Elbit Systems Announces Underwritten Public Offering of 1,365,450 Shares
Prnewswire· 2025-05-21 21:49
Core Viewpoint - Elbit Systems Ltd. announced a public offering of 1,365,450 ordinary shares, all of which will be sold by the company, with a potential additional 15% option for underwriters [1][2][3] Group 1: Offering Details - The offering is made under an effective shelf registration statement on Form F-3 filed with the SEC on May 21, 2025, which became effective immediately [3] - The net proceeds from the offering will be used for general corporate purposes [1] - The ordinary shares are expected to be listed for trading on the Nasdaq Global Select Market [1] Group 2: Underwriters - BofA Securities, J.P. Morgan, Jefferies, and Morgan Stanley are engaged as joint book-running managers for the offering [2] Group 3: Company Overview - Elbit Systems is a leading global defense technology company, employing approximately 20,000 people across five continents [5][6] - The company reported revenues of $1.9 billion for the three months ended March 31, 2025, and has an order backlog of $23.1 billion as of that date [6]
Trump urged to make Musk, DOGE workers certify they won't use government data for personal benefit
CNBC· 2025-05-21 21:19
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC.Sen. Jeanne Shaheen urged President Donald Trump on Wednesday to require billionaire Elon Musk and special government employees of his DOGE project to certify before leaving government service that they cannot use for personal benefit any non-public government data they gained access to.Shaheen, ...
Award-Winning Designer Maryna Karpenko Honored for Shaping Consumer and B2B Experiences at Meta, Mattermost, Hily, and Wavechat
GlobeNewswire News Room· 2025-05-21 21:19
Image Courtesy of Maryna Karpenko SAN FRANCISCO, May 21, 2025 (GLOBE NEWSWIRE) -- Maryna Karpenko, an award-winning product designer and digital product leader whose previous work has reached millions of people worldwide, has joined Meta, where she helps shape the future of digital communication on a global scale. Some of Maryna’s top honors include the MUSE Creative Award, the Vega Digital Award, and the Davey Award. Previously, Maryna led the mobile messaging experience at Mattermost, an open-source plat ...
ZIONS BANCORPORATION TO PRESENT AT THE MORGAN STANLEY US FINANCIALS CONFERENCE
Prnewswire· 2025-05-21 21:16
SALT LAKE CITY, May 21, 2025 /PRNewswire/ -- Scott McLean, President and COO of Zions Bancorporation, N.A. (NASDAQ: ZION), will present at the Morgan Stanley US Financials Conference on Tuesday, June 10th at 12:15 pm Eastern. An audio webcast of the session may be accessed on the Zions Bancorporation website, zionsbancorporation.com. A replay will also be made available following the event.Zions Bancorporation, N.A. is one of the nation's premier financial services companies with approximately $89 billion ...
TJX Companies: The Quiet Retail 20-Bagger Stock
ZACKS· 2025-05-21 21:06
Core Insights - TJX Companies reported fiscal Q1 2026 earnings with EPS of $0.92 and revenue of $13.1 billion, exceeding expectations [1] - Comparable store sales increased by 3%, aligning with the higher end of projections, while pretax margins reached 10.3% [1] - The company returned $1 billion to shareholders through share repurchases and dividends during the quarter [1] Company Performance - TJX has demonstrated consistent long-term stock performance, compounding at an annual rate of 16.7% over the last two decades [2] - The stock has significantly outperformed competitors in the discount retail sector [2] - Despite a slight decline in shares post-earnings, TJX maintains a Zacks Rank 2 (Buy) rating, indicating positive earnings estimate revisions [3] Financial Metrics - TJX's annual EPS has grown from $0.06 in 1996 to $4.26 today, showcasing steady earnings growth [5] - The company has reduced shares outstanding by 60% since 1998, reflecting a commitment to returning cash to shareholders [6] - TJX's median earnings multiple has increased from approximately 19x to 24.4x, with current trading at a premium valuation of 30.4x [6] Industry Comparison - TJX's earnings growth forecast is currently at 9.1% annually over the next three to five years, which is modest compared to competitors [7] - Costco has a similar growth forecast of 9.4% but trades at a higher valuation of 57.7x forward earnings [8] - Burlington Stores offers the highest projected earnings growth at 14.5% annually, trading at 29.2x forward earnings, presenting a compelling growth/value trade-off [9] Investment Considerations - For long-term investors, TJX remains a reliable retail name with a disciplined capital return strategy and effective business model [10] - Burlington Stores may be a more attractive option for those seeking stronger near-term earnings growth [11] - TJX is considered a textbook compounder, making it a worthy consideration for a diversified portfolio [11]
Why UnitedHealth Stock Sank Again Today
The Motley Fool· 2025-05-21 20:59
Shares of UnitedHealth Group (UNH -5.75%) plummeted again on Wednesday. The company's stock is down 5.8% as of market close, while the S&P 500 (^GSPC -1.61%) and the Nasdaq Composite (^IXIC -1.41%) lost 1.6% and 1.4%, respectively.The troubled health insurance giant is facing a new damaging report claiming it made secret payments to nursing homes in order to cut costs.UnitedHealth allegedly paid nursing homes to reduce hospital staysThe Guardian is reporting that UnitedHealth made secret bonus payments to n ...
Nebius: Don't Let Greed Kick In - Sell The +90% Rally
Seeking Alpha· 2025-05-21 20:56
Don’t just invest—dominate with Tech Contrarians' realized return on closed positions of 65.8% since inception. You’ll get exclusive insights into high-focus stocks, curated watchlists, one-on-one portfolio consultations, and everything from live portfolio tracking to earnings updates on 50+ companies. Subscribe today for 20% off.Nebius Group N.V. (NASDAQ: NBIS ) reported Q1 2025 , and it’s really turning out to be a fan-favorite stock for the retail investors, with 47% of retail investors holding, which ma ...
Why Essential Properties Remains Superior To Well-Known REITs
Seeking Alpha· 2025-05-21 20:54
I’ve covered Essential Properties Realty Trust (NYSE: EPRT ) several times before, and it was the second article I wrote on Seeking Alpha. That was in September 2021. Now, some 4 years later, a lot has happened. High inflation and high interestI'm a passionate investor from the Netherlands with 12 years of stock market experience. My articles usually contain a good overview of important investment criteria. A stock for my portfolio is of interest to me if the company has the following characteristics:1. Com ...
NASDAQ Index, SP500, Dow Jones Forecasts – Rising Yields Challenge Key Technical Support Across Major Indexes
FX Empire· 2025-05-21 20:46
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
First Horizon Marks 15 Years of Teaching Kids to Save with Record Impact
Prnewswire· 2025-05-21 20:45
Associates Educate 8,900 Students during the 2025 programMEMPHIS, Tenn., May 21, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) is pleased to announced it served a record number of students through the American Bankers Association Foundation's Teach Children to Save program, equipping 8,900 children with hands-on financial education to build lifelong money management skills. As part of the nationwide initiative, associates taught lessons at schools and youth organizations throughout the company' ...