BRIEF-Educational Development Corporation Q3 Revenue USD 7 Million

EDUCATIONAL DEVELOPMENT CORP (EDUC) filed an SEC Form 8-K — Results of Operations and Financial Condition. false 0000031667 0000031667 2026-07-09 2026-07-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Repor

Educational Development Corp. (NASDAQ:EDUC) saw short interest fall 74.3% to 1,252 shares as of May 15, from 4,872 on April 30, according to the report. With average daily volume of 35,257 shares, the short-interest ratio is 0.0 days. The stock rose to $1.46 on Friday. The company reported Q EPS of -$0.37 vs $0.28 consensus and revenue of $4.18M vs $40M.

Disney named Adam Smith chairman of its streaming business and Joe Earley president of Disney Entertainment Television Franchise and Content Strategy. Smith will oversee strategy and development for Disney's streaming platforms, including Disney+ and Hulu, as the company focuses on direct-to-consumer growth.

The U.S. approved a potential $24.3B sale of 48 Lockheed Martin F-35 fighter jets to Saudi Arabia, including engines and support equipment. The sale aims to bolster Saudi Arabia's defense capabilities and interoperability with U.S. forces, but faces objections from Israel. The deal is part of broader defense cooperation and Saudi Arabia's military modernization efforts under Vision 2030.

Victory Capital (VCTR) reported $356.469B in assets under management for August, up 3.3% from July, with ETF assets rising 12.4% to $23.474B. The company's second-quarter revenue was $435.4M with a 44.5% operating margin. However, the growth's durability depends on net inflows and fee economics, as market appreciation could have driven some gains.

The U.S. State Department approved a potential $24.3 billion sale of 48 F-35 fighter jets and related equipment to Saudi Arabia, involving Lockheed Martin and Pratt & Whitney. The deal aims to enhance Saudi Arabia's defense capabilities and regional interoperability, supporting U.S. national security objectives.