Jaguar Land Rover plans to cut thousands of jobs as part of a £1.7 billion ($2.3 billion) cost-saving overhaul. The luxury carmaker faces pressure from Chinese competition, a cyberattack, and U.S. tariffs.
Insider buying reports highlight recent purchases by executives at Claritev and IPG Photonics. Insider buying is often seen as a positive signal, as insiders typically buy only when they expect gains.
OpenAI has completed a $7 billion share sale as it considers a potential $1 trillion IPO valuation. This valuation would be roughly 44 times its $22.8 billion annualized revenue, a steep multiple for a company that is not yet profitable.
The Swiss stock market ended 0.8% lower on Monday, pressured by U.S.-Iran attacks that surged oil prices and raised inflation and growth concerns. The decline was steady after a flat start.
Edison International's stock crashed after California decided not to forbid insurers from filing subrogation lawsuits against electric utilities that cause wildfires. This increases the company's potential liability exposure.
Rocket Companies has appointed Alessio Sanfilippo as CEO of Redfin, effective immediately. The leadership change is part of Rocket's ongoing integration of Redfin.
Take-Two Interactive's stock is declining amid broader bearish pressures in the stock market. The decline appears to be part of a wider market selloff rather than company-specific news.
Great-West Lifeco's Non-Cumulative First Preferred Shares, Series M will trade ex-dividend on 9/1/26, with a quarterly dividend of $0.3625 per share. The dividend yield is approximately 5.6% based on the recent share price.
Chimera Investment's 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock will trade ex-dividend on 9/1/26, with a quarterly dividend of $0.5984 per share. The dividend yield is approximately 9.7% based on the recent share price.
Great-West Lifeco's Series P preferred shares will trade ex-dividend on September 1, 2026, with a quarterly dividend of $0.3375 per share, payable on September 29, 2026. The dividend yield is approximately 5.4% based on the recent share price of $24.86.
Great-West Lifeco's Series R preferred shares will trade ex-dividend on September 1, 2026, with a quarterly dividend of $0.30 per share, payable on September 29, 2026. The dividend yield is approximately 5.5% based on the recent share price of $22.00.