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INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Apple Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - AAPL

Lastest from Businesswire - 2 hours 4 min ago
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Apple business and prospects, resulting in its stock trading at inflated prices.

OLX Group Reports Strong FY 2025 Results With 18% Revenue Growth and 61% Profit Uplift Year-on-Year

Lastest from Businesswire - 2 hours 4 min ago
AMSTERDAM--(BUSINESS WIRE)--OLX Group (“OLX”), a global online classifieds leader and subsidiary of Prosus N.V., has reported strong financial results in the fiscal year 20251. The company generated revenues of US$7772 million, an 18% year-on-year increase. Adjusted EBIT3 (aEBIT) amounted to US$2702 million, representing an increase of 61% (in local currency) over the prior year, while aEBIT margin was 35%, a significant expansion from 25% in FY24. The strong performance was primarily driven by

Ares Management Acquires Minority Stake in Plenitude for €2 Billion

Lastest from Businesswire - 5 hours 4 min ago
LONDON & MILAN--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that Ares Alternative Credit funds (“Ares Alternative Credit”) have entered into a definitive agreement for the acquisition of a 20% stake in Plenitude, a leader in energy transition controlled by Eni, for approximately €2 billion. The consideration implies an enterprise value for Plenitude of over €12 billion. Completion of the transaction is subj

News Corp Extends Contract with Chief Executive Robert Thomson

Lastest from Businesswire - Sun, 06/22/2025 - 17:52
NEW YORK--(BUSINESS WIRE)--News Corp (NASDAQ: NWS, NWSA; ASX: NWS; NWSLV) announced today the extension of Robert Thomson’s contract, which will see him continue as Chief Executive through June 2030. The extension is a recognition of Mr. Thomson’s exceptional track record of transformational leadership, value creation and effective advocacy for journalism and intellectual property protection. Since Mr. Thomson’s appointment as Chief Executive in 2013, News Corp has undergone significant transfo

ZEO Investors Have Opportunity to Join Zeo Energy Corp. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Sun, 06/22/2025 - 14:52
LOS ANGELES--(BUSINESS WIRE)---- $ZEO--ZEO Investors Have Opportunity to Join Zeo Energy Corp. Fraud Investigation with the Schall Law Firm

QIPT Investors Have Opportunity to Join Quipt Home Medical Corp. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Sun, 06/22/2025 - 14:52
LOS ANGELES--(BUSINESS WIRE)---- $QIPT--QIPT Investors Have Opportunity to Join Quipt Home Medical Corp. Fraud Investigation with the Schall Law Firm

WOOF Investors Have Opportunity to Join Petco Health and Wellness Company, Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Sun, 06/22/2025 - 14:52
LOS ANGELES--(BUSINESS WIRE)---- $WOOF--WOOF Investors Have Opportunity to Join Petco Health and Wellness Company, Inc. Fraud Investigation with the Schall Law Firm

NPCE Investors Have Opportunity to Join NeuroPace, Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Sun, 06/22/2025 - 14:52
LOS ANGELES--(BUSINESS WIRE)---- $NPCE--NPCE Investors Have Opportunity to Join NeuroPace, Inc. Fraud Investigation with the Schall Law Firm

WhiteHawk Completes Tender Offer for Acquisition of PHX

Lastest from Businesswire - Sat, 06/21/2025 - 08:52
PHILADELPHIA--(BUSINESS WIRE)--WhiteHawk Income Corporation (together with WhiteHawk Energy, LLC and their respective subsidiaries, “WhiteHawk” or the “Company”) announced that a majority of the outstanding shares of common stock, par value $0.01666 per share (the “Shares”), of PHX Minerals Inc. (“PHX”) (NYSE: PHX) were validly tendered and the other conditions to the tender offer have been satisfied. WhiteHawk anticipates the acquisition of PHX will be consummated by WhiteHawk in accordance wi

EMEREN GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Emeren Group Ltd. - SOL

Lastest from Businesswire - Fri, 06/20/2025 - 20:52
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Emeren Group Ltd. (NYSE: SOL) to Shurya Vitra Ltd. Under the terms of the proposed transaction, shareholders of Emeren Group will receive $0.20 in cash per ordinary share or $2.00 in cash per American Depositary Share. KSF is seeking to determine whether this consideration and the process that led t

COUCHBASE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Couchbase, Inc. - BASE

Lastest from Businesswire - Fri, 06/20/2025 - 20:52
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Couchbase, Inc. (NasdaqGS: BASE) to Haveli Investments. Under the terms of the proposed transaction, shareholders of Couchbase will receive $24.50 in cash for each share of Couchbase that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or

Nissan Motor Acceptance Company Submits Application to Form Nissan Bank U.S., LLC

Lastest from Businesswire - Fri, 06/20/2025 - 17:52
FRANKLIN, Tenn.--(BUSINESS WIRE)--Nissan Motor Acceptance Company (NMAC), the financial services arm of Nissan North America, has submitted an application to the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions to form Nissan Bank U.S., LLC, an industrial bank headquartered in Salt Lake City, Utah. The proposed Bank will focus on commercial financing for dealerships—enhancing the services currently provided by NMAC while enabling greater efficiency,

AZEK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AZEK Company Inc. - AZEK

Lastest from Businesswire - Fri, 06/20/2025 - 17:52
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of AZEK Company Inc. (NYSE: AZEK) to James Hardie Industries plc (NYSE: JHX). Under the terms of the proposed transaction, shareholders of AZEK will receive $26.45 in cash and 1.0340 ordinary shares of James Hardie for each share of AZEK that they own. KSF is seeking to determine whether this considera

GrabAGun Announces Effectiveness of Registration Statement in Connection with Proposed Business Combination with Colombier II

Lastest from Businesswire - Fri, 06/20/2025 - 17:52
COPPELL, Texas & PALM BEACH, Fla.--(BUSINESS WIRE)--GrabAGun Announces Effectiveness of Registration Statement in Connection with Proposed Business Combination with Colombier II

FARO TECHNOLOGIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of FARO Technologies, Inc. - FARO

Lastest from Businesswire - Fri, 06/20/2025 - 17:52
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of FARO Technologies, Inc. (NasdaqGS: FARO) to AMETEK, Inc. (NYSE: AME). Under the terms of the proposed transaction, shareholders of FARO will receive $44.00 in cash for each share of FARO that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate

Ex-Blackstone Investor Raises $7M for Meridian, Private Equity’s New AI Operating System

Lastest from Businesswire - Fri, 06/20/2025 - 17:52
NEW YORK--(BUSINESS WIRE)--Meridian raises $7M Series Seed for AI-powered deal management platform serving top private equity firms, led by 645 Ventures.

Ralph Lauren Announces Updates to Board of Directors

Lastest from Businesswire - Fri, 06/20/2025 - 17:52
NEW YORK--(BUSINESS WIRE)--RALPH LAUREN ANNOUNCES UPDATES TO BOARD OF DIRECTORS

BLUEPRINT MEDICINES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Blueprint Medicines Corporation - BPMC

Lastest from Businesswire - Fri, 06/20/2025 - 17:52
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Blueprint Medicines Corporation (NasdaqGS: BPMC) to Sanofi (NasdaqGS: SNY). Under the terms of the proposed transaction, shareholders of Blueprint will receive $129.00 per share in cash at closing, and also will receive one non-tradeable contingent value right (CVR) entitling the holder to receive t

Certain Morgan Stanley Closed-End Funds Declare Quarterly Dividends

Lastest from Businesswire - Fri, 06/20/2025 - 17:52
NEW YORK--(BUSINESS WIRE)--Each of the Morgan Stanley closed-end funds listed below (the “Funds”) today declared the following dividends. RECORD DATE PAYABLE DATE 6/30/25 7/15/25 Name of Closed-End Fund NYSE Ticker Net Investment Income Per Share Morgan Stanley Emerging Markets Debt Fund, Inc. MSD $0.19 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. EDD $0.12 The amount of net investment income to be paid by the Funds is determined in accordance with federal income tax regulations. It

AM Best Affirms Credit Ratings of Prism Assurance, Ltd.

Lastest from Businesswire - Fri, 06/20/2025 - 17:52
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Prism Assurance, Ltd. (Prism) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Prism’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The stable outlook

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