Press Releases

Delivers Record Second Quarter Results Across Key Financial MetricsRaises Full Year Fiscal 2027 OutlookCompletes Strategic Acquisition of National Technology Integrators Second Quarter Highlights(All metrics compared to the second quarter of fiscal 2026) Contract revenues of $2.006 billion(*) increased 45.6%, or 16.7% organicallyNet income of $115.6 million(*), or $3.81(*) per common share dilutedAdjusted Net Income of $160.7 million(*), or $5.29(*) per common share dilutedAdjusted EBITDA of $315.5 million(*), or 15.7% of contract revenuesTotal backlog of $12.242 billion(*) an increase of 53.2%Acquired National Technology Integrators (*) Amount represents quarterly record or second quarte

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba," "Alibaba Group" or the "Company") today announced the completion of its HK$80 billion placing of 710,000,000 newly issued ordinary shares of the Company (the "Placement Shares") to non-U.S. persons outside the United States, at a placing price of HK$112.70 per Placement Share (the "Equity Placement"). The Company intends to utilize the net proceeds from the Equity Placement to extend its global AI leadership by investing in its full-stack AI capabilities as follows: (i) approximately 60%, or HK$47,871 million, will be used to expand its global computing infrastructure to meet acceler

New licensing agreement accelerates development of high-performance control and connectivity solutions for defense and other mission-critical operations GCT Semiconductor Holding, Inc. ("GCT") (NYSE:GCTS), a leading designer and supplier of 5G semiconductors powering the AI data pipeline with wireless connectivity, today announced a strategic partnership and license agreement with a leading infrastructure provider for utilities and IoT to accelerate the development of next-generation UAV control and communication technologies. As part of this initiative, GCT is developing a defense vertical to expand its dual-use technology and support emerging mission-critical and defense applications. T

Surf Air Mobility Inc. (NYSE:SRFM) ("Surf Air Mobility" or the "Company") today announced that the Federal Aviation Administration ("FAA") has approved OperatorOS, Surf Air Mobility's proprietary flight operations software, as an authorized systems of record for the Company’s airlines to operate with electronic alternatives to paper signatures, records, and manuals. The approval from the FAA covers the Part 135 certificate under which both Southern Airways Express and Mokulele Airlines operate. By using OperatorOS, the Company’s pilots, mechanics, dispatchers, and trainers can now work from screens rather than paper binders. Crew records, training, weight and balance, bulletins, and safet

Delivers Q2 net sales and adjusted earnings per share results above guidanceSecond quarter net sales of $1.5 billion, down 2.3%. Earnings per diluted share of $0.58; Adjusted earnings per diluted share of $0.62Delivered growth in Direct net sales, supported by ongoing enhancements to the digital experience over the past year Raises full-year 2026 earnings per diluted share guidance to $3.13 to $3.33; adjusted earnings per diluted share guidance to $2.60 to $2.80 and narrows net sales guidance to a decline between 4% to 2.5% COLUMBUS, Ohio, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE:BBWI) today reported second quarter 2026 results. Daniel Heaf, chief executive officer

AI-powered shopping tools transform product discovery, decision-making Price influence declines among apparel and beauty shoppers while other factors gain ground Fast shipping expectations nearly double; free shipping influence declines Seamless omnichannel fulfillment options influence future purchases; free returns drive loyalty Ryder System, Inc. (NYSE:R) today published its 12th annual benchmark study of U.S. consumer online shopping behaviors, preferences, and expectations, "Beyond Price: What’s Driving Consumer Shopping Behavior." The study examines how consumers balance convenience, cost, and experience, providing brands and retailers with actionable insights to refine t

SHANGRAO, China, Aug. 26, 2026 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in clean energy technology, today announced its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Business HighlightsCore Solar and Energy Storage Business HighlightsTotal module shipments for the first half of 2026 were 29.6 GW, with approximately 70% shipped to overseas markets. By the end of the second quarter, we became the first module manufacturer in the world to have delivered a total of over 420 GW of solar modules, with total shipments of the Tiger Neo series surpassing 250 GW, making it the best-selling mod

NORTH CANTON, Ohio, Aug. 26, 2026 /PRNewswire/ -- The Timken Company (NYSE:TKR, www.timken.com)), a leader in advanced motion technology, will participate in three upcoming investor conferences.   Michael A. Discenza, chief financial officer, and Neil Frohnapple, vice president of investor relations, will attend the Jefferies Global Industrials Conference in New York City on Wednesday, Sept. 9, 2026, with a fireside chat scheduled for 7:30 a.m. Eastern Time.Lucian Boldea, president and chief executive officer, and Discenza will participate in the Morgan Stanley Laguna Conference in Dana Point, California, on Wednesday, Sept. 16

EDINBURG, Va., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Glo Fiber, powered by Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN), today announced the completion of network upgrades in Circleville, Ohio, offering higher internet speeds and enhanced performance to over 6,000 homes and businesses. The upgrade transitions Glo Fiber’s network to XGS-PON technology, enabling residential internet speeds of up to 8 Gbps. In addition, Glo Fiber offers a comprehensive portfolio of voice and video services, as well as commercial internet and data solutions with speeds up to 100 Gbps. Existing customers may continue their current plan or upgrade to higher multi-gig speeds by calling 1-833-WANT-GL

SHANGRAO, China, Aug. 26, 2026 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in clean energy technology, today announced that Mr. Xiande Li has resigned as the chief executive officer of the Company, effective August 26, 2026. Mr. Wei "Dimi" Du will succeed Mr. Li as the chief executive officer of the Company, effective August 26, 2026. Mr. Li will continue serving as the chairman and chair of the compensation committee and the nominating and corporate governance committee of the board of directors. The resignation of Mr. Li was not due to any disagreement with the Company, and the Company does not believe this change to its senior m

SHANGHAI, Aug. 26, 2026 /PRNewswire/ -- Alebund Pharmaceuticals (Jiangsu) Limited ("Alebund" or the "Company"; stock code: 09637.HK), a renal-focused biopharmaceutical company, today announced its unaudited consolidated interim results for the six months ended June 30, 2026 (the "Reporting Period"). During the Reporting Period and up to the date of the interim results announcement, the Company made significant progress on four fronts: clinical development, external collaborations, commercialization in China, and the capital markets. Highlights of the Reporting PeriodClinical DevelopmentAP301 — patient enrollment completed in the global Phase III pivotal multi-regional clinical trial; the New

Monthly Highlights Colocation: $4.7B, 16-Year AI/HPC Data Center lease announced for Tydal, Norway CampusAI Cloud: As of the reporting date, our 9.5MW A102 facility in Malaysia is fully committed under long-term offtake agreements, representing total expected contracted revenue exceeding $800 million. Additionally, contract discussions for the A201 facility (21.7MW IT Load) are currently underway. Demand is keen and strong. We expect to sign the contracts of A201 capacity and start collecting the advance payments within a month. We foresee the pricing of AI Cloud to increase further in the short-term future.Bitcoin: Production increased 322% Y/Y to 1,190 Bitcoin. Key Metrics SummaryAI Clou

First-of-its-kind study shows sustained Zepbound use in older adults with obesity lowers costs, reinforcing the potential value of the Medicare GLP-1 Bridge programIndividuals treated with Zepbound had lower rates of hospital admissions and emergency department visitsINDIANAPOLIS, Aug. 26, 2026 /PRNewswire/ -- Eli Lilly and Company (NYSE:LLY) today announced results from a real-world study of adults over 55 with overweight or obesity, which found that staying on Zepbound (tirzepatide) for weight management lowered healthcare costs over time relative to similar untreated adults, driven in part by fewer hospital admissions and emergency department visits. For adults over the age of 55, includi

Raises Full-Year 2026 Revenue and Adjusted EBITDA (1) Outlook at the Midpoint by 6% and 22%, RespectivelyTHE WOODLANDS, Texas, Aug. 26, 2026 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (NASDAQ:TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced a new multi-year lease and services agreement (the "Contract") to provide comprehensive facility and hospitality services for a top-five hyperscaler's data center development in the Pecos region of West Texas (the "Community"). Target will deliver a full-turnkey community that leverages its premium modular acco

~ Net Sales of $169.8 million ~ ~ Operating Income of $14.9 million and Adjusted Operating Income of $15.1 million, which include $3.2 million in IEEPA duty refunds ~ ~ EPS of $0.53 and Adjusted EPS of $0.54, which include $0.11 resulting from IEEPA duty refunds ~ ~ Board Declares Quarterly Dividend of $0.40 per share ~ Movado Group, Inc. (NYSE:MOV) today announced second quarter and six-month results for the periods ended July 31, 2026. Second Quarter Fiscal 2027 Highlights* Net sales of $169.8 million versus $161.8 million in the second quarter of fiscal 2026; Gross margin of 59.4%, or 57.5% excluding $3.2 million of IEEPA duty refunds, compared to 54.1% in the second quar

J.Jill, Inc. (NYSE:JILL) ("J.Jill" or the "Company") today announced that its financial results for the second quarter fiscal year 2026 will be released before market open on Wednesday, September 9, 2026. Mary Ellen Coyne, Chief Executive Officer and President, and Mark Webb, Chief Financial Officer and Chief Operating Officer, will host a conference call at 8:00 a.m. Eastern Time to discuss the financial results. Investors and analysts interested in listening to the call are invited to dial (833) 461-5787 or (585) 542-9983 if calling internationally. Please dial in approximately 10 minutes prior to the start of the call and reference Conference ID 572 594 243 when prompted. A live audio

US Foods Holding Corp. (NYSE:USFD) announced today that Dirk Locascio, Chief Financial Officer, will participate in a fireside chat at the Barclays 19th Annual Global Consumer Conference in Boston on Wednesday, Sept. 9, at 1:30 p.m. EDT. Media and investors can listen to a live audio webcast by visiting the Investor Relations page of the company’s website at https://ir.usfoods.com/events-and-presentations/default.aspx. A replay of the webcast will be available later that same day. About US Foods With a promise to help its customers Make It, US Foods is one of America’s great food companies and a leading foodservice distributor, partnering with approximately 250,000 customer locations

LAS VEGAS, Aug. 26, 2026 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE:GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its wholly owned subsidiary Gresham Worldwide, Inc. ("Gresham Worldwide") has reported approximately $5.4 million in aggregate new orders during July and August 2026 from its radio frequency ("RF") businesses. The new orders are primarily associated with the continued production and replenishment of critical components and subsystems supporting established U.S. defense programs and key defense prime contractors. Gresham Wo

Key Takeaways: Parsons was awarded a position on the COMET IDIQ contract with a combined ceiling value of more than $14 billion.The contract supports the Missile and Space Intelligence Center's mission to deliver scientific and technical intelligence and foundational military intelligence analysis.Parsons will compete for task orders supporting research, development, sustainment, and analytical services that strengthen national security decision-making. CHANTILLY, Va., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that the company was awarded a position on the Contract Operations for Missile Evaluation and Testing (COMET) contract supporting the Missile

Adds a differentiated global value multi-asset capability, complementary equity and fixed income capabilities, and a scaled CLO and alternative credit platform Enhances Victory Capital's organic growth profile through a multi-year history of positive net flows, broadened investment capabilities, and strong investment performance Expands distribution reach across channels First Eagle will operate on Victory Capital's platform, while retaining its brand, investment autonomy, and existing investment processes Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today announced that it has entered into a definitive agreement to acquire 100% of First Eagle In