MoneyLion (ML)

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Michelin: Group sales down 1.9% due to lower Original Equipment, partly offset by a significantly improved mix. In a highly volatile environment, the Group tightens up its steering and keeps its 2025 guidance unchanged.
GlobeNewswire· 2025-04-24 15:45
Clermont-Ferrand – April 24, 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the three months ended March 31, 2025 Group sales were down 1.9% due to lower Original Equipment volumes, partly offset by a significantly improved mix. In a highly volatile environment shaped by geopolitical and macro-economic uncertainties, the Group tightens up its steering and keeps its 2025 guidance unchanged. Consolidated sales for the quarter down 1.9% at €6.5 billion Volumes were down 7.3% due t ...
MoneyLion Inc. (ML) Flat As Market Sinks: What You Should Know
ZACKS· 2025-04-21 23:06
MoneyLion Inc. (ML) ended the recent trading session at $85.90, demonstrating no swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 2.36% for the day. Elsewhere, the Dow lost 2.48%, while the tech-heavy Nasdaq lost 2.55%.Coming into today, shares of the company had lost 2.07% in the past month. In that same time, the Business Services sector lost 1.14%, while the S&P 500 lost 5.6%.The investment community will be paying close attention to the earnings pe ...
Michelin: Publication of the preparatory documentation for the Annual Shareholders Meeting of May 16, 2025
GlobeNewswire· 2025-04-18 07:00
Group 1 - The Annual Shareholders Meeting of Michelin is scheduled for May 16, 2025, at Zénith d'Auvergne, France [2] - Shareholders will receive a notice of meeting that includes a voting form, agenda, resolutions for approval, and participation details [3] - Documentation related to the meeting is available on Michelin's website and can also be requested from the Company [4] Group 2 - The event will be broadcast live in both French and English on the Company's website, with a replay available for two years [4] - Key dates in the investor calendar include the quarterly information release on April 24, 2025, and the dividend payment date on May 23, 2025 [7]
Gen Completes Acquisition of MoneyLion, Accelerating the Company's Leadership in Financial Wellness
Prnewswire· 2025-04-17 13:00
TEMPE, Ariz. and PRAGUE, April 17, 2025 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom through its family of consumer brands, today announced the successful closing of its acquisition of MoneyLion Inc. This strategic milestone strengthens Gen's leadership in financial wellness, empowering consumers to confidently manage and protect their digital and financial lives. Gen Completes Acquisition of MoneyLion "We're thrilled to welcome MoneyLion t ...
New York Sues DailyPay and MoneyLion, Alleging Abusive Lending Practices
PYMNTS.com· 2025-04-14 23:47
Core Viewpoint - The New York State Attorney General has filed lawsuits against earned wage access providers DailyPay and MoneyLion, accusing them of illegal and deceptive practices akin to payday lending, with fees leading to annual interest rates as high as 750% [1][2]. Group 1: Legal Allegations - The lawsuits claim that the companies employ abusive tactics to encourage borrowers to take out new loans to cover previous debts [2]. - The Attorney General stated that these companies profit significantly by taking advantage of workers' wages, emphasizing that New Yorkers should retain their earned income rather than fall victim to predatory lending [2]. Group 2: Company Responses - DailyPay has filed a lawsuit seeking declaratory relief against the New York State Attorney General, arguing that its services do not constitute loans and thus are not subject to state usury laws [3]. - DailyPay's Chief Legal and Strategy Officer highlighted that other states have implemented consumer protection legislation for earned wage access services, suggesting that the Attorney General's actions may push consumers towards more harmful financial options [4]. Group 3: Legal Objectives - The lawsuits aim to terminate the payday lending practices of these companies in New York, seek restitution for affected borrowers, and impose civil penalties and costs [5].
Michelin: Standard & Poor’s upgrades Michelin’s Long-Term rating by one notch to 'A', with a Stable outlook
GlobeNewswire· 2025-04-01 08:00
COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Standard & Poor's upgrades Michelin's Long-Term rating by one notch to 'A', with a Stable outlook On March 31, 2025, Standard & Poor's has upgraded Michelin's (Compagnie Générale des Etablissements Michelin and its main financial subsidiaries) Long-Term Issuer Default Rating (IDR) rating from 'A-' to 'A', with a Stable outlook. The agency "anticipates that Michelin will continue to maintain a very strong balance sheet in 2025 and 2026, supported by strong and r ...
Michelin: TBC Corporation to divest its Midas franchise network to focus on core businesses
GlobeNewswire· 2025-03-31 16:08
On March 31, 2025, TBC entered into an agreement to divest its Midas franchise portfolio to Mavis Tire Express Service Corp. ("Mavis", headquartered in White Plains, New York, USA). Clermont-Ferrand, March 31, 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN TBC Corporation to divest its Midas franchise network to focus on core businesses Compagnie Générale des Établissements Michelin ("Michelin") jointly operates TBC Corporation ("TBC"), a U.S. based tire distribution company and franchisor, with Sumito ...
MoneyLion Inc. (ML) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-03-25 23:05
In the latest market close, MoneyLion Inc. (ML) reached $88.01, with a +0.05% movement compared to the previous day. This change lagged the S&P 500's 0.16% gain on the day. On the other hand, the Dow registered a gain of 0.01%, and the technology-centric Nasdaq increased by 0.46%.Coming into today, shares of the company had gained 2.89% in the past month. In that same time, the Business Services sector lost 3.54%, while the S&P 500 lost 3.59%.The investment community will be closely monitoring the performan ...
Michelin: Restatement of segment reporting of interim periods (Q1, H1, 9M) 2024
GlobeNewswire· 2025-03-25 13:00
March 25th, 2025 23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND Restatement of segment reporting of interim periods (Q1, H1, 9M) 2024 The below information reflects the intermediate (Q1, H1, 9M) restatements following to the changes in the scope of reporting segments implemented in 2024. These changes were mainly related to the Two-wheel tire business, which is now consolidated in the SR1 (Automotive, Two-wheel and related distribution segment), in alignment with the internal reporting process. The ...
MoneyLion Inc. (ML) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-03-18 23:06
MoneyLion Inc. (ML) ended the recent trading session at $87.61, demonstrating a +0.59% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 1.07% for the day. Meanwhile, the Dow experienced a drop of 0.62%, and the technology-dominated Nasdaq saw a decrease of 1.71%.Coming into today, shares of the company had lost 0.18% in the past month. In that same time, the Business Services sector lost 9.45%, while the S&P 500 lost 7.03%.The upcoming earnings release ...