Latest News for V Technology Stock (OTC:VCHYF)

V Technology Co Ltd is in the business of development, manufacturing marketing and service of the manufacturing system, inspection system, measurement system, macro inspection system and also flat panel display industry. The company is also engaged in development and sales of the systems for solar cell and liquid emitting displays manufacturing. Its products include smart phones, game consoles, inspection system, and laser scriber.

V Technology Co Ltd

This range includes approximately 2 percentage points of decline related to fiscal 2025 reverting to a 52-week year, and approximately 1 percentage point of decline related to the actions of Project Fortify to eliminate certain lower-margin product and service offerings.

News

Guidance

APOG

Apogee Enterprises Sees FY25 Net Sales To Decline 4% to 7%

Needham analyst Laura Martin reiterates Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Buy and maintains $205 price target.

Price Target

Reiteration

Analyst Ratings

AMZN

Needham Reiterates Buy on Amazon.com, Maintains $205 Price Target

Offerings

VinGroup Agreed With Investors To Amend And Partially Redeem $625M In Bonds Exchangeable For VinFast Shares

Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $1.01 by 12.87 percent. This is a 32.56 percent increase over earnings of $0.86 per share from the same period last year. The company reported quarterly sales of $361.84 million which beat the analyst consensus estimate of $337.83 million by 7.11 percent. This is a 5.15 percent increase over sales of $344.11 million the same period last year.

Earnings

Apogee Enterprises Q4 Adj. EPS $1.14 Beats $1.01 Estimate, Sales $361.84M Beat $337.83M Estimate

TH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THCH#NASDAQ">THCH</a>) reported quarterly losses of $(0.10) per share. This is a 9.09 percent increase over losses of $(0.11) per share from the same period last year. The company reported $55.10 million in sales this quarter. This is a 39.45 percent increase over sales of $39.51 million the same period last year.

THCH

TH International Q4 EPS $(0.10) Up From $(0.11) YoY, Sales $55.10M Up From $39.51M YoY

BYDDF

XPEV

Reuters Reported Mexico Under U.S. Pressure To Withhold Incentives From Chinese EV Makers, Denying Low-Cost Land And Tax Cuts

Large Cap

Health Care

General

streetTRACKS Dow Jones U.S. Large Cap Value Index Fund

Elevance Health Forecasts 2024 Revises FY2024 Adjusted EPS Guidance To Over $37.20 Versus Prior Outlook Of Over $37.10 And Consensus Of $37.15

Texas Capital Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBI#NASDAQ">TCBI</a>) reported quarterly earnings of $0.46 per share which missed the analyst consensus estimate of $0.60 by 23.33 percent. This is a 34.29 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $256.33 million which beat the analyst consensus estimate of $253.29 million by 1.20 percent. This is a 6.02 percent decrease over sales of $272.75 million the same period last year.

Earnings Beats

Earnings Misses

TCBI

Texas Capital Bancshares Q1 EPS $0.46 Misses $0.60 Estimate, Sales $256.33M Beat $253.29M Estimate

Needham analyst Chris Pierce maintains Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) with a Buy and lowers the price target from $18 to $13.

RIVN

Needham Maintains Buy on Rivian Automotive, Lowers Price Target to $13

Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) announced today its subsidiary White Martins will build, own and operate a second electrolyzer to produce green hydrogen for the southeast region of Brazil.
The five-megawatt pressurized alkaline electrolyzer plant will be located next to the company&rsquo;s existing air separation facility in Jacare&iacute;, S&atilde;o Paulo. The new plant will be powered by renewable energy from local solar and wind power projects to produce independently certified green hydrogen.

Linde To Increase Green Hydrogen Production In Brazil

Elevance Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>) reported quarterly earnings of $10.64 per share which beat the analyst consensus estimate of $10.53 by 1.04 percent. This is a 12.47 percent increase over earnings of $9.46 per share from the same period last year. The company reported quarterly sales of $42.273 billion which missed the analyst consensus estimate of $42.626 billion by 0.83 percent. This is a 0.90 percent increase over sales of $41.898 billion the same period last year.

Elevance Health Q1 2024 Adj EPS $10.64 Beats $10.53 Estimate, Sales $42.273B Miss $42.626B Estimate

The gross proceeds from the offering are expected to be approximately&nbsp;$230 million&nbsp;before deducting underwriting discounts and commissions and offering expenses payable by Biohaven.&nbsp;Biohaven intends to use the net proceeds received from the offering for general corporate purposes.

BHVN

Biohaven Reports Pricing Of Public Offering Of 5.609M Of Its Common Shares At $41 Per Share

TD Cowen analyst Oliver Chen maintains Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) with a Buy and lowers the price target from $580 to $520.

ULTA

TD Cowen Maintains Buy on Ulta Beauty, Lowers Price Target to $520

Needham analyst Chris Pierce reiterates Beam Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BEEM#NASDAQ">BEEM</a>) with a Hold.

BEEM

Needham Reiterates Hold on Beam Glb

The Amazonia Bond proposal, which aims to raise funds for the preservation of the Amazon rainforest, is encountering skepticism and technical challenges. This initiative, backed by several South American countries, is facing hurdles despite political support.
What Happened: The proposal for Amazonia Bonds, designed to secure low-cost funding for the protection of the Amazon, is facing resistance, Reuters reported on Thursday. The initiative, proposed by the Inter-American Development Bank and World Bank, is experiencing obstacles within the governments of Brazil and Colombia, two of the key countries in the region.
The Amazonia Bonds, if successful, would mark a significant milestone in nature-linked securities. The initiative is in line with the call from the presidents of Brazil, Colombia, and other Amazon basin countries for developed nations to contribute more to rainforest protection.
See Also: <a href="https://www.benzinga.com/markets/equities/24/04/38257664/delta-flight-returns-to-atlanta-after-takeoff-boeing-757-yawing-aggressively?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Delta Flight Returns To Atlanta After Takeoff: Boeing 757 &#8216;Yawing Aggressively&#8217;</a>
Despite the political backing, some officials are uncertain about the need to rush a new debt instrument. The discussions are still in the early stages within Brazil&#8217;s government, and any progress, if confirmed, is not expected this year.
Why It Matters: The Amazonia Bond initiative is part of a broader trend in the sustainable finance sector, with a growing focus on nature-linked securities. Earlier this year, <a href="https://www.benzinga.com/news/24/02/37197830/analysts-upbeat-on-blue-bonds-anticipate-market-surge-to-reshape-sustainable-finance-sector">analysts were upbeat about the potential surge</a> in the Blue Bonds market, which allows investors to fund water conservation efforts. The market for these bonds is set to expand significantly, potentially reshaping the sustainable finance sector.
However, the future of ESG investing, a key component of sustainable finance, is uncertain. Hedge funds, which have been major players in the ESG market, appear to have cooled on ESG initiatives of late. The <a href="https://www.benzinga.com/24/04/38189357/are-esg-markets-still-as-important-as-they-once-were-for-hedge-funds">importance of ESG markets for hedge funds</a> has been in question, with some suggesting that conscious investing may have lost its shine. 
Read Next: <a href="https://www.benzinga.com/news/earnings/24/04/38288246/wall-street-poised-to-rebound-from-slump-as-earnings-optimism-grows-analyst-eyes-this-s-p-500-level?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">S&amp;P 500, Nasdaq Futures Point To Higher Open Today: What&#8217;s Going On?</a>
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Bonds

Markets

'Amazonia' Bonds Face Hurdles Amid Political Push For First-Ever Rainforest Debt

TH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THCH#NASDAQ">THCH</a>) reported quarterly adjusted losses of $(0.10) per share. This is a 9.09 percent increase over losses of $(0.11) per share from the same period last year. The company reported $55.09 million in sales this quarter. This is a 39.43 percent increase over sales of $39.51 million the same period last year.

TH International Q4 Adj. EPS $(0.10) Up From $(0.11) YoY, Sales $55.09M Up From $39.51M YoY

Glo Fiber, powered by Shenandoah Telecommunications Company (&quot;Shentel&quot;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHEN#NASDAQ">SHEN</a>), announced plans to deploy next-generation, fiber-optic broadband services to over 40,000 additional homes and businesses in&nbsp;Ohio. Engineering work is&nbsp;already underway to connect the communities of&nbsp;Zanesville,&nbsp;Hillsboro,&nbsp;Jackson,&nbsp;Johnstown, and&nbsp;Greenfield. Glo Fiber currently provides service in&nbsp;Chillicothe,&nbsp;Circleville,&nbsp;Lancaster, and&nbsp;Washington&nbsp;Courthouse,&nbsp;Ohio&nbsp;in addition to markets in&nbsp;Virginia,&nbsp;Pennsylvania,&nbsp;West Virginia, and&nbsp;Maryland.

Government

Regulations

SHEN

Shenandoah Telecom Powered Glo Fiber Announces Broadband Expansion in Ohio

HC Wainwright &amp; Co. analyst Heiko Ihle maintains ASP Isotopes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASPI#NASDAQ">ASPI</a>) with a Buy and raises the price target from $5.25 to $5.5.

ASPI

HC Wainwright & Co. Maintains Buy on ASP Isotopes, Raises Price Target to $5.5

Wolfe Research analyst Keith Stanley downgrades Williams Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMB#NYSE">WMB</a>) from Peer Perform to Underperform and announces $34 price target.

Downgrades

Wolfe Research Downgrades Williams Companies to Underperform, Announces $34 Price Target

Wolfe Research analyst Keith Stanley upgrades Western Midstream (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WES#NYSE">WES</a>) from Underperform to Peer Perform.