Finex Pulse • Market Signal Briefing

Details	Saved	Published	Title	Source	Tickers
	2025-10-14 11:21 1mo ago	2025-10-14 07:05 1mo ago	GM Stock Falls After $1.6 Billion EV Write-down. How Trump Policies Are Biting.	stocknewsapi	GM
As electric vehicle adoption slows in the U.S., GM announced a $1.6 billion write down related to its EV investments.
	2025-10-14 11:21 1mo ago	2025-10-14 07:05 1mo ago	OKLO Stock To $75?	stocknewsapi	OKLO
CHONGQING, CHINA - AUGUST 08: In this photo illustration, a smartphone displays the logo of Oklo Inc. (NYSE: OKLO), a nuclear energy company developing advanced fission power plants, in front of a screen showing the company's latest stock market chart on August 8, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Getty Images Oklo Inc. (NYSE: OKLO), the advanced nuclear technology firm developing small modular reactors (SMRs), has emerged as one of the most remarkable stock market narratives of 2025. Shares are currently trading at approximately $168, having increased more than seven times year-to-date, as investors speculate on nuclear's capability to power AI data centers, industrial sites, and the overall transition to clean energy. However, following such an incredible surge, the pivotal question has evolved: is Oklo valued for perfection — or for potential disappointment? Additionally, see: Oklo Stock To Increase 50% More? For those looking for an upside with reduced volatility compared to holding an individual stock, consider the High Quality Portfolio. It has significantly outperformed its benchmark, which includes a mix of the S&P 500, Russell, and S&P MidCap indexes, achieving returns that have exceeded 105% since its inception. Collectively, HQ Portfolio stocks have demonstrated better returns with lower risk compared to the benchmark index; delivering a smoother ride, as illustrated in HQ Portfolio performance metrics. Furthermore, see Can PayPal Stock Fall To $50? The Core Concern: Too Much Future, Too Little PresentOklo continues to be a pre-revenue entity, and while its aspirations are commendable, revenue generation is still quite a few years away. The firm has indicated about 14 GW of customer interest — a pipeline potentially translating to $5 billion or more in yearly revenue by 2028 if projects come to fruition. Nonetheless, at the current share price of $167, Oklo holds a market capitalization of about $25 billion, despite not having produced or sold a single reactor yet. This valuation is generally associated with established industrial or energy companies that have billions in current revenue, rather than pre-commercial ventures still navigating licensing and prototype phases. Even if Oklo reaches $5 billion in annual revenue by 2028, the stock is presently trading at nearly five times potential sales for 2028. Should execution falter or timelines extend — which is a plausible scenario in the nuclear industry — a reassessment toward two times sales would suggest a share price closer to $70–75, representing a 50% decline from current prices. Key Downside RisksRegulatory Delays: Oklo’s reactor design is still pending full approval from the U.S. Nuclear Regulatory Commission (NRC), a process that traditionally takes many years. Any holdup could delay commercialization into the next decade.Capital Requirements: The construction and deployment of SMRs is extremely capital-intensive. Oklo will likely need to secure billions in the coming years — potentially through share dilution — to finance development, construction, and fuel procurement.Execution Hurdles: Transitioning from engineering concepts to large-scale commercial deployment involves significant technical and operational challenges. Cost overruns or supply chain issues could impair early projects.Valuation Stretch: With shares rising over 600% in 2025, Oklo trades well ahead of its fundamentals. Any slowdown in regulatory updates or sector rotation could prompt sharp corrections.The Structural RealityNuclear energy — particularly SMRs — constitutes one of the most complex and sluggish sectors of energy infrastructure. Each phase, from licensing to construction and operation, demands years and billions of dollars. Even with robust customer interest, Oklo’s capacity to transform those commitments into operational reactors remains unproven. In contrast to software or solar initiatives that can expand rapidly, SMRs necessitate patience, capital, and impeccable execution — three elements that markets seldom reward simultaneously. The VerdictAt $167 per share, Oklo’s market capitalization reflects substantial expectations — not only for regulatory success but also for perfect execution and swift commercialization. The firm could ultimately validate these expectations if it achieves multi-gigawatt deployment by 2028, but the journey is protracted and uncertain. If timeframes extend or investor enthusiasm wanes, a retreat toward the $70–80 range would be entirely plausible — and perhaps even beneficial. Oklo stands as one of the most audacious bets in clean energy today: high potential, high visibility, and equally high risk. For investors with long-term perspectives and a strong tolerance for volatility, it continues to be a captivating narrative. For others, the existing valuation likely presumes too much, too quickly. Now, we apply a risk assessment framework while constructing the Trefis High Quality (HQ) Portfolio, which, with a collection of 30 stocks, has a record of comfortably outperforming the S&P 500 over the last four-year timeframe —and has achieved returns surpassing 105% since its inception. Why is that? As a collective, HQ Portfolio stocks have yielded better returns with lower risk compared to the benchmark index; offering a steadier experience as demonstrated in HQ Portfolio performance metrics.
	2025-10-14 11:21 1mo ago	2025-10-14 07:05 1mo ago	What's Next After The 6x Surge In TMC Stock?	stocknewsapi	TMC
Construction materials are on a building site in Montreal, Quebec, Canada, on October 8, 2025. (Photo by Graham Hughes/NurPhoto via Getty Images) NurPhoto via Getty Images Few stocks have stirred interest in 2025 quite like TMC The Metals Company (NASDAQ: TMC). Shares have skyrocketed to around $10.00, rising over 800% year-to-date, as the previously speculative deep-sea mining pioneer approaches commercial viability. What was once regarded as a far-off idea now appears feasible, supported by concrete advancements in project development, clearer regulatory frameworks, and a surge in demand for battery metals. The current question is whether this impressive trend has the potential to persist—or if investors should prepare for forthcoming volatility. If you’re looking for an upside with less volatility than holding a single stock, consider the High Quality Portfolio. It has comfortably outperformed its benchmark—an amalgamation of the S&P 500, Russell, and S&P MidCap indexes—and has achieved returns exceeding 105% since its inception. Separately, see Can PayPal Stock Fall To $50? Core Thesis: From Speculation to ExecutionCommercial Launch Nearing & Re-Rating in ProgressTMC’s ascent has been fueled by an increasing belief that its long-anticipated Clarion-Clipperton Zone (CCZ) project could commence production by 2026, following successful pilot initiatives and environmental assessments. The company has transitioned from concept to credible operations—completing pilot collection campaigns (utilizing a robotic vehicle to gather battery metals from the ocean floor), enhancing processing technology, and securing strategic funding to support the next phase. In 2023 and 2024, TMC reported minimal revenue, concentrating mainly on research and pilot collection. However, current projections indicate potential annual revenues of $1–1.5 billion once full-scale production kicks off. Investors have swiftly factored in this transformation, propelling valuation multiples significantly higher. At current prices, TMC is trading at approximately 8–9x forward sales, marking a substantial re-rating from early 2025 when the stock was valued at under 1x. This momentum mirrors not just optimism regarding commercialization but also the scarcity of scalable, ESG-aligned metal sources beyond traditional mining. Nevertheless, maintaining this surge will hinge on impeccable execution, regulatory clarity, and steady advancements toward initial metal production. Key Growth CatalystsExploding Demand for EV Metals – The global demand for electric vehicles (EVs) and energy storage is prompting a rush for nickel, cobalt, copper, and manganese—the very metals that TMC’s seabed nodules are rich in. As automakers strive to secure low-carbon supply chains, TMC is positioned to gain from its anticipated lower environmental footprint compared to land mining.Regulatory Progress with the ISA – Following years of ambiguity, the International Seabed Authority (ISA) is now nearing the finalization of the mining code. This framework could officially approve TMC’s commercial license, paving the way for production.Environmental and Economic Edge – TMC argues that collecting seabed nodules results in up to 70% lower carbon emissions and land disruption compared to terrestrial mining, granting both an ESG benefit and a cost advantage.Strategic Partnerships – TMC is actively pursuing discussions with battery and EV manufacturers for long-term supply contracts, which would ensure revenue visibility as production commences.Robust Balance Sheet – Recent capital raises and debt financing have extended the company's cash runway, supporting its efforts to enhance mining systems and processing capacity through 2026.Risks: Can the Momentum Hold?Regulatory Delays: The ISA might still defer commercial approvals, delaying production timelines.Environmental Pushback: Resistance from NGOs and environmental organizations persists, which could result in reputational threats or political backlash.Valuation Stretch: Following an 800% increase, expectations are elevated. Any operational hiccup or market correction might lead to sharp declines.Capital Requirements: Scaling to complete commercial operations is still capital-intensive, and additional funding rounds will likely be necessary before reaching breakeven.Commodity Price Risk: A decline in nickel or cobalt prices could reduce margins once operations start.The VerdictAt around $10, The Metals Company has evolved from a speculative penny stock into a high-stakes wager on the commercialization of an innovative resource frontier. The fundamentals are rapidly improving, but the current valuation assumes a smooth path in both regulatory and operational respects. If TMC manages to initiate production by 2026 and grows revenues to the $1–1.5 billion range, the present price could be justified—or even seen as conservative in the long term. However, considering the 800% year-to-date surge, short-term fluctuations and profit-taking are probable as the market adjusts its expectations. For long-term advocates of the deep-sea mining and clean energy metals narrative, TMC continues to represent one of the most asymmetric opportunities in the market—a potential blueprint for the next phase of the energy transition. At $19, TMC stands as evidence that the company’s formerly controversial vision is beginning to resemble the future of sustainable mining. Investors should brace themselves for significant volatility and the risk of substantial losses if market conditions worsen or if the company is unable to deliver on its ambitious growth targets. While the potential upside is mathematically robust based on anticipated revenues, it hinges on perfect execution in a rapidly changing and competitive environment. Now, we apply a risk assessment framework while constructing the Trefis High Quality (HQ) Portfolio, which, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk compared to the benchmark index; less of a volatile experience as demonstrated in HQ Portfolio performance metrics.
	2025-10-14 11:21 1mo ago	2025-10-14 07:05 1mo ago	Rare-Earth Moves In China Pushes MP Materials Stock Higher	stocknewsapi	MP
CANADA - 2025/09/28: In this photo illustration, the MP Materials logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images MP Materials (NYSE:MP), an American company specializing in rare-earth materials and based in Las Vegas, Nevada, experienced a stock increase of approximately 8% on Friday after China revealed new export restrictions on rare-earth elements. The updated regulations will necessitate that foreign purchasers secure licenses, heightening concerns over supply shortages. In reaction, President Donald Trump threatened more substantial tariffs on Chinese imports and indicated the possibility of canceling his meeting with President Xi, rekindling U.S.-China trade frictions. This situation could provide a significant advantage for MP Materials. With Washington already investing $400 million in the firm and ensuring future purchases, MP stands to gain from any initiative that encourages the U.S. to reduce reliance on Chinese supplies. Investors are currently wagering on increased demand, improved pricing, and ongoing policy support for U.S.-based manufacturers. MP stock has recently made substantial gains, yet we presently find it unappealing. This could be seen as a warning, and there exists considerable risk in depending on a single stock. Nonetheless, there is immense value to the broader diversified strategy we adopt with Trefis High Quality Portfolio. Additionally, contemplate what the long-term performance of your portfolio could resemble if you integrated 10% commodities, 10% gold, and 2% crypto along with equities. Geopolitical changes have only heightened the significance of this role. Earlier this year, after Washington enacted higher tariffs on Chinese goods, Beijing implemented export controls on rare earths. China's rare earth exports have been severely impacted: in September 2025, exports fell by 31% from August to reach 4,000.3 tonnes, marking the lowest monthly figure since February 2025. Now, China has broadened its rare earth export restrictions to encompass 12 of the 17 rare earth elements, with new regulations set to take effect from December 1. These regulations will mandate licenses for the export of rare earth magnets and related products, including those for foreign companies that utilize Chinese-origin rare earth materials or technologies. These events underscore the necessity for a secure domestic supply. This positions MP Materials as one of the most strategic companies in America's endeavor to establish its critical minerals supply chain. The firm owns and operates the Mountain Pass Mine in California – currently the only operational rare-earth mine and processing facility in the United States. Its primary focus is on producing Neodymium-Praseodymium (NdPr), critical for high-strength permanent magnets used in EV motors, wind turbines, drones, and defense apparatus. In July, the U.S. Department of Defense became MP’s largest shareholder following a $400 million equity investment aimed at boosting the company’s magnet production capacity. MP also entered into a $500 million supply agreement with Apple, using prepayments to finance much of its new Independence facility in Texas, which will manufacture finished rare-earth magnets. Operational AdvancementsMP’s operational advancements have been robust. In Q2 2025, the company announced record NdPr oxide production, up 119% year-on-year, with sales volumes tripling to 443 metric tons. Revenue soared 84% to $57.4 million, surpassing expectations. Management anticipates another sequential production increase of 10%–20% in Q3. The company is also progressing downstream — shifting from raw oxide production to high-value magnet alloys and finished magnets, a segment where sales have already reached $20 million last quarter. MP aims to scale this to 10,000 metric tons annually by 2028, which could significantly enhance margins. Financially, MP remains well-capitalized, holding nearly $2 billion in cash, which provides it with the flexibility for expansion and R&D. What Are The Risks?Despite its strong fundamentals and policy backing, valuation is a significant concern. MP trades at approximately 50x forward revenue, comparing more closely with high-growth tech companies than with miners. The business is still unprofitable, reporting a $53.5 million net loss and consuming $126 million in cash year-to-date. Although geopolitical tailwinds have driven its rise — the stock has increased over 500% year-to-date — this reliance could work against it. Any easing in trade tensions or normalization in Chinese exports might weaken the bullish perspective. With China producing 90% of the world’s rare-earth magnets, MP’s advantage remains particularly sensitive to policy changes. The Trefis High Quality (HQ) Portfolio, comprising a selection of 30 stocks, has a proven history of comfortably surpassing its benchmark that encompasses all three – S&P 500, Russell, and S&P midcap – achieving returns in excess of 105% since its inception. Why is this the case? Collectively, HQ Portfolio stocks have delivered superior returns with lower risk compared to the benchmark index, resulting in a less volatile experience, as evident in HQ Portfolio performance metrics.
	2025-10-14 11:21 1mo ago	2025-10-14 07:06 1mo ago	Charlotte's Web™ Expands its Brightside Line with Launch of Knockout Hemp THC Sleep Gummies	stocknewsapi	CWBHF
The fourth addition to its hemp-derived THC product lineup, Knockout expands Charlotte's Web's Brightside collection into the sleep market by combining cannabinoids, clean ingredients, and fast-acting delivery technology to support quality sleep. , /PRNewswire/ - (TSX: CWEB) (OTCQB: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the pioneer and market leader in hemp-derived wellness, today announced the launch of Knockout, the newest addition to its Brightside collection of hemp-derived THC gummies. Each blackberry-flavored gummy is precisely infused with a balanced ratio of hemp-derived THC and CBN, delivering dual-action support - THC to help you fall asleep, while CBN promotes restful, uninterrupted sleep throughout the night. Leveraging proprietary AZUCA TiME INFUSION™ delivery system, Knockout offers rapid onset, with effects typically beginning within 5 to 15 minutes—setting the stage for a fast-acting, dependable experience. The launch builds on the success of Charlotte's Web's Brightside Hemp THC Gummies, which introduced a new standard of precision wellness earlier this year with its Unwind, Focus, and Recover formulations. With sleep continuing to rank among the top wellness priorities for consumers, Knockout represents the next phase of the company's investment in fast-acting, hemp-derived THC innovation. Key Benefits of Knockout: Rapid-onset formulation with effects in 5–15 minutes Balanced hemp-derived THC + CBN ratio for falling and staying asleep Natural blackberry flavor Vegan, gluten-free, and made in the USA with U.S.-grown hemp "Sleep remains one of the fastest-growing segments in wellness, and Charlotte's Web is positioned to lead the hemp wellness category," said Bill Morachnick, CEO of Charlotte's Web. "Knockout offers consumers a controlled, predictable experience—combining our trusted ingredient integrity with innovative, fast-acting delivery technology. This approach not only meets the growing demand for safe, reliable sleep solutions but also strengthens our portfolio and reinforces our commitment to science-backed formulations." Knockout is designed for people who want better sleep without compromise. As more consumers look for natural alternatives to alcohol and traditional sleep aids, Knockout combines trusted quality, clean formulations, and precise delivery for a controlled experience—helping you rest easy with confidence. Knockout retails for $39.99 (20-count) and is available through Charlotte's Web online and at select retailers nationwide starting on October 14, 2025. Shop the full sleep collection here. To learn more about Charlotte's Web, please visit www.charlottesweb.com. About Brightside Hemp-Derived THC Gummies Brightside is a new line of fast-acting hemp-derived THC gummies from Charlotte's Web, designed to elevate your wellness journey with precision and care. Featuring four unique formulations - Unwind, Focus, Recover, and Knockout - Brightside gummies combine micro- to moderate doses of hemp-derived THC with synergistic cannabinoids, offering targeted benefits in just 5-15 minutes. Brightside embodies a commitment to innovation and wellness, empowering individuals to enhance their daily experiences with curated cannabinoid formulations. Crafted for both the THC-curious and seasoned users, these gummies are made with US-grown hemp and are compliant with the 2018 Farm Bill. All products are marketed as dietary supplements and are not intended for sale to persons under the age of 21. About Charlotte's Web Holdings, Inc. About Charlotte's Web Holdings, Inc.Charlotte's Web Holdings, Inc., a Certified B Corporation headquartered in Louisville, Colorado, is a botanical wellness innovation company and market leader in hemp extract wellness. The Company's product categories include CBD oil tinctures (liquid products), CBD gummies (sleep, calming, exercise recovery, immunity), CBN gummies, hemp-derived THC microdose gummies, functional mushroom gummies, CBD capsules, CBD topical creams and lotions, as well as CBD pet products for dogs. Through its substantially vertically integrated business model, Charlotte's Web maintains stringent control over product quality and consistency with analytic testing for quality assurance. Charlotte's Web products are distributed to retailers and healthcare practitioners throughout the U.S.A. and are available online through the Company's website at www.charlottesweb.com. SOURCE Charlotte's Web Holdings, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In
	2025-10-14 11:21 1mo ago	2025-10-14 07:06 1mo ago	Wells Fargo Third-Quarter Profit Rises	stocknewsapi	WFC
Wells Fargo said its profit increased 9% in the third quarter.
	2025-10-14 11:21 1mo ago	2025-10-14 07:07 1mo ago	Wells Fargo profit rises on higher interest income	stocknewsapi	WFC
CNBC's Leslie Picker joins 'Squawk Box' to break down the company's quarterly earnings results.
	2025-10-14 11:21 1mo ago	2025-10-14 07:08 1mo ago	GM Faces $1.6 Billion Charge on EV Pullback	stocknewsapi	GM
Automaker cites end of government-funded subsidies and regulatory mandates that fueled electric-vehicle growth.
	2025-10-14 11:21 1mo ago	2025-10-14 07:08 1mo ago	Already Up 322%, Can CoreWeave Hit $400 by 2028?	stocknewsapi	CRWV
CoreWeave‘ (CRWV) 322% surge stems from AI demand, turning its crypto roots into a $5 billion revenue machine.
	2025-10-14 11:21 1mo ago	2025-10-14 07:08 1mo ago	Why Congress Is Buying Intuitive Surgical Ahead of Earnings	stocknewsapi	ISRG
Intuitive Surgical Today ISRG Intuitive Surgical $435.73 +6.14 (+1.43%) As of 10/13/2025 04:00 PM Eastern 52-Week Range$425.00▼ $616.00P/E Ratio60.77 Price Target$584.76 Intuitive Surgical Inc. NASDAQ: ISRG is entering a potential breakout window as it heads into its next earnings report on October 21, 2025. A wave of recent developments has improved the outlook and set the stage for a possible rally leading into—or following—the announcement. With new FDA approvals and a green light for European expansion, Intuitive Surgical now has access to a much larger, more actionable customer base. These developments have meaningfully expanded its addressable market and could drive increased adoption of its systems across both the United States and abroad. Get Intuitive Surgical alerts: That broader reach should begin to show up in improved earnings results over the coming quarters. As is often the case in the healthcare sector, regulatory developments play a pivotal role in shaping investor sentiment. Notably, there’s growing speculation that key regulations could soon clear, especially given recent buying activity from several U.S. Congress members—a signal that hasn't gone unnoticed by the market. As a result, investors are now assigning a premium valuation to the company, reflecting heightened expectations for future growth. For retail investors, this is an opportunity worth serious consideration. Why Intuitive Surgical Can Win Intuitive Surgical develops artificial intelligence-driven robotics for surgical procedures, enabling medical professionals to perform these procedures remotely with precision and accuracy. Given the nature of this company's industry, it is inherently surrounded by moats that neither competition nor the adoption of artificial intelligence can breach. That could be why markets view this as the premium company, but there is much more behind it. One of these drivers is the recent FDA approval for Intuitive Surgical’s da Vinci 5 software features, which will facilitate further adoption of this technology and enable remote surgical procedures aided by robotics and artificial intelligence. Secondly, the Ion endoluminal system trials have now been cleared across Europe and the United States, involving over 2,000 subjects. These studies increase the likelihood that this company will begin to report more diversified and rapidly growing revenue streams, enhancing its valuation. Despite these bullish factors, the stock trades at only 70% of its 52-week high (well into bear market territory), creating a more attractive risk-to-reward ratio for new and existing shareholders. Some of these new shareholders include congressional members who may or may not possess valuable information regarding future FDA approvals and developments. Markwayne Mullin bought up to $100,000 at an average price of $443.99 per share, or Ro Khanna, who bought up to $15,000 at an average of $466.66. These purchases were made in September 2025, just a month before the company releases its quarterly results, likely to include some positive guidance given the recent FDA approvals and European expansion. What Markets Think of Intuitive Surgical Stock Intuitive Surgical Stock Forecast Today12-Month Stock Price Forecast: $584.76 34.20% Upside Moderate Buy Based on 22 Analyst Ratings Current Price$435.73High Forecast$700.00Average Forecast$584.76Low Forecast$440.00Intuitive Surgical Stock Forecast Details The most clear-cut way investors can gauge sentiment is through valuation multiples. In the case of Intuitive Surgical, a price-to-earnings ratio of 59.9x indicates a significant preference for this stock. This multiple commands a steep premium for the medical instruments industry, at only 26.3x, and there must be a reason why markets are willing to overpay here. The Wall Street analyst consensus price target on the stock is $589.43 per share, which implies a 37.2% upside potential from its current trading price, not accounting for the potential financial benefits that could arise from recent developments. Despite these tailwinds, the company reported net earnings per share (EPS) of $2.19 in its latest quarterly results, 13% above the MarketBeat consensus of $1.93. This trade can work for many fundamental reasons, but it also goes beyond Intuitive Surgical’s business. The Healthcare Select Sector SPDR Fund NYSEARCA: XLV has underperformed the broader S&P 500 index by approximately 22% over the past 12 months, marking the widest spread in over a decade. This means that healthcare stocks, overall, are compressed in terms of valuations and price action. Should a recovery extend to the entire sector, Intuitive Surgical can amplify its bullish fundamentals and accelerate its rally higher alongside its other peers in the space, thereby creating a fantastic risk-to-reward setup. Should You Invest $1,000 in Intuitive Surgical Right Now?Before you consider Intuitive Surgical, 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 Intuitive Surgical wasn't on the list. While Intuitive Surgical currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. 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	2025-10-14 11:21 1mo ago	2025-10-14 07:09 1mo ago	JPMorgan Chase tops estimates on better-than-expected trading, investment banking results	stocknewsapi	JPM
CNBC's Joe Kernen reports on the company's quarterly earnings results.
	2025-10-14 11:21 1mo ago	2025-10-14 07:10 1mo ago	Sono-Tek Reports Fiscal Second Quarter Financial Results and Record First Half 2026 Revenue	stocknewsapi	SOTK
- Reports Sixth Consecutive Quarter of Revenue over $5 million Highlighted by 150% Annual Increase in Medical Market Sales- -Fiscal First Half Net Income Increases 35%- -Backlog Increased 50% Sequentially Reflecting New Order Momentum- -Updates FY26 Guidance Reflecting Improved Outlook, Anticipating Modest Revenue Growth with Increasing Demand in the Medical Device Market- -Conference Call Today at 10:30 am ET- MILTON, N.Y., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for the second quarter and first half of fiscal year 2026, ended August 31, 2025. Second Quarter Fiscal 2026 Highlights Net Sales for the quarter increased to $5.163 million compared to $5.162 million year over year and increased sequentially compared to $5.13 million in the first quarter of fiscal 2026.Gross profit for the quarter increased 3% year over year to $2.6 million compared with $2.5 million.Net income for the quarter increased 24% to $424 thousand, or $0.03 per share, compared with $341 thousand, or $0.02 per share. First Half Fiscal 2026 Highlights Record first half fiscal 2026 revenue increased year over year to $10.30 million compared to $10.19 million.Gross profit increased 6% year over year to $5.3 million compared with $5.0 million, primarily due to product mix and favorable warranty expenses in the current period.Net income increased 35% year over year to $909 thousand, or $0.06 per share, compared with $672 thousand, or $0.04 per share. Balance Sheet, Backlog and Guidance for Fiscal Year 2026 As of August 31, 2025, cash, cash equivalents and marketable securities totaled $10.6 million with no outstanding debt.Total equipment and service-related backlog remains strong at $11.21 million compared to $11.6 million at the end of Q2 FY2025 and increased 50% compared to $7.48 million at the end of Q1 FY2026, reflecting new order momentum from the medical market. For the full fiscal year, the Company is updating its guidance reflecting an improved outlook anticipating modest revenue growth, balancing a cautious view as the market adjusts to recent shifts in governmental clean energy and tariff policies with a positive offset from growing demand in the medical device market. Dr. Christopher L. Coccio, Executive Chairman, stated, “We are pleased to report continued growth and profitability in line with our guidance with the continuing trend of over $5 million in quarterly revenue for the past six quarters. Importantly, we remain solidly profitable with strong margins and effective cost controls. Based on projected shipments for the second half of our fiscal year 2026, we are raising guidance slightly, now anticipating modest revenue growth, taking into consideration evolving governmental clean energy incentives and tariff policies which each may affect the initiation and timing of customer orders. Despite the evolving landscape in the clean energy industry, we have successfully offset it with our diversification strategy into other sectors such as the medical device industry. It is gratifying to see the promising demand in the medical device industry that we projected coming to fruition with our recently announced $5 million dollar order for multiple state-of-the-art MediCoat systems designed for high-precision, scalable manufacturing in addition to our most recent order of over $2.8 million from another major medical device manufacturer. With a healthy balance sheet, solid backlog and strong customer demand, we remain laser focused on execution and look forward to building on our recent success.” Steve Harshbarger, CEO & President of Sono-Tek stated, “We continue to see the success of our growth strategies with customers moving into complex large-scale production systems with significantly higher average selling prices “ASPs”. Customer demand and momentum remain strong, and it is validating to see the growing adoption of Sono-Tek’s advanced coating platforms by leading medical device manufacturers worldwide. We are well positioned with our strong balance sheet and backlog to navigate potential short-term demand shifts that may result from changes in tariff policies and clean energy incentives. We remain focused on our long-term growth strategy and look forward to continued revenue growth and profitability over the long term.” Second Quarter Fiscal 2026 Results (Narrative compares with prior-year period unless otherwise noted) ($ in thousands) Three Months Ended August 31, Change 2025 2024 $ % Net Sales$5,163 $5,162 1 0% Gross Profit$2,590 $2,516 74 3% Gross Margin 50% 49% Operating Income$421 $286 135 47% Operating Margin 8% 6% Net Income$424 $341 83 24% Net Margin 8% 7% Net Sales: $5.163 million, a slight increase from the $5.162 million in the second quarter of fiscal year 2025. This marks the sixth consecutive quarter with sales over $5 million. Gross Profit: $2.6 million, up 3% from the prior year second quarter of $2.5 million. Gross margin increased to 50% from 49%, mainly due to a favorable product mix of high ASP systems, reflecting further maturation of our product offerings, with reduced costs and favorable warranty expenses in the current period.Operating Income: Increased 47% to $421 thousand compared to $286 thousand in the second quarter of fiscal year 2025, due to an increase in gross profit combined with lower operating expenses.Net Income: Increased 24% to $424 thousand, up from $341 thousand in the second quarter of fiscal year 2025, reflecting a combination of higher gross profit and lower operating expenses.Other Income: Interest and dividend income decreased slightly to $82 thousand for the second quarter of fiscal year 2026 from $85 thousand in the second quarter of fiscal year 2025. Second Quarter Fiscal Year 2026 Product and Market Sales Overview Product Categories: In-Line Coating Systems (previously referred to as Integrated Coating Systems) sales decreased by $493 thousand, or 24%, to $1.53 million, primarily driven by a customer-requested delivery delay in the clean energy sector. Multi-Axis Coating Systems increased by $99 thousand, or 5%, to $2.03 million. Fluxing sales increased by $46 thousand or 39% to $165 thousand, reflecting increased demand from Asia. OEM sales increased by $189 thousand, or 92%, to $394 thousand driven by strong fluxer OEMs and two new OEM’s. Spare parts, Services and Other sales increased by $160 thousand, or 18% to $1.04 million. During the current reporting period, the Company updated the title of its product category previously referred to as “Integrated Coating Systems” to “In-Line Coating Systems.” We made this change to provide greater clarity in describing this segment of our business. The definition and contents of this category remain unchanged.In-Line Coating Systems include Sono-Tek products that are typically stationary platforms with minimal motion control and may occasionally incorporate a simple axis of movement such as a rotation fixture. These systems are commonly installed over moving substrates such as conveyors or webs, which may be provided either by Sono-Tek or by the customer. They often employ multiple ultrasonic nozzles to provide uniform coverage over larger areas in continuous production environments. In-Line Coating Systems are unlike our Multi-Axis Coating Systems, which commonly utilize XYZ motion platforms or 6+ axis robotic configurations. End Markets: The Medical market increased by 150% y-o-y or $602 thousand to $1.00 million, led by balloon coating systems shipped to the U.S., Europe, and China. Alternative/Clean Energy decreased slightly by 3% y-o-y or $65 thousand, to $2.43 million, supported by a strong clean energy backlog going into FY 2026. The Electronics market declined slightly by 1% y-o-y, down $22 thousand to $1.46 million. The Industrial market declined 68% or $517 thousand to $238 thousand, influenced by a large FY 2025 European glass coating order that did not repeat. Geography: US/Canada sales decreased 22% y-o-y, or $775 thousand, driven by slowing momentum in the US clean energy industry. Offsetting the US sales decline, sales in Asia increased 153% y-o-y, or $562 thousand, with major growth in China and other parts of Asia. EMEA sales increased 25%, or $288 thousand while Latin American sales were down $74 thousand. First Half Fiscal Year 2026 Overview (Narrative compares with prior-year period unless otherwise noted) ($ in thousands) Six Months Ended August 31, Change 2025 2024 $ %Net Sales$10,295 $10,193 102 1% Gross Profit$5,254 $4,971 283 6% Gross Margin 51% 49% Operating Income$905 $524 381 73% Operating Margin 9% 5% Net Income$909 $672 237 35% Net Margin 9% 7% Net Sales: $10.30 million, an increase from $10.19 million in the first half of fiscal year 2025.Gross Profit: $5.3 million, up 6% from the first half of fiscal year 2025 of $5 million. Gross margin increased to 51% from 49%, mainly primarily due to product mix and favorable warranty expenses in the current period.Operating Income: Increased 73% to $905 thousand compared to $524 thousand in the first half of fiscal year 2025, due to an increase in gross profit combined with lower operating expenses.Net Income: Increased 35% to $909 thousand, up from $672 thousand in the first half of fiscal year 2025, reflecting a combination of higher gross profit and lower operating expenses.Other Income: Interest and dividend income decreased slightly to $224 thousand for the first half of fiscal year 2026 compared to $228 thousand for the first half of fiscal year 2025. First Half Fiscal Year 2026 Product and Market Sales Overview Product Categories: In-Line Coating Systems (previously referred to as Integrated Coating Systems) sales increased by $1.82 million, or 65%, to $4.58 million, driven by shipments of six high-ASP systems to a major solar customer totaling $4.42 million. Fluxing sales increased by $64 thousand or 25% driven by strength in Asia. Multi-Axis Coating Systems declined $1.89 million, or 41%, to $2.71 million following a strong FY2025 for semiconductor systems that did not repeat, and slower clean energy activity in FY2026. OEM sales were down slightly by $13 thousand or 2% and Spare Parts, Services and Other sales were up $126 thousand, a 6% increase. End Markets: The Medical market rose by 44% or $553 thousand, supported by strong balloon coating systems shipped to the U.S., Europe, and China, and increased stent coating activity in Europe. Alternative/Clean Energy rose 19% y-o-y, up $901 thousand, driven by the shipment of six high ASP solar coating systems. The Electronics market declined 21% y-o-y, down $646 thousand following strong FY2025 semiconductor sales, and FY2026 customer timing for similar machines. The Industrial market declined 67% or $711 thousand, influenced by a large FY 2025 European glass coating order that did not repeat. Geography: US/Canada sales decreased 5% y-o-y, or $324 thousand, driven by slowing momentum in the US clean energy industry. This was offset by increased sales in Asia with 74% growth y-o-y, or $647 thousand, led by strong medical sales in China and strong alternative energy sales in Japan and South Korea. EMEA sales declined slightly, declining $60 thousand and Latin American sales down $160 thousand, due to slow fluxing sales in Mexico. Balance Sheet and Cash Flow Overview At August 31, 2025, cash, cash equivalents and marketable securities totaled $10.6 million, with no debt, and stockholders’ equity was $18.7 million. Capital expenditures in the first half of fiscal 2026 were $113K, which were invested in ongoing upgrades to the Sono-Tek’s manufacturing facilities. Sono-Tek anticipates that capital expenditures will total approximately $300k in fiscal year 2026. Conference Call Information Sono-Tek will hold a conference call to discuss its second quarter and first half of fiscal year 2026 financial results today, Tuesday, October 14, 2025 at 10:30 am ET. To participate, please call 1-844-481-2752 or 1-412-317-0668 for international callers at least 10 minutes prior to the start of the call and ask to join the Sono-Tek call. A simultaneous webcast of the call may be accessed through the Company's website, Events & Presentations \| Sono-Tek or at https://event.choruscall.com/mediaframe/webcast.html?webcastid=L9LSqRTH A replay of the call will be available at 1-877-344-7529 or 1-412-317-0088 for international callers, access code 6867548, through October 21, 2025. A replay of the call will also be available on the Company’s website for one year at www.sono-tek.com. About Sono-Tek Sono-Tek Corporation (Nasdaq: SOTK) is a global leader in the design and manufacture of ultrasonic coating systems that are shaping industries and driving innovation worldwide. Our ultrasonic coating systems are used to apply thin films onto parts in diverse industries including medical devices, semiconductors, microelectronics, alternative energy, advanced industrial manufacturing, and research and development sectors. Sono-Tek has a long history of providing advanced coating solutions to the medical device industry, enabling precision coatings for life-saving technologies such as stents, balloons, diagnostic devices, and various drug delivery platforms. At the same time, our expertise in semiconductor and microelectronics applications continues to expand, as customers increasingly turn to Sono-Tek for solutions supporting next-generation chips, displays, and sensors. Alongside these markets, our technologies are also leading the way in next-generation clean energy coatings for fuel cells, carbon capture, advanced solar cells, and various other advanced industrial applications, underscoring the versatility and broad reach of Sono-Tek’s ultrasonic coating platforms. Our product line is rapidly evolving, transitioning from R&D tools to high-volume production machines with significantly higher average selling prices, showcasing our market leadership and adaptability. Our comprehensive suite of thin film coating solutions and application consulting services ensures unparalleled results for our clients and helps some of the world’s most promising companies achieve technological breakthroughs and bring them to market. The company strategically delivers its products to customers through a network of direct sales personnel, carefully chosen independent distributors, and experienced sales representatives, ensuring efficient market reach across diverse sectors around the globe. Our growth strategy is focused on leveraging our innovative technologies, proprietary know-how, unique talent and experience, and global reach to further develop microscopic coating technologies that enable better outcomes for our customers’ products and processes. For further information, visit www.sono-tek.com. Safe Harbor Statement This news release contains forward looking statements regarding future events and the future performance of Sono-Tek Corporation that involve risks and uncertainties that could cause actual results to differ materially. These “forward-looking statements’ are based on currently available competitive, financial and economic data and our operating plans. They are inherently uncertain, and investors must recognize that events could turn out to be significantly different from our expectations and could cause actual results to differ materially. These factors include, among other considerations, general economic and business conditions, including political, regulatory, tax, competitive and technological developments affecting our operations or the demand for our products; inflationary and supply chain pressures; continued strength of sales to the medical device market; continued private and public funding for the clean energy sector and continued strong demand for Sono-Tek’s suite of thin film coating solutions and application consulting services in the clean energy and other markets; maintenance of order backlog; the imposition of tariffs; timely development and market acceptance of new products and continued customer validation of our coating technologies; adequacy of financing; capacity additions, the ability to enforce patents; maintenance of operating leverage; consummation of order proposals; completion of large orders on schedule and on budget; successful transition from primarily selling ultrasonic nozzles and components to a more complex business providing complete machine solutions and higher value subsystems; and realization of quarterly and annual revenues within the forecasted range of sales guidance. We undertake no obligation to update any forward-looking statement. For more information: Sono-Tek Corp. Stephen J. Bagley Chief Financial Officer Ph: (845) 795-2020 [email protected] Investor Relations Kirin Smith PCG Advisory, Inc. [email protected] -FINANCIAL TABLES FOLLOW- SONO-TEK CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS August 31, 2025 February 28, 2025 (Unaudited) ASSETS Current Assets: Cash and cash equivalents $3,832,133 $5,202,361 Marketable securities 6,736,469 6,727,678 Accounts receivable (less allowance of $12,225, respectively) 4,212,354 2,347,764 Inventories 4,152,027 4,474,401 Prepaid expenses and other current assets 188,695 236,261 Total current assets 19,121,678 18,988,465 Land 250,000 250,000 Buildings, equipment, furnishings and leasehold improvements, net 2,413,664 2,610,600 Intangible assets, net 33,529 37,386 Deferred tax asset 1,366,864 1,525,185 TOTAL ASSETS $23,185,735 $23,411,636 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities: Accounts payable $614,512 $859,483 Accrued expenses 1,852,959 1,718,574 Customer deposits 1,906,629 2,413,195 Income taxes payable 27,813 496,055 Total current liabilities 4,401,913 5,487,307 Deferred tax liability 88,153 132,134 Total liabilities 4,490,066 5,619,441 Commitments and Contingencies (Note 10) Stockholders’ Equity Common stock, $.01 par value; 25,000,000 shares authorized, 15,751,153 issued and 15,707,062 outstanding as of August 31, 2025 and 15,751,153 issued and 15,749,037 outstanding February 28, 2025, respectively 157,512 157,512 Additional paid-in capital 10,163,952 10,018,034 Accumulated earnings 8,533,194 7,624,516 Treasury stock, at cost, 44,091 shares and 2,116 shares, August 31, 2025 and February 28, 2025, respectively (158,989) (7,867)Total stockholders’ equity 18,695,669 17,792,195 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $23,185,735 $23,411,636 See notes to unaudited condensed consolidated financial statements. SONO-TEK CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) Six Months Ended August 31, Three Months Ended August 31, 2025 2024 2025 2024 Net Sales $10,295,469 $10,192,820 $5,162,696 $5,161,782 Cost of Goods Sold 5,041,218 5,222,236 2,572,959 2,645,685 Gross Profit 5,254,251 4,970,584 2,589,737 2,516,097 Operating Expenses Research and product development costs 1,295,748 1,427,303 627,278 695,873 Marketing and selling expenses 1,729,504 1,885,608 871,353 988,418 General and administrative costs 1,324,477 1,133,387 669,952 545,816 Total Operating Expenses 4,349,729 4,446,298 2,168,583 2,230,107 Operating Income 904,522 524,286 421,154 285,990 Interest and Dividend Income 223,660 227,730 81,562 85,076 Net unrealized gain on marketable securities 1,570 53,941 23,493 43,580 Income Before Income Taxes 1,129,752 805,957 526,209 414,646 Income Tax Expense 221,074 134,435 102,516 73,961 Net Income $908,678 $671,522 $423,693 $340,685 Basic Earnings Per Share $0.06 $0.04 $0.03 $0.02 Diluted Earnings Per Share $0.06 $0.04 $0.03 $0.02 Weighted Average Shares - Basic 15,727,844 15,750,895 15,721,162 15,750,910 Weighted Average Shares - Diluted 15,740,384 15,771,472 15,731,571 15,768,251 See notes to unaudited condensed consolidated financial statements. Product Sales Three Months Ended August 31, Change Six Months Ended August 31, Change 2025 2024 $ % 2025 2024 $ % Fluxing Systems $165,000 $119,000 46,000 39% $317,000 $253,000 64,000 25% In-Line Coating Systems 1 1,530,000 2,023,000 (493,000) (24%) 4,584,000 2,770,000 1,814,000 65% Multi-Axis Coating Systems 2,030,000 1,931,000 99,000 5% 2,707,000 4,595,000 (1,888,000) (41%) OEM Systems 394,000 205,000 189,000 92% 524,000 537,000 (13,000) (2%) Spare Parts, Services and Other 1,044,000 884,000 160,000 18% 2,164,000 2,038,000 126,000 6% TOTAL $5,163,000 $5,162,000 1,000 0% $10,296,000 $10,193,000 103,000 1% During the current reporting period, the Company updated the title of its product category previously referred to as “Integrated Coating Systems” to “In-Line Coating Systems.” This change was made to provide greater clarity in describing this product line of our business. The definition and contents of this category remain unchanged. In-Line Coating Systems include Sono-Tek products that are typically stationary platforms with minimal motion control, and may occasionally incorporate a simple axis of movement such as a rotation fixture. These systems are commonly installed over moving substrates such as conveyors or webs, which may be provided either by Sono-Tek or by the customer. They often employ multiple ultrasonic nozzles to provide uniform coverage over larger areas in continuous production environments. In-Line Coating Systems are unlike our Multi-Axis Coating Systems, which commonly utilize XYZ motion platforms or 6+ axis robotic configurations. Market Sales Three Months Ended August 31, Change Six Months Ended August 31, Change 2025 2024 $ % 2025 2024 $ % Electronics/Microelectronics $1,455,000 $1,477,000 (22,000) (1%) $2,399,000 $3,045,000 (646,000) (21%)Medical 1,004,000 402,000 602,000 150% 1,812,000 1,259,000 553,000 44% Alternative/Clean Energy 2,433,000 2,498,000 (65,000) (3%) 5,681,000 4,780,000 901,000 19% Emerging R&D and Other 33,000 30,000 3,000 10% 47,000 41,000 6,000 15% Industrial 238,000 755,000 (517,000) (68%) 357,000 1,068,000 (711,000) (67%)TOTAL $5,163,000 $5,162,000 1,000 0% $10,296,000 $10,193,000 103,000 1% Geographic Sales Three Months Ended August 31, Change Six Months Ended August 31, Change 2025 2024 $ % 2025 2024 $ % U.S. & Canada $2,720,000 $3,495,000 (775,000) (22%) $6,263,000 $6,587,000 (324,000) (5%)Asia Pacific (APAC) 930,000 368,000 562,000 153% 1,527,000 880,000 647,000 74% Europe, Middle East, Asia (EMEA) 1,424,000 1,136,000 288,000 25% 2,321,000 2,381,000 (60,000) (3%)Latin America 89,000 163,000 (74,000) (45%) 185,000 345,000 (160,000) (46%)TOTAL $5,163,000 $5,162,000 1,000 0% $10,296,000 $10,193,000 103,000 1%
	2025-10-14 11:21 1mo ago	2025-10-14 07:10 1mo ago	New Strong Sell Stocks for Oct. 14th	stocknewsapi	AR ATOS BTCS
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Antero Resources (AR - Free Report) is an independent explorer, primarily engaged in the acquisition and development of natural gas, natural gas liquids and oil resources in the Appalachian Basin. The Zacks Consensus Estimate for its current year earnings has been revised almost 25.4 downward over the last 60 days. BTCS Inc. (BTCS - Free Report) is focused on blockchain infrastructure and technology. The Zacks Consensus Estimate for its current year earnings has been revised almost 23.5% downward over the last 60 days. Atossa Genetics (ATOS - Free Report) is a healthcare company focused on the development and marketing of cellular and molecular diagnostic risk assessment products for breast cancer. The Zacks Consensus Estimate for its current year earnings has been revised 8.3% downward over the last 60 days. View the entire Zacks Rank #5 List.
	2025-10-14 11:21 1mo ago	2025-10-14 07:10 1mo ago	GM to take $1.6 billion charge related to EV pullback	stocknewsapi	GM
CNBC's Phil LeBeau joins 'Squawk Box' with the latest news from General Motors.
	2025-10-14 11:21 1mo ago	2025-10-14 07:11 1mo ago	Bitcoin Bancorp Announces FINRA Completion of Corporate Name Change to Bitcoin Bancorp and New Trading Symbol “BCBC”	stocknewsapi	BULT
LAS VEGAS, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Bitcoin Bancorp. (“Bitcoin Bancorp” or the “Company”), formerly Bullet Blockchain, Inc. and trading under the symbol (OTC: BULT), today announced that FINRA has confirmed and completed the Company’s corporate action to change its name to Bitcoin Bancorp, Inc. and its trading symbol to “BCBC.” The Company’s common stock will begin trading on the OTC market under the new symbol BCBC effective at the open of trading on October 15, 2025. No action is required by our shareholders. Key Highlights: New Corporate name: From Bullet Blockchain, Inc. to Bitcoin Bancorp, Inc.New Symbol change: From BULT to BCBC, effective 10/15/2025.Shareholder action: No action is required; all existing shares remain valid and tradable.CUSIP: Current CUSIP will remain the same: 12023B103.ISIN: Current ISIN will remain the same: US12023B1035. “Rebranding to Bitcoin Bancorp marks the evolution of our Company into a Bitcoin-native financial services institution with patented Bitcoin ATM technologies, a licensed Bitcoin ATM network, and Bitcoin Treasury management solutions for NASDAQ companies,” said Eric Noveshen, Director of Bitcoin Bancorp. “We envision Bitcoin Bancorp will serve as the bridge between traditional finance and digital asset infrastructure, combining innovation, compliance, and institutional trust.” Bitcoin Bancorp’s recent moves ensure that the Company remains at the forefront of innovation, offering innovative crypto financial services and building a trusted brand name. Bitcoin Bancorp’s ownership of Bitcoin ATMs and two (2) U.S. patents protecting its Bitcoin ATM technologies forms the backbone of Bitcoin Bancorp’s mission to make Bitcoin accessible, auditable, and seamlessly integrated into the global financial ecosystem. About Bitcoin Bancorp, Inc. Headquartered in Las Vegas, Nevada, Bitcoin Bancorp – common stock is publicly traded on the OTC Markets under the symbol (BCBC) – is a diversified digital asset and BaaS company, specializing in blockchain technologies, software development, and Web 3.0. As previously announced, Bitcoin Bancorp, through its wholly owned subsidiary, First Bitcoin Capital LLC, is the owner and exclusive licensor of intellectual property consisting of two (2) Bitcoin ATM patents – U.S. Patent Nos. US9135787B1 and US10332205B1. Bitcoin Bancorp owns Bitcoin ATMs which are operated by licensed third-party operators within the jurisdictions in which they reside. Bitcoin Bancorp is committed to driving the innovations needed to shape the future of digital and blockchain-related platforms through digital technology and decentralized blockchain solutions. Management is dedicated to rapid growth and increasing shareholder value. Bitcoin Bancorp is not licensed as a bank in the U.S. and does not provide banking services. Shareholders, potential investors, and others should note that we announce material events and material financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our OTC Markets’ disclosures, press releases, public conference calls, and webcasts. We also use social media to communicate with our email subscribers and the public about Bitcoin Bancorp, services, and other related information. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage shareholders, the media, and others interested in Bitcoin Bancorp to review the information we post on Bitcoin Bancorp’s social media channels listed below. This list may be updated from time to time. For investor and general information, please email  [email protected] Follow us at:Website:https://www.BitcoinBancorp.com/X (f/k/a Twitter):@BULT_stockReddit:https://www.reddit.com/r/BULT/Facebook:https://www.facebook.com/BulletBlockchainInc/Instagram:https://www.instagram.com/bitcoin_bancorp/#LinkedIn:www.linkedin.com/in/bullet-blockchain-inc Find investor and general information at https://www.otcmarkets.com/stock/BULT/profile Forward-Looking Statements: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release, and these views could change at some point in the future. However, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “anticipate,” “anticipates,” “believes,” “belief,” “envision,” “expects,” “expect,” “intend,” “plans,” “plans,” “plan,” to be uncertain and forward-looking. Contact us: [email protected] SOURCE: Bitcoin Bancorp, Inc. f/k/a Bullet Blockchain, Inc.
	2025-10-14 11:21 1mo ago	2025-10-14 07:13 1mo ago	PotlatchDeltic and Rayonier Announce All-Stock Merger. What It Means for the Timberland Owners.	stocknewsapi	PCH RYN
The deal will create a combined company with an enterprise value of more than $8 billion.
	2025-10-14 11:21 1mo ago	2025-10-14 07:14 1mo ago	Ecora Resources eyes value unlock as Santa Domingo advances with Orion's Capstone deal	stocknewsapi	ECRAF
Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) is eyeing valuable new income, highlighting that Orion Resource Partners has agreed a deal with Capstone Copper to acquire a 25% interest in the Santo Domingo project and the Sierra Norte project for up to US$360 million. Capstone said it is advancing remaining workstreams, and it expects a final investment decision on Santo Domingo in H2 2026. Ecora retains a 2% net smelter return royalty over certain Santo Domingo tenements, which include the highest copper grade portion of the deposit and is identified to be mined first, according to an updated feasibility study last year. Ecora said the royalty is expected to generate an average annual royalty entitlement of US$30-to-35million over the first seven years at planned production rates and spot commodity prices.
	2025-10-14 11:21 1mo ago	2025-10-14 07:15 1mo ago	PTIR: Palantir Leverage Is Exciting, But Imprudent	stocknewsapi	PLTR
Analyst’s Disclosure:I/we have a beneficial long position in the shares of PLTR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
	2025-10-14 11:21 1mo ago	2025-10-14 07:16 1mo ago	Morgan Stanley Raises JOYY (JOYY.US) Target Price from US$40 to US$62 on Signs of Live Streaming Recovery and Attractive Shareholder Returns	stocknewsapi	YY
, /PRNewswire/ -- Morgan Stanley has raised its target price for JOYY (JOYY.US) to US$62 from US$40, reflecting improving fundamentals in JOYY's core business, accelerating advertising growth, and attractive shareholder returns. The firm also highlighted JOYY's robust cash position and attractive shareholder return program as key factors offering downside protection. Live-streaming business may have bottomed out: Morgan Stanley thinks JOYY's live steaming business may have bottomed out since 2Q25, after reporting 1% QoQ growth and positive management comments on revenue growth. The report expects further QoQ improvement in 2H25 and more growth in 2026-2027. Advertising business to be the main growth driver in 2026 –2027: The report notes that JOYY's advertising business continued its strong revenue momentum in the first half of 2025, following more than 175% year-over-year growth in 2024. Morgan Stanley expects this momentum to persist, forecasting 26% year-over-year growth in 2H25 and 20% in 2026. Attractive dividends and buybacks of US$300mn annually in 2025-2027: The company previously announced a three-year quarterly dividend policy totaling approximately US$600 million, together with a share repurchase program of up to US$300 million during 2025-2027. In 1H25, JOYY allocated US$135 million to quarterly dividends and share buybacks. Morgan Stanley assumes US$300 million in annual investor returns, including dividends and share buybacks. SOURCE JOYY Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In
	2025-10-14 11:21 1mo ago	2025-10-14 07:18 1mo ago	Atlas Salt Announces LIFE Private Placement Targeting Gross Proceeds of up to $8 Million	stocknewsapi	REMRF
October 14, 2025 07:18 ET \| Source: Atlas Salt Inc. THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ST. GEORGE'S, Newfoundland and Labrador, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF; FRA:9D00) announces that it has entered into an agreement with Raymond James Ltd. and Ventum Financial Corp. (collectively, the “Agents”), to act as co-leads and joint bookrunners, in connection with a commercially reasonable efforts private placement offering for up to 10,000,000 common shares of the Company (“Common Shares”) at a price of $0.80 per Common Share (“Offering Price”) for aggregate gross proceeds of up to $8,000,000 (the “Offering”). The Company has also granted the Agents an option (the “Agents’ Option”) to sell up to an additional 1,500,000 Common Shares for additional gross proceeds of up to $1,200,000, exercisable in whole or in part, any time up to 48 hours prior to the closing of the Offering. The Agents shall be under no obligation, in whole or in part, to exercise the Agents’ Option. The Company has agreed to pay to the Agents a cash commission equal to 6% of the gross proceeds of the Offering. The Company has also agreed to issue to the Agents that number of compensation options (“Compensation Options”) equal to 6.0% of the aggregate number of Shares issued by the Company under the Offering. Each Compensation Option is exercisable to acquire one Common Share at a price equal to the Offering Price for a period of 24 months from the closing date of the Offering. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions (“NI 45-106”), the Offering will be offered for sale to purchasers resident in all of the provinces of Canada with the exception of Québec pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”). The securities issuable from the sale of the Offering are expected to be immediately freely tradeable in accordance with applicable Canadian securities legislation if sold to purchasers resident in Canada. The Common Shares may also be sold in offshore jurisdictions and in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act”). The minimum amount to be raised in the offering is $5,000,000. There is an offering document (the “Offering Document”) related to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company’s website at www.atlassalt.com. Prospective investors should read this Offering Document before making an investment decision. The net proceeds received from the Offering will be used for civil engineering work related to advancing the Great Atlantic Salt Project towards development and for general corporate and working capital purposes, as further described in the Offering Document. The Offering is scheduled to close on or about October 21, 2025 (“Closing Date”) or such other date as the Company and the Agents may agree and, in any event, on or before a date not later than 45 days after the date of the news release announcing the Offering. Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. Certain insiders of the Company are anticipated to participate in the Offering, and such participation by insiders will constitute a related party transaction as defined in Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company intends to rely on exemptions from the formal valuation and minority shareholder requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that neither the fair market value of the securities to be issued under the Offering nor the consideration to be paid by insiders of the Company will exceed 25% of the Company's market capitalization. This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. About Atlas Salt Atlas Salt is developing Canada’s next salt mine and is committed to responsible and sustainable mining practices. With a focus on innovation and efficiency, the company is poised to make significant contributions to the North American salt market while upholding its values of environmental stewardship and community engagement. For information, please contact: Jeff Kilborn, CFO & VP Corporate Development [email protected] (709) 275-2009 We seek safe harbour. Cautionary Statement Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved. Forward-looking statements in this press release relate to the anticipated closing of the Offering; the approval of the TSX Venture Exchange; the filing of the Offering Document; the intended use of proceeds from the Offering. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of required permits, supply arrangements and financing. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
	2025-10-14 10:21 1mo ago	2025-10-14 06:00 1mo ago	Solidion Technology Will Avoid Substantially Dilutive Share Sales	stocknewsapi	STI
Company Intends to Shun Highly Toxic Financing Structures and May Consider Long-Term or Strategic Partners For Future Capital Needs , /PRNewswire/ -- Solidion Technology Inc. ("Solidion" or the "Company") (Nasdaq: STI), an advanced battery technology solutions provider, today reaffirmed its commitment to protect shareholder value by avoiding financing structures that could result in substantial dilution to existing investors. Jaymes Winters, Chief Executive Officer of Solidion Technology, stated: "Our focus remains on building intrinsic value through the commercialization of our advanced solid-state battery technology. To that end, we intend to avoid financing arrangements that create short-term pressure or excessive dilution. Instead, we are open to proposals from long-term or strategic investors who share our vision for sustainable growth and value creation." Solidion continues to advance key initiatives aimed at scaling production capacity, securing strategic partnerships, and expanding its customer base across the EV and energy storage sectors. The Company expects to provide further updates on its commercialization roadmap in the coming quarters. About Solidion Technology, Inc. Headquartered in Dallas, Texas with pilot production facilities in Dayton, Ohio, Solidion's (NASDAQ: STI) core business includes manufacturing of battery materials and components, as well as development and production of next-generation batteries for energy storage systems, including UPS systems serving the artificial intelligence (AI) data center market and electric vehicles for ground, aerospace, and sea transportation. Solidion holds a portfolio of over 525 patents, covering innovations such as high-capacity, silane gas free and graphene-enabled silicon anodes, biomass-based graphite, advanced lithium-sulfur and lithium-metal technologies. For more information, please visit www.solidiontech.com or contact Investor Relations. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc., (NASDAQ: STI) (the "Company," "Solidion," "we," "our" or "us") desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "forecasts" "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law. SOURCE Solidion Technology, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In
	2025-10-14 10:21 1mo ago	2025-10-14 06:00 1mo ago	Loncor Gold Announces Acquisition by Chengtun Mining for C$261 Million	stocknewsapi	LONCF
October 14, 2025 6:00 AM EDT \| Source: Loncor Gold Inc. Toronto, Ontario--(Newsfile Corp. - October 14, 2025) - Loncor Gold Inc. (TSX: LN) (OTCQX: LONCF) (FSE: LO5) ("Loncor" or the "Company") and Chengtun Mining Group Co., Ltd. (SSE: 600711), Ltd, through its wholly-owned subsidiary, Chengtun Gold Ontario Inc. (collectively "Chengtun Mining" or the "Purchaser"), are pleased to announce they have entered into an arrangement agreement (the "Arrangement Agreement"), pursuant to which Chengtun Mining will acquire all the outstanding common shares of Loncor (each, a "Loncor Share"), in exchange for C$1.38 per Loncor Share (the "Consideration") in an all-cash transaction by way of a plan of arrangement (the "Transaction"). The Consideration represents total equity value of approximately C$261 million on a fully diluted basis. The Consideration represents a premium of approximately 33% to the 30-day volume weighted average trading price ("VWAP") of the Loncor Shares, and a premium of approximately 16% to the closing price of the Loncor Shares as at October 10, 2025 on the Toronto Stock Exchange (the "TSX"). Further details of the Transaction are outlined below. As part of the Transaction, Loncor shareholders representing approximately 38% of the issued and outstanding Loncor Shares have signed voting support agreements, pursuant to which they have agreed, among other things, to vote their Loncor Shares in favour of the Transaction. Arnold Kondrat, Executive Chairman of Loncor, commented: "I am pleased to announce that we have entered into an agreement for the sale of the Company, marking a significant achievement for all stakeholders. This Transaction crystallizes the inherent value we have built over 15 years and eliminates future dilution while mitigating commodity, political, and execution risks. The sale delivers a strong outcome for shareholders." Transaction Highlights Immediate and significant premium of approximately 33% and 16% to the 30-day VWAP and the closing price of the Loncor Shares, respectively. All-cash offer, providing certainty of value and immediate liquidity to Loncor shareholders. Highly capable counterparty in Chengtun Mining which is principally engaged in trading and mining of new energy metal business internationally. Chengtun Mining's products mainly include copper, cobalt, nickel and gold, and has accumulated extensive operational experience in the Democratic Republic of the Congo.Crystallizes value while removing future dilution, commodity and execution risk for Loncor shareholders. Leverage's Chengtun Mining's strong access to capital and depth of technical and in-country expertise to develop the Imbo project. Transaction Terms Pursuant to the terms and conditions of the Arrangement Agreement, signed on October 14, 2025, the holders of the issued and outstanding Loncor Shares will receive the Consideration. The Transaction will be carried out by way of court-approved plan of arrangement under the Business Corporations Act (Ontario). The Arrangement Agreement contains customary reciprocal deal-protection provisions including a non-solicitation covenant and a "fiduciary out" that would allow Loncor to accept a superior proposal as defined in the Arrangement Agreement, subject to a right for Chengtun Mining to match any superior proposal. The Arrangement Agreement also provides for a mutual reciprocal termination fee of C$10 million, payable in certain circumstances. Pursuant to the Arrangement Agreement, each outstanding Loncor stock option and Loncor common share purchase warrant outstanding at the effective time of the Transaction, will be deemed to be surrendered, assigned and transferred by the holder thereof to Loncor in exchange for a cash payment equal to the amount by which the Consideration exceeds the exercise price of such stock option or warrant, as applicable. The Arrangement Agreement also provides that the Purchaser will provide to Loncor refundable advances totalling US$3,000,000 within the 60 day period following the date of the Arrangement Agreement. These advances are to be used in connection with the Company's ongoing exploration program at the Adumbi deposit and for general corporate purposes. Further details of the Arrangement Agreement will be included in a management information circular of Loncor that is expected to be mailed to Loncor shareholders in the coming weeks. A copy of the Arrangement Agreement will be made available on Loncor's SEDAR+ profile at www.sedarplus.ca. Conditions to Completion The completion of the Transaction is subject to a number of terms and conditions, including without limitation the following: (i) approval of the Loncor shareholders, as described below; (ii) acceptance of the TSX; (iii) approval of the Ontario Superior Court; and (iv) other standard conditions of closing for a transaction of this nature. There can be no assurance that all of the necessary approvals will be obtained or that all conditions of closing will be satisfied. The Transaction is subject to the approval at a special meeting of Loncor shareholders (the "Loncor Meeting") by: (a) 66 2/3 percent of the votes cast by Loncor shareholders; and (b) a majority of the votes cast by the Loncor shareholders (excluding the votes cast by persons whose votes may not be included in determining minority approval of a "business combination" in accordance with Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions). Transaction Timeline Subject to certain conditions, including the parties obtaining the requisite regulatory approvals, the Transaction is expected to close not later than Q1 2026. Following completion of the Transaction, the Loncor Shares are expected to be de-listed from the TSX. Loncor will also apply to cease to be a reporting issuer under Canadian securities laws and a registrant with the United States Securities and Exchange Commission (the "SEC"). Voting Support Agreements Each director and officer of Loncor, and Loncor's largest shareholders, Resolute Mining Ltd, and Arnold Kondrat (Executive Chairman of Loncor), who own approximately 18% and 17%, respectively, of the issued and outstanding Loncor Shares, have entered into a voting support agreement with Chengtun Mining pursuant to which they have agreed to vote their respective Loncor Shares in favour of the Transaction at the Loncor Meeting. Loncor Board of Directors' and Special Committee Recommendations After consultation with its financial and legal advisors, and following the unanimous recommendation of a special committee of independent directors (the "Special Committee"), the board of directors of Loncor (the "Loncor Board") unanimously determined the Transaction is fair to Loncor shareholders, is in the best interest of Loncor and approved the entering into of the Transaction. The Loncor Board recommends that Loncor shareholders vote in favour of the Transaction. Stifel Canada provided a fairness opinion to the Special Committee, stating that, as of the date of such opinion and based upon and subject to the assumptions, limitations and qualification stated in such opinion, the Consideration to be received by Loncor shareholders under the Transaction is fair, from a financial point of view, to such Loncor shareholders. The fairness opinion provided by Stifel Canada will be included in the circular mailed to Loncor shareholders. Advisors and Counsel Stifel Canada and EB Capital Advisory are acting as financial advisors to Loncor and the Loncor Board. Dickinson Wright LLP are acting as Loncor's legal counsel. Baker McKenzie FenXun acted as international counsel to Chengtun Mining and Dentons Canada LLP acted as Canadian counsel to Chengtun Mining. About Loncor Gold Inc. Loncor is a Canadian gold exploration company focused on the Ngayu Greenstone Gold Belt in the northeast of the Democratic Republic of the Congo (the "DRC"). The Loncor team has over two decades of experience of operating in the DRC. Loncor's growing resource base in the Ngayu Belt is focused on the Imbo Project where the Adumbi deposit holds an indicated mineral resource of 1.88 million ounces of gold (28.185 million tonnes grading 2.08 g/t gold), and the Adumbi deposit and two neighbouring deposits hold an inferred mineral resource of 2.090 million ounces of gold (22.508 million tonnes grading 2.89 g/t Au), with 84.68% of these resources being attributable to Loncor. Following a drilling program carried out by the Company at the Adumbi deposit in 2020 and 2021, the Company completed a Preliminary Economic Assessment ("PEA") of the Adumbi deposit and announced the results of the PEA in December 2021. Additional information with respect to Loncor and its projects can be found on Loncor's website at www.loncor.com. About Chengtun Mining Group Co., Ltd. Chengtun Mining specializes in developing new energy metal resources. The company's core operations include mining and refining of energy metals and base metals, with strategic focus on copper, cobalt, nickel for new energy batteries. The company has also identified gold and other precious metals as a key strategic business area for future development. Chengtun owns and operates mines in the Democratic Republic of the Congo, most notably the Kalongwe copper-cobalt mine. Chengtun Mining is publicly listed on the Shanghai Stock Exchange under the ticker 600711. Cautionary Note Concerning Forward-Looking Information This press release contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding completion of the terms and conditions of the Transaction, receipt of Loncor shareholder and court approval of the Transaction, the Purchaser advancing funds to the Company, disclosure in the Company's management information circular, the expected closing date of the Transaction, the Company ceasing to be a reporting issuer in Canada and a registrant with the SEC in the United States and the delisting of the Loncor Shares) are forward-looking information. This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, risks associated with the possibility that the Transaction will not be completed on the terms and conditions, or on the timing, currently contemplated, and that it may not be completed at all, due to a failure to obtain or satisfy, in a timely manner or otherwise, required shareholder, court and regulatory approvals and other conditions of closing necessary to complete the Transaction or for other reasons, the possibility of adverse reactions or changes in business relationships resulting from the announcement or completion of the Transaction, risks relating to the abilities of the parties to satisfy conditions precedent to the Transaction, a third party superior proposal materializing prior to the completion of the Transaction and the other risks disclosed under the heading "Risk Factors" and elsewhere in the Company's annual information form dated March 31, 2025 filed on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov. Forward-looking information speaks only as of the date on which it is provided and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270343
	2025-10-14 10:21 1mo ago	2025-10-14 06:00 1mo ago	Naughty Ventures Provides Update on High-Grade Rare-Earth Elements Property, Newfoundland and Corporate Update	stocknewsapi	SFRIF
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Naughty Ventures Corp. (CSE: BAD) (OTC Pink: YORKFF) (FSE: 5DE) (the "Company" or "Naughty Ventures") is pleased to provide shareholders with an update on its corporate activities and ongoing projects, including its high-grade rare-earth elements property in Newfoundland. CEO Update Blair Naughty, Chief Executive Officer of Naughty Ventures, reminds shareholders of the Company's holdings in the Bottom Brook Rare-Earth Property ("Bottom Brook Property" or the "Property") located in Newfoundland, Canada.
	2025-10-14 10:21 1mo ago	2025-10-14 06:00 1mo ago	Ascletis Completes Denifanstat (ASC40) Pre-NDA Consultation with China National Medical Products Administration	stocknewsapi	SGMT
- Denifanstat (ASC40) met all primary, key secondary and secondary efficacy endpoints (ITT analysis) and significantly improved moderate-to-severe acne vulgaris compared with placebo in a Phase III randomized, double-blind, placebo-controlled, multicenter clinical trial. HONG KONG , Oct. 14, 2025 /PRNewswire/ -- Ascletis Pharma Inc. (HKEX: 1672, "Ascletis") announces today that it recently completed the pre-New Drug Application (NDA) consultation with China National Medical Products Administration (NMPA) for denifanstat (ASC40) for the treatment of moderate-to-severe acne vulgaris and plans to submit an NDA soon.
	2025-10-14 10:21 1mo ago	2025-10-14 06:00 1mo ago	Happy Belly Food Group Announces New Franchise Agreement and Real Estate Secured for Heal Wellness in Airdrie, Alberta	stocknewsapi	HBFGF
October 14, 2025 6:00 AM EDT \| Source: Happy Belly Food Group Inc. Toronto, Ontario--(Newsfile Corp. - October 14, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands across Canada, is pleased to announce the signing of a new franchise agreement and secured real estate for Heal Wellness ("Heal") in Airdrie, Alberta - a thriving and fast-growing community located just north of Calgary. Heal Wellness is a quick-service restaurant ("QSR") specializing in fresh smoothie bowls, açaí bowls, and smoothies. "With both a franchise agreement and real estate now secured, Airdrie will represent an exciting step forward in our expansion across Alberta," said Sean Black, Chief Executive Officer of Happy Belly. "The city's rapid population growth, strong family demographics, and health-conscious residents make it an ideal market for Heal. This signing reflects the continued confidence our franchise partners have in our scalable, asset-light business model, and further demonstrates the nationwide demand for our wellness-focused brand." Happy Belly 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6625/270319_063cf4549454f881_002full.jpg As one of the fastest-growing cities in Canada, Airdrie's proximity to Calgary provides access to a robust consumer base of commuters, families, and young professionals seeking convenient, nutritious, and energizing dining options. Its active, community-driven lifestyle-anchored by local fitness hubs, schools, and sports programs-perfectly complements Heal Wellness' mission to provide better-for-you food that fuels busy lives. Happy Belly 2 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6625/270319_063cf4549454f881_003full.jpg Heal Wellness continues to accelerate its coast-to-coast expansion, solidifying its growing position as Canada's leading smoothie bowl and wellness QSR brand. Founded with a mission to deliver quick, fresh wellness foods that support busy, active lifestyles, Heal Wellness offers a diverse range of smoothie bowls, smoothies, and super-seed grain bowls-all crafted with real fruit and enriched with superfoods such as açaí, pitaya, goji berries, and chia seeds. With 27 locations currently open and over 168 in development, Heal Wellness continues to gain nationwide momentum through consistent franchise growth and strategic real estate execution, contributing to Happy Belly Food Group's total of 626 contractually committed retail franchise locations across its portfolio of emerging brands-including Heal Wellness, Rosie's Burgers, Yolks Breakfast, Via Cibo Italian Street Food, and others-now in various stages of development, construction, and operation nationwide. "We are just getting started," added Sean Black. About Heal Wellness Heal Wellness was founded with a passion and mission to provide quick, fresh wellness foods that support a busy and active lifestyle. We currently offer a diverse range of smoothie bowls and smoothies. We take pride in meticulously selecting every superfood ingredient on our menu to fuel the body, including acai smoothie bowls, smoothies, and super-seed grain bowls. Our smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds, and more. FranchisingFor franchising inquiries, please see www.happybellyfg.com/franchise-with-us/ or contact us at [email protected]. About Happy Belly Food GroupHappy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leader in acquiring and scaling emerging food brands across Canada. Happy Belly 3 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6625/270319_063cf4549454f881_004full.jpg Sean Black Chief Executive Officer Shawn Moniz Chief Operating Officer Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management. Cautionary Note Regarding Forward-Looking Statements All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270319
	2025-10-14 10:21 1mo ago	2025-10-14 06:00 1mo ago	Capitan Silver Corp Intersects 1,541 g/t Silver Equivalent over 1.5 Metres within a Wider Zone of 201.6 g/t Silver Equivalent over 18.3 Metres at the Jesús María Silver Trend	stocknewsapi	CAPTF
Drilling Across Cruz de Plata Property Continuing to Deliver High-Grade Results; New Zones Emerging at Depth, Strong Mineralized Continuity Intersected, and More New Targets Identified October 14, 2025 6:00 AM EDT \| Source: Capitan Silver Corp. Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Capitan Silver Corp. (TSXV: CAPT) ("Capitan" or "the Company") is pleased to report assay results from its recently expanded and fully funded Phase One reverse circulation ("RC") 15,000 metre drill program at its Cruz de Plata silver-gold project, located in Durango, Mexico. The Company is reporting assay results from twelve (12) drillholes. Highlights: New high-grade silver mineralization intersected in the extension of the Jesús María veinDrillhole 25-ERRC-20 intersected 1,541 g/t AgEq over 1.5m, within a broader interval of 201.65 g/t AgEq over 18.3mThe mineralization intersected is believed to be the continuation of the Jesús María main vein which has been offset to the north by the Peñoles FaultJesús María vein remains open to the east and at depth, as well as open down plunge of drillhole 25-ERRC-12 (previously released), which returned one of the highest-grade intervals to date at Cruz de Plata:Drillhole 25-ERRC-12 intersected 2,636 g/t Ag over 1.5m, within a wider interval of 1,400 g/t Ag over 4.6m, occurring within a broader zone of 370.2 g/t Ag over 19.8m (See Capitan news release dated September 2, 2025)Peñoles Fault emerging as a new key target: Northwest-striking Peñoles Fault emerging as a high-priority target, with evidence of enhanced mineralization open at depth, especially where the fault intersects east-west trending zones. New high-grade east-west trending zone discovered along the Jesús María silver trendDrillhole 25-ERRC-17 intersected 475.91 g/t AgEq over 1.5m, within a broader zone of 117.69 g/t AgEq over 7.6m proximal to the Peñoles FaultContinued high-grade silver mineralization intersected at the Gully Fault Zone; three (3) distinct zones of mineralization identified:Drillhole JMRC-33Gully Fault: intersected 216.2 g/t AgEq over 13.5m, within a broader interval of 100.7 g/t AgEq over 44.2mJesús María: intersected 803.6 g/t AgEq over 1.5m, within a broader interval of 129.2 g/t AgEq over 22.9mNew Zone: intersected 139.8 g/t AgEq over 3.0m and 128.6 g/t AgEq over 4.6mDrillhole JMRC-25 Gully Fault: intersected 408.4 g/t AgEq over 3.0m, within a broader zone of 112.2 g/t AgEq over 38.1mJesús María: intersected 13.7m of vein zone with two separate 1.5m underground openings with no drill recoveryNew Zone: intersected 358.2 g/t AgEq over 1.5m within 213.1 g/t AgEq over 3m and 276.8 g/t AgEq Drillhole JMRC-26 intersected three (3) high-grade intervals including: Gully Fault: intersected 390.8 g/t AgEq over 1.5m, within a broader interval of 111.9 g/t AgEq over 9.1mJesús María: intersected 502.0 g/t AgEq over 1.5m, and 328.6 g/t AgEq over 1.5m within a broader interval of 238.4 g/t AgEq over 10.7mNew Zone: intersected 100.2 g/t AgEq over 4.6mCatalyst-rich Q4 2025 and Q1 2026: Drilling is ongoing with assays pending for 28 RC drillholesCapitan Silver's CEO Alberto Orozco commented: "Capitan's 2025 drill program at Cruz de Plata continues to deliver encouraging results; I am very excited by the progress our team has made with regards to intersecting high-grade silver mineralization as well as identifying new zones and targets for further drilling. Cruz de Plata is a robust and rich silver mineralized system - and we are finding that the more we drill, the more mineralization we continue to find." "I am also pleased to see that the reported drilling has provided further evidence that supports the Company's new geological model - that key radial structures like the Gully Fault and potentially the Peñoles Fault, which are associated with the large intrusion to the north of the Jesús María silver trend - play an important role with respect to the distribution of mineralization at Cruz de Plata. "Looking ahead, we remain focused on growing the mineralized system at Cruz de Plata and providing our investors and the market with more evidence that we are developing a very compelling new project." The Silver System at Cruz de Plata Continues to Expand Fieldwork conducted by the Capitan team continues to increase the footprint of the silver-rich mineralized system at Cruz de Plata, revealing additional structures and zones. Expanded mineralization is evidenced through high-grade hits, like the one returned from drillhole 25-ERRC-20 which intersected the Jesús Maria vein, the potential new zone discovered by drillhole 25-ERRC-17, additional robust results coming from drilling at the Gully Fault Zone, and the identification of a new priority drill target at the Peñoles Fault. Drilling continues to steadily progress at the Cruz De Plata project, with a total of 51 drillholes completed to date across the Jesús María trend, Gully Fault, as well as new, early-stage targets to the north and east of these known trends (See Figures 1 and 2). Figure 1. Drill hole map of the Cruz de Plata project showing the location of the holes reported in this release along the Jesús María silver trend with geological units. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/7373/270341_68ace16194f8a9ec_002full.jpg Figure 2. Inclined view (Plunge +50, looking North) of Jesús María silver vein. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/7373/270341_68ace16194f8a9ec_003full.jpg Jesús María Main Vein Continues Drilling across the property continues to return high-grade silver results. Surface chip sampling in the vicinity of drillhole 25-ERRC-20 returned moderate to high-grade values. Drill testing returned high-grade silver values, with drillhole 25-ERRC-20 returning very high silver grades with 1,541 g/t AgEq over 1.5m, within a broader interval of 201.65 g/t AgEq over 18.3m. This area appears to be an offset and continuation of the Jesús María vein. Follow-up drilling is planned for this area to extend this new discovery down-dip and along strike. Potential Discovery of New Zone from Drillhole 25-ERRC-17 A new area of mineralization was tested in between the 200m step-out hole that identified the Jesús María offset to the north and the Jesús María trend to the south (See Figure 1, Plan Map). A total of six (6) holes tested an approximate 250m strike along this trend, with all of them returning silver mineralization ranging from low to high-grade. Best results include 475.91 g/t AgEq over 1.5m, within a wider interval of 117.69 g/t AgEq over 7.6m from drillhole 25-ERRC-17, and 310.37 g/t AgEq over 1.5m from drillhole 25-ERRC-18, respectively. Follow-up drilling is expected for this area, focused on-strike to the west and down-dip of drillhole 25-ERRC-17 proximal to the Peñoles Fault. Gully Fault Zone Drill Results Reveal Multiple Zones of Silver Mineralization Additionally, three (3) drillholes were completed at the Jesús María and Gully Fault intersection - drillholes 25-JMRC-25, 25-JMRC-26, and 25-JMRC-33. The purpose of this drilling was to test the continuity of the Gully Fault north of Jesús María, as well as to glean more insights with respect to the orientation of the two mineralization styles. All holes returned near-surface intersections of both Gully Fault and Jesús María-style silver mineralization. In addition, a new zone of mineralization appears to be developing at depth, which is interpreted to be co-located with the Gully Fault, intersecting additional sub-parallel structures to Jesús María in the footwall to the Jesús María zone. Best near-surface results include 803.6 g/t AgEq over 1.5m, within a broader interval of 129.2 g/t AgEq over 22.9m in drillhole 25-JMRC-33 (Jesús María vein), and 502.0 g/t AgEq over 1.5m in drillhole 25-JMRC-26. Several new gold-silver and polymetallic (gold-silver-lead-zinc) zones were also intersected in the footwall to the Jesús María zone, representing a new target to be followed up on (see Table 1 and Figures 1 and 2). These zones have shown some continuity along strike to the west and up-dip but require further investigation. This new zone appears to trend roughly parallel to the Jesús María vein, remains open at depth and to the east, and may or may not come to surface. Most notably, parts of this zone appear to carry higher gold tenors, compared to both the Jesús María Zone and Gully Fault Zone, and may represent a new style of mineralization beginning to emerge. The best intersections from this area include 358.2 g/t AgEq over 1.5m within 213.1 g/t AgEq over 3m in drillhole 25-JMRC-25, 276.8 g/t AgEq over 1.5m within 108.9 g/t AgEq over 4.6m in drillhole 25-JMRC-25, 100.2 g/t AgEq over 4.6m in drillhole 25-JMRC-26, and 139.8 g/t AgEq over 3.0m and 128.6 g/t AgEq over 4.6m in drillhole 25-JMRC-33 (See Table 1). New Geological Interpretation: Enhanced Mineralization at the Peñoles Fault Recent drilling as well as surface mapping at the Cruz de Plata project has revealed that a major northwest-trending structure known as the Peñoles Fault appears to be an important feature in the potential distribution of high-grade silver-gold mineralization across the central portion of the property (See Figures 1 and 2). This has been identified as a priority follow-up target. Table 1. Drill results Hole IDFrom (m)To (m)Interval (m)Ag Eq Rec (g/t)Ag (ppm)Au (ppm)Pb (%)Zn (%)ZONE25-ERRC-11interval3.012.29.151.9748.470.080.010.02 interval16.821.34.693.0050.730.640.010.03 including18.319.81.5178.576.41.530.020.02 interval36.639.63.042.4139.900.060.010.01 interval51.862.510.794.0793.370.070.020.03 including51.853.31.5347.33349.000.210.090.06 interval80.897.516.864.7155.050.100.100.09 interval102.1112.810.736.1431.790.050.030.06 interval141.7146.34.625.5820.530.020.050.10 25-ERRC-13No significant mineralization25-ERRC-14interval117.3120.43.036.9634.050.050.000.04 interval131.1137.26.128.1522.230.100.000.01 25-ERRC-15interval42.745.73.067.8766.600.060.000.03 interval108.2112.84.650.9451.370.030.000.02 25-ERRC-16interval131.064132.61.5275.6170.000.120.010.03 25-ERRC-17interval132.6140.27.6117.69108.380.220.010.02 including138.7140.21.5475.91451.000.730.030.04 interval166.1170.74.655.9638.600.270.010.02 including167.6169.21.5102.874.30.460.010.02 interval175.3179.84.637.7218.470.280.010.02 interval189.0190.51.552.2936.700.240.010.02 25-ERRC-18interval35.136.61.5112.42114.400.050.010.04 interval53.354.91.543.7340.400.080.000.02 interval114.3115.81.5310.37324.000.050.030.04 interval134.1135.61.560.7256.700.060.010.08 25-ERRC-19interval54.956.41.525.0018.300.100.000.02 interval108.2109.71.564.1765.700.030.000.01 interval155.4157.01.530.1619.600.170.000.00 25-ERRC-20interval13.732.018.3201.65200.280.170.030.03 including18.322.44.6688.8709.80.250.090.05 including18.319.81.51,541.031,599.000.430.210.07 including19.821.31.5369.09375.000.200.050.05 interval45.747.21.528.6821.100.110.020.02 25-JMRC-25Interval10.748.838.1112.293.40.2530.070.15Gully FaultIncluding19.822.93408.4371.50.5730.490.18Interval56.459.4368.732.10.2490.50.22Jesús María Vein (13.7m) 6162.51.5OPEN UNDEGROUND WORKING / NO RECOVERYInterval62.565.53162.252.30.2570.542.36 65.567.11.5OPEN UNDEGROUND WORKING / NO RECOVERYInterval67.170.13213.1820.2891.112.5NewIncluding67.168.61.5358.2142.80.4071.894.2Interval109.7114.34.6108.161.60.1710.60.63NewIncluding109.7111.31.5276.8165.600.381.451.59Interval126.5138.712.241.313.20.2710.10.22New25-JMRC-26Interval24.433.59.1111.9101.80.0850.190.15Gully FaultIncluding25.927.41.5390.83770.1040.640.33Interval61.071.610.7238.4117.10.551.521.42Jesús María VeinIncluding67.168.61.5502.0278.00.315.571.85Including70.171.61.5328.6106.61.552.211.76Interval80.886.96.150.213.90.0770.280.71NewInterval149.4155.46.192.419.90.9380.130.16NewIncluding149.4153.94.6100.218.071.090.130.1425-JMRC-33Interval13.757.944.2100.765.320.520.040.08Gully Faultincluding25.939.613.5216.2142.011.120.080.1including27.429.01.5315.1310.000.280.050.10including36.638.11.5301.0155.802.160.080.10interval50.357.97.685.161.70.330.040.1including54.956.41.5151.2102.20.700.050.16Interval68.691.422.9129.267.150.370.620.68Jesús María Veinincluding85.389.94.6374.1234.40.612.141.53including86.988.41.5803.6523.001.214.343.15Interval125.0128.03.0139.869.350.510.640.64NewInterval141.7146.34.680.225.800.280.480.69NewInterval152.4157.04.6128.649.700.490.680.86NewInterval173.7178.34.633.14.530.410.000.01NewMetal Recovery: Ag 94%, Au 86%, Pb 93.5%, Zn 92% AgEq considers Ag, Au, Pb and Zn and calculated as follows: AgEq = Ag g/t + (80x Au g/t) + (0.003 x Pb g/t) + (0.0037 x Zn g/t). High grades have not been capped. Capitan Silver field samples are sent to the Bureau Veritas Lab in Durango, Mexico for prep. RC Drill samples have been analysed using the following codes: MA300, 4-acid digestion, multi-element analysis (Vancouver Lab). Au is analyzed using Fire Assay (FA430, Durango Lab). Overlimit (>200 ppm Ag) assays utilize method MA370, with gravimetric utilized for any overlimit thereafter. QAQC: Capitan Silver maintains a rigorous QAQC program and inserts multiple standards, blanks and duplicates into the sample stream at regular intervals. Check Assays are performed at SGS laboratories in Durango, Mexico. Qualified Person The scientific and technical data contained in this news release pertaining to the Cruz de Plata project was reviewed and approved by Marc Idziszek, P.Geo, a non-independent qualified person to Capitan Silver, who is responsible for ensuring that the technical information provided in this news release is accurate and who acts as a "qualified person" under National Instrument 43-101 Standards of Disclosure for Mineral Projects. About Capitan Silver Corp. Capitan Silver is defining a new high-grade silver system at its Cruz de Plata project, located in the heart of Mexico's primary silver belt. The Company is led by a proven and accomplished management team that has previously advanced three projects into production, on time and on budget. The Company has been diligent in maintaining a tight share structure and has one of the tightest share structures among its peer group, with the top three shareholders owning over 38% of the Company's share capital. Capitan Silver is fully funded and actively drilling at its Cruz de Plata silver project. ON BEHALF OF CAPITAN SILVER CORP. "Alberto Orozco" Alberto Orozco, CEO For Additional Information Contact: DISCLAIMER FOR FORWARD-LOOKING INFORMATION Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., "expect", "estimates", "intends", "anticipates", "believes", "plans"). Such information involves known and unknown risks -- including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Capitan in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270341
	2025-10-14 10:21 1mo ago	2025-10-14 06:00 1mo ago	Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea	stocknewsapi	DIS
As 2025 enters its final months, Disney inches closer to the announcement the entire entertainment industry has been waiting for — who will take over for Bob Iger as the company's next CEO. Disney has publicly stated it will name Iger's successor in early 2026. Two internal candidates stand out as the most likely contenders: Disney Entertainment co-chairman Dana Walden and Disney Experiences chairman Josh D'Amaro. Walden brings decades of Hollywood expertise; D'Amaro worked in consumer products before his elevation in the theme parks division all the way up to running the unit when its previous leader, Bob Chapek, was named Disney CEO in 2020. Given Walden's and D'Amaro's complementary skill sets — and given recent momentum behind co-CEO appointments both in media and beyond — the Disney board could opt to select both to jointly replace Iger. It's a strategy rival Netflix has similarly — and effectively — used since 2020, when Reed Hastings named Ted Sarandos his co-CEO. Three years later, Hastings relinquished that post and moved on to become the company's executive chairman, elevating Greg Peters into his spot as co-CEO. Netflix's success has contributed to a recent co-CEO wave. Last month, Spotify named Alex Norstrom and Gustav Soderstrom as co-CEOs to replace founder Daniel Ek; Oracle named Clay Magouyrk and Mike Sicilia to jointly lead the company; and Comcast tapped president Mike Cavanagh to join longtime CEO Brian Roberts in the chief role. But while a duel CEO structure may superficially make sense for Disney, company insiders and corporate governance experts warn there are considerations specific to the Mouse House that would make such a dynamic unwise. The Netflix strategyLast year, Iger called Sarandos and asked him about Netflix's co-CEO model. That call was first reported by the Wall Street Journal in November, and CNBC can confirm it took place, according to people familiar with the matter. Sarandos and co-CEO Peters have different areas of passion, according to people familiar with Netflix's leadership styles, who asked to remain unnamed because the details are private. That's allowed the two leaders to make decisions without stepping on each other's toes. If Sarandos and Peters disagree on something, they work it out by deferring to the leader who is more passionate about the answer. That typically means Sarandos wins out if it's a content or creative decision, and Peters triumphs if the decision is more product- or technology-based. A Netflix spokesperson declined to comment. If there's a grey area, the co-CEOs can always fall back on Hastings, the company's co-founder and CEO of 25 years. Peters and Sarandos worked together under Hastings for many years. That comfort level — and Netflix's famously un-hierarchical corporate culture — have helped maintain a dual CEO structure without turf wars and while serving shareholders, Sarandos told Iger, according to the people familiar. Since Peters stepped in as co-CEO in January 2023, Netflix shares have gained about 275%. Disney's choiceAt first glance, Walden and D'Amaro present a similar dynamic to Sarandos and Peters. Walden's expertise is Hollywood, and D'Amaro's is parks and consumer products. Iger could theoretically advance to the executive chairman role, keeping him around in a similar fashion to Hastings. Selecting both Walden and D'Amaro as Iger's long-awaited successor may allow Disney to keep both leaders at the company. If the board chooses one over the other, Disney risks losing a top executive who may want a chance to be CEO elsewhere. This happened to Disney in 2020, when streaming chief Kevin Mayer departed the company to become TikTok's CEO after he was passed over for Chapek. But a Disney co-CEO arrangement also comes with a number of red flags that don't exist at other companies. First, if Iger sticks around on the board, some employees — and external partners — may still view him as a CEO. That could undercut the power-sharing structure of two CEOs, especially given Iger's reputation for wanting to remain the company's No. 1 leader. While Hastings has turned his attention to hobbies like skiing since giving up his CEO role, Iger has developed a reputation for wanting to hang around as Disney's head honcho. He's five times pushed backed retirement to remain at the helm, and he came back to replace Chapek in 2022 after hand-picking him as his replacement. Second, during Chapek's tenure, Iger didn't fully give up his operational responsibilities right away, choosing to direct the company's "creative endeavors" for more than a year. That led to an ugly power-sharing situation between Iger and Chapek, as CNBC detailed in 2023. Even if Walden and D'Amaro have different domain strengths, choosing a co-CEO model after suffering through a recent time period where control lines were blurred may be a case of failing to learn from one's mistakes. Third, Walden and D'Amaro haven't worked together as long as Peters and Sarandos (or other co-leader arrangements with long-term success, such as CAA's co-chairman arrangement with Bryan Lourd, Richard Lovett and Kevin Huvane). Walden did work in a co-chair arrangement with Gary Newman at Fox for many years running Fox TV, proving she's capable of succeeding in such an arrangement, but it's unclear if she'd relish the opportunity to go back to a pairing. Fourth, Disney's corporate culture is famously political. The company has had several tortured succession processes with Iger and Disney's former CEO Michael Eisner. While Netflix is largely untouched by M&A, Disney is an amalgam of many acquisitions and units over the years, including ABC, ESPN, Fox, Pixar, Marvel and Lucasfilm. That's brought employees from many different cultures together, rather than breeding a unified corporate mindset from its founding. "It wouldn't work for Disney," a senior media executive told CNBC privately. "There would be so much backbiting. That's how it's always been there." A Disney spokesperson declined to comment. Netflix vs. traditionOn top of all of that, traditional corporate governance experts have broadly dismissed a co-CEO setup as suboptimal. About 1.2% of companies in the Russell 3000 index have employed a co-CEO structure at any given time in recent years, The Wall Street Journal reported last month, citing data from Equilar. "When you create two sources of authority in an organization, that's never good," said Charles Elson, founding director of the Weinberg Center for Corporate Governance at the University of Delaware, in an interview. "Two in charge means no one is in charge." Still, there are mitigating factors that can make a co-CEO arrangement more palatable, Elson said. Having Hastings as executive chairman is likely important for Netflix because he can act as a de-facto tiebreaker in a co-CEO arrangement. Similarly, a co-CEO structure can work if it's clearly done for more-drawn-out succession planning, such as Comcast's decision to elevate Cavanagh to co-CEO alongside Roberts, said Elson. When push comes to shove, Hastings and Roberts can make the deciding calls on the biggest decisions, Elson said. Roberts is Comcast's controlling shareholder. Oracle similarly has a controlling shareholder in co-founder Larry Ellison. While Iger could play a tie-breaking role for Disney as executive chairman, he isn't a founder of the company and owns less than 1% of shares outstanding. That gives him less skin in the game for the Disney's future than someone like Roberts or Ellison, noted Elson. Selecting just one CEO may be a leap of faith for the Disney board, but it's better than setting up instability, said Elson. "Inevitably, one CEO dominates and the other one goes away," he said. "That's the nature of humanity." Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC. Versant would become the new parent company of CNBC upon Comcast's planned spinoff of Versant.
	2025-10-14 10:21 1mo ago	2025-10-14 06:00 1mo ago	M&S share rise as chairman Archie Norman's contract extended	stocknewsapi	MAKSY
Marks and Spencer Group PLC (LSE:MKS) shares are rose 1% after the retailer's board of directors extended chairman Archie Norman's tenure to a potential 12 years. The former Asda and Kingfisher boss joined the clothing and food retailer in 2017 and will reach the "comply or explain" nine-year point next September. A three-year extension has been agreed, subject to an annual review by a committee of independent directors and no major change of circumstances, with his appointment also requiring approval at the annual shareholder meeting, as normal. After carrying out a consultation with shareholders, executives and advisers, the board unanimously backed Norman's continuation, citing "widespread support across the shareholder base". Senior independent director Fiona Dawson said Norman "has been an exceptional chair, steering an effective, engaged board and putting in place a highly capable leadership team under Stuart Machin which is transforming M&S and building a stronger, better business. "There remains much to do, and Archie's deep knowledge of the business, drive and unique experience will be invaluable as we move to the next phase of the Reshaping for Growth plan." Analyst Clive Black at house broker Shore Capital said it was "good news" that was "very warmly" welcomed., "We sense that M&S shareholders will both share a collective sigh of relief and express pleasure that the board and CEO, Stuart Machin et al, will continue to benefit from Mr Norman's immense experience, fabulous insight, and questioning mind, making for a uniquely talented individual. "Whilst those of a rather prescriptive process bent may splutter, we firmly believe that this is good for all stakeholders in M&S in the here and now and further out too, and so we applaud Ms Dawson and the Board for their bravery and commonsense."
	2025-10-14 10:21 1mo ago	2025-10-14 06:01 1mo ago	Target Announces Limited-time Collection with Woolrich, Blending Iconic Heritage and Trend-forward Style	stocknewsapi	TGT
The collection of 100-plus items with the outdoor lifestyle brand spans men's and women's apparel and accessories, home, outdoor gear and food and beverage, starting at $2 and with most items under $40 Woolrich x Target includes the retailer's largest-ever men's capsule in a limited-time offering For the first time, the retailer will offer three Woolrich x Target items ahead of the launch, exclusively for members of the retailer's paid membership program Target Circle 360 , /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced the launch of a limited-time collection with Woolrich, the iconic outdoor lifestyle brand known for its signature buffalo check. Woolrich x Target launches Oct. 18 in select Target stores and on Target.com, featuring more than 100 reinvented classics that blend Woolrich's heritage of outdoor craftsmanship with modern style across men's and women's apparel, home, outdoor gear and food and beverage. Woolrich x Target The collaboration brings together two design-driven brands, offering a fashion-forward collection that reflects today's cultural shift toward outdoor living and adventure. It includes Target's largest men's capsule ever in a limited-time offering, alongside a broad range of women's styles and lifestyle pieces, with standouts like the Women's Buffalo Check Melton Jacket and Adult Printed Landscape Zip-Up Fleece Jacket. Designed to blend style and function and taking inspiration from the growing urban adventure movement, the assortment leans into modern trends with prices starting at $2, and most items under $40. Explore the lookbook for the full collection. "Woolrich x Target is all about fashion meeting function to help consumers embrace the outdoors in style," said Jill Sando, executive vice president and chief merchandising officer, apparel & accessories, home and hardlines, Target. "From the Quilted Sheep Tote Bag to the Buffalo Check Outdoor Wearable Throw, to the amazing inflatable kayak, and so much more, I love how Target and Woolrich have worked together to create something that's fun and affordable." Building on two legacies Known as "the original outdoor clothing company," Woolrich has been outfitting adventurers since 1830, with a legacy rooted in durability, craftsmanship and iconic style. From outfitting Arctic expeditions to becoming a staple in streetwear, Woolrich has inspired generations of open-air wanderers and urban explorers alike. Meanwhile, Target's leadership as a brand has long been driven by great design, built through decades of investment in owned brands, national brands and partnerships to deliver on-trend design and affordable style. For over 25 years, Target has partnered with trendsetting designers — nearly 200 to date — and expanded into unexpected categories such as beauty, home, food and more, evolving its strategy with cultural and social trends. The Woolrich x Target collaboration builds on both legacies and celebrates the joy of outdoor living and versatility of adventure-ready fashion, with pieces like the Buffalo Check Outdoor Wearable Throw and Men's Mid-Rise Straight Fit Cargo Pant that blend style and function while surprising with unexpected details. The Woolrich archives provided early inspiration for the team, who incorporated original details, prints and artwork into many Woolrich x Target items. Target guests will find archival Woolrich designs alongside unique additions that include an inflatable kayak, binoculars, mindfulness journals, a new home assortment, plus new and exclusive food and beverage items from Peet's Coffee and Kodiak Cakes — all designed to bring joy and adventure into everyday life. "For nearly two centuries, Woolrich has been synonymous with authentic American outdoor exploring, crafting products built on a legacy of heritage," said Heekyun Kim, Woolrich's creative director. "This collaboration with Target represents an exciting opportunity to introduce our iconic designs, like our legendary buffalo check, to a new generation of explorers. We are proud to create a collection that honors our archives while making the Woolrich spirit of adventure accessible to all." Early access on three exclusive items for Target Circle 360 members For the first time, the retailer will offer three Woolrich x Target items ahead of the launch — the Patchwork Plaid Throw Blanket, Sheep Shaped Throw Pillow and Sheep Print Beanie — exclusively for members of the retailer's paid membership program Target Circle 360. The items will be available for purchase on Target.com Oct. 14-16, while supplies last, before the collection launches Oct. 18 — and are not included in the main collection. An adventure-fueled campaign and shopping experience To celebrate the launch, Target will debut an "Adventure Is Wherever You Are" marketing campaign shot in New York City by the retailer's in-house team and featuring style influencer Lauren Wolfe and singer-songwriter David Kushner. The campaign captures the playful, optimistic spirit of the collection, showing how the collection fits seamlessly into everyday moments of exploration, style and self-expression. The retailer will craft the shopping experience in the same adventurous spirit. Select stores will feature a dedicated Woolrich x Target shopping experience that immerses guests in a world of buffalo check and invites them to explore the collection's cozy textures. On Target.com and the Target app, guests will be greeted with joyful touches that evoke fall and highlight the collection. Target is also making shopping the collection fast and easy with same-day pickup and same-day delivery so guests can grab their gear and get adventuring*.1 The Woolrich x Target collection is the latest example of Target's commitment to its continued legacy of design partnerships that make quality style and design accessible to all. About Target Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be found by visiting the corporate website and press center. 1 Availability for same-day services will vary based on location and time. SOURCE Target Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In
	2025-10-14 10:21 1mo ago	2025-10-14 06:02 1mo ago	Q3 2025 Earnings Preview: Earnings Season Begins With High Hopes And Key Tests For Banks	stocknewsapi	BAC C CRCL CRWV JPM NVDA WFC
SummaryEarnings season gets underway this week, with reports from major banks providing the first look at corporate performance.The technology sector is expected to be the standout performer with over 20% projected earnings growth, driven by the ongoing "AI arms race"Sectors that rely on lower-end consumer spending are expected to see earnings decline as shoppers become more "value-conscious" Alistair Berg/DigitalVision via Getty Images Earnings season kicks into high gear this week, with the big banks unofficially firing the starting gun on Tuesday. As the season begins, major U.S. indices are at record levels, even amidst a government shutdown, creating a dynamic Recommended For You
	2025-10-14 10:21 1mo ago	2025-10-14 06:02 1mo ago	Vodafone reveals cause of massive internet blackout amid calls for compensation	stocknewsapi	VOD
Vodafone has said a massive blackout in its internet coverage yesterday was not caused by a cyber attack. The issues have now been fully resolved, according to the company, after hundreds of thousands of people reported their wifi, 4G and 5G connections dropping out. "On Monday afternoon, for a short time, the Vodafone network had an issue affecting broadband, 4G and 5G services," said a Vodafone spokesperson. "This was triggered by a non-malicious software issue with one of our vendor partners which has now been resolved, and the network has fully recovered. "We apologise for any inconvenience this caused our customers." As well as internet connections, Vodafone's app, website and customer services were also down. At its peak, more than 130,000 people reported problems to the internet status checker Downdetector. More on Vodafone Vodafone internet services down for thousands of users UK biggest phone network created as Three-Vodafone merger gets conditional approval Vodafone and Three merger could get green light, says UK's competition watchdog Image: Vodafone users were shown an error message when trying to access the internet provider's app Vodafone users contacted Sky News and posted on social media to find out if compensation would be given to affected customers. "We all better get some compensation or I'll be cancelling my contract," said one X user. "Are they paying any compensation to those affected?" asked a Sky News reader. "This outage must have had major effects on ordinary people/business." Read more technology news: Warning China poses 'highly sophisticated' cyber threat to UK Got a pair of AirPods? There's more to them than meets the eye SpaceX enjoys successful Starship rocket launch test According to Sabrina Hoque, a telecoms expert at Uswitch, customers could be entitled to compensation of £9.76 for each calendar day their broadband doesn't work - but only if it is down for more than two days. "Ofcom advises that compensation for mobile signal outages is 'dependent on the circumstances'," she said, "but in extreme cases, where repairs take much longer, you may be entitled to an additional refund or account credit." Considering the outage only lasted a few hours for most people, they may not be entitled to claim. However, Melanie Pizzey, chief executive of the Global Payroll Alliance, said the company could now face "a wave of compensation claims ... particularly if financial losses or missed deadlines can be directly linked to the downtime." One X user warned that last night, scammers pretending to be from Vodafone had called and directed him to download an app in order to receive compensation. "Who knows how many people they [are] scamming as we speak?" he said.
	2025-10-14 10:21 1mo ago	2025-10-14 06:05 1mo ago	CNFinance Holdings Limited Regains Compliance with NYSE ADS Trading Price Requirement	stocknewsapi	CNF
, /PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company"), a leading home equity loan service provider in China, today announced that it has regained compliance with the New York Stock Exchange ("NYSE") continued listing standard for minimum share price under Section 802.01C of the NYSE Listed Company Manual ("Price Criteria"). As announced on April 18, 2025, CNFinance was notified by NYSE on April 7, 2025, that the Company was not in compliance with the Price Criteria, as the average closing price of the Company's American depositary shares ("ADSs") was less than US$1.00 over thirty (30) trading-day period. NYSE provided the Company with a cure period of six (6) months following receipt of the notification to regain compliance with NYSE continued listing standards. As part of its efforts to regain compliance with the Price Criteria, the Company changed the ratio of its ADSs to its Class A ordinary shares, par value US$0.0001 per share, from the current ratio of one (1) ADS to twenty (20) Class A ordinary shares to a new ratio of one (1) ADS to two hundred (200) Class A ordinary shares. The change became effective on September 5, 2025. On October 1, 2025, the Company received a notification letter from NYSE that the Company's stock price was above the NYSE's minimum requirement of US$1.00 based on a thirty (30)-trading day average ended September 30, 2025. Accordingly, the Company has regained compliance with the Price Criteria, and will continue to be traded on the NYSE . About CNFinance Holdings Limited CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company") is a leading home equity loan service provider in China. CNFinance, through its operating subsidiaries in China, conducts business by connecting demands and supplies through collaborating with sales partners and trust companies under the trust lending model, and sales partners, local channel partners and commercial banks under the commercial bank partnership model. Sales partners and local channel partners are responsible for recommending micro- and small-enterprise ("MSE") owners with financing needs to the Company and the Company introduces eligible borrowers to licensed financial institutions with sufficient funding sources including trust companies and commercial banks who will then conduct their own risk assessments and make credit decisions. The Company's primary target borrower segment is MSE owners who own real properties in Tier 1 and Tier 2 cities and other major cities in China. The Company's risk mitigation mechanism is embedded in the design of its loan products, supported by an integrated online and offline process focusing on risks of both borrowers and collateral and further enhanced by effective post-loan management procedures. SOURCE CNFinance Holdings Limited WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In
	2025-10-14 10:21 1mo ago	2025-10-14 06:05 1mo ago	Domino's Pizza® Announces Third Quarter 2025 Financial Results	stocknewsapi	DPZ
Global retail sales growth (excluding foreign currency impact) of 6.3% U.S. same store sales growth of 5.2% International same store sales growth (excluding foreign currency impact) of 1.7% Global net store growth of 214, including 29 net store openings in the U.S. and 185 net store openings internationally Income from operations increased 12.2%; excluding the $0.8 million positive impact of foreign currency exchange rates on international franchise royalty revenues, income from operations increased 11.8% , /PRNewswire/ -- Domino's Pizza, Inc. (Nasdaq: DPZ), the largest pizza company in the world, announced results for the third quarter of 2025. "I am incredibly proud of how our team and franchise system is bringing our Hungry for MORE strategy to life and delivering best in class results," said Russell Weiner, Domino's Chief Executive Officer. "In the U.S., we drove positive order counts behind our Best Deal Ever promotion and stuffed crust pizza product innovation for the third quarter. This resulted in another quarter of strong growth in both our delivery and carryout businesses. Seeing our strategy being executed at such a high level gives me the confidence that we will continue to win and take QSR pizza market share around the world in 2025 and beyond. We have never had more tools to drive long-term value creation for our franchisees and shareholders." Third Quarter 2025 Operational and Financial Highlights (Unaudited): The tables below outline certain statistical measures utilized by the Company to analyze its performance, as well as key financial results. This historical data is not necessarily indicative of results to be expected for any future period. Refer to Comments on Regulation G below for additional details, including definitions of these statistical measures and certain reconciliations. Third Quarter Three Fiscal Quarters 2025 2024 2025 2024 Global retail sales: (in millions of U.S. dollars) U.S. stores $ 2,320.4 $ 2,168.4 $ 6,896.8 $ 6,602.5 International stores 2,375.8 2,223.6 6,933.5 6,581.9 Total $ 4,696.2 $ 4,392.0 $ 13,830.3 $ 13,184.4 Third Quarter Three Fiscal Quarters 2025 2024 2025 2024 Global retail sales growth: (versus prior year period, excluding foreign currency impact) U.S. stores + 7.0 % + 5.1 % + 4.5 % + 6.6 % International stores + 5.7 % + 5.1 % + 6.6 % + 6.5 % Total + 6.3 % + 5.1 % + 5.5 % + 6.5 % Same store sales growth: (versus prior year period) U.S. Company-owned stores + 3.4 % + 3.1 % + 1.0 % + 5.4 % U.S. franchise stores + 5.3 % + 3.0 % + 2.7 % + 4.4 % U.S. stores + 5.2 % + 3.0 % + 2.7 % + 4.5 % International stores (excluding foreign currency impact) + 1.7 % + 0.8 % + 2.5 % + 1.1 % U.S. Company- owned Stores U.S. Franchise Stores Total U.S. Stores International Stores Total Third quarter of 2025 store counts: Store count at June 15, 2025 258 6,803 7,061 14,475 21,536 Openings 2 28 30 220 250 Closings — (1) (1) (35) (36) Store count at September 7, 2025 260 6,830 7,090 14,660 21,750 Third quarter 2025 net store growth 2 27 29 185 214 Trailing four quarters net store growth 3 157 160 588 748 Third Quarter Three Fiscal Quarters (In millions, except percentages, percentage points, per share data and leverage ratio) 2025 2024 Increase/ (Decrease) 2025 2024 Increase/ (Decrease) Total revenues $1,147.1 $1,080.1 + 6.2 % $3,404.3 $3,262.5 + 4.3 % U.S. Company-owned store gross margin 16.3 % 16.8 % (0.5) pp 16.0 % 17.3 % (1.3) pp Supply chain gross margin 11.3 % 10.6 % + 0.7 pp 11.6 % 11.0 % + 0.6 pp Income from operations $223.2 $198.8 + 12.2 % $658.3 $605.3 + 8.7 % Net income $139.3 $146.9 (5.2) % $420.1 $414.7 + 1.3 % Diluted earnings per share $4.08 $4.19 (2.6) % $12.22 $11.80 + 3.6 % Leverage ratio 4.5x 4.9x (0.4)x Net cash provided by operating activities $552.3 $446.9 + 23.6 % Capital expenditures (56.7) (70.8) (19.9) % Free cash flow $495.6 $376.1 + 31.8 % Revenues increased $66.9 million, or 6.2%, in the third quarter of 2025 as compared to the third quarter of 2024, primarily due to higher supply chain revenues and higher U.S. franchise royalties and fees and advertising revenues. The increase in supply chain revenues was primarily attributable to higher order volumes, as well as an increase in the Company's food basket pricing to stores, which increased 3.3% during the third quarter of 2025 as compared to the third quarter of 2024. These increases were partially offset by a shift in the relative mix of products sold by the Company and the transition of the Company's equipment and supplies business to a third-party supplier. The increases in U.S. franchise royalties and fees and advertising revenues were driven primarily by same store sales growth and net store growth during the trailing four quarters. U.S. Company-owned store gross margin decreased 0.5 percentage points in the third quarter of 2025 as compared to the third quarter of 2024, primarily due to the increase in the Company's food basket pricing to stores, as well as higher wage rates, and was partially offset by higher sales leverage. Supply chain gross margin increased 0.7 percentage points in the third quarter of 2025 as compared to the third quarter of 2024, primarily due to procurement productivity, partially offset by the increase in the cost of the Company's food basket. Income from operations increased $24.3 million, or 12.2%, in the third quarter of 2025 as compared to the third quarter of 2024. Excluding the positive impact of foreign currency exchange rates on international franchise royalty revenues of $0.8 million, income from operations increased $23.5 million, or 11.8%, in the third quarter of 2025 as compared to the third quarter of 2024. The increase in income from operations was primarily due to higher U.S. franchise royalties and fees and gross margin dollar growth within supply chain. Net income decreased $7.6 million, or 5.2%, in the third quarter of 2025 as compared to the third quarter of 2024, primarily due to an unfavorable change of $29.2 million in the pre-tax unrealized losses and gains associated with the Company's investment in DPC Dash Ltd. To a lesser extent, an increase in the provision for income taxes also contributed to the decrease in net income. The effective tax rate increased to 22.3% in the third quarter of 2025 as compared to 20.4% in the third quarter of 2024 resulting in an increase in the provision for income taxes of $2.2 million. These decreases were partially offset by higher income from operations as discussed above. Diluted EPS was $4.08 in the third quarter of 2025 as compared to $4.19 in the third quarter of 2024, representing an $0.11, or 2.6%, decrease. The decrease in diluted EPS in the third quarter of 2025 as compared to the third quarter of 2024 was driven by lower net income, partially offset by a lower weighted average diluted share count resulting from the Company's share repurchases during the trailing four quarters. Net cash provided by operating activities was $552.3 million in the three fiscal quarters of 2025 as compared to $446.9 million in the three fiscal quarters of 2024. The Company spent $56.7 million on capital expenditures in the three fiscal quarters of 2025 as compared to $70.8 million in the three fiscal quarters of 2024, resulting in free cash flow of $495.6 million in the three fiscal quarters of 2025 as compared to $376.1 million in the three fiscal quarters of 2024. The increase in free cash flow was a result of the positive impact of changes in operating assets and liabilities, higher net income excluding non-cash operating activities, the timing and amount of advertising activities, as well as lower investments in capital expenditures. Quarterly Dividend Subsequent to the end of the third quarter of 2025, on October 7, 2025, the Company's Board of Directors declared a $1.74 per share quarterly dividend on its outstanding common stock for shareholders of record as of December 15, 2025, to be paid on December 26, 2025. Share Repurchases During the third quarter of 2025, the Company repurchased and retired 165,778 shares of common stock for a total of $74.7 million. During the three fiscal quarters of 2025, the Company repurchased and retired 596,754 shares of common stock for a total of $274.7 million. As of September 7, 2025, the Company had a total remaining authorized amount for share repurchases of $539.7 million. 2025 Refinancing On September 5, 2025, the Company completed a previously announced $1.00 billion refinancing transaction, including the issuance by certain of its subsidiaries of $500.0 million of 4.930% fixed rate senior secured notes with an anticipated term of five years and $500.0 million of 5.217% fixed rate senior secured notes with an anticipated term of seven years (collectively, the "2025 Notes"). The proceeds from the 2025 Notes, as well as $160.0 million of the Company's unrestricted cash and cash equivalents, were used to (i) repay the remaining $742.0 million in outstanding principal under the Company's 2015 ten-year notes and the remaining $402.7 million in outstanding principal under the Company's 2018 7.5-year notes, (ii) prefund a portion of the interest payable on the 2025 Notes and (iii) capitalize $15.4 million for financing costs. Additionally, certain of the Company's subsidiaries also issued a new $320.0 million variable funding note facility, which was undrawn on the closing date, and the Company's previous variable funding note facilities were canceled. For additional information related to this refinancing transaction, refer to the Company's Current Report on Form 8-K filed on September 8, 2025 and the Company's Form 10-Q for the quarter ended September 7, 2025. Comments on Regulation G In addition to the GAAP financial measures set forth in this press release, the Company has included non-GAAP financial measures within the meaning of Regulation G, including free cash flow, income from operations, excluding foreign currency impact and Consolidated Adjusted EBITDA. The Company has also included metrics such as global retail sales, global retail sales growth (excluding foreign currency impact), same store sales growth, net store growth, food basket pricing change, impact of changes in foreign currency exchange rates on international franchise royalty revenues and the leverage ratio, which are commonly used statistical measures in the quick-service restaurant industry that are important to understanding Company performance. The Company uses "global retail sales," a statistical measure, to refer to total worldwide retail sales at Company-owned and franchise stores. The Company believes global retail sales information is useful in analyzing revenues because franchisees pay royalties and advertising fees that are based on a percentage of franchise retail sales. The Company reviews comparable industry global retail sales information to assess business trends and to track the growth of the Domino's Pizza brand and believes they are indicative of the financial health of the Company's franchisee base. In addition, supply chain revenues are directly impacted by changes in franchise retail sales in the U.S. and Canada. As a result, sales by Domino's franchisees have a direct effect on the Company's profitability. Retail sales for franchise stores are reported to the Company by its franchisees and are not included in Company revenues. "Global retail sales growth" is calculated as the change of U.S. Dollar global retail sales against the comparable period of the prior year. "Global retail sales growth, excluding foreign currency impact" is calculated as the change of international local currency global retail sales against the comparable period of the prior year. Changes in global retail sales growth, excluding foreign currency impact, are primarily driven by same store sales growth and net store growth. The Company uses "same store sales growth," a statistical measure, which is calculated by including only retail sales from stores that also had sales in the comparable weeks of both periods. International same store sales growth is calculated similarly to U.S. same store sales growth. Changes in international same store sales are reported excluding foreign currency impacts, which reflect changes in international local currency sales. Same store sales growth for transferred stores is reflected in their current classification. The Company uses "net store growth," a statistical measure, which is calculated by netting gross store openings with gross store closures during the period. Transfers between Company-owned stores and franchised stores are excluded from the calculation of net store growth. The Company uses "food basket pricing change," a statistical measure, which is calculated as the percentage change of the food basket (including both food and cardboard products) purchased by an average U.S. store (based on average weekly unit sales) from U.S. supply chain centers against the comparable period of the prior year. The Company believes that the food basket pricing change is important to investors and other interested persons to understand the Company's performance. As food basket prices fluctuate, revenues, cost of sales and gross margin percentages in the Company's supply chain segment also fluctuate. Additionally, cost of sales, gross margins and gross margin percentages for the Company's U.S. Company-owned stores also fluctuate. The Company uses "free cash flow," which is calculated as net cash provided by operating activities, less capital expenditures, both as reported under GAAP. The most directly comparable financial measure calculated and presented in accordance with GAAP is net cash provided by operating activities. The Company believes that the free cash flow measure is important to investors and other interested persons, and that such persons benefit from having a measure which communicates how much cash flow is available for working capital needs or to be used for repurchasing debt, making acquisitions, repurchasing common stock or paying dividends. The Company uses "income from operations, excluding foreign currency impact," which is calculated as income from operations as reported under GAAP, less the "impact of changes in foreign currency exchange rates on international franchise royalty revenues," a statistical measure. The most directly comparable financial measure calculated and presented in accordance with GAAP is income from operations. The impact of changes in foreign currency exchange rates on international franchise royalty revenues is calculated as the difference in international franchise royalty revenues resulting from translating current period local currency results to U.S. dollars at current period exchange rates as compared to prior period exchange rates. The Company believes that the impact of changes in foreign currency exchange rates on international franchise royalty revenues is important to investors and other interested persons to understand the Company's international royalty revenues given the significant variability in those revenues and that can be driven by changes in foreign currency exchanges rates. International franchise royalty revenues do not have a cost of sales component, so changes in these revenues have a direct impact on income from operations. The Company uses "Consolidated Adjusted EBITDA," which is calculated as Segment Income as defined by the Company under Accounting Standards Codification 280, Segment Reporting, less corporate administrative costs that have not been allocated to a reportable segment including labor, computer expenses, professional fees, travel and entertainment, rent, insurance and other corporate administrative costs. Consolidated Adjusted EBITDA is defined in the base indenture governing the Company's securitized debt. The Company uses Consolidated Adjusted EBITDA to determine future business objectives and targets and for long-range planning, as well as to evaluate total Company operating performance for the purposes of determining certain variable performance-based compensation. The Company believes Consolidated Adjusted EBITDA is a reliable barometer for the overall success of the Company. It is also used to calculate the leverage ratio (defined below), and other ratios defined in the indenture governing the Company's securitized debt. As such, Consolidated Adjusted EBITDA is important to investors and other interested persons to understand the financial performance of the Company, and to assess the ability of the Company to meet its financial obligations. The Company uses the "leverage ratio1," which is calculated as the Company's securitized debt related to its fixed-rate notes and borrowings under its variable funding notes, divided by Consolidated Adjusted EBITDA on a trailing four quarters basis. The Company has historically operated with a leverage ratio between four and six times. The Company reviews its leverage ratio on at least a quarterly basis and believes its leverage ratio is important to investors and other interested persons to understand the capital structure of the Company, and to assess the ability of the Company to meet its financial obligations. The reconciliation of the leverage ratio for the third quarters of 2025 and 2024 is as follows below. September 7, 2025 September 8, 2024 2015 Ten-Year Notes $ — $ 742,000 2017 Ten-Year Notes 940,000 940,000 2018 7.5-Year Notes — 402,688 2018 9.25-Year Notes 379,000 379,000 2019 Ten-Year Notes 648,000 648,000 2021 7.5-Year Notes 826,625 826,625 2021 Ten-Year Notes 972,500 972,500 2025 Five-Year Notes 500,000 — 2025 Seven-Year Notes 500,000 — Total fixed-rate notes $ 4,766,125 $ 4,910,813 Segment Income - third quarter of 2025 and 2024 $ 273,771 $ 252,117 Segment Income - second quarter of 2025 and 2024 273,758 253,565 Segment Income - first quarter of 2025 and 2024 268,417 260,016 Segment Income - fourth quarter of 2024 and 2023 340,968 327,098 Segment Income - trailing four quarters $ 1,156,914 $ 1,092,796 General and administrative - other - third quarter of 2025 and 2024 $ (19,771) $ (22,839) General and administrative - other - second quarter of 2025 and 2024 (20,925) (26,165) General and administrative - other - first quarter of 2025 and 2024 (27,313) (18,173) General and administrative - other - fourth quarter of 2024 and 2023 (27,818) (32,498) General and administrative - other - trailing four quarters $ (95,827) $ (99,675) Consolidated Adjusted EBITDA - trailing four quarters $ 1,061,087 $ 993,121 Leverage ratio 4.5 x 4.9 x (1) The Company also calculates and reviews its Senior Leverage Ratio and Holdco Leverage Ratio as defined in the indenture governing the Company's securitized debt. Conference Call Information The Company will file its Quarterly Report on Form 10-Q today. As previously announced, Domino's Pizza, Inc. will hold a conference call today at 8:30 a.m. (Eastern) to review its third quarter 2025 financial results. The webcast is available at ir.dominos.com and will be archived for one year. About Domino's Pizza® Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout. It ranks among the world's top public restaurant brands with a global enterprise of more than 21,700 stores in over 90 markets. Domino's had global retail sales of over $19.7 billion in the trailing four quarters ended September 7, 2025. Its system is comprised of independent franchise owners who accounted for 99% of Domino's stores as of the end of the third quarter of 2025. In the U.S., Domino's generated more than 85% of U.S. retail sales in 2024 via digital channels and has developed many innovative ordering platforms. Order – dominos.com Company Info – biz.dominos.com Media Assets – media.dominos.com Please visit our Investor Relations website at ir.dominos.com to view news, announcements, earnings releases, investor presentations and conference webcasts. SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: This press release contains various forward-looking statements about the Company within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") that are based on current management expectations that involve substantial risks and uncertainties which could cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements. The following cautionary statements are being made pursuant to the provisions of the Act and with the intention of obtaining the benefits of the "safe harbor" provisions of the Act. You can identify forward-looking statements by the use of words such as "anticipates," "believes," "could," "should," "estimates," "expects," "intends," "may," "will," "plans," "predicts," "projects," "seeks," "approximately," "potential," "outlook" and similar terms and phrases that concern our strategy, plans or intentions, including references to assumptions. These forward-looking statements address various matters including information concerning future results of operations and business strategy, our anticipated profitability, estimates in same store sales growth, store growth and the growth of our U.S. and international business in general, our ability to service our indebtedness, our future cash flows, our operating performance, trends in our business and other descriptions of future events reflect the Company's expectations based upon currently available information and data. While we believe these expectations and projections are based on reasonable assumptions, such forward-looking statements are inherently subject to risks, uncertainties and assumptions. Important factors that could cause actual results to differ materially from our expectations are more fully described in our filings with the Securities and Exchange Commission, including under the section headed "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 29, 2024. Actual results may differ materially from those expressed or implied in the forward-looking statements as a result of various factors, including but not limited to: our substantial indebtedness as a result of our recapitalization transactions and our ability to incur additional indebtedness or refinance or renegotiate key terms of that indebtedness in the future; the impact a downgrade in our credit rating may have on our business, financial condition and results of operations; our future financial performance and our ability to pay principal and interest on our indebtedness; the strength of our brand, including our ability to compete in the U.S. and internationally in our intensely competitive industry, including the food service and food delivery markets; our ability to successfully implement our growth strategy, including through our participation in the third-party order aggregation marketplace; labor shortages or changes in operating expenses resulting from increases in prices of food (particularly cheese), fuel and other commodity costs, labor, utilities, insurance, employee benefits and other operating costs or negative economic conditions; the effectiveness of our advertising, operations and promotional initiatives; shortages, interruptions or disruptions in the supply or delivery of fresh food products and store equipment; the additional risks our international operations subject us to, which may differ in each country in which we and our franchisees do business; our ability and that of our franchisees to successfully operate in the current and future credit environment; the impact of social media or a boycott on our business, brand and reputation; the impact of new or improved technologies and alternative methods of delivery on consumer behavior; new product, digital ordering and concept developments by us, and other food-industry competitors; our ability to maintain good relationships with and attract new franchisees, and franchisees' ability to successfully manage their operations without negatively impacting our royalty payments and fees or our brand's reputation; our ability to successfully implement cost-saving strategies; changes in the level of consumer spending given general economic conditions, including interest rates, energy prices and consumer confidence or negative economic conditions in general; our ability and that of our franchisees to open new restaurants and keep existing restaurants in operation and maintain demand for new stores; the impact that widespread illness, health epidemics or general health concerns, severe weather conditions and natural disasters may have on our business and the economies of the countries where we operate; changes in foreign currency exchange rates; changes in income tax rates; our ability to retain or replace our executive officers and other key members of management and our ability to adequately staff our stores and supply chain centers with qualified personnel; our ability to find and/or retain suitable real estate for our stores and supply chain centers; changes in government legislation and regulations, including changes in laws and regulations regarding information privacy, payment methods, advertising and consumer protection and social media; adverse legal judgments or settlements; food-borne illness or contamination of products or food tampering or other events that may impact our reputation; data breaches, power loss, technological failures, user error or other cyber risks threatening us or our franchisees; the impact that environmental, social and governance matters may have on our business and reputation; the effect of war, terrorism, catastrophic events, other geopolitical or reputational considerations or climate change; our ability to pay dividends and repurchase shares; changes in consumer tastes, spending and traffic patterns and demographic trends; changes in accounting policies; and adequacy of our insurance coverage. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur. All forward-looking statements speak only as of the date of this press release and should be evaluated with an understanding of their inherent uncertainty. Except as required under federal securities laws and the rules and regulations of the Securities and Exchange Commission, or other applicable law, we will not undertake, and specifically disclaim, any obligation to publicly update or revise any forward-looking statements to reflect events or circumstances arising after the date of this press release, whether as a result of new information, future events or otherwise. You are cautioned not to place undue reliance on the forward-looking statements included in this press release or that may be made elsewhere from time to time by, or on behalf of, us. All forward-looking statements attributable to us are expressly qualified by these cautionary statements. TABLES TO FOLLOW Domino's Pizza, Inc. and Subsidiaries Condensed Consolidated Statements of Income (Unaudited) Fiscal Quarter Ended September 7, 2025 % of Total Revenues September 8, 2024 % of Total Revenues (In thousands, except share and per share data) Revenues: U.S. Company-owned stores $ 82,749 $ 89,173 U.S. franchise royalties and fees 157,155 144,074 Supply chain 696,959 651,314 International franchise royalties and fees 78,549 74,633 U.S. franchise advertising 131,642 120,925 Total revenues 1,147,054 100.0 % 1,080,119 100.0 % Cost of sales: U.S. Company-owned stores 69,258 74,205 Supply chain 617,894 582,167 Total cost of sales 687,152 59.9 % 656,372 60.8 % Gross margin 459,902 40.1 % 423,747 39.2 % General and administrative 105,092 9.1 % 103,991 9.6 % U.S. franchise advertising 131,642 11.5 % 120,925 11.2 % Income from operations 223,168 19.5 % 198,831 18.4 % Other (expense) income (3,017) (0.3) % 26,172 2.4 % Interest expense, net (40,952) (3.6) % (40,387) (3.7) % Income before provision for income taxes 179,199 15.6 % 184,616 17.1 % Provision for income taxes 39,880 3.5 % 37,692 3.5 % Net income $ 139,319 12.1 % $ 146,924 13.6 % Earnings per share: Common stock – diluted $ 4.08 $ 4.19 Weighted average diluted shares 34,146,418 35,039,408 Domino's Pizza, Inc. and Subsidiaries Condensed Consolidated Statements of Income (Unaudited) Three Fiscal Quarters Ended September 7, 2025 % of Total Revenues September 8, 2024 % of Total Revenues (In thousands, except share and per share data) Revenues: U.S. Company-owned stores $ 266,803 $ 274,086 U.S. franchise royalties and fees 464,416 442,168 Supply chain 2,053,945 1,969,772 International franchise royalties and fees 231,272 220,295 U.S. franchise advertising 387,818 356,181 Total revenues 3,404,254 100.0 % 3,262,502 100.0 % Cost of sales: U.S. Company-owned stores 224,242 226,722 Supply chain 1,815,993 1,753,132 Total cost of sales 2,040,235 59.9 % 1,979,854 60.7 % Gross margin 1,364,019 40.1 % 1,282,648 39.3 % General and administrative 321,777 9.5 % 320,962 9.8 % U.S. franchise advertising 387,818 11.4 % 356,181 10.9 % Refranchising (gain) loss (3,883) (0.1) % 158 0.0 % Income from operations 658,307 19.3 % 605,347 18.6 % Other income 5,036 0.2 % 18,871 0.6 % Interest expense, net (123,411) (3.6) % (122,996) (3.8) % Income before provision for income taxes 539,932 15.9 % 501,222 15.4 % Provision for income taxes 119,871 3.6 % 86,496 2.7 % Net income $ 420,061 12.3 % $ 414,726 12.7 % Earnings per share: Common stock – diluted $ 12.22 $ 11.80 Weighted average diluted shares 34,366,396 35,145,732 Domino's Pizza, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Unaudited) September 7, 2025 December 29, 2024 (In thousands) Assets Current assets: Cash and cash equivalents $ 139,728 $ 186,126 Restricted cash and cash equivalents 202,501 195,370 Accounts receivable, net 277,175 309,104 Inventories 71,155 70,919 Prepaid expenses and other 41,349 40,363 Advertising fund assets, restricted 135,826 103,396 Total current assets 867,734 905,278 Property, plant and equipment, net 290,653 301,179 Operating lease right-of-use assets 223,540 210,302 Investment in DPC Dash 43,650 82,699 Other assets 234,700 237,555 Total assets $ 1,660,277 $ 1,737,013 Liabilities and stockholders' deficit Current liabilities: Current portion of long-term debt $ 5,521 $ 1,149,679 Accounts payable 113,071 85,898 Operating lease liabilities 45,163 39,920 Advertising fund liabilities 132,705 101,567 Other accrued liabilities 242,693 235,398 Total current liabilities 539,153 1,612,462 Long-term liabilities: Long-term debt, less current portion 4,810,274 3,825,659 Operating lease liabilities 190,757 181,983 Other accrued liabilities 82,052 79,200 Total long-term liabilities 5,083,083 4,086,842 Total stockholders' deficit (3,961,959) (3,962,291) Total liabilities and stockholders' deficit $ 1,660,277 $ 1,737,013 Domino's Pizza, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (Unaudited) Three Fiscal Quarters Ended September 7, 2025 September 8, 2024 (In thousands) Cash flows from operating activities: Net income $ 420,061 $ 414,726 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 61,128 60,974 Refranchising (gain) loss (3,883) 158 Loss on sale/disposal of assets 703 501 Amortization of debt issuance costs 3,768 3,685 Provision (benefit) for deferred income taxes 9,255 (7,524) Non-cash equity-based compensation expense 31,681 31,541 Excess tax benefits from equity-based compensation (2,751) (21,609) (Benefit) provision for losses on accounts and notes receivable (49) 250 Unrealized and realized gain on investments, net (5,036) (18,871) Changes in operating assets and liabilities 10,242 (18,968) Changes in advertising fund assets and liabilities, restricted 27,137 2,016 Net cash provided by operating activities 552,256 446,879 Cash flows from investing activities: Capital expenditures (56,667) (70,801) Sale of investments 44,085 — Proceeds from sale of assets 8,458 73 Other (1,939) (1,167) Net cash used in investing activities (6,063) (71,895) Cash flows from financing activities: Proceeds from issuance of long-term debt 1,000,000 — Repayments of long-term debt and finance lease obligations (1,147,773) (15,947) Proceeds from exercise of stock options 12,882 34,669 Purchases of common stock (277,698) (214,999) Tax payments for restricted stock upon vesting (10,862) (10,706) Payments of common stock dividends and equivalents (119,503) (106,015) Cash paid for financing costs (15,287) — Net cash used in financing activities (558,241) (312,998) Effect of exchange rate changes on cash 1,487 (589) Change in cash and cash equivalents, restricted cash and cash equivalents (10,561) 61,397 Cash and cash equivalents, beginning of period 186,126 114,098 Restricted cash and cash equivalents, beginning of period 195,370 200,870 Cash and cash equivalents included in advertising fund assets, restricted, beginning of period 80,928 88,165 Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, beginning of period 462,424 403,133 Cash and cash equivalents, end of period 139,728 189,084 Restricted cash and cash equivalents, end of period 202,501 185,439 Cash and cash equivalents included in advertising fund assets, restricted, end of period 109,634 90,007 Cash and cash equivalents, restricted cash and cash equivalents and cash and cash equivalents included in advertising fund assets, restricted, end of period $ 451,863 $ 464,530 SOURCE Domino's Pizza, Inc. 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	2025-10-14 10:21 1mo ago	2025-10-14 06:05 1mo ago	PacBio Announces Major Advances for Revio and Vega to Lower Genome Cost and Expand Multiomic Capabilities	stocknewsapi	PACB
New SPRQ-Nx chemistry designed to deliver the most complete view of the genome for less than $300 at scale October 14, 2025 06:05 ET \| Source: PacBio MENLO PARK, Calif., Oct. 14, 2025 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB), developer of the world's most advanced sequencing technologies, today announced innovations to its Revio and Vega platforms designed to lower sequencing costs, add new multiomic capabilities, and expand support for regulated research environments. The advancements center on new SPRQ-Nx sequencing chemistry and consumables, which are designed to deliver PacBio’s most affordable HiFi genome to date. Customers operating at scale could see as much as a 40% reduction from current costs, down to a price of less than $300 per genome. Additional improvements include 5hmC detection for epigenetic profiling and 21 CFR Part 11 compliance features for Vega. These updates reflect PacBio’s continued investment in making its highly accurate long-read sequencing solutions accessible at scale for population genomics, clinical research, and production-scale environments. Beta testing of SPRQ-Nx chemistry on the higher throughput Revio is expected to begin in November 2025, with full commercial availability planned in 2026. Beta participants will be able to purchase 384 genomes of sequencing reagents for approximately $250 per genome. At launch, Revio systems running SPRQ-Nx will produce complete, multiomic native long-read genomes at the lowest cost in the market. PacBio intends to achieve these cost savings by enabling multiple runs per SMRT Cell while maintaining output per run, which will improve efficiency, reduce waste, and preserve PacBio’s hallmark accuracy and data richness. “With lower sequencing costs, deeper biological insights, and new capabilities for clinical research and production-scale labs, we are delivering on our goal to make HiFi sequencing accessible for every genome and every lab,” said Christian Henry, President and Chief Executive Officer of PacBio. “From early discussions with customers, we’re seeing funding for projects at a larger scale than we’ve seen in the past. Our new pricing will allow researchers to apply the richness of HiFi data to many applications requiring more genomes, especially those leveraging large sample numbers to build robust AI models.” Vega, PacBio’s benchtop system, will integrate SPRQ-Nx chemistry and 5hmC detection capabilities in 2026. Vega will also add rapid two- and four-hour sequencing runs, designed for high-demand applications such as plasmid and targeted sequencing. These upgrades will include secure authentication and audit logging features to support 21 CFR Part 11 compliance for labs operating under regulated conditions. “Long reads are essential for population genomics because they reveal variants, phasing, methylation, and complex regions that other methods often miss,” said Michael Schatz, Bloomberg Distinguished Professor at Johns Hopkins University. “With Revio’s multi-use SMRT Cells driving down sequencing costs, long-read data will be foundational to the next generation of population studies, enabling deeper discovery and greater representation across diverse populations.” With the increased demand for HiFi data in large-scale, multi-year population studies, PacBio plans to provide to long-term support for the Revio and Vega platforms through 2032. Interested customers can register for early-access to SPRQ-Nx through PacBio’s updated Technology Page, or visit booth #919 at ASHG 2025 for more details. For more information about PacBio, visit: https://www.pacb.com About PacBio PacBio (NASDAQ: PACB) is a premier life science technology company that designs, develops, and manufactures advanced sequencing solutions to help scientists and clinical researchers resolve genetically complex problems. Our products and technologies, which include our HiFi long-read sequencing, address solutions across a broad set of research applications including human germline sequencing, plant and animal sciences, infectious disease and microbiology, oncology, and other emerging applications. For more information, please visit www.pacb.com and follow @PacBio. PacBio products are provided for Research Use Only. Not for use in diagnostic procedures. Forward Looking Statements This press release may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including statements relating to the uses, advantages, and benefits or expected uses, advantages or benefits of using, PacBio products or technologies; price, affordability and cost reductions; complete, multiomic genomes at the lowest cost native long-read genome in the market at launch for systems running SPRQ-Nx; expected dates and time frames of product and product feature availability; completeness of the genome and views thereof; expanded multiomic and epigenetic capabilities; regulatory compliance features; beta testing anticipated availability; efficiency; waste reduction; expected larger customer project scales and AI modeling; commitment to long-term product support through 2032; and other future events. You should not place undue reliance on forward-looking statements because they are subject to assumptions, risks, and uncertainties and could cause actual outcomes and results to differ materially from currently anticipated results, including, challenges inherent in commercializing new products; potential manufacturing, performance and quality issues; unexpected cost and tariff increases; regulatory requirements; and third-party claims alleging infringement of patents and proprietary rights or seeking to invalidate PacBio's patents or proprietary rights. Additional factors that could materially affect actual results can be found in PacBio's most recent filings with the Securities and Exchange Commission, including PacBio's most recent reports on Forms 8-K, 10-K, and 10-Q, and include those listed under the caption "Risk Factors." These forward-looking statements are based on current expectations and speak only as of the date hereof; except as required by law, PacBio disclaims any obligation to revise or update these forward-looking statements to reflect events or circumstances in the future, even if new information becomes available. Contacts Investors: Jim Gibson: [email protected] or [email protected] Media: [email protected]
	2025-10-14 10:21 1mo ago	2025-10-14 06:05 1mo ago	Trump's Tylenol claims limit M&A options for parent company Kenvue	stocknewsapi	KVUE
SummaryCompaniesKenvue faces investor pressure amid strategic review, leadership changes and litigation riskTrump administration position on Tylenol erased $10 billion in market valuePotential sale or spin-off of Kenvue's skin health is on the tableOct 14 (Reuters) - Tylenol maker Kenvue (KVUE.N), opens new tab was already having a painful year before U.S. President Donald Trump and his health secretary got involved. Activist investor Starboard Value took aim at the company about a year ago, forcing the Band-Aid and Benadryl maker to settle a potentially costly and time-consuming fight by naming the hedge fund's CEO, Jeffrey Smith, and two other directors to the board in March. Sign up here. Other unhappy investors weren't mollified by the board refreshment, including Daniel Loeb's hedge fund Third Point, which quietly built its own stake in April. In mid-July, Kenvue's board ousted its CEO after already replacing its chief financial officer and launched a strategic review of its operations, which sources say could include a sale or breakup of the company that had been spun off from healthcare conglomerate Johnson & Johnson (JNJ.N), opens new tab in 2023. Then news leaked on September 5 of a report that Health Secretary Robert F. Kennedy, Jr. planned to release linking its popular painkiller Tylenol to autism, driving shares down 9% that day. AUTISM CLAIMSArguably the biggest blow came on September 22, when Trump told people to stop taking Tylenol. Flanked by Kennedy at a rare Roosevelt Room press conference, he told America: "It's not good." The Food and Drug Administration, part of Kennedy's Department of Health and Human Services, that same day said it was slapping a new warning, opens new tab on Tylenol labels reflecting safety concerns that its active ingredient, acetaminophen, could cause attention-deficit/hyperactivity disorder and autism in children whose mothers took it during pregnancy. That claim was refuted by influential medical groups and dismissed in federal court for its lack of scientific evidence. The Trump administration's statements have cost Kenvue some $10 billion in market value and prompted investors to steer clear of the company, for now, analysts and investors said. The presidential spotlight created a public relations firestorm for Kenvue, which has a market value of roughly $30 billion. It could create new legal dangers and complicate any strategic plans for the company, which also owns Neutrogena, Listerine and Zyrtec among several popular household products. Kenvue declined to comment. Plaintiffs are appealing a federal judge's 2024 dismissal of lawsuits bundled into multi-district litigation that alleged Tylenol or generic versions caused autism. The judge ruled that they failed to support their conclusions with scientific evidence. "In 25 years or so doing this work, I’ve never seen the president, the HHS secretary, and the FDA commissioner join hands in common cause with the plaintiffs’ bar and use the bully pulpit of the White House to promote the interests of a legal case,” said Bob Chlopak, managing partner at Vision360 Partners, a firm that specializes in crisis communications. COMPLICATING STRATEGIC OPTIONSKenvue's strategic review committee is considering a broad range of options, including a sale of the company or sale or spin-off of its struggling skin health & beauty unit, which contains household brands like Neutrogena, Aveeno and Clean & Clear, people familiar with the company's thinking said. Finding a buyer for the full company would be much harder now with several dealmakers saying the company is “unsellable” until all Tylenol claims are resolved because buyers would worry about litigation risk and a prolonged drop in sales at one of the biggest brands. “In our view, the company’s current structure makes (a full sale) unlikely, but a more focused OTC and skin care business could eventually become a target,” a July HSBC research note said. Other consumer giants including Kellogg and Kraft Heinz (KHC.O), opens new tab have opted for separation to create more streamlined businesses. Last month, Kraft Heinz announced it will separate into two independent, publicly traded companies: Global Taste Elevation and North American Grocery. There is already interest in Neutrogena and Aveeno, sources said, but so far Kenvue has only been willing to part with its non-core skin health & beauty brands. The skin health & beauty unit could be worth $6 billion to $9 billion, analysts say, despite the segment's falling revenue. That's a large bite for any company or private equity firm, but some have turnaround ideas for brands like Neutrogena, which Kenvue has poured advertising dollars into this year, sources said. Neutrogena has struggled to win over Gen Z consumers and lost market share to competitors like L'Oreal's CeraVe, which in 2021 usurped the title of the No. 1 recommended skin care brand by dermatologists. LEGAL CHALLENGES AHEADIf Kenvue were to sell or spin the skin health & beauty unit, the remaining company might be worse off without profitable segments to balance potential losses from its Tylenol litigation. Ashley Keller, who represents families in the class action dismissed last year, submitted the Trump administration's latest actions as supporting evidence in an appeal before the 2nd U.S. Circuit Court of Appeals in Manhattan. Kenvue could face substantial damages if the appeals court sides with plaintiffs, worrying investors. The appellate court is using a legal standard that allows it to overturn the dismissal only if the panel of judges finds the prior ruling to be "plain error," unreasonable, or "completely out of bounds," lawyers and analysts said. A ruling is expected by the end of March. The solution to the Tylenol problem might just be time, analysts said, but board committees typically try to wrap up strategic reviews in a matter of months. Reporting by Abigail Summerville and Svea Herbst-Bayliss in New York; Editing by Dawn Kopecki and Bill Berkrot Our Standards: The Thomson Reuters Trust Principles., opens new tab Abigail is on the M&A team and writes about consumer and retail deals. She joined Reuters in 2022 from Debtwire where she covered leveraged finance and the primary debt market for three years. Previously, her work has appeared in the Wall Street Journal, CNBC and the Boston Business Journal. She majored in business journalism at Washington and Lee University.
	2025-10-14 10:21 1mo ago	2025-10-14 06:06 1mo ago	InnovAge (INNV) Surges 8.6%: Is This an Indication of Further Gains?	stocknewsapi	INNV
InnovAge Holding Corp. (INNV - Free Report) shares ended the last trading session 8.6% higher at $5.55. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 12.3% gain over the past four weeks. InnovAge Holding Corp. scored a strong price increase, on investors’ optimism surrounding its impending fiscal 2026 first-quarter financial results, which is expected to release next month. The Zacks Consensus Estimate for the first quarter revenue suggests a growth of 9.6% year over year, while earnings are projected to jump 125%. Building on a strong fiscal 2025 performance, InnovAge is likely to maintain its momentum this year through continued financial discipline, clinical performance and compliance execution. This company is expected to post quarterly earnings of $0.01 per share in its upcoming report, which represents a year-over-year change of +125%. Revenues are expected to be $224.83 million, up 9.6% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For InnovAge, the consensus EPS estimate for the quarter has been revised 100% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on INNV going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> InnovAge belongs to the Zacks Medical Services industry. Another stock from the same industry, GeneDx Holdings Corp. (WGS - Free Report) , closed the last trading session 0.7% lower at $120.87. Over the past month, WGS has returned -1.8%. GENEDX HOLDINGS' consensus EPS estimate for the upcoming report has changed -4.7% over the past month to $0.28. Compared to the company's year-ago EPS, this represents a change of +600%. GENEDX HOLDINGS currently boasts a Zacks Rank of #3 (Hold).
	2025-10-14 10:21 1mo ago	2025-10-14 06:07 1mo ago	Lantheus Holdings: Not An Easy Buy, But The Company Continues To Create Value	stocknewsapi	LNTH
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in LNTH, over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
	2025-10-14 10:21 1mo ago	2025-10-14 06:09 1mo ago	Aclarion Provides Corporate Update Highlighting Market Expansion as CLARITY Trial Advances Toward Key Data Catalyst	stocknewsapi	ACON
Debt-free balance sheet with $13.3 million in cash as of today ($15.11 per share fully diluted) providing strategic flexibility for continued commercial growth Nociscan scan volumes increase +89% year-over-year with third consecutive quarter of record utilization across U.S., U.K., and E.U. markets CLARITY pivotal trial progressing on schedule and early 3-month readouts expected Q2 2026 as AI-driven disc pain biomarker validation continues Webcast scheduled for October 20 th at 12:00 pm PT at the LD Micro Main Event BROOMFIELD, Colo.
	2025-10-14 10:21 1mo ago	2025-10-14 06:09 1mo ago	Shah Capital pushes for Novavax's sale on persistent underperformance, marketing missteps	stocknewsapi	NVAX
A person poses with a dose of Novavax Nuvaxovid COVID-19 vaccine in this illustration picture taken in Schwenksville, Pennsylvania, U.S. October 2, 2025. REUTERS/Hannah Beier/Illustration Purchase Licensing Rights, opens new tab Oct 14 (Reuters) - Shah Capital has urged Novavax's (NVAX.O), opens new tab board to pursue a sale of the biotech, citing a third consecutive year of poor roll-out of its COVID-19 shot, the hedge fund said on Tuesday. In its letter, shared exclusively with Reuters, the company's second largest shareholder recommended that Novavax's capabilities will "have far greater potential in the hands of a large capable pharma entity." Sign up here. Shah Capital owns a 7.2% stake in Novavax. Himanshu Shah, founder and chief investment officer of the fund, told Reuters that Novavax could get a valuation of "at least $5 billion" based on the commercial potential of the company's vaccines. He also believes that the "political picture" and scientific evidence were in Novavax's favor. Novavax has a market valuation of about $1.35 billion, as per LSEG data. The fund's latest move is its second attempt to push for change at the company. Last year, Shah Capital had withdrawn its campaign against the re-election of three directors on Novavax's board, after the company struck a licensing deal with Sanofi (SASY.PA), opens new tab. "The problem has been the sales," Shah told Reuters. A series of critical marketing missteps have led to Nuvaxovid, the biotech's protein-based COVID-19 shot, taking only 2% of market share last season, Shah said in his letter. As of October 2, Novavax has rolled out about 7,000 shots, while its mRNA rivals Pfizer (PFE.N), opens new tab and Moderna (MRNA.O), opens new tab had rolled out nearly 6 million shots, Shah said. He sees Sanofi, Merck (MRK.N), opens new tab, GSK (GSK.L), opens new tab, and AstraZeneca (AZN.L), opens new tab among the potential buyers for Novavax, adding that he has not been in touch with any of these drugmakers. Novavax's protein-based vaccine was approved in May, but the US FDA limited its use to older adults and at-risk people over the age of 12. U.S. Health and Human Services Secretary Robert F. Kennedy Jr., a long-time vaccine skeptic, had also raised concerns about the efficacy of the shot in a CBS interview earlier this year. Reporting by Sneha S K in Bengaluru and Bhanvi Satija in London; Editing by Shailesh Kuber Our Standards: The Thomson Reuters Trust Principles., opens new tab Bhanvi Satija reports on pharmaceutical companies and the healthcare industry in the United States. She has a postgraduate degree in International Journalism from City, University of London.
	2025-10-14 10:21 1mo ago	2025-10-14 06:10 1mo ago	BlackRock's Assets Hit Record $13.5 Trillion After Market Rally, Dealmaking Spree	stocknewsapi	BLK
The investment manager's revenue rose 25% in the third quarter.
	2025-10-14 10:21 1mo ago	2025-10-14 06:10 1mo ago	Elite Express Holding Inc. Announces Third Quarter 2025 Results	stocknewsapi	ETS
LAGUNA HILLS, Calif., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Elite Express Holding Inc. (“ETS” or the “Company”) (Nasdaq CM: ETS), a California-based provider of last-mile delivery services, today reported results for the quarter ended August 31, 2025. For the quarter ended August 31, 2025, the Company reported revenue of $633,865 from its business, representing a 7.4% increase compared with the same period in 2024. The Company reported a net loss of $185,881, representing a 142.9% decrease compared with the net loss of $76,526 for the same period in 2024. Yidan Chen, ETS’s CEO commented, “Our third quarter marks our first earnings release since becoming a publicly listed company in August 2025. We delivered a 7.4% year-over-year revenue growth and achieved our first quarterly gross profit, reflecting the strength of our operations and our disciplined focus on operational efficiency. “Although we incurred higher compliance and governance expenses, these investments are essential to building a strong foundation as a newly public company. Looking ahead, we are focused on expanding our fleet, leveraging technology to scale operations, and diversifying beyond our sole customer, FedEx, to capture new growth opportunities. With e-commerce demand continuing to rise, we believe ETS is well positioned to deliver sustainable long-term value for our shareholders.” Third Quarter 2025 Financial Results For the three months ended August 31, 2025, the Company reported revenue of $633,865, representing an increase of $43,490, or 7.4%, compared with $590,375 for the three months ended August 31, 2024. Activity-based revenue accounted for $477,705, or 75.4% of total revenue, during the three months ended August 31, 2025, compared with $414,445, or 70.2% of total revenue, for the same period in the prior year. This increase primarily reflected our continued emphasis on operational throughput under the FedEx ISP structure. In contrast, fixed revenue, including weekly service charges and branding-related revenue, declined from $175,797 to $155,644, a decrease of $20,153, or 11.5%, primarily due to a reduction in baseline weekly compensation. The Company also reported cost of revenue of $627,048 for the three months ended August 31, 2025, compared with $620,164, for the three months ended August 31, 2024. The slight increase is primarily due to higher labor costs, partially offset by lower fuel prices and maintenance and repair fees. For the three months ended August 31, 2025, we recorded our first gross profit of $6,817, compared with a gross loss of $29,789, for the three months ended August 31, 2024. The increase of $36,606 was primarily driven by increased revenue. General and administrative expenses for the Company increased by $112,320, or 285.9%, to $151,600 for the three months ended August 31, 2025, from $39,280 for the three months ended August 31, 2024. The increase was mainly due to (i) $53,449 in legal and accounting fees, primarily related to audit services, financial reporting, and regulatory compliance related to our status as a public company; (ii) $76,853 in payroll expenses associated with personnel supporting corporate governance, internal controls, and administrative operations that were not incurred in the comparable period in the previous year. The Company reported a net loss of $185,881 for the three months ended August 31, 2025, compared with a net loss of $76,526 for the same period of 2024. Nine Months 2025 Financial Results For the nine months ended August 31, 2025, the Company reported revenue of $1,956,258, representing an increase of $141,943, or 7.8%, compared with $1,814,315 for the nine months ended August 31, 2024. The increases were primarily attributable to higher volume-based activity revenue, particularly from e-commerce deliveries, which offset the decline in fixed weekly service fees. For the nine months ended August 31, 2025, the total cost of revenues increased to $1,963,846 from $1,828,794 for the same period in 2024, representing an increase of $135,052, or 7.4%, primarily due to higher labor and service costs. General and administrative expenses for the Company increased by $468,682, or 432.8%, to $576,981 for the nine months ended August 31, 2025 from $108,299 for the nine months ended August 31, 2024, primarily due to (i) $314,655 in legal and accounting fees, primarily related to audit services, financial reporting, and regulatory compliance related to the JAR acquisition; (ii) $228,542 in payroll expenses associated with personnel supporting corporate governance, internal controls, and administrative operations that were not incurred in the comparable period in the previous year. Other categories, such as systems support and general office expenses, remained stable relative to the current operational scope. The Company had a net loss of $498,484 for the nine months ended August 31, 2025, compared with a net loss of $144,521 for the same period of 2024. Forward-Looking Statements This press release contains “forward-looking statements.” All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including, but not limited to: any projections of earnings, revenue, or other financial items; any statements regarding the adequacy, availability, and sources of capital, any statements of the plans, strategies, and objectives of management for future operations; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; any statements of belief; and any statements of assumptions underlying any of the foregoing. Forward-looking statements may include the words “may,” “will,” “estimate,” “intend,” “continue,” “believe,” “expect,” “plan,” “project,” or “anticipate,” and other similar words. In addition to any assumptions and other factors and matters referred to specifically in connection with such forward-looking statements, factors that could cause actual results or outcomes to differ materially from those contained in the forward-looking statements include those factors set forth in the “Risk Factors” section included in our registration statement on Form S-1 (File No. 333-286965), as amended, which was initially filed with the SEC on May 5, 2025 and declared effective by the SEC on August 20, 2025. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent risks and uncertainties, such as those disclosed in our quarterly report. We do not intend, and undertake no obligation, to update any forward-looking statement, except as required by law. The information included in this press release should be read in conjunction with our unaudited condensed consolidated financial statements and the notes included in our quarterly report on Form 10-Q. For more information, please contact: Elite Express Holding Inc. Investor Relations (949) 758-0650 [email protected] ELITE EXPRESS HOLDING INC. & SUBSIDIARYUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS For the Three Months Ended For the Nine Months Ended August 31, August 31, 2025 2024 2025 2024 (Successor) (Predecessor) (Successor) (Predecessor)REVENUE $633,865 $590,375 $1,956,258 $1,814,315 COST OF REVENUE Cost of service 56,974 54,602 176,984 141,665 Cost of labor 347,945 330,747 1,085,885 971,560 Depreciation and amortization 64,332 60,618 188,668 180,445 Fuel 94,654 102,614 304,600 318,477 Maintenance and repairs 63,143 71,583 207,709 216,647 Total cost of revenue 627,048 620,164 1,963,846 1,828,794 GROSS PROFIT (LOSS) 6,817 (29,789) (7,588) (14,479) OPERATING EXPENSES General and administrative expenses 151,600 39,280 576,981 108,299 Total operating expenses 151,600 39,280 576,981 108,299 LOSS FROM OPERATIONS (144,783) (69,069) (584,569) (122,778) OTHER INCOME (EXPENSE) Interest income (expense), net 2,248 (7,236) 2,248 (23,907)Other income (expense), net — (221) 21,285 2,964 Total other income (expense), net 2,248 (7,457) 23,533 (20,943) LOSS BEFORE INCOME TAX BENEFIT (142,535) (76,526) (561,036) (143,721) Income tax provision (benefit) 43,346 — (62,552) 800 NET LOSS $(185,881) $(76,526) $(498,484) $(144,521) Loss per common share - basic and diluted $(0.01) $— $(0.04) $— Weighted average shares - basic and diluted* 13,288,411 — 13,041,947 — ELITE EXPRESS HOLDING INC. & SUBSIDIARYCONDENSED CONSOLIDATED BALANCE SHEETS Successor Successor August 31, November 30, 2025 2024 (Unaudited) ASSETS CURRENT ASSETS: Cash and cash equivalents $13,553,137 $170,157Accounts receivable 55,440 56,485Prepaid D&O insurance 137,993 —Prepaid expenses and other current assets 62,765 113,260TOTAL CURRENT ASSETS 13,809,335 339,902 TOTAL ASSETS $15,192,022 $1,831,350 LIABILITIES AND STOCKHOLDERS’ EQUITY TOTAL CURRENT LIABILITIES 270,106 348,660 TOTAL LIABILITIES 312,652 455,358 TOTAL STOCKHOLDERS’ EQUITY 14,879,370 1,375,992 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $15,192,022 $1,831,350 ELITE EXPRESS HOLDING INC. & SUBSIDIARYUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS For the Nine Months Ended August 31, 2025 2024 (Successor) (Predecessor)Cash flows from operating activities: Net loss $(498,484) $(144,521)Net cash provided by (used in) operating activities (640,210) 157,921 Cash flows from investing activities: Net cash used in investing activities (79,908) — Cash flows from financing activities: Net cash provided by (used in) financing activities 14,103,098 (165,878) Net increase (decrease) in cash 13,382,980 (7,957)Cash, beginning of period 170,157 54,712 Cash, end of period $13,553,137 $46,755
	2025-10-14 10:21 1mo ago	2025-10-14 06:10 1mo ago	MSTX: An Aggressive Strategy & Bitcoin Bet	stocknewsapi	MSTX
Analyst’s Disclosure:I/we have a beneficial long position in the shares of BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
	2025-10-14 10:21 1mo ago	2025-10-14 06:13 1mo ago	Aclarion Provides Corporate Update Highlighting Market Expansion as CLARITY Trial Advances Toward Key Data Catalyst	stocknewsapi	ACON
Debt-free balance sheet with $13.3 million in cash as of today ($15.11 per share fully diluted), providing strategic flexibility for continued commercial growth Nociscan scan volumes increase +89% year-over-year with third consecutive quarter of record utilization across U.S., U.K., and E.U.
	2025-10-14 10:21 1mo ago	2025-10-14 06:15 1mo ago	Wrap Achieves Key Milestone in Counter-UAS Development with Successful MERLIN Stage One Testing Conducted by Wrap	stocknewsapi	WRAP
MIAMI, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety and unmanned aerial systems (“UAS”) solutions, today announced the successful completion of Stage One of Phase II testing for its modular aerial defense system, Project MERLIN-1. Led by Michael Brown, Vice President of Product at Wrap, testing was conducted at Wrap's new U.S. manufacturing and research headquarters in Norton, Virginia, and an off-site test range in Raleigh, North Carolina. Stage One tests focused on validating critical design specifications, including housing size, remote flight, fixed control deployments, initial recoil measurements, and payload integration on a live test range. "We believe the tests suggest that our MERLIN housing unit is reliable and reusable," said Mike Brown, Vice President of Product at Wrap. "With our successful Stage One tests, we believe Wrap is ready for Stage Two, fully remote flight and fully remote fire control testing." Phase II follows Wrap's successful proof-of-concept Phase I trials in August 2025, which demonstrated the viability of the Company's patented tethered entanglement technology as part of its surface-to-air program. Built on Wrap’s proven BolaWrap® tether technology, Project MERLIN maintains Wrap’s non-lethal technology and reinforces the Company's mission to expand into new UAS and CUAS markets. "The MERLIN platform represents the foundation of the next evolution of Wrap's technology portfolio," said Braden Frame, Chief Commercial Officer at Wrap. "As we continue development, our focus is on translating these early R&D engineering successes into commercially viable solutions and products for law enforcement, public safety, defense, and allied markets worldwide. We are committed to bringing solutions that are not only effective, but scalable and sustainable within our Made-In-America focused Virginia manufacturing hub." We believe these tests showcased the effectiveness and versatility of our technology, paving the way for the Project MERLIN initiative. The Project MERLIN initiative supports Wrap's broader strategy to extend its proven tether and cassette systems into new mission sets, including CUAS aerial defense and offense through non-lethal engagement, as well as future UAS public safety missions. With its Virginia facility serving as a central hub, we believe the Company is well-positioned to accelerate R&D and integration efforts, promoting future production and deployment readiness. About Wrap Technologies, Inc. Wrap Technologies, Inc. (Nasdaq: WRAP) a global leader in innovative public safety technologies and non-lethal tools, delivering cutting-edge technology with exceptional people to address the complex, modern day challenges facing public safety organizations. Wrap's complete public safety portfolio includes the non-lethal BolaWrap 150 device, WrapReality™ immersive training platform, WrapVision™ body-worn camera system, WrapTactics™ training programs, and next-generation CUAS solutions like PAN-DA and the 1KC Kinetic Anti-Drone Cassette, all of which supports the Company's mission to provide safer, scalable, and cost-effective technologies for public safety, defense, and critical infrastructure markets. Wrap’s BolaWrap® 150 solution leads in pre-escalation intended to provide law enforcement with a safer choice for nearly every phase of a critical incident. This innovative, patented device deploys a multi-sensory, cognitive disruption that leverages sight, sound and sensation to expand the pre-escalation period and gives officers the advantage and critical time to manage non-compliant subjects before resorting to higher-force options. The BolaWrap 150 is not pain-based compliance. It does not shoot, strike, shock, or incapacitate, instead, it helps officers strategically operate pre-escalation on the force continuum, reducing the risk of injury to both officers and subjects. Used by over 1,000 agencies across the U.S. and in 60 countries, BolaWrap® is backed by training certified by the International Association of Directors of Law Enforcement Standards and Training (IADLEST), reinforcing Wrap’s commitment to public safety through cutting-edge technology and expert training. Wrap Reality™ VR is a fully immersive training simulator to enhance decision-making under pressure. As a comprehensive public safety training platform, it provides first responders with realistic, interactive scenarios that reflect the evolving challenges of modern law enforcement. By offering a growing library of real-world situations, Wrap Reality™ is intended to equip officers with the skills and confidence to navigate high-stakes encounters effectively, which we believe leads to safer outcomes for both responders and the communities they serve. WrapVision is an all-new body-worn camera and evidence management system built for efficiency. Designed for efficiency, security, and transparency to meet the rigorous demands of modern law enforcement, WrapVision captures, stores, and helps manage digital evidence, ensuring operational security, regulatory compliance, and enhanced video picture quality and field of view. The WrapVision camera, powered by IONODES, boasts streamlined cloud integration and adheres to Trade Agreements Act (TAA) compliance requirements and GSA schedule contracts requirements. Crucially, unlike many competitor devices manufactured overseas in foreign, non-compliant, and possibly hostile regions, WrapVision is built right here in North America today, with a critical made-in-America roadmap by the end of 2025. This track helps ensure data integrity and helps eliminate critical concerns over unauthorized access or foreign surveillance risks. Trademark Information Wrap, the Wrap logo, BolaWrap®, Wrap Reality™ and Wrap Training Academy are trademarks of Wrap Technologies, Inc., some of which are registered in the U.S. and abroad. All other trade names used herein are either trademarks or registered trademarks of the respective holders. Cautionary Note on Forward-Looking Statements – Safe Harbor Statement This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “anticipate,” “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control and include, but are not limited to, statements relating to Wrap’s Project MERLIN-1 initiative and plans for commercialization, the results of Phase I testing, anticipated Phase II testing and expected outcomes therefrom and plans to expand into CUAS aerial defense and future UAS public safety missions. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company’s ability to maintain compliance with the Nasdaq Capital Market’s listing standards; the Company’s ability to successfully implement training programs for the use of its products; the Company’s ability to manufacture and produce products for its customers; the Company’s ability to develop sales for its products; the market acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company’s product solutions; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the impact resulting from geopolitical conflicts and any resulting sanctions; the ability to obtain export licenses for counties outside of the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competitive products and solutions; and the Company’s ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company’s most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other Securities and Exchange Commission filings. These forward-looking statements are made as of the date of this release and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations. Investor Relations Contact: (800) 583-2652 Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0746d06f-556a-4f41-ad0b-479f1e738815 https://www.globenewswire.com/NewsRoom/AttachmentNg/02fa4259-4831-463a-b309-db42f5dedca0 https://www.globenewswire.com/NewsRoom/AttachmentNg/a2336493-983c-4573-9502-d54dd9d00c84 https://www.globenewswire.com/NewsRoom/AttachmentNg/398f7874-26a4-4302-b284-a298fb9c4e36
	2025-10-14 10:21 1mo ago	2025-10-14 06:16 1mo ago	THG Plc (THGHY) Q3 2025 Sales Call Transcript	stocknewsapi	THGHY THGPF
THG Plc (OTCPK:THGHY) Q3 2025 Sales Call October 14, 2025 4:00 AM EDT Company Participants Matthew Moulding - CEO & Director Conference Call Participants John Stevenson - Peel Hunt LLP, Research Division Andrew Wade - Jefferies LLC, Research Division Lara Simpson - JPMorgan Chase & Co, Research Division Presentation Operator Good morning, and welcome to THG's Q3 2025 Trading Statement. We are joined today by THG's Chief Executive Officer, Matthew Moulding, and members of the executive team. [Operator Instructions] I would now like to hand the call over to Matthew Moulding. Please go ahead. Matthew Moulding CEO & Director Good morning, everyone, and thank you for joining us for THG's trading update for the third quarter of 2025. As we announced in the statement this morning, trading momentum has continued to improve with organic growth hitting its highest rate since COVID. THG Beauty and THG Nutrition are now both in growth with the group delivering revenue growth of 6.3% in the quarter, reflecting payback on the business model changes made throughout 2024 and earlier. Now looking at our businesses in more detail. In THG Beauty, a return to growth was supported by a strong advent calendar launch and solid momentum in U.K. retail, including double-digit revenue growth for Lookfantastic, demonstrating the strength of our online retail proposition. After a weaker start to the year, performance in the U.S. was much stronger with increasing loyalty through subscriptions and category growth outside of our core in prestige skincare. In THG Nutrition, Myprotein achieved revenue growth of plus 10% with growth in both online and offline channels. Social commerce and marketplace channels are delivering particularly well, and we're increasingly launching exclusive products on platforms such as TikTok, including the recently launched Myprotein and Jimmy's Iced Coffee Impact whey protein. These exclusives drive engagement Recommended For You
	2025-10-14 09:21 1mo ago	2025-10-14 04:31 1mo ago	XRP Bulls Crushed by 935% Liquidation Imbalance as Price Loses 7%	cryptonews	XRP
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. XRP traders just got hit with a brutal cleanout as, in the last four hours, $8.13 million in positions were liquidated and longs carried almost all of it - $7.34 million wiped against only $785,000 in shorts, according to CoinGlass. The ratio works out to 935%, one of the heaviest imbalances against bulls seen on a top-cap coin in this new week. It did not happen in one wick. The XRP price faded from above $2.60 to lows at $2.41 before settling around $2.44. Every push lower forced another batch of longs to exit, and the liquidation counter kept climbing. In the meantime, shorts barely moved, showing that sellers did not need much leverage to keep control. HOT Stories Source: CoinGlassAcross crypto, $241.6 million were liquidated in the same four-hour window. Ethereum accounted for $64 million, Bitcoin $60.9 million, Solana $13.8 million, Binance Coin $8.3 million. But the imbalance highlights how XRP’s positioning was far more aggressive than its counterparts, leaving bulls vulnerable to round two of cascading liquidations. XRP price right nowThe key level now is $2.50. It was support, now it is resistance. Bulls need it back or the chart opens up to $2.40 and below. Until that reclaiming happens, leverage remains tilted and upside runs into the same problem that just erased long positions almost ten to one. Traders looking for relief will be watching Bitcoin dominance for signs of a pivot, but as it stands, XRP's positioning is still heavy, and the imbalance leaves no margin for error.
	2025-10-14 09:21 1mo ago	2025-10-14 04:34 1mo ago	Dogecoin Corporate Alliance Targets Wall Street Through $50M Merger	cryptonews	DOGE
TLDR: Dogecoin Corporate Alliance via House of Doge to merge with Brag House, forming a NASDAQ-listed company backed by over $50 million. The deal builds a Dogecoin economy through partnerships with 21Shares, Robinhood, and CleanCore Solutions. Combined company will manage over 837 million Dogecoin, positioning it for institutional expansion. Dogecoin’s price drops 24% weekly as on-chain data shows short-term holders accumulating heavily. Dogecoin is inching closer to Wall Street. House of Doge, the commercial arm of the Dogecoin Foundation, is set to go public through a merger with Brag House Holdings. The deal, valued at over $50 million, signals a major push to formalize Dogecoin’s place in institutional finance. Both boards have approved the plan, with completion expected early next year. The move follows a surge in corporate partnerships and rising interest from Gen Z investors. House of Doge and Brag House Join Forces According to a joint blog post, Brag House will acquire House of Doge in a reverse takeover, making the DOGE entity the majority shareholder. The combined company will operate as a multi-revenue platform uniting payments, gaming, and tokenization services under one umbrella. The agreement includes a 20-year partnership with the Dogecoin Foundation, establishing what House of Doge describes as a “scalable and transparent Dogecoin economy.” The firm will oversee over 837 million DOGE within its framework, with assets spread between 21Shares and the Official Dogecoin Treasury. House of Doge’s partnerships with 21Shares, Robinhood, and CleanCore Solutions are expected to drive new yield products and regulated investment opportunities. CEO Marco Margiotta, who will lead the new entity, said the merger “opens access and unleashes the next wave of innovation and institutional participation for Dogecoin.” The merger positions Brag House as a key platform connecting crypto with Gen Z. CEO Lavell Juan Malloy II described it as “embedding Dogecoin into gaming, sports, and college communities to fuel mainstream adoption.” House of Doge has spent the past year building the institutional foundation for DOGE. Its ETP partnership with 21Shares has grown to roughly $26 million in assets under management, holding 107 million Dogecoin. Together, they also filed for a U.S. DOGE Spot ETF and a 2X Levered ETF, both under SEC review. Meanwhile, the Official DOGE Treasury, launched in September 2025 with CleanCore Solutions, manages over 730 million DOGE. It anchors House of Doge’s yield and payment products, forming the backbone of Dogecoin’s emerging financial ecosystem. Robinhood’s partnership adds a secure custody layer, allowing institutional investors to access Dogecoin-backed assets safely. Combined, these partnerships aim to bridge crypto markets with regulated finance. Dogecoin Price Action and On-Chain Trends Dogecoin’s price stood at $0.1979 on CoinGecko at press time, down 5.8% in 24 hours and 24% weekly. On-chain analyst Joao Wedson noted that short-term holders are accumulating Dogecoin, suggesting renewed speculative interest. Wedson explained that metrics such as the Hodl Waves and MVRV Z-Score show early-cycle accumulation without signs of market euphoria. This pattern has historically preceded rallies in both Dogecoin and Bitcoin. Dogecoin has not yet reached euphoria, and Short-Term Holders are accumulating. In December 2024, Doge reached its ATH for the current cycle exactly at the CVDD Alpha — our custom metric for cycle tops, based on Cumulative Value Days Destroyed, which is a highly accurate… pic.twitter.com/KCXhNoahxo — Joao Wedson (@joao_wedson) October 13, 2025 The merger, combined with growing on-chain accumulation, positions DOGE at an interesting point in its cycle. As institutional structures form and community demand rises, DOGE appears to be building its next chapter on public markets.
	2025-10-14 09:21 1mo ago	2025-10-14 04:36 1mo ago	Bitcoin and Ethereum ETFs Crash with $755M Outflow	cryptonews	BTC ETH
The crypto market just faced another storm. On Monday, Bitcoin and Ethereum exchange-traded funds (ETFs) saw a staggering $755 million in combined outflows, marking one of the biggest single-day pullbacks since ETFs began trading. The sell-off came right after a weekend that wiped more than $500 billion off global crypto valuations. Investors are clearly on edge, trimming positions and waiting for the next macro signal before diving back in. What Just Happened to Bitcoin and Ethereum ETFs?U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) just had one of their worst days ever. According to data from SoSoValue, over $755 million in combined outflows hit the market on Monday — the first trading day after a weekend of brutal liquidations that erased more than $500 billion from global crypto markets. The Ethereum Spot ETF chart from SoSoValue reveals a sharp daily net outflow of $428.52 million as of October 13, underscoring one of ETH’s worst institutional sentiment drops since its ETF debut. Despite holding a cumulative net inflow of $14.48 billion, the one-day red wave was dominated by BlackRock’s ETHA fund, which saw $310 million pulled out, followed by outflows from Grayscale, Fidelity, and Bitwise. No Ethereum ETF reported any inflows that day. The total traded value hit $2.82 billion, while total net assets stood at $28.75 billion, representing 5.56% of Ethereum’s total market cap. Interestingly, even as outflows surged, ETH ETFs posted strong daily price gains above 6%, hinting that market makers and arbitrage traders were likely repositioning after the massive weekend liquidation rather than abandoning Ethereum entirely. The Bitcoin Spot ETF dashboard paints a similar yet more moderate picture, recording $326.52 million in daily outflows on the same date, October 13. This marked a cautious withdrawal phase following extreme weekend volatility. Still, the cumulative story remains strong — Bitcoin ETF collectively hold $62.44 billion in net inflows, signaling resilient long-term confidence. Among issuers, BlackRock’s IBIT stood out with $60.36 million in fresh inflows, while Grayscale’s GBTC and Fidelity’s FBTC lost $145.39 million and $93.28 million, respectively. The total value traded reached $6.63 billion, with overall ETF net assets at $157.18 billion, accounting for 6.81% of Bitcoin’s market cap. While all major funds closed lower on the day, the data shows Bitcoin ETFs holding relatively stronger institutional backing compared to Ethereum, suggesting that risk-averse investors are trimming exposure selectively rather than exiting crypto altogether. Why Are Investors Pulling Out?Analysts say it’s not panic, but caution. Vincent Liu, CIO at Kronos Research, explained that Monday’s massive ETF withdrawals reflect “post-liquidation caution.” In other words, investors are waiting for the dust to settle after the weekend’s chaos. He added, “Investors are pausing, clearly waiting for clearer macro signals before putting more capital to work. Sentiment is driving activity more than fundamentals now.” The weekend crash was triggered by U.S. President Donald Trump’s confirmation that he would impose a 100% tariff on Chinese imports, sparking fears of a renewed trade war. That single announcement wiped 10% off crypto prices before Trump softened his tone, allowing a partial recovery. Is This the Start of a Bigger Trend?Probably not. Min Jung, a research associate at Presto Research, said the sharp outflows likely reflect short-term institutional risk management rather than a lasting bearish trend. “ETF flows should begin to stabilize as markets absorb the weekend’s volatility and broader macro uncertainty,” Jung said. Still, the market is on edge. China’s new statement that it is “ready to fight to the end” in the trade conflict has already sent another shockwave. As of Tuesday, Bitcoin dropped 2.54% to $112,283, and Ether fell 3.39% to $4,030, according to The Block. What Happens Next?The next few weeks will be all about macroeconomic signals — any move from the U.S. or China could swing sentiment overnight. Expect traders to stay cautious, with ETF flows likely to recover slowly rather than bounce immediately. Here’s the thing: what just happened wasn’t a collapse in belief — it was a moment of collective restraint. After one of the largest liquidations in crypto history, big money is simply catching its breath.
	2025-10-14 09:21 1mo ago	2025-10-14 04:39 1mo ago	MyNeighborAlice Coin Surges 51%: Is the ALICE Crypto Rally Real?	cryptonews	ALICE
Just three days ago, MyNeighborAlice Coin hit its all-time low of $0.2134. Today, it’s showing signs of life again, surging 51.41% in a single day and 36.06% over the past week. The market cap has jumped to $48.69 million, and 24-hour trading volume exploded 1,424% to $435 million, indicating that traders are piling back in. This sharp turnaround comes as the broader crypto market dipped 3.56%, making ALICE one of the day’s top performers. The rebound is tied to catalysts, including a major in-game airdrop, a new partnership with Pudgy Penguins NFTs. And renewed attention to the Play-to-Earn sector. These developments, coupled with technical breakouts, have flipped sentiment from despair to optimism almost overnight. If you are considering stacking some, then you need to check this analysis before making any moves. Open Interest on SurgeData from CoinGlass shows open interest in Alice Crypto futures spiking alongside spot price action. This suggests traders are actively positioning for short-term volatility rather than exiting after the surge. The jump in leveraged positions aligns with the 1,400% increase in trading volume, hinting that market participants expect continued upside. However, high open interest can also signal potential liquidation risk if momentum stalls. So while enthusiasm is clear, traders should watch for sharp corrections typical of post-breakout phases. Alice Crypto Price AnalysisTechnically, Alice Crypto price has broken above the $0.482 resistance, reclaiming its position above the 20-day and 30-day moving averages. The MACD has confirmed a bullish crossover, and the histogram turned positive at +0.0071, showing renewed upward strength. The RSI sits at 62, comfortably in the bullish zone but not yet overbought, suggesting room for another leg higher. If ALICE closes above the $0.552 resistance, it could target $0.777 next. On the downside, support sits around $0.36. Overall, the price structure suggests a sustainable recovery rather than a short-lived surge, especially given the strong liquidity and trading interest. FAQsWhy is MyNeighborAlice Coin rising? The rally is driven by a massive airdrop, new NFT partnerships, and a technical breakout that attracted heavy trading volumes. Is Alice Crypto a good buy now? Momentum looks positive, but traders should watch for pullbacks near $0.36 before considering entries. What’s the next target for Alice Crypto price? If ALICE holds above $0.55, the next key resistance lies near $0.77, marking a potential continuation of this recovery trend. Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors. Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices. Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
	2025-10-14 09:21 1mo ago	2025-10-14 04:40 1mo ago	Steak ‘n Shake abandons Ethereum payments following Bitcoin community outrage	cryptonews	BTC ETH
Steak ‘n Shake has canceled its plans to accept ETH payments for its burgers and shakes following backlash from Bitcoin Maximalists.

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