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BRBR ALERT: Investigation Launched into BellRing Brands, Inc., Attorneys Encourage Investors and Potential Witnesses to Contact Law Firm
Prnewswire· 2025-06-23 17:07
SAN DIEGO, June 23, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving BellRing Brands, Inc. (NYSE: BRBR) focused on whether BellRing Brands and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.If you have information that could assist in the BellRing Brands investigation or if you are a BellRings Brands investor who suffered a loss and would lik ...
Cracker Barrel Old Country Store (CBRL) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-06-23 17:06
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Jabil (JBL) Is Up 17.27% in One Week: What You Should Know
ZACKS· 2025-06-23 17:06
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Liberty Media Corporation - Liberty Formula One Series C (FWONK) Is Up 6.97% in One Week: What You Should Know
ZACKS· 2025-06-23 17:05
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Will Citigroup's Prudent Expense Management Support Performance?
ZACKS· 2025-06-23 17:05
Key Takeaways Citigroup is streamlining operations with job cuts and management layer reductions to lower costs. The firm will cut 3,500 tech roles in China CSCs by 4Q25 as part of continued global simplification. The company targets $2-2.5B in annual savings by 2026 and expects 2025 expenses below $53.4B.Citigroup, Inc.'s (C) CEO Jane Fraser is executing a sweeping overhaul of the bank to enhance its performance and reduce costs. The company made changes to its operating model in the fourth quarter of 20 ...
Gorilla Surges 34% Since Q1 Earnings: Should You Buy GRRR Now?
ZACKS· 2025-06-23 17:05
Core Insights - Gorilla Technology Group Inc. (GRRR) shares surged 34.1% following the release of its Q1 2025 earnings, driven by significant contract wins, global expansion, and effective financial management [1][2]. Financial Performance - Q1 earnings were reported at 23 cents per share, surpassing the Zacks Consensus Estimate of 1 cent and improving from a loss of $1.47 in the same quarter last year [3]. - Revenues increased by 109% year-over-year but fell short of the Zacks Consensus Estimate by 8.7% [3]. - The company reduced its debt to $18.4 million by the end of Q1, down from $21.4 million at the end of 2024, and further decreased it to $17 million post-quarter [4]. Guidance and Projections - Gorilla Technology expects 2025 revenues to be between $100 million and $110 million, with EBITDA projected at $20 million to $25 million and a gross margin of 40-45% [5]. - The company anticipates a net profit of $15 million to $20 million for 2025, with a backlog of $93 million, and estimates a 2026 backlog of $70 million [5]. Growth Drivers - The company is experiencing rapid expansion across various regions, including the U.S., MENA, Southeast & East Asia, South America, and the U.K., which is enhancing its contract base [8]. - Gorilla Technology is transitioning from short-cycle deals to multi-year, recurring contracts, particularly with government and enterprise clients [8]. - The company is increasing its workforce, aiming to grow from over 200 full-time employees and 100 contractors to 300-400 full-time employees and 100-200 contractors by the end of 2025 [9]. Market Position and Valuation - The stock has gained 39.7% year-to-date, outperforming the industry average growth of 1.5% [14]. - Gorilla Technology is trading at a forward P/S ratio of 4.15X, significantly higher than its two-year median of 1.35X and the industry average of 2.86X, indicating strong investor confidence [17]. Strategic Initiatives - The company is involved in the ONE AMAZON project, focusing on AI-driven environmental monitoring and creating a new financial framework for valuing natural capital [10][11]. - Gorilla Technology is also building a data economy linked to investments in ecotourism, renewable energy, and biodiversity credits, with 25% of funds raised allocated to technology deployment [12]. Cash Flow and Receivables - Q1 cash flow was affected by an $18.2 million unbilled receivable, but cash collection is improving, with $7 million already recovered in Q2 [13].
Launch of the 2025 International Supply Chain Conference of Chinese Cuisine: Supply Chain Becomes the Key to Breakthrough, Marking the "First Year of Industrialization" for Chinese Cuisine’s Global Expansion
Globenewswire· 2025-06-23 17:05
Guangzhou, China, June 23, 2025 (GLOBE NEWSWIRE) -- The "2025 International Supply Chain Conference of Chinese Cuisine," hosted by Wuhan Liangzhilong Food Inc., officially opened at Zone D of the Canton Fair Complex in Guangzhou. The event brought together representatives from 17 industry associations, over 100 supply chain platforms, and leading chain restaurant enterprises to explore how businesses can leverage localization, standardization, and digitalization strategies to break into international market ...
HubSpot's Breeze AI Platform Could Add Millions In Revenue By 2027: Analyst
Benzinga· 2025-06-23 17:03
Bank of America Securities (BofA) analyst Brad Sills maintained a Buy rating on HubSpot, Inc. HUBS with a price forecast of $740 on Monday.Sills took a deep dive into the key components of HubSpot’s emerging Breeze AI platform.The analyst doesn’t expect material revenue from Breeze until fiscal 2027, but he notes it’s a useful exercise to take a bottoms-up approach to model incremental revenue from Breeze.Also Read: Rising AI, Analytics Budgets Could Lift Microsoft, Snowflake, DatadogSills asserted that the ...
Compass sues Zillow over ‘monopoly tactics' in private home listings
The Guardian· 2025-06-23 17:02
Real estate brokerage company Compass has filed a lawsuit against Zillow over its policy to ban private home listings.In a filing with the US district court for the southern district of New York, Compass claims that “Zillow has sought to rely on anticompetitive tactics to protect its monopoly and revenues in violation of the antitrust laws.”Compass says that Zillow has implemented an exclusionary policy that says if a home seller and their real estate agent market their property off Zillow for more than one ...
Golden Cross Alert: Honeywell Nears A Bullish Breakout As Strategic Shakeup Gains Traction
Benzinga· 2025-06-23 17:01
Honeywell International Inc. HON is on the verge of a golden moment — literally. The stock is just about to make a Golden Cross, a classic technical indicator where the 50-day moving average crosses above the 200-day, signaling a potential bullish turn.Chart created using Benzinga ProHoneywell stock, at $221.80, is poised to flip its trend from cautious to confident, with technicals hinting at a subtle shift in investor sentiment despite a moderately bearish backdrop.Read Also: $1000 Invested In This Stock ...