Gen Digital (GEN)
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GEN Restaurant Group: Despite The Rally, It's Still One Of The Cheapest FSRs Out There
Seeking Alpha· 2025-03-10 15:22
Core Viewpoint - GEN Restaurant Group (NASDAQ: GENK) is identified as one of the most discounted restaurant stocks in the market, suggesting potential investment opportunities based on its current valuation [1]. Company Analysis - The company operates within the restaurant sector, which includes various segments such as QSR (Quick Service Restaurants), fast casual, casual dining, fine dining, and family dining [1]. - Advanced analytical models and specialized valuation techniques are employed to provide insights and strategies for investors [1]. Industry Context - The analysis is part of a broader focus on restaurant stocks in the U.S. market, indicating a comprehensive approach to understanding market dynamics and investment potential [1].
Norton Launches Enhanced AI-Powered Scam Protection Across Cyber Safety Lineup
Prnewswire· 2025-02-19 20:00
Core Insights - Norton has launched Genie Scam Protection and Genie Scam Protection Pro, which utilize advanced AI to detect scams across various platforms including texts, phone calls, emails, and web [1][2][3] - The AI technology in Norton Genie continuously learns from user interactions, enhancing its effectiveness in identifying potential scams [2][3] - The new scam protection features are included at no extra cost in various Norton Cyber Safety products, providing proactive defense against scams [3][4] Product Features - Genie Scam Protection includes features such as Safe SMS, Safe Web, Scam Assistant, Norton Private Browser, Safe Call, and Safe Email, all designed to detect and block scams [6] - Safe SMS analyzes the meaning of words in text messages to identify sophisticated scams, while Safe Web offers protection during online shopping and browsing [6] - Scam Support and Reimbursement services assist users in recovering lost funds due to scams, enhancing customer confidence in using Norton products [6] Market Position - Norton is recognized as a leader in AI-powered scam detection, continuously innovating to stay ahead of evolving scam tactics [2][3][5] - The company aims to integrate additional technologies, such as deepfake detection, into its products to further enhance user protection [5] - Norton is part of Gen Digital, a global company focused on providing digital safety solutions, and is committed to empowering users with trusted protection [8]
Genmab to Participate in a Fireside Chat at the 45th Annual TD Cowen Health Care Conference
Globenewswire· 2025-02-19 14:14
Company Overview - Genmab A/S is an international biotechnology company focused on improving patient lives through innovative antibody therapeutics [2][3] - Established in 1999 and headquartered in Copenhagen, Denmark, Genmab has a global presence in North America, Europe, and Asia Pacific [3] Product Pipeline and Vision - Genmab has developed a proprietary pipeline that includes bispecific T-cell engagers, antibody-drug conjugates, next-generation immune checkpoint modulators, and effector function-enhanced antibodies [2] - The company's vision by 2030 is to transform the lives of patients with cancer and other serious diseases through groundbreaking antibody medicines, referred to as "knock-your-socks-off" (KYSO) therapies [2] Upcoming Events - Genmab's Chief Financial Officer Anthony Pagano and Chief Development Officer Judith Klimovsky will participate in a fireside chat at the 45th Annual TD Cowen Health Care Conference on March 3, 2025 [1]
Gen Announces Pricing of $950,000,000 of Senior Notes
Prnewswire· 2025-02-13 22:31
Core Viewpoint - Gen Digital Inc. has announced the pricing of $950 million in senior notes with a 6.25% interest rate, due in 2033, as part of a private offering exempt from registration under the Securities Act [1][2]. Group 1: Offering Details - The offering of the senior notes is expected to close on February 13, 2025, pending customary closing conditions [2]. - The net proceeds from this offering will be used to repurchase all outstanding 5.00% Senior Notes due 2025 and to pay accrued and unpaid interest on those notes [2]. Group 2: Regulatory Compliance - The notes are being offered only to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S, and they will not be registered under the Securities Act [3]. - The offering does not constitute an offer to sell or a solicitation to buy any security in jurisdictions where such actions would be unlawful [4]. Group 3: Company Overview - Gen Digital Inc. is a global leader in cybersecurity and digital safety, providing services through brands like Norton, Avast, and LifeLock, serving nearly 500 million users across more than 150 countries [5].
Gen Announces Proposed Offering of Senior Notes
Prnewswire· 2025-02-13 14:10
Core Viewpoint - Gen Digital Inc. is proposing to sell $1,100 million in senior notes due 2033 to repurchase existing senior notes and for general corporate purposes [1][2]. Company Overview - Gen Digital Inc. is a global leader in digital safety, offering a range of consumer brands including Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner [5]. - The company aims to empower nearly 500 million users across more than 150 countries to live their digital lives safely and confidently [5]. Notes Offering Details - The proposed offering consists of senior notes that will not be registered under the Securities Act and will be offered only to qualified institutional buyers and non-U.S. investors [3]. - The net proceeds from the notes offering will be used to repurchase all outstanding 5.00% Senior Notes due 2025 and for general corporate purposes [2]. Regulatory Compliance - The offering is exempt from the registration requirements of the Securities Act, and the notes may not be offered or sold in the United States without registration or an applicable exemption [3][4].
Gen Q4 Threat Report: 321 Threats Blocked Per Second as Social Media Becomes a Playground for Scammers
Prnewswire· 2025-02-13 14:00
Core Insights - The Q4/2024 Gen Threat Report indicates a record-breaking year for cyber threats, with 2.55 billion threats blocked in the last quarter alone, averaging 321 threats every second [1][2] - Social engineering attacks accounted for 86% of all blocked threats, highlighting the advanced psychological tactics employed by cybercriminals [1][2] - The report anticipates an increase in risks in 2025 due to the rise of AI-powered systems and devices, which are expected to be the next frontier for cybercrime [2] Cyber Threat Landscape - Phishing attacks rose by 14% in Q4/2024, with scammers exploiting platforms like Wix and spoofing brands such as Apple iCloud [3] - Malvertising was responsible for 41% of all blocked attacks in the quarter, indicating its prevalence as a method for delivering scams and malware [3] - Social media platforms, particularly Facebook, were identified as prime grounds for scams, with Facebook accounting for 56% of total identified threats [4] Financial Scams - The last quarter of 2024 marked the most active period for financial scams, with mobile phones being a primary attack vector [6] - Deceptive online ads (malvertising) accounted for 27% of scams, followed by fake e-shops at 23% and phishing at 18% [6] Notable Scams - The CryptoCore group executed the largest deepfake crypto scam, stealing over $7 million by hijacking YouTube accounts and using deepfake videos [7] - New mobile banking trojans emerged, with infections of the BankBot banker rising by 236% compared to Q3/2024 [7] Personal Data Risks - Personal data loss remains a significant risk, with a 130% increase in attacks targeting individuals, totaling 4.2 million blocked attacks in Q4 [9] - Ransomware incidents saw a 50% increase in Q4, indicating a growing threat to both organizations and individuals [10] Company Initiatives - To combat these threats, Gen introduced a Clipboard Protection feature across its brands, aimed at blocking clipboard-based threats [10] - Gen operates a family of trusted Cyber Safety brands, providing cybersecurity, online privacy, and identity protection to nearly 500 million users globally [11]
Notice to Convene the Annual General Meeting of Genmab A/S
Globenewswire· 2025-02-13 11:00
Company Announcement - Genmab A/S will hold its Annual General Meeting on March 12, 2025, at 2:00 PM CET at the Copenhagen Marriott Hotel [2] Company Overview - Genmab is an international biotechnology company focused on improving patient lives through innovative antibody therapeutics, with a vision to transform cancer treatment by 2030 [3][4] - Established in 1999, Genmab is headquartered in Copenhagen, Denmark, and has a presence in North America, Europe, and Asia Pacific [4]
Genmab Files Annual Report with the U.S. Securities and Exchange Commission
Globenewswire· 2025-02-12 18:14
Company Overview - Genmab A/S is an international biotechnology company focused on improving patient lives through innovative antibody therapeutics [2][3] - Established in 1999 and headquartered in Copenhagen, Denmark, Genmab has a global presence across North America, Europe, and Asia Pacific [3] Financial Reporting - Genmab filed its Annual Report for the financial year 2024 on Form 20-F with the U.S. SEC, which includes parts of the Genmab A/S Annual Report 2024 [1] Strategic Vision - By 2030, Genmab aims to transform the lives of individuals with cancer and other serious diseases through its advanced antibody medicines, referred to as "knock-your-socks-off" (KYSO) therapies [2]
Romance Reimagined: How AI is Playing Cupid (and Catfish)
Prnewswire· 2025-02-04 08:00
Norton uncovers AI's role in modern romance, with 60% of online daters believing their matches used AI to chat them up TEMPE, Ariz. and PRAGUE, Feb. 4, 2025 /PRNewswire/ -- As dating platforms evolve and artificial intelligence becomes more integrated into our daily lives, people are finding both new opportunities and new threats in their pursuit of meaningful connections. A new study from Norton, a consumer Cyber Safety brand of Gen™ (NASDAQ: GEN), uncovers how AI is reshaping online dating– helping people ...
Unlocking Gen Digital (GEN) International Revenues: Trends, Surprises, and Prospects
ZACKS· 2025-02-03 15:15
Have you evaluated the performance of Gen Digital's (GEN) international operations during the quarter that concluded in December 2024? Considering the extensive worldwide presence of this security software maker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth ...