SummaryNANO Nuclear Energy Inc. is poised for significant upside as nuclear power demand surges amid rising electricity needs and grid constraints.NNE has rallied over 250% year-to-date, remains highly liquid, and benefits from U.S. government support and incentives for nuclear energy expansion.Despite current losses, NNE's strong growth and momentum grades, along with sector tailwinds from AI, EVs, and crypto, justify a bullish outlook.With a sub-$2 billion market cap, NNE is an attractive M&A target for tech giants, and I rate the stock a buy on the recent dip below $50.Looking for more investing ideas like this one? Get them exclusively at Hecht Commodity Report. Learn More » 1715d1db_3/iStock via Getty Images
Crude oil, natural gas, coal, and biofuels are the traditional energy commodities. Nuclear energy has had its problems over the years, notably, Chernobyl and the Japanese Fukushima Daiichi accident caused many countries to abandon nuclear power solutions. However, in 2025, nuclear energy is back
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.
The author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis.
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.
Recommended For You
2025-10-10 19:066mo ago
2025-10-10 14:416mo ago
AppLovin Reinvents Itself: Betting Big on AI-Powered Advertising
Key Takeaways AppLovin sold its Apps segment to Tripledot Studios for $400M in cash and a 20% ownership stake.The company now focuses on AI-powered ad infrastructure through its MAX and AXON platforms.APP shares have surged 85% YTD, outpacing industry growth, as earnings estimates trend higher.
AppLovin’s (APP - Free Report) story has shifted from game creation to algorithmic precision, a full-blown reinvention few tech firms may dare to attempt.
Once tethered to the unpredictable cycles of mobile gaming, the company hit a ceiling that stifled scale and sustainability. That limit vanished the moment CEO Adam Foroughi tore down the old blueprint. The landmark sale of AppLovin’s Apps segment to Tripledot Studios in June 2025 for $400 million in cash and a 20% ownership stake wasn’t just a business transaction; it was a clean break from its past identity.
Now operating without the crutch of owned gaming, AppLovin stands as a pure technology infrastructure company, with AI at its core. Its MAX mediation platform orchestrates massive volumes of in-app ad inventory. At the same time, AXON, the company’s machine learning powerhouse, dictates in real time where each ad should go for maximum yield. This ecosystem has redefined the ad-buying process, replacing the intuition of human sales teams with the precision of algorithms.
But such a radical shift doesn’t come without risks. The stakes are higher, the margin for error thinner. Yet, AppLovin’s move into the self-serve, AI-native ad market gives it a broader reach and far greater durability than its gaming roots ever could. What once relied on player engagement now thrives on data intelligence. APP isn’t just playing a new game; it’s building the platform everyone else will have to play on.
Peer Pressure?Peers like The Trade Desk (TTD - Free Report) and Magnite (MGNI - Free Report) operate in adjacent digital advertising spaces and have demonstrated comparable strengths. The Trade Desk, a leader in programmatic advertising, has maintained steady growth with a focus on connected TV and advanced data analytics. Magnite, as a supply-side platform, continues expanding its footprint across multiple device types and formats, emphasizing scale and inventory diversification.
AppLovin’s differentiation lies in combining AI with mobile gaming ad monetization, where it significantly outpaces both The Trade Desk and Magnite in revenue growth rates. However, The Trade Desk’s strong market position and Magnite’s expanding supply-side reach remain significant competitive factors that demand attention from investors examining advertising tech stocks.
APP’s Price Performance, Valuation and EstimatesThe stock has gained 85% year to date compared with the industry’s 41% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, APP trades at a forward price-to-earnings ratio of 47X, which is well above the industry average of 30X. It carries a Value Score of F.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for the company’s earnings has been on the rise over the past 30 days.
Image Source: Zacks Investment Research
APP currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2025-10-10 19:066mo ago
2025-10-10 14:416mo ago
Goldman Sachs Sees ‘Drawdown' (Sell-Off) Potential: 4 Safe Dividend Giants
Last week, Goldman Sachs CEO David Solomon delivered a speech in Italy, warning of the potential for an artificial intelligence (AI) bubble following one of the biggest stock market rallies in years.
2025-10-10 19:066mo ago
2025-10-10 14:486mo ago
Capcom: Spotlight On Peer's Privatization And Company's Game Pipeline
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-10 19:066mo ago
2025-10-10 14:506mo ago
SAVARA ALERT: Bragar Eagel & Squire, P.C. Urges Investors in Savara, Inc. To Contact the Firm Before the November 7th Deadline Regarding the Filed Class Action Lawsuit
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Savara (SVRA) To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Savara between March 7, 2024 and May 23, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, Oct. 10, 2025 (GLOBE NEWSWIRE) --
What’s Happening:
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Savara Inc. (“Savara” or the “Company”) (NASDAQ:SVRA) in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons and entities who purchased or otherwise acquired Savara securities between March 7, 2024 and May 23, 2025, both dates inclusive (the “Class Period”).Investors have until November 7, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details:
According to the complaint, during the class period, defendants failed to disclose that: (i) the MOLBREEVI Biologics License Application ("BLA") lacked sufficient information regarding MOLBREEVI's chemistry, manufacturing, and/or controls; (ii) accordingly, the FDA was unlikely to approve the MOLBREEVI BLA in its current form; (iii) the foregoing made it unlikely that Savara would complete its submission of the MOLBREEVI BLA within the timeframe it had represented to investors; and (iv) the delay in MOLBREEVI's regulatory approval increased the likelihood that the Company would need to raise additional capital.
Plaintiff alleges that on May 27, 2025, Savara issued a press release "announc[ing] that the Company received [a refusal to file ("RTF")] letter from the FDA for the [MOLBREEVI BLA] as a therapy to treat patients with [aPap]." Specifically, Savara revealed that "[u]pon preliminary review, the FDA determined that the [MOLBREEVI BLA] was not sufficiently complete to permit substantive review and requested additional data related to Chemistry, Manufacturing, and Controls (CMC)." On this news, Savara's stock price fell $0.90 per share, or 31.69%, to close at $1.94 per share on May 27, 2025.
Next Steps:
If you purchased or otherwise acquired Savara shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.
October 10, 2025 2:50 PM EDT | Source: Tenet Fintech Group Inc.
Toronto, Ontario--(Newsfile Corp. - October 10, 2025) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler Business Development Platform, today announced that due to ongoing postal service delays by Canada Post affecting the delivery of certain shareholder communications, the Company is relying on the temporary relief provided by the Canadian Securities Administrators under Coordinated Blanket Order 51-932 Temporary Exemption from requirements in National Instrument 51-102 Continuous Disclosure Obligations and National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Issuer to send certain proxy-related materials during a postal suspension (Blanket Order 51-932) (the "Blanket Order").
Access to Proxy-Related Materials
In accordance with the Blanket Order, the Company is providing access to the proxy-related materials electronically instead of by mail. Shareholders can access the following documents:
Notice of Meeting
Management Information Circular
Form of Proxy
All materials are available on the Company's website at https://pkk2025.webflow.io/ and on SEDAR+ at www.sedarplus.ca under the Company's profile.
Voting Instructions
Registered shareholders may vote by:
Internet: https://www.meeting-vote.com/login.do (Control number provided by transfer agent)
Email: Instructions provided on the Form of Proxy
At the Meeting: Online or in person, as applicable
Beneficial (non-registered) shareholders should follow the voting instructions provided by their brokerage firm or intermediary and ask to obtain their voting control number and the steps of how to vote, which could include internet voting, completing a form of proxy and emailing it, directing your broker over the phone on how you wish to vote or some other method as described by your brokerage house or depository company.
The Company has satisfied all of the conditions to rely on, and is relying on, the exemption provided by the Blanket Order from the requirement to send proxy-related materials to its shareholders.
Meeting Details
Meeting Date:November 6, 2025Time:10:00 a.m. (EST)Format:HybridLink: https://tinyurl.com/November-06 (meeting ID 257 886 052 202 5 and passcode 6nk2YG7T)Location:645, Wellington Street, Suite 220, Montréal, QC H3C 1T2About Tenet Fintech Group Inc.:
Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler Business Development Platform, a global platform where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: https://www.tenetfintech.com/.
Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at www.sedarplus.ca, for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270034
2025-10-10 19:066mo ago
2025-10-10 14:516mo ago
M&T Bank's Q3 Earnings on the Deck: Here's What You Should Know
Key Takeaways M&T Bank will announce third-quarter 2025 earnings on Oct. 16, before market open.Higher loan balances and stable deposit costs are likely to support modest NII growth.Expenses are expected to rise as MTB continues investing to strengthen its franchise.
M&T Bank Corporation (MTB - Free Report) is slated to report third-quarter 2025 results on Oct. 16, before the opening bell. The company is expected to have registered year-over-year increases in quarterly revenues and earnings.
In the last reported quarter, M&T Bank’s results were supported by higher non-interest income, a rise in loan balances and lower provision for credit losses. However, declining net interest income (NII), higher expenses and lower deposits acted as spoilsport.
Quarterly earnings surpassed the consensus estimate in three of the trailing four quarters and missed once, with the average earnings surprise being 6.09%.
M&T Bank Corporation Price and EPS SurpriseFactors to Influence M&T Bank’s Q3 ResultsLoans & NII: The overall lending environment remained healthy in the third quarter of 2025. Per the Fed’s latest data, demand for commercial and industrial, real estate and consumer loans was robust during the quarter, likely supporting the company’s lending activity and average interest-earning assets growth in the to-be-reported quarter. The Zacks Consensus Estimate for average interest-earning assets is pegged at $192.6 billion, indicating a 1.1% increase from the prior-quarter reported figure. Our model estimate is pegged at $196.2 billion.
The Federal Reserve reduced interest rates by 25 basis points to 4.00–4.25% in September 2025. With rates remaining largely stable through most of the quarter, funding and deposit costs likely stabilized, supporting modest growth in M&T Bank’s NII.
The Zacks Consensus Estimate for NII (on a tax-equivalent basis) is pegged at $1.77 billion, indicating a 3.2% increase from the prior quarter’s reported number. Our model projects the metric to $1.76 billion.
Fee Income: The company’s average total deposits are likely to have remained relatively stable in the third quarter of 2025. This is expected to have provided some support to revenues from service charges on deposit accounts. The consensus estimate for the metric is pegged at $138.1 million, indicating a nearly 1% rise from the prior quarter’s reported figure. Our estimate for the metric is $136.1 million.
Meanwhile, mortgage rates declined notably during the third quarter of 2025 but remained range-bound. As such, refinancing activity and origination volumes did not witness significant growth. Hence, MTB’s mortgage banking income is expected to have negatively impacted in the to-be-reported quarter.
The Zacks Consensus Estimate for mortgage banking revenues is pegged at $128.8 million, indicating a nearly 1% decline from the prior quarter’s reported level. We expect the metric to be $118.4 million.
The consensus estimate for brokerage services income of $30.9 million indicates a slight decline from that reported in the second quarter of 2025. We expect the metric to be $29.4 million.
The Zacks Consensus Estimate for trust income of $184.8 million indicates an increase of 1.5% sequentially. Our model predicts the metric to be $184.1 million.
The Zacks Consensus Estimate for total non-interest income is pegged at $657.8 million, indicating a 3.8% decline from the prior quarter’s actual. Our model projects the metric to be $667.4 million.
Expenses: MTB’s expenses are expected to have increased modestly in the third quarter of 2025, reflecting continued investments in strengthening its franchise. Our model projects non-interest expense to be $1.36 billion for the third quarter of 2025, indicating a sequential rise of 2.2%.
What Our Quantitative Model Predicts for MTBPer our proven model, the chances of M&T Bank beating estimates this time are high. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here.
You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Earnings ESP: The Earnings ESP for M&T Bank is +0.47%.
Zacks Rank: M&T Bank currently carries a Zacks Rank of 3.
The Zacks Consensus Estimate for MTB’s third-quarter earnings has been revised downward to $4.38 per share over the past seven days. The figure indicates an increase of 7.4% from the year-ago number. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
The consensus estimate for revenues is pegged at $2.44 billion, implying a rise of 4.4% from the year-ago reported level.
Other Stocks That Warrant a LookHere are some other bank stocks, which, according to our model, have the right combination of elements to post an earnings beat this time around.
The Earnings ESP for State Street Corporation (STT - Free Report) is +0.45% and it carries a Zacks Rank of 1 at present. STT is slated to report its third-quarter 2025 results on Oct. 17. You can see the complete list of today’s Zacks #1 Rank stocks here.
Over the past seven days, the Zacks Consensus Estimate for State Street's quarterly earnings has been revised upward, indicating a rise of 15.5% from the year-ago reported figure.
First Horizon Corporation (FHN - Free Report) has an Earnings ESP of +1.20% and a Zacks Rank of 2 at present. FHN is expected to release its third-quarter 2025 earnings on Oct. 15.
Quarterly earnings estimates for First Horizon have remained unchanged in the past seven days, indicating an increase of 7.1% from the year-ago reported figure.
2025-10-10 19:066mo ago
2025-10-10 14:516mo ago
3 Top AI Stocks Push Record Highs Again (NVDA, ANET, VRT)
As the bull market and AI data center buildout gain momentum, Nvidia ((NVDA - Free Report) ), Arista Networks ((ANET - Free Report) ), and Vertiv ((VRT - Free Report) ) continue to lead the way, and for good reason. While many new opportunities have emerged to play the AI theme, these three remain, in my view, the lowest-risk and most structurally important players in the space.
Each company plays a critical role in the backbone of data centers and enjoys distinct competitive advantages in its niche. Nvidia dominates in GPUs and AI compute, Arista Networks controls high-speed networking, and Vertiv provides the power and cooling solutions that keep hyperscale data centers running. They are the essential suppliers of the AI infrastructure boom.
I tend to trust the market, and the fact that these stocks continue to push new highs underscores their importance in this massive trend. That said, just this morning, President Trump posted market-moving comments about trade relations and tariffs with China. Investors may see a return of tariff-related volatility in the near term, potentially derailing the rally temporarily.
Even so, any correction, while it should hit even the leaders would likely be sharp, quick, and ultimately healthy, setting up fantastic buying opportunities in the weeks ahead. Below I will review the current fundamental and technical details of Vertiv, Nvidia and Arista Networks.
Image Source: Zacks Investment Research
Nvidia: How to Buy Shares on a PullbackNvidia remains the undisputed leader in AI computing, and the numbers underscore why it continues to command a premium valuation. The stock currently trades at a forward earnings multiple of 43.3x, with earnings projected to grow at a robust 32.8% annually over the next three to five years. On the top line, Wall Street expects sales to surge 57% this year, followed by another 32.3% growth next year, figures that far outpace nearly every other large-cap technology company.
When it comes to timing entries, picking levels on pullbacks is hardly an exact science. That said, I view the $150-$160 range, near Nvidia’s prior all-time highs, as an attractive zone to accumulate shares if the market delivers a correction. Such a move would represent about a 20% pullback from current levels and would reset the stock’s forward earnings multiple to a very attractive ~34x, especially considering the company’s extraordinary growth trajectory.
Image Source: TradingView
Vertiv: Shares Push New All Time HighsVertiv has quietly become one of the most important enablers of the AI data center buildout, providing the power and liquid-cooling systems that keep hyperscale clusters running. The stock currently holds a Zacks Rank #2 (Buy), reflecting recent upward revisions to earnings.
Valuation remains rich, Vertiv trades at about 44x forward earnings, but growth expectations justify much of that premium. Wall Street projects earnings to compound at 29.7% annually over the next three to five years, with sales expected to climb 24.6% this year and another 15.8% next year. That combination of double-digit top-line expansion and rapid EPS growth puts Vertiv firmly in the top tier of industrial technology names.
Like Nvidia, timing pullbacks in a strong uptrend is just eyeball analysis. Vertiv made fresh all-time highs again today, but history shows that opportunities can arise during sharp corrections. A retracement back toward its recent breakout zone in the $150–$130 range would represent a 20%+ pullback and, importantly, bring the forward earnings multiple down to roughly 36.5x, a far more appealing level given the growth outlook.
Image Source: TradingView
Arista Networks: Stock on a Relentless Bull RunArista Networks has been on an unstoppable run, cementing its position as the premier provider of high-speed networking equipment for AI data centers. As hyperscalers race to interconnect thousands of GPUs into massive training clusters, Arista’s switches and Ethernet solutions have become indispensable. That demand backdrop explains why the stock continues to command a premium valuation.
Currently, Arista trades at 56.2x forward earnings, making it the most expensive of the three AI infrastructure leaders. However, strong fundamentals and a one-of-a-kind product underpin that multiple. EPS is forecast to grow 18.7% annually over the next three to five years, while sales are projected to increase 25.4% this year and another 19.9% next year. That combination of steady double-digit growth and dominant market share keeps buyers coming in on every dip.
If Arista were to experience a correction similar to Nvidia and Vertiv, roughly a 20% pullback, the stock could retest the gap zone near $130. Such a move would reset its forward earnings multiple to about 46.2x, still elevated relative to peers but far more digestible given the company’s growth trajectory and critical role in AI networking.
Image Source: TradingView
Should Investors Buy Shares of NVDA, VRT and ANET?Buying pullbacks is always easier said than done. Corrections can be sharp and unnerving, and investors often risk “catching a falling knife” if they rush in too early. My preference is to wait until daily ranges begin to narrow and volatility starts to cool following a selloff into buy zones, as this often signals that a new floor is forming and that the risk/reward has tilted back in favor of buyers.
That said, Nvidia, Vertiv, and Arista Networks are not speculative names. They are the backbone of the AI data center buildout, each with defensible competitive advantages and structural growth drivers that should extend into the next few years at least. A 20% correction in any of these leaders would not signal the end of the AI trade, but would more likely represent an opportunity to accumulate shares of a world-class businesses at a discount.
2025-10-10 19:066mo ago
2025-10-10 14:516mo ago
Levi Strauss' Q3 Earnings Beat Estimates, DTC Sales Up 11.3% Y/Y
Key Takeaways Q3 FY25 EPS of $0.34 beat estimates and rose 3% year over year; revenues grew 7% to $1.54B.DTC sales jumped 11% with 18% e-commerce growth, marking 14 straight quarters of positive comps. LEVI expanded gross margin by 110 bps to 61.7% and returned $151M to shareholders in Q3.
Levi Strauss & Co. (LEVI - Free Report) reported impressive third-quarter fiscal 2025 results, wherein earnings per share (EPS) and revenues beat the Zacks Consensus Estimate. Both metrics improved year over year.
Direct-to-Consumer (DTC) has been a key growth driver, backed by positive comp growth and robust e-commerce performance. LEVI posted positive global comps for the 14th straight time in the reported quarter. Its innovation pipeline is also robust.
Levi Strauss, one of the world's largest brand-name apparel companies and a global leader in jeans wear in the Americas, Europe and Asia, posted quarterly adjusted EPS of 34 cents, which beat the Zacks Consensus Estimate of 31 cents and rose nearly 3% from 33 cents reported in the prior-year period.
Net revenues of $1.54 billion also beat the Zacks Consensus Estimate of $1.50 billion. Also, the metric jumped nearly 7% year over year on a reported basis and 6.9% on an organic basis.
Shares of this Zacks Rank #2 (Buy) company have risen 63.1% in the past three months compared with the industry’s growth of 25.2%.
LEVI’s Quarterly Performance: Key Metrics & InsightsDTC net revenues reflected an increase of 11.3% on a reported basis and 8.8% on an organic basis to $711.2 million. Organic DTC growth was backed by a rise of 7% in the United States, 4% in Europe and 14% in Asia. E-commerce net revenues were up 18% on a reported basis and 16% on an organic basis. In the fiscal third quarter, DTC accounted for 46% of the overall net revenues.
Wholesale net revenues rose 3.5% on a reported basis to $832.2 million. The metric rose 5.3% on an organic basis. Beyond Yoga revenues grew 2% on both a reported and organic basis.
The Zacks Consensus Estimate for DTC and Wholesale channels was pegged at $669 million and $831 million, respectively, for the fiscal third quarter.
In the Americas, revenues increased 6% on a reported basis and 7% on an organic basis. Within the Americas, the US rose 3% on an organic basis, delivering the fifth straight quarter of solid growth. U.S. wholesale net revenues were up despite the headwinds related to the transition of its U.S. distribution centers. Backed by broad-based strength in the region, LatAm recorded various consecutive quarters of double-digit growth, including Q3, which recorded 23% growth.
In Europe, revenues jumped 5% on a reported basis and 3% on an organic basis. All the major markets witnessed growth, thanks to solid performance in the UK.
In Asia, revenues grew 12% both on a reported basis and an organic basis, with double-digit growth across DTC and wholesale.
LEVI’s Margins & ExpensesGross profit increased 8.9% year over year to $951.6 million. The gross margin expanded 110 basis points (bps) to 61.7% in the fiscal third quarter, more than offsetting 80 bps of tariff headwinds. This growth was primarily buoyed by pricing actions, a favorable structural business mix and positive impacts of foreign exchange.
Adjusted SG&A expenses edged up 10.5% to $769.3 million; while, as a percentage of revenues, adjusted SG&A deleveraged 160 bps to 49.8%.
Levi Strauss’ Other Financial SnapshotsLEVI ended the quarter with cash and cash equivalents of $612.8 million and total liquidity of $1.5 billion. As of Aug. 31, 2025, long-term debt and total shareholders’ equity were $1 billion and $2.2 billion, respectively. Total inventories jumped 12% on a dollar basis. In the nine months of fiscal 2025, net cash generated from operating activities was $262.8 million and adjusted free cash flow was $92.5 million.
In the fiscal third quarter, the company returned nearly $151 million to shareholders, a 118% increase year over year, including dividends of $55 million. It has launched a $120 million accelerated share repurchase program, taking delivery of and retiring about 5 million shares. The balance shares will be settled at the end of the program. As of Aug. 31, 2025, the company had $440 million remaining under its existing share repurchase authorization, with no expiration date.
For Q4, LEVI has announced a cash dividend of 14 cents a share totaling $55 million, payable Nov. 4, 2025, to the holders of record as on Oct. 20, 2025.
What to Expect From LEVI in FY25?The 2025 outlook is based on continuing operations, with the Dockers business as discontinued operations. This assumes U.S. tariffs on imports from China at 30% and Rest-of-World at 20% for the rest of the year. Looking at 2026, the company continues to take actions to offset the tariffs. Such mitigation efforts include promotion optimization, pricing actions, vendor negotiation and supply-chain diversification.
For the fiscal fourth quarter, management expects organic net revenue growth to be approximately 1%. On a two-year stack, this equates to 9% growth organically. Reported net revenues are likely to decline approximately 3% owing to the non-comparable items, including the 53rd week, Denizen and footwear, which are not included in the revenue base. Gross margin is forecast to contract about 100 bps, due to tariffs and the absence of the 53rd week. Adjusted EBIT margin will come in the band of 12.4-12.6%. EPS is envisioned in the range of 36-38 cents.
LEVI’s fiscal 2025 reported net revenue growth is now expected to be about 3%, up from 1-2% anticipated earlier. For the fiscal year, it projects organic net revenue growth of around 6% compared with the previous forecast of 4.5-5.5%.
The gross margin is likely to be up 100 bps and the adjusted EBIT margin is still likely to be in the band of 11.4-11.6%. Adjusted EPS is envisioned to be $1.27-$1.32, up from $1.25-$1.30. The tax rate is forecast to be 23% for fiscal 2025.
Eye These Solid Picks in Retail TooUrban Outfitters (URBN - Free Report) , a lifestyle specialty retailer that offers fashion apparel and accessories, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Urban Outfitters’ current financial-year sales indicates growth of 5.5% from the year-ago figure. URBN delivered an average earnings surprise of 24.8% in the last four quarters.
Genesco Inc. (GCO - Free Report) operates as a retailer and wholesaler of footwear, apparel and accessories, sporting a Zacks Rank of 1 at present. GCO delivered a trailing four-quarter earnings surprise of 32.4%, on average.
The Zacks Consensus Estimate for Genesco’s current fiscal-year EPS and sales indicates growth of 66% and 1.7%, respectively, from the year-ago period’s reported figures.
Allbirds, Inc. (BIRD - Free Report) , a lifestyle brand, currently has a Zacks Rank of 2. The company delivered a trailing four-quarter earnings surprise of 20.7%, on average.
The Zacks Consensus Estimate for BIRD’s current financial-year EPS indicates growth of 18.3% from the year-ago figure.
2025-10-10 19:066mo ago
2025-10-10 14:536mo ago
IDEX Corporation to Webcast Third Quarter 2025 Earnings Call
NORTHBROOK, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE:IEX) announced today that it will release its third quarter 2025 results on Wednesday, October 29, 2025, prior to market open. An investor conference call and webcast will take place at 8:00 a.m. (CT) that same day with Chief Executive Officer and President Eric Ashleman and Vice President Corporate Development and Interim Chief Financial Officer Akhil Mahendra.
The event and associated earnings presentation will be available via webcast in listen-only mode on the Company's Investor Relations site at https://investors.idexcorp.com/events. To participate via telephone, please dial (877) 709-8150 or (201) 689-8354 and use confirmation code 13748413. Telephone participants are asked to connect five minutes prior to the start of the conference call. A replay of the earnings call will be available via webcast on the Company's website.
About IDEX
IDEX Corporation (NYSE: IEX), a global engineered products company, is comprised of three primary business segments – Health & Science Technologies, Fluid & Metering Technologies, and Fire & Safety / Diversified Products. Thousands of IDEX employees around the world design and manufacture highly engineered components and applied solutions that are vital to the advances of modern life and help IDEX live its purpose – Trusted Solutions, Improving Lives™. From satellite communications to water systems, from medical diagnostic components to emergency rescue tools and more, we collaborate with customers in the most critical industries to develop solutions that make the world better today and into the future. Founded in 1988, IDEX now includes more than 50 dynamic businesses around the world and manufacturing operations in more than 20 countries. Learn more about the impactful work we do at www.idexcorp.com.
More News From IDEX Corporation
Back to Newsroom
2025-10-10 19:066mo ago
2025-10-10 14:536mo ago
Trump reaches deal with AstraZeneca to lower U.S. drug prices, MSNBC reports
The Trump administration and AstraZeneca have reached an agreement for the U.K.-based pharmaceutical giant to cut drug prices in the U.S., MSNBC reported Friday.
The deal with AstraZeneca would follow a similar pact with U.S. drugmaker Pfizer, which was announced late last month.
President Donald Trump and AstraZeneca CEO Pascal Soriot will announce the agreement during a White House event on Friday, MSNBC reported, citing a White House official. AstraZeneca will agree to sell drugs directly to Medicaid patients at the lowest price offered in other developed countries, or what Trump calls "most-favored nation" pricing, on a coming government website called TrumpRx.gov, according to MSNBC.
Pfizer agreed to similar terms with the Trump administration and received a three-year exemption from pharmaceutical sector tariffs as part of the agreement, on the condition that it continued to invest in U.S. manufacturing.
It is unclear if the deal with AstraZeneca would also include such a carveout.
AstraZeneca in July said it would invest $50 billion in the U.S. by 2030. The company announced further details about those plans Friday ahead of the reported pricing deal announcement.
Trump has pushed drugmakers to cut prices and build out manufacturing in the U.S., as sky-high costs for medicines relative to other developed countries irk voters across the political spectrum. As his administration threatened pharmaceutical companies with tariffs as high as 250% in recent months, many drugmakers announced significant investments in the U.S.
Trump has said he aims to strike pricing deals with other major drugmakers in the weeks ahead.
"If we don't make a deal, we're going to tariff them," he said late last month as he announced the Pfizer agreement.
This story is developing. Please check back for updates.
2025-10-10 19:066mo ago
2025-10-10 14:576mo ago
FirstEnergy Electric Companies Prepared for East Coast Storm
Company personnel ready to respond to outages caused by high winds and heavy rains
, /PRNewswire/ -- As a powerful nor'easter heads toward the East Coast this weekend, FirstEnergy Corp. (NYSE: FE) electric companies are gearing up to respond quickly to any outages that may occur. Crews are on alert for outages caused by the high winds and heavy rains forecast to hit New Jersey, Pennsylvania and Maryland beginning Sunday.
Strong Winds, Heavy Rains, Coastal Flooding
FirstEnergy crews are preparing for an East Coast storm that's likely to bring heavy rains and gusty winds.
FirstEnergy meteorologists have been monitoring the developing system for several days. In New Jersey, wind gusts could reach over 65 mph along the coast and 45-55 mph elsewhere, with heavy rain and coastal flooding likely. Far eastern Pennsylvania and central and eastern Maryland could see gusty winds up to 45 mph. These severe conditions may lead to power outages for Jersey Central Power and Light (JCP&L) and Met-Ed customers.
FirstEnergy Storm Preparations
FirstEnergy is ramping up staffing, mobilizing crews and securing additional contractor and mutual assistance resources ahead of the nor'easter. Approximately 1,500 extra personnel are being deployed to central New Jersey before the storm arrives, where weather is expected to hit the hardest. Ongoing coordination with local agencies and officials will also help ensure a quicker response after the storm hits.
Restoring Power After Storms
Major storms can cause significant damage. Storm clean up and power restoration is a labor-intensive and time–consuming process. Depending on the extent of the damage, this work may take several days.
When the power goes out, FirstEnergy works quickly and safely to restore service, beginning with clearing hazards like downed power lines, fallen trees and blocked roads. Once it's safe, personnel assess the damage so crews can begin making repairs, starting with work that addresses the largest numbers of customers and critical facilities like hospitals. Sometimes, repairs take longer if your house or street needs specific attention due to fallen trees or damaged wires, as crews must visit each individual location to complete repairs.
Making Safety a Priority
FirstEnergy puts safety first for crews and customers during rough weather. Crews will keep their buckets grounded when winds exceed 40 mph, focusing on repairs that can be managed from the ground. Saturated soil and flooding pose significant risks to the safety of crews, who must navigate dangerous conditions while working to repair equipment.
Keep safety a personal priority with these tips:
Stay at least 30 feet from downed wires and anything they may be touching; report to 911 immediately.
Keep out of floodwater, which can conduct electricity and hide hazards and debris.
Use flashlights or battery-operated lanterns over candles to reduce fire risks.
Never use grills or gas stoves for heat indoors to avoid carbon monoxide buildup.
Operate generators outside, away from windows. View generator safety information.
Power up for the storm by charging all devices and keeping a car charger ready.
Be ready with essentials including flashlights, a portable radio, extra batteries and ready-to-eat foods.
Secure your water supply if you use a well pump with bottled water or a filled bathtub.
How to Report an Outage
If you lose power during the storm, report your outage by:
Calling 1-888-LIGHTSS (1-888-544-4877)
Texting OUT to LIGHTS (544487)
Clicking the "Outages" link on firstenergycorp.com
Get Outage Updates
Text REG to 544487 to sign up for outage text alerts. Once signed up, text STAT to 544487 to get the latest update for your home.
Log into your online account
View our outage map at firstenergycorp.com/outages.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Visit FirstEnergy online at firstenergycorp.com.
SOURCE FirstEnergy Corp.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
, /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 71 cents per share. This dividend is payable Dec. 31, 2025, to shareholders of record at the close of business on Dec. 9, 2025.
Separately, the board of directors of Union Electric Company, doing business as Ameren Missouri, declared regular quarterly cash dividends on all classes of Union Electric Company's preferred stock. These preferred stock dividends are payable Feb. 15, 2026, to shareholders of record at the close of business on Jan. 15, 2026.
In addition, the board of directors of Ameren Illinois Company, doing business as Ameren Illinois, declared regular quarterly cash dividends on all classes of Ameren Illinois Company's preferred stock. These preferred stock dividends are payable Feb. 2, 2026, to shareholders of record at the close of business on Jan. 9, 2026.
About Ameren Corporation
St. Louis-based Ameren Corporation powers the quality of life for 2.5 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric transmission and distribution service and natural gas distribution service. Ameren Missouri provides electric generation, transmission and distribution services, as well as natural gas distribution service. Ameren Transmission Company of Illinois develops, owns and operates rate-regulated regional electric transmission projects in the Midcontinent Independent System Operator, Inc. For more information, visit Ameren.com, or follow us at @AmerenCorp, Facebook.com/AmerenCorp, or LinkedIn.com/company/Ameren.
SOURCE Ameren Corporation
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
2025-10-10 19:066mo ago
2025-10-10 14:576mo ago
GSK: Compelling Value, No Red Flags Ahead Of Earnings, Blenrep FDA Decision Soon
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-10 19:066mo ago
2025-10-10 14:596mo ago
TRONOX REMINDER: Bragar Eagel & Squire, P.C. Urges Investors of Tronox Holdings to Contact the Firm Before the November 3rd Deadline
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Tronox (TROX) To Contact Him Directly To Discuss Their Options
If you purchased or acquired common stock in Tronox between February 12, 2025, to July 30, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, Oct. 10, 2025 (GLOBE NEWSWIRE) --
What’s Happening:
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Tronox Holdings plc (“Tronox” or the “Company”) (NYSE:TROX) in the United States District Court for the District of Connecticut on behalf of all persons and entities who purchased or otherwise acquired Tronox common stock between February 12, 2025, to July 30, 2025, both dates inclusive (the “Class Period”).Investors have until November 3, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details:
According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Tronox’s ability to forecast the demand for its pigment and zircon products or otherwise the true state of its commercial division, despite making lofty long-term projections, Tronox’s forecasting processes fell short as sales continued to decline and costs increased, ultimately, derailing the Company’s revenue projections.On July 30, 2025, Tronox announced its financial results for the second quarter of fiscal 2025, revealing a significant reduction in TiO2 sales for the quarter. The Company attributed the decline to “softer than anticipated coatings season and heightened competitive dynamics.” As a result of the setback in sales, defendants revised the Company’s 2025 financial outlook lowering its full-year revenue guidance and reducing its dividend by 60%.Following this news, Tronox’s common stock declined dramatically. From a closing market price of $5.14 per share on July 30, 2025, Tronox’s stock price fell to $3.19 per share on July 31, 2025, a decline of about 38% in the span of just a single day. Next Steps:
If you purchased or otherwise acquired Tronox shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.
October 10, 2025 3:00 PM EDT | Source: CleanTech Vanadium Mining Corp.
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - CleanTech Vanadium Mining Corp. (TSXV: CTV) (OTCQB: CTVFF) ("CleanTech" or the "Company") is pleased to announce the appointment of Stephanie Lee as its Vice President Legal, effective October 10, 2025.
Ms. Lee is a Canadian-qualified lawyer with eight years of experience in corporate finance, securities, and corporate governance, with a primary focus on clients in the mining and natural resources sector. She joins CleanTech from private practice at a national law firm, where she advised public and private issuers on financings, disclosure, mergers and acquisitions and regulatory compliance.
In her new role, Ms. Lee will oversee the Company's legal affairs and provide strategic counsel to support its operations and growth initiatives across its project portfolio.
The Company also announces that its board of directors has approved the grant of incentive stock options (the "Options") to Ms. Lee to acquire an aggregate of 200,000 common shares in the capital of the Company at an exercise price of $0.34. All Options were granted pursuant to the Company's 10% rolling stock option plan (the "Plan") and are subject to the terms of the Plan, the applicable grant agreements and the requirements of the TSX Venture Exchange. The Options are exercisable for a five-year term expiring October 10, 2030. The Options will vest at 12.5% per quarter for the first two years following the grant date starting on January 10, 2026.
The Company further announces that Alex Bayer will step down as the Company's Chief Legal Officer effective October 25, 2025. The Company thanks Mr. Bayer for his valuable contributions during his tenure with the Company. Mr. Bayer will remain available to the Company as a consultant.
About CleanTech Vanadium Mining Corp.
CleanTech is a mining company focused on critical mineral resources in the USA. The Company has an option to acquire 15,975 acres of mineral rights with historic Fluorspar resources across multiple projects in the Illinois-Kentucky Fluorspar District. CleanTech also owns a 100% interest in the Gibellini Vanadium Mine Project in Nevada.
Further information on CleanTech can be found at www.cleantechvanadium.com.
ON BEHALF OF THE BOARD
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270037
2025-10-10 19:066mo ago
2025-10-10 15:006mo ago
Oracle Commodity Holding Appoints Vice President Legal
October 10, 2025 3:00 PM EDT | Source: Oracle Commodity Holding Corp.
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") is pleased to announce the appointment of Stephanie Lee as its Vice President Legal, effective October 10, 2025.
Ms. Lee is a Canadian-qualified lawyer with eight years of experience in corporate finance, securities, and corporate governance, with a primary focus on clients in the mining and natural resources sector. She joins Oracle from private practice at a national law firm, where she advised public and private issuers on financings, disclosure, mergers and acquisitions and regulatory compliance.
In her new role, Ms. Lee will oversee the Company's legal affairs and provide strategic counsel to support its operations and growth initiatives across its project portfolio.
The Company also announces that its board of directors has approved the grant of incentive stock options (the "Options") to Ms. Lee to acquire an aggregate of 200,000 common shares in the capital of the Company at an exercise price of $0.05. All Options were granted pursuant to the Company's 10% rolling stock option plan (the "Plan") and are subject to the terms of the Plan, the applicable grant agreements and the requirements of the TSX Venture Exchange. The Options are exercisable for a five-year term expiring October 10, 2030. The Options will vest at 12.5% per quarter for the first two years following the grant date starting on January 10, 2026.
The Company further announces that Alex Bayer will step down as the Company's Chief Legal Officer effective October 25, 2025. The Company thanks Mr. Bayer for his valuable contributions during his tenure with the Company. Mr. Bayer will remain available to the Company as a consultant.
About Oracle Commodity Holding Corp.
Oracle Commodity Holding Corp. is a mining royalty company holding royalties on several precious metal and critical mineral mining projects.
Further information on Oracle Commodity can be found at www.oracleholding.com.
ORACLE COMMODITY HOLDING CORP.
ON BEHALF OF THE BOARD
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270038
October 10, 2025 3:00 PM EDT | Source: Silver Elephant Mining Corp.
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce the appointment of Stephanie Lee as its Vice President Legal, effective October 10, 2025.
Ms. Lee is a Canadian-qualified lawyer with eight years of experience in corporate finance, securities and corporate governance with a primary focus on clients in the mining and natural resources sector. She joins Silver Elephant from private practice at a national law firm, where she advised public and private issuers on financings, disclosure, mergers and acquisitions and regulatory compliance.
In her new role, Ms. Lee will oversee the Company's legal affairs and provide strategic counsel to support its operations and growth initiatives across its project portfolio.
The Company also announces that Alex Bayer will step down as the Company's Chief Legal Officer effective October 25, 2025. The Company thanks Mr. Bayer for his valuable contributions during his tenure with the Company. Mr. Bayer will remain available to the Company as a consultant.
About Silver Elephant Mining Corp.
Silver Elephant is a mineral exploration company with gold and silver projects in Bolivia.
Further information on Silver Elephant can be found at www.silverelef.com.
SILVER ELEPHANT MINING CORP.
ON BEHALF OF THE BOARD
"John Lee"
CEO and Executive Chairman
FORWARD-LOOKING INFORMATION
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Such forward-looking information, which reflects management's expectations regarding Silver Elephant's future growth, results of operations, performance, business prospects and opportunities, is based on certain factors and assumptions and involves known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270039
New York, NY, Oct. 10, 2025 (GLOBE NEWSWIRE) -- In a newly released investigative feature, Legal Tech Spotlight examines how a single Midtown Manhattan email confirming a hotel lease evolved into a year-long saga of lawsuits, sensational headlines, and public misperception — ultimately reshaping the fate of LuxUrban Hotels Inc.
What began as a straightforward transaction for the historic Royalton Hotel spiraled into a cautionary tale of media amplification and legal misunderstanding. The report, titled “The Hotel That Wasn’t a Mirage,” dissects how reporting, perception, and litigation merged to create a feedback loop that outpaced fact.
A Single Email, a Storm of Coverage
In December 2023, an attorney at Fried Frank LLP confirmed that LuxUrban and MCR Hotels had fully executed their lease for the Royalton. Despite this clear record, industry headlines soon cast doubt on whether that lease — and others — truly existed.
Coverage by Bisnow, led by reporter Ciara Long, portrayed LuxUrban’s operations as speculative and unstable. Within weeks, the company was branded as a “phantom operator,” fueling class-action filings and investor panic. Yet federal and state records confirm each questioned lease was fully valid and properly executed.
“The facts were always there,” a legal analyst told Legal Tech Review. “But once perception took hold, every move LuxUrban made was seen through a lens of suspicion.”
Court Rulings Correct — But Can’t Reverse — Narrative
In July 2025, U.S. District Judge Paul Engelmayer dismissed key shareholder allegations, confirming that LuxUrban’s accounting and financial statements met federal standards. The Stanford Legal Reporters later described the ruling as a “judicial correction of narrative distortion.”
However, few outlets covered the decision. The correction — though definitive — could not undo the reputational and operational harm caused by a year of unchecked speculation.
From Victim to Villain: The Tuscany and Hotel 46 Cases
The Legal Tech Spotlight investigation details how two high-profile disputes — the Tuscany Hotel and Hotel 46 — became flashpoints of misrepresentation.
At the Tuscany, filings show that Tuscany Legacy Leasing misrepresented the term of its master lease and collected over $5 million in deposits from LuxUrban under false conditions.
At Hotel 46, LuxUrban operated under a city migrant-housing program, maintaining payroll and union obligations — even exceeding contractual pay scales — while awaiting nearly $8 million in reimbursements from city intermediaries that never arrived. Despite this, media outlets simplistically framed the issue as “wage delays,” omitting the fact that the shortfall was caused by unpaid government obligations, not corporate neglect. This has been occurring for almost two years and Hotel 46 has not collected a single dollar for two years.
When Media and Law Collide
The report positions LuxUrban’s experience as a case study in media-legal convergence, where unverified reporting and litigation feedback loops reinforce each other.
“Public perception can overtake legal reality before the facts are known,” said one attorney close to the proceedings. “Once that happens, truth becomes secondary.”
In several filings, courts even referenced Bisnow’s reporting, embedding speculative commentary into official records — a troubling sign of how the boundary between journalism and adjudication has eroded.
The Documented Record
Despite the sensational headlines, the official record tells a different story:
✅ Royalton lease: Executed and confirmed by Fried Frank LLP.✅ The James NoMad lease: Fully valid, backed by a $5 million deposit, and endorsed by GFI Hospitality.✅ Fraud and accounting claims: Dismissed by SDNY; filings found compliant with federal standards.✅ Tuscany dispute: Counterparty found to have engaged in misrepresentation and bad-faith dealings.✅ Hotel 46: Nearly $8 million in unreimbursed funds from city contracts, despite full union and payroll compliance. Hidden Costs of Perception
Legal Tech Review estimates LuxUrban’s combined losses now exceed $30 million, driven almost entirely by misperception-fueled fallout rather than operational failure.
Breakdown of Estimated Impact
In aggregate, LuxUrban Hotels faced a combined estimated impact exceeding $30 million, stemming from a series of adverse events, contractual disputes, and regulatory actions. The approximate breakdown is as follows:
• $8 million – Unreimbursed city payments related to Hotel 46.
• $5 million – Forfeited security deposit at The James NoMad.
•. $5 million in union-related payroll penalties and accelerated disbursements under the Industry-Wide Agreement (IWA), paid directly into workers’ pockets — above their contracted wages — in some cases triggered by payroll cycles being delayed by as little as 6–8 hours.
• $5+ million – Losses at The Tuscany resulting from weaponized contracts and litigation traps.
• $3–$5+ million – Cumulative legal, compliance, and defense costs incurred in connection with these events.
Total Estimated Impact: $25–30+ million
By late 2025, LuxUrban had spent more money vindicating itself than it ever made from the properties in question. Meanwhile, institutions such as the Hotel Association of New York City (HANYC) and various city agencies remained silent as the damages mounted.
The report underscores a sobering lesson: in the digital era, speed, repetition, and silence can outweigh accuracy, transforming misinformation into market reality.
Timeline of Key Events
DateEventOutcomeDec. 2023Fried Frank confirms Royalton lease executedVerified recordMar. 2024Media questions leases, fueling lawsuitsPublic narrative shiftsJul. 2025SDNY dismisses fraud and accounting claimsFederal validationAug. 2025Tuscany case exposes counterparty fraudLuxUrban vindicatedSept. 2025City fails to reimburse migrant-hotel funds$8M shortfallOct. 2025Total losses exceed $25-30 million (including legal costs)Reputational damage entrenched A Broader Lesson
As Legal Tech Review concludes, LuxUrban’s story is not one of fraud — but of narrative power unchecked by fact.
In an age where headlines travel faster than evidence, the case demonstrates how truth can become collateral damage.
“The filings are clear,” the report notes. “The real question is whether anyone will read them.”
About Legal Tech Review
Legal Tech Review is an independent legal affairs analysis platform, focusing on the intersection of law, technology, and media accountability. Its investigations bring clarity to emerging legal disputes that shape markets, reputations, and the public record.
2025-10-10 19:066mo ago
2025-10-10 15:006mo ago
FDA Approves Expanded Indication for UZEDY® (risperidone) Extended-Release Injectable Suspension as a Treatment for Adults Living with Bipolar I Disorder
FDA approves UZEDY® (risperidone) extended-release injectable suspension for subcutaneous use as monotherapy or as adjunctive therapy to lithium or valproate for the maintenance treatment of bipolar I disorder in adults.1UZEDY (risperidone) extended-release injectable suspension for subcutaneous use is indicated for use every one or two months for the treatment of schizophrenia in adults.1This approval marks a significant step towards addressing the unmet needs of people living with BD-I and schizophrenia, underscoring Teva’s ongoing commitment to drive new advances in neuroscience.2
PARSIPPANY, N.J. and TEL AVIV, Israel and PARIS, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA), and Medincell (Euronext: MEDCL), announced today that the U.S. Food and Drug Administration (FDA) has approved UZEDY® (risperidone) as a once-monthly extended-release injectable suspension as monotherapy or as adjunctive therapy to lithium or valproate for the maintenance treatment of bipolar I disorder (BD-I) in adults. The approval is based on existing clinical data for UZEDY, coupled with Model-Informed Drug Development (MIDD) methodologies that leverage previous findings on the safety and efficacy of risperidone formulations already approved for BD-I.
UZEDY is the first subcutaneous, long-acting formulation of risperidone that utilizes SteadyTeq™, a copolymer technology proprietary to Medincell that controls the steady release of risperidone.1 Therapeutic blood concentrations are reached within 6-24 hours of a single dose.1 For the BD-I indication, UZEDY is now approved with three once-monthly dosing options (50 mg, 75 mg and 100 mg).
“Adults living with BD-I experience debilitating manic and depressive symptoms, and today’s FDA approval of UZEDY provides a new long-acting formulation of risperidone that may help address existing unmet needs and treatment gaps,” said Chris Fox, Executive Vice President, U.S. Commercial at Teva. “This expanded indication for UZEDY builds on its success in adults living with schizophrenia and demonstrates Teva’s dedication to developing innovative medicines for complex mental health conditions that place a heavy burden on individuals and their caregivers.”
An estimated 1% (or 3,400,000+) of U.S. adults will develop BD-I in their lifetime which is associated with poor long-term outcomes and a substantial increase in mortality compared to the general population from both suicide and cardiovascular disease.3
“Bipolar I disorder carries profound implications for a person’s life and is linked to suboptimal long-term outcomes, with treatment adherence to daily oral options frequently presenting as a major impediment to effective care,” said Craig Chepke, MD, DFAPA, Medical Director, Excel Psychiatric Associates and Scientific Director, HMP Global’s Psych Congress events and programs. “The FDA’s decision to expand the indication for UZEDY may help those living with BD-I. As a clinician, I am excited to now have a new treatment option for this complex disease.”
UZEDY was approved in the U.S. for the treatment of schizophrenia in adults in 2023.2
“Long-acting injectables are increasingly recognized as key drivers of innovation in CNS therapeutics,” said Christophe Douat, CEO of Medincell. “We’re proud that UZEDY is now available to support patients living with bipolar I disorder. This milestone highlights the exceptional regulatory and commercial execution of our partner, Teva.”
The data reviewed by the FDA to support UZEDY’s approval for the treatment of BD-I includes the Agency’s previous findings of safety and efficacy of past risperidone formulations approved for the treatment of BD-I as well as the efficacy, long-term safety and tolerability of UZEDY for the treatment of schizophrenia which was evaluated in two Phase 3 pivotal studies: TV46000-CNS-30072 (the RISE Study – The Risperidone Subcutaneous Extended-Release Study) and TV46000-CNS-30078 (the SHINE Study – Safety in Humans of TV-46000 sc INjection Evaluation).2
About Bipolar I Disorder
Bipolar I Disorder (BD-I) is a serious mental health condition defined by episodes of mania—periods of abnormally elevated or irritable mood with increased energy and activity—and often episodes of depression. These episodes can cause significant disruptions in thinking, behavior, and daily functioning. It is challenging to diagnose and is often accompanied by other psychiatric comorbidities. BD-I is associated with poor long-term outcomes and a substantial increase in mortality compared to the general population from both suicide and cardiovascular disease. An estimated 1% or 3,400,000+ of U.S. adults will develop BD-I in their lifetime.3
About UZEDY
UZEDY (risperidone) extended-release injectable suspension for subcutaneous use is indicated for the treatment of schizophrenia in adults and as monotherapy or as adjunctive therapy to lithium or valproate for the maintenance treatment of bipolar I disorder in adults. In clinical trials, UZEDY significantly reduced the risk of schizophrenia relapse.1,2 UZEDY administers risperidone through copolymer technology under license from Medincell that allows for rapid absorption and sustained release after subcutaneous injection. UZEDY is the only long-acting, subcutaneous formulation of risperidone available in both one- and two-month dosing intervals.1 For full prescribing information, visit https://www.uzedy.com/globalassets/uzedy/prescribing-information.pdf.
APPROVED USE
UZEDY (risperidone) extended-release injectable suspension is a prescription medicine used in adults
for the treatment of schizophreniafor the maintenance treatment of bipolar I disorder as monotherapy or as adjunctive therapy to lithium or valproate IMPORTANT SAFETY INFORMATION
What is the most important information I should know about UZEDY?
UZEDY can cause serious side effects, including an increased risk of death in elderly people who are confused, have memory loss, and have lost touch with reality (dementia-related psychosis). UZEDY is not approved for use in patients with dementia-related psychosis.
Do not receive UZEDY if you are allergic to risperidone, paliperidone, or any of its components.
UZEDY may cause serious side effects, including:
Stroke in elderly people (cerebrovascular problems) that can lead to death.Neuroleptic Malignant Syndrome (NMS). NMS is a rare but very serious problem that can lead to death. Seek medical attention right away if you have any of these symptoms: high fever, severe muscle stiffness, confusion, sweating, irregular heartbeat, fast heart rate, or changes in your blood pressure.Uncontrolled facial or body movements (tardive dyskinesia) that may not go away, even if you stop receiving UZEDY. Tardive dyskinesia may also start after you stop receiving UZEDY.Problems with your metabolism that may include high blood sugar (hyperglycemia), diabetes mellitus, changes in the fat levels in your blood (dyslipidemia), and weight gain. Extremely high blood sugar can lead to coma or death. If you have diabetes or are at risk for diabetes (e.g., obesity, family history of diabetes), your healthcare provider should check your blood sugar before you start and during treatment with UZEDY. Call your healthcare provider if you have symptoms of high blood sugar including: feeling very thirsty, hungry, sick to your stomach, weak or tired, or confused; needing to urinate more than usual; or your breath smells fruity.High levels of prolactin in your blood. UZEDY may cause a rise in the blood levels of a hormone called prolactin that may cause side effects including missed menstrual periods, decreased fertility in women, leakage of milk from the breasts, development of breasts in men, or problems with erection.Decreased blood pressure (orthostatic hypotension). You may feel lightheaded or faint when you rise too quickly from a sitting or lying position.Falls. Antipsychotic medicines like UZEDY may cause drowsiness or dizziness when you are standing, which could increase your risk for falls and related injuries.Low white blood cell count.Problems thinking clearly and moving your body. Do not drive, operate machinery, or do other dangerous activities until you know how UZEDY affects you.Seizures (convulsions).Difficulty swallowing that can cause food or liquid to get into your lungs.Prolonged or painful erection lasting more than 4 hours. Call your healthcare provider or go to your nearest emergency room right away if you have an erection that lasts more than 4 hours.Problems with control of your body temperature (too high or too low). Avoid getting overheated or dehydrated.
The most common side effects of risperidone in patients with
Schizophrenia included slow movements, stiffness, shaking, restlessness, abnormal muscle contractions or movements, drowsiness, dizziness, anxiety, blurred vision, nausea, vomiting, indigestion, diarrhea, increased saliva, constipation, dry mouth, increased appetite, weight gain, tiredness, rash, and common cold symptomsBipolar disorder were weight increased (5% in monotherapy trial) and slow movements, stiffness, shaking (≥10% in adjunctive therapy trial). Injection site reactions including a lump or itching were reported with UZEDY.
These are not all the possible side effects of UZEDY. Tell your healthcare provider if you have any side effect that bothers you or that does not go away. For more information, ask your healthcare provider or pharmacist.
Do not drink alcohol during treatment with UZEDY.
Before receiving UZEDY, tell your healthcare provider about all your medical conditions, including if you:
have had Neuroleptic Malignant Syndrome.have or have had uncontrolled movements of your tongue, face, mouth, or jaw (tardive dyskinesia).have diabetes or have a family history of diabetes.have had dizziness or fainting or are being treated for high blood pressure.have had a low white blood cell count.have or have had seizures or epilepsy.are pregnant or plan to become pregnant during treatment with UZEDY. It is not known if UZEDY will harm your unborn baby. Use of UZEDY during the third trimester of pregnancy may cause side effects in the newborn infant, including agitation, abnormal muscle tone, tremor, drowsiness, difficulty feeding, and difficulty breathing. Seek medical attention if you notice these signs. If you become pregnant during treatment with UZEDY, talk to your healthcare provider about registering with the National Pregnancy Registry for Atypical Antipsychotics, or call 1-866-961-2388 or visit http://womensmentalhealth.org/clinical-and-research-programs/pregnancyregistry/.are breastfeeding or plan to breastfeed. If you are receiving UZEDY and are breastfeeding, monitor your infant for sleepiness, inadequate weight gain, jitteriness, tremors, and abnormal muscle movements. Seek medical care if you notice these signs.have or have had kidney or liver problems.
Tell your healthcare provider about all the medicines you take or plan to take, including prescription and over-the-counter medicines, vitamins, and herbal supplements. UZEDY and other medicines may affect each other.
You are encouraged to report side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch, or call 1-800-FDA-1088.
For more information about UZEDY, see the full Prescribing Information including Boxed WARNING, or talk to your healthcare provider.
About Teva
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is a leading innovative biopharmaceutical company, enabled by a world-class generics business. For over 120 years, Teva’s commitment has never wavered. From innovating in the fields of neuroscience and immunology to providing complex generic medicines, biosimilars and pharmacy brands worldwide, Teva is dedicated to addressing patients’ needs, now and in the future. At Teva, We Are All In For Better Health. To learn more about how, visit www.tevapharm.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on management’s current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our future results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. You can identify these forward-looking statements by the use of words such as “should,” “expect,” “anticipate,” “estimate,” “target,” “may,” “project,” “guidance,” “intend,” “plan,” “believe” and other words and terms of similar meaning and expression in connection with any discussion of future operating or financial performance. Important factors that could cause or contribute to such differences include risks relating to: our ability to successfully develop and commercialize UZEDY (risperidone) extended-release injectable suspension as monotherapy or as adjunctive therapy to lithium or valproate for the maintenance treatment of bipolar I disorder (BD-I) in adults; our ability to successfully compete in the marketplace, including our ability to develop and commercialize additional pharmaceutical products; our ability to successfully execute our Pivot to Growth strategy, including to expand our innovative and biosimilar medicines pipeline and profitably commercialize the innovative medicines and biosimilar portfolio, whether organically or through business development; and other factors discussed in our Quarterly Report on Form 10-Q for the second quarter of 2025 and in our Annual Report on Form 10-K for the year ended December 31, 2024, including in the section captioned “Risk Factors” and “Forward Looking Statements.” Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.
References
UZEDY® (risperidone) extended-release injectable suspension, for subcutaneous injection Current Prescribing Information. Parsippany, NJ. Teva Neuroscience, Inc.Data on file. Parsippany, NJ: Teva Neuroscience, Inc.Merikangas KR, Akiskal HS, Angst J, et al. Lifetime and 12-Month Prevalence of Bipolar Spectrum Disorder in the National Comorbidity Survey Replication. Arch Gen Psychiatry. 2007;64(5):543–552. doi:10.1001/archpsyc.64.5.543
Teva Media Inquiries:
Medincell is a clinical- and commercial-stage biopharmaceutical licensing company developing long-acting injectable drugs in many therapeutic areas. Our innovative treatments aim to guarantee compliance with medical prescriptions, to improve the effectiveness and accessibility of medicines, and to reduce their environmental footprint. They combine active pharmaceutical ingredients with our proprietary BEPO® technology which controls the delivery of a drug at a therapeutic level for several days, weeks or months from the subcutaneous or local injection of a simple deposit of a few millimeters, entirely bioresorbable. The first treatment based on BEPO® technology, intended for the treatment of schizophrenia, was approved by the FDA in April 2023, and is now distributed in the United States by Teva under the name UZEDY® (BEPO® technology is licensed to Teva under the name SteadyTeq™). We collaborate with leading pharmaceutical companies and foundations to improve global health through new treatment options. Based in Montpellier, Medincell currently employs more than 140 people representing more than 25 different nationalities.
LOS ANGELES, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming November 7, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Fly-E Group, Inc. (“Fly-E” or the “Company”) (NASDAQ: FLYE) securities between July 15, 2025 and August 14, 2025, inclusive (the “Class Period”).
IF YOU SUFFERED A LOSS ON YOUR FLY-E INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.
What Happened?
On August 14, 2025, Fly-E disclosed that it was unable to timely file its Form 10-Q for the first quarter of fiscal year 2026, revealing a 32% year-over-year decline in net revenues, primarily driven by decreased unit sales following multiple lithium-battery accidents involving its E-Bikes and E-Scooters. The Company further warned that these incidents, along with retail store closures, would continue to weigh on future revenue.
On this news, Fly-E’s stock price fell $6.76, or 87.1%, to close at $1.00 per share on August 15, 2025, thereby injuring investors.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Defendants continually praised Fly-E’s brand reputation in the industry, cost reductions and favorable pricing from suppliers as a key component for Fly-E’s ability to grow its sales network, while simultaneously minimizing risks associated with its lithium battery, supply chain changes and the regulatory environment and possible demand fluctuations for its E-Bikes and E-Scooters; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired Fly-E securities during the Class Period, you may move the Court no later than November 7, 2025 to request appointment as lead plaintiff in this putative class action lawsuit.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
2025-10-10 18:066mo ago
2025-10-10 13:436mo ago
Trade Tracker: Kevin Simpson buys Coupang and sells Roblox
LOS ANGELES, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming October 21, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Nutex Health Inc. (“Nutex” or the “Company”) (NASDAQ: NUTX) securities between August 8, 2024 and August 14, 2025, inclusive (the “Class Period”).
IF YOU SUFFERED A LOSS ON YOUR NUTEX INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.
What Happened?
Nutex’s share price has “surged” after it “began submitting the majority of its patient bills to the arbitration process for settling out-of-network medical bills . . . using an unidentified ‘third party IDR vendor.’” The report further states that the “mystery consultant” is HaloMD, which, according to multiple lawsuits, has “engag[ed] in a coordinated fraudulent scheme to steal millions of dollars from insurance companies on behalf of and in conjunction with its healthcare billing clients.”
On this news, Nutex’s stock price fell $11.18, or 10.1%, to close at $100.01 per share on July 22, 2025, thereby injuring investors.
Then, on August 14, 2025, Nutex announced it would delay filing its quarterly financial statements for the period ending June 30, 2025, due to “non-cash accounting adjustments related to the treatment of stock based compensation obligations for certain under-construction and ramping hospitals, as disclosed in previous filings.”
On this news shares fell $18.22, or 16.4%, to close at $92.91 on August 15, 2025, thereby injuring investors further.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) HaloMD was achieving lucrative arbitration results for Nutex by engaging in a coordinated scheme to defraud insurance companies; (2) as a result, to the extent that they were the product of fraudulent conduct, revenues attributable to the Company’s engagement with HaloMD in the IDR process were unsustainable; (3) in addition, the Company overstated the extent to which it had remediated, and/or its ability to remediate, the material weaknesses in its internal controls over financial reporting; (4) as a result, the Company was unable to effectively account for the treatment of certain of its stock based compensation obligations; (5) as a result, Nutex improperly calculated these stock based compensation obligations as equity rather than liabilities; (6) the foregoing increased the risk that the Company would be unable to timely file certain financial reports with the SEC; (7) accordingly, Nutex’s business and/or financial prospects were overstated; and (8) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired Nutex securities during the Class Period, you may move the Court no later than October 21, 2025 to request appointment as lead plaintiff in this putative class action lawsuit.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
2025-10-10 18:066mo ago
2025-10-10 13:466mo ago
3 Reasons Why Growth Investors Shouldn't Overlook ANI (ANIP)
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.
That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.
ANI Pharmaceuticals (ANIP - Free Report) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
While there are numerous reasons why the stock of this drugmaker is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for ANI is 16.2%, investors should actually focus on the projected growth. The company's EPS is expected to grow 40.2% this year, crushing the industry average, which calls for EPS growth of 18.3%.
Cash Flow GrowthCash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds.
Right now, year-over-year cash flow growth for ANI is 22.1%, which is higher than many of its peers. In fact, the rate compares to the industry average of -5%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 10.4% over the past 3-5 years versus the industry average of 3.1%.
Promising Earnings Estimate RevisionsBeyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for ANI. The Zacks Consensus Estimate for the current year has surged 0.6% over the past month.
Bottom LineANI has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that ANI is a potential outperformer and a solid choice for growth investors.
2025-10-10 18:066mo ago
2025-10-10 13:466mo ago
Is Fortuna (FSM) a Solid Growth Stock? 3 Reasons to Think "Yes"
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.
That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Our proprietary system currently recommends Fortuna Mining (FSM - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
Here are three of the most important factors that make the stock of this silver and gold miner a great growth pick right now.
Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Fortuna is 14.1%, investors should actually focus on the projected growth. The company's EPS is expected to grow 71.7% this year, crushing the industry average, which calls for EPS growth of 40.8%.
Cash Flow GrowthCash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds.
Right now, year-over-year cash flow growth for Fortuna is 31.4%, which is higher than many of its peers. In fact, the rate compares to the industry average of -0.9%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 38% over the past 3-5 years versus the industry average of 5.9%.
Promising Earnings Estimate RevisionsBeyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The current-year earnings estimates for Fortuna have been revising upward. The Zacks Consensus Estimate for the current year has surged 14.5% over the past month.
Bottom LineWhile the overall earnings estimate revisions have made Fortuna a Zacks Rank #2 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Fortuna is a potential outperformer and a solid choice for growth investors.
Driven by groundbreaking innovation and growing investor interest, the space economy is taking off. The S&P Kensho Space Index’s outperformance compared with the S&P 500 underscores rising confidence and a bullish market mood.
The space index has added 68.94% over the past year and 47.79% year to date, significantly outpacing the broad market index, which has gained 16.28% and 14.51% over the same period, respectively.
Investors Reaching for the Stars as Space Funding SoarsAccording to a recent report by Seraphim Space, as quoted on Reuters, in the third quarter, global space investment soared to a record $3.5 billion, fueled by a broader base of startups and sustained defense spending.
Funding across segments, from rocket manufacturers to low-Earth-orbit satellites, nearly doubled from $1.79 billion a year ago, positioning space as tech’s next big frontier after AI. As per the report, government initiatives to strengthen domestic space and defense industries in the United States, China and Europe are increasingly driving funding, with analysts anticipating this momentum to continue well into the next year.
Per Seraphim Space’s investment associate, Lucas Bishop, a growing variety of investable space companies are entering the market, highlighting the space sector’s transition into a mature and well-rounded market, as quoted on the abovementioned Reuters article.
Exploring the CosmosSpace tourism is being driven by growing interest from adventure seekers, strong enthusiasm among high-net-worth individuals, and increased R&D investment from both government and private sectors.
According to Grand View Research, the global space tourism market is projected to reach $10.09 billion by 2030, expanding at a CAGR of 44.8% from 2024 to 2030.
How Space Tech Fuels Climate and Defense FrontiersSpace technology is taking on a pivotal role in climate control. With global investments increasingly prioritizing climate control, advancements in the broader space economy hold further promise.
Already integral to disaster warning and management, space technology's role is expected to expand significantly with improved climate disaster monitoring, resilient communication network access and optimized tracking through satellite positioning data.
Additionally, space is becoming integral to defense operations. With modern warfare evolving and drone technology advancing, nations are increasingly investing in space-based systems to strengthen their military capabilities.
The Golden Dome missile defense concept of the United States highlights this fact. Also, at the Space Defense and Security Summit, according to DefenseNews, several NATO members emphasized that space is now a warfighting domain, demanding faster response and updated defense strategies.
ETFs to ExploreWith growing interest in interstellar exploration and growing capital infusion in the space sector, increasing exposure to funds covering the space economy can be beneficial. Additionally, the shift in warfare technology, resulting in the militarization of space —a trend already gaining momentum —could also increase investments in the space economy.
Although space ETFs carry higher volatility, they offer distinct long-term growth potential. Below, we highlight a few funds that investors can consider to gain increased exposure to the space economy.
Investors can consider ARK Space Exploration & Innovation ETF (ARKX - Free Report) , Spear Alpha ETF (SPRX - Free Report) , Procure Space ETF (UFO - Free Report) and SPDR S&P Kensho Final Frontiers ETF (ROKT - Free Report) .
With a one-month average trading volume of 289,900 shares, ARKX is the most liquid option, ideal for active trading strategies. However, to fully benefit from the sector’s growth trajectory, a long-term investment approach is recommended.
ARKX has also gathered an asset base of $528 billion, the largest among the other options. Regarding annual fees, ROKT is the cheapest option, charging 0.45%, which makes it more suitable for long-term investing.
2025-10-10 18:066mo ago
2025-10-10 13:466mo ago
Oil-Dri Corporation of America (ODC) Q4 2025 Earnings Call Transcript
Oil-Dri Corporation of America (NYSE:ODC) Q4 2025 Earnings Call October 10, 2025 11:00 AM EDT
Company Participants
Daniel Jaffee - Chairman, CEO & President
Leslie Garber - Director of Investor Relations
Susan Kreh - CFO & Chief Information Officer
Mervyn de Souza
Bruce Patsey
Wade Robey - VP of Agriculture, Oil-Dri Corporation & President of Amlan International
Laura Scheland
Presentation
Operator
Good day, and thank you for standing by. Welcome to the Oil-Dri Corporation of America Fourth Quarter Fiscal 2025 discussion via webcast. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Dan Jaffee, President and CEO of Oil-Dri. Please go ahead.
Daniel Jaffee
Chairman, CEO & President
Thank you, and welcome, everyone, to our fourth quarter fiscal '25 teleconference. Joining me in various locations through the miracles of Modern Science are Susan Kreh, our CFO and CIO; Aaron Christiansen, VP of Operations; Chris Lamson with his new title and new responsibilities as Group Vice President of Business-to-Business and Strategic Growth Initiatives; Wade Robey, Vice President of Ag and President of Amlan International; Laura Scheland, VP and General Manager of the Consumer Products Division; Bruce Patsey, VP of Fluids Purification; Mervyn de Souza, VP of R&D; Tony Parker, VP of General Counsel -- and General Counsel and Secretary; and then, of course, Leslie Garber, our Director of Investor Relations, and Leslie, please walk us through the safe harbor provisions.
Leslie Garber
Director of Investor Relations
Thank you, Dan, and welcome, everyone. On today's call, comments may contain forward-looking statements regarding the company's performance in future periods. Actual results in those periods may materially differ. In our press release and in our SEC filings, we highlight a number of important risk factors, trends and uncertainties that may affect our future performance. We ask that you review and consider those factors in evaluating the
Recommended For You
2025-10-10 18:066mo ago
2025-10-10 13:496mo ago
International Prospect Ventures Engages Adelaide Capital for Investor Relations Services
October 10, 2025 1:49 PM EDT | Source: International Prospect Ventures Ltd.
Val-d'Or, Québec--(Newsfile Corp. - October 10, 2025) - International Prospect Ventures Ltd. (TSXV: IZZ) (the "Company" or "International Prospect") announces effective October 10, 2025, it has engaged Adelaide Capital ("Adelaide"), a leading investor relations and capital markets advisory firm, to provide investor relations and consulting services to the Company.
Adelaide is a full-service investor relations firm that brings a unique and powerful perspective and a re-engineered investor relations business model. Adelaide will work closely with International Prospect to develop and deploy a comprehensive capital markets program, which includes assisting with non-deal roadshows, virtual campaigns, social media, conferences and assisting with investor communication. In exchange for Adelaide's services, and pursuant to an investor relations consulting agreement (the "IRA"), the Company has agreed to pay a monthly fee of up to C$3,000 per month for a 12-month term in addition to the grant of 100,000 stock options (the "Options") to Adelaide under the Company's stock option incentive plan (the "Plan"). Subject to the policies of the TSX Venture Exchange (the "Exchange") and the terms and conditions of the Plan, the Options will have an exercise price of C$0.06 and shall expire five years from the date of issuance and shall vest in four equal proportions every three months after the grant date for a period of 12 months. The IRA is subject to approval by the Exchange. Adelaide is principally owned by Deborah Honig and is an arm's length company based in Toronto, Ontario. Adelaide is a full-service investor relations and social media firm that specializes in small-cap growth companies. As of the date hereof, Adelaide does not have any interest, directly or indirectly, in the Company or its securities.
About International Prospect Ventures Ltd.
International Prospect Ventures is a junior mineral exploration company that holds interests in mining claims and tenements (and is continuing to acquire additional interests) located primarily in the Pilbara Craton, Western Australia, within an area Southeast of Karratha, where early-stage gold discoveries have been reported.
The Company also has a 100% interest in the Porcupine Miracle Gold Prospect, consisting of 4 mineral claims located in Langmuir Township, Ontario.
International Prospect Ventures continues to evaluate additional opportunities on an ongoing basis.
Forward-Looking Statements:
This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270018
2025-10-10 18:066mo ago
2025-10-10 13:496mo ago
Val-d'Or Mining Announces Investor Relations Partnership with Adelaide Capital
October 10, 2025 1:49 PM EDT | Source: Val-d'Or Mining Corporation
Val-d'Or, Québec--(Newsfile Corp. - October 10, 2025) - Val-d'Or Mining Corporation (TSXV: VZZ) ("Val-d'Or Mining" or the "Company") announces that effective October 10, 2025, it has partnered with Adelaide Capital ("Adelaide"), a leading investor relations and capital markets advisory firm, to provide investor relations and consulting services to the Company.
Adelaide is a full-service investor relations firm that brings a unique and powerful perspective and a re-engineered investor relations business model. Adelaide will work closely with Val-d'Or Mining to develop and deploy a comprehensive capital markets program, which includes assisting with non-deal roadshows, virtual campaigns, social media, conferences and assisting with investor communication. In exchange for Adelaide's services, and pursuant to an investor relations consulting agreement (the "IRA"), the Company has agreed to pay a monthly fee of up to C$3,000 per month for a 12-month term in addition to the grant of 100,000 stock options (the "Options") to Adelaide under the Company's omnibus incentive plan (the "Plan"). Subject to the policies of the TSX Venture Exchange (the "Exchange") and the terms and conditions of the Plan, the Options will have an exercise price of C$0.0850 and shall expire five years from the date of issuance and shall vest in four equal proportions every three months after the grant date for a period of 12 months. The IRA is subject to approval by the Exchange. Adelaide is a full-service investor relations and social media firm that specializes in small-cap growth companies.
Adelaide is principally owned by Deborah Honig, who is also a director of the Company. Ms. Honig holds 544,250 shares, and 960,000 options and 200,000 warrants, to acquire shares of the Company. Further, Ms. Honig has confirmed that she will manage her conflict as a director of the Company in accordance with applicable corporate and securities legislation
About Val-d'Or Mining Corporation
Val-d'Or Mining Corporation is a junior natural resource issuer involved in the process of acquiring and exploring its diverse mineral property assets, most of which are situated in the Abitibi Greenstone Belt of NE Ontario and NW Québec. To complement its current property interests, the Company regularly evaluates new opportunities for staking and/or acquisitions. Outside of its principal regional focus in the Abitibi Greenstone Belt, the Company holds several other properties in Northern Québec (Nunavik) covering different geological environments and commodities (Ni-Cu-PGE's).
The Company has expertise in the identification and generation of new projects, and in early-stage exploration. The mineral commodities of interest are broad, and range from gold, copper-zinc-silver, nickel-copper-PGE to industrial and energy minerals. After the initial value creation in the 100%-owned, or majority-owned properties, the Company seeks option/joint venture partners with technical expertise and financial capacity to conduct more advanced exploration projects.
Forward Looking Statements:
This news release contains certain statements that may be deemed "forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270019
2025-10-10 18:066mo ago
2025-10-10 13:496mo ago
Deadline Soon: Charter Communications, Inc. (CHTR) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming October 14, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Charter Communications, Inc. (“Charter” or the “Company”) (NASDAQ: CHTR) common stock between July 26, 2024 and July 24, 2025, inclusive (the “Class Period”).
IF YOU ARE AN INVESTOR WHO LOST MONEY ON CHARTER COMMUNICATIONS, INC. (CHTR), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT.
What Happened?
On July 25, 2025, Charter released its second quarter 2025 financial results, reporting that total internet customers had declined by 117,000, compared to about 100,000 in the second quarter of 2024, when adjusted to remove the prior year’s impact of Affordable Connectivity Program ("ACP") related disconnected. The Company’s total video customers also decreased by 80,000.
On this news, Charter’s stock price fell $70.25, or 18.5%, to close at $309.75 per share on July 25, 2025, thereby injuring investors.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the impact of the ACP end was a material event the Company was unable to manage or promptly move beyond; (2) the ACP end was actually having a sustaining impact on Internet customer declines and revenue; (3) neither was the Company executing broader operations in a way that would compensate for, or overcome the impact, of the ACP ending; (4) the Internet customer declines and broader failure of Charter’s execution strategy created much greater risks on business plans and earnings growth than reported; (5) accordingly, the Company had no reasonable basis to state the Company was successfully executing operations, managing causes of Internet customer declines, or provide overly optimistic statements about the long term trajectory of the Company and EBITDA growth; and (6) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired Charter common stock between July 26, 2024 and July 24, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is October 14, 2025.
Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us:
Follow us for updates on Twitter: twitter.com/FRC_LAW
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
More News From The Law Offices of Frank R. Cruz
2025-10-10 18:066mo ago
2025-10-10 13:506mo ago
PUBMATIC ALERT: Bragar Eagel & Squire, P.C. Reminds Investors of the October 20th Deadline in the Filed PubMatic, Inc. Class Action Lawsuit
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In PubMatic (PUBM) To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in PubMatic between February 27, 2025 and August 11, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, Oct. 10, 2025 (GLOBE NEWSWIRE) --
What’s Happening:
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against PubMatic, Inc. (“PubMatic” or the “Company”) (NASDAQ:PUBM) in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired PubMatic securities between February 27, 2025 and August 11, 2025, both dates inclusive (the “Class Period”).Investors have until October 20, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details:
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that a top DSP buyer was shifting a significant number of clients to a new platform which evaluated inventory differently; (2) that, as a result, PubMatic was seeing a reduction in ad spend and revenue from this top DSP buyer; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.On August 11, 2025, after the market closed, PubMatic released its second quarter 2025 financial report. In its report, PubMatic’s Chief Financial Officer, Steven Pantelick, revealed that the Company’s outlook reflects “a reduction in ad spend from one of [its] top DSP partners.” The Company’s Chief Executive Officer, Rajeev Goel, further revealed that a “top DSP buyer” had “shifted a significant number of clients to a new platform that evaluates inventory differently” causing significant headwinds. Goel stated, in response to the inventory valuation change, the Company would “need to do a better job . . . to prioritize across all the hundreds of billions of daily ad impressions that we have, which subset of those impressions that we send to this DSP.”
On this news, PubMatic’s stock price fell $2.23, or 21.1%, to close at $8.34 per share on August 12, 2025, on unusually heavy trading volume. Next Steps:
If you purchased or otherwise acquired PubMatic shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648 [email protected]
www.bespc.com
2025-10-10 18:066mo ago
2025-10-10 13:506mo ago
APi Group Recommends Shareholders Reject “Mini-Tender” Offer
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation of Ontario, Canada to purchase up to 3 million shares of APi common stock at an offer price of $33.40 per share. APi is not associated in any way with TRC Capital Investment or its mini-tender offer, does not endorse this unsolicited mini-tender offer, and recommends that shareholders reject the offer becau.
2025-10-10 18:066mo ago
2025-10-10 13:506mo ago
Why Levi Strauss Stock is Tumbling Friday Despite Solid Earnings
Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of the most notable news stories of the time.
Published October 10, 2025
12:49 PM EDT
Levi Strauss & Co. offered future guidance that offset strong third-quarter results.
Scott Olson / Getty Images
Key Takeaways
Levi Strauss warned that tariffs will negatively affect its results in the fourth quarter.The jeans maker said fourth-quarter gross margin would fall and issued a projection for adjusted earnings per share that came in below Wall Street forecasts.The outlook offset solid third-quarter results on the top and bottom lines.
Levi Strauss (LEVI) shares dropped as the jeans maker gave a muted current-quarter outlook because of the impact of tariffs.
CFO Harmit Singh told analysts on the company’s third-quarter earnings call that management expects a 100 basis point drop in fourth-quarter gross margin because of the new duties and the effect of a 53rd week in the year, according to a transcript provided by AlphaSense. In addition, the firm sees adjusted earnings per share (EPS) of $0.36 to $0.38, while analysts surveyed by Visible Alpha were anticipating $0.41.
The guidance offset a strong third-quarter financial report. Levi Strauss posted adjusted EPS of $0.34, with revenue increasing 7% to $1.54 billion. Both exceeded estimates.
Why This Matters to You
Higher tariffs could translate into more expensive Levi’s jeans and other apparel as the company faces margin pressure. While sales remain strong globally, shoppers may notice prices holding steady or rising slightly as Levi manages higher costs.
Sales were up 6% to $806 million in the Americas, 5% to $426 million in Europe, and 12% to $278 million in Asia. Beyond Yoga sales added 2% to $33 million.
The company also boosted its full-year forecasts for adjusted EPS to a range of $1.27 to $1.32 from $1.25 to $1.30, and revenue growth to 3% from 1% to 2%.
Shares of Levi Strauss were down 12% in recent trading but have added 25% year-to-date.
Do you have a news tip for Investopedia reporters? Please email us at
[email protected]
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our
editorial policy.
Partner Links
2025-10-10 18:066mo ago
2025-10-10 13:506mo ago
Top Stock Movers Now: AMD, Arm, Levi Strauss, and More
Key Takeaways
The major U.S. equities indexes dropped Friday afternoon, wiping out early gains after President Trump threatened "massive" tariffs against China. Advanced Micro Devices and other chip stocks were among the S&P 500's biggest decliners following the news. PepsiCo shares added to yesterday's gains after the soft drink and snacks maker posted better-than-expected results.
The major U.S. equities indexes dropped sharply Friday afternoon, wiping out early gains after President Trump threatened "massive" tariffs on Chinese goods in response to China’s move to tighten rare earths export curbs. The Dow, S&P 500, and Nasdaq all lost over 1%.
China is a leading producer for rare earths that are critical components in a wide range of high-tech products from cars to semiconductors, and chip stocks including Advanced Micro Devices (AMD) and Arm (ARM) were among the S&P 500 and Nasdaq's biggest decliners. Shares of AI favorite Nvidia (NVDA) also turned lower after climbing to a fresh intraday record, with the PHLX Semiconductor Index (SOX) down 4%.
Adding to Qualcomm's (QCOM) woes was a report that Chinese regulators are investigating the chipmaker’s purchase of Israel-based car safety semiconductor manufacturer Autotalks over possible antitrust violations.
Mosaic (MOS) was the worst-performing stock in the S&P 500 after the fertilizer maker reported problems at two of its plants significantly held back production. Shares of Levi Strauss (LEVI) also dropped after the jeans maker said tariffs would negatively impact current-quarter results.
PepsiCo (PEP) shares added to yesterday's gains after the soft drink and snacks maker posted better-than-expected results on higher international demand and strong sales of its healthier drinks in the U.S.
Shares of Applied Digital (APLD) took off as the AI data center firm also beat earnings and revenue forecasts on higher demand for its services, which included a new data center lease agreement with AI computing firm CoreWeave (CRWD).
Gold prices rose, and oil futures sank. The yield on the 10-year Treasury note slid. The U.S. dollar lost ground to the euro, pound, and yen. Most major cryptocurrencies lost ground.
Do you have a news tip for Investopedia reporters? Please email us at
[email protected]
2025-10-10 18:066mo ago
2025-10-10 13:516mo ago
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of aTyr Pharma
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In aTyr To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in aTyr between January 16, 2025 and September 12, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
NEW YORK, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against aTyr Pharma, Inc. (“aTyr” or the “Company”) (NASDAQ: ATYR) and reminds investors of the December 9, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating false and misleading statements and/or concealing material adverse facts concerning the efficacy of Efzofitimod, particularly, the drug’s capability to allow a patient to completely taper their steroid usage. This caused Plaintiff and other shareholders to purchase aTyr’s securities at artificially inflated prices.
In the EFZO-FIT study, efzofitimod failed to show any change in mean daily oral corticosteroid (OCS) dose at week 48, with the OCS dose reducing by an average of 2.79mg for 5.0 mg/kg efzofitimod compared to 3.52 mg for placebo. Complete steroid withdrawal was achieved for 52.6% of patients treated with 5.0 mg/kg efzofitimod versus 40.2% on placebo.
After aTyr Pharma released the results, its stock dropped by 83.25%, from a September 12th market close of $6.03 to a September 15th market close of $1.01.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding aTyr’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the aTyr Pharma class action, go to www.faruqilaw.com/ATYR or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3c2fd875-dd10-4462-9e60-650c242831c4
2025-10-10 18:066mo ago
2025-10-10 13:516mo ago
Law Offices of Howard G. Smith Encourages Marex Group PLC (MRX) Shareholders To Inquire About Securities Fraud Class Action
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Marex Group plc (“Marex” or the “Company”) (NASDAQ: MRX) securities between May 16, 2024 and August 5, 2025, inclusive (the “Class Period”). Marex investors have until December 8, 2025 to file a lead plaintiff motion.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN MAREX GROUP PLC (MRX), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On August 5, 2025, NINGI Research published a report alleging, among other things, that Marex “has engaged in a multi-year accounting scheme involving a web of opaque off-balance-sheet entities, fictitious intercompany transactions, and misleading disclosures to conceal significant losses, inflate profits, and mask its true risk exposure.” The report alleged, among other things, that the Company has “numerous multi-million-dollar discrepancies in intercompany receivables and loans across Marex’s sprawling network of 56+ entities.” The report identified examples, including “a $17 million receivable created out of thin air, a subsidiary whose reported profit was inflated by 150% in group filings before being liquidated, and an asset valued at $14.9 million that was sold to Robinhood for just $2.5 million weeks later, with no reported loss.” The report further alleged the Company concealed nearly $1 billion in off-balance-sheet derivatives exposure through a Luxembourg fund it both controls and trades with, and that it is using the fund to generate non-cash trading profits and inflate operating cash flow by misclassifying structured note issuance as income.
On this news, Marex’s stock price fell $2.33, or 6.2%, to close at $35.31 per share on August 5, 2025, on unusually heavy trading volume.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company sold over-the-counter financial instruments to itself; (2) Marex had inconsistencies in its financial statements between its subsidiaries and related parties, including as to intercompany receivables and loans; (3) as a result of the foregoing, Marex’s financial statements could not be relied upon; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Contact Us To Participate or Learn More:
If you purchased Marex securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Key Takeaways HRTG's loss and LAE ratio fell 1200 bps to 44.2% in H1 2025, boosting underwriting margins.Disciplined underwriting and rate adequacy fueled improved profitability and exposure management.Investments in Guidewire Cloud, predictive modeling, and analytics enhance claims efficiency.
For Heritage Insurance Holdings (HRTG - Free Report) , prudently managing losses and loss adjustment expenses (“LAE”) is central to underwriting profitability and long-term value creation. Losses and LAE are the most critical drivers of underwriting performance, as they constitute both claim payments and settlement costs. A lower loss ratio translates into stronger underwriting margins, higher returns on equity and greater capacity for sustainable growth.
Though losses and loss adjustment expenses incurred increased 4.9% in 2024, the same decreased 15.8% in the first half of 2025. Net loss and LAE ratio of 44.2% for the first half of 2025 improved 1200 basis points year over year. This was largely driven by higher net premiums earned reflecting disciplined underwriting, rate adequacy and effective exposure management.
Heritage Insurance is sharpening its focus on profitability through rate adequacy, profit-oriented underwriting standards and a cautious approach to new business in saturated or underperforming markets. It stays focused on selectively re-entering profitable markets while allocating capital in a disciplined way to safeguard margins. The company is committed to maintaining rate adequacy, using advanced data analytics to manage exposures effectively, and leveraging its operational platform to support sustainable expansion.
Heritage is investing strategically in technology, especially in InsurTech. Initiatives such as Guidewire Cloud adoption, its partnership with Slide, advanced predictive modeling, cloud-based solutions and pricing analytics are enhancing underwriting expertise, strengthening competitive positioning and improving claims handling efficiency.
Continued focus on managing losses will hence drive earnings consistency, capital flexibility, book value growth and valuation multiple.
What About HRTG’s Competitors?Losses and loss adjustment expenses are vital to Kinsale Capital (KNSL - Free Report) and Kingstone Companies’ (KINS - Free Report) profitability. By effectively managing losses, Kinsale and Kingstone safeguard earnings stability, enhance return on equity and reinforce investor confidence in long-term profitability and growth potential.
Kinsale’s consistent premium growth, healthy broker submissions, solid renewal activity, favorable pricing trends and a growing product mix and disciplined underwriting have been supporting loss ratio improvement.
Kingstone’s continued focus on strengthening its core operations, exiting underperforming and non-core segments, and maintaining reinsurance cover has been instrumental in driving loss ratio improvement.
HRTG’s Price PerformanceShares of HRTG have gained 111.9% year to date, outperforming the industry.
Image Source: Zacks Investment Research
HRTG’s Expensive ValuationHRTG trades at a price-to-book value ratio of 2.08, above the industry average of 1.57. But it carries a Value Score of A.
Image Source: Zacks Investment Research
Estimate Movement for HRTGThe Zacks Consensus Estimate for HRTG’s third-quarter and fourth-quarter 2025 EPS witnessed no movement in the past 30 days. The same holds true for full-year 2025 and 2026 estimates.
Image Source: Zacks Investment Research
2025-10-10 18:066mo ago
2025-10-10 13:546mo ago
NYC Jewelers Are Rushing to Cash In on Gold's Rally
Gold surged past $4,000 an ounce this week and Manhattan's Diamond District took notice. Veena Ali-Khan explains -------- More on Bloomberg Television and Markets Like this video?
2025-10-10 18:066mo ago
2025-10-10 13:566mo ago
Is Ouster Well-Poised to Capture the $19B Smart Infrastructure Market?
Key Takeaways Ouster targets a $19B smart infrastructure LiDAR market spanning transport, security and analytics.The firm's BlueCity platform integrates sensors and software, expanding its reach across 39 U.S. states.A Fortune 500 deal turns a pilot into a multimillion-dollar global rollout of OSDome sensors.
Ouster Inc. (OUST - Free Report) has identified a $19 billion opportunity in the smart infrastructure LiDAR market across segments such as intelligent transportation systems, perimeter security and crowd analytics. Its customers include federal, state and local governments, as well as private commercial businesses that are engaged in monitoring and analyzing human and vehicle movements for the purpose of providing building security and improving roadway safety and efficiency.
With shifts toward enhanced safety and autonomy, LiDAR is becoming a critical technology. Ouster is well-positioned to benefit from this. Its expansion into software solutions further strengthens its position in the smart infrastructure sector. The BlueCity platform, a Gemini-powered solution that combines lidar sensors with advanced perception software, offers a comprehensive package for infrastructure monitoring and management. On its last earnings call, Ouster mentioned having signed three exclusive partnerships to bring BlueCity to major markets such as Texas, Michigan, New York and Pennsylvania. The BlueCity partnership network now spans 39 states.
Ouster stated that it has converted a pilot program with a Fortune 500 technology company into a multimillion-dollar global deployment. Ouster will install OSDome sensors in its retail locations across the globe to provide powerful analytics while ensuring personal privacy. Spanning over 500 locations in more than 24 countries, management sees tremendous potential for future growth.
Ouster's advanced lidar technology, coupled with its strategic software, will play a pivotal role in the evolution of smart infrastructure and is poised to tap opportunities in this rapidly growing market with significant long-term potential.
What About OUST’s Competitors?Aeva Technologies (AEVA - Free Report) has direct exposure to smart technology. It has launched a 4D LiDAR product — Atlas Orion — targeting smart infrastructure, traffic management and security applications. Aeva has strengthened its position in intelligent transportation and next-generation urban infrastructure solutions.
Luminar Technologies (LAZR - Free Report) primarily focuses on automotive safety, autonomous driving, ADAS, and vehicle perception software, with limited direct exposure to smart technology. Gradually, Luminar is expanding into smart mobility, using AI and data platforms to support intelligent urban infrastructure and contribute to the development of smarter transportation ecosystems.
OUST’s Price PerformanceShares of OUST have gained 148.5% year to date, outperforming the industry.
Image Source: Zacks Investment Research
OUST’s Expensive ValuationOUST is currently expensive. It is trading at a price-to-sales multiple of 9.21, higher than the industry average of 2.07. OUST has a Value Score of F.
Image Source: Zacks Investment Research
Estimates for OUST Witness Northward MovementThe Zacks Consensus Estimate for OUST’s third-quarter and fourth-quarter 2025 EPS did not witness any movement over the past 60 days. The same for full-year 2025 and 2026 has moved north in the same period.
Image Source: Zacks Investment Research
2025-10-10 18:066mo ago
2025-10-10 13:566mo ago
Here's Why Investors Should Avoid Alaska Air Group Stock for Now
Key Takeaways
ALK's Q2 2025 operating expenses surged 33% year over year, driven by labor and maintenance costs.
The company's current ratio dropped to 0.52 in Q2 2025, signaling deteriorating liquidity strength.
Broker sentiment has weakened, with ALK's September quarter earnings estimate cut by 17.8% in 60 days.
Alaska Air Group (ALK - Free Report) is facing significant challenges from surging operating expenses and a deteriorating liquidity position, which are affecting the company’s bottom line and making it an unattractive choice for investors’ portfolios.
Let’s delve deeper.
ALK: Key Risks to WatchSouthward Earnings Estimate Revision: The Zacks Consensus Estimate for the September quarter earnings has been revised 17.8% downward in the past 60 days. Meanwhile, for 2025, the consensus mark for earnings has been revised 10.7% downward in the same time frame.
The unfavorable estimate revision indicates brokers’ lack of confidence in the stock.
Dim Price Performance: The company’s price trend reveals that its shares have plunged 24.1% in the year-to-date period against the Transportation - Airline industry’s 5.5% rise.
Image Source: Zacks Investment Research
Weak Zacks Rank: ALK currently has a Zacks Rank #4 (Sell).
Bearish Industry Rank: The industry to which ALK belongs currently has a Zacks Industry Rank of 177 (out of 243). Such an unfavorable rank places it in the bottom 27% of Zacks Industries. Studies show that 50% of a stock price movement is directly related to the performance of the industry group it belongs to.
A mediocre stock within a strong group is likely to outperform a robust stock in a weak industry. Reckoning the industry’s performance becomes imperative.
Headwinds: Alaska Air Group is facing mounting pressure on its bottom line as rising expenses continue to strain its financial stability. In the second quarter of 2025, total operating expenses surged 33% year over year, driven primarily by escalating labor and maintenance costs.
Labor costs, which include salaries and benefits, accounted for 34% of total expenses and climbed 49% from the prior year, while maintenance expenses jumped 86% year over year. These rising costs are weighing heavily on the company’s profitability and overall financial health.
Adding to the concern, Alaska Air Group’s liquidity position has weakened over time. The company’s current ratio declined from 0.98 in 2021 to 0.61 in 2024, and further fell to 0.52 in the second quarter of 2025, raising questions about its ability to meet short-term obligations.
Stocks to ConsiderInvestors interested in the Zacks Transportation sector may consider Global Ship Lease (GSL - Free Report) and Wabtec (WAB - Free Report) .
GSL currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
GSL has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 13.16%.
A look at the company’s price trend reveals that its shares have surged 29.9% in the year-to-date period, surpassing the Zacks Transportation - Shipping industry’s 0.4% growth.
WAB currently carries a Zacks Rank #2.
Wabtec has an expected earnings growth rate of 17.59% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in three of the trailing four quarters, and missed in the remaining, delivering an average beat of 5.41%.
A look at the company’s price trend reveals that its shares have risen 4.1% in a year against the Zacks Transportation - Equipment and Leasing industry’s 18.1% fall.
2025-10-10 18:066mo ago
2025-10-10 13:576mo ago
UNICYCIVE REMINDER: Bragar Eagel & Squire, P.C. Urges Investor to Contact the Firm Before the October 14th Deadline
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Unicycive (UNCY) To Contact Him Directly To Discuss Their Options Before the October 14th Deadline.
If you purchased or acquired stock in Unicycive between March 29, 2024 and June 27, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, Oct. 10, 2025 (GLOBE NEWSWIRE) --
What’s Happening:
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Unicycive Therapeutics, Inc. (“Unicycive” or the “Company”) (NASDAQ:UNCY) in the United States District Court for the Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Unicycive securities between March 29, 2024 and June 27, 2025, both dates inclusive (the “Class Period”).Investors have until October 14, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details:
According to the complaint, defendants touted the prospects of its New Drug Application ("NDA") for oxylanthanum carbonate ("OLC") for the treatment of hyperphosphatemia in chronic kidney disease patients on dialysis and assured investors of the Company's readiness and ability to satisfy the U.S. Drug and Food Administration's ("FDA") manufacturing compliance requirements. The complaint further alleges, however, that defendants failed to disclose that Unicycive's readiness and ability to satisfy the FDA's manufacturing compliance requirements was overstated.On June 10, 2025, Unicycive announced that the FDA "had identified deficiencies in cGMP [current good manufacturing practice] compliance at a third-party manufacturing vendor"—specifically, a third-party subcontractor of Unicycive's contract development and manufacturing organization ("CDMO")—"following an FDA inspection" and that, "given the identified deficiencies, any label discussions between the FDA and the Company are precluded." On this news, the price of Unicycive's stock fell over 40%. Then, on June 30, 2025, Unicycive announced that the FDA had issued a Complete Response Letter for the OCL NDA, citing the previously identified cGMP deficiencies at the third-party subcontractor of its CDMO. On this news, Unicycive's stock fell almost 30%, to close at $4.77 per share on June 30, 2025.
Next Steps:
If you purchased or otherwise acquired Unicycive shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.
October 10, 2025 2:00 PM EDT | Source: Akanda Corp
Toronto, Ontario--(Newsfile Corp. - October 10, 2025) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company") today announced that, due to the ongoing postal strike in Canada, the Company is unable to mail shareholder proxy materials (the "Meeting Materials") for its upcoming special meeting (the "Meeting") of shareholders scheduled for 10:00 a.m. (Toronto time) on Thursday, October 30, 2025, at the offices of Gowling WLG (Canada) LLP, Suite 1600, 100 King Street West, Toronto, Ontario.
Akanda is incorporated under the Business Corporations Act (Ontario), which ordinarily requires delivery of Meeting Materials to registered shareholders by mail. As the postal strike has made mailing impracticable, the Company has implemented alternative delivery procedures that fully ensure shareholders' access to the required information.
The Meeting Materials are available for download on the Company's website at https://akandacorp.com and will remain accessible there for six months following the date of the Meeting. Shareholders may also request printed copies of the Meeting Materials be sent to them via email or couriered to them within Canada or the United States, at no cost by contacting the Company by email at [email protected] or they may access the documents online under the Company's profile on EDGAR at www.sec.gov.
Registered shareholders (those who hold their shares directly in the Company and not through a broker or other intermediary) may obtain a control number or receive assistance with voting by contacting the Company's Meeting proxy provider, Odyssey Trust Company. To facilitate this process, shareholders are encouraged to use the "Chat with Odyssey Trust" feature at https://odysseytrust.com/contact/ or to contact Odyssey Trust by telephone at 1-888-290-1175 (toll-free in North America) or 1-587-885-0960 (outside North America). Shareholders are reminded to submit their proxies or voting instructions by no later than 48 hours prior to the time of the Meeting, as indicated in the Meeting Materials, to ensure their votes are counted.
Beneficial shareholders (those who hold their shares through a brokerage firm or other intermediary) who have not yet received information about the Meeting should contact their intermediary directly to obtain a voting proxy.
These alternative procedures have been implemented to ensure that all shareholders receive timely access to the Meeting Materials and can participate fully in the Meeting, notwithstanding the postal disruption. The Company is confident that these measures provide a secure, accessible, and compliant alternative to traditional mail delivery.
The Company appreciates shareholders' understanding and cooperation during this postal disruption. Akanda remains committed to maintaining the highest standards of transparency and governance and encourages all shareholders to review the Meeting Materials and participate in the Meeting.
Forward-Looking Statements
This press release may contain "forward-looking statements." Such statements which are not purely historical (including but not limited to statements that contain words such as "will," "believes," "plans," "anticipates," "expects," "intends," "would," "could" and "estimates") are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Important factors, among others, that may affect actual results or outcomes include: (i) any delay to or adjournment of the Meeting, or changes in the status of the postal strike; (ii) changes in domestic and foreign business, market, financial, political and legal conditions; (iii) risks that could adversely affect Akanda or the expected benefits of its recent acquisition of FTF (the "Transaction") or that the approval of the stockholders of Akanda to authorize and issue its Class B Special Shares, or to approve the Transaction, is not obtained; (iv) failure to realize the anticipated benefits of the Transaction; (v) the limited operating history of each of Akanda and FTF; (vi) the ability of Akanda and its subsidiaries to grow and manage growth effectively; (vii) the ability of Akanda and its subsidiaries to execute their business plans; (viii) estimates of the size of the markets for Akanda's and its subsidiaries' products and services; (ix) the rate and degree of market acceptance of Akanda's products and services; (x) Akanda's ability to identify and integrate acquisitions; (xi) future investments in technology and operations; (xii) potential litigation involving Akanda; (xiii) risks relating to the uncertainty of projected financial information; (xiv) the effects of competition on Akanda's businesses; (xv) developments and changes in laws and regulations; (xvi) the impact of significant investigative, regulatory or legal proceedings; (xvii) general economic and market conditions impacting demand for Akanda's products and services; (xviii) the ability to meet Nasdaq's listing standards; (xix) the ability of Akanda to raise capital, and to issue equity or equity-linked securities in connection with the Transaction or in the future; (xx) the ability of Akanda to manage its significant debt load and liabilities; and (xxi) such other risks and uncertainties as are discussed in Akanda's Annual Report on Form 20-F filed with the SEC or in other documents Akanda files from time to time with the SEC. Akanda expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Akanda's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this press release, and Akanda assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law. Although Akanda believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in Akanda's reports and statements filed from time-to-time with the Securities and Exchange Commission.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270006
October 10, 2025 2:03 PM EDT | Source: BlockchainK2, Corp
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) (the "Company") announces that the Company has closed its previously announced debt settlement (see September 15, 2025 press release) settling outstanding indebtedness totaling $232,098.37 through the issuance of 4,219,970 common shares at a price of $0.055 per share (the "Debt Settlement Shares"). The previously announced debt settlement contemplated the settlement of $317,098.37 of outstanding indebtedness through the issuance of 5,765,425 common shares.
A portion of the above-described transaction constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transaction ("MI 61-101") as 1,646,469 Debt Settlement Shares are being issued to related parties of the Company. The Company is relying on exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the Debt Settlement Shares does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.
Closing of the debt settlement is subject to the approval of the TSX Venture Exchange.
Investment by Sergei Stetsenko
As described above, Stetsenko, of 400 - 837 West Hastings St., Vancouver, BC V6C 3N6, acquired 1,646,469 Shares for consideration of $90,555.77 pursuant to the debt settlement.
Immediately prior to the closing of the debt settlement, Stetsenko beneficially owned or controlled 4,941,228 Shares, 346,694 Share purchase warrants ("Warrants") and 384,806 stock options ("Options") of the Company, which represented approximately 16.3% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 346,694 Warrants and 384,806 Options, approximately 16.1% of the issued and outstanding Shares on a partially diluted basis.
Immediately following the closing of the debt settlement, Stetsenko beneficially owns or controls 6,587,697 Shares, 346,694 Warrants and 384,806 Options, representing approximately 19.1% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 346,694 Warrants and 384,806 Options, approximately 20.7% of the issued and outstanding Shares on a partially diluted basis. Due to a restriction on the exercise of the Warrants, Stetsenko is unable to exercise the Warrants if such exercise would increase Stetsenko's holdings over 19.9% without providing 61 days' notice to the Company.
The securities of the Company held by Stetsenko are held for investment purposes. Stetsenko has a long-term view of the investment and may acquire additional securities of the Company either on the open market, through private acquisitions or as compensation or sell the securities on the open market or through private dispositions in the future depending on market conditions, general economic and industry conditions, the Company's business and financial condition, reformulation of plans and/or other relevant factors.
A copy of Stetsenko's early warning report will appear on the Company's profile on SEDAR+ and may also be requested by mail at BlockchainK2 Corp., 400 - 837 West Hastings St., Vancouver, BC V6C 3N6, Attention: Sergei Stetsenko or phone at (604) 630-8746.
BlockchainK2 Corp.
Sergei Stetsenko
CEO
Phone: +971502806737
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSX-V. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for the Company as described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which are available at www.sedarplus.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270023
2025-10-10 17:066mo ago
2025-10-10 11:556mo ago
Ethereum Foundation Launches Joint Initiative to Fund Tornado Cash Legal Defense
The Ethereum Foundation and Keyring Network launch a joint funding model, routing zkVerified vault fees to Tornado Cash’s legal defense.Keyring’s zero-knowledge DeFi vaults enable compliant, privacy-first finance for institutional investors on Ethereum.The initiative seeks to prove a sustainable impact funding model while defending developers’ rights to open-source privacy code.The Ethereum Foundation and Keyring Network have launched a new initiative to pioneer a market-aligned funding mechanism. Fees from zkVerified DeFi vaults will go to support privacy-focused open-source developers.
For the first two months, fees will go to the legal defense funds of the developers of Tornado Cash.
Sponsored
Sponsored
Institutional DeFi Funds Privacy DefenseThe Ethereum Foundation and Keyring Network have devised a funding mechanism for privacy development.
Keyring is a company focused on creating tools that help large financial institutions access compliant decentralized finance (DeFi) products. They specialize in using advanced zero-knowledge proofs to allow users to prove they are verified without revealing their identity on the Ethereum blockchain.
Keyring recently developed zkVerified vaults, which serve as secure, yield-generating DeFi gateways accessible exclusively to safelisted investors.
The joint initiative aims to fund the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev, championing the defense of privacy-enhancing, open-source code.
Tornado Cash (@TornadoCash) is a decentralized privacy protocol using zero-knowledge proofs to break the onchain link between sender and receiver.
It is designed to provide privacy on a public blockchain.
Ethereum is for privacy.
— Ethereum (@ethereum) August 19, 2025
Keyring provides direct financial support, pledging two months of all protocol fees generated by its new zkVerified vaults for the developers’ defense. Meanwhile, the Ethereum Foundation is the strategic partner. The Ethereum Foundation will coordinate the effort and establish a successful test case for this new funding model.
Sponsored
Sponsored
Developers Convicted for Open Source CodeIn 2019, Storm, Pertsev, and Roman Semenov created and launched Tornado Cash, an open-source cryptocurrency mixer on the Ethereum blockchain. The service significantly enhances users’ transaction privacy and anonymity.
The stated primary motivation for its creation was to provide financial privacy for cryptocurrency users. Since Ethereum transactions are public, Tornado Cash was created to disconnect the sending and receiving wallets.
Proponents like Vitalik Buterin celebrated the creation, viewing it as vital for financial privacy. However, critics argued that criminals, like sophisticated North Korean hackers, could use it to launder billions in illicit funds.
In August 2022, the US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash. It also made it illegal for Americans to use the protocol. Pertsev and Storm were subsequently arrested and charged with facilitating money laundering and operating an unlicensed money transmitting business.
Courts convicted both Persev and Storm for these crimes. Roman Semenov remains at large.
An Alarming StandardThe legal cases against the developers of Tornado Cash have resulted in substantial legal fees.
The case is seen by many in the crypto community as setting a dangerous precedent for criminalizing developers for simply writing open-source code.
Beyond this new strategic initiative between the Ethereum Foundation and Keyring, the Foundation pledged an additional $500,000 in donations in August to fund the developers’ legal defense.
This new initiative serves as a key proof of concept for the entire industry. If successful, this new model will establish a sustainable, market-driven funding structure that automatically channels the financial success of privacy protocols, eliminating the need to rely on emergency, one-time community donations for all future legal challenges.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Bitcoin plunged to a low of $118,497 on Thursday after critical comments from former President Donald Trump about China's rare earth export policies rattled global markets and spurred risk-off sentiment among crypto traders.
2025-10-10 17:066mo ago
2025-10-10 11:576mo ago
Bitcoin, Ethereum Dive Alongside Stocks as Trump Threatens 'Massive' China Tariffs
Crypto prices plunged alongside stock market indices early Friday after President Donald Trump threatened to ratchet up tariffs on China.
Bitcoin dove below $119,000 for the first time since October 2, and was recently trading for $119,028—down 1.7% on the day. But other leading cryptocurrencies saw sharper dips, with Ethereum and Solana both down almost 5% in the last hour alone, to prices of $4,107 and $211 respectively.
Crypto market liquidations have skyrocketed amid the plunge, with CoinGlass showing $459 million worth of liquidations in the last hour alone—the vast majority of them being long positions. Over the last 24 hours, nearly $773 million worth of positions have been liquidated.
The Nasdaq is down 1.77% so far Friday, with the S&P 500 down 1.25% and the Dow dipping by 0.83%.
"Ultimately, though potentially painful, it will be a very good thing, in the end, for the U.S.A." Trump wrote on Truth Social. "One of the policies that we are calculating at this moment is a massive increase of tariffs on Chinese products coming into the United States of America. There are many other countermeasures that are, likewise, under serious consideration."
This isn’t the first time that Trump’s tariff war has impacted the markets. Back in April, Trump’s sweeping “Liberation Day” tariffs on 185 countries prompted Bitcoin to drop 1.1% in an hour while the S&P 500 lost more than $2 trillion in market capitalization in just 15 minutes.
Since then, the president has had a hot and cold relationship with tariffs as he has regularly eased and hiked tariffs against several nations and economic groups—including China.
Trump’s most recent tariff move happens as the U.S. government is in the midst of an ongoing shutdown. During this period, most federal agencies are partially closed, with only essential employees permitted to keep working.
That said, the U.S. Bureau of Labor Statistics has confirmed that it will release its September 2025 Consumer Price Index, which measures the rate of inflation in the U.S., on October 24. However, no further releases will be produced until the government resumes.
Despite the increased tariff tensions, a price drop, and an ongoing government shutdown, 45% of predictors on Myriad Markets are bullish that Bitcoin will pump to $140,000 before it drops to $110,000. (Disclosure: Myriad Markets is developed by Decrypt’s parent company DASTAN.)
Editor's note: This story was updated after publication with additional context.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-10 17:066mo ago
2025-10-10 11:586mo ago
Morgan Stanley Eases Barriers To Bitcoin And Ether Funds For All Clients
Morgan Stanley (NYSE:MS) has reportedly removed longstanding limits on which wealth clients can buy crypto funds, telling advisors they may place digital-asset products across account types, including retirement accounts, as part of a broader expansion of access beginning Oct. 15.
The firm informed its advisor force that crypto funds can be offered to any customer, a shift from prior rules that confined the products to high-net-worth investors with aggressive risk profiles and taxable brokerage accounts, CNBC reports.
Also Read: Here’s Why Paul Tudor Jones Just Called Bitcoin ‘Very Very Appealing’
The latest move follows a policy environment that is more welcoming to digital assets and builds on the bank’s plan to enable trading of bitcoin, ether, and solana at its E-Trade unit.
In January, the bank’s CEO, Ted Pick, told CNBC in an interview that his bank would be operating with U.S. regulators to investigate whether it could boost its involvement in cryptocurrency markets. Back then, Bank of America CEO Brian Moynihan also indicated the bank could adopt crypto if regulators permit, calling it another potential retail payments option for the nation's No. 2 bank by assets.
The latest strategy underscores Morgan Stanley’s push to defend its dominant wealth franchise, which oversees about $8.2 trillion, as client demand for crypto exposure evolves.
To temper volatility risks, Morgan Stanley will use automated oversight to help prevent overconcentration in crypto holdings, CNBC adds, citing people familiar with the framework.
Price Action: MS shares are trading higher by 0.51% to $157.09 at last check Friday.
Read Next:
Bitcoin Consolidates At $124,000 Ethereum, XRP, Dogecoin Awaiting Permission To Surge
Photo: Shutterstock
Market News and Data brought to you by Benzinga APIs
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Most coins from the top 10 list are again in the green zone, according to CoinMarketCap.
Top coins by CoinMarketCapXRP/USDThe price of XRP has gone up by 1% over the past day.
Image by TradingViewOn the hourly chart, the rate of XRP has made a false breakout of the local resistance of $2.8305. However, if the daily bar closes near that mark or above, growth may continue to the $2.85 range.
Image by TradingViewOn the longer time frame, the situation is the opposite. The price is closer to the support than to the resistance, which means bears are more powerful than bulls.
You Might Also Like
If sellers' pressure continues, one can expect a test of the $2.6975 level soon.
Image by TradingViewFrom the midterm point of view, the picture is similar. If the weekly bar closes below the previous bar's low, the accumulated energy might be enough for an ongoing decline to the $2.40-$2.60 area.