DNOW Inc. shares fell about 19% on February 20, 2026, after the company disclosed persistent ERP system problems at its acquisition target, MRC Global Inc. Despite earlier assurances that the ERP implementation was a one-time issue, DNOW revealed ongoing challenges causing revenue declines and operational inefficiencies. This led to a significant market value loss of over $580 million and prompted a shareholder rights firm to investigate potential securities law violations. DNOW also delayed its 2026 financial guidance due to these ERP issues, raising concerns about future performance and management transparency.
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Red Light Holland, after acquiring Filament Health, has expanded its capabilities in pharmaceutical-grade psilocybin development. Filament completed a shipment of its botanical psilocybin drug candidate, PEX010, to the European Union to support multi...
