Workflow
BHVN FINAL DEADLINE: ROSEN, A TOP RANKED LAW FIRM, Encourages Biohaven Ltd. Investors to Secure Counsel Before Important September 12 Deadline in Securities Class Action – BHVN
Globenewswire· 2025-09-09 23:21
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Biohaven Ltd. securities between March 24, 2023, and May 14, 2025, of the September 12, 2025, deadline to serve as lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - A class action lawsuit has been filed against Biohaven Ltd. for allegedly making false and misleading statements regarding its drug candidates, which may have negatively impacted investors [4] - Investors who wish to join the class action can do so without any out-of-pocket fees through a contingency fee arrangement [1][2] - The lawsuit claims that the defendants overstated the regulatory prospects of the drug troriluzole for treating spinocerebellar ataxia and the efficacy of BHV-7000 for bipolar disorder, leading to significant damages for investors when the truth was revealed [4] Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [3] - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions of dollars for investors [3]
CareTrust REIT, Inc. (CTRE) Presents At BofA Securities 2025 Global Real Estate Conference (Transcript)
Seeking Alpha· 2025-09-09 23:21
Core Points - CareTrust REIT was formed as a spin-off from the Ensign Group, which started as a nursing home company in California in 1999 [2] - The company went public in 2007 and recognized a need to separate its real estate assets to gain better market recognition, leading to the establishment of CareTrust REIT in June 2014 [2] Company Overview - CareTrust REIT focuses on acquiring and managing healthcare-related real estate, particularly in the nursing home sector [2] - The leadership team includes David Sedgwick as CEO and President, Bill Wagner as CFO, and Derek Bunker as SVP of Strategy and Finance [2]
Dick's Bets On Foot Locker To Kick Start Global Growth Across Brands
Forbes· 2025-09-09 23:20
Core Viewpoint - Dick's Sporting Goods has acquired Foot Locker for $2.4 billion, creating a significant retail entity with over 3,200 stores across 20 countries, aiming to revitalize Foot Locker's struggling business and expand Dick's market presence [2][3]. Group 1: Acquisition Details - The acquisition finalizes a strategic move to combine Dick's established retail operations with Foot Locker's brand recognition in sneaker culture, particularly in basketball [3]. - Foot Locker will continue to operate as a standalone entity under Dick's, maintaining its various brands, including Foot Locker and Champs Sports [6]. - Dick's has committed to achieving at least $100 million in cost savings through improved procurement and sourcing efficiencies, with expectations for the deal to become earnings-accretive by 2026 [7]. Group 2: Market Context - Foot Locker has faced increasing competition from brands like Nike and emerging companies such as On and Gymshark, leading to thinner margins and excess inventory [4][5]. - The acquisition is seen as a way for Dick's to leverage its successful omnichannel strategy and data utilization to enhance Foot Locker's inventory management and e-commerce capabilities [8][9]. - The merger provides Dick's with a global platform to expand its retail concepts internationally, while also strengthening Foot Locker's presence outside the U.S. [10]. Group 3: Competitive Landscape - The activewear market has seen significant shifts, with Lululemon experiencing a decline in performance, which may open opportunities for new brands and increase pressure on established players like Foot Locker [11][12]. - Dick's investment in experiential retail through House of Sport stores complements Foot Locker's efforts to create immersive shopping experiences, positioning both companies to better compete in the evolving market [13].
Klarna prices US IPO at $40 per share, valuing it at $15.1 billion, source says
Reuters· 2025-09-09 23:20
Group 1 - Klarna and its shareholders have priced the U.S. IPO at $40 per share [1] - The pricing values the company at $15.1 billion [1]
Block defeats shareholder lawsuit over 2021 Cash App data breach
Reuters· 2025-09-09 23:19
Core Viewpoint - Block, the technology and financial services company led by Jack Dorsey, successfully had a proposed class-action lawsuit dismissed that accused it of defrauding shareholders [1] Group 1 - The lawsuit claimed that Block misled investors regarding its business practices and financial performance [1] - The dismissal of the lawsuit is a significant legal victory for Block, potentially alleviating concerns among investors [1] - The outcome may positively impact Block's stock performance and investor confidence moving forward [1]
Mark Zuckerberg's Meta ‘cannot be trusted to tell the truth' about child safety: whistleblowers
New York Post· 2025-09-09 23:18
Core Viewpoint - Meta Platforms is facing scrutiny for prioritizing profit from its virtual-reality platform over user safety, particularly concerning children being exposed to inappropriate content [1][3]. Group 1: Whistleblower Testimonies - Former Meta researchers testified that the company was aware of children using its VR products and being exposed to sexually explicit material, yet chose to suppress this information [1][7]. - Researchers reported being instructed not to investigate the harms to children using VR technology, allowing Meta to claim ignorance of the issues [7]. - Instances of children being bullied, sexually assaulted, and solicited for nude photographs were encountered by the whistleblowers during their work [7]. Group 2: Congressional Response - Members of Congress have criticized Meta, with Senator Marsha Blackburn emphasizing the need for the Kids Online Safety Act, which aims to enhance protections for children online [6][8]. - The whistleblower accounts have intensified calls for legislative action to ensure the safety of children using online platforms [6][8]. Group 3: Meta's Defense - A Meta spokesperson claimed that the allegations are based on selectively leaked documents and that there was never a blanket prohibition on conducting research involving young users [8]. - Meta has stated that the examples reported were inconsistent with its policies and have since been removed [4][8].
Oracle Misses in Q3, Gains +22% - Plus Jobs Revisions & More
ZACKS· 2025-09-09 23:16
Key Takeaways Most Market Indexes Climb Again; Nasdaq Sets New Closing HighOracle Sees Big Business in Cloud InfrastructureJobs Revisions of -911K Display a Far Weaker U.S. Labor ForceTuesday, September 9, 2025A series of big events today, on what had been expected to be fairly mild in actionable market news, actually kicked off late yesterday with news that Amsterdam-based GPU creator Nebius (NBIS) is engaging in an AI infrastructure deal with Microsoft (MSFT) worth $17.4 billion through 2031. Shares of th ...
Trane Technologies (TT) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-09-09 23:16
Trane Technologies (TT) closed the most recent trading day at $409.41, moving -1.33% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.27%. Meanwhile, the Dow gained 0.43%, and the Nasdaq, a tech-heavy index, added 0.37%. The manufacturer's shares have seen a decrease of 3.07% over the last month, not keeping up with the Construction sector's gain of 4.79% and the S&P 500's gain of 1.85%.The upcoming earnings release of Trane Technologies will be of great inte ...
Lennar (LEN) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-09-09 23:16
Lennar (LEN) closed at $137.45 in the latest trading session, marking a -3.48% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.27% for the day. Meanwhile, the Dow experienced a rise of 0.43%, and the technology-dominated Nasdaq saw an increase of 0.37%. Heading into today, shares of the homebuilder had gained 18.15% over the past month, outpacing the Construction sector's gain of 4.79% and the S&P 500's gain of 1.85%.Investors will be eagerly watching for the perfo ...
D.R. Horton (DHI) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-09-09 23:16
D.R. Horton (DHI) ended the recent trading session at $177.88, demonstrating a -3.35% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.27%. Meanwhile, the Dow experienced a rise of 0.43%, and the technology-dominated Nasdaq saw an increase of 0.37%. Coming into today, shares of the homebuilder had gained 18.77% in the past month. In that same time, the Construction sector gained 4.79%, while the S&P 500 gained 1.85%. Analysts and investors alike will be keeping ...