FSM Buys 15% of Awale Resources to Boost Cote d'Ivoire Exploration
ZACKS· 2025-06-12 17:21
Core Insights - Fortuna Mining Corp. (FSM) has acquired 15,037,593 common shares of Awalé Resources Limited, securing a 15% stake, which aligns with its long-term growth strategy to enhance its exploration pipeline in Côte d'Ivoire [1][7] - The acquisition was made through a non-brokered private placement at a price of $0.399 per share, totaling $6 million [2][7] Strategic Portfolio Optimization - FSM has been actively optimizing its portfolio, recently closing the sale of its interest in Roxgold Sanu and three other subsidiaries to Soleil Resources International Ltd., resulting in no longer holding a stake in the Yaramoko Mine [3] - In April 2025, FSM sold its non-core San Jose mine in Mexico, and with the sale of Yaramoko, it will cease operations in Burkina Faso, focusing on its Séguéla mine in Côte d'Ivoire, Lindero mine in Argentina, Caylloma mine in Peru, and Diamba Sud Gold Project in Senegal [4][5] - The decision to sell the Yaramoko mine was influenced by its limited remaining life and challenging operating conditions, providing additional liquidity to focus on strategic objectives [5] Financial Performance - Following the recent transactions, FSM's first-quarter cash and short-term investments have exceeded $380 million, with liquidity surpassing $530 million, and approximately $50 million in capital being reallocated [5] - FSM's shares have appreciated by 41% over the past year, significantly outperforming the industry average growth of 1.4% [6]
Sensata Technologies, Inc. Data Breach Exposes Personal Information: Murphy Law Firm Investigates Legal Claims
GlobeNewswire News Room· 2025-06-12 17:18
Core Points - Sensata Technologies, Inc. experienced a data breach that compromised the personal and confidential information of thousands of current and former employees [2][4] - The breach occurred between March 28, 2025, and April 6, 2025, when cybercriminals infiltrated Sensata's computer systems [2] - The exposed information includes names, Social Security numbers, financial account information, payment card information, tax identification numbers, driver's license numbers, medical information, health insurance information, passport numbers, dates of birth, and addresses [5] Legal Actions - Murphy Law Firm is investigating claims on behalf of individuals affected by the data breach and is evaluating legal options, including a potential class action lawsuit [1][3] - The firm specializes in data breach class actions and has a track record of securing favorable recoveries for clients [4]
Dover Boosts Pumps & Process Solutions Portfolio With SIKORA Buyout
ZACKS· 2025-06-12 17:16
Key Takeaways Dover acquires Germany-based SIKORA to expand its Pumps and Process Solutions segment. SIKORA will join DOV's MAAG unit, boosting its presence in the wire, cable and plastics industries. Cross-selling potential and demand from electrification trends support SIKORA's growth outlook.Dover Corporation (DOV) announced that it closed the previously stated acquisition of SIKORA AG. The deal aligns with Dover’s strategy of adding highly complementary businesses within its high-priority platforms th ...
O vs. VICI: Which Net Lease REIT Offers Safer Income in 2025?
ZACKS· 2025-06-12 17:16
Key Takeaways VICI offers longer leases, 100% occupancy and CPI-linked rent escalators for inflation protection. Realty Income's portfolio spans 15,627 global properties, with 91% retail rent from non-discretionary sectors. VICI earns majority of rent from creditworthy tenants and is diversifying into non-gaming assets.Net lease REITs, which lease properties under agreements where tenants are responsible for property taxes, insurance and maintenance, appeal to income-focused investors due to their predict ...
GTT: Main terms and conditions of the share buy-back programme
Globenewswire· 2025-06-12 17:16
GAZTRANSPORT ET TECHNIGAZSociété anonyme with a share capital of €371,177.72Registered office: 1 route de Versailles – 78470 Saint-Rémy-lès-Chevreuse, France662 001 403 R.C.S. Versailles Main terms and conditions of the share buy-back programme in accordance with the conditions and obligations set by Articles 241-1 and seq. of the General Regulations of the Autorité des marchés financiers (AMF) Implementation of the share buy-back programme authorised by the Combined Shareholders’ meeting on June 11, 2025 I ...
The Gross Law Firm Notifies UroGen Pharma Ltd. Investors of a Class Action Lawsuit and Upcoming Deadline – URGN
GlobeNewswire News Room· 2025-06-12 17:16
NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of UroGen Pharma Ltd. (NASDAQ: URGN). Shareholders who purchased shares of URGN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/urogen-pharma-ltd-loss-submission-form/?id=152607&from=3 CLASS PERIOD: July 27, ...
Jensen Huang's charitable foundation balloons on Nvidia stock gains
CNBC· 2025-06-12 17:15
In this articleNVDANvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas on Jan. 6, 2025.Steve Marcus | ReutersA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Nvidia's soaring stock price has supercharged CEO Jensen Huang's fortunes – as well as his charitable giving.Over the past f ...
Iovance Biotherapeutics, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before July 14, 2025 to Discuss Your Rights – IOVA
GlobeNewswire News Room· 2025-06-12 17:15
NEW YORK, June 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Iovance Biotherapeutics, Inc. (NASDAQ: IOVA). Shareholders who purchased shares of IOVA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/iovance-biotherapeutics-inc-loss-submission-form/?id=152606&from=3 C ...
Boeing Stock Drops After Dreamliner Crash, Just Weeks Following 15-Month High
Benzinga· 2025-06-12 17:14
Just days after soaring to a 15-month high, Boeing Co. BA is facing harsh headwinds. The stock fell more than 5% on Thursday following reports that a Dreamliner 787-8 carrying more than 200 passengers crashed shortly after takeoff near Ahmedabad, India.The tragic event has rattled investor confidence and reignited safety concerns that Boeing had worked hard to put behind it.Chart created using Benzinga ProMomentum Was Building On All FrontsBoeing had been riding a major comeback story. After years of supply ...
NBPE - Result of AGM
Globenewswire· 2025-06-12 17:14
NB Private Equity Partners Announces the Results of the Annual General Meeting St Peter Port, Guernsey 12 June 2025 NB Private Equity Partners Limited (the “Company”) is pleased to announce that at the Annual General Meeting of its Class A Shareholders held at 1.45 p.m. on 12 June 2025, each of the Resolutions tabled were duly passed without amendment. All resolutions as set out in the Notice of AGM, of which resolutions 1-10 were proposed as ordinary resolutions and resolutions 11 and 12 were proposed as ...