VanEck Morningstar ESG Moat ETF (BATS: MOTE)

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The Fund normally invests at least 80 percent of its total assets in securities that comprise the Funds benchmark index. The Morningstar US Sustainability Moat Focus Index provides exposure to attractively valued companies with long-term competitive advantages while excluding those companies with high environmental, social and governance (ESG) risks. The Morningstar US Sustainability Moat Focus Index is comprised of securities issued by U.S. companies that Morningstar, Inc. (Morningstar or the Index provider) determines to have long-term competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors (wide moat companies).

Tyler Technologies Inc

Transunion

Intercontinental Exchange, Inc.

Short Terms

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Masco Corp

Thermo Fisher Scientific Inc

Emerson Electric Co

Pepsico Inc

Alphabet Inc

Montreal,,Canada,-,March,10,,2018:,Transunion,Web,Site,Under

Earnings

Equities

Large Cap

News

Guidance

Movers

MGRO

MOTE

TransUnion shares rise after reporting Q3 results of $1.085B revenue, above estimates, and optimistic FY24 outlook.

TransUnion Reports Strong Q3: Double-Digit Gains Across US And International Markets, Boosts FY24 Outlook

Needham analyst Mayank Tandon maintains SS&amp;C Techs Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) with a Buy and raises the price target from $90 to $105.

Price Target

Analyst Ratings

SSNC

Needham Maintains Buy on SS&C Techs Hldgs, Raises Price Target to $105

The Company currently intends to use the net proceeds of this offering for general corporate purposes, including but not limited to sales and marketing, research and development activities, financing of potential acquisitions or establishment of healthcare practices, purchases of inventory, general and administrative matters, working capital and capital expenditures.

Offerings

STIM

Neuronetics Prices Public Offering Of 8M Shares Of Common Stock At $2.25 Per Share, Resulting In Gross Proceeds Of $18M

Rosenblatt analyst Hans Mosesmann maintains Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) with a Neutral and lowers the price target from $880 to $800.

MPWR

Rosenblatt Maintains Neutral on Monolithic Power Systems, Lowers Price Target to $800

Management

Hilton Grand Vacations Names Erin Day, Its Executive Vice President Of Finance, As Acting CFO, Effective Immediately

Hilton Grand Vacations Says CFO Daniel J. Mathewes Is Taking Temporary Leave Of Absence For Personal Reasons, Effective Immediately - Filing

Rosenblatt analyst Hans Mosesmann maintains Microchip Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) with a Buy and lowers the price target from $90 to $70.

MCHP

Rosenblatt Maintains Buy on Microchip Technology, Lowers Price Target to $70

Needham analyst Mike Cikos maintains Cloudflare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) with a Buy and raises the price target from $160 to $185.

Needham Maintains Buy on Cloudflare, Raises Price Target to $185

On Thursday, Walgreens Boots Alliance, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) reached an agreement for the early settlement of certain prepaid variable share forward transactions related to shares of Cencora, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COR#NYSE">COR</a>).
As part of the early settlement, Walgreens Boots will transfer approximately 6.1 million Cencora shares to the financial institutions and make a net cash payment of about $20 million.
Alongside this, the company executed a sale of the remaining 1.3 million shares of Cencora pledged under the early settled contracts. The company receives approximately&nbsp;$300 million&nbsp;from the early settlement and the concurrent sale of shares.
Following this settlement, WBA retains 12.6 million Cencora shares under remaining prepaid contracts, set to mature primarily in March, June, and September 2025, with the potential for additional cash proceeds.
The proceeds will primarily be used for debt reduction and general corporate purposes.&nbsp;&nbsp;The transactions were scheduled to mature in March and June 2026.
By settling early and executing a concurrent share sale, WBA is realizing the embedded cash value of the prepaid variable share forwards. With this settlement, Walgreens has lowered its stake in Cencora from 10% to 6%.
Notably, Walgreens has been cutting its stake in Concera for the last few years, decreasing the stake from 12% to 10% for around <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/b40119033/walgreens-boots-alliance-sells-shares-of-cencora-for-approximately-1-1-billion-of-proceeds" rel="noreferrer noopener">$1.1 billion in August 2024</a>.
Also, in May 2024,&nbsp;Walgreens reduced ownership of Cencora shares from 13% to <a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/b38975615/walgreens-boots-alliance-sells-shares-of-cencora-for-400-million-of-proceeds" rel="noreferrer noopener">12% for approximately $400 million</a>.
These transactions, along with other recent measures such as the dividend suspension, further strengthen WBA&#8217;s ability to address its upcoming debt maturities in fiscal 2026.
Last month, the company announced it is halting its quarterly dividend while the management team reviews and adjusts its capital allocation strategy to match the company&#8217;s <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/01/43397182/whats-going-on-with-walgreens-shares-friday-2" rel="noreferrer noopener">broader long-term recovery efforts</a>.
Investors can gain exposure to the stock via Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEY#NASDAQ">PEY</a>) and Invesco S&amp;P 500 Equal Weight Consumer Staples ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSPS#NYSE">RSPS</a>).
Price Action: WBA shares are up 0.40% at $10.09 premarket at the last check Friday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43390001/feds-favorite-inflation-gauge-rises-as-predicted-consumer-spending-jumps-at-fastest-pace-in-9-months" target="_blank" rel="noreferrer noopener">Fed&#8217;s Favorite Inflation Gauge Rises As Predicted, Consumer Spending Jumps At Fastest Pace In 9 Months</a></li>
</ul>
Image via Shutterstock.

Mid Cap

RSPS

Walgreens Cashes In: Slashes Cencora Stake Again In Debt-Fighting Move

Newell Brands Sees Q1 Adjusted EPS Of ($0.09)-($0.06) Compared With Street View Of $0.02; Company Sees FY25 Adjusted EPS $0.70-$0.76 Compared With Street View $0.75

Needham analyst Mayank Tandon maintains Genpact (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/G#NYSE">G</a>) with a Buy and raises the price target from $55 to $65.

Needham Maintains Buy on Genpact, Raises Price Target to $65

Fortive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTV#NYSE">FTV</a>) just disclosed its Q4 earnings on Friday, February 7, 2025 at 07:30 AM.
Here's a brief overview of the earnings report.
<h3>Earnings</h3>
Fortive beat estimated earnings by 4.0%, reporting an EPS of $1.17 versus an estimate of $1.12.
Revenue was up $36.00 million from the same period last year.
<h3>Overview of Past Earnings</h3>
Last quarter the company beat on EPS by $0.04 which was followed by a 1.0% drop in the share price the next day.
Here's a look at Fortive's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.93</td>
<td>0.92</td>
<td>0.79</td>
<td>0.94</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.97</td>
<td>0.93</td>
<td>0.83</td>
<td>0.98</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>1.55B</td>
<td>1.57B</td>
<td>1.53B</td>
<td>1.56B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>1.53B</td>
<td>1.55B</td>
<td>1.52B</td>
<td>1.58B</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Fortive management provided guidance for Q1 2025, expecting earnings between $0.83 and $0.86 per share.
To track all earnings releases for Fortive <a href="https://www.benzinga.com/quote/FTV/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Fortive Q4 Earnings Assessment

On Friday, Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) announced interim results from the phase 3 FRONTIER3 trial of 70 children (aged 1-11 years old) with hemophilia A with and without inhibitors.
The <a target="_blank" href="https://www.novonordisk.com/content/nncorp/global/en/news-and-media/news-and-ir-materials/news-details.html?id=915260" rel="noreferrer noopener">trial</a> initially assessed once-weekly prophylaxis treatment (regular treatment to prevent prolonged and spontaneous bleeding) with investigational Mim8 before giving participants the option to change to once-monthly dosing after 26 weeks.
In part one of the FRONTIER3 study, participants received once-weekly doses of Mim8 for 26 weeks.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/02/43491991/novo-nordisk-records-more-than-double-wegovy-sales-in-q4-seeks-regulatory-approval-for-hybrid-weight-loss-drug-in-2026" rel="noreferrer noopener">Novo Nordisk Q4 Earnings: Wegovy Sales More Than Double, Seeks Regulatory Approval For Hybrid Weight Loss Drug In 2026</a>
In part two, participants could continue with once-weekly dosing or move to once-monthly dosing for the remaining 26 weeks.
<ul>
<li>The interim analysis reports results after part one of the study, with some preliminary data shared from part two, which continued following this analysis.</li>
<li>For part one of the study in children on once-weekly prophylaxis, the estimated mean (average) annualized bleeding rate (ABR) for treated bleeds was 0.53.</li>
</ul>
The median ABR was zero; 74.3% of participants had zero treated bleeds.
All children with hemophilia A with inhibitors (n=14) reported zero treated bleeds. After completing the initial 26 weeks of the study, 45% of participants moved to once-monthly Mim8, and the rest (55%) remained on the once-weekly dose.
The data showed that Mim8 was well-tolerated and efficacious.
Novo Nordisk expects Mim8 regulatory submission during 2025. Data from the ongoing phase 3 FRONTIER program will be disclosed at upcoming congresses and in publications in 2025 and 2026.
In May 2024, Novo Nordisk released headline results from the FRONTIER 2 Phase 3a trial of once-weekly and once-monthly subcutaneous Mim8 versus no prophylaxis and versus prior coagulation factor prophylaxis treatment in hemophilia A patients 12 years or older <a target="_blank" href="https://www.benzinga.com/general/biotech/24/05/38797768/novo-nordisks-hemophilia-candidate-can-prevent-bleeding-episodes-effectively-regardless-of-dosing" rel="noreferrer noopener">with or without inhibitors</a>.
The trial achieved its co-primary endpoints by demonstrating a statistically significant and superior reduction of treated bleeding episodes with both once-weekly and once-monthly Mim8 versus no prophylaxis treatment and prior coagulation factor prophylaxis treatment.
In June 2024,&nbsp;Novo Nordisk acquired the Hemophilia A program and rights to 2seventy Bio Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSVT#NASDAQ">TSVT</a>) in vivo gene editing technology outside of oncology and gene editing for autologous or allogeneic cell therapies of immune&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/24/06/39532373/novo-nordisk-buys-2seventys-hemophilia-a-program-divestiture-supports-exclusive-focus-on-abecma" rel="noreferrer noopener">cells for autoimmune disease</a>.
Price Action: NVO stock is down 2.33% at $89.20 during the premarket session on last check Friday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/43542288/block-poised-for-growth-in-2025-analyst-predicts-outperformance-and-possible-sp-500-spot" target="_blank" rel="noreferrer noopener">Block In The S&amp;P500? BofA Analyst Says Company Meets All Criteria</a></li>
</ul>
Photo via Shutterstock

Biotech

Health Care

General

TSVT

Novo Nordisk Eyes 2025 Regulatory Filing For Hemophilia Candidate After Encouraging Pediatric Study Data

The earnings results for Cboe Global Markets (BATS:<a class="ticker" href="https://www.benzinga.com/stock/CBOE#BATS">CBOE</a>) for Q4 were made public on Friday, February 7, 2025 at 07:30 AM.
Here's a comprehensive overview of the announcement.
<h3>Earnings</h3>
Cboe Global Markets missed estimated earnings by -1.0%, reporting an EPS of $2.1 versus an estimate of $2.12.
Revenue was up $25.50 million from the same period last year.
<h3>Past Earnings Performance</h3>
The company beat on EPS by $0.03 in the previous quarter, leading to a 2.0% drop share price change the next day.
Here's a look at Cboe Global Markets's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.19</td>
<td>2.10</td>
<td>2.04</td>
<td>2.03</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.22</td>
<td>2.15</td>
<td>2.15</td>
<td>2.06</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>530.76M</td>
<td>514.51M</td>
<td>504.80M</td>
<td>511.68M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>532.00M</td>
<td>513.80M</td>
<td>502.10M</td>
<td>499.00M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Cboe Global Markets <a href="https://www.benzinga.com/quote/CBOE/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CBOE

Cboe Global Markets Earnings Report: Q4 Overview

Rosenblatt analyst Mike Genovese maintains Extreme Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXTR#NASDAQ">EXTR</a>) with a Buy and maintains $22 price target.

EXTR

Rosenblatt Maintains Buy on Extreme Networks, Maintains $22 Price Target

Barrington Research analyst Michael Petusky maintains Haemonetics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAE#NYSE">HAE</a>) with a Outperform and lowers the price target from $108 to $95.

Barrington Research Maintains Outperform on Haemonetics, Lowers Price Target to $95

HC Wainwright &amp; Co. analyst Swayampakula Ramakanth reiterates Corcept Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORT#NASDAQ">CORT</a>) with a Buy and maintains $80 price target.

Reiteration

CORT

HC Wainwright & Co. Reiterates Buy on Corcept Therapeutics, Maintains $80 Price Target

Barrington Research analyst Alexander Paris maintains Perdoceo Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRDO#NASDAQ">PRDO</a>) with a Outperform and maintains $32 price target.

PRDO

Barrington Research Maintains Outperform on Perdoceo Education, Maintains $32 Price Target

Snap Inc&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) CEO, Evan Spiegel, has taken a playful jab at Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) for its history of mimicking Snapchat&#8217;s features in a way that seems to mock the social media giant.
What Happened: Spiegel updated his LinkedIn profile that now read, &#8220;Loving husband, father of four boys, VP Product @ Meta,&#8221; indicates a Fortune <a href="https://fortune.com/2025/02/06/snap-ceo-evan-spiegel-mocks-mark-zuckerberg-meta-copycat-features/">report</a>. This update is widely interpreted as a swipe at Meta&#8217;s penchant for copying Snapchat&#8217;s features.
Despite Mark Zuckerberg&#8216;s&nbsp;$3 billion acquisition offer in&nbsp;2013, Spiegel has staunchly upheld Snap&#8217;s independence. Meta, in turn, has launched features remarkably similar to Snapchat&#8217;s, including Instagram Stories, disappearing direct messages, and face-distorting filters.
Spiegel, in a 2018 conference, shared mixed feelings about Meta&#8217;s imitation, stating, &#8220;It was the best feeling to design something that is so simple and so elegant that the only thing competitors can do is copy it exactly.&#8221; 
He also humorously suggested that Meta should replicate Snapchat&#8217;s data protection practices.
SEE ALSO: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43527542/meta-stock-soars-but-zuckerbergs-cashing-in-should-investors-worry">Meta Stock Soars, But Zuckerberg&#8217;s Cashing In &#8211; Should Investors Worry?</a>
Why It Matters: A CNBC report in Jan indicated that Meta is providing incentives to creators to advertise Instagram on competing short-form video platforms like TikTok, Snapchat, and YouTube to gain a larger share. This move highlights the intense competition in the social media space, as platforms battle for the attention of millions of users while TikTok&#8217;s future remains uncertain.
Meanwhile, Snap has been grappling with its own challenges. Despite reporting a fourth-quarter <a href="https://www.benzinga.com/25/02/43504595/snap-falls-despite-q4-beat-as-analysts-remain-cautious-on-ad-growth-and-higher-expenses">earnings beat</a>, Snap&#8217;s shares fell as analysts expressed concerns over ad growth and higher expenses.
Last week, Meta announced its fourth-quarter results, surpassing expectations for both revenue and earnings, while reaffirming its commitment to significant AI-related investments.
Snap has a much smaller user base when compared to Meta, but it has posted impressive growth for the fourth quarter. Meta&#8217;s Family Daily Active People (DAP)&nbsp;grew 5.5% year-on-year to 3.35 billion, while Snap&#8217;s Daily Active Users increased 9% year-over-year to 453 million. 
<ul>
<li>READ ALSO: <a href="https://www.benzinga.com/markets/25/02/43552448/pinterests-gen-z-boom-engagement-hits-62-all-time-high-as-advertiser-clicks-surge-90heres-whats-driving-the-growth-for-this-meta-rival">Pinterest&#8217;s Gen Z Boom: Engagement Hits All-Time High As Advertiser Clicks Surge 90%—What&#8217;s Working For The Meta Rival</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Markets

Tech

SNAP

Evan Spiegel Takes A Shot At Mark Zuckerberg Over Meta Copying Snapchat's Features On Instagram And Facebook

Flowers Foods Sees FY25 Revenue Of $5.403B -$5.487B Vs. $5.22B Est; Adj EPS Of $1.11 - $1.24 Vs. $1.3 Est.

For the&nbsp;first quarter&nbsp;of 2025, Fortive anticipates revenue of&nbsp;$1.48 billion&nbsp;to&nbsp;$1.51 billion, diluted net earnings per share of&nbsp;$0.39&nbsp;to&nbsp;$0.42, and adjusted diluted net earnings per share of&nbsp;$0.83&nbsp;to&nbsp;$0.86.

Fortive Q1 Guidance: Expects Revenue Of ~$1.48B-$1.51B Vs. $1.565B Est.; Sees Adjusted EPS Between $$0.83-$0.86 Vs. $0.91 Est.

TransUnion&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRU#NYSE">TRU</a>) shares traded higher on Wednesday after reporting its <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/g41482849/transunion-announces-third-quarter-2024-results" rel="noreferrer noopener">third-quarter&nbsp;results</a>.



Revenue reached $1.085 billion, up 12% year-over-year (12% on a constant currency basis), beating the consensus of&nbsp;$1.06 billion.



Revenue from U.S. Markets reached $848 million, up 12% from the previous year, and International revenue rose 11% to $242 million in the quarter.



Adjusted EBITDA rose 11% to $394 million, with an adjusted EBITDA margin of 36.3%, slightly down from 36.8% in the year-ago quarter.



Adjusted EPS of $1.04 exceeded <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of $1.01</a>.



For the nine months ended September 30, 2024, operating cash flow came in at $579 million. Cash and cash equivalents totaled $643 million as of September-end.



Chris Cartwright, President and CEO, said, &#8220;U.S. Markets grew by double-digits against stable market conditions, driven by mortgage strength, improving non-mortgage financial services, accelerating insurance growth and large breach remediation wins. Our International segment delivered double-digit organic constant currency revenue growth across India, Latin America, Asia Pacific and Africa.&#8221;



&#8220;We continue to progress well against our transformation program. We now expect to capture $85 million of operating expense savings in 2024, driven by strong execution against our operating model optimization to expand our Global Capability Center network.&#8221;



Outlook: TransUnion raised its FY24 revenue outlook to $4.161 billion &#8211; $4.181 billion (from $4.098 billion &#8211; $4.138 billion) <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">versus the estimate of $4.143 billion</a>.



The company boosted adjusted EPS guidance to $3.87 &#8211; $3.93 (prior view: $3.78 &#8211; $3.90) versus the consensus of $3.87.



For the fourth quarter, TransUnion anticipates revenue of $1.014 billion &#8211; $1.034 billion versus an estimate of $1.017 billion and adjusted EPS of $0.92 &#8211; $0.98 compared to a consensus of $0.97.



Investors can gain exposure to the stock via&nbsp;VanEck ETF Trust VanEck Morningstar Wide Moat Growth ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/MGRO#BATS">MGRO</a>) and VanEck Morningstar ESG Moat ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/MOTE#BATS">MOTE</a>).



Price Action: TRU shares are up 6.37% at $112.52 at the last check Wednesday.



Photo via Shutterstock



Read Next:



<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41170208/heres-why-investors-should-retain-transunion-stock-for-now" target="_blank" rel="noreferrer noopener">Here&#8217;s Why Investors Should Retain TransUnion Stock for Now</a></li>
</ul>

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Latest news for VanEck Morningstar ESG Moat ETF (BATS:MOTE)

Wednesday, October 23, 2024

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