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latest news in companies

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.