Workflow
Technology systems
icon
Search documents
After another major outage, Alaska Airlines taps Accenture to audit technology systems
GeekWire· 2025-10-31 21:59
Core Viewpoint - Alaska Airlines is initiating a comprehensive audit of its technology systems to enhance reliability following two significant IT outages in recent months [1] Group 1: Company Actions - The company is undertaking a full audit of its technology systems as part of a broader initiative to improve operational reliability [1]
FAVO Capital Inc. Announces Corporate Name Change to Stewards Inc.
Globenewswire· 2025-10-31 12:00
Core Viewpoint - FAVO Capital Inc. is transitioning to operate under the name Stewards Inc., reflecting its evolution into a multi-segment financial platform [1][2]. Company Overview - Stewards Inc. (formerly FAVO Capital Inc.) is a diversified financial company focused on private credit and real asset investments, aiming for responsible growth through disciplined underwriting and technology-driven analytics [5][6]. - The company provides scalable revenue-based financing and structured credit solutions to small and mid-sized businesses in the U.S. and is building a portfolio of income-producing real estate assets [5][8]. Brand Transition - The name change to Stewards Inc. aligns the company's business units, governance framework, and investor communications under a unified global brand, without merging with another entity [2][4]. - The effective date for the name and ticker symbol change is expected to be November 10, 2025, pending FINRA's confirmation [3][4]. Leadership Support - The transition has the full support of the company's leadership, emphasizing the significance of the Stewards name, which embodies values of stewardship, integrity, and discipline [3][4]. Operational Focus - Stewards Inc. will continue to expand its platform across three pillars: private credit, real assets, and digital infrastructure, enhancing operational efficiency and transparency [8].
LMT INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Lockheed Martin Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
GlobeNewswire News Room· 2025-08-13 10:00
Core Viewpoint - Lockheed Martin Corporation is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements and lack of effective internal controls during the specified class period from January 23, 2024, to July 21, 2025 [1][3]. Group 1: Allegations and Financial Impact - The lawsuit alleges that Lockheed Martin made false statements regarding its internal controls and ability to meet contract commitments, which led to significant financial losses [3]. - On October 22, 2024, Lockheed Martin announced an $80 million loss on a classified program, causing its stock price to drop over 6% [4]. - On January 28, 2025, the company reported pre-tax losses of $1.7 billion related to classified programs, resulting in a stock price decline of more than 9% [5]. - On July 22, 2025, Lockheed Martin disclosed an additional $1.6 billion in pre-tax losses, including $950 million from its Aeronautics Classified program, leading to a nearly 11% drop in stock price [6]. Group 2: Legal Process and Representation - Investors who purchased Lockheed Martin securities during the class period can seek appointment as lead plaintiff in the lawsuit, representing the interests of the class [7]. - The lead plaintiff has the authority to select a law firm for litigation, and participation as lead plaintiff does not affect the ability to share in any potential recovery [7]. Group 3: Company Overview - Lockheed Martin is a major aerospace and defense company involved in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services [2].