This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: A federal judge is sending the New York attorney general’s complaint against earned wage access provider DailyPay to a state court, rejecting the fintech’s claim that it belongs in federal court. The lawsuit was formally remanded to New York Supreme Court on Tuesday, following U.S. District Judge John Koeltl’s Sept. 19 ruling. MoneyLion, a second EWA ...

Core Viewpoint - Omnicare Inc., a subsidiary of CVS Health Corp., has filed for Chapter 11 bankruptcy due to a $949 million civil judgment related to improper dispensing of prescription drugs, which is its largest unsecured debt [1][2]. Financial Position - Omnicare's Chapter 11 petition lists assets of at least $100 million and liabilities between $1 billion and $10 billion [2]. - The company has secured $110 million in Chapter 11 financing to support its operations during the bankruptcy process [3]. Strategic Options - The bankruptcy filing allows Omnicare time to evaluate options for resolving the judgment and addressing financial challenges in the long-term care pharmacy industry [4]. - Potential strategies include standalone restructuring or selling the business [4]. Industry Context - Omnicare has faced financial pressure from economic trends affecting long-term care facilities, such as a tightening job market, falling reimbursement rates, and a decline in the use of long-term care facilities in favor of outpatient care [6]. - Several clients of Omnicare in the long-term care sector have also filed for Chapter 11 bankruptcy, resulting in lost revenue and bad accounts receivables [7]. Operational Impact - The bankruptcy filing is expected to pause government efforts to collect the $949 million judgment against Omnicare [8].

Company Overview - Gen Digital Inc. (GEN) is based in Tempe, Arizona, and specializes in cyber safety solutions for individuals, families, and small businesses, with a market cap of $17.9 billion [1] - The company provides security and performance management, identity protection, and online privacy solutions, positioning itself as a large-cap stock in the software-infrastructure industry [2] Financial Performance - GEN reported a significant revenue increase of 30.3% year-over-year, reaching $1.3 billion, and an adjusted EPS of $0.64, which is a 20.8% increase from the previous year [5] - The company raised its fiscal 2026 guidance, expecting revenue between $4.8 billion and $4.9 billion, and adjusted EPS between $2.49 and $2.56, which has positively influenced investor confidence [5] Stock Performance - GEN's stock has declined 10% from its 52-week high of $32.22, reached on August 13, and has underperformed the S&P 500 Index, which rose 11.4% over the same three-month period [3][4] - Over the past 52 weeks, GEN's stock has gained 7.9%, lagging behind the S&P 500's 16.6% increase, and on a year-to-date basis, GEN is up 5.9% compared to the S&P 500's 13.3% return [4] Market Position - Despite recent underperformance, analysts maintain a moderately optimistic outlook for GEN, with a consensus rating of "Moderate Buy" from nine analysts and a mean price target of $36, indicating a potential 24.2% upside from current levels [6] - GEN has significantly lagged behind its competitor, Zscaler, Inc. (ZS), which has seen a 70.5% increase over the past 52 weeks and a 63.1% increase year-to-date [6]

Group 1 - Gen Digital Inc. (NASDAQ:GEN) is recognized as a tech stock with one of the lowest P/E ratios, indicating potential investment value [1] - The company has partnered with Intel to enhance AI-powered scam detection on Intel Core Ultra processors, which will improve user data privacy and detection speed [1][2] - Norton 360 customers now have access to advanced deepfake protection, allowing for direct analysis on devices without cloud data transmission [2] Group 2 - The Norton solution scans suspicious video and audio content to alert users about potential fraud, currently supporting platforms like YouTube and Facebook, with plans for expansion [3] - Gen Digital Inc. offers a range of cyber safety products under brands such as Norton, Avast, and LifeLock, providing protection against various online threats [3]

Core Insights - Norton has partnered with Intel to enhance deepfake protection on Intel® Core™ Ultra processors, providing real-time detection against AI-powered scams for Norton 360 customers [1][3][10] - The new technology allows for immediate analysis of suspicious content directly on devices, improving user privacy and detection speed [6][7] Technology and Features - Norton Deepfake Protection utilizes advanced AI trained on a vast library of real-world scams, including financial fraud and crypto cons, to detect manipulations in video and audio content [5][8] - The solution operates without needing cloud connectivity, ensuring sensitive data remains private while enabling faster detection [6][7] Market Availability - The deepfake protection feature is currently available for YouTube and Facebook videos, with plans to support additional social media platforms in the future [10][11] - It is accessible in the US, UK, Australia, and New Zealand as part of Norton Genie Scam Protection and Scam Protection Pro in Norton 360 products [10]

Core Insights - The iShares S&P 500 Value ETF (IVE) has an implied analyst target price of $225.03 per unit, indicating a potential upside of 10.34% from its recent trading price of $203.94 [1][2][3] Underlying Holdings Analysis - Gen Digital Inc (GEN) has a recent trading price of $29.14, with an average analyst target price of $36.00, representing a 23.54% upside [2][3] - United Parcel Service Inc (UPS) is trading at $84.35, with an average target price of $104.17, indicating a 23.50% upside [2][3] - Trimble Inc (TRMB) has a recent price of $80.88, with an average target price of $95.33, showing a potential upside of 17.86% [2][3] Analyst Target Price Considerations - The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high target prices relative to current trading prices may indicate future downgrades if they are based on outdated information [3]

Company Overview - Vimeo, Inc. (VMEO) shares increased by 60.9% to $7.74 in the last trading session, following a definitive agreement to be acquired by Bending Spoons for $1.4 billion [1] - The stock has shown a 25.9% gain over the past four weeks, indicating strong market interest [1] Earnings Expectations - Vimeo is expected to report quarterly earnings of $0.03 per share, reflecting a year-over-year decline of 40% [2] - Revenue projections stand at $106 million, which is a 1.4% increase compared to the same quarter last year [2] Earnings Estimate Revisions - The consensus EPS estimate for Vimeo has been revised 7.1% higher in the last 30 days, suggesting a positive trend that may lead to price appreciation [3] - Historical data indicates that trends in earnings estimate revisions are closely linked to near-term stock price movements [2][3] Industry Context - Vimeo holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence [4] - In the same technology services industry, Gen Digital (GEN) has a Zacks Rank of 4 (Sell) and has seen a 0.8% decline in the last trading session [4][5]

Core Insights - Avast Premium Security and Avast Ultimate have been recognized as the top malware protection products for Mac users by Software Experts in 2025, highlighting the increasing cybersecurity threats targeting Apple devices [1][8] Product Performance - Software Experts' analysis evaluated Avast's performance in four key areas: malware protection, usability, real-world effectiveness, and feature set, with Avast excelling in all categories [3][13] - Avast Premium Security offers essential protections against various threats, including viruses, spyware, ransomware, and phishing, with features like real-time malware detection and email scam filtering [4][9] New Features - Avast has introduced Scam Guardian Pro, an AI-powered feature in Avast Premium Security, which includes tools for real-time web content scanning, suspicious message guidance, and risky email flagging [5][8] Multi-Device Solutions - Avast Ultimate provides a comprehensive multi-device solution, including a VPN, device performance optimizer, and anti-tracking tools, compatible across Mac, Windows, Android, and iOS [6][10] Industry Recognition - Avast received the Best macOS Security Award from AV-Test in 2024 and was recognized as a Top-Rated Product by AV-Comparatives in 2023, indicating strong performance and user-friendly interface [7][8] Cybersecurity Landscape - The evolving nature of online threats necessitates supplemental software for Mac users, as traditional native protections may not suffice against phishing, browser hijacking, and targeted ad tracking [12][11] - The rise of hybrid work models and increased personal device usage emphasizes the need for reliable cybersecurity tools across all platforms, including macOS [11][12]

Core Insights - Nutanix has appointed Eric K. Brandt to its board of directors, effective May 15, 2025, bringing extensive leadership and finance experience [2][3] - David Humphrey has resigned from Nutanix's board, effective the same date, after serving since Bain Capital's $750 million investment in September 2020 [4][5] Company Leadership Changes - Eric K. Brandt has over 30 years of global experience in finance, operations, and corporate governance, having served as CFO of Broadcom and held senior roles at Avanir Pharmaceuticals and Allergan [3] - Virginia Gambale, Chair of the Board, expressed confidence that Brandt's expertise will benefit Nutanix as it focuses on sustainable growth and customer service [3] - David Humphrey's resignation was acknowledged positively, highlighting his contributions during a transformative period for Nutanix [5] Company Performance and Strategy - Since Bain Capital's investment, Nutanix has significantly grown and evolved into a leader in hybrid multicloud computing, enhancing its profits and cash flows [5] - The company aims to provide a single platform for running applications and managing data, simplifying operations for organizations [6]

Core Insights - Gen Digital Inc. reported fiscal Q4 earnings on May 6, indicating stable growth in both revenue and net income, marking a solid conclusion to FY2025 [1] - The acquisition of MoneyLion has been completed, and the company is now focused on integrating this new business into its operations [1] Financial Performance - The earnings report reflects a consistent performance in the company's financials, showcasing both top-line and bottom-line growth [1] Strategic Moves - The completion of the MoneyLion acquisition is a significant strategic development for Gen Digital, as it aims to enhance its business operations through integration [1]