Two Harbors is caught in a proxy battle between offers from CrossCountry Mortgage (CCM) and UWM Holdings Corporation (UWMC). The CCM offer provides a clearer, higher-value cash outcome with regulatory approvals and a stub dividend, while the UWMC offer defaults inattentive shareholders into low-value UWMC shares, risking significant losses for many. The management favors CCM's offer due to fiduciary duties, as UWMC's default stock allocation could harm passive investors. Shareholders face downside risk if neither deal closes, with a potential immediate sale at $12.40 advised for cautious investors.
Mohawk Industries will release its Q2 2026 financial results on July 30, followed by a live earnings call on July 31 at 11:00 a.m. ET. Investors can join via the company website or phone. Additionally, Mohawk announced a CEO succession plan: Paul De ...
On July 1, Bitcoin spot ETFs experienced a significant outflow of nearly $296 million, reflecting ongoing volatility in crypto investment products. However, the Grayscale Bitcoin Mini Trust, known for its low 0.15% fee, attracted $36.3 million in inf...
Taiko has fully recovered from a $1.7 million exploit on its Ethereum Layer 2 cross-chain bridge that occurred on June 21. The breach was caused by a compromised SGX signing key mistakenly posted on GitHub, allowing attackers to forge withdrawal proo...
Atlas Lithium Corporation is progressing its Neves lithium project in Brazil, moving from exploration toward near-term production. The company shows a promising investment profile with a 145% after-tax IRR and $539 million NPV, supported by a strong ...
Bio-Rad Laboratories has been assigned a 'Buy' rating due to the involvement of activist investor Elliott, which is expected to drive further operational improvements. The company is shifting its acquisition strategy towards revenue-generating bolt-o...
