Stock market

Kessler Topaz Meltzer & Check, Llp Announces a Securities Fraud Class Action Filed Against Slack Technologies, Inc.

Monday, October 14, 2019 - 10:38pm

On June 20, 2019, Slack filed its prospectus on a Form 424B4 with the SEC, which forms part of the Registration Statement.

Key Points: 
  • On June 20, 2019, Slack filed its prospectus on a Form 424B4 with the SEC, which forms part of the Registration Statement.
  • Slack registered for the resale of up to 118,429,640 shares of Class A common stock by registered shareholders at a reference price of $26.00.
  • Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law.
  • The complaint in this action was not filed by Kessler Topaz Meltzer & Check.
Tags: 
Financial markets, Finance, Money, Stock market, Corruption, Common law, Equity, Fiduciary, Prospectus, Securities fraud, Stock

Aethlon Announces Reverse Stock Split

Monday, October 14, 2019 - 8:55pm

Following the special meeting of stockholders, the Board of Directors approved a 1-for-15 reverse stock split.

Key Points: 
  • Following the special meeting of stockholders, the Board of Directors approved a 1-for-15 reverse stock split.
  • All warrants to purchase common stock, stock options and restricted stock units of the Company outstanding immediately prior to the reverse stock split have been proportionally adjusted.
  • No fractional shares of common stock will be issued as a result of the reverse stock split.
  • Aethlon's transfer agent, Computershare Trust Company, N.A., is acting as the exchange agent for the reverse stock split.
Tags: 
Financial markets, Finance, Stock market, Money, Corporate finance, Equity securities, Reverse stock split, Computershare, Stock split, Stock, Warrant, Common stock

Simulations Plus Announces Quarterly Cash Dividend of $0.06 per Share

Monday, October 14, 2019 - 7:30pm

Simulations Plus, Inc. (Nasdaq: SLP), the leading provider of modeling and simulation solutions for the pharmaceutical, biotechnology, chemicals, and consumer goods industries, today announced that its board of directors has declared its next ongoing quarterly cash dividend of $0.06 per share of the Companys common stock.

Key Points: 
  • Simulations Plus, Inc. (Nasdaq: SLP), the leading provider of modeling and simulation solutions for the pharmaceutical, biotechnology, chemicals, and consumer goods industries, today announced that its board of directors has declared its next ongoing quarterly cash dividend of $0.06 per share of the Companys common stock.
  • The cash dividend will be distributed on Friday, November 1, 2019, to shareholders of record as of Friday, October 25, 2019.
  • Walt Woltosz, chairman of the board of directors, said, This dividend declaration is a continuation of the Boards plan to distribute a cash dividend of $0.06 per share per quarter.
  • The declaration of any future dividends will be determined by the board of directors each quarter and will depend on earnings, financial condition, capital requirements, and other factors.
Tags: 
Health, Chemicals, Plastics, Technology, Manufacturing, Software, Pharmaceutical, Biotechnology, Finance, Financial markets, Corporate finance, Dividends, Equity securities, Shareholders, Stock market, Share, Common stock, S&P 500 Dividend Aristocrats, Special dividend

Alger Prefers Owning to Lending as Outlined In New Report: Loving to Lend or Opting to Own?

Monday, October 14, 2019 - 3:00pm

"We are contrarians to the herd of investors chasing bonds higher and yields lower, and encourage investors to maintain a long-term, growth-oriented mindset."

Key Points: 
  • "We are contrarians to the herd of investors chasing bonds higher and yields lower, and encourage investors to maintain a long-term, growth-oriented mindset."
  • Passive investing can lead investors astray: The vast majority of passive investing allows relative performance to drive relative weighting changes, irrespective of fundamentals.
  • The driver has been the very weak performance of the price-to-book valuation metric, which is used heavily in index classification.
  • Weatherbie Capital, LLC, a Boston-based investment adviser specializing in small and mid-cap growth equity investing is a wholly-owned subsidiary of Alger.
Tags: 
Economy, Finance, Money, Stock market, Investment, Foreign exchange market, Fundamental analysis, Financial markets

Grayscale Investments Announces Approval of Public Quotation for Eligible Shares of Grayscale Digital Large Cap Fund

Monday, October 14, 2019 - 5:10pm

New York, Oct. 14, 2019 (GLOBE NEWSWIRE) -- GrayscaleInvestments , the worlds largest digital currency asset manager, today announced that Shares of Grayscale Digital Large Cap Fund (DLC) have received approval from FINRA for public quotation under symbol: GDLCF on OTC Markets.

Key Points: 
  • New York, Oct. 14, 2019 (GLOBE NEWSWIRE) -- GrayscaleInvestments , the worlds largest digital currency asset manager, today announced that Shares of Grayscale Digital Large Cap Fund (DLC) have received approval from FINRA for public quotation under symbol: GDLCF on OTC Markets.
  • Shares created through DLCs private placement become eligible to sell into the public market after a statutory one-year holding period under Rule 144 of the Securities Act.
  • *
    There will be no trading volume in the Shares public quotation until the Shares are DTC eligible, which GDLC is expected to receive soon.
  • DLC provides exposure to a diverse selection of digital currencies that meet Grayscales fund construction criteria through a market capitalization-weighted portfolio (Fund Components).
Tags: 
Stock market, Security, Capitalization-weighted index, Finance, Economy

SS&C to Release Third Quarter 2019 Earnings

Monday, October 14, 2019 - 2:00pm

The earnings conference call, scheduled for Thursday, October 31 at 5:00 p.m. Eastern Time, will discuss third quarter 2019 results.

Key Points: 
  • The earnings conference call, scheduled for Thursday, October 31 at 5:00 p.m. Eastern Time, will discuss third quarter 2019 results.
  • Details of the release are as follows:
    News Release: To be released on October 31, 2019.
  • Earnings Call: Dial 844-343-4183 (US and Canada) or 647-689-5128 (International), and request the "SS&C Technologies Third Quarter 2019 Conference Call"; conference ID #9085246.
  • Audio Replay: A replay of the earnings call can be heard after 8:00 p.m. on October 31, 2019, until midnight on November 7, 2019.
Tags: 
Corporate finance, Earnings call, Stock market, Teleconferencing, Economy

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against electroCore, Inc.

Monday, October 14, 2019 - 4:00pm

In June 2018, electroCore completed its initial public offering (IPO) in which it sold 5.2 million shares of its common stock at $15.00 per share.

Key Points: 
  • In June 2018, electroCore completed its initial public offering (IPO) in which it sold 5.2 million shares of its common stock at $15.00 per share.
  • On this news, the Companys share price fell $1.58, nearly 29%, to close at $3.75 per share on May 15, 2019, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles
Tags: 
Financial markets, Finance, Financial economics, Corporate finance, Stock market, Initial public offering, Stock

Ferrari N.V.: periodic report on the buyback program

Monday, October 14, 2019 - 3:36pm

- 31,300 149.2019 4,670,020.56 4,245,610.44 Since the announcement of the Second Tranche of the buyback program dated 1 July 2019 till 11 October 2019, the total invested consideration has been:

Key Points: 
  • - 31,300 149.2019 4,670,020.56 4,245,610.44 Since the announcement of the Second Tranche of the buyback program dated 1 July 2019 till 11 October 2019, the total invested consideration has been:
    USD 35,573,786.22 (Euro 32,326,664.50*) for No.
  • 233,385 common shares purchased on the NYSE
    resulting in total No.
  • 8,273,528 common shares held in treasury as of 11 October 2019.
  • As of the same date, the Company held 3.22% of the total issued share capital including the common shares and the special voting shares, net of shares assigned under the Companys equity incentive plan.
Tags: 
Financial markets, Finance, Money, Stock market, Equity securities, Corporate finance, Balance sheet, Shareholders, Issued shares, Share, Buyback, Common stock

Thinking about buying stock in Aurora Cannabis, Fastenal, Roku, Synthesis Energy Systems, or Schlumberger?

Monday, October 14, 2019 - 2:31pm

InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology.

Key Points: 
  • InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology.
  • Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
  • Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
Tags: 
Stock market, Share trading, Commodity markets, Foreign exchange market

Small and MicroCap Company Investor Presentations Now Available for On-Demand Viewing

Monday, October 14, 2019 - 1:35pm

To facilitate investor relations scheduling, for more information about the program and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

Key Points: 
  • To facilitate investor relations scheduling, for more information about the program and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.
  • Virtual Investor Conferences is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.
  • A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group's suite of investor relations services specifically designed for more efficient Investor Access.
  • Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.
Tags: 
Economy, Finance, Money, Investment, Corporate finance, Investor relations, Stock market, Investor