Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Edwards Lifesciences Corporation ("Edwards Lifesciences " or the "Company") EW investors of a class action representing investors that bought securities between February 6, 2024 and July 24, 2024 , inclusive (the "Class Period"). Edwards Lifesciences investors have until December 13, 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy , by phone 310-692-8883 or email : lesley@portnoylaw.com , to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses. Edwards Lifesciences develops products and technologies for structural heart disease and critical care monitoring. One of its key offerings is Transcatheter Aortic Valve Replacement (TAVR). The class action lawsuit against Edwards Lifesciences claims that the defendants, during the Class Period, made false or misleading statements and/or failed to disclose that: (i) they created a misleading impression that they had reliable information regarding the company's projected revenue outlook and expected growth, while downplaying risks from seasonality and macroeconomic factors; (ii) TAVR's growth was at risk of slowing; (iii) Edwards Lifesciences' optimistic projections for TAVR's growth in the second quarter of 2024 and throughout the fiscal year fell short of expectations, as the company's "patient activation activities" did not reach the anticipated low-treatment-rate population essential for TAVR's growth; and (iv) the company overestimated hospital interest in continuing to use Edwards Lifesciences' TAVR procedures over newer, innovative heart therapies. The lawsuit further alleges that on July 24, 2024, Edwards Lifesciences revealed second-quarter 2024 TAVR results below expectations and lowered its fiscal year 2024 projections for TAVR. Following this announcement, the company's stock price reportedly dropped by more than 31%, according to the complaint. Please visit our website to review more information and submit your transaction information. The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. Lesley F. Portnoy, Esq. Admitted CA and NY Bar lesley@portnoylaw.com 310-692-8883 www.portnoylaw.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.LAFAYETTE, CO / ACCESSWIRE / November 26, 2024 / urban-gro, Inc. (Nasdaq:UGRO) ("urban-gro" or the "Company"), an integrated professional services and Design-Build firm offering solutions to the Controlled Environment Agriculture ("CEA") and commercial sectors, today announced the launch of its new Processing and Extraction Division. Further expanding urban-gro's sector offering, this strategic expansion driven by client demand, delivers cutting-edge solutions designed to optimize cannabis facilities for post-harvest operations. The Processing and Extraction Division addresses the growing need for advanced post-harvest services and access to high-quality processing equipment. By seamlessly integrating design, engineering, and construction services with equipment provisioning, this division will ensure that facilities meet the highest industry standards and regulatory requirements. Through urban-gro's engineering and architectural services, it designs and builds rated extraction spaces, C1D1/C1D2 hazardous environments, dry rooms, and post-processing areas, with an emphasis on the mechanical and HVAC systems that are critical for facility safety and compliance. urban-gro's construction services ensure that all lab build-outs comply with fire codes and other cannabis-specific regulations, providing both safety and regulatory adherence for high-stakes extraction and post-processing operations. To spearhead the new division, urban-gro has hired a Business Development Director with over eight years of experience in construction and post-processing, specializing in C1D1/C1D2 and solventless extraction facilities. This strategic addition underscores urban-gro's commitment to serving as a comprehensive partner and delivering exceptional value to clients within the cannabis sector. urban-gro will be showcasing its enhanced service portfolio at MJBizCon 2024 in Las Vegas from December 4-6. Attendees are invited to visit Booth 38014 to learn more about how urban-gro's integrated approach can design, build, and optimize state-of-the-art cannabis facilities. To schedule a meeting with one of urban-gro's business development executives or sales engineers, please reach out to urban-gro at marketing@urban-gro.com . About urban-gro, Inc. urban-gro, Inc.® (Nasdaq:UGRO) is an integrated professional services and Design-Build firm. We offer value-added architectural, engineering, and construction management solutions to the Controlled Environment Agriculture ("CEA"), industrial, healthcare, and other commercial sectors. Innovation, collaboration, and creativity drive our team to provide exceptional customer experiences. With offices across North America and in Europe, we deliver Your Vision - Built. Learn more by visiting www.urban-gro.com . Safe Harbor Statement This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this release, terms such as "believes," "will," "expects," "anticipates," "may," "projects" and similar expressions and variations as they relate to the Company or its management are intended to identify forward-looking statements. The forward-looking statements in this press release include, without limitation, the Company's ability to integrate its existing business with its new processing and extraction division, the ability of the Company's solutions to ensure safety and regulatory compliance, and the value realized by the Company's clients as a result of its products and services. These and other forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including, among others, the Company's ability to successfully manage and integrate acquisitions, its ability to accurately forecast revenues and costs, competition for projects in the Company's markets, the Company's ability to predict and respond to new laws and governmental regulatory actions, including delays granting licenses to clients or potential clients and delays in passage of legislation expected to benefit the Company's clients or potential clients, our ability to successfully develop new and/or enhancements to the Company's product offerings and develop a product mix to meet demand, risks related to adverse weather conditions, supply chain issues, rising interest rates, economic downturn or other factors that could cause delays or the cancellation of projects in the Company's backlog or our ability to secure future projects, the Company's ability to maintain favorable relationships with suppliers, risks associated with reliance on key customers and suppliers, the Company's ability to attract and retain key personnel, results of litigation and other claims and insurance coverage issues, risks related to the Company's information technology systems and infrastructure, risks associated with climate change and ESG matters, the Company's ability to maintain effective internal controls, the Company's ability to execute on our strategic plans, the Company's ability to achieve and maintain cost savings, the sufficiency of the Company's liquidity and capital resources, and the Company's ability to achieve our key initiatives for 2024, particularly the Company's growth initiatives. A more detailed description of these and certain other factors that could affect actual results is included in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date hereof, except as may be required by law. Investor Contact: Jeff Sonnek - ICR, Inc. (720) 730-8160 investors@urban-gro.com Media Contact: Barbara Graham - urban-gro, Inc. (720) 903-1139 media@urban-gro.com SOURCE: urban-gro, Inc. View the original on accesswire.comUnited Rentals, Inc. (NYSE:URI) Stock Holdings Lifted by JPMorgan Chase & Co.
Dover Corp. stock rises Tuesday, still underperforms marketJPMorgan Chase & Co. trimmed its holdings in iShares MSCI Canada ETF ( NYSEARCA:EWC – Free Report ) by 0.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,017,997 shares of the exchange traded fund’s stock after selling 38,202 shares during the period. JPMorgan Chase & Co. owned 0.21% of iShares MSCI Canada ETF worth $623,547,000 as of its most recent SEC filing. Several other hedge funds also recently modified their holdings of the business. International Assets Investment Management LLC acquired a new position in iShares MSCI Canada ETF during the second quarter worth $69,000. Rothschild Investment LLC acquired a new position in shares of iShares MSCI Canada ETF during the 2nd quarter valued at about $135,000. Private Ocean LLC increased its holdings in shares of iShares MSCI Canada ETF by 109.7% during the 2nd quarter. Private Ocean LLC now owns 2,715 shares of the exchange traded fund’s stock valued at $101,000 after acquiring an additional 1,420 shares during the last quarter. Wakefield Asset Management LLLP raised its stake in shares of iShares MSCI Canada ETF by 2.8% in the 2nd quarter. Wakefield Asset Management LLLP now owns 86,056 shares of the exchange traded fund’s stock valued at $3,192,000 after acquiring an additional 2,335 shares in the last quarter. Finally, Caprock Group LLC lifted its holdings in iShares MSCI Canada ETF by 2.8% in the 2nd quarter. Caprock Group LLC now owns 10,774 shares of the exchange traded fund’s stock worth $400,000 after purchasing an additional 290 shares during the last quarter. iShares MSCI Canada ETF Stock Down 0.5 % Shares of iShares MSCI Canada ETF stock opened at $40.22 on Friday. iShares MSCI Canada ETF has a 12-month low of $35.05 and a 12-month high of $43.33. The stock has a 50 day moving average price of $41.81 and a two-hundred day moving average price of $40.06. The stock has a market capitalization of $2.88 billion, a P/E ratio of 14.59 and a beta of 0.90. iShares MSCI Canada ETF Company Profile iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Canadian market, as measured by the MSCI Canada Index (the Index). Featured Stories Want to see what other hedge funds are holding EWC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Canada ETF ( NYSEARCA:EWC – Free Report ). Receive News & Ratings for iShares MSCI Canada ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Canada ETF and related companies with MarketBeat.com's FREE daily email newsletter .
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Share Tweet Share Share Email The banking industry is undergoing a profound transformation, largely driven by technological advancements. At the heart of this evolution lies core banking software, which serves as the backbone of traditional banking systems. As digitalization reshapes industries across the globe, core banking systems are evolving to meet the demands of modern consumers and businesses . What is Core Banking Software? Core banking software is a comprehensive suite of applications that enables financial institutions to manage their core banking activities. These include handling customer accounts, deposits, withdrawals, loans, and credit facilities. Traditionally, core banking systems were designed to streamline back-office operations, but modern versions are more sophisticated, providing real-time processing, enhanced security, and seamless integrations with third-party services. The Shift from Legacy to Modern Core Banking Systems Traditionally, core banking software was often based on legacy systems that were rigid, slow, and difficult to scale. These systems, while functional in their time, were increasingly inadequate in meeting the growing demands for faster, more personalized services. Banks that were still relying on these outdated systems found themselves struggling to stay competitive. With the rise of digital banking and the increasing importance of customer experience, financial institutions began to explore more agile and modern core banking solutions. The shift to cloud-based systems, microservices architecture, and API-driven ecosystems has allowed banks to implement more flexible, scalable, and secure solutions. Cloud-based core banking solutions have been one of the most significant innovations. These solutions allow banks to host their systems on remote servers, reducing the need for on-site infrastructure. As a result, banks benefit from reduced operational costs, easier maintenance, and enhanced scalability . Key Innovations in Core Banking Software The modernization of core banking systems has introduced several innovations that are helping banks enhance their operations. These innovations are transforming the way banks interact with customers, manage transactions, and ensure security. Cloud Technology Cloud computing has been a game-changer in core banking software. By shifting to the cloud, banks can scale their services quickly without the need for significant capital investments in hardware. Cloud-based systems also offer improved reliability, as they reduce the risk of system failures caused by on-premises infrastructure issues. Moreover, the cloud allows banks to implement hybrid and multi-cloud strategies, providing the flexibility to use a mix of public and private cloud services to meet specific needs. This shift enables banks to deliver a range of digital services that are faster, more secure, and more cost-effective than ever before. API Integration Application Programming Interfaces (APIs) are central to the future of core banking systems. APIs allow core banking software to integrate seamlessly with third-party services, providing banks with the ability to offer more diverse products and services. By leveraging APIs, banks can partner with fintech companies, integrate with payment gateways, and offer services like mobile payments and peer-to-peer transfers. This innovation is crucial in fostering a more open banking ecosystem, where consumers have greater control over their financial data and can access a wider range of financial services. Artificial Intelligence and Machine Learning Artificial Intelligence (AI) and Machine Learning (ML) have made significant inroads into core banking software. These technologies help banks automate processes, improve fraud detection, and offer personalized banking experiences. AI-powered chatbots, for example, can assist customers with common queries, providing immediate responses and reducing the need for human intervention. Machine learning models can analyze transaction data to detect suspicious activity, offering banks a proactive approach to fraud prevention. Additionally, AI-driven analytics can provide deeper insights into customer behavior, enabling banks to tailor their offerings to individual needs. Blockchain Technology Blockchain technology is increasingly being explored by banks as a means of enhancing security, transparency, and efficiency. By leveraging blockchain, banks can create secure, immutable records of transactions, reducing the risk of fraud and errors. Blockchain’s decentralized nature also enables faster cross-border payments, as it eliminates the need for intermediaries. Furthermore, blockchain can streamline processes like KYC (Know Your Customer) and AML (Anti-Money Laundering), making regulatory compliance more efficient. Real-Time Processing One of the most notable innovations in core banking software is the ability to handle real-time transactions. With the rise of digital payments, customers expect instant access to their funds and seamless transaction experiences. Modern core banking systems allow banks to process transactions in real-time, enabling them to offer services like instant money transfers, mobile banking, and real-time updates on account balances. This innovation is especially important in the context of digital wallets and mobile banking apps, where customers expect to see immediate changes to their account information after completing a transaction. Benefits of Modern Core Banking Software The shift to modern core banking systems brings numerous benefits to financial institutions, customers, and the broader financial ecosystem. Some of the key advantages include: Enhanced Customer Experience Modern core banking software enables banks to deliver more personalized, efficient, and user-friendly services. By integrating data from various channels and touchpoints, banks can offer tailored financial products, proactive customer support, and seamless digital experiences. Whether through mobile apps, online banking, or automated chatbots, customers benefit from a more streamlined and responsive banking experience. Cost Reduction and Operational Efficiency By adopting cloud-based and API-driven systems, banks can reduce the operational costs associated with maintaining legacy infrastructure. Cloud technology also allows for faster updates and more efficient deployment of new features, reducing the time and resources required to maintain systems. Furthermore, automation through AI and machine learning can streamline repetitive tasks, reducing the need for manual intervention and improving overall operational efficiency. Scalability and Flexibility Modern core banking software provides banks with the flexibility to scale their operations rapidly in response to changing market conditions. Cloud-based systems, in particular, enable banks to add new features and services without significant infrastructure upgrades, allowing them to stay competitive in a fast-changing digital landscape. Improved Security Cybersecurity is a major concern in the banking industry, and modern core banking software incorporates advanced security features to protect sensitive customer data. From encryption and multi-factor authentication to AI-powered fraud detection systems, banks can ensure that their systems are secure and compliant with regulatory requirements. Challenges and Considerations Despite the numerous benefits, the transition to modern core banking software is not without its challenges. For banks still relying on legacy systems, the migration to new platforms can be complex and resource-intensive. Ensuring that the new system integrates seamlessly with existing processes and infrastructure is critical for minimizing disruption. Additionally, regulatory compliance remains a key consideration. As core banking software evolves, banks must ensure that their systems meet the required legal and regulatory standards, which can vary by region and country. The Future of Core Banking Software Looking ahead, the future of core banking software is bright, with continuous innovations on the horizon. The integration of emerging technologies like quantum computing and advanced AI will further enhance the capabilities of core banking systems. As customer expectations continue to evolve, banks will need to prioritize agility, security, and personalization to stay ahead of the competition. Conclusion Core banking software has come a long way from its traditional roots, transforming to meet the demands of a fast changing digital terrain. With innovations like cloud technology, AI, blockchain, and real-time processing, modern core banking systems are transforming the way banks operate and interact with customers. These advancements not only improve operational efficiency but also enhance the customer experience, offering greater convenience, security, and personalization. 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CHICAGO — Minnesota Vikings kicker Parker Romo made a 29-yard field goal in overtime for a 30-27 victory over the Chicago Bears on Sunday at Soldier Field. Quarterback Sam Darnold threw a 29-yard pass to tight end T.J. Hockenson to get the Vikings in position for the field goal. Darnold also completed a 20-yard pass to Justin Jefferson, a 9-yard pass to Aaron Jones and a 12-yarder to Hockenson to fuel the drive. The Bears won the coin toss before overtime and started with the ball on their 30. But quarterback Caleb Williams rushed for 1 yard, lost 12 yards on a sack and was called for a delay-of-game penalty. He threw a 10-yard pass to DJ Moore on third-and-26, and the Bears punted. Before extending their losing streak to five games, the Bears (4-7) made a furious comeback from 11 points down to force overtime. DeAndre Carter’s 55-yard kickoff return set up the Bears on their second-to-last drive, when they were down 27-16. Williams then completed five passes on a 40-yard touchdown drive, which ended with a 1-yard pass to Keenan Allen with 22 seconds to play. Williams found Moore for the 2-point conversion pass to cut it to 27-24. Defensive back Tarvarius Moore then recovered Cairo Santos’ onside kick. Williams hit Moore with a 27-yard pass up the middle, and the Bears ran to spike the ball at the 30-yard line. Santos hit a 48-yard field goal as time expired in regulation to send the game to overtime tied at 27. Williams completed 32 of 47 passes for 340 yards and two touchdowns. Darnold had 330 yards on 22-for-34 passing with two touchdowns. Wide receiver Jordan Addison had eight catches for 162 yards, and Hockenson added seven catches for 114 yards. The Bears pulled within eight points on Williams’ 10-yard touchdown pass to Moore with 7 minutes, 22 seconds to play. Williams’ 2-point conversion pass to Allen was out of reach, and they trailed 24-16. The Vikings (9-2) responded with a 26-yard field goal to make it a two-score game. Darnold briefly left the drive with an injury, and backup Nick Mullens completed a 14-yard pass on third-and-13. Darnold returned to complete the drive, which Romo finished with his second field goal and a 27-16 lead before the Bears mounted the comeback. The Bears had two big special teams mistakes earlier in the game that looked costly. In the first half, Santos had his second straight field goal blocked on a 48-yard attempt. And late in the third quarter, Carter had a punt hit his leg and Vikings outside linebacker Bo Richter recovered at the Bears 5-yard line. Five plays later, Jones scored on a 2-yard run for a 24-10 lead. ©2024 Chicago Tribune. Visit at chicagotribune.com . Distributed by Tribune Content Agency, LLC.Canadian facing ‘exponential’ rise in fraud as holidays, mail strike collide