Workflow
FNB Adds Business Platform to eStore® Common Application
Prnewswire· 2025-07-24 19:00
Consumers and Small Businesses Now Able to Apply for More Than 40 Banking Products Simultaneously with One Universal ProcessPITTSBURGH, July 24, 2025 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) and its banking subsidiary, First National Bank, today announced the addition of business deposit products to the eStore® Common application (Common app). Customers can now use one universal application for both business and personal bank accounts — affirming the Company's leadership in digital innovation that is ...
Nebius Q2: A Moment Of Caution (Downgrade)
Seeking Alpha· 2025-07-24 19:00
Nebius Group N.V. (NASDAQ: NBIS ) is estimated to release its Q2 earnings on July 28 (this is unconfirmed by the company), and for a highly volatile stock it might be reasonable toComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now I feel very confident in my investment decisions. My h ...
Webull to Release Second Quarter 2025 Results on August 28, 2025
Prnewswire· 2025-07-24 19:00
ST PETERSBURG, Fla., July 24, 2025 /PRNewswire/ -- Webull Corporation (NASDAQ: BULL) today announced that it will release its second quarter 2025 earnings results after market close on August 28, 2025.  The management team will host a conference call to discuss the Company's results at 5:00 p.m. ET on that day, August 28.Investors may access the conference call and accompanying presentation on the Company's website at www.webullcorp.com/investor-relations. For those unable to listen to the conference call, ...
IQST - IQSTEL Issues Strategic Shareholder Letter Highlighting NASDAQ Uplisting, $400M Run Rate, and $1 Billion Revenue Vision
Prnewswire· 2025-07-24 18:58
NEW YORK, July 24, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a leading provider of telecom, fintech, AI, and cybersecurity services, today released a comprehensive shareholder letter recapping a recent investor interview conducted by Michael Poarch with the company's CEO and CFO. The letter outlines key milestones including the company's NASDAQ uplisting without raising funds, strong revenue trajectory approaching a $400 million annual run rate, active EBITDA generation, recent acquisitions, and its ...
Wabtec Q2 Earnings Beat Estimates, Revenues Lag, 2025 View Up
ZACKS· 2025-07-24 18:55
Core Insights - Westinghouse Air Brake Technologies Corporation (WAB) reported Q2 2025 earnings per share (EPS) of $2.27, exceeding the Zacks Consensus Estimate of $2.18, marking a 15.8% year-over-year increase driven by higher sales, operating margin expansion, and share repurchases [1][9] - Revenues for the quarter were $2.71 billion, falling short of the Zacks Consensus Estimate of $2.77 billion, but reflecting a 2.3% year-over-year growth due to increased sales in the Transit segment, offset by lower Equipment sales [2][9] Financial Performance - WAB raised its 2025 adjusted EPS guidance to a range of $8.55 to $9.15 from the previous range of $8.35 to $8.95, supported by strong first-half performance, mergers and acquisitions, and prudent cost management [3] - The company also increased its 2025 revenue guidance to $10.925 billion to $11.225 billion from $10.725 billion to $11.025 billion, primarily due to the acquisition of Evident Inspection Technologies Division [4] Segment Performance - The Freight segment reported net sales of $1.91 billion, a slight decline of 0.1% year-over-year, impacted by lower locomotive deliveries due to a supplied part issue, although service sales increased by 6% [5][6] - The Transit segment saw net sales grow by 8.7% year-over-year to $787 million, with an adjusted operating margin increase to 15.2% from 12.7% in the same quarter of 2024 [6] Operational Details - Total operating expenses rose by $22 million year-over-year to $466 million, with the operating ratio increasing to 17.2% from 16.8% [7] - WAB ended the quarter with cash and cash equivalents of $1.49 billion, a significant increase from $698 million at the end of the previous quarter, while long-term debt rose to $4.78 billion from $3.50 billion [7] Shareholder Returns - During the quarter, WAB paid $44 million in dividends and repurchased shares worth $50 million [8]
How's MELI Using Argentina's Economic Recovery to Fuel its Growth?
ZACKS· 2025-07-24 18:55
Core Insights - MercadoLibre (MELI) is optimistic about Argentina's economic recovery, with analysts forecasting strong GDP growth in 2025 and 2026 as reforms take effect [1] - The company is strategically expanding its operations in Argentina, focusing on cross-border trade and enhancing its marketplace, particularly in the supermarket category [2] - MELI's financial arm, Mercado Pago, plans to apply for a banking license to establish the largest digital bank in Argentina and will start issuing credit cards in the second half of the year [3] Financial Performance - Argentina's revenues for MELI increased from $615 million (14.2% of total revenues) in Q1 2024 to $1.38 billion (23.3% of total revenues) in Q1 2025, more than doubling year-over-year [4] - The Zacks Consensus Estimate for second-quarter 2025 Argentina revenues is projected at $1.46 billion [4] Competitive Landscape - MercadoLibre faces competition from Amazon, which has introduced flat-rate and free shipping to Argentina, and DLocal, which plans to invest up to $100 million in the country [5][6] Stock Performance and Valuation - MELI shares have gained 40.8% year-to-date, outperforming the Zacks Internet-Commerce industry and the Zacks Retail-Wholesale sector [7] - The stock is currently trading at a forward 12-month Price/Sales ratio of 3.87X, compared to the industry's 2.17X [10] - The Zacks Consensus Estimate for second-quarter 2025 earnings is $12.01 per share, indicating a 14.60% year-over-year growth [12]
Bull Signal Flashing For Struggling Footwear Name
Forbes· 2025-07-24 18:55
Core Viewpoint - On Holding (ONON) is experiencing volatility, currently trading at $49.94, down 3.2% in the afternoon, with an 8.5% year-to-date deficit, but historical patterns suggest potential for recovery [1] Group 1: Stock Performance - Since mid-June, ONON has faced resistance at $55, limiting breakout attempts and contributing to its year-to-date underperformance [1] - Historical data indicates that after similar market conditions, ONON has increased in value 75% of the time, averaging a 10.6% gain one month later [2] Group 2: Technical Indicators - ONON is currently within one standard deviation of the 80-day moving average, having spent 80% of the past two months above this average [2] - The stock's recent trading behavior suggests a potential upward movement if the historical trend continues [2] Group 3: Market Sentiment - Options traders exhibit extreme bearish sentiment, with a put/call open interest ratio of 1.66, placing it in the 99th percentile of the past year [4] - A reversal of this bearish sentiment could provide additional support for ONON's stock price [4]
5 P&C Insurance Stocks to Watch Amid Increased Digitalization
ZACKS· 2025-07-24 18:50
Industry Overview - The Zacks Property and Casualty Insurance (P&C) industry is expected to benefit from improved pricing, prudent underwriting, and exposure growth despite an increase in catastrophic events [1] - The industry includes companies providing commercial and personal property insurance, casualty insurance products, and services, with premiums being the primary revenue source [3] - The industry is currently facing a decline in pricing after several years of increases, with three interest rate cuts last year and potential further cuts this year [2] Trends and Projections - Global commercial insurance rates fell by 4% in Q2, but personal auto insurance is projected to remain strong, supported by better investment returns and reduced claims [4] - Deloitte estimates gross premiums to grow sixfold to $722 billion by 2030, with China and North America accounting for over two-thirds of the total [4] - Swiss Re predicts premium growth of 5% in 2025 and 4% in 2026 [4] Catastrophe Impact - The industry is vulnerable to catastrophe events, which can negatively impact underwriting profits; the 2025 hurricane season is expected to be above normal with 23 named storms [5] - Global insured losses from natural disasters in the first half of 2025 are estimated to be at least $100 billion [5] - The combined ratio is expected to improve from 2023 to 98.5% in 2025 but may deteriorate to 99% in 2026 [5] Mergers and Acquisitions - Consolidation in the P&C industry is anticipated to continue as companies seek to diversify operations and gain market share [6] Technology Adoption - The industry is increasingly adopting technologies such as blockchain, artificial intelligence, and advanced analytics to enhance operations and reduce costs [8] - Insurtechs are emerging, focusing on the P&C insurance sector, with significant investments in technology expected to improve efficiency [8] Industry Performance - The Zacks Property and Casualty Insurance industry ranks 92, placing it in the top 38% of over 250 Zacks industries, indicating positive near-term prospects [9] - The industry has underperformed compared to its sector and the S&P 500, with a year-to-date increase of 4.7% compared to 9.8% for the sector and 6.9% for the S&P 500 [11] Valuation Metrics - The industry is currently trading at a trailing 12-month price-to-book (P/B) ratio of 1.53X, compared to the S&P 500's 8.5X and the sector's 4.27X [13] Company Highlights - Progressive Corporation is a major auto insurer with a Zacks Rank 2, expected to see 23.4% year-over-year earnings growth in 2025 [17][18] - Berkshire Hathaway, with a Zacks Rank 3, continues to benefit from its diverse operations and is expected to see a 5% increase in earnings for 2026 [21][23] - Chubb Limited, also a Zacks Rank 3, is focusing on middle-market businesses and cyber insurance, with an expected 18.9% growth in earnings for 2026 [25][26] - Travelers Companies, carrying a Zacks Rank 3, is well-positioned for growth with a projected 20.5% increase in earnings for 2026 [29][30] - Allstate, the third-largest P&C insurer, is expected to see earnings growth of 0.1% in 2025 and 22% in 2026, supported by rate increases and strategic acquisitions [32][33]
Mr. Cooper Q2 Earnings & Revenues Miss, Expenses Rise Y/Y
ZACKS· 2025-07-24 18:50
Core Viewpoint - Mr. Cooper Group Inc. reported second-quarter 2025 adjusted earnings per share of $3.13, missing the Zacks Consensus Estimate by 6%, but showing a year-over-year increase of 24.2% [1][9] - The company faced challenges due to rising expenses, although improvements in the Servicing and Originations segments provided some support [1][7] Revenue and Expenses - Total revenues for the second quarter rose 4.3% year over year to $608 million, but missed the consensus mark by 13.6% [2][9] - Total expenses increased by 10% year over year to $330 million [2] - Interest income grew by 14.8% year over year to $217 million, while interest expenses also rose by 16% to $217 million [2] Segment Performance - The Servicing segment reported a pre-tax operating income of $332 million, up 15.3% year over year, despite total revenues falling 4.8% to $434 million [3] - The Servicing portfolio increased by 25.1% year over year, surpassing $1.51 trillion [3] - The Originations segment's pre-tax operating income surged 68.4% year over year to $64 million, with total revenues rising 47.7% to $158 million [4] - Funded volume in the Originations segment increased significantly from $3.7 billion to $9.4 billion year over year [4] Financial Position - As of June 30, 2025, total assets were $18.5 billion, slightly up from $18.4 billion at the end of the first quarter [5] - Cash and cash equivalents were $783 million, a slight decrease from $784 million in the previous quarter [5] - Total liabilities decreased to $13.4 billion from $13.6 billion, while total shareholders' equity rose from $4.9 billion to $5.1 billion [6] Overall Assessment - The company ended the second quarter with declining net income and rising expenses, but the strength in the Originations and Servicing segments, along with a solid balance sheet, suggests potential for improvement in future financials [7]
SSP Expands Its Sports Line-Up: Is the Growth Thesis Strengthening?
ZACKS· 2025-07-24 18:50
Core Insights - The E.W. Scripps Company (SSP) is enhancing its sports strategy through national and local partnerships, focusing on leagues like the WNBA and NWSL, and introducing new events to maintain a year-round premium sports content lineup [1][9] Group 1: Sports Partnerships and Strategy - SSP has strengthened ties with teams such as the Las Vegas Aces and Florida Panthers, renewing its multi-year agreement with the WNBA and adding the Tampa Bay Lightning to its sports portfolio [2] - New properties like the SI Women's Games and the Fort Myers Tip-Off Women's College Basketball Tournament are set for the fourth quarter, ensuring continuous sports programming [1][9] Group 2: Financial Performance - In Q1 2025, Scripps Networks reported revenues of $198 million, accounting for 37.8% of total company revenues, with a segment margin of 32%, the highest since Q4 2022, driven by a 42% year-over-year increase in Connected TV revenues [3] - The demand for live sports programming, particularly from the WNBA and NWSL, has significantly contributed to this performance [3] Group 3: Competitive Landscape - SSP faces competition from Gray Media, which extended its partnership with the New Orleans Saints and formed a new partnership with the Carolina Panthers to broadcast games in Spanish [4] - Tegna has also expanded its agreement with the Indiana Fever, increasing the broadcast reach to 4.6 million households across 11 additional Midwest markets [5] Group 4: Stock Performance and Valuation - SSP shares have increased by 48.9% year-to-date, outperforming the Zacks Broadcast Radio and Television industry's growth of 25.4% and the Zacks Consumer Discretionary sector's return of 11.4% [6] - The stock is currently trading at a forward 12-month Price/Sales ratio of 0.13X, significantly lower than the industry's 4.48X, indicating a strong value position [10]