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A $60,000 retirement paycheck sounds like a single target, but a portfolio can produce it in very different ways. A lower-yield portfolio demands more capital upfront but may give the income room to grow. A high-yield portfolio can shrink the capital requirement, but it usually asks the investor to accept more credit risk, distribution risk, or principal volatility.
The 10-year Treasury recently yielded about 4.4%, while the federal funds target range stood at 3.50% to 3.75%. Core PCE inflation was 3.4% year over year in May 2026, up from 3.3% in April, so the income built today still needs a path to grow. That tension between current yield and purchasing power drives a portfolio that can run without constant tinkering.
The Conservative Anchor: 3% to 4% Yields At a 3.5% yield, $60,000 of income requires roughly $1,714,000 of capital. At 4%, the figure drops to $1,500,000. This tier holds dividend growers, regulated utilities, and broad equity income funds. The starting yield looks modest, but the raise schedule is the reason to own it.
Johnson & Johnson (NYSE:JNJ | JNJ Price Prediction) yields about 2.2% after a strong run, but its board just lifted the quarterly payout to $1.34, extending a streak of 64 consecutive annual increases. Procter & Gamble (NYSE:PG) yields 2.8% and has raised the dividend for 70 straight years. Southern Company (NYSE:SO), the Atlanta utility, yields about 3.1% and sits in the path of Southeastern data center load growth.
Total return still matters. A dividend stock can look conservative on yield and still create wealth through a combination of rising payouts and price appreciation. The correct comparison is not yield alone, but income growth plus total return over the same holding period.
The Middle Ground: 5% to 7% Yields Halve the capital by doubling the yield. $60,000 at 6% needs $1,000,000. At 7%, about $857,000.
Realty Income (NYSE: O) is the anchor many retirees know. It pays monthly and reported its 114th consecutive quarterly dividend increase in March 2026. AFFO per share increased 6.6% year over year to $1.13 in the first quarter, and 2026 AFFO-per-share guidance implied projected annual growth of 3.0% to 3.7%. The trade-off is that the higher starting yield usually comes with slower income growth than the best dividend growers.
The High-Yield Edge: 8% to 12% At 10%, $600,000 throws off $60,000. At 12%, $500,000.
Business development companies dominate here. Ares Capital (NASDAQ:ARCC) yields about 10.7% and earns a weighted 10% on its debt portfolio. Main Street Capital (NYSE:MAIN) yields about 6.1% on the regular monthly distribution, with quarterly supplementals of $0.30 that lift the all-in rate by another two to three points.
Distribution history is where this tier earns its warning label. ARCC’s $0.48 regular quarterly dividend has been steady recently, while Main Street’s regular monthly payout has risen to $0.265. That is real income, but it is not the same profile as a 60- or 70-year dividend-growth record. High current yields can work, but they should be stress-tested against credit losses, rate changes, and market-price declines.
What the Math Actually Says A 3.5% yield with income compounding at 7% doubles the payout in about 10 years. A 10% yield with flat distributions stays flat in nominal dollars, and after 3% inflation the real income shrinks every year. The conservative tier asks for more capital upfront and rewards patience. The aggressive tier asks for less capital and pays more now, but with a higher risk that income or principal disappoints.
A practical structure can blend them: a core of dividend growers like JNJ, PG, and Southern that aim to lift income each year, with a satellite in Realty Income and ARCC to fill part of the current income gap.
A Better Allocation Check Pull your last two years of actual spending, not your pre-retirement salary. The income you need to replace is often smaller than the number you carry around.
Compare total return, not just yield. Put a dividend-growth stock, a REIT, and a high-yield BDC on the same chart with dividends included. The question is whether the higher current payout also preserved or grew principal.
Model the tax treatment. Qualified dividends are taxed at lower capital-gain rates when IRS rules are met, while ordinary dividends are included in ordinary income. REIT and BDC distributions often receive less favorable treatment than qualified dividends, so the same $60,000 of pre-tax income can land differently in a taxable account than in an IRA. The Portfolio Has to Work After Year One A $60,000 retirement paycheck is not just a yield problem. It is a durability problem. The right mix has to pay enough now, grow enough later, and survive the tax and market realities in between. A higher yield can close an immediate income gap, but the portfolio still has to fund the years when inflation has made today’s paycheck feel smaller.
Contact [email protected] for any questions or corrections.
KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on will release 2026 second quarter and six-month results on Thursday, July 23, 2026 with a call discussing the results to follow at 10:00 am ET.
Nordstrom's Anniversary Sale is the strongest one yet with over 100 brands participating including over 50 for the first time.
Courtesy of Nordstrom
Nordstrom, which is celebrating its 125th year in business, is planning bold moves with this year’s iconic Nordstrom Anniversary Sale. in an interview with Jamie Nordstrom, chief merchandising officer, he talks about what it means to steward a tradition that goes back to the 1960’s. As the fourth-generation member of the founding family, said, “There's something really special about being part of a tradition that spans generations. Customers tell us they shopped the Anniversary Sale with their parents, and now they're bringing their own kids. That kind of connection doesn't happen by accident.”
Typically, most retailers put items on sale at the end of the season and for spring merchandise that would be in July. However, Nordstrom reversed this idea more than 60 years ago by providing new fall goods at a discounted price before the season starts. Nordstrom figured out that by giving customers first access to next season’s fashion, at a discounted price it positioned the Anniversary Sale as a way to build loyalty with its customers and attract new ones.
Curate Products And They Will Come“That original idea, to bring customers the best new fall merchandise before the season starts at a price that rewards them for shopping early, is still exactly what we do. That hasn't changed. And I want to be clear: this isn't a clearance sale. That's an important distinction. This is genuinely unique in the industry. The model works because everyone wins,” explains Nordstrom.
The buyers are working year-round to curate products and negotiate with vendors to bring forth great products for the sale. “Our customers want something new and we want to inspire that sense of discovery. Curation starts with the customer. What are they asking for, what's resonating, what brands do they love that they haven't been able to find at Nordstrom before. That's really at the heart of what the Anniversary Sale is,” said Nordstrom.
More Than 100 Brands Participating In The Nordstrom Anniversary SaleNordstrom is presenting the strongest lineup this year and have more than 100 brands that are participating with 50 new brands joining for the first time. Brands this year include Reformation, Mejuri, Puma, H&M, JVN Beauty, and Therabody. “It's a meaningful expansion for an event that already functions as a discovery engine for shoppers looking for what's new heading into fall,” said Nordstrom.
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As Nordstrom celebrates 125 years, its Anniversary Sale continues to make its mark with early access, new brand participation, real value, and an experience worth showing up for.
Courtesy of Nordstrom
The Anniversary Sale continues to be an event that demonstrates a model that works for everyone. “It's good for the customer, good for us, and good for the brands,” said Nordstrom.
A Win for Brands and Shoppers AlikeThe buyers are placing orders in advance of the fall season which gives the brands their orders earlier. The brands can begin production in advance of the season and are benefitted from early reads from customer shopping behaviors and preferences.
“We've found that brands actually sell more in the fall when they're part of the Anniversary Sale,” expressed Nordstrom. Customers are benefited by enjoying fall fashions at discount and access to new and refreshed assortments each year. In addition to the new brands participating, the company is amplifying the in-store experiences in celebration of its 125 years coupled with the Anniversary Sale.
Gamifying the In-Store ExperienceIt's a smart hedge against the reality that a sale, on its own, is not an experience. A block party is. And in-store, the company has planned Glam Up Days, a beauty department takeover called the Beauty Bash, accessories trunk shows, hidden ‘Golden Hanger’ giveaways on select Saturdays, and scratch-ticket sweepstakes for early shoppers all layer gamification on top of the core discount event.
How Shoppers Engage With the Sale Has Evolved“The Anniversary Sale has always been a cultural moment, and how customers engage with it has really evolved over the years. Twenty or thirty years ago, customers would line up outside our doors on the first day of the Sale,” explains Nordstrom. “That energy was incredible. Now with online shopping, the behavior has shifted. Customers are building their wish lists in advance, grabbing their must-have items online first and then coming into the store to discover more. They're making multiple trips across both channels, and we need to show up well regardless of how they choose to shop.”
A Model Built to Last“We are the original summer sale. We've spent decades earning the trust that comes with that, and the model will sustain itself because it's built on the foundation of great product, real value, and a genuine partnership with our brands and our customers, said Nordstrom.
As the retailer marks 125 years in business, the Anniversary Sale remains the clearest expression of the strategy that built the company: give customers something worth waiting for, give brands a reason to lean in early, and give shoppers an experience, not just a discount. With more than 100 brands, expanded block parties, and new in-store activations layered onto a decades-old formula, Nordstrom is betting that the same model that built loyalty across generations of shoppers will carry it into its next chapter.
DULUTH, Ga., July 9, 2026 /PRNewswire/ -- AGCO (NYSE: AGCO) today announced its second-quarter 2026 earnings release conference call is scheduled for Thursday, July 30, at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO's website at www.agcocorp.com under the "Investors" Section. The webcast will also be archived immediately afterward for 12 months.
About AGCO:
AGCO (NYSE: AGCO) is a global leader in agricultural machinery and precision agriculture technologies. Driven by a Farmer-First strategy, AGCO delivers value through its differentiated leading brands, Fendt™, Massey Ferguson™, PTx™ and Valtra™. AGCO's high-performance equipment and smart farming solutions, including brand-agnostic retrofit technologies and autonomous offerings, empower farmers to drive productivity while sustainably feeding the world. For more information, visit www.agcocorp.com.
Additional AGCO News
AGCO Unveils "Legacies of the Land" Campaign Honoring Farming Families for America's 250th AGCO Advances Fuel Efficiency Across Its Fendt®, Massey Ferguson® and Valtra® Brands AGCO's Valtra® Produces 1000th CVT at Suolahti, Finland, Factory SOURCE AGCO Corporation
, /PRNewswire/ -- Hub Group, Inc. (NASDAQ: HUBG) and certain of its current and former executives (together, "co-defendants") face a securities class action lawsuit, which seeks to represent investors who purchased or acquired Hub Group securities between April 28, 2023 and May 11, 2026.
The development follows the company's surprise revelations that its financial reports going back to 2023 were "materially misstated and should no longer be relied upon" and corrective actions taken against two senior executives.
National shareholder rights firm Hagens Berman continues to investigate legal claims that Hub Group and its co-defendants violated the federal securities laws and urges investors who suffered significant losses to submit your losses now.
Class Period: Apr. 28, 2023 – May 11, 2026
Lead Plaintiff Deadline: Aug. 28, 2026
Visit: www.hbsslaw.com/investor-fraud/hubg
Contact the Firm Now: [email protected]
844-916-0895
Hub Group, Inc. (HUBG) Securities Class Action:
The lawsuit focuses on the propriety of Hub Group's repeated assurances that its financial statements were prepared in conformity with applicable accounting rules.
Contrary to these assurances, the complaint alleges that throughout the Class Period the co-defendants made false and misleading statements concerning Hub Group's premature and incorrect revenue recognition and understatement of purchased transportation costs and accounts payable.
Investors learned the truth through a series of Hub Group's partial disclosures about its accounting and ramifications for certain of its executives.
First, on February 6, 2026, investors saw the price of their Hub Group shares crater $9.37 (-18%) after the company (while touting that "[a]ccuracy and transparency in reporting on our performance is of utmost importance[]") revealed that during the first nine months of 2025 it had understated purchased transportation costs and accounts receivable by $77 million. Accordingly, the company said investors should not rely on its Q1 – Q3 2025 financial statements and it plans to restate them.
Second, on May 12, Hub Group shares tumbled again – this time, shares fell $5.24 (-12.5%) – on new disclosures much worse than on February 6. The company said its financial statements for the years ended December 31, 2023 and 2024 were materially misstated and that investors should no longer rely on those either. Hub Group explained only that it "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported[]" and cautioned it was continuing to review "additional accounting issues that may potentially further impact" the 2023 and 2024 financial statements.
Between February 5, 2026 (the day before Hub Group's first partial corrective disclosure) and May 12, 2026, shareholders have seen over $890 million of Hub Group's market capitalization wiped out.
After the Class Period, on June 2, 2026, Hub Group announced that Chief Financial Officer Kevin Beth and Chief Operating Officer Brian Meents both left the company on May 27. The company said the executive departures were part of its corrective actions related to its financial statement review.
"Now that Hub Group has almost cleaned out its C-suite following accounting improprieties reaching all the way back to 2023, the core focus of our investigation is whether they were intentional or reckless with the goal of making financial metrics appear better than they actually were. We're also looking to see whether additional problems will surface when the company's review is completed," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.
If you invested in Hub Group and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now »
If you'd like more information and answers to other frequently asked questions about the Hub Group case and the firm's investigation, read more »
Whistleblowers: Persons with non-public information regarding Hub Group should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
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GRAND RAPIDS, Mich., July 9, 2026 /PRNewswire/ -- UFP Industries (Nasdaq: UFPI) will announce second quarter 2026 results after the market close on Wednesday, July 29, 2026.
A conference call to discuss these results will take place on Thursday, July 30, 2026, at 10:00 a.m. Eastern Time, hosted by Will Schwartz, President and Chief Executive Officer, and Mike Cole, Chief Financial Officer.
A live audio webcast of the call along with supporting materials can be accessed using the following link or on the UFP Industries Investor Relations website. (www.ufpinvestor.com).
A replay of the call will be made available on the company's website for at least 90 days.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Considering buying CHWY stock? Here’s what analysts think:
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, /PRNewswire/ -- Hagens Berman, a national shareholder rights firm, alerts investors in Commvault Systems, Inc. (NASDAQ: CVLT) that a newly filed securities class action lawsuit has expanded the alleged class period. The lawsuit now covers investors who purchased or otherwise acquired Commvault securities between January 28, 2025, and January 26, 2026, inclusive.
Hagens Berman is investigating the claims pled in the pending litigation and encourages Commvault investors who suffered substantial losses to submit your losses now.
View our latest video summary of the allegations: www.youtube.com/watch?v=MUMo4d2ZLkI
Expanded Alleged Class Period: Jan. 28, 2025 – Jan. 26, 2026
Lead Plaintiff Deadline: July 17, 2026
Visit: www.hbsslaw.com/investor-fraud/cvlt
Contact the Firm Now: [email protected]
844-916-0895
Expanded Scope of Allegations
The new suit, City of Fort Lauderdale Police and Firefighters' Retirement System v. Commvault Systems, Inc., et al., extends the start of the alleged fraud period from April 29, 2025, back to January 28, 2025. This expansion captures a broader range of investor activity and expands the claims brought against the company and its senior executives regarding their business disclosures.
Focus of CVLT Securities Class Action Litigation:
The litigation alleges that Defendants misrepresented and failed to disclose that:
Commvault's competitive positioning was materially weaker than Defendants had represented to investors; Due to the undisclosed increase in competition, Commvault was forced to make significant concessions on price and contract duration for its software licenses; As these concessions became unsustainable, SaaS became a larger portion of the Company's sales mix; The increasing mix of SaaS sales, which carry shorter term durations and lower ASPs, negatively impacted the Company's margin and NNARR; and As a result, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. The truth allegedly emerged before markets opened on January 27, 2026, when Commvault announced its third-quarter fiscal year 20261 financial results. Commvault disclosed NNARR in constant currency of $39 million, missing analysts' expectations of approximately $45 million. Chief Accounting Officer Danielle Abrahamsen ("CAO Abrahamsen") revealed that the mix of SaaS deals increased to "70%" during the quarter and highlighted that "landing these customers at a 2 to 3x smaller ASP than software . . . does have a significant impact on ARR."
On this news, the price of Commvault common stock fell $40.23 per share, or about 31%, to close at a price of $89.13 per share on January 27, 2026.
HBSS Investigation
"We continue to investigate whether Commvault misled investors about its operational performance and financial reporting during the alleged expanded class period, as the new complaint contends" said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the pending claims.
If you invested in Commvault and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now.
If you'd like more information and answers to frequently asked questions about the Commvault case and the firm's investigation, read more »
View our latest video summary of the allegations: youtu.be/YILiBV90q2w
Whistleblowers: Persons with non-public information regarding Commvault should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
AstraZeneca said Wainua “did not provide a statistically significant benefit” over a placebo in preventing deaths in patients with transthyretin amyloid cardiomyopathy. (Mikael Sjoberg/Bloomberg)
AstraZeneca shares slumped after the British-Swedish drugmaker announced a late-stage trial failure, denting the commercial prospects for its gene silencing drug. Analysts were seeing an overreaction.
MANCHESTER, N.H., July 09, 2026 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it plans to release financial results for its first quarter fiscal year 2027 prior to the market open on Thursday, July 30, 2026. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D’Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company’s results and business outlook.
Analysts and investors are invited to join the conference call using the following information:
First Quarter Fiscal Year 2027 Earnings Conference Call
Date: Thursday, July 30, 2026
Time: 8:30 a.m. ET
Live Webcast Link: Click Here
Dial-in Participant Registration Link: Click Here
Advanced registration is required for dial-in participants. Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference call.
A live and archived audio webcast of the conference call will also be accessible for at least 90 days on the Company’s website at www.allegromicro.com/investors in the Events & Presentations section.
About Allegro MicroSystems
Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs to propel electrification, automation, AI data center, and robotics forward with solutions that enhance efficiency, performance and sustainability. Allegro’s commitment to quality drives transformation across industries, reinforcing our status as a pioneer in "automotive-grade" technology and a partner in our customers' success. For additional information, visit https://www.allegromicro.com/en/.
Contact: Jalene Hoover
VP of IR & Corporate Communications
Phone: +1 512 751 6526 [email protected]
Itron, Inc. remains a 'hold' as near-term fundamentals are expected to weaken despite recent share price declines. Revenue and profitability continue to decline, with Q1 2026 revenue down to $587M and net income dropping to $53.5M. Backlog and orders are contracting, signaling further revenue pressure; Q2 2026 guidance also points to lower sales and earnings.
NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (together with its affiliates, “Steel”), a significant, long-standing shareholder of InMode Ltd. (“InMode” or the “Company”) (NASDAQ: INMD), today issued a letter to the Board of Directors (the “Board”) of the Company, offering to acquire 100% of the shares of InMode for $16.75 per share in cash. The full text of the letter is below. July 9, 2026 VIA ELECTRONIC MAIL InMode Ltd. Tavor Building, Sha'ar Yokneam P.O. Box 533 Yokneam 2069206 Is.
Completing one of the company's largest, most complex transformations to date, DXC has migrated over 400,000 Wilton Re policies to a single, modern cloud platform. Lays the foundation for Wilton Re's future AI capabilities and operational efficiencies. Marks a 20-year partnership that has supported Wilton Re's growth from ~5,000 policies in 2005 to more than 500,000 today, with DXC operating core insurance functions end to end. , /PRNewswire/ - DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced the successful completion of one of the largest transformation programs in the company's history with Wilton Re, a leading acquirer of life and annuity in-force blocks of business. The program converted over 400,000 policies from prior DXC technologies onto DXC's most advanced, cloud-based insurance policy administration ecosystem. This milestone was achieved through the combination of DXC's insurance Business Process Services (BPS) expertise, large-scale conversion capabilities, and operational support model with Wilton Re's unique approach to risk management and extensive experience in executing these types of large transformations.
DXC and Wilton Re Mark 20-Year Partnership, Complete Cloud Conversion of 400,000 Policy Portfolio Designed and Built for the Future
Over the last 20+ years, Wilton Re has expanded its portfolio significantly, driving a growing need to rapidly integrate newly acquired life and annuity businesses. Each acquisition requires the conversion of unique systems, data structures, and servicing processes that must be migrated without disrupting the policyholder experience. To support future growth and accelerate onboarding, Wilton Re has standardized on DXC's Wealth Management Accelerator (wmA), a unified, cloud-based policy administration platform. By creating a common operating environment for acquired portfolios, Wilton Re expects to enable faster integration and greater operational efficiency while laying the groundwork for implementing future AI strategies.
"Our 20-year partnership with Wilton Re reflects what long-term execution with excellence at scale looks like. This transformation helps Wilton Re grow its business, integrate acquisitions faster, operate more efficiently, and deliver a better experience for policyholders. Together, we have completed one of the largest and most operationally complex transformation programs in our history, creating a foundation that will help Wilton Re integrate future acquisitions faster, operate more efficiently, and continue growing with confidence." — Ray August, President, DXC Insurance Software and Business Process Services
A Two-Decade Partnership Built to Scale
DXC BPS operates much of Wilton Re's core insurance environment, including policy administration, claims processing, and customer service, acting as an extension of Wilton Re's operations team. Backed by more than 6,000 insurance specialists globally, over 13 million policies and contracts under administration, and more than 200 successful conversions from legacy systems, DXC brings deep operational and conversion expertise to Wilton Re's business. With Wilton Re's acquisitions, DXC leads the integration of systems, data, product rules, processes, and, in some cases, operational teams from originating insurers, helping ensure a seamless transition for policyholders while accelerating integration timelines. Over the last two decades, DXC and Wilton Re have developed a repeatable, scalable conversion methodology and operating model, helping the company grow from approximately 5,000 policies in 2005 to more than 500,000 today.
"DXC has been far more than a technology provider. In addition to supporting the integration of multiple acquisitions, they play a critical role in our day-to-day operations, from policy administration and customer service to key financial processes. The partnership has helped us operate more efficiently, execute acquisitions more effectively, and better serve our policyholders while maintaining the high standards that define our business. Over the past two decades, our collaboration has become a benchmark for the industry."— Enrico Treglia, Senior Advisor, Wilton Re
Built for the Next Phase of AI-Powered Growth
By consolidating onto wmA, Wilton Re has established a modern cloud foundation capable of supporting future AI-enabled workflow capabilities without requiring additional core system transformations, creating a foundation for continued innovation and operational efficiency as the company expands.
With more than 40 years of insurance industry expertise, DXC is a trusted partner to 21 of the top 25 insurers worldwide. As a leading provider of core insurance platforms, products, and services, DXC helps insurers modernize core operations, improve efficiency, and deliver better customer experiences through AI-powered innovation.
To learn more, visit www.dxc.com/insurance.
About DXC Technology
DXC Technology (NYSE: DXC) is a leading enterprise technology and innovation partner delivering software, services, and solutions to global enterprises and public sector organizations — helping them harness AI to drive outcomes at a time of exponential change with speed. With deep expertise in Managed Infrastructure Services, Application Modernization, and Industry-Specific Software Solutions, DXC modernizes, secures, and operates some of the world's most complex technology estates. Learn more on dxc.com.
About Wilton Re
Wilton Re is a leading provider of in-force and reinsurance solutions in the North American life insurance industry. With its proven experience, Wilton Re creates customized solutions that address the capital and operational needs of its clients. Our core Administrative Reinsurance solution has been the industry standard for remediating legacy administration systems alongside blocks of legacy life insurance and annuities. Over the past 22 years, we have converted 27 legacy systems to our DXC-based administration platform while gaining cost efficiencies and enhancing technologies, controls, and administrative processes for our counterparties. For more information about Wilton Re, please visit www.wiltonre.com.
On Monday, Crinetics and Vertex entered into a definitive agreement under which Vertex will acquire Crinetics for $85 per share in cash, representing a total equity value of approximately $10 billion.
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Liz Young Thomas, SoFi’s head of investment strategy, recommended Vanguard Real Estate Index Fund ETF Shares (NYSE:VNQ).
Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked NVIDIA Corporation (NASDAQ:NVDA).
Nvidia shares gained Wednesday following reports suggesting China will let the top AI firms buy a limited amount of Nvidia H200 chips.
Price Action Vertex shares fell 4.6% to close at $498.43 on Wednesday. Roundhill Memory ETF rose 2.4% during the session. Nvidia shares gained 3.7% to close at $204.12 on Wednesday. Vanguard Real Estate Index Fund ETF Shares fell 1.6% during the session. Photo via Shutterstock
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CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY) announced today that it will issue its second quarter 2026 financial results after market close on Thursday, July 23, 2026.Byline Bancorp will also host a conference call and webcast at 9:00 a.m. Central Time on Friday, July 24, 2026 to discuss its financial results. Analysts and investors may participate in the question-and-answer session.Conference Call, Replay and Webcast Information:Date: Friday, July 24, 2026Time: 9:00 a.m. Central T.
July 09, 2026 07:00 ET | Source: ConnectOne Bancorp, Inc.
ENGLEWOOD CLIFFS, N.J., July 09, 2026 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the second quarter ended June 30, 2026, before the market opens on Thursday, July 23, 2026. Management will also host a conference call and audio webcast at 10:00 a.m. ET on July 23, 2026, to review the Company's financial performance and operating results.
Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1 (585) 542-9983, meeting ID: 646 211 267. Please dial in at least five minutes before the start of the call to register. An audio webcast of the conference call will be available to the public, on a listen-only basis, via the "Investor Relations" link on the Company's website https://www.ConnectOneBank.com or at http://ir.connectonebank.com.
An online archive of the webcast will be available following the completion of the conference call at https://www.ConnectOneBank.com or at http://ir.connectonebank.com.
About ConnectOne Bancorp, Inc.
ConnectOne Bancorp, Inc., is a modern financial services company that operates, through its subsidiary, ConnectOne Bank, and the Bank’s fintech subsidiary, BoeFly, Inc. ConnectOne Bank is a high-performing commercial bank offering a full suite of banking & lending products and services that focus on small to middle-market businesses. BoeFly, Inc. is a fintech marketplace that connects borrowers in the franchise space with funding solutions through a network of partner banks. ConnectOne Bancorp, Inc. is traded on the Nasdaq Global Market under the trading symbol "CNOB," and information about ConnectOne may be found at https://www.connectonebank.com.
Investor Contact:
William S. Burns
Senior Executive VP & CFO
201.816.4474; [email protected]
New leaders bring extensive leadership experience across life sciences, diagnostics, and medical technology
, /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced the appointment of Mike Sullivan as Chief Commercial Officer, effective July 20, 2026, and Julie Coletti as Chief Legal Officer, effective August 3, 2026.
The appointments add experienced leaders to Illumina's Executive Leadership Team as the company continues advancing its strategy, serving customers, driving growth, and delivering on its mission to improve human health around the world.
"We are excited to welcome Mike and Julie to Illumina," said Jacob Thaysen, chief executive officer of Illumina. "Mike brings deep commercial expertise, a customer-first mindset, and significant experience scaling global organizations, while Julie is a highly accomplished legal and business leader with deep experience across the life sciences and medical technology sectors. I look forward to working closely with both of them as we continue helping customers unlock new insights across genomics, multiomics, and human health."
Sullivan will be responsible for leading Illumina's global commercial organization. He brings more than 30 years of commercial leadership experience across diagnostics, precision medicine, healthcare, and life sciences, with a proven track record of driving growth, expanding customer adoption, and leading high-performing global teams.
Most recently, Sullivan served as Chief Commercial Officer at Caris Life Sciences, where he led the company's global commercial operations across oncology diagnostics and precision medicine. Prior to Caris, he held senior commercial leadership roles at Roche Diagnostics, Ortho Clinical Diagnostics, IDEXX Laboratories, and Abbott Diagnostics.
As Chief Legal Officer, Coletti will lead Illumina's global legal, regulatory, and government affairs teams and serve as corporate secretary to the Illumina Board of Directors. Coletti joins with extensive legal, regulatory, and governance expertise across the life sciences and medical technology sectors.
Previously, Coletti served as Chief Legal and Regulatory Officer at Align Technology. Prior to that, she held senior legal leadership positions at Danaher Corporation and Bayer HealthCare, advising executive leaders and boards of directors on a broad range of complex issues, including compliance matters, intellectual property, competition, governance, and public policy. She also serves as a director for Fortis Life Sciences, a provider of solutions to life science and diagnostic companies.
About Illumina
Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit illumina.com and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube.
Quantum computing may seem like some far-off technology that will never come about, but that's just not the case. There are several companies with early-stage quantum computers that are producing real results for clients, and could easily expand into more mainstream usage as the technology improves and computer size expands.
The current timetable for many quantum companies is around 2030, with major market expansion occurring by 2035. McKinsey & Company estimates that the annual quantum computing market could be worth up to $72 billion by 2030, leaving a huge market opportunity available for those who can seize it.
One betting favorite is IonQ (IONQ 0.62%), as it's currently the worldwide leader in one of the most critical areas: accuracy. With IonQ holding a world record in this field, it's a favorite to make it to the finish line, and it could make investors a fortune along the way.
Image source: Getty Images.
IonQ's approach to quantum computing is different than its peers As alluded to above, IonQ holds the world record in 2-qubit gate fidelity, a measurement that ensures the answer is correct after processing through two processing gates. Most companies struggle to reach 99.9% fidelity, but IonQ holds the record at 99.99%. While that's only an extra 0.09%, that is a ton in the quantum computing world. It's the difference between making one error out of every 1,000 operations or one error in every 10,000 operations.
IonQ has achieved this by using a unique architecture in its devices. Instead of a supercooling setup like many use, IonQ utilizes trapped-ion technology. This is inherently more accurate, although the trade-off is slower processing speeds. Still, the computing advantage that quantum provides is easily enough to justify these slower speeds.
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Because of IonQ's advantages, it's becoming a popular partner among other companies. IonQ's revenue is soaring; the company reported a 755% growth rate during its most recent quarter. That spike comes from a few reasons, including acquisitions, a system sale, and several new partnerships. Still, when only organic growth is considered (the business IonQ had during its comparative period), it is expected to deliver 100% or better growth for 2026. That's a strong sign and showcases that IonQ is truly a leader in a potentially massive field.
There's no way of telling if IonQ will maintain its leadership position or if demand for quantum computing will be as high as McKinsey estimates. If IonQ could achieve a dominance level similar to Nvidia has in its field, then IonQ could secure a massive chunk of the projected $72 billion market. That would make early-stage investors tons of money. However, if it fails to do this, then the stock could plummet. As a result, IonQ is a fairly risky stock, so investors should size their positions accordingly.
Key Takeaways CPAY is growing through payment volume, revenue per transaction and acquisitions expanding its customer base.V is seeing momentum from payment volumes, AI-driven services, and fiscal 2026 low-teens revenue guidance.JPM plans $19.8B in 2026 tech spending as digital expansion and diversified businesses support growth. Financial technology (fintech) represents a transformative investment space in a hybrid sector merging finance and technology. The companies featured on the screen encompass a variety of services, such as online banking, peer-to-peer payments, insurance, cryptocurrency and cybersecurity.
Fintech's innovative nature positions it as a fascinating choice in the evolving financial landscape. With the expansion of mobile and broadband networks, fintech is poised for significant growth. The rise of artificial intelligence (AI) technologies and machine learning further revolutionizes banking, payments and investments, offering efficient and secure financial solutions.
At this stage, we recommend investing in five financial technology bigwigs to tap the digital finance revolution. These are: Corpay Inc. (CPAY - Free Report) , Jack Henry & Associates Inc. (JKHY - Free Report) , Visa Inc. (V - Free Report) , Virtu Financial Inc. (VIRT - Free Report) and JPMorgan Chase & Co. (JPM - Free Report) . Each of our picks currently carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The chart below shows the price performance of our five picks in the past month.
Image Source: Zacks Investment Research
Corpay Inc.Zacks Rank #2 Corpay is a global commercial payments solution provider. Through its portfolio of brands, CPAY helps companies automate, secure, digitize and control payments to, or on behalf of, their employees and suppliers. CPAY serves businesses, partners and merchants in North America, Latin America, Europe and the Asia Pacific.
CPAY’s top line continues to grow organically, driven by increased volume and revenue per transaction from certain payment programs. CPAY relies on a multi-channel approach to actively market and sell its solutions to current and prospective customers. Acquisitions are CPAY’s way to boost its customer base.
Corpay has an expected revenue and earnings growth rate of 17.3% and 25.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 3.1% over the last 60 days.
Jack Henry & Associates Inc.Zacks Rank #2 Jack Henry & Associates is benefiting from rising services, support and processing revenues as clients migrate to private and public cloud. Cloud revenues are now about a third of total revenues, and recurring revenues remain the core mix. Growing digital, card and faster payment processing continues to lift transaction-based revenues.
Core win momentum and a higher mix of integrated trifecta deals are deepening JKHY’s client relationships and expanding wallet share. Management is expanding internal AI tools to support productivity and service.
Solid demand for the company’s AI-powered fraud detection platform is acting as a tailwind. JKHY’s growing initiatives to incorporate AI into select client solutions are expected to boost its revenues in the near term.
Jack Henry & Associates has an expected revenue and earnings growth rate of 5.9% and 4.1%, respectively, for the current year (ending June 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 1.7% in the last 90 days.
Visa Inc.Zacks Rank #2 Visa’s scale and brand strength keep it at the center of global digital payments, with growth still driven by higher payment volumes, cross-border activity, and increasing transaction counts.
V’s fiscal second-quarter results showed broad momentum across consumer payments, commercial and money movement solutions, and value-added services. Management guides to low-teens revenue growth for fiscal 2026.
Investments in agentic commerce and stablecoin settlement, alongside targeted acquisitions and disciplined capital returns, should continue to extend its network value over time. With fraud cases on the rise and AI adoption increasing, V’s services are in high demand. Visa has embedded AI and generative AI into over 100 products, primarily for fraud prevention and cybersecurity.
Visa has an expected revenue and earnings growth rate of 13.4% and 14.2%, respectively, for the current year (ending September 2026). The Zacks Consensus Estimate for the current year’s earnings has improved 0.1% over the last 30 days.
Virtu Financial Inc.Zacks Rank #1 Virtu Financial is benefiting from an active trading backdrop that continues to support opportunity capture across equities, options, and other asset classes. VIRT is scaling its capital base and reinforcing returns by investing in technology and talent, which has supported higher daily adjusted net trading income through the cycle.
VIRT’s Execution Services is gaining relevance, extending diversification with expanding product penetration across workflow technology, algorithms, and capital markets activity. Balance sheet liquidity and disciplined leverage help fund reinvestment while supporting dividends and buybacks. VIRT continues to pay a quarterly dividend of 24 cents per share.
Virtu Financial has an expected revenue and earnings growth rate of 10.6% and 13.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 5.2% over the last 60 days.
JPMorgan Chase & Co.Zacks Rank #2 JPMorgan Chase’s consumer franchise keeps widening. The company, with is opening new branches in the United States and plans the Chase digital expansion in Europe following successful launches in the U.K. and Germany. JPM’s scale and diversified business mix continue to support earnings, with ongoing balance sheet growth and higher rates for a longer time to drive net interest income (NII) expansion.
JPM’s markets revenues and investment banking fees are likely to remain strong, and healthy asset management activity should continue to drive fee income. A strong liquidity profile supports enhanced dividends and buybacks, with room for selective dealmaking. JPM plans to allocate $19.8 billion toward tech initiatives in 2026. JPM’s efficient capital distributions reflect a solid capital position.
JPMorgan Chase has an expected revenue and earnings growth rate of 7.9% and 11.9%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.1% in the last seven days.
On July 17, the first 200 customers will score a FREE exclusive Neon Squishy Dumpling and enjoy special giveaways, games, prizes, music and fun all day long July 09, 2026 08:00 ET | Source: Five Below, Inc.
PHILADELPHIA, PA, July 09, 2026 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE), the trend-right, extreme-value brand for the kid and the kid in all of us, is celebrating a major milestone: the grand opening of its 2,000th store. To mark the occasion, Five Below will host a grand opening celebration, inviting the whole community to discover the one-of-a-kind shopping experience that fans across the country have come to know and love – the ultimate destination for trends, fun, unique finds and go-to favorites, all at unbeatable value. The store is located at 299 Commerce Avenue in LaGrange, Ga.
Kicking off Friday, July 17, at 9:30am, the fun and festive celebration will feature special giveaways, games, prizes, music and all-day fun for the whole family. As a special thank-you, the first 200 customers through the doors will receive a FREE exclusive Neon Squishy Dumpling – a limited-edition collectible to mark this historical moment.
“Reaching 2,000 stores is an incredible milestone for our brand whose mission is to be the destination for the kid and the kid in all of us,” said Winnie Park, CEO. “We know our unique retail concept has a lot of runway ahead with thousands of new stores across the U.S. And, we are excited to celebrate this moment with the LaGrange community with a fun-filled day of discovery across our store from play to snacks to style and beauty, all at amazing value.”
Shoppers will experience the thrill of Five Below’s unique retail experience where they will discover everything from candy and snacks to party, beauty and style, toys and games, tech, décor and much more. With most items priced $1 to $5, and some extreme-value finds priced beyond $5, Five Below makes it easy to explore amazing new products and say “YES!” to fun without breaking the bank.
In addition, as a brand focused on kids, Five Below is proud to partner with several Boys & Girls Clubs in our metro-Atlanta communities. By transforming these vital kid-safe spaces into vibrant, inspiring environments, Five Below is helping open the door to creativity, fun, and brighter futures.
To learn more about Five Below, find your nearest location, or shop online, please visit fivebelow.com. And be sure to follow along on Instagram, TikTok and Facebook for all the latest updates.
About Five Below
Five Below is a leading growth retailer offering trend-right, extreme value, high-quality products loved by the kid and the kid in all of us. We believe life is better when customers are free to "let go & have fun" in an amazing experience filled with unlimited possibilities. With most items priced between $1 and $5 and some extreme value items priced beyond $5, Five Below makes it easy to say YES! to the newest, coolest stuff across awesome Five Below worlds: Candy, Style, Party, Room, Create, Tech, Sports and New & Now. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below today has approximately 2,000 stores in 46 states. For more information, please visit www.fivebelow.com or follow @fivebelow on TikTok, Instagram and Facebook.
Americká společnost Meta Platforms plánuje od září zahájit výrobu vlastního AI čipu, a to jako součást plánu na navýšení celkové výpočetní kapacity na 14 gigawattů v příštím roce. Vyplývá to z interního mema, které měla agentura Reuters k dispozici.
Čip určený pro datová centra s kódovým označením „Iris" je součástí čtyřgeneračního projektu Meta Training and Inference Accelerators (MTIA), který společnost vyvíjí interně. Cílem je využít vlastní čipy ke zlepšení AI pohánějící sociální sítě Facebook a Instagram.
Meta čip přizpůsobila vlastním potřebám a při jeho vývoji spolupracuje s Broadcomem, zatímco výrobu zajišťuje TSMC. Společnost také uzavřela dlouhodobé dodavatelské smlouvy se Samsungem (paměti), SanDiskem (flash úložiště) a Sumitomo Electric (optická vlákna). Tento přístup má firmě pomoci snížit obrovské náklady na výpočetní výkon a získat větší nezávislost na dodavatelích čipů, jako jsou Nvidia a AMD.
Iris byl představen pod technickým názvem již v březnu spolu se třemi dalšími AI čipy. Meta plánuje vydávat nový čip přibližně každých šest měsíců až do roku 2027, což je výrazně rychlejší tempo než u většiny konkurentů, kteří obvykle vydávají AI čipy v ročních intervalech.
Meta letos plánuje nasadit 7 gigawattů výpočetní kapacity, v roce 2027 chce toto číslo zdvojnásobit, vyplývá z interního mema.
Akcie Meta Platforms Akcie Meta Platforms (META) v předburzovní fázi obchodování klesají o 3,25 % na 583,50 USD.
Since my previous "Buy" rating, Alliant Energy has handily outperformed the S&P 500 index. Thanks to significant economic development in its service territories, the electric and gas utility's four-year capital spending plan is much larger than it was when I last covered it. Alliant Energy enjoys a BBB+ S&P credit rating with a stable outlook.
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2026: A Space Stock Odyssey
Stock Market Mixed As Chips Rise While Small Caps, Dow, SpaceX Struggle; Ned Davis On Cash For investors seeking a mix of growth, income and capital preservation, Alliant Energy (LNT) is a strong stock to consider, with shares currently trading in a buy zone. Headquartered in Madison, Wis., Alliant Energy provides electricity and natural gas to roughly 1.4 million customers in Wisconsin and Iowa. Data center expansion across the Midwest has driven outsize growth for Alliant…
STAMFORD, Conn.--(BUSINESS WIRE)-- #GartnerSYM--Gartner, Inc. (NYSE: IT): What: Gartner IT Symposium/Xpo 2026 When: October 19-22, 2026 Where: Walt Disney World Resort, Orlando, Florida Details: Gartner IT Symposium/Xpo 2026 is the world's most important gathering of CIOs and other IT executives. More than 7,000 CIOs and senior leaders will explore the technology, insights and trends shaping the future of IT and business, including AI, business transformation and value, cybersecurity, customer experience, da.
Brown & Brown is undervalued, fundamentally strong, and positioned for long-term total return and dividend growth. Q1 2026 revenue rose 35.4% to $1.90 billion, driven by acquisitions, notably the $9.8 billion Accession deal. BRO trades at a forward P/E of 13 versus its 10-year average of 24.3, reflecting a 35% discount to fair value.
SAN DIEGO--(BUSINESS WIRE)--DexCom, Inc. (NASDAQ:DXCM) today announced that it plans to release its second quarter 2026 financial results after market close on Thursday, July 30, 2026. Management will hold a conference call to review the company's second quarter 2026 performance starting at 4:30 p.m. (Eastern Time) on the same day. The conference call will be concurrently webcast. The link to the webcast will be available on the Dexcom investor relations website at investors.dexcom.com and will.
Power Integrations is rated a speculative Buy, leveraging both a recovering core business and a high-upside Nvidia AI data-center partnership. POWI's industrial and automotive segments drove 23% YoY growth in Q1, with improving inventory and margin guidance supporting the current valuation. The Nvidia collaboration offers significant optionality; even modest data-center revenue could materially impact EPS given POWI's share count.
Lending support to his choice, Clear Street, on June 3, initiated coverage on Amprius Technologies with a Buy rating and announced a price target of $33.
As per the recent news, Wendy’s, on June 23, named Steve Cirulis as CFO and chief strategy officer, succeeding Ken Cook.
On the earnings front, Wendy’s, on May 8, reported first-quarter results that topped Wall Street expectations and reaffirmed its full-year outlook despite continued margin pressure. The company reported first-quarter adjusted earnings per share of 12 cents, beating the analyst consensus estimate of 10 cents. Quarterly sales of $540.637 million (+3.3% year over year) outpaced the Street view of $517.965 million. Adjusted revenues gained 2.2% to $432.3 million.
Price Action Wendy’s shares fell 4.2% to settle at $7.45 on Wednesday. Amprius Technologies shares declined 1.2% to close at $11.58. McDonald’s shares fell 1.4% to settle at $278.25 on Wednesday. Photo via Shutterstock
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IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the "Company") will host a conference call and webcast on Thursday, July 30, 2026, to discuss the Company's financial results and other business matters. The teleconference will begin at 8:00 a.m. Central Time and will be hosted by Peter Jackson, President and Chief Executive Officer, and Pete Beckmann, Chief Financial Officer. The live webcast, archived replay, and the accompanying presentation c.
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Investors love dividend stocks because they provide dependable passive income streams and an excellent opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation. At 24/7 Wall St., we have focused on dividend stocks for over 15 years because, despite the stock market’s ups and downs, many people need reliable passive income streams to supplement their income from employment or other sources such as Social Security and pensions.
The more passive income helps cover rising costs like mortgages, insurance, taxes, and other expenses, the easier it is for investors to save for future needs as they prepare for retirement. Dependable recurring dividends from quality, high-yield stocks are a recipe for success. The five highest-yielding Nasdaq 100 stocks offer incredible, dependable yields from quality companies you can buy and hold forever. All are rated Buy at the top Wall Street firms we cover.
Why do we cover the highest-yielding Nasdaq 100 dividend stocks? A study by Hartford Funds, in collaboration with Ned Davis Research, found that dividend stocks delivered an annualized return of 9.18% over the past 50 years (1973 to 2023). Over the same timeline, this was more than double the annualized return for non-payers (3.95%). The five highest-yielding Nasdaq 100 stocks are ideal choices for investors seeking dependable dividends.
Kraft Heinz Kraft Heinz (NASDAQ: KHC | KHC Price Prediction) is North America’s third-largest food and beverage company and fifth-largest globally. Even in difficult times, everybody needs to eat, and this company consistently benefits while paying a substantial 6.31% dividend. The company was formed via the merger of H.J. Heinz and Kraft Foods, and it manufactures and markets food and beverage products worldwide through its eight consumer-driven product platforms:
Taste Elevation Easy Ready Meals Hydration Meats Cheeses Substantial Snacking Desserts Coffee and other grocery products The company has two reportable segments defined by geographic region: North America and International Developed Markets. Its other segments, West and East Emerging Markets (WEEM) and Asia Emerging Markets (AEM), are combined and reported as Emerging Markets.
Kraft Heinz brands include:
Kraft Oscar Mayer Heinz Philadelphia Lunchables Velveeta Ore-Ida Capri Sun Maxwell House Kool-Aid Jell-O Golden Circle Wattie’s Plasmon ABC Master Quero Pudliszki The company manufactures its products from a wide variety of raw materials and sells them through its sales organizations and independent brokers, agents, and distributors.
In February 2026, Kraft Heinz scrapped its planned corporate split. New CEO Steve Cahillane cited worsening conditions in the food industry, while emphasizing that the company’s challenges are “fixable and within our control.” Rather than breaking up, the company is intensifying its turnaround efforts. It is committing $600 million to marketing, sales, and research and development to drive the strategy. The decision follows a 3.5% decline in net sales in 2025, with further declines expected in 2026. By canceling the split, Kraft Heinz is now fully focused on stabilizing and rebuilding the business. CEO Greg Abel indicated that Berkshire Hathaway is no longer planning to sell its stake in Kraft Heinz.
The swift reversal is being viewed as a reflection of Abel’s more hands-on management approach, as he reportedly expressed dissatisfaction, prompting the company to change direction quickly. For now, Berkshire appears committed to holding its position, although the registered shares could still be sold if conditions shift. If they don’t, and the transition is successful, this could be a contrarian home run for investors.
DZ Bank has a Strong Buy rating with a $31 target price.
Comcast This top media and entertainment company remains a Wall Street favorite and pays a solid 5.56% dividend. Comcast (NASDAQ: CMCSA) is a global media and technology company that operates through four segments:
Residential Connectivity & Platforms Business Services Connectivity Media, Studios Theme Parks The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.
The Business Services Connectivity segment offers connectivity services for small business locations, including broadband, wireline voice, and wireless services. It also offers solutions for medium-sized customers, larger enterprises, and small business connectivity services in the United Kingdom.
The Media segment operates NBCUniversal’s television and streaming business, including:
National and regional cable networks The NBC and Telemundo broadcast networks Owned local broadcast television stations Peacock, a direct-to-consumer streaming service It also operates international television networks, including the Sky Sports networks, as well as other digital properties.
The Studios segment operates NBCUniversal and Sky film and television studio production and distribution operations.
The Theme Parks segment operates Universal theme parks in:
Orlando, Florida Hollywood, California Osaka, Japan Beijing, China Citigroup has a Buy rating and a $35.50 target price.
Paychex While off the radar for many investors, this company offers a solid 4.48% dividend and significant upside potential. Paychex (NASDAQ: PAYX) is a human capital management (HCM) company that delivers a full suite of technology and advisory solutions in human resources, employee benefits, insurance, and payroll to clients and their employees in the United States and parts of Europe.
It offers integrated HCM solutions covering the employee life cycle for businesses and their employees. It supports clients through its proprietary Paychex Flex platform, Paycor, and SurePayroll software-as-a-service (SaaS) solution.
The company’s services include:
Payroll services Time and attendance Employee benefits Human resources Professional employer organization Talent management, business insurance, and payment processing Its talent management includes:
Recruiting Hiring and onboarding Performance management Learning and development Compensation management Employee engagement and recognition Employee benefits Argus has a Buy rating with a $110 price target.
PepsiCo This top consumer staples stock reported solid first-quarter earnings and will continue to supply all the goods for summer picnics and parties. PepsiCo (NASDAQ: PEP) is a global food and beverage company with a very solid 3.95% dividend yield and a forward P/E of 16.92. Activist investor Elliott Investment Management took a $4 billion stake in PepsiCo last September, revealing a strategy to unlock value within the company’s iconic brand by focusing on core strengths, such as innovation and brand marketing, rather than its capital-intensive bottling operations. This move caused PepsiCo’s stock to surge, with Elliott believing the company could see over 50% upside if its proposed strategic changes were implemented. However, these changes would involve a very long-term transformation.
Its Frito-Lay North America segment offers:
Lays and Ruffles potato chips Doritos, Tostitos, and Santitas tortilla chips Cheetos cheese-flavored snacks, branded dips Fritos corn chips The company’s Quaker Foods North America segment provides:
Quaker Oatmeal Grits Rice cakes Natural granola and oat squares Pearl Milling mixes and syrups Quaker Chewy granola bars Cap’n Crunch cereal Life cereal Rice-A-Roni side dishes PepsiCo’s North America Beverages segment offers beverage concentrates, fountain syrups, and finished goods under these brands:
Pepsi Gatorade Mountain Dew Diet Pepsi Aquafina Diet Mountain Dew Tropicana Pure Premium Sierra Mist Mug Goldman Sachs has a Buy rating with a $183 price objective.
Mondelez This consumer staples giant is always a safe bet when the going gets tough, especially with a 3.33% dividend yield. Mondelez International (NASDAQ: MDLZ) is a snack company. The company’s core business is the manufacture and sale of chocolate, biscuits, and baked snacks. It also has additional businesses in adjacent, locally relevant categories, including
Gum and candy Cheese Grocery Powdered beverages Its portfolio includes global and local brands such as Oreo, Ritz, LU, Clif Bar, and Tate’s Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka, and Toblerone chocolate.
Mondelez segments include Latin America, AMEA, Europe, and North America. It sells its products in over 150 countries and operates in approximately 80 of them, with 147 principal manufacturing and processing facilities. The company sells its products to:
Supermarket chains Wholesalers Supercenters Club stores Mass merchandisers Distributors Convenience stores Gasoline stations Drug stores Value stores Retail food outlets J.P. Morgan has an Overweight rating and a $70 price target.
Contracts awarded by Bechtel and Cheniere to supply primary liquefaction equipment, including main refrigerant compressors and gas turbines, for the first phase of the Sabine Pass Expansion ProjectTechnology packages support an additional nameplate capacity of over 6 million tons per annum (MTPA) for Train 7 and boil-off gas re-liquefaction unitServices award provides fleet-wide gas turbine upgrades to enhance power, driving LNG production
HOUSTON and LONDON, July 09, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday three substantial awards for Cheniere’s Sabine Pass LNG facility in Cameron Parish, Louisiana. The awards, booked in the second quarter, comprise orders from Bechtel Energy Inc. (Bechtel) and Cheniere to supply liquefaction equipment for Train 7 and for a boil-off gas re-liquefaction unit, as well as an award for fleet-wide gas turbine technology upgrades.
The equipment orders for Phase 1 of the Sabine Pass expansion project include seven PGT25+ G4 gas turbines driving 15 centrifugal compressors, enabling approximately 6 million tons per annum (MTPA) of additional LNG production capacity.
Additionally, Baker Hughes will deliver upgrades across the entire fleet of installed aeroderivative PGT25+ G4 gas turbines at the Sabine Pass facility over a four-year period. These upgrades will help to increase the power output of the turbines to enhance LNG production capabilities, helping deliver efficiency across the facility’s current approximate 30 MTPA capacity. These upgrades, together with Train 7 and the boil-off gas re-liquefaction unit, are expected to add over 6 MTPA of capacity at Sabine Pass.
The expansion and upgrade of the Sabine Pass LNG terminal support growing global demand for natural gas in energy and industrial applications, helping to deliver affordable energy supply.
“These comprehensive technology solutions, from advanced liquefaction equipment to lifecycle services, help our customers expand LNG production and meet growing energy demand,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “Our differentiated portfolio of equipment, technologies and services enables us to deliver comprehensive solutions that help customers accelerate project execution, enhance reliability and unlock long-term value.”
“We are pleased to continue our decades-long collaboration with Baker Hughes, a key partner in the development of Sabine Pass into one of the largest LNG facilities in the world,” said Cheniere Chairman, President and CEO Jack Fusco. “These equipment orders, lifecycle services and technology upgrades are critical to facilitate further optimization and efficiency upgrades throughout the Cheniere platform.”
About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.
Cognizant's Frontier workforce model to create the human infrastructure that turns AI investment into enterprise outcomes Backed by decades of running technology and operations at enterprise scale, Cognizant's human capital operating model embeds outcome-owning Frontier talent inside client operations Cognizant Frontier talent operates across any cloud, any model to help close the gap between AI capability and enterprise results , /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading AI Builder and technology services provider, today announced it was committing to scaling its Frontier-certified workforce, the human and operational infrastructure enterprises need to convert AI capability into measurable business results, to 5,000 Frontier Certified Engineers and 10,000 Frontier Business Operators.
Cognizant's people investment will yield its first cohort, which will be both Frontier-assessed and deployment-ready, by fourth quarter, 2026. Cognizant also plans to augment its own Frontier talent pipeline through annual direct hires of Frontier-native talent from American and global universities.
This human capital investment is focused on solving an urgent problem facing enterprises today: most organizations have spent more on AI than on any technology in a generation, and most have little to show for it. Cognizant measures the gap between what AI can deliver and what enterprises actually realize at $4.5 trillion. That gap is not a compute problem. It is a people and process problem, and it will not be closed by provisioning more infrastructure. The required investment is skilling and deploying more Frontier-ready talent into client-oriented delivery to help clients realize a return on their technology investment.
"Closing the AI outcome gap demands talent who not only understands a client's industry deeply but can also reimagine the way work is structured and take end-to-end responsibility for delivering results in collaboration with clients, on any model or cloud the client selects," said Cognizant CEO Ravi Kumar S. "That is what a Frontier workforce does. By taking accountability for outcomes rather than stopping at technology deployment, we can help clients accelerate measurable results while managing risk. Cognizant's industry context and experience position us uniquely to unlock the value that has remained out of reach during this shift toward outcome-based delivery and a new chapter in human capital."
Cognizant's Frontier workforce is model- and cloud-agnostic by design. Its teams build an organization's unique context into whatever stack the client has already chosen, across a partnership footprint that spans Anthropic, OpenAI, Microsoft, Google, AWS, NVIDIA, Salesforce, and ServiceNow. The result is durable capability designed for enterprise ownership and portability across environments, otherwise known as solutions that are geared towards the problems being experienced by our client, not the closest thing a proprietary platform can accomplish.
"AI has exposed 93% of jobs to change, and the associated labor value remains untapped because the workforce architecture built for a pre-AI world cannot capture it. So we rebuilt the architecture for the world we are in now," said Cognizant Chief People Officer, Kathy Diaz. "Industry domain depth is a core strength of Cognizant, and we bring enterprise-scale experience across technology, processes and operations. We know how to take these powerful frontier tools and turn them into real business value, and we are training our workforce to do it at scale."
Cognizant Chief Learning Officer, Thiru Arohi said: "We are developing a new professional identity for the AI era. We are investing in the infrastructure behind this identity: the Academy, the assessment architecture, the certification pathway, and the talent pipeline from campus to senior practitioner. What we are scaling is not headcount, but a workforce capable of closing the outcome gap that no model, platform, or deployment engineer can close alone."
This Frontier model is anchored in six principles: interdisciplinary capability; a direct linkage to customer value; building, deploying, or working alongside agents as routine; end-to-end accountability; delivery through a small operational pod; and a single, unified Cognizant experience for the client. The workforce will be organized as a single premium job family of seven roles across two complementary tracks, Frontier Certified Engineers and Frontier Business Operators:
Frontier Certified Engineers: Frontier Certified Engineers architect and build agentic systems, engineer the retrieval and context layers that keep those systems grounded in domain reality, and orchestrate multi-agent pipelines into live production, remaining accountable for every system they deploy, including ongoing monitoring, tuning and improvement cycles that follow go-live. They are where industry domain expertise, full-stack AI engineering and production accountability converge in a single practitioner. They enter a client environment already fluent in its regulatory constraints, operational failure modes and business logic, and use that fluency to determine not just what AI can do, but what it should do, and how it must be governed to be trusted in alignment with client requirements. Frontier Business Operators: Frontier Business Operators are responsible for delivering operational outcomes in collaboration with client stakeholders in environments where the workforce is simultaneously human and digital, managing agent fleets and human teams against a committed outcome, in real time, with no separation between the two. Their edge is not technical configuration; it is the judgment that comes from having run the operations floors, claims pipelines, and service workflows that AI agents are now being asked to take on. They know how to feed every exception and override back into agent calibration, so the system is continuously refined to improve reliability over time. What sets these roles apart from being forward deployed engineers is permanence, accountability and something that cannot be trained overnight: Cognizant's deep industry domain expertise and the hard-won experience of an AI builder running enterprise operations at scale. The model is already live — a two-person Engineer-and-Operator pod recently reimagined a large food service company's account-management workflow into seventeen production AI agents, reclaiming roughly eleven hours per account manager each week while cutting handoff cycles by about 60 percent and nearly tripling their revenue per engagement.
Underpinning the commitment is a model built to scale and to reach the client. Cognizant stands up local capacity inside client clusters so certified pods deploy close to the work they own, while its global capability centers supply the talent base behind them. The elevation funnel narrows at each stage: from a broad base of AI-fluency skilling across hundreds of thousands of associates, through structured AI-Bridge programs to 40,000 in Frontier certification, credentialed directly by the frontier-model companies, including GitHub Copilot, Google Gemini, Anthropic's Claude, and OpenAI's Codex. Today's announced investment will expand Cognizant's SkillSpring™ capacity, deliver AI-fluency and responsible-AI training across the workforce, and fund embedded client engagements worldwide.
For enterprises, the payoff is measured where it matters most: AI investment converted into business results, delivering value from the technology stack they already run, with accountability through an AI builder firm that lasts well beyond go-live. In committing to the people who deliver those outcomes, Cognizant is making a strategic bet that the defining edge of the AI era will be human and operational, and positioning its clients to pursue the financial return from their technology investment which has eluded them. That is the future of AI: not just capability, but outcomes that endure.
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.
PALO ALTO, Calif.--(BUSINESS WIRE)--Intapp (NASDAQ: INTA), the leading governed AI platform for professional firms in highly regulated industries, today announces that Wotton Kearney has selected Intapp DealCloud with Celeste. The firm will use the platform to unify relationship intelligence and equip its lawyers and business development and marketing teams with AI-driven insights and agentic capabilities.A platform built for international growthWotton Kearney is Asia Pacific's leading specialis.
NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)--Investor protection law firm Kaskela Law is investigating the Global Business Travel Group, Inc. (NYSE: GBTG) (“GBTG”) shareholder buyout to determine whether the transaction as structured is fair and provides investors with a sufficient price for their GBTG shares.
Click here for additional information: https://kaskelalaw.com/case/global-business-travel-group/
On May 4, 2026, GBTG announced that it had agreed to be privatized at a price of $9.50 per share in cash. Upon completion of the transaction, GBTG’s public shareholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded.
The investigation seeks to determine whether GBTG shareholders are receiving sufficient monetary consideration for their shares, and whether the company’s officers and/or directors breached their fiduciary duties or violated the securities laws in agreeing to the $9.50 per share buyout price. Critically, at the time the buyout was disclosed to public investors, at least one stock analyst was maintaining a price target for GBTG’s shares of $12.00 per share – over 25% higher than the buyout price.
GBTG shareholders are encouraged to contact co-lead investigative attorney Adrienne Bell, Esquire to discuss their no-cost legal rights and options at (484) 229 – 0750, by email at [email protected], or by filling out the firm’s online form at:
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis (i.e., the firm’s clients are never responsible for any out-of-pocket costs for legal representation). Since 2020, the firm has aided in the recovery of over $500 million for investors. For additional information about Kaskela Law LLC, including the firm’s recent notable recoveries for investors, please visit www.kaskelalaw.com.
CONTACT:
This notice may constitute attorney advertising in certain jurisdictions.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced that it will report financial results for the second quarter of 2026 before the market opens on Thursday, July 23, 2026, and will hold a conference call at 3:00 p.m. Eastern time to discuss results. The call can be accessed live on Old Republic's website at www.oldrepublic.com or by dialing 800-715-9871, passcode 2246765.
Investors may also access a replay of the call by dialing 800-770-2030, passcode 2246765, which will be available through Thursday, July 30, 2026. The replay will also be available on Old Republic's website.
About Old Republic
Old Republic is a leading specialty insurer that operates diverse property & casualty and title insurance companies. Founded in 1923 and a member of the Fortune 500®, we are a leader in underwriting and risk management services for business partners across the United States and Canada. Our specialized operating companies offer significant expertise in their fields, enabling us to provide tailored solutions that set us apart. For more information, please visit www.oldrepublic.com.
At Old Republic:
At Financial Relations Board:
Craig R. Smiddy: President and Chief Executive Officer
Enterprise Products Partners is positioned to benefit from AI-driven energy demand and global energy market disruptions, supporting resilient, long-term growth. EPD just raised its dividend for the second time in a year, offering a 6% yield with the potential for accelerated future dividend growth as capex declines. Forecasted EBITDA growth averages 6% annually through 2028, with lower leverage and increased free cash flow enabling higher shareholder returns via dividends and buybacks.
ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S, is proud to be recognized on TIME's list of America's Best Companies 2026. This prestigious award is presented in collaboration with Statista, one of the world's leading statistics portal and industry ranking provider. “We are honored to be recognized by TIME,” said Dan Clara, Asbury's President and Chief Executive Officer. “This recognition is a testament.
NEW YORK--(BUSINESS WIRE)--CRH (NYSE: CRH), the leading provider of building materials, will publish its Q2 2026 financial results before market open on Thursday, July 30, 2026, in advance of a conference call and webcast presentation at 8:00 a.m. (EDT).CRH's results and the related presentation will be available at www.crh.com/investors/results-presentations.Registrations for the event can be made at www.crh.com/investors. Upon registration a link to join the call and dial-in details will be ma.
Brisbane, Queensland, Australia--(Newsfile Corp. - July 9, 2026) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce positive performance test results for its THERMAL XR® ENHANCE coating - now surpassing 30,000 hours of salt spray testing under test method ASTM B117-19 at an external laboratory.
Figure 1 shows the certification of no corrosion after 30,000 hours of salt spray testing from an external laboratory in the USA.
Figure 1: Certification of 30,000 hours of salt spray test ASTM B117-19 for THERMAL-XR®
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8082/304571_b07b8c7464006bc2_001full.jpg
Figure 2 shows the images of the THERMAL-XR® coated plates upon the commencement of tests. Figure 3 shows the images of the various THERMAL-XR® coated plates after 30,000 hours of salt spray testing.
Figure 2: Image of THERMAL-XR® coated plates upon commencement of tests
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8082/304571_b07b8c7464006bc2_002full.jpg
Figure 3: Images of THERMAL-XR® coated plates after 30,000 hours of salt sea spray testing
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8082/304571_gmg3en.jpg
GMG's Managing Director and CEO, Craig Nicol, commented: "Reaching more than 30,000 hours of ASTM B117-19 salt sea spray testing with no observed corrosion is a significant validation of THERMAL-XR® ENHANCE in one of the harshest standard corrosion test environments available. To put this in context, many premium automotive, building and industrial coatings are benchmarked at around 1,000 hours, and high-performance marine and offshore systems at 2,000 hours or more, with extended programmes for some advanced systems reaching into the low thousands of hours. By surpassing 30,000 hours in continuous salt spray testing while also delivering improved heat transfer under high air-flow conditions, THERMAL-XR® ENHANCE demonstrates truly next-generation performance in both corrosion protection and heat-exchange efficiency."
GMG's Chairman and Non-Executive Director, Jack Perkowski, commented: "It is fantastic to see THERMAL-XR® ENHANCE providing measurable benefits in such an important application - space cooling, refrigeration and data centres in demanding operating and environmental conditions. These results, combined with our growing regulatory approvals and distribution footprint, give us confidence in the role THERMAL-XR® can play as a global benchmark coating for energy savings and corrosion protection."
THERMAL-XR® ENHANCE Development and EPA Approval History
MonthSignificant Milestones for THERMAL-XR® powered by GMG GrapheneSeptember 2022GMG acquires THERMAL-XR® manufacturing intellectual property and brand rights
GMG ACQUIRES THERMAL-XR MANUFACTURING INTELLECTUAL PROPERTY AND BRAND RIGHTS AND GRANTS RSUs TO DIRECTORS AND OFFICERS - Graphene Manufacturing Group | GMG (graphenemg.com)December 2022Verified Improved Heat Transfer by The University of Queensland.
VERIFIED IMPROVED HEAT TRANSFER ON ALUMINIUM WITH THERMAL-XR® & MARKET UPDATE - Graphene Manufacturing Group | GMG (graphenemg.com)February 2023Approval from Australian Industrial Chemicals Introduction Scheme (AICIS)
GMG RECEIVES REGULATORY APPROVAL TO ENABLE SIGNIFICANT COMMERCIAL SALES - Graphene Manufacturing Group | GMG (graphenemg.com)April 2023Total available market for THERMAL-XR® estimated by Company to be > US$28.4 billion
GMG ANNOUNCES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)April 2023First order of THERMAL-XR® > $120,000
GMG ANNOUNCES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)May 2023Signing of Distributors for Singapore, Thailand, Indonesia & South Korea
GMG SIGNS THERMAL-XR® DISTRIBUTOR AGREEMENTS IN 4 ASIAN COUNTRIES - Graphene Manufacturing Group | GMG (graphenemg.com)June 2023Independently Verified Heat Transfer & Energy Savings
GMG ANNOUNCES INDEPENDENTLY VERIFIED HEAT TRANSFER AND ENERGY SAVINGS RESULTS FROM THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)July 2023Signing of Nu-Calgon Distribution for North America - USA, Canada, Mexico, & Caribbean.
GMG APPOINTS NU-CALGON AS THERMAL-XR® DISTRIBUTOR FOR NORTH AMERICA - Graphene Manufacturing Group | GMG (graphenemg.com)August 2023Commissioning of THERMAL-XR® Coating Bulk Blend Plant
GMG PROVIDES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)October 2023Forward Orders > AU$ 400k - Conditional on Import Approvals for some Countries
GMG PROVIDES COMMERCIALISATION UPDATE ON ENERGY SAVINGS COATING THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)December 2023Commissioning of the modular Graphene Production plant
Graphene Manufacturing Group Commissions Modular Graphene Production Plant - Graphene Manufacturing Group | GMG (graphenemg.com)January 2024Canada Approval Department of Environment and Climate Change Canada (ECCC)January 2024Launch of Nu-Calgon CoolWorx® powered by GMG Graphene at Chicago AHR Expo 2024.
Launch of Nu-Calgon CoolWorx® powered by GMG Graphene at Chicago AHR Expo 2024.April 2024GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR®
GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR®December 2024GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR®
GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR®December 2025USA EPA Approval Conditions Accepted for Graphene Coating THERMAL-XR®
USA EPA Approval Conditions Accepted for Graphene Coating THERMAL-XR®December 2025USA EPA Approval Conditions Accepted for Graphene Coating THERMAL-XR®
USA EPA Approval Conditions Accepted for Graphene Coating THERMAL-XR®March 2026THERMAL-XR® Sales in the United States to Commence after GMG Receives US EPA Approval
THERMAL-XR® Sales in the United States to Commence after GMG Receives US EPA ApprovalJune 2026GMG Delivers its first ever bulk shipment of THERMAL-XR® to Nu Calgon in the USA
GMG Delivers its first ever bulk shipment of THERMAL-XR® to Nu Calgon in the USAAbout THERMAL-XR® ENHANCE powered by GMG Graphene:
THERMAL-XR® ENHANCE coating system is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.
THERMAL-XR® ENHANCE is now patented for 20 years in Australia and is expected to be patented in other countries around the world.
About GMG:
GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.
The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.
In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.
GMG's 4 critical business objectives are:
Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation Battery Develop Supply Chain, Partners & Project Execution CapabilityNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects", "anticipates", "plans", "estimates" or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. These statements, referred to herein as "forward-looking statements", are not historical facts and are made as of the date of this news release.
Forward-looking statements in this news release include, without limitation, statements regarding: the Company's expectations relating to the performance, durability, energy savings and enhanced corrosion resistance of the THERMAL-XR® ENHANCE graphene coating product in commercial applications; the Company's belief that THERMAL-XR® ENHANCE represents next-generation heat transfer technology and a global benchmark coating; the anticipated benefits of THERMAL-XR® ENHANCE in radiators, HVAC-R systems, engine cooling and other industrial and building applications; the Company's expectations regarding market demand and commercialisation of THERMAL-XR® ENHANCE and related products (including Nu-Calgon CoolWorx® powered by GMG Graphene); references to typical ASTM B117-19 salt spray benchmark durations for premium automotive, building, industrial, marine and offshore coatings and statements comparing those benchmarks to THERMAL-XR® ENHANCE's extended salt spray test duration; and the Company's regulatory and commercialisation plans in the United States and other jurisdictions, including the implications of approvals or consent orders from regulators such as the United States Environmental Protection Agency (EPA) and the Department of Environment and Climate Change Canada (ECCC), GMG's intentions to develop commercial scale-up capabilities, GMG's focus in the energy savings segment, GMG's intentions for the use of graphene lubricant additive on saving liquid fuels, expectations for R&D and commercialisation of G+AI Batteries, GMG's ability to improve the performance of lithium-ion batteries and the Company's four critical business objectives.
Such forward-looking statements are based on a number of assumptions of management, including, without limitation: that the results observed in laboratory salt sea spray testing and other technical evaluations of THERMAL-XR® ENHANCE (including extended ASTM B117-19 test durations) will be indicative of performance in real-world commercial operating conditions; that THERMAL-XR® ENHANCE will continue to perform as expected over extended periods; that comparisons to typical salt spray benchmark durations for other coatings are a useful indicator of relative corrosion-resistance performance, recognising that ASTM B117-19 is an accelerated, comparative test method and not a direct predictor of in-service lifespan; that regulatory approvals, consent notices and other permissions (including those from the EPA, ECCC and other national or regional authorities) will remain in effect on terms acceptable to the Company; that the Company and its distributors will be able to market, sell and deliver THERMAL-XR® ENHANCE and related products into target markets as planned; that sufficient customer demand will develop for energy-saving and corrosion-protection coatings at the performance levels contemplated; and that the Company's cash position, access to capital and business fundamentals will remain supportive of its commercialisation plans.
Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: the risk that laboratory test results, including salt sea spray testing duration and performance, do not translate into equivalent real-world performance; the risk that extended salt spray test durations may be misinterpreted as direct indicators of product life in service; technical de-risking and market acceptance risks for THERMAL-XR® ENHANCE and other products; construction, scale-up, manufacturing and supply chain risks; the risk that required approvals, consent notices or permits are not received, are delayed, are revoked or are received or maintained on terms that are not acceptable to the Company (including from the EPA, ECCC and other regulators); changes in environmental, chemical or product-safety regulations; competitive product and technology developments; overall economic conditions and capital market volatility; foreign exchange fluctuations; and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that is incorporated by reference herein, except as required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304571
Source: Graphene Manufacturing Group Ltd.
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PAWTUCKET, R.I.--(BUSINESS WIRE)--Blooms by Play-Doh invites adults to slow down, create and display realistic floral arrangements using Play-Doh compound.
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)---- $VENU #CBRE--Venu Holding Corporation ("VENU" or the "Company") (NYSE AMERICAN: VENU), owner, operator, and developer of premium live entertainment destinations, today announced that CBRE Group Inc. (NYSE: CBRE), retained by the Company to secure Commercial Property Assessed Clean Energy ("C-PACE") financing, has identified more than $150 million in gross proceeds for VENU®. C-PACE proceeds are expected to fully fund the balance of construction for Regent Bank Amphi.
World's tallest, fastest and longest giga dive coaster makes history
Tormenta Video and Photos: Click Here
, /PRNewswire/ -- The wait is finally over as Six Flags Over Texas today unleashes Tormenta: Rampaging Run. Breaking six world records, Tormenta: Rampaging Run is the tallest, fastest, longest and first-ever giga (any coaster 300-399 feet tall) dive coaster in the world. Themed after the exhilarating power and strength of the legendary bull, the park's newest signature attraction towers over a new Spanish village called Rancho de la Tormenta, located in the park's Spain area.
Daring villagers are carried 309 feet above the ground, giving them a breathtaking and panoramic view of Arlington, the Dallas-Fort Worth Metroplex and Six Flags Over Texas far below. Just before the terrifying 285-foot first drop, the train pauses over the edge for three seconds, giving riders a new sense of fear as they stare straight down at the world below. After what feels like an eternity, Tormenta begins its Rampaging Run, speeding through a tall and twisted layout.
Tormenta: Rampaging Run's World Records
Tallest dive coaster – At a height of 309 feet, Tormenta: Rampaging Run towers over every other dive coaster in the world. Fastest dive coaster – Reaching a top speed of 87 mph, no other dive coaster is faster. Longest dive coaster – The legendary bull runs fast through 4,199 feet of weightless "airtime" moments, sharp turns and drops. Tallest vertical loop – Rising 179 feet, the vertical loop is the highest on any roller coaster in the world. Highest Immelmann inversion – Riders are flipped head over heels at 218 feet in the ride's first upside-down moment, the Immelmann – a fighter jet-like maneuver that takes the train into a half loop, then a half roll before traveling in the opposite direction. Highest beyond-vertical drop – Once the train is finally released from its hold, it drops riders into a 95-degree, beyond-vertical drop as they plunge 285 feet toward the earth. "Tormenta: Rampaging Run forever changes not only the Arlington skyline, but the full lineup of thrills only offered at Six Flags Over Texas," said Pete Carmichael, park president of Six Flags Over Texas. "With the addition of this record-breaking dive coaster, Six Flags Over Texas is a must-visit destination for thrill lovers from all over the world, and we can't wait for our guests to take their first rampaging run!"
Rancho de la Tormenta Plaza
This new and immersive themed area depicts an old and secluded Spanish village, warmly inviting guests to partake in the excitement of the annual festival celebrating the ranch hands who raised the cattle that brought prosperity to the community. The "Festival Taurino" offers an atmosphere filled with vibrant and colorful banners, a range of entertainment and its signature attraction, Tormenta: Rampaging Run.
The town was initially named after the storms (tormentas) that swept across the plains it occupied, but that soon changed with the birth of the legendary bull that grew to be the most feared and respected animal in the land. Known for its fierce strength and incredible speed, the bull, nicknamed "Tormenta," came to be a symbol of the town's resilience and might.
Six Flags Over Texas 65th Anniversary
In 2026, Six Flags Over Texas celebrates 65 years of family fun. Opened on Aug. 1, 1961, the park marked a new era in family entertainment and set a precedent for future amusement parks. As the original park in the Six Flags family, it's celebrating with special events, giveaways and many surprises throughout the summer that honor its legacy and past.
Tormenta: Rampaging Run opens to the public today. Guests looking to ride Tormenta: Rampaging Run all season will find the best value in a 2026 Gold Pass, providing season-long access to Six Flags Over Texas, Hurricane Harbor Water Park, free general parking, bring-a-friend discounts and more.
About Six Flags Over Texas
Six Flags Over Texas is home to more than 100 rides, shows and attractions, including 14 world-class roller coasters like New Texas Giant and Titan. Six Flags Hurricane Harbor, the largest water park in North Texas, features more than 40 rides and attractions, including Typhoon Twister and Tsunami Surge. Six Flags Over Texas and Hurricane Harbor are the premier destinations for thrilling family fun.
About Six Flags Entertainment Corporation
Six Flags Entertainment Corporation (NYSE: FUN) is North America's largest regional amusement-resort enterprise. The Company operates a premier portfolio of 20 amusement parks, 14 water parks, and nine resort properties across 13 U.S. states, Canada, and Mexico, as well as an amusement park in Saudi Arabia. Focused on its purpose of creating FUN, thrills, and a lifetime of memories, Six Flags provides immersive entertainment to millions of guests every year with world-class coasters, themed rides, and thrilling water parks powered by beloved intellectual property such as Looney Tunes®, DC Comics®, and PEANUTS®.
Creates Unified Operations Organization Spanning Factory Floor to Customer Delivery as Enovix Scales High-Volume Production July 09, 2026 07:30 ET | Source: Enovix Corporation
FREMONT, Calif., July 09, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a developer and manufacturer of advanced lithium-ion batteries, including proprietary silicon-anode architectures, today announced that Dr. Michael Vyvoda, former Director of Product Operations at Apple who helped scale AirPods manufacturing to high-volume production, will join the Company as Chief Operating Officer, effective July 29, 2026. Michael will report to Dr. Raj Talluri, President and CEO, and will assume responsibility for Enovix’s global manufacturing, supply chain and operations engineering organizations as the Company scales to sustained, high-volume production at its Malaysia and Korea manufacturing facilities, with R&D support from its India operations. Senior Vice President Kihong (“KH”) Park, who leads Global Manufacturing Operations; Ed Casey, who leads Advanced Manufacturing Engineering (AME); and James Wilcox, Vice President of Strategic Sourcing, will report to Michael, establishing a unified operations organization with end-to-end responsibility from the factory floor to customer delivery.
Michael’s appointment comes as Enovix accelerates the commercial execution of its next-generation battery platforms. As reported in its first quarter 2026 results, Enovix grew revenue 49% year over year to $7.6 million, exceeding the high end of guidance, delivered its sixth consecutive quarter of positive gross profit and expanded its global pipeline for Korea-manufactured products to more than $130 million. Production of Enovix’s silicon-anode battery for smart eyewear is underway following receipt of its first commercial production order of approximately 50,000 units, smartphone qualification continues to advance and the Company recently launched its MX-1™ platform for the rapidly growing drone and defense markets. As these programs scale simultaneously, successfully coordinating manufacturing, supply chain, quality and customer delivery across multiple sites, products and end markets becomes increasingly critical. In his new role, Michael will lead this next phase of operational execution, driving a disciplined, repeatable manufacturing ramp across Enovix’s global operations.
“Michael brings exactly the kind of broad, cross-functional operating leadership Enovix needs at this stage,” said Dr. Talluri. “We are scaling into sustained, multi-site, high-volume manufacturing across smartphone, smart eyewear, defense and industrial platforms simultaneously. Michael has done this before — building manufacturing organizations that successfully transition products from introduction to high-volume production while improving yield, throughput, cost and operational discipline. Just as importantly, he understands how operational excellence translates into customer success, commercial execution and long-term shareholder value. With Michael, KH, Ed and James, Enovix now has a deeply experienced, fully integrated operations leadership team. Michael’s arrival further strengthens my confidence in our ability to execute our manufacturing ramp across these programs.”
Dr. Vyvoda brings more than 25 years of operations and manufacturing leadership experience spanning high-growth startups and global technology leaders. He joins Enovix from Magrathea Metals, where he served as Chief Operating Officer, leading operations for the company’s electrolytic magnesium development platform. Previously, he was Chief Operating Officer at Aircapture, where he took direct air capture technology from early development through commercialization, achieving successive generations of capital cost reduction. Earlier, Michael spent more than five years at Apple as Director, Product Operations for Audio Products, where he helped scale AirPods manufacturing from new product introduction to high-volume production across multiple Asian manufacturing sites, while leading cost reduction initiatives to support margin expansion. His operations background also includes senior manufacturing roles at ThinFilm Electronics, GT Advanced Technologies, Twin Creeks Technologies, SanDisk and Matrix Semiconductor. Michael holds a Ph.D. in Chemical Engineering from the University of California, Berkeley and a B.S. in Chemical Engineering from the University of Michigan.
“Enovix is at an inflection point — scaling from technology leadership into sustained, high-volume commercial manufacturing,” said Dr. Michael Vyvoda. “Scaling manufacturing at these levels requires repeatable processes, disciplined execution, operational visibility, continuous improvement and relentless cost reduction — all while upholding the highest standards of quality and safety. What drew me to Enovix is the rare combination of genuinely differentiated technology and customer demand across multiple large end markets. I’m looking forward to working with KH, Ed, James and the broader operations and engineering teams to scale a world-class manufacturing system supporting multiple high-volume product platforms for Enovix’s smartphone, smart eyewear, defense and industrial customers.”
Dr. Vyvoda’s appointment completes the deliberate strengthening of Enovix’s operating leadership as the Company advances from technology development to commercial-scale manufacturing, following the earlier additions of Ed Casey as Vice President, Operations, leading Advanced Manufacturing Engineering, and Sanghyuck Park as Senior Director, Advanced Manufacturing Engineering.
About Enovix
Enovix develops and manufactures advanced lithium-ion batteries, including proprietary silicon-anode architectures for smartphones, smart eyewear, defense, industrial and emerging edge-AI applications. Its proprietary silicon-anode battery architecture enables higher energy density and performance in space-constrained devices while maintaining safety and reliability, supporting commercialization across consumer and industrial markets.
Enovix is headquartered in Silicon Valley with manufacturing facilities in Korea and Malaysia and R&D operations in India, servicing customers globally. For more information visit https://enovix.com and follow us on LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or our future financial or operating performance and are identified by words such as anticipate, believe, could, estimate, expect, intend, may, might, plan, possible, potential, predict, project, should, will, would and similar expressions. Forward-looking statements in this press release include, but are not limited to, statements regarding: the expected timing, benefits and impact of our leadership appointment and organizational changes; our future growth opportunities; our ability to scale multiple programs simultaneously, and execute on our manufacturing ramp; among others. These statements are based on the current expectations of our management, are not predictions of actual performance, and actual results may differ materially from the future results, performance or achievements expressed or implied by the forward-looking statements.
Risks, uncertainties and assumptions that could cause actual results to differ materially from the results and events anticipated by such forward-looking statements include, but are not limited to: risks related to the timing of the leadership changes; the outcome of customer testing and qualification activities, including the possibility that our products do not meet required performance thresholds or that such testing is delayed beyond expected time frames; our ability to successfully develop, manufacture and commercialize our battery products and transition to high-volume production; our ability to scale manufacturing operations and achieve expected production capacity and yields; the level and timing of customer demand, qualification and adoption of our products across end markets; our ability to enter into and expand commercial agreements, including securing design wins, purchase orders and production contracts; our ability to execute on our business strategy and build and scale our sales and commercial capabilities; lengthy and unpredictable customer qualification and sales cycles, safety considerations and contractual terms, particularly in defense and other regulated markets; risks related to battery performance, reliability and safety; customer concentration in the defense sector and certain consumer technology markets, such as smartphones and smart eyewear; challenges in forecasting demand, inventory and manufacturing requirements that may result in additional costs and production delays; our history of losses and expectation of continued losses; risks associated with the development and commercialization of products that remain under development and may not be successfully produced at commercial scale; our ability to effectively integrate and derive benefits from acquired businesses; fluctuations in foreign currency exchange rates and interest rates; operational and safety risks associated with manufacturing equipment; intense competition and our ability to keep up with rapid technological change and evolving standards in the battery industry; our ability to attract and retain qualified personnel; the outcome of litigation, regulatory investigations and other legal matters, including the associated legal and other costs; liquidity constraints, capital availability and our ability to service existing debt; our ability to protect and enforce our intellectual property rights; volatility in the trading price of our common stock; changes in tax laws or regulations; the impact of cyber and other information technology or security related incidents on us, our customers or other parties; changes in the political, economic or regulatory environment generally and in the markets in which we operate; and other risks described in the disclosures contained in our filings with the Securities and Exchange Commission (“SEC”), including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our annual report on Form 10-K and quarterly reports on Form 10-Q, and other documents that we have filed, or will file, with the SEC. These documents are available in the SEC Filings section of the Investor Relations page at https://ir.enovix.com and at www.sec.gov.
It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Accordingly, you should not rely on any of the forward-looking statements. Any forward-looking statements in this press release speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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First peer-reviewed publication of chemotherapy-resistant gamma-delta T cells (DeltEx Drug Resistant Immunotherapy or DRI) clinical results in newly diagnosed glioblastoma
Repeat-dose patients achieved median progression-free survival (mPFS) of 16.1 months, more than double the ~6.9-month standard of care benchmark, with no dose-limiting toxicities (DLTs) NEW YORK, July 09, 2026 (GLOBE NEWSWIRE) -- IN8bio, Inc. (Nasdaq: INAB), a clinical-stage biopharmaceutical company developing innovative gamma-delta (γδ) T cell therapies and T cell engagers for cancer and autoimmune diseases, today announced the publication of peer-reviewed clinical data from its Phase 1 trial of INB-200 in The Journal of Clinical Oncology (JCO), one of the most prestigious oncology journals.
The publication, titled: “Intracranial injection of ex vivo expanded and activated gamma-delta T cells engineered with a MGMT-expressing lentivector in patients with primary glioblastoma,” reports results from the first-in-human study of an autologous, genetically modified γδ T cell therapy. The expanded, activated γδ T cells are engineered to be resistant to chemotherapy (DeltEx DRI) and delivered intracranially in combination with standard of care (SOC) temozolomide chemotherapy (TMZ).
The Phase 1 trial is a frequency-escalation study of DeltEx DRI in GBM patients in combination with the SOC Stupp regimen (surgical resection followed by chemoradiation and maintenance chemotherapy). A total of 13 patients were enrolled and treated across three cohorts with subjects in their respective cohorts receiving 1, 3, or up to 6 doses of DeltEx DRI in 28-day cycles during maintenance chemotherapy. Evaluations included the safety and feasibility of repeated intracranial administration during maintenance chemotherapy.
GBM is the most common malignant primary brain tumor in adults and one of the most aggressive and difficult cancers to treat, with overall survival of only ~11 months and a five-year survival of ~5%. Despite overall advances across numerous cancer therapies, survival in GBM has been almost unchanged in more than 20 years with no new drug approvals and only a single device approval. Recurrence is nearly universal with GBM patients facing rapid decline, very limited treatment options, and poor outcomes.
In the Phase 1 study, DeltEx DRI in combination with SOC demonstrated a well-tolerated safety profile with no DLTs, no cytokine release syndrome (CRS), and no immune effector cell-associated neurotoxicity (ICANS) observed. The therapy also showed compelling signals of clinical activity. Across all 13 treated patients, mPFS was 9.9 months, and a 43.5% improvement over the 6.9 months typically reported with SOC alone. The results were most striking in repeat-dose patients (those receiving 3 to 6 doses) where mPFS reached 16.1 months, more than double the SOC benchmark. Overall survival (OS) was equally notable: median OS in repeat-dose patients was 19.5 months, compared to a historical SOC mOS of approximately 14.6 months in this patient population.
“These peer-reviewed results validate the scientific foundation of our DeltEx platform and highlight the transformative potential of γδ T cells in treating solid tumors,” said William Ho, Chief Executive Officer and Co-founder of IN8bio. “Glioblastoma remains one of the most devastating cancers, and patients urgently need new treatment options. By enabling immune cells to remain active alongside conventional chemotherapy and delivering them directly to the tumor, DeltEx DRI is designed to drive meaningful synergies, improve patient outcomes, and change the treatment paradigm for this disease.”
“Publication in The Journal of Clinical Oncology represents a significant milestone for this program and for the broader effort to bring effective immunotherapies to patients with glioblastoma,” said Burt Nabors, M.D., Professor of Neurology, Director of Neuro-Oncology at the O’Neal Comprehensive Cancer Center at the University of Alabama at Birmingham, and lead investigator of the study. “This trial demonstrates that intracranial delivery of chemotherapy-resistant γδ T cells is feasible and well tolerated. The encouraging signals of prolonged disease control and absence of immune-mediated toxicity, particularly with repeated dosing, provide a compelling rationale for continued clinical development of this novel therapeutic approach.”
Despite aggressive SOC treatment, residual tumor cells persist in nearly all GBM patients, a key reason the disease remains almost universally fatal. The DeltEx DRI technology directly addresses this challenge: γδ T cells are engineered to resist being killed by the chemotherapy that is administered concurrently, then delivered intracranially to the tumor site, where they can attack residual cancer cells and potentially achieve deeper, more durable tumor responses. These JCO-published results offer meaningful evidence that this strategy can extend disease control in these patients with significant unmet need and support its continued advancement as a potential new treatment paradigm for solid tumors. IN8bio expects to provide additional updates to the DeltEx DRI program in newly diagnosed GBM later this year.
About INB-200 and INB-400 (DeltEx™ Drug Resistant Immunotherapy)
INB-200 and INB-400 are an autologous, genetically modified gamma-delta T cell therapy engineered with an MGMT-expressing lentivector designed to resist alkylating chemotherapy. The therapy is administered intracranially and is intended to work in combination with temozolomide to target residual tumor cells, enhance immune activation, and prolong disease control in patients with glioblastoma.
About IN8bio
IN8bio is a clinical-stage biopharmaceutical company developing γδ T cell and γδ T cell engager (TCE) product candidates to address unmet medical needs. γδ T cells are a specialized population of T cells that possess unique properties, including the ability to differentiate between healthy and diseased tissue. The Company’s pipeline is anchored by INB-600, a novel γδ T cell engager platform with potential applications across oncology and autoimmune indications. IN8bio is also advancing INB-100, an allogeneic γδ T cell candidate for adult patients with high-risk leukemias undergoing haploidentical stem cell transplantation, and INB-200/400, an autologous genetically modified γδ T cell candidate for newly diagnosed glioblastoma (GBM). For more information about IN8bio, visit www.IN8bio.com.
Forward-Looking Statements
This press release may contain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “aims,” “anticipates,” “believes,” “could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “plans,” “possible,” “potential,” “seeks,” “will” and variations of these words or similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain these words. Forward-looking statements in this press release include, but are not limited to, statements regarding: the therapeutic potential of IN8bio’s product candidates; the potential of DeltEx DRI γδ T cell therapy to improve outcomes in patients with newly diagnosed glioblastoma; IN8bio’s ability to achieve anticipated milestones, including continued clinical development and regulatory engagement; and other statements that are not historical fact. IN8bio may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from those anticipated as a result of various factors, including: risks to clinical trial progress, patient enrollment and follow-up; uncertainties inherent in the initiation and completion of clinical trials; whether outcomes from prior studies will be predictive of future clinical results; and other important factors described in greater detail in the section entitled “Risk Factors” in IN8bio’s most recent filings with the Securities and Exchange Commission (SEC). Any forward-looking statements contained in this press release speak only as of the date hereof, and IN8bio expressly disclaims any obligation to update any forward-looking statements contained herein, except as otherwise required by law.
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