Latest news with #StevenWest
Globe and Mail
27-05-2025
- Business
- Globe and Mail
Insider Trading: D-Wave Quantum's (QBTS) Key Insiders Sell Shares Worth $7.13M
Steven M. West, chairman at D-Wave Quantum (QBTS), and Roger Biscay, one of the company's directors, recently sold shares of the quantum computing company, worth $7.13 million. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to the most recent SEC filing, West sold 311,973 shares at a weighted average price of $16.504 per share on May 21. Despite this significant sale, he holds 236,322 D-Wave's shares directly and 24,659 shares indirectly. Also, Biscay divested 112,196 shares on May 21 and May 22. Following the deal, the Director has 106,626 shares left under his ownership. It is important to keep an eye on the Informative trades of corporate insiders, given their knowledge of a company's growth potential. Interestingly, TipRanks offers daily insider transactions as well as a list of top corporate insiders. It also provides a list of hot stocks that boast either a Very Positive or Positive insider confidence signal. Top-Rated Analyst Bullish on QBTS Stock While insiders are bearish on the stock, Top-rated Financial analyst Craig Ellis, remains bullish. He reiterated a Buy rating on QBTS stock with a price target of $13 per share. The analyst rating came after QBTS launched the Advantage2 quantum computer, offering major improvements in performance, connectivity, and energy efficiency. The analyst said that the announcement drove a 28% surge in QBTS shares, pushing the stock past its $13 price target. Several major customers across different fields, such as Los Alamos National Labs (scientific research), Davidson Technology (national security), and Japan Tobacco (drug discovery), showed strong support for Advantage2. The analyst said that D-Wave is doing a good job bringing its technology to businesses, showing it is getting more companies to use its quantum computing. Is QBTS a Good Stock to Buy Now? Turning to Wall Street, QBTS stock has a Strong Buy consensus rating based on six Buys assigned in the last three months. At $13, the average D-Wave price target implies a 30.85% downside potential. Shares of the company have gained 206.2% over the past three months. See more QBTS analyst ratings
Daily Mail
21-05-2025
- Business
- Daily Mail
Luxury sneaker shop Dough Store closes two locations as unhappy customers accuse the business of failing to send out orders
A luxury sneaker store has been slammed by customers who claim they have been left hundreds of dollars out of pocket over unfulfilled orders. Dough Store, which was rebranded to DS Sneakers, sells brands including Nike, Jordan, Yeezy, Travis Scott and Essentials for as much as $1,200 a pair. It recently closed stores in Melbourne and on the Gold Coast. Dozens of Aussies have taken to social media to complain that their expensive purchases are yet to be delivered. 'I ordered a bag in October 2024, its late February 2025 and I have still not received a refund or a bag,' one customer wrote. 'Please do not purchase from here, they are a scam. They first said (the bag was) two to three working days held up in customs then said they can't find my order. 'Then they said they will refund me, nothing now and I have put in a dispute with my bank hoping to get my money. Please do not order, they are scams.' 'Scam. Never received my $4,000 order. No reply either. It's been over two months and I still haven't gotten a reply or refund,' a second wrote. Customer Steven West claimed he was 'scammed' $785 for a pair of Nikes that never arrived after ordering them from DS Sneakers more than a year ago. 'I bought the shoes online on Christmas Eve in 2023. They had a 15 per cent off sale at the time, so I thought why not. I paid for them and waited for them to arrive. '(Months later) I started emailing asking where my shoes were and they said they were delayed by customs,' he said. 'Then they said they couldn't get (the shoes in) anymore, but they still were selling them on their website.' DC Sneakers offered him a store credit to buy another product. 'They said I could swap my order for something else, and gave me 10 per cent off on top of that, so I got a pair of shoes and a hoodie,' he said. 'Another four months went by and it never arrived. I started messaging them on Instagram and Facebook. They contacted me via Instagram, and said it was out of their control. They kept saying, "oh, we'll give you a refund".' He eventually tried to get his money back through PayPal and his bank, but was told it had been too long since the purchase to get a refund. Owner Jay Edwards-Kloss told News Corp that DC Sneakers were trying to get everyone their orders and would continue to operate online. 'We have already addressed the majority, with a commitment to resolve the rest no matter what. We have not buried our heads in the sand and we would never,' he said. 'We never considered walking away or liquidating and leaving people empty-handed, we're fully committed to making things right before making any decisions moving forward. 'We will continue to operate online with skeleton staff and online only to ensure we get the last of any outstanding issues resolved quickly.' A Consumer Affairs Victoria spokesperson said it was aware of reports about the business in a statement on Wednesday. 'We are aware of reports about this business and encourage any Victorian consumers with concerns to contact us for assistance,' they said.
Yahoo
11-03-2025
- Yahoo
TGSO: 7 firearms seized, 1 arrested after San Angelo search warrant
SAN ANGELO, Texas (Concho Valley Homepage) — Seven firearms, three of which were stolen, were seized and one person was arrested following the execution of a search warrant in San Angelo, according to the Tom Green County Sheriff's Office. The sheriff's office stated that the warrant was executed on Monday, March 10, in the 200 block of North Bishop Street. During the warrant's execution, 'investigators located and seized 7 firearms, 3 of which were confirmed stolen out of the City of San Angelo.' Steven West, 42, was arrested for unlawful possession of a firearm by a felon as a result of the search warrant. The TGSO online jail roster states that West was booked into the Tom Green County Detention Center at 12:44 p.m. on Tuesday, March 11. He has no bond posted as of the time of publication. Execution date nears for 'Desert Killer' The investigation was led by investigators of the TGSO Criminal Investigation Division and assisted by 'Deputies with the Patrol Division, the Tom Green County Sheriff's Office Special Response Team, Special Agents with the Texas Department of Public Safety Criminal Investigations Division (CID), Texas Parks and Wildlife, and the San Angelo Fire Department.' 'The Tom Green County Sheriff's Office would also like to thank the public for the support and information that contributes to the success of the Sheriff's Office's ongoing efforts to combat crime within San Angelo and the Tom Green County area,' TGSO said. The sheriff's office stated that its investigation remains ongoing and that 'additional charges and arrests may be forthcoming.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
