Articles from Business Wire

The voices of tomorrow resonated with hope and inspiration today as elementary students from Dallas, Houston, and Chicago took the stage for the final rounds of Foley & Lardner LLP’s Annual MLK Jr. Oratory Competitions. These talented fourth and fifth-graders delivered original speeches on the timely question: “What would Dr. King tell us about our responsibility as citizens and leaders in America today?”

Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Shannahan v. FTAI Aviation Ltd., et al., Case No. 25-cv-541, on behalf of persons and entities that purchased or otherwise acquired FTAI Aviation Ltd. (“FTAI” or the “Company”) (NASDAQFTAI) securities between July 23, 2024 and January 15, 2025, inclusive (the “Class Period”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”).

Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 21, 2025 to file lead plaintiff applications in a securities class action lawsuit against Visa Inc. (NYSEV), if they purchased the Company’s securities between November 16, 2023, and September 23, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of California.

Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 21, 2025 to file lead plaintiff applications in a securities class action lawsuit against Zeta Global Holdings Corp. (“Zeta” or the “Company”) (NYSEZETA), if they purchased the Company’s securities between February 27, 2024 and November 13, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 21, 2025 to file lead plaintiff applications in a securities class action lawsuit against Celsius Holdings, Inc. (the “Company”) (NasdaqCM: CELH), if they purchased the Company’s shares or sold Celsius puts between February 29, 2024 and September 4, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of Florida.

Cathay General Bancorp (Nasdaq: CATY), the holding company for Cathay Bank, announced that Mr. Kim R. Bingham will retire as Chief Risk Officer of Cathay Bank, effective January 21, 2025. Mr. Bingham will continue to serve Cathay Bank as Executive Vice President, Special Advisor to the Office of the President for a transition period that is anticipated to end on or about March 31, 2025, but will no longer be a designated executive officer of Cathay Bank.

Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Walgreens Boots Alliance, Inc. (NASDAQWBA) resulting from allegations that Walgreens may have issued materially misleading business information to the investing public.

The Board of Directors of Sensient Technologies Corporation (NYSESXT) has declared a regular quarterly cash dividend on its common stock of $0.41 per share. The cash dividend will be paid on March 3, 2025, to shareholders of record on February 4, 2025.

DATROWAY® (datopotamab deruxtecan-dlnk) has been approved in the US for the treatment of adult patients with unresectable or metastatic hormone receptor (HR)-positive, HER2-negative (IHC 0, IHC 1+ or IHC 2+/ISH-) breast cancer who have received prior endocrine-based therapy and chemotherapy for unresectable or metastatic disease. The approval by the US Food and Drug Administration (FDA) was based on results from the TROPION-Breast01 Phase III trial.

DATROWAY® (datopotamab deruxtecan-dlnk) has been approved in the U.S. for the treatment of adult patients with unresectable or metastatic hormone receptor (HR) positive, HER2 negative (IHC 0, IHC 1+ or IHC 2+/ISH-) breast cancer who have received prior endocrine-based therapy and chemotherapy for unresectable or metastatic disease.

Alliant Energy Corporation (NASDAQLNT) has scheduled its fourth quarter and year end 2024 earnings release for Thursday, February 20th, after market close. A conference call to review the fourth quarter and year end results is scheduled for Friday, February 21st at 9 a.m. CT.

(NASDAQRDFN) — Roughly one of every seven (14%) homes within the perimeters of the Palisades and Eaton fires in the Los Angeles area have been destroyed or damaged. That’s a total of 6,354 homes; of those, 5,449 (86%) were destroyed, and 905 (14%) were damaged. This is according to a new analysis from Redfin (redfin.com), the technology-powered real estate brokerage.

The Alliant Energy Corporation (NASDAQLNT) Board of Directors today declared a quarterly cash dividend of $0.5075 per share payable on February 18, 2025, to shareowners of record as of the close of business on January 31, 2025.

Convergent Energy and Power (Convergent), a leading provider of energy storage solutions in North America, today announced the closing of its $584.5 million guaranteed loan facility from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) to build a solar photovoltaic (PV) system with an integrated battery storage system and three stand-alone battery storage systems across Puerto Rico. Convergent’s solar PV and battery storage systems will play a vital role in improving Puerto Rico’s energy resilience and affordability while helping Puerto Rico meet its ambitious clean energy and climate goals.

RiverNorth Opportunities Fund, Inc. and RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. are each pleased to announce the declaration of preferred dividends for the first quarter of 2025, as detailed below.

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit for the month of January 2025. The distribution will be paid by Granite on Friday, February 14, 2025 to unitholders of record at the close of trading on Friday, January 31, 2025.

Yesterday, the United States Department of Justice (DOJ) filed a complaint in intervention in four separate whistleblower lawsuits brought by whistleblowers under the Controlled Substances Act (CSA) and the False Claims Act (FCA) against Walgreens. One of those suits, brought by Baron & Budd, alleges that Walgreens engaged in harmful opioid dispensing practices that contributed to the ongoing opioid epidemic.

The Tier I Hockey Federation is excited to announce the creation of the United States Premier Hockey League (USPHL) 18U Division for the 2025-26 season. This division will serve independent Tier I / AAA / Academy teams in North America and, as with the rest of the USPHL, will not be a part of USA Hockey. Nine organizations have committed to assembling 10 teams for the USPHL 18U inaugural season, with more coming in a later announcement. The USPHL 18U Division will be administrated by the Tier 1 Hockey Federation (“THF”). The THF serves as a direct pathway for junior and college hockey with over 50 organizations and almost 300 teams from 9U-18U. The new USPHL 18U Division will play 40 games in a competitive mix of intra-division games along with attending USPHL Showcases, playing in a junior hockey atmosphere.

A technologically advanced and energy efficient potash and salt production facility more than a decade in the making got a critical boost through a conditional commitment for a loan guarantee of up to $1.26 billion from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO).

Arrowhead Pharmaceuticals, Inc. (NASDAQARWR) today announced that the U.S. Food and Drug Administration (FDA) has accepted the New Drug Application (NDA) for investigational plozasiran for the treatment of familial chylomicronemia syndrome (FCS), a severe and rare genetic disease. The FDA provided a Prescription Drug User Fee Act (PDUFA) action date of November 18, 2025, and indicated it is not currently planning to hold an advisory committee meeting. Arrowhead also intends to submit applications for approval of investigational plozasiran for the treatment of patients with FCS to additional regulatory authorities in 2025.

GeneDx Holdings Corp. (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic insights, today announced that, effective as of January 14, 2025, the compensation committee of GeneDx’s board of directors granted a total of 69,089 restricted stock units (“RSUs”) to three newly-hired employees as inducements material to each employee entering into employment with GeneDx. The foregoing includes 37,497 RSUs granted to Bryan Dechairo, as an inducement material to the employment of Mr. Dechairo as Chief Operating Officer. The RSUs were granted under GeneDx’s 2023 Equity Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4).

MarketAxess Holdings Inc. (Nasdaq: MKTX) the operator of a leading electronic trading platform for fixed-income securities, will issue a press release announcing its fourth quarter and full-year 2024 financial results on Thursday, February 6, 2025, before the market opens. Chris Concannon, Chief Executive Officer, Richard Schiffman, Global Head of Trading Solutions, and Ilene Fiszel Bieler, Chief Financial Officer, will host a conference call to provide a strategic update and discuss the Company’s financial results and outlook on Thursday, February 6, 2025 at 10:00 a.m. ET.

ProPetro Holding Corp. ("ProPetro" or the “Company") (NYSEPUMP) today announced that it will issue its fourth quarter of 2024 earnings release on Wednesday, February 19, 2025, before the opening of trading. ProPetro will also host a conference call on Wednesday, February 19, 2025 at 8:00 AM Central Time to discuss its fourth quarter results.

Cleveland-Cliffs Inc. (NYSECLF) (“Cliffs”) will announce its full-year and fourth-quarter 2024 earnings results after the U.S. market close on Monday, February 24, 2025.

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Florida Lawyers Mutual Insurance Company (FLMIC) (Oviedo, FL). The outlook of the FSR is stable.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the life/health insurance subsidiaries of Prudential Financial, Inc. (PFI) (Newark, NJ) [NYSE: PRU], collectively referred to as Prudential. Concurrently, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) of PFI and all Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of the group. The outlook of these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the companies and ratings.)

KKR Real Estate Finance Trust Inc. (“KREF”) (NYSEKREF) announced today that it plans to release its financial results for the fourth quarter 2024 on Monday, February 3, 2025, after the closing of trading on the New York Stock Exchange.

EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, today announced the successful completion of contract and funding negotiations with the U.S. Department of Energy (DOE). This final agreement secures a $199 million award from the DOE’s Office of Manufacturing and Energy Supply Chains, which will support the construction of EnerSys’ state-of-the-art lithium-ion cell production facility in Greenville, South Carolina.

Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced the net profits interest calculation for January 2025. The net profits interest calculation represents reported oil production for the month of October 2024 and reported natural gas production during September 2024. The calculation includes accrued costs incurred in November 2024.

Scholar Rock (NASDAQ: SRRK; the “Company”), a late-stage biopharmaceutical company focused on advancing innovative treatments for spinal muscular atrophy, cardiometabolic disorders, and other serious diseases where protein growth factors play a fundamental role, today announced that the company granted inducement equity awards covering an aggregate of 48,000 shares of its common stock to three newly hired employees, consisting of inducement stock options to purchase an aggregate of 27,429 shares of common stock and inducement restricted stock units, covering an aggregate of 20,571 shares of its common stock.

VOC Energy Trust (NYSEVOC) announced the Trust distribution of net profits for the quarterly payment period ended December 31, 2024.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of January 2025. Unitholders of record on January 31, 2025 will receive distributions amounting to $0.000453223 per unit, payable on April 30, 2025. The Trust received $18,282, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in January 2025 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $845.

The InfraCap MLP ETF (NYSE Arca: AMZA) (the “Fund”) has declared a monthly distribution of $0.29 ($3.48 per share on an annualized basis). The distribution will be paid January 28, 2025 to shareholders of record as of the close of business January 21, 2025.

Selfii, the leader in privacy-preserving health data solutions for individuals and healthcare organizations, today announced the launch of TripleBlind Exchange, a first-of-its-kind data marketplace enabling secure, HIPAA/GDPR-compliant access to protected health information (PHI) without the need for traditional de-identification methods, marking the solution as a novel alternative to current market offerings.

Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) today announced that on January 13, 2025, the Compensation Committee of Acadia’s Board of Directors (the “Committee”) granted inducement awards consisting of non-qualified stock options to purchase 23,782 shares of common stock and 13,928 restricted stock units (“RSUs”) to twelve new employees under Acadia’s 2024 Inducement Plan. The Compensation Committee approved the awards as an inducement material to the new employees’ employment in accordance with Nasdaq Listing Rule 5635(c)(4).

Flowco Holdings Inc. (“Flowco”), a provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry, today announced the closing of its initial public offering of 20,470,000 shares of its Class A common stock at a public offering price of $24.00 per share, including the full exercise by the underwriters of their option to purchase up to an additional 2,670,000 shares of Class A common stock from Flowco at the initial public offering price, less underwriting discounts and commissions. Flowco’s Class A common began trading on the New York Stock Exchange on January 16, 2025 under the ticker symbol “FLOC.”

Columbia Sportswear Company (Nasdaq: COLM) plans to release fourth quarter 2024 financial results at approximately 4:05 p.m. ET on Tuesday, February 4, 2025.

Evolus, Inc. (NASDAQEOLS), a performance beauty company with a focus on building an aesthetic portfolio of consumer brands, today reported the grant in January of an aggregate of 15,332 restricted stock units (RSUs) of the company’s common stock to 6 newly hired non-executive employees of the company. The awards were approved by the compensation committee of the company’s board of directors under the Evolus’ 2023 Inducement Incentive Plan, with a grant date and vesting commencement date of January 7, 2025, as an inducement material to the new employees entering into employment with Evolus in accordance with Nasdaq Listing Rule 5635(c)(4).

RB Global, Inc. (NYSERBA) (TSX: RBA) announced today that it will release fourth-quarter and full-year 2024 financial results after the market closes on Tuesday, February 18, 2025.

Winchester, The American Legend, will be featured on the No. 3 Chevrolet driven by Austin Dillon as a part of the Richard Childress Racing team during the 2025 NASCAR Cup Series season.

Ioneer Ltd (ASX: INR, Nasdaq: IONR) (Ioneer) announced the closing of a $996 million loan from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) under the Advanced Technology Vehicles Manufacturing (ATVM) program to support the development of an on-site processing facility at the Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada.

Newell Brands Inc. (NASDAQNWL) today announced its fourth quarter and full year 2024 earnings results will be released Friday, February 7, 2025 prior to market open and will be followed by a live webcast at 9:00 a.m. ET. To listen to the webcast, please select Events & Presentations from the Investors tab of the Newell Brands website at www.newellbrands.com. The live webcast will be recorded and made available for replay.

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Pacira BioSciences, Inc. (“Pacira” or “the Company”) (NASDAQPCRX) and certain of its officers.

The Federal Emergency Management Agency (FEMA) and the Disaster Recovery Coalition of America (DRCA) have signed a groundbreaking Memorandum of Agreement (MOA) to enhance collaboration in disaster preparedness, operational readiness, response, and recovery. This partnership signifies a shared commitment to leveraging public-private resources and expertise to improve disaster resilience and support for communities across the nation.

Galley Bay Resort & Spa in Antigua has been accepted into Virtuoso®’s exclusive portfolio of luxury travel partners, comprising 2,300 preferred suppliers in 100 countries. According to James Lane, managing director of Galley Bay, inclusion in Virtuoso will present new sales and marketing opportunities to the network’s luxury travel advisors and their highly desirable clientele. Virtuoso agencies worldwide sell an average of (U.S.) $35 billion annually, making the network the most significant player in luxury travel.

State Street Corporation (NYSESTT) reported its fourth-quarter and full-year 2024 financial results earlier today. The news release, presentation and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com.

Bitwarden:

Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of TELUS International (Cda) Inc. (“TELUS” or the “Company”) (NYSETIXT) investors concerning the Company’s possible violations of the federal securities laws.

The Feinstein Institutes for Medical Research has been awarded a five-year, $2.9 million grant from the National Institutes of Health (NIH) to investigate the potential of human ghrelin, a naturally occurring hormone, as a medical countermeasure against radiation-induced gastrointestinal syndrome (GI-ARS).

American BioCarbon, a leading producer of biochar for agricultural use and carbon sequestration, announced its successful attainment of Organic Materials Review Institute (OMRI) Listing for its flagship biochar product. This milestone represents a significant achievement which underscores the company's commitment to organic and environmentally responsible agricultural technologies.

Cushman & Wakefield (NYSECWK), a leading global real estate services firm, announced that it again earned a perfect score of 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

Emera Incorporated (“Emera”) today announced that the exchange offer (the “Exchange Offer”) for USD $500,000,000 aggregate principal amount of outstanding 7.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054 (the “Old Notes”) by its wholly owned indirect subsidiary, EUSHI Finance, Inc. (the “Issuer”) expired at midnight, New York City Time, on January 13, 2025.

Certified Financial Planner Board of Standards, Inc. (CFP Board), a nonprofit organization with more than 100,000 CFP® professionals who have made a commitment to meet CFP Board’s ethical and competency standards, today announced that it has imposed an interim suspension of the CFP Board financial planning certification and right to use the CFP Board certification marks against Kevin E. Davis, effective July 2, 2024.

Certified Financial Planner Board of Standards, Inc. (CFP Board), a nonprofit organization with more than 100,000 CFP® professionals who have made a commitment to meet CFP Board’s ethical and competency standards, today announced actions taken to uphold its ethical standards, imposing sanctions on 17 individuals.

American Water (NYSEAWK), the largest regulated water and wastewater utility company in the U.S., announced that Robert Burton, currently president of West Virginia American Water, has been named president of Kentucky American Water. Burton replaces Kathryn Nash, who is retiring from the company on March 1, 2025. Additionally, Scott Wyman will join American Water as president of West Virginia American Water, effective Jan. 27, 2025.

A multimedia asset accompanying this release dated January 7, 2025 has been removed.

Davidson Bogel Real Estate (“DB2RE”) is pleased to announce a new retail shopping center anchored by Kroger (NYSEKR) in northwest Fort Worth. Houston-based real estate developer, SDI Realty, partnered with Nexus Real Estate Co. to purchase the land.

Davidson Bogel Real Estate (“DB2RE”) is proud to announce its successful representation of Kroger (NYSEKR) in the acquisition of a 14-acre property in Little Elm, Texas from local investment firm Dollar-Flowers Realty Partners.

A new era of training for advanced human performance has arrived. Today InVeris announces the launch of fats® LIVE, an innovative new hybrid training system combining the best of virtual training, including instant data capture and reporting, with the unmatched realism of live fire shooting.

Acclaim Lighting, a leader in innovative and advanced lighting technology, introduces Unity™ S1. Unity S1 is an advanced outdoor-rated floodlight featuring Acclaim’s industry-first Spectrum Five RGBAL light that produces high-CRI whites from 1800K-6000K, full RGBAL color mixing, and dynamic white operation all in one fixture.

Burkhan World Investments (BWI), a leading global investment firm, congratulates Taiwan Semiconductor Manufacturing Company (TSMC) on its remarkable Q4 earnings. The stellar results underline the unparalleled growth trajectory in the semiconductor and advanced computing sectors, reaffirming BWI’s strategic focus on cutting-edge technologies, including Edge AI.

Consensus Cloud Solutions, Inc. (NASDAQCCSI), a leading provider of digital cloud fax and interoperability solutions, today announced that it is offering a free plan of its flagship digital cloud fax solution, eFax®, to aid in disaster response.

PotlatchDeltic Corporation (Nasdaq: PCH) announced today the tax treatment for its dividend distributions made in 2024 on the company’s Common Stock (CUSIP# 737630103).

The "Gastroesophageal Reflux Disease Therapeutics Market Size, Share & Trends Analysis Report By Drug Type, By Region, And Segment Forecasts, 2025 - 2030" report has been added to ResearchAndMarkets.com's offering.

The "All-terrain Vehicle Market Size, Share & Trends Analysis Report By Engine Type, By Application, By Region, And Segment Forecasts, 2025 - 2030" report has been added to ResearchAndMarkets.com's offering.

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Humacyte, Inc. (“Humacyte” or “the Company”) (NASDAQHUMA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The "Power Tools Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The board of directors of MGE Energy, Inc. (Nasdaq: MGEE), today declared the regular quarterly dividend of $0.45 per share on the outstanding shares of the company's common stock, payable March 15, 2025, to shareholders of record at the close of business March 1, 2025.

Justrite Safety Group, an Audax Private Equity portfolio company and global manufacturer of safety products, has announced the acquisition of Global Spill and Safety, an Australian company specializing in the manufacturing and distribution of industrial safety solutions such as spill-containment products, absorbents, and more. This strategic acquisition enhances Justrite's comprehensive portfolio of safety solutions while expanding its global footprint in the Asia-Pacific region.

The Travelers Companies, Inc. (NYSETRV) today announced a commitment of $1 million to assist wildfire relief and recovery efforts in California. Funds will support All Hands and Hearts, California Community Foundation, International Medical Corps and Team Rubicon.

Law Offices of Howard G. Smith announces an investigation on behalf of TELUS International (Cda) Inc. (“TELUS” or the “Company”) (NYSETIXT) investors concerning the Company’s possible violations of federal securities laws.

Real estate industry leaders Related Group (Related) and BH Group, in partnership with the leading authority in travel Viceroy, today unveiled details for Viceroy Residences Aventura. Offering 274 homes, the property debuts as Aventura’s first branded residences, and represents Related’s second collaboration with the celebrated Viceroy brand. Sales are represented exclusively by Cervera Real Estate and are set to launch later this month.

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. (“Wolfspeed” or “the Company”) (NYSEWOLF) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Singular Genomics Systems, Inc. (“Singular Genomics” or “the Company”) (NASDAQOMIC) for potential breaches of fiduciary duty on the part of its directors and management.

American Water Works Company, Inc. (NYSEAWK) announced today that it intends to release its 2024 fourth quarter and year-end financial results after the market closes on Wednesday, February 19, 2025.