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Press Release - Amundi announces it has acquired 4.6% of ICG's share capital
Globenewswire· 2025-11-19 06:06
Press release Amundi announces it has acquired 4.6% of ICG’s share capital Paris, 19 November 2025 - Amundi announces it has acquired 4.64% of ICG’s share capital in a structured transaction, pursuant to the long-term strategic and equity partnership announced by Amundi and ICG. As part of this partnership, Amundi intends to acquire a total economic interest of 9.9% in ICG1. About Amundi Amundi, the leading European asset manager, ranking among the top 10 global players2, offers its 200 million clients - r ...
Wix Reports Third Quarter 2025 Results
Globenewswire· 2025-11-19 06:00
Core Insights - Wix.com Ltd. reported a 14% year-over-year growth in total bookings and revenue for Q3 2025, driven by strong performance in Creative Subscriptions and Business Solutions [4][5][9] - The company is optimistic about its future growth, particularly with the introduction of Base44, an AI-driven platform that is expected to significantly contribute to revenue in 2026 and beyond [2][4][11] Financial Performance - Total revenue for Q3 2025 was $505.2 million, reflecting a 14% increase compared to the same quarter last year [5][22] - Creative Subscriptions revenue reached $356.2 million, up 12% year-over-year, while Business Solutions revenue increased by 18% to $149.0 million [5][22] - Total bookings for Q3 2025 were $514.5 million, also up 14% year-over-year [5][29] Key Metrics - Creative Subscriptions Annualized Recurring Revenue (ARR) increased to $1.457 billion, marking an 11% year-over-year growth [5][19] - The company achieved a total gross margin of 68% on a GAAP basis, with Creative Subscriptions gross margin at 83% [5][22] - Non-GAAP net income for Q3 2025 was $100.2 million, translating to $1.80 per basic share [5][22] Strategic Outlook - Wix raised its full-year bookings outlook to between $2,060 million and $2,078 million, reflecting a growth expectation of 13-14% year-over-year [9][10] - The revenue outlook for the full year has also been updated to $1,990 million to $2,000 million, indicating a similar growth rate [10][11] - The company plans to accelerate marketing investments in Base44 to capture stronger-than-anticipated demand [9][11] Market Position - Wix's market share has grown from low-single digits to over 10% since June 2025, indicating a strong competitive position in the AI application builder market [2][4] - Base44 has quickly gained traction, serving over 2 million users and adding more than 1,000 new paying subscribers daily [4][5]
Bond Markets Have Europe's Biggest Economies in a Bind. Why It's a Warning for Trump.
Barrons· 2025-11-19 06:00
The U.K. government has been struggling to plug a fiscal hole, shying away from both tax hikes and spending cuts. ...
European Commission approves Roche's Lunsumio subcutaneous for relapsed or refractory follicular lymphoma
Globenewswire· 2025-11-19 06:00
Lunsumio provides high rates of deep and long-lasting responses in third-line and later follicular lymphoma, a disease that typically becomes harder to treat each time a patient relapses1,2Lunsumio subcutaneous offers a new treatment option that can significantly reduce administration time to approximately one minuteAvailability of Lunsumio SC allows patients to receive treatment aligned to clinical requirements and lifestyle preferences Basel, 19 November 2025 - Roche (SIX: RO, ROG; OTCQX: RHHBY) announced ...
Nasdaq Tumbles Over 1% Ahead Of Nvidia Earnings: Fear & Greed Index In 'Extreme Fear' Zone
Benzinga· 2025-11-19 05:58
The CNN Money Fear and Greed index showed a further increase in the overall fear level, while the index remained in the “Extreme Fear” zone on Tuesday.U.S. stocks settled lower on Tuesday, with the Nasdaq Composite dipping more than 1% during the session ahead of Nvidia Corp. (NASDAQ:NVDA) ‘s highly anticipated earnings report on Wednesday.Adding to the uncertainty, federal agencies are expected to release delayed key economic indicators later this week—numbers that may affect expectations for Federal Reser ...
India's Adani Enterprises wins creditor nod for $1.53 bn takeover plan for Jaiprakash Associates, sources say
MINT· 2025-11-19 05:35
Core Viewpoint - Creditors of Jaiprakash Associates have unanimously supported Adani Enterprises' takeover proposal of 135 billion rupees ($1.53 billion) over Vedanta's higher bid of 170 billion rupees due to larger upfront payments preferred by stakeholders [1][3]. Group 1: Bidding Process - Other bidders for Jaiprakash Associates included Dalmia Bharat, Jindal Power, and PNC Infratech, while the controlling shareholder Manoj Gaur submitted a last-minute bid that was later withdrawn [2]. - The insolvency proceedings for Jaiprakash Associates, which owes creditors 550 billion rupees, were initiated under India's bankruptcy laws last June, marking it as one of the largest ongoing bankruptcy cases in the country [2]. Group 2: Creditor Preferences - Vedanta's bid proposed a five-year payment timeline, which was significantly longer than the 1.5-2 years proposed by Adani, influencing creditor preferences [3]. - The committee of creditors is expected to reaffirm the decision in favor of Adani and submit it to the National Company Law Tribunal (NCLT) for final approval [3]. Group 3: Claimants and Resolution Process - The National Asset Reconstruction Company (NARCL), which acquired Jaiprakash's loans from a consortium led by State Bank of India, is the leading claimant in the ongoing resolution process [4].
Hartford Municipal Opportunities ETF Q3 2025 Commentary (NYSEARCA:HMOP)
Seeking Alpha· 2025-11-19 05:35
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Faraday Future Engages Heath Shuler, Former U.S. Representative for North Carolina's 11th Congressional District and Former Professional American Football Player as a Strategic Advisor
Globenewswire· 2025-11-19 05:20
Core Insights - Faraday Future has appointed Heath Shuler as a strategic advisor to enhance government affairs and provide counsel on legislative and regulatory matters [1][5][6] Group 1: Appointment and Role - Heath Shuler, a former U.S. Representative and NFL player, joins Faraday Future as one of three strategic advisors [1][4] - Shuler will focus on government relations, particularly on trade, tariffs, and sector-specific policy issues [5][6] - The advisory team also includes Chris Nixon Cox and Shahryar Oveissi, who will assist in global partnerships and capital market strategies [1][6] Group 2: Strategic Importance - Shuler's expertise is expected to enhance Faraday Future's credibility in Washington, D.C., and help establish its presence among key regulatory stakeholders [5][6] - The advisory team aims to secure favorable policy outcomes and build bipartisan alliances to advance the company's priorities [6] Group 3: Company Overview - Faraday Future is a California-based company focused on creating a shared intelligent electric mobility ecosystem [7] - The company's flagship model, the FF91, represents its vision for luxury and innovation in the automotive industry [7] - Faraday Future aims to disrupt the automotive sector with a technology-first approach and plans to introduce mass production models targeting a broader market [7]
Rose's Income Garden Portfolio: 8 High-Yield Preferred Investments
Seeking Alpha· 2025-11-19 05:19
Core Insights - Macro Trading Factory is a macro-driven service managed by experienced investment managers aiming to outperform the SPY on a risk-adjusted basis through two portfolios: "Funds Macro Portfolio" and "Rose's Income Garden" [1] - The service is designed for individuals with limited time, knowledge, or desire to manage their own portfolios, providing a simple yet risk-oriented market exposure [1] Portfolio Offerings - The two portfolios offered by Macro Trading Factory span across all sectors, providing a hassle-free and easy-to-understand investment solution [2] - Both portfolios are structured to deliver performance in a relaxed manner, catering to different investor needs [1][2] Market Positioning - Macro Trading Factory positions itself for an upward trajectory, indicating a positive outlook for its investment strategies [3]
Brookfield Is Raising $10 Billion for New AI Infrastructure Fund
WSJ· 2025-11-19 05:01
Core Insights - The article highlights that notable investors in the company include Nvidia and the Kuwait Investment Authority [1] Group 1 - The involvement of Nvidia indicates strong interest from a leading technology firm, which may enhance the company's credibility and market position [1] - The Kuwait Investment Authority's participation reflects confidence from sovereign wealth funds, suggesting potential for long-term growth and stability [1]