The Altis at Serenity Community Clubhouse is Set to Open Fall 2026
, /PRNewswire/ -- The Raleigh Division of Tri Pointe Homes® has officially broken ground on the future amenity site of Altis™ at Serenity in Fuquay-Varina, the division's first 55+ lifestyle brand community. The 8,000 square foot clubhouse is expected to open in the fall of 2026 and will serve as the heart of the Altis community, offering a resort-like premium community space unlike anything else in the area.
The Raleigh Division of Tri Pointe Homes® has officially broken ground on the future amenity site of Altis™ at Serenity in Fuquay-Varina.
The 8,000 square foot clubhouse is expected to open in the fall of 2026.
The future Altis at Serenity clubhouse will feature a wide range of amenities meant to elevate any lifestyle. Inside, residents can enjoy several inviting spaces including a game room with wine lockers, a pool table and shuffleboard. The fully equipped fitness center is complete with both cardio and strength training equipment, as well as a dedicated yoga room for both classes and individual use. The clubhouse's central gathering area is a multipurpose room with a full catering kitchen. To encourage the use of both indoor and outdoor spaces, the multipurpose room opens to a covered patio with a fire pit and seating area. The exquisite design of the clubhouse blends rustic elements and contemporary touches, embodying the warmth and vibrancy of the close-knit community that is Altis at Serenity.
Beyond the clubhouse, residents will have access to an array of outdoor amenities designed for relaxation, recreation and connection. Whether engaging in a friendly match on the bocce ball court, playing a round on the community's two pickleball courts, or spending time with pets at the fenced-in dog park, residents can embrace an active lifestyle at every turn. Homeowners also have access to a resort-style swimming pool complete with lap lanes and a sun shelf.
Notably, the community will have a lifestyle director on-site to help coordinate events and gatherings for Altis homeowners, as well as manage use of the clubhouse meeting spaces and fitness center. This dedicated role ensures residents have ample opportunities to stay active, social and engaged within the community.
"The Altis at Serenity clubhouse will serve as the social hub of the community," said Tri Pointe Homes Raleigh Division Vice President of Community Experience James Flanagan. "It was important for us to provide our active adult residents with a place to connect and support their vibrant lifestyles. The spaces at the Altis clubhouse will undoubtedly foster connection, belonging and shared experiences among residents."
Altis at Serenity will add 425 active adult homes to the 550-acre planned community of Serenity, which was named the "2024 Community of the Year" by the North Carolina Home Builders Association. Altis at Serenity will feature three distinct series of homes and offer nine floor plans ranging from 1,281-3,290 square feet, 2-4 bedrooms, 2-4.5 bathrooms and 2-bay garages. In addition to the future Altis clubhouse, residents will have access to the greater Serenity community's recreational offerings.
Serenity offers a sprawling, tranquil retreat from the hustle and bustle of city life, while still being conveniently located near the shopping, dining, and entertainment in Fuquay-Varina. Its location also provides quick and easy access to healthcare institutions including, Duke Health, UNC Medical Center, UNC Rex Healthcare and WakeMed for added peace of mind.
Pricing for Altis at Serenity starts in the $400ks. For more information, visit www.tripointehomes.com/raleigh/altis-at-serenity.
About Tri Pointe Homes® [Raleigh]
One of the largest homebuilders in the U.S., Tri Pointe Homes, Inc. (NYSE: TPH) is a publicly traded company operating in 12 states and the District of Columbia, and is a recognized leader in customer experience, innovative design, and environmentally responsible business practices. The company builds premium homes and communities with deep ties to the communities it serves—some for as long as a century. Tri Pointe Homes combines the financial resources, technology platforms and proven leadership of a national organization with the regional insights, longstanding community connections and agility of empowered local teams. Tri Pointe has won multiple Builder of the Year awards and was named 2024 Developer of the Year. The company is one of the 2023 and 2025 Fortune 100 Best Companies to Work For® and was designated as one of the PEOPLE Companies That Care® in 2023, 2024 and 2025. The company was also named as a Great Place To Work-Certified™ company for five years in a row (2021 through 2025) and was named on several Great Place To Work® Best Workplaces list (2022 through 2025). Tri Pointe Homes is a recognized leader in the Raleigh real estate sector. For more information, please visit TriPointeHomes.com.
SOURCE Tri Pointe Homes
2025-11-12 21:385mo ago
2025-11-12 16:305mo ago
CNO Financial Group Declares $0.17 Quarterly Dividend
, /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.17 per share on the company's common shares. The dividend will be payable December 23, 2025, to shareholders of record at the close of business on December 10, 2025.
About CNO Financial Group
CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.3 million policies and $38.3 billion in total assets. Our 3,300 associates, 4,900 exclusive agents and more than 6,500 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com.
SOURCE CNO Financial Group
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2025-11-12 21:385mo ago
2025-11-12 16:305mo ago
INSP INVESTOR ALERT: Inspire Medical Systems, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
November 12, 2025 4:30 PM EST | Source: Robbins Geller Rudman & Dowd LLP
San Diego, California--(Newsfile Corp. - November 12, 2025) - Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Inspire Medical Systems, Inc. (NYSE: INSP) common stock between August 6, 2024 and August 4, 2025, both dates inclusive (the "Class Period"), have until January 5, 2026 to seek appointment as lead plaintiff of the Inspire Medical class action lawsuit. Captioned City of Pontiac Reestablished General Employees' Retirement System v. Inspire Medical Systems, Inc., No. 25-cv-04247 (D. Minn.), the Inspire Medical class action lawsuit charges Inspire Medical and certain of Inspire Medical's top executives with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Inspire Medical class action lawsuit, please provide your information here:
You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].
CASE ALLEGATIONS: Inspire Medical develops and manufactures an implantable medical device for the treatment of obstructive sleep apnea called "Inspire." The most recent iteration of the device, Inspire V, uses an implanted sensor and neurostimulator that, according to Inspire Medical, are designed to improve respiration during sleep.
The Inspire Medical class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) the Inspire V launch was a disaster because demand for Inspire V was poor, as providers had significant amounts of surplus inventory and were reluctant to transition to a new treatment; and (ii) contrary to defendants' statements assuring investors that Inspire Medical had taken all necessary steps to ensure a successful launch and, later, that the launch was in fact proceeding successfully – Inspire Medical had failed to complete basic tasks that were essential predicates to launch.
The Inspire Medical investor class action alleges that on August 4, 2025, Inspire Medical revealed that the Inspire V launch was facing an "elongated timeframe" due to a number of previously undisclosed headwinds. "[M]any centers did not complete the training, contracting and onboarding criteria required prior to the purchase and implant of [Inspire V]," the complaint alleges. Defendants further admitted that, although Inspire V's CPT code had been approved for Medicare patients, "software updates for claims submissions and processing did not take effect until July 1," which meant that "implanting centers would not be able to bill for those procedures until July 1," the lawsuit alleges. Finally, the lawsuit claims that investors also learned for the first time that the Inspire V rollout was plagued by poor demand resulting from excess inventory. As a result, Inspire Medical reduced its 2025 earnings guidance by more than 80%, the Inspire Medical investor class action alleges. On this news, the price of Inspire Medical's common stock declined more than 32%, the complaint alleges.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Inspire Medical common stock during the Class Period to seek appointment as lead plaintiff in the Inspire Medical 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 Inspire Medical class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Inspire Medical class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Inspire Medical 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 litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. 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:
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Services may be performed by attorneys in any of our offices.
Contact:
Robbins Geller Rudman & Dowd LLP
J.C. Sanchez, Jennifer N. Caringal
655 W. Broadway, Suite 1900, San Diego, CA 92101
800-449-4900 [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274014
2025-11-12 21:385mo ago
2025-11-12 16:305mo ago
Airbnb Experiments With Instacart Grocery Deliveries to Guests
Airbnb is reportedly testing a service that lets guests order groceries from Instacart.
The house-sharing company will offer “kitchen stocking” as part of a three-month pilot program starting Jan. 5, Bloomberg News reported Wednesday (Nov. 12), citing an email sent to some Airbnb hosts.
During this period, Airbnb will pay hosts $25 for every completed order — as well as a $100 bonus for their first order — if they receive guests’ preorders and stock their kitchens before they check in.
The program is open to select hosts with available listings in Phoenix, Orlando and Los Angeles, the report added. Guests will be allowed to place an Instacart order within the Airbnb app up to three weeks before their stay, an Instacart spokesperson told Bloomberg.
The report also cited a comment from an Airbnb spokesperson that the company is “regularly testing new product updates, categories and initiatives, in order to provide the best possible experience for our community.”
As Bloomberg noted, integration with Airbnb marks the latest “embedded partnership” that Instacart has launched in recent weeks, as the company looks to boost orders and strengthen customer loyalty in the face of growing competition from DoorDash and Uber.
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For example, the company recently teamed with Grubhub, letting that platform’s customers order goods from Instacart’s network of grocery stores and pharmacies within the Grubhub app or website.
The partnership is also happening at a time when the “appetite for digital grocery shopping continues to grow,” as PYMNTS wrote earlier this week after Instacart reported earnings for the third quarter of the year.
Those results showed strong gains in orders and transaction volumes, underlining the durability of its delivery model and its changing role as a technology partner for the grocery sector.
The company’s orders rose 14% year over year to 83.4 million, while gross transaction value (GTV) increased 10% to $9.2 billion, Instacart said in a letter to shareholders. Revenue came to $939 million, slightly above Wall Street forecasts, as Instacart’s core marketplace continued to draw more frequent and bigger baskets from returning shoppers.
Instacart CEO Chris Rogers said in the letter that the company’s scale and technology investments are reinforcing its position as a “technology and enablement partner for the grocery industry,” extending beyond delivery.
Rogers told analysts during a conference call that consumer demand was still resilient, with Instacart enticing new shoppers while retaining existing customers at higher rates.
2025-11-12 21:385mo ago
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Janus Henderson: Trian Finally Makes A Move (Rating Upgrade)
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.
This writing is for informational purposes only. All opinions expressed herein are not investment recommendations, and are not meant to be relied upon in investment decisions. The author is not acting in an investment advisor capacity and is not a registered investment advisor. The author recommends investors consult a qualified investment advisor before making any trade. This article is not an investment research report, but an opinion written at a point in time. The author's opinions expressed herein address only a small cross-section of data related to an investment in securities mentioned. Any analysis presented is based on incomplete information, and is limited in scope and accuracy. The information and data in this article are obtained from sources believed to be reliable, but their accuracy and completeness are not guaranteed. Any and all opinions, estimates, and conclusions are based on the author's best judgment at the time of publication, and are subject to change without notice. Past performance is no guarantee of future returns.
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2025-11-12 21:385mo ago
2025-11-12 16:315mo ago
374Water targets strong 2026 growth on PFAS waste destruction momentum
374Water Inc (NASDAQ:SCWO) said on Wednesday it expects revenue to rise to between $6 million and $8 million in 2026 as the company accelerates commercialization of its Super Critical Water Oxidation (SCWO) technology and expands partnerships across North America.
The company, a developer of sustainable waste destruction systems, reported third-quarter revenue of $760,000, up sharply from $81,000 a year earlier, driven by new service contracts and growing demand for PFAS waste treatment.
Interim CEO Stephen Jones said 374Water’s recent projects demonstrate the commercial readiness of its AirSCWO technology, which destroys per- and polyfluoroalkyl substances (PFAS) — so-called “forever chemicals” — from industrial and municipal waste streams.
“Looking ahead, we are focused on successful waste destruction of PFAS and other waste streams utilizing our AirSCWO system at current project deployments and accelerating the conversion of a growing pipeline of opportunities,” Jones said.
The company highlighted several recent milestones, including the completion of a Department of Defense-backed PFAS destruction project at Clean Earth’s Detroit facility, and a collaboration with Crystal Clean, a leading environmental services provider, to scale its Waste Destruction Services (WDS) business. The partnership is expected to support multiple new WDS operations at treatment and disposal facilities across North America.
374Water also secured an order from the City of Olathe, Kansas, to install an AirSCWO 6 system for sustainable wastewater treatment and began a state-funded project in North Carolina to destroy aqueous film-forming foam (AFFF).
To support expansion, 374Water raised about $7 million through its at-the-market facility, extending its cash runway into the second quarter of 2026.
“Our goal is to establish recurring revenue streams through our WDS business and expand our footprint across key market verticals,” Jones added.
The company reaffirmed its 2025 full-year revenue projection of about $4 million and said it remains focused on advancing SCWO as a scalable, sustainable solution for PFAS and other complex waste challenges.
2025-11-12 21:385mo ago
2025-11-12 16:325mo ago
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Inspire Medical Systems
November 12, 2025 4:32 PM EST | Source: Faruqi & Faruqi LLP
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Inspire Medical To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Inspire Medical between August 6, 2024 and August 4, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - November 12, 2025) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Inspire Medical Systems, Inc. ("Inspire Medical" or the "Company") (NYSE: INSP) and reminds investors of the January 5, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose key facts about Inspire V, including the actual market demand for the device and whether the company had taken the steps necessary to successfully launch it. Defendants issued a series of materially false and misleading statements that led investors to believe demand for Inspire V was strong and that Company had taken the necessary steps for a successful launch.
On August 4, 2025, Inspire Medical Systems announced significant setbacks in the launch of its new Inspire V device. The company revealed that the rollout was taking much longer than expected because many treatment centers had not yet completed the required training, contracting, and onboarding needed to begin using the product. Inspire also disclosed billing and reimbursement challenges, explaining that although Medicare had approved a CPT code for Inspire V, the necessary software updates for claims processing did not go into effect until July 1. As a result, implanting centers could not bill for procedures before that date and instead continued using the older Inspire IV system.
In addition to these logistical and reimbursement problems, Inspire reported that the Inspire V launch was suffering from weak demand and excess inventory. These issues forced the company to sharply cut its 2025 earnings guidance by more than 80%. Following these revelations, Inspire's stock price fell more than 32% in a single day-from $129.95 per share on August 4, 2025, to $87.91 per share on August 5, 2025-wiping out approximately $1.2 billion in market capitalization.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Inspire Medical's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Inspire Medical class action, go to www.faruqilaw.com/INSP or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274201
HOUSTON, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a quarterly cash dividend of $0.54 per share, payable on January 23, 2026, to common stockholders of record at the close of business on January 2, 2026.
About Sysco
Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 337 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 730,000 customer locations. The company generated sales of more than $81 billion in fiscal year 2025 that ended June 28, 2025.
As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions.
For more information, visit www.sysco.com. For important news and key information for Sysco investors, visit the Investor Relations section of the company’s website at investors.sysco.com.
For more information contact: Kevin Kim
Investor Contact [email protected]
T 281-584-1219Cassandra Mauel
Media Contact [email protected]
T 281-584-1390
SYY-INVESTORS
2025-11-12 21:385mo ago
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Levi & Korsinsky Notifies James Hardie Industries plc. (JHX) Investors - Lead Plaintiff Deadline on December 23, 2025
November 12, 2025 4:37 PM EST | Source: Levi & Korsinsky, LLP
New York, New York--(Newsfile Corp. - November 12, 2025) - If you suffered a loss on your James Hardie Industries plc. (NYSE: JHX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:
or contact Joseph E. Levi, Esq. via email at [email protected] or call (212) 363-7500 to speak to our team of experienced shareholder advocates.
Cannot view this video? Visit:
https://www.youtube.com/watch?v=WIT6IS25cnc
THE LAWSUIT: A class action securities lawsuit was filed against James Hardie Industries plc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between May 20, 2025 and August 18, 2025.
CASE DETAILS: According to the filed complaint, defendants made false statements and/or concealed the following adverse facts pertaining to James Hardie's North America segment: (a) primary consumer demand and growth in James Hardie's North America segment were deteriorating; (b) overstocking was the primary driver of North America growth during the Class Period, not primary consumer demand; (c) a result, there was excessive inventory at James Hardie's North America distributors.
WHAT'S NEXT? If you suffered a loss in James Hardie Industries plc. stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/james-hardie-industries-plc-lawsuit-submission-form?prid=177023&wire=5&utm_campaign=14 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274224
2025-11-12 20:375mo ago
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Gabelli Global Small and Mid Cap Value Trust Increases Quarterly Distribution 31% to $0.21 from $0.16 Annual Distribution to $0.84 from $0.64 Per Share
RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) (the “Fund”) approved an increase in the annualized distribution to $0.84 per share, which will be paid $0.21 per share quarterly, commencing with the quarterly distribution payable on December 19, 2025 to common shareholders of record on December 12, 2025. The increase follows on the strength of the Fund’s market total return of 25% year to date.
The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Trustees. In addition to the quarterly distributions, and in accordance with the minimum distribution requirements of the Internal Revenue Code for regulated investment companies, the Fund may pay an adjusting distribution in December which includes any additional income and net realized capital gains in excess of the quarterly distributions for that year.
Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the current financial market environment. The Fund’s distribution policy is subject to modification by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income", which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.
If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.
Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2025 would include approximately 24% from net investment income, 38% from net capital gains and 38% would be deemed a return of capital on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:
Bethany Uhlein
(914) 921-5546
About The Gabelli Global Small and Mid Cap Value Trust
The Gabelli Global Small and Mid Cap Value Trust is a diversified, closed-end management investment company with $169 million in total net assets whose primary investment objective is to achieve long-term capital growth of capital. Under normal market conditions, the Fund will invest at least 80% of its total assets in equity securities (such as common stock and preferred stock) of companies with small or medium sized market capitalizations. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).
November 12, 2025 3:20 PM EST | Source: Thor Explorations Ltd.
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Thor Explorations Ltd. (TSXV THX) (AIM: THX) ("Thor Explorations" or the "Company") is pleased to announce that the Annual General meeting (the "AGM") will be held virtually on Friday December 12, 2025, at 9:00 a.m. (Pacific time).
The Notice of AGM, Financial Statements Request Form, Form of Proxy and Voting Instruction Form will be posted to shareholders today. Details of the resolutions for consideration, including the stated documents, are available at the following link: https://thorexpl.com/investors/constitutional-documents/
Shareholders are encouraged to vote on the matters before the AGM by proxy.
Attendance of the General Meeting
In order to cater for the geographical spread of the Company's shareholder base, this year's Annual General Meeting will be held virtually. We strongly urge you to vote by proxy in advance of the AGM and to listen to the AGM online. Registered shareholders or proxyholders representing registered shareholders participating in the AGM virtually will be considered to be present in person at the Meeting for the purposes of determining quorum.
In order to attend the virtual AGM, shareholders are asked to register their interest by email at [email protected]. The Company will reply to those authorized to attend the AGM with a link to the AGM and the applicable Meeting ID and password.
About Thor Explorations
Thor Explorations Ltd. is a mineral exploration company engaged in the acquisition, exploration, development, and production of mineral properties located in Nigeria, Senegal, and Cote d'Ivoire. Thor Explorations holds a 100% interest in the Segilola Gold Project located in Osun State, Nigeria and has a 100% economic interest in the Douta Gold Project located in south-eastern Senegal. Thor Explorations trades on AIM and the TSX Venture Exchange under the symbol "THX".
THOR EXPLORATIONS LTD.
Segun Lawson
President & CEO
For further information please contact:
Thor Explorations Ltd
Email: [email protected]
Canaccord Genuity (Nominated Adviser & Broker)
Henry Fitzgerald-O'Connor / James Asensio / Harry Rees
Tel: +44 (0) 20 7523 8000
Hannam & Partners (Broker)
Andrew Chubb / Matt Hasson / Jay Ashfield / Franck Nganou
Tel: +44 (0) 20 7907 8500
BlytheRay (Financial PR)
Tim Blythe / Megan Ray / Said Izagaren
Tel: +44 207 138 3203
Yellow Jersey PR (Financial PR)
Charles Goodwin / Shivantha Thambirajah / Soraya Jackson
Tel: +44 (0) 20 3004 9512
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR
DISTRIBUTION TO U.S. WIRE SERVICES
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274181
2025-11-12 20:375mo ago
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EvoTrim™ by Edge Selected as a Good Housekeeping 2026 Home Reno Award Winner
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Edge is thrilled to announce that EvoTrim™, its high-performance engineered wood trim, has been named a Good Housekeeping 2026 Home Reno Awards winner in the Exterior Enhancements category. “Being recognized in Good Housekeeping's 2026 Home Renovation Awards validates what we've been hearing in the field: that EvoTrim delivers the reliability and finish needed to get the job done right,” said Dom Beaulieu, Managing Director at Edge. Designed for durability.
2025-11-12 20:375mo ago
2025-11-12 15:215mo ago
Potomac Bank Trust and Wealth Welcomes Jessica G. Perry, CFP®, CRPC™, to Lead Northern Virginia Office
, /PRNewswire/ -- (OTCID: PTBS) – Potomac Bank Trust and Wealth, a division of Potomac Bank, recently announced the appointment of Jessica Perry as Vice President, Wealth Advisor for the firm. Mrs. Perry's responsibilities include serving the wealth management needs of business owners, families, and individuals in the Northern Virginia market. She will report to Leslie Crabill, Executive Vice President and Director of Wealth and Investments. Her office will be located in the company's Ashburn, Virginia, office located at 44790 Maynard Square, Suite 200.
Jessica Perry joins Potomac Bank Trust and Wealth to lead Northern Virginia office. www.potomac.bank
Mrs. Perry brings over 18 years of experience in wealth management and banking services. Most recently, she served with Merrill Lynch's Eveland Group as a Relationship Manager. Previous experience included management positions in mortgage lending at various local institutions.
"We are excited to have Jessica join our team," stated Leslie Crabill, Executive Vice President and Director of Wealth and Investments. "Her listen-first approach allows her to truly understand client needs, delivering personalized experiences and tailored guidance that will make a meaningful difference for both current and future clients."
Mrs. Perry received a B.S. in Finance from Virginia Tech, Pamplin College of Business. She also is a Certified Financial Planner (CFP®) and Chartered Retirement Planning Counselor (CRPC™). In addition, Mrs. Perry holds a Health, Life & Annuities License, Series 7 License, and a Series 66 License.
The accomplishments and accolades for Mrs. Perry are numerous, including being named the 2025 Best of Loudoun #1 Financial Planner as voted by the readers of The Loudoun Times-Mirror, being a 2025 Loudoun's 40 under 40 recipient, and a Washingtonian Magazine2023 Top Mortgage Professional, among others.
Community service is a priority for Mrs. Perry. She is an active member of 100 Women Strong where she serves on the Long-Term Initiative Committee, focusing on Shelter, Seniors & Children. She is also an active member of the Loudoun County Chamber of Commerce and the Local Business Networking International Chapter. She regularly volunteers with Bridgeport Connections.
Mrs. Perry lives in Northern Virginia with her husband and two children where they enjoy outdoor activities, martial arts, visits to the lake, and are regular attenders of Cornerstone Chapel.
About Potomac Trust and Wealth
Potomac Trust and Wealth is a division of Potomac Bank. For over 70 years, Potomac Bank Trust and Wealth has been a trusted provider of financial services, evolving into a premier firm specializing in wealth management, investment strategies, trust services, and estate settlement. Serving the metropolitan Washington, DC, region, including Maryland, Virginia, and West Virginia, the firm remains committed to delivering expert financial guidance and personalized solutions.
About Potomac Bank
Founded in 1871 as Bank of Charles Town and renamed Potomac Bank on November 3, 2025, Potomac Bank is a wholly owned subsidiary of Potomac Bancshares, Inc. (OTCID:PTBS). With approximately $962 million in assets as of September 30, 2025, the Company conducts operations through its main office, an additional eight branch offices, and two loan production offices. Offices are located in Jefferson and Berkeley Counties (WV), Washington County (MD), and Loudoun and Stafford Counties (VA). The Bank offers commercial lines and term loans, residential and commercial construction loans, commercial real estate loans, agricultural loans, and government contractor loans. The Bank is also a Small Business Administration (SBA) Preferred Lender. The Residential Lending division offers secondary market and portfolio mortgage loans, one-time close construction to perm loans, as well as home equity loans and lines of credit. For over 70 years, Trust and Wealth has provided caring and personalized trust services, growing into a premier financial management, investment strategies, and estate services provider. The Bank also provides convenient online and mobile banking for individuals, businesses, and local governments plus free access to over 55,000 ATMs through the Allpoint® network plus another approximately 675 free access ATMs through another partnership. Potomac Bank was voted a "Loudoun's Favorite" winner in the 2025 LoudounNow readers' poll in multiple categories: Bank, Financial Planner, Mortgage Company, and Mortgage Broker (Steve Cowen), plus runner-up for Banker (Paul Bice). The Bank was also voted a "Best of the Best" winner in the 2025 Martinsburg Journal-News Readers' Choice Awards in four categories: Bank, Loan Services, Financial Planning, and Mortgage Banking. In 2023, American Banker selected Potomac Bank as a "Top 200 Community Bank," an annual listing of the best performing banks in the United States with assets under $2 billion. Since 2019, the Bank has been named a "Best Bank To Work For" by American Banker five times.
The Company's shares are quoted on the OTCID marketplace under the symbol "PTBS." Individuals may purchase shares through one's personal broker. For more information about Potomac Bancshares, Inc., and the Bank, please visit our website at www.potomac.bank.
SOURCE Potomac Bank Trust and Wealth
2025-11-12 20:375mo ago
2025-11-12 15:215mo ago
On Holding AG (ONON) Q3 2025 Earnings Call Transcript
Q3: 2025-11-12 Earnings SummaryEPS of $0.54 beats by $0.20
|
Revenue of
$994.48M
(37.96% Y/Y)
beats by $45.19M
On Holding AG (ONON) Q3 2025 Earnings Call November 12, 2025 8:00 AM EST
Company Participants
Caspar Coppetti - Co-Founder & Executive Co-Chairman
Martin Hoffmann - CEO & CFO
Conference Call Participants
Paul Lejuez - Citigroup Inc., Research Division
Jay Sole - UBS Investment Bank, Research Division
Alexandra Straton - Morgan Stanley, Research Division
Krista Kerr Zuber
Samuel Poser - Williams Trading, LLC, Research Division
M. Liu - JPMorgan Chase & Co, Research Division
Aubrey Tianello - BNP Paribas, Research Division
Rakesh Patel - Raymond James & Associates, Inc., Research Division
Presentation
Operator
Good afternoon, and good morning to our investor community. Thank you for joining On's 2025 Third Quarter Earnings Conference Call and Webcast. With me today on the call are On's Executive Co-Chairman and Co-Founder, Caspar Coppetti; and CEO and CFO, Martin Hoffmann. Before we begin, I will briefly remind everyone that today's call will contain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements reflect our current expectations and beliefs only and are subject to certain risks and uncertainties that could cause actual results to differ materially.
Please refer to our annual report on Form 20-F for the 2024 fiscal year filed with the SEC on 4th March 2025 for a detailed explanation of such risks and uncertainties. We will further reference certain non-IFRS financial measures such as adjusted EBITDA and adjusted EBITDA margin. These measures are not intended to be considered in isolation or as a substitute for the financial information presented in accordance with IFRS accounting standards. Please refer to today's release for a reconciliation to the most comparable IFRS measures. We will begin with Caspar, followed by Martin, leading through today's prepared remarks, after which we are looking forward to opening the call to a Q&A session.
Semperit Aktiengesellschaft Holding (OTCPK:SEIGY) Q3 2025 Earnings Call November 12, 2025 9:00 AM EST
Company Participants
Manfred Stanek - CEO & Chairman of the Management Board
Helmut Sorger - CFO & Member of Executive Board
Conference Call Participants
Markus Remis - ODDO BHF Corporate & Markets, Research Division
Volker Bosse - Baader-Helvea Equity Research
Marc-Rene Tonn - Warburg Research GmbH
Presentation
Operator
Ladies and gentlemen, welcome to the Semperit Publication of Q1 Q3 2025 Results Conference Call. I am [ Sandra ], the course Call operator.
[Operator Instructions] The conference must not be recorded for publication or broadcast.
At this time, it's my pleasure to hand over to Mr. Stanek, CEO. Please go ahead, sir.
Manfred Stanek
CEO & Chairman of the Management Board
Thank you very much. Ladies and gentlemen, welcome to our results presentation for the first 3 quarters of 2025. Joining me today is our CFO, Helmut Sorger.
We are well aware that today is a particularly busy day for publications with numerous Q3 reports being released. That's why we are all the more pleased that you are taking the time to learn more about our progress.
Helmut and I will guide you through the presentation, which is available on our website and then open the floor for your questions.
I would like to start with Slide 3, the overview. On this page of the slide deck, you will find a brief summary of the highlights. Let me start with the positive developments in the third quarter.
We continued to build momentum with EBITDA improving to EUR 21.3 million. That's a 92% increase versus Q1 and 9% growth versus Q2. Year-on-year, EBITDA was up by almost 29% and the margin climbed by 2.8 percentage points to 13.1% despite revenue growing only slightly by around 1%. This clearly shows that the measures we implemented earlier in the
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2025-11-12 20:375mo ago
2025-11-12 15:215mo ago
Carrier Global Corporation (CARR) Presents at Baird 55th Annual Global Industrial Conference Transcript
Carrier Global Corporation (CARR) Baird 55th Annual Global Industrial Conference November 12, 2025 1:00 PM EST
Company Participants
David Gitlin - Chairman & CEO
Patrick Goris - Senior VP & CFO
Conference Call Participants
Timothy Wojs - Robert W. Baird & Co. Incorporated, Research Division
Presentation
Timothy Wojs
Robert W. Baird & Co. Incorporated, Research Division
All right. Good afternoon. I'm Tim Wojs. I cover building products here at Baird, and we're delighted to have Carrier Global joining us this year at our Global Industrial Conference. Carrier is the leading manufacturer of residential and commercial HVAC and transportation, refrigeration equipment.
David Gitlin
Chairman & CEO
You could say the -- you said the leading...
Timothy Wojs
Robert W. Baird & Co. Incorporated, Research Division
Yes. Okay. Yes. On stage with me today is Chairman and CEO, Dave Gitlin, and we have Patrick Goris, who's SVP and CFO. We're going to start with some overview remarks from Dave, and then we're going to hop into Q&A after that. So I'll turn the floor over to Dave.
David Gitlin
Chairman & CEO
Okay. Well, thank you, Tim, to you and Baird for having us. Six years ago, as we prepared for our spin, this was our first investor conference, where we laid out our vision for the new Carrier. I am very proud of how far we've come. We have a new team culture, operating system, aftermarket success, a far more focused and differentiated portfolio. A new energy, purpose and vision that deeply galvanizes our team. I'm even more excited about what lies ahead. We've been very purposeful about our portfolio. It is by design very focused. It is also by design balanced. This is underpinned by our strategy and playbook focus on driving sustained growth through leadership in products, aftermarket and systems. We are market leaders.
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2025-11-12 20:375mo ago
2025-11-12 15:215mo ago
Conagra Brands, Inc. (CAG) Presents at J.P. Morgan U.S. Opportunities Forum Transcript
Conagra Brands, Inc. (CAG) J.P. Morgan U.S. Opportunities Forum November 12, 2025 9:55 AM EST
Company Participants
Sean Connolly - President, CEO & Director
David Marberger
Conference Call Participants
Thomas Palmer - JPMorgan Chase & Co, Research Division
Presentation
Thomas Palmer
JPMorgan Chase & Co, Research Division
Hi. Thanks for joining us today. I'm Tom Palmer. I cover the food space here at JPMorgan and thrilled today to have with us Sean Connolly, CEO of Conagra Brands; and Dave Marberger, the CFO.
Conagra Brands is a U.S. packaged foods company that sells a wide range of frozen, refrigerated and shelf-stable products. Its biggest categories include frozen entrees, frozen vegetables, meat snacks and popcorn. Sean has been CEO of Conagra since 2015 and Dave CFO since 2016.
Question-and-Answer Session
Thomas Palmer
JPMorgan Chase & Co, Research Division
Sean, it's been an unusually challenging period for volume growth for large packaged food companies. Among other considerations, we've seen the rise of GLP-1 drugs, a growing awareness, I think, of smaller brands, more scratch cooking, more price-sensitive consumer following a period of elevated inflation.
You've seen a lot in your career. To what extent do you think there's been a structural change in demand for packaged food versus perhaps more transitory impacts?
Sean Connolly
President, CEO & Director
Sure. Well, thanks for having us, Tom, and good to see everybody. And for those online, thanks for tuning in.
I don't think this is really as complicated in hindsight as it might seem. If you look at the group in our industry over the last, call it, 5-plus years, you've seen somewhere in the neighborhood of 40% to 45% cost of goods inflation, which then triggered matching pricing actions for the vast majority of that 5- to 6-year period. So cumulatively, what we've got is a consumer who is strained and when the
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2025-11-12 20:375mo ago
2025-11-12 15:215mo ago
Anthropic, Microsoft announce new AI data center projects as industry's construction push continues
Dario Amodei, CEO and co-founder of Anthropic, attends the annual meeting of the World Economic Forum in Davos, Switzerland, Jan. 23, 2025. Credit: AP Photo/Markus Schreiber, File
Artificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York.
Microsoft also on Wednesday announced a new data center under construction in Atlanta, Georgia, describing it as connected to another in Wisconsin to form a "massive supercomputer" running on hundreds of thousands of Nvidia chips to power AI technology.
The latest deals show that the tech industry is moving forward on huge spending to build energy-hungry AI infrastructure, despite lingering financial concerns about a bubble, environmental considerations and the political effects of fast-rising electricity bills in the communities where they're constructed.
Anthropic, maker of the chatbot Claude, said it is working with London-based Fluidstack to build the new computing facilities to power its AI systems. It didn't disclose their exact locations or what source of electricity they will need.
Another company, cryptocurrency mining data center developer TeraWulf, has previously revealed it was working with Fluidstack on Google-backed data center projects in Texas and New York, on the shore of Lake Ontario. TeraWulf declined comment Wednesday.
A report last month from TD Cowen said that the leading cloud computing providers leased a "staggering" amount of U.S. data center capacity in the third fiscal quarter of this year, amounting to more than 7.4 gigawatts of energy, more than all of last year combined.
Oracle was securing the most capacity during that time, much of it supporting AI workloads for Anthropic's chief rival OpenAI, maker of ChatGPT. Google was second and Fluidstack came in third, ahead of Meta, Amazon, CoreWeave and Microsoft.
Anthropic said its projects will create about 800 permanent jobs and 2,400 construction jobs. It said in a statement that the "scale of this investment is necessary to meet the growing demand for Claude from hundreds of thousands of businesses while keeping our research at the frontier."
Microsoft has branded its Atlanta data center as Fairwater 2, after the original Fairwater complex being built near Milwaukee, Wisconsin. The company said it will help power its own technology, along with OpenAI's and other AI developers. Microsoft was, until earlier this year, OpenAI's exclusive cloud computing provider before the two companies amended their partnership. OpenAI has since announced more than $1 trillion in infrastructure obligations, much of it tied to its Stargate project with partners Oracle and SoftBank.
The tech industry's huge amount of spending on computing infrastructure for AI startups that aren't yet profitable has fueled concerns about an AI investment bubble.
Investors have closely watched a series of intertwined deals over recent months between top AI developers such as OpenAI and Anthropic and the companies building the costly computer chips and data centers needed to power their AI products. Anthropic said it will continue to "prioritize cost-effective, capital-efficient approaches" to scaling up its business.
Citation:
Anthropic, Microsoft announce new AI data center projects as industry's construction push continues (2025, November 12)
retrieved 12 November 2025
from https://techxplore.com/news/2025-11-anthropic-microsoft-ai-center-industry.html
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2025-11-12 20:375mo ago
2025-11-12 15:255mo ago
Amazon warehouse employees sue over ‘punitive' handling of absences
Amazon was sued on Wednesday in a proposed class action saying the retailer subjects thousands of warehouse employees with disabilities to a “punitive” policy governing workplace absences.
Amazon, the largest private-sector US employer behind Walmart, was accused of docking unpaid time off when it orders New York employees seeking accommodations for disabilities to stay home, and then threatening to fire them for missing too much work.
“Amazon’s practices chill employees’ exercise of their legal rights, because employees justifiably fear they too will be disciplined and fired if they request reasonable accommodation,” according to the complaint filed in federal court in Manhattan.
Amazon was accused of docking unpaid time off when it orders New York employees seeking accommodations for disabilities to stay home, and then threatening to fire them for missing too much work. AP
The Seattle-based retailer had no immediate comment.
Amazon allegedly sends intimidating emails
The lawsuit is led by Cayla Lyster, who works at an Amazon warehouse near Syracuse, NY, and said she has Ehlers-Danlos syndrome, a connective-tissue disorder.
Lyster said Amazon repeatedly put her on unpaid leave, once for nearly six weeks, while it reviewed her requests for a chair to sit on, not having to climb ladders and other accommodations, while supervisors berated her for seeking help.
She said Amazon’s “punitive absence control system” subjects employees who incur too much unpaid leave, even when the law allows, to emails demanding they justify their absences within 48 hours or risk being fired.
The lawsuit is led by Cayla Lyster, who works at an Amazon warehouse near Syracuse, NY, claiming Amazon repeatedly put her on unpaid leave, once for nearly six weeks, while it reviewed her requests for a chair to sit on. Christopher Sadowski
These emails “intimidate and threaten employees who have exercised their rights to request reasonable accommodation,” Lyster said.
New Jersey sued last month
The lawsuit seeks damages for all hourly warehouse workers in New York state over the last three years who sought, or intended to seek, accommodations for their disabilities.
“Workers shouldn’t ever need to choose between their safety and their paycheck,” said Inimai Chettiar, president of A Better Balance, a workplace legal advocacy group that helped file the lawsuit.
New Jersey Attorney General Matthew Platkin sued Amazon alleging the company denies reasonable accommodation requests, and repeatedly puts pregnant workers and workers with disabilities on unpaid leave. Dominic Gwinn/ZUMA / SplashNews.com
The lawsuit was filed three weeks after New Jersey Attorney General Matthew Platkin sued Amazon, saying it often denies reasonable accommodation requests, and repeatedly puts pregnant workers and workers with disabilities on unpaid leave.
Amazon denied Platkin’s claims, and said it approves more than 99% of requests for pregnancy-related accommodations.
The case is Lyster v Amazon.com Services LLC, U.S. District Court, Southern District of New York, No. 25-09423.
2025-11-12 20:375mo ago
2025-11-12 15:265mo ago
November 18, 2025 Deadline: Join Class Action Lawsuit Against KBR, Inc. (KBR) - Contact Levi & Korsinsky
November 12, 2025 3:26 PM EST | Source: Levi & Korsinsky, LLP
New York, New York--(Newsfile Corp. - November 12, 2025) - If you suffered a loss on your KBR, Inc. (NYSE: KBR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:
or contact Joseph E. Levi, Esq. via email at [email protected] or call (212) 363-7500 to speak to our team of experienced shareholder advocates.
Cannot view this video? Visit:
https://www.youtube.com/watch?v=xdLQI1y1AKI
THE LAWSUIT: A class action securities lawsuit was filed against KBR, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between May 6, 2025 and June 19, 2025.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) despite the knowledge that the U.S. Department of Defense's Transportation Command, for months, had material concerns with HomeSafe's ability to fulfill the global household goods contract, defendants claimed that the partnership was without issue, and would ramp up in future quarters; and (2) as a result, defendants' statements about KBR's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT'S NEXT? If you suffered a loss in KBR, Inc. stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/kbr-inc-lawsuit-submission-form?prid=177021&wire=5&utm_campaign=6 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274194
2025-11-12 20:375mo ago
2025-11-12 15:265mo ago
LivaNova Delivers Strategic Roadmap and Long-Range Financial Plan at Investor Day
LONDON--(BUSINESS WIRE)--LivaNova PLC (Nasdaq: LIVN), a market-leading medical technology company, today hosted its 2025 Investor Day and presented its comprehensive strategic roadmap and long-range financial plan.
“We are confident in our ability to deliver on the targets we outlined today. LivaNova’s talented team is focused on a revitalized innovation strategy and operational excellence,” said Vladimir Makatsaria, Chief Executive Officer of LivaNova. “The leadership positions we hold in our Epilepsy and Cardiopulmonary businesses give us a strong foundation that provides predictable growth, margin expansion, and consistent cash generation, allowing us to invest in our future.
“This enables us to grow our leadership positions in our core markets. It also allows us to invest in a transformational pipeline and enter higher-growth markets with attractive margin profiles. This includes Obstructive Sleep Apnea, where we have differentiated technology and compelling clinical data. In addition, Difficult-to-Treat Depression remains an upside option as we continue to pursue coverage with the U.S. Centers for Medicare & Medicaid Services. We believe that LivaNova is well positioned for transformative growth and to deliver long-term value — for patients, customers, colleagues, and shareholders.”
Adjusted annual operating margin above 20% over the next three years, targeting high twenties by 2030
Earnings-per-share CAGR in the low double digits to mid-teens
Adjusted free cash flow conversion above 80%
The Company has established a pathway to achieve this growth by maximizing its core businesses, scaling Obstructive Sleep Apnea (OSA), and preserving upside in Difficult-to-Treat Depression (DTD). At today’s event, LivaNova highlighted the following:
Market-leading Cardiopulmonary business operating in a $2 billion global market: LivaNova will capitalize on the market opportunity by pursuing a growth strategy driven by the continued replacement cycle of Essenz™, ongoing market-share gains in consumables enhanced by its next-generation oxygenator (estimated launch 2028), and recurring revenue streams via software and service attachments. These efforts are expected to generate mid-to-high single-digit revenue CAGR as well as adjusted operating margin expansion of more than 300 basis points in Cardiopulmonary.
Global leadership in Drug-Resistant Epilepsy treatment: In Epilepsy, where the market is significantly underpenetrated, the Company expects continued profitable growth. This will be supported by real-world evidence from the CORE-VNS clinical study, a connected care platform (estimated launch 2026) followed by a Bluetooth-enabled implantable pulse generator (estimated launch 2027), and expanded global access and reimbursement. The Company is targeting mid-single-digit revenue CAGR and adjusted operating income margin expansion of approximately 200 basis points by 2030 in Epilepsy.
Entrance into a large, underpenetrated OSA market with its differentiated proximal hypoglossal nerve stimulation (p-HGNS) technology: The Company’s robust clinical evidence, including newly released data from its PolySync Algorithm™, and a differentiated technology from alternative therapies to treat more challenging patients, such as those with high body mass index and complete concentric collapse, give LivaNova confidence in its capacity to address these needs in this market. PolySync is an advanced multi-contact titration algorithm that utilizes the technology’s six-electrode design to provide a more targeted nerve activation and enable an even greater patient response. Following approval by the U.S. Food and Drug Administration, the Company intends to commercialize its OSA product independently in 2027. By doing so, it will retain full control over pricing, positioning, and customer relationships to maximize long-term value creation. The Company will leverage its proven Neuromodulation infrastructure to scale efficiently with a disciplined, milestone-based investment approach. OSA is projected to generate $200 million to $400 million in revenue by 2030 and adjusted operating income margin of greater than 25%. The Company expects the OSA business to be break-even by 2029.
DTD coverage reconsideration with U.S. Centers for Medicare & Medicaid Services (CMS): While DTD is not included in the Company’s long-range financial projections given the pending CMS coverage reconsideration, it represents significant upside optionality. DTD is a strategic extension of its Neuromodulation platform and will create meaningful value if CMS coverage is secured.
Webcast Replay
The presentation and webcast replay of today’s investor event will be available within 24 hours at www.livanova.com/events.
About LivaNova
LivaNova PLC is a global medical technology company built on nearly five decades of experience and a vision to change the trajectory of lives for a new day. Through ingenious medical solutions in select neurological and cardiac conditions, LivaNova strives to ignite patient turnarounds. Headquartered in London, with approximately 3,000 employees and a presence in more than 100 countries, LivaNova serves patients, healthcare professionals, and healthcare systems worldwide. For more information, please visit www.livanova.com.
Safe Harbor Statement
This news release contains “forward-looking statements” concerning the Company’s goals, beliefs, targets, expectations, intentions, strategies, objectives, plans, projections, underlying assumptions, and other statements that are not necessarily based on historical facts. These statements include, but are not limited to, statements regarding the Company’s strategic roadmap and long-range financial plan. Actual events may differ materially from those indicated in our forward-looking statements as a result of various factors, including those factors set forth in Item 1A of the Company’s most recent Annual Report on Form 10-K, as supplemented by any risk factors contained in Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. LivaNova undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
More News From LivaNova PLC
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2025-11-12 20:375mo ago
2025-11-12 15:275mo ago
Shareholders of Fortinet, Inc. (FTNT): Protect Your Rights Before November 21, 2025 - Contact Levi & Korsinsky
November 12, 2025 3:27 PM EST | Source: Levi & Korsinsky, LLP
New York, New York--(Newsfile Corp. - November 12, 2025) - If you suffered a loss on your Fortinet, Inc. (NASDAQ: FTNT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:
or contact Joseph E. Levi, Esq. via email at [email protected] or call (212) 363-7500 to speak to our team of experienced shareholder advocates.
Cannot view this video? Visit:
https://www.youtube.com/watch?v=IceBWfO3B5A
THE LAWSUIT: A class action securities lawsuit was filed against Fortinet, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between November 8, 2024 and August 6, 2025.
CASE DETAILS: According to the filed complaint, defendants made false statements and/or concealed that defendants knew that the refresh cycle would never be as lucrative as they represented, nor could it, because it consisted of old products that were a "small percentage" of the Company's business. Moreover, defendants misrepresented and concealed that they did not have a clear picture of the true number of FortiGate firewalls that could be upgraded. And while telling investors that the refresh would gain momentum over the course of two years, Fortinet misrepresented and concealed that it had aggressively pushed through roughly half of the refresh in a period of months, by the end of 2Q 2025.
WHAT'S NEXT? If you suffered a loss in Fortinet, Inc. stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/fortinet-inc-lawsuit-submission-form?prid=177022&wire=5&utm_campaign=21 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274196
2025-11-12 20:375mo ago
2025-11-12 15:295mo ago
Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.41 Per Share 2025 Annual Distribution Totals $0.86 Per Share
RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American:ECF) (the “Fund”) declared a $0.41 per share cash distribution payable on December 30, 2025, to common shareholders of record on November 24, 2025.
Shareholders who are not members of the Fund’s Automatic Dividend Investment Plan will be given the option to receive the distribution either in cash or in beneficial shares of the Fund. The distribution is taxable to shareholders whether or not they choose to receive cash.
The expiration date of the option is December 15, 2025. Shareholders who do not make an election will receive the distribution in beneficial shares.
The number of shares that holders will be entitled to receive under the share option will be determined on December 16, 2025, either on the basis of the closing market price of the Fund’s beneficial shares or its net asset value, whichever is lower on that date.
The Fund intends to pay the greater of either an annual distribution of 5% of the Fund’s trailing 12-month average month-end market price or an amount that meets the minimum distribution requirement of the Internal Revenue Code for regulated investment companies.
Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the current financial market environment. If necessary, the Fund pays an adjusting distribution in December, which includes any additional income and net realized capital gains in excess of the quarterly distributions. The Fund’s distribution policy is subject to modification or termination by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and with income that exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income", which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.
If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a share-holder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.
Long-term capital gains, qualified dividend income, investment company taxable income and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:
Bethany Uhlein
(914) 921-5546
About Ellsworth Growth and Income Fund
Ellsworth Growth and Income Fund Ltd. is a diversified, closed-end management investment company with $216 million in total net assets. ECF invests primarily in convertible securities and common stock with the objectives of providing income and the potential for capital appreciation, objectives the Fund considers to be relatively equal over the long-term due to the nature of the securities in which it invests. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).
RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) (the “Fund”) increased the annual distribution 20% to $0.72 per share, which will be paid $0.06 per share monthly, commencing with the January 2026 monthly distribution. The increase reflects the strength of the Fund’s NAV total return of 37% year to date.
The Board of Trustees approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.06 per share for each of January, February, and March 2026. Based on current dynamics, the Fund may make distributions in excess of the Fund’s earnings. It is currently expected that distributions to common shareholders in 2025 will primarily constitute a return of capital for tax purposes.
Distribution MonthRecord DatePayable DateDistribution Per ShareJanuaryJanuary 15, 2026January 23, 2026$0.06FebruaryFebruary 12, 2026February 20, 2026$0.06MarchMarch 17, 2026March 24, 2026$0.06
Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Because the Fund’s current monthly distributions are subject to modification by the Board of Trustees at any time and the Fund’s income will fluctuate, there can be no assurance that the Fund will pay distributions at a particular rate or frequency. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution.
Short-term capital gains, qualified dividend income, ordinary income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. There are no capital loss carryforwards for book purposes. Therefore the Fund, on a book basis, may be distributing short term gains generated from option premiums that will not be taxable in 2025 because of the capital loss carryforwards available on a tax basis. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the monthly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:
David Schachter
(914) 921-5057
The Fund’s NAV per share will fluctuate with changes in the market value of the Fund’s portfolio securities. Stocks are subject to market, economic, and business risks that cause their prices to fluctuate. Investors acquire shares of the Fund on a securities exchange at market value, which fluctuates according to the dynamics of supply and demand. When Fund shares are sold, they may be worth more or less than their original cost. Consequently, you can lose money by investing in the Fund.
Covered Call and Other Option Transaction Risks. There are several risks associated with writing covered calls and entering into other types of option transactions. For example, there are significant differences between the securities and options markets that could result in an imperfect correlation between these markets, resulting in a given transaction not achieving its objectives. In addition, a decision as to whether, when, and how to use covered call options involves the exercise of skill and judgment, and even a well-conceived transaction may be unsuccessful because of market behavior or unexpected events. As the writer of a covered call option, the Fund forgoes, during the option’s life, the opportunity to profit from increases in the market value of the security covering the call option above the exercise price of the call option, but has retained the risk of loss should the price of the underlying security decline.
About The GAMCO Natural Resources, Gold & Income Trust
The GAMCO Natural Resources, Gold & Income Trust is a diversified, closed-end management investment company with $156 million in total net assets whose primary investment objective is to provide a high level of current income. The Fund invests primarily in equity securities of gold and natural resources companies and intends to earn income primarily through a strategy of writing (selling) primarily covered call options on equity securities in its portfolio. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).
NYSE – GNT
CUSIP – 36465E101
Investor Relations Contact:
David Schachter
(914) 921-5057 [email protected]
2025-11-12 20:375mo ago
2025-11-12 15:305mo ago
Metalenz and UMC Bring Breakthrough Face Authentication Solution Polar ID to Mass Production
The direct integration of Metalenz technology onto image sensors at the semiconductor foundry marks a new frontier for machine vision and artificial intelligence.
Supply chain qualification and 300 mm wafer manufacturing at UMC enables rapid ramp to meet OEM demand.
Breakthrough polarization-based face authentication technology ready for high-volume manufacturing, enabling secure, compact, and cost-effective biometrics for the mass market.
BOSTON and HSINCHU, Taiwan, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Metalenz, the leader in metasurface innovation and commercialization, and United Microelectronics Corporation (“UMC” NYSE: UMC, TWSW:2303), a leading global semiconductor foundry, today announced Metalenz’s its breakthrough face authentication solution, Polar ID, is now ready for mass production through UMC.
Polar ID is a compact, polarization-based biometric solution that leverages Metalenz’s metasurface technology to bring payment-grade security and advanced sensing capabilities to any device, even the most challenging of form factors. Using a polarization sensitive meta-optic and advanced algorithms, Polar ID extracts additional information sets such as material and contour information to provide secure face authentication in a single image, dramatically reducing cost and complexity over existing secure face unlock solutions.
Metalenz has already demonstrated the product, featuring a polarization sensitive meta-optic directly integrated onto an image sensor, on a smartphone reference platform powered by Snapdragon® mobile processors. UMC manufactures the meta-optic layer using its 40nm process and achieves sensor integration utilizing its wafer-on-wafer bonding technology. Leveraging UMC’s 300mm wafer manufacturing capabilities, as well as the qualification of this supply chain, Metalenz is ready to ramp into volume positioning Polar ID for widespread adoption across consumer electronics, mobile, and IoT platforms.
“By combining our metasurface innovation with UMC’s manufacturing scale and process maturity, Polar ID is ready to meet the demands of high-volume consumer electronics, and to bring secure, affordable face authentication to billions of devices,” said Rob Devlin, CEO and Co-Founder of Metalenz. “Metalenz is the critical enabler of the metasurface market. With the first generation of our technology already at work in the market replacing lens stacks in existing sensing solutions, we are now leveraging the unique capabilities of our technology to bring new forms of sensing to mass markets for the first time. With demand for secure and convenient biometrics rapidly expanding across consumer devices and IoT, Polar ID delivers secure face authentication in the smallest, simplest form factor, making advanced sensing accessible beyond premium tiers and in places it wasn’t previously possible.”
“Our state-of-the art 12-inch facilities and comprehensive portfolio of semiconductor manufacturing process technologies have made us the foundry partner of choice for some of the most advanced fabless semiconductor companies in the world. We have worked with Metalenz on commercializing their metasurface technology since 2021, and we are pleased to be their key manufacturing partner to support the high-volume production of next-generation polarization imaging modules,” said Steven Hsu, Vice President of Technology Development, UMC. “This collaboration will enable UMC to expand our offering into sensor integrated metasurfaces and play a pioneering role in delivering this disruptive imaging technology to market.”
About Metalenz
Metalenz is driving innovation in optics with metasurface technology, providing image sensing solutions that deliver unprecedented insights to mass market machine vision, enabling advanced sensing and transformative applications to proliferate where compact size & cost-efficient integration is a must for widespread adoption. As the leaders in commercialization, Metalenz innovation has enabled the shift of optics production into the semiconductor foundry, leveraging existing infrastructure and proven manufacturing processes. More than 140 million of the company’s optics have been integrated into consumer devices, replacing conventional lens stacks for compact 3D sensing and resulting in the creation of a rapidly growing metasurface market as use cases rapidly expand. metalenz.com
About UMC
UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry company. The company provides high-quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry. UMC’s comprehensive IC processing technologies and manufacturing solutions include Logic/Mixed-Signal, embedded High-Voltage, embedded Non-Volatile-Memory, RFSOI, BCD etc. Most of UMC's 12-in and 8-in fabs with its core R&D are located in Taiwan, with additional ones throughout Asia. UMC has a total of 12 fabs in production with combined capacity of more than 400,000 wafers per month (12-in equivalent), and all of them are certified with IATF 16949 automotive quality standard. UMC is headquartered in Hsinchu, Taiwan, plus local offices in United States, Europe, China, Japan, Korea & Singapore, with a worldwide total of 20,000 employees. For more information, please visit: http://www.umc.com.
Note from UMC Concerning Forward-Looking Statements
Some of the statements in the foregoing announcement are forward-looking within the meaning of the U.S. Federal Securities laws, including statements about introduction of new services and technologies, future outsourcing, competition, wafer capacity, business relationships and market conditions. Investors are cautioned that actual events and results could differ materially from these statements as a result of a variety of factors, including conditions in the overall semiconductor market and economy; acceptance and demand for products from UMC; and technological and development risks. Further information regarding these and other risks is included in UMC’s filings with the U.S. Securities and Exchange Commission. UMC does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
TORONTO, ON / ACCESS Newswire / November 12, 2025 / PPX Mining Corp. (TSX.V:PPX)(BVL:PPX) (the "Company" or "PPX") is pleased to announce that construction of PPX Mining's processing plant continues to advance steadily, with major milestones achieved across all operational areas. Civil works for the leaching zone are complete and tank installation is underway, while crushing and milling components are nearing full assembly with equipment largely on site. Fabrication of reagent tanks and flotation equipment has been finalized, with installation progressing on schedule. Desorption units, geotube tailings infrastructure, and key laboratory facilities are currently under construction, supported by the arrival of geotextile materials and laboratory instruments. Complementing these efforts, the Company has commenced the construction of auxiliary works, including a 200-square-meter analytical/metallurgical laboratory and the first 370-meters of reinforced concrete security perimeter wall, both expected to be completed by year-end.
Leaching Area
The civil works for the leaching area have been completed, and the installation of tanks, managed by JPC Ingenieros, has begun. All metal-mechanical materials are 100% purchased and delivered to site. Welding and assembly of the first four tanks are being finalized, while the bases for the remaining four tanks are underway, with completion expected by mid-December.
Images 1: Leaching tanks installation and assembly progressImages 2: Leaching tanks installation and assembly progressImages 3: Leaching tanks installation and assembly progressCrushing Area
All equipment has been fabricated, and the majority is already on site, except for the fine ore hopper, which is currently being transported from Lima to the project site. The containment wall for the coarse ore hopper has been redesigned and will now be built in reinforced concrete.
Image 4: Fine ore hopper ready for shipment from LimaMilling Area
Both mills have been installed and aligned, including their drive systems. Installation of the pump boxes for mill discharge and the associated pumps is in progress. The level control system for the pump feed boxes has been ordered and is pending delivery. The cyclone tower and both cyclone assemblies are now in place. Measurements of the mill liners have been taken for local fabrication of spare parts in Peru.
Image 5: Mills with installed pump boxesReagent Preparation Area
All civil works have been completed, and all reagent supply pumps are on site. The largest reagent preparation tanks have been fabricated and are being transported to the project.
Image 6: Completed fabrication of main reagent tanks for cyanide and flocculant preparationFlotation Area
All equipment has been delivered to site, and civil works for the flotation cells are in progress. The concentrate thickener installation is approximately 50% complete, and the filter press foundations have been completed, with installation now underway.
Image 7: Flotation area and thickener installation progressDesorption Area
All desorption equipment has been fabricated in Lima and will be transported to site once the ongoing civil works are completed.
Images 8: Completed Electrowinning Cells,Image 9: Gas Extractors Production CompletedImage 10: Metallic Bases for Desorption PlantGeotube Tailings Storage Area
The earthworks are finished, and the installation of the drainage system is about to begin. The first shipment of geotextiles and geomembranes, purchased from China, has arrived in Peru and is being transported to the project site.
Image 11: Transport of Geotextiles from Callao Port to SiteMetallurgical Laboratory
Major laboratory equipment has been purchased and is awaiting completion of the civil works, which began last week. The laboratory structure will be built with drywall and concrete, and is currently in the foundation and slab preparation stage. The facility will cover 200 m² and will analyze both plant and mine samples.
Image 12: Construction of concrete slab and sanitary installations for laboratorySecurity Perimeter Wall
The first 370 meters of prefabricated concrete wall have been installed, representing 20% completion of the total perimeter. The wall is expected to be fully completed by year-end.
Images 13: Perimeter Wall Construction ProgressImages 14: Perimeter Wall Construction ProgressJohn Thomas, CEO of PPX Mining Corp. commented: "The ongoing progress we are achieving at the Igor Plant reflects the dedication of our entire team and our commitment to transforming PPX into a fully integrated gold producer. Construction is advancing across all key areas, from leaching and milling to auxiliary facilities, ensuring that every component meets the highest technical and environmental standards. This is an important phase for PPX as we build the foundation for future gold and silver production growth and create lasting value for our shareholders, employees, and local communities."
About PPX Mining Corp:
PPX Mining Corp. (TSX.V: PPX.V, SSE: PPX, BVL: PPX) is a Canadian exploration and development company with assets in northern Peru. The Company's 100% owned Igor gold and silver project is located in the prolific northern Peruvian gold belt in the department of La Libertad. PPX is pursuing a two-pronged strategy to further develop and explore Project Igor. The Callanquitas structure is open along strike and at depth. Parallel structures have not yet been explored. The new discoveries in Portachuelos in 2018, as well as the exploration targets in Domo and Tesoros, show that the Igor Project is becoming a district-scale project with multiple deposits and mineralized zones. Evaluating mineral development alternatives in parallel with exploration drilling will provide dual catalysts for growth and increased shareholder value.
All scientific and technical information in this press release has been reviewed and approved by John Thomas, P. Eng., who is the CEO of the Company and a qualified person under the definitions established by National Instrument 43-101.
On behalf of the Board of Directors
John Thomas
Chief Executive Officer
82 Richmond Street East
Toronto, Ontario M5C 1P1
Canada
416-361-0737
Neither 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
This press release contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") as such terms are defined by applicable securities laws, including, but not limited to statements regarding test results, future plans or management estimates. Forward-looking statements are statements that relate to future events. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as "anticipate," "believe," "plan," "estimate," "expect," and "intend,", statements that an action or event "may," "might," "could," "should," or "will" be taken or occur, or other similar expressions. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control, and the Company's actual results could differ materially from those stated or implied in forward-looking statements due to many various factors. Such uncertainties and risks include, among others, delays in obtaining or inability to obtain required regulatory approvals in connection with this transaction. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur. The timing of events and circumstances and actual results could differ materially from those projected in the forward-looking statements. Accordingly, one should not place undue reliance on forward- looking statements. All forward-looking statements contained in this press release are made as of today's date, and the Company undertakes no obligation to update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.
SOURCE: PPX Mining Corp.
2025-11-12 20:375mo ago
2025-11-12 15:305mo ago
Valorem Reply recognized as Winner of 2025 Microsoft Inclusion Changemaker Partner of the Year
TURIN, Italy--(BUSINESS WIRE)--Valorem Reply, the Reply Group company specializing in Microsoft technologies and AI-driven, cloud-native solutions, announced today it has won the 2025 Microsoft Inclusion Changemaker Partner of the Year Award. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.
“We’re proud of Valorem Reply for earning this recognition,” said Filippo Rizzante, CTO at Reply. “Their work exemplifies our shared commitment to inclusion and to using technology as a catalyst for opportunity and meaningful change. This award reflects the dedication and creativity of the Valorem Reply team, who continue to demonstrate how innovation and inclusivity can come together to make a lasting impact and how technology can be harnessed for social good.”
The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered outstanding Microsoft Cloud applications, services, devices, and AI innovation during the past year. Awards were classified in various categories, with honorees chosen from more than 4,600 nominations across more than 100 countries. Valorem Reply was recognized for providing outstanding solutions and services in the Inclusion Changemaker Partner of the Year Award category.
The Inclusion Changemaker Partner of the Year Award celebrates partners that lead with inclusive design, accessibility, and innovation to help customers and communities achieve more. Valorem Reply was recognized for its ability to advance digital equity and create measurable impact through inclusive solutions powered by Microsoft technologies. Valorem Reply was also named the Nonprofit Microsoft Partner of the Year in 2024.
Among its standout initiatives is the creation of a digital twin of St. Peter’s Basilica, developed in collaboration with Microsoft, Iconem and Sagepath Reply, which leverages AI and immersive 3D visualization to preserve cultural heritage and make one of the world’s most iconic landmarks accessible to audiences everywhere.
“Congratulations to all the winners and finalists of the 2025 Microsoft Partner of the Year Awards,” said Nicole Dezen, Chief Partner Officer and Corporate Vice President at Microsoft. “This year, our partners harnessed the transformative power of Microsoft’s Cloud and AI platforms to deliver transformative solutions that redefine the boundaries of innovation. The energy and ingenuity across our ecosystem continue to inspire us. The 2025 honorees exemplify what’s possible when technology and vision unite to empower customers around the world.”
In addition to being named the Inclusion Changemaker Partner of the Year, Reply was also recognized as the Americas SI Emerging Partner of the Year, thanks to Root16 Reply, a company specializing in Microsoft CRM consulting and system integration.
The 2025 Microsoft Partner of the Year Awards are announced ahead of Microsoft Ignite, which will be held in San Francisco from November 18–21. Additional details on the 2025 awards are available on the Microsoft Partner blog: https://aka.ms/2025POTYA_Announcement. The complete list of categories, winners and finalists can be found at https://aka.ms/2025POTYAWinnersFinalists.
Reply
Reply [EXM, STAR: REY, ISIN: IT0005282865] specialises in the design and implementation of solutions based on new communication channels and digital media. As a network of highly specialised companies, Reply supports major industrial groups in the telecom and media; industry and services; banking and insurance and public sectors in defining and developing business models enabled by the new paradigms of AI, cloud computing, digital media and the internet of things. Reply's services include: consulting, system integration and digital services. www.reply.com
Valorem Reply
Valorem Reply, part of the Reply group, is a prioritized Microsoft Cloud Solutions Partner focused on transforming businesses into intelligent enterprises and helping nonprofits achieve more with AI enabled, cloud native solutions, strategic business outcome focus and user-led design. Through our teams of elite practitioners, our passion for doing good and the power of Microsoft technologies, we securely and rapidly transform the way our clients do business. valoremreply.com
2025-11-12 20:375mo ago
2025-11-12 15:305mo ago
MeiraGTx: Latest Eli Lilly Partnership Ignites Riboswitch Technology Potential
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.
Terumo Corporation (OTCPK:TRUMY) Q2 2026 Earnings Call November 12, 2025 3:00 AM EST
Company Participants
Jin Hagimoto - CFO, CIO, GM of Accounting, Corporate Planning, Tax, IT Planning Dept. & GBS
Hikaru Samejima - Representative Director, President & CEO
Kojiro Otaka - General Manager of Corporate Planning Dept.
Conference Call Participants
Motoya Kohtani - Mizuho Securities Co., Ltd., Research Division
Hidemaru Yamaguchi - Citigroup Inc., Research Division
Takahiro Mori - Nomura Securities Co. Ltd., Research Division
Tomoko Yoshihara - UBS Investment Bank, Research Division
Tony Ren - Macquarie Research
Naoko Saito - JPMorgan Chase & Co, Research Division
Presentation
Operator
[Interpreted] Thank you for joining today's. We will be starting our financial announcement. So I'd like to first ask CFO, Hagimoto-san to talk. Then next, I'd like to hand it over to CEO to talk about the direction and the core businesses for TIS. So followed by that, we will move to the question and answer. And we will take 60 minutes for the combined presentation and the Q&A. We have simultaneous translation in Japanese and English. You can see both of them. [Operator Instructions]
We'd like to ask you some asks before we start. We will be talking about the projection of the future businesses, all of which comes with uncertainties or risks. Please the actual results may be different from our projections that we'll be presenting today.
With that, I'd like to ask Hagimoto to be talking about our financial results. Hagimoto, would you please go first?
Jin Hagimoto
CFO, CIO, GM of Accounting, Corporate Planning, Tax, IT Planning Dept. & GBS
Yes. I'm Hagimoto, the CFO. Let me walk you through the highlights of our financial results for the second quarter of the fiscal year ending March 2026. I'd like to talk about our second quarter. This is our highlights. We continue to benefit from favorable business environment. Our
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GreenFirst Forest Products Inc. (GFP:CA) Q3 2025 Earnings Call Transcript
GreenFirst Forest Products Inc. (GFP:CA) Q3 2025 Earnings Call November 12, 2025 9:00 AM EST
Company Participants
Joel Fournier - Chief Executive Officer
Peter Ferrante - Chief Financial Officer
Michel Lessard - President
Presentation
Operator
Good morning, ladies and gentlemen, and welcome to GreenFirst's Third Quarter of 2025 Results Conference Call. [Operator Instructions]
During this conference call, GreenFirst representatives will be making certain statements about future financial and operational performance, business outlook and capital plans. These statements may contain forward-looking information or forward-looking statements within the meaning of Canadian securities law. Such statements involve certain risks, uncertainties and assumptions, which may cause GreenFirst's actual or future results and performance to be materially different from those expressed or implied in these statements. Additional information about these risks, factors and assumptions is included in GreenFirst's MD&A and annual AIF, which can be accessed on the company website or through SEDAR. [Operator Instructions]
I will now pass it over to Joel Fournier to begin the management presentation.
Joel Fournier
Chief Executive Officer
Thank you very much, Joanne, and good morning, everyone, and welcome to our Q3 2025 earnings call. I'm Joel Fournier, the Chief Executive Officer of GreenFirst. Today, I'm joined by Peter Ferrante, CFO; and Michel Lessard, our President. So we ended up the quarter with a negative EBITDA of $47.2 million. However, the loss is mainly due to selected adjustments. First, we had a $33.8 million duty adjustment related to an underpayment from AR6 for duty paid in 2023. The second item is we recorded an NRV provision of $8.2 million as market dropped sharply from [ $508 per thousand ] board feet in July right down to $420 by the end of September. And the third item is we had to take a downtime at our Chapleau mill to install the new saw line, and this impacted the results by $4.6 million.
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Vista Energy, S.A.B. de C.V. (VIST) Analyst/Investor Day Transcript
Vista Energy, S.A.B. de C.V. (VIST) Analyst/Investor Day November 12, 2025 9:00 AM EST
Company Participants
Alejandro Cherñacov - Co-Founder and Strategic Planning & Investor Relations Officer
Miguel Galuccio - Founder, Chairman & CEO
Gabriela Prete
Matias Weissel - Chief Operations Officer
Juan Garoby - Co-founder & CTO
Pablo Manuel Vera Pinto - Co-Founder & CFO
Conference Call Participants
Alejandro Anibal Demichelis - Jefferies LLC, Research Division
Claudia Rivera Morillo - Santander Investment Securities Inc., Research Division
Leonardo Marcondes - BofA Securities, Research Division
Thiago Casqueiro - Morgan Stanley, Research Division
Tasso Vasconcellos - UBS Investment Bank, Research Division
Vicente Falanga Neto - Banco Bradesco BBI S.A., Research Division
Andres Cardona Gómez - Citigroup Inc. Exchange Research
Bruno Montanari - Morgan Stanley, Research Division
Michael Furrow - Pickering Energy Partners LP
George Gasztowtt
Juan Muñoz - Banco BTG Pactual S.A., Research Division
Ignacio Sabelle Ramirez - Itaú Corretora de Valores S.A., Research Division
Matías Cattaruzzi
Oriana Covault - Balanz Capital Valores S.A.U., Research Division
Francisco Javier Cascarón
Presentation
Operator
Good morning, and welcome to Vista's 2025 Investor Day. Today's call is being recorded. [Operator Instructions] This event is hosted by Vista's executive team and attended by sell-side analysts on site. [Operator Instructions] I would now like to turn the conference call over to Vista's Co-Founder, Strategic Planning and Investor Relations Officer, Mr. Alejandro Chernacov. Sir, please go ahead.
Alejandro Cherñacov
Co-Founder and Strategic Planning & Investor Relations Officer
Good morning, everyone. And thank you for joining us. We are pleased to welcome you to Vista's 2025 Investor Day, our third since we started operations back in 2018. Today, we will update you on Vista's progress since our last Investor Day, explaining how we have set the stage for our next phase of profitable growth and present our new 2026 to 2028 targets.
Before we begin, let me remind you that today's presentations and our responses during the Q&A
Synchrony Financial (SYF) KBW Fintech Payments Conference 2025 November 12, 2025 10:10 AM EST
Company Participants
Brian Wenzel - Executive VP & CFO
Conference Call Participants
Sanjay Sakhrani - Keefe, Bruyette, & Woods, Inc., Research Division
Presentation
Sanjay Sakhrani
Keefe, Bruyette, & Woods, Inc., Research Division
All right. I'm going to keep us on time. Joining us next is Brian Wenzel, CFO of Synchrony. Brian has over 25 years at Synchrony and its predecessor, GE Capital. Prior to becoming CFO in 2019, he held key roles, including Deputy CFO and CFO of the Retail Card business. So thank you, Brian, for joining us today.
Brian Wenzel
Executive VP & CFO
Sanjay, thanks for the invitation. Great to be here.
Question-and-Answer Session
Sanjay Sakhrani
Keefe, Bruyette, & Woods, Inc., Research Division
So I saw your monthly data this morning, and it looks like the consumer continues to be resilient in the back of this choppy macro backdrop. Maybe you could just talk a little bit about what you're seeing in the portfolio and just in the back of -- like we get a lot of mixed signals on the economy. How is your consumer holding up so well?
Brian Wenzel
Executive VP & CFO
Yes. Listen, we were pleased, obviously, with the results this morning. When you think about credit -- and to go back to that story, Sanjay, in mid-2023 and into 2024, we took credit actions, right, because we did not want to be in a situation where our losses were outside of our target underwriting zone. It's not a good use of capital for us. It's not efficient. And we generally are not going to chase growth. So we put credit actions in place. I think if you look at those trends and how those trends have performed, it's done remarkably well and arguably probably better than some of our expectations.
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2025-11-12 15:345mo ago
F.N.B. Corporation Declares Cash Dividend of $0.12 on Common Stock
, /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced its Board of Directors declared a quarterly cash dividend of $0.12 per share on its common stock. The dividend is payable on December 15, 2025, to shareholders of record as of the close of business on December 1, 2025.
About F.N.B. Corporation
F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia. FNB's market coverage spans several major metropolitan areas including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina; and Charleston, South Carolina. The Company has total assets of $50 billion and approximately 350 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C. and Virginia.
FNB provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network which is led by its largest affiliate, First National Bank of Pennsylvania, founded in 1864. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, government banking, business credit, capital markets and lease financing. The consumer banking segment provides a full line of consumer banking products and services, including deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services. FNB's wealth management services include asset management, private banking and insurance.
The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at www.fnbcorporation.com.
SOURCE F.N.B. Corporation
2025-11-12 20:375mo ago
2025-11-12 15:365mo ago
OPEN's Turnaround Story Gains Momentum Amid Fresh Catalysts
Key Takeaways Opendoor has a new CEO with an impressive track record.A $1 million insider buy will provide alignment and conviction to investors.Opendoor benefits from improving operational efficiency & macro tailwinds.
OPEN’s Turnaround Story Gains Momentum Amid Fresh CatalystsI first wrote about Opendoor Technologies ((OPEN - Free Report) ) at ~$2.50 per share on August, 4th 2025. In the article, I detailed the bull case for the stock and why hedge fund manager Eric Jackson’s comparison to one of the biggest winners of the past cycle, Carvana ((CVNA - Free Report) ), made perfect sense. At the time each stock began its meteoric rise, both were beaten-down, working to digitize legacy markets, and gained a meme or cult-like stock following. Since then, OPEN shares have soared to a double-digit level before recently retreating. Over the past few months, the stock price has not the only thing that has changed at Opendoor. Although Wall Street investors are beginning to pay attention to the stock, several new bullish catalysts have emerged, suggesting it deserves a much higher share price. Below are four new bullish catalysts for the stock:
Kaz Nejatian Becomes Opendoor CEOOpendoor investors have had to endure several management and CEO shakeups over the past few years, leading to uncertainty and lack of direction. However, on September 10th, Opendoor Technologies appointed Kaz Nejatian as its CEO. Nejatian’s track record speaks for itself. Before joining OPEN, Nejatian was the Chief Operating Officer and Vice President of Product at Shopify ((SHOP - Free Report) ), one of the most successful software companies in history. Additionally, Kaz held product leadership roles at Meta Platforms ((META - Free Report) ) and was the CEO of Kash, a payment technology company acquired in 2017.
New Opendoor CEO has Skin in the GameBeyond his years of experience at America’s top tech companies, Kaz Nejatian is driving conviction in Opendoor and betting that his turnaround efforts will succeed. This week, the OPEN CEO purchased $1 million worth of OPEN shares, and now holds more than 83 million shares in total. For investors, insider buys illustrate conviction and “skin in the game.”
Opendoor’s Fundamentals are Improving RapidlyThough Nejatian has only been leading Opendoor for ~2 months, the results speak for themselves. With a focus on speed, efficiency, and AI, Opendoor has doubled its home buying pace while simultaneously cutting its operating expenses by 41%.
Trump’s 50-year Mortgage is Bullish for OpendoorRecently, the Trump Administration announced that it plans to allow banks to offer 50-year mortgages. 50-year mortgages should revitalize a sleepy housing market and provide Opendoor Technologies with more liquidity.
Bottom Line
With an accomplished CEO at the helm, improving fundamentals, and a potentially game-changing housing policy on the horizon, the pieces are falling into place for a massive breakout in OPEN shares.
2025-11-12 19:365mo ago
2025-11-12 14:085mo ago
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 per Share
RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.03 per share for each of January, February, and March 2026. Based on current dynamics, the Fund may make distributions in excess of the Fund’s distributable earnings. It is currently expected that distributions to common shareholders in 2025 will primarily constitute a return of capital for tax purposes.
Distribution MonthRecord DatePayable DateDistribution Per ShareJanuaryJanuary 15, 2026January 23, 2026$0.03FebruaryFebruary 12, 2026February 20, 2026$0.03MarchMarch 17, 2026March 24, 2026$0.03 Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Because the Fund’s current monthly distributions are subject to modification by the Board of Trustees at any time and the Fund’s income will fluctuate, there can be no assurance that the Fund will pay distributions at a particular rate or frequency. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution.
Short-term capital gains, qualified dividend income, ordinary income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. There are no capital loss carryforwards for book purposes. Therefore the Fund, on a book basis, may be distributing short term gains generated from option premiums that will not be taxable in 2026 because of the capital loss carryforwards available on a tax basis. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2026 will be made after year end and can vary from the monthly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2026 distributions in early 2027 via Form 1099-DIV.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:
Molly Marion
(914) 921-5681
The Fund’s NAV per share will fluctuate with changes in the market value of the Fund’s portfolio securities. Stocks are subject to market, economic, and business risks that cause their prices to fluctuate. Investors acquire shares of the Fund on a securities exchange at market value, which fluctuates according to the dynamics of supply and demand. When Fund shares are sold, they may be worth more or less than their original cost. Consequently, you can lose money by investing in the Fund.
Covered Call and Other Option Transaction Risks. There are several risks associated with writing covered calls and entering into other types of option transactions. For example, there are significant differences between the securities and options markets that could result in an imperfect correlation between these markets, resulting in a given transaction not achieving its objectives. In addition, a decision as to whether, when, and how to use covered call options involves the exercise of skill and judgment, and even a well-conceived transaction may be unsuccessful because of market behavior or unexpected events. As a writer of a covered call option, the Fund forgoes, during the option’s life, the opportunity to profit from increases in the market value of the security covering the call option above the exercise price of the call option, but has retained the risk of loss should the price of the underlying security decline.
About The GAMCO Global Gold, Natural Resources & Income Trust
The GAMCO Global Gold, Natural Resources & Income Trust is a non-diversified, closed-end management investment company with $888 million in total net assets whose primary investment objective is to provide a high level of current income. The Fund invests primarily in equity securities of gold and natural resources companies and intends to earn income primarily through a strategy of writing (selling) primarily covered call options on equity securities in its portfolio. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).
NYSE American – GGN
CUSIP – 36465A109
Investor Relations Contact:
Molly Marion
(914) 921-5681 [email protected]
2025-11-12 19:365mo ago
2025-11-12 14:085mo ago
SoFi: Still Very Early In A Multi-Year Growth Story
Analyst’s Disclosure:I/we have a beneficial long position in the shares of SOFI either through stock ownership, options, or other derivatives. 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.
2025-11-12 19:365mo ago
2025-11-12 14:085mo ago
Why AngloGold Ashanti Stock Is Climbing Higher Today
One analyst sees more upside for this leading gold producer.
After gold mining stock AngloGold Ashanti (AU +7.08%) reported third-quarter 2025 financial results yesterday, investors are showing their approval of the company's performance today. In addition to the company's lustrous performance, an analyst's increasingly bullish price target is motivating investors to click the buy button.
As of 12:31 p.m. ET, shares of AngloGold Ashanti have risen 6.5%.
Image source: Getty Images.
A record performance is striking a chord with gold bugs
Taking a more bullish stance on AngloGold Ashanti stock, Scotiabank hiked its price target to $92 from $90 while maintaining an outperform rating. According to The Fly, Scotiabank predicated its decision on a new model of the company's stock following the third-quarter 2025 financial results that it reported yesterday before the bell rang.
Today's Change
(
7.08
%) $
5.62
Current Price
$
84.97
With shares closing at $79.35 yesterday, the $92 price target on AngloGold Ashanti stock implies upside of about 14%.
Meeting analysts' estimates, AngloGold Ashanti reported earnings per share (EPS) of $1.32 -- a 136% year-over-year increase.
And it wasn't only the income statement where the company glittered. AngloGold Ashanti reported a quarterly record for free cash flow: $920 million. This, in turn, helped the company to strengthen its balance sheet. Whereas AngloGold Ashanti had an adjusted net debt position of $92 million at the end of the second quarter 2025, the balance sheet sported an adjusted net cash position of $450 million at the end of Q3 2025.
Should gold investors dig into AngloGold Ashanti stock even after its rise?
While it's worth noting the Scotiabank's price target, it's important to remember that analysts often have shorter investing horizons than the long-term holding periods that The Motley Fool favors.
Nonetheless, those interested in gold exposure would be better advised to pick up shares of AngloGold Ashanti right now, as its dividend has a 2% forward yield, providing a chance to procure some passive income instead of the lack of opportunity that simply holding gold bullion affords.
Scott Levine has no position in any of the stocks mentioned. The Motley Fool recommends Bank Of Nova Scotia. The Motley Fool has a disclosure policy.
When it comes to inflows this year, Vanguard continues to prove it’s in a league of its own. The ETF juggernaut has amassed $315.9 billion in inflows as of November 11, which is 30% higher compared to the same time a year ago. Year-to-date inflows have already eclipsed the full year’s inflows the previous year, and there’s still a month and a half left to go.
As noted by Morningstar, the heavy hitters for Vanguard this year were unsurprisingly the Vanguard S&P 500 ETF (VOO), followed by the Vanguard Total Stock Market ETF (VTI). Both funds are prime examples of Vanguard’s long-standing strategy of offering low-cost passive funds.
The Hunt for Green October
Morningstar data also showed that October was a record month for Vanguard, with over $50 billion inflows. However, the full ETF marketplace also saw $166 billion in net new assets, which is a record number for ETFs as a whole.
Categorically, U.S. equity ETFs took in the lion’s share of flows while taxable bond funds came in second place. International ETFs also saw a strong month, proving that more investors continue to look overseas for opportunities.
Adding to the green October was also a record month for new launches as noted by Nate Geraci during an episode of ETF Prime. TMX Vettafi’s Head of Research Todd Rosenbluth also joined Geraci to discuss the record October as well as other trends happening in the ETF market.
Still a Passive Power Player (for Now)
Additional data from Morningstar earlier this year showed that Vanguard has been staying true to form with its commanding market presence in passive funds. However, the ETF provider is starting to make a marked shift into the active space as of late.
In the fixed income arena, Vanguard has already bolstered their active ETF offerings in 2025. It rolled out the Vanguard Short Duration Bond ETF (VSDB), the Vanguard Multi-Sector Income Bond ETF (VGMS), and the Vanguard Government Securities Active ETF (VGVT) earlier this year. The newest addition to the active ETF roster is the Vanguard High-Yield Active ETF (VGHY).
Vanguard’s active fixed income funds give advisors and investors the full backing of the vaunted Fixed Income Group. The fixed income market carries its own idiosyncrasies and complexities, making active management almost imperative in today’s marketplace. Whether it’s getting core bond exposure, maximizing yield, or other reasons, there’s an active Vanguard fixed income ETF that can suit a portfolio.
For more news, information, and analysis, visit the Fixed Income Content Hub.
Before proceeding, I would like to emphasize that the forward-looking statements are based on the beliefs and assumptions of the company's management and the current information available to GOL. These statements may involve risks and uncertainties as they relate to future events and therefore, depends on circumstances that may or may not occur in the future. All listeners should consider that events related to the macroeconomic scenario, the environment, the segment and other factors could cause results to differ materially from those expressed in the respective forward-looking statements.
I will now give the floor to Mr. Adrian Neuhauser, CEO of ABRA Group. Please, Mr. Adrian, the floor is yours.
Adrian Neuhauser
Good morning, everyone, and thank you for joining us for GOL's third quarter 2025 results. I'm Adrian Neuhauser, CEO of ABRA Group, and I'm tremendously pleased to be here as GOL delivers its first full quarter results after emerging from Chapter 11. Since completing the Chapter 11 bankruptcy process in June, GOL has been relentlessly focused on executing on its plan. The airline is flying a more robust, more efficient network with an optimized fleet plan and a streamlined cost base. This quarter's performance underscores that path, healthy top line, expanding margins and faster
Gilat Satellite Networks Ltd. (GILT) Q3 2025 Earnings Call November 12, 2025 9:30 AM EST
Company Participants
Adi Sfadia - Chief Executive Officer
Gil Benyamini - Chief Financial Officer
Conference Call Participants
Ryan Koontz - Needham & Company, LLC, Research Division
Louie Dipalma - William Blair & Company L.L.C., Research Division
Christopher Quilty - Quilty Space Inc., Research Division
Presentation
Operator
Ladies and gentlemen, thank you for standing by. Welcome to Gilat's Third Quarter 2025 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded, November 12, 2025. By now, you should have all received the company's press release. If you have not received it, please view it in the News section of the company's website, www.gilat.com.
I would now like to hand over the call to Ms. Jody Burfening of Alliance Advisors IR. Ms. Burfening, please go ahead.
Unknown Executive
Thank you, Hilla, and good morning, everyone. Thank you for joining us for Gilat Satellite Networks earnings conference call for the third quarter of 2025. With us on the call today are Mr. Adi Sfadia, Gilat's CEO; and Mr. Gil Benyamini, Gilat's Chief Financial Officer.
Before turning the call over to management, I would like to remind everyone that some statements made during this conference call contain forward-looking statements based on current expectations. Actual results could differ materially from those projected as a result of various risks and uncertainties. Potential risks and uncertainties could cause actual results to differ materially include global economic conditions, reductions in revenues from key customers, delays or reductions in U.S. and foreign military spending, acceptance of our new products on a global basis and disruptions or delays in our supply of raw materials and components due to business conditions, global conflicts, weather or other factors not under our control.
NorthWest Healthcare Properties Real Estate Investment Trust (NWH.UN:CA) Q3 2025 Earnings Call November 12, 2025 10:00 AM EST
Company Participants
Alyssa Barry
Zachary Vaughan - CEO & Non-Independent Trustee
Stephanie Karamarkovic - Chief Financial Officer
Michael Brady - President
Conference Call Participants
Himanshu Gupta - Scotiabank Global Banking and Markets, Research Division
Sairam Srinivas - Cormark Securities Inc., Research Division
Tom Callaghan - BMO Capital Markets Equity Research
Giuliano Thornhill - National Bank Financial, Inc., Research Division
Pammi Bir - RBC Capital Markets, Research Division
Presentation
Operator
Welcome to the Northwest Healthcare Properties REIT Third Quarter Earnings Conference Call. [Operator Instructions] This call is being recorded today, Wednesday, November 12, 2025.
I would now like to turn the conference over to Alyssa Barry, Investor Relations for Northwest. Please go ahead.
Alyssa Barry
Thank you, operator. Good morning, everyone, and welcome to Northwest's Q3 conference call. This call is being recorded, and the replay will be made available on our website at www.nwhreit.com.
Today's discussion includes forward-looking statements. As always, we want to caution you that such statements are based on management's assumptions and beliefs. These forward-looking statements are subject to uncertainties and other factors that could cause actual results to differ materially from such statements. Please see our public filings on SEDAR+, including our MD&A and annual information form for a discussion of these risk factors.
Please note, all currencies referenced today are in Canadian dollars unless otherwise stated. Our Q3 investor presentation, which is available on the Investor Relations section of our website, provides more detail on Q3 portfolio performance, financial metrics and our accomplishments.
Presenting on today's call are Zach Vaughan, our CEO; Stephanie Karamarkovic, our CFO; and we have Mike Brady, our President; and Tracey Whittall, our COO, here to present as well and available for the question-and-answer session.
I will
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General Mills, Inc. (GIS) Presents at J.P. Morgan U.S. Opportunities Forum Transcript
General Mills, Inc. (GIS) J.P. Morgan U.S. Opportunities Forum November 12, 2025 10:50 AM EST
Company Participants
Jeffrey Harmening - Chairman & CEO
Conference Call Participants
Thomas Palmer - JPMorgan Chase & Co, Research Division
Presentation
Thomas Palmer
JPMorgan Chase & Co, Research Division
Good morning. I'm Tom Palmer, the food analyst at JPMorgan. With me today is the CEO of General Mills, Jeff Harmening. General Mills is a leading packaged food company in the U.S. It produces and markets a wide range of products, including General Mills cereal, Pillsbury doughs and Blue Buffalo pet food. Jeff has been with General Mills since 1994 and CEO since 2017. Jeff, thanks for joining us today.
Jeffrey Harmening
Chairman & CEO
Yes. Thanks for having me.
Question-and-Answer Session
Thomas Palmer
JPMorgan Chase & Co, Research Division
It's been a dynamic environment in the food space over the past few years, including over the past month or so. Maybe we could just start off with an update on trends and expectations as you see them for General Mills.
Jeffrey Harmening
Chairman & CEO
Yes. Thanks. I've been CEO for 8.5 years. I think it's been dynamic for the last 8.5 years or so. And as you say, the last month or so is no different. As I think about the current environment and reflect back a couple of years before the current environment, I think as I think about it, we started with kind of record levels of inflation and to the extent of more than 30% over 2 years. And with consumer wages not keeping up with that inflation and not only for food for a whole number of industries. And so I think that's the backdrop for what we're seeing today, which is consumers that have struggled over the past few years on a whole variety of fronts to keep their wage growth
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DATA Communications Management Corp. (DCM:CA) Q3 2025 Earnings Call Transcript
Q3: 2025-11-11 Earnings SummaryEPS of $0.00 beats by $0.02
|
Revenue of
$105.37M
(-3.09% Y/Y)
beats by $1.94M
DATA Communications Management Corp. (DCM:CA) Q3 2025 Earnings Call November 12, 2025 9:00 AM EST
Company Participants
James Lorimer - CFO & Corporate Secretary
Richard Kellam - CEO & Director
Conference Call Participants
Noel Atkinson - Clarus Securities Inc., Research Division
Chris Thompson - eResearch Corporation
Daniel Rosenberg - Paradigm Capital Inc., Research Division
Presentation
James Lorimer
CFO & Corporate Secretary
Good morning, ladies and gentlemen. Thank you for standing by, and welcome to the DCM Third Quarter Fiscal 2025 Financial Results Conference Call. My name is James Lorimer, the CFO of DCM, and I'm pleased to be hosting today's call. Joining me on the call today is Richard Kellam, our President and Chief Executive Officer.
Following our prepared remarks, we will be moderating a Q&A session. As a reminder, this conference call is being broadcast live and recorded. We'd also like to remind everyone that Richard and I are available after the call for any follow-up questions that you may have.
Before we begin, I'll remind everyone that we will be referring to forward-looking information on today's call. This information is subject to certain risks and uncertainties as outlined in the forward-looking information disclosure in our press release and more fully within our public disclosure filings on SEDAR+.
We will post a brief message from Richard along with highlights of our results in our -- on Q3 2025 on our website in the form of an infographic. This presentation will also be added to our website for your reference, along with the post-view recording and transcript. Our detailed information is available on our website and SEDAR+. Please follow us on LinkedIn to keep up to date with other business developments.
And I'll now turn the call over to Richard.
Richard Kellam
CEO & Director
Thank you, James, and good morning to our shareholders. Any
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Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 per Share
RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on December 19, 2025 to common stock shareholders of record on December 12, 2025.
The Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The average net asset value of the Fund is based on the average net asset values as of the last day of the four preceding calendar quarters during the year. The net asset value per share fluctuates daily.
We note that 10% of the average net asset value of the Fund would be $0.54 based on the ending net asset values per share as of December 31, 2024, March 31, 2025, June 30, 2025, and September 30, 2025 of $5.24, $5.15, $5.41, and $5.61, respectively. In declaring a distribution of $0.15 per share, the Board of Directors has chosen to distribute $0.06 greater than that called for by the distribution policy. The net asset value per share fluctuates daily.
The Board of Directors will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. The Fund’s distribution policy is subject to modification by the Board of Directors at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income ta4x rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income", which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.
If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.
Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2025 would include approximately 6% from net investment income, 51% from net capital gains and 43% would be deemed a return of capital on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:
Molly Marion
(914) 921-5681
About The Gabelli Equity Trust
The Gabelli Equity Trust Inc. is a diversified, closed-end management investment company with $2.1 billion in total net assets whose primary investment objective is long-term growth of capital. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).
NYSE – GAB
CUSIP – 362397101
Investor Relations Contact:
Molly Marion
(914) 921-5681 [email protected]
LONDON, ENGLAND - JANUARY 22: A selection of "Roblox" toys are seen on a display at the annual "Toy Fair" at Olympia London (Photo by Leon Neal/Getty Images)
Getty Images
Roblox (RBLX)’s stock has soared nearly 92% over the past year, fueled not only by accelerating revenue but also by renewed investor enthusiasm that has effectively doubled its valuation multiple. The rally has been underpinned by robust user growth, expanding partnerships, and innovative strategies that continue to redefine the creator economy.
However, shares have recently pulled back following a softer-than-expected earnings report and cautious near-term guidance. The market’s reaction reflects temporary concerns about expense growth and margin recovery rather than any deterioration in core fundamentals. Underneath the volatility, Roblox’s expanding user base, rising bookings, and improving monetization initiatives reinforce its long-term growth potential. For patient investors, the recent dip could represent an appealing opportunity to build exposure to a platform steadily evolving into a cornerstone of the social and creative economy.
Let’s delve into the narrative behind this momentum.
metrics
Trefis
What is unfolding here? The stock price soared 92%, propelled by a 33% increase in revenue and a 55% enhancement in the P/S multiple. Let’s explore the significant events that led to these changes.
Before we delve into the specifics of the events that caused the stock surge, let’s see what market wisdom suggests: Investing in a single stock can be risky, but a broader, diversified strategy can provide substantial value. Quiz time: Over the last 5 years, which index do you believe the Trefis High Quality Portfolio has outperformed — the S&P 500, the S&P 1500 Equal Weighted, or both? You might be surprised by the answer. Discover how our advisory framework equips you to stack the odds in your favor.
Here Is Why Roblox Stock Moved
User & Engagement Growth: Q3 2025 DAUs increased 70% YoY to 151.5M, with hours engaged rising by 91%. Consistent user growth.Strong Revenue & Bookings: Q3 2025 bookings jumped 70% YoY to $1.9B. Q3 2025 revenue climbed 48% YoY. Robust financial growth.Enhanced Creator Economy: DevEx payout to creators increased by 85% in Q3 2025, elevating creator earnings over $1B in a 12-month period.Strategic Partnerships: Shopify integration for physical goods (early 2025) and an IP licensing platform were launched.Product Innovations: New AI tools, 100K player servers, and avatar technology were revealed at RDC 2024/2025.Our Current Assessment Of RBLX Stock
Opinion: We currently view RBLX stock as relatively expensive. Why is that? Take a look at the complete story. Read Buy or Sell RBLX Stock to understand what shapes our present viewpoint.
Risk: A reliable method to evaluate RBLX’s risk is to review its most significant declines during market upheavals. It dropped approximately 83% from peak to trough during the 2022 inflation crisis alone. That’s a notable reduction, notwithstanding all the positive growth factors surrounding the stock. Although solid fundamentals are important, history indicates that during major sell-offs, RBLX can still experience substantial losses. Therefore, even if the current situation appears robust, be prepared for sudden downturns if broader market stress occurs.
RBLX stock may have enjoyed significant gains recently, but investing in a single stock without thorough, detailed analysis carries risks. The Trefis High Quality (HQ) Portfolio, featuring a selection of 30 stocks, has a history of consistently outperforming its benchmark, which includes all three indices — the S&P 500, S&P mid-cap, and Russell 2000. What accounts for this? As a collective, HQ Portfolio stocks have delivered superior returns with lesser risk compared to the benchmark index; resulting in a smoother investment experience, as demonstrated in HQ Portfolio performance metrics.
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PODD Vs. Intuitive Surgical: This Underdog Might Just Win
(Photo by Kirk Mckoy/Los Angeles Times via Getty Images)
Los Angeles Times via Getty Images
When it comes to surgical innovation, Intuitive Surgical (NASDAQ: ISRG) often dominates investor attention. But Insulet Corporation (NASDAQ: PODD), best known for its Omnipod insulin delivery system, is emerging as a compelling alternative in the health care equipment space. While both companies are leaders in their respective niches, the market seems to be overlooking PODD’s accelerating fundamentals and relative value — setting the stage for an intriguing underdog story.
PODD stands out in this matchup by offering:
1) A lower valuation (P/OpInc) in comparison to Intuitive Surgical stock
2) Yet, a greater growth rate in revenue and operating income
This discrepancy between valuation and performance suggests that purchasing PODD stock might be a more advantageous choice than acquiring ISRG stock
ISRG stock is volatile. Conversely, a balanced asset allocation is not. Trefis’ wealth management partner in Boston integrates strategy and discipline to mitigate market fluctuations.
Comparison of Key Metrics
other metrics
Trefis
But do these figures data present the entire picture? Read Buy or Sell ISRG Stock to determine if Intuitive Surgical continues to have a competitive advantage that withstands scrutiny. For context, Intuitive Surgical (ISRG) offers groundbreaking surgical systems that enable physicians to conduct sophisticated minimally invasive operations, enhancing both quality and accessibility of healthcare on a global scale.
This is merely one method of assessing investments. Trefis High Quality Portfolio considers a wider range of factors and is crafted to minimize stock-specific risk while providing growth potential.
Is The Stock Price Discrepancy Only Temporary?
A method to ascertain whether Intuitive Surgical stock is currently overpriced compared to other tickers would be to examine how these metrics compared across different companies exactly one year ago. Specifically, if there has been a significant change in the trend for Intuitive Surgical over the past 12 months, it suggests that the present discrepancy may revert. Conversely, a persistent decline in revenue and operating income growth for Intuitive Surgical would strengthen the view that the stock is overvalued relative to its competitors and may not recover soon.
Key Metrics Compared 1 Year Ago
metrics y-o-y
Trefis
Further Metrics to Consider
additional metrics
Trefis
While buying based on valuation might seem appealing, it's critical to assess it thoroughly from various perspectives. This multi-faceted analysis is precisely how we create Trefis portfolio strategies. If you seek growth with a more stable experience than an individual stock, consider the High Quality portfolio, which has outperformed its benchmark – a mix of the S&P 500, Russell, and S&P midcap indices.
2025-11-12 19:365mo ago
2025-11-12 14:165mo ago
AMD Price News: Stock Eyes $390 After 200-Day EMA Rebound
Key Points:AMD’s CEO implies that revenue growth will accelerate in the next few years.At a forecasted adjusted EPS of $20, AMD would be trading at 13x its earnings right now.An ascending price channel has formed and, based on the current trajectory, AMD could hit $390 in the next few months.
Advanced Micro Devices (AMD) has gone up by nearly 11% today after the company shared its long-term growth targets with analysts, just a few days after publishing its quarterly earnings.
“AMD is entering a new era of growth fueled by our leadership technology roadmaps and accelerating AI momentum,” commented the head of the company, Lisa Lu, during the conference.
Lu highlighted that the firm intends to grow its revenues at a compounded annual growth rate of 35% while it expects to reach the $20 mark in its non-GAAP earnings per share (EPS).
This would mean that AMD is trading at 13x its forecasted earnings, if Lu’s projections come to fruition. This is quite a conservative estimate for a company that has managed to keep growing its top-line results at an accelerated pace in the past few years.
CEO Lu Believes Revenues Will Grow at an Even Faster Pace
High demand from data centers and other infrastructure providers connected to the rapidly growing artificial intelligence (AI) industry will be the driving force behind this positive performance.
“With the broadest portfolio of products and our deepening strategic partnerships, AMD is uniquely positioned to lead the next generation of high-performance and AI computing. We see a tremendous opportunity ahead to deliver sustainable, industry-leading growth. We have never been better positioned,” Lu further commented.
Under her leadership, the company has managed to double its revenue from $16.4 billion to $32 billion, resulting in an 18.2% CAGR. Based on these projections, Lu actually expects that growth will accelerate, rather than slowing down.
Most analysts have maintained their 12-month price targets for the stock despite the latest news. On November 4, the company shared its quarterly results covering the third quarter of 2025.
Back then, they beat analysts’ consensus estimate for the period by a few cents but also delivered total revenues that were 4% above the market’s expected figure.
This may have been the reason why the rally has kept going, as the market has adjusted its forecasts based on the latest available data.
AMD Found Support at Its 200-Day EMA and Could Do It Again
Looking at the daily chart, we can see that AMD found strong support at the 200-day exponential moving average and formed a nice floor at that level that has given birth to an ascending price channel.
AMD Daily Price Chart – Source: TradingView
The price is now 19.5% away from its 200-day mean, emphasizing that buying interest has accelerated lately. This technical line would be the key support to watch down the road in case of a pullback.
The odds of a retreat are high in the near term, especially if AMD fails to climb above its current all-time high. The $215 area seems like the ideal entry for a late buyer.
The Relative Strength Index (RSI) in this time frame shows signs of a bearish divergence as the price has kept climbing even though positive momentum has slowed down.
If the price action maintains its current trajectory, we could expect a move to $390 in the mid-to-long term, especially following these bullish comments from the CEO in regards to the company’s revenue growth projections.
This would translate into an 81% upside potential for those who are patient enough to wait for that downward push to $215.
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Alejandro Arrieche specializes in drafting news articles that incorporate technical analysis for traders and possesses in-depth knowledge of value investing and fundamental analysis.
Editors’ Picks
NASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Pulls Back Amid Valuation Concerns
RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of January, February, and March 2026.
Distribution MonthRecord DatePayable DateDistribution Per ShareJanuaryJanuary 15, 2026January 23, 2026$0.05FebruaryFebruary 12, 2026February 20, 2026$0.05MarchMarch 17, 2026March 24, 2026$0.05 Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. If necessary, the Fund will pay an adjusting distribution in December which includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The Fund’s distribution policy is subject to modification by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund. The Gabelli Utility Trust has paid a distribution to shareholders every month since October 1999.
The Fund’s shares are currently trading at a premium to net asset value. The Board of Trustees believes that the premium at which the Fund shares trade relative to net asset value is not likely to be sustainable. Shareholders participating in the Fund’s dividend reinvestment plan should note that at the current market price, the reinvestment of distributions occurs at a premium to net asset value.
All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income", which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.
If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.
Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2025 would include approximately 11% from net investment income, 11% from net capital gains and 78% would be deemed a return of capital on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the monthly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:
David Schachter
(914) 921-5057
About The Gabelli Utility Trust
The Gabelli Utility Trust is a diversified, closed-end management investment company with $332 million in total net assets whose primary investment objective is to seek long-term growth of capital and income by investing primarily in utility companies involved in the generation and distribution of electricity, gas, and water. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).
THE GABELLI UTILITY TRUST
Investor Relations Contact:
David Schachter
(914} 921-5057 [email protected]
NYSE – GUT
CUSIP – 36240A101
2025-11-12 19:365mo ago
2025-11-12 14:205mo ago
This Sneaker Company Says You Shouldn't Expect 'Black Friday' Discounts
Key Takeaways
On Holding's quarterly net sales were up 25% year-over-year, beating expectations.The Roger Federer-backed footwear company raised its full-year outlook again, projecting 34% sales growth. But executives also said not to expect deep discounts this holiday season.
Consumers continue to snap up On Holding’s premium sneakers. But they shouldn't expect them to get cheaper this holiday season.
Shares of On Holding (ONON) soared more than 20% in Wednesday trading after the Roger Federer-backed Swiss sneaker maker reported better-than-expected third-quarter results and raised its full-year outlook yet again. On posted adjusted earnings of 0.43 Swiss francs ($0.54) per share on net sales that jumped 25% year-over-year to 794.4 million Swiss francs ($994.2 million). Analysts polled by Visible Alpha had expected CHF 0.28 and CHF 770.4 million, respectively.
The company lifted its guidance for a third straight quarter. It now expects full-year sales to grow by 34% on a constant-currency basis, up from at least 31%; gross profit margin of around 62.5%, up from 60.5% to 61%; and adjusted EBITDA margin above 18.0%, up from 17.0% to 17.5%.
On co-founder and executive co-chairman Caspar Coppetti told CNBC the company won't be offering Black Friday deals and will be "full price through the holiday season." CEO Martin Hoffmann— Investopedia interviewed him earlier this year—said that On's "focus on premium, on full-price sales, on innovation, on that intersection between performance and design is just resonating very strongly with the consumer, and it’s really setting ourselves apart."
Some market watchers have suggested that consumers broadly shouldn't expect the holiday season to be rich with deals this year.
Why This Matters
On Holding is leveraging its premium brand positioning, direct-to-consumer channels, and celebrity partnerships to drive growth. The Swiss company is expanding its footwear and apparel lines while maintaining full-price sales through the holiday season.
Hoffmann told Investopedia earlier this year that the company's ability to set itself apart is boosting its success despite tariffs, even as the majority of its footwear is made and imported from Asia.
"Whether we’re facing tariffs or a pandemic, it’s important to know what you stand for as a brand. We’re still growing fast as a premium brand," he said. "The combination gives us many opportunities to be able to offset the impact as a company as we bring new products at a higher level of innovation and at higher price points."
By contrast, some of the company's competitors have been hit hard by tariffs.
Despite today's move higher, On's shares are still down more than 20% this year.
Do you have a news tip for Investopedia reporters? Please email us at
[email protected]
2025-11-12 19:365mo ago
2025-11-12 14:215mo ago
American Integrity Insurance Group, Inc. (AII) Q3 2025 Earnings Call Transcript
Q3: 2025-11-11 Earnings SummaryEPS of $0.71 beats by $0.07
|
Revenue of
$62.03M
beats by $2.11M
American Integrity Insurance Group, Inc. (AII) Q3 2025 Earnings Call November 12, 2025 9:30 AM EST
Company Participants
Robert Ritchie - Founder, CEO & Director
Jon Ritchie - President
Benjamin Lurie - Chief Financial Officer
Conference Call Participants
Michael Phillips - Oppenheimer & Co. Inc., Research Division
Thomas Mcjoynt-Griffith - Keefe, Bruyette, & Woods, Inc., Research Division
Charles Peters - Raymond James & Associates, Inc., Research Division
Jon Paul Newsome - Piper Sandler & Co., Research Division
Presentation
Operator
Hello, and thank you for standing by. My name is Tiffany, and I will be your conference operator today. At this time, I would like to welcome everyone to the American Integrity Insurance Group Third Quarter 2025 Earnings Conference Call.
[Operator Instructions] As a reminder, this call is being recorded. But before we begin, please note that today's remarks may contain forward-looking statements, including comments about the company's outlook, strategy, plans and expected performance. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially.
A full discussion of the risk factors can be found in the company's SEC filings, including its most recently filed quarterly report on Form 10-Q. Management undertakes no obligation to update any forward-looking statements. Furthermore, today's remarks may contain non-GAAP financial measures. A reconciliation of non-GAAP financial measures to their most comparable GAAP measures is included in the company's quarterly press release and can also be found on its website at www.aii.com.
References to American Integrity or the company prior to the consummation of the IPO refer to American Integrity Insurance Group, LLC and after the consummation of the IPO, referred to American Integrity Insurance Group, Inc. With that, I'll turn the call over to American Integrity's Founder and Chief Executive Officer, Bob Ritchie. Please go ahead.