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Japan Post Insurance and SCOR have signed a Memorandum of Understanding to establish a reinsurance vehicle for risk management. Under the agreement, Japan Post Insurance will cede underwriting risks from its Postal Life Insurance policies to SCOR, and both parties will invest in the reinsurance vehicle to achieve risk diversification benefits. The transaction is subject to final agreement and regulatory approvals.

Japan Post Insurance and SCOR have signed a memorandum of understanding on July 10, 2026, to cede Postal Life Insurance Policies risks to SCOR and establish a reinsurance vehicle. Japan Post Insurance will invest in the reinsurance vehicle to ensure financial stability. The transaction is subject to final agreement and regulatory approvals.

Bernstein Liebhard LLP announced an investigation into whether certain directors and officers of SES AI Corporation breached their fiduciary duties to the company. The investigation targets shareholders who purchased shares prior to January 29, 2025. The law firm is seeking affected shareholders to discuss their legal rights and options.

Bernstein Liebhard LLP has announced securities class action lawsuits against Peabody Energy Corporation for allegedly making materially false and misleading statements about its business operations and financial stability, causing investors to suffer significant losses. The firm has also filed lawsuits against ZoomInfo Technologies Inc. and initiated an investigation into Phreesia, Inc. Affected shareholders are encouraged to contact the firm to discuss their rights.

Dimensional Fund Advisors Ltd. has disclosed a 3.48% stake in Capricorn Energy PLC, comprising 2,456,626 ordinary shares as of June 25, 2026. The disclosure includes a sale of 2,833 shares at 2.8166 GBP per unit. Dimensional acts as an investment advisor and disclaims beneficial ownership of the shares.

LA21-CDC received grant support from Truist Foundation to expand its Small Business Sustainability Initiative, which provides Philadelphia entrepreneurs with coaching, business systems training, capital readiness support, and AI-powered business tools to strengthen operations and build long-term sustainability.

SCOR has received an arbitration tribunal award on June 25, 2026 confirming the validity of retrocession treaties with Covéa from June 2021 involving the transfer of 30% of SCOR's Life & Health portfolio. The tribunal awarded Covéa USD 488.3 million in compensation. After provisions, the impact on SCOR's net results at Q2 2026 will be approximately EUR 50 million with no negative impact on solvency ratio or liquidity.

An arbitral tribunal confirmed on June 25, 2026 the validity of retrocession treaties between SCOR and Covéa concluded in June 2021, involving the cession of 30% of SCOR's Life & Health portfolio. The tribunal ruled that Covéa should be compensated €488.3 million. After provisions, the impact on SCOR's Q2 2026 net result will be approximately €50 million with no negative effect on solvency ratio or liquidity.

SEACOR Marine announced on June 22, 2026, that it has received a shareholder letter from Pointillist Family Office. The company's Board of Directors and management stated they welcome shareholder input and intend to closely review the letter with the goal of enhancing long-term value.

InnSuites Hospitality Trust (IHT) reported Fiscal Q1 2027 net income of $74,702, a $35,672 improvement year-over-year, with record hotel revenue of $2.2 million and combined occupancy reaching 85.37%. The company continues exploring diversification opportunities including a potential reverse merger, IBC Hotels independent hotel services, and investments in UniGen Power's clean energy technology.

North American Financial 15 Split Corp. declared its regular monthly distribution of $0.11335 per Class A share and $0.06250 per Preferred share, payable July 10, 2026. The company invests in a diversified portfolio of 14 major North American financial services companies including Canadian banks and U.S. financial institutions.

US Financial 15 Split Corp declared its monthly distribution of $0.07317 per Preferred share (FTU.PR.B), representing a 10.00% annual yield. The fund invests in a portfolio of 15 major U.S. financial services companies including JPMorgan Chase, Bank of America, Goldman Sachs, and Morgan Stanley.

Canadian Life Companies Split Corp. declared its monthly distribution of $0.10000 per Class A share and $0.05833 per Preferred share, payable July 10, 2026. The company invests in a portfolio of four major Canadian life insurance companies and has renewed its at-the-market equity program while receiving TSX acceptance for a normal course issuer bid.

Parke Bancorp, Inc. (NASDAQ: PKBK) announced a quarterly cash dividend of $0.20 per share, payable on July 17, 2026, to stockholders of record as of July 3, 2026. The Board anticipates paying dividends on a quarterly basis, subject to future determination and declaration, while noting that dividends may be reduced or eliminated based on financial condition and regulatory restrictions.

SR Bancorp, Inc. (NASDAQ: SRBK), the holding company for Somerset Regal Bank, announced a 20% increase in its quarterly cash dividend to $0.06 per share, payable on July 15, 2026. The increase reflects the company's strong financial position and commitment to enhancing shareholder value.

First United Corporation (NASDAQ:FUNC) announced that its Board of Directors declared a cash dividend of $0.26 per share, payable on August 3, 2026, to shareholders of record as of July 20, 2026.

Editor’s note: This article has been updated to correct SpaceX’s market cap comparison with other large U.S. companies. Space Exploration Technologies Corp. (NASDAQ: SPCX ) made history Friday, closing its first day of trading at $160.95 per share — a gain of 19.22% from its $135 IPO price. SPCX stock closed its first day of trading. See all of the news and price action here. The debut capped the largest IPO in history, with the company raising $75 billion through a sale of 555.6 million primary shares. Shares opened at $150, reflecting immediate institutional and retail demand well above the offering price of $135. data-variant="card" data-news-mode="manual" > Read Also: Space Stocks Get Torched: Short Seller Calls ... Full story available on Benzinga.com

Leverage Shares by Themes launched two new leveraged ETFs (SPCH and SSPC) tracking SpaceX following its historic IPO. The funds offer 2X long and -2X short daily exposure with a 0.75% management fee, positioning them as lower-cost alternatives to competitors. The launch targets retail investors capitalizing on unprecedented demand for SpaceX shares.

VANCOUVER, BC , June 12, 2026 /CNW/ - Wall Financial Corporation (the "Company") released its operating results and financial statements for the three months ended April 30, 2026. The Company recorded net earnings and comprehensive income attributable to shareholders of the Company for the three months ended April 30, 2026 of $4,250,854 or $0.13 per share compared to $5,680,721 or $0.18 per share in the same period of the prior year. Stabilized earnings from rental apartment operations decreased slightly from the previous year while earnings from the Company's hotels were stable year over year. Revenues and earnings from the Company's development operations decreased due to fewer condominium unit sales in the current period. Three months ended April 30 Statements of Earnings 2026 2025 Total revenue, investment and other income $ 37,309,620 Full story available on Benzinga.com

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.

Vallourec has signed a memorandum of understanding with Ultra Corpotech Pvt Ltd to deploy VAM® threading technologies in India. The partnership aims to establish local certified production of premium tubular products, with implementation expected by end of 2026 and operations beginning in early 2027. This strategic collaboration responds to the oil and gas services industry's shift of production capacity toward the Eastern Hemisphere, particularly the Mumbai region.

FS KKR Capital Corp. (FSK) faces a securities class action lawsuit alleging management made misleading statements about credit quality improvements between May 2024 and February 2026. The company's stock fell 15.24% on February 26, 2026, following disclosure of deteriorating non-accrual rates exceeding industry averages, an $880 million combined fair value loss, and a 31% dividend cut. Investors who purchased FSK securities during the class period may be eligible for damages, with the lead plaintiff deadline set for July 6, 2026.

American Battery Technology Company's stock surged 28% in premarket trading after the U.S. Department of Energy reinstated a $115 million grant for its Tonopah Flats Lithium Project. The company had successfully appealed the DOE's October 2025 termination decision, and after a December 2025 review, the grant was reinstated. The project aims to produce 5,000 tonnes per year of battery-grade lithium hydroxide and supports domestic critical minerals manufacturing.

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

Excluding significant items, quarterly earnings per common share of $0.48 (1) Increased quarterly dividend 17.6 % to $ 0.10 per common share TORONTO , June 3, 2026 /CNW/ - Canaccord Genuity Group Inc. (Canaccord Genuity Group, the Company) (TSX: CF ) today announced its financial results for the fourth quarter and fiscal year ended March 31, 2026. "We delivered record revenue in fiscal 2026 and significantly improved profitability, reflecting stronger operating leverage and disciplined execution across the platform," said Dan Daviau, Chairman & CEO of Canaccord Genuity Group Inc. "Capital markets growth was led by higher investment banking and advisory activity, while wealth management continued to scale, supported by market appreciation, targeted investment and positive inflows. Our improved earnings profile and continued focus on disciplined capital allocation supported our decision to increase the dividend, while preserving the flexibility to invest in the areas of the business where we see the strongest opportunities to create long-term shareholder value." Fourth quarter and fiscal 2026 highlights (adjusted): (All dollar amounts are stated in thousands of Canadian dollars and on an adjusted basis excluding significant items ( 1 ) unless otherwise indicated) Fourth quarter revenue of $612.7 million, an increase of 33.2% over the same period in the prior fiscal year and the third highest quarterly revenue on record Fiscal 2026 revenue of $2.2 billion increased by 24.9% year over year Global wealth management operations earned record quarterly revenue of $306.7 million and record revenue of $1.1 billion for fiscal 2026, year-over-year improvements of 28.4% and 24.2%. Fourth quarter growth in the Australian wealth management operations reflects contributions from the acquisition of Wilsons Advisory Global capital markets revenue for the fourth quarter of $291.6 mi

CORA Group, a portfolio company of Jonas Software under Constellation Software, has acquired Finastra's U.S. Mid-Market banking business, including the Phoenix Core Banking System, Malauzai Digital Banking, and related solutions. The acquired business will operate as a standalone company within CORA Group while maintaining its existing products, people, and customer relationships.

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

Stewart Information Services Corporation (NYSE: STC) announced a cash dividend of $0.525 per share for Q2 2026, payable on June 30, 2026, to shareholders of record as of June 15, 2026. The global real estate services company continues its dividend distribution to common stockholders.

A class action lawsuit has been filed against FS KKR Capital Corp. (FSK) alleging the company overstated its investment portfolio valuations, resulting in approximately $880 million in fair value losses for shareholders. The lawsuit covers investors who purchased securities between May 8, 2024 and February 25, 2026, with shares falling 15.24% on February 26, 2026 following corrective disclosures. The lead plaintiff deadline is July 6, 2026.

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ CALGARY, AB , June 1, 2026 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR ), a pure-play oil and gas royalty company with an established portfolio of oil royalties and Crown mineral leases, announces results for the three-month period ended March 31, 2026 ("Q1 2026"). President's Message - Corporate Update During Q1 2026, we experienced two very different market environments. Oil prices were below $60.00 USD per barrel in January and remained very weak for almost all of February; which followed extended oil price weakness throughout the second half of 2025. These prolonged lower oil prices resulted in less new drilling activity on our royalty lands and reduced new production to offset natural declines from consistent drilling activity in 2024 and the first half of 2025. In addition, our production volume royalty had a scheduled decline from 70 bbl/d to 39 bbl/d that went into effect on January 1, 2026. This weakness reversed quickly when oil prices spiked in March, which changed the dynamic across our royalty lands for the first quarter and improved our outlook for the remainder of 2026. March royalty production rebounded from earlier in Q1 2026 to average 204 boe/d and royalty revenue for the month was approximately $623,000. Seven new horizontal wells began producing in March on our central Alberta (4) and S.E. Saskatchewan (3) royalty lands. The higher oil price environment not only increases the royalty revenue from our existing production due to our ~90% oil royalty production ratio, but it also positively changes our expectations for new drilling on our royalty lands. In particular, the operator of our Clearwater royalty lands recently disclosed that they have added a second rig to the property and anticipate an increase in the number of Clearwater horizontal wells to b