IRS

FINAL DEADLINE REMINDER FOR CMI INVESTORS: Kessler Topaz Meltzer & Check, LLP Announces Final Lead Plaintiff Deadline in Securities Class Action Lawsuit Filed Against Cummins Inc. (CMI)

Retrieved on: 
Thursday, March 14, 2024

The action charges Cummins with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.

Key Points: 
  • The action charges Cummins with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • As a result of Cummins’ s materially misleading statements and omissions to the public, Cummins’ s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Cummins investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel.

Aware Reports Fourth Quarter Financial Results

Retrieved on: 
Tuesday, March 12, 2024

BURLINGTON, Mass., March 12, 2024 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometrics, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Total revenue increased 8% year-over-year to $4.4 million, compared to $4.1 million in the fourth quarter of 2022.
  • Recurring revenue for the fourth quarter of 2023 totaled $3.7 million, an increase of 40% compared to $2.6 million in the fourth quarter of 2022.
  • Adjusted EBITDA loss (a non-GAAP metric reconciled below) for the fourth quarter of 2023 totaled $1.2 million, compared to Adjusted EBITDA of $0.4 million in the third quarter of 2023 and adjusted EBITDA loss of $1.5 million in the same year-ago period.
  • Aware management will host a webcast today, March 12, 2024, at 5:00 p.m. Eastern time to discuss these results and provide an update on business conditions.

Redfin Survey: Half of U.S. Homeowners and Renters Struggle to Afford Their Housing Payments

Retrieved on: 
Friday, April 5, 2024

(NASDAQ: RDFN) — Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford their housing payments, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Key Points: 
  • (NASDAQ: RDFN) — Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford their housing payments, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.
  • More than one-third of homeowners and renters (34.5%) who struggle to afford housing indicated that they skipped vacations in the past year in order to afford their monthly costs.
  • Roughly 1 in 6 (15.5%) Gen Xers who struggle to afford housing dipped into retirement savings to afford monthly housing costs.
  • And homeowners (59.9%) were roughly twice as likely as renters (30.8%) to indicate that they easily afford their housing payments.

NYSE: HRT CLASS ACTION ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Announces Securities Class Action Lawsuit Filed Against HireRight Holdings Corporation (HRT)

Retrieved on: 
Thursday, April 4, 2024

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Middle District of Tennessee against HireRight Holdings Corporation (“HireRight”) ( NYSE: HRT ).

Key Points: 
  • The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Middle District of Tennessee against HireRight Holdings Corporation (“HireRight”) ( NYSE: HRT ).
  • The action charges HireRight with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • Kessler Topaz Meltzer & Check, LLP encourages HireRight investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The class action complaint against HireRight, Deutsch v. HireRight Holdings Corporation, et al., Case No.

Nyakio Grieco, Debbi Hartley-Triesch, Hannah Bronfman and Dr. Dendy Engelman to Be Honored at 2024 Outstanding Mother Awards

Retrieved on: 
Tuesday, April 2, 2024

The 46th Annual Outstanding Mother Awards will honor four influential leaders across beauty, retail, business and medicine on Thursday, May 9, 2024, at The Pierre Hotel in New York City.

Key Points: 
  • The 46th Annual Outstanding Mother Awards will honor four influential leaders across beauty, retail, business and medicine on Thursday, May 9, 2024, at The Pierre Hotel in New York City.
  • The National Mother’s Day Committee celebrates these women for their inspiring dedication to their families, careers and communities.
  • A VIP press reception will precede the awards ceremony at 11:00 a.m., during which honorees will be available for select interviews and photo opportunities.
  • For more information, please contact Sharika Tharani at 973-615-5787 or [email protected] .

6G Communications Zero Energy Devices ZED Industry Research 2024: Global Markets, Technology, Materials Opportunities Forecasts to 2044 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024

The "6G Communications Zero Energy Devices ZED: Markets, Technology, Materials Opportunities 2024-2044" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "6G Communications Zero Energy Devices ZED: Markets, Technology, Materials Opportunities 2024-2044" report has been added to ResearchAndMarkets.com's offering.
  • 6G Communications will become more viable by adopting zero energy devices ZED in its infrastructure.
  • In addition, many 6G business cases are based on it enabling client devices at the edge of its networks to be zero energy.
  • It is called, "massless energy" and it is of considerable importance for both 6G ZED infrastructure and client devices.

MP Materials Awarded $58.5 Million to Advance U.S. Rare Earth Magnet Manufacturing

Retrieved on: 
Monday, April 1, 2024

MP Materials (NYSE: MP) has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility.

Key Points: 
  • MP Materials (NYSE: MP) has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility.
  • View the full release here: https://www.businesswire.com/news/home/20240401035042/en/
    MP Materials has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility, pictured in October 2023, Fort Worth, Texas (Photo: Business Wire)
    Neodymium-iron-boron (NdFeB) magnets are the world’s most powerful and efficient permanent magnets.
  • MP Materials began constructing its Fort Worth, Texas, manufacturing facility in April 2022.
  • MP will source the factory’s raw material inputs from Mountain Pass, California, where MP owns and operates America’s only scaled and operational rare earth mine and separations facility.

Tax Tip From MEFA: Send Your Tax Refund Directly to Your 529

Retrieved on: 
Thursday, March 28, 2024

Using a tax refund to add money to a 529 college savings account is one of the best ways to boost college savings, and it’s possible to transfer a tax refund directly into a 529 account.

Key Points: 
  • Using a tax refund to add money to a 529 college savings account is one of the best ways to boost college savings, and it’s possible to transfer a tax refund directly into a 529 account.
  • This is one of several tax season tips that can help families save for college, advises MEFA.
  • View the full release here: https://www.businesswire.com/news/home/20240328945670/en/
    Tax filers can use IRS Form 8888 to direct their refunds into up to three separate accounts, including a U.Fund 529 college savings account.
  • Consult a professional tax advisor to see if there are other education-related tax benefits such as deducting expenses for daycare, preschool, kindergarten, after-school programs, and camps.

Gen Z Driving Shift Toward Digital Tax Payments, According to New Report From ACI Worldwide

Retrieved on: 
Wednesday, March 27, 2024

These behaviors reflect growing mistrust of professional tax institutions and a generational shift toward personal networks and digital payment platforms.

Key Points: 
  • These behaviors reflect growing mistrust of professional tax institutions and a generational shift toward personal networks and digital payment platforms.
  • Unlike Baby Boomers, Gen Xers and even Millennials, Gen Z respondents preferred alternative payment methods (10%) and credit cards (17%).
  • Additionally, Gen Z taxpayers are several times more likely to engage sources outside of professional tax preparers.
  • “This year's findings highlight a pivotal shift towards digital and alternative payment methods, especially among Gen Z.

Midland Retirement Distributors® Launches Summit Journey℠ 10

Retrieved on: 
Tuesday, March 26, 2024

Midland Retirement Distributors , a division of Sammons Institutional Group®, Inc., and member company of Sammons Financial Group , has launched Summit Journey℠ 10, a new fixed index annuity.

Key Points: 
  • Midland Retirement Distributors , a division of Sammons Institutional Group®, Inc., and member company of Sammons Financial Group , has launched Summit Journey℠ 10, a new fixed index annuity.
  • In a world of financial uncertainty, clients are seeking ways to create guaranteed income streams for retirement, protect their premium against market downturns, and allow opportunities for upside potential.
  • Issued by Midland National® Life Insurance Company , the Summit Journey offers a built-in guaranteed lifetime withdrawal benefit (GLWB) rider providing income payments clients cannot outlive1.
  • The Summit Journey allows more flexibility of a client’s income stream, helping them to financially prepare for the many challenges faced in retirement.