(RTTNews) - Open Text Corp. (OTEX), an information management software company, on Thursday announced that the Board has appointed Ayman Antoun as Chief Executive Officer and a member of the Board, effective April 20. Antoun will take over from James McGourlay, who continues to serve as Interim CEO, following a thoughtful search process. McGourlay will move to a role within the Executive Leadershi...
(RTTNews) - Open Text Corp. (OTEX), an information management software company, on Thursday announced that the Board has appointed Ayman Antoun as Chief Executive Officer and a member of the Board, effective April 20. Antoun will take over from James McGourlay, who continues to serve as Interim CEO, following a thoughtful search process. McGourlay will move to a role within the Executive Leadership Team. Executive Chair and Chief Strategy Officer Thomas Jenkins will return to the role of Chair of the Board. Antoun brings more than three decades of experience in the technology industry and has served as the President of IBM Americas. In the pre-market trading 0.77% higher at $27.59 on the Nasdaq. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Image source: The Motley Fool. Jan. 28, 2026, 4:30 p.m. ET Call participants Chairman, President, and Chief Executive Officer — Robert Brasher Executive Vice President and Chief Financial Officer — James Todd Executive Vice President and Chief Commercial Officer — Frank Lonegro Vice President, Chief Technology Officer — James Applegate Vice President, Head of BCO Retention and Onboarding — Matthew...
Image source: The Motley Fool. Jan. 28, 2026, 4:30 p.m. ET Call participants Chairman, President, and Chief Executive Officer — Robert Brasher Executive Vice President and Chief Financial Officer — James Todd Executive Vice President and Chief Commercial Officer — Frank Lonegro Vice President, Chief Technology Officer — James Applegate Vice President, Head of BCO Retention and Onboarding — Matthew Miller Takeaways Heavy haul revenue -- $569 million for the year, a 14% increase; fourth quarter heavy haul revenue rose 23% year over year driven by a 16% rise in revenue per load and a 7% increase in volume. -- $569 million for the year, a 14% increase; fourth quarter heavy haul revenue rose 23% year over year driven by a 16% rise in revenue per load and a 7% increase in volume. Total revenue excluding discrete items -- Decreased approximately 1% year over year after adjusting for the Landstar Metro sale process and an alleged fraud incident in the prior-year quarter. -- Decreased approximately 1% year over year after adjusting for the Landstar Metro sale process and an alleged fraud incident in the prior-year quarter. Truck transportation revenue -- Nearly flat year over year, with a 1% decline in truck loads offset by a 1% rise in truck revenue per load; a 6% sequential increase in overall truck revenue per load from fiscal October to December. -- Nearly flat year over year, with a 1% decline in truck loads offset by a 1% rise in truck revenue per load; a 6% sequential increase in overall truck revenue per load from fiscal October to December. Gross profit and margins -- Gross profit was $85.6 million versus $109.4 million a year earlier; gross margin declined to 7.3% from 9%. -- Gross profit was $85.6 million versus $109.4 million a year earlier; gross margin declined to 7.3% from 9%. Insurance and claim costs -- Rose to $56.1 million from $30.1 million, representing 12.3% of BCO revenue versus 6.7% in the prior-year quarter; included three discrete pretax items total...
(RTTNews) - Virginia National Bankshares Corporation (VABK) reported earnings for its fourth quarter that Increased, from the same period last year The company's earnings totaled $5.95 million, or $1.10 per share. This compares with $4.56 million, or $0.85 per share, last year. The company's revenue for the period rose 1.8% to $19.63 million from $19.29 million last year. Virginia National Banksha...
(RTTNews) - Virginia National Bankshares Corporation (VABK) reported earnings for its fourth quarter that Increased, from the same period last year The company's earnings totaled $5.95 million, or $1.10 per share. This compares with $4.56 million, or $0.85 per share, last year. The company's revenue for the period rose 1.8% to $19.63 million from $19.29 million last year. Virginia National Bankshares Corporation earnings at a glance (GAAP) : -Earnings: $5.95 Mln. vs. $4.56 Mln. last year. -EPS: $1.10 vs. $0.85 last year. -Revenue: $19.63 Mln vs. $19.29 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Hong Kong travellers continue to favour Japan as a holiday destination despite ongoing geopolitical tensions between Beijing and Tokyo, thanks to unaffected flight routes and a weaker yen, local industry operators have said. Travel agencies also identified mainland China as the top destination for Hong Kong travel groups, as they gathered at an exhibition on Thursday to promote packages for the co...
Hong Kong travellers continue to favour Japan as a holiday destination despite ongoing geopolitical tensions between Beijing and Tokyo, thanks to unaffected flight routes and a weaker yen, local industry operators have said. Travel agencies also identified mainland China as the top destination for Hong Kong travel groups, as they gathered at an exhibition on Thursday to promote packages for the coming spring season. Beijing recently issued a warning to its citizens, cautioning them against travelling to Japan during the coming Lunar New Year holiday, as the row over Prime Minister Sanae Takaichi’s November comments about Taiwan rumbled on. Advertisement State broadcaster CCTV reported that February flights along 49 routes between China and Japan had been cancelled. However, Moon Yau Moon-yee, assistant general manager at Sunflower Travel Services and vice-chairman of the Tourism Industry Employees’ General Union, said Hong Kong tour groups bound for Japan were largely unaffected by the tensions. Advertisement Flights from the city to Japan have not been affected, Yau said, adding that the weaker yen has further encouraged Hongkongers to spend there.
AGNC Investment is worth buying if you focus on total return, but if you are a dividend investor, tread carefully. When I see a stock with a 10%-plus dividend yield, the first question I ask is, why? Normally, the reason is that the company is dealing with a material business headwind. However, AGNC Investment's (AGNC 1.23%) yield has been above 10% for the vast majority of its public existence. T...
AGNC Investment is worth buying if you focus on total return, but if you are a dividend investor, tread carefully. When I see a stock with a 10%-plus dividend yield, the first question I ask is, why? Normally, the reason is that the company is dealing with a material business headwind. However, AGNC Investment's (AGNC 1.23%) yield has been above 10% for the vast majority of its public existence. That, however, doesn't make this mortgage real estate investment trust (mREIT) a buy for dividend lovers. But another type of investor would probably find it very appealing. Here's what you need to know. Expand NASDAQ : AGNC AGNC Investment Corp. Today's Change ( -1.23 %) $ -0.15 Current Price $ 12.02 Key Data Points Market Cap $13B Day's Range $ 12.01 - $ 12.19 52wk Range $ 7.85 - $ 12.19 Volume 192K Avg Vol 20M Gross Margin 100.00 % Dividend Yield 11.98 % What does AGNC Investment do? As a mortgage REIT, AGNC Investment buys mortgages that have been pooled together into bond-like securities. This is a very different business model from a property-owning REIT, which basically does the same thing you would do if you owned a rental property, just on a much larger scale. AGNC is really managing a portfolio of bonds and, notably, uses leverage to enhance returns. In many ways, AGNC is similar to a mutual fund. The company even reports its tangible net book value per share every quarter, which is kind of like the net asset value per share that a mutual fund reports every day. If you plan to buy an mREIT like AGNC Investment, you need to be willing to dig a little deeper into what you own to ensure you really understand the investment. That's particularly true for dividend investors. AGNC's huge 12.1% yield is alluring, but it may not meet your expectations. As the chart shows, the dividend backing the yield has been highly volatile, and the dividend has been trending lower for more than a decade. The share price has generally tracked the dividend, keeping the dividend yield high...
Earnings Call Insights: Nokia (NOK) Q4 2025 Management View Justin Hotard, President and CEO, emphasized, "Overall, our fourth quarter performance was in line with our expectations, reflecting disciplined execution across the business. Net sales grew 3% in the quarter to EUR 6.1 billion, with operating profit of EUR 1 billion and free cash flow of EUR 0.2 billion." He highlighted the strategic acq...
Earnings Call Insights: Nokia (NOK) Q4 2025 Management View Justin Hotard, President and CEO, emphasized, "Overall, our fourth quarter performance was in line with our expectations, reflecting disciplined execution across the business. Net sales grew 3% in the quarter to EUR 6.1 billion, with operating profit of EUR 1 billion and free cash flow of EUR 0.2 billion." He highlighted the strategic acquisition of Infinera, a new operating model, and a sharpened focus on areas offering differentiation and sustainable leadership, especially within Network Infrastructure and AI/cloud-driven opportunities. Hotard noted strong momentum in Network Infrastructure: "In the fourth quarter, net sales grew 7%, driven by optical networks, which grew by 17%. Order intake was solid across both optical and IP networks with a book-to-bill above 1, supported by particularly strong demand from AI and cloud customers." He referenced investments to capture AI supercycle demand and discussed ramping production of 800-gig ZR and ZR+ pluggable products. The CEO described product launches in IP Networks—"We launched two new products in the quarter, the 7220 IXR-H6 switching platform powered by Broadcom's TH6 and our Agentic AI solution for event-driven automation management, which reduces network downtime by 96%. We also secured a design win for our next-generation data center switching platform." In Mobile Infrastructure, Hotard announced the integration of core software, radio networks, and technology standards into a new segment. He cited a 5G core deal with Telia, a collaboration with Bharti Airtel, and a new partnership with NVIDIA. He also referenced the creation of Nokia Defense and the full acquisition of Nokia Shanghai Bell. Marco Wiren, CFO, stated, "Net sales were EUR 6.1 billion, that's up 3% on the prior year. Gross margin was 48.1%, an improvement of 90 basis points, driven by improvements in Mobile Networks and Cloud and Network Services." Outlook The company is targeting 2026 op...
WASHINGTON (AP) — U.S. applications for unemployment benefits inched down modestly last week, remaining at historically healthy levels despite recent high-profile layoff announcements. Applications for jobless aid for the week ending Jan. 24 fell by 1,000 to 209,000 from the previous week’s number which was revised upward by 10,000, the Labor Department reported Thursday. Analysts surveyed by the ...
WASHINGTON (AP) — U.S. applications for unemployment benefits inched down modestly last week, remaining at historically healthy levels despite recent high-profile layoff announcements. Applications for jobless aid for the week ending Jan. 24 fell by 1,000 to 209,000 from the previous week’s number which was revised upward by 10,000, the Labor Department reported Thursday. Analysts surveyed by the data firm FactSet were expecting 205,000 new applications. Applications for unemployment benefits are seen as representative of U.S. layoffs and are close to a real-time indicator of the health of the job market. An assortment of high-profile companies have announced job cuts in the past year, including UPS, Amazon and Dow this week alone. That, combined with the government’s own sluggish labor market data, has left Americans increasingly pessimistic about the economy. Earlier this month, the government reported that hiring remained tepid in December, capping a year of weak employment gains that have frustrated job seekers even though layoffs and unemployment remained low. Employers added just 50,000 jobs last month, nearly unchanged from a downwardly revised figure of 56,000 in November, the Labor Department said. The unemployment rate slipped to 4.4%, its first decline since June, from 4.5% in November, a figure also revised lower. The January jobs report is due out next Friday, with analysts forecasting another ho-hum 50,000 job gains. The Labor Department also recently reported that businesses posted far fewer jobs in November than the previous month, a sign that employers aren’t yet ramping up hiring even as growth has picked up. Businesses and government agencies posted 7.1 million open jobs at the end of November, down from 7.4 million in October. Layoffs also dropped as companies seem to be retaining workers even as they are reluctant to add staff, a trend economists refer to as “low hire, low fire.” Recent government data has revealed a labor market in which hiring...