Press Releases

Company press releases and official corporate announcements.

A centralized feed of corporate press releases, earnings announcements, mergers, and official statements. Content is presented for informational purposes and may require additional analysis for market relevance.

Articles

10,073 total articles

Genco Shipping & Trading Limited Sends Letter to Shareholders Detailing Genco Board of Directors’ Strong Position to Continue Generating Superior Value

Genco Shipping & Trading Limited Sends Letter to Shareholders Detailing Genco Board of Directors’ Strong Position to Continue Generating Superior Value

Genco Shipping & Trading Limited, a leading U.S. drybulk shipowner, issued a letter to shareholders opposing Diana Shipping's hostile takeover bid of $24.80 per share, which Genco claims undervalues the company below its liquidation and net asset value estimates. Genco's Board urges shareholders to vote for its nominees at the upcoming annual meeti…

Lotus Tech Announces Change to Board Composition

Lotus Tech Announces Change to Board Composition

Lotus Technology Inc. announced a change in its board composition, naming Joe Quan Zhang as the new chairman, succeeding Daniel Donghui Li who stepped down for personal reasons. The leadership change aligns with Lotus Tech's Focus 2030 strategy aimed at strengthening its global competitiveness and sustainable business transformation in the luxury e…

Bayview Acquisition Corp Announces Shareholder Approval of Extension and Minimal Redemptions at Extraordinary General Meeting

Bayview Acquisition Corp Announces Shareholder Approval of Extension and Minimal Redemptions at Extraordinary General Meeting

Bayview Acquisition Corp shareholders approved extending the deadline to complete its initial business combination from June 19, 2026, to December 19, 2026, allowing up to six one-month extensions with associated fees. Shareholder redemption was low, signaling confidence in the pending transaction with Oabay Inc., a company specializing in trade cr…

Descartes Announces Fiscal 2027 First Quarter Financial Results

Descartes Announces Fiscal 2027 First Quarter Financial Results

Descartes Systems Group Inc. reported record revenues of $193.6 million in Q1 FY2027, a 15% increase year-over-year, and a 34% rise in net income to $48.5 million. The company’s services revenue grew 15%, supported by its Global Logistics Network and AI-driven solutions, including the recent acquisition of Idelic, enhancing driver safety and perfor…

Global Indemnity Group, LLC Announces Quarterly Distribution

Global Indemnity Group, LLC Announces Quarterly Distribution

Global Indemnity Group, LLC declared a quarterly distribution payment of $0.35 per common share payable on June 29, 2026, to shareholders of record on June 18, 2026. The company operates as a diversified holding company with various insurance-related entities including property and casualty insurance and reinsurance agencies, as well as specialized…

Aspen Aerogels Named a 2025 Supplier of the Year by General Motors

Aspen Aerogels Named a 2025 Supplier of the Year by General Motors

Aspen Aerogels, a technology leader in aerogel-based sustainability and electrification solutions, has been named a 2025 Supplier of the Year by General Motors. The award honors Aspen's innovation and critical role in GM's electric vehicle thermal management strategy, highlighting the company's contribution to advancing battery performance in the g…

IDT Corporation Reports Third Quarter Fiscal Year 2026 Results

IDT Corporation Reports Third Quarter Fiscal Year 2026 Results

IDT Corporation announced strong fiscal Q3 2026 financial results with record consolidated gross profit and improved margins. Revenue rose 5% to $315.7 million while adjusted EBITDA increased 13% to $37.5 million. Key business segments including National Retail Solutions (NRS), Fintech, and net2phone showed significant growth, with income from oper…

TransAlta Announces the Acquisition of Two Fully-Contracted Gas Assets in Colorado and Concurrent $350 Million Bought Deal Offering of Common Shares

TransAlta Announces the Acquisition of Two Fully-Contracted Gas Assets in Colorado and Concurrent $350 Million Bought Deal Offering of Common Shares

TransAlta Corporation announced the acquisition of two new natural gas-fired peaking power plants near Denver, Colorado, totaling 318 MW capacity. These assets are fully contracted under long-term tolling agreements with investment grade customers, expected to generate approximately US$80 million in annual Adjusted EBITDA and US$33 million in Free …

Costco Wholesale Corporation Reports May Sales Results

Costco Wholesale Corporation Reports May Sales Results

Costco Wholesale Corporation reported robust net sales of $24.01 billion for May 2026, marking a 14.5% increase year-over-year. The company continues to see strong comparable sales growth both domestically and internationally, with digital sales leading the way. For the first 39 weeks, net sales were up 10%, reflecting sustained expansion across it…

Celularity Releases CEO Letter to Shareholders

Celularity Releases CEO Letter to Shareholders

Celularity's CEO Robert Hariri shared a strategic update emphasizing the company's renewed focus on longevity through placental-derived cellular therapies, specifically highlighting the commercialization progress of cenplacel-L. The company recently streamlined operations via an out-license deal with NexGel to focus on their core regenerative medic…

YY Group (NASDAQ: YYGH) Advances AI Training Data Strategy with Launch of Training Lab and Pilot Robotics Deployments in Singapore

YY Group (NASDAQ: YYGH) Advances AI Training Data Strategy with Launch of Training Lab and Pilot Robotics Deployments in Singapore

YY Group Holding Limited (NASDAQ: YYGH) has launched a Humanoid Robotics Training Lab in Singapore that uses NVIDIA accelerated computing technology as part of its AI training data strategy. Complementing an earlier facility in Malaysia, these efforts underpin the company's 'Human-Robot Co-Working' framework, aiming to integrate humanoid robots alo…