MIAMI, July 15, 2026 (GLOBE NEWSWIRE) -- WRAP Technologies, Inc. (NASDAQ: WRAP) (“WRAP” or the “Company”), developer of the WrapShield™ Autonomous Public Safety Platform, today announced the completion of the first operational prototype of Wraptor MX™, the Company’s multi-shot non-lethal restraint platform. WrapShield’s Non-Lethal Response™ layer — previously served by a single instrument, the BolaWrap® 150 — now has a newly unveiled operational component. Together with the DFR-X drone-deployed restraint system, WrapShield is designed to bring together three dedicated non-lethal delivery mechanisms — handheld, multi-shot, and drone-deployed — under a single platform architecture.
“BolaWrap introduced a new way for officers to create time, distance, and control through an instrument of restraint. Wraptor MX builds on that foundation and is designed to allow officers to respond to multiple engagements before reloading, potentially giving teams greater flexibility in dynamic and rapidly evolving situations,” said Scot Cohen, Chief Executive Officer of WRAP. “Wraptor MX is much more than another product. We believe it represents the next evolution of our response architecture within WrapShield. We are expanding our ability to deliver proportional sight, sound, and sensation effects across a broader range of public safety operations. As BolaWrap earned adoption by more than 1,000 agencies in over 60 countries, we believe Wraptor MX can extend those capabilities deeper into tactical, corrections, private security, and defense environments.”
The announcement builds on ATF Ruling 2026-2, effective July 2, 2026, which classified the BolaWrap® 150 as neither a firearm nor an “any other weapon,” affirming it as an instrument of restraint under federal law. That determination — specific to the BolaWrap 150 — may provide a favorable regulatory reference point for non-lethal restraint technology across corrections, law enforcement, and public-safety applications, and WRAP expects it to accelerate adoption in the United States. Driven by use-of-force reform, policy mandates, and the growth of autonomous response architectures in public safety, the global non-lethal weapons market is estimated at approximately $9.5 billion today and is projected to grow to roughly $13 billion by 2030, according to Grand View Research.1
Wraptor MX™ is a modular, multi-shot non-lethal response platform that expands the proven capabilities of BolaWrap®. Designed for scenarios where multiple engagements may be required, the current prototype is designed to deliver (3) three consecutive BolaWrap deployments before reloading. While the BolaWrap® 150 remains optimized for individual officers carrying a compact, single-shot restraint device, Wraptor MX is being developed for tactical teams, corrections, perimeter security, and other operational environments where greater response capacity may be needed. As the platform evolves, WRAP expects to explore additional configurations and deployment capacities informed by customer feedback and operational testing.
Key design principles:
Modular response architecture: Designed as a configurable platform intended to integrate multiple sight, sound, and sensation effects. In addition to multi-shot BolaWrap deployment, the current design incorporates a high-intensity light, with future configurations expected to support additional non-lethal response technologies as the platform evolves.Mission-configurable: Features a standard Picatinny rail, allowing agencies to select optics and accessories that align with their operational preferences, training doctrine, and mission requirements.Officer-informed design: Developed with input from U.S. law enforcement and corrections professionals and intended to reflect real-world operational needs, emphasizing ergonomics, durability, and rapid deployment under stress.Operationally optimized: Incorporates sling attachment points intended to support safe weapon retention, rapid transitions, and immediate hands-on control following deployment when circumstances require officers to move directly into restraint or custody operations.Platform for expansion: Wraptor MX is engineered as a long-term response platform capable of incorporating future non-lethal technologies, which could enable WRAP to expand beyond a single capability into a family of proportional response options without requiring agencies to adopt an entirely new operating system.
WrapShield: A Three-Element Non-Lethal Response Layer
WRAP's WrapShield™ platform organizes public safety response into integrated operational layers. The Non-Lethal Response layer is built around interoperable instruments of restraint designed to provide proportional response options across a range of operational environments. With the addition of Wraptor MX™, this layer now consists of three response elements:
Response Element 1 – BolaWrap® 150
A compact, handheld instrument of restraint designed for immediate deployment by individual officers. Commercially deployed by more than 1,000 agencies across over 60 countries.Response Element 2 – Wraptor MX™
A modular, multi-shot instrument of restraint designed for tactical teams, corrections, perimeter security, and other scenarios where multiple engagements may be required. The first operational prototype is complete, and WRAP's Early Adopter Program is now selecting partner agencies.Response Element 3 – DFR-X™
A drone-deployed instrument of restraint capable of delivering a BolaWrap payload without requiring an officer to be physically present at the scene, operating under established human-authorization protocols as part of the WrapShield platform.
Rather than developing isolated products, WRAP is building an integrated non-lethal response architecture. These three response elements are designed to operate within the WrapShield platform's common detection, orchestration, command-and-control, and AI-assisted decision framework, and are designed to provide agencies with scalable response options across individual officer, team-based, and, where policy and law permit, future autonomous deployments. As the platform evolves, WRAP intends to expand these response capabilities to meet an increasingly broad range of public safety and defense missions.
Early Adopter Program — Limited Cohort Selection
WRAP is selecting a limited cohort of up to 10 law enforcement agencies for exclusive pre-commercial access to the Wraptor MX platform. Participation is by application and provides selected agencies with direct access to the engineering team, deployment-configuration input, and preferred commercial terms for initial production units.
The program is designed to generate real-world deployment data, officer feedback, training methodology, and operational validation across diverse threat environments before commercial release. Selected agencies will be announced as the cohort is finalized. Qualified agencies may apply at www.wrap.com/#/wraptormx.
“Wraptor MX is more than a new product—it reflects the company we are building,” said Jared Novick, President and Chief Operating Officer of WRAP. “Public safety continues to evolve, and the tools available to the men and women who serve our communities must evolve with it. Our focus is on developing technologies designed to give officers and agencies more proportional response options, greater operational flexibility, and better decision support—always keeping trained professionals in control. As detection, communications, and decision-support technologies continue to advance, we're designing our platforms to adapt alongside them while remaining grounded in the policies, legal standards, and human judgment that define modern policing. We believe the future of public safety will combine exceptional officers with exceptional technology, and that's the future WRAP is building through WrapShield.”
About WRAP Technologies, Inc.
WRAP Technologies, Inc. (NASDAQ: WRAP) is developing WrapShield™, an autonomous public safety platform intended to unify threat detection, classification, command-and-control, and non-lethal response in a single operating architecture. At the platform’s core is the principle that the technology layer between situational awareness and human force application should be trustworthy, accountable, and — wherever tactically appropriate — non-lethal. Building on the commercial success of BolaWrap®, the Company’s flagship restraint tool deployed across more than 1,000 agencies in over 60 countries, WRAP is building an operating layer between perception and response.
Trademark Information
WRAP, the Wrap logo, BolaWrap®, Non-Lethal Response™, WrapReality™, Wrap Training Academy, and Non-Lethal Response™ are trademarks of WRAP Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
Cautionary Note on Forward-Looking Statements - Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Words such as "expect," "anticipate," "should", "believe", "target", "project", "goals", "estimate", "potential", "predict", "may", "will", "could", "intend", and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements include, among others, statements regarding the completion, capabilities, performance, timing, and commercial readiness of the Wraptor MX platform and the DFR-X system; the structure, timing, and outcomes of the Early Adopter Program, including whether selected agencies place orders or generate revenue; the anticipated size, growth, and addressable opportunity of the non-lethal and public-safety markets; and the expected effects of ATF Ruling 2026-2. These statements are based on current expectations and are subject to risks and uncertainties, including but not limited to WRAP’s ability to complete product development and achieve commercial readiness on expected timelines, the difference between a prototype and a commercially available product, the possibility that Early Adopter Program participation does not result in purchases, competition, supply-chain and manufacturing constraints, and changes in law, regulation, or agency policy. ATF Ruling 2026-2 addresses the classification of the BolaWrap® 150 only, and no assurance can be given that any similar classification will apply to Wraptor MX, the DFR-X system, or any other product. The Company's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors including other risk factors mentioned in the Company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. WRAP assumes no obligation to update any forward-looking statement except as required by applicable law.
Photos accompanying this announcement are available at
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Famed investor Warren Buffett was known for his value-investing approach, which influenced the selection of Berkshire Hathaway's investments. When Buffett's hand-picked successor, Greg Abel, took over at the start of 2026, he made significant changes to the portfolio.
Abel dumped many positions and added big names in tech and artificial intelligence, such as Google parent Alphabet. Traditionally, Buffett shied away from the technology sector. But one holdover from Buffett's days remains in the portfolio, and it sports an impressive dividend yield of more than 6% as of July 13. That stock is the Kraft Heinz Company (KHC 0.59%).
The meaty dividend makes owning shares attractive. Even so, weighing an investment in Kraft Heinz is not straightforward and requires unpacking what's going on with the company.
Image source: Getty Images.
Kraft Heinz's shortcomings Kraft Heinz was once the king of the grocery store. Iconic products, such as its Heinz ketchup and Kraft mac and cheese, were household staples. In fact, Buffett and his company helped orchestrate the 2015 merger between Heinz and Kraft.
Yet after more than a century of success, the combined company was ill-prepared for shifting consumer preferences. Shoppers are moving away from its ultra-processed foods in favor of healthier alternatives.
At the same time, the company underinvested in research and development (R&D) that could have helped it adapt to these changes, and instead opted for cost-cutting. Adding fuel to the fire, Kraft Heinz raised prices amid persistent inflation, prompting consumers to switch to cheaper supermarket private-label brands. This confluence of factors contributed to steadily declining sales.
KHC Revenue (TTM) data by YCharts.
The company originally decided the solution was to break apart its businesses. This maneuver was vehemently opposed by Buffett and Abel, prompting them to threaten to sell Berkshire Hathaway's substantial holdings.
The Kraft Heinz turnaround Fortunately for shareholders, the packaged food giant replaced its CEO with Steve Cahillane in December, who scrapped the separation plan in favor of a new strategy to galvanize growth. Kraft Heinz is injecting $600 million into R&D and marketing to win back customers. It's also adding natural ingredients to its products and streamlining operations to maximize supply chain efficiency and accelerate product rollouts.
In the short term, these changes will eat into margins. Over the long haul, this year lays the groundwork for a reversal of fortunes in 2027 and beyond. Since the strategy is new, buying its stock now is a leap of faith that a revenue rebound will eventually arrive. However, you benefit from the dividend's passive income while you wait.
Currently, the company can support dividend payouts thanks to its robust free cash flow (FCF). In its fiscal first quarter ended March 28, Kraft Heinz grew FCF by nearly 60% year over year to $0.8 billion. FCF provides insight into a company's available cash to invest in its business, pay down debt, repurchase shares, and fund dividends.
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Kraft Heinz's revitalization effort has Abel's support, which is why Berkshire Hathaway retains its holdings. The new direction under Cahillane helped the stock gain 4% year-to-date through July 13.
Yet the stock's valuation remains lower than a year ago, as indicated by its price-to-sales ratio of 1.2. This makes now a good time to purchase Kraft Heinz stock if you believe its turnaround efforts can revitalize the business over the long run.
Few investors have shaped the stock market the way Warren Buffett has. For six decades, Berkshire Hathaway (NYSE:BRK-A | BRK-A Price Prediction)(NYSE:BRK-B) transformed from a struggling textile manufacturer into a conglomerate worth well over $1 trillion, rewarding shareholders with one of the greatest long-term investment records in history. As Buffett has handed leadership of Berkshire to Greg Abel, investors have asked whether Berkshire Hathaway without the Oracle of Omaha at the helm is still worth investing in.
This week, Buffett provided another piece of that answer. In a note accompanying Berkshire Hathaway’s latest charitable donations, he revealed that all of his remaining Berkshire shares will be gone by Dec. 31, 2034. That sounds dramatic. Yet surprisingly, it says far more about Buffett’s estate planning than it does about Berkshire’s investment prospects.
Buffett Left Berkshire — Not His Faith In It According to Berkshire Hathaway’s news release yesterday, Buffett converted 8,000 Class A shares into 12 million Class B shares and donated them to four charitable organizations. The largest recipient was the Susan Thompson Buffett Foundation with 9 million shares, while the Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation each received 1 million shares. After the donation, Buffett still owned 188,290 Class A shares and 1,162 Class B shares.
More importantly, Buffett laid out his long-term plan. He wrote that his goal is to dispose of all his Berkshire shares “within about eight years” and that, regardless of what happens, every remaining share will be donated to those four foundations by Dec. 31, 2034.
Buffett isn’t selling because he expects Berkshire to struggle. He’s donating shares as part of a philanthropic strategy he has discussed for years. Ownership is changing hands — not because Berkshire is broken, but because Buffett intends to give away nearly his entire fortune.
Greg Abel is now leading Berkshire, while the conglomerate owns dozens of operating businesses spanning insurance, energy, railroads, manufacturing, retail, and services. It also maintains one of the strongest balance sheets in corporate America, with $397.4 billion in cash.
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Berkshire’s enormous cash position gives management unusual flexibility during recessions and market panics. Historically, Buffett has used those periods to acquire businesses and invest at attractive prices. That playbook doesn’t disappear simply because ownership gradually shifts to charitable foundations.
Conversely, investors should expect those foundations to sell shares over time to fund their charitable work. That creates periodic supply, but it won’t happen all at once. Buffett’s timeline stretches through 2034, allowing distributions to occur gradually rather than flooding the market with stock.
Key Takeaway In short, Buffett’s announcement should not be mistaken for a sell signal. The legendary investor is 95 years old and exiting ownership because of philanthropy, not because he believes Berkshire’s best days are behind it. The company remains a diversified collection of high-quality businesses, backed by hundreds of billions of dollars in liquidity and a leadership team Buffett planned for years.
That said, Berkshire now trades more on Abel’s execution than Buffett’s reputation. Investors should continue monitoring his capital allocation, acquisitions, and operating performance over the coming years.
Ultimately, though, Buffett’s decision to give away every remaining share says more about his legacy than Berkshire’s future. For long-term shareholders, that’s an important distinction — and one that argues for evaluating Berkshire on its fundamentals rather than on the name at the top of the shareholder register.
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Warren Buffett, the most famous investor of all time, has announced plans to completely divest his stake in Berkshire Hathaway (NYSE: BRK) via share donations by December 31, 2034.
The 95-year-old billionaire said in a news release published on July 14 that his remaining holdings will be donated over the next eight years to four charitable foundations.
What made the announcement notable is that Buffett excluded the Gates Foundation from his annual midyear donations for the first time in two decades.
Instead, Buffett will donate 1 million Class B Berkshire shares to the Sherwood Foundation, the Howard G. Buffett Foundation, and the NoVo Foundation, each run by one of his three children.
In addition, he is also donating 9 million Class B shares to the Susan Thompson Buffett Foundation, named after his late wife.
“My goal is to dispose of all of my Berkshire shares within about eight years. I have every hope that the three of them are able to carry out the disposal of my shares by December 31, 2034,” Buffett said.
Last year, the ‘Oracle of Omaha’ said he intended to accelerate charitable giving so his children could more easily manage and distribute his estate after his death. Accordingly, he donated roughly $320 million in Berkshire shares to each of his children’s foundations before pledging additional gifts of about $200 million to each later in the year.
“The goal is to have the grants grow annually to each of the three foundations managed by each of my children and the annual grant to the Susan Thompson Buffett Foundation grow at a somewhat greater rate,” he added.
As mentioned, however, Buffett skipped the Gates Foundation in this year’s donations after supporting it for decades. The move apparently follows renewed public scrutiny of Bill Gates’ past association with Jeffrey Epstein.
According to reports by The Wall Street Journal, the Gates Foundation commissioned a review of Gates’s interactions with Epstein and is examining future philanthropic partnership policies, with Buffett reportedly waiting for the outcome.
In a statement, the Gates Foundation also thanked Buffett for his decades of support, saying his contributions have ‘helped expand and deliver on the foundation’s mission to improve health and opportunity for people around the world.’
Featured image via Shutterstock
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GREENWICH, Conn., July 15, 2026 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced it will host its 2026 Investor Day on Monday, November 16, at the New York Stock Exchange. The in-person event will begin at 9:00 a.m. Eastern Time and will also be webcast live.
The event will feature presentations from GXO CEO Patrick Kelleher, CFO Mark Suchinski and members of the executive leadership team on the company’s long-term strategy, financial framework and value creation opportunities.
The webcast and presentation materials will be available on the Company’s Investor Relations website at investors.gxo.com. A replay will be available following the event.
About GXO
GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider and is positioned to capitalize on the rapid growth of ecommerce, automation and outsourcing. GXO has over 150,000 team members across more than 1,000 facilities, totaling more than 200 million square feet. The company serves the world’s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut. Visit GXO.com for more information and connect with GXO on LinkedIn, X, Facebook, Instagram and YouTube.
Investor Contact
Kristine Kubacki, CFA
+1 203-769-7206 [email protected]
Pre-Market Stock Futures: Futures are trading higher after a nice bounce-back day for Wall Street, as a tepid June consumer price index report, combined with the President dropping the big Strait of Hormuz tolls, brought buyers back to the table. When the final bell rang, all of the major indices finished the day higher. The tech-heavy Nasdaq led the charge, closing at 26,107, up 0.90%, while the Russell 2000 small-cap index finished the session at 2,965, up 0.43%. The S&P 500 closed Tuesday trading at 7,543, up 0.38%, while the venerable Dow Jones Industrial Average eked out a small 0.02% gain at 52,508 to finish on the plus side. Super-strong earnings from the large money-center banks and white-glove financials helped block International Business Machines (NYSE: IBM | IBM Price Prediction) on Tuesday, as the legacy tech giant wiped out over $50 billion in market value after issuing a preliminary revenue warning for the second quarter. This historic single-day drop was the worst for Big Blue since 1987.
Treasury Bonds: What a difference a day makes. After sellers hammered, the treasury complex and yields rose across the curve to start the week. The exact opposite happened on Tuesday, after the calm June consumer price index report cooled fears of rate hikes, bringing back buyers’ search for some juice in Treasury yields. The 30-year bond closed the day flat at 5.10%, while yields on all other maturities dropped, except for the 1- and 3-month T-bills, which were unchanged. The 10-year note was last seen at 4.59%.
Oil and Gas: Despite the President scrapping the toll for the Starit of Hormuz midday, prices for the major oil benchmarks moved higher on Tuesday. While not the massive move we saw on Monday, concerns over a long-running dispute with Iran continue to weigh on oil prices. Brent Crude closed the day at $85.52, up 2.67%, while West Texas Intermediate was last seen at $79.96, up 2.33%. Natural gas finished the day at $2.92, up 0.79%.
Gold: The precious metals also had a mixed bounce-back day yesterday, as bonds traded lower on the positive CPI print, and prices recovered from a 2-week low amid a weaker dollar. Gold closed the session at $4,013, up over 2%, while Silver ended the session lower at $57.86, the lowest close in several months.
Crypto: Cryptocurrency traded higher on Tuesday, rebounding from earlier losses after the cooler-than-expected June U.S. CPI print sparked a broad market rally. Bitcoin climbed 3.5%, Ethereum jumped nearly 6%, and XRP advanced 5%. This positive price action came despite institutional Bitcoin ETF outflows of over $425 million and lingering geopolitical tensions between the U.S. and Iran. At 8 AM EDT, Bitcoin was trading at $64,648, while Ethereum was trading at $1,882.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. Important reminder: No single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Wednesday, July 15, 2026.
Upgrades: AMC Entertainment Holdings (NYSE: AMC) was upgraded to Buy from Hold at Texas Capital, with a $3 target price. CAVA Group (NYSE: CAVA) was upgraded to Overweight from Equal Weight at Morgan Stanley, which bumped the price target to $90 from $86. CNX Resources (NYSE: CNX) was upgraded to Hold from Sell at Truist Financial, with a $35 target price. Digital Realty Trust (NYSE: DLR) was raised to Buy from Neutral at Guggenheim, which has a $200 target price for the shares. Nextpower (NASDAQ: NXT) was upgraded to Buy from Neutral at Guggenheim, with a $125 target price. Downgrades: Allstate (NYSE: ALL) was downgraded to Neutral from Buy at UBS, which nudged the target price for the insurance giant to $261 from $255. Check Point Software Technologies (NASDAQ: CHKP) was cut to Market Perform from Outperform at Raymond James, without a price target. International Business Machines (NYSE: IBM) was downgraded to Perform from Outperform at Oppenheimer, without a target price. TransDigm Group (NYSE: TDG) was downgraded to Equal Weight from Overweight at Morgan Stanley, which slashed the target price for the stock to $1,345 from $1,680. Travelers Companies (NYSE: TRV) was cut to Underweight from Equal Weight at Morgan Stanley, which dropped the target price for the shares to $290 from $333. Initiations: Boeing Company (NYSE: BA) was initiated with a Neutral rating at BTG Pactual, which has a $260 target price for the aerospace giant.
FedEx (NYSE: FDX) was started with an Outperform rating at Citizens, which has a $375 target price. GXO Logistics (NYSE: GXO) was initiated with an Outperform rating at Citizens, with an $80 target price. SM Energy (NYSE: SM) was initiated with a Buy rating at UBS, which has set a $36 target price for the shares. United Parcel Services (NYSE: UPS) was started with a Market Perform rating at Citizens, without a target price. Meet America's Newest $1b Unicorn (Sponsor) A US startup just passed a $1 billion private valuation, joining billion-dollar private companies like OpenAI and ByteDance. Unlike those other unicorns, you can invest in EnergyX right now; but only until July 16.
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Obchodníci s akciemi společnosti Morgan Stanley předčili očekávání Wall Streetu a stanovili další čtvrtletní rekord, čímž přispěli k mimořádným ziskům celého odvětví ve druhém čtvrtletí, které byly způsobeny příznivým vývojem trhů a přetrvávající volatilitou.
Společnost v tomto období vydělala na obchodování s akciemi 6,3 miliardy dolarů, což představuje nárůst o 69 % a překonalo její předchozí historické maximum z prvního čtvrtletí. Společnost rovněž zaznamenala čistý přírůstek nových aktiv ve výši 148,1 miliardy dolarů ve svém pozorně sledovaném segmentu správy majetku, což je mnohem více, než analytici očekávali.
„Toto čtvrtletí bylo ve znamení aktivity vedené klienty, a to jak v institucionálním, tak v retailovém segmentu,“ uvedla v rozhovoru finanční ředitelka Sharon Yeshaya. „Objem zakázek je plný, aktivita nadále roste a z hlediska udržení klientů máme před sebou mnoho úkolů, nad kterými musíme přemýšlet.“
Výsledky společnosti Morgan Stanley završují zveřejňování výsledků za druhé čtvrtletí u největších amerických bank. Toto období bylo pro Wall Street mimořádně úspěšné, přičemž výnosy z obchodování s akciemi u společností JPMorgan, Goldman Sachs, Bank of America a Citigroup překročily odhady a dosáhly historických maxim.
Během čtvrtletí Morgan Stanley společně s Goldman Sachs vedl rekordní primární emisi akcií společnosti SpaceX, za kterou každá z bank získala provizi ve výši 100 milionů dolarů. Podle prohlášení se něco přes polovinu čistých nových aktiv Morgan Stanley v divizi správy majetku týkala právě primárních emisí akcií.
Poplatky za upisování akcií dosáhly 851 milionů dolarů, což představuje nárůst o 70 % oproti předchozímu roku a překonalo odhady. To pomohlo zvýšit celkové příjmy z investičního bankovnictví na 2,44 miliardy dolarů. Bankéři zabývající se fúzemi a akvizicemi vydělali 798 milionů dolarů, zatímco upisovatelé dluhopisů vygenerovali 788 milionů dolarů.
Akcie společnosti Morgan Stanley, které letos do úterý vzrostly o 28 %, klesají v premarketu na newyorské burze o 1,5 %.
Čisté tržby v divizi správy majetku společnosti Morgan Stanley činily 8,86 miliardy dolarů, což rovněž překonalo očekávání. Společnost spustila v průběhu čtvrtletí obchodování s kryptoměnami na své platformě e*Trade, přičemž cenově podbízela klíčové konkurenty ve snaze získat podíl na trhu.
According to recent news, EquipmentShare.com raised its FY26 revenue guidance on July 9 and authorized a $500 million share repurchase program.
Kratos shares rose sharply on Tuesday after the company announced it had received approximately $400 million in new funding from the Department of Defense for hypersonic systems and other national security programs.
Cheniere Energy said it will issue its earnings release for the second quarter on Thursday, Aug. 6, before the market opens.
Citigroup analyst Asiya Merchant, on Monday, maintained Super Micro Computer with a Neutral and raised the price target from $31 to $33.
Morgan Stanley analyst Richard Hill, on Friday, maintained Phillips Edison with an Equal-Weight rating and raised the price target from $38 to $42.
The Mad Money host said he can’t recommend Pool Corporation (NASDAQ:POOL) because housing transactions are at a 40-year low.
Pool announced that it will release its second quarter earnings results before the opening bell on July 23.
Price Action:
Kratos shares gained 7.2% to settle at $50.36 on Tuesday. Equipmentshare shares rose 3.1% to close at $17.34 during the session. Cheniere Energy shares rose 0.7% to settle at $265.03 on Tuesday. Phillips Edison shares gained 0.7% to close at $42.46. Pool shares fell 0.4% to settle at $210.07 on Tuesday. Super Micro Computer shares fell 0.1% to close at $ 27.65 during the session. Photo via Shutterstock
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Guangzhou, China, July 15, 2026 (GLOBE NEWSWIRE) -- Youxin Technology Ltd (Nasdaq: YAAS) (“Youxin Technology” or the “Company”), a software as a service (“SaaS”) and platform as a service (“PaaS”) provider committed to helping retail enterprises digitally transform their businesses, today announced that its operating subsidiary, Guangzhou Youxin Technology Co., Ltd. (“Guangzhou Youxin”), has entered into a cooperation intention agreement (the “Agreement”) with respect to potential ecosystem cooperation for SuiZhiZheng, Guangzhou's city-level government affairs artificial intelligence (“AI”) platform, to explore opportunities to support the platform’s ecosystem development.
The Agreement was signed during the SuiZhiZheng Brand Launch and Government AI Work Promotion Conference, hosted by the Guangzhou Municipal Government Affairs Data Administration (“GMGADA”) on July 4, 2026, at the Guangdong Regional Headquarters of Huawei Technologies Co., Ltd. Through this initiative, the Company joins an ecosystem that includes China's leading technology companies, such as Huawei, Alibaba Cloud, and Tencent Cloud, in supporting the development of a unified AI infrastructure for the city. The signing of the Agreement represents a potential opportunity for the Company's expansion into government AI applications and digital government development, and does not, by itself, constitute a definitive project contract or guarantee future revenue.
Expanding AI Growth Opportunities
Expanding into Public Sector Digital Transformation. Participation in the SuiZhiZheng initiative broadens the Company’s presence beyond retail software into government digital transformation projects, creating opportunities to apply its cloud and AI capabilities in public-sector use cases.Leveraging Core AI and Data Governance Expertise. The Company was selected in recognition of its capabilities in data governance and business process automation and the Company expects to explore the development of AI-enabled solutions designed to streamline administrative workflows.Supporting Guangzhou’s Unified Smart City Ecosystem. SuiZhiZheng represents the government AI component of Guangzhou’s broader smart city framework alongside SuiHaoBan (citizen services) and SuiZhiGuan (city governance). Proven Performance and Rapid Expansion Targets
The SuiZhiZheng platform operates on a comprehensive framework, which plan to integrate AI capabilities into government services, business support and urban governance, to deliver immediate, measurable efficiencies across the city. Early components of the system have demonstrated the commercial value of this technology:
90% Workload Reduction: According to the GMGADA, the platform’s data-cataloging AI agent has already transformed data management from a 100% manual process to an automated one, saving departments more than 90% in operational labor.17% Efficiency Gain: Public service handling has seen an immediate 17% efficiency boost via the integration of a 12345 public hotline AI agent.Aggressive 2026 Roadmap: The platform currently operates 28 AI agents across 55 scenarios. It is on track to scale to 50 AI agents and 100 application scenarios by the end of this year. Mr. Shaozhang Lin, Chief Executive Officer of Youxin Technology, commented, "We are pleased to participate in Guangzhou's SuiZhiZheng ecosystem alongside leading technology companies. Government digital transformation represents an important application area for AI and data technologies, and Guangzhou is currently accelerating the implementation of its ‘AI + Government’ strategy. This partnership reflects confidence in our data processing expertise and may serve as a meaningful step toward our long-term public sector growth. We plan to continue investing in government AI research and development and expect to explore opportunities to work with the GMGADA and other ecosystem partners to explore innovative AI applications in urban governance, public services, and scientific decision-making. We believe our experience in data governance, intelligent analytics, and business process automation positions us well to contribute to future government AI initiatives while further expanding our presence in the public sector."
About Youxin Technology Ltd
Youxin Technology Ltd is a SaaS and PaaS provider committed to helping retail enterprises digitally transform their businesses through its cloud-based SaaS product and PaaS platform. The Company provides customized, comprehensive and fast-deployment omnichannel digital solutions to its customers. For more information, please visit the Company's website: https://ir.youxin.cloud.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
For more information, please contact:
Youxin Technology Ltd
Investor Relations Department
Email: [email protected]
BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (Nasdaq: ENTG), a leading supplier of critical advanced materials and process solutions for the semiconductor and other high-technology industries, today announced that its board of directors has authorized a quarterly cash dividend of $0.10 per share to be paid on August 19, 2026, to shareholders of record on the close of business on July 29, 2026. ABOUT ENTEGRIS Entegris is a leading supplier of critical advanced materials and process solution.
NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) today announced that it will issue its second-quarter financial results on Wednesday, August 5, 2026 at approximately 7:00 a.m. E.T. by posting the results on the Company's investor relations website at investors.nytco.com. At that time, the Company will issue an advisory release over a newswire service to announce that the results have been posted and are available on the Company's website at investors.nytco.com. The Company's e.
ARLINGTON, Va., July 15, 2026 (GLOBE NEWSWIRE) -- Leonardo DRS, Inc. (Nasdaq: DRS) announced today the company has signed a contract to supply more than 50,000 Tenum® Orbit™ thermal imaging cameras under a blanket purchase agreement, marking a major production milestone for the company and underscoring growing demand for advanced thermal imaging technology across emerging mission applications.
The agreement positions Leonardo DRS to support high-volume customer requirements for compact, high-performance thermal imaging systems used in applications including unmanned systems and other rapidly evolving platforms. It also reflects customer confidence in the company’s manufacturing capacity and ability to deliver sophisticated sensing technologies at scale.
“This agreement demonstrates the strength of our thermal imaging technology and our readiness to deliver at scale,” said Jerry Hathaway, senior vice president and general manager of the Leonardo DRS EO/IS business unit. “We have made strategic investments in our production capabilities so we can respond quickly and reliably to growing customer demand across a wide range of mission applications.”
Developed for high-volume production across multiple end uses, including drones, the Tenum® Orbit™ thermal imaging module is backed by Leonardo DRS investments in factory infrastructure and manufacturing capacity designed to support annual production in the hundreds of thousands of units. The Tenum® Orbit™ is also designed to support exportability and compliance with applicable international trade regulations, helping customers integrate advanced thermal imaging technology more efficiently across global markets.
About Leonardo DRS
Leonardo DRS, Inc. (Nasdaq: DRS) is at the forefront of developing transformative defense technologies using its proven agility and delivering innovative solutions for U.S. national security customers and allies worldwide. We specialize in rapidly providing high-performance, multi-domain capabilities across next-generation advanced sensing, network computing, force protection, and electric power and propulsion. Our reputation as a trusted provider is built on a continuous focus on practical innovation, delivering quality, and meeting our customers’ most demanding mission requirements. For further information on our complete range of capabilities, visit www.LeonardoDRS.com.
Forward-Looking Statements
This communication contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Those statements reflect current expectations, assumptions and estimates of future performance and economic conditions. The company cautions investors that any forward-looking statements which include contract values, contract performance and our development and production of products are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements.
Leonardo DRS Investor Relations Contact
Steve Vather
Senior Vice President, Corporate Development (M&A) and Investor Relations
+1 703 409 2906 [email protected]
Leonardo DRS Media Contact
Carrie Robinson
Vice President, Marketing and Corporate Communications
+1 321 266 7691 [email protected]
First Horizon National (FHN - Free Report) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.85%. A quarter ago, it was expected that this bank holding company would post earnings of $0.49 per share when it actually produced earnings of $0.53, delivering a surprise of +8.16%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
First Horizon, which belongs to the Zacks Banks - Southwest industry, posted revenues of $887 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.55%. This compares to year-ago revenues of $830 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
First Horizon shares have added about 7.6% since the beginning of the year versus the S&P 500's gain of 10.2%.
What's Next for First Horizon?While First Horizon 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 First Horizon was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.55 on $895.6 million in revenues for the coming quarter and $2.15 on $3.54 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, Banks - Southwest is currently in the top 19% 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.
BOK Financial (BOKF - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 20.
This Regional banking operator is expected to post quarterly earnings of $2.56 per share in its upcoming report, which represents a year-over-year change of +16.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
BOK Financial's revenues are expected to be $558.9 million, up 4.4% from the year-ago quarter.
Post Holdings remains a Strong Buy, driven by robust free cash flow, aggressive buybacks, and a resilient portfolio despite macro headwinds. POST's H1 '26 free cash flow rose to $270.3 million, with a projected FY26 FCF that could reach ~$698 million, for a P/FCF ratio near 5.6x. Management is prioritizing high-yield buybacks over debt repayment, recently authorizing an additional $600 million program after retiring ~15% of shares in H1.
RENO, Nev., July 15, 2026 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC) referred to herein as the ‘Company,’ the parent company of Plumas Bank, today announced record earnings during the second quarter of 2026 of $9.9 million or $1.43 per share, an increase of $3.6 million from $6.3 million or $1.07 per share during the second quarter of 2025. Diluted earnings per share increased to $1.41 per share during the three months ended June 30, 2026 up from $1.05 per share during the quarter ended June 30, 2025.
Return on average assets was 1.79% during the current quarter, up from 1.56% during the second quarter of 2025. Return on average equity increased to 15.0% for the three months ended June 30, 2026, up from 13.4% during the second quarter of 2025.
Net interest income increased by $7.8 million from $18.2 million during the three months ended June 30, 2025, to $26.0 million during the current quarter. The provision for credit losses decreased from $860 thousand during the second quarter of 2025 to $600 thousand during the current quarter.
Non-interest income increased by $390 thousand from $2.4 million during the three months ended June 30, 2025 to $2.8 million during the second quarter of 2026.
Non-interest expense increased by $3.5 million from $11.0 million during the second quarter of 2025 to $14.5 million during the current quarter.
The provision for income taxes increased by $1.3 million from $2.4 million, during the three months ended June 30, 2025 to $3.7 million during the current quarter. The average effective tax rate was 27.1% in both periods.
For the six months ended June 30, 2026, the Company reported net income of $19.7 million or $2.83 per share, an increase of $6.2 million from $13.5 million or $2.28 per share earned during the six months ended June 30, 2025. Earnings per diluted share increased to $2.79 during the six months ended June 30, 2026, up $0.54 from $2.25 during the first six months of 2025.
Return on average assets was 1.79% during the six months ended June 30, 2026, up from 1.67% during the first half of 2025. Return on average equity increased to 14.9% for the six months ended June 30, 2026, up from 14.7% during the first half of 2025.
Net interest income increased by $14.4 million from $36.7 million during the six months ended June 30, 2025, to $51.1 million during the current period. The provision for credit losses decreased from $1.1 million during the first half of 2025 to $270 thousand during the current period.
Non-interest income increased by $174 thousand from $5.6 million during the six months ended June 30, 2025 to $5.7 million during the first half of 2026.
Non-interest expense increased by $7.3 million from $22.5 million during the first half of 2025 to $29.8 million during the current period.
The provision for income taxes increased by $1.9 million from $5.2 million, or 27.8% of pre-tax income, during the six months ended June 30, 2025 to $7.1 million, or 26.5% of pre-tax income, during the current period.
Acquisition of Cornerstone Community Bank and Cornerstone Community Bancorp
Results for the six and three months ended June 30, 2026 include the acquisition of Cornerstone Community Bank (CCB), the wholly owned subsidiary of Cornerstone Community Bancorp (Cornerstone), effective July 1, 2025. Total assets acquired from Cornerstone, excluding purchase adjustments, were $658 million, gross loans totaled $478 million, and deposits totaled $580 million. Goodwill associated with the acquisition of Cornerstone was $18.7 million; the core deposit intangible was $11.6 million. In addition, the Company recorded a discount on the acquired loans totaling $15.5 million.
Balance Sheet Highlights
June 30, 2026 compared to June 30, 2025
Gross loans increased by $494 million, or 49%, to $1.5 billion.Total deposits increased by $518 million, or 38%, to $1.9 billion.Total equity increased by $79 million, or 41%, to $272 million.Book value per share increased by $6.54, or 20%, to $39.08. President’s Comments
Andrew J. Ryback, director, president, and chief executive officer of Plumas Bancorp, commented, "We are pleased to report another strong quarter of financial performance as we continued to build on the momentum generated throughout the past year. Our results reflect the strength of our relationship-based banking model and disciplined execution of our strategic priorities. Deposit growth, strong net interest income, and continued operating performance demonstrate the benefits of our expanded franchise and our ability to serve clients across a broader geographic footprint. We also continued to benefit from the high-quality customer relationships and talented employees who joined our organization through the Cornerstone acquisition.
Asset quality remains a key area of focus. While we continue to monitor economic conditions and individual credit relationships closely, we believe our loan portfolio remains well diversified and supported by prudent underwriting standards, strong client relationships, and experienced credit administration.
Our capital position continues to provide flexibility to support organic growth opportunities, return capital to shareholders through both dividends and our share repurchase program, and invest in initiatives that strengthen our long-term competitive position. I would like to thank our employees for their ongoing commitment and our shareholders for their continued confidence and support."
Loans, Deposits, Investments and Cash
Primarily reflecting the acquisition of Cornerstone, gross loans increased by $494 million, or 49%, from $1.0 billion at June 30, 2025, to $1.5 billion at June 30, 2026. Increases in loans included $353 million in commercial real estate loans, $81 million in commercial loans, $29 million in agricultural loans, $21 million in residential real estate loans, $13 million in equity lines, $11 million in consumer and other loans and $8 million in construction loans. These increases were partially offset by a decrease of $22 million in automobile loans.
At June 30, 2026, approximately 79% of the Company's loan portfolio was comprised of variable rate loans. The rates of interest charged on variable rate loans are set at specific increments in relation to the Company's lending rate or other indexes such as the published prime interest rate or U.S. Treasury rates and vary with changes in these indexes. Repricing frequencies on variable rate loans range from one day to several years, with the majority of commercial real estate loans repricing every five years. Approximately 77% of the variable rate loans are indexed to the five year T-Bill rate and reprice every five years. Loans indexed to the prime interest rate were approximately 20% of the Company’s variable rate loan portfolio; these loans reprice within one day to three months of a change in the prime rate.
Primarily reflecting the acquisition of Cornerstone, total deposits increased by $518 million, or 38% from $1.4 billion at June 30, 2025, to $1.9 billion at June 30, 2026. The increase in deposits includes increases of $196 million in demand deposits, $193 million in money market accounts, $14 million in savings accounts and $115 million in time deposits. At June 30, 2026, 46% of the Company’s deposits were in the form of non-interest-bearing demand deposits. The Company’s brokered deposits consisted of a single $10 million time deposit acquired from CCB, bearing an interest rate of 3.80%.
During the six months ended June 30, 2026 total deposits increased by $75 million, or 4%, of which $41 million represents accounts that were moved from repurchase agreements to money market deposits during the current quarter.
Total investment securities increased by $26 million from $440 million at June 30, 2025 to $466 million at June 30, 2026. Contributing to this increase was a $7 million decline in the unrealized loss position, from $21 million at June 30, 2025 to $14 million at June 30, 2026. The Company's investment security portfolio consists of debt securities issued by US Government agencies, US Government sponsored agencies and municipalities.
Primarily related to the increase in deposits, cash and due from banks increased by $56 million from $79 million at June 30, 2025, to $135 million at June 30, 2026.
Asset Quality
Nonperforming assets (which are comprised of nonperforming loans, other real estate owned (“OREO”) and repossessed vehicle holdings) at June 30, 2026, were $23.6 million, up from $13.7 million at June 30, 2025. Nonperforming assets as a percentage of total assets increased to 1.04% at June 30, 2026, up from 0.84% at June 30, 2025. OREO increased by $44 thousand from $91 thousand at June 30, 2025, to $135 thousand at June 30, 2026. Nonperforming loans were $23.5 million at June 30, 2026, and $13.7 million at June 30, 2025. Nonperforming loans as a percentage of total loans increased to 1.55% at June 30, 2026, up from 1.34% at June 30, 2025. Included in nonperforming loans was one loan totaling $1.6 million which was past due 90 days at June 30, 2026 and still accruing interest. This loan was paid in full in July 2026.
During the first half of 2026 the provision for credit losses totaled $270 thousand consisting of a provision for credit losses on loans of $200 thousand and an increase in the reserve for unfunded commitments of $70 thousand. This compares to a provision for credit losses of $1.1 million consisting of a provision for credit losses on loans of $1.1 million and a decrease in the reserve for unfunded commitments of $40 thousand during the six months ended June 30, 2025.
Net charge-offs totaled $419 thousand and $137 thousand during the six months ended June 30, 2026 and 2025, respectively. The allowance for credit losses totaled $19.7 million at June 30, 2026 and $14.2 million at June 30, 2025. The allowance for credit losses as a percentage of total loans was 1.30% and 1.39% at June 30, 2026 and 2025.
The following tables present the activity in the allowance for credit losses and the reserve for unfunded commitments during the six months ended June 30, 2026 and 2025 (in thousands).
Allowance for Credit LossesJune 30, 2026 June 30, 2025Balance, beginning of period$19,959 $13,196 Provision charged to operations 200 1,150 Losses charged to allowance (663) (506)Recoveries 244 369 Balance, end of period$19,740 $14,209 Reserve for Unfunded CommitmentsJune 30, 2026 June 30, 2025Balance, beginning of period$580 $620 Provision charged to operations 70 (40)Balance, end of period$650 $580 Borrowing and Repurchase Agreements
Short-term Borrowing Arrangements. The Company is a member of the Federal Home Loan Bank of San Francisco (FHLB) and can borrow up to $441 million from the FHLB secured by commercial and residential mortgage loans with carrying values totaling $707 million. Based on its current level of FHLB stock holdings the Company can borrow up to $326 million. To borrow the full $441 million in available credit the Company would need to purchase $3 million in additional FHLB stock. The Company is also eligible to borrow at the Federal Reserve Bank (FRB) Discount Window. At June 30, 2026, the Company could borrow up to $38 million at the Discount Window secured by investment securities with a fair value of $39 million. In addition to its FHLB borrowing line and the Discount Window, the Company has unsecured short-term borrowing agreements with two of its correspondent banks in the amounts of $50 million and $20 million. There were no outstanding borrowings to the FHLB, FRB Discount Window or the correspondent banks at June 30, 2026 and 2025.
Note Payable. Plumas Bancorp had outstanding borrowings of $14.3 million with a correspondent bank at June 30, 2026. This loan matures on January 25, 2035, and can be prepaid at any time. This borrowing bears interest at a fixed rate of 3.85% for the first 5 years and then beginning January 25, 2027 at a floating interest rate linked to WSJ Prime Rate for the remaining eight-year term. Interest expense recognized on this loan for the six-months ended June 30, 2026 and 2025, was $278 thousand and $290 thousand, respectively.
Subordinated Debentures. In connection with the acquisition of Cornerstone, the Company assumed $12 million of subordinated debentures, including $2 million of 4.75% Fixed-to-Floating Rate Subordinated Notes due November 30, 2035 (the “2035 Notes”). The 2035 Notes, which were issued in 2020, have a fixed interest rate of 4.75% for the first ten years and thereafter a quarterly variable interest rate equal to the then current three-month term Secured Overnight Financing Rate (“SOFR”) plus 4.14%. The remaining subordinated notes were called in 2025 and are no longer outstanding. Interest expense recognized on the subordinated notes for the six-months ended June 30, 2026, was $97 thousand.
Repurchase Agreements. The Company offers a repurchase agreement product for its larger customers which use securities sold under agreements to repurchase as an alternative to interest-bearing deposits. Securities sold under agreements to repurchase totaled $59 million and $15 million at June 30, 2026 and 2025, respectively. The balances at June 30, 2026, are secured by U.S. Government agency securities with a carrying amount of $85 million. The increase in repurchase agreements is primarily driven by the acquisition of Cornerstone. Cornerstone maintained reciprocal deposits with several customers which were converted to repurchase agreements in July 2025. Interest expense recognized on repurchase agreements for the six months ended June 30, 2026 and 2025, was $714 thousand and $31 thousand, respectively.
Liquidity
The Company manages its liquidity to provide the ability to generate funds to support asset growth, meet deposit withdrawals (both anticipated and unanticipated), fund customers' borrowing needs and satisfy maturity of short-term borrowings. The Company’s liquidity needs are managed using assets or liabilities, or both. On the asset side, in addition to cash and due from banks, the Company maintains an investment portfolio which includes unpledged U.S. Government-sponsored agency securities that are classified as available-for-sale. On the liability side, liquidity needs are managed by offering competitive rates on deposit products and the use of established credit lines.
The Company can borrow up to $441 million from the FHLB secured by commercial and residential mortgage loans with carrying values totaling $707 million. At June 30, 2026, the Company could borrow up to $38 million at the FRB Discount Window secured by investment securities with a fair value of $39 million. In addition to its FHLB borrowing line and the Discount Window, the Company has unsecured short-term borrowing agreements with two of its correspondent banks in the amounts of $50 million and $20 million. There were no outstanding borrowings to the FHLB, FRB Discount Window or the correspondent banks at June 30, 2026 and 2025.
Customer deposits are the Company’s primary source of funds. Total deposits increased by $518 million from $1.4 billion at June 30, 2025, to $1.9 billion at June 30, 2026. Deposits are held in various forms with varying maturities. The Company estimates that it has approximately $811 million in uninsured deposits which include uninsured deposits of Plumas Bancorp. Of this amount, $230 million represents deposits that are collateralized such as deposits of states, municipalities and tribal accounts.
The Company’s securities portfolio, Discount Window advances, FHLB advances, and cash and due from banks serve as the primary sources of liquidity, providing adequate funding for loans during periods of high loan demand. During periods of decreased lending, funds obtained from the maturing or sale of investments, loan payments, and new deposits are invested in short-term earning assets, such as cash held at the FRB and investment securities, to serve as a source of funding for future loan growth. Management believes that the Company’s available sources of funds, including borrowings, will provide adequate liquidity for its operations in the near future.
Shareholders’ Equity
Total shareholders’ equity increased by $79 million from $193 million at June 30, 2025, to $272 million at June 30, 2026. The $79 million includes stock issued in the acquisition of Cornerstone totaling $45 million, earnings during the twelve-month period totaling $36 million, a decrease in accumulated other comprehensive loss of $7 million and restricted stock and stock option activity totaling $3 million. These items were partially offset by the payment of cash dividends totaling $9 million and the purchase of 56 thousand shares of common stock under the Company’s stock repurchase plan totaling $3 million.
Net Interest Income and Net Interest Margin – Three Months Ended June 30, 2026
Driven primarily by growth in the loan portfolio mostly related to the acquisition of Cornerstone, net interest income increased by $7.8 million from $18.2 million during the three months ended June 30, 2025, to $26.0 million for the three months ended June 30, 2026. The increase in net interest income includes an increase of $9.7 million in interest income partially offset by an increase of $1.9 million in interest expense.
Interest and fees on loans increased by $9.2 million to $24.8 million related to an increase in average balance and an increase in yield. Average loan balances increased by $484 million, while the average yield on these loans increased by 47 basis points from 6.14% during the second quarter of 2025 to 6.61% during the current quarter. The increase in yield relates to several factors including the amortization of discount on purchased loans, the repricing of a portion of our commercial real estate loans most of which reprice every five years from the date of origination, the reversal of $344 thousand in accrued interest on a large loan relationship during the second quarter of 2025 and growth in fixed rate SBA loans which totaled $123 million at June 30, 2026, and $75 million at June 30, 2025. The weighted average rate earned on this portfolio at June 30, 2026, was 8.1%.
The amortization of discounts on loans acquired from Cornerstone totaled $1.3 million during the quarter an increase of $800 thousand from $500 thousand during the first quarter of 2026. The increase in amortization during the current quarter relates to an increase in prepayments on this portfolio. Partially offsetting the discount amortization was the reversal of approximately $375 thousand in interest on loans placed on nonaccrual during the current quarter. The average prime interest rate decreased from 7.5% during the second quarter of 2025 to 6.75% during the current quarter. Approximately 15% of the Company's loans are tied to the prime interest rate and most of these reprice within one to three months of a change in prime.
Interest earned on investment securities increased by $484 thousand related to an increase in yield on investment securities of 21 basis points to 4.29% and an increase in average balance of $24 million. The increase in investment yields is consistent with the partial restructuring of the investment portfolio during the fourth quarter of 2025 and market conditions. Average investment securities increased from $442 million during the three months ended June 30, 2025 to $466 million during the current period.
Interest earned on cash balances increased by $78 thousand related to an increase in average balance of $17 million partially offset by a decrease in average rate paid on cash balances of 73 basis points from 4.47% during the second quarter of 2025 to 3.74% during the current quarter. This decline in yield was mostly related to a decline in rate paid on balances held at the FRB. The average rate earned on FRB balances decreased from 4.40% during the second quarter of 2025 to 3.65% during the current quarter.
Interest expense on deposits increased by $1.6 million and is broken down by product type as follows: money market accounts - $844 thousand, savings deposits - $29 thousand and time deposits - $747 thousand. The increase in interest expense primarily relates to the growth in money market and time deposits related to the acquisition of Cornerstone. The average rate paid on interest-bearing deposits increased from 1.30% during the second quarter of 2025 to 1.59% during the current quarter and relates to an increase in the percentage of average money market and time deposits to average interest bearing deposits from 58% during the second quarter of 2025 to 68% during the current quarter as well as an increase in the average rate paid on these deposits.
The average rate paid on interest bearing liabilities increased from 1.33% during the 2025 quarter to 1.62% in 2026 related to the increase in the cost of interest bearing deposits and repurchase agreements. The average rate paid on repurchase agreements increased from 0.46% during the second quarter of 2025 to 1.48% during the current quarter.
Net interest margin for the three months ended June 30, 2026, increased 30 basis points to 5.13%, up from 4.83% for the same period in 2025.
Net Interest Income and Net Interest Margin – Six Months Ended June 30, 2026
Net interest income for the six months ended June 30, 2026 was $51.1 million, an increase of $14.4 million from the $36.7 million earned during the same period in 2025. The increase in net interest income includes an increase of $18.5 million in interest income partially offset by an increase of $4.1 million in interest expense.
Interest and fees on loans increased by $17.7 million related to increases in average balance and yield. The average balance of loans during the six months ended June 30, 2026 was $1.5 billion, an increase of $490 million from $1.0 billion during the same period in 2025. The average yield on loans increased by 38 basis points from 6.15% during the first six months of 2025 to 6.53% during the current period.
Interest on investment securities increased by $973 thousand related to an increase in yield of 18 basis points to 4.28% and an increase in average balance of $27 million to $470 million. The increase in investment yield is consistent with the partial restructuring of the investment portfolio during the fourth quarter of 2025 and market conditions.
Interest on cash balances declined by $195 thousand related to a decline in yield. The rate earned on cash balances declined by 73 basis points to 3.77%. The average balance in interest bearing cash remained unchanged at $53.8 million.
Primarily related to an increase in balance and rate paid on deposits and repurchase agreements, interest expense increased from $4.5 million during the six months ended June 30, 2025 to $8.6 million during the current period. The average rate paid on interest bearing liabilities increased from 1.24% during the 2025 period to 1.61% in 2026.
Interest expense on deposits increased by $3.3 million and is broken down by product type as follows: money market accounts - $1.6 million, savings deposits - $100 thousand and time deposits - $1.6 million. The average rate paid on interest-bearing deposits increased from 1.21% during the six months ended June 30, 2025 to 1.55% during the current period. Average interest-bearing deposits totaled $972 million during the first half of 2026, an increase of $274 million from $698 million during the first half of 2025.
Interest expense on repurchase agreements increased by $683 thousand related to an increase in average balance of $67.7 million and an increase in rate paid of 1.33%.
Net interest margin for the six months ending June 30, 2026 increased 19 basis points to 5.08%, up from 4.89% for the same period in 2025.
Non-Interest Income/Expense – Three Months Ended June 30, 2026
During the three months ended June 30, 2026, non-interest income totaled $2.8 million, an increase of $390 thousand from the three months ended June 30, 2025. Significant increases in non-interest income during the current quarter were $168 thousand in earnings on Bank Owned Life Insurance (BOLI) and $97 thousand in interchange income. Each of these items benefited from the acquisition of Cornerstone. Additionally, during the current period non-interest income included a gain of $104 thousand on sale of an OREO property.
During the three months ended June 30, 2026, total non-interest expense increased by $3.5 million from $11.0 million during the second quarter of 2025 to $14.5 million during the current quarter. Much of this increase was driven by the acquisition of Cornerstone. Salary and benefit expense increased by $2.0 million which includes an increase in salary expense of $1.2 million primarily related to an increase in Full-Time Equivalent (FTE) employees of 56 to 238 FTE at June 30, 2026 and to a much lesser extent merit and promotional increases. Primarily related to an increase in pre-tax income, bonus expense increased by $315 thousand.
Occupancy and equipment expense increased by $598 thousand from $2.0 million during the second quarter of 2025 to $2.6 million during the current quarter, primarily related to the acquisition of Cornerstone and to a lesser extent the sales/leaseback completed during the fourth quarter of 2025. Amortization of Core Deposit Intangible increased by $522 thousand related to the acquisition of Cornerstone. The largest reduction in non-interest expense was $481 thousand in merger expenses incurred during the second quarter of 2025.
Non-Interest Income/Expense – Six Months Ended June 30, 2026
During the six months ended June 30, 2026, non-interest income totaled $5.7 million, an increase of $174 thousand from the six months ended June 30, 2025. Significant increases in non-interest income during the current period were $278 thousand in FHLB dividends, $327 thousand in earnings on BOLI and $238 thousand in interchange income. Each of these items benefited from the acquisition of Cornerstone. Additionally, the FHLB paid a special dividend of $252 thousand during the first quarter of 2026. These increases were mostly offset by a $1.1 million settlement related to the Dixie Fire during the first quarter of 2025.
Primarily driven by the acquisition of Cornerstone, non-interest expense increased by $7.3 million from $22.5 million during the first half of 2025 to $29.8 million during the current period. The four largest increases were $3.8 million in salary and benefit expense, $1.3 million in occupancy and equipment expense, $1.1 million in amortization of core deposit intangible and $637 thousand in other.
Salary and benefit expense totaled $15.3 million during the current six month period and $11.4 million during the six months ended June 30, 2025. Salary expense increased by $2.1 million, mostly related to an increase in FTE. Related to an increase in pre-tax income, bonus expense increased by $595 thousand. Other significant increases in salary and benefit expense include $316 thousand in payroll taxes and $226 thousand in insurance expense.
Primarily related to the acquisition of Cornerstone and to a lesser extent the sales/leaseback completed during the fourth quarter of 2025, occupancy and equipment expenses increased by $1.2 million from $4.1 million during the first six months of 2025 to $5.3 million during the current period. Amortization of Core Deposit Intangible increased by $1.1 million related to the acquisition of Cornerstone. Other expense increased by $637 thousand related to a $726 thousand loss associated with two fraudulent wire transfers during the first quarter of 2026. The largest reduction in non-interest expense was $1.1 million in merger expenses incurred during the first half of 2025.
Plumas Bancorp is headquartered in Reno, Nevada. Plumas Bancorp’s principal subsidiary is Plumas Bank, which was founded in 1980. Plumas Bank is a full-service community bank headquartered in Quincy, California. The Bank operates nineteen branches: seventeen located in the California counties of Butte, Lassen, Modoc, Nevada, Placer, Plumas, Shasta, Sutter, and Tehama and two branches located in Nevada in the counties of Carson City and Washoe. The bank also operates two loan production offices located in Auburn, California and Klamath Falls, Oregon. Plumas Bank offers a wide range of financial and investment services to consumers and businesses and has received nationwide Preferred Lender status with the United States Small Business Administration. For more information on Plumas Bancorp and Plumas Bank, please visit our website at www.plumasbank.com.
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended and Plumas Bancorp intends for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.
Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Forward-looking statements involve significant risks and uncertainties, and actual results may differ materially from those presented, either expressed or implied, in this news release. Factors that might cause such differences include, but are not limited to: the Company's ability to successfully execute its business plans and achieve its objectives; changes in general economic and financial market conditions, either nationally or locally in areas in which the Company conducts its operations; changes in interest rates; continuing consolidation in the financial services industry; new litigation or changes in existing litigation; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company's operations or business; loss of key personnel; and changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies.
PLUMAS BANCORP
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)(Unaudited) As of June 30,
2026 2025 Dollar
Change Percentage
ChangeASSETS Cash and due from banks$135,546 $79,266 $56,280 71.0%Investment securities465,991 439,676 26,315 6.0%Loans, net of allowance for credit losses1,496,190 1,006,873 489,317 48.6%Premises and equipment, net23,763 12,065 11,698 97.0%Right-of-use assets27,985 23,912 4,073 17.0%Bank owned life insurance34,203 16,736 17,467 104.4%Core deposit intangible9,954 703 9,251 1315.9%Goodwill24,215 5,502 18,713 340.1%Accrued interest receivable and other assets59,897 43,784 16,113 36.8%Total assets$2,277,744 $1,628,517 $649,227 39.9% LIABILITIES AND SHAREHOLDERS’ EQUITY Deposits$1,885,065 $1,366,827 $518,238 37.9%Repurchase agreements59,217 14,940 44,277 296.4%Lease liabilities28,388 24,519 3,869 15.8%Accrued interest payable and other liabilities16,908 14,152 2,756 19.5%Borrowings16,033 15,000 1,033 6.9%Total liabilities2,005,611 1,435,438 570,173 39.7%Common stock74,702 29,803 44,899 150.7%Retained earnings211,013 183,954 27,059 14.7%Accumulated other comprehensive loss, net(13,582) (20,678) 7,096 34.3%Shareholders’ equity272,133 193,079 79,054 40.9%Total liabilities and shareholders’ equity$2,277,744 $1,628,517 $649,227 39.9% PLUMAS BANCORP
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except per share data)(Unaudited) FOR THE THREE MONTHS ENDED JUNE 30,2026 2025 Dollar
Change Percentage
Change Interest income$30,360 $20,633 $9,727 47.1%Interest expense4,353 2,450 1,903 77.7%Net interest income before provision for credit losses26,007 18,183 7,824 43.0%Provision for credit losses600 860 (260) (30.2)%Net interest income after provision for credit losses25,407 17,323 8,084 46.7%Non-interest income2,751 2,361 390 16.5%Non-interest expense14,504 11,012 3,492 31.7%Income before income taxes13,654 8,672 4,982 57.4%Provision for income taxes3,695 2,351 1,344 57.2%Net income$9,959 $6,321 $3,638 57.6% Basic earnings per share$1.43 $1.07 $0.36 33.6%Diluted earnings per share$1.41 $1.05 $0.36 34.3% PLUMAS BANCORP
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except per share data)(Unaudited) FOR THE SIX MONTHS ENDED JUNE 30,2026 2025 Dollar
Change Percentage
Change Interest income$59,727 $41,223 $18,504 44.9%Interest expense8,581 4,501 4,080 90.6%Net interest income before provision for credit losses51,146 36,722 14,424 39.3%Provision for credit losses270 1,110 (840) (75.7)%Net interest income after provision for credit losses50,876 35,612 15,264 42.9%Non-interest income5,748 5,574 174 3.1%Non-interest expense29,791 22,477 7,314 32.5%Income before income taxes26,833 18,709 8,124 43.4%Provision for income taxes7,111 5,208 1,903 36.5%Net income$19,722 $13,501 $6,221 46.1% Basic earnings per share$2.83 $2.28 $0.55 24.1%Diluted earnings per share$2.79 $2.25 $0.54 24.0% PLUMAS BANCORPSELECTED FINANCIAL INFORMATION(Dollars in thousands, except per share data)(Unaudited) Three Months Ended Six Months Ended 6/30/2026 3/31/2026 6/30/2025 6/30/2026 6/30/2025EARNINGS PER SHARE Basic earnings per share$1.43 $1.40 $1.07 $2.83 $2.28 Diluted earnings per share$1.41 $1.38 $1.05 $2.79 $2.25 Weighted average shares outstanding 6,966 6,984 5,929 6,975 5,920 Weighted average diluted shares outstanding 7,058 7,073 6,006 7,069 6,006 Cash dividends paid per share 1$0.33 $0.33 $0.30 $0.66 $0.60 PERFORMANCE RATIOS (annualized for the three months)
Return on average assets 1.79% 1.78% 1.56% 1.79% 1.67%Return on average equity 15.0% 14.9% 13.4% 14.9% 14.7%Yield on earning assets 5.99% 5.88% 5.48% 5.93% 5.49%Rate paid on interest-bearing liabilities 1.62% 1.60% 1.33% 1.61% 1.24%Net interest margin 5.13% 5.03% 4.83% 5.08% 4.89%Noninterest income to average assets 0.49% 0.55% 0.58% 0.52% 0.69%Noninterest expense to average assets 2.61% 2.79% 2.72% 2.70% 2.79%Efficiency ratio 2 50.4% 54.3% 53.6% 52.4% 53.1% 6/30/2026 3/31/2026 6/30/2025 12/31/2025 12/31/2024CREDIT QUALITY RATIOS AND DATA Allowance for credit losses$19,740 $19,321 $14,209 $19,959 $13,196 Allowance for credit losses as a percentage of total loans 1.30% 1.29% 1.39% 1.32% 1.30%Nonperforming loans$23,473 $14,167 $13,652 $15,089 $4,105 Nonperforming assets$23,633 $14,393 $13,747 $15,321 $4,307 Nonperforming loans as a percentage of total loans 1.55% 0.94% 1.34% 1.00% 0.40%Nonperforming assets as a percentage of total assets 1.04% 0.65% 0.84% 0.68% 0.27%Year-to-date net charge-offs$419 $237 $137 $442 $1,046 Year-to-date net charge-offs as a percentage of average loans (annualized) 0.06% 0.06% 0.03% 0.04% 0.11% CAPITAL AND OTHER DATA Common shares outstanding at end of period 6,964 6,975 5,934 6,959 5,903 Shareholders' equity$272,133 $265,392 $193,079 $261,076 $177,899 Book value per common share$39.08 $38.05 $32.54 $37.52 $30.14 Tangible common equity 3$237,964 $230,657 $186,874 $225,760 $171,606 Tangible book value per common share 4$34.17 $33.07 $31.49 $32.44 $29.07 Tangible common equity to total assets 10.4% 10.5% 11.5% 10.1% 10.6%Gross loans to deposits 80.4% 84.6% 74.7% 83.6% 74.1% PLUMAS BANK REGULATORY CAPITAL RATIOS Tier 1 Leverage Ratio 11.8% 11.6% 12.7% 11.1% 11.9%Common Equity Tier 1 Ratio 15.8% 15.5% 17.9% 14.8% 17.3%Tier 1 Risk-Based Capital Ratio 15.8% 15.5% 17.9% 14.8% 17.3%Total Risk-Based Capital Ratio 17.0% 16.7% 19.2% 16.0% 18.5%(1) The Company paid a quarterly cash dividend of $0.33 per share on May 15, 2026 and February 18, 2026 and a quarterly cash dividend of $0.30 per share on February 17, 2025, May 15, 2025, August 15, 2025 and November 17, 2025 and paid a quarterly cash dividend of $0.27 per share on February 15, 2024, May 15, 2024, August 15, 2024 and November 15, 2024.(2) Efficiency ratio is defined as noninterest expense divided by total revenue (net interest income and total noninterest income).(3) Tangible common equity is defined as common equity less core deposit intangibles and goodwill.(4) Tangible common book value per share is defined as tangible common equity divided by common shares outstanding. PLUMAS BANCORPSELECTED FINANCIAL INFORMATION (Dollars in thousands)(Unaudited) The following table presents for the three-month periods indicated the distribution of consolidated average assets, liabilities and shareholders' equity. For the Three Months Ended For the Three Months Ended 6/30/2026 6/30/2025 Average
Yield/ Average
Yield/ Balance
Interest
Rate Balance
Interest
Rate Interest-earning assets: Loans (2) (3)$1,504,438 $24,777 6.61% $1,020,004 $15,612 6.14%Investment securities 390,618 4,329 4.45% 369,624 3,913 4.25%Non-taxable investment securities (1) 75,412 659 3.51% 72,719 591 3.26%Interest-bearing deposits 63,781 595 3.74% 46,368 517 4.47%Total interest-earning assets 2,034,249 30,360 5.99% 1,508,715 20,633 5.48%Cash and due from banks 34,281 26,880 Other assets 163,174 87,117 Total assets$2,231,704 $1,622,712 Interest-bearing liabilities: Money market deposits 457,580 2,127 1.86% 287,707 1,283 1.79%Savings deposits 308,364 286 0.37% 298,989 257 0.34%Time deposits 221,275 1,491 2.70% 118,057 744 2.53%Total deposits 987,219 3,904 1.59% 704,753 2,284 1.30%Borrowings 16,027 176 4.40% 15,000 146 3.90%Other interest-bearing liabilities 74,023 273 1.48% 17,265 20 0.46%Total interest-bearing liabilities 1,077,269 4,353 1.62% 737,018 2,450 1.33%Non-interest-bearing deposits 842,509 659,554 Other liabilities 44,920 37,112 Shareholders' equity 267,006 189,028 Total liabilities & equity$2,231,704 $1,622,712 Cost of funding interest-earning assets (4) 0.86% 0.65%Net interest income and margin (5) $26,007 5.13% $18,183 4.83% (1) Not computed on a tax-equivalent basis.(2) Average nonaccrual loan balances of $14.2 million for 2026 and $4.1 million for 2025 are included in average loan balances for computational purposes.(3) Net costs included in loan interest income for the three-month periods ended June 30, 2026 and 2025 were $226 thousand and $196 thousand, respectively.(4) Total annualized interest expense divided by the average balance of total earning assets.(5) Annualized net interest income divided by the average balance of total earning assets. PLUMAS BANCORPSELECTED FINANCIAL INFORMATION (Dollars in thousands)(Unaudited) The following table presents for the six-month periods indicated the distribution of consolidated average assets, liabilities and shareholders' equity. For the Six Months Ended For the Six Months Ended 6/30/2026 6/30/2025 Average
Yield/ Average
Yield/ Balance
Interest
Rate Balance
Interest
Rate Interest-earning assets: Loans (2) (3)$1,505,631 $48,734 6.53% $1,016,008 $31,008 6.15%Investment securities 394,397 8,672 4.43% 369,376 7,840 4.28%Non-taxable investment securities (1) 76,056 1,315 3.49% 73,795 1,174 3.21%Interest-bearing deposits 53,834 1,006 3.77% 53,845 1,201 4.50%Total interest-earning assets 2,029,918 59,727 5.93% 1,513,024 41,223 5.49%Cash and due from banks 33,663 26,679 Other assets 164,290 86,732 Total assets$2,227,871 $1,626,435 Interest-bearing liabilities: Money market deposits 445,224 4,003 1.81% 283,469 2,429 1.73%Savings deposits 310,415 563 0.37% 311,151 463 0.30%Time deposits 215,912 2,925 2.73% 103,304 1,288 2.51%Total deposits 971,551 7,491 1.55% 697,924 4,180 1.21%Borrowings 16,583 375 4.56% 15,000 290 3.90%Other interest-bearing liabilities 86,946 715 1.66% 19,216 31 0.33%Total interest-bearing liabilities 1,075,080 8,581 1.61% 732,140 4,501 1.24%Non-interest-bearing deposits 840,276 670,961 Other liabilities 45,895 37,602 Shareholders' equity 266,620 185,732 Total liabilities & equity$2,227,871 $1,626,435 Cost of funding interest-earning assets (4) 0.85% 0.60%Net interest income and margin (5) $51,146 5.08% $36,722 4.89% (1) Not computed on a tax-equivalent basis.(2) Average nonaccrual loan balances of $14.4 million for 2026 and $3.9 million for 2025 are included in average loan balances for computational purposes.(3) Net costs included in loan interest income for the six-month periods ended June 30, 2026 and 2025 were $518 thousand and $471 thousand, respectively.(4) Total annualized interest expense divided by the average balance of total earning assets.(5) Annualized net interest income divided by the average balance of total earning assets. PLUMAS BANCORPSELECTED FINANCIAL INFORMATION(Dollars in thousands)(Unaudited) The following table presents the components of non-interest income for the three-month periods ended June 30, 2026 and 2025. For the Three Months Ended
June 30,
2026
2025
Dollar
Change Percentage
ChangeInterchange income$881 $784 97 12.4%Service charges on deposit accounts 813 781 32 4.1%Earnings on life insurance policies 276 108 168 155.6%Loan servicing fees 150 148 2 1.4%FHLB Dividends 104 135 (31) (23.0)%Other 527 405 122 30.1%Total non-interest income$2,751 $2,361 $390 16.5% The following table presents the components of non-interest expense for the three-month periods ended June 30, 2026 and 2025. For the Three Months Ended
June 30,
2026
2025
Dollar
Change Percentage
ChangeSalaries and employee benefits$7,520 $5,553 $1,967 35.4%Occupancy and equipment 2,648 2,050 598 29.2%Outside service fees 1,499 1,160 339 29.2%Amortization of Core Deposit Intangible 566 44 522 1186.4%Professional fees 399 219 180 82.2%Advertising and shareholder relations 374 273 101 37.0%Armored car and courier 283 224 59 26.3%Business development 250 188 62 33.0%Deposit insurance 247 180 67 37.2%Director compensation and expense 209 155 54 34.8%Telephone and data communication 146 124 22 17.7%Loan collection expenses 136 51 85 166.7%Merger and acquisition expenses - 481 (481) (100.0)%Other 227 310 (83) (26.8)%Total non-interest expense$14,504 $11,012 $3,492 31.7% PLUMAS BANCORPSELECTED FINANCIAL INFORMATION(Dollars in thousands)(Unaudited) The following table presents the components of non-interest income for the six-month periods ended June 30, 2026 and 2025. For the Six Months Ended
June 30,
2026
2025
Dollar
Change Percentage
ChangeInterchange income$1,712 $1,474 $238 16.1%Service charges on deposit accounts 1,598 1,486 112 7.5%FHLB Dividends 550 272 278 102.2%Earnings on life insurance policies 544 217 327 150.7%Loan servicing fees 332 334 (2) (0.6)%Other 1,012 1,791 (779) (43.5)%Total non-interest income$5,748 $5,574 $174 3.1% The following table presents the components of non-interest expense for the six-month periods ended June 30, 2026 and 2025. For the Six Months Ended
June 30,
2026
2025
Dollar
Change Percentage
ChangeSalaries and employee benefits$15,250 $11,433 $3,817 33.4%Occupancy and equipment 5,322 4,064 1,258 31.0%Outside service fees 2,956 2,424 532 21.9%Amortization of Core Deposit Intangible 1,147 87 1,060 1218.4%Professional fees 751 448 303 67.6%Advertising and shareholder relations 665 535 130 24.3%Armored car and courier 546 441 105 23.8%Deposit insurance 495 362 133 36.7%Business development 455 355 100 28.2%Director compensation and expense 384 321 63 19.6%Loan collection expenses 355 122 233 191.0%Telephone and data communication 291 298 (7) (2.3)%Merger and acquisition expenses - 1,050 (1,050) (100.0)%Other 1,174 537 637 118.6%Total non-interest expense$29,791 $22,477 $7,314 32.5% PLUMAS BANCORPSELECTED FINANCIAL INFORMATION(Dollars in thousands)(Unaudited) The following table shows the distribution of loans by type at June 30, 2026 and 2025. Percent of Percent of Loans in Each Loans in Each Balance at End Category to Balance at End Category to of Period Total Loans of Period Total Loans 6/30/26
6/30/26 6/30/25
6/30/25Commercial$162,128 10.7% $81,118 8.0%Agricultural 142,940 9.5% 113,850 11.2%Real estate – residential 32,223 2.1% 11,053 1.1%Real estate – commercial 1,026,049 67.9% 673,129 66.1%Real estate – construction & land 48,672 3.2% 40,798 4.0%Equity Lines of Credit 54,993 3.6% 41,620 4.1%Auto 29,616 2.0% 51,487 5.1%Other 15,552 1.0% 4,791 0.4%Total Gross Loans$1,512,173 100% $1,017,846 100% The following table shows the distribution of Commercial Real Estate loans at June 30, 2026 and 2025. Percent of Percent of Loans in Each Loans in Each Balance at End Category to Balance at End Category to of Period Total Loans of Period Total Loans 6/30/26
6/30/26 6/30/25
6/30/25Owner occupied$442,154 43.1% $294,765 43.8%Investor 583,895 56.9% 378,364 56.2%Total real estate - commercial$1,026,049 100% $673,129 100% The following table shows the distribution of deposits by type at June 30, 2026 and 2025. Percent of Percent of Deposits in Each Deposits in Each Balance at End Category to Balance at End Category to of Period Total Deposits of Period Total Deposits 6/30/26
6/30/26 6/30/25
6/30/25Non-interest bearing$864,075 45.8% $668,086 48.9%Money Market 474,436 25.2% 281,516 20.6%Savings 304,249 16.1% 290,440 21.2%Time 242,305 12.9% 126,785 9.3%Total Deposits$1,885,065 100% $1,366,827 100%
BOSTON, July 15, 2026 (GLOBE NEWSWIRE) -- Summer is still in full swing, but America’s favorite hard iced tea knows what's waiting on the other side… While the season is known for good times and bringing people together, the end of summer can tell a different story. In fact, divorce filings have been shown to skyrocket in late summer*, proving that when the summer fun fades, some relationships do, too.
Twisted Tea has been there for life's biggest moments: first dates, bachelor parties, new homes, nuptials, even vasectomies. And now, it's showing up for another milestone: the split.
Beginning today, Twisted Tea is introducing the Twisted Tea Split Pack, a limited-edition 12-pack engineered to divide cleanly down the middle, so you and your ex can divide your most important assets easily. The specially designed pack separates into two perfect six-packs with a single, satisfying tear. One side is labeled "Yours." The other is labeled "Mine." Because while the house, the dog, and the emotional baggage may be harder to sort out, at least the Twisted Tea is handled.
“Twisted Tea fans bring us along for some of the most memorable moments of their lives,” said Erica Taylor, senior brand director for Twisted Tea. “Every year, we're invited to hundreds of weddings, asked to sponsor countless bachelor parties, tagged in thousands of fan photos, and even receive requests to furnish new homes with Twisted Tea merch. So, it only felt right that we show up for another milestone our fans may experience – when things don't exactly go according to plan.”
Twisted Tea knows a split doesn’t just break hearts. It can break the budget, too. The average cost of an uncontested divorce in the U.S. runs about $5,000. So, Twisted Tea is giving that to one lucky Split Pack buyer to help kick off their next chapter, whether that means a new space, a new lawyer, or just a clean slate.
The limited-edition Twisted Tea Split Pack features Twisted Tea’s OG flavor that’s deliciously refreshing, made with real brewed tea, and makes any day better – even the tough ones! Beginning today, drinkers can snag their pack at Give Them Beer -- Twisted Tea Split Pack while supplies last. Every purchaser through August 4 will be automatically entered for a chance to win $5,000.
For more information, including where to find Twisted Tea near you, visit TwistedTea.com and follow @TwistedTea on social media.
About Twisted Tea Hard Iced Tea:
Twisted Tea, the No. 1 refreshing hard tea in the country, was founded in 2001 on the twisted promise that hard iced tea should taste like real iced tea. Incredibly smooth and refreshing, Twisted Tea is made with real brewed tea for a delicious, easy to drink hard tea available in a variety of flavors, including fan favorites, Original and Half & Half. For more information, visit www.twistedtea.com.
About The Boston Beer Company
The Boston Beer Company, Inc. (NYSE: SAM) began in 1984 brewing Samuel Adams beer and has since grown to become one of the largest and most respected craft brewers in the United States. We consistently offer the highest-quality products to our drinkers, and we apply what we've learned from making great-tasting craft beer to making great-tasting and innovative "beyond beer" products. Boston Beer Company has pioneered not only craft beer but also hard cider, hard seltzer, and hard tea. Our core brands include household names like Angry Orchard Hard Cider, Dogfish Head, Samuel Adams, Sun Cruiser, Truly Hard Seltzer, and Twisted Tea Hard Iced Tea. For more information, please visit https://www.bostonbeer.com/.
*Source: National Public Radio (NPR). "Divorces tend to spike in early spring and late summer. Here's why." Published June 5, 2025. Divorces tend to spike in early spring and late summer. Here's why.
TWISTED TEA SPLIT PACK
TWISTED TEA SPLIT PACK TWISTED TEA HARD ICED TEA INVENTS THE ONLY FAIR DIVORCE SETTLEMENT IN AMERICA
July 15, 2026 07:00 ET | Source: Axsome Therapeutics, Inc.
FDA sets PDUFA target action date of May 1, 2027
NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, today announced that the U.S. Food and Drug Administration (FDA) has accepted for filing the Company’s New Drug Application (NDA) for AXS-12 (reboxetine) for the treatment of cataplexy in narcolepsy. The FDA has set a Prescription Drug User Fee Act (PDUFA) target action date of May 1, 2027. The FDA also indicated that it does not currently plan to hold an advisory committee meeting to discuss the application.
About Narcolepsy
Narcolepsy is a serious and debilitating orphan neurological condition that causes dysregulation of the sleep-wake cycle and is characterized clinically by excessive daytime sleepiness, cataplexy, hypnagogic hallucinations, sleep paralysis, and disrupted nocturnal sleep.1-3 Cataplexy is seen in an estimated 70% of narcolepsy patients and is a sudden reduction or loss of muscle tone while a patient is awake, typically triggered by strong emotions such as laughter, fear, anger, stress, or excitement.4-5 Narcolepsy is a life-long condition that interferes with cognitive, psychological, and social functioning, increases the risk of work- and driving-related accidents, and is associated with a 1.5-fold higher mortality rate.6-8
About AXS-12
AXS-12 (reboxetine) is a highly selective and potent norepinephrine reuptake inhibitor and cortical dopamine modulator under development for the treatment of narcolepsy. AXS-12 is thought to modulate noradrenergic activity to maintain muscle tone during wakefulness, and noradrenergic and cortical dopaminergic signaling to promote wakefulness and cognition function. AXS-12 has been granted U.S. Food and Drug Administration (FDA) Orphan Drug Designation for the treatment of narcolepsy. AXS-12 is not approved by the FDA.
About Axsome Therapeutics
Axsome Therapeutics is a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) conditions. We deliver scientific breakthroughs by identifying critical gaps in care and develop differentiated products with a focus on novel mechanisms of action that enable meaningful advancements in patient outcomes. Our industry-leading neuroscience portfolio includes FDA-approved treatments for major depressive disorder, agitation associated with dementia due to Alzheimer’s disease, excessive daytime sleepiness associated with narcolepsy and obstructive sleep apnea, and migraine, as well as multiple novel product candidates addressing a broad range of serious neurological and psychiatric conditions that impact over 150 million people in the United States. Together, we are on a mission to solve some of the brain’s biggest problems so patients and their loved ones can flourish. For more information, please visit us at www.axsome.com and follow us on LinkedIn and X.
Forward Looking Statements
Certain matters discussed in this press release are “forward-looking statements”. The Company may, in some cases, use terms such as “predicts,” “believes,” “potential,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. In particular, the Company’s statements regarding trends and potential future results are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the commercial success of the Company’s SUNOSI®, AUVELITY®, and SYMBRAVO® products and the success of the Company’s efforts to obtain any additional indication(s) with respect to solriamfetol and/or AXS-05; the Company’s ability to maintain and expand payer coverage; the success, timing and cost of the Company’s ongoing clinical trials and anticipated clinical trials for the Company’s current product candidates, including statements regarding the timing of initiation, pace of enrollment and completion of the trials (including the Company’s ability to fully fund the Company’s disclosed clinical trials, which assumes no material changes to the Company’s currently projected revenues or expenses), futility analyses and receipt of interim results, which are not necessarily indicative of the final results of the Company’s ongoing clinical trials, and/or data readouts, and the number or type of studies or nature of results necessary to support the filing of a new drug application (“NDA”) for any of the Company’s current product candidates; the Company’s ability to fund additional clinical trials to continue the advancement of the Company’s product candidates; the timing of and the Company’s ability to obtain and maintain U.S. Food and Drug Administration (“FDA”) or other regulatory authority approval of, or other action with respect to, the Company’s product candidates, including statements regarding the timing of any NDA submission; the Company’s ability to successfully defend its intellectual property or obtain the necessary licenses at a cost acceptable to the Company, if at all; the Company’s ability to successfully resolve any intellectual property litigation, and even if such disputes are settled, whether the applicable federal agencies will approve of such settlements; the successful implementation of the Company’s research and development programs and collaborations; the success of the Company’s license agreements; the acceptance by the market of the Company’s products and product candidates, if approved; the Company’s anticipated capital requirements, including the amount of capital required for the commercialization of SUNOSI, AUVELITY, and SYMBRAVO and for the Company’s commercial launch of its other product candidates, if approved, and the potential impact on the Company’s anticipated cash runway; the Company’s ability to convert sales to recognized revenue and maintain a favorable gross to net sales; unforeseen circumstances or other disruptions to normal business operations arising from or related to domestic political climate, geo-political conflicts or a global pandemic and other factors, including general economic conditions and regulatory developments, not within the Company’s control. The factors discussed herein could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
American Academy of Sleep Medicine. The International Classification of Sleep Disorders. Third Edition (ICSD-3). 2014.National Institute of Neurological Disorders and Stroke. Narcolepsy. https://www.ninds.nih.gov/health-information/disorders/narcolepsy. Accessed September 2024.España RA, Scammell TE. Sleep neurobiology from a clinical perspective. Sleep. 2011 Jul 1;34(7):845-58.Narcolepsy Network. About Narcolepsy. https://narcolepsynetwork.org/about-narcolepsy/. Accessed September 2024.Swick TJ. Treatment paradigms for cataplexy in narcolepsy: past, present, and future. Nat Sci Sleep. 2015 Dec 11;7:159-69.Tadrous R, O'Rourke D, Mockler D, Broderick J. Health-related quality of life in narcolepsy: A systematic review and meta-analysis. J Sleep Res. 2021 Dec;30(6):e13383.Patil SP, Ayappa IA, Caples SM, Kimoff RJ, Patel SR, Harrod CG. Treatment of Adult Obstructive Sleep Apnea With Positive Airway Pressure: An American Academy of Sleep Medicine Systematic Review, Meta-Analysis, and GRADE Assessment. J Clin Sleep Med. 2019 Feb 15;15(2):301-334.Ohayon MM, Black J, Lai C, Eller M, Guinta D, Bhattacharyya A. Increased mortality in narcolepsy. Sleep. 2014 Mar 1;37(3):439-44.
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15.07.2026 15:01BlackRock hlásí silný kvartál. Výsledky táhly ETF a rekordní marže 14:57Z výsledků ASML nejvíce vyčnívá výrazně vylepšený výhled tržeb 14:45Německá vláda do roku 2030 seškrtá z klimatického fondu přes 30 miliard eur 12:47Souboj platebních gigantů. Stripe chce ovládnout PayPal 10:27OpenAI zamíří do domácností s přenosným AI společníkem. Applu se to nelíbí 9:15Rozbřesk: Ceny v USA vykázaly v červnu největší pád od začátku covidu 8:44ASML překvapilo silnými výsledky, IBM doplatilo na přesun investic do AI hardwaru 6:07Evropský automotive pod tlakem dvojího čínského šoku 14.07.2026 22:04Wall Street povzbudila inflace, a tak technologie opět převzaly iniciativu 17:16Rozšiřování AI dominance a tečka za dlouhodoou stagnací 15:43Červnová inflace v USA překvapila. Klesla na 3,5 procenta 15:40Jaké jsou skutečné zájmy Číny a jak moc její konkurence ovlivní hospodaření amerických firem? 14:27Citi překonala všechny odhady zisku s tím, jak přestavba pod vedením CEO Fraserové nabírá na obrátkách 14:02Goldman Sachs těžila z tržní volatility, obchodování s akciemi bylo znovu rekordní 14:01IBM po předběžných výsledcích prudce padá. V pre-marketu odepsalo přes 20 % 13:26Obchodní divize Bank of America hlásí nejúspěšnější půlrok v její historii 12:53JPMorgan ve druhém čtvrtletí výrazně překonala očekávání, pomohlo obchodování s akciemi 12:08Ve Spojených státech sílí odpor k datovým centrům, hledají se alternativy 10:15Wells Fargo: Odklon od streamingu by mohl akcie Disney zvednout o 40 procent 9:59Export z Číny díky zájmu o umělou inteligenci vzrostl nejvíce od roku 2021
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BlackRock předvedl jeden z nejsilnějších kvartálů za poslední roky. Největší správce aktiv na světě překonal odhady Wall Street v oblasti zisků, tržeb i přílivu nových peněz. Akcie na výsledky reagují růstem v pre-marketu o čtyři procenta.
Na konci června spravoval BlackRock aktiva v hodnotě 15,3 bilionu dolarů, což představuje meziroční nárůst o 22 %. Ve druhém čtvrtletí klienti do fondů společnosti vložili čistě 192 miliard dolarů, přičemž příliv kapitálu táhly především ETF fondy, dluhopisové strategie a soukromé trhy. Přibližně 43 % spravovaných aktiv připadá na institucionální klientelu, 41 % tvoří ETF a necelých 10 % retailoví investoři.
Očištěný zisk na akcii dosáhl ve druhém čtvrtletí 13,91 dolaru, zatímco tržby meziročně vzrostly o 31 % na 7,1 miliardy dolarů. Očištěná provozní marže se zvýšila na 45,9 %, nejvýše za téměř pět let.
Výsledky na druhé straně částečně tlumil růst nákladů, které meziročně vzrostly o 25 %. Nejvýrazněji se na něm podílely vyšší náklady na zaměstnanecké kompenzace, zatímco dvouciferným tempem rostly i výdaje na prodej a distribuci produktů.
Přes vyšší nákladovou základnu hodnotí analytici výsledky jednoznačně pozitivně. Glenn Schorr z Evercore ISI označil druhý kvartál za období, kdy šlo téměř vše správným směrem. Podle něj BlackRock roste ze všech úhlů a právě tento kvartál by mohl ukončit dlouhodobý rozpor mezi zlepšujícími se provozními ukazateli firmy a slabším výkonem její akcie.
Alex Bond z KBW upozornil, že očištěný provozní zisk na akcii překonal jak jejich vlastní odhady, tak tržní konsenzus. Hlavní důvod vidí ve vyšším průměrném objemu aktiv pod správou, k němuž přispěl silný růst akciových trhů během druhého čtvrtletí.
Bill Katz z TD Cowen uvedl, že pozitivní překvapení přinesla jak provozní, tak neprovozní část výsledků. Na provozní úrovni pomohly především vyšší výnosy ze zapůjčování cenných papírů a růst výkonnostních poplatků. Současně vyzdvihl robustní dlouhodobé přítoky kapitálu napříč platformou BlackRock, přestože upozornil na mírný pokles průměrných poplatkových sazeb.
Optimismus analytiků se odráží také v cílových cenách. Podle konsenzu agentury Bloomberg činí průměrná cílová cena akcií BlackRocku 1 269 dolarů, což implikuje potenciál růstu přesahující 20 %. Vzhledem k výraznému překonání očekávání navíc nelze vyloučit další úpravy cílových cen směrem vzhůru.
To by mohlo znamenat obrat i z pohledu dlouhodobé výkonnosti akcií. Za posledních pět let totiž akcie BlackRocku posílily pouze o 17 %, zatímco index S&P 500 za stejné období vzrostl přibližně o 74 %.
Curaleaf retail footprint grows to 74 Florida locations and 166 nationwide
, /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, today announced the opening of its newest Florida dispensary on Friday, July 17 located at 2115 S Ridgewood Ave., Edgewater, FL. With this opening, the Company's Florida footprint expands to 74 locations and brings its total nationwide store count to 166.
Located in the heart of Edgewater's scenic waterfront community, Curaleaf Edgewater sits among local businesses and amenities and within close proximity to Bottle Island and Veterans Memorial Park. The dispensary offers a range of brands with a variety of form factor options, including Curaleaf's Florida-inspired Reef flower, Anthem pre-rolls, Dark Heart ultra-premium flower, Grassroots premium flower, and new options from Select, including the new 2-gram, all-in-one Briq 2 vape with Flavor Protection Technology™.
"Our new Curaleaf Edgewater location marks our 74th Florida medical dispensary and our second location in Volusia County," said Boris Jordan, Chairman and CEO of Curaleaf. "As we continue expanding our footprint across the state, we remain focused on serving the growing medical cannabis community with trusted products designed with Florida patients in mind. With the medical cannabis market serving approximately 4% of the state population, our expansion plans are centered on identifying areas across Florida that could benefit from greater access amid the evolving regulatory backdrop."
A grand opening celebration will take place at Curaleaf Edgewater on Friday, July 24th and Saturday, July 25, from 9:00 a.m. to 8:30 p.m. The celebration will include a ribbon cutting ceremony, exclusive custom merch, the chance to win a grow tour, hourly giveaways, and limited time offers throughout the weekend. The location will operate regularly from 9:00 a.m. to 8:30 p.m. Monday through Saturday, and 10:00 a.m. to 7:00 p.m. ET on Sunday.
For more information on Curaleaf's Florida dispensaries, products, and patient resources, please visit https://curaleaf.com/dispensary/florida.
About Curaleaf Holdings
Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf") is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, Grassroots, Find, Dark Heart, and Anthem provide industry-leading service, product selection and accessibility across the medical and adult use markets. Curaleaf International is powered by a strong presence in all stages of the supply chain. Its unique distribution network throughout Europe, Canada and Australasia brings together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Toronto Stock Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com.
Forward Looking Statements
This media advisory contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", "expects" or "proposed", "is expected", "intends", "anticipates", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward-looking statements and information concerning the opening of a dispensary in Edgewater, Florida. Such forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest annual information form filed on February 26, 2026, which is available under the Company's SEDAR profile at http://www.sedar.com, and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. The Toronto Stock Exchange has not reviewed, approved or disapproved the content of this news release.
Fifth Third Bancorp (NYSE:FITB) will release its second quarter earnings report before the opening bell on Friday, July 17.
Analysts expect the Cincinnati, Ohio-based company to report quarterly earnings of 84 cents per share, down from 88 cents per share in the year-ago period. The consensus estimate for Fifth Third Bancorp’s quarterly revenue is $3.25 billion. It reported $2.25 billion last year, according to Benzinga Pro.
On June 17, Fifth Third announced the launch of an AI‑powered experience within its mobile app.
Shares of Fifth Third Bancorp fell 0.2% to close at $57.05 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying FITB stock? Here’s what analysts think:
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PNC Financial logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesJuly 15 (Reuters) - U.S. bank PNC Financial (PNC.N), opens new tab reported record quarterly revenue on Wednesday, boosted by robust capital markets activity and its acquisition of regional lender FirstBank.
Dealmaking on Wall Street has accelerated in 2026 as companies take advantage of a more relaxed regulatory environment to pursue scale.
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PNC completed the $4.1 billion acquisition of FirstBank in January, bolstering presence in Colorado and Arizona.
Its capital markets and advisory revenue surged 80% over the year earlier to $577 million during the second quarter, underpinned by record M&A advisory fees and strong activity across other businesses.
During the period, PNC's Harris Williams advised electrical equipment maker Hubbell (HUBB.N), opens new tab on the $3 billion acquisition of NSI Industries.
Net interest income, the difference between what a bank earns on loans and pays out on deposits, jumped 16% to $4.11 billion, driven by strong loan growth, the FirstBank acquisition and lower deposit costs.
The results reflect the broad-based strength of the U.S. economy. Robust consumer spending has kept credit quality strong and boosted loan demand.
Average loans rose 13% during the quarter, while net interest margin — a key measure of profitability — expanded 16 basis points.
Profit jumped 25% to $2.06 billion, or $4.81 per share, in the three months ended June 30. Revenue increased 21% to $6.88 billion.
BOND PORTFOLIO REJIGPNC booked a one-time gain of $448 million during the quarter, after monetizing a portion of its long-held stake in card giant Visa (V.N), opens new tab.
Several U.S. banks have used one-time gains, including those from asset sales, in recent years to rejig their bond securities portfolio and soften the hit from selling securities.
PNC took a $139 million hit after repositioning about $4 billion of investment securities into higher-yielding paper in the quarter. It had implemented a similar strategy in 2024.
Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shilpi Majumdar
Our Standards: The Thomson Reuters Trust Principles., opens new tab
The PNC Financial Services Group, Inc (PNC - Free Report) came out with quarterly earnings of $4.85 per share, beating the Zacks Consensus Estimate of $4.51 per share. This compares to earnings of $3.85 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +7.54%. A quarter ago, it was expected that this company would post earnings of $4.12 per share when it actually produced earnings of $4.32, delivering a surprise of +4.85%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
The PNC Financial Services Group, which belongs to the Zacks Financial - Investment Bank industry, posted revenues of $6.9 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 7.13%. This compares to year-ago revenues of $5.69 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
The PNC Financial Services Group shares have added about 20.7% since the beginning of the year versus the S&P 500's gain of 10.2%.
What's Next for The PNC Financial Services Group?While The PNC Financial Services Group has outperformed 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 The PNC Financial Services Group was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $4.89 on $6.58 billion in revenues for the coming quarter and $18.83 on $25.9 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, Financial - Investment Bank is currently in the top 22% 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.
Robinhood Markets, Inc. (HOOD - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on July 29.
This company is expected to post quarterly earnings of $0.40 per share in its upcoming report, which represents a year-over-year change of -4.8%. The consensus EPS estimate for the quarter has been revised 6.7% higher over the last 30 days to the current level.
Robinhood Markets, Inc.'s revenues are expected to be $1.23 billion, up 23.9% from the year-ago quarter.
Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 15:
Venture Global, Inc. (VG - Free Report) : This liquefied natural gas company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 9.8% over the last 60 days.
Venture Global has a price-to-earnings ratio (P/E) of 9.27, compared with 22.90 for the S&P 500. The company possesses a Value Score of A.
NGL Energy Partners LP (NGL - Free Report) : This company that transports, stores, markets, and disposes crude oil, natural gas liquids, and produced water carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.4% over the last 60 days.
NGL Energy has a price-to-earnings ratio (P/E) of 18.89, compared with 22.90 for the S&P 500. The company possesses a Value Score of B.
Virtu Financial, Inc. (VIRT - Free Report) : This financial services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 9% over the last 60 days.
Virtu has a price-to-earnings ratio (P/E) of 10.40, compared with 22.90 for the S&P 500. The company possesses a Value Score of B.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Learn more about the Value score and how it is calculated here.
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
BlackBerry Limited (BB - Free Report) : This software and services company has seen the Zacks Consensus Estimate for its next year earnings increasing 9.5% over the last 60 days.
NGL Energy Partners LP (NGL - Free Report) : This company that transports, stores, markets, and disposes crude oil, natural gas liquids, and produced water has seen the Zacks Consensus Estimate for its next year earnings increasing 20.4% over the last 60 days.
Venture Global, Inc. (VG - Free Report) : This liquefied natural gas company has seen the Zacks Consensus Estimate for its next year earnings increasing 9.8% over the last 60 days.
Forgent Power Solutions, Inc. (FPS - Free Report) : This designer of electrical distribution equipment and power infrastructure for data centers, utilities, and industrial facilities has seen the Zacks Consensus Estimate for its next year earnings increasing 8.7% over the last 60 days.
Virtu Financial, Inc. (VIRT - Free Report) : This financial services company has seen the Zacks Consensus Estimate for its next year earnings increasing 9% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
NEW YORK--(BUSINESS WIRE)--BitGo Prime, LLC (“BitGo Prime”), a subsidiary of BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), the digital asset infrastructure company, today announced the addition of Virtu Financial (NASDAQ: VIRT) (“Virtu”) to its global liquidity network, strengthening liquidity access and execution quality. Virtu is a leading provider of multi-asset liquidity and innovative, transparent products across the investment cycle to the global financial markets. BitGo Prime provides cli.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Peabody (NYSE: BTU) will announce results for the quarter ended June 30, 2026. A conference call with management is scheduled for 10 a.m. CT on Wednesday, July 29, 2026.
Interested participants may access the call using the following phone numbers:
U.S. Toll Free 1 833 816 1387 Canada Toll Free 1 855 669 9657 International Toll 1 412 317 0480 The call will also be webcast and accessible via the homepage at www.peabodyenergy.com or by clicking here. Following the live event, a replay will be available on the site.
Peabody's second quarter 2026 earnings release will be distributed via PR Newswire before the market opens on July 29th and will be posted to the company's website at that time.
About Peabody:
Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com.
1. PayPal Surges on Joint Buyout Bid Reuters reports PayPal (PYPL 0.68%) has received a takeover bid from Stripe and Advent International, valuing the company around $53 billion, as Stripe continues to move forward with an inorganic growth strategy. Recommended by both Team Hidden Gems and Team Rule Breakers, PayPal jumped over 15% in pre-market trading.
$60.50 offer per share represents a 28% premium to Tuesday's closing price: Stripe and Advent would take an equal equity stake in PayPal and do not plan to break up the company, with financing reportedly already secured. "The turnaround that never came": Alongside TMF co-founder and CEO Tom Gardner, Fool contributing analyst Tim Green talked through PayPal's problems in late June. They said "the growth reacceleration we expected never materialized, and now the bottom line is contracting as the company struggles through a prolonged turnaround." 2. ASML Benefits as AI Surge Drives Guidance Up ASML (ASML +3.31%) moved about 5% higher ahead of the opening bell after delivering strong quarterly earnings ahead of market expectations and raising full-year sales guidance for the second time this year.
Clients continue to "accelerate their capacity expansion plans": CEO Christophe Fouquet explained higher demand "is translating into customer commitments across our product portfolio, providing ASML with increased visibility into longer-term demand." Europe's most valuable company continues to expand: ASML remains the only company globally making extreme ultraviolet lithography machines needed to produce advanced semiconductors. The stock is outperforming the S&P 500 by 134% since the May 2022 Stock Advisor rec by Team Rule Breakers.
3. Next Up: Foolish Recs Lead Earnings Deluge
Cintas (CTAS +0.30%) reports before the market opens, as the SA rec by Team Hidden Gems aims to build on the multiple business wins from last quarter. Focus will be on the high growth First Aid and Safety Services division. BlackRock (BLK 0.59%) rose around 1.5% ahead of the opening bell thanks to results showing a 31% revenue increase following the 27% gain from last quarter, driven by higher performance fees and subscription revenue for the Team Rule Breakers rec. Progressive (PGR 3.65%) – a Team Hidden Gems rec – also reports this morning, as previewed in Monday's Breakfast News. Karooooo (KARO +1.17%) is due to deliver results after the market closes. Further Cartrack subscription growth could help performance, although margin compression is becoming more of a focus point for the Team Hidden Gems rec. The harsh decline in the stock price on Tuesday suggests that investors are now labeling IBM (IBM 25.21%) an AI loser. This seems premature. Shortages and soaring prices of memory chips and other components are a temporary problem, albeit one that could persist for a while as AI infrastructure capex shows no signs of letting up. Longer sales cycles are a potentially more serious problem, suggesting that clients may be taking a more cautious stance on IT spending.
While IBM's preliminary results disappointed investors, the company has been successfully adapting for more than a century. A full-year guidance cut could be coming on July 22 when IBM reports its full results, so be prepared for that. For long-term investors, this isn't the end of the world. IBM's unique mix of enterprise AI software and consulting still looks like a winning strategy, although the road may be a bit bumpier than expected.
5. Today's Take: 5 Years and Never Looking Back
I stopped trying to "value" Amazon (AMZN +0.18%) years ago -- because every time I decide the growth story is maturing, the company grows a new limb. First AWS, then a $70-billion advertising arm, now custom AI silicon. That shape-shifting is why I have never seriously considered selling.-- Yasser El-Shimy Team Rule Breakers
6. Your Take IBM stock is now down 23.5% over the past year. Meanwhile, the S&P 500 is up 21% over the same period.
Name a company you own and have high conviction in to beat the market over the next three to five years that has lagged the index in the past 12 months, and explain why you retain that faith.
Debate with friends and family, or become a member to hear what your fellow Fools are saying!
This image and article was created using Large Language Models (LLMs) based on The Motley Fool's insights and investing approach. It has been reviewed by our AI quality control systems. Since LLMs cannot (currently) own stocks, it has no positions in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML, Amazon, BlackRock, International Business Machines, Karooooo, PayPal, and Progressive. The Motley Fool recommends Cintas and recommends the following options: short September 2026 $47.50 calls on PayPal. The Motley Fool has a disclosure policy.
MAYFIELD VILLAGE, OHIO, July 15, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended June 30, 2026:
JuneQuarter(millions, except per share amounts and ratios; unaudited) 2026 2025 Change 2026 2025 ChangeNet premiums written$6,772 $6,605 3 %$21,077 $20,076 5 %Net premiums earned$7,100 $6,954 2 %$21,573 $20,310 6 %Net income$779 $1,124 (31)%$3,311 $3,175 4 %Per share available to common shareholders$1.34 $1.91 (30)%$5.67 $5.40 5 %Total pretax net realized gains (losses) on securities$(13) $179 (107)%$604 $387 56 %Combined ratio 90.0 86.6 3.4 pts. 87.3 86.2 1.1 pts.Average diluted equivalent common shares 583.1 588.0 (1) % 584.2 587.8 (1)% June 30,(thousands; unaudited)
2026 2025 % ChangePolicies in Force Personal Lines Agency – auto11,211 10,423 8Direct – auto16,721 15,245 10Special lines7,297 6,850 7Property3,631 3,608 1Total Personal Lines38,860 36,126 8Commercial Lines1,226 1,189 3Total40,086 37,315 7
See Progressive’s complete monthly earnings release for additional information.
About Progressive
Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.
Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is a leading seller of personal auto, commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers in the United States.
Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.
The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.
PDF available: Progressive June 2026 Complete Earnings Release
BEDMINSTER, N.J., July 15, 2026 (GLOBE NEWSWIRE) -- Freshpet, Inc. (Nasdaq: FRPT) (“Freshpet” or the “Company”) today announced it will report results for the second quarter ended June 30, 2026 on Wednesday, August 5, 2026 before market open.
The Company will host a conference call with members of the executive management team to discuss these results with additional comments and details. The conference call is scheduled to begin at 8:00 a.m. ET on Wednesday, August 5, 2026. To participate on the live call, listeners in North America may dial (844) 825-9789 and international listeners may dial (412) 317-5180.
In addition, the call will be broadcast live over the Internet, hosted on the “Investors” section of the Company's website at www.freshpet.com and will be archived online. A telephonic playback will be available from 12 p.m. ET, August 5, 2026, through August 19, 2026. North American listeners may dial (844) 512-2921 and international listeners may dial (412) 317-6671; the passcode is 10210593.
About Freshpet
Freshpet's mission is to help dogs and cats live longer, happier, healthier lives with the people who love them. Developed by on-staff Veterinary Nutritionists, Veterinarians and Food Scientists, recipes are made from whole ingredients, like fresh meats, vegetables and fruits, and are cooked in small batches at lower temperatures to preserve their natural goodness and made at our Freshpet Kitchens. Freshpet foods and treats are kept refrigerated until they arrive at Freshpet Fridges in local markets or delivered directly to consumers.
Freshpet is available in select grocery, mass, digital, pet specialty, and club retailers across the United States, Canada and Europe, as well as online in the U.S. From the care they take to source their ingredients and make their food, to the moment it reaches your home, Freshpet's commitment to integrity, transparency and social responsibility is a point of pride. To learn more, visit www.freshpet.com.
Truist Financial Corporation (NYSE:TFC) will release its second quarter earnings report before the opening bell on Friday, July 17.
Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings of $1.08 per share, up from 93 cents per share in the year-ago period. The consensus estimate for Truist Financial’s quarterly revenue is $5.24 billion. It reported $5.04 billion last year, according to Benzinga Pro.
On June 15, Truist Financial named Michael P. Lyons as CEO, effective Sept. 1, succeeding Bill Rogers.
Shares of Truist Financial closed at $51.95 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying TFC stock? Here’s what analysts think:
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Market News and Data brought to you by Benzinga APIs
Earnings Release and Conference Call Scheduled for August 5, 2026 July 15, 2026 08:00 ET | Source: Sunrun Inc.
SAN FRANCISCO, July 15, 2026 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN) today announced that it will issue its second quarter 2026 earnings report after the market closes on Wednesday, August 5, 2026. A conference call has been scheduled to discuss these earnings results at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time.
The conference call can be accessed live via the Sunrun Investor Relations website at https://investors.sunrun.com. An audio replay will be available following the call on the Sunrun Investor Relations website for approximately one month and a transcript of the conference call will be posted to the Sunrun Investor Relations website the following day.
Event: Sunrun 2Q 2026 Earnings CallDate: Wednesday, August 5, 2026Call Time: 4:30PM ET / 1:30PM PTDial-in (toll-free/toll): (877) 407-5989 / (201) 689-8434Webcast / Replay: https://investors.sunrun.com
About Sunrun
Sunrun Inc. (Nasdaq: RUN) is America’s largest provider of home battery storage, solar, and home-to-grid power plants. As the pioneer of home energy systems offered through a no-upfront-cost subscription model, Sunrun empowers customers nationwide with greater energy control, security, and independence. Sunrun supports the grid by providing on-demand dispatchable power that helps prevent blackouts and lower energy costs. Learn more at www.sunrun.com.
RICHMOND, Va., July 15, 2026 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, will host a conference call on Wednesday, August 5, at 9:00 a.m. (EDT) to review second-quarter 2026 financial results, which will be released earlier that morning.
The conference call can be accessed by calling 888-349-0094 (in the U.S.) or 412-902-0124 (international). Participants should join at least five minutes prior to the start of the call.
Participants can pre-register at https://dpregister.com/sreg/10210013/1044abca2fb to receive a direct dial-in number for the call. The call also will be accessible via live webcast at https://event.choruscall.com/mediaframe/webcast.html?webcastid=tA72Sjv5.
A replay of the call will be available through August 12, 2026 at (855) 669-9658 (in the U.S.) or (412) 317-0088 (international). The conference number is 4560221. A webcast replay will also be available on the Brink’s Investor Relations site in the Events section.
About The Brink’s Company
The Brink’s Company (NYSE:BCO) is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. Our customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. Our network of operations in 51 countries serves customers in more than 100 countries. For more information, please visit our website at www.brinks.com or call 804-289-9709.
, /PRNewswire/ -- Vertiv Holdings Co. (NYSE: VRT), a global leader in critical digital infrastructure, today announced it will report its second quarter 2026 results before market open on Wednesday, July 29, 2026. The press release will contain a link to the presentation materials providing a second quarter 2026 update, which will be available on Vertiv's website at investors.vertiv.com. Vertiv's management team will discuss the results during a conference call the same day, starting at 11 a.m. Eastern Time.
About Vertiv Holdings Co
Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers' vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today's data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit vertiv.com.
Category: Financial News
For investor inquiries, please contact:
Lynne Maxeiner
Vice President, Global Treasury & Investor Relations
Vertiv
E: [email protected]
For media inquiries, please contact:
Ruder Finn for Vertiv
E: [email protected]
Německá vláda plánuje do roku 2030 seškrtat z klimatického a transformačního fondu přes 30 miliard eur (asi 727 miliard Kč) a část prostředků přesunout do spolkového rozpočtu. Kabinet kancléře Friedricha Merze tím chce konsolidovat veřejné finance, napsala agentura Bloomberg s odvoláním na finanční plán, který dnes schválila vláda. Škrty v klimatickém fondu už dříve kritizovaly ekologické organizace.
Vznik zvláštního fondu na rozvoj infrastruktury a klimatickou neutralitu schválili poslanci Spolkového sněmu loni v březnu, tedy ještě před vznikem Merzovy vlády konzervativní unie CDU/CSU a sociální demokracie (SPD). Objem fondu byl stanoven na 500 miliard eur, z nichž 100 miliard eur bylo vyčleněno na boj proti klimatickým změnám.
Nyní ale kabinet rozhodl o tom, že se výdaje z klimatického fondu během příštích čtyř let sníží o 19,7 miliardy eur a dalších 13,2 miliardy eur se převede do spolkového rozpočtu.
Fond je přitom klíčovým nástrojem Německa pro snižování emisí oxidu uhličitého, takže některé programy, které z něj čerpají, teď v rámci snahy o omezení veřejných výdajů přijdou o část peněz. Mezi dotčené programy patří například dotace na tepelná čerpadla a pobídky na podporu elektromobility.
Vláda škrty zdůvodňuje tím, že souběžně spustila miliardový dotační program na snížení cen elektřiny pro energeticky náročný průmysl, který po zapojených firmách vyžaduje, aby investovaly do ekologičtější výroby. Změny také podle vlády zajistí, aby na dotace a příspěvky dosáhli jen lidé, kteří je potřebují.
Vedle 100 miliard eur z vládního infrastrukturního balíku plynou do klimatického a transformačního fondu příjmy z německého národního systému obchodování s emisemi a z jeho unijní obdoby. Roční rozpočet fondu se má v příštích letech držet kolem 40 miliard eur (asi 970 miliard Kč) a v roce 2030 klesnout na zhruba 38 miliard eur.
SANTA MONICA, Calif., July 15, 2026 (GLOBE NEWSWIRE) --
WHAT: Macerich (NYSE: MAC) Schedules Second Quarter 2026 Earnings Release and Conference Call
WHEN: Earnings Results will be released after market on Tuesday, August 4, 2026. Management will hold a conference call at 2:00 pm Pacific Time (5:00 pm Eastern Time) on that same day to discuss quarterly results.
PARTICIPANT DIAL-IN INFORMATION: The conference call can be accessed live by dialing the following numbers:
United States (Toll Free): +1 833-630-1956
International: +1 412-317-1837
PARTICIPANT LIVE WEBCAST: https://edge.media-server.com/mmc/p/8mumave2
REBROADCAST: Following the live webcast, a replay will be available in the Investors Section of the Company’s website at https://investing.macerich.com.
About Macerich
Macerich (NYSE: MAC) is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns approximately 41 million square feet of real estate, consisting primarily of interests in 39 retail centers.
Macerich uses, and intends to continue to use, its Investor Relations website, which can be found at investing.macerich.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Additional information about Macerich can be found through social media platforms such as LinkedIn. Reconciliations of non-GAAP financial measures, including NOI and FFO, to the most directly comparable GAAP measures are included in the earnings release and supplemental filed on Form 8-K with the SEC, which are posted on the Investor Relations website at investing.macerich.com.
BREMEN, Germany--(BUSINESS WIRE)---- $BRKR #BRKR--Bruker Corporation (Nasdaq: BRKR) today announced the acquisition of the DISQVER® clinical metagenomics platform from Noscendo GmbH.DISQVER® enables metagenomic next-generation sequencing (mNGS) analysis of microbes directly from blood samples, further expanding Bruker's NGS-based infection detection capabilities. Without any need for prior cultivation, DISQVER analyzes whole genome sequencing (WGS) data and applies advanced, proprietary bioinformatics to search.
Data from global nonprofit partners shows consistent gains in employment, earnings and long-term stability for underestimated youth
, /PRNewswire/ -- As the world marks World Youth Skills Day, Cognizant (NASDAQ: CTSH) today highlighted Synapse grantee-published data showing that skills-based training programs are delivering measurable, long-term economic mobility for young people even as artificial intelligence (AI) rapidly redefines entry-level work. World Youth Skills Day celebrates the importance of equipping young people with the skills they need for employment, decent work and entrepreneurship.
According to the International Labour Organization (ILO), an estimated 260 million young people - primarily ages 15–24 - are not in education, employment or training, creating persistent barriers to workforce entry. At the same time, new research from Cognizant and Pearson's The AI Workforce Pulse shows that nearly all (94%) HR leaders expect AI will generate new entry-level roles that didn't exist before and these roles will evolve toward supervising and collaborating with AI systems rather than executing routine tasks. The rapid pace of AI adoption is creating a disconnect between the skills organizations have and the skills they need, making talent strategy one of the defining challenges of the moment.
Launched in 2023, Cognizant's Synapse initiative is a company-wide effort to advance learning and development, forge technology partnerships and invest in community giving. It brings together nonprofits, educational institutions and industry partners to expand access to digital and professional skills training worldwide. The initiative has already surpassed its initial goal of reaching one million individuals and now aims to upskill two million people by 2030. Results from nonprofits supported by Cognizant's Synapse initiative demonstrate that when young people gain access to structured, employer-connected skills training, they don't just find jobs but also are better positioned to build lasting financial stability.
Proven Outcomes Across Leading Workforce Programs
Published data from select Synapse-supported nonprofit organizations shows consistent, high-impact outcomes for young adults. Across programs and geographies, when young people gain access to structured, employer-connected skills training, outcomes have improved quickly and demonstrated lasting benefits. Notably, these outcomes were achieved before the latest wave of AI disruption - demonstrating that skills-first models were already solving the workforce challenges many employers are only now beginning to define.
Year Up United: Young adults earn 30% higher wages on average six years after completing the program compared to a control group, representing the largest earnings impact ever recorded for a workforce development program in a randomized controlled trial. Braven: The Class of 2025 outpaced their peers nationally in quality outcome attainment by 12 percentage points (57% vs 45%) within six months of graduation. CodePath: Program alumni earn a median first-year salary of $20,000 higher than their computer science peers, with 74% from low-income or underestimated backgrounds, demonstrating the effectiveness of skills-first pathways. Generation: While 90% of alumni were unemployed before enrollment in the program, 76% remain employed 2–5 years later, 73% earn a living wage, and nearly half support their families financially. The King's Trust: The King's Trust supports young people aged 11–30 across the United Kingdom to build their confidence and skills for work. Over the last five years, three in four young people supported by the charity have moved into employment, education or training. The charity's work has generated an estimated £3.9 billion in social value over the past decade. "As AI transforms how work gets done, the ability to learn, adapt and apply new skills is becoming the most important currency in the labor market," said Kathy Diaz, Chief People Officer, Cognizant. "The data from our Synapse nonprofit partners shows that when young people are given access to the right training and opportunities, they don't just enter the workforce but thrive in it. On World Youth Skills Day, we're reminded that scaling access to skills is one of the most powerful ways to expand economic opportunity."
Cognizant is also investing directly in early-career talent, having hired 20,000 new graduates in 2025 and currently expects to exceed that number in 2026.
Preparing Youth for an AI-Driven Workforce
The findings come at a pivotal moment for the global workforce. Cognizant's New Work, New World research shows that AI already could be impacting 93% of jobs, while the AI Workforce Pulse study highlights a growing gap between employer needs and workforce readiness. As entry-level roles evolve toward AI collaboration, adaptability and problem-solving, employers are placing greater emphasis on the human and transferable skills that Synapse-supported programs are already building at scale.
"We see every day how access to training and support can change the trajectory of a young person's life," said Susan Murray, CEO, Year Up United. "With the right combination of technical skills, durable skills and hands-on experience, young people are not only securing jobs but building careers, supporting their families, and strengthening their communities. Partnerships like Synapse are critical to making that impact at scale."
For more information, visit the Synapse webpage here.
About Cognizant
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
Forward-Looking Statements
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties and assumptions as to future events that may not prove to be accurate. These statements include, but are not limited to, express or implied forward-looking statements relating to the effects and speed of AI's impact on the workforce and the job market. These statements are neither promises nor guarantees but include findings of the reports discussed above and remain subject to a variety of risks and uncertainties, many of which are beyond Cognizant's control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause outcomes to differ materially from those expressed or implied include general economic conditions, the impact of technological development and competition, the competitive and rapidly changing nature of the markets Cognizant and its clients compete in, the competitive marketplace for talent and its impact on employee recruitment and retention, and the other factors discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Cognizant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.
CHICAGO--(BUSINESS WIRE)--As rising energy supply costs continue placing a financial burden on families and small businesses, Exelon launched its new “ON for You” advertising campaign featuring real customers discussing energy affordability and reliability while underscoring the public utility company's efforts to keep bills as low as possible and deliver safe, reliable energy to the communities it serves. View Exelon's 30-second “ON for You” advertisement and the customer stories that will be.
SOMERVILLE, Mass.--(BUSINESS WIRE)--SmartBear, helping teams build, test, and ship quality software at AI speed and scale, today announced its cohesive AI ecosystem strategy of new integrations that expand its AI-powered testing and governance capabilities into Anthropic's Claude, Atlassian, GitHub, and Kiro. Through integrations with AI-native IDEs, assistants, and partner platforms, SmartBear is bringing its AI-powered testing and governance capabilities directly into the tools used to build s.
Institutions push shares of Carpenter Technology Corporation (CRS) up 2,261% since 2005.
CRS produces and distributes specialty alloys, including titanium, powder metals, stainless steels, alloy steels, tool steels, and drilling tools, with defense and aerospace companies being major customers along with energy, transportation, medical, and industrial firms. Its third-quarter fiscal 2026 earnings report showed record quarterly adjusted operating income of $186.5 million (a 20% sequential gain), gross profit of $251.8 million (a 25% jump), and diluted per-share earnings of $2.77. The company reports again on July 30.
No wonder CRS shares are up 83% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
Carpenter Technology Attracting Institutional Capital Institutional volumes reveal plenty. In the last year, CRS has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in CRS shares. They reflect our proprietary inflow signal, pushing the stock higher:
CRS gained 107% in a year thanks to institutional inflows. Source: www.moneyflows.com Plenty of materials names are under accumulation right now. But there’s a powerful fundamental story happening with Carpenter Technology.
Carpenter Technology Fundamental Analysis Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, CRS has had strong sales and earnings growth:
Also, EPS is estimated to ramp higher this year by +22%.
Now it makes sense why the stock has been generating Big Money interest. CRS has a track record of strong financial performance.
Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term.
Carpenter Technology has been a top-rated stock at MoneyFlows. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
CRS produced 15 rare Outlier 20 inflow signals in the last year. The blue bars below show when the stock was a top pick…Big Money loves this stock:
CRS has drawn 36 outlier inflow signals since 2005, with 15 coming in the last year. Source: www.moneyflows.com Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.
Carpenter Technology Price Prediction The CRS action isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in CRS at the time of publication.
If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level and follow our free weekly MoneyFlows insights.
AI spending by U.S. hyperscalers could reach $1 trillion in 2027, according to S&P Global. That spending spree would squeeze the margins of top hyperscalers, but it would also generate strong tailwinds for many industrial companies. Let's take a closer look at two industrial stocks that could soar much higher as the AI market expands: Vertiv Holdings (VRT 0.74%) and Quanta Services (PWR +2.26%).
Image source: Getty Images.
Vertiv Holdings Vertiv provides thermal management, liquid cooling, and uninterruptible power supply (UPS) systems. It's also partnered with Nvidia (NVDA +4.08%) to co-develop 800-volt DC power architectures for the chipmaker's top-tier GPUs.
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Nvidia's latest AI chips consume so much power and run so hot that data centers must upgrade their infrastructure with Vertiv's products to stay online. That's why its revenue more than doubled from $5.0 billion in 2021 to $10.2 billion in 2025. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) more than tripled from $698 million to $2.2 billion.
Vertiv's backlog more than doubled year over year to $15 billion at the end of 2025, and it's still expanding its global manufacturing facilities to meet that demand.
From 2025 to 2028, analysts expect Vertiv's revenue and adjusted EBITDA to grow at CAGRs of 28% and 38%, respectively. With an enterprise value of $117 billion, it isn't a bargain at 34 times this year's adjusted EBITDA -- but it remains one of the best industrial plays on the AI boom.
Quanta Services Quanta builds high-voltage transmission lines, substations, renewable energy facilities, and data center power systems for utilities and energy companies. It expanded by acquiring more than 200 companies across North America and Australia over the past three decades.
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From 2021 to 2025, its year-end backlog more than doubled from $19.3 billion to $44 billion. Most of that growth was driven by the rapid expansion of the power-hungry cloud infrastructure and AI markets.
That revolution is forcing many utilities in the United States to upgrade their aging electrical grids and build new infrastructure for transmitting wind and solar energy.
From 2025 to 2028, analysts expect Quanta's revenue and adjusted EBITDA to grow at CAGRs of 17% and 19%, respectively, as it transmits more power to those data centers. With an enterprise value of $103 billion, it still looks reasonably valued at 29 times this year's adjusted EBITDA. So if you're looking for a simple way to profit from the soaring energy demands of the AI market, Quanta checks all the right boxes.
Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia, Quanta Services, S&P Global, and Vertiv. The Motley Fool has a disclosure policy.
J. M. Smucker offers compelling value at a 10.9x forward P/E and a 4% yield, well below its historical average. SJM expects fiscal 2027 net sales to decline 3%–4% but guides for 7%–12% adjusted EPS growth driven by cost controls and productivity gains. Uncrustables and Donettes remain key growth drivers, while coffee segment improvement and margin recovery are critical near-term catalysts.
Eight thousand dollars a month is the kind of retirement income target that looks simple until the yield math starts moving underneath it. It translates to $96,000 a year, but the portfolio needed to produce that income can vary by well over $1 million depending on whether the investor accepts a 3.5% yield, a 6% yield, or a double-digit payout with more risk attached.
The equation is unforgiving: annual income divided by yield equals the capital needed to produce it before taxes. At a 3.5% blended yield, hitting $96,000 requires roughly $2,742,857. Push the yield to 5%, and the number drops to $1,920,000. At 6%, it falls to $1,600,000. Stretch to a 10% yield, and you technically need $960,000. The temptation is to chase the bottom of that table. The reason to resist is that high yield often comes with slower growth, weaker tax treatment, or greater risk to principal.
The Sleep-at-Night Foundation: 3% to 4% Yield This is dividend-growth territory. Johnson & Johnson (NYSE:JNJ | JNJ Price Prediction) currently yields about 2.0%, which sounds thin until you look at the runway. The quarterly payout rose to $1.34 in Q2 2026, extending a streak of 64 consecutive years of increases. And the stock is up roughly 67% over the past year, on top of the dividend.
Southern Company (NYSE:SO) sits in the same tier at a 3.1% yield, with the quarterly dividend stepping up to $0.76 in 2026. The regulated utility serves 9 million customers across the Southeast, and data-center power demand has turned a traditionally sleepy sector into a growth story. A blended 3.5% yield across a diversified basket of names like these still asks for roughly $2.7 million of capital, which is the real cost of maximum safety.
The Middle Ground: 5% to 6% Yield Realty Income (NYSE:O) yields about 5.2% and cuts a check every month. The June 2026 payment of $0.271 per share marked another incremental raise in a track record stretching back 27 years. Portfolio occupancy sits at 98.9%, and 2026 AFFO guidance was raised to $4.41 to $4.44 per share.
Enterprise Products Partners (NYSE:EPD) yields close to 5.9% with the current $0.55 quarterly distribution, and it has raised the payout for 27 consecutive years. The K-1 tax form is the tradeoff. A blended 5.5% yield across O, EPD, and similar names cuts the required capital to roughly $1.75 million. The distributions grow more slowly than JNJ’s, but the current income is materially higher.
The High-Yield Trap: 8% to 12% Ares Capital (NASDAQ:ARCC) is a clear example of what you get and what you give up. The 10.4% yield is real. The $1.92 annual dividend has held steady since 2023. But NAV per share slipped to $19.59 from $19.94 last quarter, non-accruals rose to 2.1% from 1.8%, and the stock is down 6.7% over the past year even as the dividend rolled in.
Why the Lowest Yield Often Wins Compare the trade-off at the extremes. An investor holding J&J collected a lower starting yield but owned a company with 64 consecutive years of dividend increases. An ARCC holder collected a much fatter current dividend but accepted more credit risk and less income growth. That is the argument for the conservative tier: a 3.5% yield that grows 6% to 8% annually roughly doubles the income in 9 to 12 years, while a flat 10% yield remains a fixed stipend over the same period.
Make the Dividend Math Survive Real Life Calculate your actual annual spending rather than your salary. A household planning around $96,000 of gross employment income may need less than $96,000 from dividends in retirement if payroll taxes, retirement contributions, commuting costs, and other work-related expenses disappear. The right number is the spending gap after Social Security, pensions, cash reserves, and taxes.
Line up the 10-year total return of a dividend-growth basket against a pure high-yield basket. Include reinvested dividends, taxes, and any change in principal. The compounding gap can be larger than the current-yield gap, especially when the high-yield holdings cut payouts or lose net asset value.
Map the tax character of each holding. Qualified dividends from J&J and Southern Company generally receive lower federal capital-gain tax rates when holding-period rules are met. Realty Income’s REIT distributions and ARCC’s BDC payments are often largely ordinary income, though the final tax character can vary by year. EPD sends a Schedule K-1. Two portfolios with the same headline yield can deliver very different after-tax checks.
A $96,000 dividend target can be built several ways, but the lowest capital requirement is not automatically the best answer. Higher yield can solve the spreadsheet and still weaken the plan if the income stops growing, the tax bill rises, or principal erodes. The better goal is not simply hitting $8,000 a month. It is building an income stream that can keep paying, keep growing, and keep up with the retirement it is supposed to support.
Contact [email protected] for any questions or corrections.
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX) the operator of a leading electronic trading platform for fixed-income securities, will issue a press release announcing its second quarter 2026 financial results on Friday, August 7, 2026, before the market opens. Chris Concannon, Chief Executive Officer, and Ilene Fiszel Bieler, Chief Financial Officer, will host a conference call to provide a strategic update and discuss the Company's financial results and outlook on Friday,.
NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. (NASDAQ:AVAV) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in AeroVironment, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.
Key Details of the AeroVironment ($AVAV) Class Action:
Lead Plaintiff Deadline: July 27, 2026Alleged Misconduct: Securities fraud relating to AeroVironment’s contract to provide the U.S. Space Force’s SCAR program with its BADGER phased array antenna systemsLargest Alleged Stock Drop: March 2, 2026 – 17% Stock DropCourt: U.S. District Court for the Eastern District of VirginiaAction: Contact BFA Law to discuss your rights
Investors have until July 27, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in AeroVironment securities. The class action is pending in the U.S. District Court for the Eastern District of Virginia. It is captioned Norrell v. AeroVironment, et al., No. 26-cv-01429.
Why is AeroVironment Being Sued for Securities Fraud?
In May 2025, AeroVironment acquired BlueHalo, LLC, a defense technology firm specializing in advanced engineering. Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver its BADGER phased array antenna systems to support the U.S. Space Force’s SCAR program.
According to the complaint, during the relevant period, AeroVironment consistently touted its SCAR contract and indicated it represented a “tremendous growth opportunity,” that AeroVironment’s work pursuant to the contract was “very much on track,” that the customer was “asking for more [BADGER systems],” and that the Company stood “ready to build more.”
As alleged, in truth, AeroVironment faced a significant likelihood of competition for the SCAR program and overstated its goodwill from its BlueHalo acquisition.
BFA Law is also investigating AeroVironment’s June 22, 2026, announcement that the financial statements in its quarterly report for the three and nine months ended January 31, 2026 “require restatement and should no longer be relied upon.”
Why did AeroVironment’s Stock Drop?
On January 20, 2026, AeroVironment announced that the U.S. government issued a stop work order on the Company’s agreement to deliver BADGER systems to the SCAR program, upon mutual agreement with the Company. This news caused the price of AeroVironment common stock to decline $61.97 per share, or 15.77%, from $392.86 per share on January 16, 2026, to $330.89 per share on January 20, 2026.
On March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program to suppliers other than AeroVironment and “are going to move into a new acquisition strategy for SCAR” which would “likely take the form of other companies building versions or variants of SCAR.” On this news, AeroVironment’s common stock dropped $43.93 per share, or 17.42%, from $284.24 per share at open on March 2, 2026, to a close of $208.32 per share.
Then, on March 10, 2026, AeroVironment announced its Q3 financial results reporting an operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. The company also announced the impact of a $151.3 million goodwill impairment in the AeroVironment’s space division after the stop work order tied to the Space Force’s SCAR program. This news caused the price of AeroVironment common stock to drop $13.84 per share, or 6.24%, from $221.57 per share on March 10, 2026, to $207.73 per share on March 11, 2026.
Click here for more information: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.
What Can You Do?
If you invested in AeroVironment, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
Submit your information by visiting:
https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit
Or contact:
Adam McCall [email protected]
212.789.3619
Why Bleichmar Fonti & Auld LLP?
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
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Both AbbVie (NYSE:ABBV | ABBV Price Prediction) and Baxter International (NYSE:BAX) flashed the same technical signal this month: a golden cross, where the 50-day moving average pushed above the 200-day. The retirement question is simple: which one belongs in an income-focused portfolio right now?
AbbVie’s cross, formed around July 7, is clean and widening: the 50-day is 222.91 versus a 200-day of 222.66, with both lines rising. Baxter’s cross is a different picture. The 50-day at 19.85 is only fractionally above a 200-day at 19.26, and the 200-day is still declining. Remember that golden crosses are lagging momentum indicators. They say nothing about cash flow or dividend safety. So the verdict has to come from fundamentals.
Dimension 1: Dividend Durability and Yield AbbVie just declared its $1.73 quarterly payout, with an ex-dividend date of July 15, 2026, and payment on August 14, 2026. That annualizes to $6.92, extending a 13-year streak of increases dating to the 2013 Abbott spinoff, with the most recent hike a 5.5% bump. At the current price of $244.78, that represents a yield near 2.8%.
Baxter is the opposite story. Management slashed the quarterly dividend to $0.01 alongside Q4 2025 results, effectively eliminating the payout. Annualized, that is $0.04 per share.
The winner is AbbVie, decisively. Retirees writing checks from portfolio income cannot use a token dividend.
Dimension 2: Financial Stability and Balance Sheet AbbVie is a $432.5 billion mega-cap with TTM revenue of $62.82 billion, an operating margin of 26.6%, and a beta of 0.283, roughly one-quarter of the market’s volatility. Yes, book value is negative from buyback and Allergan-era leverage, but cash generation covers the dividend comfortably.
Baxter carries a market cap of just $11.3 billion, TTM EPS of −$1.91, and a profit margin of −9.7%. FY 2025 GAAP net income was −$900 million after $485 million in goodwill impairments and $290 million in intangible impairments. Q1 2026 revenue increased 2.9% year over year, while adjusted EPS dropped roughly 35%.
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Clearly, AbbVie wins again.
Dimension 3: Growth Outlook and Risks AbbVie’s immunology franchise is doing the heavy lifting. Skyrizi grew 30.9% to $4.48 billion, and Rinvoq rose 23.3% to $2.12 billion in Q1 2026, more than offsetting Humira’s 38.6% biosimilar erosion. With the Q1 report, management raised full-year adjusted EPS guidance to $14.08 to $14.28. The consensus price target of $265.50 compares with the most recent close at $244.78.
Baxter’s 2026 guidance calls for reported sales flat to up 1% and adjusted EPS of $1.85 to $2.05, a step-down from $2.27. Overhangs include the Novum IQ LVP pump shipment hold, tariff pressure, and the reset following the January 2025 Kidney Care sale to Carlyle. New CEO Andrew Hider only took over in September 2025. The $21.71 analyst consensus target is a bit less than the current price.
Here again, AbbVie is the winner.
The Verdict AbbVie wins across all three dimensions that matter for a retirement portfolio: a growing, well-covered dividend, mega-cap balance sheet stability with a low 0.28 beta, and a double-digit growth engine that has already prompted a guidance raise. The stock has returned 27.8% over the past year and 478.9% over 10 years, including reinvested momentum.
Baxter is a speculative turnaround play. The shares are down 73.1% over five years and 53.4% over a decade. A razor-thin golden cross against a declining 200-day line does not change the underlying picture: negative earnings, an eliminated dividend, and a new CEO writing a new operating model.
For a deep-value investor with a multi-year horizon and no need for income, Baxter may be defensible. For anyone drawing retirement income, AbbVie is the answer.
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