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latest news in companies

Saxena White Launches Legal Action Against Atkore for Securities Fraud

Chicago, Saturday, 22 February 2025.
A class action lawsuit accuses Atkore of price-fixing and misleading investors, causing a nearly 20% drop in stock price post-revelation of the alleged misconduct.

Rosen Law Firm Investigates UnitedHealth for Fiduciary Breaches

Minnesota, Saturday, 22 February 2025.
The Rosen Law Firm is urging UnitedHealth Group investors experiencing substantial losses to consider legal action due to potential fiduciary breaches by company leaders.

Sysco Recalls Products Amid Listeria Outbreak from Indiana Facility

Fort Wayne, Saturday, 22 February 2025.
Sysco stops procurement and recalls products from its Fort Wayne facility due to a listeria outbreak, emphasizing its ongoing commitment to food safety.

Block Shares Plummet 18% Amid Earnings and Revenue Miss

New York, Saturday, 22 February 2025.
Block Inc. faced a significant stock drop on February 21, 2025, as its Q4 earnings fell short, prompting a 18% decline. Increased competition and growth challenges add to investor concerns.

Nu Holdings' Customer Base Grows by 22% as Global Expansion Plans Unfold

São Paulo, Friday, 21 February 2025.
In 2024, Nu Holdings achieved a 22% customer growth, reaching 114.2 million customers. Their expansion targets high-income consumers globally, bolstering their fintech industry position.

GivBux Inc Eliminates $100,000 Debt to Boost Growth Potential

Newport Beach, Friday, 21 February 2025.
GivBux Inc successfully retires $100,000 in convertible debt, improving its financial health and paving the way for significant growth and investment opportunities in the fintech sector.

Block Inc's Share Value Declines Amid BNPL Slowdown Concerns

San Francisco, Friday, 21 February 2025.
Block Inc’s shares fell 8% amid worries over consumer spending slowdown affecting BNPL expansion, highlighting fintech challenges in uncertain economic times.

Trump Media Board Approves 2025 Expansion Amidst Strategic Acquisitions

Washington D.C., Friday, 21 February 2025.
The Trump Media board plans a significant expansion in 2025 aiming to strengthen its media influence through strategic mergers and partnerships, bolstered by a $250 million investment in Truth.Fi.

TransAlta Reports Significant Q4 Loss Amid Strong Renewable Growth

Ottawa, Friday, 21 February 2025.
TransAlta faced a net loss of CAD 65 million in Q4 2024 but reported robust revenue growth due to investments in renewable energy sectors, underscoring future potential.

Meta Increases Executive Bonuses to 200% Amid Workforce Reductions

Menlo Park, Friday, 21 February 2025.
Meta increases executive bonuses to 200% of base pay after laying off 5% of employees, aligning compensation with industry standards while excluding CEO Mark Zuckerberg from changes.