Releases

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Bank of America bolsters Newark youth mentorship with $50,000 grant

A $50,000 grant from Bank of America is fueling a new phase of workforce development for Big Brothers Big Sisters of Essex, Hudson & Union Counties. The funding targets the agency's "Big Futures" initiative, which aims to bridge the gap between underserved youth and high-demand career paths.

AAON Reports Record Sales as Data Center Demand Fuels Growth

Tulsa-based HVAC manufacturer AAON shattered quarterly records in the second quarter of 2026, as a 101.2% surge in net sales to $627 million underscored the company's aggressive expansion. Driven by high demand for its BASX-branded data center cooling solutions, the firm successfully scaled production to meet a massive $2 billion backlog.

Avere Therapeutics Secures $500 Million to Advance Oral IL-23 Therapy

Avere Therapeutics has finalized a $500 million private placement, bolstering its financial runway to support the development of its lead drug candidate, AVR-001. This capital injection, coupled with a previously announced $320 million investment, ensures the biotech firm remains fully funded through 2029 as it pursues a transition to public markets.

Western Midstream Schedules Post-Earnings Briefing and Investor Tour

Western Midstream Partners is set to release a recorded interview with Chief Financial Officer Kristen Shults tomorrow, offering a deeper look into the partnership’s second-quarter 2026 financial performance. The briefing precedes a busy schedule of investor engagement events planned across North America throughout the third quarter.

Bloomberg’s Advancements Series Spotlights Industrial and Civic Shifts

With Generation Z now accounting for nearly one in five eligible U.S. voters, the upcoming episode of Advancements with Ted Danson examines the intersection of modern technology and civic responsibility. The program, airing Saturday, August 15, 2026, at 8:00 PM ET, highlights how innovation is reshaping everything from voter participation to heavy machinery.

CSTS Partners With Chelsea FC to Boost Hong Kong Sports Tourism

Chelsea Football Club has tapped CSTS Enterprises as its official travel partner for the 2026 Hong Kong Pre-Season Tour, a move designed to link global football prestige with local hospitality. The collaboration aims to anchor Hong Kong as a prime destination for elite international sporting events and fan-focused experiences.

Ceva Hits Three-Year Licensing High on AI Demand

Ceva, Inc. posted $18.2 million in licensing revenue for the second quarter of 2026, marking a 21% year-over-year increase and the company's strongest performance in that segment in three years. Total revenue climbed to $29 million, bolstered by a 16% surge in shipments of Ceva-powered devices.

Twain Financial Partners Launches Securitized Credit Facility

St. Louis-based specialty finance firm Twain Financial Partners has closed its inaugural securitized letter of credit facility, a move designed to address the tightening capital requirements facing digital infrastructure and energy developers as they navigate increasingly complex interconnection processes across the United States.

Shoulder Innovations Elevates Jon Osborne to Chief Commercial Officer

Jon Osborne, the architect behind the company’s recent market expansion, has been promoted to Chief Commercial Officer at Shoulder Innovations. Effective August 6, 2026, the move tasks him with overseeing the entire commercial organization and scaling the adoption of the firm's specialized shoulder arthroplasty implant systems.

Aurora Cannabis Shareholders Back Board and Executive Pay Plan

Aurora Cannabis shareholders signaled support for the company’s current leadership during a virtual annual general meeting held August 7, 2026. The vote, which saw 16.6 million shares represented, confirmed the reappointment of the board and endorsed the company's executive compensation structure as management pursues a medical-focused global strategy.

Ascletis Launches U.S. Phase I Obesity Trials for Once-Monthly Injections

Ascletis Pharma has initiated two Phase I clinical trials in the United States to test novel, once-monthly subcutaneous injections for obesity treatment. The studies evaluate ASC36, an amylin receptor agonist, and ASC36_35FDC, a triple-target combination therapy designed to simplify dosing regimens compared to existing weekly treatment options.

Scinai Taps Industry Veteran Eran Kuratz to Lead CDMO Operations

Scinai Biopharma Services has appointed industry veteran Eran Kuratz as Head of Supply Chain and Business Process Administration to oversee the integration of the company’s expanding manufacturing footprint. Kuratz, who brings three decades of operational leadership to the firm, will report directly to CEO Amir Reichman to steer the company’s scaled-up infrastructure.

Global Commercial Sandwich Panel Market Set to Hit $11.55 Billion by 2031

The global market for commercial sandwich panels is poised for steady expansion, with projections indicating growth from $9.69 billion in 2026 to $11.55 billion by 2031. Driven by a 3.57% compound annual growth rate, the sector is capitalizing on a shift toward modular construction and stringent energy-efficiency regulations.

Target Hospitality Boosts 2026 Outlook Amid AI Infrastructure Boom

Target Hospitality reported a 39% revenue increase to $85.5 million for the second quarter of 2026, signaling strong momentum as the company pivots to support AI data centers and power generation projects. With $1.4 billion in new contracts since January, the firm is scaling its workforce accommodations to meet surging infrastructure demand.

Blue Moon Metals Advances Nussir Project with New Infill Drilling Results

Blue Moon Metals has released initial assay data from its ongoing infill drilling campaign at the Nussir copper project in Finnmark, Norway, aimed at upgrading resource confidence. The program, which began in March, is testing strike lengths of over 700 meters to refine structural models and optimize future mine design.

Chemours Expands Cooling Portfolio for AI-Driven Data Centers

As artificial intelligence infrastructure demands more robust thermal management, The Chemours Company has introduced two new refrigerants, Opteon™ ZE and Opteon™ 515B, designed to optimize cooling efficiency in stationary chillers while meeting stringent climate and sustainability requirements for mission-critical facilities.

Embraer Hits Record Revenue as Profitability Forecasts Rise

Embraer S.A. reported a record-breaking US$2.235 billion in second-quarter revenue for 2026, marking a 23% year-over-year increase. Bolstered by strong sales and an extraordinary tax credit, the Brazilian aerospace manufacturer has upwardly revised its adjusted EBIT margin guidance for the full year to between 10.0% and 10.6%.

Carbliss Keeps Americana Flavors in Permanent Lineup After Sales Surge

Following a surge in popularity tied to America's 250th anniversary, the Americana Backyard Bliss cocktail pack is transitioning into a permanent fixture of the Carbliss portfolio. The decision follows a successful campaign that raised over $75,000 for veterans while establishing the product as a top-velocity performer in the ready-to-drink market.

Embraer Raises Profitability and Cash Flow Outlook for 2026

Embraer S.A. has revised its 2026 financial guidance, signaling a stronger outlook for profitability and liquidity despite maintaining stable delivery targets. The Brazilian aerospace giant now projects higher margins and significantly increased free cash flow, reflecting a shift in management’s assessment of current market opportunities and operational risks.

Hoymiles Secures 17.4% Global Market Share in Microinverter Shipments

With a 17.4% share of global shipments in 2025, Hangzhou-based Hoymiles has emerged as the leading microinverter manufacturer outside the United States. Data from S&P Global Energy confirms the company's dominance across Europe, Latin America, and the Asia-Pacific region, marking a significant milestone in its expansion since 2012.

Investors File Class Action Lawsuit Against Rackspace Technology

A class action lawsuit has been filed against Rackspace Technology, alleging the company misled shareholders regarding its internal resource allocation and competitive standing. Investors who purchased RXT shares between May 7, 2026, and July 8, 2026, are now being sought by the DJS Law Group to join the litigation.

Taylor Morrison Targets Skilled Labor Gap With Internship Push

With over 40% of the construction workforce expected to retire by 2031 and only 3% of young people expressing interest in the trades, Scottsdale-based homebuilder Taylor Morrison is doubling down on its annual internship program to cultivate a new generation of industry talent.

Investors Target Wix.com in Securities Fraud Class Action Lawsuit

A federal securities class action lawsuit alleges that Wix.com misled shareholders by inflating the market potential and competitiveness of its AI-driven product suite. The litigation, filed by Schall, Brown & Schwartz LLP, centers on claims that the company concealed true development costs throughout a fifteen-month window ending in May 2026.

Advance America Expands California Footprint With Two New Locations

Two new financial service centers are opening in Southern California this August, marking a strategic expansion for Advance America. The company, which provides licensed personal loans, launched its Santa Ana branch on August 6 and is set to open its San Diego facility in the Otay Mesa neighborhood on August 13.

Baoding’s Industrial Pivot: From Traditional Craft to Global Markets

Inland on the North China Plain, Baoding is reframing its economic identity by tethering centuries-old craftsmanship to modern global trade. By scaling local specialties like Quyang carving and Baigou luggage manufacturing into international supply chains, the city has transformed from a regional hub into a significant player in the global export market.

Investors Urged to Join Securities Class Action Against ARS Pharmaceuticals

Investors who purchased ARS Pharmaceuticals stock between March 9 and June 24, 2026, face a critical deadline to join a class action lawsuit. Schall, Brown & Schwartz LLP is currently seeking lead plaintiffs to represent shareholders in a case alleging the company misled the market regarding its commercialization timeline.

Pentair Investors Face October Deadline in Securities Class Action

Investors who purchased Pentair plc shares between April 28 and July 14, 2026, face an October 2 deadline to seek lead plaintiff status in a pending securities fraud lawsuit. The litigation, led by Schall, Brown & Schwartz LLP, targets alleged misleading statements regarding the company’s pool channel inventory levels.

Pentair Faces Class Action Lawsuit Over Alleged Market Deception

Investors who purchased Pentair plc shares between April 28 and July 14, 2026, are now potential participants in a securities class action lawsuit. The litigation, filed in response to alleged violations of the Securities Exchange Act, claims the company misled the market regarding the financial impact of its Pool channel destocking.

Blaize Holdings Faces Class Action Over Alleged Deceptive Growth Claims

Investors who purchased Blaize Holdings, Inc. stock between July 18, 2025, and April 28, 2026, are now weighing a class action lawsuit against the company. The litigation centers on accusations that Blaize misrepresented its financial health by fabricating deals with entities that lacked the capacity to perform.