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Santos Takeover Bid Collapses as XRG Consortium Withdraws $16B Offer
Yahoo Finance· 2025-09-18 10:00
Santos Limited (ASX: STO) confirmed that a consortium led by Abu Dhabi National Oil Company’s subsidiary XRG P.J.S.C., alongside Abu Dhabi Development Holding Company and Carlyle, has withdrawn its US$16 billion takeover proposal, ending months of negotiations over a potential acquisition. The XRG Consortium pulled its non-binding offer of US$5.626 per share after failing to agree on risk allocation and regulatory commitments under a proposed Scheme Implementation Agreement. The bid, first tabled in June ...
FactSet Reports Results for Fourth Quarter and Fiscal 2025
Globenewswire· 2025-09-18 10:00
Core Insights - FactSet reported strong financial performance for Q4 and fiscal year 2025, highlighting growth driven by AI and data-driven innovation [1][3][5] Financial Performance - Q4 GAAP revenues reached $596.9 million, a 6.2% increase from Q4 2024, while fiscal 2025 GAAP revenues totaled $2,321.7 million, up 5.4% year over year [3][7] - Organic Annual Subscription Value (ASV) was $2,370.9 million as of August 31, 2025, reflecting a 5.7% increase year over year [3][6] - Q4 GAAP operating margin improved to 29.7%, up approximately 700 basis points year over year, while adjusted operating margin decreased to 33.8% [3][4] - Q4 GAAP diluted EPS was $4.03, a 73.7% increase from the prior year, and adjusted diluted EPS was $4.05, up 8.3% year over year [3][4] Client and User Growth - Client count increased by 9.5% to 8,996, with a net addition of 779 clients during fiscal 2025 [5][15] - User count grew by 9.7% to 237,324, driven by an increase in wealth management users [5][15] Regional Performance - ASV from the Americas was $1,570.1 million, with organic ASV increasing 6.0% [10] - ASV from EMEA was $591.6 million, with organic ASV up 4.2% [11] - ASV from Asia Pacific reached $243.9 million, reflecting a 7.2% increase in organic ASV [12] Cash Flow and Shareholder Returns - Net cash provided by operating activities for Q4 was $212.1 million, a 30.0% increase year over year, while free cash flow rose to $178.1 million [3][5] - The company returned $460.4 million to shareholders through share repurchases and dividends during fiscal 2025 [5][16] Future Guidance - For fiscal 2026, FactSet expects organic ASV growth of 4% to 6% and GAAP revenues in the range of $2,423 million to $2,448 million [3][23]
RTX's Pratt & Whitney and PBS Group to develop next-generation auxiliary power unit
Prnewswire· 2025-09-18 10:00
"Advanced APUs are essential for both defense and commercial aviation, delivering the reliable, efficient power needed to keep aircraft mission-ready on the ground and optimized for performance in the air," said Jessica Villardi, vice president of Fighter and Mobility Programs at Pratt & Whitney. "This work with PBS underscores Pratt & Whitney's commitment to our customers and our focus on developing next generation turbine technologies to support future industry needs." Accessibility StatementSkip Navigati ...
Lake Victoria Gold Reaches Agreement in Principle with Government of Tanzania on Free Carried Interest Framework
Newsfile· 2025-09-18 10:00
Lake Victoria Gold Reaches Agreement in Principle with Government of Tanzania on Free Carried Interest FrameworkSeptember 18, 2025 6:00 AM EDT | Source: Lake Victoria Gold Ltd.Vancouver, British Columbia--(Newsfile Corp. - September 18, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("Lake Victoria Gold" or the "Company") is pleased to announce that its Tanzanian subsidiary, Tembo Gold (T) Limited ("Tembo"), has reached an agreement in principle with the Government of Ta ...
Julong Holding Limited to Report First Half of Fiscal Year 2025 Financial Results on Thursday, September 25, 2025
Globenewswire· 2025-09-18 10:00
BEIJING, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Julong Holding Limited (“Julong” or the “Company”) (Nasdaq: JLHL), a growth-oriented provider of intelligent integrated solutions, today announced that it will report its first half of fiscal year 2025 unaudited financial results, on Thursday, September 25, 2025, before the open of U.S. markets. The Company’s management will host an earnings conference call at 7:00 a.m. U.S. Eastern Time on September 25, 2025 (7:00 p.m. Beijing/Hong Kong Time on September 25, 2025 ...
RETRANSMISSION: BUZZ HPC Closes Acquisition of 7.2 MW Toronto Site to Build Data Centre for Sovereign AI Infrastructure
Newsfile· 2025-09-18 10:00
Core Viewpoint - BUZZ High Performance Computing (BUZZ HPC), a subsidiary of HIVE Digital Technologies Ltd., has acquired a 7.2 MW data center site in the Greater Toronto Area to establish a new Tier III+ data center focused on AI workloads, enhancing Canada's sovereign AI infrastructure [2][3][6]. Group 1: Acquisition and Infrastructure - The newly acquired site will serve dual purposes: providing colocation services for enterprises and deploying BUZZ HPC's accelerated compute clusters for high-performance AI development [3][6]. - The facility is designed for sustainability, utilizing Ontario's clean electricity grid and incorporating liquid-cooling systems to support GPU racks of 150 kW and higher [5][6]. Group 2: Partnerships and Ecosystem - The data center will support BUZZ HPC's partnership with Bell Canada, expanding access to sovereign accelerated compute infrastructure across Canada [4][6]. - Toronto is recognized as a global AI hub, attracting significant investment and fostering a rapidly growing AI workforce, which BUZZ HPC aims to enhance with its new facility [9]. Group 3: Economic and Strategic Importance - Sovereign AI infrastructure is crucial for ensuring sensitive data remains under Canadian law, protecting it from foreign regulations and geopolitical risks [8]. - The investment in this sector is expected to drive economic growth, create high-value jobs, and reinforce Canada's leadership in AI [8][9].
Former Vice President of Magna International and EVP of Veoneer, Chris Van Dan Elzen Joins Arbe Board of Directors
Prnewswire· 2025-09-18 10:00
Accessibility StatementSkip Navigation Van Dan Elzen Brings Both Strong Business Acumen and Deep Technological Expertise to Arbe TEL AVIV, Israel, Sept. 18, 2025 /PRNewswire/ -- Arbe Robotics Ltd. (Nasdaq: ARBE) (TASE: ARBE), a global leader in perception radar solutions, announced today that Chris Van Dan Elzen, former Vice President at Magna International and EVP of Veoneer has joined as a member of the Arbe Board of Directors following the approval of the shareholders of Arbe. Van Dan Elzen brings bot ...
Udemy Announces 2025 Learning Excellence Award Winners Shaping the Future of Work
Businesswire· 2025-09-18 10:00
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading AI-powered skills acceleration platform, announced the winners of the 2025 Learning Excellence Awards, recognizing organizations that have successfully achieved impactful results in learning and development through AI-driven upskilling. Honored during Udemy's annual FWD event, these winners exemplify how visionary leaders are transforming learning at scale and equipping their organizations to thrive in an AI-driven future. "Congrat. ...
Cavitation Technologies, Inc. Completes Exclusive Licensing Agreement with XYRA Corp. for Patented Cavitation Non-Thermal Plasma™ Technology
Globenewswire· 2025-09-18 10:00
CHATSWORTH, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) -- Cavitation Technologies, Inc. ("CTi" or the "Company") (OTCQB: CVAT), a leading provider of advanced fluid processing and water treatment technologies, today announced the completion of an exclusive licensing agreement with its newly established subsidiary, XYRA Corp., for the application of its proprietary Cavitation Non-Thermal Plasma™ (CNTP) technology to submerged fluids used in cryptocurrency mining cooling systems. Crypto Mining Just Got Cooler Th ...
CEO Pleads Guilty in ‘$200M Bitcoin Fraud’ That Duped 90,000 Investors With Fake 3% Daily Returns
Yahoo Finance· 2025-09-18 09:59
Ramil Ventura Palafox, the chief executive of a bitcoin investment and multi-level marketing firm, has pleaded guilty to wire fraud and money laundering. According to federal authorities, he orchestrated a Ponzi scheme that defrauded more than 90,000 global investors. The 60-year-old dual citizen of the United States and the Philippines admitted in federal court that he used Praetorian Group International (PGI) to lure investors with false promises of daily profits. Between December 2019 and October 2021 ...