Workflow
Daré Bioscience Announces Adjournment of Annual Meeting of Stockholders
Globenewswire· 2025-06-12 21:00
Core Points - Daré Bioscience, Inc. convened its 2025 annual meeting of stockholders but adjourned it due to a lack of quorum, with plans to reconvene on July 9, 2025 [1][2] - Stockholders who have already submitted proxies or voted do not need to vote again, as their submissions will remain valid [3] - The company emphasizes the importance of voting for stockholders who have not yet participated, providing instructions for online and telephone voting [4] Company Overview - Daré Bioscience is a biopharmaceutical company focused on women's health, aiming to address unmet needs through innovative solutions [8] - The company has developed products such as XACIATO™, a vaginal gel for bacterial vaginosis, and is working on other candidates like Ovaprene® and Sildenafil Cream for various women's health issues [9][10] - Daré's leadership has received recognition for contributions to innovation and advocacy in women's health [11]
LGI Homes Launches New Premier Master Planned Community at Magnolia Woods
Globenewswire· 2025-06-12 21:00
Core Insights - LGI Homes is launching a new master-planned community named Magnolia Woods in Magnolia, Texas, featuring over 1,300 single-family homesites [1][2] - The community will offer homes under both LGI Homes and Terrata Homes brands, catering to a diverse range of buyer needs [4][10] - Magnolia Woods is strategically located near major employers and amenities, enhancing its appeal to potential homeowners [2][13] Company Overview - LGI Homes, headquartered in The Woodlands, Texas, has been a pioneer in the homebuilding industry since 2003, closing over 75,000 homes and achieving profitable results annually [14] - The company is recognized for its quality construction and customer service, earning accolades such as being named to Newsweek's list of the World's Most Trustworthy Companies [14] Community Features - Magnolia Woods will include various onsite amenities such as Flower Patch Park, a dog park, and integrated walking trails, enhancing the lifestyle for residents [11] - The community will provide access to high-quality education through the Magnolia ISD school system, with Magnolia High School being notably recognized [12] Market Context - Montgomery County, where Magnolia Woods is located, is the 7th-fastest growing county in the U.S., with a population growth of nearly 5% year-over-year [2] - The proximity to The Woodlands, recognized as one of the best job markets in the U.S., positions Magnolia Woods favorably for attracting new residents [2]
Air India crash: What to know about the first fatal Boeing Dreamliner tragedy
CNBC· 2025-06-12 20:56
Company Overview - Air India was operating a Boeing 787-8 Dreamliner, which is a popular twin-aisle jet used for longer routes, with its first flight in December 2013 and handed over to Air India in January 2014 [2] - As of the incident, Air India had 34 Dreamliners in service and planned to order at least 20 more [3] Incident Details - The crash occurred seconds after takeoff from Ahmedabad, India, with 242 people on board, resulting in all but one person being killed [1] - Preliminary data indicated that the aircraft lost signal less than a minute after takeoff, reaching a maximum altitude of 625 feet [4] - The aircraft crashed into a residential area, and there were reports of additional fatalities on the ground [5] Investigation Insights - Investigators will examine the black boxes, maintenance records, pilots' maneuvers, and weather conditions to determine the cause of the crash [6][7] - The investigation will be led by the country where the incident occurred, with participation from Boeing and GE Aerospace [8] Manufacturing Concerns - There have been previous manufacturing and quality concerns regarding Dreamliners, but experts do not immediately link these issues to the recent crash [9][10] - Boeing faced allegations of taking shortcuts in production, but the company denied these claims [11] Impact on Boeing - The impact on Boeing will depend on the outcome of the crash investigation, although demand for new planes remains robust [14] - Wolfe Research noted that they do not foresee significant direct impacts on Boeing's financial performance, but the incident may affect momentum until clarity is achieved [14][15] - Boeing has 900 more Dreamliner orders, indicating continued demand despite the incident [15]
Top Goldman Sachs banker Todd Eagle quits real estate team
New York Post· 2025-06-12 20:53
Core Insights - Todd Eagle, a prominent real estate banker at Goldman Sachs, has left the firm to join Jefferies as the US head of real estate banking [1][2] - Eagle's departure marks a significant shift in the real estate banking landscape, as he has been a key figure at Goldman Sachs for over three decades [3][5] Company Transition - Eagle's name has been removed from Goldman Sachs' internal staff directory, indicating his official exit from the firm [1] - He will report to Michael Bluhm at Jefferies, who oversees global real estate, gaming, and lodging [2] Career Background - Todd Eagle has a long history with Goldman Sachs, having first joined as an analyst in 1990 and later becoming a managing director [3][5] - He has previously left Goldman twice, once for business school and again to focus on real estate investments, before returning to the firm [5] - Eagle has extensive experience advising on mergers, acquisitions, and financing opportunities in the real estate sector, particularly during his time in London [6]
FOBI AI Inc. Announces Closing of the Sale of German Subsidiary
Globenewswire· 2025-06-12 20:53
Core Points - Fobi AI Inc. has completed the sale of its wholly owned German subsidiary, Fobi AI Germany GmbH, to a third-party purchaser for a total of EUR 1,540,000 [1][2] - The transaction includes a cash purchase price of EUR 1,400,000 and an additional EUR 140,000 paid on behalf of Fobi by the purchaser [2] - Fobi has been granted a non-exclusive, worldwide, irrevocable license to use the "Passcreator Software" for a payment of EUR 140,000, with a term of 48 months [3] Company Overview - Fobi AI Inc. is an AI and data intelligence company founded in 2017 in Vancouver, Canada, focusing on digital transformation and customer data monetization [5] - The company serves various sectors including retail, insurance, sports, and entertainment, and is recognized as a leader in technology and data intelligence in North America and Europe [6]
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Organon
GlobeNewswire News Room· 2025-06-12 20:53
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Organon & Co. due to misleading statements regarding its capital allocation strategy, particularly concerning quarterly dividends and debt reduction following the acquisition of Dermavant [3][5]. Group 1: Legal Investigation and Class Action - A federal securities class action has been filed against Organon, with a deadline of July 22, 2025, for investors to seek the role of lead plaintiff [3]. - Investors who purchased Organon securities between October 31, 2024, and April 30, 2025, are encouraged to discuss their legal rights with Faruqi & Faruqi [1][3]. Group 2: Financial Impact and Stock Performance - Organon’s stock price experienced a significant decline, dropping from $12.93 per share on April 30, 2025, to $9.45 per share on May 1, 2025, representing a decrease of over 27% in one day [6]. - The misleading statements regarding capital allocation led to shareholders purchasing securities at artificially inflated prices, which contributed to the stock's sharp decline [5]. Group 3: Company’s Capital Allocation Strategy - Defendants provided positive reassurances about Organon's commitment to regular quarterly dividends as a "1 capital allocation priority" while concealing the prioritization of debt reduction [5]. - The company’s decision to reduce the regular quarterly dividend by 70% was not disclosed to investors, impacting their investment decisions [5].
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Red Cat Holdings
GlobeNewswire News Room· 2025-06-12 20:50
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Red Cat To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Red Cat between March 18, 2022 and January 15, 2025 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, June 12, 2025 (GLOBE NEWSWIRE) -- Faruqi ...
RCKT INVESTOR ALERT: Rocket Pharmaceuticals, Inc. Investors with Substantial Losses Have Opportunity to Lead the Rocket Pharmaceuticals Class Action Lawsuit
Prnewswire· 2025-06-12 20:48
SAN DIEGO, June 12, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) securities between February 27, 2025 and May 26, 2025, inclusive (the "Class Period"), have until August 11, 2025 to seek appointment as lead plaintiff of the Rocket Pharmaceuticals class action lawsuit. Captioned Ho v. Rocket Pharmaceuticals, Inc., No. 25-cv-10049 (D.N.J.), the Rocket Pharmaceuticals class action lawsuit charges Rocket Pharmaceutica ...
RCAT INVESTOR DEADLINE: Red Cat Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-06-12 20:45
SAN DIEGO, June 12, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Red Cat Holdings, Inc. (NASDAQ: RCAT) securities between March 18, 2022 and January 15, 2025, both dates inclusive (the "Class Period"), have until Tuesday, July 22, 2025 to seek appointment as lead plaintiff of the Red Cat class action lawsuit.  Captioned Olsen v. Red Cat Holdings, Inc., No. 25-cv-05427 (D.N.J.), the Red Cat class action lawsuit charges Red Cat and certain of ...
Besra Gold Inc. Addresses Statements Made by Quantum Metal Recovery Inc., Calls Them Misleading
Newsfile· 2025-06-12 20:43
Besra Gold Inc. Addresses Statements Made by Quantum Metal Recovery Inc., Calls Them MisleadingJune 12, 2025 4:43 PM EDT | Source: Besra Gold Inc.Besra Gold Inc. issues the following statement:Quantum has demonstrated a pattern of flagrant disregard of corporate and securities lawsQuantum and its nominees have not articulated any plan for advancing Besra'sobjectives or furthering shareholder interestsQuantum's attempts to remove independent directors risk irrevocable destruction ofshareholder ...