Patrick Byrne, founder of Balboa Capital, was awarded $79.5 million in a judgment against Ameris Bank for wrongful termination, whistleblower retaliation, and unpaid wages. The unanimous jury found Ameris liable for malice and oppression, awarding $16.6 million in compensatory damages and $62.9 million in punitive damages. The case highlights employee rights and corporate accountability, with Ameris planning to appeal but already accounting for the loss in its financials. Additional claims for other affected employees are being prepared by Byrne's legal team.
Raymond James upgraded Flex's price target from $150 to $170 following the company's strong fiscal Q1 2027 results, which included $7.93 billion in revenue and $1.00 adjusted earnings per share, beating estimates. Flex's Cloud and Power Infrastructur...
Following strong Q1 2026 earnings, Jefferies analyst Linda Tsai raised the price target for American Homes 4 Rent from around $35.70 to $43.00. This significant increase reflects improved confidence in the company's performance and outlook as a leadi...
LifeStance Health Group, a leading U.S. outpatient mental health provider, saw its stock drop 3.23% recently but still gained about 2% over the past month. The company offers therapy and psychiatry services both virtually and in person, serving a gro...
Pearson announced the winners of the 2026 Adobe Certified Professional World Championship, a global contest for students aged 13 to 22 who earned Adobe certifications in Photoshop, Illustrator, or InDesign. The event, held in Anaheim, CA, featured 56...
Morgan Fong, Chief Legal Officer at Maplebear, sold 18,390 shares of the company, generating $815,400 in proceeds. This insider sale could indicate personal financial planning or a shift in confidence, which investors often watch closely. The impact ...
