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Trip.com Group Limited Reports Unaudited First Quarter of 2025 Financial Results
Prnewswire· 2025-05-19 22:00
SINGAPORE, May 19, 2025 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading global one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced its unaudited financial results for the first quarter of 2025.Key Highlights for the First Quarter of 2025 International businesses continued to demonstrate robust growth across all segments in the first quarter of ...
Trip.com Group to Hold Annual General Meeting on June 30, 2025
Prnewswire· 2025-05-19 22:00
SINGAPORE, May 19, 2025 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced that it will hold an annual general meeting of shareholders (the "AGM") on June 30, 2025 at 9:30 a.m. (Shanghai time) at the address of Building 16, 968 Jinzhong Road, Shanghai 200335, People's Republic of China.Holders of ...
Cerevel Therapeutics Holdings, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. June 3, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-05-19 21:59
LOS ANGELES, May 19, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Cerevel Therapeutics Holdings, Inc. ("Cerevel" or the "Company") (NASDAQ: CERE) investors of a class action representing investors that bought securities between October 11, 2023 through August 1, 2024, inclusive (the "Class Period"). Cerevel investors have until June 3, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discu ...
Abraham, Fruchter & Twersky, LLP, Notifies Shareholders of a Class Action Lawsuit on Behalf of Investors who Acquired Shares of Compass Diversified Holdings (NYSE: CODI, CODI-PA, CODI-PB, CODI-PC)
GlobeNewswire News Room· 2025-05-19 21:55
Core Viewpoint - A class action lawsuit has been filed against Compass Diversified Holdings for allegedly making false and misleading statements regarding undisclosed financing arrangements and irregularities in its subsidiary's financial practices [1][2][3] Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Compass common stock between May 1, 2024, and May 7, 2025 [1] - Investors have until July 8, 2025, to seek appointment as lead plaintiff in the case [2][4] - The case is titled Matthews v. Compass Group Diversified Holdings, LLC, No. 25-cv-00981 (C.D. Cal.) [1] Group 2: Allegations - The lawsuit alleges that Compass and its executives made misleading statements due to undisclosed financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable at its subsidiary, Lugano Holding, Inc. [2] - On May 7, 2025, Compass disclosed irregularities in Lugano's financing and accounting practices, leading to a restatement of its 2024 financial statements [3] - Following this announcement, Compass's stock price experienced a decline [3]
Everus Construction Group, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; June 3, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-05-19 21:48
Core Viewpoint - Everus Construction Group, Inc. is facing a class action lawsuit due to alleged misleading statements regarding its financial performance and project backlog during the Class Period from October 31, 2024, to February 11, 2025 [1][4]. Company Overview - Everus Construction, previously known as MDU Construction Services Group, Inc., was a wholly owned subsidiary of CEHI, LLC, which is itself a subsidiary of MDU Resources Group, Inc. [3]. Legal Action - The class action lawsuit claims that Everus Construction made materially false and misleading statements, particularly regarding the lengthening of its backlog conversion cycle and the impact of larger, more complex projects on revenue recognition [4]. Financial Performance - On February 11, 2025, Everus Construction reported a backlog of $2.8 billion and projected revenue between $3.0 billion and $3.1 billion, with EBITDA expected to be between $210 million and $225 million for the year [5]. - Following the financial results announcement, Everus Construction's stock price dropped nearly 28% over the next two trading sessions [5].
Nike: Gearing Up For A Turnaround
Seeking Alpha· 2025-05-19 21:44
Core Insights - Seeking Alpha welcomes Analysis Fundamental as a new contributing analyst, encouraging individuals to share investment ideas for publication and potential earnings [1] Group 1 - The new analyst has a strong background in finance and risk analysis, holding an MSc in Applied Risk Management and the ACA Certificate Level [2] - The analyst's expertise includes financial analysis, risk management, data analysis using SQL, Python, and machine learning tools, with experience across leading firms [2] - The focus areas for the analyst include risk management, financial analysis, data science, and the impact of economic factors on financial markets [2] Group 2 - The analyst aims to provide informed analysis on market trends, risk management practices, and investment strategies to support informed decision-making [2]
Westrock Coffee Company: Still Not Sweet Enough For An Upgrade
Seeking Alpha· 2025-05-19 21:35
Group 1 - The company offers an investing service and community focused on oil and natural gas, emphasizing cash flow and growth prospects [1] - Subscribers have access to a stock model account with over 50 stocks, detailed cash flow analyses of exploration and production firms, and live chat discussions about the sector [2] - A two-week free trial is available for new subscribers to explore the oil and gas investment opportunities [3]
B. Riley Securities Provides Business and Financial Update Following Carve-Out Transaction
Prnewswire· 2025-05-19 21:35
Core Viewpoint - B. Riley Securities Holdings, Inc. has provided a business and financial update following its carve-out from B. Riley Financial, Inc., emphasizing a commitment to financial transparency and long-term value creation despite macroeconomic uncertainties [1][2]. Financial Performance - For the year 2024, B. Riley Securities reported total revenue of $217.7 million and adjusted net income of $33.1 million, while experiencing a net loss of $14.5 million [4][12]. - The adjusted financials reflect contributions from Cascadia Investments Inc. and other subsidiaries as if they had been completed on January 1, 2024 [5][11]. Debt and Cash Position - The company is now completely debt-free, having repaid all $12.4 million of its outstanding debt, and holds $68 million in cash and securities as of the carve-out effective date [6][5]. Operational Highlights - In 2024, B. Riley Securities raised $16.5 billion in debt and equity for clients and expanded its capabilities in key areas such as Convertibles and Liability Management [3]. - The advisory practice has been realigned to better serve core clients, focusing on Capital Markets [3]. Strategic Focus - The company aims to enhance visibility into its strategy and vision for value creation, positioning itself for sustainable growth and maximizing shareholder value [2][3].
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against MicroStrategy Incorporated d/b/a Strategy (MSTR)
GlobeNewswire News Room· 2025-05-19 21:32
Core Viewpoint - A securities class action lawsuit has been filed against MicroStrategy Incorporated, alleging misleading statements regarding its bitcoin-focused investment strategy and treasury operations during the class period from April 30, 2024, to April 4, 2025 [1][2]. Group 1: Allegations of Misleading Statements - The complaint claims that the defendants overstated the anticipated profitability of the company's bitcoin-focused investment strategy and treasury operations [3]. - It is alleged that the risks associated with bitcoin's volatility and potential losses from the company's digital assets were understated [3]. - The public statements made by the defendants were deemed materially false and misleading throughout the relevant period [3]. Group 2: New Key Performance Indicators - The company introduced new key performance indicators (KPIs) such as "BTC Yield," "BTC Gain," and "BTC $ Gain" to measure its financial results, which were intended to help the market assess its bitcoin acquisition strategy [2]. Group 3: Legal Proceedings - Investors who acquired shares of MicroStrategy are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline on July 15, 2025 [4].
Ultra Clean Holdings, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. May 23, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-05-19 21:30
Core Viewpoint - A class action lawsuit has been filed against Ultra Clean Holdings, Inc. for allegedly making false or misleading statements regarding its market demand and financial performance during the specified class period [3][4]. Group 1: Class Action Details - The class action represents investors who purchased Ultra Clean securities between May 6, 2024, and February 24, 2025 [1]. - Investors have until May 23, 2025, to file a lead plaintiff motion [1]. Group 2: Allegations Against Ultra Clean - The lawsuit claims that Ultra Clean and its executives misrepresented the demand for the company's products in the domestic Chinese market [3]. - It is alleged that the optimistic reports on growth and earnings potential did not reflect the actual weakening demand due to issues with a major customer, extended qualification timelines, and inventory absorption [3]. Group 3: Financial Impact - On February 24, 2025, Ultra Clean disclosed "demand softness" in China, leading to a stock price drop of over 28% following the announcement of its fourth quarter and full year 2024 financial results [4].