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Positron Corporation Announces New Corporate Headquarters and Strategic Redomiciling to Delaware
GlobeNewswire News Room· 2025-08-22 13:15
Company Overview - Positron Corporation is a leader in molecular imaging technology and services, specializing in cardiac Positron Emission Tomography (PET) imaging, which is considered the gold standard in cardiac diagnostics [4][5]. - The company co-develops, manufactures, and sells advanced PET and PET-CT imaging systems and clinical services to nuclear medicine healthcare providers across North America [4]. Recent Developments - Positron has established a new corporate headquarters in the Buffalo-Niagara Falls region under a long-term lease, which will house corporate operations and serve as a product showroom and testing center [2]. - The new headquarters is expected to support Positron's accelerated growth initiatives, enhance customer engagement, and provide new operational capabilities for faster scaling of the Company's PET-CT imaging solutions nationwide [2]. Corporate Strategy - The Board of Directors has approved the redomiciling of the Company from Texas to Delaware, aimed at enhancing corporate governance and legal framework [3]. - This move is part of Positron's preparation to file a Form 10 registration statement with the U.S. Securities and Exchange Commission to become a fully reporting public company [3]. Product and Market Position - Positron's Attrius® PET and NeuSight PET-CT imaging systems provide substantial advantages that facilitate the adoption of cardiac PET and the growth of the nuclear imaging market [6]. - The company plans to introduce a state-of-the-art PET-CT 4D molecular imaging device, the Affinity PET-CT 4D 64-Slice, which will enhance the capabilities of nuclear cardiologists and meet the demands of the oncology imaging segment [6]. Commitment to Innovation - Positron is dedicated to expanding the cardiac and oncology PET modality by delivering advanced technology and value to imaging specialists [7]. - The company continues to advance its technology through collaboration with Shenyang Intelligent Neuclear Technology Co., a subsidiary of Neusoft Medical Systems [7].
Acquisition of Additional Equity Interest in St. James Gold Corp.
GlobeNewswire News Room· 2025-08-22 13:15
Core Viewpoint - Florin Resources Inc. has completed a transaction with St. James Gold Corp. involving the release of escrow shares and the issuance of treasury shares, resulting in a significant increase in the shareholder's ownership percentage in the issuer [2][3]. Group 1: Transaction Details - On August 21, 2025, Florin Resources Inc. received 850,000 common shares from escrow and an additional 3,157,896 common shares at a deemed price of $0.095 per share as part of the Final Settlement Agreement [7][10]. - The transaction settled an indebtedness of approximately $1,213,500 under secured promissory notes issued by St. James Gold Corp. to Florin Resources Inc. [10]. Group 2: Shareholder Ownership Changes - Prior to the transaction, the shareholder held 2,850,000 shares, representing about 10.23% of the total issued shares on a non-diluted basis [3]. - After the transaction, the shareholder's total ownership increased to 6,857,896 shares, which is approximately 18.11% of the total issued shares on a non-diluted basis [3][5]. Group 3: Future Intentions - The shareholder may increase or decrease their ownership in the issuer's securities in the future, depending on market conditions and other factors [3][4].
Dominari Holdings Announces Record Date for Cash Dividend
Prnewswire· 2025-08-22 13:15
NEW YORK, Aug. 22, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) is pleased to announce that its board of directors has authorized a special cash dividend of, in the aggregate, approximately $5 million, or $0.22 per share. The dividend is expected to be payable on or around September 26, 2025, to DOMH's shareholders and certain DOMH warrant holders (on an as-exercised basis) of record as of the close of business on September 3, 2025.For additional information about Dominari Holdings Inc., pleas ...
Tariffs aren't dealing a huge blow to big retailers and consumers — yet. Here are key earnings takeaways
CNBC· 2025-08-22 13:14
In this articleTGTHDWMTCustomer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida in the on August 5, 2025.JC Milhet | AFP | Getty ImagesAs some of the biggest names in retail, including Walmart and Home Depot, delivered earnings results in recent weeks, they updated Wall Street on how they and their shoppers are responding to President Donald Trump's wave of tariff increases.The takeaway?Tariff costs are rising for retailers, and they've had to get creative to avoid widespre ...
How Cisco Is Building a New Growth Story for Investors
MarketBeat· 2025-08-22 13:12
Core Viewpoint - Cisco Systems has reported strong earnings and a confident outlook for fiscal year 2026, driven by three distinct growth engines that are reshaping the company's future [1][2]. Group 1: Financial Performance and Projections - Management anticipates revenue between $59 billion and $60 billion for fiscal year 2026, with non-GAAP earnings per share projected to be between $4.00 and $4.06 [2]. - Cisco's stock price forecast is $74.53, indicating an 11.20% upside based on 24 analyst ratings, with a current price of $67.02 [7]. Group 2: AI Infrastructure Growth - Cisco secured over $2 billion in AI-related orders in fiscal year 2025, doubling its original target of $1 billion, highlighting its success in the AI infrastructure market [3]. - The company's product orders in the Service Provider and Cloud customer segment surged 49% year-over-year in the fourth quarter, reflecting strong demand [4]. Group 3: Business Model Transformation - Cisco's shift towards high-margin software and services is supporting its AI-driven growth, with total subscription revenue now accounting for 54% of its total revenue [8]. - The integration of the acquisition of Splunk has led to a 14% year-over-year increase in new logos, expanding Cisco's market reach in cybersecurity and observability [9]. Group 4: Core Business and Upgrade Cycle - A major multi-year upgrade cycle is underway in enterprise and campus networking, driven by the launch of Cisco's Catalyst 9000 "smart switches" [11]. - The need for network modernization is being fueled by the deployment of AI applications, requiring more power, speed, and security [12]. Group 5: Investment Profile - Cisco offers a reliable 2.45% dividend yield with a payout ratio of 43.2% of cash flow, indicating strong sustainability and room for future increases [21]. - The company's P/E ratio is approximately 25.56, providing a reasonable entry point compared to many high-valuation AI stocks [21].
BJ's Wholesale Club (BJ) Q2 Earnings Top Estimates
ZACKS· 2025-08-22 13:10
Company Performance - BJ's Wholesale Club reported quarterly earnings of $1.14 per share, exceeding the Zacks Consensus Estimate of $1.1 per share, and showing an increase from $1.09 per share a year ago, resulting in an earnings surprise of +3.64% [1] - The company posted revenues of $5.38 billion for the quarter ended July 2025, which was 1.51% below the Zacks Consensus Estimate, but an increase from $5.21 billion year-over-year [2] - Over the last four quarters, BJ's has surpassed consensus EPS estimates four times, but has not beaten consensus revenue estimates during the same period [2] Stock Performance - BJ's shares have increased approximately 18.8% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [3] - The current consensus EPS estimate for the upcoming quarter is $1.11 on revenues of $5.4 billion, and for the current fiscal year, it is $4.29 on revenues of $21.61 billion [7] Industry Outlook - The Consumer Products - Staples industry, to which BJ's belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of BJ's stock may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]
Intuit Earnings: A Justified Reaction, But Not A Trend-Setting Event
Seeking Alpha· 2025-08-22 13:06
Group 1 - Vladimir Dimitrov, CFA has extensive experience in brand and intangible assets valuation, particularly in technology, telecom, and banking sectors [1] - He has worked with some of the largest global brands during his career in London [1] - Dimitrov is focused on identifying reasonably priced businesses that possess sustainable long-term competitive advantages [1]
4 Medical Devices Behemoths to Buy Amid Extensive AI Applications
ZACKS· 2025-08-22 13:06
Key Takeaways Boston Scientific leverages AI in heart diagnostics, arrhythmia mapping and coronary imaging.Johnson & Johnson integrates AI in robotic surgery, digital analytics and connected operating rooms.GE HealthCare and Tempus AI advance AI-powered imaging, precision medicine and clinical decision tools.Rising demand for precision and personalized medicine has significantly augmented the need for artificial intelligence (AI)-enabled medical devices to deliver highly individualized diagnostics and treat ...
Barrick Mining's Gold Output Rebounds: Can Momentum Build Ahead?
ZACKS· 2025-08-22 13:06
Key Takeaways Barrick Mining's Q2 gold output rose 5% to 797,000 ounces after a weak first quarter.Nevada Gold Mines and Pueblo Viejo fueled production gains with double-digit growth.Production is expected to be 54% weighted in the second half, peaking in the fourth quarter.Barrick Mining Corporation (B) saw higher gold production in the second quarter, delivering 797,000 ounces, a 5% increase from the prior quarter. This follows a 30% sequential decline in the first quarter to 758,000 ounces, the lowest qu ...
Zoom Communications delivers beat and raise for Q2
Proactiveinvestors NA· 2025-08-22 12:59
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...