Recent Articles from Business Wire

GuidePoint Security, the cybersecurity advisor and services partner organizations rely on to protect what matters most, today released the 2026 State of Cyber Risk Management Report. Conducted by The FAIR Institute in partnership with GuidePoint Security and SAFE, the report offers an in-depth look at how security and risk management professionals are building, maturing and communicating their cyber risk management (CRM) programs.

Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Planet Fitness, Inc. (NYSE:PLNT) for potential securities fraud after its significant stock drop.

Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Wix.com Ltd. (NASDAQ:WIX) for potential securities fraud after its significant stock drop.

Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Select Medical Holdings Corporation’s (NYSE: SEM) board of directors and senior management for potential breaches of their fiduciary duties to shareholders in connection with the pending sale of the company for $16.50 per share as announced on March 2, 2026.

Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Sportradar Group AG (NASDAQ:SRAD) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into MediaAlpha, Inc.’s (NYSE: MAX) board of directors and senior management for potential breaches of their fiduciary duties to shareholders in connection with alleged misleading claims and deceptive advertising that resulted in a $45 million settlement with the FTC.

Ladenburg Thalmann & Co. Inc. (“Ladenburg Thalmann”), a middle-market investment bank providing investment banking, equity research, and institutional sales and trading services, and subsidiary of Osaic, Inc. (“Osaic”), today announced that Rick Bienkowski, Ph.D. and Caroline Palomeque have joined the firm’s Biotechnology Equity Research team as Managing Directors.

Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Intuit Inc. (NASDAQ:INTU) for potential securities fraud after its significant stock drop.

Outtake, the next-gen digital risk platform, today released the 2026 State of Digital Risk Report, produced in partnership with Cybersecurity Insiders. Drawing on survey data from 900+ enterprise security, fraud, and risk leaders, it is the first comprehensive benchmark of how organizations detect, investigate, and respond to digital risk. The report also uncovered how far current programs fall short of the threat.

FreeCast Inc. (Nasdaq: CAST), a digital streaming technology and media platform company, today announced that it has signed agreements involving subsidiaries of Via One, including Assist Wireless and enTouch Wireless, to utilize FreeCast’s Platform-as-a-Service (PaaS) ecosystem for aggregated streaming media services and consumer entertainment distribution.

OpticOdds, the sports data infrastructure underneath nearly 200 sportsbooks worldwide, today announced the beginning of a limited beta rollout to power sports betting answers inside Perplexity Computer for Pro and Max subscribers, with full rollout to follow. It marks the first time this category of institutional-grade market data has been made available directly to consumers through an AI product with no separate OpticOdds subscription or setup required.

500 Global, one of the world's most active venture capital firms, today announced the appointment of Sung Woo Ahn as Partner to lead the firm’s office in Seoul.

eDreams ODIGEO (BME: EDR) (OTC: EDDRF), the world’s leading travel subscription platform, (‘eDO’ for short) today announced that its latest talent acquisition data shows a candidate acceptance rate of just 1.4%.

Oxane Partners (“Oxane”), a leading technology-driven solutions provider to the private credit markets, today announced the results of Compass 2026, a credit-only survey of 380+ professionals across global private credit markets. Capturing sentiment across investment banks, institutional investors, asset managers and private credit firms, the survey offers a timely read on the market at a critical point as Private Credit+ continues to scale.

Asana, Inc. (NYSE: ASAN)(LTSE: ASAN) today unveiled the operating system for human-agent teams: a new product suite designed to help organizations run critical work with humans and AI agents working from the same plan, with the same context, under the same governance — unlocking enterprise productivity at scale. Announced at the Work Innovation Summit in London, the launch marks Asana’s most significant product evolution to date.

Reply [EXM, STAR: REY] and the European Institute of Oncology (IEO) have launched a collaboration focused on the co-development and training of domain-specific Large Language Models for oncology. The initiative brings together Reply’s expertise in building frontier generative models grounded in enterprise knowledge with the IEO’s clinical expertise and data assets to develop models tailored to highly complex oncology settings.

Expro (NYSE: XPRO), a leading provider of energy services, has signed a new contract extension for up to five years, including the deployment of one of Expro’s latest technologies, with a global operator to continue delivering subsea completion and intervention services in the Gulf of America (GoA) - reinforcing a partnership that has spanned more than two decades.

In the iconic setting of Palazzo Mezzanotte, in Piazza Affari, Le Fonti Awards® celebrate Italian and international excellence. Acting as a sounding board for a certified business-focused community of over 10.5 million people, Le Fonti Awards®, now in their XVI edition in 2026, continue their mission of enhancing both corporate and personal brands. More than just an awards ceremony for leading firms in the fields of professional services, consulting and business, the event also represents a unique opportunity for discussion through the Stagira CEO Summit, the C-Level debate platform that fosters connections and outlines future scenarios.

Kennedy Wilson (NYSE: KW), a global real estate investment company, announces the formation of a new residential joint venture with APG, on behalf of, amongst others, Dutch pension fund ABP, one of the world's largest pension investors, to create a €2 billion residential development and asset management platform. The venture will encompass more than 3,400 private rented homes across both operating and development assets, further strengthening Kennedy Wilson’s position as the leader in residential real estate in the Irish market. Upon completion of the developments, Kennedy Wilson’s owned and managed Irish portfolio will extend to approximately 6,900 residential units.

FPT, a globally leading technology and IT services provider, announced today that it has achieved the Amazon Web Services (AWS) Manufacturing and Industrial Competency and the Automotive Services Competency.

Aeva Technologies, Inc. (“Aeva” or the “Company”, Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced the pricing of its follow-on public offering of 4,494,382 shares of its common stock, at a price to the public of $22.25 per share. Closing of the offering is expected to occur on June 5, 2026, subject to customary closing conditions. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 674,157 shares of its common stock at the public offering price, less the underwriting discounts and commissions. The Company expects to use the net proceeds from the offering for general corporate purposes, including to meet the accelerating commercial interest in AI infrastructure and Co-Packaged Optics (CPO) in addition to the growing demand for existing applications.

AM Best has maintained its stable outlook on Spain’s non-life insurance segment, noting that while the segment continues to grow profitably, rising claims costs could narrow margins.

OliX Pharmaceuticals, Inc. (KOSDAQ: 226950), a leading developer of RNAi therapeutics, today announced that it has raised approximately KRW 110 billion through a third-party allotment of newly issued common shares to strategic investors. The investment was jointly made by BOLD, L’Oréal’s corporate venture capital fund, and Weiss Asset Management LP, a U.S. asset management firm.

Simplify Healthcare®, a Simplify Group™ company and a leading organization in the healthcare payer technology space, today announced that its flagship platform, Benefits1™.Medicare, once again powered over 30% of nationwide Medicare Plan Benefit Package (PBP) submissions to the Centers for Medicare & Medicaid Services (CMS) for the June 1, 2026 filing deadline. Benefits1™.Medicare has maintained its position as the industry's most widely adopted Medicare bid management platform. The milestone highlights how health plans are increasingly leveraging automation and intelligent workflows to navigate growing regulatory and operational complexity.

Multi-Color Corporation (“MCC”) First Quarter 2026 Financial Results Conference Call covering MCC’s performance for the quarter ending March 31, 2026.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will begin sequentially shipping samples in late June of two types of new 5th-generation silicon carbide metal-oxide-semiconductor field-effect transistors (SiC-MOSFETs) in bare die form. The new SiC-MOSFETs are designed for use in inverters for drive motors and eAxles of electric vehicles (EVs), plug-in hybrid vehicles (PHEVs), and other electrified vehicles (xEVs). They feature Mitsubishi Electric’s proprietary trench structure and achieve industry-leading low on-resistance approximately 25% lower than that of existing products.

INNIO Group ("INNIO"), a leading global distributed energy solutions provider, today announces the pricing of its upsized initial public offering (the “IPO”) of 90,000,000 common shares at a public offering price of $27.00 per share. The 90,000,000 share offering represents a 15,000,000 share upsize to the originally proposed 75,000,000 share offering. The offering consists entirely of secondary shares to be sold by the sole selling shareholder. INNIO is not offering any common shares in the proposed offering and will not receive any proceeds from the proposed sale of the shares.

Murata Manufacturing Co., Ltd. (TOKYO: 6981) (ISIN: JP3914400001) introduces the GCJ21BD72A225KE02, a soft-termination chip multilayer ceramic capacitor (MLCC) for automotive powertrain and safety equipment. This world's first soft-termination chip MLCC product achieves the highest available capacitance of 2.2μF at 100Vdc in the smallest 0805-inch (2.0×1.25mm) size*.

With the support of the National Bank of Kyrgyz Republic, Interbank Processing Center (IPC), Kyrgyzstan’s national payment system operator, and Alipay+, Ant International’s unified wallet gateway, have launched international QR payments for users of the ELCARD Mobile app.

TEPCO Solution Advance Co., Ltd., the subsidiary of the Tokyo Electric Power Company Group responsible for providing operational services across the group, and Accenture (NYSE: ACN) today announced a strategic collaboration to reinvent its operating model by embedding AI and the latest digital technologies into the core of its business.

The Law Offices of Frank R. Cruz reminds investors of the upcoming June 8, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Medpace Holdings, Inc. (“Medpace” or the “Company”) (NASDAQ: MEDP) common stock between April 22, 2025 and February 9, 2026, inclusive (the “Class Period”).

B&G Foods, Inc. (NYSE: BGS) announced today the pricing of an offering of $475.0 million aggregate principal amount of 11.00% senior notes due 2031 in a transaction exempt from registration under the Securities Act of 1933, as amended. The senior notes are being issued at a price of 97.67%. The notes will be guaranteed on a senior unsecured basis by certain domestic subsidiaries of B&G Foods. The offering is expected to close on June 10, 2026, subject to customary closing conditions.

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, announced today that it will be a presenting sponsor at the upcoming Summer 2026 Educational Panel & Networking Event, organized by FountainHead RI, a nonprofit organization whose goal is to bring together and connect diverse, like-minded individuals who share a similar passion, vision and ambition for moving local and global communities forward. Jerry Wang, Global Executive Chairman of Faraday Future, is scheduled to present at the event which takes place on Thursday, June 11 in Providence, RI.

Originally published on Ford From the Road.

The Law Offices of Frank R. Cruz announces an investigation of Badger Meter, Inc. (“Badger Meter” or the “Company”) (NYSE: BMI) on behalf of investors concerning the Company’s possible violations of federal securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Abivax S.A. (“Abivax” or “the Company”) (NASDAQ: ABVX) for violations of the securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Monolithic Power Systems, Inc. (“Monolithic” or “the Company”) (NASDAQ: MPWR) for potential breaches of fiduciary duty on the part of its directors and management.

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Helen of Troy Limited (“Helen of Troy” or “the Company”) (NASDAQ: HELE) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

If you have suffered a loss on your Sportradar Group AG (“Sportradar” or the “Company”) (NASDAQ:SRAD) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.

AEVEX Corp. (NYSE: AVEX), a portfolio company of Madison Dearborn Partners’ funds and a global leader in cutting-edge unmanned systems, today announced the pricing of its public offering of 5,726,157 shares of its Class A common stock by AEVEX and 2,273,843 shares of its Class A common stock by certain selling stockholders (the “Offering”) at a public offering price of $27.00 per share. In addition, AEVEX and the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 858,923 and 341,077 shares of Class A common stock from AEVEX and the selling stockholders, respectively, at the public offering price, less underwriting discounts and commissions. The Offering is expected to close on June 5, 2026, subject to customary closing conditions.

UNITE HERE today announced that Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have both recommended that PENN Entertainment, Inc. (NASDAQ: PENN) shareholders vote FOR the shareholder proposal to declassify the Company’s Board of Directors ahead of PENN’s June 16, 2026 Annual Meeting of Shareholders.

QXO, Inc. (NYSE: QXO) (“QXO” or the “Company”) announced today that its wholly owned subsidiary, QXO Building Products, Inc. (the “Issuer”), has priced its offering (the “Offering”) of $1.5 billion of 6.500% Senior Notes due 2031 (the “2031 Notes”) and $1.5 billion of 6.875% Senior Notes due 2034 (the “2034 Notes” and, together with the 2031 Notes, the “notes”) at par. The Offering is expected to close on June 17, 2026, subject to market and other conditions.

The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Badger Meter, Inc. (“Badger Meter” or the “Company”) (NYSE:BMI) securities during the period of April 18, 2024 through April 16, 2026, inclusive (“the Class Period”).

The law firm of Kirby McInerney LLP continues its investigation on behalf of Verra Mobility Corporation (“Verra Mobility” or the “Company”) (NASDAQ:VRRM) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws and other unlawful business practices.

KBRA announces the assignment of preliminary ratings to six classes of BX 2026-VLT10, a CMBS single-borrower securitization. The collateral for the transaction is a $1.26 billion non-recourse, first-lien mortgage loan. The fixed-rate loan will be structured with a 10-year Anticipated Repayment Date (ARD), and a 20-year final maturity. During the first 10 years, the loan will require monthly interest-only payments. After the ARD, if the loan is not paid off, a cash sweep period will be triggered for the remainder of the loan term whereby all excess cash flow remaining after the payment of the initial interest rate will be used to pay down the certificates sequentially; provided, that, the corresponding interest-bearing components will be paid down first, then the ARD additional interest, and then the component HRR.

US Orange Inc (“Orange”) and Huaxia USA Corp. (“Huaxia”) were formed by Silicon Valley-based veteran inventor Darwin Hu, together with MAS Capital this week, to commercialize AI XR (Extended Reality) Glasses powered by Terahertz (THz)-based 6G technology. Orange has retained Winston Taylor LLP as its SEC counsel and MAS Capital as its exclusive financial advisor in connection with a potential initial public offering. XR is an umbrella term for immersive technologies, including VR (Virtual Reality), AR (Augmented Reality) and MR (Mixed Reality).

Megaport Limited (ASX: MP1) (“Megaport”), a leading global automated infrastructure platform, today announced the launch of Megaport Storage, expanding its platform to deliver integrated compute, network, and storage services.

Vivint, an NRG company, today announced the launch of Vivint Smart Hub Pro 2. Smart Hub Pro 2 is the most advanced home security touchscreen on the market, where homeowners can control their smart devices, personalize experiences, and manage energy usage, all from one central command center.

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Badger Meter, Inc. (“Badger” or “the Company”) (NYSE: BMI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

It is with profound sadness that Port Houston shares the news of the passing of former Port Commissioner Dean E. Corgey last week.

Japan Society today announced that Katherine “Kemy” Monahan has been elected by its Board of Directors as the organization’s next President and Chief Executive Officer. She will assume the role in August.

Pallas Textiles introduces the Giverny Collection, a thoughtfully curated collection inspired by Claude Monet, his celebrated gardens in Giverny, France, and the Impressionist principles that continue to influence design today. Rooted in the interplay of light, movement, texture, and atmosphere, Giverny translates artistic expression into textiles designed to bring depth, emotion, and authenticity to modern interiors.

Today, U.S. Sen. Eric Schmitt (R-MO) and U.S. Rep. Wesley Bell (D-MO) hosted a special bipartisan Congressional Chess Tournament in partnership with the Saint Louis Chess Club, where members of Congress faced off against chess students and internationally recognized chess players during an event designed to showcase the importance of chess education in schools across the country.

Crescita Therapeutics Inc. (TSX: CTX and OTC US: CRRTF) (“Crescita” or the “Company”) is pleased to announce the closing of the previously announced plan of arrangement (the “Arrangement”) with ClinActiv Holdings Inc. (“ClinActiv”) and its wholly-owned subsidiary (the “Purchaser”), pursuant to which the Purchaser acquired all the issued and outstanding common shares of the Company (the “Shares”) in exchange for cash consideration of $0.80 per Share (the “Consideration”).

John Shegerian, Chairman and CEO of ERI, the nation’s leading material resource recovery, ITAD and tech reuse and recycling company, was featured as a speaker on multiple panels at the VerdeXchange annual conference at the Biltmore Los Angeles this week.

Seadrill Limited (NYSE: SDRL) ("Seadrill" or the "Company") today announced the 2026 Annual General Meeting of the Shareholders of the Company was held on June 3, 2026, at the Hamilton Princess Hotel & Beach Club, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2025 were laid before the Meeting.

Virtus Convertible & Income Fund II (NYSE: NCZ) announced today that it has declared a $0.34375 per share cash distribution payable on June 30, 2026 to Series A cumulative preferred shareholders of record on June 23, 2026.

Stevanato Group S.p.A. (NYSE: STVN) (the “Company”), a leading global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries, today announced that all resolutions proposed to the shareholders at the Ordinary and Extraordinary Meeting of Shareholders (“Shareholders’ Meeting”) held virtually on May 26, 2026, have passed.

Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.78 trillion at May 31, 2026, compared to $1.75 trillion at April 30, 2026. This month’s increase in preliminary AUM reflected the positive impact of markets and long-term net inflows of $4 billion, inclusive of $1 billion of long-term net inflows at Western Asset Management1.

Aeva Technologies, Inc. (“Aeva” or the “Company”, Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced the launch of a proposed follow-on public offering of $100,000,000 of shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional $15,000,000 of shares of its common stock at the public offering price less the underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company expects to use the net proceeds from the offering for general corporate purposes, including to meet the accelerating commercial interest in AI infrastructure and Co-Packaged Optics (CPO) in addition to the growing demand for existing applications.

Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on June 30, 2026 to Series A cumulative preferred shareholders of record on June 23, 2026.

Snap Inc. (NYSE: SNAP) today announced that S&P Global Ratings has upgraded the company’s issuer credit rating to BB- from B+, with a positive outlook. S&P also upgraded its issue-level ratings on Snap’s unsecured notes to BB- from B+.

Virtus Global Multi-Sector Income Fund (NYSE: VGI) today announced the following monthly distributions:

First paragraph, second sentence of release should read: Friday, August 28 (instead of Saturday, June 20) AND second paragraph, first sentence of release should read: The gala highlights the importance... (instead of Held on the weekend of World Sickle Cell Day...)

Taiho Oncology, Inc., a company developing and commercializing novel treatments for hematologic malignancies and solid tumors, today announced the publication in the New England Journal of Medicine of results from the ASCERTAIN-V Phase 1/2 clinical trial, which evaluated the first all-oral regimen of decitabine-cedazuridine plus venetoclax in patients with newly diagnosed acute myeloid leukemia (AML) who are ineligible for intensive induction chemotherapy. The study demonstrated favorable response rates and survival with expected myelosuppressive effects.1

AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Sandbox Mutual Insurance Company (Sandbox) (Saskatoon, SK).

Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) today announced the following quarterly distribution:

KBRA assigns preliminary ratings to four classes of notes issued by OneMain Financial Issuance Trust 2026-1 (“OMFIT 2026-1”), a consumer loan ABS transaction.

Darling Ingredients Inc. (NYSE: DAR) and its health brand Rousselot today announced that the U.S. Patent and Trademark Office (USPTO) has granted Patent No. US12636339 for Nextida GC, a first-of-its-kind collagen peptide ingredient developed to help support healthy after-meal blood sugar levels, naturally. The patent protects both the production process and the use of Nextida GC as a dietary supplement ingredient, offering a non-pharmaceutical option for managing blood glucose through science-backed nutrition.

With an eye on the rapid increase in energy demand as well as the challenging power generation market, PowerSouth Energy Cooperative is taking action, leveraging its strategic industry partnerships to expand the Lowman Energy Center (LEC), located in Leroy, Alabama.

Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) today announced the following distributions on their respective common shares:

Puma Biotechnology, Inc. (NASDAQ: PBYI), a biopharmaceutical company, announced that on June 1, 2026, the Compensation Committee of Puma’s Board of Directors approved the grant of inducement restricted stock unit awards covering 7,000 shares of Puma common stock to two new non-executive employees.

Sunflower Bank is pleased to announce that David Musicant has joined the organization in a newly created regional president role to lead strategy and growth of its commercial banking teams in two of the ten largest MSAs in the Southwestern and Western United States. Adding a second regional president in California marks an important milestone in the Bank’s continued expansion in the state and underscores its commitment to serving middle‑market commercial clients through relationship‑focused service and tailored financial solutions.

Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) today announced the following monthly distributions:

Alnylam Pharmaceuticals, Inc. (Nasdaq: ALNY), the leading RNAi therapeutics company, and Inceptive Nucleics, Inc., which builds foundation models of life, today announced a strategic collaboration agreement to increase the pace of therapeutic innovation. The collaboration is valued at up to $2B with upfront consideration of $30M, including cash and the purchase of Inceptive equity. Inceptive is eligible to receive additional payments based on the achievement of preclinical, regulatory, and commercial sales milestones.