PRGO Investors Have Opportunity to Lead Perrigo Company plc Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-11-22 01:38
Core Viewpoint - Perrigo Company plc is facing a class action lawsuit for securities fraud due to alleged false and misleading statements regarding its baby formula business acquired from Nestlé, which suffered from underinvestment and required significant additional expenditures to address operational issues [5]. Summary by Sections Class Action Lawsuit - The Schall Law Firm is reminding investors of a class action lawsuit against Perrigo for violations of the Securities Exchange Act of 1934 [1]. - Investors who purchased Perrigo's securities between February 27, 2025, and November 4, 2025, are encouraged to contact the firm before January 16, 2026 [2]. Allegations Against Perrigo - The complaint alleges that Perrigo made false and misleading statements to the market regarding the state of its baby formula business, which required substantial investments beyond initial cost estimates to rectify its issues [5]. - The company's public statements were deemed false and materially misleading throughout the class period, leading to investor damages when the truth was revealed [5]. Legal Representation - The Schall Law Firm specializes in securities class action lawsuits and is representing investors globally [6].
Praxis Precision Medicines, Inc. (PRAX) Presents at Jefferies London Healthcare Conference 2025 Transcript
Seeking Alpha· 2025-11-22 01:33
Core Insights - The company is experiencing significant developments, particularly following a successful readout for essential tremor studies, with a filing anticipated early in the year [1] - Progress is being made on several epilepsy assets, including the DEE program with relutrigine, targeting rare indications SCN2A and 8A [1] - An interim analysis for the ongoing study is currently being conducted in Q4, with expectations for positive results leading to an NDA filing for the indication [1] Company Developments - The company is pleased with its progress but maintains a humble outlook despite recent successes [1] - Recruitment for the larger study, referred to as EMERALD, is ongoing and is expected to yield results next year [1] - The company is optimistic about the interim analysis and its implications for future regulatory filings [1]
Why Smart Money Is Secretly Loading Up on This Hidden Gem
The Motley Fool· 2025-11-22 01:33
Investors should pay attention to this under-the-radar favorite among smart money stocks.Celestica (CLS 0.79%) has become an increasingly favored investment by smart money, with $6.32 billion in institutional inflows and $4.28 billion in institutional outflows over the last 12 months. Large funds, including Viking Global Investors, Divisadero Street, Balyasny , and Lazard, have dramatically increased their stakes in the stock in the third quarter of 2025. Here's why smart money seems to like this stock.Gro ...
Canadian National Railway Company (CNR:CA) Presents at The Scotiabank Transportation & Industrials Conference Transcript
Seeking Alpha· 2025-11-22 01:23
Group 1 - The article does not provide any specific content or key points related to a company or industry [1]
Enviri Corporation Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enviri Corporation - NVRI
Businesswire· 2025-11-22 01:22
Core Viewpoint - Kahn Swick & Foti, LLC is investigating the proposed sale of Enviri Corporation's Clean Earth to Veolia Environnement SA, focusing on whether the cash consideration of $14.50 - $16.50 per share adequately reflects the company's value [1]. Summary by Relevant Sections - **Proposed Transaction Details** - Enviri Corporation shareholders are set to receive cash consideration between $14.50 and $16.50 for each share owned in the proposed sale to Veolia Environnement SA [1]. - **Investigation Purpose** - The investigation aims to determine the adequacy of the cash consideration and the process that led to this valuation, assessing whether it undervalues Enviri Corporation [1].
AstraZeneca CEO Pascal Soriot goes one-on-one with Jim Cramer
Youtube· 2025-11-22 01:22
Core Viewpoint - AstraZeneca has committed to investing $50 billion in U.S. production and R&D by 2030, with a recent announcement of a $2 billion investment in Maryland to expand biologics manufacturing facilities [2][7][20]. Investment and Expansion - The $2 billion investment includes expanding an existing biologics manufacturing facility and constructing a new clinical manufacturing unit in Maryland [2][5]. - This investment is part of a broader $50 billion commitment to enhance U.S. manufacturing and R&D capabilities over the next five years [7][20]. Job Creation - The construction of the new facilities is expected to create approximately 2,600 jobs, including positions for highly skilled scientists, technicians, engineers, and construction workers [6][5]. Financial Performance - AstraZeneca's share price has increased by 15% over the past year, reflecting positive market sentiment and strong performance in oncology [7][19]. - The company aims to achieve $80 billion in revenue by 2030, with half of that revenue expected to come from the U.S. market [19][20]. Clinical Development and Innovation - AstraZeneca has a strong portfolio in breast cancer treatments, with promising data presented at recent oncology conferences [9][10]. - The company is actively investing in various disease areas, including hypertension, with recent successful phase three results for a new drug [21][22]. Strategic Positioning - AstraZeneca is transitioning to a listing on the New York Stock Exchange to enhance visibility and accessibility for U.S. investors [19][21]. - The company is focused on balancing the need to reduce drug prices while maintaining its leadership in biopharmaceutical innovation [16][18].
Metalero Mining (MLO) Announces Extension of Private Placement
Newsfile· 2025-11-22 01:20
Core Viewpoint - Metalero Mining Corp. is extending its price protection for a non-brokered private placement to December 9, 2025, to complete subscriptions for its Offering [1] Group 1: Offering Details - The Offering consists of up to 1,428,572 flow-through units priced at $0.21 per unit, each unit includes one flow-through common share and one common share purchase warrant [2] - Each warrant allows the holder to purchase an additional non flow-through common share at a price of $0.26 for two years from issuance [2] - The first tranche of the Offering closed on October 21, 2025, with the sale of 952,381 flow-through units [2] Group 2: Use of Proceeds - Proceeds from the Offering will be utilized to support the Fall 2025 exploration work at the Benson Project, including further sampling and ground geophysics [3] Group 3: Tax Implications - All flow-through shares offered qualify as "flow-through shares" under the Income Tax Act (Canada), and qualifying individuals under the BC Tax Act will have these expenditures qualify as "BC flow-through mining expenditures" [4] Group 4: Conditions and Approvals - The Offering is subject to conditions including necessary approvals from the TSX Venture Exchange, and all securities issued will have a hold period of four months and a day after the closing date [5] Group 5: Company Overview - Metalero Mining Corp. is a Canadian junior exploration company focused on copper and gold projects in North America, with its flagship Benson Project covering 166 square kilometers and hosting five prospects containing gold and copper [7]
Disney Stock Has Struggled. One Solution: Go Big on Cruise Ships.
Barrons· 2025-11-22 01:16
Core Viewpoint - The media and entertainment conglomerate is expanding its cruise fleet, which serves as a positive focal point for investors amid challenges such as competition, rising expenses, and inflation [1] Group 1 - The company is adding to its cruise fleet, indicating a strategic move to enhance its market position [1] - Investors view the expansion of the cruise fleet positively, suggesting potential growth opportunities [1] - The cruise industry faces challenges including increased competition and rising operational costs [1]
Trump and NYC's new socialist mayor call for Con Edison to lower rates, causing stock drop
Fox Business· 2025-11-22 01:15
Core Insights - President Trump and New York City Mayor-elect Zohran Mamdani discussed affordability issues, particularly focusing on lowering electricity prices in New York City, which negatively impacted Consolidated Edison’s stock [1][2][4][9]. Company Overview - Consolidated Edison, known as Con Ed, is the primary utility provider in New York City, serving over 3 million customers [4]. - The company acknowledged the importance of affordability and expressed willingness to collaborate with the Mayor-elect on solutions to make New York more affordable [8]. Stock Performance - Following the comments made by Trump and Mamdani, Con Ed's stock experienced a decline, opening at $101.48, reaching a high of $103.28, but dropping to a low of $99.55, ultimately closing at $100.16, down 0.78% for the day [9]. - Despite the recent drop, Con Ed shares are up approximately 13% for the year [10]. Voter Sentiment - A Fox News Voter Poll indicated that 55% of New York City voters consider the cost of living the most pressing issue, with Mamdani receiving significant support from those concerned about affordability [13][14].
Starting Monday, every data point will be scrutinized, says Jim Cramer
Youtube· 2025-11-22 01:14
Market Trends - The traditional expectation of a Thanksgiving week rally is being challenged as market dynamics shift, with sellers no longer taking time off during the holiday [1][3] - Automated trading systems are now dominating market behavior, responding to various metrics without regard for human sentiment or holiday schedules [2] Market Performance - The Dow Jones Industrial Average experienced a significant increase, gaining 493 points, while the S&P 500 rose by 0.8% [2] - The NASDAQ saw an impressive advance of 8.88% [3] Market Analysis - The upcoming week will see a continuation of rigorous analysis of data points, research, and earnings, similar to any regular trading week, despite the holiday [4]