Rosen Law Firm has filed a class action lawsuit on behalf of DNOW Inc. shareholders who held stock as of August 5, 2025, alleging that DNOW and its executives made false or misleading statements about the challenges in their merger with MRC Global Inc. The lawsuit claims that DNOW understated problems with MRC Global's new enterprise resource planning system, which impacted DNOW's business outlook and caused investor losses when the truth emerged. Shareholders eligible to vote at the September 9, 2025 meeting may join the lawsuit without upfront costs, and those interested in becoming lead plaintiff must act by October 2, 2026. No class has been certified yet, and investors can choose their own counsel or remain passive members.
EverBank Financial Corp and WaFd, Inc. have agreed to merge, combining their banking operations to form a larger, more profitable institution. The merger will result in WaFd, Inc. being the surviving entity, renamed EverBank Financial Corp, and tradi...
Boyaa Interactive, a Hong Kong-listed gaming company, purchased an additional 115 Bitcoin, increasing its total holdings to approximately 4,316 BTC. This move places Boyaa as the 22nd largest public company Bitcoin holder worldwide. The company acqui...
Six Flags has partnered with FinTech company Upgrade to launch Flex Pay, a buy now, pay later (BNPL) option for purchasing season passes. Guests can buy passes online for $49 or more and pay in fixed monthly installments while enjoying immediate acce...
President Donald Trump declared that Canadian aircraft maker Bombardier should be banned from selling planes in the US unless they are manufactured domestically. Trump criticized Canada for unfair trade restrictions on American companies and highligh...
Xverse, a self-custodial Bitcoin wallet, has launched a pooled Bitcoin staking product allowing users to earn Bitcoin-denominated yields without giving up control of their coins. The staking uses sBTC on the Stacks network paired with STX tokens, kee...
