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Velshi Banned Book Club: ‘This Is My America’ by Kim Johnson
MSNBC· 2025-07-12 21:00
Tracy Bowman is 17 years old. She has an older brother named Jamal who's a track star destined to run at Baylor University, a baby sister, and a beautiful protective mother. Tracy has her own column dedicated to racial justice in her school newspaper.Her friend Tasha always makes her laugh. She's considering dating her friend Dean. Tracy is a normal teenager, but she's dealt with something extraordinary painful, the wrongful conviction of her father.And then the same thing happens to her brother. When the u ...
Is American Century U.S. Quality Value ETF (VALQ) a Strong ETF Right Now?
ZACKS· 2025-07-11 11:20
Core Insights - The American Century U.S. Quality Value ETF (VALQ) debuted on January 11, 2018, and provides broad exposure to the Style Box - All Cap Value category of the market [1] - VALQ is managed by American Century Investments and aims to match the performance of the American Century U.S. Quality Value Index, focusing on undervalued large and mid-cap companies with sustainable income [5] Fund Characteristics - VALQ has accumulated over $251.3 million in assets, making it one of the larger ETFs in its category [5] - The fund has an annual operating expense ratio of 0.29%, which is competitive within its peer group, and a 12-month trailing dividend yield of 1.73% [6] - The fund's portfolio is heavily allocated to the Information Technology sector, which represents 26% of its holdings, followed by Healthcare and Consumer Staples [7] Holdings and Performance - Cisco Systems Inc (CSCO) is the largest individual holding at approximately 2.81% of total assets, with the top 10 holdings accounting for about 25.2% of VALQ's total assets [8] - Year-to-date, VALQ has increased by 4.56% and has risen by 12.57% over the last 12 months as of July 11, 2025, with a trading range between $54.09 and $64.64 in the past 52 weeks [10] - The fund has a beta of 0.87 and a standard deviation of 14.59% over the trailing three-year period, indicating effective diversification of company-specific risk with approximately 231 holdings [10] Alternatives - While VALQ is a viable option for investors looking to outperform the Style Box - All Cap Value segment, there are alternative ETFs such as Fidelity High Dividend ETF (FDVV) and iShares Core S&P U.S. Value ETF (IUSV) that may offer lower expense ratios and different risk profiles [11][12]
Delta Air Lines Weathers The Storm: CEO Expects 'Demand To Accelerate' To Wrap 2025
Benzinga· 2025-07-10 22:56
Delta Air Lines, Inc. DAL delivered a jolt of optimism to Wall Street Thursday, as its stock surged 12% after the company reported better-than-expected second-quarter earnings and reinstated its full-year profit outlook. The rally led airline stocks higher across the board with investor confidence returning to the sector. The Details: Delta reported adjusted earnings of $2.10 per share, topping expectations of $2.05. Passenger revenue surged 26% to $13.88 billion and operating revenue for the quarter was $1 ...
Delta(DAL) - 2025 Q2 - Earnings Call Transcript
2025-07-10 15:02
Financial Data and Key Metrics Changes - The company reported a pretax income of $1.8 billion, with earnings of $2.1 per share, and achieved record quarterly revenue of $15.5 billion, reflecting a year-over-year increase of approximately 1% [7][17] - The operating margin was 13.2%, and free cash flow generated during the quarter was $700 million, bringing the year-to-date total to $2 billion [7][27] - Non-fuel unit cost growth was 2.7%, consistent with previous quarters, indicating effective cost management despite operational challenges [27][30] Business Line Data and Key Metrics Changes - Premium revenue grew by 5% year-over-year, while loyalty revenue increased by 8%, demonstrating strong customer engagement, particularly among millennial and Gen Z segments [19][20] - Revenue from Delta's travel products portfolio grew by 8%, with significant growth in cars, stays, and cruise products [21] - Cargo revenue increased by 7% year-over-year, and MRO revenue accelerated to 29% growth, reflecting higher volumes and work scopes [21][22] Market Data and Key Metrics Changes - Overall demand for air travel remained stable compared to the previous year, with softness primarily in the main cabin during off-peak periods [9][10] - The company noted that corporate revenue improved modestly year-over-year, with premium products showing sustained strength [21][22] - The company expects revenue growth for September to be flat to up 4% year-over-year, indicating stable demand across consumer and corporate segments [22][30] Company Strategy and Development Direction - The company is focused on managing capacity to match demand and controlling costs to deliver strong earnings and free cash flow [11][12] - Strategic investments are being made to enhance the travel experience, expand customer choice, and deepen loyalty to the Delta brand [24][25] - The company is also investing in technology to optimize revenue through AI-enhanced pricing solutions and improving operational efficiency [15][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to restore financial guidance for the full year, expecting earnings per share of $5.25 to $6.25 and free cash flow of $3 billion to $4 billion [12][30] - The management highlighted a stable demand environment and anticipated improvements in unit revenue trends as the industry rationalizes domestic supply [23][30] - There is optimism regarding the recovery of business travel, with indications that consumer confidence is improving [46][68] Other Important Information - The company announced a 25% increase in its quarterly dividend, reflecting strong cash generation and commitment to returning cash to shareholders [7][30] - The company has a fully funded pension and significant unencumbered assets, which supports its investment-grade rating [29][105] Q&A Session Summary Question: Can you elaborate on industry capacity in 3Q and 4Q? - Management noted a significant reduction in industry capacity, particularly in off-peak periods, which is expected to support profitability [35][36] Question: How is the cabin segmentation being received? - Management indicated that there is strong demand for premium cabins, and they are focused on providing more choices and pricing options [37][41] Question: What are the trends in corporate demand? - Management reported that corporate spending is expected to remain stable or increase, with favorable sectors including banking and technology [62] Question: How is the booking curve shifting? - Management acknowledged that the booking curve has shifted closer in, but there are signs of improvement as consumer confidence returns [108][110] Question: What is the outlook for MRO revenue? - Management expressed optimism about MRO revenue growth, indicating potential for significant increases in the coming years [100][99]
Delta(DAL) - 2025 Q2 - Earnings Call Transcript
2025-07-10 15:00
Financial Data and Key Metrics Changes - The company reported a pretax income of $1.8 billion, with earnings of $2.1 per share and an operating margin of 13.2% [7][27] - Free cash flow for the quarter was $700 million, bringing year-to-date free cash flow to $2 billion [7][27] - A 25% increase in the quarterly dividend was announced, reflecting strong cash generation [7][29] Business Line Data and Key Metrics Changes - June revenue increased approximately 1% year-over-year to $15.5 billion, with premium revenue growing 5% [18][19] - Loyalty revenue grew 8%, with significant engagement from millennial and Gen Z segments [19][20] - Cargo revenue increased by 7% year-over-year, while MRO revenue accelerated to 29% growth [21] Market Data and Key Metrics Changes - Overall demand for air travel remains stable compared to last year, with softness primarily in the main cabin during off-peak periods [9][22] - Corporate revenue improved modestly year-over-year, with Delta's share premium at historic highs [21] - International margins have structurally improved, reflecting the success of strategic investments [21] Company Strategy and Development Direction - The company is focused on elevating its airline status, expanding its global footprint, and investing in technology [13][16] - New partnerships, such as the equity stake in WestJet and collaboration with Indigo, are aimed at enhancing international growth potential [15] - The company is adjusting capacity to match demand and managing costs to deliver strong earnings and free cash flow [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of the U.S. economy and anticipated improvements in consumer and corporate confidence [10][12] - The company expects earnings per share for the full year to be between $5.25 and $6.25, with free cash flow projected at $3 billion to $4 billion [12][31] - Management noted that while business travel has returned, there is still potential for growth as the economy stabilizes [47][68] Other Important Information - The company is leveraging AI for revenue optimization through partnerships with technology firms [16][60] - The operational performance has been strong despite challenges from severe weather, with a focus on efficiency across operations [27][91] - The company has a fully funded pension and significant unencumbered assets, enhancing its financial stability [28][101] Q&A Session Summary Question: Can you elaborate on industry capacity in 3Q and 4Q? - Management noted a significant reduction in industry capacity, with domestic industry seats down close to 1% by September, indicating a positive adjustment to restore profitability [35][36] Question: How is cabin segmentation being received? - Management confirmed that there is strong demand for premium cabins, and they are focused on providing more choices and pricing options to customers [37][42] Question: What is the outlook for corporate demand post-Labor Day? - Management indicated that most sectors are expected to maintain or increase spending, with banking and technology showing favorable trends [62] Question: How do tariffs impact aircraft deliveries? - Management stated they do not plan on paying tariffs for aircraft deliveries and are encouraged by ongoing discussions in Washington [54] Question: What is the status of AI and revenue management solutions? - The company is currently testing AI solutions on about 3% of its domestic network, aiming for 20% by year-end, and is optimistic about the results [60] Question: How is the booking curve changing? - Management observed that advanced bookings are improving, with the highest cash sales day recorded in July, indicating a positive trend [69][70]
American Rebel Holdings, Inc. (NASDAQ: AREB) Announces American Rebel Light Beer Distribution Expansion: Rebel Light Launches in Mississippi with Clark Beverage Group, Inc.
Globenewswire· 2025-07-10 14:30
American Rebel Holdings Inc American Rebel Light Beer Distribution Expansion: Rebel Light Launches in Mississippi with Clark Beverage Group, Inc. “Rebel Light” rollout momentum continues and now includes Mississippi in partnership with Clark Beverage Group, bringing America’s Patriotic Beer to Mississippi tailgates, retailers, and proud Rebels everywhere NASHVILLE, TN, July 10, 2025 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc. (NASDAQ: AREB), maker of America’s Patriotic, God-Fearing, Constitution- ...
BioStem Technologies to Present at the Advanced Wound Care Summit in Boston on July 15, 2025, at 2:00 PM ET
Globenewswire· 2025-07-10 12:54
Company Overview - BioStem Technologies, Inc. is a leading MedTech company focused on the development, manufacturing, and commercialization of placental-derived products for advanced wound care [5] - The company utilizes its proprietary BioREtain processing method to maintain growth factors and preserve tissue structure in its allografts [5] Market Position and Opportunities - Jason Matuszewski, Chairman and CEO, will present BioStem's current position in the chronic wound care market and key opportunities for growth at the Advanced Wound Care Summit on July 15, 2025 [1] - The company aims to drive continued growth in its core allograft business while pursuing opportunities to expand its portfolio across the continuum of care [8] Event Details - The Advanced Wound Care Summit will take place from July 15 to 17, 2025, bringing together global leaders in wound care innovation and clinical research [3] - The summit will feature keynote presentations, interactive panels, and strategic networking opportunities to address unmet needs in chronic wound management [3] Quality and Compliance - BioStem's quality management systems and standard operating procedures are accredited by the American Association of Tissue Banks (AATB) and adhere to Good Tissue Practices (cGTP) and Good Manufacturing Processes (cGMP) [6] - The company's products are processed at an FDA registered and AATB accredited site in Pompano Beach, Florida [6]
Award-Winning Producer Doug Grau to Spearhead Creation of American Rebel Productions, a New Content Arm of American Rebel Holdings, Inc.
Globenewswire· 2025-07-10 12:00
NASHVILLE, TN, July 10, 2025 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), the creator of American Rebel Beer (americanrebelbeer.com) and a leading designer and marketer of branded safes, personal security products, and patriotic apparel, today announced plans to expand its brand platform through the formation of a new wholly owned subsidiary, American Rebel Productions, LLC. As part of this strategic initiative, the Company has entered into a professi ...
American Airlines Uses AI to Digitally Transform Travel
PYMNTS.com· 2025-07-07 22:47
Core Insights - American Airlines is enhancing its travel experience by integrating artificial intelligence (AI) into its operations, including predicting missed flights and rebooking options during disruptions [1][2][5] - The airline has established a governance framework to ensure responsible use of AI technologies, focusing on privacy and security [3][4] AI Implementation - AI is embedded in the redesigned mobile app, allowing features such as rebooking during adverse weather and real-time travel updates [1][4] - The AI chatbot has been upgraded to assist customers in finding alternate routes when travel plans are disrupted [5] Operational Efficiency - American Airlines is using AI to predict which travelers may miss connecting flights, potentially delaying flights to accommodate them [5] - According to OAG, nearly 25% of U.S. commercial airline flights were delayed by at least 15 minutes last year, highlighting the importance of operational efficiency [6] Technology Investment - The airline increased its technology budget by 20% last year to support its technology reengineering efforts [7] - American Airlines is modernizing its technology stack to improve productivity and resilience in operations [8][11] Customer Experience - The redesigned mobile app offers a more intuitive user experience, enabling self-service features and travel research [11] - New hardware has been implemented at airports to reduce check-in times to a couple of minutes, enhancing customer interaction and reducing friction in the travel journey [12]
Gildan Recognized as One of Canada’s Best 50 Corporate Citizens by Corporate Knights and Among TIME’s World’s Most Sustainable Companies
Globenewswire· 2025-07-07 13:15
Core Insights - Gildan Activewear Inc. has been recognized on Canada's Best 50 Corporate Citizens list for the fourth consecutive year, being one of only two companies in the Textiles and Clothing Manufacturing sector to achieve this honor [1] - The company is also featured on TIME's World's Most Sustainable Companies list, marking its presence as one of 13 Canadian companies and one of only two in the "Apparel, Footwear & Sporting Goods" subcategory [1] Group 1: Recognition and Awards - Gildan's inclusion in Canada's Best 50 Corporate Citizens is based on a dataset of companies with over $1 billion in annual revenues, evaluated on 25 key performance indicators (KPIs) related to sustainability and corporate responsibility [2] - TIME's World's Most Sustainable Companies list identifies the top 500 companies from a pool of 5,000, assessed across more than 20 key indicators, including sustainability ratings and commitments from reputable organizations [3] Group 2: Company Overview - Gildan is a leading manufacturer of everyday basic apparel, offering products such as activewear, underwear, and socks, marketed under various brands including Gildan®, American Apparel®, and Champion® [4] - The company operates large-scale, vertically integrated manufacturing facilities primarily located in Central America, the Caribbean, North America, and Bangladesh, with a strong commitment to labor, environmental, and governance practices [5]