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Deadline Alert: Inovio Pharmaceuticals, Inc. (INO) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Businesswire· 2026-02-20 18:41
Core Viewpoint - Inovio Pharmaceuticals, Inc. is facing a class action lawsuit due to alleged securities fraud, with a deadline for shareholders to file a lead plaintiff motion by April 7, 2026. The lawsuit claims that the company made misleading statements regarding its product development and regulatory prospects, leading to significant stock price declines [1]. Summary by Relevant Sections Company Performance - Inovio's stock price fell by $0.27 (3.1%) to close at $8.44 per share on August 9, 2024, following the announcement of a delay in submitting the Biologics License Application (BLA) for INO-3107 due to manufacturing issues [1]. - On December 29, 2025, the stock price dropped by $0.56 (24.45%) to close at $1.73 per share after the FDA accepted the INO-3107 BLA on a standard review timeline instead of the anticipated accelerated review [1]. Legal Proceedings - The class action lawsuit alleges that Inovio's management made materially false and misleading statements and failed to disclose adverse facts about the company's operations and prospects during the class period from October 10, 2023, to December 26, 2025 [1]. - Specific allegations include deficiencies in the manufacturing of Inovio's CELLECTRA device, the unlikelihood of timely BLA submission, and overstated regulatory and commercial prospects for INO-3107 [1]. Investor Actions - Shareholders who suffered losses during the class period are encouraged to contact Glancy Prongay Wolke & Rotter LLP to potentially pursue claims under federal securities laws [1].
Deadline Alert: PayPal Holdings, Inc. (PYPL) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Businesswire· 2026-02-20 17:37
Core Viewpoint - The article highlights the upcoming deadline of April 20, 2026, for investors to file a lead plaintiff motion in a class action lawsuit concerning PayPal Holdings, Inc. stock purchased between February 25, 2025, and February 2, 2026 [1] Group 1 - The class action is on behalf of investors who acquired PayPal common stock during the specified class period [1] - Investors who suffered losses on their PayPal investments are encouraged to inquire about potentially pursuing the case [1]
PayPal Holdings, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - PYPL
Prnewswire· 2026-02-20 09:30
Core Viewpoint - A class action lawsuit has been filed against PayPal Holdings, Inc. for alleged violations of the Securities Exchange Act of 1934, specifically §§10(b) and 20(a) and Rule 10b-5 [1] Summary by Relevant Sections - The lawsuit is focused on shareholders who purchased shares of PayPal during the specified class period [1] - Investors are encouraged to contact the DJS Law Group for potential lead plaintiff appointments [1]
Visa to grow Argentine presence with Prisma, Newpay acquisition
Yahoo Finance· 2026-02-20 05:22
Group 1 - Visa has signed a definitive agreement to acquire Argentine payments platforms Prisma Medios de Pago and Newpay from Advent International, enhancing its presence in the Argentine market [1][2] - Prisma processes over six billion transactions annually for leading banks in Argentina, while Newpay operates a multi-network payments infrastructure, including real-time payments and bill payment services [1][2] - The acquisition is expected to close in Visa's fiscal second quarter of 2026, subject to customary closing conditions, and aims to integrate Prisma's and Newpay's technology with Visa's global network [3] Group 2 - Visa's CEO emphasized that the acquisition strengthens client partnerships and advances innovation in the payments ecosystem, aiming to simplify and secure payment processes for consumers and businesses [4][5] - The combined platform will support agnostic processing for any card brand and all payment methods offered by Newpay, enhancing the overall service offering [4][5] - Visa reported a net income of $10.9 billion in the fiscal first quarter of 2026, reflecting a 15% increase from the previous year, indicating strong financial performance [6]
11 Best Dip Stocks to Buy According to Hedge Funds
Insider Monkey· 2026-02-20 01:34
Core Insights - The article discusses the best dip stocks to buy according to hedge funds, highlighting the current market conditions and investment strategies recommended by experts [1][4]. Market Conditions - Mohamed El-Erian, Chief Economic Advisor at Allianz, emphasizes that the market is characterized by volatility, dispersion, and fragmentation, differing significantly from the conditions expected in 2025 [2]. - El-Erian suggests that the current market drawdown presents a substantial opportunity for investors to select stocks with strong balance sheets, particularly in sectors impacted by AI [3]. Investment Strategy - The recommended approach for building a portfolio in the current market is a bottom-up strategy, focusing on sectors that have experienced declines [3]. - The methodology for selecting dip stocks involves identifying stocks trading within 0-10% of their 52-week lows and those that have reported significant developments likely to influence investor sentiment [6]. Company Highlights - **Visa Inc. (NYSE:V)**: Visa announced the acquisition of two payment companies, Prisma Medios de Pago and Newpay, to enhance its presence in Argentina's rapidly growing digital payments market. The deal is expected to close in fiscal Q2 2026, pending shareholder approval [8][9][11]. - **SAP SE (NYSE:SAP)**: SAP proposed a €0.15 increase in its annual dividend for fiscal year 2025, raising it to €2.50 per share, which represents a 6.4% year-over-year increase. The total payout will increase to €2.919 billion from €2.743 billion in fiscal 2024 [12][13]. SAP's fiscal Q4 2025 results showed an 18.46% year-over-year revenue growth to $11.59 billion, driven by a 23% increase in Cloud revenue [14][15][16].
PSFE SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Paysafe Limited Investors - Contact Kirby McInerney LLP by April 7, 2026
Globenewswire· 2026-02-20 01:00
Core Viewpoint - The article discusses a class action lawsuit against Paysafe Limited, highlighting allegations of securities fraud related to undisclosed risks and financial misstatements during a specific period [4]. Group 1: Lawsuit Details - The lawsuit is filed on behalf of investors who purchased Paysafe securities from March 4, 2025, to November 12, 2025, alleging that the company failed to disclose significant risks associated with a high-risk client [4]. - Allegations include understated credit loss reserves, issues with higher risk Merchant Category Codes, and the likelihood that Paysafe would not meet its financial guidance for fiscal year 2025 [4]. - The lawsuit emphasizes that these undisclosed issues could materially impact the company's revenue growth and overall revenue mix [4]. Group 2: Financial Impact - On November 13, 2025, Paysafe reported third-quarter financial results that missed revenue and EPS estimates, attributing a several-million-dollar write-down to a last-minute client shutdown [5]. - The company's credit loss expense for the three months ended September 30, 2025, was reported at $13,220, primarily due to expected chargebacks related to a specific merchant [5]. - Following the financial report, Paysafe's share price dropped by $2.80, approximately 27.6%, from $10.16 to $7.36 [5].
How Does all the Challenging Areas in United States Equities Look?
Investment Moats· 2026-02-20 00:58
Core Insights - The article discusses potential weaknesses in various sectors of the US economy, particularly focusing on distressed areas and the implications for future earnings and revenues [1][2]. Data Providers - Data providers have shown poor performance year-to-date, with significant declines in stock prices, indicating potential margin issues despite strong competitive moats [2][3]. Biotech Sector - The biotech sector has been underperforming for four years, but there is a belief that prices may mean revert as they become too cheap [2]. Software-as-a-Service (SaaS) - SaaS companies are perceived to have stronger moats than the market currently values, but there are concerns about long-term disruption from new technologies [6][8]. Cybersecurity - The cybersecurity sector has mixed performance, with some companies showing resilience while others face significant declines. The overall outlook remains uncertain [13][14]. Payments Companies - The payments sector has seen poor performance, with companies like PayPal and Adyen experiencing significant declines. However, major players like Visa and Mastercard continue to perform relatively well [16][17]. Business Development Companies (BDCs) - BDCs have faced challenges recently, with declines in performance noted at the start of the year. They are essential for providing private credit [18][19]. US Insurance - The insurance sector is struggling, with companies like Progressive and Brown and Brown facing challenges in raising prices and organic growth capabilities [21][22]. Home Builders and Ancillary Services - The homebuilding sector shows mixed results, with some companies performing well while ancillary service providers are thriving due to increased demand for home improvements [23][24][27]. Consumer Discretionary - The consumer discretionary sector reflects the health of the economy, with mixed performance among various companies. The S&P 500 equal weight consumer discretionary index shows a modest increase [31][34]. Restaurants - The restaurant sector is a key indicator of consumer spending, with many companies showing resilience despite economic challenges. However, some, like Red Robin, are struggling significantly [39][40].
3 Intriguing Dividend Stocks to Buy Now: AGRO, AU, DLX
ZACKS· 2026-02-20 00:00
Core Insights - The article highlights three dividend-generating stocks that are currently rated as Zacks Rank 1 (Strong Buy), which are seen as attractive investment opportunities due to their market positions and financial metrics. Group 1: Adecoagro (AGRO) - Adecoagro operates in South America, focusing on agricultural products and cattle operations, benefiting from a significant cattle shortage in the U.S. which may lead to higher beef prices [3][4] - The stock is trading under $10 with a forward earnings multiple of 7X, and is projected to have an EPS rebound to $1.21 this year, with annual revenue expected to exceed $1 billion [5] - Adecoagro offers a 4.01% annual dividend yield, which has increased six times in the last five years, with an annualized growth rate of 17.81% [6][7] Group 2: AngloGold Ashanti (AU) - AngloGold Ashanti has benefited from high gold prices, with its stock price increasing nearly 500% over the last three years, currently trading near a 52-week high of $115 [8] - The company maintains a reasonable forward earnings multiple of 12X and offers a 3.36% annual dividend yield, contributing to a total return of 525% over the last five years [9] Group 3: Deluxe Corporation (DLX) - Deluxe Corporation is a fintech solutions provider with a focus on payments and data solutions, offering a substantial annual dividend yield of 4.39% [11] - The stock has increased by 60% in the last year, trading near a 52-week high of $28, while maintaining a low forward earnings multiple of 6X, with EPS expected to rise by 12% in FY26 [12]
Klarna Gets Crushed After Revenue Win Runs Foul
Yahoo Finance· 2026-02-19 20:52
Klarna Gets Crushed After Revenue Win Runs Foul - Moby BREAKING NEWS Klarna is getting punished by Wall Street today after the payments company reported Q4 earnings that missed profitability expectations but nailed revenue. KLAR is down 26.5% at the time of writing, trading at lows of $13.9 after highs of $58. The brutal drop comes after their first $1 billion-dollar revenue quarter, coming in at $1.082 billion, up 38% year-over-year (58% in the U.S.). Gross merchandise volume (GMV) also did well, risi ...
XTM Reports on Everyday People Payments Service Outage and Halting of Activities Pursuant to Bank of Canada Compliance Order
Businesswire· 2026-02-19 20:32
XTM Reports on Everyday People Payments Service Outage and Halting of Activities Pursuant to Bank of Canada Compliance OrderFeb 19, 2026 3:32 PM Eastern Standard Time# XTM Reports on Everyday People Payments Service Outage and Halting of Activities Pursuant to Bank of Canada Compliance OrderShare--- TORONTO--([BUSINESS WIRE])--XTM Inc. (OTCQB: XTMIF | CSE: PAID) (the "Company†) provides an update on the platform service outage that occurred on January 26, 2026 (the "Outage†) and is continuing in connect ...