Pinnacle West (PNW) was upgraded from sell to hold as its shares near fair value following a strong technical breakout and solid first-quarter results. The company reported Q1 GAAP EPS of $0.27 and revenue of $1.15 billion, beating expectations, driven by a 9.4% increase in retail sales and 14.6% growth in commercial and industrial demand. Management reaffirmed its full-year 2026 EPS guidance of $4.55–$4.75 and aims for 5–7% long-term EPS growth, supported by $10.4 billion in capital expenditures through 2028. Key risks include rising interest rates, regulatory decisions on the 2025 APS Rate Case, and operational challenges from increasing AI-driven demand.
Fury Gold Mines has restarted exploration and drilling activities at its Eau Claire project in Northern Quebec following a temporary halt due to a nearby wildfire. All personnel have safely returned, and operations resumed after confirming safe condi...
YieldMax announced weekly distributions for three of its Performance & Distribution Target 25 ETFs: MSST, NVIT, and TEST. Each ETF targets a 25% annual income level, with distributions scheduled for July 29, 2026. These ETFs use a call writing strate...
Novo Nordisk has launched a share repurchase program to buy back B shares worth up to DKK 11.2 billion from May 2026 to February 2027, as part of a larger DKK 15 billion buyback plan starting February 2026. Since February, the company has repurchased...
Dimensional Fund Advisors Ltd. has disclosed ownership of 11,780,819 shares, representing a 1.26% stake in Prologis Inc as of July 24, 2026. This disclosure is made under the Takeover Code, indicating a significant investment position. The firm also ...
Man Group PLC has publicly disclosed holding a 1.63% interest in Senior Plc through cash-settled equity swaps as of July 24, 2026. This disclosure is made under Rule 8.3 of the UK Takeover Code, indicating a significant stake in the company. The posi...
