Pomerantz LLP is investigating Franklin Covey and some of its executives for potential securities fraud following the company's Q3 2026 financial report. Franklin Covey reported revenue of $67.81 million, below the expected $68.33 million, and reduced its full-year revenue forecast to $260-$267 million from $265-$275 million. The company cited geopolitical tensions and risks in service delivery timing as challenges. After the announcement, Franklin Covey's stock dropped nearly 13%. The investigation could lead to a class action lawsuit if wrongdoing is found.
Oppenheimer has maintained its Outperform rating on Enphase Energy but lowered the price target from $56 to $55. Enphase Energy, a company specializing in solar microinverters, home batteries, and energy management products, has seen its shares drop ...
UBS increased its price target for Ball Corp. from $65 to $66, citing steady demand for packaging products and growth in South America. The stock currently trades at $56.37, implying a potential 17.1% upside. Key factors supporting investor interest ...
Meta is investing over $130 billion in AI infrastructure but faces multiple lawsuits that could severely impact its finances and ability to fund AI projects. Notably, a $40 billion lawsuit from New Mexico and 29 states' suits over exploiting children...
The US service sector growth slowed more than expected in September, with the ISM Services Purchasing Managers Index falling to 54.9 from 55.4 in August, slightly below economists' forecast of 55. Despite this, the index remains above 50, indicating ...
Atlanta Braves Holdings remains a Buy due to strong real estate assets offsetting losses in baseball operations. However, rising interest rates, economic slowdown, and potential MLB labor strikes or lockouts create uncertainty and could temporarily l...
