AllianceBernstein Holding LP (AB) Stock News

A class action lawsuit has been filed against Babcock & Wilcox Enterprises, Inc. for allegedly making false and misleading statements regarding a Power Generation Contract with Applied Digital. The lawsuit claims the company's largest shareholder BRC Group Holdings stood on both sides of the deal and that Applied Digital may not have actually needed the products/services, raising questions about revenue recognition and overstated business prospects. Investors who purchased B&W securities between November 5, 2025 and March 11, 2026 can apply to be lead plaintiff by June 15, 2026.

Vallourec has signed a Memorandum of Understanding with Ultra Corpotech Pvt Ltd to deploy its VAM® threading capabilities in India. The partnership aims to establish localized production of premium tubular solutions for Oilfield Services customers, with implementation planned for late 2026 and commissioning expected in early 2027. This reflects the broader shift of manufacturing activities from North America to the Eastern Hemisphere.

Meta Platforms Inc. and Associated Builders and Contractors (ABC) announced a $115 million partnership called America's Workforce Academy to train data center construction technicians across Indiana, Louisiana, Ohio, and Texas. The program offers a five-week training course with job guarantees, scholarships, and living stipends to address the construction industry's workforce shortage driven by growing data center demand.

Net Sales Increased 26.6% and Gross Profit Increased 42.4% in the Second Quarter of Fiscal 2026 Compared to Same Period in Prior Year ROANOKE, Va. , June 8, 2026 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC ® " or the "Company") today announced financial results for its second quarter of fiscal year 2026 ended April 30, 2026. Second Quarter 2026 Financial Results Consolidated net sales for the second quarter of fiscal year 2026 increased 26.6% to $22.2 million, compared to $17.5 million for the same period in the prior year. OCC experienced an increase in net sales in both its enterprise and specialty markets during the second quarter of fiscal year 2026, compared to the second quarter of fiscal year 2025. Sequentially, net sales for the second quarter of fiscal year 2026 increased 35.2% compared to $16.4 million for the first quarter of fiscal year 2026. OCC continues to see revenue growth and future growth opportunities in its targeted market sectors, both domestically and internationally – with robust demand from customers and end-users in the Company's enterprise, data center and severe duty market sectors. Net sales to customers in the United States increased 21.2% and net sales to customers outside of the United States increased 45.3% in the second quarter of fiscal year 2026, compared to the same period last year. At the end of the second quarter of fiscal year 2026, the Company's sales order backlog/forward load increased to $13.3 million when compared to $10.4 million as of January 31, 2026 (an increase of more than 27%), and when compared to $7.3 million as of October 31, 2025 (an increase of more than 82%). Gross profit increased 42.4% to $7.6 million in the second quarter of fiscal year 2026, compared to $5.3 million for the same period in fiscal year 2025, due to increased volumes and the resulting positive impact of OCC's manufac

ABM Industries Inc. (NYSE: ABM ) shares rose Friday after the facility services provider reported second-quarter results that topped Wall Street estimates and reaffirmed its fiscal 2026 adjusted earnings outlook. Earnings Beat Expectations ABM reported adjusted earnings of 90 cents per share for the second quarter, exceeding analysts’ estimates of 87 cents per share . Revenue increased 8.4% year over year to $2.29 billion, ahead of the consensus estimate of $2.21 billion. Organic revenue growth was 6.1%, while acquisitions contributed an additional 2.3%, primarily from the WGM Star acquisition. The company said organic growth was its strongest since the third quarter of 2022, led by gains in Technical Solutions, Aviation, and Manufacturing & Distribution. ABM also reported record first-half new sales bookings of $1.2 billion and generated $22.4 million in free cash flow during the quarter. At quarter-end, the company had $94.9 million in cash and cash equivalents and $1.9 billion ... Full story available on Benzinga.com

ABM Industries announced fiscal Q2 2026 results with revenue reaching a record $2.3 billion (8.4% increase), driven by 6.1% organic growth and 2.3% from acquisitions. The company reported record first-half new sales bookings of $1.2 billion and net income of $43.1 million ($0.73 per diluted share). Strong performance in Technical Solutions and Aviation segments offset weakness in Business & Industry. Management reaffirmed full-year 2026 outlook with expectations for significant second-half improvement.

ABM Industries Inc (NYSE: ABM) reported its fiscal second quarter earnings before the opening bell on Friday. The company posted its EPS at 90 cents, beating the estimate of 89 cents. Revenue came in at $2.29 billion, beating the estimate of $2.22 billion. In March, UBS analyst Joshua Chan maintained a Neutral rating on the stock while lowering the price target from $51 to $45. The facility management provider paid a quarterly cash dividend of 29 cents per share on May 4, 2026, to shareholders of record on April 2, 2026. The current dividend payout for ABM Industries stands at $1.16, with a dividend yield of is 2.91%. The company has been paying a quarterly cash dividend for more than 90 years, making it one of the longest-running dividend payers in the U.S. markets. So, how can investors exploit its dividend yield to pocket a regular $500 monthly? To earn $500 per month or ... Full story available on Benzinga.com

<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <ul> <li><em>Revenue increased </em><em>8.4%</em><em> to a second quarter record of </em><em>$2.3 billion</em><em>, including organic growth of 6.1% and acquisition growth of 2.3%</em></li> <li><em>Record first half new sales bookings of $1.2 billion</em></li> <li><em>Net income improved to </em><em>$43.1 million</em><em>, or </em><em>$0.73</em><em> per diluted share, as compared to </em><em>$42.2 million</em><em>, or </em><em>$0.67</em><em>, in the prior year </em></li> <li><em>Adjusted net income was </em><em>$52.9 million</em><em>, or </em><em>$0.90</em><em> per diluted share, versus </em><em>$54.1 million</em><em>, or </em><em>$0.86</em><em>, in the prior year</em></li> <li><em>Adjusted EBITDA increased to </em><em>$131.7 million</em><em>, versus </em><em>$125.9</em><em> million last yea</em>r</li> <li><em>Operating cash flow was </em><em>$66.2 million</em><em> and free cash flow totaled </em><em>$22.4 million</em><em>, both well above the prior year</em></li> </ul> <p align="justify">NEW YORK, June 05, 2026 (GLOBE NEWSWIRE) -- ABM (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ABM" rel="nofollow">ABM</a>), a leading provider of facility, engineering and infrastructure solutions

ABM Industries Inc  (NYSE: ABM) will report its fiscal second quarter earnings before the opening bell on Friday, June 5. Wall Street expects the New York City, New York-based company to post its EPS at 88 cents, up 2.3% from the year-ago quarter, on revenue of $2.21 billion, representing 5.2% year-on-year growth. In May 2026, ABM Industries earned a 4-Star Employer designation in the 2026 VETS Indexes Employer Awards, marking the company’s first 4-Star rating and third consecutive year of recognition. Shares of ABM Industries rose 1.76% to close at $39.88 on Thursday. Benzinga readers can access the latest analyst ratings on the  Analyst Stock Ratings  page. Readers can sort by stock ticker, company ... Full story available on Benzinga.com

BAB, Inc. announced a quarterly distribution of $0.01 per share payable on July 14, 2026. The company indicated that a portion of this and future 2026 distributions may be treated as a return of capital for tax purposes, with the remaining portion as dividends. The final dividend determination will be reported in early 2027 based on the company's fiscal year 2026 earnings.

AEON Biopharma announced presentation of analytical and functional data supporting biosimilarity of ABP-450 to BOTOX® at the American Headache Society meeting. The data demonstrates highly similar biological activity through multiple analytical approaches, with LC-MS peptide mapping showing 93%-99% sequence coverage and LD50 potency assay results falling within equivalence criteria established from BOTOX® reference results.

VersaBank (NASDAQ: VBNK) announced a quarterly cash dividend of CAD $0.025 per common share, payable July 31, 2026, to shareholders of record as of July 10, 2026. The dividends are eligible for tax purposes.

All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our second quarter 2026 ("Q2 2026") unaudited Interim Consolidated Financial Statements for the period ended April 30, 2026 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations , SEDAR at www.sedarplus.ca and EDGAR at www.sec.gov/edgar . Supplementary Financial Information will also be available on our website at www.versabank.com/investor-relations . LONDON, ON , June 3, 2026 /CNW/ - VersaBank (or the "Bank") (TSX: VBNK (NASDAQ: VBNK ), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today reported its results for the second quarter ended April 30, 2026. All figures are in Canadian dollars unless otherwise stated. NOTE REGARDING SECOND QUARTER FISCAL 2026 FINANCIAL RESULTS VersaBank's financial results for the second quarter of fiscal 2026 reflect non-core non-interest expenses in the amount of $6.7 million. The non-core non-interest expenses included $4.5 million related to the project costs associated with the Reorganization (see Reorganization note below). Subsequent to the end of the second quarter, the Bank publicly filed a Form S-4 registration statement (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") in connection with the Reorganization. The Reorganization is intended to enhance shareholder value, mitigate risk and reduce corporate costs over the long term. The Bank expects that the anticipated benefits of the Reorganization will exceed the associated investment however, these expected benefits are subject to various assumptions and uncertainties. As of the end of the second quarter of

ASSA ABLOY has acquired Sentinel Dock & Door, a Canadian commercial dock and door service company founded in 1983 with 375 employees. The acquisition strengthens ASSA ABLOY's position in Canada and its Entrance Systems Division. Sentinel generated approximately CAD 137 million in 2025 sales with strong EBIT margins and is expected to be accretive to earnings per share immediately.

Above Food Ingredients (NASDAQ:ABVE) stock plummeted 36% in after-hours trading after Nasdaq determined to delist the company's shares due to failure to file audited financial statements and its Annual Report on Form 20-F by the required deadline. Trading will be suspended at market open on June 2, 2026, with securities expected to move to the OTC market. The company is working to complete filings and may appeal the delisting decision.

The Schall Law Firm is investigating Photronics, Inc. for potential securities law violations, alleging the company issued false or misleading statements. Photronics reported Q2 2026 results showing year-over-year revenue decline and declining operating margins, citing delayed design releases, fab utilization constraints, and geopolitical uncertainty. The stock fell 36.4% following the announcement.

A securities fraud investigation has been announced against Photronics, Inc. following the company's May 28, 2026 earnings report that revealed declining revenue and operating margins. The stock fell 36.4% to $34.02 per share on the news. The company cited delayed design releases, elevated fab utilization rates, memory supply constraints, and geopolitical uncertainty as factors impacting near-term performance.

Record Opportunity Pipeline Growth, and Multiple Product Ramps into 2027 remain on Track for Growth Acceleration. Q1 2026 financials impacted by U.S. Government shutdown and associated defense budget approval delays as well as exchange rate KISTA, Sweden , May 29, 2026 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies today announced financial results for Q1 2026, including a Year-to-Date growth of 77% in its opportunity pipeline to $799M, compared to end of 2025. Q1 revenues were impacted by U.S. Government shutdown in Q4 2025 and associated defense budget approval delays as well as an unfavorable exchange rate environment. Sivers expenses grew to increase sales resources for its growing pipeline as well as preparations for the potential U.S. dual listing. The recent capital raise in May 2026 added high quality institutional investors and provides solid runway for the Company to execute on its plans. First quarter January – March 2026 Net sales amounted to SEK 61.9 m (78.9), equivalent to a decrease of 22% YoY. Adjusted EBITDA totaled SEK -13.8 m (-6.0), equivalent to a decrease by SEK 7.8 m Profit/loss before depreciation and amortization (EBITDA) amounted to SEK -24.7 m (-8.6) Operating profit/loss (EBIT) was SEK -41.5 m (-28.3) Profit/loss after tax amounted to SEK ... Full story available on Benzinga.com

Medx Holdings (MEDH), rebranding to Dazed Inc., has submitted a DEA registration application through its subsidiary Lazydaze ABQ LLC to operate federally registered medical cannabis operations following the rescheduling of medical marijuana to Schedule III. The company reported Q1 2026 revenue growth of 52% and profit growth of 70%, with plans for multi-city expansion and product rollouts.

Photronics reported second quarter fiscal 2026 results on May 28, 2026, with CEO citing delayed design releases, elevated fab utilization rates, memory supply constraints, and geopolitical uncertainty as near-term headwinds. The stock price declined following the announcement, prompting a securities investigation by Holzer & Holzer, LLC.

A class action lawsuit has been filed against Babcock & Wilcox Enterprises, Inc. for allegedly making false and misleading statements regarding a Power Generation Contract with Applied Digital. The lawsuit claims the company's largest shareholder BRC Group Holdings stood on both sides of the deal and that Applied Digital may not have actually needed the products/services, raising questions about revenue recognition and overstated business prospects. Investors who purchased B&W securities between November 5, 2025 and March 11, 2026 can seek lead plaintiff status by June 15, 2026.

Five Iron Golf opened its first Texas location in Fort Worth's Near Southside district, celebrating with tournament-week specials tied to the Charles Schwab Challenge at Colonial Country Club. The 10,000-square-foot venue features 12 Trackman simulators, a full-service bar, and entertainment amenities. Special offers include complimentary simulator time for anyone named Charles and appetizers for tournament attendees.

ABM announced it will release its fiscal second quarter 2026 financial results on June 5, 2026, before market open, followed by a quarterly conference call at 8:30 AM ET. The call will be accessible via audio webcast and phone dial-in, with a replay available through June 19, 2026.

Metallium Limited presented its patented Flash Joule Heating (FJH) technology at the Canaccord Genuity Global Metals and Mining Conference, positioning it as a solution to reduce U.S. reliance on China for critical metals processing. The company, which recently received a Department of War grant for gallium and germanium recovery from e-waste, is pursuing a NASDAQ uplist expected later in 2026 and focusing on urban mining/recycling and mineral processing verticals.

BTS Group AB reported a return to profitable growth in Q1 2026 with net sales of 602 MSEK (down from 647 MSEK YoY) but adjusted growth of 5% excluding currency effects. EBITA increased 5% to 62 MSEK with improved margins at 10.3%, driven by strong performance in North America where the largest business unit showed 50% EBITA improvement. The company expects 2026 results to exceed 2025 performance.

BTS Group AB returned to profitable growth in Q1 2026 with net sales of MSEK 602 and EBITA increasing 5% to MSEK 62. The company's largest unit, North America, returned to growth with 50% profit improvement. CEO Jessica Skon highlighted that AI companies are increasingly choosing BTS as their partner. The company estimates 2026 results will be better than 2025.

Nanobiotix announced early results from the Phase 2 CONVERGE study evaluating JNJ-1900 (NBTXR3), a nanoradioenhancer developed in collaboration with Johnson & Johnson, in patients with stage 3 inoperable non-small cell lung cancer. The study showed promising efficacy with an 85.7% overall response rate and 57.1% complete response rate in 7 patients who completed treatment, compared to less than 5% complete response rates with current standard of care.

PMGC Holdings Inc. (NASDAQ: ELAB) has acquired A&B Aerospace, Inc., a precision machining and aerospace manufacturing company, for a base purchase price of $4.5 million. This marks PMGC's fifth acquisition in the past twelve months as part of its roll-up strategy in U.S.-based precision manufacturing. A&B Aerospace generated approximately $5.0M in revenue and $610K in management-adjusted EBITDA over the trailing twelve months ended February 28, 2026, and serves Tier 1 customers including Boeing, Honeywell, and Moog.

A class action lawsuit has been filed against Babcock & Wilcox Enterprises, Inc. (BW) for allegedly making false and misleading statements regarding a Power Generation Contract with Applied Digital. The lawsuit claims that B&W's largest shareholder BRC Group Holdings had undisclosed conflicts of interest and that Applied Digital may not have actually needed the products/services, raising questions about revenue recognition and overstated business prospects.

ABB announced a $200 million investment over three years to expand medium-voltage manufacturing capacity across Europe, including a $100 million facility in Dalmine, Italy, and capacity expansion projects in Bulgaria, Finland, Germany, Norway, and Poland. The investment aims to accelerate production of SF6-free switchgear, grid automation products, and other technologies to meet growing electricity demand driven by grid modernization, renewable integration, and data center expansion.