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Valley National Bancorp declared its regular quarterly cash dividends for its preferred stock series A, B, and C, as well as its common stock. The common stock dividend remains unchanged from the prior quarter, signaling steady returns to shareholders amidst ongoing business operations.
GSI Technology won the Phase I contract from Hsinchu County, Taiwan, to deploy its Gemini-II Associative Processing Unit in a Smart City project focused on AI-based video analytics for public safety. This marks their first smart city deployment and could lead to multi-million dollar follow-on phases involving hardware sales and recurring software l…
Akamai Technologies announced a proposed offering of $2.6 billion aggregate principal amount of 0% convertible senior notes due 2030 and 2032 to qualified institutional buyers. The proceeds, net of related costs, will primarily fund accelerated capital expenditures for Akamai's Cloud Infrastructure Services and repurchase $350 million of its common…
Casella Waste Systems, a regional solid waste and recycling services company, announced that its management will present at two major investor conferences in June 2026: the William Blair 46th Annual Growth Stock Conference and the Stifel 2026 Investor Summit. Presentation materials will be made available on the company’s investor website prior to t…
Eagle Bancorp Montana announces a succession plan splitting the roles of CEO and President. Darryl Rensmon, formerly EVP and COO, is named President effective June 1, 2026, overseeing daily operations. Laura Clark remains CEO until her future retirement, with the transition aimed at maintaining strategic continuity and operational leadership.
Alpha Tau Medical reported Q1 2026 financial results and significant clinical advancements in its Alpha DaRT cancer therapy programs, including groundbreaking interim results in glioblastoma and completion of enrollment for a pivotal skin cancer trial in the US. The company strengthened its cash position to $80.2 million and is advancing toward pot…
C4 Therapeutics, a clinical-stage biopharmaceutical company specializing in targeted protein degradation, announced a grant of non-qualified stock options for 85,480 shares to a new employee as an inducement to join the company. The options will vest over four years and have an exercise price equal to the closing stock price on the grant date, in a…
Senior U.S. State Department intervention facilitated a visa for former Polish Justice Minister Zbigniew Ziobro, who faces 26 charges in Poland. The action, directed by Deputy Secretary Christopher Landau and justified to consular officials as urgent, enabled Ziobro to travel from Hungary to the United States ahead of a Hungarian change in governme…
Beam Therapeutics presented encouraging topline clinical data from its Phase 1/2 trial of BEAM-302, an investigational one-time gene editing therapy targeting the root cause of Alpha-1 Antitrypsin Deficiency (AATD). The data suggest durable correction of the PiZ mutation that causes both liver and lung disease manifestations, supporting plans for a…
Belite Bio, a clinical-stage biopharmaceutical company, announced that the Swiss Agency for Therapeutic Products (Swissmedic) has granted orphan drug status to its lead candidate tinlarebant for the treatment of Stargardt disease, a rare inherited retinal disorder. This follows positive Phase 3 DRAGON trial results demonstrating significant efficac…
Fitch Ratings raised Ovintiv Inc. and Ovintiv Canada, ULC’s Long-Term IDRs and senior unsecured ratings to BBB from BBB-, and lifted Short-Term IDRs and commercial paper ratings to F2 from F3. The upgrade reflects faster-than-expected execution of a debt reduction plan following the sale of an Anadarko basin asset and significant pro forma declines…
Yields on the 30-year US Treasury approached their highest levels in almost three years as investors balanced concerns about inflation and fiscal pressures against intermittent optimism over progress in talks to end hostilities between the US and Iran. The long bond moved sharply in Asian and New York trading as reports on negotiations and official…
The U.S. Treasury Department on Monday announced sanctions on nine Cuban officials, including the communications minister and several senior military officers, and designated the country's Directorate of Intelligence. The measures form part of a broader policy by the Trump administration aimed at increasing pressure on Cuba's communist government, …
Mexico's national grid operator, Centro Nacional de Control de Energía (CENACE), has signed an agreement with Turkish fleet owner Karpowership to send a floating gas-fired power plant to the Yucatan peninsula. The installation will provide 250 megawatts of generation capacity for use during peak demand over the next three years, with the vessel exp…
Toll Brothers, Inc., a leading luxury home builder, has announced the opening of its new community, Cameron Cove, in Marietta, Georgia. Featuring flexible single-family home designs and resort-style amenities, Cameron Cove offers homes priced from the mid-$600,000s in a sought-after school district and convenient location. This expansion reinforces…
Defense Secretary Pete Hegseth appeared at a campaign rally in Kentucky to endorse Republican Ed Gallrein over incumbent Representative Thomas Massie, a move that breaks with longstanding norms about military political neutrality. Hegseth framed his participation as personal and said Gallrein would align with President Donald Trump’s agenda, while …
A federal jury in Oakland, California, ruled unanimously on May 18 that OpenAI is not liable for allegedly departing from its founding mission to benefit humanity, finding Elon Musk's suit was filed too late. The verdict, reached in under two hours, prompted market observers and legal specialists to describe the decision as a major removal of legal…
Volkswagen's head in Brazil says the company is monitoring downward pressure on vehicle resale values as lower-priced Chinese automakers expand with electric and hybrid models. Despite geopolitical tensions linked to the war in Iran, Volkswagen reports supply disruptions are under control and has taken temporary measures such as airfreighting parts…
Prosecutors in Minnesota announced charges on May 18 against a U.S. Immigration and Customs Enforcement agent, Christian Castro, 53, accusing him of multiple counts of second-degree assault with a dangerous weapon and of falsely reporting a crime. The charges relate to a January shooting in Minneapolis that occurred amid a broader immigration enfor…
Lee E. Lyon II, an executive at First Commonwealth Financial Corp (FCF), recently divested common stock worth approximately $644,054. This sale occurred amid mixed financial reports for the company in 2026, including first-quarter earnings and revenue figures that fell short of analyst expectations.
Nvidia CEO Jensen Huang told Bloomberg Television that he expects Chinese authorities to permit imports of U.S.-made artificial intelligence chips over time. Huang, who traveled to Beijing as part of President Donald Trump's business delegation, said discussions about U.S. chip sales surfaced among officials, though he did not conduct direct negoti…
Clear Street said its chief executive, Ed Tilly, will retire from his executive role in June and transition to the board while founder and Executive Chairman Uri Cohen will become CEO effective June 1. The leadership change coincides with the firm eliminating more than 50 positions after abandoning plans to go public earlier this year, and with a p…
Tesla shares fell after SpaceX announced plans for an initial public offering, prompting analysts to warn that Wall Street capital and executive attention may shift toward the space company. The move has interrupted Tesla's role as the primary publicly traded way for retail investors to gain exposure to Elon Musk-led enterprises and coincides with …
A jury found that Elon Musk filed his lawsuit against OpenAI and its executives too late, dismissing his allegation that CEO Sam Altman and President Greg Brockman violated an agreement to keep OpenAI nonprofit. Musk sought roughly $150 billion in damages and the ouster of Altman and Brockman, but jurors unanimously sided with OpenAI after a three-…
Planet Fitness Inc. (NYSE: PLNT) shares climbed 1.7% on Monday following regulatory filings that disclosed open-market purchases by Chief Executive Officer Colleen Keating and board member Frances Rathke. Keating bought 5,000 Class A shares on May 12, 2026 at $49.54 per share, raising her beneficial ownership to 141,511 shares. Rathke acquired 5,00…
