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latest news in companies

Fluence Energy Investors Offered Chance to Lead Class Action Lawsuit

N/A, Saturday, 29 March 2025.
Fluence Energy investors facing significant losses invited to lead class action lawsuit. Allegations include misleading financial statements and relationships, prompting a substantial stock price fall. Deadline for lead plaintiff is May 12, 2025.

AAR Corp. Sees 20% Sales Surge Despite Reporting Net Loss in Q3 2025

Wood Dale, Friday, 28 March 2025.
AAR Corp. witnessed a remarkable 20% year-over-year sales increase to $678 million in Q3 2025, but faced a GAAP net loss of $9 million, demonstrating significant operational efficiency improvements with adjusted EBITDA growth of 39%.

Seabridge Gold Reports 2024 Loss Amidst Strategic Investments

Toronto, Friday, 28 March 2025.
Seabridge Gold Inc. reported a net loss of CAD 31.2 million for 2024, contrasting some erroneous reports of profits. Strategic investments and equity financings were pivotal this fiscal year.

AAR Corp Reports Strong Q3 Sales Growth Amid Mixed Earnings

Wood Dale, Friday, 28 March 2025.
Despite a $678 million 20% sales increase, AAR Corp’s Q3 results showed a $9 million net loss due to a significant pre-tax charge. Adjusted EPS exceeded expectations at $0.99.

Bank of America to Close Inactive Accounts by 2025

Charlotte, Friday, 28 March 2025.
Bank of America warns it may close accounts inactive for three years, aligning with state laws on unclaimed assets. Customers urged to keep accounts active to avoid fund transfer to state custody.

Sandstorm Gold Ltd Announces First Dividend Payout for 2025

Vancouver, Friday, 28 March 2025.
Sandstorm Gold Ltd. has declared its inaugural quarterly cash dividend for 2025, set at CAD 0.02 per share, payable on April 25, 2025, signifying shareholder returns enhancement.

Con Edison Reaches $750,000 Settlement in Harassment Lawsuit

New York, Friday, 28 March 2025.
Con Edison will pay $750,000 and undertake anti-harassment reforms following a settlement over allegations of workplace discrimination and harassment of female field workers.

KinderCare Faces Investor Scrutiny Over Securities Concerns

New York, Friday, 28 March 2025.
KinderCare Learning Companies is under investigation by Kirby McInerney LLP for potential securities law violations, following a Q4 2024 operational loss of $89.3 million, impacting its share price.

OtterBox Lawsuit: Warranty Claims Under Fire

United States, Friday, 28 March 2025.
OtterBox is sued for allegedly failing to honor warranties on defective smartphone and tablet cases, raising concerns over consumer protection and company practices.

Volatus Aerospace Gains Approval for Nighttime Drone Missions Across Canada

Toronto, Thursday, 27 March 2025.
Volatus Aerospace can now conduct long-distance, nighttime drone operations in Canada, enhancing capabilities in border surveillance, search and rescue, and medical delivery. This marks a significant industry advancement.