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2026-07-16 12:47
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2026-07-16 06:17
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AVAV Fraud Notice: AeroVironment Investors are Reminded to Contact BFA Law about the Filed Securities Fraud Class Action Lawsuit to Recover Investment Losses | FMP Stock News | |
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2026-07-16 12:47
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AVAV SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds AeroVironment (AVAV) Investors of Securities Class Action Lawsuit Deadline on July 27, 2026 | FMP Stock News | |
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In AeroVironment To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in AeroVironment between June 25, 2025 and March 10, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - July 16, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) and reminds investors of the July 27, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (2) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding AeroVironment's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the AeroVironment class action, go to www.faruqilaw.com/AVAV or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Frequently Asked Questions (FAQ) for Investors Regarding the AeroVironment Securities Class Action Lawsuit: What is the AeroVironment securities fraud lawsuit about? The AeroVironment securities fraud lawsuit is a federal securities class action alleging that AeroVironment, Inc. (NASDAQ: AVAV) and its executives made false and misleading statements to investors by concealing that the Company faced imminent competition for its SCAR program contracts and overstating its business and financial prospects. As the truth emerged through a series of disclosures — including a U.S. government stop work order on January 20, 2026, a Space Force announcement that it was reopening the SCAR program on March 2, 2026, and AeroVironment's disclosure of a $151.3 million goodwill impairment and contract termination on March 10, 2026 — AVAV's stock price dropped sharply, causing significant losses for investors. Who may be eligible to participate in the lawsuit? Investors who purchased or acquired AeroVironment (AVAV) stock between June 25, 2025 and March 10, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the AeroVironment securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former AeroVironment employees, and others with relevant information about the Company's conduct are also encouraged to come forward. What is a lead plaintiff, and how can I seek appointment? A lead plaintiff in the AeroVironment class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any AeroVironment investor who purchased AVAV stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 27, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class. What should investors do if they purchased AeroVironment stock during the Class Period? Investors who purchased AeroVironment (AVAV) stock between June 25, 2025 and March 10, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the AeroVironment securities class action is July 27, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/AVAV for more information. Why should investors contact Faruqi & Faruqi, LLP? Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased AeroVironment securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305322 Source: Faruqi & Faruqi LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-07-16 12:47
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2026-07-16 07:55
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AVAV DEADLINE ALERT: AeroVironment, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces | FMP Stock News | |
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, /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of AeroVironment, Inc. (NASDAQ: AVAV) securities between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), have until Monday, July 27, 2026 to seek appointment as lead plaintiff of the AeroVironment class action lawsuit. Captioned Norrell v. AeroVironment, Inc., No. 26-cv-01429 (E.D. Va.), the AeroVironment class action lawsuit charges AeroVironment as well as certain of AeroVironment's current and former executive officers with violations of the Securities Exchange Act of 1934.If you suffered substantial losses and wish to serve as lead plaintiff of the AeroVironment class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-aerovironment-class-action-lawsuit-avav.html You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected]. CASE ALLEGATIONS: AeroVironment designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses. The AeroVironment class action lawsuit alleges on May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC, which had previously been awarded a contract to support the U.S. Space Force's Satellite Communication Augmentation Resource ("SCAR") program. The SCAR program represents the U.S. Space Force's efforts to modernize antennas used by the Satellite Control Network ("SCN"), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health, according to the complaint. The AeroVironment class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; and (ii) accordingly, defendants overstated AeroVironment's business and financial prospects. The AeroVironment class action lawsuit further alleges that on January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on AeroVironment's agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment allegedly stated that the stop work order "allows for the parties to negotiate an amended agreement for the future of the SCAR program" and that "[t]he Company expects to continue to deliver capabilities and products for the SCAR program." On this news, the price of AeroVironment stock fell nearly 16%, according to the complaint. Then, on March 2, 2026, SpaceNews allegedly reported that the U.S. Space Force was reopening the SCAR program and "reassessing how to move forward." Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating: "We have been in conversations with the SAE [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR," the complaint alleges. On this news, the price of AeroVironment stock fell more than 17%, according to the complaint. Finally, on March 10, 2026, the complaint alleges that AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment allegedly reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in AeroVironment's space division after the stop work order on AeroVironment's BADGER systems built for the SCAR program, according to the AeroVironment class action lawsuit. AeroVironment also allegedly reported that the U.S. Space Force had terminated AeroVironment's contract concerning the SCAR program, and as a result, it would have to "recompete" for the SCAR program. On this news, the price of AeroVironment stock fell more than 6%, the complaint alleges. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired AeroVironment securities during the Class Period to seek appointment as lead plaintiff in the AeroVironment class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the AeroVironment class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the AeroVironment class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the AeroVironment class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP Ken Dolitsky Michael Albert 655 W. Broadway, Suite 1900, San Diego, CA 92101 800/851-7783 [email protected] SOURCE Robbins Geller Rudman & Dowd LLP |
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2026-07-16 12:47
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2026-07-16 08:00
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Madrigal Pharmaceuticals to Release Second-Quarter 2026 Financial Results and Host Webcast on July 30, 2026 | FMP Stock News | |
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CONSHOHOCKEN, Pa., July 16, 2026 (GLOBE NEWSWIRE) -- Madrigal Pharmaceuticals, Inc. (Nasdaq: MDGL) announced today that it will release its second-quarter 2026 financial results on Thursday, July 30, 2026, prior to the open of the U.S. financial markets.Following the announcement, Madrigal’s management will host a live webcast at 8 a.m. Eastern Time to review the Company’s financial and operating results. The live webcast may be accessed at the Investor Relations section of the Madrigal Pharmaceuticals website. To ensure a timely connection, it is recommended that participants register at least 15 minutes prior to the scheduled webcast. The webcast will be available approximately two hours after the live webcast. About Madrigal Pharmaceuticals Madrigal Pharmaceuticals, Inc. (Nasdaq: MDGL) is a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), a liver disease with high unmet medical need. Madrigal’s medication, Rezdiffra (resmetirom), is a once-daily, oral, liver-directed THR-β agonist designed to target key underlying causes of MASH. Rezdiffra was the first medication approved by both the FDA and European Commission for the treatment of MASH with moderate to advanced fibrosis (F2 to F3). An ongoing Phase 3 outcomes trial is evaluating Rezdiffra for the treatment of compensated MASH cirrhosis (F4c). For more information, visit www.madrigalpharma.com. Investor Contact Tina Ventura, Madrigal Pharmaceuticals, Inc., [email protected] Media Contact Christopher Frates, Madrigal Pharmaceuticals, Inc., [email protected] |
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2026-07-16 12:47
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2026-07-16 07:30
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ManpowerGroup Reports 2nd Quarter 2026 Results | FMP Stock News | |
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Revenues of $4.9 billion (+8% as reported, +6% constant currency) Strong demand in United States, Latin America, APME and in select European countries including Italy, Spain, Poland and Norway Manpower had very strong revenue growth in the quarter. Experis revenue trends improved from previous quarters driven by the United States. Talent Solutions revenue trends also improved sequentially driven by RPO with ongoing solid MSP growth. Gross Profit growth combined with SG&A reductions generated meaningful growth in profitability year over year Sale of Jefferson Wells U.S. business for $100 million generating net cash proceeds of $88 million , /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported net earnings of $1.13 per diluted share for the three months ended June 30, 2026 compared to net losses of $1.44 per diluted share in the prior year period. Net earnings in the quarter were $53.5 million compared to net losses of $67.1 million a year earlier. Revenues for the second quarter were $4.9 billion, an 8% increase from the prior year period.The current year quarter included the sale of our Jefferson Wells U.S. business, strategic transformation program costs, restructuring costs, and a discontinued business liquidation charge which, in aggregate, positively impacted earnings per share by $0.14 in the second quarter. Excluding these items, earnings per share was $0.99 per diluted share in the quarter representing an increase of 27% in constant currency in the second quarter of 2026.1 Financial results in the quarter were also impacted by the U.S. dollar relative to foreign currencies compared to the prior year period. On a constant currency basis, revenues increased 6% compared to the prior year period. Jonas Prising, ManpowerGroup Chair & CEO, said, "In the second quarter we delivered strong results with revenues ahead of expectations. Results reflect good execution across our brands and markets, continued cost discipline and improving demand. We are leveraging our scale and diversified platform and focusing commercial efforts on verticals that offer the greatest opportunities to win and capture share. We saw very strong growth in our Manpower brand and improving trends across Experis and Talent Solutions. Throughout the quarter, we advanced our global strategic transformation program and expanded AI capabilities that improve productivity and unlock new higher-value solutions through critical strategic partnerships. Looking ahead, we maintain our view that 2026 represents an important inflection point for ManpowerGroup as we execute our transformation strategy and position the business for long-term durable profitable growth." We anticipate diluted earnings per share in the third quarter will be between $0.96 and $1.06, which includes an estimated unfavorable currency impact of 2 cents and a 44% effective tax rate." In conjunction with its second quarter earnings release, ManpowerGroup will broadcast its conference call live over the internet on July 16, 2026 at 7:30 a.m. Central time (8:30 a.m. Eastern time). Prepared remarks for the conference call, webcast details, presentation and recordings are included within the Investor Relations section of manpowergroup.com. Supplemental financial information referenced in the conference call can be found at http://investor.manpowergroup.com/. ____________________ 1 The prior year period included various adjustments which reduced earnings per share by $2.22 in the second quarter which are also excluded when determining the year over year adjusted trend. About ManpowerGroup ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2026 ManpowerGroup was named one of the World's Most Ethical Companies for the 17th time – all confirming our position as the brand of choice for in-demand talent. For more information, visit www.manpowergroup.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, including statements regarding trends in labor demand and the future strengthening of such demand, the Company's financial outlook, and the Company's strategic initiatives and technology investments, including our ability to increase market share and the acceleration of transformation initiatives to remove structural costs from the organization to drive efficiencies, which are subject to risks and uncertainties. The Company's actual results may differ materially from those described or contemplated in the forward-looking statements due to numerous factors. These factors include those found in the Company's reports filed with the SEC, including the information under the heading "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2025, which information is incorporated herein by reference. We caution that any forward-looking statement reflects only our belief at the time the statement is made. The Company assumes no obligation to update or revise any forward-looking statements. We reference certain non-GAAP financial measures, which we believe provide useful information for investors. We include a reconciliation of these measures, where appropriate, to GAAP on the Investor Relations section of our website at manpowergroup.com. ManpowerGroup Results of Operations (In millions, except per share data) Three Months Ended June 30 % Variance Amount Constant 2026 2025 Reported Currency (Unaudited) Revenues from services (a) $ 4,860.2 $ 4,519.3 7.5 % 5.8 % Cost of services 4,079.9 3,755.6 8.6 % 6.8 % Gross profit 780.3 763.7 2.2 % 0.7 % Selling and administrative expenses, excluding impairment charges 668.3 700.3 -4.6 % -6.0 % Impairment charges (b) — 88.7 N/A N/A Selling and administrative expenses 668.3 789.0 -15.3 % -16.6 % Operating profit (loss) 112.0 (25.3) N/A N/A Interest and other expenses, net 19.6 16.5 18.1 % Earnings (loss) before income taxes 92.4 (41.8) N/A N/A Provision for income taxes 38.9 25.3 54.2 % Net earnings (loss) $ 53.5 $ (67.1) N/A N/A Net earnings (loss) per share - basic $ 1.14 $ (1.44) N/A Net earnings (loss) per share - diluted $ 1.13 $ (1.44) N/A N/A Weighted average shares - basic 46.9 46.5 0.8 % Weighted average shares - diluted 47.4 46.5 2.0 % (a) Revenues from services include fees received from our franchise offices of $4.5 million and $4.4 million for the three months ended June 30, 2026 and 2025, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $471.4 million and $428.7 million for the three months ended June 30, 2026 and 2025, respectively. (b) Impairment charges for the three months ended June 30, 2025 consist of a goodwill impairment related to our investments in Switzerland and the United Kingdom and an impairment of an indefinite lived intangible asset in our Switzerland business. ManpowerGroup Operating Unit Results (In millions) Three Months Ended June 30 % Variance Amount Constant 2026 2025 Reported Currency (Unaudited) Revenues from Services: Americas: United States (a) $ 714.3 $ 674.1 6.0 % 6.0 % Other Americas 498.0 385.9 29.0 % 23.8 % 1,212.3 1,060.0 14.4 % 12.5 % Southern Europe: France 1,177.6 1,149.3 2.5 % 0.0 % Italy 521.9 475.9 9.6 % 7.0 % Other Southern Europe 609.2 524.1 16.2 % 9.9 % 2,308.7 2,149.3 7.4 % 4.0 % Northern Europe 825.5 794.4 3.9 % 1.4 % APME 518.7 525.3 -1.2 % 5.0 % 4,865.2 4,529.0 Intercompany Eliminations (5.0) (9.7) $ 4,860.2 $ 4,519.3 7.5 % 5.8 % Operating Unit Profit (Loss): Americas: United States $ 52.8 $ 19.7 169.1 % 169.1 % Other Americas 19.1 16.4 15.5 % 11.8 % 71.9 36.1 99.0 % 97.3 % Southern Europe: France 28.4 32.3 -12.0 % -13.9 % Italy 34.1 31.8 7.1 % 4.5 % Other Southern Europe 12.6 9.2 38.1 % 25.0 % 75.1 73.3 2.5 % -1.0 % Northern Europe 2.0 (9.0) N/A N/A APME 23.9 26.4 -9.0 % 0.2 % 172.9 126.8 Corporate expenses (53.9) (55.1) Impairment charges (b) — (88.7) Intangible asset amortization expense (7.0) (8.3) Operating profit (loss) 112.0 (25.3) N/A N/A Interest and other expenses, net (c) (19.6) (16.5) Earnings (loss) before income taxes $ 92.4 $ (41.8) (a) In the United States, revenues from services include fees received from our franchise offices of $2.7 million and $2.6 million for the three months ended June 30, 2026 and 2025, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $93.5 million and $87.1 million for the three months ended June 30, 2026 and 2025, respectively. (b) Impairment charges for the three months ended June 30, 2025 consist of a goodwill impairment related to our investments in Switzerland and the United Kingdom and an impairment of an indefinite lived intangible asset in our Switzerland business. (c) The components of interest and other expenses, net were: 2026 2025 Interest expense $ 23.8 $ 26.0 Interest income (4.8) (8.2) Foreign exchange loss 1.7 1.3 Miscellaneous income, net (1.1) (2.6) $ 19.6 $ 16.5 ManpowerGroup Results of Operations (In millions, except per share data) Six Months Ended June 30 % Variance Amount Constant 2026 2025 Reported Currency (Unaudited) Revenues from services (a) $ 9,370.6 $ 8,609.6 8.8 % 4.4 % Cost of services 7,867.3 7,147.6 10.1 % 5.5 % Gross profit 1,503.3 1,462.0 2.8 % -1.0 % Selling and administrative expenses, excluding impairment charges 1,363.0 1,370.4 -0.5 % -4.1 % Impairment charges (b) — 88.7 N/A N/A Selling and administrative expenses 1,363.0 1,459.1 -6.6 % -10.0 % Operating profit 140.3 2.9 4702.9 % 4487.8 % Interest and other expenses, net 32.5 28.0 16.1 % Earnings (loss) before income taxes 107.8 (25.1) N/A N/A Provision for income taxes 51.8 36.4 42.2 % Net earnings (loss) $ 56.0 $ (61.5) N/A N/A Net earnings (loss) per share - basic $ 1.20 $ (1.32) N/A Net earnings (loss) per share - diluted $ 1.19 $ (1.32) N/A N/A Weighted average shares - basic 46.8 46.7 0.2 % Weighted average shares - diluted 47.2 46.7 1.2 % (a) Revenues from services include fees received from our franchise offices of $8.3 million and $8.2 million for the six months ended June 30, 2026 and 2025, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $925.7 million and $847.1 million for the six months ended June 30, 2026 and 2025, respectively. (b) Impairment charges for the six months ended June 30, 2025 consist of a goodwill impairment related to our investments in Switzerland and the United Kingdom and an impairment of an indefinite lived intangible asset in our Switzerland business. ManpowerGroup Operating Unit Results (In millions) Six Months Ended June 30 % Variance Amount Constant 2026 2025 Reported Currency (Unaudited) Revenues from Services: Americas: United States (a) $ 1,369.2 $ 1,362.9 0.5 % 0.5 % Other Americas 958.7 753.8 27.2 % 21.6 % 2,327.9 2,116.7 10.0 % 8.0 % Southern Europe: France 2,246.2 2,115.0 6.2 % -0.1 % Italy 996.6 873.7 14.1 % 7.2 % Other Southern Europe 1,167.2 994.6 17.4 % 8.1 % 4,410.0 3,983.3 10.7 % 3.5 % Northern Europe 1,615.6 1,525.2 5.9 % -0.1 % APME 1,029.2 1,001.7 2.8 % 6.5 % 9,382.7 8,626.9 Intercompany Eliminations (12.1) (17.3) 9,370.6 8,609.6 8.8 % 4.4 % Operating Unit Profit (Loss): Americas: United States $ 54.9 $ 31.0 77.2 % 77.2 % Other Americas 36.1 30.6 18.0 % 13.0 % 91.0 61.6 47.8 % 45.3 % Southern Europe: France 45.5 53.3 -14.6 % -18.3 % Italy 62.8 56.4 11.2 % 4.9 % Other Southern Europe 21.0 13.8 53.1 % 37.9 % 129.3 123.5 4.8 % -1.4 % Northern Europe (6.2) (27.3) 77.2 % 82.4 % APME 45.6 46.4 -1.8 % 5.1 % 259.7 204.2 Corporate expenses (105.4) (96.2) Impairment charges (b) — (88.7) Intangible asset amortization expense (14.0) (16.4) Operating profit 140.3 2.9 4702.9 % 4487.8 % Interest and other expenses, net (c) (32.5) (28.0) Earnings (loss) before income taxes $ 107.8 $ (25.1) (a) In the United States, revenues from services include fees received from our franchise offices of $5.1 million and $4.8 million for the six months ended June 30, 2026 and 2025, respectively. These fees are primarily based on revenues generated by the franchise offices, which were $171.9 million and $164.0 million for the six months ended June 30, 2026 and 2025, respectively. (b) Impairment charges for the six months ended June 30, 2025 consist of a goodwill impairment related to our investments in Switzerland and the United Kingdom and an impairment of an indefinite lived intangible asset in our Switzerland business. (c) The components of interest and other expenses, net were: 2026 2025 Interest expense $ 49.5 $ 48.5 Interest income (10.9) (15.1) Foreign exchange loss 2.3 2.2 Miscellaneous income, net (8.4) (7.6) $ 32.5 $ 28.0 ManpowerGroup Consolidated Balance Sheets (In millions) June 30, December 31, 2026 2025 (Unaudited) ASSETS Current assets: Cash and cash equivalents $ 180.6 $ 871.0 Accounts receivable, net 4,733.8 4,770.3 Prepaid expenses and other assets 217.0 149.1 Total current assets 5,131.4 5,790.4 Other assets: Goodwill 1,483.4 1,544.6 Intangible assets, net 415.7 430.1 Operating lease right-of-use assets 360.8 392.7 Other assets 868.5 879.1 Total other assets 3,128.4 3,246.5 Property and equipment: Land, buildings, leasehold improvements and equipment 522.0 526.9 Less: accumulated depreciation and amortization 406.9 403.7 Net property and equipment 115.1 123.2 Total assets $ 8,374.9 $ 9,160.1 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $ 2,593.7 $ 2,721.1 Employee compensation payable 216.3 232.3 Accrued payroll taxes and insurance 668.8 672.1 Accrued liabilities 452.1 457.6 Value added taxes payable 410.1 418.1 Short-term operating lease liability 102.2 107.4 Short-term borrowings and current maturities of long-term debt 476.2 625.0 Total current liabilities 4,919.4 5,233.6 Other liabilities: Long-term debt 567.3 1,052.1 Long-term operating lease liability 274.3 304.3 Other long-term liabilities 507.5 509.8 Total other liabilities 1,349.1 1,866.2 Shareholders' equity: ManpowerGroup shareholders' equity Common stock 1.2 1.2 Capital in excess of par value 3,585.8 3,572.5 Retained earnings 3,754.8 3,732.3 Accumulated other comprehensive loss (399.1) (412.1) Treasury stock, at cost (4,836.4) (4,834.3) Total ManpowerGroup shareholders' equity 2,106.3 2,059.6 Noncontrolling interests 0.1 0.7 Total shareholders' equity 2,106.4 2,060.3 Total liabilities and shareholders' equity $ 8,374.9 $ 9,160.1 ManpowerGroup Consolidated Statements of Cash Flows (In millions) Six Months Ended June 30, 2026 2025 (Unaudited) Cash Flows from Operating Activities: Net earnings (Loss) $ 56.0 $ (61.5) Adjustments to reconcile net earnings to net cash used in operating activities: Depreciation and amortization 41.7 43.4 (Gain) Loss on sales of subsidiaries, net (24.5) 6.2 Non-cash impairment of goodwill and other intangible assets — 88.7 Deferred income taxes 9.3 4.5 Provision for credit losses 5.4 1.9 Share-based compensation 13.6 15.3 Changes in operating assets and liabilities: Accounts receivable (49.2) 7.9 Other assets (91.9) (92.4) Accounts payable (89.9) (209.6) Other liabilities 0.5 (147.2) Cash used in operating activities (129.0) (342.8) Cash Flows from Investing Activities: Capital expenditures (14.8) (31.3) Acquisition of businesses, net of cash acquired — (1.0) Impact to cash resulting from sales of subsidiaries 87.5 (2.1) Proceeds from the sale of property and equipment 0.7 0.4 Cash provided by (used in) investing activities 73.4 (34.0) Cash Flows from Financing Activities: Net change in short-term borrowings (16.9) 67.1 Net proceeds from revolving debt facility — 136.0 Proceeds from long-term debt 3.3 0.1 Repayments of long-term debt (585.8) (0.4) Payments of contingent consideration for acquisition (0.8) (1.3) Taxes paid related to net share settlement (2.8) (6.0) Repurchases of common stock and excise tax (0.3) (38.2) Dividends paid (33.5) (33.3) Cash (used in) provided by financing activities (636.8) 124.0 Effect of exchange rate changes on cash 2.0 33.2 Change in cash and cash equivalents (690.4) (219.6) Cash and cash equivalents, beginning of period 871.0 509.4 Cash and cash equivalents, end of period $ 180.6 $ 289.8 SOURCE ManpowerGroup |
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PTC Therapeutics to Report Second Quarter 2026 Financial Results on Thursday, July 30, 2026 | FMP Stock News | |
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, /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) announced today that the company will host a webcast conference call to report its second quarter 2026 financial results and provide an update on the company's business and outlook on Thursday, July 30, 2026, at 4:30 p.m. ET.To access the live webcast, please visit the "Events & Presentations" page within the Investors section of the PTC website. A replay of the webcast will be available on the PTC website for 30 days following the event. To participate via phone, please register in advance here to receive dial-in details. About PTC Therapeutics, Inc. PTC is a global biopharmaceutical company dedicated to the discovery, development and commercialization of clinically differentiated medicines for children and adults living with rare disorders. PTC is advancing a robust and diversified pipeline of transformative medicines as part of its mission to provide access to best-in-class treatments for patients with unmet medical needs. The company's strategy is to leverage its scientific expertise and global commercial infrastructure to optimize value for patients and other stakeholders. To learn more about PTC, please visit www.ptcbio.com and follow us on LinkedIn, X, Facebook and Instagram. For more information, please contact: Investors: Ellen Cavaleri +1 (615) 618-8228 [email protected] Media: Jeanine Clemente +1 (908) 912-9406 [email protected] SOURCE PTC Therapeutics, Inc. |
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Prediction: Dutch Bros Will Hit $130 by 2031 for This Obvious Reason | FMP Stock News | |
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In the retail coffee market, Starbucks gets a lot of attention. Its brand recognition, gargantuan physical footprint, and more than five-decade operating history support its strong industry position.However, investors shouldn't overlook Dutch Bros (BROS 0.30%). The up-and-coming chain presents an exciting opportunity to potentially achieve a strong portfolio return. I believe this coffee stock will double to $130 in five years. The company's impressive growth trajectory is why I think this will happen. Image source: Getty Images. Management isn't letting up At the end of 2021, there were 538 Dutch Bros locations in the U.S. This small number, mostly concentrated in the western and southern parts of the country, surged in recent years. As of March 31, there were 1,177 Dutch Bros coffee shops in total. The business opened its first store in the Chicago area in May, for instance, clearly expanding its geographic footprint. Dutch Bros has huge growth ambitions. During its 2025 investor day, executives revealed that the goal is to reach 2,029 stores by 2029. The management team estimates that the U.S. has a total addressable market of 7,000 locations. This figure is six times larger than the current shop count. The company's operating playbook focuses on small drive-through retail outlets, averaging 900 square feet in size and with no indoor seating. This strategy not only expands the potential real estate opportunity set, but can also lead to lower upfront capital investment. These locations are performing well, despite the uncertain macro backdrop. Dutch Bros has reported systemwide same-store sales growth in at least the last nine consecutive quarters. This must definitely be the envy of the retail sector. What's particularly encouraging is that the company's shops generate almost 75% of their sales after 10 a.m. Compared to the 50% share industry leaders report during this time, Dutch Bros has been able to differentiate itself in a notable way. Today's Change ( -0.30 %) $ -0.19 Current Price $ 63.86 Growth will drive financial performance It's no shock that opening new stores will support revenue and profit gains. This has been the case historically. Between 2022 and 2025, sales climbed 122%. The bottom line went from a $19 million net loss to a $117 million net profit, as advantages developed thanks to greater scale. From 2025 to 2028, consensus analyst estimates call for Dutch Bros' adjusted diluted earnings per share to rise at a compound annual rate of 27%. Based on recent trends, this outcome isn't out of the question. Even accounting for growth decelerating toward the end of the decade, the stock still has a good chance of doubling in the next five years. |
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AMETEK Announces Second Quarter 2026 Earnings Call and Webcasted Investor Conference Call Information | FMP Stock News | |
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Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact - Earnings to be released before market opens on Tuesday, August 4, 2026 -, /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) will issue its second quarter 2026 earnings release before the market opens on Tuesday, August 4, 2026. AMETEK will webcast its second quarter 2026 investor conference call on Tuesday, August 4, 2026, beginning at 8:30 AM ET. The live audio webcast can be accessed by clicking on the Events & Presentations link in the "Investors" section of www.ametek.com. A replay of the call will also be archived on the website and will be available until the next quarterly earnings call. Corporate Profile: AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of approximately $7.5 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 95 years and is a component of the S&P 500. For more information, visit www.ametek.com. Contact: Kevin Coleman Vice President, Investor Relations and Treasurer [email protected] Phone: 610.889.5247 SOURCE AMETEK, Inc. |
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Alarm.com Expands into Commercial Fire with New Fire Communicator | FMP Stock News | |
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-UL Listed, NFPA 72‑compliant communicator brings fire onto the Alarm.com for Business platform alongside intrusion, video, and access control TYSONS, Va.--(BUSINESS WIRE)--Alarm.com (Nasdaq: ALRM), the leading platform for intelligently connected properties, today announced the launch of its Fire Communicator (ADC‑FC100), expanding Alarm.com for Business into the commercial fire category. With the addition of fire alongside intrusion, access control, and video, service providers can now standardize on Alarm.com for Business across the four major categories of commercial security. The Fire Communicator replaces legacy POTS fire communications with reliable, dual-path signaling that works with both new and existing fire alarm control panels. Businesses can modernize fire monitoring without the cost and disruption of replacing current infrastructure, creating a more affordable path to updated fire communications while gaining real-time alerts and centralized visibility through Alarm.com services. For service providers, this approach simplifies operations with one portal, one technician app, and one bill across all security categories. Businesses benefit from a more consistent experience with centralized alerts, reporting, and history for intrusion, access control, video, and fire monitoring. “More than 20 years ago, Alarm.com transformed residential intrusion by combining reliable signal communication with a modern cloud platform and connected user experience,” said Dan Kerzner, President of Platforms Business at Alarm.com. “The Fire Communicator applies that same model to commercial fire, giving service providers a simpler way to manage installations, monitoring, and customer accounts while helping businesses bring fire monitoring into the same day-to-day workflows they already use for the rest of their security system.” Modernizing Commercial Fire Through a Connected Platform The Fire Communicator links the fire alarm control panel, monitoring station, and Alarm.com platform together. When a fire event occurs, the communicator transmits the alarm to the monitoring station while simultaneously delivering notifications to designated users through the Alarm.com app and services. This approach provides critical information to both monitoring professionals and building operators while giving businesses the same familiar experience they already use for intrusion, access control, and video monitoring. “In a little over five years, I’ve grown my commercial business with Alarm.com from four accounts to more than 1,600,” said Scott Davis of DDA Systems. “The Fire Communicator has the same Alarm.com benefits that helped us grow in other categories like intrusion and access control. What makes it so valuable is how simple it is to use. The communicator gives users and service providers real-time visibility into what’s happening with the system through an easy installation and app experience, helping them identify issues faster, respond quickly, and manage fire systems more efficiently.” The Fire Communicator was recognized with a 2026 ESX Innovation Award in the Fire Detection and Life Safety Systems category, recognizing its role in modernizing commercial fire communications through a connected platform experience. Designed for Compatibility and Reliability Designed to work with a wide range of existing fire alarm control panels, the Fire Communicator enables businesses to modernize fire monitoring communications without replacing current infrastructure. The communicator connects to the fire panel through phone lines or relay outputs and passes signals to the central monitoring station. Reliable dual‑path communication over Broadband and LTE transmits alarm signals even if one communication path is interrupted. Dual‑SIM capability allows the communicator to automatically switch carriers for improved signal reliability. The communicator is UL Listed (UL 864), NFPA 72 compliant, and certified by CSFM, LAFD, and FDNY, meeting key safety requirements for commercial fire monitoring systems. Availability The Alarm.com Business Fire Communicator (ADC‑FC100) is entering General Availability in the United States through Alarm.com for Business service provider partners and participating distributors. Expansion into Canada is planned for a future release. For more information about the Fire Communicator and Alarm.com’s commercial security and life safety solutions, visit www.alarm.com. About Alarm.com Alarm.com is the leading platform for intelligently connected properties. Millions of homeowners and businesses rely on Alarm.com’s technology to secure, monitor, and manage their environments from anywhere. Our comprehensive suite of solutions, including security, video surveillance, access control, active shooter detection, intelligent automation, energy management, wellness, and fire, are delivered exclusively through a trusted network of thousands of professional service providers and commercial integrators across North America and worldwide. Alarm.com’s common stock is traded on Nasdaq under the ticker symbol ALRM. To learn more, visit www.alarm.com. More News From Alarm.com Holdings, Inc. Back to Newsroom |
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USA: Index výrobní aktivity filadelfského Fedu v červenci vzrostl na 41,4 b. při očekávání 12,5 b. | FIO Stock News | |
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USA: Index výrobní aktivity filadelfského Fedu v červenci vzrostl na 41,4 b. při očekávání 12,5 b. |
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USA: Maloobchodní tržby v červnu meziměsíčně podle předběžných dat vzrostly o 0,2 % | FIO Stock News | |
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USA: Maloobchodní tržby v červnu meziměsíčně podle předběžných dat vzrostly o 0,2 % |
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USA: Nové žádosti o podporu v nezaměstnanosti k 11. červenci klesly na 208 tis. | FIO Stock News | |
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16.7.2026 14:37Nové žádosti o podporu v nezaměstnanosti (11. července): aktuální hodnota: 208 tis. očekávání trhu: 217 tis. předchozí hodnota: 215 tis. Pokračující žádosti o podporu v nezaměstnanosti (4. července): aktuální hodnota: 1805 tis. očekávání trhu: 1820 tis. předchozí hodnota: 1814 tis. Zdroj: Bloomberg Michal Šnobl Fio banka, a.s. Prohlášení |
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Metalsource Mining Identifies High Priority Drill Targets Across 2.4 Kilometres to Drive the Next Phase of Exploration at Silver Hill | FMP Stock News | |
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Vancouver, British Columbia--(Newsfile Corp. - July 16, 2026) - Metalsource Mining Inc. (CSE: MSM) (OTCQB: MSMMF) (FSE: E9Z) ("Metalsource" or the "Company") is pleased to announce the results of a recently completed induced polarization ("IP") survey designed to identify drill targets on strike from the historic Silver Hill mine. The survey identified approximately 2.4 kilometres of prospective strike length across two primary target areas, including a continuous 1.8 kilometre anomaly in the southern portion of the project area, in the immediate vicinity of Silver Hill, and an additional 600 metre IP anomaly in the northeast corner of the property.These IP data and recent drilling results continue to validate Metalsource's exploration thesis that mineralization remains open in all directions, and there are significant opportunities to add scale to the mineralization discovered thus far through on strike and down dip exploration drilling. Key Highlights Phase 2 IP survey identifies approximately 2.4 kilometres of prospective target areas across the Silver Hill district.High priority drill targets display geophysical characteristics analogous to the mineralized corridor defined by recent drilling.Targets remain open north and south of the historic mine, significantly expanding the Company's exploration pipeline.Results strengthen management's evolving geological model that Silver Hill may comprise multiple mineralized occurrences rather than a single historic deposit.Company advancing plans to increase drilling capacity to simultaneously expand known mineralization and systematically test newly identified targets. Figure 1: Plan view showing the extent of recently completed ground IP Survey. Right: Unfiltered polarization results. Left: Polarization results filtered to 20-35 msec to show anomalous trend. Note Project focus area includes the Silver Hill mine and a significant portion of the companies property position. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12035/305405_90115bf674546854_002full.jpg Figure 2: Plan view showing resistivity results from ground IP survey with anomalous polarization data (points). Coincident polarization anomalies (20-35msec) with >1,500Ωm resistivity results is an exploration target. Note: Non-target resistivities removed for clarity on the right side of the image. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12035/305405_90115bf674546854_003full.jpg High-Grade Drilling Validates IP Targeting Model Exploration drilling completed to date at Silver Hill has demonstrated significant metal endowment within the Company's target horizon. Drilling has so far identified mineralization in up to 18 metres of drill core, and composite assay results of up to 209 g/t gold, 241 g/t silver, 18.8% lead, 39.4% zinc, and 5.4% copper (Table 1). The consistency of this polymetallic mineralization has established Silver Hill as an excellent candidate for electrical geophysics and provided the foundation for the Company's evolving exploration model. At Silver Hill, the combination of IP chargeability and resistivity data provides two complementary and independently interpretable signals. Elevated chargeability values (greater than 20 milliseconds) are interpreted to potentially reflect the presence of metallic sulphide minerals, while resistivity distinguishes the silicified host of the mineralization (1,500 to 4,000 ohm-m) from both the conductive weathered saprolite at surface and the highly resistive volcanic package, which exceeds 5,000 ohm-m. This two parameter discrimination allows geophysically anomalous zones to be ranked not only by their sulphide content, but also by their host rock environment, enabling the identification of interpreted mineralization occurring at the favourable contact between volcanic flows and the underlying silicified host rocks. Joe Cullen, CEO of Metalsource Mining, commented: "This survey represents a major step forward in our understanding of the Silver Hill district. What excites us most is not simply the number of targets identified, but the quality of those targets. These targets exhibit geophysical characteristics analogous to the corridor where we've already delivered some of our strongest drill results. While these are exploration targets, not drill results, they provide us with a compelling pipeline of opportunities that we intend to begin testing as we continue to accelerate exploration. As drilling, geophysics and geological interpretation continue to come together, our confidence in the broader district continues to grow. Our working geological model suggests Silver Hill may comprise multiple mineral occurrences rather than a single mineralized body, creating opportunities to expand the system both along strike and down dip. With plans to increase drilling capacity, our strategy is straightforward. One drill program will continue systematically expanding the known Silver Hill deposit, while additional drilling evaluates these newly identified high priority targets. Selecting where to drill first has become one of the more difficult decisions because of the quality of the opportunities now in front of us, and we're excited to begin unlocking their potential aggressively in the near term." Drill Hole IDFrom (m)To (m)Length (m)Au (g/t)Ag (g/t)Pb (%)Zn (%)Cu (%)AgEq (g/t)*SH25-0114.3232.4918.171.867.93.11.00.1267Including24.6932.497.803.266.13.60.90.1383Including24.6927.432.744.8139.97.11.20.3640SH25-0214.2329.5715.332.133.21.11.40.1237Including24.6629.574.915.761.52.73.80.1613Including26.4028.131.7413.268.72.90.50.11,155SH26-07129.91142.5212.6246.542.31.43.30.13,786Including135.58142.526.9584.054.81.11.80.26,730And139.78142.522.74209.193.60.31.20.116,604SH26-05116.10117.010.912.2241.016.634.60.21,170SH26-08186.05199.0012.951.342.56.513.40.2447Including186.05191.485.431.661.611.123.50.2705Including188.37191.483.112.294.117.236.00.31,063And196.44199.002.562.174.88.815.00.3604SH25-0316.9220.063.140.043.20.70.60.060Including16.9218.411.490.061.40.50.10.067SH25-0458.5560.111.550.240.41.52.60.0113Including59.5660.110.550.7103.03.96.00.0279SH26-10111.98116.594.600.723.92.76.10.1202Including116.01116.590.581.2146.813.617.60.3656SH26-11138.41149.0510.643.327.03.37.90.2434Including139.96149.059.083.730.33.78.50.2488Including142.98146.153.179.752.46.514.70.41,087Including142.98144.511.5219.192.011.725.10.52,050SH26-15218.66228.8410.182.116.41.52.90.4257Including218.66219.360.708.359.50.41.45.41,039Including226.13228.842.714.541.05.310.30.2594SH26-16224.45233.028.560.67.70.82.10.090Including224.45224.850.4011.323.81.56.00.1984Including232.87233.020.150.4146.018.839.40.0951SH26-17185.59185.750.150.721.53.810.50.5292SH26-18199.40211.2311.831.434.32.25.40.1245Including199.40200.801.407.319.71.516.00.3833Including199.40200.040.6413.836.82.729.80.71,580Including208.94211.232.291.7152.79.816.00.4636SH26-19218.60224.886.289.954.03.721.70.11,156Including218.60222.203.6016.543.72.832.20.11,789Including224.00224.880.882.7157.310.818.90.3762And227.93228.230.303.364.64.215.90.3609Table 1: Summary of exploration drilling results thus far at Silver Hill. The Company believes the combination of systematic drilling, modern geophysics and structural interpretation is transforming Silver Hill from a historically mined property into a modern district scale exploration opportunity with multiple avenues for future growth. What's Next Accelerating Exploration - Management is advancing plans to increase drilling capacity to simultaneously expand the known Silver Hill deposit while systematically testing newly identified priority targets. Multiple Assays Pending - Results remain outstanding from several completed drill holes, providing continued exploration catalysts as the current drill program advances. Testing New Discovery Targets - Follow up drilling will prioritize the highest ranking IP anomalies exhibiting characteristics analogous to the Company's successful drilling. Expanding the Geological Model - Ongoing drilling, IP surveys and geological interpretation will continue refining management's understanding of the Silver Hill district while evaluating opportunities to extend mineralization along strike, down dip and beyond the historic mine footprint. Building District Scale Value - Management will continue evaluating strategic opportunities that strengthen the Company's ability to systematically explore and unlock the broader Silver Hill district. Why This Matters to Investors The Phase 2 IP survey represents a significant evolution in the Silver Hill story. Rather than simply identifying additional drill targets, the survey provides a property scale framework for systematically exploring the broader district and prioritizing future drilling. Importantly, the newly identified targets exhibit geophysical characteristics analogous to the corridor where Metalsource has already intersected high-grade silver, gold, lead, zinc and copper mineralization. While these anomalies remain exploration targets until drill tested, they substantially expand the Company's pipeline of prospective targets and support management's evolving geological model that Silver Hill may comprise multiple mineralized centres extending beyond the historic mine footprint. Combined with multiple pending assays, plans to increase drilling capacity and ongoing geological interpretation, the Company believes it is entering the next phase of exploration—one focused on not only expanding the known mineralization, but also systematically evaluating the broader district for additional discoveries. Metalsource QA/QC protocols are maintained through the insertion of certified reference material (standards), blanks, and duplicates within the sample stream. The drill core is cut in half with a diamond saw, with one half placed in sealed bags and shipped to the laboratory and the other half retained on site. Chain of custody is maintained from the drill to the submittal into the laboratory preparation facility. Analytical testing is performed by ALS Geochemistry (Reno, NV) and ALS Canada (Vancouver, BC). The entire sample is crushed to 70% passing 2mm mesh, with a 250 gram split pulverized to 85% passing minus 75 micron. A four-acid digest is performed on 0.25g of sample to quantitatively dissolve most geological materials. Analysis is performed with a combination of ICP-AES and ICP-MS and fire assay. The exploration results described herein are preliminary in nature and are insufficient to define a mineral resource. Further drilling is required to determine the continuity, geometry, and grade distribution of mineralization. At the time of this release analytical results remain pending. *Metal values used in AgEq calculations are from the 200-day moving average values from 2/6/2026, and all values are in USD. PAu= $124.5/g, PAg= $1.58/g, PCu= $4.9/lbs, PPb=$0.90/lbs, PZn=$1.11/lbs, 0.00220462262 = grams-to-pounds conversion factor, 22.0462262 = pounds per tonne for 1% metal. Metal recoveries used in the AgEq calculation are Au: 95.5%, Ag: 92.9%, Pb: 89.2%, Zn: 93.8% and Cu 90.8%. These recovery values are derived from batch metallurgical testing used to estimate recoveries of Silver Hill ores, completed in 1988. Individual metal values in the results table are composited values and not factored by recovery. Metal recoveries are applied to their respective component of the AgEq calculation only. Qualified Person All scientific and technical information has been reviewed and approved by Darcy Vis, B.Sc., P.Geo., President of Tripoint Geological Services Ltd., a contractor of the Company, and a Qualified Person as defined under National Instrument ("NI") 43-101 - Standards of Disclosure for Mineral Projects. Silver Hill Project Located in the Carolina Terrane, the property is underlain by volcaniclastic and volcano-sedimentary rocks predominantly of Neoproterozoic and Cambrian age. Current interpretations suggest this terrane is an extension of the Avalon Terrane. The property is 1,225 acres located in Davidson County, North Carolina. As the first significant discovery and first silver-producing mine in America, the property is supported by an extensive historic dataset, including drillhole data, underground mapping, historic dumps and underground chip samples. Currently known mineralization extends to 550m from surface, in a steeply trending series of lenses, which remain open in multiple directions. Byrd-Pilot Mountain Project The Byrd-Pilot Mountain Project is located in central North Carolina within the Carolina Terrane. Initial USGS surveys in the 1980s identified the area as a potential host for a porphyry gold-copper system. Subsequent exploration demonstrated broad gold mineralization in soils, trenches, and shallow RC drilling, coincident with strong self-potential anomalies. Geology shows intense quartz-sericite-pyrite alteration, high-sulfidation signatures, and high-alumina minerals (like Haile and Brewer deposits to the south), suggesting potential for a large epithermal or porphyry-related gold system. Geologic modelling of currently identified mineralization indicates an east-west trend open in multiple directions, with oxidation noted down to a depth of 30m. No drilling has tested the Meridian discovery zone since those 1980s campaigns, leaving potential for significant resource expansion through work commitments of the agreement. About Metalsource Mining Inc. Metalsource Mining Inc. is a U.S.-focused precious and critical metals exploration company advancing the Silver Hill Project in North Carolina, widely recognized as America's first silver mine. A historically producing mining district dating back to 1839, Silver Hill produced silver, gold, lead and zinc during the formative years of the American mining industry and remains one of the most historically significant mining assets in the United States. The Company is focused on expanding known mineralization, advancing toward a modern resource estimate, and unlocking the broader potential of the Silver Hill district through systematic drilling, geological modeling and modern exploration techniques. Metalsource Mining America's First Silver Mine. Modern Exploration. Historic Opportunity. For further information, please contact: Joe Cullen CEO - Metalsource Mining Inc. Tel: (778) 919-8615 Email: [email protected] Cautionary Note About Forward-Looking Statements This news release may include forward-looking statements that are subject to risks and uncertainties. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company's public filings under the Company's SEDAR profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law. Neither the CSE nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305405 Source: Metalsource Mining Inc. Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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CALX SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds Calix (CALX) Investors of Securities Class Action Lawsuit Deadline on July 27, 2026 | FMP Stock News | |
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Calix To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Calix between January 28, 2026 and April 21, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - July 16, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Calix, Inc. ("Calix" or the "Company") (NYSE: CALX) and reminds investors of the July 27, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the Company's first quarter margins had significantly benefited from advanced purchasing of memory components; (2) that the Company's advanced supply of memory components was dwindling; (3) that, as a result, the Company was experiencing negative margin pressure as it was forced to purchase memory components at rising market prices; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's margins, business, operations, and prospects were materially misleading and/or lacked a reasonable basis. On April 21, 2026, Calix reported results for the first quarter of 2026 earnings, including that "Non-GAAP gross margin was 57.2%, down 80 basis points sequentially." Further, the Company reported "gross margin guidance for the second quarter of 2026 is between 54.25% and 57.25%" and "[f]or the year, we expect our non-GAAP gross margin to decline between 50 and 150 basis points." In the accompanying earnings call, the Company's CFO stated "advanced purchasing had allowed us to avoid higher memory component costs during the first quarter. However, that advanced supply has run its course, and we now face market prices." On this news, Calix's stock price fell $6.93, or 13.98% to close at $42.65 per share on April 22, 2026, on unusually heavy trading volume. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Calix's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Calix class action, go to www.faruqilaw.com/CALX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Frequently Asked Questions (FAQ) for Investors Regarding the Calix Securities Class Action Lawsuit: What is the Calix securities fraud lawsuit about? The Calix securities fraud lawsuit is a federal securities class action alleging that Calix, Inc. (NYSE: CALX) and its executives made false and misleading statements to investors by concealing that the Company's strong first quarter margins were artificially inflated by advanced purchasing of memory components, that its advanced supply of those components was dwindling, and that it would soon be forced to purchase memory components at rising market prices — creating significant negative margin pressure. As the truth emerged on April 21, 2026, when Calix reported Q1 2026 results and its CFO disclosed that "advanced supply has run its course" and the Company would "now face market prices," CALX's stock price fell $6.93 per share, or 13.98%, causing significant losses for investors. Who may be eligible to participate in the Calix class action lawsuit? Investors who purchased or acquired Calix (CALX) stock between January 28, 2026 and April 21, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the Calix securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Calix employees, and others with relevant information about the Company's conduct are also encouraged to come forward. What is a lead plaintiff, and how can I seek appointment in the Calix lawsuit? A lead plaintiff in the Calix class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any Calix investor who purchased CALX stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 27, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class. What should investors do if they purchased Calix stock during the Class Period? Investors who purchased Calix (CALX) stock between January 28, 2026 and April 21, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Calix securities class action is July 27, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/CALX for more information. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305329 Source: Faruqi & Faruqi LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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7-Eleven, Inc. and Mattel Team Up for a Turbocharged Collab for a Limited-Edition Hot Wheels Collectible Car | FMP Stock News | |
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Race to stores for the exclusive 2017 Nissan GT-R (R35) die-cast supercar, /PRNewswire/ -- Start your engines: 7-Eleven, Inc. is back in the fast lane with Hot Wheels®, dropping an exclusive 2017 Nissan GT-R (R35) die-cast car in collaboration with Mattel, Inc. (NASDAQ: MAT), a leading global play and family entertainment company and owner of one of the most iconic brand portfolios in the world.* The toy car brings together two beloved pop culture brands for another high-octane release inspired by speed and nostalgia. Race to stores for the exclusive 2017 Nissan GT-R (R35) die-cast supercar For the second year in a row, 7-Eleven and Hot Wheels are releasing an exclusive 7-Eleven-branded die-cast toy car available at participating 7-Eleven®, Speedway® and Stripes® store locations and 7Collection.com, the retailer's official online merchandise shop, while supplies last. This year's collectible puts the spotlight on the high-performance 2017 Nissan GT-R (R35), a legendary model beloved by car enthusiasts. The model features a sleek white wrap with 7-Eleven's iconic logo on the hood and sides, creating the kind of die-cast livery collectors love to discover. With this latest Hot Wheels drop, fans can head to participating stores nationwide and 7Collection.com to grab the exclusive die-cast supercar before it speeds away. Plus, fans can stay tuned for an expanded limited-edition merch drop coming soon to 7Collection.com. *Limited time only, while supplies last. Available exclusively on 7Collection.com. ©2026 7-Eleven, Inc. All rights reserved. About 7-Eleven, Inc. 7-Eleven, Inc. is the premier name in the U.S. convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada. In addition to 7-Eleven® stores, 7-Eleven, Inc. operates and franchises Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations. Known for its iconic brands such as Slurpee®, Big Bite® and Big Gulp®, 7-Eleven offers customers fresh, high-quality and convenient food options like sandwiches, salads, side dishes, cut fruit and protein boxes, as well as pizza, chicken wings and mini beef tacos. 7-Eleven also offers customers industry-leading packaged products at an outstanding value with its 7-Select™ private brand. Customers can earn and redeem points on various items in stores nationwide through its 7Rewards® and Speedy Rewards® loyalty programs, which have more than 100 million members. Customers can also place an order in the 7NOW® delivery app with real-time tracking and delivery typically in about 30 minutes, depending on the market, driver availability, weather, traffic conditions, and other factors. Find out more online at www.7-eleven.com. About Mattel Mattel is a leading global play and family entertainment company and owner of one of the most iconic brand portfolios in the world. We engage consumers and fans through our franchise brands, including Barbie®, Hot Wheels®, Fisher-Price®, American Girl®, Thomas & Friends™, UNO®, Masters of the Universe®, Matchbox®, Monster High®, Polly Pocket®, as well as other popular properties that we own or license in partnership with global entertainment companies. Our offerings include toys, content, consumer products, digital and live experiences. Our products are sold in collaboration with the world's leading retail and ecommerce companies. Since its founding in 1945, Mattel is proud to be a trusted partner in empowering generations to explore the wonder of childhood and reach their full potential. Visit us at mattel.com. SOURCE 7-Eleven, Inc. |
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Insmed Announces Positive 12-Month Data from the Ongoing Open-Label Extension Study of Treprostinil Palmitil Inhalation Powder (TPIP) in Patients with Pulmonary Arterial Hypertension | FMP Stock News | |
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–12-Month Data Demonstrated Sustained Improvement with TPIP Across All Secondary Efficacy Measures Including Reduction in Mortality Risk Status by REVEAL Lite 2.0––Placebo Crossed Group Demonstrated Treatment Response on TPIP, Achieving Similar Outcomes to the TPIP Continued Group by Month 12– –TPIP Was Safe and Well-tolerated with No Newly Identified Safety Signals through Month 12; Doses Up to 1,280 µg Once Daily Were Permitted in the OLE Study– –These OLE Data, Combined with Once-Daily Inhaled Administration, Reinforce TPIP's Potential to Become the Prostanoid of Choice for Patients with PAH– –Insmed to Host Investor Call Thursday, July 16, 2026, at 8:00 a.m. ET– , /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a people-first global biopharmaceutical company striving to deliver first- and best-in-class therapies to transform the lives of patients facing serious diseases, today announced positive 12-Month data from the ongoing open-label extension (OLE) study evaluating treprostinil palmitil inhalation powder (TPIP), administered once daily in patients with pulmonary arterial hypertension (PAH, World Health Organization Group 1). The OLE study is a non-placebo-controlled trial and was designed to evaluate the long-term safety, tolerability, and effectiveness of TPIP over 24 months in patients who completed the lead-in TPIP PAH studies. "These data from our ongoing OLE study with TPIP represent an important milestone in our efforts to fully harness the potential of treprostinil and provide meaningful benefit to patients with pulmonary arterial hypertension," said Gene Sullivan, M.D., Chief Product Strategy Officer of Insmed. "In this analysis, TPIP demonstrated sustained improvement across all efficacy endpoints and was well tolerated with no newly identified safety signals, and notably, patients who switched from placebo to TPIP in the OLE study achieved similar clinical benefit. These data, coupled with the statistically significant and clinically meaningful results from our Phase 2b randomized study, demonstrate TPIP's potential to become the prostanoid of choice for PAH patients, and we remain excited to be advancing our Phase 3 PALM-PAH study." 12-Month Results from the Ongoing OLE Study with TPIP in Patients with PAH Results for secondary efficacy endpoints demonstrated sustained improvement with TPIP in six-minute walk distance (6MWD), N-terminal fragment pro-B-type natriuretic peptide (NT-proBNP) concentration, and World Health Organization (WHO) Functional Class, as well as a clinically meaningful improvement in REVEAL Lite 2.0 score at Month 12. Patients in the Placebo Crossed group (N=31) showed similar outcomes to patients in the TPIP Continued group (N=60) across all efficacy measures at Month 12. The results at Month 12 were as follows: Mean improvement from baseline for 6MWD was +55.7 meters for the TPIP Continued group and +54.1 meters for the Placebo Crossed group. NT-proBNP concentration was reduced by approximately 60% in both groups with geometric mean ratios [GMR] to baseline of 0.40 and 0.41 in TPIP Continued and Placebo Crossed, respectively. WHO Functional Class I or II was achieved in 78.3% of TPIP Continued group and 80.6% of Placebo Crossed group patients, and more than 25% of patients across both groups achieved WHO Functional Class I. Mean REVEAL Lite 2.0 score improved 2.0-points from baseline for the TPIP Continued group and 1.4-points from baseline for the Placebo Crossed group. Approximately 65% of all patients achieved Refined Low Risk status, which is associated with a less than 5% estimated risk of mortality at three years and an approximately 7% risk of clinical worsening at one year. "Pulmonary arterial hypertension is one of the most devastating diseases we face as clinicians, and these results from the ongoing TPIP OLE study give us genuine reason for optimism," said Dr. Raymond Benza, M.D., F.A.C.C., FAHA, FACP, Phase 2b PAH study Steering Committee Member, George M. and Linda H. Kaufman Academic Chair of Cardiology, Sentara Health. "The REVEAL Lite 2.0 risk score provides a powerful, non-invasive way to track disease trajectory. Previous REVEAL Lite 2.0 validation showed that a 1-point score improvement reduces risk of mortality by 23% and reduces the risk of clinical worsening by 21%. Here we saw that patients on TPIP averaged a greater than 1-point improvement from baseline, which is really meaningful for patients. Sustained improvements of this magnitude, alongside gains in exercise capacity and Functional Class, provide a strong clinical rationale to advance this therapy into Phase 3 development." Results for the primary endpoint of safety & tolerability showed that once-daily TPIP therapy was generally well tolerated with no newly identified safety signals at doses up to 1,280 µg through Month 12. Of the 91 patients in the study, treatment-emergent adverse events (TEAEs) occurred in 89.0% of patients; serious TEAEs were observed in 18.7% of patients; and severe TEAEs were observed in 16.5% of patients in the study. TEAEs leading to study discontinuation were experienced by 7.7% of patients. There were four deaths, none of which were considered related to TPIP treatment. The most common TEAEs through Month 12 occurring in 5.0% or more of all patients were headache (28.6%), cough (15.4%), nasopharyngitis (14.3%), diarrhea (11.0%), upper respiratory tract infection (9.9%), bronchitis (7.7%), dizziness (6.6%), epistaxis (6.6%), nausea (6.6%), anemia (5.5%), influenza (5.5%), and pneumonia (5.5%). The 12-Month OLE findings support the continued clinical development of TPIP and the recent initiation of PALM-PAH, a Phase 3, randomized, double-blind, placebo-controlled trial evaluating once-daily TPIP in patients with PAH over 24 weeks. The primary endpoint of PALM-PAH is change in 6MWD, with additional assessments of safety, tolerability, and overall efficacy. Insmed plans to publish the 12-Month results from this OLE study in the future. Topline results from the Phase 2b study of TPIP in patients with PAH were previously reported in June 2025. Conference Call Information Insmed management will host a conference call for investors beginning at 8:00 a.m. ET on Thursday, July 16, 2026, to discuss the TPIP OLE study results. Shareholders and other interested parties may participate in the conference call by dialing (800) 715-9871 (U.S.) or +1 (646) 307-1963 (International) and referencing access code 2033335. The call will also be webcast live on the Company's website at www.insmed.com. A replay of the conference call will be accessible approximately one hour after its completion through July 23, 2026, by dialing (800) 770-2030 (U.S. and Canada) or +1 (609) 800-9909 (International) and referencing access code 2033335. A webcast of the call will also be archived for 90 days under the Investor Relations section of the Company's website at www.insmed.com. About TPIP Treprostinil palmitil inhalation powder (TPIP) is a dry powder formulation of treprostinil palmitil, a treprostinil prodrug consisting of treprostinil linked by an ester bond to a 16-carbon chain. Developed entirely in Insmed's laboratories, TPIP is a potentially highly differentiated prostanoid being evaluated as a once-daily therapy for the treatment of patients with PAH, pulmonary hypertension associated with interstitial lung disease (PH-ILD), progressive pulmonary fibrosis (PPF), and idiopathic pulmonary fibrosis (IPF). TPIP is administered in a capsule-based inhalation device. TPIP is an investigational drug product that has not been approved for any indication in any jurisdiction. About the TPIP Open-Label Extension Study The 24-month open-label extension (OLE) study of treprostinil palmitil inhalation powder (TPIP) in patients with pulmonary arterial hypertension (PAH) was designed to evaluate the long-term safety, tolerability, and effectiveness of TPIP administered once daily in patients who completed the lead-in TPIP PAH studies. The OLE is being conducted at 45 sites globally and enrolled 91 eligible patients. The study included a 3-week blinded titration period followed by open-label treatment. Patients who received TPIP in the lead-in studies (TPIP Continued) received their achieved dose of TPIP; patients who received placebo in the lead-in studies (Placebo Crossed), or had delayed rollover, underwent titration starting at 80 µg once daily up to their target dose (i.e., 640 µg or highest tolerated dose) over three weeks. Further escalation up to 1,280 µg was permitted after the initial titration period at investigator discretion to optimize clinical benefit. Outcomes were evaluated against the Phase 2b lead-in study in PAH (NCT05147805) pre-randomization baseline values for relevant measurements. The primary endpoint is evaluating long-term safety and tolerability, including treatment-emergent adverse events (TEAEs) and TEAEs by severity. Secondary endpoints include change from lead-in study pre-randomization baseline in six-minute walk distance (6MWD), N-terminal fragment pro-B-type natriuretic peptide (NT-proBNP) concentration, World Health Organization (WHO) Functional Class, REVEAL Lite 2.0 score, and additional exploratory measures over 24 months of treatment. About Pulmonary Arterial Hypertension Pulmonary arterial hypertension (PAH) is a serious, progressive, rare disease in which the blood vessels in the lungs narrow or become obstructed, leading to high blood pressure in the pulmonary arteries. The most common symptoms include shortness of breath, chest pain, dizziness or fainting, fatigue, and weakness. It is estimated that approximately 35,000 patients in the U.S., 40,000 patients in the EU5 (France, Germany, Italy, Spain, and the UK), and 15,000 patients in Japan have been diagnosed with the disease. Untreated PAH can be debilitating and often fatal. About Insmed Insmed Incorporated is a people-first global biopharmaceutical company striving to deliver first- and best-in-class therapies to transform the lives of patients facing serious diseases. The Company is advancing a diverse portfolio of approved and mid- to late-stage investigational medicines—including two approved therapies to treat chronic, debilitating lung diseases—as well as cutting-edge drug discovery focused on serving patient communities where the need is greatest. Insmed's commercial portfolio and clinical pipeline are organized around three therapeutic areas: Respiratory, Immunology & Inflammation, and Neuro & Other Rare. The Company's research engine is advancing a wide range of technologies and modalities, including gene therapy, AI-driven protein engineering, RNA end-joining, and synthetic rescue, in the pursuit of future pipeline candidates. Headquartered in Bridgewater, New Jersey, Insmed has offices and research locations throughout the United States, Europe, and Japan. Insmed is proud to be recognized as one of the best employers in the biopharmaceutical industry, including spending five consecutive years as the No. 1 Science Top Employer. Visit www.insmed.com to learn more or follow us on LinkedIn, Instagram, YouTube, and X. Forward-looking Statements This press release contains forward-looking statements that involve substantial risks and uncertainties. "Forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995, are statements that are not historical facts and involve a number of risks and uncertainties. Words herein such as "may," "will," "should," "could," "would," "expects," "plans," "anticipates," "believes," "estimates," "projects," "predicts," "intends," "potential," "continues," and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) may identify forward-looking statements. The forward-looking statements in this press release are based upon the Company's current expectations and beliefs, and involve known and unknown risks, uncertainties and other factors, which may cause the Company's actual results, performance and achievements and the timing of certain events to differ materially from the results, performance, achievements or timings discussed, projected, anticipated or indicated in any forward-looking statements. Such risks, uncertainties and other factors include, among others, the following: the risk that the full data set from the OLE study of TPIP in PAH (the "Study") or data generated in further clinical trials of TPIP will not be consistent with the interim results of the Study; the risk that data from the Study, which is conducted in a single-arm, open-label design without a concurrent placebo control group, may not be predictive of, or may differ materially from, results obtained in the Phase 3 PALM-PAH randomized, double-blind, placebo-controlled trial; the risk that the Study's efficacy endpoints, which are secondary and exploratory in nature, may overestimate or otherwise not accurately reflect the true treatment effect of TPIP; failure to successfully conduct future clinical trials for TPIP, such as the Company's planned Phase 3 program for TPIP, including due to the Company's potential inability to enroll or retain sufficient patients to conduct and complete the trials or generate data necessary for regulatory approval, among other things; development of unexpected safety or efficacy concerns related to TPIP; failure of third parties on which the Company is dependent to manufacture sufficient quantities of TPIP for clinical needs, to conduct the Company's clinical trials, or to comply with the Company's agreements or laws and regulations that impact the Company's business or agreements with the Company; failure to obtain regulatory approval for TPIP; inaccuracies in the Company's estimates of the size of the potential markets for TPIP or in data the Company has used to identify physicians; expected rates of patient uptake, duration of expected treatment, or expected patient adherence or discontinuation rates, if TPIP is approved; inability of the Company or the Company's third-party manufacturers to comply with regulatory requirements related to TPIP; the Company's inability to obtain adequate reimbursement from government or third-party payors for TPIP or acceptable prices for TPIP, if approved; restrictions or other obligations imposed on the Company by agreements related to TPIP and failure to comply with the Company's obligations under such agreements; risks that the Company's clinical studies will be delayed or that serious side effects will be identified during drug development; the strength and enforceability of the Company's intellectual property rights or the rights of third parties; and the cost and potential reputational damage resulting from litigation to which the Company may become a party, including product liability claims. The Company may not actually achieve the results, plans, intentions or expectations indicated by the Company's forward-looking statements because, by their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. For additional information about the risks and uncertainties that may affect the Company's business, please see the factors discussed in Item 1A, "Risk Factors," in the Company's Annual Report on Form 10-K for the year ended December 31, 2025 and any subsequent Company filings with the Securities and Exchange Commission (SEC). The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date of this press release. The Company disclaims any obligation, except as specifically required by law and the rules of the SEC, to publicly update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements. Contact: Investors: Bryan Dunn Vice President, Investor Relations (646) 812-4030 [email protected] Media: Claire Mulhearn Vice President, Corporate Communications (862) 842-6819 [email protected] SOURCE Insmed Incorporated |
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Buy The Dip: 2 REITs Getting Way Too Cheap | FMP Stock News | |
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Most REITs rallied, but rare bargains still dipped. Major transformations are creating overlooked upside. 5%+ yields offer income while waiting for recovery. |
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2026-07-16 12:40
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2026-07-16 08:30
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Howard Hughes Holdings Announces Leadership Transition at Vantage | FMP Stock News | |
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July 16, 2026 08:30 ET | Source: Howard Hughes Holdings Inc.Marc Grandisson Appointed Executive Chairman of Vantage David Gansberg Named CEO-Designate THE WOODLANDS, Texas, July 16, 2026 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) (“the Company” or “Howard Hughes”) today announced a leadership transition at Vantage Group Holdings Ltd. (“Vantage”) with Marc Grandisson to become Executive Chairman, effective immediately, and David Gansberg to become CEO once his non-competition obligations are no longer in effect by June 2027. Marc and David bring decades of specialty insurance leadership to Vantage, having spent much of their careers together at Arch Capital Group (NASDAQ: ACGL), which they helped build into one of the world's most respected and profitable specialty insurers and reinsurers. Mr. Grandisson began his career working with insurance executives including Ajit Jain from Berkshire Hathaway and Paul Ingrey at F&G Re before joining Arch's founding team in 2001. He served as CEO of Arch from 2018 until his retirement in 2024, during which Arch generated a total shareholder return of 298%, or 23.2% per annum, driven by disciplined underwriting and skilled cycle management. Mr. Gansberg, who also joined Arch in 2001, led the company's Global Mortgage Group as CEO from 2019 to 2024 and built it into a market leader, before being named President of Arch Capital Group with accountability for its Global Insurance Group. Greg Hendrick, who has served as CEO of Vantage since co-founding the company in 2020, will continue to lead Vantage as CEO until Mr. Gansberg assumes the role, ensuring a seamless transition. Mr. Grandisson will work alongside Mr. Hendrick and the Vantage leadership team during this period. “In Marc and David, we have two of the most accomplished leaders in the industry to guide Vantage into its next chapter,” said Bill Ackman, Executive Chairman of Howard Hughes. “Greg has built the foundations for an exceptional specialty insurance and reinsurance operation, and we are grateful for his leadership. As we look to the future, Marc’s deep underwriting and operating expertise and David’s proven track record of building profitable, durable insurance businesses position Vantage to scale into a large, highly profitable insurance company and an enduring source of long-term value creation for Howard Hughes and its shareholders for decades to come.” "When I joined the Howard Hughes board, I saw a company at an exciting inflection point, and my conviction in the opportunity at Vantage has only grown since," said Marc Grandisson. "Vantage is an exceptional diversified insurance platform which offers tremendous opportunity, and I am honored to join the company as Executive Chairman.” "Building Vantage these past six years has been the privilege of my career," said Greg Hendrick, CEO of Vantage. “We set out to build a specialty reinsurer that sees risk differently — one defined by talent, technology, and a genuine curiosity about the world. I am proud of every person who made it possible. With our recent sale to Howard Hughes, we are now closing our founding chapter and opening an extremely promising long-term future for the company. I am committed to a transition that sets up Marc, David and the Vantage team for even greater success in the future.” About Marc Grandisson Marc Grandisson is the former CEO of Arch Capital Group Ltd. (NASDAQ: ACGL), which he joined in 2001 and became CEO in March 2018. Born and raised in Quebec, Canada, he earned an undergraduate degree in Actuarial Science from Université Laval in 1990 and an MBA from the Wharton School of the University of Pennsylvania in 2000. He is a Fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries and served as Chairman of ABIR (the Association of Bermuda Insurers and Reinsurers) from 2021-22. Prior to ACGL, he worked for Berkshire Hathaway, F&G Re, and Towers Watson. Mr. Grandisson is a minority investor in the NHL’s Carolina Hurricanes and the NBA’s Portland Trail Blazers. About David Gansberg David Gansberg was President, Arch Capital Group Ltd., beginning Nov. 7, 2024 until his recent departure from the company. As President Mr. Gansberg had primary accountability for Arch’s Global Insurance Group, which includes Arch’s North American and International Insurance Operations. From February 2013 through February 2019, he was the President and CEO of Arch Mortgage Insurance Company. From July 2007 to February 2013, Mr. Gansberg was Executive Vice President and a director at Arch Reinsurance Company (“Arch Re (U.S.)”). Prior to that, he held various underwriting, operational and strategic roles at Arch Re Bermuda and Arch Capital Services LLC, which he joined in December 2001. Mr. Gansberg currently serves on the board of directors of Coface SA. He holds a bachelor’s degree in actuarial mathematics from the University of Michigan and an MBA from Duke University. About Vantage Vantage Group Holdings Ltd. (Vantage) was established in late 2020 as a re/insurance partner designed for the future. Driven by relentless curiosity, the Vantage team of trusted experts provides a fresh perspective on clients' risks and adds creativity to tech-enabled efficiency and robust analytics to address risks others avoid. Vantage is a subsidiary of Howard Hughes Holdings Inc. Additional information about Vantage can be found at www.vantagerisk.com. About Howard Hughes Holdings Inc. Howard Hughes Holdings Inc. (NYSE: HHH) is a diversified holding company focused on growing long-term shareholder value. Its principal subsidiaries are Vantage Group Holdings, a leading specialty insurance, reinsurance, and partnership capital platform, and Howard Hughes Communities™, one of the nation’s leading real estate platforms. HHH brings together long-duration capital, high-quality operating businesses, and disciplined capital allocation to build long-term value. For additional information, visit howardhughes.com. Forward-Looking Statements Statements made in this press release that are not historical facts, including statements accompanied by words such as “anticipate,” “will,” “believe,” “expect,” “position,” “assume,” and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in Howard Hughes Holdings Inc.’s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. Howard Hughes Holdings Inc. cautions you not to place undue reliance on the forward-looking statements contained in this release. Howard Hughes Holdings Inc. does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Contacts: Howard Hughes [email protected] 281-929-7700 Francis McGill Pershing Square [email protected] 212-909-2455 John Flannery Vantage Risk [email protected] 203-918-7151 |
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3 Stocks Riding the AI Data Center Power Buildout in July | FMP Stock News | |
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.AI data center construction is a power problem before it is a compute problem, and the equipment that moves, conditions, cools and backs up electricity inside those buildings is where the earnings leverage is showing up first. Three U.S.-listed industrials have become the cleanest ways to own that buildout: Eaton (NYSE:ETN | ETN Price Prediction) for switchgear and thermal management, Vertiv (NYSE:VRT) for critical power and cooling infrastructure and Caterpillar (NYSE:CAT) for on-site backup generation. Each posted a first-quarter beat, each raised guidance, and each is trading with a forward multiple that reflects real order acceleration rather than a story. Here is how they stack up going into the July earnings cycle. The macro backdrop is unusually supportive. The Department of Energy projects data centers will account for up to 12% of U.S. electrical demand by 2028, and PJM Interconnection’s independent market monitor concluded that “data center load growth is the primary reason for recent and expected capacity market conditions” in the country’s largest grid region. That is the tailwind these three names are monetizing. Eaton (ETN): The Compounding Acquirer Eaton makes the electrical guts of a data center: switchgear, busway, power distribution and now liquid cooling after closing Boyd Thermal. Shares traded around $413.98 on July 15, up 26.48% year to date, with a market cap near $158 billion. Forward earnings sits at 30x and the analyst consensus target at $455.79, with 22 Buy or Strong Buy ratings against four Hold ratings. Q1 delivered adjusted EPS of $2.81 versus a $2.73 consensus on revenue of $7.45 billion, up 16.8% year over year. The number to anchor on is Electrical Americas: revenue rose 20% while the twelve-month rolling order book grew 42% organically, driven by data center demand. Total Electrical backlog is up 48%. Management closed $11 billion in acquisitions in the quarter, headlined by Boyd Thermal at $9.55 billion, and raised full-year adjusted EPS guidance to $13.05 to $13.50. CEO Paulo Ruiz called out “significant capacity expansion investments to meet demand” in Electrical Americas. Risk: integration. Net interest expense jumped to $106 million from $33 million year over year, and GAAP EPS fell to $2.22 from $2.45 on acquisition charges. A stumble on Boyd or the planned Q1 2027 Mobility spin-off would compress the multiple quickly. Vertiv (VRT): The High-Growth Pure Play Vertiv is the closest thing to a listed data-center-infrastructure pure play. On July 15, shares changed hands around $300.86, up more than 71% year to date and more than 136% over the past year. Forward earnings sits at 52x, with a consensus target of $377.40 and 22 Buy or Strong Buy ratings calls versus three Hold ratings. SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. The re-rating has fundamentals behind it. Q1 revenue grew 30.1% to $2.65 billion, adjusted EPS of $1.17 beat by 15.68%, and Americas organic sales expanded 44%. Adjusted operating margin expanded 430 basis points to 20.8%. The leading indicator is Q4 2025 orders, which grew 252% year over year, pushing backlog to $15 billion at a book-to-bill near 2.9x. Vertiv joined the S&P 500 in March 2026 after picking up investment-grade ratings in February. Full-year adjusted EPS guidance was raised to $6.30 to $6.40, implying 50% to 52% growth at the midpoint. Risk: valuation and geography. EMEA revenue declined 20.3%, and at 52x forward earnings with a beta of 2.03, any hiccup in the AI CapEx cycle would land squarely on this multiple. Shares already slipped 3.96% in the past week. Caterpillar (CAT): The Scale Play With a Backup Power Kicker Caterpillar is the biggest of the three, at $438 billion in market cap, and its data center exposure runs through large reciprocating engines and turbines used for prime and backup power. Shares traded around $917.58 on July 15, up 53.34% year to date and 126.76% over the past 12 months. Forward earnings comes in at 39x, with an analyst target of $962.49 and a more mixed rating split: 15 Buy or Strong Buy ratings, 11 Hold ratings and two Sell ratings. Q1 EPS of $5.54 topped the $4.64 consensus by 19.3% on revenue of $17.415 billion, up 22.2%. Power Generation, the product line closest to AI infrastructure, grew 41% to $2.817 billion. Momentum has been building for four straight quarters: +28% in Q2 2025, +31% in Q3, +44% in Q4, and +41% in Q1 2026. CEO Joe Creed pointed to “a record backlog” as the foundation for continued momentum. Capital returns underline the scale: $5.0 billion in buybacks and roughly $0.7 billion in dividends in the quarter, with a yield near 0.64%. Risk: tariffs and cyclicality. Resource Industries segment profit fell 39% on tariff-driven manufacturing costs, and Caterpillar’s construction and mining exposure remains cyclical if dealer inventory builds outrun end-user demand. Investors get three distinct expressions of the same trade here: Eaton for compounding execution and M&A optionality, Vertiv for the highest earnings growth rate at the highest multiple, and Caterpillar for scale, capital returns, and a Power Generation line that keeps re-accelerating. Second-quarter reports across the group will be the near-term catalyst worth watching. Want Up To $1,000? SoFi Is Giving New Active Invest Users Free StockLooking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion—open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. From $0 commission trading to fractional shares and automated investing, this app is designed to simplify investing for everyone, whether you’re just starting or already experienced. Its easy to sign up and secure your bonus. Contact [email protected] for any questions or corrections. |
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2026-07-16 12:39
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PJT Partners Inc. Announces Chief Financial Officer Transition | FMP Stock News | |
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-Arun Kalra, PJT Partners Director of Finance, to Become CFO Helen Meates to Step Down From Role After More Than a Decade With the Company NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (the “Company” or “PJT Partners”) (NYSE: PJT) today announced the appointment of Arun Kalra as Chief Financial Officer, effective October 1, 2026. Mr. Kalra will succeed Helen Meates, who will step down as Chief Financial Officer of the Company after more than a decade in the role. Ms. Meates will stay on through year-end 2026 to ensure a seamless transition. Mr. Kalra currently serves as Director of Finance at PJT Partners. He joined the Company in 2016 as Head of Financial Planning and Analysis and has worked closely with Ms. Meates across all aspects of PJT Partners' global finance function, taking on progressively broader responsibilities. Prior to joining PJT Partners, Mr. Kalra was a senior member of the compensation team at UBS. He holds a BSc from the London School of Economics. “Helen has been an extraordinary partner in building PJT Partners since our earliest days, and we are deeply grateful for her contributions to our success,” said Paul J. Taubman, Chairman and Chief Executive Officer. “We are fortunate to have a successor who shares the same standards of leadership, integrity, and commitment to excellence. Our Board of Directors and management team are highly confident that Arun is the right person to lead our finance function forward.” “I am honored to have the opportunity to serve as CFO of PJT Partners and am grateful for the confidence shown in me,” said Mr. Kalra. “I look forward to helping sustain the firm’s significant momentum, building on the strong foundation that Helen has established over the past decade.” “It has been a privilege to serve as CFO of PJT Partners while working alongside Paul and the broader team over the past decade,” said Ms. Meates. “Arun has been an essential member of our finance team from day one. I have complete confidence in his ability to assume these new responsibilities given his strong track record and dedication to the firm.” About PJT Partners PJT Partners is a premier, global, advisory-focused investment bank that was built from the ground up to be different. Our highly experienced, collaborative teams provide independent advice coupled with old-world, high-touch client service. This ethos has allowed us to attract some of the very best talent in the markets in which we operate. We deliver leading advice to many of the world's most consequential companies, effect some of the most transformative transactions and restructurings and raise billions of dollars of capital around the globe to support startups and more established companies. To learn more about PJT Partners, please visit our website at www.pjtpartners.com. More News From PJT Partners Inc. Back to Newsroom |
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2026-07-16 12:37
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FUNToken Expands Deposit Options with LINK Integration | CoinGecko News | |
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FUNToken continues to make joining its ecosystem more accessible by adding LINK as a supported deposit asset. Users can now deposit LINK and have it automatically converted into $FUN with 0% conversion fees, creating an even simpler way to access the growing FUNToken ecosystem.The integration removes unnecessary steps from the onboarding process. Instead of manually swapping assets before participating, users can deposit LINK directly and receive $FUN automatically, allowing them to begin using the ecosystem immediately. As the FUNToken ecosystem continues to expand across gaming, staking, and community rewards, increasing the number of supported assets remains a key priority. Supporting LINK gives users another convenient way to acquire $FUN while maintaining a fast and frictionless experience. Key Highlights LINK is now supported for deposits Automatic conversion from LINK to $FUN 0% conversion fees Fast, seamless deposit experience Instant access to the growing $FUN ecosystem Adding support for LINK is part of FUNToken’s ongoing commitment to improving accessibility and making it easier for more users to participate in the growing $FUN ecosystem. By continuing to expand supported assets, FUNToken is lowering barriers to entry while providing a streamlined experience for both new and existing community members. About FUNToken FUNToken is powering a rapidly expanding digital rewards ecosystem through mobile gaming, staking, wallet services, and community-driven experiences. With a growing portfolio of games, seamless asset support, and an expanding range of earning opportunities, FUNToken continues to make digital rewards more accessible while delivering greater utility for the $FUN token. Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content. Michelle DG Michelle is an editor at CoinCentral & Blockonomi, covering the latest trends in crypto, blockchain, and digital finance. With a sharp eye for detail and a passion for emerging technologies. [email protected] |
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Edwards Lifesciences to Host Earnings Conference Call on July 23, 2026 | FMP Stock News | |
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-IRVINE, Calif.--(BUSINESS WIRE)--Edwards Lifesciences (NYSE: EW) plans to announce its operating results for the quarter ended June 30, 2026 after the market closes on Thursday July 23, and will host a conference call at 5:00 p.m. ET that day to discuss those results. To participate in the conference call, dial (877) 704-2848 or (201) 389-0893. The call will also be available live and archived on the “Investor Relations” section of the Edwards website at ir.edwards.com. About Edwards Lifesciences Edwards Lifesciences is the leading global structural heart innovation company, driven by a passion to improve patient lives. Through breakthrough technologies, world-class evidence and partnerships with clinicians and healthcare stakeholders, our employees are inspired by our patient-focused culture to deliver life-changing innovations to those who need them most. Discover more at www.edwards.com and follow us on LinkedIn, Facebook, Instagram and YouTube. Edwards, Edwards Lifesciences, and the stylized E logo are trademarks of Edwards Lifesciences Corporation. All other trademarks are the property of their respective owners. More News From Edwards Lifesciences Corporation Back to Newsroom |
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2026-07-16 12:35
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DT Midstream to Announce Second Quarter 2026 Financial Results, Schedules Earnings Call | FMP Stock News | |
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DETROIT, July 16, 2026 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) plans to announce second quarter 2026 financial results before the market opens on Thursday, July 30, 2026.DT Midstream has scheduled a conference call to discuss results for 9:00 a.m. ET (8:00 a.m. CT) the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at this link. The participant toll-free telephone dial-in number in the U.S. and Canada is 888.660.6232, and the toll number is 929.203.0890; the conference ID is 1318681. International access numbers are available here. The webcast will be archived on the DT Midstream website at investor.dtmidstream.com. About DT Midstream DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The company transports clean natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. For more information, please visit the DT Midstream website at www.dtmidstream.com. |
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Teradyne Is Expensive At First Glance But Attractive On Growth | FMP Stock News | |
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I rate Teradyne a buy with a $484 price target, implying 43% upside from the current level of $339. TER's earnings model is being rebuilt around AI, benefiting from increased chip complexity and broader testing requirements across the AI supply chain. I estimate AI compute, photonics, robotics, and a recovery in mobile, automotive, and industrial testing can add approximately $5.11 in incremental EPS. |
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2026-07-16 12:32
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PLNT Fraud Notice: Planet Fitness Investors are Reminded to Contact BFA Law about the Filed Securities Fraud Class Action Lawsuit to Recover Investment Losses | FMP Stock News | |
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-A securities fraud class action lawsuit has been filed on behalf of Planet Fitness investors after its stock dropped over 31% relating to Planet Fitness’s failed marketing campaign that alienated the company’s core market, casual gym-goers, and led to disappointing membership growth during the key Q1 sign-up period. NEW YORK--(BUSINESS WIRE)--Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Planet Fitness, Inc. (NYSE:PLNT) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws. A securities fraud class action lawsuit has been filed on behalf of Planet Fitness investors after its stock dropped over 31% relating to Planet Fitness’s failed marketing campaign. ShareIf you invested in Planet Fitness, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit. Key Details of the Planet Fitness ($PLNT) Class Action Lawsuit: Lead Plaintiff Deadline: September 14, 2026Alleged Misconduct: Securities fraud relating to Planet Fitness’s failed marketing campaign that led to disappointing membership growth during the key Q1 sign-up periodStock Drop: May 7, 2026 – 31% Stock DropCourt: U.S. District Court for the District of New HampshireTake Action: Contact BFA Law to discuss your rightsInvestors have until September 14, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Planet Fitness common stock. The class action is pending in the U.S. District Court for the District of New Hampshire. It is captioned Matsunaga v. Planet Fitness, Inc., et al., No. 26-cv-00576. Why is Planet Fitness Being Sued for Securities Fraud? Planet Fitness is a large franchisor and operator of fitness centers across the United States. The company aims to offer a fitness experience in a non-intimidating environment, which it calls the Judgement Free Zone. The complaint alleges that throughout the relevant period, Planet Fitness misrepresented the success of its marketing campaign to focus on “fitness-minded” members. For instance, Planet Fitness told investors that it “continue[d] to lean into our ‘we are all strong on this Planet’ campaign.” Planet Fitness also stated that “[b]ecause this campaign resonated so strongly last year, we extended it into 2026.” In truth, Planet Fitness’s marketing campaign alienated fitness beginners and more casual gym-goers, which traditionally had been the company’s focus and would be forced to restructure its marketing strategy. This caused the company to halt planned increases which its sales projections were premised on. Why did Planet Fitness’s Stock Drop? On May 7, 2026, Planet Fitness released its Q1 2026 financial results. The company announced disappointing membership growth and cut 2026 revenue growth guidance from approximately 9% to about 7% and adjusted EBITDA growth guidance from roughly 10% to approximately 6%. During the same-day earnings call, the company stated that its marketing “may have pivoted too far” as the company “shift[ed] from [its] lighthearted approachable tone” to one that “increased penetration with the fitness-minded.” As such it announced that, “we are pausing the planned national Black Card price increase pending a broader pricing review.” This news caused the price of Planet Fitness stock to decline $19.95 per share, or 31%, from a closing price of $63.96 per share on May 6, 2026, to $44.01 per share on May 7, 2026. Click here for more information: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit. What Can You Do? If you invested in Planet Fitness, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit Or contact: Adam McCall [email protected] 212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.” Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit Attorney advertising. Past results do not guarantee future outcomes. More News From Bleichmar Fonti & Auld LLP Back to Newsroom |
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2026-07-16 12:31
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2026-07-16 07:35
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Kennedy Wilson Announces Add-On Senior Notes Offering | FMP Stock News | |
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-BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Kennedy-Wilson, Inc. (the “Issuer”), a wholly-owned subsidiary of global real estate investment company Kennedy-Wilson Holdings, Inc. (the “Company” or “Kennedy Wilson”), today announced that it has commenced a private offering (the “Offering”) of $200 million aggregate principal amount of additional 7.250% senior notes due 2033 and/or additional 7.000% senior notes due 2031 (as applicable, the “Additional Notes”) pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). On May 29, 2026, the Issuer issued an aggregate principal amount of $700 million of 7.250% senior notes due 2033 and $1.1 billion of 7.000% senior notes due 2031 (as applicable, the “Existing Notes”). The Additional Notes and the Existing Notes will be treated as the same series for all purposes under the indenture that governs the Existing Notes, and that will govern the Additional Notes. The Additional Notes will have the same terms, other than issue date and initial price, as the Existing Notes. The Existing Notes are, and on the issue date of the Additional Notes, the Additional Notes will be, fully and unconditionally guaranteed on an unsecured basis by the Company and certain subsidiaries of the Issuer. The guarantees will rank equally in right of payment with all existing and future senior indebtedness of the guarantors and senior in right of payment to all existing and future subordinated indebtedness of the guarantors. There can be no assurance that the Offering will be completed. The Issuer intends to use the net proceeds from the sale of the Additional Notes to repay a portion of the indebtedness outstanding under the unsecured revolving credit facility. This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any securities. The Additional Notes and the guarantees will be offered only to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) and to certain persons outside the United States pursuant to Regulation S under the Securities Act. The Additional Notes have not been and will not be registered under the Securities Act or under any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act, and, accordingly, are subject to significant restrictions on transfer and resale. About Kennedy Wilson Kennedy Wilson is a leading real estate investment company with $36 billion of assets under management in high growth markets across the United States, the UK and Ireland. Drawing on decades of experience, its relationship-oriented team excels at identifying opportunities and building value through market cycles, closing more than $60 billion in total transactions across the property spectrum since 2009. Kennedy Wilson owns, operates, and builds real estate within its high-quality, core real estate portfolio and through its investment management platform, where the company targets opportunistic equity and debt investments alongside partners. Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Issuer’s financing plans, including statements related to the Offering of the Additional Notes and the intended use of net proceeds of the Offering. These forward-looking statements are necessarily estimates reflecting the judgment of the Company’s senior management based on the Company’s current estimates, expectations, forecasts and projections and include comments that express the Company’s current opinions about trends and factors that may impact future results. Disclosures that use words such as “believe,” “may,” “anticipate,” “estimate,” “intend,” “could,” “plan,” “expect,” “project” or the negative of these, as well as similar expressions, are intended to identify forward-looking statements. Forward-looking statements involve significant known and unknown risks and uncertainties that may cause the Company’s actual results in future periods to differ materially from those projected or contemplated in the forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. There can be no assurance that the Offering of the Additional Notes will be completed, and there are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein as a result of various factors, including, without limitation, risks related to whether the Issuer will consummate the offering of the Additional Notes on the expected terms, or at all, market and other general economic conditions, whether the Issuer and the guarantors will be able to satisfy the conditions required to close any sale of the Additional Notes, the ability of the Issuer to use the proceeds from any sale of the Additional Notes as currently intended and other risks that could affect the Company’s business, financial condition or results of operations. Forward-looking statements are not guarantees of future performance, rely on a number of assumptions concerning future events, many of which are outside of the Company’s control, and involve known and unknown risks and uncertainties that could cause the Company’s actual results, performance or achievement, or industry results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties may include the risks and uncertainties described elsewhere in this press release, in other filings with the Securities and Exchange Commission (the “SEC”) and in the offering memorandum for the Additional Notes. Any such forward-looking statements, whether made in this press release or elsewhere, should be considered in the context of the various disclosures made by the Company about its business including, without limitation, the risk factors discussed in the Company’s filings with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. Except as required by applicable law, neither the Issuer nor the Company undertakes any obligation to update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. KW-IR More News From Kennedy-Wilson, Inc. Back to Newsroom |
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2026-07-16 12:29
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2026-07-16 08:00
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Integra LifeSciences to Host Second Quarter 2026 Financial Results Conference Call on July 29, 2026 | FMP Stock News | |
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PRINCETON, N.J., July 16, 2026 (GLOBE NEWSWIRE) -- Integra LifeSciences Holdings Corporation (NASDAQ: IART), a leading global medical technology company, will release second quarter 2026 financial results on Wednesday, July 29, 2026, prior to the market open. In conjunction with the earnings release, Integra’s management team will host a conference call at 8:30 a.m. ET.A live webcast will be available on the Investors section of the Company’s website at investor.integralife.com. For those planning to participate on the call, register here to receive dial-in details and an individual pin. While not required, joining 10 minutes before the event starts is recommended. A webcast replay of the conference call will be available on the Investors section of the Company’s website following the call. About Integra LifeSciences Integra LifeSciences (Nasdaq: IART) is a global medical technology leader dedicated to restoring lives. We are advancing transformational care through impactful innovation in neurosurgery and tissue reconstruction, specialized fields that demand exceptional expertise and precision. Our portfolio of highly differentiated, gold-standard technologies are trusted by healthcare professionals to deliver life-saving care. For our latest news and information, visit www.integralife.com. Investor Relations: Chris Ward (609) 772-7736 [email protected] Media Contact: Laurene Isip (609) 208-8121 [email protected] Integra LifeSciences Holdings Corporation |
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Hollister Features Rising Pop Superstar Freya Skye in “Made for this Moment” Denim Campaign | FMP Stock News | |
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NEW ALBANY, Ohio, July 16, 2026 (GLOBE NEWSWIRE) -- Hollister Co. (“Hollister”), a division of Abercrombie & Fitch Co. (NYSE: ANF), announces the launch of its women’s fall denim campaign with rising popstar Freya Skye. The latest collection celebrates self-expression, confidence and the versatility of denim made for modern moments.At the center of the campaign is Freya Skye, who embodies what it means to be “Made for this Moment.” As she tours, writes and lives in denim, Freya brings an authentic perspective shaped by her life in music and as a longtime fan of Hollister. Through a series of dynamic images and video content, the campaign captures Freya on stage, behind the scenes and in everyday moments, highlighting Hollister denim as a foundation for individuality. Together, Hollister and Freya celebrate personal style, encouraging customers to show up as themselves wherever life takes them. Extending the partnership beyond the campaign, Hollister will launch limited-edition product, serve as an official sponsor of Freya Skye’s North America and UK and European tour, and host exclusive in-store appearances across the U.S. and Europe this fall. This season’s denim collection features an updated range of styles, including ultra-low rise, baggy fits, adjustable waist and more. Designed with comfort, versatility and trend-forward styling in mind, the assortment offers pieces that can be dressed up or down, from everyday adventures to special occasions. “Denim has always been a staple of self-expression, and this Hollister collection reflects the personal style and individuality we see in our customers,” said Carey Collins Krug, chief marketing officer at Abercrombie & Fitch Co. “Music is central to how our customers express themselves, and Freya’s authenticity, creativity and energy make her a natural partner for this campaign.” “Hollister has been a part of my life for as long as I can remember, and it’s always felt like a brand everyone connects to. I grew up with Hollister, so being able to partner together now feels incredibly surreal,” said Freya Skye. “Hollister’s laidback, versatile style really reflects how I live, always moving between everyday moments and being on stage, which is why I love their denim. For me, the perfect pair of jeans is something I can wear all day, no matter the occasion. I love how this collection lets you style pieces your own way while feeling comfortable and confident - it’s made for every moment.” The campaign will roll out across digital, social and in-store channels, featuring exclusive content and behind-the-scenes moments inspired by Freya’s world in music. The new denim collection is available now in Hollister stores and online in sizes 00 to 20, starting at $49.95. About Hollister Hollister creates quality apparel, accessories and fragrance made for capturing moments, creating memories and being unapologetically you. Hollister Co. is a division of Abercrombie & Fitch Co. (NYSE: ANF) and is sold through more than 500 stores worldwide and at HollisterCo.com About Freya Skye Rising popstar Freya Skye continues to soar into the stratosphere - amassing over 2.5 billion streams of her music and garnering over 5 million social media followers, with sold-out concerts worldwide. In everything Freya does - from unforgettable live shows to deeply personal songwriting to impactful acting - her talent and authenticity shine through. Her relatable connection with fans, her kindness, and her accessibility invite a sense of community around the globe. Since the beginning of 2026, Freya's achievements include breaking into the Billboard Hot 100, and her debut EP "stardust" debuting in the Top 100 in both the U.S. and UK. Her breakout hit "silent treatment" landed on the cover of Spotify's Pop Rising, among others, and broke into the Top 10 on Mediabase's Top 40 Pop Radio Chart - earning unprecedented support across the UK with Capital, BBC Radio 1, and Bauer; in Australia with NOVA, Hit Network, iHeart, and Triple J; and countless others around the world. She has sold out every one of her 100+ concerts this year, growing from 200 to upwards of 7,000 tickets a market since January. Her "stardust" EP hit #1 on the Billboard Vinyl Chart and UK Vinyl Charts. Media Contact: [email protected] Investor Contact: Mohit Gupta Abercrombie & Fitch Co. (614) 283-6877 [email protected] Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4af4f945-d343-4f6d-8bf8-826791877a63 https://www.globenewswire.com/NewsRoom/AttachmentNg/3b9199e9-9a67-4485-9c85-c721f91c306e https://www.globenewswire.com/NewsRoom/AttachmentNg/90021b65-1347-4d77-9744-b4a8863e6d4f |
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2026-07-16 12:28
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MasTec Schedules Second Quarter 2026 Earnings Conference Call | FMP Stock News | |
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CORAL GABLES, Fla.--(BUSINESS WIRE)--MasTec, Inc. (NYSE: MTZ) will release its second quarter financial results on Thursday, July 30, 2026, after the market close. In addition, MasTec's senior management will host a webcast to review these results on Friday, July 31, 2026, at 9:00 a.m. ET. The event will be broadcast live and can be accessed through the MasTec Investor Relations website at https://investors.mastec.com/events-presentations/events. A replay link, along with the earnings release a. |
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Silver tumbles as energy-driven inflation fears keep rate outlook elevated | FMP Forex News | |
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Silver (XAG/USD) falls toward $56.70 at the time of writing on Thursday, down 1.85% on the day. The white metal comes under selling pressure as renewed tensions between the United States (US) and Iran drive energy prices higher, reviving concerns about persistently elevated global inflation.Higher Oil prices are fueling expectations that inflation could remain above central bank targets for longer. This scenario prompts investors to anticipate tighter monetary conditions for an extended period, an environment that is generally unfavorable for non-yielding assets such as Silver. Geopolitical concerns intensified after US President Donald Trump threatened to expand attacks on Iranian infrastructure if Tehran refuses to return to the negotiating table. Meanwhile, the suspension of crude loading operations at several Iraqi terminals following a drone-related incident has heightened fears of global Oil supply disruptions, providing additional support to energy prices. At the same time, recent US inflation data is helping to limit Silver's downside. The latest Consumer Price Index (CPI) and Producer Price Index (PPI) reports for June showed a further moderation in price pressures, prompting markets to scale back expectations of additional monetary tightening by the Federal Reserve (Fed). According to the CME FedWatch tool, the chance of a Fed interest rate hike at the July meeting has fallen to around 10%, down from above 30% a week ago. The decline in hawkish expectations is limiting downside pressure on precious metals, even as energy-driven inflation concerns continue to weigh on market sentiment. Silver FAQs Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets. Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices. Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices. Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver. |
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Pound Sterling Price News and Forecast: GBP/USD dip-buying favored on pullbacks below 1.3500 | FMP Forex News | |
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Pound Sterling Price News and Forecast: GBP/USD dip-buying favored on pullbacks below 1.3500 |
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2026-07-16 08:23
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EUR/TRY Nears Key Barrier: Will the Uptrend Finally Break Through? | FMP Forex News | |
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Summary:The EUR/TRY pair is testing a major 54.00 resistance level, a psychological barrier that previously triggered a significant technical rejection of the euro Persistent double-digit inflation and high energy import costs continue to structurally weaken the Turkish lira against the euro’s ongoing upward momentum Traders are awaiting the July 23 central bank policy meeting, where any unexpected hawkish signals could spark a sharp rally in the lira The euro has regained some ground against the Turkish lira after a period of decline in late June. The pair is currently trading near the 54.00 level, which has previously acted as a resistance point. This technical level raises questions about the potential for further advances and the continuation of the broader upward trend. Why the Lira Keeps Losing Ground Several factors are contributing to the lira’s continued depreciation. Turkey is experiencing persistent high inflation, with the annual rate at 32.11% in June, a slight decrease from 32.61% in May. This figure remains significantly above the central bank’s medium-term objectives. The Central Bank of the Republic of Turkey (CBRT) has maintained its policy rate at 37% for three consecutive meetings. This pause followed an aggressive easing cycle, which was complicated by rising energy prices due to Middle East conflict, impacting the path to lower inflation. Turkey relies heavily on imported energy, so when Brent crude oil prices jump, it puts a strain on the country’s trade balance. This forces local businesses to keep selling lira to buy foreign currency to pay for fuel. Governor Fatih Karahan has clearly stated that the bank needs to see more solid proof of inflation slowing down and better clarity on the geopolitical situation before they start cutting rates again. The next policy meeting is on July 23. Until then, the central bank’s message is basically wait and see. Can the EUR/TRY Pair Break 54.00? Regarding the potential for the EUR/TRY pair to break above 54.00, the underlying macroeconomic conditions have not substantially changed, suggesting a continued test of recent highs. Analysts describe the lira’s depreciation as a managed, gradual movement rather than a sharp devaluation. The CBRT has intervened periodically to moderate volatility without reversing the overall trend. This approach typically results in incremental movements toward resistance levels, which is consistent with the pair’s two previous attempts at the 54.00 mark. For a decisive break, we’d probably need one of a fresh worsening of Turkish inflation expectations, a hawkish surprise from the ECB, or renewed geopolitical escalation pushing energy prices even higher. Without one of those catalysts, the pair might just keep consolidating right below that barrier. If the EUR/TRY fails to break past this barrier over the next few sessions, a technical double-top pattern could emerge. This would likely trigger quick profit-taking by short-term momentum traders, potentially sending the pair sliding back down to test support at 53.50 and 53.12. The Euro is also fighting its own battle. Softening economic growth indicators in the Eurozone or a shift by the ECB towards a more aggressive rate-cutting cycle could diminish the euro’s inherent buying support, thereby capping upside potential for the EUR/TRY. Why is EUR/TRY struggling near 54.00? This level marked a prior rejection point, and with no fresh catalyst yet, the pair is consolidating there rather than breaking through decisively. Where does the Central Bank of the Republic of Turkey’s primary benchmark one-week repo rate currently sit? The Monetary Policy Committee of the Central Bank of the Republic of Turkey has held its key one-week repo interest rate at 37%. Why does a rise in global oil prices structurally weaken the Turkish lira against major foreign currencies? Turkey imports nearly all its energy. Therefore, surging oil costs widen its trade deficit by forcing domestic firms to sell lira for foreign currencies. |
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UNITED PARKS & RESORTS INC. ANNOUNCES SECOND QUARTER 2026 EARNINGS RELEASE DATE AND CONFERENCE CALL INFORMATION | FMP Stock News | |
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, /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS) announced today that it will release its second quarter financial results before the market opens on Tuesday, August 4, 2026. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet on Tuesday, August 4, 2026, at 9 a.m. Eastern Time. The release and the conference call can be accessed via the Company's website at www.UnitedParksInvestors.com.For those unable to participate in the live webcast, a replay will be available beginning at approximately 12 p.m. Eastern Time on August 4, 2026, under the "Events & Presentations" tab of www.UnitedParksInvestors.com. A replay of the call can also be accessed telephonically from approximately 12 p.m. Eastern Time on August 4, 2026, through 11:59 p.m. Eastern Time on August 11, 2026, by dialing (800) 770-2030 from anywhere in the U.S. or Canada, or (609) 800-9909 from other international locations and entering the conference code 5841517. About United Parks & Resorts Inc. United Parks & Resorts Inc. (NYSE: PRKS) is a global theme park and entertainment company that owns or licenses a diverse portfolio of award-winning park brands and experiences, including SeaWorld®, Busch Gardens®, Discovery Cove, Sesame Place®, Water Country USA, Adventure Island, and Aquatica®. The Company's seven world-class brands span 13 parks in seven markets across the United States and Abu Dhabi, offering experiences that matter with exhilarating thrill and family-friendly rides, coasters, and experiences, inspiring up-close and educational presentations with wildlife, and other various special events throughout the year. In addition, the Company collectively cares for one of the largest zoological collections in the world, is a global leader in animal welfare, training, and veterinary care, and is one of the leading marine animal rescue organizations in the world with a legacy of rescuing and caring for animals that spans over 60 years, including coming to the aid of over 43,000 animals in need. To learn more, visit www.UnitedParks.com. Copies of this and other news releases as well as additional information about United Parks & Resorts Inc. can be obtained online at www.unitedparks.com. Shareholders and prospective investors can also register to automatically receive the Company's press releases, SEC filings and other notices by e-mail by registering at that website. Contact: Investor Relations Inquiries: Matthew Stroud Investor Relations 888-410-1812 [email protected] Media Inquiries: AnneMarie Iturrizaga United Parks & Resorts Inc. [email protected] SOURCE United Parks and Resorts Inc. |
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Organon to Report Second Quarter 2026 Results in Its Regularly Scheduled Form 10-Q Filing | FMP Stock News | |
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JERSEY CITY, N.J.--(BUSINESS WIRE)--Organon (NYSE: OGN), a global healthcare company with a mission to deliver impactful medicines and solutions for a healthier every day, plans to release its second quarter 2026 financial results via its regularly scheduled Form 10-Q filing with the Securities and Exchange Commission (“SEC”). The company also plans to disclose certain non-GAAP financial measures and their reconciliation to their comparable GAAP measures for the second quarter 2026, which will be disclosed in a Form 8-K filing to be filed on the same day as the Form 10-Q. During the pendency of the previously announced acquisition by Sun Pharmaceutical Industries Limited on April 26, 2026, Organon has suspended its quarterly earnings calls.IPR&D and Milestones Organon currently expects to record approximately $1 million of milestone expense in the second quarter of 2026. Organon’s second quarter results have not been finalized and are subject to the company’s quarterly financial statement closing procedures. There can be no assurance that actual results will not differ from the preliminary estimates described herein. About Organon Organon (NYSE: OGN) is a global healthcare company with a mission to deliver impactful medicines and solutions for a healthier every day. With a portfolio of over 70 products across Women’s Health and General Medicines, which includes biosimilars, Organon focuses on addressing health needs that uniquely, disproportionately or differently affect women, while expanding access to essential treatments in over 140 markets. Headquartered in Jersey City, New Jersey, Organon is committed to advancing access, affordability, and innovation in healthcare. Learn more at www.organon.com and follow us on LinkedIn, Instagram, X, YouTube, TikTok and Facebook. Cautionary Note Regarding Forward-Looking Statements The information above reflects management’s current intentions and expectations for the future with respect to Organon’s expectations regarding the filing of its Form 10-Q for the quarter ended June 30, 2026 and related Form 8-K with certain non-GAAP financial measures and comparable GAAP measures and its milestone expenses, which constitute “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are subject to a number of risks, assumptions, uncertainties and other factors, such as the completion of Organon’s quarter-end closing process, including review by management and the audit committee of the Organon’s board of directors, which could result in material changes to the preliminary estimates described herein. Risks and uncertainties include, but are not limited to uncertainties as to the timing of the proposed transaction with Sun Pharma; the risk that the proposed transaction may not be completed on the anticipated terms in a timely manner or at all; the failure to satisfy any of the conditions to the consummation of the proposed transaction, including receiving, on a timely basis or otherwise, the minimum vote required by Organon’s stockholders to approve the proposed transaction; the possibility that competing offers or acquisition proposals for Organon will be made; the possibility that any or all of the various conditions to the consummation of the proposed transaction may not be satisfied or waived, including the failure to receive any required regulatory approvals from any applicable governmental entities (or any conditions, limitations or restrictions placed on such approvals); the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive agreement, including in circumstances which would require Organon to pay a termination fee; the effect of the announcement or pendency of the proposed transaction on Organon’s ability to retain and hire key personnel, its ability to maintain relationships with its customers, suppliers and others with whom it does business, or its operating results and business generally; risks related to diverting management’s attention from Organon’s ongoing business operations; the risk that stockholder litigation in connection with the proposed transaction may result in significant costs of defense, indemnification and liability; certain restrictions during the pendency of the proposed transaction that may impact Organon’s ability to pursue certain business opportunities or strategic transactions; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Organon’s common stock, including if the proposed transaction is not consummated; risks that the benefits of the proposed transaction are not realized when and as expected; and legislative, regulatory and economic developments. Although Organon believes that the expectations reflected in its forward-looking statements are reasonable, it cannot assure that those expectations will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by Organon on its website or otherwise. Organon undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Factors that could cause results to differ materially from those described in the forward-looking statements can be found in Organon’s filings with the SEC, including Organon’s most recent Annual Report on Form 10-K and subsequent SEC filings (as amended, where applicable), available at the SEC’s Internet site (www.sec.gov). Additional Information and Where to Find It This press release may be deemed to be solicitation material in respect of the proposed transaction between Organon, Sun Pharmaceutical Holdings USA, Inc. and Sun Pharma America, Inc. In connection with the proposed transaction, Organon filed relevant materials with the SEC, including Organon’s definitive proxy statement on Schedule 14A with the SEC on June 17, 2026, which is available at https://www.sec.gov/Archives/edgar/data/1821825/000119312526266707/d141679ddefa14a.htm (the “Merger Proxy Statement”). Organon mailed the Merger Proxy Statement and a proxy card to its stockholders in connection with the proposed transaction. INVESTORS AND STOCKHOLDERS OF ORGANON ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE MERGER PROXY STATEMENT, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT ORGANON, SUN PHARMACEUTICAL HOLDINGS USA, INC., SUN PHARMA AMERICA, INC. AND THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and stockholders of Organon are able to obtain these documents free of charge from the SEC’s website at www.sec.gov, or through the investor relations section of Organon’s website, https://www.organon.com. Participants in the Solicitation Organon and its directors, executive officers and other members of management and employees, under SEC rules, may be deemed to be “participants” in the solicitation of proxies from stockholders of Organon in favor of the proposed transaction. Information about Organon’s directors and executive officers is set forth in the Merger Proxy Statement, which is available at https://www.sec.gov/Archives/edgar/data/1821825/000119312526266707/d141679ddefa14a.htm. To the extent holdings of Organon’s securities by its directors or executive officers have changed since the amounts set forth in the Merger Proxy Statement, such changes have been or will be reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1821825. Additional information concerning the interests of Organon’s participants in the solicitation, which may, in some cases, be different than those of Organon’s stockholders generally, are set forth in the Merger Proxy Statement. More News From Organon & Co. |
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2026-07-16 12:24
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2026-07-16 05:46
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Apollo Global Just Got Kicked Out of the Russell Growth Indexes. Is the Forced Selling a Buying Opportunity? | FMP Stock News | |
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Apollo Global Management's (APO +1.58%) stock price is down about 15% in recent weeks. The decline is mainly tied to the annual reconstitution of the Russell indexes. Apollo, an alternative asset manager, was removed from the Russell 1000 Growth Index following the latest reconstitution, which took effect on June 26.In the algorithms that Russell uses to reconstitute its various indexes, Apollo no longer exhibited the traits of a growth stock. Instead, it was deemed a value stock and was moved into the Russell 1000 Value Index. Right after the rebalancing took effect, Apolloʻs stock price dropped sharply and is now trading at roughly $120 per share, off 18% year to date. But is this an opportunity to buy low on this growth-turned-value stock? Image source: Getty Images. Growth to value A big reason Apollo stock dropped is that it got kicked out of two massive growth exchange-traded funds (ETFs) -- the $127 billion iShares Russell 1000 Growth ETF (IWF +0.28%) and the $44 billion Vanguard Russell 1000 Growth ETF (VONG +0.26%). Losing invested capital from these sizeable funds, literally overnight, can leave a big dent in the stock price. It did get added to two value ETFs -- the $81 billion iShares Russell 1000 Value ETF (IWD +0.37%) and the $20 billion Vanguard Russell 1000 Value ETF (VONV +0.47%). But combined, these two ETFs have almost $75 billion less in assets to invest than the two growth ETFs. That aside, Apollo Global still has strong fundamentals, and this rebalancing could present an excellent buying opportunity. Showtime for Apollo? Apollo stock looks like a good buy right now, with some momentum following a strong first quarter. As an alternative asset manager, it invests in private equity, private debt, and other alternative investments. These assets tend to have a low correlation to stocks, often performing well when stocks don't -- like they did in the first quarter. Today's Change ( 1.58 %) $ 1.90 Current Price $ 121.83 In Q1, Apollo had record fee-related income of $728 million, up 30% year over year, while adjusted net income rose 8% to $1.2 billion. Wall Street analysts project 21% revenue growth in 2026 and 14% growth in 2027. Earnings are expected to rise 6% this year and another 20% in 2027. One concern that contributed to the sell-off was a June 22 Securities and Exchange Commission (SEC) filing that said Apollo was capping redemptions at 5%. This was most likely due to high redemption requests to its flagship fund, Apollo Debt Solutions, totalling 16.8% of the fund. This was sparked by heightened concerns among investors about problems in the private credit market. It's the second quarter in a row that they've put redemption caps in place. While private credit has been resilient, it is something to watch. Apollo is a good value on a forward earnings basis Apollo's price-to-earnings (P/E) ratio is high, but that's because it took GAAP (generally accepted accounting principles) losses last quarter due to a high one-time offshore tax-related expense. But on a forward earnings basis, it is relatively cheap, trading at 13 times forward earnings. Some 73% of Wall Street analysts rate it as a buy, with a median price target of $150 per share. That would suggest 25% upside. I think reconstitution will benefit investors, as they can now get this value stock at a discount. |
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J.B. Hunt Stock Jumps as Earnings Exceed High Expectations for Trucking | FMP Stock News | |
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Wednesday, J.B. Hunt reported earnings per share of $1.91, up 45% year over year, from sales of $3.5 billion, up 19%. |
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2026-07-16 12:23
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2026-07-16 06:30
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Zelman, A Walker & Dunlop Company, Launches Speakers Bureau Featuring Leading Voices in Housing and Commercial Real Estate | FMP Stock News | |
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BETHESDA, Md.--(BUSINESS WIRE)--As investors, developers, lenders and corporate leaders navigate one of the most consequential periods for housing and commercial real estate in decades, Zelman, a Walker & Dunlop company, today announced the launch of the Zelman Speakers Bureau, providing organizations with direct access to some of the industry's most respected analysts and thought leaders.From interest rate volatility and affordability pressures to capital markets, demographic shifts and evolving investment strategies, audiences are looking for more than market commentary. They want informed perspectives from experts who shape industry conversations. Through the Speakers Bureau, conference organizers, corporate boards, trade associations and executive teams can engage Zelman's nationally recognized experts for keynote presentations, panel discussions, executive briefings and custom workshops. "Today's market demands informed views grounded in data, industry relationships and real-world experience," said Ivy Zelman, EVP and co-founder of Zelman, a Walker & Dunlop Company. "Our team is in constant dialogue with builders, developers, investors and operators across the country, giving us a front-row seat to the trends reshaping housing and commercial real estate. Our Speakers Bureau brings those insights directly to organizations so they can make those strategic decisions." Recognized throughout the industry, Zelman's analysts cover every segment of the housing ecosystem, including homebuilding, multifamily, single-family rentals, manufactured housing, building products, consumer, real estate services and mortgage finance. The Speakers Bureau features several of Zelman's leading analysts, including Alan Ratner, Ryan McKeveny, McClaran Hayes, Marius Morar, and Jesse Lederman. Collectively, they bring decades of industry experience and are frequent speakers at leading conferences and contributors to national business media, including CNBC, Barron’s and The Wall Street Journal. Supported by the broader expertise of Walker & Dunlop, one of the nation's largest commercial real estate finance and advisory firms, speakers can also provide perspective on commercial real estate capital markets, demographics and the broader macroeconomic forces influencing real estate performance. Speaking engagements can be tailored to virtually any audience, with topics ranging from U.S. housing market trends and homebuilding to multifamily, mortgage finance, building products, housing policy and investment strategy. For more information on this opportunity or to request a speaker, visit our website. Founded in 2007, Zelman, a Walker & Dunlop Company, is the leading institutional research advisory and investment banking firm dedicated exclusively to the U.S. housing industry. Zelman provides distinguished institutional research and investment banking capabilities with the highest levels of client service, trust, sophistication and credibility unique to the housing, institutional research and investment banking industries. All securities offered through Zelman Partners LLC, a registered broker dealer and member of FINRA and SIPC. About Walker & Dunlop Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry. More News From Walker & Dunlop, Inc. |
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2026-07-16 12:22
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Bath & Body Works Expands Global Footprint With Entry Into Brazil | FMP Stock News | |
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COLUMBUS, Ohio, July 16, 2026 (GLOBE NEWSWIRE) -- Bath & Body Works, a global leader in personal care and home fragrance, today announced its entry into Brazil with the debut of its first store and digital destination, bathandbodyworks.com.br. This entry strengthens Bath & Body Works' global footprint as the brand expands its reach into prime international markets where consumer demand for fragrance and self-care is strong and growing.Now open at Morumbi Shopping—one of São Paulo’s premier retail destinations—Bath & Body Works’ first store in Brazil brings the brand’s market-leading fragrance expertise to new consumers with an assortment of iconic and beloved scents across body care and home. Brazil is recognized as one of the world’s largest beauty markets where demand for accessible, high-quality fragrance is growing. Brazilian consumers see fragrance as an essential part of their daily self-care routine, often layering multiple scents to create a more personalized experience. As a global fragrance leader with a wide portfolio of accessible, high-quality scents, Bath & Body Works is well positioned to meet this consumer demand. "The best opportunities are where consumers already love the category,” said Daniel Heaf, Bath & Body Works chief executive officer. “Brazil is one of the largest and most passionate fragrance markets in the world, making it a natural place for Bath & Body Works. We're excited to bring our fragrances to more consumers and become part of how they express themselves every day.” Brazilian consumers can shop a wide assortment of Bath & Body Works’ perfumer-crafted, fan-favorite collections. These include Champagne Toast, A Thousand Wishes, In the Stars, Into the Night, Gingham and Warm Vanilla Sugar across body care and home fragrance, including fine fragrance mist, body cream, lotion, eau de parfum, body wash, hand soap, 3-wick candles and more. In addition to best-sellers and brand icons, Bath & Body Works localizes its assortments through a strong franchise partner model. By tapping into partners’ deep regional consumer expertise, the brand can refine its approach and curate product offerings that resonate with fragrance preferences across global markets. In Brazil where demand for fruity and tropical scents is strong, the product assortment was tailored to meet these specific preferences. Consumers can explore fragrances like Waikiki Beach Coconut, Pink Pineapple Sunrise, Mango Papaya Paradise, Rainforest Falls and Sea Salt Coast. The Viva collection, which first debuted in U.S. stores, is also represented in this assortment. It was developed alongside world-class perfumers and features fragrances inspired by Brazil’s vibrant culture, energetic spirit and breathtaking scenery. This collection includes: Viva Brazil, a bright, juicy blend of fresh guava, maracuja zest and coconut water. Available in body care, 3-wick and single wick candles, diffusers and hand soap. Dreaming of Rio, an evocative escape featuring golden banana, gardenia petals and sunlit cedarwood. Available in body care.Warm Summer Evening, warm florals, calming amber and velvety sandalwood. Available in 3-wick and single wick candles and hand soap.Banana Cream Latte, a playful gourmand scent with whipped banana, smooth espresso and sweet cream. Available in a 3-wick candle. International growth remains a key pillar of the brand’s strategy to place Bath & Body Works in new environments that strengthen discovery, drive awareness and attract new consumers, creating new pathways into the brand. Today, Bath & Body Works has more than 550 international locations spanning six continents and over 45 countries. Driven by strong global demand, Bath & Body Works continues to accelerate international growth, expanding its store footprint and reach to consumers worldwide. ABOUT BATH & BODY WORKS Bath & Body Works is a global leader in personal care and home fragrance, driven by the belief that everybody deserves to feel good. The brand’s beloved and iconic scents are expertly crafted for exceptional performance and a luxury fragrance experience. Formulated with thoughtfully chosen ingredients, Bath & Body Works’ body care products are available in multiple forms including fine fragrance mist, body cream, lotion, eau de parfum, body wash, hand soap, sanitizer and more. The brand’s famous 3-wick candles are made with rich, high-quality fragrance oils layered throughout a premium soy wax base, for up to 45 hours of room-filling fragrance. Consumers can shop Bath & Body Works anytime and anywhere they choose, from welcoming, in-store experiences at more than 1,900 stores in the U.S. and Canada, 550-plus international locations and select Ulta Beauty stores. Online, consumers can visit bathandbodyworks.com, Amazon and Ulta.com. Media Contact: Stephanie Ross [email protected] Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3a116270-4c83-48c2-9849-01c3a1ae5ae7 https://www.globenewswire.com/NewsRoom/AttachmentNg/15d2c290-b017-4390-be9c-ca8e0fe4bb72 https://www.globenewswire.com/NewsRoom/AttachmentNg/80844b1a-626f-4dab-bd5d-5eec50cc0261 |
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AST SpaceMobile Shares Sink After $1 Billion Convertible Notes Deal | FMP Stock News | |
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AST SpaceMobile (ASTS) fell in after-hours trading after the satellite communications company priced a $1 billion private offering of convertible senior notes d |
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Domino's Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts | FMP Stock News | |
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Domino’s Pizza, Inc. (NASDAQ:DPZ) will release its second quarter earnings report before the opening bell on Monday, July 20.Analysts expect the Ann Arbor, Michigan-based company to report quarterly earnings of $4.17 per share, up from $3.81 per share in the year-ago period. The consensus estimate for Domino’s quarterly revenue is $1.18 billion. It reported $1.15 billion last year, according to Benzinga Pro. On July 14, Domino’s announced appointment of two new independent directors and election of Corie Barry as lead independent director. Shares of Domino’s rose 0.3% to close at $310.87 on Wednesday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period. Considering buying DPZ stock? Here’s what analysts think: Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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Marex offers clients ability to post USDC as margin for derivatives | FMP Stock News | |
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NEW YORK, July 16, 2026 (GLOBE NEWSWIRE) -- Marex Group Limited (NASDAQ: MRX), the diversified financial services platform, today announced that clients will be able to utilize USDC, a regulated1, fully reserved dollar-denominated stablecoin issued by Circle, serving as the digital collateral asset in this workflow, as initial margin (IM) collateral. This initiative is enabled in collaboration with Coinbase, and will assist clients in deploying their digital asset portfolios more effectively while tapping into the benefits of blockchain-native transfer rails. Coinbase provides the underlying infrastructure supporting custody, on/off-ramps, and reporting required for this capability.“The future of finance is unfolding before our eyes,” said Stephen Hood, Head of Clearing, Americas at Marex. “With regulatory clarity helping to shape the future of USDC and other stablecoins, the speed and accessibility of blockchain technology is transforming clearing globally. For clients actively trading digital assets, the ability to use USDC as good segregated collateral will enhance capital efficiencies and set the stage for a new wave of innovation.” The launch of this service follows the issuance of a no-action letter from the Commodities Futures Trading Commission (CFTC) in December 2025, on the use of digital assets as collateral. The letter effectively permits Futures Commission Merchants (FCMs) to accept non-securities digital assets, including USDC, Bitcoin and Ethereum, as customer margin collateral for CFTC-regulated derivatives and to treat them in certain risk calculations, subject to strict conditions. Coinbase supports Marex’s implementation through NYDFS-qualified custody, 1:1 instant fiat-to-USDC conversion, and bespoke reporting infrastructure aligned with CME requirements. The integration of USDC marks a significant step toward modernizing global derivatives market infrastructure. In today’s markets, risk moves in response to global events as they unfold, yet collateral relies on traditional banking rails constrained by operating hours and multi-day settlement. The ability to post USDC as initial margin empowers Marex clients to manage risk in near real time, moving collateral 24/7 at internet-speed to keep pace with always-on markets. Over time, as the use of tokenized collateral becomes more prevalent, its real-time mobility and transparency can help drive down risks across the system. “USDC, when integrated into institutional trading and clearing workflows, enables initial margin to move at internet speed, unlocking new levels of efficiency and programmability in collateral management all while meeting the rigorous standards institutional markets demand,” said Claire Ching, VP of Global Capital Markets at Circle. “By supporting USDC as IM collateral, Marex is equipping institutional trading clients to operate seamlessly in a 24/7 global market environment.” “Stablecoin collateral is moving from concept to production. Coinbase is providing the institutional infrastructure underneath: NYDFS-qualified custody, instant fiat-to-USDC conversion, and reporting built to meet clearing-grade requirements. The same infrastructure that safeguards assets for the majority of US spot crypto ETFs is now powering collateral workflows in regulated derivatives clearing. We expect this model to extend across more clearinghouses and margin workflows as the market moves toward always-on collateral,” said Liz Martin, Coinbase VP of Markets and Head of Derivatives. Joe Balcarcel, Chief Administrative Officer, said: “Prime Trading, LLC is excited to partner with Marex on this innovative initiative and support the continued evolution of digital asset infrastructure within traditional derivatives markets. We believe this represents an important step forward for the trading industry, as blockchain-based collateral solutions have the potential to enhance capital efficiency, improve the speed and flexibility of collateral management, and provide the ability to respond to significant market events and trading opportunities beyond traditional banking hours.” Ram Vittal, Chief Executive Officer, Marex Americas, said: “We’re proud to be at the forefront of the convergence of digital assets and traditional finance to enhance market access and responsibly reshape the financial ecosystem for clients and future generations.” For its first transaction, Marex accepted USDC as IM collateral from Prime Trading, with Coinbase’s supporting custody, settlement, and reporting infrastructure, and delivered cash to fund positions. Marex is a leader in digital assets innovation and regulated crypto markets. In addition to being a large clearer of crypto derivatives on CME, Cboe, SGX, Coinbase Derivatives Exchange, and Bitnomial, Recently, Marex was a day one clearer for the launch of SGX Crypto Perpetual Futures, cleared the first-ever Bitcoin Friday Futures block trade and the first-ever Bitcoin Friday Futures options trade on CME. About Marex: Marex Group Limited (NASDAQ: MRX) provides market access, infrastructure services and essential liquidity to clients across global commodity and financial markets. The Group provides comprehensive breadth and depth of coverage across four services: Clearing, Agency and Execution, Market Making and Hedging and Investment Solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to more than 60 exchanges. Marex has over 3,400 active clients, including some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. With more than 50 offices worldwide, the Group has over 3000 employees across Europe, Asia and the Americas. For more information visit www.marex.com. About Circle Internet Group, Inc. Circle (NYSE: CRCL) is one of the world’s leading internet financial platform companies, building the foundation of a more open, global economy through programmable blockchain infrastructure, digital assets, and payment applications. Circle’s platform includes the world’s largest stablecoin network anchored by USDC, Circle Payments Network for global money movement, and Arc, an enterprise-grade blockchain designed to become the Economic OS for the internet. Enterprises, financial institutions, and developers use Circle to power trusted, internet-scale financial innovation. About Coinbase Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We’re updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for onchain activity and support builders who share our vision that onchain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world. About Prime Trading LLC Prime Trading LLC is a Chicago-based proprietary trading firm specializing in futures, options, equities, and digital assets across global markets. The firm combines experienced discretionary traders with systematic and quantitative trading strategies, supported by dedicated teams in operations, technology, and risk management. Prime maintains memberships and market access across major global derivatives exchanges through longstanding clearing and execution relationships, enabling it to trade a diverse range of asset classes worldwide. Through continued investment in technology and its traders, the firm remains focused on innovation, disciplined risk management, and long-term growth. Enquiries please contact: Nicola Ratchford / Adam Strachan +44 778 654 8889 / +1 914 200 2508 [email protected] / [email protected] River Communications +19146865599 [email protected] 1 USDC is issued by regulated affiliates of Circle. See Circle’s list of regulatory authorizations. |
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Ostium Protocol Loses $18 Million in Timestamp Manipulation Attack | CoinGecko News | |
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Key Takeaways Decentralized trading platform Ostium on Arbitrum suffered a security breach resulting in losses between $18 and $22 million. The perpetrator exploited the platform’s oracle mechanism by submitting price data with falsified future timestamps. Fraudulent trades appeared profitable due to the manipulation, causing the liquidity vault to dispense $18 million in USDC. All trading activity has been suspended as Ostium conducts a thorough investigation, with users advised to revoke smart contract permissions. This incident continues a troubling trend of oracle-related vulnerabilities affecting DeFi platforms in 2025 and 2026. On July 15, Ostium—a decentralized perpetual futures platform operating on Arbitrum—suspended all trading operations following a sophisticated attack that resulted in approximately $18 million in USDC being withdrawn from its liquidity reserves.RWA Perpetual Protocol Ostium Suffers Suspected $18 Million Exploit on Arbitrum Security firm Blockaid said it detected an exploit involving Ostium Vault on Arbitrum. According to Blockaid, the attacker used a registered PriceUpKeep forwarder and future-dated authorized oracle… pic.twitter.com/2DfIGrRIoR — Wu Blockchain (@WuBlockchain) July 15, 2026 Multiple blockchain security organizations, including Blockaid and CertiK, detected and reported the breach. While Blockaid assessed the damage at approximately $18 million, CertiK’s analysis suggested the total could reach $22 million. Ostium’s team has acknowledged the incident but has yet to release official loss figures pending their ongoing investigation. The vulnerability exploited in this attack centered on Ostium’s oracle infrastructure—the critical system responsible for feeding external market price information to the decentralized platform. Blockaid’s analysis revealed that the attacker leveraged a legitimate component within Ostium’s automated pricing mechanism known as the PriceUpKeep forwarder. This module functions as the gateway for transmitting real-time asset valuations onto the blockchain during trade execution. The malicious actor submitted oracle price updates containing fabricated timestamps set to future dates. This temporal manipulation caused unprofitable positions to register as successful trades, subsequently prompting the vault’s smart contract to release approximately $18 million in USDC. In a statement shared on X, Ostium announced the immediate suspension of trading following the detection of irregularities in its vault system. The platform emphasized user protection, stating: “With user security being our first concern, we recommend that all users temporarily revoke approvals for our contracts until we can further investigate the recent incident.” Technical Details of the Oracle Breach Ostium’s pricing infrastructure relies on Gelato, an external automation service, to deliver real-world asset valuation data to the blockchain. The PriceUpKeep smart contract serves as the central mechanism coordinating these price refresh operations. The attacker successfully obtained access to an authorized position within this framework, enabling them to introduce counterfeit pricing information with incorrect timing parameters. This manipulation deceived the protocol into validating false profitable positions, triggering unauthorized fund releases from the treasury. The platform facilitates leveraged trading across multiple asset classes including commodities, foreign exchange, stock indices, and digital currencies, offering leverage ratios up to 200x with settlements denominated in USDC. Rising Trend of Oracle-Based Exploits This security breach occurred merely one week after Summer.fi experienced a similar attack methodology that resulted in $6 million in stolen funds. Cybersecurity experts note an emerging pattern where malicious actors increasingly focus on exploiting offchain infrastructure components like oracle systems rather than targeting smart contract vulnerabilities directly. According to data compiled by DeFiLlama, cryptocurrency-related hacking incidents generated losses approaching $630 million during April alone—marking the highest single-month total since February 2025. Decentralized finance protocols bore the majority of these losses. Prior to this exploit, Ostium had secured $27.8 million in total capital, including a substantial $24 million Series A funding round jointly led by General Catalyst and Jump Crypto in late 2025. The platform had facilitated more than $50 billion in aggregate trading volume before the security incident. JPMorgan research analysts noted in April that infrastructure and bridge security vulnerabilities continue to represent significant obstacles for DeFi’s progression toward mainstream institutional acceptance. Ostium’s security review and investigation remain in progress. |
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Bitcoin Price Holds the Line at $64,408 While Ondo Jumps 17% Into the Spotlight: Morning Levels | CoinGecko News | |
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Table of contentsDay two of the acceptance test, and acceptance is exactly what it looks like: boring. Bitcoin sits at $64,408, down a rounding error of 0.2%, holding above the old range top it broke yesterday. Meanwhile the day’s real action moved down the board, where Ondo jumped 17.4% into the trending list and Arbitrum’s monthly unlock clock ticks toward zero. BTC Does the Most Bullish Thing Possible: Nothing Bitcoin trades at $64,408.52 as of July 16, 2026, per CoinGecko, down 0.2% in 24 hours. Yesterday’s analysis set the confirmation test: acceptance above $64,000, the old box top turned floor. A flat session above the level is the test passing in real time. Breakouts that need to sprint every day are the fragile kind; breakouts that can stand still above their level are the kind that build trends. One more caveat carried forward from yesterday: the macro relief behind this move leans on energy prices, and the oil tape remains the counter-risk nobody on a crypto chart can see coming. Ethereum keeps doing what it has done all month. Up 2.5% at $1,913.98, ETH extends the strongest-major run this column has tracked since before the CPI print. Three issues, three days of ETH leadership. At some point that stops being a note and becomes the trend. Ondo Takes the Spotlight The day’s second asset is Ondo, up 17.4% at $0.3728 and sitting in both the trending and most-viewed lists on CoinGecko, the only non-major to manage that double today. ONDO is the governance token of the largest tokenized-stocks and Treasuries platform in crypto, and the RWA corner it leads has been collecting institutional headlines all month. The full breakdown, including the supply cliff every ONDO buyer should know about, runs in today’s Ondo report. The rest of the board is a split screen. The micro-cap casino printed an 883% winner (Diamond Hands) and a 70% loser (psyopcat) on the same day, which is not a contradiction, it is the product working as designed. Nothing on those boards belongs in a portfolio conversation. And the calendar item: Arbitrum’s monthly token unlock lands today, roughly 92 million ARB. The scary word hides a milder mechanism this time, and today’s ARB report explains why this unlock is smaller than the headline suggests. The XRP retest at $1.11, yesterday’s open verdict, remains unresolved and stays on the watchlist. [CHART: BTCUSD daily, July 16. Source: TradingView] The Numbers That Matter Today BTC: above $64,000 for a second day, the acceptance test passing quietly. ETH: $1,913.98, leadership day three. ONDO: plus 17.4%, the board’s institutional story. ARB: unlock day, details in the dedicated report. The watch continues on XRP at its $1.11 shelf. This article is for information only and is not investment advice. Crypto assets are extremely volatile and you can lose your entire stake. Always do your own research. Frequently Asked Questions What is the Bitcoin price today? What is the Bitcoin price today? Bitcoin trades at $64,408.52 as of July 16, 2026, essentially flat over 24 hours and holding above the $64,000 level it broke out over yesterday. Why is Ondo up today? ONDO gained 17.4% to $0.3728 and entered CoinGecko's trending and most-viewed lists. No single confirmed catalyst is visible in the data; the token leads the tokenized-assets narrative that has drawn institutional headlines through July. What happens with the Arbitrum unlock today? Roughly 92 million ARB unlock today, directed to the Arbitrum DAO treasury rather than to team or investor wallets, a structural difference covered in our full ARB report. AUTHOR Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout. |
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Lark Davis Exposes Four Most Overvalued Altcoins in Crypto Today | CoinGecko News | |
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Bitcoin investor Lark Davis has called Cardano, Polkadot, Ethereum Classic, and Arbitrum the most overvalued cryptocurrencies in the top 100 coins list. Despite carrying multi billion dollar valuations, these projects still show weak network activity and low revenue.According to Davis, these networks have good technology in some cases, but their ecosystems have failed to generate enough demand to justify their market caps. Top Four Altcoins That Are OvervaluedAccording to Davis, these networks have good technology in some cases, but their ecosystems have failed to generate enough demand to justify their market caps. Cardano Still Struggles to Attract UsersCardano topped Davis’ list, as he pointed out that the network processes around 30,000 transactions per day, has only 10,000 daily active addresses, and generates roughly $2,000 in daily application revenue despite maintaining a market cap of around $6 billion. Token Terminal data shows that Cardano aonly generate only $1.9 million in revenue fees, far behind networks like Solana and Tron, which generate more than $603 million and $581 million in weekly revenue, respectively. Davis questioned why Cardano continues to carry such a large valuation if network usage remains relatively low. Meanwhile, ADA is trading near $0.162, still almost 95% below its all-time high. Polkadot’s Token Model Faces CriticismDavis believes Polkadot’s biggest issue is not its technology but its token utility. He noted that Polkadot’s main chain records only around 2,400 daily active users, while its TVL remains close to $40 million. By comparison, many competing Layer-1 and Layer-2 networks process significantly more users and lock billions of dollars in DeFi. According to Davis, governance, staking, and coretime sales have failed to create enough real demand for the DOT token. As of now, DOT currently trades around $0.838, down nearly 98.5% from its all-time high. Ethereum Classic and Arbitrum Also Make the ListDavis also criticized Ethereum Classic, saying the blockchain has become a “ghost town.” Despite maintaining a market capitalization above $1.1 billion, Ethereum Classic has only around 1,300 daily active addresses, approximately $150,000 in TVL, and roughly $72,000 in on-chain stablecoins. As of now, ETC trades near $6.97, almost 96% below its record high. Lastly, Davis aimed for Arbitrum (ARB). While he acknowledged that Arbitrum has strong blockchain technology, he argued that the ARB token does not capture enough value because the revenue generated by Offchain Labs does not directly benefit token holders. Although Arbitrum serves around 2.2 million monthly active users and generates nearly $570,000 in monthly revenue, Davis believes the governance token itself has very limited use. ARB currently trades near $0.0866, down more than 96% from its all-time high. While Davis believes these projects remain heavily overvalued, supporters argue that market value is not based only on current activity. Loading article prices Loading profile preview Story Ends Here Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors. Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices. Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners. Read the Next News |
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Euro turns upside down as US Dollar bounces back | FMP Forex News | |
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The Euro (EUR) trades marginally lower to near 1.1460 against the US Dollar (USD) during the European trading session on Thursday after giving back its early gains. The EUR/USD pair turns upside down as the US Dollar bounces back amid fears that elevated energy prices due to Middle East tensions will keep global inflation projections de-anchored.At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades slightly higher to near 100.57. Crude oil prices are likely to stay higher as the global energy supply is expected to remain disrupted amid fears that the military aggression between the United States (US) and Iran would widen. During the day, an Iranian army spokesperson said that the US continues to attack several areas, while warning that the war will spread to new arenas, the Islamic Republic News Agency (IRNA) reported. On Wednesday, US President Donald Trump also warned, in an interview with Fox News, that he will authorize bombing Iranian bridges and power plants if Tehran doesn’t return to the table for negotiations. In the last two trading days, the US Dollar faced selling pressure as traders scaled back Federal Reserve (Fed) interest rate hike expectations due to cooling US inflationary pressures in June. Going forward, investors will focus on the US Retail Sales data for June, which will be published at 12:30 GMT. The US Retail Sales are estimated to have risen at a moderate pace of 0.2% Month-on-Month (MoM) against 0.9% in May. Economic Indicator Retail Sales (MoM) The Retail Sales data, released by the US Census Bureau on a monthly basis, measures the value in total receipts of retail and food stores in the United States. Monthly percent changes reflect the rate of changes in such sales. A stratified random sampling method is used to select approximately 4,800 retail and food services firms whose sales are then weighted and benchmarked to represent the complete universe of over three million retail and food services firms across the country. The data is adjusted for seasonal variations as well as holiday and trading-day differences, but not for price changes. Retail Sales data is widely followed as an indicator of consumer spending, which is a major driver of the US economy. Generally, a high reading is seen as bullish for the US Dollar (USD), while a low reading is seen as bearish. Read more. Next release: Thu Jul 16, 2026 12:30 Frequency: Monthly Consensus: 0.2% Previous: 0.9% Source: US Census Bureau Retail Sales data published by the US Census Bureau is a leading indicator that gives important information about consumer spending, which has a significant impact on the GDP. Although strong sales figures are likely to boost the USD, external factors, such as weather conditions, could distort the data and paint a misleading picture. In addition to the headline data, changes in the Retail Sales Control Group could trigger a market reaction as it is used to prepare the estimates of Personal Consumption Expenditures for most goods. |
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Gold slips as energy-driven inflation fears keep Fed rate hike bets in play | FMP Forex News | |
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Gold (XAU/USD) edges lower on Thursday as traders look past back-to-back softer-than-expected US inflation reports and remain focused on renewed Middle East tensions, which are fueling concerns that higher energy prices could reignite inflationary pressure.At the time of writing, XAU/USD trades around $4,028, down 0.80% on the day. Both the US Consumer Price Index (CPI) and Producer Price Index (PPI) reports for June came in below market expectations. The softer readings reduced the chances of an imminent Federal Reserve (Fed) interest rate hike, but Gold struggled to gain traction as traders continued to debate whether the Fed could still tighten policy later this year. Fed officials continue to stress the need to bring inflation sustainably back to the 2% target while noting that the labor market appears to have stabilized. This suggests that the central bank could raise interest rates later this year if inflation proves more persistent. Elevated borrowing costs reduce Gold's appeal as investors seek higher returns from interest-bearing assets. Against this backdrop, Gold retains a downside bias, though it has traded broadly between $4,000 and $4,200 in recent weeks after falling to $3,941 in June, its lowest level since November 2025. Next on the US economic docket are Retail Sales and Initial Jobless Claims data, due at 12:30 GMT. Speeches from Fed officials Lorie Logan and Jeffrey Schmid later in the day will also be watched. On the geopolitical front, the US carried out a fifth consecutive night of strikes against Iranian targets, while Tehran responded by targeting US assets in Kuwait, Bahrain and Jordan. Iran also said it would not allow Washington to interfere in the Strait of Hormuz, calling it a "red line." Meanwhile, The Wall Street Journal reported on Wednesday that US President Donald Trump was leaning towards expanding military operations. Technical analysis: Sellers retain control as XAU/USD struggles below $4,200 On the daily chart, XAU/USD keeps a bearish bias as it remains well below the 200-day Simple Moving Average (SMA) at $4,495 and the 100-day SMA at $4,548. Price is holding within a downward parallel channel, trading beneath its upper boundary around $4,200, while momentum is mixed. The Relative Strength Index (RSI) near 40 leans slightly bearish, while the Moving Average Convergence Divergence (MACD) remains positive, yet with declining histogram bars, hinting that any rebound would still face structural headwinds overhead. On the topside, immediate resistance is clustered around $4,200, where the horizontal cap and the channel’s upper line converge, before the more significant barriers at the 200-day SMA near $4,496 and the 100-day SMA close to $4,548. On the downside, initial support appears at the $4,000 horizontal level, with a deeper cushion at the channel floor around $3,800. (The technical analysis of this story was written with the help of an AI tool. Know more.) Inflation FAQs Inflation measures the rise in the price of a representative basket of goods and services. Headline inflation is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core inflation excludes more volatile elements such as food and fuel which can fluctuate because of geopolitical and seasonal factors. Core inflation is the figure economists focus on and is the level targeted by central banks, which are mandated to keep inflation at a manageable level, usually around 2%. The Consumer Price Index (CPI) measures the change in prices of a basket of goods and services over a period of time. It is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core CPI is the figure targeted by central banks as it excludes volatile food and fuel inputs. When Core CPI rises above 2% it usually results in higher interest rates and vice versa when it falls below 2%. Since higher interest rates are positive for a currency, higher inflation usually results in a stronger currency. The opposite is true when inflation falls. Although it may seem counter-intuitive, high inflation in a country pushes up the value of its currency and vice versa for lower inflation. This is because the central bank will normally raise interest rates to combat the higher inflation, which attract more global capital inflows from investors looking for a lucrative place to park their money. Formerly, Gold was the asset investors turned to in times of high inflation because it preserved its value, and whilst investors will often still buy Gold for its safe-haven properties in times of extreme market turmoil, this is not the case most of the time. This is because when inflation is high, central banks will put up interest rates to combat it. Higher interest rates are negative for Gold because they increase the opportunity-cost of holding Gold vis-a-vis an interest-bearing asset or placing the money in a cash deposit account. On the flipside, lower inflation tends to be positive for Gold as it brings interest rates down, making the bright metal a more viable investment alternative. |
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Gold forecast: XAU/USD unable to benefit from weak US inflation data | FMP Forex News | |
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The price of gold was down nearly 1% at the time of writing at midday in London, with the metal unable to further extend its two-day recovery. This comes as the dollar was looking to steady itself after suffering a double dose of inflation surprises this week with both CPI and PPI coming in weaker than expected. Meanwhile, we have also seen a bit of a risk off trade creeping into the stock markets with chipmakers under pressure. As before, I maintain a modestly bearish view on the near-term gold forecast and still expect a breakdown below the $4000 level.So why is gold struggling? Well. There are a few reasons why gold is struggling despite the weaker inflation data we have seen this week. For one thing, one month’s worth of data is not going to impact the Fed’s thinking much and that’s something Chris Waller highlighted yesterday. Waller wants to see a clear disinflationary trend over the course of a few months. That’s not going to be the case if oil prices now remain elevated after making a comeback in recent days due to the re-escalation of tension between the US and Iran. Even if some of the near-term economic data softens, persistently high energy prices would make it difficult for the Fed to adopt a more dovish stance. That is one of the reasons why we’re seeing the US dollar regain a bit of momentum again today, particularly against currencies whose economies are heavily reliant on imported energy, or those where interest rates are low, such as the Swiss franc and the Japanese yen. For the same reason, investors are preferring the dollar over the zero-yielding gold. On top of these macro factors, momentum has been completely lost in gold which is discouraging speculative traders wanting to ride the wave. If you recall, the yellow metal fell more than 11% in June, which was its fourth consecutive losing month. Thus, the path of least resistance and the gold forecast remain modestly to the downside, and I am still expecting a breakdown below the $4,000 level soon. Technical gold forecast and key levels to watch From a technical analysis point of view, our gold forecast remains bearish. The metal has struggled in recent days to climb back above the $4,100 level, and instead it has remained below both the bearish trend line and the 21-day exponential average. The 50-day crossed below the 200-day average not so long ago and that further aids the bearish narrative. Source: TradingView.com Thus, I’m looking for a break below the $4,000 level on XAUUSD – possibly as later as today now that both inflation reports are out of the way. If we get a daily close beneath it, then the next downside targets come in around $3,900, followed by $3,800. Resistance above the $4100 area comes in around $4,136 initially, followed by $4,200 and then at $4275. In short, with energy prices firming and little evidence that the US economy is slowing enough to offset inflation risks, the fundamental backdrop continues to favour the dollar. That leaves zero- and low-yielding assets like the yen, franc and gold particularly vulnerable. -- Written by Fawad Razaqzada, Market Analyst Follow Fawad on Twitter @Trader_F_R |
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2026-07-16 12:02
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2026-07-16 08:23
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Dormant Bitcoin wallet moves $383M after more than 8 years | CoinGecko News | |
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A Bitcoin wallet that had remained inactive for more than eight years has transferred 5,908 BTC worth about $383 million, reviving another long-dormant holding as traders continue tracking large onchain movements.Summary A Bitcoin wallet dormant for more than eight years transferred 5,908 BTC worth about $383 million to a new address. Onchain data showed the coins were not sent to a known exchange wallet, leaving the holder’s intentions unclear. The transfer followed another dormant whale move earlier this week, keeping large Bitcoin wallet activity in focus. According to blockchain analytics platform Lookonchain, citing Arkham data, the wallet identified as “138EM…ReyiT” moved the entire 5,908 BTC balance to a new address at 7:15 p.m. ET on Wednesday. The coins remain in the recipient wallet, with no signs that they have been sent to a cryptocurrency exchange. Arkham’s data showed the wallet originally received the Bitcoin in December 2017, when BTC traded near $16,800. The holdings were worth about $99.6 million at the time, compared with roughly $383 million at current market prices. The timing of the original purchase makes the wallet notable. The holder kept the coins through Bitcoin’s nearly 80% decline in 2018, its rally to almost $69,000 in 2021, the subsequent fall to around $15,500 in late 2022, and the record high above $122,000 reached in October 2025, according to market price data. At that peak, the wallet’s balance was worth about $726 million. While the movement has drawn attention, CoinDesk’s onchain analysis said the Bitcoin was transferred to a newly created, unlabeled address rather than a known exchange deposit address, indicating there is no onchain evidence of an immediate public sale. The report also noted that the coins moved from a legacy Bitcoin address beginning with “1” to a newer SegWit address beginning with “bc1q.” According to CoinDesk, large holders often reorganize assets to upgrade wallet formats, improve custody, rotate private keys, prepare estate transfers, or arrange over-the-counter transactions that do not reach public exchanges. Dormant whale activity remains in focus The latest transfer follows another dormant Bitcoin wallet that became active earlier this week after more than seven years. As previously reported by crypto.news, blockchain intelligence platform Arkham said a wallet moved 2,931 BTC worth about $188 million to a new address after remaining inactive since Bitcoin traded near $6,500. Although neither transfer has confirmed selling activity, CryptoQuant has reported that whale-sized deposits continue to dominate Bitcoin exchange inflows. Its exchange whale ratio recently stood at 0.99, indicating that the 10 largest transfers accounted for nearly all Bitcoin deposited to exchanges. According to the firm, elevated readings have historically been associated with higher selling pressure because large deposits are more likely to precede sizable sales. |
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2026-07-16 12:02
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2026-07-16 10:53
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A trader bets $1 million on Argentina to win the World Cup, would earn over $12 million if they win the championship | CoinGecko News | |
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service. This site is protected by reCAPTCHA. |
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2026-07-16 12:02
28d ago
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2026-07-16 05:00
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Gate 上线事件合约,拓展短周期价格方向交易选择 | CoinGecko News | |
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service. This site is protected by reCAPTCHA. |
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