The SEC sued Institutional Shareholder Services to enforce a subpoena. The action comes as the Trump administration increases scrutiny of influential proxy advisers.
Vistra Corp CEO James A. Burke bought 2,000 shares of VST for $270,000, or $135 per share, on August 24. The article suggests the stock can now be bought below that price.
Hawthorn Bancshares director Shawna M. Hettinger bought 1,300 shares of HWBK for $49,999.90 on August 27. The article suggests the stock can now be purchased even cheaper than the director's cost per share.
Large batteries in Western Australia have been charging in ways that pushed market prices higher, prompting regulatory scrutiny. The regulator is preparing to intervene despite batteries being viewed as a tool to ease price pain.
U.S. stocks moved notably lower as crude oil spiked following new U.S. attacks against Iran. The tech-heavy Nasdaq led the decline among major averages.
Shares of Invesco Van Kampen Trust for Investment Grade Municipals crossed below their 200-day moving average of $10.30, trading as low as $10.12. The move marks a notable technical development for the fund.
Federal Signal Corp. shares crossed below their 200-day moving average of $115.12, trading as low as $113.57. The stock was down about 2.6% on the day.
OpenAI said an upcoming model is so capable that it requires stronger guardrails. The company indicated additional safeguards will be needed before broader access.