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Generac Signs Global Supply Agreement with Leading Hyperscale Data Center Operator to Supply Backup Power

Generac Holdings Inc. announced a global supply agreement with a major hyperscale data center operator to provide backup power generators. This agreement underscores Generac's critical role in supporting essential digital infrastructure and the digital economy through reliable power solutions. The company's strategic investments in its Commercial & Industrial business and global expansion efforts reinforce its capacity to deliver end-to-end solutions for the growing data center market.

Source: PR Newswire
June 02, 2026 | 04:04:49
Category: General

Preformed Line Products stock (US74044L1089): shares ease after recent run-up ahead of next catalyst

Preformed Line Products (PLPC) shares experienced a modest pullback on Nasdaq after a strong multi-month run, trading around USD 367 per share. This consolidation comes without new earnings or major corporate action, suggesting investors may be awaiting the next set of financial results or sector data. The company, a mid-cap US industrial name in electrical components, benefits from ongoing investments in grid reliability and broadband infrastructure.

Source: Ad Hoc News
June 02, 2026 | 04:09:50
Category: General

Rubrik director Yvonne Wassenaar sells $212,850 in shares

Rubrik director Yvonne Wassenaar sold 2,838 shares of Class A Common Stock worth $212,850 on May 29, 2026, through a Rule 10b5-1 trading plan. The sale followed a conversion of Class B to Class A shares. The transaction occurred as Rubrik, valued at $16.18 billion, prepares to report earnings on June 4, with several analysts maintaining positive outlooks and a new partnership with Sophos for a Microsoft 365 backup service.

Source: Investing.com
June 02, 2026 | 04:10:51
Category: General

BeiGene Ltd stock (US07725L1026): shares firmer after Hong Kong price move and recent Q1 2026 update

BeiGene Ltd shares saw a modest rebound in Hong Kong trading following its Q1 2026 earnings update in May. The company, dual-listed on Nasdaq and HKEX, continues to balance revenue growth from its oncology portfolio, including therapies like Brukinsa, with significant reinvestment into research and development for its late-stage pipeline. Investors are closely watching its cross-border profile and strategy in the competitive oncology space.

Source: Ad Hoc News
June 02, 2026 | 01:10:31
Category: General

MaxLinear appoints KPMG as new auditor following Grant Thornton dismissal

MaxLinear Inc. has appointed KPMG LLP as its new independent registered public accounting firm for the fiscal year ending December 31, 2026, following the dismissal of Grant Thornton LLP. The change was approved by the audit committee, and MaxLinear confirmed no disagreements or reportable events with Grant Thornton during the fiscal years 2024 and 2025. This decision comes as the semiconductor company, valued at $8.3 billion, has experienced a significant stock surge.

Source: Investing.com
June 02, 2026 | 02:00:07
Category: General

NOVAGOLD (NG) director Elaine Dorward-King granted 1,302 deferred share units

NOVAGOLD (NG) director Elaine Dorward-King was granted 1,302 Deferred Share Units (DSUs) at a price of $0.00 per unit, as reported in a Form 4 filing. These DSUs are the economic equivalent of common shares and are part of her compensation, bringing her total beneficial ownership to 37,432 common share-related units. The underlying common shares will not be issued, nor will she have voting or dispositive rights, until her service as a director ends.

Source: Stock Titan
June 02, 2026 | 02:00:31
Category: General

NexGen Energy Ltd stock (CA65345J1066): shares move as market eyes next earnings date

NexGen Energy Ltd (NXE) shares saw active trading on June 2, 2026, on both the Toronto Stock Exchange and NYSE, as investors awaited the company's next earnings report following its Q4 2025 results. The company, a uranium explorer and developer, reported an EPS of USD -0.05 for Q4 2025, wider than the consensus estimate of USD -0.03. Market participants are focusing on project milestones, regulatory progress, and financing updates rather than short-term profitability in anticipation of the estimated next earnings release around August 4, 2026.

Source: Ad Hoc News
June 02, 2026 | 02:09:40
Category: General

General Mills to Sell Mainland China Häagen-Dazs Ice-Cream Shops to Local Tea Brand Ningji

General Mills Inc. has reached an agreement to sell its Häagen-Dazs ice-cream shops in mainland China to a consortium that includes the local tea brand Ningji. The buyers will also receive an exclusive license to utilize the Häagen-Dazs brand for ice-cream shops and gifting businesses within mainland China. General Mills will, however, retain ownership and operation of other Häagen-Dazs retail and foodservice operations.

Source: Bloomberg.com
June 02, 2026 | 02:25:46
Category: General

NNN REIT Inc stock (US6376091040): Wells Fargo lifts price target as NYSE-listed net lease landlord

Wells Fargo and Jefferies have updated their price targets for NNN REIT Inc, a NYSE-listed net lease REIT, in early June 2026. Wells Fargo raised its target to $45.00 from $44.00, reiterating an "equal weight" rating, while Jefferies nudged its target to $47.00 from $46.00 with a "Hold" assessment. The stock, trading around $43-$45 USD, remains attractive to income-oriented investors due to its current dividend yield of approximately 5.08%.

Source: Ad Hoc News
June 02, 2026 | 02:31:08
Category: General

Mesabi Trust stock (US5905971097): NYSE-quoted iron ore royalty trust steady amid cyclicals focus

Shares of Mesabi Trust (MSB) traded steadily on the NYSE on June 1, 2026, as investors reevaluated their exposure to iron ore-linked royalty vehicles. The trust, which generates royalties from iron ore production at the Peter Mitchell mine in Minnesota, remains a U.S.-focused asset sensitive to commodity prices and broader equity market sentiment. Without new analyst coverage, its price movements are expected to continue reflecting iron ore trends and overall U.S. market risk appetite.

Source: Ad Hoc News
June 02, 2026 | 02:39:55
Category: General

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