Recent Articles from Business Wire

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or “the Company”) (NYSE: KMX) for violations of the securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of KinderCare Learning Companies, Inc. (“KinderCare” or “the Company”) (NYSE: KLC) for violations of the securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The Greenbrier Companies, Inc. (“Greenbrier” or “the Company”) (NYSE: GBX) for violations of the securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Pony AI Inc. (“Pony” or “the Company”) (NASDAQ: PONY) for violations of the securities laws.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of OSI Systems, Inc. (“OSI Systems” or “the Company”) (NASDAQ: OSIS) for violations of the securities laws.

Soleus Capital Management, L.P. (“Soleus Capital”), a healthcare investment firm which owns in excess of 10% of the stock of Theratechnologies Inc. (NASDAQ: THTX) (the “Company”), today sent a letter to the Board of Directors of the Company.

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Sage Therapeutics, Inc. (“Sage” or “the Company”) (NasdaqGM: SAGE).

Indigenous veterans have honorably served in the U.S. Armed Forces for generations, yet many still face barriers to healthcare, peer support, and culturally aligned services due to limited internet access in rural communities. To address these disparities, the Arizona Department of Veterans’ Services and Televeda have launched the Tribal Connectivity Project, “Roger That,” a new initiative that provides Starlink internet kits to tribal veterans across Arizona.

Families in Oceanside and the greater San Diego region now have greater access to essential pediatric dental care with the recent opening of a new Children’s Choice Dental Care office. Focused on serving Medi-Cal eligible and Tri-Care eligible military families, among others, this new location will provide preventive and comprehensive dental services for children, helping to address significant oral health disparities in the area.

Exicure, Inc. (Nasdaq: XCUR) today shared updates on its lead asset, GPC-100 (burixafor), a small molecule CXCR4 inhibitor.

WaFd, Inc. (Nasdaq: WAFD):

Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Movado Group, Inc. (“Movado” or the “Company”) (NYSE: MOV) investors concerning the Company’s possible violations of the federal securities laws.

Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Kyndryl Holdings, Inc. (NYSE: KD) resulting from allegations that Kyndryl Holdings may have issued materially misleading business information to the investing public.

Cathay Bank is excited to announce the upcoming 48th Annual Charity Golf Tournament scheduled for May 28, 2025. The prestigious event will once again unfold at the Industry Hills Golf Club at Pacific Palms Resort in the City of Industry, California. This annual charity golf tournament has become a cornerstone in the community, bringing together golf enthusiasts to raise funds for local nonprofit organizations.

Jack in the Box, Inc. (NASDAQ: JACK) announces the following event:

Ennis, Inc. (the “Company”), (NYSE: EBF), is pleased to announce its acquisition of Northeastern Envelope in Old Forge, PA.

Sensient Technologies Corporation (NYSE: SXT) will hold its earnings call and webcast to discuss 2025 first quarter results at 8:30 a.m. CDT on Friday, April 25, 2025. Investors may access the live webcast on the Company’s web site at investor.sensient.com. Alternatively, investors may join the conference call by contacting Chorus Call Inc. at (844) 492-3726 or (412) 317-1078.

Meridian Capital Group, one of the nation’s leading commercial real estate finance, investment sales, and retail leasing advisors, announced today that Fannie Mae lenders may resume requesting quotes for Meridian-brokered loans effective immediately.

The "United States Homeowners Insurance Market, By Region, Competition, Forecast and Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's offering.

Xerox Corporation today announced the closing of its offering of (i) $400,000,000 in aggregate principal amount of 10.250% Senior Secured First Lien Notes due 2030 (the “First Lien Notes”) issued by Xerox Corporation and guaranteed by Xerox Holdings Corporation (“Xerox” and, together with Xerox Corporation, the “Company”) and certain of Xerox’s domestic and foreign subsidiaries and (ii) $400,000,000 in aggregate principal amount of 13.500% Senior Secured Second Lien Notes due 2031 (the “Second Lien Notes” and, together with the First Lien Notes, the “Notes”) issued by Xerox Issuer Corporation (the “Escrow Issuer”), a wholly-owned subsidiary of Xerox Corporation in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”) and non-U.S. persons outside the United States pursuant to Regulation S under the Act.

Southern California Edison today provided an initial comprehensive plan to rebuild the impacted electrical distribution infrastructure in the Altadena and Malibu areas affected by the January wildfires. The plan focuses on increasing reliability and long-term resilience, including the undergrounding of new distribution equipment. SCE’s preliminary plan would underground 153 circuit miles: 130 circuit miles, which includes nearly all distribution power lines in High Fire Risk Areas (HFRA) within the burn scars of the affected communities — plus 23 circuit miles in areas of Altadena not in HFRA. An additional 19 circuit miles in Altadena are being evaluated.

Travere Therapeutics, Inc. (NASDAQ: TVTX) today announced that on April 10, 2025, the Compensation Committee of its Board of Directors granted inducement equity grants to six new employees, consisting of inducement restricted stock units, or RSUs, covering an aggregate of 31,100 shares of its common stock. These inducement RSUs are subject to the terms of Travere’s 2018 Equity Incentive Plan (“2018 Plan”) but were granted outside of the 2018 Plan and were granted as inducements material to the new employees entering into employment with Travere in accordance with Nasdaq Listing Rule 5635(c)(4).

Lithium Royalty Corp. (TSX: LIRC) (“LRC” or the “Company”) announced today that, in connection with the Company’s ongoing substantial issuer bid (the “Offer”), the Ontario Securities Commission has granted an order (the “Relief Order”) permitting the Company to extend the Offer, if it determines to do so, without first taking up any common shares of the Company (the “Shares”) previously deposited. For technical reasons, the Offer could not be extended without the Relief Order.

Veteran advisors Noah Doyle and Charles Princiotto, previously operating as Battery Park Financial Partners at Janney Montgomery Scott and recently named as one of the 2025 Forbes Best-In-State Wealth Management Teams1, are pleased to announce the launch of SoundRidge Private Wealth, a Manhattan-based financial advisory practice. The team joins FiNet with approximately $380 million in client assets as of May 31, 2024, embracing the platform’s independent model to offer personalized, high-touch service to its clients.

Sunnova Energy International Inc. (“Sunnova” or the “Company”) (NYSE: NOVA), an industry-leading adaptive energy services company, today announced the appointment of Tony Horton and Jeffrey S. Stein as independent Class I directors to its Board of Directors, effective April 11, 2025.

Vicarious Surgical Inc. (“Vicarious Surgical” or the “Company”) (NYSE: RBOT, RBOT WS), a next-generation robotics technology company seeking to improve lives by transforming robotic surgery, today announced that on April 10, 2025, the Company received written notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) indicating that the Company is no longer in compliance with the continued listing standards set forth under Section 802.01B of the NYSE’s Listed Company Manual due to the fact that the Company’s average market capitalization over a consecutive 30 trading-day period was less than $50 million and, at the same time, the Company’s last reported stockholders’ equity was less than $50 million.

Alliant Energy Corporation (NASDAQ: LNT) has scheduled its first quarter earnings release for Thursday, May 8th, after market close. A conference call to review the first quarter results is scheduled for Friday, May 9th at 9 a.m. CT.

Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its first quarter 2025 results on Wednesday, April 23, 2025, after the close of business. The press release and associated slide presentation will be available on Helix's website, www.helixesg.com.

Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, will release its first quarter 2025 earnings results on Wednesday, April 30, 2025, before the U.S. markets open. At 11:00 a.m. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.

FiscalNote Holdings, Inc. (NYSE: NOTE) (“FiscalNote” or the “Company”), the leading provider of AI-driven policy and regulatory intelligence solutions, today announced that it received notification from the New York Stock Exchange ("NYSE") on April 10, 2025 that FiscalNote is no longer in compliance with the NYSE continued listing standard that requires listed companies to maintain an average closing share price of at least USD $1.00 over a consecutive 30 trading-day period. FiscalNote is in compliance with all other NYSE continued listing standards.

Docebo Inc. (Nasdaq:DCBO; TSX:DCBO) ("Docebo" or the "Company"), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, announced today that it will hold a conference call to discuss its first quarter fiscal year 2025 results on Friday, May 9, 2025 at 8:00 a.m. (ET). Alessio Artuffo, President and Chief Executive Officer, and Brandon Farber, Chief Financial Officer will host a live question and answer session to discuss these results. Docebo will report its financial results on the morning of Friday, May 9, 2025, prior to the call. In addition to the press release, the Company will simultaneously post a copy of management’s prepared remarks (in .pdf format) on the Company's website at www.docebo.com.

Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of May 2025. The record date for the distribution is May 2, 2025, and the payable date is May 30, 2025. The Fund will trade ex-distribution on May 2, 2025.

Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) today announced that on April 3, 2025, the Compensation Committee of Acadia’s Board of Directors (the “Committee”) granted inducement awards consisting of non-qualified stock options to purchase 172,637 shares of common stock and 64,791 restricted stock units (“RSUs”) to twenty-two new employees under Acadia’s 2024 Inducement Plan. The Compensation Committee approved the awards as an inducement material to the new employees’ employment in accordance with Nasdaq Listing Rule 5635(c)(4).

Savara Inc. (Nasdaq: SVRA), a clinical stage biopharmaceutical company focused on rare respiratory diseases, today announced the grant of inducement awards to seven new employees.

The Beachbody Company, Inc. (NYSE: BODI) (the “Company”) today announced that it received notice from the New York Stock Exchange (the “NYSE”) that it was not currently in compliance with the requirement of Section 802.01B of the New York Stock Exchange Listed Company Manual (the “NYSE Manual”) that the Company have an average market capitalization of not less than $50.0 million over a consecutive 30 trading-day period and stockholders’ equity of not less than $50.0 million (the “NYSE Notice”).

Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) (the “Fund”) today announced that its Board of Trustees (the “Board”) has approved the terms of the issuance of transferable rights (“Rights”) to the holders of the Fund’s common shares (“Common Shareholders”) of beneficial interest (“Common Shares”) as of April 21, 2025 (the “Record Date”). Holders of Rights will be entitled to subscribe for additional Common Shares (the “Offer”) at a discount to the market price of the Common Shares.

FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that on April 7, 2025, the Compensation Committee of Fubo’s Board of Directors granted restricted stock unit awards covering an aggregate of 31,882 shares of its common stock to five new employees to induce them to join Fubo. The awards were granted under Fubo’s 2024 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period following their grant, subject to continued employment. The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules.

Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-boutique asset management business, today announced that it will release its financial results for the first quarter of 2025 before the market opens on Friday, April 25, 2025. George R. Aylward, president and chief executive officer, and Michael A. Angerthal, executive vice president and chief financial officer, will host a conference call and webcast with the investment community at 10:00 a.m. Eastern.

Columbia Sportswear Company (Nasdaq: COLM) plans to release first quarter 2025 financial results at approximately 4:05 p.m. ET on Thursday, May 1, 2025.

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, has filed a securities class action lawsuit in the United States District Court for the Middle District of Florida against Treace Medical Concepts, Inc. (“Treace Medical” or the “Company”) (NASDAQ: TMCI), and certain of its former and current officers and/or directors (collectively, “Defendants”). The Class Action asserts claims under §§10(b) and 20(a) of the Securities Exchange Act of 1934 (15 U.S.C. §§78j(b) and 78t(a)) and U.S. Securities and Exchange Commission Rule 10b-5 promulgated thereunder (17 C.F.R. §240.10b‑5) on behalf of all persons other than Defendants who purchased or otherwise acquired Treace Medical securities between May 8, 2023, and May 7, 2024, inclusive (the “Class Period”), and were damaged thereby (the “Class”). The Class Action filed by Scott+Scott is captioned: McCluney v. Treace Medical Concepts, Inc., et al., Case No. 3:25-cv-00390.

Bristol Myers Squibb (NYSE: BMY) today announced that the U.S. Food and Drug Administration (FDA) approved Opdivo® (nivolumab) plus Yervoy® (ipilimumab) as a first-line treatment for adult patients with unresectable or metastatic hepatocellular carcinoma (HCC), the most common primary liver cancer.1,2 This approval is based on the results from the global Phase 3 randomized, open-label CheckMate-9DW trial evaluating the combination of Opdivo plus Yervoy compared to investigator’s choice of tyrosine kinase inhibitor monotherapy (lenvatinib or sorafenib) in patients with unresectable or metastatic HCC who have not received prior systemic therapy.1 In the trial, Opdivo plus Yervoy demonstrated statistically significant overall survival (OS) and overall response rate (ORR) vs the comparator arm.1 It is the only trial supporting an FDA approval to show superior results against this comparator arm.1

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) of the members of Old Republic Insurance Companies (Old Republic). Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) of Old Republic National Title Insurance Company (Tampa, FL) and American Guaranty Title Insurance Company (Oklahoma City, OK) (collectively referred to as Old Republic Title Insurance Group [ORTIG]). At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Old Republic Insurance Company of Canada (Old Republic Canada) (Hamilton, Ontario). The outlook of these Credit Ratings (ratings) is stable.

Law Offices of Howard G. Smith announces an investigation on behalf of Movado Group, Inc. (“Movado” or the “Company”) (NYSE: MOV) investors concerning the Company’s possible violations of federal securities laws.

Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, announced today that it will release its financial results for the first quarter ended March 31, 2025 on Monday, May 12, 2025, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Tuesday, May 13, 2025, to review its financial results.

Orbis Investments (“Orbis”) is a global investment group founded in 1989. We are a significant investor in Japanese listed companies, and have been a shareholder in Tsuruha Holdings Inc. (“Tsuruha”) since 2000. As at 28 February 20251, funds and mandates managed by Orbis held 9.7% of Tsuruha’s outstanding issued share capital.

The Law Offices of Frank R. Cruz announces an investigation of Movado Group, Inc. (“Movado” or the “Company”) (NYSE: MOV) on behalf of investors concerning the Company’s possible violations of federal securities laws.

AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Eden Insurance Company (Eden). Concurrently, AM Best has removed from under review with negative implications and affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) of IMT Insurance Company and Wadena Insurance Company. The outlook assigned to all these Credit Ratings (ratings) is negative. The above-mentioned companies are collectively known as IMT Insurance Companies (IMT) and are domiciled in West Des Moines, IA.

Nexus Pharmaceuticals, LLC announces the launch of their Baclofen Injection Refill Kit. Nexus’ kit will be the only one on the market that offers a vial presentation.

Christine Arnold, a former global vice president of human resources for Copart, Inc., a global leader in online vehicle auctions, has sued the Dallas-based Fortune 500 company alleging gender discrimination, retaliation and sexual harassment.

The Museum of Pop Culture (MOPOP), is proud to is proud to present Never Turn Back: Echoes of African American Music, a powerful new exhibition opening May 17, 2025. This long-term exhibition explores the profound impact of Gospel, Blues, Jazz, and Soul as the soundtrack to resistance, identity, and transformation in Black American history.

KBRA assigns preliminary ratings to ten classes of mortgage pass-through certificates from CROSS 2025-H3 Mortgage Trust, an RMBS transaction issued under the CROSS shelf, where Hildene in affiliation with CrossCountry Mortgage and CrossCountry Capital sponsored the transaction. The $413.4 million transaction is collateralized by a pool of 830 residential mortgages originated by CCM, including a meaningful concentration of collateral that KBRA considers to be “non-prime”, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 85.2% and 14.8% of the pool, respectively.

YuJa, Inc. announces the renewal and expansion of its vendor partnership with ESC19 Purchasing (Allied States Cooperative), a national governmental purchasing cooperative that competitively bids and awards contracts to local, regional, and national vendors. This collaboration builds upon years of successful partnership, enabling more comprehensive procurement options for regulated institutions across the United States.

Haddy, the pioneering company redefining large-scale digital manufacturing, today officially opens the doors to its new microfactory – which becomes the largest and most powerful 3D printing facility in the world. With this launch and in light of recent trade and tariff developments, the facility becomes a symbol of the next era of American manufacturing.

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Ann Barnet, Inc. dba Metro Signs to Texas Heritage Imaging & Printing, LLC. The acquisition closed March 26, 2025.

Air is critical to business but often overlooked. Like electricity, gas and water, most manufacturing operations depend on compressed air, making it the “fourth utility.” Improving compressed air systems can have dramatic effects on a company’s sustainability initiatives, operating costs and product quality.

Contrast-enhanced ultrasound (CEUS) is a safe and accurate diagnostic imaging option for pregnant women who develop a medical problem or a suspicious tumor that typically would be investigated by a contrast enhanced CT or MR scan, according to a new study by Canadian doctors.

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PAMT CORP (NASDAQ: PAMT) (the “Company”) today announced that it has increased the minimum purchase price in its modified “Dutch auction” tender offer (the “Offer”) to purchase up to 435,000 shares of its common stock, par value $0.01 per share (the “common stock”). The Company is offering to purchase its common stock at a price per share not less than $14.50 and not greater than $17.00. Tendering stockholders may continue to use the Letter of Transmittal which was previously circulated. While that Letter of Transmittal indicates that PAMT is offering to pay $14.00 to $17.00 per share, stockholders using that Letter of Transmittal will nevertheless be subject to the increased minimum of $14.50 per share. Any shares tendered at a price below $14.50 per share will be deemed to have been tendered at $14.50 per share.

KBRA releases a research report exploring how recent tariff escalations may impact various structured finance sectors.

Persefoni AI, Inc., a leading sustainability management SaaS and AI platform, has won ‘Overall Climate Technology Innovation of the Year’ at the 2025 CleanTech Breakthrough Awards.

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BIOQUAL, Inc. (OTC Pink: BIOQ) www.bioqual.com:

Rosen Law Firm, a global investor rights law firm, reminds shareholders that an investor filed a class action on behalf of purchasers of securities of Alarum Technologies Ltd. (NASDAQ: ALAR) between March 14, 2024 and August 26, 2024. Alarum is a Software as a Service (“SaaS”) provider.

Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of securities of Intellia Therapeutics, Inc. (NASDAQ: NTLA) between July 30, 2024 and January 8, 2025. Intellia describes itself as a “leading clinical-stage gene editing company, focused on developing potentially curative therapeutics using CRISPR/Cas9-based technologies.”

The Law Offices of Frank R. Cruz reminds investors of the upcoming April 14, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Merck & Co (“Merck” or the “Company”) (NYSE: MRK) securities between February 3, 2022, to February 3, 2025, inclusive (the “Class Period”).

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Canopy Growth Corporation (“Canopy” or the “Company”) (NASDAQ: CGC) securities between May 30, 2024 and February 6, 2025, inclusive (the “Class Period”). Canopy investors have until June 3, 2025 to file a lead plaintiff motion.

South Coast Plaza:

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UBS today announced that 65 financial advisors in the firm’s Florida Wealth Management Market have been named to the Forbes Best-in-State Wealth Advisors list for 2025. Among those recognized, UBS advisor Christopher Aitken was named #1 in the Jacksonville area, and Naples-based advisors Joe Matina and Jason Stephens were recognized in the top 250 advisors nationally by Forbes.

Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2025 third quarter results on Thursday, May 1, 2025, before the market opens. The Company’s fiscal 2025 third quarter ended March 31, 2025.

HireRight, a leading provider of global background screening services and workforce solutions, has completed the acquisition of ClearChecks, a background screening provider focused on the small-to-medium-sized business (SMB) market.

Carenet Health, a leading tech-enabled healthcare services company, hosted a formal ribbon cutting ceremony to commemorate the official opening of its state-of-the-art global delivery center in Port of Spain, Trinidad and Tobago. The ceremony was attended by distinguished government officials, including Senator the Honourable Paula Gopee-Scoon, Minister of Trade and Industry, Mr. Randall Karim, Permanent Secretary, Ministry of Trade and Industry, Mrs. Franka Costello, Chairman, Global Trinidad and Tobago, and Joann David, Director, OJT Division, Ministry of Labour.

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of AXA Mansard Insurance Plc (AXA Mansard) (Nigeria).

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