Stocks Climb Before the Open on Micron Boost Ahead of U.S. Inflation Data
Yahoo Finance· 2025-12-18 11:16
Fed Governor Christopher Waller said on Wednesday he supports additional interest rate cuts to bring the central bank’s setting back to neutral, while noting there is no need to move hastily. “Because inflation is still up, we can take our time — there’s no rush to get down,” Waller said in a CNBC forum. Outlining a scenario in which inflation continues to ease through 2026, Waller said monetary policy settings remain as much as 100 basis points above neutral. At the same time, Atlanta Fed President Raphael ...
Best Value Stocks to Buy for Dec. 18
ZACKS· 2025-12-18 11:15
Core Insights - Three stocks with strong value characteristics and a buy rank are highlighted for investors: Kimball Electronics, Collegium Pharmaceutical, and James River Group Holdings [1][2][3] Group 1: Kimball Electronics, Inc. (KE) - Kimball Electronics provides electronics manufacturing and contract manufacturing services for automotive, medical, and industrial markets [1] - The company has a Zacks Rank of 1 and a price-to-earnings ratio (P/E) of 21.53, compared to 24.96 for the S&P 500 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 8.8% over the last 60 days [1] Group 2: Collegium Pharmaceutical, Inc. (COLL) - Collegium Pharmaceutical is a specialty pharmaceutical company [2] - It also carries a Zacks Rank of 1 and has a P/E ratio of 6.45, significantly lower than the S&P 500's 24.96 [2] - The Zacks Consensus Estimate for its current year earnings has risen by 6.6% over the last 60 days [2] Group 3: James River Group Holdings, Ltd. (JRVR) - James River Group is a specialty insurance company [3] - The company holds a Zacks Rank of 1 and has a P/E ratio of 6.30, compared to 8.90 for the industry [3] - The Zacks Consensus Estimate for its current year earnings has increased by 10.5% over the last 60 days [3]
Cambium Networks Announces Compliance with Minimum Bid Price Rule and Appointment of Interim Chief Financial Officer
Prnewswire· 2025-12-18 11:15
Core Points - Cambium Networks Corporation has received a Partial Compliance Letter from the Nasdaq Hearings Panel, confirming compliance with the Minimum Bid Price Rule but remaining non-compliant with the Periodic Filing Rule [1] - The Hearings Panel will maintain jurisdiction over Cambium Networks until April 8, 2026, and the company will be subject to a mandatory panel monitor through December 12, 2026 [2] - Cambium Networks has appointed Mitchell Cohen as Interim Chief Financial Officer, succeeding John Waldron, who will remain as a senior financial advisor [3][4] Company Overview - Cambium Networks provides networking solutions for service providers, enterprises, industrial organizations, and governments, focusing on delivering exceptional digital experiences and device connectivity [5]
BEN (Nasdaq: BNAI) Strengthens Balance Sheet with Over $1.24 Million in Liability Reductions Including Conversion of $504,684 in affiliate debt at $2.10 Per Share
Prnewswire· 2025-12-18 11:15
Core Viewpoint - Brand Engagement Network, Inc. has strengthened its balance sheet by converting debt into equity and reducing outstanding liabilities, enhancing its financial flexibility [1][3]. Group 1: Debt Conversion - On December 17, 2025, BEN Capital Fund One LLC converted $504,684 of matured debt into equity at a conversion price of $2.10 per share, fully satisfying the related principal, accrued interest, and loan fees [2]. Group 2: Liability Reduction - The company has negotiated settlements and made payments to reduce outstanding liabilities, including a reduction of more than $250,010 in accounts payable and the complete satisfaction of vendor-related obligations exceeding $487,306 [3]. - Collectively, these actions have reduced the company's outstanding liabilities by more than $1,242,000, significantly improving its balance sheet [3]. Group 3: Company Overview - Brand Engagement Network, Inc. develops secure, governed multimodal artificial intelligence solutions designed for regulated industries, enabling intelligent and compliant engagement across various interfaces [5].
Activist investor wants Ralph Lauren veteran to lead Lululemon
Yahoo Finance· 2025-12-18 11:14
This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: Just days after Lululemon announced CEO Calvin McDonald would step down, Elliott Investment Management has acquired a more than $1 billion stake in the company and is pushing for former Ralph Lauren executive Jane Nielsen to become CEO of the activewear brand, according to a person familiar with the matter. Nielsen served as Ralph Lauren’s chief operat ...
Howard Hughes to buy Vantage for $2.1 bln
Reuters· 2025-12-18 11:13
Core Viewpoint - Howard Hughes Holdings announced its acquisition of Vantage Group Holdings, a specialty insurance firm, for approximately $2.1 billion [1] Company Summary - Howard Hughes Holdings is expanding its portfolio by acquiring Vantage Group Holdings, which is a privately held company [1] - Vantage Group Holdings is backed by notable investment firms Carlyle and Hellman & Friedman, indicating strong financial support and credibility in the market [1] Financial Summary - The acquisition deal is valued at around $2.1 billion, highlighting a significant investment by Howard Hughes Holdings in the insurance sector [1]
How BP’s New Boss Became the Most Powerful Woman in Fossil Fuels
Yahoo Finance· 2025-12-18 11:12
O’Neill has argued that pragmatism, not ambition alone, should determine which climate solutions survive. Under her watch, Woodside doubled oil and gas output, leaned aggressively into seaborne LNG, and shelved lower-carbon projects that failed to clear commercial hurdles. “We should prioritize measures that deliver the biggest bang for buck,” she told a room of mining executives at the Melbourne Mining Club in February.Inside Woodside, current and former colleagues describe O’Neill as analytically rigorous ...
Vantage Group Holdings to be acquired by Howard Hughes Holdings
Prnewswire· 2025-12-18 11:12
Core Viewpoint - Vantage Group Holdings Ltd. has entered into a definitive agreement for Howard Hughes Holdings Inc. to acquire 100% of Vantage for $2.1 billion in cash, representing approximately 1.5 times the year-end 2025 book value, with the transaction expected to close in Q2 2026, pending regulatory approvals [1][2][3] Company Overview - Vantage, founded in 2020, has developed into a leading specialty insurer and reinsurer, offering a diversified portfolio of global property and casualty products supported by modern infrastructure and advanced analytics [2][9] Strategic Benefits of the Transaction - The acquisition is anticipated to strengthen Vantage's balance sheet and expand opportunities in specialty insurance and reinsurance, with a focus on underwriting profitability through disciplined risk selection and portfolio optimization [7][4] - Vantage will maintain its name, brand, and culture, with existing colleagues retaining their roles and teams [7] - Howard Hughes' ownership will provide long-term capital support, enhancing Vantage's credit profile and underwriting flexibility [7] Leadership and Management Insights - Greg Hendrick, CEO of Vantage, expressed excitement about the acquisition, highlighting the expected growth and innovation opportunities it will bring [3] - Carlyle and Hellman & Friedman, the investment firms backing Vantage, praised the management team's achievements and expressed confidence in Howard Hughes as a suitable partner for Vantage's next growth phase [5][6] Financial and Operational Details - The transaction is structured to allow Vantage to effectively navigate the insurance cycle and optimize asset allocation over time, with Pershing Square managing Vantage's assets on a fee-free basis to enhance investment returns [7] - Vantage's investment portfolio will focus on cash, short-term Treasurys, high-quality fixed-maturity securities, and a portfolio of common stocks, subject to regulatory considerations [7]
Rheinmetall, ICEYE partner on $2 billion German army order for space sector
Reuters· 2025-12-18 11:11
Group 1 - Rheinmetall has partnered with ICEYE to fulfill a €1.7 billion ($2 billion) order from the German army for the space sector [1]
5 Retirement Tips From Money Expert Suze Orman
Yahoo Finance· 2025-12-18 11:10
When it comes to retirement planning, few voices are as influential as Suze Orman. As a New York Times best-selling author and former Emmy-winning television personality, Orman is a financial advice powerhouse. Read Next: Financial Advisors Weigh In: Whose Plan for Retirement Is Better, Dave Ramsey or Suze Orman? For You: 5 Clever Ways Retirees Are Earning Up To $1K Per Month From Home Needless to say, Orman is highly esteemed for knowing her stuff. And when it comes to retirement, she has several helpfu ...