DJCO June-Quarter Earnings Rise Y/Y on Tech Growth, Stock Up 1%
ZACKS· 2025-08-20 18:16
Shares of Daily Journal Corporation (DJCO) have gained 0.8% since the company reported its earnings for the quarter ended June 30, 2025. This compares with the S&P 500 index’s -0.2% change over the same period. Over the past month, the stock has rallied 14%, markedly outpacing the S&P 500’s 2.5% increase.Daily Journal reported net income of $10.47 per share compared to $16.96 a year earlier — a decrease of 38% year over year. Quarterly revenues of $23.4 million denoted a 34% rise from $17.5 million in the p ...
Nabors Announces Sale of Quail Tools to Superior Energy Services for $600 Million
Prnewswire· 2025-08-20 18:14
Transaction Reduces Nabors Net Debt by More Than 25%HAMILTON, Bermuda, Aug. 20, 2025 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today announced it has entered into a definitive agreement to sell Nabors' Quail Tools, LLC ("Quail") subsidiary to Superior Energy Services, Inc. ("Superior"). Net consideration for the sale totals $600 million plus adjustments for net working capital. Consideration is comprised of cash of $375 million and a seller note of $250 million. The Comp ...
TI Chief Financial Officer Rafael Lizardi to speak at Citi investor conference
Prnewswire· 2025-08-20 18:13
Company Overview - Texas Instruments Incorporated (TI) is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for various markets including industrial, automotive, personal electronics, enterprise systems, and communications equipment [3]. Upcoming Event - Rafael Lizardi, Senior Vice President and Chief Financial Officer of TI, will speak at the Citi 2025 Global TMT Conference in New York City on September 4, 2025, at 8:10 a.m. Eastern time [1]. - The conference will include a Q&A session where Lizardi will address questions from analysts and investors, discussing TI's business outlook and strategies for key markets [1]. Business Strategy - TI aims to address key markets for its analog and embedded processing technologies, positioning the company for growth through innovation and affordability in semiconductor technology [1].
Target: Missing the Mark in 2025—Downtrend May Continue
MarketBeat· 2025-08-20 18:11
Target TodayTGTTarget$98.18 -7.18 (-6.81%) 52-Week Range$87.35▼$167.40Dividend Yield4.63%P/E Ratio10.81Price Target$115.42Add to WatchlistWhile Target’s NYSE: TGT FQ2 2026 results show some improvements, the company continues to lag its peers, lose market share, and contract its business. Moreover, the choice of the new CEO did not boost market optimism. Yes, Cornell is out, and COO Michael Fiddelke is in, and the market did not like it. The takeaway from the chatter is that Fiddelke has had ample opportu ...
Amazon Pushes AI Expansion in APAC: Will AWS-Upstage Deal Pay Off?
ZACKS· 2025-08-20 18:10
Key Takeaways Amazon partners with Upstage to scale its Solar model on AWS, boosting AI presence in South Korea.AWS highlights SageMaker, Trainium and Inferentia as cost-saving tools in the Upstage collaboration.Amazon invests in Upstage and launches a joint go-to-market strategy to expand the AI pipeline across APAC.Amazon (AMZN) is stepping up its AI ambitions in Asia-Pacific, one of the fastest-growing technology markets worldwide. Its recent partnership with South Korea’s AI startup Upstage marks a stra ...
Visa's ALM Integrated to Aid Lithic in Real-Time Premium Card Enrollment
ZACKS· 2025-08-20 18:10
Key Takeaways Visa's ALM integration lets Lithic enable real-time enrollment into premium card programs.The shift to account-level reviews allows tailored rewards without reissuing cards or delays.Increased premium enrollments may drive more usage of Visa-branded cards and related revenues.Visa Inc.’s (V) Account Level Management (ALM) system, accessed through the Card Program Enrollment (VCPE) API, has recently been integrated with Lithic, the leading card issuing and processing platform for modern financi ...
UnitedHealth's Push Into Home Health: A New Growth Chapter?
ZACKS· 2025-08-20 18:06
Key Takeaways UnitedHealth is expanding home health care through its Optum division and acquisitions.The $3.3B Amedisys deal follows divestitures across 19 states to clear regulatory review.UNH expects 5M patients in value-based care by 2025 as Optum revenues grow y/y.UnitedHealth Group Incorporated (UNH) is making a significant move in home health as the next frontier of care delivery. With the help of its Optum division, the company is further diving into home-based care, focusing on offering treatment in ...
TJX's Q2 Earnings and Sales Beat Estimates, Comparable Sales Up 4%
ZACKS· 2025-08-20 18:06
Key Takeaways TJX reported Q2 EPS of $1.10, up 15% year over year and above the consensus estimate.Net sales grew 7% to $14.4B, surpassing expectations on strength across all divisions.Comparable store sales rose 4%, led by higher transactions across US, Canada, and international.The TJX Companies, Inc. ((TJX) posted second-quarter fiscal 2026 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Both metrics also increased from the year-ago quarter.TJX's Quarterly Metrics: Key I ...
Can Sterling's E-Infrastructure Boost Offset Housing Weakness in 2025?
ZACKS· 2025-08-20 18:06
Key Takeaways Sterling's Building Solutions revenues fell 7.6% in H1 2025 amid U.S. housing market weakness.E-Infrastructure revenues grew 24.2% to $528.7M, making up 51% of STRL's total in H1 2025.STRL's $1.2B E-Infrastructure backlog and CEC deal bolster mission-critical infrastructure prospects.Sterling Infrastructure, Inc. (STRL) has been hurting from housing market weakness in the United States for some time now, as buyers continue to struggle because of affordability issues, given a high mortgage rat ...
Sony is increasing the price of the PlayStation 5 as new tariffs take hold
TechCrunch· 2025-08-20 18:02
Sony will raise the price of PlayStation 5 consoles, the company announced on Wednesday. These changes will be effective as of Thursday, August 21.Citing “a challenging economic environment” — which appears to reference President Trump’s tariffs on imported products — Sony is increasing console prices by about $50. In the U.S., the prices will increase to $549.99 for the PlayStation 5, $499.99 for the PlayStation 5 Digital Edition, and $749.99 for the PlayStation 5 Pro. On July 31, the White House announced ...