NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Globus Medical, Inc. (“Globus” or the “Company”) (NYSE: GMED). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Globus and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On May 8, 2025, G ...

AST SpaceMobile, Inc. (ASTS) reported lackluster first-quarter 2025 results, with both the adjusted earnings and revenues missing the Zacks Consensus Estimate.Unfavorable macroeconomic conditions, such as rising inflation, higher interest rates, volatility in the capital markets, imposition of tariffs and geopolitical conflicts, are negatively impacting the company’s operations. These factors have led to continued fluctuations in satellite material prices, increasing capital costs and putting pressure on th ...

Colgate-Palmolive Company (NYSE:CL) Goldman Sachs Global Staples Forum May 13, 2025 8:15 AM ET Company Participants John Hazlin - President of Hill's Pet Nutrition John Faucher - Chief IR and EVP, M&A Conference Call Participants Bonnie Herzog - Goldman Sachs Bonnie Herzog So with that, we're excited to kick off this year's conference with Colgate, and it is my pleasure to welcome Colgate's President of Hill's Pet Nutrition, John Hazlin; and Chief IR and EVP, M&A, John Faucher to join us on stage. So John H ...

NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Nyxoah S.A. (“Nyxoah” or the “Company”) (NASDAQ: NYXH). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Nyxoah and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On March 25, 2025, Nyxoa ...

Automatic Data Processing, Inc. (NASDAQ:ADP) J.P. Morgan Global Technology, Media and Communications Conference May 13, 2025 9:30 AM ET Company Participants Maria Black – President and Chief Executive Officer Conference Call Participants Tien-tsin Huang – JPMorgan Tien-tsin Huang All right, got the thumbs up. Thanks everyone for joining. This is being webcasted. This is the automatic data processing session. My name is Tien-tsin Huang. I cover the payments and IT services sector. And super excited to have M ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Viewpoint - Microsoft is cutting approximately 3% of its global workforce, equating to around 7,000 jobs, to reallocate resources towards the development of advanced artificial intelligence [1][5]. Group 1: Workforce Reduction - The layoffs are part of a strategy to streamline management layers within the company [4]. - This marks the most significant job cuts since January 2023, when Microsoft laid off 10,000 employees [5]. - Microsoft had a total of 228,000 employees as of last June [1][8]. Group 2: Financial Context - Microsoft reported quarterly revenue of $70.07 billion, surpassing Wall Street expectations, just days before announcing the layoffs [4]. - The company plans to invest up to $80 billion in AI-related efforts in fiscal year 2025 [7]. Group 3: Industry Competition - Microsoft is competing with other tech giants like Elon Musk's xAI, Mark Zuckerberg's Meta, and Google in the AI development space [7]. - Analyst Gil Luria indicated that to offset the high costs associated with AI development, Microsoft may need to reduce its workforce by at least 10,000 annually [8].

Amazon and FedEx have entered a package delivery deal.  Business Insider reported, citing an internal document, that a new agreement between the e-commerce giant and delivery company was inked in late February. Under the deal, FedEx will transport some packages that Amazon customers have ordered to their doors on behalf of the e-commerce giant, according to the outlet.  Amazon spokesperson Steve Kelly told FOX Business the company has "reached an agreement with FedEx to serve as one of several third-party p ...

Euroseas Ltd. (ESEA) shares rallied 8.7% in the last trading session to close at $38.43. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 19.6% gain over the past four weeks.The uptick followed the 90-day agreement between the United States and China to reduce tariffs. The development has rekindled hopes of easing global trade tensions. With shipping stocks like ESEA being responsible for transporting the majo ...

Coherent Corp.'s (COHR) stock price has skyrocketed over the past year. The stock has gained 37.3% compared with the industry's 31.2% rise and the 9.2% gain of the Zacks S&P 500 Composite.COHR’s industry peers, Crane NXT, Co. (CXT) and Jamf (JAMF) have declined over the past year. Shares of CXT and JAMF have lost 7.91% and 33.6%, respectively, in the same time frame.One-Year Price PerformanceImage Source: Zacks Investment ResearchCoherent has outperformed Crane NXT, Jamf, and the industry in the past month. ...