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Valmont (VMI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road. Live financial news intelligence
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2026-06-15 09:54
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2026-06-15 04:51
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Valmont (VMI) Moves 3.5% Higher: Will This Strength Last? | FMP Stock News | |
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2026-06-15 09:50
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2026-06-15 03:59
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VRRM Investors Have Opportunity to Lead Verra Mobility Corporation Securities Fraud Lawsuit with the Schall Law Firm | FMP Stock News | |
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Original source text
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Verra Mobility Corporation ("Verra" or "the Company") (NASDAQ: VRRM) 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 February 24, 2026, and May 26, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 4, 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. Verra misled investors about its growth prospects. The Company downplayed the risk of major customers in the rental car industry replacing its services with in-house solutions. The Company concealed the fact that its relationship with Avis Budget Group, which represented 10% of its revenue, was at significant risk of falling apart. The Company finally revealed that Avis Budget Group terminated its relationship on May 26, 2026. 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 Verra, 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 |
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2026-06-15 09:50
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2026-06-15 04:00
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VRRM Investors Have Opportunity to Lead Verra Mobility Corporation Securities Fraud Lawsuit with the Schall Law Firm | FMP Stock News | |
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Original source text
VRRM Investors Have Opportunity to Lead Verra Mobility Corporation Securities Fraud Lawsuit with the Schall Law Firm PR NewswireLOS ANGELES, June 15, 2026 , /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Verra Mobility Corporation ("Verra" or "the Company") (NASDAQ: VRRM) 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 February 24, 2026, and May 26, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 4, 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. Verra misled investors about its growth prospects. The Company downplayed the risk of major customers in the rental car industry replacing its services with in-house solutions. The Company concealed the fact that its relationship with Avis Budget Group, which represented 10% of its revenue, was at significant risk of falling apart. The Company finally revealed that Avis Budget Group terminated its relationship on May 26, 2026. 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 Verra, investors suffered damages. Join the case to recover your losses The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: The Schall Law Firm Brian Schall, Esq., www.schallfirm.com Office: 310-301-3335 [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/vrrm-investors-have-opportunity-to-lead-verra-mobility-corporation-securities-fraud-lawsuit-with-the-schall-law-firm-302799932.html SOURCE The Schall Law Firm |
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2026-06-15 09:49
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2026-06-15 03:00
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Calix, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - CALX | FMP Stock News | |
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Original source text
Calix, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - CALX PR NewswireLOS ANGELES, June 15, 2026 , /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Calix, Inc. ("Calix" or "the Company") (NYSE: CALX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of CALX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: January 28, 2026 to April 21, 2026 DEADLINE: July 27, 2026 CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Calix's Q1 performance was improved by the advanced purchase of memory modules. As the Company's supply of memory fell, it suffered from significant margin pressure due to increasing memory prices on the open market. Based on these facts, Calix's public statements were false and materially misleading throughout the class period. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. Join the case to recover your losses. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1 Eastchester, NY 10709 Phone: 914-206-9742 Email: [email protected] View original content:https://www.prnewswire.com/news-releases/calix-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--calx-302799915.html SOURCE DJS Law Group LLP |
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2026-06-15 09:47
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2026-06-15 03:00
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FS KKR Capital Corp. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - FSK | FMP Stock News | |
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Original source text
FS KKR Capital Corp. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - FSK PR NewswireLOS ANGELES, June 15, 2026 , /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against FS KKR Capital Corp. ("FSK" or "the Company") (NYSE: FSK) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of FSK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: May 8, 2024 to February 25, 2026 DEADLINE: July 3, 2026 CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. FSK overvalued its portfolio and misled the market about its portfolio valuation process. The Company downplayed weakness in its quarterly dividend program. Based on these facts, FSK's public statements were false and materially misleading throughout the class period. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. Join the case to recover your losses. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1 Eastchester, NY 10709 Phone: 914-206-9742 Email: [email protected] View original content:https://www.prnewswire.com/news-releases/fs-kkr-capital-corp-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--fsk-302799914.html SOURCE DJS Law Group LLP |
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2026-06-15 09:46
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2026-06-15 03:56
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Casey's General Stores: Stronger Execution, But Valuation Still Caps Upside | FMP Stock News | |
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Casey's General Stores delivered strong Q4 2026 results, with broad-based inside-store growth and notable margin expansion. CASY's inside-store performance improved structurally, with margin gains driven by better cost management and a favorable sales mix. Fuel margins surged, but I view the Q4 levels as unsustainable and would not capitalize them as a new baseline. |
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Saved
2026-06-15 09:42
1mo ago
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2026-06-15 03:54
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BMI Investors Have Opportunity to Lead Badger Meter, Inc. Securities Fraud Lawsuit with the Schall Law Firm | FMP Stock News | |
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Original source text
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Badger Meter, Inc. ("Badger" or "the Company") (NYSE: BMI) 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 18, 2024 and April 16, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 3, 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. Badger Meter claimed its financial performance was based on "secular growth drivers," and "solid operating execution." The Company touted "strong" demand and a "long runway" for growth. In truth, the Company's performance was partially based on pulling forward customer orders to recognize revenue early. 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 Badger Meter, 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 |
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2026-06-15 09:40
1mo ago
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2026-06-15 04:08
1mo ago
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Blue Owl Capital: The Market Is Punishing This Stock For The Exact Reason It Should Love It | FMP Stock News | |
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Blue Owl Capital is rated Buy, trading at a steep discount despite robust growth in fee-related earnings and AUM. OWL's recurring management fees, primarily from permanent capital, drive predictable earnings and support a well-covered dividend. Real assets, especially data center buildouts with partners like Meta, are a key growth engine, offsetting concerns in the Credit Platform. |
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2026-06-15 09:33
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2026-06-15 03:30
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N-able Opens Bengaluru Office to Accelerate Security Innovation and Talent Growth | FMP Stock News | |
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-Global cybersecurity company expands investment in India to strengthen business resilience, support compliance readiness, and deepen access to local talent BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global cybersecurity company delivering business resilience, today announced the opening of its new Global Capability Centre (GCC) in Bengaluru, marking a strategic investment in India as the company expands its global security footprint in one of the world’s fastest-growing cybersecurity markets. Reuters recently reported that India’s GCC workforce is expected to reach 2.36 million employees by the end of 2026, with cybersecurity and AI among the most in-demand skills. As cyberthreats evolve and AI reshapes the technology landscape, this investment in Bengaluru reflects N-able’s commitment to helping businesses minimize risk, respond effectively, and maintain continuity. In India, where organisations are navigating rising cyber risk alongside data protection requirements, the expansion also supports stronger compliance readiness and cyber resilience for small and medium-sized businesses (SMBs). By expanding global innovation and advancing AI-driven capabilities, N-able continues to help IT providers strengthen business resilience across the full threat lifecycle – before, during, and after an attack. “Opening our Bengaluru office is an important step in how we scale true business resilience by investing in a market with deep technical talent,” said John Pagliuca, CEO N-able. “India plays a critical role in helping businesses address cyber risk, compliance demands, and operational complexity, not only locally, but for global organisations looking to build resilience at scale.” “With deep expertise under one roof in Bengaluru, we’re fast-tracking the next generation of capabilities from AI-powered innovation to modernized security operations,” said Mike Adler, Chief Technology and Product Officer at N-able. “We’re enabling the IT professionals and security experts to work smarter, respond faster, and confidently stay ahead of the rapidly evolving threat landscape.” The Bengaluru centre will support a range of core functions, including engineering, product management, user experience, and security operations. The centre currently employs over 100, with plans to scale by 50% or more by the end of 2026, reinforcing its long-term investment in India as a strategic innovation focus, supporting local job creation, and strengthening Bengaluru’s role as a cyber talent centre and growth engine in one of the country’s leading technology markets. To explore career opportunities and learn more about the people-first culture at N-able, visit the N-able Careers page. About N-able N-able protects businesses from evolving cyberthreats. Our AI powered cybersecurity platform delivers business resilience to more than 500,000 organizations worldwide, leveraging advanced end-to-end capabilities, simplified workflows, market leading integrations, and flexible deployment options to improve efficiency and drive critical security outcomes. Our partner first approach pairs our technology with experts, training, and peer-led events that empower customers to be secure, resilient, and successful. n-able.com © 2026 N-able Solutions ULC and N-able Technologies Ltd. All rights reserved. The N-able trademarks, service marks, and logos are the exclusive property of N-able Solutions ULC and N-able Technologies Ltd. All other trademarks are the property of their respective owners. Category: Company More News From N-able, Inc. Back to Newsroom |
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2026-06-15 09:33
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2026-06-15 04:24
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US cybersecurity firm N-able opens India GCC, plans 50% local workforce expansion by end-2026 | FMP Stock News | |
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June 15 (Reuters) - U.S.-based cybersecurity firm N-able Inc (NABL.N), opens new tab plans to expand its India workforce by at least 50% by the end of 2026, targeting the country's deep pool of AI and cybersecurity talent, CEO John Pagliuca said.N-able, which provides IT management, cybersecurity, and data protection software to more than 500,000 organizations globally, opened a Global Capability Center (GCC) in Bengaluru on Monday. The center currently employs more than 100 people. Get the latest news from India and how it matters to the world with the Reuters India File newsletter. Sign up here. The expansion comes amid a broader boom in India's GCC ecosystem. The country's GCC workforce is projected to reach 2.36 million employees by the end of 2026, with AI and cybersecurity driving much of the demand, according to a report by industry body Nasscom and consultancy Zinnov. "The reason we're in Bengaluru is capability," Pagliuca told Reuters in an interview. "Our priority is to build for the long term, with the right people and a strong foundation, not to pursue a short-term headcount play." Pagliuca said N-able's move was driven primarily by access to talent rather than cost reduction. While Bengaluru is India's premier technology hub, the market for AI and cybersecurity professionals is highly contested, with multinational companies and local technology firms competing for the same talent. Pagliuca said skills in AI engineering, applied machine learning, cloud security, and threat research are among the hardest to source. To attract high-caliber talent, N-able is relying on competitive packages and the opportunity to drive global innovation while building strong local career paths, he said. The launch comes as cybercriminals increasingly use generative AI to carry out sophisticated, automated attacks, with Pagliuca adding that the Bengaluru team will play a key role in developing defensive AI capabilities, including automated threat detection, monitoring and faster response times. However, N-able did not disclose its current market penetration among Indian small and medium-sized businesses or specific revenue targets for the country. Reporting by Chandini Monnappa in Bengaluru; Editing by Rashmi Aich Our Standards: The Thomson Reuters Trust Principles., opens new tab Chandini Monnappa leads a team of reporters at Reuters overseeing coverage of European companies. She has helped run various breaking news teams over the last seven years, covering corporate news across the UK, South Africa, Australia, and Asia. She has previously reported on automaker and consumer retail firms in India and frequently contributes to the coverage of Indian general and political news. |
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2026-06-15 09:31
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2026-06-15 03:35
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Apollo Global Management: Formation Of Fee-Generating AUM Remains Strong | FMP Stock News | |
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Original source text
13.97K FollowersAnalyst’s Disclosure: I/we have a beneficial long position in the shares of APO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2026-06-15 09:29
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2026-06-15 03:45
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HELE Investors Have Opportunity to Lead Helen of Troy Limited Securities Fraud Lawsuit with the Schall Law Firm | FMP Stock News | |
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Original source text
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Helen of Troy Limited ("Helen of Troy" or "the Company") (NASDAQ: HELE) 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 24, 2024 and October 8, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before August 3, 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. Helen of Troy misled investors about the success of its Project Pegasus restructuring program. The Company touted the "fuel" produced by Project Pegasus, despite what it called "implementation hiccups." The Company continued to tout its restructuring effort, telling shareholders, "despite the delayed savings related to our Tennessee distribution center, Project Pegasus continues to move forward. We have made good progress on the cost of goods sold work streams, implementing multiple projects that reduce costs and simplify our supplier base." 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 Helen of Troy, 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 |
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2026-06-15 09:28
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2026-06-15 05:06
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Murphy USA: Higher Fuel Prices Strengthen The Buy Case | FMP Stock News | |
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Original source text
47 FollowersAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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Saved
2026-06-15 09:23
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2026-06-15 03:56
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Best Value Stocks to Buy for June 15th | FMP Stock News | |
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Original source text
Here are three stocks with buy rank and strong value characteristics for investors to consider today, June 15:Pebblebrook Hotel Trust (PEB - Free Report) : This publicly traded real estate investment trust carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 5% over the last 60 days. Pebblebrook Hotel Trust has a price-to-earnings ratio (P/E) of 10.84 compared with 13.70 for the industry. The company possesses a Value Scoreof A. GDS Holdings Limited (GDS - Free Report) : This data center company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 222.8% over the last 60 days. GDS Holdings Limited has a price-to-earnings ratio (P/E) of 5.76 compared with 9.80 for the industry. The company possesses a Value Score of A. Alto Ingredients, Inc. (ALTO - Free Report) : This specialty chemicals company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 184.21% over the last 60 days. Alto Ingredients has a price-to-earnings ratio (P/E) of 10.56 compared with 12.20 for the industry. The company possesses a Value Score of A. See the full list of top ranked stocks here. Learn more about the Value score and how it is calculated here. |
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Saved
2026-06-15 08:53
1mo ago
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2026-06-15 02:30
1mo ago
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POET Investors Have Opportunity to Lead POET Technologies Inc. Securities Fraud Lawsuit with the Schall Law Firm | FMP Stock News | |
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Original source text
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) 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 1, 2026, and April 27, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before June 29, 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. POET misrepresented its tax status due to the likelihood it would be deemed a passive foreign investment company ("PFIC"), which would have negative tax implications for individual investors. The Company's business prospects were endangered by CFO Thomas Mika violating a business agreement in a public interview. 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 POET, 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 |
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2026-06-15 08:53
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2026-06-15 02:31
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POET Technologies Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - POET | FMP Stock News | |
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Original source text
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: April 1, 2026 to April 27, 2026 DEADLINE: June 29, 2026 CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. The likelihood of POET being declared a passive foreign investment company ("PFIC") led it to misrepresenting its tax status. Based on these facts, POET's public statements were false and materially misleading throughout the class period. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. Join the case to recover your losses. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1 Eastchester, NY 10709 Phone: 914-206-9742 Email: [email protected] SOURCE DJS Law Group LLP |
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2026-06-15 08:52
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2026-06-15 02:26
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Ondas: Defense Moat Vs. 324% Share Dilution | FMP Stock News | |
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Modern warfare has shifted forever, and Ondas is right at the epicenter. Q1 revenue skyrocketed 11x. Partnering with AI giant Palantir, ONDS has unlocked a revolutionary kinetic drone-intercept technology, securing a massive $457M backlog. But are you ready for the shocking catch? To fund this explosive growth, the company diluted its shares by a staggering 324% in just one year. |
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2026-06-15 08:50
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2026-06-15 02:54
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2 Sleep-Well-At-Night Mortgage REITs For Income Investors | FMP Stock News | |
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Original source text
Ladder Capital stands out as the top commercial mREIT pick, offering a compelling blend of yield, growth, and conservative management. LADR's diversified model, investment-grade ratings, and founder-led management drive resilience, with a covered 9.1% yield and consensus 20% growth for 2027. Starwood Property Trust is positioned as a stable, high-yield income vehicle, maintaining an 11.3% yield and conservative leverage but limited dividend growth. |
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2026-06-15 08:47
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2026-06-15 00:18
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Mining Tycoon Gina Rinehart Buys Over $1 Billion SpaceX Stake | FMP Stock News | |
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Australia's richest person has bought a more-than $1 billion stake in SpaceX. |
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Australia's richest person Rinehart takes $1 billion stake in SpaceX IPO, WSJ reports | FMP Stock News | |
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Hancock Prospecting Executive Chairman Gina Rinehart reacts during the Lest We Forget sunset tribute on the eve of ANZAC Day at Sydney Opera House in Sydney, Australia, April 24, 2025.... Purchase Licensing Rights, opens new tab Read moreMELBOURNE, June 15 (Reuters) - Australia's wealthiest person, mining baron Gina Rinehart, has taken a stake of more than $1 billion in the record-setting $75 billion SpaceX (SPCX.O), opens new tab IPO, the Wall Street Journal reported on Monday, citing a person familiar with the matter. Rinehart's company Hancock Prospecting did not confirm the size of its stake in Elon Musk's SpaceX. However, she said in a statement: "This is a significant investment for Hancock, and we are pleased to have received an allocation in what has been an extremely popular and oversubscribed IPO." The Reuters Inside Track newsletter is your essential guide during the World Cup. Sign up here. She praised Musk for having built two of the world's top 10 largest companies. “We see SpaceX as a rare business: led by a truly exceptional person, technically exceptional and operating in sectors that are crucial, and with long-term potential," said Rinehart, whose wealth was built on iron ore mined by her company, Hancock Prospecting. Hancock, which is a significant investor in critical minerals projects, aims to work with SpaceX on supplying its mineral needs. “In the future, we also see the possibility of mutually beneficial arrangements between SpaceX and Hancock Prospecting’s significant critical minerals investments, as demand grows for the materials and infrastructure needed to support advanced technology," Hancock CEO Garry Korte said in the statement. Hancock is a significant investor in a swathe of rare earths companies including U.S.-based MP Materials, and Rare Earths Americas (REA.A), opens new tab, and Australia's Lynas Rare Earths (LYC.AX), opens new tab, as well as lithium producer Liontown Resources (LTR.AX), opens new tab among many others. It bulked up its defence, gold and rare-earths holdings in its $3.3 billion U.S. portfolio this year, filings showed last month. Rinehart's investment in SpaceX was an instant winner. The shares shot up 19% in their debut last Friday, sending the company's value past $2 trillion to make it the sixth-biggest U.S. company as investors jumped at the chance to get a piece of Musk's sprawling empire spanning rockets, satellites and AI. While commending Musk's entrepreneurial prowess, Rinehart also called him a patriot for slashing U.S. federal jobs through President Donald Trump's Department of Government Efficiency (DOGE). "SpaceX is yet another clear example of why the world needs more enterprise, more builders and much less bureaucracy," Rinehart said. Rinehart, too, has become increasingly political, encouraging some of Australia's wealthiest voters to shift support from the country's opposition Liberal-National conservatives to populist, anti-migration party One Nation. Reporting by Melanie Burton; Editing by Sonali Paul Our Standards: The Thomson Reuters Trust Principles., opens new tab |
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SpaceX Climbed Nearly 20% in Its First Day of Trading. Here's Where the Stock Price Will Be in 3 Months, According to History. | FMP Stock News | |
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SpaceX (SPCX +19.22%) advanced more than 19% on Friday, its first day of trading -- and reached a market value of $2.1 trillion. This immediately puts it in the league of the world's biggest tech companies, such as Apple and Microsoft, in the so-called "trillion-dollar" club. SpaceX set its IPO price at $135, the stock opened at $150, and it closed at more than $160. The IPO offers SpaceX a spot in the record books, as it raised $75 billion for the biggest IPO ever.It isn't uncommon for a stock to soar on its IPO day, and we saw this recently with names such as Cerebras Systems surging 68% on its debut last month and biotech Parabilis Medicines advancing 58% during its first trading day last week. So now, the natural question is: How will SpaceX stock perform in the weeks and months to come? A look at history suggests where the stock price might be in three months... Image source: Getty Images. The SpaceX excitement First, let's talk a bit about SpaceX and why it's generated so much excitement. SpaceX is led by Elon Musk, who is also the chief of Tesla, and at both companies, Musk is known for his big ambitions and innovations -- for example, at SpaceX, he aims to put data centers in space. Though Musk's roadmap doesn't please everyone, certain major investors, such as Ark Invest and Baron Capital, are supporters and have backed SpaceX since its earlier days. SpaceX focuses on three businesses: rocket launches, satellite-based connectivity, and artificial intelligence (AI). Today, Starlink, the connectivity service, is the growth engine, generating $4.4 billion in income from operations last year, for a 120% gain year over year. And what's particularly interesting is SpaceX's strengths in rocket launches can serve all of its businesses, as goals across each rely on delivering certain types of equipment to space -- the fact that SpaceX can do this on its own is a big plus, as it offers the company flexibility, control, and a better cost structure. Musk said on a livestream before the IPO that the company is heading into "a significant growth phase," according to CNBC. One of the plans is to send 100,000 satellites into space for communications. Today's Change ( 19.22 %) $ 25.95 Current Price $ 160.95 Hefty investments required All of this is exciting, and if Musk reaches some of his goals, the company may be extremely successful. But it's important to note that these projects involve a good deal of risk, too. This is because they require hefty investment, and we can't be sure that certain goals, which depend on new or not yet fully developed technology, will be reached. Last year, capital spending in the AI business was particularly high, reaching $12 billion, and overall, SpaceX delivered an annual loss of $4.9 billion. Considering Musk's growth ambitions, I would expect this heavy investment to continue. So, while SpaceX could offer enormous rewards down the road, risk remains high. Now let's talk about stock performance and what may happen next. A look back in time at other big IPOs can offer us some clues. SpaceX's first-day gain is actually in line with the average first-day return of IPOs from 1990 through last year. An IPO report from the University of Florida's Jay Ritter shows the average gain at 21.6%. 10 big IPOs And a look at 10 of the biggest U.S. IPOs from 1999 through 2023 offers us a clear performance pattern. Eight out of the 10 delivered a decline in the three-month period following their market debuts. And the average drop was about 13%. For example, Meta Platforms slid 50% in its first three months of trading, while Uber Technologies lost 4%. All of this suggests that, if SpaceX follows the pattern of other enormous IPOs, the stock price could fall over the coming three months. In fact, if it's in line with the average, it could drop to $139, a level that's only slightly above its IPO price. Though it's impossible to predict near-term stock performance with 100% certainty, history suggests that SpaceX, like other enormous IPOs before it, may not result in immediate gains for investors. All of that means, if you're intrigued by SpaceX, you don't have to rush to get in on the stock -- it's likely there will be additional buying opportunities down the road. |
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Scottish Mortgage stock: SpaceX presents a risk, but Anthropic offers relief | FMP Stock News | |
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Scottish Mortgage Trust share price jumped by over 1% on Friday, paring back some of the losses made earlier that week as investors cheered the SpaceX IPO, which marked a major milestone for the fund. It jumped to a high of 1,497p before paring back the gains to close at 1,450p. SMT stock now faces a major headwind, but the upcoming Anthropic IPO may offer a reprief.The SMT stock has embarked on a strong rally earlier this year as investors cheered the growing valuation of SpaceX, its biggest investment. SpaceX launched its IPO on Friday, raising $75 billion and attaining a $2.1 trillion valuation. This means that Scottish Mortgage has a substantial return as it invested in the company when it was valued at less than $100 billion. It invested 315 million pounds in the company in 2018, a figure that has now surged. Still, the trust faces a major risk based on how companies behave when they go public. Data shows that over 90% of all companies that went public since January 2025 made a similar pattern. They surged initially amid the IPO hype and then retreated sharply after that. There are several good examples of this, including Figma, Circle, and Medline. Figma stock price jumped from $33 to $142, before crashing to below $20 today. Circle jumped to $300 and then crashed to $49 a few months later. Medline rose to $50 and then tumbled to $36 today. Therefore, there is a likelihood that the SPCX stock will retreat in the coming days as investors book profits and valuation concerns remain. If this happens, the value of Scottish Mortgage’s investment will drop substantially. Some key companies in Scottish Mortgage’s portfolio have lost momentum this year. Meta Platforms has sunk by 30% from its highest point last year, while Amazon has dropped by 14% from the YTD high. Still, on the positive side, the SMT share price will receive a reprieve because of its stake in Anthropic, the creator of Claude. Bailie Gifford, which runs SMT, made its first investment in Anthropic in 2021 and has steadily grown its position. Anthropic now accounts for about 2.7% of its holdings. The fund’s return has been strong as Anthropic recently raised capital at a $900 billion valuation. This fundraising makes it the fastest-growing company to cross that valuation. Anthropic recently filed its IPO papers, with traders anticipating that it will receive a $1.5 trillion valuation after going public later this year. The company’s other potential catalysts are its investments in Stripe and Bytedance, the parent company of TikTok. Stripe has become a major player in the finance industry, where it is used by some of the biggest companies in the world like OpenAI, Amazon, Nvidia, Ford, Coinbase, and Google. It processes transactions worth trillions of dollars a year, with its valuation soaring to over $150 billion. After remaining private for years, Stripe will likely go public in the near future. ByteDance will also likely go public, a move that will see it attract hundreds of billions of dollars in value. Scottish Mortgage share price chart | Source: TradingView The daily chart shows that the Scottish Mortgage share price has slipped in the past few days. It retreated from a high of 1,565p earlier this month to a low of 1,395p. It then rebounded to the current 1,450p. The stock has formed a doji candlestick pattern, pointing to a reversal as the SpaceX IPO hype starts to fade. If this happens, the stock will drop to about 1,300p before resuming the uptrend. |
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2026-06-15 08:47
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SpaceX gains 6% in premarket after record debut | FMP Stock News | |
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SpaceX shares jumped in premarket trading on Monday following its record-breaking debut last week on the Nasdaq, which marked the biggest initial public offering in history.Shares of SpaceX were around 6% higher at the start of premarket trading, hovering around the $170 mark. SpaceX jumped 19% on Friday with the stock closing at $161 after being priced at $135 per share. That put the company's market capitalization above $2 trillion. Elon Musk's space company operates the Starlink satellite internet service and a fleet of reusable rockets. In February, Musk merged the company with his artificial intelligence startup xAI. SpaceX lost nearly $5 billion in 2025 and the blockbuster IPO has sparked debate over whether the company's huge valuation is justified. Valuation a key concernCFRA on Friday initiated coverage of the stock with a "sell" rating and a 12-month price target of $115, which is a nearly 29% drop from Friday's closing price. CFRA said its view was "due to the company's extremely ambitious growth strategy, elevated valuation expectations, and significant capital intensity." SpaceX's capital expenditures in the three months ended March totaled $10.1 billion versus $4.1 billion in the same period last year. The majority of that went toward artificial intelligence. Morningstar analyst Nicolas Owens released a note on June 8, in which he said the firm values SpaceX at $63 per share, and described the stock as "overvalued." However, other analysts are more bullish. New Street Research initiated coverage of SpaceX with a $165 price target. |
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2026-06-15 04:04
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Exclusive: Tesla presented misleading ‘Full Self-Driving' safety data to European regulators | FMP Stock News | |
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Item 1 of 2 A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, U.S., June 22, 2025. REUTERS/Joel Angel Juarez/File Photo To Match Special Report TESLA-FSD/SAFETY[1/2]A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, U.S., June 22, 2025. REUTERS/Joel Angel Juarez/File Photo To Match Special Report TESLA-FSD/SAFETY Purchase Licensing Rights, opens new tab SummaryCompaniesTesla used dubious safety stats to make case for FSD approval in EuropeAutomaker's crash data has been called into question by researchersSweden says regulators 'look beyond headline figures' to assess safetyJune 15 (Reuters) - In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla (TSLA.O), opens new tab has presented self-published safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers have said amount to misleading marketing. A Reuters examinationpublished last month found that Tesla CEO Elon Musk and other leaders over the past year have increasingly cited statistics they say prove its FSD driver-assistance feature is up to 10 times safer than human drivers. But the news agency’s review found several invalid data comparisons underlying Tesla’s statistics, opens new tab that exaggerated its safety claims. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. Tesla has presented the inflated safety data to some European regulators, according to correspondence obtained by Reuters through public records requests, as the EV maker seeks wider approval of FSD in a region where it is trying to regain market share. Tesla approached RDW, the Dutch road regulator, in late 2024 to begin the FSD approval process. In a November 2024 letter to RDW, Tesla provided a link to its safety report and claimed “increased usage” of FSD “leads to safer roads.” Tesla charges a monthly subscription for FSD, which can drive itself under certain circumstances but requires the human driver to pay attention. After more than a year of testing and discussions with Tesla, RDW in April approved FSD for use in the Netherlands. The Dutch regulator is now seeking EU-wide approval on behalf of Tesla. RDW declined to comment on the issues Reuters identified with Tesla's safety statistics, but the agency said in a statement that it "does not rely on marketing claims or external statistics" to make decisions and performs its own "tests, analyses and verifications" of the system on public roads and test tracks. The agency did not say whether it assessed Tesla's U.S. safety statistics. RDW said Tesla “collected a lot of data” during testing and the agency “validated, tested and audited all of this data.” RDW did not say what kind of data Tesla collected or what it measured. Tesla did not respond to requests for comment. SAVING 32,000 LIVES?Soon after the Dutch announced the decision on April 10, a Tesla policy manager, Ivan Komusanac, wrote an email to Swedish regulators asking for similar FSD approval. He attached a slide presentation displaying the exaggerated claim that Teslas using FSD can travel more than seven times farther between crashes than the average U.S. human driver. The presentation also claimed FSD could have potentially saved 32,000 lives and prevented 1.9 million injuries. Researchers interviewed by Reuters said those figures are highly misleading because they are based on the unrealistic assumption that every U.S. vehicle, including freight trucks and crash-prone motorcycles, would be replaced by an FSD-enabled Tesla car – and that every Tesla car is, in fact, at least seven times safer than the one it replaces. The Reuters examination also found Tesla exaggerates the technology’s safety by comparing a rate of crashes in FSD-piloted Teslas that triggered airbag deployments to a U.S. crash rate for all vehicles that includes far less-severe accidents. The company also compares its cars to the average U.S. vehicle – which is much older than the average Tesla. That distorts the results because automakers have gradually introduced new safety features that reduce crashes. Anders Eriksson, an investigator at the Swedish Transport Agency, declined to comment on the data Tesla provided, but added that Swedish regulators “look beyond headline figures” and that any assessment of such a system would not be based “solely on aggregated safety claims, but on the overall evidence presented.” The regulator did not answer Reuters’ questions about what other evidence Tesla provided. Dudley Curtis, a spokesperson for the watchdog group European Transport Safety Council, said his organization is “certainly concerned” that Tesla presented “unreliable safety data” from the United States to regulators in Sweden, after Reuters told the group about the correspondence. He added that if Tesla wants to make safety claims, they should “give the data to a university, have it independently verified by a qualified researcher, and then let’s talk.” TESLA LOOKS TO FSD FOR EUROPEAN REBOUNDTesla has said FSD approval in Europe is key to vehicle sales growth in the region. The EV maker is still trying to regain market share after sales plummeted last year amid protests over Musk’s political activities, including his embrace of far-right European political parties. Failing to secure approval could make it harder for Tesla to compete in a region where Chinese EV makers are steadily making inroads. In the coming months, representatives of 55% of member states that make up 65% of the bloc's population must vote “yes” for FSD to become legal throughout the EU. In the meantime, individual member states can approve the technology on their own. A regulator in Greece, which said last month the country aims to approve FSD, cited data “from the other side of the Atlantic” that showed “this system ultimately leads to a very significant drop in accidents.” The Greek transport ministry declined to answer questions about whether the data it cited was from Tesla’s safety report. Regulators in other European countries have been inundated by drivers citing Tesla’s safety statistics and urging swift approval of FSD, emails showed. Several Tesla drivers wrote to Norwegian road regulators citing Tesla’s vehicle safety report last autumn. One argued the technology is “significantly safer than average manual driving,” with the potential to “reduce traffic accidents by up to 90% and thus save lives on Norwegian roads.” Stein-Helge Mundal of the Norwegian Public Roads Administration responded to several Tesla enthusiasts, saying Tesla’s figures “are self-produced,” which makes it “difficult to find correlation with the authorities’ accident statistics.” Reporting by Chris Kirkham in Los Angeles and Marie Mannes in Stockholm; Additional reporting by Toby Sterling in Amsterdam; Editing by Mike Colias and Anna Driver Our Standards: The Thomson Reuters Trust Principles., opens new tab Chris Kirkham is a business reporter in Los Angeles who writes about Tesla, electric vehicles and the wider automotive industry. He previously worked at The Wall Street Journal and the Los Angeles Times, and has covered topics including tobacco, worker safety, gambling, and the economy over a two-decade career. Contact him at [email protected] or on Signal at chris_kirkham.51 Stockholm-based company news correspondent who mainly covers anything to do with retail and industrial companies in Sweden as well as other sectors with Swedish companies. She previously covered the general Nordic stock market from Gdansk, reporting on a range of subjects, from companies exiting Russia to M&As and supply chain concerns. Marie has degrees in journalism and international relations and is keen on finding stories that drive the market and that have unreported elements to it. |
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2026-06-15 08:44
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$252 Billion in Healthcare Payouts Are Waiting for Faster Rails | FMP Stock News | |
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By PYMNTS | June 15, 2026| A collaboration between PYMNTS Intelligence and Visa Direct, “The Power of Now: Moving At The Speed Of Life: Why Real-Time Payments Matter For Healthcare Insurance Payouts,” examines why healthcare insurance payouts remain slower than many consumers expect, even after insurance has approved a claim. The report shows that the last step in the claims process, getting money to the member, is often still tied to legacy payout methods such as paper checks and ACH transfers. That creates delays, complaints, errors and compliance concerns for insurers. The report finds that healthcare insurance has a two-speed payout system. Core claims, such as reimbursements and coordination-of-benefits refunds, remain heavily dependent on traditional rails. More than nine in 10 insurers use ACH for core claims, and nearly as many still use paper checks. By contrast, non-claims payouts, such as wellness incentives, settlements and medical loss ratio rebates, are more likely to use faster options. That gap shows that many insurers already have access to real-time payment capabilities, but those capabilities have not yet reached the claims workflows members may care about most. Payment processors play a major role in determining payout speed. Most insurers rely partly on outside processors for member payouts, and only about one-quarter of those insurers fully control which payment methods those processors use. That means the path to faster healthcare payouts depends not only on insurer investment, but also on whether processors can support easy-to-integrate real-time options. The stakes are operational, financial and regulatory. Healthcare insurers report frequent friction, including consumer complaints about payment status, rejected payments, incorrect bank details and late-arriving funds. Larger insurers face especially high compliance exposure when payouts are delayed. Still, the industry is moving. Many insurers are investing in system integration, fraud prevention, verification and automation to support faster member payouts. Download the Playbook Moving At The Speed Of Life: Why Real-Time Payments Matter For Healthcare Insurance Payouts In “Moving At The Speed Of Life: Why Real-Time Payments Matter For Healthcare Insurance Payouts,” learn how: Healthcare insurers are using real-time payments more often for non-claims payouts than for core claims. This creates a gap between what healthcare insurers can do and how members often receive claims money. Payment processors shape the speed and choice of healthcare insurance payouts. Their capabilities can determine whether faster payment options reach members. Delayed payouts create more than a customer service problem. They can raise compliance risk, increase rework and make payment operations harder to manage. About the Report PYMNTS Intelligence surveyed 120 U.S. healthcare insurance executives between December 2025 and January 2026 for this study. All respondents hold in-depth knowledge of and decision-making responsibility for the ways their organizations issue payouts to individual members. Respondents represent healthcare insurance carriers and providers across three annual-revenue tiers: under $100 million, $100 million to under $1 billion and $1 billion or more. The survey measured payout methods, speed of delivery, operational friction, consequences of delayed payments, barriers to real-time payout adoption, forward-looking investment plans and anticipated impacts of real-time capabilities. See More In: featured insights, Healthcare, instant payments, Main Feature, News, Payments Intelligence, PYMNTS Intelligence, PYMNTS News, PYMNTS Study, real time payments, Visa |
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2026-06-15 03:20
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Best Income Stocks to Buy for June 15th | FMP Stock News | |
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Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 15:Douglas Dynamics, Inc. (PLOW - Free Report) : This commercial vehicle equipment company witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.4% the last 60 days. This Zacks Rank #1 company has a dividend yield of 2.5%, compared with the industry average of 0.0%. Luxfer Holdings PLC (LXFR - Free Report) : This materials and industrial component company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% the last 60 days. This Zacks Rank #1 company has a dividend yield of 2.9%, compared with the industry average of 0.0%. Starbucks Corporation (SBUX - Free Report) : This coffee company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% in the last 60 days. This Zacks Rank #1 company has a dividend yield of 2.4%, compared with the industry average of 0.0%. See the full list of top ranked stocks here. Find more top income stocks with some of our great premium screens. |
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2026-06-15 08:42
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2026-06-15 03:30
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The Knot Worldwide Announces Integration with Venmo to Deliver Seamless Gifting Experiences for Couples and Guests | FMP Stock News | |
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-Integration with Venmo on The Knot’s Wedding Registry gives guests a familiar and trusted way to contribute to registry cash funds, while keeping registry tracking all in one place NEW YORK--(BUSINESS WIRE)--Today, The Knot Worldwide (TKWW), a leading global wedding technology platform and marketplace, announced Venmo, a money movement app for the next generation, is now a payment option within The Knot’s Wedding Registry. This provides a free and trusted way for users to send money from their bank, debit card, or Venmo balance for registry cash fund gifting. The new offering gives wedding guests a familiar and trusted way to contribute to couples' cash funds, while also giving couples more flexibility and control over how they receive gifts. About 89% of couples surveyed by The Knot this year say that when it comes to cash funds, couples care the most about the ease of use for their guests. In addition, 68% of couples want to be able to track all of their gifts in one place. With Venmo now available on The Knot’s Wedding Registry, both are easy to achieve as couples can receive funds directly with Venmo. "Venmo is widely used and trusted by more than 100 million customers worldwide, making it easy for guests to contribute in a way that feels familiar and seamless," says Anu Penmetcha, Chief Product and Experience Officer, The Knot Worldwide. "By integrating Venmo into The Knot Wedding Registry, we're removing friction from the gifting experience and helping couples maximize their funds. The Knot Wedding Registry is bringing together trusted payment options and intuitive tracking in one place, empowering couples to get the most out of every gift, from the people who matter most." “Venmo has always been part of how people share and celebrate together, and The Knot Worldwide has long set the standard for the wedding industry,” said Alexis Sowa, General Manager, Venmo. “Together we’re enhancing the gifting experience by delivering a secure, intuitive solution that meets couples and guests where they already are.” When guests receive cash funds in their Venmo, they now have easy access to online, in-store, and in-app merchants to easily pay with Venmo. The new feature is launching today and is available exclusively in The Knot’s app, available on the App Store for iOS or on Google Play for Android devices. About The Knot Worldwide Across North America, Europe, Latin America, and Asia, The Knot Worldwide champions the power of celebration. The company’s global family of brands provides best-in-class products, services, and content to take celebration planning from inspiration to action. Through its wedding brands, including The Knot, WeddingWire, Bodas.net, Hitched.co.uk, Mariages.net, Matrimonio.com, and others, the company offers an extensive database of hundreds of thousands of wedding professionals to assist couples in organizing the happiest day of their lives. We have a brand for every kind of celebration—from booking a birthday party, to planning a wedding, to preparing to become a parent, and every moment in between. About Venmo Venmo is the go-to money movement app of the next generation, offering fast, safe, and social payments. With best-in-class experiences for users to send, split, shop, and sell, Venmo enables a seamless flow of money between the people and places that matter most to millions of users across the United States. For more information, go to: Venmo.com. More News From The Knot Worldwide Back to Newsroom |
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2026-06-15 08:42
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2026-06-15 04:07
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I Loved Adobe At $300, I Love It Even More At $200 - Three Reasons To Buy The Stock Now | FMP Stock News | |
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1.58K FollowersAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Past performance is not an indicator of future performance. This post is illustrative and educational and is not a specific offer of products or services or financial advice. Information in this article is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed. Expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2026-06-15 08:38
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2026-06-15 02:22
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Oracle: Time To Look Past The Noise | FMP Stock News | |
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HomeStock IdeasLong IdeasTech SummaryOracle is upgraded to Strong Buy, as I believe the market underestimates its AI-driven growth and cloud momentum.ORCL posted stellar earnings, with 47% cloud revenue growth and a 93% surge in cloud infrastructure, despite a post-earnings sell-off.Oracle's $638B RPO, disciplined cost structure, and premium margins support a rerating case, even as execution risks and leverage warrant monitoring.At 23x forward P/E and a 0.80 PEG, ORCL trades at a discount to peers despite superior top and bottom line growth. J Studios/DigitalVision via Getty Images Well, my bull case for Oracle (ORCL) isn't playing out the way I thought it would. But I have already pointed out in my previous coverage that it may take some time 1.87K Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ORCL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2026-06-15 08:35
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2026-06-15 04:26
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Best Growth Stocks to Buy for June 15th | FMP Stock News | |
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DaVita Inc. (DVA - Free Report) : This kidney dialysis company has a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.DaVita Inc. has a PEG ratio of 0.65 compared with 2.13 for the industry. The company possesses a Growth Score of B. Five Below, Inc. (FIVE - Free Report) : This specialty retail company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days. Five Below has a PEG ratio of 1.09 compared with 2.01 for the industry. The company possesses a Growth Score of A. Pitney Bowes Inc. (PBI - Free Report) : This shipping and mailing services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11% over the last 60 days. Pitney Bowes has a PEG ratio of 0.75 compared with 0.86 for the industry. The company possesses a Growth Score of A. See the full list of top ranked stocks here. Learn more about the Growth score and how it is calculated here. |
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2026-06-15 08:33
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2026-06-15 03:36
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Roku (ROKU) Soars 20.1%: Is Further Upside Left in the Stock? | FMP Stock News | |
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Roku (ROKU) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term. |
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2026-06-15 04:02
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RBLX Investors Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit with the Schall Law Firm | FMP Stock News | |
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, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Roblox Corporation ("Roblox" or "the Company") (NYSE: RBLX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between October 30, 2025 and April 30, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before August 7, 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. Roblox assured investors that it could minimize risks associated with age verification and accurately forecast its business performance. The Company claimed to be "enormously bullish" and able to rely on "tremendous organic growth." The Company relied on viral events to supply growth while misleading shareholders about how age verification would impact platform engagement and the public's view of its products. 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 Roblox, 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 |
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2026-06-15 08:27
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2026-06-14 21:43
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Oil’s 5.7% Weekly Drop Opens the Door for Jets, Materials, and Infrastructure ETFs | FMP Stock News | |
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Crude oil settling near $95 a barrel after touching almost $115 in early April has handed the market a cleaner rotation setup than anything tech has offered in months. The IBD Stock Market Today host made the call directly: with USO breaking its 10-week moving average and the 10-year Treasury yield retreating from mid-May highs, conditions favor travel, materials, and infrastructure plays that have lagged the AI trade.I have followed enough rotation calls to know most fade inside a week. This one has the weight behind it. Jets Catch a Bid as Fuel Costs Cool The U.S. Global Jets ETF (NYSEARCA:JETS) closed Friday near $30, up almost 6% for the week and 13% over the past month. The host said: “A lot of times these travel stocks do much better when oil starts coming in. And this is not a bad setup. It had a good week, up over 5% for this week.” JETS also found support at its 40-week moving average, which technicians read as a credible base. Jet fuel is the second-largest cost item for airlines after labor. Every $10 drop in crude flows directly into operating margin. With WTI down 4% for the month and the 12-month average sitting near $73, carriers have room either to expand earnings or to hold fares and grab share. Materials Break the Downtrend The Materials Select Sector SPDR (NYSEARCA:XLB) rose 2% Friday and 3% for the week to near $52. The host flagged the chart: “Are we crossing that downtrend? And it certainly looks the case in XLB.” Three names inside XLB matter most to this story. Linde (NASDAQ:LIN | LIN Price Prediction), the industrial gases giant, trades near $523 with Q1 2026 EPS of $4.33 and a fresh dividend bump to $1.60 quarterly from $1.50 last year. Linde returned $1.545 billion to shareholders in Q1 alone and guided FY 2026 EPS to $17.60 to $17.90. Nucor (NYSE:NUE) is the steel story. Shares trade at $266, up 64% year-to-date and 128% over twelve months. Q1 2026 revenue rose 21% to $9.50 billion, EPS came in at 3.23, beating the 2.82 estimate, and the company authorized a $4.0 billion buyback in February. Nucor just paid its 212th consecutive quarterly dividend and notched its 53rd straight year of increases. Freeport-McMoRan (NYSE:FCX) hands investors copper and gold exposure into the electrification buildout. The stock rallied 8% on the week to almost $68, with Q1 2026 revenue up 12% to $6.23 billion. The dividend stays at $0.15 quarterly (half base, half variable), and $2.9 billion remains on the $5.0 billion buyback authorization. Infrastructure Where the Backlog Tells the Story The Global X U.S. Infrastructure Development ETF (NYSEARCA:PAVE) closed near $58, up 21% year-to-date. PAVE’s deliberate diversification keeps any single holding under 4% of net assets, so the story is the basket. The flagship name is Quanta Services (NYSE:PWR). The electric grid services contractor printed Q1 2026 EPS of 2.68, beating the 2.03 estimate, revenue jumped 26% to $7.87 billion, and the backlog hit a record $48.5 billion. Management guided FY 2026 adjusted EPS to $13.55 to $14.25. Shares trade at $707, up 68% YTD, though the stock is down 9% over the past month, the only soft spot in this group. Rates Cooperate, Too The 10-year Treasury yield sits at 4.45%, down from a mid-May high of 4.67%. That move matters more than the oil drop for capital-intensive names. Quanta, Nucor, and Freeport all carry leverage to project economics that improve when long rates ease. What I Am Watching Three things keep this rotation alive or kill it. WTI under $100. Anything north of $100 flips airlines back to defense and erases the JETS thesis. The 10-year staying below the May peak. A retest of 4.67% pressures every name in PAVE and XLB through discount-rate math. Spot prices in copper and steel. FCX and NUE need commodity pricing to validate the equity move, otherwise the rally is rotation in search of fundamentals. The cleanest expression here is the ETF route: JETS for the fuel-cost reversal, XLB for the materials trend break, PAVE for the multi-year grid buildout. The names inside are the ones doing the heavy lifting, and they are where the next leg of this trade will be won or lost. |
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2026-06-15 08:27
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2026-06-15 02:48
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Kroger Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | FMP Stock News | |
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The Kroger Co. (NYSE:KR) will release its first quarter earnings report before the opening bell on Thursday, June 18.Analysts expect the Cincinnati, Ohio-based grocer to report quarterly earnings of $1.59 per share, up from $1.49 per share in the year-ago period. The consensus estimate for Kroger’s quarterly revenue is $45.49 billion. It reported $45.12 billion last year, according to Benzinga Pro. On May 26, Kroger announced the retirement of Tim Massa, executive vice president and chief associate experience officer. Kroger shares fell 0.6% to close at $51.26 on Friday. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period. Considering buying KR stock? Here’s what analysts think: Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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2026-06-15 08:25
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2026-06-15 02:31
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Designer Brands Inc. (DBI) Q4 2025 Earnings Call Transcript | FMP Stock News | |
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Q1: 2026-06-09 Earnings SummaryEPS of $0.07 beats by $0.04| Revenue of $696.35M (1.37% Y/Y) misses by $467.04K Designer Brands Inc. (DBI) Q4 2025 Earnings Call March 26, 2026 8:30 AM EDT Company Participants Matthew Crummy - Senior Vice President of Strategy and FP&A Douglas Howe - CEO & Director Sheamus Toal - CFO, Executive VP & Principal Financial Officer Conference Call Participants Mauricio Serna Vega - UBS Investment Bank, Research Division Dana Telsey - Telsey Advisory Group LLC Presentation Operator Good day, and welcome to the Designer Brands Inc., 4Q '25 Earnings Conference Call. [Operator Instructions] Please note today's event is being recorded. I would now like to turn the conference over to Matthew Crummy, SVP of Strategy and FP&A. Please go ahead. Matthew Crummy Senior Vice President of Strategy and FP&A Good morning. Earlier today, the company issued a press release comparing results of operations for the 13-week and 52-week periods ended January 31, 2026, to the 13-week and 52-week periods ended February 1, 2025. Please note that the financial results that we will be referencing during the remainder of today's call excludes certain adjustments recorded under GAAP unless specified otherwise. For a complete reconciliation of GAAP to adjusted earnings, please reference our press release. Additionally, please note that remarks made about the future expectations, plans and prospects of the company constitute forward-looking statements. Results may differ materially due to the factors listed in today's press release and the company's public filings with the SEC. Except as may be required by applicable law, the company assumes no obligation to update any forward-looking statements. Joining us today are Doug Howe, Chief Executive Officer; and Sheamus Toal, Chief Financial Officer. I'll now turn the call over to Doug. Douglas Howe CEO & Director Good morning, and thank you, everyone, for joining us today. I'm very proud that our fourth quarter and full fiscal 2025 results reflect disciplined execution and the meaningful progress we've |
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2026-06-15 08:21
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2026-06-15 03:54
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LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm | FMP Stock News | |
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, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lucid Group, Inc. ("Lucid" or "the Company") (NASDAQ: LCID) 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 February 25, 2026 and April 13, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before July 28, 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. Lucid's deliveries were disrupted by a supplier quality issue. The Company suffered a material impact on its business results due to this quality issue. The Company overstated the strength of manufacturing capabilities. 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 Lucid, 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 |
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2026-06-15 08:21
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2026-06-15 02:59
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Dave and Buster's, SpaceX And 3 Stocks To Watch Heading Into Monday | FMP Stock News | |
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BenzingaEspañaItalia 대한민국 日本 Français Benzinga Edge Benzinga Research Benzinga Pro Get Benzinga Pro Data & APIs Events Premarket Advertise Contribute España Italia 대한민국 日本 Français BenzingaPremium Services Financial News Financial News Large Cap Stocks Small-Cap Stocks Insider Trades Earnings Technology AI News Personal Finance ETF News Crypto News Dividend News Latest Rumors Latest Offerings News Investment Ideas Investment Ideas Stock of the Day Stock Whisper Index Analyst Ratings Analyst Color Financial Advisors Government Trades Trading Ideas Stock Screener Markets Markets Premarket Movers After Hours Options ETFs Commodities Prediction Markets Private Markets Bonds Futures Forex Top Stocks Top Stocks Apple (AAPL) Tesla (TSLA) Amazon (AMZN) Nvidia (NVDA) Alphabet (GOOGL) Meta Platforms (META) Microsoft (MSFT) StreetTracks Gold Shares (GLD) IBIT Bitcoin Trust (IBIT) Top Value Stocks Top Momentum Stocks Top Growth Stocks Top Quality Stocks Learn Learn Investing Guides Personal Finance Mortgages Best Credit Cards Best Dividend Stocks Best Swing Trade Stocks ResearchMy StocksToolsFree Benzinga Pro Trial Calendars Analyst Ratings Calendar Conference Call Calendar Dividend Calendar Earnings Calendar Economic Calendar Events Calendar FDA Calendar Guidance Calendar IPO Calendar M&A Calendar Unusual Options Activity Calendar SPAC Calendar Stock Split Calendar Trade Ideas Stock Reports Insider Trades Trade Idea Feed Analyst Ratings Unusual Options Activity Heatmaps Free Newsletter Government Trades Perfect Stock Portfolio Easy Income Portfolio Short Interest Most Shorted Largest Increase Largest Decrease Calculators Options Profit Calculator Margin Calculator Forex Profit Calculator 100x Options Profit Calculator Covered Call Calculator Cash-Secured Put Calculator Long Call Calculator Long Put Calculator Screeners Stock Screener Top Momentum Stocks Top Quality Stocks Top Value Stocks Top Growth Stocks Compare Best Stocks Best Momentum Stocks Best Quality Stocks Best Value Stocks Best Growth Stocks June 15, 2026 2:59 AM 2 min read With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Check out our premarket coverage here Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. Posted In: EarningsEquitiesMarket SummaryNewsPre-Market OutlookTrading IdeasStocks To Watch Connect With Us About Benzinga About UsCareersAdvertiseContact UsMarket Resources Advanced Stock Screener ToolsOptions Trading Chain AnalysisComprehensive Earnings CalendarDividend Investor Calendar and AlertsEconomic Calendar and Market EventsIPO Calendar and New ListingsMarket Outlook and AnalysisWall Street Analyst Ratings and TargetsTrading Tools & Education Benzinga Pro Trading PlatformOptions Trading Strategies and NewsStock Market Trading Ideas and AnalysisTechnical Analysis Charts and IndicatorsFundamental Analysis and ValuationDay Trading Guides and StrategiesLive Investor EventsPre-market Stock Analysis and NewsCryptocurrency Market Analysis and NewsRing the Bell A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes. Terms & Conditions Do Not Sell My Personal Data/Privacy PolicyDisclaimer Service StatusSitemap© 2026 Benzinga | All Rights Reserved |
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2026-06-15 08:20
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2026-06-15 02:36
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Zoetis Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - ZTS | FMP Stock News | |
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, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Zoetis Inc. ("Zoetis" or "the Company") (NYSE: ZTS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of ZTS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: January 14, 2025 to May 6, 2026 DEADLINE: July 27, 2026 CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Zoetis faced challenges in multiple product lines including Librela, Apoquel, and Cytopoint. Based on these facts, Zoetis' public statements were false and materially misleading throughout the class period. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. Join the case to recover your losses. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1 Eastchester, NY 10709 Phone: 914-206-9742 Email: [email protected] SOURCE DJS Law Group LLP |
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2026-06-15 08:20
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2026-06-15 03:42
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ZTS Investors Have Opportunity to Lead Zoetis Inc. Securities Fraud Lawsuit with the Schall Law Firm | FMP Stock News | |
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, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Zoetis Inc. ("Zoetis" or "the Company") (NYSE: ZTS) 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 January 14, 2025 and May 6, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before July 27, 2026. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected]. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. Zoetis suffered from weakening veterinarian prescription growth for its Librela medication after the FDA issued safety warnings about neurological complications in dogs. The Company's Trio product lost market share to competitors. The Company's Apoquel and Cytopoint dermatology products lost market share to newly launched competing treatments for dogs. 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 Zoetis, 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 |
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2026-06-15 08:13
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2026-06-12 00:00
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Three Reasons Why I’m Not Chasing SpaceX… and What to Do Instead | FMP Stock News | |
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Listen to the audio version of this article (generated by AI).Editor’s Note: SpaceX is finally public. And the FOMO is already building. But before you buy, Louis Navellier — who has been investing through major technology cycles for nearly five decades — wants you to ask one question: can you afford the volatility? In today’s piece, Louis walks through three reasons he’s not buying SpaceX right now, despite believing it’s a wonderful company. It’s a masterclass in the difference between a great business and a great entry point — and a timely reminder that the best investors don’t just know what to buy. They know when. He and TradeSmith CEO Keith Kaplan recently sat down to talk through all of it — including two free stock picks for the summer ahead. Watch the replay here. Now here’s Louis. In 2017, legendary billionaire investor Ron Baron made a big bet. His firm invested in SpaceX (SPCX) when the company was valued at less than $22 billion. Now, with SpaceX public, that bet could go down as one of the great investments in history. So, let’s give credit where credit is due. But folks, before you think about buying SpaceX stock, you need to think about your risk tolerance and ask yourself: How much risk can you stomach? A billionaire like Baron can make a huge, concentrated bet on Elon Musk. He can wait years for it to pay off. He can ride the ups and downs. He can afford to be early and patient. Most investors cannot afford to do any of those things. And that is the real lesson I want you to think about as SpaceX begins trading. So, let’s talk about how investors should handle SpaceX now that it is public and the three reasons why I do not recommend buying SpaceX stock right now… and a new tool that can help you time the market better and make bigger gains – so you don’t have to ride the emotional roller coaster on the way to profits. Reason No. 1: Great Companies Make Terrible IPO Buys — Just Ask Facebook Now, let me first say that I think SpaceX is a wonderful company. Starlink makes money. SpaceX makes money. But a great company can still be a risky stock if you buy it at the wrong price, at the wrong time. Case in point: Facebook, now known as Meta Platforms, Inc. (META). Facebook went public on May 18, 2012. At the time, it was one of the most anticipated IPOs Wall Street had seen in years. Investors were clamoring to get in. The stock was priced at $38. The FOMO was real. Then reality set in. By August 2012, Facebook had fallen to about $17.50. That was a loss of more than 50% from the IPO price. Now, Facebook eventually became a tremendous long-term winner, up more than 1,300% since it first went public. But investors who chased the IPO still got taken to the woodshed. That wasn’t some one-off case, either. Amazon.com, Inc. (AMZN) became one of the greatest stocks of all time – but it first fell more than 90% from its dot-com peak. Alphabet Inc. (GOOGL), then Google, became a monster winner – but only after testing investors’ patience with steep pullbacks. Bottom line: Great stocks do not move in a straight line. That is why I have a simple rule when it comes to IPOs. I usually wait at least a year before I buy. That may sound boring when everyone is talking about a stock that could soar on its first day of trading. But I have been doing this for nearly five decades, and I have learned that the best time to buy a great company is not always the first time Wall Street lets you buy it. When a company goes public, there is usually a lockup period for insiders. They cannot immediately sell their shares. But once that lockup expires, a lot of stock can come onto the market, creating selling pressure. We saw something similar recently with another space-related stock, Rocket Lab Corporation (RKLB). As excitement around SpaceX picked up, a lot of Rocket Lab insiders were cashing out. So do not be surprised if some SpaceX insiders eventually sell after their lockup period expires. Reason No. 2: You Can’t Grade What You Can’t See Yet The second reason I wait is to see the data. After a company has been public for a year, I can calculate reward-to-risk. I can look at alpha. I can study standard deviation. And I can get four quarters of fundamentals to see whether the stock fits my eight-factor fundamental model. In other words, I can stop guessing. My Stock Grader tool can give it a simple ranking of A to F, giving my followers and me a clear understanding of whether to buy it. That matters with SpaceX because it’s a complex business. You have the launch business. You have Starlink. And you have other long-term projects that could eventually become very valuable – or not. But as an investor, I want to know which part of the business is driving the growth. That is one of the main reasons I am willing to wait. Right now, SpaceX’s future as a public company is still speculative. A year from now, we should have a much clearer picture. Reason No. 3: When You Buy SpaceX Stock, You’re Also Buying Elon Musk’s Headlines I should also add the Elon Musk factor. I am not here to dispute the man’s genius. Elon Musk helped reinvent the auto industry. He helped restart America’s space ambitions. He built the world’s largest satellite internet network. He turned Tesla, Inc. (TSLA) into one of the most valuable companies on the planet. That is an extraordinary record. But investors need to ask a very practical question: Can you afford the volatility that comes with Elon Musk? When you invest in a Musk-led company, you are not just investing in the business. You are also accepting the market’s reaction to Elon Musk himself. We have seen that with Tesla. A single Musk headline can move billions of dollars in market value. His political comments, public battles and unpredictable behavior have all created added volatility around the stock at different times. That does not erase what Musk has accomplished. But it does add another layer of risk. The Smarter Trade This Summer: Here’s What to Do Instead The reality is there is still a tremendous amount of money sloshing around. When I was on Maria Bartiromo’s Fox Business show recently, she pointed out that there is about $7 trillion in cash on the sidelines. Some of that money will naturally gravitate toward the market. High-profile IPOs like SpaceX, Anthropic and eventually OpenAI could help pull more of that money into stocks. That is bullish for growth stocks and suggests investors still have a strong appetite for innovation. But bullish does not mean blind, folks. June is a seasonally strong month, helped by the annual Russell realignment. We should also have another great earnings announcement season kick off in July. But as we get into August and the first half of September, we’ve entered the seasonally weakest period for the market. So, if we see drawdowns or stair-steps lower this summer, I will not be surprised. Bottom line: This is still not a market where you can afford to guess or ignore your risk tolerance. You need to know what you own. You need to know what you are missing. And you need to know when to be aggressive – and when to be cautious. That is exactly why I sat down with TradeSmith CEO Keith Kaplan earlier this week. During our special event, we discussed why today’s market reminds me of the late 1990s, why I believe the AI boom still has much further to run and how a new AI-powered tool could help investors become more tactical as volatility picks up this summer. It works by taking my financial analysis, and combining it with a new system developed by my friends over at TradeSmith. And then it adds a revolutionary new form of AI to give investors the best possible shot at massive, rapid-fire gains. We also share two stock picks – absolutely free. If you missed it, you can watch the replay right here. I strongly encourage you to watch it as soon as you can. |
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2026-06-15 08:08
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2026-06-15 02:52
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Akeso's Next-Generation HER3 ADC AK138D1 Combined with Ivonescimab: First Patient Enrolled in Phase Ib/II Breast Cancer Study, Advancing the IO2.0 + ADC2.0 Strategy | FMP Stock News | |
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, /PRNewswire/ -- Akeso, Inc. (HKEX: 9926) today announced that the first patient has been enrolled in the Phase Ib/II clinical study (AK138D1-202) evaluating its internally developed next-generation HER3 antibody-drug conjugate (ADC), AK138D1, as either monotherapy or in combination with ivonescimab for the treatment of advanced breast cancer.HER3 is broadly expressed across various solid tumors, including breast, ovarian, colon, gastric, lung, skin, and pancreatic cancers, affecting millions of patients globally. While traditional HER3-targeted ADCs have demonstrated therapeutic potential in combination settings, their clinical utility has historically been constrained by dose-limiting toxicities. AK138D1 is a next-generation, differentiated HER3-targeting ADC developed in-house by Akeso. Leveraging a unique, innovative design, AK138D1 is engineered to reduce uptake in normal tissues, thereby minimizing off-target toxicities and widening the therapeutic window. Furthermore, its design prevents the clustering of ADC molecules on the tumor surface, enhancing deep tissue penetration and uniform distribution to overcome the "binding site barrier". Early-stage clinical studies conducted in China and Australia have demonstrated that AK138D1 exhibits robust anti-tumor activity in solid tumors and breast cancer, coupled with an excellent safety profile, notably characterized by low hematologic toxicity and the absence of interstitial lung disease (ILD). This compelling balance of efficacy and safety overcomes common limitations of conventional ADCs, establishing a foundation for AK138D1 to be explored in diverse combination therapeutic regimens. The AK138D1-202 study focuses on the two major breast cancer subtypes with the greatest unmet need: hormone receptor-positive, HER2-negative (HR+/HER2-) disease, which accounts for approximately 65% of all breast cancers, and triple-negative breast cancer (TNBC), which represents 10-20% of cases. The trial enrolls patients across multiple treatment lines from treatment-naïve to heavily pretreated, and includes diverse PD-L1 expression levels. Breast cancer remains the most common cancer among women worldwide, with an estimated 2.3 million new cases diagnosed annually. Substantial unmet needs persist in both first-line and later-line settings for HR+/HER2- breast cancer and TNBC. Early data from AK138D1 studies have already shown meaningful efficacy and a strong safety profile in breast cancer. Concurrently, a Phase III study of ivonescimab-based combination therapy in first-line TNBC is ongoing. The combination of AK138D1 and ivonescimab is poised to emerge as a highly differentiated "IO2.0 + ADC2.0" therapeutic strategy for advanced breast cancer. As IO+ADC combinations become a cornerstone of global oncology research, Akeso is strategically and efficiently building a comprehensive global portfolio of these next-generation therapies, leveraging its proprietary leadership in bispecific and multispecific antibody platforms. On the IO front, Akeso stands as the only company globally with two approved bispecific antibodies for oncology, spearheading the advancement of IO2.0 therapies. Regarding its ADC pipeline, Akeso's development of AK146D1 (a Trop2/Nectin4 bispecific ADC) and AK138D1, among other innovations, aims to resolve the toxicity-related limitations of current ADCs and propel the field into the "ADC2.0" era. About AK138D1 Injectable AK138D1 is a HER3-targeted antibody-drug conjugate (ADC), with a fully humanized anti-HER3 IgG1 antibody, patritumab. It is conjugated to the topoisomerase I inhibitor DXd through a cleavable linker, MC-AAA (maleimide-alanine-alanine-alanine). After binding to HER3 on tumor cells, the ADC is internalized into the tumor cells, where the linker is cleaved, releasing the membrane-permeable DXd. This leads to DNA damage and subsequent cell apoptosis. Early study results have shown that AK138D1 possesses potent biological activity and a favorable safety profile. A phase II clinical trial is currently ongoing to investigate AK138D1 combined with cadonilimab and ivonescimab in patients with solid tumors. This regimen is a critical part of Akeso's IO2.0 + ADC 2.0 combination approach. About Akeso Akeso (HKEX: 9926.HK) is a leading biopharmaceutical company committed to the research, development, manufacturing and commercialization of the world's first or best-in-class innovative biological medicines. Founded in 2012, Akeso has built a comprehensive R&D innovation ecosystem anchored by its proprietary Tetrabody antibody technology platform, AI-powered drug R&D platform, Dual-Shield ADC technology platform, Dual-Lock T-cell engager (TCE) technology platform, Tissue-Smart siRNA/mRNA technology platform, and cell therapy technology platforms. Backed by world-class GMP manufacturing facilities and a highly efficient, integrated commercialization system, Akeso has developed into a globally competitive biopharmaceutical enterprise. Leveraging its fully integrated, multi-functional platform, the company maintains a robust pipeline of more than 50 innovative assets targeting cancer, autoimmune diseases, inflammation, metabolic disorders, and other major therapeutic areas. Of these, 27 candidates have advanced into clinical trials—including 15 bispecific or multispecific antibodies and bispecific ADCs—and 8 innovative drugs have reached commercial stage. Through efficient and groundbreaking R&D, Akeso integrates premier global resources to develop transformative medicines, deliver high-quality, affordable therapeutic antibodies to patients worldwide, and generate sustained commercial and societal value as it strives to become a global leader in biopharmaceutical innovation. Forward-Looking Statements This announcement by Akeso, Inc. (9926.HK, "Akeso") contains "forward-looking statements". These statements reflect the current beliefs and expectations of Akeso's management and are subject to significant risks and uncertainties. These statements are not intended to form the basis of any investment decision or any decision to purchase securities of Akeso. There can be no assurance that the drug candidate(s) indicated in this announcement or Akeso's other pipeline candidates will obtain the required regulatory approvals or achieve commercial success. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements. Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of pharmaceutical industry regulation and health care legislation in P.R.China, the United States and internationally; global trends toward health care cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; Akeso's ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the Akeso's patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions. Akeso does not undertake any obligation to publicly revise these forward-looking statements to reflect events or circumstances after the date hereof, except as required by law. SOURCE Akeso, Inc. |
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2026-06-15 08:06
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2026-06-15 04:00
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Willis unveils new technology to counter existential risk to property insurance from climate change volatility | FMP Stock News | |
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LONDON, June 15, 2026 (GLOBE NEWSWIRE) -- Willis, a WTW business (NASDAQ: WTW), today unveiled a new version of its Climate Diagnostic model to help risk managers better understand and respond to climate-driven volatility affecting property insurance markets.Embedded within WTW’s Risk IQ platform, Climate Diagnostic is a climate risk technology capable of predicting the current and future impact of floods, windstorms and other material climate threats on an organisation’s assets, business activities and supply chain. As extreme weather events become more severe and frequent, insurers worldwide are responding either by increasing the cost of property insurance or withdrawing from vulnerable regions entirely. With the costs of protection predicted to keep rising with climate risks and in some regions become increasingly unsustainable, the implications for individuals, businesses and economies will be long-lasting. In order to help address this growing protection gap, Willis has embedded Climate Diagnostic into its broking workflows and risk engineering surveys. The enhanced analytics tool enables brokers and risk managers to identify and quantify the impact of acute climate hazards, such as extreme flooding or windstorm risk, on global assets and business interruption under the current and future climates. Peter Carter, Head of Climate Practice at Willis, said: “The volatility and frequency of climate hazards are increasing. Embedding Climate Diagnostic in broking workflows and engineering surveys sets a new industry standard, with clients benefiting from a built-in scan of the risk against ongoing climate change volatility.” Climate Diagnostic conducts scenario-based assessments across an organisation’s portfolio to identify current and future physical risk exposure to insurable climate-related perils, stress testing risk management and finance strategies in the short, medium and longer term. With this forward-looking approach, risk managers can incorporate safety measures into their risk transfer strategies that allow for rising climate volatility and explore alternative risk management methods, such as physical adaptation or alternative risk transfer solutions. Climate Diagnostic also estimates the value of a portfolio exposed to levels of extreme weather risk and longer-term shifts in climate patterns. This supports the stress testing of current risk financing and risk transfer strategies amidst increasing climate volatility. Peter Carter said: “Early sighting of assets exposed to climate-related perils gives risk managers the chance to build resilience, improving future insurability before disaster strikes.” Key features of Climate Diagnostic include: Interactive climatic and exposure maps to view highest risk areas - or physical asset portfolio exposures - for a selection of climate risks for given climate scenarios and time horizons, locate individual assets and identify financial exposure to each hazard.It is designed to be embedded in property broking and engineering workflows, helping clients consider climate volatility in risk management decisions.Climate Diagnostic data is scientifically sound, providing an independent forward-looking lens of insurable perils to clients. About WTW At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organisations sharpen their strategy, enhance organisational resilience, motivate their workforce and maximise performance. Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success - and provide perspective that moves you. Learn more at wtwco.com. Media contact Andrew Collis, +44 (0) 7932 725267 | [email protected] |
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2026-06-15 07:56
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2026-06-15 02:00
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Electro Optic Systems to Establish European C2 AI Hub in France | FMP Stock News | |
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Investment of more than €10 million will create up to 150 jobs and anchor MARSS headquarters in NicePARIS & CANBERRA, Australia--(BUSINESS WIRE)--Electro Optic Systems (EOS) (ASX: EOS) today confirmed an investment of more than €10 million to establish France as its European hub for AI-enabled counter-drone command and control (“C2”) systems. "Establishing our European hub in France allows us to deliver counter-drone and command-and-control capability that partner nations own, produce, and sustain on their own terms." Share The hub will be anchored by the headquarters of MARSS, the AI-enabled command-and-control specialist recently acquired by EOS, and will be located in Nice. The investment is expected to create up to 150 jobs over three years, including high value-added engineering and software development roles. The new hub will strengthen France’s defence industrial ecosystem through sovereign technologies and build on EOS’s existing cooperation with KNDS. EOS will also explore the production of high-energy laser systems and the development of space domain capabilities for France and the wider European market. “France is making a decisive commitment to its defence sovereignty, and EOS is proud to support that ambition,” said Dr. Andreas Schwer, Chief Executive Officer of EOS. “Establishing our European hub in France allows us to deliver counter-drone and command-and-control capability that partner nations own, produce, and sustain on their own terms. This is what genuine industrial sovereignty looks like.” The announcement comes as European governments accelerate investment in air defence in response to the rapid proliferation of low-cost drones. EOS is one of a few specialised companies outside the United States able to offer high-energy laser weapons, and its model is built around full technology transfer and local production, allowing partner nations to manufacture and maintain capability without dependency on foreign export controls. The France hub reinforces EOS’s growing European presence. The company has secured the first export order for a 100kW-class laser weapon system from the Netherlands, and has held advanced discussions with Germany following a visit by the German Federal Minister of Defence to EOS facilities. EOS will exhibit at Eurosatory in Paris from 15 to 19 June 2026 in Hall 5A, Stand H335. Visitors can meet the team and experience live demonstrations of EOS’ AI-enabled command and control capability alongside displays of its kinetic and high-energy laser technologies. ABOUT ELECTRO OPTIC SYSTEMS (ASX: EOS; OTC: EOPSY) EOS operates in two divisions – Defence Systems and Space Systems: EOS Defence Systems specialises in technology for weapon systems optimisation and integration, as well as ISR (Intelligence, Surveillance and Reconnaissance) and C4 systems for land warfare. Its key products offered include next-generation remote weapon systems, vehicle turrets, high-energy laser weapons (directed energy), as well as fully integrated and modular counter-UAS and C2 and C4 systems. C2 Systems include Command and Control Systems such as MARSS’ software-led counter-drone and critical infrastructure protection capabilities, centred on the NiDAR platform. EOS Space Systems Space Systems specialises in applying EOS-developed optical sensors and effectors to detect, track and characterise objects in space. It includes capabilities in the domain of space control. Website: https://www.eos-aus.com/ About MARSS: An EOS Company MARSS is a global defence technology leader specialising in counter-drone and AI-powered security and surveillance systems through NiDAR. With extensive experience spanning 20 years, including research collaboration with the EU, NATO, defence agencies, academia and industry, and installations covering the globe, MARSS is a pioneer in AI-enhanced C2 and C4i solutions. Leveraging innovation and technology to provide the highest level of security against emerging threats, MARSS’ intuitive solutions employ integrated sensor surveillance, machine learning and open-source intelligence to protect nations, critical infrastructure, naval assets, special forces, heads of state, commercial shipping and millions of lives worldwide. About NiDAR NiDAR is MARSS’s AI-powered Command and Control (C2) platform, providing 360-degree situational awareness across air, surface, sub-surface and land domains. The system autonomously detects, tracks, classifies and recommends responses to asymmetric threats, integrating seamlessly with a wide range of sensors and effectors to deliver end-to-end protective solutions. With more than 60 deployments worldwide, NiDAR protects what matters most: people, critical infrastructure and assets. |
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2026-06-15 07:52
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2026-06-15 02:32
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CVLT Investors Have Opportunity to Lead Commvault Systems, Inc. Securities Fraud Lawsuit with the Schall Law Firm | FMP Stock News | |
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, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Commvault Systems, Inc. ("Commvault" or "the Company") (NASDAQ: CVLT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between April 29, 2025 and January 26, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before July 17, 2026. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected]. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. Commvault shared overwhelmingly positive statements about its ARR growth while knowing or recklessly disregarding the fact that its growth guidance failed to factor in important variables including the type of sale. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Commvault, investors suffered damages. Join the case to recover your losses The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: The Schall Law Firm Brian Schall, Esq., www.schallfirm.com Office: 310-301-3335 [email protected] SOURCE The Schall Law Firm |
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2026-06-15 07:44
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2026-06-15 02:18
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Bank of Hawaii Preferreds: Series A Stands Superior To Newly Issued Series B | FMP Stock News | |
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HomeDividends AnalysisDividend IdeasFinancials SummaryBank of Hawaii offers two preferred share series with distinct yield and risk profiles, favoring Series A over Series B.BOH.PR.A trades at a significant discount to par, offers a ~6.9% yield, and benefits from strong dividend coverage and potential capital appreciation.BOH.PR.B, despite a higher coupon (~8%), trades above par, faces negative convexity, and offers an inferior yield-to-call (~6.78%), slightly less than Series A's current yield.Given current interest rate dynamics and call risk, Series A preferreds present superior risk-reward for allocating to BOH preferred stock.The Series A is rated as a buy at present, possessing both standalone and relative appeal.Tom Werner/DigitalVision via Getty Images Bank of Hawaii (BOH) preferred shares possess an attractive yield at present. The company has two issues outstanding at present, with materially different economic profiles and underlying characteristics. The older series, BOH.PR.A was 290 Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Readers are advised to fact-check thoroughly before making any investment-related decisions; this reflects the personal views of the author and should not be pursued as formal financial or investment advice in any manner. While every effort has been made to ensure accuracy, errors may exist in the data and financial projections presented. The author is not responsible for any financial gains or losses incurred from investments made based on this content. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2026-06-15 07:41
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2026-06-15 02:30
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Progressive Keeps Beating the Insurance Industry at Its Own Game. Can It Last? | FMP Stock News | |
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Property and casualty (P&C) insurer Progressive (PGR +0.32%) continued to knock it out of the park in the first quarter. So, then, why has it underperformed other insurance stocks? For instance, while Progressive shares are down over 23% in the last 12 months, Allstate shares are up nearly 12%.While revenue and earnings growth has continued, it has slowed in recent quarters. There are also lingering concerns that a softening insurance market with increased competition, relaxed underwriting standards, and lower premiums, will eventually affect quarterly results. Image source: Getty Images. Diving deep into Progressive's Q1 2026 results For the first quarter, Progressive reported total revenue of $22.2 billion and net income of $2.8 billion, or around $4.81 per share. Underwriting margins came in at 13.6% . The company's combined ratio, which represents the percentage of premiums spent on claims and underwriting expenses, was 86.4. For comparison, most P&C insurers have combined ratios exceeding 90. Today's Change ( 0.32 %) $ 0.65 Current Price $ 202.91 Progressive managed to deliver strong margins while continuing to grow its total number of policies in force. Over the past year, policies in force increased 9%, from 36.3 million to 39.6 million. Yet while Progressive's underwriting margins and growth remained industry-leading, the market had a mixed at best reaction to the latest figures. Metrics like net income and total policies in force fell slightly short of forecasts. Premium and policyholder growth also slowed down in the quarter. Progressive reported a 6% year-over-year increase in premiums written, and an 8% increased in earned premiums. During the full year 2025, these figures were at 12% and 10%, respectively. Shares remain pricey, despite continued uncertainty Progressive is about a month away from releasing quarterly results again, but as the company also issues monthly financial reports, investors aren't completely in the dark. On May 20, Progressive released its April 2026 financial report. In April, Progressive once again reported solid net written and earned premium growth, with these metrics rising 6% and 7%, respectively, year-over-year. Net income also increased by 10% compared to the prior year's month. However, a large increase in realized investment gains skewed results; while Progressive's profitability increased by double digits, the company's combined ratio for the month came in at 90.2, meaning underwriting margins were only 9.8%, a big decline from reported margins during Q1 2026. As Progressive did not provide any commentary alongside these figures, the root cause of this margin drop is unclear. We do know, based on commentary from CEO Tricia Griffith in the Q1 earnings call, that Progressive appears focused on capitalizing on a softening, more competitive insurance market to "continue on our growth trajectory." With Griffith's comments suggesting a preference for growth over margins, it makes sense sell-side earnings forecasts remain downbeat, calling for earnings of $16.40 and $16.19 per share in 2026 and 2027, respectively. Compare that to 2025, when Progressive reported earnings of $18.25 per share . As uncertainty persists, you may want to stick to the sidelines. Progressive, trading for 12 times forward earnings, continues to trade at a premium to peers like Allstate, which trades for around 9 times earnings. That's not to say it will become one of the most undervalued stocks, but a further de-rating could be in store. |
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2026-06-15 07:35
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2026-06-15 00:05
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Teledyne FLIR Defense Launches Black Recon™ Autonomous Micro-Drone | FMP Stock News | |
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PARIS--(BUSINESS WIRE)--Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE: TDY), today announced at Eurosatory the market launch of Black Recon™, an autonomously launched micro-drone system that delivers continuous, untethered reconnaissance from military vehicles and fixed installations. Designed for vehicle integration, Black Recon allows crews to launch, operate, recover, and recharge up to three unmanned aerial systems without leaving their platform, reducing risk and. |
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2026-06-15 07:27
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2026-06-15 02:28
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GPK Investors Have Opportunity to Lead Graphic Packaging Holding Company Securities Fraud Lawsuit with the Schall Law Firm | FMP Stock News | |
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, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Graphic Packaging Holding Company ("Graphic Packaging" or "the Company") (NYSE: GPK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 4, 2025 and February 2, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before July 6, 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. Graphic Packaging suffered from inventory management problems, increased costs and reduced demand. The Company downplayed the severity of these issues despite the fact they would have a material impact on its financial performance. The Company overstated the strength of its business model. 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 Graphic Packaging, 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 |
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2026-06-15 07:27
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2026-06-15 02:33
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Graphic Packaging Holding Company Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - GPK | FMP Stock News | |
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, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Graphic Packaging Holding Company ("Graphic Packaging" or "the Company") (NYSE: GPK) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of GPK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: February 4, 2025 to February 2, 2026 DEADLINE: July 6, 2026 CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Graphic Packaging downplayed the severity of reduced demand, higher costs, and inventory management struggles. Based on these facts, Graphic Packaging's public statements were false and materially misleading throughout the class period. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. Join the case to recover your losses. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1 Eastchester, NY 10709 Phone: 914-206-9742 Email: [email protected] SOURCE DJS Law Group LLP |
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2026-06-15 07:27
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2026-06-15 03:03
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SPS Commerce: High Quality, Fair Valuation, And A Growth Inflection Ahead | FMP Stock News | |
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714 FollowersAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SPSC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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