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X @Forbes
Forbes· 2025-07-02 02:20
Finding The Right Leader For Your Company’s AI Strategy https://t.co/ABYi0o1a2L https://t.co/ABYi0o1a2L ...
Constellation Brands Reports First Quarter Fiscal 2026 Financial Results
Globenewswire· 2025-07-01 20:05
ROCHESTER, N.Y., July 01, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its first quarter fiscal 2026 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Wednesday, July 2, 2025 at 10:30 a.m. ET. Visit ir.cbrands.com to locate information for joining the conference call, or a live, listen-o ...
General Catalysts’ AI Rollup Strategy
Bloomberg Technology· 2025-07-01 19:12
You have something that's called roll up strategy or rather air enabled roll up strategy. So you say we are a global investment firm, but we are also a global transformation firm. Yes.Explain the strategy. Absolutely. Yeah.We're seeing a having a huge potential in many industries, such as legal I. T. , call centers, management.But these businesses are more traditionally services businesses. So what we're doing is we're backing teams that are enabling both services and software. And we think that can be empo ...
Old National Names Matt Keen Chief Information Officer
Globenewswire· 2025-07-01 17:16
Core Insights - Old National Bancorp has appointed Matt Keen as Chief Information Officer (CIO), joining the Executive Leadership Team [1][2] - Keen brings over 30 years of technology leadership experience, including roles at American Express, Ameriprise Financial, and Bremer Bank [2][4] - The appointment aligns with Old National's strategy to enhance technology capabilities to meet client needs during its expansion in the Midwest and Southeast [2][3] Company Overview - Old National Bancorp is the fifth largest commercial bank headquartered in the Midwest, with approximately $70 billion in assets and $37 billion in assets under management [6] - The company focuses on building long-term partnerships with clients and supporting the communities it serves [6] - Old National offers a range of services, including consumer and commercial banking, wealth management, and capital markets services [6] Leadership Transition - Matt Keen succeeds retiring CIO Paul S. Kilroy, who led significant improvements in contact center quality and received the "Tech Exec of the Year" award in 2024 [5] - Keen aims to advance the technology foundation established by Kilroy and enhance client and team member experiences through innovation [3][4]
X @Forbes
Forbes· 2025-07-01 16:50
Finding The Right Leader For Your Company’s AI Strategy https://t.co/aisDMOosOV https://t.co/aisDMOosOV ...
BILL Expands New Payment Services: Is There More Room for Growth?
ZACKS· 2025-07-01 16:36
Core Insights - BILL Holdings is strategically expanding its platform to cater to larger and more complex organizations while maintaining its focus on small and midsize businesses (SMBs) [1][8] - The launch of Supplier Payments Plus aims to simplify and accelerate payment processes for large suppliers, enhancing operational efficiency and the payment experience for SMB buyers [2][8] - In Q3 fiscal 2025, BILL reported revenues of $301.7 million from its Integrated Platform, reflecting a 14.5% year-over-year increase, driven by continued adoption among its core SMB base [3][8] Company Developments - BILL is investing in innovation by enhancing its payment portfolio, expanding distribution channels, and accelerating its AI strategy, which supports sustained growth in the SMB sector [4] - The company faces competitive pressure from Intuit's QuickBooks Bill Pay and Expensify's expense management tools, which could impact its market position [5][6][8] Financial Performance - BILL's share price has decreased by 45.4% year to date, underperforming the broader Zacks Computer and Technology sector, which has returned 6.1% [7] - The forward 12-month Price/Sales ratio for BILL is 3.27X, compared to the industry average of 5.89X, indicating a lower valuation [9] - The consensus estimate for fiscal 2025 earnings is $2.05 per share, reflecting a 5.7% increase over the past 60 days but a year-over-year decline of 3.3% [10]
We need to innovate to have a national AI strategy, says NYU's Gary Marcus
CNBC Television· 2025-07-01 15:57
Can Meta deliver on its AI. Got to the right camera in the end there. Lot of all four to get there.Uh, can they deliver on their AI ambitions as the competition heats up. Joining us now, New York University professor emeritus and AI expert Gary Marcus. Gary, great to have you have you with us.I maybe maybe this is a tough question to to answer, but can you buy in outside AI expertise and incorporate it quickly, easily, or is it as complicated as trying to do a massive corporate merger and the kind of teethi ...
Ageas completes the acquisition of Saga's Underwriting Business
Globenewswire· 2025-07-01 15:40
Ageas announced today that all necessary regulatory approvals for the acquisition of Acromas Insurance Company Limited (AICL), Saga’s Underwriting Business, have been obtained and the transaction has been completed. The completion of the acquisition of AICL represents the first milestone towards the establishment of a 20-year partnership with Saga Services Limited (SSL) for the distribution of personal lines Motor and Home insurance products to Saga's customers, as communicated on 16 December 2024 (read the ...
X @Cointelegraph
Cointelegraph· 2025-07-01 13:38
🔥 TODAY: DDC secures up to $528M to fuel Bitcoin treasury strategy, one of the largest $BTC raises by a NYSE-listed firm. https://t.co/IwKBXfNx7h ...
HeartCore Announces Strategic Financing to Support Software Business Growth Initiatives
GlobeNewswire News Room· 2025-07-01 12:30
NEW YORK and TOKYO, July 01, 2025 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) ("HeartCore" or the "Company"), a leading enterprise software and data consulting services company based in Tokyo, announced it has entered into a Securities Purchase Agreement and Equity Purchase Agreement with Crom Structured Opportunities Fund I, LP ("Crom"). About HeartCore Enterprises, Inc. Headquartered in Tokyo, Japan, with offices in New York and San Francisco, CA, HeartCore is a leading enterprise softw ...