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Hidden Inventory and Finance Risks Trigger Securities Fraud Suits Against CarMax and James Hardie

New York, Wednesday, 17 December 2025.
Hagens Berman has initiated class-action lawsuits against CarMax and James Hardie, alleging both firms concealed critical operational risks—specifically regarding auto finance instability and inventory loading—that precipitated stock crashes of up to 44%. Investors face imminent deadlines to petition as lead plaintiffs.

Wells Fargo Forecasts Costco Special Dividend for Early 2026

Issaquah, Wednesday, 17 December 2025.
Despite recent stock dips, Costco’s $15 billion cash reserves signal a potential payout. Wells Fargo anticipates a special dividend in early 2026, aligning with the retailer’s three-year historical cycle.

Hagens Berman Investigates Multiple Companies After Fraud Allegations Trigger Major Stock Crashes

New York, Wednesday, 17 December 2025.
Legal scrutiny intensifies as Rezolute shares plummet 90% and Stride faces “ghost student” fraud allegations, prompting urgent calls for investors to submit claims before January deadlines.

Kraft Heinz Appoints Steve Cahillane CEO to Steer Upcoming Corporate Split

Chicago, Tuesday, 16 December 2025.
Effective January 1, 2026, former Kellanova chief Steve Cahillane takes the helm at Kraft Heinz, leveraging his specific experience leading Kellogg’s breakup to guide the food giant’s own strategic separation.

Ellomay Capital to Sell Controlling Stake to Nofar Energy in $310 Million Deal

Tel Aviv, Tuesday, 16 December 2025.
Ellomay Capital executes a definitive agreement to sell its controlling stake to Nofar Energy at a $310.4 million valuation, triggering a 10% stock surge while ensuring leadership continuity.

Tesla Shares Rally Near Record Highs as Fully Driverless Robotaxi Testing Begins in Austin

Austin, Tuesday, 16 December 2025.
Shares rallied over 3 percent as Tesla confirmed a major milestone: Robotaxis are now navigating Austin traffic with zero occupants, signaling accelerated autonomous deployment.

Mick Foley Severs Ties With WWE Over Company's Relationship With President Trump

Stamford, Tuesday, 16 December 2025.
Citing President Trump’s comments on Rob Reiner as the final straw, Mick Foley refuses to represent WWE or renew his contract while the current administration remains in power.

Databricks Hits $134 Billion Valuation Driven by Surge in AI Revenue

San Francisco, Tuesday, 16 December 2025.
Securing over $4 billion in Series L funding today, Databricks reports a 55 percent revenue jump to $4.8 billion, with its AI products alone now generating over $1 billion annually.

Morgan Stanley Double Upgrade Sparks Rally in Roku Shares

New York, Tuesday, 16 December 2025.
Morgan Stanley shifted Roku to an Overweight rating with a $135 target, predicting 19% platform revenue growth in 2026—significantly outpacing previous consensus estimates.

Ford Replaces All-Electric F-150 Lightning With 700-Mile Extended Range Model

Dearborn, Tuesday, 16 December 2025.
Ford’s strategic shift replaces the all-electric Lightning with a generator-backed model, boasting a massive 700-mile range to eliminate towing anxiety while retaining electric performance.