Tag: accounting

Oslo, 15 July 2025: Reference is made to the publication of Vow ASA’s (the "Company") (OSE ticker: VOW) Q1 2025 report published 28 May 2025 (the "Q1 Report"). The Company has identified a technical accounting error in the Q1 Report, resulting in an overstatement of NOK 16 million in the EBITDA reported for the period, primarily affecting the Industrial segment. In addition, the Company expects to record a one-off EBITDA charge in the H1/Q2 2025 accounts for an amount in the range of NOK 30-35 million. The one-off EBITDA charge is an accounting adjustment with no cash effect and related to technical reporting of progress of costs in projects.

NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Archer-Daniels-Midland Company (NYSE: ADM) on behalf of long-term stockholders following a class action complaint that was filed against ADM on January 24, 2024 with a Class Period from April 30, 2020 through January 22, 2024. Our investigation concerns whether the board of directors of ADM have breached their fiduciary duties to the company.

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In BellRing Brands (BRBR), KBR (KBR), Quantum (QMCO), or CTO (CTO) To Contact Him Directly To Discuss Their Options

PHOENIX, July 14, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("Cavco" or the "Company") announced today that it has entered into a definitive agreement to acquire American Homestar Corporation and its subsidiaries (collectively, "American Homestar"), a Houston-based company best known in the market as Oak Creek Homes. American Homestar operates two manufacturing facilities, nineteen retail locations, writes and sells a limited number of manufactured home loans and acts as an agent for third party insurers. With 800 employees, revenues for the twelve months ended May 31, 2025 were $194 million, net income was $16.6 million and earnings before interest, taxes, depreciation, amortization, and other income ("Adjusted EBITDA") (non-GAAP)* was $17.8 million. During that time, American Homestar produced 1,676 homes.

BOCA RATON, FL, July 14, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) today announced it will host a live X Spaces conversation on Tuesday, July 15, 2025, at 1:30 p.m. Eastern Time, titled “DFDV Guidance Drop: First Forecasts, Convertible Note, & Company Update.”