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Albemarle Announces Enhanced Organizational Structure
Prnewswire· 2025-08-11 20:15
Aligns the company's functional model for greater agility and efficiency and is designed to accelerate market-led growth and operational excellenceCHARLOTTE, N.C., Aug. 11, 2025 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced changes to its organizational structure to further align the company for agility and efficiency. These enhancements are designed to accelerate the company's market-led ente ...
Ready Capital: Still Transitioning, With Potential Dividend Cuts
Seeking Alpha· 2025-08-11 20:13
I analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles as those are considered short theses, and I never recommend shorting.Former advisory representative at Fidelity. I do my own investing now and share my research here.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expres ...
RingCentral Q2: Expanding Partnership With AT&T, Initiate With Buy
Seeking Alpha· 2025-08-11 20:08
RingCentral, Inc. (NYSE: RNG ) provides cloud-based business communication solutions for contact centers. The company has been expanding its partnership with AT&T ( T ), by offering more solution through AT&T Office@Hand . I think RingCentral’s multi-product portfoliosAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinio ...
StubHub IPO is back on for September after ticketing company delayed plans on tariff concerns
CNBC· 2025-08-11 20:06
StubHub, the ticketing marketplace that spun out of eBay in 2020, has resumed its plans to go public and is now aiming to hold its IPO next month, CNBC has learned.The company originally paused its IPO plans in April as the stock market was reeling from President Donald Trump's "liberation day" tariffs. The decision came after StubHub submitted its prospectus in March indicating it would list on the New York Stock Exchange under the ticker "STUB."StubHub now expects to kick off its IPO roadshow after Labor ...
Siyata Mobile Inc. to Announce Q2 2025 Financial Results on August 14
Prnewswire· 2025-08-11 20:05
Core Viewpoint - Siyata Mobile Inc. plans to release its financial results for the second quarter ended June 30, 2025, on or around August 14, 2025, after market close [1] Company Overview - Siyata Mobile Inc. is a global developer and vendor of mission-critical Push-to-Talk over Cellular (PoC) handsets and accessories, primarily serving first responders and enterprise workers [3] - The company offers a portfolio of rugged PTT handsets and accessories that enhance communication over nationwide cellular networks, aimed at increasing situational awareness and saving lives [3] - Siyata's products are utilized by various organizations, including police, fire, ambulance services, schools, utilities, security companies, hospitals, and waste management companies [3] Product Offerings - In addition to PTT handsets, Siyata provides enterprise-grade In-Vehicle solutions and Cellular Booster systems to ensure effective communication in vehicles and areas with weak cellular signals [4] - The company sells its products through leading North American cellular carriers and international distributors [4] Stock Information - Siyata's common shares are traded on the Nasdaq under the ticker symbol "SYTA," while its previously issued common warrants trade under "SYTAW" [5]
Micromem Technologies Launches Ultra-Sensitive Liquid-Phase Sensor Targeting Disease Biomarkers with Breakthrough Picomolar Detection
Newsfile· 2025-08-11 20:05
Micromem Technologies Launches Ultra-Sensitive Liquid-Phase Sensor Targeting Disease Biomarkers with Breakthrough Picomolar DetectionAugust 11, 2025 4:05 PM EDT | Source: Micromem Technologies Inc.Toronto, Ontario and New York, New York--(Newsfile Corp. - August 11, 2025) -  Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem" or the "Company") is pleased to announce the successful development of its liquid-phase nanowire bio-chemical sensor, engineered to detect disease-associated ...
RumbleOn, Inc. Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-08-11 20:05
Core Insights - The company is undergoing a rebranding initiative, changing its name to RideNow Group, Inc., relocating its corporate headquarters back to Phoenix, AZ, and changing its ticker symbol from "RMBL" to "RDNW" effective August 13, 2025 [6][10][12] - The second quarter of 2025 showed a decline in revenue and net loss compared to the same period in 2024, but there were improvements in adjusted EBITDA and SG&A expenses [4][6][19] Financial Performance - Revenue for Q2 2025 was $299.9 million, down 11.0% from $336.8 million in Q2 2024 [4][6] - Gross profit decreased to $83.9 million, a decline of 6.7% year-over-year [4][6] - Selling, general, and administrative (SG&A) expenses were reduced to $66.7 million, down 6.6% from $71.4 million in the previous year [4][6] - The company reported a net loss of $32.2 million, compared to a net loss of $0.7 million in Q2 2024 [4][6] - Adjusted EBITDA increased to $17.2 million, up 6.2% from $16.2 million in Q2 2024 [4][6] Segment Performance - In the Powersports segment, unit retail sales of new powersports vehicles decreased by 11.5% to 10,618 units, while pre-owned powersports sales increased by 10.2% to 5,283 units [7][8] - Revenue from the Powersports segment was $298.6 million, down 7.2% from $321.6 million in the previous year [7][8] - The Vehicle Transportation Services segment saw a significant decline, with revenue dropping to $1.3 million, down 91.4% from $15.2 million in Q2 2024 [8] Balance Sheet and Liquidity - As of June 30, 2025, the company had $44.7 million in unrestricted cash and $185.1 million in non-vehicle net debt [9][17] - Total available liquidity was $185.7 million, which includes cash and availability under credit facilities [9] - The company executed a term loan amendment to extend the maturity of its term loan to September 30, 2027, with a reduction in interest rates [10][19] Strategic Initiatives - The company is focused on a "back to our roots" strategy aimed at improving operational execution and driving growth [3] - The successful closing of a term loan amendment provides operational flexibility to execute its strategic initiatives [3][10]
V2X Advances National Security Growth with Strategic Acquisition
Prnewswire· 2025-08-11 20:05
Core Insights - V2X Inc. has announced an acquisition of a specialized data engineering, intel mission support, and cyber solutions business, enhancing its capabilities in the national security sector [1][3] - The acquisition is valued at approximately $24 million and aims to expand V2X's reach within the National Intelligence Program budget [2][3] Company Strategy - The acquisition aligns with V2X's strategic growth objectives, allowing the company to pursue a greater share of opportunities in the Intelligence Community [2][6] - The integration of approximately 70 skilled professionals into V2X is expected to enhance its ability to deliver improved mission solutions across all operational domains [3][6] Market Position - This move positions V2X as a leader in data-enabled mission solutions, reinforcing its commitment to national security and innovation [3][4] - The company aims to enhance its national security portfolio by integrating the acquired business in the coming months [3]
AB Announces July 31, 2025 Assets Under Management
Prnewswire· 2025-08-11 20:05
NASHVILLE, Tenn., Aug. 11, 2025 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) announced today that preliminary assets under management remained unchanged at $829 billion at the end of July compared to June month-end, as market gains were offset by net outflows during the month. Outflows were primarily concentrated within institutions due to approximately $4.0 billion net outflows related to the completion of the EQH-RGA reinsurance transaction. Ex ...
Nerdy: Consider Both Growth And Profitability (Rating Downgrade)
Seeking Alpha· 2025-08-11 20:03
Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...