Core Insights - Peter Vardy Group has appointed James MacLeay as chief financial officer to facilitate its transition from automotive retail to a broader investment strategy focused on technology and mobility [1][3] - The group is shifting towards investment-led growth, emphasizing ventures like CarMoney, a digital car finance platform, and other technology-driven businesses in areas such as artificial intelligence, electric vehicles, and software-as-a-service [3][5] Company Strategy - The appointment of MacLeay is part of a strategic shift to expand the group's portfolio and invest in high-growth ventures that transform mobility access and financing [3][5] - Chief executive Peter Vardy highlighted the importance of creating businesses that deliver value, opportunity, and impact, reflecting a broader industry trend [5] Social Impact - The group continues to reinvest profits into its charitable initiatives, including the Peter Vardy Foundation and the Gen+ education initiative, which has supported over 40,000 young people in Scotland [4]

By LIVE S&P 500 Rises After Strong Earnings Last Updated: 13 min ago Stocks Are Rising on the Back of Strong Earnings Memberships Subscribe to Barron's Tools Customer Service Customer Center Connor Smith Stocks were rising to start the month of November, as strong earnings continued to propel the major indexes. The S&P 500 was up 0.5%. The Dow Jones Industrial Average was up 14 points, or essentially flat. The Nasdaq Composite rose 1%. The yield on the 2-year Treasury note was up to 3.62%. The 10-year yield ...

Pinnacle West Capital reported a rise in third-quarter profit on Monday, boosted by rising power demand due to scorching summer heat, lower operations and maintenance costs, and customer additions. ...

American Express (Amex) has built its business and brand on exclusivity and premium service, attracting affluent customers with its perks and reputation for reliability.In its fiscal third quarter (ended June 28), Apple's total revenue, iPhone revenue, and earnings per share (EPS) reached record highs for the period, and its services revenue set a new all-time high. Despite its current underwhelming performance, Apple remains a buy.That said, Apple is still the king of consumer tech hardware, and it has the ...

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About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY #ASH2025--Incyte Announces More than 50 Abstracts Accepted for Presentation at the 2025 ASH Annual Meeting. ...

Christopher Moreau isn’t shy about his ambitions. The CEO of Algernon Health (CSE:AGN, OTCQB:AGNPF) wants to build a network of neuroimaging centers across North America, clinics that could help detect Alzheimer’s disease earlier, faster, safer, and more comfortably than ever before. The Vancouver-based company is aiming to open its first dedicated brain imaging center in the US by spring, according to its CEO. “There’s a massive need,” Moreau told Proactive. Algernon Health, a rebranded version of Algernon ...

Core Insights - The company reported a strong third quarter with adjusted EPS of $0.81, a 2% increase from the previous year, driven by higher volume and gross margin results [4] - Cash flow from operations increased by 19.6% year-over-year to $435.5 million, and the company repurchased $300 million in shares, totaling $600 million year-to-date [1][9] - The outlook for reported sales growth for the year has been revised to approximately 1.5%, up from a previous estimate of 1.0% [6] Financial Performance - The adjusted tax rate decreased to 21.6% from 23.3% year-over-year, with an expected adjusted effective tax rate of 22.5% for the year [1] - Reported revenue increased by 5%, with organic sales up 3.4%, indicating broad-based growth across global markets [4] - Adjusted SG&A expenses increased by 20 basis points year-over-year, while marketing expenses as a percentage of sales rose to 12.8% [3] Strategic Initiatives - The company has made strategic choices to exit certain brands and has successfully acquired Touchland, which is performing better than expected [9] - Marketing investments are set to increase due to a stronger sales and gross margin outlook, with a target to exceed 11% of net sales for the year [6][7] - The company expects to maintain a focus on M&A opportunities while balancing share repurchases [17] Outlook and Guidance - For the fourth quarter, the company anticipates reported sales growth of approximately 0.5% and organic sales growth of about 1.5%, with a noted decline in sales from discontinued product lines [7][8] - The adjusted EPS for Q4 is expected to be $0.83, reflecting a 0.8% increase compared to the previous year [8] - The full-year gross margin is now expected to contract by only 40 basis points versus 2024, an improvement from earlier forecasts [6]

that Kevin Hanks is with me live at the CBOE with our pre-bell playbook. It's good to see you, Kevin, on this Monday morning. Here we go.New month. Uh we did have a winning October. Some of your thoughts on the big picture.>> Good morning, Nicole. Yeah, another week, another 135 names in the S&P coming out with earnings, another 25 in the NASDAQ. We will get a small amount of economic data this week.Today we'll get ISM and PMI manufacturing at 9:45 and 10:00 Eastern. Uh we will we'll get ADP on Wednesday. S ...