SiouxFalls.Business: June market recap on MarketBeat

MarketBeat provides a comprehensive recap of the financial market activity in June for various companies. Pathward Financial is set to issue a dividend of 5 cents per share to investors on July 1. SAB BIO has secured $68 million in gross proceeds to advance its lead candidate, SAB-142, for Type 1 diabetes treatment. First Interstate BancSystem saw a change in leadership with David Della Camera becoming the new executive vice president and chief financial officer. The Bancorp will be presenting strategies to assist lenders in managing client wealth at the Equitable Advisors Conference. Wells Fargo issued a cash dividend of 40 cents per share in June. NorthWestern Energy’s Hauser hydroelectric facility in Montana received its third Voluntary Protection Program Star recertification from OSHA in June, recognizing their high safety standards. CNH Industrial’s Case IH brand received the Red Dot Design Awards for its Quadtrac 715 tractor. Citigroup’s Developer Portal won the 2025 Celent Model Bank Award for Enabling Effortless Multi-Channel Corporate Integration. Smithfield Foods highlighted its record results in the first quarter and their positioning as “The New Smithfield Foods” in June. McDonald’s and Krispy Kreme ended their U.S. partnership due to low demand for doughnuts at McDonald’s. Walmart shared preliminary voting results from its annual shareholders’ meeting. Target announced it will maintain 2024 prices on key back-to-school items and bring back student and teacher discounts during Target Circle Week. Macy’s will celebrate its 49th 4th of July Fireworks event from New York’s Brooklyn Bridge. Dillard’s plans to maintain market share amidst tariff impacts. Amazon plans to invest $54 billion in the UK over the next three years, creating thousands of full-time jobs and expanding their network. Costco reported net sales of $20.97 billion for May. Ford Motor will open a new battery factory plant in Michigan regardless of tax incentives. General Motors increased its cash dividend to 15 cents per share.

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