Mission Valley Bancorp announced a net income of $0.7 million for Q1 2026, a decline from $1.6 million in Q1 2025, mainly due to challenges with two borrower relationships increasing credit loss provisions and reversing interest income. Despite these setbacks, the bank successfully opened a new branch in Arcadia and declared a $0.15 per share dividend, marking its fifth consecutive annual payout. The company reported growth in total assets and loans but saw a slight decrease in deposits. Management remains optimistic about the rest of 2026, emphasizing ongoing credit quality monitoring and celebrating 25 years of community service.
Royal Unibrew increased its share buy-back program from DKK 400 million to DKK 700 million, repurchasing a total of 1,067,000 shares at an average price of DKK 458.58. The program, initiated on February 26, 2026, will run until August 14, 2026, with ...
IREN Limited has completed the acquisition of Nostrum Group, a Spanish developer of grid-connected AI data centers, marking IREN's entry into the European market. This deal adds about 490MW of secured power capacity and a development pipeline in Spai...
Red Cat Holdings shares increased by 4.83% in premarket trading following the launch of Hellcat, a new small unmanned aircraft system designed for versatile mission needs. Built on a modular platform, Hellcat supports customizable command, payloads, ...
Skanska has secured a SEK 4.4 billion contract to construct a new emergency hospital building at Karlstad Central Hospital in Sweden. The high-tech, seven-story building will cover approximately 90,000 square meters and include an emergency departmen...
High Tide Inc. has obtained credit approval for C$40 million in senior secured credit facilities from Bank of Montreal. The new loan agreement includes a $25 million revolving facility and a $15 million delayed draw term loan, which will refinance ex...
