, /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) announced today the publication of its 2025 Sustainability Report, marking the midpoint of the Company's Twentyby30™ program and underscoring continued progress across its environmental, social and governance priorities.
Twentyby30™ is a comprehensive program which addresses key priorities including climate action, water stewardship, circularity and responsible sourcing, alongside employee safety and engagement, including 20 sustainability objectives to be completed by or before the end of 2030. The report highlights measurable achievements across Crown's global operations, alongside the introduction of refined and more targeted goals designed to accelerate progress toward 2030.
A key milestone in this year's report is the successful achievement of Crown's 2025 water stewardship goal, with a 20% reduction in water withdrawal across its operations, delivered while increasing production levels.
The Company continues to strengthen the integration of sustainability across its operations, further advancing efforts to optimize energy and water use while eliminating waste to landfill. Crown is simultaneously intensifying its engagement across its supply chain to accelerate decarbonization, working closely with suppliers and value chain stakeholders to advance aluminum decarbonization and reduce upstream emissions at scale.
In 2025, the Company took its commitment a step further by securing validation of its near‑term targets and net‑zero pathway from the Science Based Targets initiative (SBTi). Crown also deepened its understanding of nature-related dependencies and impacts and are reporting our first Nature-Related Financial Disclosures.
"At the midpoint of our Twentyby30™ program, we are proud of the progress achieved across our global operations," said Timothy J. Donahue, President, Chief Executive Officer and Chairman of the Board. "Achieving our 2025 water goal is a clear demonstration of what can be accomplished through strong operational discipline and global collaboration. We will continue to refine our priorities to drive meaningful impact and long-term value."
Sandrine Duquerroy-Delesalle, Vice President, Global Sustainability & External Affairs, added, "Delivering on key goals reflects the strength of our strategy and the dedication of our teams. As we move forward, our focus is on sharpening our efforts, prioritizing high-impact areas such as water-stressed regions, deepening engagement across our value chain, and ensuring our sustainability strategy continues to drive meaningful and measurable outcomes."
The report has been prepared in accordance with the Global Reporting Initiative (GRI) Core Standard and adheres to the Ten Principles of the United Nations Global Compact (UNGC). It also maps Crown's progress to indicators defined by the Sustainability Accounting Standards Board (SASB) Containers & Packaging Standard, and key United Nations Sustainable Development Goals (SDGs).
With sustainability embedded at the core of its business strategy, Crown remains focused on delivering tangible results today while advancing on its pathway toward a more resource-efficient and low-carbon future.
The full 2025 Sustainability Report is available here.
About Crown Holdings, Inc.
Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida. Learn more at www.crowncork.com.
Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this press release consists of forward-looking statements within the meaning of federal securities law. These forward-looking statements involve a number of risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied in the forward-looking statements. Important factors that could cause the statements made in this release or the actual results of operations or financial condition of the Company to differ are discussed under the caption "Forward Looking Statements" in the Company's Form 10-K Annual Report for the year ended December 31, 2025 and in subsequent filings. The Company does not intend to review or revise any particular forward-looking statement in light of future events.
For more information, contact: Sandrine Duquerroy-Delesalle, Vice President, Global Sustainability and External Affairs, (+33) 671 617 883
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, /PRNewswire/ -- Crown Holdings, Inc. (NYSE:CCK) will release its earnings for the second quarter ended June 30, 2026, after the close of trading on the New York Stock Exchange on Monday, July 20, 2026. The Company will hold a conference call to discuss these results at 9:00 a.m. (EDT) on Tuesday, July 21, 2026.
The dial-in numbers for the conference call are (630) 395-0194 or toll-free (888) 324-8108 and the access password is "packaging". A replay of the conference call will be available for a one-week period ending at midnight on July 28, 2026. The telephone numbers for the replay are (203) 369-0896 or toll free (866) 427-6407. A live webcast of the call will be made available to the public on the internet at the Company's website, www.crowncork.com.
Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida.
For more information, contact Corporate Communications at (215) 602-2653.
RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that Dr. Dave Young has joined the company as Executive Vice President and Chief Operating Officer. Young will report to John Mengucci, CACI President and Chief Executive Officer, and serve on the company’s executive leadership team.
Young joins CACI as the company continues to grow and deliver complex technology capabilities for national security customers.
Share Young brings extensive operational, business development, and national security leadership experience across space, defense technology, advanced systems, and mission-focused businesses. He joins CACI as the company continues to grow and deliver complex technology capabilities for national security customers.
“CACI is an innovative, technology-first defense company solving some of the nation’s most critical missions, and Dave is exactly the kind of leader we need as we continue to grow,” said Mengucci. “His operational discipline, strategic perspective, and leadership experience will strengthen how we execute, support growth, and build on our momentum for the opportunities ahead.”
Most recently, Young served as General Manager of National Security Space at Lockheed Martin, where he had full profit-and-loss responsibility for a business with approximately $7 billion in revenue last year. In that role, he led Lockheed Martin’s satellite, satellite ground, and space warfighting portfolios, overseeing more than 250 critical defense and intelligence community programs and a team of more than 10,000 employees.
Young previously served as Senior Vice President and Chief Operating Officer of CAES, where he led operations, engineering, advanced programs, business development, communications, government relations, and strategy across a more than $1 billion defense electronics business. Earlier in his career, he held senior leadership roles at Lockheed Martin and Northrop Grumman.
Young holds a Ph.D. and a Master of Science in Aerospace Engineering from the Georgia Institute of Technology, as well as bachelor’s degrees in Aeronautical Engineering and Physics from Clarkson University.
About CACI
CACI International Inc (NYSE: CACI) is a national security company with 27,000 talented employees who are Ever Vigilant in expanding the limits of national security. We ensure our customers’ success by delivering differentiated technology and distinctive expertise to accelerate innovation, drive speed and efficiency, and rapidly anticipate and eliminate threats. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. We are members of the Fortune 500™, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at caci.com.
There are statements made herein which do not address historical facts and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.
Eli Lilly and Company's Chief Scientific and Product Officer brings pharmaceutical R&D and scientific leadership perspective to Illumina's Board
, /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced the appointment of Daniel M. Skovronsky, MD, PhD, to its Board of Directors, effective June 16, 2026. Dr. Skovronsky brings extensive experience in drug discovery, clinical development and translational medicine, which are areas directly relevant to Illumina's work advancing genomics and multiomics platforms.
Illumina appointed Daniel M. Skovronsky, MD, PhD, to its Board of Directors. "Dan brings a rare combination of scientific expertise, innovation leadership, and healthcare impact," said Jacob Thaysen, chief executive officer of Illumina. "His experience building and advancing large research portfolios gives our Board a perspective that can help strengthen Illumina's ability to drive innovation across genomics, multiomics, and precision medicine."
Dr. Skovronsky currently serves as Chief Scientific and Product Officer of Eli Lilly and Company and President of Lilly Research Laboratories, where he leads Lilly's global research and development organization and oversees commercial products across Lilly Cardiometabolic Health, Lilly Immunology, and Lilly Neuroscience.
He joined Lilly in 2010, following the acquisition of Avid Radiopharmaceuticals, a company he founded in 2004 and led as Chief Executive Officer. Since joining Lilly, he has held roles of increasing responsibility across the organization.
He previously served on the Board of Directors of Myriad Genetics, Inc.
Dr. Skovronsky received a Bachelor of Science in molecular biophysics and biochemistry from Yale University and earned both his MD and PhD from the University of Pennsylvania. He completed residency training in pathology and fellowship training in neuropathology at the Hospital of the University of Pennsylvania.
About Illumina
Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit illumina.com and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube.
Key Takeaways LGI Homes stock has surged 56% in three months, outpacing peers amid stronger investor confidence.LGI Homes' backlog rose 63% YoY to 1,699 homes, the highest since Q1 2022.LGI Homes raised 2026 margin guidance, though premium valuation and affordability risks remain. LGI Homes, Inc. (LGIH - Free Report) has emerged as a standout performer in the homebuilding space, with its shares jumping 56% over the past three months. As a leading homebuilder focused on entry-level and move-up buyers, the company has built strong momentum through its disciplined execution and resilient operating performance. The impressive rally has substantially outperformed the 5.1% gain of the Zacks Building Products - Home Builders industry, the 13.5% rise of the broader Zacks Construction sector and the 14.2% growth of the S&P 500 Index, reflecting growing investor confidence in LGIH's operating performance and long-term growth prospects.
The sharp rally has been fueled by resilient demand for affordable housing, improving sales momentum and the company's disciplined execution amid a challenging housing environment. Adding to the positive outlook, LGI Homes raised its full-year gross margin and adjusted gross margin guidance following its first quarter 2026 results while reaffirming its expectations for annual closings, community count and average selling price.
LGIH’s 3-Month Price Performance
Image Source: Zacks Investment Research
In the past three months, LGIH has outperformed other industry players like Toll Brothers, Inc. (TOL - Free Report) , which saw a 12.8% rise, KB Home (KBH - Free Report) , which posted a modest 1.9% gain and Lennar Corporation (LEN - Free Report) , which experienced a 4% decline.
LGI Homes’ Core Fundamentals Remain Supported by Housing DemandDespite ongoing affordability challenges in the housing market, LGI Homes continues to benefit from favorable long-term housing fundamentals. Management highlighted the persistent undersupply of attainable housing in the United States and supportive demographic trends that continue to drive demand for homeownership. The company’s entry-level, spec-home-focused business model remains well-positioned as it offers an affordable alternative to renting.
Demand trends improved as the first quarter progressed, with sales activity strengthening across most markets. Net orders totaled 1,221 homes, while backlog increased 63% year over year and 22% sequentially to 1,699 homes, marking the highest backlog level since the first quarter of 2022. Management noted that buyer engagement remained healthy despite elevated mortgage rates and macroeconomic uncertainty.
LGIH's Self-Development Strategy Drives Competitive EdgeA key strength for LGI Homes is its largely self-developed land pipeline. The company owns nearly 87% of its lot inventory and maintains a predominantly on-balance-sheet land strategy, allowing it to capture developer profits internally while reducing reliance on third-party land developers. Management believes this model supports stronger and more durable margins compared with many peers.
LGIH ended the first quarter with 59,028 owned and controlled lots, including more than 51,000 owned lots. Importantly, the company already has roughly 13,400 finished vacant lots and substantial land under development, providing visibility into future community growth while limiting near-term exposure to rising land development costs.
LGIH's Margin Strength Supports Earnings GrowthLGIH’s profitability exceeded expectations during the first quarter. Gross margin excluding inventory impairment reached 20.2%, while adjusted gross margin was 23.4%, exceeding management’s prior guidance range. The better-than-expected performance was driven by cost relief, favorable geographic mix, improved inventory management and selective pricing gains across several communities.
Encouraged by the strong first-quarter results and growing backlog, management raised its full-year 2026 gross margin guidance to 18.5%-20.5% and adjusted gross margin guidance to 22%-24%. The company also expects to achieve between 4,600 and 5,400 home closings this year while expanding its active community count to 150-160 by year-end.
LGIH’s Balance Sheet Remains a Key Strength, Though Risks PersistLGIH maintains a solid capital base with more than $2.1 billion of equity and a book value per share of $90.50. The company ended the first quarter with $355 million of liquidity, including nearly $61 million in cash and $294 million available under its revolving credit facility. Management remains focused on reducing leverage over time while selectively monetizing older inventory and non-core land positions.
That said, risks remain. Elevated mortgage rates and affordability pressures have contributed to a high cancellation rate, while macroeconomic uncertainty and weaker consumer confidence could weigh on demand, particularly among entry-level buyers. Rising insurance, property tax and homeownership costs, along with intense competition and continued use of incentives, may pressure margins. Additionally, LGIH's relatively high debt-to-capital ratio of 44.8% could limit financial flexibility, making sustained execution critical in a challenging housing market.
Earnings Estimate Revision of LGIH StockLGIH's earnings estimates have moved higher over the past 60 days, with the Zacks Consensus Estimate for 2026 and 2027 increasing to $2.76 and $3.85 per share, respectively. The 2026 estimate implies an 11.5% year-over-year decline, while the 2027 projection indicates a strong 39.5% increase.
Image Source: Zacks Investment Research
On the other hand, earnings for Toll Brothers, KB Home and Lennar are projected to decline 6%, 52.5% and 32.1%, respectively, year over year in the current year.
LGIH Stock Trades at a PremiumLGIH trades at a premium valuation, with a forward 12-month P/E ratio of 17.3x, above the industry average. The premium reflects investor confidence in the company's strong margins, sizable land portfolio and improving demand trends. However, following the stock's recent rally, the elevated valuation may limit near-term upside and leave less room for execution missteps. Any slowdown in housing demand, persistently high mortgage rates or margin pressure from increased incentives could prompt a reassessment of the stock's premium multiple.
LGIH P/E Ratio (Forward 12 Months)
Image Source: Zacks Investment Research
In comparison, Toll Brothers trades at a forward 12-month P/E multiple of 11.42x, while KB Home trades at 11.27x. Lennar carries a higher valuation of 14.08x on the same basis. Against this peer backdrop, LGI Homes’ premium valuation appears less compelling, despite its improving margin outlook, growing backlog, strong land position and favorable long-term demand drivers.
Our Take on LGI HomesLGI Homes remains well-positioned to capitalize on favorable long-term housing fundamentals, supported by persistent demand for affordable housing, demographic tailwinds and a business model focused on providing attainable homeownership opportunities. The company’s vertically integrated, self-development strategy and predominantly owned land portfolio provide a meaningful competitive advantage by enhancing margin durability, capturing development profits internally and reducing reliance on third-party developers.
LGI Homes offers investors a compelling mix of improving operational momentum, margin expansion and a differentiated land strategy, supported by strong long-term demand for affordable housing. Its growing backlog and improving earnings visibility underscore management's ability to navigate affordability pressures and elevated mortgage rates. However, affordability constraints, elevated mortgage rates, macroeconomic uncertainty and high cancellation rates remain key risks. LGIH also trades at a premium valuation relative to peers, making future gains dependent on its ability to sustain margin expansion and convert backlog into closings. Persistent inflation, rising insurance and property tax costs, labor shortages and higher construction material costs could further pressure demand and profitability. Despite these headwinds, the company's strong land position and favorable long-term demand drivers should support sustainable earnings growth.
LGIH stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
YUBA CITY, Calif., June 23, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) proudly announces the Grand Opening of Chima Ranch, a brand-new community offering spacious homes, exceptional value, and a desirable location in the heart of Yuba City. Surrounded by scenic orchards and established neighborhoods, Chima Ranch provides residents with a peaceful setting while remaining just minutes from everyday conveniences, major employers, outdoor recreation, and the Feather River.
At full build-out, Chima Ranch will feature 82 homesites with a collection of thoughtfully designed three-, four-, and five-bedroom homes. Each home showcases LGI Homes' CompleteHome™ package, which includes a host of sought-after upgrades at no additional cost. Homeowners will enjoy energy-efficient Whirlpool® stainless steel kitchen appliances, premium hard-surface countertops, designer plank flooring, modern fixtures, and other carefully selected finishes. Spacious layouts, open-concept living spaces, and attached two-car garages provide both functionality and comfort for today's homebuyers.
Five thoughtfully designed floor plans will be available at Chima Ranch, starting in the $490s:
Baker – 3 beds, 2 baths, 2-car garage, 1,335 sq. ft.Carmel – 3 beds, 2 baths, 2-car garage, 1,505 sq. ft. An Accessory Dwelling Unit (ADU) is available with select Carmel floor plans Eureka – 4 beds, 2 baths, 2-car garage, 1,708 sq. ft.Newport – 4 beds, 2.5 baths, 2-car garage, 1,943 sq. ft.Stallion – 5 beds, 3 baths, 2-car garage, 2,492 sq. ft.
“Our spacious lot sizes at Chima Ranch will allow homebuyers the opportunity to purchase an ADU on many of our home sites. These ADU’s can become the perfect guest house, multi-generational suite, or even an income producing opportunity for our homeowners,” stated Chris Kelly, Regional President.
Located just north of Sacramento, Chima Ranch places homeowners close to the shopping, dining, and entertainment options found at Yuba Sutter Mall and Yuba City Marketplace. Residents can also take advantage of the area's abundant recreational opportunities, including local parks, walking trails, and the nearby Feather River, where fishing, boating, and waterfront relaxation await. Families will also appreciate easy access to Gauche Aquatic Park, a popular summer hotspot featuring pools, a splash pad, and waterslides for all ages.
To celebrate the community's Grand Opening, LGI Homes will host a special event on June 20, 2026, featuring limited-time savings available exclusively during the event weekend. Interested homebuyers are encouraged to call (866) 460-3472 ext 792 to schedule a tour or visit the Chima Ranch Information Center, located at 1669 Sanborn Road in Yuba City. The Information Center is open daily from 10:00 a.m. to 6:00 p.m.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at https://www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c10c9f33-3ce8-4325-933d-3add766ab3bb
The ADU by LGI Homes at Chima Ranch The ADU is a one bedroom, one bathroom unit that is available on select home sites
Key Takeaways VPG shares jumped 35.9% in four weeks as current-year earnings estimates rose 28.9% in 60 days. ASX, SNEX and HOFT posted strong recent gains alongside earnings growth expectations and estimate boosts.HLIO benefits from order growth, expanding markets, margin recovery and improving earnings estimates. U.S. stock markets have been witnessing an astonishing bull-run over the past three and half years, barring some intermittent fluctuations. All three major stock indexes, along with the mid-cap and small-cap benchmarks, are in positive territory. The Dow, the S&P 500 and the Nasdaq Composite, are currently trading around their all-time highs.
As a result, several stocks have shown price strength. We have primarily targeted stocks that have recently been on a bull run. These stocks have a high chance of carrying the momentum forward.
Five such stocks are — Vishay Precision Group Inc. (VPG - Free Report) , ASE Technology Holding Co. Ltd. (ASX - Free Report) , StoneX Group Inc. (SNEX - Free Report) , Hooker Furnishings Corp. (HOFT - Free Report) and Helios Technologies Inc. (HLIO - Free Report) .
If a stock is continuously witnessing an uptrend, there must be a solid reason or it would have probably crashed. So, looking at stocks capable of beating the benchmark that they have set for themselves seems rational.
However, recent price strength alone cannot create magic. Therefore, other relevant parameters are needed to create a successful investment strategy.
Here’s how you should create the screen to shortlist the current as well as the potential winners.
Screening Parameters:Percentage Change in Price (4 Weeks) greater than zero: This criterion shows that the stock has moved higher in the last four weeks.
Percentage Change Price (12 Weeks) greater than 10: This indicates that the stock has seen momentum over the last three months. This lowers the risk of choosing stocks that may have drawn attention due to the overwhelming performance of the overall market in a very short period.
Zacks Rank 1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today’s Zacks #1 Rank stocks here.
Average Broker Rating 1: This indicates that brokers are also highly hopeful about the stock’s future performance.
Current Price greater than 5: The stocks must all be trading at a minimum of $5.
Current Price/ 52-Week High-Low Range more than 85%: This criterion filters stocks that are trading near their respective 52-week highs. It indicates that these are strong enough in terms of price.
Just these few criteria narrowed down the search from over 7,700 stocks to 15.
Let’s discuss five out of those 15 stocks here:
Vishay Precision Group is a designer, manufacturer and marketer of resistive foil technology products such as resistive sensors, weighing modules, and control systems for a wide variety of applications. VPG provides vertically integrated products and solutions for multiple growing markets in the areas of stress measurement, industrial weighing, and manufacturing process control.
VPG’s product portfolio includes: Bulk Metal foil resistors and sensors, strain gages and instruments, load cells, modules and PhotoStress products. VPG also provides systems to control process weighing in food, chemical, and pharmaceutical plants, force measurement systems used to control web tension in paper mills, roller force in steel mills, and cable tension in winch controls, on-board weighing systems installed in logging and waste-handling trucks, and special scale systems used for aircraft weighing and portable truck weighing.
The stock price of Vishay Precision Group has jumped 35.9% over the past four weeks. The company has an expected earnings growth rate of 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 28.9% over the last 60 days.
ASE Technology is a provider of semiconductor manufacturing services in assembly and testing. ASX operates through Packaging, Testing, and EMS. ASX operates primarily in Taiwan, China, South Korea, Japan, Singapore, Malaysia, Mexico, the United States and Europe.
ASX develops and offers complete turnkey solutions covering front-end engineering testing, wafer probing and final testing as well as IC packaging, materials and electronic manufacturing services.
The stock price of ASE Technology has climbed 24.3% over the past four weeks. It has an expected earnings growth rate of 43.9% for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 6.5% over the last 60 days.
StoneX Group operates as a global financial services network that connects companies, organizations, traders, and investors to the market ecosystem worldwide. SNEX operates through Commercial, Institutional, Retail, and Global Payments segments. Through its subsidiaries, SNEX offers execution, post-trade settlement, clearing and custody services.
SNEX’s volatile operating backdrop continues to aid the company, with growth in client assets, average client funds, securities clearing, prime brokerage, digital assets and metals providing stable recurring income. SNEX’s broad product ecosystem, geographic reach, acquisitions, scaling equities and payments via automation and AI, and a large addressable market will support future growth.
The stock price of StoneX Group has surged 23.7% in the past four weeks. The company has expected earnings growth of 52.7% for the current year (ending September 2026). The Zacks Consensus Estimate for the current year’s earnings has improved 8.2% over the last 30 days.
Hooker Furnishings is a leading manufacturer and importer of residential furniture, primarily targeted at the upper-medium price range. HOFT offers diversified products, consisting primarily of home office, entertainment centers, imported occasional, bedroom, and wall systems, across many style categories within this price range. HOFT operates through Hooker Branded, Domestic Upholstery, and All Other segments.
The stock price of Hooker Furnishings has rallied 21% in the past four weeks. The company has expected earnings growth of more than 100% for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 16.4% over the last seven days.
Helios Technologies is benefiting from sustained order momentum, expanding market reach and improving profitability. HLIO has delivered double-digit order growth for more than a year, with backlog also rising. Growth across both Hydraulics and Electronics segments is being driven by infrastructure-related demand, OEM strength and recovery in select end markets.
New product launches are broadening HLIO’s addressable markets, including newer applications such as data center thermal management. At the same time, margin recovery is gaining traction through volume leverage and operational efficiencies. HLIO’s solid cash generation and lower leverage provide flexibility to invest, pursue selective acquisitions and enhance shareholder returns.
The stock price of Helios Technologies has advanced 16.1% over the past four weeks. The company has an expected earnings growth rate of 12.9% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 5.5% over the last 60 days.
Credit delinquencies showed signs of stabilizing during a period of relative economic stability Mortgage balances continued to climb, while delinquency rates returned to pre-pandemic levelsRegional delinquency trends highlight diverging risk profiles across the provinces TORONTO, June 23, 2026 (GLOBE NEWSWIRE) -- Gen Z is emerging as the fastest growing and most dynamic segment in the Canadian credit market, according to TransUnion analysis released alongside the Q1 2026 Credit Industry Insights Report (CIIR). As more Gen Z consumers enter the financial ecosystem and become credit eligible, growth in credit demand and supply, coupled with year-over-year (YoY) improvements in credit performance, has supported this trend.
The number of credit active Gen Z consumers increased by more than 460,000 new participants YoY, a 7.8% rise – the fastest growth across all generations. At the same time, Gen Z borrowers also took on more non-mortgage debt, with average balances up more than 9% YoY, outpacing other generations. This suggests a shift beyond early credit adoption toward higher credit utilization, as more Gen Z consumers expand their wallet profiles with additional credit products.
Recent borrowing patterns among Gen Z consumers reflect demand for products offering accessible funding, streamlined approval processes and flexible repayment options, which suggest increased use of credit for day-to-day expenses rather than longer-term borrowing. While this group generally holds a higher share of credit card and personal loan debt, older Gen Z consumers are beginning to participate in secured loans, such as auto loans and mortgages. Although Gen Z currently carries lower overall debt on average than other generations, their balances may continue to grow as more consumers enter the market and existing borrowers move through additional life stages.
Non-Mortgage Balance Per Consumer by Generation Q1 2025
Avg. non-mortgage balance per consumerQ1 2026
Avg. non-mortgage balance per consumerYoY Change (%)Gen Z$12,483$13,6219.1%Millennials$28,048$29,7476.1%Gen X$41,234$42,2262.4%Baby Boomers$25,177$25,128-0.2%Silent Generation$10,318$10,252-0.6%Source: TransUnion Canada Credit Database Gen Z consumers are significantly less likely to be scored in above prime risk tiers than the overall population, which is largely due to their shorter credit histories and thinner credit files on average. Currently, 19.9% of Gen Z consumers are considered super prime, compared to 42.2% of the total population. However, many Gen Z consumers are still early in their credit journeys and have potential for future score improvements and broader access to credit products over time access to the right products and data, as demonstrated by prior TransUnion studies.
Despite higher balances and participation, credit performance among Gen Z consumers improved across all levels of delinquency over the past year, showing that fewer Gen Z consumers have fallen behind on payments. However, Gen Z still had the highest incidence of delinquency compared to other generations, reflecting their earlier stage in the credit lifecycle and lower credit scores.
Serious Delinquency Rates by Generation Q1 2025
Serious Delinquency (Consumer-level 90_ DPD)Q1 2026
Serious Delinquency (Consumer-level 90_ DPD)YoY Change (bps)Gen Z2.86%2.75%-11Millennials2.41%2.39%-2Gen X1.76%1.74%-2Baby Boomers0.93%0.91%-2Silent Generation0.86%0.83%-3Source: TransUnion Canada Credit Database Overall growth among older generations may moderate over the next three to five years as consumers continue to pay down existing debt and slow their rate of new borrowing. As a result, younger borrowers may represent an increasingly important segment of future credit growth, while remaining relatively early in their credit journeys.
“The Canadian credit market is transitioning to a phase of stabilizing risk, with signs of normalization. While Gen Z continues to exhibit higher delinquency rates than other generations, they have shown the strongest year-over-year improvement in credit performance, signaling improving credit performance trends,” said Matt Fabian, senior director of financial services research and consulting at TransUnion Canada. “These trends may create opportunities for lenders to balance risk management and growth objectives, particularly in high-demand segments like Gen Z.”
Canadian Consumer Credit Delinquencies Show Signs of Stabilization
Canadian consumers are showing signs that credit stress may be stabilizing, with serious delinquency rates across major lending products remaining above pre-2023 levels but rising more slowly or remaining flat in recent quarters. Total consumer delinquency (90+ days past due) rose from 1.48% in early 2022 to 1.86% in Q1 2026, with most products peaking in early 2025 before stabilizing.
Delinquencies across most product categories showed slight YoY increases in Q1 2026, but the pace of change slowed, signaling potential stabilization. Credit cards and lines of credit began to level off, while personal loans showed continued strain in repayment performance. Auto lending also showed higher delinquencies, likely driven by higher vehicle costs, financing rates and other market conditions, with fraud potentially contributing to elevated delinquency levels. Mortgage delinquencies, while low compared to historic levels, have gradually increased over the past two years, indicating continued pressure in secured lending.
Consumer Level Serious Delinquency by Product Cards 90 DPDAuto 60DPDLOC 60DPDInstall 60DPDMortgage 60DPDQ1 20240.91%0.91%0.40%2.06%0.23%Q1 20250.99%0.92%0.47%2.52%0.26%Q1 20260.98%0.96%0.45%2.60%0.29%YoY-1 4 -2 8 3 Source: TransUnion Canada Credit Database At the national level, serious consumer delinquency rates are showing signs of stabilization, although underlying performance continues to vary significantly across provinces. As of Q1 2026, total consumer delinquency (90+ days past due) across all credit products edged slightly lower YoY to 1.86%, which suggests that, while elevated, overall credit stress may be leveling off.
Regional differences have become more pronounced, highlighting differing economic conditions across the country. Alberta remains an outlier, with delinquency rising to 2.43%, up 6 basis points YoY, consistent with regions tied to industries that are historically more volatile and sensitive to economic conditions.
In contrast, several provinces have seen meaningful improvement. Manitoba, Newfoundland and Labrador, Nova Scotia and British Columbia all recorded YoY declines, which may indicate improving or stabilizing credit conditions in parts of the country.
Ranking Consumer-Level Delinquency Rate (90+ Days Past Due) On Any Credit Product by Province Q1 2024Q1 2025Q1 2026Y/YCanada1.76%1.88%1.86%-2AB2.21%2.37%2.43%6NB2.16%2.13%2.03%-10ON1.82%2.00%2.00%0MB2.11%2.13%1.96%-17NS2.06%2.04%1.95%-9SK2.00%1.97%1.95%-2NL2.00%1.91%1.79%-12PEI1.86%1.85%1.76%-9BC1.69%1.76%1.71%-5QC1.29%1.37%1.36%-1Source: TransUnion Canada Credit Database Mortgage Balances Continued to Grow as Delinquency Normalizes Amid Renewals
Mortgage balances continued to grow, with total outstanding balances rising 3.85% YoY to $1.91 trillion. The average mortgage balance also increased 4.3% to $290,528, which may reflect ongoing affordability pressures.
Mortgage delinquencies have also trended upward through late 2025 and into early 2026, with the national 90+ day rate reaching 0.19% in Q1 2026, up from 0.16% a year earlier. Despite this recent increase, delinquency rates remain broadly consistent with pre-pandemic levels.
Historical Mortgage Delinquency Rates Q1 2019Q1 2023Q1 202630+ Days past Due0.55%0.35%0.50%60+ Days Past Due0.28%0.17%0.28%90+ Days Past Due0.18%0.11%0.19%Source: TransUnion Canada Credit Database Balance-level delinquency has risen faster than account-level delinquency, with the 30+, 60+ and 90+ days past due balance-level delinquency rate increasing 13.8%, 23.9% and 29.3% YoY respectively. This suggests that higher-balance loans are disproportionately represented in delinquency, amplifying potential loss severity even as overall delinquency rates remain contained.
Mortgage delinquency trends varied across Canada, suggesting localized pressure rather than widespread deterioration. Ontario and Prince Edward Island saw the largest increases in early‑stage delinquency, while British Columbia experienced modest growth and Quebec remained stable.
In contrast, most Prairie provinces and parts of Atlantic Canada recorded lower delinquency rates, led by Newfoundland and Labrador, Alberta and Saskatchewan. Despite these improvements, delinquency levels remained highest in Saskatchewan and Newfoundland and Labrador, highlighting continued regional variation in mortgage performance.
Mortgage 30+ Day Delinquency By Province Q1 2025Q1 2026YoY (bps)PE0.49%0.57%8ON0.46%0.54%7BC0.41%0.44%3NB0.58%0.59%1QC0.39%0.39%0NS0.61%0.59%-1MB0.60%0.58%-2AB0.62%0.58%-4SK0.68%0.64%-4NL0.68%0.63%-6Source: TransUnion Canada Credit Database “While delinquency rates remain low by historical standards, the upward trend may reflect increasing affordability pressures as higher interest rates, elevated housing costs and persistent cost‑of‑living challenges continue to weigh on household finances, particularly in higher‑priced urban markets,” Fabian said. “Delinquencies remain historically low, but rising balance sizes and affordability pressure are beginning to show, potentially indicating a gradual shift toward higher‑severity risk, particularly in Canada’s more expensive housing markets.”
Consumer Credit Index Remains Flat Year-Over-Year Despite Slow Long-Term Decline
In Q1 2026, Canada's Consumer Credit Industry Indicator (CII) rose one point from the prior quarter but remained unchanged YoY at 100.4. This stability may reflect a combination of continued positive balance behavior, a slight rise in delinquency rates and consistent levels of credit supply and demand. However, over the long term, the CII has been gradually declining from its post-pandemic peak in 2023.
Source: TransUnion Canada Credit Database
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Doha, Qatar--(Newsfile Corp. - June 23, 2026) - Invest Qatar, the country's investment promotion agency, today announced the launch of the Venture Capital (VC) Funding Module on the Invest Qatar Gateway, developed in collaboration with Qatar Investment Authority (QIA). The new offering enhances startups access to capital and investment opportunities, marking a significant milestone in Qatar's efforts to strengthen its entrepreneurship ecosystem.
The new module, accessible to all Invest Qatar Gateway members, consolidates the VC discovery and application process into a single, streamlined platform.
Through this module, startups can explore the investment focus areas and eligibility criteria of participating VC funds, many of which are backed by QIA through its $3 billion Fund of Funds programme. Startups can also access value-added services and support programmes and submit their pitches directly to fund managers.
By centralising these resources, the platform enhances efficiency, transparency and accessibility throughout the fundraising journey. It also reflects Invest Qatar's continued commitment to fostering innovation and supporting emerging businesses by directly connecting founders with a curated network of VC funds.
In its initial phase, the module features a growing network of participating funds and ecosystem partners, including Tech Venture Fund by Qatar Science & Technology Park (QSTP), and QIA-backed funds A-Typical Ventures, B Capital, Builders VC MENA, Deerfield, The Utopia Studio, Founders Circle Capital, Greycroft, Human Capital, Ion Pacific, Liberty City Ventures, Rasmal Ventures, Shorooq, Speedinvest and The Radical Fund.
Commenting on the new launch, Dr. Hamad Rashid Al-Naimi, Chief Strategy Officer at Invest Qatar, said: "The VC Funding Module is the latest addition to the Invest Qatar Gateway, a platform we have built deliberately to streamline and simplify every stage of a founder's journey. By bringing QIA-backed funds together on a single, transparent platform, we offer startups something rare in emerging ecosystems: a clear, direct path from idea to institutional capital, with access to the networks, expertise and resources needed to scale and succeed globally."
"As Qatar's venture capital ecosystem continues to evolve, this module will provide entrepreneurs with a centralised platform that enables them to have greater visibility of the opportunities available, and clearer pathways to connect with the relevant fund managers," said Haya Al Ghanim, Director of Qatar Funds at QIA. "This module supports our shared mission of establishing Qatar as a leading destination for innovation and entrepreneurship."
Startups seeking access to venture capital are encouraged to visit the Invest Qatar Gateway and explore the newly launched VC Funding Module. Through the platform, entrepreneurs can review participating QIA-backed funds, assess investment criteria and formally submit their pitch to fund managers. To register, learn more or get in touch with the Invest Qatar team, please visit: https://gateway.invest.qa/.
Invest Qatar Gateway launches new VC Funding feature
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Dr. Hamad Rashid Al-Naimi, Chief Strategy Officer at Invest Qatar
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Haya Al Ghanim, Director of Qatar Funds at QIA
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ENDS
About Invest Qatar
The Investment Promotion Agency Qatar's (Invest Qatar) mission is to accelerate Qatar's economic diversification and global competitiveness by proactively attracting targeted investment, developing priority economic clusters and delivering an exceptional end-to-end investor experience.
Invest Qatar partners with investors throughout their journey, from exploration and setup to expansion, supporting their long-term growth by providing comprehensive insights into Qatar's business landscape, sector-specific market knowledge and tailored investment facilitation.
For more information, please visit www.invest.qa.
@InvestQatar | #InvestQatar
About Qatar Investment Authority
Qatar Investment Authority (QIA) is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.
For more information, please visit https://www.qia.qa/.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302335
Source: Invest Qatar
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Visteon (VC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
AI's next bottleneck may not be chips. See why electricity demand could turn Constellation Energy and Vistra into two of the market's most important power stocks.
Vistra Corp. (VST - Free Report) closed the most recent trading day at $167.26, moving +2.14% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.37%. Elsewhere, the Dow saw an upswing of 0.29%, while the tech-heavy Nasdaq depreciated by 1.33%.
Shares of the company have appreciated by 4.79% over the course of the past month, outperforming the Utilities sector's loss of 0.31%, and the S&P 500's gain of 2.02%.
Market participants will be closely following the financial results of Vistra Corp. in its upcoming release. The company's upcoming EPS is projected at $2.16, signifying a 113.86% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $6.26 billion, indicating a 47.32% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $9.31 per share and revenue of $23.02 billion, indicating changes of +77% and +29.76%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Vistra Corp. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Vistra Corp. is currently a Zacks Rank #3 (Hold).
With respect to valuation, Vistra Corp. is currently being traded at a Forward P/E ratio of 17.58. This represents a discount compared to its industry average Forward P/E of 17.88.
The Utility - Electric Power industry is part of the Utilities sector. This group has a Zacks Industry Rank of 160, putting it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Vistra Corp. (VST - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this company have returned -1.3%, compared to the Zacks S&P 500 composite's -1.3% change. During this period, the Zacks Utility - Electric Power industry, which Vistra falls in, has gained 0.2%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Vistra is expected to post earnings of $2.16 per share, indicating a change of +113.9% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The consensus earnings estimate of $9.31 for the current fiscal year indicates a year-over-year change of +77%. This estimate has changed +0.2% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $11.21 indicates a change of +20.4% from what Vistra is expected to report a year ago. Over the past month, the estimate has changed +0.3%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Vistra.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Vistra, the consensus sales estimate for the current quarter of $6.26 billion indicates a year-over-year change of +47.3%. For the current and next fiscal years, $23.02 billion and $25.79 billion estimates indicate +29.8% and +12% changes, respectively.
Last Reported Results and Surprise HistoryVistra reported revenues of $5.64 billion in the last reported quarter, representing a year-over-year change of +43.4%. EPS of $2.87 for the same period compares with $0.46 a year ago.
Compared to the Zacks Consensus Estimate of $5.45 billion, the reported revenues represent a surprise of +3.54%. The EPS surprise was +29.86%.
Over the last four quarters, Vistra surpassed consensus EPS estimates three times. The company topped consensus revenue estimates just once over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Vistra is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Vistra. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
New Role Supports Strategic Investment in Stratos Wealth Holdings, Advancing Platform Capabilities and Long-Term Technology Strategy
, /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced the appointment of Rob Wrzesniewski as Head of Stratos Technology within SEI's Asset Management business. He will report to Jeff Benfield, Chief Product Officer at SEI, and Jeff Concepcion, Founder and CEO of Stratos, while working closely with leaders across advisor product, technology, asset management, and sales teams.
In this newly created role, Wrzesniewski will advance Stratos' technology strategy, with a focus on advisor technology oversight, platform alignment, and long-term capability development. He will also oversee SEI's advisor-facing technologies to help ensure the platforms are scalable, resilient, and deliver a consistent, high-quality advisor experience. Operating at the intersection of technology, product, and business strategy, he will help ensure Stratos technology investments align with advisor needs and SEI's enterprise objectives.
Wrzesniewski joined SEI in 1992 and has served in a variety of leadership roles across its Advisor and Private Banking businesses as well as its Investment Management Unit. Most recently, he led the Global Solutions team for SEI's Private Banking and Wealth Management business, overseeing the strategic vision, development, and implementation of SEI's global banking solutions.
Commenting on Wrzesniewski's appointment, Benfield said:
"Rob has a deep understanding of how technology, product strategy, and advisor needs come together to drive real outcomes. In this role, he will help ensure Stratos technology investments are aligned to SEI's enterprise priorities and the advisor experience, while also partnering with our Asset Management business to unlock technology-enabled insights, tools, and capabilities that support growth."
Jeff Concepcion, Founder and CEO of Stratos, added:
"Stratos was built to help advisors run stronger practices and deliver a more connected client experience. Rob's leadership will bring even tighter alignment between Stratos' platform strategy and SEI's broader technology ecosystem. This will help us accelerate how we deliver new capabilities, strengthen our advisor technology foundation, and stay ahead of what advisors need next."
Wrzesniewski said:
"I'm excited to step into this role at a time when advisors and investors expect more connected, insight-driven experiences. Stratos plays an important role in helping advisory practices grow and navigate transition planning, and that makes it essential to deliver technology that can scale with demand and keep pace with evolving workflows and regulatory requirements. I look forward to partnering across SEI and Stratos to deliver the next wave of insights and tools that strengthen portfolio management and client engagement, while focusing our investments where they will deliver the greatest value across the enterprise."
In December 2025, SEI announced the completion of the first stage of its strategic investment in Stratos Wealth Holdings. Stratos' client service model, custodial relationships, and current offerings are strengthened by SEI's capabilities across technology, custody, operations, and asset management. Together, the companies share a long-standing commitment to advisor independence, choice, and flexibility.
About SEI®
SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of March 31, 2026, SEI manages, advises, or administers approximately $1.9 trillion in assets. For more information, visit seic.com.
Forward-looking statements
This communication contains forward-looking statements within the meaning of the rules and regulations of the Securities and Exchange Commission. In some cases, you can identify forward looking statements by terminology, such as "may," "will," "expect," "believe," "can," "continue," "seek," or similar expressions.
SEI's forward-looking statements include its current expectations as to:
The potential benefits to SEI and Stratos from the advancement of Stratos' technology strategy as a result of this appointment. The ability of SEI's and Stratos' platforms to deliver scalable and advisor-focused technology experiences. The development and speed of delivery of SEI's and Stratos' new technology and capabilities to support advisor growth, client engagement, and SEI's overall enterprise objectives. You should not place undue reliance on any forward-looking statements, as they are based on the current beliefs and expectations of management and are subject to significant risks and uncertainties, many of which are beyond management's control or are subject to change. Although management believes the assumptions upon which the forward-looking statements are based are reasonable, they could be inaccurate. Some of the risks and important factors that could cause actual results to differ from those described in SEI's forward looking statements can be found in the "Risk Factors" section of SEI's Annual Report on Form 10-K for the year ended Dec. 31, 2025, filed with the Securities and Exchange Commission. SEI undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) today announced the successful completion of its previously established at-the-market (ATM) equity offering program. No further shares will be sold under this program. The ATM equity offering program, which was originally established on February 27, 2024, allowed AWR to sell shares of its common stock, from time to time at its sole discretion, having an aggregate gross sales price of up to $200 million. Through June 12, 2026, AWR has fully utilized the maximum aggregate offering capacity under the program, raising $200 million in gross proceeds. AWR has utilized the net proceeds from the sale of its shares, after deducting sales agent commissions and offering expenses, for general corporate purposes, including, without limitation, to pay down borrowings under its credit facility and make equity contributions to its regulated subsidiaries in support of their operations and capital expenditures.
AWR has no plans to issue additional equity through the end of 2029 to support its current operations and likely beyond 2029 based on current estimates.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including AWR’s plans regarding issuing additional equity. Forward-looking statements can often be identified by words such as “anticipate,” “estimate,” “expect,” “intend,” “may,” “should” and similar phrases and expressions, and variations or negatives of these words. They are not guarantees or assurances of any outcomes, financial results, levels of activity, performance or achievements, and readers are cautioned not to place undue reliance upon them. The forward-looking statements are subject to a number of estimates and assumptions, and known and unknown risks, uncertainties and other factors, including those described in greater detail in the company’s filings with the SEC, particularly those described in the company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are encouraged to review the company’s filings with the SEC for a more complete discussion of risks and other factors that could affect any forward-looking statements. The statements made herein speak only as of the date of this press release and except as required by law, the company does not undertake any obligation to publicly update or revise any forward-looking statement.
About American States Water Company
American States Water Company is the parent of Golden State Water Company, Bear Valley Electric Service, Inc. and American States Utility Services, Inc., serving over one million people in ten states. Through its water utility subsidiary, Golden State Water Company, the company provides water service to approximately 265,100 customer connections located within more than 80 communities in Northern, Coastal and Southern California. Through its electric utility subsidiary, Bear Valley Electric Service, Inc., the company distributes electricity to approximately 24,900 customer connections in the City of Big Bear Lake and surrounding areas in San Bernardino County, California. Through its contracted services subsidiary, American States Utility Services, Inc., the company provides operations, maintenance and construction management services for water distribution, wastewater collection, and treatment facilities located on twelve military bases throughout the country under 50-year privatization contracts with the U.S. government in 8 states and one military base under a 15-year contract in 1 additional state.
AWR has paid common dividends to shareholders every year since 1931, increasing the dividends received by shareholders each calendar year for 71 consecutive years, which places it in an exclusive group of companies on the New York Stock Exchange that have achieved that result. The company has grown its quarterly dividend rate at a compound annual growth rate (CAGR) of 8.5% over the last five years since the second quarter of 2021, and has achieved a 10-year CAGR of 8.3% in its calendar year dividend payments through 2025. AWR’s current policy is to achieve a CAGR in the dividend of more than 7% over the long term.
For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Is American States Water (AWR - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.
American States Water is a member of the Utilities sector. This group includes 110 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. American States Water is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for AWR's full-year earnings has moved 3.3% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that AWR has returned about 6.4% since the start of the calendar year. In comparison, Utilities companies have returned an average of 5.3%. This means that American States Water is outperforming the sector as a whole this year.
Another Utilities stock, which has outperformed the sector so far this year, is Sabesp (SBS - Free Report) . The stock has returned 10.1% year-to-date.
In Sabesp's case, the consensus EPS estimate for the current year increased 234.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, American States Water belongs to the Utility - Water Supply industry, a group that includes 11 individual stocks and currently sits at #175 in the Zacks Industry Rank. This group has gained an average of 0.5% so far this year, so AWR is performing better in this area. Sabesp is also part of the same industry.
American States Water and Sabesp could continue their solid performance, so investors interested in Utilities stocks should continue to pay close attention to these stocks.
Calgary, Alberta (June 23, 2026) – TheNewswire – Aurwest Resources Corporation (“Aurwest” or the “Company”) (CSE: AWR) is pleased to announce that is has closed its previously announced option agreement (the “Option Agreement”) with Critical Path Minerals Corp. (the “Optionee”) pursuant to which the optionee has granted Aurwest the exclusive right and option to acquire a 100% interest in the Porter Lake property (the “Property”) located in Saskatchewan’s Athabasca Basin.
Under the terms of the Option Agreement, Aurwest has the sole and exclusive right and option to acquire up to a 100% interest in the Porter Lake property in consideration for incurring a minimum of $1,515,000 in exploration expenditures and making the securities issuances set out below (in each case subject to and in accordance with the rules and policies of the Canadian Securities Exchange (the “CSE”)):
On or before the 1-year anniversary date of the Option Agreement, Aurwest must incur at least $455,000 in exploration expenditures on the Property (the First Expenditure”);
Upon receipt of regulatory approval, payment to the Optionee of 8,000,000 Units (defined below) of Aurwest, subject to a voluntary escrow with ¼ of these securities released every six months (the “First Unit Based Payment”);
On or before the 2-year anniversary date of the Option Agreement, Aurwest must incur at least $1,060,000 in exploration expenditures on the Property (the Second Expenditure”);
On or before 1-year anniversary date of the Option Agreement, payment to the Optionee of $150,000 in Units (defined below) of Aurwest, calculated on the anniversary date using a 20-day VWAP (defined below) of the common shares of Aurwest at that time (the Second Unit Based Payment”).
Each unit (the “Units”) issued by Aurwest to the Optionee is comprised of one common share and one-half common share purchase warrant and each warrant is exercisable at a price that is a 25% premium to the 20 day VWAP (defined below) calculated at the date of issuance, subject to a minimum exercise price of $0.05 as per CSE Policies, and at any time within 2 years from the date of issuance, and the Units shall be priced using a 20 day Volume Weighted Average (“VWAP”) at the anniversary date of the common shares of Aurwest as listed on the CSE. Following exercise of the Option. The Optionee will also retain a 2.0% net smelter return royalty on the Porter Lake property, half of which may be repurchased at any time prior to commercial production for a one-time cash payment of $1,000,000 by Aurwest.
Qualified Person
The scientific and technical information contained herein has been reviewed and approved by Mr. Bill Dynes, P.Geo., a technical advisor to the Company, who is a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure of Mineral Projects.
Aurwest is a Canadian-based junior resource company focused on the acquisition, exploration, and development of uranium and gold properties in Canada.
Disclaimer for Forward-Looking Information
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of the Company, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and similar expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or be achieved.
Forward-looking statements in this news release relate to, among other things, completion of the Option Agreement and the transactions contemplated therein, including the Company’s Property, exploration thereon, and the results of such exploration. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the receipt of any required regulatory or CSE approvals to complete the Option Agreement and transactions contemplated therein, the ability to complete exploration work, the results of exploration, continued availability of capital, and changes in general economic, market and business conditions, and the receipt of any required governmental approvals for continued exploration. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Readers are urged to refer to the Company's reports for a more complete discussion of such risk factors and their potential effects, publicly available at SEDAR+, the Canadian Securities Administrators' national system that all market participants use for filings and disclosure, at www.sedarplus.ca. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
On June 24, 2026, we present a DCF analysis for Norfolk Southern Corp NSC , which has shown a price performance of +20.4% over the past year, despite a recent decline of -3.5% in the last month. Below are key highlights from our analysis:
DCF Earnings-based intrinsic value of $155.45 vs current price of $303.39 (margin of safety: -95.2%) DCF FCF-based intrinsic value of $123.14 vs current price (second opinion, margin of safety: -146.4%) GF Score™ of 84/100, indicating high reliability of the DCF inputs What Is NSC Worth? DCF Earnings-Based Model The DCF earnings-based model for Norfolk Southern Corp NSC utilizes a two-stage approach to estimate intrinsic value. In the first stage, we project earnings growth over the next ten years, followed by a terminal growth phase. The assumptions used in this model are as follows:
Parameter Value Current EPS (TTM, excl. non-recurring) $12.46 10-Year Growth Rate 6.2% 10-Year Treasury Rate 4.49% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% In the first stage (Years 1-10), we expect EPS to grow at an annual rate of 6.2%, which is then discounted at a rate of 11%. The value derived from this growth stage is $98.50 per share. In the second stage (Years 11-20), we apply a terminal growth rate of 4%, also discounted at 11%, yielding a terminal stage value of $56.95 per share. The calculation summary is as follows:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 6.2%, discounted at 11% $98.50 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $56.95 Intrinsic Value Growth + Terminal $155.45 Comparing the current price of $303.39 with the intrinsic value of $155.45 indicates that NSC is modestly overvalued, with a margin of safety of -95.2%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research shows stock prices correlate more closely with earnings than with free cash flow. For further details, visit the NSC DCF Calculator.
What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based intrinsic value for Norfolk Southern Corp is calculated at $123.14. When compared to the earnings-based intrinsic value of $155.45, the two models provide differing perspectives on valuation. The FCF model also indicates that NSC is significantly overvalued, with a margin of safety of -146.4%.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for Norfolk Southern Corp is calculated at $254.01, providing a third perspective on valuation. GF Value™ is GuruFocus' proprietary measure derived from historical trading multiples, past business growth, and future performance estimates. While the DCF earnings-based and FCF-based models suggest significant overvaluation, the GF Value™ indicates a lesser degree of overvaluation. For more insights, visit the GF Value™ page.
What Does NSC's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021). The GF Score™ for NSC is 84/100, indicating strong fundamentals. Below is a summary of the GF Score™ metrics:
Metric Rating GF Score™ 84/100 Financial Strength 4/10 Profitability 9/10 Growth 7/10 Valuation 6/10 Momentum 8/10 With a predictability rank of 2/5 stars, the reliability of the DCF model for this stock is moderate. For more details, visit the NSC stock page.
Key Assumptions and Limitations It is important to note that DCF models are highly sensitive to growth rate and discount rate assumptions. Stocks with low predictability ratings, such as NSC's 2/5 stars, tend to produce less reliable DCF estimates. Additionally, the terminal growth rate of 4% is a simplifying assumption that may not reflect future economic conditions.
What This Means for Investors In summary, all three valuation models (DCF earnings, DCF FCF, and GF Value™) indicate that Norfolk Southern Corp is overvalued at its current price of $303.39. The DCF earnings-based model suggests an intrinsic value of $155.45, while the FCF-based model indicates $123.14. The GF Value™ of $254.01 provides a slightly more favorable view but still aligns with the overall consensus of overvaluation.
For the full DCF analysis, visit the NSC DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is NSC's intrinsic value based on DCF?
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
On June 22, 2026, Celsius Holdings Inc CELH shares fell 5.5% to a current price of $29.12. This drop comes as the stock has traded within a 52-week range of $27.47 to $66.74, reflecting a significant volatility in recent months.
GF Value™ verdict: Current price is $29.12 versus GF Value™ of $95.35, indicating a 69.5% upside.GF Score™: 68/100, which is classified as Above Average.Most notable signal: Insiders have bought $0.7M worth of stock in the last 3 months, with no selling activity reported. Is CELH Overvalued or Undervalued? The current price of Celsius Holdings Inc CELH at $29.12 is significantly below the GF Value™ estimate of $95.35, suggesting that the stock is undervalued by approximately 69.5%. This discrepancy indicates a potential opportunity for value investors, as there appears to be a considerable margin of safety. However, it is important to note that the GF Valuation label indicates a "Possible Value Trap," urging caution. This suggests that while the valuation appears attractive, there may be underlying issues that could prevent the stock from realizing its full potential.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Investors should take into account both the potential for upside and the associated risks that could hinder price appreciation.
How Does CELH's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 67.7x 120.9x Forward P/E 17.8x N/A Celsius Holdings' current P/E (TTM) ratio of 67.7x is significantly below its 5-year median P/E of 120.9x, indicating that the stock is trading at a lower valuation compared to its historical levels. Additionally, the forward P/E of 17.8x further suggests a favorable outlook. This P/E analysis aligns with the GF Value™ verdict, reinforcing the notion that CELH is undervalued in the current market.
What Does CELH's GF Score™ Tell Us? Metric Rating GF Score™ 68 Financial Strength 7/10 Profitability 5/10 Growth 9/10 Valuation 2/10 Momentum 2/10 The GF Score™ of 68/100 indicates that Celsius Holdings is positioned above average relative to its peers. The strongest area is its Growth rank of 9/10, suggesting robust growth prospects. However, the weakest area is the Valuation rank of 2/10, which indicates that, despite growth potential, the stock may be perceived as expensive relative to its current earnings. This mixed score highlights the need for careful consideration when evaluating CELH's investment potential.
What Are Insiders Doing with CELH Stock? In the last three months, insiders have purchased $0.7 million worth of Celsius Holdings Inc stock, with no reported selling. This activity may indicate confidence from company executives in the future performance of the stock. Insider buying is often viewed as a positive signal, suggesting that those with the most knowledge about the company believe the shares are undervalued at current prices.
What This Means for Investors Based on the GF Value™ assessment, Celsius Holdings Inc CELH is considered undervalued, with a significant margin of safety when compared to its current market price. However, the warning of a potential value trap should be taken into account, and investors should proceed with caution.
For the complete analysis, visit the Celsius Holdings Inc CELH stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is CELH's GF Score™?
CELH has a GF Score™ of 68/100, indicating an above-average rating based on key factors that typically contribute to long-term investment success.
Is CELH overvalued or undervalued?
CELH is currently considered undervalued, with a GF Value™ of $95.35 compared to its current price of $29.12, suggesting a significant upside potential.
What is CELH's P/E ratio?
The current P/E ratio for CELH is 67.7x, which is 44% below its 5-year median P/E of 120.9x, indicating a lower valuation compared to its historical performance.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Celsius Holdings Inc. (CELH - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this company have returned -3.3% over the past month versus the Zacks S&P 500 composite's +0.1% change. The Zacks Food - Miscellaneous industry, to which Celsius belongs, has lost 1.7% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Celsius is expected to post earnings of $0.43 per share, indicating a change of -8.5% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The consensus earnings estimate of $1.59 for the current fiscal year indicates a year-over-year change of +18.7%. This estimate has remained unchanged over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $2.01 indicates a change of +26.4% from what Celsius is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Celsius is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Celsius, the consensus sales estimate of $901.25 million for the current quarter points to a year-over-year change of +21.9%. The $3.35 billion and $3.68 billion estimates for the current and next fiscal years indicate changes of +33% and +10.1%, respectively.
Last Reported Results and Surprise HistoryCelsius reported revenues of $782.61 million in the last reported quarter, representing a year-over-year change of +137.7%. EPS of $0.41 for the same period compares with $0.18 a year ago.
Compared to the Zacks Consensus Estimate of $756.32 million, the reported revenues represent a surprise of +3.48%. The EPS surprise was +41.38%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Celsius is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Celsius. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Celsius Holdings, Inc. (“Celsius” or the “Company”) (NASDAQ: CELH). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Celsius and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 4, 2026, Texas Attorney General Ken Paxton announced an investigation into Celsius over concerns that its high-caffeine energy drinks are being marketed to children and teens. The investigation will specifically examine whether Celsius and its subsidiary Alani Nutrition, maker of the highly caffeinated Alani Nu energy drink, had violated the Texas Deceptive Trade Practices Act by misrepresenting the safety of their products.
On news of the investigation, Celsius’s stock price fell $2.26 per share, or 7.53%, to close at $27.75 per share on June 4, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: CDW (CDW - Free Report) Headquartered in Vernon Hills, IL, CDW Corporation, founded in 1984, provides discrete hardware and software products alongside integrated IT solutions that support mobility, security, data center optimization, cloud computing, virtualization and collaboration environments.
CDW is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 12.1; value investors should take notice.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.12 to $10.61 per share. CDW boasts an average earnings surprise of +3.3%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, CDW should be on investors' short list.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: CDW (CDW - Free Report) Headquartered in Vernon Hills, IL, CDW Corporation, founded in 1984, provides discrete hardware and software products alongside integrated IT solutions that support mobility, security, data center optimization, cloud computing, virtualization and collaboration environments.
CDW is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Computer and Technology stock. CDW has a Momentum Style Score of A, and shares are up 19.8% over the past four weeks.
Five analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.15 to $10.70 per share. CDW also boasts an average earnings surprise of +3.3%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CDW should be on investors' short list.
, /PRNewswire/ -- The annual general and special meeting of shareholders of Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer products in cannabis, was held today via live webcast online (the "Meeting").
The total number of votes cast by the shareholders in person or represented by proxy at the Meeting was 1,712,387,752 votes (with each subordinate voting share of the Company ("Subordinate Voting Share") entitling the holder thereof to one (1) vote, and each multiple voting share of the Company ("Multiple Voting Share") entitling the holder thereof to fifteen (15) votes).
At the Meeting, among other things, the requisite shareholder approvals were obtained by the Company in respect of the following items:
The proposed amendment (the "Proposed Amendment") to the articles of the Company having the effect of amending the share capital of the Company to remove the automatic conversion feature of the Multiple Voting Shares following the listing of the Subordinate Voting Shares on the Nasdaq Stock Market, New York Stock Exchange or another exchange or other marketplace approved by the board of directors of the Company. The Company expects to file a notice of alteration with the British Columbia Registrar of Companies declaring that the articles of the Company have been amended in accordance with the Proposed Amendment on or about June 23, 2026, the first business day following the Meeting and the date on which the Proposed Amendment will become effective. The implementation of a proposed exchange program whereby up to 10,070,478 of the Company's currently outstanding stock options having an exercise price or subject to performance vesting conditions tied to a trading price per share equal to or exceeding US$5.00 will be exchanged for restricted share units of the Company issued under the Company's 2018 Stock and Incentive Plan, as amended from time to time (the "Option Exchange Program"). The Company expects to implement the Option Exchange Program on or about June 30, 2026. The proposed plan of arrangement (the "Arrangement") under Section 288 of the Business Corporations Act (British Columbia) involving, among other things, the continuation of the Company out of British Columbia, Canada to the State of Delaware in the United States. The Company intends to apply to the Court for a final order approving the Arrangement and declaring that the Arrangement is procedurally and substantively fair and reasonable to the shareholders of the Company (the "Final Order Hearing"). The Final Order Hearing is scheduled for June 25, 2026, at 9:45 a.m. (Vancouver Time) at the Supreme Court of British Columbia, 800 Smithe Street, Vancouver, British Columbia, V6Z 2E1, or as soon thereafter as counsel may be heard, or at any other date and time and by any other method as the Court may direct. At the Meeting, the Proposed Amendment was approved by (i) 97.01% of the votes cast by the holders of Subordinate Voting Shares and Multiple Voting Shares, voting together as a single class, (ii) 83.07% of the votes cast by the holders of Subordinate Voting Shares, voting together as a class, (iii) 100% of the votes cast by the holders of Multiple Voting Shares, voting together as a class, and (iv) 79.66% of the votes cast by holders of Subordinate Voting Shares, excluding the shares held directly or indirectly by Mr. Jordan and any other Shares required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The Arrangement was approved by 99.93% of the votes cast by holders of Subordinate Voting Shares and Multiple Voting Shares, voting together as a single class.
In addition, at the Meeting, all seven (7) nominees listed in the Circular were elected as directors of the Company. The detailed results for the election of the directors are as follows:
Percentage of Votes
Name of Director
For (%)
Withheld (%)
Michelle Bodner
99.925 %
0.075 %
Faith Charles
99.909 %
0.091 %
Torsten Greif
99.745 %
0.255 %
Karl Johansson
97.156 %
2.844 %
Boris Jordan
97.360 %
2.640 %
Joseph Lusardi
99.744 %
0.256 %
Shasheen Shah
99.778 %
0.222 %
Additional details on each of the matters voted upon at the Meeting are available in the Company's management information circular dated May 7, 2026 (the "Circular"), as supplemented by the supplement to the Circular dated June 15, 2026, both of which can be found under the Company's profile on SEDAR+ (www.sedarplus.ca) and on EDGAR (https://www.sec.gov/edgar).
The formal report on voting results with respect to all matters voted upon during the Meeting was filed with the applicable securities regulatory authorities and is available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.
About Curaleaf Holdings
Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) is a leading international provider of consumer products in cannabis with a mission to enhance lives by cultivating, sharing and celebrating the power of the plant. As a high-growth cannabis company known for quality, expertise and reliability, the Company and its brands, including Curaleaf, Select, Grassroots, Find, Dark Heart, and Anthem provide industry-leading service, product selection and accessibility across the medical and adult use markets. Curaleaf International is powered by a strong presence in all stages of the supply chain. Its unique distribution network throughout Europe, Canada and Australasia brings together pioneering science and research with cutting-edge cultivation, extraction and production. Curaleaf is listed on the Toronto Stock Exchange under the symbol CURA and trades on the OTCQX market under the symbol CURLF. For more information, please visit https://ir.curaleaf.com.
Forward Looking Statements
This media advisory contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information, including statements about the expected effective date for the Proposed Amendment, the implementation of the Option Exchange Program and statements about the Arrangement, including the Final Order Hearing. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as "plans", "expects" or "proposed", "is expected", "intends", "anticipates", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. Such forward-looking statements and information reflect management's current beliefs and are based on assumptions made by and information currently available to the company with respect to the matter described in this new release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and uncertainties is contained under "Risk Factors and Uncertainties" in the Company's latest annual information form filed on February 26, 2026, which is available under the Company's SEDAR profile at http://www.sedar.com, and in other filings that the Company has made and may make with applicable securities authorities in the future. Forward-looking statements contained herein are made only as to the date of this press release and we undertake no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release.
The Toronto Stock Exchange has not reviewed, approved or disapproved the content of this news release.
IonQ shares are powering higher. Why is IONQ stock surging? The Catalyst: A Split Market That Favors High Beta StocksOn top of Northland Capital Market’s bullish rating, the S&P 500 is down 0.20% and the Nasdaq is also lower, while the Dow is up 0.35% and the Russell 2000 leads with a 1.16% gain. Market breadth is supportive, with seven sectors advancing and four declining, and an advance to decline ratio of 1.8. That type of backdrop often helps growth oriented small caps attract buyers.
IonQ’s strength is also showing up on a day when the biggest movers are high volatility names such as NXTS up 175.6% and DFTX up 53.8%. That reinforces the idea that traders are leaning into momentum rather than reacting to a specific IonQ headline.
Critical Price Levels To Watch For IONQThe 20-day average is above the 50-day average, and price remains well above the longer-term averages, which usually signals that buyers are still defending dips. The next technical hurdle is whether price can build acceptance above the 20-day line rather than simply touching it and fading.
Key Resistance: $73.50 — A nearby round number and prior pivot zone that has capped rebounds before a move toward the $84.64 52 week high. Key Support: $53.00 — Lines up closely with the 50 day average at $53.10, a common trend support area in rising markets. IonQ Benzinga Edge Score And Momentum AnalysisMomentum: Bullish (Score: 88.8) — IonQ shows strong relative strength compared with the broader market, consistent with its position above key moving averages.
IONQ Shares Are Moving HigherIONQ Price Action: IonQ shares were up 6.98% at $60.50 at the time of publication on Monday, according to Benzinga Pro.
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As investors look for opportunities in tech, many have turned to quantum computing. Amid the industry's growth, start-up companies such as IonQ (IONQ 7.14%) have come about to fill specific market niches.
Moreover, quantum has long attracted established tech companies like IBM and Google parent Alphabet. Unlike IonQ, these companies offer investors profits and stability, greatly lowering the risks for investors.
Still, they only derive a relatively small percentage of their revenue from quantum computing and would likely grow at a slower pace than IonQ. Knowing that, IonQ investors have to ask whether buying the pure-play quantum computing stock is worth the risk.
Image source: The Motley Fool.
IonQ's competitive advantages IonQ has stood out in its industry for its innovation. For one, quantum bits, often called qubits, can process data exponentially faster than traditional computer bits, but are highly error-prone. IonQ addresses this through trapped ions, which tend to have lower error rates than the superconducting qubits used by IBM and Google.
Moreover, trapped ions offer all-to-all connectivity. Thus, instead of only communicating with neighboring qubits, as is often the case, it allows for direct communication with any qubit within an ecosystem, greatly reducing overhead.
Furthermore, IonQ focuses on connecting quantum processors instead of merely trying to make processors larger. The company says that this could help systems scale better and avoid bottlenecks, and indeed, such innovations could turn IonQ into an industry powerhouse that greatly enriches its shareholders.
Today's Change
(
-7.14
%) $
-4.13
Current Price
$
53.72
Financial challenges Unfortunately, IonQ's financials remain challenged. Indeed, revenue in the first quarter of 2026 was $65 million, well above the $8 million in the year-ago quarter. Nonetheless, due to its $272 million operating loss in the quarter, IonQ is on track to continue bleeding cash.
IonQ has $2 billion in liquidity, so it has time. Still, given its operating losses, it may have to issue more shares or debt in the foreseeable future.
For now, the stock sells at around 97 times sales, while the S&P 500 average sales multiple is just 3.7. Additionally, at a forward P/S ratio of 79, investors may not be able to count on growth to moderate this valuation quickly.
Also, when compared to IBM or Alphabet, one can see IonQ's risks firsthand. Admittedly, IBM's 9% revenue growth in Q1 or even Alphabet's 22% increase may seem lackluster in comparison.
Still, IBM sells at a P/S ratio of just over 3, while Alphabet sells for less than 11 times sales. With those valuations, investors may choose to trade quantum purity and massive growth for lower risks and more stability.
Most investors should evaluate IonQ stock based on their risk tolerance.
If one has a high risk tolerance and money to bet on speculative investments, IonQ may be worth the risk, as many investors believe that it could be the best quantum computing pure play.
However, IonQ is far from a guaranteed success story, while IBM and Alphabet will probably continue to succeed regardless of what happens with their quantum computing businesses. Thus, risk-averse investors are likely better off passing on IonQ in favor of more stable tech giants.
IRVINE, Calif.--(BUSINESS WIRE)--Advanced Sterilization Products (ASP), part of the Infection Prevention group of companies within Fortive (NYSE: FTV), announced today it has acquired a majority share of UV Smart, a leader in High Level Disinfection technology in Europe.
UV Smart is renowned for its UV-C High Level Disinfection (HLD) technology that enables faster, safer and lower-cost HLD for specialty scopes. “UV Smart’s dedicated customer relationships and highly skilled team are key strengths that align perfectly with ASP’s long-term growth strategy of infection prevention,” shared Daan Hoek, co-founder of UV Smart. He continued, “Where current cleaning & disinfection processes of TEE probes can often take hours, UV Smart’s premier product, the D60, achieves high-level disinfection using UV-C light in just minutes. For healthcare providers, the D60 represents a significant improvement in efficiency and workflow.”
“This acquisition expands ASP’s ability to deliver innovative solutions to customers across Europe and North America,” said Chad Rohrer, President of ASP and Group President, Fortive Infection Prevention Group. “It strengthens ASP’s portfolio while accelerating global adoption of UV Smart’s products. We are pleased to welcome UV Smart to ASP’s clinical solutions portfolio and look forward to building a stronger future together.”
About Advanced Sterilization Products (ASP)
Advanced Sterilization Products (ASP) has a long track record of designing and delivering innovative infection prevention solutions that dramatically raise the level of health care and safety for those who matter most. Our pioneering technology, global distribution and established leadership position enable us to simplify the process of buying and operating infection prevention products and services every day for thousands of medical facilities around the world. This enables our customers to focus on what they do best – preventing infection and saving lives. For more information, please visit www.asp.com.
About UV Smart
UV Smart, a Dutch MedTech Company develops and delivers advanced UV-C products that make healthcare workflows faster, safer, more cost efficient, and more sustainable. The portfolio is specifically aimed at the disinfection of cardiology, gynecology, TEE and ENT equipment respectively, thoughtfully designed and clinically validated. UV Smart now supplies hospitals and clinics in 35 countries. Our dedicated team continuously improves our technology so healthcare facilities of any size can reduce reprocessing time, streamline daily operations, lower costs, and strength traceability while doing what matters most, fighting healthcare-associated infections. For more information about UV Smart, visit https://www.uvsmart.nl.
On June 22, 2026, The Mosaic Co MOS shares fell 3.9% to a current price of $22.00. The stock has experienced a challenging year, with a 1-year decline of 37.3% and a year-to-date drop of 7.0%. The shares have fluctuated between a 52-week high of $38.23 and a low of $19.80.
GF Value™ verdict: Current price of $22.00 is 24.8% below the GF Value™ of $29.25.GF Score™ of 63/100 indicates above-average performance based on various factors.Notable signal: No insider transactions have occurred in the last three months. Is MOS Overvalued or Undervalued? The Mosaic Co MOS currently trades at $22.00, which is significantly below the GF Value™ of $29.25, indicating that the stock is 24.8% undervalued. This presents a potential opportunity for investors looking for value in the market, given the substantial margin of safety. The GF Valuation label classifies the stock as "Modestly Undervalued," suggesting that while there is room for growth, caution is advised due to the overall market conditions and the company’s recent performance.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. As such, investors may find the current price appealing, but they should also consider the company's financial health and market trends that may influence its future performance.
How Does MOS's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 169.2x 9.2x Forward P/E 29.6x N/A The current P/E ratio of 169.2x is dramatically above its 5-year median P/E of 9.2x, indicating that the stock is trading at a significantly higher valuation compared to its historical norms. This analysis aligns with the GF Value™ verdict, suggesting that while MOS may be undervalued based on intrinsic value, the current P/E ratio reflects a concerning overvaluation relative to historical performance.
What Does MOS's GF Score™ Tell Us? Metric Rating GF Score™ 63 Financial Strength 5/10 Profitability 6/10 Growth 3/10 Valuation 8/10 Momentum 2/10 The GF Score™ of 63/100 indicates above-average performance, particularly in the Valuation category where it scored 8/10, suggesting that the stock is undervalued compared to its intrinsic value. However, the lower scores in Growth (3/10) and Momentum (2/10) highlight potential concerns regarding the company's future growth prospects and recent stock performance. Overall, the mixed scores indicate that while there is value to be found, caution is warranted due to the weaknesses in growth and momentum.
What Are Insiders Doing with MOS Stock? In the last three months, there have been no insider transactions in The Mosaic Co MOS stock. This lack of insider activity may suggest that executives and board members do not view the current price as an attractive entry point or that they are confident in the company's future without needing to adjust their positions. Typically, insider buying can indicate confidence in a company's prospects, while selling may raise red flags, but the absence of transactions leaves a neutral stance on insider sentiment.
What This Means for Investors Based on the GF Value™ assessment, The Mosaic Co MOS is currently undervalued at a price of $22.00 compared to a GF Value™ of $29.25. However, potential investors should remain cautious given the company's recent performance and the high current P/E ratio relative to its historical averages.
For the complete analysis, visit the The Mosaic Co MOS stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is MOS's GF Score™?
The GF Score™ for The Mosaic Co MOS is 63/100, indicating above-average performance based on key financial metrics.
Is MOS overvalued or undervalued?
The stock is currently undervalued, trading at $22.00, which is 24.8% below its GF Value™ of $29.25.
What is MOS's P/E ratio?
The P/E (TTM) for MOS is 169.2x, which is significantly above its 5-year median P/E of 9.2x, indicating a concerning valuation compared to its historical performance.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced that Matthew Leivian has joined as senior managing director of the Institutional Commercial Real Estate Finance team, based in Phoenix, as the bank continues to expand its national CRE lending platform.Leivian will lead a Phoenix-based team focused on building and growing a high-quality institutional loan portfolio. He will originate and structure construction, acquisition, bridge and mini-permanent financing for commercial real est.
The collaboration marks the latest evolution of Sonos' in-car listening experience
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sonos today announced a partnership with Škoda, serving as the audio partner for the brand’s new flagship electric vehicle, Škoda Peaq. As part of the collaboration, Sonos has architected the in-cabin listening experience from the ground up, shaping how music, voice, and entertainment are experienced throughout the vehicle.
“Sonos is built around the idea that sound should move effortlessly through the home. The car is an increasingly natural extension of that — a place where the quality of what people hear matters just as much,” said Sonos CEO Tom Conrad. “As listening flows beyond the front door, this partnership enables us to imagine how the Sonos system can too. We are excited to partner with Škoda to create a truly premium in-car listening experience for the Peaq.”
Available as part of the optional Relax Package, the Sonos premium sound experience was purpose-built for the Peaq — custom-tuned to bring the depth and clarity Sonos is known for into the cabin. Every component was engineered specifically for the vehicle, with sound shaped to reflect what the artist intended. The result is deep, controlled bass, a front-focused soundstage that pulls you into the music, and rich, balanced sound across every seat — all tied together by spatial audio that makes the cabin feel like a space designed for listening.
For more details about the all-new Škoda Peaq featuring the Sonos premium sound system, please visit Škoda storyboard press center.
About Sonos
Sonos (Nasdaq: SONO) is a leading audio company dedicated to elevating life through sound. Sonos has built a connected system that brings together all the sounds people love, from music and movies to stories and conversations. Its portfolio of home theater speakers, components, plug-in and portable speakers, and headphones grows more powerful with every room and device added. Trusted by more than 17 million households in over 60 countries, Sonos is headquartered in Santa Barbara, California. Learn more at www.sonos.com.
Fifth Third Bancorp (FITB - Free Report) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.
As such, the Zacks rating upgrade for Fifth Third Bancorp is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Fifth Third Bancorp imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for Fifth Third BancorpThis company is expected to earn $4.10 per share for the fiscal year ending December 2026, which represents no year-over-year change.
Analysts have been steadily raising their estimates for Fifth Third Bancorp. Over the past three months, the Zacks Consensus Estimate for the company has increased 0.8%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Fifth Third Bancorp to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
CINCINNATI--(BUSINESS WIRE)--The Fifth Third Foundation has made education programs a top priority since its founding in 1948. To honor students with high achievements, Fifth Third established its Scholarship Program. These one-time $2,500 scholarships are awarded annually to children of Fifth Third employees for educational purposes at college or university. This year's scholarships total $62,500. Nearly 500 students have been recognized since 2005.
“At the Fifth Third Foundation, we know that access to higher education can transform futures and create economic mobility,” said Kala Gibson, chief corporate responsibility officer for Fifth Third. “That’s why we remain dedicated to empowering our employees’ families and helping the next generation grow, learn, and thrive in their personal and professional goals.”
Chosen and administered by the National Merit Scholarship Corp., the Fifth Third Scholarship Program recognizes the academic achievements of the following students, listed with their employee parent or parents and their work location:
Jaidyn Freyn-Angel, Child of Fawn N. Angel, Holiday, Florida Cooper L. Bencurik, Child of William J. Bencurik, Cincinnati, Ohio Katherine Rose Bender, Child of David L. Bender, Cincinnati, Ohio Sarah Bidleman, Child of Beth M. Bidleman, Cincinnati, Ohio Emily Braun, Child of Eric R. Braun, Cincinnati, Ohio Colin Davey, Child of Julie M. Davey, Cincinnati, Ohio Alexa Gola, Child of Jason Gola, Chicago, Illinois Anamitra Gotike, Child of Basamma B. Reddy, Cincinnati, Ohio Lydia Hiller, Child of Jason C. Hiller, Cincinnati, Ohio Alyssa S. Jamoom, Child of Joseph A. Jamoom, Orlando, Florida Rebecca L. Jetton, Child of Casey A. Jetton, Lexington, Kentucky Sanvi Jha, Child of Rashmi Kiran, Cincinnati, Ohio Leah N. Kalan, Child of Kristin M. Kalan, Westerville, Ohio Megan E. Klimowski, Child of John C. Klimowski, Evergreen Park, Illinois Meredith Kojetin, Child of Erica Kojetin, Nashville, Tennessee Rylan Litchfield, Child of Tyler D. Litchfield, Cincinnati, Ohio Paige N. Logan, Child of Audrey Logan, Grand Rapids, Michigan Paxton J. Merz, Child of James A. Merz, Cincinnati, Ohio Reilly Meyer, Child of Justin J. Meyer, Cincinnati, Ohio Varsha Mohan, Child of Brindhaselvi Lokanathan, Cincinnati, Ohio Daniel Peterson, Child of Kimberly A. Peterson, Clarendon Hills, Illinois Julia Sun, Child of Jinghua Cao, Deerfield, Illinois Alyssa A. Uhlman, Child of Todd M. Uhlman, Cincinnati, Ohio Hannah Wang, Child of Suxing Zeng, Cincinnati, Ohio The National Merit Scholarship Corp. is an independent nonprofit organization. The National Merit Scholarship Program was designed to identify and honor exceptionally able high school students, and to provide a system of services for corporations, foundations and other organizations that wish to sponsor college undergraduate scholarships to students who interest them. All aspects of the selection of winners and the administration of their awards are handled by the NMSC.
About the Fifth Third Foundation
Established in 1948, the Fifth Third Foundation was one of the first charitable foundations created by a financial institution. The Fifth Third Foundation supports worthy causes in the areas of health and human services, education, community development and the arts in the states where Fifth Third Bank operates.
About Fifth Third
Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Following the completion of its merger with Comerica in February 2026, Fifth Third is the ninth-largest bank in the United States, with approximately $294 billion in assets and operations spanning 15 states. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is to be the one bank people most value and trust.
Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the New York Stock Exchange under the symbol "FITB." Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.
Joint initiative empowers the next generation with the knowledge and skills to achieve lasting financial wellbeing and independence
LONDON--(BUSINESS WIRE)--Global analytics software leader FICO (NYSE: FICO) brought its financial literacy mission to the U.K. for the first time through its partnership with Chelsea Foundation, building on its three-year relationship with Chelsea FC. A leader in financial education, FICO empowers consumers with knowledge and tools to better understand and manage their financial health.
FICO brought its financial literacy mission to the U.K. for the first time through its partnership with Chelsea Foundation, building on its three-year relationship with Chelsea FC.
ShareTogether, FICO and Chelsea Foundation harnessed the universal appeal of soccer to bring financial education to life for UK teens. Through this partnership, FICO and the Chelsea Foundation hosted their inaugural financial literacy event at Stamford Bridge on June 12th. The first of three events hosted 175 students. As part of the program, students worked in teams to learn how to manage a professional soccer club with a budget and balance sheet. FICO volunteers were on-site to assist students as they learned to manage operational costs, player salaries, expenses, and more.
The day concluded with financial strategy presentations to a panel of judges. Judges scored teams on financial decisions, teamwork, and communication, selecting top teams from each school. The afternoon culminated in a celebration where students toured the iconic Stamford Bridge stadium and met Chelsea FC Legend Jimmy Floyd Hasselbaink.
Mariel Zelhart, Head of Philanthropic Partnerships, Chelsea Foundation, commented: "We are delighted to partner with FICO to provide young people with valuable financial education in such an engaging and memorable way.
"At Chelsea Foundation, we are committed to creating opportunities that help young people develop the skills, knowledge, and confidence they need to thrive both now and in the future. Combining football with practical financial learning helps students to build a stronger understanding of money management, teamwork, and decision-making. We look forward to continuing our work with FICO and seeing the positive impact this partnership will have on the young people across our communities.”
The partnership between FICO and Chelsea Foundation builds on FICO's existing relationship with Chelsea FC. Together, they are extending that commitment beyond the pitch — bringing financial literacy education to UK youth and demonstrating the powerful role that understanding credit and personal finance plays in helping people achieve lasting financial wellbeing.
“Financial literacy is one of the most powerful tools we can give young people, yet millions of youth around the world still lack access to basic financial education,” said Rukiya Kelly, Global Head of Corporate Impact. “We take great pride in partnering with an organization as impactful as Chelsea Foundation. Together, we are broadening access to personal finance education, closing the knowledge gap, and empowering the next generation to build stronger financial futures.”
For more information about FICO’s credit empowerment programs across the globe, visit: https://www.fico.com/empowerment.
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency. Learn more at www.fico.com.
Learn more at https://www.fico.com.
Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs/.
For FICO news and media resources, visit https://www.fico.com/newsroom.
FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
About Chelsea Foundation
Chelsea Foundation: Where pride in our club becomes impact in our community.
We believe in the power of our club, our fans and our partners to bring people together, create healthier lives and shape brighter futures. We harness the passion, energy, resources and excellence of Chelsea FC to help tackle key issues and create opportunities in our local areas. Delivering across our three pillars of wellbeing, community and futures, we recognise the challenges many people face around our club’s footprint, and we’re determined to make a difference.
We focus on proactive grant giving, partner initiatives, and delivering impact where it matters most. Through our work with the Chelsea Players’ Trust, we also support the players who created our legacy. Founded in 2010, the Chelsea Foundation builds on the club’s history and positive impact in our community.
Global analytics software leader FICO (NYSE: FICO) brought its financial literacy mission to the U.K. for the first time through its partnership with Chelsea Foundation, building on its three-year relationship with Chelsea FC. A leader in financial education, FICO empowers consumers with knowledge and tools to better understand and manage their financial health.
Together, FICO and Chelsea Foundation harnessed the universal appeal of soccer to bring financial education to life for UK teens. Through this partnership, FICO and the Chelsea Foundation hosted their inaugural financial literacy event at Stamford Bridge on June 12th. The first of three events hosted 175 students. As part of the program, students worked in teams to learn how to manage a professional soccer club with a budget and balance sheet. FICO volunteers were on-site to assist students as they learned to manage operational costs, player salaries, expenses, and more.
The day concluded with financial strategy presentations to a panel of judges. Judges scored teams on financial decisions, teamwork, and communication, selecting top teams from each school. The afternoon culminated in a celebration where students toured the iconic Stamford Bridge stadium and met Chelsea FC Legend Jimmy Floyd Hasselbaink.
Mariel Zelhart, Head of Philanthropic Partnerships, Chelsea Foundation, commented: "We are delighted to partner with FICO to provide young people with valuable financial education in such an engaging and memorable way.
"At Chelsea Foundation, we are committed to creating opportunities that help young people develop the skills, knowledge, and confidence they need to thrive both now and in the future. Combining football with practical financial learning helps students to build a stronger understanding of money management, teamwork, and decision-making. We look forward to continuing our work with FICO and seeing the positive impact this partnership will have on the young people across our communities.”
The partnership between FICO and Chelsea Foundation builds on FICO's existing relationship with Chelsea FC. Together, they are extending that commitment beyond the pitch — bringing financial literacy education to UK youth and demonstrating the powerful role that understanding credit and personal finance plays in helping people achieve lasting financial wellbeing.
“Financial literacy is one of the most powerful tools we can give young people, yet millions of youth around the world still lack access to basic financial education,” said Rukiya Kelly, Global Head of Corporate Impact. “We take great pride in partnering with an organization as impactful as Chelsea Foundation. Together, we are broadening access to personal finance education, closing the knowledge gap, and empowering the next generation to build stronger financial futures.”
For more information about FICO’s credit empowerment programs across the globe, visit: https://www.fico.com/empowerment.
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency. Learn more at www.fico.com.
Learn more at https://www.fico.com.
Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs/.
For FICO news and media resources, visit https://www.fico.com/newsroom.
FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
About Chelsea Foundation
Chelsea Foundation: Where pride in our club becomes impact in our community.
We believe in the power of our club, our fans and our partners to bring people together, create healthier lives and shape brighter futures. We harness the passion, energy, resources and excellence of Chelsea FC to help tackle key issues and create opportunities in our local areas. Delivering across our three pillars of wellbeing, community and futures, we recognise the challenges many people face around our club’s footprint, and we’re determined to make a difference.
We focus on proactive grant giving, partner initiatives, and delivering impact where it matters most. Through our work with the Chelsea Players’ Trust, we also support the players who created our legacy. Founded in 2010, the Chelsea Foundation builds on the club’s history and positive impact in our community.
Learn more: chelseafoundation.chelseafc.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20260623898820/en/
Balances return to record high as spend increases and repayments fall, suggesting inflation and energy prices are hitting hard
LONDON--(BUSINESS WIRE)--New credit card data analysis by global analytics software leader FICO (NYSE: FICO) has found that spending rose in April, following typical Easter behaviour. However, we are seeing a strong trend downwards with the percentage of balance being paid, and this is driving up overall balances. The percentage of balance paid fell for the third month in a row and late payments increased year-on-year, balances returned to record high levels. This marks a notable shift from the improvements seen in 2025 for the percentage of customers missing payments. In April, there was the biggest increase in consumers missing three payments. Household budgets are clearly showing the strain from persistent inflation and the current fallout from volatile global energy prices.
The percentage of balance paid fell for the third month in a row and late payments increased year-on-year, balances returned to record high levels.
Share Highlights
Spending rose 10% month-on-month, reaching an average of £815 Average active balances increased 1.3% month-on-month to £1,950, matching the record high reached in December 2025 The percentage of overall balance paid decreased 1.4% month-on-month to 32.6%, continuing the downward trend that has persisted since 2025 and approaching the pre-pandemic average of 30% The percentage of customers missing two payments rose 1.9% month-on-month and 16.3% year-on-year The percentage of customers missing three payments also increased month-on-month by 6.2% and 17.3% year-on-year – the most significant annual deterioration seen across any delinquency category Balances on accounts with missed payments were higher across all delinquency categories than the same month last year Overlimit accounts increased sharply, by 14.1% month-on-month and 4.6% year-on-year FICO Comment:
April 2026 presents a mixed but broadly concerning picture for lenders. With consumer spending rising, but repayments falling, more customers have fallen into arrears and gone over their credit limit.
The monthly growth in spending does not go far enough to rise above 2025 levels, suggesting that any improvements are likely to be seasonal rather than a sign of stronger financial health. And with average balances now matching the record high from December 2025, it is clear that consumers are carrying more debt in 2026.
Despite the slight month-on-month improvement in the number of accounts with one missed payment after a spike in March, the figure remains 4.9% higher year on year. And those customers who are missing payments for the first time are doing so with a higher level of debt than a year ago, with average balance for accounts with one missed payment rising by 6.7% year-on-year to £2,480.
The picture for late payments is particularly concerning for those missing multiple payments. The percentage of accounts with two and three missed payments has grown more sharply. And average balances for two and three missed payments are 0.5% and 3.4% higher than 2025, at £2,855 and £3,325, respectively.
The other signal of weakened affordability is the number of overlimit accounts, which increased sharply by 14.1% month-on-month, and 4.6% year-on-year. Average overlimit spending of £95 represents a 5.9% drop on March but remains 5.5% higher than the previous year.
With seasonal spending increases likely to put further pressure on already stretched affordability levels, risk managers should prioritise proactive pre-delinquency intervention strategies and enhanced early warning monitoring ahead of the summer.
Key Trend Indicators – UK Cards April 2026
Metric
Amount
Month-on-Month Change
Year-on-Year Change
Average UK Credit Card Spend
£815
+10.0%
-1.3%
Average Card Balance
£1,950
+1.3%
+4.1%
Percentage of Payments to Balance
32.6%
-1.4%
-4.1%
Accounts with One Missed Payment
1.4%
-19.5%
+4.9%
Accounts with Two Missed Payments
0.4%
+1.9%
+16.3%
Accounts with Three Missed Payments
0.2%
+6.2%
+17.3%
Average Credit Limit
£5,960
+0.2%
+2.0%
Average Overlimit Spend
£95
-5.9%
+5.5%
Cash Sales as a % of Total Sales
0.8%
+2.4%
-0.9%
Source: FICO
These card performance figures are part of the data shared with subscribers of the FICO® Benchmark Reporting Service. The data sample comes from client reports generated by the FICO® TRIAD® Customer Manager solution in use by some 80% of UK card issuers. For more information on these trends, contact FICO.
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency. Learn more at www.fico.com.
FICO and TRIAD are registered trademarks of Fair Isaac Corporation in the United States and other countries.
TORONTO, June 23, 2026 (GLOBE NEWSWIRE) -- E Split Corp. (TSX: ENS and ENS.PR.A) (the “Fund”) is pleased to announce that a distribution for June 2026 will be payable to Class A shareholders as follows:
Record DatePayable DateDistribution Per Equity ShareJune 30, 2026July 15, 2026$0.14
The Fund also announces the second quarter distribution of 2026 will be payable to preferred shareholders as follows:
Record DatePayable DateDistribution Per Preferred ShareJune 30, 2026July 15, 2026$0.175
The equity and preferred shares both trade on the Toronto Stock Exchange under the respective symbols ENS and ENS.PR.A.
For further information, please visit our website at www.middlefield.com or contact our Sales and Marketing Department at 1.888.890.1868.
This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning distributions and dividends paid on the securities of issuers historically included in the portfolio of the Fund. Actual future results, including the amount of distributions paid by the Fund, may differ from the monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in portfolio composition; changes in distributions and dividends paid by issuers of securities included in the Fund’s portfolio from time to time; there being no assurance that those issuers will pay distributions or dividends on their securities; the declaration of distributions and dividends by issuers of securities included in the portfolio will generally depend upon various factors, including the financial condition of each issuer and general economic and stock market conditions; the level of borrowing by the Fund; and the uncertainty of realizing capital gains. The risks, uncertainties and other factors that could influence actual results are described under “Risk Factors” in the Fund’s prospectus and other documents filed by the Fund with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Fund’s current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents the Fund's estimate as of any date other than the date of this press release.
On June 23, 2026, EnerSys ENS shares declined by 4.1%, bringing the current price to $223.43. This move comes amid a 52-week range where the stock has seen a high of $244.30 and a low of $83.14.
GF Value™ verdict: Current price of $223.43 is 97.3% above the GF Value™ estimate of $113.27.GF Score™ of 76/100 indicates that the stock is above average compared to its peers.The most notable signal is that insiders have not engaged in any buying or selling activities in the last three months. Is ENS Overvalued or Undervalued? According to the GF Value™, EnerSys is significantly overvalued at a current price of $223.43 compared to its intrinsic value estimate of $113.27. This represents a substantial margin of safety that is absent for potential investors, as the stock is priced approximately 97.3% higher than its calculated fair value. The GF Valuation label confirms this assessment, categorizing the stock as significantly overvalued. This raises concerns about the sustainability of its current price level, especially given the potential risks associated with investing at such a premium.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The significant gap between the current price and the GF Value™ suggests that investors may be paying too much for the stock, which could lead to potential declines in market valuation if earnings do not meet expectations.
How Does ENS's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 29.0x 19.1x Forward P/E 18.6x N/A The current P/E (TTM) of 29.0x is notably above its 5-year median P/E of 19.1x, reflecting a 52% premium. The forward P/E of 18.6x suggests a slight improvement in valuation expectations, yet it still does not align with the historical trends. This P/E analysis supports the GF Value™ verdict that EnerSys is overvalued, as the stock trades significantly above its historical valuation benchmarks.
What Does ENS's GF Score™ Tell Us? The GF Score™ ranks stocks based on key metrics that assess their potential for long-term returns. For EnerSys, the scores are as follows:
Metric Rating GF Score™ 76/100 Financial Strength 7/10 Profitability 8/10 Growth 8/10 Valuation 1/10 Momentum 6/10 The GF Score™ of 76/100 indicates that EnerSys is performing above average in terms of financial health, profitability, and growth potential, with notable strengths in profitability and growth (8/10). However, the valuation score of 1/10 is a significant weakness, confirming the concerns raised by the GF Value™ assessment. This juxtaposition suggests that while EnerSys has solid operational fundamentals, its current market price may not be justified.
What Are Insiders Doing with ENS Stock? In the last three months, there has been no insider buying or selling activity reported for EnerSys. This lack of insider transactions often suggests a neutral perspective from those closest to the company regarding its future prospects. Insiders typically have significant insights into the company’s operations and future, so their inactivity may indicate they do not foresee immediate changes in the company's performance or valuation.
What This Means for Investors Based on the GF Value™ analysis, EnerSys is currently overvalued with a significant margin from its intrinsic value estimate. Investors may need to exercise caution given the disparity between the market price and the fair value, as well as the lack of insider activity that could signal confidence in the stock's future.
For the complete analysis, visit the EnerSys ENS stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is ENS's GF Score™?
ENS has a GF Score™ of 76/100, indicating it is above average compared to its peers based on financial strength, profitability, growth, valuation, and momentum.
Is ENS overvalued or undervalued?
ENS is currently overvalued according to the GF Value™, with its market price significantly exceeding its intrinsic value estimate.
What is ENS's P/E ratio?
ENS has a P/E (TTM) ratio of 29.0x, which is 52% higher than its 5-year median P/E of 19.1x, indicating that the stock is trading at a premium compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Energy Transfer (ET 1.15%) recently announced an additional expansion of its Nederland NGL Export Terminal. The project will enable the master limited partnership (MLP) to export more natural gas liquids (NGLs) out of that crucial Gulf Coast terminal by the end of the decade. It's the latest expansion of this facility and one of many projects the company has under construction.
Here's a look at the new project, which will give the MLP even more fuel to grow its over 7%-yielding distribution.
Image source: The Motley Fool.
The NGL export juggernaut Energy Transfer plans to increase the ethane export capacity of its Nederland NGL Export Terminal by 240,000 barrels per day (BPD). It also plans to add another 55,000 BPD of LPG export capacity. The company is expanding this facility due to robust customer demand. It has secured long-term contracts for 100% of the facility's ethane export capacity into the 2040s.
The company expects to complete the project in phases starting in 2028. It's expanding its Mont Belvieu-to-Nederland NGL export pipeline and building two additional NGL ship docks (which it expects to complete by the middle of 2029). The company is already expanding its refrigerated propane and butane storage tanks (anticipated completion in the first half of 2027). Once complete, the Energy Transfer will have the largest refrigerated storage capacity on the U.S. Gulf Coast and the capacity to export more than 1.25 million BPD from this facility. Add in the company's Marcus Hook NGL Export Facility along the East Coast (which it's expanding to 420,000 BPD by mid-2027), and Energy Transfer will have about 1.7 million BPD of NGL export capacity by the end of the decade.
Today's Change
(
-1.15
%) $
-0.22
Current Price
$
19.00
A massive and growing backlog Energy Transfer's latest Nederland expansion project adds to its already extensive expansion project backlog. The pipeline company plans to spend between $5.5 billion and $5.9 billion on expansion projects this year.
The bulk of its projects are natural gas pipelines. Energy Transfer is investing up to $9.5 billion in major gas pipeline projects, led by the $5.6 billion Desert Southwest Pipeline (anticipated completion by the fourth quarter of 2029). It's also building several pipeline laterals to supply gas to AI data centers and gas-fired power plants. Additionally, the company is expanding several crude oil and NGL pipelines, building additional NGL infrastructure, and constructing more gas processing plants.
These projects give Energy Transfer significant growth visibility. It currently has projects on track to enter commercial service through early 2030. These projects support the company's plans to increase its high-yielding distribution by 3% to 5% per year.
Enhancing its already robust growth profile Energy Transfer is moving forward with another expansion of its key Nederland terminal. This expansion will help further support distribution growth through the end of the decade. The MLP's combination of yield and growth makes it a highly attractive investment opportunity for those comfortable with receiving a Schedule K-1 Federal tax form from the MLP each year.
Matt DiLallo has positions in Energy Transfer. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Energy Transfer LP (ET - Free Report) ended the recent trading session at $19.22, demonstrating a +1.75% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 1.44%. Elsewhere, the Dow lost 0.09%, while the tech-heavy Nasdaq lost 2.22%.
The energy-related services provider's shares have seen a decrease of 5.88% over the last month, surpassing the Oils-Energy sector's loss of 7.14% and falling behind the S&P 500's gain of 0.08%.
Market participants will be closely following the financial results of Energy Transfer LP in its upcoming release. It is anticipated that the company will report an EPS of $0.37, marking a 15.63% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $30.75 billion, showing a 59.78% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.43 per share and revenue of $121.19 billion, indicating changes of +18.18% and +41.69%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Energy Transfer LP should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 3.92% higher. Currently, Energy Transfer LP is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Energy Transfer LP has a Forward P/E ratio of 13.26 right now. For comparison, its industry has an average Forward P/E of 13.26, which means Energy Transfer LP is trading at no noticeable deviation to the group.
It's also important to note that ET currently trades at a PEG ratio of 1.09. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Oil and Gas - Production Pipeline - MLB industry currently had an average PEG ratio of 1.3 as of yesterday's close.
The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 104, positioning it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Energy Transfer is upgraded to "Strong Buy," driven by predictable cash flows, robust yield, and a fee-based business model. ET's Q1 EBITDA rose 20% to $4.9 billion, with recurring growth drivers outpacing one-off items, and guidance for 2026 EBITDA raised to $18.2–$18.6 billion. Significant CapEx pipeline—$15 billion through 2028—positions ET for $2.5–$3 billion incremental annual EBITDA once projects are fully ramped.
American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, July 24, 2026, to discuss the company’s second-quarter 2026 financial results.
The webcast will be accessible to the general public through the American Express Investor Relations website at https://ir.americanexpress.com/. The financial results and presentation materials are scheduled to be released and posted on the website at approximately 7:00 a.m. (ET) prior to the conference call, and a webcast replay will be available on the website following the call.
ABOUT AMERICAN EXPRESS
American Express (NYSE: AXP) is a global payments and premium lifestyle brand powered by technology. Our colleagues around the world back our customers with differentiated products, services, and experiences that enrich lives and build business success.
Founded in 1850 and headquartered in New York, American Express’ brand is built on trust, security, service, and a rich history of delivering innovation and Membership value for our customers. We seek to provide the world’s best customer experience every day to a broad range of consumers, small and medium-sized businesses, and large corporations, and we build and manage relationships with millions of merchants across our global network.
For more information about American Express, visit americanexpress.com, americanexpress.com/en-us/newsroom/, and ir.americanexpress.com.
Source: American Express Company
Location: Global
View source version on businesswire.com: https://www.businesswire.com/news/home/20260624306428/en/
In the latest trading session, Archrock Inc. (AROC - Free Report) closed at $39.06, marking a +2.57% move from the previous day. The stock outpaced the S&P 500's daily loss of 1.44%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, lost 2.22%.
The natural gas compression services business's shares have seen an increase of 2.23% over the last month, surpassing the Oils-Energy sector's loss of 7.14% and the S&P 500's gain of 0.08%.
The upcoming earnings release of Archrock Inc. will be of great interest to investors. On that day, Archrock Inc. is projected to report earnings of $0.47 per share, which would represent year-over-year growth of 20.51%. Our most recent consensus estimate is calling for quarterly revenue of $390.4 million, up 1.89% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.95 per share and revenue of $1.55 billion. These totals would mark changes of +2.63% and +4.19%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Archrock Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, Archrock Inc. is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Archrock Inc. is currently exchanging hands at a Forward P/E ratio of 19.53. For comparison, its industry has an average Forward P/E of 21.21, which means Archrock Inc. is trading at a discount to the group.
It is also worth noting that AROC currently has a PEG ratio of 1.63. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Oil and Gas - Field Services was holding an average PEG ratio of 2.13 at yesterday's closing price.
The Oil and Gas - Field Services industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 176, positioning it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
HOUSTON, June 24, 2026 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) today announced that Mohit Singh has been appointed Senior Vice President and Chief Financial Officer, effective July 6, 2026.
Mr. Singh brings more than 25 years of experience across the energy value chain, with expertise in oil & gas operations, investment banking and corporate finance. He served as Executive Vice President and Chief Financial Officer of Chesapeake Energy Corporation from 2021 through its merger with Southwestern Energy Company in 2024 to form Expand Energy Corporation, where he continued as CFO until August 2025. Prior to Chesapeake, Mr. Singh held senior leadership roles at BPX Energy, BP’s U.S. onshore subsidiary, where he led mergers and acquisitions, business development, exploration and operations functions. Earlier in his career, he served in investment banking roles at Goldman Sachs and RBC Capital Markets and began his career with Shell Exploration & Production Company.
Mr. Singh earned a PhD in Chemical Engineering from the University of Houston, an MBA from the University of Texas at Austin and a BTech in Chemical Engineering from the Indian Institute of Technology – Kanpur.
Mr. Singh has served since 2024 as an independent director of Powell Industries, a Houston-based leader in electrical engineering and power solutions serving critical infrastructure markets, including utilities, energy, petrochemicals, and data centers.
“We are thrilled to welcome Mohit to Archrock,” said Brad Childers, President and CEO of Archrock. “He brings significant public company experience, deep energy industry expertise and a strategic perspective that will be valuable to our management team and Board as we position Archrock for its next phase of growth.”
“I am honored to join Archrock at this exciting time,” said Mohit Singh. “Archrock has established strong momentum, underpinned by a disciplined operating model and compelling opportunities to support customers amid growing long-term demand for natural gas. I look forward to working closely with Brad and the entire Archrock team to execute on the company's strategic priorities, deliver strong financial results and create sustainable long-term value for shareholders.”
Mr. Singh succeeds Douglas S. Aron, who previously announced his intention to retire.
About Archrock
Archrock is an energy infrastructure company with a primary focus on midstream natural gas compression and a commitment to helping its customers produce, compress and transport natural gas in a safe and environmentally responsible way. Headquartered in Houston, Texas, Archrock is a premier provider of natural gas compression services to customers in the energy industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment. For more information on how the Company embodies its purpose, WE POWER A CLEANER AMERICATM, visit www.archrock.com.
All FirstBank Branches in Colorado and Arizona are now PNC Bank branches
, /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced it has completed the conversion of 780,000 customers, more than 1,620 employees and 95 branches across Colorado and Arizona from FirstBank to PNC Bank. Former FirstBank customers now have access to PNC's full range of products and services, including its digital banking capabilities, treasury management solutions, wealth management offerings and nationwide branch and ATM network.
"Today is about our customers," said William S. Demchak, chairman and chief executive officer of PNC. "We're proud to officially welcome FirstBank customers to PNC Bank and deliver the products, capabilities and expertise of one of the nation's leading banks while maintaining the local relationships they value most. This milestone reflects the hard work of thousands of employees across both organizations who remained focused on one goal: making this transition as seamless as possible for our customers."
The completion of the conversion follows PNC's acquisition of FirstBank and further strengthens PNC's presence in Colorado and Arizona. The combination expands PNC's ability to serve consumers, businesses and communities nationwide through a network of approximately 2,400 branch locations and 58,000 PNC and partner ATMs.
The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This communication contains forward-looking statements within the meaning of the federal securities laws, including the meaning of the Private Securities Litigation Reform Act of 1995, as amended, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are typically, but not exclusively, identified by the use in the statements of words or phrases such as "aim," "anticipate," "believe," "estimate," "expect," "goal," "guidance," "intend," "is anticipated," "is expected," "is intended," "objective," "plan," "projected," "projection," "will affect," "will be," "will continue," "will decrease," "will grow," "will impact," "will increase," "will incur," "will reduce," "will remain," "will result," "would be," variations of such words or phrases (including where the word "could," "may," or "would" is used rather than the word "will" in a phrase) and similar words and phrases indicating that the statement addresses some future result, occurrence, plan or objective. Because forward-looking statements relate to future results and occurrences, many of which are outside of PNC's control, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Many possible events or factors could adversely affect the future results and performance of PNC and could cause those results or performance to differ materially from those expressed in or implied by the forward-looking statements. Such risks and uncertainties include, among others, risks related to the transaction including the risk that the cost savings and synergies from the transaction may not be fully realized or may take longer than anticipated to be realized, and the risk that the integration of FirstBank's business and operations into PNC will be materially delayed or will be more costly or difficult than expected. For additional information on these and other factors that could affect PNC's actual results, see the risk factors set forth in PNC's filings with the Securities and Exchange Commission (the "SEC"), including PNC's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, in each case filed with the SEC, and other reports and statements PNC has filed with the SEC. Copies of the SEC filings for PNC may be downloaded from the Internet at no charge from https://investor.pnc.com. PNC disclaims any obligation to update such factors or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events or developments. Forward-looking statements included in this communication are made as of the date of this communication.
Last July, I picked U.S. Bancorp over The PNC Financial Services Group, Inc. as an opportunity for new money. USB outperformed as predicted, but its discount is now gone and the total-yield edge shifted to PNC. PNC has been buying back more shares and growing its dividend about twice as fast as USB, with a lower payout ratio. USB's growth has been slower but organic. For PNC, the coming quarters are all about integrating FirstBank as PNC's organic assets have been flat for two years.
Key Takeaways PNC has migrated 780,000 customers and 95 branches, completing the FirstBank system conversion.The transaction expands PNC's footprint in Colorado and Arizona with $26.8B in assets and strong deposits.PNC expects the transaction to drive cross-selling gains and add nearly $1 per share in accretion by 2027. The PNC Financial Services Group (PNC - Free Report) has completed the conversion of FirstBank customers and branches onto its banking platform, marking the final phase of its integration of the Colorado-based lender. By transitioning 780,000 customers, more than 1,620 employees and 95 branches onto its platform, PNC has finalized a key phase of the FirstBank integration process.
The FirstBank acquisition, completed in January 2026, expanded PNC's footprint in high-growth markets across Colorado and Arizona. FirstBank added $26.8 billion in assets, a strong retail deposit base and an established branch network in both states. As a result, PNC more than tripled its Colorado presence to nearly 120 branches and expanded its Arizona network to more than 70 locations. It also positioned the company to become the leading bank in Denver by retail deposit share and branch share. The broader footprint also complements its branch expansion strategy, which includes a planned $2 billion investment to open more than 300 branches across nearly 20 U.S. markets and renovate its existing network by 2029, thereby supporting long-term deposit and loan growth opportunities.
For PNC, the acquisition supports a broader growth strategy beyond its physical expansion. Former FirstBank customers now have access to the company's broader suite of products and services, including digital banking capabilities, treasury management solutions, wealth management offerings and its nationwide branch and ATM network. The expanded product portfolio is expected to help deepen customer relationships, increase cross-selling opportunities and generate additional revenues. Management also expects the acquisition to be earnings accretive, contributing nearly $1 per share by 2027.
The successful conversion also removes a key integration hurdle for PNC and allows management to focus on realizing the expected benefits of the acquisition. Systems conversions are often the most challenging phase of bank mergers, carrying risks related to customer retention, service disruptions and operational execution. With this process now complete, PNC can focus on realizing anticipated synergies and expanding customer relationships.
However, the benefits of the transaction will take time to fully materialize, with customer adoption, revenue synergies and deposit growth expected to remain key focus areas over the upcoming quarters.
Overall, the successful conversion enables PNC to advance its expansion strategy in Colorado and Arizona. By combining FirstBank's strong local relationships with PNC's broader capabilities, the company is better positioned to deepen customer engagement, expand market share and support long-term earnings growth.
How Other Finance Firms Executing Their Expansion Strategies?Similar to PNC, the other financial firms like UBS Group AG (UBS - Free Report) and Hancock Whitney Corp. (HWC - Free Report) are also advancing expansion strategies with footprint optimization across key markets.
UBS Group is completing the final phase of integrating Credit Suisse following its 2023 acquisition, one of the largest banking deals in Europe. As of March 2026, UBS Group has migrated about 1.2 million former Credit Suisse clients onto its platform, following earlier steps such as the 2024 Swiss entity merger and the transfer of most wealth management accounts across key hubs including Hong Kong, Singapore and Japan, supporting a more streamlined global wealth and banking platform.
Hancock Whitney is expanding its U.S. regional footprint through the acquisition of OFB Bancshares, adding six financial centers in the Orlando region. The transaction was agreed in May 2026 and is expected to close in the third quarter of 2026, subject to regulatory and shareholder approvals. The deal lifts Florida’s pro forma deposit share to about 21%, strengthening Hancock Whitney’s position in one of the fastest-growing banking markets in the United States.
PNC Financial’s Price Performance & Zacks RankOver the past six months, PNC's shares have rallied 10% compared with 4.1% growth of the industry.
Image Source: Zacks Investment Research
At present, the company carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Antwerp, June 22, 2026 (GLOBE NEWSWIRE) -- CMB.TECH NV (“CMBT”, “CMB.TECH” or “the company”) (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) and Fortescue have signed a milestone agreement for the charter of up to 12 ammonia-capable vessels, marking a significant step towards decarbonising global shipping and advancing the adoption of ammonia as a shipping fuel.
Under the agreement, Fortescue will charter a fleet of 12 Newcastlemax vessels (210,000 dwt) from Bocimar, the dry bulk division of CMB.TECH.
Up to three of the vessels will be delivered with dual-fuel ammonia engines and are expected to enter into service by the end of 2026. The remaining nine vessels will be ammonia-ready and can be converted to operate on ammonia in the future.
If fuelled by green ammonia, the combined fleet could reduce carbon dioxide emissions by approximately 250,000 tonnes a year compared with conventional marine fuels.
Fortescue Director Integrated Operations, Katie Charuga:
“The shipping industry doesn’t need more talk. It needs action.
Green ammonia is one of the clearest pathways to reducing carbon dioxide emissions from shipping, and these vessels represent a practical step towards that future. By backing new technologies and working with partners who are prepared to lead, we can help drive the uptake of green ammonia in shipping.
Fortescue’s Green Pioneer demonstration vessel has already shown that ammonia can be used safely and effectively in marine operations. The next challenge is scaling the use of green ammonia.
By investing in ammonia-capable vessels and working with partners who share our ambition, we are helping create demand for green ammonia and supporting the technologies needed to reduce emissions from global shipping.”
Alexander Saverys, CEO of CMB.TECH said:
“Fortescue and Bocimar have built a strong partnership over more than two decades, grounded in shared values and a clear commitment to decarbonise shipping. This agreement marks an important step in showcasing ammonia as a viable marine fuel and advancing the transition to zero-emission shipping. It also sends a powerful signal to the market, particularly at a time when there is doubt about the decarbonisation of shipping: our sector can decarbonise at scale. It just takes like-minded, determined partners who walk the talk.”
Announcement Q2 2026 results – 27 August 2026
About CMB.TECH
CMB.TECH (all capitals) is one of the largest listed, diversified and future-proof maritime groups in the world with a combined fleet of about 250 vessels: dry bulk vessels, crude oil tankers, chemical tankers, container vessels and offshore energy vessels. CMB.TECH also offers hydrogen and ammonia fuel to customers, through own production or third-party producers.
CMB.TECH is headquartered in Antwerp, Belgium, and has offices across Europe, Asia and Africa.
CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol “CMBT” and on Euronext Oslo Børs under the ticker symbol “CMBTO”. More information can be found at https://cmb.tech
About Fortescue
Fortescue exists to accelerate decarbonisation at a global scale, rapidly and profitably. The Company is committed to delivering on its ambitious Real Zero Target – an emissions reduction target that aims to eliminate Scope 1 and 2 emissions from its Australian terrestrial iron ore operations by the end of 2030. Fortescue is investing significantly in research and development to diversify and grow its core business by combining the operational expertise of a world-leading mining business with groundbreaking technologies. As the Company expands its global footprint, Fortescue’s growth remains deliberate and commercially focused.
Beyond business, Fortescue is committed to building thriving communities and delivering lasting social and economic impact. Through training, employment and business development opportunities, Fortescue is ensuring its success delivers shared and enduring value. fortescue.com
Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbour protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbour provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbour legislation. The words "believe", "anticipate", "intends", "estimate", "forecast", "project", "plan", "potential", "may", "should", "expect", "pending" and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.
In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker vessel capacity, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our filings with the United States Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.
This information is published in accordance with the requirements of the Continuing Obligations on Euronext Oslo Børs.
Mineral Latvija at Port Hedland Naming Ceremony with Alexander Saverys and Katie Charuga as godmother of Mineral Australia
Mineral Latvija at Port Hedland Mineral Latvija at Port Hedland Naming Ceremony with Alexander Saverys and Katie Charuga as godmother of Mineral Australia Naming Ceremony with Alexander Saverys and Katie Charuga as godmother of Mineral Australia
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- EOG Resources, Inc. (EOG) will host a conference call and webcast to discuss second quarter 2026 results on Wednesday, August 5, 2026, at 9 a.m. Central time (10 a.m. Eastern time). Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call. If you are unable to listen to the live webcast, a replay will be available for one year.
If you have any questions, please contact Angie Lewis at 713-651-6722.
About EOG
EOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States and Trinidad. To learn more visit www.eogresources.com.
