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Powell Max Registers $200M Mixed Shelf Offering In SEC Filing Issued July 31, 2026

BenzingaBenzinga Newsdesk

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  1. BenzingaBenzinga News-desk

    Shares of banks and financial services companies are trading lower following mixed financial results from key peers. Results from JPMorgan, Citigroup, Goldman Sachs and Wells Fargo suggest that the dealmaking and trading boom that fueled record first-half earnings may be slowing, as bond market volatility and equity market swings weighed on activity, particularly in late September, raising concerns about earnings momentum in the coming quarters.

  2. Globenewswire IncNa

    Powell Max Limited Congratulates Remington Firearms on its New Production from State-of-the-Art LaGrange Facility Newly Manufactured Model 700 Rifles and Model 870 Shotguns Expected to Reach U.S. Retail Channels Beginning This Fall

    Powell Max Limited announced a 1.5% initial equity stake in Blackrod Holdings, LLC, which owns exclusive rights to manufacture and sell Remington Firearms. Remington's new state-of-the-art facility in LaGrange, Georgia is expected to begin production of Model 700 rifles and Model 870 shotguns reaching U.S. retail channels this fall, with an option for Powell Max to acquire majority ownership within 12 months.