Maplebear Set to Join S&P MidCap 400; Enovis to Join S&P SmallCap 600
Prnewswire· 2025-01-07 23:19
NEW YORK, Jan. 7, 2025 /PRNewswire/ -- Maplebear Inc. (NASD: CART) will replace Enovis Corp. (NYSE: ENOV) in the S&P MidCap 400, and Enovis will replace Arch Resources Inc. (NYSE: ARCH) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, January 14. S&P SmallCap 600 constituent CONSOL Energy Inc. (NYSE: CEIX) is acquiring Arch Resources in a deal expected to be completed soon, pending final closing conditions. Following completion of the merger, CONSOL Energy will be renamed Core N ...
USA Rare Earth Successfully Produces Its First Sintered Rare Earth Magnets
GlobeNewswire· 2025-01-07 23:16
Company Milestone - USA Rare Earth successfully produced its first batch of sintered permanent rare earth magnets at its new Innovations Lab in Stillwater, Oklahoma [1] - The Innovations Lab, once fully commissioned, will produce prototype rare earth magnets to support customer sales, product quality management, and advancements in rare earth magnet production [2] - The company plans to begin producing customer prototypes soon and aims to start commercial production at its manufacturing facility in 2026 [3] Industry Context - China currently dominates the global rare earth magnet market, creating vulnerabilities for U.S. industries and national security [3] - Rare earth magnets are essential for applications in defense (e.g., missile guidance systems, radar), automotive (e.g., electric vehicles, hybrid vehicles), renewable energy (e.g., wind turbines), and electronics (e.g., consumer electronics, medical devices) [7] Business Strategy - USA Rare Earth is building a vertically integrated domestic rare earth element magnet production supply chain [4] - The company is constructing a NdFeB magnet manufacturing facility in Stillwater, Oklahoma, and controls mining rights to the Round Top heavy rare earth and critical minerals deposit in West Texas [4] - The Round Top deposit contains significant deposits of heavy rare earths, such as dysprosium, terbium, gallium, and beryllium, among other critical minerals [4] Corporate Development - USA Rare Earth entered into a Business Combination Agreement with Inflection Point Acquisition Corp. II on August 21, 2024, which will result in the combined company becoming publicly traded [3] - Inflection Point Acquisition Corp. II is a special purpose acquisition company (SPAC) focused on partnering with North American and European businesses in disruptive growth sectors [6] Applications of Rare Earth Magnets - Rare earth magnets are critical for a wide range of industries, including defense, automotive, aviation, industrial, medical, and consumer electronics [4]
Sezzle Inc. Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire· 2025-01-07 23:15
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Jan. 07, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sezzle Inc. (“Sezzle” or “the Company”) (Nasdaq: SEZL) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Sezzle investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney Lesley ...
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Capri Holdings
GlobeNewswire· 2025-01-07 23:12
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Capri To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Capri between August 10, 2023 and October 24, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Jan. 07, 2025 (GLOBE NE ...
ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Xerox Holdings Corporation Investors to Secure Counsel Before Important January 21 Deadline in Securities Class Action - XRX
GlobeNewswire News Room· 2025-01-07 23:12
Class Action Lawsuit Overview - Rosen Law Firm reminds purchasers of Xerox Holdings Corporation securities between January 25, 2024, and October 28, 2024, of the January 21, 2025, lead plaintiff deadline [1] - Purchasers during the Class Period may be entitled to compensation without out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and investors can join by visiting the provided link or contacting Phillip Kim, Esq [3][6] Details of the Case - Defendants allegedly made false and/or misleading statements and/or failed to disclose key issues during the Class Period [5] - Xerox's salesforce was reorganized after a large workforce reduction, leading to disrupted productivity and lower sell-through rates of older products [5] - The difficulties in clearing older products delayed the launch of key products, resulting in lower sales and revenue [5] - Defendants' positive statements about Xerox's business, operations, and prospects were allegedly materially misleading or lacked a reasonable basis [5] Rosen Law Firm's Credentials - Rosen Law Firm specializes in securities class actions and shareholder derivative litigation, representing global investors [4] - The firm achieved the largest securities class action settlement against a Chinese company at the time and has recovered hundreds of millions of dollars for investors [4] - In 2019 alone, the firm secured over $438 million for investors [4] - Rosen Law Firm has been ranked in the top 4 for securities class action settlements each year since 2013 and was ranked No 1 by ISS Securities Class Action Services in 2017 [4] Next Steps for Investors - Investors can join the class action by submitting a form online or contacting the provided phone number or email [3][6] - No class has been certified yet, and investors are not represented by counsel unless they retain one [7] - Investors may choose to remain absent class members or select their own counsel [7]
Capri Holdings Limited Investors: Please contact the Portnoy Law Firm to recover your losses. February 21, 2025 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2025-01-07 23:11
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Jan. 07, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Capri Holdings Limited ("Capri" or the "Company") (NYSE: CPRI) investors of a class action representing investors that bought securities between August 10, 2023 and October 24, 2024, inclusive (the "Class Period"). Capri investors have until February 21, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F ...
Chevron: Why I Agree With The Crowd On This One
Seeking Alpha· 2025-01-07 23:09
My last analysis on Chevron stock (NYSE: CVX ) was published about 3 months ago (on 10-22-2024 to be exact) by Seeking Alpha. That article was titled "Chevron Vs. XLE: The Energy GiantAs you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If you share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas.We have helped our members not only to beat S&P 500 but also avoid heavy drawdow ...
Methode Electronics, Inc. Investors: Company Investigated by the Portnoy Law Firm
GlobeNewswire· 2025-01-07 23:09
Legal Investigation - The Portnoy Law Firm has initiated an investigation into possible securities fraud involving Methode Electronics Inc and may file a class action on behalf of investors [1] - Investors who lost money on their investment in Methode are encouraged to contact the law firm to discuss their legal rights and options for recovering losses [2] Financial Performance - Methode Electronics reported its 3Q2024 financial results, with the Automotive Segment generating $139 7 million in net sales and incurring an $11 million operating loss [3] - The company withdrew its previous guidance due to operational challenges at its Monterrey facility and stated that prior guidance should no longer be relied upon [3] Legal Proceedings - Following the financial results announcement, Methode Electronics and certain executives were sued in a securities class action for allegedly failing to disclose material information and violating federal securities laws [4] - The lawsuit is ongoing and investors can visit the law firm's website for more information and to submit transaction details [4]
TomTom Traffic Index 2025
GlobeNewswire· 2025-01-07 23:00
TomTom unveils data-driven insights from over 450 billion miles driven in 2024 AMSTERDAM, Jan. 07, 2025 (GLOBE NEWSWIRE) -- TomTom (TOM2), the location technology specialist, today releases the 14 edition of its TomTom Traffic Index, an annual report that provides a unique overview on global traffic trends. This yearâs edition features 500 cities across 62 countries on 6 continents, making it the most robust and complete analysis ever, made available to any observer. The TomTom Traffic Index uses unified me ...
Cassava Sciences, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; February 10, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-01-07 22:59
Attorney Advertising Please visit our website to review more information and submit your transaction information. Investors can contact the law firm at no cost to learn more about recovering their losses The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. LOS ANGELES, Jan. 07, 2025 (GLOBE NEWSWIRE) -- The ...