RAND
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Rand Capital Corp
$10.20
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RAND News30 articles
Newell Brands Shares Surge on Record Volume Ahead of Russell Index Reshuffle
Newell Brands (NASDAQ:NWL) closed Friday at $5.82 after 81.3 million shares traded, about 19% of its share count. The stock is up 18.3% since June 18, but the rally's sustainability is in question as Russell index reconstitution effects subside.
Newell Brands Volume Surges 10x on Russell Rebalance Day
Newell Brands (NWL) trading volume hit 81.3 million shares on June 26, 2026, amid FTSE Russell index rebalancing, as shares fell 1.2% to $5.82.
Yum Brands Sells Pizza Hut in $2.7B Deal to Streamline Portfolio
Yum Brands is selling Pizza Hut in a $2.7 billion split deal to LongRange Capital and Yum China, as U.S. same-store sales decline for the tenth consecutive quarter.
Creator Ad Spending to Hit $44 Billion in 2026 as Brands Seek Performance-Based Deals
U.S. creator ad spending is set to hit $44 billion in 2026 as brands shift to longer, performance-based partnerships. However, 79% of marketers struggle with ROI measurement.
Brands Ramp Up Creator Spending, Yet ROI Remains Elusive
83% of major brands boosted social and creator marketing budgets in two years, but 65% still can't prove returns, pressuring agencies as brands shift to specialists.
Yum Brands Divests Pizza Hut in $2.7B Deal
Yum Brands sells Pizza Hut for $2.7 billion in two deals, expects $2.3 billion in net proceeds, and authorizes $4 billion in stock buybacks.
Substack Expands into Brand Sponsorships, Hires Ex-Roku Executive
Substack hires Dan Robbins as first head of brand sponsorships, with Uber, T-Mobile, Balenciaga, and Yahoo Scout investing millions in creator deals, marking a shift from subscription-only revenue.
Creator-Led Brands Face Demand Miscalculation Risks as Markle's As Ever Struggles
Meghan Markle's As Ever brand risks $5M in unsold jam inventory, highlighting demand miscalculation in creator-led commerce. New data shows influencer marketing shifting to performance-driven campaigns in Indonesia.
Xcel Brands Surges on Coco Rocha-Baggallini Deal; Thin Float Fuels Volatility
Xcel Brands shares surged 10.5% to $2.10 on record volume after announcing an exclusive Baggallini-Coco Rocha handbag deal. The stock's tiny float of under 4 million shares amplified the move, despite ongoing financial challenges.
Dine Brands Shutters Calexico Applebee's After 20-Year Run
Applebee's shuts its Calexico restaurant after two decades, putting 30 jobs at risk, as Dine Brands pivots to dual-branded Applebee's-IHOP locations amid inflation pressures.
Digital Brands Group Soars 73% on $125M GCC Order Update, Dilution Risk Looms
DBGI stock jumped 73% to $0.84 after revealing initial orders from its GCC deal and a $125M U.S. program. After-hours trading pushed shares to $1.17.
Hoth Therapeutics Rebrands as Rocket One, Shares Surge on AI Chip Pivot
Hoth Therapeutics rebranded as Rocket One Inc., starting trading under RKTO on Thursday. Shares surged 47% pre-market after the pivot to AI chip tech for space.
Hoth Therapeutics Soars on Pivot to Space-AI with Rocket One Rebrand
Hoth Therapeutics shares jumped 71% to $1.21 after the company rebranded as Rocket One Inc., shifting focus from biotech to space, defense, and nanomagnetic AI chips.
Ferrari's EV Debut Spurs Share Decline as Market Weighs Brand Transition
Ferrari shares dropped 6% following the reveal of its first electric car, the Luce, a €550,000 model. The decline highlights investor caution about the brand's luxury EV strategy.
Stellantis Unveils $70B Strategy to Revitalize Jeep, Ram, and European Brands
Stellantis launched a €60 billion five-year plan to boost profits, focusing on key brands like Jeep and Ram, with a goal of 25% revenue growth in North America.
WHP Global Acquires Marc Jacobs from LVMH, G-III to Co-Own Brand
LVMH sells Marc Jacobs to WHP Global after 30 years; G-III Apparel Group co-owns and operates the brand. Marc Jacobs stays as creative director. Deal valued at ~$500 million.
Old National Bank and Indiana Fever Launch Co-Branded Cards for WNBA Season
Old National Bank and the Indiana Fever launched co-branded debit and credit cards and checks as the WNBA season began, expanding their partnership with small-business promotions.
Beyond Meat Plunges 14% on Weak Q2 Forecast Amid Plant-Protein Rebrand
Beyond Meat shares tumbled 14% after the company projected Q2 revenue of $60-$65 million, below analyst expectations, as Q1 sales continued to decline.
Spirit Airlines Grounds All Flights Amid Funding Crisis, Stranding Over 800,000 Passengers
Spirit Airlines shuts down immediately after failing to secure funding, canceling all flights and affecting over 800,000 booked passengers. Competitors step in with discounted fares.
Newell Brands Shares Surge on Upgraded 2026 Forecast Amid Sales Challenges
Newell Brands shares rose about 9% after the company boosted its 2026 sales and earnings outlook, citing stronger-than-expected demand and margins, though core sales still declined 3.5%.
Teva Surges 11% as Branded Drugs Drive Q1 Beat, Emalex Deal Adds Tourette Candidate
Teva beat Q1 estimates with adjusted EPS of $0.53 on $3.98B revenue, as branded drug sales surged 41%. Shares rose 11% on the news.
JSE Edges Lower as Rand Weakens Ahead of Fed Rate Decision
South African stocks slipped Wednesday, with the JSE All Share down 0.28% and the rand weakening to 16.5550/USD as investors trimmed risk ahead of the Fed's rate decision.
Aterian Surges 89% on $18M Brand Sale and CEO-Designate Investment
Aterian Inc. shares surged 89% after the company agreed to sell its e-commerce brands for $18 million and secured a $7 million investment from David Lazar, who will become CEO.
Stellantis Narrows Focus to Four Core Brands as Turnaround Strategy Takes Shape
Stellantis is set to concentrate future investment on Jeep, Ram, Peugeot, and Fiat, while other brands like Chrysler shift to regional roles, according to sources ahead of a May 21 strategy announcement.
Conagra Brands Faces Dividend Risk as Shares Hit New Lows
Conagra Brands' stock fell to $14.17, near a 52-week low, as BofA warns its dividend is at risk. The company faces inflation, tariffs, and a leadership change.
Hims Expands Branded GLP-1 Access with Lilly's Zepbound and Foundayo
Hims & Hers Health now offers Eli Lilly's Zepbound and Foundayo via LillyDirect, broadening its branded GLP-1 lineup amid a competitive cash-pay market.
Imperial Brands Presses Buyback Amid Market Share Concerns
Imperial Brands purchased 190,000 shares on April 21 as part of its £1.45 billion buyback program, while its stock declined 2.29% to £27.34 following recent market share warnings. The company maintained its full-year outlook but anticipates most profit growth will occur in the second half.
AT&T and Citi Enhance Co-Branded Card with New Perks, Targets Verizon Rivalry
AT&T and Citigroup have refreshed the AT&T Points Plus World Mastercard, introducing enhanced rewards on AT&T purchases, eliminating foreign transaction fees, and maintaining up to $240 in annual statement credits. The update is available to both new and existing cardholders.
Buc-ee's Texas Store to Rebrand as 7-Eleven in Strategic Shift
Buc-ee's is set to close its Port Lavaca, Texas store, with plans to reopen the site as a 7-Eleven featuring a Laredo Taco Company restaurant. This represents an unusual strategic shift for the travel center brand.
Allbirds to Rebrand as NewBird AI After $50M Funding, Exiting Footwear
Allbirds will transform into NewBird AI, securing up to $50 million in funding to launch a GPU rental business after selling its shoe brand assets. Shares jumped over 300% on the news.