Rigel Appoints Michael P. Miller to the Board of Directors
Prnewswire· 2026-02-03 13:05
Core Insights - Rigel Pharmaceuticals has appointed Michael P. Miller to its Board of Directors, bringing over 40 years of experience in the biotechnology and pharmaceutical industries [1][2]. Company Overview - Rigel Pharmaceuticals, Inc. is a biotechnology company focused on discovering, developing, and providing novel therapies for patients with hematologic disorders and cancer [3]. - The company was founded in 1996 and is based in South San Francisco, California [3]. Leadership Appointment - Michael P. Miller's appointment is expected to enhance Rigel's strategic plan, particularly in growing its current portfolio and exploring in-licensing opportunities [2]. - Miller has held significant roles in various companies, including Executive Vice President of U.S. Commercial at Jazz Pharmaceuticals and Senior Vice President at Vivus [2]. Strategic Vision - Miller expressed enthusiasm about joining Rigel, highlighting the company's evolution into a profitable entity with a strong commercial engine that supports a promising development pipeline [3]. - The focus will be on serving more patients with hematologic disorders and cancer, aligning with Rigel's mission [3].
Aptevo Announces Executive Leadership Transitions to Support Next Phase of Growth
Accessnewswire· 2026-02-03 13:05
Clinical progress, pipeline expansion, and operational momentum underpin leadership continuity as the Company advances into 2026 and beyond SEATTLE, WA / ACCESS Newswire / February 3, 2026 / Aptevo Therapeutics Inc. (Nasdaq:APVO), a clinical-stage biotechnology company developing novel immune-oncology therapeutics based on its proprietary ADAPTIRâ"¢ and ADAPTIR-FLEXâ"¢ platform technologies, today announced executive leadership transitions to support the Company's continued execution, drive achievement of l ...
KING GLOBAL Mobilizes for Phase 2 Drill Program on Silver Cord Property
Thenewswire· 2026-02-03 13:05
Core Viewpoint - King Global Ventures Inc. has initiated a Phase 2 diamond drilling program at its Silver Cord Project, aiming to expand on the successful Phase 1 program that confirmed the presence of a polymetallic vein system [1][2]. Group 1: Drilling Program Details - The Phase 2 program will consist of 6 holes from 2 drill pads, totaling up to 6,000 feet of diamond drilling [1]. - The Phase 1 program successfully intersected multiple polymetallic intervals, confirming a polyphase Ag-Pb-Zn-Sb vein system [2]. - A highlight from Phase 1 included an intercept of 9 feet (2.7 meters) at 21.8 ounces (619 grams) per tonne Silver, along with 1.0 g/t Gold, 0.6% Lead, 1.05% Zinc, and 375 g/t Antimony [3]. Group 2: Management Insights - The CEO of King Global Ventures expressed excitement about the Phase 2 drill program and the initial drilling success, indicating the presence of two different polymetallic intervals that require further exploration [4]. Group 3: Qualified Person Review - The scientific and technical information has been reviewed by a Qualified Person, who conducted a comprehensive review of analytical data, geological logs, and drill core photographs from the 2025 Silver Cord drill program [5]. - The Qualified Person confirmed that no material QA/QC issues were identified that would affect the reliability of the assay results [6]. - Geological interpretations presented are consistent with observed drill core and surface mapping, supported by available data at this stage of exploration [7]. Group 4: Other Properties - King Global Ventures is also focused on the Black Canyon Project in Arizona, which covers 4,000 acres and includes 15 former operating mines, targeting copper-gold-silver-zinc mineralization [8]. - The Howard Copper Mine Property, part of the Black Canyon Project, has historical production focused on high-grade copper, with the main shaft sunk to the 900-foot level [9]. - The Mikwam Gold Property in Ontario contains disseminated and vein-hosted gold mineralization associated with quartz-carbonate veins [10].
Lawsuit ALERT: Investors who lost over $100,000 with agilon health, inc. (NYSE: AGL) with purchases between February and August 2025 should contact the Shareholders Foundation
Prnewswire· 2026-02-03 13:05
Core Viewpoint - A lawsuit has been filed against agilon health, inc. (NYSE: AGL) by an investor alleging violations of Federal Securities Laws, with a deadline for affected investors to take action by March 2, 2026 [1][2][3]. Group 1: Lawsuit Details - The lawsuit claims that agilon health, inc. made false and misleading statements regarding its financial guidance for 2025, which the defendants allegedly knew was unattainable due to industry challenges [3]. - The plaintiff asserts that the defendants overstated the positive financial impact of strategic actions taken to mitigate risks, leading to materially false representations about the company's business and prospects [3]. Group 2: Investor Information - Investors who purchased shares of agilon health, inc. between February 26, 2025, and August 4, 2025, and invested over $100,000 are encouraged to contact the Shareholders Foundation for assistance [2][4]. - The Shareholders Foundation provides legal monitoring and settlement claim filing services related to shareholder issues, but it is not a law firm [4].
Does Dover Corp. (DOV) Have a Long Runway for Growth?
Yahoo Finance· 2026-02-03 13:04
Core Viewpoint - Diamond Hill Capital's "Large Cap Fund" investor letter for Q4 2025 highlights a cautious stance on AI-driven market enthusiasm while emphasizing the attractiveness of fundamentally stable, high-quality, cash-generative businesses [1]. Market Overview - Equity markets showed upward momentum in Q4 2025, with the Russell 1000 Value Index increasing by 3.8% - The information technology sector rose by 11%, and communication services increased by 9%, primarily driven by optimism surrounding AI [1]. Fund Performance - The Diamond Hill Large Cap Fund returned 1.41% in Q4 2025, underperforming the Russell 1000 Value Index's 3.8% return [1]. Company Focus: Dover Corporation - Dover Corporation (NYSE:DOV) was highlighted as a new addition to the fund, recognized as a leading diversified industrial company with a market capitalization of $28.435 billion [2]. - Dover Corporation's stock closed at $207.32 per share on February 2, 2026, with a 1.88% return over the past month and a 2.17% increase over the past twelve months [2]. Strategic Transition of Dover Corporation - Dover Corporation is undergoing a transition from a merger-and-acquisition-focused holding company to an execution-focused operating company, which is expected to lead to continued margin expansion [3]. - Recent portfolio adjustments have increased Dover's exposure to higher growth end markets, and cyclical headwinds are anticipated to subside after years of sluggish growth [3]. - The stock is currently trading at a significant discount to the estimated intrinsic value, prompting the initiation of a position in the company [3]. Hedge Fund Interest - Dover Corporation is not among the 30 most popular stocks among hedge funds, with 55 hedge fund portfolios holding the stock at the end of Q3 2025, up from 47 in the previous quarter [4]. - While acknowledging Dover's potential, the company believes certain AI stocks may offer greater upside potential with less downside risk [4].
Zadara Empowers Kocho with Streamlined VMware Alternative to Eliminate Complexity and Multi-Tenant AI Clouds Powered by NVIDIA GPUs to Enable Efficient Sovereign AI Clouds
Globenewswire· 2026-02-03 13:04
Core Insights - Kocho has partnered with Zadara to enhance its cloud infrastructure, focusing on cybersecurity, identity, and cloud transformation services to meet increasing client demands and adapt to market changes [1][4] Group 1: Strategic Shift and Infrastructure - Kocho is transitioning from traditional infrastructure to a consumption-based, OPEX-driven cloud model with Zadara, reducing upfront capital investments and allowing for scalable resource management [2] - The collaboration with Zadara addresses challenges such as rising licensing costs and infrastructure complexity, providing a viable alternative to VMware [2] Group 2: Benefits of Partnership - Zadara's distributed edge cloud offers performance, data sovereignty, and real-time AI processing without data egress fees, enabling Kocho to focus on application development [3] - Clients of Kocho benefit from improved agility, faster service delivery, and secure data residency, supported by Zadara's advanced architecture and multi-tenancy capabilities [3] Group 3: Zadara's Capabilities - Zadara operates over 500 edge cloud locations globally, providing a cloud infrastructure that supports various use cases, including sovereign cloud and AI inference [5] - The platform features consumption-based pricing with zero data egress fees, designed to accommodate workloads across on-premises, hybrid, multi-cloud, or edge environments [5] Group 4: Company Background - Kocho specializes in Microsoft cloud technology, cybersecurity, and managed services, serving a diverse range of clients from mid-market organizations to large enterprises across various sectors [7][8] - Zadara is headquartered in Irvine, California, and offers 24/7 support with a skilled global team [6]
Rambus, Fabrinet, NXP Semiconductors And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session - Axalta Coating Systems (NYSE:AXTA), C3is (NASDAQ:CISS)
Benzinga· 2026-02-03 13:03
U.S. stock futures were mostly higher this morning, with the Nasdaq 100 futures gaining around 100 points on Tuesday.Shares of Rambus Inc (NASDAQ:RMBS) fell sharply in pre-market trading after the company reported fourth-quarter financial results and issued first-quarter sales guidance with its midpoint below estimates.Rambus reported quarterly earnings of 68 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $190.200 million which beat the analyst consensus es ...
Maestra.io Ends 2025 as the Fastest-Growing Competitor to Klaviyo, Expanding Its US Customer Base +144%
Globenewswire· 2026-02-03 13:03
Core Insights - Maestra reported a significant expansion in its US customer base, growing 144% year-over-year in 2025, primarily driven by sectors such as apparel, sports, furniture, and home goods [1] - The company increased its workforce by 61% year-over-year to enhance innovation, customer support, and accelerate project launches [1] Customer Results - Maestra introduced new product features in 2025, including a native loyalty app for Shopify, checkout and post-checkout widgets, and improved integrations [2] - The company launched AI tools and added support for RCS and WhatsApp, along with enhancements like a URL shortener and improved user experience for SMS/email campaigns [3] Compliance and Community Engagement - In 2025, Maestra achieved SOC 2 Type II certification and added HIPAA compliance, enhancing its enterprise readiness [3] - The company actively participated in the DTC ecosystem through various conferences and trade shows, including Shoptalk and eTail [4] In-House Events - Maestra successfully hosted its first online event, DTC Coffee Hour, featuring discussions with industry leaders [5] Company Overview - Maestra is an all-in-one ecommerce personalization platform that helps direct-to-consumer brands increase conversions by over 15% through site, product, and price personalization [6] - The platform is utilized by notable brands such as Quiksilver, JBL, and L'Oréal, setting a new standard in DTC marketing technology [7] Customer Success Stories - Urban Armor Gear reduced marketing costs by 64% by consolidating its marketing stack with Maestra [7] - Sena achieved 2.2 times revenue growth after switching to Maestra [7] - Selkirk improved Meta Ads return on ad spend by 2.6 times using Maestra's dynamic product cards [7] - JOLYN experienced a 17% total revenue growth through marketing transformation with Maestra [7] - Enlightened Equipment reported a 52.5% increase in total revenue after replacing Klaviyo with Maestra [7] - Coolibar unlocked 33.6% more campaign effectiveness after switching to Maestra [7]
5 ex-Dell employees are suing the company, alleging mismanagement of its retirement plan and saying it cost workers $318 million
Business Insider· 2026-02-03 13:03
Core Viewpoint - Five former Dell employees are suing the company for allegedly mismanaging its 401(k) retirement plan, resulting in significant financial losses for employees [1][2]. Group 1: Allegations of Mismanagement - The lawsuit claims that Dell and its retirement plan managers failed to monitor and replace underperforming investment options, leading to "massive underperformance" and a loss of over $318 million for the plan and its participants [2][4]. - The plaintiffs argue that the selection and monitoring process of the investment funds was incompetent, contributing to the fund's underperformance [4]. Group 2: Impact on Employees - Dell's 401(k) plan serves approximately 63,000 current and former employees, holding about $14.6 billion in assets as of 2024 [4]. - The lawsuit seeks to recover losses for plan participants and calls for changes in the management of Dell's retirement plan, including the removal of individuals who breached their fiduciary duties [5]. Group 3: Context of Similar Lawsuits - Lawsuits regarding 401(k) mismanagement are not uncommon, with past cases resulting in settlements, such as UnitedHealth's $69 million settlement in 2015 for similar allegations [6].
Truist launches AI-enabled receivables platform to accelerate cash application and minimize exceptions
Prnewswire· 2026-02-03 13:03
New solution unifies payments data, centralizes receivables and automates reconciliation to improve cash visibility and reduce manual work CHARLOTTE, N.C., Feb. 3, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced a new integrated receivables platform that uses AI and machine learning to help commercial and corporate clients simplify receivables and improve cash visibility. The solution matches payments to invoices across checks and electronic rails, unifies payment and remittanc ...