Diversified Energy Company latest deal exemplifies value-adding ‘bolt-on' strategy - ICYMI

2024-07-13 05:19:44

Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) this week announced the acquisition of Cotton Valley assets in East Texas. These established assets are described as being strategically located with low decline rates.

Ilika PLC CEO on key milestones and future plans - ICYMI

2024-07-13 05:19:42

Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy talked with Proactive about the company's recent milestones and strategic advancements. In this interview, Purdy highlights the key achievements of the year, starting with the success of Stereax, their miniature batteries for medical implants and industrial sensors.

American Tower: The REIT Way To Ride The 5G Wave

2024-07-13 05:02:29

American Tower is a leading global REIT with over 224,000 communications sites worldwide. AMT's tower assets serve as critical infrastructure for wireless networks, providing a wide coverage footprint difficult to replicate. AMT's strong competitive positioning, long-term growth drivers, and shareholder-friendly capital allocation make it an attractive investment with an attractive valuation.

Nestlé: Discounted Against Historical Valuation, Buy For Long-Term Play

2024-07-13 04:53:11

There is a positive correlation between healthier foods and higher margins. This might provide a long-term valuation upside for Nestlé. Limited impact on the potential shortage of Perrier water. Real Internal Growth improvement for the company. Still at a discount compared to Nestlé's historical valuation. This means a buy.

Amazon: Buy, Sell or Hold?

2024-07-13 04:45:00

Amazon's earnings and share performance have a strong long-term track record. The stock is more expensive than that of some rivals though.

2 Unloved Stocks to Buy Right Now

2024-07-13 04:41:00

Intel and Paycom have been left for dead by investors, but both stocks look like great buys. Intel's foundry business is on the cusp of taking off, and it has a strong product lineup for the rest of the year.

VeriSign: Underfollowed Value Opportunity Yielding A 9.8% Return

2024-07-13 04:40:25

VeriSign stocks are undervalued by 20.1% and underfollowed by Wall Street analysts, indicating a potential mispricing. VeriSign boosts a monopolistic mature business model, with high operating margins and high free cash flow generation, compensating for modest growth. Despite recent stock price decline, VeriSign's risk-reward profile suggests a positive excess return of around 9.8%, with a catalyst expected after Q3 earnings report.

Is It Finally Time to Sell Nvidia Stock?

2024-07-13 04:35:00

Nvidia stock was recently downgraded based on its valuation and concerns about its ability to sustain healthy growth next year. A closer look at Nvidia's prospects and the competitive advantage it enjoys in the AI chip market points toward a bright future.

The Investment Case For South Africa: EZA Is The Ultimate 'Buy Low' Opportunity

2024-07-13 04:16:09

South Africa is perceived as corrupt and dangerous, but the country also has excellent demographics, strong geography, and a considerable existing capital base. SA's equity market is heavily discounted vs. other global markets as a result of poor economic performance, but as the political winds shift, this may change. We see the recent election result as a strong indication that the country is on the way to righting itself.

The HubSpot Buyout Looks Dead: Is the Stock a Buy?

2024-07-13 04:15:00

Alphabet has reportedly dropped its bid to acquire HubSpot -- news that sent shares of the latter tumbling. While HubSpot has no trouble winning new customers, existing customers aren't expanding their spending.

Crude Oil News Today: Will Fed Rate Cuts Fuel Oil's Rally to $90?

2024-07-13 04:11:26

The crude oil outlook is cautiously bullish: strong demand and rate cut hopes support prices, but China concerns and efficiency gains may cap upside.

Boeing begins 777X certification flight trials with U.S. FAA, Air Current says

2024-07-13 04:07:07

Boeing formally began flight testing of the 777-9 with U.S. aviation regulators onboard, The Air Current reported late on Friday, marking a step forward in the certification process.

3 Stock-Split Stocks to Buy Hand Over Fist Before They Soar By as Much as 100%, According to Select Wall Street Analysts

2024-07-13 04:02:00

Nvidia's state-of-the-art chips are powering the artificial intelligence revolution. Macroeconomic headwinds have weighed on Sirius XM, but it now looks like a compelling opportunity for savvy investors.

Amazon's Q2 Will Likely Surprise You

2024-07-13 04:01:59

In today's article, I provide a brief review of Amazon's latest events and forecasts for Q2 2024, for which the company is expected to report in 2 weeks. Analysts have raised EPS estimates for Amazon's Q2, making it more challenging to beat expectations, but the company's strong performance in Q1 suggests a potential beat. Despite Jeff Bezos selling shares, Amazon's fundamentals remain strong, with potential for growth and innovation in various sectors.

Barrick Gold: Gold Prices Near Record Highs, Big EPS Growth Expected

2024-07-13 03:58:29

Barrick Gold shares jumped after the US CPI report amid rising gold prices. Gold is in a strong bull market, very close to all-time highs as it keeps pace with the strong-performing S&P 500. Ahead of Barrick's earnings next month, I highlight key risks and note spots to watch on the chart.

Want Safe Dividend Income in 2024 and Beyond? Invest in the Following 3 Ultra-High-Yield Stocks.

2024-07-13 03:41:00

Altria's core business continues to support a healthy high-yield payout. Realty Income has grown its dividend through serious adversity.

Where Will Amazon Stock Be in 1 Year?

2024-07-13 03:32:00

AWS is not the only growth business under Amazon's umbrella. Amazon continues to maintain double-digit net sales growth.

Is Tesla Stock a Buy?

2024-07-13 03:23:00

Better-than-expected Q2 vehicle deliveries sparked a sizzling stock rally. Excitement is building for Tesla's Robotaxi event.

Is Tellurian Stock a Buy?

2024-07-13 03:14:00

Tellurian is building a liquified natural gas (LNG) export facility. The project has experienced several delays since its approval in 2019.

1 Solid E-Commerce Stock That's Not Amazon to Keep On Your Radar

2024-07-13 03:14:00

MercadoLibre has a localized approach in managing its business. MercadoLibre grew revenue by more than 250 times since going public in 2007.

E2open Parent Holdings: Buy Rated As Growth Slowdown Was Likely A One-Off Event

2024-07-13 03:08:45

I continue to recommend a buy rating for E2open Parent Holdings (ETWO) due to the positive growth outlook. The 1Q25 growth slowdown was due to timing issues. Leading indicators like growth in current deferred revenue and subscriptions billing point to positive revenue growth ahead.

Tesla's Resurgence Is Great News for These 3 Growth Stocks

2024-07-13 03:05:00

Lithium is an essential part of batteries for EVs. Machine vision has a key and growing role to play in EV battery manufacture.

China's vice commerce ministry meets Walmart CEO McLay

2024-07-13 02:42:18

China's Vice Minister of Commerce Wang Shouwen met the chief executive officer of Walmart Inc , Kathryn McLay, on Friday, the commerce ministry said in a statement.

Lovesac: Still Attractive Despite Guidance Skepticism

2024-07-13 02:41:28

Lovesac's growth has slowed down due to industry weakness, but underneath, the company is still expanding showrooms, creating a great foundation for a growth return. The company's FY2025 guidance could see a revisit downwards as industry struggles seem to persist, but the long-term growth story still stands. The stock's valuation is still attractive, compensating for the short-term growth issues.

The 8.3% Preferred Dividend Of Telephone And Data Systems Has Become Safer But Not Entirely Safe

2024-07-13 02:39:58

Telephone and Data Systems preferred stock has seen a 70% total return in about a year, outperforming the S&P 500 by an impressive margin. High interest rates and debt impacted the stock in recent years, but a strategic decision to sell assets has rendered the dividend safer. Risks remain as the company navigates hurdles to close the deal and may struggle to maintain the preferred dividend in the long run.

Republic Services: Potential For Margin Improvement With A Differentiated Strategy

2024-07-13 02:28:14

Republic Services is a leading waste services provider in North America with a dominant presence in the industry. My investment thesis revolves around a potential for margin expansion, technology investments, and a differentiated strategy given the company's focus on creating a circular economy for plastics. Republic Services has a balanced approach to capital allocation, including buybacks, dividends, M&A, and organic investments.

ICON: Deleveraging Complete, Now See 18% CAGR In Valuation To FY'26E (Rating Upgrade)

2024-07-13 02:25:11

ICON acquired PRA Health Sciences in a $12B deal in 2020, creating a new company. The stock has doubled since the acquisition, and could be worth $370-$400/share based on earnings estimates and excess earnings above assets of similar price and risk. Its strong order book, earnings leverage, and attractive valuations support a buy recommendation.

Why Pure Storage Stock Is A Smart Buy: Unpacking The Growth Drivers

2024-07-13 01:34:22

Pure Storage is a data storage pioneer in areas such as flash memory and Storage-as-a-Service. Secular trends like AI adoption and hybrid cloud architecture are driving the need for improved storage systems, benefiting Pure Storage's product lineup. Based on a reverse DCF valuation, the stock may still have some upside after a big move up over the last year.

U.S. IPO Weekly Recap: 2 SPACs Debut In Quiet Post-Holiday Week

2024-07-13 01:25:00

Two SPACs debuted this week, and one company completed an uplisting from the OTC. Meanwhile, three IPOs and two SPACs submitted initial filings this past week. After a quiet post-holiday week, the July IPO market is set to bag its first major deals in the week ahead. Street research is expected for one company in the week ahead, and one lock-up period will be expiring.

PDI: Get In Before The Fed Pivots And Lock In A 14% Yield

2024-07-13 00:49:52

Inflation easing may lead to a faster than expected Fed pivot, benefiting PIMCO Dynamic Income Fund. The CEF's portfolio structure has shifted slightly since my last work in March, with PDI now overweighting high-yield credit. The price differential between net asset value and market price may expand with potential rate cuts.

TransUnion: Emerging Market Growth Story Amidst Uncertain Domestic Headwinds

2024-07-13 00:37:33

Strong International Growth: TransUnion is experiencing significant expansion in emerging markets, with 31% YoY growth in India and double-digit growth in Canada, Asia Pacific, and Africa, offsetting domestic slowdowns. Resilient Financial Performance: Despite market expectations of a slowdown, TransUnion exceeded revenue and EPS expectations in Q1 2024, with quarterly revenue surpassing $1 billion for the first time in the company. Innovative Product Offerings: TransUnion continues to develop products like TruVision Risk Solutions and TruIQ, enabling them to attract new customers and offer comprehensive tools for risk management and consumer insights.

BDC Weekly Review: The Benefits Of Convertible Bonds For BDCs

2024-07-13 00:00:38

We take a look at the action in business development companies through the first week of July and highlight some of the key themes we are watching. BDCs had a strong week with a 1.5% total return, outperforming the broader income market. Trinity Capital updated the conversion rate of its 2025 convertible bonds, providing benefits for management and mixed impact for existing shareholders.

NYMTI: The New 9.125% Bond From Mortgage REIT New York Mortgage Trust

2024-07-12 23:48:23

NYMTI: The New 9.125% Bond From Mortgage REIT New York Mortgage Trust

Railtown Provides Comments on Promotional Activities

2024-07-12 23:48:00

Vancouver, British Columbia--(Newsfile Corp. - July 12, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") is issuing this news release at the request of OTC Markets Group Inc. in order to comment on recent promotional activity regarding the Company. Further to the Company's news release dated December 19, 2023, Railtown has engaged a trio of third-party providers to render consulting and other services to the Company.

SERITAGE GROWTH SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Seritage Growth Properties - SRG

2024-07-12 22:45:00

NEW ORLEANS , July 12, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 30, 2024 to file lead plaintiff applications in a securities class action lawsuit against Seritage Growth Properties ("Seritage" or the "Company") (NYSE: SRG), if they purchased the Company's securities between July 7, 2022 and May 10, 2024, inclusive (the "Class Period").  This action is pending in the United States District Court for the Southern District of New York.

LAMB WESTON SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Lamb Weston Holdings, Inc. - LW

2024-07-12 22:45:00

NEW ORLEANS, La. , July 12, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 12, 2024 to file lead plaintiff applications in a securities class action lawsuit against Lamb Weston Holdings, Inc. (NYSE: LW), if they purchased the Company's shares between July 25, 2023 and April 3, 2024, inclusive (the "Class Period").

SCOTTS MIRACLE-GRO SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against The Scotts Miracle-Gro Company - SMG

2024-07-12 22:45:00

NEW ORLEANS , July 12, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 5, 2024 to file lead plaintiff applications in a securities class action lawsuit against The Scotts Miracle-Gro Company (NYSE: SMG), if they purchased the Company's shares between November 3, 2021 and August 1, 2023, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of Ohio.

TERADATA SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Teradata Corporation - TDC

2024-07-12 22:45:00

NEW ORLEANS , July 12, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 13, 2024 to file lead plaintiff applications in a securities class action lawsuit against Teradata Corporation (the "Company") (NYSE: TDC), if they purchased or otherwise acquired the Company's shares between February 13, 2023 and February 12, 2024, inclusive (the "Class Period").  This action is pending in the United States District Court for the Southern District of California.

NIKE SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuit Against NIKE, Inc. - NKE

2024-07-12 22:45:00

NEW ORLEANS , July 12, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 19, 2024 to file lead plaintiff applications in a securities class action lawsuit against NIKE, Inc. (NYSE: NKE). This action is pending in the United States District Court for the District of Oregon.

Princess Cruises Sets New GUINNESS WORLD RECORDS™ Title for World's Largest Pizza Party at Multiple Venues with Hungry Guests Devouring More Than 60,000 Slices of Pizza!

2024-07-12 22:22:00

The Love Boat Line Celebrates New Partnership with 13-Time World Pizza Champion Chef Tony Gemignani Best Pizza at Sea About to Get Even Better FT. LAUDERDALE, Fla.

Lost Money in Arbor Realty Trust, Inc.? Gibbs Law Group Investigates Potential Securities Law Violations

2024-07-12 21:34:00

OAKLAND, Calif.--(BUSINESS WIRE)---- $ABR--Shares of Arbor Realty Trust, Inc. (“Arbor Reality”) dropped nearly 17% in intraday trading on Friday, July 12, 2024, following a Bloomberg article, which reported that federal prosecutors and the Federal Bureau of Investigation are investigating Arbor Realty's “lending practices and the company's claims about the performance of their loan book.” This follows two short seller reports, which raised concerns about Arbor Realty's practices and disclosures, and all.

Amazon must comply with US agency's probe on claims that company discriminated against pregnant warehouse workers

2024-07-12 21:25:03

Amazon spokesperson Sam Stephenson said the company has cooperated with the investigation since it began three years ago and disagreed with the EEOC's characterization of its conduct. Amazon is proud of the benefits and time off it offers to workers who are pregnant or whose partners have given birth, he said.

Donald Trump's digital leash has been removed as Meta rolls back the last of its Jan 6-era restrictions on his accounts

2024-07-12 21:18:35

Meta announced plans to remove its January 6-era restrictions from Donald Trump's accounts. Trump had been banned and then reinstated on Meta's Facebook and Instagram as well as X and YouTube.

UNH Investors Have Opportunity to Lead UnitedHealth Group Inc.n Securities Fraud Lawsuit

2024-07-12 21:15:00

NEW YORK , July 12, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds investors a shareholder filed a class action lawsuit on behalf of all purchasers of securities of UnitedHealth Group Inc. (NYSE: UNH) between March 14, 2022 and February 27, 2024. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by July 15, 2024.

Vietnam's VinFast delays US electric car plant amid market slowdown

2024-07-12 21:03:33

Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the global EV market.

HELIOS ALERT: Bragar Eagel & Squire, P.C. is Investigating Helios Technologies, Inc. on Behalf of Helios Stockholders and Encourages Investors to Contact the Firm

2024-07-12 21:00:00

NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Helios Technologies, Inc. (“Helios” or the “Company”) (NYSE: HLIO) on behalf of Helios stockholders. Our investigation concerns whether Helios has violated the federal securities laws and/or engaged in other unlawful business practices.

DRIL-QUIP ALERT: Bragar Eagel & Squire, P.C. is Investigating Dril-Quip, Inc. on Behalf of Dril-Quip Stockholders and Encourages Investors to Contact the Firm

2024-07-12 21:00:00

NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Dril-Quip, Inc. (“Dril-Quip” or the “Company”) (NYSE: DRQ) on behalf of Dril-Quip stockholders. Our investigation concerns whether Dril-Quip has violated the federal securities laws and/or engaged in other unlawful business practices.

BLUE ALERT: Bragar Eagel & Squire, P.C. is Investigating Bluebird bio Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

2024-07-12 21:00:00

NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Bluebird bio Inc. (NASDAQ: BLUE) on behalf of long-term stockholders following a class action complaint that was filed against Blue on March 28, 2024 with a Class Period from April 24, 2023 to December 8, 2023. Our investigation concerns whether the board of directors of Blue have breached their fiduciary duties to the company.

LEGALZOOM ALERT: Bragar Eagel & Squire, P.C. is Investigating LegalZoom.com, Inc. on Behalf of LegalZoom Stockholders and Encourages Investors to Contact the Firm

2024-07-12 21:00:00

NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against LegalZoom.com, Inc. (“LegalZoom” or the “Company”) (NASDAQ: LZ) on behalf of LegalZoom stockholders. Our investigation concerns whether LegalZoom has violated the federal securities laws and/or engaged in other unlawful business practices.

VinFast Delivers Nearly 21,800 Electric Vehicles in First Half of 2024, Up 92% YoY

2024-07-12 21:00:00

SINGAPORE , July 12, 2024 /PRNewswire/ -- VinFast Auto Ltd. ("VinFast" or the "Company"), a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone, delivered 21,747 electric vehicles in the first half of 2024, a significant 92% increase over the same period in 2023.