NEW YORK, March 11, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Wealthfront Corporation (NASDAQ: WLTH) for potential violations of the federal securities laws.
If you invested in Wealthfront, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/wealthfront-corporation-class-action.
Why is Wealthfront Being Investigated for Violations of the Federal Securities Laws?
Wealthfront is an online financial advisor that uses automated tools to provide investment and financial advice. On or around December 12, 2025, Wealthfront completed an initial public offering (“IPO”) of more than 34 million shares of common stock at a price of $14.00 per share.
BFA is investigating whether Wealthfront violated the federal securities laws by making false and misleading statements to investors, including in the offering materials for its IPO.
Why did Wealthfront’s Stock Drop?
On January 12, 2026, Wealthfront published its first quarterly results as a publicly traded company. The results included net deposit outflows of $208 million, a stark reversal from the $874 million in inflows the company experienced during the same period a year earlier. During the company’s earnings conference call held the same day, CEO David Fortunato attributed the decline to falling interest rates and emphasized the strategic importance of Wealthfront’s new home-lending business which he asserted would protect the company from downside risk should interest rates continue to fall. Also on the call, Fortunato revealed that he personally owns a 95.1% stake in Wealthfront’s home-lending business and that the company may “revisit or revise the ownership structure.” This news caused the price of Wealthfront stock to drop $2.12 per share, nearly 17%, from a closing price of $12.59 per share on January 12, 2026, to $10.47 per share on January 13, 2026.
Click here for more information: https://www.bfalaw.com/cases/wealthfront-corporation-class-action.
What Can You Do?
If you invested in Wealthfront, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, March 11, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into PennyMac Financial Services, Inc. (NYSE:PFSI) for potential violations of the federal securities laws.
If you invested in PennyMac, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/pennymac-class-action-lawsuit.
Why is PennyMac Being Investigated for Violations of the Federal Securities Laws?
PennyMac originates and services home mortgages. Recently, PennyMac increased its capacity to originate loans to better retain borrowers seeking to refinance their mortgages—a process known as “recapture” —as interest rates declined. During the relevant period, PennyMac touted the success of its recapture efforts, representing to investors that its recapture rates were improving.
BFA is investigating whether PennyMac misrepresented its ability to recapture customers refinancing their mortgages as interest rates declined.
Why did PennyMac’s Stock Drop?
On January 29, 2026, PennyMac reported disappointing 4Q 2025 financial results. During PennyMac’s earnings call held the same day, PennyMac senior management revealed that although PennyMac had increased its origination capacity to recapture more refinance business, many competitors had also added capacity, creating a highly competitive origination environment that constrained PennyMac’s ability to take advantage of refinance opportunities. This news caused the price of PennyMac stock to decline more than 37%, from $140.70 per share at the close of trading on January 29, 2026, to as low as $93.50 per share on January 30, 2026.
Click here for more information: https://www.bfalaw.com/cases/pennymac-class-action-lawsuit.
What Can You Do?
If you invested in PennyMac, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, March 11, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Plug Power Inc. (NASDAQ:PLUG) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws.
If you invested in Plug Power, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/plug-power-class-action-lawsuit.
Key Details of the Plug Power ($PLUG) Class Action:
Lead Plaintiff Deadline: April 3, 2026Alleged Misconduct: Misstatements regarding the likelihood of accessing U.S. Department of Energy loan funds and constructing hydrogen production facilitiesLargest Alleged Stock Decline: November 14, 2025 – 17% Stock DropCourt: U.S. District Court for the Northern District of New YorkAction: Contact BFA Law to discuss your rights Investors have until April 3, 2026, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Plug Power securities. The case is pending in the U.S. District Court for the Northern District of New York and is captioned Ortolani v. Plug Power Inc., et al., No. 1:26-cv-00165.
Why is Plug Power Being Sued for Securities Fraud?
Plug Power provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets and develops infrastructure such as hydrogen production plants. During the relevant period, Plug Power announced it had “closed a $1.66 billion loan guarantee” from the U.S. Dept. of Energy’s Loan Program Office to “help finance the construction of up to six projects to produce and liquefy zero- or low-carbon hydrogen at scale throughout the United States.”
As alleged, in truth, Plug Power materially overstated the likelihood that DOE loan funds would ultimately become available to Plug Power, and that Plug Power would ultimately construct the hydrogen production facilities necessary to receive those funds.
Why did Plug Power’s Stock Drop?
On October 7, 2025, Plug Power announced the abrupt departure of its CEO, Andrew Marsh, and its President, Sanjay Shrestha. This news caused the price of Plug Power stock to drop $0.26 per share, or 6.3%, from a closing price of $4.13 per share on October 6, 2025, to $3.87 per share on October 7, 2025.
A month later, on November 10, 2025, Plug Power announced that it “suspended activities under the DOE loan program,” which purportedly allowed the Company to “redeploy capital” to pursue an agreement with a U.S. data center developer to monetize electricity rights. This news caused the price of Plug Power stock to drop $0.09 per share, or 3.4%, from a closing price of $2.65 per share on November 7, 2025, to $2.56 per share on November 10, 2025, the next trading day.
Then, on November 13, 2025, The Washington Examiner reported that Plug Power “confirmed . . . that it suspended activities” on “its plans to construct six facilities to produce and liquefy zero or low-carbon hydrogen, putting at risk” the $1.66 billion DOE loan it closed in January. This news caused the price of Plug Power stock to drop $0.48 per share, or 17.6%, from a closing price of $2.49 per share on November 13, 2025, to $2.25 per share on November 14, 2025.
Click here for more information: https://www.bfalaw.com/cases/plug-power-class-action-lawsuit.
What Can You Do?
If you invested in Plug Power, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, March 11, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reservoir Media, Inc.’s (NASDAQ:RSVR) board of directors as well as significant shareholders Wesbild, Inc. and ER Reservoir LLC for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Reservoir Media that would cash out every minority stockholder for $10.50 per share.
If you are a current shareholder of Reservoir Media, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/reservoir-media-investigation.
Why is Reservoir Media, Inc. being Investigated?
On March 4, 2026, ER Reservoir LLC and Wesbild Inc. announced in SEC filings that they had submitted a preliminary non-binding proposal to acquire all shares of Reservoir Media stock that they did not already own at a price of $10.50 per share.
As of Reservoir Media’s latest annual reports, ER Reservoir LLC and Wesbild Inc. owned 44% and 21% of Reservoir Media’s stock, respectively. Combined, they own 65% of the company’s stock and would be able to unilaterally dictate the outcome of stockholder votes requiring majority approval.
BFA Law is investigating whether the proposed $10.50 per share price represents an unfairly low price, and whether Reservoir Media’s board of directors, as well as ER Reservoir LLC and Wesbild Inc. (as controlling stockholders) would be breaching their fiduciary duties to the company’s minority stockholders in connection with the potential transaction.
Click here for more information: https://www.bfalaw.com/cases/reservoir-media-investigation
What Can You Do?
If you are a current holder of Reservoir Media stock, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
Submit your information by visiting: https://www.bfalaw.com/cases/reservoir-media-investigation.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, March 11, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Hub Group Inc. (NASDAQ:HUBG) for potential violations of the federal securities laws.
If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.
Why is Hub Group Being Investigated for Violations of the Federal Securities Laws?
Hub Group is a supply chain solutions provider that offers transportation and logistics management services. Hub Group is one of the largest freight transportation providers in North America.
BFA is investigating whether Hub Group misrepresented its purchased transportation costs and accounts payable for the first nine months of 2025.
Why did Hub Group’s Stock Drop?
On February 5, 2026, after market close, Hub Group announced that it would delay the full release of its fourth quarter and full year 2025 financial results and will restate its financial statements for the first three quarters of 2025 due to an error that understated purchased transportation costs and accounts payable. Hub Group did not estimate what the financial impact would be nor did it provide a date for when it would restate its financial statements.
On this news, the price of Hub Group stock dropped over 24% during the course of trading on February 6, 2026.
Click here for more information: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.
What Can You Do?
If you invested in Hub Group, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, March 11, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against NuScale Power Corporation (NYSE:SMR) and certain of the Company’s senior executives for securities fraud after a significant stock drop resulting from the potential violations of the federal securities laws.
If you invested in NuScale, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/nuscale-class-action-lawsuit.
Key Details of the NuScale ($SMR) Class Action:
Lead Plaintiff Deadline: April 20, 2026Alleged Misconduct: Misrepresenting the experience and capabilities of ENTRA1 and its role in developing and commercializing NuScale’s nuclear power modulesLargest Alleged Stock Decline: November 10, 2025 – 12.4% Stock DropCourt: U.S. District Court for the District of OregonAction: Contact BFA Law to discuss your rights Investors have until April 20, 2026 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in NuScale Class A common stock. The case is pending in the U.S. District Court for the District of Oregon and is captioned Truedson v. NuScale Power Corporation, et al., No. 3:26-cv-00328.
Why is NuScale Being Sued for Securities Fraud?
NuScale is a nuclear technology company. Its core technology is the NuScale Power Module (“NPM”), a small modular nuclear reactor (“SMR”) designed to generate energy within a broader power plant. Prior to the start of the Class Period, NuScale established a partnership with ENTRA1 Energy LLC. Under this agreement, ENTRA1 was responsible for constructing power generation facilities incorporating NuScale’s NPMs and managing the financing, development, and initial operations of the facilities utilizing the NPMs.
NuScale allegedly touted ENTRA1’s purported wide-ranging capabilities and deep experience developing power plants. According to NuScale, ENTRA1 is an “independent power plant development platform,” “led by an executive team of energy, infrastructure, and finance sector veterans,” with the type of experience that is “exactly what is required” to commercialize and deploy NuScale’s NPMs.
As alleged, in truth, ENTRA1 had never built, financed, or operated any significant project, let alone a project in the complex field of nuclear power generation. Moreover, in contrast to NuScale’s representations, ENTRA1 had been organized primarily to support the work of one individual, its principal Wadie Habboush, an investor and entrepreneur.
Why did NuScale’s Stock Drop?
On November 6, 2025, NuScale disclosed that its general and administrative expenses had increased from $17 million in the prior year period, to $519 million during 3Q 2025, due largely to NuScale’s payment of $495 million to ENTRA1 for its services. Also on November 6, 2025, under pressure from investment analysts, NuScale acknowledged that ENTRA1 did not have any significant experience building nuclear power projects and admitted that ENTRA1 would not actually be “out there building the power plants” but would serve “to coordinate projects, to bring in partners, to get deals and the partners they bring in that can execute.”
Following this news, analysts with Guggenheim Securities, LLC published a report stating that ENTRA1 is a “3-year old company that has never built, financed or operated anything” and had just “3 employees and 1 investor,” and stated a “more accurate description of ENTRA1 would be that it is an entity supporting the activities of a single individual, specifically Mr. Habboush.” This news caused the price of NuScale stock to drop $4.03 per share over two trading days, or more than 12.4%, from a closing price of $32.46 per share on November 6, 2025, to $28.43 per share on November 10, 2025.
Click here for more information: https://www.bfalaw.com/cases/nuscale-class-action-lawsuit.
What Can You Do?
If you invested in NuScale, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, March 11, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Mister Car Wash, Inc.’s (NASDAQ: MCW) board of directors and its controlling stockholder, LGP, for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Mister Car Wash that would cash out every public stockholder for $7 per share.
If you are a current shareholder of Mister Car Wash, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mister-car-wash-investigation.
Key Details of the Mister Car Wash ($MCW) Investigation:
Acquiring Company: Leonard Green & Partners, L.P. (“LGP”)Offer Price: $7.00 per share in cashAlleged Misconduct: Potential breaches of fiduciary duties by the board of directors and LGP, including possible conflicts of interest and an unfairly low buyout price for public shareholdersAction: Contact BFA Law to discuss your rights Why is Mister Car Wash being Investigated?
On February 18, 2026, Mister Car Wash announced that it had agreed to be acquired by Leonard Green & Partners, L.P. (“LGP”) for $7.00 per share. This price may represent an unfairly low price being paid to Mister Car Wash’s stockholders and may be the result of conflicts of interest between Mister Car Wash’s board of directors and LGP.
LGP is the largest owner of Mister Car Wash stock, owning over 66% of the company’s common stock. As Mister Car Wash noted in its most recent annual report (SEC Form 10-K) “[f]or as long as LGP owns more than 50% of [Mister Car Wash’s] common stock it will be able to exert a controlling influence over all matters requiring stockholder approval, including the nomination and election of directors and approval of significant corporate transactions, such as a merger or other sale of our Company or its assets.” As the controlling stockholder of Mister Car Wash, LGP owes fiduciary duties to the public stockholders of Mister Car Wash.
LGP has already used its shares to give stockholder approval to the take-private sale, and the company does not plan to solicit any further votes from public stockholders. With the ability to approve the sale of Mister Car Wash to itself, needing only its own votes, LGP is incentivized to execute the deal as cheaply as possible.
BFA Law is investigating Mister Car Wash’s board of directors and LGP to ascertain whether they have breached fiduciary duties to Mister Car Wash’s stockholders in connection with the contemplated transaction.
Click here for more information: https://www.bfalaw.com/cases/mister-car-wash-investigation
What Can You Do?
If you are a current holder of Mister Car Wash stock you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Shares in Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF), the AIM-listed mining company whose stock has lost more than 80% of its value over the past year, fell a further 8% to 0.022p after the company raised £500,000 through a discounted share issue to keep its Zimbabwean lithium project afloat.
The fundraise, completed at an issue price of 0.0185 pence per share, a steep discount to the already depressed market price, will provide working capital to support ongoing operations at the Zulu Lithium and Tantalum Project in Zimbabwe.
A further £100,000 of outstanding supplier invoices was settled through the issue of new shares at the same price, suggesting the company is conserving what little cash it has.
The funds will primarily support the installation and commissioning of a 15 to 20 tonnes-per-hour flotation plant manufactured by Xinhai Technology Processing, which the company said was essential to reaching commercially acceptable levels of lithium grade and recovery.
Premier issued an operational update on 4 March, flagging difficulties at Zulu, and the latest fundraise underlines the fragile financial position of the project.
Graham Hill, chief executive, said maintaining momentum on the flotation plant installation was vital as the company moved towards stable operations.
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2026-03-11 06:181mo ago
AMD CEO to meet Samsung chief in South Korea amid race for AI memory chips, paper says
Lisa Su, CEO of AMD, speaks during an AMD keynote address at CES 2026, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S., January 5, 2026. REUTERS/Steve Marcus Purchase Licensing Rights, opens new tab
SEOUL, March 11 (Reuters) - Advanced Micro Devices' (AMD.O), opens new tab CEO Lisa Su will meet Samsung Electronics (005930.KS), opens new tab Chairman Jay Y. Lee in South Korea next week to discuss cooperation on securing supplies of high-bandwidth memory used in artificial intelligence chipsets, the Maeil Business Newspaper said.
Su is set to visit South Korea on March 18 and plans to meet key partners such as Lee and Naver's (035420.KS), opens new tab CEO Choi Soo-yeon, the paper said on Wednesday, citing unnamed industry sources.
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Naver said a meeting between CEO Choi and AMD was scheduled, but declined to disclose the specific agenda.
Samsung Electronics declined to comment.
Su's meeting with Lee comes as demand surges for memory chips, including HBM, DRAM and NAND, with the technology used by AMD, Nvidia (NVDA.O), opens new tab and other big tech firms in the race to build data centres and power AI systems.
Su is also expected to discuss broader cooperation with Naver, the country's largest internet portal and search engine provider.
These areas include expanding semiconductor supplies for data centres, building sovereign AI infrastructure and collaborating on next-generation computing technologies, the paper said.
Her visit is expected to coincide with the week of Nvidia's annual developer conference, GTC, which runs from March 16 to 19 in the California city of San Jose.
Reporting by Heekyong Yang; Editing by Clarence Fernandez
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-11 10:311mo ago
2026-03-11 06:191mo ago
EOSE Fraud Reminder: Eos Energy Investors with Losses may have been Affected by Securities Fraud – Contact BFA Law about Your Rights before May 5
NEW YORK, March 11, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Eos Energy Enterprises, Inc. (NASDAQ:EOSE) and certain of the Company’s senior executives for securities fraud after the Company’s stock dropped approximately 39%.
If you invested in Eos Energy, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/eos-energy-class-action-lawsuit.
Key Details of the Eos Energy ($EOSE) Class Action:
Lead Plaintiff Deadline: May 5, 2026Alleged Misconduct: Securities fraud related to Eos’s representations regarding near-term revenue growth and the timing, execution, and feasibility of its manufacturing initiativesStock Decline: February 26, 2026 – 39.4%Court: U.S. District Court for the District of New JerseyAction: Contact BFA Law to discuss your rights Investors have until May 5, 2026, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Eos Energy securities. The case is pending in the U.S. District Court for the District of New Jersey and is captioned Yung v. Eos Energy Enterprises, Inc., et al., 2:26-cv-02372.
Why is Eos Energy Being Sued for Securities Fraud?
Eos Energy manufactures zinc-based long-duration battery energy storage systems used to store renewable power and support grid reliability.
Throughout the relevant period, Eos repeatedly touted manufacturing progress driven by a transition to a highly automated battery manufacturing line and issued revenue guidance of $150 million to $160 million for fiscal year 2025.
As alleged, these statements were materially false and misleading because Eos was experiencing significant production inefficiencies, excessive battery line downtime, and delays in achieving quality targets, which undermined its ability to meet its stated guidance.
Why Did Eos Energy’s Stock Drop?
On February 26, 2026, before the market opened, Eos reported a substantial net loss of approximately $970 million for fiscal year 2025 and disclosed full‑year 2025 revenue that fell short of the guidance the company had repeatedly reaffirmed due to heavy spending to scale its manufacturing operations, including ramp‑up inefficiencies, automation‑related costs, and large non‑cash financing and asset write‑down charges. Eos also issued weaker‑than‑expected 2026 revenue guidance due to slower‑than‑anticipated production progress and heightened execution risk.
Following these disclosures, Eos Energy’s stock price fell $4.39 per share, or approximately 39.4%, to close at $6.74 on unusually heavy trading volume.
What Can You Do?
If you invested in Eos Energy, you may have legal options. All representation is on a contingency fee basis, with no cost or obligation to you. The firm will seek court approval for any potential fees and expenses.
Why Bleichmar Fonti & Auld LLP?
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Crude oil storage, a part of the United States' strategic oil reserve, is pictured in the Permian Basin oil field near Midland, Texas, U.S. February 18, 2025. REUTERS/Eli Hartman Purchase Licensing Rights, opens new tab
March 11 (Reuters) - The International Energy Agency is set to announce its recommendation at 1300 GMT on releasing oil from strategic reserves, two sources with knowledge of IEA discussions said on Wednesday.
The release may total 400 million barrels, the sources said.
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The IEA did not immediately respond to a request for comment.
Reporting by America Hernandez and Pietro Lombardi, writing by Alex Lawler, Editing by Louise Heavens
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-11 10:311mo ago
2026-03-11 06:231mo ago
Natural Gas and Oil Forecast: Hormuz Crisis Sparks 2% Oil Rebound – Rally or Trap?
March 11, 2026 06:24 ET | Source: HSBC Continental Europe
PARIS, March 11, 2026 (GLOBE NEWSWIRE) --
Vestas Wind Systems A/S
Pre Stabilisation Notice
HSBC (contact: [email protected]) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities
The securities:Issuer:Vestas Wind Systems A/SGuarantor (if any):naAggregate nominal amount:EUR 500,000,000Description:Fixed rate due 15th June 2033Offer price:TBCOther offer terms: Stabilisation:Stabilising Manager(s):HSBC Continental Europe, Citi, J.P. Morgan, SEBStabilisation period expected to start on:11th March 2026Stabilisation period expected to end no later than:17th April 2026Existence, maximum size & conditions of use of over-allotment facility[1]:5% of the aggregate nominal amountStabilisation Venue(s)Over the counter (OTC)
In connection with the offer of the above securities, the Stabilisation Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilisation Manager(s) will take any stabilisation action and any stabilisation action, if begun, may be ended at any time. Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Regulation (EU) 2017/1129 (the "Prospectus Regulation") (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Regulation), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Regulation (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State.
This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.
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2026-03-11 10:311mo ago
2026-03-11 06:261mo ago
Telephone and Data Systems Preferreds: Tax-Advantaged Yield, Discount To Redemption Value, And Rate Optionality
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Readers are advised to fact-check thoroughly before committing any capital to this idea; this reflects the personal views of the author and should not be pursued as formal financial or investment advice in any manner. While every effort has been made to ensure accuracy, errors may exist in the data and financial projections presented. The author is not responsible for any financial gains or losses incurred from investments made based on this content. For any additional information regarding the company or any clarification, feel free to comment. Happy to discuss anything further with regard to the presented investment thesis.
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.
Tesla's new Model 3 sedan is seen displayed at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 2, 2023. REUTERS/Florence Lo Purchase Licensing Rights, opens new tab
CompaniesBEIJING, March 11 (Reuters) - Sales of Tesla's (TSLA.O), opens new tab China-made electric vehicle rose for a fourth month in a row in February, as a low comparison base from last year outweighed headwinds from seasonal factors.
Sales of Model 3 and Model Y vehicles made in its Shanghai plant, including exports to markets including Europe, totalled 58,600 units last month, up 91% from a year earlier and following a 9.3% rise in January, Tesla China said on Wednesday.
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.
The sales were down 15.2% from January.
The U.S. automaker's China-made EV deliveries in February 2025 were affected by a partial assembly line suspension for its refreshed Model Y over the Lunar New Year.
Sales in the first two months of the year tend to show big fluctuations due to shifting Lunar New Year times.
Reporting by Qiaoyi Li, Zhang Yan and Brenda Goh. Editing by Mark Potter
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-11 10:311mo ago
2026-03-11 06:271mo ago
Top technology analyst recommends best stocks to buy amidst U.S. – Iran War
While the world was warily watching the volatility in the Oil markets triggered by the ongoing U.S.-Iran war, the popular technology sector analyst, Dan Ives of Wedbush, issued a note containing his top picks for early March 2026.
In his writing, the Wall Street expert focused on ‘defensive and well-positioned,’ as he acknowledged that the ongoing geopolitical conflagration is not the sole trigger for uncertainty, but has added to the anxiety prevalent with regard to big tech since the start of 2026.
Though Ives flagged ten top stock picks, Finbold examined and selected three prominent and promising technology stocks to invest in during March.
CrowdStrike (NASDAQ: CRWD) The expert’s case for CrowdStrike (NASDAQ: CRWD) rests on his faith that the cybersecurity space in general represents a safe haven from the disruption arising and expected to arise from artificial intelligence (AI).
Under the circumstances, Dan Ives flagged the cloud-native Falcon platform as a critical part of the company’s offering and a major reason why, amidst the prevailing turmoil, CRWD stock is a strong buy.
Zooming out, there is strong confidence in CrowdStrike on Wall Street as the company’s equity is, on average, rated as a ‘Strong Buy’ with an overall price target of $482.28. Wedbush is, simultaneously, responsible for the highest recent forecast, having set its sights at $550.
Wall Street sets CrowdStrike stock price target for the next 12 months. Source: TipRanks CRWD stock is 3.80% down in 2026 and has risen 7.79% in the last 30 days of trading to the March 11 press time price of $439.84.
CrowdStrike stock price one-month chart. Source: Finbold Microsoft (NASDAQ: MSFT) Perhaps the strongest case for Microsoft (NASDAQ: MSFT) is the blue-chip’s sheer size and ubiquity: qualities that Dan Ives considers important in his ‘buy’ case that largely rests on the firm’s capacity to accelerate the monetization across cloud and AI and capitalize on the massive backlog.
Still, it is worth pointing out that the technology giant’s backlog has been a significant point of contention in 2026, as the most recent earnings report revealed that almost half of it is linked to OpenAI – a company that allegedly forecasts a $14 billion loss this year.
Indeed, following the revelation, MSFT stock suffered a massive one-session drop on January 29, resulting in a $360 billion collapse in market capitalization.
Nonetheless, the wider Wall Street sees Microsoft shares as a ‘Strong Buy,’ and, on average, forecasts a 12-month rise to $594.02.
Wall Street sets Microsoft stock price target for the next 12 months. Source: TipRanks Wedbush set its own MSFT stock price target at $575, while the equity fell 14.20% year-to-date (YTD) and 1.95% in the red in the last 30 days to its press time price of $405.52.
Microsoft stock price one-month chart. Source: Finbold Salesforce (NASDAQ: CRM) According to the Wall Street analyst firm, Salesforce’s (NASDAQ: CRM) large customer base and expansive ecosystem mean that the company is in a strong position to use AI to further raise its revenue and profits.
Indeed, Ives considers the firm as one of the biggest long-term winners in the ongoing technological boom and has previously set the CRM stock 12-month target at $375.
Additionally, there is significant institutional optimism since Salesforce stock is, on average, expected to reach $264.35 and boasts an overall rating of “Moderate Buy.”
Wall Street sets Salesfroce stock price target for the next 12 months. Source: TipRanks So far, CRM is 13.15% in the red in 2026 but has risen 0.11% in the last 30 days of trading to its March 11 press time price of $194.25.
Salesforce stock price one-month chart. Source: Finbold Lastly, the company has accelerated its push for the adoption of agentic AI through its ‘Agentforce,’ and claims that approximately 180 organizations have already adopted the service. While the drive is, arguably, still in its early days, it highlights Dan Ives’ argument about Salesforce’s long-term potential.
Featured image via Shutterstock
2026-03-11 10:311mo ago
2026-03-11 06:281mo ago
Berkeley Energia shares climb as interims confirm robust cash position
Berkeley Energia Ltd (LSE:BKY, ASX:BKY) shares found support on Wednesday, rising 8.7% to 25p, as the company, which is locked in a legal dispute with Spain, released interim financial results that confirmed robust cash resources.
Cash reserves stood at A$68.4 million at period-end, down from A$73.6 million at 30 June, with no debt on the balance sheet.
Attention among investors was likely focused more on commentary regarding the legal dispute, which could potentially pay out as much as $1.25 billion in compensation, than the six-monthly financials.
In February 2026, its wholly owned subsidiary, Berkeley Exploration Ltd, filed a Memorial of Claim at the International Centre for Settlement of Investment Disputes in Washington, alleging Spain breached multiple provisions of the Energy Charter Treaty. Spain has until July 2026 to respond (or until October, under an extended timeline subject to jurisdiction).
Berkeley's financials confirmed an interim loss as legal costs tied to its dispute with Spain climbed, though the uranium and critical minerals developer said it still holds a sizeable cash buffer while advancing work at its Conchas project in western Spain. For the six months to 31 December 2025, the group reported a net loss of A$3.45 million, against a profit of A$831,000 a year earlier - including arbitration expenses which rose to A$2.49 million from A$577,000, plus a A$1.49 million foreign exchange loss.
Away from the arbitration, Berkeley flagged progress at Conchas, where preliminary metallurgical test work indicated lithium recoveries of 77.5% and rubidium recoveries of 62.7% through flotation, with magnetic separation also showing potential.
2026-03-11 10:311mo ago
2026-03-11 06:301mo ago
BranchOut Food Announces Partnership with Zesty Snackz and Top YouTube Creators to Launch Single-Ingredient Fruit Chips
BEND, Ore., March 11, 2026 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a food technology company pioneering the next generation of natural fruit and vegetable snacks through its proprietary GentleDry™ process, today announced a partnership with Zesty Snackz and its founders, digital creators Brenten Szekely and Paul Cuffaro, to launch a new line of single-ingredient Fruit Chips under the Zest Snackz label.
The collaboration brings together BranchOut’s proprietary GentleDry™ dehydration technology with Zesty Snackz’s fast-growing snack platform and the expansive digital reach of two of YouTube’s most recognizable lifestyle creators. Collectively, Brenten and Paul reach millions of viewers across YouTube, Instagram, TikTok and other social platforms, where they have built highly engaged communities through authentic, family-friendly content centered on lifestyle, adventure, aquatics, and entrepreneurship.
The new Zesty Snacks Fruit Chips line, powered by BranchOut’s GentleDry™ technology, is set to launch with products made from 100% real fruit. These single-ingredient fruit chips boast vibrant flavor, texture, and nutrients while offering shelf-stable convenience, free from added sugar, preservatives, or artificial ingredients. The initial release will feature popular fruits, including mango, pineapple, strawberry, and banana, with plans for additional varieties in the future. BranchOut plans to ship the first full container of the product to Zesty Snacks in April, with follow-on container-sized orders expected thereafter.
“Our partnership with Zesty Snackz and creators like Brenten and Paul represents a powerful intersection of food innovation and modern consumer engagement,” said Eric Healy, CEO of BranchOut Food Inc. “These creators have built trusted brands with highly engaged audiences. By combining that reach with our advanced drying technology and supply chain scale, we are uniquely positioned to deliver premium, single-ingredient snacks to a rapidly expanding market.”
Brenten Szekely and Paul Cuffaro have successfully built multi-million-subscriber platforms by consistently creating high-engagement video content and fostering strong community relationships. Their proven ability to drive purchasing behavior through authentic storytelling and direct audience connection extends their brands beyond digital content into successful merchandise and consumer product lines. This direct-to-consumer channel represents a significant and currently untapped opportunity for BranchOut, as it is completely distinct from the company's existing retail and industrial channels.
“This partnership allows us to bring something to our audience that we genuinely believe in,” said Brenten Szekely. “Our community wants real, simple, high-quality products, and this collaboration delivers exactly that. After visiting the BranchOut facility in Peru and seeing the GentleDry™ process firsthand, we were incredibly impressed with the technology, the scale of the operation, and the team behind it. We’re excited to share that experience with our audience and will be releasing content from the visit in the coming months.”
About Zesty Snackz
Zesty Snackz is a fast-growing snack brand focused on delivering bold, high-quality products to modern consumers through both retail and digital channels. By integrating strong brand identity with influencer-driven engagement, Zesty Snackz is building a new model for snack innovation and consumer connection.
For more information: https://www.zestysnackz.com/
About BranchOut Food Inc.
BranchOut Food is a leading international food technology company, specializing in the production of high-quality dehydrated fruit and vegetable-based products through its proprietary GentleDry Technology. This next-generation dehydration method preserves up to 95% of the original nutrition of fresh produce, offering superior quality and taste. Protected by over 17 patents, BranchOut’s technology enables it to stand out as a trusted brand, ingredient and a private-label supplier. For more information, visit www.branchoutfood.com or follow us on social media here.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts of future events. Forward-looking statements may be identified using words such as "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate," "plan," “position,” "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements with respect to the operations of BranchOut Food, Inc., (the Company) strategies, prospects and other aspects of the business of the Company are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Although it may voluntarily do so from time to time, the Company undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
2026-03-11 10:311mo ago
2026-03-11 06:301mo ago
Kala Bio Launches a Revolution for Biotech- First AI Agent Deploying in 14 Days as $180 Billion Agentic AI Healthcare Revolution Accelerates
Platform Rebrand of Researgency.ai; First Purpose-Built AI Agent for Biotech Expected to Ship Within Two Weeks March 11, 2026 06:30 ET | Source: KALA BIO, Inc.
ARLINGTON, Mass., March 11, 2026 (GLOBE NEWSWIRE) -- KALA BIO, Inc. (NASDAQ: KALA) announces that it is ready to ship its first commercial AI product in approximately 14 days, transforming the Company from a clinical-stage biotech into a dual-engine growth story powered by both a proprietary drug pipeline and a scalable AI platform targeting the $180+ billion AI-in-healthcare market. Kala is building the Palantir for biotech, just as Palantir built a $250+ billion company by helping governments and enterprises make sense of massive data, Kala is doing the same for the biotech and pharmaceutical industry through its Researgency.ai platform, deploying purpose-built AI agents that handle the repetitive, high-stakes jobs that slow drug companies down, faster, cheaper, and with fewer errors than humans.
THE PLATFORM IS LIVE. THE FIRST PRODUCT IS SHIPPING.
With the full rebrand of Researgency.ai now complete, the platform is live and ready for enterprise clients. Kala’s scientists, working alongside Younet’s AI engineering team, are building the Company’s first custom AI agent right now, with delivery expected in approximately 14 days. This is not a rebranding announcement — this is a go-to-market readiness signal.
“The rebrand was important, but the real story is what happens next, we launch,” said Avi Minkowitz, CEO of Kala. “We are building the Palantir for biotech. Our first agent ships in 14 days, and our team is fired up. This is the beginning of something big.”
WHY NOW: THE AGENTIC AI MEGATREND IS HERE
The world’s largest companies are racing to adopt agentic AI, software that doesn’t just answer questions, but actually does the work. Block, Inc. recently committed to an agentic operating model; Gartner reports a 1,445% surge in enterprise inquiries about multi-agent AI systems from Q1 2024 to Q2 2025; and the global AI-in-healthcare market is projected to exceed $180 billion by 2030. While most AI companies chase general-purpose markets, Kala is laser-focused on biotech and pharma, the most data-intensive, compliance-heavy, and highest-value industry in the world.
WHY BIOTECH IS THE PERFECT MARKET FOR AI AGENTS
Biotech and pharma companies are drowning in complex, expensive, time-sensitive work. Every day spent on paperwork and compliance is a day a life-saving drug isn’t getting to patients. Kala’s AI agents target three massive pain points: repetitive workflows that AI can run on autopilot; mountains of paperwork where one mistake can delay a drug by months; and costly delays where AI compresses work from weeks to days, or even hours.
WHAT KALA'S AI PLATFORM CAN DO
Researgency.ai is a full enterprise platform where companies can design, deploy, and improve AI agents in a secure, auditable environment built for pharma-grade compliance, the operating system for AI in biotech. High-value use cases include:
Research Intelligence Agent — Monitors scientific publications and competitor activity, delivering structured summaries.Clinical Trial Agent — Drafts study protocols, runs consistency checks, and prepares trial documentation.Regulatory & Compliance Agent — Drafts controlled documents, tracks revisions, and ensures FDA submissions are complete and formatted correctly.Safety & Pharmacovigilance Agent — Monitors drug safety signals, organizes case reports, and flags issues for escalation.Commercial Launch Agent — Generates training materials, product fact sheets, and launch playbooks so teams are ready the moment a drug is approved. WHAT THIS MEANS FOR KALA INVESTORS
The old Kala was a one-drug story, high risk, binary outcomes. The new Kala is a dual-engine growth company: a Biotech Pipeline advancing cutting-edge treatments with FDA Orphan Drug and Fast Track designations, plus Researgency.ai, an AI platform any biotech or pharma company can use, generating recurring revenue month after month. There are thousands of biotech and pharma companies worldwide facing the exact pain points Kala is solving. Kala is positioning itself as the go-to AI infrastructure partner for the biotech industry, no longer a single-asset bet, but a platform company with the potential to serve an entire industry.
Early investors in platform companies that successfully execute have historically seen some of the biggest returns in the market.
NEXT CATALYST: FIRST AI AGENT SHIPS IN ~14 DAYS
Kala confirmed that its first AI Researgency agent is actively being built and is expected to ship within approximately 14 days. After launch, the Company will share full details, which workflow it targets, what the agent does, and exactly how it will measure value delivered. For investors, this is the moment the platform story moves from strategy to execution.
About KALA BIO (NASDAQ: KALA)
KALA BIO, Inc. (NASDAQ: KALA) is a clinical-stage biopharmaceutical company building a dedicated, on-premises AI infrastructure platform for the biotechnology industry. The Company's dual strategy combines a proprietary biologics pipeline, including its mesenchymal stem cell secretome (MSC-S) platform and FDA Orphan Drug and Fast Track designated product candidates, with a scalable AI platform-as-a-service business designed to deploy secure, purpose-built AI systems directly within biotech and pharmaceutical client environments. Through its exclusive worldwide license for the Researgency AI research platform from Younet, KALA intends to serve as the dedicated AI infrastructure partner for the biotechnology industry, enabling companies of all sizes to unlock the value of their proprietary biological data without ever surrendering control of it. Kala is advancing an agentic transformation strategy for biomedical organizations through Researgency.ai, a platform designed to enable scalable, governed deployment of AI agents across research, documentation, and operational workflows. Kala believes the future of biomedical innovation will be shaped by organizations that can safely and effectively operationalize agentic systems as a core capability, or in short, the future of bio-med is Agentic bio-med.
For more information, visit www.kalarx.com; www.Researgency.ai
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's strategic initiative to build an AI infrastructure platform for the biotechnology industry, plans to develop and deploy the Researgency AI platform both internally and to external clients, expectations regarding the potential benefits of AI-driven analytical tools, plans to reassess historical datasets and identify new therapeutic indications, expectations regarding the AI drug discovery market and industry trends, expectations regarding the Company's ability to generate recurring platform revenue, plans regarding potential partnerships, client deployments, or technology licensing opportunities, expectations regarding the Company's competitive position and the differentiation of its on-premises deployment model, the potential exercise of development continuation or renewal options under the Agreement, and other statements that are not historical facts.
The Company used words like "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions to identify these forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance, or achievements to be materially different from those expressed or implied by such statements. Important factors that could cause such differences include, but are not limited to: risks that AI technologies may not produce expected results in drug discovery or development; risks related to the development, deployment, and performance of the Researgency platform; risks that the Company may not successfully attract or retain external platform clients; risks that the platform-as-a-service business model may not generate anticipated revenues; risks that the Company's product candidates may not be successfully developed or commercialized; risks related to the Company's limited cash resources and ability to continue as a going concern; risks that the third-party information contained herein was not accurate at the time it was published and/or does not accurately predict the future; risks related to the Company's ability to raise future capital and the possibility that market conditions may limit the Company's ability to raise capital on favorable terms; risks related to the Company's ability to regain compliance with Nasdaq listing requirements; competition from larger, better-resourced companies including major technology and pharmaceutical companies; dependence on key personnel and third-party technology providers; the accuracy of third-party market forecasts and projections cited herein; risks that the Company may elect not to expand or continue its deployment of the Researgency platform beyond the initial term; risks that Younet may not perform its obligations under the Agreement; and other risks detailed in the "Risk Factors" section of the Company's Annual Report on Form 10-K as they may be revised in the Company's Quarterly Reports on Form 10-Q and Current Reports on Form 8-K and other filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
For more information:
www.kalarx.com
www.Researgency.ai
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Arrow Electronics, Inc. (ARW - Free Report) : This company that provides provides products, services, and solutions to industrial and commercial users of electronic components has seen the Zacks Consensus Estimate for its current year earnings increasing 11.3% over the last 60 days.
Victoria's Secret & Co. (VSCO - Free Report) : This seller of women’s intimates, apparel, and beauty products has seen the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.
GigaCloud Technology Inc. (GCT - Free Report) : This B2B ecommerce solutions and large parcel merchandising company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.
Enerflex Ltd. (EFXT - Free Report) : This company that delivers modular natural gas, power, and treated water solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 19.5% over the last 60 days.
Koninklijke Philips N.V. (PHG - Free Report) : This health technology company has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 12% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Here are three stocks with buy rank and strong income characteristics for investors to consider today, March 11:
Koninklijke Philips N.V. (PHG - Free Report) : This health technology company has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 12% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 2.8%, compared with the industry average of 0.0%.
Sun Hung Kai Properties Limited (SUHJY - Free Report) : This investment holding company has witnessed the Zacks Consensus Estimate for its next year earnings increasing 6.1% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 3.8%, compared with the industry average of 0.0%.
JPMorgan Chase & Co. (JPM - Free Report) : This financial services giant has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 2.1%, compared with the industry average of 1%.
See the full list of top ranked stocks here.
Find more top income stocks with some of our great premium screens.
2026-03-11 09:301mo ago
2026-03-11 04:361mo ago
Sanmina: The Cheapest Proxy To AMD's Explosive Growth
SummarySanmina is rated BUY following a 33% share price pullback, despite transformative AI-driven growth prospects post-ZT Systems acquisition.ZT Systems integration has shifted SANM’s revenue mix toward high-growth server products, with servers now comprising 60% of revenue and further upside expected.SANM is AMD’s preferred NPI partner, positioning it to benefit from major AMD Helios Rack deals with Meta and OpenAI, representing a multi-billion dollar assembly opportunity.Trading at 12x FY26 P/E—well below EMS peers and AMD—SANM offers compelling re-rating potential as the market underappreciates its AI server assembler status. JHVEPhoto/iStock Editorial via Getty Images
Introduction Rating: BUY
Sanmina's (SANM) share price is down 33% since announcing disappointing guidance for Q2 in its latest earnings call. I think that this is unfair to Sanmina, especially given the latest exciting developments of the company. Sanmina's business has
4 Followers
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-11 09:301mo ago
2026-03-11 04:381mo ago
Stellantis sells 5 billion euros in bonds to bolster finances after EV charges
Stellantis logo is pictured at one of its assembly plants following a company's announcement saying it will pause production there, in Toluca, state of Mexico, Mexico April 4, 2025.... Purchase Licensing Rights, opens new tab Read more
CompaniesMILAN, March 11 (Reuters) - Stellantis (STLAM.MI), opens new tab said on Wednesday it has priced a multi-tranche 5 billion euro ($5.8 billion) equivalent hybrid bond offering, tapping capital markets weeks after it announced multi-billion charges in a major reset of its electric vehicle strategy.
The automaker announced last month it was taking 22.2 billion euros in impairments after rolling back its electric-vehicle (EV) push, a shift CEO Antonio Filosa attributed to overestimating how quickly customers would switch to cleaner driving.
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.
As part of the move, Stellantis announced it would issue up to 5 billion euros in non-convertible subordinated perpetual hybrid bonds to help it preserve a strong balance sheet and available liquidity.
Stellantis said on Wednesday the bond offering - which was executed on Tuesday - consisted of three tranches: 2.2 billion euros in perpetual fixed‑rate resettable notes with a 5.25-year non-call period and a 6.25% coupon; 1.8 billion in perpetual notes with an 8-year non-call period and a 6.875% coupon; 865 million pounds ($1.16 billion) in perpetual notes with a 6.5‑year non-call period initially paying an 8.25% coupon.
"This issuance will further strengthen Stellantis' capital structure and liquidity position," the Jeep-to-Peugeot maker said in a statement.
The notes settlement is expected on March 16.
The automaker, whose brands also include Ram, Chrysler, Fiat and Citroen, is shifting to put greater emphasis on hybrid and internal combustion models - versus former CEO Carlos Tavares' EV-centred strategy - arguing demand for fully electric vehicles has lagged earlier projections, particularly in the United States.
Stellantis will present its new long-term business plan on May 21.
($1 = 0.8595 euros)
($1 = 0.7441 pounds)
Reporting by Giulio Piovaccari Editing by Keith Weir
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-11 09:301mo ago
2026-03-11 04:381mo ago
Balfour Beatty surges after results and buyback beat expectations
Shares in Balfour Beatty plc (LSE:BBY) jumped 6.5% to 747.82p in early trading after the construction and infrastructure group delivered full-year earnings per share 7% ahead of analyst forecasts, with a larger-than-expected share buyback adding further fuel to the rally.
The order book stood at £22.7 billion at year end, up 23% and including more UK power generation and defence contracts, along with US building work providing visibility out to 2027.
Panmure Liberum analyst Joe Brent said the earnings beat was driven by higher disposal gains, lower interest and tax costs, and a better-than-feared performance from the US division, which delivered second-half profit of £25 million against guidance of around £20 million despite cost overruns at one civils project.
Average net cash came in at £1.2 billion, slightly ahead of forecasts, and Balfour Beatty completed its pension triennial review, bringing an end to deficit contributions beyond 2026 that had historically run at £24 million a year.
The £200 million buyback announced alongside the results was well ahead of the £125 million-plus that Brent had pencilled in, and he estimated it would be 2% and 4% earnings accretive in 2026 and 2027 respectively.
Brent saw a US recovery as likely as the problematic civils job completes mid-year, and a revised 2026 price-to-earnings multiple of 14 times as a further reason to remain positive on the shares.
2026-03-11 09:301mo ago
2026-03-11 04:401mo ago
The oil crisis will be prolonged as restarting production in the Gulf will take months: Kilduff
John Kilduff, Again Capital's founding partner, says that oil storage in the Gulf is "100% the problem" and adds that the energy market will remain under pressure for longer.
2026-03-11 09:301mo ago
2026-03-11 04:441mo ago
3 Beaten-Down Tech Stocks That Could Soar 40% or More, According to Wall Street
ServiceNow should be able to deliver solid revenue growth despite "SaaSpocalypse" worries. Microsoft's high capital expenditures aren't as concerning as some investors think.
2026-03-11 09:301mo ago
2026-03-11 04:451mo ago
Markel appoints Phil Jones as Chief Information Officer, International
, /PRNewswire/ -- Markel Insurance, the insurance operation within Markel Group Inc. (NYSE:MKL), today announced the appointment of Phil Jones as Chief Information Officer (CIO), International, effective immediately.
Phil Jones, Chief Information Officer, International In his new role, Jones will define and deliver the technology vision for Markel International, ensuring the organisation's systems, data and digital capabilities continue to evolve in line with its strategic focus on operational excellence. Working in close partnership with international leadership, Global Security Services and IT teams across Markel Group, he will focus on strengthening resilience, enhancing service quality and accelerating innovation across Markel's international operations.
Jones will also champion closer collaboration between technology and business teams, supporting Markel's ambition to unlock greater value from its data, modernise its technology foundations and empower teams across its five regional businesses through reliable, high‑performing systems. His appointment underscores Markel's continued investment in exceptional leadership to support scalable growth and strengthen capabilities across its diverse international markets.
Jones will be based in London and report to Carys Lawton-Bryce, Chief Operations Officer at Markel International.
On the appointment, Lawton-Bryce commented: "As the evolving risk landscape and competitive market continues to exert pressure on operations, it is critical that our technology is world-class.
"I'm delighted to welcome Phil to Markel in this important new role. His leadership will be instrumental as we continue to enhance our operational performance and provide brokers and clients with best-in-class service – today and in the future. Phil's extensive experience and deep expertise will help us take our technological capabilities to the next level across our international operations, and I look forward to working closely with him."
Jones joins Markel with extensive CIO and executive technology leadership experience spanning specialty insurance, financial services and government. Most recently, he served as Global Chief Information Officer at Aspen Insurance, where he led IT strategy, cloud transformation, cyber‑defence initiatives and a global technology workforce, delivering significant performance, security and cost‑efficiency improvements. His previous roles include Executive Director of Service Delivery and Operations at the UK Ministry of Defence, overseeing mission‑critical global IT services, and senior technology leadership positions at Prudential UK, Lloyds Banking Group and ATOS Consulting.
About Markel Insurance
We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.
SOURCE Markel
2026-03-11 09:301mo ago
2026-03-11 04:581mo ago
London BTC Company launch Tethered Gold companies to seek exploration opportunities
London BTC Company Ltd (LSE:BTC, OTCQB:VINZF) announced it has set up two wholly owned subsidiaries in Australia and Nevada as it looks to add gold exploration optionality alongside its bitcoin treasury strategy.
The London-listed group said Tethered Gold Pty Ltd and Tethered Gold LLC will provide the corporate structure to assess gold exploration, mineral claim staking and early-stage project development opportunities in two of the world’s busiest gold jurisdictions.
The company framed the move as part of a broader hard-asset strategy, with gold intended to sit alongside bitcoin as a hedge within the monetary system.
Chief executive Hewie Rattray said selective exposure to gold was “a logical extension” of the group’s focus on scarce assets.
"Gold has historically acted as a hedge within the broader monetary system, and the creation of Tethered Gold in Australia and Nevada provides the company with a platform to evaluate and secure gold exploration opportunities in two of the most active mining regions in the world," Rattray said.
The company said no material acquisitions or binding agreements have been entered into at this stage.
2026-03-11 09:301mo ago
2026-03-11 04:591mo ago
Meta to acquire Moltbook, the social network for AI agents
Moltbook, a social network built exclusively for AI agents, is shown on a computer screen Thursday, Feb. 5, 2026, in Los Angeles. Credit: AP Photo/Kaitlyn Huamani, File Meta said Tuesday it is acquiring Moltbook, a social network built exclusively for artificial intelligence agents to make posts and interact with each other.
A takeover of the AI experiment by the parent company of Facebook and Instagram comes weeks after Moltbook attracted viral attention as an unusual Reddit-like hub for AI systems trading gossip.
Meta's move reflects the tech industry's ongoing fascination with the promise of AI agents that go beyond a chatbot's capabilities in being able to act and perform tasks on a person's behalf.
Meta said in a statement that Moltbook introduced novel ideas in a "rapidly developing space" and will open "new ways for AI agents to work for people and businesses." Meta said it was hiring Moltbook co-founders Matt Schlicht and Ben Parr. The deal's financial terms weren't disclosed.
In a similar move, OpenAI, maker of ChatGPT, last month hired the creator of AI agent OpenClaw, formerly called Moltbot and the technology upon which Moltbook was built.
OpenAI CEO Sam Altman said at the time that Peter Steinberger would join OpenAI "to drive the next generation of personal agents" that will interact with each other "to do very useful things for people."
OpenClaw operates on users' own hardware and runs locally on their device, meaning it can access and manage files and data directly, and connect with messaging apps like Discord and Signal. Users who create OpenClaw agents then direct them to join Moltbook.
OpenAI also earlier this week said it was acquiring Promptfoo, an AI security platform that tests the behaviors and risks of agents.
Questions about the authenticity of content posted on Moltbook swirled in its first week of operation, when it was at its peak virality. Researchers at Wiz, a cloud security platform, published a report shortly after the platform launched detailing security vulnerabilities on the site, which have since been patched.
Citation: Meta to acquire Moltbook, the social network for AI agents (2026, March 11) retrieved 11 March 2026 from https://techxplore.com/news/2026-03-meta-moltbook-social-network-ai.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
2026-03-11 09:301mo ago
2026-03-11 05:001mo ago
More Than 100 Trillion Data Points Fuel C.H. Robinson's Leadership in Agentic Supply Chains
SHANGHAI--(BUSINESS WIRE)-- #ConsumerHealth--Haleon, a consumer company that is solely focused on better everyday health, is investing £65 million in a new state-of-the-art oral health manufacturing site in Shanghai. The facility will support the expansion of its oral care portfolio – which includes the global brands Sensodyne and parodontax – into China's fast-growing tier 2 and tier 3 cities, where rising incomes, growing awareness of everyday health and a shift towards trusted, branded products are reshaping.
2026-03-11 09:301mo ago
2026-03-11 05:001mo ago
Assurant Appoints Helen Sachdev as Chair of the UK Board of Directors
LONDON--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world's leading brands, today announced that Helen Sachdev will be appointed Chair of the Assurant UK Board of Directors, effective April 1, 2026, subject to regulatory approval. Ms. Sachdev will also serve as Chair of the Nomination Committee and member of the Audit, Risk and Compliance Committee. Lee Sturgeon, Ma.
2026-03-11 09:301mo ago
2026-03-11 05:001mo ago
36Kr Holdings Inc. to Report Second Half and Fiscal Year 2025 Financial Results on Tuesday, March 17, 2026
March 11, 2026 05:00 ET | Source: 36Kr Holdings Inc.
BEIJING, March 11, 2026 (GLOBE NEWSWIRE) -- 36Kr Holdings Inc. (“36Kr” or the “Company”) (NASDAQ: KRKR), a prominent brand and a pioneering platform dedicated to serving New Economy participants in China, today announced that it will report its second half and fiscal year 2025 unaudited financial results, on Tuesday, March 17, 2026, before the open of U.S. markets.
The Company’s management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on March 17, 2026 (8:00 p.m. Beijing/Hong Kong Time on March 17, 2026).
For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start time. Upon registration, each participant will receive dial-in details to join the conference call.
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.36kr.com.
A replay of the conference call will be available for one week from the date of the conference, by dialing the following telephone numbers:
United States:+1-855-883-1031International:+61-7-3107-6325Hong Kong, China:800-930-639Mainland China:400-120-9216Replay PIN:10053735 About 36Kr Holdings Inc.
36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of empowering New Economy participants to achieve more. The Company started its business with high-quality New Economy-focused content offerings, covering a variety of industries in China’s New Economy with diverse distribution channels. Leveraging traffic brought by high-quality content, the Company has expanded its offerings to business services, including online advertising services, enterprise value-added services and subscription services to address the evolving needs of New Economy companies and upgrading needs of traditional companies. The Company is supported by comprehensive database and strong data analytics capabilities. Through diverse service offerings and the significant brand influence, the Company is well-positioned to continuously capture the high growth potentials of China’s New Economy.
For more information, please visit: http://ir.36kr.com.
VANCOUVER, BC, March 11, 2026 – TheNewswire - Rush Gold Corp. (“Rush” or the “Company”) (CSE: RGN | OTCQB: RGNCF | FSE: B6H) is pleased to announce results of 2025 surface rock geochemical sampling completed at its Legal Tender and Skylight properties. The Legal Tender and Skylight properties are five kilometres apart, and both are located approximately 60 kilometers northwest of Tonopah, Nevada within the Royston Hills Republic Mining District, Nye County.
The 2025 Phase 1 geologic reconnaissance was designed to advance known gold and silver rock showings and ground truth satellite derived alteration anomalies (see the Company’s news release dated December 16, 2025). Rock geochemical sample results summarized below include the highest-grade silver value returned to date at Legal Tender, in addition to expansion of the Skylight gold trend to 1.2 km.
Of the 94 rock grab samples collected within the Legal Tender (60) and Skylight (34) properties, a total of 9 samples returned greater than 0.1 grams-per-tonne (g/t) gold (Au) and up to 2.41 g/t Au (Legal Tender); in addition to 9 samples greater than 20 g/t silver (Ag) and up to 2,770 g/t Ag (81 ounces/ton at Legal Tender). Highlights of the recently completed surface rock sampling are as follows:
Highest grade silver assay returned to date at Legal Tender of 2,770 g/t Ag (81 ounces/ton), in addition to 292 g/t Ag, and 105 g/t Ag; in addition to gold assays of 1 g/t Au and 2.41 g/t Au at the Hyland Target.
Current and historic rock sampling cements the Hyland target as the priority drill target within the Legal Tender Property, with a combined 400 metre northwest trending strike length, exhibiting laterally persistent vein system development exploited by numerous historic exploration pits and inclined shafts.
Widespread anomalous gold and silver values were returned from the Skylight Property over a 1.2 km north-south trend, which included: 0.23 g/t Au and 4.8 g/t Ag; 0.1 g/t Au and 3.8 g/t Ag; 0.19 g/t Au and 2.7 g/t Ag; and 0.13 g/t Au.
Gold-silver assays within the Skylight Property are associated with elevated arsenic values, and visible hydrothermal clay-kaolinite alteration, quartz veining and brecciated felsic rhyolite volcanic rocks consistent with a high-level low sulphidation epithermal environment.
In addition, the Company confirms that it has received the final WorldView-3 (WV-3) satellite alteration imagery processing report from PhotoSat. The Company’s technical team is currently integrating rock grab assays announced today with surface rock visible and short wave infra-red (VIS-SWIR) hyperspectral TerraSpec® analysis, and WV-3 satellite alteration imagery.
The result of this combined study is expected to expand existing gold silver targets and identify new exploration opportunities for additional ground follow up. A comprehensive review and integration of surface rock and satellite alteration targets is expected to be released in the coming weeks.
“With the release of the initial rock sample results, the Company has advanced near term drill targets on both the Skylight and Legal Tender properties," says Anthony Zelen, CEO of Rush Gold. He continues, “At Legal Tender we have identified a laterally persistent high grade silver-base metals vein system, which lends itself to potential delineation by surface drilling. At Skylight the assays demonstrate the presence of what the Company believes may be the upper reaches of a widespread gold-primary hydrothermal system. We look forward now to turning attention to the drill permitting process and integrating additional results from the WV-3 alteration study.”
Table 1: Legal Tender and Skylight Properties Significant Rock Assay Results
Sample ID
Property
Au (g/t)
Ag (g/t)
Cu (%)
Pb (%)
Zn (%)
E07102
Legal Tender
-
25
-
-
0.09
E07121
0.19
105
-
-
-
E07153
0.11
167
-
-
-
E07172
1.01
2,770
0.21
0.47
0.23
E07176
-
39
-
-
0.07
E07206
-
48
-
-
-
E07207
0.37
787
0.10
0.76
1.28
E07253
2.41
292
0.10
0.08
0.02
E07254
-
29
-
-
0.05
E07116
Skylight
0.23
5
-
-
-
E07129
0.13
0 -
-
-
E07137
0.10
4
-
-
-
E07140
0.19
3
-
-
-
Figure 1: Skylight and Legal Tender Properties 2025 Rock Sample Assay Results (Silver)
Click Image To View Full Size
Figure 2: Skylight and Legal Tender Properties 2025 Rock Sample Assay Results (Gold)
Click Image To View Full Size
Methodology and QA/QC
The analytical work reported on herein was performed by ALS Global (“ALS”), Kamloops, Canada. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of Rush. and its qualified person, Kristopher Raffle. Rock samples were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250-gram split to 85% passing 75 microns. Base and precious metals were determined via four-acid digestion 48 element ICP-MS geochemistry and overlimit values for silver (100 g/t) and zinc (>10,000 g/t) were analyzed via four-acid digestion ICP-AES or AAS. Gold, and silver values returning greater than 1,500 g/t were analyzed by 30-gram fire-assay with AAS or gravimetric finish.
Rock grab samples are selective by nature and as such are not necessarily representative of mineralization or grades across defined intervals. Continued exploration including but not limited to trenching and/or diamond drilling will be required to confirm the grade and continuity of mineralized zones. Rush has relied on the internal quality assurance/quality control (QA/QC) measures of ALS, which include the insertion of standard, blank and duplicate samples into the sample stream to confirm the accuracy of the reported results. Rush detected no significant QA/QC issues during review of the data, and is not aware of any sampling, or other factors that could materially affect the accuracy of the results.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle is a director of Rush and accordingly is not independent of the Company. Mr. Raffle has verified the data disclosed herein, which included a review of the sampling, analytical and test methods underlying the data, information and opinions contained in this news release.
Non-Brokered Financing
The Company is pleased to announce a non-brokered private placement (the “Offering”) of up to 20 million common shares (each, a “Share”) at a price of CAD$0.10 per Share to raise proceeds of up to CAD$2,000,000.
Proceeds from the Offering are intended to be used for general working capital.
The issuance of securities in connection with this Offering will be subject to Canadian Securities Exchange (“CSE”) approval and the securities will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable Canadian securities laws. The Company may elect to pay a finder’s fee to eligible finders in connection with applicable securities laws and CSE policies in connection with the Offering. The Offering may close in multiple tranches.
This news release does not constitute an offer to sell or a solicitation of an offer to sell securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Correction to February 26, 2026 News Release
The Company wishes to clarify and correct its news release dated February 26, 2026, entitled "Rush Gold Retains Momentum PR for Investor Relations," with respect to the vesting terms of the stock options granted to Momentum Public Relations Inc. ("Momentum PR"). The stock options issuable to Momentum PR will vest as to one-quarter every three months from the date of grant. All other terms of the Momentum PR agreement remain as previously disclosed.
About Rush Gold Corp.
Rush Gold is a Canadian mining exploration company focused on advancing its Skylight gold property, located in the Republic Mining District, Nye County, Nevada, in the USA. Rush Gold also holds an option on the Legal Tender property, a historic silver-gold project located 62 kilometers northwest of Tonopah, Nevada.
For further information, please contact:
Anthony Zelen, Director and Chief Executive Officer
Forward-Looking Statements The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements, including statements respecting the potential for delineation of mineralized zones by surface drilling; the Company’s belief regarding the nature of the hydrothermal system at Skylight; the expected outcomes of the combined satellite and rock sample study; the anticipated release of the comprehensive review and integration of surface rock and satellite alteration targets; the Company’s plans for drill permitting; the Company’s plans for its Skylight and Legal Tender properties; the Offering and the intended use of proceeds therefrom; and the vesting terms of the stock options issuable to Momentum PR. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
2026-03-11 09:301mo ago
2026-03-11 05:001mo ago
Nasdaq® Verafin Report Finds the Financial Crime Epidemic Reaching Alarming New Heights as Illicit Financial Activity Surges to $4.4 Trillion in 2025
Criminal Networks Leverage Technological Advancements to Drive Fraud Losses of Over Half a Trillion Dollars Worldwide
To Accelerate Efforts to Combat Fraud and Scams, Nasdaq Verafin to Announce Pledge to Catalyze Private Sector Collaboration with UN Office on Drugs and Crime
NEW YORK, March 11, 2026 (GLOBE NEWSWIRE) -- Nasdaq Verafin has released its 2026 Global Financial Crime Report, the second edition of a comprehensive research initiative that provides insights into the scope and scale of financial crime worldwide. Combining proprietary data modeling, a survey of more than 500 financial crime professionals, and in-depth interviews with senior executives, this report provides the company’s most rigorous analysis of industry threats, priorities, and opportunities to date.
The 2026 Global Financial Crime Report found that since 2023 illicit financial activity has surged by $1.3 trillion, pushing the scale of the global financial crime epidemic to an estimated $4.4 trillion. With a compound annual growth rate of 19.2% over two years, this growth in the scope, scale, and evolution of financial crime fundamentally threatens the integrity of the financial system, powering insidious and destabilizing crimes such as human trafficking and terrorism. As trillions of dollars in illicit funds flowed through the financial system, there was significant growth across every measured typology, with illicit flows reaching:
$1.1 trillion in drug trafficking activity, with annualized growth of 17.1%$528.5 billion in human trafficking, with annualized growth of 23.5%$16.2 billion in terrorist financing, with annualized growth of 18.8% In addition, fraud scams and bank fraud schemes led to $579.4 billion in losses globally. Notably, losses from fraud scams are growing more than twice the rate of bank fraud, reaching $62 billion and growing at a compound annual growth rate of 19.3% over the last two years. Powering this dramatic rise in scam losses is the widespread use of AI by criminal networks, who leverage advances in technology to exploit vulnerabilities in the financial system. The speed at which this new threat has saturated the market is alarming – 90% of the financial crime professionals surveyed in this report noted an increase in AI-driven attacks at their institution over the past two years.
“We are currently in the midst of a full-blown financial crime crisis, powered by criminal networks that are leveraging AI to super-charge scam playbooks and operating with the scale and coordination of multinational corporations,” said Stephanie Champion, Executive Vice President and Head of Nasdaq Verafin. “While AI has emerged as a key tool for criminals, the industry recognizes the potential of the technology to become its most valuable asset in the fight against financial crime. Cutting-edge technology, combined with improved public-private and private-private collaboration creates a network effect, magnifying the reach of our collective efforts and helping remove criminals from the financial system for good.”
Financial institutions are on the front lines of the fight against financial crime, but they cannot defeat criminal threats alone. The scale and complexity of today’s crisis require collective action across every sector impacted by the financial crime ecosystem. Embedded throughout the 2026 Global Financial Crime Report are spotlights on organizations demonstrating coordinated action in the fight against financial crime. The organizations highlighted in this report offer a blueprint for what successful collaboration looks like between the public and private sector, as well as between financial institutions and across industries.
To further advance collaborative efforts in the fight against financial crime, Nasdaq Verafin is announcing a pledge to support the efforts of the United Nations Office on Drugs and Crime (UNODC) to combat financial crime and fraud by mobilizing collective action within the private sector. Nasdaq Verafin, with the substantive contribution of UNODC, will host a series of convenings of private sector leaders at the center of the fight against financial crime, beginning with a special in-person summit on October 20th at the Nasdaq MarketSite in New York. The convenings will include workshops and roundtables focused on emerging threats and actionable steps for improving cross-sector collaboration to fight fraud, scams, and money laundering.
The 2026 Global Financial Crime Report was produced by Nasdaq Verafin in collaboration with Celent and Oliver Wyman, leveraging a custom data model developed from public and private sources to calculate scale of global crime.
To read the full report and learn more about Nasdaq Verafin’s pledge to fight financial crime, please visit: https://verafin.com/nasdaq-verafin-global-financial-crime-report.
About Nasdaq Verafin
Nasdaq Verafin provides Financial Crime Management Technology solutions for Fraud Detection and Management, AML/CFT Compliance and Management, High Risk Customer Management, Sanctions Screening and Management, and Information Sharing. More than 2,750 financial institutions, representing $11 trillion in collective assets, use Nasdaq Verafin to prevent fraud and strengthen AML/CFT efforts. Visit www.verafin.com to learn more.
Information set forth in this release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “will,” “may”, and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to future activities and results. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Inturai uses AI to build, test and deploy its own platform, creating structural speed and cost advantages as it scales across regulated markets Automation-driven engineering model supports faster go-to-market cycles and customer responsiveness AI-native infrastructure creates durable speed and efficiency advantages versus traditional hardware-heavy competitors , /PRNewswire/ - Inturai Ventures Corp. (the "Company") (CSE: URAI) (OTC: URAIF) (FSE: 3QG0) is pleased to provide an update on how it is leveraging artificial intelligence not only within its product stack, but across its internal operating model to enhance speed, scalability and capital efficiency.
Inturai is building AI-powered infrastructure while simultaneously using AI to scale its own execution.
The Company leverages AI-assisted coding frameworks, AI-generated development scripts and automated unit test generation to accelerate feature releases and platform enhancements. This AI-augmented workflow reduces development cycles, standardises engineering output and minimises manual overhead.
The result is a lean technical organisation capable of delivering enterprise-grade spatial intelligence infrastructure at a velocity typically associated with significantly larger teams.
From a go-to-market perspective, Inturai has implemented deployment automation scripts that streamline configuration, onboarding and integration across customer environments. This reduces implementation friction and shortens the timeline from commercial agreement to operational deployment.
For investors, the implications are clear:
Faster product iteration without proportional headcount growth. Lower engineering cost per deployment. Repeatable and standardised rollouts across sectors. Reduced regression risk through automated testing. Improved operating leverage as commercial scale increases This AI-native operating model aligns with the broader capital markets shift toward companies capable of scaling revenue without scaling cost structures at the same rate.
Combined with its on-site machine learning training and classification framework and hardware-light deployment architecture, Inturai is positioning itself as a scalable AI automation platform across healthcare, defence and industrial markets.
Security remains embedded at the infrastructure layer, supported by previously announced quantum-safe edge capabilities.
Management believes that companies capable of using AI to build, test and deploy AI infrastructure create structural advantages in speed, margin expansion and capital efficiency. Inturai is executing with that mandate. Further operational and commercial updates will be provided as milestones are achieved.
Engagement of Winning Media Media LLC
The Company is also pleased to announce that it has engaged Winning Media LLC ("Winning Media"), an arm's length party, to provide digital marketing services to the Company.
Pursuant to the terms of the digital marketing services agreement between the Company and Winning Media (the "Agreement"), Winning Media will provide digital marketing services including omnichannel programmatic advertising, SMS and email marketing, ticker tagging, and adcopy and content by professional finance writers for a term of one (1) month, commencing March 13, 2026 until April 17, 2026, and will receive a fee of USD$100,000 (the "Fee") as consideration for its services during the term of the Agreement. One-half of the Fee will be payable immediately and the remaining amount of the Fee is payable within two weeks of the services provided. Neither Winning Media or any of its principals currently own any interest, directly or indirectly, in the Company or its securities, or have any right or intent to acquire such an interest.
The services provided by Winning Media will be primarily provided by Ty Hoffer, the principal of Winning Media. Winning Media LLC, a Texas limited liability company, with its principal address located at 1415 S Voss, Suite 110 – 431 Houston, Texas, 77057.
On behalf of the Board of Directors
About Inturai Ventures
Inturai Ventures is advancing intelligent environments with cutting-edge AI technologies, transforming industries such as healthcare, military, smart homes, and industrial applications. For more information, visit www.inturai.com. For investor inquiries:
This document contains certain forward-looking statements that are based on assumptions as of the date of this news release. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
SOURCE INTURAI VENTURES CORP.
2026-03-11 09:301mo ago
2026-03-11 05:001mo ago
Yiren Digital to Report Fourth Quarter and Full Year 2025 Financial Results on March 19, 2026
, /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading fintech company specializing in digital consumer lending, insurance and financial technology innovation across China and global markets, announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2025 before U.S. market opens on Thursday, March 19, 2026.
Yiren Digital's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on March 19, 2026 (or 8:00 p.m. Beijing/Hong Kong Time on March 19, 2026).
Participants who wish to join the call should register online in advance of the conference at: https://dpregister.com/sreg/10207200/1036f9b7260.
Once registration is completed, participants will receive the dial-in details for the conference call.
Additionally, a live and archived webcast of the conference call will be available at https://ir.yiren.com.
About Yiren Digital
Yiren Digital Ltd. is a leading fintech company specializing in digital consumer lending, insurance, and financial technology innovation across China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. With the successful filing of the in-house developed Large Language Model Zhiyu, the substantial upgrade of its Magicube Agent platform, Yiren Digital is establishing a new growth engine to position itself as an AI-powered next generation fintech leader. For more information, please visit https://ir.yiren.com.
March 11, 2026 05:04 ET | Source: Canaccord Genuity Wealth Limited
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION
(a) Full name of discloser:CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates:
Use a separate form for each offeror/offereeAUGMENTUM FINTECH PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:N/a(e) Date position held/dealing undertaken:
For an opening position disclosure, state the latest practicable date prior to the disclosure10 MARCH 2026(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state “N/A”N/A 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
Class of relevant security:1p ORDINARY InterestsShort positionsNumber%Number%(1) Relevant securities owned and/or controlled:2,269,5031.3567 (2) Cash-settled derivatives: (3) Stock-settled derivatives (including options) and agreements to purchase/sell: TOTAL:2,269,5031.3567 All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors’ and other employee options)
Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant securityPurchase/saleNumber of securitiesPrice per unit1p ORDINARYSALE5,000108.05p (b) Cash-settled derivative transactions
Class of relevant securityProduct description
e.g. CFDNature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short positionNumber of reference securitiesPrice per unitNONE (c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant securityProduct description e.g. call optionWriting, purchasing, selling, varying etc.Number of securities to which option relatesExercise price per unitType
e.g. American, European etc.Expiry dateOption money paid/ received per unitNONE (ii) Exercise
Class of relevant securityProduct description
e.g. call optionExercising/ exercised againstNumber of securitiesExercise price per unit (d) Other dealings (including subscribing for new securities)
Class of relevant securityNature of dealing
e.g. subscription, conversionDetailsPrice per unit (if applicable)NONE 4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”NONE
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”NONE
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached?NO Date of disclosure:11 MARCH 2026Contact name:PHIL HULMETelephone number:01253 376551 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
2026-03-11 09:301mo ago
2026-03-11 05:051mo ago
Will Morgan Stanley's Strategic Collaborations Drive Long-Term Growth? (Revised)
Key Takeaways MS acquired EquityZen in January 2026, adding a platform for trading private-company shares.MS partnered with Zerohash to enable Bitcoin, Ether and Solana trading, with rollout expected soon.Morgan Stanley deepens Snowflake AI data work and expands its MUFG brokerage alliance in Japan. For Morgan Stanley (MS - Free Report) , collaborations have become a key pillar of long-term growth. By partnering with technology firms, digital-asset infrastructure providers and private-market platforms, the global investment bank is expanding its capabilities, improving operational efficiency and entering new markets.
These partnerships are expected to strengthen its competitive position and support sustainable expansion over the coming years.
Some Notable Morgan Stanley CollaborationsIn January 2026, Morgan Stanley acquired EquityZen, a platform for trading shares of private companies, reflecting its strategy to deepen exposure to high-growth private firms that are staying private longer. The platform connects investors with employees and early stakeholders seeking liquidity, enabling the bank to broaden investment opportunities for its wealth-management clients.
In September 2025, Morgan Stanley teamed up with crypto infrastructure provider Zerohash to enable cryptocurrency trading on its E*TRADE platform. Under this partnership, MS plans to allow E*TRADE clients to trade major cryptocurrencies such as Bitcoin, Ether and Solana, with the rollout expected to begin in the first half of 2026. Zerohash will provide the backend infrastructure for crypto trading, including services, such as liquidity, custody and settlement. The move reflects Morgan Stanley’s broader strategy to expand into digital assets and compete with platforms that already offer crypto trading, while integrating digital assets into its existing wealth-management and retail-brokerage ecosystem.
Morgan Stanley has also developed a long-standing partnership with Snowflake, a data-cloud company that powers many of the bank’s analytics and artificial intelligence (AI) initiatives. Over the past several years, the collaboration has evolved from basic data warehousing to advanced AI-driven workloads that enhance customer insights, operational efficiency and regulatory compliance.
Along with the above-mentioned collaborations, Morgan Stanley’s partnership with Mitsubishi UFJ Financial Group, Inc. is expected to keep supporting profitability. In 2023, the companies announced plans to deepen their 15-year alliance by merging certain operations within their Japanese brokerage joint ventures. The new alliance saw combined Japanese equity research, sales and execution services for institutional clients at Mitsubishi UFJ Morgan Stanley Securities and Morgan Stanley MUFG Securities.
Overall, strategic collaborations allow Morgan Stanley to access new technologies, markets and client segments without building every capability internally. If these collaborations continue to deliver new products, efficiencies and revenue opportunities, they will play a significant role in supporting Morgan Stanley’s long-term expansion.
Morgan Stanley’s Competitive LandscapePeers of Morgan Stanley like Citigroup (C - Free Report) and JPMorgan (JPM - Free Report) have also entered collaborations to strengthen their technology capabilities, expand lending platforms and improve client services. These partnerships illustrate how large investment banks are increasingly relying on alliances to accelerate innovation and market expansion.
Citigroup has been broadening its presence in the lucrative private lending business through collaborations. In September 2025, Citigroup launched an $80-billion customized portfolio offering with BlackRock, providing clients with tailored exposure across public and private markets. In June 2025, the company announced a partnership with Carlyle Group to expand asset-based private credit opportunities in the fintech specialty lending space.
The collaboration combines Carlyle’s structuring expertise with Citigroup’s SPRINT (Spread Products Investment in Technologies) team and market reach to co-invest in tailored financing solutions.
JPMorgan has collaborated with fintech firms to enhance lending and payments capabilities. For example, the bank partnered with OnDeck to streamline small-business lending. By using OnDeck’s digital loan-processing technology, JPMorgan has been able to speed up approval times and improve access to credit for small businesses, strengthening its position in the commercial lending market.
Morgan Stanley’s Price Performance, Valuation & EstimatesIn the past six months, the company’s shares have gained 2.5% against the industry’s 2.4% decline.
Image Source: Zacks Investment Research
From a valuation standpoint, MS trades at a 12-month forward price-to-earnings (P/E) of 14.27X, above the industry average of 13.03X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Morgan Stanley’s 2026 earnings suggests an 8.6% rise on a year-over-year basis, while 2027 earnings are expected to grow 7%. In the past 30 days, earnings estimates for 2026 and 2027 have moved upward.
Image Source: Zacks Investment Research
2026-03-11 09:301mo ago
2026-03-11 05:071mo ago
Italy's MPS, Mediobanca approve merger plans after boardroom crisis
View of the entrance to the headquarters of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as part of a planned corporate merger, in Siena,... Purchase Licensing Rights, opens new tab Read more
SummaryCompaniesMPS to issue 1.6 billion euros in new sharesSeeks new CEO after boardroom tensionsMPS to spin off Mediobanca brand into unlisted unitMILAN, March 11 (Reuters) - Italian banks Monte dei Paschi di Siena (MPS) (BMPS.MI), opens new tab and Mediobanca (MDBI.MI), opens new tab have approved steps toward a full merger, after tensions among shareholders and directors over the plan led the MPS board to vote against retaining its CEO.
MPS said late on Tuesday it would issue up to 1.6 billion euros ($1.9 billion) in new shares and offer Mediobanca investors 2.45 MPS shares for each Mediobanca share tendered. The aim is to buy the 14% of the partner it doesn't already own and take it private.
The Week in Breakingviews newsletter offers insights and ideas from Reuters' global financial commentary team. Sign up here.
The exchange ratio implies a roughly 3% premium to Tuesday's closing prices when adjusted for dividend payments, Reuters calculations showed. Shares in both banks rose in early trade, bucking a weakening in the sector (.FTITLMS3010), opens new tab.
NEW CEO SOUGHTThe full merger is in line with the strategy for the combined group MPS Chief Executive Luigi Lovaglio presented to investors on February 27, before the bank's board voted to deny him a new mandate.
MPS has put forward three alternative CEO candidates for shareholders to vote on in April, with no rival list presented so far.
Lovaglio, who led the bank’s restructuring, its return to private ownership and the takeover of its larger rival, had won backing from top shareholder Delfin and Italy's Treasury but not from No. 2 investor, Francesco Gaetano Caltagirone.
Caltagirone did not view the full Mediobanca acquisition as a priority despite pressure from the European Central Bank to complete the plan, sources have previously said.
MPS will spin Mediobanca off into an unlisted unit, which will retain the Mediobanca brand, the wealth management, and investment banking businesses of the Milan lender it bought in a 16 billion euro cash‑and‑share deal.
The acquisition, eight years after MPS was rescued by the state, was the largest transaction in a consolidation wave reshaping Italy's banking sector.
MPS said Jefferies, JPMorgan, UBS, and Alvarez and Marsal acted as financial advisers, while Mediobanca worked with Morgan Stanley and Rothschild.
($1 = 0.8595 euros)
Reporting by Valentina Za, editing by Andrei Khalip
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-11 09:301mo ago
2026-03-11 05:081mo ago
NICE's Cloud Growth And AI Demand Support More Upside (Rating Upgrade)
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-11 09:301mo ago
2026-03-11 05:131mo ago
Eli Lilly to invest $3 billion in China over next decade
A drone view shows the Eli Lilly logo on one of the company’s offices in San Diego, California, U.S., November 21, 2025. REUTERS/Mike Blake/File Photo Purchase Licensing Rights, opens new tab
BEIJING, March 11 (Reuters) - Eli Lilly (LLY.N), opens new tab plans to invest $3 billion over the next decade to expand supply chain capacity in China and build production capacity for type-2 diabetes and obesity treatment orforglipron, the pharmaceuticals giant said in a statement.
The company submitted marketing application for orforglipron to China's drug regulator at the end of 2025, it said.
Keep up with the latest medical breakthroughs and healthcare trends with the Reuters Health Rounds newsletter. Sign up here.
It also aims to establish a localised manufacturing and supply system for oral solid dosage forms, the statement showed.
Reporting by Beijing Newsroom. Editing by Mark Potter
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-11 09:301mo ago
2026-03-11 05:171mo ago
Oil Prices Jump After U.S. Hits Iran Mine Ships. But This Could Trigger a Wild Swing Wednesday.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of AVAV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
, /PRNewswire/ -- Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in the UK.
Rigorously vetted and negotiated for us travel enthusiasts:
£119—GLOUCESTERSHIRE: IDYLLIC RURAL RETREAT WITH DINNER
Corse Lawn House Hotel is set in 12 acres of Gloucestershire countryside. The pink-brick, Queen Anne-style property is surrounded by fields, paddocks, and a duck pond. This overnight stay in a Superior King Room. We pay less than £60 per person. £399—TWO NIGHTS IN ONE OF ENGLAND'S LEADING RESORTS
The Belfry Hotel and Resort won the World Travel Award for England's Leading Resort nine years in a row. It has a luxury spa and a world-class golf course. For £399, a 2-night stay comes with dinner, a bottle of prosecco, and breakfast. Also included is a 60-minute spa treatment per person on both days! £299PP—A WEEK IN A TUSCAN CASTLE FOR FOUR, WITH CAR HIRE
The exact origin of Castello di Montegufoni is unknown, but it's thought to be between the 10th and 11th centuries. Now, it's home to self-catered accommodation. For £299 per person (based on four sharing) we get return flights, a week in a 2-bedroom apartment, and car hire. Florence, Pisa, and Siena are all less than an hour away. Offers have limited inventory and are subject to availability.
Are you a travel enthusiast? Join the club today: https://travelzoo.com
Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.
Media Contact:
Cat Jordan – London
+44 77 7678 1525
[email protected]
SOURCE Travelzoo
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2026-03-11 08:301mo ago
2026-03-11 03:261mo ago
Oil prices hold below $90 as traders shrug off prospect of historic reserve release
Oil prices were volatile early on Wednesday, despite a report that there would be a historic release of emergency reserves from the International Energy Agency.
By 2:37 a.m. ET, global benchmark Brent crude futures were flat at $87.75 a barrel, while U.S. crude oil gained 0.7% to trade at almost $84 a barrel.
Crude oil prices
On Tuesday, G7 energy ministers convened in Paris to discuss the U.S.-Iran war and its impact on global oil and gas markets. The conflict has disrupted energy production in the Middle East and led to a blockade in the Strait of Hormuz, a critical shipping route.
The Wall Street Journal reported Tuesday evening that the IEA had proposed the largest ever release of oil from its strategic reserves, exceeding the 182 million barrels that its member states put on the market following Russia's full-scale invasion of Ukraine in 2022. Countries are set to decide on Wednesday whether to release emergency oil stocks.
The IEA did not immediately respond to a request for comment from CNBC.
In a Tuesday statement, IEA Executive Director Fatih Birol said member countries currently hold over 1.2 billion barrels of public emergency oil stocks, with a further 600 million barrels of industry stocks held under government obligation.
Read more U.S.-Iran war newsU.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of HormuzIran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterwayFormer Israeli Ambassador: Iran war won't end in a few daysPrediction markets face questions amid Iran war, nuclear detonation wagersRussia told Trump it has not shared intelligence with Iran during war, Witkoff saysOil retreats even after Energy Secretary wrongly claims Navy escorted tanker through Strait of HormuzStrait of Hormuz will partially reopen in 2-3 weeks: David RocheThe Iran war threatens LPG supply. India's restaurants are in troubleIran defends strikes on Gulf neighbors — but they say trust is brokenWhy China can withstand oil's surge past $100 more easily than other countriesTrump says oil price surge is a 'small price to pay' for defeating IranPRO: Oil price surge could boost these Chinese stocks, Goldman says"In oil markets, conditions have deteriorated in recent days," Birol said, pointing to transit challenges as well as a substantial curtailing of oil production.
"This is creating significant and growing risks for the market," he added. "We discussed all the available options, including making IEA emergency oil stocks available to the market."
On Tuesday, oil prices fell drastically after a post on U.S. Secretary of Energy Chris Wright's social media account wrongly stated that the U.S. Navy had escorted a tanker through the Strait of Hormuz.
White House Press Secretary Karoline Leavitt later told reporters the U.S. Navy had "not escorted a tanker or a vessel at this time."
watch now
"We really think that the critical factor remains the war's duration, so these releases of the IEA's stocks really buys us a few days, but in reality, really it all depends on the opening of the Strait of Hormuz," Sasha Foss, energy market analyst at Marex, told CNBC's "Europe Early Europe" on Wednesday.
"This conflict needs to end by the end of the week. Otherwise, we'll see oil prices spike back up over $100," Foss said.
Other market watchers have warned that a drawn-out conflict between the U.S. and Iran could push oil back above the $100 threshold.
"If tensions de-escalate in the coming weeks, oil prices could retreat … but even in that scenario, it is unlikely prices will return to the $60–$70 range seen earlier this year," Paul Gooden, head of global natural resources at Ninety One, said in a Tuesday note.
"If the disruption lasts longer, the consequences become more significant. Oil prices could spike further – potentially above $120 or even higher – until higher prices begin to curb demand."
Quadient (Euronext Paris: QDT) will release its 2025 full-year results on Wednesday, 25 March 2026, after the close of trading on the Euronext Paris stock exchange.
Geoffrey Godet, Chief Executive Officer, and Laurent du Passage, Chief Financial Officer, will host a live webcast and conference call to discuss the Group’s performance at 6:00pm CET (5:00pm GMT) on the same day. The presentation will be conducted in English and will be followed by a Q&A session.
Wednesday, 25 March 2026
6:00pm (CET), 5:00pm (GMT)
WEBCAST
The live webcast and the presentation slides will be accessible online on the Group’s Investor Relations website (https://invest.quadient.com/) and through the following link:
It doesn't take a stock market genius to know where the big money has moved in recent days. The aftermath of the attack on Iran by the U.S. and Israel has caused energy stocks to soar.
Exchange-traded funds (ETFs) offer a way for investors who aren't comfortable picking individual winners to profit from the energy stock boom. But what's the best oil and gas ETF to invest $1,000 in right now?
Image source: Getty Images.
Own the energy giants There are several good choices, but I think the best oil and gas ETF to buy is the State Street Energy Select Sector SPDR ETF (XLE 1.28%). This ETF owns 22 of the strongest energy stocks on the market.
Importantly, three energy giants make up 48% of the State Street Energy Select Sector SPDR ETF's total assets: ExxonMobil (XOM 1.57%), Chevron (CVX 1.60%), and ConocoPhillips (COP 2.49%). These three companies rank among the world's largest energy companies by market cap.
With Iran effectively blocking traffic through the Strait of Hormuz, oil produced in the U.S. Permian Basin has become a hot commodity. ExxonMobil, Chevron, and ConocoPhillips are among the largest oil producers in the Permian Basin, with ExxonMobil holding the top spot.
Unsurprisingly, the performance of these three stocks closely tracks that of the State Street Energy Select Sector SPDR ETF. All four assets have soared more than 20% year to date.
NYSEMKT: XLESelect Sector SPDR Trust - State Street Energy Select Sector SPDR ETF
Today's Change
(
-1.28
%) $
-0.72
Current Price
$
55.60
An "anti-bubble" alternative No one knows how long the Middle East crisis will last. It's quite possible that oil prices (and energy stocks) could decline sharply in the coming months. Investing in the State Street Energy Select SPDR ETF provides a relatively safe alternative if the bubble bursts.
The ETF's top three holdings are integrated major oil and gas companies that operate across the full spectrum of the oil and gas industry, from exploration to refining and distribution. If oil prices drop, ExxonMobil's, Chevron's, and ConocoPhillips' diversified business models should provide a cushion that smaller oil and gas exploration companies can't. I think this makes the State Street Energy Select SPDR ETF a better option than other oil and gas ETFs.
This fund is also valued attractively despite the recent surge in oil prices. Its trailing 12-month price-to-earnings ratio is only 20x, well below the S&P 500's (^GSPC 0.21%) earnings multiple of 29x.
Last, but not least, the State Street Energy Select SPDR ETF pays investors solid income regardless of how oil and gas prices fluctuate. Its distribution yield currently stands at 2.6%.
Keith Speights has positions in Chevron and ExxonMobil. The Motley Fool has positions in and recommends Chevron. The Motley Fool recommends ConocoPhillips. The Motley Fool has a disclosure policy.
2026-03-11 08:301mo ago
2026-03-11 03:451mo ago
2 Dow Jones Dividend Stocks to Double Up on and Buy in March
The Dow Jones Industrial Average (^DJI 0.07%) contains 30 industry-leading components -- almost all of which pay dividends. These companies act as bellwethers for their respective sectors, making the Dow a good starting point for investors looking for dividend stocks to round out their portfolios.
Here's why the recent sell-off in Dow stocks Home Depot (HD +1.01%) and Sherwin-Williams (SHW 0.92%) is a buying opportunity for long-term investors.
Image source: Getty Images.
A swift sell-off Last week, Home Depot fell 6% and Sherwin-Williams fell 9%. This was far worse than the 2% sell-off in the S&P 500 (^GSPC 0.21%) as supply chain disruptions, higher oil prices, geopolitical tensions, and economic uncertainty weighed on consumer discretionary, industrial, and materials stocks.
Both stocks had been up big year to date as mortgage interest rates hit their lowest point since 2022. Lower interest rates reduce borrowing costs, making it less expensive to buy or refinance a home. However, as research from The Motley Fool shows, the average cost of a mortgage refinance is $3,398. So homeowners only refinance if there's a big enough difference between their existing interest rate and the new rate for it to make sense.
Lower interest rates also make it more affordable to fund do-it-yourself home improvement projects and are generally good for economic growth -- benefiting the commercial and industrial customers.
Home Depot has been waiting years for rates to come down, with management tempering investor expectations but preparing for a multi-year expansion period with major acquisitions that target professional contractors.
Meanwhile, Sherwin-Williams is generally more diversified than Home Depot because it is vertically integrated through manufacturing and distribution and has a massive commercial and industrial business that makes it less vulnerable to slowdowns in consumer discretionary spending on do-it-yourself projects.
Today's Change
(
1.01
%) $
3.56
Current Price
$
357.12
Sherwin-Williams is delivering far better results than Home Depot Sherwin-Williams has been executing at a high level, with steady earnings growth and high margins. Home Depot has failed to return to its record performance from a few years ago, when interest rates were lower and consumers were spending heavily on home improvement projects during the COVID-19 pandemic.
HD Operating Margin (TTM) data by YCharts
Because Sherwin-Williams is more diversified and less cyclical, it has historically commanded a higher multiple than Home Depot.
HD PE Ratio data by YCharts
Both stocks are reasonably good values now, with Sherwin-Williams hovering around its 10-year average price-to-earnings ratio and Home Depot trading at a slight premium. Although, bear in mind that Home Depot could become too cheap to ignore if the cycle shifts and its earnings growth rapidly accelerates.
Stable and growing dividends Home Depot has boosted its dividend payout every year since 2010 and yields 2.6%.
Meanwhile, Sherwin-Williams just raised its dividend for the 47th consecutive year, but it only yields 1% because the stock has performed so well.
Both companies regularly repurchase stock, which accelerates earnings growth.
Two dividend stocks to buy now Home Depot and Sherwin-Williams are coiled springs for growth if interest rates keep falling. In the meantime, both companies generate plenty of cash flow to cover their dividends and buy back stock.
Home Depot will likely appeal more to value and passive-income investors. It's the better buy for investors looking for a concentrated bet on a recovery in the North American housing market and consumer spending.
Sherwin-Williams is a more diversified business with a global customer base spanning different segments. But it's also pricier and sports a lower yield.