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Apollo Launches Three Evergreen ELTIFs to Broaden Private Markets Access
ZACKS· 2025-09-25 18:41
Key Takeaways Apollo gained approval to launch three evergreen ELTIFs under Luxembourg's ELTIF 2.0 regime.Each fund targets distinct goals, from senior loans and multi-asset credit to global private equity. The new ELTIFs expand Apollo's Luxembourg platform to eight evergreen products in Global Wealth. Apollo Global Management, Inc. (APO) has received regulatory approval to launch three evergreen, semi-liquid European Long-Term Investment Funds (“ELTIFs”). The launch will further broaden access to instituti ...
Schwab Seeks to Provide Retail Investors Access to Private Companies
ZACKS· 2025-09-25 18:36
Key Takeaways Schwab is considering giving retail investors direct access to private companies.CEO Rick Wurster said growing private firms make expanded access a priority.Robinhood has also filed plans for a fund, giving everyday investors private access.Charles Schwab (SCHW) has been wanting to allow retail investors direct access to private companies. In an interview with Bloomberg Television, as published in an MSN article, SCHW’s CEO and president, Rick Wurster, said that the brokerage giant is explorin ...
SKYW Stock Surges 22.6% in Q2: Can the Momentum Last in 2025?
ZACKS· 2025-09-25 18:31
Key Takeaways SKYW shares surged 22.6% year over year, outperforming on strong demand and execution. Q2 2025 block hours rose 19%, with 17.7% more departures and 13.1% more passengers carried. Investment in Maeve Aerospace secures launch rights for hybrid-electric jets, boosting sustainability.SkyWest (SKYW) stock delivered strong performance on the bourse in 2024. Shares of this St. George, UT-based carrier have risen 22.6% year over year, outperforming the Zacks Transportation sector’s 11% decline.Image ...
DAVE vs. SEZL: Which Fintech Stock Is Poised Well for Growth Now?
ZACKS· 2025-09-25 18:31
Key Takeaways Sezzle's GMV surged 74.2% in 2Q25, driving 76.4% revenue growth and strong customer engagement.Dave added 722K members in Q2, boosting revenues 64% and adjusted EBITDA 236% y/y.Estimates suggest 2025 sales growth of 63.1% for Sezzle and 47.5% for Dave, with solid EPS growth for both.Both Dave (DAVE) and Sezzle (SEZL) are excellent fintech companies that target consumer-oriented payments and provide banking alternatives. While DAVE focuses on cash advances, SEZL offers interest-free installment ...
NIKE Q1 Earnings to Gain From "Win Now" Strategy: Is it Time to Buy?
ZACKS· 2025-09-25 18:26
Key Takeaways The Q1 revenues are projected at $11B, suggesting a 5% y/y fall, with EPS at $0.28, indicating a 60% decline.NIKE is rebalancing its portfolio, investing in innovation and strengthening wholesale partnerships.Tariffs, elevated SG&A and weakness in China are expected to pressure near-term margins and sales.NIKE Inc. (NKE) is slated to release first-quarter fiscal 2026 results on Sept. 30. The leading sports apparel retailer is estimated to have witnessed year-over-year declines in the top and b ...
KBH Q3 Earnings & Revenues Beat Estimates, Both Decline Y/Y, Stock Up
ZACKS· 2025-09-25 18:21
Key Takeaways KB Home's Q3 EPS of $1.61 and revenues of $1.62B beat estimates but fell year over year.Net orders dropped 4% y/y to 2,950, driving a 24% backlog decline and pricing pressure.FY25 guidance was revised lower, with housing revenues now seen between $6.1 billion and $6.2 billion.KB Home (KBH) reported third-quarter fiscal 2025 results. The quarter’s earnings and total revenues surpassed the Zacks Consensus Estimate but decreased on a year-over-year basis.The company’s quarterly results highlighte ...
Accenture Earnings Beat Estimates in Q4, Revenues Increase Y/Y
ZACKS· 2025-09-25 18:21
Key Takeaways Accenture's Q4 earnings of $3.03 per share rose 8.6% y/y.Revenues climbed 7.3% to $17.6B, led by double-digit growth in financial services.The 1Q26 revenues are guided at $18.1-$18.75B, above the consensus estimate.Accenture plc (ACN) has reported impressive fourth-quarter fiscal 2025 results, wherein earnings and revenues surpassed the Zacks Consensus Estimates.ACN’s earnings were $3.03 per share, beating the Zacks Consensus Estimate by 1.7%. The metric increased 8.6% from the year-ago quarte ...
Prudential Financial Trades at a Discount: Time to Load Up or Hold Off?
ZACKS· 2025-09-25 18:16
Shares of Prudential Financial, Inc. (PRU) are trading at a discount compared to the Zacks Insurance - Multi line industry. Its forward price-to-earnings of 7.11X is lower than its five-year median of 7.92 and the industry average of 8.86X. The insurer has a Value Score of B. Image Source: Zacks Investment ResearchHowever, shares of other insurers like Horace Mann Educators Corporation (HMN) and Assurant, Inc. (AIZ) are trading at a multiple higher than the industry average. Horace Mann Educatorsis trading ...
Here's Why Investors Should Hold CNO Financial Stock for Now
ZACKS· 2025-09-25 18:10
Key Takeaways CNO Financial posts 8.7% premium growth and higher policy income in Q2 2025.Acquisitions, new products and tech upgrades support CNO's future expansion.CNO faces high debt levels, falling cash and rising insurance-related expenses.CNO Financial Group, Inc. (CNO) is strategically positioned for growth, supported by strong collected premiums from annuity, life and health products, rising new annualized premiums and higher fee revenues. Diversified product portfolio, strategic acquisitions, techn ...
Citigroup to Sell 25% Stake in Banamex Amid Organizational Overhaul
ZACKS· 2025-09-25 18:06
Key Takeaways Citigroup agreed to sell a 25% stake in Banamex to Fernando Chico Pardo and his family.The sale supports Citigroup's exit from consumer banking in Mexico while focusing on institutional growth.Completion of the deal is expected in the second half of 2026, subject to regulatory approvals in Mexico.Citigroup Inc. (C) has taken a decisive step in its global restructuring efforts, announcing an agreement with a company wholly owned by Mexican business leader Fernando Chico Pardo and his family to ...