Lever Style to Acquire Active Apparel Group
Yahoo Finance· 2025-12-18 21:07
Hong Kong-based apparel manufacturer Lever Style Corporation is once again expanding its operation with the acquisition of Australia- and California-based Active Apparel Group (AAG). This will be Lever Style’s seventh acquisition since its initial public offering in 2019. Lever Style manufactures apparel across a number of categories, including activewear and performance apparel. In that category, the company works with brands such as Arc’teryx, Columbia Sportswear, Helly Hansen, Spanx, Skims, and J.Linde ...
Instacart to pay $60M to settle FTC claims it deceived consumers
TechCrunch· 2025-12-18 21:07
Core Viewpoint - Instacart will pay $60 million in refunds to settle allegations from the U.S. Federal Trade Commission (FTC) regarding misleading advertising practices that resulted in consumers paying higher fees and being denied refunds [1][4]. Group 1: Misleading Advertising Claims - The FTC alleged that Instacart's claims of "free delivery" are misleading, as customers are still required to pay a mandatory service fee that can add up to 15% of their total order [1]. - The delivery platform's "100% satisfaction guarantee" was deemed false by the FTC, as it implies full refunds for unsatisfied customers, which is not typically honored in cases of late deliveries or poor service [2]. - Instacart was accused of hiding the refund option in the "self-service" menu, leading consumers to believe they could only receive credits for future orders instead of refunds [3]. Group 2: Membership Enrollment Issues - The FTC stated that Instacart failed to clearly disclose terms related to the Instacart+ membership enrollment process, particularly that consumers would be charged after a free trial without their informed consent [4]. Group 3: Ongoing Investigations - The settlement occurs amid scrutiny over Instacart's AI-powered pricing tool, which has been reported to cause price discrepancies for the same items at the same stores. The FTC has initiated an investigation into this pricing tool [7].
FedEx Reports Strong Second Quarter Earnings Growth Year-Over-Year
Businesswire· 2025-12-18 21:07
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the second quarter ended November 30 (adjusted measures exclude the items listed below): | Fiscal 2026 | Fiscal 2025 | | | | | --- | --- | --- | --- | --- | | As Reported | Adjusted | As Reported | Adjusted | | | (GAAP) | (non-GAAP) | (GAAP) | (non-GAAP) | | | Revenue | $23.5 billion | $23.5 billion | $22.0 billion | $22.0 billion | | Operating income | $1.38 billion | $1.61 billion | $1.05 billion ...
This Analyst Just Raised Their Micron Stock Price Target by 50%. Should You Buy Shares Here?
Yahoo Finance· 2025-12-18 21:05
The recent wobble unsettled bulls. Despite strong sentiment, shares slid nearly 2.74% over the past five sessions, including a 3% dip just ahead of the fiscal Q1 2026 report. Technically, momentum had stretched too far. The 14-day RSI rolled over from November’s overbought zone to around 57.39, signaling exhaustion rather than outright trend reversal. Volume stayed active, suggesting distribution was orderly, not panicked.After a decade-long run delivering more than 1,600% in returns, MU hit a high of $264. ...
Telo Genomics Launches Retrospective Blood-Based MRD Study with University of Athens as Part of 2026 Multi-Center Validation Program
TMX Newsfile· 2025-12-18 21:05
Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Telo Genomics Corp. (TSXV: TELO) (OTCQB: TDSGF) (the "Company" or "Telo"), a leader in diagnostic and prognostic innovation through advanced telomere analytics, today announced the initiation of a new multiple myeloma (MM) Minimal Residual Disease (MRD) clinical trial in collaboration with the University of Athens. This retrospective study is a key component of Telo's expanding, multi-center MRD validation program and is designed to evaluate the clin ...
GSP Resource Corp. Closes Private Placement of Flow-Through Shares
Thenewswire· 2025-12-18 21:05
Not for distribution to United States Newswire Services or for dissemination in the United StatesVancouver, British Columbia – TheNewswire - December 18, 2025: GSP Resource Corp. (TSX-V: GSPR) (the “Company” or “GSP”) announces that it has closed a non-brokered private placement (the “Private Placement”), consisting of 2,000,000 flow-through shares (each, a “FT Share”) at a price of $0.12 per FT share for aggregate gross proceeds of $240,000. Each FT Share constitutes a “flow-through share” within the mean ...
Burke & Herbert Financial Services Corp. and LINKBANCORP, Inc. Announce Agreement to Merge
Prnewswire· 2025-12-18 21:05
ALEXANDRIA, Va. and CAMP HILL, Pa., Dec. 18, 2025 /PRNewswire/ -- Burke & Herbert Financial Services Corp. (the "Company" or "Burke & Herbert") (Nasdaq: BHRB) and LINKBANCORP, Inc. ("LINK") (Nasdaq: LNKB), the parent company of LINKBANK, today announced the signing of a definitive merger agreement pursuant to which Burke & Herbert will acquire LINK in an all-stock transaction valued at approximately $354.2 million or $9.38 per share of LINK common stock, based on a closing price for Burke & Herbert's common ...
Cars Commerce Names Tobias Hartmann as Next Chief Executive Officer, Succeeding CEO Alex Vetter Effective January 15, 2026
Prnewswire· 2025-12-18 21:05
Core Viewpoint - Cars.com Inc. has announced the appointment of Tobias Hartmann as the new CEO, effective January 15, 2026, succeeding Alex Vetter, who will step down from his role and serve as an advisor until March 31, 2026 [1][2]. Company Leadership Transition - Tobias Hartmann brings over 25 years of experience in B2C and B2B technology, eCommerce, and marketplace companies, having previously served as CEO of Scout24 SE Group and President of HelloFresh SE [2][3]. - Alex Vetter has been with Cars.com since its inception in 1998 and has played a crucial role in transforming the company into a vertical SaaS platform for the automotive industry [3][4]. Strategic Vision - Hartmann aims to leverage digital tools, data, and AI to enhance customer competitiveness in the automotive retail and wholesale sectors [3]. - The Board of Directors expressed confidence in Hartmann's ability to accelerate growth and guide the company into the future [3][4]. Company Background - Cars Commerce is a technology company focused on empowering the automotive industry through innovative solutions and AI-driven technologies that enhance car buying and selling processes [5][6]. - The platform includes various brands such as Cars.com, Dealer Inspire, AccuTrade, DealerClub, and Cars Commerce Media Network, which collectively support efficient and profitable retail operations [6].
Gain Therapeutics to Host Virtual KOL Event on GT-02287 for Parkinson's Disease
Globenewswire· 2025-12-18 21:05
BETHESDA, Md., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Gain Therapeutics, Inc. (Nasdaq: GANX) (“Gain”, or the “Company”), a clinical-stage biotechnology company leading the discovery and development of the next generation of allosteric small molecule therapies, today announced that it will host a virtual key opinion leader (KOL) event, “Understanding GCase Substrates in Parkinson’s Disease: Perspectives on Biomarkers and Disease Modification, Contextualizing emerging biomarker data from the Phase 1b clinical stud ...
HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates
Accessnewswire· 2025-12-18 21:05
$.12 per share cash dividend declared HOLLYWOOD, FLORIDA / ACCESS Newswire / December 18, 2025 / HEICO Corporation (NYSE:HEI.A, HEI) today announced that its Board of Directors declared a $0.12 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock.The dividend is HEICO's 95th consecutive semiannual cash dividend since 1979.The dividend is payable on January 20, 2026 to all shareholders of record on January 5, 2026.thEric A. Mendelson and Victor H. Mendelson, HEICO ...