Filings Radar

SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.

Showing material events only. Routine administrative filings — bylaw amendments, technical fund updates, procedural FD disclosures — are filtered out so the front page stays signal-dense.

BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (BBVXF)

6-K Periodic Interim confidence 95% filed 2026-07-30

This is BBVA's interim financial report for the first half of 2026 (January–June), furnished as the body of a Form 6-K. The document presents consolidated financial statements, balance sheet data, income statement details, and business-area results for the six-month period, consistent with a periodic interim/half-year report rather than a discrete event or earnings press release. The filing is material to investors as it discloses the registrant's financial performance and position for the period.

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CRESCENT BIOPHARMA, INC. (CBIO)

8-K Earnings release confidence 95% filed 2026-07-30 Item 2.02

The filing discloses Crescent Biopharma's financial results for the quarter ended June 30, 2026, via a press release furnished as Exhibit 99.1. The Item 2.02 disclosure includes condensed consolidated statements of operations and balance sheet data showing Q2 2026 results (net loss of $24.8 million, R&D expenses of $19.4 million) compared to prior periods, along with cash position and share count information. This is a standard quarterly earnings release material to investors assessing the company's financial condition and cash runway.

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APi Group Corp (APG)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

APi Group issued a press release on July 30, 2026 announcing financial results for the fiscal quarter ended June 30, 2026, disclosing record second quarter net revenues of $2.3 billion (13.3% YoY growth), record net income of $99 million (28.6% YoY growth), and record adjusted EBITDA of $311 million (14.3% YoY growth), along with raised full-year 2026 guidance. This is a standard quarterly earnings release furnished under Item 2.02.

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Sphere Entertainment Co. (SPHR)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

This is a clear earnings release disclosing Sphere Entertainment's second quarter 2026 financial results. The Item 2.02 filing announces revenues of $313.6 million (up 11% YoY), operating loss of $61.3 million, and adjusted operating income of $50.9 million, with detailed segment breakdowns for Sphere and MSG Networks. The press release is attached as Exhibit 99.1 and includes forward-looking statements about expansion plans and operational highlights. This is a material disclosure affecting investor assessment of the company's financial performance and operational trajectory.

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Uniti Group Inc. (UNIT)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

This is a clear earnings release disclosing Uniti Group Inc.'s financial results for the second quarter ended June 30, 2026. The Item 2.02 disclosure explicitly states that "Uniti Group Inc. (the 'Company') issued a press release announcing the Company's results for its fiscal quarter ended June 30, 2026," with the press release attached as Exhibit 99.1. The release includes consolidated revenues of $909.7 million, net loss of $155.9 million, Adjusted EBITDA of $357.1 million, and updated full-year 2026 guidance—all material financial metrics that would affect a reasonable investor's assessment of the company.

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BGC Group, Inc. (BGC)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

BGC Group issued a press release on July 30, 2026 announcing its financial results for the quarter ended June 30, 2026, disclosing consolidated revenues of $845.5 million (up 7.8% YoY), GAAP net income of $69.6 million, and adjusted earnings metrics. The filing explicitly states this is Item 2.02 disclosure with the press release attached as Exhibit 99.1, which is the standard format for quarterly earnings releases. The disclosure includes detailed revenue breakdowns by business segment, expense analysis, and forward guidance for Q3 2026.

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Vericel Corp (VCEL)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

Vericel issued a press release on July 30, 2026 announcing financial results for Q2 2026 (quarter ended June 30, 2026), disclosing total revenue of $77.5 million (22% growth), net income of $2.2 million, and raising full-year 2026 revenue guidance to $330–$340 million. The filing explicitly states "Vericel Corporation issued a press release announcing its financial results for the fiscal quarter ended June 30, 2026" and Item 2.02 is the standard Item for earnings releases. The press release includes detailed financial statements, segment performance, and forward guidance, all hallmarks of a quarterly earnings disclosure.

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First Carolina Financial Services, Inc.

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

First Carolina Financial Services issued a press release on July 30, 2026 announcing its financial results for the second quarter ended June 30, 2026, disclosing net income of $5.1 million ($0.20 per diluted share), an 11.0% increase year-over-year. The filing explicitly states in Item 2.02 that "the Company issued a press release announcing its financial results" and furnishes the Earnings Release as Exhibit 99.1. This is a standard quarterly earnings disclosure material to investors assessing the registrant's financial performance.

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VALERO ENERGY CORP/TX (VLO)

8-K Earnings release confidence 99% filed 2026-07-30 Item 2.02

This is a clear earnings release disclosing Valero Energy's second quarter 2026 financial results. The Item 2.02 filing explicitly states that "Valero Energy Corporation (the 'Company') issued a press release announcing the Company's financial and operating results for the second quarter ended June 30, 2026." The press release reports net income of $3.7 billion ($12.62 per share), segment operating results, cash flows, and capital investments. Earnings releases are material to investors as they provide essential financial performance data.

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Graham Holdings Co (GHC)

8-K Earnings release confidence 99% filed 2026-07-30 Item 2.02

The filing discloses a press release announcing Graham Holdings' earnings for the second quarter ended June 30, 2026, filed under Item 2.02 (Results of Operations and Financial Condition). This is a standard earnings release disclosure, which is material to investors as it provides quarterly financial results and performance metrics.

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Green Brick Partners, Inc. (GRBK-PA)

8-K Exec appointment confidence 95% filed 2026-07-30 Item 5.02

Jed Dolson, the Company's President and Chief Operating Officer, was promoted to Co-Chief Executive Officer effective October 15, 2026, representing a material elevation in responsibility and authority within the organization as part of the Board's long-term succession planning.

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SONIC AUTOMOTIVE INC (SAH)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

Sonic Automotive issued a press release on July 30, 2026 announcing second quarter 2026 financial results, including record consolidated revenues of $3.9 billion (up 8% YoY), all-time record quarterly gross profit of $616.2 million (up 2% YoY), and net income of $57.4 million (up 226% YoY), with detailed segment results and executive commentary.

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Dream Finders Homes, Inc. (DFH)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

Dream Finders Homes issued a press release on July 30, 2026 announcing its financial results for the second quarter ended June 30, 2026. The disclosure includes detailed quarterly financial statements (balance sheet, income statement, operating data), key metrics (net sales up 15% to 2,232 units, home closings of 2,290, net income of $28 million or $0.27 per share), and management commentary. This is a standard quarterly earnings release furnished under Item 2.02 and attached as Exhibit 99.1, which is the typical vehicle for earnings disclosures in 8-K filings.

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i-80 Gold Corp. (IAUX-WT)

8-K Operational Other confidence 75% filed 2026-07-30 Item 7.01

The disclosure is a project status update on the Lone Tree Plant refurbishment, a cornerstone asset in the Company's Phase 1 development plan. The update confirms the project remains on schedule and on budget with specific milestones (first gold pour by year-end 2027), procurement progress (50% awarded), and capital status ($430 million total estimate with minimal contingency drawdown). This is a material operational/strategic milestone for a mining company's development plan, but does not fit the specific categories of M&A, workforce reduction, or other named operational events—it is a project progress disclosure that would affect investor assessment of execution risk and capital deployment.

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PROVIDENT FINANCIAL SERVICES INC (PFS)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

Provident Financial Services issued a press release on July 29, 2026 reporting quarterly and six-month financial results for the period ended June 30, 2026, disclosing net income of $78.1 million ($0.60 per share) for Q2 2026 and $157.6 million ($1.21 per share) for the six-month period, along with detailed financial metrics and management commentary. The company also held a conference call on July 30, 2026 to discuss these results.

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PROVIDENT FINANCIAL SERVICES INC (PFS)

8-K Earnings release confidence 95% filed 2026-07-30 Item 7.01

The Item 7.01 disclosure explicitly states that Provident Financial Services is "furnishing presentation materials to be used in tandem with the Company's second quarter earnings release, which will be filed on July 30, 2026." The attached Exhibit 99.1 is a Q2 2026 Results Presentation containing detailed financial highlights, including core diluted EPS of $0.61, core ROAA of 1.27%, core ROATCE of 16.22%, and comprehensive operational metrics. This is a classic earnings release presentation accompanying quarterly financial results.

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Crestline Lending Solutions, LLC

8-K Debt Issuance confidence 85% filed 2026-07-30 Item 1.01

Crestline Lending Solutions entered into Amendment No. 1 to its Loan Financing and Servicing Agreement on July 29, 2026, increasing the Committed Facility Amount from $150 million to $350 million and adjusting the Uncommitted Facility Amount from $150 million to $50 million, materially expanding the company's credit facility and creating new direct financial obligations.

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Crestline Lending Solutions, LLC

8-K Dilutive issuance confidence 95% filed 2026-07-30 Item 3.02

The Company sold approximately 1,612,698 units of LLC interests for $31.7 million pursuant to subscription agreements and drawdown notices, with the issuance exempt from Securities Act registration under Section 4(a)(2) and Regulation D.

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Strategy Inc (STRD)

8-K Earnings release confidence 97% filed 2026-07-30 Item 2.02

Strategy Inc announced its second quarter 2026 financial results on July 30, 2026, disclosing a net loss of $8.22 billion ($24.45 per diluted share), operating loss of $8.33 billion, revenues of $122.4 million, and bitcoin holdings of 843,775 BTC.

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MONOLITHIC POWER SYSTEMS, INC. (MPWR)

8-K Earnings release confidence 99% filed 2026-07-30 Item 2.02

This is a clear earnings release for Q2 2026 (quarter ended June 30, 2026) issued on July 30, 2026. The filing discloses comprehensive financial results including revenue of $980.6M (up 47.6% YoY), GAAP net income of $257.3M, diluted EPS of $5.22, and detailed segment performance across all end markets. The press release is attached as Exhibit 99.1 and constitutes the primary disclosure under Item 2.02.

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MIDDLESEX WATER CO (MSEXP)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

This is a straightforward quarterly earnings release for Q2 2026 (quarter ended June 30, 2026). The filing discloses net income of $14.8 million and diluted EPS of $0.79 for the quarter, along with year-to-date results and a condensed consolidated statement of income. The press release is attached as Exhibit 99.1 and incorporated by reference under Item 2.02, which is the standard Item for results of operations and financial condition disclosures.

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Ginkgo Bioworks Holdings, Inc. (DNABW)

8-K Earnings release confidence 85% filed 2026-07-30 Item 7.01

The filing announces a presentation and Q&A session to review "business performance for the second quarter ended June 30, 2026" scheduled for August 5, 2026. This is a notice of an upcoming earnings presentation disclosing Q2 2026 results. Although the actual financial results are not yet disclosed in this 8-K, the announcement of the earnings presentation date and the commitment to review quarterly business performance constitutes an earnings-related disclosure material to investors.

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Ingram Micro Holding Corp (INGM)

8-K Earnings release confidence 95% filed 2026-07-30 Item 2.02

Ingram Micro issued a press release on July 30, 2026 announcing Q2 2026 financial results for the thirteen and twenty-six weeks ended June 27, 2026, with net sales of $14.5 billion (up 13.6% YoY), net income of $110.9 million (up 193.1% YoY), and diluted EPS of $0.48 (up 200% YoY), exceeding guidance, along with forward guidance for Q3 2026.

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CASTLE BIOSCIENCES INC (CSTL)

8-K Earnings release confidence 97% filed 2026-07-30 Item 2.02

Castle Biosciences issued a press release on July 30, 2026, announcing Q2 2026 financial results with revenue of $103.5 million and a net loss of $2.1 million, while raising full-year 2026 revenue guidance to $365–375 million from $345–355 million and signaling expectations of positive Adjusted EBITDA for the remainder of 2026.

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LPL Financial Holdings Inc. (LPLA)

8-K Earnings release confidence 99% filed 2026-07-30 Item 2.02

LPL Financial disclosed its Q2 2026 financial results via press release on July 30, 2026, reporting net income of $379 million and diluted EPS of $4.74, up 39% year-over-year. The filing explicitly states under Item 2.02 that the Company "issued a press release announcing its financial results for the three months ended June 30, 2026," with the full earnings release attached as Exhibit 99.1. This is a standard quarterly earnings disclosure material to investors.

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Bancorp, Inc. (TBBK)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

The Bancorp issued a press release on July 30, 2026 disclosing its Q2 2026 quarterly earnings, reporting net income of $60.7 million and diluted EPS of $1.45 (14.2% year-over-year growth), along with comprehensive financial metrics including ROA of 2.51%, ROE of 34.7%, and updated full-year 2026 EPS guidance of $5.95–$6.05.

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Contineum Therapeutics, Inc. (CTNM)

8-K Earnings release confidence 95% filed 2026-07-30 Item 2.02

The filing discloses Contineum Therapeutics' second-quarter 2026 financial results via a press release issued on July 30, 2026, including condensed statements of operations and balance sheets. The press release reports Q2 2026 net loss of $15.2 million, R&D expenses of $12.7 million, cash position of $236.6 million, and affirms key clinical development milestones for PIPE-791 and PIPE-307. This is a standard earnings release disclosure under Item 2.02.

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Floor & Decor Holdings, Inc. (FND)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

Floor & Decor Holdings issued a press release on July 30, 2026 announcing its financial results for the quarter ended June 25, 2026, disclosing net sales of $1,250.3 million (up 3.0% YoY), diluted EPS of $0.89 (up 53.4% YoY), and updated fiscal 2026 guidance. This is a standard quarterly earnings release attached as Exhibit 99.1, filed under Item 2.02 (Results of Operations and Financial Condition), and is material to investors assessing the company's financial performance and outlook.

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Roblox Corp (RBLX)

8-K Earnings release confidence 97% filed 2026-07-30 Item 2.02

Roblox issued a shareholder letter on July 30, 2026 announcing Q2 2026 financial results, including revenue of $1.5 billion (36% YoY growth), operating cash flow of $318 million (60% YoY growth), and free cash flow of $294 million (66% YoY growth), along with Q3 2026 guidance.

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Scorpio Tankers Inc. (STNG)

6-K Earnings release confidence 98% filed 2026-07-30 EX-99.1

This exhibit is a press release announcing Scorpio Tankers' financial results for Q2 2026 and the first half of 2026, disclosing net income of $387.5 million for Q2 and $603.8 million for H1 2026, along with earnings per share and adjusted net income metrics. The document also announces a quarterly cash dividend of $0.45 per share. This is a classic earnings release event material to investors assessing the company's financial performance.

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Ingersoll Rand Inc. (IR)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

Ingersoll Rand issued a press release on July 30, 2026 announcing financial results for the quarter ended June 30, 2026, disclosing reported revenues of $2,049 million (up 9%), net income of $257 million ($0.66 per share), adjusted EBITDA of $520 million, and updated full-year 2026 guidance. The filing is made under Item 2.02 (Results of Operations and Financial Condition) with the press release furnished as Exhibit 99.1, which is the standard format for quarterly earnings disclosures.

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Arthur J. Gallagher & Co. (AJG)

8-K Earnings release confidence 99% filed 2026-07-30 Item 2.02

Arthur J. Gallagher & Co. issued a press release on July 30, 2026 disclosing its financial results for the quarter ended June 30, 2026, including revenues, net earnings, EBITDAC, diluted earnings per share, and segment-level performance metrics for both the second quarter and six-month periods.

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ERIE INDEMNITY CO (ERIE)

8-K Earnings release confidence 99% filed 2026-07-30 Item 2.02

Erie Indemnity Company issued a press release on July 30, 2026 announcing financial results for the quarter and six months ended June 30, 2026, reporting net income of $180.3 million ($3.45 per diluted share) for Q2 2026 and $330.8 million ($6.32 per diluted share) for the first half of 2026.

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ERIE INDEMNITY CO (ERIE)

8-K Dividend Distribution confidence 95% filed 2026-07-30 Item 8.01

The Board approved on July 28, 2026 a quarterly dividend on Class A common stock at $1.4625 per share (Dividend Number 385), with an ex-dividend date of October 5, 2026 and payable date of October 20, 2026.

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ASURE SOFTWARE INC (ASUR)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

This is a clear earnings release for Q2 2026 ended June 30, 2026, disclosing quarterly financial results including revenue of $37.1 million (up 23% YoY), net loss of $4.4 million, and adjusted EBITDA of $7.7 million, along with full-year 2026 guidance. The press release is furnished as Exhibit 99.1 under Item 2.02 (Results of Operations and Financial Condition), which is the standard Item for earnings disclosures.

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Lumentum Holdings Inc. (LITE)

8-K Exec departure confidence 85% filed 2026-07-30 Item 5.02

Vincent Retort, Executive Vice President of Global Reliability & Quality, informed the Company of his planned retirement effective October 2026. While the disclosure also mentions a post-retirement consulting arrangement with continued equity vesting, the principal disclosed action is the departure of a named executive officer. The consulting arrangement is ancillary to the retirement event itself.

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CAMDEN PROPERTY TRUST (CPT)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

Camden Property Trust issued a press release on July 30, 2026 announcing consolidated financial results for the three and six months ended June 30, 2026, including detailed operating results, EPS, FFO, Core FFO, and Core AFFO metrics. The disclosure includes comprehensive financial tables, same-property operating statistics, development and acquisition activity, and updated 2026 earnings guidance. This is a standard quarterly earnings release filed under Item 2.02.

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QUAKER CHEMICAL CORP (KWR)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

This is a clear earnings release for Q2 2026 (ended June 30, 2026) filed on July 30, 2026. The Item 2.02 disclosure announces quarterly financial results including net sales of $532.6 million (10% Y/Y increase), net income of $26.8 million ($1.55 per diluted share), and adjusted EBITDA of $85.2 million (13% increase Y/Y). The press release is attached as Exhibit 99.1 and includes detailed segment results, cash flow highlights, and forward guidance. This is a material disclosure affecting investor assessment of the registrant's financial performance.

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CAVCO INDUSTRIES, INC. (CVCO)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

Cavco Industries disclosed financial results for its fiscal first quarter ended June 27, 2026, via a press release attached as Exhibit 99.1. The disclosure includes consolidated statements of income, balance sheets, and detailed quarterly highlights showing net revenue of $610 million (up 9.5% YoY), net income of $42.3 million, and diluted EPS of $5.43. This is a standard quarterly earnings release material to investors assessing the company's financial performance.

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PROVIDENT FINANCIAL SERVICES INC (PFS)

8-K Dividend Distribution confidence 98% filed 2026-07-30 Item 7.01

The Company's Board of Directors declared a quarterly cash dividend of $0.24 per common share payable on August 28, 2026. This is a routine but material dividend declaration that affects shareholders' assessment of capital allocation and the company's financial health and commitment to returning capital.

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Better Home & Finance Holding Co (BETRW)

8-K Operational Other confidence 85% filed 2026-07-30 Item 8.01

Better Home & Finance executed an amendment to its broker agreement with Intuit Credit Karma to expand the partnership and offer HELOC products to Credit Karma's 140 million consumer base under the "Credit Karma Home Loans powered by Better" brand. The company explicitly states it expects this offering to "contribute meaningfully to the Company's loan volume and revenue growth over the following several quarters," indicating a material strategic partnership expansion with significant revenue implications. This is a material operational/strategic business event involving a partnership expansion rather than a discrete financial transaction, M&A activity, or other named event type.

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WESTERN ALLIANCE BANCORPORATION (WAL-PA)

8-K Dividend Distribution confidence 98% filed 2026-07-30 Item 8.01

The Board declared quarterly cash dividends on both common stock ($0.42 per share) and preferred stock ($106.25 per share), with specified record and payment dates. This is a routine but material dividend distribution to shareholders, consistent with the company's regular capital allocation policy and investor expectations for a major regional bank.

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Rimini Street, Inc. (RMNI)

8-K Earnings release confidence 98% filed 2026-07-30 Item 2.02

Rimini Street issued a press release on July 30, 2026 announcing financial results for the second quarter ended June 30, 2026, including revenue of $111.1 million (up 6.7% YoY), adjusted revenue of $108.0 million (up 10.0% YoY), net income of $2.4 million, and EPS of $0.03, along with forward guidance for Q3 and full-year 2026.

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Lexaria Bioscience Corp. (LEXX)

8-K Delisting risk confidence 92% filed 2026-07-30 Item 3.03

Lexaria Bioscience effected a 1-for-15 reverse stock split to restore compliance with NASDAQ Capital Market's minimum $1.00 bid price requirement under Listing Rule 5550(a)(2), addressing delisting risk during its 180-day compliance period. The company anticipates requesting a NASDAQ hearing to appeal any delisting notification.

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Ferrari N.V. (RACE)

6-K Earnings release confidence 98% filed 2026-07-30 EX-99.1

This exhibit is Ferrari's Q2 2026 earnings announcement disclosing consolidated preliminary unaudited results for the second quarter and six months ended June 30, 2026. It presents net revenues of €1,938 million (up 8%), operating profit of €605 million (up 10%), net profit of €463 million, and diluted EPS of €2.62, along with an upward revision to full-year 2026 guidance. The document explicitly states "Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") today announces its consolidated preliminary unaudited results for the second quarter and six months ended June 30, 2026," confirming this is a quarterly earnings release.

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Lloyds Banking Group plc (LLOBF)

6-K Periodic Interim confidence 98% filed 2026-07-30

This is Lloyds Banking Group's half-year (interim) financial report for the period ended 30 June 2026, filed as a 6-K on 30 July 2026. The document contains condensed consolidated half-year financial statements (unaudited), including income statement, balance sheet, cash flow statement, and comprehensive notes. This is a periodic interim financial report, not a discrete event or earnings press release. The filing explicitly states "2026 HALF YEAR RESULTS" and includes full financial statements and management discussion, characteristic of a periodic interim report equivalent to a foreign issuer's 10-Q.

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Electrovaya Inc. (ELVA)

6-K Operational Other confidence 85% filed 2026-07-30 EX-99.1

This press release announces the launch of ElvaPulse™ 1500, a new high-power stationary battery energy storage system platform designed for data centers and mission-critical applications. The disclosure describes a material product launch with significant technical specifications (up to 7 MW continuous power, 2.88 MWh capacity), targeted Q2 2027 deliveries from the Jamestown facility, and active customer discussions. While not fitting the specific operational categories (no M&A, workforce reduction, or contract milestone), this represents a material strategic business event—the introduction of a new product platform addressing a major market opportunity (AI data center power demand projected to double by 2030)—that would affect a reasonable investor's assessment of the company's growth prospects and revenue potential.

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RENTOKIL INITIAL PLC /FI (RKLIF)

6-K Periodic Interim confidence 95% filed 2026-07-30

This is a half-year financial report for the six months ended 30 June 2026, containing interim financial statements, operational highlights, and management commentary. The document is explicitly titled "HALF-YEAR FINANCIAL REPORT" and presents consolidated financial results (revenue, EBITDA, operating profit, EPS, free cash flow) for the interim period. This is a periodic interim financial report, not a discrete event or earnings press release.

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Haleon plc (HLNCF)

6-K Periodic Interim confidence 95% filed 2026-07-30

This is Haleon's half-year results statement for the period ending 31 December 2026, filed on 30 July 2026. The document explicitly states "half year results statement" and references submission to the Financial Conduct Authority's National Storage Mechanism, which is the standard mechanism for periodic interim financial reports by UK-listed companies. While the exhibit also includes a dividend declaration (2.4 pence per share, up 9%), the primary disclosure is the periodic interim financial report itself, which should be classified as such rather than as a discrete dividend event.

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Lloyds Banking Group plc (LLOBF)

6-K Debt Issuance confidence 72% filed 2026-07-30

Lloyds Banking Group announces a "push-down election" effective 30 July 2026, reclassifying existing preference shares as Tier 2 Capital and activating a subordination mechanism that ranks Additional Tier 1 (AT1) perpetual subordinated contingent convertible securities (totaling approximately £3.25 billion and $3.25 billion across seven series) junior to the reclassified preference shares. While this is technically a restructuring of existing capital instruments rather than a new issuance, the material change in the ranking and regulatory treatment of approximately £5.5 billion in outstanding AT1 securities constitutes a significant modification of direct financial obligations that would affect investor assessment of the registrant's capital structure and creditor hierarchy.

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