Americold Realty Trust announced it will wind down operations at its automated retail distribution center in Lancaster, PA, and will not start operations at a planned fulfillment center in Plainville, CT. This decision follows a termination agreement with ADUSA Distribution, a subsidiary of Ahold Delhaize USA. As a result, Americold expects to record a non-cash impairment charge between $305 million and $320 million in Q2 2026. Following the announcement, Americold's stock price fell 7.84% to $14.10 per share. A law firm is investigating potential securities fraud related to this situation, advising affected investors to contact them.
Annaly Capital Management is rated Buy at $22.94 per share, with a fair value estimate of $25.55, implying an 11.4% price upside. The company's diversified portfolio across Agency MBS, Residential Credit, and MSR supports a strong blended target retu...
Evernorth, the largest XRP digital asset treasury, is moving closer to becoming a publicly traded company via a merger with Armada Acquisition Corp. II, a SPAC. The U.S. SEC has approved their Form S-4 registration, allowing them to proceed with shar...
Ripple has recommended withdrawing the pending XChainBridge (XLS-38) amendment for the XRP Ledger after deciding that its primary use case—connecting the XRPL mainnet with an EVM-compatible sidechain—is already fulfilled by Axelar. The amendment woul...
Clearfield cut its FY2026 guidance because of delays in broadband projects linked to slow government BEAD program rollout and fiber supply constraints. However, the company secured a $22 million order for hyperscale data centers, validating its growt...
Charles Schwab is expanding its Schwab Crypto platform by adding Solana, Avalanche, and Chainlink to its existing Bitcoin and Ethereum offerings. This move aims to provide investors with more options to build diverse digital asset portfolios while le...
