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22 minutes ago
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UPS: Q2 Earnings Snapshot
ATLANTA (AP) — ATLANTA (AP) — United Parcel Service Inc. (UPS) on Tuesday reported second-quarter net income of $1.28 billion. On a per-share basis, the Atlanta-based company said it had net income of $1.51. Earnings, adjusted for non-recurring costs, were $1.55 per share. The results did not meet Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.56 per share. The package delivery service posted revenue of $21.22 billion in the period, surpassing Street forecasts. Nine analysts surveyed by Zacks expected $20.85 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on UPS at 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
22 minutes ago
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Vena Recognized as a Leader With Outstanding Overall Rating in 2025–2026 Performance Management Vendor Landscape Matrix from BPM Partners
Vena leading the pack in budgeting and planning and overall customer satisfaction with strong performance in six other categories TORONTO, July 29, 2025--(BUSINESS WIRE)--Vena, the only Complete FP&A platform powered by agentic AI and purpose-built to fully amplify the Microsoft technology ecosystem, today shared its eight total Outstanding and Excellent rankings in the new 2025–2026 Performance Management Vendor Landscape Matrix (VLM) produced by BPM Partners, the leading independent authority on business performance management. Vena was ranked as an all-around Outstanding provider, the highest possible ranking, with a score of 4.69 out of 5, signaling its ongoing success in providing customers with a holistic financial planning solution that meets their needs. In addition to its overall ranking, Vena was a Top-rated provider in the Budgeting and Planning and Customer Support categories with scores of 4.85 and 4.62 respectively, well above competitors in both categories. The company also earned Excellent rankings in the following five categories: Performance and Scalability, Financial Reporting, Financial Consolidation, Finance Self-Sufficiency and Ease of Use. The VLM found Vena's key strengths to be its intuitive interface, the platform's flexibility, the low total cost of ownership and its integrated business planning and AI-powered capabilities. In BPM's report, 73% of survey respondents ranked the use of AI in CPM as either important or very important, showcasing Vena's future-forward focus and emphasis on providing customers solutions that integrate with the platforms they already know and trust. Vena is leading the way in FP&A with its agentic AI deployments and integrations, including industry-first reporting and analytics agents as well as Vena Copilot for Microsoft Teams, an integration that brings these powerful tools directly into business workflows and collaborations. "Our VLM score jumped from 4.54 last year to 4.69 this year—concrete proof that Vena's AI-powered, customer-oriented approach is resonating more than ever with customers around the world," said Hugh Cumming, CTO of Vena. "We are particularly honored by the continued recognition for our integration capabilities. During times of volatility, a business needs better information flow and increased agility. Vena's integration and AI features help finance teams make more strategic decisions faster." Finance teams are facing more pressure to provide fast and accurate information, reflected in 67% of VLM respondents saying pre-built templates were important or very important to them when evaluating a vendor's platform. In addition to its native integration with the Microsoft technology ecosystem, Vena offers a quick startup time and easy adoption no matter the industry, thanks to its robust library of 50+ pre-built templates that include everything from Power BI dashboards to employee growth kits. "The VLM is an invaluable tool for anyone looking to purchase, upgrade or replace a performance management system," said Craig Schiff, President and CEO of BPM Partners. "We currently track more than 50 vendors that provide software to address one or more aspects of business performance management and related business intelligence. Only the most active vendors competing for and successfully delivering BPM solutions are included in the VLM report, and Vena is certainly making its mark." From high-growth startups to global enterprises, finance and operations teams are turning to Vena to unify their planning in a single platform that's fast to deploy, flexible to use and powered by the tools finance teams already trust—Excel, Power BI, Teams and more. With agentic AI, real-time analytics and a seamless Microsoft-native user experience, Vena empowers finance leaders to go beyond the numbers and make confident, insight-driven decisions that move their business forward. To learn how companies are planning with confidence using Vena, visit our Customer Stories. To download a copy of the 2025–2026 Performance Management Vendor Landscape Matrix (VLM) report produced by BPM Partners, click here. About Vena Vena is the only agentic AI-powered FP&A platform purpose-built to harness the full power of the Microsoft technology ecosystem for finance teams everywhere. Vena amplifies Microsoft's world-leading productivity tools, cloud technology and AI innovation to make FP&A, operational planning and adjacent strategic processes more flexible, efficient and intelligent. Thousands of the world's leading companies rely on Vena to power their planning. For more information, visit View source version on Contacts Media Contact: For immediate inquiries or more details regarding our latest business news, please contact:Jonathan PaulVice President, Content Marketingjpaul@
Yahoo
22 minutes ago
- Yahoo
HELOC rates today, July 29, 2025: Rates remain steady ahead of this week's Fed meeting
The HELOC interest rate remains steady; however, rates vary depending on where you live, so comparing lender offers remains important. Home equity line of credit interest rates are waiting for a Federal Reserve interest rate cut, which is not expected to be announced following Wednesday's meeting. The latest Wall Street prediction is a possible rate cut in September. However, the best HELOC lenders will offer low, introductory rates lasting from six months to one year. Now, let's check today's HELOC rate. Dig deeper: HELOC vs. home equity loan: Tapping your equity without refinancing This embedded content is not available in your region. HELOC rates Tuesday, July 29, 2025 According to Bank of America, the largest HELOC lender in the country, today's average APR on a 10-year draw HELOC is 8.72%. That is a variable rate that kicks in after a six-month introductory APR, which is 6.49% in most parts of the country. The national HELOC rate spread runs from a low of 8.05% APR to a high of 9.59%. Homeowners have a staggering amount of value tied up in their houses — more than $34 trillion at the end of 2024, according to the Federal Reserve. That's the third-largest amount of home equity on record. With mortgage rates lingering in the high 6% range, homeowners are not likely to let go of their primary mortgage anytime soon, so selling the house may not be an option. Why let go of your 5%, 4% — or even 3% mortgage? Accessing some of the value locked into your house with a use-it-as-you-need-it HELOC can be an excellent alternative. How lenders determine HELOC interest rates HELOC interest rates are different from primary mortgage rates. Second mortgage rates are based on an index rate plus a margin. That index is often the prime rate, which today is 7.50%. If a lender added 1% as a margin, the HELOC would have a rate of 8.50%. Lenders have flexibility with pricing on a second mortgage product, such as a HELOC or home equity loan, so it pays to shop. Your rate will depend on your credit score, the amount of debt you carry, and the amount of your credit line compared to the value of your home. And average national HELOC rates can include "introductory" rates that may only last for six months or one year. After that, your interest rate will become adjustable, likely beginning at a substantially higher rate. Up Next Up Next How a HELOC works You don't have to give up your low-rate mortgage to access the equity in your home. Keep your primary mortgage and consider a second mortgage, such as a home equity line of credit. The best HELOC lenders offer low fees, a fixed-rate option, and generous credit lines. A HELOC allows you to easily use your home equity in any way and in any amount you choose, up to your credit line limit. Pull some out; pay it back. Repeat. Meanwhile, you're paying down your low-interest-rate primary mortgage like the wealth-building machine you are. This embedded content is not available in your region. Look for introductory rates, but be aware of a rate adjustment later Today, FourLeaf Credit Union is offering a HELOC rate of 6.49% for 12 months on lines up to $500,000. That's an introductory rate that will convert to a variable rate later. When shopping lenders, be aware of both rates. And as always, compare fees, repayment terms, and the minimum draw amount. The draw is the amount of money a lender requires you to initially take from your equity. The power of a HELOC is tapping only what you need and leaving some of your line of credit available for future needs. You don't pay interest on what you don't borrow. HELOC rates today: FAQs What is a good interest rate on a HELOC right now? Rates vary so much from one lender to the next that it's hard to pin down a magic number. You may see rates from nearly 7% to as much as 18%. It really depends on your creditworthiness and how diligent a shopper you are. Is it a good idea to get a HELOC right now? For homeowners with low primary mortgage rates and a chunk of equity in their house, it's probably one of the best times to get a HELOC. You don't give up that great mortgage rate, and you can use the cash drawn from your equity for things like home improvements, repairs, and upgrades. Of course, you can use a HELOC for fun things too, like a vacation — if you have the discipline to pay it off promptly. A vacation is likely not worth taking on long-term debt. What is the monthly payment on a $50,000 home equity line of credit? If you take out the full $50,000 from a line of credit on a $400,000 home, your payment may be around $395 per month with a variable interest rate beginning at 8.75%. That's for a HELOC with a 10-year draw period and a 20-year repayment period. That sounds good, but remember, it winds up being a 30-year loan. HELOCs are best if you borrow and pay back the balance in a much shorter period of time.
