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Shareholders Cannot Afford to Allow Chairman David Goebel to Remain as a Director at Jack in the Box – Asserts Biglari Capital
Globenewswire· 2026-02-13 12:38
Core Viewpoint - Biglari Capital Corp. criticizes David Goebel's 17-year tenure as chairman of Jack in the Box Inc., claiming his outdated expertise has led to significant financial losses and poor company performance [1][7]. Group 1: Company Performance and Financial Impact - Jack in the Box has lost approximately $1.8 billion, or 80% of its value, in the last five years, indicating severe financial distress under Goebel's leadership [7]. - The company has been forced to suspend dividends, close 150-200 stores, and restructure to remain solvent, which reflects the negative impact of Goebel's decisions [2]. - Jack in the Box is experiencing its lowest same-store sales and adjusted EBITDA since the COVID pandemic, highlighting ongoing operational challenges [8]. Group 2: Governance and Leadership Issues - The board is described as being heavily reliant on Goebel's outdated experience, with long-tenured directors lacking relevant restaurant expertise [2]. - There has been chronic leadership instability, with three CEOs and eight CFOs in the last five years, indicating governance issues within the company [8]. - Short interest accounts for over 30% of the float, suggesting a lack of confidence in the current board and its ability to lead the company effectively [9]. Group 3: Call to Action - Biglari Capital urges shareholders to vote against Goebel's re-election, emphasizing the need for accountability and a change in leadership to improve the company's situation [11]. - The statement asserts that Goebel's continued influence poses a risk of further damaging the brand and worsening the financial situation [9][10].
Box Inc. (BOX) Positioned for Double-Digit Growth Amid Product Expansion
Yahoo Finance· 2026-02-11 17:20
Box, Inc. (NYSE:BOX) is one of the best affordable tech stocks to buy right now. On January 19, DA Davidson identified Box Inc (NYSE:BOX) as one of its top software stock picks for 2026. The firm also gave the stock a Buy rating. Box Inc. (BOX) Positioned for Double-Digit Growth Amid Product Expansion Copyright: melpomen / 123RF Stock Photo DA Davidson said their Buy rating is supported by customers continuing to upgrade to the company’s Enterprise Advanced tier. The firm sees this as a catalyst for fut ...
D-BOX Reports Strong Third Quarter with $2.7 Million Net Profit Before Income Taxes on $3.1 Million of Royalties
Globenewswire· 2026-02-10 22:00
Q3 Fiscal 2026 Highlights Total revenues of $13.8 millionAdjusted EBITDA1 of $3.4 millionNet profit of $9.1 million, net profit before income taxes of $2.7 millionRoyalties of $3.1 million MONTREAL, Feb. 10, 2026 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Company") (TSX: DBO) today reported financial results for its third quarter ended December 31, 2025. “In Q3 2026, D-BOX continued to deliver on its benchmark goal of generating adjusted EBITDA in excess of its royalty revenues,” said Nave ...
Jack in the Box Brings Back the Hot Mess Burger as a Limited-Time Throwback Classic for Its 75th Anniversary
Businesswire· 2026-02-10 21:19
reduction as part of its "JACK on Track†plan. "This debt repayment reflects the meaningful progress we continue to make toward strengthening our balance sheet and positioning the Company for sus...[Back to Newsroom]## Wish your news had this kind of reach?[Sign Up][Learn About Business Wire] Jack in the Box Brings Back the Hot Mess Burger as a Limited-Time Throwback Classic for Its 75th AnniversaryFeb 10, 2026 4:19 PM Eastern Standard Time# Jack in the Box Brings Back the Hot Mess Burger as a Limited-Time T ...
Jim Cramer on Box, Inc.: “That’s Pretty Darn Cheap”
Yahoo Finance· 2026-02-10 15:57
Box, Inc. (NYSE:BOX) is one of the software stocks that Jim Cramer named as potential undervalued buys. Cramer started his list with the stock and commented: Let’s go through some of my favorites… Let’s start with Box… document storage and collaboration software play with a stock that’s down 36% from its high. CEO Aaron Levie was on CNBC earlier this week, and I thought he gave a great rebuttal to the idea that AI will make enterprise customers completely abandoned third party software… Box is expected to ...
Software experiencing 'most exciting moment' as AI fears hammer the stocks
CNBC· 2026-02-05 00:34
Group 1: Company Performance - Box CEO Aaron Levie describes the current moment as the most exciting in the company's 20-year history, despite Wall Street's negative perception, with the stock down 17% in 2026 after a significant drop earlier in the year [1] - The WisdomTree Cloud Computing Fund has seen a decline of about 20% in 2026, with Box's performance reflecting broader trends in the software industry [2] Group 2: Industry Trends - The generative AI boom, initiated by OpenAI's ChatGPT, is rapidly transforming the business landscape, enabling the creation of apps and digital products in a matter of seconds or minutes [3] - Levie highlights a "cognitive dissonance" within the industry, where companies recognize the potential of AI to enhance their products while also fearing that AI could threaten their existence [3] - Levie argues that businesses prefer to invest in specialized vendors for back office software and customer relationship management systems rather than developing these capabilities in-house, which would involve additional liabilities [4]
Box (NYSE:BOX) 2026 Conference Transcript
2026-02-03 20:22
Summary of Box (NYSE:BOX) 2026 Conference Call Company Overview - **Company**: Box (NYSE:BOX) - **Date of Conference**: February 03, 2026 Key Industry Insights - **AI Adoption in Engineering**: AI is becoming an essential tool in engineering, with predictions that by 2026, it will be impossible for the average engineer to build software without AI. Companies like Claude and OpenAI are already producing software entirely through AI [38][40]. - **AI in Knowledge Work**: The integration of AI in knowledge work (e.g., marketing, legal, sales) is lagging behind coding due to the complexity and variability of these fields compared to software development. Knowledge work involves more context and human interaction, making it harder to automate [41][44]. - **Enterprise Software Transformation**: Companies need to adapt their workflows to effectively integrate AI agents. This includes re-engineering business processes to support AI, which can lead to significant productivity gains and new revenue opportunities [46][58]. Core Company Perspectives - **NotebookLM**: The emergence of AI agents is creating a new economy where agents can interact and build their own systems, leading to innovative business models [34]. - **ROI and Adoption Challenges**: While there is rapid innovation in AI, enterprise adoption is slow. CIOs are still grappling with how to effectively implement AI in their organizations [36][38]. - **Future of Workflows**: The future will require organizations to create systems that provide context for AI agents, which will be crucial for their effectiveness. This may involve significant changes in how work is structured [47][52]. Financial and Market Considerations - **SaaS Market Dynamics**: The cost of software development is expected to decrease, leading to more competition and potentially lower prices. However, the value of systems that manage AI agents will increase as the number of agents grows [74][80]. - **Pricing Models**: There will likely be a shift towards consumption-based pricing models as companies experiment with AI. As they scale, they may prefer fixed pricing to stabilize costs [89][91]. Additional Insights - **Contextual Data Utilization**: Companies are encouraged to leverage their unstructured data (e.g., contracts, financial documents) to unlock value through AI agents. This requires a shift in how data is accessed and utilized [60][62]. - **Ambitious Projects**: The reduction in costs associated with AI allows organizations to pursue more ambitious projects that were previously deemed too complex or resource-intensive [92]. Conclusion - The conference highlighted the transformative potential of AI in both engineering and broader enterprise applications. Companies that are willing to adapt their workflows and embrace AI will likely gain a competitive edge in the evolving market landscape [92][93].
Ares Commercial Real Estate Corporation Announces Tax Reporting Information for Calendar Year 2025
Businesswire· 2026-01-30 21:30
Core Viewpoint - Ares Commercial Real Estate Corporation has announced the tax treatment for its common stock distributions for the year 2025, detailing the cash distribution per share and the classification of dividends [1] Summary by Categories Cash Distribution - The cash distribution per share allocable to 2025 is set at $0.2500 [1] Dividend Classification - Total ordinary dividends are specified, with qualified dividends also being part of the distribution [1] - The announcement includes details on total capital gain distributions and nondividend distributions [1] - Section 199A dividends are mentioned, indicating specific tax treatment for certain dividends [1] Important Dates - The record date for the distribution is December 31, 2024, and the payment date is January 15, 2025 [1]
The Launch of Box Extract Makes Box, Inc. (BOX) A Promising Cloud Stock
Yahoo Finance· 2026-01-30 21:00
Box, Inc. (NYSE:BOX) is one of the most promising cloud stocks according to analysts. On January 21, Citi analyst Steve Enders maintained his Buy rating on Box, Inc. (NYSE:BOX) stock, along with the price target of $40. The firm’s price target implies over 50% upside from the current levels. Separately, on January 15, the company announced that Box Extract is now generally available. Leveraging advanced generative AI models from providers such as OpenAI, Google, and Anthropic, and paired with intelligent ...
Equity Residential Reports 2025 Dividend Income Tax Treatment
Businesswire· 2026-01-23 22:00
Distribution Summary - The total distribution per share for common shares is $2.752500, with ordinary dividends amounting to $2.065372 and capital gain distributions of $0.000000 [2][4] - For preferred shares Series K, the total distribution per share is $4.145000, with ordinary dividends of $3.110252 and capital gain distributions of $0.000000 [3][4] Dividend Breakdown - The ordinary dividends for common shares include $0.675000 on January 2, 2025, and $0.692500 on March 31, 2025, among others [1][2] - Preferred shares Series K have dividends of $1.036250 on March 21, 2025, and similar amounts on subsequent dates [3][4] Tax Reporting - The distributions are reported in accordance with IRS regulations, including specific disclosures for capital gains and dividends [4][5] - The amounts reported in Box 2a for capital gains are relevant for holders of applicable partnership interests under Section 1061 of the Internal Revenue Code [4][5]