Verizon Communications Inc. declared a quarterly dividend of 70.75 cents per outstanding share, consistent with the previous quarter's rate. The dividend is payable on November 2, 2026, to shareholders of record as of October 9, 2026. CEO Dan Schulman highlighted the company's commitment to returning capital to shareholders through sustainable cash flow and operational execution.

Benchmark Electric, a Cordova, Tennessee-based electrical contractor, has been awarded a contract to install a 500-kilowatt Cummins diesel generator at Frontdoor, Inc.'s national headquarters in Germantown, Tennessee. This installation will provide mission-critical backup power, ensuring the nation's largest home service plan provider remains fully operational during utility outages. The project highlights Benchmark Electric's focus on delivering reliable standby power solutions for organizations requiring uninterrupted operations, particularly as severe weather becomes more frequent in the Mid-South.

Akamai Technologies (NASDAQ:AKAM) saw its stock surge by 5.3% despite Citigroup maintaining a "Neutral" rating and significantly cutting its price target from $160 to $122. This counterintuitive rally suggests investors may have been bracing for worse news or view the current valuation as attractive. The company, operating in the software infrastructure space, experienced high trading volume, indicating strong buying pressure.

Builders FirstSource (BLDR) stock has dropped to a 52-week low of $62.25, significantly below its high of $148.91 and its InvestingPro Fair Value of $72.35. The decline is attributed to a weak housing market, lower selling prices, and increased fuel costs, leading 20 analysts to revise earnings downwards. The company also announced a key executive departure and reported Q2 2026 earnings below Wall Street expectations.

IQVIA Holdings Inc. announced its subsidiary, IQVIA Inc., plans to raise $2 billion through an offering of senior notes due 2034. The proceeds will be used to redeem existing 2026 notes, repay a portion of its revolving credit facility, and cover offering-related fees. The offering is subject to market and customary conditions.

Public Service Enterprise Group (PEG) stock has dropped to a 52-week low of $72.52, marking an 11.11% decline over the past year. Despite this downturn, the company maintains a strong dividend profile with 56 consecutive years of payments and a 3.64% yield, and InvestingPro data suggests the shares are near Fair Value. PSEG also recently reported Q2 2026 operating earnings that surpassed Wall Street estimates, reaffirming its full-year guidance due to utility investments and robust nuclear operations.

Stifel has increased its price target for Paychex Inc. (NASDAQ:PAYX) to $130 from $110, maintaining a Hold rating. This adjustment is based on positive revenue growth projections for fiscal year 2027 and expected margin expansion, supported by stable employment, pricing dynamics, and efficiencies from the Paycor acquisition. Despite concerns from other analysts, Stifel believes the company's valuation is reasonable given its earnings growth and dividend yield, with InvestingPro suggesting the stock is undervalued.

FedEx has launched Global Trade Navigator, a new suite of digital tools designed to simplify international shipping for businesses of all sizes. These tools help businesses understand customs requirements, estimate costs, and improve shipment data to reduce complexities and avoid surprises like unexpected duties and taxes for customers. The initiative aims to provide greater confidence and a more predictable experience for businesses engaged in global trade.

Kura Oncology presented at the 12th Annual Cantor Fitzgerald Global Healthcare Conference, highlighting the rapid commercial adoption of KOMZIFTI in acute leukemia and its broader pipeline ambitions, including solid tumors and diabetes. The company reported KOMZIFTI achieved a majority share of new patient starts in NPM1-mutated acute leukemia and outlined upcoming data releases and Phase III trial progress. Kura also announced the spin-out of Caspian Therapeutics to pursue menin inhibitors in diabetes, demonstrating a strategic focus on efficient capital allocation while expanding its therapeutic reach.

F5 (NASDAQ: FFIV) has announced the upcoming availability of F5 Workforce AI Security, a new agentless offering within its F5 AI Security Platform. This solution provides enterprises with visibility and policy control over employee AI usage and actions taken by AI agents on their behalf, without requiring an additional endpoint client. The offering aims to address the growing trend of AI assistants and coding agents accessing enterprise systems and data, ensuring secure and governed AI interactions within organizations.