Recent Articles from Business Wire

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Abacus Global Management, Inc. (“Abacus” or “the Company”) (NASDAQ: ABL) 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 of NWTN Inc. (“NWTN” or “the Company”) (NASDAQ: NWTN) 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 of Brown-Forman Corporation (“Brown-Forman” or “the Company”) (NYSE: BF-A, BF-B) for violations of the securities laws.

Today, Republic Bank & Trust Company (“Republic” or “the Bank”) hosted the fifth annual Juneteenth Event at the Republic Bank Foundation YMCA. Republic partnered with Kentucky African Americans Against Cancer (KAAAC) and other community organizations to offer free screenings and educational resources to improve the health of West Louisville residents.

Today, Amazing Seasun Games, the international games developer behind hits such as JX3 Online and Snowbreak, revealed that the intensive multiplayer third-person shooter Mecha BREAK will launch on July 1st, 2025, on Steam, Steam Deck and Xbox. Players can glimpse the story and conflicts within the game’s universe through the recently released cinematic trailer showcased during the Summer Game Fest livestream here: https://youtu.be/Z2MJY08p_ZE

Sandisk Corporation (NASDAQ: SNDK) announced today that management will participate at the Mizuho Technology Conference 2025 on Wednesday, June 11, at 8:15 a.m. PT / 11:15 a.m. ET.

Attorneys at Hagens Berman representing a class of nearly 400,000 college athletes celebrated the court’s granting of final approval to a historic settlement with the NCAA. In addition to $2.78 billion in past damages, the total value of new payments and benefits to college athletes under the new revenue-sharing model is expected to exceed $20 billion over the next 10 years, making it the largest antitrust class-action settlement in history.

Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that today the U.S. District Court for the District of Delaware (the “Court”) issued an order that rescheduled the start date of the Sale Hearing from July 22, 2025 to August 18, 2025.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of KinderCare Learning Companies, Inc. (“KinderCare” or “the Company”) (NYSE: KLC) for violations of the securities laws.

Executive Producers of the hit TV show The Chosen, Chad Gundersen and Chris Juen, announce a history-making film project with producer Aaron Scotti (The Peanut Butter Falcon) from a script by writer/director/producer Chris Dowling (Where Hope Grows).

In an 8-K filing on June 5, 2025, Sunnova Energy Corporation (Sunnova)—the sponsor and originator of 24 residential solar loan and lease transactions rated by KBRA1 —disclosed that its wholly-owned subsidiary, Sunnova TEP Developer, LLC (Sunnova TEP), had filed a voluntary petition for relief under Chapter 11 of U.S. Bankruptcy Code. Sunnova also reported that its Board approved a reduction in force, effective May 30, 2025, of approximately 718 employees or 55% of its workforce. Given these developments, it is plausible that additional Sunnova subsidiaries— and potentially Sunnova itself—may seek bankruptcy protection in the near future.

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICR of “bb+” (Fair) of Palmetto Surety Corporation (Palmetto) (headquartered in Mount Pleasant, SC). The outlook of the FSR is stable.

Entwistle & Cappucci LLP today announced that its ongoing investigation has led to the filing of a class action (“Action”) against KnowBe4, Inc. (“KnowBe4”), certain of KnowBe4’s directors, KKR & Co. Inc., Elephant Partners, Vista Equity Partners Management, LLC (“Vista”) and certain of their affiliates (collectively, “Defendants”) on behalf of a class (“Class”) consisting of all persons or entities that: (a) sold shares of KnowBe4 common stock from October 12, 2022 through February 1, 2023, including those who sold shares into the “take private” acquisition (“Merger”) of KnowBe4 by Vista and its affiliates on February 1, 2023; and/or (b) held shares of KnowBe4 as of the December 7, 2022 record date and were entitled to vote on the Merger.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Know Labs, Inc. (NYSE American: KNW) to Goldeneye 1995 LLC is fair to Know Labs shareholders.

Cameco (TSX: CCO; NYSE: CCJ) reports an expected increase of approximately $170 million (US) in our 49% equity share of Westinghouse Electric Company’s (Westinghouse) 2025 second quarter and annual adjusted EBITDA. The expected increase is tied to Westinghouse’s participation in the construction project for two nuclear reactors at the Dukovany power plant in the Czech Republic. This expected increase will be taken into consideration in determining the 2025 distribution payable by Westinghouse to Cameco.

PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today made the following statement in response to the report issued today by Institutional Shareholder Services (“ISS”) related to the Company’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”) on June 17, 2025:

Gossamer Bio, Inc. (Nasdaq: GOSS), a late-stage, clinical biopharmaceutical company focused on the development and commercialization of seralutinib for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD), today announced that the Compensation Committee of Gossamer’s Board of Directors approved the grant, effective June 5th, 2025, to three non-executive employees of non-qualified stock option awards to purchase up to an aggregate of 69,875 shares of the Company’s common stock under the Gossamer Bio, Inc. 2023 Employment Inducement Incentive Award Plan (“2023 Inducement Plan”). The awards were granted as an inducement material to the employees entering into employment with Gossamer in accordance with Nasdaq Listing Rule 5635(c)(4).

Oceaneering International, Inc. (NYSE: OII) (“Oceaneering”) today announced a Chief Financial Officer (“CFO”) succession plan.

NETGEAR, Inc. (Nasdaq: NTGR), a global leader in intelligent networking solutions designed to power extraordinary experiences, today announced that it granted inducement equity awards to several new employees in multiple business segments of the company, including those who joined NETGEAR as members of the company’s NETGEAR for Business (NFB) segment in connection with the company’s acquisition involving VAAG Systems.

Summit Therapeutics Inc. (NASDAQ: SMMT) ("Summit," "we," or the "Company") today announced the grant of inducement awards of options to purchase a collective total of up to 71,275 shares of common stock. Awards were made to seven new employees of the Company. The awards were granted as an inducement material to the new employees becoming employees of the Company in accordance with Nasdaq Listing Rule 5635(c)(4) and have been approved by the Company’s Compensation Committee. The inducement awards were granted on June 2, 2025. The options have a ten (10) year term and an exercise price of $17.72 per share, the closing price per share of the Company’s common stock as reported by Nasdaq on June 2, 2025. The options were granted from a pool of equity incentives reserved by the Compensation Committee on January 22, 2025 for issuance as inducements to new employees in accordance with Nasdaq Listing Rule 5635(c)(4).

BigBear.ai (NYSE: BBAI) announced today, June 6, 2025, that Sean Ricker has been appointed interim Chief Financial Officer, effective immediately, succeeding Julie Peffer as Chief Financial Officer.

Advantage Capital Holdings, LLC (“A-CAP” or “The Company”), a New York-based insurance and financial services company with over $12 billion in assets, today announced the successful divestiture of Standard de Liège SA (“Standard Liège” or the “Club”), one of Belgium's most historic soccer clubs, and Immobilière du Standard de Liège SRL, the corporate entity that owns the Club's stadium, Maurice Dufrasne Stadium, to a consortium of buyers led by Standard Liège Chief Executive Officer Giacomo Angelini. This transaction marks the end of 777 Partners’ legacy involvement with the Club and sets the stage for the Club’s future growth and success, both on and off the field.

Packline USA, a leader in food packaging equipment and consumables, today announced its official rebrand to Packline Solutions Group. The name change reflects the company’s expanded value proposition as a fully integrated partner for packaging machinery, materials, and support — serving food manufacturers across North America.

Natuzzi partners with the Italy Pavilion at Expo 2025 Osaka.

Incyte (Nasdaq:INCY) today announced that it granted restricted stock unit awards (RSUs) representing an aggregate of 16,550 shares of the Company’s common stock to 19 new employees. The awards were made under the Company’s 2024 Inducement Stock Incentive Plan, with a grant date and vesting commencement date of June 2, 2025, and were approved by the compensation committee of the Company’s board of directors as an inducement material to the new employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).

indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indie.inc/overview/default.aspx

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Reckitt Benckiser Group plc (“Reckitt” or “the Company”) (OTC: RBGLY) 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.

Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H), a leading global hospitality company, announced today that all required regulatory approvals have been obtained for its previously announced cash tender offer to purchase all of the outstanding ordinary shares of Playa Hotels & Resorts N.V. (“Playa”) (NASDAQ: PLYA) for $13.50 per share in cash, less any applicable withholding taxes and without interest. The offer is being made pursuant to the previously announced purchase agreement, dated February 9, 2025 (the “Purchase Agreement”), among Hyatt, HI Holdings Playa B.V. (“Buyer”) and Playa.

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Skillsoft (NYSE: SKIL) (“Skillsoft” or the “Company”), the platform that empowers organizations and learners to unlock their full potential, today announced that on June 4, 2025, the Talent and Compensation Committee of Skillsoft’s Board of Directors made a grant of 50,000 restricted stock units (“RSUs”) of the Company’s Class A common stock to Raianne Reiss. The grant of RSUs was offered as a material inducement to Ms. Reiss’ hiring as Chief Marketing Officer on April 28, 2025, and was made under Skillsoft’s 2024 Employment Inducement Incentive Award Plan. 50% of such RSUs vest ratably over four years, and the remaining 50% vest at the end of a three-year period, based on the achievement of specified annual revenue growth targets, as determined by the Board of Directors, in each case, subject to Ms. Reiss’ continued employment with the Company through each vesting date.

Neurogene Inc. (Nasdaq: NGNE), a clinical-stage company founded to bring life-changing genetic medicines to patients and families affected by rare neurological diseases, today announced that the Compensation Committee of the Company’s Board of Directors approved the grant of non-qualified stock options to purchase an aggregate of 39,345 shares of the Company’s common stock to four new employees (the “Inducement Grants”) on June 5, 2025 (the “Grant Date”). The Inducement Grants have been granted pursuant to the Company’s 2025 Inducement Plan (the “Plan”). The Inducement Grants were granted as an inducement material to these individuals entering into employment with Neurogene in accordance with Nasdaq Listing Rule 5635(c)(4).

Arcos Dorados Holdings Inc. (NYSE: ARCO) (“Arcos Dorados” or the “Company”), Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, today announced its Board of Directors has appointed Luis Raganato as Arcos Dorados’ new Chief Executive Officer, effective July 1, 2025. Mr. Raganato succeeds Marcelo Rabach, who decided to step down from the CEO position but will remain a member of the Company’s Board of Directors.

Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, has announced today that management will participate in the following investor conference:

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Bausch + Lomb Corporation (“Bausch + Lomb” or “the Company”) (NYSE: BLCO) for violations of the securities laws.

Virginia G. Piper Charitable Trust has appointed Laura Smith as the new director of Eyes On Learning, a coalition of state, local, and national organizations dedicated to improving the vision health of Arizona’s children.

Solar Mosaic (the "Company" or "Mosaic"), a fintech platform for U.S. residential solar and energy-efficient home improvements, today announced the Company filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code (“Chapter 11”) in the United States Bankruptcy Court for the Southern District of Texas (the “Court”). Through the Chapter 11 process, Mosaic intends to complete a restructuring and recapitalization supported by certain of the Company’s existing lenders, including Forbright Bank (“Forbright”) acting as Administrative Agent on behalf of lenders, while simultaneously conducting a comprehensive marketing process of its platform and other assets of the Company.

DKR Films:

Avangrid, Inc., a leading energy company and member of the Iberdrola Group, this week launched its 2025 Summer Internship Program. This year, the company welcomes 71 interns from over 50 universities across the United States and abroad, including participants from Spain and Mexico. Interns will be based at Avangrid offices located in New York, Maine, Connecticut, Massachusetts, and Oregon, and will join 20 different departments including IT, Communications, and Networks.

The countdown is officially on! Five Star Parks, the largest owner and operator of family entertainment centers in America, will officially soft open Texas' largest indoor theme park, Malibu Jack’s North Richland Hills, on June 15 - bringing thrill rides, immersive attractions, and endless fun under one roof.

Populous, the world-renowned design firm specializing in sport and entertainment venues, today announced the acquisition of Denver-based Fentress Architects, a global leader in iconic aviation projects and prominent public buildings, including convention centers, museums and government facilities.

JBL, a global pioneer in award-winning audio innovation, is proud to announce a dynamic new partnership with breakout singer-songwriter Benson Boone, one of today’s most compelling new voices in pop music. With a genre-defying sound, an emotionally rich vocal style, and a social following that has skyrocketed alongside his meteoric rise, Benson represents the next wave of music—bold, boundary-pushing, and deeply personal.

KBRA assigns preliminary ratings to 25 classes of Velocity Commercial Capital 2025-3 (VCC 2025-3) mortgage-backed certificates.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Blue Whale Re Ltd. (Blue Whale) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable.

The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 27.5 cents ($0.275) per common share, payable on August 6, 2025, to shareholders of record at the close of business on July 21, 2025. The company has approximately 165.6 million shares outstanding.

Simplify Healthcare, a recognized leader in enterprise software solutions for Payers, proudly announces that its flagship platform, Benefits1™.Medicare, played a key role once again in streamlining over 30% of Medicare Advantage (MA) Plan Benefit Package (PBP) submissions to the Centers for Medicare & Medicaid Services (CMS) this year. This milestone highlights the platform’s transformative impact on benefit plan management and its integral role in supporting Payers across the nation.

The "European Market for Kitchen Furniture" report has been added to ResearchAndMarkets.com's offering.

Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Neogen Corporation (“Neogen” or the “Company”) (NASDAQ: NEOG) investors concerning the Company’s possible violations of the federal securities laws.

Dollar General (NYSE: DG) is elevating home style with the introduction of celebrity and name-brand products. The revamped ‘Home Valley’ section will feature collections from renowned celebrities, designers and brands, including Kathy Ireland, Betseyville®, Beverly Hills Polo Club®, and Simply Belle by Simply Southern®.

The "Cryptocurrency Mining - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

JCR Pharmaceuticals Co., Ltd. (TSE 4552; “JCR”), a global specialty biopharmaceutical company dedicated to developing therapies for rare and genetic diseases, today announced the launch of its new global website. As the company turns 50, it is marking its growing footprint in Japan, the U.S., Europe, and Latin America with a unique website tailored for global audiences that reflects its passion for both science and humanity and brings the JCR brand to life for patients, physicians, and partners worldwide.

JAMS, the largest private provider of alternative dispute resolution (ADR) services worldwide, is pleased to announce that 23 neutrals were ranked in the 2025 edition of Chambers USA: America’s Leading Lawyers for Business. The JAMS neutrals earned a total of 26 rankings across six categories, spanning both geographic regions and practice areas, with multiple neutrals honored in more than one category. Keeping consistent with the high number of neutrals recognized previously, JAMS once again had the most neutrals listed among all ADR providers.

The "Aviation Biofuel - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

At the University of West Georgia, collaboration and partnership are cornerstones of a thriving and engaged community. Through a new three-year agreement with The Birches on Maple, a 55+ living community developed in partnership with Tanner Health, UWG will offer residents meaningful cultural experiences, educational programming and new ways to engage with the institution.

Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a quarterly distribution from net investment income of $0.10 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025 (Ex-Dividend Date: June 16, 2025).

The "Peer-to-Peer Carsharing - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced data across multiple studies demonstrating positive clinical and quality of life benefits of treatment with CFTR modulators and, in particular, ALYFTREK® (vanzacaftor/tezacaftor/deutivacaftor), which is approved in the United States and United Kingdom and is currently under review with health authorities in the EU, Canada, Australia, New Zealand and Switzerland. These data were presented at this year’s European Cystic Fibrosis Society’s (ECFS) 48th European Cystic Fibrosis Conference held June 4-7, 2025, in Milan, Italy.

Glancy Prongay & Murray LLP reminds investors of the upcoming August 1, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Fortrea Holdings Inc. (“Fortrea” or the “Company”) (NASDAQ: FTRE) securities between July 3, 2023 and February 28, 2025, inclusive (the “Class Period”).

With just weeks until the European Accessibility Act (EAA) takes effect, YuJa, Inc., a leader in cloud platforms and applications for regulated sector clients, highlights how its proven accessibility solutions can help organizations streamline their compliance efforts and meet the Act's stringent requirements.

The "Mine Counter Measures Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" report has been added to ResearchAndMarkets.com's offering.

American International Group, Inc. (NYSE: AIG) today announced the pricing terms for each series of the Notes included in its previously announced tender offers (the “Offers”) to purchase outstanding notes of the series listed in the table below (collectively, the “Notes”) for cash up to a maximum $300 million aggregate amount of Total Consideration (as defined below), excluding the Accrued Coupon Payment (as defined below). The Offers are being made pursuant to AIG’s Offer to Purchase, dated June 2, 2025 (the “Offer to Purchase”), which sets forth a more comprehensive description of the terms and conditions of each Offer, and the accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Tender Offer Documents”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.

HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has recommended that shareholders of PENN Entertainment, Inc. (NASDAQ: PENN) (“PENN” or the “Company”) cast their votes “FOR” the election of all three independent director candidates nominated by HG Vora – William Clifford, Johnny Hartnett, and Carlos Ruisanchez – to the Company’s Board of Directors (the “Board”) on the GOLD proxy card at PENN’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”), scheduled for June 17, 2025.

The Building Research Establishment (BRE) recognized significant achievements in the U.S. market at the 2025 BREEAM Awards, which honored the people and projects leading the industry in sustainable building design, development and management. Held in London on Thursday, June 5, the awards brought together leaders from across the global built environment to celebrate accomplishments across BREEAM’s network, reinforcing the role of sustainability strategies in driving long-term value and resilience.

The "Pharmaceutical Contract Sales Outsourcing - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Sinclair, Inc. (the “Company”) (Nasdaq: SBGI) announced that its stockholders elected the nominated nine Directors at the Company’s Annual Stockholders’ Meeting held yesterday. The elected Directors are Mr. David D. Smith, Executive Chairman, Chairman of the Board of the Company; Mr. Frederick G. Smith, Director and Vice President of the Company; Mr. J. Duncan Smith, Director, Vice President and Secretary of the Company; Mr. Robert E. Smith, Director; Ms. Laurie R. Beyer, Director; Dr. Benjamin S. Carson, Sr., Director; Mr. Howard E. Friedman, Director; Mr. Daniel C. Keith, Director; and Hon. Benson E. Legg, Director.

Milliman, Inc., a premier global consulting and actuarial firm, today released its monthly Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans.

Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0475 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025 (Ex-Dividend Date: June 16, 2025).

Templeton Emerging Markets Fund (NYSE: EMF) today announced a quarterly distribution from net investment income of $0.22 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025 (Ex-Dividend Date: June 16, 2025).

Franklin Limited Duration Income Trust [NYSE American: FTF] today announced a monthly distribution from net investment income of $0.0615 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025 (Ex-Dividend Date: June 16, 2025).

Richard A. “Dick” Sayles has been named a Senior Statesperson by Chambers USA, a prestigious distinction that reflects his enduring influence and leadership among Texas trial and commercial litigation attorneys.

The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Fortrea Holdings Inc. (NASDAQ: FTRE) securities between July 3, 2023 and February 28, 2025, both dates inclusive (the “Class Period”), have until August 1, 2025 to seek appointment as lead plaintiff of the Fortrea class action lawsuit. Captioned Deslande v. Fortrea Holdings Inc., No. 25-cv-04630 (S.D.N.Y.), the Fortrea class action lawsuit charges Fortrea and certain of Fortrea’s top executives with violations of the Securities Exchange Act of 1934.

Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025 (Ex-Dividend Date: June 16, 2025).

The "Waste-to-Fuel Technology - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., provides tips for customers and the general public to help prepare for hurricane season. Whether in the path of a hurricane or facing lesser storms, it is important to be aware of and prepare for extreme weather events.

NextGen Healthcare, Inc. (“NextGen Healthcare” or the “Company”), a leading provider of innovative, cloud-based healthcare technology solutions, today announced that funds affiliated with Madison Dearborn Partners, LLC (“MDP”), a leading private equity investment firm based in Chicago, have completed their acquisition of a significant ownership position in NextGen Healthcare. Thoma Bravo, a leading software investment firm, retains a significant ownership position in NextGen Healthcare. MDP will partner with Thoma Bravo and Company management to accelerate NextGen Healthcare’s growth.

To keep roads safe this summer, the King County Target Zero Coalition is deploying High Visibility Enforcement patrols from June 6 through Labor Day Weekend. This campaign is part of Washington’s “100 Safe Days of Summer” program, which is working to keep roadways safe during what is typically the most dangerous time of the year.