•Capital One completed the acquisition of Brex Inc. for approximately $2.56 billion in cash and 10,646,306 shares of common stock.
•The board approved a special award of 11,041 restricted stock units, valued at about $2.0 million, to executive Frank LaPrade for his role in the transaction.
•The stock consideration for the acquisition was issued under a private placement exemption from registration.
•Generac Holdings Inc. and CPower Energy have partnered to deploy distributed generation solutions, including battery storage, generators, and microgrids in the PJM market.
•The agreement aims to leverage Generac's equipment and CPower's demand response expertise to address rising electricity prices and surging demand.
•The move reinforces Generac's strategy to expand into commercial and industrial energy solutions, reducing its reliance on weather-driven residential demand.
•John Dorfman identified 5 stocks that were heavily sold off in Q1 and are poised for a rebound: Humana, Cognizant, Abercrombie & Fitch, Harmony Biosciences, and Thor Industries.
•The recommendations are based on low valuations and specific industry dynamics despite significant drops early in the year.
•Dorfman's previous year's list significantly outperformed the S&P 500 index.