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Prologis tops Q2 estimates on higher rental revenues and solid leasing, reaffirms its 2026 outlook and maintains strong occupancy.

A nearly 40% slide in shares of Michael Saylor's bitcoin-hoarding company this year hasn't fazed its most fervent believers.

LAKE FOREST, Calif.--(BUSINESS WIRE)--STAAR Surgical Company (NASDAQ: STAA), the global leader in phakic IOLs with the EVO™ family of Implantable Collamer® Lenses (EVO ICL™) for vision correction, today announced strong preliminary net sales for the second quarter ended July 3, 2026. STAAR is announcing its preliminary net sales in advance of its quarterly earnings announcement, which it expects to issue on August 12, 2026.

Net sales for the second quarter of 2026 are expected to be in excess of $90 million, compared to net sales of $44.3 million for the second quarter of 2025.

The Company delivered strong second quarter net sales, led by sequential growth in China, solid growth across the broader Asia-Pacific region, and double-digit percentage growth in the Americas. In the EMEA region, net sales declined by a low single-digit percentage, reflecting ongoing turmoil in the Middle East; however, excluding the Middle East, EMEA achieved double-digit percentage growth, underscoring the strength of the Company's underlying business across that region.

Net sales in the Middle East, as well as certain parts of the EMEA and Asia-Pacific regions, continued to be adversely affected by significant geopolitical and macroeconomic headwinds, resulting in sales declines in those areas. The Company is actively monitoring these conditions and cautions that, if the current headwinds persist or worsen, then sales growth could continue to be negatively affected. Furthermore, the Company notes that a broadening of macroeconomic challenges to additional regions also could affect future results.

"We are pleased to report that we expect second quarter net sales to be in excess of $90 million, reflecting the strength of our team’s execution and the diversity of our global commercial operations," said Warren Foust, Co-CEO, President and Chief Operating Officer. "While geopolitical and macroeconomic pressures continue to present headwinds in certain markets, and while our ERP system implementation presented meaningful operational challenges during the quarter, our team again rose to the occasion and delivered strong results. We remain focused on resolving the remaining system issues in the third quarter and are confident in the continued momentum of our business."

“Our three core strategic objectives for 2026 continue to be revenue growth, profit expansion, and innovation acceleration. We look forward to providing additional perspective on progress regarding these goals when we report our full second quarter results.”

As previously disclosed, net sales during the second quarter of 2025 were negatively affected as the Company shipped minimal quantities of EVO ICLs to China while distributors worked through excess inventory. As of the end of the second quarter of 2026, distributor inventory appears to be within the Company’s targeted range to appropriately service the refractive market.

The financial information in this release is unaudited and subject to adjustment and confirmation as the Company completes its quarterly review and finalizes its financial statements to be filed with the Company’s Quarterly Report on Form 10-Q for the quarter ended July 3, 2026, and the review of the Company’s independent registered public accounting firm's consolidated financial statements for the quarterly period.

About STAAR Surgical

STAAR Surgical (NASDAQ: STAA) is the global leader in implantable phakic intraocular lenses, a vision correction solution that reduces or eliminates the need for glasses or contact lenses. Since 1982, STAAR has been dedicated solely to ophthalmic surgery, and for 30 years, STAAR has been designing, developing, manufacturing, and marketing advanced Implantable Collamer® Lenses (ICLs), using its proprietary biocompatible Collamer material. STAAR ICL’s are clinically-proven to deliver safe long-term vision correction without removing corneal tissue or the eye’s natural crystalline lens. Its EVO ICL™ product line provides visual freedom through a quick, minimally invasive procedure. STAAR has sold more than 4 million ICLs in over 85 countries. Headquartered in Lake Forest, California, the company operates research, development, manufacturing, and packaging facilities in California and Switzerland. For more information about ICL, visit www.discoverICL.com. To learn more about STAAR, visit http://www.staar.com.

We intend to use our website as a means of disclosing material non-public information about the Company and complying with Regulation FD. Such disclosures will be included on our website in the ‘Investor Relations’ sections at investors.staar.com. Accordingly, investors should monitor such portion of our website, in addition to following our press releases, SEC filings and public conference calls and webcasts. In addition, you may automatically receive email alerts and other information about the Company when you enroll your email address by visiting the Email Alerts section at investors.staar.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often contain words such as “anticipate,” “believe,” “expect,” “plan,” “estimate,” “project,” “continue,” “will,” “should,” “may,” and similar terms. All statements in this press release that are not statements of historical fact are forward-looking statements. These forward-looking statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to: our ability to grow and generate profit; our reliance on independent distributors in international markets; a slowdown or disruption to the Chinese economy; global economic and geopolitical conditions; disruptions in our supply chain; fluctuations in foreign currency exchange rates; international trade disputes (including involving tariffs) and substantial dependence on demand from Asia; changes in effective tax rate or tax laws; any loss of use of our principal manufacturing facility; competition; potential losses due to product liability claims; our exposure to environmental liability; data corruption, cyber-based attacks or network security breaches and/or noncompliance with data protection and privacy regulations; acquisitions of new technologies; climate changes; the willingness of surgeons and patients to adopt a new or improved product and procedure; extensive clinical trials and resources devoted to research and development; compliance with government regulations; the discretion of regulatory agencies to approve or reject existing, new or improved products, or to require additional actions before or after approval, or to take enforcement action; laws pertaining to healthcare fraud and abuse; changes in FDA or international regulations related to product approval; product recalls or failures; and other important factors set forth in the Company’s Annual Report on Form 10-K for the year ended January 2, 2026 under the caption “Risk Factors,” which is filed with the Securities and Exchange Commission (the “SEC”) and available in the “Investor Information” section of the Company’s website under the heading “SEC Filings,” as any such factors may be updated from time to time in the Company’s other filings with the SEC.

Forward-looking statements speak only as of the date they are made and, except as may be required under applicable law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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AI agents have learned how to work.

They just haven’t learned how to leave the office.

Right now, most of the inference demand driving the AI infrastructure boom is happening inside company walls. A bank runs agents on internal risk data. A logistics company uses agents to optimize its own supply chain. A retailer deploys agents to manage procurement inside systems it already controls.

That demand and spending are real. And the trade around chips, memory, networking, storage, and power is already playing out.

But it is still mostly contained.

And Vint Cerf just started working on the layer that could let it break out.

Why Vint Cerf’s DNSid Project Matters for AI Agents Cerf helped build the modern internet. He’s one of the architects behind TCP/IP – the foundational protocols that made the internet possible. 

After more than two decades at Google, he is now turning to his next project: identity infrastructure for AI agents operating on the open internet. 

As TechCrunch reported, Cerf is now advising Innovation Labs on something called DNSid – essentially a passport system for AI agents. The idea is to link each agent to a verified domain name and use cryptographic proof to show where it came from, who authorized it, and who is responsible for what it does.

Cerf helped solve the internet’s first coordination problem. Now he’s working on the next one.

The Trust Problem Holding Back the Agentic Web The agent economy is still mostly trapped inside company walls.

Take a retailer’s procurement agent, for example. It operates inside the retailer’s own systems – searching its own inventory databases, working within its own supplier relationships, accountable to its own IT team. 

Most enterprise AI agents in production today work this way, contained within a single organization’s limits. And that’s why the current infrastructure demand, as large as it already is, may represent only a fraction of what’s coming.

The biggest use cases – and the ones that would generate the most compute demand – involve agents crossing organizational boundaries. 

A procurement agent that negotiates directly with a supplier’s agent.  A financial agent that transacts in real time with a bank’s agent.  A logistics agent that coordinates across a dozen different carriers’ systems simultaneously.  A healthcare agent that pulls verified records from multiple hospital networks to inform a treatment decision.  All require agents to operate across the open internet – interacting with unfamiliar systems, on behalf of humans who are not watching every step. 

But that world has a trust problem. 

When an agent shows up somewhere on the internet today, there’s no reliable way to verify who sent it, what it’s authorized to do, or who’s accountable if something goes wrong. Without a solution, the highest-value agentic use cases simply can’t safely deploy at scale.

That is the missing layer.

What Happens When AI Agents Can Work Across the Open Internet Before shared internet protocols, computer networks were islands. Each organization ran its own system. Those systems had value, but they could not easily talk to one another. 

Once a shared standard let those networks communicate, the internet became a global market. Every person and institution suddenly needed to connect. The demand for routers, cables, servers, and all the physical infrastructure underneath became essentially limitless.

The agentic web is approaching a similar moment. Today’s enterprise agent deployments look a lot like those isolated networks of the 1980s: valuable, growing, but fundamentally contained. Once a shared identity standard lets agents operate across organizational boundaries, with accountability built in, the addressable market for agentic infrastructure will likely expand dramatically.

Every cross-enterprise workflow becomes a potential agent-to-agent interaction. Every government service, financial transaction, and logistics chain becomes a candidate for agentic automation – each requiring inference compute, memory, networking, and storage that currently sits outside the demand projections most investors are working from.

The infrastructure thesis doesn’t change. The size of it does.

The Investment Implication: The Inference Market Gets Bigger The physical infrastructure stack – accelerators, high-bandwidth memory, optical networking, power, cooling, storage – remains the core of the trade. That demand keeps growing, and the companies supplying it are reporting it in earnings quarter after quarter.

Cerf’s work adds a new layer. If agents get a trusted way to identify themselves online, the demand story moves beyond internal enterprise workflows and onto the open internet. That would create a larger market than most investors are modeling. 

Cloudflare (NET) may be the cleanest public-market way to play that identity-and-routing layer. It already sits in the flow of internet traffic, security, authentication, and developer infrastructure. And its tools are increasingly being built for a world where agents need to discover services, prove who they are, and transact across the web. If the agentic web moves beyond the enterprise firewall, Cloudflare could become one of the trust-and-routing layers underneath it.

Beyond that, the broader infrastructure names supplying the physical substrate that every agent workload runs on are the same names that benefit directly when the agentic economy expands. More agents operating across more boundaries means more inference calls, more memory consumption, more networking traffic, more power draw.

The market understands enterprise agents.

It has not fully priced internet agents – or their much larger workload. 

The Bottom Line: AI Agent Identity Could Unlock the Agentic Web Agents are already working inside companies.

The bigger opportunity begins when they can work between companies.

That requires identity and trust – a way to know who sent the agent, what it is allowed to do, and who is responsible if something breaks.

Vint Cerf is working on that layer now.

If it works, the inference supercycle expands onto the open internet.

The physical infrastructure that powers that market is already being built. The companies supplying it are already reporting the demand. And the names best positioned for the next leg of this expansion – the ones the market hasn’t fully found yet – are exactly what we’ve been tracking.

That’s the trade. And it just got bigger.

Cintas Corporation (NASDAQ:CTAS) was upgraded to ‘Buy’ from Neutral by Bank of America, which also raised its price objective to $230 from $200 after the company's better-than-expected fourth-quarter fiscal 2026 results and fiscal 2027 guidance came in above Wall Street expectations.

The analysts wrote that they are "incrementally more constructive on the setup for earnings over the next several quarters" as Cintas benefits from improving labor market conditions in key industries, continued growth in adjacent product categories, and margin expansion driven by supply chain and distribution initiatives.

Bank of America expects Cintas to deliver another year of high-single-digit revenue growth alongside stronger margins. The firm highlighted technology investments, including SmartTruck, automated sorting, garment sharing and robotics, noting these initiatives have contributed more than 400 basis points of margin expansion over the past five years.

The analysts also pointed to improving employment trends in Cintas' core customer markets, which they believe should support customer additions and stronger revenue growth.

They added that the company's First Aid and Fire Safety businesses continue to benefit from cross-selling opportunities through its recurring route-based model.

Bank of America also identified Cintas' proposed acquisition of UniFirst as a potential catalyst. While the transaction remains under a second request from the US Federal Trade Commission, the analysts wrote they remain constructive on the deal's strategic rationale and believe the estimated $375 million in synergies "could be conservative."

The firm raised its valuation multiple to 39 times earnings from 37 times, reflecting greater confidence in potential earnings upside. While this represents a premium to business services peers, Bank of America wrote the valuation is supported by Cintas' consistent high-single-digit growth profile, cross-selling momentum and technology-driven productivity improvements.

Shares of Cintas traded higher on the upgrade, up 7% at $206.

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 88.75 cents a share on its common stock, payable September 15, 2026 to stockholders of record as of August 19, 2026.

Consolidated Edison, Inc. is a holding company that provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric service in New York City and New York's Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan; Orange and Rockland Utilities, Inc. (O&R), a regulated utility serving customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey; and Con Edison Transmission, Inc., a regulated company primarily under the oversight of the Federal Energy Regulatory Commission, that develops and invests in electric transmission projects and owns interests in both electric and gas assets.

SOURCE Consolidated Edison, Inc.

Also from this source

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital,” “Rithm” or the “Company”) announced today that it will release its second quarter 2026 financial results for the period ended June 30, 2026 on Tuesday, July 28, 2026 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on that same day at 8:00 a.m. Eastern Time. A copy of the earnings release will be posted to the Investors – Events & Presentations section of the C.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ZOETIS INC. (ZTS), CLICK HERE BEFORE JULY 27, 2026 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Zoetis Inc. ("Zoetis" or the "Company") (NYSE:ZTS) have opportunity to lead the securities fraud class action lawsuit.

What Is The Lawsuit About? 
The complaint filed alleges that, between January 14, 2025 and May 6, 2026, Defendants failed to disclose to investors that: (1) veterinarian prescription growth and adoption of Zoetis' Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; (2) Zoetis' Simparica Trio was losing significant market share to a lower priced competing canine parasiticide with broader indicated use in a slowing overall market; and (3) Zoetis' dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz,
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz,
Telephone: 310-914-5007
Email: [email protected]
Visit our website at: www.frankcruzlaw.com

SOURCE The Law Offices of Frank R. Cruz, Los Angeles

ZIM Integrated Shipping remains a compelling buy despite market fears over the Hapag-Lloyd acquisition being blocked. ZIM's strong financials—$2.6B cash, no traditional debt, and below-market charter rates—support resilience and future shareholder returns. Even without a deal, ZIM is positioned for substantial 2026 profits and potential $3.5/share dividends, with new suitors likely if the current offer fails.

Rocket Lab’s stock price plunged more than 12% on July 16, hitting its lowest level since April 13. The decline has pushed the shares down 55% from their peak this year, wiping out nearly half of the company’s market value as its valuation fell from $86 billion to around $40 billion. 

Despite the sharp sell-off, most analysts covering the company remain bullish, with many expecting the stock to recover as growth catalysts emerge.

RKLB stock has plunged in the past few weeks, mirroring the performance of most companies in the space industry. SpaceX, the biggest firm in the world, dropped to its IPO price this week, wiping out over $1 trillion in value.

Planet Labs has plunged to $22, down from the year-to-date high of $51, while Virgin Galactic has dived from $9 in June to $2.60 today. The popular Procure Space ETF (UFO) dived to $43 from the year-to-date high of $68.

These losses are happening as investors book profits following the strong gains they experienced before SpaceX went public. At its peak this year, UFO ETF was up by 360% from its lowest level in 2024. 

Therefore, investors are simply selling the SpaceX IPO news, which has been made worse by its performance.

Still, despite this retreat, analysts are bullish on the company, pointing to its strong performance and its growing market share in the space industry. Morgan Stanley reiterated its overweight rating, while Citigroup reiterated its outperform position. 

Bank of America, on the other hand, boosted the target from $105 to $110, while Citizens and Roth have a target of $130. All these targets are significantly higher than where it is today.

READ MORE: Rocket Lab stock jumps as KeyBanc upgrade revives space sector

RKLB stock has some potential catalysts in the coming months. First, its revenue growth continues this year. It made $200.3 million last quarter, up by 63% from the same period last year. Its backlog jumped by 20% to $2.2 billion, with its Electron, HASTE, and Neutron orders continuing to grow. It achieved five dedicated Neutron flights during the quarter.

The company also recently announced that it would spend $8 billion acquiring Iridium. It hopes that it will make it a vertically integrated company, with Rocket Lab designing satellites, manufacturing spacecraft components, and launching rockets. 

Iridium, on the other hand, owns a global satellite communications network. As such, it hopes that this model will help it compete further with SpaceX’s Starlink project. Additionally, Iridium will bring recurring and high-margin revenue and its globally coordinated L-band spectrum. 

Analysts suspect that the company’s business to continue growing this year. The average estimate is that its revenue will jump by 52% to $919 million, with the figure reaching $1.28 billion next year.

Rocket Lab stock chart | Source: TradingView

The weekly chart shows that the RKLB stock has plunged in the past few weeks, moving from a record high of $151 to the current $67. It has just crashed below the 50% Fibonacci Retracement level, and is slowly approaching the 61.8% retracement point, where rebounds normally happens.

The stock has just dropped below 50-week moving average, while the Relative Strength Index has moved below the neutral level of 50. Therefore, the stock will likely drop further, potentially to $60 or $50, and then bounce back, potentially when it releases its financial results.

Strategic acquisition adds high-margin cable management products and extends ARRAY’s reach across utility-scale solar, distributed generation, BESS, and datacenter applications July 16, 2026 16:30 ET  | Source: Array Technologies, Inc.

Adds a highly complementary, accretive balance-of-system product portfolio spanning solar wire management, cable protection solutions, and battery energy storage solutions (BESS)Creates new growth opportunities in fast-growing adjacencies including BESS and datacenter infrastructureTotal Consideration of approximately $203 million represents an attractive multiple of 8.8x AWM's trailing twelve-month EBITDAExpected to be high single digit accretive to ARRAY's Adjusted EPS in year one before synergiesClosing expected in the third quarter of 2026, subject to regulatory clearance and customary closing conditions ALBUQUERQUE, N.M., July 16, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced it has entered into a definitive agreement to acquire Affordable Wire Management, LLC ("AWM"), a leading provider of wire management, cable protection, and balance-of-system solutions for utility-scale solar and energy storage projects. The acquisition further expands ARRAY’s portfolio of solutions for utility-scale solar customers while creating new growth opportunities in battery energy storage and datacenter markets.

AWM’s products organize, secure, and protect electrical wiring to improve system reliability, safety, installation efficiency, and long-term performance. The company has developed proprietary designs that offer greater durability, enhanced thermal management, and lower resistive losses than conventional solutions. With nearly $60 million trailing twelve months revenue, AWM has built a track record of profitable growth, based on a capital-light operating model and a culture of innovation. The acquisition of AWM is expected to be high single digit accretive to ARRAY’s Adjusted EPS in year one before synergies.

"The acquisition of AWM will further broaden our balance-of-system portfolio and deepen our relevance to our customers as well as create new growth vectors for us in the BESS and datacenter markets," said Kevin G. Hostetler, Chief Executive Officer of ARRAY. “AWM brings a proven, innovative product line and a strong reputation for quality and customer service. Together, we will be able to offer a more complete, integrated solution to our customers across the solar, battery storage, and datacenter markets."

"Becoming part of ARRAY is a tremendous opportunity for our team and our customers," said Scott Rand, Chief Executive Officer and Co-Founder of AWM. "ARRAY’s scale, customer relationships, and global reach will make this the ideal home for our team and our products. We share a culture of innovation and a relentless focus on the customer, and that alignment will unlock real value for customers across solar, storage, and beyond.”

“Differentiating through engineering has always been at the core of how we design our products,” said Dan Smith, Chief Technology Officer and Co-Founder of AWM. “By bringing our wire management and balance-of-system products together with ARRAY’s tracking, fixed-tilt, and foundation platform, we can deliver various integrated solutions engineered to work together – simplifying design, improving installation, and reducing costs for our customers."

Following the closing of the acquisition, AWM’s financial results will be included in the ARRAY Legacy segment. AWM's senior management team is expected to remain with the business following the closing.

Transaction Terms

The total consideration of AWM is $203 million, together representing a multiple of approximately 8.8x AWM’s trailing twelve-month EBITDA. The total consideration consists of a base purchase price of AWM of $153 million and total additional consideration of up to $50 million. The final amount of upfront cash consideration will be determined at closing subject to customary purchase price adjustments. The additional consideration of up to $50 million is comprised of $10 million payable in two equal installments on the first and second anniversary of the closing, each conditioned on the continued employment of the sellers and a performance based earnout of up to $40 million payable in three installments of up to $8 million based on 2026 performance and up to $16 million for each 2027 and 2028 performance years based on AWM’s achievement of certain EBITDA targets during the applicable period. Both components of the earnout may be paid in cash or ARRAY common stock at ARRAY’s option.

Transaction Approvals and Closing Conditions

The transaction is expected to close in the third quarter of 2026, subject to receiving any required regulatory approvals and the satisfaction of other customary closing conditions. Jefferies LLC acted as exclusive financial advisor and Jones Day acted as legal advisor to ARRAY. Edelman Smithfield acted as strategic communications advisor to ARRAY. First Liberties Financial acted as exclusive financial advisor and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. acted as legal advisor to AWM.

Additional information regarding the transaction will be included in a Current Report on Form 8-K to be filed by ARRAY with the U.S. Securities and Exchange Commission (the "SEC").

Transaction Conference Call

ARRAY will conduct a conference call today at 6:00 p.m. EDT to discuss the transaction. A live webcast will be available on the investor relations section of ARRAY's website at ir.arraytechinc.com. A replay will be available following the conclusion of the event.

Additional Resources

Associated presentation materials regarding the transaction are available on the investor relations section of ARRAY’s website.

About Affordable Wire Management, LLC

Affordable Wire Management, LLC is a provider of wire management, cable protection, and balance-of-system solutions for the solar and energy storage industries, serving utility-scale and distributed generation customers across North America and select international markets.

About ARRAY Technologies, Inc.

ARRAY Technologies (NASDAQ: ARRY) is a leading global provider of solar tracking technology and fixed-tilt systems to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest weather conditions, ARRAY’s high-quality solar trackers, fixed-tilt systems, software platforms, foundation solutions, and field services combine to optimize energy production and deliver value to our customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology - relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world. For more news and information on ARRAY, please visit arraytechinc.com.

Investor Relations Contact:

Investor Relations
505-437-0010
[email protected]

Media Contact:

Steven Kirsch

505-738-6923
[email protected]

Forward-Looking Statements

This press release contains forward-looking statements that are based on our management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include statements that are not historical facts and can be identified by terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "seek," "should," "will," "would," or similar expressions and the negatives of those terms. These include statements regarding the proposed acquisition of AWM, including the anticipated benefits and synergies, the anticipated impact on the Company's business and future financial and operating results, the expected timing and closing of the transaction, including the expected closing date of the transaction and the timing of expected synergies and returns from the transaction, the expectation that AWM’s senior management will remain with the business following the closing of the transaction, and the Company's future financial position, business strategy, revenues, earnings, free cash flow, costs, capital expenditures and debt levels of the combined company and plans and objectives of management for future operations. Our actual results and the timing of events could materially differ from those anticipated in such forward-looking statements as a result of risks and uncertainties, including without limitation: the ability to complete the transaction on anticipated terms and timetable; the Company's ability to integrate AWM's operations successfully and in the expected time period; the Company’s ability to achieve the strategic and other objectives relating to the transaction; the possibility that closing conditions may not be satisfied or waived; risks relating to any unforeseen liabilities of AWM; changes in growth or the rate of growth in demand for solar energy projects; factors outside of our control affecting the variability and demand for solar energy, including but not limited to, the retail price of electricity, availability of in-demand components like high-voltage breakers, various policies related to the permitting and interconnection costs of solar plants, and the availability of incentives for solar energy and solar energy production systems, which makes it difficult to predict our future prospects; competitive pressures within our industry, competition from conventional and renewable energy sources; a loss of one or more of our significant customers, their inability to perform under their contracts, or their default in payment; a drop in the price of electricity derived from the utility grid or from alternative energy sources; fluctuations in our results of operations across fiscal periods, which could make our future performance difficult to predict and could cause our results of operations for a particular period to fall below expectations; any increase in interest rates, or a reduction in the availability of tax equity or project debt capital in the global financial markets, which could make it difficult for customers to finance the cost of a solar energy system and reduce the demand for our products; existing electric utility industry policies and regulations, and any subsequent changes or new related policies and regulations, including as a result of the One Big Beautiful Bill Act, which may present technical, regulatory and economic barriers to the purchase and use of solar energy systems and may significantly reduce demand for our products or harm our ability to compete; the interruption of the flow of materials from international vendors, which could disrupt our supply chain, including as a result of the imposition of new and/or additional duties, tariffs and other charges or restrictions on imports and exports; changes in the global trade environment, including the continuation or imposition of import tariffs or other import restrictions; geopolitical, macroeconomic and other market conditions unrelated to our operating performance including but not limited to a pandemic, the Ukraine-Russia war, attacks on shipping in the Red Sea and Straight of Hormoz, conflict in the Middle East, changing trade policies, and inflation and interest rates; our ability to convert our orders in backlog into revenue; the reduction, elimination or expiration, or our failure to optimize the benefits of government incentives for, or regulations mandating the use of, renewable energy and solar energy, particularly in relation to our competitors, which could reduce demand for solar energy systems; failure to, or incurrence of significant costs in order to, obtain, maintain, protect, defend or enforce, our intellectual property and other proprietary rights; delays in construction projects and any failure to manage our inventory; significant changes in the cost of raw materials; disruptions to transportation and logistics, including increases in shipping costs; defects or performance problems in our products, which could result in loss of customers, reputational damage and decreased revenue; delays, disruptions or quality control problems in our product development operations; our ability to retain our key personnel or failure to attract additional qualified personnel; additional business, financial, regulatory and competitive risks due to our continued planned expansion into new markets; cybersecurity or other data incidents, including unauthorized disclosure of personal or sensitive data or theft of confidential information and the use of artificial intelligence by cyber threat actors; a failure to maintain an effective system of integrated internal controls over financial reporting, which may impair our ability to report our financial results accurately; our substantial indebtedness, risks related to actual or threatened public health epidemics, pandemics, outbreaks or crises; changes to laws and regulations, including changes to tax laws and regulations, that are applied adversely to us or our customers; our ability to successfully integrate APA Solar, LLC into our existing operations and realize the anticipated benefits or synergies of the acquisition; and other factors listed and described in more detail in the section captioned “Risk Factors” in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, and our other documents on file with the U.S. Securities and Exchange Commission, each of which can be found on our website, www.arraytechinc.com.

Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date of this presentation. You should read this press release with the understanding that our actual future results may be materially different from what we expect. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Non-GAAP Financial Information

This press release references certain financial measures that are not presented in accordance with U.S. generally accepted accounting principles (“GAAP”), including AWM's trailing twelve-month EBITDA. "AWM's trailing twelve-month EBITDA" means net income plus interest expense, income tax expense (benefit), depreciation, and amortization during the twelve-month period ended May 31, 2026. This presentation also refers to ARRAY's Adjusted EPS. We define Adjusted net (loss) income as net (loss) income to common stockholders plus (i) amortization of intangibles, (ii) amortization of developed technology and backlog, (iii) amortization of debt discount and issuance costs, (iv) Series A preferred stock accretion, (v) equity-based compensation, (vi) change in fair value of contingent consideration, (vii) certain legal expenses, (viii) acquisition-related expenses, and (ix) income tax expense adjustments. We define Adjusted net (loss) income per common share as Adjusted net (loss) income divided by the basic and diluted weighted average number of shares outstanding for the applicable period.

Northrop Grumman trades around 16 to 17 times earnings against a 5-year average near 19. CCL stock trades near 17 to 18 times forward earnings against a 5-year average close to 19, so you are paying near fair value, not grabbing a deep discount. Northrop is a beaten-down leader. The price fell hard, the multiple compressed below its history, and the payoff depends on management delivering on the B-21. More reward if they do, more risk if they stumble.

MIAMI, July 16, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it has scheduled a conference call to discuss its 2026 second quarter results on Wednesday, July 29, 2026 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.

The conference call will be webcast by CCBN's StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on July 29, 2026. A replay of the conference call will be available on our website.

Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed at any time up to the call start time.

To pre-register, go to: https://dpregister.com/sreg/10210662/1047dd5bd98

Participants that would like to join, but have not pre-registered, can do so by dialing (844) 883-3908 within the United States or (412) 317-9254 internationally and asking for the “Watsco” call. Please call five to ten minutes prior to the scheduled start time as the number of telephone connections is limited.

Watsco is the largest distributor in the highly fragmented North American HVAC/R market. Watsco’s solid financial position and culture of innovation has enabled investments in long-term growth, including the Company’s industry-leading technology platforms. Today, approximately 74,000 contractors, installers and technicians engage digitally with the Company, resulting in improved growth and lower attrition. The Company is now advancing AI-driven initiatives to leverage its extensive data assets to enhance the customer experience and improve efficiencies. These investments position Watsco to capture market share as contractors increasingly adopt digital tools and incorporate data-driven solutions in their businesses.

Barry S. Logan
Executive Vice President
(305) 714-4102
e-mail: [email protected] 
www.watsco.com

Barron's estimates that Berkshire bought back anywhere from $5 billion to $11 billion of stock in the second quarter.

Key Takeaways Snap-on is expected to post second-quarter revenue growth of 3.6% and EPS growth of 3.8%.SNA is benefiting from resilient automotive repair demand and strength in critical industries.SNA's franchise expansion, innovation and efficiency initiatives are likely aiding performance. Snap-on Incorporated (SNA - Free Report) is likely to witness top and bottom-line growth when it reports second-quarter 2026 earnings on July 23, before the opening bell. The Zacks Consensus Estimate for revenues is $1.2 billion, which indicates a rise of 3.6% from the year-ago quarter’s level.

The consensus estimate for quarterly earnings has been stable over the past 30 days at $4.90 per share and shows growth of 3.8% from the year-earlier quarter’s tally.

The company has a trailing four-quarter earnings surprise of 1.7%, on average. It delivered an earnings surprise of 0.2% in the last reported quarter.

Key Factors Likely to Influence SNA’s Q2 ResultsSnap-on’s quarterly performance is expected to have benefited from solid demand across its core automotive repair markets, driven by the aging global vehicle fleet and increasing vehicle complexity. Healthy technician activity levels and strong repair shop utilization are likely to have supported sales growth in the Tools and Repair Systems & Information (RS&I) segments. Improved activity with customers in critical industries and the specialty torque business is expected to have aided the Commercial & Industrial (C&I) segment's performance.

SNA's robust business model enhances value creation across safety, service quality, customer satisfaction and innovation. The company’s strategic growth agenda includes expanding its franchise network, deepening relationships with repair shop owners and increasing its presence in emerging markets. Its focus on Rapid Continuous Improvement, a process aimed at boosting efficiency, controlling costs and enhancing organizational performance, is encouraging. SNA’s innovation pipeline remains strong, with ongoing investments in product development and global brand expansion.

Snap-on has been expanding its reach into critical industries including aviation, natural resources and infrastructure, where demand for precision, reliability and customized solutions is high. Growth in such areas is being supported by tailored product offerings, specialty torque solutions and deeper customer engagement. By combining customer connection, innovation, technology investments and disciplined operational execution, Snap-on continues to advance along its runways for coherent growth, supported by resilient end markets and strategic investments, positioning it for sustained sales expansion, margin resilience and value creation. All such aforesaid factors are likely to bolster the quarterly results. Our model predicts net sales rise of 3.5%, 3% and 3% for C&I, Tools and RS&I segments, respectively, for the second quarter.

Despite such strengths, Snap-on faces several external challenges. Macroeconomic headwinds, geographic pressures in critical industries and geopolitical disruptions are likely to have weighed on the company’s performance. It battles persistent cost inflation from rising raw material and operational expenses, which poses a risk to profitability.

What the Zacks Model Predicts for SNAOur proven model doesn’t conclusively predict an earnings beat for Snap-on this time around. 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. But that’s not the case here. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Snap-on has an Earnings ESP of 0.00% and a Zacks Rank of 3.

Valuation Picture of SNA StockSnap-on has a forward 12-month price-to-earnings ratio of 19.86x compared with its five-year high of 20.38x and the Tools - Handheld industry’s average of 19.65x.

The recent market movements show that SNA’s shares have gained 6.2% in the past three months compared with the industry's 5.3% growth.

Stocks Poised to Beat Earnings EstimatesHere are some companies, which according to our model, have the right combination of elements to post an earnings beat:

SharkNinja, Inc. (SN - Free Report) currently has an Earnings ESP of +1.29% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.

SN is likely to register bottom and top-line growth when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $1.6 billion, indicating a 13.5% increase from the figure reported in the year-ago quarter.

The consensus estimate for SN’s second-quarter earnings is pegged at $1.09 per share, implying 12.4% growth from the year-ago quarter’s actual. The consensus mark has dipped a penny in the past 30 days.

MGM Resorts International (MGM - Free Report) currently has an Earnings ESP of +0.08% and a Zacks Rank of 3. MGM is likely to register a top-line increase when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $4.5 billion, indicating a 1.5% rise from the figure reported in the year-ago quarter.

The consensus estimate for MGM Resorts’ second-quarter earnings is pegged at 60 cents a share, implying a 24.1% decrease from the year-earlier quarter. The consensus mark has been stable in the past 30 days.

Hasbro, Inc. (HAS - Free Report) currently has an Earnings ESP of +2.46% and a Zacks Rank of 3. HAS is likely to register top-line growth when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $1.1 billion, indicating 6.7% growth from the figure reported in the year-ago quarter.

The consensus estimate for HAS’ second-quarter earnings is pegged at $1.15 a share, implying an 11.5% decrease from the year-earlier quarter. The consensus mark has increased 1.8% in the past seven days.

, /PRNewswire/ -- Glancy Prongay Wolke & Rotter LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG).

IF YOU SUFFERED A LOSS ON YOUR HUB GROUP INVESTMENTS, CLICK HERE BEFORE AUGUST 28, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT

What Is The Lawsuit About? 
The complaint filed alleges that, between April 28, 2023 and May 11, 2026, Defendants failed to disclose to investors that: (1) the Company's financial statements prepared for the periods from Q1 2023 to Q4 2024 contained material misstatements caused by the premature and incorrect recognition of certain transactions; (2) the Company's financial statements prepared for the periods from Q1 2025 to Q3 2025 contained material misstatements caused by the understatement of purchased transportation costs and accounts payable; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More: 
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email:  [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com. 
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.  

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us: 
Glancy Prongay Wolke & Rotter LLP,  
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067 
Charles Linehan
Email:  [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

SOURCE Glancy Prongay Wolke & Rotter LLP

, /PRNewswire/ -- Glancy Prongay Wolke & Rotter LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Insulet Corporation ("Insulet" or the "Company") (NASDAQ:PODD).

IF YOU SUFFERED A LOSS ON YOUR INSULET INVESTMENTS, CLICK HERE BEFORE AUGUST 31, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT

What Is The Lawsuit About? 
The complaint filed alleges that, between February 21, 2025 and May 26, 2026, Defendants failed to disclose to investors that: (1) Insulet's manufacturing controls and procedures were defective; (2) the foregoing created a foreseeable heightened risk that one or more Insulet products would be found to be in violation of applicable safety regulations and/or pose a risk of injury; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email:  [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.  

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay Wolke & Rotter LLP, 
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email:  [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

SOURCE Glancy Prongay Wolke & Rotter LLP

Key Takeaways Vicor targets AI data centers with compact, efficient power systems for dense processors and accelerators.Advanced Products revenue rose 3.7% sequentially, while first-quarter backlog reached $300.6 million.Vicor sees Fab 1 supporting at least a $1.5 billion annual revenue run rate as capacity expands. Vicor (VICR - Free Report) sits in a part of the AI build-out that is becoming harder to ignore. Faster processors matter, but dense computing also raises the importance of power conversion, current density and heat management.

That puts Vicor’s architecture story close to the hardware bottlenecks shaping data centers. The company is not just selling components; it is trying to make power delivery a strategic part of AI system design.

Why AI Chips Need More From VicorHigher processor power density makes power delivery a more critical design constraint. Vicor’s Advanced Products are concentrated in data-center and hyperscaler applications, where AI accelerators, graphics processing units and custom application-specific integrated circuits need compact, efficient power systems.

The company’s Factorized Power Architecture, Vertical Power Delivery and Modular Current Multiplier technologies are positioned around higher efficiency, greater power density and lower thermal losses than conventional power solutions.

VICR’s Mix Shows the Trend in ActionVicor’s mix already reflects this demand shift. Advanced Products, including royalty revenues, rose from 55.3% of total revenues in 2023 to 61% in 2025 and represented 57.5% of revenues in the first quarter of 2026.
 

First-quarter results showed the same direction. Advanced Products revenues increased 3.7% sequentially to $64.9 million, while royalty revenues rose 39.1% year over year to $14.97 million. Management also cited strong bookings across high-performance computing, industrial and aerospace and defense markets, with book-to-bill above 2.0.

Vicor’s one-year backlog reached $300.6 million in the first quarter of 2026, up 70% sequentially, and management described near-term capacity as essentially sold out.

Vicor is responding at its first chip fabrication facility. It now believes Fab 1 can support an annual revenue run rate of at least $1.5 billion, up from the prior target of roughly $1 billion, helped by cycle-time reductions, debottlenecking and moving selected process steps to a nearby Vicor-controlled site.

Vicor’s Licensing Trend Could Matter MoreLicensing is becoming more than a secondary revenue stream. Royalty revenues were about $15 million in the first quarter of 2026, and 2026 revenue guidance of nearly $570 million assumes royalty revenues rise only somewhat under existing agreements.

That creates business-model leverage if more agreements are signed. At the same time, earnings quality can be more sensitive to legal costs and enforcement timing, since operating expenses increased 4% sequentially to $45.5 million in the first quarter, partly due to higher legal spending tied to intellectual-property enforcement.

What This Means for VICR InvestorsFor investors, VICR offers exposure to a specific AI infrastructure constraint rather than broad semiconductor demand alone. The company’s 2026 outlook calls for nearly $570 million in revenues, supported by AI-driven demand and capacity expansion efforts.

VICR shares have jumped a whopping 137.8% year to date (YTD), outperforming the Zacks Computer & Technology sector’s return of 15.8%. The company has outperformed competitors, including Monolithic Power (MPWR - Free Report) , Analog Devices (ADI - Free Report) and Texas Instruments (TXN - Free Report) over the same timeframe. Shares of Monolithic Power, Analog Devices and Texas Instruments have appreciated 49.2%, 44.1% and 73.6%, respectively, YTD.

The risk is execution. The second three-dimensional interconnect line is expected to be installed between the third quarter and the fourth quarter of 2026, but it is not expected to contribute meaningfully until late 2026 and beyond. That leaves shipments, customer ramps and royalties as key variables.

ConclusionThe bottom line is that Vicor’s story fits an AI supply chain where power architecture is becoming more strategic. Demand and backlog support the operating case, but valuation leaves less room for disappointment after a large rerating.

VICR currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

NEW YORK, July 16, 2026 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating The Ensign Group (NASDAQ: ENSG) (“Ensign” or the “Company”) for potential violations of the federal securities laws.

On June 8, 2026, Hunterbrook published a detailed short-seller report alleging that the company engaged in systemic quality-measure gaming, falsified care-quality data, and improper related-party billing across its skilled nursing operations. Following this news, the price of Ensign stock fell significantly, causing millions of dollars in shareholder losses.

Then, on June 11, 2026, Muddy Waters Research published a short report on Ensign Group, alleging possible Medicare and Medicaid fraud via a scheme to rent licenses of administrators of skilled nursing facilities who are not actually managing the facilities, potentially in violation of the False Claims Act. This news caused the price of Ensign stock to drop even further.

“Our investigation concerns whether the company and its executives provided investors with accurate and complete information about the company,” said Andrea Farah, Lowey Dannenberg, P.C., Partner and Head of the firm’s securities practice.

If you suffered a loss in Ensign securities and wish to participate, check your eligibility through Lowey’s case management platform, https://claimmagic.com/cases/the-ensign-group. Alternatively, you can contact our attorneys Andrea Farah ([email protected]) at (914)733-7256 or Vincent R. Cappucci Jr. ([email protected]) at (914)733-7278.

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

Attorney Advertising

Contact

Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Email:  [email protected]

July 16, 2026 16:05 ET  | Source: Appian Corporation

MCLEAN, Va., July 16, 2026 (GLOBE NEWSWIRE) -- Appian (NASDAQ: APPN) today announced that it will release financial results for the second quarter ended June 30, 2026, before the U.S. financial markets open on Thursday, August 6, 2026. The company will host a conference call and live webcast to review its financial results and business outlook.

Conference Call Details

The conference call will begin at 8:30 a.m. Eastern Time. To access the call, please use this Registration Link. Once registered, participants can join the call, using their phone with a dial in and PIN. The conference call will also be available live via webcast on the Investor Relations page of the Company’s website at http://investors.appian.com.

A webcast replay of the conference call can be accessed at http://investors.appian.com after the conclusion of the live conference call.

About Appian

Appian provides AI automation for mission-critical work. We automate complex processes in large enterprises and governments. Our platform is known for its unique reliability and scale. We've been automating processes for more than 25 years and understand enterprise operations like no one else. For more information, visit appian.com. [Nasdaq: APPN]

Follow Appian: LinkedIn, X (Twitter)

Investor Contact
[email protected]

Media Contact
Suzanne Bouhia
Vice President, Strategic Messaging and Communications
[email protected]

The Zacks REIT and Equity Trust - Retail industry is positioned for growth as demand for necessity-based shopping strengthens. Properties anchored by grocers, discount retailers, healthcare providers and other essential tenants benefit from steady traffic and leasing activity. Constrained new development supports occupancy, rental growth and asset values.

Physical stores remain vital as shopping venues, pickup and return locations, and fulfillment centers, increasing the appeal of well-located retail space. Phillips Edison & Company, Inc. (PECO - Free Report) , Tanger Inc. (SKT - Free Report) and American Assets Trust, Inc. (AAT - Free Report) could benefit from these trends. However, economic and geopolitical uncertainty may weigh on discretionary spending and leasing demand.

Industry Description The Zacks REIT and Equity Trust - Retail industry comprises REITs that own, develop, manage and lease various retail properties, including regional malls, outlet centers, grocery-anchored shopping venues and power centers with big-box retailers. Net lease REITs focus on freestanding properties, where tenants bear rent and most operating expenses. Retail REIT performance is significantly impacted by economic conditions, employment levels and consumer spending trends. Key drivers of demand include the geographic location of properties and the demographics of surrounding trade areas. While the industry faced significant challenges from declining foot traffic, store closures and retailer bankruptcies in the past, it is now experiencing a rebound, driven by renewed consumer interest in in-store shopping, signaling a positive shift in the retail landscape.

What's Shaping the Future of the REIT and Equity Trust - Retail Industry? Need-Based and Value Retail Will Lead Growth: Retail REITs are likely to benefit most from tenants that serve household needs. Grocery stores, discount chains, health and wellness businesses and other value-focused retailers attract customers because they offer useful products at practical prices. These businesses generate repeat visits, which helps shopping centers maintain traffic and supports nearby tenants. As retailers become careful about where they open new stores, landlords with the right tenant mix should remain in a stronger position. Properties anchored by essential and value-oriented businesses can offer stable leasing demand and are better protected when consumer confidence weakens. This trend gives landlords a chance to fill available space with tenants that match changing shopping habits. Retail REITs that focus on convenience, affordability, and everyday services should therefore be better placed to grow and maintain occupancy.

Limited New Supply Will Support Existing Properties: The limited amount of new retail construction is another positive force shaping the industry. With fewer projects entering the market, existing shopping centers face less competition for tenants. Retailers looking to expand have a limited choice of locations, which is helping landlords protect occupancy and maintain rental growth. This supply advantage is useful because the market is less likely to become oversupplied. Owners are also focused on improving properties, updating layouts and bringing in stronger tenants rather than competing with newly built centers. Well-located properties with flexible space and local traffic are expected to continue to hold their value. For retail REITs, limited construction creates a supportive operating environment and gives established landlords more control over how they improve and position their portfolios.

Consumer Pressure May Create Uneven Results: The main concern is that consumer spending may become less reliable as households face higher living costs and economic uncertainty. Shoppers may continue to spend, but they are likely to become more selective and place importance on essentials, discounts and clear value. This could create a wider gap between different types of retailers. Businesses that depend on optional purchases may delay expansion, close weaker stores, or ask for more flexible lease terms. As a result, retail REIT performance may become less even across the sector. Landlords with strong finances, adaptable properties and tenants that meet everyday needs should manage the pressure effectively. However, owners with greater exposure to discretionary retail may face slower leasing, weaker demand and a risk of vacancies if consumer caution continues.

Zacks Industry Rank Indicates Bright Prospects The Zacks REIT and Equity Trust - Retail industry is housed within the broader Zacks Finance sector. It carries a Zacks Industry Rank #95, which places it in the top 38% of 247 Zacks industries.

The group’s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates robust near-term prospects. 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.

The industry’s positioning in the top 50% of the Zacks-ranked industries is a result of the upward funds from operations (FFO) per share outlook for the constituent companies in aggregate. Looking at the aggregate FFO per share estimate revisions, it appears that analysts are gaining confidence in this group’s growth potential. Over the past year, the industry’s FFO per share estimates for 2026 and 2027 have moved 2.20% and 3.40% north, respectively.

Before we present a few stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock market performance and valuation picture.

Industry Outperforms Sector and S&P 500 The REIT and Equity Trust - Retail Industry has outperformed the broader Zacks Finance sector as well as the S&P 500 composite so far in the year.

The industry has risen 20.1% during this period compared with the S&P 500’s increase of 10.9% and the broader Finance sector’s growth of 7.1%.

Year-To-Date Price Performance

Industry's Current Valuation On the basis of the forward 12-month price-to-FFO, which is a commonly used multiple for valuing retail REITs, we see that the industry is currently trading at 16.84X compared with the S&P 500’s forward 12-month price-to-earnings (P/E) of 21.21X. The industry is trading marginally below the Finance sector’s forward 12-month P/E of 16.85X. These are shown in the chart below.

Forward 12 Month Price-to-FFO (P/FFO) Ratio

 
Over the last five years, the industry has traded as high as 18.72X and as low as 12.21X, with a median of 15.15X.

3 Retail REIT Stocks to Buy Phillips Edison & Company: This REIT, based in Cincinnati, OH, is focused on grocery-anchored neighborhood centers and complementary everyday retail. It owns 326 properties totaling 36.9 million square feet across 31 states. The portfolio is 97% leased, with 94% of annualized base rent from grocery-anchored centers and 74% from necessity-based retailers.

PECO presents a resilient growth story built on essential spending, retailer demand and disciplined capital allocation. For this retail REIT, 82% of rent comes from centers anchored by the number-one or number-two grocer by sales, while portfolio markets average $101,000 in three-mile household income. Strong occupancy supports pricing power, with comparable renewal and new-lease spreads of 21.2% and 36.2% in the first quarter of 2026. A mostly fixed-rate debt profile, liquidity and development yields near 9-12% support durable cash-flow growth.

PECO currently carries a Zacks Rank #2 (Buy). Over the past three months, the Zacks Consensus Estimate for its 2026 and 2027 FFO per share has been revised upward to $2.76 and $2.90, suggesting increases of 6.15% and 5.14% year over year, respectively. The stock has risen 8.8% over the past three months. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Price and Consensus: PECO

Tanger: This Greensboro, N.C.-based REIT specializes in outlet and open-air retail destinations. With 45 years of experience, it operates 38 outlet centers and four lifestyle centers spanning nearly 17 million square feet across 22 U.S. states and Canada. Its properties host more than 3,000 stores, representing more than 800 brands and retail concepts, creating diversified shopping environments.

 Tanger combines resilient operations, leasing momentum and balance-sheet flexibility. Portfolio occupancy stands near 97%, while average tenant sales reached $482 per square foot and blended rent spreads were 10.5% in the first quarter of 2026. Tenant affordability remains supported by a 9.7% occupancy-cost ratio. With net debt to adjusted EBITDAre of 4.8 times, entirely fixed-rate debt and more than $1 billion of liquidity, Tanger has the capacity to reinvest, pursue acquisitions and support shareholder returns.

Tanger currently has a Zacks Rank #2. The Zacks Consensus Estimate for its 2026 FFO per share has been raised marginally over the past month to $2.48, indicating a 6.44% year-over-year increase. The stock has rallied 11% over the past three months.

Price and Consensus: SKT

American Assets Trust: This REIT, headquartered in San Diego, CA, has a diversified portfolio concentrated in high-barrier coastal markets. Its 31 properties span office, retail, multifamily and mixed-use assets across California, Washington, Oregon, Hawaii and Texas, totaling about 6.8 million square feet, 2,302 multifamily units and 369 hotel rooms. Its platform combines long-standing experience with in-house leasing, development and operations expertise.

AAT offers a compelling mix of asset quality, diversification and embedded upside. The portfolio benefits from locations with strong demographics, limited new supply and barriers to entry. An investment-grade balance sheet, 96% unsecured debt and roughly $618 million of liquidity provide flexibility, while no significant maturities until 2027 reduce refinancing pressure. Lease-up potential across the portfolio could add meaningful incremental FFO at stabilization.

American Assets Trust currently carries a Zacks Rank #2. The Zacks Consensus Estimate for 2026 and 2027 FFO per share has witnessed upward revisions to $2.03 and $2.11, indicating a 1.50% and 3.94% increase year over year, respectively. The stock has appreciated 24.1% over the past three months.

Price and Consensus: AAT

Note: Funds from operations (FFO) is a widely used metric to gauge the performance of REITs rather than net income as it indicates cash flow from their operations. FFO is obtained after adding depreciation and amortization to earnings and subtracting the gains on sales.

Manhattan, KS, July 16, 2026 (GLOBE NEWSWIRE) -- Landmark Bancorp, Inc. (Nasdaq: LARK), the holding company for Landmark National Bank, announced today that it will release earnings for the second quarter of 2026 after the market closes on Wednesday, July 29, 2026. The Company will host a conference call to discuss these results on Thursday, July 30, 2026, at 10:00 am (CT).

Conference Call Information:

Date: Thursday, July 30, 2026
Time: 10:00am Central Time
Teleconference Dial-In: (800) 715-9871

An audio recording of the earnings call will be available through August 6, 2026. To access, register via https://echo.registrations.events/signup using Conference ID 78609 to receive a unique access code to listen to the playback, including the correct numbers to dial.

About Landmark

Landmark Bancorp, Inc., the holding company for Landmark National Bank, is listed on the NASDAQ Global Market under the symbol “LARK.” Headquartered in Manhattan, Kansas, Landmark National Bank is a community banking organization dedicated to providing quality financial and banking services. Landmark National Bank has 28 locations in 23 communities across Kansas: Manhattan (2), Auburn, Dodge City (2), Fort Scott (2), Garden City, Great Bend (2), Hoisington, Iola, Junction City, LaCrosse, Lawrence (2), Lenexa, Louisburg, Mound City, Osage City, Osawatomie, Overland Park, Paola, Pittsburg, Prairie Village, Topeka, Wamego and Wellsville, Kansas. Visit www.banklandmark.com for more information.

Contact:
Mark A. Herpich
Chief Financial Officer
(785) 565-2000

Key Takeaways RDN diversify through the Inigo acquisition, expanding into global specialty insurance and reinsurance.Higher investment income, lower claims and a growing mortgage insurance portfolio support earnings growth. RDN continues returning capital through dividend increases and share repurchases. Shares of Radian Group Inc. (RDN - Free Report) are trading at a discount compared with the industry. Its 12-month trailing price-to-book value of 1.04X is lower than the industry average of 2.96X, the Finance sector’s 4.47X and the Zacks S&P 500 composite’s 8.13X. The insurer has a Value Score of A.

Image Source: Zacks Investment Research

The insurer has a market capitalization of $5 billion. The average volume of shares traded in the last three months was 1.3 million. The insurer has a solid track record of beating earnings estimates in each of the last four quarters, with an average of 10.7%.

Shares of MGIC Investment Corporation (MTG - Free Report) , Assurant, Inc. (AIZ - Free Report) , and Old Republic International Corporation (ORI - Free Report) are also trading at a discount to the industry average.

RDN’s Price PerformanceShares of Radian Group have gained 13.9% in the past six months compared with the industry’s growth of 7.7%.

Image Source: Zacks Investment Research

Average Target Price for RDN Suggests UpsideBased on short-term price targets offered by six analysts, the Zacks average price target is $43.67 per share. The average suggests a potential 18.4% upside from the last closing price.

Image Source: Zacks Investment Research

RDN’s Encouraging Growth ProjectionsThe Zacks Consensus Estimate for Radian Group’s 2026 earnings per share (EPS) indicates a year-over-year increase of 16.2%. The consensus estimate for revenues is pegged at $2.21 billion, implying a year-over-year improvement of 81%. The consensus estimate for 2027 EPS and revenues indicates an increase of 2.8% and 11.3%, respectively, from the corresponding 2026 estimates.

RDN’s Favorable Return on Invested CapitalReturn on invested capital (ROIC) in the trailing 12 months was 7%, better than the industry average of 2.2%. This reflects RDN’s efficiency in utilizing funds to generate income. ROIC

Key Points to Note for RDNRadian Group’s heightened focus on the core business and services with higher growth potential ensures a predictable and recurring fee-based revenue stream. New business, combined with increasing annual persistency, should drive continued growth of the insurance-in-force portfolio. Radian Group’s mortgage insurance portfolio creates a strong foundation for future earnings. RDN has been witnessing a declining trend in claim filings. We expect paid claims to decline further, thus strengthening the balance sheet and improving its financial profile.

Radian Group completed its strategic acquisition of Inigo in February 2026. The Inigo acquisition has transformed Radian into a more diversified insurer, reducing its reliance on the U.S. mortgage insurance market while expanding its presence in global specialty insurance and reinsurance. The deal is expected to create more resilient earnings through multiple revenue streams.

Higher investment income is another meaningful earnings tailwind. Net investment income has been improving, benefiting from higher invested assets and the addition of Inigo's investment portfolio. The higher interest-rate environment continues to support reinvestment yields, allowing Radian Group to generate stronger investment returns, an important contributor to overall insurer profitability.

Radian Group projects mid-teens percentage growth in EPS and approximately a 200-basis point increase in return on equity in the first full year after the transaction is closed in early 2026. RDN also expects the deal to double its total annual revenues, providing flexibility to deploy capital across multiple insurance lines through various business cycles.

Radian Group has also agreed to divest Mortgage Conduit, Title and Real Estate Services businesses. With this divestiture, the insurer intends to simplify its operations and focus on the new insurance venture, a global multi-line specialty insurance business.

Radian Group's strong capital position continues to support growth initiatives and shareholder returns. The company has strengthened its capital base through capital contributions, reinsurance transactions and a healthy cash position, providing ample financial flexibility. This has enabled RDN to consistently return capital through dividend increases and share repurchases. The quarterly dividend has more than doubled over the past five years, and marks the sixth consecutive year that RDN has raised its quarterly dividend. Its current dividend yield of 2.8% exceeds the industry average of 2.4%, making the stock attractive for income-focused investors. Management also believes the shares trade below intrinsic value, making share buybacks an efficient use of excess capital that enhances per-share earnings growth.

ConclusionImproving mortgage insurance portfolio, declining claims, Inigo acquisition, rising investment income, a solid capital position and effective capital deployment should continue to favor mortgage insurers over the long term.

Its solid growth projections as well as attractive valuations are other positives. Coupled with impressive dividend history and favorable ROIC, the time appears right for potential investors to bet on this Zacks Rank #2 (Buy) insurer. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

16.7.2026 22:00

Negativní sentiment se před koncem obchodní seance ještě více prohloubil. Může za to silný pokles technologického giganta Google, u kterého přišla zpráva, že je v několikaměsíčním zpoždění s vydáním nové vlajkové AI verze Geminy Pro 3.5. V prostředí velké konkurence to může mít neblahý efekt ztráty poptávky. Akcie Alphabet končí silnou ztrátou –4,43 %.

Nevalný výsledek zažil i čipový sektor, kde velkou váhu poklesu má na svědomí Micron -5,65 % či AMD -5,33 %.

Oproti tomu se dařilo defenzivním sektorům spotřebního zboží či služeb. McDonald přidal slušných +3,04 %, PepsiCo též +2,97 % a například kartová asociace Mastercard +3,04 %.

Ropa WTI stále mírně ztrácela -0,75 %. Negativní vývoj na burze tedy dnes nebyl ovlivněn negativní geopolitickou situací.

Index Dow Jones -0,2 % na 52553,62 b.
S&P 500 -0,51 % na 7533,89 b.
Nasdaq Composite -1,47 % na 25881,95 b.

Index S&P 500 -0,51 % na 7533,89 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Nezbytná spotřeba +2,9 % Komunikační služby -2,8 % Zdravotní péče +2,2 % Informační technologie -1,8 % Reality +2,1 % Zbytná spotřeba -0,3 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Abbott Laboratories (ABT) +11 % Sandisk Corp (SNDK) -13 % JB Hunt Transport Services (JBHT) +8,0 % Seagate Technology Holdings (STX) -10,0 % Fedex Freight Holding (FDXF) +7,5 % Corning (GLW) -9,2 % Erie Indemnity (ERIE) +7,5 % Western Digital Corp (WDC) -9,2 % Dexcom (DXCM) +7,2 % Marvell Technology (MRVL) -8,7 %
Jan Pazourek, Fio banka, a.s.

Calgary, Alberta--(Newsfile Corp. - July 16, 2026) - Marvel Biosciences Corp. (TSXV: MRVL) (OTCQB: MBCOF) ("Marvel" or the "Company") is pleased to announce that it intends to complete a non‐brokered private placement offering (the "Offering") of units of the Company ("Units") at a price of $0.15 per Unit. The Offering will be for a minimum of 10,000,000 Units for gross proceeds of $1,500,000, and up a maximum of 20,000,000 Units, for gross proceeds of up to $3,000,000.

Each Unit will consist of one common share of the Corporation ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant will entitle the holder to purchase one additional Common Share at a price of $0.20 per share, commencing on the sixty first (61st) day after the closing date of the Offering (the "Closing Date") for a period of one (1) year from the Closing Date; provided that if, at any time after the date that is sixty-one (61) days following the Closing Date, the volume weighted average trading price of the Common Shares on the TSX Venture Exchange ("TSXV") is at least $0.25 per share for a period of five (5) consecutive trading days (whether or not trading occurs on all such days), the expiry date of the Warrants may be accelerated by the Corporation to a date that is not less than 30 days after the date that notice of such acceleration is provided to the Warrant holders, which notice may be by way of general press release.

It is anticipated that the net proceeds from the Offering will be used to pay a deposit for phase 1 clinical trials for the Company's lead compound MB‐204, general and administrative expenses and for general working capital. The closing of the Offering may occur in one or more tranches, the first of which is expected to close on or about August 14, 2026. Closing of the Offering is subject to receipt of all regulatory approvals, including approval of the TSX Venture Exchange (the "TSXV"), and will occur within 45 days from the date hereof.

There is an offering document related to this Offering dated July 15, 2026 that can be accessed under the Company's profile at www.sedarplus.ca and at https://marvelbiotechnology.com/. Prospective investors should read this offering document before making an investment decision.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45‐ 106 ‐ Prospectus Exemptions ("NI 45‐106"), the Offering is being made to purchasers resident in all provinces of Canada (except Quebec) and certain foreign jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45‐106 (the "Listed Issuer Financing Exemption"). The Units offered under the Listed Issuer Financing Exemption will not be subject to a hold period pursuant to applicable Canadian securities laws. Shareholders or investors who may wish to participate in the Offering and who seek further details about the Offering should contact the Company's Chief Executive Officer, J. Roderick Matheson, at 403 770 2469.

In connection with the Offering, the Corporation will pay a finder's fees equal to up to 7% of the gross proceeds raised from those investors introduced by the finder to the Offering, payable in cash, and finder's warrants ("Finder's Warrants") in an amount equal to 7% of the aggregate number of Units in relation to ‎subscribers introduced by any particular finder, with each Finder's Warrant being exercisable to acquire one (1) ‎Common Share at a price of $0.20 per share commencing on the sixty first (61st) day after the Closing Date for a period of one (1) year from the Closing Date; provided that if, at any time after the date that is sixty-one (61) days following the Closing Date, the volume weighted average trading price of the Common Shares on the TSXV is at least $0.25 per share for a period of five (5) consecutive trading days (whether or not trading occurs on all such days), the expiry date of the Finder's Warrants may be accelerated by the Corporation to a date that is not less than 30 days after the date that notice of such acceleration is provided to the Finder's Warrant holders, which notice may be by way of general press release. It is estimated that the Corporation will issue up to 700,000 Common Shares upon the exercise of Finder's Warrants assuming the minimum Offering and 1,400,000 Common Shares upon the exercise of Finder's Warrants assuming the maximum Offering.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold in the "United States" or to "U.S. persons" (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Marvel Biosciences Corp.

Marvel Biosciences Corp., and its wholly owned subsidiary, Marvel Biotechnology Inc., is a Calgary‐based pre‐ clinical stage pharmaceutical development biotechnology company that utilizes a "drug redevelopment" approach to drug development. Historically, when a new class of drug is developed, it is optimized for a particular target, but typically only approved for a specific disease. Often, a new disease is identified which involves the same target, however, pending the remaining patent life, the originally approved drug may not have sufficient time left for it to be commercially viable to be developed for the new disease indication. Marvel develops new synthetic chemical derivatives of the original approved drug for the new disease indication. Patent protection is sought, as the new potential asset is developed by the Company. The Company believes the business model results in significantly less risk, cost and time to develop its assets compared to traditional biotechnology companies.

Marvel Biotechnology Inc. has currently developed several new chemical entities, using synthetic chemical derivatives of known, off‐patent drugs, that inhibit the A2a adenosine receptor with application to neurological diseases (depression & anxiety, Alzheimer's, ADHD), and the non‐neurological conditions of cancer and non‐ alcoholic steatohepatitis. Marvel is also exploring additional undisclosed targets to expand its asset pipeline.

Contact Information:
Marvel Biosciences Corp.
J. Roderick (Rod) Matheson, Chief Executive Officer
or Dr. Mark Williams, President, and Chief Science Officer
Tel: 403 770 2469
Email: [email protected]

Forward-Looking Statements

This news release contains "forward‐looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward‐looking information. In particular, this news release contains forward‐looking information regarding: the Offering, the potential use of proceeds of the Offering, the closing date for the Offering, the business of the Company, including future plans and objectives. There can be no assurance that such forward‐looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward‐looking information. This forward‐looking information reflects Marvel's current beliefs and is based on information currently available to Marvel and on assumptions Marvel believes are reasonable. These assumptions include, but are not limited to: the underlying value of Marvel and its Common Shares, TSX Venture Exchange approval of the Offering; Marvel's current and initial understanding and analysis of its projects and the development required for such projects; the costs of Marvel's projects; Marvel's general and administrative costs remaining constant; and the market acceptance of Marvel's business strategy. Forward‐looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Marvel to be materially different from those expressed or implied by such forward‐looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; industry condition; general capital market conditions and market prices for securities; delay or failure to receive board or regulatory approvals; the actual results of future operations; competition; changes in legislation affecting Marvel; the timing and availability of external financing on acceptable terms; and lack of qualified, skilled labour or loss of key individuals. A description of additional risk factors that may cause actual results to differ materially from forward‐looking information can be found in Marvel's disclosure documents on the SEDAR+ website at www.sedarplus.ca. Although Marvel has attempted to identify important factors that could cause actual results to differ materially from those contained in forward‐looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward‐looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward‐looking information contained in this news release is expressly qualified by this cautionary statement. The forward‐looking information contained in this news release represents the expectations of Marvel as of the date of this news release and, accordingly, is subject to change after such date. However, Marvel expressly disclaims any intention or obligation to update or revise any forward‐looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

Not for distribution to U.S. newswire services or dissemination in the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305483

Source: Marvel Biosciences Corp.

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