NEW YORK, June 10, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in BigBear.ai Holdings, Inc. ("BigBear.ai Holdings" or the "Company") (NYSE: BBAI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of BigBear.ai Holdings investors who were adversely affected by alleged securities fraud between March 31, 2022 and March 25, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/bigb ...

NEW YORK, June 10, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Avis Budget Group, Inc. ("Avis Budget" or the "Company") (NASDAQ: CAR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Avis Budget investors who were adversely affected by alleged securities fraud between February 16, 2024 and February 10, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/avis-budget-law ...

RE/MAX Holdings ( RMAX ) is an American company operating in the real estate sector through a franchise model. Here, I want to highlight a key difference from my previous analyses of real estate companies like ( IRSAI'm a personal investor. I'm a financial journalist. I live in Buenos Aires, Argentina, and have over 10 years of experience in communications. I have worked for various economic institutions and currently hold positions at the Center for Economic Studies Argentina XXI (CEEAXXI), the Internation ...

Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "Green Steel Market 2025" report has been added to ResearchAndMarkets.com's offering.The Green Steel Market was valued at USD 7.4 Billion in 2024, and is projected to reach USD 19.4 Billion by 2029, rising at a CAGR of 21.4% This report is a descriptive study providing future opportunities for manufacturing green steel and offer in-depth insights with a comprehensive and qualitative analysis, along with trends and opportunities prevailing in the market that can ...

MEDFORD, Ore., June 10, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced the purchase of two Mercedes-Benz stores in Collierville, TN and Jackson, MS. This strategic move increases store density and luxury mix by adding LAD's first Mercedes-Benz store in the Southeast region, bringing an estimated $220 million in annualized revenue."We are thrilled to expand our presence in the Southeast with the addition of these two premier Mercedes-Benz stores. These acquisitions align with our strategi ...

- Delinquencies climb, credit demand dips, and regional cracks deepen - Equifax® Canada Market Pulse — Q1 2025 Quarterly Business Credit Trends and Insights Report TORONTO, June 10, 2025 (GLOBE NEWSWIRE) -- After a cautiously optimistic end to 2024, Canadian businesses seem to have entered 2025 with trepidation. According to the Equifax® Canada Q1 2025 Business Credit Trends and Insights Report, delinquencies are rising for businesses across the country and credit demand is slowing, while key sectors are sh ...

Core Points - Park Street A/S has completed a share capital reduction, which has been registered with the Danish Business Authority effective from June 10, 2025 [1][2] - The total nominal value of the share capital reduction amounts to DKK 13,794,324, resulting in a decrease of share capital from DKK 57,175,572 to DKK 43,381,248 [2] - Following the capital reduction, Park Street A/S no longer holds any treasury shares, with the previous treasury shares accounting for 24.13% of the total share capital [3] - The new share capital consists of 43,381,248 shares, divided into 11,198,178 class A shares and 32,183,070 class B shares, each with a nominal value of DKK 1 [4]

A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024.British aerospace group Rolls-Royce on Tuesday received backing from the U.K. government to build the country's first small modular nuclear reactors.The announcement follows a two-year selection process and reaffirms Britain's embrace of nuclear power, particularly as it also pledged on Tuesday to invest £14.2 billion ($19.2 billion) to build the larg ...

Core Viewpoint - The article discusses the performance of FinVolution (NYSE: FINV) since the initiation of a long position, highlighting a total return of -11% during a challenging market period [1]. Group 1: Company Overview - FinVolution is a company focused on the consumer discretionary and financial services sectors in both the US and China [1]. - The investment strategy involves a long-biased and China-biased portfolio, with intentions to diversify globally [1]. Group 2: Analyst Background - The analyst has a background in commerce with high distinction from the University of Toronto, specializing in finance and economics [1]. - The analyst has 10 years of experience in investment banking and focuses on industry and company research [1].

Core Viewpoint - Wells Fargo's stock has seen a 3% increase over the past week and nearly a 9% rise year-to-date, following the Federal Reserve's announcement that the bank is no longer subject to a $1.95 trillion asset cap due to improvements in governance and risk management [2][3]. Group 1: Federal Reserve Announcement - The Federal Reserve noted significant improvements in Wells Fargo's governance and risk management, leading to the removal of the asset cap [3]. - The asset cap had previously limited Wells Fargo's lending and deposit acceptance, causing it to lag behind competitors like JPMorgan Chase, which has over $4 trillion in assets [3]. - With the cap lifted, Wells Fargo can now expand its balance sheet and earnings by acquiring more commercial deposits, which are a cheaper and more stable funding source [3]. Group 2: Financial Performance - Wells Fargo's Q1 net income increased by 6% year-over-year to $4.89 billion, while revenue decreased by 3% [4]. - Net interest income fell by 6% year-over-year to $11.50 billion, but noninterest income rose by 1% to $8.65 billion [4]. - The banking industry is adopting a cautious outlook due to geopolitical uncertainties, tariffs, and inflation concerns [4]. Group 3: Market Conditions - Rising fears of inflation have led to higher Treasury yields, with the 10-year yield exceeding 4.40% [5]. - Higher yields may negatively impact the investment banking sector by delaying IPOs and M&A activities, but they could improve net interest income and overall profitability for lending [5]. - The current valuation of Wells Fargo stock is assessed to be around $71 per share, slightly below the market valuation [5].