Releases

23925 items in section

Realty Income Boosts Credit and Commercial Paper Capacity to $11 Billion

San Diego-based Realty Income Corporation has overhauled its debt structure, expanding both its multicurrency revolving credit facilities and its global commercial paper programs to $5.5 billion each. The move marks a significant increase in liquidity for the real estate giant, up from a combined previous capacity of $7 billion.

AllianceBernstein Assets Rise to $905 Billion Amid June Inflows

AllianceBernstein reported a rise in assets under management to $905 billion for the period ending June 30, 2026, marking a $6 billion increase over the previous month. The growth was primarily driven by firmwide net inflows, supported by a significant low-fee passive fixed income mandate that bolstered the company's bottom line.

Paramount Skydance Extends Debt Exchange Offers Amid WBD Acquisition

Paramount Skydance Corporation has pushed back the expiration dates for its ongoing debt tender and exchange offers to July 22, 2026. The move aligns the company’s financial restructuring with the anticipated closing timeline of its acquisition of Warner Bros. Discovery, Inc., marking the third extension since June.

Anshar Labs Acquires Dealer World to Scale Drivvr AI

Chicago-based Anshar Labs has acquired Dealer World, an automotive marketing firm with an eighteen-year track record, integrating it into its Drivvr AI subsidiary. The move shifts the tech holding company’s strategy toward embedding artificial intelligence into established businesses that already possess significant customer demand and industry-specific domain expertise.

Rosen Law Firm Launches Investigation into GoDaddy Stock Disclosures

New York-based Rosen Law Firm is evaluating potential securities claims against GoDaddy Inc., acting on allegations that the web services giant provided investors with materially misleading business information. The firm is currently building a class action case aimed at recovering losses for shareholders who purchased GDDY securities.

BUBBA and MLF Bring Pro-Level Tournament Scoring to Amateur Anglers

Tournament fishing technology is moving from the professional stage to local lakes as BUBBA and Major League Fishing launch SCORETRACKER LIVE. This platform, which mirrors the real-time leaderboard systems used by top-tier pros, is now accessible to organizers and competitors nationwide through the BUBBA mobile application.

Rosen Law Firm Targets Ensign Group Over Alleged Misleading Disclosures

The Ensign Group faces a potential securities class action following allegations from short-seller Hunterbrook that the nursing home operator boosted profits through understaffing and manipulated quality metrics. New York-based Rosen Law Firm is now organizing shareholders to recover losses tied to the subsequent 8.15% drop in company stock.

Evotec Trims 2026 Outlook Amid Revenue Shortfall

Hamburg-based biotech firm Evotec SE has issued a stark revision to its 2026 financial forecast, citing disappointing performance in the first half of the year. Preliminary data reveals a significant gap between previous guidance and the company’s current trajectory, prompting an immediate recalibration of its full-year revenue and EBITDA targets.

IRS Lifts Business Mileage Rate to 76 Cents Amid Fuel Volatility

The Internal Revenue Service has raised the standard mileage rate for business use to 76 cents per mile, effective July 1, 2026. This rare mid-year adjustment, informed by data from the driving solutions firm Motus, arrives as shifting fuel prices force a recalibration of vehicle operating expenses across the United States.

Wesley Vinton Hromatko Honored for Five Decades of Ministry

After fifty years of service within the Unitarian Universalist tradition, Dr. Wesley Vinton Hromatko has been recognized by Marquis Who's Who for his enduring contributions to theology and community leadership. His career spans congregations across the Midwest and New England, blending pastoral duties with a deep-rooted commitment to social justice and agricultural heritage.

Verra Mobility Faces Securities Fraud Class Action Over Growth Claims

Investors who incurred financial losses holding Verra Mobility Corporation stock between February 24 and May 26, 2026, have until August 4 to apply as lead plaintiffs in a newly filed securities fraud lawsuit. The litigation centers on allegations that the company misled shareholders regarding its dependency on a critical contract with Avis Budget.

Nano-X Imaging Facing Securities Class Action Over Misleading Disclosures

Investors who sustained significant financial losses in Nano-X Imaging Ltd. are being urged to step forward as lead plaintiffs in a pending securities fraud lawsuit. The Law Offices of Howard G. Smith has set an August 11, 2026, deadline for those seeking to participate in the legal action against the company.

Investors Seek Lead Plaintiff Status in PicS N.V. Securities Suit

Investors who incurred significant financial losses following the January 2026 initial public offering of PicS N.V. have until August 4, 2026, to file for lead plaintiff status in a pending class action lawsuit. The litigation centers on allegations that the company obscured critical defects in its credit monitoring and risk assessment protocols.

Badger Meter Investors Face August Deadline in Securities Fraud Suit

Investors who incurred financial losses tied to Badger Meter, Inc. now have until August 3, 2026, to file as lead plaintiffs in a pending class action lawsuit. The litigation targets alleged misrepresentations regarding the company’s revenue recognition practices and underlying business health between 2024 and 2026.

NicholsMD Opens Dedicated Hair Restoration Floor in Greenwich

Greenwich dermatology practice NicholsMD has unveiled The Hair Lab™, a new facility at 32 Field Point Road focused exclusively on scalp health, hair restoration, and laser removal. The dedicated floor expansion marks a strategic shift toward specialized, physician-led care for patients managing hair loss and related dermatological concerns.

ENA and Elsevier Launch First Global Emergency Nursing Conference

The Emergency Nurses Association is expanding its reach beyond North America, announcing its inaugural Global Emergency Nursing Conference scheduled for October 2027 in Rotterdam. The three-day event, organized in partnership with Elsevier, aims to bridge international gaps in clinical practice by gathering hundreds of emergency care professionals from around the world.

Washington Trust Expands to Bristol with 30th Branch

Bristol’s historic streets are set to welcome a new financial neighbor as The Washington Trust Company prepares to open its 30th branch at 590 Metacom Ave. later this year. The expansion marks a strategic push into the East Bay region for the nation’s oldest community bank.

ACLS Opens 2026-27 Grant Cycle Marking Century of Scholarly Support

Marking a century of academic investment, the American Council of Learned Societies has officially launched its 2026-27 fellowship and grant competitions. The New York-based organization is inviting scholars across the humanities and social sciences to submit proposals, with a specific emphasis on fostering inclusive excellence within the higher education landscape.

Permissive Licensing Drives Open Source Adoption in Commercial Software

Ninety-seven percent of commercial software now relies on open-source components, marking a shift where permissive licenses like MIT have evolved from a developer preference into a core business requirement. Organizations increasingly prioritize these models to bypass the administrative and legal friction that often stalls the integration of new development tools.

Jason Person Tapped as President of SAFCO

Jason Person has been elevated to President of Southern Auto Finance Company, a Pompano Beach-based lender specializing in subprime automotive credit. His promotion follows a tenure marked by significant structural shifts in the firm’s capital markets strategy and a push toward greater operational efficiency in the competitive auto finance sector.

Bluerock Homes Trust Sets Third Quarter Dividend Schedule

Bluerock Homes Trust has authorized monthly cash dividends for its Series A and Series B preferred stockholders for the third quarter of 2026. Shareholders of the New York-based REIT will receive payments staggered across August, September, and October, reflecting the company’s ongoing commitment to its preferred equity holders.

Consumers Swap Chaos for Pilot Mode in McKinney 2026 Trends Report

After years of reacting to inflation and political instability, shoppers are abandoning the comfort-seeking habits of the recent past. McKinney’s 2026 Food & Beverage Trends Report reveals a pivot toward "Pilot Mode," a mindset defined by intentional structure and a deliberate effort to reclaim agency through personal dietary choices.

New Lawsuit Filed as E. coli Outbreak Strains California Kebab Chain

Two children are among those fighting for their lives after an E. coli O157 outbreak linked to beef kofta at The Kebab Shop. With at least nine infections confirmed across California, Marler Clark has filed another lawsuit, signaling a widening legal battle over the safety of the restaurant's supply chain.

HCLTech hits record $2.4 billion in bookings fueled by AI demand

HCLTech secured a record $2.4 billion in new deal bookings during the first quarter of fiscal 2026, signaling robust enterprise appetite for AI-led transformation. The company reported $3.65 billion in quarterly revenue, while its specialized Advanced AI division surged 62.1% year-over-year to reach $171 million in revenue.

Global Faith at Work Movement Launches New International Alliance

More than 400 leaders from business, ministry, and academia gathered in Mason, Ohio, this month to address the future of faith-based integration in professional life. The 2026 Faith at Work Summit concluded by launching Mission2Monday, a new global alliance designed to sustain momentum through cross-sector collaboration.

Alex Shannon Named National Director of Water at Michael Baker International

Alex Shannon has joined engineering firm Michael Baker International as National Director – Water, tasked with spearheading the company's national expansion and infrastructure strategy. Based in Pittsburgh, Shannon will oversee project delivery and technical innovation for municipal, state, and private-sector clients across the water, wastewater, and stormwater markets.