Federal Realty Unlocks Value, Sells Levare Apartments at Santana Row
ZACKS· 2025-05-15 16:15
Federal Realty Investment Trust (FRT) has announced the sale of Levare, a 108-unit residential building within Santana Row, San Jose, CA, for $74 million to unlock value and deploy capital in long-term accretive investments.Delivered in 2011, Levare, a high-quality multifamily asset, has played a significant role in the evolution of Santana Row. The property was 95% leased at the time of sale.Spanning 2.5 million square feet across retail, office, residential and hotel uses in San Jose, CA, Santana Row is a ...
General Dynamics Wins a $217M Contract to Support DDG-51 Warships
ZACKS· 2025-05-15 16:15
General Dynamics Corp.’s (GD) business unit, Bath Iron Works, recently clinched a modification contract to provide planning yard support for the DDG 51 warships. The award has been offered by the Supervisor of Shipbuilding, Conversion, and Repair, Bath, ME.Valued at $216.5 million, this contract is expected to be completed by July 31, 2026. The work related to this deal will be carried out in Bath, ME.What’s Favoring GD Stock?Heightened geopolitical tensions worldwide and the resultant need for enhanced mar ...
Lumen Technologies, Inc. (LUMN) Annual JPMorgan Global Technology, Media and Communications Conference (Transcript)
Seeking Alpha· 2025-05-15 16:13
Lumen Technologies, Inc. (NYSE:LUMN) Annual JPMorgan Global Technology, Media and Communications Conference Call May 15, 2025 8:40 AM ET Company Participants Chris Stansbury - Executive Vice President and Chief Financial Officer Conference Call Participants Sebastiano Petti - JPMorgan Chase & Co. Sebastiano Petti Good morning, everyone. I'm Sebastiano Petti, and I cover the telecom, cable and satellite space at JPMorgan. I'd like to welcome Chris Stansbury, CFO of Lumen Technologies. Chris, thanks for being ...
Cisco: Low Growth Despite AI Infrastructure Opportunities
Seeking Alpha· 2025-05-15 16:11
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Cisco Systems, Inc. (NASDAQ: CSCO ) reported Q3 2025 earnings that beat Wall Street estimates on revenues and earnings per share. I used to own a small number of shares in Cisco, and the stock had done wellDhierin runs the investing group The Aeros ...
Mark Heine, CEO and Chairman of Fugro, Presented with the 2025 Holland on the Hill Freddy Heineken Award
GlobeNewswire News Room· 2025-05-15 16:10
Washington, D.C., May 15, 2025 (GLOBE NEWSWIRE) -- Mr. Mark Heine, the CEO and Chairman of the Board of Fugro, is the recipient of the 2025 Holland on the Hill Freddy Heineken Award. The award is named for Freddy Heineken and honors an entrepreneur who has made a substantial impact to the economic ties between the Netherlands and the United States. The Holland on the Hill Freddy Heineken Award is co-organized by the Embassy of the Kingdom of the Netherlands, the U.S. Congressional Caucus of the Kingdom of ...
Xiao-I Corporation Announces Strong 2024 Results: Revenue Up 19% with Path to Profitability in 2025
Prnewswire· 2025-05-15 16:10
Profitability Roadmap: Efficiency and DisciplineSHANGHAI, May 15, 2025 /PRNewswire/ -- Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI), a global leader in artificial intelligence solutions, today announced selected audited financial results for the year 2024, highlighting approximately $70.31 million in revenue, representing a 18.8% year-over-year growth, a gross profit margin (GPM) improvement of 2 percentage points, and a significant narrowing of net loss to $14.55 million. These results pos ...
AES Stock Loses 41% in a Year: Should You Buy on the Dip?
ZACKS· 2025-05-15 16:06
AES Corporation’s (AES) shares are down 41% in a year against 8.4% growth delivered by its industry and 5.8% rise by its sector. The stock also underperformed the Zacks S&P 500 composite’s one-year return of 11.2%.Image Source: Zacks Investment ResearchOther industry players, such as CenterPoint Energy (CNP) and Consolidated Edison (ED) , however, have delivered a solid performance on the bourses. CNP and ED shares have risen 22.8% and 2.4%, respectively, over the past year.With AES staggering on the bourse ...
Kodiak Q1 Loss Wider Than Expected, Pipeline Development in Focus
ZACKS· 2025-05-15 16:06
Kodiak Sciences (KOD) incurred a loss of $1.09 per share in the first quarter of 2025, wider than the Zacks Consensus Estimate of a loss of 89 cents. The company had incurred a loss of 82 cents per share in the year-ago quarter.The company currently does not have any approved products in its portfolio. As a result, it is yet to generate revenues. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)KOD's Q1 Results in DetailResearch and development expenses were $43.6 million in the repo ...
1st Source Makes KBW Bank Honor Roll for 7th Consecutive Year
Newsfile· 2025-05-15 16:03
1st Source Makes KBW Bank Honor Roll for 7th Consecutive YearAmong 16 U.S. banks with the strongest/most consistent earnings growthMay 15, 2025 12:03 PM EDT | Source: 1st Source CorporationSouth Bend, Indiana--(Newsfile Corp. - May 15, 2025) - 1st Source (NASDAQ: SRCE) is pleased to announce that it made the annual Bank Honor Roll by Keefe, Bruyette & Woods, Inc. (KBW) for the seventh consecutive year. They are among just 16 U.S. Banks on the list, placing its long-term performance among the t ...
Mosaic Biosciences Unveils Biostimulant Product Neptunion in China
ZACKS· 2025-05-15 16:01
The Mosaic Company (MOS) recently announced the launch of its newest biostimulant product, Neptunion, in China. MOS has been redefining growth with its new product launch that is expected to help crops address abiotic pressures such as drought, salinity and heat by adding stress-resistant properties into water-soluble fertilizers.MOS Biosciences’product line offers sustainable ag technology to provide farmers with solutions to improve yields while minimizing environmental impacts. Neptunion will play a cruc ...