Live financial news intelligence

Track market-moving stories before they get noisy

Real-time pulse of financial headlines curated from 5 premium feeds.

Latest market signal English
Coverage 106,580 Raw stories ingested 10,449 rewritten in CS_CZ • 3 to rewrite (last 2 days).
Agents 7 Live Pipeline agents
  • FMP Stock News Fetch every minute 16s ago
  • FMP Forex News Fetch every 5 min 16s ago
  • CoinGecko News Fetch every 5 min running now
  • FIO Stock News Fetch every 10 min 4m ago
  • Patria Stock News Fetch every 10 min 4m ago
  • Editorial rewrite Rewrite every minute 1m ago
  • Asset sync Assets every 1 hour 34m ago

Latest coverage

Market News Feed

Scan headlines quickly, then expand any story for source context.

View
Details Date Content Source
2026-06-17 07:22 1mo ago
2026-06-16 13:02 1mo ago
Yeti (YETI) Upgraded to Buy: Here's What You Should Know
YETI YETI Holdings
FMP Stock News
Original source text
Yeti (YETI - Free Report) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for Yeti basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.

For Yeti, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for YetiFor the fiscal year ending December 2026, this maker of outdoor and recreational products is expected to earn $2.87 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Yeti. Over the past three months, the Zacks Consensus Estimate for the company has increased 3.1%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Yeti to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
2026-06-17 07:22 1mo ago
2026-06-16 05:24 1mo ago
Rosen Law Firm Encourages The Ensign Group, Inc. Investors to Inquire About Securities Class Action Investigation - ENSG
ENSG The Ensign Group
FMP Stock News
Original source text
, /PRNewswire/ -- 

Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of The Ensign Group, Inc. (NASDAQ: ENSG) resulting from allegations that Ensign may have issued materially misleading business information to the investing public.

So What: If you purchased Ensign securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/the-ensign-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: On June 8, 2026, Investing.com published an article entitled "Ensign Group stock tumbles after short seller report." The article stated that Ensign shares fell after "short seller Hunterbrook released a report alleging the nursing home operator's business model relies on inadequate patient care and gaming quality metrics." Further, the article stated that Hunterbrook "published findings from a five-month investigation claiming the company's profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates. The report alleges patients have suffered and died as a result."

On this news, Ensign Group shares fell sharply in intraday trading on June 8, 2026.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions.  Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.
2026-06-17 07:22 1mo ago
2026-06-16 09:09 1mo ago
The Ensign Group (ENSG) Securities Fraud Investigation - Levi & Korsinsky
ENSG The Ensign Group
FMP Stock News
Original source text
Shares of The Ensign Group fell sharply after a short-seller report alleged systemic neglect, quality-measure gaming, and improper billing practices at the skilled nursing facility operator.

, /PRNewswire/ -- The Ensign Group (NASDAQ: ENSG) stock dropped sharply on June 8, 2026, after Hunterbrook published a detailed short-seller report alleging that the company engaged in systemic quality-measure gaming, falsified care-quality data, and improper related-party billing across its skilled nursing operations. Shareholders who lost money on their ENSG investment are encouraged to submit their information here. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

The Hunterbrook report alleged that ENSG inflated its CMS star ratings -- a metric CEO Barry Port cited on the Q1 2026 earnings call on May 1, 2026, when he stated that "85% of all of our operations are at 4- or 5-star quality measures." The report further alleged that staffing levels and care quality at ENSG facilities were materially worse than publicly represented. On the same earnings call, Port told investors the company was "seeing improvements in turnover, stable wage growth and reduced reliance on agency staffing even with increased occupancy." A securities fraud investigation was subsequently initiated.

Separately, a Form 144 filed on June 2, 2026 -- days before the Hunterbrook report was published on June 8 -- included Director Barry M. Smith's attestation that "he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed."

ENSG investors who suffered losses do not need to wait -- click here to get started with a free consultation. You may also reach Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report.

Frequently Asked Questions About the ENSG Investigation

Q: What is the ENSG securities fraud investigation about?A: A securities fraud investigation has been initiated concerning The Ensign Group (NASDAQ: ENSG) regarding potentially materially false and misleading statements about the company's quality ratings, staffing levels, and billing practices. Shares fell sharply after the Hunterbrook short-seller report was published on June 8, 2026, causing significant losses for shareholders.

Q: Who is conducting the ENSG investigation?A: Levi & Korsinsky, LLP is investigating potential securities fraud on behalf of investors who purchased ENSG securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.

Q: Who is eligible to participate in the ENSG investigation?A: Investors who purchased ENSG stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: What do ENSG investors need to do right now?A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.

Q: What if I already sold my ENSG shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought ENSG and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate?A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

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

SOURCE Levi & Korsinsky, LLP
2026-06-17 07:22 1mo ago
2026-06-16 10:46 1mo ago
Here's Why Ensign Group (ENSG) is a Strong Growth Stock
ENSG The Ensign Group
FMP Stock News
Original source text
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Ensign Group (ENSG - Free Report) Founded in 1999 and headquartered in San Juan Capistrano, CA, The Ensign Group Inc. provides healthcare services in the post-acute care continuum, urgent care center and mobile ancillary segments in the United States.

ENSG is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. ENSG has a Growth Style Score of A, forecasting year-over-year earnings growth of 14.6% for the current fiscal year.

Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.05 to $7.53 per share. ENSG boasts an average earnings surprise of +3.4%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, ENSG should be on investors' short list.
2026-06-17 07:22 1mo ago
2026-06-16 15:16 1mo ago
Is ENSG's Expanded $100M Buyback Program a Positive for Investors?
ENSG The Ensign Group
FMP Stock News
Original source text
Key Takeaways ENSG increased its stock repurchase authorization by $60M, bringing total buyback capacity to $100M.Ensign Group posted 39% higher operating cash flow in Q1 2026 and ended with $539.5M in cash.ENSG raised 2026 earnings guidance and continues funding acquisitions alongside buybacks. The Ensign Group, Inc. (ENSG - Free Report) announced that its board of directors has approved a $60 million increase to its existing stock repurchase authorization, raising total buyback capacity to $100 million from $40 million. Management expects to begin repurchasing shares under the expanded program in the near term through open-market transactions, privately negotiated deals or block trades.

The move follows a strong first-quarter 2026 performance and reflects Ensign's financial strength. ENSG ended the first quarter of 2026 with $539.5 million in cash and cash equivalents, up from $503.9 million at the end of 2025. Operating cash flow increased nearly 39% year over year to $100.2 million, while available capacity under its revolving credit facility totaled $591.6 million. Following first-quarter results, management also raised its 2026 earnings guidance, reinforcing expectations for continued business momentum.

Share repurchases reduce the number of shares outstanding, which can support EPS growth and increase the ownership stake of existing shareholders. Ensign continues to pursue acquisitions alongside shareholder-return initiatives, indicating that management is comfortable funding both expansion efforts and buybacks at the same time. The company's return on capital of 15.78% significantly exceeded the industry average of 3.09%, highlighting its track record of deploying capital efficiently.

The expanded authorization underscores management's optimism regarding Ensign's long-term earnings and cash-flow prospects. While the pace and timing of repurchases will depend on market conditions, the program provides additional flexibility to return capital to shareholders while preserving the company's disciplined approach to growth.

How Are Peers Deploying Capital?PACS Group, Inc. (PACS - Free Report) and The Pennant Group, Inc. (PNTG - Free Report) , two notable players in the Medical space, are also actively deploying capital to support shareholder value and long-term growth.

Earlier in 2026, PACS Group authorized a $250 million share repurchase program, signaling management's willingness to return capital to shareholders while maintaining flexibility for future growth. PACS continues to invest in facility development and acquisition opportunities across the post-acute care market.

In contrast, The Pennant Group has focused its capital deployment on acquisitions and organic expansion rather than share repurchases. PNTG continues to grow its home health, hospice and senior living footprint through strategic investments.

ENSG’s Stock Price Performance, Valuation & EstimatesShares of Ensign have lost 2% over the past year against the industry’s 1.6% growth over the same period.

Image Source: Zacks Investment Research

From a valuation standpoint, ENSG trades at a forward price-to-sales ratio of 1.45X, down from the industry average of 2.23X. ENSG carries a Value Score of B.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Ensign Group’s 2026 earnings is pegged at $7.53 per share, implying a 14.6% jump from the year-ago period’s level.

Image Source: Zacks Investment Research

ENSG currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-17 07:22 1mo ago
2026-06-16 16:59 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Ensign Group, Inc. - ENSG
ENSG The Ensign Group
FMP Stock News
Original source text
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of The Ensign Group, Inc. (“Ensign Group” or the “Company”) (NASDAQ: ENSG).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Ensign Group and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On June 8, 2026, Hunterbrook published a short report alleging that Ensign Group’s business model relies on inadequate patient care and gaming quality metrics.  The Hunterbrook report further alleges that Ensign Group’s profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates, and that patients have suffered and died as a result. 

Following publication of the Hunterbrook report, Ensign Group’s stock price fell $13.88 per share, or 8.15%, to close at $156.42 per share on June 8, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.   

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-17 07:22 1mo ago
2026-06-16 19:22 1mo ago
The Ensign Group (ENSG) Shares Fall Amid Activist Forensic Reports Challenging Patient Care Claims, Legal Compliance -- HBSS
ENSG The Ensign Group
FMP Stock News
Original source text
, /PRNewswire/ -- The Ensign Group (NASDAQ: ENSG) investors saw the price of their shares in the skilled nursing facilities ("SNFs") provider tumble over 8% on June 8 and another 3% on June 11, 2026 after Hunterbrook Media and Muddy Waters Research, respectively, published highly critical reports questioning Ensign's business practices.

In total, over $500 million of Ensign's market capitalization has been wiped out since June 7, 2026, the day before the first of the two reports.

These developments have prompted national shareholder rights firm Hagens Berman to open an investigation into allegations within the two reports and whether Ensign may have violated the federal securities laws.

The firm encourages Ensign investors who suffered substantial losses to submit your losses now.

Visit: www.hbsslaw.com/investor-fraud/ensg
Contact the Firm Now: [email protected]
                                        844-916-0895

The Ensign Group (ENSG) Investigation:

The investigation is primarily focused on the propriety of Ensign's disclosures about SNF acquisitions, regulatory compliance, and certain accounting matters.

In the past, Ensign repeatedly assured investors that "compliance and quality outcomes are precursors to outstanding financial performance" and "we strive to aggressively increase quality in every facility we acquire, and to adjust our overall policies to adapt to CMS's changing criteria for the Five-Star Quality Rating System."

But, on June 8, 2026, Hunterbrook published its report, contending in part that "Ensign's profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government." In addition, the firm said that "[w]e found Ensign's growth strategy is to buy struggling nursing homes – then cut staff at those facilities and bank the savings, all while claiming quality improves."

Then, on June 11, 2026, Muddy Waters Research published its report, adding to Hunterbrook's analysis. Muddy Waters sent investigators to 57 of Ensign's SNFs and found "red flags consistent with rented" NHA licenses that enabled "Ensign to state the facilities have licensed Administrators when in fact these administrators are seldom on premise and do not substantively manage the facilities."

The firm concluded that "this scheme, which could amount to fraud against states, Medicare, and Medicaid, is the pillar upon which Ensign's acquisition strategy and margins is built[]" and "[u]nder the False Claims Act, if these practices have been in place for one year at ~20% of facilities, we estimate the violations carry theoretical sanctions in the billions of dollars." 

"Our investigation is focused on whether the analysts' allegations are accurate and, if so, whether Ensign may have misled investors about its business practices and accounting," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Ensign and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »

If you'd like more information and answers to other frequently asked questions about the firm's Hub Group investigation, read more »

Whistleblowers: Persons with non-public information regarding Ensign should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

SOURCE Hagens Berman Sobol Shapiro LLP
2026-06-17 07:22 1mo ago
2026-06-16 20:00 1mo ago
The Ensign Group (ENSG) Shares Fall Amid Activist Forensic Reports Challenging Patient Care Claims, Legal Compliance -- HBSS
ENSG The Ensign Group
FMP Stock News
Original source text
, /PRNewswire/ -- The Ensign Group (NASDAQ: ENSG) investors saw the price of their shares in the skilled nursing facilities ("SNFs") provider tumble over 8% on June 8 and another 3% on June 11, 2026 after Hunterbrook Media and Muddy Waters Research, respectively, published highly critical reports questioning Ensign's business practices.

In total, over $500 million of Ensign's market capitalization has been wiped out since June 7, 2026, the day before the first of the two reports.

These developments have prompted national shareholder rights firm Hagens Berman to open an investigation into allegations within the two reports and whether Ensign may have violated the federal securities laws.

The firm encourages Ensign investors who suffered substantial losses to submit your losses now.

Visit: www.hbsslaw.com/investor-fraud/ensg
Contact the Firm Now: [email protected]
844-916-0895

The Ensign Group (ENSG) Investigation:

The investigation is primarily focused on the propriety of Ensign's disclosures about SNF acquisitions, regulatory compliance, and certain accounting matters.

In the past, Ensign repeatedly assured investors that "compliance and quality outcomes are precursors to outstanding financial performance" and "we strive to aggressively increase quality in every facility we acquire, and to adjust our overall policies to adapt to CMS's changing criteria for the Five-Star Quality Rating System."

But, on June 8, 2026, Hunterbrook published its report, contending in part that "Ensign's profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government." In addition, the firm said that "[w]e found Ensign's growth strategy is to buy struggling nursing homes – then cut staff at those facilities and bank the savings, all while claiming quality improves."

Then, on June 11, 2026, Muddy Waters Research published its report, adding to Hunterbrook's analysis. Muddy Waters sent investigators to 57 of Ensign's SNFs and found "red flags consistent with rented" NHA licenses that enabled "Ensign to state the facilities have licensed Administrators when in fact these administrators are seldom on premise and do not substantively manage the facilities."

The firm concluded that "this scheme, which could amount to fraud against states, Medicare, and Medicaid, is the pillar upon which Ensign's acquisition strategy and margins is built[]" and "[u]nder the False Claims Act, if these practices have been in place for one year at ~20% of facilities, we estimate the violations carry theoretical sanctions in the billions of dollars."

"Our investigation is focused on whether the analysts' allegations are accurate and, if so, whether Ensign may have misled investors about its business practices and accounting," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Ensign and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »

If you'd like more information and answers to other frequently asked questions about the firm's Hub Group investigation, read more »

Whistleblowers: Persons with non-public information regarding Ensign should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-ensign-group-ensg-shares-fall-amid-activist-forensic-reports-challenging-patient-care-claims-legal-compliance----hbss-302802323.html

SOURCE Hagens Berman Sobol Shapiro LLP
2026-06-17 07:22 1mo ago
2026-06-16 05:19 1mo ago
CHX Investors Have Opportunity to Lead ChampionX Corporation Securities Fraud Lawsuit
CHX ChampionX
FMP Stock News
Original source text
, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds sellers of common stock of ChampionX Corporation (NASDAQ: CHX) between February 29, 2024 and April 1, 2024 (the "Class Period"), of the important July 14, 2026 lead plaintiff deadline.

So what: If you sold ChampionX common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 14, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants throughout the Class Period failed to disclose material information, which artificially deflated the price of ChampionX common stock. On February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. During the Class Period, ChampionX's average stock price was $33.32 per share. On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.

To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.
2026-06-17 07:22 1mo ago
2026-06-16 12:00 1mo ago
Bronstein, Gewirtz & Grossman LLC Urges ChampionX Corporation Investors to Act: Class Action Filed Alleging Investor Harm
CHX ChampionX
FMP Stock News
Original source text
New York, New York--(Newsfile Corp. - June 16, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against ChampionX Corporation (NASDAQ: CHX) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ChampionX securities between February 29, 2024 and April 1, 2024, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/CHX.

ChampionX Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

while repurchasing millions of dollars' worth of ChampionX Corporation ("ChampionX" or the "Company") common stock, Defendants were in possession of material nonpublic information regarding offers made by Schlumberger Limited ("SLB") to acquire ChampionX at a premium to prevailing market prices; Defendants failed to either abstain from trading or disclose SLB's offer(s), which, if disclosed, would have signaled to investors that ChampionX's stock was worth significantly more than its trading price; Defendants further failed to disclose subsequent offers and negotiations involving ChampionX and SLB; and as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading at all relevant times.What's Next for ChampionX Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/CHX, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in ChampionX you have until July 14, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to ChampionX Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for ChampionX Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising.
Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297977

Source: Bronstein, Gewirtz & Grossman, LLC

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

Contact Us
2026-06-17 07:22 1mo ago
2026-06-16 16:08 1mo ago
ROSEN, NATIONAL TRIAL LAWYERS, Encourages ChampionX Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - CHX
CHX ChampionX
FMP Stock News
Original source text
New York, New York--(Newsfile Corp. - June 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of common stock of ChampionX Corporation (NASDAQ: CHX) between February 29, 2024 and April 1, 2024, inclusive (the "Class Period"), of the important July 14, 2026 lead plaintiff deadline.

SO WHAT: If you sold ChampionX common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 14, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period failed to disclose material information, which artificially deflated the price of ChampionX common stock. On February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. During the Class Period, ChampionX's average stock price was $33.32 per share. On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.

To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301735

Source: The Rosen Law Firm PA

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

Contact Us
2026-06-17 07:22 1mo ago
2026-06-16 16:24 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in ChampionX Corporation of Class Action Lawsuit and Upcoming Deadlines – CHX
CHX ChampionX
FMP Stock News
Original source text
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether ChampionX and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until July 14, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired ChampionX securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.   

[Click here for information about joining the class action]  

A Complaint has filed on behalf of investors who sold ChampionX common stock during the Class Period, alleging that the defendants failed to disclose material information, which artificially deflated the price of ChampionX common stock. 

Per the allegations of the Complaint, on February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share.  On March 7, 2024, Schlumberger raised its offer to $37.80 per share.  The ChampionX class action lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger.  ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. 

During the Class Period, ChampionX’s average stock price was $33.32 per share.  On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger.  The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980 
2026-06-17 07:22 1mo ago
2026-06-16 17:51 1mo ago
Bragar Eagel & Squire, P.C. Reminds ChampionX Corporation Investors to Contact the Firm Regarding Lead Plaintiff Role Before July 14th
CHX ChampionX
FMP Stock News
Original source text
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In ChampionX (CHX) To Contact Him Directly To Discuss Their Options

If you sold common stock of ChampionX between February 29, 2024 and April 1, 2024 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.

Click here to participate in the action.

NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ:CHX) in the United States District Court for the Southern District of New York on behalf of all persons and entities who sold common stock of ChampionX between February 29, 2024 and April 1, 2024, both dates inclusive (the “Class Period”). Investors have until July 14, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details:

According to the lawsuit, defendants throughout the Class Period failed to disclose material information, which artificially deflated the price of ChampionX common stock. On February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. During the Class Period, ChampionX's average stock price was $33.32 per share. On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share. Next Steps:

If you purchased or otherwise acquired ChampionX shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
[email protected]
www.bespc.com
2026-06-17 07:22 1mo ago
2026-06-16 08:00 1mo ago
Pennsylvania American Water Launches 2026 Flow Forward Summer Camp Program to Help Teens Explore the Water Industry Workforce
AWK American Water Works
FMP Stock News
Original source text
, /PRNewswire/ -- Pennsylvania American Water today launched its 2026 Flow Forward Summer Camp Program, offering high school sophomores, juniors and seniors a multi-day workforce development experience. This year, the company will host the camp in two locations for students to explore career pathways and participate in hands-on opportunities and mentorship – in McMurray from June 16-18 and in Mechanicsburg from June 23-25.

"Investing in our youth is an investment in the future of our workforce," said Pennsylvania American Water President Justin Ladner. "By creating opportunities for young people to gain real-world experience, we are helping develop the next generation of water and wastewater leaders who will keep our communities strong and our essential services moving forward." 

The Flow Forward students will participate in skill-building workshops and learning activities, facility tours, resume and interview preparation and have opportunities to network and speak with company staff and industry experts, providing real-world experience and career exploration in the water and wastewater industries. 

Pennsylvania American Water also offers the Future Wavemakers Internship Program for college students. Designed to cultivate the next generation of water and wastewater industry leaders, this initiative is built on the foundation of mentorship, professional development and real-world projects that align with both students' academic backgrounds and American Water's organizational goals. Interns participate in capstone projects, networking events and skill-building workshops, all while contributing fresh perspectives and innovative ideas to the company. This year, the program welcomed 16 college interns at Pennsylvania American Water workplaces across the state, offering hands-on experience in engineering, finance, operations, health and safety, communications and more. 

In addition to internship experiences, the company conducts outreach throughout the year to educate students and adults alike about career paths and job opportunities in the water and wastewater industry. The company also partners with schools, colleges, elected officials, government agencies and non-profits and statewide organizations to promote careers in the water industry through participation at school presentations, facility tours, career fairs, community events and more. To request a Pennsylvania American Water representative at an upcoming career fair or outreach event, interested groups can contact [email protected]. 

Pennsylvania American Water remains dedicated to strengthening its talent pipeline and building stronger communities through innovative workforce development programs. Learn more about the company's workforce here.  

To learn more about working at American Water or to view open positions visit jobs.amwater.com.

About American Water 
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About Pennsylvania American Water
Pennsylvania American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 1,200 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 2.5 million people.    

SOURCE American Water
2026-06-17 07:22 1mo ago
2026-06-16 08:00 1mo ago
Missouri American Water Proudly Recognizes American Water Charitable Foundation State Strategic Impact Grantees
AWK American Water Works
FMP Stock News
Original source text
, /PRNewswire/ -- The American Water Charitable Foundation, a philanthropic nonprofit organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., and Missouri American Water, announced today that the Foundation awarded nearly $40,000 in State Strategic Impact grants to 12 organizations that provide support to the communities we serve.

Missouri American Water presents a State Strategic grant on behalf of the American Water Charitable Foundation. Nearly $13,000 will go toward funding hydration stations as part of the Hydration Station Grant Program. The program is designed to make safe and healthy hydration more accessible in public spaces while also promoting environmental stewardship, as it helps reduce the number of plastic bottles that end up in landfills and bodies of water.

Funding for the hydration station grants will be provided by the American Water Charitable Foundation, as part of its State Strategic Impact Grant Program, focused on high-impact projects and initiatives throughout American Water's national footprint.  

The following organizations will receive a hydration station grant to help purchase their desired unit:

Lydia's House Lawson Community Foundation Mexico Area Family YMCA Circle of Concern Food Pantry JADASA Additionally, seven organizations will receive a total of $27,000 in grant funding, supporting a range of missions—from assisting our Veterans to expanding access to affordable health care and home ownership. The following organizations have been selected to help advance their important work:

Police Foundation of Hallsville Duane H. Tolen Sr. Foundation Habitat for Humanity of St. Charles County Family Care Health Centers Truman Medical Center Charitable Foundation H.E.R.O.E.S Care LevelUp Kids "Supporting strong, healthy communities is central to our mission," said Rich Svindland, President of Missouri American Water. "With the support of the American Water Charitable Foundation, we are proud to invest in organizations that advance meaningful solutions and help keep our communities flowing."

The State Strategic Impact grant is part of the 2026 Keep Communities Flowing Grant Program, focusing on three pillars of giving: Water, People and Communities. State Strategic Impact grants support high-impact projects and initiatives throughout American Water's national footprint.

"The American Water Charitable Foundation is pleased to partner with organizations that align with Missouri American Water and share a commitment to enhancing the quality of life in the communities it serves," said Carrie Williams, President, American Water Charitable Foundation.

Learn more about the American Water Charitable Foundation here.

About American Water  
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram. 

About American Water Charitable Foundation 
The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water, focuses on three pillars of giving: Water, People, and Communities. Since 2012, the Foundation has invested over $25 million in funding through grants and matching gifts to support eligible organizations in communities served by American Water. The Foundation is funded by American Water shareholders and has no impact on customer rates. For more information, visit amwater.com/awcf.

About Missouri American Water
Missouri American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 700 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.7 million people. For more, visit missouriamwater.com and follow Missouri American Water on X, Facebook, Instagram, YouTube and LinkedIn.  

SOURCE American Water
2026-06-17 07:22 1mo ago
2026-06-16 11:55 1mo ago
Illinois American Water Encourages Customers Across Illinois to Practice Wise Water Use This Summer
AWK American Water Works
FMP Stock News
Original source text
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- As communities across Illinois prepare for warm temperatures this summer, Illinois American Water encourages customers to take simple steps to use water more efficiently and help protect water resources today and for the future while also keeping lawns and gardens healthy.

Illinois American Water encourages customers to practice wise water use habits throughout the summer. From adjusting your watering schedule to fixing household leaks, every drop counts. Here are some helpful tips: 

Water plants early in the morning or later in the day and even at night to minimize evaporation. As much as 30 percent of water can be lost by watering during midday.  Adjust mower blade height. Cut grass to 2.5 to 3.5 inches to retain moisture, resist drought, weeds, insects, and disease, and to create a healthier lawn overall.  Check sprinkler heads. Make sure sprinklers are aimed accurately to help ensure water isn't being wasted on pavement or other unwanted areas.  Mulch wisely. A two- to three-inch layer of mulch in garden beds is typically effective in retaining moisture and preventing weeds.  Use a broom instead of a hose to clean patios, driveways and sidewalks.  Make use of rainwater by collecting it in rain barrels for use on outdoor plants and gardens. Check local ordinances to ensure compliance. Track water usage history through MyWater, the company's customer self-service portal which provides up to two years of usage data. Even small leaks can waste thousands of gallons of water each year. Ten percent of homes have leaks that can waste 90 gallons or more per day. MyWater can be used to help spot unusual increases and also contains information about budget billing, customer assistance programs and more. For more tips and resources, visit: Illinois American Water's Wise Water Use page About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About Illinois American Water
Illinois American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 600 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.3 million people. American Water also operates a quality control and research laboratory in Belleville.

SOURCE American Water

Also from this source
2026-06-17 07:22 1mo ago
2026-06-16 12:00 1mo ago
Illinois American Water Encourages Customers Across Illinois to Practice Wise Water Use This Summer
AWK American Water Works
FMP Stock News
Original source text
Illinois American Water Encourages Customers Across Illinois to Practice Wise Water Use This Summer PR Newswire

BELLEVILLE, Ill., June 16, 2026

, /PRNewswire/ -- As communities across Illinois prepare for warm temperatures this summer, Illinois American Water encourages customers to take simple steps to use water more efficiently and help protect water resources today and for the future while also keeping lawns and gardens healthy.

Illinois American Water encourages customers to practice wise water use habits throughout the summer. From adjusting your watering schedule to fixing household leaks, every drop counts. Here are some helpful tips:

Water plants early in the morning or later in the day and even at night to minimize evaporation. As much as 30 percent of water can be lost by watering during midday. Adjust mower blade height. Cut grass to 2.5 to 3.5 inches to retain moisture, resist drought, weeds, insects, and disease, and to create a healthier lawn overall. Check sprinkler heads. Make sure sprinklers are aimed accurately to help ensure water isn't being wasted on pavement or other unwanted areas. Mulch wisely. A two- to three-inch layer of mulch in garden beds is typically effective in retaining moisture and preventing weeds. Use a broom instead of a hose to clean patios, driveways and sidewalks. Make use of rainwater by collecting it in rain barrels for use on outdoor plants and gardens. Check local ordinances to ensure compliance.Track water usage history through MyWater, the company's customer self-service portal which provides up to two years of usage data. Even small leaks can waste thousands of gallons of water each year. Ten percent of homes have leaks that can waste 90 gallons or more per day. MyWater can be used to help spot unusual increases and also contains information about budget billing, customer assistance programs and more. For more tips and resources, visit: Illinois American Water's Wise Water Use pageAbout American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About Illinois American Water
Illinois American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 600 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 1.3 million people. American Water also operates a quality control and research laboratory in Belleville.

View original content to download multimedia:https://www.prnewswire.com/news-releases/illinois-american-water-encourages-customers-across-illinois-to-practice-wise-water-use-this-summer-302802001.html

SOURCE American Water
2026-06-17 07:22 1mo ago
2026-06-16 13:00 1mo ago
American Water Provides Expertise at 2026 MACRUC Annual Education Conference
AWK American Water Works
FMP Stock News
Original source text
, /PRNewswire/ -- American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., will contribute its expertise to key discussions at the 2026 Mid-Atlantic Conference of Regulatory Utilities Commissioners (MACRUC) Annual Education Conference, taking place June 15 through June 16, 2026, in Columbus, Ohio.

Deb Degillio, SVP, Chief Technology & Innovation Officer, American Water, will speak as part of the panel discussion Navigating AI, focusing on AI's potential for both business efficiency and customer satisfaction.

"At American Water, our priority is providing safe, clean, reliable, and affordable water and wastewater services to our customers," said Cheryl Norton, EVP and Chief Operating Officer, American Water. "American Water remains committed to leveraging technologies that enhance customer satisfaction, while building resilient systems and delivering essential services to our customers and communities every day."

For more information about the 2026 MACRUC Annual Education Conference, visit: http://macruc.org/.

About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations. American Water's approximately 7,000 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

SOURCE American Water
2026-06-17 07:21 1mo ago
2026-06-16 10:46 1mo ago
Why AppLovin (APP) is a Top Growth Stock for the Long-Term
APP Applovin
FMP Stock News
Original source text
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: AppLovin (APP - Free Report) AppLovin Corporation provides end-to-end AI-powered advertising solutions that help businesses reach, monetize, and grow global audiences. Revenue primarily comes from fees advertisers pay to use Axon Ads Manager, priced dynamically against campaign return goals. Its stack also includes MAX for in-app monetization via real-time bidding, Adjust for measurement subscriptions, and Wurl for connected-TV distribution and ads.

APP is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. APP has a Growth Style Score of A, forecasting year-over-year earnings growth of 58% for the current fiscal year.

Five analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.38 to $15.86 per share. APP also boasts an average earnings surprise of +8.4%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, APP should be on investors' short list.
2026-06-17 07:21 1mo ago
2026-06-16 14:01 1mo ago
Nuclear Energy Stocks Gain From Growing Need for Reliable Clean Power
CEG Constellation Energy
FMP Stock News
Original source text
An updated edition of the April 27, 2026 article.

Nuclear energy is emerging as a cornerstone of the clean energy transition, providing a reliable and carbon-free source of electricity to meet growing power needs. As nations and utilities accelerate decarbonization efforts, nuclear power offers a distinct advantage through its ability to generate consistent, around-the-clock electricity, unlike weather-dependent renewable sources such as solar and wind.

The nuclear industry's prospects continue to strengthen, driven by license extensions for existing reactors, advancements in Small Modular Reactor (SMR) technology, approvals for new nuclear facilities and the restart of previously retired nuclear power plants in the United States. Increased investment by leading technology companies in SMR development also underscores growing confidence in nuclear energy’s long-term growth potential.

In the United States, efforts are underway to significantly expand nuclear generating capacity from approximately 100 GW in 2024 to nearly 400 GW by 2050. Nuclear energy currently supplies about 20% of the nation’s electricity, and ongoing license renewals by the U.S. Nuclear Regulatory Commission are helping extend the operating lives of existing plants, ensuring a stable source of carbon-free power.

The sector is also benefiting from supportive government policies, continued innovation in SMR technology and initiatives to strengthen the domestic nuclear fuel supply chain. At the same time, rapidly rising electricity demand from AI data centers, manufacturing reshoring and electric vehicle adoption is increasing the need for reliable, around-the-clock clean energy, creating significant growth opportunities for nuclear power providers.

With this increasing importance, nuclear energy-related stocks, such as PG&E Corporation (PCG - Free Report) , Constellation Energy Corporation (CEG - Free Report) and NextEra Energy (NEE - Free Report) , are becoming attractive investment options. Unlike other clean energy sources affected by intermittency, nuclear power plants provide a consistent and stable energy output, operating around the clock except during planned maintenance intervals.

Nuclear power offers a significant advantage over other clean energy sources by generating large amounts of electricity with a much smaller land footprint. Although all traditional energy sources produce waste, the nuclear industry benefits from stringent regulations and well-established systems for the safe handling, storage and management of nuclear waste. Additionally, rising electricity demand driven by the growing adoption of electric vehicles, increasing grid requirements, and the rapid expansion of artificial intelligence-powered data centers is reinforcing the critical role of nuclear energy in providing reliable, large-scale power generation.

As the production of clean energy is expected to rise from nuclear plants, a continuous supply of high-quality uranium is essential to keep the nuclear units running. Companies like Denison Mines (DNN - Free Report) and BHP Group Limited (BHP - Free Report) produce uranium and can benefit from the surging demand from nuclear power plants.

Nuclear Energy stocks have huge potential and can offer significant growth opportunities for investors. Our Nuclear Energy Screen makes it easier for investors to locate high-potential stocks at any given time.

Ready to uncover more transformative thematic investment ideas? Explore 37 cutting-edge investment themes with Zacks Thematic Investing Screens and discover your next big opportunity.

PG&E Corporation owns and operates California’s only active nuclear facility, the Diablo Canyon Power Plant. The company recently secured approval from the U.S. Nuclear Regulatory Commission to extend the operating licenses of both Diablo Canyon units by an additional 20 years. PG&E continues to invest in technologies that enhance the plant’s efficiency, reliability and operating life. The facility supplies nearly 20% of California’s carbon-free electricity, making it a critical component of the state's clean energy portfolio.

PG&E is also leveraging innovation to strengthen its nuclear operations, including the deployment of AI-driven tools at Diablo Canyon to improve performance, reduce costs and support regulatory compliance. Its nuclear assets provide a significant competitive advantage by delivering dependable carbon-free power, enhancing earnings visibility through long-term license extensions and positioning the company to benefit from future developments in nuclear energy.

While PG&E is not currently pursuing major nuclear expansion projects, the extended operating life of Diablo Canyon and potential policy support for advanced nuclear technologies could create additional growth opportunities. Furthermore, this Zacks Rank #2 (Buy) stock plans to invest approximately $73 billion between 2026 and 2030 to modernize and strengthen its utility infrastructure, supporting long-term operational and financial growth. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

NextEra Energy operates several nuclear generation units through its subsidiary, NextEra Energy Resources. NEE’s nuclear assets form a cornerstone of its clean energy strategy, delivering steady, carbon-free baseload power that complements its leading wind and solar portfolio. This diverse generation mix strengthens grid reliability and underpins sustainable long-term earnings growth.

Ongoing investments in the upkeep and modernization of its nuclear facilities ensure top-tier operational performance, safety and regulatory adherence. These plants offer long service lives, low operating costs and protection from swings in fossil fuel prices.

NextEra Energy is expanding its natural gas and nuclear operations through strategic acquisitions, pipeline investments and new generation projects, positioning the company to capitalize on rising power demand and support long-term growth.

This Zacks Rank #3 (Hold) stock has a very disciplined capital investment plan, which is expected to fund the expansion of its renewable and clean energy generation through nuclear power plants.

Constellation Energy is the largest nuclear power plant operator in the United States, producing about 10% of the nation’s total clean energy. With over 20 reactors spread across the Midwest, Mid-Atlantic and Northeast, it plays a pivotal role in providing dependable, carbon-free electricity. Its expansive nuclear fleet enables the company to meet rising demand from energy-intensive sectors like data centers, while its position as the top merchant nuclear operator offers unmatched geographic reach and operational scale. The company is restarting the Three Mile Island Unit 1 and exploring SMR options to meet rising demand for clean energy in its service region.

To safeguard long-term operations, the company has secured multiple uranium supply contracts extending into the 2030s, helping mitigate geopolitical risks. It continues to modernize its plants to boost performance, extend operational life, and sustain a fleetwide capacity factor exceeding 94%, well above industry averages. The company is making strategic acquisitions to further expand its nuclear portfolio. Constellation Energy expects capital expenditures of nearly $5.7 billion and $4.7 billion for 2026 and 2027, respectively, including nuclear fuel purchases to build inventory and growth investments for uprates, renewals and plant upgrades.

Looking ahead, this Zacks Rank #3 stock is ramping up investments to grow its nuclear capacity. This includes upgrades to existing sites and the potential addition of up to one gigawatt of new carbon-free capacity over the next decade. The company is also advancing next-generation nuclear technologies to further enhance efficiency and sustainability in the years ahead.
2026-06-17 07:21 1mo ago
2026-06-16 16:11 1mo ago
PicS N.V. Notice of August 4, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
NYT New York Times Company
FMP Stock News
Original source text
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - June 16, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in PicS N.V. ("PicS" or the "Company") (NASDAQ: PICS) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of PicS who were adversely affected if they purchased the Company's Class A common stock in and/or traceable to its January 30, 2026 initial public offering (the "IPO"). This action is pending in the United States District Court for the Southern District of New York.

Cannot view this video? Visit:
https://www.youtube.com/watch?v=FQIEqld_vCU

Follow the link below to get more information and be contacted by a member of our team:

https://www.ksfcounsel.com/cases/nasdaqgs-pics/

PicS investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-ses/?prs=nf to learn more.

CASE DETAILS: According to the Complaint, PicS and certain of its executives are charged with failing to disclose material information in the Offering Documents, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) in December 2025, the Company determined that its credit assessment procedures were deficient and required enhancement; (ii) following implementation of revised procedures, the Company reclassified approximately R$590 million of exposures from Stage 2 to Stage 3, resulting in an incremental ECL charge of R$88 million for the quarter ended December 31, 2025; (iii) the Company experienced an undisclosed Stage 3 formation rate exceeding 7% in the fourth quarter of 2025, materially departing from the historical trends disclosed in the offering documents; (iv) the offering documents materially overstated the effectiveness of PicS N.V.'s credit models, user data, and underwriting and risk-monitoring capabilities; and (v) prior to the IPO, PicS N.V.'s expansion into riskier business lines had led to deteriorating credit quality, increased default and impairment risk, and adverse financial and operational trends that were expected to continue worsening and materially impact the Company's business and financial results.

The case is FirstFire Global Opportunities Fund, LLC v. PicS N.V., No. 26-cv-04793.

WHAT TO DO? If you invested in PicS and suffered a loss during the relevant time frame, you have until August 4, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301778

Source: Kahn Swick & Foti, LLC

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

Contact Us
2026-06-17 07:21 1mo ago
2026-06-16 17:50 1mo ago
PICS SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds PicS N.V. (PICS) Investors of Securities Class Action Lawsuit Deadline on August 4, 2026
NYT New York Times Company
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In PicS To Contact Him Directly To Discuss Their Options

If you purchased or acquired PicS Class A Common stock in and/or traceable to PicS' January 30, 2026 initial public offering ("IPO") and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - June 16, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against PicS N.V. ("PicS" or the "Company") (NASDAQ: PICS) and reminds investors of the August 4, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) PicS N.V. had conducted an evaluation of its credit evaluation procedures in December 2025 and determined that such procedures were deficient and in need of enhancement; (2) as a result of the new procedures PicS N.V. had implemented in December 2025, PicS N.V. had reclassified approximately R$590 million of exposures previously classified as Stage 2 to Stage 3, leading to an incremental ECL charge of R$88 million in the three months ended December 31, 2025; (3) PicS N.V. had experienced a heightened, but unreported, Stage 3 formation rate of more than 7% in the fourth quarter of 2025 that deviated substantially from the historical results and trends provided in the offering documents; (4) the IPO's offering documents had materially overstated the quality and ability of PicS N.V.'s credit models and user data to inform PicS N.V.'s underwriting practices and to allow PicS N.V. to timely and effectively monitor, assess, and identify adverse credit events, credit risks, and credit deterioration across its portfolio; and (5) PicS N.V. suffered from degradations in customer credit quality and heightened risks of default and loan impairment as a result of its entrance into materially riskier business lines leading up to the IPO, resulting in undisclosed adverse financial and operational trends such as heightened incidents of default, which predated the IPO and were internally projected by PicS N.V. to continue to worsen following the IPO, materially impairing PicS N.V.'s business, operations, and financial results.

On or around January 29, 2026, PicPay conducted its initial public offering ("IPO"), selling 22.86 million Class A common shares priced at $19.00 per share.

Then, on March 18, 2026, PicPay released its fourth quarter 2025 financial results and revealed that, as part of the Company's "annual review of expected credit loss parameters," it had made several "enhancements" to its Expected Credit Loss ("ECL") calculations, and "implemented a stricter policy to accelerate the classification of renegotiated non-performing exposures from Stage 2 to Stage 3." Consequently, "R$590 million of Stage 2 portfolio balances were reclassified to Stage 3, resulting in an ECL increase of R$88 [$17.56 million USD]." Stage 3 is the Company's highest risk category for its credit portfolio.

On this news, PicPay's stock price fell $3.56 per share, or 22.5%, to close at $12.27 per share on March 19, 2026.

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 PicS' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the PicS N.V. class action, go to www.faruqilaw.com/PICS or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the PicS N.V. Securities Class Action Lawsuit:

What is the PicS N.V. securities fraud lawsuit about?

The PicS N.V. securities fraud lawsuit is a federal securities class action alleging that PicS N.V. (NASDAQ: PICS) and its executives made false and misleading statements to investors in connection with the Company's January 30, 2026 IPO by concealing that the Company had already identified deficiencies in its credit evaluation procedures in December 2025, had reclassified approximately R$590 million of exposures from Stage 2 to Stage 3 (its highest credit risk category) resulting in an incremental expected credit loss charge of R$88 million, and was experiencing a Stage 3 formation rate exceeding 7% in Q4 2025 - a significant deviation from the historical trends presented in the IPO's offering documents. As the truth emerged on March 18, 2026, when PicS disclosed these credit portfolio deteriorations as part of its Q4 2025 financial results, PICS shares fell $3.56 per share, or 22.5%, to close at $12.27 - well below the $19.00 IPO price - causing significant losses for investors.

Who may be eligible to participate in the PicS N.V. class action lawsuit?

Investors who purchased PicS N.V. (PICS) Class A common stock in and/or traceable to the Company's January 30, 2026 initial public offering and suffered financial losses may be eligible to participate in the PicS securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former PicS employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the PicS N.V. lawsuit?

A lead plaintiff in the PicS N.V. class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any PicS investor who purchased PICS Class A common stock in or traceable to the IPO may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is August 4, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased PicS N.V. stock in the IPO?

Investors who purchased PicS N.V. (PICS) Class A common stock in and/or traceable to the January 30, 2026 IPO and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the PicS N.V. securities class action is August 4, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/PICS for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301596

Source: Faruqi & Faruqi LLP

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

Contact Us
2026-06-17 07:21 1mo ago
2026-06-16 06:00 1mo ago
OLIN and HUNTSMAN Announce Transformative Merger of Equals to Create a $12+ Billion Integrated North American Chemicals Leader
HUN Huntsman Corporation
FMP Stock News
Original source text
Complementary upstream and downstream capabilities to enhance integration and enable the combined company to better create value across cycles, products and regions

$400+ million of identified and actionable cost synergies and integration benefits

Enhanced financial profile and cost position expected to provide greater performance through the cycle, cash flow generation and growth optionality

Ken Lane to serve as Chief Executive Officer and Peter Huntsman to serve as non-executive Chairman of the Board of Directors of the combined company

Joint investor call and webcast scheduled for June 16, 2026 at 8:00 a.m. Eastern Time

, /PRNewswire/ -- Olin Corporation (NYSE: OLN) and Huntsman Corporation (NYSE: HUN) today announced that they have entered into a definitive agreement to combine in an all-stock merger of equals to create a leading North American chemicals company. The transaction is expected to generate significant value for shareholders of both companies, with more than $400 million in total identified cost synergies and integration benefits.

The combined organization, which will be renamed OlinHuntsman Corporation ("OlinHuntsman") following the close of the transaction, will benefit from enhanced scale, scope and expanded chlorine optionality, enabling it to create value across markets and cycles. The vertical integration of Olin and Huntsman's highly complementary upstream and downstream businesses brings together cost-advantaged North American assets and feedstocks with differentiated formulations and high-value advanced materials. From its global manufacturing platform, OlinHuntsman will deliver to diverse and growing end markets including automotive, construction and infrastructure, and industrial applications. OlinHuntsman will have a structurally lower cost position and an expanded ability to convert advantaged Electrochemical Units production into downstream materials, unlocking more opportunities to grow.

"This combination provides a compelling opportunity for Olin and Huntsman to create a more resilient and value-focused chemicals company anchored in North America," said Ken Lane, President and Chief Executive Officer of Olin. "Huntsman has built an impressive portfolio of polyurethane systems, formulation technologies and advanced materials serving technical, application-driven end markets. By integrating those capabilities with Olin's world-scale chemicals assets and operations and identified synergies and benefits, we will create an industry leader with greater flexibility to serve customers across the value chain, generate stronger cash flow across the cycle and pursue opportunities that neither business could fully capture on its own. I'm excited by the opportunity to lead OlinHuntsman and deliver long-term value for our shareholders, customers, employees and communities."

"As our industry continues to globalize, we compete more today against countries, than companies, trade policies and global supply chains than ever before," said Peter Huntsman, Chairman, President and Chief Executive Officer of Huntsman. "The opportunities this merger creates enable us to generate greater value for our shareholders, deliver exceptional service and products for our customers and provide greater stability and opportunities for our associates. This merger of equals takes two great companies and creates a much stronger global leader."

Strategic and Financial Rationale

Creates a $12B+ North American Chemicals Leader. Together Olin and Huntsman would have 2025 revenue of approximately $12.5 billion on a combined company basis. Complementary portfolios and enhanced geographic footprint, including a significant presence in the U.S. Gulf Coast, will position OlinHuntsman to capitalize on regional sector dynamics. This, along with its presence in Europe and Asia, will enable it to better serve customers across key markets. Olin's ammunition business, Winchester, will continue to operate as a key business within the combined company, growing its industry-leading brand and deepening its long-term relationships with sporting, law enforcement and military customers. Vertical Integration Improves Cost Position. The transaction will combine Olin's manufacturing and feedstock capabilities, including chlorine and caustic soda, with Huntsman's downstream products and formulation expertise. This platform will enable OlinHuntsman to grow with customers at multiple points in the value chain, utilize lower-cost producer economics to drive value globally and improve margins and cash flow through a more efficient operating model. $400M+ Cost Synergies and Integration Benefits. Olin and Huntsman have identified more than $300 million of cost synergies and integration benefits, with the vast majority realized within 24 months and all expected by the end of year three. These synergies will be driven by purchasing and raw material integration, optimization of operations and SG&A savings. The companies have also identified an additional $100 million of raw material integration benefits starting in 2031. In addition to the $400M+ synergies, OlinHuntsman expects to realize approximately $125 million of cash tax benefits through the acceleration of Net Operating Losses. Enhanced Scale and Disciplined Capital Allocation Drive Shareholder Value. The all-stock merger of equals structure will preserve balance sheet strength, and the combination is expected to improve earnings and cash flow generation through the cycle. OlinHuntsman will prioritize disciplined capital allocation focused on deploying maintenance capital to support safe and reliable operations, a stable dividend policy, near-term deleveraging and the deployment of future excess cash toward shareholder returns and high-return organic and inorganic growth projects. Leadership, Governance and Headquarters

The combined company will benefit from a highly experienced management team and Board of Directors, drawing from both organizations. Upon closing of the transaction, current Olin President and Chief Executive Officer, Ken Lane, will serve as Chief Executive Officer of OlinHuntsman. Current Chairman, President and Chief Executive Officer of Huntsman, Peter Huntsman, will serve as non-executive Chairman of OlinHuntsman's Board of Directors. Current Huntsman Executive Vice President and Chief Financial Officer, Phil Lister, will serve as the Chief Financial Officer of the combined company.

OlinHuntsman's Board of Directors will consist of ten members, with equal representation from Olin and Huntsman, including Peter Huntsman and Ken Lane.

To underscore the commitment to deliver on the identified synergies, Todd Slater, current Senior Vice President and Chief Financial Officer of Olin, will serve as Chief Integration Officer of OlinHuntsman, reporting to the Chief Executive Officer. A Strategic Integration Committee of OlinHuntsman's Board of Directors will oversee the integration and synergy realization.

Upon closing of the transaction, OlinHuntsman will be headquartered in The Woodlands, Texas.

Transaction Details

Under the terms of the agreement, Huntsman shareholders will receive 0.5476 shares in Olin for every one (1) share of Huntsman. Upon completion of the transaction, Olin shareholders will own approximately 54.5% and Huntsman shareholders will own approximately 45.5% of the combined company.

Peter Huntsman further stated, "Ken and I agreed to use an at-the-market exchange ratio using volume-weighted average prices over the trailing 30 days, measured as of the close of June 12, 2026. This delivers a premium to Huntsman's shareholders relative to the historical averages while reflecting current market conditions. It is also equitable for Olin's shareholders, smoothing out share price movements from last week's trading. Looking ahead, our shared focus is on capturing the significant long-term value this transaction creates for both sets of shareholders."

The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close in the first half of 2027, subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals and the approval of Olin's shareholders and Huntsman's shareholders.

Advisors

Lazard is serving as financial advisor to Olin, and Cravath, Swaine & Moore LLP and Sidley Austin LLP are serving as legal counsel.

Citi and Morgan Stanley & Co. LLC are acting as financial advisors to Huntsman and Kirkland & Ellis LLP is serving as legal counsel. David Fox & Co. LLC acted as advisor to Huntsman.

Conference Call and Additional Materials

Olin and Huntsman will host a joint investor conference call today at 8:00 a.m. Eastern Time to discuss the transaction.

The conference call will be available via live webcast on the investor relations section of each company's website at www.olin.com/investors/investors-overview/ and www.huntsman.com/investors, or directly at the following web address:

https://event.on24.com/wcc/r/5394127/E052E3C66157E626B1E63E314E310A1E.

Associated presentation materials will also be available for viewing on the respective websites prior to the call.

The conference call can also be accessed by dialing:

Participant Toll-Free Number:

800-420-1459

Participant Direct/International Number:

203-518-9861

Conference ID:

OLNHUN

About Olin

Olin Corporation is a leading vertically integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, industrial cartridges, and clay targets.

Visit www.olin.com for more information on Olin Corporation.

About Huntsman

Huntsman Corporation is a publicly traded global manufacturer and marketer of diversified chemical products with 2025 revenues of approximately $6 billion from our continuing operations. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 55 manufacturing, R&D and operations facilities in approximately 25 countries and employ approximately 6,000 associates within our continuing operations. For more information about Huntsman, please visit the company's website at www.huntsman.com.

Social Media:
X: www.x.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
LinkedIn: www.linkedin.com/company/huntsman

Additional Information and Where to Find It

This communication may be deemed to be solicitation material in respect of the proposed transaction between Olin Corporation ("Olin") and Huntsman Corporation ("Huntsman"). In connection with the proposed transaction, Olin and Huntsman intend to file relevant materials with the United States Securities and Exchange Commission (the "SEC"), including, among other filings, an Olin registration statement on Form S-4 in connection with the proposed issuance of shares of Olin's common stock pursuant to the proposed transaction, which Form S-4 will include a joint proxy statement/prospectus of Olin and Huntsman, which after the registration statement is declared effective by the SEC, will be mailed to shareholders of Olin and stockholders of Huntsman seeking their approval of their respective transaction-related proposals. INVESTORS AND STOCKHOLDERS OF OLIN AND HUNTSMAN ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC IN THEIR ENTIRETY, INCLUDING THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT/PROSPECTUS, AS EACH MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION, THE PARTIES TO THE PROPOSED TRANSACTION AND ANY SOLICITATION. This communication is not a substitute for the registration statement, the joint proxy statement/prospectus or any other document that Olin or Huntsman may file with the SEC and send to their respective shareholders and stockholders in connection with the proposed transaction. Investors and securityholders will be able to obtain free copies of the registration statement and the joint proxy statement/prospectus, as each may be amended or supplemented from time to time, and other relevant documents filed with the SEC by Olin and Huntsman (when they become available) from the SEC's website at www.sec.gov, on Olin's website at www.olin.com under the tab "Investors" and under the heading "SEC Filings" and on Huntsman's website at www.huntsman.com under the tab "Investors" and under the heading "Financials" and subheading "SEC filings."

Participants in the Solicitation

Olin, Huntsman, their respective directors, executive officers and certain other members of management and employees, under SEC rules, may be deemed to be "participants" in the solicitation of proxies from Olin's shareholders and Huntsman's stockholders in connection with the proposed transaction. Information about Olin's directors and executive officers is set forth in Olin's Proxy Statement on Schedule 14A for its 2026 Annual Meeting of shareholders, which was filed with the SEC on March 20, 2026, its Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on February 20, 2026, its Current Report on Form 8-K, which was filed with the SEC on April 30, 2026, and subsequent statements of changes in beneficial ownership on file with the SEC, including the Initial Statements of Beneficial Ownership on Form 3, Statements of Change in Ownership on Form 4 or Annual Statements of Beneficial Ownership on Form 5 on file with the SEC, including filings made on March 20, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 5, 2026, May 19, 2026 and June 3, 2026. Information about Huntsman's directors and executive officers is set forth in the Huntsman Proxy Statement on Schedule 14A for its 2026 Annual Meeting of stockholders, which was filed with the SEC on March 16, 2026, its Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on February 18, 2026, its Current Report on Form 8-K, which was filed with the SEC since May 1, 2026, and subsequent statements of changes in beneficial ownership on file with the SEC, including the Initial Statement of Beneficial Ownership on Form 3, Statements of Change in Ownership on Form 4 or Annual Statements of Beneficial Ownership on Form 5 on file with the SEC, including filings made on June 3, 2026.

Additional information concerning the interests of potential participants in the solicitation of proxies in connection with the proposed transaction, which may, in some cases, be different than those of Olin's shareholders or Huntsman's stockholders generally, will be set forth in the registration statement, the joint proxy statement/prospectus and other relevant materials to be filed with the SEC relating to the proposed transaction. You may obtain these documents (when they become available) free of charge through the website maintained by the SEC at http://www.sec.gov and from the Olin or Huntsman websites described above.

No Offer or Solicitation

This communication does not constitute an offer to sell or the solicitation of an offer to buy or exchange any securities or a solicitation of any vote or approval in any jurisdiction. It does not constitute a prospectus or prospectus equivalent document. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

Cautionary Statement Regarding Forward-Looking Statements

This communication contains "forward-looking statements". These statements relate to analyses and other information that are based on management's current beliefs, certain assumptions and forecasts made by management, and current expectations, estimates and projections. Such forward-looking statements include statements regarding the proposed combination between Olin and Huntsman, the future results of the combined company and the benefits anticipated to be realized from the proposed combination, the impact of the proposed transaction on the combined company's business, projections as to the amount and timing of synergies and the closing date for the proposed transaction, and other uncertainties and contingencies in connection with the foregoing. The statements contained in this communication that are not statements of historical facts may include "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. We have used the words "anticipate," "intend," "may," "expect," "believe," "should," "plan," "outlook," "project," "estimate," "forecast," "optimistic," "target" and variations of such words and similar expressions in this communication to identify such forward-looking statements.

The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from these forward-looking statements. Risks and uncertainties include, but are not limited to: (i) the risk that the proposed transaction may not achieve some or all of the anticipated benefits and that the proposed transaction may not be completed in a timely manner or at all; (ii) the failure to receive, on a timely basis or otherwise, the required approvals of the proposed transaction by Olin's shareholders or Huntsman's stockholders; (iii) the possibility that any or all of the various conditions to the consummation of the proposed transaction may not be satisfied or waived, including the failure to receive any required regulatory approvals from any applicable governmental entities (or any conditions, limitations or restrictions placed on such approvals); (iv) the possibility that competing offers or acquisition proposals may be made; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement relating to the proposed transaction; (vi) the effect of the announcement or pendency of the proposed transaction on Olin's or Huntsman's ability to attract, motivate or retain key executives and associates, their ability to maintain relationships with customers, vendors, service providers and others with whom they do business, or their operating results and business generally; (vii) risks related to the proposed transaction diverting management's attention from Olin's and Huntsman's ongoing business operations; (viii) the risk of stockholder litigation in connection with the proposed transaction, including resulting expense or delay; (ix) business, industry and operational risks applicable to Olin and/or Huntsman, including (a) sensitivity to economic, business and market conditions in the United States and overseas, including economic instability or a downturn in the sectors served by Olin and/or Huntsman; (b) declines in average selling prices for Olin's and/or Huntsman's products and the supply/demand balance for Olin's and/or Huntsman's products, including the impact of excess industry capacity; (c) unsuccessful execution of Olin's and/or Huntsman's operating models; (d) failure to control costs and inflation impacts or failure to achieve targeted cost reductions; (e) availability of and/or higher-than-expected costs of raw material, energy, transportation, and/or logistics; (f) Olin's and/or Huntsman's reliance on a limited number of suppliers for specified feedstock and services and their reliance on third-party transportation; (g) the occurrence of unexpected manufacturing interruptions and outages, including those occurring as a result of labor disruptions and production hazards; (h) exposure to physical risks associated with climate-related events or increased severity and frequency of severe weather events; (i) the failure or an interruption, including cyber-attacks, of Olin's and/or Huntsman's information technology systems, including risks from the rapid evolution and increased adoption of artificial intelligence technologies that may intensify cybersecurity risks and enable new or augment existing attack techniques and the potential for intellectual property infringement or unintentional disclosure of proprietary or confidential information through artificial intelligence tools; (j) risks associated with Olin's and/or Huntsman's international sales and operations, including economic, political or regulatory changes; (k) weak industry conditions affecting Olin's and/or Huntsman's ability to comply with the financial maintenance covenants in its debt agreements; (l) Olin's and/or Huntsman's indebtedness and debt service obligations; (m) failure to identify, attract, develop, retain and motivate qualified employees throughout the respective organizations and ability to manage executive officer and other key senior management transitions; (n) adverse conditions in the credit and capital markets, limiting or preventing Olin's and/or Huntsman's ability to borrow or raise capital; (o) Olin's and/or Huntsman's inability to complete future acquisitions or joint venture transactions or successfully integrate them into the business; (p) the effects of any declines in global equity markets on asset values and any declines in interest rates or other significant assumptions used to value the liabilities in, and funding of, Olin's and/or Huntsman's pension plans;  (q) Olin's and/or Huntsman's long-range plan assumptions not being realized, causing a non-cash impairment charge of long-lived assets; (r) exposure to risks associated with the creditworthiness of Olin's and/or Huntsman's key suppliers, customers and business partners and reductions in demand for their customers' products; (s) failure to develop new products, processes or applications, or failure to keep pace with evolving technological innovations in end-use markets; (t) inability to protect patents and trade secrets or enforce intellectual property rights, particularly in countries where effective intellectual property laws and judicial systems may be unavailable; (u) conflicts, military actions, terrorist attacks, political events, public health crises and general instability, along with increased security regulations, that could adversely affect Olin and/or Huntsman's business; and (v) legal, environmental and regulatory risks, including (a) changes in, or failure to comply with, legislation or government regulations or policies, including changes regarding Olin's and/or Huntsman's ability to manufacture or use certain products and changes within the international markets in which Olin and/or Huntsman operate; (b) new regulations or public policy changes regarding the transportation of hazardous chemicals and the security of chemical manufacturing facilities; (c) unexpected outcomes from legal or regulatory claims and proceedings; (d) costs and other expenditures in excess of those projected for environmental investigation and remediation or other legal proceedings; (e) various risks associated with Olin's Lake City U.S. Army Ammunition Plant contract and performance under other governmental contracts  and (f) compliance with data privacy regulations, including the General Data Protection Regulation (GDPR) and other applicable data privacy laws, which could result in substantial fines, penalties and legal liability.

All of Olin's and Huntsman's forward-looking statements should be considered in light of these factors. In addition, other risks and uncertainties not presently known to Olin or Huntsman or that Olin or Huntsman consider immaterial could affect the accuracy of the forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions, which are difficult to predict and many of which are beyond the control of Olin and/or Huntsman. Therefore, actual outcomes and results may differ materially from those matters expressed or implied in such forward-looking statements. A further list and descriptions of these risks, uncertainties, and other factors can be found in Olin's filings with the SEC, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other filings, available at the website maintained by the SEC at http://www.sec.gov, https://olin.com or on request from Olin and in Huntsman's filings with the SEC, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and other filings, available at the website maintained by the SEC at http://www.sec.gov, https://www.huntsman.com  or on request from Huntsman. Any forward-looking statement made in this release speaks only as of the date of this communication. Neither Olin nor Huntsman undertake any obligation to update publicly any forward-looking statements, or any other information in this release whether as a result of future events, new information or otherwise, or to correct any inaccuracies or omissions in them which become apparent. All forward-looking statements in this communication are qualified in their entirety by this cautionary statement.

Important Note about Combined and Non-GAAP Financial Information

The financial information for the combined businesses of Olin and Huntsman is based on management's estimates, assumptions and projections and has not been prepared in conformance with the applicable requirements of Regulation S-X relating to pro forma financial information, and the required pro forma adjustments have not been applied and are not reflected therein. This information is provided for illustrative purposes only and should not be considered in isolation from, or as a substitute for, the historical financial statements of Olin or Huntsman. These measures are provided for illustrative purposes and are based on an arithmetic sum of the relevant historical financial measures of Olin and Huntsman. These measures do not reflect what the combined company's financial condition or results of operations would have been had the proposed transaction occurred on or prior to the dates indicated. Various factors could cause actual future results to differ materially from those currently estimated by management, including, but not limited to, the risks described above and in each of Olin's and Huntsman's respective filings with the SEC.

This communication also includes certain financial measures not calculated in accordance with U.S. generally accepted accounting principles ("GAAP"), such as adjusted EBITDA, combined adjusted EBITDA, combined sales, synergies and integration benefits. Non-GAAP financial measures have limitations as an analytical tool and are not meant to be considered in isolation from, or as a substitute for, the comparable GAAP measures. There are limitations to non-GAAP financial measures because they are not prepared in accordance with GAAP and may not be comparable to similarly titled measures of other companies due to potential differences in methods of calculation and items being excluded. Olin and Huntsman caution you not to place undue reliance on these non-GAAP financial measures.

For a definition of Olin's and Huntsman's respective adjusted EBITDA and a reconciliation of adjusted EBITDA to the most comparable GAAP financial measure for 2025, please see Olin's Current Report on Form 8-K filed with the SEC on January 29, 2026 and Huntsman's Current Report on Form 8-K filed with the SEC on February 18, 2026.

SOURCE Olin Corporation; Huntsman Corporation
2026-06-17 07:21 1mo ago
2026-06-16 09:21 1mo ago
Wall Street Struggles for Direction After Peace Deal Surge
HUN Huntsman Corporation
FMP Stock News
Original source text
U.S. stock futures are moving mixed Tuesday as investors react to updated U.S. and Iran peace deal reports. Optimism surrounding the pending ceasefire and reopening of the Strait of Hormuz helped lift the Dow Jones Industrial Average (DJI) to an intraday record yesterday, with futures today looking to extend these gains, up triple digits. Traders also kept an eye on SpaceX (SPCX), which continued its strong post-IPO rally, while oil prices moved below $80 per barrel for the first time in roughly three months.

Continue reading for more on today's market, including:

Monitoring crosswinds as market volatility continues to ramp up, per Schaeffer's Senior V.P. of Research Todd Salamone. Why Applovin stock looks like a healthy pick for bull traders.  Plus, layoffs boost HOOD; Huntsman outlines buyout plans; and Pizza Hut gets sold.

5 Things You Need to Know Today The Cboe Options Exchange saw more than 2.7 million call contracts and 1.5 million put contracts traded on Monday. The single-session equity put/call ratio remained at 0.54, while the 21-day moving average remained at 0.59.  Robinhood Markets Inc (NASDAQ:HOOD) added 2% before the bell after announcing plans to reduce its workforce by 10%. HOOD has struggled for most of 2026 and now carries a 13.2% deficit for this time frame. The 200-day moving also average looms overhead, adding pressure to the stock's recent outperformance. Huntsman Corporation (NYSE:HUN) is moving 10% lower in pre-market trading after the company announced plans to join forces with Olin through an all-stock merger. The shares are looking to extend multi-month highs and have added 58.9% year-to-date.   Yum! Brands Inc (NYSE:YUM) gained 0.6% ahead of the open after agreeing to sell its Pizza Hut operation to private equity firm LongRange Captial for $2.7 billion. The equity is looking to extend its daily win streak to four, should these gains hold. YUM this past week moved back above the year-to-date breakeven mark. Investors are tuning in for the latest Fed interest rate decision, later this week. 

Asian Markets Trade Mixed After BoJ Update Asian markets finished mixed on Tuesday, as investors turned their attention to the U.S.-Iran peace deal. The Bank of Japan (BoJ) lifted its benchmark interest rate to 1%, its highest level since 1995, amid inflation concerns. Japan’s Nikkei inched 0.1% higher, while the South Korean Kospi enjoyed a 2.1% pop. Elsewhere, China’s Shanghai Composite slid 0.1%, while Hong Kong’s Hang Seng fell 1.4%.

European markets are moving higher, looking to extend yesterday’s gains.  London’s FTSE 100 last seen up 0.6%, while the French CAC 40 and German DAX rise 0.7% and 0.5%, respectively.
2026-06-17 07:21 1mo ago
2026-06-16 11:02 1mo ago
Huntsman Corporation (HUN) M&A Call Transcript
HUN Huntsman Corporation
FMP Stock News
Original source text
Huntsman Corporation (HUN) M&A Call Transcript
2026-06-17 07:21 1mo ago
2026-06-16 12:12 1mo ago
HUN Stock Alert: Halper Sadeh LLC is Investigating Whether Huntsman Corporation is Obtaining a Fair Price for its Shareholders
HUN Huntsman Corporation
FMP Stock News
Original source text
-

Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.

The proposed transaction may contain terms that could limit superior competing offers.

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Huntsman Corporation (NYSE: HUN) to Olin Corporation for 0.5476 shares of Olin for each share of Huntsman.

Halper Sadeh encourages Huntsman shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected].

The investigation concerns whether Huntsman and its board of directors violated the federal securities laws and/or breached their fiduciary duties by failing to: (1) obtain the best possible price for Huntsman shareholders; (2) conduct a fair sales process free of any conflicts of interests; and (3) disclose all material information for Huntsman shareholders to evaluate the transaction.

On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief and benefits.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

More News From Halper Sadeh LLC

Back to Newsroom
2026-06-17 07:21 1mo ago
2026-06-16 12:15 1mo ago
HUN Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Huntsman Corporation With Olin Corporation
HUN Huntsman Corporation
FMP Stock News
Original source text
MONSEY, N.Y., June 16, 2026 (GLOBE NEWSWIRE) -- The Monsey law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Huntsman Corporation (NYSE: HUN) (“Huntsman”) with Olin Corporation (“Olin”) pursuant to which Huntsman shareholders will receive 0.5476 shares in Olin for every one (1) share of Huntsman.

In trading on June 16, 2026, the price of Huntsman shares have fallen over 18% on the news of the merger as of 11:45 A.M. Eastern time.

Huntsman’s stock price is falling because, based on the closing price of Olin of $25.30 as of June 15, 2026, the implied sale price is approximately $13.85 per Huntsman share. This implied sale price is well below the closing price of Huntsman $15.89 per share on June 15, 2026. The implied sale price is also well below the price targets for Huntsman of multiple Wall Street analysts, including:

Patrick Cunningham of Citi ($16.00 target price)Vincent Andrews of Morgan Stanley ($15.00 target price)David Begleiter of Deutsche Bank ($15.00 target price)Duffy Fischer of Goldman Sachs ($15.00 target price) (source: TipRanks)

If you remain a Huntsman shareholder and have concerns about the fairness of the proposed merger, you may contact our firm at the following link to discuss your legal rights at no charge:

https://wohlfruchter.com/cases/huntsman-corporation/

Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected].

“We are investigating whether the Huntsman Board of Directors acted in the best interests of Huntsman shareholders in approving the merger,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the exchange ratio agreed upon is fair to Huntsman shareholders, and whether all material information regarding the transaction has been fully disclosed. We encourage Huntsman stockholders to contact us if they have any concerns.”

About Wohl & Fruchter
Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
[email protected]
www.wohlfruchter.com
2026-06-17 07:21 1mo ago
2026-06-16 13:00 1mo ago
HUN Stock Alert: Halper Sadeh LLC is Investigating Whether Huntsman Corporation is Obtaining a Fair Price for its Shareholders
HUN Huntsman Corporation
FMP Stock News
Original source text
Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Huntsman Corporation (NYSE: HUN) to Olin Corporation for 0.5476 shares of Olin for each share of Huntsman.

Halper Sadeh encourages Huntsman shareholders to click here to learn more about their rights and optionsor contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected].

The investigation concerns whether Huntsman and its board of directors violated the federal securities laws and/or breached their fiduciary duties by failing to: (1) obtain the best possible price for Huntsman shareholders; (2) conduct a fair sales process free of any conflicts of interests; and (3) disclose all material information for Huntsman shareholders to evaluate the transaction.

On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief and benefits.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260616556764/en/
2026-06-17 07:21 1mo ago
2026-06-16 09:05 1mo ago
Schneider drivers building legacy of safety, one mile at a time
SNDR Schneider National
FMP Stock News
Original source text
-

Hundreds of drivers celebrated for safe driving milestones, demonstrating how the company’s continuous training and support help drivers build thriving, long-term careers

GREEN BAY, Wis.--(BUSINESS WIRE)--Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, is celebrating hundreds of drivers for reaching new safety milestones while delivering reliable performance for shippers. Beyond these remarkable individuals, the awards also reflect Schneider’s responsible leadership in investing in drivers for the long haul and providing them with training, equipment and tools to be successful.

This year’s recipients help reinforce safe practices across Schneider’s fleet, supporting the company’s responsible operations and reliable service for customers.

“These milestones represent thousands of decisions made the right way,” said Schneider President and CEO Mark Rourke. “We celebrate the accomplishments of these award-earning professionals whose experience, determination and skill help push our safety performance forward.”

Schneider is committed to helping its associates and the industry operate more safely. The company’s hands-on onboarding, safety analytics and innovative virtual reality tools help prepare drivers to handle challenging scenarios with confidence. Additionally, Schneider equips trucks with features like collision mitigation sensors, speed limiters, side guard assist for blind spots and lane departure warnings. Taken together, these technological innovations can help improve safety for drivers and those with whom they share the road.

Schneider’s approach reflects what drivers value most, a company that equips them to help do the job the right way and lives up to the promises it makes. It also supports shippers’ need for reliable service, helping ensure freight is delivered on time and supply chains continue moving.

Schneider drivers stay for decades and can achieve these milestones because of the mentorship and support fostered at the company. This year, the transportation leader proudly recognizes the outstanding drivers who have helped keep the roads safe and inspire others:

85 drivers received the Consecutive Safe Driving Award, celebrating 10 or more consecutive years without a preventable accident or significant lost-time injury. Ira Kelley was recognized for achieving 40 years of consecutive safe driving in 2025, following his accomplishment in 2022 of reaching 4 million safe miles without a preventable accident. 84 drivers earned the Million Mile Award for transporting freight over 1 million miles accident-free or achieving a new million-mile milestone above their previous achievement. Four drivers reached the incredible milestone of 30 years of consecutive safe driving. 29 drivers were honored in the prestigious Haul of Fame event on June 11, either being inducted or having their plaques updated with new milestones. The Haul of Fame honors drivers for 3 million safe driving miles or 20 consecutive years of preventable accident-free driving. With this year’s class, the Haul of Fame now includes 448 total inductees. To permanently honor the recipients, plaques displaying their names are installed on the Haul of Fame wall at the company’s headquarters in Green Bay, Wisconsin. Schneider driving careers are shaped by a culture that values experience, accountability and safety leadership. For drivers who want stability, dependable paychecks and room to grow, the carrier is consistently recognized as one of the best places to work. To learn more about growing your career at Schneider, visit: https://schneiderjobs.com/.

About Schneider

Schneider is a premier multi-modal provider of transportation and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.

Schneider has been delivering superior customer experiences and investing in innovation for over 90 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit Schneider.com or follow the company socially on Facebook, LinkedIn and X: @WeAreSchneider.

Source: Schneider SNDR

More News From Schneider SNDR

Back to Newsroom
2026-06-17 07:21 1mo ago
2026-06-16 10:01 1mo ago
Schneider drivers building legacy of safety, one mile at a time
SNDR Schneider National
FMP Stock News
Original source text
Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, is celebrating hundreds of drivers for reaching new safety milestones while delivering reliable performance for shippers. Beyond these remarkable individuals, the awards also reflect Schneider’s responsible leadership in investing in drivers for the long haul and providing them with training, equipment and tools to be successful.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615280115/en/

Schneider drivers building legacy of safety, one mile at a time

This year’s recipients help reinforce safe practices across Schneider’s fleet, supporting the company’s responsible operations and reliable service for customers.

“These milestones represent thousands of decisions made the right way,” said Schneider President and CEO Mark Rourke. “We celebrate the accomplishments of these award-earning professionals whose experience, determination and skill help push our safety performance forward.”

Schneider is committed to helping its associates and the industry operate more safely. The company’s hands-on onboarding, safety analytics and innovative virtual reality tools help prepare drivers to handle challenging scenarios with confidence. Additionally, Schneider equips trucks with features like collision mitigation sensors, speed limiters, side guard assist for blind spots and lane departure warnings. Taken together, these technological innovations can help improve safety for drivers and those with whom they share the road.

Schneider’s approach reflects what drivers value most, a company that equips them to help do the job the right way and lives up to the promises it makes. It also supports shippers’ need for reliable service, helping ensure freight is delivered on time and supply chains continue moving.

Schneider drivers stay for decades and can achieve these milestones because of the mentorship and support fostered at the company. This year, the transportation leader proudly recognizes the outstanding drivers who have helped keep the roads safe and inspire others:

85 drivers received the Consecutive Safe Driving Award, celebrating 10 or more consecutive years without a preventable accident or significant lost-time injury. Ira Kelley was recognized for achieving 40 years of consecutive safe driving in 2025, following his accomplishment in 2022 of reaching 4 million safe miles without a preventable accident. 84 drivers earned the Million Mile Award for transporting freight over 1 million miles accident-free or achieving a new million-mile milestone above their previous achievement. Four drivers reached the incredible milestone of 30 years of consecutive safe driving. 29 drivers were honored in the prestigious Haul of Fame event on June 11, either being inducted or having their plaques updated with new milestones. The Haul of Fame honors drivers for 3 million safe driving miles or 20 consecutive years of preventable accident-free driving. With this year’s class, the Haul of Fame now includes 448 total inductees. To permanently honor the recipients, plaques displaying their names are installed on the Haul of Fame wall at the company’s headquarters in Green Bay, Wisconsin. Schneider driving careers are shaped by a culture that values experience, accountability and safety leadership. For drivers who want stability, dependable paychecks and room to grow, the carrier is consistently recognized as one of the best places to work. To learn more about growing your career at Schneider, visit: https://schneiderjobs.com/.

About Schneider

Schneider is a premier multi-modal provider of transportation and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.

Schneider has been delivering superior customer experiences and investing in innovation for over 90 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit Schneider.com or follow the company socially on Facebook, LinkedIn and X: @WeAreSchneider.

Source: Schneider SNDR

View source version on businesswire.com: https://www.businesswire.com/news/home/20260615280115/en/
2026-06-17 07:21 1mo ago
2026-06-16 08:00 1mo ago
Inspire Medical Systems, Inc. Announces Presence at SLEEP 2026 and Publication of PREDICTOR Study
INSP Inspire Medical Systems
FMP Stock News
Original source text
Highlights New Clinical Data, Technology Advancements, and Cardiovascular Outcomes Research June 16, 2026 08:00 ET  | Source: Inspire Medical Systems

MINNEAPOLIS, June 16, 2026 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP), a medical technology company focused on innovative, minimally invasive solutions for patients with obstructive sleep apnea (OSA), today announced its participation in SLEEP 2026, the 40th annual meeting of the Associated Professional Sleep Societies (APSS), taking place June 14–17 in Baltimore, Maryland.

SLEEP is the premier global forum for sleep medicine and research, jointly hosted by the American Academy of Sleep Medicine (AASM) and the Sleep Research Society (SRS).

Advancing Innovation and Clinical Evidence

“We are pleased to return to SLEEP and showcase the continued evolution of the Inspire platform, including the Inspire V system, alongside compelling new clinical data demonstrating real-world effectiveness,” said Tim Herbert, Chairman and Chief Executive Officer. “Our long-standing partnership with SLEEP reflects our commitment to advancing physician education and improving outcomes for patients with OSA worldwide.”

At Booth #525, attendees can explore:

The Inspire V system and recent technology advancementsClinical evidence supporting closed-loop therapy detailing respiratory sensing and inspiratory overlapThe Inspire SleepSync™ remote patient management platformResources for establishing and scaling Inspire programs New Clinical Insights: Hypoxic Burden and Cardiovascular Outcomes

Multiple presentations at SLEEP 2026 will highlight the growing body of evidence supporting Inspire therapy, particularly in improving cardiovascular risk markers. Separately, Inspire will highlight additional research at its exhibit booth, including recent peer-reviewed articles on hypoxic burden and cardiovascular outcomes, which complement these presentations and are not being presented as part of the SLEEP 2026 program.

The first article from Dr. Xu1 is a secondary analysis from the STAR trial that demonstrated:

Significant reductions in hypoxic burden, a key physiologic measure of oxygen desaturation linked to OSA riskImprovements in daytime sleepiness that correlate with hypoxic burden reduction, independent of AHI or arousal index changesMeaningful hypoxic burden improvements in at least 50% of AHI non-responders, supporting its role as a complementary biomarkerHypoxic burden is a measure of the total impact of oxygen desaturation events during sleep, integrating the depth, duration, and frequency of these events to quantify sleep apnea severity These findings reinforce hypoxic burden as an emerging and clinically relevant endpoint and align with a growing number of studies evaluating cardiovascular outcomes in patients treated with Inspire therapy versus Continuous Positive Airway Pressure (CPAP) and untreated populations.

1 – Xu et al, Hypoglossal Nerve Stimulation and Hypoxic Burden in Patients with Obstructive Sleep Apnea - A Secondary Analysis of the STAR Trial; JAMA Otolaryngology Head Neck Surg. doi:10.1001/jamaoto.2026.1049 Published online May 21, 2026

The second article from Dr. Nayak2 compared clinical outcomes between HNS and CPAP in OSA patients using data from the TriNetX database and compared a matched group of 3,525 patients in each group (CPAP and Inspire therapy).

OSA is linked to cardiovascular, metabolic, and neuropsychiatric morbidityThe hypoglossal nerve stimulation cohort had significantly lower odds of stroke, myocardial infarction, atrial fibrillation/flutter, hypertensive crisis, pulmonary embolism, ventricular tachycardia, COPD exacerbation, acute kidney injury, hospitalization, acute heart failure, and othersHypoglossal nerve stimulation may offer systemic benefits and reduce healthcare burden compared to CPAP 2 – Nayak et al, Clinical Outcomes of Hypoglossal Nerve Stimulation Versus Continuous Positive Airway Pressure in Obstructive Sleep Apnea; OTO Open 2026, Vol. 10(2):e70240 April-June 2026

PREDICTOR Study Publication

Inspire also announced the publication of the PREDICTOR study3, which identified body mass index and neck circumference as predictors of complete concentric collapse. These findings suggest that many patients may be screened for Inspire therapy eligibility without requiring drug-induced sleep endoscopy (DISE), potentially reducing diagnostic burden, time to treatment, and healthcare costs.

3 – Weiner et al, Anthropometric Measurements Inform Complete Concentric Collapse Status in Patients with Obstructive Sleep Apnea; OTO Open 2026, Vol. 10(2):e70245 April-June 2026

Key Data Presentations

Sessions of Interest

June 16 | 10:00 – 10:45 AM | Room 341
Target Trial Emulation of Hypoglossal Nerve Stimulation and Cardiovascular OutcomesJune 16 | 11:45 AM – 12:45 PM | Holiday Ballroom 4–5
Long-Term Cardiovascular Outcomes Following HGNS Therapy Highlighted Poster Presentations

10:00 a.m. to 11:45 a.m. Tuesday, June 16, Exhibit Hall G

Next-Generation Hypoglossal Nerve Stimulation Therapy for the Treatment of Obstructive Sleep Apnea: Final Study Results 44 participants enrolled and successfully implanted with no device revisions or explantsInspire V implant times decreased by 20.4% compared to the Inspire IV systemRespiratory sensing as demonstrated by Inspiratory Phase Overlap demonstrated superiority to the Inspire IV system at 87.1% vs. 79.4%Mean AHI decrease of 25.5 events per hour from median AHI of 34.4 at baseline to 8.4Mean adherence at 5.9 hours of usage per night Evaluation of a Next-Generation Unilateral Hypoglossal Nerve Stimulation with Respiratory Sensing Platform: Data from the Limited Market Release Retrospective review of 41 patients implanted with Inspire V during a limited market releaseMean nightly therapy usage of 6.21 hours per night over the 30 days following in-lab post-titration sleep study97.6% of patients self-reported experiencing benefit from Inspire therapy Comprehensive Assessment of a 5,000 Patient Longitudinal Hypoglossal Nerve Stimulation Registry: Final Results of the ADHERE Registry The ADHERE registry was designed to enroll 5,000 participants implanted with a hypoglossal nerve stimulation device throughout the U.S. and EuropeBaseline information included demographics, medical history, sleep study results, and daytime sleepiness using the Epworth Sleepiness Scale (ESS)Post-titration sleep studies show a 62% median decrease in AHISignificant improvement in daytime sleepiness with ESS score of 6 at post-titration and final follow-up6.4 hours per night mean therapy usage at post-titration and 5.8 hours per night at final visit90% of physicians saw improvement in their patients A Target Trial Emulation of Hypoglossal Nerve Stimulation Therapy for OSA and Cardiovascular Outcomes – Late breaking abstract Independent study using the Definitive Healthcare Atlas database in which 4,388 Inspire therapy patients were matched up with adherent CPAP patients, non-adherent CPAP patients, and those who remained untreated  Compared to untreated patients, Inspire therapy was associated with the reduction of 8 of 9 MACE diagnoses while CPAP therapy was associated with the reduction of 6 of 9 MACE diagnosesInspire therapy is estimated to reduce the risk of MACE diagnoses compared to CPAP therapy and no treatment Real World Comparison of Patient Compliance and Efficacy Using Continuous Positive Airway Pressure versus Hypoglossal Nerve Stimulation Independent retrospective study examined 45 patients from 2016 to 2024 with moderate to severe OSA initially treated with CPAP who later transitioned to Inspire therapyInspire therapy adherence was demonstrated to exceed CPAP adherence at 93% at 30 days as compared to 56% for CPAP and 91.7% at 90 days as compared to 56% for CPAPInspire therapy demonstrated approximately 65% greater median disease alleviation than CPAP, primarily through improved adherence over 90 daysSuperior adherence may improve long-term cardiovascular and quality-of-life outcomes About AASM
The American Academy of Sleep Medicine is the only professional society in the U.S. dedicated exclusively to the medical subspecialty of sleep medicine. The AASM improves sleep health and promotes high quality, patient-focused care through advocacy, education, evidence-based research, and practice standards.

About SRS
The Sleep Research Society is an organization for scientific investigators who educate and research sleep and circadian science. The SRS serves its members and the field of sleep research through training and education, and by providing forums for the collaboration and the exchange of ideas.

About Inspire Medical Systems
Inspire is a medical technology company focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea. Inspire’s proprietary Inspire therapy is the first FDA, EU MDR, and PDMA-approved neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea.

For additional information about Inspire, please visit www.inspiresleep.com.

Safe Harbor for Forward-Looking Statements and Additional Disclosure Considerations
This press release contains forward-looking statements, including statements regarding potential clinical outcomes, the interpretation of clinical data and the expected adoption and use of Inspire therapy. Forward-looking statements involve inherent risks and uncertainties, and important factors could cause actual results to differ materially from those anticipated, including the factors identified in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and as such factors may be updated from time to time in our filings with the SEC, which are accessible on the SEC’s website at www.sec.gov and the Investors page of our website at www.inspiresleep.com.

The clinical studies and publications referenced in this press release vary in design, patient populations, endpoints, and methodologies. As a result, outcomes across studies are not directly comparable, and findings from observational or retrospective analyses may not establish causation. Certain statements also involve comparisons to alternative therapies; such comparisons are based on individual study findings and should be interpreted with caution. These data should be considered in the context of the limitations of each study and the broader body of clinical evidence.

Investor and Media Contact
Ezgi Yagci
Vice President, Investor Relations
[email protected]
617-549-2443
2026-06-17 07:21 1mo ago
2026-06-15 10:09 1mo ago
CVLT Investors Have Opportunity to Lead Commvault Systems, Inc. Securities Fraud Lawsuit with the Schall Law Firm
CVLT CommVault Systems
FMP Stock News
Original source text
LOS ANGELES, June 15, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Commvault Systems, Inc. (“Commvault” or “the Company”) (NASDAQ: CVLT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

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

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

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

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

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

Join the case to recover your losses

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

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

CONTACT:

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

SOURCE:

The Schall Law Firm
2026-06-17 07:21 1mo ago
2026-06-16 05:20 1mo ago
CVLT Investors Have Opportunity to Lead Commvault Systems, Inc. Securities Fraud Lawsuit
CVLT CommVault Systems
FMP Stock News
Original source text
, /PRNewswire/ -- 

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Commvault Systems, Inc. (NASDAQ: CVLT) between April 29, 2025 and January 26, 2026, inclusive (the "Class Period"), of the important July 17, 2026 lead plaintiff deadline.

So what: If you purchased Commvault securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 17, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details Of The Case: According to the lawsuit, defendants provided overwhelmingly positive statements while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Commvault's ARR growth environment; pertinently, Commvault knew or recklessly disregarded that its ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.
2026-06-17 07:21 1mo ago
2026-06-16 09:07 1mo ago
CVLT Shareholder Alert: Commvault Systems, Inc. Securities Class Action Lawsuit - Investors With Losses May Contact Levi & Korsinsky
CVLT CommVault Systems
FMP Stock News
Original source text
-

Commvault's SEC Filings Allegedly Contained Generic Risk Warnings That Failed to Disclose Specific, Known Problems With ARR Growth Calculations, Costing CVLT Investors $40.23 Per Share When the Truth Emerged

NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP examines the adequacy of Commvault Systems, Inc.'s (NASDAQ: CVLT) risk disclosures during the period from April 29, 2025 through January 26, 2026. A securities class action has been filed in the United States District Court for the District of New Jersey on behalf of stockholders who suffered losses. Find out if you qualify to recover your investment losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

CVLT shares collapsed 31%, falling $40.23 per share from $129.36 to $89.13 on January 27, 2026, after the company disclosed that quarterly net new ARR of $39 million missed the $45 million target management had set just months earlier. The lead plaintiff deadline is July 17, 2026.

What the Company Disclosed to Investors

Throughout the Class Period, Commvault's public filings and earnings presentations included forward-looking statements about ARR growth expectations. Management raised total ARR growth guidance twice, from 16%-17% in April 2025, to 18% in July, and then to 18%-19% in October. The complaint challenges whether these projections were accompanied by meaningful cautionary language identifying the specific factors that could cause actual results to fall short.

What the Action Alleges Was Missing From Disclosures

The securities action contends that Commvault's disclosures omitted critical information investors needed to evaluate the reliability of ARR guidance:

ARR growth was dependent on the mix of SaaS versus term-license sales, with SaaS deals landing at average selling prices 2 to 3 times lower than software licensesThe Company allegedly failed to disclose that a shift toward SaaS deals, which constituted 70% of net new ARR by Q3, would mechanically dilute total ARR growth figuresLonger-duration term-license deals carried price concessions and negatively impacted ARR calculations (computed as total contract value divided by duration), a factor allegedly not disclosed alongside raised guidanceThe complaint asserts that forward-looking statements about $40 million and then $45 million quarterly net new ARR targets were not identified as forward-looking when made and lacked meaningful cautionary statementsWhy Generic Warnings May Not Have Protected Investors

The complaint specifically alleges that the statutory safe harbor for forward-looking statements does not apply because the projections at issue were not labeled as forward-looking when made and contained no meaningful cautionary language identifying important factors that could cause actual results to differ materially. As pleaded in the action, Commvault's ARR guidance was presented with increasing confidence each quarter while the mathematical relationship between SaaS deal mix and ARR output was already known internally.

"Generic risk factor language cannot substitute for disclosing specific, known problems that are already affecting a company's operations. When a company raises guidance over multiple consecutive quarters while aware that product mix dynamics could undermine those very targets, investors deserve specific disclosure of that risk." -- Joseph E. Levi, Esq.

Speak with an attorney about whether Commvault's disclosures met legal standards or call (212) 363-7500.

LEAD PLAINTIFF DEADLINE: July 17, 2026

ABOUT LEVI & KORSINSKY, LLP -- Levi & Korsinsky, LLP, Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered for investors.

Frequently Asked Questions About the CVLT Lawsuit

Q: What specific misstatements does the CVLT lawsuit allege? A: The complaint alleges Commvault made materially false or misleading statements regarding its ARR growth guidance for fiscal year 2026, failing to disclose that the growth was dependent on the mix of SaaS versus term-license sales and that SaaS deals carry significantly lower average selling prices. When the true state was revealed on January 27, 2026, the stock price declined sharply.

Q: When did Commvault allegedly mislead investors? A: The class period runs from April 29, 2025 to January 26, 2026. During this time, management raised ARR growth guidance multiple times before the January 27, 2026 corrective disclosure revealed the guidance was allegedly built on flawed assumptions.

Q: What do CVLT investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.

Q: What if I already sold my CVLT shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.

Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.

More News From Levi & Korsinsky, LLP

Back to Newsroom
2026-06-17 07:21 1mo ago
2026-06-16 09:13 1mo ago
CVLT Shareholder Alert: Commvault Systems, Inc. Securities Class Action Lawsuit - Investors With Losses May Contact The Gross Law Firm
CVLT CommVault Systems
FMP Stock News
Original source text
, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Commvault Systems, Inc. (NASDAQ: CVLT).

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

CONTACT US HERE:

https://securitiesclasslaw.com/securities/commvault-systems-inc-loss-submission-form/?id=188273&from=4 

CLASS PERIOD: April 29, 2025 to January 26, 2026

ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Commvault's ARR growth environment; pertinently, Commvault knew or recklessly disregarded that the Company's ARR growth guidance failed to properly factor in crucial variables, such as the type of sale.  On January 27, 2026, Commvault published third quarter 2026 fiscal results, which included ARR growth below the guidance provided by the Company. In particular, ARR growth for the third quarter 2026 was $39 million, which fell short of the $45 million projection provided.  Following this news, the price of Commvault's common stock declined dramatically. From a closing market price of $129.36 per share on January 26, 2026, Commvault's stock price fell to $89.13 per share on January 27, 2026, a decline of over 31% in a single day.

DEADLINE: July 17, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/commvault-systems-inc-loss-submission-form/?id=188273&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CVLT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 17, 2026. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

SOURCE The Gross Law Firm
2026-06-17 07:21 1mo ago
2026-06-16 10:01 1mo ago
CVLT Shareholder Alert: Commvault Systems, Inc. Securities Class Action Lawsuit - Investors With Losses May Contact Levi & Korsinsky
CVLT CommVault Systems
FMP Stock News
Original source text
Levi & Korsinsky, LLP examines the adequacy of Commvault Systems, Inc.'s (NASDAQ: CVLT) risk disclosures during the period from April 29, 2025 through January 26, 2026. A securities class action has been filed in the United States District Court for the District of New Jersey on behalf of stockholders who suffered losses. Find out if you qualify to recover your investment losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

CVLT shares collapsed 31%, falling $40.23 per share from $129.36 to $89.13 on January 27, 2026, after the company disclosed that quarterly net new ARR of $39 million missed the $45 million target management had set just months earlier. The lead plaintiff deadline is July 17, 2026.

What the Company Disclosed to Investors

Throughout the Class Period, Commvault's public filings and earnings presentations included forward-looking statements about ARR growth expectations. Management raised total ARR growth guidance twice, from 16%-17% in April 2025, to 18% in July, and then to 18%-19% in October. The complaint challenges whether these projections were accompanied by meaningful cautionary language identifying the specific factors that could cause actual results to fall short.

What the Action Alleges Was Missing From Disclosures

The securities action contends that Commvault's disclosures omitted critical information investors needed to evaluate the reliability of ARR guidance:

ARR growth was dependent on the mix of SaaS versus term-license sales, with SaaS deals landing at average selling prices 2 to 3 times lower than software licensesThe Company allegedly failed to disclose that a shift toward SaaS deals, which constituted 70% of net new ARR by Q3, would mechanically dilute total ARR growth figuresLonger-duration term-license deals carried price concessions and negatively impacted ARR calculations (computed as total contract value divided by duration), a factor allegedly not disclosed alongside raised guidanceThe complaint asserts that forward-looking statements about $40 million and then $45 million quarterly net new ARR targets were not identified as forward-looking when made and lacked meaningful cautionary statementsWhy Generic Warnings May Not Have Protected Investors

The complaint specifically alleges that the statutory safe harbor for forward-looking statements does not apply because the projections at issue were not labeled as forward-looking when made and contained no meaningful cautionary language identifying important factors that could cause actual results to differ materially. As pleaded in the action, Commvault's ARR guidance was presented with increasing confidence each quarter while the mathematical relationship between SaaS deal mix and ARR output was already known internally.

"Generic risk factor language cannot substitute for disclosing specific, known problems that are already affecting a company's operations. When a company raises guidance over multiple consecutive quarters while aware that product mix dynamics could undermine those very targets, investors deserve specific disclosure of that risk." -- Joseph E. Levi, Esq.

Speak with an attorney about whether Commvault's disclosures met legal standards or call (212) 363-7500.

LEAD PLAINTIFF DEADLINE: July 17, 2026

ABOUT LEVI & KORSINSKY, LLP -- Levi & Korsinsky, LLP, Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered for investors.

Frequently Asked Questions About the CVLT Lawsuit

Q: What specific misstatements does the CVLT lawsuit allege? A: The complaint alleges Commvault made materially false or misleading statements regarding its ARR growth guidance for fiscal year 2026, failing to disclose that the growth was dependent on the mix of SaaS versus term-license sales and that SaaS deals carry significantly lower average selling prices. When the true state was revealed on January 27, 2026, the stock price declined sharply.

Q: When did Commvault allegedly mislead investors? A: The class period runs from April 29, 2025 to January 26, 2026. During this time, management raised ARR growth guidance multiple times before the January 27, 2026 corrective disclosure revealed the guidance was allegedly built on flawed assumptions.

Q: What do CVLT investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.

Q: What if I already sold my CVLT shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.

Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260616600137/en/
2026-06-17 07:21 1mo ago
2026-06-16 13:45 1mo ago
ROSEN, HIGHLY REGARDED INVESTOR COUNSEL, Encourages Commvault Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CVLT
CVLT CommVault Systems
FMP Stock News
Original source text
New York, New York--(Newsfile Corp. - June 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Commvault Systems, Inc. (NASDAQ: CVLT) between April 29, 2025 and January 26, 2026, inclusive (the "Class Period"), of the important July 17, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Commvault securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 17, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants provided overwhelmingly positive statements while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Commvault's ARR growth environment; pertinently, Commvault knew or recklessly disregarded that its ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Commvault class action, go to https://rosenlegal.com/cases/commvault-systems-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301734

Source: The Rosen Law Firm PA

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

Contact Us
2026-06-17 07:21 1mo ago
2026-06-16 15:04 1mo ago
Commvault Systems Inc. (CVLT) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
CVLT CommVault Systems
FMP Stock News
Original source text
, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Commvault Systems Inc. ("Commvault" or the "Company") (NASDAQ: CVLT) have opportunity to lead the securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN COMMVAULT SYSTEMS INC. (CVLT), CLICK HERE BEFORE JULY 17, 2026 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

 What Is The Lawsuit About?
The complaint filed alleges that, between April 29, 2025 and January 26, 2026, Defendants failed to disclose to investors that: (1) Commvault knew or recklessly disregarded the impact that different types of sales would have on its ARR growth; (2) the variation in net ARR growth is strongly based on the type of sale Commvault is making, thus, the Company's projected net new ARR should not have been determined without properly factoring in sale type; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

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

SOURCE The Law Offices of Frank R. Cruz, Los Angeles
2026-06-17 07:21 1mo ago
2026-06-16 16:39 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Commvault Systems, Inc. of Class Action Lawsuit and Upcoming Deadlines – CVLT
CVLT CommVault Systems
FMP Stock News
Original source text
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Commvault Systems, Inc. (“Commvault” or the “Company”) (NASDAQ: CVLT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

The class action concerns whether Commvault and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

You have until July 17, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Commvault securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.

[Click here for information about joining the class action]

On January 27, 2026, Commvault reported its financial results for the third quarter of fiscal 2026 and revealed ARR growth below the Company’s prior guidance. In particular, ARR growth for the quarter was only $39 million, which fell short of the Company’s $45 million guidance.

On this news, Commvault’s stock price fell $40.23 per share, or 31.1%, to close at $89.13 per share on January 27, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-17 07:21 1mo ago
2026-06-16 17:44 1mo ago
Bragar Eagel & Squire, P.C. Reminds Commvault Systems, Inc. (NASDAQ:CVLT) Investors They Have Until July 17th to Contact the Firm Seeking Lead Plaintiff Role
CVLT CommVault Systems
FMP Stock News
Original source text
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Commvault (CVLT) To Contact Him Directly To Discuss Their Options

If you purchased or acquired Commvault securities between April 29, 2025 to January 26, 2026 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.

Click here to participate in the action.

NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) --

What’s Happening?

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Commvault Systems, Inc. (“Commvault” or the “Company”) (NASDAQ:CVLT) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired Commvault securities between April 29, 2025 to January 26, 2026, both dates inclusive (the “Class Period”). Investors have until July 17, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. What are the Allegation Details?

According to the complaint, during the class period defendants created the false impression that Commvault’s annualized recurring revenue (ARR) growth would remain steady throughout fiscal year 2026. Plaintiff alleges that Commvault knew or recklessly disregarded that the Company’s ARR growth guidance failed to properly factor in crucial variables, such as the type of sale. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Commvault’s securities at artificially inflated prices.Plaintiff then alleges that the truth was revealed on January 27, 2026, when Commvault published third quarter 2026 fiscal results, which included ARR growth below the guidance provided by the Company. Commvault reported ARR growth for the third quarter 2026 was $39 million, which fell short of the $45 million projection provided. On this news, the price of Commvault’s common stock declined from a closing price of $129.36 per share on January 26, 2026, to $89.13 per share on January 27, 2026, a decline of over 31% in a single day. What are my Next Steps?

If you purchased or otherwise acquired Commvault shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com.  Attorney advertising.  Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
[email protected]
www.bespc.com
2026-06-17 07:21 1mo ago
2026-06-16 18:05 1mo ago
Commvault Systems (CVLT) Securities Class Action Filed Amid Q3 2026's Apparent Inconsistencies With Prior Growth Narrative and $1.7B Market Cap Wipeout - HBSS
CVLT CommVault Systems
FMP Stock News
Original source text
, /PRNewswire/ -- Commvault Systems, Inc. (NASDAQ: CVLT) faces a securities class action lawsuit, which seeks to represent investors who purchased or otherwise acquired Commvault securities between April 29, 2025 and January 26, 2026.

Hagens Berman is investigating the pending claims alleging Commvault's pre-January 27 disclosures violated the federal securities laws. The firm encourages Commvault investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist the investigation to contact its attorneys.

The lawsuit follows the massive 31% collapse in the company shares on January 27, 2026, triggered by the company's Q3 2026 financial results that included a significant shortfall in certain critical financial metrics.

View our latest video summary of the allegations: youtu.be/YILiBV90q2w

Class Period: Apr. 29, 2025 – Jan. 26, 2026
Lead Plaintiff Deadline: July 17, 2026
Visit: www.hbsslaw.com/investor-fraud/cvlt
Contact the Firm Now: [email protected]

Commvault Systems, Inc. (CVLT) Securities Class Action:

Commvault provides its customers cyber resiliency by protecting and recovering their data and cloud-native applications amidst increasing cyber threats and attacks.

The company generates revenues through subscriptions, including Software-as-a-Service ("SaaS"), and has said that subscription annual recurring revenue ("ARR") "is the best indicator of the company's growth." Accordingly, investors have focused on this key metric, of which SaaS ARR accounts for about 38%.

During the Class Period, Commvault repeatedly touted that its "execution has never been better across the business[,]" said it would "continue to see hyper-growth within [its] SaaS platform[,]" and hyped its ARR growth and accelerated SaaS target achievement "two quarters earlier than planned."

The primary focus of the litigation is the claim that the company and its management knew but did not disclose how different types of sales would impact ARR growth, that the company increasingly focused on lower-priced SaaS deals and discounting, and created the misleading impression that its ARR would remain steady throughout fiscal 2026.

Investors learned the truth on January 27, 2026 after Commvault reported underwhelming Q3 2026 financial results. Of concern was the significant miss in net new ARR, a reduction in full-year ARR growth guidance, and a dramatic deceleration in SaaS ARR year-over-year growth (down year-over-year from 71% to just 40%).

The primary discrepancy with the company's earlier growth narrative was its revelation that composition of sales activity (type of sale) mattered – unknown to investors, volumes increasingly came from dramatically lower-priced SaaS deals and heavily discounted long-term contracts, both of which significantly pressured ARR and SaaS ARR.

Along with the market's swift, negative reaction, several analysts (some of whom reportedly characterized the results as a "mess" and questioned Commvault's ability to execute) promptly downgraded their Commvault investment and price target ratings.

"We're investigating the pending claims that Commvault intentionally misled investors about adverse impact on its growth narrative brought about by the change in type of sales revelations," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

If you invested in Commvault and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now.

If you'd like more information and answers to frequently asked questions about the Commvault case and the firm's investigation, read more »

Whistleblowers: Persons with non-public information regarding Commvault should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. 

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

SOURCE Hagens Berman Sobol Shapiro LLP
2026-06-17 07:21 1mo ago
2026-06-16 18:51 1mo ago
Commvault Systems (CVLT) Dips More Than Broader Market: What You Should Know
CVLT CommVault Systems
FMP Stock News
Original source text
In the latest trading session, Commvault Systems (CVLT - Free Report) closed at $125.21, marking a -1.67% move from the previous day. This change lagged the S&P 500's daily loss of 0.57%. At the same time, the Dow added 0.64%, and the tech-heavy Nasdaq lost 1.15%.

The stock of data-management software company has risen by 20.2% in the past month, leading the Computer and Technology sector's gain of 2.85% and the S&P 500's gain of 2.14%.

Market participants will be closely following the financial results of Commvault Systems in its upcoming release. The company's upcoming EPS is projected at $1.16, signifying a 14.85% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $311.03 million, up 10.3% from the year-ago period.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.19 per share and revenue of $1.31 billion. These totals would mark changes of +19.31% and +10.52%, respectively, from last year.

Investors should also pay attention to any latest changes in analyst estimates for Commvault Systems. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Commvault Systems is carrying a Zacks Rank of #3 (Hold).

In the context of valuation, Commvault Systems is at present trading with a Forward P/E ratio of 24.56. Its industry sports an average Forward P/E of 14.39, so one might conclude that Commvault Systems is trading at a premium comparatively.

The Computer - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 155, placing it within the bottom 37% of over 250 industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
2026-06-17 07:20 1mo ago
2026-06-16 18:35 1mo ago
First Horizon Bank Recognized in CityBusiness Reader Rankings
FHN First Horizon National Corporation
FMP Stock News
Original source text
, /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") is proud to announce it has been recognized in the 2026 CityBusiness Reader Rankings, an annual reader-selected awards program highlighting leading businesses, organizations and professionals across the Greater New Orleans area.

First Horizon Bank CityBusiness Awards First Horizon Bank earned Top Winner honors for Best Small Business Bank and Winner recognition for Best Business Bank. Voted on by CityBusiness readers, these awards reflect the trust clients and community members place in the bank and their commitment to delivering exceptional service and financial solutions throughout the region.

"We are honored to be recognized by loyal CityBusiness readers," said Jimmy Dunn, New Orleans Market President for First Horizon Bank. "This recognition is especially meaningful because it comes directly from the community we are privileged to serve every day. We remain committed to helping our clients achieve their financial goals while investing in the communities where we live and work."

About First Horizon 
First Horizon Corp. (NYSE: FHN), with $84.1 billion in assets as of March 31, 2026, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states concentrated in the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.

SOURCE First Horizon Bank
2026-06-17 07:20 1mo ago
2026-06-16 10:51 1mo ago
Why Alnylam Pharmaceuticals (ALNY) is a Top Momentum Stock for the Long-Term
ALNY Alnylam Pharmaceuticals
FMP Stock News
Original source text
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Alnylam Pharmaceuticals (ALNY - Free Report) Cambridge, MA-based Alnylam Pharmaceuticals Inc. is a development-stage biopharmaceutical company focused on the development of novel therapeutics based on RNA interference (RNAi). The company’s pipeline of experimental RNAi therapeutics is focused across three strategic therapeutic areas – genetic medicines, cardio-metabolic disease, and hepatic infectious disease. In 2018, Onpattro (patisiran) received regulatory approvals in the United States and Europe for the treatment of hereditary transthyretin-mediated (hATTR) amyloidosis in adults. In 2019, the FDA approved Givlaari (givosiran) for acute hepatic porphyria (AHP). In 2020, the FDA approved Oxlumo (lumasiran) injection for subcutaneous use to treat primary hyperoxaluria type 1 (PH1) to lower urinary oxalate levels in pediatric and adult patients. In 2022, the FDA approved Amvuttra (vutrisiran) for the treatment of adult patients with polyneuropathy of hATTR amyloidosis. Amvuttra is also approved by the European Commission (EC) for the treatment of hATTR amyloidosis in adult patients with stage 1 or stage 2 polyneuropathy. Its label has also been expanded to treat the cardiomyopathy indication.

ALNY is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Medical stock. ALNY has a Momentum Style Score of A, and shares are up 0.5% over the past four weeks.

For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.09 to $9.22 per share. ALNY boasts an average earnings surprise of +321.8%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, ALNY should be on investors' short list.
2026-06-17 07:20 1mo ago
2026-06-16 05:35 1mo ago
Ameriprise Financial: Recurring Revenues, High ROE, And Still Moderate Valuation
AMP Ameriprise Financial
FMP Stock News
Original source text
Ameriprise Financial delivers strong recurring revenues and robust 30% operating margins in Advice & Wealth Management, with AUM/AUA reaching a record $1.7 trillion. AMP trades at a discounted 11.2x P/E, below its five-year average and peers, despite superior 54.3% ROE and aggressive capital returns via buybacks and dividends. Business transformation to a fee-based, low-capital-intensive model enhances stability, while advisor productivity and AUM/AUA growth support long-term earnings power.
2026-06-17 07:20 1mo ago
2026-06-16 15:00 1mo ago
Matching Energy Bill Relief Available: Apply for PG&E's Match My Payment Program While Funds Last
AMP Ameriprise Financial
FMP Stock News
Original source text
Eligible Customers May Receive Up to $1,000 to Pay Past‑Due Bills

, /PRNewswire/ -- Pacific Gas and Electric Company's (PG&E) Match My Payment Program has provided nearly $30 million in matching payments to help more than 78,000 customers catch up on past-due energy bills since the program began one year ago. Limited funds are still available for a short time.

PG&E launched the Match My Payment Program last June, offering a dollar-for-dollar match of up to $1,000 for qualifying low-to moderate-income customers to pay past-due energy bills to stop service disconnections.

In 2026, PG&E expanded its bill relief efforts by committing $50 million to support programs including Match My Payment and PG&E's Relief for Energy Assistance through Community Help (REACH). REACH provides income-eligible customers with a bill credit of up to $800 based on the past-due balance. The emergency assistance is available for customers with a disconnection notice.

"PG&E Match My Payment provides meaningful support for many customers whose incomes don't typically qualify for other assistance, said Vincent Davis, PG&E Senior Vice President and Chief Customer Officer. "The strong response over the past year shows the difference a dollar‑for‑dollar match can make for families who are behind on their energy bills."

Since 2025, the three counties with the highest number of approved applications and funding include Fresno, Kern, and San Joaquin. In these three counties combined, PG&E has distributed more than $12.5 million in bill assistance.

PG&E Match My Payment recipients can receive multiple matches throughout the year by paying at least $50 toward a past-due balance of $100 or more. Eligibility is based on federal income guidelines. For example, a family of four earning less than $132,000 annually may qualify. This is double the income limit of the PG&E REACH program.

Funding is distributed on a first-come, first-served basis. Customers are encouraged to check their eligibility and apply while funds last. PG&E works with the nonprofit Dollar Energy Fund (DEF) to process applications.

Coordinated Support for REACH Recipients

Customers who receive up to $800 in a REACH grant may also qualify for up to $1,000 through Match My Payment, for combined support of up to $1,800, or while funds last. Eligibility for PG&E's REACH program follows federal income guidelines, which are lower than those for the PG&E Match My Payment Program.

Other Income-eligible Assistance Programs

Customers are also encouraged to check if they qualify for PG&E's other assistance programs including:

California Alternate Rates for Energy Program (CARE): provides a monthly discount of 20% or more on gas and 35% or more on electricity (compared to non-CARE bundled customers).Family Electric Rate Assistance Program (FERA): eligibility guidelines provide a monthly discount of 18% on electricity, regardless of household size. Low Income Energy Assistance Program (LIHEAP): a federally funded assistance program overseen by the state that offers a one-time payment up to $1,500 on past due bills to help low-income households pay for heating or cooling in their homes. Payments may vary by location and funding availability.Arrearage Management Plan (AMP): a debt forgiveness plan for eligible residential customers. Customers may also qualify for Medical Baseline, which offers an additional allotment of energy at the lower baseline rate or a discount on rate plans without baselines, and priority shutoff notifications for those who depend on power for certain medical needs. Enrollment requires certification by a qualified medical practitioner.

To learn more about PG&E's assistance programs, use the free Savings Finder tool or visit pge.com/billhelp.

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than sixteen million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news

View original content to download multimedia:https://www.prnewswire.com/news-releases/matching-energy-bill-relief-available-apply-for-pges-match-my-payment-program-while-funds-last-302802183.html

SOURCE Pacific Gas and Electric Company
2026-06-17 07:19 1mo ago
2026-06-16 08:21 1mo ago
California Resources Corporation Announces Private Offering of $550 Million of Senior Unsecured Notes
CRC California Resources Corp
FMP Stock News
Original source text
LONG BEACH, Calif., June 16, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $550 million in aggregate principal amount of senior unsecured notes due 2035 (the “Notes”). The Notes will be guaranteed by all of the Company’s existing subsidiaries that guarantee its revolving credit facility, its 8.250% senior notes due 2029 (the “2029 Notes”) and its 7.000% senior notes due 2034, and certain future subsidiaries. The Company intends to use the net proceeds from this offering, together with borrowings under its revolving credit facility and/or cash on hand to fund the redemption of all outstanding $550 million in aggregate principal amount of its 2029 Notes at a redemption price of 104.125% thereof, plus accrued and unpaid interest to, but excluding, the date of redemption. The redemption of the 2029 Notes is expected to be conditioned on the completion of the offering of the Notes. The offering of the Notes is not contingent upon the completion of such redemption.

The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the rules promulgated thereunder and applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act.

This press release does not and shall not constitute an offer to sell or the solicitation of an offer to buy any Notes, nor shall there be any offer, solicitation or sale of Notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Additionally, this press release shall not constitute a notice of redemption under the indenture governing the 2029 Notes.

Forward-Looking Statement Disclosure

All statements, except for statements of historical fact, made in this release regarding activities, events or developments the Company expects, believes or anticipates will or may occur in the future, such as statements regarding the proposed offering and the intended use of proceeds, including the redemption of the 2029 Notes, are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements speak only as of the date of this release. Although the Company believes that the plans, intentions and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. Except as required by law, the Company expressly disclaims any obligation to and does not intend to publicly update or revise any forward-looking statements.

The Company cautions you that these forward-looking statements are subject to all of the risks and uncertainties incident to the Company’s business, most of which are difficult to predict and many of which are beyond the Company’s control. These risks include, but are not limited to, the risks described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and its subsequently filed Quarterly Reports on Form 10-Q.

About California Resources Corporation

California Resources Corporation (CRC) is an independent energy and carbon management company advancing the energy transition. CRC is committed to environmental stewardship while safely providing local, responsibly sourced energy. CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage and other emissions-reducing projects.

CRC Contacts:
2026-06-17 07:19 1mo ago
2026-06-16 17:11 1mo ago
California Resources Corporation Announces Pricing of Private Offering of $550 Million of Senior Unsecured Notes
CRC California Resources Corp
FMP Stock News
Original source text
LONG BEACH, Calif., June 16, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of its private offering of $550 million in aggregate principal amount of its 7.250% senior unsecured notes due 2035 (the “Notes”) at par. The Notes will be guaranteed by all of the Company’s existing subsidiaries that guarantee its revolving credit facility, its 8.250% senior notes due 2029 (the “2029 Notes”) and its 7.000% senior notes due 2034, and certain future subsidiaries. The offering is expected to close on June 26, 2026, subject to customary closing conditions.

The Company estimates that the net proceeds from the offering will be approximately $541 million after deducting the initial purchasers’ discount and estimated expenses. The Company intends to use the net proceeds from this offering, together with borrowings under its revolving credit facility and/or cash on hand to fund the redemption of all outstanding $550 million in aggregate principal amount of its 2029 Notes at a redemption price of 104.125% thereof, plus accrued and unpaid interest to, but excluding, the date of redemption. The redemption of the 2029 Notes is conditioned on the completion of the offering of the Notes. The offering of the Notes is not contingent upon the completion of such redemption.

The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the rules promulgated thereunder and applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act.

This press release does not and shall not constitute an offer to sell or the solicitation of an offer to buy any Notes, nor shall there be any offer, solicitation or sale of Notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Additionally, this press release shall not constitute a notice of redemption under the indenture governing the 2029 Notes.

Forward-Looking Statement Disclosure

All statements, except for statements of historical fact, made in this release regarding activities, events or developments the Company expects, believes or anticipates will or may occur in the future, such as statements regarding the proposed offering and the intended use of proceeds, including the redemption of the 2029 Notes, are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements speak only as of the date of this release. Although the Company believes that the plans, intentions and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. Except as required by law, the Company expressly disclaims any obligation to and does not intend to publicly update or revise any forward-looking statements.

The Company cautions you that these forward-looking statements are subject to all of the risks and uncertainties incident to the Company’s business, most of which are difficult to predict and many of which are beyond the Company’s control. These risks include, but are not limited to, the risks described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and its subsequently filed Quarterly Reports on Form 10-Q.

About California Resources Corporation

California Resources Corporation (CRC) is an independent energy and carbon management company advancing the energy transition. CRC is committed to environmental stewardship while safely providing local, responsibly sourced energy. CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage and other emissions-reducing projects.

CRC Contacts:

Hailey Bonus
CRC Media
714-874-7732
[email protected]

Daniel Juck
CRC Investor Relations
818-661-3700
[email protected]
2026-06-17 07:19 1mo ago
2026-06-16 19:17 1mo ago
Here's Why Axcelis Technologies (ACLS) Fell More Than Broader Market
ACLS Axcelis Technologies
FMP Stock News
Original source text
Axcelis Technologies (ACLS - Free Report) closed the most recent trading day at $176.85, moving -7.7% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.57%. Elsewhere, the Dow saw an upswing of 0.64%, while the tech-heavy Nasdaq depreciated by 1.15%.

The semiconductor services company's shares have seen an increase of 31.02% over the last month, surpassing the Computer and Technology sector's gain of 2.85% and the S&P 500's gain of 2.14%.

The investment community will be paying close attention to the earnings performance of Axcelis Technologies in its upcoming release. The company's earnings per share (EPS) are projected to be $0.9, reflecting a 20.35% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $205.1 million, reflecting a 5.43% rise from the equivalent quarter last year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.82 per share and revenue of $845.4 million. These totals would mark changes of -21.72% and +0.76%, respectively, from last year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Axcelis Technologies. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Axcelis Technologies is currently a Zacks Rank #3 (Hold).

With respect to valuation, Axcelis Technologies is currently being traded at a Forward P/E ratio of 50.2. This valuation marks a discount compared to its industry average Forward P/E of 50.27.

We can also see that ACLS currently has a PEG ratio of 11.41. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Electronics - Manufacturing Machinery was holding an average PEG ratio of 6.37 at yesterday's closing price.

The Electronics - Manufacturing Machinery industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 4, this industry ranks in the top 2% of all industries, numbering over 250.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.
2026-06-17 07:19 1mo ago
2026-06-16 11:10 1mo ago
Is SMCI Still an AI Winner? The Bull vs Bear Case
SMCI Super Micro Computer
FMP Stock News
Original source text
© inray27 / Shutterstock.com

Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) has whipsawed investors. The stock collapsed 29.87% in the past week alone after a $7 billion financing announcement, yet AI infrastructure demand keeps stacking up behind the scenes. I built the 24/7 Wall St. price target on this exact tension.

The 24/7 Wall St. Price Target for SMCI Our 24/7 Wall St. price target for Super Micro Computer (NASDAQ:SMCI) is $34, implying 10.22% upside from the current $30.85. The model rates Super Micro a buy with high confidence (90%), primarily because the post-financing selloff has reset the multiple while the order book keeps growing.

Metric Value Current Price $30.85 24/7 Wall St. Price Target $34.00 Upside 10.22% Recommendation BUY Confidence Level 90% A Brutal Week Resets the Setup Super Micro is down 25.77% over the past year but still up 5.4% year to date, sitting roughly 40% below the 52-week high of $62.36. The catalyst for the most recent leg down: a $7 billion equity and equity-linked financing package led by JPMorgan and Goldman to fund AI server components.

Q3 FY26 results, filed May 5, 2026, told the same split story. Non-GAAP EPS of $0.84 beat consensus by 34.51%, while revenue of $10.24 billion grew 122.7% YoY but missed estimates by 17.75%. Crucially, GAAP gross margin recovered to 9.9% from 6.3% the prior quarter.

Why Bulls See $44 and Higher The bull case is anchored in backlog. Seeking Alpha and Stone Fox Capital point to $39 billion in new AI server orders from 20 customers, nearly matching the full-year revenue target.

Super Micro also closed a $2 billion India deal with Gorilla Technology and inked a nuclear-power MOU with NANO Nuclear. CEO Charles Liang says “our margin recovery and the rapid growth of our DCBBS business demonstrate that our business remains robust.” Our bull-case price target lands at $44.38, a 43.85% return scenario.

What Could Go Wrong The bear case starts with governance. Q3 results remain preliminary and unaudited pending a Board independent review tied to export-control matters. Wolfe Research initiated coverage at Peer Perform, and Raymond James trimmed its target to $39 from $45. CEO Liang and Director Liu each disposed of 340,000 shares on May 26, 2026, a combined 680,000-share signal investors noticed.

Cash dynamics are the other concern: $6.6 billion of cash used in operations in Q3 and $8.8 billion in total bank debt and convertibles. Bulls would counter that the cash burn reflects aggressive inventory positioning for the Blackwell Ultra ramp. Our bear-case scenario lands at $27.96.

SMCI Price Prediction 2026-2030 The 24/7 Wall St. price target of $34 reflects a buy rating at 90% confidence. The decisive factor is valuation: a forward P/E of roughly 10x on a company growing revenue triple digits already prices in significant skepticism.

The setup looks constructive if the Board review closes cleanly and margins hold above 9%. The thesis weakens if the export-control investigation widens or if Q4 EPS lands below the $0.65 guidance floor.

Looking further ahead, here is where our model projects Super Micro could trade, assuming current growth trajectories and the AI infrastructure cycle hold.

Year 24/7 Wall St. Price Target 2026 $34.00 2030 $44.06 These projections assume Super Micro executes on its DCBBS roadmap and clears the governance overhang. Significant upside or downside could result from the export-control resolution and the pace of Blackwell Ultra deliveries.