Verizon Communications Inc. is discontinuing traditional copper-based home phone service on the Eastern Shore and other parts of Virginia, offering fiber or wireless internet-based alternatives. The company assures that customers without reliable internet or cellular service will retain their copper lines, with a Verizon associate director stating that "Nobody will be left disconnected." This change, prompted by FCC requirements, aims to replace an "100-year-old copper network" with more reliable and less vandalized new services.

Jack Henry & Associates Inc. announced the appointment of Richard N. Preece to its Board of Directors, effective August 20, 2026. Preece, who is the CEO of Liminex, Inc. (doing business as GoGuardian) and previously COO at LegalZoom.com, Inc., will join the Board's Human Capital & Compensation and Risk & Compliance committees. The company also announced that director Wes Brown will retire from the Board in accordance with the Company's retirement age policy.

Jack Henry & Associates (Nasdaq: JKHY) has appointed Richard N. Preece, CEO of education technology leader Liminex (GoGuardian), to its Board of Directors, effective August 20, 2026. Preece brings extensive experience from his roles at GoGuardian, LegalZoom.com, and Intuit, and will serve on the Human Capital & Compensation and Risk & Compliance committees. Additionally, longtime director Wes Brown will retire from the board at the November annual meeting due to the company's retirement age policy.

Seagate Technology (STX) shares declined about 6.5% on Monday, closing down $55.35 at $794.65. The drop is attributed to broader weakness in the technology and storage sectors rather than company-specific news. Despite strong demand for AI and data storage, and advancements in HAMR technology, concerns about valuation risks and customer deferrals persist.

Robbins LLP has reminded investors of a class action lawsuit filed against GoDaddy Inc. for alleged securities fraud. The lawsuit claims GoDaddy failed to disclose a heavily discounted promotional price for domain contracts, which negatively impacted total bookings growth and contradicted the company's representations about attracting high-intent customers. GoDaddy's stock price subsequently dropped by over 14% after the financial results revealing the bookings deceleration were released.

Hewlett Packard Enterprise Co. (HPE) stock declined by 1.91% on Monday, closing at $52.43. This underperformance occurred on a mixed trading day where the Dow Jones Industrial Average rose, but the S&P 500 Index fell. The company's stock is currently trading 18.40% below its 52-week high.

Motorola Solutions has finalized its $1.5 billion acquisition of D-Fend Solutions, enhancing its capabilities in counter-unmanned aerial systems (C-UAS). D-Fend's technology uses RF cyber-takeover to safely manage rogue drones, a method already deployed in over 30 countries at critical sites. This integration aims to bolster public safety and enterprise security by providing advanced airspace protection.

Wix.com officer Nir Zohar plans to sell 974 ordinary shares, valued at $79,936.18, through Oppenheimer & Co. Inc. as per a Rule 10b5-1 trading plan adopted on March 26, 2026. These shares are part of a larger acquisition of 152,934 shares through employee stock options on September 11, 2019. The filing indicates a neutral impact and sentiment regarding the transaction.

Vodafone Group's stock is experiencing increased interest due to progress on a significant funding package for its Indian associate, Vodafone Idea, and stronger Q1 FY27 financial results. The Indian unit showed improved revenue and a narrowed net loss, while the broader Vodafone Group reported a nearly 9.7% rise in quarterly revenue and healthy operating profit, suggesting a positive turnaround trajectory. Additionally, the expansion of branded calling services in Ireland highlights Vodafone's strategy to enhance customer experience and strengthen its service portfolio.

Leidos has been awarded a significant $301 million contract by the Department of Defense. This contract positions Leidos to play a crucial role in strengthening the nation's cyber defenses. The company will focus on enhancing the capabilities of the Cyber Protection Teams.