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Latest financial and economic news and analysis

Seeking Alpha News Agency
9 hours ago•Seeking Alpha
Stocks Medium Importance Neutral
Bank of South Carolina: Recent Earnings Surge Has Been Noticed By The Market

Bank of South Carolina: Recent Earnings Surge Has Been Noticed By The Market

Bank of South Carolina is a microcap, Charleston-focused bank with strong Q2 2026 results and a 5.25% dividend yield. Q2 earnings marked record highs, driven by a 4.71% net interest margin, low deposit costs, and robust profitability metrics. BKSC's tangible book value per share rose 9.2% year-over-year; asset quality remains strong despite an uptick in past-due loans.

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GlobeNewsWire News Agency
9 hours ago•GlobeNewsWire
Stocks Medium Importance Neutral
Court Grants Final Order Approving Acquisition of Kneat by Thoma Bravo

Court Grants Final Order Approving Acquisition of Kneat by Thoma Bravo

LIMERICK, Ireland, Aug. 06, 2026 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX: KSI) (OTCQX: KSIOF), (“Kneat” or the “Company”), the global leader in digital validation and quality process automation, today announced that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced plan of arrangement (the “Proposed Transaction”) whereby an affiliate of Thoma Bravo, L.P.

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Seeking Alpha News Agency
9 hours ago•Seeking Alpha
Stocks Medium Importance Neutral
Talen Energy: The PPL Basis Discount Is The Dark Horse For FCF Growth

Talen Energy: The PPL Basis Discount Is The Dark Horse For FCF Growth

Talen Energy Corporation is rated Buy with a $575/share 2028 price target, driven by strong capacity auction results and robust FCF projections. TLN benefits from multi-year visibility into rising contracted revenues, with capacity prices at PJM's cap and 20% further upside expected in 2H-2026. Transmission upgrades and in-zone demand growth could narrow the $20/MW-hr PPL basis, potentially boosting FCF yield to 17% or higher by 2028.

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PRNewsWire News Agency
9 hours ago•PRNewsWire
Stocks Medium Importance Neutral
SMAR Investors Have Opportunity to Lead Smartsheet Inc. Securities Fraud Lawsuit

SMAR Investors Have Opportunity to Lead Smartsheet Inc. Securities Fraud Lawsuit

NEW YORK, Aug. 6, 2026 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of sellers of Smartsheet Inc. (NYSE: SMAR) common stock between June 1, 2024 and September 23, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed.

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Seeking Alpha News Agency
9 hours ago•Seeking Alpha
Stocks Medium Importance Neutral
Power Solutions International: Upgrading On Vastly Improved Results And Bargain Valuation - Strong Buy

Power Solutions International: Upgrading On Vastly Improved Results And Bargain Valuation - Strong Buy

Power Solutions International reported much better-than-expected second quarter results with strong profitability and stellar cash generation. While the company continues to be impacted by data center project delays and weakness in legacy markets, management reiterated expectations for strong improvement in the second half. Following a multi-month selloff, shares are trading at bargain levels. Even when assigning a rather undemanding valuation of 12x estimated 2027 EV/Adjusted EBITDA, upside would be well north of 100%.

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PSIX PSIX
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Seeking Alpha News Agency
9 hours ago•Seeking Alpha
Stocks Medium Importance Neutral
Airbnb Q2: The Travel Slowdown Isn't Slowing It Down

Airbnb Q2: The Travel Slowdown Isn't Slowing It Down

Airbnb, Inc. delivered a standout Q2, outperforming peers with 17% revenue growth and robust regional momentum, especially in Latin America and Asia Pacific. ABNB's execution benefited from macro trends favoring budget-friendly, local travel, strategic payment options, and AI-powered pricing enhancements. Guidance for Q3 revenue growth of 15–17% and mid-teens GBV growth signals management's confidence in sustaining strong momentum.

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