Globe Life Inc., formerly known as Torchmark Corporation, is currently facing a class action securities lawsuit that aims to recover losses suffered by shareholders who were allegedly impacted by securities fraud between May 8, 2019, and April 10, 2024. The lawsuit alleges that Globe Life engaged in insurance fraud, leading to inflated financial results, and…
Levi & Korsinsky, a renowned securities litigation firm, has initiated an investigation into AXT, Inc. (NASDAQ:AXTI) over potential violations of federal securities laws. The probe comes in response to a report published by J Capital Research on April 4, 2024, which shed light on undisclosed issues surrounding the company’s subsidiary in China. AXT, Inc., a…
Infosys, a global leader in next-generation digital services and consulting, has announced a strategic three-year partnership with the ABB FIA Formula E World Championship, the global motorsport championship for electric cars. As the official Digital Innovation Partner, Infosys will provide in-race analytics, unlock fan engagement experiences, and enhance sustainability reporting and tracking for the Formula…
Montage Gold Corp. has reached a significant milestone in the development of its Koné project in Côte d’Ivoire. The company has received the necessary environmental approvals from the Ministry of the Environment, Sustainable Development and Ecological Transition of Côte d’Ivoire, granting the Environmental Permit for the project. This permit allows Montage to move forward with…
Taboola, a leading technology company specializing in recommendations for the open web, has announced impressive financial results for the first quarter of 2024. The company exceeded the high end of its guidance across all key metrics, showcasing its strong momentum and accelerated growth rates. In Q1 2024, Taboola reported revenues of $414 million, gross profit…
Infosys, a global leader in digital services and consulting, has announced a strategic collaboration with Yunex Traffic, a global leader in intelligent traffic solutions. This collaboration aims to accelerate Yunex Traffic’s digital transformation journey across 16 countries, including the United States, United Kingdom, and Germany. The collaboration between Infosys and Yunex Traffic will focus on…
Faraday Copper Corp. has announced promising results from its Gold Program at the Copper Creek project in Arizona, USA. The findings indicate the potential for a substantial increase in value through the inclusion of payable gold in future Mineral Resource Estimates (MRE). The Keel Zone, which represents a significant portion of the current underground MRE,…
Malibu Boats, Inc. (NASDAQ: MBUU) shareholders have been advised to reach out to The Gross Law Firm before June 28, 2024, to discuss their rights. The law firm has issued a notice encouraging shareholders who purchased MBUU shares during the class period between November 4, 2022, and April 11, 2024, to consider possible lead plaintiff…
Discover Home Loans recently conducted a survey to gain insights into Americans’ intentions for their homes, whether they prefer renovating their current properties or purchasing new houses that better suit their needs and personal style. The survey findings shed light on the impact of high interest rates on homeowners and their financing options, as well…
MannKind Corporation, a leading company specializing in the development and commercialization of innovative inhaled therapeutic products and devices, has announced that its Clofazimine Inhalation Suspension (MNKD-101) has been granted Fast Track designation by the U.S. Food and Drug Administration (FDA) for the treatment of nontuberculous mycobacterial (NTM) lung disease. This designation is aimed at expediting…
