NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Napco Security Technologies, Inc. ("Napco" or the "Company") (NASDAQ: NSSC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Napco investors who were adversely affected by alleged securities fraud between February 5, 2024 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/napco-securi ...

Core Insights - Amazon is leveraging an emerging trend where major tech firms are purchasing power directly from existing nuclear power plants, specifically acquiring 1.92 gigawatts of electricity from Talen Energy's Susquehanna nuclear power plant in Pennsylvania [1][4] - This agreement modifies a previous arrangement that was halted by regulators due to concerns over unfair cost burdens on customers [2][3] - The revised power purchase agreement will now be billed like other grid-connected customers, with the deal extending through 2042 [4] Group 1: Amazon's Power Purchase Agreement - The new deal allows Amazon to power its AWS cloud and AI servers using electricity from the Susquehanna plant [1] - The previous arrangement involved building a data center next to the plant, which was rejected by regulators [2][3] - The current agreement will include transmission fees that support grid maintenance and development [3][4] Group 2: Industry Trends and Collaborations - Microsoft initiated this trend last year with a $1.6 billion project to restart a reactor at Three Mile Island, generating 835 megawatts [7] - Meta also joined the trend by purchasing clean energy attributes from a 1.1 gigawatt nuclear power plant in Illinois [7] - Amazon and Talen plan to explore building small modular reactors (SMRs) and expanding existing nuclear power generation [4][8] Group 3: Future Developments - The expansion of existing power plants is seen as a more feasible method to increase nuclear energy output [5] - Amazon has invested in an SMR startup, X-energy, which aims to add 300 megawatts of nuclear capacity in the Pacific Northwest and Virginia [8] - The goal of these initiatives is to add new energy to the PJM grid, addressing potential regulatory concerns [9]

Key Takeaways WPC increased its quarterly dividend by 1.1%, now paying 90 cents per share. Nearly all base rent stems from leases with contractual hikes, boosting cash flow stability. WPC holds $2B in liquidity and has repaid half of debt maturing through 2026.W.P. Carey (WPC) recently announced a 1.1% hike to its dividend. WPC will now pay a quarterly cash dividend of 90 cents per share, up from 89 cents paid in the prior quarter. The increased amount will be paid out on July 15 to shareholders on record ...

Core Insights - Rivian has developed its advanced driver assistance system (ADAS) called the Rivian Autonomy Platform (RAP), which features a more powerful computing system tailored for current and future models [1][4] Group 1: Rivian Autonomy Platform (RAP) - RAP provides Level 2+ autonomy, assisting drivers with alerts and interventions without taking full control of the vehicle [2] - The platform includes Driving Assist features like Highway Assist, Adaptive Cruise Control, and Lane-Change Assistance, as well as Active Safety Assist features aimed at accident prevention [3] - The second-generation R1 platform has significantly upgraded RAP, utilizing a revamped perception system with 55-megapixel cameras and onboard processing power exceeding 200 trillion operations per second [4][9] Group 2: Competitive Landscape - Other automakers, including Toyota and Waymo, are also advancing their autonomous vehicle platforms, with Toyota and Waymo exploring a collaboration to develop a new autonomous vehicle platform [5][6] - Tesla continues to lead in autonomous vehicle development with its Full Self-Driving (FSD) system, which builds on existing Autopilot features [6] Group 3: Financial Performance - Rivian has outperformed the Zacks Automotive-Domestic industry year-to-date, with RIVN shares gaining 4.6% compared to the industry's decline of 18.3% [7] - Rivian appears undervalued with a forward price/sales ratio of 2.47, lower than the industry's 2.64 [11] - The Zacks Consensus Estimate for 2025 and 2026 EPS has seen a slight downward revision for 2025 by 3 cents, while an upward revision of 2 cents for 2026 [12]

Key Takeaways QGEN is expanding key platforms with FDA-cleared panels and new digital PCR assay launches. Strategic deals with Eli Lilly, AstraZeneca, and others are fueling QGEN's diagnostic innovations. QGEN maintains solid solvency, with $638.8M in cash and just $56M in current debt as of Q1 2025.QIAGEN N.V. (QGEN) is well-poised to grow in the upcoming quarters, courtesy of substantial investment in research and development (R&D) for the menu expansion of its key platforms. Expanding through partnersh ...

Core Viewpoint - Iovance Biotherapeutics, Inc. faces a class action lawsuit following a significant decline in its financial performance and misleading statements regarding its business operations and revenue guidance [1][2][3]. Financial Performance - For Q1 2025, Iovance reported total product revenue of $49.3 million, down from $73.7 million in the previous quarter, indicating a decline of approximately 33% [2]. - The company revised its full fiscal year 2025 revenue guidance from a range of $450 million - $475 million to $250 million - $300 million, representing a reduction of over 40% at the midpoint [2]. Lawsuit Details - The class action lawsuit alleges that Iovance made materially false and misleading statements and failed to disclose adverse facts about its business, including delays in treatment timelines at new Authorized Treatment Centers (ATCs) and inefficiencies in patient identification and selection [3]. - The complaint highlights that these issues led to increased costs and lower revenue, contradicting the company's positive statements about its operations and prospects [3]. Legal Action - Investors who purchased Iovance securities during the specified Class Period (May 9, 2024, to May 8, 2025) have until July 14, 2025, to file a lead plaintiff motion in the class action lawsuit [1][4].

International Business Machines TodayIBMInternational Business Machines$278.37 -2.66 (-0.95%) 52-Week Range$167.23▼$283.06Dividend Yield2.41%P/E Ratio43.43Price Target$250.31Add to WatchlistMarkets have staged a fierce rally in the last month, led by typical tech giants like NVIDIA, Meta Platforms, Microsoft, and… wait, is that IBM’s music? Yes, International Business Machines Corp. NYSE: IBM has been one of the biggest winners lately and is riding a 10-day winning streak. However, this rally has actually ...

Key Takeaways ALL is benefiting from rising auto renewals, strong margins and a digital transformation strategy. BRK.B's insurance arm drives growth, backed by solid pricing, underwriting, and more than $100B in cash. ALL outperforms BRK.B on return on equity, despite higher debt and geographic concentration risk.Improved pricing, rising climate-related risks and rapid digitalization are poised to shape the insurance industry's trajectory in 2025. While insurers continue to face exposure to catastrophe lo ...

Key Takeaways TEM signed a $200M three-way deal with AZN and Pathos to build a multimodal oncology foundation model. The partnership lifts TEM's total remaining contract value to over $1B as of April 2025. TEM also expanded ties with ILMN to advance molecular profiling across all major disease areas.ForTempus AI (TEM) , expanding partnerships with existing customers across each of its product lines is key to its growth. In April 2025, the AI-driven precision medicine company extended its collaboration wit ...

Key Takeaways CALM's Q3 shell egg sales hit 331.4M dozen, up 10.2% year over year on strong seasonal demand. Year-to-date volume reached 971.2M dozen eggs, marking a 17% increase over the prior-year period. Capacity expansion and biosecurity efforts are expected to support continued production growth in 2025.Cal-Maine Foods, Inc. (CALM) , the largest producer and distributor of fresh shell eggs in the United States, sold a record 331.4 million dozen shell eggs in the third quarter of fiscal 2025 (ended Ma ...