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OceanaGold Reports Mineral Reserves and Resources for the Year Ended 2025
Prnewswire· 2026-02-18 22:00
Core Viewpoint - OceanaGold Corporation reported its Mineral Reserves and Resources for the year ended December 31, 2025, highlighting significant changes in reserves and resources due to exploration efforts and higher gold prices, with a total of 5.83 million ounces of gold in reserves and 8.63 million ounces in measured and indicated resources [1][2][3]. Group 1: Mineral Reserves - Total Mineral Reserves decreased by 0.39 million ounces from the previous year, primarily due to depletion at Haile and a change in mining method at Ledbetter from open pit to underground, which improved overall asset NPV [1][2]. - The gold price assumption for reserves was increased to $2,200 per ounce, which allowed for new open pit phases at Macraes, extending its mine life to 2032 [1][2]. - The Haile mine is expected to produce an average of 210,000 ounces of gold per year from 2027 through 2031, providing a more sustainable production profile [1][3]. Group 2: Mineral Resources - Total Measured and Indicated Resources decreased by 0.31 million ounces from the prior year, mainly due to mining depletion and the change in mining method at Ledbetter [2][3]. - Inferred Resources increased by 0.3 million ounces, driven by additions at Wharekirauponga Underground and gold price-related open pit expansions at Macraes [2][3]. - The company plans to increase its exploration investment by 50%, with a budget of $60 million for 2026, reflecting its commitment to organic growth in reserves and resources [1][2]. Group 3: Operational Changes - The transition to underground mining at Ledbetter is expected to reduce waste movement and greenhouse gas emissions while improving the NPV of the Haile asset [1][3]. - Updated technical reports for Haile and Macraes will be filed by the end of March 2026, including life-of-mine plans and capital cost estimates based on Mineral Reserves only [1][2]. - The construction of the LUG portal at Haile is scheduled to commence in 2028, with first development ore expected in 2029 and steady-state production anticipated in 2030 [1][3].
The New England Journal of Medicine Publishes Results from Phase 1/2 MARINA® Trial of Delpacibart Etedesiran (del-desiran) for Treatment of Myotonic Dystrophy Type 1
Prnewswire· 2026-02-18 22:00
Core Insights - The Phase 1/2 MARINA trial results for delpacibart etedesiran (del-desiran) indicate a significant reduction in DMPK mRNA levels and improvements in various clinical measures for myotonic dystrophy type 1 (DM1) patients [1][2] Group 1: Trial Results - Del-desiran achieved approximately 40% mean reduction in DMPK mRNA levels in muscle tissue [1] - Improvements were noted in myotonia, muscle function, strength, mobility, and patient-reported outcomes [1][2] - The trial involved 38 participants, with a randomized 3:1 allocation to del-desiran doses of 1 mg/kg, 2 mg/kg, or 4 mg/kg, or placebo [1] Group 2: Safety and Tolerability - Del-desiran demonstrated an acceptable safety profile, with most adverse events classified as mild or moderate [1] - The primary endpoint of the study focused on evaluating the safety and tolerability of del-desiran [2] Group 3: Future Developments - Avidity Biosciences is advancing the Phase 3 HARBOR study, which aims to be the first globally approved drug for DM1 [1] - The HARBOR trial is designed to assess del-desiran in approximately 150 participants aged 16 and older, with a primary endpoint of video hand opening time (vHOT) [1][2] - Enrollment for the HARBOR trial was completed in July 2025, with topline data expected in the second half of 2026 [1]
OST Investor Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Ostin Technology Group Co., Ltd.
Prnewswire· 2026-02-18 21:47
Core Viewpoint - A class action lawsuit has been filed against Ostin Technology Group Co., Ltd. (NASDAQ: OST) for allegedly engaging in a pump-and-dump scheme that defrauded investors, resulting in significant financial losses [1]. Allegations - The lawsuit alleges that from April 2025, OST's co-CEO Lai Kui Sen and co-conspirators orchestrated a fraudulent sequence of securities offerings, placing the majority of OST shares in the hands of at least fifteen co-conspirators for minimal or no cost [1]. - The U.S. Department of Justice unsealed a criminal indictment on September 12, 2025, charging Lai Kui Sen and financial advisor Yan Zhao with conspiracy to commit securities fraud and wire fraud, with the scheme netting over $110 million in illicit proceeds [1]. - The fraudulent promotional campaign inflated OST's market capitalization from approximately $22 million (stock price of $0.78 on April 14, 2025) to over $1 billion (peak stock price of $9.40 on June 26, 2025) [1]. Financial Impact - On June 26, 2025, OST investors faced devastating losses, with over $950 million (more than 94%) of OST's market capitalization wiped out in a single day as the stock price plummeted from an intraday high of $9.40 to a closing price of $0.55 [1].
PYPL Stockholder Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against PayPal Holdings, Inc.
Prnewswire· 2026-02-18 21:45
Core Viewpoint - A class action lawsuit has been filed against PayPal Holdings, Inc. for allegedly misleading investors about its Branded Checkout offerings and growth projections [1] Group 1: Allegations and Lawsuit Details - The lawsuit claims that PayPal misrepresented its revenue outlook and growth potential while downplaying risks associated with seasonality and macroeconomic factors [1] - The complaint indicates that the growth targets set for 2027 were unrealistic and not achievable under the leadership of former CEO Chriss [1] - Following the release of disappointing financial results on February 3, 2026, PayPal's stock price dropped from $52.33 to $41.70, a decline of approximately 20.31% in one day [1] Group 2: Company Leadership Changes - The announcement of disappointing financial results coincided with the news that Enrique Lores would replace Chriss as President and CEO, effective March 1, 2026 [1] Group 3: Class Action Participation - Shareholders who purchased PayPal securities between February 25, 2025, and February 2, 2026, may be eligible to participate in the class action [1] - Interested shareholders can contact Robbins LLP to serve as lead plaintiff or remain as absent class members without participating in the case [1]
ENPH Stockholder Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Enphase Energy, Inc.
Prnewswire· 2026-02-18 21:43
ENPH Stockholder Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Enphase Energy, Inc. [Accessibility Statement] Skip NavigationSAN DIEGO, Feb. 18, 2026 /PRNewswire/ -- [Robbins LLP] reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Enphase Energy, Inc. (NASDAQ: ENPH) securities between April 22, 2025 and October 28, 2025. Enphase is a global energy technology company focusing on solutions for ...
RGNX Stockholder Alert: Robbins LLP Remind Investors of the Class Action Lawsuit Against REGENXBIO, Inc.
Prnewswire· 2026-02-18 21:43
RGNX Stockholder Alert: Robbins LLP Remind Investors of the Class Action Lawsuit Against REGENXBIO, Inc. [Accessibility Statement] Skip NavigationSAN DIEGO, Feb. 18, 2026 /PRNewswire/ -- [Robbins LLP] reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired REGENXBIO, Inc. (NASDAQ: RGNX) securities between February 9, 2022 and January 27, 2026. REGENXBIO is a clinical-stage biotechnology company providing gene therapies that deliver functional genes t ...
AMERICAN WATER REPORTS STRONG 2025 RESULTS; AFFIRMS 2026 EPS GUIDANCE AND LONG-TERM TARGETS
Prnewswire· 2026-02-18 21:35
Core Viewpoint - American Water Works Company reported strong financial results for 2025, achieving adjusted earnings per share (EPS) of $5.64, a significant increase from $5.18 in 2024, and affirmed its 2026 EPS guidance range of $6.02 to $6.12, highlighting the benefits of its pending merger with Essential Utilities [1][2][3] Financial Performance - 2025 GAAP earnings were $5.69 per share, compared to $5.39 per share in 2024, with fourth quarter 2025 GAAP earnings remaining stable at $1.22 per share [1] - Adjusted earnings for the fourth quarter of 2025 were $1.24 per share, up from $1.15 per share in 2024, reflecting an overall increase in adjusted earnings for the year [1][2] - The company invested $3.2 billion in regulated operations in 2025, focusing on infrastructure improvements and completing 18 acquisitions across seven states [1][2] Revenue and Expenses - Operating revenues increased by $61 million and $427 million for the fourth quarter and full year 2025, respectively, primarily due to authorized revenue increases from completed rate cases and infrastructure proceedings [2] - Operating expenses rose by $36 million and $260 million for the fourth quarter and full year 2025, respectively, driven by higher employee-related costs and increased production costs [2][3] Merger and Future Guidance - The merger with Essential Utilities was overwhelmingly approved by shareholders, which is expected to enhance scale and growth potential for both companies [1] - The company affirmed its long-term financial targets, including an EPS and dividend growth rate target of 7-9% [1][2] Dividends - A quarterly cash dividend of $0.8275 per share was declared, payable on March 3, 2026, to shareholders of record as of February 10, 2026 [2]
REMAX Advances Global Growth Strategy with Promotion of Chris Lim to President, Welcomes Two New Strategic Sales Leaders
Prnewswire· 2026-02-18 21:35
Core Insights - REMAX has promoted Chris Lim to President while retaining his role as Chief Growth Officer, signaling a commitment to global expansion and innovation [1] - The company has also welcomed Pierre Montagna as Vice President of Global Sales and Lisa Sennstrom as Director of Global Sales to enhance its franchise development efforts [1] Leadership Changes - Chris Lim's promotion reflects his successful track record in driving international growth and supporting Broker/Owners and agents [1] - Lim has been instrumental in expanding the network into six additional countries and achieving an all-time high in global agent count [1] - Montagna brings expertise in brand scaling and fluency in five languages, while Sennstrom has 16 years of experience in real estate sales and operations [1] Strategic Goals - The leadership changes are part of a broader strategy to accelerate global expansion and strengthen affiliate support [1] - The company aims to enhance its competitive position and drive long-term growth through these strategic appointments [1] - REMAX currently has over 145,000 agents in more than 8,500 offices across over 120 countries and territories [1]
Johnson Controls signs agreement to acquire Alloy Enterprises, strengthening data center thermal management leadership
Prnewswire· 2026-02-18 21:30
Core Insights - Johnson Controls has signed an agreement to acquire Alloy Enterprises, enhancing its capabilities in the data center thermal management segment, which is rapidly growing [1] - The acquisition aligns with Johnson Controls' strategy to innovate cooling solutions and support the AI-based economy [1] Company Overview - Johnson Controls is a global leader in energy efficiency, decarbonization, thermal management, and mission-critical performance [2] - Alloy Enterprises specializes in advanced thermal management technologies for high-performance data centers and industrial applications [1] Acquisition Details - Alloy Enterprises, founded in 2020, offers a proprietary platform that improves thermal management efficiency by up to 35% and reduces pressure drop by up to 75% [1] - The acquisition is expected to be completed in fiscal Q3, pending regulatory approvals, with financial terms undisclosed [1] Technology and Innovation - Alloy's technology includes advanced direct liquid cooling components that enhance cooling efficiency for GPUs, CPUs, and other critical components [1] - Johnson Controls' existing cooling technologies include the YDAM magnetic bearing chiller, YK-HT two-stage economized centrifugal chiller, and Silent-Aire Coolant Distribution Unit [1] Strategic Goals - The acquisition aims to optimize the thermal management architecture of data centers and strengthen Johnson Controls' technology capabilities across its portfolio [1] - Johnson Controls intends to set new standards in cooling efficiency and capacity, helping customers accelerate their time to market with integrated technologies [1]
Truist announces redemption of senior notes due March 2027
Prnewswire· 2026-02-18 21:30
Core Viewpoint - Truist Financial Corporation announced the redemption of all $1,250,000,000 principal amount of its fixed-to-floating rate senior notes due March 2, 2027, on the redemption date of March 2, 2026, at 100% of the principal amount plus accrued interest [1]. Group 1: Redemption Details - The redemption price for the senior notes will be equal to 100% of the principal amount plus accrued and unpaid interest up to the redemption date [1]. - Interest on the senior notes will cease to accrue on and after the redemption date [1]. - Payment of the redemption price will be made through The Depository Trust Company [1]. Group 2: Company Overview - Truist Financial Corporation is a purpose-driven financial services company headquartered in Charlotte, North Carolina, with total assets of $548 billion as of December 31, 2025 [1]. - The company has a leading market share in many high-growth markets in the U.S. and offers a wide range of products and services, including consumer and small business banking, commercial and corporate banking, investment banking, capital markets, wealth management, payments, and specialized lending [1]. - Truist is recognized as a top-10 commercial bank in the United States [1].