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UTime Limited Announces 1-for-100 Reverse Stock Split
Globenewswire· 2025-11-12 21:10
Core Viewpoint - UTime Limited will implement a reverse stock split at a ratio of 1-for-100, effective November 21, 2025, to increase its share price and comply with Nasdaq's minimum bid price requirement [1]. Company Overview - UTime Limited, trading under the NASDAQ ticker WTO, is involved in the design, development, production, sales, and brand operation of mobile devices both in China and globally, aiming to provide cost-effective products to a broad customer base [3]. Reverse Stock Split Details - The reverse stock split will not result in fractional shares; any fractional shares will be rounded up to the nearest whole share, and positions held electronically will be automatically updated [2]. - The Class A ordinary shares will begin trading on a split-adjusted basis on Nasdaq under the ticker symbol "WTO" starting November 21, 2025 [1].
UBS Raises Dell Technologies (DELL) Price Target on Strong AI Server Revenue Outlook
Yahoo Finance· 2025-10-20 10:31
Group 1 - Dell Technologies Inc. is recognized as one of the top consumer electronics stocks to invest in, with UBS maintaining a Buy rating and raising the price target from $155 to $186, reflecting a 20% increase due to anticipated AI server revenue growth of 20% to 25% [1] - The company has revised its earnings per share (EPS) growth forecast to over 15%, exceeding the previous estimate of over 10%, and has increased its long-term revenue growth target to 7%-9%, surpassing UBS's earlier projection of 6%-8% [2] - UBS has adjusted its long-term EPS compound annual growth rate prediction to at least 12%, which is 500 basis points higher than the previous target of 7%, addressing concerns regarding AI margins [2] Group 2 - Dell Technologies designs, develops, manufactures, and maintains a variety of IT infrastructure products, including workstations, laptops, desktop computers, mobile devices, storage solutions, software, and cloud services [3]
What You Need to Know Ahead of CDW Corporation's Earnings Release
Yahoo Finance· 2025-10-13 11:45
Core Insights - CDW Corporation, based in Vernon Hills, Illinois, is a leading provider of IT solutions with a market capitalization of $19 billion, offering a range of products including hardware, software, cloud computing, and security solutions [1] Financial Performance - Analysts anticipate CDW will report a diluted earnings per share (EPS) of $2.53 for the fiscal third quarter of 2025, reflecting a 3.1% decrease from $2.61 in the same quarter last year [2] - For the full fiscal year, EPS is projected to be $9.44, which is a 2.2% increase from $9.24 in fiscal 2024, and is expected to rise to $9.99 in fiscal 2026, marking a year-over-year increase of 5.8% [3] Stock Performance - CDW's stock has significantly underperformed, with a decline of 34.6% over the past 52 weeks, contrasting with the S&P 500 Index's gain of 13.4% and the Technology Select Sector SPDR Fund's increase of 20.8% during the same period [4] Recent Earnings Report - On August 6, CDW reported its Q2 results, with an adjusted EPS of $2.60, surpassing Wall Street's expectations of $2.49, and revenue of $5.98 billion, exceeding forecasts of $5.51 billion [5] Analyst Ratings - The consensus opinion among analysts is moderately bullish, with a "Moderate Buy" rating overall. Out of 12 analysts, five recommend a "Strong Buy," two suggest a "Moderate Buy," and five advise a "Hold." The average price target for CDW is $206.80, indicating a potential upside of 42.6% from current levels [6]
UTime Limited Reaffirms Current Leadership and Board Composition Following Issuance of Unauthorized Press Release
Globenewswire· 2025-09-11 20:07
Core Viewpoint - UTime Limited has issued a statement to clarify that its management and board composition remain unchanged despite the circulation of fraudulent press releases claiming otherwise [1][2][3] Group 1: Unauthorized Press Releases - Two fraudulent press releases were published, falsely stating that the Company's management and board had resigned and that the website address had changed [2] - The Company confirms that these Unauthorized Press Releases were not authorized or approved by its leadership [3] - The Company believes these releases were disseminated by a former employee with a history in investor relations, aiming to disrupt business operations [4] Group 2: Company Actions - UTime Limited is taking immediate actions to address the situation, including notifying the SEC about the fraudulent filings and involving authorities for investigation [5] - The Company emphasizes its commitment to transparency and high standards of corporate governance [6] Group 3: Company Overview - UTime Limited, trading under NASDAQ ticker WTO, specializes in the design, development, production, sales, and brand operation of mobile devices [7] - The Company aims to provide cost-effective products and serves a broad customer base globally [7]