Core Insights - The acquisition of TrueCar by Fair Holdings, Inc. aims to refocus the business on profitability and the evolving landscape of consumer mobility access [1][2] - TrueCar will no longer be publicly traded, and Scott Painter will return as CEO to lead the company [1][6] Business Strategy - TrueCar's core value proposition is to leverage technology to help consumers save time and money in the car-buying process, while also generating sales for dealer partners [2][3] - The partnership with PenFed Credit Union will enhance TrueCar's auto-lending capabilities, offering faster approvals and a simplified digital experience for members [2][3] - TrueCar plans to strengthen its relationships with over 11,500 dealers nationwide, which are central to its long-term strategy [3][5] Transaction Details - The transaction was valued at $227 million, with TrueCar stockholders receiving $2.55 per share in cash [6] - TrueCar's stock will be delisted from NASDAQ, and the company will no longer have reporting obligations under the Securities Exchange Act [6] Leadership and Advisory - Scott Painter, a recognized figure in automotive digital retail, will lead TrueCar, supported by Georg Bauer as Chairman of Fair Holdings, Inc. [4][9] - Morgan Stanley acted as the exclusive financial advisor for TrueCar, while B. Riley Securities served as the advisor for Fair Holdings, Inc. [7]

Gold and Silver Market - Gold has surpassed $4,400 per ounce for the first time, currently priced at $4,412, marking a 1.6% increase and on track for its best annual performance in over 40 years [2][3] - Silver prices have also surged, with spot prices rising 3.3% to a record $69.44, indicating both metals are set for their strongest yearly performance since 1979 [3] - Traders are anticipating two interest rate cuts by the Federal Reserve in 2026, influenced by recent economic data and advocacy for looser monetary policy from President Trump [3] Geopolitical Factors - Rising geopolitical tensions have enhanced the safe-haven appeal of gold and silver, particularly due to the U.S. tightening its oil blockade on Venezuela and Ukraine's recent attack on a Russian oil tanker [4] Gold-Backed ETFs - Gold-backed ETFs have experienced inflows for five consecutive weeks, with total holdings increasing every month this year except May, according to Bloomberg and World Gold Council data [5]

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].

Core Viewpoint - Kahn Swick & Foti, LLC is investigating the proposed sale of Paramount Group, Inc. to Rithm Capital Corp, focusing on whether the offered price of $6.60 per share adequately reflects the company's value and the process leading to this transaction [1]. Group 1: Proposed Sale Details - Shareholders of Paramount Group, Inc. will receive $6.60 in cash for each share they own under the proposed transaction [1]. - The investigation aims to assess the adequacy of the consideration and the process that led to the proposed sale [1]. Group 2: Legal Rights and Contact Information - Investors who believe the transaction undervalues the company can contact Kahn Swick & Foti, LLC to discuss their legal rights without obligation [2]. - Contact details for Kahn Swick & Foti, LLC include email and a toll-free phone number for inquiries [2].

Core Insights - Crexendo (CXDO) reported quarterly earnings of $0.1 per share, exceeding the Zacks Consensus Estimate of $0.08 per share, and showing an increase from $0.06 per share a year ago, resulting in an earnings surprise of +25% [1] - The company achieved revenues of $17.5 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.71% and up from $15.63 million year-over-year [2] - Crexendo has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The future performance of Crexendo's stock will largely depend on management's commentary during the earnings call and the sustainability of the recent price movements [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.08 on revenues of $17.83 million, and for the current fiscal year, it is $0.33 on revenues of $67.47 million [7] Industry Context - The Internet - Services industry, to which Crexendo belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of Crexendo's stock may also be influenced by the overall industry outlook and trends in earnings estimate revisions [5][8]

Core Insights - Zillow reported quarterly earnings of $0.44 per share, slightly missing the Zacks Consensus Estimate of $0.45 per share, but showing an increase from $0.35 per share a year ago, resulting in an earnings surprise of -2.22% [1] - The company achieved revenues of $676 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.05% and reflecting a year-over-year increase from $581 million [2] - Zillow's stock has underperformed the market, losing approximately 3.4% since the beginning of the year, while the S&P 500 has gained 17.2% [3] Earnings Outlook - The future performance of Zillow's stock will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.41 on revenues of $645.96 million, and for the current fiscal year, it is $1.67 on revenues of $2.57 billion [7] Industry Context - Zillow operates within the Internet - Services industry, which is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of Zillow's stock may also be influenced by the overall industry outlook, as empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5][8]

Core Points - The Ademi Firm is investigating CNBN for potential breaches of fiduciary duty and other legal violations related to its transaction with HBT Financial Inc [1][3] - CNBN shareholders will receive either 1.0434 shares of HBT common stock per CNBN share, $27.73 in cash per share, or a combination of both, with an implied purchase price of $25.92 per share [2] - Upon completion of the transaction, CNBN shareholders are expected to own approximately 15% of HBT's outstanding common stock [2] - The transaction agreement includes a significant penalty for CNBN if it accepts a competing bid, raising concerns about the board's fiduciary duties [3]

Core Points - The Ademi Firm is investigating Lava (Nasdaq: LVTX) for potential breaches of fiduciary duty and other legal violations related to its transaction with XOMA Royalty [1] - Lava shareholders will receive an initial cash amount of $1.04 per share, which is lower than the previously agreed range of $1.16 to $1.24, along with a non-transferable contingent value right [2] - The minimum net-cash closing condition for the transaction has been amended from $31.5 million to $24.5 million [2] - The transaction agreement restricts competing bids for Lava by imposing significant penalties, raising concerns about the Lava board's fulfillment of fiduciary duties to shareholders [3]

Investment Rating - The report assigns an "Overweight" (OW) rating to General Motors (GM) and Ford, while Tesla and Rivian are rated "Underweight" (UW) [6][7]. Core Insights - The automotive industry is experiencing varied performance metrics across different companies, with GM and Ford showing potential upside in their stock prices, while Tesla and Rivian face significant downside risks [6][7]. - The report highlights the importance of valuation metrics such as EV/EBITDA, P/E ratios, and sales growth projections for assessing investment opportunities within the automotive sector [6][22]. Global Auto OEMs Investment Comparables - General Motors (GM) has a current price of $44.57 with a market cap of $43.067 billion and a target price of $53.00, indicating a 19% upside potential [6]. - Ford (F) is priced at $9.63 with a market cap of $38.294 billion and a target price of $11.00, representing a 14% upside [6]. - Ferrari (RACE) is valued at $439.97 with a target price of $460.00, showing a 5% upside [6]. - Tesla (TSLA) is currently priced at $241.37 with a target price of $120.00, indicating a -50% downside [6]. - Rivian (RIVN) has a price of $11.60 with a target price of $11.00, reflecting a -5% downside [6]. Global Auto Parts Suppliers Valuation Metrics - The average EV/EBITDA for US auto parts suppliers is projected at 1.8x for 2024, with a corresponding EBITDA margin of 12% [22]. - Aptiv (APTV) is rated "Overweight" with a current price of $51.71 and a target price of $102, indicating a 97% upside [22]. - Borg Warner (BWA) is rated "Overweight" with a price of $26.45 and a target price of $46, representing a 74% upside [22]. - Lear Corp (LEA) is rated "Overweight" with a price of $79.42 and a target price of $140, indicating a 76% upside [22]. Performance Metrics - The report indicates that the average revenue CAGR for US auto parts suppliers is projected to be 2% from 2023 to 2025 [74]. - The EBITDA margin for US auto parts suppliers is expected to be around 12% in 2025, with some companies showing higher margins [74][83]. - The report also highlights the financial returns of various suppliers, with some companies achieving significant returns on invested capital (ROIC) [54][56].