Calix, Inc. is facing a securities class action lawsuit alleging it failed to adequately disclose that its record gross margins were temporarily supported by a limited pre-purchased memory supply running out. The company’s generic risk warnings in its 10-K filing were challenged as misleading because they did not specify that the supply was depleting and that margin contraction was foreseeable. When Calix admitted on April 21, 2026, that the advanced supply had run out, shares dropped about 14%. The lawsuit claims investors were misled by vague risk language and deserve specific disclosure of known issues affecting margins.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Hi-View Resources Inc. has started its 2026 exploration program in the Toodoggone Mining District, British Columbia, focusing on porphyry targets at key sites like Lawyer’s East, Borealis, and Golden Stranger. The program includes 50 line kilometres ...
The U.S. Patent and Trademark Office (USPTO) has introduced an AI-assisted image search feature in its public trademark search system, TM Search, using technology from Clarivate Plc. This new tool allows users to upload images and compare them agains...
Experian PLC started its 2027 financial year with a 10% revenue increase in the first quarter, driven by strong demand in North America and Latin America. Organic growth was 7%, with North America growing 7% despite a 2% drop in consumer services due...
Gooch & Housego, a UK-listed photonics company specializing in precision optics for aerospace and defence, has agreed to a £345.6 million takeover by US private equity firm Arlington Capital Partners. The offer values the company at a 41.3% premium t...
