutions, today announced the expanded availability of FIFRA* Section 2(ee) recommendations for the use of Prozap® Insectrin X Concentrate and Prozap® Screw Worm and Ear Tick Aerosol as part of New World Screwworm (NWS) response efforts. These recommendations provide ranchers, livestock producers, and horse owners with an additional option to support fly management efforts.

In Texas, the Texas Department of Agriculture has approved Section 2(ee) recommendations for these products. Neogen is also making Section 2(ee) recommendations available in Florida, providing producers in both states with additional tools to incorporate into broader fly management programs.

While NWS was largely eradicated from the United States decades ago, recent developments have increased industry attention on prevention, vigilance, and effective fly control programs.

Whether addressing emerging concerns such as NWS or routine pest pressures, prevention and prompt wound management remain important components of herd health programs. Neogen offers a broad range of insect control solutions to help producers manage insect challenges across a variety of livestock environments. Among them, Prozap® Screw Worm and Ear Tick Aerosol can help protect wounds from flies and maggots while controlling a variety of labeled pests, including ticks, gnats, and lice. Prozap® Insectrin X Concentrate can be incorporated into broader fly management programs to help manage fly populations in and around livestock facilities.

USDA officials have emphasized the importance of continued vigilance, monitoring, and information sharing as the situation evolves. Although NWS has received increased attention in recent weeks, livestock producers continue to manage a range of insect-related challenges, including horn flies, stable flies, face flies, ticks, and lice, that can affect animal health, welfare, and productivity.

“Producers face insect pressure every season, making prevention and routine monitoring essential parts of herd management,” said Kirk Ramsey, DVM, MS, Professional Services Veterinarian with Neogen. “Integrated fly control programs, prompt wound management, and regular observation of animals can help producers address ongoing insect challenges while remaining prepared for emerging concerns.”

Neogen encourages livestock producers to work closely with their veterinarians and animal health advisors to develop insect management programs tailored to their operations and regional needs. For more information about Neogen's livestock insect control solutions, visit: https://info.neogen.com/Prozap or contact your Neogen representative.

*FIFRA refers to the Federal Insecticide, Fungicide, and Rodenticide Act. These recommendations are made as permitted under FIFRA Section 2(ee). Users must be in possession of the applicable recommendation at the time of pesticide application and comply with all product label directions and applicable state requirements.

**Important Use Information

The FIFRA Section 2(ee) recommendations for Prozap® Insectrin X Concentrate and Prozap® Screw Worm and Ear Tick Aerosol permit certain uses that do not appear on the EPA-approved product label. This recommendation has not been submitted to or approved by the U.S. Environmental Protection Agency (EPA). Users must have the 2(ee) recommendation in their possession at the time of application and must follow all applicable directions, restrictions, and precautions on the EPA-registered product label.

About Neogen

Neogen Corporation is committed to fueling a brighter future for global food security through the advancement of human and animal well-being. Harnessing the power of science and technology, Neogen has developed comprehensive solutions spanning the Food Safety, Livestock, and Pet Health & Wellness markets. A world leader in these fields, Neogen has a presence in over 140 countries with a dedicated network of scientists and technical experts focused on delivering optimized products and technology for its customers.

Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to the ability of Prozap® Screw Worm and Ear Tick Aerosol and Prozap® Insectrin X Concentrate to help ranchers, livestock producers, and horse owners fight against New World Screwworm; the ability of Prozap® Screw Worm and Ear Tick Aerosol to help protect wounds from flies and maggots while controlling a variety of labeled pests, including ticks, gnats and lice; and the ability of Prozap® Insectrin X Concentrate to be incorporated into broader control programs to help manage fly populations in and around livestock facilities.

These “forward-looking statements” are management’s present expectations of future events as of the date hereof and are subject to a number of known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially and adversely from those anticipated.

These risks include, but are not limited to risks relating to the integration of the 3M Food Safety business, risks related to potential tax benefits realized through the 3M transaction, risks related to tariffs and other trade measures, risks related to our international operations and expansion into new geographic markets, risks related to identified material weaknesses in our internal control over financial reporting, risks related to promoting internal growth and identifying and integrating acquisitions, risks related to failure of our systems infrastructure and security breaches of our information systems, risks related to disruption in our manufacturing and service operations, risks related to disruption of third-party package delivery services or pricing increases, risks related to dependence on key suppliers, risks related to the use of distributors for product sales, risks related to the development of new products and technologies, risks related to our ability to maintain a positive reputation, risks related to customer loss, risks related to increased raw material costs, risks related to anti-bribery, trade control, trade sanctions, and anti-corruption laws, risks related to changes in domestic and foreign laws and regulations, risks related to tax audits and changes in tax laws in different jurisdictions, risks related to deterioration in profitability, cash flow, and asset impairments, risks related to competition, risks related to agricultural marketplace, risks related to our substantial indebtedness, risks related to the outcomes of litigation and other legal proceedings, risks related to our ability to obtain and protect intellectual property, risks related to patent infringement challenges, risks related to governmental regulation, risks related to our ability to attract and retain key personnel, risks related to product or service liability claims, risks related to changing political conditions, risks related to climate change, risks related to our inability to meet stakeholder expectations around environmental, social, and governance objectives, risks related to tax legislation, and other factors discussed under the heading “Risk Factors” contained in Item 1A of the company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (SEC) on July 30, 2025, as well as any updates to those risk factors filed from time to time in the company’s Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. Neogen is not under any obligation, and it expressly disclaims any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260618868773/en/
2026-06-21 19:12 1mo ago
2026-06-17 11:31 1mo ago
Associated Bank Announces Fourth Annual Day of Service
ASB Associated Banc-Corp
FMP Stock News
Original source text
Nearly 2,600 employees to volunteer across six states, plus $13,400 in community grants and Stock the Box™ food drive to provide resources to local nonprofits addressing food insecurity

, /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") will hold its fourth annual Day of Service June 23–25, mobilizing nearly 2,600 employees to volunteer with more than 200 nonprofit organizations across Wisconsin, Illinois, Minnesota and parts of Missouri, Iowa and Nebraska. For the first time, colleagues from Iowa and Nebraska will participate in the initiative, extending the bank's commitment to strengthening the communities it now calls home. These communities became part of Associated following its recently completed merger with American National Corporation ("American National"), including its bank subsidiary, American National Bank.

Volunteers at Associated Bank's 2025 Day of Service. American National has deep roots in community engagement across Nebraska and Iowa. Day of Service carries that forward and gives employees from across the combined organization a chance to serve side by side. Each participating employee will receive dedicated volunteer time for their participation.

This year's programming centers on two areas of elevated community need: food security and youth services. Youth services is the top cause area that Associated colleagues choose when volunteering throughout the year. According to Feeding America1, nearly 14 million children across the country face food insecurity, a challenge that deepens in summer months when school meal programs are no longer available to fill the gap.

Volunteer activities across all six states will include repacking food at food banks and pantries, supporting youth summer programs and educational activities, community gardening and cleanup, and other projects shaped by each market's specific needs.

In addition, as part of the initiative, Associated is awarding $13,400 in community grants to 11 nonprofits. The grants support organizations working in food access, housing stability, youth development and community services.

"Day of Service has always been about more than a single day; it's a reflection of who we are as a company and how we show up for the communities we serve," said LaDonna Reed, senior vice president, director of Community Accountability and president of Associated Bank Foundation. "Welcoming our new colleagues in Iowa and Nebraska into this tradition for the first time is a proud moment. It's one of the most tangible ways we can demonstrate that being part of Associated means being invested in your community."

Ahead of the volunteer days, Associated Bank branches across all markets are hosting Stock the Box™, a public food drive running June 3–19. Community members are invited to drop off nonperishable, non-glass food items at local branches. All contributions go directly to area food pantries and nonprofit partners.

The Day of Service has grown steadily since its launch in 2023. Through 2025, the initiative has generated more than 20,500 volunteer hours with a community service value of more than $687,000. Last year, 59% of Associated colleagues, more than 2,400 employees, volunteered across 182 nonprofit organizations in 104 cities.

The Day of Service is one part of Associated's broader commitment to the communities it serves. The bank's $2 billion Community Commitment Plan provides loans and investments in support of community development, complemented by charitable contributions focused on programs that help families and neighborhoods grow and prosper.

ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of approximately $50 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking locations throughout Wisconsin, Illinois, Iowa, Minnesota, Missouri and Nebraska. The Company also operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com

ABOUT STOCK THE BOX™
Stock the Box™ is a public food drive initiative led by Associated Bank that collects nonperishable food items for local nonprofit organizations at select bank branches or other locations. The drives typically take place during Associated's annual Day of Service.

1 Source: https://www.feedingamerica.org/hunger-in-america/child-hunger-facts

Media Contact:
Andrea Kozek
VP/Senior Manager, Public Relations
920-491-7518

SOURCE Associated Banc-Corp
2026-06-21 19:12 1mo ago
2026-06-17 12:00 1mo ago
Associated Bank Announces Fourth Annual Day of Service
ASB Associated Banc-Corp
FMP Stock News
Original source text
Nearly 2,600 employees to volunteer across six states, plus $13,400 in community grants and Stock the Box™ food drive to provide resources to local nonprofits addressing food insecurity

, /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") will hold its fourth annual Day of Service June 23–25, mobilizing nearly 2,600 employees to volunteer with more than 200 nonprofit organizations across Wisconsin, Illinois, Minnesota and parts of Missouri, Iowa and Nebraska. For the first time, colleagues from Iowa and Nebraska will participate in the initiative, extending the bank's commitment to strengthening the communities it now calls home. These communities became part of Associated following its recently completed merger with American National Corporation ("American National"), including its bank subsidiary, American National Bank.

American National has deep roots in community engagement across Nebraska and Iowa. Day of Service carries that forward and gives employees from across the combined organization a chance to serve side by side. Each participating employee will receive dedicated volunteer time for their participation.

This year's programming centers on two areas of elevated community need: food security and youth services. Youth services is the top cause area that Associated colleagues choose when volunteering throughout the year. According to Feeding America1, nearly 14 million children across the country face food insecurity, a challenge that deepens in summer months when school meal programs are no longer available to fill the gap.

Volunteer activities across all six states will include repacking food at food banks and pantries, supporting youth summer programs and educational activities, community gardening and cleanup, and other projects shaped by each market's specific needs.

In addition, as part of the initiative, Associated is awarding $13,400 in community grants to 11 nonprofits. The grants support organizations working in food access, housing stability, youth development and community services.

"Day of Service has always been about more than a single day; it's a reflection of who we are as a company and how we show up for the communities we serve," said LaDonna Reed, senior vice president, director of Community Accountability and president of Associated Bank Foundation. "Welcoming our new colleagues in Iowa and Nebraska into this tradition for the first time is a proud moment. It's one of the most tangible ways we can demonstrate that being part of Associated means being invested in your community."

Ahead of the volunteer days, Associated Bank branches across all markets are hosting Stock the Box™, a public food drive running June 3–19. Community members are invited to drop off nonperishable, non-glass food items at local branches. All contributions go directly to area food pantries and nonprofit partners.

The Day of Service has grown steadily since its launch in 2023. Through 2025, the initiative has generated more than 20,500 volunteer hours with a community service value of more than $687,000. Last year, 59% of Associated colleagues, more than 2,400 employees, volunteered across 182 nonprofit organizations in 104 cities.

The Day of Service is one part of Associated's broader commitment to the communities it serves. The bank's $2 billion Community Commitment Plan provides loans and investments in support of community development, complemented by charitable contributions focused on programs that help families and neighborhoods grow and prosper.

ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of approximately $50 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking locations throughout Wisconsin, Illinois, Iowa, Minnesota, Missouri and Nebraska. The Company also operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com

ABOUT STOCK THE BOX™
Stock the Box™ is a public food drive initiative led by Associated Bank that collects nonperishable food items for local nonprofit organizations at select bank branches or other locations. The drives typically take place during Associated's annual Day of Service.

1 Source: https://www.feedingamerica.org/hunger-in-america/child-hunger-facts

Media Contact:
Andrea Kozek
VP/Senior Manager, Public Relations
920-491-7518

View original content to download multimedia:https://www.prnewswire.com/news-releases/associated-bank-announces-fourth-annual-day-of-service-302803296.html

SOURCE Associated Banc-Corp