Recent Articles from Business Wire

Sasol Chemicals, a business of Sasol Ltd. (JSE: SOL: NYSE: SSL), and German startup INERATEC have signed a Letter of Intent (LoI) committing to the supply of Sasol’s next generation catalyst as soon as the development cycle is completed in 2026.

AEG Presents, a global leader in live entertainment, today announced that Jim King has been promoted to the role of Chief Executive Officer of AEG Presents UK and European Festivals. In addition, Steve Homer will transition to a new position as President, UK Touring at the company, as part of King’s team.

Through its U.S. subsidiary, Milla Pharmaceuticals Inc., A.forall announced the direct commercialization and launch of Sodium Acetate Injection 2mEq/mL in 20mL, 50mL, and 100mL vials.

Woodside Energy Group (ASX: WDS) (NYSE: WDS):

Sixth Street, a leading global investment firm, today announced the appointment of Stuart Wrigley as Partner, Head of Sixth Street Asia Pacific and Head of Capital Formation and Strategy International. Wrigley will also lead the firm’s new Singapore office, which is expected to open in October 2025.

NIQ Global Intelligence plc (the “Company”) announced today the pricing of its initial public offering of 50,000,000 of its ordinary shares at a public offering price of $21.00 per ordinary share. The underwriters will have a 30-day option to purchase up to an additional 7,500,000 ordinary shares from the selling shareholder at the initial public offering price less underwriting discounts and commissions.

Yum! Brands, Inc. (NYSE: YUM) will release its second quarter financial results on Tuesday, August 5, 2025 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 8:15 a.m. ET.

AM Best will participate and be a sponsor at the Vietnam Insurance Summit, to be held 1 August 2025 in Quy Nhon, Vietnam.

Provenir, a global leader in AI risk decisioning software, today announced it has partnered with Ryt Bank – The World’s First AI-Powered Bank – to embolden the company’s innovation and mission to deliver banking done right with speed, simplicity, and innovation.

Xperi Inc. (NYSE: XPER) (the “Company” or “Xperi”), an entertainment technology company that invents, develops, and delivers technologies that enable extraordinary experiences, will announce its second quarter 2025 financial results on Wednesday, August 6, 2025, following the close of market.

First Northern Community Bancorp (OTCQX: FNRN), the holding company of First Northern Bank, is pleased to announce that Richard A. Bedoya has joined its Board of Directors of both the Bank and holding company, effective July 17, 2025. Mr. Bedoya will also serve on the Bank’s Audit, Asset/Liability, and Directors Loan Committees. He succeeds Foy McNaughton, who retired from the Board on July 20, 2025, upon reaching First Northern’s mandatory retirement age for directors. Mr. McNaughton served with distinction for 25 years.

Carlsmed, Inc. (“Carlsmed”), a commercial-stage medical technology company pioneering AI-enabled personalized spine surgery solutions, today announced the pricing of its initial public offering of 6,700,000 shares of common stock at an initial price to the public of $15.00 per share. The shares are expected to begin trading on The Nasdaq Global Select Market under the ticker symbol “CARL” on July 23, 2025. The offering is expected to close on July 24, 2025, subject to the satisfaction of customary closing conditions.

Hospitality workers union UNITE HERE Local 23 warns the Hilton Americas-Houston is at risk of a labor dispute if a settlement on a new contract is not reached. Workers’ union contract at the Hilton Americas expired on June 30 and dozens of workers picketed the downtown Houston hotel July 17, calling for fair wages.

The latest pair of O3b mPOWER satellites was successfully launched into space by a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida, United States, at 5:12 pm local time, SES announced today. These two new satellites enhance global coverage and bring incremental capacity to scale up services provided by SES’s second-generation medium Earth orbit (MEO) system, O3b mPOWER.

Carlsmed, Inc. (“Carlsmed”), a commercial-stage medical technology company pioneering AI-enabled personalized spine surgery solutions, today announced the launch of its initial public offering of 6,700,000 shares of common stock.

Australian manufacturer Speedpanel, a leader in fire rated and acoustic wall systems, recently improved its customer experience and journey while enhancing building compliance outcomes, all while slashing administrative cycle time by up to 50 percent with SugarCRM.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ZimVie Inc. (NasdaqGS: ZIMV) to an affiliate of ARCHIMED. Under the terms of the proposed transaction, shareholders of ZimVie will receive $19.00 in cash for each share of ZimVie that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of iTeos Therapeutics, Inc. (NasdaqGM: ITOS) to Concentra Biosciences, LLC. Under the terms of the proposed transaction, shareholders of iTeos will receive $10.047 in cash per share, plus one non-transferable contingent value right, representing the right to receive: (i) 100% of the closing net cash of iTeos in excess of $475 million; and (ii) 80% of any net proceeds received from any disposition of certain iTeos’ product candidates that occurs within six months following the closing. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

In honor of National Hire a Veteran Day on July 25, EquipmentShare is doubling down on its commitment to hiring and empowering America’s heroes. The construction technology company, headquartered in Columbia, Mo., will dedicate the day to recruiting and interviewing veterans, inviting veterans across the country to speak with recruiters and explore career opportunities across EquipmentShare’s 326+ locations.

Charter (NASDAQ: CHTR) and Comcast (NASDAQ: CMCSA) today announced they have entered into a multi-year exclusive agreement with T-Mobile (NASDAQ: TMUS) to utilize its network to deliver mobile services to their business customers across the United States. Service is set to launch in 2026.

Hilgers Graben PLLC is proud to announce that partner Rose Hunter Jones and senior counsel Sarah Resczenko have been selected to serve on specialized drafting teams within The Sedona Conference’s Working Group 13 (WG13), which focuses on issues surrounding artificial intelligence and the law.

Today’s customer expects more. They’re shopping across categories, across price points, and increasingly across channels. They want value and greater assortment – much more than we can fit inside a Walmart U.S. Supercenter. And they also want a consistent, enjoyable shopping experience and to shop with a company they trust.

Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Central District of California, captioned Makaveev v. RxSight, Inc., et al., Case No. 8:25-cv-01596, on behalf of persons and entities that purchased or otherwise acquired RxSight, Inc. (“RxSight” or the “Company”) (NASDAQ: RXST) securities between November 7, 2024 and July 8, 2025, inclusive (the “Class Period”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”).

TechTarget, Inc. (Nasdaq: TTGT) (“Informa TechTarget” or the “Company”), a leading growth accelerator for the B2B Technology sector, today provides an update on its business ahead of Informa PLC’s (“Informa”) Half-Year Results (the majority shareholder in TTGT), which will be published on July 23, 2025 and include its consolidation of Informa TechTarget.

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to OneNexus Oklahoma Captive Corp. (OneNexus) (Oklahoma City, OK). The outlook assigned to these Credit Ratings (ratings) is stable.

Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared an increase in its quarterly cash dividend to $0.80 per share on its common stock ($1.66-2/3 par value), payable on October 1, 2025, to holders of record at 5:00 p.m., Chicago time, on September 5, 2025.

Northpointe Bancshares, Inc. (NYSE: NPB) ("Northpointe" or the "Company"), holding company for Northpointe Bank, today reported net income to common stockholders of $18.0 million, or $0.51 per diluted share, for the second quarter of 2025. This compares to $15.0 million, or $0.49 per diluted share, for the first quarter of 2025, and $11.4 million, or $0.44 per diluted share, for the second quarter of 2024.

Ralliant Corporation (“Ralliant”) (NYSE: RAL) will release earnings for the second quarter of 2025 after the closing of the New York Stock Exchange on Monday, August 11, 2025.

On July 22, 2025, the Board of Directors of Community Trust Bancorp, Inc. (NASDAQ: CTBI) increased its quarterly cash dividend to $0.53 per share beginning with the October 1, 2025 payment to shareholders of record on September 15, 2025. This represents an increase of 12.8% in the quarterly cash dividend. “We are pleased to have increased the cash dividend to our shareholders for the 45th consecutive year," said Mark A. Gooch, Chairman, President, and CEO.

Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced the following management appointments, effective August 4, 2025:

Know Labs, Inc. (NYSE American: KNW) (“Know Labs” or the “Company”), a technology innovator specializing in non-invasive health monitoring solutions, today issued a reminder to its stockholders to vote ahead of the Special Meeting of Stockholders (the “Special Meeting”) to be held virtually on Thursday, July 24, 2025 at 1:30 p.m. pacific time. The methods for voting and submitting proxies are described in the previously distributed proxy materials for the Special Meeting.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Replimune Group, Inc. (“Replimune or the “Company”) (NASDAQ: REPL).

Law Offices of Howard G. Smith announces an investigation on behalf of Lockheed Martin Corporation (“Lockheed” or the “Company”) (NYSE: LMT) investors concerning the Company’s possible violations of federal securities laws.

MEI Pharma, Inc. (Nasdaq: MEIP) (the “Company” or “MEI”) today announced that it has closed its previously announced private placement for the purchase and sale of 29,239,767 shares of common stock (or pre-funded warrants in lieu thereof) at a price of $3.42 per share, for aggregate gross proceeds of approximately $100 million. In connection with the closing of the transaction, MEI has appointed Charlie Lee to its Board of Directors (at which time current member Taheer Datoo will resign) and GSR as its digital asset and treasury management advisor to oversee the implementation of its Litecoin Treasury Strategy.

ADM (NYSE: ADM) will release financial results for the second quarter of 2025 before the market opens on Tuesday, Aug 5. A slide presentation will also be available for download. The company will host a webcast at 9 a.m. Central Time to discuss the results and provide a company update.

Trustmark Corporation (NASDAQGS:TRMK) reported net income of $55.8 million in the second quarter of 2025, representing diluted earnings per share of $0.92. Trustmark’s performance during the second quarter produced a return on average tangible equity of 13.13% and a return on average assets of 1.21%. The Board of Directors declared a quarterly cash dividend of $0.24 per share payable September 15, 2025, to shareholders of record on September 1, 2025.

Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a new AAA-rated auto loan ABS transaction (RPM 2025-4). With this $400 million deal, Pagaya has raised a total of $1.3 billion in Auto ABS transactions year-to-date.

Ardent Health (NYSE: ARDT), a leading provider of healthcare in growing mid-sized urban communities across the U.S., today announced that it will issue its second quarter 2025 results after the market closes on Tuesday, August 5, 2025. A conference call will be held the following day, Wednesday, August 6, 2025, at 10 a.m. ET to review the company’s financial results, discuss recent events and conduct a question-and-answer session.

Ares Commercial Real Estate Corporation (NYSE: ACRE) announced today that it will report earnings for the second quarter ended June 30, 2025 on Tuesday, August 5, 2025 prior to the opening of the New York Stock Exchange. Ares Commercial Real Estate Corporation will hold its webcast/conference call on the same day at 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2025 financial results.

Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”) today announced it will report its financial results for the second quarter ended June 30, 2025 on Tuesday, August 5, 2025 after market close. Management will host a conference call on Wednesday, August 6, 2025 at 8:30 a.m. Eastern Time to discuss the Company’s financial results.

Cathay General Bancorp (the “Company”, “we”, “us”, or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter ended June 30, 2025. The Company reported net income of $77.5 million, or $1.10 per diluted share, for the second quarter of 2025.

CoreWeave, Inc. (Nasdaq: CRWV) (“CoreWeave”) announced today that it priced a private offering of $1,750 million aggregate principal amount of 9.000% senior notes due 2031 (the “Notes”), which represents a $250 million increase from the previously announced size of the offering. The Notes will have a maturity date of February 1, 2031. The closing of the offering of the Notes is expected to occur on July 25, 2025, subject to customary closing conditions. The Notes will be issued at par and guaranteed on a senior unsecured basis by certain wholly-owned subsidiaries of CoreWeave.

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14646 per share on the Fund’s outstanding common stock. The distribution is payable on August 22, 2025, to shareholders of record on August 11, 2025. The ex-dividend date is August 11, 2025.

Stevanato Group S.p.A. (NYSE: STVN), a leading global provider of drug containment, drug delivery, and diagnostic solutions to the pharmaceutical, biotechnology, and life sciences industries, announced today that it will issue financial results for the second quarter of 2025 on Tuesday, August 5, 2025, at 6:30 a.m. (ET).

Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its results for the second quarter 2025 after the market closes on Tuesday, July 29, 2025. The Company will not be holding a conference call/webcast this quarter.

The Schall Law Firm, a national shareholder rights litigation firm, announces the firm has filed a class action lawsuit against Alto Neuroscience, Inc. (“Alto Neuroscience” or “the Company”) (NYSE: ANRO) for violations of the federal securities laws.

Karooooo Limited (“Karooooo”) reported strong results for the first quarter (“Q1 2026”) ended May 31, 2025. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics.

The DJS Law Group reminds investors of a class action lawsuit against Capricor Therapeutics, Inc. (“Capricor” or “the Company”) (NASDAQ: CAPR) 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.

Carter’s, Inc. (NYSE: CRI), the leading company in North America focused exclusively on apparel for babies and young children, will report its second quarter fiscal 2025 results before the market opens on Friday, July 25, 2025.

The Law Offices of Frank R. Cruz announces an investigation of Lockheed Martin Corporation (“Lockheed” or the “Company”) (NYSE: LMT) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”), a building systems solutions firm that partners with building owners and facilities managers who have mission-critical mechanical, electrical, and plumbing infrastructure, today announced that it will release its second quarter 2025 financial results after the stock market closes on Tuesday, August 5, 2025. The Company will also host a conference call for analysts the following morning at 9:00 a.m. ET.

Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the second quarter of 2025. A slide presentation summarizing the highlights of Matador’s second quarter 2025 earnings release is also included on the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab.

Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that it will release financial results for the quarter ended June 30, 2025, after market close on August 5, 2025. The Company will host a conference call to review the financial results on August 6, 2025, at 11:00 a.m. ET.

TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on September 3, 2025 to shareholders of record as of the close of business on the New York Stock Exchange on August 19, 2025. The ex-dividend date is August 19, 2025.

Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre” or “the Company”), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.095 per share, or $0.38 per share on an annualized basis. Cadre's dividend payment will be made on August 15, 2025 to shareholders of record as of the close of business on the record date of August 1, 2025. The declaration of any future dividend is subject to the discretion of the Company's Board of Directors.

Net Power Inc. (NYSE: NPWR) plans to report its second quarter 2025 business update after market close on Monday, August 11, 2025, and will host a conference call on Tuesday, August 12, 2025 beginning at 8:30 AM ET.

Energy Transfer LP (“ET”) today announced the quarterly cash distribution of $0.2111 per Series I Preferred Unit (NYSE: ETprI).

KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today reported its second quarter 2025 results, which have been posted to the Investor Relations section of KREF’s website at http://www.kkrreit.com/investor-relations/events-and-presentations.

Community Health Systems, Inc. (Company) (NYSE: CYH) announced today that its subsidiary, CHS/Community Health Systems, Inc. (CHS), has entered into a definitive agreement with Labcorp (NYSE: LH), pursuant to which Labcorp will acquire select assets and assume certain leases of the ambulatory outreach laboratory services of CHS health systems in 13 states, including certain patient service centers and in-office phlebotomy locations, for $195 million cash.

News Corp will release its fourth quarter and full year Fiscal 2025 results on Tuesday, August 5, 2025. News Corp Chief Executive Robert Thomson and Chief Financial Officer Lavanya Chandrashekar will discuss the results via a live audio webcast at 5:00 p.m. EDT (Sydney: August 6, at 7:00 a.m. AEST).

Seaport Entertainment Group Inc. (NYSE: SEG) (“Seaport Entertainment Group,” “SEG” or the “Company”) today announced it will release its second quarter 2025 operating and financial results after the market closes on Monday, August 11, 2025. The Company will host a conference call to present the results on Tuesday, August 12, 2025, at 8:30 AM ET. During the call Chairman, CEO and President Anton Nikodemus and CFO Matt Partridge will address questions e‐mailed in advance by investors to: ir@seaportentertainment.com.

PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $136.5 million for the second quarter of 2025, or $2.54 per share on a diluted basis, on revenue of $444.7 million. Book value per share increased to $78.04 from $75.57 at March 31, 2025.

PennyMac Mortgage Investment Trust (NYSE: PMT) today reported a net loss attributable to common shareholders of $2.9 million, or $(0.04) per common share for the second quarter of 2025, on net investment income of $70.2 million. PMT previously announced a cash dividend for the second quarter of 2025 of $0.40 per common share of beneficial interest, which was declared on June 25, 2025, and will be paid on July 25, 2025, to common shareholders of record as of July 11, 2025.

Boise Cascade Company (NYSE: BCC) will host a webcast and conference call to discuss 2025 second quarter earnings on Tuesday, August 5, 2025, at 11 a.m. Eastern.

Cerus Corporation (Nasdaq: CERS) announced today that its second quarter 2025 financial results will be released on Tuesday, August 5, 2025, after the close of the stock market. The Company will host a conference call and webcast at 4:30 P.M. ET, during which management will discuss the Company’s financial results and provide a general business overview and outlook.

Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, announced today that the Company will release its second quarter 2025 financial results before the market opens on Tuesday, August 5, 2025. A conference call will be held that day at 8:30 a.m. Eastern Time.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today reported net income of $2.3 million, or $0.46 per diluted share, for the three months ended June 30, 2025, compared to net income of $2.0 million, or $0.40 per diluted share, for the three months ended June 30, 2024. For the six months ended June 30, 2025, net income was $3.9 million, or $0.79 per diluted share, compared to $3.5 million, or $0.72 per diluted share, for the same period in 2024.

Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, today announced the date for the release of its second quarter 2025 financial results.

Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) today announced it will report second quarter 2025 financial results on Monday, August 4, 2025, after market close. The Company’s press release will be available on the Primoris website at www.prim.com.

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that it will report its 2025 second quarter financial results on Thursday, August 7, 2025 after market close. The company will host a conference call and webcast to review the results on the same day.

Bradford Health introduced its two newest members to their leadership staff with the addition of Chief Operating Officer John Fisher and Chief Development Officer Chuck Steiner this week. Bradford Health, a nationwide leader in behavioral health, continues to bolster its leadership team with experienced executives such as Fisher and Steiner.

KBRA assigns preliminary ratings to ten classes of mortgage-backed notes from BRAVO Residential Funding Trust 2025-NQM7 (BRAVO 2025-NQM7). The $503.7 million RMBS transaction is collateralized by a pool of 985 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 98.3% and 1.7% of the pool, respectively. Most loans are either classified as non-qualified mortgages (Non-QM) (43.9%) or exempt (47.2%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to being originated for non-consumer loan purposes.

Humphreys & Partners Architects, a national leader in multifamily architecture and design, has announced a new leadership team and expanded operational structure, marking a generational transition and positioning the firm for its next 30+ years of design excellence. These changes aim to bring new energy, creative strength, and sharper alignment to the evolving needs of developers, investors, and communities across the U.S.

USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal second quarter ended June 28, 2025.

Pegasystems Inc. (NASDAQ: PEGA), the Enterprise Transformation Company™, released its financial results for the second quarter of 2025.