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Equifax Announces Agenda for 2025 Investor Day on June 17
Prnewswire· 2025-06-10 11:45
ATLANTA, June 10, 2025 /PRNewswire/ -- Equifax® (NYSE: EFX) today announced the agenda for its 2025 Investor Day to be held on Tuesday, June 17, beginning at 9:00 a.m. Eastern Time (ET) in New York City. The event will feature presentations from the Equifax senior leadership team on the NewEFX post-cloud focus on growth, leveraging the new Equifax Cloud™ and EFX.AI™ to accelerate product innovation and multi-data solutions. The full agenda is as follows: SOURCE Equifax Inc. New Equifax: Mark Begor, CEO Clou ...
Clarivate Partners with American Library Association to Advocate for U.S. Libraries
Prnewswire· 2025-06-09 07:00
Core Insights - Clarivate Plc has become the first sponsor of the American Library Association's (ALA) Public Supporter Program, marking a significant milestone in their partnership [1][5] - The Public Supporter Program, launched on February 10, 2025, aims to engage the public in supporting libraries and provides resources for library advocacy [3][5] - Clarivate's contributions will support key ALA initiatives and run for two years, until 2027 [5] Company Overview - Clarivate is a leading global provider of transformative intelligence, offering data, insights, analytics, and expert services across various sectors including Academia & Government, Intellectual Property, and Life Sciences & Healthcare [6] - The company emphasizes the importance of libraries in education, research, and access to information [4] Industry Context - The ALA is the largest library association globally, advocating for libraries and library professionals across diverse settings, from small rural libraries to large systems [2] - The ALA is a nonprofit, nonpartisan organization dedicated to enhancing learning and ensuring access to information for all [6][7]
Red Violet: Its Profitable Business Model Drives Revenue Growth
Seeking Alpha· 2025-06-06 20:33
Red Violet Inc. (NASDAQ: RDVT ) operates in the data and data analytics industry. The company doesn't report a separate segment. However, for my analysis, I based it on two key revenue streams that the company reports: Pricing Contracts andI am an experienced Risk Management Business Analyst at a Systemic Greek Bank, with a strong background in finance and risk analysis. I hold an MSc in Applied Risk Management from the University of Athens and have completed the ACA Certificate Level. My expertise lies in ...
At Neudata Summit, MoonFox Data Presents AI + Alternative Data Solutions, Empowering Global Institutions to Decode China's Market
Globenewswire· 2025-06-06 11:00
SHENZHEN, China, June 06, 2025 (GLOBE NEWSWIRE) -- MoonFox Data, China’s leading provider of all-scenario data insights and analytics services, was recently invited to deliver a keynote address at the Neudata Hong Kong Data Summit 2025, held at the Hong Kong Cordis Hotel. Senior Analyst Max Ma presented "Navigating China's Market Pulse in 2025: Data-Driven Strategic Investment Insights," offering global investment institutions and enterprise clients an in-depth analysis of the latest trends in China's macro ...
Nasdaq Launches Exclusive Access to Nasdaq Private Market's Tape D® API to Deliver Advanced Visibility into Private Markets
GlobeNewswire News Room· 2025-06-04 14:35
Core Insights - Nasdaq has partnered with Nasdaq Private Market to enhance price transparency and valuation insights for private companies, particularly pre-IPO firms and unicorns through the Tape D private company dataset [1][2][4] Group 1: Product Offering - The Tape D API provides real-time private market pricing by integrating primary round data, secondary market transactions, and accounting data, addressing transparency challenges for investors and banks [2][4] - Nasdaq Private Market has executed nearly $60 billion in transactional volume for over 200,000 individual eligible shareholders and investors across more than 775 company-sponsored liquidity programs since its inception [9] Group 2: Market Context - The private market is increasingly critical for valuation and investment, with over 1,200 unicorns and billions in equity held by private shareholders, highlighting the need for reliable valuation benchmarks [4] - Nasdaq aims to replicate the efficiency and transparency achieved in public markets within the private market sector, enhancing the investment lifecycle for all participants [3][5] Group 3: Strategic Goals - The collaboration with Nasdaq Private Market reflects Nasdaq's commitment to creating an ecosystem that promotes transparency, accessibility, and improved outcomes across the investment spectrum [3][5] - Nasdaq's offerings, including Nasdaq Fund Secondaries, are designed to improve efficiency and scalability in secondary transactions, equipping asset owners with essential research and portfolio management tools [5]
ThoughtSpot Launches Agentic Analytics Platform for Snowflake, Empowering Customers to go from Insights to Actions, Powered by Agents
GlobeNewswire News Room· 2025-06-03 19:00
Core Insights - ThoughtSpot has launched a new offering of its Agentic Analytics Platform specifically designed for integration with Snowflake, enhancing data analytics capabilities for users [1][7] - The collaboration allows hundreds of Snowflake customers, including major companies like Hyatt and PepsiCo, to leverage advanced analytics and AI features to drive business transformation [1][2] Integration and Features - The integration with Snowflake Cortex AI and Snowpark enables seamless data access and analytics, allowing users to create custom visualizations and perform real-time data analysis without data movement [4][5] - ThoughtSpot's Agentic Semantic Layer automatically connects to Snowflake, simplifying data exploration and ensuring consistency in data analysis [4][6] - The platform includes features like AI Highlights, SpotIQ Change Analysis, and Spotter, which enhance user experience by providing proactive insights and natural language queries [4][6] User Empowerment - The platform is designed to empower users across various roles, from business leaders to data scientists, enabling them to extract actionable insights and build intelligent applications [3][4] - ThoughtSpot aims to democratize data access, allowing users of all technical levels to ask meaningful questions and make data-informed decisions [6][7] Marketplace Availability - ThoughtSpot's Agentic Analytics Platform is now available on the Snowflake Marketplace, facilitating easy procurement and deployment for customers using existing Snowflake credits [5][7] - This integration is expected to accelerate time to value and enhance operational efficiencies for organizations leveraging Snowflake [5][7] Strategic Vision - The leadership at ThoughtSpot emphasizes the importance of integrating AI with human expertise to foster data-driven decision-making within organizations [6][7] - The goal is to create a more fact-driven world by empowering users to explore data and uncover insights quickly and effectively [8][9]
Clarivate Completes Refinancing of Majority of Senior Secured Notes Due 2026
Prnewswire· 2025-06-02 12:30
Core Viewpoint - Clarivate Plc has successfully completed an incremental upsize of its term loan B credit facility, taking advantage of improved credit market conditions to extend the maturity of its 2026 debt [1][3]. Financial Summary - The company incurred a new $500 million tranche of incremental term loans maturing in 2031, with an interest rate margin of 325 basis points per annum, and these loans will not be subject to amortization [2]. - The proceeds from the new term loans were used to redeem $500 million of the outstanding 4.50% senior secured notes due 2026, leaving $200 million of the notes remaining outstanding after the partial redemption [2]. Management Commentary - The Executive Vice President and Chief Financial Officer of the company expressed satisfaction with the ability to extend the majority of the 2026 debt maturity, highlighting the company's strong cash flow and flexibility in capital allocation moving forward [3].
Down 24%, Should You Buy the Dip on BigBear.ai?
The Motley Fool· 2025-05-31 19:08
Core Viewpoint - BigBear.ai has experienced significant volatility in its stock price, with a 142% increase over the past year, but has recently faced a 24% decline in the last three months, raising concerns about its growth potential and profitability [1][2]. Group 1: Sales Performance - BigBear.ai's revenue growth has been disappointing, with only a 5% year-over-year increase to $34.8 million in the most recent quarter, and flat revenue in 2023 with a projected 7% increase for the current year [4][5]. - In comparison, Palantir Technologies, another AI data analytics company, achieved a 29% sales growth last year, highlighting BigBear.ai's underperformance in a rapidly growing market [5]. Group 2: Profitability Concerns - The company reported an adjusted EBITDA loss of $7.0 million in the first quarter, worsening from a loss of $1.6 million in the same quarter the previous year, indicating ongoing financial struggles [6][7]. - Increased research and development expenses, along with rising selling, general, and administrative costs, are contributing to the company's inability to achieve profitability [7]. Group 3: Leadership Instability - BigBear.ai has undergone significant leadership changes, having three CEOs in the past four years, which raises concerns about the company's strategic direction and stability [8][9]. - The current CEO, Kevin McAleenan, has been in position since January and has a background in government, which may influence the company's ability to secure government contracts, but stability in leadership is crucial for long-term success [9]. Group 4: Investment Outlook - Given the combination of weak sales growth, ongoing losses, and leadership changes, the current outlook for BigBear.ai suggests it is not a favorable investment opportunity in a market with more compelling AI stocks [10].
NowVertical Secures Up to $26 Million USD in Financing with HSBC to Fuel Growth
Globenewswire· 2025-05-30 12:00
Core Viewpoint - NowVertical Group Inc. has entered into a senior secured facilities agreement with HSBC UK Bank, providing access to credit facilities of up to $26 million, which will significantly lower the company's cost of capital and enhance access to non-dilutive funding [1][2][3]. Group 1: Financing Details - The Facilities Agreement allows NowVertical UK Ltd. and NowVertical Group, Inc. to access credit facilities of up to $18 million, with the potential to increase this by an additional $8 million upon HSBC's approval, totaling up to $26 million [2]. - The financing includes a $6 million term loan, amortizing over 5 years, and a $12 million revolving credit facility with an initial 3-year term, extendable for up to 24 months [3][4]. - The interest rates on the Facilities range from 2.25% to 3.75% for the term loan and from 1.75% to 3.25% for the revolving credit facility, with an initial blended interest rate of approximately 7.25% [4]. Group 2: Strategic Implications - The financing agreement is described as transformational, simplifying the capital structure by consolidating existing debt into a single long-term facility, which will provide immediate access to capital for organic growth and strategic acquisitions [3]. - The company plans to use a portion of the funds to repay existing debt, thereby preserving cash and reducing the overall cost of capital [3][5]. - The agreement reflects institutional confidence in NowVertical's vision and growth strategy, positioning the company for scalable and strategic growth [3][6]. Group 3: Company Overview - NowVertical is a global data and analytics company that helps clients transform data into business value using AI, offering a comprehensive suite of solutions and services [8]. - The company is focused on organic growth and strategic acquisitions, aiming to optimize decision-making and improve operational efficiency for its clients [8].
Comscore Adds Consumer AI Tool Usage Data to Its Industry-Leading Suite of Reporting
Globenewswire· 2025-05-29 12:15
Over 30% of U.S. internet users now use AI tools each month, marking a significant shift in digital behaviorRESTON, Va., May 29, 2025 (GLOBE NEWSWIRE) -- Comscore (NASDAQ: SCOR), a global leader in measuring and analyzing consumer behavior, today announced the addition of consumer AI tool usage data to its industry-leading suite of reporting. This new data set captures site visitation metrics for 117 AI tools and features across nine distinct categories, spanning both PC and mobile platforms. With this laun ...