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Wellington Management Group LLP has notified Genuit Group plc of a change in its major shareholding interest.
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Gen Digital's threat research division released new data showing a significant increase in fraudulent shopping sites, with the company blocking nearly 25 million attempted visits in the last month.
Genuit Group plc has updated its total issued share capital and voting rights following the admission of new ordinary shares to the London Stock Exchange.
Gen Digital Inc. announced its financial results for the second quarter of 2026, reporting $1.37 billion in revenue and a significant increase in net income.
Stocks rallied on strong earnings and raised guidance, led by Huntington Ingalls, Porch, Teladoc and Crocs, despite the Dow falling 150 points.
Following Gen Digital's second-quarter fiscal 2027 earnings release, several financial institutions, including Morgan Stanley, RBC, and Jefferies, updated their price targets for the company's stock.
Gen Digital reported 12% revenue growth to $1.37 billion in Q2 FY2027, with partner channel revenue surging 40% to $295 million. The company is leveraging AI automation to reduce costs across engineering and customer support, while generating nearly $2 billion in annual free cash flow. Management prioritizes organic growth over transformative acquisitions, positioning the company for sustainable long-term earnings expansion.