Takeover Tussle
Morning, I'm Louise Moon
It seemed like a done deal — another foreign firm snapping up a relatively cheap UK stock.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
James R. Calhoun (Rob) July 8, 1941 - June 23, 2025 Rob was
Jun. 28—James R. Calhoun (Rob) July 8, 1941 — June 23, 2025 Rob was born on July 8, 1941 in Owensboro, Kentucky to the late Everett Calhoun and Pauline Payne-Calhoun and passed away peacefully on June 23, 2025 in Chandler, Arizona surrounded by his loving family. He was also preceded in death by brothers Rev. Gerald "Jerry" Calhoun, Sherrell Calhoun, James Henry Calhoun, Julian Calhoun and sisters Juanita Riney, Lucy Sthrel, and Martha Warren. Rob attended Catholic grade school, high school, and college in Owensboro, Kentucky. After college, he moved to Arizona where he was employed as Director of Restaurant Sales for a national bakery company. Through connections made there, he purchased a fast-food restaurant operation in Albuquerque, New Mexico. He grew that first business to five restaurants, a restaurant equipment sales and rental company, and a Coca Cola Distributing Company. Rob's final venture was a Business Brokerage and Commercial Real Estate Company in Albuquerque, New Mexico. Rob had a love of boating, fishing, and traveling in his RV. Rob was past President of the Evening Optimist Club of Albuquerque where he received an award for Optimist of the Year and was awarded as Life Member to Optimist International. He was also past President of ASEGA (Albuquerque Sales and Economic Growth Association) and he was a member of the EAGA (Executive Association of Greater Albuquerque), and a Fourth Degree Knight of Columbus at St. Juan Diego Catholic Church in Chandler, Arizona. He is survived by his wife Margie Moore-Calhoun, daughters Kathy Morris (Jerry) of Mesa, AZ, Christy Calhoun-Anderson (David) of Albuquerque, NM, Cindy Calhoun of Albuquerque, NM, and sons Tim Calhoun of Albuquerque, NM, Daniel Calhoun (Christina) of Prescott, AZ, and Sean Calhoun (Melissa) of Albuquerque, NM, and three grandchildren Cassie Kaplan, Payton Calhoun, and Lennon Calhoun. Memorial contributions may be made to the Knights of Columbus, Father Louis Anthony Sigman, Council 16277, St. Juan Diego Catholic Church, 3200 S. Cooper Road, Chandler, AZ 85286. A Memorial Mass will be held Friday, July 11, 2025, at 10:00 a.m. at St. Juan Diego Catholic Church, 3200 S. Cooper Road, Chandler, AZ 85286, followed by a reception at IronOaks Country Club at the Poolside Community Center, 24211 S. Oakwood Boulevard, Sun Lakes, AZ 85248. Condolences may be expressed at
Yahoo
30 minutes ago
- Yahoo
The Top 5 Analyst Questions From Cogent's Q1 Earnings Call
Cogent's first quarter results were met with a negative market reaction after the company reported revenue below Wall Street's expectations, driven by ongoing churn in legacy Sprint contracts and continued efforts to exit low-margin services. CEO Dave Schaeffer openly acknowledged these headwinds, stating, 'We have churned the vast majority of undesirable revenue from the Sprint base,' which contributed to the year-on-year revenue decline. On the positive side, Cogent highlighted significant growth in its wavelength services and improvements in operating margin, reflecting realized cost savings from the Sprint integration and ongoing network optimization. Is now the time to buy CCOI? Find out in our full research report (it's free). Revenue: $247 million vs analyst estimates of $249.6 million (7.2% year-on-year decline, 1% miss) Adjusted EPS: -$1.09 vs analyst estimates of -$1.11 (1.4% beat) Adjusted EBITDA: $43.76 million vs analyst estimates of $69.87 million (17.7% margin, 37.4% miss) Operating Margin: -16.3%, up from -22.3% in the same quarter last year Market Capitalization: $2.3 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Josh (Goldman Sachs) asked about competitive dynamics in the wavelength segment and the outlook for corporate revenue growth. CEO Dave Schaeffer said competitors lack Cogent's coverage and provisioning speed, and expects corporate revenue to stabilize after churn completes by mid-year. Greg Williams (TD Cowen) inquired about the slower dividend growth and milestones to resume a higher pace. Schaeffer linked future dividend increases to deleveraging, stating that net leverage reduction is the key trigger. Alex Waters (Bank of America) questioned the trajectory of wavelength average revenue per user (ARPU) and timing of data center monetization. Schaeffer expects ARPU to stabilize around $1,900–$2,000 as higher-capacity sales rise and noted data center deals are progressing but lack a fixed timeline. Walter Piecyk (LightShed) asked if wavelength growth is limited by customer readiness or Cogent's own capacity. Schaeffer clarified that Cogent can provision up to 500 installs per month, but growth is currently paced by customer preparedness. Chris Scholl (UBS) asked about the confidence behind raising long-term growth targets and segment-level growth rates. Schaeffer cited improved visibility after Sprint churn and forecasted double-digit NetCentric growth and mid-single-digit corporate growth post-churn. In the coming quarters, the StockStory team will be watching (1) Cogent's ability to complete the churn of low-margin Sprint contracts and achieve a return to revenue growth, (2) the scaling and monetization of its wavelength and data center assets, and (3) continued improvement in adjusted EBITDA margins as cost savings are realized. Progress on data center sales or leases, as well as sustained strength in IPv4 leasing, will also be key markers of execution. Cogent currently trades at $47.66, down from $53.14 just before the earnings. Is the company at an inflection point that warrants a buy or sell? The answer lies in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30 minutes ago
- Yahoo
The Top 5 Analyst Questions From IPG Photonics's Q1 Earnings Call
IPG Photonics' first quarter was met with a negative market reaction, reflecting concerns over declining sales and margin compression. Management pointed to stabilization in core business lines and highlighted 'early traction in key areas that are central to our strategy,' according to CEO Mark Gitin. Notable factors behind the results included continued weakness in mature cutting applications, partially offset by growth in medical and advanced applications and the contribution from the cleanLASER acquisition. Gitin acknowledged lower demand in traditional materials processing, while CFO Tim Mammen cited sequential improvement in bookings, especially in e-mobility and micromachining. Is now the time to buy IPGP? Find out in our full research report (it's free). Revenue: $227.8 million vs analyst estimates of $225.1 million (9.6% year-on-year decline, 1.2% beat) Adjusted EPS: $0.31 vs analyst estimates of $0.22 (40.9% beat) Revenue Guidance for Q2 CY2025 is $225 million at the midpoint, below analyst estimates of $239.9 million Adjusted EPS guidance for Q2 CY2025 is $0.10 at the midpoint, below analyst estimates of $0.33 EBITDA guidance for Q2 CY2025 is $23.5 million at the midpoint, below analyst estimates of $28.07 million Operating Margin: 0.8%, down from 7.6% in the same quarter last year Inventory Days Outstanding: 190, up from 180 in the previous quarter Market Capitalization: $2.88 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Ruben Roy (Stifel) asked about the drivers of strong bookings and growth in China's e-mobility sector. CEO Mark Gitin cited 'adjustable mode beam lasers and integrated scanning systems' as key differentiators in that market. Jim Ricchiuti (Needham & Company) questioned the expected timing of medical and micromachining product contributions. Gitin stated that the new urology system will see limited impact later this year with greater revenue contribution in 2026. Michael Feniger (Bank of America) inquired about the tariff's effect on cost structure and competitive dynamics. CFO Tim Mammen explained that near-term gross margin impacts should decline as manufacturing shifts away from high-tariff regions. Scott Graham (Seaport Research Partners) sought clarification on manufacturing optimization and how moving production away from China will affect costs. Gitin responded that IPG's global footprint allows for flexible realignment, minimizing tariff exposure with only minor increases in certain input costs. Keith Housum (Northcoast Research) probed the sustainability and composition of the book-to-bill ratio. Mammen indicated that medical orders have longer cycles, with most other segments remaining on short delivery timelines. In the coming quarters, the StockStory team will monitor (1) the pace of tariff mitigation and supply chain reconfiguration, (2) revenue traction from new medical and micromachining products, and (3) stabilization or recovery in core cutting and welding applications. Execution on these priorities will be important in determining whether IPG can return to growth and margin expansion. IPG Photonics currently trades at $68.84, up from $63.12 just before the earnings. Is there an opportunity in the stock?See for yourself in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
