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Oxford Lane Capital Corp. Awarded “Best Public Closed‐End CLO Fund” by Creditflux 
GlobeNewswire· 2025-05-16 12:10
Group 1 - Oxford Lane Capital Corp. has been awarded "Best Public Closed-End CLO Fund" by Creditflux, recognizing its performance in the CLO sector [1][2] - The award was presented at the Creditflux Credit Symposium and Manager Awards held in London on May 15, 2025, based on data from December 31, 2023, to December 31, 2024 [2] - Jonathan Cohen, CEO of Oxford Lane, expressed gratitude towards the team and partners for their contributions to this achievement [3] Group 2 - Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company that primarily invests in debt and equity tranches of CLO vehicles [3]
Issue of Equity - DRIS
GlobeNewswire· 2025-05-16 12:10
Core Viewpoint - The company has allotted 2,539,174 Ordinary Shares under its Dividend Reinvestment Scheme at a price of 51.4p per share, increasing its total shares in issue to 315,317,284 [1][2]. Group 1 - The allotment of shares occurred on 16 May 2025 [1]. - The shares were issued at a price of 51.4p each [1]. - The company has applied for the admission of these shares to the Official List of the UK Listing Authority and for trading on the London Stock Exchange, expected around 20 May 2025 [2]. Group 2 - Following the allotment, the total number of Ordinary Shares in issue is now 315,317,284 [2]. - For further inquiries, contact Gary Fraser at Foresight Group [2].
United Natural (UNFI) Surges 7.6%: Is This an Indication of Further Gains?
ZACKS· 2025-05-16 12:06
Group 1: Company Performance - United Natural Foods (UNFI) shares increased by 7.6% to close at $30.57, with notable trading volume compared to typical sessions, and a total gain of 17.3% over the past four weeks [1][2] - The stock's rise is driven by optimism regarding its wholesale segment, new business from existing and newly acquired customers, and the impact of inflation, alongside a focus on lean management and operational efficiency [2] - The company is expected to report quarterly earnings of $0.23 per share, reflecting a year-over-year increase of 130%, with revenues projected at $7.82 billion, up 4.2% from the previous year [3] Group 2: Earnings Estimates and Market Position - The consensus EPS estimate for UNFI has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] - UNFI currently holds a Zacks Rank of 3 (Hold), while another company in the same industry, Campbell's (CPB), has a Zacks Rank of 4 (Sell) and reported a 1.9% increase in its last trading session [4][5] - Campbell's EPS estimate for the upcoming report is $0.65, which is a decrease of 13.3% from the previous year [5]
Alsttom S.A: Board of Directors release
GlobeNewswire· 2025-05-16 12:06
Core Points - The CEO of Alstom, Henri Poupart-Lafarge, has decided not to seek a fourth term, with his current term ending at the General Meeting for the financial year ending March 31, 2027 [1] - The Board of Directors is initiating the process to identify a successor to ensure a smooth transition [1] - The Board expressed satisfaction with the annual results published on May 14, highlighting the effectiveness of Poupart-Lafarge's management [2] - Poupart-Lafarge will continue as CEO until a successor is appointed [2] Company Overview - Alstom is committed to a low carbon future by developing sustainable transportation solutions, including high-speed trains, metros, and digital mobility services [3] - The company operates in 63 countries and employs over 86,000 people from 184 nationalities [3] - For the fiscal year ending March 31, 2025, Alstom generated sales of €18.5 billion [3]
Diebold Nixdorf Modernizes Deutsche Post Branches across Germany
Prnewswire· 2025-05-16 12:04
New agreement includes rollout of POS systems and five-year service contractNORTH CANTON, Ohio, May 16, 2025 /PRNewswire/ -- Deutsche Post, Europe's largest postal service provider, has awarded Diebold Nixdorf (NYSE: DBD) a contract to renew the branch infrastructure in its approximately 13,000 locations across Germany. This also includes the rollout of new hardware systems for the branch counters and related services for at least five years. The new contract opens another chapter in the successful partners ...
Cisco Stock Eyes New Highs in 2025 on AI, Earnings, Upgrades
MarketBeat· 2025-05-16 12:02
Core Viewpoint - Cisco Systems' stock price is expected to reach new highs in 2025 and continue to trend higher into 2026, driven by strong performance in Q3, positive guidance for Q4, and the impact of AI on business strength [1][4]. Financial Performance - Cisco reported Q3 net revenue of $14.15 billion, reflecting an 11.4% year-over-year increase and exceeding MarketBeat's consensus by 65 basis points [5]. - Product sales increased by 15%, while services saw a 3% rise, with all end markets showing growth, particularly a 54% increase in Security [6]. - Adjusted earnings were $0.96, approximately 200 basis points above consensus, indicating a 9% gain for investors [7]. Guidance and Analyst Sentiment - The guidance for Q4 and FY has been raised, with analysts' consensus at or below the lower end of the new targets [8]. - Analysts have increased their price targets for Cisco, with many projecting a range of $70-$75, representing a potential 15% upside [3][10]. Market Trends and Institutional Support - Institutional trends are favorable, with nearly 75% of the stock owned by institutions, providing a solid support base unlikely to sell [10]. - The stock price surged over 5% following the release of Q3 results, indicating positive market sentiment [11]. Dividend and Share Repurchase - Cisco maintains a dividend yield of 2.55% with an annual dividend of $1.64, supported by a solid cash flow and free cash flow [7]. - The company has $15 billion remaining under its share repurchase authorization, expected to last for about 10 quarters at the current pace [9].
Mainz Biomed Announces Interim Read Out For Its eAArly DETECT 2 Clinical Study
GlobeNewswire· 2025-05-16 12:01
Core Insights - Mainz Biomed N.V. plans to provide an interim readout of its eAArly DETECT 2 feasibility study by the end of summer 2025, with top-line results expected in Q4 2025 [1][2] - The study aims to validate a next-generation colorectal cancer screening test that combines proprietary mRNA biomarkers, an AI-developed algorithm, and a FIT test on approximately 2,000 average-risk patients [1][3] - The company is on track to initiate its U.S. pivotal trial, ReconAAsense, in 2026 based on the outcomes of the eAArly DETECT 2 study [2][3] Study Details - The eAArly DETECT 2 study is expected to complete enrollment in the second half of 2025, targeting the reporting of top-line results by Q4 2025 [2] - The study will evaluate the effectiveness of five novel mRNA biomarkers acquired from Sherbrooke University in 2022, which have shown the ability to identify advanced adenomas and early-stage colorectal cancer [3] Company Mission - The company aims to advance its mission of eliminating colorectal cancer and reducing global cancer mortality rates through precise detection of advanced precancerous lesions and early-stage colorectal cancer [3]
Prosafe SE: Extraordinary General Meeting completed
GlobeNewswire· 2025-05-16 12:01
Core Points - An Extraordinary General Meeting (EGM) of Prosafe SE was held virtually on 16 May 2025 [1] - All proposals on the agenda were adopted as per the notice published on 25 April 2025 [1] - Minutes from the EGM are available for download from specified links [1] Company Information - The EGM was conducted via Lumi platform [1] - Contact information for CEO Terje Askvig and CFO Reese McNeel is provided for further inquiries [1] - The information is disclosed in accordance with the Norwegian Securities Trading Act [1]
Howmet Aerospace to Present at Bernstein's 41st Annual Strategic Decisions Conference (SDC)
Prnewswire· 2025-05-16 12:00
Core Viewpoint - Howmet Aerospace Inc. will participate in Bernstein's 41st Annual Strategic Decisions Conference on May 30, 2025, where CEO John C. Plant will present [1] Group 1: Company Overview - Howmet Aerospace Inc. is a leading global provider of advanced engineered solutions for the aerospace and transportation industries [2] - The company's primary businesses include jet engine components, aerospace fastening systems, and airframe structural components [2] - Howmet Aerospace holds approximately 1,170 granted patents, focusing on technologies that enable lighter, more fuel-efficient aircraft and commercial trucks [2] Group 2: Future Announcements - Howmet Aerospace plans to disseminate future announcements regarding company developments and financial performance through its website [3]
Alibaba: Ignore The Noise And Buy For The Long Haul
Seeking Alpha· 2025-05-16 12:00
"We're in an asset bubble, and TQI can help you navigate it profitably"I am Ahan Vashi, a seasoned investor with professional background in equity research, private equity, and software engineering. I currently serve as the Chief Financial Engineer at The Quantamental Investor, a community pursuing financial freedom through bold, active investing with proactive risk management. TQI was established in July 2022 with a singular mission to make investing simple, fun, and profitable for all investors. In alignm ...