Analysis – Page 24 – Goldea Capital

Businesses overestimate real progress on AI

Written by Customer Service on June 17, 2026. Posted in Public Companies.

EXL’s 2026 U.S. Enterprise AI Study finds significant gap between perceived progress on AI adoption and real-world performance improvement76% of companies believe they are ahead of their competitors on AI Just 10% meet the criteria of an AI Leader AI Leaders achieve 27% revenue growth, 26% cost reduction and 22% margin improvement by reimagining core workflowsNEW YORK, June 17, 2026 (GLOBE NEWSWIRE) — Most companies believe they’re outperforming their competitors on AI. New research from EXL [NASDAQ: EXLS], a global data and AI company, shows only one in 10 are making significant company-wide progress integrating AI across core business functions and experiencing a notable return on investment (ROI) from their AI initiatives. The gap is not a technology problem. It is an operating model problem. The third annual EXL U.S....

Progressive Announces Management Changes

Written by Customer Service on June 17, 2026. Posted in Public Companies.

MAYFIELD VILLAGE, OHIO, June 17, 2026 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) (the “Company”) announced that Pat Callahan intends to retire from his role as the Company’s Personal Lines President after almost 24 years with the Company. Mr. Callahan will continue to serve in his current role until January 2027, and will continue to advise the Company on a part-time basis afterward. The Company will conduct an internal search for Mr. Callahan’s successor. To support a smooth transition, Lori Niederst, currently CRM President, will move into a newly created role of Chief Personal Lines Officer, overseeing Personal Lines and CRM operations. Heather Day, currently General Manager, Customer Experience Strategy in the CRM organization, will move into the CRM President role in July. “Pat has been a critical force behind...

Clearlake-backed Quest Software Acquires Anetac to Advance Identity Security for the Agentic AI Era

Written by Customer Service on June 17, 2026. Posted in Mergers And Acquisitions.

Acquisition Strengthens Quest’s Security Platform with AI-Powered, Continuous Visibility into Human, Non-human, and Agentic Identities AUSTIN, Texas, June 17, 2026 (GLOBE NEWSWIRE) — Quest Software, a global leader in data management, cybersecurity, and platform modernization, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced it has acquired Anetac, a provider of AI-powered identity security for human, non-human, and agentic identities. The acquisition strengthens Quest’s position in identity security in Microsoft ecosystems, extending its platform with continuous visibility into identity access, privilege behavior, and access chains. As AI and automation accelerate the proliferation of non-human identities, Quest is advancing its capabilities in agentic identity security – helping...

Diginex Announces Extension of Long Stop Date for Proposed Acquisition of Resulticks

Written by Customer Service on June 17, 2026. Posted in Mergers And Acquisitions.

LONDON, June 17, 2026 (GLOBE NEWSWIRE) — Diginex Limited (NASDAQ: DGNX) (“Diginex” or the “Company”), a provider of ESG, sustainability, and compliance solutions to institutional and corporate clients, today announced that it has agreed with Resulticks Global Companies Pte. Limited (“Resulticks”) to extend the Long Stop Date under the Sale and Purchase Agreement relating to Diginex’s proposed acquisition of Resulticks from 12 June 2026 to 30 June 2026 for the purpose of attending to the satisfaction of the remaining conditions to completion. The proposed transaction, originally announced on 16 April 2026, remains subject to these conditions, including the conditions precedent contained in the Sale and Purchase Agreement. There can be no assurance that all such conditions will be satisfied or waived, or that the...

Progressive Reports May 2026 Results

Written by Customer Service on June 17, 2026. Posted in Earnings Releases And Operating Results.

MAYFIELD VILLAGE, OHIO, June 17, 2026 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2026: May (millions, except per share amounts and ratios; unaudited) 2026 2025 Change Net premiums written $ 7,027 $ 6,634 6 % Net premiums earned $ 7,361 $ 6,715 10 % Net income $ 1,445 $ 1,065 36 % Per share available to common shareholders $ 2.47 $ 1.81 36 % Total pretax net realized gains (losses) on securities $ 215 $ 211 2 % Combined ratio 82.1 86.9 (4.8 ) pts. Average diluted equivalent common shares 584.2 587.7 (1 ) % May 31, (thousands; unaudited) 2026 2025 % Change Policies in Force Personal Lines Agency...

Verizon announces expiration and final results of its tender offers and consent solicitations for 20 series of Verizon and certain of its subsidiaries’ notes

Written by Customer Service on June 17, 2026. Posted in Public Companies.

NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) — Verizon Communications Inc. (“Verizon”) (NYSE, Nasdaq: VZ) today announced the expiration and final results, as of 5:00 p.m. (New York City time) on June 16, 2026 (the “Expiration Date”), which was also the Any and All Notes Extended Early Participation Date (as defined in Verizon’s press releases relating to the Tender Offers and Consent Solicitations dated June 2, 2026 (collectively, the “June 2026 Press Release”) of its previously announced 11 separate offers, on behalf of certain of its wholly-owned subsidiaries, to purchase for cash any and all of the debt securities listed in Table 1 below (the “Any and All Notes” and such offers, the “Any and All Tender Offers”) as well as solicit consents (the “Consent Solicitations”) to the proposed amendments to the indentures governing the Any...

Verizon announces expiration and final results of its private exchange offers and consent solicitations for 11 series of notes

Written by Customer Service on June 17, 2026. Posted in Public Companies.

NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) — Verizon Communications Inc. (“Verizon”) (NYSE, Nasdaq: VZ) today announced the expiration and final results, as of 5:00 p.m. (New York City time) on June 16, 2026 (the “Expiration Date”), which was also the Extended Early Participation Date (as defined in Verizon’s press release relating to the Exchange Offers and Consent Solicitations dated June 2, 2026 (the “Early Results Press Release”), of its previously announced (i) offers to exchange (the “Exchange Offers”), on behalf of certain of its wholly-owned subsidiaries, any and all of the outstanding series of debt securities listed below (the “Old Notes”) for specified series of newly issued notes of Verizon (collectively, the “New Notes”) and (ii) solicitations of consents (the “Consent Solicitations”), on behalf of such subsidiaries,...

Falco Resources Announces Updated Feasibility Study for Horne 5 Project, Delivering After-Tax NPV5% C$3.35 Billion, IRR of 28.2% and Cash Flow of C$6.4 Billion at Base Case Gold Price of US$3,600/Oz

Written by Customer Service on June 17, 2026. Posted in Public Companies.

(All dollar amounts are expressed in Canadian Dollars ($) unless otherwise stated) MONTREAL, June 17, 2026 (GLOBE NEWSWIRE) — Falco Resources Ltd. (FPC: TSX-V) (“Falco” or the “Corporation”) is pleased to announce the results of an updated feasibility study (the “2026 Feasibility Study” or the “2026 FS” ), prepared in accordance with National Instrument 43-101 Respecting Standards of Disclosure for Mineral Projects (“NI 43-101”) for the Corporation’s 100%-owned Horne 5 Gold Project (the “Horne 5 Project” or the “Project”) located in Rouyn-Noranda, Québec, Canada. HIGHLIGHTSRobust returns with base case after-tax NPV5% of $3.35 billion (increase of 244% from 2021 FS), unlevered after-tax IRR of 28.2% and after-tax payback of 3.3 years; Using spot case, after-tax NPV5% improves to $5.1 billion (53% increase), after-tax IRR of...

Diana Shipping Inc. Raises Offer to Acquire Genco Shipping & Trading to $27.34 Per Share Comprised of $24.80 in Cash and One Diana Share

Written by Customer Service on June 17, 2026. Posted in Mergers And Acquisitions.

Diana Shares Valued at $2.54 Per Share Based on Diana’s Volume-Weighted Average Price for the 30 Days Ended on June 16, 2026 Revised Offer Reflects a 53% Premium to Genco’s Undisturbed Share Price and a 6% Premium to NAV at Cyclically High Drybulk Asset Values at or Near 15-Year Highs Provides Genco Shareholders Immediate Cash Certainty Plus Opportunity for Equity Participation in the Combined Company Diana Requests That Genco Delay the Annual Meeting Currently Scheduled for June 18 to Allow the Board and Shareholders Time to Properly Evaluate the Increased Offer CEO Semiramis Paliou and Other Diana Executives Intend to Maintain Their Existing Ownership Percentages in Diana Through Open Market Purchases Following Completion of the Transaction ATHENS, Greece, June 17, 2026 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE:...

ArcelorMittal, thyssenkrupp Steel and voestalpine call for pragmatic ETS reform, to secure the competitiveness of European steelmaking and help to accelerate decarbonisation

Written by Customer Service on June 17, 2026. Posted in Public Companies.

17 June 2026, 13:15 CET Three of Europe’s leading steelmakers – ArcelorMittal Europe, thyssenkrupp Steel, and voestalpine – are today issuing a joint call for urgent, pragmatic reform of the EU Emissions Trading System (ETS), warning that without adjustments the current trajectory risks destroying Europe’s industrial base. In an article published in the Financial Times, ArcelorMittal executive chairman Lakshmi Mittal articulated the companies’ shared position on how the ETS needs to be reconsidered, to safeguard European steelmaking and all the industries it serves. Together, the three companies represent around 60% of Europe’s integrated steel production, placing them at the heart of the EU’s industrial value chains. All three have committed to decarbonising their operations, but stressed that the policy framework must enable,...

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals