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  • TWG closed an $80 million PIPE, issuing 40 million Class A shares at $2 per share to nine non-U.S. investors.
  • The PIPE shares are Regulation S-restricted and were sold exclusively outside the U.S.
  • TWG said proceeds will fund expansion of its premium sturgeon caviar business, including the Imperial Cristal brand.
  • TowneBank reported Q2 net income of $193.19 million ($2.09 per diluted share), up from $40.89 million ($0.54).
  • Results included a $198.55 million gain from selling its Resort Property Management unit, boosting capital and tangible book value.
  • TowneBank's core operating earnings excluding certain items were $72.01 million ($0.78 per diluted share).
  • TowneBank reported deposit growth in the quarter.

Latest Articles

Mobia Medical Announces Publication of Two-Year Data from VNS-REHAB Trial Demonstrating Durable and Continued Stroke Recovery with Vivistim® Paired VNS™ Therapy

Mobia Medical Announces Publication of Two-Year Data from VNS-REHAB Trial Demonstrating Durable and Continued Stroke Recovery with Vivistim® Paired VNS™ Therapy

Mobia Medical announced the publication of two-year follow-up data from its VNS-REHAB pivotal trial in the journal Neurology, demonstrating sustained and clinically meaningful improvements in upper-limb motor function, daily living activities, and quality of life in chronic ischemic stroke survivors using the Vivistim Paired VNS Therapy. The data s…

H2O America to Report Second Quarter 2026 Financial Results on July 27

H2O America to Report Second Quarter 2026 Financial Results on July 27

H2O America, a national investor-owned water and wastewater utilities network, will report its Q2 2026 financial results post-market on July 27, followed by a conference call on July 28 to discuss the results and recent developments. The company emphasizes its commitment to delivering clean water to over 1.6 million people across the U.S. through i…

Disciplined Growth Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing July 17, 2026

Disciplined Growth Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing July 17, 2026

Disciplined Growth Acquisition Corporation announced that starting July 17, 2026, investors can separately trade its Class A ordinary shares and rights, which were part of the units sold in its IPO. The shares and rights will trade under the symbols DGAC and DGACR respectively, while units not separated will continue trading as DGACU. The company i…

Amazon's AWS Re-Run: Ride the Next AI Infrastructure Leg

Amazon's AWS Re-Run: Ride the Next AI Infrastructure Leg

Amazon is repeating its AWS bet as it heads into the Q2 report cycle. With a $2.66T market cap, a P/E near 29x and EV/EBITDA around 17x, the stock offers a play on accelerating AI infrastructure demand. This trade sets a clear entry, stop and target with a mid-term (45 trading days) horizon to capture a re-rating if revenue and guidance tilt toward…

Writers Guild Files Suit to Halt Paramount's $110 Billion Deal, Saying It Would Weaken Competition for Screenwriters

Writers Guild Files Suit to Halt Paramount's $110 Billion Deal, Saying It Would Weaken Competition for Screenwriters

The Writers Guild of America has initiated a lawsuit seeking to block Paramount Global’s proposed $110 billion purchase of Warner Bros. Discovery, contending the transaction would unlawfully reduce competition for screenwriting services in film and television and harm writers’ wages and employment prospects. The move follows a separate challenge fr…

Elite Express Holding Inc. Reports Second Quarter 2026 Results

Elite Express Holding Inc. Reports Second Quarter 2026 Results

Elite Express Holding Inc. reported a 15.3% revenue increase to $726,829 in Q2 2026, driven by higher fixed revenues and an ISP agreement with FedEx. Gross profit improved significantly due to revenue growth outpacing costs. However, substantial increases in general and administrative expenses and a $2.15 million R&D investment caused net losses to…

Annexon to Present Phase 2 ARCHER Baseline Characteristics Associated with Confirmed Best Corrected Visual Acuity 15-Letter Loss in Patients with Geographic Atrophy at ASRS 2026

Annexon to Present Phase 2 ARCHER Baseline Characteristics Associated with Confirmed Best Corrected Visual Acuity 15-Letter Loss in Patients with Geographic Atrophy at ASRS 2026

Annexon, Inc. announced an upcoming oral presentation at ASRS 2026 highlighting baseline characteristics linked to vision loss in geographic atrophy patients from the Phase 2 ARCHER trial of vonaprument, its novel neuroprotective therapy. The Phase 2 results demonstrated significant preservation of vision in dry age-related macular degeneration pat…

Apollo Funds Complete Acquisitions of Emerald and Questex, Creating a Scaled, B2B Experiential Events and Media Platform Positioned to Drive Sustained, Long-Term Growth

Apollo Funds Complete Acquisitions of Emerald and Questex, Creating a Scaled, B2B Experiential Events and Media Platform Positioned to Drive Sustained, Long-Term Growth

Apollo-managed funds have completed the acquisitions of Emerald Holding, Inc. and Questex, LLC, combining two major B2B event organizers into a scaled, experiential events and media platform. The integration aims to accelerate organic growth, expand capabilities, and enhance value for stakeholders. Leadership appointments have been announced to ste…

Rapid7 to Report Second Quarter 2026 Financial Results on August 10

Rapid7 to Report Second Quarter 2026 Financial Results on August 10

Rapid7, Inc., a NASDAQ-listed AI-powered managed cybersecurity operations company, announced it will report its Q2 2026 financial results on August 10, 2026, followed by a conference call to discuss the results and outlook. The company provides cybersecurity services to over 11,500 customers globally, focusing on AI-driven threat detection and risk…

AVITA Medical to Announce Second Quarter 2026 Financial Results

AVITA Medical to Announce Second Quarter 2026 Financial Results

AVITA Medical, a therapeutic acute wound care company, announced that it will report its second quarter 2026 financial results on August 6, 2026, after U.S. market close. The company will hold a conference call and webcast to discuss results and business highlights. The company specializes in wound healing technologies including RECELL, an FDA-appr…