Bread Financial Holdings, Inc. has priced a public offering of 4.8 million depositary shares representing interests in its Series B preferred stock, with an option for underwriters to buy an additional 720,000 shares. The offering is expected to raise approximately $115.3 million in net proceeds, which the company plans to use for general corporate purposes including potential loans to its subsidiary bank and share repurchases. The depositary shares will be listed on the New York Stock Exchange, and the offering is scheduled to close on May 12, 2026, subject to customary conditions. This move supports Bread Financial's financial flexibility and growth strategies.
The global enterprise carbon management software market, valued at $16.7 billion in 2024, is projected to grow to $42.2 billion by 2034 at a CAGR of 9.73%. Growth is driven by increasing corporate net-zero commitments, stricter climate regulations, a...
Pratt & Whitney Canada has secured a nearly five-year contract to provide maintenance, repair, and overhaul (MRO) services for the PW127M engines powering Emerald Airlines' ATR 72-600 regional turboprops. This agreement, effective through 2030, aims ...
CoinShares PLC has launched a new UCITS platform, marking its entry into Europe's regulated investment fund ecosystem, which holds €26.3 trillion in assets. This platform complements its existing exchange-traded products and allows CoinShares to serv...
Celsius co-founders Shlomi Daniel Leon and Hanoch Goldstein will pay a combined $6.5 million to settle Federal Trade Commission charges accusing them of falsely promoting the safety and availability of customer deposits. This follows former CEO Alex ...
Enigmatig Limited has invested in KUNGFULAND, the first scripted feature-length action-comedy co-produced under a treaty between Singapore and Canada using virtual production technology. Filming began in June 2026 in Singapore, blending LED wall tech...
