BOSTON, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Block & Leviton reminds investors that a securities fraud lawsuit has been filed against CarMax, Inc. (NYSE: KMX) and certain of its executives. Investors who have lost money in their CarMax, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/kmx. What is this all about? Shares of CarMax fell more than 10% in pre-market trading on November 6, 2025, after the company ...

Core Insights - Jacobs Solutions Inc. reported stronger-than-expected fiscal fourth-quarter earnings with adjusted EPS of $1.75, exceeding the analyst forecast of $1.67 [1] - The company generated revenue of $3.2 billion for the quarter, surpassing consensus expectations of $3.15 billion, marking a 6.6% year-over-year increase [1] - Jacobs' backlog reached a record $23.1 billion, up 5.6% from the prior year, supported by a book-to-bill ratio of 1.1x [2] Financial Performance - Adjusted net revenue rose 5.8% to $2.2 billion [1] - Adjusted EPS increased 27.7% year over year, while adjusted EBITDA rose 12% to $324 million [2] - GAAP earnings were impacted by mark-to-market adjustments related to the company's former holdings in Amentum [2] Future Projections - For fiscal 2026, Jacobs projected adjusted EPS between $6.90 and $7.30, representing 16% growth at the midpoint compared to fiscal 2025 [3] - The midpoint of $7.10 was slightly above the analyst consensus of $7.01 [3] - The company anticipates adjusted net revenue growth of 6% to 10% for the year [3]

Core Insights - Cracker Barrel shareholders voted to oust board member Gilbert Dávila due to a branding crisis that resulted in a significant loss of company value, while CEO Julie Felss Masino retained her position [1][4][16] Group 1: Branding Crisis - The crisis was triggered by Masino's decision to replace the iconic "Old Timer" logo, leading to a political backlash and alienation of core diners, which caused a decline in traffic and share prices [1][6][8] - Following the rebranding, Cracker Barrel experienced an 8% drop in traffic and a nearly 10% decline in shares on a single day, with overall shares tumbling more than 50% from mid-August highs [8][9] - The company lost market share among its core Republican diner base, falling from the fastest-growing breakfast brand to last place [9] Group 2: Shareholder Actions - Activist investor Sardar Biglari criticized both Masino and Dávila for the rebranding and alleged years of mismanagement, leading to a proxy battle [2][13] - Advisory firms ISS and Glass Lewis recommended voting against Dávila, citing failures in board oversight related to the rebranding [16] - Dávila's removal from the board reduced its size to nine directors, leaving Masino in full control of the recovery efforts [5][16] Group 3: Company Response - Masino defended the new logo as a practical upgrade for highway visibility and acknowledged the misstep during a September earnings call, promising to embrace the brand's nostalgia [5][13] - Despite the backlash, Masino's leadership was spared in the shareholder vote, indicating a divided opinion among shareholders regarding the company's direction [4][16]

Question-and-Answer SessionAbsolutely. All right. So maybe, Vipin, you can start with some elevated pitch and then to see what's the state of the union for Altimmune today?Vipin GargPresident, CEO & Director Yes. So we are developing -- as you know, we are developing a glucagon GLP-1 dual receptor agonist for MASH, for liver diseases, MASH, AUD and ALD, it's a rationally designed molecule with 1:1 ratio of GLP-1 and glucagon. And we think that's very important really in order to drive the glucagon function, ...

Nvidia's earnings triumph turned into a market disaster in real time on Thursday. The chipmaker crushed expectations late Wednesday with $57 billion in quarterly revenue and a stellar Q4 guidance of $... ...

Core Insights - Valvoline Inc. reported fourth-quarter results that did not meet analyst expectations but provided optimistic revenue guidance for fiscal 2026 [1][2] Financial Performance - Adjusted earnings per share for the fourth quarter were $0.45, below the consensus estimate of $0.47 [1] - Revenue for the fourth quarter was $454 million, slightly missing expectations of $455.79 million [1] - System-wide same-store sales growth was strong at 6.0% for the quarter [1] - System-wide store sales increased by 11% to $918 million in the fourth quarter [3] - Adjusted EBITDA rose by 5% to $130.1 million [3] - For the full fiscal year, Valvoline generated $1.7 billion in revenue, a 6% increase from the prior year, or 12% when adjusted for refranchising activity [3] Future Guidance - For fiscal 2026, Valvoline forecasts revenue between $2.0 billion and $2.1 billion, exceeding analyst expectations of $1.91 billion [2] - The company's full-year earnings forecast is between $1.60 and $1.70 per share, which is below the consensus estimate of $1.88 [2]

Core Insights - Nvidia Corporation is a leading player in the technology sector, particularly known for its GPUs and AI technologies, which have significantly impacted its financial performance and market position [1] - The company has been upgraded to a "Buy" rating by Jefferies, with an increased price target reflecting strong performance and growth potential in the AI sector [2] - Nvidia's Q3 earnings report showed a revenue growth of over 60% annually, reaching $57 billion, which surpassed forecasts and underscores its pivotal role in the expanding AI market [3] Financial Performance - Nvidia's revenue for Q3 reached $57 billion, marking a 62.5% increase from the previous year and exceeding forecasts by $1.91 billion [3] - The company's stock is currently priced at $194.63, reflecting a 4.35% increase, with a market capitalization of approximately $4.74 trillion [5] Market Dynamics - The Data Center revenue has seen significant growth due to strong demand for AI technologies, aligning with Nvidia's strategy to prepare for an expected surge in demand [4] - Nvidia's revenue from China remains minimal due to geopolitical tensions, and potential energy constraints could pose risks to AI data center expansion [4]

Investors with a lot of money to spend have taken a bullish stance on Visa (NYSE:V).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with V, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spotted 37 uncommon ...

Investors with a lot of money to spend have taken a bullish stance on Verizon Communications (NYSE:VZ).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with VZ, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner ...

Investors with a lot of money to spend have taken a bullish stance on Devon Energy (NYSE:DVN).And retail traders should know.We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DVN, it often means somebody knows something is about to happen.Today, Benzinga's options scanner spotted 11 options trades for Devon Energy.This isn't ...