Jensen Investment Management has filed for a new index-based quality ETF that will charge a 25 basis point fee. The ETF will invest in US companies with at least a 15% return for 10 consecutive years, selecting the 100 largest by market cap from the VettaFi U.S. Equity 3000 Index. This new fund expands Jensen's offerings from active to passive strategies and joins other quality ETFs like QGRO, QINT, and VFLO, which also use VettaFi indexes. The launch reflects growing investor interest in ETFs for flexible and transparent portfolio options.
Teleflex reported Q2 revenue of $570.3 million, driven by its Vascular and Surgical segments, with adjusted EPS up 1.7% to $1.76. The company is selling its Acute Care, Interventional Urology, and OEM businesses for about $2.03 billion in cash to red...
Sun Life Financial reported strong Q2 results with earnings of $1.46 per share and revenues of $10.10 billion, surpassing analyst expectations. Growth was driven by a 27% rise in group insurance sales, 16% increase in individual sales, and a 10% boos...
Perion Network reported Q2 earnings with an EPS of $0.09, surpassing analyst estimates despite a revenue decline to $98.24 million from $102.98 million last year. The company is strategically moving away from traditional open-web advertising toward h...
Varex Imaging reported Q3 earnings with an EPS of $0.31, surpassing analyst estimates of $0.21, driven by growth in industrial and cargo inspection sectors. Revenue slightly missed expectations at $210.5 million versus $215.5 million forecast, but sa...
LCI Industries improved its profitability with an 8% rise in adjusted operating profit and a 110 basis point increase in operating margin, despite a 4% decline in net sales and weaker demand in the outdoor recreation market. Sales to OEMs fell 10%, a...
