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Sun Life Reports Results of Conversion Privilege of Class A Non-Cumulative Rate Reset Preferred Shares Series 8R and Class A Non-Cumulative Floating Rate Preferred Shares Series 9QR
Prnewswire· 2025-06-20 14:06
TORONTO, June 20, 2025 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced that 1,400 of its 6,217,331 Class A Non-cumulative Rate Reset Preferred Shares Series 8R (the "Series 8R Shares") have been elected for conversion on June 30, 2025, on a one-for-one basis, into Class A Non-cumulative Floating Rate Preferred Shares Series 9QR (the "Series 9QR Shares"), and 2,664,916 of its 4,982,669 Series 9QR Shares have been elected for conversion on June 30, 2025 on a one-for-one basis int ...
National Advertising Division Finds P&G's Claims for Crest Gum Detoxify Supported
GlobeNewswire News Room· 2025-06-20 14:02
New York, NY, June 20, 2025 (GLOBE NEWSWIRE) -- GuruNanda, a competitor in the oral care industry, challenged express and implied claims for Crest’s Pro-Health Gum Detoxify toothpaste appearing on the product label, on the Crest website, and on third-party product pages, including Amazon and Walgreens. “Gum Detoxify” GuruNanda argued that the “Gum Detoxify” product name is understood by consumers to mean the toothpaste will remove all toxins and harmful substances from gums, including tobacco, heavy metals ...
CCL Stock Before Q2 Earnings: Should You Buy Now or Wait for Results?
ZACKS· 2025-06-20 14:01
Core Insights - Carnival Corporation & plc (CCL) is set to release its second-quarter fiscal 2025 results on June 24, 2025, with an expected earnings per share (EPS) of 24 cents, indicating a growth of 118.2% from 11 cents in the same quarter last year [1][8] - The consensus estimate for fiscal second-quarter revenues is $6.21 billion, reflecting a 7.4% increase year-over-year [5][8] Earnings Estimates and Trends - The earnings estimate trend over the past 60 days shows a stable EPS estimate of 24 cents for Q2, with slight increases in future quarters [2] - CCL has a strong earnings surprise history, having outperformed the Zacks Consensus Estimate in the last four quarters with an average surprise of 458.4% [5][6] Revenue and Growth Drivers - The anticipated EPS growth is attributed to higher pricing and strong booking volumes, with onboard spending also contributing to revenue growth [8][11] - Passenger ticket revenues are expected to rise by 5.6% year-over-year to $3.96 billion, while onboard and other revenues are projected to increase by 9.3% to $2.21 billion [13] Strategic Initiatives - Carnival's performance is bolstered by strong booking trends, robust onboard spending, and strategic pricing initiatives, with over 80% of full-year capacity already booked at higher prices [12][20] - The company is focusing on optimizing its portfolio and investing in high-return opportunities, including fleet enhancements and brand positioning [14][20] Cost and Margin Considerations - Elevated costs and macroeconomic pressures may impact margins, with total operating expenses expected to rise by 7.3% year-over-year to $5.6 billion [15] - Factors such as labor inflation, fuel price volatility, and foreign exchange headwinds could negatively affect the bottom line [15][21] Stock Performance and Valuation - CCL shares have increased by 11.4% over the past three months, outperforming the industry and S&P 500 [16] - The stock is currently trading at a forward P/E multiple of 11.80X, below the industry average of 17.70X, indicating a potential valuation opportunity [19] Long-term Growth Prospects - Carnival is leveraging strong consumer demand and an optimized fleet to drive long-term growth, with strategic investments aimed at enhancing guest experiences and sustaining pricing momentum [20][22] - Record customer deposits and strong forward bookings suggest healthy demand momentum heading into the second half of 2025 [24]
Stanley Black & Decker Announces Release Date for Second Quarter 2025 Earnings
Prnewswire· 2025-06-20 14:00
NEW BRITAIN, Conn., June 20, 2025 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) will broadcast its second quarter 2025 earnings webcast on Tuesday, July 29, 2025. The webcast will begin at 8:00AM ET.A news release outlining the financial results will be distributed before the market opens on Tuesday, July 29, 2025. A slide presentation which will accompany the call will be available at www.stanleyblackanddecker.com/investors and will remain available after the call.The call will be available through a ...
SF Fire Credit Union Launches Alkami's New Out-of-the-Box Campaigns That Simplify and Accelerate Targeted Marketing for Financial Institutions
Prnewswire· 2025-06-20 14:00
New, prebuilt, data-driven campaigns empower marketers to increase engagement, prove return on investment, and execute faster, with minimal setup and built-in performance trackingPLANO, Texas, June 20, 2025 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced the release of Out-of-the-Box Campaigns, a new feature within its Data & Marketing Solution. Designed specifically for banks and cr ...
New Legislation Creates A Trillion Dollar Opportunity In Circle
Seeking Alpha· 2025-06-20 14:00
The Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Features include a The Pragmatic Investor Portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room. Learn moreJames Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust ...
Tesla To Offer Extended EV Test Drive Experiences Via Electrify Expos' Weekender Program
GlobeNewswire News Room· 2025-06-20 14:00
Tesla will be the exclusive partner at Electrify Expo LA for the Electrify Weekender program with additional automakers to be announced for future cities Electrify Weekender is an extended test drive program exclusive to Electrify Expo attendees where they can take their EV of choice home and experience how it fits in their everyday life LOS ANGELES, June 20, 2025 (GLOBE NEWSWIRE) -- Electrify Expo, North America’s largest electric vehicle (EV) and technology festival, today announced Electrify Weekender, a ...
Nerdio Surpasses $100 Million in Annual Recurring Revenue as Enterprises Shift to Microsoft Cloud
GlobeNewswire News Room· 2025-06-20 14:00
CHICAGO, June 20, 2025 (GLOBE NEWSWIRE) -- Nerdio, the automated end-user computing (EUC) management platform transforming how organizations deploy and manage Microsoft Cloud technologies, today announced that it has surpassed $100 million in annual recurring revenue (ARR), reaching this mark in just over five years. The milestone underscores Nerdio’s rapid ascent as enterprises seek easier, more cost-effective ways to manage Microsoft Azure, Windows 365, and Intune environments at scale. The achievement co ...
Analysts set Street-high Netflix stock price target
Finbold· 2025-06-20 13:57
Netflix (NASDAQ: NFLX) is back in the spotlight after Pivotal Research raised its price target to a Street-high $1,600, up from $1,350, while maintaining a Buy rating.Notably, the move makes Pivotal the most bullish among major analysts and reflects growing confidence in Netflix’s long-term growth story.Wells Fargo also joined the wave of optimism on June 20, lifting its price target from $1,222 to $1,500 and reiterating its Overweight rating. Analysts at both firms point to Netflix’s expanding monetization ...
Twilio Expands RCS With Orange: Will Secure Messaging Drive Growth?
ZACKS· 2025-06-20 13:56
Key Takeaways TWLO teams up with Orange to expand Rich Communication Services reach across French smartphones. 81% of consumers prefer RCS over SMS, while 75% of businesses plan to invest in it this year. TWLO's communication segment earned $1.10B in Q1 2025, with messaging as the top revenue contributor.Twilio (TWLO) is taking another step toward transforming business messaging through its new partnership with Orange to scale Rich Communication Services (RCS) across France. This move could help Twilio st ...