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Metals Group and Member Companies to Showcase at Vancouver Resource Investment Conference 2026
TMX Newsfile· 2026-01-24 01:30
Edmonton, Alberta--(Newsfile Corp. - January 23, 2026) - Metals Group is pleased to announce that its member companies will be exhibiting at the Vancouver Resource Investment Conference (VRIC) 2026, taking place January 25-26, 2026, at the Vancouver Convention Centre, West Building.Representatives from Metals Group and its portfolio of resource companies will be on hand at Booth 528 throughout the conference, engaging with investors, partners, and industry stakeholders to share insights on their respective ...
Heritage Commerce Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heritage Commerce Corp - HTBK
Prnewswire· 2026-01-24 01:27
Core Viewpoint - The proposed sale of Heritage Commerce Corp to CVB Financial Corp is under investigation to assess whether the transaction adequately values Heritage and the process leading to this valuation is appropriate [1]. Group 1: Transaction Details - Heritage Commerce Corp shareholders will receive 0.6500 shares of CVB common stock for each share of Heritage they own as part of the proposed transaction [1]. Group 2: Legal Investigation - Kahn Swick & Foti, LLC is investigating the proposed sale to determine if the consideration offered undervalues Heritage Commerce Corp [1]. - The firm is inviting shareholders who believe the transaction undervalues the company to discuss their legal rights regarding the proposed sale [2].
Udemy Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Udemy, Inc. - UDMY
Prnewswire· 2026-01-24 01:26
Group 1 - The proposed sale of Udemy, Inc. to Coursera, Inc. involves Udemy shareholders receiving 0.800 shares of Coursera common stock for each share of Udemy owned [1] - Kahn Swick & Foti, LLC is investigating whether the proposed transaction adequately values Udemy and the process leading to this valuation [1] - The law firm is seeking to determine if the consideration offered to Udemy shareholders is sufficient or if it undervalues the company [1]
Buy General Motors or Tesla Stock as Q4 Results Approach?
ZACKS· 2026-01-24 01:25
Core Viewpoint - Anticipation is building for Q4 earnings reports from General Motors (GM) and Tesla (TSLA), with concerns over a decline in EV sales due to the expiration of the $7,500 federal tax credit [1][2] General Motors (GM) - GM sold 25,219 EVs in Q4 2025, down from 43,982 in Q4 2024, but achieved a record total of 169,887 EVs sold in 2025, marking a 48% increase from 2024 [3] - GM's total vehicle sales increased by 5.5% in 2025 to 2.8 million [3] - Q4 sales are expected to be $44.68 billion, a 6% decrease from $47.71 billion in the prior year, but Q4 EPS is projected to rise 15% to $2.21 from $1.92 [5] - The Zacks ESP indicates GM could exceed earnings expectations, with the most accurate estimate for Q4 EPS at $2.37, 7% above the Zacks Consensus [6][7] - Full-year EPS for FY25 is expected to dip 2% to $10.33, but FY26 EPS is forecasted to rise 16% to $12.00 [12][14] - GM stock has a Zacks Rank 1 (Strong Buy) and is considered undervalued at 6X forward earnings [15] Tesla (TSLA) - Tesla sold 418,227 EVs in Q4 2025, down from 495,570 in Q4 2024, with total vehicle sales dropping 8% to 1.63 million from 1.78 million [4] - Q4 sales are expected to fall 2% to $25.11 billion compared to $25.71 billion in the prior year, with EPS projected to drop 40% to $0.44 from $0.73 [10] - The Zacks ESP suggests Tesla could also surpass earnings expectations, with the most accurate estimate for Q4 EPS at $0.46, 3% above the Zacks Consensus [10][11] - FY25 EPS estimates have fallen 33% to $1.61, while FY26 EPS is projected to stabilize and rise 37% to $2.20 [12] - Tesla shares have a Zacks Rank 4 (Sell) due to a concerning EPS revision trend and a high P/E valuation of 200X [15] Investment Outlook - Despite Tesla's advancements in energy and autonomous vehicle production, GM is viewed as the safer investment option at this time, with both companies expected to beat Q4 earnings expectations [16]
Destination XL Investor Alert: Kahn Swick & Foti, LLC Investigates Merger of Destination XL Group, Inc. - DXLG
Prnewswire· 2026-01-24 01:24
Core Viewpoint - The proposed merger between Destination XL Group, Inc. and FBB Holdings I, Inc. is under investigation to assess its fairness and adequacy for Destination XL shareholders [1]. Group 1: Merger Details - Upon completion of the merger, Destination XL shareholders will hold 45% of the combined entity [1]. Group 2: Legal Investigation - Kahn Swick & Foti, LLC is conducting an investigation into the merger process to determine its fairness to shareholders [1].
United Security Bancshares Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of United Security Bancshares - UBFO
Prnewswire· 2026-01-24 01:24
Core Viewpoint - The proposed sale of United Security Bancshares to Community West Bancshares is under investigation to assess whether the transaction adequately values United Security Bancshares [1] Group 1: Transaction Details - Shareholders of United Security Bancshares will receive 0.4520 shares of Community West Bancshares for each share they own in United [1] Group 2: Legal Investigation - Kahn Swick & Foti, LLC is investigating the adequacy of the proposed transaction and the process leading to it [1] - The firm is open to discussions regarding legal rights related to the proposed sale without obligation or cost to interested parties [2]
Diamond Hill Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diamond Hill Investment Group, Inc. - DHIL
Prnewswire· 2026-01-24 01:23
Core Viewpoint - The proposed sale of Diamond Hill Investment Group, Inc. to First Eagle Investments is under investigation by Kahn Swick & Foti, LLC to assess whether the sale price of $175.00 per share adequately reflects the company's value [1]. Group 1 - The law firm Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti, Jr., is investigating the proposed transaction involving Diamond Hill Investment Group [1]. - Shareholders of Diamond Hill Investment Group are set to receive $175.00 in cash for each share they own as part of the proposed sale [1]. - KSF aims to determine if the proposed sale price undervalues Diamond Hill Investment Group and if the process leading to this valuation was adequate [1].
RBI lines up a big liquidity push amid rupee's slideshow
The Economic Times· 2026-01-24 01:22
System liquidity stood at a daily average surplus of ₹57,120 crore in January so far and at ₹72,549 crore in December. As a percentage of NDTL (net demand and time liabilities), liquidity is at 0.2% in January and was at 0.3% in December. The RBI will conduct an Further, the RBI will also conduct a three-year dollar-rupee buy-sell swap of $10 billion on February 4 and a 90-day variable rate repo operation of ₹25,000 crore on January 30. The $10-billion swap would infuse nearly ₹92,000 crore into the bankin ...
Spanish Regulator Imposes $47 Million Fine on Santander
PYMNTS.com· 2026-01-24 01:22
Regulatory Issues - Banco Santander was fined 40 million euros ($47 million) by Spain's anti-money laundering watchdog, Sepblac, due to past deficiencies in internal processes at its digital unit, Openbank [1][2] - The issues leading to the fine were described as "dating back some years" and have been fully addressed, according to a Santander spokesperson [3] Openbank Operations - Openbank operates in six countries: Spain, Germany, Portugal, the Netherlands, Mexico, and the United States [4] - In October, Santander announced the merger of Openbank with its consumer finance business, planning to operate its European consumer finance businesses under the Openbank brand [5] Market Expansion - Openbank launched in the United States in October 2024, marking a significant expansion of Santander's U.S. consumer banking operations [7] - Openbank surpassed $2 billion in deposits in the U.S. four months after its launch and gained over 100,000 customers in the first six months [8]
Bank holiday today: Are banks closed on 24 January for fourth Saturday? Check full RBI calendar here
MINT· 2026-01-24 01:21
Bank holiday today: Public and private banks in all states across India are closed today for fourth Saturday weekend holiday.Notably, this is a long weekend off (Friday to Monday) in many states, as 23 January was regional holidays in Odisha, Tripura and West Bengal, 24 January is the fourth Saturday, 25 January is a Sunday, and 26 January is Republic Day.Bank holidays: Check full RBI calendar — January 2026Thursday — 1 January – Banks will be closed in Tamil Nadu, West Bengal, Arunachal Pradesh, Sikkim, Tr ...