) as the Bear of the Day on June 2 after their March quarter earnings report seemed to overcome several years of pessimism below $120 and make new highs above $160. In my "bottom line" I wrote...
"If you took a shot at AKAM shares under $80 last year when it was priced for failure, maybe it's a good time to take some profits now that they're priced for perfection."
That turned out to be good advice.
Because since then not only has the stock fallen back to $130, but analysts have been adjusting estimates lower with the most recent Zacks EPS Consensus coming down to $6.65, near the lower end of the company's guidance of $6.40 to $7.15.
Akamai is a $19 billion global provider of content delivery networks (CDN), cybersecurity and cloud infrastructure services.
The company’s solutions accelerate and improve the delivery of content over the Internet, enabling faster response to requests for web pages, streaming of video & audio, and business applications.
Its offerings are intended to reduce the impact of traffic congestion, bandwidth constraints and capacity limitations on customers, with the data-hog of high-definition video a particular specialty.
For more background on the company's troubled efforts to compete in the AI economy, see my June 2 report: AKAM Bear of the Day.
$1.8 Billion AI Infrastructure Deal
After AKAM's Q1 report, Bank of America analyst Tal Liani upgraded the stock to Buy from Neutral and raised his price target to $175 from $130. Liani noted...
“The story has shifted from a legacy delivery network to a credible AI infrastructure platform. Large cloud infrastructure wins, including a $1.8 billion, 7-year deal, signal real demand for distributed AI, not just narrative.”
In their Q1 presentation, Akamai announced that a "leading frontier model provider" had committed $1.8 billion for its cloud infrastructure services over seven years.
Bloomberg later reported that the customer was AI startup Anthropic, though neither company publicly confirmed the report.
Liani estimates the agreement will contribute between $20 million and $25 million in quarterly revenue beginning in the fourth quarter.
The Bank of America team acknowledged that Akamai’s AI expansion will require substantial investment, citing that capital expenditures could rise to as much as $825 million over the next year as the company expands infrastructure capacity.
Consequently, free cash flow is projected to decline nearly 48% in 2026 before recovering in subsequent years.
Analysts and Investors Remain Optimistic
In late May, Akamai was able to raise $3.5 billion through a convertible bond offering. And the company also announced a $350 million share buyback.
With the stock holding up well above $150, it appears investors still like the resurgent Akamai story.
And at least four investment banks agree with Guggenheim Securities raising their price target to $181 from $133 and Craig-Hallum jumping from $100 to a $190 objective.
Morgan Stanley and Susquehanna raised their price targets to $165 and $175, respectively.
But some pessimism persists as Goldman Sachs reiterated their Strong Sell rating while raising their target from $76 to $87 after the Q1 report.
The optimists are probably focused on Akamai's strong footprint in monitoring, preventing, and mitigating cyber attacks. The company recently cited their research data identifying these threat metrics for financial services:
738% longer DDoS durations since 2024
147% rise in advanced bots
96% of banks faced API incidents
60–83% of web/API attacks hit banking
Bottom line: While the growth story is turning around amid new datacenter opportunities and initiatives in cybersecurity, it's a slow grind from here as the Goldman team believes. Until the growth estimates stabilize and start heading higher -- the Zacks Rank will let you know -- we could still see a gap fill back to $120 support.
WPP Enterprise Solutions, the global business transformation operating unit of WPP, today announced it has signed a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services, Inc. (AWS). The agreement accelerates how enterprise brands close the gap between AI experimentation and scaled business impact across commerce, customer experience, and marketing operations.
The prevalence of AI in everyday life has made instant, intelligent, personalized experiences the baseline consumer expectation. Gartner predicts that by 2028, 60% of brands will use agentic AI to deliver streamlined one-to-one interactions. Consumers now expect every touchpoint to be intelligent, contextual, and autonomous.
Through this SCA, WPP Enterprise Solutions brings engineering depth and creative-to-commerce expertise to AWS generative and agentic AI capabilities, delivering production-grade AI systems at the speed and scale enterprise customers need to meet consumer demand.
From AI Pilots to Production
WPP Enterprise Solutions is the AWS Consulting Partner within WPP that specializes in agentic commerce and customer experience. Its engineers write the code, deploy the agents, and operate the AI, bridging the gap between creative strategy and production-grade technology.
At the center of the collaboration is a portfolio of production-ready offerings built on AWS:
Amazon Marketing Cloud Center of Excellence. Extends the content and data foundation into audience intelligence and measurement, connecting creative production directly to commerce outcomes on AWS. Composable Content Engine. Built on Amazon Bedrock and available in AWS Marketplace, this subscription-based platform enables franchisees, dealers, and local markets to create brand-compliant creative assets at scale with governance from day one. Enterprise clients have achieved up to 90% reduction in production time and 40% reduction in content costs. Agentic CX and Commerce Accelerators. Production-ready accelerators available through AWS Marketplace give enterprises a governed path from pilot to full-scale deployment of autonomous marketing, personalization, and commerce workflows. "This collaboration with AWS is about one thing: helping our clients turn generative and agentic AI from experiments into operating systems for their businesses," said Jeff Geheb, Global CEO, WPP Enterprise Solutions. "Enterprise leaders are past the pilot stage. They need AI that ships, scales, and delivers measurable ROI with the rigor that boards and C-suites now demand. We already build and operate production AI on AWS for the world's biggest brands. This SCA reinforces the shared commitment, engineering depth, and go-to-market alignment to deliver at even greater scale."
"AI is becoming the operating layer for commerce and customer experience," said Ruba Borno, Vice President of Global Specialists and Partners at AWS. "This collaboration proves what's possible when you combine deep transformation expertise with a platform purpose-built for AI at scale. WPP Enterprise Solutions engineers build and operate production AI directly on AWS for some of the world's most recognizable brands, and together we're scaling a proven model that's already delivering measurable outcomes for customers."
Customer Proof Point: United Rentals
United Rentals (NYSE: URI), the world's largest equipment rental company, shows what scaled AI built by WPP Enterprise Solutions on AWS can deliver in practice. Through the collaboration, WPP Enterprise Solutions and United Rentals built Equipment Agent — an omni-channel AI-powered equipment identification solution live across unitedrentals.com and AI platforms. First launched on Amazon Bedrock Agents and since evolved onto Amazon Bedrock AgentCore, the solution grounds its selections in Amazon Bedrock Knowledge Bases vectorized in Amazon OpenSearch:
One of the first AI-powered recommendation solutions of its kind in the equipment rental industry Approximately 70% improvement in helping customers find the right equipment for their projects based on internal testing United Rentals expects to continue to scale AI applications on AWS, including capabilities built on Amazon Bedrock and Amazon OpenSearch.
"We built Equipment Agent to meet customers where they already plan their work — on unitedrentals.com and across the AI assistants, anywhere AI is becoming part of how the job gets done. With WPP Enterprise Solutions engineering and Amazon Bedrock anchoring it, we have moved generative and agentic AI from ideas to production at the pace our business demands and believe this SCA supports continued development," said Tony Leopold, Chief Technology & Strategy Officer, United Rentals.
Building on AWS for Leading Brands
WPP Enterprise Solutions is an AWS Advanced Tier Services Partner with AWS-certified consultants, a dedicated Amazon Marketing Cloud Center of Excellence, and production deployments across commerce, customer experience, data, and customer service, with Amazon Bedrock anchoring the generative and agentic AI layer.
For more information, please visit https://www.wpp.com/en/wpp-enterprise-solutions.
ABOUT WPP ENTERPRISE SOLUTIONS
WPP Enterprise Solutions designs, builds, and operates the growth systems that competitive businesses rely on. WPP Enterprise Solutions is recognized for its innovative business transformation work on behalf of global clients and works alongside best-in-class partners to deliver transformation solutions tailored to the needs of our clients’ businesses. WPP Enterprise Solutions is a global business powered by 12,000 experts who operate across 40+ markets in North America, Latin America, EMEA and APAC.
WPP Enterprise Solutions is a WPP company (NYSE: WPP). For more information, visit https://www.wpp.com/en/wpp-enterprise-solutions.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260618440450/en/
NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Hub Group Inc. (NASDAQ:HUBG) for potential securities fraud after significant stock drops.
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.
Key Details of the Hub Group ($HUBG) Class Action Investigation:
Investigation Overview: Securities fraud regarding Hub Group’s financial restatements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023 due to prematurely or incorrectly recognized transactions.Stock Declines: February 6, 2026 - 18% Stock DropMay 12, 2026 - 13% Stock Drop Action: Contact BFA Law to discuss your rights Why is Hub Group Being Investigated for Securities Fraud?
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 Hub Group’s financial statements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023, due to prematurely or incorrectly recognized transactions.
Why did Hub Group’s Stock Drop?
On February 5, 2026, 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.
This news caused the price of Hub Group stock to decline $9.37 per share, or 18%, from a closing price of $51.33 per share on February 5, 2026, to $41.96 per share on February 6, 2026.
Then, on May 12, 2026, Hub Group announced that its previously issued audited financial statements for the years ended December 31, 2024 and 2023 were materially misstated and should no longer be relied upon. Hub Group stated that it identified premature or incorrectly recognized transactions and that it expects to conclude that it did not maintain effective disclosure controls and internal control over financial reporting for the years ended December 31, 2024 and 2023.
This news caused the price of Hub Group stock to decline $5.24 per share, or 13%, from a closing price of $41.86 per share on May 11, 2026, to $36.62 per share on May 12, 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.
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.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
VANCOUVER, British Columbia, June 18, 2026 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (NASDAQ: AEC; TSX.V: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”), following its May 4th news release, is pleased to report that is has filed its combined preliminary economic assessment (“PEA”) titled, “The Shootaring Canyon Mill and Tributary Mines, Utah and Colorado, USA, Preliminary Economic Assessment” on SEDAR+. The PEA incorporates its Utah-based Velvet-Wood uranium and vanadium project (“Velvet-Wood”), its Colorado-based Slick Rock uranium and vanadium project (“Slick Rock”) and six of the nine mines which comprise the West Slope complex (“West Slope Mines”).
NEW YORK, June 19, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Hub Group Inc. (NASDAQ:HUBG) for potential securities fraud after significant stock drops.
If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.
Key Details of the Hub Group ($HUBG) Class Action Investigation:
Investigation Overview: Securities fraud regarding Hub Group’s financial restatements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023 due to prematurely or incorrectly recognized transactions.Stock Declines: February 6, 2026 - 18% Stock DropMay 12, 2026 - 13% Stock Drop Action: Contact BFA Law to discuss your rights
Why is Hub Group Being Investigated for Securities Fraud?
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 Hub Group’s financial statements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023, due to prematurely or incorrectly recognized transactions.
Why did Hub Group’s Stock Drop?
On February 5, 2026, 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.
This news caused the price of Hub Group stock to decline $9.37 per share, or 18%, from a closing price of $51.33 per share on February 5, 2026, to $41.96 per share on February 6, 2026.
Then, on May 12, 2026, Hub Group announced that its previously issued audited financial statements for the years ended December 31, 2024 and 2023 were materially misstated and should no longer be relied upon. Hub Group stated that it identified premature or incorrectly recognized transactions and that it expects to conclude that it did not maintain effective disclosure controls and internal control over financial reporting for the years ended December 31, 2024 and 2023.
This news caused the price of Hub Group stock to decline $5.24 per share, or 13%, from a closing price of $41.86 per share on May 11, 2026, to $36.62 per share on May 12, 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.
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.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
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.
, /PRNewswire/ -- National shareholder rights firm Hagens Berman has launched an investigation into Hub Group, Inc. (NASDAQ: HUBG) amid a worsening series of accounting failures, disclosures of material misstatements, and emerging signs of a potential SEC investigation, according to analysts.
If you suffered significant losses investing in Hub Group, Inc. (HUBG) stock, click this link to submit your transaction details.
Visit: www.hbsslaw.com/investor-fraud/hubg
Contact the Firm Now: [email protected]
844-916-0895
New Developments: Mounting Risk and Executive Turnover:
As of June 2026, the situation at Hub Group has deteriorated significantly, raising urgent questions for shareholders:
Possible Undisclosed SEC Investigation: Analysts at Disclosure Insight recently identified an early signal of a potential SEC investigation into Hub Group. While not yet confirmed as an ongoing enforcement action, according to Disclosure Insight, the company's recent history of undisclosed SEC activity—including a separate, previously undisclosed investigation that concluded on February 9, 2026—suggests a heightened risk profile. Abrupt Executive Departures: On May 27, 2026, the company saw the sudden, simultaneous departures of its Chief Financial Officer (CFO) and Chief Operating Officer (COO). Delisting Risk: The company has been issued a delisting notice by NASDAQ, further adding to the instability surrounding the firm's public standing. Accounting Allegations and Internal Control Failures
The current turmoil follows a series of disclosures beginning in February 2026, when Hub Group admitted that its financial statements for the first nine months of 2025 were materially misstated due to a $77 million understatement of purchased transportation costs and accounts payable.
Subsequent filings have revealed that these accounting issues are far more pervasive than initially disclosed:
Expanded Non-Reliance: In May 2026, the company admitted that its audited financial statements for both 2023 and 2024 were also materially misstated and should no longer be relied upon. Systemic Internal Control Issues: The company has acknowledged that it did not maintain effective disclosure controls and procedures, or internal control over financial reporting, for the fiscal years 2023, 2024, and 2025. Unsupported Transactions: A review directed by the Audit Committee identified transactions that were "prematurely or incorrectly recognized or not adequately supported," leaving investors in the dark regarding the true state of the company's finances. Investor Alert:
Hagens Berman is investigating whether Hub Group and its management misled investors regarding the company's internal accounting controls and financial health. Investors who have suffered significant losses are encouraged to submit their information to the firm.
"Now that Hub Group has almost cleaned out its C-suite following an accounting error that reaches all the way back to 2023, the core focus of our investigation is whether these expenses were intentionally or recklessly understated to artificially inflate operating margins," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.
If you invested in Hub Group and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now »
If you'd like more information and answers to other frequently asked questions about the firm's Hub Group investigation, read more »
Whistleblowers: Persons with non-public information regarding Hub Group should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
, /PRNewswire/ -- National shareholder rights firm Hagens Berman has launched an investigation into Hub Group, Inc. (NASDAQ: HUBG) amid a worsening series of accounting failures, disclosures of material misstatements, and emerging signs of a potential SEC investigation, according to analysts.
If you suffered significant losses investing in Hub Group, Inc. (HUBG) stock, click this link to submit your transaction details.
Visit: www.hbsslaw.com/investor-fraud/hubg
Contact the Firm Now: [email protected]
844-916-0895
New Developments: Mounting Risk and Executive Turnover:
As of June 2026, the situation at Hub Group has deteriorated significantly, raising urgent questions for shareholders:
Possible Undisclosed SEC Investigation: Analysts at Disclosure Insight recently identified an early signal of a potential SEC investigation into Hub Group. While not yet confirmed as an ongoing enforcement action, according to Disclosure Insight, the company's recent history of undisclosed SEC activity—including a separate, previously undisclosed investigation that concluded on February 9, 2026—suggests a heightened risk profile.Abrupt Executive Departures: On May 27, 2026, the company saw the sudden, simultaneous departures of its Chief Financial Officer (CFO) and Chief Operating Officer (COO).Delisting Risk: The company has been issued a delisting notice by NASDAQ, further adding to the instability surrounding the firm's public standing.Accounting Allegations and Internal Control Failures
The current turmoil follows a series of disclosures beginning in February 2026, when Hub Group admitted that its financial statements for the first nine months of 2025 were materially misstated due to a $77 million understatement of purchased transportation costs and accounts payable.
Subsequent filings have revealed that these accounting issues are far more pervasive than initially disclosed:
Expanded Non-Reliance: In May 2026, the company admitted that its audited financial statements for both 2023 and 2024 were also materially misstated and should no longer be relied upon.Systemic Internal Control Issues: The company has acknowledged that it did not maintain effective disclosure controls and procedures, or internal control over financial reporting, for the fiscal years 2023, 2024, and 2025.Unsupported Transactions: A review directed by the Audit Committee identified transactions that were "prematurely or incorrectly recognized or not adequately supported," leaving investors in the dark regarding the true state of the company's finances.Investor Alert:
Hagens Berman is investigating whether Hub Group and its management misled investors regarding the company's internal accounting controls and financial health. Investors who have suffered significant losses are encouraged to submit their information to the firm.
"Now that Hub Group has almost cleaned out its C-suite following an accounting error that reaches all the way back to 2023, the core focus of our investigation is whether these expenses were intentionally or recklessly understated to artificially inflate operating margins," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.
If you invested in Hub Group and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now »
If you'd like more information and answers to other frequently asked questions about the firm's Hub Group investigation, read more »
Whistleblowers: Persons with non-public information regarding Hub Group should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
View original content to download multimedia:https://www.prnewswire.com/news-releases/hbss-expands-hub-group-hubg-investigation-following-mounting-accounting-discrepancies-and-possible-sec-probe-per-analysts-302804944.html
NEW YORK, June 22, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Hub Group Inc. (NASDAQ:HUBG) for potential securities fraud after significant stock drops.
If you invested in Hub Group, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/hub-group-class-action-lawsuit.
Key Details of the Hub Group ($HUBG) Class Action Investigation:
Investigation Overview: Securities fraud regarding Hub Group’s financial restatements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023 due to prematurely or incorrectly recognized transactions.Stock Declines: February 6, 2026 - 18% Stock DropMay 12, 2026 - 13% Stock Drop Action: Contact BFA Law to discuss your rights Why is Hub Group Being Investigated for Securities Fraud?
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 Hub Group’s financial statements for the first nine months of 2025 and for the years ended December 31, 2024 and 2023, due to prematurely or incorrectly recognized transactions.
Why did Hub Group’s Stock Drop?
On February 5, 2026, 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.
This news caused the price of Hub Group stock to decline $9.37 per share, or 18%, from a closing price of $51.33 per share on February 5, 2026, to $41.96 per share on February 6, 2026.
Then, on May 12, 2026, Hub Group announced that its previously issued audited financial statements for the years ended December 31, 2024 and 2023 were materially misstated and should no longer be relied upon. Hub Group stated that it identified premature or incorrectly recognized transactions and that it expects to conclude that it did not maintain effective disclosure controls and internal control over financial reporting for the years ended December 31, 2024 and 2023.
This news caused the price of Hub Group stock to decline $5.24 per share, or 13%, from a closing price of $41.86 per share on May 11, 2026, to $36.62 per share on May 12, 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.
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.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
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.
HyProMag USA Starts Long‑Lead Equipment Procurement, Increases Projected Magnet Production, and Progresses U.S. Build‑Out
VANCOUVER, BC / ACCESS Newswire / June 22, 2026 / CoTec Holdings Corp. (TSXV:CTH)(OTCQX:CTHCF) ("CoTec" or the "Company") notes the press release issued today by its joint venture, HyProMag USA, LLC ("HyProMag USA"), a U.S.-based leader in rare earth magnet recycling and manufacturing, providing an update on the development of its Ironhead facility (the "Texas Hub") and the build-out of its U.S. commercial platform (together, the "Project"). In its release, HyProMag USA reports that it has increased its projected magnet production capacity, started procurement of key long‑lead equipment and is progressing detailed engineering, feedstock aggregation, and commercial offtake discussions, while also initiating a search for U.S‑based executive leadership to support the next phase of growth.
Following completion of the Class 2 AACE[i] capital cost estimate in Q4 2025 and the commissioning of HyProMag's UK and German plants, HyProMag USA has begun ordering critical‑path long‑lead equipment to support a targeted H2 2027 commissioning of the Texas Hub. In parallel, detailed engineering is advancing and the company is in discussions with feedstock suppliers, potential offtake partners and financing counterparties as it transitions from feasibility and pilot validation into execution of a scaled domestic magnet recycling and manufacturing platform in the United States.
Key Highlights from HyProMag USA's Update
Long‑lead equipment procurement underway:
HyProMag USA has commenced procurement of three Hydrogen Processing of Magnet Scrap ("HPMS") vessels along with magnet processing and finishing equipment to secure the development schedule for the Texas Hub.
Increased magnet production and updated economics:
Detailed engineering for a rare earth magnet recycling and manufacturing operation at the Texas Hub, supported by two pre‑processing spoke sites at Intelligent Lifecycle Solution ("ILS") facilities in South Carolina and Nevada, indicates[ii]:
Annual production capacity of approximately 1,048 metric tons of recycled sintered neodymium‑iron‑boron ("NdFeB") magnets and 478 metric tons of NdFeB co‑products (total payable capacity of 1,526 metric tons NdFeB) over a 40‑year operating life.
Post‑tax Net Present Value ("NPV")[iii] of approximately US$797 million and a real internal rate of return ("IRR") of 37.1% based on forecast market prices[iv],[v].
Post‑tax NPV of approximately US$416 million and a real IRR of 26.3% based on current market prices[vi].
Total initial capital cost of approximately US$152 million[vii], including an 8.2% contingency and detailed design and engineering costs, over a one‑year construction phase.
Power supply discussions initiated:
HyProMag USA has started formal discussions with Oncor Electric Delivery Company LLC ("Oncor") to provide power to the Texas Hub and expects the facility to be supplied predominantly from renewable resources.
Ironhead building and early works:
Preparatory work is underway for the project execution phase at the Ironhead building in Northlake, Texas, in the Dallas‑Fort Worth metro area, including planning for the delivery and installation of early works equipment.
Inserma systems installation at ILS spoke sites:
Three INSERMA ANOIA S.L. ("Inserma") "3rd generation" hard disk drive ("HDD") magnet separation systems have been installed at the ILS pre‑processing sites in Williston, South Carolina and Las Vegas, Nevada, with additional machine upgrades underway, including AI‑embedded HDD recognition and data traceability functions.
Feedstock security and diversification:
HyProMag USA continues to build its feedstock base through its partnership with ILS[viii] and a broader multi‑source purchasing strategy, targeting additional bulk NdFeB feedstock such as electric motor rotors, wind turbine magnets, speaker assemblies and end‑of‑life MRI machines.
Offtake engagement:
HyProMag USA is in discussions with multiple potential offtake customers and, together with HyProMag Limited, is providing magnet samples for product verification and qualification.
U.S. leadership build‑out:
HyProMag USA has engaged a leading global executive search and consulting firm to identify a U.S.‑based CEO and CFO to support a potential future public listing and continued rollout of the business.
Pre‑feasibility expansion study for future plants:
HyProMag USA is targeting completion of a Class 3 AACE estimate and optimal configuration study in Q3 2026 for additional plants that will mirror the Texas Hub, with the objective of expanding U.S.-based production to approximately 4,656 metric tons of NdFeB saleable products.
Financing:
HyProMag USA is in discussions with three financial institutions and continues to advance its project finance discussions following the procurement of the long‑lead equipment.
Julian Treger, CoTec CEO, commented: "We are making strong progress on our first plant in Texas. Ordering long‑lead items now keeps the Texas Hub on track and signals our confidence in the project and our ability to deliver it on schedule. ILS' growing portfolio of NdFeB feedstock, combined with stockpiling prior to commissioning, is designed to support a smooth ramp‑up and optimized batch production. Any additional feedstock secured can underpin our future expansion of the plans.
Our near‑term focus is on securing feedstock and offtake commitments to support our project financing and enable a construction start in Q4 2026. Importantly, we are not starting from scratch - the underlying technology is already commissioned and operating in the UK[ix] and Germany[x], and our goal is to scale that proven model in the United States. In parallel, we are building the leadership and operational platform needed to support long‑term growth and preparing for a potential future U.S. listing."
Detailed Design and Project Economics
As noted in HyProMag USA's release, the Texas Hub Class 2 AACE Capital Cost Estimate and Study (the "Detailed Design") is being carried out by a multidisciplinary team appointed by CoTec and Mkango and led by independent engineering firms PegasusTSI and BBA. The study, which is approximately 35% complete, includes optimization of the operation as well as an updated capital cost profile, and PegasusTSI and BBA have completed a 3D plant model based on the Class 2 estimate prepared in Q4 2025.
Potential Future U.S. Listing
In December 2025, HyProMag USA's owners, CoTec and Mkango Resources Ltd. (AIM/TSX‑V: MKA) ("Mkango"), announced that they were exploring a potential U.S. listing for HyProMag USA[xi]. Since then, the company has begun engaging prospective advisors and investment banks as part of an ongoing evaluation, with any potential listing remaining subject to project execution milestones, market conditions and regulatory approvals, and not expected before late 2026 or 2027.
About HyProMag USA
HyProMag USA is developing advanced rare earth magnet recycling and manufacturing operations to establish a secure domestic U.S. supply chain for NdFeB magnets, which are critical components in AI infrastructure, defense systems, robotics, electric vehicles, and advanced electronics. Leveraging the HPMS technology developed over 15 years with over US$100 million in R&D investment, HyProMag delivers faster magnet‑to‑magnet short‑loop recycling that uses 88% less energy and reduces carbon emissions by 85% compared to conventional methods. HyProMag USA has been selected by the U.S. State Department as a Minerals Security Partnership project and is targeting 10% of U.S. domestic magnet supply within five years.
Ownership
HyProMag USA LLC is owned 50:50 by CoTec and HyProMag Limited. HyProMag Limited is 100% owned by Maginito Limited, which is owned 79.4% by Mkango and 20.6% by CoTec.
For more information on HyProMag USA, please visit www.hypromagusa.com
About CoTec
CoTec is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, CoTec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains.
CoTec's mission is clear: accelerate the energy transition while strengthening strategic mineral supply chains for the countries we operate in. By investing in and deploying disruptive technologies, the Company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams, and recycled products into high-value critical minerals.
From its HyProMag USA magnet recycling joint venture in Texas, to iron tailings reprocessing in Québec, to next-generation copper and iron solutions backed by global majors, CoTec is building a diversified portfolio with long-term growth, rapid cash flow potential, and high barriers to entry. The result is a differentiated platform at the intersection of technology, sustainability, and strategic materials.
For more information, please visit www.cotec.ca
For further information, please contact:
Braam Jonker - (604) 992-5600
Forward-Looking Information Cautionary Statement
Statements in this press release regarding the Company and its investments which are not historical facts are "forward-looking statements" which involve risks and uncertainties, including statements relating to the Company's interest in HyProMag USA, the lease agreement of HyProMag USA, and its proposed development and management's expectations with respect to its current and potential future investments, including HyProMag USA, and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements, due to known and unknown risks and uncertainties affecting the Company, including but not limited to resource and reserve risks; environmental risks and costs; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social and transport disruptions. For further details regarding risks and uncertainties facing the Company please refer to "Risk Factors" in the Company's filing statement dated April 6, 2022, a copy of which may be found under the Company's SEDAR+ profile at www.sedarplus.ca. The Company assumes no responsibility to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company's continuous disclosure documents which are available on SEDAR+ at www.sedarplus.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
[i] Association for the Advancement of Cost Engineering (AACE) - Class 2 Estimate
[iii] 7% real discount rates. NPVs are calculated by discounting real US dollar cash flows from 2027
[iv] Current market prices ("Current Prices") for all NdFeB products sold in the U.S, excluding residual scrap, derived from updated November 2025 U.S. 2024 price quotes, over the life of the asset
[v] NPV does not include the economic benefit of any government or state incentives, carbon pricing
[vi] Forecast market prices ("Forecast Prices") are the prices for all NdFeB products sold in the U.S, excluding residual scrap feed, with the rare earth price component thereof derived from the latest rare earth oxide price forecasts from Q1 (2027) Adamas Intelligence, over the life of the asset
HYPROMAG USA ADVANCES TEXAS HUB AND U.S. MAGNET PLATFORM
Company Starts Long-Lead Equipment Procurement, Increases Projected Magnet Production, and Progresses U.S. Build-Out
CALGARY, AB / ACCESS Newswire / June 22, 2026 / Mkango Resources Ltd (AIM:MKA)(TSX-V:MKA) ("Mkango") is pleased to announce that HyProMag USA, LLC ("HyProMag USA" or the "Company"), has provided an update on the development of its Ironhead facility (the "Texas Hub") and the build-out of its U.S. commercial platform (together, the "Project"). The Company has increased its projected magnet production capacity, started procurement of key long-lead equipment and is progressing detailed engineering, feedstock aggregation, and commercial offtake discussions, while also initiating a search for U.S-based executive leadership to support the next phase of growth.
Following completion of the Class 2 AACE[1] capital cost estimate in Q4 2025 and the commissioning of HyProMag's UK and German plants, HyProMag USA has begun ordering critical-path long-lead equipment to support a targeted H2 2027 commissioning of the Texas Hub. In parallel, detailed engineering is advancing and the Company is in discussions with feedstock suppliers, potential offtake partners and financing counterparties as it transitions from feasibility and pilot validation into execution of a scaled domestic magnet recycling and manufacturing platform in the United States.
Key Highlights
Long-lead equipment procurement underway:
The Company has commenced procurement of three Hydrogen Processing of Magnet Scrap ("HPMS") vessels along with magnet processing and finishing equipment to secure the development schedule for the Texas Hub.
Increased magnet production and updated economics:
Detailed engineering for a rare earth magnet recycling and manufacturing operation at the Texas Hub, supported by two pre-processing spoke sites at Intelligent Lifecycle Solution ("ILS") facilities in South Carolina and Nevada, indicates[2]:
Annual production capacity of approximately 1,048 metric tons of recycled sintered neodymium-iron-boron ("NdFeB") magnets and 478 metric tons of NdFeB co-products (total payable capacity of 1,526 metric tons NdFeB) over a 40-year operating life.
Post-tax Net Present Value ("NPV")[3] of approximately US$416 million and a real internal rate of return ("IRR") 26.3% based on current market prices[4],[5].
Post-tax NPV of approximately US$797 million and a real IRR of 37.1% based on forecast market prices[6].
Total initial capital cost of approximately US$152 million[7], including an 8.2% contingency and detailed design and engineering costs, over a one-year construction phase.
Power supply discussions initiated:
HyProMag USA has started formal discussions with Oncor Electric Delivery Company LLC ("Oncor") to provide power to the Texas Hub and expects the facility to be supplied predominantly from renewable resources.
Ironhead Building and early works:
Preparatory work is underway for the project execution phase at the Ironhead building in Northlake, Texas, in the Dallas-Fort Worth metro area, including planning for the delivery and installation of early works equipment.
Inserma systems installation at ILS spoke sites:
Three INSERMA ANOIA S.L. ("Inserma") "3rd generation" hard disk drive ("HDD") magnet separation systems have been installed at the ILS pre-processing sites in Williston, South Carolina and Las Vegas, Nevada. Inserma is currently implementing additional machine upgrades, including AI embedded HDD recognition and data traceability functions.
Feedstock security and diversification:
HyProMag USA continues to build its feedstock base through its partnership with ILS[8] and a broader multi-source purchasing strategy. In addition to HDDs, ILS is actively targeting other bulk NdFeB feedstock, including electric motor rotors, wind turbine magnets, speaker assemblies and end-of-life MRI machines.
Offtake engagement:
The Company is in discussions with multiple potential offtake customers and, together with HyProMag Limited, is providing magnet samples for product verification and qualification.
U.S. leadership build-out:
HyProMag USA has engaged a leading global executive search and consulting firm to identify a U.S.-based CEO and CFO to support a potential future public listing and continued rollout of the business.
Pre-feasibility expansion study for future plants:
The Company is targeting completion of a Class 3 AACE estimate and optimal configuration study in Q3 2026 for additional plants that will mirror the Texas Hub, with the objective of expanding U.S.-based production to approximately 4,656 metric tons of NdFeB saleable products.
Financing:
The Company is in discussions with three financial institutions and continues to advance its project finance discussions following the procurement of the long lead equipment.
Julian Treger, CoTec CEO commented: "We are making strong progress on our first plant in Texas. Ordering long-lead items now keeps the Texas Hub on track and signals our confidence in the project and our ability to deliver it on schedule. ILS' growing portfolio of NdFeB feedstock, combined with stockpiling prior to commissioning, is designed to support a smooth ramp-up and optimized batch production. Any additional feedstock secured can underpin our future expansion of the plans.
Our near-term focus is on securing feedstock and offtake commitments to support our project financing and enable a construction start in Q4, 2026. Importantly, we are not starting from scratch - the underlying technology is already commissioned and operating in the UK[9] and Germany[10], and our goal is to scale that proven model in the United States. In parallel, we are building the leadership and operational platform needed to support long-term growth and preparing for a potential future U.S. listing."
Will Dawes, Mkango CEO commented: "HyProMag USA continues to progress towards commercial development and is well placed to play a key role in the development of more robust domestic rare earth supply chains in the United States. The Company has significant competitive advantages in the sector underpinned by the energy-efficient and cost-effective HPMS and Inserma technologies and proven capabilities to make commercial grade magnets for a range of applications. The Project is complemented by existing operations in UK and Germany, which effectively de-risk the technologies and facilitate ongoing offtake discussions.
We have a strong platform for growth in the United States and are excited to see the largescale expansion plans move to the pre-feasibility stage."
Detailed Design and Project Economics
The Texas Hub Class 2 AACE Capital Cost Estimate and Study (the "Detailed Design") is being carried out by a multidisciplinary team appointed by CoTec Holdings Corp. (TSXV: CTH; OTCQX: CTHCF) ("CoTec") and Mkango and led by independent engineering firms PegasusTSI and BBA. The study, which is approximately 35% complete, includes optimization of the operation as well as an updated capital cost profile. PegasusTSI and BBA have completed a 3D Plant model based on the Class 2 estimate prepared in Q4 2025 (https://www.youtube.com/watch?v=xNmJF3Hh1Mk)
Potential Future U.S. Listing
In December 2025, HyProMag USA's owners, CoTec and Mkango , announced that they were exploring a potential U.S. listing for HyProMag USA.[11] Since then, the Company has begun engaging prospective advisors and investment banks as part of an ongoing evaluation.
Any potential listing will remain subject to project execution milestones, market conditions and regulatory approvals. No decision has been made at this time, and any such transaction would not be expected before late 2026 or early 2027.
About Mkango Resources Ltd.
Mkango is listed on the AIM and the TSXV. Mkango's corporate strategy is to become a market leader in the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito, which is owned 79.4 per cent by Mkango and 20.6 per cent by CoTec Holdings Corp ("CoTec"), and to develop new sustainable sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric vehicles, wind turbines and other clean energy technologies.
Maginito holds a 100 per cent interest in HyProMag Limited and a 90 per cent direct and indirect interest (assuming conversion of Maginito's convertible loan) in HyProMag GmbH, focused on short loop rare earth magnet recycling in the UK and Germany, respectively, and a 100 per cent interest in Mkango Rare Earths UK Ltd ("Mkango UK"), focused on long loop rare earth magnet recycling in the UK via a chemical route.
Maginito and CoTec are also rolling out HPMS recycling technology into the United States via the 50/50 owned HyProMag USA LLC joint venture company.
Mkango also owns the advanced stage Songwe Hill rare earths project in Malawi ("Songwe") and the Pulawy rare earths separation project in Poland ("Pulawy"). Both the Songwe and Pulawy projects have been selected as Strategic Projects under the European Union Critical Raw Materials Act. Mkango has signed a business combination agreement ("Business Combination Agreement") with Crown PropTech Acquisitions ("CPTK") to list the Songwe Hill and Pulawy rare earths projects on NASDAQ via a SPAC Merger under the name Mkango Rare Earths Limited.
For more information, please visit www.mkango.ca
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.
All statements other than statements of historical facts contained in this news release, including statements regarding MKAR's and Mkango's future financial position, results of operations, business strategy, and plans and objectives of their management team for future operations, as well as statements relating to the proposed amendments to the Company's stock option plan, the extension of certain stock options, the outcomes of the Meeting, the waiver of TSXV oversight and the Proposed MKAR Transaction, are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "strategy," "future," "opportunity," "may," "target," "should," "will," "would," "will be," "will continue," "will likely result," "preliminary," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, the outlook for Mkango's business, productivity, plans, goals for future operational improvements, capital investments, operational performance, future market conditions, economic performance, developments in the capital and credit markets, expected future financial performance, capital expenditure plans and timeline, mineral reserve and resource estimates, production and other operating results, productivity improvements, expected net proceeds, expected additional funding, the percentage of redemptions of CPTK's public shareholders, growth prospects and outlook of MKAR's or Maginito's operations, individually or in the aggregate, including the future listing of MKAR on Nasdaq, as well as any information concerning possible or assumed future results of operations of Mkango and MKAR. Forward-looking statements also include statements regarding the expected benefits of the Proposed MKAR Transaction. The forward-looking statements are based on the current expectations of the respective management teams of CPTK, Mkango and MKAR, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. These forward‑looking statements are based on certain assumptions, including that required shareholder, regulatory and stock exchange approvals will be obtained and that the Proposed MKAR Transaction will be completed as currently contemplated. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the Proposed MKAR Transaction may not be completed in a timely manner or at all, which may adversely affect the price of CPTK's, MKAR's or Mkango's securities, (ii) the risk that the Proposed MKAR Transaction may not be completed by CPTK's business combination deadline, or at all, and the potential failure to obtain an extension of the business combination deadline if sought by CPTK, MKAR or Mkango (iii) the failure to satisfy the conditions to the consummation of the Proposed MKAR Transaction, including the approval of the Business Combination Agreement by Mkango ,the shareholders of CPTK, and the TSX-V, the satisfaction of the minimum cash amount following redemptions by CPTK's public shareholders and the receipt of certain governmental and regulatory approvals, (iv) market risks, including the price of rare earth materials, (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement, (vi) the effect of the announcement or pendency of the Proposed MKAR Transaction on CPTK's, Mkango's or MKAR's business relationships, performance, and business generally, (vii) the outcome of any legal proceedings that may be instituted against CPTK or MKAR related to the Business Combination Agreement or the Proposed MKAR Transaction, (viii) failure to realize the anticipated benefits of the Proposed MKAR Transaction, (ix) the inability of MKAR to meet the listing requirements of the Nasdaq Stock Market, or if listed, the inability of MKAR to maintain the listing of its securities on the Nasdaq Stock Market, (x) the risk that the price of MKAR securities may be volatile due to a variety of factors, including changes in the highly competitive industries in which MKAR plans to operate, variations in performance across competitors, changes in laws, regulations, technologies, natural disasters or health epidemics/pandemics, national security tensions, and macro-economic and social environments affecting its business, and changes in the combined capital structure, (xi) the inability to implement business plans, forecasts, and other expectations after the completion of the Proposed MKAR Transaction, identify and realize additional opportunities, and manage its growth and expanding operations, (xii) the risk that Mkango may not be able to successfully develop its assets, (xiii) the risk that Mkango will be unable to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all, (xiv) political and social risks of operating in Malawi or Poland, (xv) operational hazards and risks that Mkango could face, and (xvi) the risk that additional financing in connection with the Proposed MKAR Transaction may not be raised on favorable terms, in a sufficient amount to satisfy the minimum cash amount condition to the Business Combination Agreement. The foregoing list is not exhaustive, and there may be additional risks that CPTK, Mkango, or MKAR presently do not know or that they currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this news release and the other risks and uncertainties described in CPTK's filings with the SEC, Mkango's filings on SEDAR+, the risks to be described in a registration statement on Form F-4, which will include a proxy statement/prospectus, and those discussed and identified in filings made with the SEC by CPTK and MKAR, from time to time. Mkango caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this news release speak only as of the date of this news release. None of CPTK, Mkango, or MKAR undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that CPTK, Mkango, or MKAR will make additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear, up to the consummation of the Proposed MKAR Transaction, in CPTK's or MKAR's public filings with the SEC, which are or will be (as appropriate) accessible at www.sec.gov, or Mkango's public filings on SEDAR+, which you are advised to review carefully.
For further information on Mkango, please contact:
Mkango Resources Limited
SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker
Caroline Rowe, Jen Clarke, Devik Mehta
UK: +44 20 3470 0470
H&P Advisory Limited
Joint Broker
Andrew Chubb, Leif Powis, Jay Ashfield
UK: +44 20 7907 8500
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any equity or other securities of the Company in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States to, or for the account or benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.
[1] Association for the Advancement of Cost Engineering (AACE) - Class 2 Estimate
[3] 7% real discount rates. NPVs are calculated by discounting real US dollar cash flows from 2027
[4] Current market prices ("Current Prices") for all NdFeB products sold in the U.S, excluding residual scrap, derived from updated November 2025 U.S. 2024 price quotes, over the life of the asset
[5] NPV does not include the economic benefit of any government or state incentives, carbon pricing
[6] Forecast market prices ("Forecast Prices") are the prices for all NdFeB products sold in the U.S, excluding residual scrap feed, with the rare earth price component thereof derived from the latest rare earth oxide price forecasts from Q1 (2027) Adamas Intelligence, over the life of the asset
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Kemper Corporation ("Kemper" or the "Company") (NYSE: KMPR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Kemper and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On May 6, 2026, Kemper disclosed that "[t]he increase in minimum liability limits effective January 1, 2025, has led to greater attorney involvement in claims and higher loss costs." Management further admitted: "This trend has developed over several quarters." Kemper also stated that although the relevant California rate filing was "6.9%: in aggregate, it was "about 50 points on bodily injury."
On this news, Kemper's stock price fell $3.37 per share, or 10.28%, to close at $29.40 per share on May 7, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Entegris (ENTG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Vicor earns a Buy rating, leveraging AI-driven demand for advanced power delivery and a robust IP licensing model. Q1 2026 results highlight 20.2% YoY revenue growth, 55.2% gross margin, and a 75% YoY backlog increase to $301M. VICR's strategic focus on 48V power delivery and aerospace/defense markets enhances diversification and long-term growth potential.
Fidelity National Financial operates the largest U.S. title insurance platform. A growing annuities, life insurance, and retirement segment compliments and diversifies the earnings stream. Even modest improvement in the housing market is likely to bolster the FNF bottom line. The business model features strong cash generation, a sound balance sheet, and solid margins; thereby supporting the current 4.3% dividend and meaningful share buybacks.
BOSTON, June 18, 2026 (GLOBE NEWSWIRE) -- Cabot Corporation (NYSE: CBT) has earned a platinum rating from EcoVadis, the highest recognition available, for the sixth consecutive year. The platinum rating recognizes Cabot’s environmental, social and governance (ESG) efforts and places the company among the top 1% of companies assessed by EcoVadis globally. This prestigious recognition highlights Cabot’s dedication to the innovation of meaningful environmental and social progress as well as its ongoing commitment to advancing transparency across its value chain.
EcoVadis assesses the sustainability performance and management systems of more than 150,000 companies in over 185 countries across more than 250 industries within four key areas: environment, labor & human rights, ethics, and sustainable procurement. This year, Cabot achieved a five point increase in its overall score, representing its largest year-over-year improvement to date, with notable gains made in the ethics category. The company once again earned an “outstanding” rating in both the environment category and labor & human rights categories, the highest recognition awarded by EcoVadis. The EcoVadis methodology is built on international sustainability standards, including the Global Reporting Initiative, United Nations Global Compact and ISO 26000.
“We are encouraged by this year’s EcoVadis results, which reflect meaningful progress across our sustainability program and our largest year-over-year score increase to date,” said Jennifer Chittick, Senior Vice President, Safety, Health and Environment (SH&E) and Government Affairs; Chief Sustainability Officer. “These results demonstrate how greater transparency, stronger cross-functional collaboration and disciplined execution are helping us strengthen how we operate while advancing progress toward our 2030 sustainability goals.”
As EcoVadis continues to enhance its scoring frameworks to reflect evolving global standards and best practices, Cabot remains equally committed to advancing the rigor and impact of its sustainability initiatives and ESG efforts throughout all aspects of its operations. The company continues to drive innovation across its operations, strengthening performance and transparency in alignment with these rising expectations. This ongoing progress is underpinned by a company-wide commitment to continuous improvement and a shared belief in contributing to a more sustainable future.
For more information about Cabot’s commitment to sustainability and its ESG disclosures, visit cabotcorp.com/sustainability.
ABOUT CABOT CORPORATION
Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company is a leading provider of reinforcing carbons, specialty carbons, battery materials, engineered elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed metal oxides and aerogel. For more information on Cabot, please visit the company’s website at cabotcorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in the press release regarding Cabot's business that are not historical facts are forward looking statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.
June 17, 2026 08:05 ET | Source: StepStone Group Inc
Now generally available: deal-level performance and operating metrics from SPI by StepStone, delivered directly within PitchBook workflows
Gives fund managers, investors, and service providers granular, apples-to-apples benchmarking across private equity buyout, venture capital and growth equity, and infrastructure
NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- StepStone Group (Nasdaq: STEP), a leading private market investment firm, and PitchBook, a leading private capital markets intelligence provider and Morningstar company (Nasdaq: MORN), today announced the general availability of SPI Deal Benchmarking, the deal-level benchmarking solution first unveiled in the firms’ May 2026 partnership. The solution is now live and accessible to fund managers and service providers through the PitchBook platform as a standalone offering, and to investors through SPI by StepStone.
The solution brings institutional-grade, deal-level benchmarking into PitchBook users' existing workflows for the first time, pairing SPI by StepStone's performance and operating metrics with PitchBook's private capital data, research, and AI-powered tools. All outputs are aggregated and anonymized to protect fund manager and deal confidentiality.
“When we announced this partnership, our goal was to give all market participants a fundamentally clearer view of granular trends within private markets and how performance is actually generated,” said Tyler Johnson, Partner and Chief Technology Officer at StepStone Group. “With today’s launch, that capability is now in their hands. Investors can compare deal performance and operating metrics across several dimensions, analyze track records, and unlock insights that sharpen every stage of their decision-making—all without leaving the tools they already use.”
“Fund managers have told us they need benchmarking that goes deeper than high-level fund comparisons and lives inside their existing workflows,” said Joanna McGinley, EVP of Strategic Partnerships and Initiatives at PitchBook. “That’s exactly what we’re delivering today. By enabling access to StepStone’s deal- and operating-level benchmarks, we’re giving the market a more integrated, transparent way to evaluate performance, support fundraising and underwriting, and navigate an increasingly complex environment.”
What’s now available
Enhanced deal-level analytics: A flexible analytics interface to report performance, exposure, deployment, operating metrics, and value creation analysis for private market deals—drawing on the combined deal and company classification databases of StepStone and PitchBook. Users can filter and report across strategy, industry, geography, size, and time period, with all outputs aggregated and anonymized. Clearer insight into performance drivers: Deal-level (vs. fund-level) analysis enables apples-to-apples comparisons, helping investors distinguish alpha from beta across their managers and portfolios. Rigorous deal underwriting & analysis: Detailed performance, valuation, and capital structure data supports more rigorous underwriting and better-informed investment decisions. Improved investor relations & investment strategy: More granular benchmarks help fund managers articulate and quantify their differentiators, strengthening transparency for fundraising and reporting and informing go-forward strategy. To learn more, click here. About StepStone Group
StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of March 31, 2026, StepStone was responsible for approximately $885 billion of total capital, including $233 billion of assets under management. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients. StepStone partners with its clients to develop and build private markets portfolios across the private equity, infrastructure, private debt and real estate asset classes. For more information, visit StepStone Group.
As the pulse of private capital markets, PitchBook delivers trusted, real-time data, research, and technology to help investors, dealmakers, and innovators make decisions with confidence. Its products provide comprehensive information on companies, investors, funds, deals, and people, along with tools that help professionals analyze market activity. Founded in 2007, PitchBook serves more than 100,000 clients worldwide and is recognized as a leading source of private capital market intelligence, with over 3,000 employees across offices in Seattle, San Francisco, New York, London, Singapore, Mumbai, and other global locations. Since 2016, PitchBook has been a subsidiary of Morningstar, Inc. For more information, visit www.pitchbook.com.
This weekly update tracks some of the largest cryptocurrencies by market share: Bitcoin and Ether. While both are considered high-risk assets, they possess foundational differences that investors should understand. We have also included XRP, as it was one of the largest cryptocurrencies when this series began. By definition, a cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, control the creation of additional units, and verify the transfer of assets.
Bitcoin Bitcoin was the world’s first decentralized digital currency. Since the first Bitcoin transaction occurred in early 2009, it has grown worldwide to a mainstream financial asset. While often volatile, as illustrated in the chart below, one can argue that the asset is highly resilient. Learn more about Bitcoin basics for new investors.
Bitcoin rose for the first time in five weeks, rebounding over 5% but still holding below the $70,000 threshold. BTC is currently down approximately 25% year-to-date and sits about 47% below its October 2025 record high.
Ether Ether is the native cryptocurrency run on the Ethereum blockchain platform, which launched in July 2015. It has the second largest market share, despite being the newest of the three assets discussed in this article.
Mirroring Bitcoin’s recovery, Ether’s closing price bounced back this week, rising over 9% but remaining below the $2,000 threshold. ETH is currently down approximately 40% year-to-date and is now roughly 63% below its record close from August 2025.
XRP XRP, which is owned by Ripple, was launched in 2012 and was one of the larger cryptocurrencies for some time until newer tokens entered the market.
Bitcoin vs. Ether vs. XRP An index has been created in order to chart these three cryptocurrencies together, considering their significantly different pricing histories. A logarithmic scale is used on the y-axis of this chart to better illustrate relative percentage changes and long-term growth trends, as opposed to absolute price fluctuations. The chart demonstrates which cryptocurrency’s price has shifted the most since November 9, 2017. At various points in history, all three have held the top spot but Bitcoin is currently in the lead.
On January 10th, 2024, the SEC approved spot bitcoin ETFs from a range of issuers such as Grayscale Bitcoin Trust ETF (GBTC), iShares Bitcoin Trust (IBIT), Fidelity Wise Origin Bitcoin Fund (FBTC), ARK 21Shares Bitcoin ETF (ARKB), Bitwise Bitcoin ETF (BITB), Coinshares Valkyrie Bitcoin Fund (BRRR). Review our spot Bitcoin ETF launch takeaways for a complete breakdown.
On July 23rd, 2024, a handful of spot ether ETFs launched from a range of issuers such as Grayscale Ethereum Trust (ETHE), Franklin Ethereum ETF (EZET), Bitwise Ethereum ETF (ETHW), iShares Ethereum Trust (ETHA), Fidelity Ethereum ETF (FETH). For a deep dive, see our spot Ether ETF guide.
Originally published on Advisor Perspectives.
For more news, information, and analysis, visit the Cryptocurrency Content Hub.
If you own Grayscale Bitcoin Trust (NYSE:GBTC), you are paying a premium for Bitcoin exposure that nearly identical funds now sell for a fraction of the price. The fund still quietly charges 1.50% a year, and that meter ran every single day of 2026’s 27.08% year to date drawdown. Fees do not pause for bear markets.
What You’re Actually Paying The headline cost is the sponsor fee. At 1.50%, GBTC takes $150 a year out of every $10,000 you have parked in it. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT), the dominant low-cost spot Bitcoin ETF, lists its expense ratio at 0.33% as of March 14, 2026. That is roughly $33 a year on the same $10,000. Same coin in the vault. Different toll.
Stretch that gap across a long holding period and the drag compounds. Each year the higher fee shaves off a slice of the price exposure you thought you were buying. Grayscale itself confirms the scale of the business: the firm runs over $35 billion in assets across various digital asset products. The fee is the product.
The Part the Factsheet Doesn’t Highlight The structural cost is what GBTC used to be and what it still drags behind. For years GBTC was a closed-end trust that traded at a persistent discount to the Bitcoin it held. One analysis at the time argued converting it could unlock up to $8 billion in value for investors by eliminating the trust’s persistent discount to net asset value. The conversion happened in January 2024, and the fee did not move. As InvestorPlace noted in January 2024, “the GBTC ETF carries a high expense ratio of 1.50%”, calling it “considerably more expensive than competitors.”
Holders voted with their money. Outflows hit $700 million to $785 million in a single day on January 22, 2024, and IBIT was already described as “poised to overtake GBTC in assets under management.” There is a second hidden cost in those outflows: legacy holders selling to escape the fee can trigger capital gains distributions and force tax drag on anyone who stays.
The Cheaper Mirror The exposure trade-off is almost nothing. IBIT and Fidelity’s Fidelity Wise Origin Bitcoin Fund (NYSEARCA:FBTC) both hold spot Bitcoin in cold storage and price off the same network. The performance lines up: over the past year, IBIT returned -38.89%, FBTC returned -38.86%, and GBTC returned -39.58%. Bitcoin itself fell 38.41% over the same window. GBTC trailed the spot coin and trailed the cheaper wrappers, in the same direction, by roughly the size of its fee gap. That is what a fee looks like in the wild.
Year to date the pattern repeats: Bitcoin is down 26.15%, IBIT is down 26.77%, FBTC is down 26.68%, and GBTC is down 27.08%. The cheaper mirror tracks the asset more closely because less of the asset is being skimmed off the top.
What This Means for You Loyalty to a ticker is not a strategy. If you bought GBTC before January 2024, you owned the only game in town and you paid for that scarcity. That moat is gone. The real question is whether your specific wrapper is worth roughly four to five times what the same exposure costs next door, and what your tax bill looks like if you decide it isn’t.
Spanning three schools, the initiative will modernize aging facilities, create long-term cost savings, and offer STEM learning opportunities for students
FRAMINGHAM, Mass. & MOUNT SINAI, N.Y.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading energy infrastructure solutions provider, today announced a comprehensive energy infrastructure project across the Mount Sinai School District in New York, including nine measures designed to replace aging building systems, reduce operating costs, and support a more resilient energy future for the district and its students.
Ameresco modernizes energy infrastructure across three Mount Sinai schools, supporting long-term savings and STEM learning
Share The project, valued at over $10M, includes full LED lighting replacements, upgraded energy management systems with direct digital controls, replacement of existing transformers with high-efficiency transformers, rooftop solar PV arrays at each school, and a fuel oil to natural gas conversion at the district's elementary school. Structured as an energy performance contract, the project began in May 2026 and is targeted for completion by the end of 2027.
“This partnership reflects the Mount Sinai School District’s ongoing commitment to maintaining safe, efficient, and modern learning environments for our students while being responsible stewards of taxpayer resources,” said Dr. Christine Criscione, Superintendent of Schools. “Through these upgrades, we are investing in our facilities, improving operational efficiency, and creating opportunities for students to connect with real-world energy and sustainability initiatives for years to come.”
Key outcomes of the project include:
Updated energy infrastructure across three schools on the north shore of Long Island, addressing outdated systems, cutting long-term operating costs, and reducing greenhouse gas emissions Significant expected savings over the project term, calculated according to New York State Education Department guidelines, supporting the district's financial and operational goals STEM programming, giving technology teachers and students hands-on experience with live energy data from the installed systems, while also exposing students to career opportunities in both engineering and the installation trades "Mount Sinai School District is taking a thorough approach to energy infrastructure that will benefit its students and community for decades," said Louis Maltezos, Co-President of Ameresco. "By blending operational upgrades with educational components, this project creates real, lasting value in the classroom and throughout the district's facilities."
To learn more about Ameresco’s energy infrastructure solutions for K-12 schools, visit https://www.ameresco.com/customers/k-12-schools/.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading energy infrastructure solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the global energy transition. Our comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. As a trusted full-service partner, Ameresco shows the way by reducing energy use and delivering energy infrastructure solutions to Federal, state and local governments, utilities, data centers, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Headquartered in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit www.ameresco.com.
The announcement of a customer’s entry into a project contract is not necessarily indicative of the timing or amount of revenue from such contract, of Ameresco’s overall revenue for any particular period or of trends in Ameresco’s overall total project backlog. This project was included in Ameresco’s previously reported contracted backlog as of March 31, 2025.
Key Takeaways UNM expects 2026 premium growth of 4-7% and adjusted operating EPS of $8.60-$8.90.Unum is investing in digital capabilities and operational transformation to support growth.UNM repurchased $402.4M of shares in Q1 despite pressure from rising expenses and weaker segments. Shares of Unum Group (UNM - Free Report) have gained 16.8% in the past year, outperforming the industry’s growth of 15.4%. The company’s share price closed at $91.62 on Wednesday and it is trading near its 52-week high of $93.22. This proximity underscores investor confidence. It has the ingredients for further price appreciation.
Strong premium growth, favorable disability claims experience, robust sales momentum and aggressive capital returns to shareholders through buybacks and dividends are driving the UNM stock performance. Earnings have grown 10.6% in the past five years, outperforming the industry average of 0.6%.
Shares of other insurers include AMERISAFE, Inc. (AMSF - Free Report) , which has lost 28.8%, while Globe Life Inc. (GL - Free Report) and Aflac Incorporated (AFL - Free Report) have gained 43% and 13.2%, respectively, in the past year.
1-Year Performance: UNM, AMSF, GL, AFL & Industry
Image Source: Zacks Investment Research
UNM’s Average Target Price Suggests UpsideBased on short-term price targets offered by 13 analysts, the Zacks average price target is $96.77 per share. The average suggests a potential 5.6% upside from the last closing price.
Image Source: Zacks Investment Research
UNM’s Attractive ValuationUnum Group’s shares are trading at a discount compared to the industry. Its price-to-book value of 1.34X is lower than the industry average of 1.73X, the Finance sector’s 4.53X and the Zacks S&P 500 Composite’s 8.02X.
Image Source: Zacks Investment Research
Zack Consensus Estimates of UNMThe Zacks Consensus Estimate for Unum Group’s 2026 revenues is pegged at $11.9 billion, implying a year-over-year decline of 10.3%, while 2026 EPS indicates a year-over-year increase of 7.8%.
The consensus estimate for 2027 earnings per share (EPS) and revenues indicates an increase of 10.4% and 4.1%, respectively, from the corresponding 2026 estimates.
The expected long-term earnings growth rate is 11.3%, better than the industry average of 9.7%.
Mixed Analyst Sentiment for UNMTwo of the three analysts have raised estimates for 2026, while one analyst has decreased estimates for 2027, with no upward movement over the past 30 days. Thus, the Zacks Consensus Estimate for 2026 and 2027 earnings has moved north 0.3% and south 0.3%, respectively, over the same period.
What Drives UNM?Premiums, the primary component of UNM’s top line, continue to benefit from its healthy in-force block growth and higher sales. In 2026, Unum Group anticipates total premium growth of 4-7%, driven by persistency, new sales, employment and salary growth, and the effectiveness of a renewal program. UNM expects adjusted operating income per share to be between $8.60 and $8.90, indicating growth of about 8-12%.
Unum Group remains focused on expanding its core businesses through continued investments in technology and operational transformation. The company is enhancing digital capabilities, customer engagement and broker experience to better address evolving customer needs. Management expects these initiatives to support robust premium growth and earnings expansion in 2026.
Unum Group is poised to grow on the operational excellence of Unum U.S. and Colonial Life. Unum U.S. continues to benefit from disciplined sales trends, strong persistency in group lines, strong large-case sales and favorable disability claims experience. Growth in voluntary benefits also supported results, while sales momentum was fueled by new customers in the large-case market and continued strength among existing core-market clients.
Operating income in the Colonial Life Segment has risen over the last few years, banking on improving premium income and favorable risk results. The company's conservative pricing and reserving practices have contributed to its overall profitability. Premium income should continue to increase due to prior period sales across all product lines. Management remains focused on moving toward a mix of businesses with higher growth and stable margins.
Unum Group enjoys a solid capital position and substantial statutory earnings and capital, leading to financial flexibility. The company has consistently enhanced shareholders’ value through dividend hikes and share buybacks.
Risks for UNMCompetitive pricing in the group disability market remains a key risk, as intense competition could pressure premium rates and constrain underwriting margins.
Unum Group has been witnessing a rise in total benefits and expenses over the past few years, inducing margin contraction. UNM expects the adjusted operating expense ratio to be 22%.
Performance at the Closed Block and Corporate segments has also been disappointing over the past few quarters.
End NoteFavorable sales trends, strong persistency, solid capital position and effective capital deployment should continue to favour UNM over the long term. However, competitive pricing in the group disability market, weak performance at the Closed Block and Corporate segments, and a rise in total benefits and expenses over the past few years remain concerns.
The company has an impressive dividend track record, having increased dividends 19 times in the last 17 years and yielding better than the industry average, making it an attractive pick for yield-seeking investors.
The insurer should continue to gain from premium growth, dividend history and the attractive valuation of the stock. It is, therefore, wise to retain this Zacks Rank #3 (Hold) stock at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Dycom Industries (DY - Free Report) , a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Dycom Industries currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for DY that show why this provider of specialty contracting services shows promise as a solid momentum pick.
A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.
For DY, shares are up 0.58% over the past week while the Zacks Building Products - Heavy Construction industry is up 0.69% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 14.12% compares favorably with the industry's 1.71% performance as well.
While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Dycom Industries have increased 34.53% over the past quarter, and have gained 103.48% in the last year. On the other hand, the S&P 500 has only moved 12.48% and 26.22%, respectively.
Investors should also pay attention to DY's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. DY is currently averaging 540,023 shares for the last 20 days.
Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with DY.
Over the past two months, 5 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost DY's consensus estimate, increasing from $13.85 to $15.60 in the past 60 days. Looking at the next fiscal year, 5 estimates have moved upwards while there have been no downward revisions in the same time period.
Bottom LineTaking into account all of these elements, it should come as no surprise that DY is a #1 (Strong Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Dycom Industries on your short list.
Shares of Dycom Industries (DY - Free Report) have gained 10.2% over the past four weeks to close the last trading session at $456.65, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $631 indicates a potential upside of 38.2%.
The average comprises 10 short-term price targets ranging from a low of $610.00 to a high of $654.00, with a standard deviation of $18.41. While the lowest estimate indicates an increase of 33.6% from the current price level, the most optimistic estimate points to a 43.2% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
But, for DY, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why DY Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The Zacks Consensus Estimate for the current year has increased 12.9% over the past month, as four estimates have gone higher compared to no negative revision.
Moreover, DY currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much DY could gain, the direction of price movement it implies does appear to be a good guide.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: IQVIA Holdings (IQV - Free Report) Headquartered in Durham, NC., IQVIA Holdings Inc. provides advanced analytics, technology solutions and contract research services to the life sciences industry. The company was formed through the merger of IMS Health (RX) and Quintiles. The company is focused on helping healthcare clients to better serve patients by bringing in updated and innovative ideas in the process of clinical development and commercialization, speeding innovation and accelerating improvements. IQVIA Holdings operates in more than 100 countries, with around 88,000 employees.
IQV is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 13.99; value investors should take notice.
Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.08 to $12.80 per share. IQV also boasts an average earnings surprise of +1.6%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, IQV should be on investors' short list.
Combining AI-powered media orchestration and human expertise with healthcare-grade data to deliver highly targeted, measurable engagement across HCP and patient audiences.
TORONTO--(BUSINESS WIRE)--StackAdapt (www.stackadapt.com), the leading AI advertising and orchestration platform, today announced a collaboration with IQVIA Digital to advance more relevant and compliant engagement with healthcare audiences. IQVIA Digital’s integrated solutions enable marketers to quickly transform data-driven insights into meaningful, privacy-conscious activation across the healthcare ecosystem.
Through this collaboration, StackAdapt’s programmatic advertising capabilities are now available within Media OS, IQVIA Digital’s end-to-end platform purpose-built for healthcare marketers. This integration enables brands and agencies to activate campaigns with StackAdapt’s best-in-class DSP directly from Media OS, a centralized environment designed around healthcare identities and compliance requirements.
Healthcare marketers have traditionally relied on separate platforms and partners across data, activation, and measurement, often resulting in disconnected workflows and limited visibility into campaign performance. By bringing these components together within Media OS, IQVIA Digital and StackAdapt simplify execution and improve visibility, enabling marketers to reach intended healthcare professionals with enhanced audience fidelity and relevant targeting across channels including CTV, video, display, native, and audio.
“StackAdapt is proud to work closely with IQVIA Digital to enhance the Media OS platform and support healthcare marketers with more connected advertising workflows,” said Mike Novosel, Vice President, Strategic Partnerships at StackAdapt. “Together, we are helping marketers reach healthcare audiences more seamlessly, reduce onboarding complexity, and gain clearer visibility into media measurement.”
For advertisers who prefer to activate campaigns directly within StackAdapt, IQVIA Digital audiences remain seamlessly accessible within the platform. This includes custom HCP audience creation, pre-built audience segments, and integrated healthcare measurement workflows, without requiring additional onboarding, external integrations, or third-party workflows.
For those centralizing campaigns within Media OS, the platform delivers a unified experience that brings together the best of healthcare-specific media and audience intelligence in one place. In addition to DSP-based activation, Media OS provides access to premium endemic healthcare environments, including electronic health record platforms, medical journals, and telehealth settings, as well as broader channels such as email, search, and social.
This release builds on StackAdapt’s growing healthcare offering, where IQVIA Digital’s healthcare intelligence supports HCP engagement, campaign measurement, and reporting capabilities designed for pharmaceutical and healthcare advertisers. StackAdapt works with healthcare organizations like Advanced Diabetes Supply, Mass General Brigham, VSP Vision Care, Indiana University Health, Genomic Health, and US Med.
About StackAdapt
StackAdapt is the leading AI advertising and orchestration platform marketers rely on to drive brand growth and revenue. Built entirely in-house with an easy-to-use interface, StackAdapt unifies programmatic and owned channels—including CTV, DOOH, display, native, audio, email, and more—into one seamless experience. The platform makes it easy to find the right audience, personalize creative, run campaigns, optimize, and measure results in one place. Trusted by the most forward-thinking brands and agencies, StackAdapt combines speed of innovation, deep vertical expertise, and partnership that powers real business growth. For further information, visit www.stackadapt.com.
About IQVIA Digital
IQVIA Digital powers exceptional brand experiences, delivering innovative solutions based on a customer-first, insights-driven, and integrated omnichannel vision. We provide authenticated, data and analytics, innovative fit-for-purpose healthcare technology, and the expertise to enable an effective and adaptable marketing model that drives better quality of care and patient outcomes. IQVIA is the leading global provider of data, advanced analytics, technology solutions and clinical research services for the life sciences industry. Contact us at www.IQVIADigital.com.
Key Takeaways LEN delivered 20,519 homes in Q2 FY2026, up 2%, while new orders totaled 21,749 homes.Lennar's average delivered-home sales price fell 5% to $371,000, pressuring profitability.LEN guides Q3 gross margin near 16% and cut FY2026 deliveries to about 82,000-83,000 homes. Lennar Corporation (LEN - Free Report) is still closing homes at a large scale, but the investment debate has shifted from volume to economics. Deliveries remain steady, while affordability pressure keeps pricing and margins under strain.
That mix makes 2026 a test of execution. LEN is preserving activity in a difficult housing market, but weaker revenue per home is limiting near-term stock appeal.
How LEN Is Managing a Tough Housing MarketElevated mortgage rates, affordability constraints and cautious consumer behavior continue to shape demand. Management noted mortgage rates in the mid-to-upper 6% range during the second quarter of fiscal 2026, with affordability still the defining challenge for buyers.
Lennar’s answer has been a volume-focused strategy. The company is using pricing adjustments and incentives to sustain sales activity and protect market share, even though that approach weighs on profitability and revenue momentum.
D.R. Horton, Inc. (DHI - Free Report) remains a relevant comparison because it also competes at national scale in entry-level and move-up housing. PulteGroup, Inc. (PHM - Free Report) provides another useful peer reference, given its broad U.S. homebuilding footprint and exposure to similar buyer affordability pressures.
Lennar Home Sales Still Show ScaleLennar delivered 20,519 homes in the second quarter of fiscal 2026, up 2% from the prior-year period and within management’s guidance range of 20,000-21,000 homes. New orders totaled 21,749 homes, down 4% year over year but still near the company’s operating targets.
That production consistency matters. It shows that LEN is not facing a collapse in activity, even as buyers remain selective. Steady closings and orders help investors evaluate execution, backlog conversion and market-share retention in a softer housing backdrop.
Backlog also offered some support. Lennar ended the quarter with 16,818 homes in backlog, up from 15,538 a year earlier, while backlog value rose to $6.61 billion from $6.48 billion.
Why LEN Pricing Keeps Pressure on ProfitsThe main pressure point is pricing. The average sales price of homes delivered fell 5% year over year to $371,000 from $389,000, reflecting continued market weakness and affordability-driven adjustments.
Gross margin on home sales declined to 15.6% from 17.8% a year earlier. Lower revenue per square foot and higher land costs offset some benefits from reduced construction costs, showing that LEN’s top-line pressure is tied more to weaker economics per home than to a sharp volume decline.
Incentives remain part of the story. Average sales price in the quarter reflected roughly 12.9% in incentives, along with base price adjustments needed to sustain volume.
Lennar’s Land Model Offers Some ProtectionLennar’s asset-light land strategy gives the company more flexibility than a traditional land-heavy model. At the end of the second quarter, about 98% of homesites were controlled through third parties, while only about 2% were owned.
Less than 5% of land remained on the balance sheet. Lennar controlled roughly 484,000 homesites and owned about 11,000, a structure designed to reduce capital intensity and limit balance-sheet risk through uneven housing cycles.
This model does not eliminate margin pressure. It can, however, help LEN preserve liquidity, adjust more quickly to changing demand and support market-share growth without tying up as much capital in land.
LEN Signals to Watch NextThe bottom line is that LEN’s scale remains intact, but investors still need evidence that volume can translate into better earnings power. Third-quarter guidance calls for 20,500-21,500 deliveries, 21,000-22,000 new orders and gross margin on home sales of roughly 16%.
Management also reduced its full-year fiscal 2026 delivery target to approximately 82,000-83,000 homes, citing pressure on interest rates and geopolitical uncertainty. That makes pricing, incentives and margin recovery the key signals to watch.
LEN currently carries a Zacks Rank #5 (Strong Sell). It also has weak Style Scores, including a Value Score of D, Growth Score of F, Momentum Score of D and VGM Score of F.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Rank reflects unfavorable earnings estimate revision trends over the one- to three-month horizon. The weak Style Scores indicate that LEN does not currently screen well across value, growth and momentum characteristics, reinforcing that operational scale has not yet translated into stronger near-term stock appeal.
LEN looks cheap on valuation metrics after its pullback, but falling earnings, estimate cuts and housing-market pressure keep the value-trap debate alive.
Key Takeaways LEN delivered 20,519 homes in Q2 FY2026, while average selling price fell 5% to $371,000.Lennar is investing in technology to improve land operations, sales conversion and efficiency.LEN cut construction costs and cycle times, but margins remain below year-ago levels. Lennar Corporation (LEN - Free Report) is navigating a housing market where affordability matters more than pricing power. Buyers remain stretched, mortgage rates have stayed in the mid-to-upper 6% range and demand remains uneven.
That backdrop is pushing Lennar toward volume discipline, cost control, land flexibility and technology investment. Those same conditions are keeping margins under pressure.
LEN Is Built for an Affordability CycleLennar’s strategy fits a market that rewards attainable pricing. In the second quarter of fiscal 2026, the company delivered 20,519 homes, up 2% year over year, even as new orders declined 4% to 21,749 homes.
Pricing flexibility remains central to that approach. Average selling prices on homes delivered fell 5% year over year to $371,000, reflecting weak demand and affordability support.
Even-flow production also matters. By matching starts, sales and closings, Lennar aims to protect market share and improve inventory efficiency rather than wait for higher prices.
D.R. Horton (DHI - Free Report) and PulteGroup (PHM - Free Report) face the same affordability-sensitive homebuilding cycle. Their inclusion in Lennar’s peer set reinforces that the pressure reflects broader demand friction.
Lennar Technology Push Aims to Lift EfficiencyLennar is trying to make the affordability cycle more manageable through technology. The company is investing in digital marketing, lead generation and customer conversion capabilities to improve responsiveness.
Its technology effort extends beyond the customer interface. Lennar is developing a technology-enabled land operating system intended to improve diligence, land acquisition and administration and reduce costs.
The goal is to operate more like a manufacturing homebuilder, with better data across land, product, construction, sales and customer experience. Payoff is longer term.
Technology spending can help execution, but adds near-term expense while revenue per home is under pressure.
LEN Costs and Cycle Times Are ImprovingLennar’s efficiency gains are the clearest counterweight to the pricing challenge. Construction cost per square foot declined to $81 in the second quarter and has fallen 13% over the past two years.
Cycle time improved to a record-low 121 days from 132 days a year earlier. Faster builds help reduce capital tied up in inventory and support more predictable delivery schedules.
Inventory turns improved to 2.5 times from 1.8 times a year ago. That matters because Lennar’s model depends on turning homesites and finished homes quickly enough to preserve activity in a weaker pricing environment.
Its land-light structure adds flexibility. At the end of the quarter, roughly 98% of homesites were controlled through third parties, while only about 2% were owned.
Lennar Margins Show the Industry Trade-OffThe margin picture shows why the stock remains pressured despite operational progress. Home sales gross margin improved sequentially to 15.6%, and incentives declined to 12.9% from 14.1% in the prior quarter.
Still, profitability remains well below last year’s level. Gross margin was 17.8% in the year-ago quarter, reflecting lower revenue per square foot and higher land costs, partly offset by lower construction costs.
Selling, general and administrative expenses remain elevated. They represented 9.2% of home sales revenues in the second quarter, up from 8.8% a year earlier, mainly because of lower revenue leverage and higher marketing and selling expenses.
This is the core industry trade-off. Builders can keep activity moving with incentives, price adjustments and faster turns, but profit per home can remain under pressure.
What LEN Ratings Say About This TrendThe bottom line is that Lennar’s operating model is improving, but the market is still focused on earnings and margin pressure. Lower construction costs, faster cycle times and a land-light model are positives, yet they have not fully offset affordability headwinds.
LEN currently carries a Zacks Rank #5 (Strong Sell). That ranking reflects weaker earnings estimate trends over the one-to-three-month horizon, which keeps the stock’s near-term setup cautious.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Style Scores also lean negative. LEN has a VGM Score of F, Value Score of D, Growth Score of F and Momentum Score of D. Since Style Scores complement the Zacks Rank, those weak grades suggest the stock lacks support across valuation, growth and momentum characteristics.
Lennar’s efficiency trends matter, but the current ratings show that those positives have not yet outweighed the pressure from lower pricing, elevated expenses and a difficult housing cycle.
Bank OZK is rated a buy, driven by strong Sunbelt expansion, robust loan growth, and leading ROE among regional peers. OZK's low debt/equity, rising investment yields, and superior dividend growth support a favorable risk profile and income thesis. Despite top-line strength, declining margins and near-term consensus for EPS declines temper a highly bullish case, resulting in a more modest bullish stance.
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Headquartered in St Louis, Ameren (AEE - Free Report) is a Utilities stock that has seen a price change of 10.64% so far this year. Currently paying a dividend of $0.75 per share, the company has a dividend yield of 2.72%. In comparison, the Utility - Electric Power industry's yield is 2.94%, while the S&P 500's yield is 1.4%.
Looking at dividend growth, the company's current annualized dividend of $3.00 is up 5.6% from last year. Over the last 5 years, Ameren has increased its dividend 5 times on a year-over-year basis for an average annual increase of 7.11%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Ameren's current payout ratio is 57%, meaning it paid out 57% of its trailing 12-month EPS as dividend.
AEE is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $5.36 per share, which represents a year-over-year growth rate of 6.56%.
Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. However, not all companies offer a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, AEE is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
Scandium Canada commends the Nation-led Nuuhchiimiiu Maaskinuw Project and reaffirms its commitment to community-driven development in Nunavik
June 17, 2026 – TheNewswire - MONTRÉAL, QUÉBEC – Scandium Canada Ltd. (TSX-V: SCD) (the “Company") welcomes and commends the announcement by the Naskapi Nation of Kawawachikamach (the “Naskapi Nation”) that it is advancing the first phase of the Naskapi Nuuhchiimiiu Maaskinuw Project, a Nation-led initiative to assess potential multi-user access corridor options within Nuchimiyuschiiy – the traditional Naskapi Nation territory – and to examine their environmental, cultural, social, and economic implications.
As described on June 12 by the Naskapi Nation in an official press release, the initiative is a community-driven assessment grounded in engagement with community members, Elders, land users, and neighbouring Nations. It was stated that the project is intended to gather information, conduct due diligence, and support informed decision-making.
Scandium Canada firmly believes that decisions about infrastructure in Nunavik must involve all First Nations and Inuit sharing that territory. The Company supports and salutes the Naskapi Nation's leadership in evaluating access corridor options and recognizes the priorities the Naskapi Nation has placed at the centre of this work: environmental stewardship, traditional land use, Indigenous governance, and collaboration with Indigenous Peoples and users of the corridor.
Quotes
"We commend the Naskapi Nation of Kawawachikamach for the leadership it is showing with the potential multi-user access corridor of the Nuuhchiimiiu Maaskinuw Project.” said Guy Bourassa, Chief Executive Officer (CEO) of Scandium Canada. "What matters to us is that the benefits of development reach the people whose land makes it possible. We are deeply committed to a relationship that delivers lasting, shared value to the Naskapi Nation and neighbouring communities.”
Scandium Canada emphasizes that the Nuuhchiimiiu Maaskinuw Project is an independent initiative led by the Naskapi Nation of Kawawachikamach. The Company fully respects the objectives of the assessment, which is intended to gather information, carry out due diligence, and support informed decision-making on future infrastructure options.
In alignment with the Nation's initiative, Scandium Canada continues its own engagement with the Indigenous communities connected to the Crater Lake project, which includes a hydrometallurgical plant in Schefferville, with the goal of fostering dialogue, understanding community priorities, and building lasting relationships based on trust, mutual respect, and collaboration.
ABOUT SCANDIUM CANADA LTD.
Scandium Canada (TSX-V: SCD) is a public company whose ultimate goal is to bring the most significant primary source of scandium in North America into production, enabling the development and commercialization of aluminum-scandium (Al-Sc) alloys. The Company is leveraging its Al-Sc alloys development division and the development of its Crater Lake mining project to meet the growing need for lighter, greener, longer-lasting, high-performance materials. The Company aims to become a market leader in scandium, while committing itself to building a more responsible economy through innovation and agility.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. The Naskapi Nuuhchiimiiu Maaskinuw Project is an initiative led by the Naskapi Nation of Kawawachikamach. Scandium Canada makes no representation as to the outcome, timing, or scope of the Nation's assessment, and nothing in this release should be interpreted as an indication of progress on, or approval of, infrastructure related to the Crater Lake project. Scandium Canada undertakes no obligation to update forward-looking statements except as required by applicable law.
Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements and future events, could differ materially from those anticipated in such statements. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Company’s disclosure documents on the SEDAR+ website at www.sedarplus.ca.
By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. Forward-looking statements are provided for the purpose of providing information about management’s endeavors to develop the Crater Lake project, and, more generally, its expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in our other filings with the securities regulators of Canada. The Company disclaims any intention or obligation to update or revise any forward-looking statement or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- The Entergy Texas, Inc. board of directors has declared a quarterly dividend payment of $0.3359375 per share on its Series A Preferred Stock. The dividend is payable July 15, 2026, to shareholders of record as of July 2, 2026.
About Entergy Texas
Entergy Texas (NYSE: ETI-PR) provides electricity to approximately 538,000 customers in 27 counties. Its customers are connected to the Midcontinent Independent System Operator Inc. power grid, which is a regional transmission organization responsible for administering the transmission systems of member utilities in 15 states stretching across the central region of the United States and Manitoba, Canada. Entergy Texas is a subsidiary of Entergy Corporation (NYSE: ETR). Entergy generates, transmits and distributes electricity to power life for more than 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're focused on keeping costs for our customers as low as possible while providing reliable energy that our communities count on. We're also investing in growth for the future with a more resilient, cleaner energy system that includes modern natural gas, nuclear and renewable energy generation. As a nationally recognized leader in sustainability and corporate citizenship, Entergy delivers more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at EntergyTexas.com and connect with @EntergyTX on social media.
The Zacks Leisure and Recreation Products industry is benefiting from strong fitness product sales, fueled by increasing health and wellness awareness among consumers. Product innovation, premium offerings and expanding e-commerce channels are further boosting demand and supporting growth. Industry participants that design, market, retail and distribute outdoor and recreational products are also benefiting from solid consumer interest in active lifestyles and outdoor activities. Stocks like YETI Holdings, Inc. (YETI - Free Report) , Malibu Boats, Inc. (MBUU - Free Report) , MasterCraft Boat Holdings, Inc. (MCFT - Free Report) and Escalade, Incorporated (ESCA - Free Report) are likely to benefit from the trends mentioned above.
Industry Description The Zacks Leisure and Recreation Products industry comprises companies that provide amusement and recreational products, swimming pools, marine products, golf courses, boat repair and maintenance services, and other ancillary services. The services include indoor and outdoor storage, marine, boat rentals and personal watercraft. Some industry participants manufacture outdoor equipment and apparel for climbing, mountaineering, backpacking and skiing. A few companies also provide connected fitness products and subscriptions for multiple household users. Industry players primarily thrive on overall economic growth, which fuels consumer demand for products. The demand, highly dependent on business cycles, is driven by a healthy labor market, rising wages and growing disposable income.
4 Trends Shaping the Future of the Leisure & Recreation Products Industry Robust Demand for Fitness-Related Products: The industry is gaining from a lasting shift toward health and wellness, as consumers increasingly prioritize active lifestyles and overall well-being. This trend is driving steady demand for a wide range of fitness and recreational products across both indoor and outdoor categories.In the United States, demand remains particularly strong, supported by evolving lifestyle habits and a growing focus on personal fitness. Consumers are investing in home workout equipment, wearable devices and subscription-based fitness services. At the same time, the expansion of digital fitness platforms and at-home training options is boosting adoption, especially among individuals seeking convenience and flexibility.
Booming Golf Business: The U.S. golf industry is experiencing strong growth, driven by rising participation rates, evolving formats and increasing engagement across diverse age groups. While traditional on-course play remains resilient, off-course concepts such as technology-enabled driving ranges and entertainment-focused venues are attracting younger and more casual players, broadening the sport's appeal. Demand for golf equipment is also benefiting from higher playing frequency and consumers' willingness to upgrade clubs, balls and accessories. Additionally, advancements in custom fitting, performance analytics and immersive golf experiences are boosting per-player spending.
Steady Momentum in the Boating Industry: The boating industry continues to benefit from growing interest in outdoor and water-based recreational activities. Rising participation in fishing, cruising and watersports is supporting demand for boats and related equipment, aided by improving disposable incomes and a preference for experience-driven leisure activities. Technological advancements, including improved fuel efficiency, smart connectivity features and enhanced onboard comfort, are encouraging consumers to upgrade to newer models. Meanwhile, the expansion of the pre-owned boat market and marina infrastructure is improving accessibility and supporting the industry's long-term growth prospects.
Connected, Tech-Enabled Products Are Redefining Engagement: Technology is becoming a core differentiator across leisure and recreation products. Smart fitness equipment, app-enabled gear and subscription-linked platforms are blurring the line between physical products and digital experiences. Peloton has shown how recurring software, content and community features can extend customer lifetime value beyond the initial hardware sale. From now on, manufacturers are investing in sensors, AI-driven personalization and data analytics to deepen engagement, improve outcomes and create more sticky ecosystems, rather than relying on one-time purchases.
Zacks Industry Rank Indicates Bright Prospects The Zacks Leisure and Recreation Products industry is grouped within the broader Consumer Discretionary sector.
The group’s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates bright near-term prospects.
The Leisure and Recreation Products industry currently holds a Zacks Industry Rank of #93, placing it in the top 38% of more than 247 Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
The industry’s position in the top 50% of the Zacks-ranked industries results from the positive earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, analysts are gaining confidence in this group’s earnings growth potential.
Before we present a few stocks from the industry that you may want to buy, let us look at the industry’s recent stock market performance and valuation picture.
Industry Underperforms the S&P 500 The Zacks Leisure and Recreation Products industry has underperformed the Zacks S&P 500 composite, but has outperformed its sector in the past year. Stocks in the industry have collectively gained 2.2% compared with the S&P 500’s rise of 30.1%. The Zacks Consumer Discretionary sector has declined 10% in the same time frame.
1-Year Price PerformanceValuation Based on forward 12-month price-to-earnings, which is a commonly used multiple for valuing leisure products stocks, the industry trades at 17.69X compared with the S&P 500’s 21.76X and the sector’s 17.05X. In the past five years, the industry has traded as high as 33.72X and as low as 13.83X, the median being 20.45X, as the charts show.
Forward Price-to-Earnings Ratio Compared With the S&P 500 4 Leisure & Recreation Products Stocks to Watch Malibu Boats: The company is benefiting from growing consumer interest in boating and other outdoor recreational activities. Malibu Boats’ focus on innovation, premium product offerings and advanced performance features continues to attract customers.
Shares of this Zacks Rank #1 (Strong Buy) company have declined 11.3% in the past year. The Zacks Consensus Estimate for MBUU's 2026 earnings has increased in the past 60 days. You can see the complete list of today’s Zacks #1 Rank stocks here.
Price & Consensus: MBUU
MasterCraft Boat: The company is benefiting from steady interest in recreational boating and watersports activities. MasterCraft Boat’s focus on premium performance boats, product innovation and strong brand recognition supports demand across its portfolio.
Shares of this Zacks Rank #1 company have surged 27.9% in the past year. The Zacks Consensus Estimate for MCFT's 2026 earnings has increased in the past 60 days.
Price & Consensus: MCFT
YETI Holdings: The company is benefiting from its strong brand, premium product portfolio and loyal customer base. Continued product innovation, expanding international presence and growing direct-to-consumer sales are supporting growth. The company is also capitalizing on increasing consumer interest in outdoor recreation, travel and active lifestyles, driving demand for its drinkware, coolers and other outdoor products. YETI Holdings holds a Zacks Rank #2 (Buy).
The Zacks Consensus Estimate for YETI’s 2026 earnings has increased in the past 60 days. YETI stock has soared 68.7% in the past year.
Price & Consensus: YETI
Escalade: The company is benefiting from growing participation in sports, fitness and recreational activities. Escalade’s diversified portfolio of sporting goods, indoor games and fitness products helps it capitalize on rising consumer interest in active lifestyles. Product innovation, strong brand recognition and expanding distribution channels are further supporting demand and driving growth.
Shares of this Zacks Rank #2 company have surged 32.3% in the past year. The Zacks Consensus Estimate for ESCA's 2026 earnings has increased in the past 60 days.
YETI Holdings has outperformed the S&P 500 over the last year, driven by strong brand loyalty, robust wholesale growth and international expansion. Management raised FY26 guidance, now projecting 7–8% sales growth and adjusted EPS of $2.83–$2.89. International expansion remains a key growth lever, with high-teens to 20% expected sales growth and new market entries in Asia planned.
BFA Law is investigating whether Ensign committed securities fraud by making false and misleading statements to investors regarding the quality of care at its nursing facilities, the sustainability of its growth and profit margins, and its regulatory compliance.
NEW YORK--(BUSINESS WIRE)--Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Ensign Group, Inc. (NASDAQ:ENSG) for potential securities fraud after significant stock drops.
BFA Law is investigating whether Ensign committed securities fraud by making false and misleading statements to investors.
ShareIf you invested in Ensign, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.
Key Details of the Ensign ($ENSG) Class Action Investigation:
Investigation Overview: Securities fraud relating to Ensign’s misrepresentations about care quality at the company’s nursing facilities, as well as Ensign’s growth, margins, and regulatory complianceStock Declines: June 8, 2026 – 8.2% Stock Drop; June 10, 2027 – 3% Stock DropAction: Contact BFA Law to discuss your rightsWhy is Ensign Being Investigated for Securities Fraud?
Ensign is a healthcare services company that operates skilled nursing, senior living, and rehabilitative care facilities through a network of affiliated providers. Ensign relies heavily on Medicare and Medicaid reimbursements, making government funding and regulatory compliance central to Ensign’s business model.
BFA is investigating whether Ensign misled investors about the quality of care at its facilities, as well as Ensign’s growth, margins, and regulatory compliance.
Why did Ensign’s Stock Drop?
On June 8, 2026, Hunterbrook Capital published a research report titled “Ensign: The Nursing Home Empire Built on Fatal Neglect” based on a five month investigation that alleged “Ensign’s profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government.” According to Hunterbrook, Ensign padded its profit margin by understaffing its facilities while routing Medicare and Medicaid payments to affiliate entities owned or controlled by Ensign.
This news caused the price of Ensign stock to decline $13.88 per share, or 8.2%, from a closing price of $170.30 per share on June 5, 2026, to $156.42 per share on June 8, 2026.
On June 11, 2026, Muddy Waters Research published a research report titled “Ensign: Deceiving the Government at Estimated ~20% of Facilities” which alleged that Ensign “rents” required nursing-home administrator licenses from off-site administrators that do not actually oversee its facilities to create the appearance of regulatory compliance. According to Muddy Waters, genuine regulatory compliance would significantly reduce Ensign’s profitability.
On this news, the price of Ensign stock declined $4.52 per share, or 3%, from a closing price of $151.65 per share on June 10, 2026, to $147.13 per share on June 11, 2026.
Click here for more information: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.
What Can You Do?
If you invested in Ensign, 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.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Ensign Group, Inc. (NASDAQ:ENSG) for potential securities fraud after significant stock drops.
If you invested in Ensign, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.
Key Details of the Ensign ($ENSG) Class Action Investigation:
Investigation Overview: Securities fraud relating to Ensign’s misrepresentations about care quality at the company’s nursing facilities, as well as Ensign’s growth, margins, and regulatory complianceStock Declines: June 8, 2026 – 8.2% Stock Drop; June 10, 2027 – 3% Stock DropAction: Contact BFA Law to discuss your rightsWhy is Ensign Being Investigated for Securities Fraud?
Ensign is a healthcare services company that operates skilled nursing, senior living, and rehabilitative care facilities through a network of affiliated providers. Ensign relies heavily on Medicare and Medicaid reimbursements, making government funding and regulatory compliance central to Ensign’s business model.
BFA is investigating whether Ensign misled investors about the quality of care at its facilities, as well as Ensign’s growth, margins, and regulatory compliance.
Why did Ensign’s Stock Drop?
On June 8, 2026, Hunterbrook Capital published a research report titled “Ensign: The Nursing Home Empire Built on Fatal Neglect” based on a five month investigation that alleged “Ensign’s profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government.” According to Hunterbrook, Ensign padded its profit margin by understaffing its facilities while routing Medicare and Medicaid payments to affiliate entities owned or controlled by Ensign.
This news caused the price of Ensign stock to decline $13.88 per share, or 8.2%, from a closing price of $170.30 per share on June 5, 2026, to $156.42 per share on June 8, 2026.
On June 11, 2026, Muddy Waters Research published a research report titled “Ensign: Deceiving the Government at Estimated ~20% of Facilities” which alleged that Ensign “rents” required nursing-home administrator licenses from off-site administrators that do not actually oversee its facilities to create the appearance of regulatory compliance. According to Muddy Waters, genuine regulatory compliance would significantly reduce Ensign’s profitability.
On this news, the price of Ensign stock declined $4.52 per share, or 3%, from a closing price of $151.65 per share on June 10, 2026, to $147.13 per share on June 11, 2026.
Click here for more information: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.
What Can You Do?
If you invested in Ensign, 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.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Ensign Group, Inc. (NASDAQ:ENSG) for potential securities fraud after significant stock drops.
If you invested in Ensign, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.
Key Details of the Ensign ($ENSG) Class Action Investigation:
Investigation Overview: Securities fraud relating to Ensign’s misrepresentations about care quality at the company’s nursing facilities, as well as Ensign’s growth, margins, and regulatory complianceStock Declines: June 8, 2026 – 8.2% Stock Drop; June 10, 2027 – 3% Stock DropAction: Contact BFA Law to discuss your rights Why is Ensign Being Investigated for Securities Fraud?
Ensign is a healthcare services company that operates skilled nursing, senior living, and rehabilitative care facilities through a network of affiliated providers. Ensign relies heavily on Medicare and Medicaid reimbursements, making government funding and regulatory compliance central to Ensign’s business model.
BFA is investigating whether Ensign misled investors about the quality of care at its facilities, as well as Ensign’s growth, margins, and regulatory compliance.
Why did Ensign’s Stock Drop?
On June 8, 2026, Hunterbrook Capital published a research report titled “Ensign: The Nursing Home Empire Built on Fatal Neglect” based on a five month investigation that alleged “Ensign’s profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government.” According to Hunterbrook, Ensign padded its profit margin by understaffing its facilities while routing Medicare and Medicaid payments to affiliate entities owned or controlled by Ensign.
This news caused the price of Ensign stock to decline $13.88 per share, or 8.2%, from a closing price of $170.30 per share on June 5, 2026, to $156.42 per share on June 8, 2026.
On June 11, 2026, Muddy Waters Research published a research report titled “Ensign: Deceiving the Government at Estimated ~20% of Facilities” which alleged that Ensign “rents” required nursing-home administrator licenses from off-site administrators that do not actually oversee its facilities to create the appearance of regulatory compliance. According to Muddy Waters, genuine regulatory compliance would significantly reduce Ensign’s profitability.
On this news, the price of Ensign stock declined $4.52 per share, or 3%, from a closing price of $151.65 per share on June 10, 2026, to $147.13 per share on June 11, 2026.
Click here for more information: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.
What Can You Do?
If you invested in Ensign, 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.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
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.
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of The Ensign Group, Inc. (NASDAQ: ENSG) resulting from allegations that Ensign may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Ensign securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/the-ensign-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On June 8, 2026, Investing.com published an article entitled "Ensign Group stock tumbles after short seller report." The article stated that Ensign shares fell after "short seller Hunterbrook released a report alleging the nursing home operator’s business model relies on inadequate patient care and gaming quality metrics." Further, the article stated that Hunterbrook "published findings from a five-month investigation claiming the company’s profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates. The report alleges patients have suffered and died as a result."
On this news, Ensign Group shares fell sharply in intraday trading on June 8, 2026.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of The Ensign Group, Inc. ("Ensign Group" or the "Company") (NASDAQ: ENSG). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Ensign Group and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 8, 2026, Hunterbrook published a short report alleging that Ensign Group's business model relies on inadequate patient care and gaming quality metrics. The Hunterbrook report further alleges that Ensign Group's profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates, and that patients have suffered and died as a result.
Following publication of the Hunterbrook report, Ensign Group's stock price fell $13.88 per share, or 8.15%, to close at $156.42 per share on June 8, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
New York, New York--(Newsfile Corp. - June 18, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of The Ensign Group, Inc. (NASDAQ: ENSG) resulting from allegations that Ensign may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Ensign securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/cases/the-ensign-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On June 8, 2026, Investing.com published an article entitled "Ensign Group stock tumbles after short seller report." The article stated that Ensign shares fell after "short seller Hunterbrook released a report alleging the nursing home operator's business model relies on inadequate patient care and gaming quality metrics." Further, the article stated that Hunterbrook "published findings from a five-month investigation claiming the company's profits depend on understaffing facilities while routing taxpayer dollars to executives and affiliates. The report alleges patients have suffered and died as a result."
On this news, Ensig's shares fell sharply in intraday trading on June 8, 2026.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302094
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
June 19, 2026 06:00 ET | Source: The Ensign Group, Inc.
SAN JUAN CAPISTRANO, Calif., June 19, 2026 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it has declared a quarterly cash dividend of $0.0650 per share of Ensign common stock, payable on or before July 31, 2026, to shareholders of record as of June 30, 2026.
Ensign has been a dividend-paying company since 2002.
About Ensign™
The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 396 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.
NEW YORK, June 19, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Ensign Group, Inc. (NASDAQ:ENSG) for potential securities fraud after significant stock drops.
If you invested in Ensign, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.
Key Details of the Ensign ($ENSG) Class Action Investigation:
Investigation Overview: Securities fraud relating to Ensign’s misrepresentations about care quality at the company’s nursing facilities, as well as Ensign’s growth, margins, and regulatory complianceStock Declines: June 8, 2026 – 8.2% Stock Drop; June 10, 2027 – 3% Stock DropAction: Contact BFA Law to discuss your rights Why is Ensign Being Investigated for Securities Fraud?
Ensign is a healthcare services company that operates skilled nursing, senior living, and rehabilitative care facilities through a network of affiliated providers. Ensign relies heavily on Medicare and Medicaid reimbursements, making government funding and regulatory compliance central to Ensign’s business model.
BFA is investigating whether Ensign misled investors about the quality of care at its facilities, as well as Ensign’s growth, margins, and regulatory compliance.
Why did Ensign’s Stock Drop?
On June 8, 2026, Hunterbrook Capital published a research report titled “Ensign: The Nursing Home Empire Built on Fatal Neglect” based on a five month investigation that alleged “Ensign’s profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government.” According to Hunterbrook, Ensign padded its profit margin by understaffing its facilities while routing Medicare and Medicaid payments to affiliate entities owned or controlled by Ensign.
This news caused the price of Ensign stock to decline $13.88 per share, or 8.2%, from a closing price of $170.30 per share on June 5, 2026, to $156.42 per share on June 8, 2026.
On June 11, 2026, Muddy Waters Research published a research report titled “Ensign: Deceiving the Government at Estimated ~20% of Facilities” which alleged that Ensign “rents” required nursing-home administrator licenses from off-site administrators that do not actually oversee its facilities to create the appearance of regulatory compliance. According to Muddy Waters, genuine regulatory compliance would significantly reduce Ensign’s profitability.
On this news, the price of Ensign stock declined $4.52 per share, or 3%, from a closing price of $151.65 per share on June 10, 2026, to $147.13 per share on June 11, 2026.
Click here for more information: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.
What Can You Do?
If you invested in Ensign, 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.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
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.
, /PRNewswire/ -- The Ensign Group (NASDAQ: ENSG) investors saw the price of their shares in the skilled nursing facilities ("SNFs") provider tumble over 8% on June 8 and another 3% on June 11, 2026 after Hunterbrook Media and Muddy Waters Research, respectively, published highly critical reports questioning Ensign's business practices.
In total, over $500 million of Ensign's market capitalization has been wiped out since June 7, 2026, the day before the first of the two reports.
These developments have prompted national shareholder rights firm Hagens Berman to open an investigation into allegations within the two reports and whether Ensign may have violated the federal securities laws.
The firm encourages Ensign investors who suffered substantial losses to submit your losses now.
The Ensign Group (ENSG) Investigation:
The investigation is primarily focused on the propriety of Ensign's disclosures about SNF acquisitions, regulatory compliance, and certain accounting matters.
In the past, Ensign repeatedly assured investors that "compliance and quality outcomes are precursors to outstanding financial performance" and "we strive to aggressively increase quality in every facility we acquire, and to adjust our overall policies to adapt to CMS's changing criteria for the Five-Star Quality Rating System."
But, on June 8, 2026, Hunterbrook published its report, contending in part that "Ensign's profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government." In addition, the firm said that "[w]e found Ensign's growth strategy is to buy struggling nursing homes – then cut staff at those facilities and bank the savings, all while claiming quality improves."
Then, on June 11, 2026, Muddy Waters Research published its report, adding to Hunterbrook's analysis. Muddy Waters sent investigators to 57 of Ensign's SNFs and found "red flags consistent with rented" NHA licenses that enabled "Ensign to state the facilities have licensed Administrators when in fact these administrators are seldom on premise and do not substantively manage the facilities."
The firm concluded that "this scheme, which could amount to fraud against states, Medicare, and Medicaid, is the pillar upon which Ensign's acquisition strategy and margins is built[]" and "[u]nder the False Claims Act, if these practices have been in place for one year at ~20% of facilities, we estimate the violations carry theoretical sanctions in the billions of dollars."
"Our investigation is focused on whether the analysts' allegations are accurate and, if so, whether Ensign may have misled investors about its business practices and accounting," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.
If you invested in Ensign and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »
If you'd like more information and answers to other frequently asked questions about the firm's Ensign investigation, read more »
Whistleblowers: Persons with non-public information regarding Ensign should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
, /PRNewswire/ -- The Ensign Group (NASDAQ: ENSG) investors saw the price of their shares in the skilled nursing facilities ("SNFs") provider tumble over 8% on June 8 and another 3% on June 11, 2026 after Hunterbrook Media and Muddy Waters Research, respectively, published highly critical reports questioning Ensign's business practices.
In total, over $500 million of Ensign's market capitalization has been wiped out since June 7, 2026, the day before the first of the two reports.
These developments have prompted national shareholder rights firm Hagens Berman to open an investigation into allegations within the two reports and whether Ensign may have violated the federal securities laws.
The firm encourages Ensign investors who suffered substantial losses to submit your losses now.
The Ensign Group (ENSG) Investigation:
The investigation is primarily focused on the propriety of Ensign's disclosures about SNF acquisitions, regulatory compliance, and certain accounting matters.
In the past, Ensign repeatedly assured investors that "compliance and quality outcomes are precursors to outstanding financial performance" and "we strive to aggressively increase quality in every facility we acquire, and to adjust our overall policies to adapt to CMS's changing criteria for the Five-Star Quality Rating System."
But, on June 8, 2026, Hunterbrook published its report, contending in part that "Ensign's profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government." In addition, the firm said that "[w]e found Ensign's growth strategy is to buy struggling nursing homes – then cut staff at those facilities and bank the savings, all while claiming quality improves."
Then, on June 11, 2026, Muddy Waters Research published its report, adding to Hunterbrook's analysis. Muddy Waters sent investigators to 57 of Ensign's SNFs and found "red flags consistent with rented" NHA licenses that enabled "Ensign to state the facilities have licensed Administrators when in fact these administrators are seldom on premise and do not substantively manage the facilities."
The firm concluded that "this scheme, which could amount to fraud against states, Medicare, and Medicaid, is the pillar upon which Ensign's acquisition strategy and margins is built[]" and "[u]nder the False Claims Act, if these practices have been in place for one year at ~20% of facilities, we estimate the violations carry theoretical sanctions in the billions of dollars."
"Our investigation is focused on whether the analysts' allegations are accurate and, if so, whether Ensign may have misled investors about its business practices and accounting," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.
If you invested in Ensign and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now »
If you'd like more information and answers to other frequently asked questions about the firm's Ensign investigation, read more »
Whistleblowers: Persons with non-public information regarding Ensign should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
View original content to download multimedia:https://www.prnewswire.com/news-releases/the-ensign-group-ensg-shares-fall-amid-activist-forensic-reports-challenging-patient-care-claims-legal-compliance----hbss-302804936.html
Philadelphia, Pennsylvania--(Newsfile Corp. - June 17, 2026) - National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against ChampionX Corporation (NASDAQ: CHX) ("ChampionX" or the "Company") on behalf of investors who sold ChampionX common stock during the period from February 29, 2024 through April 1, 2024 (the "Class Period").
Investor Deadline: Investors who sold ChampionX common stock during the Class Period may, no later than July 14, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
Headquartered in The Woodlands, TX, ChampionX was a supplier of production chemicals and artificial lift solutions to oil and gas operators worldwide. It was acquired by SLB in July 2025.
According to the lawsuit, while ChampionX held undisclosed acquisition offers from SLB at prices significantly higher than the then-current market price of ChampionX shares, the Company repurchased a sizable amount of its own common stock from unsuspecting investors at market prices significantly below those undisclosed offer prices. During the Class Period, ChampionX's average stock price was $33.32 per share. ChampionX had an obligation to disclose that it had received a formal acquisition offer from SLB or abstain from purchasing ChampionX stock from unsuspecting investors.
On April 2, 2024, during pre-market hours, ChampionX disclosed the merger with SLB. The merger eventually closed on July 16, 2025, with SLB acquiring ChampionX for $40.58 per share.
If you are a ChampionX investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267) 764-4865.
About Berger Montague
Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301829
Source: Berger Montague
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds ChampionX Corporation (“ChampionX” or the “Company”) (formerly NASDAQ: CHX) investors of the July 14, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.
Should You Join The ChampionX Class Action Lawsuit:
Do you, or did you, own shares of ChampionX Corporation (formerly NASDAQ: CHX)?
Did you sell your shares between February 29, 2024 and April 1, 2024, inclusive?
Did you lose money in your investment in ChampionX Corporation?
Investors are encouraged to act promptly and submit a form at ChampionX Corporation Shareholder Class Action Lawsuit, email Jeffrey McEachern at [email protected], or call us at (877) 779-1414.
If you wish to serve as lead plaintiff for the Class, you must file papers by July 14, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About The Lawsuit:
A lawsuit was filed on behalf of investors (the “Class”) who sold the common stock of ChampionX between February 29, 2024 and April 1, 2024, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.
The lawsuit alleges that defendants repurchased millions of dollars’ worth of ChampionX shares without disclosing material nonpublic information about Schlumberger Limited’s offers to purchase ChampionX at a premium to then-current prices, which, if disclosed as required, would have indicated to investors that ChampionX’s stock was worth significantly more.
About Bernstein Liebhard:
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.
, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against ChampionX Corporation ("ChampionX" or the "Company") (NASDAQ: CHX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether ChampionX and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until July 14, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired ChampionX securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
A Complaint has filed on behalf of investors who sold ChampionX common stock during the Class Period, alleging that the defendants failed to disclose material information, which artificially deflated the price of ChampionX common stock.
Per the allegations of the Complaint, on February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The ChampionX class action lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors.
During the Class Period, ChampionX's average stock price was $33.32 per share. On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
New York, New York--(Newsfile Corp. - June 18, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against ChampionX Corporation (NASDAQ: CHX) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ChampionX securities between February 29, 2024 and April 1, 2024, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/CHX.
ChampionX Case Details
The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:
while repurchasing millions of dollars' worth of ChampionX Corporation ("ChampionX" or the "Company") common stock, Defendants were in possession of material nonpublic information regarding offers made by Schlumberger Limited ("SLB") to acquire ChampionX at a premium to prevailing market prices; Defendants failed to either abstain from trading or disclose SLB's offer(s), which, if disclosed, would have signaled to investors that ChampionX's stock was worth significantly more than its trading price; Defendants further failed to disclose subsequent offers and negotiations involving ChampionX and SLB; and as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading at all relevant times.What's Next for ChampionX Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/CHX, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in ChampionX you have until July 14, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to ChampionX Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for ChampionX Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Attorney advertising.
Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297978
Source: Bronstein, Gewirtz & Grossman, LLC
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
SAN DIEGO--(BUSINESS WIRE)--Robbins LLP reminds investors that a class action was filed on behalf of all sellers of ChampionX Corporation (NASDAQ: CHX) common stock between February 29, 2024 and April 1, 2024. ChampionX is a global provider of chemistry solutions, artificial lift systems, and highly engineered equipment and technologies for the drilling and production of oil and gas.
Robbins LLP is Investigating Allegations that ChampionX Corporation (CHX) Repurchased Shares of its Stock in Violation of Securities Laws
ShareFor more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
What is the class period? February 29, 2024 – April 1, 2024
What are the allegations? Robbins LLP is Investigating Allegations that ChampionX Corporation (CHX) Repurchased Shares of its Stock in Violation of Securities Laws
According to the complaint, during the class period, defendants repurchased 216,000 shares of ChampionX stock – worth millions of dollars – from unsuspecting investors without disclosing material nonpublic information about SLB’s offers to purchase ChampionX at a premium to then-current prices. If this information had been disclosed as required it would have indicated to investors that ChampionX’s stock was worth significantly more.
Plaintiff alleges that when investors learned the truth that SLB was willing to buy all the Company's outstanding stock for a significant premium above the trading price, ChampionX's stock price climbed sharply, harming investors who sold during the class period.
What can shareholders do now? You may be eligible to participate in the class action against ChampionX Corporation. Shareholders who wish to serve as lead plaintiff for the class must submit their papers with the court by July 14, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.
To be notified if a class action against ChampionX Corporation settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of common stock of ChampionX Corporation (NASDAQ: CHX) between February 29, 2024 and April 1, 2024, inclusive (the “Class Period”), of the important July 14, 2026 lead plaintiff deadline.
SO WHAT: If you sold ChampionX common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 14, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period failed to disclose material information, which artificially deflated the price of ChampionX common stock. On February 29, 2024, ChampionX received an unsolicited non-public offer from Schlumberger Limited to purchase all the outstanding shares of ChampionX for $36.70 per share. On March 7, 2024, Schlumberger raised its offer to $37.80 per share. The lawsuit alleges that while these offers were on the table and unknown to the investing public, ChampionX was repurchasing its common stock at market prices significantly below the prices offered by Schlumberger. ChampionX had an obligation to disclose that it had received a formal acquisition offer from Schlumberger or abstain from purchasing ChampionX stock from unsuspecting investors. During the Class Period, ChampionX’s average stock price was $33.32 per share. On Tuesday, April 2, 2024, during pre-market hours, ChampionX disclosed the merger with Schlumberger. The merger eventually closed on July 16, 2025, with Schlumberger acquiring ChampionX for $40.58 per share.
To join the ChampionX class action, go to https://rosenlegal.com/cases/championx-corporation/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com