Brancous LP1, a shareholder of Braemar Hotels & Resorts, criticizes the board for prioritizing legal battles against shareholders over negotiating a lower termination payment to Ashford. The shareholder accuses the board of attempting a 'stealth liquidation' by selling assets to trigger a large payment to Ashford without shareholder approval. Brancous calls for the board to distribute excess cash to shareholders, renegotiate the Ashford termination fee, and hold a shareholder meeting to elect an independent board. This dispute highlights tensions over corporate governance and shareholder value at Braemar.
Lands' End awarded CEO Charlie Cole inducement grants including 109,361 restricted stock units and options for 166,018 shares at $11.43 each, vesting over three years. These grants are outside shareholder-approved plans and aim to incentivize his lea...
Canon U.S.A. revealed its next-generation varioPRESS iV7 B2+ sheetfed inkjet press at the thINK Ahead 2026 conference, marking its first U.S. live demonstration. The varioPRESS iV7 offers high-speed printing up to 8,700 B2 sheets per hour, bridging t...
The U.S. Department of War has suspended the Cybersecurity Maturity Model Certification (CMMC) Phase II requirements originally set for November 2026, following concerns from small defense contractors about high compliance costs and bureaucratic burd...
Shake Shack is a premium restaurant brand experiencing strong revenue growth and improving gross margins, though its net profitability remains modest. The stock trades at a high valuation multiple of 50 times forward earnings, reflecting investor exp...
Velvet (VELVET) has risen 29% in the past 24 hours, driven by a record increase in holders surpassing 25,400 wallets in July. This surge in holders has supported an 80% price gain since early July. Market sentiment is bullish, with social engagement ...
