Elliott Investment Management has taken a $4 billion stake in PepsiCo as the activist hedge fund led by billionaire Paul Singer presses for changes to boost the company’s stock price.The Wall Street Journal first broke the news on Tuesday of Elliott’s position, now one of the soda maker’s biggest-ever investors, that helped lift shares in PepsiCo as high as 6%. The stock was recently up 1.9% at $151.43. 3 Elliott sent a letter to the PepsiCo board in which it laid out its aim of boosting the firm’s share ...

Cigna Group’s CI Evernorth Health Services announced on Tuesday a $3.5 billion investment in Shields Health Solutions, a specialty pharmacy management company.How is CI stock doing now? Check the full analysis here.Evernorth’s investment coincided with Shields’ establishment as a private, stand-alone company upon its acquisition by Sycamore Partners, a private equity firm.This followed Sycamore’s acquisition of Walgreens Boots Alliance, Shields’ previous owner.Evernorth’s investment in Shields was in the fo ...

Core Insights - SiriusXM will have presentations by CEO Jennifer Witz and President Scott Greenstein at upcoming conferences, indicating ongoing engagement with investors and stakeholders [1] - The company is a leading audio entertainment provider in North America, with a diverse portfolio that includes subscription services, ad-supported streaming, and podcasts [2] Company Overview - SiriusXM operates a flagship subscription service and offers additional services through Pandora, reaching a combined monthly audience of approximately 160 million listeners [2] - The content provided by SiriusXM includes a wide range of programming across music, talk, news, and sports, catering to diverse listener preferences [2]

Calgary, Alberta--(Newsfile Corp. - September 2, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.00125 per common share to be paid September 29, 2025, to shareholders of record on September 15, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. About Pine CliffPine Cliff is a natural gas and crude oil company with a long- ...

Kraft Heinz announced Tuesday that it will split into two companies – much to the dismay of legendary investor Warren Buffett, who orchestrated their megamerger a decade ago.Buffett – whose investment firm Berkshire Hathaway is Kraft Heinz’s largest shareholder with a 27.5% stake – said he was “disappointed” by the breakup.“It certainly didn’t turn out to be a brilliant idea to put them together, but I don’t think taking them apart will fix it,” Buffett told CNBC. 4 Kraft Heinz plans to split into two com ...

Group 1 - Symbotic (SYM) is currently considered overvalued, trading at a forward 12-month price-to-sales ratio of 10.62, significantly higher than the Zacks Technology Services industry average of 3.27 [1][8] - The company has a substantial backlog of $22.4 billion, contributing to a 26% year-over-year revenue growth in the third quarter of fiscal 2025 [4][8] - For the fourth quarter of fiscal 2025, Symbotic expects revenues in the range of $590-$610 million and adjusted EBITDA between $45-$49 million [4] Group 2 - Symbotic's stock has gained in triple-digits over the past six months, outperforming its industry peers Coherent Corp. and MediaAlpha [5] - The company has a Momentum Score of F, indicating weak momentum indicators and trading below its 14-day moving average [10] - Symbotic's earnings surprise history shows it surpassed the Zacks Consensus Estimate twice in the last four quarters, with an average negative surprise of 78.3% [13] Group 3 - The company's reliance on Walmart, its largest customer, raises concerns, as this partnership accounts for a significant portion of its revenues [13] - Symbotic does not currently distribute dividends and has no plans to initiate them, making it less attractive to income-oriented investors [14] - The company faces risks related to international expansion and adapting technology to diverse environments, as well as potential tariff-related economic uncertainties [15]

PresentationSwayampakula RamakanthMD of Equity Research & Senior Healthcare Analyst Greetings, and thanks for joining us to have a conversation with Helen Sabzevari, Chief Executive Officer; and Phil Tennant, Chief Commercial Officer of Precigen. Precigen is a biopharmaceutical company specializing in advancement of innovative precision medicines to address difficult-to-treat diseases, which are -- which have high unmet need. Recently, the company received approval for PAPZIMEOS, which is the first and only ...

NEW YORK, Sept. 2, 2025 /PRNewswire/ -- Oldest and largest small-cap closed-end fund Average weekly trading volume of approximately 1,343,647 shares Fund's adviser has more than 50 years of small- and micro-cap investment experience CLOSING PRICES AS OF 07/31/25 NAV                                                                                                             17.06 MKT 15.18 AVERAGE ANNUAL TOTAL RETURN AS OF 07/31/25       NAV (%) MKT (%) One-Month*    1.91 0.86 Year ...

Core Viewpoint - Constellation Brands has lowered its full-year sales and profit outlook due to declining demand from Hispanic consumers, who represent a significant portion of its business [1][2]. Sales and Profit Outlook - The company now expects net sales of beer to decline between 2% and 4% in its fiscal 2026, a shift from a previous forecast of up to a 3% increase [7][9]. - Adjusted earnings per share are now projected to be between $11.30 and $11.60, down from an earlier forecast of $12.60 to $12.90 [7]. Consumer Behavior - Constellation's President and CEO Bill Newlands noted that U.S. purchases of high-end beers have decreased, with consumers making fewer trips to buy beer and spending less per trip [1][6]. - The trend of reduced spending is particularly pronounced among Hispanic consumers, who account for about half of Constellation's business [2][6]. Market Context - The company has been licensed to sell Modelo and Corona in the U.S. since 2013, following AB InBev's acquisition of Grupo Modelo [3]. - Concerns among Hispanic consumers include rising prices for food and essentials, immigration issues, and job market stability, which have contributed to reduced spending on various categories, including beer [5][6]. Stock Performance - Following the announcement of the revised outlook, Constellation's shares fell more than 7% in afternoon trading [8].

Core Viewpoint - Frontier Group (ULCC) is experiencing significant financial pressure due to rising costs and operational inefficiencies, making it less appealing for investors [1] Financial Performance - The Zacks Consensus Estimate for the current-quarter loss has widened to 35 cents per share from a previous estimate of 9 cents, indicating a lack of confidence from brokers [2] - The 2025 loss estimate has also increased to 66 cents per share, compared to 40 cents a month ago [2] - ULCC shares have declined by 31.1% year-to-date, while the Transportation - Airline industry has grown by 11.7% [3][8] Earnings and Cost Analysis - ULCC has a mixed earnings surprise history, beating the Zacks Consensus Estimate in two of the last four quarters, with an average miss of 17.54% [5] - The company reported a net loss of $70 million, as expenses outpaced revenue growth despite some efficiency gains [7] - Cost per available seat mile (CASM) rose by 8% year-over-year to 9.73 cents, driven by a 13% decline in average daily aircraft utilization [6][8] - CASM excluding fuel also increased significantly from 6.24 cents to 7.50 cents, indicating broader cost pressures [6] Market Position - ULCC currently holds a Zacks Rank of 4 (Sell), reflecting its unfavorable market position [5] - The company's earnings estimates have plummeted, with a 230% cut in the 2025 forecast over the past 60 days [8] Alternative Investment Options - Investors may consider LATAM Airlines Group (LTM) and SkyWest (SKYW) as alternatives, both holding a Zacks Rank of 1 (Strong Buy) [9][10] - LTM has an expected earnings growth rate of 45% for the current year, while SkyWest has an expected growth rate of 28.06% [10][11]