Penumbra Inc
Penumbra Inc (PEN) Stock News
The latest PEN headlines and market coverage — 6 recent stories, updated throughout the day.
- GlobeNewswire Inc.·
PENTAIR PLC INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Law firm Kirby McInerney LLP is investigating potential securities fraud claims against Pentair plc following the company's July 14, 2026 announcement of significantly reduced financial guidance and immediate CFO departure. Pentair reported Q2 sales of ~$930M (17% decline vs. expected 1% growth) and adjusted EPS of ~$1.12 (vs. prior guidance of $1.47-$1.50), citing inventory realignment issues and worsening business conditions. The stock fell 15% to $64.33 on the news.
- GlobeNewswire Inc.·
PENTAIR INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Pentair plc on Behalf of Pentair Stockholders and Encourages Investors to Contact the Firm
Law firm Bragar Eagel & Squire is investigating Pentair plc for potential securities law violations following the company's July 15, 2026 announcement of significantly lowered 2026 outlook, $170 million inventory destocking impact on Pool segment sales, and immediate CFO departure. Pentair's stock fell 15% ($11.35) to $64.33 per share on the news.
- Benzinga·
XPENG Reports Q1 2026 Results: Gross Margin Sustains High Level of 20.6%, Accelerating Physical AI Mass Production, Commercialization and Globalization
First-quarter revenue totaled RMB 13.03 billion. Quarterly gross margin reached 20.6%. Overseas deliveries surpassed 6,000 units for the first time in April, targeting sustained monthly overseas deliveries above 10,000 units in Q4. The Ultra trim took over 80% of early GX orders, becoming one of the most popular choices in the premium segment market in China. In April, ADAS mileage penetration on VLA 2.0-equipped XPENG vehicles surpassed 50% for the first time. VLA 2.0 is currently under testing in Europe. GUANGZHOU, China , May 28, 2026 /PRNewswire/ -- XPENG, a leading Chinese AI-driven technology company, today announced its financial results for the first quarter of 2026. Accelerating Physical AI Commercialization: VLA 2.0, Robotaxi and Humanoid Robotics in Full Swing During the earnings call, He Xiaopeng, Chariman & CEO, detailed the company's ongoing transformation from an automotive manufacturer into a global leader in physical AI world. VLA 2.0: VLA 2.0, which saw its ADAS mileage penetration rate on XPENG vehicles exceed 50% for the first time in April, is now being tested in Europe. Robotaxi: XPENG GX fleet is already conducting L4 public-road testing in Guangzhou ahead of Robotaxi pilot operations in Q3. The GX's L4 full-redundancy ... Full story available on Benzinga.com
- Benzinga·
XPENG Reports First Quarter 2026 Unaudited Financial Results
<ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Cash position</i><i xmlns="http://www.w3.org/1999/xhtml"><sup xmlns="http://www.w3.org/1999/xhtml">[i]</sup></i><i xmlns="http://www.w3.org/1999/xhtml"> was RMB42.09 billion (US$6.10 billion) as of March 31, 2026</i></li> <li xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Quarterly total revenues were RMB13.03 billion, a 17.6% decrease year-over-year</i></li> <li xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Quarterly gross margin was 20.6%, an increase of 5.0 percentage points over the same period of 2025</i></li> <li xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Quarterly vehicle margin was 12.1%, an increase of 1.6 percentage points over the same period of 2025</i></li> </ul> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">GUANGZHOU, China</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">May 28, 2026</span> /PRNewswire/ -- XPeng Inc. (&#34, <b xmlns="http://www.w3.org/1999/xhtml">XPENG</b>&#34, or the &#34, <b xmlns="http://www.w3.org/1999/xhtml">Company</b>, &#34, (&#34;<b xmlns="http://www.w3.org/1999/xhtml">XPENG</b>&#34; or the &#34;<b xmlns="http://www.w3.org/1999/xhtml">Company</b>,&#34;
- 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.
- Benzinga·
PENSKE AUTOMOTIVE GROUP ANNOUNCES 22ND QUARTERLY DIVIDEND INCREASE
Penske Automotive Group (NYSE: PAG) announced its 22nd consecutive quarterly dividend increase, raising the quarterly dividend to $1.42 per share, up $0.02 or approximately 1.4%. The dividend is payable June 3, 2026. The company's President Robert H. Kurnick, Jr. stated the increase reflects the company's balanced approach to capital allocation including dividends, share repurchases, and strategic acquisitions.