Southern California Gas Company will retire all outstanding shares of its 6% Preferred Stock and Series A Preferred Stock, marking a shift to streamline the utility’s financial framework. The move follows a shareholder vote and grants investors a cash payout of $31.135616 per share, including accrued dividends.
Investors who held Alibaba Group Holding Limited stock between June 2025 and June 2026 are now eligible to join a class action lawsuit. The litigation, filed by Robbins LLP, claims the company misled shareholders regarding its links to the Chinese military and its alleged unauthorized access to U.S. artificial intelligence models.
Kraków’s Galeria Krakowska welcomed its first MINISO pop-up on August 1, 2026, marking the lifestyle brand’s inaugural retail footprint in southern Poland. Located in the mall’s central atrium, the temporary installation emphasizes the company’s push into European markets through immersive, IP-driven shopping experiences tailored to younger demographics.
A class-action lawsuit filed against Blaize Holdings, Inc. alleges the company misled shareholders by fabricating growth through sham transactions. Investors who purchased BZAI stock between July 18, 2025, and April 28, 2026, now face a deadline of October 5, 2026, to seek appointment as lead plaintiff in the ongoing litigation.
Investors who bought ARS Pharmaceuticals stock between March 9 and June 24, 2026, are now part of a class action lawsuit following a sharp decline in share value. The litigation centers on claims that the company misled shareholders regarding the timeline for securing expanded insurance coverage for its neffy nasal spray.
Following the termination of its Phase 3 FLASH2 clinical study for the skin lymphoma treatment HyBryte, Soligenix is shifting its focus toward its remaining biopharmaceutical pipeline and seeking external funding for its heat-stable vaccine platform.
Array Digital Infrastructure reported a significant surge in second-quarter net income to $333.8 million, driven largely by the aggressive monetization of its wireless spectrum assets. The company is now navigating a potential acquisition proposal from its majority shareholder, Telephone and Data Systems, while finalizing its transition into a pure-play tower operator.
Telephone and Data Systems reported total operating revenues of $309.3 million for the second quarter of 2026, marking a rise from $298.5 million in the same period last year, as the company navigates a major transition toward fiber broadband expansion and the ongoing monetization of its wireless spectrum assets.
Zurich-based cybersecurity firm Ontinue has secured a Major Player designation in the IDC MarketScape: Worldwide MDR/MXDR for the Enterprise 2026 Vendor Assessment. The recognition highlights the company's shift toward agentic AI and autonomous investigation, moving beyond traditional, static monitoring to provide machine-speed threat resolution for Microsoft-centric environments.
Vancouver-based BTQ Technologies has reached a key milestone in its global roadmap for Quantum Compute-in-Memory (QCIM) architecture, successfully validating the core IP for post-quantum cryptographic standards alongside Taiwan’s Industrial Technology Research Institute.
Alpha Metallurgical Resources reported a net loss of $12.3 million for the second quarter of 2026, as the Bristol-based supplier grapples with soft market conditions and storm-related disruptions at its primary export facility. The company saw quarterly shipments slip to 3.5 million tons amid ongoing pressure on operational costs.
Oaktree Capital has exited its indirect stake in TORM plc following a reorganization of OCM Njord Holdings. The shift transfers ultimate control of the tanker company’s 19.86% shareholder to the Toronto-based Brookfield Corporation, marking a change in the ownership structure effective as of July 31, 2026.
A month-long fundraising drive across Texas de Brazil locations has generated over $25,000 for the American Red Cross Service to the Armed Forces. The total includes a $15,000 corporate contribution from the steakhouse chain, bolstered by $10,000 in donations collected from restaurant guests throughout July.
PPL Corporation reported second-quarter 2026 earnings of $0.33 per share, a marginal increase over the $0.32 recorded during the same period last year. The Allentown-based utility reaffirmed its full-year guidance of $1.94 per share while identifying up to $12 billion in potential generation investment opportunities through 2032.
A majority of holders of Sherritt International’s 9.25% 2031 notes are pushing back against the company’s current financial path, disclosing a rival recapitalization proposal. The group, representing the bulk of outstanding debt, is demanding the board abandon its exclusive pursuit of a Gillon Capital deal in favor of their alternative.
AlphaGraphics has secured the 21st spot on the 2026 Printing Impressions 300 list, advancing two positions from the previous year. The Denver-based franchisor reported $330.17 million in annual sales, a modest increase over the $328.96 million recorded in 2025, underscoring the expansion of its North American network.
The first 100 guests in line at 1407 South Main Chapel Way will receive free tenders on August 8, 2026, as Shaquille O'Neal’s Big Chicken opens its first standalone Maryland location. Following a successful run at Baltimore's CFG Bank Arena, the fast-casual brand is planting roots in the Gambrills suburban dining hub.
The global market for glycolic acid is set to grow from $470 million in 2026 to $700 million by 2032, according to a report by MarketsandMarkets. This expansion, representing a compound annual growth rate of 6.9%, is driven by rising demand in the personal care, dermatology, and industrial processing sectors.
Federal Realty Investment Trust has priced $400 million in exchangeable senior notes due 2031, targeting qualified institutional buyers. The offering, led by its operating partnership, carries a 3.5% interest rate and includes an option for initial purchasers to acquire an additional $60 million in debt.
Construction Partners, Inc. posted a 28% jump in quarterly revenue to nearly $1 billion, signaling robust demand for infrastructure work across the Sunbelt. Despite facing energy cost inflation and heavy May rainfall, the Dothan-based firm hit a record $3.36 billion backlog, prompting management to boost their financial guidance for fiscal 2026.
Investors who sold Smartsheet Inc. common stock between June and September 2024 are being urged to join a class action lawsuit filed by Robbins LLP. The litigation centers on claims that the cloud software company repurchased shares while concealing acquisition offers from Blackstone and Vista Equity Partners that significantly exceeded market value.
Starz Entertainment Corp. reported a $175.5 million operating loss for the second quarter of 2026, yet the company is raising its full-year earnings outlook. The firm cites improved momentum and strong audience engagement, specifically highlighting the successful premiere of the series "Fightland" as a validation of its current content ownership strategy.
Irving-based Vistra Corp. posted a 30% jump in ongoing operations adjusted EBITDA for the second quarter of 2026, reaching $1.767 billion. The energy giant maintained its full-year guidance as it expanded its footprint in digital infrastructure through a new partnership with NVIDIA, KKR, and the Kuwait Investment Authority.
Kimbell Royalty Partners reported record financial performance for the second quarter of 2026, driven by a surge in production to 25,830 barrels of oil equivalent per day. The Fort Worth-based company capitalized on robust drilling activity across its U.S. acreage, prompting a 15% increase in cash distributions to common unitholders.
A 7% decline in U.S. same-restaurant sales has forced The Wendy's Company to overhaul its financial strategy, resulting in a dividend reduction and the withdrawal of its 2026 outlook as new leadership scrambles to execute a comprehensive turnaround plan for the iconic fast-food chain.
A securities class action lawsuit targets iTonic Holdings Ltd.—formerly known as Pheton Holdings Ltd.—following allegations that the company served as the centerpiece for a sophisticated pump-and-dump scheme. The litigation centers on a dramatic stock collapse that saw the company’s market capitalization plummet from $765 million to $40.8 million in a single day.
Calumet, Inc. posted a $95.9 million net loss for the second quarter of 2026, a figure heavily influenced by $163.6 million in non-cash charges linked to renewable identification numbers. Despite the bottom-line deficit, the company continued an aggressive deleveraging campaign, retiring $115 million in debt during July.
As the HVACR industry grapples with rapid evolution, Women in HVACR has tapped three industry experts to headline its 2026 annual conference, Built for Speed. The event, scheduled for September 27–29 in Indianapolis, aims to provide attendees with concrete strategies for navigating professional transitions and fostering inclusive workplace cultures.
After two decades navigating the financial services landscape, Rusty Rhodes has rejoined the Greenville office of MassMutual of South Carolina. He returns to the firm with a specific mandate to provide wealth management and protection strategies tailored to the needs of local families and small business owners.
Houston-based oilfield services firm KLX Energy Services Holdings will disclose its financial performance for the second quarter of 2026 on Tuesday, August 11. The company scheduled a live conference call for 10:00 a.m. Eastern Time to discuss the results with investors and analysts.
