Ravelin Properties REIT has received high approval rates from its debentureholders (99.4%) and unitholders (84.5%) for a proposed plan of arrangement with Clarke Inc. This plan aims to restructure the REIT to avoid enforcement actions by senior secured lenders. If the plan fails, the REIT may have to pursue a Companies' Creditors Arrangement Act (CCAA) process, which likely means no recovery for investors. The REIT's board and special committee unanimously recommend voting in favor of the plan, which also has support from independent proxy advisors. The vote is scheduled for May 25, 2026, pending court and stock exchange approvals.
Greenlight, a leading cannabis operator, expanded its Ohio presence by opening four new dispensaries and adding in-state manufacturing, reaching the state's maximum allowed eight dispensaries. This move strengthens Greenlight's position in Ohio's lim...
Halper Sadeh LLC is investigating whether shareholders of Element Solutions Inc (ESI), Crinetics Pharmaceuticals (CRNX), and Solstice Advanced Materials (SOLS) are receiving fair treatment in their respective sale and merger transactions. The firm hi...
Investment banks Scotiabank and Bernstein have lowered their price targets for Comcast due to increased competition from new players like SpaceX's Starlink and valuation risks. Comcast is also undergoing a major strategic shift by spinning off its NB...
Elevance Health reported strong Q2 2026 results with earnings per share of $7.45, surpassing analyst estimates of around $6.20. Revenue also exceeded expectations at $49.83 billion, marking consistent quarterly outperformance. The company raised its ...
Lotto.com has appointed Ruxandra Tereanu as Chief Operating Officer and Amanda Coyle as Vice President of Human Resources to strengthen its leadership team amid ongoing expansion in the US digital lottery market. Tereanu brings 13 years of experience...
