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Details Date Content Source
2026-06-29 11:47 1mo ago
2026-06-29 07:06 1mo ago
Aon (AON) Soars 4.0%: Is Further Upside Left in the Stock?
AON Aon
FMP Stock News
Original source text
Aon (AON) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
2026-06-29 11:46 1mo ago
2026-06-29 06:59 1mo ago
Viatris Announces Positive Top-Line Results from Phase 3 Study of VR-205 in Japanese Adults with Primary Immunoglobulin A Nephropathy
VTRS Viatris
FMP Stock News
Original source text
VR-205 Met Primary Endpoint and Key Secondary Endpoints and Was Well Tolerated

VR-205 Efficacy and Safety Profile in Japanese Patients Was Consistent with the Profile Observed in Global Studies 

Japanese New Drug Application Submission Targeted by End of 2026

, /PRNewswire/ -- Viatris Inc. (Nasdaq: VTRS), a global healthcare company, today announced positive top-line results from a Phase 3 clinical trial evaluating the efficacy and safety of VR-205 (targeted-release budesonide formulation) (Nefecon®) in Japanese adult patients with primary immunoglobulin A nephropathy (IgAN) at risk of developing end-stage renal disease.

The Phase 3 clinical trial was a multicenter, interventional, open-label study designed to evaluate the efficacy and safety of 16 mg of VR-205 in Japanese adult patients with primary IgAN. Patients were treated for nine months, followed by a three-month follow-up period.

The study achieved its primary endpoint, with VR-205 demonstrating a 33.75 percent reduction in geometric mean urine protein-to-creatinine ratio (UPCR) at 9 months compared to baseline [95% CI: -45.27 to -19.80; p < 0.001]. These results were statistically significant and clinically meaningful, and were consistent with those observed in the global Phase 3 program for the product. Key findings included:

In addition to a statistically significant and clinically meaningful reduction in UPCR at 6 and 12 months, VR-205 demonstrated a significant improvement in estimated glomerular filtration rate (eGFR) and reductions in serum creatinine and urine albumin-to-creatinine ratio (UACR) at 9 months compared to baseline. The overall therapeutic benefit of VR-205 was further supported by improvements in microhematuria and a sustained proteinuria reduction. No study participants progressed to dialysis, kidney transplant or severe renal impairment (eGFR ≤15 mL/min per 1.73 m2) by the end of the study. VR-205 was generally well tolerated over the nine-month treatment period, with a safety profile consistent with the known safety profile of targeted-release budesonide in non-Japanese patients. "We are pleased with these top-line results, which highlight VR-205 as a potentially meaningful, disease-modifying treatment option for patients with primary IgAN," said Viatris Chief R&D Officer Philippe Martin. "In Japan, where IgAN incidence is the highest globally, VR-205 could become the first IgAN-specific, targeted-release budesonide oral therapy. This progress reflects the continued execution of Viatris' strategy focused on building a differentiated and increasingly innovative portfolio in Japan, with an emphasis on delivering therapies that provide meaningful value and address significant unmet needs."

"Primary IgAN is a designated intractable disease in Japan, and remains a significant unmet need, with no curative treatment despite the risk of progression to end-stage renal disease," said Yuko Asami, Head of R&D, Viatris Japan. "These top-line results mark an important step toward expanding treatment options for patients and healthcare providers."

Viatris is targeting submission of a New Drug Application in Japan by the end of 2026.

In 2022, Calliditas Therapeutics AB and Viatris Pharmaceuticals Japan Inc., a subsidiary of Viatris Inc., entered into an exclusive license agreement to obtain marketing authorization and to commercialize VR-205 for the treatment of primary IgAN in Japan. It is currently a specialty drug approved and marketed as Tarpeyo® in the U.S. and as Kinpeygo® in Europe.

About Phase 3 Study (VR-205A-01-CAZ-3001)
The Phase 3 trial was a multicenter, interventional, open-label study conducted in Japan to evaluate the efficacy and safety of oral VR-205 (targeted-release budesonide formulation) for the treatment of primary IgA nephropathy in Japanese adult patients at risk of developing end-stage renal disease. The study enrolled a total of 39 participants who were treated with 16 mg of VR-205 daily (four capsules) over a nine-month treatment period.

Following completion of treatment, participants entered a three-month follow-up period including a two-week dose tapered to 8 mg of VR-205 (two capsules) daily at the start of the follow-up period.

About Immunoglobulin A Nephropathy (IgAN)
IgAN is a progressive, immune-mediated kidney disease and the most common primary glomerulonephritis worldwide. Japan reports the highest incidence rates globally, at 39 to 45 cases per million population per year, with peak age at diagnosis between 30 and 39 years. In Japan, adult-onset IgAN is reported to progress to end-stage renal disease (dialysis or transplantation) in approximately 15-20 percent of patients within 10 years. Most patients reaching end-stage renal disease face decades of dialysis. The total national cost of maintenance hemodialysis in Japan is approximately JPY 1.5 trillion per year. Chronic glomerulonephritis (with IgAN as a leading underlying cause) accounts for 23.4 percent of Japan's more than 340,000 dialysis patients. Despite this burden, therapies that target the underlying immunological drivers of IgAN to preserve long-term kidney function have remained limited, and a clear need persists for disease-modifying treatment options.

About Viatris
Viatris Inc. (Nasdaq: VTRS) is a global healthcare company whose mission is to empower people worldwide to live healthier at every stage of life. We meet the needs of patients around the world by acting decisively with ingenuity and resolve. Whether we're developing new medicines, working to maintain a resilient supply of needed therapies, or pursuing bold innovation, we strive to deliver solutions that are effective at scale and built to endure. We're purpose-built to make an impact with a dynamic portfolio that spans generics, established brands and innovative medicines that address areas of significant unmet need. We are headquartered in the U.S., with global centers in Pittsburgh, Shanghai, China, and Hyderabad, India. Learn more at viatris.com and investor.viatris.com, and connect with us on LinkedIn, Instagram, YouTube and X.

Forward-Looking Statements
This press release includes statements that constitute "forward-looking statements." These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include statements that positive top-line results from a Phase 3 clinical trial evaluating the efficacy and safety of VR-205 (targeted-release budesonide formulation) (Nefecon®) in Japanese adult patients with primary immunoglobulin A nephropathy (IgAN) at risk of developing end-stage renal disease; VR-205 met primary endpoint and key secondary endpoints, and was well tolerated; VR-205 efficacy and safety profile in Japanese patients was statistically significant and clinically meaningful and were consistent with the profile observed in global studies; we are pleased with these top-line results, which highlight VR-205 as a potentially meaningful, disease-modifying treatment option for patients with primary IgAN; in Japan, where IgAN incidence is the highest globally, VR-205 could become the first IgAN-specific, targeted-release budesonide oral therapy; this progress reflects the continued execution of Viatris' strategy focused on building a differentiated and increasingly innovative portfolio in Japan, with an emphasis on delivering therapies that provide meaningful value and address significant unmet needs; these top-line results mark an important step toward expanding treatment options for patients and healthcare providers; Viatris is targeting submission of a New Drug Application in Japan by the end of 2026. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: the uncertainties inherent in research and development, including the outcomes of clinical trials; the ability to meet anticipated clinical endpoints; the possibility of unfavorable new clinical data and further analyses of existing clinical data; the risk that clinical trial data are subject to differing interpretations and assessments by regulatory authorities; whether regulatory authorities will be satisfied with the design of and results from clinical studies; failure to achieve the intended benefits of our strategic initiatives and priorities; goodwill or impairment charges or other losses; any changes in or difficulties with the Company's manufacturing facilities; failure to achieve expected or targeted future financial and operating performance and results; Viatris' or its partners' ability to develop, manufacture, and commercialize products; any regulatory, legal or other impediments to Viatris' ability to bring new products to market; products in development and/or that receive regulatory approval may not achieve expected levels of market acceptance, efficacy or safety; actions and decisions of healthcare and pharmaceutical regulators; changes in healthcare and pharmaceutical laws and regulations in the U.S. and abroad; the scope, timing and outcome of any ongoing legal proceedings, and the impact of any such proceedings on Viatris; any significant breach of data security or data privacy or disruptions to our IT systems; risks associated with international operations; changes in third-party relationships; the effect of any changes in Viatris' or its partners' customer and supplier relationships and customer purchasing patterns; the impacts of competition; changes in the economic and financial conditions of Viatris or its partners; uncertainties regarding future demand, pricing and reimbursement for the Company's products; uncertainties and matters beyond the control of management, including but not limited to general political and economic conditions, potential adverse impacts from future tariffs and trade restrictions, inflation rates and global exchange rates; and the other risks described in Viatris' filings with the Securities and Exchange Commission ("SEC"). Viatris routinely uses its website as a means of disclosing material information to the public in a broad, non-exclusionary manner for purposes of the SEC's Regulation Fair Disclosure (Reg FD). Viatris undertakes no obligation to update these statements for revisions or changes after the date of this press release other than as required by law.

SOURCE Viatris Inc.
2026-06-29 11:45 1mo ago
2026-06-29 06:59 1mo ago
Biogen to Highlight Breadth of Alzheimer's Disease Portfolio at AAIC 2026, Including Phase 2 CELIA Data for Diranersen
BIIB Biogen
FMP Stock News
Original source text
Diranersen presentation will feature Phase 2 CELIA data in early Alzheimer’s disease, including clinical, biomarker and safety results for Biogen’s investigational tau-targeting ASO, following topline results announced in May 2026Lecanemab presentations will highlight emerging data on subcutaneous administration and real-world use, including practical treatment considerations, at-home administration, three-year LEADER data, maintenance dosing and patient experienceAdvances across Biogen’s Alzheimer’s disease portfolio underscore its leadership and continued commitment to innovation in Alzheimer’s care, spanning treatment delivery, real-world evidence and approaches targeting core pathologies, including amyloid and tau
CAMBRIDGE, Mass., June 29, 2026 (GLOBE NEWSWIRE) -- Biogen Inc. (Nasdaq: BIIB) today announced it will present new data across its Alzheimer’s disease portfolio at the Alzheimer’s Association International Conference (AAIC) 2026, taking place July 12-15 in London, UK. Presentations will include data from the Phase 2 CELIA study evaluating diranersen, an investigational tau-targeting antisense oligonucleotide (ASO), and new analyses from studies of LEQEMBI® (lecanemab).

“Biogen remains committed to advancing innovation across Alzheimer’s care, from treatment delivery and real-world evidence generation to continued progress in addressing core pathologies, including amyloid and tau. Tau has long remained one of the most important targets in Alzheimer’s disease, and the Phase 2 CELIA topline results for diranersen reinforce the potential of tau reduction as a therapeutic approach in early Alzheimer’s disease,” said Priya Singhal, M.D., M.P.H., Executive Vice President and Head of Development at Biogen. “We look forward to presenting initial data from this pioneering study as well as new data on lecanemab on the global stage at AAIC.”

Featured Scientific Sessions and Presentations

Diranersen
Diranersen is an investigational ASO that targets MAPT RNA to reduce tau production at its source, a differentiated approach to addressing abnormal tau both inside and outside neurons. At AAIC, Biogen will present clinical, biomarker and safety data that build on the May 2026 topline announcement and further characterize diranersen as the program advances toward Phase 3 development.

Topline Results from CELIA: A Phase 2 Study to Evaluate the Tau-Targeting ASO Diranersen (BIIB080) in Patients with Early Alzheimer’s Disease
Developing Topics Session: Developing Topics in Phase 2 Clinical Trials,
Tuesday, July 14, 2:00–3:30 PM BST This presentation will feature data from CELIA, an 18-month Phase 2 study evaluating diranersen, Biogen’s investigational tau-targeting ASO, in patients with early Alzheimer’s disease. The presentation will include initial clinical, biomarker and safety results from the study.

Lecanemab
Featured lecanemab sessions at AAIC will highlight continued progress in the treatment landscape for early Alzheimer’s disease, with data spanning subcutaneous administration, including at-home use, practical treatment considerations, and three-year real-world evidence from the multicenter LEADER study.

Developing Topics Session: Lecanemab Subcutaneous Formulation in Early Alzheimer's Disease: Emerging Clinical Evidence and Practical Use Considerations
Sunday, July 12, 4:15–5:45 PM BST This session will feature presentations on the emerging clinical evidence, safety profile, practical use considerations and real-world patient experience with subcutaneous lecanemab administration in early Alzheimer’s disease.

Featured Research Session: Lecanemab Three Years Post-Approval: A Comprehensive Multicenter, Real-World, Retrospective Study (LEADER) in Diverse U.S. Clinical Settings
Tuesday, July 14, 4:15–5:45 PM BST This session will feature new real-world evidence from the LEADER study, including findings on lecanemab use and outcomes across diverse U.S. clinical settings, once-monthly maintenance dosing, patient pathways and physician and perceived patient satisfaction with maintenance therapy.

Selected Additional Oral and Poster Presentations
The following selected presentations highlight additional areas of Alzheimer’s disease research being presented at AAIC, including lecanemab-related data. For a complete list of presentations, please refer to the AAIC scientific program.

Real-world Insights into Clinician Involvement and Testing Approaches for Mild Cognitive Impairment and Alzheimer’s
Monday, July 13, 7:30 AM–4:15 PM BST Continued or Time-limited Treatment Benefits of Anti-amyloid Monoclonal Antibodies in Early Alzheimer’s Disease
Monday, July 13, 7:30 AM–4:15 PM BST
Lecanemab Treatment for Alzheimer’s Disease in Real-World Clinical Practice: A Multicenter, Surveillance Safety Study from the Alzheimer’s Network for Treatment and Diagnostics (ALZ-NET) Registry
Tuesday, July 14, 9:00–10:30 AM BST
Impact of Biomarker Modalities in the Diagnostic Evaluation of Patients with Suspected Alzheimer’s Disease: A US Retrospective Study
Wednesday, July 15, 7:30 AM–4:15 PM BST Estimating the Economic Impact of Delayed Alzheimer’s Disease Progression with Lecanemab
Wednesday, July 15, 7:30 AM–4:15 PM BST Educational Program on Tau in Alzheimer’s Disease
At AAIC, Biogen will host an interactive booth offering an immersive journey into the role of tau in Alzheimer’s disease, from pathology to clinical presentation. Biogen is also expanding its educational efforts with a new e-learning module on KnowTau.com, building on the resources already available.

For more information, please see the AAIC 2026 program and visit the Biogen AAIC booth.

About diranersen (BIIB080)
Diranersen (BIIB080) is an investigational antisense oligonucleotide (ASO) therapy designed to target microtubule-associated protein tau (MAPT) mRNA to reduce the production of tau protein. Unlike many investigational approaches that have focused on targeting extracellular tau, diranersen is designed to reduce both intracellular and extracellular tau.

Diranersen is being investigated as a potential treatment for early Alzheimer’s disease. In 2025, the U.S. Food and Drug Administration (FDA) granted Fast Track designation to diranersen for the treatment of Alzheimer’s disease.

In December 2019, Biogen exercised a license option with Ionis Pharmaceuticals and obtained a worldwide, exclusive, royalty-bearing license to develop and commercialize diranersen. Diranersen was discovered by Ionis.

About the CELIA Study
CELIA is a global Phase 2 randomized, double-blind, placebo-controlled, dose-ranging study evaluating the efficacy, safety and tolerability of diranersen in individuals with early Alzheimer’s disease. The study enrolled 416 participants with mild cognitive impairment due to Alzheimer’s disease or mild Alzheimer’s disease dementia. All participants enrolled in CELIA had not previously received anti-amyloid therapy.

The study evaluated three doses of diranersen administered intrathecally over an 18-month placebo-controlled treatment period: 60 mg every six months, 115 mg every six months, and 115 mg every three months.

The primary endpoint of CELIA was assessment of dose response for change from baseline on the Clinical Dementia Rating–Sum of Boxes (CDR-SB) at Week 76. Secondary and exploratory endpoints included additional clinical, biomarker and imaging measures, including cerebrospinal fluid tau biomarkers and tau positron emission tomography (PET). Additional information on the CELIA study design is available in the ClinicalTrials.gov listing for the CELIA study.

An ongoing long-term extension (LTE) study is continuing to evaluate the long-term safety, tolerability and durability of diranersen in early Alzheimer’s disease.

About LEQEMBI ® (lecanemab)
LEQEMBI (lecanemab) is the result of a strategic research alliance between Eisai and BioArctic. LEQEMBI is a humanized immunoglobulin gamma 1 (IgG1) monoclonal antibody directed against aggregated soluble protofibril and insoluble forms of amyloid beta (Aβ). LEQEMBI is indicated in the U.S. for the treatment of Alzheimer’s disease and treatment should be initiated in patients with mild cognitive impairment or mild dementia stage of disease, the population in which treatment was initiated in clinical trials. The U.S. Food and Drug Administration (FDA) granted LEQEMBI traditional approval on July 6, 2023. Lecanemab has been approved in 53 countries and regions, including Japan, the United States, China, Europe, South Korea, Taiwan and Saudi Arabia, and is under regulatory review in 6 countries. Following the initial treatment phase with intravenous dosing every two weeks for 18 months, intravenous maintenance dosing every four weeks has been approved in 7 countries, including the U.S., China and the UK, with applications filed in additional countries and regions. In the U.S., FDA approved LEQEMBI IQLIK™ for once-weekly subcutaneous maintenance dosing in August 2025. A supplemental Biologics License Application for LEQEMBI IQLIK as a once-weekly subcutaneous starting dose is currently under FDA Priority Review, with a Prescription Drug User Fee Act action date of August 24, 2026.

Eisai and Biogen have been collaborating on the joint development and commercialization of Alzheimer’s disease treatments since 2014. Eisai serves as the lead of LEQEMBI development and regulatory submissions globally, with both companies co-commercializing and co-promoting the product and Eisai having final decision-making authority.

Please see full U.S. Prescribing Information for LEQEMBI, including Boxed WARNING and Medication Guide.

About Biogen
Founded in 1978, Biogen is a leading biotechnology company that pioneers innovative science to deliver new medicines to transform patients’ lives and to create value for shareholders and our communities. We apply deep understanding of human biology and leverage different modalities to advance first-in-class treatments or therapies that deliver superior outcomes. Our approach is to take bold risks, balanced with return on investment to deliver long-term growth.

We routinely post information that may be important to investors on our website at www.biogen.com. Follow us on social media - Facebook, LinkedIn, X, YouTube.

Biogen Safe Harbor 
This news release contains forward-looking statements, including, among others, relating to: the potential benefits, efficacy and safety of diranersen (BIIB080) and lecanemab (LEQEMBI); the potential to advance care and improve outcomes for, and address unmet needs of, patients with Alzheimer’s disease; potential regulatory discussions, submissions, decisions and approvals and the timing thereof; the anticipated benefits, risks and potential of our collaboration arrangements; the potential of our commercial business and pipeline programs, including Biogen’s Alzheimer’s disease portfolio; and risks and uncertainties associated with drug development and commercialization. These forward-looking statements may be accompanied by such words as “aim,” “anticipate,” “assume,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “guidance,” “hope,” “intend,” “may,” “objective,” “outlook,” “plan,” “possible,” “potential,” “predict,” “project,” “prospect,” “should,” “target,” “will,” “would” or the negative of these words or other words and terms of similar meaning. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical trials may not be indicative of full results or results from later stage or larger scale clinical trials and do not ensure regulatory approval. You should not place undue reliance on these statements. Given their forward-looking nature, these statements involve substantial risks and uncertainties that may be based on inaccurate assumptions and could cause actual results to differ materially from those reflected in such statements.

These forward-looking statements are based on management’s current beliefs and assumptions and on information currently available to management. Given their nature, we cannot assure that any outcome expressed in these forward-looking statements will be realized in whole or in part. We caution that these statements are subject to risks and uncertainties, many of which are outside of our control and could cause future events or results to differ materially from those stated or implied in this document, including, among others, uncertainty of our long-term success in developing, licensing, or acquiring other product candidates or additional indications for existing products; expectations, plans, prospects and timing of actions relating to product approvals, approvals of additional indications for our existing products, sales, pricing, growth, reimbursement and launch of our marketed and pipeline products; the potential impact of increased product competition in the biopharmaceutical and healthcare industry, as well as any other markets in which we compete, including increased competition from new originator therapies, generics, prodrugs and biosimilars of existing products and products approved under abbreviated regulatory pathways; our ability to effectively implement our corporate strategy; difficulties in obtaining and maintaining adequate coverage, pricing, and reimbursement for our products; the drivers for growing our business, including our dependence on collaborators and other third parties for the development, regulatory approval, and commercialization of products and other aspects of our business, which are outside of our full control; risks related to commercialization of biosimilars, which is subject to such risks related to our reliance on third-parties, intellectual property, competitive and market challenges and regulatory compliance; the risk that positive results in a clinical trial may not be replicated in subsequent or confirmatory trials or success in early stage clinical trials may not be predictive of results in later stage or large scale clinical trials or trials in other potential indications; risks associated with clinical trials, including our ability to adequately manage clinical activities, unexpected concerns that may arise from additional data or analysis obtained during clinical trials, regulatory authorities may require additional information or further studies, or may fail to approve or may delay approval of our drug candidates; and the occurrence of adverse safety events, restrictions on use with our products, or product liability claims; and any other risks and uncertainties that are described in reports we have filed with the U.S. Securities and Exchange Commission, which are available on the SEC’s website at www.sec.gov.

These statements speak only as of the date of this press release and are based on information and estimates available to us at this time. Should known or unknown risks or uncertainties materialize or should underlying assumptions prove inaccurate, actual results could vary materially from past results and those anticipated, estimated or projected. Investors are cautioned not to put undue reliance on forward-looking statements. A further list and description of risks, uncertainties and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and in our subsequent reports on Form 10-Q. Except as required by law, we do not undertake any obligation to publicly update any forward-looking statements whether as a result of any new information, future events, changed circumstances or otherwise.

Digital Media Disclosure
From time to time we have used, or expect in the future to use, our investor relations website (investors.biogen.com), the Biogen LinkedIn account (linkedin.com/company/biogen-) and the Biogen X account (https://x.com/biogen) as a means of disclosing information to the public in a broad, non-exclusionary manner, including for purposes of the SEC’s Regulation Fair Disclosure (Reg FD). Accordingly, investors should monitor our investor relations website and this social media channel in addition to our press releases, SEC filings, public conference calls and webcasts, as the information posted on them could be material to investors.
2026-06-29 11:44 1mo ago
2026-06-29 07:40 1mo ago
XPENG Unveils X-Mind: Empowering Autonomous Driving with a "Future-Foresight" Brain
XPEV XPeng
FMP Stock News
Original source text
, /PRNewswire/ -- XPENG (NYSE: XPEV, HKEX: 9868), a leading China-based high-tech company, shared insights at the CVPR 2026 Workshop on Foundation Model Deployment for Embodied Intelligence. Xianming Liu, Head of XPENG Group's General Intelligence Center, unveiled XPENG's World Model roadmap, highlighting proactive reasoning, controllable generation, and long-horizon forecasting as key capabilities for next-generation autonomous driving.

Following X-World, X-Foresight, and X-Cache, XPENG introduced X-Mind, a Predictive World Model framework that enables vehicles to simulate future scenarios before making decisions. Through a Visual Chain-of-Thought (Visual CoT), X-Mind allows autonomous systems to reason proactively, improving safety and delivering more human-like driving performance.

Unlike traditional perception-to-action systems that react to current conditions, X-Mind enables vehicles to anticipate future traffic changes through internal simulation. Its three core technologies include:

Thought Sketch, which creates an efficient cognitive representation combining Bird's-Eye-View (BEV) layouts and driving priors, preserving key elements such as road structures, obstacles, traffic lights, and navigation intentions while reducing computational complexity.

Recurrent Block Diffusion (RBD), which enables high-quality future scene generation within a single forward pass, overcoming latency challenges of conventional diffusion methods and balancing advanced reasoning with real-time deployment.

Visual CoT visualization, which reveals how the model predicts obstacle movements, lane connectivity, and future traffic conditions before generating driving decisions, improving transparency and system validation.

Trained on hundreds of millions of real-world driving data frames, X-Mind demonstrates improved trajectory prediction accuracy, enhanced performance in complex long-tail scenarios, and ultra-low inference latency suitable for automotive-grade chips.

Together with X-World and X-Foresight, X-Mind completes XPENG's Physical AI foundational model roadmap, enabling vehicles to understand not only how to act, but how the world evolves after each action.

About XPENG

Founded in 2014, XPENG is a leading Chinese AI-driven mobility company that designs, develops, manufactures, and markets Smart EVs. XPENG aims to become a global leader in AI mobility and drive the Smart EV revolution through cutting-edge technology.

XPENG develops its full-stack ADAS technology, intelligent in-car operating system, and core vehicle systems including powertrain and EEA in-house. Headquartered in Guangzhou, XPENG operates offices in Beijing, Shanghai, Silicon Valley, and Amsterdam. Its Smart EVs are primarily manufactured in Zhaoqing and Guangzhou, Guangdong province.

XPENG is listed on NYSE (XPEV) and HKEX (9868).

For more information: https://www.xpeng.com/

Contacts:
XPENG PR Department
Email: [email protected]

SOURCE XPeng Inc.
2026-06-29 11:44 1mo ago
2026-06-29 06:26 1mo ago
PubMatic (PUBM) Moves 9.9% Higher: Will This Strength Last?
PUBM PubMatic
FMP Stock News
Original source text
PubMatic (PUBM) 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.
2026-06-29 11:42 1mo ago
2026-06-29 07:21 1mo ago
DOE's $17.5B Loan Boosts Nuclear Supply Chain
CCJ Cameco
FMP Stock News
Original source text
The U.S. Department of Energy announced a conditional commitment of $17.5 billion in low-interest loans. These funds target long-lead components for 10 new Westinghouse AP1000 reactors covering five project sites nationwide. This initiative focuses on rebuilding the domestic nuclear supply chain, aiming to accelerate deployment timelines by up to three years. Most capital will convert into equipment purchase orders for qualified manufacturers.

Key Takeaways The DOE committed $17.5 billion in conditional loans for long-lead nuclear components. Ten large reactors at five sites will drive early equipment orders across the supply chain. Multiple industrial companies including BWX Technologies (BWXT) and Curtiss-Wright (CW) are positioned for contract wins. DOE Launches American Nuclear Supply Chain Loans The loans finance complex components with the longest manufacturing lead times. Examples include steam generators, reactor coolant pumps, containment vessels, turbines, and instrumentation. These items often dictate overall project schedules.

Westinghouse, owned by Cameco (CCJ) and Brookfield, will partner with utilities on each of the five projects. Each project includes two 1.1-gigawatt AP1000 reactors. The structure channels capital directly into supply chain reactivation, creating fixed-price purchase commitments that de-risk manufacturing ramp-up. The combined output from all 10 reactors could power nearly 10 million households.

This approach builds on international momentum as UK site studies recently advanced through Jacobs (J) contracts. SMR selections also delivered wins for Rolls-Royce (RR.LN). Similar dynamics now support U.S. large-reactor supply chain players.

Supply Chain Companies Positioned for Orders Several established companies already hold qualifications for AP1000 technology. These firms operate within the VettaFi Nuclear Renaissance Index (NUKZX).

BWXT manufactures nuclear components and fuel. It maintains a memorandum of understanding with Westinghouse for major AP1000 parts including steam generators.  CW supplies engineered systems for reactor coolant loops. It provides pumps, valves, and instrumentation critical to AP1000 performance and safety.  Mirion Technologies (MIR) delivers radiation detection and monitoring solutions. It equips plants with reactor protection systems and nuclear instrumentation.  Flowserve (FLS) provides specialized pumps and flow-control equipment. These components support auxiliary and safety systems in AP1000 designs.  Graham Corporation (GHM) engineers vacuum and heat transfer equipment. It manufactures steam condensers and related systems for power plant steam cycles. These companies form part of the diversified holdings in NUKZX. NUKZX serves as the underlying index for the Range Nuclear Renaissance Index ETF (NUKZ).

Implications for Investors and the Nuclear Value Chain The bulk of the $17.5 billion will translate into tangible purchase orders. These orders benefit established public companies in the supply chain, with revenue visibility arriving well before reactors reach commercial operation.

Read further: Where Will the Billions of Nuclear Funding Dollars Go?

NUKZX captures exposure across the full ecosystem. It includes component makers, instrumentation providers, and fluid systems specialists. Investors access these opportunities without single-stock concentration in pre-revenue developers.

The program reinforces the advantages of diversified nuclear strategies. Supply chain participants often realize benefits earlier than pure-play reactor companies or uranium miners alone. Progress on long-lead procurement creates real backlog for index constituents.

Related Research:

Doors Swing Open for Advanced Nuclear in the U.K.

U.K. Nuclear: Scaling Up at Home & Abroad

The Geopolitical Bull Case for Nuclear

Looking for nuclear insights in your inbox? Subscribe here to keep a pulse on nuclear investing through our weekly research.

For more news, information, and analysis, visit the Nuclear Energy Content Hub.

vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for NUKZ, for which it receives an index licensing fee. However, NUKZ is not issued, sponsored, endorsed, or sold by VettaFi. VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of NUKZ.
2026-06-29 11:41 1mo ago
2026-06-29 07:30 1mo ago
FuelCell Energy Secures $49 Million in EXIM Financing to Advance U.S. Clean Energy Exports
FCEL Fuelcell
FMP Stock News
Original source text
June 29, 2026 07:30 ET  | Source: FuelCell Energy, Inc.

DANBURY, Conn., June 29, 2026 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) announced that the Board of Directors of the Export-Import Bank of the United States (EXIM) approved a financing package on June 23, 2026, of $49 million to be disbursed in two tranches.

The first tranche, expected to disburse on June 30, 2026, provides the company with net proceeds of approximately $22 million after financing fees and customary expenses and reserves to support the delivery of five 2.8-megawatt (MW) FuelCell Energy Blocks to Gyeonggi Green Energy (GGE) in South Korea. With nearly 60 MW of installed capacity, GGE’s site is among the largest fuel cell installations in the world and serves as an important example of distributed utility-scale clean energy deployment. A second tranche is expected to be disbursed in October 2026, subject to customary closing conditions.

EXIM structured the financing under its loan guarantee program and arranged with Private Export Funding Corporation (PEFCO), supporting the export of American clean energy technology to international markets. It builds upon FuelCell Energy’s prior EXIM-supported financing completed in 2024 and 2025 and reflects continued support for the company’s export of U.S.-manufactured clean energy technology.

“EXIM’s approval validates the strength of this project, our partnership with Gyeonggi Green Energy, FuelCell Energy’s business plan, and our ability to deliver distributed utility-scale clean power globally,” said Michael Bishop, FuelCell Energy’s Chief Financial Officer. “This financing adds non-dilutive capital to support growth and provides added flexibility as we invest in scaling manufacturing capacity, pursuing strategic opportunities in global power markets and mirroring our distributed utility scale solutions to AI factories and data centers.”

FuelCell Energy manufactures its clean, baseload fuel cell technology in Torrington, Conn., supporting domestic manufacturing, U.S. supply chains, and skilled American jobs. The transaction aligns with EXIM’s mission to support U.S. manufacturing, exports, and global competitiveness. Approximately 90% of the content in FuelCell Energy Blocks is sourced from the United States.

About FuelCell Energy

FuelCell Energy, Inc. is an American clean energy technology company delivering continuous, scalable baseload power for mission critical applications globally. The company’s fuel cell systems generate electricity directly at the point of use, enabling reliable, low emissions power for data centers, industrial facilities, utilities, and distributed generation customers. FuelCell Energy delivers commercially proven, modular, utility-scale systems—backed by global fuel cell deployments approaching one gigawatt. Learn more at www.fuelcellenergy.com.

Contact:

Media Relations
[email protected]

Investor Relations
[email protected]
2026-06-29 11:35 1mo ago
2026-06-29 07:13 1mo ago
XRP (XRP) Price: Record IQ Holder Declares Supercycle Has Only Just Begun
IQ IQ XRP Ripple
CoinGecko News
Original source text
Key Takeaways YoungHoon Kim, holder of the world’s highest verified IQ score (276), declared that the XRP Supercycle has only just commenced Three concurrent indicators have emerged: TD Sequential “9” buy formation, Morning Star Doji reversal pattern, and dramatic spike in daily active addresses XRP Ledger daily active addresses surged from approximately 23,000 to nearly 39,500 within a two-week period Kim’s earlier forecast projects XRP reaching $5–$10 during this market cycle; achieving $10 would represent a 646%+ increase from current levels Single-day XRP ETF inflows reached $11.88 million in May, contributing to cumulative 2026 net inflows of approximately $1.42 billion XRP currently trades around $1.05 following a convergence of technical indicators and a prominent market prediction that has refocused attention on the digital asset. A trio of signals has materialized simultaneously, capturing interest from traders monitoring both price charts and blockchain metrics.

XRP Price YoungHoon Kim, who holds the verified world record for highest IQ score at 276, announced on X that the XRP Supercycle is merely in its initial phase. The statement rapidly circulated throughout cryptocurrency forums and rekindled debate surrounding XRP’s potential long-term valuation.

Kim had earlier established a price projection between $5 and $10 for XRP during this market cycle. From present levels around $1.05, ascending to $5 would necessitate approximately a 376% appreciation. Climbing to $10 would translate to roughly an 852% surge.

Not all market participants embrace Kim’s perspective. Multiple X users challenged his viewpoint, highlighting that his earlier XRP forecasts failed to materialize. Additional critics questioned both his authority and the foundation supporting his $10 projection.

XRP remains approximately 67% below its July 2025 all-time peak of $3.66. That substantial distance renders the higher boundary of Kim’s target an ambitious objective from current trading levels.

Convergence of Three Technical Indicators Market analyst Ali Charts identified that the Tom DeMark Sequential indicator generated a “9” buy formation on XRP’s daily timeframe. This signal typically emerges near downtrend exhaustion points and may precede brief price rebounds spanning one to four trading sessions.

XRP: TWO BULLISH SIGNALS

XRP is flashing two bullish reversal signals on the daily chart, pointing to a potential shift in momentum.

1. The Tom DeMark Sequential indicator has printed a buy signal via a "9" candlestick. This pattern historically anticipates a one-to-four daily… pic.twitter.com/q0qBDVCGXT

— Ali Charts (@alicharts) June 27, 2026

A Morning Star Doji reversal formation also materialized over three consecutive sessions within the $1.02 to $1.07 support range. This candlestick configuration suggests a possible near-term price floor.

The third indicator originates from blockchain data. Daily active addresses on the XRP Ledger climbed from approximately 23,000 on June 14 to nearly 39,500 recently, indicating genuine network engagement beyond purely speculative trading.

Market analyst ChartNerdTA observed that XRP’s cyclical peaks have traditionally occurred at three to five-year intervals. Should a cycle trough establish during 2026, the subsequent potential peak might materialize between 2028 and 2030.

Investment Product Flows and Market Metrics XRP’s total market capitalization continues exceeding $65 billion, per CoinGecko data. Institutional appetite has remained consistent, with XRP-linked ETF products attracting $11.88 million during a single trading session on May 29.

Aggregate net inflows into XRP investment vehicles achieved approximately $1.42 billion throughout 2026, representing the most robust ETF capital influx period the token has experienced to date.

For near-term upward momentum confirmation, market analysts indicate XRP requires persistent buying pressure and a decisive breach above the $1.30 resistance threshold.
2026-06-29 11:33 1mo ago
2026-06-29 07:14 1mo ago
Rocket Lab to buy satellite communications firm Iridium in $8 billion deal
RKLB Rocket Lab USA
FMP Stock News
Original source text
June 29 (Reuters) - Rocket Lab (RKLB.O), opens new tab said on Monday it ​would acquire satellite communications ‌provider Iridium Communications (IRDM.O), opens new tab in a cash-and-stock deal ​valued at about $8 ​billion, marking one of the ⁠biggest consolidation moves ​in the commercial space ​industry.

Iridium shareholders will receive $27 in cash and Rocket Lab ​shares, with a ​combined value of $54 per Iridium ‌share. ⁠The deal is expected to close in mid-2027.

The Reuters Inside Track newsletter is your essential guide during the World Cup. Sign up here.

The acquisition will ​transform Rocket ​Lab ⁠from a satellite-manufacturing and launch ​company into a ​fully ⁠integrated space business that designs, builds, launches ⁠and ​operates satellite constellations.

Reporting ​by Akash Sriram in Bengaluru; ​Editing by Joyjeet Das

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-06-29 11:33 1mo ago
2026-06-29 07:15 1mo ago
Rocket Lab Stock Rises on $8 Billion Acquisition of Iridium Communications
RKLB Rocket Lab USA
FMP Stock News
Original source text
Rocket Lab stock advances after the company announces a deal to buy Iridium Communications.
2026-06-29 11:24 1mo ago
2026-06-29 06:56 1mo ago
Golar LNG Limited – Q2 2026 results presentation
LNG Cheniere Energy
FMP Stock News
Original source text
June 29, 2026 06:56 ET  | Source: Golar LNG

Golar LNG's 2nd Quarter 2026 results will be released before the market opens on Thursday, August 13, 2026. In connection with this a webcast presentation will be held at 08:00am Eastern Time (1:00pm London Time) on Thursday August 13, 2026. The presentation will be available to download from the Investor Relations section at www.golarlng.com

We recommend that participants join the conference call via the listen-only live webcast link provided. Sell-side analysts interested in raising a question during the Q&A session that will immediately follow the presentation should access the event via the conference call by clicking on this link. We recommend connecting 10 minutes prior to the call start. Information on how to ask questions will be given at the beginning of the Q&A session. There will be a limit of two questions per participant.

a. Listen-only live webcast link
Go to the Investors, Results Centre section at www.golarlng.com and click on the link to "Webcast". To listen to the conference call from the web, you need to have a sound card on your computer, but no special plug ins are required to access the webcast. There is a “Help” link available on the webcast pages for anyone who may have issues accessing.

b. Teleconference

Conference call participants should register to obtain their dial in and passcode details. This process eliminates wait times when joining the call.

When you log in, you can either dial in using the provided numbers and your unique PIN, or select the “Call me” option and type in your phone number to be instantly connected to the call. Use the following link to register.

Please download the presentation material from www.golarlng.com (Investors, Results Centre) to view it while listening to the conference.

If you are not able to listen at the time of the call, you can assess a replay of the event audio for a limited time on www.golarlng.com (Investors, Results Centre).

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
2026-06-29 11:19 1mo ago
2026-06-29 06:00 1mo ago
Southern Cross Gold Announces First Cut Fired at Sunday Creek Exploration Decline Portal
SO Southern Company
FMP Stock News
Original source text
Vancouver, British Columbia and Melbourne, Australia--(Newsfile Corp. - June 29, 2026) - Southern Cross Gold Consolidated Ltd (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF) (FSE: MV3) ("SXGC", "SX2" or the "Company") advises that PYBAR Mining Services Pty Ltd ("PYBAR"), a Thiess company, has fired the first cut in the exploration decline (or tunnel) portal at the Company's Sunday Creek Gold-Antimony Project, 60 kilometres north of Melbourne, Victoria.

This is the first new decline to be developed in the State of Victoria in approximately 20 years. The milestone follows the Resources Victoria Work Plan approval received in November 2025 and Premier Jacinta Allan's public endorsement of the project as a critical minerals jobs opportunity for Victoria.

High Level Takeaways: 

First Cut Fired. The first development blast was fired in the exploration decline portal at Sunday Creek, Victoria. This is the first new decline developed in Victoria in approximately 20 years. 

Industry Milestone. This is a landmark moment for the Victorian mining sector and a rare career opportunity for the teams involved. Firing of the first cut marks the start of underground development of the exploration decline at Sunday Creek. 

Exploration Decline Progress. Box cut earthworks and ground support are complete, the portal is being established and the development jumbo is commencing driving the primary exploration decline. 

Drilling Acceleration. Once completed by year end, the decline will allow the current 11 surface rigs to be expanded to 24 surface and underground rigs, positioning Sunday Creek as one of the largest pre-development drill-outs globally. Future. The decline development supports the ongoing advancement of a project we believe has the potential to become a significant western world supplier of antimony and gold. Michael Hudson, President & CEO states: "The Victorian Government approved our exploration decline on 27 November 2025. In the months since, we have established the surface infrastructure, the box cut, and we have now fired the first cut underground. This is the first new decline developed in Victoria in around 20 years, and a proud moment for everyone involved.

"The firing of the first cut went as planned and was executed safely. Beyond this being a significant milestone for Sunday Creek, it is a significant milestone for the broader Victorian mining industry. Many people in our sector never get the opportunity to be part of something like this in their career, and I want to thank the PYBAR and SXGC teams onsite who made it happen.

"The decline is fundamentally about accelerating drilling. From here, the team will drive the primary decline to establish underground drill platforms approximately 115 metres beneath surface, scaling us from the 11 surface rigs operating today towards 24 rigs working concurrently, and positioning Sunday Creek as one of the largest pre-development drill-outs globally."

Figure 1. Exploration decline portal, face markup prior to firing.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11541/303231_scgcfigure1.jpg

Figure 2. Bogging the first cut from the decline portal.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11541/303231_scgcfigure2.jpg

Figure 3. Scaling the first cut at the portal face.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11541/303231_85f2900104134b9d_004full.jpg

Figure 4. Boxcut and the portal face.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11541/303231_85f2900104134b9d_005full.jpg

PYBAR comment. James Glover, General Manager of PYBAR Mining Services, who attended site for the firing, said: "It was a pleasure to spend time onsite with the respective team members for the firing of the first cut in the exploration decline. All went well and as planned. The firing of the first cut is a significant milestone for the project, but also more broadly for the mining industry, with this being the first new underground decline developed in Victoria in the last 20 or so years. Many people in the sector never get the opportunity to be involved in something like this in their career. The PYBAR team are very excited and proud to be a part of it."

First Cut Fired and Decline Underway

PYBAR fired the first development cut in the exploration decline portal, marking the commencement of underground development at Sunday Creek. Surface preparation works are complete, including the box cut of approximately 15 metres depth, ground support installation including fibrecrete of the exposed faces. With the portal establishment, the development jumbo can commence driving the primary 5.5 m wide x 6 m high decline, with bogging, scaling and ground support of the first cut undertaken as part of the standard development cycle. The decline will extend approximately 680 metres in lateral development to reach a vertical depth of approximately 115 metres, including approximately 1,200 metres of development in total to establish the underground drilling platforms (Figure 5). The decline is targeted for completion by year end. PYBAR was awarded the decline contract in May 2026 following a competitive tender process assessing technical capability, safety record, delivery schedule and price.

The decline is being built to accelerate exploration drilling. Establishing underground drill platforms unlocks the scale-up from the 11 surface rigs operating today to 24 rigs working concurrently, positioning Sunday Creek as one of the largest pre-development drill-outs globally. Underground drilling delivers shorter, more accurate holes into mineralization, materially improves productivity per metre and reduces surface impacts.

A milestone for the Victorian mining sector

The firing of the first cut is the first new underground decline developed in Victoria in approximately 20 years. It represents both a significant milestone for the Sunday Creek project and a broader milestone for the Victorian mining industry, which has not seen new underground development of this kind for two decades. The Company acknowledges the PYBAR and SXGC site teams whose planning and execution delivered the firing safely and on schedule.

Next steps. With the portal established and the first cut fired, the development team will continue to advance the primary decline towards a vertical depth of approximately 115 metres, followed by lateral development to establish the initial underground drilling platforms with first rigs underground expected to be mobilised in October. The decline remains targeted for completion by year end, after which underground drilling can commence to support the planned scale-up in drilling capacity at Sunday Creek.

Further Information

Further discussion and analysis of the Sunday Creek project is available through the interactive Vrify 3D animations, presentations and videos all available on the SXGC website. These data, along with an interview on these results with President & CEO/Managing Director Michael Hudson can be viewed at www.southerncrossgold.com.

Critical Metal Epizonal Gold-Antimony Deposits

Sunday Creek (Figure 6) is an epizonal gold-antimony deposit formed in the late Devonian (like Fosterville, Costerfield and Redcastle), 60 million years later than mesozonal gold systems formed in Victoria (for example Ballarat and Bendigo). Epizonal deposits are a form of orogenic gold deposit classified according to their depth of formation: epizonal (<6 km), mesozonal (6 km to 12 km) and hypozonal (>12 km).

Epizonal deposits in Victoria often have associated high levels of the critical metal, antimony, and Sunday Creek is no exception. China, Russia and Tajikistan together account for over 90% of global antimony mine production, with China alone supplying roughly half. China's dominance is greater still in processing, controlling an estimated 80% of global antimony refining capacity. Antimony features highly on the critical minerals lists of many countries including Australia, the United States of America, Canada, Japan and the European Union. Australia ranks seventh for antimony production despite all production coming from a single mine at Costerfield in Victoria, located nearby to all SXGC projects. Antimony alloys with lead and tin which results in improved properties for solders, munitions, bearings and batteries. Antimony is a prominent additive for halogen-containing flame retardants. Adequate supplies of antimony are critical to the world's energy transition, and to the high-tech industry, especially the semi-conductor and defence sectors where it is a critical additive to primers in munitions.

Antimony represents approximately 21% to 24% in situ recoverable value of Sunday Creek at an AuEq of 2.39 ratio.

About Southern Cross Gold Consolidated Limited (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF) (FSE: MV3)

Southern Cross Gold Consolidated Ltd. (TSX: SXGC) (ASX: SX2) (OTCQX: SXGCF), is defining a leading gold-antimony project at the Sunday Creek Gold-Antimony Project, located 60 km north of Melbourne. Sunday Creek is a significant gold and antimony drill discovery in a Tier 1 location, with high-grade drill results including 85 composite intersections exceeding 100 g/t Au from 119.6 km of drilling. The mineralization follows a "Golden Ladder" structure over 12 km of strike length, with structures tested from surface to 1,100 m depth.

Sunday Creek's strategic value is enhanced by its dual-metal profile. The Company has a critical mineral the Western world needs. This has gained increased significance following China's export restrictions on antimony, a critical metal for defence and semiconductor applications. Southern Cross' inclusion in the US Defense Industrial Base Consortium (DIBC) and Australia's AUKUS-related legislative changes position it as a potential key Western antimony supplier.

Technical fundamentals further strengthen the investment case, with preliminary metallurgical work showing non-refractory mineralization suitable for conventional processing and gold recoveries of 93% to 98% through gravity and flotation.

With a strong cash position, 1,392 Ha of strategic freehold land ownership, and a large 200 km drill program planned through Q1 2027, SXGC is well-positioned to advance this globally significant gold-antimony discovery in a tier-one jurisdiction, delivering milestone by milestone.

- Ends -

For ASX Compliance: This announcement has been approved for release by the Board of Southern Cross Gold Consolidated Ltd.

Forward-Looking Statement

This news release contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results and future events could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements include words or expressions such as "proposed", "will", "subject to", "near future", "in the event", "would", "expect", "prepared to" and other similar words or expressions. Factors that could cause future results or events to differ materially from current expectations expressed or implied by the forward-looking statements include general business, economic, competitive, political, social uncertainties; the state of capital markets, unforeseen events, developments, or factors causing any of the expectations, assumptions, and other factors ultimately being inaccurate or irrelevant; and other risks described in the Company's documents filed with Canadian or Australian (under code SX2) securities regulatory authorities. You can find further information with respect to these and other risks in filings made by the Company with the securities regulatory authorities in Canada or Australia (under code SX2), as applicable, and available for the Company in Canada at www.sedarplus.ca or in Australia at www.asx.com.au (under code SX2). Documents are also available at www.southerncrossgold.com. The Company disclaims any obligation to update or revise these forward-looking statements, except as required by applicable law.

Figure 5: Sunday Creek exploration decline shown in plan view (left, 200 m scale) and isometric view (right, 250 m scale; plunge +20°, azimuth 025°). The decline (black) extends from the boxcut and delivers underground drill access to the mineralised structures (red) across the Christina, Golden Dyke, Rising Sun and Apollo prospects. Blue lines show conceptual underground drill holes the decline will enable.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11541/303231_85f2900104134b9d_006full.jpg

Figure 6: Location of the Sunday Creek project, along with the 100% owned Redcastle Gold-Antimony Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11541/303231_85f2900104134b9d_007full.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303231

Source: Southern Cross Gold Consolidated Ltd.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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2026-06-29 11:19 1mo ago
2026-06-29 07:00 1mo ago
Koryx Copper Provides Further Drill Results for the Haib Copper Project in Southern Namibia
SO Southern Company
FMP Stock News
Original source text
Highlights 

Assay results reported for 15 drill holes comprising over 5,351m of infill drilling.Consistent, wide intercepts up to 714m in width with CuEq Grades exceeding average MRE grade. Pockets of higher-grade Au and Mo, and significant localised W (Tungsten) results.Best 8 of 15 drill hole assay intersections as follows: HM138:          584m @ 0.34% CuEq (42ppm Mo, 0.040g/t Au) (0 – 584m)
incl.         72m @ 0.48% CuEq (0 – 72m)
and        128m @ 0.36% CuEq (136 – 264m)
and        170m @ 0.42% CuEq (306 – 476m) incl. 20m @ 0.70% CuEq

HM149:           428m @ 0.35% CuEq (56ppm Mo, 0.027g/t Au) (0-428m) incl.          54m @ 0.53% CuEq (26 - 80m)
and           32m @ 0.70% CuEq (92 – 124m)
and           36m @ 0.31% CuEq (142 – 178m)
and           32m @ 0.46% CuEq (186 – 218m)
and           24m @ 0.51% CuEq (252 – 276m)

HM153:            714m @ 0.31% CuEq (101ppm Mo, 0.018g/t Au) (0 – 714m)
incl.           68m @ 0.54% CuEq (294 – 362m)
and            82m @ 0.41% CuEq (386 – 468m)

HM141:             582m @ 0.25% CuEq (51ppm Mo, 0.022g/t Au) (0 – 582m)
incl.            84m @ 0.52% CuEq (234 - 318m)
and             58m @ 0.39% CuEq (334 - 392m)
and               8m @ 0.63% CuEq (566 – 574m)

HMRC001:         243m @ 0.40% CuEq (98ppm Mo, 0.020g/t Au) (0 – 243m) HM137:              162m @ 0.46% CuEq (50ppm Mo, 0.034g/t Au) (6 – 168m) HM139:                65m @ 0.55% CuEq (32ppm Mo, 0.060g/t Au) (140 - 205m) HMRC002:           24m @ 0.68% CuEq (110ppm Mo, 0.016g/t Au) (92 -116m) LUXEMBOURG, June 29, 2026 (GLOBE NEWSWIRE) -- Koryx Copper S.A. (TSX:KRY.V) (NSX:KYX) (OTCQB:KRYXF) (“Koryx” or the "Company") is pleased to announce assay results from 15 drill holes (5,351m) received as part of the ongoing infill and expansion drill program on the wholly-owned Haib Copper Project (“Haib” or the “Project”) in southern Namibia.

The Haib deposit is a massive, disseminated porphyry copper (Cu) deposit with associated molybdenum (Mo) and gold (Au). Haib is envisaged to produce a Cu and Mo concentrate via large-scale open pit mining and mainly conventional crushing, milling and sulphide flotation with the potential for additional copper cathode production via oxide heap leaching. Ongoing process flow sheet optimization is aimed at improving project economics whilst reducing technical risk.

Heye Daun, Koryx Copper’s President and CEO commented: “This is another excellent set of drill results from our ongoing 15-rig drill program. Very wide intersections at good grades exceeding 0.3% CuEq, and mostly starting from surface, indicates the potential for further improvements of our mineral resource. In conjunction with the recently announced process flow sheet enhancements, we expect the economics of the Haib project to improve significantly in the upcoming PFS which is on track to be published before the end of 2026.”

Figure 1: Plan view indicating recent drill hole locations. Results indicated in black are shown on the long section below

Figure 2. Long section showing fifteen drillhole intersections relative to the model for Cu mineralization

Discussion of Results

Target 1

HM135 was drilled as an infill hole in the northwest of Target 1, immediately south of the Volstruis River. Cu and Mo results are in line with expectations.

HM137 was drilled as an infill hole targeting the high-grade centre of Target 1 Cu mineralisation. Cu and Mo grades are in line with expectations. Notably, broad W intersections occur within the first 100m, including 4m at 0.12% W from 46m down the hole and a further 20m at 0.03% W. W has been intersected in several other Target 1 holes. Its presence is somewhat anomalous given that W is generally regarded as a proximal metal in porphyry systems. It’s presence in the upper portions of Target 1 holes remains under investigation.

HM139 is in the south of Target 1 and was drilled to test the southward extension and limit of Cu mineralisation. Results are significant with high-grade Cu-Au mineralisation intersected in the lower part of the hole, which was not encountered in previous drilling, and indicates a potential southward extension of Target 1 exceeding 100m. The hole was stopped in mineralisation due to rig limitations, with the final 8m returning 1.13% Cu and 0.14 g/t Au. The hole will be extended using a second rig in the coming months.

HM140 was drilled approximately 140m west of HM139 along the southern limit of Target 1. Good Cu and Mo results are in line with expectations, with combined elevated grades producing multiple CuEq intervals exceeding 0.3% at regular intervals down-hole. Au is known to be elevated in this part of Target 1, and HM140 confirms this, with two 2m samples returning approximately 1g/t Au, 4m @ 0.5g/t and two separate 6m intervals returning 0.1g/t and 0.2g/t Au respectively.

HM141 was drilled on the same section line as HM140 as an infill hole to close drill spacing in the centre of Target 1. Cu and Mo results are in line with expectations for this part of the deposit.

HM149 was positioned as an infill hole for resource conversion in the centre of Target 1. The results are consistent with expectations. Mo is relatively well developed from surface, peaking at ~350 m downhole before declining to low levels. W is also present, with intersections of 6 m at 0.01% W, 4 m at 0.09% W, and 2 m at 0.36% W.

MRC001 is the first reverse circulation hole completed at Haib, drilled as an infill hole in the southeast of Target 1. While intersection widths broadly match expectations, both Cu and Mo grades are above expectations.

Target 2

HM138 was drilled as an infill hole in the eastern central portion of Target 2. Cu results are excellent, with multiple wide CuEq intervals exceeding 0.36%. Au is the most significant outcome of this hole, with deeper portions returning 6m at 0.5g/t Au and a further 20m at 0.42g/t Au, the latter including a 2m sample at 1.13g/t Au and a 2m sample at 1.96 g/t Au. Thes two broader intersections represent the highest Au metal intersections recorded at Haib to date. Data density to the east and west of HM138 remains low, and the lateral extent of this Au-enrichment has not yet been established.

HM143 is located in the southern central portion of Target 2, with partial results previously reported. Cu grades are in line with expectations; however, wide, high-grade Mo mineralisation materially elevates the CuEq grade, producing intervals as wide as 230m at ≥0.34% CuEq containing narrower high-grade intervals within. Au is essentially absent.

HM144 was drilled in the northern central portion of Target 2 to test the possible surface expression of good intersections encountered at depth in nearby holes. Results indicate that HM144 is located outside the limit of economic Cu mineralisation in Target 2, with Mo practically absent.

HM153 is an infill hole drilled through the mid-depth mineralisation of Target 2. Results correlate well with the current resource model, with good to excellent Mo mineralisation maintained across the full drilled extent.
HMRC003 is an infill reverse circulation hole on the northern edge of Target 2. Cu results are in line with expectations and show strong correlation with the existing grade shell models.

Target 3

HM148 is an in-fill hole in the west of Target 4. This area is known to be well mineralised with respect to Mo, and the results reflect this. Overall, Cu and Mo assay results correlate well with the current grade shell model for Target 4.

HMRC002 is an infill reverse circulation hole drilled in Target 4 near the southern contact of the East-West Structural Zone (EWSZ). While Cu and Mo results are in line with expectations, the results do indicate that a minor positional adjustment to the EWSZ boundary will be required in the resource model, but this does not materially affect the mineralisation interpretation.

Table of Significant Intersections

Hole#ZoneFrom (m)To (m)Width (m)1CuEq (%)2Cu (%)Mo (ppm)Au (g/t)HM135
Entire Hole04164160.190.17100.029Main048480.390.3690.045Main112138260.320.27470.046Including11612040.530.461060.048HM137
Entire Hole04594590.330.28660.030Main61681620.460.42500.034Including182461.121.09350.027Including4050100.680.63350.050Including546061.471.37820.085Including949621.010.93990.063Including10210421.351.28760.070Including13614040.870.80870.055Main196260640.370.32440.036Including23824240.860.75900.108Main38038660.470.323250.032Main444456120.340.203390.025HM138
Entire Hole05845840.340.30420.040Main072720.480.421030.031Including81681.091.04590.038Including545840.960.851000.103Main1362641280.360.33360.021Including16416841.621.473190.050Including194204100.440.42240.019Including25826240.910.86770.035Main3064761700.420.34420.090Including32833460.640.2870.500Including34034440.970.93190.040Including35436280.570.50660.060Including36837460.630.58740.022Including404424200.700.39280.423Including44244640.620.56930.040Main50851460.510.48540.024HM139
Entire Hole02052050.280.25210.033Main140205650.550.49320.060Including150164140.700.64370.063Including19620481.131.02180.139HM140
Entire Hole04554550.180.14390.035Main465480.380.193470.084Main728080.520.1540.510Main100110100.390.22100.220Main13414060.500.37320.155Main278346680.300.28430.012Main418434160.350.30540.036HM141
Entire Hole05825820.250.21510.022Main106138320.310.25990.033Including10611260.630.521350.075Main158176180.300.26620.027Main184210260.310.26660.027Main234318840.520.441630.030Including234244100.650.581200.038Including25025661.181.091240.064Including27027441.231.141580.054Including30431280.600.57320.026Main334392580.390.36340.028Including342358160.590.54490.045Main56657480.630.59450.036HM142
Entire Hole03633630.150.12550.017Main160202420.360.262200.029Including16016440.640.121,3600.028HM1433
Entire Hole07067060.260.211110.018Main162260.430.263780.040Main3460260.340.261820.018Main1122261140.340.203350.021Including17418280.440.245180.019Including208226180.660.309450.026Main3585882300.340.30640.021Including410436260.510.431560.026Including490504140.680.63660.037Including53253640.530.49750.027Including54655260.510.451180.023HM144Entire Hole02112110.130.12160.009HM148
Entire Hole03113110.220.181020.013Main6274120.330.242270.017Main136180440.340.251950.017Including13613820.890.122,0700.013Including14615260.520.461210.023Main22423280.390.37210.019Main246270240.500.45970.023HM149
Entire Hole04284280.350.31560.027Main2680540.530.49380.037Including323421.171.11770.057Including465040.990.92400.066Including667260.820.78240.047Main92124320.700.66450.036Including10410841.751.67550.084Main142178360.310.27680.026Main186218320.460.41650.031Including20220860.710.611540.048Including21021221.701.63930.048Main252276240.510.45880.042Including25626040.720.641190.059Including26226860.660.60760.043Including27227640.660.59580.063Main30431280.490.265480.035Including30831240.540.161,0020.021Main388398100.310.28130.025Main412422100.390.37200.028HM153
Entire Hole07147140.310.261010.018Main242400.330.251560.020Main7090200.460.381800.029Main96120240.300.26840.020Main144172280.300.26510.021Main200268680.330.29510.017Main294362680.540.432630.021Including304322180.930.725420.027Including328344160.530.364100.025Main386468820.410.322040.023Main532556240.320.251550.019Main65866460.560.51970.030HMRC001
Entire Hole02432430.400.35980.020Main416120.810.741280.024Including101441.070.981960.028Main322402080.400.351000.020Including465260.630.542010.017Including12413060.730.613020.025Including13614480.600.511710.033Including16416840.580.491930.023Including19419840.630.58700.029Including23624040.520.49220.027HMRC002
Entire Hole02432430.150.13310.013Main92116240.680.631100.016Including10811681.131.091120.010Main126146200.310.251300.023HMRC003
Entire Hole01381380.290.27450.010Main076760.370.33690.011Including3646100.610.58610.012          True widths are unknown. Widths are interval widths and not true widths. The reported intervals are calculated using the following parameters: Only CuEq (%) was used to determine the intervals.The target composite grade is ≥0.30% CuEq.Composites start and end with samples ≥0.30% CuEq.Grades between 0.20% and 0.30% are included in interval but generally constitute <40% of the interval.Consecutive samples between 0.20% and 0.30% should be fewer than 5 samples (10m).Grades below 0.20% are included but generally constitute <20% of the interval.Consecutive grades <0.2% should be fewer than 2 samples (4m). Mineral Resource (MRE) copper equivalent (CuEq%) values have been calculated using commodity type and price considering the relevant recovery rate. The following metal prices were used Cu US$4.54/lb; Mo US$22.68/lb; Au US$4,000/oz along with the following recoveries indicated from test work, Cu 89%; Mo 65% and Au 50%. The CuEq was then calculated using CuEq = [(Cu grade/100 * 0.89 Cu recovery * 2204.62 * $4.54 Cu price/lb) + (Mo ppm/1000000 * 0.65 Mo recovery * 2204.62 * $22.68 Mo price/lb) + (Au grade * 0.50 Au recovery * 4000 Au price/oz / 31.1035)] / [0.89 Cu Recovery * 2204.62 * $4.54 Cu price/lb]Partial results previously reported Qualified Persons

Mr. Dean Richards Pr.Sci.Nat., MGSSA – BSc. (Hons) Geology is the Qualified Person for the Haib Copper Project and has reviewed and approved the scientific and technical information in this news release and is a registered Professional Natural Scientist with the South African Council for Natural Scientific Professions (Pr. Sci. Nat. No. 400190/08).Mr. Richards is independent of the Company and its mineral properties and is a Qualified Person for the purposes of National Instrument 43-101.

About Koryx Copper S.A.

Koryx Copper S.A. is a Luxembourg domiciled copper development Company focused on advancing its 100% owned Haib Copper Project in Namibia whilst also building a portfolio of copper exploration licenses in Zambia. Haib is a large copper porphyry deposit in southern Namibia with significant gold and molybdenum credits and a long history of exploration and project development by multiple operators.

More than 140,000m of drilling has been conducted at Haib since the 1970’s with significant exploration programs led by companies including Falconbridge (1964), Rio Tinto (1975), Teck (2014) and Koryx Copper (2021-2026). Extensive further drilling, metallurgical testing and various technical studies have been completed at Haib. Additional studies are underway aiming to demonstrate Haib as a future long-life, low-cost, low-risk open pit, sulphide milling and flotation copper project with additional heap leach potential.

Mineralisation at Haib is typical of a porphyry copper deposit and is dominantly chalcopyrite with minor bornite and chalcocite present and only minor secondary copper minerals at surface due to the arid environment. Haib is one of only a few examples of a Paleoproterozoic porphyry copper deposit in the world. Due to its age, the deposit has been subjected to multiple metamorphic and deformation events but still retains many of the classic mineralisation and alteration features typical of these deposits.

Further details of the Haib Copper Project are available in the technical report titled “March 2026 Mineral Resource Estimate Haib Copper Project, Namibia, National Instrument 43-101 Technical Report” dated effective March 16, 2026. The report and other information are available on the Company's website at www.koryxcopper.com and under the Company's profile on SEDAR+ at www.sedarplus.ca.

Additional information is also available by contacting the Company:

Julia Becker
Corporate Communications
[email protected]
+1-604-785-0850

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the future or prospects of the Haib project or the Company, including prospective production rates and life-of-mine, the timing of publishing a PFS, the commencement of trading of the Shares under the new Company name, and the effective date of the new CUSIP and ISIN assigned to the Shares. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect ", "is expected ", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, other factors may cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management discussion and analysis. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/98b151ef-90aa-4b59-8cee-d8135e4a31e2

https://www.globenewswire.com/NewsRoom/AttachmentNg/87947637-7701-43b2-aff1-5aed3e970f7a
2026-06-29 11:19 1mo ago
2026-06-29 06:11 1mo ago
New Strong Sell Stocks for June 29th
SKY Skyline
FMP Stock News
Original source text
This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.

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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.94% per year. These returns cover a period from January 1, 1988 through June 1, 2026. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.

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2026-06-29 11:16 1mo ago
2026-06-29 06:31 1mo ago
Workiva (WK) Soars 5.9%: Is Further Upside Left in the Stock?
WK Workiva
FMP Stock News
Original source text
Workiva (WK) 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.
2026-06-29 11:15 1mo ago
2026-06-29 06:46 1mo ago
Dycom Industries: Growth Outlook Continues To Get Better
DY Dycom Industries
FMP Stock News
Original source text
1.4K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-06-29 11:14 1mo ago
2026-06-29 06:46 1mo ago
Strength Seen in Ameren (AEE): Can Its 3.3% Jump Turn into More Strength?
AEE Ameren
FMP Stock News
Original source text
Ameren (AEE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
2026-06-29 11:14 1mo ago
2026-06-29 06:07 1mo ago
Investor Announcement: Ensign Investors are Notified to Contact BFA Law about its Pending Securities Fraud Investigation to Recover Stock Losses
ENSG The Ensign Group
FMP Stock News
Original source text
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Ensign Group, Inc. (NASDAQ:ENSG) for potential securities fraud after significant stock drops.

If you invested in Ensign, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.

Key Details of the Ensign ($ENSG) Class Action Investigation:

Investigation Overview: Securities fraud relating to Ensign’s misrepresentations about care quality at the company’s nursing facilities, as well as Ensign’s growth, margins, and regulatory complianceStock Declines: June 8, 2026 – 8.2% Stock Drop; June 10, 2027 – 3% Stock DropAction: Contact BFA Law to discuss your rights Why is Ensign Being Investigated for Securities Fraud?

Ensign is a healthcare services company that operates skilled nursing, senior living, and rehabilitative care facilities through a network of affiliated providers. Ensign relies heavily on Medicare and Medicaid reimbursements, making government funding and regulatory compliance central to Ensign’s business model.

BFA is investigating whether Ensign misled investors about the quality of care at its facilities, as well as Ensign’s growth, margins, and regulatory compliance.

Why did Ensign’s Stock Drop?

On June 8, 2026, Hunterbrook Capital published a research report titled “Ensign: The Nursing Home Empire Built on Fatal Neglect” based on a five month investigation that alleged “Ensign’s profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government.” According to Hunterbrook, Ensign padded its profit margin by understaffing its facilities while routing Medicare and Medicaid payments to affiliate entities owned or controlled by Ensign.

This news caused the price of Ensign stock to decline $13.88 per share, or 8.2%, from a closing price of $170.30 per share on June 5, 2026, to $156.42 per share on June 8, 2026.

On June 11, 2026, Muddy Waters Research published a research report titled “Ensign: Deceiving the Government at Estimated ~20% of Facilities” which alleged that Ensign “rents” required nursing-home administrator licenses from off-site administrators that do not actually oversee its facilities to create the appearance of regulatory compliance. According to Muddy Waters, genuine regulatory compliance would significantly reduce Ensign’s profitability.

On this news, the price of Ensign stock declined $4.52 per share, or 3%, from a closing price of $151.65 per share on June 10, 2026, to $147.13 per share on June 11, 2026.

Click here for more information: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.

What Can You Do?

If you invested in Ensign, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/ensign-class-action-lawsuit

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/ensign-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.
2026-06-29 11:14 1mo ago
2026-06-29 06:18 1mo ago
ENSG INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Launches Investigation into The Ensign Group, Inc. and Encourages Investors and Potential Witnesses to Contact Law Firm
ENSG The Ensign Group
FMP Stock News
Original source text
SAN DIEGO--(BUSINESS WIRE)---- $ENSG #ENSG--Robbins Geller is investigating potential violations of the federal securities laws by Ensign.
2026-06-29 11:12 1mo ago
2026-06-29 05:03 1mo ago
CVLT Investors Have Opportunity to Lead Commvault Systems, Inc. Securities Fraud Lawsuit with the Schall Law Firm
CVLT CommVault Systems
FMP Stock News
Original source text
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Commvault Systems, Inc. ("Commvault" or "the Company") (NASDAQ: CVLT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between April 29, 2025 and January 26, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before July 17, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Commvault shared overwhelmingly positive statements about its ARR growth while knowing or recklessly disregarding the fact that its growth guidance failed to factor in important variables including the type of sale. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Commvault, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.             

CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE The Schall Law Firm
2026-06-29 11:12 1mo ago
2026-06-29 06:30 1mo ago
United Therapeutics Corporation Announces FDA Approval of the LungFX™ Device for Centralized Ex Vivo Lung Perfusion
UTHR United Therapeutics
FMP Stock News
Original source text
SILVER SPRING, Md. & RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--United Therapeutics Corporation (Nasdaq: UTHR), a public benefit corporation, today announced that the U.S. Food and Drug Administration (FDA) has granted premarket approval (PMA) of the LungFXTM device (LungFX) for use in centralized ex vivo lung perfusion (EVLP), a procedure that enables donor lungs to be assessed outside the body after procurement and before transplantation. The PMA, submitted by United Therapeutics' wholly.
2026-06-29 11:11 1mo ago
2026-06-29 06:00 1mo ago
Global Net Lease Closes $74 Million of Dispositions Since First Quarter 2026, Achieving a 7.2% Cash Cap Rate on Occupied Sales
GNL Global Net Lease
FMP Stock News
Original source text
June 29, 2026 06:00 ET  | Source: Global Net Lease, Inc.

Sold $66 Million of Occupied Properties, Including $61 Million of Office Assets at a 7.2% Cash Cap Rate Office Assets Accounted for 93% of Occupied Sales Disposition Activity Reduces Office Exposure and Supports Continued Focus on Leverage ReductionPending Acquisition of Modiv Industrial Remains on Track for Anticipated Third Quarter 2026 Closing NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company") today announced that, since the first quarter 20261, it sold $74 million of assets, including $66 million of occupied assets at a 7.2% cash cap rate, with office assets representing $61 million, or 93%, of occupied dispositions. GNL also sold $8 million of vacant assets, eliminating negative NOI drag, increasing portfolio occupancy and enhancing overall portfolio quality. Year-to-date, GNL has now closed approximately $145 million of dispositions at a 7.5% cash cap rate on occupied assets.

Since the first quarter 20261, GNL sold two occupied office assets at a 7.2% cash cap rate: a 33,000-square-foot building leased to the U.S. General Services Administration ("GSA") for $13 million and a 369,000-square-foot office building leased to GE Aviation for $48 million. Prior to the sales, GNL executed 20-year and 10-year lease extensions at the GSA and GE Aviation properties, respectively, increasing the assets' marketability and positioning them for dispositions at enhanced values. In addition, GNL has a 133,000-square-foot office asset in the Netherlands, currently leased to Koninklijke KPN N.V. ("KPN"), under contract for sale for approximately $18 million2, upon the expiration of KPN's lease in December 2026. These transactions reflect the Company's continued execution of its strategy to reduce office exposure, proactively address lease rollover risk, and improve the long-term quality of the portfolio. GNL is continuing its efforts to further reduce its office exposure and looks forward to providing additional details for any potential transaction entered into. Upon completion of these transactions, GNL expects office exposure to be reduced to approximately 21% of portfolio straight-line rent.

On the acquisition front, GNL is currently under contract to acquire a 100,000-square-foot single-tenant industrial property occupied by a Fortune 50 investment-grade tenant for $14 million at an 8.2% cash cap rate. The Company anticipates that this acquisition will provide an opportunity to redeploy disposition proceeds into a high-quality industrial asset at an attractive yield.

Together with the pending $535 million acquisition of Modiv Industrial, Inc. (NYSE: MDV), expected to close in the third quarter of 2026, these initiatives reflect GNL's continued focus on increasing exposure to single-tenant industrial and retail assets while strategically reducing office concentration. The acquisition is expected to be immediately 4% accretive to AFFO per share and is structured to be leverage neutral, complementing GNL's broader, continued focus on reducing leverage over the long-term and preserving GNL's balance sheet strength and financial flexibility. Through the transaction, GNL will be acquiring a high-quality industrial net lease portfolio with a 15.0 year weighted average lease term and 2.4% average annual rent escalations, which is expected to extend GNL's weighted average lease term from 5.9 years in Q1'26 to 6.7 years on a pro-forma basis.

"Our recent disposition activity advances our strategy of reducing office exposure while improving overall portfolio quality," said Michael Weil, CEO of GNL. "These dispositions demonstrate our ability to monetize office assets at attractive valuations while redeploying capital into high-quality industrial and retail investments. Together with the pending Modiv acquisition and additional office sales, we expect to reduce our office exposure to approximately 21% of portfolio straight-line rent, down from approximately 26% as of the first quarter of 2026, marking another meaningful step in our ongoing portfolio transformation. We believe these actions will further improve portfolio quality, strengthen our earnings profile, and position GNL to deliver long-term value for our stockholders."

About Global Net Lease, Inc.

Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust that focuses on acquiring and managing a global portfolio of income-producing net lease assets across the U.S., and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com. 

Footnotes

[1] Represents dispositions closed from April 1, 2026 through June 26, 2026.
[2] Based on an EUR exchange rate as of June 26, 2026.

Important Notice

The statements in this press release that are not historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. The words such as "may," "will," "seeks," "anticipates," "believes," "expects," "estimates," "projects," "potential," "predicts," "plans," "intends," "would," "could," "should" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of GNL's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include the risks that any potential future acquisition or disposition by GNL, including the Modiv transaction and the pending KPN disposition and industrial property acquisition, is subject to market conditions, capital availability and timing considerations and may not be identified or completed on favorable terms, or at all. Some of the risks and uncertainties, although not all risks and uncertainties, that could cause GNL's actual results to differ materially from those presented in GNL's forward-looking statements are set forth in the "Risk Factors" and "Quantitative and Qualitative Disclosures about Market Risk" sections in GNL's Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and all of its other filings with the U.S. Securities and Exchange Commission, as such risks, uncertainties and other important factors may be updated from time to time in GNL's subsequent reports. Further, forward-looking statements speak only as of the date they are made, and GNL undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

Contacts:

Investor Relations
Email: [email protected]
2026-06-29 11:10 1mo ago
2026-06-29 06:30 1mo ago
Headwater Gold Announces Commencement of Centerra-Funded Drilling at Crane Creek Project, Idaho
CR Crane
FMP Stock News
Original source text
Vancouver, British Columbia – TheNewswire - June 29, 2026: Headwater Gold Inc. (CSE: HWG) (OTCQX: HWAUF) (the “Company” or “Headwater”) is pleased to announce that Centerra Gold Inc. (“Centerra”) (TSX: CG) has commenced drilling at Headwater’s Crane Creek Project (“Crane Creek” or the “Project”) in western Idaho. The drill program is being operated and fully funded by Centerra pursuant to the earn-in agreement announced on December 3, 2025.

Highlights:

Centerra-Funded Drilling Underway: Approximately 3,000 metres of reverse circulation (“RC”) and core drilling has commenced, representing the first drill program under the Centerra earn-in partnership and the first drilling at the Project since the 1990’s; 

Meaningful Initial Investment: Approximately US$1.7 million of exploration expenditures are planned toward Centerra’s US$2.5 million minimum commitment in 2026; 

Testing Historical Gold Mineralization and New Targets: Drilling is designed to follow-up on areas of shallow historical gold mineralization, test below outcropping gold-bearing veins, and step out along strike away from known mineralized zones. Historical drilling at Crane Creek includes intercepts such as 62.5 m grading 1.21 g/t Au, including 8.14 g/t Au over 3.0 m in hole 96-24; and 

Large Underexplored Epithermal System: The program follows Headwater’s recent geological and geophysical work, which expanded the target footprint beyond the area of historic drilling and defined multiple new structural targets. 

Caleb Stroup, President and CEO of Headwater, states: “We are very pleased to see Centerra drilling this high-priority project. This program represents the first major test of the Project under our earn-in partnership and is expected to account for approximately US$1.7 million of partner-funded exploration toward Centerra’s US$2.5 million minimum commitment. Prior explorers identified gold mineralization at Crane Creek, including localized high-grade epithermal vein intercepts, but historical drilling was shallow and potential deeper epithermal vein targets were largely untested. The current program is designed to follow up shallow mineralization identified with historical drilling, test below known vein-controlled mineralization, and step out along strike and between zones. This is exactly the kind of partnership we seek at Headwater: meaningful discovery exposure for shareholders, funded by a technically strong partner, while preserving capital for continued generative exploration.”

2026 Crane Creek Drill Program:

Centerra has commenced an approximate 3,000 metre drill program at Crane Creek (Figure 1), consisting of up to 15 RC holes and five diamond core holes. The program is designed to test multiple target areas generated from the integration of historical drilling, surface sampling, geologic mapping and recently completed geophysical surveys. The program is expected to represent approximately US$1.7 million in exploration expenditures toward Centerra’s US$2.5 million minimum commitment under the earn-in agreement (Table 1).

Click Image To View Full Size

  Figure 1: Location of the Crane Creek Project in western Idaho with respect to the Crane Creek Graben, a major extensional fault system which hosts the Nutmeg Mountain epithermal gold deposit2 and lies approximately 40 km south of the recently discovered copper porphyry belt centered on the Hercules project.

The RC portion of the drill program is designed to test multiple prospective targets across the Project, including areas of known historical mineralization, along-strike extensions, and newly defined structural targets. As the first diamond core program at the Project, the core holes are designed to verify historical intercepts and provide important geological information to better understand the geological setting, including the relationship between gold mineralization and the underlying basalt unit.

Historic drilling at Crane Creek was mainly completed between 1984 and 1996 and consisted predominantly of shallow RC drilling in areas of outcropping gold-bearing epithermal quartz veins. Historical drilling in these areas completed by several previous operators encountered broad zones of low-grade gold mineralization as well as localized high-grade vein intercepts such as 62.5 m grading 1.21 g/t Au, including 8.14 g/t Au over 3.0 m in hole 96-243 (Golconda Resources, 1996). Many historical drill holes were terminated shortly after intersecting an underlying basalt unit, leaving the potential for deeper, basalt-hosted, epithermal veins largely untested.

Recent work by Headwater has significantly expanded the target concept beyond the historically drilled area. Airborne magnetic and radiometric surveys, together with ground gravity data, define a broader alteration and structural footprint across the Project, including a 4 kilometre by 2 kilometre potassium anomaly, interpreted as illite-adularia alteration, and multiple north-northwest-trending structural breaks interpreted as prospective fault-hosted vein targets (Headwater news release - September 8, 2025).

Centerra Earn-In Agreement:

The Crane Creek drill program is being completed under the earn-in agreement announced December 3, 2025. Centerra is the operator during the earn-in period and may earn up to a 70% interest in the Project through staged exploration expenditures and technical milestones.

Table 1: Principal Structure of the Earn-In Agreement:

Stage

Expenditures (US$)

Centerra Interest (%)

Time for Each Stage

Minimum Commitment

$2,500,000

0%

3 Years
from October 14, 2025

Stage 1

$10,000,0001

51%2

4 Years

from October 14, 2025

Stage 2

+$15,000,000                            +1% to 2% NSR 3 to HWG

60%

4 Years

from commencement of Stage 2

Stage 3

Completion of Preliminary Economic Assessment Report4

70%

2 years

from commencement of Stage 3

1. Stage 1 is inclusive of the Minimum Commitment of US$2,500,000.

2. If Centerra completes Stage 1 but not Stage 2, its ownership interest in the Project is reduced to 49% and Headwater retains the right to purchase the interest at a mutually agreed price or, if a price cannot be mutually agreed within a specified period, for fair value that will be determined based on an agreed-upon process.

3. Upon completion of Stage 2, Headwater will be ceded a 2% NSR royalty on royalty-free claims which are 100%-owned by Headwater and a 1% NSR royalty on land subject to existing underlying royalties.

4. In order to acquire the additional 10% interest in the Project, Centerra shall be required to sole fund the completion of a Preliminary Economic Assessment Report reflecting a mineral resource of not less than 1,000,000 oz gold equivalent.

Centerra has committed to fund a minimum of US$2.5 million in exploration expenditures within the first three years of the agreement. The current program is expected to represent approximately US$1.7 million of this minimum commitment. The agreement provides a pathway for up to US$25 million in partner-funded exploration expenditures while preserving meaningful long-term exposure for Headwater.

About the Crane Creek Project:

The Crane Creek Project is located in western Idaho, approximately 18 km northeast of the town of Weiser and 90 km northwest of Boise, with a paved county road less than 1 km from the southern property boundary. The Project is fully permitted for drilling under a Notice of Intent with the Bureau of Land Management (“BLM”) and a Plan of Operation with the Idaho Department of Lands. Crane Creek comprises approximately 1,240 hectares, consisting of 123 unpatented federal mining claims on BLM land, a 640-acre State of Idaho minerals lease and a private lease.

The Project encompasses an array of mineralized epithermal quartz veins within a broad gold and trace element geochemical anomaly and features characteristics of a well-preserved low-sulfidation epithermal system, including historical mercury workings, widespread opaline silica and chalcedonic quartz veins. This alteration cell is located approximately 8 km northwest along trend of the Nutmeg Mountain gold project (Figure 1; 1,006,000 oz Au Indicated, 275,000 oz Au Inferred1,2) owned by NevGold Corp. Historical drilling primarily tested shallow near-surface mineralization in two main areas of outcropping gold-bearing quartz veins, leaving the potential for high-grade epithermal veins along strike and at depth largely untested.

About Headwater Gold:

Headwater Gold Inc. (CSE: HWG, OTCQX: HWAUF) is a technically driven mineral exploration company focused on exploring for and discovering high-grade precious metal deposits in the Western USA. Headwater is actively exploring one of the world’s most well-endowed, mining-friendly jurisdictions, with a goal of making world-class precious metal discoveries. The Company has a large portfolio of epithermal vein exploration projects and a technical team with diverse experience in capital markets and major mining companies. Headwater is systematically drill-testing several projects and has strategic earn-in agreements with OceanaGold Corporation on its TJ, Jake Creek, and Hot Creek projects, Newmont Corporation on its Spring Peak and Lodestar projects and Centerra on its Crane Creek project. In August 2022 and September 2024, Newmont and Centerra acquired strategic equity interests in the Company, further strengthening Headwater’s exploration capabilities.

For more information about Headwater, please visit the Company’s website at www.headwatergold.com.

Headwater is part of the NewQuest Capital Group, a discovery-driven investment enterprise that builds value through the incubation and financing of mineral projects and companies. Further information about NewQuest is available at www.nqcapitalgroup.com.

On Behalf of the Board of Directors

Caleb Stroup
President and CEO
+1 (775) 409-3197
[email protected]

For further information, please contact:

Brennan Zerb
Investor Relations Manager
+1 (778) 867-5016
[email protected]

Qualified Person:

The technical information contained in this news release has been reviewed and approved by Joshua Carron (SME Reg No. 042931540), a “Qualified Person” (“QP”) as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Carron is not independent, as he is the Company’s Vice President, Exploration.

Historical drill results and mineralized intercepts disclosed herein are historical in nature and were completed by previous operators.  A Qualified Person has not independently verified the historical drilling, sampling, quality control, collar locations, down-hole surveys or assay data underlying these results and Headwater has not completed sufficient work to validate the historical results.  Accordingly, the historical results should not be relied upon as current or verified exploration results.  The Company considers the historical information relevant for the purpose of identifying areas for follow-up exploration, but its reliability is uncertain because the original sampling methods, analytical procedures, laboratory certifications, chain of custody and quality control protocols are not known and therefore do not meet current industry standards.  Reported intervals should be treated as down-hole lengths and true widths are unknown.

References:

1The Qualified Person has been unable to verify the information on the adjacent properties. Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company's properties. Historical resource estimates, historical drill intercepts, and historical surface samples are treated by the Company as historical in nature, and not current or NI 43-101 compliant.

2Nevgold Corp. 2023 Almaden NI43-101 Technical Report (http://www.sedarplus.ca).

3Reported grades were calculated using a 0.2 g/t cut-off grade for primary intervals and a 2 g/t cut-off grade for included intervals. Intervals correspond to downhole thickness, with insufficient information available to calculate true thickness.

Forward-Looking Statements: This news release includes certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding planned drilling at the Crane Creek Project, future exploration expenditures by Centerra, future drill results, Centerra’s anticipated continued funding of the earn-in program, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the anticipated business plans and timing of future activities of the Company and Centerra, including the Company's and Centerra’s exploration plans and the proposed expenditures for exploration work on the Project, the ability of Centerra to obtain sufficient financing to fund the proposed exploration programs, the risk that Centerra will not elect to obtain any additional interest in the Project in excess of the minimum commitment, the ability of the Company to obtain the required permits, changes in laws, regulations and policies affecting mining operations, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading “Risk Factors” in the Company's filings with the Canadian Securities Authorities, copies of which can be found under the Company's profile on the SEDAR+ website at http://www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements, except as otherwise required by law.

 
2026-06-29 11:05 1mo ago
2026-06-29 06:58 1mo ago
New Found Gold Receives Conditional Approval to Graduate to the Toronto Stock Exchange
NFG National Fuel Gas Company
FMP Stock News
Original source text
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (the "TSX") and graduate from the TSX Venture Exchange (the "TSXV"). Final approval of the listing is subject to the Company fulfilling all of the requirements of the TSX, including receipt of all required documentation on or before September 14, 2026.

"Conditional approval to list on the TSX marks an important corporate milestone," stated Keith Boyle, CEO of New Found Gold. "As we move toward commercial production at our Hammerdown Gold Project and continue to advance our fully funded Phase 1 development at our flagship Queensway Gold Project, we believe this graduation will provide greater visibility, liquidity and an expanded capital markets presence, supporting our objective of building a leading Canadian gold mining company as we continue to create value for New Found Gold shareholders."

The stock symbol "NFGC" has been reserved for use by the Company upon listing on the TSX, to align with its stock symbol on the NYSE American LLC. The Company will issue a press release once the TSX confirms the date on which trading of New Found Gold's common shares under the stock symbol "NFGC" is expected to commence on the TSX.

Concurrently with the graduation to the TSX, the Company's common shares will be delisted from the TSXV. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing, as there will be no change in the CUSIP for the common shares.

About New Found Gold

New Found Gold is an emerging Canadian gold producer with assets in Newfoundland and Labrador, Canada. The Company holds a 100% interest in its fully funded flagship Queensway Gold Project and the Hammerdown Gold Project, which includes the Hammerdown deposit as well as milling and tailings facilities at Pine Cove. New Found Gold is focused on bringing the Hammerdown deposit into commercial gold production in H2/26 while advancing its flagship Queensway toward Phase I production.

The Company's portfolio is further strengthened by its district-scale land package at Queensway, covering more than 110 km of strike length across two highly prospective faults zones, and a strong shareholder base, including renowned mining investor and cornerstone shareholder, Eric Sprott.

Keith Boyle, P.Eng.
Chief Executive Officer
New Found Gold Corp.

Qualified Person

The scientific and technical information disclosed in this press release was reviewed and approved by Keith Boyle, P.Eng., CEO, and a Qualified Person as defined under NI 43-101. Mr. Boyle consents to the publication of this press release by New Found Gold. Mr. Boyle certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This press release contains certain "forward-looking statements" within the meaning of Canadian and United States securities legislation, including statements regarding the listing of the Company's common shares on the TSX and the concurrent delisting from the TSX Venture Exchange; the anticipated greater visibility, liquidity and expanded capital markets presence of the Company; the change of stock symbol on the TSX to "NFGC"; the continued work on creating value for the Company shareholders; and the Company's focus on bringing the Hammerdown deposit into commercial gold production in H2/26 and advancing Queensway toward Phase I production. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "interpreted", "intends", "estimates", "projects", "aims", "suggests", "indicate", "often", "target", "future", "likely", "pending", "potential", "encouraging", "goal", "objective", "prospective", "possibly", "preliminary", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSXV and NYSE American, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with the Company's ability to complete exploration and drilling programs as expected, possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results and the results of the metallurgical testing program, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Annual Information Form and Management's Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca and on the website of the United States Securities and Exchange Commission at www.sec.gov for a more complete discussion of such risk factors and their potential effects.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303220

Source: New Found Gold Corp.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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2026-06-29 11:03 1mo ago
2026-06-29 04:00 1mo ago
BTU Investors Have Opportunity to Lead Peabody Energy Corporation Securities Fraud Lawsuit with the Schall Law Firm
BTU Peabody Energy
FMP Stock News
Original source text
BTU Investors Have Opportunity to Lead Peabody Energy Corporation Securities Fraud Lawsuit with the Schall Law Firm PR Newswire

LOS ANGELES, June 29, 2026

, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Peabody Energy Corporation ("Peabody" or "the Company") (NYSE: BTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between October 14, 2024 and May 4, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 24, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Peabody falsely led investors to believe it could reliably predict the ramp-up and growth of its Centurion mine. The Company suffered wide-ranging issues and delays at the Centurion mine. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Peabody investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

View original content to download multimedia:https://www.prnewswire.com/news-releases/btu-investors-have-opportunity-to-lead-peabody-energy-corporation-securities-fraud-lawsuit-with-the-schall-law-firm-302812904.html

SOURCE The Schall Law Firm
2026-06-29 11:03 1mo ago
2026-06-29 04:53 1mo ago
Peabody Energy Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - BTU
BTU Peabody Energy
FMP Stock News
Original source text
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Peabody Energy Corporation ("Peabody" or "the Company") (NYSE: BTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of BTU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: October 14, 2024 to May 4, 2026

DEADLINE: August 24, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Peabody gave investors the impression it could provide accurate guidance on the growth of production at its Centurion mine. In fact, the Centurion mine suffered from multiple delays. Based on these facts, Peabody's public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

SOURCE DJS Law Group LLP
2026-06-29 11:03 1mo ago
2026-06-29 06:07 1mo ago
Investor Announcement: Peabody Investors are Notified to Contact BFA Law about the Pending Securities Fraud Class Action to Recover Stock Losses
BTU Peabody Energy
FMP Stock News
Original source text
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Peabody Energy Corporation (NYSE:BTU) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

If you invested in Peabody, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/peabody-class-action-lawsuit.

Key Details of the Peabody ($BTU) Class Action:

Lead Plaintiff Deadline: August 24, 2026Alleged Misconduct: Securities fraud relating to Peabody’s statements about the coal production at Centurion, its flagship premium hard coking coal mine.Largest Alleged Stock Drop: March 30, 2026 – 9.7% stock dropCourt: U.S. District Court for the Eastern District of MissouriAction: Contact BFA Law to discuss your rights Investors have until August 24, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Peabody common stock. The class action is pending in the U.S. District Court for the Eastern District of Missouri. It is captioned McGeachy v. Peabody, et al., No. 26-cv-01020.

Why is Peabody Being Sued for Securities Fraud?

Peabody is a producer of metallurgic and thermal coal that owns interests in 16 active coal mining operations in the United States and Australia.

According to the complaint, during the relevant period, Peabody announced it would be increasing production from its flagship premium hard coking coal mine, Centurion due to an acceleration of longwall operations. Peabody stated that shipments of Centurion’s premium hard coking coal would expand sevenfold in 2026 to 3.5 million tons and even more beyond that time. On February 5, 2026, Peabody indicated that the team was “putting the finishing touches on the Centurion mine in advance of starting longwall mining, well ahead of its original schedule.”

As alleged, in truth, the Centurion mine was facing significant commissioning challenges resulting in increased costs and volume decreases in its production.

Why did Peabody’s Stock Drop?

On March 30, 2026, Peabody announced lower sales volume from the Centurion mine due to a delivery of only 250,000 tons in the first quarter. Peabody attributed the low volume to “greater than anticipated mine commissioning challenges.”

This news caused the price of Peabody common stock to drop $3.82 per share, or 9.7%, from $39.50 per share on March 27, 2026, to $35.68 per share on March 30, 2026.

Then, on May 5, 2026, Peabody announced additional delays to the commissioning of the Centurion mine as well as increased costs and lower volume. Peabody stated it only expected to sell about 300,000 tons in the second quarter and reduced its full year sales outlook for Centurion from 3.5 million tons to 2.5 million tons.

This news caused the price of Peabody common stock to drop $1.52 per share, or 5.7%, from $26.52 per share on May 4, 2026, to $25.00 per share on May 5, 2025.

Click here for more information: https://www.bfalaw.com/cases/peabody-class-action-lawsuit.

What Can You Do?

If you invested in Peabody, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/peabody-class-action-lawsuit

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/peabody-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.
2026-06-29 11:03 1mo ago
2026-06-29 06:50 1mo ago
BTU INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Peabody Energy Corporation (BTU) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
BTU Peabody Energy
FMP Stock News
Original source text
SAN DIEGO, June 29, 2026 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Peabody Energy Corporation (NYSE: BTU) common stock between October 14, 2024 and May 4, 2026, inclusive (the “Class Period”), have until August 24, 2026 to seek appointment as lead plaintiff of the Peabody Energy class action lawsuit. Captioned McGeachy v. Peabody Energy Corporation, No. 26-cv-01020 (E.D. Mo.), the Peabody Energy class action lawsuit charges Peabody Energy and certain of Peabody Energy’s top current and former executive officers with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Peabody Energy class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-peabody-energy-corporation-class-action-lawsuit-btu.html

You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Peabody Energy engages in the production of metallurgical and thermal coal.

The Peabody Energy class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants created the false impression that they possessed reliable information pertaining to Peabody Energy’s Centurion mine ramp-up and anticipated growth; and (ii) there was a multitude of issues causing delays to the Centurion mine ramp-up and the return to full longwall production dates.

On March 30, 2026, Peabody Energy issued a press release allegedly lowering guidance pertaining to Centurion mine’s expected first quarter 2026 output by 450,000 tons ahead of Peabody Energy’s full earnings release. On this news, the price of Peabody Energy stock fell nearly 10%, according to the complaint.

Then, on May 5, 2026, Peabody Energy issued a press release allegedly disclosing Peabody Energy’s failure to ramp-up Centurion by the long-awaited March 2026 deadline and that Peabody Energy was cutting guidance related to full year met segment volumes to reflect the increased cost and substantial volume decrease. On this news, the price of Peabody Energy stock fell nearly 6%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Peabody Energy common stock during the Class Period to seek appointment as lead plaintiff in the Peabody Energy class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Peabody Energy class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Peabody Energy class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Peabody Energy class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 
Services may be performed by attorneys in any of our offices. 

Contact:
            Robbins Geller Rudman & Dowd LLP
            Ken Dolitsky
            Michael Albert
            655 W. Broadway, Suite 1900, San Diego, CA 92101
            800/851-7783
            [email protected]
2026-06-29 11:02 1mo ago
2026-06-29 06:00 1mo ago
CLEAR to Strengthen Caller Verification in Contact Centers with AWS
YOU Clear Secure
FMP Stock News
Original source text
CLEAR1 helps organizations verify callers before they reach a live agent, reducing fraud and streamlining support operations

, /PRNewswire/ -- CLEAR® (NYSE: YOU), the secure identity company, today announced an integration with Amazon Web Services (AWS) to bring CLEAR1, CLEAR's secure identity platform, to contact centers powered by Amazon Connect. The integration allows organizations to verify a caller's identity before or during a support interaction, designed to help reduce fraud and streamline contact center operations.

Contact centers are a critical touchpoint for customer support, but they can also be vulnerable to fraud, impersonation, and high-friction verification processes. With CLEAR1 and Amazon Connect, organizations can add identity verification earlier in the support journey before customers speak with an agent, helping teams handle sensitive requests with greater confidence and reduce time spent on manual verification steps.

"We're proud to partner with Amazon Web Services to bring our secure identity platform to contact centers at scale," said Brett Romanoff, EVP, CLEAR1. "By integrating CLEAR1 into Amazon Connect, organizations can strengthen protection against fraud while creating a more seamless experience for both agents and customers."

When a customer calls a support center powered by Amazon Connect, they can choose to verify their identity through CLEAR. If they opt in, they receive a secure SMS link to complete verification on their phone. Once verified, the call is routed to an agent, who receives the verification result in real time, helping teams move more quickly and confidently on requests such as password resets, account updates, and other high-risk actions.

"Customers expect fast, easy support the moment they call in," said Amy Belcher, Director, Global ISV Partners, AWS. "With CLEAR1 and Amazon Connect, organizations can verify callers in seconds, eliminate repetitive security questions, and let agents focus on what matters most: solving customer problems."

About CLEAR
The mission of CLEAR, the secure identity company, is to strengthen security and create frictionless experiences. With over 41 million Members and a growing network of partners across the world, CLEAR's secure identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you—making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we do not sell biometric or sensitive personal data. For more information, visit clearme.com.

Forward-Looking Statements
This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This includes, without limitation, statements regarding the expected benefits, performance, capabilities, availability, and market adoption of CLEAR1 and its integration with Amazon Connect, including the ability to enhance identity verification, reduce fraud, streamline contact center operations, and improve customer and agent experiences. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including customer adoption of the Company's products and services, the successful implementation and performance of the integration, changes in market conditions, and those described in the Company's filings within the Securities and Exchange Commission, including the sections titled "Risk Factors" in our Annual Report on Form 10- K. The Company disclaims any obligation to update any forward-looking statements contained herein.

CLEAR
[email protected]

SOURCE CLEAR
2026-06-29 10:59 1mo ago
2026-06-29 06:00 1mo ago
Comcast Announces Plans to Separate Media and Technology Businesses Into Two Leading Public Companies
CCZ Comcast
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PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation (Nasdaq: CMCSA) today announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal, creating two focused industry leaders, each with significant scale, strong financial profiles and distinct strategic opportunities. The proposed separation reflects Comcast's track re.
2026-06-29 10:59 1mo ago
2026-06-29 06:07 1mo ago
Comcast announces it will spin off media and tech wings into separate public companies
CCZ Comcast
FMP Stock News
Original source text
Comcast said Monday it plans to separate its media and technology businesses into two publicly traded companies as it looks to better compete in a media landscape increasingly characterized by ‌pressure from streaming rivals and consolidation.

The separation, which will happen via a tax-free spin-off of NBCUniversal and Sky, is expected to be completed in about one year, and Comcast shareholders will own shares in both Comcast and NBCUniversal, the company said in a statement.

Comcast shares jumped as much as 26% in premarket trading.

Comcast co-CEO Mike Cavanagh will become CEO of NBCUniversal, while Comcast's former Chief Financial Officer Michael Angelakis will become CEO of Comcast.

Comcast's other co-CEO and chair, Brian L. Roberts, will continue to be actively involved in the leadership of both Comcast and NBCUniversal.

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"The transaction we are announcing will unlock a more entrepreneurial management approach and open up a multitude of new opportunities for each business," Roberts said.

"Comcast will continue to build on its leadership in connectivity, while NBCUniversal, together with Sky, will have the scale, brands, content and financial resources to compete as a premier global media and entertainment company," Cavanagh said.

Comcast said it expects to retain a stake of up to 19.9% ownership position in NBCUniversal for up to one year after the transaction is completed, which it intends to tax-efficiently monetize over time.

It comes as Comcast's share price has plummeted 30% over the past 12 months amid significant challenges facing the media industry that are driven by the shift away from the TV bundle and toward streaming.

Comcast shares over the past year.

Earlier this year, it completed the spin-off of its portfolio of cable TV networks and digital assets, which includes CNBC and MS Now, to the separate public company Versant Media.

The media sector has seen a wave of consolidation recently, as legacy players strive for scale, with few companies going public amid the challenging environment.

Paramount Skydance completed its merger last year, and earlier this month, it won DOJ approval for a $110 billion deal for Warner Bros. Discovery. Meanwhile, Fox entered an agreement to acquire Roku for $22 billion earlier this month.

— CNBC's Lillian Rizzo contributed to this report

Disclosure: Versant is the parent company of CNBC.
2026-06-29 10:59 1mo ago
2026-06-29 06:09 1mo ago
Comcast to Split Media and Tech Businesses Into Two Separate Companies
CCZ Comcast
FMP Stock News
Original source text
Company announced plans to separate into two separate companies through a tax-free spin-off of NBCUniversal and Sky.
2026-06-29 10:59 1mo ago
2026-06-29 06:11 1mo ago
Comcast Stock Soars on Plan to Spin Off NBCUniversal and Sky
CCZ Comcast
FMP Stock News
Original source text
Comcast said Monday that it plans to split into two companies by spinning off NBCUniversal and Sky.
2026-06-29 10:59 1mo ago
2026-06-29 06:11 1mo ago
Comcast to split its cable business from media through NBCUniversal and Sky spinoff
CCZ Comcast
FMP Stock News
Original source text
Item 1 of 2 A view shows a signage of Comcast and NBC Universal in the lobby of the corporate headquarters of Comcast, which announced plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, in Philadelphia, Pennsylvania, U.S. November 20, 2024. REUTERS/Bastiaan Slabbers

[1/2]A view shows a signage of Comcast and NBC Universal in the lobby of the corporate headquarters of Comcast, which announced plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, in Philadelphia, Pennsylvania, U.S. November 20, 2024. REUTERS/Bastiaan... Purchase Licensing Rights, opens new tab Read more

June 29 (Reuters) - Comcast (CMCSA.O), opens new tab will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating ​broadband arm from a media and entertainment business under ‌pressure from streaming rivals and industry consolidation.

Shares of the company rose more than 20% in premarket trading on Monday.

The Reuters Inside Track newsletter is your essential guide during the World Cup. Sign up here.

The latest U.S. media industry shake-up follows ​years of cord-cutting as legacy players chase scale to ​better compete with Netflix while Paramount Skydance's $110 billion deal for ⁠Warner Bros Discovery is set to boost competition.

Comcast, which leans ​on cable for much of its cash flow, is also losing ​broadband customers to fixed wireless offerings from T-Mobile and Verizon and to fiber rivals building out networks.

"The transaction we are announcing will unlock a more ​entrepreneurial management approach and open up a multitude of new opportunities ​for each business," Brian Roberts, chairman and co-CEO of Comcast, said.

The split, expected ‌to ⁠be completed in about a year, will create one company anchored by Comcast's cable, wireless and business services arm and another built around Universal theme parks, film and TV studios, NBC, Peacock ​and the European ​media business Sky.

Mike ⁠Cavanagh, Comcast's co-CEO, will run the new NBCUniversal. Michael Angelakis, former chief financial officer, will return ​to lead Comcast as CEO, after initially joining as ​a ⁠strategic adviser ahead of the separation.

Comcast shareholders will own stock in both companies after the deal closes.

The company will keep a stake of ⁠as ​much as 19.9% in NBCUniversal for up ​to a year following the spinoff, which it plans to monetize over time.

Reporting by ​Anhata Rooprai in Bengaluru; Editing by Pooja Desai and Sriraj Kalluvila

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-06-29 10:59 1mo ago
2026-06-29 06:25 1mo ago
Comcast, Alphabet, Palantir, SpaceX, Microsoft, and More Stocks That Explain Today's Market
CCZ Comcast
FMP Stock News
Original source text
Technology stocks rise as the Nasdaq Composite looks set to snap a five-day losing streak.
2026-06-29 10:59 1mo ago
2026-06-29 06:26 1mo ago
Comcast to spin off NBCUniversal after 15 years of ownership
CCZ Comcast
FMP Stock News
Original source text
HomeIndustriesJune 29, 2026, 6:26 a.m. ET

Comcast said it is going to spin off NBCUniversal. Photo: Justin Sullivan/Getty ImagesComcast on Monday said it would spin off NBCUniversal into a separate company, breaking off the media business it acquired 15 years ago.

Comcast CMCSA said NBCUniversal will include its growing theme parks division, Universal film and television studios, NBC and Telemundo networks, Peacock, and Bravo. In addition, NBCUniversal’s global portfolio will include Sky, the European media business. 

About the Author

Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.

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2026-06-29 10:59 1mo ago
2026-06-29 06:27 1mo ago
Comcast stock surges after it says it's spinning off its media businesses
CCZ Comcast
FMP Stock News
Original source text
Breaking

By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Gary Hershorn/Getty Images Comcast's stock is surging after it said it's spinning off its media businesses.

Shares jumped more than 25% in premarket trading on Monday after the company said it plans to separate its media and tech businesses into two publicly traded companies.

This will be done through a tax-free spin-off of NBCUniversal and Sky, it added.

The move is intended to give each company greater strategic focus. The company said the separation will allow both businesses to invest more effectively and pursue their own growth opportunities.

"This is a very exciting day for our company. The transaction we are announcing will unlock a more entrepreneurial management approach and open up a multitude of new opportunities for each business," Comcast co-CEO Brian Roberts said.

Earlier this year, Comcast also officially completed the spin-off of the majority of its cable networks, including CNBC and MSNBC, into a separate company called Versant Media.

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Mary Hanbury You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Mary is an editor on the business news team, where she works with reporters and editors to cover sectors including technology, finance, transportation, retail, careers, and real estate.Previously, Mary was a senior retail reporter based in New York and London, covering apparel, luxury, fitness, big-box, and grocery companies. She has reported on major brands including Victoria’s Secret, Lululemon, LVMH, Costco, Dollar General, and Peloton, providing in-depth analysis of trends shaping the industry.Mary earned a master’s degree in Business Journalism from CUNY Craig Newmark Graduate School of Journalism. She has appeared on several TV and radio outlets, including BBC Business, Cheddar, and Good Morning America, and has taken part in industry panels and conferences about trends shaping the retail world.You can email her at [email protected], or follow her on Twitter or LinkedIn. 

Comcast
2026-06-29 10:59 1mo ago
2026-06-29 06:41 1mo ago
Comcast Announces Plan To Split Tech And Media Businesses With NBCUniversal Spinoff
CCZ Comcast
FMP Stock News
Original source text
ToplineComcast on Monday announced plans to split its media and technology arms through a tax-free spinoff of NBC Universal and Sky into a separate company, in a move that caused the company’s shares to soar in premarket trading.

Comcast announced plans to split its tech and media business by spinning off NBC Universal.

Getty Images

Key FactsIn an official announcement, the company said its tech business and media business will operate as two “independent publicly traded companies” after the spinoff.

The company said Comcast’s shareholders will own shares in both companies and the split is expected to be completed within the next year.

The statement said the split was an effort to create “two focused industry leaders” and a response to “rapidly changing markets.”

The spun-off NBCUniversal arm will include Universal film and television studios, the company’s theme park business, NBC, Telemundo, streamer Peacock and other media properties, including Europe’s Sky.

How Have Markets Reacted?In premarket trading early on Monday, Comcast’s shares soared to $29.23, up more than 26% from Friday’s close.

Will comast hold any stake in the spunoff NBC Universal?In the announcement, Comcast said it expects to retain “up to 19.9% ownership” stake in NBCUniversal for a up to a year after the spinoff’. The spunoff media company will have the same dual-class share structure and Comcast plans to “monetize ” its post-spinoff holding in a “tax-efficient manner over time.”

tangentThe decision to spin off NBCUniversal into a separate business comes just half a year after Comcast spun off its cable networks, under a new company called Versant Media. The Versant spin-off plan was first announced in late 2024 and officially approved by the company’s board last year. Versant, which began operating at the start of this year, now owns and operates cable networks including CNBC, USA Network, MSNOW (formerly MSNBC), Syfy and others.
2026-06-29 10:52 1mo ago
2026-06-29 06:00 1mo ago
Natera and Aveta Biomics Announce Strategic Partnership Supporting Global Phase 3 Registrational Trial of APG-157 in Head and Neck Cancer
NTRA Natera
FMP Stock News
Original source text
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Signatera™ will be used to evaluate molecular response to APG-157 in the neoadjuvant, induction, and adjuvant settings

AUSTIN, Texas & BEDFORD, Mass.--(BUSINESS WIRE)--Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA and precision medicine, and Aveta Biomics, Inc., a clinical-stage immuno-oncology company advancing first-in-class oral immunotherapies for solid tumors, today announced a strategic partnership supporting AVTA 30-01, Aveta’s global Phase 3 registrational clinical trial evaluating APG-157 in patients with locally advanced head and neck squamous cell carcinoma (LA-HNSCC) (NCT07667296).

APG-157 is Aveta's first-in-class oral immunotherapy intended to expand the benefits of immunotherapy to both immune-cold and immune-hot tumors in patients with LA-HNSCC. APG-157 has received FDA Fast Track and Orphan Drug Designations for this indication.

AVTA 30-01 builds upon previously reported Phase 2 clinical data of APG-157 monotherapy in demonstrating favorable safety, evidence of tumor-control, deep molecular responses, and encouraging event-free survival outcomes. The trial will incorporate serial Signatera testing to assess molecular residual disease (MRD) and treatment response throughout therapy and follow-up. Circulating tumor DNA (ctDNA) has emerged as one of the most promising approaches for detecting MRD and identifying recurrence earlier than conventional imaging alone.

Approximately 826 patients are expected to be enrolled across North America, Europe, Asia-Pacific, and Australia. The study includes separate randomized cohorts for resectable and unresectable locally advanced disease, each with treatment and control arms, and Signatera will be a secondary endpoint. The trial is expected to begin enrollment in 2H’26.

Global annual incidence of head and neck cancer is approximately 950,000,1 and disease recurrence remains a major cause of mortality despite advances in surgery, radiation therapy, and immunotherapy.

“Patients with locally advanced head and neck cancer continue to face substantial risks of recurrence despite aggressive treatment,” said Parag Mehta, Ph.D., founder and chief executive officer of Aveta Biomics. “We believe APG-157 has the potential to transform treatment by activating anti-tumor immunity in both immune-cold and immune-hot tumors. Incorporating serial Signatera testing into AVTA 30-01 will allow us to further validate the ctDNA findings observed in Phase 2 while generating molecular response data that will advance the understanding of treatment benefits for patients and strengthen the regulatory submission.”

This study adds to the evidence Natera continues to generate in head and neck cancer. The company recently announced a successful readout of the prospective Phase 2 SINERGY trial, supporting Signatera MRD-guided treatment in this histology.

“Growing evidence continues to demonstrate the value of Signatera MRD detection in head and neck cancer,” said Eric Matthews, general manager, biopharma, Natera. “We’re pleased to partner with Aveta on AVTA 30-01 to demonstrate how Signatera has the potential to advance the field and improve care for patients.”

References

Sun H, et al. Global burden of head and neck cancer: Epidemiological transitions, inequities, and projections to 2050. Front Oncol. 2025 Sep 25;15:1665019.About Natera

Natera™ is a global leader in cell-free DNA and precision medicine, dedicated to oncology, women’s health, and organ health. We aim to make personalized genetic testing and diagnostics part of the standard-of-care to protect health and inform earlier, more targeted interventions that help lead to longer, healthier lives. Natera’s tests are supported by more than 400 peer-reviewed publications that demonstrate excellent performance. Natera operates ISO 13485-certified and CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendments (CLIA) in Austin, Texas, and San Carlos, California, and through Foresight Diagnostics, its subsidiary, operates an ISO 27001-certified and CAP-accredited laboratory certified under CLIA in Boulder, Colorado. For more information, visit www.natera.com.

About Aveta Biomics

Aveta Biomics is a clinical-stage immuno-oncology company advancing first-in-class oral therapies designed to reprogram the tumor microenvironment and expand the benefits of immunotherapy to patients with immune-cold cancers. The company’s lead candidate, APG-157, has received FDA Fast Track and Orphan Drug Designations for head and neck squamous cell carcinoma and is in a global phase 3 registrational trial. APG-157 is also being evaluated across additional oncology indications including high-grade adult glioma and oral dysplasia. For more information, visit www.avetabiomics.com.

Forward-Looking Statements (for Natera)

All statements other than statements of historical facts contained in this press release are forward-looking statements and are not a representation that Natera’s plans, estimates, or expectations will be achieved. These forward-looking statements represent Natera’s expectations as of the date of this press release, and Natera disclaims any obligation to update the forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including with respect to our or our partners’ efforts to develop and commercialize new product offerings, whether the results of clinical or other studies will support the use of our product offerings, the impact of results of such studies, our expectations of the reliability, accuracy, and performance of our tests, or of the benefits of our tests and product offerings to patients, providers, and payers. Additional risks and uncertainties are discussed in greater detail in "Risk Factors" in Natera’s recent filings on Forms 10-K and 10-Q, and in other filings Natera makes with the SEC from time to time. These documents are available at www.natera.com/investors and www.sec.gov.

Forward-Looking Statements (for Aveta)

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, including those regarding the impact of the Fast Track Designation, the progress of our clinical trials, potential regulatory approvals, the development and commercial success of our drug candidates, and our strategic goals, reflect our current expectations and involve risks and uncertainties. Actual results may differ materially due to factors such as our ability to advance drug candidates through development and regulatory approval, clinical trial outcomes, competition, and economic conditions. Words like “may,” “will,” “could,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. We caution you not to place undue reliance on these statements, which speak only as of the date they are made. As a private company, Aveta Biomics is under no obligation to publicly update or revise any forward-looking statements to reflect new information or future events, except as required by applicable law.

More News From Natera, Inc.

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2026-06-29 10:51 1mo ago
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AVAV Investors Have Opportunity to Lead AeroVironment, Inc. Securities Fraud Lawsuit with the Schall Law Firm
AVAV AeroVironment
FMP Stock News
Original source text
AVAV Investors Have Opportunity to Lead AeroVironment, Inc. Securities Fraud Lawsuit with the Schall Law Firm PR Newswire

LOS ANGELES, June 29, 2026

, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AeroVironment, Inc. ("AeroVironment" or "the Company") (NASDAQ: AVAV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before July 27, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. AeroVironment downplayed the threat of competition related to its work with the U.S. Space Force's Satellite Communication Augmentation Resource ("SCAR") program. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about AeroVironment, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

View original content to download multimedia:https://www.prnewswire.com/news-releases/avav-investors-have-opportunity-to-lead-aerovironment-inc-securities-fraud-lawsuit-with-the-schall-law-firm-302812894.html

SOURCE The Schall Law Firm
2026-06-29 10:51 1mo ago
2026-06-29 04:34 1mo ago
AeroVironment, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - AVAV
AVAV AeroVironment
FMP Stock News
Original source text
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against AeroVironment, Inc. ("AeroVironment" or "the Company") (NASDAQ: AVAV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of AVAV during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: June 25, 2025 to March 10, 2026

DEADLINE: July 27, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. AeroVironment misled investors over the level of competition it faced for contracts with the U.S. Space Force's Satellite Communication Augmentation Resource ("SCAR") program. Based on these facts, AeroVironment's public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

SOURCE DJS Law Group LLP
2026-06-29 10:51 1mo ago
2026-06-29 06:07 1mo ago
Investor Announcement: AeroVironment Investors are Notified to Contact BFA Law about the Pending Securities Fraud Class Action to Recover Stock Losses
AVAV AeroVironment
FMP Stock News
Original source text
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. (NASDAQ:AVAV) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

If you invested in AeroVironment, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.

Key Details of the AeroVironment ($AVAV) Class Action:

Lead Plaintiff Deadline: July 27, 2026Alleged Misconduct: Securities fraud relating to AeroVironment’s contract to provide the U.S. Space Force’s SCAR program with its BADGER phased array antenna systemsLargest Alleged Stock Drop: March 2, 2026 – 17% Stock DropCourt: U.S. District Court for the Eastern District of VirginiaAction: Contact BFA Law to discuss your rights Investors have until July 27, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in AeroVironment securities. The class action is pending in the U.S. District Court for the Eastern District of Virginia. It is captioned Norrell v. AeroVironment, et al., No. 26-cv-01429.

Why is AeroVironment Being Sued for Securities Fraud?

In May 2025, AeroVironment acquired BlueHalo, LLC, a defense technology firm specializing in advanced engineering. Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver its BADGER phased array antenna systems to support the U.S. Space Force’s SCAR program.

According to the complaint, during the relevant period, AeroVironment consistently touted its SCAR contract and indicated it represented a “tremendous growth opportunity,” that AeroVironment’s work pursuant to the contract was “very much on track,” that the customer was “asking for more [BADGER systems],” and that the Company stood “ready to build more.”

As alleged, in truth, AeroVironment faced a significant likelihood of competition for the SCAR program and overstated its goodwill from its BlueHalo acquisition.

BFA Law is also investigating AeroVironment’s June 22, 2026, announcement that the financial statements in its quarterly report for the three and nine months ended January 31, 2026 “require restatement and should no longer be relied upon.”

Why did AeroVironment’s Stock Drop?

On January 20, 2026, AeroVironment announced that the U.S. government issued a stop work order on the Company’s agreement to deliver BADGER systems to the SCAR program, upon mutual agreement with the Company. This news caused the price of AeroVironment common stock to decline $61.97 per share, or 15.77%, from $392.86 per share on January 16, 2026, to $330.89 per share on January 20, 2026.

On March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program to suppliers other than AeroVironment and “are going to move into a new acquisition strategy for SCAR” which would “likely take the form of other companies building versions or variants of SCAR.” On this news, AeroVironment’s common stock dropped $43.93 per share, or 17.42%, from $284.24 per share at open on March 2, 2026, to a close of $208.32 per share.

Then, on March 10, 2026, AeroVironment announced its Q3 financial results reporting an operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. The company also announced the impact of a $151.3 million goodwill impairment in the AeroVironment’s space division after the stop work order tied to the Space Force’s SCAR program. This news caused the price of AeroVironment common stock to drop $13.84 per share, or 6.24%, from $221.57 per share on March 10, 2026, to $207.73 per share on March 11, 2026.

Click here for more information: https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit.
What Can You Do?

If you invested in AeroVironment, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

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https://www.bfalaw.com/cases/aerovironment-class-action-lawsuit

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2026-06-29 10:51 1mo ago
2026-06-29 06:21 1mo ago
AeroVironment CEO on the future of drones and defense
AVAV AeroVironment
FMP Stock News
Original source text
CNBC's Morgan Brennan sits down with AeroVironment CEO Wahid Nawabi to discuss the expanding role of drones in defense and opportunities in the civilian market.
2026-06-29 10:47 1mo ago
2026-06-29 04:00 1mo ago
GPK Investors Have Opportunity to Lead Graphic Packaging Holding Company Securities Fraud Lawsuit with the Schall Law Firm
GPK Graphic Packaging Holding Company
FMP Stock News
Original source text
GPK Investors Have Opportunity to Lead Graphic Packaging Holding Company Securities Fraud Lawsuit with the Schall Law Firm PR N
2026-06-29 10:47 1mo ago
2026-06-29 04:23 1mo ago
Graphic Packaging Holding Company Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - GPK
GPK Graphic Packaging Holding Company
FMP Stock News
Original source text
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Graphic Packaging Holding Company ("Graphic Packaging" or "the Company") (NYSE: GPK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of GPK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: February 4, 2025 to February 2, 2026

DEADLINE: July 6, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Graphic Packaging downplayed the severity of reduced demand, higher costs, and inventory management struggles. Based on these facts, Graphic Packaging's public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

SOURCE DJS Law Group LLP
2026-06-29 10:47 1mo ago
2026-06-29 06:00 1mo ago
Trump bought as much as $5 million in Axon stock before ICE sought $220 million Taser deal
AXON Axon Enterprise
FMP Stock News
Original source text
President Donald Trump bought as much as $5 million in shares of Axon Enterprise — maker of Tasers, body cameras and policing software — two weeks before Immigration and Customs Enforcement sought a five-year, $220 million contract that experts told CNBC appeared tailored to the company's weapons.

On Feb. 10, Trump purchased between $1 million and $5 million worth of Axon stock, according to federal disclosures he filed in May. On Feb. 24, ICE posted a notice seeking roughly 17,800 new Tasers, along with unlimited cartridges and training.

The White House has said Trump's assets are held in a trust managed by his children and that Trump's investments are managed by independent third-party firms, not Trump or his family.

"There are no conflicts of interest," spokesperson Anna Kelly told CNBC, calling the scrutiny a "tired narrative" pushed by Democrats.

Trump's disclosures with the U.S. Office of Government Ethics, made public May 14, show more than 3,700 transactions, with the total amount for each listed as a range rather than an exact figure.

Under federal law, presidents are exempt from the criminal conflict-of-interest statute that applies to most executive branch officials.

The ICE notice does not name Axon, which makes about 90% of U.S. Tasers according to investment firm Brown Advisory, but it calls for "conductive-energy weapons" with specifications and capabilities that procurement reviewers and three policing experts told CNBC appeared to match only Axon products. The company already supplies the federal government with Tasers.

If finalized, the purchase would more than quadruple ICE's current Taser arsenal, replacing about 4,300 devices in the field, according to the February notice.

The notice refers to an upgrade to the "T10," Axon's "TASER 10" model, to replace ICE's older "X26P/X2 Tasers," which are also Axon-made. It also specifies features associated with "TASER 10," including a 45-foot range and 10 individually targeted probes — all specifications and capabilities that procurement experts say effectively foreclose other bidders.

There's no evidence Trump was involved in or had knowledge of the procurement process, that contracting officials knew of his stock purchase or that Axon knew that Trump was a shareholder. Trump bought the stock on Feb. 10, but the purchase did not become public until his financial disclosure was released in May. There is no indication Axon had access to non-public information about the president's personal investments.

The ICE notice was part of the standard federal procurement process. Federal procurement records show no contract has been awarded yet, and because the notice was a "Request For Information" rather than a formal solicitation, there is no public record showing which vendors, if any, responded.

Axon did not respond to requests for comment on whether it discussed the potential Taser purchase with ICE, DHS or White House officials before ICE posted the Feb. 24 notice.

The timing of the notice raises questions for ethics and three policing experts in part because of its proximity to Trump's stock purchase.

The president was also carrying out his pledge to enact mass deportations. Trump's Feb. 10 purchase occurred weeks after federal agents in Minneapolis shot and killed two U.S. citizens who were protesting an immigration crackdown in the city. Civil rights advocates have decried the killings of protesters as an overreach of law enforcement.

"What happened [in Minneapolis] showed how ICE agents have a hard job," said Deborah Fleischaker, a former acting chief of staff at ICE during the Biden administration. "The agency has a responsibility to make sure they have appropriate modern tools and training, but it's vital that new purchases are made for the right reasons."

Fleischaker, now a senior advisor for immigration policy and strategy at UnidosUS, said the timing "raises red flags," while cautioning it is impossible to assess from the public record whether anything improper occurred. UnidosUS is a nonprofit, nonpartisan Hispanic civil rights advocacy group.

"It is not smart to buy stock in a company that was impacted by the decisions you would be making at the agency," Fleischaker said. "I would have stayed far, far away from actual impropriety, or the appearance of impropriety."

Read more on Trump investmentsCompany that bet big on Trump-backed crypto says its fortunes have improvedTrump family got about $500M from crypto venture — but investors saw steep lossesTrump Jr. calls banking a 'Ponzi scheme' that forced family to create crypto businessThe Trump family crypto empire looks to Asia: Eric Trump talks Bitcoin in Hong KongTrump family says U.S. dollar needs an upgrade and they are the ones to do itEthics experts said the concern is not proof of wrongdoing, but the appearance of a conflict.

"The concern is that [Trump] bought into a company whose business could grow if his own administration expands immigration enforcement," Jordan Libowitz, vice president of communications at Citizens for Responsibility and Ethics in Washington, told CNBC. CREW is a liberal-leaning, nonpartisan watchdog group on government ethics.

Axon shares rose more than 22% in the month after Trump's purchase, before paring those gains. As of the June 26 close, the stock was up about 7% from his purchase date. If Trump bought near the top amount of the disclosed range, the potential paper gain could be worth roughly $350,000 as of market close on June 26. In the week following ICE's notice for seeking a contract, the company's stock rose more than 34%.

ICE and its parent agency, the Department of Homeland Security, did not respond to requests for comment. CNBC asked the agencies whether the purchase has been awarded, why ICE is seeking such a large expansion, how many vendors expressed interest, whether any company besides Axon could meet the requirements and whether the deal requires DHS secretary-level approval.

A person familiar with the procurement, who spoke on condition of anonymity due to fear of retaliation for discussing the pending ICE notice, said awarding the Taser contract appears to be stalled by its price tag and a shakeup in DHS leadership.

The person said ICE posted the contract notice about a week before then-Homeland Security Secretary Kristi Noem was fired and before she had signed off on it. Under Noem, DHS rules required expenditures over $100,000 to be personally approved by the secretary's office. Homeland Security Secretary Markwayne Mullin canceled the rule in April.

It's unclear what the timeline for awarding the contract is, but the person familiar with the procurement said DHS is expected to continue pursuing a deal.

Axon's growing federal footprintFor Axon, the financial upside may not stop at Tasers.

The roughly $35 billion company's biggest growth engine is the policing infrastructure that can follow weapons purchases: cloud storage, evidence-management systems, body cameras, real-time operations tools and AI products. Policing experts say one-time device orders can turn into a long-term technology relationship.

"If Trump expands ICE, Axon could be selling the infrastructure behind the crackdown," said Matthew Guariglia, a senior policy analyst at the Electronic Frontier Foundation focused on policing surveillance who has written extensively about Axon. "It can sell the cameras, cloud storage, software and AI tools that come with a bigger federal enforcement machine." The nonprofit group advocates for privacy and free speech online.

Axon already has a $370 million DHS body-camera and software contract awarded in 2023, though only about $67.5 million has been obligated so far, according to HigherGov, a government market-intelligence platform that tracks federal contracts and grants.

The potential ICE Taser deal would land as Axon is already riding record demand. The company reported its two highest-revenue quarters on record: $796.7 million in the fourth quarter of 2025, up 39% from a year earlier, and $807.3 million in the first quarter of 2026, up 34%, fueled by Taser sales and fast-growing AI products.

Axon executives told investors in February that DHS contracts are a "major opportunity."

Axon has been staffing up to chase that opening. On a May 6 earnings call, Axon President Joshua Isner said the company had "rebuilt a large portion" of its federal team and hired Claudia Davidson from Palantir, where she spent more than seven years helping expand the data-mining and defense contractor's business with federal agencies.

"We're seeing renewed interest in body cameras and Tasers in federal law enforcement," Isner told investors, adding that Axon's federal business was "trending very much in the right direction" and that, "with a few things going our way, it could be a banner year in Fed."

However, civil liberties advocates warn that ICE is wading deeper into Axon's surveillance ecosystem.

Axon's software works to combine live feeds from body cameras, drones, fixed cameras and other sources. If ICE expands raids and works more closely with state and local police, advocates warn that this kind of system could give federal agents a real-time map of local operations.

"If they are able to plug into Ring cameras, livestreams, body cameras and other local feeds, then suddenly you are not just talking about officer safety or accountability," Guariglia said. "You are talking about a platform that could give federal law enforcement a real-time picture of where people are, what is happening on the ground and how to respond with local precision."

Axon announced a Ring partnership in 2025 that lets Ring users voluntarily share footage with law enforcement through Axon's evidence platform. Axon's Fusus platform separately aggregates shared community cameras, body cameras, drones and other feeds onto a real-time map.

Fleischaker said the proposed Taser use expansion via the DHS contract appears consistent with the Trump administration's broader immigration agenda.

"It indicates what we know from other places, which is that the Trump administration has and will continue to ramp up immigration enforcement beyond levels we've ever seen," Fleischaker said. "That requires lots and lots of enforcement, and they would be procuring Tasers to be a part of that effort."

Politically connectedAxon's growth strategy has also led the company to boost its spending in Washington.

Axon spent nearly $2.5 million lobbying last year, its highest annual total, according to OpenSecrets, a nonprofit organization that tracks political spending. Its targets included legislation and regulation around body cameras, counter-drone technology, digital evidence management and other law-enforcement products it is pushing into federal agencies.

And that push appears to be gaining ground. Congress has proposed a $20 million line item in DHS appropriations requiring the agency to outfit immigration enforcement agents with body cameras, partly as a result of heavy lobbying by Axon, policing experts say.

Democrats have joined the effort, too. Sens. Ruben Gallego and Mark Kelly, both Arizona Democrats, introduced legislation requiring all DHS officers to wear body cameras. The legislation has no Republican support, making it unlikely to advance in the Republican-controlled Senate.

Donors connected to Scottsdale, Arizona-based Axon donated over $20,000 to Gallego during the 2024 election cycle when he ran for the Senate, according to OpenSecrets.

Gallego and Kelly, who have publicly championed body-camera and use-of-force requirements for ICE, did not respond to requests for comment on Axon's position as a likely beneficiary of body-camera mandates.

On Capitol Hill, Democrats have called for body cameras as an accountability measure and as a political bargaining chip with Republicans. For Axon, they are also a gateway product, policing experts say, to tie federal officers to its cloud storage, evidence software and AI tools.

"Body cameras can create a durable technology relationship with law enforcement agencies because the footage has to be stored, managed, analyzed and integrated into broader evidence systems," Guariglia said.

Axon's political spending has also drawn scrutiny from shareholders.

The Nathan Cummings Foundation sued Axon in January to stop the company from excluding a shareholder proposal seeking more disclosure around its political spending.

"Since Trump came into office, Axon has spent enormous amounts of money in politics to curry favor and support contracts and laws that benefit the company," Richard Kirby, a former SEC attorney who represented the foundation in its lawsuit against Axon that settled March 9, told CNBC. "That is exactly why investors need transparency."
2026-06-29 10:46 1mo ago
2026-06-29 04:00 1mo ago
CALX Investors Have Opportunity to Lead Calix, Inc. Securities Fraud Lawsuit with the Schall Law Firm
CALX Calix
FMP Stock News
Original source text
CALX Investors Have Opportunity to Lead Calix, Inc. Securities Fraud Lawsuit with the Schall Law Firm PR Newswire
2026-06-29 10:46 1mo ago
2026-06-29 04:32 1mo ago
Calix, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - CALX
CALX Calix
FMP Stock News
Original source text
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Calix, Inc. ("Calix" or "the Company") (NYSE: CALX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of CALX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: January 28, 2026 to April 21, 2026

DEADLINE: July 27, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Calix's Q1 performance was improved by the advanced purchase of memory modules. As the Company's supply of memory fell, it suffered from significant margin pressure due to increasing memory prices on the open market. Based on these facts, Calix's public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

SOURCE DJS Law Group LLP
2026-06-29 10:44 1mo ago
2026-06-29 04:00 1mo ago
FSK Investors Have Opportunity to Lead FS KKR Capital Corp. Securities Fraud Lawsuit with the Schall Law Firm
FSK FS KKR Capital Corp
FMP Stock News
Original source text
FSK Investors Have Opportunity to Lead FS KKR Capital Corp. Securities Fraud Lawsuit with the Schall Law Firm PR Newswire
2026-06-29 10:44 1mo ago
2026-06-29 04:26 1mo ago
FS KKR Capital Corp. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - FSK
FSK FS KKR Capital Corp
FMP Stock News
Original source text
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against FS KKR Capital Corp. ("FSK" or "the Company") (NYSE: FSK) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of FSK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: May 8, 2024 to February 25, 2026

DEADLINE: July 3, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. FSK overvalued its portfolio and misled the market about its portfolio valuation process. The Company downplayed weakness in its quarterly dividend program. Based on these facts, FSK's public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

SOURCE DJS Law Group LLP