Core Viewpoint - SelectQuote Inc. is facing significant investor pressure due to a sharp decline in share prices following disappointing quarterly earnings and ongoing legal issues related to alleged violations of the False Claims Act [1][3]. Financial Performance - For the quarter ended March 2025, SelectQuote reported earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share [2]. - The company posted revenues of $408.16 million, falling short of the Zacks Consensus Estimate of $417.01 million by 2.12% [2]. Legal Issues - The U.S. Department of Justice (DOJ) announced a lawsuit on May 1, 2025, alleging that SelectQuote and other health insurers violated the False Claims Act in their marketing of Medicare Advantage plans [3][4]. - The lawsuit claims that from 2016 to at least 2021, SelectQuote received significant payments from insurers for Medicare Advantage enrollments, but allegedly steered beneficiaries toward higher-commission plans, disregarding their suitability [4]. Investor Sentiment - The combination of poor earnings and serious legal allegations has heightened concerns regarding SelectQuote's financial stability and operational integrity [5]. - Hagens Berman, a law firm investigating SelectQuote, emphasizes that the recent earnings figures raise existing concerns about the company's alleged steering tactics in light of the DOJ's allegations [5].

We initiate coverage on GoHealth, Inc. (NASDAQ: NASDAQ: GOCO ) with a Strong Buy and $20 PT. GoHealth is a leading digital Medicare & health insurance brokerage marketplace utilizing AI-based plan optimization and consumer activation in the U.S. Our Strong Buy rating isMoretus Research delivers state-of-the-art, buy-side quality equity research for serious investors seeking clarity, conviction, and alpha. Focused on U.S. public markets, Moretus applies a structured, repeatable framework to identify companie ...

SAN FRANCISCO, May 13, 2025 (GLOBE NEWSWIRE) -- SelectQuote Inc. (NYSE: SLQT) faced renewed investor pressure on Monday, May 12, 2025, as its shares tumbled another 12% following the release of quarterly results that fell short of earnings and revenue expectations. This decline compounds the over 19% drop experienced on May 1st after the U.S. Department of Justice (DOJ) announced a lawsuit alleging violations of the False Claims Act against the insurance brokerage and several major health insurers. Hagens B ...

Core Insights - Arthur J. Gallagher (AJG) reported revenue of $3.68 billion for the quarter ended March 2025, reflecting a year-over-year increase of 14.4% [1] - The earnings per share (EPS) for the quarter was $3.67, up from $3.49 in the same quarter last year, with an EPS surprise of +2.80% compared to the consensus estimate of $3.57 [1] Financial Performance Metrics - The total company commissions were reported at $2.25 billion, a +12.8% change year-over-year, but below the average estimate of $2.27 billion [4] - The risk management segment reported revenues before reimbursements of $373.40 million, which is a +5.8% change year-over-year, but lower than the average estimate of $382.24 million [4] - Total company fees were $984.80 million, representing a +3.5% year-over-year change, but below the average estimate of $1.06 billion [4] - The brokerage segment's supplemental revenues were $113.90 million, exceeding the average estimate of $96.15 million, with a year-over-year increase of +21.3% [4] - The brokerage segment's contingent revenues were $92.90 million, slightly above the average estimate of $91.80 million, reflecting an +8% change year-over-year [4] Stock Performance - Over the past month, shares of Arthur J. Gallagher have returned -6.8%, compared to a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

ROLLING MEADOWS, Ill., April 30, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today declared a regular quarterly cash dividend of sixty-five cents ($0.65) per share on the Common Stock of the Company, payable on June 20, 2025 to Stockholders of Record as of June 6, 2025.Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois.  Gallagher provides these services in approximately 130 countries ...

ROLLING MEADOWS, Ill., April 30, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of New Zealand-based First Capital Financial Services (First Capital) and its affiliate First Capital Wealth Management. Terms of the transaction were not disclosed.First Capital is a financial advisory firm providing wealth management, risk management and employee benefits services to corporate clients and individuals throughout New Zealand from offices in Christchurch and Auckland. Hugh Percy an ...

Core Insights - MoneyHero Limited reported a significant narrowing of net loss to US$(18.8) million in Q4 2024 from US$(94.3) million in the same period last year, indicating progress towards profitability [2][8][14] - The company achieved an Adjusted EBITDA loss of US$(2.9) million in Q4 2024, an improvement from US$(4.6) million in the prior year, marking its best quarterly performance since going public [2][8][14] - Revenue for Q4 2024 decreased by 40% year-over-year to US$15.7 million, primarily due to a strategic shift towards high-margin products [14][19] Financial Performance - Full year 2024 revenue decreased by 1% year-over-year to US$79.5 million, driven by a focus on profitability and diversification towards high-margin products [14][21] - Insurance revenue grew by 40% year-over-year to US$8.2 million, accounting for 10% of total revenue, while wealth products revenue surged by 138% to US$8.5 million [14][21] - Total operating costs and expenses for Q4 2024 decreased to US$25.2 million from US$45.6 million in the same period last year, reflecting the company's efficiency strategy [14][21] Operational Highlights - The company reported a 42% increase in registered members and a 21% rise in approved applications year-over-year in 2024, indicating strong customer engagement [2][21] - MoneyHero remains the largest digital acquisition partner for credit cards across its markets, leveraging this position to expand into high-margin verticals [4][29] - The company is committed to becoming an AI-first organization, with initiatives underway to deploy AI-powered customer service tools and automate workflows [5][6] Strategic Focus - Looking ahead to 2025, MoneyHero plans to maintain its focus on scaling high-margin verticals, particularly in insurance, while tightening cost controls [5][11] - The company has adopted a 'buy-over-build' philosophy for its product and tech strategy, enabling faster innovation through strategic partnerships [5][11] - A comprehensive reorganization and restructuring exercise is underway to streamline operations and enhance efficiency [10][11]

Core Insights - TROOPS, Inc. is pursuing two strategic initiatives to enhance its growth in Asia, focusing on the Hong Kong real estate and insurance sectors [1][4] Group 1: Acquisition Initiatives - The company is conducting preliminary due diligence on a Hong Kong-based insurance brokerage, which would complement its existing financial services portfolio and enhance capabilities in the insurance market [2] - TROOPS is in advanced negotiations to acquire 100% of Bestfaith International Technology Limited, a building management firm servicing over 200 properties in Hong Kong, which aligns with its mission to provide integrated property management solutions [3] Group 2: Strategic Rationale - The acquisition of Bestfaith is expected to position TROOPS as a key player in Hong Kong's property management industry, while the potential insurance brokerage acquisition would diversify revenue streams and create cross-selling opportunities between property management and insurance services [4] Group 3: Company Overview - TROOPS, Inc. operates as a conglomerate in Hong Kong, engaged in money lending, property investment, and the development of an online financial marketplace leveraging technologies such as AI, big data, and blockchain [7]