Workflow
JetBlue to cut flights as carrier says 'unlikely' to break even in 2025 due to weaker travel demand
Fox Business· 2025-06-17 16:21
JetBlue is implementing a slew of cost-cutting measures, including axing some flights, as economic uncertainty has lowered consumer confidence and subsequently dampened consumer demand.  CEO Joanna Geraghty told staff in an internal note on Monday that it's "unlikely" that the company will reach a break-even operating margin as it had hoped after years of financial strain."We’re hopeful demand and bookings will rebound, but even a recovery won’t fully offset the ground we've lost this year and our path back ...
Will Prisma Access Browser be Key to PANW's SASE Expansion?
ZACKS· 2025-06-17 16:21
Key Takeaways PANW's SASE business grew ARR 36% YoY in Q3 FY25, more than double the overall market growth. Prisma Access Browser drove one-third of seats sold, with 3M licenses sold since acquiring Talon. PANW added 6,000 SASE customers, with 40% of Q3 additions being net new to the company.Palo Alto Networks (PANW) is showing robust growth in Secure Access Service Edge (SASE), its cloud-based network security offering. In the third quarter of fiscal 2025, SASE was its fastest-growing business, with the ...
Can Optum Offset UnitedHealth's Health Benefits Growth Woes?
ZACKS· 2025-06-17 16:21
Key Takeaways UnitedHealth leans on Optum to offset pressures in its health benefits business. Optum's revenue growth outpaced UnitedHealthcare from 2022 to 2024. Optum contributed over half of UnitedHealth's total operating income last year.Yes, UnitedHealth Group Incorporated (UNH) is increasingly relying on its Optum business to drive growth and offset challenges in the health benefits segment, UnitedHealthcare. Optum has become the company’s primary growth engine, delivering stronger margins and faste ...
NMIH Stock Near 52-Week High: A Signal for Investors to Hold Tight?
ZACKS· 2025-06-17 16:21
Key Takeaways NMIH is poised to capitalize on growth in the mortgage insurance sector. A robust reinsurance strategy helps NMIH manage credit volatility and access efficient growth capital. Earnings growth is supported by increased production of both monthly and single premium policies.Shares of NMI Holdings Inc. (NMIH) closed at $40.69 on Monday, near its 52-week high of $42.49. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading abo ...
Commerce Bancshares Agrees to Buy Finemark for $585 Million
ZACKS· 2025-06-17 16:21
Key Takeaways Commerce Bancshares will acquire FineMark in a $585M all-stock deal expected to close on Jan. 1, 2026. The deal adds $7.7B in wealth assets and expands CBSH's footprint across Florida, Arizona and South Carolina. Deal is projected to be 6% accretive to 2026 earnings, with limited capital impacts and 2.2% TBV dilution.Commerce Bancshares, Inc. (CBSH) entered an agreement to acquire FineMark Holdings in an all-stock transaction valued at $585 million. The closing of the deal, expected on Janua ...
Orca Announces Results of the Annual Meeting of Shareholders
Globenewswire· 2025-06-17 16:17
TORTOLA, British Virgin Islands, June 17, 2025 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B) is pleased to announce the voting results from its annual meeting of shareholders held on June 17, 2025 (the "Meeting"). The results for each of the resolutions set forth in the Company's management proxy circular dated June 17, 2025 are set forth below: 1. Fixing the Number of Directors By ordinary resolution passed via ballot, the number of directors to be elected at th ...
Mink Ventures Reports Results of Annual General Meeting
Globenewswire· 2025-06-17 16:16
TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- Mink Ventures Corporation (TSXV:MINK) (“Mink” or the "Company") is pleased to announce that all matters proposed by management were approved at Mink’s annual general meeting held earlier today, Tuesday, June 17, 2025 (the “Meeting”). At the Meeting, shareholders of Mink elected Natasha Dixon, Kevin Filo, JC St. Amour, and Matthew Lilko to the board of directors. The shareholders also approved the reappointment of its auditor McGovern Hurley LLP, Chartered Professio ...
Is Cost Optimization the Key to Under Armour's Gross Margin Strength?
ZACKS· 2025-06-17 16:15
Key Takeaways UAA's 4Q25 gross margin rose 170 bps y/y to 46.7%, led by lower product and freight costs. Reduced DTC discounting and better royalty terms added to the margin expansion in the quarter. A 90-bps drag from unfavorable regional and channel mix partially offset overall gains.Under Armour, Inc. (UAA) reported a gross margin of 46.7% for the fourth quarter of fiscal 2025, representing a year-over-year increase of 170 basis points. This improvement was primarily driven by lower product and freight ...
Will GenAI and SaaS Adoption Fuel Zscaler's Data Security Expansion?
ZACKS· 2025-06-17 16:15
Key Takeaways ZS expanded data security across web, email, SaaS, endpoints, and GenAI apps in Q3 FY25. A Fortune 50 auto firm grew its spend 50% after adopting six of ZS' eight data security modules. ZS won a seven-figure deal with a Fortune 100 food and beverage company.Zscaler (ZS) is seeing strong momentum in the Data Security Everywhere strategy, one of the company’s three main growth drivers. Historically, data security was most critical in data-heavy regulated industries like finance and healthcare. ...
Oracle Earnings Impress: Are Cloud Stocks a Buy?
ZACKS· 2025-06-17 16:15
Key Takeaways Oracle inked many lucrative deals with notable companies throuhgout its latest period. Cloud momentum is undeniably strong, underpinned by recent results from both AMZN and MSFT. Oracle's recent earnings release impressed investors, with shares seeing bullish action post-earnings. The big banks will really kick the Q2 earnings cycle into a higher gear in a few weeks, but the reality is that earnings season is never ‘over’. We’ve heard from several companies over recent weeks, whose results w ...