Workflow
Amazon and FedEx reach delivery deal following pullback by UPS
Fox Business· 2025-05-13 17:31
Amazon and FedEx have entered a package delivery deal.  Business Insider reported, citing an internal document, that a new agreement between the e-commerce giant and delivery company was inked in late February. Under the deal, FedEx will transport some packages that Amazon customers have ordered to their doors on behalf of the e-commerce giant, according to the outlet.  Amazon spokesperson Steve Kelly told FOX Business the company has "reached an agreement with FedEx to serve as one of several third-party p ...
Atlantic American Corporation Reports First Quarter Results for 2025
GlobeNewswire· 2025-05-13 17:31
ATLANTA, May 13, 2025 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income of $0.8 million, or $0.03 per diluted share, in the first quarter of 2025 compared to net loss of ($2.0) million, or ($0.10) per diluted share, in the first quarter of 2024. The increase in net income for the first quarter of 2025 was primarily the result of an increase in premium revenue and favorable loss experience in the Company’s life and health operations. Premium revenue for the three mont ...
Euroseas (ESEA) Surges 8.7%: Is This an Indication of Further Gains?
ZACKS· 2025-05-13 17:30
Euroseas Ltd. (ESEA) shares rallied 8.7% in the last trading session to close at $38.43. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 19.6% gain over the past four weeks.The uptick followed the 90-day agreement between the United States and China to reduce tariffs. The development has rekindled hopes of easing global trade tensions. With shipping stocks like ESEA being responsible for transporting the majo ...
Coherent Stock Gains 37% in a Year: Should You Book Profits?
ZACKS· 2025-05-13 17:30
Coherent Corp.'s (COHR) stock price has skyrocketed over the past year. The stock has gained 37.3% compared with the industry's 31.2% rise and the 9.2% gain of the Zacks S&P 500 Composite.COHR’s industry peers, Crane NXT, Co. (CXT) and Jamf (JAMF) have declined over the past year. Shares of CXT and JAMF have lost 7.91% and 33.6%, respectively, in the same time frame.One-Year Price PerformanceImage Source: Zacks Investment ResearchCoherent has outperformed Crane NXT, Jamf, and the industry in the past month. ...
KFS Stock Gains Despite Q1 Earnings Decline, Revenue Rises on Buyouts
ZACKS· 2025-05-13 17:30
Shares of Kingsway Financial Services Inc. (KFS) have gained 0.6% since the company reported its earnings for the quarter ended March 31, 2025. This compares to the S&P 500 Index’s 3.8% gain over the same time frame. Over the past month, the stock has gained 13.8%, outperforming the S&P 500’s 7.7% growth.Revenue Growth and Segment PerformanceKingsway Financial reported an 8.4% year-over-year increase in consolidated revenues to $28.3 million in the first quarter of 2025 from $26.2 million in the year-ago qu ...
Cisco to Collaborate with AI Infrastructure Partnership to Drive Investment in Data Centers and Enabling Infrastructure
Prnewswire· 2025-05-13 17:29
Cisco to work with BlackRock, Global Infrastructure Partners, MGX, Microsoft, NVIDIA and xAI to accelerate innovation and scaling of AI data centersSAN JOSE, Calif., May 13, 2025 /PRNewswire/ -- Cisco today announced that it will collaborate with the AI Infrastructure Partnership (AIP), which is led by BlackRock, Global Infrastructure Partners (GIP), MGX, Microsoft, NVIDIA and xAI. Cisco's addition as a technology partner to AIP, alongside previously announced energy collaborations with GE Vernova and NextE ...
Cisco Expands Partnership with Saudi Arabia to Power the AI Future
Prnewswire· 2025-05-13 17:26
Cisco to Join HUMAIN's Initiative to Build the Kingdom's Future AI Infrastructure News Summary: Cisco to partner with Saudi Arabia's new HUMAIN AI enterprise to power AI infrastructure and ecosystem growth. New investments in research, talent and digital skills aim to accelerate the Kingdom's AI journey. The partnership supports Vision 2030 by advancing Saudi Arabia's transformation into a leading, diversified digital economy.RIYADH, Saudi Arabia, May 13, 2025 /PRNewswire/ -- Cisco, the global leader in net ...
Simon Property Q1 FFO Beats Estimates on Higher Revenues
ZACKS· 2025-05-13 17:25
Simon Property Group, Inc.’s (SPG) first-quarter 2025 real estate funds from operations (FFO) per share of $2.95 surpassed the Zacks Consensus Estimate of $2.91. This compares to a real estate FFO of $2.91 per share a year ago.Results reflect an increase in revenues, backed by a rise in the base minimum rent per square foot and occupancy levels. SPG reaffirmed its guidance for 2025 real estate FFO per share.Simon Property generated revenues of $1.47 billion in the quarter, which missed the Zacks Consensus E ...
Arm Holdings Plummets 22% in 3 Months: Buy, Sell or Hold the Stock?
ZACKS· 2025-05-13 17:25
Arm Holdings plc (ARM) stock has lost significantly over the past three months. Shares have plunged 21.8% compared with the industry’s and the Zacks S&P 500 Composite’s declines of 14.4% and 7.8%, respectively.Three-Month Price PerformanceImage Source: Zacks Investment ResearchInvestors may wonder whether now is the right time to make a move on ARM stock, given its weakness over the past three months. Let’s analyze to conclude.Strategic Expansion in Server Market Aids Arm HoldingsARM’s tendency to expand it ...
Strength Seen in ZIM (ZIM): Can Its 14.0% Jump Turn into More Strength?
ZACKS· 2025-05-13 17:25
ZIM Integrated Shipping Services (ZIM) shares rallied 14% in the last trading session to close at $16.26. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.5% gain over the past four weeks.The uptick followed the 90-day agreement between the United States and China to reduce tariffs. The development has rekindled hopes of easing global trade tensions. With shipping stocks like ZIM being responsible for transp ...