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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Bio-Techne Corporation (NasdaqGS: TECH) to Merck KGaA. Under the terms of the proposed transaction, shareholders of Bio-Techne will receive $73.00 in cash for each share of Bio-Techne that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or. Live financial news intelligence
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Bio-Techne Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bio-Techne Corporation - TECH | FMP Stock News | |
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2026-06-29 20:37
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2026-06-29 15:27
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Peabody Energy Corporation (BTU) Faces Securities Class Action Related to Surprise Centurion Problems - HBSS | FMP Stock News | |
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, /PRNewswire/ -- Peabody Energy Corporation (NYSE: BTU) faces a securities class action lawsuit related to surprise disclosures the company made to investors on March 30 and May 5, 2026 about problems with its flagship metallurgical coal asset ("Centurion").The lawsuit seeks to represent investors who purchased or otherwise acquired shares of Peabody common stock between October 14, 2024 and May 4, 2026. Between March 27 (the trading day before the first cryptic disclosure) and the May 5, 2026 fuller disclosure, investors saw the price of Peabody shares crumble $14.50 (-36%). Accordingly, the severe market reactions upon the company's revelations support national shareholder rights firm Hagens Berman's investigation into legal claims that Peabody and its co-defendants violated the federal securities laws. The firm encourages Peabody investors who suffered substantial losses to submit your losses now. Class Period: Oct. 14, 2024 – May 4, 2026 Lead Plaintiff Deadline: Aug. 24, 2026 Visit: www.hbsslaw.com/investor-fraud/btu Contact the Firm Now: [email protected] Peabody Energy Corporation (BTU) Securities Class Action: Peabody characterizes itself as a leading producer of metallurgical and thermal coal and has promoted Centurion, its underground longwall metallurgical coal mine in Queensland, Australia. According to the company, the mine commenced full-scale production in February 2026. The litigation is focused on the propriety of Peabody's statements about Centurion's operational status and production capabilities. For example, Peabody's management informed investors on February 5, 2026 that "the team was installing the very last shield and putting the finishing touches on the Centurion Mine[,]" and "our team is charged up and has started mining some of the best metallurgical coal in the world." The company and its management also assured investors that Centurion is "going to ramp up probably about 700,000 tons in Q1, about 1 million to 1.1 million tons in Q2 and Q3, and then it'll fall back down in Q4 as we have a longwall move." In response, the market rewarded these statements by sending the price of Peabody shares up about 7.8% the next day. Just a few weeks later, on March 30, 2026, Peabody filed a current report with the SEC and abruptly disclosed that Centurion "is expected deliver approximately 250,000 tons in the first quarter[.]" In other words, the company slashed Centurion production by about 64%. The news sent the price of Peabody shares down almost 10%. Then, on May 5, 2026, Peabody reported its Q1 2026 financial results. Of particular concern pertaining to Centurion, management revealed the truth about why it slashed the mine's Q1 production assurance. Despite telling investors in February that it was mining Centurion and would produce 700,000 tons in Q1, a new narrative emerged – "as part of our commissioning in February, we encountered temporary mechanical and electrical issues" – and "[a]s a result, our full year sales outlook for Centurion is now 2.5 million tons compared to our original expectation of 3.5 million tons." This full year 28% reduction helped send the price of Peabody shares down nearly 6%. "We're focused on whether Peabody and its management were sufficiently transparent about Centurion's operational capabilities during the Class Period and, if not, whether they violated federal securities laws," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation. If you invested in Peabody Energy and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now. If you'd like more information and answers to other frequently asked questions about the Peabody case and the firm's investigation, read more. Whistleblowers: Persons with non-public information regarding Peabody Energy should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. Attorney Advertising. Prior results do not guarantee a similar outcome in any future case. SOURCE Hagens Berman Sobol Shapiro LLP |
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REUTERS: Texas billionaires Hunt, Crow join bitcoin firm in $1 billion data center deal, sources say | CoinGecko News | |
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REUTERS: Texas billionaires Hunt, Crow join bitcoin firm in $1 billion data center deal, sources say |
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2026-06-29 20:33
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2026-06-29 14:05
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Comcast spinning off media divisions is clearly the right move, says Oppenheimer's Timothy Horan | FMP Stock News | |
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CNBC's Alex Sherman and Oppenheimer's Timothy Horan join 'The Exchange' to discuss Comcast's decision to spinoff its media properties, the ripples the deal is making and much more. |
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2026-06-29 14:26
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Comcast Surges on Media Spinoff Plan | FMP Stock News | |
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Comcast (CMCSA) surged as much as 25% after announcing plans to spin off its media businesses, a move LightShed Partners analyst Rich Greenfield said was âlon |
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2026-06-29 20:33
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2026-06-29 14:50
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Comcast's Spinoff Ripples Through Sector & Dividend ETFs | FMP Stock News | |
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Comcast Corp. (CMCSA) sent shockwaves through the media landscape with the announcement that it would spin off its media business today. The telecommunications giant will divest its traditional cable television networks, namely NBCUniversal and Sky, into a standalone, publicly traded company. It accomplished the same in 2024 when it spun off cable channels like CNBC and MSNBC into Versant Media.Key Takeaways Comcast announced a tax-free spinoff of NBCUniversal and Sky, creating a standalone media entity while retaining its core broadband and wireless connectivity business. The corporate breakup sent Comcast shares surging in early trading, providing a major lift to communication ETFs like XLC, FCOM, and VOX, which hold substantial positions in the company. Because Comcast is a foundational high-yield holding, dividend-tracking ETFs like RDIV and FDL are closely watching how the split will distribute cash-return profiles between the agile broadband business and the new media giant. See More: Don’t Overlook the Potential of Communication Services ETFs Comcast Stock Spikes Once the news of the spinoff broke, traders pounced in the market’s early session. Comcast’s stock went up as much as 17% before profit-taking eventually ensued. It was a much-needed resuscitation for Comcast shareholders, who’ve seen the stock price fall over 50% within the last five years, 37% the last three years, and 25% within the past year. Thus far in 2026, the stock is down about 12%. In the long-term horizon, it could be a net positive for investors who think this spinoff could unlock value in Comcast. By separating its high-growth broadband, wireless, streaming (Peacock), and theme park businesses from its declining traditional cable networks, Comcast is essentially rewriting its operational playbook. With pressure from streaming rivals, Comcast is looking to achieve greater flexibility in a competitive market by scaling down its operations. The effects of this corporate divorce extend beyond the walls of Comcast. The company is a cornerstone holding in various ETFs, affecting those with the biggest allocations to its stock. This includes sector and dividend-focused ETFs. For investors looking for a post-news drift effect that could prop up certain ETFs, below are some funds to consider. Sector Impact: Communication ETFs The gravity of this spinoff will be felt most in communication ETFs with the largest weight of Comcast. At just under a 4.5% allocation, the State Street Communication Services Select Sector SPDR Fund (XLC) is the fund with the great exposure (as of June 26, 2026). At about a 4% allocation, the Fidelity MSCI Communication Services Index ETF (FCOM) is noteworthy. Meanwhile, the Vanguard Communication Services ETF (VOX) rounds out the top three with just under a 4% allocation. Traditionally, Comcast’s cable infrastructure has been a somewhat defensive anchor within these tech-adjacent, high-beta sectors. A more streamlined Comcast, as a result of this pruning for growth strategy, could help breathe life back into the legacy cable company. Dividend ETFs See Spinoff Impact Income-focused funds with Comcast allocations are also feeling the weight of the news. Comcast has been a foundational holding for dividend trackers, which allows it to gain entry into funds like the Invesco S&P Ultra Dividend Revenue ETF (RDIV) and the First Trust Morningstar Dividend Leaders Index Fund (FDL). RDIV has a 3.8% allocation while FDL is at 2.9% (also as of June 26, 2026). Lauded for its stable cash flows, Comcast’s dividend profile makes it a prime option for retail and institutional yield-seekers alike. Of course, given the latest news regarding the spinoff, it will be interesting to observe how the dividend policy will be affected between the parent broadband company and the newly formed media entity. If the pure-play broadband business maintains its cash-return profile, funds like RDIV and FDL may benefit from a more agile Comcast. For more news, information, and analysis, visit the Equity ETF Content Hub. |
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2026-06-29 20:33
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2026-06-29 14:53
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Comcast's NBCUniversal spinoff raises hope for more deals. There may not be good options | FMP Stock News | |
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Analysts think Comcast is priming for deals. Comcast leadership says they're wrong.The company announced Monday it plans to separate its two primary businesses — cable broadband and the media units of NBCUniversal and Sky. It's the second major structural change for the decades-old company in recent months, and it's raising questions of potential future deals for either half of the company. But on a call with investors to discuss the split, Comcast executives came ready with cold water: "Absolutely not," Comcast co-CEO Brian Roberts said Monday, when asked if investors should view the separation as a potential setup for future deals. Roberts, son of founder Ralph Roberts and Comcast's controlling shareholder, won't be CEO of either company after the separation but will continue to be "actively involved" in the leadership of both companies, Comcast said. "This is the right move to put each company in the strongest position to create value, fully monetize its assets, and aggressively pursue its own organic growth strategies," Roberts said. Co-CEO Mike Cavanagh echoed that denial: "On the NBCUniversal side and [with] Sky, definitely not." A reason Comcast is squashing deal speculation? There may not be many good ones left. Splitting before M&AWall Street and industry onlookers have called for a split of Comcast for years, motivated by the rise of streaming and severe competition in the media industry. While company leaders have discussed a separation at various points since at least 2019, executives have never seriously considered it until now, according to a person close to the situation who spoke anonymously due to the private nature of the discussions. When Comcast decided to siphon off its cable TV networks into a separate publicly traded company less than two years ago — the spinoff that would ultimately become CNBC-parent Versant Media Group — the prospect of carving out NBCUniversal as a whole never came up, the person said. Instead, the move to sever NBCUniversal and Sky from the Xfinity cable business came together rather quickly in recent months, the person said. Wall Street just witnessed a large media deal following an announced spin, noted Mike Proulx, research director at Forrester. Before Warner Bros. Discovery launched a sale process that resulted in dueling bids from Netflix and Paramount Skydance, WBD said it planned to separate its assets into two companies. "Comcast is following a playbook we have already seen. Warner Bros. Discovery split itself apart as it moved into a deal with Paramount. Now Comcast is doing the same with NBCUniversal. History matters here because Peacock increases NBCUniversal's acquisition potential," said Proulx. It comes against the backdrop of widespread consolidation. Paramount Skydance itself is the product of a merger that closed just about a year ago. Soon after closing, it fought off streaming giant Netflix for the WBD assets. Smaller deals have come to market too, as the media industry grapples with shifting consumption habits. Earlier this month Fox agreed to buy streaming platform company Roku for $22 billion. And broadcast station owners have been desperate to combine to gain scale. With the exception of bidding on WBD, Comcast has stayed away from M&A and has focused on its own businesses. "There's no surprise that both the media and telecom landscapes have become increasingly competitive and that pace of change continues to accelerate. We simply don't see these conditions changing anytime soon," Cavanagh said on Monday's call. Cavanagh will be CEO of the media businesses post-spin, Comcast said. "Our plan for NBCUniversal and Sky is to build and invest for growth. We have the ambition that's big to pursue opportunities that keep us ahead of evolving consumer behavior and audience demands, and we have the freedom now to explore adjacent business where we have the right to play," Cavanagh said. Deal hurdlesThe motivation behind splitting a company apart is often to open up more deal opportunities. Still, it's not clear what deals the newly created company of NBCUniversal and Sky assets could explore without serious regulatory challenges. For one, housing broadcast network NBC creates various obstacles. The company wouldn't be able to merge with a company that has another national network, effectively taking Disney, the owner of ABC, and Paramount Skydance, owner of CBS off the table. Even eliminating the broadcasters from the equation, a deal with Paramount Skydance — which has been on something of a shopping spree under new CEO David Ellison — would be a stretch following the completion of its deal with WBD. Fox, the remaining major player in linear TV, has stayed away from traditional media after hiving off its entertainment assets years ago and likely doesn't have the appetite for another deal after its Roku agreement. With the WBD sale process Netflix showed it was open to doing deals — for the right assets. But Netflix's interest in WBD was in its film studio and streaming assets, casting aside WBD's linear networks. Even with major sports properties like the NFL's Sunday Ticket, the NBA and other top film content, it's hard to imagine Netflix would make such a shift and get into linear TV via a hypothetical deal with NBCUniversal. That leaves little else on the table when it comes to media deals, with the largest players all pretty much spoken for. Comcast didn't specify Monday what it expects either company to be valued at post-spin, but between the Universal theme parks business, a substantial, albeit small, streamer and a respected content library, NBCUniversal would likely be too large for a smaller player to swallow. On the cable side, it may be a similar scenario. Cord keepersThe remaining Comcast assets after the spin off — broadband, mobile and pay TV under the Xfinity brand — have gone from gangbusters growth to stagnation and often quarterly losses of broadband customers as competition has ramped up from wireless and satellite providers. The market immediately rewarded the stock of Charter Communications, another cable giant in the midst of completing a different acquisition, on Monday after Comcast's announcement. Charter shares soared 10%, signaling investors could be favoring a possible Comcast and Charter merger, tying up the two largest U.S. cable companies. Charter and Comcast have both invested heavily in their broadband networks and mobile businesses, even as competition has intensified. They are part of a joint venture in which Charter cable TV customers can use Comcast's Xumo streaming devices. They've also each aggressively changed pricing packages to go after and retain customers. But such moves have done little for either stock price. There's some historical precedent driving Wall Street's anticipation of a potential deal. Comcast attempted to acquire Time Warner Cable in 2014. When Comcast dropped its bid amid regulatory opposition, Charter scooped up the asset — then the nation's second-largest U.S. provider. The majority of modern-day Charter used to be Time Warner Cable. Still, there's reason for skepticism, according to MoffettNathanson analyst Craig Moffett. The Department of Justice had been prepared to block a Comcast-Time Warner Cable deal. Even if a hypothetical Comcast-Charter deal got federal approval, it would need state-by-state acceptance, which may not be easy in Democrat-controlled states such as Massachusetts, Illinois and Maryland, Moffett said in an interview. "You'd have to go through a gauntlet of individual state public service commissions," Moffett said. "There would likely be pretty staunch opposition in blue states that are traditionally opposed to mergers like this." There's also the enormous debt load that would come with such a combination, according to the person close to the matter. Charter is in the midst of closing its merger with Cox, which would leave it with a debt load of more than $100 billion after taking on Cox's debt. Assuming Comcast shoulders much of the debt load post-spin in a move to alleviate NBCUniversal — a hallmark of the Versant spinoff was a low amount of debt on the new company — combining the two cable companies would create a hefty debt burden, the person said. There are also strategic questions about a Charter-Comcast deal. In 2014, when Comcast tried to buy Time Warner Cable, one of the driving forces of that transaction was the ability to gain leverage over media programmers in TV carriage disputes by adding subscribers. More than a decade later, the cable TV business has become a far smaller component of both Charter and Comcast, diminishing the value of this potential synergy. There are few broadband synergies by simply owning more customers, Moffett said. Cable businesses are local operations that are largely unaffected by adding scale, he said. "Your cost structure in Chicago isn't meaningfully affected if you own systems in North Carolina," Moffett said. To be sure, former Comcast chief financial officer and incoming CEO of the cable assets post-spin, Michael Angelakis, said Monday he believes the company has the network assets it needs to compete. Future transactionsRather than an immediate transaction, Comcast may be looking years ahead. "It may not be imminent. But I think it probably sets the stage on the M&A front," said Jonathan Miller, a media industry veteran, who currently serves as chief executive of Integrated Media, which specializes in digital media investments. "This is literally done for the purpose of having more optionality around different opportunities," Miller added. Timing of a future deal may also come down to technicalities. Comcast estimated a one-year timeline to close the split. After that, standard U.S. tax regulation compels potential acquiring companies to wait even longer before acquiring a recently spun-off target. However, depending on details such as the kind of deal and timing, there are varying degrees to just how long a company has to wait, the person familiar said. Disclosure: Versant Media Group is the parent company of CNBC. |
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2026-06-29 20:28
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Frontdoor Names Finance and Real Estate Executive Hilla Sferruzza to Board of Directors | FMP Stock News | |
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MEMPHIS, Tenn.--(BUSINESS WIRE)--Frontdoor, Inc. (NASDAQ: FTDR), the nation's leading provider of home warranties and new home builder warranties, today announced that it expanded its board to nine and unanimously approved the election of Hilla Sferruzza as a director, effective today. Sferruzza will also serve on the Audit Committee. “We are thrilled to welcome Hilla to Frontdoor's board,” said Bill Cobb, Frontdoor's Chairman and Chief Executive Officer. “Hilla will further enhance the financi. |
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2026-06-29 14:06
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Is Holding Regency Centers Stock Still Smart Move for Your Portfolio? | FMP Stock News | |
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REG benefits from strong leasing, grocery-anchored centers and redevelopment, but e-commerce, debt and execution risks remain. |
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2026-06-29 20:25
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2026-06-29 14:28
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AeroVironment Q4 Print: Drones In Demand, But Doubt In The Stock? | FMP Stock News | |
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AVAV stock is up heading into the print. Watch the price action here. Backlog and VisibilityAeroVironment closed the third quarter with a record funded backlog of roughly $1.1 billion, supported by total bookings of about $2.1 billion over the first nine months and a book‑to‑bill ratio near 1.6. A book-to-bill ratio of 1.6 signals demand running ahead of recognized revenue and underpins management’s framing of the fourth quarter as a potential record quarter driven by conversion of delayed Space, Cyber and Directed Energy (SCDE) work. Investors have also seen a string of multi‑year U.S. Army and foreign military sales awards in unmanned aircraft and counter‑UAS systems, with recent contracts totaling in the high hundreds of millions and extending revenue visibility into the next decade. The question is less about the existence of demand and more about its quality: how much of AeroVironment’s backlog sits in funding‑sensitive programs and whether management’s fourth quarter commentary reduces concerns around timing, competitive rebids and program‑level risk. Stock Setup and Valuation TensionDespite the supportive fundamentals, AeroVironment shares have fallen about 43% year to date and more than 30% over the past three months following a sizable third-quarter miss and a cut to full‑year guidance. Revenue of roughly $408 million in the third quarter came in more than 15% below consensus, with EPS also missing, and management trimmed its fiscal 2026 outlook to $1.85 billion to $1.95 billion of revenue. The stock has traded in the mid‑$140s to mid‑$150s recently, well below its consensus price target of $302.44 based on the ratings of 19 analysts compiled by Benzinga. The disconnect between AeroVironment’s current price and the consensus price target gives this earnings report a clear narrative hook: broken momentum versus intact thesis. On one side, the market is treating AeroVironment as a "prove‑it" story after guidance cuts, margin volatility and program delays; on the other, a consensus target around $300 per share, reflecting confidence that backlog and bookings will eventually translate into cleaner earnings and cash flow. Monday evening’s earnings report could be a potential capitulation moment if execution again disappoints, or a reset where a true record quarter, solid SCDE catch‑up and a steadier FY27 outlook begin to narrow the gap between a discounted share price and bullish valuation models. AVAV Stock Price Activity: AeroVironment stock was up 2.76% at $141.76 at the time of publication on Monday, according to data from Benzinga Pro. Over the past month, AeroVironment stock has declined about 29.7% versus a 2% decline in the S&P 500 and is down roughly 43% year-to-date compared to the index’s 8% gain. The stock is trading near its 52-week low of $135.20. Photo: Shutterstock This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. 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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AVAV INVESTOR DEADLINE APPROACHING: 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. - June 29, 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/303270 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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AeroVironment, Inc. Notice of July 27, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline | FMP Stock News | |
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New York, New York and New Orleans, Louisiana--(Newsfile Corp. - June 29, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of AeroVironment, Inc. who were adversely affected if they purchased the Company's securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern District of Virginia. Cannot view this video? Visit: https://www.youtube.com/watch?v=b86qi_eJ54U Follow the link below to get more information and be contacted by a member of our team: https://www.ksfcounsel.com/cases/nasdaqgs-avav/ AeroVironment investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-avav/ to learn more. CLICK HERE for more information CASE DETAILS: According to the Complaint, AeroVironment and certain of its executives are charged with failing to disclose material information during the class period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resource program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network; (ii) accordingly, defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, defendants' public statements were materially false and misleading at all relevant times. The case is Norrell v. AeroVironment, Inc., et al, No. 26-cv-01429. WHAT TO DO? If you invested in AeroVironment and suffered a loss during the relevant time frame, you have until July 27, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff. To Learn More, Click HERE About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit www.ksfcounsel.com. CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303359 Source: Kahn Swick & Foti, LLC 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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AeroVironment Announces Fiscal 2026 Fourth Quarter and Fiscal Year Results | FMP Stock News | |
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ARLINGTON, Va.--(BUSINESS WIRE)---- $AVAV #AVAV--AeroVironment, Inc. (NASDAQ: AVAV) (“AeroVironment” or the “Company”) reported today financial results for the fiscal fourth quarter and year ended April 30, 2026. Fourth Quarter Highlights: Record fourth quarter revenue of $641.6 million and fiscal year revenue of $1,976.8 million, up 133% and 141% year-over-year, respectively Bookings of $2.7 billion and book-to-bill ratio of 1.4 for the fiscal year Funded backlog of $1.2 billion “Fiscal 2026 marked a transfor. |
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Freedom Holding Corp. Names Valeriy Kim Chief Financial Officer | FMP Stock News | |
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ALMATY, Kazakhstan & NEW YORK--(BUSINESS WIRE)--Freedom Holding Corp. (Nasdaq: FRHC) today announced that Valeriy Kim, most recently Vice President of Finance of Freedom Holding Corp. and Chief Executive Officer at Freedom Holding Operations LLP, a Freedom Holding Corp. subsidiary, has been appointed as Chief Financial Officer of Freedom Holding Corp. Mr. Kim succeeds Evgeny Ler, who has served as the company's CFO since 2015. Mr. Ler is expected to serve as a special advisor to Freedom Holding. |
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2026-06-29 16:01
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Monolithic Power Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Monolithic Power Systems, Inc. - MPWR | FMP Stock News | |
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NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Monolithic Power Systems, Inc. (NasdaqGS: MPWR) (“Monolithic” or the “Company”). On November 11, 2024, Edgewater Research analysts published a report revealing that Nvidia, the Company's largest customer, had cancelled half of its outstanding Monolithic Power orders. |
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GPK INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Graphic Packaging (GPK) Investors of Securities Class Action Lawsuit Deadline on July 6, 2026 | FMP Stock News | |
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Graphic Packaging To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Graphic Packaging between February 4, 2025 and February 2, 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. - June 29, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Graphic Packaging Holding Company ("Graphic Packaging" or the "Company") (NYSE: GPK) and reminds investors of the July 6, 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) Graphic Packaging was experiencing, inter alia, significant inventory management issues, as well as significantly reduced demand and volumes and increased costs; (2) Defendants downplayed the true scope and severity of the foregoing issues, which were likely to, and did, have a material negative impact on the Company's business and financial results; (3) Defendants likewise overstated the strength and sustainability of the Company's business model and operations, as well as its ability to weather ongoing macroeconomic headwinds; (4) accordingly, the Company's previously issued FY 2025 financial guidance was unreliable and/or unrealistic; and (5) 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 Graphic Packaging's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Graphic Packaging class action, go to www.faruqilaw.com/GPK 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 Graphic Packaging Holding Company Securities Class Action Lawsuit: What is the Graphic Packaging securities fraud lawsuit about? The Graphic Packaging securities fraud lawsuit is a federal securities class action alleging that Graphic Packaging Holding Company (NYSE: GPK) and its executives made false and misleading statements to investors by concealing significant inventory management issues, reduced demand and volumes, and increased costs, while overstating the strength and sustainability of the Company's business model and issuing unreliable financial guidance. As the truth emerged through a series of disclosures - including a May 1, 2025 Q1 earnings miss and sweeping downward revision to FY 2025 guidance, a December 8, 2025 announcement of accelerated inventory reductions, further guidance cuts, and the CEO's departure, and a February 3, 2026 Q4 earnings miss accompanied by a projected meaningful decline in 2026 adjusted EBITDA and the launch of a comprehensive business review - GPK's stock price fell sharply across each disclosure, causing significant cumulative losses for investors. Who may be eligible to participate in the Graphic Packaging class action lawsuit? Investors who purchased or acquired Graphic Packaging Holding Company (GPK) stock between February 4, 2025 and February 2, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the Graphic Packaging 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 Graphic Packaging 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 Graphic Packaging lawsuit? A lead plaintiff in the Graphic Packaging 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 Graphic Packaging investor who purchased GPK 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 6, 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 Graphic Packaging stock during the Class Period? Investors who purchased Graphic Packaging Holding Company (GPK) stock between February 4, 2025 and February 2, 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 Graphic Packaging securities class action is July 6, 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/GPK 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/303281 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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Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of August 4, 2026 in Verra Mobility Corporation Lawsuit - VRRM | FMP Stock News | |
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NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP alerts investors in Verra Mobility Corporation (NASDAQ: VRRM) of a pending securities class action naming two senior officers as individual defendants. Class Period: February 24, 2026 through May 26, 2026. Find out if you qualify to recover losses or contact Joseph E. Levi, Esq. at [email protected] | (212) 363-7500.VRRM shares lost 13.08 to $3.85 after the Company disclosed Avis Budget Group's contract termination. The Court has set August 4, 2026 as the deadline to apply for lead plaintiff appointment. The Named Individual Defendants David Roberts, President, Chief Executive Officer and Director, and Craig Conti, Chief Financial Officer, are each named as defendants in the securities action filed in the United States District Court for the District of Arizona. The complaint charges that both executives possessed the power and authority to control the contents of Verra's SEC filings, press releases, conference call statements, and presentations to analysts and institutional investors. The lawsuit contends that each defendant was provided with copies of the Company's reports and press releases prior to or shortly after issuance, and had both the ability and opportunity to prevent misleading statements or cause them to be corrected. Section 20(a) Control Person Framework Section 20(a) of the Securities Exchange Act imposes liability on individuals who act as "controlling persons" of a company that violates Section 10(b). The action alleges that Roberts and Conti controlled Verra's day-to-day operations, directed its public communications strategy, and determined what information reached the investing public during the Class Period. Roberts directed Verra's strategic messaging at the February 24, 2026 earnings call, the March 3, 2026 Morgan Stanley conference, and the May 6, 2026 Q1 earnings call, allegedly providing reassurances about contract renewal prospects that omitted material adverse factsConti presented detailed financial guidance and segment-level projections at each of these events, reaffirming full-year 2026 targets through May 6 despite alleged knowledge of deteriorating negotiations with Avis Budget GroupBoth executives signed Verra's Form 10-K for fiscal year 2025, filed February 24, 2026, which highlighted "long-standing relationships" with Avis, Enterprise, and Hertz without disclosing the fragility of the Avis renewalBoth defendants bore Sarbanes-Oxley certification obligations under Sections 302 and 906, personally attesting to the accuracy of Verra's financial disclosures and the effectiveness of internal controls Sarbanes-Oxley Certification Obligations Under SOX Section 302, Roberts and Conti each certified that Verra's SEC filings did not contain untrue statements of material fact or omit material facts necessary to make statements not misleading. Under SOX Section 906, each certified that the financial statements fairly presented the Company's financial condition and results of operations. The action asserts these certifications were materially false given the alleged concealment of risks surrounding the Avis relationship. "Corporate officers have a duty to ensure their companies' public statements are accurate and complete. When executives personally certify financial disclosures while allegedly withholding information about the potential loss of a customer representing over 10% of revenue, the law provides mechanisms for investor accountability." -- Joseph E. Levi, Esq. Speak with an attorney about recovering damages or call (212) 363-7500. About Levi & Korsinsky, LLP Levi & Korsinsky, LLP -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered. Frequently Asked Questions About the VRRM Lawsuit Q: Who are the defendants named in the VRRM lawsuit? A: The complaint names Verra Mobility Corporation and individual defendants David Roberts (CEO) and Craig Conti (CFO), who signed SEC filings and made public statements during the Class Period. Q: What is the VRRM lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is August 4, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date. Q: What do VRRM investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member. Q: What if I already sold my VRRM shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the Class Period and sold at a loss may still participate. Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery. Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs. CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 27th Floor New York, NY 10004 [email protected] Tel: (212) 363-7500 Fax: (212) 363-7171 |
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2026-06-29 20:21
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2026-06-29 15:32
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Verra Mobility Corporation (VRRM) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit | FMP Stock News | |
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, /PRNewswire/ -- Glancy Prongay Wolke & Rotter LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Verra Mobility Corporation ("Verra" or the "Company") (NASDAQ: VRRM).IF YOU SUFFERED A LOSS ON YOUR VERRA INVESTMENTS, CLICK HERE BEFORE AUGUST 4, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT What Is The Lawsuit About? The complaint filed alleges that, between February 24, 2026 and May 26, 2026, Defendants failed to disclose to investors that: (1) Verra's optimistic plan for continued growth in its Commercial Services business was dependent on its relationship with Avis, and in particular obtaining a contract extension with Avis Budget; (2) the Company minimized concerns that major RACs could replace Verra with in-house solutions or outsourced alternatives, making Verra's 2026 full year guidance increasingly unlikely to be met; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Contact Us To Participate or Learn More: If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us. Charles Linehan, Esq., Glancy Prongay Wolke & Rotter LLP, 1925 Century Park East, Suite 2100, Los Angeles California 90067 Email: [email protected] Telephone: 310-201-9150 (Toll-Free: 888-773-9224) Visit our website at www.glancylaw.com. Follow us for updates on LinkedIn, Twitter, or Facebook. If you inquire by email, please include your mailing address, telephone number and number of shares purchased. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contact Us: Glancy Prongay Wolke & Rotter LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 Charles Linehan Email: [email protected] Telephone: 310-201-9150 Toll-Free: 888-773-9224 Visit our website at: www.glancylaw.com. SOURCE Glancy Prongay Wolke & Rotter LLP |
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2026-06-29 20:21
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2026-06-29 15:42
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HBSS Investigates Verra Mobility Corporation (VRRM) Following CEO Resignation Amid Investor Class Action -- HBSS | FMP Stock News | |
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, /PRNewswire/ -- Hagens Berman (HBSS), a securities litigation leader, is broadening its investigation into Verra Mobility Corp. (NASDAQ: VRRM) following the company's disclosure of an abrupt leadership transition. The news comes in the wake of a securities action suit stemming from the catastrophic loss of a major contract.VRRM Investors Submit Your Losses Now to HBSS Class Period: Feb. 24, 2026 – May 26, 2026 Lead Plaintiff Deadline: Aug. 4, 2026 Visit: www.hbsslaw.com/investor-fraud/vrrm Contact the Firm Now: [email protected] 844-916-0895 Leadership Vacuum On June 1, 2026, Verra Mobility announced that long-time CEO David Roberts has abruptly stepped down, ending a 12-year tenure. This departure follows a volatile period for the company, initiated by the unexpected termination of a key contract with Avis Budget Group—a move that wiped out approximately $1.4 billion in shareholder value. The Board of Directors has appointed former Chief Transformation and Legal Officer Jon Keyser as interim President and CEO while retaining a global search firm for a permanent replacement. Hagens Berman is investigating whether the departure is causally related to the allegations in the securities class action suit. Verra Mobility Corporation (VRRM) Securities Class Action: The complaint alleges Verra made false and misleading statements and did not disclose important information to investors about the true state of the Verra/Avis relationship and the likelihood of Verra receiving an Avis contract renewal. The truth allegedly emerged on May 26, 2026, when Verra disclosed that it received a termination notice effective September 2026 from Avis regarding the companies' contract, that it is taking immediate actions to cut costs, adapt operations, and reposition its business, and revised its 2026 outlook that significantly deviated from that given just twenty days prior. Verra also revealed that it was reviewing the parties' negotiations and handling of confidential information. The news promptly sent the price of Verra shares 70% crashing lower on May 27, 2026, amputating $1.4 billion from the company's market capitalization in a single day. View our latest video summary of the allegations: youtu.be/FVEw5XACoGA "Our investigation is focused on the extent to which and when Verra and its executives knew that renegotiations with Avis were far from constructive, as the May 26 surprise reveals," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation. If you invested in Verra and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now. If you'd like more information and answers to other frequently asked questions about the Verra case and the firm's investigation, read more. Whistleblowers: Persons with non-public information regarding Verra should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected]. About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. Attorney Advertising. Prior results do not guarantee a similar outcome in any future case. SOURCE Hagens Berman Sobol Shapiro LLP |
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2026-06-29 15:20
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CALX INVESTOR DEADLINE APPROACHING: 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. - June 29, 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/303275 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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2026-06-29 15:39
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FSK FINAL DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages FS KKR Capital Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important July 6 Deadline in Securities Class Action - FSK | FMP Stock News | |
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New York, New York--(Newsfile Corp. - June 29, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of FS KKR Capital Corp. (NYSE: FSK) between May 8, 2024 and February 25, 2026, inclusive (the "Class Period"), of the important July 6, 2026 lead plaintiff deadline.SO WHAT: If you purchased FS KKR Capital securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the FS KKR Capital class action, go to https://rosenlegal.com/submit-form/?case_id=64089 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 6, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) FS KKR Capital overstated the effectiveness of its portfolio restructuring efforts for its nonaccrual companies; (2) FS KKR Capital overstated the valuation of its portfolio investments and/or overstated the effectiveness of FS KKR Capital's portfolio valuation process; (3) FS KKR Capital overstated the durability of its quarterly distribution strategy; and (4) as a result of the foregoing, defendants' positive statements about FS KKR Capital's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the FS KKR Capital class action, go to https://rosenlegal.com/submit-form/?case_id=64089 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303356 Source: The Rosen Law Firm PA 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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2026-06-29 20:18
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2026-06-29 15:59
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FSK INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds FS KKR Capital (FSK) Investors of Securities Class Action Lawsuit Deadline on July 3, 2026 | FMP Stock News | |
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In FS KKR Capital To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in FS KKR Capital between May 8, 2024 and February 25, 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. - June 29, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against FS KKR Capital Corp. ("FS KKR Capital" or the "Company") (NYSE: FSK) and reminds investors of the July 3, 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 overstated the effectiveness of its portfolio restructuring efforts for its nonaccrual companies; (2) the Company overstated the valuation of its portfolio investments and/or overstated the effectiveness of the Company's portfolio valuation process; (3) the Company overstated the durability of its quarterly distribution strategy; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. 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 FS KKR Capital's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the FS KKR Capital Corp. class action, go to www.faruqilaw.com/FSK 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 FS KKR Capital Corp. Securities Class Action Lawsuit: What is the FS KKR Capital securities fraud lawsuit about? The FS KKR Capital securities fraud lawsuit is a federal securities class action alleging that FS KKR Capital Corp. (NYSE: FSK) and its executives made false and misleading statements to investors by overstating the effectiveness of its portfolio restructuring efforts for nonaccrual companies, overstating the valuation of its portfolio investments, and overstating the durability of its quarterly distribution strategy. As the truth emerged through a series of disclosures - including an August 6, 2025 report revealing a 6.2% decline in net asset value, a $474 million drop in total fair value of investments, and a loss per share of negative $0.75, followed by a February 25, 2026 announcement of further NAV deterioration, an additional $406 million decline in investment fair value, a dividend cut from $0.70 to $0.48 per share, and an acknowledgment that identified problem companies accounted for only 50% of net realized and unrealized losses - FSK's stock price dropped sharply, causing significant losses for investors. Who may be eligible to participate in the FS KKR Capital class action lawsuit? Investors who purchased or acquired FS KKR Capital Corp. (FSK) stock between May 8, 2024 and February 25, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the FS KKR Capital 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 FS KKR Capital 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 FS KKR Capital lawsuit? A lead plaintiff in the FS KKR Capital 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 FS KKR Capital investor who purchased FSK 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 3, 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 FS KKR Capital stock during the Class Period? Investors who purchased FS KKR Capital Corp. (FSK) stock between May 8, 2024 and February 25, 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 FS KKR Capital securities class action is July 3, 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/FSK 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/303279 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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2026-06-29 20:18
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2026-06-29 16:00
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From Sobriety and Strength to Weight Loss and Confidence: Five Inspiring Winners of Life Time's 2026 60XT Challenge Revealed | FMP Stock News | |
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Nationwide honorees from more than 32,000 entries showcase powerful physical and mental transformations through Life Time's proven program focused on lasting change, /PRNewswire/ -- More than 32,000 people signed up for Life Time's 60XT Challenge and today Life Time (NYSE: LTH), announced the five national winners of its 8-week body transformation program that pairs structured strength and cardio training with habit tracking, expert coaching and nutrition support to help participants achieve lasting, measurable change. The program reflects Life Time's comprehensive approach to fitness, nutrition, recovery and community. Participants of 60XT follow a proven model that combines workouts, habit tracking and expert coaching support. Individuals choose from four goal-based training programs, incorporating three weekly strength sessions and three cardio workouts, while benefiting from recovery services and nutrition guidance integrated across Life Time’s ecosystem. Each honoree will receive a prize package valued at more than $27,000, with five other national finalists earning packages valued at more than $16,000, a total of more than $200,000 in value. Over the past two decades, 3.5 million people have participated in Life Time challenges, reinforcing the company's role as a pioneer in structured programs that help members build sustainable healthy habits. "Every day we're helping people achieve their health and wellness goals, and our 60XT Challenges reinforce intentionality and healthy competition. For many, it's the push they need to drive real change," said Ryan Sonnenburg, Senior Vice President of Dynamic Personal Training and Business Operations at Life Time. "Each year, we see incredible stories of resilience, discipline and personal growth. This year's winners represent what's possible when you commit to a structured plan, have the support of expert-programming and a community behind you." Participants of 60XT follow a proven model that combines workouts, habit tracking and expert coaching support. Individuals choose from four goal-based training programs, incorporating three weekly strength sessions and three cardio workouts, while benefiting from recovery services and nutrition guidance integrated across Life Time's ecosystem. Meet the 2026 60XT Challenge Winners: Connor Dugan (Westminster, CO) After becoming a husband and father, Dugan realized his health had taken a back seat and committed to proving what sustained discipline looks like. Through daily workouts, a nutrition overhaul, utilizing the cold plunge and sauna, and support from his Life Time community and coach, he lost more than 50 pounds, dramatically reduced body fat and improved his key health markers. Beyond the physical transformation, he credits the challenge with strengthening his mindset, helping him manage anxiety and inspiring him to show up as the best version of himself for his family. Jared Johnson (Cherry Creek, CO) Johnson's transformation was driven by a powerful purpose: Being strong enough to care for his disabled son. With the guidance of his coach and a focus on rebuilding his foundation through strength, nutrition, and recovery, he lost 38 pounds while gaining nine pounds of lean muscle and dramatically improving body composition. More important, Jared regained the strength, confidence and capability to carry his son without fear. Cierra Payton (Castle Creek, IN) After years of struggling with disordered eating and weight gain, Payton saw the 60XT Challenge as an opportunity to redefine her relationship with food and her body. Through disciplined nutrition tracking, consistent workouts, and support from her partner and Life Time community, she built sustainable habits and gained energy, confidence and control over her health. She says several habits from the challenge like eating more protein, post-meal walks and workouts at her Life Time club, will remain staples moving forward. Mary Roberts (Miami at the Falls, FL) Following years of global humanitarian work that left her health depleted, Roberts turned to Life Time and the 60XT Challenge to reclaim her well-being. With a structured routine of consistent movement, high-protein nutrition, and intentional recovery, she lost nearly 50 pounds during the challenge and surpassed a 100-pound weight-loss milestone within a year. Beyond the physical results, Mary rediscovered confidence, joy in movement and a sustainable lifestyle that has helped her truly "love her life" again. Jennifer Taggart (Easton, OH) Taggart's journey began with sobriety and evolved into a complete lifestyle transformation rooted in consistency and self-care. Through the 60XT Challenge, she refined her nutrition, reduced body fat significantly while building strength and discovered sustainable habits that elevated her energy, confidence and overall well-being. She credits Life Time's community and programming with helping her not only transform physically but also step confidently into a new career with a renewed sense of self. The 60XT Challenge uniquely connects participants to Life Time's broader healthy way of life community, where expert coaching, recovery services and nutrition coaching support reinforce the habits built during the program, helping members sustain progress long after the 60 days end. Every Life Time location boasts a roster of certified personal trainers ready to support members wherever they are on their health journey. For more information about Life Time, visit www.lifetime.life, follow on social media at Facebook, Instagram and LinkedIn, or download the Life Time app. You can also find Life Time's collection of supplements, equipment and apparel on the LT Shop by following its Instagram page. About Life Time Life Time (NYSE: LTH) empowers people to live healthy, happy lives through its more than 190 athletic country clubs across the U.S. and Canada, the complimentary and comprehensive Life Time app featuring its L•AI•C™ AI-powered health companion, and more than 30 iconic athletic events. Serving people ages 90 days to 90+ years, the Life Time ecosystem uniquely delivers healthy living, healthy aging, and healthy entertainment experiences, a range of unique healthy way of life programs, highly trusted LTH nutritional supplements and more. Recognized as a Great Place to Work®, the company is committed to upholding an exceptional culture for its more than 50,000 team members. SOURCE Life Time, Inc. |
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2026-06-29 20:17
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2026-06-29 13:55
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AGX vs. PRIM: Which Energy Infrastructure Stock is the Better Pick? | FMP Stock News | |
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Key Takeaways Argan posted record results, with backlog up 49.1% and revenues rising 50% in fiscal Q1 2027.AGX benefits from power demand trends, while PRIM targets grid, gas and utility infrastructure growth.PRIM faces softer near-term execution and estimate cuts, while AGX earnings estimates moved higher. The rise in United States energy infrastructure spending is one of the strongest secular themes in the industrial sector, and companies like Argan, Inc. (AGX - Free Report) and Primoris Services Corporation (PRIM - Free Report) are well-positioned to benefit. The key point is that the US needs not only more electricity generation but also more infrastructure to produce, transport and deliver that power reliably.Argan is a Virginia-based engineering and construction company, focused primarily on the power and industrial infrastructure markets. Primoris Services is a Texas-based specialty infrastructure contractor that provides engineering, construction, maintenance and replacement services for critical infrastructure projects across the United States and Canada. Let’s closely compare the fundamentals of the two energy infrastructure stocks to determine which one is a better investment now. The Case for Argan StockArgan is benefiting from powerful long-term energy infrastructure trends driven by data center expansion, manufacturing reshoring, electrification and growing electricity demand. Its expertise in large-scale natural gas and renewable power projects positions it well to capitalize on this opportunity. Despite normal project timing fluctuations, backlog remained exceptionally strong at approximately $2.77 billion as of the first-quarter fiscal 2027, which was up 49.1% year over year from $1.86 billion, supported by multiple large gas-fired projects and industrial contracts. Management expects to add several new projects over the next 10-18 months, providing visibility into future revenue growth and reinforcing confidence in sustained business momentum. Besides, Argan delivered record first-quarter fiscal 2027 results, with revenues surging 50% year over year to $291 million. Gross margin expanded 200 basis points (bps) to 21%, while earnings per share (EPS) grew 102.5% to $3.24 year over year. Strong project execution, favorable contract mix and ahead-of-schedule completion of key projects supported profitability. Growth across all operating segments demonstrates broad-based demand and strengthens confidence in the company’s earnings trajectory. AGX expects combined-cycle natural gas facilities to remain the dominant contributor to backlog while maintaining renewable capabilities to capture future opportunities. Expansion of industrial fabrication capacity, growing data-center-related demand and the company’s ability to execute 10-12 projects simultaneously further enhance its competitive position. Notably, management follows a disciplined capital allocation strategy focused first on organic growth investments, including workforce expansion and fabrication capacity additions, followed by a growing dividend, opportunistic share repurchases and selective acquisitions. Argan ended the first quarter of fiscal 2027 with $973.6 million in cash, cash equivalents and investments, net liquidity of $421.4 million and no debt. Strong operating cash flow, customer prepayments, project advances and investment income continue to support liquidity. During the fiscal quarter ended April 30, 2026, Argan repurchased shares worth $3 million and paid dividends of $7 million. Management follows a disciplined capital allocation strategy focused first on organic growth investments, including workforce expansion and fabrication capacity additions, followed by a growing dividend, opportunistic share repurchases and selective acquisitions. This balanced approach supports long-term growth while consistently returning capital to shareholders. The Case for Primoris Services StockPrimoris Services remains well-positioned to capitalize on accelerating U.S. investment in power generation, grid modernization, natural gas infrastructure, pipelines and data centers. Management highlighted strong bidding activity across natural gas generation, renewables and pipeline projects, while Utilities continues to benefit from rising power delivery demand as customers expand grid reliability and capacity. Although total backlog moderated sequentially to $11.6 billion due to award timing, Utilities backlog climbed to a record $6.9 billion, supported by a 7.2% increase in recurring MSA backlog to $7.5 billion. During the first quarter of 2026, the Utilities segment posted 12.3% year-over-year revenue growth, while the gross margin expanded 60 basis points to 9.8%, driven by higher power delivery and gas operations activity. Management expects Utilities margins to improve further toward its 10-12% target range, while Energy margins should recover beginning in the second quarter of 2026 as new natural gas and renewable projects ramp and PayneCrest contributes. Moreover, PRIM continues to maintain a disciplined capital allocation strategy focused on balancing organic investments, strategic acquisitions and shareholder returns. Following the PayneCrest acquisition, the company retained strong liquidity of approximately $676.5 million, with plans to invest in growth opportunities while remaining selective about acquisitions that meet strict financial return thresholds. Despite favorable long-term industry trends, Primoris Services faces several near-term headwinds. First-quarter 2026 consolidated revenues declined 5.4% year over year as renewable energy activity slowed and project timing shifted, while the Energy segment experienced weaker profitability due to execution challenges on a few legacy renewable projects and delayed project starts. In addition, the company expects first-half 2026 results to remain softer than the second half, making its full-year 2026 guidance increasingly dependent on successful project execution, margin recovery and timely conversion of its strong bid pipeline into awarded work. Moreover, integration risks related to the PayneCrest acquisition and continued exposure to project timing, labor availability and customer spending patterns also remain factors investors should monitor. Stock Performance & ValuationAs witnessed from the chart below, in the past three months, Argan’s share price performance has significantly outperformed Primoris Services’ declining trend and the broader Construction sector. Image Source: Zacks Investment Research Considering valuation, over the last five years, Argan has been trading above Primoris Services on a forward 12-month price-to-earnings (P/E) ratio basis. Image Source: Zacks Investment Research Overall, from these technical indicators, it can be deduced that AGX stock offers an accelerating growth trend but with a premium valuation, while PRIM stock offers a declining trend with a discounted valuation. Comparing EPS Estimate Trends: AGX vs. PRIMThe Zacks Consensus Estimate for AGX’s fiscal 2027 and fiscal 2028 earnings has moved upward over the past 30 days to $12.60 and $16.66 per share, respectively. The revised estimates for fiscal 2027 and fiscal 2028 imply year-over-year growth of 29.4% and 32.2%, respectively. AGX's EPS Trend Image Source: Zacks Investment Research The Zacks Consensus Estimate for PRIM’s 2026 and 2027 earnings has trended downward over the past seven days to $2.75 and $5.26 per share, respectively. The revised estimates for 2026 imply a 51.1% year-over-year decline, while those for 2027 indicate 91.2% year-over-year growth. PRIM's EPS Trend Image Source: Zacks Investment Research Return on Equity (ROE) of AGX & PRIM StocksArgan’s trailing 12-month ROE of 36.89% significantly exceeds Primoris Services’ average, underscoring its efficiency in generating shareholder returns. Image Source: Zacks Investment Research Investment Decision: Choosing AGX Stock Over PRIM Stock?Argan continues to execute exceptionally well, supported by broad-based growth across its power and industrial businesses. Rising demand for natural gas generation, renewable energy and data center infrastructure provides strong revenue visibility, while management expects additional project awards over the next 10-18 months. Earnings estimates for fiscal 2027 and 2028 continue to move higher, and its industry-leading 36.9% ROE reflects outstanding capital efficiency. Meanwhile, Primoris Services also benefits from attractive infrastructure tailwinds, particularly in utilities and power delivery, with a record Utilities backlog and improving margin prospects. However, declining first-quarter revenues, execution challenges in legacy renewable projects, softer near-term guidance, acquisition integration risks and downward earnings estimate revisions temper the investment thesis. Although Argan trades at a premium valuation, that premium appears justified by its superior execution, accelerating stock performance, stronger balance sheet and significantly better earnings trajectory. Its stronger fundamentals, positive estimate revisions, robust liquidity and favorable exposure to the expanding U.S. energy infrastructure cycle provide a more compelling risk-reward profile and greater upside potential than Primoris Services at the current stage. Thus, with a Zacks Rank #1 (Strong Buy) compared with PRIM stock’s current Zacks Rank #5 (Strong Sell), AGX stock is clearly the better stock to buy now. You can see the complete list of today’s Zacks #1 Rank stocks here. |
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2026-06-29 20:17
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2026-06-29 15:56
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Levi & Korsinsky Announces Investigation of Securities Claims Against Primoris Services Corporation (PRIM) | FMP Stock News | |
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Primoris Services Corporation slashed FY 2026 net-income guidance by roughly 70% on June 22, 2026, triggering a significant intraday stock collapse June 29, 2026 15:56 ET | Source: Levi & Korsinsky, LLPNEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NYSE: PRIM) shares plunged 21.6% intraday on June 22, 2026, after the Company cut its FY 2026 net-income guidance from 223 - 234 million down to 71 - 101 million, reduction of approximately 70% in a single announcement. Shareholders who lost money on PRIM may submit their information here for a free evaluation. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500. The collapse followed a sharp divergence between what management had told investors and what the books ultimately showed. On the Q1 2026 earnings call dated May 6, 2026, CFO Ken Dodgen guided for full-year earnings per diluted share of 4.05--4.25 and adjusted EBITDA of 480--500 million. Six weeks later, the Company slashed its guidance on each metric, projecting earnings per share of 1.30--1.85 and adjusted EBITDA of only 275-325. The May 5, 2026 earnings release stated: "Importantly, the majority of our renewables portfolio continues to perform in line or ahead of expectations." The June 22 revision attributed the guidance collapse to cost overruns and schedule delays on six renewables projects. The Q1 2026 Form 10-Q, filed May 6, 2026, recorded goodwill of $856.9 million -- unchanged from 2025 -- with no impairment, no MD&A disclosure of the overruns, and no reference to COO Jeremy Kinch's pending departure, which was announced simultaneously with the guidance cut. Investors who purchased PRIM shares and suffered losses are encouraged to contact Levi & Korsinsky to discuss their legal rights. You may also reach Joseph E. Levi, Esq. at [email protected] or by telephone at (212) 363-7500. ABOUT THE FIRM -- For over two decades, Levi & Korsinsky has represented shareholders in securities class actions. Ranked in ISS Top 50 for seven consecutive years. Frequently Asked Questions About the PRIM Investigation Q: Who is conducting the PRIM investigation? A: Levi & Korsinsky, LLP is investigating potential securities law violations on behalf of investors who purchased PRIM securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors. Q: Who is eligible to participate in the PRIM investigation? A: Investors who purchased PRIM stock and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares. Q: How much did PRIM stock drop? A: Shares fell approximately 21.6% intraday on June 22, 2026, after the Company disclosed a roughly 70% reduction in FY 2026 net-income guidance and announced the sudden departure of COO Jeremy Kinch. Investors who purchased shares at artificially inflated prices may be entitled to compensation. Q: What do PRIM investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation. Q: What if I already sold my PRIM shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought PRIM and sold at a loss may still participate in the investigation. Q: What does it cost me to participate? A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs. Q: What if my PRIM losses are small -- is it still worth contacting a lawyer? A: Yes. There is no minimum loss amount required to participate in the investigation. CONTACT:\ Levi & Korsinsky, LLP\ Joseph E. Levi, Esq.\ Ed Korsinsky, Esq.\ 33 Whitehall Street, 27th Floor\ New York, NY 10004\ [email protected]\ Tel: (212) 363-7500\ Fax: (212) 363-7171 |
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2026-06-29 20:16
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2026-06-29 14:41
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Can Encompass Health's Expansion Strategy Drive Its Next Growth Phase? | FMP Stock News | |
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Key Takeaways EHC's growth story now hinges on expanding capacity efficiently to capture rising patient referrals.EHC opened a 49-bed hospital and added 44 beds in Q1 2026, with more expansions planned this year.EHC lifted 2026 adjusted EPS guidance after Q1 revenues rose 9% and adjusted EBITDA increased 11.2%. Encompass Health Corporation (EHC - Free Report) has reached an interesting point in its growth story. Demand is no longer the primary metric to watch. Supported by an aging U.S. population, the need for inpatient rehabilitation services continues to grow. Now the key question hinges on scale: Can EHC expand capacity fast enough to meet that demand?Many of its hospitals are currently operating at high occupancy levels. To address this, management has changed its strategy. Instead of waiting for facilities to reach near-full capacity, it is now launching expansion projects earlier. This proactive approach brings new beds online before capacity becomes a constraint, helping the company capture more patient referrals. We are already seeing this plan in action. In the first quarter of 2026, EHC opened a new 49-bed hospital in South Carolina and added 44 beds to existing locations. By the end of the year, it plans to open eight more hospitals and add about 175 beds. EHC has 11 additional hospitals in its development pipeline and plans to introduce a smaller hospital design in 2027 to better serve crowded, fast-growing markets. EHC's expansion strategy is beginning to translate into stronger financial performance. First-quarter 2026 revenues rose 9% and adjusted EBITDA increased 11.2%, prompting management to raise its 2026 adjusted EPS guidance to $5.89-$6.11 from $5.81-$6.10. The investment thesis now depends less on demand and more on execution. Successfully bringing new capacity online while maintaining operational efficiency could support sustained earnings growth over the long run. How Are EHC's Peers Positioned?Encompass Health is not alone in expanding capacity to meet rising healthcare demand. Medical sector peers like Select Medical Holdings Corporation (SEM - Free Report) and HCA Healthcare, Inc. (HCA - Free Report) are also investing in new facilities and hospital expansion to support long-term growth. Select Medical is also expanding its inpatient rehabilitation footprint through new hospitals and joint ventures with health systems. Select Medical continues to strengthen its rehabilitation network to meet rising demand for post-acute care. HCA Healthcare is also expanding its hospital network through new facilities and capacity additions to meet rising healthcare demand. HCA Healthcare continues to invest in its acute-care footprint, reinforcing capacity expansion as a key long-term growth strategy. EHC’s Price Performance, Valuation & EstimatesShares of Encompass Health have lost 4.5% year to date against the industry’s 14.3%. growth. Image Source: Zacks Investment Research From a valuation standpoint, EHC trades at a forward price-to-earnings ratio of 16.33X compared with the industry average of 18.08X. Encompass Health carries a Value Score of B. Image Source: Zacks Investment Research The Zacks Consensus Estimate for EHC’s 2026 earnings is pegged at $5.97 per share, implying a 9.54% increase from the year-ago period’s level. Image Source: Zacks Investment Research Encompass Health currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
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2026-06-29 20:15
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2026-06-29 14:15
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After a Weekend of Skirmishes, the U.S. and Iran Agree to Halt Hostilities. Here's What it Means for Energy Investors. | FMP Stock News | |
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The U.S. and Iran traded shots over the weekend. Iran attacked a couple of ships in the Strait of Hormuz in the past week. The U.S. military retaliated over the weekend, launching strikes on targets in Iran. However, both sides agreed to halt their hostilities and are reportedly meeting in Qatar this week to work towards a permanent peace deal.Oil prices have had a relatively muted reaction to the renewed hostilities. Both Brent oil (the global oil benchmark) and WTI (the U.S. oil benchmark) were up about 2% on Monday, with WTI regaining the $70-a-barrel level while Brent is approaching $75. Here’s a look at what this means for energy investors. Images source: Getty Images. All eyes on the StraitWhen the U.S. and Iran signed their Memorandum of Understanding (MOU) to implement a 60-day ceasefire earlier this month, Iran was to allow the safe passage of commercial ships through the Strait of Hormuz with no charge during that period. However, instead of abiding by the agreement, Iran has continued to threaten commercial traffic in the Strait, including launching drones that have struck a couple of ships. As a result, traffic through the Strait has slowed down considerably after an initial spike. However, Middle East energy producers are still loading oil and liquefied natural gas (LNG) on ships, with Saudi Arabia resuming crude oil loadings at its Ras Tanura terminal for the first time in four months. Getting more Persian Gulf oil and LNG to global markets is crucial, given the among of inventory the global economy has burned through since the war began. For example, oil storage in the key U.S. hub in Cushing, Oklahoma (one of the largest in the world), fell to 19 million barrels, its lowest level since 2014 and below the minimum for normal operations. Meanwhile, the U.S. Strategic Petroleum Reserve is down to 331.2 million barrels, its lowest level in more than 40 years. What this means for energy stocksThe continued Iranian attacks on ships attempting to transit the Strait of Hormuz are delaying the global energy market’s recovery. While energy market watchers believe Persian Gulf oil exports can quickly rebound to at least 75% of their pre-war levels, others believe the continued uncertainty will curtail the recovery. That could keep oil prices elevated in the coming weeks while the U.S. and Iran work towards a more permanent peace deal. There’s continued concern that low inventory levels could cause another spike in oil prices. Investors have a couple of options. They can invest in oil stocks on the thesis that crude prices should remain at or above their current levels for the foreseeable future, with upside potential if the Strait doesn’t fully reopen soon. A $70 price point is more than adequate for most oil stocks. For example, Chevron (CVX 1.42%) initially expected to generate an additional $12.5 billion in free cash flow this year at $70 oil, driven by expansion projects, cost-savings initiatives, and its acquisition of Hess. Further, Chevron expects to grow its free cash flow by more than 10% annually through 2030 at that price point. Chevron also offers strong upside to higher prices, as every $1-per-barrel increase in Brent's average annual price would boost its 2026 cash flow by $600 million. The company’s ability to thrive at the current pricing level positions it to grow shareholder value. Today's Change ( -1.42 %) $ -2.42 Current Price $ 168.64 Another option for investors is buying pipeline stocks. These companies typically generate fee-based cash flows backed by long-term contracts that mitigate the impact of commodity price volatility. For example, Oneok (OKE 0.47%) expects to get between 85% and 90% of its earnings from stable fee-based sources this year. That provides it with significant stability and visibility. The pipeline company offers a high dividend yield (currently 4.8%) and expects to grow its payout by 3% to 4% per year, driven by contractually secured expansion projects. As a result, Oneok should deliver predictable results regardless of crude prices. Uncertainty remains highThe renewed skirmishes in the Middle East increase uncertainty about when the Strait of Hormuz will return to normal. As a result, it’s unclear whether crude prices will continue to cool off or experience a resurgence. While that can make it harder to invest in oil stocks, given their sensitivity to oil prices, companies like Chevron can thrive in the coming years even if oil prices are lower. Meanwhile, pipeline stocks like Oneok can deliver steady growth and income regardless of crude prices. |
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HRMY Growth Trends Beyond Wakix Could Shape Its Next Growth Phase | FMP Stock News | |
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Key Takeaways Harmony Biosciences is expanding pitolisant into idiopathic hypersomnia and rare disorders.HRMY is advancing Pitolisant GR and HD to improve dosing, tolerability and differentiation.HRMY is developing BP-205 and EPX-100 to broaden its neuroscience pipeline footprint. Harmony Biosciences Holdings, Inc. (HRMY - Free Report) is no longer only a Wakix revenue story. The company is using its sleep-wake franchise to fund a broader neuroscience strategy.The central question is whether those emerging growth trends can turn pipeline investment into a more diversified business before competition and exclusivity risks pressure the core product. Harmony Pushes Beyond One IndicationHarmony is working to extend pitolisant beyond its established narcolepsy base. Its late-stage clinical work includes idiopathic hypersomnia, Prader-Willi syndrome and myotonic dystrophy type 1. That approach reflects a broader attempt to extract more value from an established mechanism across adjacent neurological settings. Rather than relying only on new patient starts in narcolepsy, HRMY is trying to build a wider clinical footprint around the same scientific foundation. Why HRMY Is Chasing Better FormulationsPitolisant Gastro-Resistant and Pitolisant High-Dose are central to that lifecycle strategy. The gastro-resistant version is intended to allow patients to start at a therapeutic dose without titration, while potentially improving tolerability for patients prone to gastrointestinal symptoms. The high-dose version targets a more differentiated label. Ongoing Phase III programs in narcolepsy and idiopathic hypersomnia are aimed at fatigue in narcolepsy and sleep inertia in idiopathic hypersomnia, with top-line data expected in 2027 and a target action date in 2028. For HRMY, formulation work is not just incremental. It is a way to defend the franchise and sharpen commercial positioning. How Harmony Is Entering Orexin and Rare EpilepsyHarmony’s BP1.15205 program moves the company into orexin-2 receptor agonism, an emerging area in sleep-wake therapeutics. The candidate is being developed for narcolepsy and other potential indications, and Harmony has described BP-205 as a highly potent, selective orexin-2 receptor agonist with potential once-daily dosing. The company is also moving deeper into rare epilepsy through EPX-100, or clemizole hydrochloride. EPX-100 is enrolling in two global Phase III registrational trials in Lennox-Gastaut syndrome and Dravet syndrome. Jazz Pharmaceuticals plc (JAZZ - Free Report) , which has exposure to rare sleep disorders and rare epilepsies, offers a useful comparison for how sleep and epilepsy franchises can sit within one neuroscience business. Alkermes plc (ALKS - Free Report) , another neuroscience-focused peer, also highlights investor interest in central nervous system portfolios beyond single-product stories. What Competition Means for HRMY’s FutureMore treatment development in narcolepsy and related disorders can help validate demand. A more active category may increase physician awareness, expand payer familiarity and reinforce the need for differentiated therapies. The same trend also raises pressure. Multiple orexin-2 receptor agonists are moving toward approval or late-stage development, while Harmony’s BP-205 remains early. More choices could narrow the window for differentiation, increase payer scrutiny and make execution around access, positioning and persistence more important. How Harmony’s Ratings Reflect These TrendsThe bottom line is that Harmony has credible growth trends, but the stock still needs proof that they can translate into broader revenue durability. Wakix remains the commercial engine, while pitolisant lifecycle programs, orexin science and rare epilepsy assets represent the next phase of the story. HRMY carries a Zacks Rank #3 (Hold), which points to a more balanced short-term setup rather than a clear momentum call. Its Value Score of A and VGM Score of A suggest the stock screens well on valuation and combined style characteristics, while its Growth Score of B supports the view that fundamental expansion remains part of the case. The Momentum Score of D tempers that message. Investors may need patience as the market waits for clearer evidence from Pitolisant GR, Pitolisant HD, BP-205 and EPX-100. The signals line up with a company investing into promising trends, but not yet with a stock that has fully earned a breakout narrative. |
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Harmony Biosciences Stock Outlook as Wakix Growth Meets Pipeline | FMP Stock News | |
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Key Takeaways Harmony Biosciences reaffirmed Wakix guidance of $1.0-$1.04 billion after 17% revenue growth.HRMY plans a 2026 NDA filing for Pitolisant GR and expects late-stage data in 2027.HRMY is advancing epilepsy and orexin-2 programs to reduce reliance on Wakix revenues. Harmony Biosciences Holdings, Inc. (HRMY - Free Report) is trying to turn a successful narcolepsy franchise into a broader neuroscience platform.The transition is funded by Wakix, which still does most of the commercial work. The question for investors is whether that cash-generating base can keep expanding while newer pitolisant products and non-pitolisant assets move closer to commercial relevance. Why Harmony Still Leans on WakixWakix remains Harmony’s core commercial engine. First-quarter 2026 net product revenues rose 17% year over year to $215.4 million, and the company reiterated full-year Wakix net revenue guidance of $1.0-$1.04 billion. The franchise benefits from broad payer coverage, rising prescriber familiarity and a differentiated profile as the only non-scheduled option in narcolepsy. Harmony exited the first quarter with roughly 8,600 patients on therapy, compared with about 80,000 diagnosed U.S. narcolepsy patients. That gap leaves room for adoption if plan changes, prior authorizations and other access frictions ease. How HRMY Is Extending PitolisantHarmony is using lifecycle management to make pitolisant matter beyond the current Wakix label. Pitolisant GR is a gastro-resistant, bioequivalent formulation designed to let patients start at a therapeutic dose without titration and potentially reduce gastrointestinal tolerability issues. The company expects to submit the Pitolisant GR new drug application in the second quarter of 2026, with a target action date in the first quarter of 2027. Pitolisant HD is further behind but potentially broader, with phase III programs in narcolepsy and idiopathic hypersomnia targeting differentiated labels tied to fatigue and sleep inertia. Top-line data are expected in 2027, with a potential action date in 2028. Harmony Builds a Broader CNS PipelineThe broader pipeline is meant to reduce Harmony’s dependence on one commercial asset. EPX-100 is enrolling in two global phase III registrational trials in rare epilepsies, including Lennox-Gastaut syndrome and Dravet syndrome. Harmony also holds rights to EPX-200 and is advancing BP1.15205, also known as BP-205, an orexin-2 receptor agonist with phase I clinical pharmacokinetic, safety and tolerability data from the single-ascending-dose portion expected in mid-2026. The amorphous pitolisant opportunity, supported by a patent running to 2042, adds another route into broader central nervous system indications. Jazz Pharmaceuticals plc (JAZZ - Free Report) remains an important reference point in sleep medicine through its oxybate franchise, while Axsome Therapeutics, Inc. (AXSM - Free Report) is relevant because AXS-12 is being developed for narcolepsy. Their presence underscores why Harmony is building across commercial, late-stage, early-stage and discovery-stage assets. What Could Limit HRMY UpsideThe main risk is concentration. Wakix still drives Harmony’s revenues, so any slowdown in patient starts, persistence, reimbursement or pricing could pressure growth. Seasonal first-quarter access headwinds were more pronounced in 2026, showing that demand does not fully remove operational friction. Competition is another constraint. The sleep-wake market is becoming more crowded, including orexin-2 programs and other narcolepsy approaches. Generic risk also matters. Harmony has settled with six of seven abbreviated new drug application filers, but earlier entry remains a concern if pediatric exclusivity does not extend protection as expected. How Harmony’s Ratings Fit This StoryHarmony’s setup looks balanced rather than a clean near-term momentum call. The stock currently carries a Zacks Rank #3 (Hold), which points to an in-line short-term earnings outlook rather than a clear buy or sell signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The Style Scores tell a more nuanced story. HRMY has a VGM Score of A, a Value Score of A and a Growth Score of B, suggesting favorable valuation and business-growth characteristics. Its Momentum Score of D is the offset, indicating weaker trading momentum. A longer-term Neutral view fits that mix, as Wakix durability and pipeline optionality are meaningful, but access friction, competition and patent timing keep the growth story from being risk-free. |
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2026-06-29 14:46
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Is HRMY Stock Worth Buying With Neutral Signals and Cheap Valuation? | FMP Stock News | |
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Key Takeaways Harmony Biosciences trades at 10.38X forward earnings, below industry and market averages.HRMY reiterated 2026 Wakix guidance despite missing earnings and revenue estimates in Q1.HRMY is advancing Pitolisant GR and HD programs while expanding rare epilepsy studies. Harmony Biosciences Holdings, Inc. (HRMY - Free Report) sits at an interesting point for investors. The stock looks inexpensive by several valuation measures, but the company depends heavily on Wakix for revenues.That creates a balanced buy debate. HRMY has a profitable commercial franchise and a funded pipeline, yet recent misses keep the setup from looking one-sided. Why HRMY Looks Cheap on PaperHRMY’s valuation profile is the clearest part of the bull case. The stock trades at 10.38X forward 12-month earnings, below 44.24X for the Zacks sub-industry, 21.22X for the Zacks sector and 20.9X for the S&P 500 index. Other measures also look restrained. HRMY has a current-year price-to-earnings ratio of 11.08, a PEG ratio of 0.70, a price-to-sales ratio of 2.28 and a price-to-book ratio of 2.25. The discount reflects a business concentrated around one commercial product and exposed to future competition and generic risk. Where Harmony Still Shows Operating StrengthHarmony still has operating support behind the valuation argument. In 2025, the company reported net product revenues of $868.5 million, up from $714.7 million in 2024. It also reiterated 2026 Wakix net revenue guidance of $1.0 billion to $1.04 billion. The balance sheet adds flexibility. Harmony ended the first quarter of 2026 with $870.5 million in cash, cash equivalents and investments. Consensus estimates also imply growth, with sales projected at $1.009 billion in 2026 and $1.129 billion in 2027, while earnings are projected at $3.20 per share in 2026 and $3.64 per share in 2027. Alkermes plc (ALKS - Free Report) gives investors another neuroscience peer to watch. Jazz Pharmaceuticals plc (JAZZ - Free Report) , with its sleep medicine presence, remains a relevant specialty pharma comparison. Why Recent Results Raise CautionThe latest quarter introduced caution. Harmony reported earnings of 55 cents per share, below the Zacks Consensus Estimate of 76 cents and down from 78 cents in the year-ago period. Net product revenues were $215.4 million, up 17% year over year, but they missed the Zacks Consensus Estimate of $222 million. The company exited the quarter with roughly 8,600 patients on therapy. Management cited seasonal market access headwinds, including plan changes, prior authorizations and premium resets, that delayed starts. This pattern occurs in the first quarter, but it was more pronounced this year. Spending also moved higher. Research and development expenses more than doubled to $69.3 million, reflecting pipeline expansion and licensing transactions. That spending could pay off, but it raises the execution bar. What Could Re-Rate HRMY StockA stronger stock case starts with Wakix. Smooth progress toward the 2026 revenue target would help show that access friction is manageable and that the narcolepsy opportunity remains underpenetrated. Pipeline execution is the second lever. Pitolisant GR is on track for an NDA submission in the second quarter, with a target action date in the first quarter of 2027. The formulation is designed to start patients at a therapeutic dose and potentially improve tolerability. Pitolisant HD is another key program, with phase III studies in narcolepsy and idiopathic hypersomnia. Top-line data are anticipated in 2027, and a target action date is expected in 2028. Investors will also watch whether pipeline spending can create future revenue streams. EPX-100 is enrolling in two phase III rare epilepsy studies, while amorphous pitolisant could open broader central nervous system indications. How Harmony’s Ratings Shape the Buy DebateThe bottom line is that HRMY looks more like a valuation-driven watchlist candidate than a clean momentum buy. Low multiples and revenue growth are appealing, but recent misses and product concentration keep the risk-reward balanced. The Neutral long-term view argues against an aggressive call. The stock currently carries a Zacks Rank #3 (Hold), which suggests a measured near-term setup rather than a clear signal for immediate outperformance. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The Style Scores are more constructive on valuation and fundamentals. HRMY has a VGM Score of A, a Value Score of A and a Growth Score of B, supporting the case that the shares screen well for value and business expansion. The Momentum Score of D is the offset. It suggests investors may need patience for the valuation case to work while the market waits for steadier execution and clearer pipeline progress. |
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2026-06-29 14:15
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2 Reasons to Buy MP Materials Stock, and 1 Reason to Sell | FMP Stock News | |
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Critical minerals are crucial for modern technology. These materials are essential for everything from smartphones to clean energy systems to modern defense platforms. Research from The Motley Fool shows that China controls a significant share of the supply chain for mining and processing critical minerals, which could pose a national security threat due to supply disruptions or trade disputes.Because of their importance, the U.S. is seeking to secure its supply of critical minerals and rare-earth elements, and MP Materials (MP +1.57%) is one company leading the way. Last year, the U.S. producer of rare-earth materials entered a historic deal with the government. For investors considering MP Materials, here are two reasons to buy the stock and one reason to sell. Image source: Getty Images. Reason No. 1 to buy: MP's Mountain Pass mine gives it a first-mover advantage MP Materials owns and operates the Mountain Pass mine in California, which is one of the world's richest rare-earth deposits and the only active rare-earth mine in the United States. The mine is a high-grade deposit with a total rare-earth element concentration of approximately 7% to 9%. The company also leverages a vertically integrated business model, from upstream mining and raw material refining to downstream metallization and alloying. MP's processing capabilities enable it to produce large volumes of rare-earth oxide concentrate, as well as separated neodymium-praseodymium (NdPr) oxide and metal, which are essential raw materials for high-powered permanent magnets used in electric vehicle motors, military guidance systems, and artificial intelligence data centers. With its mining operations and integrated business model, MP Materials has a first-mover advantage in the domestic "mine-to-magnet" supply chain. Reason No. 2 to buy: MP has a historic deal with the U.S. government Last year, MP Materials entered into a landmark public-private partnership with the U.S. government. As part of the deal, the U.S. has become MP Materials' largest shareholder through a $400 million convertible preferred equity investment. The deal includes a 10-year Price Protection Agreement (PPA) that establishes a guaranteed price floor of $110 per kilogram for the company's NdPr products produced at Mountain Pass. This price floor provides MP with predictable revenue while protecting it from predatory pricing strategies by state-subsidized foreign competitors who could flood the market with cheap material. Today's Change ( 1.57 %) $ 0.84 Current Price $ 54.74 Investors saw the effect of this arrangement first-hand in MP Materials' first-quarter earnings report, when its price protection agreement income boosted earnings by $42.3 million. In the quarter, MP achieved a record NdPr production of 917 metric tons, while sales increased 49% to $90.6 million. As a result, MP's adjusted EBITDA improved to $36.6 million, up from its $2.7 billion loss last year. Reason to sell: Scaling up its domestic processing capabilities will take significant time and capital MP Materials has the infrastructure to mine and process critical minerals, but it must continue to expand to meet growing demand for domestically sourced materials. As part of this, the company will construct a "10X" rare-earth magnet manufacturing campus in Northlake, Texas. The 10X facility is designed to scale total production capacity to roughly 10,000 metric tons of finished NdFeB magnets annually, with commercial commissioning projected to commence in 2028. MP Materials estimates that developing the 10X project will require roughly $1.25 billion. While the project is partially subsidized by government assistance, the company still has to borrow funds, and the capital intensity will likely strain cash flow during development. Any delays in the build-out could affect its projected growth. Not only that, but if trade relations with China materially improve, the need to develop domestically sourced critical minerals may be de-emphasized by regulators in the U.S. In the months following MP Materials' deal with the U.S. government, the stock surged to $100 per share. However, enthusiasm for the stock has waned, and it is now 46% off its 52-week high. The stock is priced at around 54 times its projected 2027 earnings and could be vulnerable to any struggles in ramping up production or expanding margins. Investors should be aware of the risks associated with owning MP Materials. That said, the company has a first-mover advantage in the domestic critical minerals space, and the agreement with the U.S. government provides it with a unique backstop that helps secure future revenue. If you're bullish on the build-out of the domestic mine-to-magnet supply chains, MP Materials is a top stock to own today. |
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2026-06-29 14:45
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BMI INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Badger Meter (BMI) Investors of Securities Class Action Lawsuit Deadline on August 3, 2026 | FMP Stock News | |
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Badger Meter To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Badger Meter between April 18, 2024 and April 16, 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. - June 29, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Badger Meter, Inc. ("Badger Meter" or the "Company") (NYSE: BMI) and reminds investors of the August 3, 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 Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution." They likewise touted "strong" demand and said they were seeing "robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth," and that Badger Meter possessed a "long runway" for growth. 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 Badger Meter's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Badger Meter class action, go to www.faruqilaw.com/BMI 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 Badger Meter Securities Class Action Lawsuit: What is the Badger Meter securities fraud lawsuit about? The Badger Meter securities fraud lawsuit is a federal securities class action alleging that Badger Meter, Inc. (NYSE: BMI) and its executives made false and misleading statements to investors by touting "strong" demand, a "robust" order pipeline, and a "long runway" for growth while concealing that the Company's financial results were not sustainable. As the truth emerged through a series of disclosures - including disappointing Q2 2025 results and a sequential sales decline forecast on July 22, 2025, missed revenue expectations and a 6% sequential decline in utility water sales on January 28, 2026, and Q1 2026 earnings that missed consensus estimates by $0.26 per share with revenue missing by $28.58 million on April 17, 2026 - BMI's stock price dropped sharply, causing significant losses for investors. Who may be eligible to participate in the Badger Meter class action lawsuit? Investors who purchased or acquired Badger Meter (BMI) stock between April 18, 2024 and April 16, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the Badger Meter 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 Badger Meter 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 Badger Meter lawsuit? A lead plaintiff in the Badger Meter 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 Badger Meter investor who purchased BMI 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 August 3, 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 Badger Meter stock during the Class Period? Investors who purchased Badger Meter (BMI) stock between April 18, 2024 and April 16, 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 Badger Meter securities class action is August 3, 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/BMI 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/303272 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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2026-06-29 20:13
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2026-06-29 15:02
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ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Badger Meter, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BMI | FMP Stock News | |
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NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) --WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Badger Meter, Inc. (NYSE: BMI) between April 18, 2024 and April 16, 2026, inclusive (the “Class Period”), of the important August 3, 2026 lead plaintiff deadline. SO WHAT: If you purchased Badger Meter common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Badger Meter class action, go to https://rosenlegal.com/cases/badger-meter-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements concerning the drivers of Badger Meter’s “record” financial results, demand for Badger Meter’s products, and its prospects for continued growth. During the Class Period, defendants told investors that Badger Meter's strong financial results reflected “ongoing favorable industry trends,” “secular growth drivers,” and “solid operating execution.” They likewise touted “strong” demand and said they were seeing “robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth,” and that Badger Meter possessed a “long runway” for growth. According to the lawsuit, these statements were materially false and misleading. In truth, Badger Meter’s financial results during the Class Period were at least partially attributable to Badger Meter’s practice of pulling-forward customer orders to recognize revenue early, which concealed weakening demand and deteriorating near-term order trends. This practice also depleted revenue otherwise available for future periods, ultimately causing the disappointing financial results Badger Meter later reported. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Badger Meter class action, go to https://rosenlegal.com/cases/badger-meter-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com |
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2026-06-29 20:13
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2026-06-29 15:40
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Badger Meter, Inc. (BMI) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit | FMP Stock News | |
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, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Badger Meter, Inc. ("Badger Meter" or the "Company") (NYSE: BMI) have opportunity to lead the securities fraud class action lawsuit.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN BADGER METER, INC. (BMI), CLICK HERE BEFORE AUGUST 3, 2026 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. What Is The Lawsuit About? The complaint filed alleges that, between April 18, 2024 and April 16, 2026, Defendants failed to disclose to investors that: (1) Badger Meter's financial results during the Class Period were at least partially attributable to the Company's practice of pulling-forward customer orders to recognize revenue early, which concealed weakening demand and deteriorating near-term order trends; (2) this practice also depleted revenue otherwise available for future periods, ultimately causing the disappointing financial results the Company later reported; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Contact Us To Participate or Learn More: If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us. The Law Offices of Frank R. Cruz, Email us at: [email protected] Call us at: 310-914-5007 Visit our website at: www.frankcruzlaw.com Follow us for updates on Twitter: twitter.com/FRC_LAW. If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. SOURCE The Law Offices of Frank R. Cruz, Los Angeles |
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FNB Earns Continued Recognition for Workplace Excellence | FMP Stock News | |
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FNB Earns Continued Recognition for Workplace Excellence PR Newswire PITTSBURGH, June 29, 2026 |
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Martin Marietta's Strategic Acquisition of Lhoist North America Valued at $13.5 Billion | FMP Stock News | |
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Martin Marietta (MLM) shares have dipped following the announcement of its merger with Lhoist North America in a cash-and-stock deal worth approximately $13.5 b |
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SoFi Has Quietly Met the Bar for S&P 500 Inclusion. Here's What Index Entry Could Do for the Stock. | FMP Stock News | |
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SoFi Technologies (SOFI +1.71%) was passed over for inclusion in the latest round of changes for the S&P 500 (^GSPC +1.17%), but the digital bank may soon meet the technical requirements.S&P Dow Jones Indices, a division of S&P Global, typically makes changes to the index quarterly, and the next time for new entries is in September. Here's why SoFi could make it in, and what it means for the stock. The S&P 500, as its name implies, is an index of about 500 stocks whose performance is often used as a proxy for the stock market. There are several eligibility requirements, including a market cap of at least $22.7 billion and trailing 12-month profitability, with positive net income in the most recent quarter. However, not every eligible stock will make it in. The people making the decision will often consider features like stock volatility and the balance of industries already included. Image source: Getty Images. In the June changeover, Marvell and Flex were both added to the index. Honeywell Aerospace will be added at the end of the month after being spun off from Honeywell International, which will be removed. When a stock gets included in the index, it benefits in some important ways. Most acutely, it has to be bought by all of the exchange-traded funds (and other funds) that track the index. The largest ETF by far is the Vanguard S&P 500 ETF, which has $1.7 trillion in assets. Vanguard alone has several ETFs that track different categories of the broader index, including growth and value. There are other ETF companies, like State Street and Invesco, that track indexes, too. In other words, just to stay on track with the S&P 500, large institutional investors will have to buy massive amounts of a stock that was included, and that could give the stock a short-term boost. Longer-term, it indicates confidence in the company's future and can lead to a more consistent stock performance. Does SoFi have what it takes? As of this writing, SoFi's market cap is $22.2 billion, below the threshold. It has been as high as $38 billion, but it may have been excluded for now because it's been so close to the cutoff. Today's Change ( 1.71 %) $ 0.30 Current Price $ 18.18 As for profitability, it has reported positive net income for 10 quarters, with $0.12 in the 2026 first quarter and $0.44 over the trailing 12 months, so it clears that hurdle quite comfortably. Should you buy it now on the chance that it gets a bump from a possible September inclusion? That wouldn't be the right reason, and at best, it's unknown. However, SoFi has a growing and exciting business in long-term financial disruption, and that could be a reason to buy it today. Jennifer Saibil has positions in SoFi Technologies and Vanguard S&P 500 ETF. The Motley Fool has positions in and recommends Honeywell International, Marvell Technology, S&P Global, and Vanguard S&P 500 ETF. The Motley Fool recommends Flex. The Motley Fool has a disclosure policy. |
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2026-06-29 20:08
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2026-06-29 13:46
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3 Reasons Why Growth Investors Shouldn't Overlook Sterling Infrastructure (STRL) | FMP Stock News | |
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Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects. Sterling Infrastructure (STRL - Free Report) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank. Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). While there are numerous reasons why the stock of this civil construction company is a great growth pick right now, we have highlighted three of the most important factors below: Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration. While the historical EPS growth rate for Sterling Infrastructure is 45.9%, investors should actually focus on the projected growth. The company's EPS is expected to grow 75.8% this year, crushing the industry average, which calls for EPS growth of 15.6%. Cash Flow GrowthWhile cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That's because, growth in cash flow enables these companies to expand their businesses without depending on expensive outside funds. Right now, year-over-year cash flow growth for Sterling Infrastructure is 52.5%, which is higher than many of its peers. In fact, the rate compares to the industry average of 8.8%. While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 38% over the past 3-5 years versus the industry average of 12%. Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. The current-year earnings estimates for Sterling Infrastructure have been revising upward. The Zacks Consensus Estimate for the current year has surged 1.9% over the past month. Bottom LineWhile the overall earnings estimate revisions have made Sterling Infrastructure a Zacks Rank #1 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. This combination indicates that Sterling Infrastructure is a potential outperformer and a solid choice for growth investors. |
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2026-06-29 14:32
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Allison Transmission Is Revving Up, Remains Cheap | FMP Stock News | |
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Allison Transmission Holdings is rated a solid 'Buy' due to its transformative $2.7 billion acquisition of Dana's Off-Highway segment. ALSN's combined business offers a global platform with diversified revenue streams across construction, agriculture, industrial, mining, and on-highway markets. Management targets $120 million in synergies and expects 2026 EBITDA of $1.6–$1.7 billion post-synergies, supporting attractive valuation versus peers. |
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Manhattan Associates, Inc. Investor News: Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Manhattan Associates, Inc. - MANH | FMP Stock News | |
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, /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential breaches of fiduciary duties by the directors and officers of Manhattan Associates, Inc. (NASDAQ: MANH).If you currently own shares of Manhattan Associates stock, please visit the firm's website at https://rosenlegal.com/submit-form/?case_id=35966 for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected]. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com SOURCE THE ROSEN LAW FIRM, P. A. |
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2026-06-29 14:39
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GDDY Investor News: If You Have Suffered Losses in GoDaddy Inc. (NYSE: GDDY), You Are Encouraged to Contact The Rosen Law Firm About Your Rights | FMP Stock News | |
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NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) --WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of GoDaddy Inc. (NYSE: GDDY) resulting from allegations that GoDaddy may have issued materially misleading business information to the investing public. SO WHAT: If you purchased GoDaddy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/godaddy-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. WHAT IS THIS ABOUT: Rosen Law Firm is investigating potential civil securities claims. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com |
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2026-06-29 20:00
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2026-06-29 13:49
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HELE UPCOMING DEADLINE: Levi & Korsinsky Alerts Helen of Troy Limited Stockholders of Securities Class Action - Contact the Firm | FMP Stock News | |
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NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP alerts investors in Helen of Troy Limited (NASDAQ: HELE) that two senior executives are named as individual defendants in a securities class action filed on behalf of shareholders who purchased securities between April 24, 2024, and October 8, 2025. Find out if you qualify to recover losses or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.HELE shares suffered three separate corrective declines during the Class Period, including a 27.7% single-day drop and a $414.4 million goodwill impairment. The Court has set August 3, 2026 as the deadline to apply for lead plaintiff appointment. The Named Individual Defendants The complaint identifies two Helen of Troy officers as controlling persons under Section 20(a) of the Securities Exchange Act of 1934: Noel Geoffroy served as CEO from March 1, 2024, until her sudden departure on May 2, 2025. Prior to her appointment as CEO, Geoffroy served as COO for approximately two years and personally spearheaded the Project Pegasus restructuring initiative.Brian Grass served as Interim CEO from May 2, 2025, through September 1, 2025, and has served as the Company's longtime CFO. Grass participated in earnings calls throughout the Class Period and made specific representations about Project Pegasus savings targets and gross margin expansion. Section 20(a) Control Person Framework The action contends that both Individual Defendants, by virtue of their senior positions, possessed the power and authority to control Helen of Troy's public statements, SEC filings, press releases, and presentations to analysts and institutional investors. As pleaded, each defendant was provided with copies of the Company's reports prior to issuance and had the ability and opportunity to prevent their dissemination or cause them to be corrected. Alleged Control Person Liability The complaint charges that the Individual Defendants: Controlled the contents of Helen of Troy's SEC filings, press releases, and analyst presentations throughout the Class PeriodHad direct involvement in day-to-day operations and intimate knowledge of the Company's actual performance versus public representationsPossessed access to material non-public information showing Project Pegasus was not delivering the efficiencies publicly claimedKnew that Helen of Troy lacked sufficient budget and resources to achieve stated restructuring and savings goalsAuthorized or approved statements touting Project Pegasus as "on track" and generating "fuel" for growth while internal realities contradicted these claims Sarbanes-Oxley Certification Obligations Under Sections 302 and 906 of the Sarbanes-Oxley Act, senior officers who sign SEC certifications bear personal responsibility for the accuracy and completeness of the financial statements and disclosures contained in periodic filings. Both Geoffroy and Grass signed certifications during the Class Period affirming the accuracy of Helen of Troy's public filings. Speak with an attorney about recovering damages or call (212) 363-7500. "Corporate officers have a duty to ensure their companies' public statements are accurate and complete. When executives personally direct a restructuring initiative and repeatedly certify its success to investors, they bear responsibility when those representations are allegedly contradicted by internal realities." -- Joseph E. Levi, Esq. Scienter Allegations The lawsuit asserts that a strong inference of scienter arises from multiple factors: Project Pegasus was personally spearheaded by Geoffroy, making it implausible that she was unaware of significant problems; macroeconomic and external conditions during the Class Period made original savings targets unachievable; and Geoffroy's sudden departure after only 14 months as CEO, with no successor in place, further supports the inference of knowledge. Submit your information to join the recovery or contact Joseph E. Levi, Esq. at (212) 363-7500. Levi & Korsinsky, LLP -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered. Frequently Asked Questions About the HELE Lawsuit Q: Who are the defendants named in the HELE lawsuit? A: The complaint names Helen of Troy Limited and individual defendants Noel Geoffroy (former CEO) and Brian Grass (Interim CEO and CFO), who signed SEC filings, made public statements, and certified financial disclosures under Sarbanes-Oxley during the Class Period. Q: What specific misstatements does the HELE lawsuit allege? A: The complaint alleges Helen of Troy made materially false or misleading statements regarding the progress, success, and savings trajectory of Project Pegasus, a global restructuring program. When the true state of affairs was revealed through multiple corrective disclosures, the stock price declined sharply on three separate, related occasions. Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run. Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs. Q: What if I already sold my HELE shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the Class Period and sold at a loss may still participate. Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery. Q: Can I join a different law firm's lawsuit instead? A: Multiple firms often file competing complaints. The court consolidates and appoints a single lead counsel. Contacting Levi & Korsinsky before August 3, 2026 ensures your losses are considered. CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 27th Floor New York, NY 10004 [email protected] Tel: (212) 363-7500 Fax: (212) 363-7171 |
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Shift4 Payments (FOUR) Surges 8.8%: Is This an Indication of Further Gains? | FMP Stock News | |
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Shift4 Payments (FOUR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. |
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Doximity's AI Expansion Raises Execution Risks: Analyst | FMP Stock News | |
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Bank of America Securities (BofA) on Monday downgraded Doximity Inc. (NYSE:DOCS), citing limited clarity on the trajectory of revenue/margins. |
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2026-06-29 19:59
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2026-06-29 14:56
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Why AST SpaceMobile Keeps Gaining | FMP Stock News | |
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AST SpaceMobile (ASTS +20.84%) stock jumped 17.7% as of 2:30 p.m. ET on Monday. The S&P 500 and the Nasdaq Composite were up 1.6% and 1.9%, respectively.The company, which delivers broadband to cellphones from space, is seeing shares rally after it confirmed its newest satellites are alive and functioning. BlueBird satellites are up and running Over the weekend, AST said on X that its newest three satellites -- BlueBird 8, 9, and 10 -- are in orbit and operating normally. The satellites were launched on June 17 aboard a SpaceX Falcon 9 rocket. AST also confirmed that it has reached production on BlueBird 37. Today's Change ( 20.84 %) $ 14.89 Current Price $ 86.34 The positive news comes after the recent announcement of a new joint venture with Rakuten to offer direct-to-phone service in Japan, further expanding AST's reach outside of the U.S. Short sellers add fuel to the rally The stock got an extra boost due to heavy short-selling. When a heavily shorted name climbs on good news, the effect can be amplified as short sellers are forced to buy additional shares to maintain their positions. Source: Getty Images Why I'm staying on the sidelines AST brought in $14.7 million last quarter and is currently sitting on roughly $3.1 billion in cash. It's still operating deep in the red, and although that looks like a strong balance sheet, it only gives a few years of runway at current rates. As much as AST is doing something that could prove to be a huge success, not only is there serious execution risk, even if it delivers, its current valuation just doesn't make sense. I would avoid buying in at current levels. Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends AST SpaceMobile. The Motley Fool has a disclosure policy. |
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2026-06-29 19:55
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2026-06-29 13:52
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DECRYPT: CEO, CFO Depart Crypto Exchange BitMEX | CoinGecko News | |
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DECRYPT: CEO, CFO Depart Crypto Exchange BitMEX |
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2026-06-29 19:55
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2026-06-29 15:53
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Arthur Hayes reveals $2.2M Synapse bet as SYN price jumps | CoinGecko News | |
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Arthur Hayes has revealed a $2.2 million investment in Synapse’s SYN token after backing its Hypercall options DEX, helping drive the token as much as 26% higher on Monday.Summary Arthur Hayes disclosed a $2.2 million SYN purchase after backing Synapse’s Hypercall options DEX. Hayes said Hypercall could challenge Deribit as he seeks asymmetric exposure to the Hyperliquid ecosystem. SYN surged as much as 26%, while falling futures open interest pointed to profit-taking after the rally. According to a June 29 post on X by BitMEX co-founder Arthur Hayes, he sees Hypercall, an options decentralized exchange built by the Synapse team and settled on Hyperliquid, as a credible challenger to crypto options exchange Deribit. Explaining why he backed the project, Hayes wrote that he still wanted exposure to the Hyperliquid ecosystem but was looking for a more asymmetric opportunity. “I still want to be long the Hyperliquid ecosystem but I need some asymmetry. It’s time for an options dex to properly take on Deribit. Hypercall, owned by SYN, is that challenger.” On-chain data from Arkham later showed Hayes purchased 6.16 million SYN tokens worth about $2.2 million from Flowdesk. The purchase came shortly after his public endorsement and coincided with a sharp rally in the token. Hayes has pointed to tokenomics behind the investment Alongside his endorsement of Hypercall, Hayes shared a post by crypto investor Duncan, writing, “DYOR – but I found this pretty compelling.” In the thread Hayes reposted, Duncan argued that SYN offered an attractive risk-reward profile because it had an estimated fully diluted valuation of about $81 million, no venture capital unlock overhang, roughly 88% of its supply already circulating, and listings on major exchanges including Binance and Kraken. Duncan also compared SYN with Hyperliquid’s HYPE during its early rally, calling it one of the most asymmetric investment opportunities he has seen in crypto. According to Duncan, Hypercall also expands the utility of the SYN token through revenue mechanisms such as buybacks. The endorsement comes only days after Hayes reduced exposure to several other digital assets. As previously reported by crypto.news, he exited positions in Worldcoin, Zcash, NEAR and Hyperliquid after arguing that higher energy prices, large artificial intelligence IPOs and political uncertainty could weigh on crypto markets. More recently, he also sold 6,000 Ethereum at a loss despite having accumulated nearly $10.6 million worth of ETH in the preceding days, even as other large investors continued buying around a key support zone. Traders lock in profits after the rally As per data from crypto.news, Synapse (SYN) price initially climbed about 26% following Hayes’ comments before giving back part of those gains as traders took profits. Even after the pullback, the token remained up more than 1,100% over the past month, having outperformed much of the crypto market during a period of heightened volatility. Derivatives data suggested the rally was followed by profit-taking. SYN futures open interest fell 13% during the previous four hours to $31.98 million, although it remained about 5% higher over the past 24 hours. Exchange-level data showed the largest declines in open interest occurred on Binance, where it dropped roughly 15%, followed by more than 14% on Bitget and around 10% on MEXC. The reduction in outstanding positions indicates that some traders used the surge in liquidity after Hayes’ endorsement to close positions rather than open new leveraged bets. |
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BitMEX loses its CEO, CFO and growth chief in one sweep | CoinGecko News | |
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@BitMEX has cleared out the top of its executive ranks in a single move. The crypto derivatives exchange has lost CEO Stephan Lutz, CFO Ina Steiner and Chief Growth Officer Raphael Polansky. Lutz resigned from his role as CEO, a spokesperson for the exchange confirmed.The moves were first highlighted in recent postings on LinkedIn. Wilkinson, Lutz, Steiner and Polansky did not immediately respond to requests for comment. Insider Takes the HelmWilkinson is not a newcomer to the company. Before becoming CEO, he served as BitMEX's Global General Counsel and Chief Operating Officer, overseeing the exchange's legal and operational functions. His appointment consolidates several senior roles under one leader at a company that has been working to simplify its structure. The company has not publicly disclosed why the three executives left or whether additional management changes are planned. While executive transitions are common across the crypto industry, simultaneous exits involving three C-suite leaders are relatively uncommon, making the move one of BitMEX's most significant management changes in recent years. Sale Speculation and a Troubled PastThe latest round of executive departures comes as BitMEX tries to streamline its operations and costs and appear more attractive to prospective buyers. BitMEX, which was co-founded in 2014 by Arthur Hayes, Ben Delo and Samuel Reed, has reportedly been looking for a buyer. The exchange has endured a turbulent few years. Co-founder Arthur Hayes stepped down as CEO in October 2020 after U.S. criminal charges related to alleged Bank Secrecy Act violations were announced against BitMEX executives. Alexander Hoptner later resigned as CEO in October 2022, after which Stephan Lutz assumed the Group CEO role on an interim basis. The appointment of Wilkinson marks another chapter in that ongoing transition. Leadership changes at major crypto exchanges often attract attention because they can influence corporate strategy, product development, compliance priorities and institutional relationships. For BitMEX, the appointment of Peter Wilkinson represents another chapter in the company's ongoing evolution as it competes in an increasingly crowded derivatives market. Sources: CoinDesk: Crypto exchange BitMEX removes CEO, CFO and head of growth Yahoo Finance: BitMEX CEO and CFO resign from the crypto exchange |
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2026-06-29 17:24
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Monday Market Wrap: Comcast Breakup, Alphabet’s Dow Debut, and Tech Stock Rally | CoinGecko News | |
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Quick Overview Table of ContentsQuick OverviewComcast Announces Major Corporate RestructuringAlphabet Achieves Dow Jones EntryTechnology Sector Rebounds From Recent WeaknessNike Financial Results Draw Market AttentionCrude Oil Advances on Geopolitical DevelopmentsGet 3 Free Stock Ebooks Comcast stock gained momentum following the announcement of a two-company restructuring plan Alphabet made its historic debut in the Dow Jones Industrial Average Tech sector staged a strong recovery following last week’s downturn Investors prepare for Nike’s critical earnings announcement Crude oil prices advanced amid US-Iran diplomatic developments Monday delivered a compelling slate of market developments as investors digested corporate restructuring announcements, index changes, and sector rotations. Let’s examine the five most significant market narratives from the trading session. Comcast Announces Major Corporate Restructuring Comcast revealed its intention to restructure into two distinct, standalone entities, separating its technology operations from its media holdings. Market participants welcomed the news enthusiastically. The rationale is clear: dividing a sprawling conglomerate into specialized businesses allows each segment to be assessed independently based on its individual fundamentals. Such corporate separations typically streamline decision-making, enhance operational efficiency, and frequently generate renewed investor enthusiasm. The development has prompted market observers to speculate whether other diversified corporations might pursue comparable strategies. Alphabet Achieves Dow Jones Entry Alphabet has officially secured its position within the Dow Jones Industrial Average, cementing its place among America’s most prominent publicly traded companies. This inclusion underscores the undeniable importance of technology in today’s economic landscape. Alphabet’s addition brings substantial representation of artificial intelligence, cloud infrastructure, and digital marketing to the venerable index. While the Dow membership carries primarily symbolic significance, it enhances visibility among institutional capital and index-tracking investment vehicles. Even as AI competition intensifies, Alphabet maintains its status as among the world’s most lucrative enterprises. Technology Sector Rebounds From Recent Weakness Following an extended period of declining valuations, technology equities mounted an impressive comeback during Monday’s session. The Nasdaq outperformed broader markets as capital flowed back into chip manufacturers, artificial intelligence players, and enterprise software providers. Most market analysts interpreted the previous week’s decline as a healthy consolidation rather than a fundamental trend reversal. Artificial intelligence investment continues fueling expenditures throughout cloud infrastructure, semiconductor manufacturing, and business software sectors. Market sentiment regarding technology’s sustained expansion trajectory remains fundamentally optimistic. Nike Financial Results Draw Market Attention Investor attention is increasingly focused on Nike’s forthcoming quarterly earnings disclosure. As a bellwether consumer brand with worldwide reach, Nike provides valuable insight into international consumption patterns. Analysts will scrutinize performance metrics from North American markets and China, where purchasing activity has demonstrated volatility. The athletic apparel giant has been navigating an operational transformation aimed at enhancing margins and refining its merchandise strategy. Positive results could energize the broader retail sector, while disappointing numbers might intensify anxiety regarding consumer expenditure trajectories. Crude Oil Advances on Geopolitical Developments Oil prices posted gains Monday as diplomatic exchanges between Washington and Tehran captured energy market participants’ focus. Middle Eastern political dynamics routinely generate swift reactions in petroleum markets, and commodity traders monitored developments attentively. Elevated crude prices benefit exploration and production companies while simultaneously pressuring airlines, industrial manufacturers, and consumer-facing enterprises. Given that inflation remains a priority concern for monetary authorities and central banking institutions, every fluctuation in petroleum pricing carries implications for overall market stability. |
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Intuitive Machines vs. BlackSky: Which Space Stock Has More Potential? | FMP Stock News | |
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Key Takeaways BlackSky and Intuitive Machines are gaining from space growth, defense demand and infrastructure spending.BlackSky's 2026 sales and EPS estimates imply 30.7% and 21.3% growth, with 2027 EPS views rising.Intuitive Machines has a lower forward price/sales ratio, but BlackSky has stronger recent share gains. Growing investments in the space industry, rising demand for satellite-based intelligence and increasing government spending on defense and space exploration continue to support the sector's long-term growth. Strong backing from NASA, the U.S. Department of Defense and commercial customers has also increased investor interest in companies like Intuitive Machines (LUNR - Free Report) and BlackSky Technology (BKSY - Free Report) .Intuitive Machines focuses on lunar exploration and space transportation, offering lunar landers, communications infrastructure and other technologies that support NASA and commercial lunar missions. On the other hand, BlackSky specializes in real-time geospatial intelligence, providing high-frequency satellite imagery and AI-powered analytics to government and commercial customers worldwide. As the space economy continues to expand through higher satellite activity, growing defense requirements and increased investment in space infrastructure, both LUNR and BKSY have attracted investor attention. This raises an important question: which stock currently offers the better investment opportunity? Tailwinds for LUNRIntuitive Machines is benefiting from rising demand for lunar missions and space infrastructure, supported by increasing government and commercial investments in Moon exploration. The company is also strengthening its long-term growth prospects through strategic acquisitions and new contract opportunities. In May 2026, Intuitive Machines announced an agreement to acquire Goonhilly Earth Station Ltd. and Goonhilly USA Inc. This acquisition is expected to enhance the company's communications network by expanding ground-station capabilities and improving connectivity between spacecraft and Earth. It should also strengthen Intuitive Machines' ability to support civil, defense and commercial customers involved in lunar and deep-space missions. With expanding capabilities and a growing presence in major lunar programs, Intuitive Machines remains well-positioned to capitalize on the long-term growth opportunities emerging across the space industry. Tailwinds for BKSYBKSY is benefiting from rising demand for space-based intelligence, supported by higher defense spending and the increasing need for real-time Earth observation and space domain awareness. The company is strengthening its growth prospects through new government contracts and continued investments in advanced satellite technologies. In June 2026, BKSY received a contract modification from the National Reconnaissance Office (NRO), increasing the total value of its AROS satellite program to more than $150 million. The funding will accelerate the development of its next-generation Earth observation satellites, with a flight-ready system expected in 2028. Moreover, in May 2026, BKSY secured a multi-year contract worth more than $1 million to advance automated non-Earth imagery services, supporting the development of next-generation imaging payloads and mission-planning software. With growing government support and expanding satellite capabilities, BKSY remains well-positioned to benefit from long-term opportunities in the defense and space markets. How Does the Zacks Consensus Estimate Compare for LUNR & BKSY?The Zacks Consensus Estimate for LUNR’s 2026 sales implies a year-over-year improvement of 340.1%, while that for earnings per share (EPS) suggests a 2.4% decline. The stock’s 2026 and 2027 EPS estimates have moved south over the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for BKSY’s 2026 sales and EPS implies an improvement of 30.7% and 21.3%, respectively, from the year-ago quarter’s reported figures. BKSY’s 2027 EPS estimates have moved north over the past 60 days. Image Source: Zacks Investment Research Stock Price Performance: LUNR vs. BKSYIn the past six months, BKSY has outperformed LUNR. While BKSY’s shares surged 28.2%, LUNR rose 24.2%. Image Source: Zacks Investment Research LUNR’s Valuation More Attractive Than BKSYBKSY is trading at a premium, with its forward 12-month price/sales of 5.53X being more than LUNR’s forward price/sales of 4.34X. Image Source: Zacks Investment Research Surprise HistoryBKSY delivered an average negative earnings surprise of 24.58% in the last four quarters, while LUNR delivered an average negative earnings surprise of 72.62% in the last four quarters. Final CallBoth Intuitive Machines and BlackSky are benefiting from favorable long-term trends in the space industry, supported by rising government spending, increasing defense demand and growing investments in space infrastructure. While Intuitive Machines is expanding its lunar exploration and communications capabilities, BlackSky continues to strengthen its position in real-time geospatial intelligence through new government contracts and next-generation satellite technologies. However, BlackSky appears to have the edge at present. The company is delivering positive earnings estimate revisions, stronger earnings growth and better stock price performance, although it trades at a higher valuation than Intuitive Machines. Considering these factors, BlackSky currently looks like the more attractive investment opportunity. At present, BKSY carries a Zacks Rank #3 (Hold), while LUNR carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here. |
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