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Oak Woods Acquisition Corp (NASDAQ: OAKU) Extends Business Combination Deadline

The decision was ratified by shareholders, with a voting pool of 3,083,606 ordinary shares. This extension reflects a broader trend in the SPAC market where companies seek more flexibility amid changing market conditions.

Vinay Lochav | 15 July 2026

Goldman Sachs and JPMorgan Report Record Revenue as AI Fuels Trading Surge

Wall Street witnessed a significant earnings uplift as two of its largest banks posted record revenue, largely attributed to artificial‑intelligence‑enabled trading and investment‑banking services. The surge in AI‑related activity lifted the equities of both institutions and signaled a broader shift in financial‑services profitability.

Vinay Lochav | 15 July 2026

India Inflation Hits 4.38%, Above RBI Target Amid US-Iran Tensions

India's inflation rate has surpassed the Reserve Bank of India's target, sparking concerns about the economy's growth prospects. The country's consumer prices rose 4.38% in June, driven by higher food and fuel costs. This development has significant implications for monetary policy and the overall …

Vinay Lochav | 15 July 2026

First Busey (NASDAQ: BUSE) Extends CEO Van Dukeman Through 2029 With Retention Award

First Busey Corporation (NASDAQ: BUSE) has extended the contract of its chief executive officer through mid-2029, signaling the board’s ongoing confidence in the bank’s leadership. The extension, finalized in a July 13 agreement, comes as the financial sector navigates shifting economic conditions and regulatory …

Vinay Lochav | 15 July 2026

F&M Bank Corp (OTC: FMBM) OTC: FMBM Reports Gain from Securities Sale

F&M Bank Corp (OTC: FMBM) has disclosed a notable development that aligns with its strategy to sharpen financial performance.

Vinay Lochav | 15 July 2026

Federal judge rules Trump's $10 billion IRS suit improper

A U.S. District Court issued a decision on Monday that voided a $10 billion lawsuit filed by President Trump that alleged improper disclosure of his tax information by the IRS. The judgment removes a prominent legal contention that had been contributing to heightened political‑risk …

Vinay Lochav | 15 July 2026

Fidelity Private Credit Co LLC Reduces Tranche A Commitment, Lowers Funding Cap to $500M

Fidelity Private Credit Co LLC reported a material amendment that revises its existing loan and security agreement. The updated terms now set the total principal limit for Tranche A financing at $500,000,000, a move that could affect liquidity provision across the private‑credit environment.

Vinay Lochav | 15 July 2026

Figure Tech Raises $600 Million in 8.5% Senior Notes Due 2031

Figure Technology Solutions closed a $600 million senior notes issuance on July 14, 2026. The offering targets qualified institutional buyers under Rule 144A, reflecting strong demand for high-yield corporate debt in the fintech sector.

Vinay Lochav | 15 July 2026

Consumer Portfolio Services (NASDAQ: CPSS) Boosts Warehouse Credit Facility to $508M

Consumer Portfolio Services (NASDAQ: CPSS) has amended and renewed its warehouse credit facility, significantly increasing its borrowing capacity. The move reflects the company’s ongoing strategy to support its auto loan financing operations. The agreement, first put in place in 2012, has been a cornerstone …

Vinay Lochav | 15 July 2026

Davey Tree Expert Co Extends Receivables Financing, Sets New Leverage Cap and LC Fee

Davey Tree Expert Co disclosed a material amendment to its Receivables Financing Agreement on July 10, 2026. The change, filed with the U.S. Securities and Exchange Commission, retools key pricing and covenant terms for the company’s accounts receivable securitization program.

Vinay Lochav | 15 July 2026
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