Jennifer Reel Promoted to Chief Communications and Marketing Officer at FNB
Prnewswire· 2025-06-04 15:00
PITTSBURGH, June 4, 2025 /PRNewswire/ -- First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), announced today that it has named Jennifer Reel Executive Vice President and Chief Communications and Marketing Officer.Building on her extensive experience in Marketing and Communications, Reel's promotion further demonstrates the Company's commitment to create a premium brand and foster clear and effective connections with its clients and prospects, shareholders, current and prospective ...
Wall Street Analysts Think Centessa Pharmaceuticals (CNTA) Could Surge 138.77%: Read This Before Placing a Bet
ZACKS· 2025-06-04 14:55
Centessa Pharmaceuticals PLC Sponsored ADR (CNTA) closed the last trading session at $13.36, gaining 11.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $31.90 indicates a 138.8% upside potential.The average comprises 10 short-term price targets ranging from a low of $27 to a high of $38, with a standard deviation of $4.01. While the lowest estimate indicates an increase of 102.1 ...
Ex-Dividend Reminder: Molson Coors Beverage, PepsiCo And Genuine Parts
Forbes· 2025-06-04 14:55
Group 1 - Molson Coors Beverage, PepsiCo, and Genuine Parts will trade ex-dividend on 6/6/25, with respective dividends of $0.47, $1.4225, and $1.03 [1] - The estimated annualized yields for these companies are 3.56% for Molson Coors Beverage, 4.32% for PepsiCo, and 3.23% for Genuine Parts [4] - Following the ex-dividend date, Molson Coors Beverage shares are expected to open 0.89% lower, PepsiCo 1.08% lower, and Genuine Parts 0.81% lower [2] Group 2 - Historical dividend data can provide insights into the stability of future dividends, which is crucial for assessing potential annual yields [4] - In recent trading, Molson Coors Beverage shares decreased by about 0.2%, PepsiCo shares increased by about 0.7%, and Genuine Parts shares decreased by about 0.4% [5]
INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Elevance
Prnewswire· 2025-06-04 14:55
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Elevance Health, Inc. due to alleged violations of federal securities laws, encouraging affected investors to come forward [2][4]. Group 1: Legal Investigation - The law firm is looking into claims against Elevance Health, reminding investors of the July 11, 2025 deadline to seek the role of lead plaintiff in a federal securities class action [2]. - The complaint alleges that Elevance and its executives made false or misleading statements regarding the monitoring of cost trends and the adequacy of premium rates for Medicaid programs [4]. Group 2: Financial Disclosures - On July 17, 2024, Elevance disclosed an expectation of increased utilization in Medicaid, leading to a stock price decline of $32.21 per share, or 5.8% [5]. - On October 17, 2024, Elevance reported third-quarter financial results, missing EPS expectations by $1.33, or 13.7%, and lowered its EPS guidance for 2024 from $37.20 to $33.00, or 11.3%, causing a further stock price decline of $52.61 per share, or 10.6% [6]. Group 3: Investor Participation - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, and any member can move to serve as lead plaintiff or remain an absent class member [7]. - The firm encourages anyone with information regarding Elevance's conduct to contact them, including whistleblowers and former employees [8].
This Nvidia backed stock is going parabolic
Finbold· 2025-06-04 14:53
Group 1 - CoreWeave has experienced a significant stock price increase of approximately 20% over the past five days, attributed to a $7 billion data center agreement with Applied Digital, which also saw its shares rise over 63% in the same period [1][3] - The demand for artificial intelligence (AI) infrastructure is surging, and CoreWeave is strategically diversifying its operations, which is expected to benefit Nvidia, holding a 7% stake in CoreWeave [3][5] - Since its IPO in March, CoreWeave's stock has risen 275%, reaching an all-time high of $150.50 this week, with Q1 revenue increasing 420% year-over-year to $981.6 million [4][5] Group 2 - CoreWeave has partnered with IBM to provide computing power for IBM's Granite AI models and operates 250,000 Nvidia GPUs, indicating strong operational capabilities [5] - The recent momentum in CoreWeave's stock reflects solid fundamentals and suggests strong upside potential despite potential short-term volatility [5]
NYSE: ELV DEADLINE REMINDER: Berger Montague Reminds Elevance Health (NYSE: ELV) Investors of Important Class Action Lawsuit Deadline
GlobeNewswire News Room· 2025-06-04 14:52
Core Viewpoint - A securities class action lawsuit has been filed against Elevance Health, Inc. for alleged misrepresentation of financial guidance and Medicaid cost trends during the Class Period from April 18, 2024, to October 16, 2024 [1][4]. Company Overview - Elevance Health, Inc. is a healthcare company based in Indianapolis, providing health insurance plans and administering Medicaid benefits for eligible beneficiaries [3]. Allegations and Financial Impact - The lawsuit claims that Elevance misled investors by stating they were monitoring cost trends related to the Medicaid "redetermination" process and that premium rates were sufficient to cover rising costs [4]. - It was revealed that the redetermination process led to a significant increase in the utilization of Medicaid members, as healthier members were being removed from the program, which was not reflected in Elevance's financial guidance [5]. - On July 17, 2024, Elevance disclosed an expectation of increased Medicaid utilization, resulting in a stock price drop of $32.21 per share, or 5.8%, closing at $520.93 [6]. - On October 17, 2024, Elevance reported Q3 2024 earnings, missing EPS expectations by $1.33, or 13.7%, and lowered EPS guidance for 2024 from $37.20 to $33.00, or 11.3%, leading to a further stock price decline of $52.61 per share, or 10.6%, closing at $444.35 [7][8].
ResMed (RMD) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2025-06-04 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style S ...
Why Qiagen (QGEN) is a Top Growth Stock for the Long-Term
ZACKS· 2025-06-04 14:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style S ...
Here's Why Charter Communications (CHTR) is a Strong Growth Stock
ZACKS· 2025-06-04 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores. What are t ...
Why Celestica (CLS) is a Top Growth Stock for the Long-Term
ZACKS· 2025-06-04 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores. What are t ...