Capital One Financial Corporation Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-08-19 20:52
Core Viewpoint - Capital One Financial Corporation is under investigation for possible securities fraud, with a class action lawsuit potentially being filed on behalf of affected investors [1][3]. Group 1: Legal Actions and Investigations - The Portnoy Law Firm has initiated an investigation into Capital One regarding allegations of securities fraud and is encouraging investors who have incurred losses to reach out for legal assistance [1][2]. - Capital One has faced litigation for allegedly failing to transition its 360 Savings accountholders to a new offering and for concealing the existence of the 360 Performance plan, leading to a $425 million settlement in a multi-district litigation class action [3]. - The company is also facing a separate lawsuit from New York Attorney General Letitia James in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Responsibilities - The investigation by the Portnoy Law Firm is focusing on whether Capital One's officers and/or directors breached their fiduciary duties to shareholders or violated state or federal laws [4]. - The Portnoy Law Firm has a history of representing investors in claims against corporate wrongdoing, having recovered over $5.5 billion for aggrieved investors [5].
West Red Lake Gold Announces Filing of NI 43-101 Preliminary Economic Assessment Technical Report for the Rowan Project
Globenewswire· 2025-08-19 20:48
VANCOUVER, British Columbia, Aug. 19, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce the filing of its independent preliminary economic assessment (“PEA”) technical report for its 100% owned Rowan project located in the Red Lake Gold District of northwestern Ontario, Canada, with an effective date of June 30, 2025 (the “PEA Technical Report”). The PEA Technical Report was prepared in accordance with the Canadi ...
Is the Options Market Predicting a Spike in Itron Stock?
ZACKS· 2025-08-19 20:46
Investors in Itron, Inc. (ITRI) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec. 19, 2025 $95 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean th ...
Six Flags Entertainment Corporation Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-08-19 20:44
Core Viewpoint - The Portnoy Law Firm has initiated an investigation into possible securities fraud involving Six Flags Entertainment Corporation, following a significant financial downturn reported by the company [1][3]. Financial Performance - Six Flags reported a swing from a profit to a loss of $100 million in its second-quarter 2025 financial results, which was a significant decline [3]. - The company has reduced its full-year guidance, attributing the downturn to adverse weather conditions and lower season pass sales [3]. Management Changes - Six Flags announced that its CEO will step down at the end of the year, which may impact investor confidence and company direction [3]. Legal Actions - Investors who have incurred losses are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss potential claims [2][4]. - The investigation is focused on whether Six Flags issued false or misleading statements or failed to disclose material information to investors [3].
Kirby McInerney LLP Announces Investigation Against National Grid plc on Behalf of Investors
GlobeNewswire News Room· 2025-08-19 20:42
Group 1 - The law firm Kirby McInerney LLP is investigating potential claims against National Grid USA Service Company, Inc. for possible violations of federal securities laws and unlawful business practices [1] - A report by the National Energy System Operator revealed that a fire at Heathrow Airport was caused by a known fault at an electrical substation owned by National Grid, which the company had been aware of since 2018 but failed to address [3] - Following the release of the NESO report, National Grid's American Depositary Receipt (ADR) price fell by $3.77, or approximately 5.07%, from $74.38 to $70.61 [3] Group 2 - Kirby McInerney LLP specializes in securities litigation and has achieved recoveries totaling billions of dollars for shareholders [6]
Scientific Industries Reports Financial Results for Second Quarter of Fiscal Year 2025
Globenewswire· 2025-08-19 20:35
TORBAL DIVISION SALES UP 11%SECURED $10 MILLION IN STRATEGIC DIVESTURE OF GENIE PRODUCT LINEVIVID AND BIOPROCESSING NEW PRODUCT AI ROADMAP ON TARGET Investor Call to be held Wednesday, August 20th at 11:00 a.m. Eastern Time BOHEMIA, N.Y., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Scientific Industries, Inc. (OTCQB: SCND), a developer of digitally simplified bioprocessing products and vision-based pill counters, today reported financial results for the three and six month periods ended June 30, 2025. Business Highli ...
D-Wave Buying Spree: Will These Firms Be Potential Targets?
MarketBeat· 2025-08-19 20:32
Core Insights - D-Wave Quantum Inc. reported mixed results in its latest earnings report, with shares down 12% in the last month but up 72% year-to-date [1] - The company holds a record $819 million in cash reserves, indicating potential for share repurchases or acquisitions [2] - Executives hinted at an acquisition strategy, with possible announcements by the end of 2025 [3] Financial Performance - D-Wave's stock price is currently $15.32, down 7.51% [2] - The 12-month stock price forecast is $19.27, suggesting a potential upside of 22.72% [11] Acquisition Strategy - D-Wave is considering acquisitions to enhance product development and R&D efforts, with speculation around potential targets [3] - Bluefors, a key infrastructure provider in cryogenics, could strengthen D-Wave's technological capabilities and supply chain [5][6][7] - Atom Computing, which focuses on neutral-atom quantum systems, may provide D-Wave with additional hardware capabilities [8][9][10] - Multiverse Computing, known for its AI integration and user-friendly software, could help D-Wave attract enterprise clients [11][12] Market Position - D-Wave's revenue growth is primarily driven by sales of its Advantage and Advantage2 systems to major institutions [11] - The company is exploring ways to appeal to new customer bases, particularly in the enterprise sector [11][12]
Atico Reports Consolidated Financial Results for Second Quarter of 2025
Globenewswire· 2025-08-19 20:30
Core Viewpoint - Atico Mining Corporation reported significant financial improvements for Q2 2025, driven by increased production, higher concentrate sales, and strong metal prices, with expectations for continued operational enhancements throughout the year [1][2]. Financial Performance - The company posted a net income of $2.7 million for Q2 2025, a substantial increase from a net loss of $0.4 million in Q2 2024 [3][4]. - Sales surged by 94% to $21.1 million compared to $10.9 million in the same quarter of the previous year [3][4]. - Cash flows from operations before changes in working capital reached $4.9 million, up from $2.5 million in Q2 2024 [3][4]. Production Metrics - Copper production totaled 2.2 million pounds and gold production was 2,385 ounces, reflecting a decrease of 42% and 16% respectively compared to Q2 2024 [5][6]. - The average realized price for copper was $4.47 per pound, while gold was $3,406 per ounce, showing increases from $4.34 and $2,303 respectively in Q2 2024 [3][4]. Cost Analysis - Cash costs per pound of payable copper produced were $1.73, an increase of 17% from $1.48 in Q2 2024 [6][7]. - All-in sustaining cash cost per payable pound of copper produced rose to $3.91 from $2.32 in Q2 2024, primarily due to lower copper output and higher sustaining capital expenditures [3][4]. Operational Developments - The company is conducting a 6,000 meter near-mine drill program at El Roble to replenish resources and extend the mine's life [2]. - A new 30-year mining agreement was executed with the National Mining Agency of Colombia for the El Roble mine [3][4]. Management Changes - Alain Bureau, the President of the company, stepped down effective August 15, 2025, but will continue as a government relations consultant [7].
Toll Brothers Reports FY 2025 Third Quarter Results
GlobeNewswire· 2025-08-19 20:30
Toll Brothers at Tesoro Highlands Valencia, CA FORT WASHINGTON, Pa., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its third quarter ended July 31, 2025. FY 2025’s Third Quarter Financial Highlights (Compared to FY 2024’s Third Quarter): Net income and earnings per share were $369.6 million and $3.73 per diluted share, compared to net income of $374.6 million and $3.60 per diluted share in FY ...
Think It's Too Late to Buy This Leading Industrials Stock? Here's the Biggest Reason Why There's Still Time
The Motley Fool· 2025-08-19 20:29
The booming demand for artificial intelligence is creating increased investment in data centers.The stock for data center infrastructure company and Nvidia partner Vertiv (VRT -4.97%) is trading up 84% since the end of March. That growth could continue as the company's underlying momentum is being masked by the effect of tariffs and an acceleration in investment to fuel future growth. Vertiv's quiet growth burstThe table below shows the progression of its full-year guidance in 2025. Vertiv's sales guidance ...