Recently released documents show the big business opportunity that social media companies saw in recruiting teens to their platforms and how they discussed risks that heavy digital engagement could pose. The documents were released last week as part of a major set of trials brought by school districts, state attorneys general, and others against Meta, Snap, TikTok and YouTube, alleging the design ...
Recently released documents show the big business opportunity that social media companies saw in recruiting teens to their platforms and how they discussed risks that heavy digital engagement could pose. The documents were released last week as part of a major set of trials brought by school districts, state attorneys general, and others against Meta, Snap, TikTok and YouTube, alleging the design of their products harmed young users. The Tech Oversight Project, which advocates for more regulations on tech platforms to safeguard teens online, compiled a report on the newly released documents, which were independently reviewed by The Verge. On Monday, a federal judge will hear arguments that will determine the scope of the trials, the first of which kicks off in June. The internal documents produced as part of the litigation show that social media companies recognized business value in establishing users at a young age. But they also show how the companies tracked harmful effects that features could have on those users and considered ways to address those risks. The companies have all expressed a commitment to safeguarding teens on their platforms and generally complained that evidence presented by the plaintiffs lacks relevant context. Meta, for example, launched a webpage that responds to FAQs about the litigation and lists research that describes the other factors impacting teens’ mental health, or finding minimal association between teens’ use of digital platforms and their mental well-being. Some emails and slides demonstrate just how valuable some of the companies saw teen users for growing their business. “Mark [Zuckerberg] has decided that the top priority for the company in H1 2017 is teens,” a redacted sender said in an email to Meta’s then-growth executive Guy Rosen with the subject line “FYI: Teen Growth!!” at the end of 2016. It later discussed a teen ambassador program for Instagram and considered formalizing teens’ tendency to make Finstas by introducin...
Image source: The Motley Fool. Tuesday, July 22, 2025 at 2 p.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Jeff Dick Chief Financial Officer, Bank — Alex Vari Chief Lending Officer — Tom Floyd Chief Financial Officer, Company — Tom Chmelik Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Earnings Per Share (EPS) -- $0.53, with nonrecurring items; adjusted...
Image source: The Motley Fool. Tuesday, July 22, 2025 at 2 p.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Jeff Dick Chief Financial Officer, Bank — Alex Vari Chief Lending Officer — Tom Floyd Chief Financial Officer, Company — Tom Chmelik Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Earnings Per Share (EPS) -- $0.53, with nonrecurring items; adjusted core EPS would be $0.56. -- $0.53, with nonrecurring items; adjusted core EPS would be $0.56. Return on Average Assets (ROAA) -- 0.86%, with nonrecurring adjustments; adjusted ROAA would be 0.91%. -- 0.86%, with nonrecurring adjustments; adjusted ROAA would be 0.91%. Return on Average Tangible Common Equity -- 8.84%, including the impact of all current period items. -- 8.84%, including the impact of all current period items. Net Interest Margin (NIM) -- 3.75%, reflecting a quarter-over-quarter expansion as lower funding costs drove the improvement. -- 3.75%, reflecting a quarter-over-quarter expansion as lower funding costs drove the improvement. Total Funding Costs -- Decreased by 20 basis points to 3.29%, benefiting NIM. -- Decreased by 20 basis points to 3.29%, benefiting NIM. Liquidity and Credit Facilities -- Available facilities and liquidity at 38% of the deposit portfolio as of period end. -- Available facilities and liquidity at 38% of the deposit portfolio as of period end. Loan Portfolio Composition -- $1.8 billion total loans; 30% nonowner-occupied commercial real estate, 21% owner-occupied CRE, 18% construction, 14% multifamily, 11% residential real estate, 6% commercial and industrial. -- $1.8 billion total loans; 30% nonowner-occupied commercial real estate, 21% owner-occupied CRE, 18% construction, 14% multifamily, 11% residential real estate, 6% commercial and industrial. Commercial Real Estate (CRE) Concentration -- Ended period at 366% of capital, below the Board-set limit of 375%. -- Ended period at 366% of capital, below the Board-set limit of 375%. Co...
Image source: The Motley Fool. Wednesday, October 29, 2025 at 8:00 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Timothy M. Knavish Chief Financial Officer — Vincent J. Morales Vice President, Investor Relations — Alejandro Lopez TAKEAWAYS Organic Sales Growth -- Increased 2%, driven by both price and volume, marking the third consecutive quarter of year-over-year volume growth. -- Increased...
Image source: The Motley Fool. Wednesday, October 29, 2025 at 8:00 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Timothy M. Knavish Chief Financial Officer — Vincent J. Morales Vice President, Investor Relations — Alejandro Lopez TAKEAWAYS Organic Sales Growth -- Increased 2%, driven by both price and volume, marking the third consecutive quarter of year-over-year volume growth. -- Increased 2%, driven by both price and volume, marking the third consecutive quarter of year-over-year volume growth. Adjusted EPS -- Rose 5% to a record $2.13, exceeding previous Q3 results. -- Rose 5% to a record $2.13, exceeding previous Q3 results. Performance Coatings Segment Organic Sales -- Up 2%, with double-digit growth in both aerospace and protective and marine coatings, offset by a double-digit decline in automotive refinish sales volumes due to distributor order patterns. -- Up 2%, with double-digit growth in both aerospace and protective and marine coatings, offset by a double-digit decline in automotive refinish sales volumes due to distributor order patterns. Industrial Coatings Segment Sales Volume -- Increased 4%, supported by an 8% rise in automotive OEM net sales, outpacing the 4% global light vehicle industry growth. -- Increased 4%, supported by an 8% rise in automotive OEM net sales, outpacing the 4% global light vehicle industry growth. Packaging Coatings Organic Sales -- Achieved double-digit percentage growth year over year, indicating above-industry momentum across regions. -- Achieved double-digit percentage growth year over year, indicating above-industry momentum across regions. Segment EBITDA -- Industrial Coatings EBITDA rose 12% year over year, reflecting strong cost control and manufacturing productivity. -- Industrial Coatings EBITDA rose 12% year over year, reflecting strong cost control and manufacturing productivity. Aerospace Order Backlog -- Increased to $310 million, while investments exceeding $0.5 billion are being made to expand production...
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Liverpool and Tottenham are in different situations but face the same problem: a manager in the hot seat but few ideal options Sign up for Soccer with Jonathan Wilson here Another weekend, another few days of soul-searching for Liverpool and Tottenham. Liverpool had been on a 13-game unbeaten run before Saturday’s defeat to Bournemouth , but nobody could claim a string of results that included hom...
Liverpool and Tottenham are in different situations but face the same problem: a manager in the hot seat but few ideal options Sign up for Soccer with Jonathan Wilson here Another weekend, another few days of soul-searching for Liverpool and Tottenham. Liverpool had been on a 13-game unbeaten run before Saturday’s defeat to Bournemouth , but nobody could claim a string of results that included home draws with all three promoted clubs was convincing. Spurs had won just two of their 13 league games before Saturday’s away draw at Burnley , which was salvaged only thanks to an injury-time goal from Cristian Romero. For both, European competition had offered some relief – Liverpool looked very good in a 3-0 win away to Marseille while Spurs, at least in the first half, produced probably their best performance since August in beating Borussia Dortmund 2-0 – but the sad truth is that the vast majority of European sides these days simply cannot live with the physicality of the Premier League. That’s not to say that Bournemouth or Burnley are better than Marseille or Dortmund, but it is to say that the challenge they pose a Premier League side is less. Continue reading...
In the winter of 1993, during the siege of Sarajevo, people burned books and furniture to keep warm. Water froze in pipes. Electricity vanished for the duration of the war. Children slept in coats and hats, their breath visible in dark rooms. Cold itself became a weapon of war. I remember, when I was reporting from the Bosnian capital, seeing doctors operating by candlelight or wearing camping hea...
In the winter of 1993, during the siege of Sarajevo, people burned books and furniture to keep warm. Water froze in pipes. Electricity vanished for the duration of the war. Children slept in coats and hats, their breath visible in dark rooms. Cold itself became a weapon of war. I remember, when I was reporting from the Bosnian capital, seeing doctors operating by candlelight or wearing camping headlamps. I remember old people chopping wood in the park in the centre of the city until there were no trees left, then dragging it home on sledges. I remember the ground being too frozen to bury the many dead on the football pitch, which later became a cemetery. I remember a terrible, frozen day when I went to an old people’s home near a frontline and counted dead body after dead body, all frozen in their sleep. Three decades later, I am watching another winter war – this time in Ukraine. It is a human-made catastrophe. Russia is now systematically targeting the country’s energy infrastructure. Since last mid-autumn, attacks on power and heating systems across eastern, central and southern Ukraine – including Kyiv, Odesa and Kharkiv – have forced daily electricity outages. Until December, power cuts followed a grim rhythm: four hours on, four hours off, all day and night. Twelve hours of light and warmth, 12 hours of darkness and cold. According to Ukraine’s minister of economy, Oleksii Sobolev, the total damage to its energy infrastructure from these attacks over the past three months will cost an estimated $1bn to address. But no statistic can capture what it means to live in a city where winter has been deliberately turned into a tool of terror. On 9 January 2026, a massive strike on Kyiv’s energy grid left 6,000 residential buildings – about half of the city’s housing supply – without heating. On 20 January, another attack cut power from more than 5,600 buildings, many of them the same ones. On 24 January, the same neighbourhoods were hit again: 6,000 buildings lost hea...
Image source: The Motley Fool. Wednesday, April 23, 2025 at 9:00 a.m. ET CALL PARTICIPANTS President & Chief Executive Officer — Patrick L. Ryan Executive Vice President & Chief Financial Officer — Andrew Hibshman Executive Vice President & Chief Retail Banking Officer — Darleen Gillespie Executive Vice President & Chief Lending Officer — Peter Cahill TAKEAWAYS Net Income -- $9.4 million, with ear...
Image source: The Motley Fool. Wednesday, April 23, 2025 at 9:00 a.m. ET CALL PARTICIPANTS President & Chief Executive Officer — Patrick L. Ryan Executive Vice President & Chief Financial Officer — Andrew Hibshman Executive Vice President & Chief Retail Banking Officer — Darleen Gillespie Executive Vice President & Chief Lending Officer — Peter Cahill TAKEAWAYS Net Income -- $9.4 million, with earnings per diluted share at $0.37, and an ROA of 1% for the quarter. -- $9.4 million, with earnings per diluted share at $0.37, and an ROA of 1% for the quarter. Adjusted Earnings -- Excluding an $815,000 OREO asset write-down, diluted EPS would have been $0.40, and ROA would have been 1.07%. -- Excluding an $815,000 OREO asset write-down, diluted EPS would have been $0.40, and ROA would have been 1.07%. Loan Growth -- Loans increased $92 million during the quarter, representing 12% annualized growth; the asset-based lending portfolio grew $30 million to just over $90 million, private equity fund banking to $128 million, and small business lending (Business Express and SBA) to $91 million. -- Loans increased $92 million during the quarter, representing 12% annualized growth; the asset-based lending portfolio grew $30 million to just over $90 million, private equity fund banking to $128 million, and small business lending (Business Express and SBA) to $91 million. Deposit Growth -- Deposits increased $64 million, or 8.5% annualized, including $16 million growth in non-interest-bearing customer deposits; brokered deposits contributed $25 million to this figure. -- Deposits increased $64 million, or 8.5% annualized, including $16 million growth in non-interest-bearing customer deposits; brokered deposits contributed $25 million to this figure. Net Interest Margin -- Increased by 11 basis points sequentially to 3.65%, with interest-bearing deposit costs declining 18 basis points from the fourth quarter to between 4% and 4.5% on brokered funds. -- Increased by 11 basis points seq...
JHVEPhoto UnitedHealth Group’s ( UNH ) guidance will be in focus during its quarterly results on Tuesday, as investors look for clear signs of recovery from the managed care bellwether following a tumultuous 2025. Wall Street expects the Eden Prairie, Minnesota-based firm to post EPS of $2.11, while revenue is expected to grow 12.8% to $113.73 billion. UnitedHealth Group went through several setba...
JHVEPhoto UnitedHealth Group’s ( UNH ) guidance will be in focus during its quarterly results on Tuesday, as investors look for clear signs of recovery from the managed care bellwether following a tumultuous 2025. Wall Street expects the Eden Prairie, Minnesota-based firm to post EPS of $2.11, while revenue is expected to grow 12.8% to $113.73 billion. UnitedHealth Group went through several setbacks last year that included a cyberattack at its tech unit, the killing of its insurance unit head, higher medical costs, and a federal investigation. The stock, with a market capitalization of over $300 billion, has lost over 30% last year, vastly underperforming the solid 16% gain in the broader S&P 500 Index. However, the return of Stephen Hemsley as the top boss in May, especially after a disappointing quarterly result in April, boosted confidence in many investors, who are hoping for a turnaround in the company’s fortune. Earlier in October, the health insurer raised its full-year earnings outlook and said it is expecting margin improvement and a return to growth in 2026. The company added that it sees “sustainable double-digit growth beginning in 2027 and advancing from there.” The latest bouts of news about UnitedHealth, which included rebating profits from ACA plans to customers, also got positive response from investors. The stock showed over 5% growth so far this year. Seeking Alpha and Wall Street analysts are bullish and rated the stock a Buy. However, Seeking Alpha’s Quant rating considers it a cautious Hold. Evercore analyst Elizabeth Anderson said the managed care sector is positioned to face utilization trends that will remain elevated throughout 2026. UnitedHealth received an Outperform rating from the brokerage based on gradually improving MA margins, strong pricing actions for the 2026 plan year, and a successful turnaround strategy by the company's management. “While I acknowledge that some caution is deserved after UNH's recovery from the 2025 lows, I'm...
NextEra Energy, Inc. (NYSE:NEE) is included in our list of the best AI energy stocks to buy now. Jefferies Remains Cautious on NextEra Energy (NEE) As Eyes Turn to Execution On January 14, 2026, NextEra Energy, Inc. (NYSE:NEE) saw Jefferies slightly lower its price target from $88 to $87, while reiterating a ‘Hold’ rating. The firm’s target reduction was attributed to valuation discipline rather t...
NextEra Energy, Inc. (NYSE:NEE) is included in our list of the best AI energy stocks to buy now. Jefferies Remains Cautious on NextEra Energy (NEE) As Eyes Turn to Execution On January 14, 2026, NextEra Energy, Inc. (NYSE:NEE) saw Jefferies slightly lower its price target from $88 to $87, while reiterating a ‘Hold’ rating. The firm’s target reduction was attributed to valuation discipline rather than a shift in fundamentals. Furthermore, Jefferies expressed confidence in management’s goal to achieve 8%+ EPS growth. In 2026, the firm cites large data center-related power contracts as the key catalyst for the stock. Moreover, the firm sees no meaningful new disclosures in the upcoming fourth-quarter earnings call, as strategic updates have already been digested at the December Investor Day. Thus, Jefferies is more focused on execution rather than short-term narrative shifts. Meanwhile, on the execution front, NextEra Energy, Inc. (NYSE:NEE) and Meta Platforms finalized roughly 2.5 GW of clean energy agreements across 13 projects. Spanning PPAs and energy storage agreements across ERCOT, SPP, MISO, and New Mexico, the contracts are expected to come online between 2026 and 2028. The move reinforces the company’s positioning as a leading partner for hyperscalers scaling power-intensive data centers. NextEra Energy, Inc. (NYSE:NEE), a leading U.S. renewable power company, operates the regulated Florida utility FPL and its energy infrastructure arm, NEER. The company is focused on wind, solar, and battery storage avenues. While we acknowledge the potential of NEE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: What Are the Best Stocks to Buy Right Now? and 10 Stocks Under $1 That Will Explode. Disclosure: No...
Vistra Corp. (NYSE:VST) is included in our list of the best AI energy stocks to buy now. Mixed Analyst Sentiment on Vistra (VST) Amid Increasing Regulatory Risk and Long-Term Contract Wins On January 15, 2026, Jefferies stated that it is seeing heightened regulatory risk for established power producers. The cautious sentiment builds following reports of potential PJM market intervention aimed at e...
Vistra Corp. (NYSE:VST) is included in our list of the best AI energy stocks to buy now. Mixed Analyst Sentiment on Vistra (VST) Amid Increasing Regulatory Risk and Long-Term Contract Wins On January 15, 2026, Jefferies stated that it is seeing heightened regulatory risk for established power producers. The cautious sentiment builds following reports of potential PJM market intervention aimed at electricity affordability and reliability. As a result of this development, Vistra Corp. (NYSE:VST)’s shares experienced a 9% decline. The firm emphasized net risk to existing assets from market intervention as a key contributor to the sharp pullback in the stock. Still, Vistra Corp. (NYSE:VST) continues to draw positive analyst attention amid operational excellence and long-term contracting. On January 12, 2026, the company announced a 20-year nuclear power purchase agreement with Meta for 2.6 GW. With this move, Vistra aims to improve long-duration, zero-carbon revenue visibility. Amid this major development, Scotiabank increased its price target to $293, while reiterating an ‘Outperform’ rating, and UBS raised its target to $233 with a ‘Buy’ rating. Additionally, BofA reduced its price target to $218 on lower gas premiums, raising FY26-FY27 estimates. The firm’s optimism reflects a benefit from PJM PPAs and updated generation assumptions. Vistra Corp. (NYSE:VST) focuses on generating and selling electricity and natural gas across multiple U.S. regions. While we acknowledge the potential of VST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: What Are the Best Stocks to Buy Right Now? and 10 Stocks Under $1 That Will Explode. Disclosure: None.
Dzmitry Dzemidovich Infleqtion's joint registration statement on Form S-4 with Churchill Capital Corp X ( CCCX ) was declared effective by the Securities and Exchange Commission on Jan. 23. An S-4 document is filed by companies to register new securities issued in connection with mergers, acquisitions, and consolidations, among other things. It provides shareholders with detailed information, incl...
Dzmitry Dzemidovich Infleqtion's joint registration statement on Form S-4 with Churchill Capital Corp X ( CCCX ) was declared effective by the Securities and Exchange Commission on Jan. 23. An S-4 document is filed by companies to register new securities issued in connection with mergers, acquisitions, and consolidations, among other things. It provides shareholders with detailed information, including risks and financial data. Quantum computing firm Infleqtion said in September last year that it is going public via a business combination with special purpose acquisition company Churchill. Infleqtion said Churchill has set a meeting date of Feb. 12 for its extraordinary general meeting to approve the proposed business combination and related matters. Infleqtion designs, builds, and sells quantum computers, precision sensors, and software to governments, enterprises, and research institutions, according to the company. The company noted that its systems are used in collaboration with Nvidia ( NVDA ) and by customers including the U.S. Department of War, NASA, and the U.K. government. Infleqtion said the proposed business combination is expected to deliver over $540M in gross proceeds, assuming no redemptions by Churchill shareholders of the amounts held in trust. This includes more than $125M of incremental capital raised through a common stock Private Investment in Public Equity, or PIPE, at the transaction valuation from existing and new institutional investors. The company noted that proceeds are expected to accelerate Infleqtion’s technology roadmap and product commercialization, expanding applications across AI, national security, and space, and enabling additional real-world use cases. The combined company will operate as Infleqtion, Inc. and is expected to be listed on the New York Stock Exchange under the ticker INFQ. The business combination is expected to close in the first quarter of 2026. More on Churchill Capital Infleqtion: The Quantum Stock To Own - Sa...
WANAN YOSSINGKUM/iStock via Getty Images In recent quarters, I have observed Bandwidth ( BAND ) steadily improving its underlying business fundamentals, with healthy top-line growth and expanding margins. This view has supported my Buy rating on the stock. The company is effectively tapping into the global voice AI market by offering software services like transcription, translation, and voice clo...
WANAN YOSSINGKUM/iStock via Getty Images In recent quarters, I have observed Bandwidth ( BAND ) steadily improving its underlying business fundamentals, with healthy top-line growth and expanding margins. This view has supported my Buy rating on the stock. The company is effectively tapping into the global voice AI market by offering software services like transcription, translation, and voice cloning, thereby generating a fast-growing stream of high-margin recurring revenue. In fact, BAND's CEO has previously stated that an AI voice call with these added features could generate between three and four times as much revenue as that of a standard voice call. Following 8% underlying cloud communications revenue growth expected for FY25, I see growth accelerating in 2026, helped by political messaging from the upcoming US midterm elections. Given the tailwinds from AI and the growing contribution from software revenue, I see BAND's moat strengthening, justifying a significantly higher multiple than its current 5.2x FCF. I am therefore maintaining my Buy rating. Outlook for 2026 Excluding the contribution from political messaging related to the US Presidential election in 2024, Q3 cloud communications revenue was up 8% year-over-year. Based on management's guidance, Q4 cloud communications revenue growth is set to accelerate modestly to 10%. Notably, I chose to exclude messaging surcharges from my estimates, as they only represent pass-through costs. NRR was compressed due to the lower political contribution but remained healthy at 107% when adjusting for this. It remains a key metric to track for this business in order to understand existing customer adoption of BAND's growing voice AI product offering. The Communication Platform as a Service (“CPaaS”) market is forecasted to grow at an 18.8% CAGR from 2025 to 2034, with AI-powered chatbots and virtual assistants being a key growth driver. BAND is leveraging its Maestro software to provide customers with the infrastruct...
Image source: The Motley Fool. Friday, March 14, 2025 at 2:00 p.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Jeff Dick Chief Lending Officer — Tom Floyd Chief Accountant — Alex Vari Chief Financial Officer — Tom Chmelik TAKEAWAYS Net Loss -- The company reported a net loss per share of $1.60, primarily driven by a full impairment of intangible assets related to Venue. -- The comp...
Image source: The Motley Fool. Friday, March 14, 2025 at 2:00 p.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Jeff Dick Chief Lending Officer — Tom Floyd Chief Accountant — Alex Vari Chief Financial Officer — Tom Chmelik TAKEAWAYS Net Loss -- The company reported a net loss per share of $1.60, primarily driven by a full impairment of intangible assets related to Venue. -- The company reported a net loss per share of $1.60, primarily driven by a full impairment of intangible assets related to Venue. Return on Average Assets -- Return on average assets was negative 0.47% for 2024. -- Return on average assets was negative 0.47% for 2024. Return on Average Equity -- Return on average equity was negative 4.44% in the reporting period. -- Return on average equity was negative 4.44% in the reporting period. Net Interest Margin -- Net interest margin was 3.13% for the year, with management noting that deposit carrying costs compressed the NIM by 9 basis points in the fourth quarter only. -- Net interest margin was 3.13% for the year, with management noting that deposit carrying costs compressed the NIM by 9 basis points in the fourth quarter only. Impairment Impact -- Intangible asset write-down reduced earnings per share by $2.14, return on average assets by 76 basis points, and return on average equity by 724 basis points, with the adjustment effective as of year-end. -- Intangible asset write-down reduced earnings per share by $2.14, return on average assets by 76 basis points, and return on average equity by 724 basis points, with the adjustment effective as of year-end. Credit Costs -- Net charge-offs totaled $4.5 million, provision expense was $2.9 million, and $1.9 million of interest income was reversed, all impacting 2024 earnings. -- Net charge-offs totaled $4.5 million, provision expense was $2.9 million, and $1.9 million of interest income was reversed, all impacting 2024 earnings. Tangible Book Value -- Tangible book value ended at $23.77 per s...
Image source: The Motley Fool. Wednesday, July 30, 2025 at 8 a.m. ET CALL PARTICIPANTS Chairman, President, and Chief Executive Officer — Timothy M. Knavish Senior Vice President and Chief Financial Officer — Vincent J. Morales Director, Investor Relations — Alex Lopez TAKEAWAYS Net Sales -- $4.2 billion with organic sales growth of 2%, driven by Aerospace Coatings, Protective & Marine Coatings, a...
Image source: The Motley Fool. Wednesday, July 30, 2025 at 8 a.m. ET CALL PARTICIPANTS Chairman, President, and Chief Executive Officer — Timothy M. Knavish Senior Vice President and Chief Financial Officer — Vincent J. Morales Director, Investor Relations — Alex Lopez TAKEAWAYS Net Sales -- $4.2 billion with organic sales growth of 2%, driven by Aerospace Coatings, Protective & Marine Coatings, and Packaging Coatings. -- $4.2 billion with organic sales growth of 2%, driven by Aerospace Coatings, Protective & Marine Coatings, and Packaging Coatings. Adjusted Earnings Per Diluted Share -- $2.22, reflecting overall profitability for the quarter. -- $2.22, reflecting overall profitability for the quarter. Segment EBITDA Margin -- 20.3% for the quarter, indicating stable profitability at the segment level. -- 20.3% for the quarter, indicating stable profitability at the segment level. Share Repurchases -- $150 million in the quarter and $540 million year-to-date, signaling ongoing capital return to shareholders. -- $150 million in the quarter and $540 million year-to-date, signaling ongoing capital return to shareholders. Dividend Increase -- Quarterly dividend per share raised by 4% in July, reinforcing management's stated confidence in future growth. -- Quarterly dividend per share raised by 4% in July, reinforcing management's stated confidence in future growth. Performance Coatings Segment -- Record net sales and earnings, with organic sales up 6% from both higher prices and volume, and segment EBITDA up 8% year over year. -- Record net sales and earnings, with organic sales up 6% from both higher prices and volume, and segment EBITDA up 8% year over year. Aerospace Coatings -- High single-digit percentage organic sales growth and record quarterly sales, with order backlogs steady at approximately $300 million. -- High single-digit percentage organic sales growth and record quarterly sales, with order backlogs steady at approximately $300 million. Protective & Marin...
Booz Allen Shares Hammered After Treasury Cancels Consulting Contracts Shares of Booz Allen Hamilton tumbled the most in months during late Monday morning trading after U.S. Treasury Secretary Scott Bessent canceled dozens of contracts tied to the consulting firm. Secretary Bessent said 31 contracts with Booz Allen were terminated, representing $4.8 million in annual spending and $21 million in to...
Booz Allen Shares Hammered After Treasury Cancels Consulting Contracts Shares of Booz Allen Hamilton tumbled the most in months during late Monday morning trading after U.S. Treasury Secretary Scott Bessent canceled dozens of contracts tied to the consulting firm. Secretary Bessent said 31 contracts with Booz Allen were terminated, representing $4.8 million in annual spending and $21 million in total obligations. " President Trump has entrusted his cabinet to root out waste, fraud, and abuse, and canceling these contracts is an essential step to increasing Americans' trust in government ," he said, adding, "Booz Allen failed to implement adequate safeguards to protect sensitive data, including the confidential taxpayer information it had access to through its contracts with the Internal Revenue Service." Treasury pointed to an incident with Booz Allen in recent years: Most notably, between 2018 and 2020, Charles Edward Littlejohn — an employee of Booz Allen Hamilton — stole and leaked the confidential tax returns and return information of hundreds of thousands of taxpayers. Last spring, Booz Allen said it was undergoing a major restructuring and planned to cut roughly 2,500 jobs, about 7% of its workforce, as President Trump's DOGE efforts reduced government spending by discontinuing federal contracts. Later in the year, CEO Horacio Rozanski told investors the company was "making the difficult decision to reduce layers and numbers in our senior ranks" due to federal contract reductions and a broader slowdown in government funding. Shares of Booz Allen are down 7.5% in the cash session this morning, marking the worst single-day decline since October 24, when the stock fell about 9%. Shares have been cut roughly in half since President Trump's November 2024 election victory, as Elon Musk's DOGE initiative began aggressively targeting waste, fraud, and abuse across the federal bureaucracy in early 2025. In May 2025, Goldman analyst Noah Poponak downgraded Booz Allen fr...
Ceri Breeze Shares of Booz Allen Hamilton ( BAH ) fell sharply on Monday after the U.S. Treasury Department said it had terminated contracts with the consulting firm, citing failures to adequately protect sensitive taxpayer information. The stock dropped as much as 10% following the announcement, which said roughly $21 million in Treasury contracts had been canceled. The department said the decisi...
Ceri Breeze Shares of Booz Allen Hamilton ( BAH ) fell sharply on Monday after the U.S. Treasury Department said it had terminated contracts with the consulting firm, citing failures to adequately protect sensitive taxpayer information. The stock dropped as much as 10% following the announcement, which said roughly $21 million in Treasury contracts had been canceled. The department said the decision stemmed from deficiencies in data security controls tied to Booz Allen’s ( BAH ) work with the Internal Revenue Service. Treasury Secretary Scott Bessent said the cancellations were intended to reinforce public confidence in how the government safeguards confidential information, adding that the firm did not meet required standards for protecting sensitive data it accessed through its contracts. The move reflects a broader enforcement posture from the Department of Government Efficiency, or DOGE, which has increasingly scrutinized federal contractors and moved to terminate agreements it deems misaligned with security, performance or cost-efficiency standards. Since its creation, DOGE has played a central role in canceling or renegotiating government contracts across multiple agencies as part of an effort to tighten oversight and reduce perceived operational risks. More on Booz Allen Booz Allen Hamilton Holding Corporation (BAH) Q3 2026 Earnings Call Transcript Booz Allen Hamilton Holding Corporation 2026 Q3 - Results - Earnings Call Presentation Booz Allen Hamilton: Slight Outperformance, I'm Adding More Booz Allen narrows revenue guidance to $11.3B-$11.4B while advancing outcome-based contracts and AI strategy Booz Allen Hamilton trades higher on raised fiscal 2026 profitability outlook
Key Points The TikTok deal is done and the US business is now officially known as "TikTok USDS Joint Venture LLC." Oracle will own a significant, but not controlling stake in the new TikTok JV. 10 stocks we like better than Oracle › Oracle (NYSE: ORCL) stock jumped 3% through 10:40 a.m. ET Monday after publication of an internal memo to employees from TikTok CEO Shou Chew -- confirming the TikTok ...
Key Points The TikTok deal is done and the US business is now officially known as "TikTok USDS Joint Venture LLC." Oracle will own a significant, but not controlling stake in the new TikTok JV. 10 stocks we like better than Oracle › Oracle (NYSE: ORCL) stock jumped 3% through 10:40 a.m. ET Monday after publication of an internal memo to employees from TikTok CEO Shou Chew -- confirming the TikTok U.S. deal is done. Oracle, alongside private equity firm Silver Lake and Abu Dhabi-based MGX, now collectively owns 45% of TikTok U.S. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Non-Chinese ownership totals 80%, with 20% of the new joint venture remaining under control of Chinese parent company ByteDance. What does the TikTok memo say? As Business Insider reported today, the memo (circulated on Thursday) confirms that "TikTok USDS Joint Venture LLC has been established in compliance with the Executive Order signed by President Trump on September 25, 2025." The joint venture is "majority American owned" and "will operate under defined safeguards that protect national security through comprehensive data protections, algorithm security, content moderation, and software assurances for US users." The Chinese side of the joint venture appears to be a ByteDance subsidiary called "TT Commerce & Global Services LLC." The company's board of directors has appointed Adam Presser to run the JV. According to his LinkedIn profile, Mr. Presser has been with TikTok for nearly 4 years and was formerly head of Warner Bros. Entertainment's subsidiary, WarnerMedia China, Austria & New Zealand. What does this mean for Oracle stock? At this early date, it's unclear how good this news is for Oracle -- although the fact that Oracle has been actively pursuing an ownership stake in TikTok U.S. for the last few years suggests that Oracle, at least, will think this is good news...