Releases

20298 items in section

John Herrington to Step Down as President of Midea America

After nearly three years at the helm of Midea America Corporation, John Herrington will step down as President on September 30, 2026. A veteran with 42 years in consumer electronics, Herrington is credited with accelerating the firm’s rapid expansion into the U.S. home appliance market before transitioning into an advisory role.

Union One and LaborForce Media Form Strategic Alliance

A new one-year partnership between Union One and LaborForce Media aims to expand the reach of Member Valued Programs across the U.S. labor movement. By combining Union One’s benefit administration expertise with LaborForce Media’s communications network, the initiative seeks to bolster union retention and deepen member engagement nationwide.

Saudi Arabia Opens Digital Portal for Foreign Property Ownership

Foreign investors and residents can now apply for real estate ownership across Saudi Arabia through the newly launched Saudi Properties portal. The platform centralizes regulatory procedures, marking a significant shift in the Kingdom’s property market following the Foreign Real Estate Ownership Law that took effect earlier this year.

ATI Opens Aerospace Manufacturing Facility in Mexico

A newly commissioned facility in Chihuahua, Mexico, now anchors ATI Inc.’s efforts to alleviate aerospace supply chain bottlenecks. By consolidating machining, nondestructive testing, and quality verification into a single workflow, the company aims to accelerate the production of engine components for both legacy and next-generation aviation programs.

Associated Banc-Corp Sets July 23 Date for Second Quarter Results

Green Bay-based Associated Banc-Corp will report its second quarter 2026 financial performance on July 23, 2026, following the close of market trading. The announcement precedes an investor conference call scheduled for 4:00 p.m. Central Time, where executives will discuss the company’s latest quarterly outcomes and financial position.

BorgWarner Schedules Second Quarter 2026 Earnings Call

BorgWarner Inc. will host a conference call on August 5, 2026, at 9:30 a.m. Eastern Time to discuss its financial performance for the second quarter. Investors and interested parties can access the live audio webcast through the company’s dedicated investor relations portal at www.borgwarner.com/investors.

RPC CEO Ben M. Palmer to Retire After Three Decades

After a thirty-year tenure defined by fiscal discipline and strategic diversification, RPC, Inc. President and CEO Ben M. Palmer has announced his retirement. The company’s board of directors has launched a formal search for a successor, with Palmer expected to step down from his post by the end of 2026.

CHOP and Carnegie Mellon Secure $39 Million for Fetal Monitoring Tech

A consortium led by Carnegie Mellon University and the Children’s Hospital of Philadelphia has received a $39.3 million grant from ARPA-H to overhaul labor monitoring. The four-year initiative aims to replace outdated heart rate sensors with wearable technology capable of detecting fetal hypoxia in real-time.

Lazard Global Total Return and Income Fund Sets Monthly Payout

Shareholders of the Lazard Global Total Return and Income Fund will receive a monthly distribution of $0.15340 per share on July 22, 2026. The payment, authorized under the fund’s managed distribution policy, follows an ex-dividend date of July 10, 2026, for all investors of record by that same day.

EOG Resources Sets August 5 Date for Second Quarter Earnings Call

EOG Resources will pull back the curtain on its second quarter 2026 financial performance on August 5, 2026, hosting a conference call and live webcast at 9 a.m. Central time to detail the company's operational progress and recent production results from its primary assets in the United States and Trinidad.

SIKORA Launches LPO Software for Wire and Cable Quality Control

Downers Grove-based SIKORA has introduced its Line Performance Optimizer, a software tool designed to detect production fluctuations in real time. By bypassing traditional averaging of measurement data, the system provides operators with immediate visibility into extrusion processes, aiming to reduce defects in sensitive data cable manufacturing.

Gildan Activewear faces class action probe after short seller report

A sharp 18.7 percent drop in Gildan Activewear shares on June 16, 2026, has triggered a securities investigation by the Rosen Law Firm. The inquiry focuses on whether the Canadian apparel manufacturer misled investors regarding its organic growth and sales practices following allegations from Jehoshaphat Research.

NNN REIT Expands Credit Facility and Trims Borrowing Costs

Orlando-based NNN REIT has secured a $200 million incremental term loan, pushing the total capacity of its senior unsecured facility to $500 million. The company plans to deploy these funds for general corporate needs while simultaneously locking in interest rate hedges to manage long-term debt exposure through 2029.

Nasdaq Moves to Delist Zhuhai-Based Smart Digital Group

Smart Digital Group Limited faces imminent removal from the Nasdaq exchange following a formal notice issued June 17. The decision stems from the exchange’s discretionary authority to protect market integrity after the U.S. Securities and Exchange Commission previously implemented a trading suspension on the company’s securities last September.

Rosen Law Firm Targets Wise Group Over Alleged Misleading Disclosures

A Brussels money laundering probe has triggered a securities investigation into Wise Group plc, as investors weigh potential class action litigation. The inquiry centers on allegations that the payment processor misled the public regarding its business operations, a claim that surfaced following reports of impending criminal court summons.

D2L Brightspace Secures Leader Status in 15 G2 Summer 2026 Reports

Fifteen distinct accolades now highlight the D2L Brightspace learning platform, following the release of G2’s Summer 2026 industry reports. The rankings, which place the software in the Leader tier, rely on verified customer feedback across global, corporate, and regional markets to gauge satisfaction and market presence.

Illinois Expands Medicaid Coverage for Preterm Birth Blood Testing

Illinois has amended its Public Aid Code to mandate Medicaid coverage for proteomic blood testing designed to predict spontaneous preterm births. This legislative shift aims to curb the state’s high rate of premature deliveries, which saw over 13,000 instances in 2024, by facilitating earlier clinical intervention for high-risk patients.

Atrium Therapeutics Grants Equity Inducements to Eight New Hires

San Diego-based Atrium Therapeutics has issued a series of stock options and restricted stock units to eight non-executive employees hired this June. The grants, finalized on June 20, serve as a material incentive for the new recruits, falling outside the firm’s standard stockholder-approved equity plans.

Safehold Backs 256-Unit Affordable Housing Project in Santa Cruz

A $45 million ground lease has been finalized for a new affordable housing community in the Soquel area of Santa Cruz, California. The project, led by developer The Pacific Companies, aims to address the significant demand for residential units in the high-cost coastal market by delivering 256 apartments by 2028.

KOBIL Named Sample Vendor in 2026 Gartner Hype Cycle for SuperApps

By 2027, more than half of the global population is projected to use multiple SuperApps daily, driving a major shift in how organizations manage their digital infrastructure. As demand for unified ecosystems grows, KOBIL has been named a Sample Vendor in the 2026 Gartner Hype Cycle for Enterprise Applications.

Dr. William R. Harbron Named to Inner Circle of Excellence

After five decades in education, Dr. William R. Harbron has been inducted as a Pinnacle Professional Member of the Inner Circle. The recognition highlights his transition into executive coaching and his enduring commitment to community stewardship through his newly established firm, WRH Coaching and Consulting LLC.

Martha Maria Mendez-Baldwin Named Pinnacle Professional of the Year

The Inner Circle has recognized Martha Maria Mendez-Baldwin, PhD, as a Pinnacle Professional of the Year, highlighting her extensive contributions to applied developmental psychology and higher education. Based in Yorktown Heights, New York, Mendez-Baldwin bridges the gap between academic research and evidence-based clinical practice.

KB Home Revenue Slides as Market Headwinds Persist

Conflict lead: While KB Home reported second-quarter results that met its internal guidance, the builder saw a sharp 27% decline in total revenues to $1.11 billion, underscoring the pressure of a volatile housing market on its bottom line through May 31, 2026.

Investors Targeted in Embecta Corp. Securities Class Action

Investors who purchased Embecta Corp. common stock between November 25, 2025, and May 4, 2026, face a critical deadline to participate in a pending class action lawsuit. Those seeking to serve as lead plaintiff must file their motion with the court no later than August 17, 2026.

NLRB Forces Amazon to Negotiate With Teamsters at San Francisco Hub

Hours before the launch of Prime Day, the National Labor Relations Board issued a directive requiring Amazon to enter contract negotiations with workers at its DCK6 facility in San Francisco. This legal mandate marks a significant escalation in the ongoing labor standoff between the e-commerce titan and the Teamsters union.

Why Your Car AC Fails in the Summer Heat

When the cabin air turns lukewarm during a Kentucky summer, the culprit is rarely a mystery. Chad Shelton, owner of Bailey's Service Center in Shelbyville, identifies the primary breakdown points in automotive cooling systems, ranging from refrigerant leaks to electrical failures that leave drivers sweating behind the wheel.

Crave Brothers Farmstead Cheese Secures Five Wisconsin State Fair Awards

Two blue-ribbon finishes highlighted a dominant performance for Waterloo-based Crave Brothers Farmstead Cheese at the 2026 Wisconsin State Fair Dairy Products Contest. The family-run operation secured top honors in the Fresh Mozzarella and Flavored Soft Cheese categories, underscoring the quality of their farm-to-table production process.

SAMDUO Debuts Slimline Home Energy Storage at Intersolar Europe

Amid the industrial sprawl of Intersolar Europe 2026 in Munich, SAMDUO has pivoted from traditional utility-focused hardware to a human-centric design philosophy. By prioritizing floor space and residential aesthetics, the company is attempting to redefine how energy storage integrates into the daily lives of European homeowners.