Wedgemount Resources Announces Missed Semi-Annual Convertible Debenture Interest Payment
Thenewswire· 2025-08-25 21:55
Core Points - Wedgemount Resources Corp. is unable to make the semi-annual interest payment of CAD$122,500 on its outstanding CAD$2.45 million, 10% Unsecured Convertible Debentures due in 2028 [1][2] - The missed payment is attributed to unexpected liquidity constraints caused by a shutdown of third-party gas gathering facilities and slower production growth at the Huggy leases, which negatively impacted revenues [2][3] - The CEO of Wedgemount expressed regret over the missed payment and acknowledged the concerns of Debenture holders, noting that the shutdowns forced the company to halt both oil and gas production [3] Company Overview - Wedgemount Resources is a junior oil and gas company focused on maximizing shareholder value through the acquisition, development, and exploitation of oil and gas projects in Texas, USA [4]
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of September 30, 2025 in Novo Nordisk A/S Lawsuit – NVO
GlobeNewswire News Room· 2025-08-25 21:54
Core Viewpoint - A class action securities lawsuit has been filed against Novo Nordisk A/S, alleging securities fraud that negatively impacted investors between May 7, 2025, and July 28, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Novo Nordisk made misleading statements about its growth potential, particularly regarding the compounded GLP-1 market and the likelihood of patients switching to its branded products [2]. - On July 29, 2025, Novo announced a reduction in its sales and profit outlook for the second half of 2025, attributing this to lower growth expectations for its products Wegovy and Ozempic, as well as competition and market expansion issues [2]. - Following this announcement, Novo's stock price plummeted from $69.00 per share on July 28, 2025, to $53.94 per share on July 29, 2025, marking a decline of approximately 21.83% in one day [2]. Group 2: Legal Proceedings - Investors who suffered losses during the specified timeframe have until September 30, 2025, to request appointment as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require investors to incur any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
3 Cheap Stocks That Shouldn't Be This Low
MarketBeat· 2025-08-25 21:52
Core Viewpoint - The article emphasizes the cyclical nature of stock performance and suggests that investors should focus on undervalued stocks that may benefit from a market reversal, particularly in the context of the S&P 500 nearing all-time highs [1][2]. Group 1: American Airlines Group Inc. (AAL) - American Airlines reported a net earnings per share (EPS) of 95 cents, exceeding market expectations of 79 cents by 20% [4]. - The stock is currently trading at $13.00, which is 72% of its 52-week high of $19.10, indicating potential for recovery as market sentiment shifts [3][4]. - The strengthening dollar is expected to enhance consumer purchasing power, potentially boosting discretionary spending on travel [3]. Group 2: First Solar Inc. (FSLR) - First Solar reported an EPS of $3.18, surpassing the expected $2.18, indicating strong earnings performance [6]. - The company is positioned to benefit from recent trade tariffs against China, which have created a supply gap in the solar market [7]. - Analysts forecast an EPS of $5.69 for Q4 2025, which is not yet reflected in the stock price, suggesting upside potential [7][8]. - The price-to-earnings-growth (PEG) ratio of 0.2x indicates that the stock is undervalued relative to its growth prospects, with a target price of $287 per share from Guggenheim analyst Joseph Osha [8]. Group 3: CarGurus Inc. (CARG) - CarGurus is currently priced at $34.11, with a price-to-book (P/B) ratio of 7.8x, significantly higher than the auto sector average of 2.9x, indicating strong market confidence in its future [11][12]. - The company is benefiting from consumer shifts towards used vehicles due to tariffs affecting new car prices, positioning it favorably in the market [11]. - A notable decrease of 11.8% in short interest over the past month suggests a positive sentiment shift among investors [13].
Investors in RxSight, Inc. Should Contact Levi & Korsinsky Before September 22, 2025 to Discuss Your Rights – RXST
GlobeNewswire News Room· 2025-08-25 21:51
Core Viewpoint - A class action securities lawsuit has been filed against RxSight, Inc. alleging securities fraud affecting investors between November 7, 2024, and July 8, 2025 [1][2] Group 1: Allegations - The lawsuit claims that RxSight, Inc. faced "adoption challenges" and structural issues leading to declines in sales and utilization [2] - It is alleged that the defendants overstated the demand for RxSight's products [2] - The company is unlikely to meet its previously issued financial guidance for fiscal year 2025 due to these issues [2] - Positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [2] Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until September 22, 2025, to request to be appointed as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4]
enCore Energy Corp. Hosts Corporate Update
Prnewswire· 2025-08-25 21:49
Core Viewpoint - enCore Energy Corp. has successfully closed a $115 million USD offering of senior unsecured convertible notes, providing the company with long-term capital and flexibility for future operations [2][3] Group 1: Corporate Update - The company will host a corporate update on August 27, 2025, covering current operations in South Texas, the expansion of the Alta Mesa project, and details regarding the recent convertible notes offering [1] Group 2: Convertible Notes Details - The convertible notes have a maturity date of August 15, 2030, and bear a cash interest rate of 5.50% [2][3] - The company has the option to pay the principal in cash, common shares, or a combination thereof upon investor conversions [3] - enCore retains the right to redeem the notes early, compelling conversion if the stock price exceeds $4.28 USD for 20 out of 30 trading days starting August 21, 2028 [3] Group 3: Capped-Call Arrangement - A private capped-call arrangement has been established with leading banks to minimize future dilution from the notes, raising the effective conversion premium from 127.5% to 175% above the closing price prior to the announcement [4] - This strategy allows the company to diversify its investor base and raise capital without immediate dilution until the stock price exceeds approximately $4.52 USD per share [4] Group 4: Company Overview - enCore Energy Corp. is focused on providing clean, reliable, and affordable fuel for nuclear energy, being the only U.S. uranium company with multiple Central Processing Plants in operation [6] - The company utilizes in-situ recovery (ISR) for uranium extraction, a proven technology co-developed by its leadership [6] - Future projects include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming, alongside other non-core assets [7]
Levi & Korsinsky Notifies Fiserv, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – FI
GlobeNewswire News Room· 2025-08-25 21:47
NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fiserv, Inc. ("Fiserv, Inc." or the "Company") (NYSE: FI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fiserv, Inc. investors who were adversely affected by alleged securities fraud between July 24, 2024 and July 22, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fiserv-inc-lawsuit-submission ...
ASHFORD HOSPITALITY TRUST ANNOUNCES STRATEGIC PORTFOLIO SALES
Prnewswire· 2025-08-25 21:45
DALLAS, Aug. 25, 2025 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Company") today announced the completion of the sale of the Hilton Houston NASA Clear Lake in Houston, Texas for $27 million and the sale of the Residence Inn Evansville East in Evansville, Indiana for $6 million.When adjusted for the Company's anticipated capital expenditures, the combined sale price represents a 1.3% capitalization rate on net operating income or a multiple of 45.3 times Hotel EBITDA for the twelve months ...
BitBridge Capital Strategies Introduces the Bitcoin Respect Loan: Empowering Borrowers with Fair, Flexible Bitcoin-Backed Financing
Prnewswire· 2025-08-25 21:43
BOCA RATON, Fla., Aug. 25, 2025 /PRNewswire/ -- BitBridge Capital Strategies (OTC: BTTL), a pioneering American Bitcoin treasury company bridging traditional finance with Bitcoin, today announced the upcoming launch of its flagship lending product, the Bitcoin Respect Loan. In the spirit of its ethos Bitcoin Is Life™ - Bitbridge is excited to provide more details on its innovative loan product. The product is designed to provide borrowers with access to liquidity while maintaining their Bitcoin holdings, of ...
PFLD's Portfolio Breakdown: Exposure To Varied Interest Rate Scenarios
Seeking Alpha· 2025-08-25 21:41
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.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alph ...
XIFR LAWSUIT ALERT: Levi & Korsinsky Notifies XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-08-25 21:41
NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP ("XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP" or the "Company") (NYSE: XIFR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP investors who were adversely affected by alleged securities fraud between September 27, 2023 and January 27, 20 ...