Latest news with #Minnetonka
Globe and Mail
2 days ago
- Business
- Globe and Mail
Table Trac Announces Quarterly Dividend
MINNETONKA, Minn., Aug. 11, 2025 (GLOBE NEWSWIRE) -- - On August 7, 2025, The Board of Directors of Table Trac Inc. (the 'Company') (OTCQX: TBTC) approved a cash dividend on the Company's common stock of $0.02 per share. The dividend is payable on September 12, 2025, to shareholders of record at the close of business on August 29, 2025. About Table Trac, Inc. Founded in 1995, Table Trac, Inc. develops, sells and leases information and management systems and provides technical support to casinos. The open architecture of CasinoTrac is designed to provide operators with a secure, scalable, and flexible system that interconnects and operates with most third-party software and hardware. Key products and services include modules that drive player tracking programs, kiosk promotions, and provide vault and cage controls. The Company's systems are designed to meet strict auditing, accounting and regulatory requirements applicable to the gaming industry. Additionally, the Company has developed a patented, real-time system that automates and monitors the operations of casino gaming tables. The Company's suite of management systems and kiosks are installed with on-going support and maintenance contracts in over 115 casino operators in over 300 casinos worldwide. The Company continues to increase its market share by expanding its product offerings to include new system features, and ancillary products. More information is available at Forward Looking Statements This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission. For more information: Randy Gilbert Table Trac, Inc. 952-548-8877 This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Yahoo
24-07-2025
- Business
- Yahoo
UnitedHealth says it is under a federal criminal and civil investigation regarding Medicare business and is cooperating
MINNETONKA, Minn. (AP) — UnitedHealth says it is under a federal criminal and civil investigation regarding Medicare business and is cooperating. 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
22-07-2025
- Business
- Yahoo
UNH Stock is Down 44% in 2025, But This Analyst Still Thinks UnitedHealth is a Top Q2 Earnings Pick
Unitedhealth Group Inc HQ photo-by jetcityimage via iStock Healthcare stocks are typically seen as defensive plays, especially during market uncertainty, but even industry giants aren't immune to volatility. UnitedHealth Group (UNH), once considered a reliable pillar in the managed care space, has suffered a stock decline of more than 44% in 2025. The selloff has been fueled by a mix of rising costs in its Medicare Advantage segment, a surprise CEO exit, and ongoing federal scrutiny into its billing practices. Despite these significant headwinds, Bernstein is bullish on UNH. The brokerage firm recently named UnitedHealth one of its 'Top Picks' ahead of Q2 earnings, pointing to its discounted valuation and the potential for a strong margin recovery in the coming years. Bernstein also sees normalization in Medicaid and Medicare Advantage trends, and is expecting UNH's earnings to double by 2029, at a compound annual growth rate (CAGR) of 19%. More News from Barchart For long-term investors with an eye for value amid chaos, here's why this beaten-down healthcare heavyweight could be at a 'very attractive entry point,' according to Bernstein. About UNH Stock Based in Minnetonka, Minnesota, UnitedHealth Group (UNH) is a diversified healthcare and insurance company operating through two main segments: UnitedHealthcare, which provides health benefits; and Optum, which offers healthcare services and technology. The company boasts a market capitalization of around $255.9 billion. UNH has endured a difficult year, with its stock plunging about 44% year‑to‑date - significantly underperforming the S&P 500 Index ($SPX), which has gained 7.3%. This underperformance has been driven by multiple headwinds, including surging Medicare costs, disappointing earnings, reported Department of Justice probes, a cyberattack, and the CEO's sudden resignation. Following the sharp sell-off, UNH's valuation is 'significantly depressed,' according to Bernstein. Its forward price‑to‑earnings ratio is 13.95x - well below the sector median, and roughly a 40% discount to its own 5-year average earnings premium. Bernstein analyst Lance Wilkes sees this as a prime opportunity to buy UNH stock at a discount. Separately, value investors will note that the stock yields 3.13% at current levels, offering solid income potential.
Yahoo
25-06-2025
- Business
- Yahoo
Netgain Ranked #38 on Channel Partners 2025 MSP 501 -- Tech Industry's Most Prestigious List of Managed Service Providers Worldwide
Annual Channel Partners MSP 501 Identifies Best of the Best in the Managed Services Industry MINNETONKA, Minn., June 25, 2025 /PRNewswire/ -- Netgain Technology, LLC, a vertically-focused premier provider of managed cloud, IT and cybersecurity solutions, has secured the #38 position on the prestigious 2025 Channel Partners MSP 501 rankings. The annual Channel Partners MSP 501 list, a technology industry benchmark, ranks companies based on a wide range of metrics, including above industry average revenue growth, recurring revenue, high-margin services and innovation, including monetizing AI services. For the past 18 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing. It is a milestone achievement for any managed services organization to be included on the list. The Channel Partners MSP 501 survey uses a quantitative methodology to rank companies based on their annual revenue, profitability measured by EBITDA, and recurring revenue. The methodology has been developed by a Who's-Who in the managed services industry. "The MSP 501 is more than a ranking — it's a reflection of the innovation, operational excellence and customer-first mindset that drives the world's top managed service providers forward. Earning a place on this list signals to customers, partners and the broader tech community that these MSPs are setting the pace for the industry and defining what success looks like in today's complex technology landscape," said Robert DeMarzo, Sr. Director of Informa Channels events and digital content. MSPs that qualify for the list must also pass a rigorous review conducted by the Channel Partners research team and editors. Channel Partners ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency. "The MSP 501 is the channel industry's unofficial GPS. Customers use it to navigate the over 300K MSP ecosystem, and vendors use it to find the right partners for their GTM strategy," said Devan Adams, principal analyst at Canalys (now part of Omdia). "Being an MSP 501er puts your business on the map while steering new opportunities to you." "Being ranked among this elite group of global MSPs reflects the trust our clients place in us and the specialized value we bring to firms with complex IT and compliance requirements," said Sumeet Sabharwal, CEO of Netgain. "This fourth consecutive recognition reinforces our commitment to managing mission-critical IT environments across the accounting, healthcare and legal sectors — enabling our clients to maximize performance, strengthen security and enhance operational efficiency." This year's list is one of the most competitive in the survey's history. Winners will be recognized on the Channel Partners and Channel Futures websites and honored during a special ceremony at MSP Summit, Sept 15-17, 2025, in Orlando, Fla. The MSP 501 represents the best in the technology services industry delivering outstanding vendor and platform neutral advice and value to small, midsized and enterprise customers. This year, the average revenue per MSP 501 is $29.4 million with an average recurring revenue of $16 million. These are truly the best of the best. Many of their services and technology offerings focus on customer needs in the areas of AI, cloud, security, collaboration, networking, help desk and remote monitoring and management. The Channel Partners MSP 501 is responsible for keeping their global customers safe, connected and efficient. Said Kelly Danziger, Informa Channels GM: "Making the MSP 501 isn't just about performance metrics—it's about leadership, vision, and the ability to drive meaningful outcomes for customers. This recognition places these MSPs among an elite group shaping the future of technology services worldwide." The Channel Partners MSP 501 list is based on confidential data collected and analyzed by the Channel Partners research and content teams which work closely with a wide range of industry experts to ensure the most pertinent data on managed services performance is collected. Companies are asked to provide their actual calendar 2024 financials or fiscal equivalents. Data was collected online from February to May 2025. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors. The data collected by the annual MSP 501 helps every company on the list and every provider with a managed services practice, benchmark their performance and uncover new ways to grow. It is the most comprehensive and definitive worldwide listing of best-in-class managed service providers It uses a proprietary algorithm and financial data to rank MSP performance against peers It has an 18-year history of recognizing top-performing MSPs It evaluates companies based on growth, profitability, and innovation Winners play a critical role in the $5 trillion technology industry Winners will be recognized at the MSP Summit during the MSP 501 gala awards ceremony scheduled for Sept. 15-17 in Orlando, Fla. Background About Netgain Technology, LLCNetgain specializes in delivering managed cloud, IT and cybersecurity services tailored for mid-market organizations in the accounting, healthcare and legal verticals. With over 25 years of experience, Netgain combines deep expertise in private and public cloud environments with a personalized co-managed support model to deliver a secure, reliable and efficient managed IT solution for their increasingly distributed workforce. Our team is dedicated to building lasting partnerships, working alongside clients to address their unique needs and harnessing the full potential of technology to deliver an exceptional end-user experience. Learn more at About Channel Partners Channel Partners is a media and events destination for the information technology and communications industry. We provide information, perspective, and connection for the entire channel ecosystem, including solution providers (SPs), managed service providers (MSPs), managed security service providers (MSSPs), cloud service providers (CSPs), value-added resellers (VARs) and distributors, technology solutions brokerages, subagent and agents, as well as leading technology vendor partners and communication providers. Channel Partners properties include awards programs such as the Channel Partners MSP 501, a list of the most influential and fastest-growing providers of managed services in the technology industry; the Channel Circle of Excellence, which honors innovative leaders from top channel vendors and distributors; Channel Partners events, which delivers unparalleled in-person events including Channel Partners Conference & Expo and MSP Summit. Channel Partners is part of Informa Connect, a leading provider of live events, digital content and training for the global business technology community. Through in-depth expertise and an engaged audience community, Informa Connect helps business professionals make better technology decisions and marketers reach the most powerful tech buyers and influencers in the world. Informa Connects portfolio includes more than 450 annual events attended by 12,000 business professionals. Media Contacts Francie DudreyNetgain Technology, LLCpr@ Dave Raffo Sr. Conference Editor & Community Manager | Informa Connect Channel Partners Conference Newsletter Editor Sydney Kurtz Associate Marketing Manager, VIP Audience | Channel View original content to download multimedia: SOURCE Netgain Technology, LLC
Travel Weekly
23-06-2025
- Business
- Travel Weekly
CWT
2024 sales: $15.2 billion Previous ranking: 5 Employees: 9,600 701 Carlson Parkway Minnetonka, MN 55305 Phone: (800) 213-7295 Website $15.2 billion9,600701 Carlson ParkwayMinnetonka, MN 55305Phone: (800) 213-7295 Executives PRESIDENT/CEO: Patrick Andersen CFO: Mike Wildes COO: Doug Anderson CHIEF CUSTOMER OFFICER: Nick Vournakis COMPANY FACTS * Privately held. * Sells business travel and meetings products and services to companies in 139 markets around the world. DEVELOPMENTS * Deploying AI-powered solutions to simplify traveler messaging interaction; aid business intelligence and reporting; and boost airfare optimization. * Enhanced its messaging service channel with new features and integrations. * Launched its special assistance service, making business travel easier for those with visible and nonvisible disabilities. * Established partnerships with Squake, a Berlin-based climate tech startup, to help corporate travel programs access sustainable aviation fuel at scale, and with Traxo, a corporate travel solution, to capture out-of-channel booking data. * Expanded its NDC content coverage: When Finnair removed its last remaining domestic itineraries from Edifact distribution in February 2024, for example, more than 90% of customers in Finland were already booking this content via NDC-enabled connections. * Named the Best NDC Iberia Client of 2024 at the Fitur trade fair primarily because of the company's collaboration with the airline in deploying NDC content. LOOKING AHEAD * Its acquisition by American Express Global Business Travel, announced in March 2024, is expected to be completed by the end of this year, pending regulatory approvals. * Using AI to offer personalized, real-time recommendations to travelers; improve service efficiency with more timely and relevant support; and enhance business intelligence and data reporting solutions. * Expanding access to air, hotel, rail and car rental content across more markets and channels; simplifying payment and verification processes for faster, more secure transactions; and providing travelers with more content, tools and services. * Collaborating with sustainability partners to help clients meet their goals; enhancing the accessibility of its platform to support travelers with different needs; maximizing ROI by equipping customers with tools to optimize spend and enhance productivity; and focusing on traveler satisfaction, well-being and communication. * Expanding its business intelligence content library to offer more customizable reports with actionable insights, building a hub for centralized access to comprehensive data and developing features that streamline report generation and data analysis for its clients.
