INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Fortrea Holdings, Inc. (FTRE) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
GlobeNewswire News Room· 2025-06-03 15:16
Core Points - A shareholder class action lawsuit has been filed against Fortrea Holdings, Inc. alleging that the company made materially false and misleading statements regarding its business and financial prospects [1] - The lawsuit claims that Fortrea overestimated revenue contributions from Pre-Spin Projects and overstated cost savings from exiting transition services agreements [1] - As a result of these allegations, Fortrea's previously announced EBITDA targets for 2025 are said to be inflated, raising concerns about the viability of its post-Spin-Off business model [1] Legal Context - Shareholders who purchased Fortrea shares between July 3, 2023, and February 28, 2025, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline for shareholders to request to be appointed as lead plaintiff in the case is August 1, 2025 [3] - Holzer & Holzer, LLC is representing shareholders in this litigation and has a history of recovering significant amounts for investors affected by corporate misconduct [3]
Bill Holdings: Opportunity In The Crash
Seeking Alpha· 2025-06-03 15:15
Group 1 - The article presents a perspective that views current macroeconomic risks as potential investment opportunities, particularly in the context of the S&P 500 and broader stock market [1] - It highlights concerns such as weaker consumer spending, potential issues in the bond market, and the threat of tariffs, which are largely being overlooked by the market [1] - The author, Gary Alexander, has extensive experience in technology sectors and has been involved with startups, providing insights into industry trends [1] Group 2 - The article does not provide any specific company or stock recommendations, focusing instead on general market observations and personal insights from the author [2][3]
Marriott Expands Portfolio With Debut Launch of StudioRes Fort Myers
ZACKS· 2025-06-03 15:11
Key Takeaways Marriott debuts with StudioRes hotel in Florida, marking its official entry in the midscale extended stay. Plans to open more than 40 StudioRes properties by the end of 2027. MAR stock gained 5.6% in the past month, outperforming the industry growth of 3.7%, indicating optimism.Marriott International, Inc. (MAR) has marked the debut of its midscale extended stay segment with the exemplary opening of the very first StudioRes hotel, StudioRes Fort Myers, in Florida.Through this debut, Marriott ...
Retire With Long-Term Investment Grade Bonds (Part 3): American Financial Group And Its Baby Bond AFGC
Seeking Alpha· 2025-06-03 15:10
At Trade With Beta , we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors.In today's article, we will focus on investment-grade long-term bonds offering yields close to 7.6%, as we believe this is one of the few undervalued opportunities among exchange-traded debt securities. Our choice is a company in the insurance sector, namely:Denislav leads the investing group ...
H World Group Releases 2024 Sustainability Report, Advancing Sustainable Development through Service Innovation and Green Operations
Prnewswire· 2025-06-03 15:08
Core Insights - H World Group Limited has released its 2024 Sustainability Report, emphasizing its commitment to sustainable growth through innovation, inclusion, and environmental action, and has been recognized for its outstanding ESG practices [1][2] Group Commitments and Strategies - The report outlines commitments and strategies across six key dimensions: corporate governance, service excellence, employee well-being, industry advancement, environmental responsibility, and social contribution [2] Environmental Initiatives - H World is advancing its green vision through three pillars: green buildings, green operations, and green services, in collaboration with its global ecosystem [3] - The company has implemented modular construction techniques in flagship products, resulting in faster construction and lower environmental footprints [7] - Environmental criteria have been integrated into supplier partnerships, promoting eco-friendly materials and sustainable practices [7] - The "Green Living" program has encouraged 872,000 guest stays to opt out of towel replacement, saving over 24,000 tons of water and preventing 676 tons of carbon emissions [7] Employee Empowerment - H World employs 28,502 full-time employees, with 62.4% being women, and 59.6% of hotel general managers in China are female [4] - The company has partnered with over 130 universities to create over 2,600 annual internship positions and has been recognized as a top employer among Chinese university students [5] Social Responsibility - H World has actively engaged in public welfare initiatives, including providing shelter and resources to residents affected by floods in Guilin [8] - The company promotes an integrated "Hotel + Rural Economy" model and supports rural education through the "Scholarly HanTing" initiative [8] Safety and Quality Assurance - H World has strengthened service standards through enhanced safety measures and established a Security Assurance Committee led by the CEO [9] - The company conducted 972 audits covering 699 suppliers in 2024, achieving a 98% audit coverage rate for strategic suppliers [10]
Louisiana-Pacific Expands BlueLinx Partnership in Springfield
ZACKS· 2025-06-03 15:06
Key Takeaways LPX expands BlueLinx distribution to include Springfield, MO for SmartSide siding products. The expansion increases LPX product availability across 19 BlueLinx locations in five regions. LPX continues focusing on strategic growth through distribution and manufacturing expansion.Louisiana-Pacific Corporation (LPX) , a producer of engineered wood building products, expanded its distribution partnership with BlueLinx Holdings to include the market of Springfield, MO. This expansion adds LP Smar ...
Tesla Losing Steam in Europe: What's Impeding Its Growth?
ZACKS· 2025-06-03 15:06
Core Insights - Tesla's car sales have experienced significant declines in several European countries for five consecutive months, attributed to CEO Elon Musk's political controversies and an aging vehicle lineup [1][10] Sales Performance - In Sweden and Portugal, Tesla's new car sales fell by 53.7% and 68% year over year, respectively, while overall EV sales in those countries increased by approximately 25% [2] - Tesla's sales also dropped by 30.5% in Denmark, 36% in the Netherlands, 19% in Spain, and 67% in France [2] - Conversely, Norway saw a remarkable increase in Tesla sales, which surged by 213% in May, driven by the introduction of updated Model Y SUVs [3][10] Product Availability and Demand Stimulation - The new Model Y is available for order in many European markets, but deliveries of the most affordable variant are only expected to begin this month in countries like Germany, the UK, France, and Italy, affecting May's sales data [4] - To stimulate demand, Tesla has been offering various financial incentives in Sweden, Germany, Britain, and France, as well as interest-free loans for the new Model Y in Norway [5] Competitive Landscape - BYD Company Limited, a Chinese EV maker, saw a 359% year-over-year increase in total sales in Europe in April, surpassing Tesla's EV sales for the first time [6] - Volkswagen AG gained 1.1% market share in Europe in April 2025, leading the European EV market, with notable growth in its subsidiaries Skoda and Audi [7] Financial Performance and Valuation - Tesla has underperformed compared to the Zacks Automotive – Domestic industry and the Auto, Tires and Truck sector year to date, with a loss of 15.1% compared to the industry's decline of 14.2% and the sector's decline of 9.6% [8] - The Zacks Consensus Estimate for Tesla's EPS has decreased by 13 cents and 16 cents for 2025 and 2026, respectively, in the past 30 days [11] - Tesla appears overvalued based on its price/sales ratio, trading at a forward sales multiple of 10.56, significantly higher than the industry's 2.77 [12]
The Bull Market is Back: 3 Stocks to Buy Now (HIMS, APP, META)
ZACKS· 2025-06-03 15:06
After several months of extreme volatility driven by geopolitical uncertainty and shifting tariff policies, bullish momentum has returned to the market. With tariff policy moderating, economic growth forecasts rebounding, and AI-driven productivity gains continuing to accelerate, investors are once again embracing risk.In this renewed environment, select stocks with strong fundamentals and emergent business models are breaking out. The three companies highlighted here, Hims & Hers Health ((HIMS), AppLovin ( ...
5 Cheap Stocks to Buy in June
The Motley Fool· 2025-06-03 15:02
Core Viewpoint - The article highlights five stocks that are considered strong buying opportunities for June, amidst ongoing market uncertainty [1]. Group 1: Stock Recommendations - Johnson & Johnson (JNJ) is mentioned as one of the recommended stocks for purchase in June [1].
Best Momentum Stock to Buy for June 3rd
ZACKS· 2025-06-03 15:01
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 3rd:Flotek Industries (FTK) : This company which develops and delivers prescriptive chemistry-based technology, including specialty chemicals, to clients in the energy, consumer industrials and food & beverage industries, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.8% over the last 60 days.Flotek Industries’ shares gained 10 ...