Latest news with #TDC
Business Wire
a day ago
- Business
- Business Wire
Northlane Capital Partners Announces the Sale of The Difference Card
BETHESDA, Md.--(BUSINESS WIRE)--Northlane Capital Partners ('NCP') announced today the sale of The Difference Card ('TDC' or the Company) to funds managed by Stone Point Capital LLC. Founded in 2001, TDC is a provider of healthcare cost containment solutions that enable employers to reduce healthcare insurance costs without reducing employees' benefit levels or increasing employees' out-of-pocket expenses. By utilizing card technology, risk transfer solutions, and proprietary wellness strategies, the Company has delivered billions of dollars in savings to its clients, while at the same time providing the highest level of employee benefits. Additional information is available at Sean Eagle, Partner at NCP, said, 'We've worked closely with Joe Donovan and the TDC team since our investment in 2021, and over that time, TDC has cemented itself as an innovative leader within the healthcare cost containment solutions space. As employer-sponsored healthcare costs continue to surge, we believe companies like TDC that offer a strong value proposition and help to reduce employer healthcare costs continue to be attractive investment opportunities. This exit is a great example of NCP executing on our investment strategy and partnering with strong management teams to drive a phenomenal outcome.' 'We're grateful to NCP for their strategic guidance and commitment over the past several years,' said Joe Donovan, CEO of TDC. 'Their partnership was instrumental in helping us build a world class leadership team, launch new products, and expand our broker relationships, all of which position us for ongoing success.' Chase Edmonds, Principal at NCP, added, 'We acquired TDC four years ago through proactive sourcing, and by leveraging our extensive executive network, were able to bring in Joe very shortly thereafter to lead the Company. Coupling his leadership with NCP's expertise in the employer healthcare benefits and human resources outsourcing sectors allowed us to quickly execute on several value creation initiatives, which significantly accelerated TDC's growth.' Eugene Krichevsky, Partner at NCP, stated, 'Despite the macro uncertainties and broader declines in overall M&A volume, we continue to be active investors, with three new platform investments and four portfolio company exits over the past 15 months, with another exit pending. Our sale of TDC shows how our strategy, which we've consistently deployed over the last two decades, can thrive across macro cycles. That unwavering focus on lower middle-market companies operating in niche subsectors within our targeted verticals is what differentiates NCP and makes us a great partner.' Based in Bethesda, MD, NCP is a middle market private equity firm focused on key segments within the healthcare and business services sectors, where its principals have invested $1.8 billion of equity capital. NCP's strategy is to partner with industry leading companies and great management teams, aligning incentives to accelerate growth and build value. For more information, please visit
Hans India
3 days ago
- Health
- Hans India
TGMC and Dental Council caught in a ‘surgical' war
Hyderabad: The Telangana Medical Council (TGMC) and the Telangana Dental Council (TDC) are at loggerheads over professional issues and the nature of their specialisations. The bone of contention is that dental surgeons and oral maxillofacial surgeons (MDS) are performing hair transplant and aesthetic surgeries. While the TGMC issued a notification stating that dental surgeons cannot perform hair transplant within a day, the TDC has asserted that they are qualified to do so. Responding to the notification issued by TGMC, the state dental council has come up with its version regarding the scope of practice of Oral and Maxillofacial Surgeons (OMFS). It states that these dental surgeons are qualified to perform facial aesthetic procedures and hair transplants. Members from the dental council cite the amendments made by the Dental Council of India (DCI) to the Master of Dental Surgery (MDS) Course Regulations (3rd Amendment). The amendments have been published in the Gazette of India on August 26, 2019, through Notification No. DE-87(3)-2019. According to DCI regulations, oral and maxillofacial surgeons are trained to perform a wide range of procedures, including minor oral surgeries; surgical management of soft tissue injuries, fractures, gunshot wounds, war injuries, and cancers in the head and neck region, craniofacial surgery, surgical correction of aesthetic defects in jaws and face, skin graft harvesting, bone graft harvesting from hip, ribs, skull and lower leg, among several such specialisations. They recalled that during the Covid-19 pandemic, maxillofacial surgeons played a crucial role in removing black fungus (Mucormycosis) infections, setting right neurological problems in the maxillofacial region and laser surgery for lesions and cryosurgery. The TDC has also mentioned that they were medically qualified to perform aesthetic facial surgery, including for facial skin, underlying facial muscles, bone, eyelids, external ear, acne scars, facelifts, blepharoplasty, otoplasty and facial bone recontouring. 'The Telangana Dental Council advises the public not to be misled by statements from any other organisations, councils or bodies regarding this matter, other than those from the Dental Council of India or the respective state dental councils,' it said in a clarification issued on TGMC has stuck to its guns while contending that dentists, dental surgeons, and oral and maxillofacial surgeons do not possess the required qualifications to perform aesthetic procedures and hair transplants. It maintained that they do not have these specialities as a core topic in their curriculum, indicating a lack of formal surgical knowledge and training to go about these procedures. Caught in this professional wrangle that smacks of a battle for one-upmanship are the people, who are unsure of which Council's contentions are right, medically speaking.
Yahoo
6 days ago
- Business
- Yahoo
Teradata's Q1 Earnings Call: Our Top 5 Analyst Questions
Teradata's first quarter results for 2025 were shaped by a combination of declining top-line sales and expanding profit margins. Management highlighted ongoing improvements in its advanced analytics and hybrid cloud offerings as key factors underpinning customer retention and growth in cloud annual recurring revenue. CEO Steve McMillan credited the company's focus on industry-specific use cases and its ability to meet customers' needs in both cloud and on-premises environments for sustaining engagement despite a challenging macroeconomic landscape. Management also noted the benefits of cost optimization efforts that helped support profitability, with McMillan stating, 'Our go to market team is executing well against the pipeline we carried into 2025.' Is now the time to buy TDC? Find out in our full research report (it's free). Revenue: $418 million vs analyst estimates of $428.2 million (10.1% year-on-year decline, 2.4% miss) Adjusted EPS: $0.66 vs analyst estimates of $0.56 (17% beat) Adjusted Operating Income: $91 million vs analyst estimates of $82.32 million (21.8% margin, 10.6% beat) Revenue Guidance for Q2 CY2025 is $401.1 million at the midpoint, below analyst estimates of $409 million Management reiterated its full-year Adjusted EPS guidance of $2.20 at the midpoint Operating Margin: 15.8%, up from 10.3% in the same quarter last year Annual Recurring Revenue: $1.44 billion at quarter end, down 2.6% year on year Billings: $457 million at quarter end, in line with the same quarter last year Market Capitalization: $2.08 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. Erik Woodring (Morgan Stanley) asked about additional cost-cutting opportunities and the balance between SG&A and R&D. CEO Steve McMillan emphasized the focus on profitable growth and continued optimization of investments, citing recent restructuring in the sales team to prioritize analytics and AI solutions. Yitchuin Wong (Citi) inquired about lessons learned from recent executive transitions and the impact on future execution. McMillan described the evolution toward "Teradata 3.0," focused on business outcomes driven by advanced analytics and AI, and highlighted the company's retooled innovation strategy. Howard Ma (Guggenheim) questioned parallels between current macro uncertainty and previous periods of cloud optimization. McMillan noted that Teradata's sticky customer base and critical workload management provide visibility, while services business headwinds are expected to ease later in the year. Chirag Ved (Evercore ISI) sought clarification on the confidence behind maintaining ARR guidance amid cautious industry commentary. McMillan maintained that pragmatic guidance and improved retention rates support the company's outlook for returning to ARR growth in the second half of the year. Jared Jungjohann (TD Cowen) asked for updates on the impact of AI-related products on near-term revenue. McMillan stated that while the current revenue impact is limited, strong customer interest and growing use cases are expected to drive platform utilization and future growth. In upcoming quarters, the StockStory team will be watching (1) the pace of adoption for Teradata's new AI-enabled products, particularly the Enterprise Vector Store and on-premises AI capabilities, (2) sustained improvements in customer retention rates and the resulting impact on recurring revenue, and (3) evidence that the new executive leadership team can accelerate innovation and operational efficiency. Developments in hybrid cloud adoption and customer expansion within regulated industries will also be important markers. Teradata currently trades at $21.99, in line with $21.95 just before the earnings. At this price, is it a buy or sell? See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. 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 Exlservice (+354% five-year return). Find your next big winner with StockStory today.
Yahoo
6 days ago
- Business
- Yahoo
Turkcell Subsidiary Secures €100 Million Islamic Financing to Boost Data Center, Cloud Expansion
Turkcell Iletisim Hizmetleri (NYSE:TKC) is one of the best telecom stocks to buy according to Wall Street analysts. Towards the end of May, Turkcell announced that its subsidiary, called TDC Veri Hizmetleri (or simply TDC), secured €100 million in murabaha financing. The 5-year financing agreement was made with Emirates NBD Bank, which is a banking group in the Middle East and Türkiye MENAT region. The murabaha financing adheres to interest-free Islamic finance principles and helps TDC support its position in the data center and cloud business. The funds empower Turkcell Group's data center investments via TDC, accelerate its digital infrastructure initiatives, and align with its long-term growth objectives. A mid-rise office building bustling with employees working on various telecom projects. Turkcell prioritizes the development of high-capacity and eco-friendly data centers for cloud computing, AI, and big data demands. This approach aligns with the company's national digitalization goals. Turkcell Group offers a portfolio of voice, data, and IPTV services across its mobile and fixed networks, in addition to digital consumer, enterprise, and techfin services. Turkcell Iletisim Hizmetleri (NYSE:TKC) provides converged telecommunication and technology services in Turkey, Belarus, the Turkish Republic of Northern Cyprus, and the Netherlands. While we acknowledge the potential of TKC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Business Recorder
20-06-2025
- Business
- Business Recorder
Payment dispute between CPPA-G, KE remains unresolved
ISLAMABAD: The Power Division has reportedly failed to resolve a dispute over an excess payment of Rs 7.43 billion between the Central Power Purchasing Agency – Guaranteed (CPPA-G) and K-Electric (KE), which has been pending for over a year, sources within CPPA-G told Business Recorder. In May 2024, the Power Division released Rs 172.8 billion to CPPA-G on account of Tariff Differential Claims (TDC) for KE. In this regard, KE referred to the Power Purchase Agency Agreement (PPAA) between KE and CPPA-G and the Tariff Differential Subsidy Agreement (TDSA) between KE and the Government of Pakistan, both signed in January 2024. According to KE, since the execution of the PPAA, it has fulfilled its obligations and paid Rs 71.5 billion directly to CPPA-G for power purchases—demonstrating its commitment to enhancing liquidity and sustainability within the power sector. As a result, KE states that there are no outstanding payables to CPPA-G after December 31, 2023. Discos, KE's tariffs: CPPA-G seeks up to Rs1.5 negative adjustment Furthermore, the power utility noted that following the release of the TDC by the Power Division on KE's behalf, all dues to CPPA-G up to December 31, 2023, have been cleared. In fact, KE claims it made an excess payment of Rs 7.43 billion, which it seeks to be adjusted against future invoices under the PPAA. KE has requested CPPA-G to issue a credit note of Rs 7.43 billion, to be made directly to KE rather than CPPA-G, in line with the TDS agreement. The utility has sent multiple letters to the Power Division requesting this credit note and seeking that future TDC disbursements related to the post-December 31, 2023 period be released directly to KE, as per the effective TDSA. Most recently, on June 10, KE sent a letter to Additional Secretary (Power Finance), Mehfooz Bhatti, summarizing previous correspondence and reiterating its demand for a Rs 7.43 billion credit note and direct release of future TDC amounts. Sources reveal that CPPA-G has shown willingness to issue a credit note of Rs 3 billion to KE, suggesting that the remaining amount be discussed with the Power Division. However, a final decision is still pending, and neither the Power Division nor CPPA-G has shared any update on the matter. 'KE contends that since it is paying the full amount against invoices issued by CPPA-G, a credit should be issued to facilitate proper accounting adjustments,' the sources added. KE has also requested that the Power Division release the additional amount before June 30, 2025. For FY 2025-26, the subsidy allocated to KE has been reduced by over 28%—from Rs 174 billion in FY 2024-25 to Rs 125 billion. However, an allocation of Rs 1 billion has been earmarked for agricultural tubewells in Balochistan, up from Rs 500 million in the previous fiscal year. Copyright Business Recorder, 2025
