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New Wave Announces Proposed Name Change and Reiterates Its Investment Policy
Globenewswire· 2025-06-12 11:30
Vancouver, BC, June 12, 2025 (GLOBE NEWSWIRE) -- New Wave Holdings Corp. (“New Wave” or the “Company”) (CSE:NWAI, FWB:0XM0, OTCPK:TRMNF) is pleased to announce that it is proposing a name change and reiterates its Investment Policy and strategic focus. Proposed Name Change The Company intends to change its name from “New Wave Holdings Corp.” to “Humanoid Global Holdings Corp.” The proposed name change is intended to represent the Company’s forward-looking focus on emerging artificial intelligence (“AI”) tec ...
Academy Sports and Outdoors: Staying Neutral Until There Is More Near-Term Outlook Clarity
Seeking Alpha· 2025-06-12 07:14
Core Viewpoint - Academy Sports and Outdoors, Inc. (NASDAQ: ASO) is given a hold rating due to concerns about the near-term outlook despite positive execution in store expansion, premium brand partnerships, and traction with higher-income customers [1] Group 1: Company Performance - The company shows encouraging execution on store expansion and premium brand partnerships [1] - There is a noted increase in traction with higher-income customers [1] Group 2: Market Challenges - Weakness is observed among core lower-income consumers, which poses a risk to the company's performance [1] - Inventory risks and macroeconomic uncertainties are highlighted as significant concerns for the company [1]
X @Forbes
Forbes· 2025-06-11 22:45
Team Valuation - The Golden State Valkyries are projected to be the WNBA's most valuable team next year [1] Industry Outlook - The WNBA is experiencing growth and increased attention [1]
Lottery.com Announces Sports.com Hub Global Expansion Plans
Globenewswire· 2025-06-11 18:37
FORT WORTH, Dallas, June 11, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“Lottery.com” or “the Company”), a leading technology company transforming the intersection of gaming, sports and entertainment, today announces its growth strategy for Nook Holdings Limited (“Nook”), the UAE-based sports and wellness incubator located at One JLT, Dubai. The Company is expected to complete its acquisition of a ninety percent (90%) ownership stake in Nook on or before June 30, 2025. The Company has ...
X @Forbes
Forbes· 2025-06-11 17:50
Can you guess the most valuable #NWSL team? https://t.co/zPNr39p2lZ https://t.co/zPNr39p2lZ ...
X @Forbes
Forbes· 2025-06-11 17:20
Optimism around the WNBA's future has sent franchise values skyrocketing, to an average of $272 million, ahead of a critical club sale. (Photos: Alika Jenner, Ezra Shaw, Kevin C. Cox via Getty Images) https://t.co/Nv8qQgXNoy https://t.co/gv1FkPgUlW ...
Manchester United (MANU) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-06-11 17:00
Core Viewpoint - Manchester United (MANU) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which are a significant factor influencing stock prices [1][3]. Earnings Estimates and Ratings - The Zacks rating system is solely based on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade for Manchester United reflects an improvement in its earnings outlook, which is expected to positively impact its stock price [3][5]. Impact of Earnings Estimate Revisions - There is a strong correlation between changes in earnings estimates and near-term stock price movements, making the Zacks rating system valuable for investors [4][6]. - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. Specifics on Manchester United - For the fiscal year ending June 2025, Manchester United is expected to earn -$0.38 per share, unchanged from the previous year, but analysts have raised their estimates by 48.6% over the past three months [8]. - The upgrade to Zacks Rank 1 places Manchester United in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Does Manchester United (MANU) Have the Potential to Rally 29.16% as Wall Street Analysts Expect?
ZACKS· 2025-06-11 15:00
Group 1 - Manchester United (MANU) closed at $17.01, with an 18% gain over the past four weeks, and a mean price target of $21.97 suggests a 29.2% upside potential [1] - The mean estimate includes three short-term price targets with a standard deviation of $4.64, indicating variability among analysts; the lowest estimate is $16.90 (0.7% decline), while the highest is $26 (52.9% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, with a 48.7% increase in the Zacks Consensus Estimate for the current year, indicating potential upside for the stock [12][11] Group 2 - The Zacks Rank for MANU is 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential for near-term upside [13] - While price targets are often viewed as a metric for investment decisions, they can mislead investors; analysts may set overly optimistic targets due to business incentives [7][8] - A low standard deviation in price targets indicates a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9]
X @Forbes
Forbes· 2025-06-11 14:58
Golf's 10 top earners scored $612 million over the past year. (Illustration: Alice Lagarde for Forbes; Photos: Jared C. Tilton, Andrew Redington, Dylan Buell/Stringer via Getty Images) https://t.co/JIe7wKvScd https://t.co/EHUInk5Ppr ...
Lottery.com To Increase Ownership Stake in Nook Holdings, UAE-Based Sports Incubator
Globenewswire· 2025-06-11 11:00
Core Viewpoint - Lottery.com is acquiring Nook Holdings Limited for approximately $2.5 million, emphasizing its commitment to global growth in sports and wellness [2][6]. Group 1: Acquisition Details - The acquisition is an all-cash deal, allowing Lottery.com to control 90% of Nook upon completion [2]. - The deal is expected to close on or before June 30, 2025 [2]. Group 2: Nook's Background - Nook, founded by Ravi Bhusari, has established itself as a key player in the UAE's sports and wellness ecosystem, supporting startups and small businesses [4]. - Nook has exclusive partnerships and a strategic location that make it a hub for sports entrepreneurs in the region [4]. Group 3: Strategic Implications - The acquisition will transform Nook into a gateway for sports innovation and investment, integrating it into the broader Sports.com ecosystem [5][6]. - Lottery.com aims to leverage Nook's community to enhance support for sports and wellness entrepreneurs, facilitating networking, licensing, and potential investments [8].