Money
BlackRock MuniVest Fund, Inc. (ticker: MVF) has released the final results of its previously announced tender offer, according to a Business Wire notice from New York dated August 18, 2025. The Bluefield Daily Telegraph carried the announcement the following day.
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Japan’s SoftBank is injecting $2 billion into Intel, agreeing to buy shares at $23 apiece. The announcement, made Monday, sent Intel stock up 6 percent in after-hours trading and offers a boost to the struggling American chipmaker.
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A New York press release dated Aug. 18, 2025, notifies holders of XIFR and NEP securities that they may petition to serve as lead plaintiffs in a securities-fraud lawsuit against XPLR Infrastructure, LP—formerly Nextera Energy Partners, LP. The notice opens a new chapter in an unfolding legal challenge over alleged investor deception.
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Investors are waiting to see whether Palo Alto Networks will top its own projections when the cybersecurity firm reports results today. A live blog from 247wallst.com, carried by Biztoc, reminds readers that the company’s benchmark is $5.52 billion in Next-Generation Security annual recurring revenue. The rolling coverage updates automatically as the numbers draw near.
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BNP Paribas Asset Management pared its exposure to Adobe Inc. during the first quarter, selling 52,757 shares and cutting its stake by 7 percent. The move leaves the fund with 704,078 shares of the software maker, about 0.7 percent of its total portfolio, according to data compiled by Holdings Channel.
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Prospector Partners LLC has sharply increased its exposure to Pfizer Inc., buying nearly 54,000 additional shares in the first quarter, according to a recent regulatory filing. The purchase lifts the fund’s stake by 60.9 percent to 142,455 shares, now valued at about $3.61 million.
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Stock Market
TH International Limited, the exclusive operator of Tim Hortons coffee shops in China, will publish its second-quarter 2025 financial results on August 26. A webcasted conference call will follow at 8:00 AM EST (8:00 PM China Standard Time), accessible through the company’s Investor Relations site.
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Google is deepening its relationship with TeraWulf, pledging an additional $1.4 billion backstop and receiving new warrants in return. The announcement sent TeraWulf shares up more than 10% and paved the way for a planned $400 million convertible offering.
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U.S. stock-index futures edged 0.1 percent lower Monday morning, signaling a quiet start on Wall Street. The dip comes just hours before President Donald Trump meets Ukrainian President Volodymyr Zelenskyy and other European leaders.
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Investment bank Berenberg has brought in two specialists to reinforce its algorithmic and program-trading teams as part of a push to expand its product range and court more institutional clients. One of the new arrivals, Nishad Vallonthaiel, will lead the firm’s liquidity-solutions unit.
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PNC Financial Services Group has expanded its position in Global Net Lease by 16 percent, according to the bank’s latest Form 13F filed with the Securities and Exchange Commission. The first-quarter move brings PNC’s holdings in the NYSE-listed firm to 28,677 shares.
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PNC Financial Services Group expanded its position in ESAB Corporation during the first quarter, increasing its holding by 20.1%, according to a new SEC filing. The bank now owns 1,844 ESAB shares after purchasing an additional 308 in the period.
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PNC Financial Services Group quietly raised its stake in First Hawaiian, Inc. by 12.5 percent during the year’s first quarter, a recent SEC filing shows. The purchase of 946 additional shares brings PNC’s total holdings in the Honolulu-based bank to 8,511 shares.
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A new Securities and Exchange Commission filing shows PNC Financial Services Group increasing its holdings in Piedmont Realty Trust by 7.4 percent during the first quarter. The bank now controls 25,929 shares of the real-estate investment trust—an investment worth roughly $191,000.
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PNC Financial Services Group quietly pared back its investment in Stewart Information Services Corporation during the first quarter, new regulatory filings show. The banking giant sold 405 shares, reducing its stake in the title-insurance provider by 13.7 percent to 2,544 shares.
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PNC Financial Services Group has quietly pared back its stake in Vericel Corporation. A recent SEC filing shows the bank sold 378 shares in the first quarter—an 8.2 percent trim that leaves it holding 4,251 shares of the NASDAQ-listed biotech firm.
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New data released by Defense World show Fifth District Bancorp lagging its peer group on every major profitability measure. The community bank’s net margin, return on equity, and return on assets all fall well short of competitor averages, raising questions about how it can close the gap.
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Zacks Small Cap has inched its third-quarter 2025 earnings forecast for Longeveron Inc. higher, trimming the biotech’s expected loss to 26 cents a share. The research note, issued Aug. 14 by analyst B. Sorensen, offers a modest but notable vote of confidence in the Nasdaq-listed company.
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William Blair has lowered its third-quarter 2025 earnings forecast for Jasper Therapeutics to a loss of $0.75 per share, according to an analyst note issued on August 14. The deeper-than-expected projection, reported by Defenseworld.net, signals mounting challenges for the California-based biotech firm.
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