Sum Up The Pieces: IVE Could Be Worth $225
Nasdaq· 2025-09-15 10:06
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares S&P 500 Value ETF (Symbol: IVE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $225.03 per unit.With IVE trading at a recent price near $203.94 per unit, that means ...
Wall Street Strategists See Stock Rally Stalling on Fed Rate Cut
Yahoo Finance· 2025-09-15 10:05
Top Wall Street strategists said the record-setting US stock rally risks temporarily running out of steam after an expected Federal Reserve interest-rate cut this week. Strategists from Morgan Stanley, JPMorgan Chase & Co. and Oppenheimer Asset Management warned that a more cautious tone may replace the bullish mood as investors focus instead on a potential economic slowdown. Most Read from Bloomberg Expectations of Fed easing have provided much of the latest impetus for the S&P 500, which is near a re ...
Snowflake tops Fortune Future 50, new CFO highlights AI leadership
Fortune· 2025-09-15 10:03
Good morning. U.S. tech companies, particularly in software, have dominated the 2025 Fortune Future 50 list.Snowflake, a cloud-based data storage company, takes the top spot on the list released this morning, followed closely by data, analytics, and AI provider Databricks. Both companies are fueled by the rise of AI in business—their platforms enable organizations to unlock and activate their own data as the foundation for artificial intelligence. Rounding out the top five are Celonis, DataRobot, and Astera ...
Sprouts Healthy Communities Foundation Awards 550+ In-Store Donations in Single Day
Businesswire· 2025-09-15 10:03
PHOENIX--(BUSINESS WIRE)--The Sprouts Healthy Communities Foundation celebrated its Sprouting Healthy Communities Day, where all 450 Sprouts locations hosted live in-store check presentations, awarding $3.3 million in donations to over 550 local nonprofit partners and schools. "At Sprouts, caring for our community is one of our core values, and with the Sprouting Healthy Communities Day we saw that value in action,†said Dustin Hamilton, chief stores officer of Sprouts Farmers Market. "This in-. ...
QMSK Upsizes US IPO To Comply With Nasdaq's New Listing Rules For Chinese Firms
Benzinga· 2025-09-15 10:02
Core Viewpoint - QMSK Technology Co. Ltd. has significantly increased its IPO fundraising target from $9 million to as much as $37 million, reflecting a response to new Nasdaq listing requirements for Chinese companies rather than a surge in investor confidence [2][7]. Company Overview - QMSK provides aftermarket risk assessment and value-added services to auto insurers, with a customer base that grew from 35 to 64 in the latest fiscal year [15][16]. - The company operates through a network of 10,651 service locations across China, offering risk assessments at an average price of $50, up from $48.80 the previous year [14]. Financial Performance - In the latest fiscal year, QMSK's revenue increased by 38% year-on-year, reaching $47.7 million, up from $34.6 million [16]. - Despite revenue growth, the company's profit fell by nearly 10% to $2.25 million due to a tripling of operating expenses related to expansion efforts [16]. IPO Details - The updated IPO plan includes selling 6.25 million shares at a price range of $4 to $6, representing a float of nearly 30% of the company's expanded share capital [6][10]. - The company's market value post-IPO is projected to be between $85 million and $127 million, with a price-to-earnings (P/E) ratio of 47 based on its latest annual profit [10][11]. Market Context - The Nasdaq's new listing standards require Chinese companies to raise at least $25 million and maintain a public float worth at least $15 million, which has influenced QMSK's increased fundraising target [7][9]. - The valuation metrics for QMSK appear aggressive compared to peers in the auto insurance sector, with a P/E ratio higher than that of some comparable companies [11][12].
Royal Greenland appoints Toke Binzer as CEO
Yahoo Finance· 2025-09-15 10:01
Royal Greenland has named Toke Binzer as the new CEO of the seafood major following the departure of Susanne Arfelt Rajamand in February. Binzer, whose appointment will take effect on 1 December, will take over from interim CEO Preben Sunke. Sunke has held the position since Arfelt Rajamand left the business. Royal Greenland is in the midst of a recovery programme after launching its 'back to black' turnaround strategy last year. Announcing its first-half results in August, the company said it is targe ...
Best money market account rates today, September 15, 2025 (Earn up to 4.41% APY)
Yahoo Finance· 2025-09-15 10:00
Find out which banks are offering the top rates. Money market accounts (MMAs) can be a great place to store your cash if you're looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term savings that you want to grow over time, but can still access when needed for certain purchases or ...
HELOC rates today, September 15, 2025: Don't miss super low promotional rates
Yahoo Finance· 2025-09-15 10:00
HELOC interest rates currently range from 8.05% to 9.59% APR. Yet you may see promotional home equity line of credit rates that are much lower. Those introductory rates are usually offered for up to one year. Then, the variable rate discussed here kicks in. Dig deeper: Is now a good time to take out a HELOC? HELOC rates Monday, September 15, 2025 According to Bank of America, the largest HELOC lender in the country, today's average APR on a 10-year draw HELOC is 8.72%. That is a variable rate that kick ...
Best high-yield savings interest rates today, September 15, 2025 (Earn up to 4.30% APY)
Yahoo Finance· 2025-09-15 10:00
Today’s savings account rates still hover well above the national average. The Federal Reserve cut the federal funds rate three times in 2024, which means deposit account rates are also on the decline. It's more important than ever to ensure you're earning the highest rate possible on your savings, and a high-yield savings account could be the solution. These accounts pay more interest than the typical savings account — as much as 4% APY and higher in some cases. Not sure where to find the best savings in ...
Best CD rates today, September 15, 2025 (Lock in up to 4.45% APY)
Yahoo Finance· 2025-09-15 10:00
Today’s CD rates still hover well above the national average. The Federal Reserve reduced its target interest rate three times in 2024. This had a ripple effect on deposit account rates, which means now could be your last chance to lock in today's high rates with a certificate of deposit (CD). Here’s a look at today’s best CD rates and where you can find the best offers. Best CD rates today As of September 15, 2025, the the highest CD rate is 4.45% APY. This rate is offered by LendingClub on its 8-month ...