Life insurance

The Chemours Company (CC) Determines CEO, CFO Delayed Payments & Accelerated Collections to Hit Annual Cash Flow Goals - Hagens Berman

Retrieved on: 
Monday, March 18, 2024

SAN FRANCISCO, March 18, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges The Chemours Company (NYSE: CC) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, March 18, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges The Chemours Company (NYSE: CC) investors who suffered substantial losses to submit your losses now .
  • On March 6, 2024, Chemours disclosed a bombshell update to its internal review relating to an anonymous report made to the company’s Ethics Hotline.
  • Chemours shares are down nearly 20% year to date.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

MBLY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Alerts Mobileye Global (MBLY) Investors to Today’s Lead Plaintiff Deadline in Securities Class Action

Retrieved on: 
Monday, March 18, 2024

SAN FRANCISCO, March 18, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Mobileye Global Inc. (NASDAQ: MBLY) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, March 18, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Mobileye Global Inc. (NASDAQ: MBLY) investors who suffered substantial losses to submit your losses now .
  • The truth emerged on Jan. 4, 2024, when Mobileye revealed that its OEM customers have excess inventories totaling 6-7 million units of EyeQ SoCs.
  • This news sent the price of Mobileye shares crashing $9.75 (or nearly 25%) lower on Jan. 4, 2024.
  • "We are investigating whether Mobileye may have misled investors about the true driver for its 2021-22 sales growth,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

MBLY 3-DAY DEADLINE ALERT: Mobileye Global (MBLY) Faces Securities Class Action After Revealing Customers’ Excess Inventories, Hagens Berman Encourages Mobileye Global (MBLY) Investors with Substantial Losses to Contact Firm Before Mar. 18th Deadline

Retrieved on: 
Friday, March 15, 2024

SAN FRANCISCO, March 15, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Mobileye Global Inc. (NASDAQ: MBLY) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, March 15, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Mobileye Global Inc. (NASDAQ: MBLY) investors who suffered substantial losses to submit your losses now .
  • The truth emerged on Jan. 4, 2024, when Mobileye revealed that its OEM customers have excess inventories totaling 6-7 million units of EyeQ SoCs.
  • This news sent the price of Mobileye shares crashing $9.75 (or nearly 25%) lower on Jan. 4, 2024.
  • "We are investigating whether Mobileye may have misled investors about the true driver for its 2021-22 sales growth,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

Artisan Partners International Value Fund Wins Three U.S. Lipper Fund Awards for Second Straight Year

Retrieved on: 
Friday, March 15, 2024

MILWAUKEE, March 15, 2024 (GLOBE NEWSWIRE) -- Artisan Partners is pleased to announce that the Artisan International Value Fund received three 2024 Lipper Fund Awards.

Key Points: 
  • MILWAUKEE, March 15, 2024 (GLOBE NEWSWIRE) -- Artisan Partners is pleased to announce that the Artisan International Value Fund received three 2024 Lipper Fund Awards.
  • The Artisan International Value Fund, Institutional Class (APHKX), was named best fund in Lipper’s International Large-Cap Value Funds category over the three-, five- and ten-year time periods.
  • This is the second year in a row the Fund has swept the Lipper Fund Awards in the International Large-Cap Value category.
  • “We are honored and humbled to receive these Lipper Awards,” said David Samra, Lead Portfolio Manager of the Artisan International Value Fund.

Power Solutions International Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024

WOOD DALE, Ill., March 14, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced fourth quarter and full year 2023 financial results.

Key Points: 
  • Gross profit decreased by $1.9 million, or 6%, during the fourth quarter of 2023 as compared to the same period in the prior year.
  • For both the fourth quarter of 2023 and 2022, warranty costs were $1.0 million.
  • Net income in the fourth quarter of 2023 was $8.4 million, or $0.36 per share, compared to net income of $9.3 million, or $0.40 per share for the fourth quarter of 2022.
  • Adjusted net income was $7.5 million, or Adjusted income per share of $0.34 in the fourth quarter of 2023, compared to Adjusted net income of $10.1 million, or Adjusted income per share of $0.44 for the fourth quarter of 2022.

MBLY 6-DAY DEADLINE ALERT: Mobileye Global (MBLY) Faces Securities Class Action After Revealing Customers’ Excess Inventories, Hagens Berman Encourages Mobileye Global (MBLY) Investors with Substantial Losses to Contact Firm Before Mar. 18th Deadline

Retrieved on: 
Tuesday, March 12, 2024

SAN FRANCISCO, March 12, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Mobileye Global Inc. (NASDAQ: MBLY) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, March 12, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Mobileye Global Inc. (NASDAQ: MBLY) investors who suffered substantial losses to submit your losses now .
  • The truth emerged on Jan. 4, 2024, when Mobileye revealed that its OEM customers have excess inventories totaling 6-7 million units of EyeQ SoCs.
  • This news sent the price of Mobileye shares crashing $9.75 (or nearly 25%) lower on Jan. 4, 2024.
  • "We are investigating whether Mobileye may have misled investors about the true driver for its 2021-22 sales growth,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

Scorpius Holdings, Inc. Announces Closing of Public Offering

Retrieved on: 
Tuesday, March 12, 2024

DURHAM, N.C., March 12, 2024 (GLOBE NEWSWIRE) -- Scorpius Holdings, Inc. (NYSE American: SCPX), (“Scorpius” or the “Company”), an integrated contract development and manufacturing organization (CDMO), today announced the closing of its previously announced public offering of 10,000,000 shares of its common stock at a public offering price of $0.15 per share, for gross proceeds of $1,500,000, before deducting underwriting discounts and offering expenses.

Key Points: 
  • DURHAM, N.C., March 12, 2024 (GLOBE NEWSWIRE) -- Scorpius Holdings, Inc. (NYSE American: SCPX), (“Scorpius” or the “Company”), an integrated contract development and manufacturing organization (CDMO), today announced the closing of its previously announced public offering of 10,000,000 shares of its common stock at a public offering price of $0.15 per share, for gross proceeds of $1,500,000, before deducting underwriting discounts and offering expenses.
  • The Company intends to use the proceeds from the offering for working capital and general corporate purposes.
  • ThinkEquity acted as sole book-running manager for the offering.
  • Copies of the final prospectus supplement and the accompanying base prospectus relating to the offering may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York 10004, Attention: Prospectus Department.

RadNet Announces Closing of Public Offering of Common Stock

Retrieved on: 
Tuesday, March 12, 2024

LOS ANGELES, March 12, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, announced today the closing of its underwritten public offering of 5,232,500 shares of its common stock at a price to the public of $44.00 per share, which includes the exercise in full by the underwriters of their option to purchase up to 682,500 additional shares of its common stock.

Key Points: 
  • LOS ANGELES, March 12, 2024 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, announced today the closing of its underwritten public offering of 5,232,500 shares of its common stock at a price to the public of $44.00 per share, which includes the exercise in full by the underwriters of their option to purchase up to 682,500 additional shares of its common stock.
  • The gross proceeds to RadNet from the offering, before deducting the underwriting discounts and commissions and other offering expenses, are approximately $230.2 million.
  • RadNet intends to use the net proceeds from the proposed offering for general corporate purposes and future acquisitions.
  • RBC Capital Markets, Sidoti & Company, LLC and CJS Securities are acting as co-managers for the offering.

Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities

Retrieved on: 
Friday, April 5, 2024

Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:

Key Points: 
  • Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:
    a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on April 30, 2024 to holders of record as of April 15, 2024.
  • The Corporation also announced the following monthly distribution on its outstanding Trust Preferred Securities:
    a monthly distribution of $0.127604 per security of 6.125% Cumulative Monthly Income Trust Preferred Securities issued by Popular Capital Trust II, payable on May 1, 2024 to holders of record as of April 15, 2024.

Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution

Retrieved on: 
Friday, April 5, 2024

Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on April 30, 2024, to shareholders of record on April 17, 2024 (Ex-Dividend Date: April 16, 2024).

Key Points: 
  • Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on April 30, 2024, to shareholders of record on April 17, 2024 (Ex-Dividend Date: April 16, 2024).
  • Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Fund’s distribution policy.
  • For further information on Franklin Universal Trust, please visit our web site at: www.franklintempleton.com
    Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries.
  • Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions.