The Toro Company TTC reported mixed results for its second quarter and lowered its full-year guidance on Thursday.The company said second-quarter fiscal 2025 sales decreased 2% year-over-year (Y/Y) to $1.32 billion on Thursday, missing the consensus of $1.35 billion. Adjusted EPS of $1.42 (+1% Y/Y) beat the consensus of $1.40.Toro lowered its guidance for FY25 adjusted EPS from $4.25-$4.40 to $4.15-$4.30, compared to the consensus of $4.31. The company now sees an FY25 net sales growth outlook of flat to -3 ...

Shares of Quantum Computing (QUBT 15.22%) are soaring on Friday. The company's stock has jumped 13.9% as of 12:59 ET. The rise comes as the S&P 500 gained 0.9% and the Nasdaq Composite gained 1.1%.The quantum computing company's stock received a price target upgrade a few weeks after a mostly positive earnings report.Quantum gets an upgradeAnalysts at Ascendiant Capital Markets raised their price target on Quantum Computing's stock from $14.00 to $22.00 and maintained their buy rating. The stock is currentl ...

Rebounding from their 11.8% decline last week, shares of Tempus AI (TEM 6.55%) are starting June on an auspicious note. In addition to the company dropping two announcements over last weekend, investors responded to TD Cowen commentary addressing Spruce Point's recently released critical report of the company that's specializing in artificial intelligence (AI) solutions for the healthcare industry.According to data provided by S&P Global Market Intelligence, shares of Tempus AI have risen 12% from the end o ...

Group 1 - Canadian National Railway Company (CNI) is investing $80 million CAD in New Brunswick and Nova Scotia as part of its 2025 capital investment program, indicating strong confidence in the region's economic potential and freight rail future [1][10] - The investment focuses on track maintenance and strategic infrastructure initiatives to enhance rail operations, including upgrades at railyards and the Autoport facility in Eastern Passage, Nova Scotia, ensuring safe goods movement and supporting long-term sustainable growth [2][10] - CNI's president, Tracy Robinson, emphasized that investing in the network is about building for the future, aiming to strengthen the resiliency and efficiency of the network across Atlantic Canada while providing exceptional service to customers [3] Group 2 - CNI's ongoing commitment to infrastructure is evident as it spent nearly $84 million CAD last year in the same regions for track maintenance and infrastructure initiatives, focusing on rail and tie replacements, grade crossing work, and structure maintenance [3] - The company is not slowing down its expansion plans, having made significant investments in other provinces, including $290 million CAD in Saskatchewan, $475 million CAD in Quebec, $165 million CAD in Manitoba, $510 million CAD in Alberta, and $600 million CAD in Ontario [4][10] - These robust initiatives are expected to strengthen investor confidence and support the long-term performance of CNI's stock [5]

Plug Power presents shareholders with an offer they cannot (afford to) refuse.Shares of Plug Power (PLUG 11.87%), the maker of fuel cell systems -- and now also of the hydrogen to fuel them -- shot 13% higher through 1:11 p.m. ET Friday, as investors received encouragement that the company might be able to avoid a devastating (to morale) reverse stock split. Plug's plans to issue more stockOur story begins one week ago, when Plug Power sent shareholders a preliminary proxy statement advising of the matters ...

Core Insights - Affirm Holdings, Inc. (AFRM) is expanding internationally, entering the Canadian and U.K. markets through partnerships with Williams-Sonoma and KAYAK, marking a significant growth phase beyond North America [1][8] Financial Performance - In Q3 2025, Affirm reported total revenues of $783 million, a 36% increase year-over-year, following growth rates of 17.3% and 46.3% in 2023 and 2024 respectively [2][8] - Active consumers grew by 21% year-over-year to 21.9 million, driven by strong consumer retention and increased partnerships [2][8] - The company anticipates total revenues for fiscal 2025 to be between $3.163 billion and $3.193 billion [2][8] Market Position and Strategy - Affirm focuses on providing transparent and flexible financial services while expanding its international reach through strategic partnerships [3] - The company is scaling its services in retail and travel industries, appealing particularly to Gen Z and Millennials [4] Competitive Landscape - Competitors include PayPal and Sezzle, with PayPal reporting 436 million active accounts and $7.8 billion in net revenues for Q1 2025, while Sezzle reported 2.7 million active consumers and $104.9 million in revenues for the same period [5][6] Valuation and Estimates - Affirm's shares have increased by 85.4% over the past year, outperforming the industry average of 37% [7] - The company trades at a forward price-to-sales ratio of 4.62, below the industry average of 5.61 [9] - The Zacks Consensus Estimate for Affirm's 2025 earnings implies a growth of 100.6% from the previous year, with five upward estimate revisions in the past 30 days [10]

Industry Overview - The Zacks Mining - Non Ferrous industry is currently experiencing promising prospects due to rising metal prices, supported by the energy-transition trend [1][4] - The industry includes companies producing non-ferrous metals such as copper, gold, silver, cobalt, molybdenum, zinc, aluminum, and uranium, which are essential for various sectors [3] Metal Price Trends - Copper prices have increased by 23% year-to-date, silver by 25%, and gold by 28%, driven by supply disruptions and geopolitical uncertainties [4] - Uranium prices have reached $71.9 per ounce, the highest in over three months, influenced by U.S. policies aimed at enhancing nuclear energy leadership [4] Demand Drivers - The demand for non-ferrous metals is expected to remain high, particularly due to their applications in transportation, construction, and renewable energy sectors [6] - The U.S. Infrastructure Investment and Jobs Act is anticipated to significantly increase the demand for non-ferrous metals [6] Industry Challenges - The industry faces challenges such as a shortage of skilled workforce, rising production costs, and supply chain issues, prompting companies to focus on cost-reduction strategies and operational efficiencies [5] - Companies are exploring alternative energy sources to mitigate fuel-price volatility [5] Investment Opportunities - Companies like Freeport-McMoRan Inc. (FCX), Coeur Mining (CDE), Centrus Energy (LEU), and Ero Copper (ERO) are well-positioned to capitalize on industry growth through strategic initiatives [2] - Centrus Energy has a $3.8 billion revenue backlog and is developing high-performance nuclear fuel components [18] - Coeur Mining's acquisition of SilverCrest Metals has enhanced its silver production capabilities [22] - Ero Copper is on track for significant growth with ongoing modernization efforts [25] - Freeport-McMoRan is expanding reserves and managing costs effectively [27] Industry Performance - The Zacks Mining - Non Ferrous industry has underperformed compared to the Zacks Basic Materials sector and the S&P 500 over the past year, with a decline of 17.7% [9] - The industry's current valuation, based on the forward 12-month EV/EBITDA ratio, is 8.13X, significantly lower than the S&P 500's 24.66X [12] Future Outlook - The Zacks Industry Rank indicates bright prospects for the Mining - Non Ferrous industry, currently ranked 63 out of 244 Zacks industries, placing it in the top 25% [7][8]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those that can fulfill their potential is challenging [1] Group 1: Company Overview - CarGurus (CARG) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 3.7%, but projected EPS growth for this year is expected to be 25.1%, significantly higher than the industry average of 15.6% [5] Group 2: Financial Metrics - CarGurus exhibits a year-over-year cash flow growth of 183.6%, far exceeding the industry average of 6.6% [6] - The annualized cash flow growth rate for CarGurus over the past 3-5 years is 39.8%, compared to the industry average of 4.7% [7] Group 3: Earnings Estimates - The current-year earnings estimates for CarGurus have been revised upward, with the Zacks Consensus Estimate increasing by 23.9% over the past month [8] - CarGurus has achieved a Growth Score of A and a Zacks Rank 1 due to positive earnings estimate revisions, indicating strong potential for growth investors [10]

Core Insights - ABM Industries largely met Wall Street expectations for the quarter, but rising costs and full-year guidance imply potential risks of weakness compared to estimates [1] - Investors reacted defensively, leading to a 13% decline in ABM shares [1] Financial Performance - ABM reported earnings of $0.86 per share for the fiscal second quarter ending April 30, which was a penny shy of expectations, with revenue in line at $2.1 billion [3] - The quarter marked a return to organic revenue growth, driven by strength in the prime commercial office market, with revenue growth of 3.4% compared to a 3% rise in operating expenses and a 9% rise in selling, general, and administrative expenses [4] Market Outlook - The company secured $1.1 billion in new bookings in the first half of its fiscal year, reflecting an 11% increase [4] - CEO Scott Salmirs expressed a constructive outlook for core markets, particularly high-quality office buildings, manufacturing and distribution facilities, commercial aviation, and microgrids [5] - Projects delayed in the second quarter are expected to be realized in the third quarter [5] Investor Sentiment - Investors were looking for more acceleration than what ABM delivered, and given broader macro uncertainty, there appears to be more downside risk than upside in the coming months [6] - Concerns include potential slowdowns in manufacturing or layoffs affecting office building occupancy, which could negatively impact results [6]

REGINA, SK, June 6, 2025 /PRNewswire/ - Above Food Ingredients Inc. (NASDAQ: ABVE) ("the Company"), acknowledges receipt of a formal notification from The Nasdaq Stock Market LLC regarding non-compliance with Listing Rule 5450(b)(3)(C), regarding minimum market value of publicly held shares (PR market value). The company is very pleased that this condition has been met as of May 27, 2025.Furthermore, the Company is very pleased that, as of May 27, 2025, it has met Listing Rules 5810(c)(3)(A) and 5450(a)(1) ...