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Power Solutions faces shareholder investigation over alleged misleading sales and manufacturing claims.

Market News
10 Jul 2026
Newsfile Corp
View Source
Bearish
pluang ai news

Grabar Law Office is investigating Power Solutions International, Inc. for allegedly misleading shareholders by overstating sales potential and understating manufacturing inefficiencies in the data center market. The investigation targets whether the company and its executives breached fiduciary duties by making materially misleading statements about business prospects. Shareholders who held shares before May 8, 2025, can seek corporate reforms and possible financial recovery at no cost. This legal action could impact investor confidence and the company's future disclosures.

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Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...

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Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

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Point closes $508.6M HEI securitization, largest ever in home equity investment class

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Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

Company Fundamentals
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Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

Market News
Bullish
1 hour ago
ING Groep rated 'Buy' for expanding wealth management and subscription revenue growth

ING Groep rated 'Buy' for expanding wealth management and subscription revenue growth

ING Groep N.V. is rated a 'Buy' due to its strategic inorganic growth by acquiring a 40% stake in Spain's Singular Bank, boosting its wealth management presence. Additionally, ING's shift towards subscription-based revenue models is expected to gener...

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