ConnectM Completes Acquisition of Cambridge Energy Resources, Strengthening Foothold in India
GlobeNewswire· 2025-05-15 15:30
Acquisition broadens ConnectM’s service offerings into India’s high-growth distributed energy and telecom sectors, advancing the Company’s global expansion strategyMARLBOROUGH, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), a high-growth technology company on the leading edge of the energy economy, today announced it has secured regulatory approval and completed the acquisition of Cambridge Energy Resources Ltd. (CER), an India-based En ...
Why Walmart Is Down Today
The Motley Fool· 2025-05-15 15:29
Walmart (WMT -1.10%) beat estimates for the quarter, but the retail giant warned of price hikes on the horizon because of tariffs.Investors are heeding the caution, sending Walmart shares down 3% as of 10:30 a.m. ET. Too much for even Walmart to absorbWalmart earned $0.61 per share on revenue of $165.6 billion in the quarter, topping Wall Street's $0.58 per share on $164 billion expectations and reporting revenue up 2.5% year over year. Global e-commerce sales were up 22% year over year, and membership inco ...
UnitedHealth: Should You Buy This Falling Knife?
Seeking Alpha· 2025-05-15 15:29
I'm quite familiar with UnitedHealthcare "UNH" (NYSE: UNH ), as the healthcare giant towers over the skyline of my home state, Connecticut. I also have a confession to make. I recently purchased UNH's stock atAre You Getting The Returns You Want? Invest alongside the Financial Prophet's All-Weather Portfolio (2024 69% return) and achieve optimal results in any market.The Daily Prophet Report provides crucial information before the opening bell rings each morning.Implement my Covered Call Dividend Plan and e ...
UnitedHealth stock drops 17% after report it is being probed by DOJ for alleged Medicare fraud
New York Post· 2025-05-15 15:26
UnitedHealth Group’s stock plunged Thursday morning after a report that the embattled insurance giant was being probed for Medicare fraud.The Department of Justice has been conducting the criminal investigation into whether the company — which pushed out CEO Andrew Witty on Monday — manipulated Medicare Advantage billing practices to improperly increase federal payments by inflating patient risk scores, the Wall Street Journal reported on WednesdayThe existence of the probe, which began last year but had no ...
Corpay Q1 Earnings Beat on Corporate Payment Solutions, Revenues Miss
ZACKS· 2025-05-15 15:26
Corpay, Inc. (CPAY) delivered robust results in the first quarter of 2025, driven by higher sales of corporate payment solutions. The earnings beat impressed the market as the company’s shares gained 8.1% since the earnings release on May 6.CPAY posted adjusted earnings per share of $4.51, beating the Zacks Consensus Estimate by a slight margin. This represents 10% year-over-year growth in the bottom line. Total revenues registered a rise of 7.5% from the preceding year to $1 billion. However, the top line ...
Spotify Stock Skyrockets 112% in a Year: What's Next for Investors?
ZACKS· 2025-05-15 15:26
Spotify Technology S.A. (SPOT) shares have skyrocketed 112.4% in a year, outperforming the 32.5% rally of its industry and the 12.4% rise in the Zacks S&P 500 Composite.SPOT has outperformed its streaming rivals Apple (AAPL) and Amazon (AMZN) for the same period. Apple and Amazon have jumped 12.4% and 14.5% in the past year.One-Year Price Performance Image Source: Zacks Investment Research The massive rise in Spotify shares may appeal to investors. However, the eminent question that lingers is whether it is ...
Infineon gains approval of Science Based Targets initiative for ambitious CO2 emission reduction targets
Prnewswire· 2025-05-15 15:26
Scope 1 and 2 targets meet highest SBTi standard for near-term reduction goals Infineon sets ambitious scope 3 target to further reduce emissions along the supply chain Active work with over one hundred suppliers to further reduce emissionsMUNICH, May 15, 2025 /PRNewswire/ -- Infineon Technologies AG (FSE: IFX) (OTCQX: IFNNY) has reached another milestone in its decarbonization efforts: The Science Based Targets initiative (SBTi) has approved the company's ambitious greenhouse gas emission reduction target ...
Westhaven Completes Brokered Private Placement for Gross Proceeds of $4.6 Million
GlobeNewswire· 2025-05-15 15:26
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V:WHN) (“Westhaven” or the “Company”) is pleased to announce the closing of its previously announced brokered private placement (the "Offering") for aggregate gross proceeds of $4,600,000, which includes the full exercise of the agent’s option for proceeds of $600,000. Under the Offering, the Company sold (i) 19,022,708 units of the Co ...
Birkenstock shares rise on boosted outlook, strong quarterly report
Proactiveinvestors NA· 2025-05-15 15:24
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Doral Renewables Secures $1.5 Billion of Debt and Tax Equity Financing for the Completion of Mammoth Solar
Prnewswire· 2025-05-15 15:24
PHILADELPHIA, May 15, 2025 /PRNewswire/ -- Doral Renewables LLC ("Doral") has successfully closed construction project financing for the Mammoth South, Mammoth Central I, and Mammoth Central II solar projects in Pulaski County, Indiana. The three projects, each with a generation capacity of 300 MWac, are part of the broader 1.3 GW Mammoth Solar facility. Mammoth Solar will generate enough energy to power approximately 275,000 households annually.The Mammoth South, Central I, and Central II projects will all ...