CNP

CenterPoint Energy Reports Strong Q4 and Full-year 2023 Results; Increases Capital Investment Plan; Reiterates 2024 Guidance

Retrieved on: 
Tuesday, February 20, 2024

Non-GAAP EPS for the fourth quarter 2023 was $0.32, a 14% increase to the comparable quarter of 2022.

Key Points: 
  • Non-GAAP EPS for the fourth quarter 2023 was $0.32, a 14% increase to the comparable quarter of 2022.
  • These favorable drivers were partially offset by an unfavorable variance of $0.05 per share attributable to increased interest expense over the comparable quarter of 2022.
  • “I am excited and humbled to have the privilege to lead CenterPoint into its next chapter,” said Jason Wells, CEO of CenterPoint.
  • To the extent actual results deviate from these assumptions, the 2024 non-GAAP EPS guidance ranges may not be met, or the projected annual non-GAAP EPS growth rate may change.

CenterPoint Energy announces sale of its Louisiana and Mississippi natural gas assets to Bernhard Capital Partners for $1.2 billion

Retrieved on: 
Tuesday, February 20, 2024

CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint”) today announced the sale of its Louisiana and Mississippi natural gas LDC businesses to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for $1.2 billion.

Key Points: 
  • CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint”) today announced the sale of its Louisiana and Mississippi natural gas LDC businesses to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for $1.2 billion.
  • The assets include approximately 12,000 miles of main pipeline in Louisiana and Mississippi serving approximately 380,000 metered customers.
  • CenterPoint’s LDCs are the second largest natural gas LDCs in both Louisiana and Mississippi by customer accounts, with a combined workforce of approximately 550 employees.
  • The sales price of $1.2 billion represents approximately 32 multiple of 2023 Louisiana and Mississippi LDC earnings.

Nuvei accelerates revenue for customers with advanced network tokenization features

Retrieved on: 
Thursday, March 7, 2024

MONTREAL, March 7, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces the latest enhancements to its payment platform, an advanced network tokenization solution that enables its partners to benefit from smoother, more efficient, and more secure transactions in their online checkouts.

Key Points: 
  • Utilizing tokens issued directly by card schemes and banks, Nuvei's solution enhances overall transaction visibility and reduces false declines.
  • Nuvei's flexible solution also optimizes when the token is created, either during or following the transaction, to reduce payment friction.
  • Nuvei Chair and CEO Philip Fayer commented on the announcement: "Seamless transactions and conversion rates are the key to unlocking eCommerce revenue growth.
  • Our unique approach to network tokenization not only optimizes card payments security and the protection of consumers' financial data, but also extends the boundaries of what is possible for transaction success."

CNP Technologies Named GoTo Top Gold Partner in North America, Honored for Exemplary Sales Performance in 2023

Retrieved on: 
Thursday, February 29, 2024

CHARLOTTE, N.C. , Feb. 29, 2024 /PRNewswire-PRWeb/ -- CNP Technologies, a leading innovative communications and IT solutions provider, is thrilled to announce its designation as the GoTo Top Gold Partner in North America for 2023.

Key Points: 
  • CHARLOTTE, N.C. , Feb. 29, 2024 /PRNewswire-PRWeb/ -- CNP Technologies, a leading innovative communications and IT solutions provider, is thrilled to announce its designation as the GoTo Top Gold Partner in North America for 2023.
  • "CNP's partnership with GoTo is a testament to the power of strong relationships and an exceptional product," said Gresham Worrell, Senior Director of Sales at CNP Technologies.
  • GoTo, a top company making IT management, support, and business communications easy, recently announced the winners of its 2023 Partner Awards.
  • These awards acknowledge partners who excel in selling GoTo Resolve, LogMeIn Rescue, GoTo Connect, and GoTo Contact Center.

Fraud and Security in the Global Online Payments Industry: Card-not-present (CNP) Fraud Loss in the U.S. is Expected to Increase in 2024

Retrieved on: 
Thursday, February 15, 2024

DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "Fraud and Security in Global Online Payments 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "Fraud and Security in Global Online Payments 2024" report has been added to ResearchAndMarkets.com's offering.
  • Projections indicate that global B2C E-Commerce losses from online payment fraud are set to rise significantly, potentially reaching billions, with a projected +40% CAGR between 2023 and 2028.
  • By 2025, Asia-Pacific is expected to lead in online payment fraud losses, followed by North America and Europe.
  • Meanwhile, CNP fraud is expected to rise in the USA by 2024, comprising approximately three-quarters of the total payment fraud loss.

Fraud and Security in Global Online Payments Industry Report 2024 - Asia-Pacific Set to Have the Highest Online Payment Fraud Loss Globally by 2025 - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024

Projections indicate that global B2C E-Commerce losses from online payment fraud are set to rise significantly, potentially reaching billions, with a projected +40% CAGR between 2023 and 2028.

Key Points: 
  • Projections indicate that global B2C E-Commerce losses from online payment fraud are set to rise significantly, potentially reaching billions, with a projected +40% CAGR between 2023 and 2028.
  • By 2025, Asia-Pacific is expected to lead in online payment fraud losses, followed by North America and Europe.
  • Meanwhile, CNP fraud is expected to rise in the USA by 2024, comprising approximately three-quarters of the total payment fraud loss.
  • Which global region is projected to witness the highest online payment fraud loss in 2025?

Euronet Announces Acquisition of Infinitium, a Leading Digital Payments Company in Southeast Asia

Retrieved on: 
Tuesday, February 13, 2024

LEAWOOD, Kan., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today announced the acquisition of Infinitium Holdings Pte.

Key Points: 
  • LEAWOOD, Kan., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today announced the acquisition of Infinitium Holdings Pte.
  • Ltd (Infinitium), a digital payments company and provider of risk management and payments authentication services based in Singapore.
  • Infinitium’s products will be integrated with Euronet’s Ren payments platform to provide additional protection against consumer fraud and merchant chargebacks in online transactions.
  • This authentication step adds an extra level of security, reducing the risk of unauthorized transactions and enhancing overall online payment security.

Westinghouse Initiates UK Generic Design Assessment Process for the AP300™ Small Modular Reactor

Retrieved on: 
Tuesday, February 13, 2024

Westinghouse Electric Company announced today it has formally submitted an application to the U.K. Department of Energy Security and Net Zero (DESNZ) for approval to enter the General Design Assessment (GDA) of the AP300™ Small Modular Reactor (SMR).

Key Points: 
  • Westinghouse Electric Company announced today it has formally submitted an application to the U.K. Department of Energy Security and Net Zero (DESNZ) for approval to enter the General Design Assessment (GDA) of the AP300™ Small Modular Reactor (SMR).
  • This is the first step in the formal licensing process within the U.K.
  • View the full release here: https://www.businesswire.com/news/home/20240213946891/en/
    The Westinghouse AP300 SMR is the only SMR based on proven, deployed nuclear technology.
  • The AP300 small modular reactor is the only SMR based on an advanced, large Generation III+ reactor already in operation globally – Westinghouse’s proven AP1000® technology, which is licensed in the U.K.

South Dakota Enacts APRN Compact

Retrieved on: 
Monday, February 12, 2024

Kristi Noem signed the APRN Compact into law in the state of South Dakota on Feb. 5, 2024.

Key Points: 
  • Kristi Noem signed the APRN Compact into law in the state of South Dakota on Feb. 5, 2024.
  • When implemented, the compact will allow an APRN to hold one multistate license with a privilege to practice in other compact states.
  • “The compact will help improve access to workforce and enable APRNs to take care of our communities.”
    South Dakota is the fourth jurisdiction to enact the APRN Compact, joining Delaware, North Dakota and Utah.
  • Noem and the legislators of South Dakota, for their support of our health care workforce through the adoption of the APRN Compact.

Visa Expands Its Digital Wallet Capabilities and Availability

Retrieved on: 
Monday, February 12, 2024

Visa (NYSE:V), a global leader in digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the world’s foremost provider of virtual payments technology, to revolutionize how businesses manage transactions globally.

Key Points: 
  • Visa (NYSE:V), a global leader in digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the world’s foremost provider of virtual payments technology, to revolutionize how businesses manage transactions globally.
  • Visa Commercial Pay includes virtual card B2B payment solutions developed to improve cashflow for businesses and reduce outdated manual processes.
  • Alongside our partners Conferma Pay, we’re delighted to be taking our enhanced capabilities to customers globally.”
    Regions Bank will be the first Visa collaborator to roll out the enhanced digital wallet capability for its Treasury Management customers.
  • Visa understands financial-service providers deliver greater value when they give clients more convenience, along with more intuitive, time-saving solutions.