Kentucky First Federal Bancorp announced a special board meeting on July 28, 2026, to consider resuming quarterly dividends on its common stock, potentially up to $0.10 per share. The company has suspended dividends since November 2023, and no final decision has been made yet. This decision follows a member vote on a proposal allowing First Federal MHC, which holds 58.5% of shares, to waive its right to receive certain dividends. Any dividend declaration is subject to regulatory approval from the Federal Reserve Bank of Cleveland.
Universal Music Group's Board of Directors unanimously rejected an unsolicited buyout proposal from Pershing Square Capital Management, stating it undervalues the company and won't create superior value. The Board, supported by shareholders, highligh...
Cuprina Holdings completed a reverse stock split on May 27, 2026, aiming to meet Nasdaq's minimum $1.00 bid price requirement after failing to regain compliance. The company requested a hearing with the Nasdaq Hearings Panel to appeal a delisting det...
Kun Peng International Ltd. will implement a 1-for-10 reverse stock split of its common stock effective June 2, 2026, reducing outstanding shares from 400 million to about 40 million. The company also amended its Articles of Incorporation to reduce a...
Hedge fund billionaire Daniel Loeb increased his stake in Broadcom by buying 50,000 shares while reducing holdings in NVIDIA and Taiwan Semiconductor. Broadcom reported strong Q1 revenue of $19.31 billion, beating estimates, and expects Q2 revenue ar...
U.S. stocks reached new highs with the Dow Jones Industrial Average topping 51,000, driven by a 28% surge in Dell Technologies shares after a strong Q1 report. Dell reported $43.8 billion in revenue, up 88% year-over-year, with $24.4 billion in AI-re...
