Workflow
Quantum Receives Shareholder Approval to Exchange Outstanding Term Debt for Senior Secured Convertible Notes
Businesswire· 2025-12-17 21:05
CENTENNIAL, Colo.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) (Quantum or the Company), today announced that all matters brought before the Company's Annual Meeting of Shareholders held on December 16, 2025 were approved, including the proposal to issue senior secured convertible notes (Convertible Notes) to Dialectic Technology SPV LLC (Dialectic) in a dollar-for-dollar exchange for approximately $55 million of term debt held by Dialectic. As a result, following such exchange, Dialectic will be en ...
Gloo To Acquire Westfall Group, Inc., Expanding Donor Solutions for Faith and Mission-Driven Nonprofits
Prnewswire· 2025-12-17 21:05
Strategic acquisition will enable Gloo to provide end-to-end, full lifecycle donor development solutionsBOULDER, Colo., Dec. 17, 2025 /PRNewswire/ -- Gloo (Nasdaq: GLOO), a leading technology platform serving the faith and flourishing ecosystem, announced a definitive agreement to acquire Westfall Group, Inc., a leader in major donor engagement, which owns and operates Westfall Gold, Inc., Brain Trust Creative, and Parable Talent. The acquisition will expand Gloo's portfolio of services in one of the most ...
General Mills Shares Rise After Earnings Beat Despite Divestiture Headwinds
Financial Modeling Prep· 2025-12-17 21:04
Core Insights - General Mills, Inc. reported second-quarter results that exceeded expectations, with adjusted earnings of $1.10 per share, surpassing analyst estimates of $1.02 [2] - The company's net sales totaled $4.9 billion, above the consensus estimate of $4.78 billion, despite a 7% year-over-year decline [2] - Shares rose more than 3% intra-day following the earnings release [1] Financial Performance - Adjusted operating profit fell 20% in constant currency terms to $848 million, with adjusted operating margin contracting 290 basis points to 17.4% [3] - The North America Retail segment, the largest by revenue, experienced a 13% decline in net sales, including a 10-point drag from yogurt divestitures [3] - Organic net sales declined 1% from a year earlier [2] Segment Performance - The North America Pet segment saw net sales rise 11%, supported by the acquisition of Whitebridge Pet Brands [4] - The International segment delivered growth, with net sales increasing 6% due to strong performance in Brazil, China, India, and North Asia [4] Future Outlook - General Mills reaffirmed its fiscal 2026 outlook, projecting organic net sales to range from a 1% decline to a 1% increase [5] - The company forecasts adjusted operating profit and adjusted diluted earnings per share to fall 10% to 15% in constant currency [5]
Jabil Raises Full-Year Outlook After Beating Quarterly Estimates
Financial Modeling Prep· 2025-12-17 21:04
Core Insights - Jabil Inc. reported first-quarter fiscal 2026 results that exceeded analyst expectations and raised its full-year guidance, indicating stronger-than-anticipated performance [1] Financial Performance - Adjusted earnings for the first quarter were $2.85 per share, surpassing the analyst estimate of $2.69 by approximately 6% [1] - Revenue for the first quarter reached $8.3 billion, exceeding the consensus forecast of $8.0 billion and showing significant improvement from the same period last year [1] Future Projections - For the second quarter of fiscal 2026, Jabil projected revenue between $7.5 billion and $8.0 billion, with adjusted earnings expected to range from $2.27 to $2.67 per share [2] - The company raised its full-year fiscal 2026 outlook, now expecting revenue of $32.4 billion, above the prior analyst consensus of $31.6 billion [2] - Adjusted earnings per share for the full year were increased to $11.55, exceeding the previous consensus estimate of $11.12 [2] - Jabil maintained its forecast for adjusted free cash flow of more than $1.3 billion [2]
Micron forecasts blowout earnings on booming AI market, shares rise
Yahoo Finance· 2025-12-17 21:04
(Reuters) - Micron Technology (MU) forecast second-quarter adjusted profit at nearly double what Wall Street analysts expected on Wednesday, as prices soar for memory chips amid tight supplies and booming demand ​from artificial intelligence data centers. Shares of the Boise, Idaho-based company were up almost 15% on Thursday after the forecast. Micron ‌said it expected adjusted profit of $8.42 per share, plus or minus 20 cents, versus analyst estimates of $4.78 per share, according to LSEG data. Micro ...
Chipmaker Micron forecasts quarterly revenue above estimates
Reuters· 2025-12-17 21:04
Micron Technology forecast second-quarter revenue above Wall Street estimates on Wednesday, betting on soaring demand and strong pricing for its high-bandwidth memory chips used in artificial intellig... ...
Walmart Inc. (NASDAQ: WMT) Sees Positive Investment Adjustments and Growth Potential
Financial Modeling Prep· 2025-12-17 21:03
Core Insights - Walmart Inc. has a new price target set by Truist Financial at $127, indicating a potential increase of 9.53% from its current trading price of $115.95, reflecting confidence in the company's growth potential [1][6] Investment Activity - Gradient Investments LLC increased its stake in Walmart by 6% during the third quarter, now holding 420,697 shares valued at approximately $43.4 million, aligning with the optimistic price target set by Truist Financial [2][6] - Other investors are also adjusting their positions, with Access Investment Management LLC acquiring a new stake valued at around $26,000, and PFS Partners LLC increasing its position by 267.8%, now holding 320 shares worth $31,000 [3][6] - Ridgewood Investments LLC boosted its stake by 55.3% in the second quarter, indicating growing interest in Walmart's stock [3] Stock Performance - Walmart's stock is currently trading at $115.90 on the NASDAQ, with a slight change of $0.48 or 0.42%, and has fluctuated between $115.07 and $116.02 today [4] - Over the past year, Walmart's stock reached a high of $117.45 and a low of $79.81, demonstrating volatility but overall growth potential [4][6] Market Capitalization - Walmart's market capitalization is approximately $924 billion, with a trading volume of 3,183,240 shares, reflecting its significant presence in the retail industry and ability to attract investor interest [5][6]
Probably would have argued against rate cut, says former Dallas Fed president Kaplan
Youtube· 2025-12-17 21:03
One of the key questions for investors in 2026 is what the Fed will do with interest rates, not to mention who will be the next chair. For more on both fronts, let's welcome in Robert Kaplan. He's the former Dallas Fed president, now vice chairman at Goldman Sachs.It's always good to see in person. Welcome back. >> Good to see you, sir.>> All right, let's start with the meeting that just ended. Would you have voted for a cut. >> Uh, I probably on the margin would have argued against a cut, but yes.Uh I thin ...
Sea: Priced For Deterioration That Hasn’t Arrived (NYSE:SE)
Seeking Alpha· 2025-12-17 21:03
I am a stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk management. My focus is on equity valuation, market trends, and portfolio optimization to uncover high-growth investment opportunities. As a former Vice President at Barclays, I led teams in model validation, stress testing, and regulatory finance, developing a deep expertise in both fundamental and technical analysis. Alongside my research partner (also my wife), I co-author investment research, com ...
Truist Lifts Dollar Tree Target, Reaffirms Buy Rating
Financial Modeling Prep· 2025-12-17 21:03
Core Viewpoint - Truist Securities has raised its price target on Dollar Tree to $149 from $136, maintaining a Buy rating, indicating confidence in the retailer's long-term earnings potential despite current controversies surrounding the stock [1] Group 1: Market Sentiment and Traffic Trends - Dollar Tree is described as a highly debated stock, but Truist remains optimistic heading into 2026 [2] - Concerns from bearish investors regarding a third-quarter traffic slowdown are attributed to temporary factors and in-store disruptions, with expectations for traffic recovery as store standards and inventory improve [2] Group 2: Earnings Growth Potential - Dollar Tree is expected to have significant earnings growth potential over the next several years, supported by operational initiatives such as improved space allocation, enhanced store standards, and accelerated share repurchases [3] - Management has targeted earnings per share (EPS) growth of 12% to 15% annually from 2026 through 2028, while Truist's model predicts EPS growth of 17% in 2026 and 11% in 2027 [3] Group 3: Valuation Outlook - If earnings growth meets targeted levels, the stock's valuation multiple could increase from its current level of approximately 17 times forward earnings [4]