FAS Can Amplify Returns On The Financials Sector
Seeking Alpha· 2025-07-28 22:08
The Direxion Daily Financial Bull 3x Shares ETF (NYSEARCA: FAS ) is an ETF strategy designed to provide traders 3x the daily performance of the Financial Select Sector ETF. Through the use of leverage, the strategy presents return implications that may notMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream ...
Savers Value Village Remains On Sale
Seeking Alpha· 2025-07-28 22:05
Company Overview - Savers Value Village, Inc. (NYSE: SVV) has a market capitalization of $1.59 billion, indicating its relatively small size in the market [1]. Industry Insights - Crude Value Insights focuses on the oil and natural gas sector, emphasizing cash flow generation and identifying companies with value and growth prospects [1]. - Subscribers to Crude Value Insights benefit from a 50+ stock model account, detailed cash flow analyses of exploration and production (E&P) firms, and live discussions about the sector [2].
H2O America Announces Second Quarter 2025 Financial Results
Globenewswire· 2025-07-28 22:05
Second quarter 2025 reported diluted EPS of $0.71, an 11% increase in diluted EPS over the prior year, and adjusted diluted EPS (non-GAAP)1 of $0.75, a 14% increase in adjusted diluted EPS over the prior year2025 year-to-date reported diluted EPS of $1.20, a 20% increase in diluted EPS over the prior year, and adjusted diluted EPS (non-GAAP) of $1.25, a 23% increase in adjusted diluted EPS over the prior year2025 year-to-date infrastructure investment was $207.2 million2, on track for full-year capital expe ...
Air Canada Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-07-28 22:00
Operating revenues of $5.632 billion, an increase of 2% versus last year. Operating income of $418 million with operating margin of 7.4% and adjusted EBITDA* of $909 million with adjusted EBITDA margin* of 16.1%. Premium revenues up 5% from the second quarter of 2024. Cash flow from operating activities of $895 million and free cash flow* of $183 million. Completion of $500 million substantial issuer bid, with approximately 296 million total issued and outstanding shares at June 30 2025. Leverage ratio* o ...
Digital Transformation Expert Sabine Bennett Joins FTI Consulting's Healthcare & Human Services Practice in Australia
GlobeNewswire News Room· 2025-07-28 22:00
SYDNEY, July 28, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Sabine Bennett as a Senior Managing Director in the Australian Healthcare & Human Services practice. Ms. Bennett, who is based in Sydney, has more than 16 years of experience delivering large, complex, technology-enabled transformation programs for health, aged care and life sciences clients. In her role at FTI Consulting, she will bring her deep sector expertise to help clients strategise, design a ...
Digital Transformation Expert Sabine Bennett Joins FTI Consulting’s Healthcare & Human Services Practice in Australia
Globenewswire· 2025-07-28 22:00
SYDNEY, July 28, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Sabine Bennett as a Senior Managing Director in the Australian Healthcare & Human Services practice. Ms. Bennett, who is based in Sydney, has more than 16 years of experience delivering large, complex, technology-enabled transformation programs for health, aged care and life sciences clients. In her role at FTI Consulting, she will bring her deep sector expertise to help clients strategise, design a ...
Kirby McInerney LLP Announces Investigation Against The J.M. Smucker Company (SJM) on Behalf of Investors
Newsfilter· 2025-07-28 21:57
Core Insights - The J.M. Smucker Company is under investigation for potential violations of federal securities laws and unlawful business practices [1][3] Financial Performance - On November 7, 2023, Smucker completed the acquisition of Hostess Brands for approximately $5.5 billion, with $2.4 billion recorded as goodwill in the Sweet Baked Snacks segment [3] - For Q3 2025, Smucker reported a comparable net sales decrease of 8% in the Sweet Baked Snacks segment, alongside a $794 million impairment charge related to goodwill and a $208 million impairment charge for the Hostess Brand trademark [3] - In Q4 2025, Smucker experienced a further 14% decrease in comparable net sales in the Sweet Baked Snacks segment, incurring an additional $867 million impairment charge for goodwill and a $113 million impairment charge for the Hostess Brand trademark [4] - Following the disappointing Q4 results, Smucker's share price fell by $17.44, or approximately 15.59%, closing at $94.41 per share on June 10, 2025 [4] Strategic Outlook - The company updated its 2026 financial plan to reflect decreased net sales in the Sweet Baked Snacks segment, indicating sustained underperformance since the acquisition of Hostess Brands [4]
Kirby McInerney LLP Announces Investigation Against The J.M. Smucker Company (SJM) on Behalf of Investors
GlobeNewswire News Room· 2025-07-28 21:57
Core Viewpoint - The J.M. Smucker Company is under investigation for potential violations of federal securities laws and unlawful business practices following disappointing financial results and significant impairment charges related to its Sweet Baked Snacks segment and the Hostess Brands acquisition [1][3][4]. Financial Performance - On November 7, 2023, Smucker completed the acquisition of Hostess Brands for approximately $5.5 billion, with $2.4 billion recorded as goodwill in the Sweet Baked Snacks segment [3]. - For Q3 2025, Smucker reported an 8% decrease in comparable net sales in the Sweet Baked Snacks segment, alongside a $794 million impairment charge related to goodwill and a $208 million impairment charge for the Hostess Brand trademark [3]. - In Q4 2025, the company experienced a further 14% decrease in comparable net sales in the Sweet Baked Snacks segment, incurring an additional $867 million impairment charge for goodwill and a $113 million impairment charge for the Hostess Brand trademark [4]. - Following the Q4 results, Smucker's share price fell by $17.44, or approximately 15.59%, closing at $94.41 per share [4]. Strategic Implications - The company has revised its 2026 financial plan to account for the sustained underperformance of the Sweet Baked Snacks segment, contradicting previous assurances about synergies driving sustainable growth [4].
VYM: A Potential Rate Cut Loser (Rating Downgrade)
Seeking Alpha· 2025-07-28 21:55
Group 1 - The Vanguard High Dividend Yield Index ETF (NYSEARCA: VYM) has shown strong performance over the past year [1] - The ETF is currently overweight in the financial sector, which may negatively impact its net asset value in a scenario of federal fund rate cuts [1]
Ray-Ban Meta smart glasses revenue tripled over the year, EssilorLuxottica says
CNBC· 2025-07-28 21:51
Ray-Ban Meta smart glasses on display in the window of a Ray Ban store in London, UK, on Friday, July 19, 2024.Revenue from sales of Ray-Ban Meta smart glasses more than tripled year over year, EssilorLuxottica revealed Monday as part of the company's most recent earnings report.EssilorLuxottica said the success of the Ray-Ban Meta glasses, built via a partnership with the Facebook parent stemming back to 2019, contributed to its first-half overall sales of 14.02 billion euro (US$16.25 billion), which repre ...