TowneBank announced a 3.7% increase in its quarterly cash dividend to $0.28 per share, payable July 10, 2026, to shareholders of record on June 26, 2026. This follows the recent $250 million sale of its Resort Property Management business and a special dividend payment of $0.70 per share. Additionally, the bank's Board approved a $25 million donation to the TowneBank Foundation to support charitable causes in its communities. TowneBank operates over 70 offices across Virginia, North Carolina, and South Carolina, focusing on local banking and community growth.
Parabilis Medicines, a clinical-stage biopharmaceutical company, announced the pricing of its upsized initial public offering (IPO) of 33.5 million shares at $20 each, expected to raise approximately $670 million. Additionally, Parabilis agreed to a ...
Halper Sadeh LLC is investigating whether shareholders of Nuvalent, SUNation Energy, Organon & Co., and Taylor Morrison Home Corporation are receiving fair treatment in their companies' recent sales or mergers. The law firm highlights potential confl...
Inno Holdings (INHD) stock was halted by Nasdaq after soaring over 3,600% in one session, rising from about $1.01 to above $66. The surge followed a $3 million contract with a Hong Kong AI firm, which is small compared to typical mid-cap expenses. Th...
Metamucil has introduced "Metamucil Mic Grab," a new digital content series hosted by registered dietitian Amy Shapiro, featuring 90s icons Lance Bass and Danielle Fishel. The series aims to educate viewers on the fibermaxxing trend, which encourages...
The U.S. military conducted retaliatory strikes against Iran following the downing of an American Apache helicopter. The strikes, described by U.S. Central Command as a proportional response to Iranian aggression, were announced on social media. Defe...
