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CNX Announces Promotion of Alan Shepard to President
Prnewswire· 2025-06-12 10:45
PITTSBURGH, June 12, 2025 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) announces the promotion of Alan Shepard to the position of President in addition to his current role as Chief Financial Officer."The opportunity set for the CNX team to continue to create per-share value for our owners and to positively transform our Appalachian communities has never been greater," said Nick Deiuliis, CNX CEO. "Since rejoining CNX in 2020, Alan has been integral to the development, communication, and execution o ...
Cardinal Health Details Momentum and Updated Long-Term Value Creation Plans at Investor Day
Prnewswire· 2025-06-12 10:45
Core Insights - Cardinal Health is hosting an Investor Day to discuss growth strategies and long-term financial outlook [2][3] - The company emphasizes its strong foundation and significant future growth opportunities [3] Strategic Updates - Cardinal Health is focusing on expanding its Pharmaceutical and Specialty Solutions, particularly in Specialty and higher-margin businesses [4] - The Specialty Alliance platform will include the recently acquired GI Alliance and the new Urology Alliance [5] - The MSO platforms now support approximately 2,200 providers across 28 states [6] Biopharma Solutions - Continued investments in Biopharma Solutions are announced, with expansions into oncology and other therapeutic areas [7] - The Sonexus™ Access and Patient Support platform is expected to more than double its supported therapies by fiscal year 2028 [7] Pharmaceutical Distribution - The Consumer Health Logistics Center in Ohio is set to be fully operational by July 2025, aimed at increasing capacity and efficiency [8] - Plans for a new forward distribution center with advanced automation technology are underway [9] Financial Guidance - FY25 non-GAAP diluted EPS guidance is raised to $8.15 to $8.20, with preliminary FY26 guidance set at $9.10 to $9.30 [10][18] - Long-term targets for non-GAAP diluted EPS growth are set at 12% to 14% for FY26 to FY28 [20] Capital Deployment - The company plans to invest at least $600 million annually in capital expenditures and anticipates at least $750 million in share repurchases each year for the next three years [21]
TELUS Submits Non-Binding Indication of Interest to Acquire Full Ownership of TELUS Digital
Prnewswire· 2025-06-12 10:45
Acquisition would offer TELUS Digital shareholders liquidity at a compelling value and enhance TELUS Digital's ability to effectively respond to changing market dynamicsCloser operational integration between TELUS and TELUS Digital to supercharge AI and SaaS transformation across telecommunications, health, agriculture and consumer goods sectorsTELUS Digital to continue as a key enabler to TELUS' growth strategy and operational efficiencyVANCOUVER, BC, June 12, 2025 /PRNewswire/ - TELUS Corporation (TELUS) ...
ADC Therapeutics Announces $100 Million Private Placement Extending Expected Cash Runway into 2028
Prnewswire· 2025-06-12 10:45
LAUSANNE, Switzerland, June 12, 2025 /PRNewswire/ -- ADC Therapeutics SA (NYSE: ADCT), a commercial-stage global leader and pioneer in the field of antibody drug conjugates (ADCs), today announced that it has entered into securities purchase agreements for the sale of its equity securities to certain institutional investors in a $100.0 million private investment in public equity ("PIPE") financing. In the PIPE, ADC Therapeutics is selling 13.0 million common shares at $3.53 per share and pre-funded warrants ...
McDonald's Stock Rises 1% After Key Trading Signal
Benzinga· 2025-06-12 10:43
Alert confirms uptrend early in the session on a down day for the broad marketMcDonald’s Corp. (MCD) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. Today, at 10:28 AM on June 11th, a significant trading signal occurred for McDonald’s Corp., (MCD) as it demonstrated a Power Inflow at a price of $300.12. This indicator is crucial for traders who want to know directionally where institutions and so-cal ...
Prudential: Still Attractive Valuation Despite Recent Share Price Run
Seeking Alpha· 2025-06-12 10:41
Core Insights - Prudential (NYSE: PUK) has shown strong share price performance year-to-date but is still trading below its embedded value, indicating that the market is assigning a negative value to its new business profits [1] Group 1 - The company's share price performance has been strong in the current year [1] - Despite this performance, Prudential's trading value is below its embedded value [1] - The market's negative valuation of Prudential's new business profits suggests potential undervaluation [1]
Nvidia CEO says this is the decade of robotics and autonomous vehicles
CNBC· 2025-06-12 10:38
Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025.Autonomous vehicles and robotics are going to take off in a big way in the years ahead, according to Nvidia CEO Jensen Huang."This is going to be the decade of AV [autonomous vehicles], robotics, autonomous machines," Huang told CNBC's Arjun Kharpal Thursday at the Viva Tech conference in Paris.Nvidia plays a ...
Battery Cyclers Market Trends, Forecast & Competitive Landscape Report 2025, Featuring Kikusui Electronics, EnerSys, Arbin Instruments, MTI Instruments, BIT BUDDY, Neware Technology and more
GlobeNewswire News Room· 2025-06-12 10:37
Dublin, June 12, 2025 (GLOBE NEWSWIRE) -- The "Battery Cyclers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" has been added to ResearchAndMarkets.com's offering.The Battery Cyclers Market was valued at USD 1.2 Billion in 2024, and is expected to reach USD 1.9 Billion by 2030, rising at a CAGR of 8.10%. This growth is largely fueled by the rising adoption of electric vehicles (EVs) and renewable energy storage systems, where precise battery testing is essential. Batter ...
Buy Or Fear MP Materials Stock
Forbes· 2025-06-12 10:35
Core Viewpoint - MP Materials stock is currently considered unattractive due to high valuation and weak operational performance [2][11] Valuation Comparison - MP Materials has a price-to-sales (P/S) ratio of 20.9, significantly higher than the S&P 500's ratio of 3.0 [4] Revenue Performance - MP Materials' revenues have contracted at an average rate of 15.3% over the last three years, while the S&P 500 increased by 5.5% [5] - Revenues rose by 4.6% from $206 million to $216 million in the past 12 months, compared to a 5.5% increase for the S&P 500 [5] - Quarterly revenues increased by 24.9% to $61 million from $49 million a year prior, while the S&P 500 saw a 4.8% improvement [5] Profitability Metrics - MP Materials reported an operating income of $-166 million, resulting in an operating margin of -77.0%, compared to 13.2% for the S&P 500 [6] - The operating cash flow (OCF) was $-8.7 million, indicating an OCF margin of -4.0%, against 14.9% for the S&P 500 [6] - Net income was $-105 million, leading to a net income margin of -48.4%, compared to 11.6% for the S&P 500 [7] Financial Stability - MP Materials had a debt of $916 million with a market capitalization of $4.5 billion, resulting in a debt-to-equity ratio of 20.3%, slightly higher than the S&P 500's 19.9% [8] - Cash and cash equivalents accounted for $759 million of total assets of $2.4 billion, yielding a cash-to-assets ratio of 32.1%, compared to 13.8% for the S&P 500 [8] Downturn Resilience - MP stock has underperformed the S&P 500 during recent downturns, with a notable drop of 50.2% from a high of $49.44 on March 2, 2021, to $24.61 on May 13, 2021, while the S&P 500 dropped 25.4% [10] - The stock fully recovered to its pre-crisis peak by January 4, 2022, but currently trades at approximately $27 [10][11] Overall Assessment - MP Materials is assessed as follows: Growth - Neutral, Profitability - Extremely Weak, Financial Stability - Very Strong, Downturn Resilience - Very Weak, Overall - Weak [13]
Boeing Stock Faces Fresh Crisis After 787 Dreamliner Crash
Forbes· 2025-06-12 10:30
Group 1 - Boeing's stock fell 6% in extended trading following a crash of an Air India 787 Dreamliner, which was carrying 242 passengers and crew members [2] - The crash adds to Boeing's ongoing challenges, including safety concerns that have negatively impacted its reputation and operational capacity [3] - The company faced significant issues starting with a midair incident on January 9, 2024, involving a Boeing 737 Max 9, leading to halted production expansion plans [4] Group 2 - Boeing has taken corrective measures to address the 737 Max issues and is working to increase production capacity, but the recent crash raises new doubts about its safety record [5] - The aviation industry is showing a shift towards Airbus, with airlines reassessing fleet procurement strategies, as seen with Transavia Airlines and easyJet transitioning from Boeing to Airbus [6] - The crash represents a critical moment for Boeing as it seeks to rebuild confidence among regulators, airlines, and passengers while managing financial and operational impacts [7]