Financial Data and Key Metrics Changes - Broadridge reported a 7% increase in recurring revenue on a constant currency basis for fiscal year 2025, with adjusted EPS growing by 11% to $8.55 [5][32] - The company generated $1.1 billion in free cash flow, representing 104% of adjusted net income, and closed sales totaled $288 million for the year [30][44] - The adjusted operating income margin for the fourth quarter was 27%, a decline of 180 basis points year-over-year, while the full year margin was 20.5%, an increase of 50 basis points [43][32] Business Line Data and Key Metrics Changes - Governance recurring revenues rose 6% to $2.7 billion, driven by a 16% increase in equity shareholder positions [7][34] - Capital Markets revenues grew 6% to $1.1 billion, with a notable 4% growth in the fourth quarter, driven by new sales and higher trade volumes [12][36] - Wealth and Investment Management revenues increased by 26% in the fourth quarter, with 11% organic growth, and full year revenues rose 12% due to the acquisition of SIS [15][38] Market Data and Key Metrics Changes - The number of equity shareholder positions rose 16% in fiscal 2025, with revenue-generating positions growing by 12% [7][39] - Daily average trading volumes in June reached over $200 billion, significantly up from $100 billion earlier in the year [15][62] - Fund position growth was 7%, with strong demand for both equity and fixed income funds [8][39] Company Strategy and Development Direction - Broadridge is focused on democratizing and digitizing governance, simplifying capital markets, and modernizing wealth management [5][25] - The company aims to leverage its investments in technology to enhance its platform capabilities and drive innovation [26][28] - The acquisition of Aklan is expected to deepen Broadridge's role as an intermediary and enhance fund data quality [11][46] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the macro environment, noting a bounce back in capital markets activity and increased confidence from investors [4][5] - The outlook for fiscal 2026 includes expected recurring revenue growth of 5% to 7% and adjusted EPS growth of 8% to 12% [6][49] - Management highlighted the importance of regulatory changes and digital asset legislation as opportunities for growth [21][28] Other Important Information - Broadridge's Board approved an 11% increase in the annual dividend to $3.9 per share, marking the 13th double-digit increase in the last 14 years [6][48] - The company has a recurring revenue backlog of $430 million, providing visibility into future growth [31][80] Q&A Session Summary Question: Sales cycle elongation in GTO segment - Management acknowledged longer sales cycles compared to the previous year but emphasized strong underlying demand in key areas [56][58] Question: Impact of Distributed Ledger Repo on sales - Management noted that while the Distributed Ledger Repo product is not a major driver for overall sales, it has seen significant client interest and growth [60][64] Question: Backlog duration and conversion - Management indicated that backlog duration varies by product type, with some wealth sales taking longer to convert compared to ICS products [78][80] Question: Capital Markets revenue guidance - Management explained that the lower guidance for Capital Markets revenue is partly due to the exit of a business, which is expected to have a modest impact [72][74] Question: Debt profile management - Management expressed confidence in the current debt level and plans to roll forward upcoming debt maturities [99]

Performance Overview - The German DAX has increased by 33% over the past year, outperforming the S&P 500's total performance [1] - The DAX is a total return index, meaning dividends are included in its performance metrics [1] Market Context - The DAX is recognized as the largest stock market in the Euro Area [1] - The strong performance of the DAX indicates a robust market environment in the Eurozone [1]

SoFi continues to attract more customers to its booming platform. SoFi's (SOFI 2.80%) recent quarterly report showed that customers continue to flock to the platform. And the company is using that growth and a shift in how it funds loans to drive profits higher. *Stock prices used were end-of-day prices of Aug. 1, 2025. The video was published on Aug. 4, 2025. ...

点评：金融及咨询业务收入增长，依旧是中流砥柱，毛利率上行。1H25公司金融及咨询业务、设备运 营、产业运营分别实现收入110.90 亿元（yoy+2.1%）、43.50 亿元（yoy-10.7%）、17.97 亿元（yoy- 15.5%），占营业收入比例分别为64.0%、25.1%、10.4%，分别同比+3.7、-1.9、-1.4 个百分点。从毛利 率来看，1H25 三项业务毛利率分别为57.5%、21.6%、18.0%，分别同比+1.7、-10.4、-3.9 个百分点。 生息资产规模持平，行业分布有所调整，净收益率小幅上行。1H25 公司生息资产规模为2666.26 亿元， 环比上年末增长2.3%。分行业来看，城市公用行业规模为818.81 亿元，环比下降7.0%，占比环比下降 3.1 个百分点至30.7%，但仍是占比最大的行业；机械制造行业规模为196.98 亿元，环比增长20.7%，是 规模增长最快的行业。从收益率来看，1H25 公司生息资产平均收益率环比上年末增长0.02 个百分点至 8.08%，计息负债成本率则环比下降0.04 个百分点至4.02%，带动净利息收益率环比上升0.03 个百分点 至4. ...

Core Viewpoint - The article highlights the efforts of Chengliu Town in Jiyuan City to enhance the business environment and stimulate market vitality through the "Xinyi Loan" platform, focusing on "credit empowerment" to promote high-quality economic development in the region [1]. Group 1: Promotion Strategies - Chengliu Town employs a multi-faceted promotional strategy that combines online and offline methods, including home visits and discussions to provide face-to-face explanations of the platform's operation, loan policies, and benefits [4]. - The town utilizes social media platforms like the "Impression Chengliu" public account and WeChat groups to disseminate information about the "Xinyi Loan" platform in an accessible manner, emphasizing the importance of credit records for businesses [4]. Group 2: Precision Services - For businesses with financing needs, Chengliu Town organizes staff to understand their operational status and financing requirements, providing one-on-one services to guide them through the registration, certification, and financing request processes [5]. - This hands-on approach not only enhances businesses' confidence in the platform but also improves their satisfaction with government services, facilitating a precise match between financing needs and credit resources [5]. Group 3: Current Status and Future Plans - As of now, over 150 various business entities have registered on the "Xinyi Loan" platform in Chengliu [7]. - Chengliu Town plans to continue deepening the promotion of the "Xinyi Loan" initiative, innovating service methods, and increasing publicity efforts to ensure the platform effectively supports business development and contributes to high-quality economic growth in the region [7].

Group 1 - The company, HCM III Acquisition Corp, has successfully closed its initial public offering (IPO) of 25,300,000 units, including 3,300,000 units from the underwriter's over-allotment option, at a price of $10.00 per unit [1] - The units began trading on August 1, 2025, on the Nasdaq Global Market under the symbol "HCMAU," with each unit consisting of one Class A ordinary share and one-third of a redeemable warrant [1] - The whole warrants are exercisable to purchase one Class A ordinary share at a price of $11.50 per share, and once separate trading begins, the shares and warrants will be listed under the ticker symbols "HCMA" and "HCMAW," respectively [1] Group 2 - The company aims to identify businesses that provide disruptive technology or innovations within the financial services industry, focusing on acquiring established businesses that are fundamentally sound but require assistance to maximize their potential value [2][5] - The leadership team includes Shawn Matthews as Chairman and CEO, and Steven Bischoff as President and CFO [2] Group 3 - Cantor Fitzgerald & Co. acted as the sole bookrunner for the offering, with a registration statement filed and declared effective by the SEC on July 31, 2025 [3]

Analysts at investment bank Compass Point downgraded @Coinbase stock to “Sell” from “Neutral” on Sunday, flagging increased stablecoin competition and growing investor fatigue as potential headwinds for the crypto exchange in the second half of this year. https://t.co/yAje2zozTA ...

Core Points - Security National Financial Corporation will hold an earnings call on August 15, 2025, to discuss its Q2 earnings [1][2] - The call will last approximately 30 minutes and will include a review of the company's Q2 results and updates from its three business segments [2] - Shareholders can access the earnings call through a provided link or directly from the company's Investor Relations page [2] Company Information - The earnings call is scheduled to start at around 1 PM (MDT) on August 15 [2] - The call may include a Q&A session if time allows [2]

Core Viewpoint - MarketAxess Holdings Inc. (MKTX) is expected to report second-quarter 2025 results on August 6, with earnings estimated at $1.94 per share, reflecting a 12.8% increase year-over-year [1] Earnings Estimates - The Zacks Consensus Estimate for revenues is $218 million, indicating a 10.1% growth from the previous year [2] - The second-quarter earnings estimate has seen four upward revisions and three downward movements in the last 30 days [2] Earnings Surprise History - MarketAxess has consistently beaten earnings estimates in the last four quarters, with an average surprise of 2.67% [3] - The company has a positive Earnings ESP of +0.95%, with the Most Accurate Estimate at $1.96 per share [4] Factors Influencing Q2 Results - Increased trading volumes and market share gains in credit products are expected to boost credit commission revenues to $138.4 million, an 8.4% year-over-year increase [5][6] - Solid trading volumes in international markets and new product areas are anticipated to contribute to overall commission growth, with a consensus estimate of $189 million, reflecting a 9.9% increase from the prior year [8] Trading Volume and Revenue Projections - The consensus estimate for total trading volume is 2.9 million, representing a 33.3% growth year-over-year [9] - Information services revenues are projected at $13.4 million, indicating a 6.5% rise from the previous year [10] Expense Outlook - Total expenses are expected to reach $125.7 million, marking an 8.1% increase year-over-year due to ongoing investments in trading and data capabilities [11]

Walter "Walt" Bettinger, president and CEO of Charles Schwab, speaks during the 2015 Fortune Global Forum in San Francisco, Nov. 3, 2015.Company insiders at United Airlines, NXP Semiconductors and Charles Schwab made some notable stock sales last week.Investors may follow moves by company executives and officers to gauge what may be happening within the businesses. However, the motivations behind executive stock sales can vary.The data comes from VerityData and is confirmed against the original Securities a ...