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May 5, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against MRVI
GlobeNewswire News Room· 2025-04-28 16:40
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI). Shareholders who purchased shares of MRVI 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/maravai-lifesciences-holdings-inc-loss-submission-form/?id=14 ...
The Gross Law Firm Reminds Rocket Lab USA, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 28, 2025 – RKLB
GlobeNewswire News Room· 2025-04-28 16:40
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rocket Lab USA, Inc. (NASDAQ: RKLB). Shareholders who purchased shares of RKLB 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/rocket-lab-usa-inc-loss-submission-form/?id=145081&from=3 CLASS PERIOD: Nove ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of June 3, 2025 in Everus Construction Group, Inc. Lawsuit – ECG
GlobeNewswire News Room· 2025-04-28 16:39
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Everus Construction Group, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions during a specified class period [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from October 31, 2024, to February 11, 2025 [3]. - Allegations include that the company’s backlog conversion cycle has become elongated due to larger, more complex projects, leading to delayed revenue recognition [3]. - The complaint asserts that the defendants' positive statements about the company's business and prospects were materially misleading and lacked a reasonable basis [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by June 3, 2025, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Flagstar Financial Q1 Loss Narrower Than Expected, Revenues Dip Y/Y
ZACKS· 2025-04-28 16:35
Flagstar Financial, Inc. (FLG) reported a first-quarter 2025 loss per share of 23 cents, narrower than the Zacks Consensus Estimate of a loss of 26 cents. It had incurred a loss of 75 cents in the year-ago quarter.The results were primarily affected by a decline in net interest income (NII), along with lower loan and deposit balances. However, a rise in fee income and lower expenses acted as a tailwind.The results excluded certain non-recurring items. After considering these, the net loss available to commo ...
International Paper Set to Report Q1 Earnings: What's in Store?
ZACKS· 2025-04-28 16:35
Core Viewpoint - International Paper Company is set to report its first-quarter 2025 results on April 30, following the acquisition of DS Smith, which is expected to significantly enhance its financial performance compared to the previous year [1][2]. Financial Performance Expectations - The Zacks Consensus Estimate for International Paper's first-quarter revenues is $6.61 billion, reflecting a 43.1% increase from the same quarter last year [3]. - Earnings estimates have decreased by 16.7% over the past 60 days to 35 cents per share, indicating a 106% year-over-year increase from 17 cents reported in the previous year [3]. - The company has a history of earnings surprises, beating estimates in three of the last four quarters with an average surprise of 41.5% [5]. Segment Performance Insights - EMEA Packaging volumes are projected to reach 2,452 thousand short tons in Q1 2025, a significant increase from 340 thousand tons in Q1 2024, with revenues expected at $2.44 billion [7]. - North American Packaging Solutions is anticipated to see year-over-year volume increases in various categories, with revenues estimated at $3.79 billion for the quarter [8][9]. - Overall, Industrial Packaging segment volumes are projected at 6,165 thousand short tons, indicating a 54.5% year-over-year rise, with revenues expected to be $6.2 billion, reflecting a 62.9% increase [10]. Operating Profit Projections - The Industrial Packaging segment's operating profit is expected to surge by 73% to $373 million, with North American Packaging Solutions projected at $285 million and EMEA Packaging at $87.7 million [11]. Global Cellulose Fibers Segment - The Global Cellulose Fibers segment is expected to report volumes of 622 thousand metric tons, a 14.7% year-over-year decline, with revenues estimated at $608 million, down 13.6% from the previous year [12]. Stock Performance - International Paper's stock has increased by 39.1% over the past year, outperforming the industry average growth of 23.6% [14].
Veralto to Post Q1 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-04-28 16:35
Veralto Corporation (VLTO) is scheduled to release first-quarter 2025 results on April 30, before market open.VLTO’s earnings surprise history has been encouraging. It surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average beat being 6.7%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)VLTO’s Q1 ExpectationsThe Zacks Consensus Estimate for revenues is pegged at $1.3 billion, suggesting a 3% rise from the year-ago quarter’s actual. VLTO’s strong po ...
Amcor to Report Q3 Earnings: Here's What to Expect for the Stock
ZACKS· 2025-04-28 16:35
Amcor Plc (AMCR) is scheduled to report third-quarter fiscal 2025 results on April 30, after the closing bell.The Zacks Consensus Estimate for AMCR’s fiscal third-quarter revenues is pegged at $3.51 billion, indicating 2.9% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at 18 cents per share. The consensus estimate indicates in-line results with the year-ago quarter. The estimate has moved down 5.3% in the past 60 days.  Image Source: Zacks Investment Research AMCR’s ...
IBM joins Apple, Nvidia with pledge to invest $150B in US for computer manufacturing
New York Post· 2025-04-28 16:35
Core Viewpoint - IBM plans to invest $150 billion in the US over the next five years, focusing on quantum computer production and supporting local manufacturing initiatives [1][3] Investment Commitment - The investment includes over $30 billion specifically for expanding US manufacturing of quantum computers and mainframes, which are essential for handling large data and critical applications [3] - This announcement aligns with similar commitments from other tech giants like Nvidia and Apple, each pledging approximately $500 billion in the US over the next four years [1][6] Industry Context - Analysts interpret these spending commitments as strategic moves to appease the Trump administration amid concerns over tariffs that could disrupt supply chains and increase costs for the technology sector [2][4] - Recent advancements in quantum computing, such as new chips from Google's Alphabet, have heightened interest in the field, although there is uncertainty regarding the timeline for practical applications [5][8] Financial Overview - IBM reported cash and cash equivalents of $14.8 billion as of December 31, with capital expenditures of $1.13 billion last year and total expenses amounting to $29.75 billion [9]
Intel's Turnaround Narrative Falters Amid Structural Challenges
Seeking Alpha· 2025-04-28 16:34
I've long been skeptical about Intel Corporation’s (NASDAQ: INTC ) turnaround prospects. This quarter only reinforced that view: while Intel managed a short-term revenue beat, the underlying trends — margin pressure, competitive weaknesses, and operational complexity — remain largely intact. The story continues to be oneI'm a full-time analyst and portfolio manager of a technology fund with 5 years of experience. I graduated in Mechanical Engineering from the Federal University of Rio de Janeiro (Brazil) an ...
Perpetua Resources Corp. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before May 20, 2025 to Discuss Your Rights – PPTA
GlobeNewswire News Room· 2025-04-28 16:34
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Perpetua Resources Corp. (NASDAQ: PPTA). Shareholders who purchased shares of PPTA 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/perpetua-resources-corp-loss-submission-form/?id=145075&from=3 CLASS PER ...