The Volkswagen-Gross shareholder Porsche SE is getting more and more felt in the auto industry and therefore relies on more engagement in armor. The adjusted net profit, which is primarily characterized by the results of the subsidiaries Volkswagen and the sports car manufacturer Porsche AG, broke billions of euros by almost half to 1.11 (2024:… Continue reading German FAZ: Porsche SE wants to expand investments in armor 009815
Tag: Financial Results
Markel Insurance completes agreement to sell reinsurance renewal rights to Nationwide
RICHMOND, Va., Aug. 18, 2025 /PRNewswire/ — Markel Insurance, the insurance operations within Markel Group Inc. (NYSE: MKL), has completed the sale of the renewal rights for its Global Reinsurance business to Nationwide. This transaction was previously announced on July 30, 2025, and is part of Markel’s broader strategy to simplify operations and focus on the… Continue reading Markel Insurance completes agreement to sell reinsurance renewal rights to Nationwide
Markel Insurance completes agreement to sell reinsurance renewal rights to Nationwide
RICHMOND, Va., Aug. 18, 2025 /PRNewswire/ — Markel Insurance, the insurance operations within Markel Group Inc. (NYSE: MKL), has completed the sale of the renewal rights for its Global Reinsurance business to Nationwide. This transaction was previously announced on July 30, 2025, and is part of Markel’s broader strategy to simplify operations and focus on the… Continue reading Markel Insurance completes agreement to sell reinsurance renewal rights to Nationwide
J.P. Morgan Asset Management Announces Liquidation of JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and JPMorgan Climate Change Solutions ETF (TEMP)
NEW YORK, Aug. 18, 2025 /PRNewswire/ — J.P. Morgan Asset Management today announced the upcoming liquidation and dissolution of the JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and JPMorgan Climate Change Solutions ETF (TEMP). Shareholders may buy and sell their shares prior to the delisting date at market prices on NYSE Arca. The last day of… Continue reading J.P. Morgan Asset Management Announces Liquidation of JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and JPMorgan Climate Change Solutions ETF (TEMP)
Trez Capital Provides Notification of Temporary Redemption Suspension for Five Open-Ended Funds
Fund distributions will continue to be paid monthly to unitholders Suspension preserves flexibility as the Funds manage existing commitments VANCOUVER, BC, Aug. 18, 2025 /PRNewswire/ – Trez Capital (the “Firm”), one of North America’s leading private real estate investment firms, today announced the temporary suspension of redemptions across five of its open-ended Funds, namely Trez Capital… Continue reading Trez Capital Provides Notification of Temporary Redemption Suspension for Five Open-Ended Funds
Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2025 Financial Results
Fiscal fourth quarter revenue grew 16% year over year to $2.5 billion. Fiscal year 2025 revenue grew 15% year over year to $9.2 billion. Next-Generation Security ARR grew 32% year over year to $5.6 billion. Remaining performance obligation grew 24% year over year to $15.8 billion. SANTA CLARA, Calif., Aug. 18, 2025 /PRNewswire/ — Palo… Continue reading Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2025 Financial Results
Evolent Health, Inc. Announces Proposed Offering of $140.0 Million of Convertible Senior Notes Due 2031 to Repurchase Existing Notes and Class A Common Stock
WASHINGTON, Aug. 18, 2025 /PRNewswire/ — Evolent Health, Inc. (NYSE: EVH), a company focused on achieving better health outcomes for people with complex conditions (“Evolent”), today announced that it intends to offer $140.0 million aggregate principal amount of convertible senior notes due 2031, subject to market and other conditions. Evolent also expects to grant the… Continue reading Evolent Health, Inc. Announces Proposed Offering of $140.0 Million of Convertible Senior Notes Due 2031 to Repurchase Existing Notes and Class A Common Stock
Palo Alto Networks Announces Retirement of Nir Zuk, Founder and CTO
Taps founding team member and longtime product chief Lee Klarich as CTO and Board Member to succeed Zuk SANTA CLARA, Calif., Aug. 18, 2025 /PRNewswire/ — Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today announced that Nir Zuk, its founder, Chief Technology Officer (CTO), and board member, has retired after more than 20 years… Continue reading Palo Alto Networks Announces Retirement of Nir Zuk, Founder and CTO
BitMine Immersion (BMNR) is the #1 ETH treasury in the world, now 2nd largest crypto treasury globally and the 10th most liquid US stock, trading $6.4 billion per day on average
BitMine Crypto Holdings Exceed $6.612 billion, including 1.52 million ETH Tokens BitMine Crypto holdings of $6.6 billion ETH is a $1.7 billion increase from $4.9 billion reported last week BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, and Galaxy Digital… Continue reading BitMine Immersion (BMNR) is the #1 ETH treasury in the world, now 2nd largest crypto treasury globally and the 10th most liquid US stock, trading $6.4 billion per day on average
OpenAI Announces That It’s Making GPT-5 More Sycophantic After User Backlash
Earlier this month, OpenAI CEO Sam Altman announced that the company would be reinstating its GPT-4o model, just over 24 hours after declaring that its newfangled GPT-5 would be accompanied by the “deprecating” of all previous models. The scale of the blowback from angry users was staggering. Those who had become accustomed to the “sycophantic”… Continue reading OpenAI Announces That It’s Making GPT-5 More Sycophantic After User Backlash