latest news in companies
Investors Face Urgent Deadlines as Law Firm Targets Corporate Misconduct
New York, Saturday, 1 August 2026.
The Rosen Law Firm has launched securities class actions against major companies, alleging hidden inventory gluts and misleading disclosures that caused severe financial losses for shareholders.
Mallplaza Expands Regional Footprint with Major Purchase of Colombian Shopping Centers
Bogota, Saturday, 1 August 2026.
Mallplaza has agreed to buy eight Colombian shopping centers for $376 million. The expansion significantly grows its regional footprint, acquiring assets that drew 57 million annual visitors.
Over 120,000 Popular Refrigerators Recalled Following Fatal Fires
Washington, Friday, 31 July 2026.
Federal safety regulators recalled over 121,000 Galanz retro refrigerators sold at Amazon and Home Depot after electrical shorts caused 34 fires and one fatality. Consumers should unplug units immediately.
Nasdaq Confirms OSR Health Stock Loyalty Program Will Not Cause Automatic Price Reductions
New York, Friday, 31 July 2026.
Nasdaq confirmed OSR Health’s loyalty program will not trigger automatic price drops, offering clarity to investors whose share positions could potentially expand up to sixfold as milestones are met.
AZIO AI Partners With AT&T to Power Massive Texas Data Campus
Dallas, Friday, 31 July 2026.
AZIO AI has secured a $2.4 million agreement with AT&T for high-speed fiber connectivity at its 500-megawatt Texas campus, establishing essential digital infrastructure for large-scale artificial intelligence operations.
IES Holdings Reports 98% Profit Jump and Approves Stock Split
Houston, Friday, 31 July 2026.
On July 31, 2026, IES Holdings reported strong financial results for its fiscal third quarter, driven by expanding demand across its infrastructure and technology operations. Revenue rose 40% year-over-year to $1.24 billion, while net income nearly doubled, surging 98% to $153 million. The company’s growth strategy, including strategic acquisitions that added roughly 93,000 square meters of production space over the past year, expanded operational capacity and margin performance. Crucially, IES Holdings repaid its borrowings during the quarter, ending June with zero debt, $77.3 million in cash, and a record backlog of $4.5 billion—a 91% increase since late 2025. To enhance share liquidity and accessibility for investors, the board approved a two-for-one stock split scheduled for distribution in August 2026. These figures demonstrate how disciplined capital allocation can generate significant operational efficiency during volatile market conditions.