NEW YORK, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), relating to the proposed merger with Decoy Therapeutics, Inc. Under the terms of the agreement, Salarius stockholders would own approximatel ...

Market Overview - The Saudi Arabia Heavy-Duty Trucks Market was valued at USD 8.15 Billion in 2024 and is expected to reach USD 11.89 Billion by 2030, growing at a CAGR of 6.50% [1] - The market is driven by infrastructure development, economic diversification, and growth in e-commerce and logistics [1][8][14] Growth Drivers - Increasing investment in infrastructure projects, including new cities, roads, and bridges, is a primary growth driver [1] - Expansion of logistics and freight sectors due to rising e-commerce and transportation demand [2] - Economic diversification under Vision 2030, focusing on non-oil sectors like manufacturing, tourism, and logistics [9] Emerging Trends - Shift towards fuel-efficient and environmentally friendly vehicles driven by government sustainability initiatives [4] - Adoption of technology in telematics, fleet management, and autonomous driving to enhance operational efficiency [5] Regional Insights - The Northern and Central region is the dominant market for heavy-duty trucks, driven by Riyadh's commercial and industrial activities [18] - This region serves as a key transportation corridor, connecting eastern, western, and southern parts of Saudi Arabia [19] Market Segmentation - The market is segmented by tonnage type, class, fuel type, application type, and region [12][17] - Key fuel types include gasoline, diesel, electric, and alternative fuels [17] - Applications include construction and mining, freight and logistics, and other sectors [17] Key Players - Major companies in the market include Mercedes-Benz Group AG, MAN Truck & Bus SE, AB Volvo, ISUZU MOTORS INTERNATIONAL FZE, Hyundai Motor Company, PACCAR Inc, Tata Motors Limited, Hino Motors Ltd, Mitsubishi Fuso Truck and Bus Corporation, and Ford Middle East [17] Challenges - Rising cost of raw materials impacting truck manufacturing prices [6] - Workforce shortages in skilled labor for maintenance and repair services [6] - Slow adoption of electric heavy-duty trucks due to high costs and limited charging infrastructure [7]

NEW YORK, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Edible Garden AG Incorporated (Nasdaq: EDBL), relating to the proposed merger with Narayan d.o.o. Under the terms of the non-binding letter of intent, in consideration for 100% of the sha ...

Noodles & Company (NDLS) reported preliminary, unaudited sales results for the fiscal fourth quarter ending Dec. 31, 2024. The company saw a notable improvement in sales compared with the third quarter of fiscal 2024.NDLS exceeded the performance of the BlackBox Fast Casual Index in sales and customer traffic. Comparable sales growth showed consistent acceleration throughout the quarter.Preliminary Q4 Sales Performance of NDLSFor the fourth quarter of fiscal 2024, Noodles & Company reported a 0.8% year-over ...

Shares of Blueprint Medicines (BPMC) rallied 18.2% on Monday driven by investor enthusiasm following the company’s announcement of its 2025 corporate outlook and growth strategy, highlighting plans to build on its established R&D and commercial expertise.Blueprint’s commercial portfolio only comprises its lead drug Ayvakit (avapritinib), an inhibitor of KIT and PDGFRA proteins, which was initially approved in the United States and the EU to treat gastrointestinal stromal tumors in 2020. Later, the drug’s la ...

Stocks making new highs tend to make even higher highs, particularly when a company’s outlook remains positive.And recently, several stocks, including Deckers Outdoor (DECK) , United Airlines (UAL) , and Tapestry (TPR) , have displayed bullish momentum, with shares of each hovering at all-time highs.Below is a chart illustrating the performance of each over the last three months, with the S&P 500 blended in as a benchmark.Image Source: Zacks Investment ResearchAll three sport a favorable Zacks Rank, reflect ...

CEO Transition - Hormel Foods CEO James Snee plans to retire at the end of fiscal 2025 after 36 years with the company, including 8 years as CEO [1][2] - A search committee has been formed to identify Snee's successor [1] - Snee will remain with the company as a strategic advisor for 18 months following his departure [1] Financial Outlook - Hormel Foods maintains its fiscal 2025 outlook, projecting full-year net sales of $11.9 billion to $12.2 billion [2] - The company expects earnings per share (EPS) of $1.51 to $1.65 for fiscal 2025 [2] Stock Performance - Hormel Foods shares were down 1% on Tuesday morning [2] - The company's stock has declined approximately 6% over the past year [2]

Company Performance - Shares of Signet Jewelers (SIG) plunged 22% after the company cut its guidance due to weak holiday demand [1] - Signet's preliminary same-store sales for the 10 weeks ending Jan 11 were down about 2% [1] - The company lowered its fourth-quarter sales estimate to $2.32 billion to $2.335 billion from the previous outlook of $2.38 to $2.46 billion [2] - Signet sees same-store sales down 2.5% to 2.0%, reduced from the earlier prediction of flat to 3% higher [2] - Signet Jewelers shares sank to their lowest level since October 2022 [3] Market Trends - Fashion gifting underperformed as consumers gravitated to lower price points even more than anticipated in a continued competitive environment [2][4] - Merchandise margin rose less than expected due to lower fashion mix and a stronger customer response to promotional items [2] Financial Impact - Signet Jewelers reported weak holiday sales and cut its fourth-quarter guidance, sending shares tumbling more than 20% [4]

Litgrid AB company code 302564383, registered office address Karlo Gustavo Emilio Manerheimo st. 8, Vilnius, Lithuania. The Board of Litgrid AB approved the Litgrid strategy 2035. Since 22nd December 2010, Litgrid shares are listed on the Nasdaq Vilnius Stock Exchange's supplementary trading list. 97.5% of the shares of Litgrid are listed on the stock exchange. Litgrid's shares are owned by the energy transmission and exchange group EPSO-G, 100% of which is owned by the Ministry of Energy of the Republic ...

Merger Announcement - United Rentals Inc proposes to acquire H&E Equipment Services Inc for $92 per share in cash [1] Law Firm Background - Monteverde & Associates PC is a national class action securities firm with offices in the Empire State Building [2] - The firm has a successful track record in trial and appellate courts including the US Supreme Court [2] - Monteverde & Associates has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report [1] Investigation Details - Monteverde & Associates is investigating H&E Equipment Services Inc regarding the proposed merger with United Rentals Inc [1] - The firm is offering free consultation and information to shareholders of H&E Equipment Services Inc [3]