Daiichi Sankyo and Merck report phase 2 trial results for lung cancer drug
Orangekloud Technology Inc. (NASDAQ:ORKL), an $11.2 billion technology company whose stock is trading near its 52-week high of $82.19, announced Thursday that it has scheduled an extraordinary general meeting of shareholders. According to InvestingPro analysis, the company appears slightly overvalued at current levels. The company filed related documents with the Securities and Exchange Commission, including a notice of the meeting with a proxy statement dated September 4, 2025, and a form of proxy card for shareholders. The announcement comes as six analysts have recently revised their earnings expectations upward, according to InvestingPro data, which offers 10+ additional valuable insights about the company’s performance and outlook.
The filing did not disclose the specific agenda items or proposals to be considered at the meeting. Orangekloud Technology, which is based in Singapore, stated that the documents were furnished in connection with the upcoming meeting.
The announcement was made in a press release statement included in the SEC filing.
In other recent news, Hasbro’s second-quarter earnings results exceeded expectations, driven primarily by strong performance in its gaming portfolio. UBS highlighted this achievement by maintaining its Buy rating and adjusting its price target to $88.00, reflecting an implied 10% upside for the company’s Wizard estimates in the latter half of the year. Citi also increased its price target for Hasbro to $91.00, citing the strength of its Wizards of the Coast segment and applying a 17x multiple to its revised 2026 earnings estimate. Additionally, Goldman Sachs reiterated its Buy rating on Hasbro with a price target of $89.00, emphasizing the growth potential of the Magic the Gathering franchise. These developments follow a positive outlook from Jefferies, which noted Lego’s strong growth as a favorable indicator for Hasbro. Jefferies pointed out that Lego’s first-half revenue grew by 12%, with consumer sales up 13%, suggesting potential benefits for Hasbro. Overall, these recent developments indicate strong analyst confidence in Hasbro’s future performance.
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