NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against CarMax, Inc. (NYSE: KMX) and certain of the Company’s senior executives for securities fraud after a significant stock drop resulting from the potential violations of the federal securities laws.
If you invested in CarMax, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/carmax-inc-class-action-lawsuit.
Investors have until January 2, 2026, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in CarMax securities. The case is pending in the U.S. District Court for the District of Maryland and is captioned Jason Cap v. CarMax, Inc., et al., No. 1:25-cv-03602.
Why is CarMax Being Sued For Securities Fraud?
CarMax sells used cars. During the relevant period, the Company touted the strong and sustainable demand for its cars, driven by factors such as a seamless customer experience.
As alleged, in truth, it appears that the announcement of U.S. tariffs imposed on cars provided a short-term boost to demand, as customers purchased cars prior to the tariffs taking effect.
BFA Law is also investigating the unexpected departure of CEO Bill Nash on November 6, 2025, and whether CarMax properly assessed or reserved for its portfolio of car loans.
Why did CarMax’s Stock Drop?
On September 25, 2025, the Company reported disappointing financial results for the second quarter of its fiscal year 2026. Specifically, CarMax announced sales declines across the board, including a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units. The Company also posted a disappointing second quarter net income of about $95.4 million, down from $132.8 million over the prior year. A main reason for the declines, according to CarMax, was a “pull forward” in demand into the first fiscal quarter due to the announcement of tariffs.
On this news, the price of CarMax stock dropped $11.45 per share, or roughly 20%, from $57.05 per share on September 24, 2025, to $45.60 per share on September 25, 2025.
Then, on November 6, 2025, CarMax announced the unexpected departure of CEO Bill Nash and a weak preliminary Q3 2025 outlook. On this news, the price of CarMax stock dropped over 24%.
Click here for more information: https://www.bfalaw.com/cases/carmax-inc-class-action-lawsuit.
What Can You Do?
If you invested in CarMax 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, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Synopsys, Inc. (NASDAQ: SNPS) and certain of the Company’s senior executives for securities fraud after a significant stock drop resulting from the potential violations of the federal securities laws.
If you invested in Synopsys, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/synopsys-inc-class-action-lawsuit.
Investors have until December 30, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Synopsys securities. The class action is pending in the U.S. District Court for the Northern District of California and is captioned Kim v. Synopsys, Inc., et al., No. 3:25-cv-09410.
Why Was Synopsys Sued for Securities Fraud?
Synopsys provides design automation software products used to design and test integrated circuits. The Company’s Design IP segment, which provides pre-designed silicon components to semiconductor companies, has been the Company’s fastest-growing segment, growing from 25% of its revenue in 2022, to 31% in 2024.
During the relevant period, Synopsys told investors that its customers “rely on Synopsys IP to minimize integration risk and speed time to market” and that it was seeing “strength in Europe and South Korea.” Synopsys also stated it was “continuing to develop and deploy[] AI into our products and the operations of our business.”
As alleged, in truth, the Company’s Design IP customers began to require additional customization for IP components, which was deteriorating the economics of its Design IP business and jeopardizing its business model.
The Stock Declines as the Truth Is Revealed
On September 9, 2025, Synopsys released its Q3 2025 financial results, revealing its “IP business underperformed expectations.” The Company reported revenue for its Design IP segment of $425.9 million, a 7.7% decline year-over-year and net income of $242.5 million, a 43% year-over-year decline. The Company revealed that its Design IP customers require “more and more customization,” which “takes longer” and requires “more resources.” As a result, the Company stated it was having “an ongoing dialogue with our customers” regarding changing its business model. This news caused the price of Synopsys stock to fall $217.59 per share, or nearly 36%, from $604.37 per share on September 9, 2025, to $387.78 per share on September 10, 2025.
Click here for more information: https://www.bfalaw.com/cases/synopsys-inc-class-action-lawsuit.
What Can You Do?
If you invested in Synopsys 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, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against James Hardie Industries plc (NYSE: JHX) and certain of the Company’s senior executives for securities fraud after a significant stock drop resulting from the potential violations of the federal securities laws.
If you invested in James Hardie, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/james-hardie-industries-class-action-lawsuit.
Investors have until December 23, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in James Hardie common stock (formerly American Depositary Shares). The class action is pending in the U.S. District Court for the Northern District of Illinois and is captioned Laborers’ District Council and Contractors’ Pension Fund of Ohio v. James Hardie Industries plc, et al., No. 1:25-cv-13018.
Why Was James Hardie Sued for Securities Fraud?
James Hardie is a producer and marketer of high-performance fiber cement building solutions. The largest application for the Company’s fiber cement building products in the United Stated and Canada is in external siding for the residential building industry.
During the relevant period, James Hardie told investors that the results of its North American fiber cement segment demonstrated its “inherent strength” and “the underlying momentum in our strategy.” The Company also stated on May 20, 2025, that it was seeing “normal stock levels” among its customers and that it was “seeing performance in the month to date as we would expect.”
As alleged, in truth, the Company’s North American sales during the relevant period were the result of inventory loading by channel partners, with the hallmarks of fraudulent channel stuffing, not sustainable customer demand as represented.
The Stock Declines as the Truth Is Revealed
On August 19, 2025, James Hardie revealed that its North American fiber cement sales declined 12% during the quarter, driven by destocking first discovered “in April through May” as customers “made efforts to return to more normal inventory levels[.]” The Company also revealed that significant inventory destocking was expected to continue to impact sales for the next several quarters. On this news, the price of James Hardie stock fell $9.79 per share, or more than 34%, from $28.43 per share on August 19, 2025, to $18.64 per share on August 20, 2025.
Click here for more information: https://www.bfalaw.com/cases/james-hardie-industries-class-action-lawsuit.
What Can You Do?
If you invested in James Hardie 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, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Key Takeaways Five stocks with low P/B ratios and solid growth potential make the November value screen.StoneCo, Great Lakes Dredge & Dock and EnerSys boast robust projected EPS growth rates.MillerKnoll and Keros Therapeutics stand out with their high Value Score and promising fundamentals.
Value investors have preferred the price-to-earnings ratio or P/E since time immemorial as a means to identify value stocks. However, in the case of loss-making companies that have a negative price-to-earnings ratio, the price-to-sales or P/S ratio is considered while determining their true value.
However, the price-to-book ratio (P/B ratio), though used less often, is also an easy-to-use valuation tool for identifying low-priced stocks with great returns.
P/B is the ratio of stock price to book value.
It is calculated as below:
P/B ratio = market capitalization/book value of equity.
The P/B ratio helps identify low-priced stocks with high growth prospects. StoneCo (STNE - Free Report) , Great Lakes Dredge & Dock (GLDD - Free Report) , Enersys (ENS - Free Report) , MillerKnoll (MLKN - Free Report) and Keros Therapeutics (KROS - Free Report) are some such stocks.
Now, let us understand the concept of book value.
What is Book Value?There are several ways in which book value can be defined. Book value is the total value that would be left over, according to the company’s balance sheet, if it went bankrupt immediately. In other words, this is what shareholders would theoretically receive if a company liquidates all its assets after paying off all its liabilities.
It is calculated by subtracting total liabilities from the total assets of a company. In most cases, this equates to common stockholders’ equity on the balance sheet. However, depending on the company’s balance sheet, intangible assets should also be subtracted from the total assets to determine book value.
Understanding P/B RatioBy comparing the book value of equity to its market price, we get an idea of whether a company is under- or overpriced. Like P/E or P/S ratios, it is always better to compare the P/B ratio within industries.
A P/B ratio of less than one means that the stock is trading at less than its book value or the stock is undervalued and, therefore, a good buy. Conversely, a stock with a ratio greater than one can be interpreted as being overvalued or relatively expensive.
For example, a stock with a P/B ratio of 2 means that we pay $2 for every $1 of book value. Thus, the higher the P/B, the more expensive the stock.
But there is a warning. A P/B ratio of less than one can also mean that the company is earning weak or even negative returns on its assets or that the assets are overstated. In such a case, the stock should be shunned because it may be destroying shareholder value. Conversely, the stock’s price may be significantly high — thereby pushing the P/B ratio to more than one — in the likely case that it has become a takeover target, a good enough reason to own the stock.
Moreover, the P/B ratio is not without limitations. It is useful for businesses like finance, investments, insurance and banking or manufacturing companies with many liquid/tangible assets on the books. However, it can be misleading for firms with significant R&D expenditure, high debt, service companies, or those with negative earnings.
In any case, the ratio is not particularly relevant as a standalone number. One should analyze other ratios like P/E, P/S and debt to equity before arriving at a reasonable investment decision.
Screening ParametersPrice to Book (common Equity) less than X-Industry Median: A lower P/B compared with the industry average implies that there is enough room for the stock to gain.
Price to Sales less than X-Industry Median: The P/S ratio determines how much the market values every dollar of the company’s sales/revenues — a lower ratio than the industry makes the stock attractive.
Price to Earnings using F(1) estimate less than X-Industry Median: The P/E ratio (F1) values a company based on its current share price relative to its estimated earnings per share — a lower ratio than the industry is considered better.
PEG less than 1: PEG links the P/E ratio to the future growth rate of the company. The PEG ratio portrays a more complete picture than the P/E ratio. A value of less than 1 indicates that the stock is undervalued, and investors need to pay less for a stock that has bright earnings growth prospects.
Current Price greater than or equal to $5: They must all be trading at a minimum of $5 or higher.
Average 20-Day Volume greater than or equal to 100,000: A substantial trading volume ensures that the stock is easily tradable.
Zacks Rank less than or equal to #2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
Value Score equal to A or B: Our research shows that stocks with a Value Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best opportunities in the value investing space.
5 Low Price-to-Book StocksHere are five of the 13 stocks that qualified the screening:
StoneCo provides financial technology solutions. The company offers an end-to-end cloud-based technology platform to conduct electronic commerce across in-store, online and mobile channels. StoneCo is based in Sao Paulo, Brazil.
STNE has a Zacks Rank #2 and a Value Score of B. STNE has a projected 3-5-year EPS growth rate of 30.3%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Headquartered in Houston, TX, Great Lakes Dredge & Dock is the largest provider of dredging services in the United States, conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm-damaged coastline. GLDD has a projected 3-5-year EPS growth rate of 12.0%.
Great Lakes currently has a Zacks Rank #1 and a Value Score of A.
Headquartered in Pennsylvania, EnerSys manufactures, markets and distributes various industrial batteries worldwide. It currently has a Zacks Rank of #2.
ENS has a Value Score of A and a projected 3-5-year EPS growth rate of 15.0%.
Headquartered in Zeeland, MI, MillerKnoll, formerly known as Herman Miller, provides design solutions under key brands like Herman Miller and Knoll.
MillerKnoll has a Zacks Rank #2 and a Value Score of A. MLKN has a projected 3-5-year EPS growth rate of 12.0%.
Lexington, MA-based Keros Therapeutics is a clinical-stage biotech making novel treatments for hematological and musculoskeletal disorders.
Keros Therapeutics has a Zacks Rank #1 and a Value Score of A. KROS has a projected 3-5-year EPS growth rate of 23.6%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance
2025-11-13 13:401mo ago
2025-11-13 08:361mo ago
LMT Gains 4.6% in the Past 3 Months: Should You Buy The Stock?
Key Takeaways LMT shares rose 4.6% in three months, trailing industry peers but beating the broader aerospace sector.Revenues grew 8.8% in Q3, aided by contracts, AI and quantum computing partnerships and solid demand.Cost overruns, labor shortages and production risks could weigh on LMT's near-term performance.
Shares of Lockheed Martin Corporation (LMT - Free Report) have surged 4.6% in the past three months, underperforming the Zacks Aerospace-Defense industry’s growth of 4.9%. However, it outperformed the broader Zacks Aerospace sector’s gain of 3.8%. It also came below the S&P 500’s return of 7.7% in the same time frame.
Image Source: Zacks Investment Research
Other industry players, such as Huntington Ingalls Industries (HII - Free Report) and General Dynamics (GD - Free Report) , have delivered a stellar performance in the past three months. Shares of HII and GD have risen 18.8% and 10.6%, respectively, in the said period.
With LMT’s recent gains, some investors may want to buy the stock. However, it’s important to check if the company’s fundamentals can support long-term growth or if the rise is only short-term. Understanding LMT’s growth outlook and risks is key to making an informed decision.
Tailwinds for LMTLMT’s recent performance appears to be supported by its strong quarterly results, strategic partnerships and notable contract wins, which have helped sustain investor confidence. In October, the company reported its third-quarter 2025 results, showing revenue growth of 8.8% and a 2.2% rise in net earnings compared with the same period last year.
In November 2025, LMT formed a strategic collaboration with PsiQuantum to advance quantum computing research and applications for aerospace and defense. This agreement marks an important step toward exploring how quantum computing can help address complex national security and aerospace challenges. It also supports the development of large-scale, fault-tolerant quantum hardware designed to deliver reliable results for critical missions.
In October 2025, LMT’s Sikorsky unit received a contract from the County of Los Angeles for two S-70i FIREHAWK helicopters. These aircraft will strengthen the county’s wildfire suppression, rescue and emergency medical service capabilities across its 4,000-square-mile area.
In the same month, the company announced a partnership with Google Public Sector to integrate Google’s generative AI technology, including its Gemini models, into the Lockheed Martin AI Factory. This collaboration will bring Google’s advanced AI tools into Lockheed Martin’s secure, on-premises and isolated environments, making them accessible to employees across the organization.
Additionally, LMT was awarded a $233 million contract to deliver IRST21 Block II systems and initial spares to the U.S. Navy and Air National Guard.
For defense contractors like LMT, a steady flow of contract wins from the Pentagon and U.S. allies for its combat-proven defense products, such as the most recent awards, serves as a major growth catalyst.
LMT’s EstimatesThe Zacks Consensus Estimate for LMT’s 2025 sales implies year-over-year growth of 4.6%, while that for 2026 sales indicates an improvement of 4.4%. The consensus estimate for its 2025 earnings implies a year-over-year decline of 22.3%, while that for 2026 earnings indicates an improvement of 33.8%.
Image Source: Zacks Investment Research
Further, the upward revision in its 2025 and 2026 earnings over the past 60 days suggests investors’ increasing confidence in this stock’s earnings generation capabilities.
Image Source: Zacks Investment Research
ValuationIn terms of valuation, LMT’s forward 12-month price-to-earnings (P/E) is 15.55X, a discount to the industry average of 29.21X. This suggests that investors will be paying a lower price than the company's expected earnings growth compared with its industry average.
Image Source: Zacks Investment Research
HII and GD are trading at a premium in comparison with LMT. HII’s forward 12-month price-to-earnings is 18.98X, while GD’s forward 12-month price-to-earnings is 20.61X.
Risks to Take Note of Before Choosing LMTLMT continues to face financial and operational challenges that may pressure its performance. Persistent labor shortages across the aerospace-defense sector pose operational risks. The 2025 Workforce Study by the Aerospace Industries Association and McKinsey found that nearly a quarter of the workforce is more than 55, while attrition remains elevated at about 14.5%. Such workforce issues may lead to production delays, cost pressures and delivery setbacks, potentially weighing on Lockheed Martin’s margins and investor sentiment.
LMT has faced notable financial setbacks on several classified contracts. During the first nine months of 2025, the company recorded losses of $950 million on an ongoing classified program at its Aeronautics business segment, $570 million on the Canadian Maritime Helicopter Program, $95 million on the Turkish Utility Helicopter Program at its RMS business segment, and $105 million of unfavorable profit adjustments on C-130 programs at the Aeronautics business segment. Any further cost overruns or performance issues could result in additional material losses, putting further pressure on the company’s future financial results.
Should You Buy LMT Stock Now?Given LMT’s discounted valuation and improving long-term growth outlook, the stock appears fairly valued with potential for steady returns. Its strong quarterly performance and strategic partnerships with firms like Google and PsiQuantum provide a positive foundation for future growth.
However, ongoing labor shortages, cost overruns on classified contracts and operational risks could weigh on near-term performance. Therefore, existing shareholders may consider holding the stock, while new investors might prefer to wait for more stability in the company’s financial and operational performance before taking a position.
LMT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2025-11-13 13:401mo ago
2025-11-13 08:361mo ago
Can Musk's Optimus Dream Power Tesla's Next Growth Phase?
Key Takeaways Tesla plans to scale Optimus robot output, targeting 1M units yearly by late 2026.A new Texas Gigafactory line is expected to boost capacity to 10M Optimus units.Optimus aims to handle repetitive tasks, marking Tesla's expansion into robotics.
Tesla (TSLA - Free Report) is taking steps to scale up the production of its humanoid robot, Optimus. CEO Elon Musk has great expectations for Optimus and thinks that it has the potential to become the biggest product of the company.
Per Teslarati, Tesla plans to expand its Texas Gigafactory to build a dedicated facility for mass-producing Optimus, the robot designed to handle everyday, repetitive tasks. For now, pilot production is underway at Tesla’s Fremont factory in California, where early Optimus V3 prototypes are being assembled. Tesla expects to ramp up Fremont’s output to about 1 million units annually by late 2026, ahead of a much larger production push in Texas. The Gigafactory Texas line is planned to start in 2027, with a staggering 10-million-unit annual capacity.
Musk believes that Optimus could transform how people work by taking over repetitive or monotonous tasks. Optimus prototypes are already being tested across Tesla facilities, helping move parts, sort materials and support production line operations. Tesla aims to produce each robot at around $20,000 per unit, once full-scale production begins.
Tesla plans to unveil the Optimus V3 design in early 2026, with Musk teasing that it will look so lifelike “you’ll need to poke it to believe it’s an actual robot.”
Optimus shows Tesla’s push to expand beyond cars and into robotics—a move that could open new long-term growth opportunities. Still, it’s too early to say how big an impact Optimus will have. Companies like Boston Dynamics and Figure AI are also advancing quickly, meaning Tesla has plenty of catching up to do before Optimus becomes the game-changer Musk envisions.
At the same time, tech heavyweights are racing to build the brains behind next-generation robots.
NVIDIA (NVDA - Free Report) is solidifying its position in the transformative robotics revolution through groundbreaking 2025 advancements, including the launch of Isaac GR00T N1.5, the world's first open humanoid robot foundation model and the general availability of Jetson Thor, delivering an unprecedented 2,070 FP4 teraflops of AI compute power within a 130-watt envelope for real-time robotic reasoning.
Advanced Micro Devices (AMD - Free Report) is also pushing into robotics with its Kria System-on-Modules and the KR260 Robotics Starter Kit for industrial robots. Its partnership with BlackBerry QNX gives AMD an edge in enabling real-time robotics with reduced latency. From surgical robots to factory floors, Advanced Micro Devices is planting its flag in the space.
The Zacks Rundown on TSLA StockShares of Tesla have gained 6% year to date compared with the industry’s growth of 12%.
Image Source: Zacks Investment Research
From a valuation standpoint, TSLA trades at a forward price-to-sales ratio of 13.47, above the industry and its own five-year average. It carries a Value Score of D.
Image Source: Zacks Investment Research
See how the Zacks Consensus Estimate for TSLA’s earnings has been revised over the past 90 days.
Image Source: Zacks Investment Research
Tesla stock currently carries a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2025-11-13 13:401mo ago
2025-11-13 08:361mo ago
G Mining Ventures sees higher Q3 gold production, record revenue and free cash flow
G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) reported third quarter 2025 gold production that rose 9% quarter over quarter to 46,360 ounces, boosted by continued strong throughput and recoveries at its Tocantinzinho Gold Mine in Brazil.
The mining company also posted record free cash flow for the quarter of US$95.8 million, an increase of 59% from Q2 2025, on a record US$161.7 million in revenue.
"The third quarter marked a defining period for GMIN," G Mining Ventures CEO Louis-Pierre Gignac said in a statement.
"Tocantinzinho is now operating at steady state—delivering record production, free cash flow, and margins that position us among the lowest-cost producers in the Americas."
G Mining Ventures generated net income for the period of US$123.8 million, or US$0.55 per share.
The company also realized an all-in sustaining cost (AISC) per ounce of gold sold in Q3 of US$1,046, while selling its gold at an average price of US$3,114 per ounce.
As well, G Mining Ventures reaffirmed its 2025 production guidance of 175,000 to 200,000 ounces of gold, with AISC expected to remain within the US$1,025 to $1,155 per ounce range.
Looking ahead to Q4, the company expects to advance detailed engineering and continue early works activities at Oko West and continue environmental permitting activities at Gurupi.
It also plans to launch a 10-kilometre drill program at Gurupi, following recent permitting advances and preparatory work completed in Q3.
2025-11-13 13:401mo ago
2025-11-13 08:381mo ago
GoviEx Uranium completes merger with Tombador Iron
GoviEx Uranium Inc (TSX-V:GXU, OTCQB:GVXXF) reported that it has completed its previously announced plan of arrangement with Tombador Iron, making GoviEx a wholly owned subsidiary of Tombador.
Under the transaction, the combined entity will operate as a uranium exploration and development company to be re-listed on or about November 20, 2025, on the Australian Securities Exchange under the name Atomic Eagle, with the ticker symbol ‘AEU.’
According to the company, the arrangement received strong support from GoviEx securityholders at a special meeting held on October 24, 2025. Approximately 98.7% of votes cast by shareholders and 99.2% of votes cast by all securityholders supported the deal, surpassing the required two-thirds majority.
The Supreme Court of British Columbia granted final approval on November 5, 2025.
Under the terms of the agreement, each GoviEx common share will be exchanged for 0.2534 fully paid ordinary shares of Tombador. GoviEx optionholders and warrantholders will receive equivalent replacement options in Tombador.
GoviEx’s shares are expected to be delisted from the TSX Venture Exchange and the OTCQB Venture Market at the close of business on November 14, 2025.
The company will also apply to cease being a reporting issuer in Canada.
Registered shareholders are advised to submit their share certificates or direct registration system advices, along with a letter of transmittal, to Computershare Investor Services to receive their new Tombador shares.
Non-registered shareholders are instructed to contact their brokers or custodians for assistance. Holding statements for new shares and replacement options will be issued following completion of the exchange.
2025-11-13 13:401mo ago
2025-11-13 08:391mo ago
New Found Gold and Maritime Resources Announce Closing of Previously Announced Arrangement: Creation of an Emerging Canadian Gold Producer
November 13, 2025 8:39 AM EST | Source: New Found Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2025) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") and Maritime Resources Corp. ( "Maritime Resources") (TSXV: MAE) are pleased to announce that they have closed their previously announced transaction whereby New Found Gold has acquired all of the issued and outstanding shares of Maritime Resources (the "Maritime Shares"), that it does not already own, by way of a statutory plan of arrangement pursuant to Division 5 of Part 9 of the Business Corporations Act (British Columbia) (the "Transaction").
In connection with the completion of the Transaction, Allen Palmiere joined the board of directors of New Found Gold (the "Board") and Melissa Render, President of New Found Gold resigned from the Board. All the directors and officers of Maritime Resources resigned from their positions.
Keith Boyle, Chief Executive Officer and Director of New Found Gold, stated: "In less than a year, New Found Gold has transformed from an early-stage exploration company to an emerging Canadian gold producer with camp-scale exploration potential. Today we see two high-quality assets, the Queensway Gold Project and the Hammerdown Gold Project, located in a Tier 1 jurisdiction with strong synergies, come together at a time of highly favourable gold prices. Under the guidance of an experienced new Board, the Company's management team of mine builders and operators are focused on the path to production and continuing to deliver shareholder value."
"The combined Company is now producing gold; we could not have gotten to this point without the support of our local communities. For this we give our thanks and look forward to continuing this journey with you," continued Mr. Boyle.
Paul Andre Huet, Chairman of New Found Gold, stated: "I am pleased to welcome Allen Palmiere to the Board. Allen brings a depth of operational, management and finance experience to the Company and his expertise on the Maritime Resources assets is of great value. On behalf of the Board and the entire company, I would also like to thank our President, Melissa Render for her service on the Board."
Garett Macdonald, President and CEO of Maritime Resources, stated, "We are pleased with the completion of the business combination and are excited for New Found Gold as it grows into Canada's newest mid-tier gold producer. I would like to recognize the efforts of Maritime's team who demonstrated determination and creativity to develop the Hammerdown Gold Project, as well as the solid support of our shareholders, local communities and the Province of Newfoundland and Labrador these past few years."
Under the terms of the arrangement agreement entered into by New Found Gold and Maritime Resources on September 4, 2025, each holder of Maritime Shares received 0.75 of a New Found Gold common share (each whole share, a "New Found Gold Share") in exchange for each Maritime Share (the "Exchange Ratio"). Immediately upon completion of the Transaction, existing New Found Gold shareholders and former Maritime Resources shareholders held approximately 69% and 31%, respectively, of the pro forma company on a fully-diluted in-the-money basis and Maritime Resources became a wholly-owned subsidiary of New Found Gold. New Found Gold will apply for Maritime Resources to cease to be a reporting issuer under applicable Canadian securities laws and the Maritime Shares will be delisted from the TSX Venture Exchange ("TSXV").
In accordance with the plan of arrangement, each option to purchase Maritime Shares (each, a "Maritime Option") was cancelled and exchanged for a replacement option to acquire from New Found Gold such number of New Found Gold Shares equal to the product of: (A) that number of Maritime Shares that were issuable upon exercise of such Maritime Option immediately prior to the effective time of the Transaction (the "Effective Time") and (B) the Exchange Ratio, at an exercise price per New Found Gold Share equal to the quotient determined by dividing: (X) exercise price per Maritime Share at which such Maritime Option was exercisable immediately prior to the Effective Time, by (Y) the Exchange Ratio. Pursuant to the plan of arrangement, each outstanding Maritime Share purchase warrant became exercisable for New Found Gold Shares issuable on exercise and adjusted in accordance with the Exchange Ratio.
In order to receive the New Found Gold Shares in exchange for their Maritime Shares, registered Maritime Resources shareholders must complete, sign, date and return the Letter of Transmittal that was mailed to each registered Maritime Resources shareholder. The Letter of Transmittal is also available from Maritime Resources' depositary, Computershare Investor Services Inc., and online under Maritime Resources' issuer profile on SEDAR+ at www.sedarplus.ca. Non-registered Maritime Resources shareholders whose Maritime Shares are registered in the name of a broker, investment dealer, bank, trust company, trustee or other intermediary or nominee should contact that intermediary or nominee for assistance in depositing their Maritime Shares and should follow the instructions of such intermediary or nominee in order to deposit their Maritime Shares.
Further information about the Transaction is set out in Maritime Resources' management information circular dated October 1, 2025, which can be accessed online under Maritime Resources' issuer profile on SEDAR+ at www.sedarplus.ca.
Blake, Cassels & Graydon LLP acted as legal counsel to New Found Gold with respect to the Transaction. BMO Capital Markets acted as financial advisor to New Found Gold. Osler, Hoskin & Harcourt LLP acted as legal counsel to Maritime Resources with respect to the Transaction. SCP Resource Finance LP and Canaccord Genuity Corp. acted as financial advisors to the board of directors of Maritime Resources.
Allen Palmiere - Independent Director
Mr. Palmiere, a Chartered Accountant-Chartered Public Accountant by training, has over 40 years of experience in the mining industry both from a financial and operational perspective. His international experience includes South Africa, Central America, Guyana Brazil and China. Mr. Palmiere's expertise includes operations, executive management and financing, both debt and equity. Additionally, Mr. Palmiere has extensive experience in mergers and acquisitions. Mr. Palmiere's former executive positions include CEO and Chairman of the Board, HudBay Minerals Inc., Executive Chairman, Barplats Investments Ltd., Vice President, CFO, Zemex Corporation, and President and CEO, Breakwater Resources Ltd. Mr. Palmiere has also served as a director of numerous public companies. Mr. Palmiere is currently the CEO, President and a Director of Gold Resource Corporation.
Shares for Debt Transaction
The Company is pleased to announce that it has entered into a debt settlement agreement (the "Settlement Agreement") with SCP Resource Finance LLP ("SCP") to settle an aggregate amount of $3,276,712 in outstanding debt, rounded down to the nearest whole number of shares, related to the fees incurred by Maritime Resources pursuant to the terms of the letter agreement with SCP dated March 20, 2024, as amended on August 8, 2025, whereby SCP was appointed as financial advisor in connection with strategic matters related to any financing or a transaction resulting in the sale of Maritime Resources.
Pursuant to the terms of the Settlement Agreement, the Company has agreed to issue 1,085,003 New Found Gold Shares (the "Settlement Shares") at a deemed issue price of $3.02 per Settlement Share, based on the closing price of the New Found Gold Shares on the TSXV on November 12, 2025 (the "Shares for Debt Transaction"). The Board of New Found Gold has determined that the Shares for Debt Transaction is in the best interests of the Company.
Closing of the Shares for Debt Transaction is subject to customary closing conditions, including the approval of the TSXV and authorization of the NYSE American. The Settlement Shares to be issued pursuant to the Shares for Debt Transaction will be subject to a hold period of four months and one day following the date of issuance, in accordance with the applicable securities laws and TSXV policies.
About New Found Gold Corp.
New Found Gold is a well-financed advanced-stage exploration and development company that holds a 100% interest in the Queensway Gold Project ("Queensway"), as well as the recently acquired Maritime Division, where the Company is focused on bringing the Hammerdown Gold Project ("Hammerdown") into steady-state gold production. The Maritime Division includes Hammerdown, where it holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property, which includes the former Hammerdown gold mine and the Orion gold project. The Maritime Division controls over 43,900 hectares of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond Hydrometallurgical Gold Plant gold circuit.
The Company has completed a PEA at Queensway (see New Found Gold news release dated July 21, 2025). Recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential of the Project that covers a +110 km strike extent along two prospective fault zones. On September 8, 2025, the Company announced it had entered into a property purchase agreement with Exploits Discovery Corp. ("Exploits") that would provide New Found Gold with a 100% interest in certain mineral claims in Newfoundland and Labrador held by Exploits (the "Claims") (see news release dated September 8, 2025). The Claims adjoin Queensway and would increase the size of Queensway by up to 33%, to a total of 234,050 hectares.
The Company's assets are located in Newfoundland and Labrador, Canada, a Tier 1 jurisdiction with excellent infrastructure and a skilled local workforce.
New Found Gold has a new Board and management team, a strong treasury and a solid shareholder base which includes cornerstone investor Eric Sprott. The Company is focused on growth and value creation.
New Found Gold Corp.
Per: "Keith Boyle"
Keith Boyle, Chief Executive Officer
Qualified Persons
The scientific and technical information disclosed in this press release related to Queensway was reviewed and approved by Melissa Render, P. Geo., President, and a Qualified Person as defined under National Instrument 43-101. Ms. Render consents to the publication of this press release by New Found Gold. Ms. Render certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.
The scientific and technical information disclosed in this press release related to the Maritime Division was reviewed and approved by Keith Boyle, P. Eng., CEO, and a Qualified Person as defined under National Instrument 43-101. Mr. Boyle consents to the publication of this press release by New Found Gold. Mr. Boyle certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.
Contact
For further information on New Found Gold, please visit New Found Gold's website at www.newfoundgold.ca, contact us through our investor inquiry form at https://newfoundgold.ca/contact/ or contact:
Fiona Childe, Ph.D., P.Geo.
Vice President, Communications and Corporate Development
Phone: +1 (416) 910-4653
Email: [email protected]
Neither the TSXV nor its Regulatory Services Provider (as that term is defined in the policies of the TSXV) nor the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward-Looking Information
This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, including statements relating to the Transaction and the Shares for Debt Transaction and statements relating to assessments of and expectations for the combined company including production of gold and the timing thereof; assessments and expectations for Hammerdown Gold Project and Queensway Gold Project, including the timing thereof; New Found Gold's plans to apply for Maritime to cease to be a reporting issuer; the delisting of Maritime Shares and the treatment of the Maritime Options and warrants; and closing of the Shares for Debt Transaction, including receipt of TSXV and NYSE American approvals, and the timing thereof. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "interpreted", "intends", "estimates", "projects", "aims", "suggests", "indicate", "often", "target", "future", "likely", "pending", "potential", "encouraging", "goal", "objective", "prospective", "possibly", "preliminary", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSXV and NYSE American, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with the Company's ability to complete exploration and drilling programs as expected, possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results and the results of the metallurgical testing program, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Annual Information Form and Management's Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274305
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
Eco Innovation Group and WRA Holdings Report Positive Response from INCOFER on Costa Rica National Railway Master Plan
SCOTTSDALE, AZ / ACCESS Newswire / November 13, 2025 / Eco Innovation Group, Inc. (OTCID:ECOX) ("ECOX") and WRA Holdings, Inc. ("WRA") welcome a positive response from the Instituto Costarricense de Ferrocarriles (INCOFER), Costa Rica's national rail authority, regarding WRA's ongoing efforts to advance the National Railway Master Plan for the Republic of Costa Rica. This update follows yesterday's announcement that WRA will present the Master Plan for government review and approval.
INCOFER officials have acknowledged the growing international attention that WRA's projects are generating, particularly among strategic investors focused on infrastructure, logistics, and sustainable transport, and have emphasized the importance of these investments for improving the quality of life of Costa Rican citizens and stimulating national economic development.
Representatives of INCOFER conveyed their strong interest in reviewing WRA's proposed National Railway Master Plan, a comprehensive framework that envisions a modern, coast to coast and border to border rail network for freight and passenger services. INCOFER confirmed that the plan aligns with Costa Rica's vision for a sustainable, low carbon mobility system that strengthens trade, productivity, and regional integration.
In the coming weeks, WRA and INCOFER will coordinate a formal meeting to discuss the Master Plan in detail and to explore potential pathways for collaboration models.
"This dialogue represents a constructive step toward a shared national goal, modernizing Costa Rica's railway system as a driver of social and economic progress," said Cornel Alvarado, President and CEO of WRA Holdings, Inc. "We are honored by INCOFER's openness and enthusiasm, and we look forward to working closely with the Government of Costa Rica to make this vision a reality."
In a follow-on development since yesterday's update, ECOX has retired a significant portion of a preferred stock position that had previously been associated with high levels of potential dilution. The retirement reduces the outstanding balance of that series and decreases related overhang in the Company's capital structure. ECOX believes this action simplifies the capital structure and represents a constructive step toward a more stable and transparent profile for shareholders. No new securities were issued in connection with this retirement.
"From the project perspective, the key strength of this initiative is that it is structured as a true national program," said Richard Hawkins, CEO of Eco Innovation Group. "When major infrastructure is handled at the regional or local level, timelines slip, standards diverge, and outcomes become inconsistent. A coordinated national plan, managed under a single program framework, keeps every component aligned and moving on the same path. It is the only practical way to deliver a railway system that operates as one integrated network. On the corporate side, retiring a large preferred position that had contributed to dilution and perceived overhang is an important step toward a cleaner capital structure. We will continue to take a disciplined approach to improving transparency and strengthening the foundation for long term execution."
Shareholders and interested parties can view or download a complete presentation at the following link: View the full Costa Rica Visioning Presentation here
About WRA Holdings, Inc.
WRA Holdings, Inc. is a multinational infrastructure development and investment company focused on public and private-partnership projects that drive economic growth, environmental renewal, and urban redevelopment. The company's flagship Costa Rica initiative integrates national rail, airport, and logistics systems, port revitalization, waste-to-energy conversion, clean-water programs, and healthcare infrastructure to build a cleaner, more connected nation and foster regional connectivity and long-term prosperity across Central America.
About Eco Innovation Group, Inc.
Eco Innovation Group, Inc. (OTCID:ECOX) is a Nevada corporation focused on providing strategic advisory and compliance services tailored to micro-cap and small-cap public companies and private enterprises preparing to enter the public markets. ECOX bridges the gap between under-resourced issuers and capital markets access by structuring and supporting share-exchange mergers, public offerings, and other transactions that create pathways for growth and shareholder value.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include statements regarding the Company's plans, objectives, expectations, and intentions, including statements regarding potential acquisitions, SEC registration, exchange uplisting, share cancellations, and future business operations. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "should," "will," "would" and similar expressions identify forward-looking statements. These statements are based on management's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in forward-looking statements. Important factors that could cause such differences include, but are not limited to: the ability to complete acquisitions on favorable terms or at all; the ability to integrate acquired businesses successfully; risks inherent in the mining, energy storage, and infrastructure sectors; regulatory and permitting risks; market conditions; competitive factors; the ability to obtain financing; the ability to engage audit firms and complete audited financial statements; the ability to achieve and maintain compliance with SEC and exchange listing requirements; and general economic conditions. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to publicly update or revise any forward-looking statements.
CONTACT:
Investor Relations
[email protected]
SOURCE: Eco Innovation Group, Inc
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
CEO.CA's Inside the Boardroom: White Gold Hits More Exceptional High Grades at Yukon's Highest Grade Gold Deposit
November 13, 2025 7:30 AM EST | Source: CEO.CA Technologies Ltd.
Toronto, Ontario--(Newsfile Corp. - November 13, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.
Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.
Meet the Executive Shaping the Mining Landscape
'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy.
We caught up with Dylan Langille, VP Exploration at White Gold Corp. (TSXV: WGO) (OTCQX: WHGOF) (FSE: 29W). Follow what investors are saying and join our community: https://ceo.ca/wgo
White Gold Corp.
(TSXV: WGO) (OTCQX: WHGOF) (FSE: 29W)
Cannot view this video? Visit:
https://www.youtube.com/watch?v=vR2g1am3FZM
Tune in to 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit CEO.CA or our YouTube page for hundreds more executive interviews from CEO.CA here.
Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at [email protected] for further details and opportunities.
About CEO.CA
The leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally — with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.
CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.
Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement
The information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR+ or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274302
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
Conagra Brands Honors Employee Innovation with Its Sustainable Development Awards
Awards focus on Climate Change, Water Reduction, Waste Reduction, Packaging and Responsible Sourcing
, /PRNewswire/ -- Conagra Brands (NYSE: CAG) announced the winners of its annual Sustainable Development Awards, honoring employees for their exceptional contributions that encourage sustainable behaviors across the organization. The program recognizes initiatives in five key areas, Climate Change, Water Reduction, Waste Reduction, Packaging, and Responsible Practices, and includes an overall "Award of Excellence" for the project that best reflects Conagra's six Timeless Values: Integrity, External Focus, Broad-Mindedness, Agility, Leadership, and Results.
The program invited cross-functional employee teams to submit projects completed during Conagra's fiscal year 2025. Each submission was evaluated by a panel of peers, with the final winners selected by the company's sustainability leaders.
"At Conagra Brands, we're inspired by the ingenuity our employees bring to advancing sustainability across our operations," said Christine Daugherty, vice president of sustainability at Conagra Brands. "The Sustainable Development Awards celebrate their innovative ideas that not only make our operations more efficient and responsible, but drive cost savings, reinforcing our ongoing commitment to environmental progress and leadership."
The Sustainable Development Awards acknowledge exceptional performance, motivate continuous improvement and foster a positive culture by celebrating shared successes. Conagra's 2025 Sustainable Development Award winners include:
Climate Change : Omaha, Neb., Chicago, Ill. – Conagra's Inbound Logistics Team improved transport efficiency by consolidating underutilized shipments into full truckloads using Oracle Transportation Management tools – a tool that provides transportation planning and execution capabilities. This zero-cost initiative saved approximately $250,000, cut 241 truck trips, reduced 123 metric tons of CO₂e, and fostered cross-team collaboration. The project's scalability and data-driven approach showcased cost-effective logistics operations.
Water Reduction : Irapuato, Mexico – The Irapuato team optimized palm oil line cleaning, making the process more sustainable and cost effective by reducing both palm oil and water usage. The new method cut cleaning frequency by 75%, reduced palm oil use by 82,540 lbs and water use by 53,280 gallons annually. The zero-cost method saves approximately $78,000 per year, reduces waste, and supports Conagra's deforestation commitments through more sustainable, efficient operations.
Waste Reduction : Waterloo, Iowa – The Waterloo plant reduced landfill waste by further controlling microbial activity through steam quality monitoring, digital audits, and cross-functional reviews. With a $70,000 investment, it achieved $1.29M savings, diverted 948 tons from destruction, improved reliability, and created a scalable, data-driven sustainability model shared across plants.
Packaging : Omaha, Neb., Chicago, Ill., Fayetteville, Ark. – Teams reduced Evol® and Gardein® frozen meal bowl thickness by 25% and removed ink, saving $63,000 annually and cutting paper use by 31% (126,000 lbs.). Achieved with no operational changes, it maintained quality and showcases a transferable, low-cost packaging innovation for sustainability and efficiency.
Responsible Practices : Waterloo, Iowa – The Waterloo facility repurposed sunflower seeds that did not meet production standards by donating them to the Prairie Rapids Audubon Society for bird feeders, avoiding landfill or feed disposal. To date, this zero-cost initiative has donated 1,200–1,800 lbs. of seeds, reduces disposal fees, supports local biodiversity, benefits community spaces, and strengthens ties with local nonprofits.
Award of Excellence : Maple Grove, Minn. – The Maple Grove team created a closed-loop recycling system for paper rolls that did not meet quality specifications, returning them to the supplier for reuse in new production. At zero cost, it diverts 50 tons of waste annually, saves $7,000, and strengthens supplier collaboration while advancing a circular economy and sustainability initiatives.
Each winning project team will receive a $5,000 grant from the Conagra Brands Foundation to invest back into their surrounding community, empowering employees to make a tangible difference where they live and work.
For more information about Conagra's ongoing sustainability initiatives, please see the company's 2024 Citizenship Report.
About Conagra Brands
Conagra Brands, Inc. (NYSE: CAG), is one of North America's leading branded food companies. The company combines a 100-year history of making quality food with agility and a relentless focus on collaboration and innovation. Conagra's portfolio is continuously evolving to satisfy consumers' ever-changing food preferences. Conagra's brands include Birds Eye®, Duncan Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, Slim Jim®, Angie's® BOOMCHICKAPOP®, and many more. As a corporate citizen, we aim to do what's right for our business, our employees, our communities and the world. Headquartered in Chicago, Conagra Brands generated fiscal 2025 net sales of nearly $12 billion. For more information, visit www.conagrabrands.com.
For additional information, please contact:
[email protected]
SOURCE Conagra Brands, Inc.
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
Palatin Reports First Quarter Fiscal Year 2026 Financial Results and Provides Corporate Update
Significant progress on multiple fronts – obesity pipeline advancing towards the clinic, out-licensing collaboration, strengthened balance sheet, and reinstatement of NYSE American trading Melanocortin-based therapies for obesity PL7737 IND-enabling toxicology underway; IND submission and clinical trial initiation planned for the first half of 2026 Next-generation selective peptide MC4R agonists d esigned for once-weekly subcutaneous dosing; IND submission and clinical trial initiation planned for mid-2026 Research Collaboration, License and Patent Assignment Agreement with Boehringer Ingelheim for the treatment of retinal diseases in August 2025 Received €2.0M ($2.3M) upfront Achieved €5.5M ($6.5M) research milestone in September 2025 $18.2 million public offering, including full exercise of the over-allotment option, closed on November 12, 2025 Regained compliance with NYSE American listing standards – common stock resumed trading under the symbol "PTN" on November 12, 2025 Teleconference and Webcast to be held on Thursday, November 13, 2025, at 11:00 AM EST PRINCETON, N.J. , Nov. 13, 2025 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN), a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor (MCR) system, today announced financial results for its fiscal first quarter ended September 30, 2025 and provided a corporate update.
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
DIAMONDROCK HOSPITALITY ANNOUNCES TRANSFER TO NASDAQ
, /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") today announced it will voluntarily transfer the listing of its Class A Common Stock to Nasdaq from the New York Stock Exchange ("NYSE"). The Company expects its common stock to begin trading on the Nasdaq Global Select Market on December 1, 2025, under its existing "DRH" symbol.
"Through our partnership with Nasdaq, the Company and its shareholders will benefit from its cost-effective exchange listing platform, trading advisory services, and enhanced marketing opportunities, in support of our strategic objectives. We appreciate the NYSE's partnership over the last 20 years," said Jeffrey J. Donnelly, Chief Executive Officer.
"DiamondRock is a leader in premium accommodations across the United States, and we're pleased to welcome them into the Nasdaq family. At Nasdaq, DiamondRock will benefit from our unparalleled trading platform and in-house corporate services and join a community of the most innovative companies in the world," said Nelson Griggs, President of Nasdaq.
About the Company
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that owns a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 36 premium quality hotels and resorts with approximately 9,600 rooms. The Company has strategically positioned its portfolio to be operated both under leading global brand families as well as independent boutique hotels in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as "believe," "expect," "intend," "project," "forecast," "plan" and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to: the adverse impact of any future pandemic, epidemic or outbreak of any highly infectious disease on the U.S., regional and global economies, travel, the hospitality industry, and the financial condition and results of operations of the Company and its hotels; negative developments or volatility in the economy, including, but not limited to elevated inflation and interest rates, job loss or growth trends, the imposition of trade sanctions or tariffs and any potential retaliatory responses thereto, an increase in unemployment or a decrease in corporate earnings and investment; risks associated with the lodging industry overall, including, without limitation, decreases in the frequency of travel, decreases in the demand for, or frequency of, international travel as a result of evolving global trade dynamics or otherwise, and increases in operating costs; relationships with property managers; the ability to compete effectively in areas such as access, location, quality of accommodations and room rate structures; changes in taxes and government regulations which influence or determine wages, prices, construction procedures and costs; and other risk factors contained in the Company's filings with the Securities and Exchange Commission. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this release is as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
SOURCE DiamondRock Hospitality Company
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
Medicus Pharma Ltd. Receives Full United Kingdom Regulatory and Ethical Approvals To Expand Phase 2 Clinical Study (SKNJCT-003) To Non-Invasively Treat Basal Cell Carcinoma (BCC) of the Skin
THE SKNJCT-003 CLINICAL STUDY EXPANSION INTO THE UNITED KINGDOM TO FURTHER ENABLE GLOBAL PATIENT RECRUITMENT AND CLINICAL DATASET TOWARD A PIVOTAL STUDY PROGRAM
PHILADELPHIA, PA / ACCESS Newswire / November 13, 2025 / Medicus Pharma Ltd. (NASDAQ:MDCX) ("Medicus" or the "Company"), a biotech/life sciences company focused on advancing the clinical development programs of novel and potentially disruptive therapeutics assets, is pleased to announce that it has received full regulatory and ethical approvals in the United Kingdom to expand its ongoing Phase 2 clinical study (SKNJCT-003) evaluating Doxorubicin Microneedle Array (D-MNA) to non-invasively treat basal cell carcinoma (BCC) of the skin.
The phase 2 clinical study (SKNJCT-003) which is currently underway in nine (9) clinical sites in United States can now expand into additional sites in United Kingdom.
The approvals were issued by the Medicines and Healthcare products Regulatory Agency (MHRA), the Health Research Authority (HRA) and the Wales Research Ethics Committee (WREC). The MHRA approval followed a comprehensive scientific review of the Investigational Medicinal Product Dossier (IMPD) and protocol. The WREC issued a favorable ethical opinion, and the HRA granted study wide governance approval, confirming compliance with U.K. Good Clinical Practice and National Health Service (NHS) capacity and capability standards.
"The United Kingdom regulatory and ethical approval is another major step forward in establishing a global footprint of our novel, non-invasive treatment for BCC of the skin, which we believe represents more than $2 billion in potential market opportunity," stated Dr. Raza Bokhari, Medicus's Executive Chairman & CEO. "With clinical development programs now active across United States, Europe, and the Middle East, we are enhancing global patient recruitment and clinical dataset which, among other things, would assist us in designing a robust pivotal program".
SKNJCT-003 Clinical Trial Design
The SKNJCT-003 clinical study is designed to be a randomized, double-blind, placebo-controlled (P-MNA), multi-center study enrolling up to 90 subjects presenting with BCC of the skin. The study evaluates the efficacy of two dose levels of D-MNA compared to a placebo control. The participants will be randomized 1:1:1 to one of three groups: a placebo-controlled group receiving P-MNA, a low-dose group receiving 100μg of D-MNA, and a high-dose group receiving 200μg of D-MNA.
The high-dose, 200μg D-MNA, in the study is the maximum dose that was used in the Company's Phase 1 safety and tolerability study (SKNJCT-001) completed in March 2021.
SKNJCT-001 met its primary objective of safety and tolerability. The investigational product, D-MNA, was well tolerated across all dose levels in all 13 participants enrolled in the study, with no dose-limiting toxicities (DLTs), or serious adverse events (SAEs). Furthermore, there were no systemic effects or clinically significant abnormal findings in laboratory parameters, vital signs, ECGs, and physical examinations. The study also describes the efficacy of the investigational product, D-MNA, with 6 participants experiencing complete responses. The complete response is defined as the disappearance of BCC histologically in the final excision at the end of study visit. The participants profile demonstrating complete responses was diverse, and all participants (6/6) had nodular subtype of BCC.
In March 2025, the Company announced a positively trending interim analysis for SKNJCT-003 demonstrating more than 60% clinical clearance. The interim analysis was conducted after more than 50% of the then-targeted 60 patients in the study were randomized. The findings of the interim analysis are preliminary and may or may not correlate with the findings of the study once completed. In April 2025, the investigational review board approved to increase the number of participants in SKNJCT-003 to ninety (90) subjects. The Company is expanding its trial sites in Europe and has randomized more than 75% of the ninety (90) participants expected to be randomized in the study. In September 2025, the Company received positive feedback from the Food and Drug Administration (FDA) regarding its Type C meeting supporting the development of Skinject, indicating that the Company may follow 505(b)(2) regulatory pathway to non-invasively treat BCC using dissolvable D-MNA.
The Company also has a clinical study (SKNJCT-004) currently underway in the United Arab Emirates (UAE). The study is expected to randomize thirty-six (36) patients in six (6) sites in the UAE. Cleveland Clinic Abu Dhabi (CCAD) is the principal investigator, along with Sheikh Shakbout Medical City (SSMC), Burjeel Medical City (BMC), Rashid Hospital (RH), Clemenceau Medical Center (CMC) and American Hospital of Dubai (AHD). Insights Research Organization and Solutions (IROS), a UAE-based contract research organization, is coordinating the clinical study for the Company. IROS is a M42 portfolio company.
In August 2025, the Company completed the acquisition of Antev, a UK-based late clinical stage biotech company, developing Teverelix, a next generation GnRH antagonist, as a first in market product for cardiovascular high-risk advanced prostate cancer patients and patients with first acute urinary retention relapse (AURr) episodes due to enlarged prostate.
Antev's flagship drug candidate is Teverelix trifluoroacetate (Teverelix TFA), a long-acting gonadotrophin-releasing hormone (GnRH) antagonist. Unlike GnRH agonists, which can cause an initial surge in testosterone levels, Teverelix directly suppresses sex hormone production without this surge, potentially reducing cardiovascular risks. This mechanism is particularly beneficial for patients with existing cardiovascular conditions. Teverelix is formulated as a microcrystalline suspension, allowing for sustained release and a six-week dosing interval, which may improve patient compliance and outcomes.
In October 2025, the company announced a strategic collaboration with the Gorlin Syndrome Alliance (GSA) to advance compassionate access to SKINJECT™, the Company's investigational doxorubicin containing microneedle arrays (D-MNA) for patients suffering from Gorlin Syndrome, also known as nevoid basal cell carcinoma syndrome.
Under the collaboration, Medicus and the GSA will jointly pursue the Expanded Access IND Program with the Food and Drug Administration (FDA) to allow patients with multiple, recurrent, or inoperable basal cell carcinomas (BCCs) to access SKINJECT™ under physician-supervised treatment protocols. The initiative aims to establish a framework for expanded access while collecting valuable real-world safety and tolerability data to inform future regulatory filings. It will also more tightly integrate patient community-led insights and data into the design, monitoring, and long-term development of SKINJECT™ in this rare disease population.
For further information contact:
Carolyn Bonner, President and Acting Chief Financial Officer
(610) 636-0184
[email protected]
Anna Baran-Djokovic, SVP Investor Relations
(305) 615-9162
[email protected]
About Medicus Pharma Ltd.
Medicus Pharma Ltd. (NASDAQ:MDCX) is a biotech/life sciences company focused on accelerating the clinical development programs of novel and potentially disruptive therapeutics assets. The Company is actively engaged in multiple countries, spread over three continents.
SkinJect Inc. a wholly owned subsidiary of Medicus Pharma Ltd., is a development stage, life sciences company focused on commercializing novel, non-invasive treatment for basal cell skin cancer using a patented dissolvable microneedle patch to deliver a chemotherapeutic agent to eradicate tumors cells. The Company completed a phase 1 safety & tolerability study (SKNJCT-001) in March of 2021, which met its primary objective of safety and tolerability; the study also describes the efficacy of the investigational product D-MNA, with six (6) participants experiencing complete response on histological examination of the resected lesion. The Company is currently conducting a randomized, controlled, double-blind, multicenter clinical study (SKNJCT-003) in the United States and Europe. The Company has also commenced a randomized, controlled, double-blind, multicenter clinical study (SKNJCT-004) in the United Arab Emirates.
In August 2025, the Company announced its entry into a non-binding memorandum of understanding (the "MoU") with Helix Nanotechnologies, Inc. ("HelixNano"), a Boston Based biotech company focused on developing a proprietary advanced mRNA platform, in respect of their shared mutual interest in the development or commercial arrangement contemplated by the MoU. The MoU is non-binding and shall not be construed to obligate either party to proceed with a joint venture or any further development or commercial arrangement, unless and until definitive agreements are executed.
In August 2025, the Company completed the acquisition of Antev, a UK-based late clinical stage biotech company, developing Teverelix, a next generation GnRH antagonist, as a first in market product for cardiovascular high-risk advanced prostate cancer patients and patients with first acute urinary retention relapse (AURr) episodes due to enlarged prostate.
Antev's flagship drug candidate is Teverelix trifluoroacetate (Teverelix TFA), a long-acting gonadotrophin-releasing hormone (GnRH) antagonist. Unlike GnRH agonists, which can cause an initial surge in testosterone levels, Teverelix directly suppresses sex hormone production without this surge, potentially reducing cardiovascular risks. This mechanism is particularly beneficial for patients with existing cardiovascular conditions. Teverelix is formulated as a microcrystalline suspension, allowing for sustained release and a six-week dosing interval, which may improve patient compliance and outcomes.
In September 2020, Antev completed a Phase 1 clinical trial in which Teverelix was shown to be well tolerated with no dose-limiting toxicities and demonstrated rapid testosterone suppression. The study included 48 healthy male volunteers. In February 2023, Antev also completed a Phase 2a study in fifty (50) patients with advanced prostate cancer (APC), where Teverelix achieved the primary endpoint of greater than 90% probability of castration levels of testosterone suppression (97.5%) but the secondary endpoint of maintaining this rate above 90% was not met with the probability dropping to 82.5% by Day 42.
In January 2023, the FDA, reviewed the Phase 1 and Phase 2a data and provided written guidance on Antev's proposed Phase 3 trial design for Teverelix. This milestone supports the Company's clinical plans to develop Teverelix as a treatment for advanced prostate cancer patients with increased cardiovascular risk.
In December 2023, FDA approved the Phase 2b study design in advanced prostate cancer covering 40 patients.
In November 2024, FDA approved the Phase 2b study design in acute urinary retention covering 390 patients
In October 2025, the company announced a strategic collaboration with the Gorlin Syndrome Alliance (GSA) to advance compassionate access to SKINJECT™, the Company's investigational doxorubicin containing microneedle arrays (D-MNA) for patients suffering from Gorlin Syndrome, also known as nevoid basal cell carcinoma syndrome.
Under the collaboration, Medicus and the GSA will jointly pursue the Expanded Access IND Program with the Food and Drug Administration (FDA) to allow patients with multiple, recurrent, or inoperable basal cell carcinomas (BCCs) to access SKINJECT™ under physician-supervised treatment protocols. The initiative aims to establish a framework for expanded access while collecting valuable real-world safety and tolerability data to inform future regulatory filings. It will also more tightly integrate patient community-led insights and data into the design, monitoring, and long-term development of SKINJECT™ in this rare disease population.
Cautionary Notice on Forward-Looking Statements
Certain information in this news release constitutes "forward-looking information" under applicable securities laws. "Forward-looking information" is defined as disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action and includes, without limitation, the collaboration with GSA including the potential benefits thereof for GSA, those suffering with Gorlin Syndrome and Medicus (including as it relates to the development of SkinJect), ability to be approved for the Expanded Access IND Program to enable those suffering with Gorlin Syndrome to access SKINJECT™ under physician-supervised treatment protocols, the development of Teverelix and expectations concerning, and future outcomes relating to, the development, advancement and commercialization of Teverelix for AURr and high CV risk prostate cancer, and the potential market opportunities related thereto, the MOU, including the potential signing of definitive agreements between Medicus and HelixNano and the development of thermostable infectious diseases vaccines by combining HelixNano's proprietary mRNA vaccine platform with Medicus's proprietary microneedle array (MNA) delivery platform, the Company's aim to fast-track the clinical development program and convert the SKNJCT-003 exploratory clinical trial into a pivotal clinical trial, and approval from the FDA and the timing thereof, plans and expectations concerning, and future outcomes relating to, the development, advancement and commercialization of SkinJect through SKNJCT-003 and SKNJCT-004, and the potential market opportunities related thereto, the expansion of SKNJCT-003 into the United Kingdom and the potential benefits therefrom, the advancement of the SKNJCT-004 study and the potential results of and benefits of such study. Forward-looking statements are often but not always, identified by the use of such terms as "may", "on track", "aim", "might", "will", "will likely result", "could," "designed," "would", "should", "estimate", "plan", "project", "forecast", "intend", "expect", "anticipate", "believe", "seek", "continue", "target", "potential" or the negative and/or inverse of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including those risk factors described in the Company's annual report on form 10-K for the year ended December 31, 2024 (the "Annual Report"), and in the Company's other public filings on EDGAR and SEDAR+, which may impact, among other things, the trading price and liquidity of the Company's common shares. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect our expectations as of the date hereof and thus are subject to change thereafter. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
SOURCE: Medicus Pharma Ltd
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
Capstone Expands Stone Distribution Platform Amid Strong Market Tailwinds
Industry research signals rising demand for stone; recent acquisitions and a 32-state footprint position Capstone to lead the market
NEW YORK CITY, NEW YORK / ACCESS Newswire / November 13, 2025 / Capstone Holding Corp. (NASDAQ:CAPS), a national building products distribution platform, today highlighted accelerating demand for stone in global construction markets. This industry trend is directly supportive of Capstone's strategy, as the company builds scale in stone distribution through Carolina Stone and its recently announced, on-track LOI.
Key Highlights:
Accelerating Stone Demand: Recent industry research projects a 4.1% CAGR for natural stone over the next five years, driven by rising adoption among developers and homeowners.
Scaled Stone Platform: Capstone has built a leading stone platform through HHT's Stone Business, Heller's Stone, Carolina Stone, and a recently signed LOI, positioning the company to capitalize on this demand tailwind.
Expanding Distribution Footprint: Capstone operates across 32 states with a strong network of proprietary brands, positioning it to meet growing demand with consistent supply and quality.
Strong Outlook: With stone demand rising and a remodeling rebound expected, Capstone reaffirms its $100 million 2026 run-rate revenue target and highlights continued gross-margin expansion.
Sustainability is one of the most important trends in residential and commercial construction. Energy-efficient building practices deliver measurable ROI, often reducing operating costs by up to 40 percent.1 Recent research shows stone is the most effective material in sustainable construction, fueling a surge in demand for stone products.2
Capstone Holding Corp. built a platform of high-quality stone manufacturers and distributors through its acquisitions of HHT's Stone Business, Heller's Stone, and Carolina Stone, along with its recently signed LOI. Today, the company has a scaled presence in one of the fastest-growing categories in building products, supported by a 32-state distribution network and a growing family of proprietary brands.
"We're seeing a renaissance in demand for stone products, and given their durability, sustainability, and aesthetic advantages, we expect this momentum to continue," said Matthew Lipman, CEO of Capstone Holding Corp. "Through a series of strategic acquisitions, we've built one of the most sophisticated and scaled stone distributors in the United States, and we believe we are exceptionally well-positioned to capture this market tailwind."
A recent report from Grand View Research projects the natural stone market will grow at a 4.1 percent compound annual rate over the next five years.3 Similar momentum is underway in the U.K., where builders are being encouraged by both public and private stakeholders to adopt stone.4 The global nature of this trend suggests Capstone will benefit from a durable and expanding demand tailwind in the years ahead.
"Our acquisitions continue to put us at the forefront of a very exciting market," said Lipman. "We see this tailwind, combined with a rebound in remodeling demand, setting us up for a very strong 2026."
Capstone reaffirms its $100 million run-rate revenue target for 2026. The company also reported record gross-margin expansion in Q2 2025, rising to 24.4% from 21.4% in the prior-year period.
About Capstone Holding Corp.
Capstone Holding Corp. (NASDAQ:CAPS) is a diversified platform of building products businesses focused on distribution, brand ownership, and acquisition. Through its Instone subsidiary, Capstone serves 32 U.S. states, offering proprietary stone veneer, hardscape materials, and modular masonry systems. The company's strategy combines disciplined M&A, operational efficiency, and a growing portfolio of owned brands to build a scalable and durable platform.
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company's filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
Lightwave Logic to Attend 14th Annual Roth Technology Conference
ENGLEWOOD, COLORADO / ACCESS Newswire / November 13, 2025 / Lightwave Logic, Inc. (NASDAQ:LWLG) (the "Company"), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor, announced today that CEO Yves LeMaitre will attend and meet with investors at the 14th Annual Roth Technology Conference from November 18-19, 2025 in New York.
This event will consist of 1-on-1 / small group meetings with approximately 100 companies across the Technology, Media, and Internet verticals.
About ROTH
ROTH is a relationship-driven investment bank focused on serving growth companies and their investors. Their full-service platform provides capital raising, high impact equity research, macroeconomics, sales and trading, technical insights, derivatives strategies, M&A advisory, and corporate access. Headquartered in Newport Beach, California, Roth is a privately held, employee-owned organization and maintains offices throughout the U.S. For more information on Roth, please visit www.roth.com.
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ:LWLG) is a technology platform company pioneering the development of proprietary electro-optic polymers that enable ultra-high-speed data transmission with low power consumption and compact form factors. These materials power next-generation photonic devices for telecommunications, data centers, and emerging AI infrastructure. Visit www.lightwavelogic.com for more information.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K and 10-Q; other risks to which our company is subject; other factors beyond the company's control.
Contacts:
Ryan Coleman or Nick Teves
Alpha IR Group for Lightwave Logic
[email protected]
312-445-2870
SOURCE: Lightwave Logic
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
Redfin Reports Pending Home Sales Slip As Would-Be Buyers Wait For Lower Rates and Economic Clarity
The homes that do sell are taking a long time to find buyers, who are wary of high housing costs and economic instability
SEATTLE--(BUSINESS WIRE)--U.S. pending home sales fell 0.3% from a year earlier during the four weeks ending November 9, a tiny decline but the first in four months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
The homes that are selling are staying on the market longer: Homes are taking a median of 49 days to go under contract, the longest span for this time of year since 2019.
House hunters are hesitant because costs are high and the economy is uncertain:
The weekly average mortgage rate rose to 6.22% after dropping to a year-low of 6.17% a week earlier after the Fed indicated it may not cut interest rates in December.
The median home-sale price increased 2.4% year over year, the biggest jump in six months.
Many would-be buyers are wary of purchasing a home while the U.S. economy feels unstable. More than 20% of Americans are delaying a major purchase like a home or car due to the government shutdown, and another 15% have canceled a major purchase altogether, per a recent Redfin survey.
The selling side is holding up better, with hundreds of thousands more sellers than buyers in the market nationwide. Redfin agents recommend sellers price their home realistically from the start to attract buyers. This week, new listings of homes for sale are up 3.4% year over year, similar to the increases Redfin has seen over the last month.
Agents also report that some would-be buyers are waiting for mortgage rates to dip below 6% before making a move.
“House hunters are sensitive to rates and prices; many are waiting for one or both to drop before buying,” said W.J. Eulberg, a Redfin Premier agent in Milwaukee. “But that’s not always a great strategy. If mortgage rates come down significantly, there will be more bidding wars. And if prices drop, it will probably be because the economy has weakened and people are losing their jobs. For people who can afford a home now, they may consider jumping into the market while competition is low and many sellers are willing to negotiate on price or offer concessions like funds to cover closing costs.”
For Redfin economists’ takes on the housing market, please visit Redfin’s “From Our Economists” page.
Leading indicators
Indicators of homebuying demand and activity
Value (if applicable)
Recent change
Year-over-year change
Source
Daily average 30-year fixed mortgage rate
6.29% (Nov. 12)
Up from 6.13% two weeks earlier
Down from 7.02%
Mortgage News Daily
Weekly average 30-year fixed mortgage rate
6.22% (week ending Nov. 6)
Up slightly from the week before, but near lowest level in a year
Up 6% from a week earlier (as of week ending Nov. 7)
Up 31%
Mortgage Bankers Association
Redfin Homebuyer Demand Index
Highest level since June (as of week ending Nov. 9)
Down 6%
A measure of tours and other homebuying services from Redfin agents
Google searches of “homes for sale”
Up about 20% from a month earlier (as of Nov. 9)
Up more than 20%
Google Trends
Touring activity
Up 10% from the start of the year (as of Nov. 9)
At this time last year, it was down 5% from the start of 2024
ShowingTime
Key housing-market data
U.S. highlights: Four weeks ending Nov. 9, 2025
Redfin’s national metrics include data from 400+ U.S. metro areas and are based on homes listed and/or sold during the period. Weekly housing-market data goes back through 2015. Subject to revision.
Four weeks ending Nov. 9, 2025
Year-over-year change
Notes
Median sale price
$393,700
2.4%
Biggest increase in 6 months
Median asking price
$391,750
2.6%
Biggest increase in 5 months
Median monthly mortgage payment
$2,495 at a 6.22% mortgage rate
-1.9%
Lowest level since start of the year
Pending sales
75,287
-0.3%
First decline in over 4 months
New listings
81,265
3.4%
Active listings
1,189,896
6.3%
Smallest increase since Feb. 2024
Months of supply
4.6
+0.5 pts.
4 to 5 months of supply is considered balanced, with a lower number indicating seller’s market conditions
Share of homes off market in two weeks
28.5%
Down from 31%
Median days on market
49
+6 days
Share of homes sold above list price
22.8%
Down from 25%
Average sale-to-list price ratio
98.3%
Down from 98.7%
Metro-level highlights: Four weeks ending Nov. 9, 2025
Redfin’s metro-level data includes the 50 most populous U.S. metros. Select metros may be excluded from time to time to ensure data accuracy.
Metros with biggest year-over-year increases
Metros with biggest year-over-year decreases
Notes
Median sale price
Philadelphia (9.8%)
Detroit (9.7%)
Newark, NJ (8%)
Cincinnati (7.9%)
Cleveland (7.7%)
Dallas (-4.5%)
Jacksonville, FL (-3.5%)
San Jose, CA (-2.1%)
Fort Worth, TX (-1.9%)
San Diego (-1.7%)
Declined in 15 metros
Pending sales
West Palm Beach, FL (21.8%)
Cleveland (11.7%)
Phoenix (8.8%)
Miami (8.5%)
Fort Lauderdale, FL (7%)
Seattle (-19.2%)
San Jose, CA (-16.7%)
Minneapolis (-11%)
Detroit (-10.7%)
Virginia Beach, VA (-10.4%)
New listings
Minneapolis (13.4%)
Montgomery County, PA (13%)
Phoenix (12.5%)
Cincinnati (12.2%)
Detroit (11.6%)
Orlando, FL (-12.1%)
Tampa, FL (-9.5%)
Sacramento, CA (-9.2%)
San Antonio (-8.9%)
Jacksonville, FL (-8.2%)
To view the full report, including charts, please visit: https://www.redfin.com/news/housing-market-update-pending-sales-decline-buyers-waiting-for-lower-rates
About Redfin
Redfin is a technology-driven real estate company with the country's most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.
You can find more information about Redfin and get the latest housing market data and research at Redfin.com/news. For more information about Rocket Companies, visit RocketCompanies.com.
More News From Redfin
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2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
The Next Big Trade: Why I'm Loading Up On REITs Before Everyone Else
SummaryREITs offer compelling value and income, with VNQ yielding 3.8% versus the S&P 500's 1.1%, and trade at historically wide valuation discounts.The current macro environment favors high-quality, undervalued dividend stocks, as falling long-term rates could boost demand for income-generating assets like REITs.REITs demonstrate strong financial health, stable dividends, and sector diversity, making them attractive for both income and potential total return upside.Risks include rising long-term rates and sector-specific challenges, but focusing on quality assets and valuation provides a favorable risk/reward setup for long-term investors.Black Friday Sale 2025: Get 20% Off Tomas Nevesely/iStock via Getty Images
Introduction A few months ago, I had a call with an asset manager about just how tricky this macro environment has become. That may not come as a shock, as we discuss this almost daily. During this call, I
Analyst’s Disclosure:I/we have a beneficial long position in the shares of REXR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
LAVA Announces Exceeding Minimum Condition in Tender Offer and Intent to Delist from Nasdaq
UTRECHT, The Netherlands, and PHILADELPHIA, Nov. 13, 2025 (GLOBE NEWSWIRE) -- LAVA Therapeutics N.V. (“LAVA”) (Nasdaq: LVTX) today announced that 22,877,463 of LAVA’s common shares, representing approximately 87% of LAVA’s outstanding common shares, were validly tendered and not withdrawn prior to the expiration of the initial offering period one minute after 11:59 p.m. Eastern Time on November 12, 2025. As a result, the minimum tender condition and other conditions of the previously announced tender offer (the “Offer”) of XOMA Royalty Corporation (“XOMA Royalty”) to acquire LAVA have been satisfied. All validly tendered shares are expected to be accepted for payment on or about November 13, 2025.
The subsequent offering period has now commenced. LAVA shareholders who have not yet tendered their common shares may still tender during the subsequent offering period, which will expire one minute after 11:59 p.m. Eastern Time on November 20, 2025. Any common shares tendered during the subsequent offering period may not be withdrawn. LAVA’s common shares are expected to be suspended from trading on the Nasdaq Global Select Market prior to the opening of the market on or about November 21, 2025.
LAVA also announced today that it has submitted written notice to Nasdaq of its intention to voluntarily delist its common shares from Nasdaq. The voluntary delisting is subject to and conditioned upon the acquisition by XOMA Royalty of all common shares validly tendered and not properly withdrawn in accordance with the previously disclosed purchase agreement entered into between LAVA and XOMA Royalty. On or about November 24, 2025, LAVA expects Nasdaq will file with the U.S. Securities and Exchange Commission ("SEC") a notification of removal from listing of its common shares on Nasdaq. Completion of the tender offer remains subject to the conditions described in the tender offer statement on Schedule TO filed by XOMA Royalty with the SEC (as amended and supplemented).
About LAVA Therapeutics
LAVA Therapeutics N.V. is a biopharmaceutical company that has developed several clinical-stage bispecific gamma delta T cell engagers using its proprietary Gammabody® platform, including JNJ-89853413, targeting CD33 and hematologic cancers (NCT06618001), partnered with Johnson & Johnson, and PF-08046052, targeting EGFR and solid tumors (NCT05983133), partnered with Pfizer, Inc. For more information on LAVA, please visit www.lavatherapeutics.com.
Gammabody® is a registered trademark of LAVA Therapeutics N.V.
LAVA’s Cautionary Note on Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate”, “believe”, “could”, “will”, “may”, “expect”, “should”, “plan”, “intend”, “estimate”, “potential”, “suggests”, and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. These forward-looking statements are based on LAVA’s expectations and assumptions as of the date of this press release and are subject to various risks and uncertainties that may cause actual results to differ materially from these forward-looking statements. As a result, a number of important factors could cause actual results to differ materially from those indicated by such forward-looking statements, including: the risk that the transactions may not be completed in a timely manner, or at all, which may adversely affect LAVA’s business and the price of its common shares; the delay or failure of the conditions of the Offer to be satisfied (or waived); the possibility that competing offers will be made; significant costs associated with the transactions; the risk that any shareholder or other litigation in connection with the transactions may result in significant costs of defense, indemnification and liability; the risk that activities related to the CVR Agreement may not result in any value to LAVA’s shareholders, including payments related to the resolution of certain potential liabilities; the possibility that prior to the completion of the transactions, LAVA’s or XOMA Royalty’s business may experience significant disruptions due to transaction-related uncertainty; the effects of disruption from the transactions of LAVA’s business and the fact that the announcement and pendency of the transactions may make it more difficult to establish or maintain relationships with employees, manufacturers, suppliers, vendors or business partners; the occurrence of any event, change or other circumstance that could give rise to the termination of the purchase agreement; as well as potential adverse effects on LAVA’s business condition and results from general economic and market conditions and overall fluctuations in the United States and international equity markets, including as a result of inflation, heightened interest rates, recent and potential future pandemics and other health crises, and hostilities, including the Russian invasion of Ukraine and the conflict in the Middle East. These and other risks are described in greater detail under the caption “Risk Factors” in LAVA’s most recent Annual Report on Form 10-K and other filings LAVA makes with the SEC. LAVA assumes no obligation to update any forward-looking statements contained herein whether as a result of any new information, future events, change in expectations or otherwise, except as otherwise required by law.
Additional Information and Where to Find It
The description contained in this press release is for informational purposes only and is not a recommendation, an offer to buy or the solicitation of an offer to sell any shares of LAVA’s common shares. XOMA Royalty has filed a Tender Offer Statement on Schedule TO and LAVA has filed a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC related to the tender offer.
INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE TENDER OFFER MATERIALS (INCLUDING THE OFFER TO PURCHASE, A LETTER OF TRANSMITTAL AND RELATED DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 REGARDING THE OFFER, AS THEY MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME, WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN IMPORTANT INFORMATION THAT INVESTORS AND SECURITY HOLDERS SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SHARES (INCLUDING THE TERMS AND CONDITIONS OF THE OFFER).
Investors and security holders may obtain a free copy of these statements (when available) and other documents filed with the SEC at the website maintained by the SEC at www.sec.gov or by directing such requests to the information agent for the Offer, which is named in the tender offer statement. Investors and security holders may also obtain, at no charge, the documents filed or furnished to the SEC by LAVA under the “SEC Filings” subsection of the “Financials & Filings” section of LAVA’s website at https://ir.lavatherapeutics.com or by accessing the Investor Relations sections of XOMA Royalty’s website at https://www.investors.xoma.com.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
Xilio Therapeutics Announces Pipeline and Business Updates and Third Quarter 2025 Financial Results
Reported late-breaking Phase 2 data at SITC for vilastobart demonstrating a 40% ORR in heavily pretreated patients with MSS mCRC without liver metastases and high plasma tumor mutational burden Presented Phase 1 data at SITC for efarindodekin alfa showing promising monotherapy anti-tumor activity and generally well-tolerated safety profile in patients with advanced solid tumors Announced new preclinical data at SITC for masked T cell engager programs supporting best-in-class potential and showing efficient masking, potent anti-tumor activity and broad therapeutic index Anticipate cash runway into the first quarter of 2027 WALTHAM, Mass., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Xilio Therapeutics, Inc. (Nasdaq: XLO), a clinical-stage biotechnology company discovering and developing tumor-activated immuno-oncology therapies for people living with cancer, today announced pipeline progress and business updates and reported financial results for the third quarter ended September 30, 2025.
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
Bread Financial Provides Performance Update for October 2025
COLUMBUS, Ohio, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated: For the month ended October 31, 2025 For the month ended October 31, 2024 (dollars in millions) End-of-period credit card and other loans $ 17,694 $ 17,915 Average credit card and other loans $ 17,627 $ 17,867 Year-over-year change in average credit card and other loans (1%) —% Net principal losses(1) $ 112 $ 120 Net loss rate(1) 7.5% 7.9% As of October 31, 2025 As of October 31, 2024 (dollars in millions) 30 days + delinquencies – principal $ 963 $ 1,056 Period ended credit card and other loans – principal $ 15,903 $ 16,451 Delinquency rate 6.1% 6.4% (1) As a result of hurricanes Helene and Milton we froze delinquency progression for cardholders in Federal Emergency Management Agency identified impact zones for one billing cycle, which resulted in modestly lower Net principal losses and Net loss rate in the fourth quarter of 2024.
2025-11-13 12:401mo ago
2025-11-13 07:301mo ago
Arbutus Reports Third Quarter 2025 Financial Results and Provides Corporate Update
Strong financial position with cash, cash equivalents and marketable securities of $93.7M Moderna litigation U.S. trial scheduled for March 2026; Favorable claim construction ruling in Pfizer-BioNTech litigation issued in September 2025 Additional analysis of imdusiran (AB-729) clinical data shows: - 46% of Phase 2a patients met criteria to discontinue all treatment - 94% of long-term follow-up patients remain off all treatment for up to 2+ years - 100% of HBV DNA positive patients in Phase 1b achieved HBV DNA levels belowquantification after only 18 weeks of imdusiran and nucleos(t)ide analogue therapy - All HBV e-antigen positive patients demonstrated dose-dependent HBV e-antigen decreases WARMINSTER, Pa., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Arbutus Biopharma Corporation (Nasdaq: ABUS) (“Arbutus” or the “Company”), a clinical-stage biopharmaceutical company focused on infectious disease, today reported third quarter 2025 financial results and provided a corporate update.
Persimmon Plc (OTCPK:PSMMY) Q3 2025 Earnings Call November 13, 2025 4:00 AM EST Company Participants Dean Finch - Group Chief Executive & Executive Director Andrew Duxbury - CFO & Executive Director Conference Call Participants Aynsley Lammin - Investec Bank plc, Research Division Allison Sun - BofA Securities, Research Division Ami Galla - Citigroup Inc., Research Division William Jones - Rothschild & Co Redburn, Research Division Zaim Beekawa - JPMorgan Chase & Co, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to Persimmon's Plc Q3 Trading Update Conference Call.
2025-11-13 12:401mo ago
2025-11-13 07:331mo ago
Sunrise Realty Trust, Inc. Announces Financial Results for the Third Quarter 2025
Third quarter 2025 GAAP net income of $4.05 million or $0.30 per basic weighted average common share and Distributable Earnings(1) of $4.12 million or $0.31 per basic weighted average common share
November 13, 2025 07:33 ET
| Source:
Sunrise Realty Trust, Inc.
WEST PALM BEACH, Fla., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”), a lender on the Tannenbaum Capital Group (“TCG”) Real Estate platform, today announced its results for the quarter ended September 30, 2025.
SUNS reported generally accepted accounting principles (“GAAP”) net income of $4.05 million or $0.30 per basic weighted average common share and Distributable Earnings of $4.12 million or $0.31 per basic weighted average common share for the third quarter of 2025.
Brian Sedrish, Chief Executive Officer of SUNS, said, “Our accomplishments during the third quarter demonstrate our continued focus on the strategic objectives we established approximately eighteen months ago as we continue building a new-vintage, premier commercial mortgage REIT. We remain focused on originating loans to borrowers of transitional real estate assets located primarily in the Southern United States. The progress achieved this quarter reflects continued execution toward our core goals – delivering a consistent and stable dividend, diversifying our portfolio across asset classes, geographies and borrowers, and utilizing efficiently priced senior and unsecured financing to support prudent growth.”
Common Stock Dividend
On October 15, 2025, the Company paid a cash dividend of $0.30 per common share for the third quarter of 2025. SUNS distributed $4.0 million in dividends, or $0.30 per common share, compared to Distributable Earnings of $0.31 per basic weighted average common share for such period.
Additional Information
SUNS issued a presentation, titled “Third Quarter 2025 Investor Presentation,” which can be viewed at www.sunriserealtytrust.com under the Investor Relations section. The Company also filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, with the Securities and Exchange Commission (the “SEC”) on November 13, 2025.
SUNS routinely posts important information for investors on its website, www.sunriserealtytrust.com. The Company intends to use this webpage as a means of disclosing material information, for complying with our disclosure obligations under Regulation FD and to post and update investor presentations and similar materials on a regular basis. SUNS encourages investors, analysts, the media and others interested in SUNS to monitor the Investors section of its website, in addition to following its press releases, SEC filings, public conference calls, presentations, webcasts and other information posted from time to time on the website. To sign-up for email-notifications, please visit the “Email Alerts” section of the website under the “IR Resources” section.
Conference Call & Discussion of Financial Results
SUNS will host a conference call at 10:00 am (Eastern Time) on Thursday, November 13, 2025, to provide an update on the business. All interested parties are welcome to participate. The call will be available through a live audio webcast at the Investor Relations section of SUNS’s website found here: SUNS – Investor Relations. To participate via telephone, please register in advance at this link. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can be used to access the call. The complete webcast will be archived for 90 days on the Investor Relations section of the SUNS website.
About Sunrise Realty Trust, Inc.
Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) is an institutional commercial real estate (“CRE”) lender providing flexible financing solutions to sponsors of CRE projects primarily in the Southern United States. It focuses on transitional CRE business plans with the potential for near-term value creation, collateralized by top-tier assets predominantly located in established and rapidly expanding Southern markets. For additional information regarding the Company, please visit www.sunriserealtytrust.com.
About TCG Real Estate
TCG Real Estate refers to a group of affiliated CRE-focused debt funds, including a Nasdaq-listed mortgage real estate investment trust (“REIT”), Sunrise Realty Trust, Inc. (Nasdaq: SUNS), and a private mortgage REIT, Southern Realty Trust Inc. The funds provide flexible financing on transitional CRE properties that present opportunities for near-term value creation, with a focus on top-tier CRE assets located primarily within markets in the Southern U.S. benefiting from economic tailwinds with growth potential. For additional information regarding TCG Real Estate, please visit www.theTCG.com.
Non-GAAP Metrics
In addition to using certain financial metrics prepared in accordance with GAAP to evaluate our performance, we also use Distributable Earnings to evaluate our performance excluding the effects of certain transactions and GAAP adjustments we believe are not necessarily indicative of our current loan activity and operations. Distributable Earnings is a measure that is not prepared in accordance with GAAP. Distributable Earnings and the other capitalized terms not defined in this section have the meanings ascribed to such terms in our most recently filed quarterly report. We use this non-GAAP financial measure both to explain our results to shareholders and the investment community and in the internal evaluation and management of our businesses. Our management believes that this non-GAAP financial measure and the information they provide are useful to investors since these measures permit investors and shareholders to assess the overall performance of our business using the same tools that our management uses to evaluate our past performance and prospects for future performance.
The determination of Distributable Earnings is substantially similar to the determination of Core Earnings under our Management Agreement, provided that Core Earnings is a component of the calculation of any Incentive Compensation earned under the Management Agreement for the applicable time period, and thus Core Earnings is calculated without giving effect to Incentive Compensation expense, while the calculation of Distributable Earnings account for any Incentive Compensation earned for such time period. We define Distributable Earnings as, for a specified period, the net income (loss) computed in accordance with GAAP, excluding (i) stock-based compensation expense, (ii) depreciation and amortization, (iii) any unrealized gains, losses or other non-cash items recorded in net income (loss) for the period, regardless of whether such items are included in other comprehensive income or loss, or in net income (loss); provided that Distributable Earnings does not exclude, in the case of investments with a deferred interest feature (such as original issue discount, debt instruments with PIK interest and zero coupon securities), accrued income that we have not yet received in cash, (iv) provision for (reversal of) current expected credit losses (“CECL”), (v) taxable REIT (as defined below) subsidiary (“TRS”) (income) loss, net of any dividends received from TRS and (vi) one-time events pursuant to changes in GAAP and certain non-cash charges, in each case after discussions between our Manager and our independent directors and after approval by a majority of such independent directors.
We believe providing Distributable Earnings on a supplemental basis to our net income as determined in accordance with GAAP is helpful to shareholders in assessing the overall performance of our business. As a real estate investment trust (“REIT”), we are required to distribute at least 90% of our annual REIT taxable income, subject to certain adjustments, and to pay tax at regular corporate rates to the extent that we annually distribute less than 100% of such taxable income. Given these requirements and our belief that dividends are generally one of the principal reasons that shareholders invest in our common stock, we generally intend to attempt to pay dividends to our shareholders in an amount at least equal to such REIT taxable income, if and to the extent authorized by our Board of Directors. Distributable Earnings is one of many factors considered by our Board of Directors in authorizing dividends and, while not a direct measure of net taxable income, over time, the measure can be considered a useful indicator of our dividends.
Distributable Earnings is a non-GAAP financial measure and should not be considered as a substitute for GAAP net income. We caution readers that our methodology for calculating Distributable Earnings may differ from the methodologies employed by other REITs to calculate the same or similar supplemental performance measures, and as a result, our reported Distributable Earnings may not be comparable to similar measures presented by other REITs.
The following table provides a reconciliation of GAAP Net income to Distributable Earnings:
Three months ended
September 30, Nine months ended
September 30, 2025 2024 2025 2024 Net income$4,054,959 $1,738,363 $10,512,710 $5,014,451Adjustments to net income: Stock-based compensation expense 260,307 160,139 762,994 160,139Depreciation and amortization — — — —Unrealized (gains) losses, or other non-cash items — — — —(Reversal of) provision for current expected credit
losses (193,865) (47,527) 392,276 24,327TRS (income) loss — — — —One-time events pursuant to changes in GAAP and
certain non-cash charges — — — —Distributable earnings$4,121,401 $1,850,975 $11,667,980 $5,198,917Basic weighted average shares of common stock
outstanding 13,247,030 6,800,500 12,571,091 6,800,500Distributable earnings per basic weighted average share$0.31 $0.27 $0.93 $0.76
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect our current views and projections with respect to, among other things, future events and financial performance. Words such as “believes,” “expects,” “will,” “intends,” “plans,” “guidance,” “estimates,” “projects,” “may,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements, including statements about our future growth and strategies for such growth, and our estimates of future distributable earnings, are subject to the inherent uncertainties in predicting future results and conditions and are not guarantees of future performance, conditions or results. Certain factors, including the ability of our manager to locate suitable loan opportunities for us, monitor and actively manage our loan portfolio and implement our investment strategy; the demand for commercial real estate investment; management’s current estimate of expected credit losses and current expected credit loss reserve and other factors could cause actual results and performance to differ materially from those projected in these forward-looking statements. More information on these risks and other potential factors that could affect our business and financial results is included in SUNS’s filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of SUNS’s Annual Report on Form 10-K filed on March 6, 2025, and subsequently filed Quarterly Reports on Form 10-Q. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect SUNS. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Doug Allen
Dukas Linden Public Relations
(646) 722-6530 [email protected]
1 Distributable Earnings is a non-GAAP financial measure. See the “Non-GAAP Metrics” section of this release for a reconciliation of GAAP Net Income to Distributable Earnings.
2025-11-13 12:401mo ago
2025-11-13 07:331mo ago
Moving iMage Technologies Hosts First Quarter Fiscal 2026 Conference Call November 14, 2025 at 11am ET
November 13, 2025 7:33 AM EST | Source: Moving iMage Technologies
Fountain Valley, California--(Newsfile Corp. - November 13, 2025) - Moving iMage Technologies, Inc. (NYSE American: MITQ), a leading provider of cutting-edge out-of-home entertainment technology and services for cinema, Esports, stadiums and arenas and other venues, will report Q1 fiscal 2026 results before the market opens on November 14 and host an investor call at 11:00 am ET. Following prepared remarks, management will take investor questions.
Conference Call Details
Date/Time:Friday, November 14 at 11:00am ETToll-Free Number:1-877-407-4018Toll/International Number:1-201-689-8471Call me™: Participants can use Guest dial-in numbers above and be answered by an operator OR click the Call me™ Link for instant telephone access to the event. Call me™ link will be made active 15 minutes prior to scheduled start time.
Telephone Replay
Access ID: 13757170
Replay Dial-In: 1-844-512-2921 or 1-412-317-6671
Replay Expiration: Friday November 28, 2025 at 11:59 p.m. ET
About Moving iMage Technologies (www.movingimagetech.com)
With a focus on innovation, service, and quality, Moving iMage Technologies ("MiT") is a trusted partner in delivering state-of-the-art out-of-home entertainment environments. Founded in 2003, MiT provides products, integrated systems design, custom engineering, proprietary products, software, and installation services for cinemas, screening rooms, postproduction facilities, high-end home theaters, Esports venues, arenas, stadiums, and other entertainment spaces.
MiT manufactures a broad line of digital cinema peripherals in the U.S., including automation systems, projector pedestals/bases, projector lifts, hush boxes, direct-view LED frames, lighting fixtures and dimmers, power management devices, operations software, and Esports platforms. It also distributes and integrates cinema equipment from Barco, Sharp (NEC) Digital Cinema, Christie Digital, LEA Professional, Dolby, GDC, JBL/Crown, LG, Meyer Sound, Q-SYS, QSC, Samsung and others.
MiT's Caddy Products division designs and sells cupholders, concession trays, and venue accessories that enhance concession sales and improve the guest experience.
Follow us on X: @movingimagenews
Follow us on LinkedIn: MiT on LinkedIn
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274295
2025-11-13 12:401mo ago
2025-11-13 07:331mo ago
LRN Shareholder Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Securities Class Action Against Stride, Inc.
SAN DIEGO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Stride, Inc. (NYSE: LRN) securities between October 22, 2024 and October 28, 2025. Stride is a technology company that provides an education platform to deliver online learning to students throughout the U.S.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: Robbins LLP is Investigating Allegations That Stride, Inc. (LRN) Mislead Investors Regarding its Business Prospects
According to the complaint, during the class period, Stride told the market that it was “one of the nation’s most successful technology-based education companies” and that its “[d]eep educational, regulatory, and policy expertise” across the United States allowed it to “leverage[e] capabilities and assets to address market failures or shortcomings.” The complaint continues that the foregoing were false and misleading statements because Stride was: (1) inflating enrollment numbers by retaining “ghost students”; (2) cutting staffing costs by assigning teachers’ caseloads far beyond the required statutory limits; (3) ignoring compliance requirements, including background checks and licensure laws for its employees, and ignoring federally mandated special education services to students; (4) suppressing whistleblowers who documented financial directives from Stride’s leadership to delay hiring and deny services to preserve profit margins; and (5) losing existing and potential enrollments.
Plaintiff alleges that on September 14, 2025, a report stated that the Gallup-McKinley County Schools Board of Education had filed a complaint against Stride, alleging fraud, deceptive trade practices, systemic violations of law, and intentional and tortious misconduct, including inflating enrollment numbers by retaining “ghost students” on rolls to secure state funding per student and ignoring compliance requirements, including background checks and licensure laws for its employees. On this news, the price of Stride’s stock fell $18.60 per share, or 11.7%, to close at
$139.76 per share on September 15, 2025.
Then, on October 28, 2025, the Company announced that “poor customer experience” had resulted in “higher withdrawal rates,” “lower conversion rates,” and had driven students away. Stride estimated the impact caused approximately 10,000-15,000 fewer enrollments and stated that, because of this, its outlook is “muted” compared to prior years. On this news, the price of Stride’s stock dropped $83.48 per share, or more than 54%, to close at $70.05 per share on October 29, 2025.
What Now: You may be eligible to participate in the class action against Stride, Inc. Shareholders who wish to serve as lead plaintiff for the class must file their papers with the court by January 12, 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 Stride, Inc. 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.
2025-11-13 12:401mo ago
2025-11-13 07:331mo ago
Zaman: Caterpillar is becoming an AI infrastructure supplier
Aadil Zaman, Partner at Wall Street Alliance Group, says a market pullback is inevitable, with leadership shifting from AI giants to AI enablers like Caterpillar as demand for data-center infrastructure surges.
2025-11-13 12:401mo ago
2025-11-13 07:351mo ago
McFarlane Lake Announces Partial Redemption of Senior Secured Debentures Following Sale of West Hawk Lake and High Lake
TORONTO, ON / ACCESS Newswire / November 13, 2025 / McFarlane Lake Mining Limited ("McFarlane" or the "Company") (CSE:MLM)(OTCQB:MLMLF) is pleased to announce that, in accordance with the trust indenture dated September 29, 2025 (the "Indenture"), between the Company and Odyssey Trust Company (the "Trustee") and with the consent of a majority of the holders provided on October 24, 2025 waiving the Indenture's 60-day notice requirement for redemption, the Company submitted notice on November 11, 2025 of the early redemption of US$2,344,469 of its US$15,000,000 aggregate principal amount of 15% senior secured debentures maturing October 26, 2026 (the "Debentures"). The Debentures have been redeemed as of November 11, 2025 (the "Redemption Date"), in accordance with the terms of the Indenture.
The Trustee will pay holders of Debentures a redemption amount of approximately US$167.92 for each US$1,000 principal amount of the Debentures, being equal to (i) US$156.30 and (ii) all accrued and unpaid interest hereon to but excluding the Redemption Date, inclusive of the early repayment premium required pursuant to the Indenture (collectively, the "Redemption Price").
Under the Indenture, the October 28, 2025 West Hawk Lake and High Lake sale was considered a Permitted Asset Sale (as defined in the Indenture) of a secured asset, of which at least 50% of the Net Cash Proceeds (as defined in the Indenture) are to be applied to redeem the Debentures. The payment of US$2,344,469 against the Debentures represents 50% of the Net Cash Proceeds from the sale of West Hawk Lake and High Lake.
Holders of the Debentures are encouraged to contact their investment dealer or the Trustee to coordinate the surrender of their Debentures. The Redemption Price will be payable in cash upon presentation and surrender to the Trustee of the Debentures called for redemption at #1230, 300 - 5th Avenue SW Calgary, Alberta, T2P 3C Attention: Corporate Trust.
About McFarlane Lake Mining Limited
McFarlane Lake Mining Limited is a Canadian gold exploration company focused on advancing its flagship Juby Gold Project, located near Gowganda, Ontario, within the established Abitibi Greenstone Belt. The Juby Project hosts a current (effective September 29, 2025) NI 43-101 compliant Mineral Resource Estimate (MRE) of 1.01 million ounces of gold in the Indicated category at an average grade of 0.98 g/t gold (31.74 million tonnes) and an additional 3.17 million ounces of gold in the Inferred category at an average grade of 0.89 g/t gold (109.48 million tonnes). The estimate was calculated using a long-term gold price of US$2,500 per ounce, applying cut-off grades of 0.25 g/t gold for open pit and 1.85 g/t gold for underground resources.
A sensitivity analysis completed at a higher gold price of US$3,750 per ounce resulted in an Indicated Mineral Resource of 1.20 million ounces grading 0.94 g/t gold (39.51 million tonnes) and an Inferred Mineral Resource of 4.23 million ounces grading 0.85 g/t gold (154.50 million tonnes) applying cut-off grades of 0.25 g/t gold for open pit and 1.15 g/t gold for underground resources.
The independent MRE was prepared by BBA E&C Inc. in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The full technical report supporting the resource estimate will be filed on SEDAR+ within 45 days of the Company's public announcement of the MRE, see announcement of October 7, 2025.
McFarlane is actively planning an exploration drilling program and additional technical studies at the Juby Gold Project to further evaluate and advance this large-scale gold system.
In addition to the Juby Gold Project, McFarlane holds a portfolio of 100%-owned gold assets in Ontario, including the past-producing McMillan Gold Mine and Mongowin properties located approximately 70 kilometres west of Sudbury and the Michaud/Munro properties located 115 kilometres east of Timmins. McFarlane Lake Mining Limited is a reporting issuer in Ontario, British Columbia, and Alberta.
Readers are cautioned to refer to the "Cautionary Statement on Mineral Resources" and all other disclaimers included in this news release for important information regarding the limitations and verification status of the data presented above and elsewhere herein.
To learn more, visit: https://mcfarlanelakemining.com/.
Additional information on McFarlane can be found by reviewing its profile on SEDAR+ at www.sedarplus.com.
Qualified Person
The scientific and technical information disclosed in this news release was reviewed and approved by Mark Trevisiol, P.Eng., an officer of McFarlane and a Qualified Person under National Instrument 43-101.
Advisors
Wildeboer Dellelce LLP is acting as legal counsel for McFarlane.
This news release contains "forward-looking information" or "forward-looking statements" within the meaning of Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", "is expected", "anticipates" or "does not anticipate", "plans", "believes" or "intends", or variations of such words and phrases, or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of McFarlane to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated as of November 27, 2024, which is available for view on SEDAR+ at www.sedarplus.com. Forward-looking statements contained herein are made as of the date of this press release and McFarlane disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise.
There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.
Cautionary Statement on Mineral Resources
This news release uses the terms indicated and inferred mineral resources as a relative measure of the level of confidence in the resource estimate. Readers are cautioned that mineral resources are not mineral reserves and that the economic viability of resources that are not mineral reserves has not been demonstrated. The mineral resource estimates disclosed in this news release may be materially affected by geology, environmental, permitting, legal, title, socio-political, marketing or other relevant issues. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to an indicated or measured mineral resource category, however, it is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. The mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum's "CIM Definition Standards on Mineral Resources and Mineral Reserves" incorporated by reference into NI 43-101. Under NI 43-101, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies or economic studies except for preliminary economic assessments. Readers are cautioned not to assume that further work on the stated resources will lead to mineral reserves that can be mined economically.
Further Information
For further information regarding McFarlane, please contact:
Mark Trevisiol,
Chief Executive Officer, President and Director
McFarlane Lake Mining Limited
(705) 665-5087
[email protected]
Analyst’s Disclosure:I/we have a beneficial long position in the shares of NLY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Beyond Saving, Philip Mause, and Hidden Opportunities, all are supporting contributors for High Dividend Opportunities. Any recommendation posted in this article is not indefinite. We closely monitor all of our positions. We issue Buy and Sell alerts on our recommendations, which are exclusive to our members.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-11-13 12:401mo ago
2025-11-13 07:361mo ago
Streaming drives the way for Walt Disney amid an otherwise mixed earnings report
The Walt Disney Co. had a difficult quarter with the fallout from pulling Jimmy Kimmel off the air, its fight with YouTube and switching gears with its betting partner at ESPN.
2025-11-13 12:401mo ago
2025-11-13 07:361mo ago
Cognition Therapeutics Completes Enrollment in Phase 2 Study of Zervimesine (CT1812) in Early Alzheimer's Disease
Study conducted in collaboration with the Alzheimer’s Clinical Trials Consortium
November 13, 2025 07:36 ET
| Source:
Cognition Therapeutics, Inc.
PURCHASE, N.Y., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Cognition Therapeutics, Inc., (the Company or Cognition) (NASDAQ: CGTX), a clinical stage company developing drugs that treat neurodegenerative disorders, announced that the company has reached target enrollment of 540 participants in the randomized, placebo-controlled Phase 2 ‘START’ Study. A number of additional patients are in the final stages of screening and will be randomized if they meet all eligibility requirements. START will assess the safety and activity of zervimesine (CT1812) in participants with mild cognitive impairment (MCI) or early Alzheimer’s disease. Topline results are expected after all participants have completed 18 months of treatment.
“Our clinical operations teams drove impressive enrollment numbers this year based on strong interest from patients and investigators,” stated Lisa Ricciardi, Cognition’s president and CEO. “During the first half of 2025, we made presentations of our Phase 2 results in mild-to-moderate Alzheimer’s disease and dementia with Lewy bodies at international conferences and to the START investigators. The interest generated among investigators contributed to the strong enrollment figures, with approximately 50% of the entire study population enrolled during the last six months. We would like to thank our partners at ACTC and our investigators for their commitment, which led to this impressive accomplishment.”
The START study was initiated shortly after Leqembi was granted accelerated approval in the US. Cognition and ACTC made the decision to allow people on stable background therapy with an approved monoclonal antibody therapy to participate. Approximately 15% of participants randomized into START were also receiving infusions of either Leqembi (lecanemab) or Kisunla (donanemab).
Dr. Ryan O'Dell, MD, PhD, assistant professor of psychiatry at the Yale Alzheimer's Disease Research Unit and an investigator in the START study, added, “It’s an exciting time to be involved in Alzheimer’s disease research. With two approved anti-amyloid antibodies, many of our patients finally have new treatment options. But these disease-modifying therapies are only appropriate for some patients, leaving many with MCI and mild dementia due to Alzheimer’s disease, and the entire spectrum of people with more severe disease, without access to these novel treatments. The START study was a unique opportunity to investigate an experimental oral drug with a mechanism that is unlike that of the currently approved immunotherapeutics, with the potential to treat a broader segment of the Alzheimer’s patient community. And the prospect of combination therapy is particularly exciting for those patients receiving background Leqembi or Kisunla infusions as part of their clinical care.”
“We expect zervimesine’s oral dosing and safety profile, with no increased risk of ARIA or need for serial imaging, to reduce the burden on patients and healthcare providers,” concluded Anthony O. Caggiano, Cognition’s chief medical officer. “We believe zervimesine has the potential to be an important part of the Alzheimer’s disease treatment arsenal for patients with early, mild and moderate Alzheimer’s disease.”
About the START Study
The START Study (NCT05531656) is designed to measure the efficacy and tolerability of once-daily oral zervimesine in individuals with mild cognitive impairment (MCI) or early Alzheimer’s disease who have elevated Aβ as measured by PET or CSF. Participants are randomized to receive zervimesine or placebo for 18 months. The study will measure cognition and executive function using validated tools including the Clinical Dementia Rating Scale Sum of Boxes (CDR-SB) and ADAS-Cog rating scales. Biomarkers and safety findings will also be assessed.
The START Study is supported by an $81 million grant from the National Institute of Aging (NIA) at the National Institutes of Health (R01AG065248). The study is being conducted in collaboration with the Alzheimer’s Clinical Trials Consortium (ACTC), an NIA-funded (grant number U24AG057437) clinical trial network of 35 leading academic sites with expertise in clinical trials in Alzheimer’s disease.
About Zervimesine (CT1812)
Zervimesine (CT1812) is an investigational, oral, once-daily pill in development for the treatment of CNS diseases such as Alzheimer’s disease and dementia with Lewy bodies (DLB). While these diseases have different symptoms, both are associated with the buildup of certain proteins in the brain – Aβ and ɑ-synuclein. As these proteins bind to neurons, they can damage and ultimately destroy the neurons. This results in a progressive loss in a person’s ability to learn, recall memories, move efficiently, or communicate. These diseases progress relentlessly and ultimately result in death. If zervimesine can interrupt the toxic effects of these proteins, it may be able to slow progression of disease and improve the lives of those suffering from Alzheimer’s and DLB. Zervimesine has been generally well tolerated in clinical studies to date.
The USAN Council has adopted zervimesine as the United States Adopted Name (USAN) for CT1812.
About Cognition Therapeutics, Inc.
Cognition Therapeutics, Inc., is a clinical-stage biopharmaceutical company discovering and developing innovative, small molecule therapeutics targeting age-related degenerative disorders of the central nervous system. We recently completed Phase 2 studies of our lead candidate, zervimesine (CT1812) in dementia with Lewy bodies (DLB), mild-to-moderate Alzheimer’s disease and geographic atrophy secondary to dry AMD. The Phase 2 START Study (NCT05531656) in early Alzheimer’s disease is ongoing. We believe zervimesine can regulate pathways that are impaired in these diseases through its interaction with the sigma-2 receptor, a mechanism that is functionally distinct from other approaches for the treatment of degenerative diseases. More about Cognition Therapeutics and our pipeline can be found at https://cogrx.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. All statements contained in this press release or made during the conference call, other than statements of historical facts or statements that relate to present facts or current conditions, including but not limited to, statements related to our clinical studies of zervimesine (CT1812), including our Phase 2 START study, and any analysis of the results or timing of the results therefrom; any expected or implied benefits or results of zervimesine, including that initial clinical results observed with respect to zervimesine will be replicated in later trials and our clinical development plans, are forward-looking statements. These statements, including statements relating to the timing and expected results of our clinical trials involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “might,” “will,” “should,” “expect,” “plan,” “aim,” “seek,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “forecast,” “potential” or “continue” or the negative of these terms or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions, some of which cannot be predicted or quantified and some of which are beyond our control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: competition; our ability to secure new (and retain existing) grant funding; our ability to grow and manage growth, maintain relationships with suppliers and retain our management and key employees; our ability to successfully advance our current and future product candidates through development activities, preclinical studies and clinical trials and costs related thereto; uncertainties inherent in the results of preliminary data, pre-clinical studies and earlier-stage clinical trials being predictive of the results of early or later-stage clinical trials; the timing, scope and likelihood of regulatory filings and approvals, including regulatory approval of our product candidates; changes in applicable laws or regulations; the possibility that we may be adversely affected by other economic, business or competitive factors, including ongoing economic uncertainty; our estimates of expenses and profitability; the evolution of the markets in which we compete; our ability to implement our strategic initiatives and continue to innovate our existing products; our ability to defend our intellectual property; the impacts of global political changes and global economic conditions, supply chain and labor force; our ability to maintain the listing of our common stock on the Nasdaq Capital Market; and the risks and uncertainties described more fully in the “Risk Factors” section of our annual and quarterly reports filed with the Securities & Exchange Commission and are available at www.sec.gov. These risks are not exhaustive and we face both known and unknown risks. You should not rely on these forward-looking statements as predictions of future events. The events and circumstances reflected in our forward-looking statements may not be achieved or occur, and actual results could differ materially from those projected in the forward-looking statements. Moreover, we operate in a dynamic industry and economy. New risk factors and uncertainties may emerge from time to time, and it is not possible for management to predict all risk factors and uncertainties that we may face. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.
This press release was published by a CLEAR® Verified individual.
2025-11-13 12:401mo ago
2025-11-13 07:381mo ago
Should You Buy Netflix Before Its 10-for-1 Stock Split on Monday?
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Netflix (NASDAQ:NFLX) excited investors last week with its announcement it would split its stock 10-for-1 after the market closes tomorrow. Shares will begin trading on the split-adjusted basis starting Monday.
This marks the company’s first split in over a decade, following a surge that pushed shares above $1,100. Investors are buzzing about potential short-term gains from heightened enthusiasm, but the real question is whether this event makes Netflix a timely buy. While splits don’t alter a company’s core value, they often spotlight strong underlying performance. Not every company that splits its stock actually benefits, so let’s see if Netflix’s business warrants buying — no matter if it is before or after the split.
A Growth Engine That Shows No Signs of Slowing
One of Netflix’s standout features is its accelerating revenue growth, even as it matures in the competitive streaming landscape. In the third quarter, sales climbed 17.2% year over year, marking the strongest pace since 2023. Guidance for the fourth quarter points to a similar 16.7% increase, driven by effective monetization tactics like ad-supported tiers and global expansion.
This consistency stems from Netflix’s sticky subscriber base — viewers often stay or return due to compelling content, setting it apart from rivals that have struggled or folded. Even when they subscribe to other services, the streamer is the foundation upon which viewers build other complementary offerings.
Breaking it down regionally, the U.S. and Canada — its largest market — posted 9% growth with $4.6 billion in revenue in Q3. Europe, the Middle East, and Africa followed at 16% on a constant currency basis with $3.4 billion, while Latin America soared 27% and Asia-Pacific hit 26% on $1.17 billion and $1 billion, respectively.
This widespread performance underscores management’s savvy international strategy, crucial as non-U.S. regions now contribute over half of total revenue. With untapped markets still ahead, Netflix is positioned for sustained expansion.
A Reasonable Valuation Amid Tech Hype
Despite its premium pricing, Netflix’s stock isn’t as inflated as some AI-driven stocks. Trading at about 34 times next year’s expected earnings, it undercuts valuations of chipmaker Advanced Micro Devices (NASDAQ:AMD) at 40 times forward earnings as well as consumer staples like Costco (NASDAQ:COST), which sits at 42 times.
Netflix’s service increasingly feels essential, offering affordable entertainment that holds up during economic dips. Analysts project 11% average annual revenue growth over the next five years, supported by subscriber retention and profitability gains. This blend of growth and resilience justifies the multiple, especially compared to broader market averages.
What Stock Splits Really Signal for Investors
Stock splits themselves are cosmetic — they multiply shares outstanding while slashing the price proportionally, leaving market cap and ownership stakes unchanged. For Netflix, this means roughly 423 million shares become 4.23 billion, dropping the price to around $113. No fundamental shift occurs; it’s like slicing a pizza into more pieces without adding toppings.
Yet, splits often reflect management’s confidence in ongoing momentum, as seen in Netflix’s history. After its 2015 split, shares rose significantly, and data from Bank of America shows split-announcing companies average 25% gains in the following year — double the S&P 500‘s typical return. This enthusiasm can draw in retail investors, boosting liquidity and short-term pops, though it’s not guaranteed.
Catalysts Beyond the Split Add Appeal
Adding fuel to the bull thesis, Netflix’s content pipeline looks robust. The final season of “Stranger Things,” its third-most-watched series, rolls out in phases beginning later this month through Dec. 31, likely sparking subscriber surges as past installments did. Hits like “Frankenstein” and “Nobody Wants This,” plus NFL holiday games, broaden the service’s appeal.
These elements, combined with the potential for a $1 trillion market cap by 2030, highlight Netflix’s edge in a crowded field.
Key Takeaway
Netflix stands out as a solid long-term buy-and-hold stock, thanks to its proven growth, global reach, and resilient model — regardless of purchasing before or after the split. Date-specific buys aren’t a strategy to rely on routinely, as timing the market is tricky and often fails.
Yet scooping up shares now could capitalize on the post-split investor hype that historically lifts prices. While investors should keep their focus on its business fundamentals after the event, Netflix remains a compelling, long-term pick for patient portfolios.
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2025-11-13 11:391mo ago
2025-11-13 06:031mo ago
Unicorn Minerals Resources rockets on copper tailings and slimes project in Namibia
Unicorn Mineral Resources PLC (LSE:UMR) shares rocketed some 45%, reaching as high as 4.79p in early deals, after announcing a conditional deal to acquire a 75% interest in the Klein Aub copper mine in Namibia.
The proposed ZAR 26.5 million acquisition includes settlement of minor local liabilities and will be partly satisfied through new shares.
Unicorn said technical work on the historic mine, completed since 2020, indicates potential tailings and slimes resources totalling more than 5 million tonnes, with copper grades ranging from 0.26% to 1.34%.
"Whilst the due diligence has been time consuming and challenging, we are encouraged by the results of the tests to date, and we are confident that the Klein Aub project represents a great opportunity for Unicorn's shareholders," chair Paddy Doherty said
He added that the project could be a "stepping stone into the rest of Namibia", and other prospects are being considered.
For Klein Aub, Unicorn said its initial focus would be to evaluate environmentally friendly leaching methods for recovering copper and silver from the material, with metallurgical test work expected to complete in early 2026.
The mine sits within the Kalahari copperbelt and was one of central Namibia’s productive small-scale underground operations before closing in 1987.
2025-11-13 11:391mo ago
2025-11-13 06:061mo ago
Nissan considering car development with Honda in US, Nikkei quotes Nissan CEO as saying
Nissan Motor is considering a joint vehicle and powertrain development with Honda Motor in the United States, Nissan CEO Ivan Espinosa told the Nikkei business daily on Thursday.
2025-11-13 11:391mo ago
2025-11-13 06:081mo ago
Nebius Group Stock Looks Tempting -- but There's 1 Big Thing to Watch
This high-flying AI infrastructure company can't keep up with demand. That's a blessing -- and a curse.
Few stocks have been as hot as Nebius Group (NBIS 7.96%) in 2025. Shares of the artificial intelligence (AI) infrastructure company skyrocketed more than 5x before a recent pullback.
This high-flying AI stock looks tempting, especially for growth-oriented investors. But there's one big thing to watch with Nebius Group.
Today's Change
(
-7.96
%) $
-8.14
Current Price
$
94.08
Lots of good news for Nebius Group
You won't have a hard time finding good news related to Nebius Group. As a case in point, the company just announced its second huge contract with a major hyperscaler. Meta Platforms inked a five-year agreement with Nebius valued at roughly $3 billion. Nebius CEO Arkady Volozh implied that the deal could have been even larger, writing to shareholders that "the size of the contract was limited to the amount of capacity that we had available."
The Meta agreement follows an even bigger deal with Microsoft announced in September that's valued between $17.4 billion and $19.4 billion. Volozh said in Nebius Group's third-quarter update that the company expects revenue from the contract to begin ramping up next year.
Nebius Group doesn't have to wait for its revenue to take off, though. It reported year-over-year revenue growth of 355% in Q3. The company projects an annualized revenue run rate of $7 billion to $9 billion by the end of 2026.
Again, Nebius Group's revenue could have been even greater if it had more capacity. The company sold out all of its available capacity in Q3, just as it has done throughout 2025.
There was also good news outside of Nebius' core AI infrastructure business. The company announced that Uber Technologies is a new strategic investor in Avride, Nebius Group's autonomous driving technology subsidiary. The two companies previously signed a multi-year commercial partnership agreement in 2024.
Image source: Getty Images.
One critical thing to watch
With all of this good news for Nebius Group, there's still one critical thing to watch: the company's mounting losses. Nebius posted a net loss of $119.6 million in Q3, compared to a loss of $43.6 million in the prior year period. The company's bottom line could deteriorate further as Nebius aggressively adds capacity.
The expansion of Nebius Group's Finland data center should be completed by the end of 2025. Nebius recently announced a deployment of Nvidia B300 GPUs in the U.K. It's launching Nvidia B200 GPUs in Israel. Further scaling up of data centers in the U.K. and Israel is on the way.
Nebius is working to secure more sites in the U.S. and Europe, some with hundreds of megawatts of power. The company has the option to boost its capacity in New Jersey by hundreds of megawatts as well.
All this added capacity will be expensive. Nebius plans to use three primary sources of financing to pay for the expansion. The company will add to its debt, which already tops $4 billion. It will pursue asset-backed financing. Nebius will also issue new shares, which will lead to a dilution in the value of existing shares.
The company is currently getting the ball rolling for the last financing method. Nebius announced that it's implementing an at-the-money (ATM) equity program to sell up to 25 million Class A shares. It will be able to tap into this ATM program as needed to obtain additional capital to increase capacity.
Is Nebius Group stock a buy?
Nebius Group is well-positioned to continue growing revenue at a fast pace as long as AI demand increases. I think that's a pretty good bet. Does that mean the stock is a buy? Not necessarily.
Sooner or later, Nebius Group needs to turn a profit. The stock's valuation could also be concerning to many investors, with a trailing 12-month price-to-sales ratio of 93. However, that multiple isn't as worrisome when you factor in Nebius' rapid growth.
I don't think this stock is a great pick for every investor. It's possible that Nebius Group's growth won't be as strong as anticipated. Still, Wall Street thinks the stock has plenty of room to run. I suspect that analysts are right.
Keith Speights has positions in Meta Platforms and Microsoft. The Motley Fool has positions in and recommends Meta Platforms, Microsoft, Nvidia, and Uber Technologies. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
2025-11-13 11:391mo ago
2025-11-13 06:091mo ago
UniCredit striving to avoid nationalisation of Russia unit, CEO says
UniCredit's efforts in relation to its Russian unit consist, on one side, in trying to comply with international sanctions and, on the other, in avoiding moves that could prompt Moscow to seize the bank, CEO Andrea Orcel said on Thursday.
2025-11-13 11:391mo ago
2025-11-13 06:101mo ago
Serina Therapeutics Reports Third Quarter 2025 Financial Results and Provides Business Highlights
HUNTSVILLE, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Serina Therapeutics, Inc. (“Serina” or the "Company") (NYSE American: SER), a clinical-stage biotechnology company advancing its lead Investigational New Drug ("IND") candidate, SER-252, for advanced Parkinson's disease, enabled by its proprietary POZ Platform™ drug optimization technology, today announced its financial results for the third quarter ended September 30, 2025, along with key recent updates.
Steve Ledger, Chief Executive Officer of Serina, stated, "The FDA's alignment with our plan to advance SER-252 under a 505(b)(2) NDA pathway, and its recognition of the Phase 1b trial as registrational, represents a key milestone for Serina. This outcome underscores our regulatory and development strategy, positioning SER-252 for an accelerated path to potential approval. It also highlights the broader opportunity for our POZ platform to streamline development timelines and unlock significant value across our pipeline."
Regulatory Update: SER-252 for Advanced Parkinson’s Disease: Following a Type B meeting with the U.S. Food and Drug Administration (the "FDA") in August 2025, the FDA's written feedback supported Serina’s proposal to advance SER-252 under a 505(b)(2) NDA pathway for advanced Parkinson’s disease. On November 3, 2025, the FDA placed the IND on clinical hold pending additional information regarding a commonly used formulation excipient. The hold does not relate to the active drug substance or its mechanism of action. Serina expects the formal FDA communication within 30 days and is actively working to address the FDA’s questions to enable the initiation of the registrational study as soon as possible. Advancement of SER-270 for Tardive Dyskinesia: Serina continues to advance SER-270, its next program from the POZ Platform, designed to deliver long-acting VMAT2 inhibition for the treatment of tardive dyskinesia (TD). The Company is on track to complete formulation optimization and pre-IND activities in 2026.Secured Up to $20 Million in Funding: In September 2025, Serina entered into a convertible note and warrant financing agreement providing up to $20 million in funding, led by a member of Serina’s Board of Directors. The first $5 million tranche was drawn in September. If all warrants are issued and exercised in full, the financing could yield additional gross proceeds of up to $20 million.
Expanded Stakeholder Communications and Transparency Initiatives: In October 2025, Serina launched a comprehensive corporate communications platform to enhance stakeholder engagement and transparency. The initiative includes regular digital updates, educational content, multimedia resources, and expert commentary aimed at patients, clinicians, investors, and the scientific community.At-the-Market (ATM) Equity Program: In April 2025, Serina entered into a Capital on Demand™ Sales Agreement with JonesTrading Institutional Services LLC, under which the Company may offer and sell up to $13.3 million of common stock. As of November 7, 2025, Serina has issued 474,712 shares of common stock at a gross average price of $6.00, resulting in net proceeds of $2.8 million. Third Quarter Operating Results
Operating Expenses: Operating expenses for the three months ended September 30, 2025 and 2024 were $6.4 million and $5.3 million, respectively.
Research and Development (R&D) Expenses: R&D expenses were $3.6 million for the three months ended September 30, 2025, compared to $2.4 million for the same period in 2024. The increase of $1.2 million is primarily driven by increases in outsourced research services, consultant spend mainly for chemistry, manufacturing, and controls activities, amortization for a prepaid technology access fee and increased spend in clinical related activities. These increases were partially offset by decreases in legal patent fees for certain patent and other intellectual property and biological material assets included in Legacy Assets and salaries.
General and Administrative Expenses: General and administrative expenses were $2.7 million for the three months ended September 30, 2025, compared to $2.9 million for the same period in 2024. The net decrease of $0.2 million is due to the reduction of compensation related costs partially offset by an increase in investor outreach expenses.
Other Income, Net: Other income was $1.8 million for the three months ended September 30, 2025 compared to $6.7 million net income for the same period in 2024. The $4.9 million net decrease in income was primarily attributable to the change in fair value of liability classified warrants partially offset by a gain in warrant expirations.
Net (Loss) Income: The net loss attributable to Serina for the three months ended September 30, 2025 was $4.6 million, or $0.45 per basic and diluted share, compared to net income of $1.4 million, or $0.16 per basic share and $0.13 per diluted share for 2024.
Liquidity Information
Cash and cash equivalents totaled $8.6 million as of September 30, 2025.
About Serina Therapeutics
Serina is a clinical-stage biotechnology company developing a pipeline of wholly owned drug product candidates to treat neurological diseases and other indications. Serina’s POZ PlatformTM provides the potential to improve the integrated efficacy and safety profile of multiple modalities including small molecules, RNA-based therapeutics and antibody-based drug conjugates (ADCs). Serina is headquartered in Huntsville, Alabama on the campus of the HudsonAlpha Institute of Biotechnology.
About the POZ Platform™
Serina’s proprietary POZ technology is based on a synthetic, water soluble, low viscosity polymer called poly(2-oxazoline). Serina’s POZ technology is engineered to provide greater control in drug loading and more precision in the rate of release of attached drugs delivered via subcutaneous injection. The therapeutic agents in Serina’s product candidates are typically well-understood and marketed drugs that are effective but are limited by pharmacokinetic profiles that can include toxicity, side effects and short half-life. Serina believes that by using POZ technology, drugs with narrow therapeutic windows can be designed to maintain more desirable and stable levels in the blood.
Serina’s POZ platform delivery technology has potential for use across a broad range of payloads and indications. Serina intends to advance additional applications of the POZ platform via out-licensing, co-development, or other partnership arrangements, including the non-exclusive license agreement with Pfizer, Inc. to use Serina’s POZ polymer technology for use in lipid nanoparticle drug (LNP) delivery formulations.
About SER-252 (POZ-apomorphine)
SER 252 is an investigational apomorphine therapy developed with Serina’s POZ platform and designed to provide continuous dopaminergic stimulation (CDS). CDS has been shown to reduce the severity of levodopa-related motor complications (dyskinesia) in Parkinson’s disease. Preclinical studies support the potential of SER 252 to provide CDS without skin reactions. Serina plans to advance SER 252 to clinical testing in 2025.
SER-252 Registrational Study Design Overview
The SER-252-1b study is a randomized, double-blind, placebo-controlled Phase 1b trial with single-ascending-dose (five cohorts of eight; n=40) and multiple-ascending-dose components (up to three cohorts of sixteen; n=48) in adults with Parkinson’s disease and motor fluctuations. The registrational study is designed to evaluate safety, tolerability, and pharmacokinetics of subcutaneous SER-252 versus placebo, with exploratory efficacy measures that include MDS-UPDRS motor scores and structured motor-state assessments. Dose escalation will be overseen by a Safety Review Committee and the study will be conducted across sites in the U.S. and Australia.
About SER-270 (POZ-VMAT2i)
SER-270 is an investigational once-weekly VMAT2 inhibitor developed with Serina’s POZ platform to address adherence and access challenges in tardive dyskinesia. TD is a disabling movement disorder often caused by long-term exposure to antipsychotic medications. The subcutaneous formulation of SER-270 is designed for patients on long-acting injectable antipsychotics, those with dysphagia, and institutionalized populations and other patients with challenged adherence. Serina is also exploring development in Huntington’s disease chorea.
For more information, please visit https://serinatx.com.
References in this Report to “Serina,” “the Company,” “we” or “us” refer to Serina Therapeutics, Inc.
This release contains forward-looking statements within the meaning of federal securities laws. Any statements that are not historical fact (including, but not limited to statements that contain words such as “may,” “will,” “believes,” “plans,” “intends,” “anticipates,” “expects,” “estimates”) should also be considered to be forward-looking statements. Additional factors that could cause actual results to differ materially from the results anticipated in these forward-looking statements are contained in Serina’s periodic reports filed with the Securities and Exchange Commission (the “SEC”) under the heading “Risk Factors” and other filings that Serina may make with the SEC. Undue reliance should not be placed on these forward-looking statements which speak only as of the date they are made, and the facts and assumptions underlying these statements may change. Except as required by law, Serina disclaims any intent or obligation to update these forward-looking statements. These statements are based on management’s current expectations, plans, beliefs or forecasts for the future, and are subject to uncertainty and changes in circumstances. Any express or implied statements in this press release that are not statements of historical fact, including statements about the potential of Serina’s POZ polymer technology, Serina’s estimates regarding future revenue, expenses, capital requirements and need for additional financing, and Serina’s planned clinical programs, including planned clinical trials, are forward-looking statements that involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Risks and uncertainties include, among other things, the timing and extent of the FDA's clinical-hold letter and of Serina's response, the uncertainties inherent in research and development, including the ability to meet anticipated clinical endpoints, commencement and/or completion dates for clinical trials, regulatory submission dates, regulatory approval dates and/or launch dates, as well as the possibility of unfavorable new clinical data and further analyses of existing clinical data; Serina’s ability to continue as a going concern; the risk that clinical trial data are subject to differing interpretations and assessments by regulatory authorities; whether regulatory authorities will be satisfied with the design of and results from our clinical studies; whether and when any applications may be filed for any drug or vaccine candidates in any jurisdictions; whether and when regulatory authorities may approve any potential applications that may be filed for any drug or vaccine candidates in any jurisdictions, which will depend on a myriad of factors, including making a determination as to whether the product’s benefits outweigh its known risks and determination of the product’s efficacy and, if approved, whether any such drug or vaccine candidates will be commercially successful; decisions by regulatory authorities impacting labeling, manufacturing processes, safety and/or other matters that could affect the availability or commercial potential of any drug or vaccine candidates; and competitive developments. These risks as well as other risks are more fully discussed in the company’s Annual Report on Form 10-K for the year ended December 31, 2024, and the company’s other periodic reports and documents filed from time to time with the SEC. The information contained in this release is as of the date hereof, and Serina assumes no obligation to update forward-looking statements contained in this release as the result of new information or future events or developments.
SERINA THERAPEUTICS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(Unaudited)
September 30, 2025 December 31, 2024 ASSETS Current assets: Cash and cash equivalents $8,620 $3,672 Prepaid expenses and other current assets 2,877 2,004 Total current assets 11,497 5,676 Property and equipment, net 580 501 Right of use assets - operating leases 312 461 Right of use assets - finance leases — 86 Other long-term prepaid assets 24 — TOTAL ASSETS $12,413 $6,724 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $2,731 $744 Accrued expenses 1,144 1,429 Warrant liability 1,676 — Convertible Note, net 2,888 — Other current liabilities 350 193 Total current liabilities 8,789 2,366 Warrant liability, non-current 1,882 3,582 Operating lease liabilities, net of current portion 148 268 Total liabilities 10,819 6,216 Total stockholders’ equity 1,594 508 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $12,413 $6,724
SERINA THERAPEUTICS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
(unaudited)
Three months ended
September 30, Nine months ended
September 30, 2025 2024 2025 2024 REVENUES Grant revenues $— $14 $130 $70 Total revenues — 14 130 70 OPERATING EXPENSES Research and development 3,651 2,415 9,754 5,115 General and administrative 2,741 2,911 8,191 6,454 Total operating expenses 6,392 5,326 17,945 11,569 Loss from operations (6,392) (5,312) (17,815) (11,499) OTHER (EXPENSE) INCOME, NET Interest expense (6) (16) (15) (509)Change in fair value of convertible promissory notes — — — (7,017)Change in fair value of warrants 1,044 6,669 1,076 10,385 Gain on warrants expiration 724 — 724 — Other income, net 35 42 151 185 Total other income, net 1,797 6,695 1,936 3,044 NET (LOSS) INCOME (4,595) 1,383 (15,879) (8,455)Net loss attributable to noncontrolling interest 10 27 33 54 NET (LOSS) INCOME ATTRIBUTABLE TO SERINA THERAPEUTICS, INC. $(4,585) $1,410 $(15,846) $(8,401) NET (LOSS) INCOME PER COMMON SHARE: BASIC $(0.45) $0.16 $(1.60) $(1.24)DILUTED $(0.45) $0.13 $(1.60) $(1.24) WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING: BASIC 10,339 8,851 10,032 6,774 DILUTED 10,339 10,751 10,032 6,774
SERINA THERAPEUTICS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
(unaudited)
Nine months ended
September 30, 2025 2024 Net cash used in operating activities $(11,922) $(12,548)Net cash used in investing activities (59) (17)Net cash provided by financing activities 16,931 8,181 Effect of foreign currency on cash (2) — NET CHANGE IN CASH AND CASH EQUIVALENTS 4,948 (4,384) CASH AND CASH EQUIVALENTS: At beginning of the period 3,672 7,619 At end of the period $8,620 $3,235
2025-11-13 11:391mo ago
2025-11-13 06:111mo ago
New Strong Buy Stocks for Nov. 13: PODD, PRAA, and More
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Preferred Bank (PFBC - Free Report) : This banking products and services company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.
Weatherford International plc (WFRD - Free Report) : This energy services company has seen the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.
Insulet Corporation (PODD - Free Report) : This insulin delivery systems company has seen the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.
PRA Group, Inc. (PRAA - Free Report) : This financial services company has seen the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.
Alexander’s, Inc. (ALX - Free Report) : This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Good morning, and welcome to the presentation of NORBIT's Third Quarter Results. It's a privilege to be allowed to present the result of what our dedicated colleagues has achieved. As you will see, after the first 9 months of the year, we're delivering revenues at par with what we did for the full year last year and with nearly a doubling of the result. For us, this is encouraging and helps us to go to work every day and ensure that we deliver on the expectations our customers has.
So then let's dive into the numbers. As you see, Q3, as always, is somewhat weaker than the other quarters. Still, Q3 2024 is the best Q3 ever for NORBIT. So we came in with revenues on NOK 505 million, and -- which is a 36% increase from last year with a margin of 15%, giving NOK 75 million in EBIT.
And as I already said, for the first 9 months of the year, we are delivering at par of what we did for the full year last year, NOK 1.7 billion, up 43%. It's growth in all 3 business segments. with an EBIT of NOK 377 million, which is 92% higher than what we had for the same period last year. That represents a margin of 22%.
Some other events, we've announced some new contracts in the PIR segment towards the Defense and Security sector, it's NOK 120 million contract. And I think in that announcement, we also said that we have had accumulated smaller orders, which also summed up to NOK 100 million.
Yesterday, our
2025-11-13 11:391mo ago
2025-11-13 06:151mo ago
Alarm.com Introduces AI-Powered ADC-V730 Wi-Fi Spotlight Camera with Proactive Deterrence
Alarm.com's new Wi-Fi spotlight camera delivers vivid 4MP video with color night vision and proactive threat prevention
TYSONS, Va.--(BUSINESS WIRE)--Alarm.com (Nasdaq: ALRM), the leading platform for intelligently connected properties, launches the ADC-V730, the company's first Wi-Fi spotlight camera. The V730 combines vivid 4MP video resolution with spotlight-enabled color night vision and proactive deterrence features to create a first line of defense against unwanted activity.
Built-in Video Analytics on the V730 detect people, animals, or vehicles, triggering the integrated spotlight to automatically illuminate the area while activating Perimeter Guard® and AI Deterrence (AID) protocols. AID delivers AI-generated verbal responses that give the impression of live monitoring to deter threats in real-time.
"The V730 combines our most advanced video capabilities with intelligent deterrence in a single, easy-to-deploy solution," said Dan Kerzner, President of Platforms Business at Alarm.com. "This camera gives our service providers a powerful tool that customers can immediately see and appreciate—vivid 4MP video, color night vision, and AI-powered deterrence that works around the clock."
Proactive Technology That Works
The V730 delivers focused protection where it matters most. When Perimeter Guard® detects potential threats, the camera's LED flashes while the loudspeaker delivers automated warnings or enables manual talk-down communication. Combined with AID and the camera's 129° horizontal field of view for comprehensive coverage, this approach provides multiple layers of protection.
Streamlined Deployment for Service Providers
For service providers, the V730 delivers operational advantages that improve the technician experience. Bluetooth® Enrollment technology allows technicians to connect cameras quickly from mobile devices, supporting saved networks with active error handling. This streamlined process enables faster installations, more time with the customer, and fewer service callbacks while also supporting DIY customers who prefer self-installation.
Professional-Grade Performance
The V730 features dual-band Wi-Fi connectivity for flexible placement, two-way audio for real-time interaction, and microSD recording compatibility supporting cards up to 1TB for continuous 24/7 recording. NDAA-compliant construction ensures compatibility with commercial and government installations, while integration with Alarm.com's professionally monitored infrastructure enables Visual Verification of Intrusion Alarms and Proactive Remote Video Monitoring services.
The ADC-V730 is available now through Alarm.com service providers across North America and will be coming to international providers soon. For more information about the ADC-V730 and Alarm.com's complete video security ecosystem, visit www.alarm.com.
About Alarm.com
Alarm.com is the leading platform for intelligently connected properties. Millions of homeowners and businesses rely on Alarm.com’s technology to secure, monitor, and manage their environments from anywhere. Our comprehensive suite of solutions—including security, video surveillance, access control, active shooter detection, intelligent automation, energy management, and wellness—is delivered exclusively through a trusted network of thousands of professional service providers and commercial integrators across North America and worldwide. Alarm.com’s common stock is traded on Nasdaq under the ticker symbol ALRM. Alarm.com delivers serious security for serious people. To learn more, visit www.alarm.com.
More News From Alarm.com Holdings, Inc.
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2025-11-13 11:391mo ago
2025-11-13 06:161mo ago
Baidu Unveils New AI Chips as China Accelerates Tech Self-Sufficiency Efforts
Baidu unveiled two artificial intelligence chips as Chinese tech giants ramp up their chip-making efforts amid China's push for technological self-sufficiency.
2025-11-13 11:391mo ago
2025-11-13 06:191mo ago
Dorchester Minerals: Double-Digit Dividend Yield, Zero Debt, And Big Upside Potential
SummaryDorchester Minerals remains a buy, supported by a debt-free balance sheet, strong fundamentals, and a ~12% dividend yield.DMLP's solid cash flows and conservative financial structure position it well, despite recent earnings declines due to lower oil prices and higher non-cash expenses.Macro catalysts, including OPEC's latest moves, Russian sanctions, and potential US rate cuts, could drive oil price recovery and benefit DMLP's future growth.Risks persist if DMLP's valuation declines further, but the company is also ready to capitalize on higher valuations and expansion opportunities. John Drost/iStock via Getty Images
Introduction Back when I last covered Dorchester Minerals (DMLP), I pointed out how their strong financial health, low valuation, and attractive dividend yield, with their DMLP's multi-basin acquisitions and debt-free balance sheet, position them well to
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in DMLP over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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Shutdown Ends, but Missing Data Clouds Fed Outlook as Cisco Surges on AI Earnings Beat
For a business built on orthopaedics and wound care, Smith & Nephew PLC (LSE:SN) has given investors a fair bit of whiplash.
Its third-quarter update sent the shares down about 10% after organic revenue growth came in weaker than hoped and, crucially, slowed from the second quarter despite earlier guidance that it would accelerate.
UBS says the numbers were not disastrous in themselves, but sentiment had run ahead of reality and a cluster of headwinds now threatens to slow margin progress next year.
The broker still thinks the company can manage 4–5% revenue growth and eventually lift margins towards 21%.
Even so, it sees some risk to 2026 expectations and argues the shares now sit roughly where they should, trading close to their three to five-year average relative to the wider medical devices sector.
Attention turns to the Capital Markets Day in London on 8 December. Investors are hoping for a fresh mid-term guidance range, probably centred on mid-single digit organic revenue growth and a return to operating margins above 22%, the level seen before the pandemic.
UBS cautions that any bolder revenue ambition would likely be viewed with scepticism, so a measured approach could land better. For 2026, its own model assumes 4% organic growth and a modest 40 basis-point margin lift.
Forecast tweaks are minor. Revenue estimates for 2025 to 2029 are largely unchanged, while margins for 2025 rise on the back of management’s comments, pushing adjusted operating profit up by 3%.
Forecasts ease slightly for 2026 and 2027, although expected cost savings later in the decade lift outer-year numbers. A recently announced $500 million buyback, followed by $250 million a year thereafter, nudges adjusted earnings per share up by 5–10%.
UBS has inched its valuation up to £12.90 from £12.50, based on a discounted cash flow model. That implies about 15 times 2026 earnings, a discount of 15–20% to the sector and in line with historical norms.
With only a sliver of upside to its target price, the 'neutral' rating stays put.
2025-11-13 11:391mo ago
2025-11-13 06:241mo ago
Persimmon sales hold up despite softer market, analysts say sector due re-rating
Persimmon PLC (LSE:PSN) shares rose 3% to 1,270p after the housebuilder reported steady trading momentum in the past quarter, despite some softening in the wider market.
A private sales rate of 0.63 per outlet per week was reported for the quarter to 30 September, excluding bulk sales, up 3% year on year.
Total weekly sales increased 14% to 208, supported by an expanded outlet base and broad UK coverage.
The company said: “This progress has been achieved despite some softening in the market since the summer, with consumer confidence affected by ongoing uncertainties including the upcoming government budget.”
Persimmon expects to deliver full-year results in line with market expectations, projecting year-end net cash between £0 million and £200 million. The City consensus is for £103 million of cash, down from £259 million at the end of 2024.
Management noted that the business is “well positioned” to build margins and returns over the medium term, even amid affordability pressures.
Analysts at Stifel said Persimmon was still their “top pick”, citing its focus on the north of England and first-time buyers, as well as limited fire safety remediation exposure.
They forecast 2025 pre-tax profit of about £430 million, up 8% on 2024, supported by easing mortgage rates and resilient housing demand, while the average City forecast is for £429 million.
"Housebuilders' sales rates are likely holding up better than feared because amid the Budget gloom, mortgage rates have been falling, from 4.5% in May to 4.2% by September.
"Banks have also been relaxing lending criteria with the government's encouragement."
The Stifel team notes that both Persimmon's and the sector's current valuations are unusually low and "not normally seen outside of recessions", so beleive the sector is "well set for a re-rating as strong housing fundamentals eventually outweigh the weak confidence of house buyers and investors, with the Budget potentially a clearing event (though this remains uncertain)".
2025-11-13 11:391mo ago
2025-11-13 06:301mo ago
Zura Bio Reports Third Quarter 2025 Financial Results and Recent Corporate Updates
HENDERSON, Nev.--(BUSINESS WIRE)---- $ZURA #TeamZura--Zura Bio Limited (Nasdaq: ZURA) (“Zura Bio” or the “Company”), a clinical-stage, multi-asset immunology company developing novel dual-pathway antibodies for autoimmune and inflammatory diseases, today reported financial results for the third quarter ended September 30, 2025, and provided recent corporate and pipeline updates. “Both tibulizumab studies advanced during the quarter,” said Kiran Nistala, MBBS, PhD, Chief Medical Officer and Head of Development at Z.
2025-11-13 11:391mo ago
2025-11-13 06:301mo ago
Henry Schein to Participate in Upcoming Investor Conference in December
MELVILLE, N.Y.--(BUSINESS WIRE)--Henry Schein, Inc., (Nasdaq: HSIC) the world’s largest provider of health care solutions to office-based dental and medical practitioners, announced today that the Company will present at the following investor conference in December:
Piper Sandler’s Healthcare Conference at the Lotte New York Palace Hotel, New York, on December 2, 2025, at 9:00 a.m. Eastern time.
Henry Schein’s presentations can be heard via live webcast by visiting www.henryschein.com/IRwebcasts. Replays will be available on the Henry Schein website following the presentations.
About Henry Schein, Inc.
Henry Schein, Inc. (Nasdaq: HSIC) is a solutions company for health care professionals powered by a network of people and technology. With more than 25,000 Team Schein Members worldwide, the Company's network of trusted advisors provides more than 1 million customers globally with more than 300 valued solutions that help improve operational success and clinical outcomes. Our Business, Clinical, Technology and Supply Chain solutions help office-based dental and medical practitioners work more efficiently so they can provide quality care more effectively. These solutions also support dental laboratories, government and institutional health care clinics, as well as other alternate care sites.
Henry Schein operates through a centralized and automated distribution network, with a selection of more than 300,000 branded products and Henry Schein corporate brand products in our main distribution centers.
A FORTUNE 500 Company and a member of the S&P 500® index, Henry Schein is headquartered in Melville, N.Y., and has operations or affiliates in 33 countries and territories. The Company's sales reached $12.7 billion in 2024, and have grown at a compound annual rate of approximately 11.2 percent since Henry Schein became a public company in 1995.
For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein, Instagram.com/HenrySchein, LinkedIn.com/Company/HenrySchein, and @HenrySchein on X.