Finance and markets: business, quotes, gold, energy and releases.
Found 50400 articles
Raleigh-based Cardinal Infrastructure Group has finalized a $250 million delayed draw term loan, pushing its total credit facility commitments to $550 million. The move provides the firm with fresh capital to fuel an aggressive acquisition strategy across the Southeastern United States over the next 18 months.
A 31% spike in international travel has pushed Ontario International Airport’s total passenger volume to nearly 4.7 million for the first eight months of 2026, offsetting a slight decline in domestic traffic and helping the Southern California hub maintain its competitive standing despite broader industry capacity constraints.
A 13.15% drop in SELLAS Life Sciences stock has triggered a formal investigation by Pomerantz LLP, as shareholders question the company’s transparency regarding critical clinical trial data for its experimental drug, Galinpepimut-S, following the milestone 80th patient death recorded in August.
Following a 30% drop in share price after a disappointing earnings report, New York-based Pomerantz LLP has launched an investigation into ServiceTitan, Inc. The inquiry examines whether company leadership engaged in securities fraud or unlawful business practices during the transition to their new AI-powered software package, Max.
Investors who suffered losses in Lincoln Educational Services Corp. are facing a November 10, 2026, deadline to seek lead plaintiff status in a newly filed class action lawsuit. The litigation centers on allegations of securities fraud and deceptive business practices tied to the company's recent performance disclosures.
A federal class action lawsuit filed in the Middle District of Florida accuses Pentwater Capital Management and its CEO, Matthew Halbower, of orchestrating a market manipulation scheme that triggered an artificial short squeeze in Avis Budget Group stock, causing massive price volatility and significant losses for retail investors.
A 12% drop in Blaize Holdings stock following a short-seller report has triggered a class action lawsuit, with investors now facing an October 5 deadline to seek lead plaintiff status. The litigation centers on claims that the company inflated its valuation through a partnership with a questionable startup.
New York-based blank check company Bluerock Acquisition Corp. II priced its initial public offering at $150 million on Tuesday, offering 15 million units at $10 each. The securities are slated to begin trading on the Nasdaq Global Market under the ticker symbol BRRKU starting September 25, 2026.
Investors who suffered losses in Alibaba Group Holding Limited stock are now eligible to join a class action lawsuit filed by Pomerantz LLP. The legal action follows a turbulent June 2026, during which the company’s valuation plummeted amid allegations of military ties and unauthorized access to AI technology.
Investors holding Wise Group plc shares face a September 29, 2026, deadline to seek appointment as lead plaintiff in a class action lawsuit. The litigation targets the company over allegations of securities fraud, following reports of money laundering investigations and the rejection of a U.S. banking license application.
Investors who suffered losses in iTonic Holdings, formerly known as Pheton Holdings, have until September 28, 2026, to seek appointment as lead plaintiff in a pending class action lawsuit. The litigation centers on allegations of a coordinated pump-and-dump scheme that devastated the company's valuation last year.
A class action lawsuit filed in the Western District of Texas accuses AST SpaceMobile of misleading investors about the company's financial health and competitive standing. The complaint alleges that leadership overstated the durability of its market position while failing to disclose mounting capital requirements and slow user adoption.
A class action lawsuit filed in the Southern District of Florida accuses Celsius Holdings of misleading investors regarding the health risks and marketing practices of its Alani Nu energy drink line, specifically targeting the potential dangers posed to teenagers and children by the brand's high caffeine content.
Investors who incurred losses from Rackspace Technology stock have until September 28, 2026, to petition the court for lead plaintiff status. The class action suit centers on allegations of securities fraud, following a significant downward revision in the company's financial guidance earlier this year that triggered a sharp share price decline.
A 20.8% plunge in stock price on July 2, 2026, signaled the start of a volatile week for Alarum Technologies investors. Following reports of an FBI-led operation targeting the company's subsidiary, NetNut, for alleged involvement in malicious proxy networks, Pomerantz LLP has launched a class action lawsuit regarding potential securities fraud.
Investors have launched a class action lawsuit against Aardvark Therapeutics, alleging the biopharmaceutical firm misled shareholders regarding the safety and commercial viability of its lead drug candidate, ARD-101. The suit claims the company’s initial public offering documents and subsequent statements masked significant risks that later triggered a collapse in share value.
A federal class action lawsuit now targets Capricor Therapeutics following allegations that the company misled investors regarding the efficacy of its Duchenne muscular dystrophy treatment, deramiocel. The litigation, filed by Pomerantz LLP, addresses a precipitous stock decline triggered by regulatory scrutiny over the company's statistical analysis methods.
Investors who held Smartsheet stock between June and September 2024 are being urged to join a class action lawsuit filed by Pomerantz LLP. The litigation centers on claims that the company repurchased its own shares at market prices while suppressing news of a lucrative acquisition bid from a private equity consortium.
Investors who purchased TruGolf Holdings stock are being urged to join a class action lawsuit filed by Pomerantz LLP. The litigation alleges that the company misled shareholders regarding its capital structure and the massive, rapid dilution caused by the conversion of Series A preferred stock.
Investors have launched a class action lawsuit against Datavault AI Inc. and its top leadership, alleging the company misled shareholders about the value of its corporate partnerships and the legitimacy of its business operations between September 2024 and October 2025.
Investors have launched a class action lawsuit against Fractyl Health, Inc. and its top executives, alleging the company misled shareholders regarding the efficacy of its Revita DMR System. The suit claims management obscured operational failures in a critical clinical study, leading to a sharp decline in share value.
Shareholders of Bloom Energy Corporation have until September 28, 2026, to seek appointment as lead plaintiff in a class action lawsuit. The filing follows allegations that the company misled investors regarding its reliance on Chinese-sourced scandium, a claim that triggered a notable decline in the firm’s stock price.
Pomerantz LLP has initiated a class action lawsuit against AppLovin Corporation in the Northern District of California, alleging that the company misled shareholders regarding the development of its generative AI tools and the efficacy of its advertising models throughout the first half of 2026.
Investors who held DNOW Inc. common stock ahead of the company's September 2025 merger with MRC Global Inc. face an October 2, 2026 deadline to petition for lead plaintiff status in a newly filed securities fraud class action lawsuit centered on alleged misleading statements regarding the acquisition.
Investors who suffered losses in Park Ha Biological Technology Co., Ltd. have until September 28, 2026, to seek appointment as lead plaintiff in a pending class action lawsuit. The litigation targets alleged securities fraud and market manipulation schemes following the company's tumultuous initial public offering.
Investors who suffered losses in Pentair plc are facing a critical deadline as a class action lawsuit moves forward against the company. The litigation follows a sharp decline in share value earlier this year, centered on allegations of securities fraud and misleading business practices regarding pool channel inventory.
The global bioinformatics market is set for a decade of rapid expansion, with projections indicating a rise from $20.34 billion in 2025 to $64.60 billion by 2034. Driven by a 13.7% compound annual growth rate, the sector is being fundamentally reshaped by the integration of artificial intelligence and next-generation sequencing.
A new outpost of Russo’s New York Pizzeria & Italian Kitchen has opened its doors at 521 S. College Avenue in Tempe, positioning itself directly within the Arizona State University community. This marks the brand’s second location in Arizona, managed by local franchisees Kristina and Christian Alvarez.
A 30% plunge in share price following disappointing second-quarter results has triggered a class action lawsuit against DICK'S Sporting Goods. Investors who acquired securities in the retail giant face a November 3, 2026, deadline to seek appointment as lead plaintiff in the ongoing litigation regarding potential securities fraud.
Investors holding McCormick & Company common stock will receive a quarterly dividend of $0.48 per share on October 26, 2026. This payout marks a milestone for the Hunt Valley-based flavor giant, extending a record of consecutive annual dividend distributions that now spans over a century of corporate history.