Eni SpA (E) , the Italian energy giant, has signed an agreement with Egypt and Cyprus for the development and export of gas from Cyprus’ Block 6 through Egypt’s existing infrastructure. The deal, signed in Cairo on Feb. 17, marks a significant step toward establishing an Eastern Mediterranean gas hub.The agreement, signed by Egypt’s minister of Petroleum Karim Badawi, Cyprus’ minister of Energy George Papanastasiou, Eni CEO Claudio Descalzi, and TotalEnergies, outlined a framework for the rapid development ...

Core Viewpoint - A class action securities lawsuit has been filed against Block, Inc. alleging securities fraud that affected investors between February 26, 2020, and April 30, 2024 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Block engaged in significant compliance lapses at its Square and Cash App platforms, failing to conduct due diligence on customer identities and transactions [2]. - It is alleged that Block created an environment that facilitated illegal activities, including money laundering, child sexual abuse, and drug trafficking, by imposing minimal obligations on customers [2]. - The complaint states that Block allowed customers to withdraw funds from flagged accounts and open multiple accounts using fake identities, further enabling illicit activities [2]. - Block's senior leadership reportedly ignored numerous red flags and internal reports regarding compliance deficiencies, leading to inflated user metrics through fake accounts [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until March 18, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating no financial obligation to participate in the lawsuit [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4].

NEW YORK, Feb. 17, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Block, Inc. (NYSE: SQ, XYZ) between February 26, 2020 and April 30, 2024, both dates inclusive (the “Class Period”), of the important March 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased Block Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee a ...

Core Insights - Block (XYZ) is expected to report quarterly earnings of $0.83 per share, reflecting an 84.4% increase year-over-year, with revenues projected at $6.23 billion, an 8% increase from the previous year [1] - The consensus EPS estimate has been revised down by 1.3% in the last 30 days, indicating a reassessment by analysts [1][2] Revenue Estimates - Analysts estimate 'Revenue- Hardware' at $32.01 million, a decrease of 1.4% from the prior year [4] - 'Revenue- Subscription and services-based' is projected to reach $1.87 billion, marking a 15.1% increase year-over-year [4] - 'Revenue- Transaction-based' is expected to be $1.68 billion, reflecting a 5.2% increase from the previous year [4] - The consensus for 'Revenue- Bitcoin' stands at $2.65 billion, indicating a 5% increase year-over-year [5] - 'Revenue- Square- Total' is forecasted at $1.98 billion, representing a 9.1% increase from the prior year [5] - 'Revenue- Square- Hardware' is expected to be $32.55 million, a slight increase of 0.3% year-over-year [5] - 'Revenue- Corporate and Other- Total' is estimated at $49.53 million, a decrease of 0.3% from the previous year [6] - 'Revenue- Square- Subscription and services-based' is projected to reach $340.13 million, a 16% increase year-over-year [6] - 'Revenue- Square- Transaction-based' is estimated at $1.60 billion, reflecting a 7.8% increase from the prior year [7] - 'Revenue- Cash App- Bitcoin' is forecasted at $2.51 billion, a decrease of 0.4% from the previous year [7] - 'Revenue- Cash App- Transaction-based' is expected to be $75.39 million, indicating a significant decrease of 30.8% year-over-year [7] Gross Payment Volume - Analysts predict 'Gross Payment Volume (GPV)' to reach $61.42 billion, an increase from $57.49 billion reported in the same quarter last year [8] Stock Performance - Over the past month, Block shares have recorded a return of -2.4%, compared to a +4.9% change in the Zacks S&P 500 composite [8]

NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Block, Inc. ("Block" or the "Company") (NYSE: XYZ) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Block investors who were adversely affected by alleged securities fraud between February 26, 2020 and April 30, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/block-inc-lawsuit-submission-form-2?prid=129 ...

NEW YORK, Feb. 13, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Block, Inc. (NYSE: SQ, XYZ) between February 26, 2020 and April 30, 2024, both dates inclusive (the "Class Period"), of the important March 18, 2025 lead plaintiff deadline.So what: If you purchased Block Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangem ...

NEW YORK, Feb. 13, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Block, Inc. (NYSE: XYZ).Shareholders who purchased shares of XYZ during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/block-inc-loss-submission-form/?id=128943&from=4CLASS PERIOD: February 26, 2020 to April 30, 2024 ...

For Immediate ReleasesChicago, IL – February 12, 2025 – Zacks.com announces the list of stocks and ETFs featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include like Block, Inc. (XYZ) , Coinbase Global, Inc. (COIN) and V2X, Inc. (VVX) .Here are highlights from Wednesday’s Analyst Blog:3 Service Firms Poised to Beat Estimates in Q4Reflecting on the fourth quarter of 20 ...

NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Block, Inc. ("Block" or the "Company") (NYSE: XYZ) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Block investors who were adversely affected by alleged securities fraud between February 26, 2020 and April 30, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/block-inc-lawsuit-submission-form-2?prid=128 ...

I've been managing my own as well as family members' portfolios for several years now. I love the investing process, getting to learn about a variety of new and interesting companies, learning about investing psychology, and all the myriad things that contribute to successful (and from time to time, not so successful) investing outcomes. A big component of my investing philosophy is to try to have my errors be largely skewed towards errors of omission rather than errors of commission, as the former are much ...