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Broadridge’s Distributed Ledger Repo Achieves 220% Year Over Year Growth; Processes $7.2 Trillion in May

Broadridge Financial Solutions announced that its Distributed Ledger Repo (DLR) processed an average of $362 billion in daily repo transactions in May, totaling $7.2 trillion. This marks a 220% year-over-year increase, highlighting the growing adoption of tokenized real-asset settlement and distributed ledger technology in capital markets. Broadridge is expanding its tokenization capabilities to support various asset classes, aiming to improve liquidity and operational efficiency across traditional and digital markets.

Source: Financial IT
June 08, 2026 | 13:30:14
Category: General

bp awards SLB OneSubsea subsea boosting contract for Thunder Horse

SLB's OneSubsea joint venture has secured an engineering, procurement, and construction (EPC) contract from bp to provide a standardized subsea boosting system for the Thunder Horse development in the deepwater Gulf of Mexico. This award extends bp's use of standardized subsea processing technology across multiple offshore projects, aiming to improve execution efficiency and reduce delivery timelines. Subsea boosting increases production and hydrocarbon recovery, helping optimize output and extend field life.

Source: World Oil
June 08, 2026 | 13:31:17
Category: General

Optimism For General Motors Shares Contains A Flaw: The United Auto Workers Union (GM)

General Motors (GM) faces a Hold rating due to significant labor risks associated with the United Auto Workers (UAW) union and its dependence on U.S. pickup truck profitability. Recent share outperformance has been bolstered by a slowdown in battery electric vehicle (BEV) production and substantial write-offs. However, an ongoing UAW strike at Dauch Corp. highlights the vulnerability of GM's high-margin pickup production, and the company's long-term reliance on the UAW and shrinking U.S. market share against non-unionized competitors limit its upside potential.

Source: Seeking Alpha
June 08, 2026 | 13:31:39
Category: General

What Makes CDW Corp (CDW) a Good Investment?

Argosy Investors highlighted CDW Corporation (CDW) as a good investment in its Q1 2026 investor letter, despite broader skepticism about the AI capex boom's earnings durability. The firm views CDW as a "best-in-class value-added reseller of IT products" that is well-positioned for significant current returns through its dividend yield and share repurchases, given its low capital requirements for growth. While 46 hedge funds held CDW, the investors also noted that other AI stocks might offer greater upside and less downside risk.

Source: Yahoo Finance UK
June 08, 2026 | 13:32:00
Category: General

Sempra Infrastructure taps former LyondellBasell head Patel as next CEO (SRE:NYSE)

Sempra Infrastructure has appointed Bhavesh "Bob" Patel as its incoming CEO. Patel will assume the role and join the board of directors upon the closing of a previously announced acquisition of a majority stake by a KKR-led consortium. Sempra is traded on the NYSE under the ticker SRE.

Source: Seeking Alpha
June 08, 2026 | 13:34:18
Category: General

Southern Company (NYSE: SO) registers up to 50M shares via ATM and forward deals

The Southern Company is offering up to 50 million shares of its common stock through an equity distribution agreement, enabling sales via sales agents and forward sale structures. The company will pay sales commissions up to 1.00% and estimates offering expenses of approximately $740,000. Proceeds will primarily be used for general corporate purposes, including investments in subsidiaries or debt repayment, with most proceeds expected upon physical settlement of forward transactions.

Source: Stock Titan
June 08, 2026 | 13:35:26
Category: General

Is Dominion Energy Stock Underperforming the Dow?

Dominion Energy (D) has shown mixed performance compared to the Dow Jones Industrials Average ($DOWI). While D has outperformed the Dow over the past three months and year-to-date, it has underperformed in the longer 52-week period. Analysts currently hold a cautious "Hold" rating on the stock, with a modest upside potential.

Source: Barchart.com
June 08, 2026 | 13:36:23
Category: General

International Paper Completes Acquisition of North Pacific Paper Company

International Paper announced the completion of its $360 million acquisition of North Pacific Paper Company (NORPAC), a portfolio company of One Rock Capital Partners. This acquisition aims to enhance International Paper's system flexibility, expand capabilities, and better serve customer demand for lightweight high-performance packaging grades, especially on the West Coast. NORPAC's CEO, Craig Anneberg, expressed pride in the team's work and excitement for the opportunities joining International Paper presents.

Source: Ink World magazine -
June 08, 2026 | 13:37:48
Category: General

Book value per share of Martin Marietta Materials, Inc. – XETR:MMX

This article provides the book value per share for Martin Marietta Materials, Inc., traded on XETR under the symbol MMX. It presents this financial data and indicates market status as closed with no trades. The content also briefly lists various features and services offered by TradingView.

Source: TradingView
June 08, 2026 | 13:37:58
Category: General

NorthStrive Defense Tech Executes Binding Agreement to Acquire Exclusive License to Patented Multi-Domain Drone Payload Technology for Defense, Aerospace and Maritime Applications

NorthStrive Defense Tech, a subsidiary of PMGC Holdings Inc., has secured an exclusive, worldwide license for a patented multi-domain drone payload technology. This technology allows aerial vehicles to autonomously transport cable-suspended payloads across both air and water, utilizing buoyancy to enhance efficiency for defense and aerospace applications. The agreement includes a sponsored research program to develop a working prototype and explore commercialization pathways for diverse defense and dual-use applications.

Source: Yahoo! Finance Canada
June 08, 2026 | 13:39:03
Category: General

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