IDEX Biometrics ASA: New date for the share consolidation and ISIN change
GlobeNewswire News Room· 2025-06-06 16:30
Reference is made to the stock exchange notice from IDEX Biometrics ASA (the “Company”) on 11 April 2025 regarding key information relating to share consolidation and change of ISIN as resolved by the 11 April 2025 Extraordinary General Meeting in the Company (the “EGM”). The effective date of the share consolidation was stated to be 11 June 2025 or such later date as determined by the board of directors of the Company (the “Board”). Reference is also made to the subsequent offering resolved by the EGM (the ...
IDEX Biometrics ASA: New date for the share consolidation and ISIN change
GlobeNewswire· 2025-06-06 16:30
Reference is made to the stock exchange notice from IDEX Biometrics ASA (the “Company”) on 11 April 2025 regarding key information relating to share consolidation and change of ISIN as resolved by the 11 April 2025 Extraordinary General Meeting in the Company (the “EGM”). The effective date of the share consolidation was stated to be 11 June 2025 or such later date as determined by the board of directors of the Company (the “Board”). Reference is also made to the subsequent offering resolved by the EGM (the ...
Phathom Pharmaceuticals Announces Positive FDA Decision to Recognize 10 Years of Regulatory Exclusivity for VOQUEZNA® (vonoprazan) Tablets through May 3, 2032
GlobeNewswire· 2025-06-06 16:27
FLORHAM PARK, N.J., June 06, 2025 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT) today announced that the U.S. Food and Drug Administration (FDA) has approved Phathom’s Citizen Petition filed on December 11, 2024 and communicated the Agency’s intention to correct the Orange Book to recognize the proper 10 years of New Chemical Entity exclusivity for VOQUEZNA® (vonoprazan) tablets, extending through May 3, 2032. About Phathom Pharmaceuticals, Inc.Phathom Pharmaceuticals is a biopharmaceutic ...
Medicus Pharma appoints KPMG as new auditor, expands global clinical programs
Proactiveinvestors NA· 2025-06-06 16:26
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
EAT Stock Surges 22% in a Month: Still Time to Buy or Stay Cautious?
ZACKS· 2025-06-06 16:25
Brinker International, Inc. (EAT) stock has risen 21.9% in the past month, outpacing the industry and the S&P 500’s growth of 2.1% and 6.2%, respectively. The ongoing increase in traffic continues to drive the company’s performance. Also, focus on menu adjustments bodes well.Despite this impressive rally, the stock closed at $169.33 yesterday, still well below its 52-week high of $192.22 but far above the 52-week low of $56.27, a remarkable rebound. At the same time, shares of other industry players like Wi ...
Amazon robotics program expansion to unlock billions in savings, boosting margins
Proactiveinvestors NA· 2025-06-06 16:25
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Apple Faces Mounting Challenges as Stock Slumps
PYMNTS.com· 2025-06-06 16:22
Core Viewpoint - Apple is experiencing significant challenges, including a 20% decline in stock price this year, the worst performance since at least 2010, with limited catalysts for recovery in the near term due to the absence of a major iPhone upgrade cycle [1][8]. Group 1: AI and Product Development - At the upcoming WWDC, Apple's lag in artificial intelligence (AI) compared to competitors like Microsoft and Google is expected to be a major topic, highlighting the slow progress in AI and the overdue upgrade of Siri [3][6]. - Analysts note that Apple is likely to be more cautious in its presentations, avoiding overpromising on features that are not yet ready [4]. - The company is not currently monetizing its generative AI features, which could limit short-term growth as it seeks to boost hardware sales, particularly for iPhones, which have seen flat revenue for two years [6][7]. Group 2: External Pressures - Apple faces additional pressures, including tariffs that threaten hardware profit margins and scrutiny over its services division, particularly regarding App Store fees and payments from Google for being its default search engine [5][6]. - The competition is intensifying from unexpected sources, such as OpenAI's collaboration with former Apple designer Jony Ive to create new AI devices that could disrupt the smartphone market [7][8]. Group 3: Market Outlook - Analysts suggest that for Apple's stock to perform well, a catalyst such as an iPhone replacement cycle is necessary, which is not anticipated in the next 12 months [6][7]. - Despite having a loyal user base of 2.35 billion active devices, Apple’s dominance is challenged by external risks, including tariffs and legal battles, alongside its internal struggles with AI development [8].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Arvinas, Inc. - ARVN
GlobeNewswire News Room· 2025-06-06 16:20
NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Arvinas, Inc. (“Arvinas” or the “Company”) (NASDAQ: ARVN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Arvinas 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 1, 2025, Arv ...
Clearway Energy: 6% Yield On Utilities, Undervalued, 20 Straight Hikes
Seeking Alpha· 2025-06-06 16:18
Looking for high yield winning sectors? This may be your year of years - 2 of the higher-yielding sectors, Basic Materials and Utilities, are the top 2 leading sectors so far in 2025. The Basic Materials sector is up over 10%, and Utilities are upWith Hidden Dividend Stocks Plus he scours the world's markets to find solid income opportunities with dividend yields ranging from 5% to 10% or more, backed by strong earnings. Features include: a portfolio with up to 40 holdings at a time including links to assoc ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Take-Two Interactive Software, Inc. - TTWO
GlobeNewswire News Room· 2025-06-06 16:18
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Take-Two Interactive Software, Inc. and its officers or directors [1]. Group 1: Company Developments - On May 2, 2025, Take-Two's subsidiary Rockstar Games announced a new release date for Grand Theft Auto VI, moving it to May 26, 2026, from a previously projected fall 2025 release [3]. - Following the announcement of the delayed release, Take-Two's stock price dropped by $15.67 per share, or 6.66%, closing at $219.50 per share on the same day [3]. Group 2: Legal Investigation - Pomerantz LLP is actively seeking investors of Take-Two who may have been affected by the alleged securities fraud and unlawful business practices [1]. - The firm has a long history in corporate, securities, and antitrust class litigation, having recovered numerous multimillion-dollar damages awards for victims of securities fraud [4].