Calumet, Inc. has increased its asset-based loan facility by $100 million, raising total commitments to $600 million, with the maturity date set for January 2031. This adjustment aligns with higher market prices and receivables, strengthening Calumet's liquidity to support working capital amid commodity price fluctuations. Additionally, Montana Renewables, a Calumet subsidiary, received a final $34 million draw under its amended Loan Guarantee Agreement with the U.S. Department of Energy, supporting the MaxSAF® expansion project. The project capital was reduced to $137 million from the original $1.2 billion plan by repurposing equipment, enabling quicker payback steps.
Baldwin Group is going private in a $7.7 billion all-cash deal led by Sequence Holdings and DFO Management, offering shareholders $32.50 per share, an 88% premium over the June 2026 price. The transaction will delist Baldwin from Nasdaq and is expect...
BTIG increased its price target for Cullinan Therapeutics to $40, reflecting a potential 93% upside from the current stock price of around $20.73. This upgrade follows successful Phase 3 trial results for zipalertinib, a treatment for non-small cell ...
Sanmina Corporation has appointed Shanker Trivedi to its board of directors, effective September 14, 2026. Trivedi brings over 30 years of experience in enterprise technology, particularly in AI, data centers, and cloud infrastructure, having held se...
Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...
Kaplan Fox & Kilsheimer LLP is investigating potential securities violations by Coastal Financial Corporation following the company's report of a $42.1 million net loss in Q2 2026, largely due to a $68.8 million credit expense linked to a single part...
