ConnectM Technology Solutions has agreed to sell its India business and a strategic land asset to Blue Cloud Softech Solutions in exchange for 160 million Blue Cloud shares valued at approximately $34.2 million. This divestiture represents 5.8% of ConnectM's annual revenue and will simplify its international operations, allowing the company to focus on growth in US energy storage, AI infrastructure, and distributed energy. The transaction will give ConnectM a 17.3% equity stake in Blue Cloud, maintaining exposure to the Indian market through a publicly listed company. The deal is subject to regulatory approvals, including compliance with Indian securities laws.
The U.S. Small Business Administration (SBA) announced a $6 million grant competition to fund the Women’s Business Center (WBC) Modernization Initiative. This initiative aims to expand statewide support networks for women entrepreneurs in eight state...
Copart's stock is under pressure following a Barclays analyst downgrade to a $26 price target and significant insider selling by a company director. The company faces a securities fraud investigation after CEO Jeff Liaw's resignation, which caused an...
Charles Schwab reported strong Q2 2026 results with earnings per share of $1.62, exceeding estimates and marking a 42% increase year-over-year. The company achieved record quarterly revenue of $7.07 billion, driven by increased trading activity and h...
WesBanco, Inc. is set to release its Q2 2026 earnings with analysts expecting an EPS of $0.86 and revenue of $267.71 million. Despite a 75.7% increase in short interest, analyst sentiment remains positive, with upgrades from Weiss Ratings and Zacks R...
Law Offices of Howard G. Smith announced class action lawsuits against Futu Holdings, Hub Group, Insulet Corporation, and Photronics for allegedly making false or misleading statements during specific periods. The lawsuits claim these companies misre...
