Latest news with #CNC
Yahoo
3 days ago
- Business
- Yahoo
Centene (CNC) Falls 11.1% on Investor Caution Ahead of Q2
We recently published Centene Corporation (NYSE:CNC) is one of this week's top performers. Centene fell by 11.1 percent week-on-week, from $31.44 on July 11 to $27.95 last Friday—a new all-time low, as investors turned cautious ahead of its second quarter earnings results, further dampened by one of its peers' dismal earnings performance. During the week, its fellow insurer Elevance Health, reported a 24.2-percent drop in net income during the second quarter of the year and updated its outlook to reflect elevated medical cost trends under the Affordable Care Act and slower rate alignment in Medicaid, both of which are also being offered by Centene Corporation (NYSE:CNC). Last month, Centene Corporation (NYSE:CNC) withdrew its 2025 earnings forecast due to an expected slump in its revenues from commercial plans under the ACA or Obamacare. The withdrawal triggered a review from credit ratings issuer S&P Global Ratings, saying that it is likely to set the company's status to 'junk.' A doctor holding a clipboard in a hospital ward, discussing patient treatment plan with the nurses. 'With the removal of earnings guidance, we have less immediate clarity and confidence on the company's capital adequacy trajectory, as well as the overall strength of its business and execution capabilities,' S&P said. While we acknowledge the potential of CNC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . 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
CBC
6 days ago
- CBC
B.C. college warns students of data breach. Cybersecurity experts warn of wider problems
Social Sharing Students at the College of New Caledonia (CNC) in Prince George may have had their personal information compromised in a months-long data breach. Cybersecurity experts say it is emblematic of wider cybersecurity problems within educational institutions that can pose serious risks to students' personal information. In a letter sent to students in July, the college says that on March 5, 2025, they learned an unauthorized individual gained access to their online systems, but the individual may have had access to this information on or before Oct. 31, 2024. The college says that as soon as it learned of the breach, it immediately engaged a team of security experts, including legal counsel, to secure systems and conduct a full investigation into the cause and scope of the incident. CBC News has asked the college for clarification on when it discovered personal data had been breached and how long it took for students to be notified. The college's communications department says it is putting together a timeline in consultation with an outside firm it has engaged to help manage the breach. The letter says the breach may have involved information that includes students' names, phone numbers, College of New Caledonia account usernames and cleartext and hashed passwords, student IDs and email addresses. "This incident demonstrates how even small leaks from academic institutions can have long-lasting effects," said cybersecurity researcher Bob Diachenko. WATCH | Tips on protecting yourself online: 5 tips to improve your cyber security 9 years ago He says five months of potential exposure increases the likelihood of undetected malicious activity, and that storing cleartext passwords, where the password is not encrypted and is therefore easily readable, is unacceptable in modern cybersecurity. The college says it notified the RCMP and the B.C. privacy commissioner on July 7 and immediately engaged a team of security experts, including legal counsel, to secure systems and conduct a full investigation into the cause and scope of the incident. But researchers in the field of cybersecurity say that may not be enough, and educational institutions need to take better measures to protect student data. Educational sector a prime target for cyber attacks Claudiu Popa, the co-founder of Canada's Cyber Safety Foundation, says the educational sector is one of the most targeted in Canada. "They aggregate a lot of very juicy and valuable personal information on students, on people who will be around for decades, on individuals who are going to be participating in the economy, and that is very valuable." Popa says email addresses are one of the most valuable things that can be stolen or leaked, as educational institutions often store separate email addresses where they can alternatively contact students. "In those cases, that's very valuable because it can be used for identity theft, phishing, impersonation, intimidation, extortion, and a variety of things." He also advises students to file their own report with the privacy commissioner to ensure that their information is recorded and they get updates on the breach. CNC is providing students with one full year of free credit monitoring services and identity protection services from TransUnion Canada and myTrueIdentity. The college says it has no evidence any information was misused, but is warning students to be vigilant for any potential signs of identity fraud and suspicious activity on their accounts. However, Popa says most cyber criminals don't even bother using the data in the first year, as cellphone numbers and email addresses typically don't change over time. "It's a cool-down period. It's like when car thieves will drive away in a car, they will park it in a lot and leave it there for three, four or five days." He says on average, it takes 287 days to detect a data breach and an additional 45 days to clean it up, but many data breaches at educational institutions fly under the radar. "Hackers typically break in so easily into educational institutions that they rarely leave a trace, so most data breaches and security incidents we never hear about. Sometimes you hear about it if you are a student at that institution, but for the most part, they don't even get publicly reported." The college says it has taken steps to prevent a similar event from occurring in the future by continuing to improve its information security technology and practices and enhancing training. CNC says the incident had no impact on operations, and classes continue unaffected for students and employees. They did not answer questions about how many students were impacted or the costs associated with managing the breach.
Business Wire
17-07-2025
- Business
- Business Wire
Lattice and Mitsubishi Electric Collaborate to Deliver Next-Gen Industrial Automation Experiences
HILLSBORO, Ore.--(BUSINESS WIRE)-- Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced its low power Lattice CertusPro™-NX FPGAs now enable Mitsubishi Electric 's Computerized Numerical Controller (CNC) solutions to bring power efficient and reliable factory automation experiences. This collaboration was announced at the Lattice APAC Tech Summit in Tokyo, where Mitsubishi Electric participated as a guest keynote speaker. Hosted today, Lattice APAC Tech Summit showcased the company's latest low power FPGA technology with industry leaders including Mitsubishi Electric, Desay, Furukawa AS, Glory LTD, LIPS, and NXP alongside more than 150 customers and partners in the APAC region. Mitsubishi Electric's industry-leading CNC solutions leverage the cutting-edge interface bridging capabilities of Lattice CertusPro-NX FPGAs to create high accuracy, adaptability, and efficient real-time processing. These features are ideal for a variety of Industrial applications, including machine building, Automotive, and electronics. "We are excited to collaborate with Mitsubishi Electric to enhance their CNC solutions and provide improved precision and efficiency in their manufacturing processes,' said Takahiro Mitsuya, VP of Japan Sales, Lattice Semiconductor. 'Together, we are delivering advanced factory automation experiences with our FPGA solutions that offer class-leading power efficiency, system bandwidth, reliability, and smallest-in-class form factor, helping manufacturers stay competitive in a rapidly evolving industry." "By integrating Lattice's innovative low power FPGA technology, known for its high-speed processing and real-time feedback capabilities, with Mitsubishi Electric's robust CNC systems, we are poised to deliver unparalleled performance and reliability to our customers, driving the future of smart manufacturing," said Yutatsu Kanemoto, Sr. Manager of NC Hardware System Section, Mitsubishi Electric Corporation. For more information on the technology mentioned, please visit: Lattice CertusPro-NX FPGAs About Lattice Semiconductor Lattice Semiconductor (NASDAQ: LSCC) is the low power programmable leader. We solve customer problems across the network, from the Edge to the Cloud, in the growing Communications, Computing, Industrial, Automotive, and Consumer markets. Our technology, long-standing relationships, and commitment to world-class support let our customers quickly and easily unleash their innovation to create a smart, secure, and connected world. For more information about Lattice, please visit You can also follow us via LinkedIn, X, Facebook, YouTube, WeChat, or Weibo. Lattice Semiconductor Corporation, Lattice Semiconductor (& design), and specific product designations are either registered trademarks or trademarks of Lattice Semiconductor Corporation or its subsidiaries in the United States and/or other countries. The use of the word 'partner' does not imply a legal partnership between Lattice and any other entity. GENERAL NOTICE: Other product names used in this publication are for identification purposes only and may be trademarks of their respective holders.
Globe and Mail
16-07-2025
- Business
- Globe and Mail
Deadline Alert: Centene Corporation (CNC) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Glancy Prongay & Murray LLP reminds investors of the upcoming September 8, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Centene Corporation ('Centene' or the 'Company') (NYSE: CNC) securities between December 12, 2024 to June 30, 2025, inclusive (the 'Class Period'). IF YOU SUFFERED A LOSS ON YOUR CENTENE INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS. What Happened? On July 1, 2025, Centene announced that it was withdrawing its previous 2025 financial guidance following analysis of data from the Affordable Care Act marketplace that showed a significant revenue decline from a risk-sharing mechanism. On this news, Centene's stock price fell $22.87, or 40.4%, to close at $33.78 per share on July 2, 2025, thereby injuring investors. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) a preliminary analysis of over two-thirds of Centene's marketplace share showed lower-than-anticipated enrollment and increased aggregate market morbidity; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired Centene securities during the Class Period, you may move the Court no later than September 8, 2025 to request appointment as lead plaintiff in this putative class action lawsuit. Contact Us To Participate or Learn More: If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Charles Linehan, Esq., Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles California 90067 Email: shareholders@ Telephone: 310-201-9150, Toll-Free: 888-773-9224 Visit our website at Follow us for updates on LinkedIn, Twitter, or Facebook. If you inquire by email, please include your mailing address, telephone number and number of shares purchased. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Time Business News
16-07-2025
- Automotive
- Time Business News
How CNC Tube Bending Solves Common Manufacturing Problems
Manufacturing is all about moving parts—literally and metaphorically. From the quick turnaround to intricate part design, businesses are always under pressure to go faster, cheaper, and better. In today's fast-paced world, a small issue can lead to complete slowdowns. Tube bending is just one place where errors can slip in. Off-center bends, irregular angles, waste metal, and human calculation mistakes can all throw a monkey wrench into the works. There's a solution to this problem, and it's making life easier for manufacturers in Canada: CNC tube bending. This process, controlled by a computer, provides accuracy, consistency, and velocity, and enables companies to avoid the frequent aches of the conventional bending technique. Here are the most significant issues that CNC tube bending resolves — and why it is the preferred option in intelligent manufacturing. Problem 1: Variable Bends In older manual or outdated bending equipment, in many instances it is difficult to achieve the same bends on one tube as on another. Minuscule variations in angle, radius, or alignment cause differences that have an impact on how parts fit together. All of these little errors bring about quality control problems, customer dissatisfaction, and more rework in the long term. CNC tube bending eliminates this by employing pre-programmed commands to produce precise, consistent bends. The same tube exits every time, no matter whether batch size is large or small. Monitoring in real-time ensures accuracy from the very first bend to the last. It's particularly critical in sectors such as automotive, HVAC, and construction where a matter of millimetres can be a huge difference. Problem 2: Wasted Material Every error is money — and in tube bending, one mismeasured angle can slice good tubing into useless scrap. Through conventional methods, operators are inclined to rely on guesswork in order to achieve the bend they want when bending intricate shapes or thin-wall tube. CNC machines slash waste by a large degree, getting it right the first time. The computer calculates the perfect bend angles and also allows material stretch and springback compensation. This level of precision utilizes every tube to its maximum potential and improves on the need to over-order material. Canadian businesses that monitor their material costs, particularly those businesses utilizing industries stainless steel or aluminum, see savings increase rapidly. Problem 3: Time-Consuming Setup Tube bending by hand is slow to set up, particularly when switching between projects. Operators must reframe dies, rematerials, and verify accuracy before production begins. Idle time reduces productivity and jams the workflow. Set up is fast and simple in CNC tube bending. Operators can load machine files directly from digital design without manual measuring or adjustment. Job changes take minutes, not hours. This works best for companies that produce multiple part types or run low-volume production. It also minimizes bottlenecks, allowing it to be more on schedule. Problem 4: Shortages of Labor and Training Like most trades, tube bending is a skill and practice issue. But with ongoing labor shortages and turnover in the manufacturing industry, companies cannot find and train qualified operators. CNC tube bending does not require much in terms of large amounts of hands-on experience. Much of the accuracy is looked after by the computer software, and the machines feature easy-to-operate controls. New personnel can quickly pick up the fundamentals and still produce quality work. Canadian manufacturers thus remain efficient even with a thinner or junior workforce. Problem 5: Complex Geometries Product forms of new products frequently include tight radius, complex angles, or multi-plane bends. They are hard and labor-intensive to create by hand. Minor mistakes result in a part failure or expensive redesigns. CNC tube bending has no trouble with complex shapes. Machines can bend tube in various directions, use multiple radii, and manipulate multiple diameters and wall thicknesses. Pre-production of all bends also occurs through the software, thereby detecting problems beforehand. This amenity allows for increasingly innovative, and more productive designs — without sacrificing strength or performance. Problem 6: Repeatability for Long-Term Projects In every other manufacturing industry, particularly automobile, aerospace, and construction, organizations are required to make the same part for months and even years. A slight alteration in quality or size can cause huge issues downstream. CNC bending allows for long-term repeatability. After a design is programmed, it can be stored and reused on subsequent orders. The machine will produce the same part time after time with no change in angle, alignment, or radius. This makes CNC bending ideal for contracts, legacy parts, and product runs of long life. Problem 7: Prototyping and Testing Delays Waiting weeks for a prototype to be hand-bent is long enough to hold up an entire project. If it takes changing a prototype, the whole process is done again from the beginning. It hinders innovation and makes it more difficult for companies to react to new opportunities. CNC tube bending accelerates prototyping. With computer-aided design and rapid setup, new parts can be produced in hours or days instead of weeks. Designers and engineers can rapidly test and re-design parts until finding the optimal fit. Startups, custom fabricators, and R&D departments especially take advantage of this. Problem 8: Rising Cost From raw material and energy to labor and transportation, the cost of manufacturing is on the rise. Businesses must create more value with less. Old bending techniques are commonly outdated. CNC bending saves money all along the line. It saves scrap, increases production, reduces labor requirements, and increases first-pass yield. All of these benefits translate to leaner operations and improved margins. Final Thoughts Manufacturing is full of challenges, but tube bending doesn't have to be one of them. CNC tube bending gives Canadian businesses the precision, speed, and flexibility they need to stay competitive and productive — without the usual headaches. Whether you're building machinery, designing vehicles, or fabricating custom parts, this smart technology ensures your tubes are bent right the first time, every time. No more waste material, No more guesswork, Just clean, reproducible bends that get your projects in on time and your customers smiling— all made possible with pipe bender Canada solutions. TIME BUSINESS NEWS
