Company press releases and official corporate announcements.
A centralized feed of corporate press releases, earnings announcements, mergers, and official statements. Content is presented for informational purposes and may require additional analysis for market relevance.
23,632 total articles
The Children's Place reported a decline in second quarter 2026 net sales by 18.9% with a net loss of $31.0 million compared to a loss of $5.4 million in the prior year period. The company faced lower customer traffic and conversion rates, delays in e-commerce transition, and a less favorable sales mix compared to the prior year, which had strong ba…
Sysco Corporation plans to offer $1 billion of common stock, with a 30-day option for underwriters to purchase an additional $150 million. Proceeds will partially finance Sysco's pending acquisition of Jetro Restaurant Depot. The offering is independent of the acquisition's completion and managed by several major financial institutions. Sysco is th…
Ocean Power Technologies reported a 44% year-over-year increase in Q1 2027 revenue to $1.7 million driven by defense and research deployments of its PowerBuoy and WAM-V autonomous maritime systems. The company expanded its technology portfolio through acquisition of subsea assets and advanced autonomous docking capabilities for longer-duration miss…
DHT Holdings, a U.S.-listed independent crude oil tanker company, announced a new three-year time charter for its vessel DHT Panther at $100,000 per day starting October 2026. This contract with a global energy company strengthens the company's revenue visibility and underscores its strategic fleet deployment.
Crown Castle declared that CFO Sunit Patel will retire effective March 31, 2027, with Kris Hinson, EVP and Chief Commercial Officer, appointed as the next CFO starting April 1, 2027. Additionally, COO Cathy Piche will step down on September 23, 2026, with the company initiating a search for her replacement. The transition aims to maintain steady le…
Fitch Ratings has upgraded Kite Realty Group's long-term issuer default rating from BBB to BBB+ with a stable outlook. The upgrade reflects sustained operational outperformance, successful execution of a capital recycling program, and improved capital structure. Favorable open-air retail market dynamics have enhanced pricing power, allowing rapid b…
Yatra Online, Inc.'s Board of Directors has unanimously advised shareholders against tendering shares to Magna Holdings Ltd.'s unsolicited partial tender offer of $1.10 per share, calling the offer significantly undervalued and an opportunistic attempt to gain de facto control. The Board criticizes Magna's lack of transparency regarding its ownersh…
Orchid Island Capital, Inc. declared a monthly dividend of $0.10 per share payable October 29, 2026. The company also disclosed preliminary details of its Residential Mortgage-Backed Securities (RMBS) portfolio as of August 31, 2026, including asset composition and risk measures. The firm reiterated its status as a REIT and commitment to monthly di…
Globus Maritime Limited, a dry bulk shipping company listed on NASDAQ, announced the delivery of the 2026-built Ultramax vessel Glbs Olympia, expanding its fleet to ten vessels with a total capacity of approximately 744,622 DWT. The vessel, built by Nihon Shipyard in Japan, is fuel-efficient and aligns with the company's fleet renewal strategy focu…
CTO Realty Growth, Inc. has acquired Zona Rosa, a 768,000-square-foot mixed-use center in Kansas City, Missouri, for $63.3 million, significantly below replacement cost. The property offers long-term opportunities for leasing and redevelopment in a high-income, fast-growing market area, contributing to CTO's year-to-date property acquisition volume…
Asia Pacific Wire & Cable Corporation Limited announced that all shareholder resolutions were approved at its 2026 AGM. The company reported 17.6% revenue growth and EBITDA margin improvement in H1 2026. It highlighted ongoing investments in Asia-Pacific power infrastructure projects, diversification into higher value-added sectors, and plans to ex…
Dave & Buster's Entertainment, Inc. reported second quarter fiscal 2026 results showing a 2.4% revenue decline to $544.1 million and a net loss of $12.5 million versus net income the prior year. The company opened six new domestic stores and anticipates further remodels and international franchise growth. While adjusted free cash flow improved posi…
Veracyte, a leading cancer diagnostics company listed on Nasdaq, announced the acquisition of Convergent Genomics, adding the UroAmp platform that uses urinary tumor DNA technology for diagnosing and monitoring non-muscle invasive bladder cancer. This acquisition complements Veracyte's existing bladder cancer tests and positions the company to comm…
PetMed Express, Inc. (Nasdaq: PETS), a leading online pet pharmacy, announced the appointment of Andrew Parry as Chief Technology Officer. Parry brings over 30 years of experience in technology leadership, including his recent role at The ODP Corporation where he led AI integration and platform modernization. He will spearhead PetMeds' technology s…
Revolution Medicines announced that the U.S. FDA granted Breakthrough Therapy Designation to its drug RASONQUE (daraxonrasib) in combination with chemotherapy for treatment-naïve metastatic pancreatic adenocarcinoma (PDAC). This designation underscores the significant unmet medical need in this patient population and supports expedited development …
American Coastal Insurance Corporation (Nasdaq: ACIC) announced a restructuring of its exclusive managing agency agreement with AmRisc, LLC, eliminating the fixed expiration date and establishing automatic one-year renewals with a four-year advance termination notice. This arrangement solidifies their longstanding partnership since 2007, securing A…
Sionna Therapeutics announced plans to advance its proprietary dual combination therapy, SION-451 + SION-2222, into a Phase 2a proof-of-concept trial for cystic fibrosis (CF) after comprehensive post hoc analyses of the SION-719 PreciSION CF trial. The analyses revealed biological activity despite confounding factors. The company also announced a 4…
Kestra Medical Technologies announced strong first quarter fiscal 2027 results with 60% revenue growth to $31 million and gross margin expansion to 56.5%. The company increased its full-year 2027 revenue guidance to $141 million, a 48% increase over fiscal 2026, driven by market expansion of its wearable cardioverter defibrillator products and comm…
Biodesix announced that its VP of Quality and Regulatory Affairs, Brianna Phillips, will present at the upcoming RAPS and SOCRA annual meetings, showcasing the company's strong QA/RA leadership and achievements in diagnostic test quality and regulatory compliance. Biodesix emphasizes its certifications, successful audits, and impact on patient care…
BioVie Inc. announced a conference call to discuss topline results from its Phase 2 ADDRESS-LC trial evaluating bezisterim, an investigational oral drug targeting neuroinflammation and insulin sensitivity, in Long COVID patients experiencing cognitive impairment and fatigue. The trial, funded by the U.S. Department of War, tested bezisterim's effic…
Benitec Biopharma announces completion of 12-month follow-up for low dose BB-301 patients and full enrollment of high dose cohort, with encouraging safety and efficacy results. A Type C FDA meeting was held to discuss BB-301 pivotal study design, with the pivotal trial targeted to begin mid-2027. The company presented increased R&D and G&A expenses…
Value Line, Inc. announced its financial results for the first fiscal quarter ended July 31, 2026, with retained earnings and shareholders’ equity slightly increased. Net income declined to $4.655 million from $6.46 million last year, primarily due to lower income from its EAM trust. The company raised its quarterly dividend by 7.7%, demonstrating …
Lenders One Cooperative appoints Stephen Boney as Senior VP of Originations Operations and Joseph Camerieri as Senior VP of Sales and Strategy, enhancing leadership to grow its L1 Fulfillment Solutions platform powered by Altisource. The platform offers a fully automated, AI-driven mortgage fulfillment service covering the full loan manufacturing l…
Northrop Grumman and the U.S. Air Force successfully completed the vertical assembly of the Sentinel missile, marking a crucial step toward the missile's flight test planned in 2027. This milestone validates the missile's design integration and readiness to transition from development to operational testing, strengthening the nation's strategic det…
Toll Brothers, a leading US luxury home builder, announced the opening of sales for its new exclusive community in Redondo Beach, California. Featuring 43 upscale townhomes priced from $2 million, this development offers personalized design options and is situated in a highly desirable coastal area with strong local amenities.
