This investment supports continued growth in Generac's Commercial & Industrial business amid rising demand from data centers and mission-critical applications
, /PRNewswire/ -- Generac Holdings Inc. (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, announced the acquisition of a new facility in Belvidere, Illinois. The investment will significantly expand the company's packaging capacity for large-megawatt (MW) generators as demand continues to accelerate across key sectors.
In February, Generac acquired Enercon Engineering, Inc., adding specialized expertise in generator enclosure manufacturing. Building on this capability and in response to rising demand, the new facility will complement Enercon's operations by expanding capacity for enclosure assembly and final packaging, delivering shipment-ready units to customers.
"As demand for reliable backup power continues to grow — particularly from data centers and other mission-critical industries —expanding our capacity to deliver large-megawatt solutions is essential," said Erik Wilde, EVP and President, Domestic C&I at Generac. "This investment strengthens our ability to scale efficiently while maintaining the quality and speed our customers expect."
This investment adds to Generac's continued investments to scale its Commercial & Industrial (C&I) business, including expanded operations in Oshkosh, Wisconsin, and new facilities in Beaver Dam and Sussex, Wisconsin. These efforts are complemented by strategic initiatives such as collaboration with EPC Power and the acquisition of Enercon Engineering. Together, these investments continue to strengthen Generac's domestic manufacturing footprint and position the company to meet growing demand across key markets.
The Belvidere facility is strategically located, providing direct access to major interstate systems and enabling efficient transport of large-scale equipment. The new facility will add more than 100 new jobs when it opens in the first quarter of 2027.
About Generac
Generac is a total energy solutions company that empowers people to use energy on their own terms. Founded in 1959, Generac is a leading global designer, manufacturer, and provider of a wide range of energy technology solutions. The Company provides power generation equipment, energy storage systems, energy management devices & solutions, and other power products and services serving the residential, commercial, data center, telecom, rental, and industrial markets. Generac introduced the first affordable backup generator and later created the automatic home standby generator category. The Company's broad portfolio of energy technology offerings for homes and businesses enables its mission to Power a Smarter World and lead the evolution to more resilient, efficient, and innovative energy solutions.
The U.S. nuclear sector reached a historic technical milestone earlier this month when Antares Nuclear’s Mark-0 microreactor achieved criticality at Idaho National Laboratory (INL). The June 4 demonstration marked the first time a privately developed advanced reactor reached this state under the Department of Energy’s (DOE) Reactor Pilot Program (RPP). It also represented the first novel reactor design to go critical at INL in more than 40 years.
This event provides concrete validation that reactor concepts can move from design and analysis into physical testing on accelerated timelines. It also underscores the supporting role in the nuclear supply chain of established companies that deliver the specialized fuel and components required for these tests.
Key Takeaways Antares Nuclear’s microreactor became the first advanced design to complete a criticality test under the DOE RPP. BWX Technologies (BWXT) manufactured and supplied the reactor fuel that powered the successful test. The demonstration clears the way for Aalo Atomics to pursue its own criticality milestone later this summer with support from Flowserve (FLS), another established constituent of the VettaFi Nuclear Renaissance Index (NUKZX). What Happened at INL Antares conducted the test at INL using the Mark-0, a microreactor fueled with high-assay low-enriched uranium (HALEU). The reactor reached a self-sustaining nuclear chain reaction, but produced essentially no measurable thermal power or electricity.
The Mark-0 configuration was built specifically as a low-power physics test bed. It lacks the power conversion equipment, full heat removal systems, and balance-of-plant infrastructure that a commercial or higher-power prototype would require. This focused setup allowed Antares to complete the fueled test safely on an accelerated schedule; the company transitioned from chalkboard to splitting atoms in only nine months.
Criticality is the condition in which a nuclear reactor achieves a self-sustaining fission chain reaction. In practical terms, it means the number of neutrons produced by fission exactly balances the number lost to absorption or leakage. The reactor is neither increasing nor decreasing in power on its own; it holds steady at whatever level the operators set through control systems.
BWXT’s Fuel Role and the Supply Chain Connection BWXT played a direct, enabling role by manufacturing the fuel used in the Mark-0 test. The company also processed the HALEU feedstock into the form needed for advanced reactors. This work built on BWXT’s prior fuel production experience for the Army’s Project Pele microreactor program.
The successful use of this fuel in the first RPP criticality test highlights how established manufacturers reduce technical risk for newer reactor developers. BWXT’s Lynchburg facility has decades of specialized nuclear fuel fabrication expertise that newer entrants can leverage rather than recreate from scratch.
Aalo Atomics Positioned to Follow Quickly Aalo Atomics, also participating in the DOE RPP, is targeting its own criticality demonstration with the Aalo-X critical test reactor in the coming weeks, with the goal of meeting the July 4 executive order timeline. Aalo has already secured DOE approval to begin reactor start up preparations at INL.
Aalo maintains a strategic partnership with Flowserve (FLS) focused on pumps, valves, and critical flow-control equipment for its modular reactor designs aimed at data center applications. Flowserve’s involvement provides Aalo with proven nuclear-grade components and engineering support as it moves toward its own criticality milestone.
Implications for Investors and the Nuclear Value Chain Early criticality demonstrations like the one completed by Antares de-risk advanced reactor concepts and compress development timelines. They demonstrate today’s nuclear industry is ready, willing, and able to build capacity at speeds not seen since the 1950s/1960s.
The VettaFi Nuclear Renaissance Index (NUKZX) captures exposure to these developments through companies such as BWXT, which supplied the enabling fuel, and Flowserve, which is already partnered with the next company expected to reach criticality. NUKZX includes a diversified mix of fuel cycle, component, engineering, and service providers positioned across the nuclear value chain. NUKZX serves as the underlying index for the Range Nuclear Renaissance Index ETF (NUKZ).
These milestones illustrate how progress on advanced reactors creates tangible opportunities for established public companies long before any single reactor developer reaches commercial revenue. For investors seeking broad participation in the nuclear renaissance without concentrating risk in pre-revenue reactor developers, the diversified approach embedded in NUKZX offers a practical path to capture value from the full ecosystem supporting these projects.
Related Research: Investing in X-energy Without the Pre-Revenue IPO Risk
Today’s Energy Crisis & the Need for Nuclear Tomorrow
Not All Nuclear Exposure Is Created Equally
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For more news, information, and analysis, visit the Nuclear Energy Content Hub.
vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for NUKZ, for which it receives an index licensing fee. However, NUKZ is not issued, sponsored, endorsed, or sold by VettaFi. VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of NUKZ.
The ongoing nuclear renaissance is entering an aggressive consolidation phase as public companies are snapping up private suppliers as they look to secure supply chains.
Key Takeaways Publicly traded nuclear energy companies are acquiring private supply chain companies to expand manufacturing depth and control deployment timelines. Industry players like BWX Technologies (BWXT), Nano Nuclear Energy (NNE), and Oklo (OKLO) have closed acquisitions to secure specialized engineering assets. The Range Nuclear Renaissance ETF (NUKZ) offers investors diversified exposure across this entire nuclear value chain. 3 Recent M&A Deals in the Nuclear Sector Three holdings in the Range Nuclear Renaissance ETF (NUKZ) have completed acquisitions of private supply chain companies to bolster their operations during the ongoing nuclear renaissance.
First, BWX Technologies (BWXT) has entered into a definitive agreement to acquire Precision Components Group (PCG). The strategic transaction adds more than 500,000 square feet of complex, heavy-walled and heat-transfer component capacity in the U.S. PCG generated approximately $125 million in revenue in 2025, providing BWXT with immediate commercial nuclear footprint expansion.
Next, Nano Nuclear Energy (NNE) has expanded its infrastructure footprint by acquiring Secured Transportation Services (STS). This acquisition ensures the microreactor developer controls the highly regulated logistics and transport mechanisms required for nuclear fuel and materials.
Finally, just this week, Oklo (OKLO) announced its acquisition of ARMEC, a precision manufacturing and mechanical engineering firm. The free-cash-flow-positive target company brings over two decades of operating experience in high-precision machining and prototyping. The integration directly aims to support faster design-to-manufacturing feedback for Oklo’s advanced reactor and fuel fabrication programs.
Capitalizing on the Value Chain via NUKZ The Range Nuclear Renaissance ETF (NUKZ) is designed to capture the entire nuclear value chain, incorporating multiple companies at every stage of the nuclear renaissance. This includes advanced reactor developers, utilities, construction services, as well as fuel suppliers. This allows investors to capture the secular growth of nuclear power while bypassing the complexity of managing foreign currency conversions or international brokerage accounts.
Looking for nuclear insights in your inbox? Subscribe here to keep a pulse on nuclear investing through our weekly research.
For more news, information, and analysis, visit the Nuclear Energy Content Hub.
vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for NUKZ, for which it receives an index licensing fee. However, NUKZ is not issued, sponsored, endorsed, or sold by VettaFi. VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of NUKZ.
June 15, 2026 06:29 ET | Source: Akamai Technologies, Inc.
Unified framework secures and scales interactions across the emerging AI-driven economyKnow Your Agent protocol verifies identity and human attribution by linking AI agents to authorized human usersReal-time decisioning layer connects identity and behavior to automate secure digital commerceDistributed edge enforcement protects performance while validating every automated requestEnhanced visibility allows organizations to distinguish, manage, and monetize agentic traffic
CAMBRIDGE, Mass., June 15, 2026 (GLOBE NEWSWIRE) -- As AI agents increasingly act on behalf of users, every request raises critical questions of identity, intent, and trust. To address this, Akamai (NASDAQ: AKAM) today announced its unified agentic framework for its Bot & Agent Control solutions, which connects identity, observability, trust, and edge security into a single, real-time decisioning layer to power scalable AI-driven interactions at the edge.
Six tightly integrated pillars form the framework, which are delivered through a coordinated ecosystem of partners:
Verified identity and human attribution: Through its collaboration with Visa, Akamai is establishing a trusted foundation by authenticating AI agents for secure, permissioned transactions. Integrations with frameworks like Visa’s Trusted Agent Protocol are helping define how agents operate in payment environments, setting clearer standards for authorization, permissions, and transaction-level trust. Akamai is also collaborating with Skyfire and Experian to strengthen trusted AI agent identity through the “Know Your Agent” (KYA) framework, which provides a standardized way for agents to declare identity, origin, and intent, linking them to the platforms they operate on and the users they represent. KYA can help ensure that an AI agent is not only legitimate but is also verified as acting on behalf of a specific, authorized individual. This provides the accountability required for merchants to process automated transactions safely.“Without trusted identity and explicit permissioning, AI agents cannot participate in commerce at scale,” said Rubail Birwadker, SVP, Head of Growth Products and Partnerships, Visa. “Visa’s Trusted Agent Protocol provides the identity layer that defines how agents are authenticated, authorized, and trusted at the transaction level so businesses and consumers can transact with confidence.”
“AI agents are quickly becoming part of digital commerce, but trust will determine how far and how fast adoption grows,” said Kathleen Peters, Chief Innovation Officer at Experian. “With the Experian Agent Trust framework, we are helping businesses bring more transparency and accountability to AI-driven interactions by verifying identities, assessing risk, and strengthening confidence in every transaction. Our collaboration with Akamai and other ecosystem leaders reflects the industry’s shared commitment to building a secure foundation for agentic commerce that consumers and businesses can trust in real time.”
“AI agents can’t participate in the economy without trusted identity and the ability to transact,” said Amir Sarhangi, Co-Founder and CEO of Skyfire. “Skyfire provides that foundation — enabling agents to authenticate, operate within policy, and access global payment rails. With Akamai, we’re bringing that trust layer to the edge, so enterprises can securely enable trusted agents without re-architecting their existing systems.”
User-centric authentication: To maintain security during the handoff between a human and an AI agent, Akamai integrates with identity providers such as Auth0 and Ping Identity. These integrations allow businesses to apply existing security policies, such as behavioral analysis and multi-factor authentication, to the AI agents their customers use. This ensures that the agent’s actions remain consistent with the user’s established identity, behavior, and intent.“AI agents introduce a new trust challenge because session-based trust alone is no longer sufficient. Organizations need to understand who they represent, what agents are allowed to do, and how their actions are governed in real time,” said Loren Russon, SVP Product Management, Ping Identity. “By combining Ping’s runtime identity capabilities with Akamai’s edge enforcement and visibility, enterprises can extend identity and access controls to AI-driven interactions with stronger accountability and oversight.”
Adaptive trust analysis: The framework enables organizations to dynamically determine the trustworthiness and intent behind every interaction across browsers, bots, and agents. This shifts beyond binary decision-making toward a spectrum of trust that puts the user at the center, allowing customers to identify which interactions support business outcomes and which introduce abuse, fraud, or operational risk.Edge-based enforcement: Security and performance requirements for AI interactions are being met through Akamai’s distributed edge network. By utilizing high-performance compute, Akamai can evaluate the risk and intent of an agentic request instantly. Processing these decisions at the edge, Akamai helps businesses maintain security and control without compromising the speed of the user experience.Content monetization and value exchange: As AI models and agents consume more web content, the framework provides a path for fair compensation. Through partnerships with TollBit and Skyfire, Akamai enables publishers and content owners to negotiate access and facilitate tokenized, pay-per-request models. This allows businesses to monetize their data while providing AI agents with the licensed access they need to function.“AI agents are the new visitors and shoppers of the internet, and websites need a way to transact with them,” said Toshit Panigrahi, Co-Founder and CEO of TollBit. “By using Akamai’s ability to identify agentic traffic at the edge and redirect it to TollBit’s Agent Site, businesses can send agents to a dedicated, agent-optimized destination where they enforce their own access rules and turn it into a new revenue stream, making AI traffic a source of value rather than a cost.”
Operational visibility and traffic analysis: Through TrafficPeak and our industry-leading web security analytics, Akamai provides organizations with a unified view of their web traffic, distinguishing between human users, beneficial AI agents, and malicious bots. These high-scale log analyses allow security and business teams to observe how agents interact with their sites over time, providing the data necessary to refine access controls and commercial strategies. “AI agents are replacing clicks, acting and handling commerce for us. For that to work, businesses need to recognize not just the agent, but who is behind it and what it’s trying to do,” said Patrick Sullivan, VP, CTO of Security Strategy, Akamai. “We’ve built this so that identity informs visibility, visibility drives trust, and trust powers the decisions that let companies safely grow and monetize these new AI interactions. We’re giving businesses the confidence to open their doors to AI without compromising security.”
Across its ecosystem, Akamai is helping businesses move toward a unified approach to managing bots, agents, and users. The result is a scalable model where every interaction is verified, understood, and acted on in real time.
About Akamai
Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense in depth to safeguard enterprise data and applications everywhere. Akamai’s full-stack cloud computing solutions deliver performance and affordability on the world’s most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at akamai.com and akamai.com/blog, or follow Akamai Technologies on X and LinkedIn.
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Hub Group Inc. (NASDAQ:HUBG) for potential securities fraud after significant stock drops.
If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.
Key Details of the Hub Group ($HUBG) Class Action Investigation:
Investigation Overview: Securities fraud regarding Hub Group’s financial restatements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023 due to prematurely or incorrectly recognized transactions.Stock Declines: February 6, 2026 - 18% Stock DropMay 12, 2026 - 13% Stock Drop Action: Contact BFA Law to discuss your rights
Why is Hub Group Being Investigated for Securities Fraud?
Hub Group is a supply chain solutions provider that offers transportation and logistics management services. Hub Group is one of the largest freight transportation providers in North America.
BFA is investigating Hub Group’s financial statements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023, due to prematurely or incorrectly recognized transactions.
Why did Hub Group’s Stock Drop?
On February 5, 2026, Hub Group announced that it would delay the full release of its fourth quarter and full year 2025 financial results and will restate its financial statements for the first three quarters of 2025 due to an error that understated purchased transportation costs and accounts payable.
This news caused the price of Hub Group stock to decline $9.37 per share, or 18%, from a closing price of $51.33 per share on February 5, 2026, to $41.96 per share on February 6, 2026.
Then, on May 12, 2026, Hub Group announced that its previously issued audited financial statements for the years ended December 31, 2024 and 2023 were materially misstated and should no longer be relied upon. Hub Group stated that it identified premature or incorrectly recognized transactions and that it expects to conclude that it did not maintain effective disclosure controls and internal control over financial reporting for the years ended December 31, 2024 and 2023.
This news caused the price of Hub Group stock to decline $5.24 per share, or 13%, from a closing price of $41.86 per share on May 11, 2026, to $36.62 per share on May 12, 2026.
Click here for more information: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.
What Can You Do?
If you invested in Hub Group, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
VANCOUVER, British Columbia, June 15, 2026 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (NASDAQ: AEC; TSX.V: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce a key milestone in its equipment procurement program. The Company has received the first custom-built underground haul truck off the Young’s Machine Company (“Young’s”) production line, following its 2025 order for specialized mining equipment.
Anfield representatives visited the Young’s facility in Monticello, Utah, and were present in person to receive the first truck off the production line. This delivery marks an integral step forward as Anfield advances toward production. The new truck is currently slated for operation at the Velvet-Wood uranium-vanadium mine in southeastern Utah. Later in the year, it will be relocated to the Company’s Colorado mines once the larger underground haul trucks are completed and delivered.
Corey Dias, CEO of Anfield, commented: “Receiving the first truck off the production line is an important milestone which underscores our strong partnership with a proven local Utah manufacturer and our shared commitment to building a robust American supply chain for domestic uranium production. Young’s Machine Company’s long-standing expertise in serving the Western mining sector makes it an ideal partner as we ramp up production not only at Velvet-Wood, JD-8 and Slick Rock, but also across our other mines as part of our hub-and-spoke model.”
A representative from Young’s Machine Company added: “Anfield’s important work is key to securing U.S. energy independence. Delivering this first unit on schedule highlights our capability to produce high-quality, custom underground mining equipment right here in Utah’s mining heartland.”
Additionally, Anfield has reached a further agreement with Young’s, under which Young’s will supply underground loaders to support Anfield’s mining operations across its projects. This underground equipment will be enough to support initial development and production from Anfield’s operations at Velvet-Wood, JD-8, and Slick Rock.
About Young’s Machine Company
Young’s Machine Company is a third-generation, family-owned manufacturer based in Monticello, Utah, that has been producing custom underground haul trucks and specialized mining equipment since 1953 — spanning over 70 years of service to the Western U.S. mining industry. Located in the heart of Utah’s historic uranium mining region on the Colorado Plateau, Young’s has built a strong reputation for “mine-tested” equipment tailored to the rugged demands of underground operations in the American West. This partnership reinforces Anfield’s commitment to local supply chains and domestic manufacturing in support of U.S. uranium production.
About Anfield
Anfield is a uranium and vanadium development company that is committed to becoming a top-tier energy-related fuels supplier by creating value through sustainable, efficient growth in its assets. Anfield is a publicly traded corporation listed on the NASDAQ (AEC-Q), the TSXV (AEC-V) and the Frankfurt Stock Exchange (0AD).
Career Opportunities
As Anfield Energy continues to expand its U.S. operations amid strong momentum in the domestic nuclear sector, the Company is actively attracting and hiring top talent in mining, milling, and related technical fields. Interested candidates are encouraged to visit the Anfield Energy website at www.anfieldenergy.com for current job openings and career opportunities.
On behalf of the Board of Directors
ANFIELD ENERGY INC.
Corey Dias, Chief Executive Officer
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Anfield Energy, Inc.
Corporate Communications
604-669-5762 [email protected]
www.anfieldenergy.com
This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as “seek”, “expect”, “anticipate”, “budget”, “plan”, “estimate”, “continue”, “forecast”, “intend”, “believe”, “predict”, “potential”, “target”, “may”, “could”, “would”, “might”, “will” and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved” (including negative variations). Forward-looking statements in this release include, but are not limited to, statements regarding the Company’s business plans, objectives and strategies of operations, including, without limitation, the Company’s refurbishment and reactivation plans for Shootaring and the Company’s plans for advancing its Velvet-Wood, JD-8 and Slick Rock mines. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, among other things: risk related to the Company’s refurbishment and reactivation plans for Shootaring; risks related to the plans for advancing its Velvet-Wood, JD-8 and Slick Rock mines; the risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the need to comply with environmental and governmental regulations in Canada and the United States; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties and other such factors as are set forth in the annual information form for the Company’s most recently completed year end, as well as the management discussion and analysis and other disclosures of risk factors for the Company, filed on SEDAR+ at www.sedarplus.ca. Although the Company believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
GRAND FALLS-WINDSOR, Newfoundland and Labrador, June 15, 2026 (GLOBE NEWSWIRE) -- First Atlantic Nickel & Cobalt Corp. (TSXV: FAN | OTCQB: FANCF | FSE: P21) (the “Company” or “First Atlantic”) is pleased to announce the visual results of the first drill hole at the Alloy Max Zone, the Company’s second large-scale awaruite (Ni₃Fe) nickel-cobalt alloy discovery. The Alloy Max Zone is located approximately 7 km north of the discovery at the RPM Zone within the 30 km Pipestone Ophiolite Complex at the Company’s Pipestone XL Nickel-Cobalt Alloy Project in central Newfoundland.
The first hole at Alloy Max North, XL-26-15, intersected visibly disseminated awaruite over its entire 414-meter length and ended in mineralization, with visual abundance and grain size increasing down hole toward the east. The visual identification of disseminated awaruite indicates the potential for a second large area of mineralization within the Pipestone XL project in addition to the RPM Zone.
Drilling is ongoing at Alloy Max North and South, with additional drill holes underway from additional drill pads. At each location, Company’s geologists identified visible awaruite in exposed bedrock prior to drilling, providing further support for the surface expression of awaruite mineralization across the zone.
KEY HIGHLIGHTS
First Drill Hole Confirms a Second Large-Scale Discovery: XL-26-15, the first hole drilled at Alloy Max North, establishes a new mineralized area approximately 5.2 km north of the RPM Zone discovery hole AN-24-02. The visual identification of disseminated awaruite indicates the potential for a second large area of mineralization within the Pipestone XL project in addition to the RPM Zone.Visible Awaruite Over the Entire 414-Meter Drill Hole: Drilled at a 60-degree dip to the east, XL-26-15 intersected visibly disseminated awaruite throughout its 414-meter length and ended in open mineralization, with visual abundance and grain size increasing down hole.Only 200 m of Lateral Width of 1.5 km Drill-Tested: XL-26-15 tested approximately 200 meters of width within a zone mapped roughly 1.5 km wide, leaving approximately 1.3 km of untested width to the east, where mineralization visually improves down hole.4 km Strike Length, Significantly Larger Than the RPM Zone: Alloy Max spans approximately 4 km of strike and is significantly larger than the RPM Zone in both strike length and width (area), defined by geological mapping, geophysics and surface Davis Tube Recovery (“DTR”) sampling.Significantly Larger Target Footprint Than the RPM Zone: As outlined in the Company’s March 18 and April 8, 2026 news releases, Alloy Max represents a significantly larger target than the RPM Zone. The Company now believes the Alloy Max Zone could measure up to 1.5 km in width and 4 km in strike length. At the RPM Zone, drill-core DTR grades returned significantly higher magnetically recoverable nickel than average surface samples collected from the same area.Drilling to Test Open Mineralization to the East: Further drilling at Alloy Max North will step east into the larger mineralized area, where mineralization improved with depth in XL-26-15.Visible Awaruite Identified in Surface Bedrock Before Drilling: Minimal overburden allowed Company geologists to expose and directly sample bedrock at Alloy Max North and South, where visible awaruite was identified at additional drill pad locations before drilling. For investor inquiries or questions, please call Rob Guzman, Investor Relations, at +1-844-592-6337 or email [email protected].
The Company's new white paper, Onshoring the Nickel-Cobalt Supply Chain. Without a Smelter, released on June 9, 2026, is available now at www.fanickel.com.
DISCOVERY HOLE XL-26-15: 414 METERS OF VISIBLE AWARUITE AT ALLOY MAX NORTH
XL-26-15 is the first drill hole completed at Alloy Max North and the discovery hole for the Alloy Max Zone, a new large-scale awaruite zone located approximately 5.2 km north of the Company’s RPM Zone discovery hole, AN-24-02. Drilled at a 60-degree dip to the east, XL-26-15 intersected visibly disseminated awaruite over its entire 414-meter length and ended in open mineralization. Visual abundance and grain size increased down hole toward the east, indicating that the system strengthens in that direction and remains open for expansion.
The hole tested only a narrow slice of the zone, covering approximately 200 meters of width against a mapped width of roughly 1.5 km and leaving the large majority of the approximately 4 km strike length undrilled. Drilling is now continuing in the Alloy Max Zone across additional drill pads, where minimal overburden has allowed Company geologists to expose and sample bedrock directly and identify visible awaruite prior to drilling, consistent with the surface sampling results reported on March 18, 2026.
Much of this ground had seen little historical exploration, with prior operators not testing specifically for awaruite or conducting DTR analysis. Improved road access and drier ground conditions have allowed the Company to access the Alloy Max area where drilling is ongoing.
Alloy Max North has the potential to be represent a new, larger area of disseminated awaruite mineralization in addition to the RPM Zone, in line with the Company’s mission to develop a multi-deposit nickel-cobalt alloy mining district with centralized onshore processing feeding directly into downstream industries, bypassing midstream smelting constraints in North America.
THE ALLOY MAX ZONE: A SECOND LARGE-SCALE AWARUITE DISCOVERY
The Alloy Max Zone was first announced on March 18, 2026, following district-wide surface sampling that integrates field geological mapping, surface rock sampling with DTR analysis, and geophysics. This work outlined a major new area of magnetically recoverable awaruite mineralization up to approximately 7 km north of the RPM Zone. The initial target area measures approximately 4 km in length and 1.5 km in width, with geophysical processing indicating the potential for a mineralized area larger than the RPM Zone.
Surface DTR sampling at Alloy Max has returned magnetically recoverable nickel grades comparable to surface values at the RPM Zone, where drill core has consistently returned significantly higher DTR grades than weathered surface samples. This established relationship between surface and drill-core grades forms the basis for the Company’s expectation of higher grades at depth, and was a factor in Alloy Max being selected as a priority drill target for 2026.
The Pipestone Ophiolite Complex is a major belt of ultramafic rocks emplaced along a continental-scale fault system. The Company believes Alloy Max is related to this major tectonic event, which would have supplied the large volumes of heat and fluid required to form awaruite. Awaruite forms during serpentinization, when ultramafic rock reacts with water, interpreted here to have been sourced from ocean water, generating the large volumes of molecular hydrogen (H₂) needed to reduce nickel to its native metallic alloy state. A regional, crustal-scale fault structure cuts the 30 km Pipestone XL Ophiolite Complex, providing the pathway for fluids to interact with the host rock, generate hydrogen, and reduce nickel to metal across the trend.
AWARUITE CONFIRMED AT THE RPM ZONE: 77.62% NICKEL, 1.69% COBALT
On May 21, 2026, the Company confirmed awaruite at the RPM Zone through electron microprobe analysis by SGS Canada Inc., which averaged 77.62% nickel and 1.69% cobalt.
These results confirm the high-grade, naturally magnetic nickel-iron-cobalt (Ni-Fe-Co) alloy at Pipestone XL, a metallic mineralogy that can be concentrated through magnetic separation and flotation and processed onshore directly into downstream nickel and cobalt products, bypassing conventional smelting, roasting and high-pressure acid leaching.
GEOLOGIC HYDROGEN AND THE VEMA HYDROGEN JOINT VENTURE
The same serpentinization process associated with awaruite formation at Pipestone XL also generates hydrogen, and the Company is advancing a parallel geologic hydrogen initiative alongside its nickel-cobalt program. As announced on June 9, 2026, First Atlantic and Vema Hydrogen signed a letter of intent to jointly develop low-carbon Engineered Mineral Hydrogen (EMH) at Pipestone XL through a proposed 50/50 joint venture. The presence of awaruite, which forms only when hydrogen reduces nickel and iron during serpentinization, is a direct geological signature of a hydrogen-generating system.
Samples from the Alloy Max Zone, including drill core from XL-26-15 and subsequent holes, will be used in the Company’s Engineered Mineral Hydrogen (EMH) evaluation work at Pipestone XL.
Figure 1. Visible Awaruite Grains up to 382 microns in drill hole XL-26-15 at 340 Meters, Alloy Max North.
Figure 2. Visible Awaruite Grains up to 160 microns in drill hole XL-26-15 at 256 Meters, Alloy Max North.
Figure 3. Visible Awaruite Grains up to 298 microns in drill hole XL-26-15 at 106 Meters, Alloy Max North.
Figure 4. Map of the Alloy Max and RPM Zone areas showing DTR nickel (%) in surface rock samples, including 2026 Alloy Max drill pad locations and the RPM 2025 drill holes.
AWARUITE: A SMELTER-FREE NICKEL-COBALT ALLOY (Ni₃Fe)
Figure 5: USGS quote on awaruite nickel-iron-cobalt alloy.
Awaruite is a naturally occurring, sulfur-free nickel-iron-cobalt alloy with nickel content of approximately 77%. Because it already exists in a metallic state, awaruite can be processed into a high-grade concentrate of approximately 60% nickel through magnetic separation and flotation, without smelting, roasting, or high-pressure acid leaching. This concentrate can be sent directly for downstream battery chemical refining or for the manufacture of specialty alloys and stainless steel.
As stated in the August 2025 report From Rocks to Power: Strategies to Unlock Canada’s Critical Minerals for Global Leadership in Energy Storage, EVs, & Beyond from the Battery Metals Association of Canada:
“Awaruite is not a sulfide nor an oxide nickel ore but a high-content native nickel-iron ore. Simple beneficiation processes after mining could provide 60% Ni concentrate, ready for leaching for battery cathode purposes and would yield MHP as a by-product. This process would bypass pyrometallurgy or early hydrometallurgy stages and be among the lowest carbon-intensive nickel production sites in the global nickel market.”1
The U.S. Geological Survey highlighted awaruite’s potential in its Mineral Commodity Summaries 2012, stating:
“The development of awaruite deposits in other parts of Canada may help alleviate any prolonged shortage of nickel concentrate. Awaruite, a natural iron-nickel alloy, is much easier to concentrate than pentlandite, the principal sulfide of nickel.”2
The absence of sulfur reduces the risk of acid mine drainage and certain permitting challenges commonly associated with sulfide mineralization, positioning awaruite to supply North American industries including stainless steel, electric vehicles, aerospace, and defence.
INVESTOR INFORMATION
The Company’s common shares trade on the TSX Venture Exchange under the symbol “FAN”, the American OTCQB Exchange under the symbol “FANCF” and on several German exchanges, including Frankfurt and Tradegate, under the symbol “P21”.
Investors can get updates about First Atlantic by signing up to receive news via email and SMS text at www.fanickel.com.
Adrian Smith, P.Geo., a director and the Chief Executive Officer of the Company is a qualified person as defined by NI 43-101. The qualified person is a member in good standing of the Professional Engineers and Geoscientists Newfoundland and Labrador (PEGNL) and is a registered professional geoscientist (P.Geo.). Mr. Smith has reviewed and approved the technical information disclosed herein.
About First Atlantic Nickel & Cobalt Corp.
First Atlantic Nickel & Cobalt Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) is a critical mineral exploration company in Newfoundland & Labrador developing the Pipestone XL Nickel-Cobalt Alloy Project. The project spans the entire 30-kilometer Pipestone Ophiolite Complex, where multiple zones, including RPM, Alloy Max, Super Gulp, Atlantic Lake, and Chrome Pond, contain awaruite (Ni₃Fe), a naturally occurring magnetic nickel-iron-cobalt alloy of approximately ~77% nickel with no sulfur and no sulfides, along with secondary chromium mineralization. Awaruite’s sulfur-free composition removes acid mine drainage (AMD) risks, while its unique magnetic properties enable processing through magnetic separation, eliminating the electricity requirements, emissions, and environmental impacts of conventional smelting, roasting, or high-pressure acid leaching while reducing dependence on overseas nickel processing infrastructure.
The U.S. Geological Survey recognized awaruite’s strategic importance in its 2012 Annual Report on Nickel, noting that these deposits may help alleviate prolonged nickel concentrate shortages since the natural alloy is much easier to concentrate than typical nickel sulfides. The Pipestone XL Nickel-Cobalt Alloy Project is located near existing infrastructure with year-round road access and proximity to hydroelectric power. These features provide favorable logistics for exploration and future development, strengthening First Atlantic’s role to establish a secure and reliable source of North American nickel production for the stainless steel, electric vehicle, aerospace, and defense industries. This mission gained importance when the U.S. added nickel to its critical minerals list in 2022, recognizing it as a non-fuel mineral essential to economic and national security with a supply chain vulnerable to disruption.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently identified by words such as "expects", "intends", "plans", "anticipates", "believes", "may", "will", "would", "could", "potential", "proposed", "target", "prospective", "indicates", "designed to", "expected to" and similar expressions, or statements that events, conditions or results "will", "may", "could", "would" or "should" occur or be achieved.
Forward-looking information in this news release includes, but is not limited to, statements regarding the Company’s exploration plans, results, expectations and objectives at the Pipestone XL Nickel-Cobalt Alloy Project; the interpretation of visual mineralization, awaruite abundance and grain size observed in drill core; the potential scale, continuity, geometry, width, strike length and expansion potential of the Alloy Max Zone; the potential for Alloy Max to represent a second large-scale mineralized zone or discovery in addition to the RPM Zone; the potential for the Pipestone XL Project to host multiple deposits or support a future nickel-cobalt mining district; the future of onshore processing; the expectation that mineralization may continue or improve to the east or at depth; the Company’s plans for additional drilling at Alloy Max North, Alloy Max South, RPM and elsewhere within the Pipestone Ophiolite Complex; the expectation that drill-core DTR grades may be higher than surface sample grades; the geological interpretation of the Pipestone Ophiolite Complex, including the role of serpentinization, regional structures, fluids, hydrogen generation and awaruite formation; the Company’s plans to evaluate geologic hydrogen potential; the proposed joint venture with Vema Hydrogen and the potential development of low-carbon EMH; and the potential use of samples from Alloy Max, RPM and other areas for future hydrogen evaluation work.
Forward-looking information is based on a number of assumptions that management considers reasonable as of the date of this news release, including assumptions regarding the accuracy of visual observations, geological mapping, geophysical interpretations, DTR sampling and other exploration data; the continuity and geometry of mineralization; the relationship between surface sampling and drill-core results; the Company’s ability to complete planned drilling, sampling, assaying, metallurgical, hydrogen and other technical work; the availability of financing, equipment, personnel, contractors, permits and road access; the continued validity of the Company’s geological model; the ability of the Company and Vema Hydrogen to negotiate, finalize and implement definitive joint venture arrangements; and general business, market, commodity price and regulatory conditions.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, risks associated with early-stage mineral exploration; the risk that visual observations of mineralization may not correlate with assay results, DTR results, recoverability, grade, tonnage or economic viability; the risk that future drilling may not confirm the expected continuity, scale, grade, width or depth extent of mineralization; the risk that surface sampling, geophysical data and geological interpretations may not accurately predict subsurface mineralization; uncertainty regarding metallurgical recoverability and processing characteristics; uncertainty regarding the potential generation, recovery, storage, commerciality or development of geologic hydrogen; risks relating to the negotiation and completion of definitive agreements with Vema Hydrogen; permitting, environmental, access, title, regulatory and community-related risks; the availability of capital and financing on acceptable terms; changes in commodity prices, market conditions and investor sentiment; operational risks; weather and seasonal access limitations; and the other risks described in the Company’s public disclosure documents.
The Company is an exploration-stage issuer and has not established mineral resources or mineral reserves at the Pipestone XL Nickel-Cobalt Alloy Project. There can be no assurance that further exploration or technical work will result in the delineation of mineral resources or mineral reserves, or that the project will be advanced to production. Readers should not place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date of this news release, and the Company undertakes no obligation to update or revise such information except as required by applicable law.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/76c3c075-4da1-4a06-9248-f5b7a2335cb0
https://www.globenewswire.com/NewsRoom/AttachmentNg/acfe3c10-00df-4f52-a5c2-9d266ee27a91
https://www.globenewswire.com/NewsRoom/AttachmentNg/7e3a1a28-ca0e-4e7c-9123-80df309de5da
https://www.globenewswire.com/NewsRoom/AttachmentNg/221f6c2e-2cbf-4f38-a7bd-a0aacc52522c
https://www.globenewswire.com/NewsRoom/AttachmentNg/7509daf3-3322-499d-9142-2b4f05f9de61
First Advantage (FA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Recognized for advancing intelligent microgrid systems that enhance energy resilience, support decarbonization, and ensure operational continuity
, /PRNewswire/ -- Frost & Sullivan is pleased to announce that Ameresco has received the 2026 North America Technology Innovation Leadership Recognition in the Microgrid sector. Frost & Sullivan recognized Ameresco for its ability to design, deploy, and operate advanced microgrid systems that integrate distributed energy resources, energy storage, and intelligent controls to improve energy resilience, support decarbonization, and ensure operational continuity across mission-critical applications. This recognition highlights Ameresco's consistent leadership in driving measurable outcomes, strengthening its market position, and delivering customer-centric innovation in an evolving competitive landscape.
Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Ameresco excelled in both, demonstrating its ability to align strategic initiatives with market demand while executing them with efficiency, consistency, and scale. "Building on this technological foundation, Ameresco develops and deploys advanced microgrid systems that function as intelligent energy platforms. Through integrated control architectures, real-time monitoring, and lifecycle optimization, these systems dynamically manage energy flows, enhance system reliability, and reduce dependence on centralized infrastructure," said Chippy Alphons Augustine, Research Analyst at Frost & Sullivan.
Guided by a long-term strategy focused on energy resilience, distributed energy infrastructure, and customer-centric project delivery, Ameresco has successfully expanded its microgrid footprint across federal, municipal, utility, and commercial markets. The company's continued investment in advanced microgrid technologies and integrated energy solutions has enabled it to scale deployments across North America while addressing evolving customer requirements for reliability, energy security, and sustainability.
Technology leadership remains central to Ameresco's approach. Its suite of integrated microgrid solutions addresses the full spectrum of modern energy needs, offering flexibility, scalability, and high-performance energy optimization. Ameresco's technology-agnostic approach enables the integration of renewable generation, energy storage, and dispatchable energy resources into site-specific microgrid configurations tailored to customer operational requirements.
"We're honored to be recognized by Frost & Sullivan for our leadership in microgrid innovation," said Nicole Bulgarino, Co-President of Ameresco. "We believe the future of power must be more resilient, intelligent, and adaptable, and we remain committed to helping our customers modernize their energy infrastructure in ways that strengthen reliability, support sustainability, and create lasting value."
Ameresco's unwavering commitment to customer experience further strengthens its position in the market. Its integrated delivery model combines project development, financing, engineering, construction, and long-term operations, enabling customers to realize value throughout the project lifecycle. Through real-time system visibility, operational oversight, and high levels of system performance, the company continues to meet the needs of its expanding customer base. The company's deployment portfolio spans federal agencies, municipalities, utilities, and commercial customers, including mission-critical environments where reliability and energy security are essential. Its technology-agnostic approach and focus on localized, mission-critical deployments have been key to delivering long-term value across diverse sectors.
Frost & Sullivan commends Ameresco for setting a high standard in competitive strategy, execution, and market responsiveness. The company's ability to combine technology innovation, disciplined execution, and long-term operational expertise is helping advance resilient energy infrastructure solutions that address the evolving needs of modern power systems.
Each year, Frost & Sullivan presents the Technology Innovation Leadership to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition identifies forward-thinking organizations that are reshaping their industries through innovation and growth excellence.
Frost & Sullivan Best Practices Recognition
Frost & Sullivan's Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.
Contact:
Ashley Shreve
E: [email protected]
Media Contact:
Ameresco: Leila Dillon, 508-661-2264, [email protected]
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading energy infrastructure solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the global energy transition. Our comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. As a trusted full-service partner, Ameresco shows the way by reducing energy use and delivering energy infrastructure solutions to Federal, state and local governments, utilities, data centers, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Headquartered in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit www.ameresco.com.
LOS ANGELES, June 15, 2026 /PRNewswire/ -- BRC Group Holdings, Inc. (Nasdaq: RILY) ("BRC" or the "Company") today provided supplemental information regarding its indirect economic interest in Space Exploration Technologies Corp. ("SpaceX"), following SpaceX's initial public offering on June 12, 2026 (the "IPO"). The Company discussed this interest in its latest filing on Form 10-Q for the quarterly period ended March 31, 2026 filed on May 7, 2026 and its most recent quarterly earnings call on May 7, 2026.
According to recent news, Constellation Energy announced on June 1 an underwritten public offering of 11 million shares.
ManpowerGroup Inc. (NYSE:MAN) has “never really been a great win” for him, Cramer said.
On April 30, ManpowerGroup announced the sale of its Jefferson Wells U.S. business to Sikich for a transaction value of $100 million.
Cramer recommended holding on to Credo Technology Group Holding Ltd (NASDAQ:CRDO), adding that it is “just so good.”
On the earnings front, Credo Technology Group, on June 1, posted fourth-quarter revenue of $437 million, beating analyst estimates of $432.05 million. The connectivity solutions company reported adjusted earnings of $1.16 per share for the quarter, beating analyst estimates of $1.03 per share, according to Benzinga Pro.
Cramer said he doesn't want Perrigo Company plc (NYSE:PRGO), adding that it's a “value trap” and doesn't have any growth.
According to recent news, Perrigo appointed Albert A. Manzone as interim president and CEO on June 8, succeeding Patrick Lockwood-Taylor.
Cadence Design Systems, Inc. (NASDAQ:CDNS) is a “hold, and if it comes down it's a buy,” Cramer said.
On June 9, Stifel analyst Ruben Roy maintained Cadence Design Systems with a Buy rating and raised the price target from $395 to $432.
Price Action:
Constellation Energy shares gained 2.9% to settle at $253.76 on Friday. Credo Technology shares fell 5.3% to close at $250.81. ManpowerGroup shares closed at $34.00 on Friday. Perrigo shares rose 0.8% to settle at $10.99. Cadence Design shares gained 0.3% to close at $384.96 on Friday. Photo: Shutterstock edited by Benzinga
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Will create a bank holding company with approximately $2.4 billion in assets and 10 branches across Washington, D.C., Virginia, Maryland, Pennsylvania, and Florida
Will be the 7th largest bank headquartered in the Washington, D.C. MSA
Greater scale and resources to deliver best-in-class products and services
Like-minded institutions with strong cultural alignment and a longstanding commitment to employees, customers, shareholders, and the communities they serve
Both companies operate on the same data processing system, which is expected to facilitate the operational integration with little disruption to customers
Significant EPS accretion
Attractive, low-cost core funding base
Opportunity for meaningful value creation for shareholders with strong pro forma profitability
Anticipated listing on Nasdaq or the NYSE concurrent with the merger closing
Expected increased trading liquidity for both companies and continuation of the equivalent of NACB's current dividend
, /PRNewswire/ -- ODNB Financial Corporation (private) ("ODNB"), the holding company of Old Dominion National Bank, and National Capital Bancorp, Inc. (OTCID: NACB) ("NACB"), the holding company of The National Capital Bank of Washington ("National Capital Bank"), today jointly announced they have entered into a definitive merger agreement pursuant to which NACB will merge into ODNB, with ODNB surviving as the bank holding company. The combined holding company, which will be named National Capital Bancorp, Inc., expects to list its common stock on Nasdaq or the New York Stock Exchange and trade under the ticker symbol "NACB". Old Dominion National Bank will merge with and into National Capital Bank, with National Capital Bank surviving as the wholly owned subsidiary bank. In Pennsylvania, Centre 1st Bank will continue as a division of the combined bank. Richard B. (Randy) Anderson, Jr., current Chairman and CEO of NACB, will serve as non-executive Chairman of the Boards of the combined holding company and combined bank. Mark Merrill, current Chairman and CEO of ODNB, will serve as CEO of the combined holding company and bank. He will also serve as the President of the combined bank. Jack Infield, current President of ODNB, will serve as President of the combined holding company. The combined company's board of directors will have seventeen directors, consisting of ten directors from ODNB and seven directors from NACB.
Mark Merrill commented, "This strategic combination creates a strong and promising future for our organization, our customers, and our shareholders. NACB brings one of the strongest deposit bases in the Washington, D.C. region, which complements ODNB's best-in-class growth rate. I am also very pleased that Randy Anderson will serve as Chairman of the combined company and bank. Randy and I have known each other for more than a dozen years and have worked together in the past. We share the same philosophy and values, and we believe that bringing our teams together as one company will be a meaningful step forward for both organizations. I am excited to lead a talented management team focused on delivering exceptional customer service, increasing shareholder value, and continuing our commitment to the communities we serve."
Randy Anderson added, "ODNB and NACB are community-focused organizations with similar cultures and a shared commitment to customers. This merger brings together two strong teams dedicated to exceptional client service, lasting relationships, and helping individuals and businesses achieve their financial goals. The combined bank will remain committed to the relationships we have built over many decades of service to our communities. With greater scale, expanded resources, higher loan limits, and broader geographic reach, we will be better positioned to serve customers, support employees with additional career opportunities, deepen our presence in existing markets, and expand more effectively into the markets we seek to serve. We are honored to partner with Mark and his team."
Transaction Details
Under the terms of the definitive merger agreement, which was unanimously approved by the boards of directors of both companies, holders of NACB common stock will have the right to elect to receive: (a) 100% stock at an exchange ratio of 5.2390 shares of common stock of ODNB for each share of NACB, (b) 100% cash at $83.00 per share, or (c) a mixture of 90% stock and 10% cash. The cash portion of the merger consideration will not exceed 10% of the total merger consideration, will not exceed $1.0 million (12,048 shares) per NACB shareholder, and will be subject to certain proration procedures. Existing ODNB shareholders are expected to own approximately 65%-68% of the outstanding shares of the combined company and NACB shareholders are expected to own approximately 32%-35%, based upon the outcome of the election process.
At March 31, 2026, ODNB valued its common stock at $16.24 per share. Assuming that the election procedures result in the merger consideration being 90% stock and 10% cash, the transaction is expected to be over 50% accretive to earnings per share ("EPS") in 2027. The combined company is expected to have total assets of approximately $2.4 billion on a pro forma basis at closing.
Timing and Approvals
The merger is expected to close in the fourth quarter of 2026, subject to satisfaction of customary closing conditions, including regulatory approvals and shareholder approvals from ODNB and NACB shareholders. ODNB and NACB directors have entered into agreements pursuant to which they have committed to vote their shares of ODNB and NACB common stock, respectively, in favor of the merger.
Advisors
Piper Sandler & Co. acted as financial advisor to NACB and delivered a fairness opinion to the Board of Directors of NACB, and Williams Mullen served as legal counsel to NACB. D.A. Davidson & Co. acted as financial advisor to ODNB in the transaction and delivered a fairness opinion to the Board of Directors of ODNB. Troutman Pepper Locke LLP served as legal counsel to ODNB.
About ODNB Financial Corporation
ODNB Financial Corporation is the holding company for Old Dominion National Bank, a locally owned community bank serving markets including the Washington, D.C. metropolitan area. The Bank's executive headquarters is located in the heart of Northern Virginia in Tysons Corner, with full-service branches in Tysons Corner and Leesburg, Virginia, as well as communities in Central Virginia through its Albemarle County branches and in South Florida through its Boca Raton office.
Centre 1st Bank, a wholly owned division of Old Dominion National Bank, serves customers in Pennsylvania and New Jersey from offices in State College, Pennsylvania.
ODNB offers clients with a full spectrum of financial services, ensuring access to top-tier technology and personalized solutions to help achieve their financial goals. ODNB had $1.6 billion in total assets at March 31, 2026. For more information about ODNB, visit www.odnb.bank.
About National Capital Bancorp, Inc.
National Capital Bancorp, Inc. is the holding company for The National Capital Bank of Washington, which was founded in 1889 and is Washington's Oldest Bank. NACB is headquartered on Capitol Hill with offices in the Friendship Heights community in Northwest, D.C., the Courthouse/Clarendon community in Arlington, Virginia and the Fox Hill senior living community of Bethesda, Maryland. National Capital Bank also operates residential mortgage and commercial lending offices and a wealth management services division. National Capital Bank product and service offerings include personal and business deposit accounts, robust online and mobile banking services and sophisticated treasury management solutions – all delivered with top-rated personal service. National Capital Bank is well positioned to serve all the banking needs of those in our communities. NACB had $735.3 million in total assets at March 31, 2026. For more information about NACB, visit www.nationalcapitalbank.bank.
This communication includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, 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 not historical facts, but instead represent only the beliefs, expectations, or opinions of ODNB and NACB and their respective management teams regarding future events, many of which, by their nature, are inherently uncertain and beyond the control of ODNB and NACB. Forward-looking statements may be identified by the use of such words as: "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional terms, such as "will," "would," "should," "could," "may," "likely," "probably," or "possibly." These statements may address issues that involve significant risks, uncertainties, estimates, and assumptions made by management, including Mark Merrill's and Randy Anderson's quotations and statements about (i) the benefits of the proposed transaction, including future financial and operating results, costs savings, enhancement to revenue and accretion to reported earnings that may be realized from the proposed transaction; (ii) the expected timing of completion of the proposed transaction; and (iii) ODNB's and NACB's plans, objectives, expectations and intentions and other statements contained in this communication that are not historical facts. In addition, these forward-looking statements are subject to various risks, uncertainties, estimates, and assumptions with respect to future business strategies and decisions that are subject to change and difficult to predict with regard to timing, extent, likelihood and degree of occurrence. Although ODNB's and NACB's respective management teams believe that estimates and assumptions on which forward-looking statements are based are reasonable, such estimates and assumptions are inherently uncertain. As a result, actual results may differ materially from the anticipated results discussed in these forward-looking statements as a result of a variety of factors, many of which are beyond the control of ODNB and NACB.
The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) the business of NACB may not be successfully integrated into ODNB or the business of Old Dominion National Bank may not be successfully integrated into National Capital Bank, or such integration may take longer, be more difficult, time-consuming or costly to accomplish than expected; (2) the expected growth opportunities or cost savings from the proposed transaction may not be fully realized or may take longer to realize than expected; (3) deposit attrition, operating costs, customer losses and business disruption following the proposed transaction, including adverse effects on relationships with employees and customers, may be greater than expected; (4) the possibility that the proposed transaction does not close when expected or at all because required regulatory, shareholder or other approvals and other conditions to closing are not received or satisfied on a timely basis or at all, or are obtained subject to conditions that are not anticipated (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the proposed transaction); (5) the outcome of any legal proceedings that may be instituted against ODNB or NACB; (6) the occurrence of any event, change, or other circumstance that could give rise to the right of one or both of the parties to terminate the definitive merger agreement between ODNB and NACB; (7) reputational risk and potential adverse reactions of ODNB's or NACB's customers, employees or other business partners, including those resulting from the announcement or completion of the proposed transaction; (8) the dilution caused by ODNB's issuance of additional shares of its capital stock in connection with the proposed transaction; (9) the diversion of management's attention and time from ongoing business operations and opportunities on merger-related matters; (10) certain restrictions during the pendency of the proposed transaction that may impact the parties' ability to pursue certain business opportunities or strategic transactions; (11) economic, legislative or regulatory changes, including changes in accounting standards, may adversely affect the businesses in which ODNB and NACB are engaged; (12) competitive pressures in the banking industry that may increase significantly; (13) changes in the interest rate environment that may reduce margins and/or the volumes and values of loans made or held as well as the value of other financial assets held; (14) an unforeseen outflow of cash or deposits or an inability to access the capital markets, which could jeopardize ODNB's or NACB's overall liquidity or capitalization; (15) changes in the creditworthiness of customers and the possible impairment of the collectability of loans; (16) insufficiency of ODNB's or NACB's allowance for credit losses due to market conditions, inflation, changing interest rates or other factors; (17) adverse developments in the financial industry generally, responsive measures to mitigate and manage such developments, related supervisory and regulatory actions and costs, and related impacts on customer and client behavior; (18) general economic conditions, either nationally or regionally, that may be less favorable than expected, resulting in, among other things, a deterioration in credit quality and/or a reduced demand for credit or other services; (19) unusual and infrequently occurring events, such as weather-related or natural disasters, geopolitical conflicts, acts of war or terrorism, or public health events; (20) cybersecurity threats or attacks, whether directed at ODNB or NACB or at vendors or other third parties with which ODNB or NACB interact; (21) the implementation of new technologies, and the ability to develop and maintain reliable electronic systems; (22) changes in business conditions; (23) changes in the securities market; and (24) changes in the local economics with regard to ODNB's and NACB's respective market areas.
These factors are not necessarily all of the factors that could cause ODNB's, NACB's or the combined company's actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm ODNB's, NACB's or the combined company's results. Additional factors that could cause results to differ materially from those described above may be found in the Registration Statement on Form S-4 that ODNB will file with the Securities and Exchange Commission (the "SEC"), including under the heading "Risk Factors." The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on ODNB, NACB or each of their respective businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. ODNB and NACB urge you to consider all of these risks, uncertainties and other factors carefully in evaluating all such forward-looking statements made by ODNB and NACB. Forward-looking statements speak only as of the date they are made and ODNB and/or NACB undertake no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.
Important Additional Information and Where to Find It
In connection with the proposed transaction, ODNB intends to file with the SEC a Registration Statement on Form S-4 (the "Registration Statement") to register the shares of ODNB common stock to be issued in connection with the proposed transaction. The Registration Statement will include a joint proxy statement of ODNB and NACB, which also constitutes a prospectus of ODNB (the "Joint Proxy Statement/Prospectus") that will be sent to shareholders of ODNB and shareholders of NACB seeking certain approvals related to the proposed transaction. Each of ODNB and NACB may file with the SEC other relevant documents concerning the proposed transaction.
INVESTORS AND SHAREHOLDERS OF ODNB AND NACB AND THEIR RESPECTIVE AFFILIATES ARE URGED TO READ, WHEN AVAILABLE, THE REGISTRATION STATEMENT AND JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ODNB, NACB AND THE PROPOSED TRANSACTION. Free copies of the Registration Statement and Joint Proxy Statement/Prospectus, as well as other filings containing information about ODNB and NACB, may be obtained after their filing at the SEC's website (http://www.sec.gov). In addition, free copies of the Registration Statement and Joint Proxy Statement/Prospectus, when available, also may be obtained by directing a request by email or mail to ODNB at [email protected] or, 8607 Westwood Center Drive, Suite 400, Tysons Corner, VA 22182, Attention: Investor Relations. These documents also may be obtained by directing a request to NACB at 316 Pennsylvania Avenue, SE, Suite 402, Washington, DC 20003, by telephone at 202-851-4483, or by accessing NACB's website at https://www.nationalcapitalbank.bank under "About Us - Investor Relations". The information on ODNB's and NACB's websites is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.
This communication does not constitute an offer to sell or the solicitation of an offer to buy securities of ODNB or NACB or a solicitation of any vote or approval. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, and no offer to sell or solicitation of an offer to buy shall be made in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
Participants in the Solicitation
ODNB, NACB and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from the shareholders of ODNB and shareholders of NACB in connection with the proposed transaction. Information about the interests of the directors and executive officers of ODNB and NACB and other persons who may be deemed to be participants in the solicitation of shareholders of ODNB and shareholders of NACB in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the Joint Proxy Statement/Prospectus related to the proposed transaction, which will be filed with the SEC. Free copies of this document, when available, may be obtained as described in the preceding paragraph.
June 15, 2026 07:00 ET | Source: Axsome Therapeutics, Inc.
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, today announced presentations of new data on AXS-12 and solriamfetol at SLEEP 2026, the 40th annual meeting of the Associated Professional Sleep Societies (APSS), being held June 14-17, 2026, in Baltimore, Maryland.
Details of the presentations are as follows:
Title: Cognitive and Functional Outcomes from the Phase 3 Open-Label Extension and Randomized-Withdrawal ENCORE Trial of AXS-12 in Narcolepsy with Cataplexy
Presentation Date and Time: Monday, June 15, 10:00 - 11:45 a.m. ET
Lead Author: Bruce Corser MD, FAASM, Medical Director of Intrepid Research, Cincinnati, OH
Poster Presentation Session: P-16
Poster Number: 375 Title: Solriamfetol for Excessive Daytime Sleepiness in Narcolepsy and OSA: Post-hoc Multi-dimensional Composite Endpoint Analysis of Phase 3 Trials
Presentation Date and Time: Monday, June 15, 10:00 - 11:45 a.m. ET
Lead Author: Ellen Wertmer, FNP-BC, DBSM, FAASM, Founder of Restorative Sleep Medicine, Charlottesville, VA
Poster Presentation Session: P-16
Poster Number: 386 Title: Symptom Burden and Quality of Life in Patients with Narcolepsy Who Experience Residual Cataplexy: Subgroup Analysis from the CRESCENDO Survey
Presentation Date and Time: Tuesday, June 16, 10:00 - 11:45 a.m. ET
Lead Author: Michael Thorpy, MD, Director of the Sleep-Wake Disorders Center at the Montefiore Medical Center and Professor of Neurology at Albert Einstein College of Medicine, New York, NY
Poster Presentation Session: P-34
Poster Number: 316 About Axsome Therapeutics
Axsome Therapeutics is a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) conditions. We deliver scientific breakthroughs by identifying critical gaps in care and develop differentiated products with a focus on novel mechanisms of action that enable meaningful advancements in patient outcomes. Our industry-leading neuroscience portfolio includes FDA-approved treatments for major depressive disorder, agitation associated with dementia due to Alzheimer’s disease, excessive daytime sleepiness associated with narcolepsy and obstructive sleep apnea, and migraine, as well as multiple novel product candidates addressing a broad range of serious neurological and psychiatric conditions that impact over 150 million people in the United States. Together, we are on a mission to solve some of the brain’s biggest problems so patients and their loved ones can flourish. For more information, please visit us at www.axsome.com and follow us on LinkedIn and X.
Forward Looking Statements
Certain matters discussed in this press release are “forward-looking statements”. The Company may, in some cases, use terms such as “predicts,” “believes,” “potential,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. In particular, the Company’s statements regarding trends and potential future results are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the commercial success of the Company’s SUNOSI®, AUVELITY®, and SYMBRAVO® products and the success of the Company’s efforts to obtain any additional indication(s) with respect to solriamfetol and/or AXS-05; the Company’s ability to maintain and expand payer coverage; the success, timing and cost of the Company’s ongoing clinical trials and anticipated clinical trials for the Company’s current product candidates, including statements regarding the timing of initiation, pace of enrollment and completion of the trials (including the Company’s ability to fully fund the Company’s disclosed clinical trials, which assumes no material changes to the Company’s currently projected revenues or expenses), futility analyses and receipt of interim results, which are not necessarily indicative of the final results of the Company’s ongoing clinical trials, and/or data readouts, and the number or type of studies or nature of results necessary to support the filing of a new drug application (“NDA”) for any of the Company’s current product candidates; the Company’s ability to fund additional clinical trials to continue the advancement of the Company’s product candidates; the timing of and the Company’s ability to obtain and maintain U.S. Food and Drug Administration (“FDA”) or other regulatory authority approval of, or other action with respect to, the Company’s product candidates, including statements regarding the timing of any NDA submission; the Company’s ability to successfully defend its intellectual property or obtain the necessary licenses at a cost acceptable to the Company, if at all; the Company’s ability to successfully resolve any intellectual property litigation, and even if such disputes are settled, whether the applicable federal agencies will approve of such settlements; the successful implementation of the Company’s research and development programs and collaborations; the success of the Company’s license agreements; the acceptance by the market of the Company’s products and product candidates, if approved; the Company’s anticipated capital requirements, including the amount of capital required for the commercialization of SUNOSI, AUVELITY, and SYMBRAVO and for the Company’s commercial launch of its other product candidates, if approved, and the potential impact on the Company’s anticipated cash runway; the Company’s ability to convert sales to recognized revenue and maintain a favorable gross to net sales; unforeseen circumstances or other disruptions to normal business operations arising from or related to domestic political climate, geo-political conflicts or a global pandemic and other factors, including general economic conditions and regulatory developments, not within the Company’s control. The factors discussed herein could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
SummaryKimco Realty remains a solid buy, driven by a high-quality, grocery-anchored portfolio and robust occupancy gains.KIM's SNO pipeline and redevelopment initiatives underpin expectations for 5% annual FFO/share growth and ~10% total annual returns.It maintains a strong A-/A3-rated balance sheet, a 4% dividend yield, and a conservative payout ratio, supporting income and growth.While KIM trades near fair value at 14.2x forward P/FFO, its defensive profile and leasing momentum offer attractive risk-adjusted returns.Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More »Sitewide Sale 2026: Get 20% Off Getty Images
Most investors would agree that having good acumen is a key to success. However, having patience with the conviction to stick with one’s thesis is another good trait that’s often ignored. Sticking with good companies with attractive valuations can pay
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I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.
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Nation's ninth-largest bank reflects on its history of firsts as the country prepares to mark its semiquincentennial
CINCINNATI--(BUSINESS WIRE)--As the United States prepares to celebrate the 250th anniversary of its founding next month, Fifth Third Bank (NYSE: FITB) is marking a milestone of its own. For 168 years, Fifth Third has helped Americans buy homes, start businesses, build communities and plan for what comes next — serving as a catalyst for economic growth through some of the most consequential chapters in the nation's history.
On June 12, Fifth Third Chairman, CEO and President Tim Spence, alongside the company's Board of Directors and senior management team, rang the Opening Bell at the New York Stock Exchange to celebrate the transfer of Fifth Third's publicly traded securities. The milestone moment celebrated Fifth Third’s transformation into the ninth-largest bank in the United States, with approximately $300 billion in assets following its merger with Comerica earlier this year.
"Banks are the infrastructure of the American Dream," said Tim Spence, chairman, CEO and president of Fifth Third Bank. "Every milestone Americans celebrate — buying a first car, closing on a home, starting a business — runs through the financial system. Fifth Third has been part of that fabric since 1858. As America prepares to mark 250 years, we're proud of the role this company has played across some of the most important chapters in our country's history — and the innovations that helped shape how Americans interact with their money today."
Perhaps the bank's most iconic innovation came in 1977, when Fifth Third launched JEANIE® — the nation's first shared online network of automated teller machines — right from its headquarters on Cincinnati's Fountain Square. On launch day, customers lined up outside the building to try the new technology. The network processed one million transactions in its first six months, and within a year, 30 percent of customers were using their JEANIE cards. Today, Fifth Third's AI-powered virtual assistant — also named Jeanie — handles 350,000 customer conversations a month.
The bank's merger with Comerica, completed in February 2026, deepens this legacy of innovation. In 1971 — six years before JEANIE launched — both Fifth Third in Cincinnati and Detroit Bank & Trust, a Comerica predecessor, were independently developing their own cash-dispensing machines. Fifth Third called theirs Teller 24; Detroit Bank called theirs the Ultra/Matic 24. Two institutions, 300 miles apart, building the same future without knowing it. Today, they are one company — the ninth-largest bank in America, operating in 15 states and 17 of the 20 fastest-growing large metropolitan areas in the country.
The scope of what Fifth Third does has expanded enormously over 168 years, but the value the bank provides has not changed: expanding financial access for customers and businesses so they can achieve their milestones.
In just the last decade, Fifth Third has doubled in scale, doubled in profitability, and fundamentally changed its long-term growth profile. The bank delivered record revenue of $9 billion in 2025. Its commercial payments and wealth and asset management businesses each generate more than $1 billion in annual fee revenue, and Fifth Third processes approximately $25 trillion in payments volume annually — ranking fourth in real-time payments among all U.S. banks.
"The name on the door has been the same since 1908, but today's Fifth Third is a very different bank," Spence continued. "When we started, our business essentially stored money for people who had excess and lent money to people who had a shortfall. Today, we power daily commerce and meet the evolving needs of customers across our communities — from a sidewalk on Fountain Square to a conversation on your phone. Same name, different bank."
Notable Fifth Third Firsts and Interesting Facts:
1863: During the Civil War, predecessor bank Third National opened under the National Bank Act of 1863 and was assigned one of the first 20 national bank charters as the United States built its modern financial system. 1908: Jacob G. Schmidlapp, founder and president of Union Savings Bank & Trust Co., established the Charlotte R. Schmidlapp Fund, the United States' first private charitable fund dedicated solely to helping young women pursue higher education and careers. 1917: First in Cincinnati and nearly in the U.S. to establish a network of full-service branches through the affiliation of Fifth-Third National and Union Savings Bank & Trust Co. 1933: While more than 9,700 banks failed nationwide, Fifth Third Union Trust Co. survived the Great Depression and emerged stronger, acquiring three local banks between 1930 and 1933. 1943: During World War II, Fifth Third drove Hamilton County’s War Bond sales, supported by the bank's then-president John J. Rowe and "Bondadiers" (employee volunteers). Rowe helped build a War Bond Pier on Fountain Square (the site of Fifth Third's current headquarters). During the war, female employees handwrote names and addresses on more than 60,000 bonds. By the end of WWII, Fifth Third helped raise $69 million in bonds and supported ration banking to aid the war effort. 1948: One of the first financial institutions in the U.S. to establish a corporate foundation (The Fifth Third Foundation). 1954: First in the U.S. to establish branches in shopping malls in response to population migration to the nation's suburbs. 1961–63: One of the first banks in the United States, and the first in Cincinnati, to convert manual accounting systems to computers (electronic data processing). 1977: First in the U.S. to introduce an online shared network of automated teller machines (JEANIE®). The network processed one million transactions in its first six months, with 30 percent of customers using their JEANIE card in the first year. 1980s: First in the U.S. to establish seven-day-a-week BankMart® locations in grocery stores. 2014: First bank in the U.S. to collaborate with NextJob, a nationwide reemployment solutions company, to offer a homeowner reemployment program providing job search assistance to mortgage borrowers in serious risk of default, fully paid for by Fifth Third Bank. 2017: First in the U.S. to launch a maternity concierge program for employees. First in the U.S. to create an app that helps customers pay down student loan debt. 2018: First bank in the world and first Fortune 500 company to achieve 100 percent renewable power through a single solar project, executing a Power Purchase Agreement in North Carolina with one of the largest solar projects in the United States. 2018: First bank to design a checking account for the Achieving a Better Life Experience (ABLE) program. Fifth Third has now been offering the product for eight years. 2021: One of the first national banks in the U.S. to offer an everyday banking solution that helps customers avoid and manage cash shortfalls, get paid early, pay others, and reach savings goals (Fifth Third Momentum® Banking). 2022: One of the first national banks in the U.S. to acquire a financing solution for solar energy (Dividend Finance). 2022: Fifth Third pioneered two-day early payments in 2021 and was one of the first banks to enable early payments for gig workers and many government and retirement benefits recipients in 2022. 2023: Fifth Third was one of the first banks to offer tax refunds up to five days early. 2024: Fifth Third was one of the first banks to enable digital direct deposit switching in its mobile app. 2025: First bank to offer free wills to all customers, through an exclusive partnership with Trust & Will. 2026: First large U.S. bank to implement a Model Context Protocol (MCP) server, enabling secure, standardized access to APIs and documentation for AI-powered applications. 2026: Fifth Third opened its first financial centers in Fresno, CA, and Frisco, TX. Read more about Fifth Third's history and the story of how we got our name at https://www.53.com/content/fifth-third/en/personal-banking/about/museum.html.
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.
The combined company will give businesses a single partner to accept, hold, and move money – including stablecoin transactions – across 190+ countries and territories At close, the combined company is expected to generate approximately $3 billion in annual revenue and process more than $500 billion in annual payment volume for more than 2.4 million customers , /PRNewswire/ -- Nuvei and Payoneer (Nasdaq: PAYO) today announced they have entered into a definitive agreement under which Nuvei will acquire Payoneer. Under the terms of the agreement, Nuvei will acquire all of the issued and outstanding shares of common stock of Payoneer Global Inc. for $7.40 per share in cash, representing a total transaction equity value of approximately $2.75 billion.
Nuvei CEO & Chair Phil Fayer
Nuvei x Payoneer logos "The acquisition of Payoneer marks a defining step in Nuvei's evolution into a global financial infrastructure leader," said Phil Fayer, Chairman and Chief Executive Officer of Nuvei. "By combining complementary capabilities, we can offer businesses a more complete platform to accept payments, send funds, issue cards, manage treasury and FX needs, and access embedded financial services – at scale."
As commerce becomes more complex across local and cross-border markets, businesses need infrastructure that can support the full transaction lifecycle. This transaction directly addresses that need by combining Nuvei's leading payment acceptance capabilities with Payoneer's cross-border payouts, multi-currency accounts and banking network, along with same-day and real-time settlement in more than 150 markets.
Together, the companies create an always-on, unified financial infrastructure built on trusted rails, supporting customers that do business across the world's leading digital commerce platforms, including Amazon, eBay, Walmart, Airbnb, Fiverr, Upwork, Etsy, ByteDance, Shopify, and WooCommerce.
A key component of this infrastructure is Payoneer's established regulatory footprint across major jurisdictions around the world. Payoneer holds multiple licenses and authorizations, including licensing for online payment services in mainland China and authorization in principle as a cross-border payment aggregator in India under the Reserve Bank of India's regulatory framework.
The transaction also strengthens Nuvei's ability to support emerging financial models, including agentic commerce, stablecoin payments, and platform-native financial services. These capabilities are expected to help businesses move funds more seamlessly across payment types, settlement networks, and jurisdictions.
"For two decades, Payoneer has earned the trust of millions of businesses in markets where trust takes years to build," said John Caplan, Chief Executive Officer of Payoneer. "We have transformed our business with extraordinary results, and our combination with Nuvei will extend what we can offer customers. Together, we will reach more businesses, in more markets, with a more complete platform."
Transaction Details
The transaction has been approved by the Boards of Directors at Nuvei and Payoneer.
The transaction is expected to close in mid-2027, subject to approval by Payoneer's shareholders, receipt of required regulatory approvals, and other customary closing conditions.
Goldman Sachs & Co. LLC is serving as lead financial advisor to Nuvei. Barclays Capital Inc. has also provided financial advice to Nuvei. Simpson Thacher & Bartlett LLP and Stikeman Elliott LLP are serving as legal counsel to Nuvei. Qatalyst Partners is serving as exclusive financial advisor to Payoneer. Davis Polk & Wardwell LLP is serving as legal counsel to Payoneer.
BMO Capital Markets, RBC Capital Markets, Barclays, UBS, and Wells Fargo are providing committed financing in connection with the transaction.
About Nuvei
Nuvei is building the infrastructure for every payment, everywhere. Its modular, flexible, and scalable technology enables leading companies to accept next-generation payments, offer all payout options, and benefit from card issuing, risk, and fraud management services. Connecting businesses to their customers in 190+ countries, with local acquiring in 52 markets, 150 currencies, and over 720 alternative payment methods, Nuvei provides the technology and insights that help customers and partners succeed locally and globally. For more information, visit www.nuvei.com.
About Payoneer
Payoneer (Nasdaq: PAYO) is the financial platform for cross-border business and global payments. Payoneer empowers millions of businesses with the financial tools and services they need to grow and transact globally with confidence. Payoneer makes it easier for businesses, particularly in emerging markets, to connect to the global economy, pay and get paid across borders, manage their funds across multiple currencies, and grow their businesses.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Except for historical information contained in this press release, the matters discussed herein contain forward-looking statements that involve risks and uncertainties. Such statements are provided under the "safe harbor" protection of the Act. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "shall," "should," "expects," "plans," "positioning," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements include, but are not limited to, statements about transition and the impact of recent changes to our executive management team; statements regarding the expectations of demand for our products and cash flow generation; statements about improvements to and expansion of our products and platform, and launching new products; statements about future operating results, including revenue, volume, growth opportunities, variability of expenses, ability to realize efficiencies, future spending and incremental investments, business trends, our ability to deliver profits, and growth and value for shareholders; and assumptions regarding foreign exchange rates.
Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements regarding the transactions (the "Transaction") contemplated by the Agreement and Plan of Merger, dated as of June 12, 2026, by and among Payoneer Global Inc. (the "Company"), Neon Maple Parent Inc. ("Nuvei") and Panda Acquisition Sub Inc. (the "Merger Agreement"), including the expected time period to consummate the Transaction. All such forward-looking statements are based upon current plans, estimates, expectations and ambitions that are subject to risks, uncertainties and assumptions, many of which are beyond the control of the Company, that could cause actual results to differ materially from those expressed in such forward-looking statements. Key factors that could cause actual results to differ materially include, but are not limited to, the expected timing and likelihood of completion of the Transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the Transaction; the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; the possibility that the Company's stockholders may not approve the Transaction; the risk that the parties may not be able to satisfy the conditions to the Transaction in a timely manner or at all; risks related to disruption of management time from ongoing business operations due to the Transaction; the risk that any announcements relating to the Transaction could have adverse effects on the market price of the Company's common stock; the risk that the Transaction and its announcement could have an adverse effect on the parties' business relationships and business generally, including the ability of the Company to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers, and on their operating results and businesses generally; the risk of unforeseen or unknown liabilities; customer, stockholder, partner, regulatory and other stakeholder approvals and support; the risk of unexpected future capital expenditures; the risk of potential litigation relating to the Transaction that could be instituted against the Company or its directors and/or officers; the risk associated with third party contracts containing material consent, anti-assignment, transfer or other provisions that may be related to the Transaction which are not waived or otherwise satisfactorily resolved; the risk of various events that could disrupt operations, including severe weather, such as droughts, floods, avalanches and earthquakes, cybersecurity attacks, wars, security threats and governmental response to them, and technological changes; the risks of labor disputes, changes in labor costs and labor difficulties; and the risks resulting from other effects of industry, market, economic, legal or legislative, political or regulatory conditions outside of the Company's control. All such factors are difficult to predict and are beyond our control, including those detailed in the Company's annual report on Form 10-K for the fiscal year ended December 31, 2025 (and which is available at: https://www.sec.gov/Archives/edgar/data/1845815/000110465926020487/payo-20251231x10k.htm, quarterly reports on Form 10-Q and other documents subsequently filed by the Company with the Securities Exchange Commission ("SEC") and that are available at https://www.sec.gov/edgar/search/#/ciks=0001845815&entityName=Payoneer%2520Global%2520Inc.%2520(PAYO)%2520(CIK%25200001845815
The Company's forward-looking statements are based on assumptions that the Company believes to be reasonable but that may not prove to be accurate. Other unpredictable or unknown factors not discussed in this communication could also have material adverse effects on forward-looking statements. The Company does not assume an obligation to update any forward-looking statements, except as required by applicable law. These forward-looking statements speak only as of the date hereof.
Additional Information and Where to Find It
In connection with the Transaction, the Company will file with the SEC a proxy statement on Schedule 14A. The definitive proxy statement will be sent to the stockholders of the Company seeking their approval of the Transaction and other related matters. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT ON SCHEDULE 14A WHEN IT BECOMES AVAILABLE, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION OR INCORPORATED BY REFERENCE INTO THE PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION REGARDING THE COMPANY, THE TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of these documents, including the proxy statement, and other documents filed with the SEC by the Company through the website maintained by the SEC at https://www.sec.gov/edgar/browse/?CIK=1845815&owner=exclude.
Copies of documents filed with the SEC by the Company will be made available free of charge by accessing the Company's website at https://investor.payoneer.com/financials/sec-filings.
Participants in the Solicitation
The Company, Nuvei and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of the Company in connection with the Transaction under the rules of the SEC. Information about the interests of the directors and executive officers of the Company and other persons who may be deemed to be participants in the solicitation of stockholders of the Company in connection with the Transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the proxy statement related to the Transaction, which will be filed with the SEC. Information about the directors and executive officers of the Company and their ownership of the Company common stock is also set forth in the Company's definitive proxy statement in connection with its 2026 Annual Meeting of Stockholders, as filed with the SEC on April 27, 2026 (and which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926049462/tm261500-1_def14a.htm and in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (and which is available at
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926020487/payo-20251231x10k.htm. Information about the directors and executive officers of the Company, their ownership of the Company common stock, and the Company's transactions with related persons is set forth in the sections entitled "Directors, Executive Officers and Corporate Governance," "Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters," and "Certain Relationships and Related Transactions, and Director Independence" included in the Company's annual report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the SEC on February 26, 2026 (and which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926020487/payo-20251231x10k.htm, and in the sections entitled "Information Regarding the Board of Directors and Corporate Governance," "Security Ownership of Certain Beneficial Owners and Management," "Certain Relationships and Related Party Transactions," and "Independence of the Board of Directors" included in the Company's definitive proxy statement in connection with its 2026 Annual Meeting of Stockholders, as filed with the SEC on April 27, 2026 (and which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001845815/000110465926049462/tm261500-1_def14a.htm. Additional information regarding the interests of such participants in the solicitation of proxies in respect of the Transaction will be included in the proxy statement and other relevant materials to be filed with the SEC when they become available. These documents can be obtained free of charge from the SEC's website at www.sec.gov.
No Offer or Solicitation
This press release is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
SummaryEvergy is reiterated as a Buy, driven by robust data center agreements and a visible multi-year growth runway.EVRG's adjusted EPS is projected to grow at an 8.7% annual rate, outpacing its 10-year CAGR, with a forward 12-month fair value estimate of $86 per share.The company maintains a stable BBB+ credit rating, targets a 14–15% FFO to debt ratio, and is positioned for low double-digit annual total returns through 2031.Risks include regulatory outcomes on Missouri rate cases, interest rate pressures, and union labor negotiations, but EVRG's dividend safety and growth streak remain strong.Looking for a portfolio of ideas like this one? Members of The Dividend Kings get exclusive access to our subscriber-only portfolios. Learn More »Sitewide Sale 2026: Get 20% Off Justin Paget/DigitalVision via Getty Images
Co-authored by Kody's Dividends
The narrative surrounding the electric grid has drastically shifted from maintaining the status quo to managing a huge surge in electricity demand. More specifically, the overall demand for energy from the electric grid in the United States is
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Kody's Dividends, Justin Law, and Rachel Kaufman are part of the Dividend Kings team.
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PHILADELPHIA--(BUSINESS WIRE)--As states across the country legislate nutritional guidelines, Aramark Student Nutrition today announced updated school menus for the 2026–2027 school year, marking a natural next step in the company's longstanding approach to nutrition quality, ingredient transparency, and regulatory readiness. The new menus take decisive action to ensure consistency and compliance while reducing complexity for school districts. "In 2025 alone, feedback from nearly 90,000 student.
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2026) - Mexican Gold Mining Corp. (TSXV: MEX) ("Mexican Gold" or the "Company") and Alcon Silver Corp. ("Alcon") announce that, in connection with the previously announced arrangement agreement dated April 8, 2026 between the Company and Alcon (the "Arrangement Agreement"), the Company intends to complete a non-brokered private placement of up to 11,250,000 subscription receipts of the Company (the "Subscription Receipts") at a price of $0.20 per Subscription Receipt, for aggregate gross proceeds of up to $2,250,000 (the "Offering"). The Offering constitutes a concurrent financing to the Arrangement (as defined below) and is subject to acceptance of the TSX Venture Exchange (the "TSXV").
On April 8, 2026, Mexican Gold and Alcon entered into the Arrangement Agreement, pursuant to which Mexican Gold will acquire all of the issued and outstanding common shares of Alcon (the "Alcon Shares") in exchange for newly issued common shares in the capital of Mexican Gold (the "Consideration Shares") at an exchange ratio of 1.0 post-Consolidation Mexican Gold common share for each Alcon Share, by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). In connection with the Arrangement, Mexican Gold will complete a consolidation of its outstanding common shares on a 1.6667-to-1 basis (the "Consolidation") and a change of its corporate name to Platauro Metals Corp. (the "Name Change"). The Supreme Court of British Columbia has granted an interim order in respect of the Arrangement authorizing the calling and holding of a meeting of Alcon shareholders to approve the Arrangement (the "Meeting"). The Meeting is scheduled to be held on July 3, 2026, and shareholders of Alcon have now been mailed proxy materials as well as an information circular describing the Arrangement. See the Company and Alcon's news release dated April 8, 2026 for further details regarding the Arrangement.
In connection with the Arrangement, Mexican Gold and Alcon have entered into an interim loan agreement dated June 12, 2026 (the "Interim Loan Agreement"), pursuant to which Mexican Gold has agreed to advance to Alcon an unsecured, non-interest bearing loan in the principal amount of $250,000 (the "Interim Loan"). The proceeds of the Interim Loan will be used by Alcon for general corporate purposes, working capital requirements, regulatory compliance, professional fees, property maintenance costs and other ordinary-course expenditures pending completion of the Arrangement. Upon completion of the Arrangement, the Interim Loan will be automatically satisfied, discharged, cancelled and extinguished without any further action by either party. If the Arrangement is not completed on or before August 31, 2026 (or such later date as the parties may agree), the Interim Loan will become a conventional third-party loan bearing interest at 12% per annum and will be repayable upon demand by Mexican Gold. As a result of the Offering and the Interim Loan, Alcon will discontinue the marketing of the remaining $117,650 of its convertible debenture offering detailed in its management information circular dated May 26, 2026, which was mailed to Alcon security holders on June 5, 2026. The terms of the convertible debentures were disclosed in the news release dated April 8, 2026.
As of the date of the Arrangement Agreement, Mexican Gold had 41,216,639 common shares outstanding (on a pre-Consolidation basis, excluding shares issuable under the Offering). Upon completion of the Arrangement, the Consolidation and the Offering (assuming the maximum Offering), the Company expects to have approximately 76,434,426 common shares outstanding on a post-Consolidation basis.
Details of the Offering
Each Subscription Receipt will automatically entitle the holder, upon closing of the Arrangement, without further action by the holder and without payment of additional consideration, to receive one post-Consolidation and post-Name Change common share of the Company (a "New Issue Share") and one-half of one post-Consolidation and post-Name Change common share purchase warrant.
Each whole common share purchase warrant issuable upon conversion of the Subscription Receipts (a "New Issue Warrant") will entitle the holder to acquire one New Issue Share at an exercise price of $0.30 per New Issue Share for a period of thirty (30) months following the closing date of the Arrangement
The gross proceeds from the Offering (the "Subscription Proceeds") will be held in escrow pending satisfaction or waiver of certain escrow release conditions to be set out in the subscription agreements for the Subscription Receipts (the "Escrow Release Conditions"). The Escrow Release Conditions must be satisfied or waived on or before August 31, 2026, unless extended by agreement of the applicable parties for up to an additional 60 business days if the required regulatory approvals have not been obtained by such date (the "Escrow Release Deadline").
The Escrow Release Conditions include, among other things: receipt of acceptance from the TSXV for the Arrangement, the Consolidation, the Name Change, and the Offering; approval of the Arrangement by the shareholders of Alcon; receipt of an order of the Supreme Court of British Columbia approving the plan of arrangement; and the concurrent closing of the Arrangement.
If the Escrow Release Conditions are not satisfied or waived by the Escrow Release Deadline, the Subscription Proceeds will be returned to subscribers without deduction.
Following release from escrow, the net Subscription Proceeds will be used for exploration of the Princesa project, exploration of the Rowdy claim at Tatatila, legal fees associated with the Las Minas claims dispute, and for general corporate and working capital purposes.
In connection with the Offering, the Company may pay finder's fees in cash or securities, or a combination of both, as permitted by the policies of TSXV and applicable securities legislation. All securities issued pursuant to the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities legislation.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or in any other jurisdiction, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to an exemption therefrom.
Additional Information
Copies of the Arrangement Agreement and the Interim Loan Agreement have been filed on SEDAR+ and are available for viewing under the Company's profile at www.sedarplus.ca.
About Mexican Gold Mining Corp.
Mexican Gold is a Canadian-based mineral exploration and development company committed to building long term value through ongoing discoveries and strategic acquisitions of prospective precious metals and copper projects in the Americas. Mexican Gold is exploring and advancing the Las Minas Project, which is located in the core of the Las Minas mining district in Veracruz State, Mexico, and host to one of the newest, under-explored skarn systems known in Mexico. Mexican Gold recently expanded its land package by acquiring the adjacent Tatatila claims from Chesapeake Gold.
About Alcon Silver Corp.
Alcon Silver Corp is a private silver explorer focused on advancing its 100% owned Princesa Silver-Polymetallic Project in the Puno-Cusco Mining District, Peru, and its Star Silver-Polymetallic Project in the historic Beaver Mining District south of Milford, Utah.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information in this news release includes, but is not limited to, statements regarding: the proposed Offering, including the size, pricing, terms and expected completion thereof; the intended use of proceeds of the Offering; the anticipated release of the Subscription Proceeds from escrow; the satisfaction or waiver of the Escrow Release Conditions; the expected terms of the New Issue Shares and New Issue Warrants issuable upon conversion of the Subscription Receipts; the anticipated completion of the Arrangement; the completion of the Consolidation and the Name Change; the receipt of all required shareholder, court, regulatory and stock exchange approvals, including acceptance of the TSX Venture Exchange; the expected timing for completion of the Offering, the Arrangement and related transactions; the terms, use of proceeds and treatment of the Interim Loan upon completion of the Arrangement; and the anticipated business, plans and prospects of the Company following completion of the Arrangement.
Forward-looking information is based on assumptions that management considers reasonable as of the date of this news release, including assumptions regarding: the ability of Mexican Gold and Alcon to obtain all required approvals on acceptable terms and within expected timelines; the ability of the parties to satisfy or waive the conditions to completion of the Offering and the Arrangement; investor participation in the Offering; the absence of material adverse changes affecting Mexican Gold, Alcon or their respective businesses, assets or capital markets generally; the satisfaction and discharge of the Interim Loan upon completion of the Arrangement; and the ability of the Company to use the net proceeds of the Offering as currently contemplated.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to differ materially from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: the risk that the Offering may not be completed on the terms currently proposed or at all; the risk that the Subscription Proceeds may not be released from escrow; the risk that the Escrow Release Conditions may not be satisfied or waived by the Escrow Release Deadline; the risk that required shareholder, court, regulatory or stock exchange approvals may not be obtained; the risk that the Arrangement, the Consolidation or the Name Change may not be completed on the terms currently proposed or at all; the risk that the Interim Loan may not be satisfied and discharged upon completion of the Arrangement or may become repayable if the Arrangement is not completed; risks associated with changes in market conditions, investor demand, commodity prices and securities markets; risks inherent in the mineral exploration industry; and the risk factors described in the Company's public disclosure documents available under the Company's profile on SEDAR+ at www.sedarplus.ca.
Readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained in this news release is made as of the date hereof, and the Company does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301344
Source: Mexican Gold Mining Corp.
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Delivers unconstrained volume capacity with GaAs foundries, sampling to customers in the next quarter
PALO ALTO, Calif.--(BUSINESS WIRE)--PicoJool, a pioneer in optical connectivity, is introducing its 200G Vertical Cavity Surface Emitting Lasers (VCSEL) products with a bandwidth exceeding 37GHz. The company will begin sampling chip-level products in the next quarter, including quad 100G, quad 200G and 32x50G NRZ uVCSELs for slow and wide applications. PicoJool is already working with system startups and hyperscalers to define the next generation of pluggable, near-packaged optics (NPO) and co-packaged optics (CPO) solutions for AI data centers.
VCSELs have been the backbone of data center optical connectivity since 1996, valued for their speed, reliability and unmatched cost efficiency. Up until now, the question has been whether the technology could scale to meet the bandwidth demands of modern AI infrastructure. PicoJool's breakthrough technology eliminates that question. The company's 200G VCSEL products pave the way for optical links as inexpensive, compact and manufacturable as traditional copper connections, with a clear roadmap to 800G, 1.6T and 3.2T.
PicoJool’s high bandwidth VCSELs combine unique parallel optics and packaging innovations to deliver high performance at a cost that competes directly with copper at scale. The company integrates its optical chips into massively parallel pluggable modules targeting large-scale AI systems. Underpinning the effort is a manufacturing partnership with WIN Semiconductor, the world's leading VCSEL producer for 3D sensing applications, which has shipped more than a billion chips over the past decade.
“We are excited to enable many optical transceiver and hyperscale companies to meet the growing demand for scale up optical connectivity solutions with an exciting product line and roadmap,” said Al Yuen, founder and CEO of PicoJool. “Our partnership with WIN Semiconductor has been very fruitful as we get ready to release a series of VCSEL products for high volume manufacturing.”
PicoJool's 200G designs and process recipes have already been transferred to WIN and other foundries, all of which specialize in gallium arsenide (GaAs), a compound semiconductor that emits light far more efficiently than silicon and already supports a mature, high-volume chip supply chain. Because GaAs-based VCSELs are unconstrained in production capacity, PicoJool avoids the supply bottlenecks that limit competing laser technologies.
“What makes Picojool significant is both the technology breakthrough and the manufacturing reality behind it,” said Pat Gelsinger, General Partner at Playground Global. “By building on a GaAs supply chain that has already shipped billions of chips, Picojool has solved both sides of the equation: record bandwidth and the production scale to deliver it. That combination is what turns a lab achievement into an industry shift, creating a viable path from copper to optical at AI scale.”
The PicoJool team brings decades of photonics product development and optical transceiver experience. Founder Al Yuen has released VCSEL-based products starting with gigabit Ethernet in 1996, the first 10G quad transceivers at his first startup, Alvesta, invented the active optical cable technology in 2001, and vertical oxidation for extreme volume VCSEL fabrication in 2016. The depth of the company’s technical expertise and the breadth of its relationships across the semiconductor supply chain uniquely positions PicoJool to design, deliver and scale massively parallel optical solutions for 1.6T, 3.2T and beyond.
PicoJool will begin sampling its 200G VCSEL products in the next quarter with high volume ramp expected in early 2027.
About PicoJool Inc.
PicoJool Inc. is developing next-generation optical chips and modules for high-bandwidth, low-cost connectivity in hyperscale AI data centers. Founded by Al Yuen, who has foundational expertise in data center optical networking systems, PicoJool is redefining optical communication at the semiconductor to transceiver level. Learn more at https://picojool.com/.
, /PRNewswire/ -- Peabody (NYSE: BTU) today announced that it has terminated the 2020 Transaction Support Agreement (as amended) with its surety providers and entered standard indemnification agreements to support its U.S. reclamation obligations. The company also has established asset-backed surety facilities to support its Australian reclamation obligations, replacing cash-backed bank guarantees and cash deposited directly with regulatory authorities.
Combined, these transactions are expected to reduce total reclamation collateral requirements and eliminate a minimum liquidity covenant, while maintaining an industry leading and well-collateralized global bonding program.
"These changes, along with the successful recent refinancing of the company's 2028 convertible notes, continue to enhance Peabody's financial strength and flexibility," said Executive Vice President and Chief Financial Officer Mark Spurbeck. "The additional liquidity afforded by the new surety arrangements allows the company to continue its multi-pronged strategy of balance sheet strength, disciplined capital allocation, and shareholder returns."
Peabody is a leading global coal producer, providing essential products for the production of affordable, reliable energy and steel. For further information, visit www.peabodyenergy.com/.
CONTACT:
[email protected]
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "projects," "forecasts," "targets," "would," "will," "should," "goal," "could" or "may" or other similar expressions. Forward-looking statements provide management's current expectations or predictions of future conditions, events or results, including statements regarding the notes being offered and the capped call transactions, the completion of the proposed offering and the capped call transactions and the intended use of the proceeds. All forward-looking statements speak only as of the date they are made and reflect Peabody's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance or events. Furthermore, Peabody disclaims any obligation to publicly update or revise any forward-looking statement, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Among those risks and uncertainties are market conditions, including market interest rates, the trading price and volatility of Peabody's common stock and risks relating to Peabody's business, including those described in Peabody's most recent Annual Report on Form 10-K and in other periodic reports that Peabody files from time to time with the SEC. Peabody may not consummate the proposed offering described in this press release and, if the proposed offering is consummated, cannot provide any assurances regarding the final terms of the offering or the notes or its ability to effectively apply the net proceeds as described above. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.
Job search plans are on the rise as professionals seek better benefits, career growth opportunities and flexibility 46% say AI-generated application materials have intensified competition and made it harder to stand out , /PRNewswire/ -- New research from talent solutions and business consulting firm Robert Half shows that professionals are reassessing their careers, and many are preparing to make a move in the second half of 2026. A survey of more than 2,000 U.S. professionals found that 46% plan to look for a new job in the next 6 months, up from 38% in the first half of 2026 and 27% one year ago.
Gen Z workers (55%), as well as those who work in healthcare (56%) and technology (49%), are the most likely to explore new opportunities.
Nearly half (46%) of professionals plan to look for a new job in the next 6 months, according to research from Robert Half. What's motivating workers to change jobs?
After several years of market uncertainty and cautious job search activity, professionals are increasingly motivated to pursue new opportunities for a few key reasons:
Better benefits and perks (47%) Career advancement opportunities (43%) Remote work options (39%) Higher salary (35%) Feeling burned out (26%) "For the past few years, many workers have taken a cautious approach to career moves, often prioritizing stability amid economic and workplace uncertainty," said Dawn Fay, operational president of Robert Half. "Today, we're seeing growing confidence among professionals as they re-engage with the job market and actively pursue opportunities that offer greater career growth, flexibility and alignment with their long-term aspirations."
How has AI complicated the job search?
While professionals are exploring new opportunities, many anticipate challenges ahead, particularly as AI continues to reshape the job search. Among those looking for a new role:
46% say AI-generated applications have intensified competition for open roles. 40% are concerned about keeping their skills current as AI evolves. "AI has fundamentally changed the job search," Fay added. "It's increasingly difficult to stand out as more candidates use AI-generated materials that can make applications appear polished—but sometimes less accurate or distinctive. It's important for job seekers to have a plan and continue to evolve their skills to align with current workplace expectations."
Robert Half's latest Job Search Strategies Guide offers practical advice aligned with these insights, helping early career professionals apply this guidance as they enter today's workforce.
FAQ:
Why are more professionals planning to look for a new job?
Workers are reassessing their long-term career goals, compensation, flexibility and growth opportunities. Professionals now appear more willing to explore new roles that better align with their priorities.
How has AI changed the job search process?
AI has made applying for jobs easier, but it has also increased competition and application volume. Hiring managers are reviewing more homogenous applications, making it increasingly important for candidates to demonstrate authentic technical skills, communication abilities and measurable experience.
What can job seekers do to stand out in today's market?
Candidates should focus on clearly communicating measurable accomplishments, showcasing adaptability, and highlighting both technical and human skills. Tailoring resumes thoughtfully rather than relying on AI can also help candidates differentiate themselves.
Should professionals work with a recruiter during their job search?
Working with a specialized staffing firm can help candidates better understand hiring trends, identify opportunities that align with their skills and prepare more effectively for interviews. Recruiting experts can also provide insight into employer expectations, compensation trends and in-demand skills across industries.
About the Research
The research is gathered from a survey developed by Robert Half and conducted by an independent research firm in April 2026. The survey includes responses from more than 2,000 employed workers across the United States.
About Robert Half
Robert Half (NYSE: RHI) is the world's first and largest specialized talent solutions and business consulting firm, connecting highly skilled job seekers with rewarding opportunities at great companies. We offer contract talent and permanent placement solutions in the fields of finance and accounting, technology, marketing and creative, legal, administrative and customer support, healthcare support, and human resources.
Robert Half is the parent company of Protiviti®, a global consulting firm that delivers internal audit, risk, business and technology consulting solutions. In the past 12 months, Robert Half, including Protiviti, has been named one of the Fortune® Most Admired Companies™ and 100 Best Companies to Work For. Explore talent solutions, research and insights at roberthalf.com.
Bill Rogers to assume executive chair role as part of planned leadership succession until April 2027 retirement
, /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced Michael P. Lyons as its next president and chief executive officer, effective Sept. 1, 2026. Lyons is a dynamic leader with over three decades of financial services experience and a proven track record of driving growth and competitive innovation in the banking industry.
Lyons succeeds Bill Rogers, who will become executive chair on Lyons' start date as part of Truist's leadership succession strategy. Rogers will serve in that role until his planned retirement in April 2027.
Lyons brings more than 30 years of industry leadership, which spans all sectors of financial services, to Truist. Most recently, he was CEO of Fiserv, Inc., a leading global financial technology and payments company that serves more than six million merchants and 10,000 financial institutions with core and digital banking solutions, card processing, merchant acquisition and point-of-sale systems.
Previously, Lyons was president of The PNC Financial Services Group, where he led all of PNC's lines of business. During more than 13 years at PNC, he played an instrumental role in shaping PNC's strategy, driving its financial performance, advancing its payments offerings and enabling successful national growth. Lyons also helped lead more than $15 billion of strategic acquisitions at PNC and expansion of the bank's geographic footprint.
Earlier in his career, he was the global head of corporate development, strategic planning, investor relations and private equity at Bank of America.
"Through our succession planning process, it became clear that Mike is an action-oriented leader committed to high performance across the full range of our company operations and the right person to lead Truist's next chapter of growth," said Truist Lead Independent Director Thomas E. Skains. "We are incredibly grateful for Bill's purpose-driven leadership as Truist's chief executive officer, and we look forward to his impactful contributions as executive chair."
"Truist is an exceptional bank with a strong foundation, incredible teammates and an extraordinary culture," said Lyons. "I couldn't be more excited to join the bank as CEO to apply my leadership experience and vision to drive the next phase of Truist's growth, cementing its position as a bank of choice for clients and creating value in the communities we serve. I also want to express my gratitude to Bill for the company and culture he has built."
"Mike will move Truist forward with purpose and care, and a sense of urgency to realize our potential," said Rogers. "It has been the professional privilege of my lifetime to lead Truist and to work alongside truly extraordinary teammates. We are proud and ready for this important next chapter in our story."
About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top 10 commercial bank with total assets of $549 billion as of March 31, 2026. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at Truist.com.
Lending support to his choice, Oppenheimer analyst Chris Kotowski, on Friday, maintained Jefferies Financial with an Outperform rating and raised the price target from $72 to $87.
Malcolm Ethridge, managing partner at Capital Area Planning Group, picked The Goldman Sachs Group, Inc. (NYSE:GS).
JP Morgan analyst Kian Abouhossein, on Friday, maintained Goldman Sachs with a Neutral rating and raised the price target from $826 to $900.
Don't forget to check out our premarket coverage here
Stephanie Link, chief investment strategist, head of investment solutions and portfolio manager at Hightower Advisors, recommended Kinder Morgan, Inc. (NYSE:KMI).
On the earnings front, Kinder Morgan, on April 22, posted better-than-expected first-quarter earnings. The company reported quarterly earnings of 48 cents per share which beat the analyst consensus estimate of 40 cents per share. The company reported quarterly sales of $4.828 billion which beat the analyst consensus estimate of $4.598 billion.
Brad Gerstner, founder and CEO of Altimeter Capital, picked SK Hynix Inc.
Price Action:
Jefferies Financial shares gained 3.4% to close at $61.66 on Friday. Goldman Sachs shares rose 2.6% to settle at $1,062.75 during the session. Kinder Morgan shares climbed 1.9% to close at $31.94 on Friday. Photo via Shutterstock
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Insulin Resistance Was Normalized Following 14 Days of Treatment, Supporting Restoration of Glucose Metabolism and Insulin Sensitivity and Further Validating Telomir-Zn's Metal-Homeostasis Mechanism Across Multiple Disease Models.
MIAMI, FL / ACCESS Newswire / June 15, 2026 / Telomir Pharmaceuticals, Inc. (NASDAQ:TELO) ("Telomir" or the "Company"), a clinical-stage biotechnology company developing small-molecule therapeutics targeting epigenetic and metabolic drivers of cancer and age-related disease, today announced the peer-reviewed publication of preclinical data demonstrating restoration of insulin sensitivity and significant improvement in glucose homeostasis with Telomir-Zn in a diet-induced zebrafish model of Type 2 diabetes mellitus (T2DM).
The manuscript, titled "Telomir-Zn Restores Glucose Homeostasis and Reduces Insulin Resistance in a Diet-Induced Zebrafish Model of Type 2 Diabetes," has been published in Biomedicine & Pharmacotherapy.
The publication is available online in Biomedicine & Pharmacotherapy.
Publication Highlights
Type 2 diabetes mellitus is characterized by chronic hyperglycemia, impaired glucose utilization, and insulin resistance. Insulin resistance is a central driver of disease progression and is associated with oxidative stress, mitochondrial dysfunction, and metabolic dysregulation.
In the study, zebrafish fed a high-calorie diet developed significant metabolic dysfunction, including fasting hyperglycemia, hyperinsulinemia, impaired glucose tolerance, and HOMA-IR values of approximately 10-12, consistent with severe insulin resistance.
According to the publication, treatment with Telomir-Zn produced dose-dependent improvements across multiple independent measures of metabolic health, including:
Significant reduction in fasting blood glucose levels to near control levels
Improved glucose clearance during oral glucose tolerance testing (OGTT)
Reduction in fasting insulin concentrations
Significant improvement in HOMA-IR, a widely used measure of insulin resistance
Most notably, HOMA-IR values declined from approximately 10-12 in untreated diabetic animals to approximately 3 following 14 days of treatment, representing a substantial reversal of insulin resistance. Improvements were observed in a dose-dependent manner and remained consistent across both Day 7 and Day 14 assessments.
The authors concluded that Telomir-Zn restored key metabolic parameters associated with insulin resistance and glucose dysregulation, supporting further investigation of metal-modulating small molecules as a novel therapeutic approach for metabolic disease.
Mechanistic Relevance to Telomir-Zn's Clinical Development Program
The publication adds to a growing body of peer-reviewed evidence supporting Telomir-Zn's mechanism of action through modulation of intracellular metal homeostasis.
Accumulating scientific evidence suggests that dysregulation of intracellular iron and zinc balance contributes to oxidative stress, mitochondrial dysfunction, and altered cellular signaling across multiple disease states. In metabolic disease, these processes can impair insulin receptor signaling and glucose homeostasis. In cancer, similar pathways have been implicated in epigenetic dysregulation, treatment resistance, tumor progression, and aggressive disease biology.
Telomir-Zn was designed to modulate intracellular metal homeostasis and influence iron-dependent biological pathways through a zinc-coordinated small-molecule platform.
While Type 2 diabetes and triple-negative breast cancer represent distinct disease states, both involve oxidative stress, dysregulated metal homeostasis, and iron-dependent cellular signaling pathways targeted by Telomir-Zn.
The Company believes these findings provide additional independent, peer-reviewed validation of biological pathways underlying its lead clinical program. Telomir-Zn recently received Investigational New Drug (IND) clearance from the U.S. Food and Drug Administration (FDA) for the Company's Phase 1/2 clinical trial (TELO-001) in patients with advanced or metastatic triple-negative breast cancer.
Management Commentary
"What makes these findings particularly interesting is that excess intracellular iron has been implicated in both insulin resistance and cancer biology," said Dr. Itzchak Angel, Chief Scientific Advisor of Telomir Pharmaceuticals and corresponding author of the publication.
"In diabetes, iron-driven oxidative stress can impair insulin signaling and glucose metabolism. In cancer, iron-dependent pathways can contribute to epigenetic dysregulation and tumor progression. The ability of Telomir-Zn to produce meaningful biological effects in multiple disease models further strengthens our confidence that modulation of intracellular metal homeostasis may represent an important therapeutic strategy."
"This publication represents our second peer-reviewed publication on Telomir-Zn in 2026, supporting the biological mechanism underlying Telomir-Zn," said Erez Aminov, Chairman and Chief Executive Officer of Telomir Pharmaceuticals.
"Combined with our recently published Wilson's disease findings and our FDA-cleared Phase 1/2 TNBC program, we continue to build a growing body of scientific evidence supporting the broader potential of our metal-homeostasis platform. We now have an FDA-cleared IND, preparations underway for our Phase 1/2 TNBC study, and multiple peer-reviewed publications supporting our underlying biology. Our focus remains on execution as we advance Telomir-Zn into human clinical trials."
About Telomir Pharmaceuticals
Telomir Pharmaceuticals, Inc. (NASDAQ:TELO) is a clinical-stage biotechnology company developing small-molecule therapeutics targeting epigenetic and metabolic pathways implicated in cancer, aging, and degenerative disease. The Company's lead program, Telomir-Zn, is designed to modulate intracellular metal homeostasis and epigenetic regulation and has received IND clearance from the U.S. Food and Drug Administration for a Phase 1/2 clinical trial in Triple-Negative Breast Cancer. For more information, please visit https://telomirpharma.com/.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "can," "could," "would," "may," "will," "believe," "estimate," "forecast," "goal," "project," "guidance," "potential," "intend," "seek," "target" and other words of similar meaning, although not all forward-looking statements include these words.
Forward-looking statements may include, but are not limited to, statements regarding the therapeutic potential, mechanism of action, development plans, regulatory pathway, safety profile, clinical utility, market opportunity, and future development of Telomir-1 (Telomir-Zn) and the Company's other product candidates. Forward-looking statements may also include statements regarding the significance of the published preclinical findings, the relevance of such findings to the Company's oncology development programs, the advancement of the Company's Phase 1/2 TNBC clinical trial, and the potential applicability of Telomir-Zn across multiple disease areas.
These forward-looking statements are based on current expectations, estimates, forecasts, and projections, as well as management's beliefs and assumptions, and are subject to significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, risks related to preclinical and clinical development, the ability to obtain regulatory approvals, the outcome of future studies, reliance on third parties, intellectual property protection, financing needs, market conditions, and the other risks identified under the heading "Risk Factors" contained in the Company's Annual Report on Form 10-K and the Company's other filings with the U.S. Securities and Exchange Commission ("SEC").
Forward-looking statements contained in this press release speak only as of the date hereof, and the Company undertakes no obligation to update or revise such statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.
We caution investors not to place undue reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at the SEC website and in the "Investors" section of our website, for a discussion of these and other risks and uncertainties.
On June 15, 2026, we take a closer look at the DCF analysis for Analog Devices Inc ADI , a company that has shown remarkable price performance over the past year. The stock has appreciated significantly, with a year-to-date increase of 55.0% and a one-year increase of 82.4%. However, the DCF valuation reveals a different perspective on its current price.
DCF Earnings-based intrinsic value: $227.83 vs current price: $417.79 (margin of safety: -83.4%) DCF FCF-based intrinsic value: $162.65 vs current price: $417.79 (significantly overvalued) GF Score™: 94/100, indicating high reliability of the DCF inputs What Is ADI Worth? DCF Earnings-Based Model The DCF earnings-based model for Analog Devices Inc ADI utilizes a two-stage valuation approach, which considers the company's expected growth over the next 10 years followed by a terminal growth phase. The model assumes a current EPS of $9.86 and a 10-year growth rate of 15.5%. The discount rate is set at 11%, derived from the risk-free rate and equity risk premium.
Parameter Value Current EPS (TTM, excl. non-recurring) $9.86 10-Year Growth Rate 15.5% 10-Year Treasury Rate 4.45% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The growth phase (Years 1-10) anticipates an EPS growth of 15.5% per year, which is then discounted at the rate of 11%. Following this growth phase, the terminal phase (Years 11-20) assumes a slower growth rate of 4%. The calculation summary is as follows:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 15.5%, discounted at 11% $123.49 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $104.34 Intrinsic Value Growth + Terminal $227.83 With the current price standing at $417.79, the intrinsic value derived from the DCF earnings-based model indicates that the stock is modestly overvalued, with a margin of safety of -83.4%. It is important to note that GuruFocus utilizes EPS excluding non-recurring items, as research indicates that stock prices correlate more closely with earnings than free cash flow. For a detailed calculation, visit the ADI DCF Calculator.
What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based intrinsic value for Analog Devices Inc is calculated at $162.65. When comparing this with the earnings-based intrinsic value of $227.83, the two models present a consensus of being significantly overvalued, with a margin of safety of -156.9%. This discrepancy highlights the importance of considering multiple valuation methods when assessing a company's worth.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for Analog Devices Inc is calculated at $299.80, providing a third perspective on the valuation. GF Value™ is GuruFocus' proprietary measure that takes into account historical trading multiples, past business growth, and future performance estimates. While the DCF models suggest the stock is overvalued, the GF Value™ also indicates a level of overvaluation, aligning with the findings from both the earnings-based and FCF-based DCF analyses. For more insights, visit the GF Value™ page.
What Does ADI's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been shown to generate higher long-term returns based on backtested data from 2006-2021. The current GF Score™ for Analog Devices Inc is 94/100, indicating strong performance across these metrics.
Metric Rating GF Score™ 94/100 Financial Strength 7/10 Profitability 9/10 Growth 10/10 Valuation 5/10 Momentum 9/10 With a predictability rank of 1/5 stars, it is important to note that higher predictability ratings contribute to the reliability of the DCF model for this stock. For further details, visit the ADI stock page.
Key Assumptions and Limitations It is crucial to recognize that DCF models are highly sensitive to the assumptions made regarding growth rates and discount rates. Stocks with low predictability ratings, such as Analog Devices Inc with a rank of 1/5, tend to produce less reliable DCF estimates. Additionally, the terminal growth rate of 4% is a simplifying assumption that may not fully capture future market conditions.
What This Means for Investors In synthesizing the findings from the DCF earnings-based model, the DCF FCF model, and the GF Value™, it is evident that Analog Devices Inc is currently overvalued. The significant discrepancies between intrinsic values and the current market price suggest caution for potential investors.
For the full DCF analysis, visit the ADI DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is ADI's intrinsic value based on DCF?
earnings-based $227.83, FCF-based $162.65
Is ADI overvalued or undervalued?
Based on the DCF and GF Value™ consensus, ADI is overvalued.
How reliable is the DCF model for ADI?
With a predictability rank of 1/5, the DCF model is less reliable for ADI.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
The global mobility technology company earned top distinction with two Gold awards for Environmental Leadership and Sustainable Business Innovation
RALEIGH, N.C.--(BUSINESS WIRE)--Vontier (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced it won Gold at the prestigious International Sustainability Awards® (ISA) 2026 for both the Best Environmental Sustainability and Best Sustainable Business Model categories. Vontier was also recognized as the overall winner for 2026, ISA's highest distinction.
Vontier’s Kaizen for Climate initiative stood out for its measurable impact, workforce-led innovation and the deep integration of sustainability into core business operations. It empowered Vontier’s frontline manufacturing teams to drive emissions reductions through structured continuous improvement.
Rather than imposing solutions from the top down, Vontier embedded sustainability within its Kaizen continuous improvement methodology, mobilizing hundreds of colleagues across global manufacturing sites to identify and implement practical efficiency gains that reduced costs and emissions.
“Winning two golds and the top recognition from the International Sustainability Awards is a remarkable accomplishment for Vontier, but what truly inspires us is how we achieved these results,” said Katie Rowen, EVP, Chief Transformation and Operations Officer. “We have ambitious targets and a team that embodies the spirit of curiosity, creativity and innovation. This, plus our culture of continuous improvement, keep sustainability integrated into every facet of our business.”
The International Sustainability Awards® accepts entries from public and private organizations of all sizes worldwide, attracting a highly competitive international field.
About Vontier
Vontier (NYSE: VNT) is a global technology company uniting productivity, automation and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier powers the way the world moves - delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation worldwide. Additional information about Vontier is available on the Company’s website at www.vontier.com.
On June 15, 2026, we take a closer look at the DCF analysis for Amphenol Corp APH amidst its recent price performance. The stock has shown impressive gains, with a year-to-date increase of 14.0% and a remarkable 63.7% rise over the past year.
DCF Earnings-based intrinsic value of $87.11 vs current price of $153.80 (margin of safety: -76.6%) DCF FCF-based intrinsic value of $83.39 vs current price (second opinion) GF Score™ of 94/100 indicating high reliability of the DCF inputs What Is APH Worth? DCF Earnings-Based Model The DCF earnings-based model for Amphenol Corp considers a two-stage growth approach. In the first stage, we project earnings growth over the next ten years at a rate of 15.5%. This growth is then discounted at a rate of 11%, which is derived from the risk-free rate and equity risk premium. In the second stage, we apply a terminal growth rate of 4% for the following ten years, also discounted at 11%. The assumptions used in this model are summarized in the table below:
Parameter Value Current EPS (TTM, excl. non-recurring) $3.77 10-Year Growth Rate 15.5% 10-Year Treasury Rate 4.45% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% In the growth phase (Years 1-10), the EPS is expected to grow at 15.5% per year, resulting in a value of $47.22 per share when discounted at 11%. Following this, in the terminal phase (Years 11-20), the growth rate slows to 4%, leading to a terminal stage value of $39.89 per share. The summary of these calculations is as follows:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 15.5%, discounted at 11% $47.22 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $39.89 Intrinsic Value Growth + Terminal $87.11 With the current price at $153.80, the intrinsic value of $87.11 indicates that the stock is modestly overvalued, with a margin of safety of -76.6%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research indicates that stock prices correlate more closely with earnings than with free cash flow. For further details, you can access the APH DCF Calculator.
What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based intrinsic value for Amphenol Corp is calculated at $83.39. When comparing this value with the earnings-based intrinsic value of $87.11, both models indicate that the stock is modestly overvalued, with a margin of safety of -84.4%. This alignment between the two valuation methods provides a consistent perspective on the stock's current valuation status.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for Amphenol Corp is calculated at $135.86, offering a third perspective on the stock's valuation. GF Value™ is GuruFocus' proprietary measure, derived from historical trading multiples, past business growth, and future performance estimates. Notably, all three models—the DCF earnings-based, DCF FCF-based, and GF Value™—suggest that the stock is overvalued at its current price. For more information, visit the GF Value™ page.
What Does APH's GF Score™ Tell Us? The GF Score™ for Amphenol Corp stands at an impressive 94/100, indicating strong potential for long-term returns based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have historically generated superior returns. Below is a summary of APH's GF Score™ metrics:
Metric Rating GF Score™ 94/100 Financial Strength 6/10 Profitability 9/10 Growth 10/10 Valuation 6/10 Momentum 8/10 With a predictability rank of 1/5 stars, it is essential to note that higher predictability ratings typically enhance the reliability of DCF models. For more insights, check the APH stock page.
Key Assumptions and Limitations It is important to recognize that DCF models are highly sensitive to the assumptions made regarding growth rates and discount rates. Stocks with low predictability ratings, such as APH's 1/5 stars, tend to produce less reliable DCF estimates. Additionally, the terminal growth rate of 4% is a simplifying assumption that may not reflect future market conditions.
What This Means for Investors In summary, the DCF earnings-based model, DCF FCF model, and GF Value™ all point towards Amphenol Corp being overvalued at its current price of $153.80. Given the significant discrepancies between the intrinsic values and the market price, investors may want to exercise caution.
For the full DCF analysis, visit the APH DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is APH's intrinsic value based on DCF?
earnings-based $87.11, FCF-based $83.39
Is APH overvalued or undervalued?
Based on the DCF earnings and FCF models, as well as GF Value™, APH is considered overvalued.
How reliable is the DCF model for APH?
The DCF model's reliability is limited due to a predictability rank of 1/5 stars.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Jabil Inc. (NYSE:JBL) will release earnings for its third quarter before the opening bell on Wednesday, June 17.
Analysts expect the Florida-based manufacturer to report quarterly earnings of $3.10 per share. That's up from $2.55 per share in the year-ago period. The consensus estimate for Jabil’s quarterly revenue is $8.61 billion (it reported $7.83 billion last year), according to Benzinga Pro.
On April 23, Jabil declared a quarterly dividend of 8 cents per share of common stock.
Shares of Jabil rose 2.1% to close at $384.82 on Friday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
Considering buying JBL stock? Here’s what analysts think:
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Together, the companies target GW-scale AI Rack and advanced infrastructure manufacturing for global data center build outs, anchoring India as a premier hub for AI hardware export.
AHMEDABAD, India & ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Adani Group, India’s leading integrated infrastructure and green energy conglomerate, and Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, today announced the intent to form a strategic alliance to establish a world-class, vertically integrated AI and data center infrastructure manufacturing platform in India.
The alliance integrates Jabil’s six decades of advanced engineering, cross-industry manufacturing expertise, and proven hyperscale data center solutions with Adani Group’s massive infrastructure footprint, green energy portfolio, logistics network, and rapidly expanding domestic data center operations. This powerful combination will be structured to directly address the explosive local and global demand for AI-ready data center hardware.
CORE PILLARS OF THE MANUFACTURING PLATFORM
Giga-Scale AI Rack Architecture: The platform plans to deploy multi-GW of high-density AI Rack manufacturing capacity in India. This will serve the critical infrastructure needs of global hyperscalers, co-location facilities, and enterprise data centers through the advanced manufacturing and integration of next-generation liquid-cooled AI racks, servers, storage, and networking systems utilizing state-of-the-art SMT (Surface Mount Technology) and complex box-build processes. 360-Degree AI Infrastructure Ecosystem: Beyond computing racks, the alliance encompasses full-spectrum white space and grey space device manufacturing. This includes Power Distribution Units (PDUs), Coolant Distribution Units (CDUs), Transformers, Switchgears, Bus Bars, and advanced thermal management systems. Together, Adani and Jabil intend to deliver an end-to-end, design-to-deployment hardware ecosystem, providing infrastructure builders with a highly integrated single-source solution. Market Scale & Transition to Final Documentation: This initiative addresses a global market opportunity exceeding USD 3 trillion over the next seven years, driven by structural investments in AI compute. The two organizations are currently working on the definitive operational frameworks and formal documentation to accelerate the execution of this manufacturing roadmap. STRATEGIC RATIONALE
India's data center market is at an inflection point, with industry forecasts projecting capacity to reach between 5-8 GW by 2030, fueled by growing AI demand, cloud expansion, and data localization requirements. As global hyperscalers accelerate investment in India's digital infrastructure — with more than USD 50 billion in planned spending across data center, cloud, and AI ecosystems — the country's focus on data sovereignty is reshaping technology supply chains. Coupled with the requirements of the Digital Personal Data Protection Act, these trends are driving increased demand for domestically manufactured hardware and strengthening India's position as a strategic technology manufacturing hub. Furthermore, the Union Budget 2026’s landmark tax holiday for data centers until 2047 significantly enhances the global export competitiveness of India-based manufacturing.
This alliance directly aligns with Adani Group’s USD 100 billion commitment to develop 5 GW of green-energy-powered, hyperscale AI-ready data centers by 2035, complementing established collaborations with global technology leaders.
Jabil, which recorded USD 29.8 billion in revenue for fiscal year 2025, continues to be a leader in the global AI data center buildout. Following strategic U.S. infrastructure expansions and the acquisitions of Hanley Energy Group and Mikros Technologies, Jabil brings comprehensive power management and precision thermal solutions capabilities to this Indian platform.
A LANDMARK STEP FOR 'MAKE IN INDIA'
This alliance serves as a flagship paradigm for the next phase of the Make in India vision, transitioning the nation from an importer of digital infrastructure into a dominant global manufacturer and exporter of AI hardware.
By anchoring high-value, deep-tech manufacturing domestically, the Adani-Jabil platform is expected to strengthen global supply chain resilience, generate thousands of highly skilled engineering jobs, and establish a sovereign-aligned technology ecosystem.
LEADERSHIP QUOTES
Mr. Gautam Adani, Chairman, Adani Group, noted:
"The world is entering an Intelligence Revolution more profound than any previous Industrial Revolution. Nations that master the symmetry between energy and compute will shape the next decade. India is uniquely positioned to lead. Our alliance with Jabil represents a decisive step in building India's complete AI infrastructure stack — from green power generation to world-class hardware manufacturing. Together, we will ensure India is not merely a consumer in the AI age, but a creator, builder, and exporter of intelligence."
Mr. Mike Dastoor, CEO, Jabil, stated:
"This strategic collaboration with Adani Group is another step forward in our efforts to create long-term value for customers throughout the AI ecosystem by offering scalable solutions across the product lifecycle. By combining Jabil's more than sixty years of engineering expertise and advanced manufacturing capabilities with Adani's formidable infrastructure and energy platform, we can expect to execute down to the rack level for hyperscalers and enterprises here in India and across the globe. As India becomes one of the world’s fastest-growing AI markets, the country’s skilled workforce and supportive business environment make it an attractive destination for this collaboration."
FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements, including those regarding the potential strategic collaboration with Adani Group. The statements in this release are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from our current expectations. Forward-looking statements could be affected by the following factors, among others, related to the potential alliance: the occurrence of any event, change or other circumstances that could give rise to the termination of work on the alliance, including the possibility of not being able to satisfactorily negotiate and execute a binding agreement regarding the collaboration; unexpected costs or unexpected liabilities that may arise from the potential alliance; the impact of changes in economic, market, political or social conditions; and future regulatory or legislative actions that could adversely affect the parties. Additional factors that could cause such differences can be found in Jabil’s Annual Report on Form 10-K for the fiscal year ended August 31, 2025 and Jabil’s other filings with the Securities and Exchange Commission. Jabil assumes no obligation to update these forward-looking statements.
About Adani Group:
Headquartered in Ahmedabad, India, Adani Group is one of India's largest integrated infrastructure conglomerates with interests in Resources, Logistics, Energy, Agro, Real Estate, Public Transport Infrastructure, Consumer Finance, and Defence. Driven by its core philosophy of ‘Nation Building’ and ‘Growth with Goodness’, the Group is committed to sustainable development and regional transformation. Further information at www.adani.com.
About Jabil:
At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, supply chain, and manufacturing solutions. With 60 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com.
Pre-Market Stock Futures: Futures are exploding higher on news of a peace deal with Iran expected to be signed this Friday. This follows a historic Friday that saw the coming-out party of Space Exploration Technologies (NASDAQ: SPCX), widely known as Elon Musk’s SpaceX. The record-breaking size of the offering, raising $75 billion, the company’s debut easily shattered the previous record set by Saudi Aramco’s 2019 listing, which raised $29.4 billion. The stock surged to open at $150 per share, briefly pushing the company’s valuation past $2.25 trillion. The massive IPO helped lift all major indices, which finished higher on Friday. The Dow Jones Industrial closed the day at 51,202, up 0.70%, while the S&P 500 finished the session at 7,431, higher by 0.50%. The Nasdaq closed the day at 25,888, up 0.31%, while the small-cap-heavy Russell 2000 was last seen at 2,943, up 0.77%. With a strong finish today, the Russell 2000 is the clear winner as we near the halfway point of 2026, up over 18%, almost double the Nasdaq.
Treasury Bonds: Treasury yields rose across the yield curve as traders closely tracked the potential for a Middle East peace deal. Fluctuations in oil prices and geopolitical developments often fuel inflation concerns, especially after we saw consumer and producer price index levels at their highest since late 2022 and 2023. Inflation, in turn, is reducing the real purchasing power of fixed-income assets and pushing yields higher. The 30-year long bond closed the day at 4.97%, while the 10-year note was not last seen at 4.49%.
Oil and Gas: Once again, the hopes for an end to the war with Iran, which, after more than a few false starts, does look on track this time. That positive momentum helped drive sellers to take both major oil indexes down on Friday, with Brent Crude closing at $86.83, down 3.93%, and West Texas Intermediate closing at $84.32, down 3.87%. Natural gas finished the session at $3.13, up 1.46%.
Gold: The precious metals complex, which has been struggling, closed modestly higher on Friday, with Gold closing up $4,215, up 0.11%, while Silver closed at $67.87, up 0.92%. Gold has moved lower since the fall of 2025 as investors became more confident about the economy and shifted money into stocks and other risk assets. Higher interest rates and a stronger U.S. dollar also hurt gold, which does not pay income like bonds or savings accounts. After a strong run higher in previous years, many investors also took profits, adding pressure to gold prices. While a run to new highs seems unlikely, a move back closer to $4,500 seems possible.
Crypto: Cryptocurrencies staged a strong rebound on Friday after a rough week of selling pressure. Bitcoin climbed back to roughly $63,500 while Ethereum advanced to about $1,671, recovering from lows that briefly pushed Bitcoin below $59,000 earlier in the week. The rally was fueled by renewed investor optimism as spot Bitcoin ETFs recorded net inflows, snapping a 13-day streak of withdrawals. At the same time, easing tensions between the U.S. and Iran helped improve overall risk appetite, encouraging investors to return to beaten-down crypto assets after the recent pullback. At 8 AM EDT, Bitcoin is trading at $66,119. At the same time, Ethereum was quoted at $1,762.
24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Monday, June 15, 2026.
Upgrades: Aviant Networks (NASDAQ: AVNW) was upgraded to Outperform from Market Perform at Northland, with a $25 target price. Datadog (NASDAQ: DDOG) | DDOG Price Prediction was upgraded to Buy from Hold at Truist, which blasted the target price to $300 from $190. Ferrari (NYSE: RACE) was raised to Overweight from Equal Weight at Morgan Stanley, which lifted the target price for the legendary car company to $438 from $388. Paychex (NASDAQ: PAYX) was raised to Buy from Neutral at Citigroup, which lifted the target price for the shares to $140 from $99. Rocket Lab USA (NASDAQ: RKLB) was upgraded to Overweight from Sector Weight at KeyBanc, with a $135 target price. Downgrades: Accenture (NYSE: ACN) was downgraded to Equal Weight from Overweight at Morgan Stanley, which slashed the target price to $177 from $240. Caesars Entertainment (NYSE: CZR) was cut to Hold from Buy at Stifel, with an unchanged target price of $31. Credicorp (NYSE: BAP) was downgraded to Neutral from Overweight at JPMorgan, with a $415 target price. MGM Resorts International (NYSE: MGM) was downgraded to Hold from Buy at Stifel, which bumped the target price to $49 from $48. Roku (NASDAQ: ROKU) was downgraded to Neutral from Outperform at Baird, which left the target price at $160. Initiations: Dupont de Nemours (NYSE: DD) was initiated with a Neutral rating at Goldman Sachs, with a $53 target price.
Epam Systems (NYSE: EPAM) was started with a Neutral rating at Wedbush, with a $99 target price objective. TeraWulf (NASDAQ: WULF) was initiated with a Buy rating at Bank of America, which has a $34 target price. 3M Company (NYSE: MMM) was reinstated with a Buy rating at Goldman Sachs, which has a $190 target price for the shares. Twist Bioscience (NASDAQ: TWST) was started with a Buy rating at Canaccord, with a $90 target price.
Marking its 10th consecutive year at VivaTech, ManpowerGroup will unveil new workforce research, showcase AI-powered innovation, and share practical insights on how organizations can build the workforce readiness needed to turn AI ambition into business impact.
, /PRNewswire/ -- ManpowerGroup, a global leader in workforce solutions, returns to VivaTech for the 10th consecutive year, bringing new workforce research, AI-powered innovations, and practical insights to one of the defining business challenges of the AI era: turning technology investment into business impact through people.
ManpowerGroup at VivaTech 2026 Under the theme Human First, Digital Always: Redesigning Work for the Age of AI, ManpowerGroup will offer a real time, real world, real people perspective on the future of work — showing organizations how they can move beyond experimentation and unlock the full value of AI by redesigning work, developing skills, and creating pathways for people to grow alongside emerging technologies.
"The conversation around AI has shifted from what's possible to what's practical," said Becky Frankiewicz, President and Chief Strategy Officer of ManpowerGroup. "While employers are investing in AI, worker confidence in using it is falling. That's the gap we need to close. The hardest part of AI adoption is the people side of the change. The companies getting ahead right now are the ones investing in their workforce with the same intensity they're investing in the tools. At VivaTech, we'll show organizations how to make that shift."
Featured ManpowerGroup Sessions at VivaTech 2026
Throughout VivaTech, ManpowerGroup leaders will bring fresh research, workforce intelligence, and practical experience to conversations about AI, workforce transformation, human-technology collaboration, and the future of talent.
An Inside Job: Reskilling for a New Economy – Wednesday, June 17 | Stage One | 3:15 – 3:45 p.m. CET
Frankiewicz joins Saadia Zahidi, Managing Director and Member of the Managing Board of the World Economic Forum, in a discussion moderated by CNBC's Karen Tso. Together, they will examine whether organizations can reskill workers quickly enough to keep pace with AI-driven change, which industries face the greatest workforce pressures, and how leaders can prepare talent for a rapidly evolving economy. The Industrial-Scale Reshuffle: How Are Machine Collabs Transforming Work? – Wednesday, June 17 | Black Stage | 12:25 – 1 p.m. CET
Riccardo Barberis, Regional President, Northern Europe and France, takes the stage alongside Samantha Gloede, Global Head of Risk Services and Global Trusted AI Leader at KPMG International, and Erkki Keldo, Minister of Economy and Industry of the Government of Estonia. The discussion will examine how global manufacturing is confronting a historic labor crunch as aging workforces retire, how AI is emerging as a bridge for knowledge transfer to a new generation, and whether the shift from automation to autonomy is spawning new career categories while eliminating old ones. Beyond the AI Pilot: How Humans and Agents Drive Enterprise Impact – Thursday, June 18 | IBM Booth | 4 – 4:30 p.m. CET
Kye Mitchell, President of Experis U.S., will headline an IBM-hosted discussion at the IBM booth on how human teams and AI agents can work together once organizations move beyond AI experimentation to drive real enterprise impact through the right balance of talent, technology, and governance. Hybrid Intelligence: Managing AI's Evolution from Tool to Coworker – Friday, June 19 | Purple Stage | 11:10 – 11:55 a.m. CET A conversation with Valérie Beaulieu-James, Chief Growth and Innovation Officer; Corine de Bilbao, CVP of Microsoft France; and Jeremie Profeta, Chief Transformation Officer of Sonepar, moderated by Ana Rold, CEO and Founder of Diplomatic Courier. The panel will explore how AI is evolving from a passive tool into an active teammate, what becomes our new competitive advantage when technical hard skills are commoditized by automation, how to balance the speed of agentic autonomy with human accountability, and what leaders must learn to lead effectively tomorrow as we move from managing people to orchestrating systems.
Beyond the Résumé: What AI Means for How We Hire and Who Gets Ahead – Friday, June 19 | Purple Stage | 12 PM – 12:40 PM CET
Ruth Harper, SVP, Chief Marketing and Sustainability Officer, sits down with Sue Duke, Managing Director for EMEA & LATAM and VP of Global Public Policy at LinkedIn, Claire Lebarz, CTO of Malt, and Emily Witko, Head of Culture at Hugging Face, moderated by Charlie Perreau, Cheffe du service Tech-Médias-Startup at Les Echos. The session will take on how AI is transforming recruitment at speed, parsing thousands of résumés in seconds while risking codified bias, how organizations can hire for potential rather than credentials when the definition of competence keeps shifting, and who is ultimately responsible when a machine makes a career-altering decision. One Booth, Three Brands, Three Days of Focus
Throughout VivaTech, the ManpowerGroup booth will feature dedicated brand days, each designed to showcase how Manpower, Experis, and Talent Solutions are turning AI ambition into workforce reality.
Wednesday, June 17 – Manpower Day: Creating Talent at Scale
Manpower will demonstrate how organizations can build workforce readiness at scale through AI-powered hiring and talent development. Live demonstrations will feature:
Sophie PowerChat, a conversational assistant that helps candidates discover and apply for opportunities in minutes. Hubert AI, a 24/7 automated pre-screening solution that accelerates hiring while improving candidate experience. AutoMatch, an AI-driven matching engine that connects the right people to the right jobs faster and more accurately. The newly enhanced Manpower App, delivering a personalized, connected experience for job seekers and associates. At 9:30 a.m. CET, the ManpowerGroup booth will host a panel discussion, The Candidate Experience for the Next Generation of Talent, featuring Sébastien Delfosse, Global Brand Leader of Manpower; Greg Dunbar, Chief Commercial Officer at Hubert; and Diana Filip, Deputy CEO and Chief Development Officer at JA Europe. Together, they will tackle how AI is reshaping the way young people enter the workforce and how organizations can prepare early-career workers for jobs that are changing faster than the systems built to train them.
Thursday, June 18 – Experis Day: From Innovation to Impact
Experis will showcase how human ingenuity unlocks the full potential of technology, with a focus on enterprise AI services and tech talent development. Highlights include:
EXCELERATE AI, a comprehensive AI services suite built to help organizations move from experimentation to enterprise-scale implementation. The Tech Talent Community, connecting employers with highly skilled technology professionals across in-demand disciplines. MyCONTACT Bot First, an omnichannel support platform that combines automation with human expertise to improve IT service delivery. The day will also feature a live presentation of the Experis CIO Outlook 2026 at the ManpowerGroup booth at 10 a.m. CET. Based on responses from 1,930 technology leaders across 12 countries, the research finds that 54% of CIOs are already realizing positive returns on AI investments. James Hallahan, Experis Europe Brand Leader, will lead a discussion with technology executives following the presentation.
Friday, June 19 – Talent Solutions Day: Workforce Intelligence for a Complex World
Talent Solutions will demonstrate how data-driven workforce strategy enables organizations to anticipate change and build long-term resilience. Innovations on display include:
AI Boost, a rapid 30-minute diagnostic that measures organizational AI maturity through workforce assessment. AI Impact Scorecard, a predictive planning tool that models automation potential and efficiency gains over three years. Agents-to-Humans, a human-centered orchestration platform that automates HR processes while maintaining transparency, accountability, and human oversight. Beaulieu-James returns to the ManpowerGroup booth at 2:30 p.m. CET for The New Talent Equation: Why AI Is Not the Differentiator, joined by Krishna Charan, VP at Everest Group. Drawing on new research from ManpowerGroup Talent Solutions and Everest Group, the panel will examine why more than 90% of organizations are using AI in talent acquisition but fewer than 5% report transformational outcomes — and what it takes to close that gap.
Startup Challenge: Redesigning Work for the Age of AI
To spotlight emerging technologies helping organizations close skills gaps, improve hiring outcomes, accelerate workforce development, and expand access to opportunity, ManpowerGroup will host the live finale of its 2026 VivaTech Startup Challenge on Wednesday, June 17, at the Viva Pitch Studio.
Of the more than 200 applicants, five global finalists were selected for their ability to deliver these capabilities:
Hippolyte.ai – An agentic AI recruitment platform spanning passive sourcing through conversational chatbots and voicebots, helping organizations reduce time-to-hire. Skillvue – A skills intelligence platform that integrates into HR ecosystems to provide objective, science-based data for hiring, internal mobility, and workforce planning. Skillberg – A unified European skills architecture mapping more than 158,000 skills and 20,000 occupations to support multilingual talent matching across borders. SynTwin – An AI-powered platform that creates conversational digital replicas of top-performing professionals to accelerate onboarding, training, and knowledge transfer. TaTiO – A virtual job simulation platform enabling employers to evaluate real-world capabilities through practical, role-based assessments. The winning startup will receive an opportunity to launch a commercial proof-of-concept partnership with an active ManpowerGroup market.
Bringing Worker Voices to VivaTech
Throughout the event, the ManpowerGroup booth will feature a live worker storytelling activation, capturing perspectives on how technology is changing work and what individuals need to thrive in an AI-powered economy.
On Saturday, June 20, the booth will transition into a dedicated Talent Center, connecting job seekers with recruiters and career opportunities while demonstrating ManpowerGroup's commitment to helping people build meaningful, sustainable careers in a rapidly evolving labor market.
For more information about ManpowerGroup at VivaTech 2026, visit manpowergroup.com.
ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time; all confirming our position as the brand of choice for in-demand talent.
For more information, visit www.manpowergroup.com, or follow us on LinkedIn, Facebook, and Bluesky.
– Proceeds to be used to repurchase or repay 2026 convertible notes prior to or at maturity –
– Offering to include buyback of common stock –
, /PRNewswire/ -- PTC Therapeutics, Inc., (NASDAQ: PTCT) today announced that it intends to offer, subject to market conditions and other factors, $500.0 million aggregate principal amount of Convertible Senior Notes due 2031 (the "Notes") in a private placement (the "Offering") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). PTC intends to grant the initial purchasers an option to purchase, within a 13-day period beginning on, and including, the date on which the Notes are first issued, up to $50.0 million of additional Notes.
The Notes will be general senior unsecured obligations of PTC and will accrue interest payable semiannually in arrears. The Notes will mature on June 15, 2031, unless earlier converted, repurchased or redeemed. Upon conversion, PTC will pay or deliver, as the case may be, cash, shares of its common stock or a combination of cash and shares of its common stock, at PTC's election. The interest rate, initial conversion rate and other terms of the Notes will be determined at the time of pricing of the Offering.
PTC expects to use net proceeds from the Offering for repurchases of a portion of its 1.5% Convertible Senior Notes due 2026 (the "2026 Notes") concurrently with the Offering, and for the repayment or retirement of any remaining 2026 Notes at maturity. PTC also expects to repurchase shares of common stock in an amount of approximately $50.0 million, through privately negotiated transactions effected concurrently with the Offering, although the amount of its common stock that PTC actually repurchases may be more or less than $50 million. Any remaining net proceeds from the Offering will be used for general corporate purposes, which may include additional repurchases of the 2026 Notes from time to time following the Offering.
In connection with the concurrent share repurchase described above, PTC expects to repurchase shares of its common stock sold short by initial investors in the Offering in privately negotiated transactions effected with or through one of the initial purchasers or its affiliate at a purchase price per share expected to be equal to the closing price per share of PTC's common stock on the pricing date of the Offering. These repurchases could increase (or reduce the size of any decrease in) the market price of PTC's common stock or the Notes. This activity could affect the market price of PTC's common stock prior to, concurrently with or shortly after the pricing of the Notes, and could result in a higher effective conversion price for the Notes.
PTC may repurchase for cash a portion of the 2026 Notes concurrently with the Offering pursuant to one or more separate and individually negotiated transactions with one or more holders of the 2026 Notes (each, a "concurrent note repurchase transaction"). The terms of each concurrent note repurchase transaction will depend on a variety of factors, including the market price of PTC's common stock and the trading price of the 2026 Notes at the time of the repurchase, if any. No assurance can be given as to how much, if any, of the 2026 Notes will be repurchased or the terms on which they will be repurchased. This press release is not a notice of redemption or an offer to repurchase the 2026 Notes, and the Offering of the Notes is not contingent upon the repurchase of any of the 2026 Notes.
In connection with any repurchase of the 2026 Notes, PTC expects that holders of the 2026 Notes who agree to have their 2026 Notes repurchased may enter into or unwind various derivatives with respect to PTC's common stock and/or purchase shares of PTC's common stock concurrently with or shortly after the pricing of the Notes. In particular, PTC expects that many holders of the 2026 Notes employ a convertible arbitrage strategy with respect to the 2026 Notes and have a short position with respect to PTC's common stock that they would close out through purchases of PTC's common stock and/or the unwinding of various derivatives with respect to PTC's common stock, as the case may be, in connection with PTC's repurchase of the 2026 Notes, if any. This activity could increase (or reduce the size of any decrease in) the market price of PTC's common stock, which may also affect the trading price of the Notes at that time and could result in a higher effective conversion price of the Notes. PTC cannot predict the magnitude of such market activity or the overall effect it will have on the price of the Notes or PTC's common stock.
The offer of Notes will be made only by means of a private offering memorandum. The offer and sale of the Notes and any shares of PTC's common stock issuable upon conversion of the Notes have not been, and will not be, registered under the Securities Act or any other securities laws, and the Notes and any such shares cannot be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws.
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, the Notes or any shares of PTC's common stock issuable upon conversion of the Notes, nor will there be any sale of the Notes or any such shares, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful.
About PTC Therapeutics, Inc.
PTC is a global biopharmaceutical company dedicated to the discovery, development and commercialization of clinically differentiated medicines for children and adults living with rare disorders. PTC is advancing a robust and diversified pipeline of transformative medicines as part of its mission to provide access to best-in-class treatments for patients with unmet medical needs. The company's strategy is to leverage its scientific expertise and global commercial infrastructure to optimize value for patients and other stakeholders.
For more information please contact:
Investors:
Ellen Cavaleri
+1 (615) 618-8228
[email protected]
Cautionary Note Regarding Forward-Looking Statements:
The press release contains information about future expectations, plans and prospects of PTC's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995, including statements with respect to PTC's expectations to complete the proposed offering of the Notes, the terms of the Offering, its use of proceeds from the Offering, expectations regarding the concurrent share and note repurchases and the effect of the potential concurrent share and note repurchases. There can be no assurance that PTC will be able to complete the proposed notes offering on the anticipated terms, or at all. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the terms of the Notes and the Offering, risks and uncertainties related to whether or not PTC will consummate the Offering, the impact of general economic, industry, market or political conditions and other factors that are discussed in PTC's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other documents periodically filed with the Securities and Exchange Commission.
In addition, the statements in this press release represent PTC's expectations and beliefs as of the date of this press release. PTC anticipates that subsequent events and developments may cause these expectations and beliefs to change. However, while PTC may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing PTC's expectations or beliefs as of any date subsequent to the date of this press release.
Stock NewsGlobal markets rally on Iran peace deal: Equities surged worldwide and oil prices dropped after the U.S. and Iran reached a tentative agreement to end hostilities and reopen the Strait of Hormuz, with the Dow Jones futures jumping over 1% and Asian, European markets also posting strong gains. Source: CNBC.SpaceX rallies after historic IPO debut: SpaceX SPCX shares rose 6% in premarket trading Monday after jumping 19% on Friday in the largest IPO ever, sending its market capitalization above $2 trillion and sparking debate over valuation among analysts. Source: CNBC.Fox acquires Roku in $22B deal: Fox Corporation agreed to acquire Roku ROKU for $160 per share in cash and FOX stock, creating one of the largest U.S. streaming platforms and targeting $400 million in cost synergies. Source: CNBC.Zhipu surges on China AI optimism: Shares of Zhipu 2513-HK soared up to 48% before closing 33% higher as Wall Street raised forecasts, following U.S. curbs on Anthropic and a new open-source AI release, while domestic rival MiniMax 100-HK lagged. Source: CNBC.Nara Organics recalls infant formula after botulism cases: Nara Organics recalled all Whole Milk Organic Infant Formula sold in the U.S. after three infants were hospitalized with botulism in California, Pennsylvania, and Washington; authorities advise consumers to stop use immediately. Source: FDA.Starbucks Korea announces mandatory staff training: Starbucks Korea will close all stores early on June 22 for nationwide history and social sensitivity training after a marketing campaign controversy tied to the 1980 Gwangju uprising anniversary. Source: AP News.Gwynne Shotwell’s leadership highlighted at SpaceX: SpaceX President and COO Gwynne Shotwell, now worth over $2B, is recognized for expanding SpaceX, navigating its IPO, and managing major technological and financial milestones alongside CEO Elon Musk. Source: Fortune.Charlie Javice seeks Trump pardon after JPMorgan fraud conviction: Former Frank founder Charlie Javice, convicted of defrauding JPMorgan JPM , is reportedly seeking a presidential pardon from the Trump administration while serving a seven-year prison sentence. Source: CNBC.U.K. scam losses surge as criminals use AI: Financial fraud losses in the U.K. rose to £1.3 billion in 2025, with criminals increasingly leveraging AI for sophisticated investment, purchase, and romance scams, according to a new UK Finance report. Source: BBC.Investment fraud losses hit £220 million in the U.K.: U.K. investment scams soared 40% to £221.5 million last year, fueled by AI-enabled schemes targeting investors in gold, cryptocurrency, and wine. Source: The Guardian.Authorised payment scams grow sharply in Britain: Authorised push payment (APP) fraud losses rose 19% to £576.4 million in 2025 as AI-made scams more sophisticated, with banks reimbursing 61% of losses to victims. Source: Yahoo Finance UK.Bank of Japan rate decision eyed by global markets and crypto: Speculators are closely watching Tuesday’s Bank of Japan meeting, where a widely expected rate hike could prompt a sharp unwinding of yen carry trades and spur volatility in risk assets and cryptocurrencies. Source: CoinDesk.Dollar remains firm ahead of U.S. inflation data: The U.S. dollar stays supported as investors await key CPI data, with higher real rates pressuring alternative assets and reinforcing expectations of Fed policy tightening. Source: ING Think.Business leaders accelerate electrification amid energy volatility: A global poll finds over 90% of businesses expect to be largely electrified by 2035, driven by energy price swings and clean transition priorities. Source: BusinessGreen.SpaceX IPO sets new valuation benchmarks and debate: SpaceX (SPCX) set a $2T valuation in its debut, the highest ever for an IPO, with analysts divided on long-term prospects due to ambitious growth plans and near-term unprofitability. Source: Yahoo Finance.Analysis: SpaceX’s IPO and index inclusion strategy: The structure of the SpaceX float and listing timing is expected to drive future index buying and may increase market volatility, with significant attention on float percentage and future insider sales. Source: Asia Times.Oil markets react to U.S.-Iran deal and supply challenges: U.S. gasoline inventories are falling at a record pace ahead of the summer season, with strong exports and refinery utilization adding to fuel market tightness despite the decline in global oil prices. Source: OilPrice.com.Musk’s government support under scrutiny: Analysis shows federal grants and contracts played a crucial role in the early success of Tesla TSLA , SpaceX (SPCX), and Elon Musk’s wealth creation, sparking debate about public-private partnership outcomes. Source: Action News Now.Investor caution on SpaceX after IPO surge: Several analysts urge caution following SpaceX’s IPO rally, citing historical underperformance of large IPOs in subsequent months and recommending investors wait for more financial data and clarity. Source: InvestorPlace.Spotlight: U.K. authorized payment scams rise with AI: The sophistication and scale of AI-assisted scams led to a sharp increase in authorized push payment fraud and overall fraud losses in 2025, with calls for stronger online platform regulation. Source: BBC.Upcoming EarningsPowerFleet Inc AIOT will report today. Analysts estimate EPS 0 and revenue 113.06 million.Dave & Buster's Entertainment Inc PLAY will report today after close. Analysts estimate EPS 0.61 and revenue 580.46 million.RF Industries Ltd RFIL will report today after close. Analysts estimate EPS 0.02 and revenue 19.67 million.Quantum Corp QMCO will report today after close. Analysts estimate EPS -0.48 and revenue 72.75 million.Comtech Telecommunications Corp CMTL will report today. Analysts estimate EPS -0.54 and revenue 110.20 million.Upcoming DividendsPublic Storage PSA goes ex-dividend today for $3.00 (yield 3.68%).NewMarket Corp NEU goes ex-dividend today for $3.00 (yield 1.38%).UnitedHealth Group Inc UNH goes ex-dividend today for $2.32 (yield 2.16%).Domino's Pizza Inc DPZ goes ex-dividend today for $1.99 (yield 2.23%).Extra Space Storage Inc EXR goes ex-dividend today for $1.62 (yield 4.30%).Notable Insider TransactionsSummit Therapeutics Inc SMMT — Maky Zanganeh, a Co-CEO, 10% Owner, reported buying 3,810,000 shares at $13.12 ($49.99M total) Jun 12.Summit Therapeutics Inc (SMMT) — Robert W Duggan, a Co-CEO, 10% Owner, reported buying 3,810,000 shares at $13.12 ($49.99M total) Jun 12.Dutch Bros Inc BROS — Travis Boersma, a Executive Chairman of Board, 10% Owner, reported selling 1,499,999 shares at $61.71 ($92.56M total) Jun 12.APi Group Corp APG — Martin E Franklin, a Director, 10% Owner, reported selling 2,000,000 shares at $42.08 ($84.16M total) Jun 12.Dutch Bros Inc (BROS) — Dm Trust Aggregator, Llc, a 10% Owner, reported selling 977,890 shares at $61.71 ($60.35M total) Jun 12.Stock RatingsBroadcom (AVGO) was upgraded by Wall Street Zen from "buy" to "strong-buy".Wells Fargo & Company (WFC) was upgraded by Wall Street Zen from "sell" to "hold".Advanced Micro Devices (AMD) was upgraded by The Goldman Sachs Group, Inc. from "buy" to "buy".This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
A video sign displays the logo for Roku Inc in Times Square after the company's IPO at the Nasdaq Market in New York, U.S., September 28, 2017. REUTERS/Brendan McDermid/File Photo Purchase Licensing Rights, opens new tab
CompaniesJune 15 (Reuters) - Fox Corp (FOXA.O), opens new tab is buying Roku (ROKU.O), opens new tab in a cash-and-stock deal valued at about $22 billion in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online.
The deal, announced on Monday, gives the cable TV-reliant Fox direct access to Roku's large installed base of more than 100 million streaming households, helping it better sell targeted ads and reduce reliance on traditional distribution.
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Fox will acquire Roku for $160 per share, representing a premium of 11.4% to Roku's last close.
Shares of Fox were down 8% in premarket trade, while Roku's shares were halted.
Roku is one of the first companies to bring streaming platforms like Netflix and YouTube to television through connected devices and smart TVs.
Its business is largely driven by advertising and subscription revenue from streaming apps on its platform. Advertising is the largest component, with revenue of $613 million in the first quarter, up 27% year-on-year.
Fox already operates Tubi, while Roku runs The Roku Channel, and a combination of the two platforms could create a clear leader in streaming, with a meaningful share of total TV viewing, JP Morgan analysts said on Sunday.
Reuters reported on Friday that Roku is exploring its strategic options, including a full sale of the firm, amid interest from companies seeking access to its vast streaming audience and advertising platform.
The combined company will become the third-largest player in U.S. television by share of viewing, the companies said.
The deal is expected to close in the first half of calendar year 2027.
Upon closing, existing Fox shareholders are expected to own about 73% of the combined company and Roku shareholders about 27%.
Reporting by Harshita Mary Varghese in Bengaluru; Editing by Devika Syamnath
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Fox Corp. has reached an agreement to acquire Roku for roughly $22 billion, marking another chapter in media consolidation as the industry grapples with several changes and challenges.
On Monday Fox announced it would acquire Roku for $160 per share. Fox's stock was trading down about 13% in premarket trading, while Roku was up about 2%.
The combination will bring together Fox's news and sports channels, as well as its free ad-supported streamer Tubi with Roku, the maker of streaming devices and also the home of The Roku Channel, a service similar to Tubi.
The proposed acquisition comes about seven years after Fox's last major deal, when it shed its entertainment assets in a $71 billion deal with Disney. Since then, Fox's portfolio has primarily been made up of its TV channels, namely broadcast network Fox, which has been airing the FIFA World Cup since last week, and Fox News Channel on cable.
In 2020 Fox acquired Tubi for $440 million. That service had long been its answer to the streaming wars, prior to the announcement of Fox One, its direct-to-consumer option that launched last year.
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Fox is making a big bet on streaming TV by entering a deal to acquire the connected-TV platform Roku. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Fox is making its biggest bet yet on streaming TV.
Fox on Monday announced it had entered an agreement to acquire Roku for a mix of cash and stock. The deal gives Roku an enterprise value of around $22 billion, Fox said.
The deal combines Fox's sports, news, and entertainment content with Roku's connected-TV devices and digital ads business.
Fox CEO Lachlan Murdoch said the deal marks "a defining moment for the company."
This is a developing story. Come back for updates.
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Lara O'Reilly You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Lara O'Reilly is the anchor of the CMO Insider newsletter.She is a senior correspondent who has covered the digital advertising, marketing, and media industries since 2010. Her current beat includes big tech companies like Alphabet, and Meta, and adtech firms, agencies, publishers, the creator economy, and CMOs.Lara has previously worked as a reporter and executive producer at titles including The Wall Street Journal, Digiday, Yahoo Finance, and Marketing Week. She was previously Business Insider's senior global advertising editor from 2014 to 2017.Lara was named "Digital Journalist of the Year" by the London Press Club in 2016.Lara is a regular guest on TV and radio and has appeared on outlets such as the BBC, NPR, SiriusXM's Wharton Business Daily, and CTV Television Network. She also frequently speaks on stage at major events such as Web Summit, IFA, VivaTech, Advertising Week, and Cannes Lions.To get in touch with Lara O'Reilly, email [email protected] or contact her on Signal at @loreilly.71Check out Insider's source guide for tips on sharing information securely.Read some of Lara's recent work below:
Inside Amazon's plan to clobber rivals The Trade Desk and Google in a key area of advertisingMeet Cindy Rose, the former lawyer and top Microsoft exec set to become CEO of ad giant WPPHow X CEO Linda Yaccarino went from Elon Musk's fixer to out of a job in 2 yearsInside the political reckoning shaking up the ad industryMeet the 'reclusive' tech billionaire making an audacious bid to buy TikTokTop marketers are under a ton of pressure. They told me how they're trying to make themselves recession-proof.Big Tech workers got too used to perks. The pampering is over. Roku
Allows full testing of TETRA MS radios, including transmitter parametric measurements, call processing and BER/MER loopback without the need to place radios in T1 test mode
, /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) has announced a TETRA MS radio base station simulator option for its field-portable CX300 communications service monitor. The upgrade enables full testing without placing radios in T1 test mode, streamlining and accelerating validation of mission‑critical communication systems.
Allows full testing of TETRA MS radios, including transmitter parametric measurements, call processing and BER/MER loopback without the need to place radios in T1 test mode TETRA (terrestrial trunked radio), a global open standard for voice and data communications developed by the European Telecommunications Standards Institute (ETSI), operates independently of commercial cellular networks. It has been widely adopted by emergency services, government agencies and industries such as transport for its resilience, fast call setup, built-in high security encryption, group-voice push-to-talk calling, and direct device-to-device communications through Direct Mode Operation (DMO).
The TETRA MS upgrade is available via a software-keyed option on the CX300 and requires no additional hardware. It enables the full testing of TETRA MS radios, including transmitter parametric measurements (power profile, RF power, carrier frequency offset, burst timing, modulation accuracy), call processing and receiver BER/MER loopback without requiring the radio under test to be placed in T1 test mode. VIAVI provides migration support for existing users of the legacy 3920B platform.
"VIAVI has been the benchmark for TETRA radio testing for more than two decades, and the CX300 TETRA MS option is the next step in that tradition," said Wayne Wong, Director of Product Management, Radio Test, VIAVI. "This upgrade lets technicians test a TETRA mobile station the way it actually operates in the field, registering to a base station without requiring any special test mode on the radio."
The CX300 supports the testing of all major LMR/PMR protocols including TETRA, P25, DMR (MOTOTRBO) and NXDN. The device integrates spectrum analysis, signal generation and analysis, cable and antenna analysis, 2-port 1 path VNA, power measurement, audio analysis and VIAVI AutoTest automated alignment.
About VIAVI
VIAVI (NASDAQ: VIAV) is a global leader in test and measurement and optical technologies. Our test, monitoring, assurance, and resilient position, navigation and timing solutions enable and secure critical infrastructure ranging from data center ecosystems and communication networks to military, aerospace, railway and first responder communications. In addition, we develop and advance technologies used in high-volume optical applications across anti-counterfeiting, consumer electronics, aerospace, industrial and automotive end markets.
Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn and YouTube.
Media Inquiries:
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NEW YORK--(BUSINESS WIRE)--MSCI Inc. (“MSCI” or the “Company”) (NYSE: MSCI) published an investor presentation for investors and analysts on its Investor Relations homepage, ir.msci.com, on Monday, June 15, 2026. The Company’s management may use this presentation during meetings with investors and analysts.
About MSCI Inc.
MSCI Inc. (NYSE: MSCI) strengthens global markets by connecting participants across the financial ecosystem with a common language. Our research-based data, analytics and indexes, supported by advanced technology, set standards for global investors and help our clients understand risks and opportunities so they can make better decisions and unlock innovation. We serve asset managers and owners, private-market sponsors and investors, hedge funds, wealth managers, banks, insurers and corporates.
Toronto, Ontario--(Newsfile Corp. - June 15, 2026) - White Gold Corp. (TSXV: WGO) (OTCQX: WHGOF) (FSE: 29W) ("White Gold" or the "Company") is pleased to announce that it has filed the requisite notice setting the record and meeting date in respect of an annual and special meeting (the "Meeting") of shareholders of White Gold (the "Shareholders"). At the Meeting, Shareholders will be asked to approve, among other things, a special resolution approving the proposed Spin-Out (as defined below).
The record date for the determination of Shareholders eligible to attend and vote at the Meeting has been set as June 29, 2026, and the Meeting will be held on August 11, 2026.
"The setting of these dates mark an important step toward completing the proposed Spin-Out as we continue to advance and execute on our stated milestones including our recently commenced and largest ever diamond drill program, the upcoming maiden PEA, and more, which we believe have the potential to make 2026 a transformational year. The W2 spinout has been designed to unlock the value of our prospective critical mineral projects by creating a dedicated publicly listed vehicle, with shares to be distributed to White Gold shareholders. This will also allow White Gold to increase its focus on advancing our flagship gold project - one of Canada's highest-grade undeveloped open pittable resources, which remains open for growth - and pursue additional discoveries across our district-scale land package in the Yukon's prolific White Gold District," stated David D'Onofrio, Chief Executive Officer, White Gold Corp.
The Spin-Out
Further to its press release dated May 5, 2026, White Gold intends to undertake a reorganization transaction (the "Spin-Out") whereby it will, among other things, spin-out its portfolio of copper, molybdenum, tungsten and other critical mineral properties located in west-central Yukon (the "Critical Mineral Assets") into a wholly owned subsidiary, W2 Critical Minerals Corp. ("Spinco"). The Spin-Out will be completed by way of a plan of arrangement (the "Arrangement") under the Business Corporations Act (Ontario) and subject to the terms and conditions of the arrangement agreement (the "Arrangement Agreement") entered into by the Company and Spinco.
Following completion of the Spin-Out, the Critical Mineral Assets to be held by Spinco will include six properties: the Bridget Property; the Loonie Property; the Wolf Property; the Hunker Property; the Hayes Property; and the Toonie Property. These properties include several large-scale critical minerals targets prospective for Copper (Cu), Molybdenum (Mo), Tungsten (W), Antimony (Sb), Zinc (Zn) and Bismuth (Bi). The Spin-Out is designed to unlock the value of White Gold's non-gold project portfolio.
Pursuant to the terms of the Arrangement Agreement, the Company will, among other things, transfer its interests in the Critical Minerals Assets to Spinco in exchange for common shares of Spinco ("Spinco Shares") and distribute Spinco Shares to the holders of common shares of the Company ("WGO Shares") on the basis of one Spinco Share for every five WGO Shares held by each Shareholder immediately prior to the effective date of the Spin-Out. There will be no change in the Shareholders' holdings in the Company as a result of the Spin-Out. Following completion of the Spin-Out, the Company is expected to hold an approximately 19% ownership interest in Spinco.
The Spin-Out will be subject to regulatory approval, including the approval of the TSX Venture Exchange (the "TSXV") and court approval, as well as approval by not less than two-thirds of the votes cast at the Meeting. Spinco intends to apply to list the Spinco Shares on the TSXV shortly following completion of the Spin-Out. Readers are cautioned that, while Spinco intends to pursue a listing on the TSXV, an application for listing has not been submitted and completion of a listing is subject to regulatory approvals and the satisfaction of all of the applicable listing requirements of the TSXV. There can be no assurance that a listing will be completed, and Spinco may elect not to proceed with a listing at any time in its sole discretion.
The Spinco Financing
In connection with the Spin-Out, Spinco intends to complete a private placement of up to 20 million subscription receipts of Spinco (the "Subscription Receipts") at a price of $0.25 per Subscription Receipt for gross proceeds of up to $5 million (the "SpinCo Financing"). On closing of the Spin-Out, the Subscription Receipts will automatically convert into Spinco Shares. Pending the closing of the Spin-Out, the proceeds from the sale of the Subscription Receipts will be held in escrow by a trust company and released to Spinco on closing of the Spin-Out. Completion of the Spinco Financing is a condition of the completion of the Spin-Out and Spinco intends to use the net proceeds of the Spinco Financing for exploration and advancement of the Critical Mineral Assets, as well as general corporate and working capital purposes.
The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the "United States" (as such term is defined in Regulation S under the U.S. Securities Act), and may not be offered or sold in the United States unless registered under the U.S. Securities Act and the securities laws of any applicable state of the United States or an exemption from such registration requirements is available. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Additional details relating to the Spin-Out, Spinco, Spinco Financing and other Meeting matters will be included in the management information circular in respect of the Meeting to be filed and delivered to Shareholders in connection with the Meeting. Copies of the management information circular and related meeting materials will also be filed with the applicable Canadian securities regulators and available on the Company's profile on SEDAR+ (www.sedarplus.ca).
Figure 1
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Critical Minerals Portfolio Overview (Figure 1)
Regional Setting -- The Dawson Range and Critical Mineral Belt
The Dawson Range is an east-southeast-trending mountain belt that hosts numerous significant mineral deposits and prospects along the Minto-Carmacks copper belt, including the Casino copper-gold porphyry deposit in the west owned by Western Copper and Gold. In the southeast near the community of Carmacks, the Minto mine owned by Selkirk Copper Mines Inc..(1)(2) contains indicated resources of 12,588,000 Mt grading 1.203 per cent Cu, 0.461 g/t Au, 1,728 ounces Ag for 333.8 Mlb copper, 186,600 oz gold, and 1,728,000 ounces silver and inferred resources of 23,658,000 t grading 1.048 per cent Cu, 0.387 g/t Au, 3.9 g/t Ag for 546.8 Mlb copper, 294,700 ounces gold and 2,968.1 ounces silver(3)(2). It also hosts the Carmacks Copper project, which contains measured and indicated resources of 36.25 Mt grading 0.81 per cent Cu, 3.25 g/t Ag, 0.26 g/t Au for 651 Mlb of copper, 3.79 M ounces silver and 302,000 ounces of gold, owned by Cascadia Minerals Ltd(4)(2). Both deposits are interpreted as metamorphosed copper-gold-silver porphyry systems. Porphyry deposits in the Dawson Range occur in two principal age groups: Late Triassic (for example, Minto, Carmacks) and Late Cretaceous (for example, Casino, Cash, Revenue). In addition to porphyry-style mineralization, the Dawson Range also hosts epithermal, skarn and polymetallic to gold-dominant veins, breccias and fracture zones. Owing to this diverse and prospective mineral endowment, the region has attracted increasing attention and investment in recent years from both junior and major mining companies.
The Critical Mineral Assets to be transferred to SpinCo in connection with the Spin-Out include six properties that collectively represent a pipeline of advanced to early stage critical mineral exploration opportunities across multiple metallogenic belts in Yukon. Highlights include:
Figure 2
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Bridget Property - Bridget Target (Mo-Cu-W-Bi-Ag)
A large untested porphyry system in the White Gold District
The Bridget target is a district-scale molybdenum-copper porphyry anomaly spanning 3 km by 3.5 km that has never been diamond drill tested. The soil geochemical footprint of the anomaly is characterized by Mo-in-soil values as high as 321.9 ppm Mo, including 278.9 ppm Mo, 265.4 ppm Mo, 263.5 ppm Mo, 257.2 ppm Mo, and 253.3 ppm Mo with over 400 additional samples returning values greater than 20 ppm Mo. Across the target, anomalous Cu-in-soil values exceeding 100 ppm Cu are common with the most significant enrichment occurring at the core with values as high as 710.1 ppm Cu, including 662.6 ppm Cu, 594.7 ppm Cu, 492.9 ppm Cu, 406 ppm Cu observed over a roughly 900 m x 900 m area. Other notably enriched critical minerals include tungsten (W), with the highest concentrations observed in the northern half of the target area, where soil sampling has yielded values up to 101 ppm W; a critical mineral of growing strategic importance. Secondary metals including bismuth, silver, lead, and zinc are concentrated along two major crustal-scale dextral transpressional faults that transect the margins of the system representing a peripheral epithermal expression of the porphyry system.
Follow-up prospecting has confirmed bedrock mineralization, with molybdenite directly identified in quartz veins across the target. Rock samples define a coherent porphyry-style metal zonation: a Cu-Mo-Bi core characterized by Mo-dominant quartz veins returning up to 3,650 ppm Mo, including 3,060 ppm Mo, 2430 ppm Mo in mineralized gneisses and schists, pyrite-bearing white quartz veins returning 532 ppm Mo and 234 ppm Cu, and trench samples up to 1,854 ppm Cu. Bismuth reaches 2,000 ppm in altered gneiss with 1,571 ppm Mo, and 836 ppm Bi in a quartz vein cutting hornblende gneiss. The peripheral zones carry the distal metal signature typical of large porphyry systems: a quartz-galena vein in orthogneiss returned 30.4 ppm Ag and 3,861 ppm Pb, while sampling along the margins of a rhyolite dyke returned 560 ppm W alongside elevated silver and lead.
Two rounds of induced polarization geophysics surveys, completed in 2023 and 2025, have moved Bridget from a geochemical anomaly into a drill-ready target. The 2023 survey identified five chargeability anomalies beneath the Cu-Mo-Bi core, with the most compelling centered at depths of at least 250 m, more than 180 m deeper than the maximum depth reached by the Company's 2018 shallow RAB program. Those holes, limited to 70 m vertical depth with several failing to reach target depth, still intersected molybdenum mineralization: hole PEDBRGRAB18-009 returned 622.3 ppm Mo over 1.5 m from 12.2 m and 631.9 ppm Mo over 1.5 m from 30.5 m. A 2025 ten-line gradient IP survey supplemented by a single Dipole-Dipole survey across the center of the anomaly has confirmed the results of the 2023 survey while adding additional targeting opportunities in the northwestern and southeastern margins of the anomaly.
The Bridget target sits within the Dawson Range mineral belt, transected by the Sixtymile River Fault and Big Creek Fault, the same fault corridors associated with major porphyry and epithermal systems in the region. An initial technical report on this property will be filed in connection with the Spin-Out.
Loonie property -- Guilder target
A 3.5 km anomaly interpreted as the extension of a copper-gold prospect now supported with IP geophysics
The Guilder target occupies the north-central portion of the Loonie property, approximately 50 km south of Dawson City, and is interpreted as the northwestern strike extension of a copper-gold prospect. The connection is supported by a continuous 3.5 km long, arcuate Cu-Mo-Au-Zn-Pb soil anomaly that trends northwest-southeast across both properties and displays a classic metal zonation: gold-dominant at the northwestern end, transitioning to copper-dominant, with lead and zinc forming a peripheral halo around the copper core.
Prospecting has uncovered malachite and chalcocite mineralization hosted by quartz-feldspar-biotite schist near an augen gneiss contact. Rock samples from this showing returned 1,115 ppm Cu and 6.1 g/t Ag, confirming that meaningful copper and silver grades exist at surface.
In 2025, White Gold completed a 13-line gradient IP survey with a single dipole-dipole line across the Guilder target. Preliminary results have confirmed the presence of a central chargeability anomaly and a second anomalous zone to the south, suggesting subsurface conductors are present beneath the surface copper geochemistry. Interpretation is ongoing and will be used to define priority drill targets. The Guilder target is an early-stage, drill-ready target.
Wolf property -- Aries and Taurus targets
The Aries target on the Wolf property is an interpreted porphyry system that is characterized by a central zone of copper and molybdenum anomalies, surrounded by a large peripheral zone enriched in bismuth, arsenic, lead and zinc. This forms a footprint measuring approximately four km in length (northeast-southwest) and three km in width (northwest-southeast). To the northeast, the Aries target transitions from a gold-dominant system into a potential porphyry system. This area's molybdenum-in-soil values reach as high as 51.4 ppm, with the bulk of the anomaly showing values above 5 ppm. Copper-in-soil values peak at 923.9 ppm, with notable results such as 637.8 ppm, 630.8 ppm and 600.6 ppm Cu, located near areas enriched in arsenic and bismuth. Previous drilling on the property has been gold-focused and the property remains largely untested and prospective for several critical minerals including Mo and Cu.
The Wolf property is located east of the White River, approximately 120 km south-southwest of Dawson City and 35 km west of the White Gold project. Two main target areas have been identified on the property, the Aries and Taurus targets. The area is predominantly underlain by hornblende-biotite diorite intruded by medium-grained and megacrystic K-feldspar granites. These intrusions are associated with widespread biotite and potassic alteration, which are key indicators of potential porphyry mineralization.
To the north and northeast, the property is underlain by Late Cretaceous Carmacks volcanic units, including andesite and basalt flows, and siliciclastic basal conglomerates. Cu-Mo enrichment appears to be localized along the contact between these volcanic units and the adjacent granites while gold mineralization is concentrated in the southwestern part of the property (Taurus target) in shreddy biotite and k-spar altered hornblende-biotite diorites. The Taurus target features a gold-in-soil anomaly that spans approximately two km long by 0.5 km wide, with gold values reaching 358 ppb Au. The anomaly has an arcuate shape, trending east-west in the southwest and curving northeast-southwest to the east. GT Probe bedrock sampling returned gold values up to 1.22 g/t Au, with several samples exceeding 0.5 g/t Au. In 2023 RAB drilling of the target returned gold values of up to 0.81 g/t Au over 15.24 m from 19.81m (hole WLFTRS23RAB002) including 6.55 g/t Au over 1.52 m, along with 0.32 g/t Au over 30.47 m) from 13.72 m in hole WLFTRS23RAB002.
Hunker Property - Boxcar, Bum & Mint Pup Targets (Cu-Ag-Au-Pb-Zn)
Three distinct copper occurrences in the heart of the Klondike.
Situated in the historically productive Klondike Gold Fields roughly 25 km southeast of Dawson City, the northern portion of the Hunker property hosts three separate copper occurrences - the Boxcar, Bum, and Mint Pup targets - that together define a district-scale copper-silver system that has seen abundant surface sampling but almost no systematic follow-up exploration.
The Boxcar target is interpreted as a Besshi-type volcanogenic massive sulphide (VMS) system hosted within a northwest-trending fault zone. Trenching has encountered significant multi-metal mineralization, including up to: 33.19 g/t Ag, 2.32% Cu, 1.78% Pb, and 0.30% Zn over 0.5 m, and 221.99 g/t Ag, 3.76% Cu, 14.4% Pb, and 0.24% Zn over 1.0 m. A 2021 prospecting sample from the fault zone returned copper exceeding 10,000 ppm alongside 8,937 ppb Pb, 5,279 ppm Zn, and anomalous cobalt and silver, associated with malachite, azurite, copper wad, goethite, hematite, and suspected cassiterite - a mineralogical assemblage pointing to a well-preserved, near-surface system that warrants structural and geophysical follow-up.
The Mint Pup target is the largest of the three primary anomalies; a broad Cu-Au soil anomaly measuring approximately 2.4 km by 3.0 km straddling the ridges between Gold Bottom Creek and Hunker Creek, with gold-in-soil values up to 1,096 ppb Au and copper-in-soil up to 475.9 ppm Cu. GT-Probe bedrock sampling returned values to 1.195 ppm Au, with a 90 m section of 19 consecutive samples all grading above 0.02 ppm Au.
The Hunker property sits within one of the more productive placer gold drainages in the Klondike, where Hunker Creek and its tributaries - including Gold Bottom Creek - have produced more than 1.8 million crude ounces of gold since 1897 (van Loon, 2019). The diversity of copper, silver, lead, zinc, and gold mineralization styles across the Boxcar, Bum, and Mint Pup targets points to a geochemically complex, multi-element system that has never been systematically explored at depth.
Hayes Property - Isaac Target (Cu-Mo-Ag-Zn-Pb-Bi-W-Li)
Porphyry geochemical zonation across a 3.3 km footprint. Eight drill targets identified.
The Isaac target sits 38 km east of the Casino copper-gold deposit and is associated with Late Cretaceous Prospector Mountain suite intrusives. Soil sampling across >1500 samples defines a geochemically zoned multi-element anomaly spanning approximately 3.3 km east-west by 2.5 km north-south, with a Bi-As-Cu-Mo-enriched core of roughly 1,200 m by 650 m surrounded by a broad halo of anomalous silver, lead, and zinc.
Anomalous copper-in-soils occurs in the southern portion of the core, and a relatively small area of anomalous molybdenum occurs near the core's northern margin. Within the peripheral halo, silver-in-soil values range from 1 ppm Ag to as high as 16.9 ppm Ag, including 12.3 ppm Ag, 12.2 ppm Ag, 11 ppm Ag, 10.2 ppm Ag, 9.8 ppm Ag, while values > 3 ppm Ag are very common. Also, within this halo, lead-in-soil values occur as high as 3310.4 ppb Pb including 957.5 ppm Pb, 832.8 ppb Pb, 748 ppm Pb, 689.1 ppb Pb, with associated zinc-in-soil values as high as 1747 ppb Zn including 1360 ppm Zn, 1137 ppm Zn, 941 ppm Zn, 763 ppm Zn, 729 ppm Zn, and 713 ppm Zn.
Prospecting across the target in 2022 returned chalcopyrite and galena in direct association across multiple rock types, confirming primary sulphide mineralization at surface. The strongest 2022 sample, from chlorite-altered brecciated biotite-feldspar-quartz gneiss with disseminated cpy-gn in a zone of epidote veining, returned 106 ppm Mo, 731 ppm Cu, 27.3 ppm Ag, 1,048 ppm Pb, and 3,100 ppm Zn. Other notable 2022 results include a py-gn-cpy mineralized silicified rhyolite returning 20.6 ppm Ag and 2,625 ppm Pb, and a silicified felsic dyke with fresh chalcopyrite returning 814 ppm Cu and 16.7 ppm Ag. Lithium is elevated broadly across the target with multiple rock samples returning values exceeding 800 ppm Li, including two samples returning over limits of greater than 2,000 ppm Li hosted in diorite, gneiss, and rhyolite. Follow-up gridded rock sampling across 88 samples in 2024 validated the 2022 results and returned values up to 67 ppm Mo from a diorite intrusion, 459 ppm Cu, 1,954 ppm Zn, 3,778 ppb Ag, 345 ppm Bi, and 117 ppm W. Stockwork veining is described across multiple stations and fluorite has been identified in silicified rhyolite. Hyperspectral analysis of 2022 rock samples identified phyllic and potassic alteration in the core with propylitic overprinting on the southern margins.
In 2023, two deep-penetrating IP-resistivity lines delineated eight discrete chargeability anomalies beneath the target. The Isaac target has never been drilled.
Toonie Property - Deux Target (Au-Cu-Zn-Mo-Ag)
RAB drilling has confirmed broad multi-element mineralization in all four holes. Prospective porphyry signatures identified.
The Toonie property lies approximately 45 km south-southeast of Dawson City and is predominantly underlain by Late Cretaceous Carmacks volcanic rocks; a package that has increasingly been recognized as a host for copper and polymetallic mineralization across the region. Exploration on the Deux target has progressed through two systematic phases.
In 2018, initial GT Probe sampling outlined a broad but coherent, low-level multi-element surface anomaly (0.258 g/t Au, 4.6 g/t Ag, 412 ppm Cu, 1,663 ppm Zn, 843 ppm Pb, and 71 ppm Mo), spatially associated with resistivity boundaries and interpreted structural controls in the volcanic package. A follow-up 2023 RAB drilling program confirmed widespread, shallow multi-element mineralization in all four holes. Hole TOODEU23RAB001 returned 24.4 m of 0.235 g/t Au and 525.4 ppm Cu from surface, including 6.1 m grading 0.327 g/t Au and 598.3 ppm Cu, plus a separate 4.57 m interval with 3,525 ppm Zn. Hole TOODEU23RAB003 intersected 76.2 m averaging 386 ppm Cu, with individual samples up to 676.4 ppm Cu and 2,368 ppm Zn, demonstrating the scale of the copper-zinc system.
Quartz veining, sericite and chlorite alteration, and oxidized fractures are most common in intervals carrying the strongest copper and zinc values. Geochemical work on the Carmacks volcanic units indicates porphyry-style prospectivity and a zoned metal pattern, with an Au-Mo-Cu core and more distal Zn-Pb-Ag, consistent with a buried intrusion-related system. Although gold remains the primary focus, the broad Cu-Zn intervals provide a strong critical-minerals rationale for including Toonie in the Spin-Out as an early-stage, drill-ready Au-Cu-Zn target.
Qualified Person
Steven Walsh, P.Geo. and Senior Geologist for the Company is a "qualified person" as defined under National Instrument 43-101 - Standards of Disclosure of Mineral Projects and has reviewed and approved the content of this news release.
About White Gold Corp.
The Company owns a portfolio of 15,364 quartz claims across 21 properties covering 305,102 hectares (3,051 km2) representing approximately 40% of the Yukon's emerging White Gold District. The Company's flagship White Gold project hosts four near-surface gold deposits which collectively contain resource estimate of 1,732,300 ounces of gold in indicated resources (35.2 million tonnes grading 1.53 grams per tonne gold) and 1,265,900 ounces of gold in inferred resources (32.2 million tonnes grading 1.22 g/t Au) (see the Company's news release dated October 6, 2025)(5)(6). Regional exploration work has also produced several other new discoveries and prospective targets on the Company's claim packages which border sizable gold discoveries including the Coffee project owned by Talamore Mining (formerly Fuerte Metals) with Measured and Indicated Resources of 80.0.2 Mt grading 1.15 g/t Au for 2.96 million ounces of gold, and Inferred Resources of 21.2 Mt grading 1.17 g/t Au for 0.80 million ounces gold(7)(2), and Western Copper and Gold Corporation's Casino project which has Measured and Indicated Resources of 2,490.7 Mt grading 0.18 g/t Au, 0.14% Cu for 14.8 million ounces of gold and 7.6 billion pounds of copper, and Inferred Resources of 1,412.5 Mt grading 0.14 g/t Au, 0.10% Cu for 6.3 million ounces of gold and 3.1 billion pounds of copper(1)(2). For more information visit www.whitegoldcorp.ca.
(1) See Western Copper and Gold Corporation technical report titled "Casino project, Form 43-101F1 Technical Report Feasibility Study, Yukon Canada", Effective Date June 13, 2022, Issue Date August 8, 2022, NI 43-101 Compliant Technical Report prepared by Daniel Roth, PE, P.Eng., Mike Hester, F Aus IMM, John M. Marek, P.E., Laurie M. Tahija, MMSA-QP, Carl Schulze, P.Geo., Daniel Friedman, P.Eng., Scott Weston, P.Geo., available on SEDAR+.
(2) The QP has been unable to verify the information. The information is not necessarily indicative to the mineralization on the properties that are subject of the disclosure.
(3) See December 1, 2025 News Release "Selkirk Copper Announces Initial Drill Results - Successfully Expands Minto North West Zone with a High-Grade Intercept of 5.21% Cu, 0.47 g/t Au, 26.68 g/t Ag over 8.7m within a broader zone of 2.39% Cu, 0.32 g/t Au and 11.61 g/t Ag over 23.4 m in drill hole 25SCM001.
(4) See Cascadia Minerals New Release dated June 9, 2025 "Cascadia Minerals and Granite Creek Copper Announce Merger to Create a Leading Yukon Copper-Gold Exploration and Development Company".
(5) See October 6, 2025 News Release "White Gold Corp. Files Technical Report Demonstrating Significant 44% Increase in Indicated Resources to 1,732,300 oz Gold (35.2 million tonnes grading 1.53 g/t) and 13.4% Increase in Inferred Resources to 1,265,900 oz Gold (32.2 million tonnes grading 1.22 g/t) at its Flagship White Gold Project, Yukon, Canada" https://www.whitegoldcorp.ca/news/white-gold-corp-files-technical-report-demonstrating-significant-44-increase-in-indicated-resources-to-1732300-oz-gold-352-million-tonnes-grading-153-gt-and-134-increase-in-inferred-resources-to-1265900-oz-gold-322-million-ton.
(6) All numbers are rounded. Overall numbers may not be exact due to rounding.
(7) See Fuerte Metals press release titled "Fuerte Announces Transformational Acquisition of the Coffee Project from Newmont Corporation" dated September 15, 2025.
Cautionary Note Regarding Forward Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the Spin-Out, including the basis of the Spin-Out, the terms of the Spinco Financing, the receipt of the required shareholder, regulatory, court and stock exchange approvals in connection with the Spin-Out, listing of the Spinco Shares, the anticipated benefits of the Spin-Out, the assets to be transferred to Spinco in connection with the Spin-Out; the exploration and development potential of the assets to be transferred to Spinco; the Company's retained interest in Spinco; the date of the Meeting and the record date for the Meeting; and anticipated strategic and growth opportunities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Such forward-looking information and statements are based on numerous assumptions, completion of the Spin-Out, including completion of the Spinco Financing and the ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory, court and shareholder approvals; the ability of the parties to satisfy, in a timely manner, the other conditions to the completion of the Spin-Out; that the anticipated benefits of the Spin-Out will be realized; that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, and that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: the failure to obtain shareholder, regulatory, court or stock exchange approvals in connection with the Spin-Out; failure to complete the Spinco Financing; failure to realize the anticipated benefits of the Spin-Out or implement the business plan for Spinco; the diversion of management time on transaction-related issues; expectations regarding negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, reliance on key management and other personnel, potential downturns in economic conditions, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, and risks generally associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approval.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
The AI buildout’s real bottleneck is the steel, copper, and chilled water surrounding the GPUs. The stock at the center of that story just pulled back, and Investor’s Business Daily flagged the chart as a textbook setup. Comfort Systems USA (NYSE:FIX | FIX Price Prediction) Comfort Systems carries a composite rating of 97, an EPS rating of 99, and an RS rating of 95, yet sits roughly 10% off its highs after staging an upside reversal on the weekly chart. Five names below sit directly in the line of fire of the AI cooling capex wave. If the cooling capex wave plays out, these are the names positioned to capture it.
1. Comfort Systems USA: The HVAC Contractor Hiding an AI Backlog Most investors hear “mechanical contractor” and tune out. They shouldn’t. Comfort Systems USA is the team that physically builds the cooling guts of hyperscale data centers, and data center and technology infrastructure now accounts for roughly 45% of company revenue. The host on Stock Market Today With IBD put it bluntly: “I am looking at getting into this one myself. So maybe tomorrow, we’ll see.” Both IBD’s Swing Trader and Leaderboard already hold the name.
The Q1 FY2026 earnings report is the engine behind the setup. EPS landed at $10.51 versus $6.81 consensus, a 54% beat, marking four consecutive quarters of consensus beats. Organic revenue growth hit 51% year-over-year, and backlog swelled to $12.45 billion, nearly double the $6.89 billion from a year earlier. The chart pause is what IBD loves: “This was a nice little flat area letting that moving average line really kind of catch up to it.”
The kicker: this is the contractor. The equipment going into those buildings is sourced from a separate set of suppliers, and the order books at those vendors tell an even louder story.
2. Eaton: The Power Half of the Equation Caught a Cooling Tailwind Eaton (NYSE:ETN) has long been the electrical backbone story. The new wrinkle: in Q1 FY2026 the company closed $11 billion in acquisitions, including $9.55 billion for Boyd Thermal, a direct bet that thermal management is the next leg of data center spend. Reddit caught the angle before the sell side did. A wallstreetbets thread titled “Eaton (ETN) – The unseen datacenter power infrastructure play the market is too regarded to appreciate” drove the ticker’s sentiment score to 82, very bullish.
The fundamentals back it. Electrical Americas orders rose 42% organically on a 12-month rolling basis, driven by data center demand. Total Electrical backlog expanded 48%, and management raised FY2026 adjusted EPS guidance to $13.05 to $13.50. Shares are up 23% year to date but down about 4% over the past month, putting the multiple back inside reach.
Eaton is the diversified giant. The next name is the pure-play that institutions added to the S&P 500 this spring, and it just gave investors a window to buy it on sale.
3. Vertiv Holdings: The S&P 500 Add With a $15 Billion Order Book If there is an obvious heavyweight in AI cooling, it’s Vertiv Holdings (NYSE:VRT). The company designs the precision power and liquid cooling systems that hyperscalers order by the rack. It joined the S&P 500 in March 2026, and the order book has gone vertical: Q4 FY2025 organic orders surged 252% year-over-year, the strongest order quarter in company history, lifting backlog to $15.0 billion with a book-to-bill around 2.9x.
Q1 FY2026 carried the momentum forward. Adjusted EPS hit $1.17 versus $1.01 consensus, Americas organic revenue jumped 53%, and free cash flow surged to $652.8 million, up 147%. Management responded by raising FY2026 guidance to $13.5 billion to $14.0 billion in net sales with adjusted EPS of $6.30 to $6.40. CEO Giordano Albertazzi told investors: “data center infrastructure requirements evolve significantly… customers prioritizing optimized design, deployment speed, and operational efficiency… positioned to be the partner customers need.”
Here’s the entry: shares are down 18% over the past month despite being up 87% year to date. Reddit chatter spiked accordingly, with the highest activity score in the dataset on June 5 alongside a bullish 68 sentiment reading.
4. nVent Electric: The Quiet Backlog Story nVent Electric (NYSE:NVT) does not get the billboards, but it sells the racks, enclosures, and connection systems that physically host AI servers. CEO Beth Wozniak framed Q1 directly: “tremendous start to the year with record sales and orders, and our backlog increased to $2.6 billion… growth across all verticals, with infrastructure leading, driven by broad-based data center growth in both the gray and white space.”
The numbers explain why management felt confident enough to lift the bar twice. Q1 revenue rose 54% year-over-year to $1.24 billion, a 12% beat. Systems Protection sales jumped 76% reported and 50% organic. Full-year guidance was raised to reported sales growth of 26-28% and adjusted EPS of $4.45 to $4.55, up from a prior range of $4.00 to $4.15.
nVent does the picks and shovels. The next name signs the picks-and-shovels supply contracts directly with the hyperscalers themselves, and the dollar figure on its newest deal will make you sit up.
5. Modine Manufacturing: The $4 Billion Hyperscale Punchline I have been studying the data center thermal stack for the better part of two years, and Modine Manufacturing (NYSE:MOD) is the cleanest expression of the trade I have found. CEO Neil Brinker spelled it out: “landmark $4 billion long-term agreement for chiller sales with a major hyperscale customer, cementing Modine’s position as a critical partner for data center cooling.” That contract runs 2027 through 2029. On top of it, the company is spinning off Performance Technologies via a Reverse Morris Trust with Gentherm, leaving Modine a pure-play climate and data center thermal business by year-end 2026.
The Q4 FY2026 results already show the inflection. Data Center sales rose 158% year-over-year and crossed $400 million in quarterly revenue. Management raised the multi-year data center growth outlook to 50-70% annually, ahead of the prior $2 billion FY28 revenue target. FY2027 guidance now calls for net sales growth of 20-35% and adjusted EBITDA of $650 million to $680 million.
The setup is constructive on the chart. Shares are up 105% year to date but down 2% over the past month, holding above the 50-day moving average. Eight analysts cover the name with seven Buy ratings and one Strong Buy, and a $340.86 average price target against a current price near $274.
The Setup AI workloads are forcing a generational rebuild of data center cooling and power, and these five companies are the contractors, equipment makers, and pure-plays writing the checks back to themselves in the form of backlog. Comfort Systems gave you the IBD-grade chart pause. Modine handed you a $4 billion hyperscale contract on a platter. Both setups exist right now. Whether they persist at these prices is the question worth tracking.
HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) President and Chief Executive Officer Rod Larson will participate in a fireside chat at the J.P. Morgan Natural Resources Conference in New York on Tuesday, June 23, 2026. Mr. Larson and Senior Director, Investor Relations Hilary Frisbie will also host meetings with institutional investors.
Oceaneering’s most recent presentation is available on the Investor Relations page of Oceaneering's website at www.oceaneering.com.
Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries.
For more information, please visit www.oceaneering.com.
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Select Medical Holdings Corporation’s (NYSE: SEM) board of directors and senior management for potential breaches of their fiduciary duties to shareholders in connection with the pending sale of the company for $16.50 per share as announced on March 2, 2026.
If you are a current shareholder of Select Medical, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/select-medical-merger-lawsuit
Why is Select Medical being Investigated?
On March 2, 2026, Select Medical announced that it had agreed to be acquired by a consortium led by: Robert A. Ortenzio, Select Medical’s co-founder; Martin F. Jackson, Select Medical’s Senior Executive Vice President of Strategic Finance and Operations; and Welsh, Carson, Anderson & Stowe (“WCAS”), a private equity company which has longstanding historical ties to Russel L. Carson, a director on Select Medical’s board of directors.
The merger will eliminate all holdings of Select Medical stock in exchange for $16.50 per share in cash, except that Ortenzio, Jackson and certain entities affiliated with them are being allowed to “rollover” their holdings into the post-merger company. The opportunity to “rollover” is not being extended to public stockholders.
The merger was approved by a special committee of Select Medical’s board of directors and is conditioned on approval by Select Medical’s stockholders.
The stockholder vote is scheduled for June 26, 2026. The merger could close shortly after that vote occurs, which could limit stockholders’ ability to investigate the fairness of the merger.
BFA is investigating whether Select Medical’s board of directors, together with members of the company’s senior management, have breached their fiduciary duties to Select Medical stockholders in connection with the negotiation and execution of the merger, including the public disclosures the company has made seeking stockholder approval.
Click here for more information: https://www.bfalaw.com/cases/select-medical-merger-lawsuit
What Can You Do?
If you are a current holder of Select Medical Holdings Corporation stock, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
BMI Investors Have Opportunity to Lead Badger Meter, Inc. Securities Fraud Lawsuit with the Schall Law Firm PR Newswire
LOS ANGELES, June 15, 2026
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Badger Meter, Inc. ("Badger" or "the Company") (NYSE: BMI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 18, 2024 and April 16, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 3, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Badger Meter claimed its financial performance was based on "secular growth drivers," and "solid operating execution." The Company touted "strong" demand and a "long runway" for growth. In truth, the Company's performance was partially based on pulling forward customer orders to recognize revenue early. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Badger Meter, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in OWL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Planet Fitness, Inc. (NYSE:PLNT) for potential securities fraud after its significant stock drop.
If you invested in Planet Fitness, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit.
Key Details of the Planet Fitness ($PLNT) Class Action Investigation:
Investigation Overview: Securities fraud regarding Planet Fitness’s failed marketing campaign that alienated the company’s core market and led to disappointing membership growth during the key Q1 sign-up period.Stock Decline: May 7, 2026 – 31% Stock DropAction: Contact BFA Law to discuss your rights Why is Planet Fitness Being Investigated for Securities Fraud?
Planet Fitness is a large franchisor and operator of fitness centers across the United States. The company aims to offer a fitness experience in a non-intimidating environment, which it calls the Judgement Free Zone.
BFA is investigating whether Planet Fitness made false and misleading statements to investors regarding the purported success of its marketing campaign to focus on “fitness-minded” members.
Why did Planet Fitness’s Stock Drop?
On May 7, 2026, Planet Fitness released its Q1 2026 financial results. The company announced disappointing membership growth and cut 2026 revenue growth guidance from approximately 9% to about 7% and adjusted EBITDA growth guidance from roughly 10% to approximately 6%. During the same-day earnings call, the company stated that its marketing “may have pivoted too far” as the company “shift[ed] from [its] lighthearted approachable tone” to one that “increased penetration with the fitness-minded.”
This news caused the price of Planet Fitness stock to decline $19.95 per share, or 31%, from a closing price of $63.96 per share on May 6, 2026, to $44.01 per share on May 7, 2026.
Click here for more information: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit.
What Can You Do?
If you invested in Planet Fitness, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) is providing an update on the non-binding term sheet (the “Term Sheet”) entered into with Gillon Capital, LLC (“Gillon Capital”) regarding a proposed private placement (the “Private Placement”), as previously disclosed in the Corporation’s news release dated May 20, 2026.
In connection with the Term Sheet, the Corporation has entered into an exclusivity agreement with Gillon Capital providing for a 120-day period of exclusive negotiations with respect to the Private Placement. The period of exclusivity was entered into to allow the parties to complete their respective due diligence reviews and negotiate a definitive agreement with respect to the Private Placement.
Since the announcement of the Term Sheet, the parties have each engaged financial, legal and other advisors and are working collaboratively to navigate the legal, regulatory and commercial complexities identified through the due diligence process to date, including matters arising from the Corporation’s operations in Cuba and the U.S. regulatory and sanctions environment. The parties continue to engage constructively with relevant governmental and regulatory authorities, as well as other stakeholders, in furtherance of these matters.
The Private Placement remains subject to the execution of definitive documentation, satisfaction of customary conditions, the approval of the U.S. Department of the Treasury’s Office of Foreign Assets Control, and the receipt of all required regulatory approvals, including the approval of the Toronto Stock Exchange. There can be no assurance that these complexities will be resolved on terms satisfactory to both parties or at all, or that the Private Placement will be completed, or completed on the terms previously described, or completed in a timely manner.
Board of Directors Update
The board of directors of the Corporation (the “Board”) is actively engaged in a process to recruit additional qualified candidates for appointment as independent directors. The Corporation is pleased to announce the appointment of Tabrez Khan as an independent director effective June 12, 2026, bringing deep M&A, financial and strategic advisory experience to the Board. Tabrez Khan was nominated to the Board by Kyma Capital Opportunities Master Fund Limited (“Kyma”), pursuant to Kyma’s nomination right under the investor rights agreement dated as of April 22, 2025 between the Corporation and Kyma.
Tabrez Khan is an accomplished resource sector leader with more than 20 years of experience in global transactions and strategic advisory bringing significant experience advising public and private companies, financial institutions and government stakeholders on large-scale transactions, restructurings and strategic initiatives. He is a Partner and co-founder of GENesis Capital Advisory, where he advises clients, including critical minerals and energy companies on strategy, M&A and financing, with a strong track record of originating and executing complex cross border transactions. He previously spent over two decades with Ernst & Young, where he held senior leadership roles in leading origination of transactions and advising on strategic initiatives for resource sector clients. He is a Chartered Accountant and holds a Global Executive MBA from INSEAD.
Concurrent with Tabrez Khan’s appointment to the Board, he was appointed to the audit committee of the Board (the “Audit Committee”). Following Tabrez Khan’s appointment, the Audit Committee consists of Dr. Peter Hancock, Chih-Ting Lo, and Tabrez Khan. As Dr. Peter Hancock is the interim Chief Executive Officer of Sherritt, he is not considered independent under National Instrument 52-110 – Audit Committees (“NI 52-110”). Sherritt is relying on the temporary exemption provided in Section 3.5 of NI 52-110 for Dr. Peter Hancock’s membership on the Audit Committee. Following Tabrez Khan’s appointment, the Audit Committee is compliant with the requirements of NI 52-110 and the rules of the Toronto Stock Exchange.
As previously announced, the Corporation is currently subject to a failure-to-file cease trade order, effective May 21, 2026, as a result of the Corporation’s failure to file its first quarter 2026 interim financial statements, management’s discussion and analysis and related officer certifications (the “Quarterly Documents”). The Corporation anticipates filing the Quarterly Documents in the coming weeks. The resumption of trading in Sherritt’s shares is subject to regulatory and stock exchange approval. Sherritt will continue to provide timely public disclosure as circumstances develop.
About Sherritt
Sherritt is a world leader in using hydrometallurgical processes to mine and refine nickel and cobalt – metals deemed critical for the energy transition. Leveraging its technical expertise and decades of experience in critical minerals processing, Sherritt is committed to expanding domestic refining capacity and reducing reliance on foreign sources. The Corporation operates a strategically important refinery in Alberta, Canada, recognized as the only significant cobalt refinery and one of just three nickel refineries in North America.
Sherritt’s common shares are listed on the Toronto Stock Exchange under the symbol “S”.
Forward-Looking Statements
Certain statements and other information included in this press release may constitute “forward -looking information” or “forward-looking statements” (collectively, “forward-looking statements”) under applicable securities laws (such statements are often accompanied by words such as “anticipate”, “forecast”, “expect”, “believe”, “may”, “will”, “should”, “estimate”, “intend” or other similar words).
All statements in this press release, other than those relating to historical information, are forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding the Private Placement, including the completion and timing thereof, the terms on which it may be completed and the receipt of all required approvals; the ability of the parties to complete their respective due diligence reviews and negotiate a definitive agreement during the period of exclusivity; the ability of the parties to resolve the legal, regulatory and commercial complexities identified through due diligence; the ongoing engagement with relevant governmental and regulatory authorities and other stakeholders in furtherance of the regulatory approvals and other matters required to complete the Private Placement; the board of directors’ process to identify and recruit additional qualified candidates for appointment as independent directors; and the anticipated timing of filing the Quarterly Documents.
The Corporation cautions readers of this press release not to place undue reliance on any forward-looking statement as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, expectations, estimates or intentions expressed in the forward-looking statements. Such factors include, without limitation, continued risks related to Sherritt’s operations in Cuba and future actions taken by the U.S. government toward Cuba, including with respect to the Executive Order; level of liquidity of Sherritt, including access to capital and financing; the risk to or loss of Sherritt’s entitlements to future distributions (including pursuant to the Cobalt Swap) from the Moa JV; the inability of the Corporation to comply with debt restrictions and covenants; the inability of the Corporation to comply with the listing requirements of the Toronto Stock Exchange or another recognized stock exchange; uncertainty in the ability of the Corporation to enforce legal rights in foreign jurisdictions; uncertainty regarding the interpretation and/or application of the applicable laws in foreign jurisdictions; tax risks; political, economic and other risks of foreign operations; security market fluctuations and price volatility; risks related to environmental liabilities including liability for reclamation costs, tailings facility failures and toxic gas releases; compliance with applicable environment, health and safety legislation and other associated matters; risks associated with governmental regulations regarding climate change and greenhouse gas emissions; risks relating to community relations; maintaining social license to grow and operate; risks associated with the operation of large projects generally; the ability to replace depleted mineral reserves; risks associated with the Corporation’s joint venture partners; risks associated with mining, processing and refining activities; reliance on key personnel and skilled workers; risks related to the Corporation’s corporate structure; foreign exchange and pricing risks; credit risks; future market access; interest rate changes; risks in obtaining insurance; uncertainties in labour relations; legal contingencies; risks related to the Corporation’s accounting policies; uncertainty in the ability of the Corporation to obtain government permits; failure to comply with, or changes to, applicable government regulations. The key risks and uncertainties should be considered in conjunction with the risk factors described in the Corporation’s other documents filed with the Canadian securities authorities, including without limitation the “Managing Risk” section of the Management’s Discussion and Analysis for the three months and year ended December 31, 2025 and the Annual Information Form of the Corporation dated March 23, 2026 for the period ending December 31, 2025, which is available on SEDAR+ at www.sedarplus.ca. The forward-looking information and statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any oral or written forward-looking information or statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The forward-looking information and statements contained herein are expressly qualified in their entirety by this cautionary statement.
Beginning June 16, guests can embrace the summer with six offerings, including the all-new Original Glazed® Strawberry Cake Doughnut and two new beverages
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sunshine, road trips, backyard hangouts and late-night sweet cravings just got even better. Krispy Kreme® is kicking off summer with an all-new seasonal collection packed with bright, refreshing flavors.
Available beginning Tuesday, June 16 for a limited time at participating Krispy Kreme shops across the U.S., the Summer Seasonal Collection features a mix of delicious new doughnuts and returning fan favorites that are ready to become the flavors of the season:
NEW: Original Glazed® Strawberry Cake Doughnut – an Original Glazed® old-fashioned cake doughnut with strawberry flavor. NEW: Lemon Bar Doughnut – an Original Glazed® doughnut dipped in white icing and cookie pieces, topped with a lemon swirl and sweet powdered coating. Key Lime Pie Doughnut – an unglazed shell doughnut filled with key lime pie Kreme™, dipped in lime green icing and topped with a frosting dollop and graham flavored crunch. Cannoli Inspired Doughnut – an unglazed ring doughnut dipped in chocolate icing and cookie crunch, topped with cannoli flavored buttercreme and sweet powdered coating. And because every great summer day calls for something ice cold, Krispy Kreme is serving up even more ways to chill. Alongside its classic Frozen Lemonade and Strawberry Chillers, Krispy Kreme is introducing two limited-time flavors for the summer:
Watermelon Infused Lemonade Chiller – a crisp frozen lemonade blended with a juicy splash of watermelon flavor, delivering a cool, refreshing twist. Mango Infused Lemonade Chiller – a vibrant frozen lemonade infused with sweet mango, perfectly balancing tropical flavor with a bright citrus finish. “Summer’s all about easy, feel-good moments, and this collection is our take on that – fun flavors that fit right into the season. They’re only here for a little while, so enjoy them while you can,” said Alison Holder, Krispy Kreme Chief Brand and Product Officer.
Whether you're headed to the beach, hosting a backyard barbecue, taking a road trip or simply soaking up a sunny afternoon, Krispy Kreme's Summer Seasonal Collection delivers a taste of summer in every bite and sip.
As the Summer Seasonal Collection takes center stage, Krispy Kreme's Spring Seasonal Collection is saying goodbye, for now: HERSHEY’S Double Chocolate, Strawberries and Kreme™, Banana Pudding and Original Glazed® Blueberry Cake Doughnuts will be removed from the menu.
Krispy Kreme's Summer Seasonal Collection will be available in-shop and at drive-thru, and for pickup or delivery via Krispy Kreme's app and website. Visit www.krispykreme.com/locate/location-search to find a shop near you.
Share how you're enjoying Krispy Kreme's Summer Seasonal Collection by using #KrispyKreme and tagging @krispykreme on social media.
About Krispy Kreme
Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in more than 40 countries through its unique network of fresh doughnut shops, partnerships with leading retailers, and a rapidly growing digital business. Our purpose of touching and enhancing lives through the joy that is Krispy Kreme guides how we operate every day and is reflected in the love we have for our people, our communities, and the planet. Connect with Krispy Kreme Doughnuts at KrispyKreme.com and follow us on social: X, Instagram and Facebook.
