Tesla wins approval to test autonomous robotaxis in Arizona
Reuters· 2025-09-20 03:13
Core Viewpoint - Tesla has received approval to begin testing autonomous robotaxi vehicles with a safety monitor in Arizona, indicating progress in the company's autonomous vehicle initiatives [1] Company Summary - Tesla is advancing its autonomous vehicle technology by starting tests for robotaxi vehicles in Arizona [1] Industry Summary - The approval for testing autonomous robotaxi vehicles reflects the growing trend and regulatory acceptance of autonomous driving technology within the transportation industry [1]
BDC Weekly Review: Gladstone Takes A Dive On Its Convertible Issuance
Seeking Alpha· 2025-09-20 03:10
Group 1 - The article promotes Systematic Income's Income Portfolios, which are designed with a focus on yield and risk management considerations [1] - It highlights the availability of Interactive Investor Tools to assist in navigating various financial markets, including BDC, CEF, OEF, preferred, and baby bond markets [1] - The company offers Investor Guides specifically for CEFs, Preferreds, and PIMCO CEFs, indicating a commitment to educating investors [1] Group 2 - A no-risk trial is available, allowing potential investors to sign up for a 2-week free trial to explore the offerings [1]
How you can value the ANZ share price
Rask Media· 2025-09-20 03:08
Core Viewpoint - ANZ Banking Group is a significant player in the Australian and New Zealand banking sectors, with a focus on mortgages, personal loans, and credit, and its share price evaluation is influenced by various financial metrics and market conditions [2][5]. Group 1: Company Overview - ANZ is one of the Big Four banks in Australia and a leader in the New Zealand banking market [2]. - The bank derives a substantial portion of its revenue from lending activities, with 78% of its total income coming from this source [7]. Group 2: Financial Metrics - The net interest margin (NIM) for ANZ is 1.57%, which is below the ASX major bank average of 1.78%, indicating a lower return from lending compared to peers [6]. - ANZ's return on equity (ROE) stands at 9.3%, slightly below the sector average of 9.35% [8]. - The common equity tier one (CET1) ratio for ANZ is 12.2%, which exceeds the sector average, providing a strong capital buffer [9]. Group 3: Valuation and Dividends - The total dividend for ANZ last year was $1.66, with projected growth rates between 2% and 4% leading to an estimated average valuation of $35.10 per share using a dividend discount model (DDM) [11][12]. - An adjusted dividend payment of $1.69 per share raises the valuation to $35.74, compared to the current share price of $33.05, suggesting that the shares may appear expensive based on this model [12][13].
Are BOQ shares worth considering in September?
Rask Media· 2025-09-20 03:07
Group 1 - The share price of Bank of Queensland Limited (BOQ) is currently under scrutiny as ASX investors attempt to establish a rough valuation for the company [1][2] - Australia's major banks constitute approximately 30% of the share market by market capitalization, highlighting their significance in the financial landscape [2] - The PE ratio is a key metric for valuing BOQ shares, with the current PE ratio calculated at 17.3x compared to the banking sector average of 19x [5] Group 2 - A Dividend Discount Model (DDM) is suggested as a more robust method for valuing banks like BOQ, which involves forecasting dividends and discounting them back to present value [6][7] - The DDM valuation for BOQ shares, using a blended growth and risk rate, yields a valuation of $7.19, while an adjusted dividend payment increases this to $7.40 [10] - Considering fully franked dividends, the valuation based on a gross dividend payment of $0.50 results in a share price valuation of $10.57 [11] Group 3 - Different growth and risk rate scenarios indicate a range of valuations for BOQ shares, with a 2% growth rate and a 6% risk rate suggesting a valuation of $8.75, while an 11% risk rate drops it to $3.89 [12] - Additional considerations for evaluating BOQ include net interest margins, regulatory challenges, and the assessment of the management team's culture [13]
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – VFC
Globenewswire· 2025-09-20 02:58
Group 1 - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of V.F. Corporation securities between October 30, 2023, and May 20, 2025 [1] - Investors who purchased V.F. Corporation securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A lead plaintiff must move the Court by November 12, 2025, to represent other class members in the litigation [3] Group 2 - The lawsuit alleges that V.F. Corporation's defendants disseminated materially false and misleading statements regarding the company's turnaround plans, particularly concerning the Vans brand [5] - The lawsuit claims that defendants concealed the need for additional significant reset actions to return the Vans brand to growth, which would negatively impact revenue growth [5]
Trump's Tariffs Leading US To The 'Foothills of Stagflation,' Warns Larry Summers: 'Confidence Has More Room To Decline'
Yahoo Finance· 2025-09-20 02:31
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Former Treasury Secretary Lawrence Summers cautioned that the United States may be heading into a period of stagflation led by President Donald Trump’s trade and tariff policies, citing the lingering effects of tariffs and rising risks for both unemployment and inflation. We’re Likely On The ‘Foothills of Stagflation’ On Thursday, in a post on X, Summers highlighted a snippet from his recent online conver ...
FLYW DEADLINE: ROSEN, A RANKED AND LEADING FIRM, Encourages Flywire Corporation Investors to Secure Counsel Before Important September 23 Deadline in Securities Class Action – FLYW
Globenewswire· 2025-09-20 02:27
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Flywire Corporation securities during the specified Class Period of the upcoming lead plaintiff deadline on September 23, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Flywire securities between February 28, 2024, and February 25, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the September 23, 2025 deadline [3]. - Investors can join the class action by visiting the provided link or contacting the law firm for more information [6]. Group 2: Case Background - The lawsuit alleges that Flywire's defendants made false and misleading statements regarding the sustainability of the company's revenue growth and understated the negative impacts of permit and visa-related restrictions on its business [5]. - The lawsuit claims that these misleading statements resulted in damages to investors when the true details became public [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
FISERV DEADLINE: ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Fiserv, Inc. Investors to Secure Counsel Before Important September 22 Deadline in Securities Class Action - FI
Globenewswire· 2025-09-20 02:26
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fiserv, Inc. common stock during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Fiserv common stock purchase is from July 24, 2024, to July 22, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by September 22, 2025, to serve as lead plaintiff [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3]. Group 3: Case Allegations - The lawsuit alleges that Fiserv made false and misleading statements regarding its Clover platform, which was forced upon Payeezy merchants due to issues with the older Payeezy platform [4]. - It is claimed that Clover's revenue growth was artificially inflated by these forced migrations, masking a slowdown in new merchant business [4]. - The lawsuit further alleges that many former Payeezy merchants switched to competitors due to Clover's high pricing and compatibility issues, leading to a significant slowdown in Clover's growth metrics [4].
US attorney under pressure to charge Letitia James in mortgage fraud case has resigned
The Economic Times· 2025-09-20 02:22
Erik The replacement of Siebert as U.S. attorney for the prestigious Eastern District of Virginia office comes amid a push by Trump administration officials to indict James, a perceived adversary of the president who has successfully sued him for fraud. President Donald Trump told reporters in the The administration's effort to oust him from the job represents a further erosion of norms meant to insulate the Justice Department from It was not immediately clear Friday afternoon who would replace Siebert, ...
Meet the exec taking the helm of Blackstone's $105 billion real estate fund after the tragic loss of Wesley LePatner
Yahoo Finance· 2025-09-20 02:21
Katie Keenan has been named CEO of Blackstone's real estate fund for wealthy individuals. The news comes after the business's previous CEO was tragically killed at the firm's office. Keenan was a part of Business Insider's inaugural Rising Stars of Wall Street series in 2017. Blackstone has tapped another top female executive to run its massive real estate fund, stepping in after the shocking, fatal shooting of its former leader, Wesley LePatner. Katie Keenan will become the CEO of its $105 billio ...