Faruqi & Faruqi Reminds Treace Medical Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 10, 2025 - TMCI
Prnewswire· 2025-05-16 13:38
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Treace Medical To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $50,000 in Treace Medical between May 8, 2023, and May 7, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, May 16, 2025 /PRNew ...
Strength Seen in Foot Locker (FL): Can Its 85.7% Jump Turn into More Strength?
ZACKS· 2025-05-16 13:35
Foot Locker (FL) shares rallied 85.7% in the last trading session to close at $23.90. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.7% gain over the past four weeks.Foot Locker shares soared after DICK'S Sporting Goods announced plans to acquire the company.This shoe store is expected to post quarterly earnings of $0.01 per share in its upcoming report, which represents a year-over-year change of -95.5%. ...
CNI to Invest $3.4B in 2025 for Rail Expansion and Sustainability
ZACKS· 2025-05-16 13:35
Canadian National Railway Company's (CNI) capital expenditure program for 2025 reflects a robust commitment to strengthening its network infrastructure and enhancing operational resilience across North America. With an investment of approximately $3.4 billion CAD, CNI is taking significant steps to address the growing demands of freight transportation while laying the groundwork for long-term, sustainable growth. This initiative, which includes $2.9 billion dedicated to maintenance and strategic infrastruct ...
Novo Nordisk CEO to step down after eight years at the helm
Proactiveinvestors NA· 2025-05-16 13:35
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Chipotle president Jack Hartung joins Tesla's board ahead of Tesla Diner launch
TechCrunch· 2025-05-16 13:33
Core Insights - Tesla has appointed Jack Hartung, a veteran executive from Chipotle, to its board of directors, which coincides with the company's development of a retro diner and charging station in Los Angeles [1][3]. Group 1: Appointment Details - Jack Hartung brings over 20 years of experience from Chipotle, where he held roles such as CFO, president, and chief strategy officer, overseeing finance, supply chain, and safety as the company expanded to over 3,700 restaurants globally [2]. - Prior to his tenure at Chipotle, Hartung spent nearly 20 years at McDonald's, serving as VP and CFO of the partner brands group [2]. Group 2: Strategic Implications - Hartung's experience in the food and beverage industry may provide Tesla with valuable strategic insights and a network of contacts as the company prepares to launch its diner concept [3][4]. - His appointment comes as Tesla seeks to enhance customer service at the diner, with a role advertised for a Tesla Diner Experience Specialist [3]. Group 3: Compensation and Governance - Hartung will begin his board duties, including participation in the audit committee, effective June 1, and has waived cash and equity compensation, aligning with practices of other board members [5]. - A related-party transaction was disclosed, noting that Hartung's son-in-law has been a Tesla service technician since December 2016, earning a salary of $124,000, which Tesla states is consistent with its compensation practices [4].
Light & Wonder: Lower Growth, Smaller Premium
Seeking Alpha· 2025-05-16 13:33
Ever since Light & Wonder (NASDAQ: LNW ) went back to basics—selling off its lottery arm to Brookfield and its sports betting unit to Endeavor, wiping out over $1 billion in net debt—the stock has skyrocketed 900%. ThatI am an Equity Analyst and Accountant specializing in restaurant stocks, with a solid foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing re ...
AMD: A Losing Bet On AI
Seeking Alpha· 2025-05-16 13:30
Advanced Micro Devices, Inc. (NASDAQ: AMD ) recently reported its Q1 results. While the results were decent, as its revenues increased by 36% Y/Y, we see several risks that the company faces, which in our opinion are likely to undermineBears of Wall Street is a community of asset managers and traders who take a pragmatic approach to valuing companies. Bears of Wall Street provide unique research with a bearish sentiment on overvalued or weak companies with declining businesses and poor growth perspectives - ...
Tuya Inc. to Hold Annual General Meeting on June 19, 2025
Prnewswire· 2025-05-16 13:28
SANTA CLARA, Calif., May 16, 2025 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading AI cloud platform service provider, today announced that it will hold an annual general meeting of the Company's shareholders (the "AGM") at 2:00 p.m. (Hong Kong time) on Thursday, June 19, 2025 at Huace Center, Building A, 3/F VVIP room, Xihu District, Hangzhou City, Zhejiang Province, China, for the purposes of considering and, if thought fit, passing each of the Proposed Resolu ...
Wix Gears Up to Report Q1 Earnings: Here's What You Should Know
ZACKS· 2025-05-16 13:26
Wix.com Ltd. (WIX) is scheduled to release first-quarter 2025 results on May 21, before market open.For first-quarter 2025, revenues are expected between $469 million and $473 million, indicating 12-13% growth from the prior-year quarter's reported figure. The Zacks Consensus Estimate is pegged at $471.8 million, suggesting an increase of 12.4% from that reported a year ago.The Zacks Consensus Estimate for earnings is pegged at $1.66 per share, implying a 28.7% rise from the year-earlier quarter's actual.WI ...
JPM vs. MS: Which Wall Street Titan Deserves a Spot in Your Portfolio?
ZACKS· 2025-05-16 13:26
When it comes to Wall Street heavyweights, few names command more influence than JPMorgan (JPM) and Morgan Stanley (MS) . These financial titans are pillars of global finance, with deep roots in the investment banking (IB) industry, advising on multibillion-dollar mergers, underwriting high-profile IPOs and navigating complex capital markets.Per a research report published by Spherical Insights & Consulting, the global IB market is expected to grow from $170 billion in 2023 to $394.2 billion by 2033, at a C ...