Recent Articles from Business Wire

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.

Virtus Diversified Income & Convertible Fund (NYSE: ACV) today announced the following monthly distributions:

W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on July 2, 2026 to stockholders of record at the close of business on June 23, 2026.

Virtus Total Return Fund Inc. (NYSE: ZTR) today announced it will increase its monthly distribution from $0.05 per share to $0.055 per share, an increase of 10% or $0.005 per share, effective with the June distribution:

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lucid Group, Inc. (“Lucid” or “the Company”) (NASDAQ: LCID) 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.

Amtech Systems, Inc. ("Amtech") (NASDAQ: ASYS), a manufacturer of equipment, consumables and services for semiconductor device packaging, wafer production and device fabrication, today announced the closing of its oversubscribed underwritten public offering of 2,926,829 shares of common stock, at a public offering price of $20.50 per share, for total gross proceeds of $60 million before deducting underwriting discounts, commissions, and offering expenses. The closing of the offering occurred today, June 3, 2026. The Company intends to use the net proceeds from the offering to accelerate growth across its semiconductor packaging and advanced wafer substrate fabrication platforms, accretive merger and acquisition opportunities, working capital and general corporate purposes.

Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, has been named to three 2026 USA TODAY Most Trusted Brands lists, including Most Trusted Brands, Brands Most Trusted by Parents, and Brands Most Trusted by Senior Citizens. The recognitions reflect consumer confidence in Herbalife’s science-backed products and commitment to supporting healthy, active lifestyles across generations.

Radian Group Inc. (NYSE: RDN) today announced that it has granted equity-based awards to Michael Weinbach as a material inducement to his employment. These awards are being provided in accordance with Mr. Weinbach’s employment agreement and issued pursuant to the employment inducement award exemption to the stockholder approval requirements under New York Stock Exchange Listed Company Manual Section 303A.08. Radian is issuing this press release pursuant to the requirements of Section 303A.08.

NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today the appointment of John Zuklic as the Company’s new Chief Financial Officer, effective July 6, 2026. Mike Mott, who is currently the Company’s Interim Chief Financial Officer, will return to his previous role as Senior Vice President of Enterprise Transformation.

Myers Industries, Inc. (NYSE: MYE) today announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share, payable on July 2, 2026, to shareholders of record as of June 17, 2026.

Pediatrix® Medical Group, Inc. (NYSE: MD), a leading provider of physician services, today announced the publication of new research on probiotic use and necrotizing enterocolitis (NEC) in preterm infants, addressing pressing questions about one of the most controversial issues in the field of neonatology. The research was conducted by clinicians affiliated with the Pediatrix Center for Research, Education, Quality and Safety in collaboration with the NEC Society, utilizing data from the Pediatrix Clinical Data Warehouse (CDW), one of the largest databases of neonatal outcomes in the world. Data from the Pediatrix CDW has been utilized in more than 250 peer-reviewed publications.

Granite (NYSE: GVA) announced it has been awarded an approximately $19 million Progressive Design-Build (PDB) Guaranteed Maximum Price (GMP) 1 for the Tahoe Cedars Water System Replacement Project by the Tahoe City Public Utility District (TCPUD).

Shareholder rights law firm Robbins LLP is investigating Pics N.V. (NASDAQ: PICS) to determine whether certain Pics N.V. officers and directors violated securities laws and breached fiduciary duties to shareholders. PicS N.V. is one of Brazil's largest digital wallets and all-in-one financial services apps, providing Pix transfers, consumer banking, and merchant services.

Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced it will increase its quarterly distribution from $0.50 per share to $0.58 per share, an increase of 16% or $0.08 per share, effective with the June distribution:

Link Logistics (“Link” or the “Company”), a leading operator of last-mile industrial real estate and warehouse properties, today announced the launch of its second annual Small Business Challenge (the “Challenge”), now open for applications. Building on last year’s inaugural program, the Link Logistics Small Business Challenge now includes both small-bay industrial and business park customers.

Intrepid Potash, Inc. (“Intrepid”, “the Company”, “we”, “us”, or “our”) (NYSE:IPI) today announced that its Board of Directors (“Board”) approved an increase in the amount authorized for repurchasing shares of the Company’s common stock under the Company’s existing share repurchase program. The Board expanded the authorized amount to $50 million, an increase from the $35 million the program originally authorized in February 2022, which has approximately $13 million remaining.

Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of vertically-integrated payment solutions, today announced an inducement award grant to Rick Watkin in connection with the closing of REPAY’s acquisition of KUBRA Data Transfer, Ltd. (“KUBRA”). Mr. Watkin will serve as President, KUBRA.

Ventas, Inc. (NYSE: VTR) today announced that Chairman and Chief Executive Officer Debra A. Cafaro will receive the Cyrus McCormick Making History Award for Historic Corporate Achievement at the Chicago History Museum’s 32nd Annual Making History Awards this evening.

U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on June 3, 2026 declared a quarterly cash dividend of $0.05 per share on its Series N Non-Voting Common Stock (NYSE: UHAL.B). The dividend will be payable June 26, 2026 to holders of record on June 15, 2026.

PVH Corp. [NYSE: PVH] today reported its 2026 first quarter results and updated its 2026 outlook.

Ardent Health (NYSE: ARDT), a leading provider of healthcare in growing mid-sized urban communities across the U.S., today announced that the Company will participate in the Goldman Sachs 47th Annual Global Healthcare Conference on Wednesday, June 10, 2026, in Miami, Florida.

Hasbro, a leading games, IP, and toy company, today launched Sixth Wall, a new AI studio dedicated to bringing iconic characters into the AI era. Alongside the launch, the company announced a strategic partnership with ElevenLabs and introduced Behavioral Licensing, a new category of character licensing designed for dynamic interactions.

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) today announced it will increase its monthly distribution from $0.15 per share to $0.18 per share, an increase of 20% or $0.03 per share, effective with the June distribution:

Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced that Navid Mahmoodzadegan, CEO and Co-Founder, is scheduled to speak at the Morgan Stanley US Financials Conference on Wednesday, June 10th at 1pm Eastern Time.