Duke Energy trying to skirt new Florida data center law, consumer advocate says
Consumer advocates allege that Duke Energy is attempting to circumvent a new Florida law designed to protect customers from rising costs associated with data centers. This claim comes after residents in Citrus County protested a proposed large data center development. The advocates believe Duke Energy is not doing enough to safeguard its customers, potentially putting the new state law to the test.
Hewlett Packard Enterprise Co Stock (HPE) Moved Up by 11.50% on May 29: What Investors Need To Know
Hewlett Packard Enterprise (HPE) stock surged by 11.50% on May 29, driven by positive market sentiment, anticipation of strong Q2 2026 earnings, and a beneficial spillover from Dell's robust AI server forecast. The company's strategic initiatives, including its acquisition of Juniper Networks and new AI product launches, also contributed to investor confidence. Despite some insider selling and a recent downgrade by Wall Street Zen, analysts maintain a "Moderate Buy" rating, expecting continued growth in AI and networking segments.
Is STERIS Valuation Reset Opening A New Debate?
The article discusses how recent market weakness is prompting a re-evaluation of STERIS's valuation, despite its recurring healthcare demand. Key issues include cost pressures, hospital budget constraints, and whether the company's premium multiple is justified. The debate centers on the balance between essential medical services and sterilization markets against potential risks.
VICI Properties Inc stock (US9256521090): shares ease while valuation metrics remain in focus
Shares of VICI Properties Inc (US9256521090) traded slightly lower on Friday, opening at USD 28.32, marking a decrease of approximately 1.1%. Investors are closely monitoring the valuation profile and dividend credentials of the US gaming and experiential REIT, especially considering its 12-month trading range of USD 26.55 to USD 34.01. The company, a large-cap US REIT within the S&P 500, generates rental income from long-term triple-net leases with casino and entertainment operators.
Moody’s cuts Bally’s rating on elevated debt from projects
Moody's Ratings has downgraded Bally's Corporation's Corporate Family Rating to B3 from B2 and its Probability of Default Rating to B3-PD from B2-PD, citing elevated debt from development projects. The downgrade reflects governance considerations related to development plans and sale-leasebacks, which have increased debt levels, particularly for its Chicago casino project and upcoming projects in New York and Las Vegas. Despite product diversification and growth in its core casinos, Moody's expects debt/EBITDA to remain high throughout 2026 due to these significant capital expenditures.
Leica Biosystems and CellCarta Expand Collaborative Companion Diagnostic Development Model to Accelerate Commercialization Globally
Leica Biosystems and CellCarta have announced a strategic partnership to expand their successful companion diagnostic (CDx) joint development model globally, initially proven in China. This collaboration aims to provide biopharma sponsors with a flexible, end-to-end framework for CDx development, streamlining the path from early-stage assays to commercial diagnostics. The model emphasizes parallel progression of assay development, clinical trials, regulatory strategy, and commercialization, uniquely integrating advanced digital pathology to enhance efficiency and data-driven precision medicine.
CALX Investors Have Opportunity to Lead Calix, Inc. Securities Fraud Lawsuit
The Rosen Law Firm announces a class action lawsuit against Calix, Inc. on behalf of investors who purchased securities between January 28, 2026, and April 21, 2026. The lawsuit alleges Calix made misleading statements regarding its first-quarter margins, specifically concerning its dwindling supply of memory components and the resulting negative margin pressure from rising market prices. Investors are encouraged to join the class action by July 27, 2026, to potentially recover damages without out-of-pocket fees.
SLB (NYSE: SLB) files shelf prospectus to offer debt, common stock, guarantees
SLB N.V. (NYSE: SLB) has filed an automatic shelf registration statement to offer an unlimited amount of senior or subordinated debt securities, common stock, and guarantees of debt securities. The specific terms and amounts for each offering will be detailed in separate prospectus supplements, with proceeds from company sales intended for general corporate purposes. The filing also includes details on authorized common stock, outstanding shares as of March 31, 2026, and provisions for tax-related additional amounts and optional redemption of debt securities.
Independent restaurants say they’re not doing as well as Sysco thinks
The Independent Restaurant Coalition (IRC) disputes Sysco CEO Kevin Hourican's claim that independent restaurants are performing better than chain restaurants. The IRC highlights data showing a decline in independent restaurants and high risk of closure among operators, arguing that Sysco's purchasing data doesn't reflect the financial struggles or debt carried by many local establishments. This disagreement comes amid Sysco's proposed $29.1 billion acquisition of Jetro Restaurant Depot, a merger the IRC is urging the FTC to block due to concerns about market dominance and the potential impact on small restaurants.
ExxonMobil (XOM) investors back board, redomiciliation and pay, reject chair change
Exxon Mobil's shareholders approved all twelve director nominees, the advisory vote on executive compensation, and the proposal to redomicile in Texas during their Annual Meeting on May 27, 2026. However, proposals for an independent board chair and changes to the voluntary retail voting program were rejected. The meeting had a strong quorum with 87.8% of shares represented.




