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LOEWS CORPORATION REPORTS NET INCOME OF $369 MILLION FOR THE SECOND QUARTER OF 2024
Prnewswire· 2024-07-29 10:00
Book value per share excluding AOCI 85.42 81.92 Three months ended June 30, 2024 compared to 2023 CNA: Net income attributable to Loews Corporation improved 14% to $291 million from $255 million. Core income increased 6% to $326 million from $308 million. Net investment income increased due to higher income from fixed income securities as a result of favorable reinvestment rates and a larger invested asset base and favorable returns from limited partnerships. Net written premiums grew by 6% driven by strong ...
Cloudflare (NET) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2024-07-26 22:56
Shares of the web security and content delivery company have depreciated by 4.58% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.32% and lagging the S&P 500's loss of 1.16%. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Cloudflare. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business per ...
Cloudflare (NET) Flat As Market Gains: What You Should Know
ZACKS· 2024-07-22 23:06
Shares of the web security and content delivery company have appreciated by 0.92% over the course of the past month, outperforming the Computer and Technology sector's loss of 4.77% and the S&P 500's gain of 0.43%. Investors should also note any recent changes to analyst estimates for Cloudflare. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. Looking at it ...
NET Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages Cloudflare, Inc. (NYSE: NET) Investors to Contact the Firm
Prnewswire· 2024-07-21 23:30
RADNOR, Pa., July 21, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Cloudflare, Inc. (NYSE: NET) ("Cloudflare"). If you are a Cloudflare investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270- 1453 or E-mail at [email protected]. You c ...
Cloudflare (NET) Up 6% in a Month: How Should You Play Now?
ZACKS· 2024-07-17 14:31
Cloudflare, Inc. (NET) has experienced a notable rise recently, with shares climbing 6.2% over the past month. This upward trend adds to an intriguing year-to-date (YTD) journey marked by significant volatility. Cloudflare's share price took a major hit after the company announced during its first-quarter 2024 earnings release that macroeconomic headwinds were hurting its sales growth. Following the quarterly results, NET stock plunged more than 16% on May 3. Despite this, the recent surge has renewed inves ...
Better Tech Stock: Cloudflare vs. VeriSign
The Motley Fool· 2024-07-14 09:19
VeriSign faces longer-term challenges From 2020 to 2023, VeriSign's revenue grew at a steady compound annual growth rate (CAGR) of 6% as its EPS increased at a CAGR of 4%. Analysts expect its revenue and earnings to grow 5% and 1%, respectively, this year. Those growth rates seem stable, and its stock seems reasonably valued at 22 times forward earnings. But VeriSign faces two longer-term challenges. First, it's been repeatedly criticized for its monopolization of the .com and .net domains. Earlier this yea ...
HIGHWAY HOLDINGS RESTATES UNAUDITED FINANCIAL STATEMENTS FOR 3 AND 9 MONTHS ENDED DECEMBER 31, 2023 RESULTING IN HIGHER NET INCOME FOR BOTH PERIODS
Prnewswire· 2024-07-12 10:00
Today's announcement reiterates Highway Holdings' continued commitment to improve its practices and uphold the highest standards of financial reporting. Except for the historical information contained herein, the matters discussed in this press release are forwardlooking statements, which involve risks and uncertainties, including but not limited to economic, competitive, governmental, political and technological factors affecting the company's revenues, operations, markets, products and prices, the impact ...
Global Cybersecurity Market Size Expected to Reach $298 Billion By 2028 as Cyber Threats Skyrocket
Newsfilter· 2024-07-09 14:15
MarketsAndMarkets continued: "The widespread adoption of cloud computing, known for its robust and flexible infrastructure, is creating significant opportunities in the cybersecurity market. Organizations are increasingly moving towards cloud solutions for easier data storage and access to powerful computing resources via the Internet. The shift enables effective management of applications and complex analytics. Additionally, the integration of the cloud with technologies like software-defined perimeters is ...
3 Smart Cybersecurity Stocks to Add to Your July Buy List
Investor Place· 2024-07-08 20:45
Spicing up the intensity, Zscaler has acquired Avalor and Airgap Networks, pushing the frontiers of AI-driven Zero Trust Security Access Service Edge (SASE). It didn't stop there, though, as it recently announced a partnership with the AI chip maker Nvidia (NASDAQ:NVDA). This alliance will bring Nvidia's advanced Gen AI technology into Zscaler's operations, notably enhancing the Zscaler Copilot platform. The improved Copilot will proactively identify and mitigate cyber risks, as well as optimize IT and netw ...
Cloudflare (NET) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-06-28 22:52
Cloudflare (NET) closed at $82.83 in the latest trading session, marking a +1.27% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.41% for the day. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq lost 0.71%. NET's full-year Zacks Consensus Estimates are calling for earnings of $0.62 per share and revenue of $1.65 billion. These results would represent year-over-year changes of +26.53% and +27.27%, respectively. Looking at its valuation, Cloudflare is hold ...