EverDriven Expands AI Video Safety Partnership with Powerfleet to Enhance Student Transportation Across 34 States
Prnewswire· 2025-06-16 10:59
WOODCLIFF LAKE, N.J., June 16, 2025 /PRNewswire/ -- Powerfleet (Nasdaq: AIOT), a global leader in AI-powered data intelligence, today announced an expanded deployment of its advanced AI video safety solution with EverDriven Technologies, a trusted leader in alternative student transportation across the United States.EverDriven operates across 34 states with 9,000+ drivers completing over 2 million trips annually. Due to the overwhelming interest from their school district partners,EverDriven will complete a ...
New Strong Sell Stocks for June 16th
ZACKS· 2025-06-16 10:50
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:ADT Inc. (ADT) is a smart home solutions providing company. The Zacks Consensus Estimate for its current year earnings has been revised 1.2% downward over the last 60 days.DoubleDown Interactive Co., Ltd. (DDI) is a digital gaming company. The Zacks Consensus Estimate for its current year earnings has been revised 6.3% downward over the last 60 days.M/I Homes, Inc. (MHO) is a residential home-builder. The Zacks Consensus Estimate for ...
RTX's Pratt & Whitney and Cebu Pacific sign long-term engine maintenance deal
Prnewswire· 2025-06-16 10:45
Core Insights - Pratt & Whitney and Cebu Pacific have signed a long-term EngineWise™ maintenance services agreement for Cebu Pacific's GTF engine fleet, aligning maintenance costs with engine utilization [1][2] - The 12-year agreement supports Cebu Pacific's fleet expansion, including a historic order for up to 152 A321neo aircraft and engines for 15 A320neo family aircraft [2] - The agreement enhances Cebu Pacific's operational efficiency by providing access to technical expertise, fleet data, and business intelligence [3] Company Overview - Cebu Pacific is the largest airline in the Philippines, operating 37 domestic and 26 international destinations with a fleet of 98 aircraft, including Airbus A320, A321, A330, and ATR models [5] - The airline currently operates 56 Pratt & Whitney powered aircraft and has a long-standing relationship with Pratt & Whitney dating back to the 1990s [4] Industry Context - The GTF engine technology allows for up to a 20% reduction in fuel burn compared to previous-generation engines, leading to significant savings in fuel efficiency, lower emissions, and reduced operating costs for airlines [4] - Pratt & Whitney, as part of RTX, is a leader in aircraft engine design and service, supporting over 90,000 engines globally [6][7]
IGT PlaySports Continues Partnership with Boyd Gaming in Nevada via New Three-Year Technology Agreement
Prnewswire· 2025-06-16 10:45
LONDON, June 16, 2025 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced today that it recently signed a new, three-year sports betting technology agreement with Boyd Gaming Corporation. Under the terms of the agreement, IGT's award-winning PlaySports platform will continue powering Boyd Gaming's retail and mobile sports betting offering in Nevada through August 2028. The new agreement builds on IGT and Boyd Gaming's long-standing sports betting technology partnership that started in 20 ...
Best Growth Stocks to Buy for June 16th
ZACKS· 2025-06-16 10:36
Group 1: LATAM Airlines Group S.A. (LTM) - LATAM Airlines Group S.A. is a passenger and cargo air transportation services company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for LATAM's current year earnings has increased by 22.3% over the last 60 days [1] - LATAM has a PEG ratio of 0.62, which is lower than the industry average of 0.64, and possesses a Growth Score of A [1] Group 2: Unisys Corporation (UIS) - Unisys Corporation is an information technology solutions company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Unisys's current year earnings has increased by 132% over the last 60 days [2] - Unisys has a PEG ratio of 0.51, significantly lower than the industry average of 2.84, and possesses a Growth Score of B [2] Group 3: Great Lakes Dredge & Dock Corporation (GLDD) - Great Lakes Dredge & Dock Corporation is a dredging services company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for Great Lakes Dredge & Dock's current year earnings has increased by 39.1% over the last 60 days [3] - Great Lakes Dredge & Dock has a PEG ratio of 1.00, compared to the industry average of 6.87, and possesses a Growth Score of A [3]
Buy Or Sell CarMax Stock Ahead Of Q1 Earnings?
Forbes· 2025-06-16 10:35
Group 1 - CarMax is set to announce its Q1 FY'26 earnings on June 20th, with expected revenue of approximately $7.56 billion, reflecting a 6% year-over-year increase [2] - Adjusted earnings per share are anticipated to be around $1.19, compared to $0.97 in the same quarter last year [2] - The company has seen revenue growth driven by increased second-hand vehicle sales volume and expanded financing operations [2] Group 2 - CarMax's profitability has improved due to better cost management and digital innovations enhancing customer experience and operational efficiency [2] - The company has a market capitalization of $10 billion and reported a net income of $501 million over the past twelve months [2] - CarMax's total revenue for the last twelve months was $26 billion [2] Group 3 - Historical data shows that CarMax has had 20 recorded earnings data points over the last five years, with 8 positive and 12 negative one-day returns [4] - Positive one-day returns occurred about 40% of the time, increasing to 58% when considering the last three years [4] - The median of the positive returns is 5.9%, while the median of the negative returns is -9.4% [4]
NexGen Releases 2024 Sustainability Report
Newsfile· 2025-06-16 10:30
Core Viewpoint - NexGen Energy Ltd. has released its 2024 Sustainability Report, highlighting significant achievements in environmental, social, and governance (ESG) practices while advancing its Rook I Project, which is set to be the world's largest high-grade uranium project [1][2]. Group 1: Sustainability and Environmental Achievements - The 2024 Sustainability Report marks the fifth year of reporting on the company's ESG profile, aligning with Global Reporting Initiative (GRI) Standards and the Task Force on Climate-related Financial Disclosures (TCFD) [1][11]. - NexGen completed a historic regulatory milestone by finishing the Canadian Nuclear Safety Commission (CNSC) Environmental Assessment technical review, the first for a greenfield uranium mine in Canada in 20 years [3]. - The company minimized its environmental footprint during exploration, achieving a 73% reduction in overall land disturbance and reclaiming 83% of land disturbed by exploration activities in 2024 [8]. Group 2: Community Engagement and Economic Impact - NexGen received the 2024 ABEX Community Involvement Award for its commitment to building resilient communities through innovative programs [4]. - The company exceeded its employment and procurement targets, with 82% of Rook I site employees being local residents and 94% of cash expenditure awarded to local suppliers [6]. - An economic impact study forecasts a total economic impact of $37 billion to Saskatchewan and Canada over the development and 11-year production period, with an average of 1,400 annual jobs [9]. Group 3: Training and Development Initiatives - The company launched the 'Pathways to Your Future' career development program, equipping over 500 local participants with essential skills for careers in uranium mining since 2023 [5]. Group 4: Energy Efficiency and Climate Strategy - NexGen optimized power generation at the Rook I Project by implementing a centralized power generation system and installing a pilot 24-kilowatt solar power system [7]. - A comprehensive TCFD gap analysis and climate-related risk assessment were completed to integrate climate-related risks and opportunities into the company's broader risk management and strategic planning [10].
Southern Cross Gold Drills 3.9 m at 124.6 g/t Gold with Individual Assays up to 2,110 g/t Gold
Newsfile· 2025-06-16 10:30
Core Insights - Southern Cross Gold Consolidated Ltd has reported significant drilling results from its Sunday Creek gold-antimony project, highlighting the effectiveness of its systematic infill drilling strategy which has reproduced high-grade zones and discovered additional mineralization. Group 1: Exceptional High-Grade Intercepts - The drill hole SDDSC162 intersected 3.9 m at 124.9 g/t AuEq (124.6 g/t Au, 0.1% Sb), marking it as the tenth best interval to date at Sunday Creek [4][9][10] - Individual assays reached up to 2,110 g/t Au, representing the seventh best gold assay recorded [4][7] - The Apollo prospect's drill hole SDDSC164 yielded a fourth sample exceeding 100 g/t Au within 180 m of the surface [4][13] Group 2: Successful Infill Strategy Delivering Results - Two infill holes successfully reproduced high-grade zones, validating the geological model and discovering additional vein sets beyond original targets [4][5] - A new 60 m zone of prospective near-surface ground was discovered adjacent to the historic Gladys Mine, which had a 104 m strike length [4][6] Group 3: High-Grade Antimony Confirmed - High-grade antimony-gold combinations were confirmed, including 87.1 g/t Au with 21.6% Sb and 62.3 g/t Au with 20.1% Sb [4][6][30] - The strategic importance of antimony is underscored by ongoing Chinese export restrictions, enhancing the project's value [4][30][33] Group 4: Operational Momentum - The company is advancing a drill program exceeding 200 km, with twenty holes currently being processed and eight actively drilling [8][11][18] - The systematic drilling strategy aims to expand the mineralized footprint while improving geological understanding [19][22] Group 5: Strategic Value of Sunday Creek - The Sunday Creek project is located 60 km north of Melbourne and covers 16,900 hectares, with the company also holding 1,054.51 Ha of freehold land [20][32] - The dual-metal profile of gold and antimony enhances the project's strategic value, particularly in light of China's export restrictions on antimony [33][34]
Inflection Resources to Acquire Portfolio of Australian Copper-Gold Projects from Newmont Corporation
GlobeNewswire News Room· 2025-06-16 10:30
Core Viewpoint - Inflection Resources Ltd. has entered into a definitive agreement to acquire a 100% interest in a portfolio of Australian copper-gold exploration projects from Newmont Corporation, which includes the Tennant East and Bell River projects, indicating a strategic expansion in high-potential mineral exploration [1][3][8]. Group 1: Project Details - The Bell River project spans approximately 115 km² and is located in the Macquarie Arc, known for its rich porphyry copper-gold deposits, situated 65 km north of Newmont's Cadia mine [5][8]. - Significant geological features at Bell River include advanced argillic alteration zones and high gold values of up to 40.8 g/t, with copper content reaching 1% in surface rock samples [6][7]. - The Tennant East project covers around 4,200 km² and consists of twelve exploration licenses, targeting Iron Oxide Copper Gold (IOCG) mineralization with minimal prior exploration [13][15]. Group 2: Acquisition Terms - For the Bell River project, Inflection will issue 1,000,000 common shares to Newmont and make a one-time payment of AUD$2.5 million upon completion of a JORC or NI43-101 compliant Pre-Feasibility Study, plus AUD$5.0 million upon the start of commercial production [21]. - The Tennant East project acquisition involves issuing 250,000 common shares and reimbursing Newmont for tenement renewal fees, with Newmont retaining a 1.5% net smelter return (NSR) royalty [22]. Group 3: Exploration Strategy - Inflection's exploration strategy will focus on systematic reviews of previous exploration data, geological interpretation, and the integration of geological, geochemical, and geophysical data to identify potential mineralization [20]. - The company aims to explore the newly acquired projects in parallel with its existing exploration programs funded by AngloGold Ashanti, leveraging its systematic exploration approach [3][8].
Block Is Repositioning For Long-Term Dominance
Seeking Alpha· 2025-06-16 10:29
Group 1 - Block, Inc. experienced a significant decline in the stock market in May 2025, with share prices dropping nearly 20% due to disappointing quarterly figures primarily driven by the underperformance of Cash App [1] - The company's quarterly results fell short of market expectations, indicating potential challenges in its business operations [1] Group 2 - The article emphasizes the importance of companies that demonstrate growth in revenue, earnings, and free cash flow as attractive investment opportunities [1] - It highlights a preference for companies with strong growth prospects, favorable valuations, and high free cash flow margins, as well as those that offer dividends and share repurchase programs [1]