Sunshine Seeds/iStock via Getty Images A lawyer for Sibanye-Stillwater ( SBSW ) was shot and killed in downtown Johannesburg this week in what authorities said likely was a targeted attack, prompting fears from South Africa's business community. The 35-year-old litigation attorney was gunned down near a state office that mediates labor issues and was due to represent the company in a dispute with ...
Sunshine Seeds/iStock via Getty Images A lawyer for Sibanye-Stillwater ( SBSW ) was shot and killed in downtown Johannesburg this week in what authorities said likely was a targeted attack, prompting fears from South Africa's business community. The 35-year-old litigation attorney was gunned down near a state office that mediates labor issues and was due to represent the company in a dispute with some employees. Her death follows the September killing of a bankruptcy lawyer in the city, which was the latest in a string of murders of insolvency practitioners, tax consultants, and other professionals. The murder has intensified scrutiny around labor tensions in South Africa's mining sector, even as Sibanye-Stillwater ( SBSW ) recently secured a three-year wage agreement with major unions. "Legal professionals, investigators, prosecutors, and witnesses are increasingly exposed to intimidation and violence," a tactic used to "shield criminal networks from accountability," said Business Against Crime South Africa, a grouping that works with the South African government. More on Sibanye-Stillwater Sibanye Stillwater: I'm Not Willing To Bet On A Super-Cycle At This Stage Sibanye Stillwater: Lesser-Known PGM Play With A Turnaround Arc Sibanye Stillwater: Deep Value And A Major EPS Rebound Coming (Upgrade)
BofA Securities has upgraded Acadia Pharmaceuticals ( ACAD ) to buy from neutral following a recent 25% pullback in share price saying that the company's fundamentals are intact and the downturn was due to macro factors since the beginning of the year. The bank is maintaining its $29 price target (~38% upside based on March 24 close). BofA analysts say that steady Nuplazid (pimavanserin) sales can...
BofA Securities has upgraded Acadia Pharmaceuticals ( ACAD ) to buy from neutral following a recent 25% pullback in share price saying that the company's fundamentals are intact and the downturn was due to macro factors since the beginning of the year. The bank is maintaining its $29 price target (~38% upside based on March 24 close). BofA analysts say that steady Nuplazid (pimavanserin) sales can help protect against further downside, adding they are projecting $888M in peak sales in 2029. While the company estimates its pipeline could provide an $11B opportunity, the bank believes this figure is "currently discounted and could provide upside." The team noted remlifanserin, considered a next-generation version of Nuplazid, is due for a phase 2 data release between August and October. They give remlifanserin a 40% likelihood of success with $2.1B in nominal peak sales in 2038. BofA added that slowing Nuplazid growth, negative pipeline data, and continued stagnation in Daybue (trofinetide) growth are downside risks. More on Acadia Pharma Acadia Pharmaceuticals: Undervalued Despite Robust Revenues From Approved Drugs, With Pipeline Kicker ACADIA Pharmaceuticals Inc. (ACAD) Q4 2025 Earnings Call Transcript ACADIA Pharmaceuticals Inc. 2025 Q4 - Results - Earnings Call Presentation Acadia outlines 2026 revenue target up to $1.28B while advancing DAYBUE STIX and NUPLAZID growth Seeking Alpha’s Quant Rating on Acadia Pharma
Elon Musk ’s lawyers are urging the Delaware Chancery Court’ s chief judge to step aside from lawsuits involving him and his companies, alleging she has shown bias against the billionaire after ruling against him in high-profile cases. In a filing concerning Judge Kathaleen St. J. McCormick , Musk’s attorneys pointed to a LinkedIn screenshot that they said shows she “supports” a post on the networ...
Elon Musk ’s lawyers are urging the Delaware Chancery Court’ s chief judge to step aside from lawsuits involving him and his companies, alleging she has shown bias against the billionaire after ruling against him in high-profile cases. In a filing concerning Judge Kathaleen St. J. McCormick , Musk’s attorneys pointed to a LinkedIn screenshot that they said shows she “supports” a post on the network celebrating Musk’s defeat in a California civil fraud trial as “the little guy” prevailing over “the richest man in the world.” McCormick, in a letter to lawyers , wrote that she does not support the post and while she may have hit the “support” button accidentally, she doesn’t think she did. The judge said she reported “suspicious activity” to LinkedIn and was locked out of her account when she tried to log in and check the status of that report. She said she prepared the letter prior to receiving the request that she recuse, which she said she will review. Musk’s attorneys claimed in their filing that the activity on McCormick’s LinkedIn account shows her predisposition to rule against him in violation of Delaware’s Judicial Code of Conduct, which requires judges to refrain from showing bias or prejudice. McCormick should recuse herself from the handful of Musk-related cases she is overseeing, the lawyers at Quinn Emanuel Urquhart & Sullivan LLP said in the filing. A spokesman for the judge said she declined to comment beyond the letter. LinkedIn Post Musk’s lawyers said in the filing that the LinkedIn post that McCormick endorsed was written by a jury consultant who worked with lawyers for the Twitter investors who prevailed in some of their claims against Musk in a trial this month in California. “It was a pleasure working against you,” the consultant wrote in the post that was included in the filing. In the filing, Musk’s attorneys included a screenshot of the post saying that a heart hovering in an outstretched hand, referring to the support button, required “delibe...
Microsoft (NASDAQ: MSFT) looks caught between fear and opportunity following a sharp pullback. Investors are worried the company's AI spending could pressure profits, but if Azure, Copilot, and cloud growth keep delivering, this weakness may look like a major mispricing in hindsi
Microsoft (NASDAQ: MSFT) looks caught between fear and opportunity following a sharp pullback. Investors are worried the company's AI spending could pressure profits, but if Azure, Copilot, and cloud growth keep delivering, this weakness may look like a major mispricing in hindsi
Google is dramatically shortening its deadline readiness for the arrival of Q Day, the point at which existing quantum computers can break public-key cryptography algorithms that secure decades' worth of secrets belonging to militaries, banks, governments, and nearly every individual on earth. In a post published on Wednesday, Google said it is giving itself until 2029 to prepare for this event. T...
Google is dramatically shortening its deadline readiness for the arrival of Q Day, the point at which existing quantum computers can break public-key cryptography algorithms that secure decades' worth of secrets belonging to militaries, banks, governments, and nearly every individual on earth. In a post published on Wednesday, Google said it is giving itself until 2029 to prepare for this event. The post went on to warn that the rest of the world needs to follow suit by adopting PQC—short for post-quantum cryptography—algorithms to augment or replace elliptic curves and RSA, both of which will be broken. The end is nigh “As a pioneer in both quantum and PQC, it’s our responsibility to lead by example and share an ambitious timeline,” wrote Heather Adkins, Google’s VP of security engineering, and Sophie Schmieg, a senior cryptography engineer. “By doing this, we hope to provide the clarity and urgency needed to accelerate digital transitions not only for Google, but also across the industry.” Read full article Comments
Tony Anderson/DigitalVision via Getty Images The last several months have been absolutely brutal for shareholders of Interparfums ( IPAR ). Back in June of last year, I decided to downgrade the stock from a "Buy" to a "Hold." This decision was the result of the share price of the company continuing to underperform the market. Sadly, because of fundamental performance, the stock price was no longer...
Tony Anderson/DigitalVision via Getty Images The last several months have been absolutely brutal for shareholders of Interparfums ( IPAR ). Back in June of last year, I decided to downgrade the stock from a "Buy" to a "Hold." This decision was the result of the share price of the company continuing to underperform the market. Sadly, because of fundamental performance, the stock price was no longer as attractive as it was previously. If I could go back in time, I would have downgraded it further to a "Hold" because, since the time that article was published, shares have plummeted 28.3%. Over that same window of time, the S&P 500 is up 10.5%. The good news is that certain fundamental metrics are getting better. Revenue and net profits have been rising recently. But cash flows have been largely negative. From a valuation standpoint, the stock is starting to look a bit more attractive, especially because of the decline in share price. But even with this factored in, shares are not yet cheap enough to justify an upgrade. This means that maintaining it as a "Hold" candidate is the most logical approach. Taking a fresh whiff of Interparfums If you're new to Interparfums, then it's worth noting that the company operates in the fragrance business. Specifically, it produces and sells prestige fragrances and fragrance-related products. These operations are spread throughout the U nited States and Europe, with Europe accounting for the largest portion of the company's revenue. In fact, last year , about 68% of its sales came from Europe, with the company benefiting from certain prestige brands that it controls, such as Kate Spade, Karl Lagerfeld, Coach, Jimmy Choo, and others. Although the European operations of the business might sound like they cater only to Europe, the company actually distributes its products to more than 120 nations worldwide from this segment. The rest of sales, meanwhile, come from the U nited States , where the company sells its goods under trademarks o...
Getty Images Based in the US, Magnite ( MGNI ) is one of the largest advertising companies providing a sell-side or supply side ( SSP ) platform to enable publishers monetize their advertising space across channels, such as connected TV (CTV), desktop, or mobile. MGNI was initially founded as Rubicon Project back in 2007, but it went through a series of venture capital funding and corporate action...
Getty Images Based in the US, Magnite ( MGNI ) is one of the largest advertising companies providing a sell-side or supply side ( SSP ) platform to enable publishers monetize their advertising space across channels, such as connected TV (CTV), desktop, or mobile. MGNI was initially founded as Rubicon Project back in 2007, but it went through a series of venture capital funding and corporate actions over the years, and following a merger with another company Telaria, it changed its name into Magnite. Today, MGNI has two main revenue streams, the CTV, its primary growth engine that includes products such as ClearLine and LiveScheduler, and DV+, its legacy business that includes its mobile and desktop ads platform. As of Q4 2025, CTV business has made up almost half of the total business and been the fastest-growing segment for MGNI. Since going public, MGNI has seen significant volatility, peaking at around $61 per share during the 2021 ad-tech surge, but then facing a sharp decline over the next year and traded as low as $7 per share in late 2022. Though the stock has been on track for a recovery, with some momentum towards Q4 last year as the stock reached a 1-year high of $26 per share around August, share performance has been weak YTD, with the stock most recently trading around $12 per share, down -25% within the same period. I initiate my coverage with a buy rating. My 1-year price target of $13.7 suggests that MGNI appears undervalued. Financial Reviews Based on the latest Q4 2025 results, I found MGNI’s fundamentals improving. The underlying top-line growth, for instance, has been healthy for the most part. In Q4, MGNI saw a revenue of $205.4 million, a 6% YoY growth, which while seems minimal, does not tell the whole story just yet. Q4 earnings call However, if we zoom in to the metric that measures the net revenue for an SSP like MGNI, the contribution ex-TAC, it appears that MGNI delivered a double-digit 16% YoY growth when the impact from cyclical politica...
Georgia wants to lower income taxes. Some of the world’s biggest companies are standing in the way. A state Senate bill that would all but exempt many lower- and middle-income earners from state income tax is stalling in the Georgia House, stymied by opposition from corporations that stand to lose billions in tax breaks. Both chambers of Georgia’s legislature are controlled by Republicans. The leg...
Georgia wants to lower income taxes. Some of the world’s biggest companies are standing in the way. A state Senate bill that would all but exempt many lower- and middle-income earners from state income tax is stalling in the Georgia House, stymied by opposition from corporations that stand to lose billions in tax breaks. Both chambers of Georgia’s legislature are controlled by Republicans. The legislation, which passed Georgia’s upper chamber 32-18 last month, would cut the state’s flat income-tax rate for individuals and corporations from 5.19% to 4.99% starting this year. It would also exempt the first $50,000 of earnings for individual filers and the first $100,000 for married couples from income tax beginning in 2027. If the measure were to become law, Georgia could see a $5.1 billion decline in revenue in fiscal 2028, equivalent to about 13% of its budget, according to the Georgia Budget & Policy Institute . That would be an even bigger hit than a nearly 10% drop in revenue in 2009, during the Great Recession. To help pay for the tax reductions, the bill proposes ending dozens of incentives and exemptions for businesses including data centers, cigarette exporters, medical-equipment manufacturers and banks. Manufacturing giants including Hyundai Motor Group , Rivian Automotive Inc. and Kia Corp. have accepted incentive packages with property-tax breaks, sales-tax exemptions and job tax credits to open large warehouses and plants in Georgia. A Rivian spokesperson said the EV maker will “continue to work closely with state and local partners in Georgia” and remains “committed to building a state-of-the-art manufacturing facility in Stanton Springs.” Kia declined to comment and Hyundai didn’t respond to requests for comment. Amazon.com Inc. , Meta Platforms Inc. and Microsoft Corp. operate data centers in Georgia, taking advantage of sales and use tax exemptions on some high-tech equipment. The exemptions would be phased out under the Senate bill. Microsoft decline...
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does ServisFirst (SFBS) have what it takes? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does ServisFirst (SFBS) have what it takes? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does East West Bancorp (EWBC) have what it takes? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does East West Bancorp (EWBC) have what it takes? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Financial Corp. (THFF) have what it takes? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Financial Corp. (THFF) have what it takes? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Regions Financial (RF) have what it takes? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Regions Financial (RF) have what it takes? Let's find out.
GameStop celebrates its first birthday as a company that can hold bitcoin as a treasury asset, by saying it booked a more than $130 million loss on its digital assets last year.
GameStop celebrates its first birthday as a company that can hold bitcoin as a treasury asset, by saying it booked a more than $130 million loss on its digital assets last year.