Cracker Barrel CEO claims disastrous logo change was ‘not ideological' — but for the sake of highway billboards
New York Post· 2025-10-21 19:00
Cracker Barrel’s top executive on Tuesday said the folksy restaurant chain’s disastrous logo change wasn’t about politics — instead claiming the switch was made for the sake of highway visibility, according to a report.Cracker Barrel CEO Julie Felss Masino was forced to defend the headline-grabbing bungle at the 13D Monitor Active-Passive Investor Summit in New York on Tuesday as the company faces stepped-up heat from an activist investor.The embattled restaurant boss — who has faced accusations of having a ...
PulteGroup, Inc. (NYSE: PHM) Surpasses Earnings Estimates Amidst Market Challenges
Financial Modeling Prep· 2025-10-21 19:00
Core Insights - PulteGroup, Inc. is a significant player in the homebuilding industry, offering a diverse range of residential properties across the United States and competing with major homebuilders like D.R. Horton and Lennar Corporation [1] Financial Performance - For the third quarter, PulteGroup reported earnings per share (EPS) of $2.96, exceeding the Zacks Consensus Estimate of $2.86, but down from $3.35 in the same quarter last year [2][6] - The company's net income for the quarter was $586 million, a decrease from $698 million in the previous year, indicating challenges in maintaining profitability [2] - Revenue for the quarter reached approximately $4.40 billion, surpassing the estimated $4.31 billion, reflecting the company's ability to generate sales despite a challenging environment [3][6] Financial Ratios - PulteGroup's price-to-earnings (P/E) ratio is around 27.07, suggesting that investors are willing to pay a premium for its earnings [4] - The price-to-sales and enterprise value to sales ratios are both approximately 4.90, indicating a consistent valuation approach [4] - The enterprise value to operating cash flow ratio of 16.75 highlights the company's cash flow generation capabilities relative to its valuation [4] Investment Metrics - The earnings yield stands at about 3.69%, providing investors with a perspective on the return from earnings [5] - The current ratio of approximately 0.87 suggests potential challenges in covering short-term liabilities with short-term assets [5] - Despite these challenges, the company remains focused on long-term strategies, emphasizing production volume management and capital allocation [5]
Cumulus Media and Audacy Announce the Launch of Westwood One Sports 24/7 Programming
Globenewswire· 2025-10-21 19:00
“The Jim Rome Show” to Anchor New Lineup Audacy’s “You Better You Bet” and “BetMGM Tonight” Join Westwood One Sports ATLANTA and NEW YORK, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Cumulus Media’s Westwood One and Audacy today announced that the Infinity Sports Network will be rebranded as Westwood One Sports, effective December 29, 2025. This strategic move solidifies both companies as recognized leaders in national sports audio. Westwood One Sports’ 24/7 network will continue to deliver unmatched live coverage, e ...
Second Leading Independent Proxy Advisory Firm Glass Lewis Joins ISS In Recommending Core Scientific Shareholders Vote "AGAINST" Proposed Sale to CoreWeave on GOLD Proxy Card
Prnewswire· 2025-10-21 19:00
Core Viewpoint - Two Seas Capital LP supports the recommendations from leading proxy advisory firms ISS and Glass Lewis for Core Scientific shareholders to vote "AGAINST" the proposed merger with CoreWeave, citing inadequate compensation for shareholders and highlighting Core Scientific's standalone potential [1][2]. Proposed Merger Concerns - Glass Lewis criticized the proposed merger structure, indicating that it does not sufficiently protect Core Scientific shareholders from risks associated with CoreWeave's share price volatility [2][5]. - The absence of price protection mechanisms in the merger agreement leaves Core Scientific shareholders exposed to fluctuations in CoreWeave's stock price, which has shown significant volatility [5][10]. - Two Seas argues that the financial advisors' optimistic valuations of CoreWeave may not align with market realities, suggesting that the merger consideration undervalues Core Scientific [5][6]. Standalone Potential of Core Scientific - Two Seas emphasizes that Core Scientific possesses significant standalone value, particularly in the growing AI sector, and that the proposed merger does not reflect this potential [2][10]. - The analysis indicates that the implied value of the merger consideration has consistently fallen below the valuations provided by financial advisors, suggesting that shareholders may be better off rejecting the merger [10]. Shareholder Recommendations - Two Seas urges shareholders to follow the recommendations of ISS and Glass Lewis by voting against the merger to unlock Core Scientific's full potential [2][10]. - The persistent negative spread between Core Scientific's share price and the implied merger value indicates that investors value the company more highly as an independent entity [10].
Engaged Capital Releases Presentation to Highlight Value Enhancement Opportunities at Cognex Corp.
Businesswire· 2025-10-21 19:00
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Engaged Capital, LLC ("Engaged†), an investment firm specializing in enhancing the value of small and mid-cap North American companies, today announced that it has built a stake in Cognex Corporation (NASDAQ: CGNX) ("Cognex†or the "Company†). In addition, at the 13D Monitor Active-Passive Investor Summit, Engaged shared a presentation that highlights actionable opportunities for value enhancement, including: Drive meaningful margin expansion by right-siz. ...
Apple's big move is testing its final resistance, says Fairlead Strategies' Katie Stockton
Youtube· 2025-10-21 19:00
Joining me now is Katie Stockton, founder and managing partner of Fair Lead Strategies. Katie, that seems like a tall order, but it had to climb a bit of a mountain to get here. Now, >> it did.Believe it or not, the stock is up 30% since the beginning of August, which is pretty remarkable, especially considering that the other mega caps have really faltered since then. Nvidia by comparison is up only 4%. So, it's a really big up move from Apple, big outperformance.It's differentiated itself positively and n ...
Cumulus Media and Audacy Announce the Launch of Westwood One Sports 24/7 Programming
Globenewswire· 2025-10-21 19:00
Audacy Logo Audacy Logo “The Jim Rome Show” to Anchor New Lineup Audacy’s “You Better You Bet” and “BetMGM Tonight” Join Westwood One Sports ATLANTA and NEW YORK, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Cumulus Media’s Westwood One and Audacy today announced that the Infinity Sports Network will be rebranded as Westwood One Sports, effective December 29, 2025. This strategic move solidifies both companies as recognized leaders in national sports audio. Westwood One Sports’ 24/7 network will continue to delive ...
Exchange Bank Welcomes Karen Serpa as Assistant Vice President, Marketing Communications Manager
Businesswire· 2025-10-21 19:00
Oct 21, 2025 3:00 PM Eastern Daylight Time Exchange Bank Welcomes Karen Serpa as Assistant Vice President, Marketing Communications Manager Share Karen Serpa, AVP, Marketing Communications Manager SANTA ROSA, Calif.--(BUSINESS WIRE)--Exchange Bank (OTC: EXSR) is pleased to announce the addition of Karen Serpa to its Marketing team as Assistant Vice President, Marketing Communications Manager. Karen brings more than 15 years of marketing and communications experience, with a strong background in both the fin ...
Africa Finance Corporation Secures USD 100 Million Facility from FinDev Canada, marking its Inaugural Transaction in the Canadian Market
Businesswire· 2025-10-21 18:59
Oct 21, 2025 2:59 PM Eastern Daylight Time Africa Finance Corporation Secures USD 100 Million Facility from FinDev Canada, marking its Inaugural Transaction in the Canadian Market Share The facility will strengthen AFC's funding base and support a growing pipeline of renewable energy and low-carbon transport projects across Sub-Saharan Africa, further expanding the Corporation's commitment to climate-resilient infrastructure development LAGOS, Nigeria--(BUSINESS WIRE)--Africa Finance Corporation (AFC) (www. ...
707 Cayman Holdings Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Price Deficiency
Globenewswire· 2025-10-21 18:59
HONG KONG, Oct. 21, 2025 (GLOBE NEWSWIRE) -- 707 Cayman Holdings Limited (“707” or the “Company”) (Nasdaq: JEM), a Hong Kong-based company that sells quality apparel products and provides supply chain management total solutions, today announced that it received a notification letter from The Nasdaq Stock Market LLC ("Nasdaq") dated October 17, 2025, notifying the Company that based on the closing bid price of the Company for the period from September 3, 2025 to October 16, 2025, the Company no longer meets ...