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AMD announces $6 billion buyback; shares climb 8%
CNBC· 2025-05-14 13:41
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019.AMD said on Wednesday that its board of directors approved $6 billion in share buybacks. The stock climbed 6%.The authorization is in addition to $4 billion in existing approved share repurchases, the company said."Our expanded share repurchase program reflects the Board's confidence in AMD's strategic direction, growth prospects, and ability to consisten ...
Wireless Ronin Technologies Inc. (CREX) Surpasses Q1 Earnings Estimates
ZACKS· 2025-05-14 13:40
Wireless Ronin Technologies Inc. (CREX) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of a loss of $0.12 per share. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 366.67%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.27, delivering a surprise of -145.45%.Over the last four ...
Alcoa Corporation (AA) Presents at Bank of America Global Metals, Mining and Steel Conference (Transcript)
Seeking Alpha· 2025-05-14 13:40
Alcoa Corporation (NYSE:AA) Bank of America Global Metals, Mining and Steel Conference May 14, 2025 5:15 AM ET Company Participants Molly Beerman - Executive Vice President & Chief Financial Officer Conference Call Participants Lawson Winder - Bank of America Lawson Winder Welcome everybody. I'm excited to have with me here today from Alcoa Molly Beerman, who's been the CFO now for well over a year. And I think it's always interesting to have somebody that's newer to a company because we tend to get a bit o ...
DuPont Unveils Brand Identity for Qnity, Future Electronics Spin-Off
Prnewswire· 2025-05-14 13:40
Qnity™ Branding Symbolizes the Power of Innovation and PartnershipWILMINGTON, Del., May 14, 2025 /PRNewswire/ -- DuPont (NYSE: DD) today unveiled the branding of Qnity, the planned independent Electronics public company that will be created through the intended spin-off of its Electronics business*. As a pure-play electronics materials company, Qnity will be one of the largest and broadest solutions providers to the semiconductor and electronics industries enabling advanced computing, smart technologies and ...
Endava PLC Sponsored ADR (DAVA) Q3 Earnings Surpass Estimates
ZACKS· 2025-05-14 13:36
Endava PLC Sponsored ADR (DAVA) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.16%. A quarter ago, it was expected that this company would post earnings of $0.32 per share when it actually produced earnings of $0.38, delivering a surprise of 18.75%.Over the last four quarters, the ...
Arcos Dorados (ARCO) Lags Q1 Earnings Estimates
ZACKS· 2025-05-14 13:36
Arcos Dorados (ARCO) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -46.15%. A quarter ago, it was expected that this restaurant owner would post earnings of $0.22 per share when it actually produced earnings of $0.28, delivering a surprise of 27.27%.Over the last four quarters, the ...
These Analysts Slash Their Forecasts On UnitedHealth
Benzinga· 2025-05-14 13:35
Core Viewpoint - UnitedHealth Group Inc announced the resignation of CEO Andrew Witty, with Stephen Hemsley set to succeed him, while the company suspended its 2025 outlook due to accelerating care activity [1]. Group 1: Leadership Changes - CEO Andrew Witty will resign for personal reasons, and Stephen Hemsley, who previously served as CEO from 2006 to 2017, will take over the role [1]. - Witty will transition to a senior adviser position to the new CEO, while Hemsley will continue as chairman of the board [1]. Group 2: Financial Performance - UnitedHealth reported adjusted EPS of $7.20 for April, an increase from $6.91 year-over-year, but below the consensus estimate of $7.29 [3]. - Revenues rose by 6.8% year-over-year to $109.6 billion, also missing the consensus of $111.60 billion [3]. - Following the announcement, UNH shares increased by 2.7%, trading at $319.78 [3]. Group 3: Future Outlook - The company noted that it expects to return to growth in 2026, while also indicating that medical costs for many new Medicare Advantage beneficiaries were higher than anticipated [2]. - UnitedHealth has broadened its benefit offerings compared to the first quarter [2]. - The company has suspended its 2025 outlook due to the acceleration in care activity [1]. Group 4: Analyst Ratings and Price Targets - Keybanc analyst Matthew Gillmor maintained an Overweight rating on UnitedHealth but lowered the price target from $575 to $450 [7]. - Baird analyst Michael Ha also maintained an Outperform rating while reducing the price target from $510 to $356 [7].
Advanced LiDAR Technology Being Used to Enhance Vegetation Management Across FirstEnergy's Footprint
Prnewswire· 2025-05-14 13:35
AKRON, Ohio, May 14, 2025 /PRNewswire/ -- Advanced Light Detection and Ranging (LiDAR) technology has been deployed across FirstEnergy Corp.'s (NYSE: FE) service area to more effectively manage hard-to-reach trees and vegetation along 7,100 miles of high-voltage power lines. The work began this month and will continue through the fall. LiDAR data is gathered along FirstEnergy transmission rights-of-way by a helicopter with equipment provided by GeoDigital International, Inc. LiDAR inspections are condu ...
Neonode Reports Quarter Ended March 31, 2025 Financial Results
Prnewswire· 2025-05-14 13:34
STOCKHOLM, May 14, 2025 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today reported financial results for the three months ended March 31, 2025.FINANCIAL SUMMARY FOR THE QUARTER ENDED MARCH 31, 2025: Revenues from continuing operations of $0.5 million, a decrease of 37.0% compared to the same period in the prior year. Operating expenses from continuing operations of $2.5 million, a decrease of 8.0% compared to the same period in the prior year. Loss from continuing operations of ...
The Gap: Turnaround Progress Matters More Than Industry Turmoil
Seeking Alpha· 2025-05-14 13:32
The Gap, Inc. (NYSE: GAP ) is looking to report the apparel company’s fiscal Q1 results for the February-April period on the 29 th of May after market close. The quarter is set toI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, mos ...