Latest news with #AcademicAll-American
Miami Herald
30-07-2025
- Business
- Miami Herald
Veteran trader reboots SoFi stock price target after earnings
If you played college football 30-odd years ago, Anthony Noto was probably one of the last men you wanted to see heading your way. And if he hit you hard enough, he was probably was the last man you saw. At least for a little while. While at West Point, Noto was a star linebacker on the U.S. military academy's football team and he earned All East Linebacker and Academic All-American titles and received the Toyota Leadership Award in the 1990 Army-Navy Game. Don't miss the move: Subscribe to TheStreet's free daily newsletter He led the team with 129 tackles and still ranks in the top 15 all-time Army single season tackles, and ranked third in the record books for caused fumbles in a season-including a single game high of 24 tackles in a win against Vanderbilt. After football, Noto went on to tackle the business world, a career path that included stints at Goldman Sachs, the National Football League and Twitter-before Tesla (TSLA) CEO Elon Musk X'ed it up. Noto is now the CEO of SoFi Technologies (SOFI) , which beat Wall Street's second-quarter earnings forecasts and raised its full year revenue outlook. "Our success in the second quarter is clear validation of our strategy and execution," the fintech's chief executive said during the company's earnings call. "And, as you can see, we are just scratching the surface of the tremendous opportunities for growth that exist across each of our products and segments." More Tech Stocks: Analyst who correctly predicted Rocket Lab stock surge resets forecastVerizon Q2 earnings report surprises with remarks on tax reformFund manager who forecast Nvidia stock rally reboots outlook An incredible resume, to be sure, but TheStreet Pro's Stephen Guilfoyle knew Noto was exceptional way back when he saw him back on the gridiron. "I told you this guy was good years ago," he wrote, quoting himself in his latest column. "I saw him play college ball for Army. He made literally every tackle." SoFi's stock has been storming down the field for quite a while with shares up nearly 213% from a year ago. The stock was climbing 9% at last check. Looking at the results, the San Francisco-based SoFi earned 8 cents with net adjusted revenue up 44% to $858 million. "These numbers all easily beat expectations, with EPS comparing quite nicely to $0.01 for the year-ago period, while reflecting year-over-year revenue growth of 43% (GAAP) or 44% (adjusted)," Guilfoyle said, describing SoFi as a "longtime Sarge-fave and core 'Stocks Under $10' holding. William Blair, which kept an outperform rating on the stock, said Wall Street is only starting to appreciate the extent and speed of the company's "disruptive" digital banking offerings. The firm said that it believes traditional banks will "rapidly" lose market share to SoFi as the company expands its savings, spending, lending, investing, and advice offerings "We feel great about the business," Noto told analysts. "It's operating in all cylinders. The results show that. Our outlook shows that for 2025. I think our biggest challenge beyond 2025 quite frankly is deciding what not to do." For the full year, SoFi now expects to generate adjusted net revenue of about $3.375 billion, Guilfoyle said, up from its prior guidance of $3.235 billion to $3.31 billion "and well above the $3.29 billion that Wall Street had in mind." "SoFi made waves in June when the firm announced that it would return to the world of cryptocurrency, reversing a decision to exit that market in 2023," he noted. Related: Veteran trader has blunt words for SoFi's latest move Noto told analysts that "we are at an unprecedented point in time with two technology supercycles taking place." "We are excited to once again be able to provide members with the ability to buy, sell and hold a selection of cryptocurrencies like Bitcoin and Ethereum," he said. "In a recent survey of our members who invest in crypto, we found that 60% would prefer to work with a nationally licensed bank like SoFi over their current primary crypto exchange." In addition, Noto said SoFi is also making use of artificial intelligence. "We're implementing and testing AI applications across our business from enhancing back office processes like dispute resolution and filing suspicious activity reports to improving how we interact with our members to help them get their money right and we brought on teams of engineers to drive these efforts forward," he said. In reviewing SoFi's stock chart, Guilfoyle said relative strength remains quite robust but has come out of a technically overbought condition. "Last week's high of $22.74 now becomes the pivot," he said referring to the price level calculated from the previous trading day's high, low, and closing prices. Guilfoyle raise his price target for SoFi Technologies to $29 from $26. "I use dollars and cents for low-priced stocks," he said. "SoFi is no longer a low-priced stock; hence we just use dollars, making $23 the new pivot for me. Already the high price target price on Wall Street, we are increasing our target further this morning." Related: Veteran fund manager who forecast S&P 500 crash unveils surprising update The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
08-05-2025
- Sport
- Yahoo
EA Sports Reacts to Colorado's Travis Hunter Announcement
After two impressive years with the Colorado Buffaloes, Travis Hunter is set to start the next chapter of his career with the Jacksonville Jaguars in 2025. Hunter was selected with the No. 2 overall pick in the 2025 NFL draft by the Jaguars after the team pulled off a blockbuster trade to move up to the selection with the Cleveland Browns. Now, he's going to be a massive cornerstone piece of helping Jacksonville get back into the playoffs. Advertisement Following a dynamic 2024 season on both sides of the football that ended in a Heisman Trophy, Hunter is ready for the challenge ahead of him. On Thursday, Colorado made a major announcement about Hunter. He has officially earned and received his college degree. After the Buffaloes' announcement, EA Sports reacted to the news with a congratulatory post of their own. "Let's go!! Congrats @TravisHunterJr," the post read. There is no question that Hunter has dominant on the field, but some may not know how seriously he took college as well. He earned Academic All-American first-team honors in both of his years at Colorado. Jacksonville Jaguars first-round pick Travis Hunter.© Kirby Lee-Imagn Images On the field, Hunter continued being one of the best players in the nation. In 2024, he caught 96 passes for 1,258 yards and 15 touchdowns as a wide receiver. He played well defensively as a cornerback too, racking up 35 total tackles to go along with a forced fumble, four interceptions, and 11 defended passes. Advertisement Heading into the 2025 NFL season, Hunter will likely have a role on both sides of the football for the Jaguars. For now, it's his time to celebrate finishing college and earning his degree. Related: Insider Hints a Shedeur Sanders Trade Could Be In Play for Browns
USA Today
14-04-2025
- General
- USA Today
Karenna Groff, former MIT soccer star, killed in plane crash
Karenna Groff, former MIT soccer star, killed in plane crash Show Caption Hide Caption Six people 'removed from scene' of plane crash in upstate NY Officials confirm that six people were 'removed from the scene' of a plane crash site in upstate New York. The 2022 NCAA woman of the year was one of six people who died in a plane crash Saturday in upstate New York. Former MIT soccer player Karenna Groff died when the twin-engine plane crashed in Copake, New York, killing everyone on board – including members of her family – according to officials and family members who spoke to the New York Times and the Associated Press. The Mitsubishi MU-2B was headed to Columbia County Airport in Hudson, New York, when it crashed into an open field about 20 miles southeast of the airport. The incident is under investigation by the FAA and the National Transportation Safety Board. Who was Karenna Groff? A native of Weston, Massachusetts, Groff was a Division III All-American soccer player at MIT while studying biomedical engineering. During the COVID-19 pandemic, she co-founded a company that helped create a new design of masks for essential workers. For her on- and off-field accomplishments, Groff received the prestigious NCAA woman of the year award. "Really, this recognition is a testament to my MIT women's soccer family and all of the guidance, support and friendship they have provided for me over the years," she said in a 2023 interview. At MIT, Groff was a three-time all-conference forward and was the second-leading scorer in school history. A two-time team captain, she tied the school record with four goals in one game against Worcester State in 2019 and ranks second on MIT's career goals list with 50. She was also a first-team Academic All-American in 2021 and second team in 2020 and 2022. In addition to being named NCAA woman of the year for 2022, she was a previous nominee for the award in 2021. The USA TODAY app gets you to the heart of the news — fast. Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.
Yahoo
02-04-2025
- Politics
- Yahoo
Republicans approve Trump's unfortunate choice for U.S. ambassador to NATO
The United States' role in the NATO alliance has never been as precarious as it is now. In fact, it was earlier this month when Donald Trump declared that that the U.S. would not defend NATO member nations against an attack if those countries had not met defense spending benchmarks. With this in mind, the next U.S. ambassador to NATO will need to be highly skilled, mindful of history, sensitive to international relationships and adept at maintaining strained partnerships. So who, pray tell, will be that next ambassador? The Associated Press reported: The Senate confirmed Matt Whitaker late Tuesday as President Donald Trump's U.S. ambassador to NATO, a crucial emissary to the Western alliance at a time of growing concern about the American commitment abroad. Whitaker, who had served in Trump's first administration at the Justice Department, brings a law enforcement background rather than deep foreign policy or national security ties. He was confirmed by the Senate on a vote of 52-45. Though a few senators missed the vote, Whitaker, who said during his confirmation hearings that the administration's support for NATO would be 'ironclad,' was confirmed entirely by Republican senators. It's easy to imagine some of those GOP senators, at least privately, coming to regret the move sometime fairly soon. Whitaker will represent the U.S. despite having literally no background in diplomacy, international affairs, foreign policy, national security, military policy or NATO. He did, however, play college football at the University of Iowa and later claimed that he was an Academic All-American — despite the fact that he was not an Academic All-American. He also helped lead an odd marketing business that was the subject of an FBI criminal investigation and that was accused of being a 'scam' operation before ultimately being shut down. I should mention that Whitaker does have a background in law enforcement, including work as a U.S. attorney in George W. Bush's administration, when Whitaker became well known for his legal pursuit of Iowa's first openly gay state legislator, whom Whitaker tried and failed to prosecute. He was able to parlay this into a role as a legal commentator, which included making public criticisms of then-special counsel Robert Mueller's investigation, which naturally led Trump to make him chief of staff to the attorney general — where he reportedly advised the Trump White House on going after Hillary Clinton. Eventually, Trump made Whitaker acting attorney general in late 2018 and early 2019, which proved to be a bit of a problem when the president told reporters, 'I don't know Matt Whitaker.' All of this and more was fleshed out in detail in a Rachel Maddow Show 'Public Servant Announcement,' released shortly before Trump was sworn in for a second term. This article was originally published on
Associated Press
14-03-2025
- Business
- Associated Press
Heritage Global Capital Appoints Anastasia Suda Executive Managing Director to Lead Specialty Lending Division
Heritage Global Capital ('HGC'), a subsidiary of Heritage Global Inc. (Nasdaq: HGBL), specializing in flexible funding structures for the Accounts Receivable Management 'ARM' industry, today announced the appointment of Anastasia Suda as Executive Managing Director, to lead the Company's specialty lending division. Anastasia Suda joined HGC in 2021 as Finance Manager and has over 22 years of experience in financial market research, corporate governance, and strategic decision-making. A seasoned leader, she has a strong track record of driving operational excellence and fostering collaboration across multiple teams. Prior to joining HGC, she had a distinguished career at S&P Global Market Intelligence from 2002 to 2020 and played a key role in evaluating, extracting, and standardizing corporate financial data for S&P 500 and international companies. She also facilitated coordination of data content policies and operations between S&P Capital IQ, S&P Dow Jones Indices, and Morgan Stanley Capital International. Ms. Suda graduated with distinction from the University of Colorado with a degree in finance. While pursuing her studies, she achieved recognition as both an NCAA All-American in the 10,000 meters and as an NCAA Academic All-American. 'Anna has the unique blend of analytical, communication, and leadership skills necessary to drive the continued development and growth of HGC,' said Dave Ludwig, President of Heritage Global Inc.'s Financial Assets division. 'She is the ideal leader for our specialty lending division, and we are excited to have her spearhead our future initiatives.' 'Anna's extensive experience in financial analytics and her proven leadership make her an invaluable asset to Heritage Global Capital,' said Ross Dove, CEO of Heritage Global Inc. 'Her appointment as Executive Managing Director aligns with our commitment to innovation and excellence in providing asset-based capital solutions. We are confident that under her leadership, our specialty lending division will thrive and deliver exceptional value to our clients.' 'I am honored to take on the role of Executive Managing Director at Heritage Global Capital,' said Anastasia Suda. 'Having been part of this dynamic team since 2021, I have seen our team's dedication to delivering flexible and creative funding solutions. I look forward to leading our specialty lending division and building upon our successes to further serve our clients' diverse financial needs.' About Heritage Global Capital Heritage Global Capital ('HGC') operates under the Financial Assets business unit and provides flexible funding structures for all asset classes while specializing in buyers acquiring financial portfolios. A customized one-stop credit solution strategized to deliver cost-effective debt capital, HGC lends to companies across a variety of asset classes and thrives on providing creative solutions to companies with non-traditional business models. About Heritage Global Inc. Heritage Global Inc. (NASDAQ: HGBL) values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. This aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets. Specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, charged-off account receivable portfolios, through its two business units: Industrial Assets and Financial Assets. Forward-Looking Statements This communication includes forward-looking statements based on our current expectations and projections about future events. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this communication are based on knowledge of the environment in which the Company currently operates and are subject to change based on various important factors, including variability in magnitude and timing of asset liquidation transactions, the impact of changes in the U.S. national and global economies, interest rate and foreign exchange rate sensitivity, as well as other factors beyond the Company's control. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see our filings with the Securities and Exchange Commission. 203/972.9200 SOURCE: Heritage Global Inc. Copyright Business Wire 2025. PUB: 03/14/2025 09:30 AM/DISC: 03/14/2025 09:32 AM
