Latest news with #stockholders
CNA
an hour ago
- Business
- CNA
Coinbase reports rise on quarterly profit subscription strength
Coinbase Global reported a jump in second quarter profit on Thursday, as the cryptocurrency exchange earned more from its subscription and services model. Net profit attributable to common stockholders rose to $1.43 billion, or $5.14 per share, in the three months ended June 30, compared with $36.13 million, or 14 cents apiece, a year earlier.
Yahoo
2 hours ago
- Business
- Yahoo
Coinbase reports rise on quarterly profit subscription strength
(Reuters) -Coinbase Global reported a jump in second quarter profit on Thursday, as the cryptocurrency exchange earned more from its subscription and services model. Net profit attributable to common stockholders rose to $1.43 billion, or $5.14 per share, in the three months ended June 30, compared with $36.13 million, or 14 cents apiece, a year earlier.
Reuters
2 hours ago
- Business
- Reuters
Coinbase reports rise on quarterly profit subscription strength
July 31 (Reuters) - Coinbase Global (COIN.O), opens new tab reported a jump in second quarter profit on Thursday, as the cryptocurrency exchange earned more from its subscription and services model. Net profit attributable to common stockholders rose to $1.43 billion, or $5.14 per share, in the three months ended June 30, compared with $36.13 million, or 14 cents apiece, a year earlier.
Associated Press
a day ago
- Business
- Associated Press
SERITAGE ALERT: Bragar Eagel & Squire, P.C. is Investigating Seritage Growth Properties on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Seritage (SRG) To Contact Him Directly To Discuss Their Options If you are a long-term stockholder in Seritage between July 7, 2022 and May 10, 2024 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Seritage Growth Properties (NYSE: SRG) on behalf of long-term stockholders following a class action complaint that was filed against Seritage on July 1, 2024 with a Class Period from July 7, 2022 and May 10, 2024. Our investigation concerns whether the board of directors of Seritage have breached their fiduciary duties to the company. On August 14, 2023, after the market closed, Seritage revealed that there was a 'material weakness' in the Company's internal control over financial reporting 'due to a deficiency in the design of our control over the identification of impairment indicators for investments in real estate and documentation of evidence of review.' Moreover, the deficiency related 'to the failure to identify potential indicators of impairment related to development projects in a timely manner.' On this news, Seritage's stock price fell $0.86, or 9.67%, to close at $8.03 per share on August 15, 2023, on unusually heavy trading volume. Then, on May 10, 2024, after the market closed, Seritage released its first quarter 2024 financial results, revealing it was 'adjusting [its] pricing projections for some of [its] assets.' As a result, the gross value of the Company's portfolio of assets was reduced by at least $325 million. On this news, Seritage's stock price fell $2.54, or 27.3%, to close at $6.78 per share on May 13, 2024, on unusually heavy trading volume. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company lacked effective internal controls regarding the identification and review of impairment indicators for investments in real estate; (2) that, as a result, the Company had overstated the value and projected gross proceeds of certain real estate assets; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. If you are a long-term stockholder of Seritage, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Marion Passmore, Esq. (212) 355-4648 [email protected]
Globe and Mail
a day ago
- Business
- Globe and Mail
Atkore Inc. Declares Quarterly Dividend
The Board of Directors of Atkore Inc. (the 'Company') (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today declared a quarterly cash dividend of $0.33 per share of common stock payable on August 29, 2025, to stockholders of record on August 19, 2025. About Atkore Inc. Atkore is a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications. With 5,600 employees and $3.2B in sales in fiscal year 2024, we deliver sustainable solutions to meet the growing demands of electrification and digital transformation. To learn more, please visit Dissemination of Company Information Atkore intends to make future announcements regarding company developments and financial performance through its website, as well as through press releases, filings with the Securities and Exchange Commission, conference calls, media broadcasts, and webcasts.
