FlexShopper, Inc. ( FPAY ) shares are escalating on Monday after the company reported strong fourth quarter 2024 and holiday season results. The results reflect the transformation underway due to FlexShopper’s direct-to-consumer (DTC) and business-to-business (B2B) growth strategies. Total lease application volume increased by 8% year-over-year, while Marketplace marketing costs per new customer decreased by 22% Y/Y. New customer originations...

SolarEdge Technologies, Inc. ( SEDG ) shares are trading higher after the company revealed its 2025 plans, which include layoffs of approximately 400 employees and other spending reduction measures. The company also expects pre-tax charges of $3 million to $5 million for severance and related costs, primarily cash-based, with the majority recognized in the first quarter of 2025. Once completed,...

12:51 PM EST, 01/06/2025 (MT Newswires) -- Even though CGI's job postings softened sequentially, notes RBC, the predictive model from in-house data science team, RBC Elements, suggests that CGI's organic growth is still likely to increase to +1.7% Y/Y in Q1/FY25 (December quarter), up from 1.3% in the fourth-quarter and above consensus at +1.1%. Continued positive organic growth is likely...

12:40 PM EST, 01/06/2025 (MT Newswires) -- Navient ( NAVI ) signed an agreement to sell its government Services business to Gallant Capital Partners, the latter said Monday. Financial details weren't disclosed. The acquisition is expected to close in Q1 2025, pending certain conditions, Gallant Capital Partners said. Shares of Navient ( NAVI ) were up 3.5% in recent trading....