AIM ImmunoTech Resumes Trading on NYSE American
Globenewswire· 2025-06-17 12:55
Company Overview - AIM ImmunoTech Inc. is an immuno-pharma company focused on the research and development of therapeutics for various cancers, immune disorders, and viral diseases, including COVID-19 [2] - The company's lead product is Ampligen (rintatolimod), a first-in-class investigational drug that acts as a dsRNA and highly selective TLR3 agonist immuno-modulator, showing broad spectrum activity in clinical trials [2] Trading Information - AIM ImmunoTech Inc.'s common stock has resumed trading on the NYSE American under the ticker symbol "AIM" effective June 17, 2025 [1]
EverMark Investment Partners Launches with Support from LPL Strategic Wealth
Globenewswire· 2025-06-17 12:55
Core Insights - LPL Financial LLC has announced that the financial advisory team EverMark Investment Partners has joined its Strategic Wealth Services affiliation model, marking the 50th team to do so [1][6]. Group 1: Team Background and Experience - The EverMark team consists of Matthew Sweeney, John Folsom, and Tanner Carter, with a combined experience of seven decades in the financial industry, and they serve approximately $425 million in advisory, brokerage, and retirement plan assets [1][2][3]. - Nearly half of their clients are multigenerational, indicating a strong client loyalty and long-term relationships [3]. Group 2: Reasons for Joining LPL - EverMark chose LPL's Strategic Wealth Services for its combination of entrepreneurial freedom and comprehensive business support, which is designed to help independent practices thrive [4][6]. - The model offers advisors access to innovative wealth management platforms, simplified pricing, and dedicated support, allowing them to focus on client needs [5][6]. Group 3: Strategic Benefits - The Strategic Wealth model provides a unique blend of independence and support, catering to growth-oriented advisors transitioning from wirehouses [6][7]. - Advisors benefit from a dedicated team for ongoing operations support, including business strategists and marketing partners, enhancing their ability to serve clients effectively [5][8]. Group 4: Company Overview - LPL Financial is one of the fastest-growing wealth management firms in the U.S., supporting over 29,000 financial advisors and managing approximately $1.8 trillion in brokerage and advisory assets [11].
Everyone's Focused On Nvidia - But Credo May Be The Smarter AI Bet
Seeking Alpha· 2025-06-17 12:54
Group 1 - The article highlights the significant impact of AI on the stock market over the past three years, particularly noting Nvidia's rise to a global mega-cap status [1] - The focus of PropNotes is on identifying high-yield investment opportunities for individual investors, simplifying complex concepts, and providing actionable insights for better returns [1] Group 2 - The article does not provide any specific financial data or performance metrics related to companies or the industry [2][3]
Eli Lilly: The Buy Case Gets Stronger (Rating Upgrade)
Seeking Alpha· 2025-06-17 12:46
Since I last wrote about the weight loss giant Eli Lilly and Company (NYSE: LLY ) in April, its price has corrected slightly. This is in stark contrast with the S&P 500 ( SP500 ), which is up byManika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Growth Giants , takes the theme a ...
5 Stocks to Buy Amid Growing Strength in the Business Services Sector
ZACKS· 2025-06-17 12:46
Industry Overview - The U.S. Business Services Sector is supported by strong domestic economic fundamentals, encompassing companies that provide various services such as consulting, staffing, financial transactions, outsourcing, advertising, waste removal, building maintenance, technology services, and auction/valuation services [1] - The sector is mature with stable demand for services, and revenues, income, and cash flows are above pre-pandemic levels. It ranks in the top 25% of the Zacks Sector Rank, indicating expected outperformance over the next three to six months [2] Stock Recommendations - Five business services stocks with favorable Zacks Rank that have shown double-digit returns in the past three months are Duolingo Inc. (DUOL), Cintas Corp. (CTAS), Stantec Inc. (STN), Thomson Reuters Corp. (TRI), and FirstCash Holdings Inc. (FCFS). Each stock carries a Zacks Rank 2 (Buy) [3] Company Highlights Duolingo Inc. (DUOL) - Duolingo operates a mobile learning platform offering courses in 40 languages and provides a digital language proficiency assessment exam [6] - Expected revenue and earnings growth rates for the current year are 33.4% and 55.3%, respectively, with a 10.2% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [7][9] Cintas Corp. (CTAS) - Cintas is benefiting from solid momentum across its segments, with product penetration into existing customers aiding its Uniform Rental and Facility Services segment [8] - Expected revenue and earnings growth rates for the current year are 7% and 10.8%, respectively, with a 1.9% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [10] Stantec Inc. (STN) - Stantec provides professional consulting services in various fields including planning, engineering, architecture, and environmental sciences [11][12] - Expected revenue and earnings growth rates for the current year are 11.1% and 19.5%, respectively, with a 3.2% improvement in the Zacks Consensus Estimate for current-year earnings over the last 30 days [13] Thomson Reuters Corp. (TRI) - Thomson Reuters operates as a content and technology company across multiple regions, providing value-added information and technology in law, tax, accounting, and other fields [14][15] - Expected revenue and earnings growth rates for the current year are 3.2% and 4.2%, respectively, with a 1.3% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [15] FirstCash Holdings Inc. (FCFS) - FirstCash operates retail pawn stores in the U.S., Mexico, and Latin America, providing pawn loans and retail payment solutions [16][17] - Expected revenue and earnings growth rates for the current year are -0.2% and 17.3%, respectively, with a 2.7% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [18]
Buy 5 Gold Stocks for Near-Term Gains on Rising Geopolitical Conflicts
ZACKS· 2025-06-17 12:46
Industry Overview - Gold prices have been on an upward trend, influenced by geopolitical tensions in the Middle East and ongoing conflicts in Ukraine, which have increased demand for gold as a safe-haven investment [1][2] - The World Gold Council indicates a scarcity of gold deposits in the mining industry, while central banks in emerging economies continue to purchase gold, further driving demand [4] - Major investment banks like Goldman Sachs and JP Morgan predict gold prices could reach $4,000 per ounce by 2026, indicating a bullish outlook for the gold market [5] Company Highlights Franco-Nevada Corp. (FNV) - FNV is expected to achieve a 39.6% earnings growth in 2025, with a 3.7% increase in earnings estimates over the last 30 days [8][11] - The company has a debt-free balance sheet and focuses on expanding its portfolio and paying dividends, benefiting from rising gold prices [10] - Expected revenue growth rate for FNV is 32.2% for the current year [11] Newmont Corp. (NEM) - NEM is progressing with growth projects, including the Tanami expansion and the Ahafo North project, which is set to begin commercial production in the second half of 2025 [12][13] - The company has an expected revenue growth rate of 2% and earnings growth rate of 20.1% for the current year, with a 6.6% improvement in earnings estimates over the last 30 days [13] Kinross Gold Corp. (KGC) - KGC is focusing on organic growth through its Tasiast mine and has several promising projects that are expected to enhance production and cash flow [14][15] - The company anticipates a 15.3% revenue growth and a 63.2% earnings growth for the current year, with a 6.7% increase in earnings estimates over the last 30 days [16] AngloGold Ashanti plc (AU) - AU operates in multiple regions and has a flagship property in Tanzania, with an expected revenue growth rate of 51.1% and earnings growth of over 100% for the current year [17][18] - The Zacks Consensus Estimate for current-year earnings has improved by 41.1% over the last 30 days [18] Harmony Gold Mining Co. Ltd. (HMY) - HMY is advancing key projects like the Wafi-Golpu copper-gold deposit and the Eva Copper project, which are expected to enhance production significantly [19][20] - The company has an expected revenue growth rate of 1% and earnings growth of over 100% for the current year, with a 22.2% improvement in earnings estimates over the last 30 days [21]
Cannabix Technologies Receives Notice of Allowance from USPTO for Contactless Breath Analysis
Globenewswire· 2025-06-17 12:45
Core Points - Cannabix Technologies Inc. has received a notice of allowance for its patent application regarding a "Contact-Free Breath Analysis Device and Method" from the United States Patent and Trademark Office [1][3] - The technology involves dual mode contactless and traditional mouthpiece breath capture and analysis, applicable in various environments such as vehicles and workplaces, enabling fast and reliable testing without physical contact [2][3] - This patent application enhances Cannabix's position in breath sampling and detection techniques, contributing to its intellectual property portfolio [3] Company Overview - Cannabix Technologies Inc. specializes in developing marijuana and alcohol breath testing technologies for workplaces and law enforcement, focusing on recent marijuana use detection [4] - The company has developed the BreathLogix autonomous alcohol screening device aimed at improving alcohol safety and monitoring in organizations [4]
Spotify's Daniel Ek leads $694 million investment in defense startup Helsing
CNBC· 2025-06-17 12:41
Helsing uses AI to analyze large amounts of sensor and weapons system data from the battlefield.European defense technology startup Helsing on Tuesday said that it's raised 600 million euros ($693.6 million) in a bumper new round of funding.The investment was led by Prima Materia, the venture capital firm founded by Spotify CEO Daniel Ek and by Shakil Khan, an early investor in the popular music streaming app. Ek is also chairman of Helsing.Existing investors Lightspeed Venture Partners, Accel, Plural, Gene ...
EchoStar (SATS) Moves 49.1% Higher: Will This Strength Last?
ZACKS· 2025-06-17 12:41
EchoStar (SATS) shares ended the last trading session 49.1% higher at $25.11. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 28% loss over the past four weeks.The stock price appreciated after Bloomberg reported that President Donald Trump intervened in a regulatory dispute involving the company’s wireless spectrum licenses. Trump reportedly has urged Chairman of EchoStar and the Chairman of FCC to bring a resolut ...
AITX Restructures Millions in Debt, Targets FY Q2 Profit
Globenewswire· 2025-06-17 12:40
One-Time Accounting Gain Accelerates Path to Sustainable Growth Detroit, Michigan, June 17, 2025 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients, today announced it has restructured and settled over $4.5 million in debt for less than 10% of the debt owed. This decisive action is expected to deliver a significant one-time gain for the current quarter, positioning AITX t ...