PHILADELPHIA, Jan. 29, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against Customers Bancorp, Inc. (“Customers Bancorp” or the “Company”) (NYSE: CUBI). The lawsuit has been filed on behalf of purchasers of CUSTOMERS BANCORP securities between March 1, 2024 and August 8, 2024, inclusive (the “Class Period”). CLICK HERE TO LEARN MORE ABOUT THIS LAWSUIT. Investors who purchased or acquired CUSTOMERS BANCORP securities during the Class Period may, no later than JANUARY 31, 2025, se ...

Packaging Corporation of America (NYSE:PKG) Q4 2024 Earnings Conference Call January 29, 2025 9:00 AM ET Company Participants Mark Kowlzan - Chairman and Chief Executive Officer Thomas Hassfurther - Executive Vice President, Corrugated Products Robert Mundy - Executive Vice President and Chief Financial Officer Conference Call Participants George Staphos - Bank of America Securities Mike Roxland - Truist Securities Gabe Hajde - Wells Fargo Mark Weintraub - Seaport Research Partners Anthony Pettinari - Citi ...

Lawsuit Details - A securities fraud lawsuit has been filed against FTAI Aviation Ltd and certain executives, alleging misleading financial practices [1] - The lawsuit claims FTAI misclassified one-time engine sales as recurring maintenance revenue, inflating financial results [2] - FTAI is also accused of manipulating depreciation practices to reduce reported costs and boost earnings [2] Company Response - FTAI's audit committee is reviewing the allegations, raising investor concerns about financial reporting accuracy [3] - Following these developments, FTAI's stock price fell over 25% on January 21, 2025 [3] Investor Eligibility - Investors who purchased FTAI common stock between July 23, 2024 and January 15, 2025 and experienced losses may be eligible for the lawsuit [4] - Eligibility applies whether or not investors have sold their shares [4] Legal Actions - The deadline to seek appointment as lead plaintiff is March 18, 2025 [5] - A class has not yet been certified, and investors are not represented by an attorney until certification occurs [5] Whistleblower Information - Individuals with non-public information about FTAI may assist in the investigation or file a report with the SEC [6] - Whistleblowers providing original information to the SEC may receive rewards of up to 30% of any successful recovery [6]

These days, nothing is certain about the tech market or the world at large. Even NVIDIA’s seemingly bulletproof stock took a hammering on Monday, enduring a $589 billion market cap decline after China-based DeepSeek raised questions for investors about more efficient AI models.But Apple’s stock has remained steady ahead of its first quarter earnings report, which is set for after Thursday’s closing bell. Though it took a slight hit as DeepSeek became the talk of the tech world, Apple’s shares almost immedia ...

My last coverage on Palantir (NASDAQ: PLTR ) assessed technicals with a target of $89 (optimistic), RPO growth, and a surge in billings. Since then, the stock has outperformed the market (3.1% vs. -0.6% for theYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc ...

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A person walks by The Spheres at the Amazon.com Inc. headquarters on November 14, 2022 in Seattle, Washington.Amazon is laying off some employees in its communications and sustainability units, an executive overseeing the divisions announced internally on Wednesday.In a note to staffers viewed by CNBC, Drew Herdener, Amazon's head of public relations, wrote that the company is eliminating some jobs in those groups as part of a wider review into the "current org design" of the divisions."As we examined our c ...

Key TakeawaysStarbucks stock jumped Wednesday when the company reported fiscal first-quarter results after Tuesday's bell.Same-store sales declined less than analysts expected in the period, a sign that new Chief Executive Officer Brian Niccol's "Back to Starbucks" turnaround plan could be off to a promising start.Chief Financial Officer Rachel Ruggeri said that year-over-year earnings pressure could "intensify" in the company's current quarter, before improving in the second half of fiscal 2025. Starbucks ...

LOS ANGELES, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today announced that its Element 82 division has secured a key role in Pittsburgh Water’s lead pipe replacement initiative through its exclusive service partnership with Electro Scan Inc. Element 82 will deploy Electro Scan’s SWORDFISH technology to inspect all water service lin ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...