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Business - Page 99

$100 Invested In Deckers Outdoor 20 Years Ago Would Be Worth This Much Today
2025-03-28

$100 Invested In Deckers Outdoor 20 Years Ago Would Be Worth This Much Today

Deckers Outdoor (NYSE:DECK) has outperformed the market over the past 20 years by 14.59% on an annualized basis producing an average annual return of 22.68%. Currently, Deckers Outdoor has a market capitalization of $17.09 billion. Buying $100 In DECK: If ...Full story available on Benzinga.com

2025-03-28

US Consumer Sentiment Sinks as Tariffs Drive Price Expectations - Bloomberg

US Consumer Sentiment Sinks as Tariffs Drive Price Expectations BloombergWall Street slides as US consumer sentiment falls to two-year low amid tariff fears – as it happened The GuardianVideo: U.S. consumer confidence deteriorates further in March The Globe and MailTrading Day: Another vote of consumer no confidence Yahoo Canada FinanceU.S. consumer confidence tumbles for 4th straight month amid Trump’s tariffs Global News Kingston

Inspector general says cannabis regulators failed to collect $1.75M in fees
2025-03-28

Inspector general says cannabis regulators failed to collect $1.75M in fees

Inspector General Jeffrey Shapiro called the oversight “an egregious operational breakdown” and has called for an audit of the commission.

Tampa's Benchmark International plots global growth, new services
2025-03-28

Tampa's Benchmark International plots global growth, new services

The company is repositioning itself to capture emerging market trends and buyer interests.

Trump commutes sentences of Ozy Media founder Carlos Watson and company
2025-03-28

Trump commutes sentences of Ozy Media founder Carlos Watson and company

President Donald Trump commuted the criminal fraud sentence of Ozy Media founder Carlos Watson on Friday, just as Watson was due to begin serving a 116-month prison term in California for his multi-million-dollar scheme.Trump also commuted the sentence of probation imposed on Ozy Media for its related conviction in the case, according to a source familiar with the situation.Watson was convicted at trial in Brooklyn federal court in last July of conspiracy to commit securities fraud, conspiracy to commit wire fraud and aggravated identity theft.The 55-year-old was sentenced in December.In February, a federal judge ordered Watson and Ozy to pay almost $60 million in forfeiture and more than $36 million in restitution.When Watson was sentenced, then-Brooklyn U.S. Attorney Breon Peace said, “Carlos Watson orchestrated a years-long, audacious scheme to defraud investors and lenders to his company, Ozy Media, out of tens of millions of dollars.”Prosecutors said that Watson and his co-conspirators between 2018 and 2021 defrauded investors by misrepresenting Ozy’s financial performance, its ongoing business relationships and its acquisition prospects, as well as its contract negotiations.Matthew Eisman | Getty ImagesFILE PHOTO: OZY FEST 2018 at Rumsey Playfield, Central Park on July 21, 2018 in New York City.Ozy abruptly shut down in October 2021, after The New York Times reported that the company’s chief operating officer, Samir Rao, had impersonated a YouTube executive on a conference call with Goldman Sachs.The investment bank was considering a $40 million investment in Ozy at the time.This is breaking news. Please refresh for updates.

Robinhood CEO sees Amazon-like subscription model as path to 'loyalty' in financial services
2025-03-28

Robinhood CEO sees Amazon-like subscription model as path to 'loyalty' in financial services

Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product suite.

2025-03-28

Mining Company Seeks Trump Support to Shortcut Access to Seabed Metals - The New York Times

Mining Company Seeks Trump Support to Shortcut Access to Seabed Metals The New York TimesThere's no rulebook for deep-sea mining. Companies want to push forward anyway NPRTMC Initiates U.S. Exploration License Process TipRanksTMC the metals company to apply for deep-sea mining permits in Q2 (TMC:NASDAQ) Seeking AlphaThe Metals Company to apply for deep sea exploration license under US legislation Baird Maritime

From the Editor: Hard lessons from my coaching debut
2025-03-28

From the Editor: Hard lessons from my coaching debut

"My job at the first game of the season was supposed to be simple: watch the clock and help sub players in and out. And yet, I found myself with pre-game jitters."

2025-03-28

AP Business SummaryBrief at 10:42 p.m. EDT

A federal judge temporarily blocks parts of Trump's anti-DEI executive orders

Trump Media Partner Crypto.Com Announces End Of SEC Enforcement Action, Native Token Soars 12%
2025-03-28

Trump Media Partner Crypto.Com Announces End Of SEC Enforcement Action, Native Token Soars 12%

Crypto.com's native token Cronos (CRYPTO: CRO) surged to the top of the gainers list on Thursday after the firm announced that the SEC would not take any enforcement action against it.What happened: Kris Marszalek, the company's CEO, said on X, "The SEC's investigation into Crypto.com has been closed with no action being taken against Crypto.com."The SEC didn't immediately respond to Benzinga's request for comment.The SEC's investigation into https://t.co/pFc4Pz9nFR has been closed with no action being taken against https://t.co/pFc4Pz9nFR.— Kris | Crypto.com (@kris) March 27, 2025The announcement sparked a 12% rally ...Full story available on Benzinga.com

Benson Hill gets multimillion-dollar lifeline as lenders mull buyout
2025-03-28

Benson Hill gets multimillion-dollar lifeline as lenders mull buyout

A Creve Coeur-based agriculture technology firm with an uncertain future has received initial bankruptcy court approval for financing to continue operations while a group of lenders mulls buying the business.

A federal judge temporarily blocks parts of Trump’s anti-DEI executive orders
2025-03-28

A federal judge temporarily blocks parts of Trump’s anti-DEI executive orders

CHICAGO (AP) — A federal judge has temporarily blocked the U.S. Department of Labor from implementing parts of President Donald Trump’s executive orders aimed at curbing diversity, equity and inclusion efforts among federal contractors and grant recipients. Judge Matthew Kennelly of the U.S. District Court for the Northern District of Illinois halted the Labor Department [...]

What the Options Market Tells Us About Verizon Communications
2025-03-27

What the Options Market Tells Us About Verizon Communications

Deep-pocketed investors have adopted a bearish approach towards Verizon Communications (NYSE:VZ), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in VZ usually suggests something big is about to happen.We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Verizon Communications. This level of activity is out of the ordinary.The general mood among these heavyweight investors is divided, with 40% leaning bullish and 60% bearish. Among these notable options, 2 are puts, totaling $69,840, and 8 are calls, amounting to $376,840.What's The Price Target?After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $40.0 and $46.5 for Verizon Communications, spanning the last three months.Insights into Volume & Open InterestAssessing the volume and open interest is a strategic step in options trading. These ...Full story available on Benzinga.com

2025-03-27

Ferrari Plans to Raise US Prices Up to 10% After Tariffs Hit - Bloomberg

Ferrari Plans to Raise US Prices Up to 10% After Tariffs Hit BloombergFerrari says it will raise prices by 10% on some models to offset auto tariffs CNBCFerrari announces price hikes but won’t pass along the entire tariff increase MarketWatchFerrari to Shield Customers From Brunt of U.S. Tariffs The Wall Street JournalFerrari raises some prices in response to U.S auto tariffs Reuters

Rivian Automotive Unusual Options Activity
2025-03-27

Rivian Automotive Unusual Options Activity

Investors with a lot of money to spend have taken a bullish stance on Rivian Automotive (NASDAQ:RIVN).And retail traders should know.We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with RIVN, it often means somebody knows something is about to happen.Today, Benzinga's options scanner spotted 21 options trades for Rivian Automotive.This isn't normal.The overall sentiment of these big-money traders is split between 71% bullish and 23%, bearish.Out of all of the options we uncovered, there was 1 put, for a total amount of $28,600, and 20, calls, for a total amount of $1,316,552.What's The Price Target?Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $30.0 for Rivian Automotive during the past quarter. Analyzing Volume & Open InterestIn terms of liquidity and interest, the mean open interest for Rivian Automotive ...Full story available on Benzinga.com

2025-03-27

Neil Fink Joins Associated Insurance and Risk Management Advisors as Vice President, Producer

Rolling Meadows, IL March 27, 2025 --(PR.com)-- Associated Insurance and Risk Management Advisors has announced that Neil Fink has joined the company as vice president and producer. Fink has over 21 years of experience in commercial and personal insurance."We’re thrilled to welcome Neil to the Associated team,” said our COO, Jon Zabikow. “His deep industry experience and genuine commitment to clients make him a perfect fit for our culture. He’s built a strong personal brand in the Twin Cities, and we’re excited to see that reputation continue ...Full story available on Benzinga.com

2025-03-27

AMD Stock Downgraded As Chipmaker Lags Nvidia In AI

An analyst downgraded AMD stock after tests showed the chipmaker badly lags Nvidia in developing chips for artificial intelligence.The post AMD Stock Downgraded As Chipmaker Lags Nvidia In AI appeared first on Investor's Business Daily.

2025-03-27

Mayo Clinic manufacturing engineers on the cusp of delivering new biotherapies

Manufacturing engineers are at the forefront of bringing new medicines derived from human sources such as cells, blood and genes to patients. They produce what are often first-of-their kind biotherapies for diseases that previously had few or no treatment options.

Amazon is selling a $33 purse organizer for only $11, and shoppers call it a 'game changer'
2025-03-27

Amazon is selling a $33 purse organizer for only $11, and shoppers call it a 'game changer'

"This insert was just what I needed to keep my purse organized."

Amtrak pulls most of its Cascades railcars out of service due to corrosion
2025-03-27

Amtrak pulls most of its Cascades railcars out of service due to corrosion

Round-trip train service via Amtrak Cascades is down to just one train set in the Pacific Northwest, affecting nearly all daily service to its 18 stops between Eugene, Ore., and Vancouver, B.C.

2025-03-27

Ferrari says it will raise prices by 10% on some models to offset auto tariffs - CNBC

Ferrari says it will raise prices by 10% on some models to offset auto tariffs CNBCFerrari announces price hikes but won’t pass along the entire tariff increase MarketWatchFerrari's luxury cars are about to get more expensive, thanks to Trump's tariffs QuartzFerrari says U.S auto tariffs will not impact 2025 financial targets ReutersFerrari to Shield Customers From Brunt of U.S. Tariffs The Wall Street Journal

Can Fartcoin Beat Dogecoin, Shiba Inu To Become The 'Biggest Winner This Year'?
2025-03-27

Can Fartcoin Beat Dogecoin, Shiba Inu To Become The 'Biggest Winner This Year'?

Fartcoin (CRYPTO: FARTCOIN) has seen significant gains over the past week, prompting traders to speculate about potential exchange listing sand positioning it as the next major meme coin. What Happened: In an X post on March 27, crypto trader MaxBecauseBTC highlighted that the Solana (CRYPTO: SOL) meme coin Fartcoin is dominating the sector, capturing attention from both crypto natives and traditional finance. He suggested that despite its meme-like origins, Fartcoin could reach a deca-billion valuation if momentum continues.He sees it as ...Full story available on Benzinga.com

2025-03-27

BIC: Release and Availability of the 2024 Universal Registration Document

Release and Availability of the 2024 Universal Registration Document

2025-03-27

BIC: Mise à disposition du Document d’Enregistrement Universel 2024

Mise à disposition du Document d’Enregistrement Universel 2024

2025-03-27

Biotech Zooms Into Breakout Zone On Hard-Fought Approval - Investor's Business Daily

Biotech Zooms Into Breakout Zone On Hard-Fought Approval Investor's Business DailySoleno Therapeutics Announces U.S. FDA Approval of VYKAT(TM) XR to Treat Hyperphagia in Prader-Willi Syndrome GlobeNewswireUS FDA approves first treatment for rare genetic disorder Prader-Willi syndrome ReutersSoleno Therapeutics' 'life-changing' rare-disease drug approved | STAT STATDrugmaker Soleno Soars on Approval to Treat Never Ending Hunger Bloomberg

As big tech bubble fears grow, the build-your-own AI boom is just starting, with a simple math game teaching the machines to reason
2025-03-27

As big tech bubble fears grow, the build-your-own AI boom is just starting, with a simple math game teaching the machines to reason

Fears of a big tech generative AI bubble are growing, but among researchers, it's never been easier to build your own AI on the cheap and watch it learn.

2025-03-27

Trade War Sends These Canada Stocks Soaring - Investor's Business Daily

Trade War Sends These Canada Stocks Soaring Investor's Business DailyTariffs are sending markets on a wild ride. Here's advice for young investors CTV NewsHedge fund managers play defence, hunt for bargains in trade war The Globe and MailPrecious Metals Are a Hot Commodity Under Trump Tariffs: 2 TSX Stocks to Consider Yahoo Canada FinanceA Simple Way to Invest During the U.S.-Canada Trade War MSN

Bollinger Shipyards Awarded Nearly $1B to Cover Cost Overruns of Coast Guard Polar Security Cutter Program
2025-03-27

Bollinger Shipyards Awarded Nearly $1B to Cover Cost Overruns of Coast Guard Polar Security Cutter Program

Mississippi-based Bollinger Shipyards has received a $951.6 million Fixed-Price-Incentive-Firm Target (FPIF) contract modification from the U.S. Coast Guard to continue designing and constructing the first new heavy icebreakers, also known as the Polar Security Cutter (PSC).

2025-03-27

Tigermed Reports Full Year 2024 Results

HANGZHOU, China, March 27, 2025 /PRNewswire/ -- Hangzhou Tigermed Consulting Co., Ltd. ("Tigermed" or the "company") (Stock code: 300347.SZ / 3347.HK), a leading global provider of integrated research and development solutions for biopharmaceutical and medical device industry, announced...

Dallas OKs park purchase that could aid Valley View mall redevelopment
2025-03-27

Dallas OKs park purchase that could aid Valley View mall redevelopment

Dallas City Council approved March 26 the $11.3 million purchase of a roughly 79,916-square-foot strip mall at 13305 Montfort Dr.

2025-03-27

Oildash Introduces Buy Now, Pay Later Option for Oil and HVAC Services, Marking a First in the Industry

On April 4, 2025, Oildash will roll out its new Buy Now, Pay Later feature, offering flexible payment plans for heating oil, HVAC, and burner services. Founded in 2019 by Joel Cineas, Oildash aims to simplify access to essential home services and ensure fast payouts to providers. Backed by strong investors, the platform is positioned as one of the first in its industry to introduce consumer financing at scale.East Islip, NY March 27, 2025 --(PR.com)-- Oildash has announced the completion and upcoming launch of its Buy Now, Pay Later feature, scheduled for public release on April 4, 2025. This development positions Oildash among the first ...Full story available on Benzinga.com

Leading Doncaster HR Specialist Champions Women’s Wellbeing at Work
2025-03-27

Leading Doncaster HR Specialist Champions Women’s Wellbeing at Work

Leading HR and recruitment specialists, Gi Group, which has a branch on South Parade in Doncaster, recognises the importance of women’s wellbeing across its business, as it focuses on providing appropriate education, awareness, support and guidance for all.

Ubisoft spins out new unit for Assassin's Creed and other games, Tencent to take $1.25 billion stake
2025-03-27

Ubisoft spins out new unit for Assassin's Creed and other games, Tencent to take $1.25 billion stake

Ubisoft on Thursday announced it’s setting up a new subsidiary that will focus on its gaming brands Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six. Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.Ubisoft on Thursday announced that it’s creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit.The subsidiary will focus on Ubisoft’s best-known games brands, including Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six, according to the company.It will “focus on building game ecosystems designed to become truly evergreen and multi-platform,” Ubisoft said in a press release Thursday.“Backed by greater investment and boosted creative capacities, it will drive further increases in quality of narrative solo experiences, expand multiplayer offerings with increased frequency of content release, introduce free-to-play touchpoints, and integrate more social features,” the company added.The investment from Tencent values the new subsidiary at 4 billion euros, Ubisoft said, implying a 4x multiple based on its average sales from full-year 2023 to 2025.“It highlights the strong value of Ubisoft’s IPs, significantly reinforces its balance sheet, and enables the company to continue its efforts to become a more agile organization, unleash the full creative potential of its teams and better align its resources with the constantly evolving expectations of players,” Ubisoft said.The move follows months of speculation about Ubisoft’s future. In January, Ubisoft appointed advisors to review its strategic options, stoking rumors about a potential sale. Earlier this month, Bloomberg reported that the games publisher was looking to bring in external investment in a new entity including some of its core intellectual property.That followed reporting from Bloomberg last year that Tencent was discussing a possible take-private deal with Ubisoft’s founding Guillemot family.News of the transaction also arrives a week after Ubisoft released Assassin’s Creed Shadows, the latest title in its best-selling franchise. The game was met with generally positive reviews from critics, garnering an average score of 82 on review aggregation site Metacritic.

Ferrari says it will raise prices by 10% on some models to offset auto tariffs
2025-03-27

Ferrari says it will raise prices by 10% on some models to offset auto tariffs

Ferrari said Thursday it will raise prices on certain models after April 1 in response to new U.S. auto tariffs. The sports car maker’s more popular models, including the Purosangue SUV, the 12Cilindiri and the F80, will get price increases of up to 10%. Ferrari produces all of its cars at its Maranello factory. Last year, the company produced 13,752 cars. Ferrari said Thursday it will raise prices by 10% on certain models after April 1 in response to new U.S. auto tariffs, adding up to $50,000 to the price of a typical Ferrari.The Maranello, Italy-based sports car maker said prices will remain unchanged for all cars imported before April 2. After that, the “commercial terms” for three of its model families — the Ferrari 296, SF90 and Roma — will “remain unchanged,” the company said in a release. Yet its more popular models, including the Purosangue SUV, the 12Cilindiri and the F80, will get price increases of up to 10%. For the Purosangue, which starts at about $430,000, that price hike amounts to about $43,000. For the limited edition F80, which starts at over $3.5 million, the increase will add more than $350,000 to the price tag.President Donald Trump on Wednesday announced tariffs of 25% on all cars not made in the U.S. Ferrari produces all of its cars at its Maranello factory. Last year, Ferrari produced 13,752 cars. The company plans to launch its first all-electric Ferrari in October.It’s unclear what impact the tariffs will have on Ferrari sales, since there is already a waiting list of more than a year for most of its vehicles. And Ferrari buyers are generally wealthy enough to easily absorb the price hikes.Ferrari also said Thursday it “confirms its financial targets for 2025” but added that there is a “potential risk of 50 basis points on profitability percentage margins.”In an interview with CNBC this month, Ferrari CEO Benedetto Vigna said that even though Ferrari buyers are wealthy, the company has to be sensitive to passing on too much of the added cost of tariffs.“When we look at the client, we consider that these people to buy a Ferrari, they have to work,” he said. “We have to respect them. Because for us, the most important thing is the client. So we need to make sure that we treat them in the right way.”Shares of Ferrari were slightly higher Thursday morning, while shares of the U.S. “Big Three” automakers were largely lower. The Inside Wealth newsletter by Robert Frank is your weekly guide to high-net-worth investors and the industries that serve them. Subscribe here to get access today.

Tea Extract Market worth $4.36 billion by 2030- Exclusive Report by MarketsandMarketsTM
2025-03-27

Tea Extract Market worth $4.36 billion by 2030- Exclusive Report by MarketsandMarketsTM

DELRAY BEACH, Fla., March 27, 2025 /PRNewswire/ -- The tea extract market is estimated at USD 2.99 billion in 2025 and is projected to reach USD 4.36 billion by 2030, at a CAGR of 7.8% from 2025 to 2030, according to a report published by MarketsandMarketsTM. The key factors driving the...

Balancing Leadership: Inspiring Growth Without Pushing Too Hard
2025-03-27

Balancing Leadership: Inspiring Growth Without Pushing Too Hard

LEADING OFF: Effective leadership requires balancing motivation with support — challenging employees without overwhelming them.

2025-03-27

UCLOUDLINK GROUP INC. to Sponsor the LD Micro Invitational XV April 9-10, 2025

HONG KONG, March 27, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced its participation as a sponsor of the LD Micro Invitational XV taking place April 9-10, 2025, at the Westin Grand Central in New York City.

Brookdale Announces Election of Early Settlement of its Purchase Contracts
2025-03-27

Brookdale Announces Election of Early Settlement of its Purchase Contracts

NASHVILLE, Tenn., March 27, 2025 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE:BKD) ("Brookdale" or the "Company") today announced that it has elected to exercise its right to settle all of its prepaid stock purchase contracts, pursuant to the early settlement right in the purchase contract agreement. The purchase contracts are part of the 7.00% tangible equity units issued by Brookdale on November 21, 2022 ((CUSIP No. 112463 302, NYSE:BKDT). Each tangible equity unit is also comprised of a senior amortizing note due November 15, 2025. The last day of trading of the tangible equity units is March 28, 2025. On March 31, 2025, subject to satisfaction of the conditions set forth in the purchase contract agreement by each holder of the purchase contracts, the Company will issue 12.9341 shares of its common stock for each purchase contract, plus any cash ...Full story available on Benzinga.com

2025-03-27

XPO Announces $750 Million Share Repurchase Authorization

GREENWICH, Conn., March 27, 2025 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today announced that its Board of Directors has authorized the repurchase of up to $750 million of XPO’s common stock. The new repurchase plan replaces XPO’s previous share repurchase plan, authorized in February 2019, which had $503 million remaining as of March 26, 2025.

Infosys Powers LKQ Europe's HR Transformation with a Unified Digital Platform
2025-03-27

Infosys Powers LKQ Europe's HR Transformation with a Unified Digital Platform

Leveraging Infosys Cobalt, the digital platform will help streamline HR processes across LKQ Europe's 18 countries BENGALURU, India, March 27, 2025 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today...

Columbus increases funding by 50% for program bringing local shops downtown
2025-03-27

Columbus increases funding by 50% for program bringing local shops downtown

"(Ground Floor Growth) helps reduce the barriers that small businesses have to getting into great, brand new spaces."

2025-03-27

Nvidia Stock Drops. Why the Chip Maker Can’t Find Its Footing. - Barron's

Nvidia Stock Drops. Why the Chip Maker Can’t Find Its Footing. Barron'sExclusive: China's H3C warns of Nvidia AI chip shortage amid surging demand ReutersNvidia stock sinks 5% amid tech rout, report on China environmental guidelines Yahoo FinanceCramer tells Nvidia investors to prepare for 'turbulence' CNBCBeijing's Enforcement of Energy Rules Could Hit Nvidia's China Sales, Report Says Investopedia

2025-03-27

UCLOUDLINK GROUP INC. Files 2024 Annual Report on Form 20-F

HONG KONG, March 27, 2025 (GLOBE NEWSWIRE) -- UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) on March 27, 2025.

2025-03-27

iQIYI Files Its Annual Report on Form 20-F

BEIJING, March 27, 2025 (GLOBE NEWSWIRE) -- iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission on March 27, 2025, U.S. Eastern Time. The annual report can be accessed on the Company’s investor relations website at http://ir.iqiyi.com.

Plan revised for rebuilt Oscar's Frozen Custard, drive-thru coffee stand added
2025-03-27

Plan revised for rebuilt Oscar's Frozen Custard, drive-thru coffee stand added

The drive-thru coffee shop would be constructed near the Oscar's Frozen Custard restaurant that is being rebuilt in Brookfield after it was severely damaged by a fire in November 2024.

2025-03-27

Informationsdokument – BI Erhvervsejendomme A/S

Opdateret informationsdokument for BI Erhvervsejendomme A/S offentliggøres dags dato.

You can earn $150,000 a year and still be considered middle class in 23 U.S. states
2025-03-27

You can earn $150,000 a year and still be considered middle class in 23 U.S. states

In the 1990s, earning six figures was a clear marker of upper-class wealth. Today, it’s often just enough to be considered middle class.In fact, the upper bound of what qualifies as middle class now exceeds $100,000 in every U.S. state, according to a SmartAsset analysis of 2023 income data from the U.S. Census Bureau. The report uses Pew Research’s definition of middle class: households earning between two-thirds and double the median income in their state.That means even a $150,000 salary — once a clear marker of affluence — still lands within the middle-class range in nearly half the country.Higher costs are eating into bigger paychecksWages have risen in recent years, but much of that growth has been offset by higher costs for essentials like housing, food and transportation. Since early 2020, home prices have jumped 52%, food costs are up 30% and overall inflation has climbed 25%, according to consumer price index data.That helps explain why many six-figure earners say they feel stretched. Two-thirds of middle-class Americans said they were struggling in a 2024 survey from the National True Cost of Living Coalition, and most didn’t expect their situation to improve.To give a sense of how far $150,000 goes, here’s a look at the 23 states where that salary still falls within the middle-class range, listed in alphabetical order:Alaska Low end of middle class: $57,748 High end of middle class: $173,262 Median household income: $86,631Arizona Low end of middle class: $51,538 High end of middle class: $154,630 Median household income: $77,315California Low end of middle class: $63,674 High end of middle class: $191,042 Median household income: $95,521Colorado Low end of middle class: $61,934 High end of middle class: $185,822 Median household income: $92,911Connecticut Low end of middle class: $61,104 High end of middle class: $183,330 Median household income: $91,665Delaware Low end of middle class: $54,235 High end of middle class: $162,722 Median household income: $81,361Hawaii Low end of middle class: $63,542 High end of middle class: $190,644 Median household income: $95,322Illinois Low end of middle class: $53,532 High end of middle class: $160,612 Median household income: $80,306Maryland Low end of middle class: $65,779 High end of middle class: $197,356 Median household income: $98,678Massachusetts Low end of middle class: $66,565 High end of middle class: $199,716 Median household income: $99,858Minnesota Low end of middle class: $56,718 High end of middle class: $170,172 Median household income: $85,086Nevada Low end of middle class: $50,904 High end of middle class: $152,728 Median household income: $76,364New Hampshire Low end of middle class: $64,552 High end of middle class: $193,676 Median household income: $96,838New Jersey Low end of middle class: $66,514 High end of middle class: $199,562 Median household income: $99,781New York Low end of middle class: $54,725 High end of middle class: $164,190 Median household income: $82,095North Dakota Low end of middle class: $51,012 High end of middle class: $153,050 Median household income: $76,525Oregon Low end of middle class: $53,435 High end of middle class: $160,320 Median household income: $80,160Rhode Island Low end of middle class: $56,642 High end of middle class: $169,944 Median household income: $84,972Texas Low end of middle class: $50,515 High end of middle class: $151,560 Median household income: $75,780Utah Low end of middle class: $62,274 High end of middle class: $186,842 Median household income: $93,421Vermont Low end of middle class: $54,135 High end of middle class: $162,422 Median household income: $81,211Virginia Low end of middle class: $59,948 High end of middle class: $179,862 Median household income: $89,931Washington Low end of middle class: $63,064 High end of middle class: $189,210 Median household income: $94,605Want to earn some extra money on the side? Take CNBC’s new online course How to Start a Side Hustle to learn tips to get started and strategies for success from top side hustle experts. Sign up today and use coupon code EARLYBIRD for an introductory discount of 30% off $97 (+taxes and fees) through April 1, 2025.Plus, sign up for CNBC Make It’s newsletter to get tips and tricks for success at work, with money and in life.

2025-03-26

Carlyle Secured Lending, Inc. Announces Shareholder Approval of Merger with Carlyle Secured Lending III

NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. ("CGBD") (NASDAQ:CGBD) announced today that CGBD shareholders voted overwhelmingly in favor of the previously announced merger with Carlyle Secured Lending III ("CSL III") at the special meeting held on March 26, 2025.Shareholders voted in favor of the issuance of common stock in connection with the merger of CGBD and CSL III, with 96% of voting CGBD shareholders supporting the proposal. The transaction is expected to close on or about March 27, 2025, subject to satisfaction or waiver of customary closing conditions.Justin Plouffe, Chief Executive Officer of CGBD and CSL III, said, "We thank shareholders for their approval and strong support of the transaction. We have conviction in the strategic benefits and value of the merger for both sets of shareholders, and we expect the combined company to create long-term value through increased portfolio scale and efficiency."About Carlyle Secured Lending, Inc. Carlyle Secured Lending, Inc. is a publicly traded (NASDAQ:CGBD) business development company ("BDC") which began investing in 2013. The Company focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies primarily located in the United States. Carlyle Secured Lending is externally managed by Carlyle Global Credit Investment Management L.L.C., an SEC-registered investment adviser and wholly owned subsidiary of Carlyle. Further information is available at carlylesecuredlending.com.About Carlyle Secured Lending IIICSL III is an externally-managed, non-diversified closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. CSL III's investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through assembling a portfolio of secured debt investments with favorable risk-adjusted returns. CSL III's investment activities are managed by its investment adviser, CSL III Advisor, LLC, an affiliate of Carlyle.About Carlyle Carlyle (NASDAQ:CG) ...Full story available on Benzinga.com

Faruqi & Faruqi Reminds Neumora Therapeutics Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 7, 2025 - NMRA
2025-03-26

Faruqi & Faruqi Reminds Neumora Therapeutics Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 7, 2025 - NMRA

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Neumora To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $50,000 in Neumora pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Offering Documents") issued in connection with Neumora's September 2023 initial public offering (the "IPO") and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Neumora Therapeutics, Inc. ("Neumora" or the "Company") (NASDAQ:NMRA) and reminds investors of the April 7, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions ...Full story available on Benzinga.com

Petco Shares Soar Despite Worse-Than-Expected Q4 Results
2025-03-26

Petco Shares Soar Despite Worse-Than-Expected Q4 Results

Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) released its fourth-quarter results after Wednesday's closing bell. Here's a look at the details from the report. The Details: Petco Health and Wellness reported GAAP losses of five cents per share, which missed the analyst consensus estimate for losses of two cents. Quarterly revenue came in at $1.52 billion, missing the consensus estimate of ...Full story available on Benzinga.com

2025-03-26

Syntec Optics Anticipates Return to Double-Digit EBITDA in Q1 2025, Driven by New Management Team and Operational Efficiency

ROCHESTER, NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Syntec Optics, a leading provider of precision optics solutions for defense, communications, biomedical, and consumer end-markets, today announced preliminary expectations for its first quarter 2025 financial results, projecting a return to double-digit EBITDA. This positive outlook resulted from significant efforts by the new team focusing on operations efficiency and financial discipline. The company also continued to invest in new products for space optics, defense tech, biomedical optics, and consumer optics. The company anticipates robust performance in Q1 2025, reflecting the successful execution of its strategic initiatives and the increasing demand for advanced optical solutions. Significant top-line efforts include: Space Optics Expansion: Continued progress in adding a supply of critical optics for ground-based networks, building on the prior success of satellite optics and its further expansion into newer needs.Viper Defense Night Vision: Meeting resolution requirements with lighter night vision optics systems.Biomedical Optics: Meeting cutting-edge requirements for biomedical scanning and imaging.Commercial Defense Aiming Systems: Sustained investing in assets and creating operational efficiency for high-accuracy aiming systems."It all starts with a great team. We have been focusing a lot of our efforts to create a culture of trust and team-based problem solving that has opened up capacity and is starting to drive efficiency improvements," said Mike Ransford, new Site Leader of Syntec Optics and head of operations. "The anticipated return to double-digit EBITDA financial performance, coupled with our strong top-line growth prospects, reflects our team's hard work and dedication and the increasing value we deliver to our customers. We are confident in our ability to build on the significant opportunities ahead and drive sustained growth," said Matt Carey, head of business development and product delivery. "By the end of Q1, we are approaching Diamond Status for highest quality on our current night vision product lines. The new team, built to drive changes, achieved 500% reductions in quality returns this quarter. This remarkable improvement was accomplished by excellence in both, industrial engineering practices and management of our supply chain for very high precision products," added the Program Manager for Night Vision and retired Master Sergeant Salinas, a former member of Army Special Operations Command and two-time recipient ...Full story available on Benzinga.com

2025-03-26

Intellia Therapeutics, Inc. Shareholders are Reminded of the Lead Plaintiff Deadline – Contact Robbins LLP for Information on How to Lead the Class Action Against NTLA

SAN DIEGO, March 26, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Intellia Therapeutics, Inc. (NASDAQ:NTLA) securities between June 30, 2024 and January 28, 2025. Intellia describes itself as a leading clinical-stage gene editing company, focused on developing potentially curative therapeutics using CRISPR/Cas9-based technologies.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations that Intellia Therapeutics, Inc. (NTLA) Misled Investors Regarding the Viability of its Drug CandidateAccording to the complaint, during the class period, defendants provided investors with material information concerning Intellia's Phase 1/2 study evaluating NTLA-3001 for the treatment of alpha-1 antitrypsin deficiency (AATD)-associated lung disease. Defendants' statements included, among other things, confidence in the Company's timeline for the study, specifically ...Full story available on Benzinga.com

2025-03-26

ICON PLC Shareholders are Reminded of the Lead Plaintiff Deadline – Contact Robbins LLP for Information on How to Lead the Class Action Against ICLR

SAN DIEGO, March 26, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all purchasers of ICON PLC (NASDAQ:ICLR) ordinary shares between July 27, 2023 and October 23, 2024. ICON is a clinical research organization (CRO).For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations that ICON PLC (ICLR) Misled Investors Regarding DemandAccording to the complaint, during the class period, defendants failed to disclose that: (a) ICON was suffering from a material loss of business due to customer cost reduction measures and other widespread funding limitations impacting the Company's client base; (b) ICON's purported FSP and hybrid model offerings were insufficient to shield the Company from the adverse effects of a significant market downturn; (c) the RFPs ICON received from its biotechnology customers during the class period were used in ...Full story available on Benzinga.com

2025-03-26

Over 95 per cent of Proline players backed Gators’ NCAA win over Huskies

There will be a new NCAA men’s basketball champion in 2025. The top-seeded Florida Gators defeated No. 8 UConn 77-75 in a second-round contest Sunday. The Huskies were chasing a third consecutive NCAA title. But according to the Ontario Lottery and Gaming Corp., the upset was music to the ears of most Proline bettors. A [...]

2025-03-26

Cherokee Federal Grows Footprint in Military City, USA with New San Antonio Office

TULSA, Okla., March 26, 2025 (GLOBE NEWSWIRE) -- Cherokee Federal, the federal contracting division of Cherokee Nation Businesses, today announced the strategic expansion and relocation of its San Antonio, Texas operations to Oak Park, centrally located between Fort Sam Houston and Lackland Air Force Base. The newly designed workspace on the seventh floor of Oak Park (1020 NE Loop 410, Suite 700, San Antonio, TX 78209) reflects the collaborative and high-performance environment of Cherokee Federal's Tulsa headquarters. Designed to enhance teamwork and productivity, the office is strategically positioned to support the evolving needs of federal customers in the region. With more than 200 employees based in the Military City, USA area, the expansive space will support continued growth and enhance Cherokee Federal's Texas presence."This move marks a significant ...Full story available on Benzinga.com

Pittsburgh broker-dealer fined $1M by FINRA
2025-03-26

Pittsburgh broker-dealer fined $1M by FINRA

NewEdge Securities has agreed to pay a fine to resolve claims of municipal bond rule violations.

2025-03-26

Solésence Reports Record Fourth Quarter and Full-Year 2024 Financial Results

Fourth quarter revenue increased 58% to a record $12.6 millionFull Year 2024 revenue increased 40% to a record $52.3 millionROMEOVILLE, Ill., March 26, 2025 (GLOBE NEWSWIRE) -- Solésence, Inc. (OTCQB:NANX), a leader in scientifically-driven health care solutions across beauty and life science categories, today announced financial results for the fourth quarter and year ended December 31, 2024. Recent Highlights and AccomplishmentsCompany rebranded as Solésence, Inc., marking a new era of innovation, self-expression, and inclusivity in skin health. The move reflects the success of its consumer products strategy, fueled by its suite of transformative skin health technologies, including award-winning KleairTM.Solésence launched a new investor relations website designed to provide current and prospective investors with streamlined access to financial reports, historical disclosures, leadership profiles, and key company updates.Au Lait Face Milk SPF 50+ featuring Solésence KleairTM technology was named winner in the best prestige finished formula category at the 2025 Cosmetics & Toiletries (C&T) Allē Awards."We are very pleased to report record revenue for both the fourth quarter and full year 2024," said Jess Jankowski, President, Chief Executive Officer, and Chief Financial Officer of Solésence. "Our strong fourth-quarter results were driven by a shift in customer mix and the timing of key product launches, which, unlike previous years, occurred in the fourth quarter rather than the first. This performance highlights the strength of our customer partnerships and the increasing demand for our innovative skin health solutions."We are incredibly proud to report a 40% increase in annual revenue over the prior year. This achievement is a testament to the hard work and dedication of our employees, whose efforts enabled us to meet increased customer demand and contributed to our positive operating cash flow," said Kevin Cureton, Chief Operating Officer. "As we carry this momentum into 2025, we continue to make meaningful investments in operations, R&D, and our team, positioning us to scale for long-term growth.""Given the success of our commercial strategy and the related growth, the Company has decided to pursue an uplisting to the NASDAQ market in 2025, subject to eligibility. As part of this effort and additional related requirements we are anticipating, we also are beginning the search for a dedicated Chief Financial Officer," said Mr. Jankowski.Summary Fourth Quarter 2024 Financial ResultsFourth Quarter Financial HighlightsRevenue for the fourth quarter increased 57.5% to a record $12.6 million, compared to $8.0 million for the same period in 2024.Gross profit increased 460% in the fourth quarter to a record $2.8 million, compared to $0.5 million for the same period in 2023.Gross margin in the fourth quarter was 22%, compared to 6% for the same period in 2023. Net loss for the fourth quarter was $0.6 million, compared to a net loss of $2.1 million for the same period in 2023. Summary Full Year 2024 Financial ResultsRevenue for the twelve months ended December 31, 2024, was a record $52.3 million compared to $37.3 million, a 40% increase over the same period in 2023. Gross profit for the twelve months ended December 31, 2024, was $16.2 million, compared to $7.8 million, a 107% increase over the same period in 2023.Gross margin for the twelve months ended December 31, 2024, was 31%, compared to 21% for the same period in 2023. Net income for the twelve months ended December 31, 2024, was $4.2 million, compared to a net loss of $4.4 million in the same period in 2023. Operational HighlightsInitiated expanded batch-making capabilities at our Bolingbrook facility, adding infrastructure for six production suites and increasing capacity to support over $200 million in annual revenue from the consumer products line.Produced twice the unit volume in the fourth quarter of 2024 compared to the fourth quarter of 2023.Launched over two dozen new SKUs across prestige and mass beauty categories, including a new EU-focused brand.Conference CallSolésence will host its fourth quarter conference call on Thursday, March 27, 2025, at 7:00 a.m. CDT, 8:00 a.m. EDT, to discuss its financial results and provide a business and financial update. On the call will be Jess Jankowski, President, CEO, and CFO, and Kevin Cureton, Chief Operating Officer. Webcast Link: https://edge.media-server.com/mmc/p/5vfh7m2xDial-In Link: https://register-conf.media-server.com/register/BIcd1760ffa58444b1967f8887796d1b08To receive the dial-in number, as well as your personalized PIN, you must register at the above link. Once registered, you will also have the option to have the system dial-out to you once the conference call begins. If you forget your PIN prior to the conference call, you can simply re-register.The call may also be accessed through the company's investor relations website, at https://ir.solesence.com/. Please join the conference call at least five minutes before prior to the start time.FINANCIAL RESULTS AND NON-GAAP INFORMATIONUse of Non-GAAP Financial InformationSolésence believes that the presentation of results excluding certain items, such as non-cash equity compensation charges, provides meaningful supplemental information to both management and investors, facilitating the evaluation of performance across reporting periods. The Company uses these non-GAAP measures for internal planning and reporting purposes. These non-GAAP measures are not in accordance with, or an alternative for, Generally Accepted Accounting Principles ("GAAP") and may be different from non-GAAP measures used by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or net income per share prepared in accordance with GAAP.About Solésence, Inc.Solésence, Inc. (OTCQB:NANX), is a leader in scientifically-driven health care solutions across beauty and life science categories. With a mission to deliver joy through innovation, inclusivity and the science of beautiful skin, we have redefined mineral-based sun protection by maximizing transparency, effectiveness, aesthetics, and wearability — empowering individuals to embrace beauty on their own terms. Combining best-in-class skin health solutions with the celebration of self-care, we allow brands to deliver unique product claims and attributes by seamlessly integrating protection, prevention, and treatment technologies into daily use products. Learn more at solesence.com.Forward-Looking StatementsThis press release contains words such as "expects," "shall," "will," "believes," and similar expressions that are intended to identify forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such statements in this announcement are made based on the Company's current beliefs, known events and circumstances at the time of publication, and as such, are subject in the future to unforeseen risks and uncertainties that could cause the Company's results of operations, performance, and achievements to differ materially from current expectations expressed in, or implied by, these forward-looking statements. These risks and uncertainties include, without limitation, the following: a decision by a customer to cancel a purchase order or supply agreement in light of the Company's dependence on a limited number of key customers; uncertain demand for, and acceptance of, the Company's engineered materials, ingredients, and fully formulated products; the Company's manufacturing capacity and product mix flexibility in light of customer demand; the Company's limited marketing experience; changes in development and distribution relationships; the impact of competitive products and technologies; the Company's dependence on patents and protection of proprietary information; the resolution of litigation in which the Company may become involved; the impact of any potential new government regulations that could be difficult to respond to or too costly to comply with while remaining financially viable; the ability of the Company to maintain an appropriate electronic trading venue; and other factors described in the Company's Form 10-K filed March 28, 2024. In addition, the Company's forward-looking statements could be affected by general industry and market conditions and growth rates. Except as required by federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events, uncertainties, or other contingencies. Media Contact: [email protected] Relations Contact:[email protected] (630) 771-6736 NANOPHASE TECHNOLOGIES CORPORATION CONSOLIDATED BALANCE SHEETS(Unaudited Consolidated Condensed)(in thousands except share and per share data) As of December 31, December 31, 2024 2023 ASSETS Current assets: Cash$1,409 $1,722 Trade accounts receivable 5,655 3,692 Allowance for credit losses (786) (225) Trade accounts receivable, net 4,869 3,467 Inventories, net 20,267 10,031 Prepaid expenses and other current assets 2,803 1,082 Total current assets 29,348 16,302 Equipment and leasehold improvements, net 12,734 8,668 Operating leases, right of use 7,917 7,907 Other assets, net 3 4 Total assets$50,002 $32,881 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Line of credit, accounts receivable, related party$- $2,810 Current portion of line of credit, inventory, related party 4,000 5,000 Current portion of debt, related parties 1,000 3,000 Current portion of operating lease obligations 1,260 1,297 Accounts payable 9,093 6,260 Current portion of deferred revenue 5,571 2,353 Accrued expenses 4,849 869 Total current liabilities 25,773 21,589 Long-term portion of finance lease obligations - - Long-term portion of operating lease obligations 9,037 9,152 Long-term debt, related party - - Long-term portion of deferred revenue - - Asset retirement obligations 246 238 Total long-term liabilities 9,283 9,390 Contingent liabilities Stockholders' equity: Preferred stock, $.01 par value, 24,088 shares authorized and no shares issued and outstanding - - Common stock, $.01 par value, 95,000,000 and 60,000,000 shares authorized; 70,103,279 and 49,627,254 shares issued and outstanding on December 31, 2024 and December 31, 2023, respectively 700 Full story available on Benzinga.com

Lake George motel faces foreclosure
2025-03-26

Lake George motel faces foreclosure

The family who owns the motel on Lake George's Canada Street is facing at least two lawsuits.

Cryptocurrency Exchange WhiteBIT Launches in Australia
2025-03-26

Cryptocurrency Exchange WhiteBIT Launches in Australia

VILNIUS, Lithuania, March 26, 2025 /PRNewswire/ -- WhiteBIT, the largest European cryptocurrency exchange by traffic, is entering the Australian market, unlocking new opportunities for investment in digital assets. The platform's launch in Australia is a strategic move in the company's...

Faruqi & Faruqi Reminds Polestar Automotive Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 31, 2025 – PSNY
2025-03-26

Faruqi & Faruqi Reminds Polestar Automotive Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 31, 2025 – PSNY

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Polestar To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 in Polestar between November 14, 2022 and January 16, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Polestar Automotive Holding UK PLC ("Polestar" or the "Company") (NASDAQ:PSNY) and reminds investors of the March 31, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See Full story available on Benzinga.com