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03.06.26 - 23:36
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Snap Inc. Receives Credit Rating Upgrade from S&P Global Ratings (Business Wire)
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SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) today announced that S&P Global Ratings has upgraded the company's issuer credit rating to BB- from B+, with a positive outlook. S&P also upgraded its issue-level ratings on Snap's unsecured notes to BB- from B+.
In its report, S&P cited Snap's improving operating and financial performance, including:
Lower S&P Global Ratings-adjusted gross leverage;
Improved free operating cash flow to debt;
Expected revenue growth, supported by subscriptions and newer monetization initiatives; and
Snap's recently announced cost savings program, which S&P expects to support accelerated deleveraging.
S&P's positive outlook reflects the potential for a higher rating over the next year if Snap successfully executes its cost savings initiatives and continues growing revenue, supporting further improvement in leverage.
“This upgrade reflects the progress we are making to strengthen Snap's financial profile while continuing to invest in our long-term growth ...
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03.06.26 - 22:57
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Corporate News: Recorded Future (EQS)
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Recorded Future kündigt strategische Partnerschaft mit Wipro an, um AI-gestützte Threat Intelligence auf globaler Unternehmensebene bereitzustellen...
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03.06.26 - 22:18
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U-Haul Holding Company Announces Quarterly Cash Dividend (Business Wire)
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RENO, Nev.--(BUSINESS WIRE)--U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on June 3, 2026 declared a quarterly cash dividend of $0.05 per share on its Series N Non-Voting Common Stock (NYSE: UHAL.B). The dividend will be payable June 26, 2026 to holders of record on June 15, 2026.
This is the fifteenth dividend issued under the Company's dividend policy announced in October 2022.
About U-Haul Holding Company
U-Haul Holding Company is the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company. U-Haul is in the shared use business and was founded on the fundamental philosophy that the division of use and specialization of ownership is good for both U-Haul customers and the environment.
About U-Haul
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers with a network of over 25,000 locatio...
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03.06.26 - 22:06
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ChargePoint Reports First Quarter Fiscal Year 2027 Financial Results (Business Wire)
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Revenue grew 4% year-over-year to $102 million, above the guidance range
Subscription revenue grew 7% year-over-year to $41 million
GAAP gross margin was 29% and non-GAAP gross margin was 32%
ChargePoint launched Express Solo, the world's fastest standalone EV charger for mass-market passenger EVs
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE:CHPT) (“ChargePoint” or the "Company"), a leading provider of electric vehicle (EV) charging solutions, today reported its financial results for the first quarter of fiscal year 2027, which ended April 30, 2026.
“Q1 was a strong start to the year for ChargePoint, as we exceeded the high end of our guidance, delivered a third consecutive quarter of year-over-year growth, and maintained strong margins with continued cost discipline,” said Rick Wilmer, President and Chief Executive Officer. “ChargePoint is entering the year focused on accelerating growth, driven by innovation like the new Express Solo, the world's fastest stan...
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