The John Hancock Preferred Income ETF outperformed its benchmark, the ICE BofA U.S. All Capital Securities Index, in the first quarter thanks to strong security selection in communications and electric utilities sectors. Key contributions came from preferred securities of major financial institutions undergoing mergers, such as Fifth Third Bancorp and Pinnacle Financial Partners. Defensive sectors like regulated electric utilities and natural gas helped manage risks amid economic and geopolitical uncertainties. The investment team remains vigilant on inflation, geopolitical tensions, and interest rate volatility as market conditions evolve.
SPX Technologies announced a leadership transition in its Detection & Measurement segment as John Swann plans to retire in January 2027. Eric Kaled will take over as segment leader starting August 31, 2026, ensuring continuity and growth. Swann has b...
Brodsky & Smith LLC is investigating whether the boards of AstroNova, Open Lending, Huntsman, and Standard BioTools breached their fiduciary duties in recent merger agreements. The investigations focus on whether the companies conducted fair processe...
The Canadian government has decided to abolish the Office of the Ombudsperson for Responsible Enterprise (CORE), which was tasked with reviewing complaints about human rights and labor abuses linked to Canadian companies operating abroad. The United ...
Vanguard Investments Canada Inc. announced the final cash distributions for June 2026 for several Vanguard ETFs listed on the Toronto Stock Exchange. Unitholders of record on June 26, 2026, will receive payments on July 6, 2026, with distribution amo...
Bitcoin's network is experiencing a significant rise in activity driven by microtransactions under 0.01 BTC, now making up nearly 80% of daily transactions. This surge is fueled by data inscription protocols like Ordinals, Runes, and BRC-20, increasi...
