News Hub

Jun 16, 2026

Avery Klein

Press Releases

Diana Shipping Inc. Reminds Genco Shipping & Trading Shareholders to Cast Their Vote for Independent, Fresh Perspectives in the Boardroom Ahead of Annual Meeting on June 18

Diana Shipping Inc., the largest shareholder of Genco Shipping & Trading Limited, calls on Genco shareholders to vote for Diana's nominees and against Genco’s poison pill and equity incentive plan which it claims protect current management at shareholders' expense. The proxy campaign highlights governance concerns including Genco's adoption of a po…

DSX

Jun 16, 2026

Derek Hwang

Press Releases

Bond Announces Conversion of Outstanding Debt into Equity at Significant Premium to Market

Our Bond, Inc. announced that Ascent Partners Fund LLC converted approximately $3.3 million of outstanding debt into Series G Convertible Preferred Stock at a conversion price of $2.0265 per share, more than double the recent market price. This transaction significantly decreases the company's debt load and strengthens its balance sheet. Additional…

OBAI

Jun 16, 2026

Caleb Monroe

Press Releases

EquipmentShare Announces Launch of Private Offering of Notes

EquipmentShare.com Inc (Nasdaq: EQPT), a leading US construction equipment rental and connected jobsite technology company, announced a private offering of $1.05 billion in senior secured second lien notes due 2034. The proceeds will be used primarily to repay borrowings under its asset-based revolving credit facility and for general corporate purp…

EQPT

Jun 16, 2026

Derek Hwang

Stock Markets

Yum! Brands to Exit Pizza Hut in $2.7 Billion Two-Deal Transaction

Yum! Brands announced definitive agreements to divest Pizza Hut in two separate transactions that together total $2.7 billion. Shares rose about 1% on the news. The deals split Pizza Hut between LongRange Capital for operations outside Mainland China and Yum China Holdings for the China business, with closing expected in the third quarter of 2026, …

Jun 16, 2026

Leila Farooq

Commodities

German auto industry welcomes EU approval of US trade deal but warns tariffs still bite

The VDA automotive association said the European Parliament’s endorsement of the EU-US trade agreement provides important clarity for German carmakers, but persistent U.S. tariffs - especially on trucks and buses - continue to pose a major challenge. The group urged the European Council to move quickly to formally adopt the accord, citing risks to …

Jun 16, 2026

Nina Shah

Trade Ideas

Why Microsoft Is an Underappreciated AI Compounder — Buy the Setup

Microsoft's scale, cloud footprint, and high-margin software flywheel position it to compound earnings meaningfully as AI monetization accelerates. The market is pricing growth conservatively — we initiate a long trade at $400.00 with a $480 target and $360 stop over a 180-trading-day horizon, balancing upside from multiple catalysts against execut…

MSFT

Jun 16, 2026

Maya Rios

Stock Markets

ABF Shares Fall as Citi Flags Primark Sales Risk Ahead of July Trading Update

Associated British Foods fell 1.6% to 1895.5p after Citi placed the stock on a negative catalyst watch and trimmed its price target, citing an expected 4% like-for-like sales decline at Primark in Q3 and a sequential slowdown versus the first half. The UK regulator cleared ABF’s purchase of Hovis without restrictions, but analyst concern about Prim…

Jun 16, 2026

Caleb Monroe

Press Releases

Outlook Therapeutics Announces FDA Acceptance of Resubmitted Biologics License Application for ONS-5010/LYTENAVA™ (bevacizumab-vikg) as a Treatment for Wet AMD

Outlook Therapeutics announced that the FDA has accepted the resubmitted Biologics License Application for their ophthalmic formulation of bevacizumab, ONS-5010/LYTENAVA™, intended to treat wet age-related macular degeneration (AMD). This marks a significant regulatory milestone with a PDUFA action date set for July 29, 2026. The drug is already au…

OTLK

Jun 16, 2026

Nina Shah

Stock Markets

Edwards Lifesciences Rallies After U.S. Proposal Expands TAVR Coverage

Edwards Lifesciences shares climbed 3.6% on Tuesday after the U.S. government published a proposed National Coverage Decision that would broaden coverage for transcatheter aortic-valve replacement (TAVR). Key changes in the memo include coverage for asymptomatic severe aortic stenosis under coverage with evidence development, removal of the dual-op…

Jun 16, 2026

Priya Menon

Press Releases

Calidi Biotherapeutics Receives Positive Pre-IND Feedback from US FDA for CLD-401 Indicating Agreement on its Current Development Strategy as it Advances Towards a First-in-Human Study

Calidi Biotherapeutics announced positive pre-IND feedback from the US FDA regarding its lead candidate CLD-401, an oncolytic virus designed to deliver IL-15 superagonist genetically to treat solid tumors. The FDA's agreement on preclinical and clinical strategies paves the way for Calidi to submit its IND by year-end 2026 and initiate Phase 1 clin…

CLDI

Jun 16, 2026

Marcus Reed

Press Releases

Sanuwave Health Updates Second Quarter 2026 Guidance

Sanuwave Health, Inc. revised its second-quarter 2026 revenue guidance downward to $8.5-$9.5 million due to market disruptions affecting sales of its Ultramist directed energy system. Despite robust unit sales of applicators, challenges such as widespread CMS reimbursement clawbacks and the emergence of a secondary market for used Ultramist systems…

SNWV

Jun 16, 2026

Maya Rios

Press Releases

EquipmentShare Assigned First-Time ‘BB-’ Issuer Default Rating by Fitch; Senior Secured Second Lien Notes Rated ‘BB’; Outlook Stable

EquipmentShare.com Inc, a leading US construction equipment rental and technology provider, received its first Fitch Long-Term Issuer Default Rating of 'BB-' with a Stable outlook. Fitch also assigned ratings of 'BB+' and 'BB' to EquipmentShare's asset-based lending revolving credit facility and senior secured second lien notes, respectively. The r…

EQPT

Jun 16, 2026

Nina Shah

Press Releases

BigCommerce Earns 2026 Top Rated Award From TrustRadius

Commerce.com, Inc., parent company of BigCommerce, announced that BigCommerce has received the 2026 Top Rated Award from TrustRadius, reflecting high customer satisfaction with its ecommerce platform. The award is based solely on verified customer reviews praising its features such as multi-brand storefront management, robust catalog handling, and …

CMRC

Jun 16, 2026

Jordan Park

Press Releases

BioAge Labs Announces First Participant Dosed in QUELL-CV, a Phase 2 Proof-of-Concept Trial of BGE-102, a Novel Oral NLRP3 Inhibitor, in Patients at Elevated Cardiovascular Risk

BioAge Labs has dosed the first participant in the Phase 2 QUELL-CV trial evaluating BGE-102, a novel oral NLRP3 inhibitor aimed at reducing cardiovascular risk driven by inflammation. The randomized, placebo-controlled study will assess dose-ranging efficacy and safety in adults with elevated systemic inflammation and cardiovascular risk factors, …

BIOA

Jun 16, 2026

Maya Rios

Press Releases

Cingulate Issued First U.S. Patent for Lead ADHD Asset CTx-1301

Cingulate Inc. announced the issuance of its first wholly owned U.S. patent for its lead ADHD asset, CTx-1301, covering its proprietary Precision Timed Release™ technology. The patent strengthens Cingulate's intellectual property portfolio and supports its progress toward potential commercialization of the once-daily ADHD treatment. The company foc…

CING

Jun 16, 2026

Derek Hwang

Press Releases

authID and Trinsic Partner to Deliver Secure and Easily Deployable Biometric-Powered Digital Identity

authID has partnered with Trinsic to integrate Digital ID support into its Proof™ biometric identity platform. This collaboration enables organizations to verify users globally using trusted digital IDs combined with biometric authentication, enhancing security and privacy while simplifying compliance. The partnership significantly expands authID's…

AUID

Jun 16, 2026

Priya Menon

Press Releases

Vera Bradley Debuts at Nordstrom Stores Nationwide and Nordstrom.com

Vera Bradley, Inc. (NASDAQ: VRA) has announced its debut at Nordstrom stores nationwide and on Nordstrom.com, marking its first-ever partnership with the major fashion retailer. The curated assortment includes a mix of new and relaunched highly popular products, aiming to expand brand reach, especially among Gen Z and millennial consumers. The init…

VRA

Jun 16, 2026

Leila Farooq

Press Releases

Breckenridge Distillery Celebrates America's 250th Anniversary with the Launch of Patriotic Reserve Bourbon Whiskey

Tilray Brands' Breckenridge Distillery introduced Patriotic Reserve Bourbon Whiskey, a limited-edition blend honoring America's spirit ahead of the 250th Independence Day anniversary. The bourbon blends straight bourbons with American-sourced grains and Rocky Mountain water, emphasizing resilience and pride. It is available nationally and online, p…

TLRY

Jun 16, 2026

Derek Hwang

Press Releases

Aptera Motors to Participate in the Northland Growth Conference

Aptera Motors Corp., a Nasdaq-listed solar mobility company specializing in ultra-efficient solar electric vehicles, announced its participation in the virtual Northland Growth Conference on June 23, 2026, offering investors the opportunity to meet with company leadership and finance teams.

SEV

Jun 16, 2026

Caleb Monroe

Press Releases

OSS Receives $8.4 Million Contract from a Leading Defense and Technology Solutions Company

One Stop Systems, Inc. (NASDAQ: OSS) announced it has secured an $8.4 million initial contract from a leading defense and technology solutions company to deliver 91 high-performance 3U short-depth servers designed for low band signal surveillance with AI capabilities. The platform is estimated to have a potential total value of approximately $44 mi…

OSS

Jun 16, 2026

Leila Farooq

Press Releases

TEGNA CEO Patrick Paolini Appoints Kurt Rao Executive Vice President and Chief Technology and Digital Products Officer

TEGNA Inc. has appointed Kurt Rao to the newly created role of executive vice president and chief technology and digital products officer. Rao will lead the strategy and execution of TEGNA's digital products and technology platforms, integrating product management, technology, engineering, and operations to enhance local news delivery across multip…

NXST

Jun 16, 2026

Ajmal Hussain

Press Releases

Picard Medical and SynCardia to Present New In Vivo Emperor Total Artificial Heart Data and Patient Outcome Research at ASAIO 2026

Picard Medical, parent company of SynCardia Systems, is presenting advanced in vivo data on its next-generation Emperor Total Artificial Heart, along with new clinical outcome research from their established SynCardia Total Artificial Heart, at the ASAIO 2026 conference. These presentations highlight technological advancements and real-world patien…

PMI

Jun 16, 2026

Nina Shah

Press Releases

SailPoint Agentic Acceleration Transforms Cloud Modernization into Rapid Deployments

SailPoint, Inc. introduced SailPoint Agentic Acceleration, a new AI-driven methodology aimed at expediting the migration of legacy on-premises identity systems to the SailPoint Identity Security Cloud. This innovation automates complex and time-consuming parts of cloud modernization, significantly reducing deployment risk and compressing timelines …

SAIL

Jun 16, 2026

Caleb Monroe

Press Releases

SailPoint Launches Unified Platform Access to Fuel Partner Innovation

SailPoint, Inc., a leader in enterprise identity security, launched Unified Platform Access, an enhancement to its Technology Alliance Partners Program. This initiative provides partners with seamless, direct access to the SailPoint platform to build native, automated applications, fostering innovation and stronger integration across the identity s…

SAIL

Jun 16, 2026

Jordan Park

Press Releases

ABM Expands Major League Baseball Footprint Through Atlanta Braves and Truist Park Partnership

ABM Industries has announced a new multi-year partnership with the Atlanta Braves to provide janitorial services at Truist Park, marking its 10th Major League Baseball team partnership and first in Atlanta. The company will leverage technology-enabled tools to manage venue operations across the 1.1 million-square-foot facility, which hosts around t…

ABM