Financial & Business News
LATEST INVESTING HEADLINES
LOS ANGELES, CA / ACCESS Newswire / January 17, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Pacira BioSciences, Inc. ("Pacira" or "the Company") (NASDAQ:PCRX) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 2, 2023 to August 8, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before March 14, 2025.
I focus on preferred shares of Summit Hotel Properties, which offer a senior position in the capital stack and cumulative dividends, despite market volatility. Summit Hotel Properties reported strong FFO and AFFO, comfortably covering its preferred dividend commitments, with only 12% of AFFO needed for preferred dividends. The REIT's balance sheet is robust, with $2.84B in assets and $1.32B in equity, although the preferred equity ratio is lower than ideal.
LOS ANGELES, CA / ACCESS Newswire / January 17, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against ASP Isotopes Inc. ("ASP Isotopes" or "the Company") (NASDAQ:ASPI) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between October 30, 2024 and November 26, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 3, 2025.
Symbotic is set to buy WMT's Advanced Systems and Robotics business, a move to enhance Walmart's Accelerated Pickup and Delivery capabilities at its stores.
IBM is set to expand Oracle consulting expertise with the Applications Software Technology buyout.
Atara stock plunges 41% upon the FDA issuance of a CRL against its BLA for Ebvallo to treat EBV+ PTLD. The company is also facing a severe cash crunch.
LiveOne surpasses 500K Tesla users. Also, it announces more than $10 million in cash savings, with plans to reinvest in strategic growth and expansion initiatives.
Private Bancorp of America, Inc. (PBAM) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.60 per share. This compares to earnings of $1.36 per share a year ago.
Apple (AAPL) shares will be in focus on Friday after recording their largest one-day drop since early August yesterday following news that the tech giant lost its coveted position as China's largest smartphone seller last year.
Orange S.A. remains a "BUY" due to its strong operational performance, undervaluation, and significant growth potential in key markets like Africa and the Middle East. Despite market skepticism, ORANY's fundamentals, including a 7.1% yield and low payout ratio, make it a compelling investment with a potential 24% annualized return. The company's diversified revenue streams and strategic investments in growth markets ensure resilience and sustained performance, even amid market fluctuations.