GES Investors Have the Opportunity to Join Investigation of Guess?, Inc. with the Schall Law Firm
The investigation focuses on determining if the Guess board breached its fiduciary duties to shareholders. Guess has signed an agreement to be taken private by Authentic Brands in an all-cash deal for $16.75 per share, totaling about $1.4 billion.
If you are a shareholder, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
25 minutes ago
- Business Wire
Modivcare Enters into Comprehensive Restructuring Agreement to Strengthen its Future, Reduce Debt and Inject Capital
DENVER--(BUSINESS WIRE)--Modivcare Inc. (the 'Company' or 'Modivcare') (Nasdaq: MODV), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving health outcomes, today announced that it has taken necessary and decisive action intended to strengthen its financial foundation while continuing to provide access to care, reduce costs, and improve outcomes for clients and members nationwide. Modivcare has filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas to implement a comprehensive restructuring transaction with the support of a supermajority of its key stakeholders. Through this process, Modivcare intends to build a stronger, sustainable organization, positioned for growth and well-equipped to meet the critical needs of members across its non-emergency medical transportation, personal care services and remote patient monitoring service lines. 'Modivcare sits at the center of the preventive healthcare ecosystem,' said Heath Sampson, Chief Executive Officer and President of Modivcare. 'This recapitalization strengthens our balance sheet and allows Modivcare to accelerate our investment in innovation by combining technology and data with high-touch member engagement. As the connector to care, our seamlessly connected platform improves access, quality and cost for payors, providers and facilities, while positioning us to lead the future of coordinated care.' More than 90% of First Lien Lenders and more than 70% of Second Lien Lenders have entered into a Restructuring Support Agreement ('RSA') with the Company. Those lenders have committed to support the Company throughout this process and have agreed to provide $100 million in 'debtor-in-possession' ('DIP') financing to finance the restructuring process and to support ongoing operations during this expedited bankruptcy process. Upon the closing of the DIP loan, Modivcare will have liquidity in excess of $100 million. The restructuring will reduce the Company's total outstanding funded debt obligations by approximately $1.1 billion (which is more than 85% of its outstanding funded debt obligations) and will meaningfully reduce the Company's annual cash interest and transition ownership to a group of seasoned and well-funded investors who are committed to Modivcare's success. All of Modivcare's service lines will continue to operate in the ordinary course, and we expect no interruption or change in access to care and a continued focus on operational excellence. Modivcare intends to close this transaction quickly by exiting the restructuring process early in the fourth quarter of 2025. Modivcare remains committed to providing excellent service to clients and their members. The Company has filed customary motions that, once approved, will allow Modivcare to meet obligations to clients and critical vendors, including transportation providers, and pay employee wages and benefits as usual. For more information about the Company's Chapter 11 case, including claims information, please visit or contact Verita, the Company's noticing and claims agent, at +1 (888) 733-1521 for U.S. and Canada or +1 (310) 751-2636 for international. Modivcare is advised by Latham & Watkins LLP, Hunton Andrews Kurth LLP, Moelis & Company LLC, and FTI Consulting. The First Lien Agent, the First Lien Lenders and the Second Lien Noteholders executing the RSA are advised by Paul Hastings LLP and Lazard. Cautionary Note Regarding Forward-Looking Statements Statements contained in this release constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are predictive in nature and are identified generally by the use of the terms 'intended', 'expected', 'estimates', 'will', and 'anticipates', and similar words or expressions indicating possible future expectations, events or actions. Forward-looking statements include statements regarding the Company's expectation about its ability to continue operating its business, fulfill its mission, make payments and meet obligations, and the Company's ability to implement the restructuring pursuant to the Chapter 11 cases, including the timetable of completing such transaction, if at all. Forward-looking statements are based on current expectations, assumptions, estimates and projections about the Company's business and its industry, and are not guarantees of future performance. These statements are subject to a number of known and unknown risks, uncertainties and other factors, many of which are beyond the Company's ability to control or predict, which may cause actual events to be materially different from those expressed or implied herein. The Company has provided additional information about the risks facing its business and the Company in its most recent annual report on Form 10-K, and in its subsequent periodic and current reports on Forms 10-Q and 8-K, filed by it with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made and are expressly qualified in their entirety by the cautionary statements set forth herein and in the periodic and current reports filed with the Securities and Exchange Commission identified above, which you should read in their entirety before making an investment decision with respect to the Company's securities. The Company undertakes no obligation to update or revise any forward-looking statements contained in this report, whether as a result of new information, future events or otherwise, except as required by applicable law. About Modivcare Modivcare Inc. ("Modivcare" or the "Company") is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for public and private payors and their members. The Company's value-based solutions address the social determinants of health (SDoH) by connecting members to essential care services. By doing so, Modivcare helps health plans manage risks, reduce costs, and improve health outcomes. Modivcare is a provider of non-emergency medical transportation (NEMT), personal care services (PCS), and remote patient monitoring solutions (RPM). To learn more about Modivcare, please visit
Business Wire
an hour ago
- Business Wire
Corpay Cross-Border 成為 New Zealand Football 官方外匯合作夥伴
多倫多--(BUSINESS WIRE)--(美國商業資訊)-- Corpay, Inc.* (紐約證券交易所代碼：CPAY) 作為全球企業支付領域的領導者，欣然宣佈旗下 Corpay Cross-Border 業務已與 New Zealand Football 簽署協議，成為其官方外匯合作（FX）夥伴。 透過這項合作，New Zealand Football 將能運用 Corpay Cross-Border 的創新解決方案，協助降低日常營運中的外匯風險。此外，Corpay Cross-Border 屢獲殊榮的平台，亦將使其能夠透過單一入口管理全球支付。 「Corpay Cross-Border 謹此恭賀 New Zealand Football 及 All Whites 成功取得 2026 FIFA 世界盃的參賽資格。」Corpay Cross-Border Solutions 首席市場營銷官 Brad Loder 表示，「我們高度重視 Corpay 品牌的發展，以及在紐西蘭的企業支付及外匯風險管理業務。作為官方外匯合作夥伴，我們期待與 New Zealand Football 攜手備戰世界盃，並建立長期合作關係。」 「隨着我們機構的發展與成熟，需要持續檢視國際營運的方式。此次與大型金融機構的合作，顯示我們已經站在全球化的思維層面。」New Zealand Football 行政總裁 Andrew Pragnell 表示，「能夠在紐西蘭足球運動蓬勃發展的時刻與 Corpay 合作，實在令人振奮，因為這項運動正在紐西蘭的各個層面持續壯大。」 關於Corpay Corpay, Inc. (NYSE: CPAY)是一家全球性標準普爾500指數企業支付公司，致力於協助企業和消費者以簡單、可控的方式支付費用。Corpay的現代支付解決方案套件協助其客戶更好地管理與車輛相關的費用（如加油和停車）、旅行費用（如酒店預訂）和應付帳款（如向供應商付款），從而讓我們的客戶能夠節省時間並最終減少支出。Corpay Cross-Border是指由Corpay, Inc.擁有和經營的一組法律實體。 Corpay——讓付款變得簡單。如欲瞭解更多資訊，請造訪： 。 *本文中的「Corpay」主要指Corpay, Inc.的跨境業務部門： ；查看Corpay跨境業務部門旗下公司的完整列表，請造訪： 。 免責聲明：本公告之原文版本乃官方授權版本。譯文僅供方便瞭解之用，煩請參照原文，原文版本乃唯一具法律效力之版本。
Yahoo
an hour ago
- Yahoo
BHP Group Ltd (BHP) (FY 2025) Earnings Call Highlights: Record Production and Strategic ...
This article first appeared on GuruFocus. Release Date: August 19, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points BHP Group Ltd (NYSE:BHP) achieved record iron ore and copper production, with copper volumes growing by 28% over the past three years. The company delivered a strong financial performance with an underlying EBITDA margin of 53% and a return on capital employed of 21%. BHP Group Ltd (NYSE:BHP) paid a final dividend of 60 US cents per share, resulting in a full-year dividend of $5.6 billion. The company achieved gender balance in its global workforce, with female representation now at 41.3%, contributing to better business performance. BHP Group Ltd (NYSE:BHP) has reduced its capital spend by $1 billion per year over the medium term and revised its target net debt range to $10 to $20 billion. Negative Points The company experienced a 10% decline in EBITDA due to unfavorable commodity prices, despite favorable foreign exchange rates. BHP Group Ltd (NYSE:BHP) encountered higher inflation and cost escalation than anticipated, particularly affecting the Jansen project. The pace of development for decarbonization technology has slowed, delaying anticipated operational decarbonization spend to the 2030s. Higher labor costs over and above CPI inflation impacted the company's financial performance. The transition to closure for New South Wales Energy Coal is progressing, indicating a phase-out of operations in that segment. Q & A Highlights Warning! GuruFocus has detected 5 Warning Sign with BHP. Is BHP fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the factors contributing to the 10% decline in EBITDA? A: The decline in EBITDA was entirely due to commodity prices. While we benefited from favorable foreign exchange rates, these were offset by inflationary pressures. Despite this, our operational performance remained strong, with copper equivalent volume growth up around 4%. (CFO, Vendita Pant) Q: How has BHP managed to maintain its position as the lowest cost major iron ore producer globally? A: Western Australia iron ore has consistently demonstrated its leadership with record production and shipments, achieving an EBITDA margin of 63%. Our costs are just $17.29 per ton, maintaining our status as the lowest cost major iron ore producer for six consecutive years. (CFO, Vendita Pant) Q: What are the future growth projections for BHP's production? A: Assuming our projects proceed as planned, we anticipate an average production growth of 2.2% per annum over the next decade. This growth is supported by our focus on highly attractive commodities and world-class assets. (CEO, Mike Henry) Q: Can you discuss the impact of inflation and cost escalation on the Jansen project? A: We encountered higher inflation and cost escalation than anticipated, particularly in surface works. We've taken action to contain these costs and will apply learnings to future projects. The first production for stage 2 has been extended by two years to free up capital for higher returning projects. (CEO, Mike Henry) Q: How is BHP addressing the challenges in decarbonization technology development? A: The pace of development for our decarbonization technology, particularly diesel displacement, has slowed. We now expect operational decarbonization spending to occur in the 2030s, aligning with the delayed timeline for critical technologies. However, we remain on track to meet our 2030 target for operational greenhouse gas emissions. (CFO, Vendita Pant) For the complete transcript of the earnings call, please refer to the full earnings call transcript.
