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Hillenbrand Inc (HI) Stock News
The latest HI headlines and market coverage — 30 recent stories, updated throughout the day.
- GlobeNewswire Inc.·
GRAPHIC PACKAGING DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Graphic Packaging Holding Company Investors They Have Until July 6th to Contact the Firm Seeking Lead Plaintiff Role
A class action lawsuit has been filed against Graphic Packaging Holding Company for allegedly making false and misleading statements regarding inventory management issues, reduced demand, increased costs, and unreliable financial guidance for FY 2025. Investors who purchased securities between February 4, 2025 and February 2, 2026 have until July 6, 2026 to apply as lead plaintiff.
- GlobeNewswire Inc.·
PICS INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds PicS N.V. (PICS) Investors of Securities Class Action Lawsuit Deadline on August 4, 2026
A federal securities class action has been filed against PicS N.V. (NASDAQ: PICS) alleging that the company and its executives made false and misleading statements in connection with its January 30, 2026 IPO. The lawsuit claims PicS concealed deficiencies in credit evaluation procedures discovered in December 2025, including the reclassification of R$590 million in exposures to its highest risk category and a Stage 3 formation rate exceeding 7%. Following the disclosure of these issues on March 18, 2026, PICS stock fell 22.5% from its $19.00 IPO price to $12.27. The deadline to seek lead plaintiff appointment is August 4, 2026.
- GlobeNewswire Inc.·
FSK INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds FS KKR Capital (FSK) Investors of Securities Class Action Lawsuit Deadline on July 3, 2026
A federal securities class action has been filed against FS KKR Capital Corp. (FSK) alleging that the company and its executives made false and misleading statements regarding portfolio restructuring effectiveness, investment valuations, and dividend sustainability. The lawsuit covers investors who purchased FSK stock between May 8, 2024 and February 25, 2026. The deadline to seek lead plaintiff appointment is July 3, 2026.
- GlobeNewswire Inc.·Neutral
ARCPOINT ANNOUNCES APPOINTMENT OF PETER KENDALL AS INTERIM CHIEF EXECUTIVE OFFICER
ARCpoint Inc. (TSXV: ARC) has appointed Peter Kendall as Interim Chief Executive Officer for an initial 90-day term to assess the company's business model, MAPL technology platform, and strategic direction. John Constantine has stepped down as CEO to focus on sales, marketing, and commercial development. Kendall will receive 4 million RSUs vesting after 12 months, with potential additional compensation if no continuing engagement is agreed upon.
- Benzinga·
CRACKER BARREL REPORTS THIRD QUARTER FISCAL 2026 RESULTS AND UPDATES FISCAL 2026 OUTLOOK
Company increases revenue and adjusted EBITDA 1,2 guidance LEBANON, Tenn. , June 9, 2026 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) today reported its financial results for the third quarter of fiscal 2026 ended May 1, 2026. Cracker Barrel President and Chief Executive Officer Julie Masino said, "Our initiatives to improve operations, deepen guest connection, and enhance profitability continue to gain traction, with strong execution from our teams driving third quarter results that exceeded expectations. We remain focused on serving delicious food and delivering experiences guests love and believe we are well-positioned to sustain this new momentum." Third Quarter Fiscal 2026 Highlights Total revenue was $797.4 million. Compared to the prior year quarter, total revenue decreased 2.9%. Compared to the prior year quarter, comparable store restaurant sales decreased 2.6%, and comparable store retail sales decreased 1.8%. GAAP earnings per diluted share were $1.90, and adjusted 1 earnings per diluted share were $0.29. GAAP net income was $42.8 million compared to the prior year quarter GAAP net income of $12.6 million. The current year GAAP net income results include a $47.4 million benefit related to a settlement agreement regarding interchange fee litigation. Adjusted EBITDA 1 was $40.3 million compared to the prior year quarter adjusted EBITDA 1 of $48.1 million. Third Quarter Ended (In thousands, except per share amounts) 5/1/26 5/2/25 Revenue $797,367 $821,147 GAAP net income $42,811 $12,574 Adjusted net income 1 $6,533 $13,123 Adjusted EBITDA 1 $40,305 $48,117 GAAP earnings per share – diluted $1.90 $0.56 Adjusted 1 earnings per share – diluted $0.29 $0.58 Balance Sheet & Capital Allocation During the third quarter, the Company received $47.4 million, net of legal fees, pursuant to a settlement agree
- Benzinga·
NATURE'S MIRACLE HOLDING INC. ANNOUNCES STRATEGIC PARTNERSHIP WITH FARADAY FUTURE ("FFAI")TO SUPPORT NORTH AMERICAN ROBOTICS DEPLOYMENT ALONG WITH DELIVERY OF THE INITIAL AEGIS PRO And NAVI ROBOTS
Nature's Miracle Holding Inc. (NMHI) has entered into a Memorandum of Understanding with FF AI-Robotics Inc. to establish a strategic partnership supporting the launch and expansion of FF's Robotics Partnership Program across North America. Under the partnership, Nature's Miracle will develop a network of robotics facilities including showrooms, operation centers, and service centers, while taking delivery of 17 Aegis Pro and 6 Navi robots at its Chicago facility.
- Benzinga·
THOR INDUSTRIES ANNOUNCES FISCAL 2026 THIRD QUARTER RESULTS
Financial Highlights ($ in thousands, except for per share data) Three Months Ended April 30, Change Nine Months Ended April 30, Change 2026 2025 2026 2025 Net Sales $ 2,781,538 $ 2,894,816 (3.9) % $ 7,296,517 $ 7,055,707 3.4 % Gross Profit $ 354,770 $ 443,119 (19.9) % $ 926,998 $ 969,758 (4.4) % Gross Profit Margin % 12.8 % 15.3 % (250) bps 12.7 % 13.7 % (100) bps Net Income Attributable to THOR $ 97,229 $ 135,185 (28.1) % $ 136,701 $ 132,802 2.9 % Diluted Earnings Per Share $ 1.86 $ 2.53 (26.5) % $ 2.59 $ 2.49 4.0 % EBITDA (1) $ 209,078 $ 232,958 (10.3) % $ 411,908 $ 391,035 5.3 % Adjusted EBITDA (1) $ 183,561 $ 254,823 (28.0) % $ 412,620 $ 449,620 (8.2) % (1) See reconciliation of non-GAAP measures to the most directly comparable GAAP financial measures included at the end of this release Fiscal 2026 Third Quarter Net sales of $2.78 billion, Net income attributable to THOR of $97.2 million and EBITDA of $209.1 million in the quarter North American Motorized and European top-line results continue to indicate resilient demand for these products in a difficult macroeconomic environment Opportunistically repurchased $50.5 million of shares during the quarter Net income attributable to THOR was aided by gains from favorable market value adjustments on certain investments as well as gains on the sales of certain real estate associated with strategically optimizing our footprint. Adjusted EBITDA of $183.6 million in the quarter excludes, among other items, nonrecurring costs or benefits associated with strategic reorganization initiatives, the impact of gains on investments and the impact of real estate transactions Full-year fiscal 2026 diluted EPS guidance has been revised in light of prolonged macroeconomic headwinds Consolidated net sales in the range of $9.0 billion to $9.5 billion (no revision) Diluted earnings per share in the range of $3.30 to $3.80 (previously $3
- GlobeNewswire Inc.·
CAHI Honours The Honourable Don Boudria for Leadership in Animal Health
The Canadian Animal Health Institute (CAHI) announced its 2026 Annual Awards, presenting the Industry Leadership Award to former Cabinet Minister Don Boudria for his contributions to advancing animal health policy, and the Chair's Award to Dr. Arman Panah from Virbac for his leadership in regulatory modernization and industry collaboration.
- The Motley Fool·
Stock Market Today, June 1: HIVE Digital Rises Ahead of Results as Analyst Backs AI Data Center Push
HIVE Digital Technologies stock rose 5.31% to $4.76 on June 1st following analyst price target increases and ahead of upcoming earnings. Cantor Fitzgerald raised its price target to $4.60 from $3.00, citing the company's renewable-powered Bitcoin mining operations and expansion plans into AI and high-performance computing data centers. The upcoming earnings call will provide details on mining profitability, power capacity, and progress on AI/HPC initiatives.
- GlobeNewswire Inc.·
HII’s Ingalls Shipbuilding Celebrates 2026 Class of Master Shipbuilders
HII's Ingalls Shipbuilding division honored 40 employees who have completed 40 years of continuous service building advanced Navy ships. The ceremony celebrated their expertise and contributions to critical national defense platforms including Aegis destroyers and amphibious warships. Honorees reflected on technological evolution and the importance of their work to national security.
- Benzinga·Neutral
Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution
Calamos Investments announced monthly distributions for June 2026 across seven closed-end funds (CHI, CHY, CSQ, CGO, CHW, CCD, CPZ). The distributions are sourced primarily from short-term and long-term capital gains, with some funds showing return of capital components. CSQ showed strong YTD NAV returns of 15.28%, while CPZ experienced negative YTD NAV returns of -3.90%.
- Benzinga·
HIVE Digital Technologies to Report Fiscal Fourth Quarter Results; These Most Accurate Analysts Maintain Buy Ratings Ahead Of Earnings Call
HIVE Digital Technologies Ltd (NASDAQ: HIVE ) will report its fiscal fourth quarter results after market close on Monday, June 1. Analysts expect the Vancouver, Canada-based company to report loss per share of $0.21 on revenue of $80 million. HIVE Digital Technologies reported record revenues of $93.1 million for the third quarter with a loss per share of $0.38. HIVE Digital Technologies declared a dividend of $0.37 per share cash payable on July 24, 2026, to shareholders of record on July 10, 2026. HIVE Digital Technologies shares rose 1.63% to close at $6.22 on Friday. Benzinga readers can access the latest analyst ratings on the <a href=” https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie “><em> Analyst Stock Ratings </em></a> ... Full story available on Benzinga.com
- GlobeNewswire Inc.·
GRAPHIC PACKAGING ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Graphic Packaging Holding Company and Encourages Investors to Contact the Firm
A class action lawsuit has been filed against Graphic Packaging Holding Company for allegedly making false and misleading statements regarding inventory management issues, reduced demand, increased costs, and unreliable financial guidance for FY 2025. Investors who purchased GPK securities between February 4, 2025 and February 2, 2026 can seek lead plaintiff status by July 6, 2026.
- Benzinga·
ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND, INC. REPORTS FOURTH QUARTER EARNINGS
NEW YORK , May 29, 2026 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF ), a registered closed‑end investment company, today announced earnings for the fourth quarter ended March 31, 2026. Total net assets of the Fund on March 31, 2026 were $963,393,828 as compared with $985,227,126 on December 31, 2025 and $966,409,431 on March 31, 2025. On March 31, 2026, the net asset value per share was $11.17 based on 86,229,677 shares of common stock outstanding. March 31, 2026 December 31, 2025 March 31, 2025 Total Net Assets $963,393,828 Full story available on Benzinga.com
- Benzinga·
BURLINGTON STORES REPORTS STRONG FIRST QUARTER SALES AND EARNINGS GROWTH, WELL AHEAD OF GUIDANCE. THIS REPRESENTS THE 14TH CONSECUTIVE QUARTER OF DOUBLE DIGIT EPS GROWTH.
<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <ul> <li style="list-style-type:none;"> <ul> <li style="text-align:left;"><strong>Total sales increased 14%, on top of 6% last year </strong></li> <li style="text-align:left;"><strong>Comparable store sales increased 6%</strong></li> <li style="text-align:left;"><strong>Net income was $115 million, and diluted EPS was $1.79 </strong></li> <li style="text-align:left;"><strong>Excluding certain expenses associated with bankruptcy acquired leases: </strong> <ul> <li><strong>Adjusted EPS increased 26% to $2.10, well above guidance</strong></li> <li><strong>Full year adjusted EPS guidance is now $11.45 to $11.80<br /><br /></strong></li> </ul> </li> </ul> </li> </ul> <p align="left">BURLINGTON, N.J., May 28, 2026 (GLOBE NEWSWIRE) -- Burlington Stores, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BURL" rel="nofollow">BURL</a>), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the first quarter ended May 2, 2026.</p> <p align="left">Michael O&#039;Sullivan, CEO, stated, "We are pleased with our strong performance in the first quarter. Adjusted EPS grew 26% versus the first quarter of last year, which represented our 14th consecutive quarter of double digit EPS growth. This track record demonstrates our ability to consistently convert sales into operati
- Benzinga·
WEBCO INDUSTRIES, INC. REPORTS FISCAL 2026 THIRD QUARTER RESULTS
Webco Industries reported strong Q3 fiscal 2026 results with net income of $8.0 million ($11.61 per diluted share), up from $5.0 million ($7.05 per share) in Q3 fiscal 2025. Net sales increased 15.6% to $179.6 million. For the first nine months of fiscal 2026, net income reached $13.3 million ($19.16 per diluted share) compared to $2.9 million ($3.68 per share) in the prior year, with sales up 12.8% to $481.2 million. Gross profit margins improved to 16.1% in Q3 and 13.8% for the nine-month period.
- Benzinga·
WEBCO INDUSTRIES, INC. REPORTS FISCAL 2026 THIRD QUARTER RESULTS
SAND SPRINGS, Okla. , May 26, 2026 /PRNewswire/ -- Webco Industries, Inc. (OTC: WEBC ) today reported results for our third quarter of fiscal year 2026, which ended April 30, 2026. For our third quarter of fiscal year 2026, we had net income of $8.0 million, or $11.61 per diluted share, while in our third quarter of fiscal year 2025, we had net income of $5.0 million, or $7.05 per diluted share. Net sales for the third quarter of fiscal 2026 were $179.6 million, a 15.6 percent increase from the $155.4 million in sales in the third quarter of fiscal year 2025. For the first nine months of fiscal year 2026, we generated net income of $13.3 million, or $19.16 per diluted share, compared to a net income of $2.9 million, or $3.68 per diluted share, for the same period in fiscal year 2025. Net sales for the first nine months of the current year amounted to $481.2 million, a 12.8 percent increase from the $426.5 million in sales for the same nine-month period of last year. In the third quarter of fiscal year 2026, we had income from operations of $10.8 million after depreciation of $5.1 million. The third fiscal quarter of the prior year generated income from operations of $8.3 million after depreciation of $4.9 million. Gross profit for the third quarter of fiscal 2026 was $29.0 million, or 16.1 percent of net sales, compared to $21.3 million, or 13.7 percent of net sales, for the third quarter of fiscal year 2025. Our income from operations for the first nine months of fiscal year 2026 was $20.3 million, after depreciation expense of $15.0 million. Income from operations in the first nine-month period of fiscal year 2025 was $7.6 million, after depreciation expense of $14.2 million. Gross profit for the first nine months of fiscal 2026 was $66.3 million, or 13.8 percent of net sales, compared to $44.8 million, or 10.5 percent of net sales for the same period in fiscal year
- GlobeNewswire Inc.·
ROSEN, HIGHLY REGARDED INVESTOR COUNSEL, Encourages POET Technologies Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – POET
Rosen Law Firm is reminding investors who purchased POET Technologies securities between April 1-27, 2026 of a June 29, 2026 deadline to join a securities class action lawsuit. The lawsuit alleges that POET Technologies made false statements regarding its tax status as a potential passive foreign investment company (PFIC), failed to disclose negative tax implications for U.S. shareholders, and that a defendant violated a non-disclosure agreement by discussing business agreements publicly.
- GlobeNewswire Inc.·
VITL FINAL DEADLINE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Vital Farms, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important May 26 Deadline in Securities Class Action First Filed by the Firm - VITL
Rosen Law Firm reminds investors in Vital Farms, Inc. (NASDAQ: VITL) who purchased securities between May 8, 2025 and February 26, 2026 of the May 26, 2026 lead plaintiff deadline in a securities class action lawsuit. The lawsuit alleges that Vital Farms made false and misleading statements regarding risks and impacts of delays in its enterprise resource planning (ERP) system rollout, which caused the company to miss its full year 2025 earnings guidance.
- GlobeNewswire Inc.·
MEDX HOLDINGS ANNOUNCES Q1 2026 HIGHLIGHTS, MULTI-CITY EXPANSION, AND CORPORATE ACTION TO REBRAND AS DAZED INC. (TICKER: DAZE)
MedX Holdings announced Q1 2026 results with continued net profitability and debt reduction. The company is rebranding to Dazed Inc. (ticker: DAZE) and expanding with three new LazyDaze + Coffeeshop locations in San Marcos, Houston, and Baltimore. The company is also finalizing partnerships for Lazydaze Coffee and K-Cup products and capitalizing on cannabis's federal reclassification to Schedule III.
- Benzinga·
MEDX HOLDINGS ANNOUNCES Q1 2026 HIGHLIGHTS, MULTI-CITY EXPANSION, AND CORPORATE ACTION TO REBRAND AS DAZED INC. (TICKER: DAZE)
Austin, Texas, May 22, 2026 (GLOBE NEWSWIRE) -- MEDX HOLDINGS ANNOUNCES Q1 2026 HIGHLIGHTS, MULTI-CITY EXPANSION, AND CORPORATE ACTION TO REBRAND AS DAZED INC. (TICKER: DAZE) AUSTIN, Texas — May 22, 2026 — MedX Holdings, Inc. (OTC: MEDH ), a leader in the converging cannabis, hemp, and hospitality sectors, today announced its operational and financial highlights for the first quarter of 2026. Building on the net profitability achieved in Q4 2025, the company continues to execute its aggressive expansion strategy, marked by upcoming store openings, strategic product partnerships, and a major corporate rebranding initiative to align with its rapidly growing consumer footprint. Corporate Action: Rebranding to Dazed Inc. To align the company's corporate identity with its flagship consumer brands and long-term vision, MedX Holdings has announced its intention and initiated the required corporate actions to change its name to Dazed Inc. Alongside this name change, the company intends to request a formal ticker symbol change to DAZE . This strategic evolution reflects the company's dominant focus on scaling the Lazydaze franchise ecosystem and Dazed Distribution networks. Q1 Financial and Operational Milestone Highlights Continued Debt Reduction: MedX sustained its disciplined focus on balance sheet strength, further paring down long-term liabilities throughout Q1 to enhance cash flow and shareholder equity. Lazydaze Coffee & K-Cup Partnerships: The company is currently in the final stages of talks with potential strategic partners to massively scale ... Full story available on Benzinga.com
- GlobeNewswire Inc.·
NUAI IMPORTANT DEADLINE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages New Era Energy & Digital, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important June 1 Deadline in Securities Class Action – NUAI
Rosen Law Firm is encouraging investors with significant losses in New Era Energy & Digital, Inc. (NUAI), Upstart Holdings, Inc. (UPST), and Vital Farms, Inc. (VITL) to join securities class action lawsuits before upcoming deadlines. The firm alleges that New Era Energy made false statements about its Texas data center project and engaged in fraudulent schemes involving oil and gas wells in New Mexico.
- Benzinga·
VALHI ANNOUNCES QUARTERLY CASH DIVIDEND AND RESULTS OF ANNUAL STOCKHOLDER MEETING
Valhi, Inc. (NYSE: VHI) announced a regular quarterly dividend of $0.08 per share payable on June 25, 2026. At its annual stockholder meeting on May 21, 2026, shareholders elected six directors for one-year terms and approved executive compensation on an advisory basis. The board appointed Randy L. Hill to fill a vacancy resulting from W. Hayden McIlroy's death in April.
- Benzinga·
METALLIUM DESCRIBES COMPANY'S METAL PROCESSING TECHNOLOGY TO COMBAT THE 'WEAPONIZATION OF THE PERIODIC TABLE' AND HALT RELIANCE ON CHINA DURING PRESENTATION AT CANACCORD GENUITY 5th ANNUAL GLOBAL METALS AND MINING CONFERENCE IN NEVADA
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.
- GlobeNewswire Inc.·
FLYTE ACTIVATES HIGH-FREQUENCY MEMORIAL DAY WEEKEND FLIGHT NETWORK TO CAPTURE SURGING NORTHEAST DEMAND
Flyte, a regional air mobility company, announced full-scale activation of its Memorial Day flight network across the Northeast corridor, deploying aircraft on high-frequency short-haul routes including NYC to Nantucket, Hamptons, and Martha's Vineyard. The company aims to capture premium travel demand during the holiday weekend surge by offering sub-one-hour flights as an alternative to congested ground travel.
- GlobeNewswire Inc.·
ROSEN, HIGHLY RANKED INVESTOR COUNSEL, Encourages Medpace Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - MEDP
Rosen Law Firm is reminding investors who purchased Medpace Holdings common stock between April 22, 2025 and February 9, 2026 of the June 8, 2026 lead plaintiff deadline in an ongoing securities class action. The lawsuit alleges that Medpace made false and misleading statements regarding its backlog cancellation rates, providing overly positive growth expectations that could not be sustained.
- GlobeNewswire Inc.·
LU DEADLINE: ROSEN, A HIGHLY RANKED LAW FIRM, Encourages Lufax Holding Ltd Investors to Secure Counsel Before Important May 20 Deadline in Securities Class Action First Filed by the Firm - LU
Rosen Law Firm reminds investors in Lufax Holding Ltd (NYSE: LU) who purchased securities between April 7, 2023 and January 26, 2025 of the May 20, 2026 lead plaintiff deadline in an ongoing securities class action. The lawsuit alleges that Lufax made false and misleading statements regarding its internal controls and financial results, causing investor damages when the truth entered the market.
- Benzinga·
TURBO ENERGY FILES FY2025 ANNUAL REPORT HIGHLIGHTING 107% REVENUE GROWTH AND STRATEGIC TRANSITION TO AI-DRIVEN ENERGY INFRASTRUCTURE
VALENCIA, Spain, May 18, 2026 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (NASDAQ: TURB ) ("Turbo Energy" or the "Company"), a global integrator of AI-driven solar energy storage solutions and intelligent energy management systems, today announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission ("SEC"). Turbo Energy reported full year 2025 revenue of $23.46 million, representing year-over-year growth of 107% compared to 2024. The Company also reported a significant improvement in operating performance, with operating loss decreasing to $0.91 million compared to $4.11 million in the prior year, while net loss decreased to $1.36 million compared to $3.45 million in 2024. During early 2026, Turbo Energy further strengthened its financial position through approximately $5.0 million in aggregate gross proceeds raised through a Registered Direct Offering ("RDO") and issuances under its "at-the-market" ("ATM") program. These transactions significantly reinforced the Company's balance sheet and increased shareholders' equity by approximately $4.6 million, from approximately $1.88 million¹ in 2025 to approximately $6.48 million in 2026, positioning the Company well above Nasdaq's minimum stockholders' equity requirement for continued listing. 2025 marked a decisive operational and strategic inflection point for Turbo Energy, as the Company accelerated its transition from a traditional energy storage provider into an AI-driven intelligent energy infrastructure platform focused on software-defined energy management, advanced storage integration and high-value commercial and industrial ("C&I") deployments. Throughout 2025, Turbo Energy continued expanding its positioning as a technology integrator capable of combining solar generation, advanced battery storage and propriet
- Benzinga·
CHINA NATURAL RESOURCES, INC. REPORTS FULL YEAR 2025 RESULTS
HONG KONG , May 15, 2026 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR ) (the "Company") today announced its results of operations for the year ended December 31, 2025. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 = CNY6.9964 as quoted by www.ofx.com on December 31, 2025, except as otherwise disclosed. Mr. Wong Wah On Edward, Chief Executive Officer and Chairman of the Company, commented, "We continue to adopt a disciplined approach to our exploration investments as we evaluate the further value creation potential of the Wulatehouqi Moruogu Tong Mine. The escalation of trade frictions and geopolitical tensions has materially affected global market sentiment and economic conditions. Notwithstanding these headwinds, we are actively exploring opportunities to enhance shareholder value. On March 17, 2026, we signed a non-binding Letter of Intent with Feishang Group Limited, its principal shareholder, to acquire 100% shares of a wholly owned subsidiary of Feishang that will own, directly or indirectly, 59.79% of the equity interest of HooRii Technology (HK) Limited, a limited liability company incorporated in Hong Kong specializing in physical AI development, through the combination of IoT and artificial intelligence, to bring AI into the physical." Financial Results for the Twelve Months Ended December 31, 2025 Administrative expenses decreased by CNY3.90 million (US$0.56 million) from CNY7.20 million for the year ended December 31, 2024 to CNY3.30 million (US$0.47 million) for the year ended December 31, 2025. The decrease was mainly caused by the decrease of professional fees (mainly legal and audit fees) as a result of expense control. Other income increased by CNY0.03 million (US$0.01 million) from CNY2.00 thousand for the year ended December 31, 2024 to
- Benzinga·
CHICAGO RIVET & MACHINE CO. ANNOUNCES TEMPORARY SUSPENSION OF QUARTERLY DIVIDEND
Chicago Rivet & Machine Co. (CVR) announced a temporary suspension of its quarterly cash dividend to redirect capital toward operational efficiencies, meeting production requirements, building its sales pipeline, and long-term growth initiatives. The company is prioritizing investments in production capacity, new product launches, and business development resources.