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DOCGO INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of DocGo Inc. - DCGO
Prnewswire· 2025-04-19 02:50
Core Insights - Kahn Swick & Foti, LLC (KSF) is investigating DocGo Inc. following allegations of misrepresentation regarding its contracts and executive conduct [1][2] - DocGo's contract with U.S. Customs and Border Protection (CBP) was reported to be worth under $2 billion, contrary to the company's claim of $4 billion [2] - The CEO of DocGo resigned due to fabricated elements of his educational background [2] - A securities class action lawsuit has been filed against DocGo and its executives for failing to disclose material information and violating federal securities laws [3] - The court has denied DocGo's motion to dismiss the lawsuit, allowing it to proceed [3] - KSF's investigation is focused on potential breaches of fiduciary duties by DocGo's officers and directors [3] Company Overview - DocGo is a healthcare company that provides medical transportation and mobile health services in the U.S. and the U.K. [2] - The company is currently facing legal challenges due to allegations of corporate misconduct [3] Legal Context - KSF is a prominent securities litigation law firm, ranked among the top 10 firms nationally based on total settlement value [4] - The firm is seeking information from individuals who may assist in the investigation or have been long-term holders of DocGo shares [4]
XPO Schedules First Quarter 2025 Earnings Conference Call for Wednesday, April 30, 2025
Globenewswire· 2025-04-17 20:05
GREENWICH, Conn., April 17, 2025 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO) will hold its first quarter conference call and webcast on Wednesday, April 30, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and made available on www.xpo.com.Access information:Call toll-free from US/Canada: 1-877-269-7756International callers: +1-201-689-7817Live webcast online at: www.xpo.com/investorsA replay of the conference call will be available until May 30, 2025, by calling toll-free (fro ...
Wabtec Gears Up to Report Q1 Earnings: Here's What to Expect
ZACKS· 2025-04-17 15:20
Westinghouse Air Brake Technologies (WAB) , operating as Wabtec Corporation, is scheduled to report first-quarter 2025 results on April 23, before market open.The Zacks Consensus Estimate for WAB’s soon-to-be-reported quarter’s earnings has been revised upward by 1.01% in the past 60 days to $2.01 per share. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $2.60 billion, which indicates growth of 4% from the year-ago levels. The top line is likely to reflect strength across the Freight and ...
SaverOne Signs New Distribution Agreement in Canada
Newsfilter· 2025-04-16 12:30
Core Insights - SaverOne 2014 Ltd. has entered the Canadian market through a distribution agreement with MRF Geosystems, targeting sales of 1,000 units in the first six months [1][2][4] Group 1: Distribution Agreement - The agreement grants MRF Geosystems conditional exclusive rights to sell, install, and support the SaverOne System in Alberta [1][2] - MRF is expected to achieve sales of at least 1,000 units during the six-month exclusivity period [2] - MRF may also market SaverOne's solutions in other Canadian provinces on a non-exclusive basis [2] Group 2: Company Background - SaverOne develops advanced transportation safety solutions aimed at preventing driver distraction caused by mobile phone usage [5][10] - The technology specifically prevents access to distracting applications while allowing essential functions like navigation and calls [5] - The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies [6][10] Group 3: Market Context - Distracted driving is a significant issue, contributing to a substantial number of road accidents, with the annual cost of road accidents in the U.S. estimated at $870 billion [5] - The technology addresses the growing international demand for driver distraction prevention solutions [4] - Upcoming EU regulations are expected to increase demand for cellular distraction monitoring systems in vehicles [6]
South Bow Safely Restarts Keystone Pipeline
Newsfilter· 2025-04-16 11:30
Core Viewpoint - South Bow Corp. has successfully restarted the Keystone Pipeline after receiving regulatory approval following an oil release incident on April 8, 2025, near Fort Ransom, North Dakota [1][3]. Group 1: Incident Response and Recovery - South Bow has repaired and replaced the affected pipeline section and has recovered most of the estimated 3,500 barrels of oil released, focusing on soil remediation [2]. - The company is committed to the safety of personnel and minimizing environmental risks, with continuous air quality monitoring showing no adverse health concerns [2]. - A Corrective Action Order was issued by PHMSA on April 11, 2025, requiring South Bow to implement specific corrective actions, which included a restart plan that has been approved [3]. Group 2: Regulatory Compliance and Operations - The Keystone Pipeline is now operating under certain pressure restrictions as mandated by PHMSA, and South Bow has also informed the Canada Energy Regulator about similar restrictions on the Canadian sections of the pipeline [3]. - The pipeline was operating within its design and regulatory approval requirements at the time of the incident [3]. - South Bow is actively engaging with regulators, local officials, landowners, and the community during the recovery process [2][3]. Group 3: Communication and Updates - South Bow will continue to provide updates regarding the incident and recovery efforts on its website [4].
J.B. Hunt Transport Services(JBHT) - 2025 Q1 - Earnings Call Presentation
2025-04-16 01:04
Q1 2025 Results J.B. Hunt Transport Services, Inc. Truckload (JBT) Disclosure This presentation and discussion may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "anticipates," "intends," "estimates," or similar expressions are intended to identify these forward-looking statements. These statements are based on J.B. Hunt's current plans and expectations and involve risks and uncertainties that could cause future activit ...
SkyWest (SKYW) Ascends While Market Falls: Some Facts to Note
ZACKS· 2025-04-15 23:05
In the latest market close, SkyWest (SKYW) reached $85.48, with a +0.45% movement compared to the previous day. This change outpaced the S&P 500's 0.17% loss on the day. Elsewhere, the Dow lost 0.39%, while the tech-heavy Nasdaq lost 0.05%.The regional airline's shares have seen a decrease of 3.7% over the last month, surpassing the Transportation sector's loss of 7.62% and the S&P 500's loss of 3.94%.Analysts and investors alike will be keeping a close eye on the performance of SkyWest in its upcoming earn ...
Why Costamare (CMRE) Dipped More Than Broader Market Today
ZACKS· 2025-04-15 22:55
Company Performance - Costamare (CMRE) closed at $8.92, reflecting a -1.22% change from the previous day, underperforming the S&P 500's daily loss of 0.17% [1] - Over the past month, Costamare's shares have decreased by 12.25%, while the Transportation sector and S&P 500 have lost 7.62% and 3.94%, respectively [1] Earnings Expectations - The upcoming earnings report for Costamare is expected to show an EPS of $0.48, which is a 23.81% decline compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $412.67 million, down 13.2% from the previous year [2] Full Year Projections - For the full year, the Zacks Consensus Estimates predict earnings of $2.52 per share and revenue of $1.74 billion, representing changes of -8.7% and -16.58% from the prior year [3] - Recent changes to analyst estimates for Costamare may indicate evolving short-term business trends, with positive revisions reflecting analyst optimism [3] Valuation Metrics - Costamare currently has a Forward P/E ratio of 3.59, indicating a discount compared to its industry's Forward P/E of 8.44 [5] Industry Context - The Transportation - Shipping industry ranks in the bottom 21% of all industries, with a current Zacks Industry Rank of 197 [6] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [6]
J.B. Hunt Transport Services(JBHT) - 2025 Q1 - Earnings Call Transcript
2025-04-15 22:00
J.B. Hunt Transport Services (JBHT) Q1 2025 Earnings Call April 15, 2025 05:00 PM ET Company Participants Brad Delco - Senior Vice President of FinanceShelley Simpson - President & CEOJohn Kuhlow - EVP & CFOSpencer Frazier - Executive Vice President of Sales & MarketingNick Hobbs - Chief Operating Officer & President - Highway, Final Mile Services and EVPBrad Hicks - President - Dedicated Contract Services® & EVPDarren Field - Executive VP & President of IntermodalDaniel Imbro - Managing DirectorJonathan Ch ...
Dorian LPG (LPG) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-04-14 23:20
Company Performance - Dorian LPG's stock closed at $20.23, reflecting a -1.51% change from the previous day, underperforming the S&P 500 which gained 0.79% [1] - Over the past month, Dorian LPG shares have decreased by 5.56%, which is less than the Transportation sector's decline of 8.03% and the S&P 500's loss of 3.56% [1] Upcoming Financial Results - The company is expected to report an EPS of $0.56, representing a significant decline of 70.68% compared to the same quarter last year [2] - Revenue is anticipated to be $85.02 million, indicating a 39.87% decrease from the same quarter of the previous year [2] Analyst Estimates - Recent modifications to analyst estimates for Dorian LPG are crucial as they reflect changing business trends, with positive revisions indicating confidence in the company's performance [3] - The Zacks Rank system, which incorporates these estimate changes, provides a rating that can predict stock price performance [4] Zacks Rank and Valuation - Dorian LPG currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - The company is trading at a Forward P/E ratio of 8.59, which is slightly lower than the industry average Forward P/E of 8.63 [6] Industry Context - The Transportation - Shipping industry, to which Dorian LPG belongs, has a Zacks Industry Rank of 151, placing it in the bottom 40% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with higher-ranked industries typically outperforming lower-ranked ones [7]