Did Universal Display Corporation Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate- OLED
NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Universal Display Corporation ("Universal Display Corporation") (NASDAQ:OLED) concerning possible violations of federal securities laws. On August 1, 2024, Universal reported solid 2Q 2024 results and raised the bottom-end of its full year revenue outlook.
OLED ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Universal Display Corporation
NEW YORK, NY / ACCESSWIRE / November 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Universal Display Corporation ("Universal Display Corporation") (NASDAQ:OLED) concerning possible violations of federal securities laws. On August 1, 2024, Universal reported solid 2Q 2024 results and raised the bottom-end of its full year revenue outlook.
Universal Music Group: Pershing does not have the right to require Amsterdam delisting
CNBC's Andrew Ross Sorkin reports on the latest news.
Universal Music Group Shuts Down Bill Ackman's Request To Delist From Amsterdam Stock Exchange
Universal Music Group opposed a request from billionaire Bill Ackman to delist from Amsterdam's stock exchange, saying Ackman's hedge fund has no right to ask the record label to do so after Ackman cited a series of antisemitic attacks in the Dutch city as a “tipping point” earlier this week.
Universal Music Group will move to U.S. exchange in 2025, Ackman says
Billionaire Bill Ackman will move Universal Music Group from its stock market listing in Amsterdam to the New York Stock Exchange or the Nasdaq by the end of 2025. Ackman's Pershing Square has unusual privileges at UMG, even for a top shareholder, including the contractual right to force the company to re-list its primary stock exchange listing.
Universal Display: Strong Growth Ahead
Universal Display's revenue growth is expected to recover in 2024, with analysts forecasting a 15% increase following a 2023 decline. The OLED market growth, key licensing agreements, and increased demand in China and South Korea support our revenue forecast of 16.2% CAGR through 2026. Based on a Discounted Cash Flow Valuation, we estimate a 29% stock price upside and rate OLED stock as a Buy.
Analyzing Universal Health's Q3 Earnings: To Buy or Keep Your Cool?
UHS is well-poised to benefit from growing patient volumes and extensive treatment network, partly offset by elevated operating costs.
Thanksgiving box office showdown shows importance of premium screens
Universal's "Wicked," Paramount's "Gladiator II" and Disney's "Moana 2" will face off at the Thanksgiving box office, each vying for time on theaters' biggest screens. There are currently more than 950 theaters in North America that have these PLF screens, a 33.7% jump from just five years ago.
Universal Display Q3 Earnings Beat on Higher Licensing Revenues
Despite declining material sales, OLED reports y/y top-line growth in the third quarter on higher royalty and license fees.
Universal Health Q3 Earnings Miss on Elevated Operating Costs
UHS' Q3 results suffer from rising operating costs in salaries, wages and benefits, and supplies, impacting profitability. Nevertheless, strong revenue growth and increased admissions partly offset the downside.
Universal Music release AI-powered Spanish version of Brenda Lee's hit song
Universal Music Group on Friday released a Spanish version of country music star Brenda Lee's 1958 hit song "Rockin' Around the Christmas Tree" using SoundLabs' AI technology.
Universal Health Services' higher expenses weigh on third-quarter profit
Hospital operator Universal Health Services reported on Thursday its third-quarter profit in line with Wall Street estimates, hurt by increased expenses, such as salaries and wages for its staff.
