financial_disclosure

Beijing – September 09, 2026 -- Cheche Group Inc. (NASDAQ: CCG) reported a 34.4% year-over-year decline in net revenues to RMB885.0 million (US$130.4 million) for the first half of 2026, as the Chinese auto insurance technology platform deliberately exits lower-margin business lines to focus on new energy vehicle (NEV) insurance and AI-driven services.

Net loss widens 72.3% despite margin gains

Net loss increased to RMB44.1 million (US$6.5 million) from RMB25.6 million in the prior-year period, driven largely by a RMB35.1 million (US$5.2 million) specific allowance for credit losses on long-aged, high-risk receivables. Adjusted net loss rose 257.7% to RMB37.7 million (US$5.6 million). Gross margin nonetheless expanded to 6.5% from 4.9%, as NEV premiums climbed to 31.0% of total written premiums from 22.5% a year earlier.

New Britain, Conn. – September 09, 2026 -- Stanley Black & Decker (NYSE: SWK) has agreed to sell its Excel Industries business, home to the Hustler professional-grade mower brand, to Bad Boy Mowers, in a deal covering a unit expected to generate approximately $300 million in FY 2026 revenue.

Deal narrows Stanley Black & Decker's portfolio to core outdoor brands

CEO Chris Nelson said the divestiture concentrates company resources on segments with the strongest growth potential, naming Cub Cadet, Dewalt, Craftsman, Troy-Bilt and Black+Decker as the brands set to receive continued investment. The company is prioritizing electric outdoor products and residential ride-on and zero-turn mowers as growth areas.

Leesburg, Va. – September 09, 2026 -- Resonant Clinical Solutions has acquired France-based Creapharm Bioservices from Myonex, expanding its cryogenic storage and biobanking capabilities across Europe to support increasingly complex cell and gene therapy trials.

Deal adds specialized cryogenic infrastructure in France

Creapharm Bioservices, headquartered in Bailly-Romainvilliers, France, provides biobanking and cryogenic storage services for biotherapeutics, advanced therapy medicinal products (ATMPs) and biological samples. Its capabilities include liquid nitrogen storage down to -196°C, mechanical freezing, cold storage, GMP-compliant sample storage and GDP-compliant custody for quality control. Financial terms of the transaction were not disclosed.

London – September 09, 2026 -- A&S Resources Limited has secured $6 billion in financing from the Export-Import Bank of India to build a 1,350km railway linking its Central African Republic mineral assets to the deep-water Port of Kribi in Cameroon, unlocking an iron ore deposit valued at approximately $2.5 trillion.

Railway financing clears path to 20 billion tonnes of high-grade iron ore

The CAR project sits atop what geologists describe as one of the largest magnetic anomalies globally, with resource potential exceeding 20 billion tonnes of predominantly high-grade iron ore. A&S Resources also holds critical minerals, rare earth elements and copper deposits across the region, positioning the project as a multi-commodity supply source beyond iron ore alone.

Lincoln, Neb. – September 08, 2026 -- Used heavy-duty construction equipment inventory on Sandhills Global's MachineryTrader.com fell 2.56% month-over-month and 10.45% year-over-year in August, with crawler dozers posting the steepest monthly decline at 3.78% and wheel loaders logging the largest annual drop at 11.94%, according to new Sandhills Equipment Value Index (EVI) data.

Construction equipment values edge higher despite falling inventory

Asking values for used heavy-duty construction equipment rose a slight 0.52% M/M but remained down 1.55% Y/Y, while auction values increased 0.31% M/M and fell 1.29% Y/Y. Sandhills noted dealers are reporting slower sales activity and more cautious buyers even as rental demand stays strong.

Cheyenne – September 08, 2026 -- White Knight Capital Corp. is in advanced negotiations with Saudi Arabia's Public Investment Fund (PIF) to restructure LIV Golf Enterprises through a debt-to-equity conversion and a planned reverse merger into a Nasdaq-listed entity, targeting a 2027 launch of "LIV Golf 2.0."

White Knight requests $100 million in fresh PIF equity alongside a $500 million bank-backed facility

Under the proposed terms, White Knight would take an assignment of PIF's existing rights, obligations, and claims tied to LIV Golf. The Wyoming-based firm has requested that PIF commit an additional $100 million in direct equity into the post-merger public company. Separately, White Knight has arranged a $500 million equity facility through a major Wall Street investment bank, contingent on completion of the merger and other closing conditions.

Downers Grove, Ill. – September 08, 2026 -- Tech occupation employment across all U.S. industry sectors rose by 86,000 workers in August, even as technology companies themselves cut roughly 14,700 positions, according to CompTIA's analysis of U.S. Bureau of Labor Statistics data.

AI-related job postings climb 4.5% month-over-month to surpass 320,000

Active job postings requiring AI-related capabilities exceeded 320,000 in August, up 4.5% from July, per CompTIA's analysis of Lightcast data. The trade group's own research on corporate AI adoption indicates employers are shifting from experimentation to embedding AI into daily operations, driving demand for workers who can manage AI-enabled workflows and support AI-driven initiatives.

Katy, Texas – September 08, 2026 -- Academy Sports and Outdoors, Inc. (Nasdaq: ASO) will pay a quarterly cash dividend of $0.15 per share of common stock on October 14, 2026, the retailer confirmed following a September 2, 2026 board decision.

Board approves payout tied to fiscal quarter ended August 1, 2026

The dividend applies to the fiscal quarter that closed August 1, 2026, and will go to stockholders of record as of the close of business on September 16, 2026.

Retailer operates more than 300 stores across 21 states

Academy Sports and Outdoors runs a full-line sporting goods and outdoor recreation chain founded in Texas in 1938, with a footprint spanning more than 300 stores in 21 states. The company sells outdoor gear, apparel, sports and recreation equipment, and footwear under national and private-label brands.

Shanghai – September 08, 2026 -- Mabwell (688062.SH, 02493.HK) reported that its anti-ST2 monoclonal antibody 9MW1911 reduced the annualized rate of severe COPD exacerbations by 100% in the 900 mg dose group compared with placebo, according to Phase Ib/IIa data presented as a poster at the European Respiratory Society International Congress 2026 (ERS 2026).

Trial enrolled 80 COPD patients across four dose arms

The randomized, double-blind, placebo-controlled study (9MW1911-C03) enrolled 80 former smokers with moderate-to-severe COPD, randomizing participants to intravenous 9MW1911 at 100 mg, 300 mg, 600 mg, or 900 mg, or placebo, every four weeks. Most participants had blood eosinophil counts of 300 cells/μL or below.

Burlington, Mass. – September 08, 2026 -- Azenta, Inc. (Nasdaq: AZTA) has received full repayment, ahead of maturity, of a $35 million secured vendor loan tied to its divestiture of B Medical Systems S.à r.l., closing out the transaction with the entire $63 million purchase price now collected in cash.

Azenta collects $35 million vendor loan before maturity

Azenta Germany GmbH, a wholly owned subsidiary, had extended the secured term loan to buyer Thelema S.à r.l. as part of the sale that closed July 1, 2026. The loan was secured by a pledge over B Medical Systems' equity interests. Thelema repaid the principal along with all accrued interest, and Azenta released the share pledge that secured the debt.

Total cash proceeds reach $63 million

With the vendor loan settled, Azenta has now received the full $63 million purchase price for B Medical Systems in cash, eliminating the credit exposure the company carried since the deal closed.