logo
New Strong Buy Stocks for June 9th

New Strong Buy Stocks for June 9th

Yahoo09-06-2025
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
The E.W. Scripps Company SSP: This media enterprise company has seen the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days.
E.W. Scripps Company (The) price-consensus-chart | E.W. Scripps Company (The) Quote
MYR Group Inc. MYRG: This electrical construction services company has seen the Zacks Consensus Estimate for its next year earnings increasing nearly 6% over the last 60 days.
MYR Group, Inc. price-consensus-chart | MYR Group, Inc. Quote
Swedbank AB (publ) SWDBY: This banking products and services has seen the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days.
Swedbank AB price-consensus-chart | Swedbank AB Quote
Postal Realty Trust, Inc. PSTL: This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.
Postal Realty Trust, Inc. price-consensus-chart | Postal Realty Trust, Inc. Quote
Peakstone Realty Trust PKST: This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 14.7% over the last 60 days.
Peakstone Realty Trust price-consensus-chart | Peakstone Realty Trust Quote
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
MYR Group, Inc. (MYRG) : Free Stock Analysis Report
E.W. Scripps Company (The) (SSP) : Free Stock Analysis Report
Swedbank AB (SWDBY) : Free Stock Analysis Report
Postal Realty Trust, Inc. (PSTL) : Free Stock Analysis Report
Peakstone Realty Trust (PKST) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Babcock & Wilcox Announces Results of Its Cash Tender Offers For Two Series of Notes
Babcock & Wilcox Announces Results of Its Cash Tender Offers For Two Series of Notes

Business Wire

timea few seconds ago

  • Business Wire

Babcock & Wilcox Announces Results of Its Cash Tender Offers For Two Series of Notes

AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ('B&W' or the 'Company') (NYSE: BW) announced today the expiration and results of its previously announced offers to purchase for cash (the 'Cash Offers') up to a maximum $70 million aggregate amount (the 'Offer Cap') of Tender Consideration (as defined below) of the Company's 8.125% Senior Notes due 2026 (the 'February 2026 Notes') and 6.50% Senior Notes due 2026 (the 'December 2026 Notes' and, together with the February 2026 Notes, the 'Notes'). The Cash Offers expired at 5:00 p.m., New York City time, on August 15, 2025 (the 'Expiration Time'). As of the Expiration Time, an aggregate principal amount of: (i) $109,021,800 of the February 2026 Notes were outstanding and an aggregate principal amount of $5,602,000 or approximately 5.14%, of the February 2026 Notes were validly tendered and not validly withdrawn; and (ii) $103,632,975 of the December 2026 Notes were outstanding and an aggregate principal amount of $2,693,100 or approximately 2.60%, of the December 2026 Notes were validly tendered and not validly withdrawn. The Company has accepted for payment all Notes validly tendered and not validly withdrawn prior to the Expiration Time pursuant to the settlement procedures described in the Offer to Purchase, dated June 5, 2025. Requests for documents relating to the Cash Offers may be directed to D.F. King & Co., Inc., the Tender Agent and Information Agent for the tender offer, at (800) 769-4414 (toll-free) or 212-269-5550 (collect). B. Riley Securities, Inc. acted as Dealer Manager for the Cash Offers. Questions regarding the Cash Offers may be directed to B. Riley Securities, Inc. by email at corporateactions@ or by calling toll-free at (833) 528-1067. This press release is not an offer to sell, or a solicitation of an offer to buy any of the securities described therein.

Next-Gen Bioremediation Technologies Revolutionize Environmental Cleanup
Next-Gen Bioremediation Technologies Revolutionize Environmental Cleanup

Time Business News

time13 minutes ago

  • Time Business News

Next-Gen Bioremediation Technologies Revolutionize Environmental Cleanup

Bioremediation is the process of using living organisms, such as germs, fungi, or plants, to make the environment clean and safe, to break or neutralize pollutants from soil, water and air. The bioremediation market is increasing due to increasing environmental concerns, strict government rules on pollution control, increasing industrial waste and demand for environmentally friendly and cost -effective cleaning methods. Increased awareness about progress and sustainable practices in biotechnology is moving forward in areas such as oil and gas, agriculture and waste water treatment. Key Growth Drivers and Opportunities Increasing Environmental Concerns: Increasing environmental concerns are driving the growth of the bioremediation market as governments, industries, and communities seek sustainable and eco-friendly solutions to combat pollution. With increasing awareness about industrial waste, oil spread, and contaminated soil and harmful effects of water, the demand for natural and less aggressive cleaning methods is increasing. Bioremediation provides an effective, cost-efficient and environmentally safe option for traditional therapeutic techniques, causing widespread adoption and market expansion in areas. Challenges The bioremediation market faces limitations such as microbial or slow speed of plant-based cleanup processes, which may not be suitable for emergency or large-scale contamination. Effectiveness may be unexpectedly due to the presence of toxins that disrupt microbial activity such as temperature, pH, and toxins. Additionally, bioremediation is often limited to specific types of pollutants and may require a wider site monitoring. Using genetically modified organisms (GMOs) can cause regulatory approval and widely adopting public skepticism. Innovation and Expansion The New Glyphosate Bioremediation Solution Revealed by Ancient Organics In May 2023, PaleoPower will go on sale, according to Ancient Organics Bioscience, Inc., an agricultural technology firm that creates its own line of plant and soil probiotics. The only substance that is known to decompose glyphosate contamination in soil naturally is PaleoPower. A group of helpful microbes called PaleoPower breaks down glyphosate. The active component of Roundup and other popular glyphosate-based herbicides is glyphosate. PaleoPower decreased soil glyphosate levels by more than 80% during 90 days of treatment and by more than 90% within 180 days of application in controlled tests. An Innovative Approach to Address Acid Mine Drainage in Northeast Coal Mines IIT Guwahati Develops In June 2022, The Indian Institute of Technology Guwahati A study on the 'bioremediation' of Acid Mine Drainage (AMD) in Constructed Wetlands has been conducted by researchers using coal mines. This is the first research to show how constructed wetlands may be used to bioremediate AMD from the Northeastern Coalfields (NEC). The term 'acid mine drainage' describes the acidic wastewater produced by coal mines (or any polymetallic mine) that contains significant levels of iron, sulfate, and other hazardous heavy metals. This study addresses the long-term operational sustainability concerns that arise in constructed wetlands that receive AMD while offering an effective sustainable treatment method to reduce AMD contamination. To further comprehend the operation of several basic processes that co-occur in constructed wetlands, a biochemical mechanism has been established. Inventive Sparks, Expanding Markets Major development strategies for bioremediation companies include investing in advanced microbial and genetic technologies, expanding applications in industries such as agriculture, oil and gas and waste water, forming partnership with environmental agencies and focusing on permanent, low -cost solutions. Companies aim to increase operations through government cooperations and regulatory approval by increasing R&D for targeted and rapid therapeutic methods. About Author: Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business. TIME BUSINESS NEWS

The PNC Financial Services Group (PNC) Down 0.7% Since Last Earnings Report: Can It Rebound?
The PNC Financial Services Group (PNC) Down 0.7% Since Last Earnings Report: Can It Rebound?

Yahoo

time36 minutes ago

  • Yahoo

The PNC Financial Services Group (PNC) Down 0.7% Since Last Earnings Report: Can It Rebound?

A month has gone by since the last earnings report for The PNC Financial Services Group, Inc (PNC). Shares have lost about 0.7% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is The PNC Financial Services Group due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for The PNC Financial Services Group, Inc before we dive into how investors and analysts have reacted as of late. PNC Financial Q2 Earnings Beat Estimates on NII & Loan Growth PNC Financial second-quarter 2025 adjusted earnings per share (EPS) of $3.85 surpassed the Zacks Consensus Estimate of $3.56. In the prior-year quarter, the company reported EPS of $3.39. Results were aided by a rise in NII and the loan balance. However, a decline in fee income and an increase in expenses, along with a rise in provision for credit losses, acted as spoilsports. Net income (GAAP basis) was $1.64 billion, which jumped 11.2% from the prior-year quarter. Revenues & Expenses Rise Y/Y Total quarterly revenues were $5.66 billion, up 4.6% year over year. The top line surpassed the Zacks Consensus Estimate by 0.7%. NII was $3.55 billion, which rose 7.7% from the year-ago quarter. The net interest margin (NIM) increased 20 basis points to 2.80%. Non-interest income slightly decreased year over year to $2.1 billion. The decrease was driven by lower residential and commercial mortgage income, along with a decline in other non-interest income. Non-interest expenses totaled $3.38 billion, which rose marginally from the year-ago figure. The efficiency ratio was 60% compared with 62% in the year-ago quarter. A fall in the efficiency ratio reflects increased profitability. Loan and Deposit Balance Rises As of June 30, 2025, total loans were $326.3 billion, which increased 2.3% on a sequential basis. Further, total deposits increased by nearly 1% from the end of the previous quarter to $426.7 billion. Credit Quality: Mixed Bag Non-performing loans fell 15.8% year over year to $2.1 billion. Further, net loan charge-offs were $198 million, which declined 24.4% year over year. The company reported a provision for credit losses of $254 million in the second quarter, which surged 8.1% from the year-earlier quarter. The allowance for credit losses decreased 1.3% to $5.3 billion. Capital Position & Profitability Ratios Improve As of June 30, 2025, the Basel III common equity tier 1 capital ratio was 10.5% compared with 10.2% as of June 30, 2024. Return on average assets and average common shareholders' equity were 1.17% and 12.20%, respectively, compared with 1.05% and 12.16% witnessed in the prior-year quarter. Capital Distribution Activity In the second quarter of 2025, PNC Financial returned $1 billion of capital to shareholders. This included $0.6 billion in common stock dividends and more than $0.3 billion in common share repurchases. Outlook Q3 2025 The company expects average loans to rise 1% from the second quarter's reported figure of $322.8 anticipates NII to rise 3% from the $3.6 billion reported in the second quarter of income is expected to rise 3-4% from the second-quarter 2025 reported figure of $1.9 anticipates total revenues to increase 2-3% from $5.7 billion in the second quarter of non-interest income is projected between $150 million and $200 million compared with the $212 million reported in the second quarter of non-interest expenses are expected to rise 2% from the $3.4 billion reported in the second quarter of charge-offs are estimated to be $2275-$300 million compared with the second-quarter 2025 reported figure of $198 million. 2025 Average loans are expected to rise 1% to $319.8 billion from that reported in is expected to rise 7% from the 2024 reported income (excluding visa gain and securities losses) is projected to rise 4-5% from the $8.1 billion reported in 2024. Management suggests revenues to rise 6% from the $21.6 billion reported in 2024. Adjusted non-interest expenses (excluding FDIC special assessment and PNC foundation contribution expenses) are forecast to rise 1% from the $13.52 billion reported in 2024. The effective tax rate is estimated to be 19%, whereas the company reported 17.8% in 2024. How Have Estimates Been Moving Since Then? Since the earnings release, investors have witnessed a upward trend in estimates revision. VGM Scores Currently, The PNC Financial Services Group has a poor Growth Score of F, however its Momentum Score is doing a lot better with a C. Following the exact same course, the stock was allocated a score of C on the value side, putting it in the middle 20% for value investors. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Notably, The PNC Financial Services Group has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The PNC Financial Services Group, Inc (PNC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store