Original source text
The videogame retailer's net income came within the forecast range it had given last month. Live financial news intelligence
Track market-moving stories before they get noisy
Real-time pulse of financial headlines curated from 5 premium feeds.
Latest market signal
English
Cryptocurrencies
BTC
7,373
ETH
4,875
XRP
3,294
SOL
3,000
HYPE
1,765
USDC
1,593
Commodities
GOLD
560
SILVER
299
OIL
104
PLATINUM
14
PALLADIUM
4
COPPER
3
- FMP Stock News 55s ago
- FMP Forex News 3m ago
- CoinGecko News 55s ago
- FIO Stock News 3m ago
- Patria Stock News 3m ago
- Editorial rewrite 55s ago
- Asset sync 2m ago
Latest coverage
Market News Feed
Scan headlines quickly, then expand any story for source context.
| Details | Date | Content | Source |
|---|---|---|---|
|
Saved
2026-09-09 09:25
1d ago
Published
2026-09-08 10:03
2d ago
|
GameStop Profit Rises, Boosts Full Year Outlook | FMP Stock News | |
|
|
|||
|
Saved
2026-09-09 09:25
1d ago
Published
2026-09-08 14:00
1d ago
|
GME & EBAY Saga "Not Over:" Lisa Martin on Acquisition Talks, Earnings | FMP Stock News | |
|
Original source text
Lisa Martin helps investors explain why GameStop (GME) had its best second quarter, per its preliminary earnings, on record despite concerns of slowing growth. Her big question for GameStop: what is the company becoming? |
|||
|
Saved
2026-09-09 09:25
1d ago
Published
2026-09-09 01:18
1d ago
|
A GameStop Insider Buys Company Shares Worth $1 Million on the Day the Retailer Reported Earnings | FMP Stock News | |
|
Original source text
Board of Directors member Lawrence Cheng reported a purchase of 55,000 shares of GameStop Corp. (GME -1.41%) in an SEC Form 4 filing dated September 8, 2026.Transaction summaryMetricValueTransaction value$1.0 millionShares purchased (indirectly held)55,000Post-transaction shares (indirectly held)143,000Post-transaction value$2.70 millionTransaction value based on SEC Form 4 weighted average purchase price ($18.80); post-transaction value based on September 08, 2026 market close ($18.89). Key questionsWhat does the 62% trade size relative to prior holdings suggest? The transaction substantially expands the director's exposure through Cheng Capital LLC, moving the total position from 88,000 shares to 143,000 shares. This represents a concentrated increase in equity risk by the reporting owner.How does the transaction price compare to recent market levels? Lawrence Cheng executed the purchase at $18.80 per share, slightly below the $18.89 market close on the same day. As of the September 8, 2026 market close, the stock was priced at $19.37.What is the nature of the insider's equity position? The entirety of the reported position is held indirectly through Cheng Capital LLC. After the transaction, the insider's ownership percentage of the specialty retailer is 0.0319%.Does the filing include any derivative activity? The filing was restricted to the acquisition of Class A Common Stock. There was no reporting of stock options, restricted stock units, or other derivative instruments in this specific transaction.Company OverviewMetricValueShare Price (as of market close 2026-09-08)$19.37Market Capitalization$8.7 billionRevenue (TTM)$3.6 billionNet Income (TTM)$893.3 millionCompany SnapshotGameStop Corp. operates as a specialty retailer offering new and pre-owned video game consoles, gaming software, accessories including controllers and headsets, virtual reality equipment, as well as collectibles and other entertainment products across physical stores and online platforms in the United States, Canada, Australia, and Europe.The company generates revenue through the sale of collectibles, gaming hardware, software, and accessories across its omnichannel retail network, leveraging both e-commerce capabilities and brick-and-mortar locations to serve collectors, gaming enthusiasts and casual consumers.GameStop's primary customer base consists of hobbyists and collectors, video game enthusiasts, console gamers, and entertainment consumers seeking both new releases and pre-owned products, with a focus on the mass-market collectibles and gaming demographic across developed markets.GameStop Corp. operates as a prominent specialty retailer in the consumer cyclical sector with a market cap of $8.7 billion. The company maintains a diversified product portfolio spanning collectibles, gaming hardware, software, and accessories, positioning itself as a destination retailer for specialty and entertainment products across multiple geographic markets. With trailing 12-month revenue of $3.6 billion, GameStop demonstrates substantial scale within the specialty retail segment, though the company has experienced a one-year share price decline of 18.65% reflecting broader market dynamics in the retail sector. What this transaction means for investorsThe Sept. 8 purchase of GameStop shares by Board of Directors member Lawrence Cheng signals his strong confidence in the stock, considering he increased his stake by a whopping 62%. He bought on the same day the company announced earnings results for its fiscal second quarter ended Aug. 1. GameStop stock dropped on Sept. 8, and Cheng scooped up 55,000 shares for $18.80 per share. That's near the stock's 52-week low of $17.79 reached in August. GameStop shares are down because the company reported fiscal Q2 sales of $790.2 million, a steep decline from the prior year's $972.2 million. Revenue fell due to store closures and the divestiture of its operations in France. Perhaps Cheng's bullish outlook is because the company's shift toward a collectibles business is succeeding. GameStop's Q2 collectibles revenue reached $356.3 million compared to $227.6 million in the previous year. The company also raised its full-year outlook. Moreover, news reports suggest GameStop's attempt to acquire eBay has transitioned towards a potential partnership instead, with the e-commerce giant possibly using GameStop's physical stores as a new channel to sell products. Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends eBay. The Motley Fool has a disclosure policy. |
|||
|
Saved
2026-09-09 09:25
1d ago
Published
2026-09-08 16:30
1d ago
|
AMC Theatres to Present an Exclusive Live Broadcast of Epic Games' 2026 Rocket League World Championship Finals at 50 Locations Nationwide | FMP Stock News | |
|
Original source text
-For the first time ever, fans can watch the world’s best Rocket League teams compete for a $1.2 million prize pool on the big screen at select AMC locations on September 20 Attendees will receive a commemorative Rocket League ticket with a code to redeem in-game cosmetics Tickets are on sale now for the approximately eight-hour live event LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres® (NYSE: AMC), the largest theatrical exhibitor in the United States and the world, today announced an AMC-exclusive live broadcast of the 2026 Rocket League World Championship Finals at 50 AMC theatres nationwide. On Sunday, September 20, fans at 50 select AMC locations across the United States will be able to watch the championship Finals streamed live from Dickies Arena in Fort Worth, Texas, where the world's top Rocket League teams compete for a share of the tournament's $1.2 million prize pool and the opportunity to be crowned Rocket League World Champions. This final day of competition will determine the 2026 World Champions in one of esports’ most popular and fast-paced games. Tickets are on sale now at participating AMC locations – 2026 Rocket League World Championship at AMC Theatres. The event is expected to screen for approximately eight hours and will conclude with the crowning of the 2026 Rocket League World Champions. In addition to experiencing the event on the big screen, all attendees will receive a commemorative Rocket League ticket that has codes to redeem drops you would earn by watching on Twitch. “Such a big part of the magic of movie theatres is their ability to bring people together for unforgettable shared experiences, and a live event like the Rocket League World Championship is a great example of that," said Ellen Copaken, SVP, Business Development, AMC Theatres. "We're excited to give fans the opportunity to watch esports' biggest stage unfold live on massive screens, surrounded by fellow Rocket League fans.” A list of participating AMC locations is below. For tickets, visit AMCTheatres.com or the AMC mobile app. Atlanta AMC Southlake 24 AMC Sugarloaf Mills 18 Baltimore AMC Owings Mills 17 Boston AMC Methuen 20 Charlotte AMC Carolina Pavilion 22 AMC Concord Mills 24 Chicago AMC Crestwood 18 AMC South Barrington 24 AMC Village Crossing 18 Columbus AMC Dublin Village 18 Dallas AMC Mesquite 30 AMC Stonebriar Mall 24 Denver AMC Highlands Ranch 24 AMC Westminster Promenade 24 Houston AMC Fountains 18 AMC Gulf Pointe 30 AMC Willowbrook 24 Indianapolis AMC Castleton Square 14 AMC Indianapolis 17 Jacksonville AMC Orange Park 24 AMC Regency 24 Kansas City AMC Barrywoods 24 Las Vegas AMC Rainbow Promenade 10 AMC Town Square 18 Los Angeles AMC Burbank 16 AMC DINE-IN Ontario Mills 30 AMC Orange 30 AMC Rolling Hills 20 Miami AMC Aventura Mall 24 Minneapolis AMC Eden Prairie Mall 18 Nashville AMC Thoroughbred 20 New York AMC Garden State Plaza 16 AMC Jersey Gardens 20 AMC Kips Bay 15 Oklahoma City AMC Quail Springs Mall 24 Orlando AMC DINE-IN Disney Springs 24 Philadelphia AMC Cherry Hill 24 AMC Neshaminy 24 Phoenix AMC Ahwatukee 24 AMC Deer Valley 17 Pittsburgh AMC Waterfront 22 Sacramento AMC Manteca 16 San Diego AMC Fashion Valley 18 San Francisco AMC Bay Street 16 AMC Mercado 20 Seattle AMC Southcenter 16 Tampa AMC Highwoods 20 AMC Woodlands Square 20 Washington, DC AMC DINE-IN Rio Cinemas 18 AMC Hoffman Center 22 ABOUT AMC ENTERTAINMENT HOLDINGS, INC. AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 850 theatres and 9,600 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, website, and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. For more information, visit amctheatres.com. More News From AMC Entertainment Holdings, Inc. Back to Newsroom |
|||
|
Saved
2026-09-09 09:25
1d ago
Published
2026-09-08 18:46
1d ago
|
BlackBerry (BB) Increases Despite Market Slip: Here's What You Need to Know | FMP Stock News | |
|
Original source text
BlackBerry (BB - Free Report) ended the recent trading session at $7.87, demonstrating a +2.21% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.58%. Elsewhere, the Dow lost 1.18%, while the tech-heavy Nasdaq lost 0.32%.The stock of cybersecurity software and services company has fallen by 12.8% in the past month, lagging the Computer and Technology sector's gain of 0.12% and the S&P 500's loss of 0.36%. Analysts and investors alike will be keeping a close eye on the performance of BlackBerry in its upcoming earnings disclosure. The company's earnings report is set to go public on September 24, 2026. The company is expected to report EPS of $0.04, unchanged from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $143 million, up 10.34% from the prior-year quarter. BB's full-year Zacks Consensus Estimates are calling for earnings of $0.17 per share and revenue of $612.37 million. These results would represent year-over-year changes of +6.25% and +11.52%, respectively. Investors should also pay attention to any latest changes in analyst estimates for BlackBerry. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. BlackBerry currently has a Zacks Rank of #3 (Hold). With respect to valuation, BlackBerry is currently being traded at a Forward P/E ratio of 45.29. This expresses a premium compared to the average Forward P/E of 20.46 of its industry. The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 84, placing it within the top 35% of over 250 industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. |
|||
|
Saved
2026-09-09 09:25
1d ago
Published
2026-09-08 09:00
2d ago
|
IMDELLTRA® IN COMBINATION WITH IMFINZI® DEMONSTRATED LANDMARK IMPROVEMENT IN OVERALL SURVIVAL IN FIRST-LINE EXTENSIVE STAGE SMALL CELL LUNG CANCER | FMP Stock News | |
|
Original source text
Phase 3 DeLLphi-305 Study Delivered Highly Significant and Clinically Meaningful Overall Survival Benefit Versus Durvalumab AloneStudy Also Met Secondary Progression-Free Survival and Objective Response Rate Endpoints , /PRNewswire/ -- Amgen (NASDAQ: AMGN) today announced landmark results from the Phase 3 DeLLphi-305 study, which met its primary endpoint at a pre-specified interim analysis, demonstrating a statistically significant and clinically meaningful improvement in overall survival with IMDELLTRA® (tarlatamab-dlle) in combination with AstraZeneca's Imfinzi® (durvalumab) compared to durvalumab alone. This study tested IMDELLTRA as a first-line maintenance treatment for people with extensive stage small cell lung cancer (ES-SCLC) whose disease had not progressed following initial treatment with durvalumab, platinum-based chemotherapy and etoposide. The study also demonstrated a statistically significant and clinically meaningful improvement in progression-free survival (PFS) and objective response rate (ORR) among patients treated with IMDELLTRA in combination with durvalumab. Overall, the safety profile of IMDELLTRA in combination with durvalumab was consistent with the known safety profiles of the individual medicines. No new or unexpected safety signals were identified in DeLLphi-305. The study design included monitoring in a healthcare setting for 1 to 2 hours (6 to 8 hours in certain regions including Europe) following IMDELLTRA infusion on Cycle 1 Day 1 and Cycle 1 Day 8. "IMDELLTRA has already revolutionized the standard of survival for patients with extensive stage small cell lung cancer whose disease progressed on or after prior treatment. These landmark results from DeLLphi-305 suggest IMDELLTRA will further revolutionize the standard for survival earlier in the treatment journey and meaningfully shift the treatment paradigm for people facing this devastating disease," said Jay Bradner, M.D., executive vice president, Research and Development, Artificial Intelligence and Data at Amgen. "Despite clinical advances, extensive stage small cell lung cancer remains one of the most aggressive and difficult-to-treat cancers, and substantial improvements in survival are rare, underscoring the importance of these findings." This marks the first Phase 3 study including a Bispecific T-cell Engager (BiTE®) therapy to demonstrate an overall survival benefit in the first-line maintenance setting for ES-SCLC. "Given the aggressive nature of small cell lung cancer, many patients quickly relapse on current therapy and never reach second-line treatment. These patients do not have time to wait, making substantial progress in the first-line setting critically important," said Jacob Sands, MD, Associate Chief of the Lowe Center for Thoracic Oncology at Dana-Farber Cancer Institute. "In my career treating people with extensive stage small cell lung cancer, these are among the most compelling survival results I have seen, indicating the potential to reshape the natural history of small cell lung cancer. DeLLphi-305 represents an unprecedented milestone and suggests we may be entering a new era where meaningfully longer survival is possible for more patients." Following the U.S. Food and Drug Administration (FDA) approval of IMDELLTRA for adults with ES-SCLC whose disease has progressed on or after platinum-based chemotherapy, the robust global DeLLphi clinical trial program has continued to evaluate its potential across earlier stages of disease and lines of treatment, both as a monotherapy and in combination regimens. Building on the DeLLphi-303 trial, which showed very encouraging efficacy and tolerability results for IMDELLTRA in combination with anti-PD-L1 checkpoint inhibitors in the treatment of first-line ES-SCLC, DeLLphi-305 was designed to evaluate IMDELLTRA earlier in the course of disease, where more patients with SCLC may have the opportunity to benefit. SCLC is one of the most aggressive forms of lung cancer, accounting for approximately 13-15% of the more than 2.6 million lung cancer cases diagnosed worldwide each year.1-3 Despite advances in the treatment of ES-SCLC, outcomes remain poor, with a median survival of approximately one year from the start of first-line maintenance treatment and only about 40% of patients receiving second-line therapy.4-7 Amgen plans to present detailed data from DeLLphi-305 at an upcoming international medical congress and share it with regulatory authorities. About the Phase 3 DeLLphi-305 Study The DeLLphi-305 trial is sponsored by Amgen, with partial funding and durvalumab provided by AstraZeneca. It is a global Phase 3, randomized, open-label clinical trial evaluating the efficacy and safety of IMDELLTRA in combination with durvalumab compared to durvalumab alone as first-line maintenance treatment for patients with ES-SCLC who had not progressed following treatment with durvalumab, platinum-based chemotherapy and etoposide. Five hundred and sixty-three patients who completed initial treatment with durvalumab, platinum-based chemotherapy and etoposide were randomized 1:1 to receive either IMDELLTRA in combination with durvalumab or durvalumab alone until progression or unacceptable toxicity. Following IMDELLTRA infusion on Cycle 1 Day 1 and Cycle 1 Day 8, patients were monitored in a healthcare setting for 1 to 2 hours (6 to 8 hours in certain regions including Europe). The trial included patients with both treated and untreated asymptomatic brain metastases at baseline. The primary outcome measure of the trial is OS. Secondary endpoints include progression-free survival (PFS) and objective response rate (ORR).8 About Tarlatamab Clinical Trials Tarlatamab is being investigated in multiple studies including DeLLphi-303, a Phase 1b study investigating tarlatamab in combination with standard-of-care (SOC) therapies in first-line ES-SCLC; DeLLphi-304, a randomized Phase 3 study comparing tarlatamab monotherapy with SOC chemotherapy in second-line treatment of SCLC; DeLLphi-305, a randomized Phase 3 study comparing tarlatamab in combination with durvalumab vs. durvalumab alone as first-line maintenance treatment in ES-SCLC; DeLLphi-306, a randomized placebo-controlled Phase 3 study of tarlatamab following concurrent chemoradiotherapy in limited-stage SCLC; DeLLphi-308, a Phase 1b study evaluating subcutaneous tarlatamab in second-line or later ES-SCLC; DeLLphi-309, a Phase 2 study evaluating alternative intravenous dosing regimens with tarlatamab in second-line ES-SCLC; DeLLphi-310, a Phase 1b study of tarlatamab in combination with YL201 with or without durvalumab in patients with ES-SCLC; DeLLphi-311, a Phase 1b study of tarlatamab in combination with etakafusp alfa (AB248), a novel CD8+ T-cell selective interleukin-2 (IL-2), in patients with ES-SCLC; DeLLphi-312, a randomized Phase 3 study evaluating tarlatamab in combination with durvalumab, carboplatin and etoposide as an induction and maintenance therapy in first-line treatment of ES-SCLC; DeLLphi-313, a Phase 1b study of tarlatamab in combination with zocilurtatug pelitecan, a DLL3 targeting antibody drug conjugate, with and without durvalumab in patients with ES-SCLC, and DeLLphi-315, a Phase 3 study of subcutaneous tarlatamab in patients with second-line ES-SCLC.9 For more information, please visit www.tarlatamabclinicaltrials.com. About IMDELLTRA® (tarlatamab-dlle) IMDELLTRA is a first-in-class targeted immunotherapy engineered by Amgen researchers to bind to both DLL3 on tumor cells and CD3 on T cells, thereby activating T cells to kill DLL3-expressing SCLC cells. This results in the formation of a cytolytic synapse with lysis of the cancer cell.10,11 DLL3 is a protein that is expressed on the surface of SCLC cells in ~85-96% of patients with SCLC, but is minimally expressed on healthy cells, making it an exciting target.12,13 U.S. INDICATION IMDELLTRA® (tarlatamab-dlle) is indicated for the treatment of adult patients with extensive stage small cell lung cancer (ES-SCLC) with disease progression on or after platinum-based chemotherapy. IMDELLTRA IMPORTANT SAFETY INFORMATION WARNING: CYTOKINE RELEASE SYNDROME and NEUROLOGIC TOXICITY including IMMUNE EFFECTOR CELL-ASSOCIATED NEUROTOXICITY SYNDROME Cytokine release syndrome (CRS), including life-threatening or fatal reactions, can occur in patients receiving IMDELLTRA®. Initiate treatment with IMDELLTRA® using the step-up dosing schedule to reduce the incidence and severity of CRS. Withhold IMDELLTRA® until CRS resolves or permanently discontinue based on severity. Neurologic toxicity and immune effector cell-associated neurotoxicity syndrome (ICANS), including life-threatening or fatal reactions, can occur in patients receiving IMDELLTRA®. Monitor patients for signs and symptoms of neurologic toxicity, including ICANS, during treatment and treat promptly. Withhold IMDELLTRA® until ICANS resolves or permanently discontinue based on severity. WARNINGS AND PRECAUTIONS Cytokine Release Syndrome (CRS): IMDELLTRA® can cause CRS including life-threatening or fatal reactions. In the pooled safety population, CRS occurred in 57% (268/473) of patients who received IMDELLTRA®, including 39% Grade 1, 15% Grade 2, 1.7% Grade 3 and 0.2% Grade 4. Recurrent CRS occurred in 24% of IMDELLTRA®-treated patients including 20% Grade 1 and 3.4% Grade 2; one patient experienced recurrent Grade 3. Among the 268 patients who experienced CRS, 73% had CRS after the first dose, 60% had CRS after the second dose, and 15% had CRS following the third or later dose. Following the Cycle 1 Day 1, Day 8, Day 15 infusions, 24%, 8%, and 1% of patients experienced Grade ≥ 2 CRS, respectively. From Cycle 2 onwards, 1.5% of patients experienced Grade ≥ 2 CRS. Of the patients who experienced CRS, 31% received steroids and 10% required tocilizumab. The median time to onset of all grade CRS from most recent dose of IMDELLTRA® was 16 hours (range: start of infusion to 15 days). The median time to onset of Grade ≥ 2 CRS from most recent dose of IMDELLTRA® was 15 hours (range: start of infusion to 15 days). Clinical signs and symptoms of CRS included pyrexia, hypotension, fatigue, tachycardia, headache, hypoxia, nausea, and vomiting. Potentially life-threatening complications of CRS may include cardiac dysfunction, acute respiratory distress syndrome, neurologic toxicity, renal and/or hepatic failure, and disseminated intravascular coagulation (DIC). Administer IMDELLTRA® following the recommended step-up dosing and administer concomitant medications before and after Cycle 1 Day 1 and Cycle 1 Day 8 IMDELLTRA® infusions as described in Table 3 of the Prescribing Information (PI) to reduce the risk of CRS. Administer IMDELLTRA® in an appropriate healthcare facility equipped to monitor and manage CRS. Ensure patients are well hydrated prior to administration of IMDELLTRA®. Closely monitor patients for signs and symptoms of CRS during treatment with IMDELLTRA®. At the first sign of CRS, immediately discontinue IMDELLTRA® infusion, evaluate the patient for hospitalization and institute supportive care based on severity. Withhold or permanently discontinue IMDELLTRA® based on severity. Counsel patients and caregivers to seek medical attention should signs or symptoms of CRS occur. Neurologic Toxicity, Including ICANS: IMDELLTRA® can cause life-threatening or fatal neurologic toxicity, including ICANS. In the pooled safety population, neurologic toxicity occurred in 65% of patients who received IMDELLTRA®, with Grade 3 or higher events in 7% of patients including fatal events in 0.2%. The most frequent neurologic toxicities were dysgeusia (34%), headache (17%), peripheral neuropathy (9%), dizziness (9%), and insomnia (8%). The incidence of signs and symptoms consistent with ICANS was 10% in IMDELLTRA®-treated patients including events with the preferred terms: ICANS (4.7%), muscular weakness (3.2%), cognitive disorder (0.6%), aphasia (0.6%), depressed level of consciousness (0.4%), seizures (0.4%), encephalopathy (0.4%), and leukoencephalopathy (0.2%). There was one fatal reaction of ICANS. Recurrent ICANS occurred in 1.5% of patients. Of the patients who experienced ICANS, most experienced the event following Cycle 1 Day 1 (2.5%) and Cycle 1 Day 8 (3.6%). Following Day 1, Day 8, and Day 15 infusions, 1.3%, 1.3% and 0.4% of patients experienced Grade ≥ 2 ICANS, respectively. ICANS can occur several weeks following administration of IMDELLTRA®. The median time to onset of ICANS from the first dose of IMDELLTRA® was 16 days (range: 1 to 862 days). The median time to resolution of ICANS was 4 days (range: 1 to 40 days). The onset of ICANS can be concurrent with CRS, following resolution of CRS, or in the absence of CRS. Clinical signs and symptoms of ICANS may include but are not limited to confusional state, depressed level of consciousness, disorientation, somnolence, lethargy, and bradyphrenia. Patients receiving IMDELLTRA® are at risk of neurologic adverse reactions and ICANS resulting in depressed level of consciousness. Advise patients to refrain from driving and engaging in hazardous occupations or activities, such as operating heavy or potentially dangerous machinery, until neurologic symptoms resolve. Closely monitor patients for signs and symptoms of neurologic toxicity and ICANS during treatment with IMDELLTRA®. At the first sign of ICANS, immediately discontinue the infusion, evaluate the patient and provide supportive therapy based on severity. Withhold IMDELLTRA® or permanently discontinue based on severity. Cytopenias: IMDELLTRA® can cause cytopenias including neutropenia, thrombocytopenia, and anemia. In the pooled safety population, based on laboratory data, decreased neutrophils occurred in 16% of patients, including 9% Grade 3 or 4. The median time to onset for Grade 3 or 4 decreased neutrophil count was 41 days (range: 2 to 306 days). Decreased platelets occurred in 30% including 2.2% Grade 3 or 4. The median time to onset for Grade 3 or 4 decreased platelets was 67 days (range: 3 to 420 days). Decreased hemoglobin occurred in 56% of patients, including 4.7% Grade 3 or 4. Febrile neutropenia was reported as an adverse event in 1.5% of patients treated with IMDELLTRA®. Monitor patients for signs and symptoms of cytopenias. Perform complete blood counts prior to treatment with all doses of IMDELLTRA®, up through Cycle 5 Day 15 and then prior to administration on Day 1 of each cycle starting with Cycle 6. Based on the severity of cytopenias, temporarily withhold, or permanently discontinue IMDELLTRA®. Infections: IMDELLTRA® can cause serious infections, including life-threatening and fatal infections. In the pooled safety population, infections, including opportunistic infections, occurred in 43% of patients who received IMDELLTRA®, including 14% Grade 3 or 4. The most frequent infections were pneumonia (11%), urinary tract infection (9%), COVID-19 (6%), upper respiratory tract infection (4.7%), respiratory tract infection (4%), candida infection (2.1%), oral candidiasis (2.1%), and nasopharyngitis (2.1%). Monitor patients for signs and symptoms of infection prior to and during treatment with IMDELLTRA® and treat as clinically indicated. Withhold or permanently discontinue IMDELLTRA® based on severity. Hepatotoxicity: IMDELLTRA® can cause hepatotoxicity. In the pooled safety population, based on laboratory data, elevated ALT occurred in 39% of patients who received IMDELLTRA®, including 2.5% with Grade 3 or 4 ALT. Elevated AST occurred in 43% of patients, including 3.2% Grade 3 or 4. Elevated bilirubin also occurred in 16% of patients, including 1.3% Grade 3 or 4. Liver enzyme elevation can occur with or without concurrent CRS. Monitor liver enzymes and bilirubin prior to treatment with IMDELLTRA®, and as clinically indicated. Withhold IMDELLTRA® or permanently discontinue based on severity. Hypersensitivity: IMDELLTRA® can cause severe hypersensitivity reactions. Clinical signs and symptoms of hypersensitivity may include, but are not limited to, rash and bronchospasm. Monitor patients for signs and symptoms of hypersensitivity during treatment with IMDELLTRA® and manage as clinically indicated. Withhold or consider permanent discontinuation of IMDELLTRA® based on severity. Embryo-Fetal Toxicity: Based on its mechanism of action, IMDELLTRA® may cause fetal harm when administered to a pregnant woman. Advise patients of the potential risk to a fetus. Advise females of reproductive potential to use effective contraception during treatment with IMDELLTRA® and for 2 months after the last dose. ADVERSE REACTIONS The pooled safety population reflects exposure to intravenous IMDELLTRA®, as a single agent, at the recommended dosage of IMDELLTRA® 1 mg on Cycle 1 Day 1 followed by 10 mg on Days 8 and 15, and then every 2 weeks until disease progression or intolerable toxicity in 473 patients with small cell lung cancer enrolled in three clinical trials: DeLLphi-300, DeLLphi-301 and DeLLphi-304. Among 473 patients who received IMDELLTRA®, 40% were exposed for 6 months or longer and 19% were exposed for greater than one year. The most common (≥ 20%) adverse reactions were CRS (57%), fatigue (48%), decreased appetite (38%), dysgeusia (34%), pyrexia (33%), constipation (31%), musculoskeletal pain (31%) and nausea (25%). The most common (≥ 5%) Grade 3 or 4 laboratory abnormalities were decreased lymphocytes (43%), decreased sodium (12%), decreased total neutrophils (9%) and increased uric acid (6%). DOSAGE AND ADMINISTRATION: Important Dosing Information Administer IMDELLTRA® as an intravenous infusion over 1 hour. Administer IMDELLTRA® according to the step-up dose and schedule in the IMDELLTRA® PI (Table 1) to reduce the incidence and severity of CRS. Evaluate complete blood count, liver enzymes and bilirubin prior to administration of all doses of IMDELLTRA® up through Cycle 5 Day 15 and then prior to administration of IMDELLTRA® on Day 1 of each cycle starting with Cycle 6. More frequent evaluation may be necessary if clinically indicated. For Cycle 1, administer recommended concomitant medications before and after Cycle 1 Day 1 and Cycle 1 Day 8 IMDELLTRA® infusions to reduce the risk of CRS reactions as described in the PI (Table 3). IMDELLTRA® should only be administered by a qualified healthcare professional with appropriate medical support to manage severe reactions such as CRS and neurologic toxicity including ICANS. Due to the risk of CRS and neurologic toxicity, including ICANS, monitor patients from the start of the IMDELLTRA® infusion for 22 to 24 hours following Cycle 1 Day 1 and Cycle 1 Day 8 in an appropriate healthcare setting. Recommend that patients remain within 1 hour of an appropriate healthcare setting for a total of 48 hours from the start of the infusion with IMDELLTRA® following Cycle 1 Day 1 and Cycle 1 Day 8 doses, accompanied by a caregiver. Inform both the patient and the caregiver on the signs and symptoms of CRS and ICANS prior to discharge. Ensure patients are well hydrated prior to administration of IMDELLTRA®. Please see IMDELLTRA® full Prescribing Information, including BOXED WARNINGS. About Amgen Amgen discovers, develops, manufactures and delivers innovative medicines to fight some of the world's toughest diseases. Harnessing the best of biology and technology, Amgen reaches millions of patients with its medicines. More than 45 years ago, Amgen helped establish the biotechnology industry at its U.S. headquarters in Thousand Oaks, California, and it remains at the cutting edge of innovation, using technology and human genetic data to push beyond what is known today. Amgen is advancing a broad and deep pipeline and portfolio of medicines to treat cancer, inflammatory conditions, rare diseases, heart disease and obesity and obesity-related conditions. Amgen has been consistently recognized for innovation and workplace culture, including honors from Fast Company and Forbes. Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average®, and it is also part of the Nasdaq-100 Index®, which includes the largest and most innovative non-financial companies listed on the Nasdaq Stock Market based on market capitalization. For more information, visit Amgen.com and follow Amgen on X, LinkedIn, Instagram, YouTube, Facebook, TikTok and Threads. Amgen Forward-Looking Statements This news release contains forward-looking statements that are based on the current expectations and beliefs of Amgen. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including any statements on the outcome, benefits and synergies of collaborations, or potential collaborations, with any other company (including BeOne Medicines Ltd.), the performance of Otezla® (apremilast), our acquisitions of ChemoCentryx, Inc., Dark Blue Therapeutics, Ltd. or Horizon Therapeutics plc (including the prospective performance and outlook of Horizon's business, performance and opportunities, and any potential strategic benefits, synergies or opportunities expected as a result of such acquisition), as well as estimates of revenues, operating margins, capital expenditures, cash, other financial metrics, expected legal, arbitration, political, regulatory or clinical results or practices, customer and prescriber patterns or practices, reimbursement activities and outcomes, effects of pandemics or other widespread health problems on our business, outcomes, progress, and other such estimates and results. Forward-looking statements involve significant risks and uncertainties, including those discussed below and more fully described in the Securities and Exchange Commission reports filed by Amgen, including our most recent annual report on Form 10-K and any subsequent periodic reports on Form 10-Q and current reports on Form 8-K. Unless otherwise noted, Amgen is providing this information as of the date of this news release and does not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise. No forward-looking statement can be guaranteed and actual results may differ materially from those we project. Discovery or identification of new product candidates or development of new indications for existing products cannot be guaranteed and movement from concept to product is uncertain; consequently, there can be no guarantee that any particular product candidate or development of a new indication for an existing product will be successful and become a commercial product. Further, preclinical results do not guarantee safe and effective performance of product candidates in humans. The complexity of the human body cannot be perfectly, or sometimes, even adequately modeled by computer or cell culture systems or animal models. The length of time that it takes for us to complete clinical trials and obtain regulatory approval for product marketing has in the past varied and we expect similar variability in the future. Even when clinical trials are successful, regulatory authorities may question the sufficiency for approval of the trial endpoints we have selected. We develop product candidates internally and through licensing collaborations, partnerships and joint ventures. Product candidates that are derived from relationships may be subject to disputes between the parties or may prove to be not as effective or as safe as we may have believed at the time of entering into such relationship. Also, we or others could identify safety, side effects or manufacturing problems with our products, including our devices, after they are on the market. Our results may be affected by our ability to successfully market both new and existing products domestically and internationally, clinical and regulatory developments involving current and future products, sales growth of recently launched products, competition from other products including biosimilars, difficulties or delays in manufacturing our products and global economic conditions, including those resulting from geopolitical relations and government actions. In addition, sales of our products are affected by pricing pressure, political and public scrutiny and reimbursement policies imposed by third-party payers, including governments, private insurance plans and managed care providers and may be affected by regulatory, clinical and guideline developments and domestic and international trends toward managed care and healthcare cost containment. Furthermore, our research, testing, pricing, marketing and other operations are subject to extensive regulation by domestic and foreign government regulatory authorities. Our business may be impacted by government investigations, litigation and product liability claims. In addition, our business may be impacted by the adoption of new tax legislation or exposure to additional tax liabilities. Further, while we routinely obtain patents for our products and technology, the protection offered by our patents and patent applications may be challenged, invalidated or circumvented by our competitors, or we may fail to prevail in present and future intellectual property litigation. We perform a substantial amount of our commercial manufacturing activities at a few key facilities, including in Puerto Rico, and also depend on third parties for a portion of our manufacturing activities, and limits on supply may constrain sales of certain of our current products and product candidate development. An outbreak of disease or similar public health threat, and the public and governmental effort to mitigate against the spread of such disease, could have a significant adverse effect on the supply of materials for our manufacturing activities, the distribution of our products, the commercialization of our product candidates, and our clinical trial operations, and any such events may have a material adverse effect on our product development, product sales, business and results of operations. We rely on collaborations with third parties for the development of some of our product candidates and for the commercialization and sales of some of our commercial products. In addition, we compete with other companies with respect to many of our marketed products as well as for the discovery and development of new products. Further, some raw materials, medical devices and component parts for our products are supplied by sole third-party suppliers. Certain of our distributors, customers and payers have substantial purchasing leverage in their dealings with us. The discovery of significant problems with a product similar to one of our products that implicate an entire class of products could have a material adverse effect on sales of the affected products and on our business and results of operations. Our efforts to collaborate with or acquire other companies, products or technology, and to integrate the operations of companies or to support the products or technology we have acquired, may not be successful, and may result in unanticipated costs, delays or failures to realize the benefits of the transactions. A breakdown, cyberattack or information security breach of our information technology systems could compromise the confidentiality, integrity and availability of our systems and our data. Our stock price is volatile and may be affected by a number of events. Our business and operations may be negatively affected by the failure, or perceived failure, of achieving our sustainability objectives. The effects of global climate change and related natural disasters could negatively affect our business and operations. Global economic conditions may magnify certain risks that affect our business. Our business performance could affect or limit the ability of our Board of Directors to declare a dividend or our ability to pay a dividend or repurchase our common stock. We may not be able to access the capital and credit markets on terms that are favorable to us, or at all. Further, any scientific information discussed in this news release relating to new indications for our products is preliminary and investigative and is not part of the labeling approved by the U.S. Food and Drug Administration for the products. The products are not approved for the investigational use(s) discussed in this news release, and no conclusions can or should be drawn regarding the safety or effectiveness of the products for these uses. CONTACT: Amgen, Thousand Oaks Brianna Wilkins, 513-284-9807 (media) Casey Capparelli, 805-447-1746 (investors) REFERENCES International Agency for Research on Cancer. Trachea, bronchus and lung fact sheet. Global Cancer Observatory: Cancer Today. Published 2024. Accessed September 2, 2026. https://gco.iarc.who.int/today/en/fact-sheets-cancers/15/trachea-bronchus-and-lung. Oronsky B, Abrouk N, Caroen S, et al. A 2022 update on extensive stage small-cell lung cancer (SCLC). J Cancer. 2022;13(9):2945-2953. doi:10.7150/jca.75622. Sabari JK, Lok BH, Laird JH, Poirier JT, Rudin CM. Unravelling the biology of SCLC: implications for therapy. Nat Rev Clin Oncol. 2017;14(9):549-561. doi:10.1038/nrclinonc.2017.71. Cramer-van der Welle CM, Schramel FMNH, van Leeuwen AS, Groen HJM, van de Garde EMW; Santeon SCLC Study Group. Real-world treatment patterns and outcomes of patients with extensive disease small cell lung cancer. Eur J Cancer Care (Engl). 2020;29(5):e13250. doi:10.1111/ecc.13250. Shaw J, Pundole X, Balasubramanian A, et al. Recent treatment patterns and real-world survival following first-line anti-PD-L1 treatment for extensive-stage small cell lung cancer. Oncologist. 2024;29(12):1079-1089. doi:10.1093/oncolo/oyae234. Paz-Ares L, Borghaei H, Liu SV, et al. Efficacy and safety of first-line maintenance therapy with lurbinectedin plus atezolizumab in extensive-stage small-cell lung cancer (IMforte): a randomised, multicentre, open-label, phase 3 trial. Lancet. 2025;405(10495):2129-2143. doi:10.1016/S0140-6736(25)01011-6. Reck M, Mok TSK, Mansfield A, et al. Brief report: exploratory analysis of maintenance therapy in patients with extensive-stage SCLC treated first line with atezolizumab plus carboplatin and etoposide. J Thorac Oncol. 2022;17(9):1122-1129. doi:10.1016/j.jtho.2022.05.016. ClinicalTrials.gov. DeLLphi-305 clinical trial listing. Accessed July 16, 2026. https://clinicaltrials.gov/study/NCT06211036. ClinicalTrials.gov. Tarlatamab clinical trial listings. US National Library of Medicine. Accessed July 2026. https://www.clinicaltrials.gov. Giffin MJ, Cooke K, Lobenhofer EK, et al. AMG 757, a half-life extended, DLL3-targeted bispecific T-cell engager, shows high potency and sensitivity in preclinical models of small-cell lung cancer. Clin Cancer Res. 2021;27(5):1526-1537. doi:10.1158/1078-0432.CCR-20-2845. Baeuerle PA, Kufer P, Bargou R. BiTE: Teaching antibodies to engage T-cells for cancer therapy. Curr Opin Mol Ther. 2009;11(1):22-30. Ahn MJ, Cho BC, Felip E, et al. Tarlatamab for patients with previously treated small-cell lung cancer. N Engl J Med. 2023;389(22):2063-2075. doi:10.1056/NEJMoa2307980/ Rojo F, Corassa M, Mavroudis D, et al. International real-world study of DLL3 expression in patients with small cell lung cancer. Lung Cancer. 2020;147:237-243. doi:10.1016/j.lungcan.2020.07.026. SOURCE Amgen |
|||
|
Saved
2026-09-09 09:25
1d ago
Published
2026-09-08 10:46
1d ago
|
Disappointing Clinical Trial Results Are Dragging Novartis, Amgen and the Dow Lower Tuesday | FMP Stock News | |
|
Original source text
U.S.-listed shares of Novartis are slumping Tuesday morning following disappointing clinical trial results from the Swiss drugmaker. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 08:00
2d ago
|
Zillow's August Market Report shows elevated rates dampen home sales | FMP Stock News | |
|
Original source text
Zillow expects continued softness in the for-sale market, with newly pending sales and inventory growth both decelerating as affordability challenges push demand toward rentalsHome sales fell 0.6% year over year in August, a deceleration from July's 6% annual gain, according to Zillow's August Market Report. Newly pending listings, a leading indicator of future closings, fell 2.6% year over year in August, extending a rapid deceleration from June's 7.5% annual gain — even as the number of homes for sale continues to climb. The rental market shows signs of absorbing sidelined demand, with rents rising 2.5% year over year, nearly double the rate of home value growth. , /PRNewswire/ -- Home sales slipped 0.6% year over year in August and fell sharply from July, according to the Zillow® August Market Report. Mortgage rates holding above 6.5% — their highest level in a year — kept many buyers on the sidelines. Newly pending listings, a forward-looking measure of demand, fell 2.6% from a year ago, a sign that the slowdown could continue through the remainder of the year. August's closed sales largely reflect contracts signed in July, when elevated rates were already discouraging many would-be buyers. The typical U.S. home value rose 1.3% from a year ago to $369,678, according to the Zillow Home Value Index, and the monthly mortgage payment on the typical home was 2% higher than last year. Rents are climbing, too, up 2.5% year over year to $1,948 nationwide, giving prospective buyers little relief on either side of the rent-versus-own equation. That annual rent growth figure is also reaccelerating, up from 2.3% last month and 2% a year ago, suggesting the rental market is absorbing some of the demand that has shifted away from the for-sale market. Inventory continues to offer a modest bright spot, with 1.41 million homes for sale nationwide, up 3% from a year ago. But new listings fell 7.9% from July, and the share of listings with a price cut edged up to 26.3% — half a percentage point above last year — a sign that sellers are still having to adjust expectations to meet the market. "The for-sale housing market took a step back in August, and mortgage rates above 6.5% are the primary culprit," said Mischa Fisher, chief economist at Zillow. "The combination of weak sales and even weaker pending sales points to a soft close to 2026. There are more homes for sale than a year ago, which is good news for buyers who are ready to move, but until rates ease, many households will likely stay on the sidelines a little longer as renting is still the more affordable substitute." Home Values & Mortgage Payments The typical U.S. home value is $369,678. The Zillow Home Value Index (ZHVI) fell 0.1% month over month in August. Home values are 1.3% higher than a year earlier. The monthly mortgage payment on a typical U.S. home is $1,897, assuming a 20% down payment and including estimates for taxes, insurance and maintenance. That is 2% higher than last year. Inventory There were 1.41 million homes for sale nationwide in August. Active inventory was 3% higher than a year earlier. Inventory rose 0.2% from July. New for-sale listings totaled 356,934 in August, up 2.4% from a year earlier and down 7.9% from July. Sales 339,927 homes were sold in August, according to Zillow's sales count nowcast. That is 0.6% lower than a year earlier, and down 10.7% from July. Competition Homes took a median of 27 days to go pending in August. That's the same as last year and two days longer than July. The share of listings with a price cut in August was 26.3%. That was up 0.5 percentage points from a year earlier and down 0.8 percentage points from July. 29.6% of homes sold above list price in July, the most recent data available. That was 0.8 percentage points higher than a year earlier and 1.1 percentage points lower than June. Rents The typical rent nationwide is $1,948, according to the Zillow Observed Rent Index. That's 2.5% higher than a year earlier and up 0.2% from July. 39.2% of rental listings on Zillow offered a concession in August. That's 2.5 percentage points higher than a year earlier and down 0.6 percentage points from July. Local data can be found on Zillow's market explorer. The Zillow September Market Report is expected to be released October 6. Zillow August Market Report Metro Area* Typical Home Value (ZHVI) Home Value Change: MoM Home Value Change: YoY Inventory Change: YoY Sales Count Nowcast Change: YoY Typical Rent (ZORI) Rent Change: MoM Rent Change: YoY United States $369,678 -0.1 % 1.3 % 0.2 % -0.6 % $1,948 0.2 % 2.5 % New York, NY $739,324 0.4 % 5.2 % -3.5 % -2.3 % $3,615 0.2 % 4.2 % Los Angeles, CA $957,612 -0.3 % 1.4 % 0.5 % -2.0 % $2,941 0.2 % 1.6 % Chicago, IL $359,782 0.3 % 5.1 % -0.4 % 4.9 % $2,210 -0.1 % 4.9 % Dallas, TX $361,463 -0.3 % -1.9 % -1.3 % -2.1 % $1,659 0.1 % 0.4 % Houston, TX $305,386 -0.3 % -1.8 % -1.1 % -4.0 % $1,643 0.0 % 0.0 % Washington, DC $575,362 -0.5 % 0.3 % -2.6 % -3.5 % $2,433 0.2 % 0.8 % Philadelphia, PA $390,935 -0.1 % 2.5 % -0.2 % -2.7 % $1,911 0.4 % 3.6 % Miami, FL $477,919 0.2 % 0.5 % -2.6 % -1.0 % $2,666 0.2 % 1.6 % Atlanta, GA $377,813 -0.4 % -1.5 % 0.6 % -0.8 % $1,853 0.3 % 2.0 % Boston, MA $737,482 -0.2 % 2.3 % -4.2 % 0.1 % $3,074 -0.7 % 2.4 % Phoenix, AZ $442,171 -0.4 % -1.0 % -0.9 % -1.4 % $1,722 0.1 % 0.7 % San Francisco, CA $1,134,525 -0.3 % 3.3 % -1.1 % 2.5 % $3,409 1.7 % 10.8 % Riverside, CA $583,081 -0.1 % 0.4 % -0.9 % -0.7 % $2,541 0.3 % 2.8 % Detroit, MI $267,999 -0.1 % 1.8 % 5.0 % -1.6 % $1,524 0.4 % 3.8 % Seattle, WA $730,623 -0.8 % -1.6 % 0.0 % -6.5 % $2,278 0.2 % 1.7 % Minneapolis, MN $390,396 -0.2 % 1.7 % 1.4 % 4.4 % $1,719 0.1 % 3.5 % San Diego, CA $934,936 -0.4 % 1.0 % -2.0 % -6.3 % $2,994 0.3 % 2.0 % Tampa, FL $359,285 -0.1 % -0.6 % -1.4 % 2.7 % $2,001 0.1 % -0.1 % Denver, CO $562,732 -0.5 % -1.5 % 0.0 % -1.6 % $1,922 -0.1 % -0.6 % Baltimore, MD $400,583 -0.4 % 0.4 % 0.2 % 3.7 % $1,948 0.3 % 2.6 % St. Louis, MO $277,084 -0.1 % 3.3 % -0.5 % -5.3 % $1,443 0.2 % 3.9 % Orlando, FL $383,656 -0.2 % -1.4 % -1.0 % 5.8 % $1,942 0.0 % 0.7 % Charlotte, NC $384,369 -0.4 % -0.7 % -1.5 % -2.4 % $1,749 0.2 % 1.0 % San Antonio, TX $276,834 -0.3 % -1.8 % -0.5 % 5.7 % $1,422 0.2 % -1.3 % Portland, OR $545,374 -0.3 % 0.1 % -0.4 % 1.4 % $1,818 0.3 % 0.6 % Sacramento, CA $576,967 -0.3 % 0.2 % -1.3 % 3.5 % $2,282 0.3 % 1.7 % Pittsburgh, PA $232,967 0.1 % 0.3 % -0.3 % -6.5 % $1,469 0.0 % 3.4 % Cincinnati, OH $309,495 -0.2 % 2.3 % -1.8 % 3.7 % $1,522 0.2 % 2.6 % Austin, TX $419,900 -0.5 % -4.2 % -3.2 % 2.0 % $1,622 0.1 % 0.0 % Las Vegas, NV $423,354 -0.5 % -2.8 % 1.8 % 2.1 % $1,742 -0.3 % 0.1 % Kansas City, MO $329,538 0.0 % 3.8 % -0.5 % 1.7 % $1,529 0.3 % 3.6 % Columbus, OH $331,866 -0.1 % 1.3 % -0.5 % 6.3 % $1,521 0.5 % 2.6 % Indianapolis, IN $294,343 -0.1 % 1.0 % 2.9 % -2.7 % $1,552 0.3 % 3.3 % Cleveland, OH $255,245 0.3 % 4.0 % 1.6 % 1.4 % $1,454 0.3 % 4.5 % San Jose, CA $1,544,638 -1.0 % 0.3 % 0.2 % -5.7 % $3,815 1.0 % 7.6 % Nashville, TN $453,322 -0.2 % -0.3 % 0.7 % 1.0 % $1,813 0.2 % 0.8 % Virginia Beach, VA $374,765 0.0 % 2.9 % 0.6 % 3.4 % $1,891 1.0 % 6.6 % Providence, RI $528,018 0.1 % 3.7 % 2.3 % -1.5 % $2,167 0.1 % 4.3 % Jacksonville, FL $351,487 -0.1 % 0.0 % -2.2 % -1.0 % $1,696 0.2 % 1.8 % Milwaukee, WI $391,398 0.1 % 5.5 % -1.4 % -2.9 % $1,563 0.3 % 5.0 % Oklahoma City, OK $246,105 0.0 % 1.1 % 2.4 % -4.9 % $1,388 0.2 % 2.3 % Raleigh, NC $431,407 -0.4 % -1.6 % -1.4 % 4.7 % $1,675 0.3 % 0.8 % Memphis, TN $244,845 -0.2 % 0.1 % -0.5 % 0.8 % $1,400 -0.1 % 1.0 % Richmond, VA $396,305 -0.1 % 2.7 % 3.5 % -3.6 % $1,729 -0.2 % 2.5 % Louisville, KY $280,808 -0.3 % 1.6 % 1.7 % -0.2 % $1,348 0.0 % 1.6 % New Orleans, LA $261,012 -0.3 % 1.6 % -0.8 % -2.7 % $1,598 0.0 % 1.4 % Salt Lake City, UT $562,551 -0.2 % 1.0 % 6.2 % 0.1 % $1,641 0.1 % 0.5 % Hartford, CT $404,670 0.2 % 5.2 % 1.0 % 1.2 % $2,034 0.3 % 3.2 % Buffalo, NY $292,435 0.3 % 3.7 % 5.2 % -3.8 % $1,449 0.5 % 3.5 % Birmingham, AL $263,461 0.0 % 2.5 % 0.4 % 1.0 % $1,433 0.8 % 2.0 % *Table ordered by market size Forward-looking statements This press release includes forward-looking statements about future housing market conditions, mortgage rates, rental trends and other economic factors. These statements are based on current expectations and assumptions, which are subject to change. Actual outcomes may differ materially due to changes in economic and market conditions. Forward-looking statements speak only as of the date of this release, and Zillow Group undertakes no obligation to update them. About Zillow Group Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate app and website in the United States, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more. Zillow's ecosystem spans the entire home journey — from dreaming and shopping to renting, buying, selling and financing. Zillow Group's affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans®, Zillow Rentals®, Zillow® New Construction, Trulia®, StreetEasy®, Out East®, HotPads®, Follow Up Boss®, ShowingTime®, dotloop® and Zillow® Closing. All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2026 MFTB Holdco, Inc., a Zillow affiliate. (ZFIN) SOURCE Zillow, Inc. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 07:30
2d ago
|
Philip Morris International Participates in 2026 Barclays Global Consumer Conference; Raises 2026 Full-Year Diluted EPS Forecast for Currency Only | FMP Stock News | |
|
Original source text
STAMFORD, CT--(BUSINESS WIRE)--Regulatory News:Philip Morris International Inc.’s (PMI) (NYSE: PM) Group CEO PMI, Jacek Olczak, will address investors today at the 2026 Barclays Global Consumer Conference in Boston at 9:45 a.m. ET. The live webcast will be available here. The webcast replay will be available at the same link for six months after the event. The webcast may also be accessed on mobile devices by downloading PMI’s Investor Relations App at www.pmi.com/irapp. 2026 Full-Year Forecast PMI raises its 2026 full-year reported diluted EPS forecast to a range of $7.28 to $7.43 to reflect currency only. Excluding a total 2026 adjustment of $1.07 per share, the forecast range for adjusted diluted EPS of $8.35 to $8.50 represents a projected increase of 10.7% to 12.7% versus $7.54 in 2025. Excluding a favorable currency impact, at prevailing exchange rates, of $0.24 per share (previously $0.15), this represents growth of 7.5% to 9.5%. We also update our Q3 adjusted diluted EPS forecast for currency only to a range of $2.29 to $2.34, now including an estimated 1 cent favorable currency impact (previously unfavorable 8 cents). All other forecast assumptions remain unchanged from those communicated on July 22, 2026. Factors described in the Forward-Looking and Cautionary Statements section of this release represent continuing risks to these projections. Full-Year 2026 Forecast 2025 Growth Reported Diluted EPS $7.28 - $7.43 $ 7.26 Adjustments Amortization of intangibles 0.50 0.50 Fair value adjustment for equity investments 0.16 (0.18) Restructuring charges 0.03 0.14 Income tax impact associated with Swedish Match AB financing 0.06 (0.25) Non-cash impairment of RBH equity investment 0.33 — Egypt sales tax settlement adjustment (0.01) — Other 2025 Adjustments (1) — 0.07 Total Adjustments 1.07 0.28 Adjusted Diluted EPS $8.35 - $8.50 $ 7.54 10.7% - 12.7% Less: Currency 0.24 Adjusted Diluted EPS, excluding currency $8.11 - $8.26 $ 7.54 7.5% - 9.5% (1) Includes: $0.10 Germany excise tax classification litigation charge; ($0.10) RBH (Canada) Plan Implementation, including dividend income, net; $0.09 Impairment of Wellness business related equity investment; $0.06 Loss on expected sale of consumer accessories and other businesses; $0.03 Impairment of goodwill; ($0.11) Tax items Forward-Looking & Cautionary Statements This press release contains projections of future results and goals and other forward-looking statements, including statements regarding expected financial or operational performance; capital allocation plans; investment strategies; regulatory outcomes; market expectations; business plans and strategies. Achievement of future results is subject to risks, uncertainties and inaccurate assumptions. In the event that risks or uncertainties materialize, or underlying assumptions prove inaccurate, actual results could vary materially from those contained in such forward-looking statements. Pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, PMI is identifying important factors that, individually or in the aggregate, could cause actual results and outcomes to differ materially from those contained in any forward-looking statements made by PMI. PMI's business risks include: marketing and regulatory restrictions that could reduce our competitiveness, disrupt our SFP commercialization efforts, eliminate our ability to communicate with adult consumers, or ban certain of our products in certain markets or countries; excise tax increases and discriminatory tax structures; health concerns relating to the use of tobacco and other nicotine-containing products; litigation related to tobacco and/or nicotine products and intellectual property rights; intense competition; inability to anticipate changes in adult consumer preferences; use and reliance on third-parties; the adverse effects of global and individual country economic, regulatory and political developments, natural disasters and conflicts; geopolitical instability; the impact and consequences of Russia's invasion of Ukraine; changes in legal-age adult smoker behavior; continued decline of tax-paid cigarettes; lost revenues as a result of counterfeiting, contraband and cross-border purchases; governmental investigations; unfavorable currency exchange rates and currency devaluations, sustained periods of elevated inflation, and limitations on the ability to repatriate funds; adverse changes in applicable corporate tax laws; disruptions in the credit markets or changes to its credit ratings; recent and potential future tariffs imposed by the U.S. and other countries; adverse changes in the cost, availability, and quality of tobacco and other agricultural products and raw materials, as well as product components for its electronic devices; and the integrity of its information systems and effectiveness of its data privacy policies. PMI's future profitability may also be adversely affected should it be unsuccessful, in key markets or systemically, in its efforts to introduce, commercialize, and grow smoke-free products or if regulation or taxation do not differentiate between such products and cigarettes; if it is unable to successfully introduce new products, and promote brand equity; if there are prolonged disruptions of facilities used to produce its products; if it is unable to enter new markets or improve its margins through increased prices and productivity gains; if other market participants are more successful in their SFP commercialization efforts; if it is unable to attract and retain the best global talent; or if it is unable to successfully integrate and realize the expected benefits from recent transactions and acquisitions. Future results are also subject to the lower predictability of our smoke-free products performance. PMI is further subject to other risks detailed from time to time in its publicly filed documents, including PMI's Annual Report on Form 10-K for the fourth quarter and year ended December 31, 2025, and the Quarterly Report on Form 10-Q for the second quarter ended June 30, 2026. PMI cautions that the foregoing list of important factors is not a complete discussion of all potential risks and uncertainties. PMI does not undertake to update any forward-looking statement that it may make from time to time, except in the normal course of its public disclosure obligations. Philip Morris International: A Global Smoke-Free Champion Philip Morris International is a leading international consumer goods company, actively delivering a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. The company’s current product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, nicotine pouch and e-vapor products. Our smoke-free products are available for sale in over 105 markets, and as of December 31, 2025, PMI estimates they were used by over 43 million legal-age consumers around the world, many of whom have moved away from cigarettes or significantly reduced their consumption. The smoke-free business accounted for approximately 42% of PMI’s second-quarter 2026 total net revenues. Since 2008, PMI has invested over $16 billion to develop, scientifically substantiate and commercialize innovative smoke-free products for legal age adults who would otherwise smoke or use other nicotine-containing consumer products, with the goal of completely ending the sale of cigarettes. This includes the building of world-class scientific assessment capabilities, notably in the areas of pre-clinical systems toxicology, clinical and behavioral research, as well as post-market studies. Following a robust science-based review, the U.S. Food and Drug Administration has authorized the marketing of Swedish Match’s General snus, ZYN nicotine pouches and versions of PMI’s IQOS devices and consumables - the first-ever such authorizations in their respective categories. Versions of IQOS devices and consumables, General snus and 20 ZYN nicotine pouch variants also obtained the first-ever Modified Risk Tobacco Product authorizations from the FDA in their respective categories. With a strong foundation and significant expertise in life sciences, PMI has a long-term ambition to expand into wellness areas. References to “PMI”, “we”, “our” and “us” mean Philip Morris International Inc., and its subsidiaries. For more information, please visit www.pmi.com and www.pmiscience.com. Non-GAAP Measures, Glossary and Explanatory Notes Reconciliations of non-GAAP measures in this release to the most directly comparable U.S. GAAP measures can be found in Exhibit 99.2 to the Form 8-K dated July 22, 2026, and here. A glossary of key terms, definitions and explanatory notes is available in the aforementioned Exhibit 99.2 and on the same webpage, where additional financial schedules, as well as adjustments and other calculations have also been made available. Management reviews earnings per share, or "EPS," on an adjusted basis, which may exclude the impact of currency and other items such as acquisitions, divestitures, restructuring costs, tax items and other adjusting items. Additionally, starting in 2022 and on a comparative basis, PMI includes adjustments to add back amortization expense on acquisition related intangible assets that are recorded as part of purchase accounting and contribute to PMI’s revenue generation, as well as impairment of intangible assets, if any. While amortization expense on acquisition related intangible assets is excluded, the net revenues generated from these acquired intangible assets are included in the company's adjusted measures, unless otherwise stated. Currency-neutral rates reflect the way management views underlying performance for these measures. PMI believes that such measures provide useful insight into underlying business trends and results. Management reviews these measures because they exclude changes in currency exchange rates and other factors that may distort underlying business trends, thereby improving the comparability of PMI’s business performance between reporting periods. Furthermore, PMI uses several of these measures in its management compensation program to promote internal fairness and a disciplined assessment of performance against company targets. PMI discloses these measures to enable investors to view the business through the eyes of management. Non-GAAP measures used in this release should neither be considered in isolation nor as a substitute for the financial measures prepared in accordance with U.S. GAAP. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 21:20
1d ago
|
With Oil Prices Soaring, Is Occidental Petroleum Stock a Buy Right Now? | FMP Stock News | |
|
Original source text
The oil market is unlikely to return to normal levels anytime soon.*Stock prices used were the afternoon prices of Sept. 5, 2026. The video was published on Sept. 7, 2026. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Occidental Petroleum. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 08:09
2d ago
|
MONDAY REGN INVESTOR DEADLINE: Regeneron Pharmaceuticals, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit Before September 14, 2026 Deadline - RGRD Law | FMP Stock News | |
|
Original source text
SAN DIEGO, Sept. 08, 2026 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) common stock between August 1, 2025 and May 15, 2026, both dates inclusive (the “Class Period”), have until September 14, 2026 to seek appointment as lead plaintiff of the Regeneron class action lawsuit. Captioned Cheatham v. Regeneron Pharmaceuticals, Inc., No. 26-cv-06026 (S.D.N.Y.), the Regeneron class action lawsuit charges Regeneron as well as certain of Regeneron’s top executives with violations of the Securities Exchange Act of 1934.If you suffered substantial losses and wish to serve as lead plaintiff of the Regeneron class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-regeneron-pharmaceuticals-class-action-lawsuit-regn.html You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected]. CASE ALLEGATIONS: Regeneron is a pharmaceutical company that discovers, invents, develops, manufactures, tests, and commercializes medicines to treat various disorders worldwide. The Regeneron class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants created the false impression that they possessed reliable information demonstrating that Regeneron’s Phase III Fianlimab-Libtayo Study was well-poised for success, while minimizing risks to the study’s odds of achieving its primary endpoint and its overall statistical validity arising from the prolonged event rate slowdown; (ii) Regeneron’s preliminary statistical assumptions were fundamentally flawed; (iii) the active treatment arm was failing to achieve meaningful clinical differentiation over standard therapies; and (iv) the trial would ultimately fail to reach statistical significance on its primary endpoint even without overperformance of the control arm. On April 29, 2026, during Regeneron’s first quarter earnings call, defendants allegedly disclosed that the Phase III Fianlimab-Libtayo Study had been altered, expanding the number of patients in the study eligible for “analysis of progression-free survival.” On this news, the price of Regeneron stock declined more than 6%, according to the complaint. Then, after-market on May 15, 2026, Regeneron issued a press release allegedly announcing that the “Phase 3 Trial of Fianlimab . . . did not reach statistical significance for the primary endpoint of improvement in progression-free survival (PFS).” On this news, the price of Regeneron stock dropped nearly 10%, according to the complaint. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Regeneron common stock during the Class Period to seek appointment as lead plaintiff in the Regeneron class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Regeneron class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Regeneron class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Regeneron class action lawsuit. ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP Ken Dolitsky Michael Albert 655 W. Broadway, Suite 1900, San Diego, CA 92101 800/851-7783 [email protected] |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 09:28
2d ago
|
REGENERNON PHARMACEUTICALS, INC. (REGN) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Regeneron Pharmaceuticals, Inc. Investors of Upcoming Deadline | FMP Stock News | |
|
Original source text
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Regeneron Pharmaceuticals, Inc. (“Regeneron” or the “Company”) (NASDAQ: REGN) of the September 14, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.Should You Join The Regeneron Class Action Lawsuit: Do you, or did you, own shares of Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN)?Did you purchase your shares between August 1, 2025 and May 15, 2026, inclusive?Did you lose money in your investment in Regeneron Pharmaceuticals, Inc.? What To Do Next: Investors are encouraged to act promptly and submit a form at Regeneron Pharmaceuticals, Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected]. If you wish to serve as lead plaintiff for the Class, you must file papers by September 14, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About The Lawsuit: A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the common stock of Regeneron between August 1, 2025 and May 15, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers. The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Regeneron common stock traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses. About Bernstein Liebhard: Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years. ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter. Contact Information: Peter Allocco Investor Relations Manager Bernstein Liebhard LLP https://www.bernlieb.com (212) 951-2030 [email protected] |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 10:03
2d ago
|
REGN Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Regeneron Pharmaceuticals Securities Lawsuit - Contact SueWallSt | FMP Stock News | |
|
Original source text
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- SueWallSt notifies investors in Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) that a class action has been filed on behalf of shareholders who purchased securities between August 1, 2025 and May 15, 2026. Find out if you could qualify to recover your per-share losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.REGN declined from a Class Period high of $731.77 on April 28, 2026 to $629.68 after the May 15, 2026 after-market announcement, a $102.09 per-share decline, or approximately 13.95%. The lead plaintiff deadline is September 14, 2026. Ryan Crowe Regeneron Securities Defendant Liability Allegations As named in the action, Ryan Crowe served as Regeneron's Senior Vice President of Investor Relations and Strategic Analysis during the Class Period. The complaint identifies investor-facing presentations in which Crowe allegedly discussed the Phase III Fianlimab-Libtayo Study, prior Phase I results, expectations for progression-free survival, and the significance of slowing event accrual. The action claims those communications contributed to an allegedly misleading impression that the study remained positioned to demonstrate meaningful clinical differentiation over existing standards of care. Plaintiffs allege that investors were not adequately informed that the prolonged event-rate slowdown reflected heightened risk to the trial's statistical validity and primary endpoint. Crowe's Alleged Role in Investor Communications Crowe is named as an individual defendant in the securities action.The complaint identifies his role in discussing Regeneron's oncology pipeline with investors and analysts.His alleged statements referenced Phase I pooled results, including a 57% objective response rate and 24-month median progression-free survival.Plaintiffs claim the public messaging understated the risk that the Phase III study would fail to show statistically significant PFS improvement.The complaint alleges the later protocol expansion and failed primary endpoint corrected prior alleged misstatements. Accountability Questions Raised by the Filing The securities action asserts claims under Sections 10(b) and 20(a) of the Exchange Act and Rule 10b-5. As pleaded, Crowe's investor-relations function is relevant because the challenged statements were allegedly directed to the market during a period when REGN shares traded at prices plaintiffs claim were artificially inflated. "Individual officers who communicate with investors about clinical-trial progress should ensure those statements are accurate, complete, and appropriately qualified. Here, the action alleges that public commentary about PFS event accrual and clinical differentiation did not match the risks facing the Phase III study." -- Joseph E. Levi, Esq. Submit your information here or call (888) SueWallSt. WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Frequently Asked Questions About the REGN Lawsuit Q: What is the REGN class action lawsuit about? A: A securities class action has been filed against Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) alleging materially false and misleading statements between August 1, 2025 and May 15, 2026. Shares fell approximately 13.95% from the Class Period high after the Company disclosed a protocol amendment and later announced that the Phase III Fianlimab-Libtayo Study did not reach statistical significance for its primary PFS endpoint. Q: Who may be eligible in the REGN investor lawsuit? A: Investors who purchased REGN stock or securities between August 1, 2025 and May 15, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares. Q: What court was the REGN class action filed in? A: The case was filed in the United States District Court for the Southern District of New York and is governed by the Private Securities Litigation Reform Act of 1995. Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run. Q: What documents are useful for evaluating REGN losses? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices are typically useful for evaluating potential losses. Q: What if I already sold my REGN shares, can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate. Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. If there is a settlement or recovery, eligible class members generally submit a claim form to seek their portion. Q: What does it cost me to participate? A: There is no upfront cost to contact the firm. Securities class actions are generally handled on a pure contingency basis. No upfront fees, no retainer, and no out-of-pocket costs. Any attorneys' fees and expenses awarded to class counsel are subject to court approval. CONTACT:\ Levi & Korsinsky, LLP\ Joseph E. Levi, Esq.\ 33 Whitehall Street, 27th Floor\ New York, NY 10004\ [email protected]\ Tel: (888) SueWallSt\ Fax: (212) 363-7171 Attorney Advertising. Prior results do not guarantee similar outcomes. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 13:58
1d ago
|
REGN DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Regeneron (REGN) Investors of Securities Class Action Lawsuit Deadline on September 14, 2026 | FMP Stock News | |
|
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Regeneron To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Regeneron between August 1, 2025 and May 15, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - September 8, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Regeneron Pharmaceuticals, Inc. ("Regeneron" or the "Company") (NASDAQ: REGN) and reminds investors of the September 14, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose the true state of Regeneron's Phase III Fianlimab-Libtayo Study; notably, that its preliminary statistical assumptions were fundamentally flawed, that the active treatment arm was failing to achieve meaningful clinical differentiation over standard therapies, and that the trial would ultimately fail to reach statistical significance on its primary endpoint even without overperformance of the control arm. On April 29, 2026, Defendants disclosed that the Phase III Fianlimab-Libtayo Study had been altered, expanding the number of patients in the study eligible for "analysis of progression-free survival." On this news, Regeneron's stock price fell $45.41, or approximately 6.2%, to close at $686.36 per share on April 29, 2026. On May 15, 2026, Regeneron issued a press release announcing that the "Phase 3 Trial of Fianlimab . . . did not reach statistical significance for the primary endpoint of improvement in progression-free survival (PFS)." On this news, Regeneron's stock price fell $68.57, or approximately 9.8%, to close at $629.68 per share on May 18, 2026. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Regeneron's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Regeneron class action, go to www.faruqilaw.com/REGN or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Frequently Asked Questions (FAQ) for Investors Regarding the Regeneron Securities Class Action Lawsuit: What is the Regeneron securities fraud lawsuit about? Faruqi & Faruqi, LLP has filed a securities class action lawsuit against Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) on behalf of investors who purchased Regeneron securities during the Class Period. The lawsuit alleges that Regeneron and certain of its officers made materially false and misleading statements regarding the Phase III Fianlimab-Libtayo clinical study. Specifically, the complaint alleges that defendants concealed that the study's preliminary statistical assumptions were fundamentally flawed, that the active treatment arm was allegedly failing to achieve meaningful clinical differentiation over standard therapies, and that the trial would ultimately fail to reach statistical significance on its primary endpoint. The alleged fraud is said to have come to light through two disclosures: first, on April 29, 2026, when defendants announced an expansion of patients eligible for analysis of progression-free survival — causing Regeneron's stock to fall approximately 6.2% — and then on May 15, 2026, when Regeneron announced that the Phase III trial did not reach statistical significance for its primary endpoint, causing the stock to fall an additional approximately 9.8%. Who may be eligible to participate in the lawsuit? Investors who purchased or otherwise acquired Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) securities on the NASDAQ between August 1, 2025 and May 15, 2026, inclusive (the "Class Period"), may be eligible to participate in this lawsuit. Eligibility to participate is not limited to those who seek appointment as lead plaintiff; any investor who purchased Regeneron securities during the Class Period and suffered a loss may potentially share in any recovery obtained on behalf of the class. Investors are encouraged to review their trading records to determine whether their purchases fall within the Class Period. Participation in the litigation does not require investors to take any active litigation role beyond filing a timely claim if a recovery is ultimately achieved. What is a lead plaintiff, and how can I seek appointment? A lead plaintiff is a court-appointed representative who acts on behalf of all class members in directing the litigation, including working with counsel to make key strategic decisions regarding the case. Any investor who purchased Regeneron securities during the Class Period and suffered losses may move the court for appointment as lead plaintiff, but must do so no later than September 14, 2026, which is the court-established deadline for such motions. Courts generally appoint the movant with the largest financial interest in the relief sought who also satisfies the adequacy requirements of the applicable securities laws. Importantly, investors are not required to seek appointment as lead plaintiff in order to participate in or potentially share in any recovery that may result from this litigation. Those who do not seek lead plaintiff status may still submit a claim and may be eligible to receive a portion of any settlement or judgment obtained on behalf of the class. What should investors do if they purchased Regeneron stock during the Class Period? Investors who purchased Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) securities between August 1, 2025 and May 15, 2026 are encouraged to promptly review their brokerage and trading records to confirm the timing and size of their purchases and any resulting losses. Investors should take steps to preserve all relevant documentation, including trade confirmations, account statements, and any communications relating to their Regeneron holdings, as such records may be material to any future claim. Given that the lead plaintiff motion deadline is September 14, 2026, investors who wish to be considered for that role should act in advance of that date. Investors may wish to consult with Faruqi & Faruqi, LLP to better understand their legal rights and options before the deadline passes. Retaining counsel or seeking lead plaintiff status is not required to participate in any potential class recovery, but timely action is advisable to preserve all available options. Why should investors contact Faruqi & Faruqi, LLP? Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Regeneron securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313369 Source: Faruqi & Faruqi LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 16:58
1d ago
|
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Regeneron Pharmaceuticals, Inc. of Class Action Lawsuit and Upcoming Deadlines – REGN | FMP Stock News | |
|
Original source text
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Regeneron Pharmaceuticals, Inc. (“Regeneron” or the “Company”) (NASDAQ: REGN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Regeneron and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until September 14, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Regeneron securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. [Click here for information about joining the class action] On April 29, 2026, during during Regeneron’s first quarter earnings call, the Company disclosed that the Phase III Fianlimab-Libtayo Study had been altered, expanding the number of patients in the study eligible for “analysis of progression-free survival.” On this news, Regeneron’s stock price fell $45.41 per share, or 6.21%, to close at $686.36 per share on April 29, 2026. Then, on May 15, 2026, Regeneron issued a press release disclosing that the “Phase 3 Trial of Fianlimab . . . did not reach statistical significance for the primary endpoint of improvement in progression-free survival (PFS).” On this news, Regeneron’s stock price fell $68.57 per share, or 9.82%, to close at $629.68 per share on May 16, 2026. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 18:36
1d ago
|
REGN 6-DAY DEADLINE ALERT: Regeneron Pharmaceuticals, Inc. Investors Alerted to September 14, 2026 Lead Plaintiff Deadline in Class Action Lawsuit | FMP Stock News | |
|
Original source text
SAN FRANCISCO, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP alerts investors in Regeneron Pharmaceuticals (NASDAQ: REGN) that a securities class action lawsuit has been filed after its surprising revelations concerning a Phase 3 clinical trial of a therapy intended to treat patients with melanoma.The news that the trial failed drove the price of Regeneron shares sharply lower and, along with the severe market reaction ($11 billion market cap wipeout), triggered the lawsuit which seeks to represent investors who purchased or otherwise acquired shares of Regeneron common stock between August 1, 2025 and May 15, 2026. National shareholder rights firm Hagens Berman is investigating the legal claims and urges Regeneron investors with substantial losses to submit your losses now. The firm also invites persons who may be able to assist in the investigation to contact its attorneys. View our latest video summary of the allegations: youtu.be/rsW1-f8ARRs Class Period: Aug. 1, 2025 – May 15, 2026 Lead Plaintiff Deadline: Sept. 14, 2026 Visit: www.hbsslaw.com/regn Contact the Firm Now: [email protected] 844-916-0895 Regeneron Pharmaceuticals, Inc. (REGN) Securities Class Action: The litigation is focused on the propriety of Regeneron’s repeated optimism about the state of- (and changes to-) its Phase 3 trial of Fianlimab in combination with Libtayo as a first-line treatment for metastatic or locally advanced melanoma (the “Study”). The Study’s primary endpoint was progression-free survival (“PFS”) and Regeneron has characterized the combination as a “potential blockbuster.” “Events” – disease progression or death – determined the timing and statistical power of the primary PFS analysis. The complaint alleges that Regeneron made false and misleading statements while failing to disclose critical information to investors. In particular, the lawsuit accuses the company and its management of not informing investors that the Study’s preliminary statistical assumptions were flawed, the active treatment arm was not achieving meaningful differentiation over standard therapies, and achievement of its primary endpoint was unlikely. Throughout the Class Period, Regeneron and the other defendants assured investors of their confidence in the Trial’s achieving its primary endpoint even when events were slowing down. At one point, management said the slowing event rates are “because the test arms are performing well.” The truth began to emerge on April 29, 2026, when Regeneron first revealed that it decided to alter the Trial protocol such that “t]he primary analysis of progression-free survival will now consider all patients enrolled in the study with a minimum follow-up of 6 months.” One prominent analyst reportedly questioned whether the decision was made because, in contrast to management’s expressed confidence, the “underlying PFS benefit may be insufficient to show statistical significance.” Then, on May 12, 2026, Regeneron admitted that the decision to alter the Trial protocol was made in response to “slow event rates,” occurred nearly six months ago, and was “submitted it to all the global regulatory authorities in November, December timeframe.” Three days later, the final blow came. On May 15, 2026, Regeneron abruptly reported the “trial did not reach statistical significance of the primary endpoint of improvement in progression-free survival (PFS).” “We’re focused on whether Regeneron altered the Trial protocol without timely telling investors to intentionally mislead them because the defendants knew so-called blockbuster potential for the combination wasn’t really there,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation of the pending claims in the suit. If you invested in Regeneron and have substantial losses, or have knowledge that will assist the firm’s investigation, submit your losses now » If you’d like more information and answers to other frequently asked questions about the Regeneron case and the firm’s investigation, read more » Whistleblowers: Persons with non-public information regarding Regeneron should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected]. About Hagens Berman Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. Attorney Advertising. Prior results do not guarantee a similar outcome in any future case. Contact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, [email protected] A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4d42c461-d988-4a68-b62e-94e8ce45b906 Regeneron (REGN) Securities Class Action Filed - Sept 14, 2026 Lead Plaintiff Deadline - Act Now Regeneron (REGN) Securities Class Action Filed - Sept 14, 2026 Lead Plaintiff Deadline - Act Now |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 09:32
2d ago
|
Intel Climbs 5% on High-NA EUV Production Lead, ASML and Taiwan Semiconductor Advance 3% | FMP Stock News | |
|
Original source text
Intel just hit a lithography milestone that puts every rival chipmaker years behind, and the stock is surging against a falling market. Whether that lead translates into a lasting foundry turnaround is the question investors are now pricing in real…This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A deepened High-NA EUV (high numerical aperture extreme ultraviolet) collaboration is lifting Intel (NASDAQ:INTC | INTC Price Prediction) and ASML Holding (NASDAQ:ASML) in Tuesday morning trading, with the semiconductor equipment story cutting against a softer market backdrop. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.15%, so both names are climbing against a weaker tape. AI-related lithography demand is the anchor. Intel stock is up 5% to $101, extending a run that has shares up 172% year to date. Today’s catalyst is a joint update from Intel Foundry and ASML confirming that more than one million wafers have been processed on High-NA EUV equipment, including production layers of Intel’s Core Ultra processors code-named Panther Lake. That milestone puts Intel years ahead of every other logic foundry on the newest generation of ASML tools. Meanwhile, ASML stock is up 3% to $1,773, with the Dutch equipment maker’s year-to-date advance now at 67%. Taiwan Semiconductor Manufacturing (NYSE:TSM) shares are up 3% to $438, riding the same wave of AI-driven capacity demand. Panther Lake Milestone Anchors the Move Intel confirmed at its Q2 2026 report that high-volume manufacturing began for Panther Lake using ASML’s EXE High NA EUV technology, and today’s update quantifies how far that ramp has traveled. Intel said the machines are performing as expected on accuracy, speed and availability, and ASML chief executive Christophe Fouquet called Intel one of the key leaders of the industry’s adoption of High NA. That endorsement from the only vendor of leading-edge lithography carries weight for the external foundry customers Intel is still trying to sign. The economics matter for both sides. ASML is the only company supplying EUV lithography systems at commercial scale, so a rival chipmaker committing to the tools generates revenue for ASML, which is why the equipment maker and its lead customer are rising on the same headline (the power, cooling, and networking suppliers riding the same AI buildout are the subject of a free report we put together here). Intel Foundry booked $5.765 billion of revenue in Q2, up 31% year over year, even as the segment reported a $2.1 billion operating loss as its capacity investments ramp. Rivals Trail by Years Intel’s lead sits on a clear calendar. Samsung Electronics plans to bring High-NA EUV into high-volume DRAM manufacturing by 2028, and Taiwan Semiconductor plans to use it for advanced-node production starting in 2030, having previously argued the productivity gains didn’t justify the cost. That gap is the clearest technical evidence yet that Intel’s foundry turnaround rests on more than politics. ASML’s Q2 2026 results already flagged the moment. The company reported first high-volume Logic product qualification on select Intel 18A product layers, and Fouquet stated that “The maturity of the platform is improving towards the level required for insertion into high-volume manufacturing.” ASML also raised its full-year 2026 sales outlook to between €43 billion and €45 billion, with plans to add 30% to 2026 low NA EUV capacity of around 65 units for 2027. According to CNBC reporting Tuesday morning, TSMC and Samsung have both committed to ASML’s newest chipmaking tools as AI drives demand. Their commitments extend the ASML order story even as their own High-NA production ramps sit years out. What to Watch Next A second and unrelated support sits under Intel’s move today. President Trump posted an AI-generated image on Truth Social depicting himself trading Intel shares and claimed he has made hundreds of billions of dollars on stocks for the U.S., a post that offered no evidence and comes against the backdrop of the administration’s equity stake in Intel. Some of today’s flows likely trace to that political overlay alongside the lithography update itself. Intel’s foundry momentum is real, with Q2 2026 revenue of $16.13 billion, up 25.4% year over year and described as Intel’s strongest revenue growth in more than 15 years. Yet, investors sizing their positions should stay measured given how much optimism the 172% year-to-date figure already reflects. A cautious position size limits their risk if the next Panther Lake yield update disappoints. A hold above $100 for Intel stock into Tuesday’s close would show the lithography story is doing the work, and continued strength in ASML shares would be the cleanest confirmation. Traders can watch for a Q3 update from Intel on Panther Lake volumes and Intel 18A yield progression to gauge whether the foundry turnaround has passed its inflection point. Contact [email protected] for any questions or corrections. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 12:00
1d ago
|
ASML Shares Jump on Breakthrough Chipmaking Plans With Intel and TSMC | FMP Stock News | |
|
Original source text
ASML Stock Rallies as Samsung, TSMC and Intel Advance High-NA Plans SummaryA planned shift to 12-inch photomasks could raise High-NA equipment throughput by as much as 40% ASML Holding ASML gained about 2% on Tuesday as investors assessed progress by major chipmakers toward adopting the company's newest High-NA extreme ultraviolet lithography systems. Samsung Electronics, Taiwan Semiconductor Manufacturing and Intel are moving forward with plans to use the advanced equipment. The companies are also working with ASML on a shift from six-inch photomasks to a 12-inch format. ASML Holding (ASML) said the larger masks could raise High-NA system throughput by as much as 40%. Higher throughput could help chip manufacturers improve production efficiency as demand for processors used in artificial intelligence applications continues to expand. The companies are also taking a longer-term approach to the technology. Taiwan Semiconductor Manufacturing (TSM) and ASML plan to establish a 12-inch mask test line by 2031, with commercial manufacturing targeted for 2033. ASML Chief Technology Officer Marco Pieters said the larger mask format could support higher productivity from High-NA equipment. Intel (INTC) and Samsung Electronics are also participating in the development effort, highlighting broader industry interest in the next generation of lithography technology. Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 12:30
1d ago
|
Taiwan Semiconductor Just Set a New Company Record. A New All-Time High Stock Price Is Coming | FMP Stock News | |
|
Original source text
Watching company trends is a key part of investing in a stock. When a company creates a new business or sets new records, it completely changes how investors should analyze it, as the company of today is not the same as the one from five years ago. This can affect what a fair valuation is, which could lead to a soaring stock price.One company that fits this description is Taiwan Semiconductor Manufacturing (TSM +2.35%). It recently set new company records in its margin profile, and I think that primes the stock to set new all-time highs in the near future. Image source: The Motley Fool. Taiwan Semiconductor is thriving in the AI build-out Taiwan Semiconductor holds an important position in the artificial intelligence boom. None of the AI hyperscalers or the companies that provide them with computing units manufactures their own chips. Instead, they farm that work out to chip foundries like Taiwan Semiconductor. Taiwan Semiconductor is the world's largest chip foundry and has leading technology. In fact, research by The Motley Fool shows that at the end of 2025, Taiwan Semiconductor accounted for over 70% of global chip fabrication revenue. Premium Feature Moneyball Superscore 99/100 Today's Change ( 2.35 %) $ 10.09 Current Price $ 439.00 Even if some of TSMC's major clients wanted to switch away from it, they'd have a hard time finding another chip fabricator with capacity that matches what Taiwan Semiconductor offers. As a result, it's well-positioned to thrive in the AI build-out. Its position has also allowed Taiwan Semiconductor to charge a premium for its services, causing its gross profit margin to soar to new all-time highs. TSM Gross Profit Margin (Quarterly) data by YCharts This allows Taiwan Semiconductor to make a greater profit on each dollar that comes through the door, which is why its profit margins have also reached new levels. TSM Profit Margin (Quarterly) data by YCharts As a result, I'd argue that some of Taiwan Semiconductor's historical valuations no longer apply, as its new profit margin makes for a far better business that should trade at a premium valuation compared to others in the industry. However, that's not what I'm seeing, as the stock isn't priced at a particularly high premium. TSM PE Ratio (Forward) data by YCharts With Taiwan Semiconductor's stock often trading at nearly 30 times forward earnings before the year is over, there's plenty of room for upside, which could lead to a new all-time high. Taiwan Semiconductor is one of the biggest beneficiaries of the AI build-out. It's already having a positive impact on its business, and the stock price will follow closely behind. As a result, Taiwan Semiconductor is a no-brainer buy right now. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 13:30
1d ago
|
Billionaire Stanley Druckenmiller Has 2 Megacap Stocks Worth Watching (Hint: His Top Holding Isn't Amazon, Alphabet, or Nvidia) | FMP Stock News | |
|
Original source text
One of the best investors riding the artificial intelligence (AI) revolution is Stanley Druckenmiller at the Duquesne Family Office. Druckenmiller is a famous trend follower and was one of the early traders to buy into Nvidia (NVDA -2.01%) as a way to ride the AI boom.Today, Duquesne and Druckenmiller own two megacap stocks benefiting from AI infrastructure spending, but his top holding by far is an undiscovered winner in genetic testing that few investors are talking about. Stanley Druckenmiller. Image source: Getty Images. Investing in AI infrastructure Regarding AI infrastructure, Druckenmiller holds stakes in two megacap technology companies in the United States: Amazon (AMZN -0.60%) and Alphabet (GOOGL -0.03%) (GOOG +0.02%). Today, we can see these bets primarily benefiting from growing AI spending. Amazon's cloud computing division -- Amazon Web Services (AWS) -- is the leader in its sector and saw revenue grow 37% year-over-year last quarter to $42.2 billion. There is a massive backlog of spending on its AI cloud services, which power fast-growing start-ups like Anthropic and OpenAI. CEO Andy Jassy recently mentioned that AWS could grow to $1 trillion in annual revenue, driven by cloud market share gains and rising total spending on computing infrastructure worldwide. Alphabet is a bit of a different bet, as it combines the fast cloud growth with the dynamics of the consumer and enterprise AI application economy. The Google Cloud division grew revenue by 82% year-over-year to $24.8 billion, catching up quickly to AWS, though it remains much smaller. Alphabet is growing quickly with its Gemini chatbot, now serving nearly 950 million monthly users, but its Google Search division faces significant competitive pressures. Overall, these two stocks are a small % of the Duquesne portfolio today, but they have been nice long-term winners for Druckenmiller. An underfollowed top holding in genomics Notably, close to 20% of Druckenmiller's portfolio, as of his latest quarterly filing -- excluding international holdings -- is a stock called Natera (NTRA -1.23%). Natera is a disruptor in the diagnostics segment and uses its technologies for analyzing tumors and women's health during pregnancies, along with organ transplants. Premium Feature Moneyball Superscore 87/100 Today's Change ( -1.23 %) $ -4.04 Current Price $ 324.14 Last quarter, Natera's revenue grew 38% year over year to $753 million, due to an increase in tests performed. Full-year revenue guidance was raised as well. Accelerating business momentum is why the stock has been a huge winner for Druckenmiller. Duquesne first invested in Natera in Q3 of 2022, when the share price was between $35 and $50. Today, it trades at $328, closing in on about 10 times the initial cost basis (the exact figure is unknown). Natera has been a massive winner for Druckenmiller, which is why it is the largest U.S. stock he owned at the end of last quarter. Why doesn't he own Nvidia anymore? Curiously, even though he was an early bettor on Nvidia, Druckenmiller's Duquesne Family Office currently does not own any of the AI chipmaker. He said in 2024 that he sold Nvidia after it went on a massive run, with sales coming at a split-adjusted price of $80 to $90. Today, Nvidia trades at $230. The reason for the sale was valuation concerns, but he subsequently said it was a mistake not to let his winners run. Nvidia has not been in the Duquesne portfolio since early 2024. Druckenmiller's current bet on AI semiconductors is Taiwan Semiconductor Manufacturing. This is the company that actually builds Nvidia chips (Nvidia just designs them). It could be another way to take advantage of the AI trend, but with a stock trading at a more reasonable valuation and a monopoly position in advanced chipmaking at the moment. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 05:42
2d ago
|
California State Teachers Retirement System Buys 244,153,804 Shares of Abbott Laboratories $ABT | FMP Stock News | |
|
Original source text
California State Teachers Retirement System boosted its position in shares of Abbott Laboratories (NYSE:ABT – Free Report) by 9,127.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 246,828,861 shares of the healthcare product maker’s stock after purchasing an additional 244,153,804 shares during the quarter. California State Teachers Retirement System owned about 14.26% of Abbott Laboratories worth $22,397,251,000 at the end of the most recent reporting period.Several other large investors have also bought and sold shares of the company. MidAtlantic Capital Management Inc. bought a new position in Abbott Laboratories in the 4th quarter valued at approximately $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Abbott Laboratories in the 4th quarter worth $25,000. Purpose Unlimited Inc. purchased a new position in shares of Abbott Laboratories in the fourth quarter worth $25,000. Portfolio Resources Advisor Group Inc. purchased a new position in shares of Abbott Laboratories in the fourth quarter worth $26,000. Finally, Abound Financial LLC bought a new position in shares of Abbott Laboratories during the fourth quarter valued at $26,000. 75.18% of the stock is owned by hedge funds and other institutional investors. Abbott Laboratories Stock Performance NYSE:ABT opened at $108.29 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.97 and a current ratio of 1.38. The stock has a 50-day simple moving average of $104.74 and a two-hundred day simple moving average of $100.00. The firm has a market capitalization of $187.38 billion, a PE ratio of 35.05, a P/E/G ratio of 2.01 and a beta of 0.59. Abbott Laboratories has a 52-week low of $81.97 and a 52-week high of $137.49. Abbott Laboratories (NYSE:ABT – Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The healthcare product maker reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.03. The company had revenue of $12.59 billion during the quarter, compared to the consensus estimate of $12.52 billion. Abbott Laboratories had a return on equity of 17.69% and a net margin of 11.65%.The firm’s revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 EPS. Abbott Laboratories has set its Q3 2026 guidance at 1.380-1.46 EPS and its FY 2026 guidance at 5.450-5.60 EPS. Analysts forecast that Abbott Laboratories will post 5.52 EPS for the current year. Abbott Laboratories Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Wednesday, July 15th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Wednesday, July 15th. Abbott Laboratories’s dividend payout ratio (DPR) is presently 81.55%. Analyst Ratings Changes ABT has been the subject of a number of recent analyst reports. Weiss Ratings raised Abbott Laboratories from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, August 6th. Bank of America reduced their price target on shares of Abbott Laboratories from $120.00 to $102.00 in a research note on Friday, June 12th. TD Cowen boosted their price objective on shares of Abbott Laboratories from $115.00 to $135.00 and gave the company a “buy” rating in a report on Tuesday, August 25th. Piper Sandler restated an “overweight” rating and set a $118.00 price objective (up from $115.00) on shares of Abbott Laboratories in a research report on Friday, July 17th. Finally, BTIG Research raised their target price on shares of Abbott Laboratories from $131.00 to $134.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $119.50. Read Our Latest Stock Analysis on Abbott Laboratories Abbott Laboratories Profile (Free Report) Abbott Laboratories is a global healthcare company headquartered in Abbott Park, Illinois, that develops, manufactures and markets a broad portfolio of medical products and services. Founded in 1888, Abbott operates through multiple business areas that focus on diagnostics, medical devices, nutritionals and established pharmaceuticals. The company supplies hospitals, clinics, laboratories, retailers and direct-to-consumer channels with products intended to diagnose, treat and manage a wide range of health conditions. In diagnostics, Abbott provides laboratory and point-of-care testing platforms and assays used to detect infectious diseases, chronic conditions and biomarkers; its Alinity family of instruments and rapid-test solutions are examples of this capability. Recommended Stories Five stocks we like better than Abbott Laboratories 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Receive News & Ratings for Abbott Laboratories Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abbott Laboratories and related companies with MarketBeat.com's FREE daily email newsletter. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 08:00
2d ago
|
Abbott receives FDA approval for its TactiFlex™ Duo Ablation Catheter to treat people with abnormal heart rhythms | FMP Stock News | |
|
Original source text
Abbott's TactiFlex™ Duo Ablation Catheter, Sensor Enabled™ combines pulsed field ablation (PFA) and radiofrequency (RF) energy in a single catheter to treat complex atrial fibrillation (AFib) cases Strong clinical evidence demonstrates the device's high rates of safety and effectiveness in treating AFib patients FDA approval of TactiFlex Duo strengthens Abbott's expanding PFA portfolio following recent cardiac ablation approvals in the U.S., Europe, Asia and Latin America , /PRNewswire/ -- Abbott, the global healthcare leader, announced today it has received U.S. Food and Drug Administration (FDA) approval for the TactiFlex™ Duo Ablation Catheter, Sensor Enabled™ to treat patients with challenging cases of atrial fibrillation (AFib). The U.S. approval of this dual-energy catheter, the latest generation of Abbott's cardiac ablation technology, marks a significant milestone in Abbott's commitment to advancing therapies that help physicians treat complex heart rhythms with greater precision and flexibility. Abbott will soon begin cases with broader commercial adoption across the country in the coming weeks.Why cardiac ablation matters for people with AFib For the 10.5 million people in the U.S. who live with a heart that beats too fast, too slow or in an irregular way, treatment is critical as AFib increases the risk of serious complications, including stroke.1,2 While many people are treated with medications, others require cardiac ablation, a minimally invasive procedure that targets the tissue responsible for abnormal electrical signals in the heart. TactiFlex Duo is Abbott's latest ablation catheter designed to give physicians more flexibility when treating AFib. The technology allows physicians to use pulsed field ablation (PFA), radiofrequency (RF) energy, or a combination of both during a procedure, helping them tailor treatment to each patient's needs. Abbott's EnSite™ X EP System also provides physicians with real-time feedback as an integrated mapping solution with the PFA Index (PI), a tool designed to assess lesion formation during ablation with TactiFlex Duo. The dual-energy approach means physicians can create precise therapeutic lesions, or small areas of scar tissue, that block the abnormal electrical signals causing an irregular heartbeat while helping minimize the impact on surrounding healthy tissue. Successfully treating these areas can help restore the heart's normal rhythm and improve outcomes for patients living with AFib. "Electrophysiology is rapidly evolving as physicians adopt new technologies that improve the safety and effectiveness of AFib treatment," said Atul Verma, M.D., Director of Cardiology at the McGill University Health Centre in Montreal, Canada, and a globally recognized expert in pulsed field ablation technology. "TactiFlex Duo provides physicians with greater flexibility during procedures, and when it is combined with the high-resolution 3D visualization available through Abbott's EnSite X mapping system, physicians have a suite of practice-changing tools to confidently treat patients with complex AFib." Safety and effectiveness data support TactiFlex Duo FDA approval The FDA approval of TactiFlex Duo was secured based on the results from Abbott's FlexPulse IDE study. Late-breaking data from the study recently presented at the European Society of Cardiology (ESC) Congress 2026, which was simultaneously published in EP Europace, showed favorable safety and effectiveness outcomes in patients with paroxysmal AFib (irregular heart rhythm episodes that come and go). "TactiFlex Duo represents an important advancement as Abbott builds the industry's most comprehensive electrophysiology portfolio," said Uri Yaron, senior vice president of Abbott's electrophysiology business. "From diagnosis, mapping and intracardiac ultrasound imaging to advanced treatments for the most complex arrhythmias, Abbott is uniquely positioned to support physicians at every stage of patient care. By continuing to expand our PFA portfolio and integrate innovative technologies across cardiovascular care, we're helping physicians navigate increasingly complex procedures while ensuring more patients receive the right care at the right time." Regulatory momentum across Abbott's PFA portfolio The U.S. FDA approval of TactiFlex Duo further expands Abbott's portfolio of technologies designed to help physicians treat patients with cardiac arrhythmias. It is the company's fifth major electrophysiology approval in just over a year, following Europe's Amulet 360™ and TactiFlex Duo CE Mark approvals this year, and U.S. and European approvals of the Volt™ PFA System in 2025. Frequently Asked Questions What is TactiFlex Duo? TactiFlex Duo is an advanced cardiac ablation catheter designed to treat irregular heart rhythms. Its dual-energy feature combines pulsed field ablation (PFA) and radiofrequency (RF) energy in a single device, allowing physicians to tailor treatment to each patient's unique needs during AFib ablation procedures. How do physicians know the precise locations in the heart to treat patients with TactiFlex Duo? TactiFlex Duo is integrated with Abbott's EnSite X EP System, a sophisticated mapping system that creates highly detailed three-dimensional maps of the heart to help doctors find and treat the source of an irregular heartbeat. Working together with Abbott's Advisor™ HD Grid X mapping catheter, ViewFlex™X ICE (intracardiac echocardiography) catheter and EnSite Echo Module, the integrated portfolio is designed to give physicians real-time images of the ablation catheter's positioning and movement, and a digital model of the patient's heart throughout a procedure. The EnSite X EP System also provides physicians with real-time information – called PFA index – which shows how the small areas of scar tissue created by TactiFlex Duo's pulsed field energy develop during an ablation procedure.3 Who may need an ablation using TactiFlex Duo? Patients with atrial fibrillation, particularly those with complex anatomy, prior or failed ablations or other challenging clinical situations, may benefit from treatment with TactiFlex Duo as determined by their physician. What are the patient benefits of being treated with TactiFlex Duo? The catheter offers physicians greater procedural flexibility and precision through dual-energy capabilities, helping treat irregular heart rhythms while reducing the potential for damage to surrounding tissue. Clinical data has shown the technology to be safe and effective. For U.S. important safety information go to: TactiFlex Duo Ablation Catheter, Sensor Enabled Volt™ PFA System EnSite™ X EP System Advisor HD Grid X Mapping Catheter, Sensor Enabled™ ViewFlex X ICE Catheter, Sensor Enabled™ and EnSite Echo Module The Amulet 360™ Left Atrial Appendage Occluder is approved for investigational use only in the U.S. About Abbott Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic 3 medicines. Our 122,000 colleagues serve people in more than 160 countries. Connect with us at www.abbott.com and on LinkedIn, Facebook, Instagram, X and YouTube. ________________________________ 1 Noubiap JJ, Tang JJ, Teraoka JT, Dewland TA, Marcus GM. Minimum National Prevalence of Diagnosed Atrial Fibrillation Inferred From California Acute Care Facilities. J Am Coll Cardiol. 2024;84(16):1501-1508. doi:10.1016/j.jacc.2024.07.014. 2 About Atrial Fibrillation. Centers for Disease Control. (n.d.). About Atrial Fibrillation | Heart Disease | CDC. 3 Friedman, et al. (2025 September) Development of a PFA index to guide energy delivery with a force sensing flexible, irrigated tip catheter [Oral presentation]. ESC 2025, Madrid, Spain. SOURCE Abbott |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 18:51
1d ago
|
Here's Why Abbott (ABT) Fell More Than Broader Market | FMP Stock News | |
|
Original source text
Abbott (ABT - Free Report) closed at $105.52 in the latest trading session, marking a -2.59% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.58% for the day. At the same time, the Dow lost 1.18%, and the tech-heavy Nasdaq lost 0.32%.The maker of infant formula, medical devices and drugs's stock has dropped by 0.27% in the past month, falling short of the Medical sector's gain of 2.73% and outpacing the S&P 500's loss of 0.36%. The investment community will be closely monitoring the performance of Abbott in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.43, marking a 10% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $12.91 billion, showing a 13.52% escalation compared to the year-ago quarter. For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.52 per share and a revenue of $50.32 billion, signifying shifts of +7.18% and +13.51%, respectively, from the last year. Investors should also note any recent changes to analyst estimates for Abbott. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.03% higher. As of now, Abbott holds a Zacks Rank of #3 (Hold). In terms of valuation, Abbott is presently being traded at a Forward P/E ratio of 19.62. For comparison, its industry has an average Forward P/E of 20.55, which means Abbott is trading at a discount to the group. One should further note that ABT currently holds a PEG ratio of 2.01. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. ABT's industry had an average PEG ratio of 1.88 as of yesterday's close. The Medical - Products industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 89, positioning it in the top 37% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 10:26
2d ago
|
Novo Nordisk's Semaglutide Meets Goal in Pediatric Obesity Study | FMP Stock News | |
|
Original source text
Key Takeaways NVO's STEP Young study showed greater BMI reduction with semaglutide versus placebo at week 68.40.4% of children on semaglutide were no longer classified as having obesity after week 68.Semaglutide's safety profile was consistent with prior pediatric and adult studies, with no new concerns. Novo Nordisk (NVO - Free Report) announced positive data from the phase III STEP Young study evaluating once-weekly subcutaneous semaglutide, in combination with a reduced-calorie diet and increased physical activity, in children with obesity aged six to under 12 years.More on the STEP Young Study DataThe phase III STEP Young study met its primary endpoint by demonstrating a greater reduction in body mass index (BMI) at week 68 following treatment with semaglutide versus placebo. Both treatment groups received lifestyle modification, including a reduced-calorie diet and increased physical activity. Importantly, 40.4% of children who were treated with once-weekly subcutaneous semaglutide were no longer classified as having obesity after week 68, compared with none in the placebo group. More than 85% of children had class II or III severe obesity at baseline. Per the company, two out of five children treated with semaglutide reduced their BMI below the obesity threshold, reaching either a normal-weight or overweight classification, compared with none of the children receiving placebo. The overall safety and tolerability profile of semaglutide seen in the STEP Young study was consistent with prior pediatric and adult studies, with no new safety concerns reported. The company plans to present detailed data from the phase III STEP Young study at the Obesity Society’s annual meeting in November. NVO’s Price PerformanceYear to date, shares of Novo Nordisk have declined 5.3% against the industry’s rise of 16.4%. Image Source: Zacks Investment Research NVO Thrives on Semaglutide-Based MedicinesNovo Nordisk markets its semaglutide-based medicines under the brand names Ozempic (injection and oral pill) and Rybelsus (oral tablet) for type II diabetes (T2D), and Wegovy (injection and oral pill) for chronic weight management. The company’s semaglutide-based medicines continue to demonstrate benefits beyond blood sugar control and weight loss, including reducing cardiovascular (CV) risk and improving kidney disease outcomes. Novo Nordisk has been witnessing strong success with its GLP-1 medicines, Wegovy for obesity and Ozempic and Rybelsus for T2D. In the first half of 2026, total reported Obesity care sales increased 20% year over year in DKK, or 24% at constant exchange rates, driven by higher sales across the Wegovy portfolio, including incremental sales from the newly launched Wegovy pill. In late December, the FDA approved NVO’s 25 mg oral semaglutide (Wegovy pill) for obesity and CV disease, which was subsequently launched in early January. The Wegovy pill is also approved in the EU. NVO Faces Rising Competitive PressureNovo Nordisk faces intense competition from Eli Lilly (LLY - Free Report) in the obesity market. Lilly's Mounjaro for T2D and Zepbound for obesity have earlier demonstrated superior weight-loss efficacy in clinical studies, allowing the company to gain market share steadily. Despite being on the market for a shorter duration, these drugs have become LLY’s key top-line drivers. Lilly has also secured FDA approval for its oral GLP-1 drug, orforglipron, for adults with obesity or overweight with weight-related medical problems, marketed under the brand name Foundayo. While Novo Nordisk and Eli Lilly currently dominate this space, smaller biotechs like Structure Therapeutics (GPCR - Free Report) and Viking Therapeutics (VKTX - Free Report) are also advancing GLP-1–based therapies for treating obesity. Viking Therapeutics’ dual GIPR/GLP-1 receptor agonist (RA), VK2735, is being developed in both oral and subcutaneous formulations for the treatment of obesity. VKTX plans to advance oral VK2735 into phase III development for obesity in the fourth quarter of 2026. Structure Therapeutics’ phase II ACCESS program on its orally administered small molecule GLP-1 RA, aleniglipron, demonstrated significant weight loss across all doses. Based on such encouraging results, GPCR has initiated dosing patients in its late-stage ACCOMPLISH program to evaluate aleniglipron for chronic weight management. NVO Zacks RankNovo Nordisk currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 10:31
2d ago
|
Wall Street Bulls Look Optimistic About Lilly (LLY): Should You Buy? | FMP Stock News | |
|
Original source text
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Eli Lilly (LLY - Free Report) . Lilly currently has an average brokerage recommendation (ABR) of 1.45, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 30 brokerage firms. An ABR of 1.45 approximates between Strong Buy and Buy. Of the 30 recommendations that derive the current ABR, 22 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 73.3% and 10% of all recommendations. Brokerage Recommendation Trends for LLY Check price target & stock forecast for Lilly here>>> While the ABR calls for buying Lilly, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. Is LLY Worth Investing In?In terms of earnings estimate revisions for Lilly, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $35.93. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Lilly. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Lilly. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 13:08
1d ago
|
Amgen Falls 10% as Novartis Trial Failure Clouds a Cholesterol Drug Class; NVS Stock Drops 14% | FMP Stock News | |
|
Original source text
Novartis just handed the entire Lp(a) drug class a failing grade, and Amgen is taking the worst of the punishment despite releasing promising trial results of its own on the very same morning.A failed cholesterol trial from Novartis (NYSE:NVS | NVS Price Prediction) is dragging the Lp(a) drug class lower and hitting Amgen (NASDAQ:AMGN) harder than any large-cap peer in Tuesday trading. The selloff is unfolding even as Amgen posted a positive Phase 3 readout of its own in small cell lung cancer, an unusual split that captures how brutally the market can price competitor risk in biotech. Amgen stock is down 10% to $394.38 at midday, interrupting a gain of 23% year to date (YTD) heading into the session. The move carries added weight because Amgen holds the fourth-largest position in the Dow Jones Industrial Average, so today’s decline pressures that index alongside health care specifically. Meanwhile, Eli Lilly (NYSE:LLY) shares are down 2% to $1,124.77 on read-through concerns about its own Lp(a) program. As for Novartis stock, it’s tumbling 14% to $137.63 on Tuesday afternoon. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.37%, so today’s pharma-sector pain isn’t washing across the broad tape. That gap between the biotech names and the benchmark tells you the market is pricing pipeline risk at the sector level. Pelacarsen Miss Rattles the Lp(a) Class Novartis said last Thursday that pelacarsen, an experimental heart drug developed with Ionis Pharmaceuticals, failed to reduce cardiovascular risk in a late-stage trial. The Novartis 8,323-patient Phase III study lowered Lp(a) levels while missing its primary composite endpoint covering cardiovascular death, non-fatal heart attack, non-fatal stroke, and urgent coronary revascularization. Citi analysts said the Lp(a) hypothesis has been weakened, with additional data needed to establish whether the shortfall came from the drug’s mechanism, the trial’s design, or the underlying idea that lowering Lp(a) reduces cardiovascular risk. Amgen and Eli Lilly are both developing Lp(a)-lowering therapies using different technical approaches, so a class-defining failure at a rival forces investors to reweight the odds on every remaining program. Amgen’s Own Trial Delivered a Win Here’s the wrinkle the market is missing. Amgen also announced this morning that its Phase 3 DeLLphi-305 study met its primary endpoint, showing a statistically significant improvement in overall survival for IMDELLTRA. AstraZeneca (NASDAQ:AZN) partly funded the study and supplied Imfinzi, the comparator in the trial. Amgen’s IMDELLTRA-plus-Imfinzi regimen is being studied as a first-line maintenance treatment in extensive stage small cell lung cancer, one of the toughest settings in oncology. The readout arrived with hard survival data, an endpoint that carries commercial weight immediately, while a mechanistic Lp(a) result needs another round of confirmation. Amgen’s cholesterol franchise still matters here. Repatha, its PCSK9 inhibitor, generated Q1 2026 revenue of $876 million on 34% year over year (YoY) growth and 35% volume growth, making it one of Amgen’s fastest-growing brands. Its longer-dated Lp(a) bet, Olpasiran, sits in the Phase 3 OCEAN(a)-Outcomes cardiovascular outcomes trial, and it’s now the pipeline asset most exposed to today’s class re-rating, according to Amgen. The Health Care Select Sector SPDR ETF (NYSEARCA:XLV) carries Amgen and Eli Lilly as major holdings. A same-day selloff in both names weighs on the fund, even though Novartis isn’t a listed component of the ETF. Scorecard on the Session Ticker Session Move YTD AMGN -10% +21% LLY -2% +5% NVS -14% -0.76% The gap between the size of Amgen stock’s decline and the modest moves elsewhere shows the market is treating today as a program-level revaluation for the Lp(a) class. Amgen’s YTD anchor is included because the interrupted rally frames the setback in the context of what had been a strong year. What to Watch Next Amgen stock is being punished for a competitor’s failed trial on the same morning its own trial succeeded, and holding both facts at once is the whole exercise. A pipeline is priced on expected approvals, and the pelacarsen miss lowers the odds on the Olpasiran program Amgen has invested years in. The DeLLphi-305 readout, however, sits closer to commercialization and delivered concrete survival data. Eli Lilly stock’s shallower decline is a reminder that these are different molecules at different stages, and a class-wide selloff prices them as if they were the same bet. Lilly’s VERVE-102 base editor showed a single dose reduced PCSK9 by up to 88% and LDL-C by up to 62% with durable effects, a mechanism distinct from pelacarsen’s antisense approach. Whether that mechanistic distance ultimately shields Lilly’s cardiovascular program depends on how the Lp(a) hypothesis holds up in the next set of trial readouts across the industry. Investors sizing their exposure to large-cap pharma may want to keep their positions moderate until follow-up commentary lands from cardiology leaders, since the distinction between a failed drug and a failed idea can’t be settled from a single topline result. Moreover, traders can watch for Amgen’s presentation at the 2026 Wells Fargo Healthcare Conference as the next scheduled catalyst that could reframe the Lp(a) narrative. Contact [email protected] for any questions or corrections. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 14:00
1d ago
|
Invesco Pharmaceuticals vs iShares Healthcare: Which Healthcare ETF Brings Better Profits | FMP Stock News | |
|
Original source text
The Invesco Pharmaceuticals ETF (PJP -1.99%) concentrates specifically on a narrow group of 27 pharmaceutical companies, while the iShares U.S. Healthcare ETF (IYH -2.40%) provides broader sector exposure with 100 holdings and a lower expense ratio.Healthcare is often viewed as a defensive sector, but it encompasses everything from mature dividend-paying giants to speculative biotechnology firms. Choosing between a specialized fund like the Invesco Pharmaceuticals ETF and a broad-market equivalent like the iShares U.S. Healthcare ETF involves weighing the benefits of concentration against the stability of diversification. Snapshot (cost & size)MetricPJPIYHIssuerInvescoiSharesShare price$128.79 (as of 2026-08-27)$72.63 (as of 2026-08-27)Expense ratio0.57%0.37%1-yr return (as of 2026-08-27)43.1%27.4%Dividend yield0.8%1.1%Beta0.450.58AUM$540.6 million$3.9 billionBeta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield as of the end of trading on Aug. 27, 2026. Cost is a primary differentiator. The iShares U.S. Healthcare ETF is more affordable with its 0.37% expense ratio, which is nearly 0.2 percentage points lower than the Invesco fund. For income-seekers, the iShares fund also provided a higher payout over the past year. Performance & risk comparisonMetricPJPIYHMax drawdown (5 yr)(17.5%)(17.9%)Growth of $1,000 over 5 years (total return)$1,667$1,322What's insideThe iShares U.S. Healthcare ETF offers exposure across the broad healthcare landscape, including sectors like medical equipment and biotechnology. Its largest positions include Eli Lilly & Co (LLY -2.21%) at 14.5%, Johnson & Johnson (JNJ -2.22%) at 10%, and Abbvie Inc (ABBV -3.00%) at 7.1%. The portfolio contains 100 holdings, and it was launched in 2000. This fund has paid $0.80 per share over the trailing 12 months, which, on its recent ~$72.63 share price, works out to a 1.1% yield. In contrast, the Invesco Pharmaceuticals ETF is more concentrated, holding 27 stocks with a strict focus on companies involved in drug research and development. Its top holdings include Amgen Inc (AMGN -10.08%) at 5.7%, Abbott Laboratories (ABT -2.59%) at 5.7%, and Merck & Co (MRK -1.24%) at 5.5%. Because it focuses on a much smaller portfolio, it takes larger relative stakes in these individual drugmakers. Launched in 2005, this fund has paid $1.06 per share over the trailing 12 months, which on its recent ~$128.79 share price works out to a 0.8% yield. For more guidance on ETF investing, check out the full guide at this link. Which looks like the better buy?Both these ETFs offer exposure to the healthcare sector and are alike in many ways. The similarities: Both funds are almost all (99%-plus) in U.S. stocks, both have the same 8 stocks in their top 10 holdings (although at different weightings) with roughly half of their assets dedicated to their top 10 -- 49% for PJP and 59% for IYH. Still, they do have some differences investors should take into account when weighing whether to invest. IYH, the fund with the larger set of component stocks, is quite weighted toward large caps, at 71% of the portfolio, with 24% in mid caps and 6% in small caps (numbers exceed 100% due to rounding). By comparison, PJP is 45% large caps, 15% mid caps, and 40% in small caps. That makes PJP a more aggressive portfolio, since small caps should be more volatile, although the maximum 5-year drawdown, as noted in the table above, shows PJP is actually less volatile than its iShares rival. Indeed, the structure or management -- or both -- of PJP appears to work quite well for investors, beating iShares' IYH ETF in most time periods. Year-to-date, for instance, PJP is up 16.4% to IYH's 14.5% return. Over the 3-year and 5-year periods, PJP wins out with annualized returns of 19.2% and 10.3%, respectively, compared to 10% and 5.5% for IYH. The iShares fund does have a better 10-year performance, at 10.5% vs. 8.1% annualized return. While IYH is appealing for its better 10-year return, PJP's consistent outperformance since and its lighter maximum drawdown suggest PJP is the ETF to add to your portfolio. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 14:30
1d ago
|
Is the iShares Pharmaceuticals ETF or iShares Healthcare ETF the Better Fund for 2026? | FMP Stock News | |
|
Original source text
IHE's concentrated pharma focus delivered 50% gains versus IYH's 27.4%, though the broader healthcare fund offers more diversification and $3.9B in assets. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 18:51
1d ago
|
Here's Why Eli Lilly (LLY) Fell More Than Broader Market | FMP Stock News | |
|
Original source text
In the latest close session, Eli Lilly (LLY - Free Report) was down 2.21% at $1,123.91. This change lagged the S&P 500's 0.58% loss on the day. At the same time, the Dow lost 1.18%, and the tech-heavy Nasdaq lost 0.32%.Shares of the drugmaker have depreciated by 6.7% over the course of the past month, underperforming the Medical sector's gain of 2.73%, and the S&P 500's loss of 0.36%. Analysts and investors alike will be keeping a close eye on the performance of Eli Lilly in its upcoming earnings disclosure. The company's earnings report is set to go public on October 29, 2026. It is anticipated that the company will report an EPS of $9.56, marking a 36.18% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $22.08 billion, indicating a 25.46% increase compared to the same quarter of the previous year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $35.93 per share and a revenue of $88.27 billion, indicating changes of +48.41% and +35.42%, respectively, from the former year. Investors should also pay attention to any latest changes in analyst estimates for Eli Lilly. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Eli Lilly boasts a Zacks Rank of #3 (Hold). Looking at its valuation, Eli Lilly is holding a Forward P/E ratio of 31.99. This expresses a premium compared to the average Forward P/E of 17.92 of its industry. It is also worth noting that LLY currently has a PEG ratio of 1.44. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Large Cap Pharmaceuticals industry currently had an average PEG ratio of 2.27 as of yesterday's close. The Large Cap Pharmaceuticals industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 102, placing it within the top 42% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 05:07
2d ago
|
Continuum Advisory LLC Decreases Holdings in Danaher Corporation $DHR | FMP Stock News | |
|
Original source text
Continuum Advisory LLC lowered its position in Danaher Corporation (NYSE:DHR – Free Report) by 87.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 481 shares of the conglomerate’s stock after selling 3,498 shares during the period. Continuum Advisory LLC’s holdings in Danaher were worth $92,000 as of its most recent SEC filing.Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Main Street Group LTD purchased a new stake in shares of Danaher in the 1st quarter worth about $25,000. N.E.W. Advisory Services LLC purchased a new position in Danaher during the 2nd quarter valued at about $25,000. JPL Wealth Management LLC purchased a new position in Danaher during the 3rd quarter valued at about $25,000. WFA of San Diego LLC acquired a new position in Danaher during the second quarter worth about $26,000. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Danaher in the fourth quarter valued at about $27,000. 79.05% of the stock is owned by institutional investors and hedge funds. Danaher Trading Down 0.1% Shares of DHR opened at $207.46 on Tuesday. Danaher Corporation has a fifty-two week low of $160.93 and a fifty-two week high of $242.80. The company has a market capitalization of $145.84 billion, a PE ratio of 36.85, a price-to-earnings-growth ratio of 2.59 and a beta of 0.78. The stock has a fifty day moving average of $202.03 and a two-hundred day moving average of $192.15. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.25 and a current ratio of 1.65. Danaher (NYSE:DHR – Get Free Report) last announced its quarterly earnings data on Monday, July 20th. The conglomerate reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.09. Danaher had a return on equity of 11.04% and a net margin of 15.95%.The business had revenue of $6.26 billion during the quarter, compared to the consensus estimate of $6.12 billion. During the same quarter in the previous year, the business earned $0.77 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, analysts forecast that Danaher Corporation will post 8.53 EPS for the current year. Analysts Set New Price Targets Several analysts have recently commented on DHR shares. DZ Bank began coverage on shares of Danaher in a research report on Wednesday, June 3rd. They issued a “buy” rating and a $210.00 price target on the stock. HSBC reduced their target price on Danaher from $270.00 to $230.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Guggenheim lowered their target price on Danaher from $235.00 to $200.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. Piper Sandler assumed coverage on Danaher in a report on Thursday, June 11th. They issued a “neutral” rating and a $200.00 price target for the company. Finally, Wells Fargo & Company reduced their price objective on Danaher from $212.00 to $195.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $228.91. Get Our Latest Stock Report on Danaher About Danaher (Free Report) Danaher Corporation (NYSE: DHR) is a global science and technology company that designs, manufactures and markets products and services for the life sciences, diagnostics, and environmental and applied markets. The company organizes its operations into business segments focused on Life Sciences, Diagnostics, and Environmental & Applied Solutions, supplying instruments, reagents, software and related services that support research, clinical testing, biopharmaceutical development, and industrial and environmental monitoring. Products and services in Danaher’s portfolio include analytical and diagnostic instruments, laboratory consumables and reagents, digital and software solutions for workflow and data management, field and industrial monitoring equipment, and service and maintenance programs. Recommended Stories Five stocks we like better than Danaher 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding DHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Danaher Corporation (NYSE:DHR – Free Report). Receive News & Ratings for Danaher Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Danaher and related companies with MarketBeat.com's FREE daily email newsletter. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 10:01
2d ago
|
Is Medtronic Worth Buying as Growth Improves but Risks Stay Elevated? | FMP Stock News | |
|
Original source text
Key Takeaways Medtronic's organic growth broadened across Cardiovascular, Medical Surgical and Neuroscience.Medtronic raised fiscal 2027 organic revenue growth guidance to 7.25%-7.75%.Medtronic faces margin sensitivity, currency exposure and portfolio execution demands. Medtronic plc (MDT - Free Report) is entering fiscal 2027 with broader revenue growth, higher earnings guidance and a valuation near its historical norm. Those positives improve the investment case, but they do not remove questions around margins, foreign exchange and execution.The stock therefore sits between improving fundamentals and still-elevated operating risk. Investors have more evidence that growth is becoming durable, yet the current setup still argues for selectivity rather than an aggressive stance. Medtronic’s Growth Case Is Getting StrongerFiscal 2027 first-quarter organic revenue increased 13.7%, although the extra selling week contributed about 670 basis points to growth. Cardiovascular rose 18.9% organically, Medical Surgical gained 10.2% and Neuroscience advanced 9.3%, showing that performance was not confined to one franchise. Cardiac Ablation Solutions remained a major driver, rising 88% worldwide, while Cardiac Rhythm Management, Cranial & Spinal Technologies and Surgical also delivered solid growth. Management raised full-year organic revenue growth guidance to 7.25%-7.75% from 6.75%-7.25%, reinforcing expectations for a stronger fiscal year. Image Source: Zacks Investment Research MDT Still Faces Margin and Execution RisksThe margin path remains less straightforward. Product mix was unfavorable by 50 basis points in the first quarter, mainly because of Diabetes and Cardiac Ablation Solutions. Adjusted operating margin expanded only 10 basis points to 23.7% as Medtronic continued spending on commercialization, acquisitions and growth platforms. Tariffs were a slight headwind because payments were largely offset by refunds, but management has not assumed future refunds in its outlook. Foreign exchange is expected to create a $50-$150 million revenue headwind for fiscal 2027. The planned MiniMed separation before fiscal year-end adds another execution variable. Medtronic Trades Near Its Five-Year Median MultipleMedtronic trades at 15.42X forward 12-month earnings, close to its five-year median of 15.72X. That level is below the cited sub-industry multiple of 16.92X, the Medical sector’s 21.30X and the S&P 500’s 20.10X. Image Source: Zacks Investment Research The discount offers some valuation support, but it is not large enough to make execution concerns irrelevant. With the stock already up 17.4% in the past three months, further upside may depend more on sustained growth and margin delivery than on multiple expansion. MDT’s Earnings Outlook Supports a Hold-or-Buy DebateAdjusted first-quarter earnings of $1.45 per share increased 15.1% year over year and beat the Zacks Consensus Estimate by 4.3%. Medtronic raised fiscal 2027 adjusted earnings guidance to $5.94-$6.00, while the consensus estimate is $5.96 for the current fiscal year and $6.36 for fiscal 2028. Competition remains active in key growth markets. Abbott Laboratories (ABT - Free Report) reported 13.4% comparable Electrophysiology growth in second-quarter 2026, while Boston Scientific Corporation (BSX - Free Report) posted 9.1% organic Electrophysiology growth in the same period, underscoring the intensity around cardiac ablation and related technologies. Medtronic’s Scores Favor SelectivityThe bottom line is that Medtronic’s operating picture has improved enough to support continued interest, but the risk-reward balance is not one-sided. Better revenue breadth and a firmer earnings outlook are offset by margin sensitivity, currency exposure and portfolio execution demands. The stock currently carries a Zacks Rank #3 (Hold). Its Value Score of B and VGM Score of B are favorable, while the Growth Score of C and Momentum Score of C are more neutral. Because Zacks Style Scores are designed to complement the Zacks Rank, that combination supports a patient stance while investors watch whether stronger growth translates into more durable earnings and margin progress. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 16:00
1d ago
|
2 Beaten-Down Stocks to Buy and Hold for the Next 10 Years | FMP Stock News | |
|
Original source text
Even though major U.S. stock market indexes sit near all-time highs, it's possible to find beaten-down companies worth investing in. Consider Medtronic (MDT -1.89%) and MercadoLibre (MELI -2.63%), both leaders in their respective fields. These corporations have faced some challenges, but they remain excellent buy-and-hold options, despite lagging the market lately. Let me explain.Image source: Getty Images. 1. Medtronic After spending most of the first half of the year moving south, Medtronic has been rebounding over the past three months. The company's financial results have something to do with that. Take the medical device specialist's first-quarter 2027 update for the period ended July 31. Medtronic’s revenue jumped 13.7% year over year -- a strong showing for the company -- to $9.8 billion. The healthcare leader's adjusted earnings per share (EPS) were $1.45, up 15.1% year over year. Medtronic also raised its revenue growth and EPS guidance for its full fiscal year 2027. It was a beat-and-raise quarter for the company, which explains why its shares jumped after its earnings release. Still, Medtronic stock is down 2% year to date as of writing, while the S&P 500 has gained 12%. At current levels, the stock might be a steal, especially for investors focused on the long game. Medtronic is riding the wave of several growth drivers, will benefit from others in the medium term, and is also working to improve margins. Premium Feature Moneyball Superscore 75/100 Today's Change ( -1.89 %) $ -1.78 Current Price $ 92.39 Right now, the company's cardiac ablation (a procedure that treats irregular heartbeats) solutions are doing much of the heavy lifting, thanks to innovative products it has launched in this niche in recent years. In the company's first quarter, cardiac ablation solutions revenue jumped 88% year over year. Further, over the next few years, Medtronic should see its Hugo robotic-assisted surgery system gain traction and begin meaningfully contributing to its financial results, especially given the large addressable market in this field. And the company's planned separation of its diabetes care segment should help boost margins, since this unit has lower operating margins. Medtronic looks well-positioned to continue posting solid financial results while maintaining its dividend program. The company has raised its payouts for 49 consecutive years, an impressive achievement that puts it close to joining the ranks of Dividend Kings, or corporations with at least 50 consecutive annual payout increases. Medtronic is an excellent buy-and-hold option for long-term income seekers. 2. MercadoLibre MercadoLibre has faced increased competition in the e-commerce market in South America. The company has responded by making significant investments in the business that are currently harming profits and margins. For instance, MercadoLibre has expanded free shipping offerings (by lowering the threshold for eligible transactions) in some markets. The e-commerce specialist is also doubling down on its fintech ambitions. MercadoLibre is expanding credit card offerings across various regions, an initiative that is reducing net income due to expected credit loss provisions. In the second quarter, MercadoLibre's revenue grew by almost 50% year over year to $10.2 billion. But the company's EPS dropped to $9.19, down from the $10.31 reported in the year-ago period. Despite the challenges -- and the reduced bottom line -- MercadoLibre is a great stock to buy. Here are three reasons why. First, MercadoLibre's initiatives, including expanded free shipping, have worked wonders for other e-commerce specialists by boosting gross merchandise volume and revenue. MercadoLibre has also benefited from similar efforts in the past, and its most recent attempts are already positively impacting financial results. Premium Feature Moneyball Superscore 86/100 Today's Change ( -2.63 %) $ -52.11 Current Price $ 1,926.25 Second, the e-commerce leader's efforts should expand its ecosystem and competitive moat. MercadoLibre benefits from network effects and high switching costs. A larger pool of customers and merchants, combined with broader fintech offerings, can strengthen the company's moat. Third, there is a vast runway for growth in the markets where MercadoLibre operates. The company points out, for instance, that a substantial percentage of people in some of the regions where it does business are underbanked. MercadoLibre will also benefit from the continued growth of the e-commerce market. The stock is down 18% over the past year, but the company's future seems bright. Investors should consider initiating a position before the stock bounces back. |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 16:15
1d ago
|
Medtronic plc (MDT) Presents at Wells Fargo 21st Annual Healthcare Conference Transcript | FMP Stock News | |
|
Original source text
Medtronic plc (MDT) Presents at Wells Fargo 21st Annual Healthcare Conference Transcript |
|||
|
Saved
2026-09-09 09:24
1d ago
Published
2026-09-08 23:03
1d ago
|
Medtronic Touts AI, Robotics and Ablation Growth at Wells Fargo Conference | FMP Stock News | |
|
Original source text
Medtronic’s Stars Are Aligning for a Price RecoveryMedtronic NYSE: MDT executives said the medical device maker is seeing accelerating growth across major franchises and emerging product categories, supported by innovation in artificial intelligence, robotics and new therapies.Speaking at the Wells Fargo Healthcare Conference, Chairman and Chief Executive Officer Geoff Martha said medical technology is benefiting from innovations that can improve outcomes while potentially lowering costs and expanding patient access. He described AI and robotics as “force multipliers” that enable the company to diagnose conditions earlier and personalize treatment at scale. Get Medtronic alerts: Medtronic Bottoms, Healthy Rebound AheadMartha said Medtronic’s AI applications are centered on structured physiological, device and procedure data rather than broad large-language-model applications. He pointed to GI Genius, the company’s AI-supported colonoscopy technology, as an example. In the U.S., he said the technology is becoming a standard of care after clinical trials found that 25% to 50% of polyps could be missed even at leading centers. He also cited its use in India, where less-experienced physicians were able to achieve diagnostic results comparable to those in the U.S. Limited ACA Exposure, China Stabilization Addressing concerns around healthcare policy changes, Martha said Medtronic has limited exposure to Affordable Care Act-related programs. He said the company’s procedure mix is largely acute rather than elective, with approximately two-thirds of its payer mix tied to Medicare, 25% to commercial insurance and less than 10% to Medicaid. ACA-related programs account for less than 1% of Medtronic’s global revenue, he said. 3 Reasons Analysts Love DexComIn China, Chief Financial Officer Thierry Piéton said Medtronic’s revenue exposure has fallen to between 5% and 6% following volume-based procurement, or VBP, changes. However, he said the company believes the impact of VBP is now largely behind it and that China has returned to a more normal operating environment. Martha said Medtronic remains committed to the country, which he characterized as a profitable growth market as the government expands access to higher-end healthcare. First-Quarter Growth and Franchise Performance Piéton said Medtronic reported first-quarter growth of 13.7% including an extra week in the period, or about 7% after adjusting for that extra week. He said the company’s large established franchises are growing faster than in prior periods, while several newer businesses could provide additional expansion. Cardiac rhythm management: Revenue rose 15% including the extra week, or about 9% on an adjusted basis, driven by EV-ICD, conduction system pacing and leadless pacemaker technology, according to Piéton. Spine: Piéton said the Stealth AXiS platform has helped Medtronic offer navigation, visualization and robotic-assistance tools alongside implants, supporting customer retention and pricing. Surgical: The surgical business performed well, including acute care and monitoring, he said. High-growth opportunities: Piéton identified cardiac ablation, Symplicity renal denervation for hypertension, Altaviva for urinary incontinence and Hugo surgical robotics as four potentially multibillion-dollar opportunities. Martha said Medtronic has effectively doubled its investment in innovation in recent years when both internal research and development and external investments, including venture investments and acquisitions, are considered. He said the company’s growth is diversified by geography, business line and a mix of organic and inorganic investment. Cardiac Ablation and Robotics Expansion Cardiac ablation was a notable driver, with Martha describing the business as exceeding the company’s earlier expectation of reaching $2 billion in sales. Piéton said the market is growing at a mid-teens rate, or around 15%, and Medtronic expects to grow at more than 2.5 times the market rate for the full fiscal year. He said the company grew its capital-equipment installed base by 40% in the fourth quarter and by 35% sequentially in the first quarter, which should support future catheter demand. Medtronic’s Sphere-9 catheter is currently a major contributor to ablation growth, Piéton said. The company has launched Sphere-360 in Europe and is conducting U.S. clinical trials. Martha said the company recently completed enrollment in the Sphere-360 trial, which includes a 12-month follow-up before submission. On surgical robotics, Martha discussed Medtronic’s $700 million investment and distribution agreement with Cornerstone, which provides rights to the Sentire surgical robot in 50 countries outside the U.S. He said the deal broadens Medtronic’s offering in international markets, where hospitals and health systems may seek alternatives tailored to local needs and pricing. Martha said Hugo, Medtronic’s surgical robotics platform, is focused on developed markets. The company expects to surpass 50,000 cumulative procedures and reach approximately 250 cumulative installed systems globally by year-end. Piéton said Hugo is already contributing to surgical-business growth, though the company did not provide specific revenue figures. Martha said Hugo has reached 99% uptime in the U.S. following software updates and refinements during its controlled launch. Pipeline, Portfolio and Investor Day Martha said Medtronic sees renal denervation as a future billion-dollar product opportunity. He said the company is working to expand payer coverage and referral pathways for its hypertension therapy after a national U.S. coverage decision. He also said Medtronic plans more direct-to-consumer marketing in selected cities beginning in the fall. Medtronic continues to evaluate tuck-in acquisitions, Piéton said, noting that the company has announced approximately $2.7 billion to $2.8 billion in deals over the last 12 months, compared with roughly $400 million to $500 million annually in the preceding six or seven years. He said the company intends to balance acquisition-related dilution with overhead leverage and improved gross margins. The company also reiterated its intention to separate its MiniMed diabetes business. Piéton said Medtronic’s guidance assumes MiniMed remains consolidated for the full fiscal year, and that the ultimate earnings-per-share impact of a separation would depend on timing. He said MiniMed’s business performance has improved, but the intent to separate the business has not changed. Medtronic plans to provide additional details on its growth outlook, new drivers and long-term financial framework at an Investor Day in December in Charlotte, North Carolina. Martha said the event will include demonstrations of the company’s robotics and digital technology ecosystems as well as physician perspectives. About Medtronic (NYSE:MDT)Medtronic plc is a global medical technology company that develops, manufactures and sells devices and therapies used to diagnose and treat a broad range of medical conditions. Its products are designed for hospitals, physicians and patients across areas including cardiac care, diabetes, neurological disorders, spinal conditions and surgical procedures. The company's portfolio includes pacemakers, implantable cardioverter-defibrillators, cardiac ablation systems, heart valves, neurostimulation systems, implantable pumps, spinal implants and surgical technologies. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Medtronic Right Now?Before you consider Medtronic, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Medtronic wasn't on the list. While Medtronic currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list. Get This Free Report Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-08 09:28
2d ago
|
HDFC BANK LIMITED (HDB) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds HDFC Bank Limited Investors of Upcoming Deadline | FMP Stock News | |
|
Original source text
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds HDFC Bank Limited (“HDFC” or the “Company”) (NYSE: HDB) of the October 13, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.Should You Join The HDFC Class Action Lawsuit: Do you, or did you, own shares of HDFC Bank Limited (NYSE: HDB)? Did you purchase your shares between July 17, 2023 and May 26, 2026, inclusive? Did you lose money in your investment in HDFC Bank Limited? What To Do Next: Investors are encouraged to act promptly and submit a form at HDFC Bank Limited Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected]. If you wish to serve as lead plaintiff for the Class, you must file papers by October 13, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About The Lawsuit: A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the securities of HDFC between July 17, 2023 and May 26, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers. The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, HDFC securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses. About Bernstein Liebhard: Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years. ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter. Contact Information: Peter Allocco Investor Relations Manager Bernstein Liebhard LLP https://www.bernlieb.com (212) 951-2030 [email protected] |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-08 09:43
2d ago
|
HDB Investors Have Opportunity to Lead HDFC Bank Limited Securities Fraud Lawsuit with SBS Law | FMP Stock News | |
|
Original source text
LOS ANGELES, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against HDFC Bank Limited (“HDFC” or “the Company”) (NYSE: HDB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of HDB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: July 17, 2023 to May 26, 2026 DEADLINE: October 12, 2026 If you are a shareholder who suffered a loss, click here to participate. CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. HDFC disguised payments as marketing costs to hide higher interest for state-controlled firms. Senior management was aware of these activities and approved them even thought they likely violated policies and regulations. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about HDFC, investors suffered damages. We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected]. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. Join the case to recover your losses WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: Schall, Brown & Schwartz LLP Brian Schall, Esq., Andrew Brown, Esq., David Schwartz, Esq., www.schallfirm.com Office: 310-301-3335 [email protected] SOURCE: Schall, Brown & Schwartz LLP |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-08 10:19
2d ago
|
HDB Shareholder Alert: HDFC Bank Limited Securities Class Action Lawsuit - Investors With Losses May Contact SueWallSt | FMP Stock News | |
|
Original source text
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- SueWallSt encourages investors who suffered losses in HDFC Bank Limited (NYSE: HDB) to submit their information today. Those who purchased HDFC Bank securities between July 17, 2023 and May 26, 2026 may be entitled to recover damages. See if you could be eligible to recover. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.Across two disclosure dates, HDB American Depositary Shares declined a cumulative $3.11 per share, ultimately closing at $23.78. Investors have until October 13, 2026 to seek lead plaintiff status. July 17, 2023 — The Class Period Opens on Reported Margins The securities action alleges the Class Period begins with quarterly results reporting net interest income growth of 21.1% and a core net interest margin of 4.1% on total assets. The lawsuit alleges those figures, and the margin and operating expense disclosures repeated each quarter thereafter, did not reflect interest payments allegedly routed through the marketing department. March 18, 2026 — A Resignation Letter Moves the Stock HDFC Bank reported the resignation of its part-time Chairman and Independent Director, whose letter cited "[c]ertain happenings and practices within the bank, that I have observed over last two years," as not in congruence with his personal values and ethics. Shares fell $2.09, or 7.28%, to close at $26.62 on unusually heavy volume. May 27, 2026 — The Reported Details Emerge The Indian Express reported that the bank had "camouflaged" approximately Rs 45 crore (roughly $4.7 million) as marketing spend, paying 6.01% interest to the Maharashtra State Road Development Corporation to induce large deposits. Shares fell $1.02, or 4.1%, to $23.78. Alleged Chronology of Disclosure Events July 17, 2023: Class Period opens with quarterly NII and NIM figures the action alleges were misstated.July 29, 2024 and July 14, 2025: Annual reports on Form 20-F state internal control over financial reporting was effective.March and April 2026: An internal probe reportedly concluded that more than ten senior officials bore responsibility.March 18, 2026: Chairman resignation disclosed; ADSs decline 7.28%.May 27, 2026: Press report describes a 2.51% interest markup allegedly disguised as road safety sponsorship payments; ADSs decline 4.1%. "Timely disclosure of material developments is fundamental to fair and efficient markets. The complaint alleges investors received quarterly margin and expense figures for nearly three years without knowing how a portion of deposit interest was allegedly being recorded." -- Joseph E. Levi, Esq. Calculate your potential recovery or call (888) SueWallSt. WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Frequently Asked Questions About the HDB Lawsuit Q: How much did HDB stock drop? A: HDFC’s American depository share price fell approximately $2.09, or about 7.28% to close at $26.62 on March 18, 2026. The stock fell a further approximate $1.02, or 4.1% to ultimately close at $23.78 on May 27, 2026. Q: What specific misstatements does the HDB lawsuit allege? A: The complaint alleges HDFC Bank Limited made materially false or misleading statements regarding its net interest income, net interest margin, operating expenses, and internal controls during the Class Period. When the alleged camouflaged interest payments to the Maharashtra State Road Development Corporation were disclosed, the stock price declined sharply. Q: When did HDFC Bank Limited allegedly mislead investors? A: The Class Period runs from July 17, 2023 to May 26, 2026. The complaint alleges that corrective disclosures revealed information that caused a significant stock decline. Q: What do HDB investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member. Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run. Q: What if I already sold my HDB shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate. Q: What if I live outside the United States? A: U.S. securities class actions generally cover purchases on U.S. exchanges regardless of the investor's country of residence. Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval. CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. 33 Whitehall Street, 27th Floor New York, NY 10004 [email protected] Tel: (888) SueWallSt Fax: (212) 363-7171 Attorney Advertising. Prior results do not guarantee similar outcomes. |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-08 15:30
1d ago
|
Deadline Alert: HDFC Bank Limited (HDB) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit | FMP Stock News | |
|
Original source text
LOS ANGELES, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming October 13, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired HDFC Bank Limited (“HDFC” or the “Company”) (NYSE: HDB) securities between July 17, 2023 and May 26, 2026 inclusive (the “Class Period”).IF YOU SUFFERED A LOSS ON YOUR HDFC BANK LIMITED INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS. What Happened? On March 18, 2026, during U.S. market hours, HDFC filed a letter with the Bombay Stock Exchange and the National Stock Exchange of India Limited, reporting the resignation of Mr. Atanu Chakraborty from his roles as part-time Chairman and Independent Director of HDFC. The Company’s letter attached Mr. Chakraborty’s resignation letter, which stated that “[c]ertain happenings and practices within the bank, that I have observed over last two years, are not in congruence with my personal Values and Ethics. This is the basis of my aforementioned decision.” On this news, the price of HDFC’s American Depositary Shares (“ADS”) fell $2.09, or 7.28% to close at $26.62 per share on March 18, 2026, on unusually heavy trading volume. On May 27, 2026, before the market opened, The Indian Express published an article entitled “HDFC Bank ‘camouflaged’ crores as marketing spend to pay higher interest to state firm.” The article reported that HDFC Bank had made covert payments of approximately “Rs 45 crore,” or approximately $4.7 million USD, to the Maharashtra State Road Development Corporation (“MSRDC”) to induce MSRDC to make large deposits with the Company. The Company offered 6.01% interest to MSRDC, a 2.51% markup over the interest offered to other savings accounts, and paid that markup by “disguis[ing] [it] as sponsorship payments for a road safety awareness campaign run by MSRDC.” Reportedly, an internal probe in March and April 2026 concluded that over ten top officials bore responsibility, including HDFC’s CEO Sashidhar Jagdishan. On this news, HDFC’s ADS price fell $1.02, or 4.1%, to close at $23.78 per share on May 27, 2026, on unusually heavy trading volume. What Is The Lawsuit About? The complaint filed in this class action alleges that between July 17, 2023 and May 26, 2026, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) HDFC Bank camouflaged payments as marketing spend to pay higher interest to a state firm in order to induce deposits; (2) these activities were approved by senior management; (3) these activities likely violated regulations and the Company’s own policies, including those that prohibit payments that could constitute improper inducement; (4) as a result of the foregoing, the Company’s interest income and operating expenses were overstated; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. If you purchased or otherwise acquired HDFC Bank Limited securities between July 17, 2023 and May 26, 2026, you may move the Court no later than October 13, 2026 to request appointment as lead plaintiff in this putative class action lawsuit. Contact Us To Participate or Learn More: If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Charles Linehan, Esq., Glancy Prongay Wolke & Rotter LLP, 1925 Century Park East, Suite 2100, Los Angeles California 90067 Email: [email protected] Telephone: 310-201-9150, Toll-Free: 888-773-9224 Visit our website at www.glancylaw.com. Follow us for updates on LinkedIn, Twitter, or Facebook. If you inquire by email, please include your mailing address, telephone number and number of shares purchased. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contact Us: Glancy Prongay Wolke & Rotter LLP, 1925 Century Park East, Suite 2100 Los Angeles, CA 90067 Charles Linehan Email: [email protected] Telephone: 310-201-9150 Toll-Free: 888-773-9224 Visit our website at: www.glancylaw.com. |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-08 15:47
1d ago
|
3 ETFs Ready for the High-Yield Dividend Stress Test | FMP Stock News | |
|
Original source text
Stocks with healthy dividends can make sense in these pressure-cooker times. Here are fund picks from financial pros. |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-08 17:32
1d ago
|
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in HDFC Bank Limited of Class Action Lawsuit and Upcoming Deadlines – HDB | FMP Stock News | |
|
Original source text
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against HDFC Bank Limited (“HDFC” or the “Company”) (NYSE: HDB). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether HDFC and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until October 13, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired HDFC securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. [Click here for information about joining the class action] On March 18, 2026, during U.S. market hours, HDFC filed a letter with the Bombay Stock Exchange and the National Stock Exchange of India Limited, reporting the resignation of Mr. Atanu Chakraborty from his roles as part-time Chairman and Independent Director of HDFC. The Company’s letter attached Mr. Chakraborty’s resignation letter, which stated that “[c]ertain happenings and practices within the bank, that I have observed over last two years, are not in congruence with my personal Values and Ethics. This is the basis of my aforementioned decision.” On this news, the price of HDFC’s American Depositary Shares (“ADS”) fell $2.09, or 7.28% to close at $26.62 per share on March 18, 2026, on unusually heavy trading volume. On May 27, 2026, before the market opened, The Indian Express published an article entitled “HDFC Bank ‘camouflaged’ crores as marketing spend to pay higher interest to state firm.” The article reported that HDFC Bank had made covert payments of approximately “Rs 45 crore,” or approximately $4.7 million USD, to the Maharashtra State Road Development Corporation (“MSRDC”) to induce MSRDC to make large deposits with the Company. The Company offered 6.01% interest to MSRDC, a 2.51% markup over the interest offered to other savings accounts, and paid that markup by “disguis[ing] [it] as sponsorship payments for a road safety awareness campaign run by MSRDC.” Reportedly, an internal probe in March and April 2026 concluded that over ten top officials bore responsibility, including HDFC’s CEO Sashidhar Jagdishan. On this news, HDFC’s ADS price fell $1.02, or 4.11%, to close at $23.78 per ADS on May 27, 2026. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP [email protected] 646-581-9980 ext. 7980 |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-09 09:14
1d ago
|
Ropa za 100 a strach z inflace drží sentiment dole | Patria Stock News | |
|
Original source text
Ropa Brent vystoupala na 100 dolarů a poblíž této kulaté hranice se drží také dnes dopoledne. Eskalace na Blízkém východě, kde došlo už i na ničení íránských tankerů, spolu s ubývajícími zásobami a zvýšenou čínskou poptávkou tlačí ceny vzhůru a spolu s tím živí inflační očekávání.Článek se odemkne 09.09.2026 12:14 Pokračování článku je dostupné jen klientům placených služeb Patria Plus / Investor Plus případně uživatelům platformy Patria Direct. Pokud jste klientem těchto služeb, potom je nutné se Přihlásit. V rámci placeného informačního servisu získáte přístup ke kompletnímu zpravodajství www.patria.cz bez jakýchkoliv omezení. Veškeré zprávy, komentáře a horké zprávy jsou zobrazovány terminálovou metodou (bez nutnosti obnovovat stránku) bez zpoždění a v plné verzi. Nejen zpravodajství, ale i další služby získáte v Patria Plus / Investor Plus - sms a e-mailové zpravodajství, data z finančních trhů v reálném čase, kompletní analytický servis, rozsáhlé databáze časových řad ke stažení, prognózy vývoje a valuace, ekonomické fundamenty, nástroje a kalkulátory... více |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-08 18:34
1d ago
|
HDFC Bank Limited (HDB) Investors: Securities Fraud Class Action Filed, Contact Hagens Berman Before October 13, 2026 Lead Plaintiff Deadline | FMP Stock News | |
|
Original source text
San Francisco, California--(Newsfile Corp. - September 8, 2026) - Hagens Berman, a national law firm noted for its preeminent work in securities class action litigation, notifies investors in HDFC Bank Limited (NYSE: HDB) of a pending securities fraud class action.Class Period: July 17, 2023 - May 26, 2026Lead Plaintiff Deadline: Oct. 13, 2026Visit: www.hbsslaw.com/hdb Contact the Firm Now: [email protected] / 844-916-0895HDFC Bank Limited (HDB) Securities Class Action Overview: The lawsuit filed against HDFC Bank Limited ("HDFC" or the "Company"), and certain top executive officers including Chief Executive Officer Sashidhar Jagdishan and Chief Financial Officer Srinivasan Vaidyanathan, alleges violations of the federal securities laws. Specifically, the action centers on HDFC's failure to disclose key material adverse facts regarding its business operations, financial accounting, and regulatory compliance: Camouflaged Marketing Payments & Covert Deposit Inducements: HDFC secretly funneled approximately Rs 45 crore (approx. $4.7 million USD) to the Maharashtra State Road Development Corporation ("MSRDC") to induce the state firm to place large deposits with the bank.Disguised Above-Market Interest Rates: To circumvent regulations and provide MSRDC with a 6.01% interest rate (a 2.51% markup over standard retail savings accounts), senior management devised a scheme to route the differential payments through the marketing department disguised as sponsorship contributions for a road safety awareness campaign.Governance and Regulatory Breaches: These covert practices violated the Reserve Bank of India's (RBI) Master Directions on interest rates and breached the bank's own internal anti-bribery and anti-corruption policies prohibiting improper inducements.Overstated Financials: As a result of these hidden activities, HDFC's interest income and operating expenses were overstated during the class period, rendering the Company's positive public statements and financial controls false and misleading.Truth Begins to Unravel & Stock Price Declines: The fraudulent scheme allegedly began to surface in stages, causing sharp drops in the market value of HDFC American Depositary Shares (ADS): March 18, 2026: HDFC announced the abrupt resignation of part-time Chairman and Independent Director Atanu Chakraborty, whose resignation letter stated that happenings and practices within the bank over the prior two years were "not in congruence with my personal Values and Ethics." On this news, HDFC ADS prices fell 7.28% on heavy volume.May 27, 2026: The Indian Express published an investigative report exposing that HDFC "camouflaged crores as marketing spend" to pay higher interest to MSRDC, revealing an internal vigilance probe implicating CEO Sashidhar Jagdishan and other top leadership. Following this disclosure, HDFC ADS fell 4.1% to close at $23.78 per share.Hagens Berman's Investigation "We're focused on whether HDFC's senior leadership concealed a covert scheme to funnel millions in disguised payments to induce state-firm deposits while publicly painting a picture of strong governance and compliance, as the complaint alleges," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the pending claims in the suit. What Affected HDB Investors Should Do If you purchased or acquired HDFC securities between July 17, 2023, and May 26, 2026, and suffered significant financial losses, you have until October 13, 2026, to ask the court to appoint you as lead plaintiff. To learn more about your legal options, submit your information to Hagens Berman, visit www.hbsslaw.com/hdb, call Reed Kathrein at 844-916-0895, or email [email protected]. Whistleblowers: Persons with non-public information regarding HDFC should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected]. # # # About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. Attorney Advertising. Prior results do not guarantee a similar outcome in any future case. Contact: Hagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, [email protected] To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313511 Source: Hagens Berman Sobol Shapiro LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-08 18:50
1d ago
|
Kaplan Fox Alerts Investors of a Securities Class Action Against HDFC Bank Limited (HDB) - Deadline is October 13, 2026 | FMP Stock News | |
|
Original source text
New York, New York--(Newsfile Corp. - September 8, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against HDFC Bank Limited ("HDFC Bank" or the "Company") (NYSE: HDB) on behalf of investors that purchased or otherwise acquired HDFC Bank securities, including American Depositary Shares ("ADS"), between July 17, 2023 and May 26, 2026 (the "Class Period").CLICK HERE TO JOIN THE CASE If you are an investor in HDFC Bank and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than October 13, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. The complaint alleges that on May 27, 2026, The Indian Express published an article entitled "HDFC Bank 'camouflaged' crores as marketing spend to pay higher interest to state firm." The article reported that HDFC Bank had made covert payments of approximately "Rs 45 crore," or approximately $4.7 million USD, to the Maharashtra State Road Development Corporation ("MSRDC") to induce MSRDC to make large deposits with the Company. Reportedly, an internal probe in March and April 2026 flagged these payments and concluded that over ten top officials bore responsibility, including HDFC's CEO Sashidhar Jagdishan. The complaint alleges, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that (1) HDFC Bank camouflaged payments as marketing spend to pay higher interest to a state firm in order to induce deposits; (2) these activities were approved by senior management; (3) these activities likely violated regulations and HDFC Bank's own policies, including those that prohibit payments that could constitute improper inducement; (4) as a result of the foregoing, HDFC Bank's interest income and operating expenses were overstated; and (5) as a result of the foregoing, defendants' positive statements about HDFC Bank's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Further, the complaint alleges HDFC Bank's securities traded at artificially inflated prices during the Class Period as a result of these materially false and misleading statments and failures to disclose. WHY CONTACT KAPLAN FOX? Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented. Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch. For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes. If you have any questions about this Notice, your rights, or your interests, please contact: Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client. https://www.kaplanfox.com/case/hdfc-bank-limited-investor-lawsuit-learn-more-now/ To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313443 Source: Kaplan Fox & Kilsheimer LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-08 22:37
1d ago
|
ROSEN, REGARDED INVESTOR COUNSEL, Encourages HDFC Bank Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action - HDB | FMP Stock News | |
|
Original source text
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) --WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of HDFC Bank Limited (NYSE: HDB) between July 17, 2023 to May 26, 2026, inclusive (the “Class Period”), of the important October 13, 2026 lead plaintiff deadline. SO WHAT: If you purchased HDFC Bank securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the HDFC Bank class action, go to https://rosenlegal.com/cases/hdfc-bank-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 13, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) HDFC Bank camouflaged payments as marketing spend to pay higher interest to a state firm in order to induce deposits; (2) these activities were approved by senior management; (3) these activities likely violated regulations and HDFC Bank’s own policies, including those that prohibit payments that could constitute improper inducement; (4) as a result of the foregoing, HDFC Bank’s interest income and operating expenses were overstated; and (5) as a result of the foregoing, defendants’ positive statements about HDFC Bank’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the HDFC class action, go to https://rosenlegal.com/cases/hdfc-bank-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com |
|||
|
Saved
2026-09-09 09:23
1d ago
Published
2026-09-08 22:37
1d ago
|
HDFC Bank Limited Securities Fraud Class Action Result of Deceptive Interest Payments and Approximately 4% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC | FMP Stock News | |
|
Original source text
NEW YORK and NEW ORLEANS, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until October 13, 2026 to file lead plaintiff applications in a securities class action lawsuit against HDFC Bank Limited (“HDFC” or the “Company”) (NYSE: HDB), if they purchased or otherwise acquired the Company’s securities between July 17, 2023 and May 26, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.What You May Do If you purchased securities of HDFC as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3616 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-hdb/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 13, 2026. >>>CLICK HERE for more information About the Lawsuit HDFC and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. On May 27, 2026, pre-market, The Indian Express reported that HDFC Bank had disguised crores of rupees as marketing expenditures in order to pay above-market interest rates to a state-owned enterprise. According to the article, the Company secretly funneled roughly Rs 45 crore (about $4.7 million) to the Maharashtra State Road Development Corporation ("MSRDC") to encourage MSRDC to place substantial deposits with the bank. HDFC Bank offered MSRDC a 6.01% interest rate — 2.51 percentage points above what it paid other depositors — and covered that premium by characterizing the payments as sponsorship of an MSRDC road safety awareness initiative. The article further reported that an internal investigation conducted in March and April 2026 found more than ten senior officials responsible for the scheme, including CEO Sashidhar Jagdishan. On this news, the price of HDFC shares fell $1.02, or 4.1%, to close at $23.78 per share on May 27, 2026, on unusually heavy trading volume. The case is Soneji v. HDFC Bank Limited, Case No. 26-cv-06943. >>>To Learn More, Click HERE About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit www.ksfcounsel.com. >>>For More Information about the case, Click HERE Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner [email protected] 1-833-538-3616 1100 Poydras St., Suite 960 New Orleans, LA 70163 CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn |
|||
|
Saved
2026-09-09 09:22
1d ago
Published
2026-09-08 11:46
1d ago
|
Can Chinook Modernization Strengthen RTX's Defense Growth? | FMP Stock News | |
|
Original source text
Key Takeaways RTX secured a contract worth up to $472M to support modernization and sustainment of the CH-47 Chinook fleet.RTX's avionics upgrades aim to add capabilities, address obsolete systems and strengthen mission readiness.RTX shares surged 32.3% in the past year, while its industry declined 6.4%, and trade below its industry P/E. RTX Corporation (RTX - Free Report) is strengthening its position in military aviation as the U.S. Army continues to modernize and sustain its helicopter fleet. Through its Collins Aerospace business, the company secured a contract worth up to $472 million to provide engineering services supporting the modernization and sustainment of the CH-47 Chinook fleet.The contract will support avionics upgrades designed to integrate new capabilities, address obsolete systems and strengthen the Chinook’s avionics architecture. These upgrades should help maintain the fleet’s mission readiness while enabling the Army to incorporate new technologies more efficiently. The award also supports greater commonality across the Army’s aviation fleet through the use of open and reusable avionics architectures. Such systems can be integrated across multiple aircraft, helping reduce integration complexity and improve cost and schedule efficiency as the Army modernizes its aviation platforms. The latest award highlights Collins Aerospace’s longstanding relationship with the U.S. Army and its role in providing advanced avionics solutions for military aircraft. Continued investments in fleet modernization and technology upgrades should support demand for RTX’s avionics and mission systems. With the U.S. military focused on extending the service lives and capabilities of existing aircraft while preparing them for evolving operational requirements, RTX is well-positioned to benefit from sustained demand for advanced avionics and modernization services. The Chinook contract strengthens RTX’s defense presence and reinforces its role in advancing the U.S. Army’s aviation modernization programs. Defense Stocks to Keep on the RadarOther aerospace and defense companies benefiting from military aviation modernization are discussed below: Lockheed Martin (LMT - Free Report) : Lockheed Martin provides advanced helicopters, avionics, mission systems and sustainment solutions to the U.S. military. Its Sikorsky business supports the Army’s helicopter fleet, positioning the company to benefit from continued investment in military aviation modernization. Boeing (BA - Free Report) : Boeing’s Defense, Space & Security business supports the U.S. military with helicopters, aircraft and related sustainment services. Its strong presence in military rotorcraft positions it to benefit from ongoing fleet modernization and lifecycle support programs. The Zacks Rundown for RTXShares of RTX have surged 30.2% in the past year against the industry’s 7% decline. Image Source: Zacks Investment Research The company’s shares are trading at a discount on a relative basis, with its forward 12-month Price/Earnings being 26.44X compared with its industry’s average of 30.76X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for RTX’s 2026 and 2027 earnings has moved north over the past 60 days. Image Source: Zacks Investment Research RTX stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
|||
|
Saved
2026-09-09 09:22
1d ago
Published
2026-09-08 07:36
2d ago
|
Anthropic IPO odds still favour October despite roadshow slippage, Polymarket data shows | FMP Stock News | |
|
Original source text
Polymarket traders are still pricing October as the most likely month for Anthropic's stock market listing, even after reports that the roadshow has slipped later than first expected.Working from the platform's cumulative contracts, the implied probability of a listing occurring specifically within October stands at 63%, calculated from the 64% chance priced in for a listing by 31 October against a 1% chance priced in for 30 September. That compares with an implied 21% probability for November and just 6% for December, based on the gap between the 85% priced in for 30 November, the 64% for 31 October, and the 91% for 31 December. The numbers have moved, however. Two weeks ago, the 31 October contract alone was trading above 80%, before slipping back as reports emerged that Anthropic's formal roadshow, the period in which executives pitch the company to institutional investors, would not begin before mid-October. That timeline was reportedly pushed back partly by ongoing negotiations over a $15 billion revolving credit facility, alongside a delay to the public prospectus filing. Anthropic's underwriters, Goldman Sachs, JPMorgan Chase and Morgan Stanley (NYSE:MS), are said to be targeting a listing in the days before the 3 November US midterm elections, according to market commentary attached to the Polymarket contract. The company confidentially filed its registration statement with the US Securities and Exchange Commission on 1 June, and has retained the law firm Wilson Sonsini for the legal groundwork. Its last private funding round, a $65 billion raise in May, valued Anthropic at $965 billion, with reports putting its annualised revenue run rate at $65 billion by the end of July. A separate Polymarket contract on Anthropic's eventual market capitalisation shows traders split between a valuation of $1.75 trillion to $2 trillion, on 26%, and $2 trillion to $2.25 trillion, on 22%. Anthropic has not confirmed a date and has declined to comment on the reported timetable. No Investment Advice Proactive Investors is a publisher of financial news and information. No content in this record, or published on the Proactive Investors website (the "Site"), constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. No content is tailored to any specific person's needs, objectives, or financial situation. Proactive Investors is not a registered investment adviser or broker-dealer and does not provide personalized investment advice. Nothing in this record constitutes investment advice or a recommendation to buy, hold, or sell any security. None of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value, or suitability of any particular security, portfolio, transaction, or investment strategy. Any decision to buy, sell, or hold a security should be made only after consulting an appropriately qualified, licensed financial adviser and reading all relevant offering documentation. This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell any product or security. Our content is independent financial journalism, produced in a neutral, objective style with full source attribution. In accordance with the Federal Trade Commission's guidelines on material connections, Proactive Investors discloses the following: we may receive cash or, in some cases, equity compensation from companies whose news is distributed through our platform. This compensation is for news distribution and media services, not for editorial content or coverage decisions. Where Proactive Investors has a commercial relationship with a company covered in this record, that relationship is disclosed within the article. Any such relationship does not determine, influence, or shape the editorial content produced. Where we receive equity compensation, such securities are held independently by a third-party broker and sold at the broker's discretion. The Site may contain opinions from time to time regarding securities mentioned in other products, including company-related products, and those opinions may differ from those obtained through another Proactive Investors product. Opinions and commentary reflect the views of the named author at the time of writing and are subject to change without notice. Price and other data is supplied by sources believed to be reliable. Any calculations are made using such data. Neither the data nor the calculations are guaranteed by those sources, by Proactive Investors, by the information providers, or by any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to previously published articles or opinions. Such references may be selective, may reference only a portion of an article, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon. |
|||
|
Saved
2026-09-09 09:22
1d ago
Published
2026-09-08 10:02
2d ago
|
MS Now rolls out membership program featuring live Q&A with reporters | FMP Stock News | |
|
Original source text
Versant Media's (VSNT.O) MS Now cable network is rolling out a membership program featuring live Q&A sessions, allowing users to directly chat with its anchors and reporters, as the company leans on direct-to-consumer offerings to boost engagement.The membership will be available for purchase on Apple and Google app stores and the MS Now website, the company said, adding that it would roll it out to more platforms and devices in the future. Members can ask MS Now reporters questions through live chats with hosts including Rachel Maddow and Morning Joe's Joe Scarborough at noon, as well as send in questions for newsroom reporters later in the day. The move is the latest in Versant's push for growth as a standalone company after the CNBC owner's spin-off from Comcast (CMCSA.O). The company has been focused on driving digital platform growth as its legacy linear TV business contracts. |
|||
|
Saved
2026-09-09 09:22
1d ago
Published
2026-09-08 13:52
1d ago
|
Why ServiceNow Stock Popped 33% Last Month | FMP Stock News | |
|
Original source text
Shares of ServiceNow (NOW -4.99%), a cloud-based enterprise software company, jumped last month as investors shook off their fears that artificial intelligence would eliminate the need for traditional software companies.Salesforce shares popped 33% in August, according to data from S&P Global Market Intelligence, following strong quarterly results from fellow enterprise software company Salesforce. Image source: The Motley Fool. Fears of a "SaaS-pocalypse" were tamed, for now Investors have been skittish about ServiceNow and other software stocks this year, worried that AI will eliminate the need for traditional software. And while some companies are being disrupted, it's not necessarily the case for ServiceNow and its peers. The best example of this, and what helped ServiceNow stock jump last month, was Salesforce's recent quarterly results. Salesforce's second-quarter revenue rose to $11.3 billion, ahead of consensus estimates, and its non-GAAP earnings per share of $5.90 far outpaced Wall Street's average estimate. Salesforce's management also issued strong revenue guidance for its full fiscal 2027, with revenue estimates of about $46.3 billion, at the midpoint, representing a nearly 12% increase from 2026. Adding to the good news for Salesforce -- and by association, ServiceNow -- was the fact that the company's AI "Agentforce" achieved an annualized revenue run rate of $3.9 billion -- up 210% from the year-ago quarter. That achievement was particularly important for ServiceNow investors because the company has its own AI agents that operate within its software, automating tasks and streamlining workflows. ServiceNow investors hope that if Salesforce can grow its AI agent revenue and fend off AI competitors, ServiceNow may be able to do the same. Premium Feature Moneyball Superscore 86/100 Today's Change ( -4.99 %) $ -7.05 Current Price $ 134.21 Rising optimism for ServiceNow stock, but volatility is likely In August, Bank of America analyst Tal Liani raised his price target for ServiceNow stock to $150, up from $130, and maintained a buy rating. More recently, an analyst at BTIG Research raised their price target for ServiceNow to $170 from $150, while maintaining a buy rating. That's provided some additional optimism for ServiceNow shareholders, but the stock will likely remain volatile until investors settle on whether AI will overpower some software stocks. It's a difficult question to answer, and while I personally think companies like ServiceNow can benefit from AI, I understand that it isn't a closed debate just yet. ServiceNow shareholders will get more insights when the company reports its third-quarter results in late October. But I suspect that ServiceNow and its peers will continue to experience frequent share price fluctuations as investors process the threat of AI in real time. That doesn't mean ServiceNow shares aren't worth owning, but just know it could be a bit of a ride for a little while longer. |
|||
|
Saved
2026-09-09 09:22
1d ago
Published
2026-09-08 15:41
1d ago
|
ServiceNow Jumps 25% in 3 Months: Buy, Sell or Hold the Stock? | FMP Stock News | |
|
Original source text
NOW's AI growth, strong subscription gains and broader demand are offset by stiff competition, margin pressure and a premium valuation. |
|||