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AM Best Revises Outlooks to Positive for Enact Holdings, Inc. and Certain Operating Subsidiaries
Businesswire· 2025-09-18 14:07
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-†(Excellent) of the following operating subsidiaries of Enact Holdings, Inc. (EHI) (Delaware) [Nasdaq: ACT]: Enact Mortgage Insurance Corporation (EMIC) and Enact Mortgage Insurance Corporation of North Carolina (EMIC-NC) (collectively referred to as the Enact U.S.-domiciled comp. ...
Microsoft boosts Wisconsin data center spending to $7 billion
Reuters· 2025-09-18 14:07
Microsoft on Thursday said it plans to build a second massive artificial intelligence data center in Wisconsin, bringing its spending in the state to more than $7 billion. ...
American Resources' ReElement Technologies inks MOU with POSCO to boost rare earth supply chain
Proactiveinvestors NA· 2025-09-18 14:06
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Is it the Right Time to Retain Abbott Stock in Your Portfolio?
ZACKS· 2025-09-18 14:06
Core Insights - Abbott has shown strong growth and market share gains in its Nutrition business, with a focus on adult nutrition products and a strategic emphasis on biosimilars in its Established Pharmaceuticals division [1][3][10] - The Diabetes Care segment is benefiting from the success of the FreeStyle Libre continuous glucose monitoring system, which has achieved global leadership and is expanding with new FDA-approved products [5][6] - Macroeconomic challenges and currency fluctuations pose potential risks to Abbott's financial performance [1][12][13] Nutrition Business Performance - Abbott's Nutrition business reported 3.4% organic growth in Q2 2025, driven by a 6.6% increase in Adult Nutrition sales [4][9] - The strong demand for Ensure and Glucerna brands supports the growth in Adult Nutrition, while Pediatric Nutrition remains robust in the U.S. with the Similac brand leading the market [4][9] Diabetes Care Segment - Sales of the FreeStyle Libre CGM system exceeded $1.9 billion in Q2 2025, reflecting a 19.6% organic growth, with U.S. sales rising nearly 26% [6][9] - The introduction of new over-the-counter CGM systems marks a significant expansion opportunity for Abbott in the U.S. market [5] Established Pharmaceuticals Division - Abbott's EPD achieved 7.7% organic growth in Q2 2025, with a focus on branded generics in emerging markets [11] - The division is well-positioned for sustainable growth, with a five-year CAGR of 8% and plans for biosimilar launches starting in 2026 [10][11] Financial Performance and Market Position - Abbott's market capitalization stands at $231.06 billion, with an earnings yield of 3.9%, significantly higher than the industry average of 0.2% [2] - The company has outperformed the industry, with a 17.5% stock price increase over the past year compared to a 0.3% decline in the industry [2]
Is the Options Market Predicting a Spike in TreeHouse Foods Stock?
ZACKS· 2025-09-18 14:06
Company Overview - TreeHouse Foods, Inc. (THS) is experiencing significant attention from investors due to high implied volatility in its options market, particularly the Oct 17, 2025 $35.00 Call option [1] - The company currently holds a Zacks Rank of 3 (Hold) within the Food - Miscellaneous industry, which is positioned in the bottom 24% of the Zacks Industry Rank [3] Analyst Sentiment - Over the past 60 days, there have been no increases in earnings estimates for the current quarter, while three analysts have lowered their estimates, resulting in a decrease of the Zacks Consensus Estimate from earnings of 68 cents per share to 58 cents [3] Options Market Dynamics - The high implied volatility suggests that options traders are anticipating a significant price movement for TreeHouse Foods shares, which could indicate an upcoming event that may lead to a substantial rally or sell-off [2][4] - Seasoned options traders often seek to sell premium on options with high implied volatility, aiming to benefit from the decay of the option's value if the underlying stock does not move as much as expected [4]
Logo, Restaurant Change Backlash Hurt Cracker Barrel's Profit, Outlook
Yahoo Finance· 2025-09-18 14:05
Michael Siluk / UCG / Universal Images Group via Getty Images Cracker Barrel said a recent rebranding attempt has hit its business. Key Takeaways Cracker Barrel Old Country Store posted weaker-than-expected profit and guidance on the pushback from the family restaurant chain's rebranding plans. CEO Julie Masino said traffic has fallen about 8% since the company's August 19th logo change, which it reversed after negative feedback from customers. Masino said traffic would likely continue to decline in ...
Crypto exchange Kraken taps Legion to open token sales to over 15m users
Yahoo Finance· 2025-09-18 14:05
Initial coin offerings are back, but with a twist. That’s the upshot of the news that Legion, an onchcain fundraising project, is extending its services directly into the crypto exchange Kraken and opening token sales to a much wider audience than before. By tapping Legion, crypto projects launching tokens can hand-select investors based on onchain data, social media activity, and GitHub commits, among other metrics. ICOs got a bad reputation following their prior boom in 2017 and 2018, which saw over 2 ...
My mom needs nursing care, but Medicare won't pay — now the home wants to take her Social Security. What now?
Yahoo Finance· 2025-09-18 14:05
If your appeal isn't successful, your mother will be considered a private pay patient. While she will not have her benefits seized, she will be billed for nursing home care and expected to pay the bills. Nursing homes usually bill in advance, so she'll have to cover her costs to keep her place.Medicare has information on how you can appeal a denial to try to get covered.Since your mother did just leave the hospital, you may want to appeal the denial of the skilled nursing care. If her doctor or care provide ...
Uber Invests in Drone Delivery With Flytrex Partnership
PYMNTS.com· 2025-09-18 14:04
Uber has launched a partnership with autonomous drone food delivery service Flytrex.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The collaboration marks Uber’s first investment in drone delivery, the company sai ...
MongoDB, Inc. (MDB) Special Call - Slideshow (NASDAQ:MDB) 2025-09-18
Seeking Alpha· 2025-09-18 14:03
Seeking Alpha's transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team ...