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VSAT

Viasat (VSAT) has been selected by the European Space Agency to develop a sophisticated satellite communication and navigation system for upcoming lunar missions. This strategic contract positions Viasat at the forefront of space communication technology and potentially opens new revenue streams in the emerging lunar exploration market.

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March 26, 2025 | 5:00 pm

FMC

A class action lawsuit has been filed against FMC Corporation alleging securities fraud between November 2023 and February 2025. The lawsuit claims the company made false statements about channel management initiatives, pricing strategies, and inventory levels in multiple international markets. Shareholders who suffered losses are being invited to participate in potential recovery efforts.

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March 26, 2025 | 5:00 pm

GME

GameStop plans to close a significant number of stores in fiscal 2025 and invest company cash in bitcoin, indicating a major strategic transformation for the video game retailer. This move suggests the company is adapting to changing retail dynamics and exploring cryptocurrency as a potential financial strategy.

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March 26, 2025 | 5:00 pm

MSFT

Microsoft has pulled back from data center projects totaling 2 gigawatts of electricity capacity in the US and Europe over the last six months. This reduction is primarily due to an oversupply relative to current demand and a strategic decision not to support additional OpenAI training workloads. Competitors like Google and Meta are stepping in to fill the capacity gap.

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March 26, 2025 | 5:00 pm

FLNC

Levi & Korsinsky law firm has filed a class action securities lawsuit against Fluence Energy, Inc. (FLNC) alleging securities fraud between November 29, 2023 and February 10, 2025. The lawsuit claims the company made false statements about its relationships with Siemens AG and AES Corporation, and misrepresented its financial performance and business prospects.

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March 26, 2025 | 5:00 pm

PSX

Phillips 66 has nominated two new directors, A. Nigel Hearne and Howard I. Ungerleider, in response to an ongoing proxy fight with activist investor Elliott Investment Management. Elliott is seeking four board seats and has filed a lawsuit against the company, while Phillips 66 maintains that the proposed nominees do not offer additional value beyond the current board.

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March 26, 2025 | 5:00 pm

AWK

Pennsylvania American Water's President Justin Ladner addressed the American Society of Civil Engineers' 2025 Report Card, emphasizing the urgent need for significant water and wastewater infrastructure investments. The report reveals stagnant infrastructure conditions with grades of C- for water and D+ for wastewater. American Water plans to invest $40-$42 billion nationally over the next decade, with Pennsylvania American Water committing $525-$625 million annually in infrastructure improvements.

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March 26, 2025 | 5:00 pm

RKLB

A class action securities lawsuit has been filed against Rocket Lab USA, Inc. (RKLB) alleging securities fraud between November 2024 and February 2025. The complaint claims the company made false statements and concealed critical issues including delayed barge landing tests, potable water problems, potential launch delays for the Neutron rocket, and an unreliable contract with a discounted partner.

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March 26, 2025 | 5:00 pm

DLTR

Dollar Tree is selling its Family Dollar division to private equity firms for $1 billion, a significant markdown from its original $9 billion purchase. The sale comes after years of poor performance, including store management issues, cannibalized sales, and a $41.6 million product safety fine in 2024.

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March 26, 2025 | 5:00 pm

GME

MSTR

GameStop announced the addition of Bitcoin to its corporate investment policy, leading to a 14% stock price increase. The company reported declining revenue but improving profits through cost-cutting measures. Wedbush analysts remain cautious, raising their price target to $11.50 while maintaining an 'underperform' rating.

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March 26, 2025 | 5:00 pm