Meren: A Sustainable 20% FCF Yield And 11% Dividend
Seeking Alpha· 2025-05-16 13:16
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Africa Oil Corporation ( OTCPK:AOIFF ) has announced it's changing its name to Meren Energy. The $900 million company recently announced very impressive 1 ...
Here's Why Hold Strategy is Apt for Imperial Oil Stock Now
ZACKS· 2025-05-16 13:16
Imperial Oil Limited (IMO) has experienced a notable 3.3% increase in its share price over the past year, outperforming the broader oil and energy sector, which saw a decline of 7.2%. The company has also outpaced its competitors within the Canadian Oil and Gas Exploration and Production sub-industry, with Cenovus Energy Inc. (CVE) and Canadian Natural Resources Limited (CNQ) reporting declines of 32.5% and 19.8%, respectively, during the same time. Such relative strength naturally leads investors to ask: I ...
Modine Gears Up to Report Q4 Earnings: Here's What to Expect
ZACKS· 2025-05-16 13:16
Modine Manufacturing Company (MOD) is slated to release fourth-quarter fiscal 2025 results on May 21, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share (EPS) and revenues is pegged at 95 cents and $629.47 million, respectively.For the fiscal fourth quarter, the consensus estimate for Modine’s earnings has moved down a penny in the past seven days. Its bottom-line estimates imply 23.38% growth from the year-ago reported numbers. The Zacks Consensus Estim ...
Huntington Expands Commercial Banking Capabilities in Florida
ZACKS· 2025-05-16 13:16
Huntington Bancshares Incorporated (HBAN) continues to extend its commercial banking business across the country by bringing its middle-market banking capabilities to Florida.The Florida expansion is the latest growth strategy for HBAN, which has expanded its middle-market banking presence into North Carolina, South Carolina and Texas over the last couple of years.Details of HBAN Commercial Banking ExpansionIn sync with its efforts to expand commercial banking in Florida, HBAN has hired middle-market banker ...
Reasons to Include DTE Energy Stock in Your Portfolio Right Away
ZACKS· 2025-05-16 13:16
DTE Energy Corp.’s (DTE) disciplined capital spending program to maintain and upgrade the reliability of its electric utility systems boosts its performance. Given its growth prospects and low debt, DTE makes for a solid investment option in the Zacks Utility Electric Power industry.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.Growth Forecast & Surprise History of DTEThe Zacks Consensus Estimate for DTE’s 2025 and 2026 earnings per share (EPS) ...
Walmart Warns On Prices As Tariffs, Markets, And Earnings Collide
Forbes· 2025-05-16 13:15
Core Insights - Walmart announced plans to raise prices due to tariffs, indicating potential inflation concerns across the retail sector [2][8] - The market is currently seeking clarity on tariffs, with mixed stock performance reflecting cautious optimism [5][8] - Upcoming retail earnings reports may provide insights into changing consumer spending habits [6][8] Group 1: Walmart and Tariffs - Walmart's decision to raise prices affects over two-thirds of its products, which are domestically sourced, suggesting a muted impact from tariffs [2] - The company anticipates that the increase in costs will lead to higher prices for consumers, raising concerns about a domino effect among other retailers [2] Group 2: Market Reactions and Economic Indicators - The S&P 500 closed up 0.4%, while the Nasdaq Composite fell by 0.2%, indicating mixed market reactions [1] - The U.S. imported nearly $1 trillion worth of goods from Canada and Mexico in 2024, with new tariffs expected to increase consumer costs by approximately $750 annually for these goods [4] Group 3: Retail Sector Outlook - Retailers such as Home Depot, Lowe's, Target, TJ Maxx, and Ralph Lauren are set to report earnings, which will shed light on consumer spending trends [6] - The weak start to the housing season may influence spending patterns, with consumers potentially opting to renovate existing homes rather than making new purchases [6] Group 4: Corporate Developments - Applied Materials shares dropped by 5% following mixed results and guidance impacted by tariffs, highlighting the uncertainty in the market [7] - Charter Communications is acquiring Cox Communications for $34.5 billion, reflecting ongoing consolidation in the telecommunications sector [7]
Revolve Group, Inc. to Present at Upcoming Baird, TD Cowen and William Blair Investor Conferences
Prnewswire· 2025-05-16 13:15
LOS ANGELES, May 16, 2025 /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, will present at the following investor conferences: Baird Global Consumer, Technology and Services Conference on Tuesday, June 3, 2025 at 3:10 p.m. ET / 12:10 p.m. PT TD Cowen Future of the Consumer Conference on Wednesday, June 4, 2025 at 11:00 a.m. ET / 8:00 a.m. PT. William Blair Growth Stock Conference on Thursday, June 5, 2025 at 9:00 a.m. ET / 6:0 ...
Eightco Announces First Quarter 2025 Financial Results
GlobeNewswire· 2025-05-16 13:15
Core Viewpoint - Eightco Holdings Inc. is focusing on capital deployment into the refurbished Apple products business while prioritizing financial stability for long-term growth [1][2]. Financial Performance - For the first quarter of 2025, Eightco reported revenues of $9.9 million, a 25% increase from $8.0 million in the same quarter of 2024 [5][6]. - The gross profit for the first quarter of 2025 was $0.8 million, down from $1.4 million in the first quarter of 2024, resulting in a gross profit margin of 8.2%, compared to 17.5% in the prior year [6][3]. - Operating losses improved by 55%, with a loss of $1.4 million in the first quarter of 2025 compared to a loss of $3.2 million in the first quarter of 2024 [5][6]. - Selling, general, and administrative (SG&A) expenses decreased by 29% to $2.2 million in the first quarter of 2025 from $3.1 million in the same quarter of 2024 [6][3]. Strategic Focus - The company is committed to reducing operating costs and addressing selling and administrative expenses to enhance long-term shareholder value [2][3]. - Eightco's current operations are positioned to scale revenues significantly with a modest increase in expenses, particularly in the refurbished Apple products sector [2][3]. Operational Insights - The reallocation of capital back into the refurbished Apple products business has been a key driver of revenue growth [3][5]. - The absence of restructuring and severance expenses in the first quarter of 2025 contributed to the reduction in operating losses [5][6]. Overall Financial Summary - Total operating expenses for the first quarter of 2025 were $2.2 million, down from $4.5 million in the first quarter of 2024 [4][6]. - The net loss attributable to Eightco Holdings Inc. was $2.5 million in the first quarter of 2025, compared to a net income of $1.9 million in the same quarter of 2024 [7][6].
SRx Health Solutions Further Diversifies Treasury Strategy with Purchase of Ethereum
GlobeNewswire· 2025-05-16 13:15
Core Viewpoint - SRx Health Solutions, Inc. is diversifying its treasury strategy by purchasing Ethereum (ETH) and has sold $1.5 million of Solana Tokens (SOL) to enhance long-term value for shareholders [1][2]. Company Overview - SRx Health Solutions, Inc. is a leading integrated healthcare services provider in Canada, operating across all ten provinces and focusing on specialty healthcare [3]. - The company combines industry knowledge, technology, and a patient-centric approach to deliver customized healthcare solutions [3].
Mercurity Fintech's Subsidiary Grows Cross-Border Business Advisory Services with New Asia-Pacific Healthcare Client Engagement
GlobeNewswire News Room· 2025-05-16 13:15
Core Insights - Mercurity Fintech Holding Inc. announced that its subsidiary, Chaince Securities, will serve as a corporate advisor for a prominent Asia-Pacific healthcare company seeking access to U.S. capital markets [1] Group 1: Company Overview - Mercurity Fintech Holding Inc. (NASDAQ: MFH) is a fintech group that utilizes blockchain infrastructure to provide technology and financial services [4] - The company aims to bridge traditional finance and digital innovation, offering services that include digital assets, financial advisory, and capital markets solutions [4] Group 2: Advisory Services - Chaince Securities specializes in executing complex cross-border transactions for international companies looking to access the U.S. capital market [2] - The recent engagement highlights Chaince Securities' commitment to cross-border advisory mandates and its growing track record in this area [2][3] - The CEO of Mercurity Fintech Holding emphasized the importance of this mandate, stating it validates the strength of their advisory platform and their support for innovative companies expanding into U.S. capital markets [3]