Stifel Financial Corp. reported an 18% year-over-year increase in total client assets and a 23% rise in fee-based client assets as of May 31, 2026, driven by market gains and advisor recruitment. Loan balances grew over 2% month-over-month, while treasury deposits fell 3% due to timing issues but are expected to grow strongly in Q2. Investment banking activity remains robust, with anticipated revenue growth of 25% to 30% in the second quarter compared to the same period last year. These results indicate strong operational momentum and positive outlook for Stifel's financial services business.
Moore Law, PLLC is investigating BellRing Brands, Inc. for allegedly misrepresenting its sales growth as driven by increased consumer demand, while it was actually due to key customers stockpiling inventory. The company reportedly downplayed competit...
An insider at Progyny (PGNY) sold 5,500 shares valued at $137,000. Insider sales can indicate the insider's personal financial decisions or a signal about the company's future prospects. Investors often watch such moves closely to gauge confidence le...
AZZ Inc. announced a 20% increase in its quarterly cash dividend from $0.20 to $0.24 per share, payable on July 30, 2026, to shareholders of record as of July 9, 2026. This move signals the company's commitment to returning value to shareholders whil...
Ares Capital Management II LLC announced that the monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) as of May 31, 2026, is now available on their website. ARDC is a closed-end fund managed by Ares Capi...
Keurig Dr Pepper Inc. will announce its financial results for the second quarter ending June 30, 2026, before the market opens on August 6, 2026. The company will host a conference call at 8:00 AM ET on the same day, led by CEO Tim Cofer and CFO Anth...
