Image source: The Motley Fool. Wednesday, Feb. 19, 2025 at 8:00 a.m. ET Call participants President & Chief Executive Officer — Rob Painter Chief Financial Officer — Phil Sawarynski Takeaways Revenue -- $983 million as reported in the quarter, exceeding the midpoint of guidance; on an as-adjusted basis, up 9% for the quarter and 6% for the year, excluding divested businesses and 53rd week impacts....
Image source: The Motley Fool. Wednesday, Feb. 19, 2025 at 8:00 a.m. ET Call participants President & Chief Executive Officer — Rob Painter Chief Financial Officer — Phil Sawarynski Takeaways Revenue -- $983 million as reported in the quarter, exceeding the midpoint of guidance; on an as-adjusted basis, up 9% for the quarter and 6% for the year, excluding divested businesses and 53rd week impacts. -- $983 million as reported in the quarter, exceeding the midpoint of guidance; on an as-adjusted basis, up 9% for the quarter and 6% for the year, excluding divested businesses and 53rd week impacts. ARR (Annualized Recurring Revenue) -- $2.26 billion as reported, up 16% on an as-adjusted basis; recurring revenue now 62% of total, and software/services comprise 76% of revenue. -- $2.26 billion as reported, up 16% on an as-adjusted basis; recurring revenue now 62% of total, and software/services comprise 76% of revenue. EPS -- $0.89 reported for the quarter and $2.85 for the year, above guidance midpoint; additional incentive compensation accruals and sales commissions limited further outperformance. -- $0.89 reported for the quarter and $2.85 for the year, above guidance midpoint; additional incentive compensation accruals and sales commissions limited further outperformance. Gross margin -- 71.7% for the quarter, first time above 70% on an as-adjusted basis; 68.2% for the year, up over 1,000 basis points since 2019. -- 71.7% for the quarter, first time above 70% on an as-adjusted basis; 68.2% for the year, up over 1,000 basis points since 2019. EBITDA margin -- 27.8% for both the quarter and year as adjusted, representing approximately 100 basis points of expansion; full-year figure at 27.2% as reported, up 400 basis points since 2019. -- 27.8% for both the quarter and year as adjusted, representing approximately 100 basis points of expansion; full-year figure at 27.2% as reported, up 400 basis points since 2019. Free cash flow -- $498 million reported for the year, with...
The long awaited and highly anticipated game, Crimson Desert, is nearing its release on March 19. The developers are working with AMD to provide a free copy of the game to those who are shopping for select AMD CPUs, GPUs, and AMD powered laptops. 4 Reviews ← exclude selected types ← exclude selected tags AMD has partnered with Pearl Abyss for their latest open world action RPG, Crimson Desert, tha...
The long awaited and highly anticipated game, Crimson Desert, is nearing its release on March 19. The developers are working with AMD to provide a free copy of the game to those who are shopping for select AMD CPUs, GPUs, and AMD powered laptops. 4 Reviews ← exclude selected types ← exclude selected tags AMD has partnered with Pearl Abyss for their latest open world action RPG, Crimson Desert, that is set to release on March 19. The game is being bundled with select AMD hardware so those looking to switch or upgrade might just get a free copy of the highly anticipated title. The campaign is live now, and will last for just over two months. Crimson Desert was first announced back in 2019 and has since gone through several development hurdles. Last year around August, there were reports of the game initially planned for a November 2025 release but being delayed to Q1 2026. The developers then clarified that there was no release date set and no delays either. Finally, in September, Peal Abyss confirmed the release date to be March 19 and looks like they’re sticking with it. The game is up for pre-order already and costs $70. If you’re planning on getting an newer AMD desktop CPU, GPU, or laptop powered by an AMD CPU, you may be eligible for a free copy of the game. The most popular processors like the Ryzen 9 9800X3D and the top tier Ryzen 9 9950X3D are included in the list of eligible CPUs. Both the Radeon RX 9070 and RX 9070 XT are eligible as well. Check out the full list here. The promotion is live now (February 10) and will continue through April 25, or till when the supply of coupon codes is exhausted. Said coupon code can be redeemed up till May 23 by visiting AMD’s rewards website and signing up. A product verification tool will need to be downloaded to verify that the eligible product has been installed in the same system. Note that even though Crimson Desert will be available on PC via Steam and Epic Games Store, the promotion seems to be exclusive to Steam s...
Precious metals have long been seen as a safe haven during any market uncertainty. And as the stock market flashes the occasional warning sign of stress, these commodities have been big winners over the last year. Gold prices are up 77% over the last 12 months, and the price of silver has done even better, rising 153%. But it’s also noteworthy that both gold and silver stumbled lately. Gold droppe...
Precious metals have long been seen as a safe haven during any market uncertainty. And as the stock market flashes the occasional warning sign of stress, these commodities have been big winners over the last year. Gold prices are up 77% over the last 12 months, and the price of silver has done even better, rising 153%. But it’s also noteworthy that both gold and silver stumbled lately. Gold dropped nearly 13% from its late January high before making a mild recovery; silver tumbled 31% from its high of $114 and is now drifting at $80. That’s why a warning from Hank Smith, the CIO of Haverford Trust, is getting attention these days. He warns that investors should be cautious about putting money into gold, silver, or any commodity. He says the run higher in 2025 and early this year is more fueled by momentum instead of substance, and investors should instead consider stocks that offer yield, such as dividend stocks. "Those (commodities) are speculations. They're not investments," he told Business Insider. “Because physical commodities do not have earnings, they don't have an income statement, a balance sheet, they don't pay dividends or interest—you’re buying that with the expectation that someone's going to come along and buy at a higher price. That's the only way you're going to make money.” Smith has a point—investors should never, ever consider putting all their investments into a single class such as commodities. And while I believe that gold, silver, and even cryptocurrency have a place in a well-diversified portfolio, I agree that investors should have the bulk of their investments in the stock market, looking for yield. Here are two ways to capitalize on that strategy through exchange-traded funds. Each has a different strategy but is geared toward providing yield through proven strategies. Quality Dividend Growth Through SCHD The Schwab U.S. Dividend Equity ETF (SCHD) is one of the most popular dividend ETFs on the market, with $78.5 billion in net assets and ...
elgol/E+ via Getty Images Equinor's ( EQNR ) international oil and gas portfolio will return to growth in the next few years as the company targets sharply higher production abroad by 2030, the company's head of foreign operations told Reuters on Tuesday. While its domestic Norwegian output is expected to remain stable, Equinor ( EQNR ) aims to raise overseas petroleum production to more than 900K...
elgol/E+ via Getty Images Equinor's ( EQNR ) international oil and gas portfolio will return to growth in the next few years as the company targets sharply higher production abroad by 2030, the company's head of foreign operations told Reuters on Tuesday. While its domestic Norwegian output is expected to remain stable, Equinor ( EQNR ) aims to raise overseas petroleum production to more than 900K boe/day by 2030 from ~730K boe/day in 2025, a rise of at least 23%, Philippe Mathieu told Reuters. "We have divested more mature assets that were starting to decline... and despite all the divestment, we still see growth to 900K barrels," underpinned by the company's Bacalhau and Raia projects in Brazil, the Shell-operated Sparta project in the U.S. Gulf, and rising volumes from Adura, its British joint venture with Shell, Mathieu said. Bacalhau, which began production in October, is ramping up towards 220K bbl/day of oil in H2 2026, and Raia is due to start production in 2028. Equinor ( EQNR ) is also "weeks away" from approval of the development concept for Bay du Nord, one of Canada's largest planned oil projects. The project's costs have been lowered through a phased development, initially targeting more than 400M barrels of oil, the CEO added. More on Equinor Equinor Q4 2025 Earnings Call Presentation Equinor: A Strategic European Energy Buy With Margin Of Safety Equinor: Share Price Pullback Makes It A High Dividend Yielding Investment Opportunity
Earnings Call Insights: Blackbaud, Inc. (BLKB) Q4 2025 Management View Michael Gianoni, President, CEO & Vice Chairman, highlighted, "We accomplished our goal of becoming a Rule of 40 company 2 years ahead of plan. Our financial success is a result of a proven operating plan focused on company efficiencies and continuous product innovation, particularly in regard to AI enablement." He emphasized a...
Earnings Call Insights: Blackbaud, Inc. (BLKB) Q4 2025 Management View Michael Gianoni, President, CEO & Vice Chairman, highlighted, "We accomplished our goal of becoming a Rule of 40 company 2 years ahead of plan. Our financial success is a result of a proven operating plan focused on company efficiencies and continuous product innovation, particularly in regard to AI enablement." He emphasized aggressive investment in AI, noting the launch of generative and agentic AI capabilities such as Blackbaud AI Chat and the introduction of Agents for Good, with the first product—a fundraising Development Agent—already in early adoption and expected to be fully commercially available later this year. Gianoni stated that new AI products, while not meaningfully represented in current financial guidance, offer potential upside and represent a new revenue line, with pricing expected "in the tens of thousands per year" and thousands of existing customers targeted for cross-sell opportunities. Gianoni described robust customer demand: "more than 20% have asked to move to 4-year or longer contracts," and noted increasing daily AI chat usage and broad adoption of machine learning-enabled donor prospecting among Raiser's Edge NXT customers. Chad Anderson, Executive VP & CFO, reported, "full year 2025 organic revenues were up 5.5% to $1.128 billion. Adjusted EBITDA of $405 million was up approximately 8% after adjusting for the estimated impact of the EVERFI divestiture. This represented an adjusted EBITDA margin of 35.9%, up 220 basis points from 2024." Anderson confirmed, "Non-GAAP EPS increased to $4.45, up approximately 12% year-over-year after adjusting for the estimated impact of the EVERFI divestiture. Adjusted free cash flow for the year was stronger than expected at $208 million, exceeding the high end of our upwardly revised guidance range despite a couple of significant onetime investments." Anderson noted, "We bought back approximately 8% of our common stock outstanding in...
In trading on Friday, shares of Goodyear Tire & Rubber Co. (Symbol: GT) crossed below their 200 day moving average of $19.00, changing hands as low as $16.61 per share. Goodyear Tire & Rubber Co. shares are currently trading off about 22.3% on the day. The chart below shows the one year performance of GT shares, versus its 200 day moving average: Looking at the chart above, GT's low point in its 5...
In trading on Friday, shares of Goodyear Tire & Rubber Co. (Symbol: GT) crossed below their 200 day moving average of $19.00, changing hands as low as $16.61 per share. Goodyear Tire & Rubber Co. shares are currently trading off about 22.3% on the day. The chart below shows the one year performance of GT shares, versus its 200 day moving average: Looking at the chart above, GT's low point in its 52 week range is $13.45 per share, with $24.89 as the 52 week high point — that compares with a last trade of $16.92. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Trevor Williams While large technology firms poor billions into AI infrastructure, small businesses ("SMBs") are moving in the opposite direction, pulling back on spending plans amid elevated borrowing costs and less visability, according to a survey released on Tuesday. The National Federation of Independent Business said its January survey showed the net share of firms planning capital outlays o...
Trevor Williams While large technology firms poor billions into AI infrastructure, small businesses ("SMBs") are moving in the opposite direction, pulling back on spending plans amid elevated borrowing costs and less visability, according to a survey released on Tuesday. The National Federation of Independent Business said its January survey showed the net share of firms planning capital outlays over the next six months fell to 18% in January, down one percentage point from December and marking the lowest level since April 2025. The reading stands in sharp contrast to the ongoing AI-driven spending surge among mega-cap tech firms. Last week, e-commerce giant Amazon ( AMZN ) shocked Wall Street with a $200B capex forecast for 2026. Google parent Alphabet ( GOOG ) ( GOOGL ) sees up to $185B of capex this year, a sharp jump versus 2025. Overall, “while GDP is rising, small businesses are still waiting for noticeable economic growth,” said NFIB Chief Economist Bill Dunkelberg . “Despite this, more owners are reporting better business health and anticipating higher sales.” The NFIB Small Business optimism Index stood at 99.3 in January, down 0.2 points from the earlier month and remaining above its 52-year average of 98. More on Markets Equity Sector Rotation Chartbook, February 2026 - The Tangible Economy Strikes Back Sequans Communications S.A. Q4 2025 Earnings Call Transcript PennantPark Floating Rate Capital Q1 2026 Earnings Call Transcript Google's $32B acquisition of Wiz gets EU nod Citi sours on Under Armour as N. American competition weighs, pricing pressure lingers
Astera Labs Earns Membership In 95-Plus Composite Rating Club 2/09/2026 On Tuesday, Astera Labs got an upgrade for its IBD SmartSelect Composite Rating from 93 to 97. 2/09/2026 On Tuesday, Astera Labs got an upgrade for its IBD...
Astera Labs Earns Membership In 95-Plus Composite Rating Club 2/09/2026 On Tuesday, Astera Labs got an upgrade for its IBD SmartSelect Composite Rating from 93 to 97. 2/09/2026 On Tuesday, Astera Labs got an upgrade for its IBD...
EFL clubs will next month vote on an expansion of the Championship playoffs to six teams after being given approval to pursue the radical change by the Football Association’s board. The Guardian has learned that the 72 EFL clubs were on Tuesday invited to an extraordinary general meeting on 5 March, when the vote will take place on a new playoff format that would begin next season. A simple majori...
EFL clubs will next month vote on an expansion of the Championship playoffs to six teams after being given approval to pursue the radical change by the Football Association’s board. The Guardian has learned that the 72 EFL clubs were on Tuesday invited to an extraordinary general meeting on 5 March, when the vote will take place on a new playoff format that would begin next season. A simple majority of the 72 clubs and 24 in the Championship – 37 and 13 votes in favour respectively – is required to formalise a regulation change approved by the EFL board last week. The FA is understood to have given its approval at a board meeting in December despite opposition from the Premier League, which is concerned about a potential drop in standards and reduced competitive balance if a team finishing eighth in the Championship are promoted to the top flight. The EFL’s proposal would add an eliminator round to the Championship playoffs in a format similar to that used by the National League. The fifth-placed team would play the eighth-placed team, and sixth would play seventh, at the higher-ranked club’s ground in a one-off tie to determine progression to the two-leg playoff semi-finals against the clubs that finished third and fourth. The winners of those ties would then meet at Wembley as normal to play for promotion to the Premier League. The EFL is understood to be confident that the change will be approved, having consulted widely with the clubs since the idea was proposed by the Preston North End director Peter Ridsdale at a Championship divisional meeting in September. The idea of expanding the playoffs has been discussed in EFL circles before without gaining sufficient traction. The EFL is understood to have gained the backing of its rights holder Sky Sports, which has welcomed the prospect of two extra games given the drama and jeopardy of the playoffs, one of the highlights of the club season. If successful the new format could be extended to League One and League Two...
Image source: The Motley Fool. Wednesday, November 5, 2025 at 8 a.m. ET Call participants President & Chief Executive Officer — Robert Painter Chief Financial Officer — Phillip Sawarynski Takeaways Revenue -- $901 million, representing 11% organic growth, outpacing previous outlook driven by AECO and Field Systems segments. -- $901 million, representing 11% organic growth, outpacing previous outlo...
Image source: The Motley Fool. Wednesday, November 5, 2025 at 8 a.m. ET Call participants President & Chief Executive Officer — Robert Painter Chief Financial Officer — Phillip Sawarynski Takeaways Revenue -- $901 million, representing 11% organic growth, outpacing previous outlook driven by AECO and Field Systems segments. -- $901 million, representing 11% organic growth, outpacing previous outlook driven by AECO and Field Systems segments. Annual Recurring Revenue (ARR) -- $2.31 billion, up 15%, with AECO ARR reaching $1.42 billion, a 17% increase. -- $2.31 billion, up 15%, with AECO ARR reaching $1.42 billion, a 17% increase. EPS -- $0.81, up 16% year over year and exceeding the high end of guidance by $0.06. -- $0.81, up 16% year over year and exceeding the high end of guidance by $0.06. Recurring revenue mix -- Recurring revenue accounted for 63% of total, and software and services 78% of overall revenue. -- Recurring revenue accounted for 63% of total, and software and services 78% of overall revenue. Gross margin -- Improved by 90 basis points to 71.2%. -- Improved by 90 basis points to 71.2%. EBITDA margin -- 29.9%, expanding by 160 basis points year over year. -- 29.9%, expanding by 160 basis points year over year. Field Systems ARR -- $386 million, up 18%; revenue grew 8% despite a 150 basis point subscription transition headwind. -- $386 million, up 18%; revenue grew 8% despite a 150 basis point subscription transition headwind. AECO segment net retention -- Excluding SketchUp, net retention approximated 110%. -- Excluding SketchUp, net retention approximated 110%. Transportation ARR -- $501 million, up 7%, delivering profitable growth in a weak freight market. -- $501 million, up 7%, delivering profitable growth in a weak freight market. Operating margins by segment -- AECO at 31.8% (up 270 bps); Field Systems at 33.4% (up 40 bps); Transportation & Logistics at 25.8% (up 10 bps). -- AECO at 31.8% (up 270 bps); Field Systems at 33.4% (up 40 bps); Transpor...
Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 8:00 a.m. ET Call participants Chief Executive Officer — Robert Painter Chief Financial Officer — Phillip Sawarynski Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- $970 million, reflecting 9% organic growth, with annual revenue at $3.57 billion, up 10%. -- $970 million, reflecting 9% organic growth, wit...
Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 8:00 a.m. ET Call participants Chief Executive Officer — Robert Painter Chief Financial Officer — Phillip Sawarynski Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- $970 million, reflecting 9% organic growth, with annual revenue at $3.57 billion, up 10%. -- $970 million, reflecting 9% organic growth, with annual revenue at $3.57 billion, up 10%. Annual recurring revenue (ARR) -- $2.39 billion, increasing 14%, with AECO ARR up 16% and Field Systems ARR up 20%. -- $2.39 billion, increasing 14%, with AECO ARR up 16% and Field Systems ARR up 20%. Earnings per share (EPS) -- $1 in Q4 (up 12%), $3.13 annual (up 10%), both above high end of guidance. -- $1 in Q4 (up 12%), $3.13 annual (up 10%), both above high end of guidance. Gross margin -- 74.6% for the quarter; expanded 150 bps to 71.7% for the year. -- 74.6% for the quarter; expanded 150 bps to 71.7% for the year. EBITDA margin -- 33.5% in Q4, 29.3% for the year; expanded 150 bps annually. -- 33.5% in Q4, 29.3% for the year; expanded 150 bps annually. ARR mix -- Recurring revenue rose from 40% to 65% of total since 2020, with software and services at 79% of revenue. -- Recurring revenue rose from 40% to 65% of total since 2020, with software and services at 79% of revenue. Segment performance: AECO -- $1.48 billion in ARR and $454 million in revenue, both up 16% and 15% respectively for the quarter; operating margin at 44% in Q4, 34.2% for the year; project management bookings up over 40% and ARR up over 50%. -- $1.48 billion in ARR and $454 million in revenue, both up 16% and 15% respectively for the quarter; operating margin at 44% in Q4, 34.2% for the year; project management bookings up over 40% and ARR up over 50%. Segment performance: Field Systems -- $409 million in ARR (up 20%), $379 million in revenue (up 4%) for the quarter; operating margin at 30% in Q4, 31.1% for the year; software and services now make up over 5...
danchooalex/E+ via Getty Images Understanding Atkore's Business Model It is a good time to get to know Atkore Inc. (NYSE: ATKR ) better following its recent earnings report. This is a business model that manufactures and distributes components that enable electrical installations and also protects them with products such as conduit (metal and PVC) and fittings, all the way to cable management. Its...
danchooalex/E+ via Getty Images Understanding Atkore's Business Model It is a good time to get to know Atkore Inc. (NYSE: ATKR ) better following its recent earnings report. This is a business model that manufactures and distributes components that enable electrical installations and also protects them with products such as conduit (metal and PVC) and fittings, all the way to cable management. Its most common customers are electrical distributors (which explains why they represent 83% of sales), who buy inventory and resell it when they find the project. So even though it looks like end demand ultimately sits in construction and industry, what ATKR is really reflecting is the behavior of that channel. This leads to a dynamic where, if distributors believe demand is going to remain solid, they will tend to build inventory, meaning they increase purchases, and that results in a strong ATKR quarter. But if, on the other hand, distributors slow orders or reduce inventories, it may mean they are anticipating cooling in the sector, which can lead to more strained results even if projects continue to be executed. 10-Q ATKR This entire value chain runs through 38 manufacturing facilities across 8 countries (though mainly in the U.S.), where its products are manufactured and distributed, totaling an 8.6 million square foot footprint in order to serve different SKUs and specifications to electrical distributors, which represent 83% of sales, to avoid the main problem on job sites: delays. By business vertical , Electrical remains the mix’s key barometer, representing 72% of revenue, with $469.6M in the most recent report. This vertical includes the most representative products used in electrical installations, ranging from PVC and metal conduit to fittings and cable management solutions, with margins that until this quarter were running around 20%. Meanwhile, the other vertical, Safety & Infrastructure, represents 28% of the mix with $186.3M in sales, and this is where soluti...
Compound Danshen Dripping Pills, used to treat chronic stable angina, have followed a long and costly path toward U.S. validation. Photo: VCG A Chinese drugmaker’s long-running push to bring the country’s first compound traditional medicine to the U.S. market has hit a major setback after its American partner ended their collaboration. Tasly Holding Group Co. Ltd. said on Feb. 7 that its collabora...
Compound Danshen Dripping Pills, used to treat chronic stable angina, have followed a long and costly path toward U.S. validation. Photo: VCG A Chinese drugmaker’s long-running push to bring the country’s first compound traditional medicine to the U.S. market has hit a major setback after its American partner ended their collaboration. Tasly Holding Group Co. Ltd. said on Feb. 7 that its collaboration with Arbor Pharmaceuticals LLC on its flagship heart-disease treatment, Compound Danshen Dripping Pills, had ended. According to Tasly’s filing, the termination followed Arbor’s acquisition by Azurity Pharmaceuticals Inc. in 2021 and subsequent adjustments to its business strategy. Tasly said it received a total of $7.5 million from the partnership.
Image source: The Motley Fool. Wednesday, May 7, 2025 at 8 a.m. ET CALL PARTICIPANTS President & Chief Executive Officer — Rob Painter Chief Financial Officer — Phil Sawarynski TAKEAWAYS Revenue -- $841 million, up 3% organically and up 10% when adjusting for the January 1 term license revenue timing. -- $841 million, up 3% organically and up 10% when adjusting for the January 1 term license reven...
Image source: The Motley Fool. Wednesday, May 7, 2025 at 8 a.m. ET CALL PARTICIPANTS President & Chief Executive Officer — Rob Painter Chief Financial Officer — Phil Sawarynski TAKEAWAYS Revenue -- $841 million, up 3% organically and up 10% when adjusting for the January 1 term license revenue timing. -- $841 million, up 3% organically and up 10% when adjusting for the January 1 term license revenue timing. Annual Recurring Revenue (ARR) -- $2.11 billion, up 17% organically, reaching a record across all segments. -- $2.11 billion, up 17% organically, reaching a record across all segments. Adjusted Earnings Per Share (EPS) -- $0.61, ahead of company expectations. -- $0.61, ahead of company expectations. Gross Margin -- Expanded by 180 basis points to 69.9% compared to the prior year. -- Expanded by 180 basis points to 69.9% compared to the prior year. EBITDA Margin -- 25.9%, up 100 basis points year over year. -- 25.9%, up 100 basis points year over year. Free Cash Flow -- $149 million, representing 1x net income conversion rate. -- $149 million, representing 1x net income conversion rate. Leverage Ratio -- Less than 1.3x with $290 million in cash and $1.25 billion revolving credit facility fully available. -- Less than 1.3x with $290 million in cash and $1.25 billion revolving credit facility fully available. Share Repurchases -- $627 million repurchased with $373 million authorization remaining. -- $627 million repurchased with $373 million authorization remaining. Software Share and Business Model -- Software accounts for 75% of business, two-thirds of revenue is asset-light ARR, and the company operates with a simplified, focused model post Mobility divestiture. -- Software accounts for 75% of business, two-thirds of revenue is asset-light ARR, and the company operates with a simplified, focused model post Mobility divestiture. AECO Segment ARR -- $1.29 billion, up 19% for the quarter, with operating income of 27.3% (up 50 bps year over year). -- $1.29 billion, u...
The UK is “sleepwalking into a quiet epidemic” of joblessness with millions of people out of work and on benefits, the boss of the nation’s biggest supermarket chain has warned. Ashwin Prasad, who runs the UK arm of Tesco, said he believed far fewer people were in work than should be and that taxpayers were spending “an ever increasing proportion of our national income on out-of-work benefits.” Th...
The UK is “sleepwalking into a quiet epidemic” of joblessness with millions of people out of work and on benefits, the boss of the nation’s biggest supermarket chain has warned. Ashwin Prasad, who runs the UK arm of Tesco, said he believed far fewer people were in work than should be and that taxpayers were spending “an ever increasing proportion of our national income on out-of-work benefits.” The rate of unemployment sat at a four-year high of 5.1%, according to official data released last month. Prasad, who took the role of UK chief executive last year, said there had been a “clear, gradual change” over the last decade of people falling out of work. He called on the government and businesses to work together to tackle the issue, arguing that it was damaging the UK’s standing on the world stage. “We cannot afford to be a country that lets the next generation languish on the sideline,” Prasad said at an event in London hosted by the Resolution Foundation, a thinktank. He said the government must stop “tinkering at the edges” of the problem and make bold changes to get more people into work. More than 9 million people aged 16 to 64 in the UK are classed as economically inactive, meaning they are not actively looking for work or available to start a job. This includes 2.9 million people aged 16 to 24, with almost a million young people not in education, employment or training, a 26% increase from pre-pandemic levels. Analysis by the thinktank the Centre for Social Justice (CSJ) suggests more than 700,000 university graduates are out of work and claiming welfare benefits. In December, the government announced an £820m funding package to help more young people into work or on to learning schemes. Prasad said there were “myriad reasons” for many people being economically inactive and that life had been “incredibly challenging” for lower-income households for a sustained period of time, saying they had been at the “sharp end of a prolonged era of political instability an...
Key Points Gilat crushed analyst forecasts for Q4 sales and earnings. Q4 earnings were nonetheless down year over year despite a 75% increase in sales. 10 stocks we like better than Gilat Satellite Networks › Israeli satellite communications company Gilat Satellite Networks (NASDAQ: GILT) stock tumbled 19.3% through 10:45 a.m. ET Tuesday despite crushing analyst forecasts for Q4 2025 results this ...
Key Points Gilat crushed analyst forecasts for Q4 sales and earnings. Q4 earnings were nonetheless down year over year despite a 75% increase in sales. 10 stocks we like better than Gilat Satellite Networks › Israeli satellite communications company Gilat Satellite Networks (NASDAQ: GILT) stock tumbled 19.3% through 10:45 a.m. ET Tuesday despite crushing analyst forecasts for Q4 2025 results this morning. Heading into its Q4 report, analysts estimated Gilat would earn $0.14 per share on just $78.1 million in revenue. In fact, Gilat earned $0.20 per share on sales of $137 million, easily beating on both the top and bottom lines. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Gilat Q4 earnings But if that's the case, then why is Gilat Satellite stock down today -- and down so much? Earnings could be part of the problem. Gilat's Q4 sales surged 75%, but operating income was basically flat year over year. Adjusted -- which is to say, non-GAAP -- earnings may have beaten expectations, but earnings as calculated according to generally accepted accounting principles (GAAP) were only $0.13 for the quarter, a 38% decline year over year. For the full year fiscal 2025, Gilat reported sales up 48%, operating profit down 15%, and net income down 23%. So not all of Gilat's news today was "good." Is Gilat stock a sell? Turning to guidance, Gilat expects to grow sales 30% to about $510 million in revenue in 2026, with $61 to $66 million in "adjusted EBITDA" (another non-GAAP metric), and no word on either GAAP profits or free cash flow. CEO Adi Sfadia says Gilat had a "strong" Q4 and a "solid" 2025, and the company is clearly anticipating strong sales growth in 2026. That said, the lack of clear earnings guidance for 2026 and the fact that Gilat stock currently costs more than 45 times trailing earnings (with ea...
In trading on Wednesday, shares of Colliers International Group Inc (Symbol: CIGI) crossed above their 200 day moving average of $101.10, changing hands as high as $101.55 per share. Colliers International Group Inc shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of CIGI shares, versus its 200 day moving average: Looking at the chart above, CIG...
In trading on Wednesday, shares of Colliers International Group Inc (Symbol: CIGI) crossed above their 200 day moving average of $101.10, changing hands as high as $101.55 per share. Colliers International Group Inc shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of CIGI shares, versus its 200 day moving average: Looking at the chart above, CIGI's low point in its 52 week range is $84.16 per share, with $133.025 as the 52 week high point — that compares with a last trade of $101.20. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Following the strong upward move seen over the two previous sessions, stocks have shown a lack of direction during trading on Tuesday. While the Dow reached a new record intraday high in early trading, the Nasdaq and the S&P 500 have been bouncing back and forth across the unchanged line. Currently, the major averages are all in positive territory. The Dow is up 170.08 points or 0.3 pe...
(RTTNews) - Following the strong upward move seen over the two previous sessions, stocks have shown a lack of direction during trading on Tuesday. While the Dow reached a new record intraday high in early trading, the Nasdaq and the S&P 500 have been bouncing back and forth across the unchanged line. Currently, the major averages are all in positive territory. The Dow is up 170.08 points or 0.3 percent at 50,305.95, the S&P 500 is up 4.88 points or 0.1 percent at 6,969.70 and the Nasdaq is up 6.04 points or less than a tenth of a percent at 23,244.71. The choppy trading on Wall Street comes as traders seem reluctant to make more significant moves ahead of the release of the Labor Department's closely watched monthly jobs report on Wednesday. The report, which was delayed due to the brief government shutdown last week, is expected to show employment climbed by 70,000 jobs in January after rising by 50,000 jobs in December. The unemployment rate is expected to hold at 4.4 percent. Meanwhile, traders have largely shrugged off a Commerce Department report showing retail sales in the U.S. were unexpectedly flat in the month of December. The report said retail sales came in virtually unchanged in December after climbing by 0.6 percent in November. Economists had expected retail sales to rise by 0.4 percent. Excluding a slight dip in sales by motor vehicle and parts dealers, retail sales were still virtually unchanged in December after increasing by 0.4 percent in November. Ex-auto sales were expected to grow by 0.3 percent. "The December retail sales report shows that consumers paused their spending at the end of the holiday season after a strong spending spree in October and November," said Nationwide Chief Economist Kathy Bostjancic. She added, "The stagnant retail sales in December provides a soft hand-off to Q1 consumer spending, but we look for a surge in tax refunds, estimated to be $50 billion higher than last year, and the still strong wealth effect will buoy cons...
Vans are something most of us don’t think about much, since we rarely interact with them directly in our day-to-day lives. But the van is an unseen hero that keeps the world moving, delivering packages all over the country and transporting food from farm to stores. They haven't changed much in decades, though. A van is generally a big box with a gas or diesel engine (depending on where you are in ...
Vans are something most of us don’t think about much, since we rarely interact with them directly in our day-to-day lives. But the van is an unseen hero that keeps the world moving, delivering packages all over the country and transporting food from farm to stores. They haven't changed much in decades, though. A van is generally a big box with a gas or diesel engine (depending on where you are in the world), and that’s… kinda it, bar a dent or two in the bodywork. Kia's engineers, riding high on the success of their recent electric vehicles, took notice and did some new things with the PV5, the company's first electric van. You can spec your PV5 in a number of configurations, and the company already has conversion partners lined up to turn them into just about anything . Of course, camper converters are eyeing them as well, eager to create electric "vanlife" setups. Off the shelf, you can choose between a PV5 Passenger for moving people, a PV5 Cargo for moving things, a PV5 Crew for moving things and people, and a PV5 Chassis Cab to do with as you please. Beneath its modular cabin is the Electric Global Modular For Service, which is part of Kia’s rather fancy-sounding "PBV" strategy . "PBV" means "Platform Beyond Vehicle," a potential hint at where the brand sees itself going. In this case, it can house a range of battery sizes. Read full article Comments
Led by Nvidia, Alphabet, and Apple, the Vanguard Growth ETF (NYSEMKT: VUG) has been a surefire investment winner for the better part of the past few years. However, if it feels like these powerhouse stocks aren't bouncing back quite as well as they should be from their early April low, you're not imagining things. Something's different, even if it's not easy to put your finger on what's different,...
Led by Nvidia, Alphabet, and Apple, the Vanguard Growth ETF (NYSEMKT: VUG) has been a surefire investment winner for the better part of the past few years. However, if it feels like these powerhouse stocks aren't bouncing back quite as well as they should be from their early April low, you're not imagining things. Something's different, even if it's not easy to put your finger on what's different, or why. Chalk it up to the noisy environment. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Regardless of the reason(s), if you've got an extra $1,000 -- or more -- sitting in your portfolio that you'd like to put to work, now's arguably the time to back off from growth stocks and take on more exposure to value names. The Vanguard Value ETF (NYSEMKT: VTV) will do the trick nicely. Here we go again... value vs. growth There are two major stock-picking schools of thought. Some investors are willing to take bigger risks and pay higher prices for a shot at above-average returns, while others will accept lesser returns in exchange for lower risk and more certainty. Broadly speaking, the former strategy is considered "growth" investing, while the latter is "value"-oriented. Neither approach is right or wrong. Since everyone's goals, risk tolerances, and timeframes are unique, their investing approaches should be unique as well. Indeed, plenty of investors use varying degrees of both strategies at any given time, as a means of balancing ever-changing risks with a stock's ever-evolving potential. As an example, most of the period between 2009 and now -- and especially since early 2020 -- favored growth stocks. Interest rates were lingering at record low levels for most of that stretch, providing cheap capital to companies that could do something constructive with it. The past 15 years have also been especially bullish for organizations that can make good use of technologies like artificial int...
Zuckerberg Follows Billionaire Exodus To Florida As California Pushes New Wealth Tax Once again, the pattern is familiar: raise taxes in California, and watch the private jets head east. Mark Zuckerberg may soon be adding Miami to his ever-growing list of luxury addresses. According to people familiar with his plans, the Meta founder and his wife, Priscilla Chan, are exploring a home on Indian Cre...
Zuckerberg Follows Billionaire Exodus To Florida As California Pushes New Wealth Tax Once again, the pattern is familiar: raise taxes in California, and watch the private jets head east. Mark Zuckerberg may soon be adding Miami to his ever-growing list of luxury addresses. According to people familiar with his plans, the Meta founder and his wife, Priscilla Chan, are exploring a home on Indian Creek Island—an ultra-exclusive, heavily guarded neighborhood often called “Billionaire Bunker”, according to Bloomberg . The tiny island is already packed with famous residents, including Jeff Bezos, Tom Brady, Jared Kushner, and Ivanka Trump. With an estimated fortune north of $200 billion, Zuckerberg already owns multiple properties across California, Hawaii, Washington, D.C., and near Lake Tahoe. It’s not clear whether Florida would replace any of those homes or just become another stop on his real estate tour. But the timing is telling. Bloomberg writes that California is considering a new wealth tax aimed at billionaires, including taxes on unrealized gains. The proposal has rattled investors and helped push several tech leaders out of the state. When Democratic policies start biting, it seems many billionaires suddenly “fall in love” with Florida. Chamath Palihapitiya wrote on X: "With Zuck’s move to Florida, California’s total taxable wealth from billionaires has plummeted to well under $1T from over $2T just a few weeks ago. The loss of this tax revenue was totally avoidable but is now forever. All because Gavin Newsom stood motionless as this stupidly written bill, from a fringe union and a handful of socialist academics with an axe to grind, meandered its way into the public conversation without any action from him and freaked everyone out." "These were all people that were paying 13%+ in state income tax every year WITH NO COMPLAINTS UNTIL A FEW WEEKS AGO. And now, for the rest of time, the lost tax revenues from these folks will have to be paid for by the middle c...