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Frank Rimerman Advisors LLC lifted its holdings in Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN – Free Report) by 153.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,446 shares of the biopharmaceutical company’s stock after purchasing an additional 876 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Regeneron Pharmaceuticals were worth $1,096,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. BlackRock Inc. bought a new position in Regeneron Pharmaceuticals in the second quarter valued at approximately $5,682,636,000. State Street Corp boosted its holdings in shares of Regeneron Pharmaceuticals by 3.6% in the second quarter. State Street Corp now owns 4,834,688 shares of the biopharmaceutical company’s stock valued at $3,014,621,000 after buying an additional 170,210 shares during the period. Bank of America Corp DE boosted its holdings in shares of Regeneron Pharmaceuticals by 2.8% in the first quarter. Bank of America Corp DE now owns 1,189,584 shares of the biopharmaceutical company’s stock valued at $919,120,000 after buying an additional 32,158 shares during the period. Amundi increased its position in shares of Regeneron Pharmaceuticals by 27.5% during the first quarter. Amundi now owns 1,009,798 shares of the biopharmaceutical company’s stock worth $780,210,000 after acquiring an additional 217,892 shares in the last quarter. Finally, Legal & General Group Plc bought a new stake in shares of Regeneron Pharmaceuticals during the second quarter worth $473,872,000. 83.31% of the stock is owned by institutional investors.

Regeneron Pharmaceuticals Stock Performance NASDAQ:REGN opened at $790.74 on Monday. The company has a market cap of $81.41 billion, a P/E ratio of 19.54, a price-to-earnings-growth ratio of 1.37 and a beta of 0.16. Regeneron Pharmaceuticals, Inc. has a twelve month low of $566.11 and a twelve month high of $859.34. The business has a 50 day moving average price of $791.72 and a two-hundred day moving average price of $721.59. The company has a quick ratio of 2.78, a current ratio of 3.34 and a debt-to-equity ratio of 0.06.

Regeneron Pharmaceuticals (NASDAQ:REGN – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The biopharmaceutical company reported $14.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.16 by $4.13. Regeneron Pharmaceuticals had a net margin of 27.86% and a return on equity of 13.47%. The company had revenue of $4.29 billion for the quarter, compared to the consensus estimate of $3.82 billion. During the same period last year, the company earned $12.81 earnings per share. The firm’s revenue was up 16.7% compared to the same quarter last year. As a group, analysts expect that Regeneron Pharmaceuticals, Inc. will post 47.93 EPS for the current fiscal year. Regeneron Pharmaceuticals Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Tuesday, August 18th were issued a dividend of $0.94 per share. The ex-dividend date was Tuesday, August 18th. This represents a $3.76 annualized dividend and a yield of 0.5%. Regeneron Pharmaceuticals’s dividend payout ratio is presently 9.29%.

Here are the key news stories impacting Regeneron Pharmaceuticals this week:

Positive Sentiment: Strong quarterly performance supported the bullish case. Regeneron reported second-quarter revenue of $4.29 billion, up 16.7% year over year and above analyst expectations. Earnings per share of $14.29 also exceeded the $10.16 consensus estimate, reinforcing confidence in the company’s earnings momentum. Regeneron earnings and investment narrative Positive Sentiment: Positive 84-week Phase 3 OPTIMA data for Pasatru in adults with fibrodysplasia ossificans progressiva indicated a sustained reduction in new heterotopic bone lesions and disease flare-ups, with a generally consistent safety profile. The results could strengthen confidence in the treatment’s commercial opportunity. Regeneron OPTIMA trial results Positive Sentiment: UBS upgraded REGN to Buy and raised its price target to $978 from $660, citing greater long-term potential for Dupixent and arguing that the market may be undervaluing the business. UBS Regeneron upgrade Positive Sentiment: Libtayo received a positive recommendation from the European Medicines Agency’s CHMP for a dosing regimen that could reduce administration frequency from every three weeks to every six weeks after the first 12 weeks, potentially improving convenience and market appeal. Final EU approval is still required. Libtayo CHMP recommendation Negative Sentiment: Insider Andrew Murphy sold 4,147 shares worth approximately $3.2 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, limiting its significance, but it may contribute modestly to near-term caution. Regeneron insider sale filing Wall Street Analyst Weigh In A number of equities research analysts recently commented on REGN shares. Sanford C. Bernstein raised their price objective on shares of Regeneron Pharmaceuticals from $753.00 to $756.00 and gave the stock a “market perform” rating in a report on Friday, August 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Regeneron Pharmaceuticals in a research note on Monday, September 21st. The Goldman Sachs Group increased their target price on Regeneron Pharmaceuticals from $965.00 to $972.00 and gave the stock a “buy” rating in a report on Friday, July 31st. UBS Group upgraded Regeneron Pharmaceuticals from a “neutral” rating to a “buy” rating and increased their target price for the stock from $660.00 to $978.00 in a report on Thursday. Finally, Wells Fargo & Company lifted their price target on Regeneron Pharmaceuticals from $700.00 to $750.00 and gave the company an “equal weight” rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Regeneron Pharmaceuticals presently has an average rating of “Moderate Buy” and an average target price of $845.21.

Check Out Our Latest Analysis on Regeneron Pharmaceuticals

Insider Buying and Selling at Regeneron Pharmaceuticals In other Regeneron Pharmaceuticals news, Director Kathryn Guarini sold 400 shares of Regeneron Pharmaceuticals stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $850.00, for a total value of $340,000.00. Following the sale, the director directly owned 603 shares in the company, valued at approximately $512,550. The trade was a 39.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andrew J. Murphy sold 4,147 shares of the business’s stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $772.70, for a total transaction of $3,204,386.90. Following the sale, the insider directly owned 47,833 shares in the company, valued at $36,960,559.10. This trade represents a 7.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 8,093 shares of company stock worth $6,506,845. Company insiders own 6.97% of the company’s stock.

About Regeneron Pharmaceuticals (Free Report)

Regeneron Pharmaceuticals, Inc is a biotechnology company that discovers, develops and commercializes medicines for serious medical conditions. The company uses genetic and antibody-based research technologies to develop treatments in areas including eye diseases, allergic and inflammatory conditions, cancer, cardiovascular disease, infectious diseases and rare disorders.

Its marketed products include Eylea and Eylea HD for retinal diseases, Dupixent for several inflammatory and allergic conditions, Libtayo for certain cancers, Praluent for cardiovascular disease, Kevzara for rheumatoid arthritis, and other medicines such as Inmazeb, Evkeeza, Veopoz and Arcalyst.

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As the artificial intelligence (AI) revolution evolves, investors face an increasingly difficult question: Which chipmakers stand to dominate five years from now?

Nvidia (NVDA +1.50%) faces growing competition from custom silicon developed by its own customers. Meanwhile, Micron Technology (MU +3.98%) could face less favorable memory market dynamics as manufacturers expand production.

This is why I see Taiwan Semiconductor Manufacturing (TSM +1.97%), otherwise known as TSMC, as a more attractive long-term opportunity. Taiwan Semi's latest earnings report displayed how its business is becoming more valuable than ever to the AI infrastructure era.

Image source: Taiwan Semiconductor Manufacturing.

Nvidia and Micron face risks that Taiwan Semi can navigate Nvidia is the undisputed king in the AI accelerator market thanks to its graphics processing units (GPUs), networking technology, and CUDA software ecosystem. However, the company's largest customers are developing alternatives. Alphabet, Amazon, Microsoft, and Meta Platforms are investing in application-specific integrated circuits (ASICs) optimized for their own AI workloads. While these chips won't replace Nvidia's GPUs entirely, they should reduce dependence on Nvidia while giving the hyperscalers more control over infrastructure costs and model performance.

Meanwhile, Nvidia is also exploring agentic AI, autonomous vehicles, and robotics. Indeed, these opportunities could be enormous. But commercial adoption may take longer than the next four years.

Micron is looking at a different challenge. The company's memory solutions are essential for AI computing, particularly high-bandwidth memory (HBM) and advanced DRAM. Memory manufacturing has historically been a cyclical industry, meaning today's shortages and elevated prices will lead producers to expand capacity. By next decade, more supply should come online, leading to pricing pressure and eroding profit margins.

Moreover, competition from China's ChangXin Memory Technologies (CXMT) also deserves attention. Although CXMT is not yet an equivalent competitor across every advanced memory category, its progress could affect the industry's supply dynamics over time.

Here's what makes TSMC different: Whether AI hyperscalers buy Nvidia GPUs, develop custom silicon, or adopt entirely new architectures, many of those chips will require Taiwan Semi's advanced foundry capabilities. In turn, Taiwan Semi doesn't need Nvidia to defeat Alphabet's custom chip strategy. It can manufacture chips for both companies.

TSM Taiwan Semiconductor Manufacturing$420.74+$8.13 (+1.97%)

NYSE · As of 10:32 AM ET 10/19/26

Taiwan Semi's Q3 earnings were incredible Taiwan Semi's third-quarter earnings report put the company's competitive position on full display. The company generated $46.7 billion in revenue, representing 41% growth year over year. Meanwhile, TSMC delivered a gross margin of 66.4% and an operating margin of 58.7%. This underscores the pricing power commanded by the company's advanced manufacturing technology.

Management expects AI-driven momentum to continue. For Q4, revenue is projected to reach between $52.3 billion and $54.3 billion as the company's next-generation, 2-nanometer technology continues ramping.

Why Taiwan Semi stock could surge Building a semiconductor foundry requires significant upfront capital, years of engineering development, and the ability to manufacture complex chips at commercially viable yields. This creates substantial barriers to entry. As demand for AI compute grows, TSMC should benefit from higher production volumes, more sophisticated manufacturing processes, and additional opportunities in advanced packaging.

Furthermore, the company's opportunities extend beyond today's AI hardware. Consider what could happen between now and 2030. AI workloads are going to shift from training large language models (LLMs) toward inference deployments across autonomous systems, robotics, and applications that have not yet been commercialized at scale. Some of these will require more GPUs, while others will depend on custom accelerators, central processing units (CPUs), or specialized processors.

While TSMC doesn't manufacture DRAM or HBM, it does produce advanced logic chips that operate alongside these memory types. In other words, Taiwan Semi stands to benefit from the broader evolution of AI rather than relying on one particular semiconductor category.

That versatility potentially supports more valuation expansion for Taiwan Semi relative to other semiconductor stocks. Historically, chip manufacturers traded at discounts relative to other designers due to their capital-intensive business models. However, TSMC's dominant position in leading-edge manufacturing, growing profitability, and indispensable role in the AI infrastructure value chain could justify a higher earnings multiple in the long-run.

TSM PE Ratio (Forward) data by YCharts.

To me, Taiwan Semi offers a unique proposition: exposure to a broad range of advanced chip architectures regardless of which designers are in demand. Combined with its manufacturing capabilities, robust profitability, and potential for long-term upside, I see TSMC as a compelling buy-and-hold AI chip stock through 2030.

Adam Spatacco has positions in Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Broadcom, Meta Platforms, Micron Technology, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.

Wall Street analysts forecast that Honeywell International Inc. (HON - Free Report) will report quarterly earnings of $2.17 per share in its upcoming release, pointing to a year-over-year decline of 61.5%. It is anticipated that revenues will amount to $5.01 billion, exhibiting a decrease of 51.8% compared to the year-ago quarter.

The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

In light of this perspective, let's dive into the average estimates of certain Honeywell International metrics that are commonly tracked and forecasted by Wall Street analysts.

The collective assessment of analysts points to an estimated 'Net Sales- Industrial Automation' of $1.19 billion. The estimate points to a change of -47.7% from the year-ago quarter.

According to the collective judgment of analysts, 'Net Sales- Building Automation' should come in at $2.01 billion. The estimate suggests a change of +7% year over year.

The consensus estimate for 'Segment Profit- Industrial Automation' stands at $199.21 million. Compared to the present estimate, the company reported $428.00 million in the same quarter last year.

Analysts' assessment points toward 'Segment Profit- Building Automation' reaching $546.35 million. Compared to the current estimate, the company reported $502.00 million in the same quarter of the previous year.

View all Key Company Metrics for Honeywell International here>>>

Over the past month, shares of Honeywell International have returned +2.4% versus the Zacks S&P 500 composite's +1.5% change. Currently, HON carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

New launcher supports Army modernization with improved capability

, /PRNewswire/ -- The U.S. Army awarded the Javelin Joint Venture (JJV), a partnership between Raytheon, an RTX (NYSE: RTX) business, and Lockheed Martin, a $215 million production contract for Lightweight Command Launch Units, or LWCLU. The LWCLU, the next-generation launcher for the Javelin® weapon system, is replacing its legacy command launch unit.

The Javelin LWCLU is designed to be adaptable and compatible with all current, past and future Javelin variants. The award comes five months after the JJV delivered the first LWCLUs to the Army.

"This contract reflects the strong partnership between industry and the Army to sustain and advance the Javelin system," said Jenna Hunt Frazier, JJV president and Javelin program director at Raytheon. "By modernizing our factory and strengthening our production line, we're ensuring soldiers receive a lighter, more capable launcher that improves operational readiness across the force."

The Javelin LWCLU is 30% smaller and 25% lighter, while doubling target detection and recognition, compared to the current Block I Command Launch Unit. The LWCLU maximizes surveillance for soldiers, while offering day and night engagement capability.

"The LWCLU contract award is a powerful testament to the JJV's ongoing commitment to meeting the warfighter's most critical needs," said Rich Liccion, vice president, JJV and program director, Lockheed Martin Javelin. "This achievement reflects what we can accomplish when innovation is driven by purpose and a relentless focus on the mission we support."

Javelin is developed and produced by the JJV between Raytheon, in Tucson, Arizona, and Lockheed Martin in Orlando, Florida. To date, the JJV has produced more than 55,000 Javelin missiles and more than 12,000 reusable Command Launch Units.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact [email protected].

About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.

Lockheed Martin Media Contact: Lockheed Martin Media Relations, +1 972-310-1979; [email protected]. 

SOURCE RTX

Key Takeaways Intuit's Sequence acquisition will strengthen its mid-market ERP and financial software offerings.Sequence automates pricing, billing, collections and revenue recognition for complex revenue models.The deal could boost cross-selling, accelerate AI innovation and expand Intuit's addressable market. Intuit Inc. (INTU - Free Report) has announced an agreement to acquire Sequence, an AI-native revenue management platform, to expand its capabilities in the mid-market enterprise resource planning (ERP) space. The acquisition is expected to strengthen Intuit Enterprise Suite and QuickBooks Online Advanced by integrating automated quote-to-revenue workflows, including pricing, billing, collections and revenue recognition. The move aligns with Intuit’s strategy to attract growing businesses seeking alternatives to traditional ERP solutions offered by Oracle (ORCL - Free Report) and SAP (SAP - Free Report) .

Sequence’s platform replaces manual billing processes and spreadsheets with AI-powered automation, supporting complex revenue models based on consumption, usage, seats and milestones. These capabilities could help Intuit expand into industries such as B2B software and professional services, where hybrid pricing structures are becoming increasingly common. By simplifying revenue management and reducing administrative workloads, Intuit could improve customer retention and attract businesses that might otherwise consider more established enterprise solutions from Oracle and SAP.

The acquisition also strengthens Intuit’s positioning in an increasingly competitive market for AI-enabled financial software. Oracle offers integrated subscription and revenue management capabilities through its cloud applications, while SAP provides subscription billing and revenue recognition solutions within its enterprise software ecosystem.

Intuit’s strategy of combining AI-native automation with its existing financial management platform could help differentiate its offerings among mid-market customers seeking simpler and more integrated solutions. Sequence’s AI engineering expertise could accelerate product innovation and support Intuit’s ambition to develop a comprehensive AI-native ERP platform.

The acquisition could create cross-selling opportunities across Intuit’s existing customer base while expanding its addressable market in more complex business segments. While competition from Oracle and SAP remains significant, the addition of Sequence could reinforce Intuit’s long-term growth prospects by broadening its mid-market capabilities and strengthening its AI-driven financial software ecosystem.

Key Takeaways Lockheed Martin wins a $117.1M contract for Apache radar support services, with work running through 2031.The contract supports Apache radar threat detection and situational awareness.Geopolitical tensions and military modernization boost demand for Lockheed Martin's defense technologies.
Lockheed Martin (LMT - Free Report) recently secured a $117.1 million contract to provide post-production support services for Generation II radar frequency interferometers for Apache attack helicopters. The contract was awarded by the Army Contracting Command, Redstone Arsenal, AL.

Work locations and funding will be determined with each order placed under the contract. The work is expected to be completed by Oct. 12, 2031.

Importance of LMT’s Apache Radar ContractThe Generation II radar frequency interferometer supports the Apache attack helicopter’s electronic warfare capabilities by helping detect and identify radar emissions from potential threats. Such systems support threat awareness and situational awareness, enabling crews to respond to hostile radar activity in complex operational environments.

The contract’s focus on post-production support highlights the importance of maintaining and sustaining existing defense systems throughout their operational lives. Continued support services can help preserve equipment readiness and reliability as the U.S. Army operates its Apache helicopter fleet.

Lockheed Martin’s Growth OpportunitiesRising geopolitical tensions, military modernization initiatives and sustained demand for advanced combat capabilities are supporting growth opportunities for defense contractors like Lockheed Martin. The company’s broad portfolio of aerospace and defense technologies, coupled with long-term relationships with the U.S. military and international customers, positions it to benefit from ongoing defense procurement and sustainment requirements.

Lockheed Martin’s defense portfolio includes the Patriot Advanced Capability-3 (PAC-3) missile defense system, the Terminal High Altitude Area Defense (THAAD) system, the F-35 fighter jet and the Apache helicopter. Contracts involving equipment support and sustainment also provide opportunities to maintain customer relationships beyond the initial delivery of defense platforms.

Opportunities for Other Defense StocksOther defense contractors that provide electronic warfare, radar and related defense technologies may also benefit from continued investment in military modernization and equipment sustainment.

RTX Corporation (RTX - Free Report) : RTX develops advanced radar and electronic warfare systems for air and missile defense, aircraft and naval platforms. Its portfolio includes the AN/SPY-6 family of naval radars and the AN/TPY-2 radar, which supports ballistic missile defense missions.

The company’s radar and sensor technologies address evolving military requirements for threat detection, tracking and situational awareness.

Northrop Grumman (NOC - Free Report) : Northrop Grumman develops advanced radar, electronic warfare and surveillance technologies for military applications. Its portfolio includes the AN/TPS-80 Ground/Air Task-Oriented Radar (G/ATOR) and other systems designed to support air defense, surveillance and battlefield awareness.

These capabilities position the company to address defense requirements for detecting and tracking threats across multiple operational environments.

L3Harris Technologies (LHX - Free Report) : L3Harris provides electronic warfare, surveillance and radar technologies for military platforms. Its offerings include tactical air surveillance and long-range surveillance radar systems, along with solutions designed to support threat detection and situational awareness.

Continued demand for advanced sensing and electronic warfare capabilities may create opportunities for the company as military forces modernize their defense systems.

Vancouver, British Columbia--(Newsfile Corp. - October 19, 2026) - NUE Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (FSE: NUE1) ("NUE" or the "Company") today announced that it has initiated discussions with prospective offtake counterparties for power from its southern Alberta development portfolio, comprising approximately 503.5 MWac gross (251.75 MWac net to NUE) of solar and battery energy storage assets in the Lethbridge and Hanna areas.

NUE has been developing these projects with its joint venture partners, and in January 2026 entered into a non-binding letter of intent with Green Harbor Partners Corp. for their proposed acquisition and development. Working with Green Harbor, NUE has been seeking offtakers for both the power and the associated renewable energy credits.

The Company is prepared to contract capacity under a range of configurations, from solar and solar-plus-storage to hybrid gas, solar and storage, depending on each offtaker's requirements. Prospective offtakers include data centre and high-performance computing operators as well as large industrial and commercial energy users. The discussions, which include firm and hybrid supply arrangements, are progressing; however, there can be no assurance that any definitive agreement will be entered into, or as to the terms of any such agreement.

Alberta's power market is tightening, and large users are moving to secure power directly. In July 2026, a $4.6 billion natural gas generation project was announced to supply Meta's planned Alberta data centre. In June 2025, the Alberta Electric System Operator capped new large-load connections at 1,200 MW through 2028, against more than 16,000 MW of connection requests.

Commercial Structures

Under any configuration, NUE's role is to originate, de-risk and deliver the power and the site. The Company does not supply, lease or resell compute hardware or other information-technology equipment, and will co-develop with qualified data centre operators where appropriate.

Hybrid power for data centres. Data centre and AI compute clients would contract for firm, dispatchable supply anchored by natural gas generation, subject to confirmation of natural gas supply to each site, and integrated with on-site solar and battery storage. The hybrid configuration is intended to shorten time to energization relative to a stand-alone grid interconnection, provide firm capacity to meet uptime requirements, and lower the carbon intensity of delivered power compared with gas-only supply. Battery storage is designed to serve as the control layer across the system, managing load-following, ride-through and dispatch.

Renewable supply for heavy power users. Industrial and commercial clients with significant, long-duration loads would contract for solar or solar-plus-storage generation under long-term physical or virtual power purchase agreements. Contracts may be structured to include the associated environmental attributes, including renewable energy certificates, to support clients' emissions-reduction, ESG and reporting objectives. Long-term fixed or collared pricing is intended to provide clients with a hedge against volatility in Alberta's wholesale power market and the uncertainty associated with ongoing market reform.

Southern Alberta Portfolio

The portfolio consists of solar and battery storage projects in the Lethbridge and Hanna areas of southern Alberta, a region with strong solar resource and proximity to existing transmission infrastructure. Lethbridge Two and Lethbridge Three have received Alberta Utilities Commission approval and Hanna is in pre-development, and the Company continues to engage with the Alberta Electric System Operator on interconnection timing and on the integration of battery storage technology across its program. NUE intends to remain flexible on the path for each project, which may include co-development, a sale or a combination of both.

The Company is accepting expressions of interest for capacity across the portfolio.

"Offtakers in Alberta are asking two distinct questions, and we have built the portfolio to answer both," said Broderick Gunning, President and Chief Executive Officer of NUE. "Data centre operators need firm power on a defined schedule, and we are working through firm and hybrid supply options to meet that need. Large industrial users need long-term price certainty and credible environmental attributes. The Alberta power market is heating up, and these assets are well positioned for it."

"The commercial conversation has shifted from cost per megawatt-hour to certainty of delivery," said John Windsor, Chief Operating Officer of NUE. "Our work in southern Alberta is intended to set the template for how we contract and deliver across our Prairie pipeline."

The Company expects to provide further updates as appropriate. Parties interested in submitting an expression of interest may contact [email protected].

About NUE Power Corp.

NUE Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (FSE: NUE1) is an energy infrastructure development company focused on the origination, development, and advancement of integrated power and energy-park opportunities. Operating a develop-to-divest model, the Company emphasizes strategic site positioning, grid access, and disciplined stage-gated development across markets serving compute-intensive and large-load industrial demand.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information is based on the Company's current expectations and assumptions and is not a guarantee of future performance. Words such as "expects," "intends," "plans," "believes," "may," "will," "designed," "objective" and similar expressions identify forward-looking information. Forward-looking information in this release includes, among other things, statements regarding: discussions with prospective offtake counterparties and the possibility, timing and terms of any definitive agreement; the commercial structures the Company may offer; the progress of permitting, interconnection, energization and construction across the southern Alberta portfolio; the anticipated benefits of hybrid power configurations and long-term renewable supply arrangements; and the Company's contracting objectives and development plans.

Forward-looking information involves known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including, among others: permitting, interconnection and other regulatory approvals; changes to Alberta's electricity market design and environmental attribute regimes; equipment supply and natural gas availability; financing; construction timing and cost; reliance on third-party partners; and the other risks described in the Company's continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. Forward-looking information speaks only as of the date of this release, and the Company undertakes no obligation to update it except as required by applicable securities laws.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release, which may contain "forward-looking statements", being statements about the future based on current expectations or beliefs. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319675

Source: NUE Power Corp.

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Key Takeaways Annaly's Q3 net interest income is estimated at $545M, up 97.6% y/y.Annaly's earnings estimate of 78 cents per share implies 6.9% y/y growth.Net servicing income is projected to rise 30% y/y to $164.2M in Q3.
Annaly Capital Management Inc. (NLY - Free Report) is scheduled to report third-quarter 2026 results on Oct. 20, after market close. The company’s net interest income (NII) and earnings are expected to reflect year-over-year increases in the quarter to be reported.

In the last reported quarter, the mortgage real estate investment trust's earnings available for distribution per share surpassed the Zacks Consensus Estimate. The company's net interest income and net interest margin improved year over year. The year-over-year increase in book value per share was also encouraging. However, higher economic funding costs were concerning.

Annaly has an impressive earnings surprise history. The company surpassed the Zacks Consensus Estimate in the trailing four quarters, with an average surprise of 3.05%.

Let us see how things have shaped up before the third-quarter earnings announcement.

The consensus estimate for third-quarter NII is pegged at $545 million, suggesting a 97.6% increase from the year-ago quarter's reported figure.

The Zacks Consensus Estimate for earnings has been unchanged at 78 cents over the past seven days. The estimate indicates a 6.9% increase from the year-ago quarter's actual.

Factors to Shape NLY’s Q3 PerformanceThe Federal Reserve raised its benchmark rate by 25 basis points in September to a range of 3.75-4% amid persistent inflationary pressures and resilient economic activity. In the third quarter, mortgage rates followed an upward trajectory, with the average 30-year fixed mortgage rate rising from 6.43% in early July to 7.03% by late September, according to Freddie Mac. 

Elevated borrowing costs continued to weigh on housing demand and refinancing activity. Mortgage applications declined toward the end of the quarter, reflecting affordability challenges and reduced refinancing incentives.

Given this backdrop, NLY's mortgage-backed securities (MBS) portfolio is likely to have faced continued interest-rate volatility and fluctuations in agency MBS spreads during the quarter. Rising U.S. Treasury yields, driven by persistent inflation concerns and changing expectations surrounding Fed policy, are likely to have weighed on MBS valuations. Consequently, higher yields and fluctuations in mortgage spreads might have pressured the company's book value performance in the third quarter of 2026.

With mortgage rates trending higher during the quarter, refinancing activities remained subdued, particularly for borrowers holding mortgages originated at significantly lower rates. As a result, NLY's constant prepayment rates are expected to have been relatively contained, helping moderate premium amortization expenses and support net interest income. 

However, higher short-term interest rates might have increased funding costs, partly offsetting the benefits of attractive reinvestment yields. The company's hedging strategies and portfolio repositioning are likely to have influenced its overall interest income performance.

Given the subdued refinancing environment and relatively contained prepayment expectations, NLY's mortgage servicing rights (MSR) portfolio is likely to have benefited in the third quarter. Higher mortgage rates generally extend the expected duration of servicing cash flows by reducing refinancing-related prepayments, potentially supporting MSR valuations. This trend, along with the company's existing servicing portfolio, is anticipated to have supported servicing fee income in the quarter to be reported.

The Zacks Consensus Estimate for net servicing income of $164.2 million indicates a year-over-year rise of 30%.

What the Zacks Model Reveals for AnnalyOur proven model does not conclusively predict an earnings beat for NLY this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here.

You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Earnings ESP: Annaly has an Earnings ESP of 0.00%.

Zacks Rank: NLY currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.

REIT Stocks to ConsiderHere are a couple of REIT stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this time:

American Healthcare REIT, Inc. (AHR - Free Report) is expected to release third-quarter 2026 earnings on Nov. 5. The company has an Earnings ESP of +0.60 and a Zacks Rank #2 at present. 

Quarterly earnings estimates for AHR have been unchanged at 56 cents per share over the past week.

Sun Communities (SUI - Free Report) is expected to release third-quarter 2026 earnings on Nov. 4. The company has an Earnings ESP of +3.68 and a Zacks Rank #3 at present. 

Quarterly earnings estimates for AHR have been unchanged at $2.25 per share over the past week.

Key Takeaways TTD's $1.49B cash reserves as of June 30 and $745M credit availability support strategic investments.Investments in Kokai Zuma's agentic AI & healthcare integrations aim to enhance advertising and measurement.TTD faces macroeconomic pressures and intensifying ad market competition.
The Trade Desk’s (TTD - Free Report) strong liquidity position provides financial flexibility as it invests in artificial intelligence (AI) to enhance the advertising platform and expand strategic partnerships. As the digital advertising market becomes increasingly competitive, the company's financial resources could help support innovation and strengthen its position in the programmatic advertising industry.

As of June 30, 2026, The Trade Desk had approximately $1.49 billion in cash, cash equivalents and short-term investments, comprising $1.12 billion in cash and equivalents and $362.4 million in short-term investments. The company also had approximately $745 million available as of June 30 under its revolving credit facility, providing additional financial flexibility.

The Trade Desk generated $154 million in operating cash flow and $136 million in free cash flow during the second quarter. For the first six months of 2026, operating cash flow reached $545.4 million, compared with $456.4 million in the prior-year period.

The company's financial resources support continued investments in its AI-powered Kokai platform, Audience Unlimited and advanced measurement capabilities. In August, TTD unveiled Kokai Zuma, the latest release of its Kokai platform. Zuma brings new agentic AI capabilities and a simpler measurement framework to improve navigation on the Kokai platform for buyers and focus more closely on business outcomes.

In September, the company expanded its healthcare advertising capabilities through enhanced integrations with Veeva Crossix and IQVIA Digital. This move gives pharmaceutical advertisers access to more granular campaign measurement and enables them to use healthcare-specific insights directly in media optimization and decision-making.

Management is also prioritizing platform efficiency through the transition of critical workloads to owned data centers from third-party cloud providers.

The Trade Desk is also balancing growth investments with shareholder returns. The company used $78 million of cash for share repurchases in the quarter, leaving $269 million worth of stock authorized for future buybacks as of June 30, 2026.

Nevertheless, an abrupt slowdown in revenue growth is concerning. On the last earnings call, The Trade Desk highlighted ongoing pressure in key verticals such as Food & Drink and Home & Garden as CPG brands face geopolitical tensions, inflation and consumer softness. While automotive remains strong, it is also impacted by tariffs. CPG and autos generate about 25% of Trade Desk’s business, increasing exposure to cautious enterprise budgets.

These pressures were visible in the second quarter of 2026, when revenues rose only 3% year over year to $715.1 million. Management's third-quarter guidance calls for revenues of at least $650 million and assumes no meaningful improvement in the macro backdrop.

Rising infrastructure costs and competitive pricing pressures could constrain profitability and future cash generation. Management's emphasis on disciplined capital allocation will therefore be crucial amid intense competition.

Competitive LandscapeWalled gardens like Meta Platforms, Alphabet (GOOGL - Free Report) and Amazon (AMZN - Free Report) offer fierce competition in this space as they control their inventory and first-party user data, allowing for highly targeted ad campaigns.

While CTV remains a strong revenue driver, this market is also increasingly becoming competitive as smaller players like Magnite (MGNI - Free Report) and PubMatic intensify their efforts.

Alphabet dominates the digital ad space with its online ad platform. The main sources of its ad revenues are Google Search, YouTube ads and Google Network. Alphabet ended the second quarter of 2026 with $242.47 billion in cash, cash equivalents and marketable securities, while long-term debt stood at $98.17 billion.

Amazon’s DSP platform enables advertisers to plan, activate and measure full-funnel investments. The company is also strengthening its position in CTV and premium video advertising.

Earlier, Amazon announced a partnership with OpenAI to support advertising in ChatGPT, expanding its reach into conversational AI. The new partnership will allow advertisers to expand their Amazon Ads campaigns to ChatGPT, with select advertisers in the U.S. testing the integration.

The company is strengthening its advertising capabilities through AI-powered tools such as Ads Agent, which reduces campaign setup and targeting time. As of June 30, 2026, cash and cash equivalents were $78.2 billion, while the long-term debt totaled $128.9 billion.

Magnite is an independent sell-side advertising company. Its core growth engine, CTV business, continues to deliver strong performance. The company is also expanding its agentic AI capabilities. Earlier in the year, MGNI unveiled Magnite Orchestration, which gained additional omnichannel capabilities and third-party integrations in September. As of June 30, 2026, Magnite had a cash balance of $333 million.     
 

Wall Street analysts forecast that Roper Technologies (ROP - Free Report) will report quarterly earnings of $5.79 per share in its upcoming release, pointing to a year-over-year increase of 12.7%. It is anticipated that revenues will amount to $2.18 billion, exhibiting an increase of 7.9% compared to the year-ago quarter.

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

Given this perspective, it's time to examine the average forecasts of specific Roper Technologies metrics that are routinely monitored and predicted by Wall Street analysts.

The consensus estimate for 'Net revenues- Application Software' stands at $1.24 billion. The estimate indicates a change of +6.9% from the prior-year quarter.

Analysts predict that the 'Net revenues- Technology Enabled Products' will reach $490.20 million. The estimate points to a change of +10.6% from the year-ago quarter.

Analysts' assessment points toward 'Net revenues- Network Software' reaching $444.18 million. The estimate indicates a change of +7.5% from the prior-year quarter.

Based on the collective assessment of analysts, 'Operating Profit- Application Software' should arrive at $355.70 million. The estimate compares to the year-ago value of $323.00 million.

The collective assessment of analysts points to an estimated 'Operating Profit- Technology Enabled Products' of $168.00 million. The estimate compares to the year-ago value of $150.20 million.

Analysts forecast 'Operating Profit- Network Software' to reach $192.64 million. Compared to the present estimate, the company reported $178.10 million in the same quarter last year.

View all Key Company Metrics for Roper Technologies here>>>

Roper Technologies shares have witnessed a change of +2.7% in the past month, in contrast to the Zacks S&P 500 composite's +1.5% move. With a Zacks Rank #2 (Buy), ROP is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

NEW YORK, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in FuelCell Energy, Inc. (NASDAQ: FCEL) that a class action lawsuit has been filed on behalf of shareholders who purchased securities between June 24, 2026 and September 1, 2026. Find out if you could qualify to recover your per-share losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

FCEL closed at a Class Period high of $36.01 per share on June 30, 2026. On September 2, 2026, the stock fell $2.68, or 15.69%, to close at $14.40 after the Company reported a fiscal third quarter net loss of $45.3 million and a $17.0 million charge tied to its Fit Energy agreement. Investors have until November 10, 2026 to seek appointment as lead plaintiff.

The Promise

On June 24, 2026, the Company announced a Capital Equipment Purchase Agreement with Fit Energy USA LP for up to 380 megawatts of baseload on-site power for data centers, including an immediate deposit for an initial committed 30 MW phase scheduled to begin delivery later that year. Management stated that the agreement "further validates our decision to scale our operations to 500 MW, preserving our ability to serve a broad and growing pipeline of customers." Two weeks later, the Company priced an underwritten offering of approximately 12.3 million shares at $21.00 per share.

The Reality

Results revealed on September 2, 2026 described a very different production picture. The Company reported that per-unit product costs and absorbed fixed manufacturing overhead reflected "the annualized production rate of approximately 37.1 MW at which we operated during the quarter, which remains below the production volume at which we expect our cost structure to align with market-based pricing for orders of this scale." Product costs and manufacturing overhead exceeded the contractual pricing established under the Fit Energy agreement, and the Company recorded $17.0 million in charges tied to inventory and firm purchase commitments arising from Phase 0.

Promise vs. Actual: By the Numbers

Announced program scale of up to 380 MW; actual annualized production rate of approximately 37.1 MW.Stated intent to scale operations to 500 MW; disclosed maximum annualized Torrington capacity of 100 MW under its current configuration.Contractual pricing under the agreement; product costs and overhead that exceeded that pricing, producing $17.0 million in charges.Quarterly revenue of $33.0 million versus $46.7 million a year earlier, a decrease of approximately 29%.Gross loss of $(24.5) million versus $(5.1) million a year earlier, an increase of approximately 377%.A Class Period high of $36.01 per share on June 30, 2026 against a $14.40 close on September 2, 2026. The gap demonstrates what the lawsuit contends investors were never told: that manufacturing capacity was allegedly inadequate to generate the production rate the agreement required, that the resulting cost overruns were allegedly a known trend affecting profitability, and that charges tied to Phase 0 were allegedly reasonably likely well before they were disclosed.

"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections. Here, the complaint alleges that Fuel Cell did not appropriately caution investors that the production rate needed to support the announced Fit Energy commitment was not achievable at the time the agreement was promoted to the market." -- Joseph E. Levi, Esq.

Submit your information here or call (212) 363-7500.

WHY LEVI & KORSINSKY — Ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered hundreds of millions of dollars for investors. Investors who suffered losses have until November 10, 2026 to seek appointment as lead plaintiff.

Frequently Asked Questions About the FCEL Lawsuit

Q: What is the FCEL lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is November 10, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.

Q: How much did FCEL stock drop? A: Shares fell approximately 15.69%, a decline of $2.68 per share, after the Company disclosed a fiscal third quarter net loss of $45.3 million and a $17.0 million charge reflecting contractual pricing provisions tied to inventory and firm purchase commitments under the Fit Energy agreement. Investors who purchased shares during the Class Period at artificially inflated prices and suffered losses may be eligible to seek compensation.

Q: What specific misstatements does the FCEL lawsuit allege? A: The complaint alleges FuelCell Energy, Inc. made materially false or misleading statements or otherwise omitted known information regarding the adequacy of its manufacturing capacity to generate the production rate required under the Fit Energy agreement, and the likelihood of incurring the resulting product cost and manufacturing overhead increases.

Q: What do FCEL investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: What if I already sold my FCEL shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.

Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

Q: How long will the lawsuit take to resolve? A: Securities class actions typically take two to four years from initial filing to resolution. Timing depends on the court schedule, case developments, and whether the matter is dismissed, settled, or litigated further.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.

In its upcoming report, Blackstone Inc. (BX - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.30 per share, reflecting a decline of 14.5% compared to the same period last year. Revenues are forecasted to be $3.34 billion, representing a year-over-year increase of 1.3%.

Over the last 30 days, there has been a downward revision of 0.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

Bearing this in mind, let's now explore the average estimates of specific Blackstone Inc. metrics that are commonly monitored and projected by Wall Street analysts.

According to the collective judgment of analysts, 'Segment Revenues- Realized Principal Investment Income' should come in at $47.40 million. The estimate suggests a change of -24.2% year over year.

The combined assessment of analysts suggests that 'Segment Revenues- Credit & Insurance- Total Management Fees, Net' will likely reach $516.91 million. The estimate indicates a year-over-year change of +4%.

Analysts expect 'Segment Revenues- Private Equity- Base Management Fees' to come in at $707.23 million. The estimate suggests a change of +12.5% year over year.

It is projected by analysts that the 'Segment Revenues- Multi-Asset Investing- Total Management Fees, Net' will reach $165.20 million. The estimate points to a change of +19.3% from the year-ago quarter.

The collective assessment of analysts points to an estimated 'Fee-Earning Assets Under Management Rollforward - Private Equity' of $276.19 billion. Compared to the current estimate, the company reported $235.00 billion in the same quarter of the previous year.

Based on the collective assessment of analysts, 'Fee-Earning Assets Under Management Rollforward - Real Estate' should arrive at $278.52 billion. Compared to the present estimate, the company reported $282.58 billion in the same quarter last year.

Analysts' assessment points toward 'Fee-Earning Assets Under Management Rollforward - Hedge Fund Solutions (Multi-Asset Investing)' reaching $100.97 billion. Compared to the present estimate, the company reported $83.45 billion in the same quarter last year.

The average prediction of analysts places 'Fee-Earning Assets Under Management Rollforward - Credit & Insurance' at $326.02 billion. Compared to the current estimate, the company reported $305.19 billion in the same quarter of the previous year.

Analysts predict that the 'Fee-Earning Assets Under Management' will reach $981.70 billion. The estimate compares to the year-ago value of $906.22 billion.

The consensus among analysts is that 'Total Assets Under Management - Hedge Fund Solutions (Multi-Asset Investing)' will reach $111.25 billion. Compared to the current estimate, the company reported $93.32 billion in the same quarter of the previous year.

The consensus estimate for 'Total Assets Under Management - Credit & Insurance' stands at $481.30 billion. The estimate compares to the year-ago value of $432.32 billion.

Analysts forecast 'Total Assets Under Management - Real Estate' to reach $317.99 billion. The estimate compares to the year-ago value of $320.49 billion.

View all Key Company Metrics for Blackstone Inc. here>>>

Over the past month, shares of Blackstone Inc. have returned -14.7% versus the Zacks S&P 500 composite's +1.5% change. Currently, BX carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

NEW YORK, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against DICK’s Sporting Goods, Inc. (“Dick’s Sporting Goods” or the “Company”) (NYSE: DKS) on behalf of investors that purchased or otherwise acquired Dick’s Sporting Goods common stock between September 8, 2025 and August 24, 2026 (the “Class Period”).

CLICK HERE TO JOIN THE CASE

If you are an investor in Dick’s Sporting Goods and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 3, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

On September 8, 2025, the first day of the Class Period, Dick’s Sporting Goods announced the completion of its acquisition of Foot Locker, Inc. (“Foot Locker”) for approximately $2.5 billion in cash and stock.

The complaint alleges that throughout the Class Period, Defendants misled investors regarding the Company’s acquisition of Foot Locker, touting the acquisition as a strategic opportunity to drive growth and profitability while assuring investors that Foot Locker’s longstanding inventory and promotional challenges had been resolved. In reality, according to the complaint, those problems persisted, as Foot Locker remained heavily dependent on legacy footwear products that were exposed to intensifying promotional pressures across the athletic footwear industry.

The truth was allegedly revealed to investors before markets opened on August 25, 2026, when Dick’s Sporting Goods reported disappointing second-quarter 2026 results, which included revenue of $1.73 billion from Foot Locker that fell well short of analysts’ estimates of $1.81 billion. Dick’s Sporting Goods also reduced its net sales guidance for full-year 2026 and disclosed that it expected Foot Locker’s proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year—down from Dick’s prior forecast of 1.5% to 3% growth.

On this news, the price of Dick’s Sporting Goods stock fell $55.02 per share, or 30.68%, to close at $124.31 per share on August 25, 2026.

CLICK HERE TO LEARN MORE

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

CONTACT:

Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
[email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
[email protected]

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/dicks-sporting-goods-inc-class-action-lawsuit-learn-more-now/

 | Source: Wave Life Sciences USA, Inc.

CAMBRIDGE, Mass., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Wave Life Sciences, Inc. (Nasdaq: WVE), a clinical-stage biotechnology company focused on unlocking the broad potential of RNA medicines to transform human health, announced it will host a virtual Research Day on Wednesday, November 4, 2026 at 9:30 a.m. ET.

During the event, Wave will share new data highlighting its differentiated RNA medicines platform, including its best-in-class chemistry, hepatic and extra-hepatic capabilities, and RNAi, RNA editing, and bifunctional modalities. The event will also feature perspectives on PNPLA3 I148M liver disease and the opportunity for an RNA editing correction approach from Arun J. Sanyal, MD, FAASLD, a leading hepatologist. Dr. Sanyal is a Z Reno Vlahcevic Professor of Medicine and Director of the Stravitz-Sanyal Institute for Liver Disease and Metabolic Health at Virginia Commonwealth University (VCU) School of Medicine.

Research Day Webcast
A webcast of the event can be accessed by visiting “Investor Events” on the investor relations section of the Wave Life Sciences website: https://ir.wavelifesciences.com/events-publications/events. Analysts planning to participate during the Q&A portion of the event can join the audio-conferencing link available here. Following the live event, an archived version of the webcast will be available on the Wave Life Sciences website.

About Wave Life Sciences
Wave Life Sciences (Nasdaq: WVE) is a biotechnology company focused on unlocking the broad potential of RNA medicines to transform human health. Wave’s PRISM® platform combines multiple RNA medicine modalities, chemistry innovation, and deep insights in human genetics to deliver scientific breakthroughs that treat both rare and common disorders. Its toolkit of RNA-targeting modalities, including RNAi (SpiNA) and RNA editing (AIMers), provides Wave with unmatched capabilities for designing and sustainably delivering candidates that optimally address disease biology. Wave’s pipeline is focused on its obesity (WVE-007), alpha-1 antitrypsin deficiency (WVE-006) and PNPLA3 I148M liver disease (WVE-008) programs, and also includes clinical programs in Duchenne muscular dystrophy and Huntington’s disease, as well as several preclinical programs utilizing the company’s versatile RNA medicines platform. Driven by the calling to “Reimagine Possible,” Wave is leading the charge toward a world in which human potential is no longer hindered by the burden of disease. Wave is headquartered in Cambridge, MA. For more information on Wave’s science, pipeline and people, please visit www.wavelifesciences.com and follow Wave on X and LinkedIn.

Contact:
Kate Rausch
VP, Corporate Affairs and Investor Relations
+1 617-949-4827

Investors:
James Salierno
Director, Investor Relations
+1 617-949-4043
[email protected]

Media:
Katie Sullivan
Senior Director, Corporate Communications
+1 617-949-2936
[email protected]

Greg Abel has been CEO of Berkshire Hathaway for only about 10 months. But he's been at the company since 1999, so he's been able to learn from the Great Warren Buffett for decades.

While Buffett has always loved to buy value stocks trading at bargain prices, he learned from his right-hand man, Charlie Munger, who served as Berkshire's vice chair until his passing in 2023, that value doesn't always look like a beaten-down stock the market has abandoned.

He took this advice to heart. In a 1989 letter to shareholders, Buffett wrote: "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." The lesson seems to have stuck with Abel, too, who in recent months has plowed $930 million into a stock that embodies just that.

Image source: Getty Images.

Buying value in a seemingly legacy business
In July, Berkshire invested $600 million in Bending Spoons' (BSP +3.18%) initial public offering (IPO). Bending Spoons acquires or rolls up digital businesses, optimizes them, and then reinvests the earnings to buy more digital businesses.

Recently, another securities filing revealed that Berkshire has invested an additional $330 million, bringing its total stake in the company to about 4%.

Since Bending Spoons' inception in 2013, the company has acquired 50 businesses, including notable names like AOL, Eventbrite, and Vimeo, all three of which were acquired within the past two years. Results have been great. For the second quarter, Bending Spoons grew revenue 126% year over year to over $704 million. Diluted earnings per share surged 163% to $0.28. Adjusted operating margins were 54%.

While the company has taken on debt to fund acquisitions, Bending Spoons' net leverage ratio was 2.4x, which is manageable and not a cause for concern.

Another interesting thing about Bending Spoons is that while naysayers may view many of the companies it is purchasing as legacy technology or as companies that couldn't compete with peers, management is clearly bullish on the potential to layer artificial intelligence into these businesses.

BSP Bending Spoons S.p.A.$48.57+$1.50 (+3.18%)

NASDAQ · As of 10:00 AM ET 10/19/26

For instance, at one of Bending Spoons' companies, Brightcove, a cloud-based video platform, AI was used to enable auto-translations, audio-track dubbing, and live captions in over 50 languages.

Ultimately, Bending Spoons' strategy aligns closely with Buffett and Berkshire's value philosophy, in which they seek out businesses the market may have abandoned but that have solid underlying fundamentals and good stewards of capital who can unlock shareholder value.

Where the stock stands today and a good lesson for investors
Now, investors should understand that Berkshire bought shares at significantly more attractive levels than where the stock trades today. The company was priced at $29 per share in the IPO, and Berkshire's recent $330 million purchase was at $33 per share.

As of this writing, the stock trades at nearly $54.50 and has a market capitalization of nearly $35 billion. Even though revenue and profits are growing quite nicely, the stock now trades at nearly 39 times forward earnings and 11.6 times forward sales.

Whether that valuation is reasonable is debatable, but the stock is by no means a bargain right now. Still, it's a good business with strong long-term prospects, so investors can consider whether to start nibbling, practice dollar-cost averaging, or add it to their watch list and wait for better entry points.

Overall, I think Berkshire's purchase of Bending Spoons is a good lesson that Buffett, Munger, and now Abel have been teaching for decades. Just because a business isn't in the hottest sector or is an old name doesn't mean there isn't good value there.

It depends on management, how the business is run, and ultimately, the financials. Abel and his team saw a good opportunity and have already been rewarded. There's always value to be had in every market, regardless of the environment.

Joint development plan aimed at benefitting Hoosiers without raising costs for customers

Companies working together to study the feasibility of a small modular reactor project in Sullivan County, Indiana, in coordination with state and local stakeholders Development and funding agreements designed to provide financial safeguards for AEP's customers and investors If the project moves beyond the development phase and is constructed, 960 megawatts of X-energy's advanced nuclear generation technology expected to connect directly to the grid to provide safe, reliable energy , /PRNewswire/ -- As energy demand grows, American Electric Power (Nasdaq: AEP) is exploring new ways to bring reliable power to the grid while prioritizing affordability for Indiana Michigan Power (I&M) customers and mitigating business risk. AEP today announced a joint development agreement with X-energy (Nasdaq: XE) to evaluate the feasibility of constructing a 960-megawatt (MW) advanced nuclear energy project at a former coal plant site in Sullivan County, Indiana. Amazon is supporting the project's development through a funding agreement.

If the development project reaches a final investment decision and moves forward with construction and commercial operation, the completed facility would add safe, clean, reliable electricity to the grid using X-energy's Xe-100 small modular reactor technology. Amazon intends to purchase the power under a long-term contract, covering the costs of the facility and its operations for the duration of the contract.

This collaboration combines AEP's power generation and nuclear operating expertise, Amazon's commitment to development capital and long-term power purchase, and X-energy's advanced nuclear technology to explore the development of a clean, safe, long-term energy solution to benefit customers and foster economic development in Indiana.

"Advanced nuclear energy has the potential to provide dependable power for over half a century while supporting economic growth in our communities. With this development plan, we are working to bring together the resources to help meet unprecedented growth in energy demand with reliable baseload power while protecting affordability for existing customers," said Bill Fehrman, AEP chairman, president and chief executive officer. "Our agreements with Amazon and X-energy will provide all necessary capital protections and financial safeguards that we have said are essential for any potential nuclear project to move forward."

X-energy's Xe-100 is an advanced nuclear technology designed to provide safe, reliable energy in a compact footprint. The initial project would include 12 Xe-100 units of 80 MW each, configured in groups of four, for a total of 960 MW.

The companies are evaluating the former site of I&M's Breed Generating Station in Sullivan County, Indiana, as a location for the potential project. Sullivan County recently became part of the Indiana Advanced Nuclear Ready Communities Program that supports the opportunity for an advanced nuclear project.

Indiana Governor Mike Braun said, "Indiana is building an energy future that prioritizes affordability for Hoosier families and businesses while driving economic growth. The decision by I&M/AEP, Amazon and X-energy to explore this technology in one of Indiana's counties represents the kind of innovation and investment that can deliver lasting benefits for our state. This project has the potential to create well-paying jobs in Sullivan County, strengthen our electric grid and further position Indiana as a national leader in advanced nuclear energy."

Should the project advance beyond the development phase into construction and commercial operation, it is expected to create jobs, expand the local tax base and strengthen Indiana's energy infrastructure for more than 60 years.

As the potential project moves forward, the companies are committed to working closely with local leaders, residents, regulators and other stakeholders.

"At Amazon, we are committed to serving the needs of our customers and achieving our Climate Pledge goal to be net-zero carbon across our operations by 2040," said Josh Weissman, VP of Data Center Infrastructure Capacity Delivery at Amazon. "This collaboration with AEP and X-energy would enable us to make progress on both while ensuring that Indiana's communities benefit. Together, we're looking to develop nearly a gigawatt of carbon-free power for the regional grid and pay our full costs without passing them to others. This project would also create jobs and generate tax revenues to benefit Hoosier communities for decades to come."

J. Clay Sell, CEO of X-energy, said, "This effort pairs AEP's 50 years of excellence in nuclear operations with the world-class expertise of Amazon to chart a new course for Indiana's energy future, powered by our Xe-100 small modular reactor. Together, we're working to advance a clean, safe, reliable solution to meet growing energy demand and benefit Indiana and its communities for generations to come."

ABOUT AEP

American Electric Power (Nasdaq: AEP) is committed to improving our customers' lives with reliable, affordable power. We plan to invest $78 billion from 2026 through 2030 to enhance service for customers and support the growing energy needs of our communities. Our nearly 18,000 employees operate and maintain the nation's largest electric transmission system with 40,000 line miles, along with more than 252,000 miles of distribution lines to deliver energy to 5.6 million customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 33,000 megawatts of diverse owned and contracted generating capacity. We are focused on safety and operational excellence, creating value for our stakeholders and bringing opportunity to our service territory through economic development and community engagement. Our family of companies includes AEP Texas, Appalachian Power (in Virginia, West Virginia and Tennessee), Indiana Michigan Power, Kentucky Power, Ohio Power Company, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. AEP is headquartered in Columbus, Ohio. For more information, visit aep.com.

SOURCE American Electric Power

AppLovin (APP - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this mobile app technology company have returned -13.6% over the past month versus the Zacks S&P 500 composite's +1.5% change. The Zacks Technology Services industry, to which AppLovin belongs, has lost 8.1% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

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

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

For the current quarter, AppLovin is expected to post earnings of $3.95 per share, indicating a change of +61.2% from the year-ago quarter. The Zacks Consensus Estimate has changed -1.2% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $15.67 points to a change of +56.1% from the prior year. Over the last 30 days, this estimate has changed -0.3%.

For the next fiscal year, the consensus earnings estimate of $19.9 indicates a change of +27% from what AppLovin is expected to report a year ago. Over the past month, the estimate has changed -1.3%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, AppLovin is rated Zacks Rank #4 (Sell).

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

12 Month EPS

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

In the case of AppLovin, the consensus sales estimate of $2.08 billion for the current quarter points to a year-over-year change of +47.8%. The $8.08 billion and $10.14 billion estimates for the current and next fiscal years indicate changes of +39.1% and +25.5%, respectively.

Last Reported Results and Surprise HistoryAppLovin reported revenues of $1.92 billion in the last reported quarter, representing a year-over-year change of +52.8%. EPS of $3.76 for the same period compares with $2.26 a year ago.

Compared to the Zacks Consensus Estimate of $1.94 billion, the reported revenues represent a surprise of -0.75%. The EPS surprise was +1.08%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

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

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

As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

AppLovin is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about AppLovin. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

Purpose-built for direct-to-device connectivity, C-3 satellites are expected to launch beginning next year  | Source: Globalstar, Inc.

COVINGTON, La., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that the United States Federal Communications Commission (“FCC”) issued an order granting Globalstar nationwide authority to operate its previously announced third-generation C-3 MSS System. This authorization is the result of the continued cooperation between Globalstar and the FCC that now spans more than three decades. With this authorization, Globalstar’s C-3 satellites will be able to communicate with hundreds of millions of mobile earth terminals located in the United States, including direct-to-device (“D2D”) connectivity to smartphones. This authorization also permits Globalstar’s ground station antennas located in Alaska, Hawaii, Nevada, Texas, Florida and Puerto Rico to communicate with its C-3 satellites.

“Receiving this FCC authorization is a critical step forward for continuing to enhance the capabilities of our low Earth orbit satellite constellations,” said Dr. Paul E. Jacobs, CEO of Globalstar. “This approval will ensure our ability to deliver next-generation satellite services that combine increased capacity, improved performance, and greater flexibility to users for years to come.”

Notified to the ITU by the Republic of France under the name AST-NG-C-3, the C-3 System will comprise 48 low Earth orbit satellites operating at an altitude of 1414 kilometers along with 6 in-orbit spares, supported by approximately 90 six-meter ground station antennas installed around the world to usher in a next generation of global D2D connectivity.  The C-3 System will be commanded and controlled from Globalstar’s dedicated satellite operations control centers in Toulouse, France and at Globalstar’s corporate headquarters in Covington, La.

"With satellite operations controlled from Covington, La and Toulouse, France, satellites manufactured by MDA Space in Canada, and U.S.-manufactured ground station antennas installed in over 20 countries around the world, C-3 is truly a global system that will support the communications needs of a global public,” said L. Barbee Ponder, General Counsel and Vice President of Regulatory Affairs for Globalstar. “On behalf of everyone at Globalstar, we express our sincere appreciation to the FCC and specifically the Space Bureau for their professionalism and tireless efforts to bring this multi-year licensing effort to a successful conclusion.” 

About Globalstar, Inc.
Globalstar is a global telecommunications provider connecting what matters most. Through our industry-leading low Earth orbit (LEO) satellite constellation and licensed Band 53/n53 spectrum, we deliver reliable satellite and terrestrial connectivity solutions that empower customers worldwide to connect, transmit, and communicate smarter.

Our comprehensive connectivity ecosystem includes software-defined, purpose-built private wireless network platform, coupled with Globalstar Band 53 in XCOM RAN™ and trusted GPS messengers Saved by SPOT™ for safety and personal communication for business and enterprise applications.

Serving business, enterprise, and consumer markets across the globe, Globalstar supports applications that track and protect assets, enable automation, enhance operational efficiency, and safeguard lives. With unmatched reach and a relentless focus on innovation, and mission-critical performance, we're redefining what's possible for global connectivity.
To learn more, visit www.globalstar.com.

Media Contact:
Alisa Moloney
[email protected] 

NEW YORK, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a global payments infrastructure company and leader in payments processing and cross-border transactions, and Fireblocks, the digital asset infrastructure company, today announced an extension of their partnership to bring stablecoins into card issuing. Under the expanded collaboration, banks, fintechs and other financial institutions can seamlessly launch their own stablecoin-funded card programs on Euronet's Ren and CoreCard issuing platforms, with Fireblocks providing the embedded wallet infrastructure that holds and moves the underlying stablecoin balances, bridging the gap between traditional fiat networks and the digital asset ecosystem.

Stablecoins are becoming a mainstream way to hold and move money across borders, but spending them still usually means converting and moving funds between accounts first. Stablecoin-backed cards remove that step by connecting stablecoin balances directly to card networks. Consumers and businesses spend anywhere cards are accepted, and merchants continue to receive local currency.

Euronet brings global card issuing and processing capabilities through its Ren and CoreCard platforms, which serve leading financial institutions and fintechs worldwide. Fireblocks provides the wallet infrastructure underneath. Each cardholder receives an embedded wallet at onboarding, and fiat deposits convert to stablecoin before they are credited. End users will log in with credentials they already use and hold the balance their card spends from, with no seed phrase and no separate crypto app to manage. Fireblocks powers hundreds of payments companies and facilitates more than $300 billion in stablecoin volume each month on average. Together, Euronet and Fireblocks will provide a more integrated approach for financial institutions and fintechs to launch and scale stablecoin-powered card programs across markets, connecting the growing digital asset economy with the global infrastructure for everyday card payments.

Euronet began working with Fireblocks in October 2025, starting with partner settlement and pre-funding across its Cross-Border Payments segment. Extending that partnership into issuing opens a fast, white-label path for banks, fintechs and other financial institutions to launch stablecoin-backed cards without having to build the underlying digital-asset infrastructure themselves. The timing reflects a broader shift already under way in the market: more than 160 stablecoin-linked card programs were live on the Visa network in Visa's fiscal second quarter of 2026, with payment volume on those programs up nearly 200% year over year.

Euronet plans to offer this as a white-label capability that banks and fintechs can embed directly into their own banking or wallet app, with Euronet and Fireblocks managing the underlying infrastructure in the background.

“Stablecoins have fundamentally changed how money can move around the world, but their true potential will be realized when they become as easy to use as the payment products consumers and businesses already rely on every day. With our stablecoin-backed card offering, we are bringing together the speed, flexibility and global reach of digital currencies with the familiarity and acceptance of traditional card payments. Our goal is simple: enable our customers to launch innovative card programs across markets while abstracting away the complexity of digital assets, payments infrastructure and local ecosystems,” said Vishal Pasari, Vice President of Products & Partnerships at Euronet.

“A decade ago, stablecoins were just a trader's tool to exit Bitcoin. Today, combined with global cards, they are the ideal off-ramp for digital assets,” said Ran Goldi, Chief Payments and Network Officer at Fireblocks. “Euronet's Ren and CoreCard bring the issuing and processing expertise. As they advance their stablecoin strategy, Fireblocks provides the trusted infrastructure needed to deliver trust at scale.”

Card issuing marks the first major milestone in this expanded collaboration, laying the foundation for a broader roadmap of borderless, digital-first payment solutions between the two industry leaders. Banks, fintechs and financial institutions interested in launching a stablecoin-backed card program on Ren or CoreCard can learn more by contacting Euronet at [email protected].

About Euronet

Euronet is a global payments infrastructure company and leader in payments processing and cross-border transactions, operating for more than 30 years and now serving clients in 200+ countries and territories. We support financial institutions, merchants and global brands with technology-driven solutions, while enabling businesses and consumers to send, receive and spend money seamlessly worldwide. By operating one of the world’s largest independent electronic payment networks spanning merchant acquiring, transaction processing and point-of-sale infrastructure, Euronet enables real-time, digital and cross-border movement of money at global scale. In 2025, Euronet processed more than 20 billion transactions across its network. Headquartered in Leawood, Kansas USA, Euronet operates from 74 offices worldwide. For more information, visit www.euronet.com.

About Fireblocks

Fireblocks is the world's most trusted digital asset infrastructure company, empowering global institutions to build, manage and grow their business on the blockchain. With the industry's most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, trading, accounting operations, and compliance reporting - enabling everything from institutional finance to consumer-facing digital experiences across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Thousands of organizations - including Worldpay, BNY, Galaxy, and Revolut - trust Fireblocks to secure $16 trillion in digital asset transactions across 200+ blockchains. Learn more at fireblocks.com.

, /PRNewswire/ -- Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced Stablecoin Steps Up, a new research report, at Money20/20. The report examines how marketplaces and enterprises are putting stablecoin to work, the benefits they are seeing, and the barriers to broader adoption. Among respondents, 69% use stablecoin operationally, including 41% at meaningful scale, and 82% expect it to become part of their financial infrastructure within three years.

Conducted in September 2026, the research surveyed 265 senior payments, treasury, and finance leaders at US-based marketplaces, platforms, and enterprises with $100 million or more in annual revenue. All respondents were using, piloting, evaluating, or had previous experience with stablecoin, giving the report a close look at what happens as they move from exploration to value creation.

 "Our research shows how marketplaces and enterprises are putting stablecoin to work to improve cross-border payments, manage treasury operations and build new financial experiences for their customers," said Rowland Berry, Vice President, Stablecoin, Payoneer. "As businesses expand beyond pilots, we believe their success is likely to depend on integrating stablecoin into existing systems, meeting regulatory requirements and ensuring recipients can access and use the money they receive."  

 The report looks past whether businesses have adopted stablecoin to how deeply those already using it are putting it to work, where they see value, and how they plan to expand: 

•  The gains show up in everyday operations: Among organizations using or piloting stablecoin, 50% report faster settlement, 41% cite better access to markets and currencies, and 40% cite a better experience for payment recipients.

•  Building on stablecoin is the next frontier: 33% already offer stablecoin capabilities directly to customers, and another 50% plan to within three years. 92% of respondents consider treasury and multi-currency balances a priority now or within three years, while 86% say the same about embedded customer wallets.

•  Global businesses with cross-border operations or ecosystems report broader value: Among businesses operating in 11 or more countries, 82% report proven, measurable benefits in at least three areas, compared with 60% of those operating in ten countries or fewer.

•  The most complex operations lean in hardest: Businesses describing their cross-border operations as very complex expect to expand across every use case more than the field, with the widest gap on paying suppliers and contractors (82% versus 54%).

The report features marketplace leaders' perspectives on how stablecoin could deliver value beyond payments. Renata Camera Santos, General Manager, Wallet Business, Monetization and Innovation at eBay, said, "Across the industry, the opportunity for stablecoin depends on solving a clear business problem, whether that means reducing costs or enabling payments to move faster and more globally. The technology needs to deliver practical value for businesses and their customers."

The report identifies integration, reconciliation, regulatory readiness, and clear provider accountability as key challenges in moving from pilots to everyday use. Despite these hurdles, 90% of businesses using stablecoin at meaningful scale say the benefits justify the effort.

 The full report, launching at Money20/20 USA, is available here.

About Payoneer

Payoneer 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.

 For more information, visit https://www.payoneer.com/.

Disclaimer

All information is provided for informational purposes only and should not be construed as financial, investment, legal, tax, or business advice. Payoneer does not promote or engage in the issuance, direct provision or holding of any digital currency or cryptocurrency services. Availability of all Payoneer products and services is subject to eligibility in supported markets. No part of this publication constitutes an offer, solicitation, or recommendation to engage in any transaction or business relationship in jurisdictions where Payoneer Inc. or its affiliates are not licensed to provide payment services, unless permitted by law.

SOURCE Payoneer

On its third-quarter 2026 earnings call, held on Oct. 16, 2026, Truist (TFC -0.58%) announced a strategic plan to exit non-core lending businesses and reallocate capital toward relationship banking. For long-term investors, the shift aims to improve return on capital, lower credit risk, and boost earnings quality across its Sun Belt branch network.

Three takeaways from management explain how the strategy unfolds.

1. Exiting Non-Core Consumer Lending Frees Up CapitalTruist agreed to sell $7.7 billion in LightStream unsecured loans after closing its Regional Acceptance Corp. subprime auto loan portfolio sale. Exiting stand-alone lending units will lower credit risk and free up capital for higher-return relationship banking.

Similar to our decision to sell RAC, the sale of LightStream represents an exit from a non-core loan-only business that is generating returns well below our targets. Exiting LightStream will also improve our credit risk, liquidity, and funding profiles.
-- Mike Maguire, Chief Financial Officer2. Balance Sheet Repositioning Reduces Risk and Supports ReturnsManagement is reinvesting proceeds from portfolio sales to shift securities out of low-yielding mortgage-backed securities, which are pools of residential mortgages, into potentially shorter-duration U.S. Treasuries. The bank is also paying down high-cost wholesale borrowings, which are short-term corporate funding obligations.

With respect to the balance sheet, we plan to remix our securities away from long-dated MBS into a greater mix of U.S. Treasuries, limit the use of our deposits to core strategic lending areas where we can build deep, long-standing relationships...
-- Mike Lyons, Chief Executive Officer3. Spending Discipline Creates Capacity for Growth InvestmentsManagement is reviewing every business and process to cut low-priority overhead expenses. The savings will fund branch renovations, technology upgrades, and commercial banker hires to win daily demand deposit accounts, which are low-cost checking accounts.

The goals are really twofold: to enhance the balance sheet, which Mike talked about a lot, and we're happy with the progress we made this quarter. Then really take our current expense base and create incremental capacity within it...
-- Mike Lyons, Chief Executive OfficerLooking AheadA dense branch network across Southeastern markets and full-service commercial banking provide a strong operational foundation. Long-term strategy focuses on deposit growth, expense discipline, and capital efficiency.

We have all the raw materials to become one of the country's top-performing banks, and this is our overwhelming No. 1 objective.
-- Mike Lyons, Chief Executive OfficerFuture value hinges on disciplined resource allocation to boost profitability without expanding risk. Management remains focused on meeting return on tangible common equity, a key bank profitability metric.

We remain committed to delivering on our ROTCE targets, which includes 15% in 2027 and 16%-18% over the long term.
-- Mike Lyons, Chief Executive OfficerThe Motley Fool has positions in and recommends Truist Financial. The Motley Fool has a disclosure policy.

On its third quarter of 2026 earnings call, held on Oct. 16, 2026, Cohen & Steers (CNS +0.66%) announced $1.6 billion in net inflows, marking its fifth consecutive quarter of organic growth. Capital is returning to liquid real assets as investors seek diversification away from concentrated equity markets. Three key takeaways from management highlight how the firm is positioning for long-term growth.

1. Organic Growth Is Accelerating Across Client ChannelsInstitutional and wealth management clients are committing fresh capital to real assets after sitting on the sidelines. Broad demand across mutual funds and exchange-traded funds--investment funds traded on public stock exchanges--drove the strongest net inflows for the firm in nearly five years.

We generated 1.6 billion of net inflows, representing our fifth consecutive quarter of organic growth and our strongest flow period since the fourth quarter of 21.
-- Amit Muni, Chief Financial Officer2. Institutional Investors Are Pairing Listed and Private InfrastructureAllocators are shifting from purely private infrastructure funds toward liquid listed options to gain flexibility and immediate market access. Demand for power generation and data center capacity linked to artificial intelligence is driving steady capital commitments into listed infrastructure strategies.

Listed infrastructure is increasingly becoming recognized as a dedicated strategic allocation and portfolios. While early allocators favored private infrastructure, they are realizing the benefits of allocating to both listed and private together.
-- Joseph Harvey, Chief Executive Officer3. Multistrategy Allocations Provide Protection Against InflationInvestors are adopting broad real asset packages to shield portfolios from sticky inflation and heavy stock market concentration. Combining real estate investment trusts--companies that own income-producing property--with commodities and infrastructure helps deliver income while reducing overall portfolio volatility.

Our multi-strategy portfolios are a compelling solution to diversification, offering equity like return potential, with less of the volatility of any single asset class plus meaningful inflation protection.
-- Joseph Harvey, Chief Executive OfficerLooking AheadImproving property fundamentals and rising demand for power infrastructure provide operational tailwinds even as interest rates stay elevated. The firm relies on its specialized investment focus and long-term performance track record to win subadvisory accounts and expand international distribution.

Rates matter. But valuations and fundamentals matter more. And today, we believe both are increasingly supportive of our asset classes.
-- Jon Cheigh, President and Chief Investment OfficerLeadership is watching institutional account rebalancing and global wealth market adoption, focusing on active product expansion and subadvisory wins to drive fee income. Real assets are shifting from tactical trades to permanent strategic portfolio allocations.

Taken together, these trends support our view that real assets are becoming a core allocation in portfolios, and we are well positioned to capture that demand.
-- Joseph Harvey, Chief Executive OfficerThe Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Made with fresh, never frozen beef and served hot 'n juicy with fries and a drink, it's everything fans love about Wendy's for just $7.99

, /PRNewswire/ --

WHAT: Hot off the grill news: Wendy's® is putting a square deal on the table. Starting today, customers can score a Dave's Single® combo meal, featuring a Dave's Single hamburger, small Hot & Crispy Fries, and a small soft drink for just $7.99 – proving fans don't have to choose between quality and value at Wendy's.

Wendy’s Dave’s Single® Combo Meal offer proves you don’t have to compromise on quality when it comes to value —featuring a Dave’s Single, small Hot & Crispy Fries and a small soft drink for just $7.99.

Wendy's goes the extra mile for each customer, delivering quality food at a price that feels as good as it tastes. The Dave's Single is a delicious example of that standard. Named after Wendy's founder, Dave Thomas, the iconic hamburger is made to order with a quarter pound of 100% Fresh, Never Frozen beef*, American cheese, lettuce, tomato, pickle, ketchup, mustard, mayo and onion on a toasted potato bun.

WHEN & WHERE:

Starting October 19: For a limited time only, fans can order a Dave's Single combo meal – including a Dave's Single, small Hot & Crispy Fries and your choice of a small soft drink for just $7.99 at participating U.S. Wendy's restaurants.**
Available to order: In-restaurant, through the drive-thru or via the Wendy's app and Wendy's.com.
WHY: Wendy's knows great taste, quality ingredients and exceptional value should go hand in hand. The $7.99 Dave's Single Combo shines a spotlight on one of Wendy's most iconic menu items. With roots dating back to the brand's original five menu offerings, the Dave's Single has long reflected Wendy's commitment to serving fresh, quality food without cutting corners.

Whether it's a quick drive-thru visit or dinner for the family, customers can enjoy the Wendy's quality they love at a price that delivers outstanding value.

ABOUT WENDY'S
The Wendy's Company (Nasdaq: WEN) and Wendy's franchisees employ hundreds of thousands of people across more than 7,000 restaurants worldwide. Founded in 1969, Wendy's is committed to the promise of Fresh Famous Food, Made Right, For You, delivered to customers through its craveable menu including made-to-order square hamburgers using fresh beef, and fan favorites like the Spicy Chicken Sandwich and nuggets, Baconator®, and the Frosty® dessert. Wendy's supports the Dave Thomas Foundation for Adoption®, established by its founder, which seeks to dramatically increase the number of adoptions of children waiting in North America's foster care system. Learn more about Wendy's at www.wendys.com. For details on franchising, visit www.wendys.com/franchising. Connect with Wendy's on X, Instagram and Facebook.

*Approximate weight before cooking. Fresh beef available in the contiguous U.S. and Alaska, as well as Canada, Mexico, Puerto Rico, the UK, and other select international markets.

**Limited time only. U.S. price and participation may vary. Not valid with any other offer or discount. No substitutions. Prices may be higher for delivery.

SOURCE The Wendy's Company

CBIZ (CBZ - Free Report) came out with quarterly earnings of $1.21 per share, missing the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -5.47%. A quarter ago, it was expected that this provider of outsourced business services would post earnings of $0.73 per share when it actually produced earnings of $0.91, delivering a surprise of +24.66%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

CBIZ, which belongs to the Zacks Consulting Services industry, posted revenues of $702.24 million for the quarter ended September 2026, missing the Zacks Consensus Estimate by 3.5%. This compares to year-ago revenues of $693.82 million. The company has not been able to beat consensus revenue estimates over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

CBIZ shares have added about 8.6% since the beginning of the year versus the S&P 500's gain of 11.9%.

What's Next for CBIZ?While CBIZ has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for CBIZ was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.49 on $569.39 million in revenues for the coming quarter and $4.17 on $2.84 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consulting Services is currently in the top 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Hackett Group (HCKT - Free Report) , has yet to report results for the quarter ended September 2026. The results are expected to be released on November 3.

This consulting company is expected to post quarterly earnings of $0.38 per share in its upcoming report, which represents a year-over-year change of +2.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Hackett Group's revenues are expected to be $68.75 million, down 4.7% from the year-ago quarter.

SAN DIEGO, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP reminds investors that on October 6, 2026, the plaintiffs in the class action against Sprout Social, Inc. (NASDAQ: SPT) beat defendants' motion to dismiss the complaint. Accordingly, the stay of the case was lifted and the parties are to submit a proposed schedule for the completion of fact and expert discovery.

The class action was initially filed on behalf of persons and entities that purchased or otherwise acquired Sprout Social securities between November 2, 2023 and May 2, 2024, inclusive (the "Class Period").

Why Was Sprout Social Sued?

According to the class action complaint, during the Class Period, defendants failed to disclose to investors: (1) the Company’s sales and revenue growth were not indicative of the Company’s growth as it transitioned to an enterprise sales cycle; (2) that the Company faced integration challenges with its acquisition of Tagger; (3) as a result, the Company was “self inducing sales headwinds;” and (4) as a result, the Company would revise fiscal year 2024 revenue guidance.

On May 2, 2024, Sprout Social announced the Company’s operating results for the first fiscal quarter of 2024, disclosing that the Company had missed its revenue guidance for the quarter, and revising its full year 2024 revenue guidance downward $20 million. The Company’s Chief Financial Officer Joe Del Preto stated the Company had “underestimated the magnitude of enterprise seasonality” and that the Company had also been “self-inducing sales execution headwinds.” On this news, Sprout Social’s stock price fell $19.33, or 40.1%, to close at $28.82 per share on May 3, 2024.

What Can Sprout Social Shareholders Do Now?

Investors who purchased Sprout Social shares prior to the Class Period have rights.

For additional information about the Sprout Social, Inc. matter, contact Robbins LLP by submitting an inquiry, emailing attorney Aaron Dumas, Jr., or calling (800) 350-6003.

Why Robbins LLP?

A recognized leader in shareholder rights litigation, Robbins LLP represents investors in securities fraud and shareholder derivative litigation. We have helped restore more than $2 billion in value to shareholders and secured some of the largest recoveries in shareholder derivative litigation history.

"Companies have an obligation to provide investors with complete and accurate information so that markets can function fairly and efficiently," said Brian J. Robbins, Founding Partner of Robbins LLP.

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