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Day: August 6, 2025

Costco Wholesale Corporation Reports July Sales Results

ISSAQUAH, Wash., Aug. 06, 2025 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $20.89 billion for the retail month of July, the four weeks ended August 3, 2025, an increase of 8.5 percent from $19.26 billion last year. Net sales for the first 48 weeks were $248.35 billion, an increase of 8.1 percent from $229.81 billion last year. Comparable sales were as follows:  4 Weeks   48 WeeksU.S. 5.5%   6.2%Canada 7.6%   4.9%Other International 9.5%   4.6%       Total Company 6.4%   5.8%E-commerce 15.1%   15.3% Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:  4 Weeks   48 WeeksU.S. 6.5%   7.3%Canada 9.1%   8.2%Other International 7.5%   8.5%       Total Company 7.0%   7.6%E-commerce 14.9%   15.9% Additional...

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Certara Reports Second Quarter 2025 Financial Results 

Reiterates Full Year 2025 Financial Guidance RADNOR, Pa., Aug. 06, 2025 (GLOBE NEWSWIRE) — Certara, Inc. (Nasdaq: CERT), a global leader in model-informed drug development, today reported its financial results for the second quarter of fiscal year 2025. Second Quarter Highlights:Revenue was $104.6 million, compared to $93.3 million in the second quarter of 2024, representing growth of 12%.Software revenue was $46.7 million, compared to $38.2 million in the second quarter of 2024, representing growth of 22%. Service revenue was $57.9 million, compared to $55.1 million in the second quarter of 2024, representing growth of 5%.Net loss was $2.0 million, compared to a net loss of $12.6 million in the second quarter of 2024, representing growth of 84%. Adjusted EBITDA was $31.9 million, compared to $26.3 million in the second...

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Global Net Lease Reports Second Quarter 2025 Results

–   Closed Final Phases of Multi-Tenant Portfolio Sale Completing Transformation into Pure-Play Net Lease REIT–   Reduced Net Debt by $748 Million, and Improved Net Debt to Adjusted EBITDA to 6.6x–   Completed $1.8 Billion Refinancing of Revolving Credit Facility, Lowering Cost of Capital by 35 Basis Points and Extending Weighted Average Debt Maturity to 3.7 Years–   Raises Low End of 2025 AFFO Guidance; New Range of $0.92 to $0.96 Per Share NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) — Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”), an internally managed real estate investment trust that focuses on acquiring and managing a globally diversified portfolio of strategically located commercial real estate properties, announced today its financial and operating results for the quarter ended June 30,...

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Plymouth Industrial REIT Reports Second Quarter Results

BOSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) — Plymouth Industrial REIT, Inc. (NYSE: PLYM) (“Plymouth” or the “Company”) today announced its financial results for the second quarter ended June 30, 2025 and other recent developments. Second Quarter and Subsequent HighlightsReported results for the second quarter of 2025 reflect net loss attributable to common stockholders of ($0.14) per weighted average common share; Core Funds from Operations attributable to common stockholders and unit holders (“Core FFO”) of $0.46 per weighted average common share and units; and Adjusted FFO (“AFFO”) of $0.44 per weighted average common share and units. Same store net operating income (“SS NOI”) increased 6.7% on a GAAP basis excluding early termination income for the second quarter compared with the same period in 2024; SS NOI increased 4.1% on...

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DraftKings Reports Second Quarter Revenue Growth of 37% to $1,513 Million

Sets Company Records for Revenue, Net Income, and Adjusted EBITDA Maintains 2025 Revenue and Adjusted EBITDA Guidance Ranges BOSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its second quarter 2025 financial results. The Company also posted a second quarter 2025 business update and a slide presentation on the Investor Relations section of its website at investors.draftkings.com. Second Quarter 2025 HighlightsFor the three months ended June 30, 2025, DraftKings reported revenue of $1,513 million, an increase of $408 million, or 37%, compared to $1,104 million during the same period in 2024. The increase in the Company’s second quarter 2025 revenue was driven primarily by continued healthy customer engagement, efficient acquisition of new customers, higher structural...

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CrossAmerica Partners LP Reports Second Quarter 2025 Results

Allentown, PA, Aug. 06, 2025 (GLOBE NEWSWIRE) — CrossAmerica Partners LP Reports Second Quarter 2025 ResultsReported Second Quarter of 2025 Net Income of $25.2 million, Adjusted EBITDA of $37.1 million and Distributable Cash Flow of $22.4 million compared to Net Income of $12.4 million, Adjusted EBITDA of $42.6 million and Distributable Cash Flow of $26.1 million for the Second Quarter of 2024 Reported Second Quarter of 2025 Gross Profit for the Retail Segment of $76.1 million compared to $76.6 million of Gross Profit for the Second Quarter of 2024 and Second Quarter of 2025 Gross Profit for the Wholesale Segment of $24.9 million compared to $28.1 million of Gross Profit for the Second Quarter of 2024 Leverage, as defined in the CAPL Credit Facility, was 3.65 times as of June 30, 2025, compared to 4.36 times as of December 31,...

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Berkshire Hills Bancorp and Brookline Bancorp to be Combined as Beacon Financial Corporation and Beacon Bank Upon the Closing of their Merger of Equals

BOSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) — Berkshire Hills Bancorp, Inc. (“Berkshire”) (NYSE: BHLB), the parent company of Berkshire Bank, and Brookline Bancorp, Inc. (“Brookline”) (NASDAQ: BRKL), the parent company of Brookline Bank, Bank Rhode Island, and PCSB Bank, today announced that the combined holding company that will be created through their transformative merger of equals will be named Beacon Financial Corporation and remain listed on the New York Stock Exchange under a new ticker symbol BBT. While the legal name of the combined bank will be Beacon Bank & Trust, it will be more commonly referred to as Beacon Bank. The merger is expected to be completed in the third quarter of 2025, subject to regulatory approvals and normal closing conditions. Beacon Bank Logo The name Beacon Bank was carefully chosen to reflect...

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Duolingo Doubles Down on Delight with Acquisition of Music Gaming Startup NextBeat’s Innovative Team

London-based team brings deep expertise in music games, licensing, and interactive design PITTSBURGH, Aug. 06, 2025 (GLOBE NEWSWIRE) — Duolingo, Inc. (Nasdaq: DUOL), the world’s leading mobile learning platform, announced today it has acquired the team behind NextBeat, a London-based music gaming startup known for blending world-class music licensing with engaging mobile gameplay. With this move, Duolingo is investing in making its Music course as fun and joyful as the best mobile games in the market. “Learning should be just as engaging as playing a great game, whether you’re practicing a new language or playing a favorite song,” said Bob Meese, Chief Business Officer at Duolingo. “This is a strategic bet on talent. The NextBeat team brings deep mobile gaming and music industry expertise, which will make our Music course and the...

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Tevogen Sees Significant Institutional Ownership Growth; 73% of Holders Increase Positions

WARREN, N.J., Aug. 06, 2025 (GLOBE NEWSWIRE) — Tevogen (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN), today announced an update on institutional ownership of the Company’s outstanding common stock, as reported by institutional investment managers on Form 13F filed with the Securities and Exchange Commission (SEC). As reported on March 31, 2025, institutional ownership of Tevogen common stock increased by 60% compared to the reported amount on December 31, 2024. The largest contributors to this growth were Vanguard and BlackRock, which together increased their holdings by 151%. Among the 51 institutional investment managers holding Tevogen stock as reported on March 31, 2025, 73% increased or maintained their positions. Notably, only one of the current institutional holders also held Tevogen stock during the same period...

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Fredonia Mining Inc. Grants Stock Options

TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) — Fredonia Mining Inc. (“Fredonia” or the “Company”) (TSXV: FRED) has granted a total of 985,000 stock options (the “Options”) of the Company to purchase a total of 985,000 common shares at a price of $0.40 per common share. 830,000 of the Options were granted to directors and officers as identified in the table below.Name Options GrantedAli Mahdavi 210,000Estanislao Auriemma 200,000Ricardo Auriemma 110,000Michael Doolan 110,000Waldo Perez 110,000Carlos Espinosa 90,000Each Option is exercisable for a period of five years and has been granted in accordance with the terms of the Company’s current stock option plan. The Options and the underlying common shares are subject to a four month hold period. About Fredonia Fredonia holds gold and silver license areas totaling...

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