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 authorized shares and increase par value. This move was approved by the board and shareholders to streamline the stock structure. Post-split, shares will trade under the same symbol "KPEA" on the OTC Market, with automatic adjustments for shareholders holding shares electronically or in brokerage accounts.
Boyd Group Services Inc. announced a cash dividend of C$0.156 per common share for the second quarter of 2026. The dividend will be paid on July 29, 2026, to shareholders recorded by June 30, 2026. Boyd Group is a major operator of collision repair c...
Amkor Technology's shares rose about 6% premarket following a 10-year partnership announcement with Taiwan Semiconductor to expand advanced semiconductor packaging and testing in Arizona. This deal aims to boost U.S. chip production capacity for AI a...
U.S. stock futures showed mixed results with Dow Jones futures down while Nasdaq 100 and S&P 500 futures rose as investors awaited the Federal Open Market Committee's interest rate decision. La-Z-Boy surged nearly 20% after reporting better-than-expe...
The S&P 500 fell 0.57% to 7,511.35 on Tuesday as investors rotated out of chip stocks into cyclical sectors. Traders on Polymarket predict a 78% chance the index will open higher on Wednesday, ahead of the Federal Open Market Committee meeting under ...
Negotiations between Microsoft and Oracle to lease Oracle's cloud infrastructure, potentially worth over $3 billion, reportedly ended due to Oracle's public cloud not meeting FedRAMP security standards needed for U.S. government data. Oracle disputed...
