Oil Pushes Back Toward $100 Crude oil pushed back toward the $100 per barrel level late in the week after a steep sell-off from Monday’s four-year high. Tensions in the Middle East continued to disrupt energy supply routes, especially around the Strait of Hormuz. This has been the source of volatility along with attempts by the IEA and U.S. to increase supply with releases from their respective strategic petroleum reserves.
The rally in oil is responsible for increasing concerns over inflation across global markets. Roughly 20% of global oil normally moves through that region, so any disruption tends to ripple through energy prices quickly, keeping silver investors on the defensive.
Rate Cut Timeline Keeps Getting Pushed Out For spot and futures silver traders, the impact of higher oil prices is clear. Higher prices for a prolonged period of time increase the risk that inflation will stay elevated longer than expected. Consequently, this complicates the Federal Reserve’s plans to cut interest rates in 2026.
Earlier in the year, silver prices jumped to a record high as speculative traders bet aggressively on as many as three rate cuts this year by the Fed, but sticky inflation in January and February forced traders to push the first cut out to June. And now, rising energy prices have pushed those expectations further out.
On Thursday, Goldman Sachs said it was now expecting the Fed to cut in September and December. Of course, that all depends on whether the war in the Middle East comes to an end, the Strait of Hormuz reopens and damaged oil infrastructure is repaired quickly.
Industrial Demand Is the Only Floor Under Silver The bottom line, if crude oil stays near or above $100 and inflation expectations rise further, silver may drive sideways-to-lower as traders may push Fed rate cut expectations deeper into the year. The only thing preventing a complete collapse in silver prices is the strong industrial demand.
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2026-03-12 23:581mo ago
AI hasn't led to the feared SaaS-pocalypse, but software companies must transform: SAP CTO
In an exclusive interview with CNBC, Philipp Herzig, the CTO at SAP remains positive that AI will positively transform software applications. He also sees potential for AI and software to be co-opted and shares how SAP is using AI to build agents and better user experiences.
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2026-03-13 00:301mo ago
2 Things Every New Fortress Energy Investor Needs to know
New Fortress Energy (NFE +1.82%) is a liquefied natural gas (LNG) company operating worldwide. It's a company with significant assets and a place in the growing global LNG market.
But it's also a company in active financial distress, and investors need to understand that investing in New Fortress Energy is extremely risky.
Image source: Getty Images.
1. NFE's debt situation is dire There's no gentle way to put this: New Fortress Energy is on the brink of collapse. The company is saddled with massive debt and has fallen behind on payments even as it sells assets to stay afloat.
The cash burn is immense. The company's trailing-12-month free cash flow (FCF) was negative -- a whopping $1.73 billion out the door.
That is a major problem for any company, but New Fortress Energy has nearly $9 billion in debt to contend with. Oh, and $6.5 billion of that is "current" -- that is, due within one year.
And New Fortress is already behind on payments on about $500 million of that. It is temporarily in forbearance while negotiating with its creditors to avoid default. If the talks succeed, the creditors would receive preferred equity and significant company assets in exchange for relief. While the company has said it may avoid a total wipeout of common shareholders this way, there is no guarantee of that -- and there is certainly no guarantee that the negotiations will be successful.
There is a very real scenario where common shareholders are left with nothing.
Today's Change
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2. There could be upside -- but I wouldn't bet on it The company's current market capitalization of just over $300 million stands in stark contrast to its $1.7 billion in trailing-12-month sales and enterprise value of $9.6 billion. It has a very low price-to-book value ratio; if common shareholders survive a restructuring, there could be significant upside from where the stock is now.
There are some things the company has going for it: significant physical assets, a fresh, seven-year contract to supply Puerto Rico, and strong global demand for LNG.
What should you do with New Fortress Energy? None of these, however, solve the company's core problem: New Fortress doesn't have enough cash flow to service its existing debt, and the restructuring process is designed to protect creditors, not common shareholders.
This is more of a bet than an investment, and I would stay far away from New Fortress Energy.
Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
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Abacus Global Management, Inc. (ABX) Q4 2025 Earnings Call Transcript
Abacus Global Management, Inc. (ABX) Q4 2025 Earnings Call March 12, 2026 5:00 PM EDT
Company Participants
Robert Phillips - Senior VP of Investor Relations & Corporate Affairs
Jay Jackson - CEO, President & Chairman
Elena Plesco - Chief Capital Officer
William McCauley - Chief Financial Officer
Conference Call Participants
Patrick Davitt
Crispin Love - Piper Sandler & Co., Research Division
Andrew Kligerman - TD Cowen, Research Division
Timothy D'Agostino - B. Riley Securities, Inc., Research Division
Mike Grondahl - Northland Capital Markets, Research Division
Presentation
Operator
Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Abacus Global Management's Fourth Quarter and Full Year 2025 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
I would now like to turn the call over to Robert Phillips, Abacus Global Management's Senior Vice President of Investor Relations and Corporate Affairs. Please go ahead.
Robert Phillips
Senior VP of Investor Relations & Corporate Affairs
Thank you, operator, and thank you, everyone, for joining Abacus Global Management's Fourth Quarter and Full Year 2025 Earnings Call. Here with me today are Jay Jackson, Chairman and Chief Executive Officer; Elena Plesco, Chief Capital Officer; and Bill McCauley, Chief Financial Officer. This afternoon at 4:15 p.m. Eastern Time, Abacus Global Management released its fourth quarter and full year 2025 results. This afternoon's call will allow participants to ask questions about our results.
Before we begin, Abacus Global Management refers participants on this call to the Investor web page, ir.abacusgm.com for the press release, investor information and filings with the SEC for a discussion of the risks that can affect the business. Abacus Global Management specifically refers participants to the presentation furnished today on Form 8-K with the Securities and Exchange Commission, and to remind listeners that some of the comments today may contain forward-looking statements, and as such, will be subject
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Faraday Future Takes Action in Response to Recent Suspected Illegal Market Manipulation by Hua Qixin and Continues to Collect Evidence
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced that it has taken action in response to recently identified suspected illegal market manipulation through the dissemination of false and misleading information intended to disrupt the market. The Company recently became aware that a user going by the name of Hua Qixin and his organization w.
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2026-03-13 00:571mo ago
EWG: Amid Fracturing Global Order, Germany Must Rise To The Occasion
iShares MSCI Germany ETF is rated hold, reflecting near-term headwinds and uncertainty amid ongoing geopolitical tensions. Germany's export-driven economy faces challenges: January imports fell 6%, exports 2.3%, and orders dropped 11%, exceeding negative forecasts. EWG's portfolio is diversified, with Siemens and Rheinmetall as key holdings positioned to benefit from European rearmament and industrial recovery.
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2026-03-13 01:031mo ago
Adobe's Revenue Accelerates. Is It Time to Buy This Beaten-Down Software Stock?
Shares of creative software specialist Adobe (ADBE 1.43%) have been crushed recently. The stock has plummeted to roughly $274 as of this writing as investors fret over rising artificial intelligence (AI) competition and -- now -- the abrupt news of a major leadership transition.
But while the market dumps the stock, Adobe's underlying business is actually picking up momentum and generating record fiscal first-quarter cash. With the stock trading at a severe discount to its historical norms, is this a rare opportunity to buy a high-quality software franchise on the cheap?
Image source: Getty Images.
Revenue is accelerating A closer look at Adobe's first-quarter results for fiscal 2026 shows a business defying the market's pessimistic narrative.
Total revenue for the quarter rose 12% year over year to a record $6.40 billion. Importantly, this marks a clear acceleration from the 10% top-line growth Adobe delivered in the fourth quarter of fiscal 2025. And the company's total subscription revenue grew even faster in fiscal Q1 than its overall revenue -- at a rate of 13%.
And the company's growth is also highly profitable.
Adobe generated record fiscal first-quarter operating cash flow of $2.96 billion. Additionally, its non-generally accepted accounting principles (non-GAAP) earnings per share came in at $6.06 -- up from $5.08 in the year-ago quarter.
"As we accelerate AI-powered capabilities across creativity, productivity and customer experience orchestration, Adobe is well positioned for continued profitable growth," said Adobe chief financial officer Dan Durn in the company's earnings release.
Even more encouraging is how Adobe is proving that AI is a catalyst rather than a headwind. Adobe CEO Shantanu Narayen noted that its AI-first annualized recurring revenue more than tripled year over year.
Navigating the CEO transition Despite these strong numbers, the market remains fixated on uncertainty.
Specifically, the recent announcement that Narayen will step down after 18 years at the helm seems to be spooking some investors, judging by the stock's pullback in after-hours trading on Thursday. Wall Street hates uncertainty, and replacing a highly successful, long-tenured chief executive just as the company is entering a new AI-first era naturally introduces execution risk as the company searches for a successor.
But Adobe's board isn't sitting on its hands amid the stock's recent pullback. The company is using the sell-off to aggressively shrink its share count.
The company repurchased an incredible 8.1 million of its shares during fiscal Q1 -- up from 7.2 million in fiscal Q4.
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A dirt cheap valuation This brings us to the most compelling part of the bull case: the tech stock's price tag.
As of this writing, Adobe trades at a forward price-to-earnings ratio of about 15. For a company with Adobe's market dominance, massive cash generation, and accelerating top-line growth, a multiple like this is arguably dirt cheap. For context, Adobe has historically traded at a price-to-earnings ratio well above 30.
At its current valuation, the market is essentially pricing in a worst-case scenario. Investors are assuming that AI will permanently impair Adobe's pricing power and that the upcoming CEO transition will derail the company's operational focus -- and these pessimistic assumptions are occurring at a time that Adobe's business is accelerating, fueled by a tripling of AI-first annual recurring revenue.
Simply put, the business and stock are doing two very different things. The business is executing, and the cash generation remains immense, even as shares plummet. A valuation like this, even as Adobe continues to deliver steady, double-digit growth, is arguably leaving the stock trading at a discount.
So, is the stock a buy? I think so.
Yes, a CEO transition introduces some near-term noise, and the software landscape remains intensely competitive. But risks seem largely priced in.
With revenue growth accelerating, AI-driven products gaining traction, and management aggressively repurchasing shares at a discount, I believe the risk-reward setup here is skewed in favor of long-term investors.
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Alibaba's MAISEAT Secures Primary Ticketing Role for GAI EVOLUTION 2026 World Tour in Malaysia
, /PRNewswire/ -- MAISEAT, the global events ticketing platform of Damai Entertainment (HKEX: 1060), an Alibaba Group subsidiary, has secured its first primary ticketing role, becoming the official primary ticketing partner for Chinese rapper GAI's upcoming concert in Malaysia.
Under the partnership, MAISEAT will manage ticket distribution and sales channels for the show, and will also serve as a co-organizer for the Malaysia stop of the tour. Users can purchase tickets on the MAISEAT website or app, among other platforms.
The GAI EVOLUTION 2026 World Tour in Malaysia is scheduled for May 10 at the Arena of Stars, Resorts World Genting, in Kuala Lumpur. The concert, GAI EVOLUTION 2026 World Tour – Malaysia, is scheduled for May 10 at the Arena of Stars, Resorts World Genting, in Kuala Lumpur. Exclusive presales on MAISEAT began on March 10, with official ticket sales starting on March 13. All presale tickets have sold out.
As the primary ticketing partner, MAISEAT will use Damai Entertainment's technology infrastructure and service capabilities to ensure a seamless and secure ticket‑purchasing experience.
"Securing the primary ticketing role for GAI's Malaysia show marks an important milestone for MAISEAT and strongly validates our capabilities in international live event ticketing," said Walter Zheng, Head of MAISEAT. "From ticket distribution to customer service, we have implemented a localized end-to-end model that meets the standards of international markets. We plan to bring this model to more markets, helping Chinese artists connect with fans worldwide, and build MAISEAT into a trusted platform for international event organizers and cross‑border audiences."
The MAISEAT platform supports multiple languages, including Simplified Chinese, Traditional Chinese, English, Japanese, and Korean. It is fully integrated with Alipay's global payment network and offers multiple payment methods and multi-currency settlement options. A dedicated MAISEAT mobile app was also launched in December last year.
GAI, whose real name is Zhou Yan, is one of China's best-known rappers, singers, and songwriters. His 2026 world tour opened in Singapore on March 7, with subsequent stops scheduled for Las Vegas and Sydney.
About Damai Entertainment
Damai Entertainment is a technology-driven company delivering immersive, real-world entertainment experiences. Its diverse ecosystem spans film production, live events, IP commercialization, TV series, artist management, and ticketing platforms. Anchored in its dual strategic pillars of entertainment and AI, Damai is committed to creating unparalleled live, interactive, and immersive experiences for audiences around the world.
Media Contacts
[email protected]
SOURCE Damai Entertainment
2026-03-13 05:411mo ago
2026-03-13 01:291mo ago
Apple cuts China App Store commission fees after government pressure
SummaryCompaniesMove estimated to save Chinese developers $873 million annuallyApp Store fees are targeted by regulators worldwideCut comes after pressure from Chinese regulators in huge marketBEIJING, March 13 (Reuters) - Apple (AAPL.O), opens new tab said on Thursday it would lower the commission fees collected by the company from its App Store in mainland China in a huge win for Chinese developers following apparent pressure from regulators in the U.S. tech giant's second-largest market.
Fees for in-app purchases and paid transactions will be lowered to 25% from 30% starting on Sunday, the California-headquartered company said in a statement on its website. In-app purchase transactions for developers belonging to Apple's small business and mini apps partner programmes will be cut to 12% from 15%.
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"Mini apps" refer to smaller applications that operate within a larger application such as Tencent's WeChat.
The move is a breakthrough for Chinese app developers and operators of "super apps" including Tencent and TikTok owner ByteDance, whose platforms host many smaller apps created by third-party developers.
The cut is estimated to save Chinese developers more than 6 billion yuan ($873 million) in operating costs annually, the state-owned Economic Daily said in a Thursday report that framed the measure as a win for Chinese digital consumers.
"This adjustment will ... improve consumption choices and information transparency," the Economic Daily said.
"The premium for digital goods and services on the iOS side will be gradually eliminated, and the prices of membership subscriptions, game recharges, live broadcast tips, mini programs and other scenarios are expected to decrease, which is expected to save consumers up to nearly 1 billion yuan per year."
WORLDWIDE SCRUTINY OF 'APPLE TAX'The 30% "Apple Tax" remains a major target of antitrust scrutiny by regulators worldwide. The EU introduced new legislation in 2024 that forced Apple to lower commission fees to 10% to 17% for developers. In the U.S., Apple allows users to pay in-app fees via alternative payment methods.
"In China's case, (Apple) have been talking with the IT ministry and other departments, and have been requested or pressured to reduce their fees," said Rich Bishop, founder of AppInChina, a firm that advises foreign software developers on making their apps available in China.
The move comes into effect on World Consumer Rights Day on Sunday, a time when Chinese state media usually highlights domestic and foreign companies accused of consumer rights violations. Apple was targeted by the campaign in 2013, when its after-sales service was criticised by state broadcaster CCTV, forcing the company to publicly apologise.
In future, the Chinese government may request Apple to collect App Store revenues in China instead of overseas, and further tighten regulatory oversight for foreign apps published in China, Bishop said.
Apple has previously taken down apps such as virtual private networks (VPNs) from its China App Store at the request of Chinese internet regulators.
All internet-connected devices carry an individual code which discloses their location, and VPNs allow users to hide their location by assigning their device a new code. Many Chinese users and foreign firms operating in China use them to bypass strict domestic internet censorship of foreign websites.
China's antitrust regulator was mulling an investigation into Apple's policies and App Store fees, Bloomberg News reported last year, while Chinese consumers filed an antitrust complaint over the firm's app fee structure last October. Google (GOOGL.O), opens new tab cut Android developer fees worldwide last week.
Apple's fee reduction also applies to international developers whose apps are available on the China App Store.
"Duolingo, the top-grossing education app in China, makes about $50 million a year from the Chinese market and this will be saving them a decent amount of money," Bishop added.
Reporting by Laurie Chen; Additional reporting by Qiaoyi Li; Editing by Kate Mayberry
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Laurie Chen is a China Correspondent at Reuters' Beijing bureau, covering politics and general news. Before joining Reuters, she reported on China for six years at Agence France-Presse and the South China Morning Post in Hong Kong. She speaks fluent Mandarin.
SummaryThe iShares Edge MSCI Min Vol USA ETF has lagged the S&P 500, returning only 5% versus 23% over the past year.USMV offers deep diversification, low volatility, and lower tech exposure, with only 15% in its top ten holdings and 3.4% in energy.USMV's defensive positioning, especially in consumer staples and utilities, could outperform if bearish scenarios or stagflation materialize.While I still prefer multi-asset diversification, USMV may have its best chance to outperform broad indices in a challenging market.atakan/iStock via Getty Images
Exactly one year ago, I warned readers that the iShares Edge MSCI Min Vol USA ETF (USMV) was "not as safe as [they] may think". Since then, the low volatility ETF returned a meager 5% against the S&P 500's (
21.09K Followers
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-13 05:411mo ago
2026-03-13 01:311mo ago
VW targets China comeback as first model with Xpeng starts mass production
Item 1 of 2 A Volkswagen ID. UNYX 08 electric vehicle (EV) sits on a production line at the Volkswagen Anhui factory in Hefei, Anhui province, China February 4, 2026. REUTERS/Florence Lo
[1/2]A Volkswagen ID. UNYX 08 electric vehicle (EV) sits on a production line at the Volkswagen Anhui factory in Hefei, Anhui province, China February 4, 2026. REUTERS/Florence Lo Purchase Licensing Rights, opens new tab
CompaniesBEIJING, March 13 (Reuters) - Volkswagen (VOWG.DE), opens new tab said on Friday it has begun mass production of its first model developed jointly with Chinese EV maker Xpeng (9868.HK), opens new tab, as the German carmaker targets a comeback in China with more than 20 new models to be launched this year.
The ID. UNYX 08, a full-size electric SUV, is part of Volkswagen's biggest-ever new energy vehicle push in China, a key market where it is scrambling to compete with local competitors such as BYD (002594.SZ), opens new tab and Geely [RIC:RIC:GEELY.UL].
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The new model - set to go on sale in the first half of this year - is emblematic of Volkswagen's revamped strategy in the world's biggest auto market, prioritising local development and quicker turnaround times.
Volkswagen has previously said its new China-based architecture allows vehicles to be developed 30% faster. The company said it brought the ID. UNYX 08 to production in 24 months.
"Our 'in China, for China' strategy is delivering results," said Ralf Brandstätter, Volkswagen Group board member for China.
"With the ID. UNYX 08, we are launching the Group's largest electric vehicle offensive in China."
Europe's largest carmaker faces another tough year, dominated by tariffs and its battle to win back China - its single largest market, where it has lost ground to local rivals who have been quicker to roll out software-rich, lower-cost electric cars.
Volkswagen was overtaken by Geely Auto in China sales last year, dropping to third place after losing its decade-long dominance to BYD in 2024.
Including the more than 20 battery-electric and plug-in hybrid vehicles set for launch in 2026, Volkswagen plans to bring a total of 50 new NEVs to market in China by 2030.
The ID. UNYX 08 is the result of a 2023 technology partnership with Xpeng, which provides Volkswagen with autonomous driving systems and the Turing AI chips used in the new vehicle.
A second jointly developed EV with Xpeng is set to be launched later this year.
Both vehicles will be built at Volkswagen's Hefei plant, west of Shanghai, which has annual capacity of 350,000 units and also produces the Cupra Tavascan SUV for export to Europe.
Reporting by Ju-min Park and Zhang Yan; Editing by Kevin Buckland
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Ju-min Park is a senior correspondent for Reuters based in Beijing, covering the automobile industry. She began her career at Reuters since 2010 and previously reported on the Korean peninsula and Japan.
2026-03-13 05:411mo ago
2026-03-13 01:351mo ago
AMC Robotics and HIVE Announce Collaboration to Advance AI-Driven Robotics Compute Infrastructure
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated November 25, 2025 to its short form base shelf prospectus dated October 31, 2025.
San Antonio, Texas--(Newsfile Corp. - March 13, 2026) - AMC Robotics Corporation (NASDAQ: AMCI) ("AMC Robotics" or the "Company"), an AI-driven robotics solutions provider, and HIVE Digital Technologies (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (BVC: HIVECO) ("HIVE"), a global leader in sustainable digital infrastructure and AI compute, today jointly announced a strategic collaboration focused on advancing next-generation AI-driven robotics applications and scalable infrastructure capabilities.
Through this collaboration, AMC Robotics has begun utilizing HIVE's GPU AI compute infrastructure and related services to support the Company's expanding development, testing, and deployment needs. In parallel, the two companies are actively exploring broader areas of cooperation, including potential collaboration across AI optimization, data processing, and infrastructure scalability to support future product initiatives.
AMC Robotics recently featured its AI-powered quadruped robot Kyro™ at the Tokyo Security Show 2026, as an active demonstration of autonomous security technology. The robot serves as a mobile AI edge computing platform, capable of operating independently in complex environments and supporting real-time monitoring and inspection. During the exhibition, Kyro™ performed live demonstrations of autonomous navigation, abnormal heat detection, and remote operation, showcasing how robotics can support security and inspection tasks in challenging environments.
A video demonstration of AMC Robotics' Kyro™ platform in action is available at https://amc-media.amcx.ai/rebotdog.mp4. Additional information on AMC's robotic solutions can be found at https://amcx.ai/solutions/robotic-dogs/.
As AMC Robotics continues advancing AI-driven robotics applications, particularly for real-time video processing and navigation, access to scalable GPU computing infrastructure becomes increasingly critical. HIVE has been expanding its GPU AI Cloud infrastructure globally through its BUZZ HPC subsidiary, servicing growing enterprise demand across AI training, inference, and now robotics workloads, where it will provide AMC Robotics with the compute resources needed to support its growing development and deployment activities.
The collaboration reflects a shared vision between AMC Robotics and HIVE to accelerate innovation at the intersection of artificial intelligence, robotics, and intelligent infrastructure. By leveraging HIVE's technical capabilities and AMC Robotics' application-driven robotics platform, the parties aim to enhance performance efficiency, development flexibility, and long-term scalability.
"As we continue to expand our AI-driven robotics solutions, access to reliable and scalable infrastructure is increasingly important," said Sean Da, CEO of AMC Robotics. "Our collaboration with HIVE supports our current operational needs while also opening the door to potential deeper collaboration as we look ahead."
Frank Holmes, Co-Founder & Executive Chairman of HIVE, stated, "We are seeing the next turn of the AI industrial revolution with the advent of robotics, for security, for logistics, and many new novel applications in manufacturing. This is accelerating as the autonomy, stability, and accuracy of AI-enabled robots evolve. These machines will take on the dangerous, the dull, and the impossible, and the companies building the infrastructure behind them will define the next decade. We are seeing massive investment from the most valuable companies in the world into AI robotics (notably Tesla's Optimus robots), and the HIVE and AMC Robotics strategic collaboration positions our firms right in the center of these growing markets."
Aydin Kilic, President & CEO of HIVE, said, "We believe robotics applications may represent a growing area of demand for AI compute infrastructure. As our GPU AI Cloud platform expands globally to service growing AI demand and broad industrial use cases, we see meaningful opportunities to work with AMC Robotics as it advances intelligent robotics applications across a growing range of use cases. As innovators in our respective fields, HIVE's BUZZ GPU AI Cloud will provide scalable and high-performance compute for AMC Robotics' ramp from lab to real-world deployment at scale."
The companies emphasized that the collaboration is expected to evolve over time as HIVE scales its global infrastructure and AMC Robotics moves toward production deployment. Any future arrangements would be subject to further evaluation and mutually agreed terms.
About AMC Robotics Corporation
AMC Robotics (Nasdaq: AMCI) is an AI-driven robotics company focused on developing intelligent, scalable hardware and software solutions. The Company's quadruped robotic platform, Kyro™, enables industries to automate inspection, security, and operational tasks through autonomous mobility and AI-powered perception.
For more information, please visit www.amcx.ai.
About HIVE Digital Technologies Ltd.
Founded in 2017, HIVE Digital Technologies Ltd. is the first publicly listed company to mine digital assets powered by green energy. Today, HIVE builds and operates next-generation Tier-I and Tier-III data centers across Canada, Sweden, and Paraguay, serving both Bitcoin and high-performance computing clients. HIVE's twin-turbo engine infrastructure-driven by hashrate services and GPU-accelerated AI computing-delivers scalable, environmentally responsible solutions for the digital economy.
For more information, visit hivedigitaltech.com, or connect with us on:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This press release may contain statements that constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning the Company's possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities, and the effects of regulation. These forward-looking statements are based on the Company's management's current expectations, projections, and beliefs, as well as a number of assumptions concerning future events. When used in this communication, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements.
These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside of the Company's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions, and other important factors include, but are not limited to: (a) challenges in opening operations in new jurisdictions, including but not limited to compliance with local ordinances, obtaining any necessary permits and regulatory oversight; (b) the ability to recognize the anticipated benefits of the new operations; (c) the outcome of any legal proceedings that may be instituted against the Company; (d) the ability to continue to meet the applicable stock exchange listing standards; (e) the effect of the Company's recently completed business combination with AlphaVest Acquisition Corp ("AlphaVest") on the Company's business relationships, performance, and business generally and the risk that such transaction further disrupts current plans and operations of the Company or its subsidiaries; (f) the ability to recognize the anticipated benefits of the transaction with AlphaVest, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (g) changes in applicable laws or regulations, including legal or regulatory developments (including, without limitation, accounting considerations); (h) the possibility that AMC Robotics may be adversely affected by other economic, business, and/or competitive factors; (i) AMC Robotics' estimates of expenses and profitability; and (j) other risks and uncertainties indicated under "Risk Factors" contained in the definitive proxy statement/prospectus for the transaction with AlphaVest, and other documents filed or to be filed with the SEC by AMC Robotics. Copies are available on the SEC's website, www.sec.gov. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.
The Company assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company gives no assurance that it will achieve its expectations.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288386
Source: HIVE Digital Technologies Ltd.
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
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2026-03-13 04:411mo ago
2026-03-12 23:351mo ago
Madison Square Garden Sports Gains Tabor Backing as Knicks and Rangers Franchise Values Climb
What happenedAccording to a February 17, 2026 SEC filing, Tabor Asset Management, LP bought 29,985 shares of Madison Square Garden Sports (MSGS 1.28%). The fund’s quarter-end position value increased by $8.19 million, reflecting both the new purchase and changes in the stock’s price during the period.
What else to knowThe buy increased the position to 43,778 shares, representing 4.57% of Tabor Asset Management’s 13F reportable AUM after the filing.
Top holdings after the filing:
NASDAQ: FIVE: $18.05 million (7.3% of AUM)NASDAQ: LZ: $17.51 million (7.1% of AUM)NYSE: W: $16.94 million (6.8% of AUM)NYSE: MHK: $16.86 million (6.8% of AUM)NYSE: CCL: $13.77 million (5.6% of AUM)As of February 13, 2026, Madison Square Garden Sports shares were priced at $291.48, up 38.1% over the past year, outperforming the S&P 500 by 26.36 percentage points.
Company overviewMetricValuePrice (as of market close February 13, 2026)$291.48Market capitalization$7.51 billionRevenue (TTM)$1.07 billionNet income (TTM)$-16.56 millionCompany snapshotMadison Square Garden Sports is a leading owner of major sports and esports franchises, with a diversified portfolio that positions it to benefit from rising media rights values and sponsorship opportunities. Its strategic focus on premium entertainment assets and established market presence provides a competitive edge in the sports and entertainment industry.
The company owns and operates professional sports franchises, including the New York Knicks (NBA), New York Rangers (NHL), Hartford Wolf Pack (AHL), and Westchester Knicks (NBA G League). It also Operates esports teams such as Knicks Gaming and Counter Logic Gaming, expanding its presence in digital entertainment.
Madison Square Garden Sports focuses on leveraging iconic brands and a loyal fan base to generate recurring revenue from media rights, sponsorships, and merchandising.
What this transaction means for investorsProfessional sports franchises occupy a unique position in the investment landscape because their long-term value is tied not only to operating performance but also to the scarcity of league ownership. Madison Square Garden Sports Corp. owns two of the most recognizable global franchises, the New York Knicks (NBA) and the New York Rangers (NHL). These assets benefit from league-wide media rights growth and the premium associated with teams in major markets such as New York.
Unlike many entertainment companies that rely on quarterly earnings growth, sports franchise owners often experience long-term asset appreciation as media contracts expand and ownership remains limited. Team valuations in major leagues have risen steadily in recent decades, driven by global broadcast demand, sponsorship growth, and competition among wealthy buyers for a limited number of franchises.
For investors, the key question is whether the franchise values continue to outpace the teams’ underlying business performance, including ticket sales, sponsorships, and media-rights revenue. If league media rights and fan monetization continue to expand, Madison Square Garden Sports may be valued more as a scarce sports asset vehicle than as a conventional operating company.
Eric Trie has no position in any of the stocks mentioned. The Motley Fool recommends Carnival Corp., Five Below, and Wayfair. The Motley Fool has a disclosure policy.
2026-03-13 04:411mo ago
2026-03-12 23:401mo ago
Arista Networks: Why A Breakout Seems Likely (Rating Upgrade)
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Afya (AFYA - Free Report) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +7.90%. A quarter ago, it was expected that this medical education company would post earnings of $0.32 per share when it actually produced earnings of $0.38, delivering a surprise of +18.75%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Afya, which belongs to the Zacks Schools industry, posted revenues of $169.03 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 4.57%. This compares to year-ago revenues of $145.28 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Afya shares have lost about 9.9% since the beginning of the year versus the S&P 500's decline of 1%.
What's Next for Afya?While Afya has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Afya was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.54 on $192.58 million in revenues for the coming quarter and $1.79 on $763.95 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Schools is currently in the top 11% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the broader Zacks Consumer Discretionary sector, Century Casinos (CNTY - Free Report) , is yet to report results for the quarter ended December 2025. The results are expected to be released on March 13.
This casino operator is expected to post quarterly loss of $0.46 per share in its upcoming report, which represents a year-over-year change of +33.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Century Casinos' revenues are expected to be $143.4 million, up 4.1% from the year-ago quarter.
2026-03-13 04:411mo ago
2026-03-12 23:461mo ago
PagSeguro Digital: Brazil's Potential Rate Cuts And Credit Expansion Support Re-Rating
Analyst’s Disclosure: I/we have a beneficial long position in the shares of PAGS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-13 04:411mo ago
2026-03-12 23:501mo ago
ROSEN, A LEADING LAW FIRM, Encourages PomDoctor Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - POM
New York, New York--(Newsfile Corp. - March 12, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of PomDoctor Ltd. (NASDAQ: POM) between October 9, 2025 and December 11, 2025, inclusive (the "Class Period"), of the important April 7, 2026 lead plaintiff deadline.
SO WHAT: If you purchased PomDoctor securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the PomDoctor class action, go to https://rosenlegal.com/submit-form/?case_id=52621 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 7, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) PomDoctor was the subject of a fraudulent stock promotion scheme involving social media-based misinformation and impersonated financial professionals; (2) insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign; (3) PomDoctor's public statements and risk disclosures omitted any mention of the false rumors and artificial trading activity driving the stock price; and (4) as a result of the foregoing, defendants' positive statements about PomDoctor's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
To join the PomDoctor class action, go to https://rosenlegal.com/submit-form/?case_id=52621 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288314
Source: The Rosen Law Firm PA
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2026-03-13 04:411mo ago
2026-03-12 23:521mo ago
Hallador Energy Company (HNRG) Q4 2025 Earnings Call Transcript
Sean Mansouri - Elevate Ir
Jeffrey Grampp - Northland Capital Markets, Research Division
Matthew Key - Texas Capital Securities, Research Division
Nick Giles - B. Riley Securities, Inc., Research Division
Jacob Sekelsky - Alliance Global Partners, Research Division
Presentation
Operator
Good afternoon, and thank you for attending Hallador Energy's Fourth Quarter and Full Year 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded.
I'd now like to turn the conference over to Sean Mansouri, the company's Investor Relations Adviser for Elevate IR. Please go ahead, Sean.
Sean Mansouri
Elevate Ir
Thank you, and good afternoon, everyone. We appreciate you joining us to discuss our fourth quarter and full year 2025 results.
With me today are President and CEO, Brent Bilsland; and CFO, Todd Telesz. This afternoon, we released our fourth quarter and full year 2025 financial and operating results in a press release that is now on the Hallador Investor Relations website. Today, we will discuss those results as well as our perspective on current market conditions and our outlook. Following prepared remarks, we will open the call to answer your questions.
Before we begin, a reminder that some of our remarks today may include forward-looking statements subject to a variety of risks, uncertainties and assumptions contained in our filings from time to time with the SEC and are also reflected in today's press release. While these forward-looking statements are based on information currently available to us, if one or more of these risks or uncertainties materialize or if our underlying assumptions prove incorrect, actual results may vary materially from those we projected or expected. In providing these remarks, Hallador has no obligation
Analyst’s Disclosure: I/we have a beneficial long position in the shares of RBRK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-13 04:411mo ago
2026-03-13 00:001mo ago
Kyivstar Revenue Rises 26% YoY as Digital and Connectivity Drive Growth
March 13, 2026 00:00 ET | Source: Kyivstar Group Ltd
Kyivstar Group Ltd (“Kyivstar,” the “Group”) FY25 and 4Q25 results highlights
Total revenue for FY25 grew 25.9% to USD 1,157 mn (30.3% to UAH 48.2 bn) year-on-year (“YoY”). 4Q25 revenue increased 28.4% to USD 321 mn (30.1% to UAH 13.5 bn) YoY.EBITDA for FY25 rose 25.8% to USD 648 mn (30.0% to UAH 27.0 bn) with an EBITDA margin of 56.0%. In 4Q25, EBITDA increased 21.7% to USD 172 mn (23.1% YoY to UAH 7.2 bn) with the EBITDA margin at 53.5%.Adjusted net profit was USD 289 mn for FY25, with earnings per share of USD 1.32. Unadjusted net profit was USD 124 mn, EPS USD 0.57, the differences from adjusted numbers resulting from the USD 162 mn non-cash charge related to the Kyivstar listing in 3Q25. Unadjusted net profit for 4Q25 was USD 90 mn.Digital revenue grew 4.7x in FY25 to USD 124 mn (4.9x to UAH 5.2 bn), reaching 10.7% of the revenue mix. 4Q25 digital revenue increased 6.1x to USD 50 mn (6.4x to UAH 2.1 bn) to comprise 15.7% of total revenue.Multiplay customers rose 18.0% YoY to 7.3 mn, or 35.0% of one-month-active mobile customers.Cash position of USD 455 mn highlights Kyivstar’s resilient balance sheet, supported by equity free cash flow of USD 232 mn.For 2026, Kyivstar expects to deliver USD revenue growth of 8%-11% and EBITDA of 5%-8% when assuming UAH/USD at 44.5. This is based on UAH revenue growth of 15%-18% and EBITDA growth of 12%-15%. Capex intensity for 2026 is expected within 23%–26% of revenue. Strategic developments
The Group broadened its digital healthcare offerings with the acquisition in February of Tabletki.ua, Ukraine’s leading online marketplace for medicines and healthcare products, for USD 160 mn. The acquisition will be immediately accretive to earnings in future quarters.Kyivstar expanded Starlink Direct to Cell services to all the company’s 4G customers, with almost 5 mn customers having used initial text capabilities. Voice and light data services are planned for later in 2026.The Group in December acquired SUNVIN 11 LLC, owner of a solar power plant with capacity of 12.9 MW. The investment allows Kyivstar to explore diversifying its energy sources and hedging energy supply risks. In February 2026, Kyivstar announced the acquisition of internet service provider Shtorm, expanding the Group’s market share in the highly fragmented fixed-broadband market.Kyivstar parent company VEON and other investors in February conducted a secondary offering equating to 6.2% of Kyivstar’s outstanding shares. As a result, VEON’s stake in Kyivstar was reduced to 83.6%. KYIV, Ukraine and DUBAI, United Arab Emirates and NEW YORK, March 13, 2026 (GLOBE NEWSWIRE) -- Kyivstar Group Ltd (Nasdaq: KYIV), Ukraine’s leading digital operator and a provider of converged connectivity and online services, today announces financial and operating results for the full year and fourth quarter ended December 31, 2025.
Kyivstar delivered 4Q25 revenue growth of 28.4% to USD 321 mn (30.1% YoY to UAH 13.5 bn), reflecting continued execution of the company's multiplay and digital strategies. Mobile ARPU rose 18.2% YoY to USD 3.8, with a further 5.9 pp of customers migrating to 4G data plans. Digital revenue increased 6.1x YoY to USD 50 mn (6.4x to UAH 2.1 bn), comprising 15.7% of total revenue, with Uklon contributing USD 34 mn (UAH 1.4 bn). Multiplay customers – those using voice, 4G data and at least one digital application – expanded 18.0% YoY to 7.3 mn, representing 35.0% of one-month-active mobile customers. Kyivstar's expanding service suite continues to embed the company more deeply in customers' everyday lives.
EBITDA grew 21.7% to USD 172 mn (23.1% to UAH 7.2 bn) for 4Q25, driven by revenue growth and disciplined cost management. The EBITDA margin declined 2.9 pp YoY to 53.5%, consistent with Kyivstar’s previously stated outlook, while capex intensity rose to 36% of revenue on the back of known seasonal trends and investment in network and energy resilience.
Kyivstar continues to progress on its strategic priorities. In February, the Group announced the acquisition of Tabletki.ua, Ukraine’s leading online marketplace for medicines and healthcare products, offering synergies with Helsi and other parts of Kyivstar’s digital ecosystem. The Group also expanded Starlink Direct to Cell services to all the company’s 4G customers, with almost 5 mn customers now having taken advantage of initial text capabilities with data and voice services due to launch later in 2026. Development on the Ukrainian LLM and a 5G pilot also continued apace, reflecting Kyivstar’s commitment to being at the forefront of digital and connectivity technologies in Ukraine.
For 2026, Kyivstar expects revenue growth of 8%-11% and EBITDA growth of 5%-8% in USD terms. This incorporates local-currency revenue growth of 15%-18% and EBITDA growth of 12%-15%, respectively, and UAH/USD averaging 44.5 for the year. Capex intensity for 2026 is expected within 23%–26% of revenue.
Commenting on the results, CEO Oleksandr Komarov said:
“Kyivstar’s performance in 2025 underscores the company’s strength, strategic clarity, and sustained ability to deliver value amid unprecedented external conditions. We continue to invest in Ukraine’s digital future while maintaining market leadership and executing against our long-term digital operator strategy.
“Kyivstar is rapidly evolving from a traditional mobile operator into a diversified digital ecosystem. Key enablers of this transformation include Direct to Cell satellite connectivity, digital platform integrations, and expanding synergies across the Group’s companies. Customer engagement remains a standout driver of our growth, with 15 mn monthly active users (MAUs) across our digital platforms.
“We enter 2026 with strong momentum, supported by accelerating revenue growth. In 4Q25, digital revenue expanded more than sixfold, reaching nearly 16% of total revenue. Our 30% YoY revenue growth in hryvnia reflects successful execution of our digital expansion roadmap and deeper Group-wide synergies, with meaningful contributions across business verticals.
“Kyivstar remains uniquely positioned in capital markets, offering investors the only direct exposure to the Ukrainian economy and its fast-growing technology sector through a US-listed company. We are committed to delivering sustainable growth, strengthening our digital leadership, and creating long-term value for shareholders.”
Additional information
View the full 4Q25 Earnings Release
View 4Q25 Results Presentation
4Q25 results conference call
Kyivstar will also host a results conference call with senior management at 10:00 EST / 16:00 CET / 18:00 GST today.
To register and access the event, please click here or copy and paste this link to the address bar of your browser:
Once registered, you will receive confirmation to your submitted email address with the link to access the webcast and dial-in details to listen to the conference call over the phone.
We encourage you to watch the event through the webcast link, but if you prefer to dial in, then please use the dial-in details.
Join the conversation live
In addition to the webcast, the conference call will also be livestreamed on YouTube. This option allows you to follow the discussion in real time from any device without the need for registration or dial-in details. Simply click here or copy and paste this link to the address bar of your browser: https://www.youtube.com/live/kWTzK8pzyYk
Q&A
If you want to participate in the Q&A session, we ask that you select the “Yes”' option on the “Will you be asking questions live on the call?” dropdown box. That will bring you to a page where you can join the Q&A room by clicking “Connect to meeting.”
You will be brought into a Zoom webinar where you can listen to the presentation. Once the Q&A begins, please use the “Raise hand” button on the bottom of your Zoom screen to enter the queue for questions. The moderator will announce your name as well as sending a message to your screen asking you to confirm you wish to speak when your turn is reached. Once accepted, please unmute your microphone and ask your question.
You can also submit your questions prior to the webcast event to Kyivstar Investor Relations at [email protected].
About Kyivstar Group Ltd.
Kyivstar Group Ltd. operates Ukraine's leading digital operator, JSC Kyivstar, serving more than 22.4 million mobile customers and over 1.2 million home internet fixed line customers as of December 31, 2025. Kyivstar Group Ltd. and its subsidiaries provide services across a wide range of mobile and fixed line technologies, including 4G, big data, cloud solutions, cybersecurity, digital TV, ride-hailing, and more. Together with VEON, Kyivstar intends to invest USD 1 billion in Ukraine during 2023-2027, through social investments in infrastructure and technological development, charitable donations and strategic acquisitions. Kyivstar Group Ltd. and its subsidiaries have been operating in Ukraine for more than 27 years. For more information, visit: investors.kyivstar.ua.
Performance measures and non-GAAP financial measures
In presenting our results, Kyivstar has included certain financial and operating measures, including EBITDA, EBITDA (after leases), EBITDA margin, Adjusted Net Profit, Adjusted Earnings Per Share, Equity Free Cash Flow (before leases and licenses), Equity Free Cash Flow (after leases and licenses), CAPEX excl. licenses and ROU, Return on Invested Capital, Return on Equity, Total debt including leases, Net cash, excluding leases and Uklon EBITDA, that that are not prepared in accordance with International Financial Reporting Standards ("IFRS"). Management believes these measures are useful to consider. The key performance measures and non-GAAP or non-IFRS financial measures that Kyivstar believes are meaningful in analyzing its performance are summarized in Attachment D of Kyivstar's earnings release as of the date of this press release and where applicable a reconciliation of non-GAAP/non-IFRS financial measures to IFRS financials is provided in Attachment A of Kyivstar's earnings release. None of these non-GAAP/non-IFRS financial measures should be viewed as a substitute for those determined in accordance with IFRS and Kyivstar's methodology for calculating these measures has limitations, including potential differences from the way industry peers calculate such measures.
Disclaimer and notice to reader
This document contains “forward-looking statements” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements relating to Kyivstar’s future operating results, targets, or financial position. There are numerous risks and uncertainties that could cause actual results and Kyivstar’s plans and objectives to differ materially from those expressed in the forward-looking information, such as those risks discussed in the section entitled “Risk Factors” Kyivstar Group’s final prospectus filed with the SEC on January 30, 2026 as such document may be amended or supplemented from time to time, and in any other subsequent filings with the SEC by Kyivstar. The forward-looking statements contained in this document speak only as of the date hereof and Kyivstar disclaims any obligation to update or revise any of these forward-looking statements, except as required by applicable laws.
See “Disclaimer and Notice to Readers” in our full 4Q25 Earnings Release for a more fulsome description of the above.
Elon Musk says Tesla expects to increase its human workforce as AI and robotics boost productivity By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Elon Musk said he expects to increase Tesla's employee headcount and productivity per worker. Anadolu/Anadolu via Getty Images 2026-03-13T04:01:01.234Z
Some large companies are attributing recent mass layoffs to advancements in AI. Tesla CEO Elon Musk said he expects to hire more people as robotics boost productivty. The "output" per Tesla worker will get "nutty high," Musk said. As companies conduct AI-induced layoffs, Elon Musk expects to do the exact opposite at Tesla.
The CEO said during the Abundance Summit on Wednesday that workforce reductions aren't in the cards for Tesla and that he expects to raise headcount, after entrepreneur Peter Diamandis asked when he expects robots to build robots.
"We're not planning any layoffs or reductions in personnel," Musk said. "In fact, we will increase our headcount. But the output per human at Tesla is going to get nutty high."
Companies across industries are shedding employees, from administrative workers to engineers, and attributing the layoffs to advancements in AI.
Atlassian, an enterprise software company, announced Wednesday that it would cut 10% of its workforce as it invests in AI to reshape its workforce.
Block, a financial technology company co-founded by Jack Dorsey, laid off 40% of its workforce, or 4,000 employees, this month, citing AI as the main driver.
Musk himself has frequently said that advancements in robotics will eliminate the need for humans to have jobs. One of Tesla's main bets is Optimus, a humanoid robot.
The CEO has advocated for a universal basic income because he predicts robots will fully take over the production of goods and services.
"We'll basically just issue money to people," Musk said at the summit, "because the output of goods and services will so far exceed the money supply that we'll effectively have deflation."
Automakers, including Tesla, are investing in humanoids and other robotics to fill in for manufacturing jobs.
Agility Robotics' chief business officer, Daniel Diez, previously told Business Insider that companies are looking to robotics to fill labor gaps, particularly for jobs with highly repetitive physical tasks.
A Tesla spokesperson did not respond to a request for comment.
Tesla Elon Musk
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2026-03-13 04:411mo ago
2026-03-13 00:051mo ago
Zonetail Inc. Provides Update to Proposed $445,355 Shares-for-Debt Transaction
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Ontario – TheNewswire - March 12, 2026 – Zonetail Inc. (TSX-V: ZONE) (“Zonetail” or the “Company”) is pleased to announce that it has received conditional approval for a proposed shares-for-debt transaction, pursuant to which it intends to settle up to 22,267,789 in consideration for the settlement of up to $445,355.78 of debt (the “ Shares-for-Debt Transaction ”) at a price of $0.02 per common share in the capital of the Corporation (“ Shares ”). The Company is proposing to complete these settlements to preserve cash to fund future operations.
2026-03-13 04:411mo ago
2026-03-13 00:121mo ago
VEON Delivers Record Digital Growth: 4Q25 Digital Revenues Grow 84% to 20.1% of Total, Driving 17% Revenue and 29% EBITDA Growth in 4Q25
VEON Delivers Record Digital Growth: 4Q25 Digital Revenues Grow 84% to 20.1% of Total, Driving 17% Revenue and 29% EBITDA Growth in 4Q25
Dubai and New York, March 13, 2026 – VEON Ltd. (NASDAQ: VEON), a global digital operator, today announced strong financial and operating results for the fourth quarter and full year ended December 31, 2025.
Key Highlights – Fourth Quarter 2025
Total revenue grew 17.4% year-on-year (“YoY”) to USD 1,171 million.EBITDA increased 29.1% YoY to USD 527 million, with EBITDA margin expanding 410 bps to 45.0%.Digital revenues grew 84.1% YoY to USD 235 million, accounting for 20.1% of Group revenue.Financial services revenues rose 28.1% YoY to USD 120 million. Key Highlights – Full Year 2025
Total revenue increased 9.9% YoY to USD 4,399 million.EBITDA rose 18.8% YoY to USD 2,009 million, with EBITDA margin expanding 350 bps to 45.7%.Digital revenues grew 62.5% YoY to USD 759 million, representing 17.3% of Group revenue. Digital EBITDA was USD 207 million, reflecting an EBITDA margin of 27.3%.Financial services revenues grew 34.3% YoY to USD 425 million.Equity free cash flow after leases and licenses reached USD 624 million.Capex amounted to USD 930 million, with LTM capex intensity of 21.2% (16.6% excluding Ukraine).Total cash, cash equivalents and deposits stood at USD 1,734 million, including USD 557 million at headquarters.Net debt (excluding lease liabilities) to EBITDA improved to 1.09x. Capital Allocation and Strategic Developments
VEON maintained disciplined capital allocation, completing its first USD 100 million buyback program (2.14 million ADSs repurchased), and launching a second program on November 14, 2025 (614.5K ADSs repurchased for USD 32.5 million, plus USD 3 million of 2027 Notes, as of 10 March 2026). VEON has adopted a policy framework targeting at least USD 100 million in annual share repurchases, subject to market conditions and Board approval. VEON intends to implement this framework for future buyback programs upon completion of the current USD 100 million program, with all shares repurchased under such future programs to be cancelled.
In March 2026, VEON reached an agreement with the Dhabi Group regarding historical shareholder claims, and will welcome His Highness Sheikh Nahyan bin Mubarak Al Nahyan, as a shareholder in the Company.
Other milestones include:
Successful secondary public offering of Kyivstar shares, raising USD 140 million net proceeds and expanding the investor base.Acquisition of Tabletki.ua, Ukraine’s leading online healthcare marketplace, for USD 160 million, expanding digital healthcare offerings.Transfer of VEON’s ADS listing to the Nasdaq Global Select Market and inclusion in the S&P Global Broad Market Index and MSCI Ukraine Index.Ongoing progress toward acquiring TPL Insurance Limited in Pakistan to bolster digital financial services (expected close mid-2026, subject to approvals).Jazz securing largest allocation with 190 MHz in Pakistan’s mobile spectrum auction in March 2026, reinforcing Jazz’s network leadership and service innovation 2026 Outlook
For 2026, VEON expects:
Total revenue growth of 9%–12% YoY in USD termsEBITDA growth of 7%–10% YoY in USD termsCapex intensity (excluding Ukraine) of 14%–16% Commenting on the results, VEON Group CEO Kaan Terzioglu said
“2025 marked a pivotal inflection point for VEON as a digital operator. For the first time, digital service customers surpassed traditional connectivity subscribers. Resilient core execution, explosive digital growth, especially in financial services, and rigorous cost discipline delivered revenue and EBITDA ahead of forecasts, continuing our track record of keeping the promises we make to investors. Strategic moves like acquiring ride hailing and delivery company Uklon, pharmaceutical and health products marketplace Tabletki.ua, advancing the planned acquisitions of TPL Insurance in Pakistan and classifieds business OLX in Kazakhstan (awaiting regulatory approvals), expanding our Starlink Direct-to-Cell partnership, and strengthening our capital markets profile position us strongly for sustained value creation.”
Additional information
View the full FY25 Earnings Release
View FY25 Results Presentation
View FY25 Factbook
FY25 results conference call
VEON will also host a results conference call with senior management at 16:00 GST (13:00 CET, 8:00 ET) today.
To register and access the event, please click here or copy and paste this link to the address bar of your browser:
Once registered, you will receive registration confirmation on the email address mentioned during registration with the link to access the webcast and dial-in details to listen to the conference call over the phone.
We strongly encourage you to watch the event through the webcast link, but if you prefer to dial in, then please use the dial-in details.
Join the Conversation Live
In addition to the webcast, the conference call will also be livestreamed on YouTube. This option allows you to follow the discussion in real time from any device without the need for registration or dial-in details. Simply click here or copy and paste this link to the address bar of your browser: https://www.youtube.com/live/9JiE8saO38s
Q&A
If you want to participate in the Q&A session, we ask that you select the ‘Yes' option on the ‘Will you be asking questions live on the call?’ dropdown. That will bring you to a page where you can join the Q&A room by clicking 'Connect to meeting’.
You will be brought into a zoom webinar where you can listen to the presentation and once Q&A begins, if you have a question, please use the ‘raise hand button’ on the bottom of your zoom screen. When it is your turn to speak, the moderator will announce your name as well as sending a message to your screen asking you to confirm you want to talk. Once accepted, please unmute your mic and ask your question.
You can also submit your questions prior the webcast event to VEON Investor Relations at [email protected].
About VEON
VEON is a digital operator that provides converged connectivity and digital services to nearly 150 million connectivity and over 135 million digital users. Operating across five countries that are home to more than 6% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information, visit: https://www.veon.com.
Notice to reader
VEON's results and other financial information presented in this document are preliminary and subject to financial closing procedures that have not yet been completed, and are, therefore, subject to change.
This document contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements relating to VEON’s future operating results, targets, or financial positions. Forward-looking statements are not historical facts, and are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not anticipate. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements. There are numerous risks, uncertainties that could cause actual results and performance to differ materially from those expressed by such statements, such as those discussed in the section entitled “Risk Factors” in VEON’s 2024 Form 20-F filed with the SEC on April 25, 2025 and other public filings made by VEON with the SEC. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.
See “Disclaimer and Notice to Readers” in our full 4Q25 Earnings Release for a more fulsome description of the above.
The Oncology Institute, Inc. (TOI) Q4 2025 Earnings Call March 12, 2026 5:00 PM EDT
Company Participants
Mark Hueppelsheuser - General Counsel
Daniel Virnich - CEO & Executive Director
Rob Carter - Chief Financial Officer
Conference Call Participants
David Larsen - BTIG, LLC, Research Division
Yuan Zhi - B. Riley Securities, Inc., Research Division
Matthew Shea - Needham & Company, LLC, Research Division
Presentation
Operator
Greetings, and welcome to The Oncology Institute Fourth Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Mark Hueppelsheuser, General Counsel. Thank you, sir. You may begin.
Mark Hueppelsheuser
General Counsel
The press release announcing The Oncology Institute's results for the fourth quarter of 2025 are available at the Investors section of the company's website, theoncologyinstitute.com. A replay of this call will also be available at the company's website after the conclusion of this call.
Before we get started, I would like to remind you of the company's safe harbor language included within the company's press release for the fourth quarter of 2025. Management may make forward-looking statements, including guidance and underlying assumptions. Forward-looking statements are based on expectations that involve risks and uncertainties that could cause actual results to differ materially. For a further discussion of risks related to our business, see our filings with the SEC.
This call will also discuss non-GAAP financial measures such as adjusted EBITDA and free cash flow. Reconciliation of these non-GAAP measures to the most comparable GAAP measures are included in the earnings release furnished to the SEC and available on our website.
Joining me on the call today are our CEO, Daniel Virnich; and our CFO, Rob Carter. Following our prepared remarks, we'll open up the call for your questions.
With that, I'll turn the call
2026-03-13 04:411mo ago
2026-03-13 00:151mo ago
3 High-Yield Pipeline Stocks to Buy Now and Hold Forever
As the price of oil rises, investors are returning to energy stocks in a big way. There are many great opportunities among regular oil stocks and natural gas stocks. However, midstream plays like pipeline stocks are a strong choice as well, especially for a long-term investment horizon.
Revenue and earnings for pipeline stocks are less volatile than those for exploration and production (E&P) or refining and marketing stocks. At the same time, they are benefiting from long-term growth tailwinds, such as rising demand for natural gas amid the artificial intelligence (AI) data center boom.
In addition to steady, growing bottom lines, pipeline stocks, in particular those that are structured as master limited partnerships (MLPs), pay out almost all of their income in the form of distributions. This gives these stocks high yields, making them attractive to income investors.
Among the scores of high-yield (5% or higher forward dividend yield) pipeline stocks, the following three stand out as strong choices in today's market: Energy Transfer (ET 1.01%), Hess Midstream (HESM 0.90%), and MPLX (MPLX 0.75%).
Image source: Getty Images.
Energy Transfer is poised to profit from AI data center boom Since its founding 30 years ago, Energy Transfer has grown organically and through acquisitions to become one of America's largest midstream energy companies. The MLP owns or has an interest in over 140,000 square miles of midstream energy infrastructure, including 36.4% ownership of the Dakota Access Pipeline, a 50% interest in the Florida Gas Transmission pipeline, as well as extensive holdings within the Permian Basin and other top U.S. oil and gas exploration regions.
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Currently, annual distributions from Energy Transfer give shares a forward yield of 7.3%. The MLP has raised payouts for five years straight after temporarily decreasing them during the pandemic. Despite this blip in its distribution track record, much suggests future payouts will steadily increase over time. For instance, over the past year, distributions have increased by around 3.1%.
Another factor pointing to higher future payouts is Energy Transfer's Hugh Brinson Pipeline, set to open this year. The 442-mile project, connecting oil fields in West Texas to existing pipeline infrastructure in the Dallas-Fort Worth metroplex, stands to provide natural gas not just to electric utilities but also directly to AI data centers as well. As management noted during the latest quarterly earnings conference call, projects like this will help the MLP achieve its long-term distribution growth target of 3% to 5%.
Hess Midstream ranks highly in terms of return on capital Hess Midstream owns pipeline and other midstream assets in the Williston Basin shale oil exploration area of North Dakota. This MLP went public in 2017, and since its IPO, it has never cut its distribution. That's impressive, but that's not the sole reason why you consider it a buy. Currently, shares have a forward distribution yield of around 7.9%.
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38.99
Hess Midstream has consistently increased its payouts over the past nine years. In more recent years, annual distribution growth has been at or near double-digit percentage levels. Yes, based on the latest commentary from management, Hess is only targeting 5% annual distribution growth through 2028.
However, the MLP is returning capital to shareholders in another way besides cash distributions. Recently, Hess Midstream has regularly engaged in share repurchases. In the long term, share repurchases help to increase the underlying per-share value of a stock. They also increase the amount of per-share distributions MLPs can make over time.
MPLX is a high-yielding stock with a strong distribution growth track record Formed in 2012 by Marathon Petroleum, MPLX owns and operates a wide variety of midstream energy assets. Much like Energy Transfer, this MLP has exposure to many of America's largest energy-producing regions, including the Permian Basin and the Marcellus Shale.
Today's Change
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Current Price
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MPLX also has a long track record of distribution growth. Currently, MPLX has 10 consecutive years of distribution growth under its belt. With a forward distribution yield of 7.4%, distribution growth has averaged 11.6% annually over the past decade. Over the past year, distribution growth has been 12.5%.
RBC analyst Elvira Scotto projects that MPLX's anticipated growth for 2026 and 2027 leaves the MLP positioned to continue raising distributions by 12.5% over each of the next two years.
2026-03-13 04:411mo ago
2026-03-13 00:161mo ago
Why Josh Brown sees Starbucks as 'best stock in the market'
After years of underperformance that left investors questioning the “King of Coffee,” Josh Brown is officially ringing the bell for a Starbucks (NASDAQ: SBUX) comeback.
The veteran trader and chief executive of Ritholtz Wealth Management argues that the coffee giant has transitioned from a “fallen angel” into one of the most compelling opportunities in the market right now.
By blending a powerful consumer “drug” with a high-stakes leadership turnaround and a freshly repaired technical chart, Brown sees Starbucks stock’s long winter in the wilderness as finally over, setting the stage for a potential run back toward all-time highs.
Starbucks stock offers ultimate affordable luxuryAt the heart of Brown’s bullish thesis is the sheer indispensability of the Starbucks product.
In an era where investors are increasingly desperate for certainty, SBUX offers a unique form of “sticky” demand that few other retailers can match.
Brown notes that “caffeine is a drug” and that “Starbucks is Scarface” in this analogy – a supreme dealer of a daily necessity. This inherent reliability makes the firm resilient even during economic volatility.
The “daily Starbucks run” has morphed into an “affordable luxury” that consumers refuse to cut – even when tightening their belts elsewhere.
For those invested in SBUX shares, this creates floor of dependability that prizes steady cash flow over erratic growth spurts.
Niccol effect to drive SBUX shares higherThe excitement surrounding Starbucks shares isn’t just about the caffeine; it’s about the “branding superstar” now at the helm.
Brian Niccol – famous for his successful turnarounds at Taco Bell and Chipotle – is implementing a “Back to Starbucks” strategy.
This initiative aims to fix the “eroded value proposition” caused by $8 lattes and a mobile ordering system that previously “destroyed the in-store experience.”
By simplifying the menu and restoring the premium coffeehouse vibe, Niccol is driving a revenue reacceleration.
Brown points out that US transactions grew across all dayparts for the first time in eight quarters, proving that the structural reorganization is finally yielding tangible top-line growth and margin expansion.
A technical breakout from the ‘wilderness’From a technical perspective, Brown believes the “price itself is good enough” to justify the hype.
After years of sideways “chopping,” Starbucks has rebuilt a constructive setup, reclaiming its 200-day moving average (MA) and pushing past the critical $100 pivot level.
Josh Brown observes that SBUX stock is “now pushing into a key breakout area” with momentum indicators like the RSI confirming strength without being overbought.
He announced a $120 price objective – noting that as long as the stock stays above its 50-day MA of about $94, the uptrend remains intact.
For Brown, the risk-reward is now skewed heavily in favour of the bulls as Seattle-headquartered Starbucks Corp enters “open air.”
Q4: 2026-03-12 Earnings SummaryEPS of $0.25 beats by $0.05
|
Revenue of
$123.52M
(8.08% Y/Y)
beats by $934.17K
El Pollo Loco Holdings, Inc. (LOCO) Q4 2025 Earnings Call March 12, 2026 4:30 PM EDT
Company Participants
Ira Fils - Chief Financial Officer
Elizabeth Williams - CEO & Director
Conference Call Participants
Jake Bartlett - Truist Securities, Inc., Research Division
Todd Brooks - The Benchmark Company, LLC, Research Division
Jeremy Hamblin - Craig-Hallum Capital Group LLC, Research Division
Andrew Barish - Jefferies LLC, Research Division
Tania Anderson - William Blair & Company L.L.C., Research Division
Matthew Curtis - D.A. Davidson & Co., Research Division
Presentation
Operator
Good day, ladies and gentlemen, and thank you for standing by. Welcome to the El Pollo Loco Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded today, March 12, 2026.
And now I would like to turn the conference over to Ira Fils, the company's Chief Financial Officer.
Ira Fils
Chief Financial Officer
Thank you, operator, and good afternoon. By now, everyone should have access to our fourth quarter 2025 earnings release, which can be found at elpolloloco.com in the Investor Relations section.
Before we begin our formal remarks, I need to remind everyone that our discussions today will include forward-looking statements, including statements related to our growth opportunities, strategic and operational initiatives, expectations regarding sales and margins, potential changes to our product platforms, capital expenditure plans, the ability of our franchisees to drive growth, expectations regarding commodity and wage inflation, remodel plans and our 2026 guidance, among others.
These forward-looking statements are not guarantees of future performance, and therefore, you should not put undue reliance on them. These statements are also subject to numerous risks and uncertainties that could cause actual results to differ materially from what we currently expect. We refer you to our recent SEC filings, including our Form 10-K for a more detailed discussion of the risks that could impact our
2026-03-13 03:411mo ago
2026-03-12 22:351mo ago
Tree Island Steel Announces Full Year 2025 Results
March 12, 2026 22:35 ET | Source: Tree Island Steel Ltd.
VANCOUVER, British Columbia, March 12, 2026 (GLOBE NEWSWIRE) -- Tree Island Steel (“Tree Island” or the “Company”) (TSX: TSL) today reported its financial results for the year ended December 31, 2025.
For the three-month period ended December 31, 2025, revenues, net of freight and distribution, were $32.4 million, compared with $44.8 million in the same period last year. The decline primarily reflected lower U.S. sales volumes due to the ongoing impact of expanded U.S. tariffs on wire and wire products, as well as the Company’s strategic withdrawal from certain unprofitable product lines. These factors were partially offset by continued growth in Canadian sales, consistent with the Company’s increased focus on domestic markets.
For the full year, revenues totaled $161.8 million, down from $207.0 million in 2024. Despite higher average selling prices, gross profit declined to $9.5 million from $11.8 million, and adjusted EBITDA decreased to $3.0 million from $4.3 million, reflecting lower sales and production volumes. During the year, the Company implemented cost-management initiatives, including a 27% workforce reduction, to mitigate the impact of reduced volumes.
“We continue to focus on strengthening our position in the Canadian market as we navigate the challenges posed by U.S. tariffs,” said Nancy Davies, Chief Operating Officer of Tree Island Steel.
The Company paid quarterly dividends of $0.015 per share during 2025 and has elected to suspend dividend payments in 2026 in light of ongoing economic uncertainty.
RESULTS FROM OPERATIONS Three Months Ended
Year Ended
($'000 unless otherwise stated)December 31,
December 31,
2025 2024* 2025 2024* Revenue34,312 47,856 170,830 221,111 Freight and distribution costs(1,866) (3,018) (9,017) (14,120) Subtotal32,446 44,838 161,813 206,991 Cost of sales(31,246) (43,134) (146,845) (189,733) Depreciation(1,366) (1,406) (5,518) (5,473) Gross profit (loss)(166) 298 9,450 11,785 Selling, general and administrative expenses(2,791) (3,455) (12,143) (13,474) Operating Loss(2,957) (3,157) (2,693) (1,689) Foreign exchange gain47 19 200 470 Gain (Loss) on disposition of property, plant and equipment(37) 7 (129) 7 Other expenses(899) - (1,648) (44) Interest income84 36 181 452 Financing expenses(679) (533) (2,354) (2,321) Loss before income taxes(4,441) (3,628) (6,443) (3,125) Income tax recovery (expense)1,115 185 1,115 (973) Net Loss(3,326) (3,443) (5,328) (4,098) Net loss per share(0.13) (0.13) (0.21) (0.16) Dividends per share0.015 0.03 0.06 0.12 December 31, December 31, Financial position as at: 2025 2024 Total assets 154,880 168,817 Total non-current financial liabilities 28,073 31,244 Adjusted EBITDA Three Months Ended Year Ended ($'000 unless otherwise stated)December 31, December 31, 2025 2024* 2025 2024* Operating loss(2,957) (3,157) (2,693) (1,689) Add back depreciation1,366 1,406 5,518 5,473 Foreign exchange gain47 19 200 470 Adjusted EBITDA1(1,543) (1,732) 3,025 4,254 *Certain comparative figures for the year ended December 31, 2024 have been revised to reflect adjustments as described in Financial Note 2.4.
1 See definition on Adjusted EBITDA in Section 2 NON-IFRS MEASURES of the December 31, 2025, MD&A.
About Tree Island Steel
Tree Island Steel, headquartered in Richmond, British Columbia since 1964, through its operating facilities in Canada and the United States, produces wire products for a diverse range of industrial, residential construction, commercial construction and agricultural applications. Its products include galvanized wire, bright wire; a broad array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products; concrete reinforcing mesh; fencing and other fabricated wire products. The Company markets these products under the Tree Island®, Halsteel®, K-Lath®, TI Wire®, ToughStrand® and ToughPanel® brand names.
Forward-Looking Statements
This press release includes forward-looking information with respect to Tree Island including its business, operations and strategies, its dividend policy and the declaration and payment of dividends thereunder as well as financial performance and conditions. The use of forward-looking words such as, "may," "will," "expect" or similar variations generally identify such statements. Any statements that are contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Although management believes that expectations reflected in forward-looking statements are reasonable, such statements involve risks and uncertainties including risks and uncertainties discussed under the heading “Risks Relating to Our Business” in Tree Island’s most recent annual information form and management discussion and analysis.
The forward-looking statements contained herein reflect management’s current beliefs and are based upon certain assumptions that management believes to be reasonable based on the information currently available to management. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and a number of factors could cause actual events or results to differ materially from the results discussed in the forward-looking statements. In evaluating these forward-looking statements, shareholders should specifically consider various factors including the risks outlined herein and under the heading “Risk Relating to Our Business” in the recent annual information form, which may cause actual results to differ materially from any forward-looking statement. Such risks and uncertainties include, but are not limited to: general economic, market and business conditions, public health epidemics, the economy and potentially its supply chain, the cyclical nature of our business and demand for our products, the impact of any tax reassessments or appeals therefrom, financial condition of our customers, competition, deterioration in Tree Island Steel’s liquidity, leverage, and restrictive covenants, disruption in the supply of raw materials, volatility in the costs of raw materials, dependence on the construction industry, transportation costs and availability, foreign exchange fluctuations, labour relations, trade actions, dependence on key personnel and skilled workers, reliance on key customers, environmental matters, physical impacts of extreme weather conditions, intellectual property risks, energy costs, un-insured loss, credit risk, operating risk, product liability risks, management of growth, success of acquisition and integration strategies, and other risks and uncertainties set forth in our publicly filed materials.
This press release has been reviewed by the Company's Board of Directors and its Audit Committee and contains information that is current as of the date of this press release, unless otherwise noted. Events occurring after that date could render the information contained herein inaccurate or misleading in a material respect. Readers are cautioned not to place undue reliance on this forward-looking information and the management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise except as required by applicable securities laws.
2026-03-13 03:411mo ago
2026-03-12 22:391mo ago
Land & Buildings Loads Up National Affiliates Storage Trust With 1.3 Million Shares
On February 17, 2026, Land & Buildings Investment Management, LLC disclosed a new position in National Storage Affiliates Trust (NSA 2.27%).
What happenedAccording to a SEC filing dated February 17, 2026, Land & Buildings Investment Management, LLC initiated a new position in National Storage Affiliates Trust (NSA 2.27%), purchasing 1,314,463 shares. The estimated transaction value was $37.08 million based on the average share price during the quarter. The stake’s quarter-end value also stood at $37.08 million, reflecting both the acquisition and market pricing.
What else to knowThis was a new position for the fund, accounting for 6.16% of its 13F reportable assets under management as of December 31, 2025.Top holdings after the filing:NYSE:CSR: $55.27 million (9.19% of AUM)NYSE:FR: $52.26 million (8.69% of AUM)NYSE:AHR: $49.56 million (8.24% of AUM)NASDAQ:EQIX: $44.37 million (7.38% of AUM)NYSE:VTR: $39.09 million (6.50% of AUM)As of February 17, 2026, shares were priced at $34.07, down 8.86% over the past year and underperforming the S&P 500 by 19.87 percentage points.Company OverviewMetricValueRevenue (TTM)$752.93 millionNet Income (TTM)$116.27 millionDividend Yield6.69%Company SnapshotOwns, operates, and acquires self-storage properties across major U.S. metropolitan areas, generating revenue primarily from rental income and related services.Operates as a real estate investment trust (REIT), aggregating self-storage assets to achieve scale, operational efficiency, and consistent cash flow generation.Targets individuals and businesses seeking secure, flexible storage solutions in densely populated urban and suburban markets.National Storage Affiliates Trust is a leading self-storage REIT with a diversified portfolio spanning over 35 states and Puerto Rico. The company's strategy centers on consolidating fragmented self-storage markets and leveraging operational expertise to drive stable rental income. Its scale and focus on high-demand metropolitan areas provide a competitive advantage in capturing long-term growth opportunities within the storage sector.
What this transaction means for investorsNational Affiliates Storage Trust became Land & Buildings Investment Management’s sixth-largest position by virtue of this investment, made entirely in the fourth quarter of 2025.
As the fund’s name implies, it focuses on real estate investment trusts, or at least stocks with a tie to the real estate industry.
Although filings do not mention why the fund bought this stock, there are few plausible reasons to buy that do not imply bullishness in the stock.
The stock trades at an approximate 50% discount from its five-year high. Moreover, the REIT has approved periodic but modest payout hikes over the last few years. Currently, it pays shareholders $2.28 per share annually, and the dividend yield of 6.69% is far above market averages.
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Additionally, the self-storage REIT industry grows at a compound annual growth rate (CAGR) of 6%, according to Grand View Research. Although National Affiliates Storage Trust is unlikely to excite investors, it appears well-positioned to deliver steady returns and possibly some stock price growth over time.
Will Healy has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Equinix. The Motley Fool has a disclosure policy.
2026-03-13 03:411mo ago
2026-03-12 22:401mo ago
Santacruz Silver: Growth Catalyst And Undervaluation Make It A Cautious Buy
Analyst’s Disclosure: I/we have a beneficial long position in the shares of SVM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-13 03:411mo ago
2026-03-12 22:441mo ago
U.S. launches rescue efforts after military refueling plane crashes over Iraq
The U.S. military said Thursday that a KC-135 military refueling plane was lost while flying over Iraq in an incident that was "not due to hostile or enemy fire."
The U.S. Central Command said in a statement that the incident involved two aircraft and occurred in friendly airspace. One of the aircraft went down in western Iraq, and the second landed safely, it added.
"The incident occurred in friendly airspace during Operation Epic Fury, and rescue efforts are ongoing, the the U.S. Central Command said, referring to the war against Iran, which led to retaliatory strikes by Tehran across the Middle East.
It was unclear how many U.S. service members were on board the KC-135 refueling aircraft that crashed.
The Islamic Resistance in Iraq, a group of militias in the country backed by Iran, claimed responsibility for the downing of the U.S. aircraft in a statement posted on its Telegram channel.
This is the fourth reported aircraft loss since the Iran war started, after three F-15 fighters were shot down by friendly fire from Kuwait's air defenses.
The KC-135, which cost $39.6 million in 1998 according to the U.S. Air Force, is normally used to refuel other aircraft in mid-air.
U.S. will be 'sorry'The aircraft loss comes as Iran's security chief, Ali Larijani, said Tehran would make the U.S. "sorry" for starting the war in Iran.
"Trump says he is looking for a speedy victory. While starting a war is easy, it cannot be won with a few tweets," Larijani said in a post on X early Friday.
His statement followed remarks by Iran's new supreme leader, Mojtaba Khamenei, that the Strait of Hormuz maritime passage should remain closed as a "tool to pressure the enemy."
Khamenei also said all U.S. military bases in the Middle East should close immediately and warned that "those bases will be attacked," in televised comments translated by Reuters.
Despite U.S. President Donald Trump claiming that "we won" in Iran and that the war will end "very soon," more foreign ships were struck in the Persian Gulf on Thursday.
Iran also warned that oil prices could climb to $200 a barrel, accusing the U.S. of destabilising regional security, Ebrahim Zolfaqari, spokesperson for Iran's military command, said Wednesday, according to Reuters.
— CNBC's Sam Meredith and Holly Ellyatt contributed to this report.
Shares of Petco (WOOF +34.38%) surged on Thursday after the pet food purveyor reported strong profit gains and issued an upbeat forecast for the year ahead.
Image source: Getty Images.
A renewed focus on profitability Petco's net sales declined by 2.4% year over year to $1.5 billion in its fiscal 2025 fourth quarter, which ended on Jan. 31. The pet supplies retailer closed seven underperforming stores during the quarter, placing its total at 1,382 locations at the end of January.
Comparable sales, which measure revenue at stores open for at least one year, fell 1.6%, as Petco pared back some lower-margin products.
Today's Change
(
34.38
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0.82
Current Price
$
3.23
Yet while Petco's efficiency initiatives contributed to a dip in sales, they also helped to drive its profit margins sharply higher. The pet care provider's operating income soared 83% to $32 million.
Petco's cash generation also improved markedly over the course of 2025. The company's full-year free cash flow rocketed 276% higher to $187 million. That enabled Petco to bolster its cash reserves while also paying down debt.
A return to growth Petco sees its net sales growing by up to 1.5% in 2026, even as it closes an additional 15 to 20 stores.
"We are confident that our focus on driving product newness and innovation, as well as leveraging our differentiated, high-touch store ecosystem, will help us to grow market share," CEO Joel Anderson said.
Investors are clearly enthused by Petco's improved profitability, but long-term profit gains will require rising sales at existing stores. Fortunately, management expects just that.
"Our outlook reflects our strategic initiatives and assumes a return to positive comps in 2026," Anderson said.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
2026-03-13 03:411mo ago
2026-03-12 22:491mo ago
Daqo New Energy: Why Now Is The Time To Bet On A Turnaround
Analyst’s Disclosure: I/we have a beneficial long position in the shares of DQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-13 03:411mo ago
2026-03-12 22:511mo ago
BlackBerry Now Looks Attractive As QNX Expands Beyond Automotive
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-13 03:411mo ago
2026-03-12 22:581mo ago
ROSEN, LEADING INVESTOR COUNSEL, Encourages Aquestive Therapeutics, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - AQST
New York, New York--(Newsfile Corp. - March 12, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Aquestive Therapeutics, Inc. (NASDAQ: AQST) between June 16, 2025 and January 8, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 4, 2026.
SO WHAT: If you purchased Aquestive securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Aquestive class action, go to https://rosenlegal.com/submit-form/?case_id=55756 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose the true state of Aquestive's New Drug Application ("NDA") for Anaphylm; pertinently, Aquestive concealed or otherwise minimized the significance of the human factors involved in the use and deployment of its sublingual film, such as packaging, use, administration, and labeling. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Aquestive class action, go to https://rosenlegal.com/submit-form/?case_id=55756 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288288
Source: The Rosen Law Firm PA
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2026-03-13 03:411mo ago
2026-03-12 22:581mo ago
Is Fastly Stock a Buy or Sell After an Insider Dumped Company Shares Worth $1.6 Million?
Scott Lovett, Fastly's President of Go to Market, sold 73,715 shares for ~$1.55 million on March 4, 2026, at a weighted average price around $21.06 per share. This represented 4.46% of Lovett's direct holdings at the time, reducing direct ownership to 1,580,513 shares post-transaction.
2026-03-13 03:411mo ago
2026-03-12 23:001mo ago
China's ByteDance Gets Access to Top Nvidia AI Chips
TikTok's parent company has global ambitions to compete with companies such as Google and OpenAI by offering a range of AI applications for everyday users.
Heritage Global Inc. (HGBL) Q4 2025 Earnings Call March 12, 2026 5:00 PM EDT
Company Participants
Ross Dove - President, CEO & Director
Brian Cobb - Chief Financial Officer
Conference Call Participants
John Nesbett - Institutional Marketing Services, Inc.
Mark Argento - Lake Street Capital Markets, LLC, Research Division
George Sutton - Craig-Hallum Capital Group LLC, Research Division
Presentation
Operator
Hello, and welcome, everyone, joining today's Heritage Global Inc. Fourth Quarter 2025 and Year-End Conference. [Operator Instructions] Please note this call is being recorded and we are standing by should you need any assistance. It is now my pleasure to turn the meeting over to John Nesbett of IMS Investor Relations. Please go ahead.
John Nesbett
Institutional Marketing Services, Inc.
Thank you, and good afternoon, everyone. Before we begin, I'd like to remind everyone that this conference call contains forward-looking statements based on our current expectations and projections about future events and are subject to change based on various important factors. In light of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements, which speak only as of the date of this call.
For more details on factors that could affect these expectations, please see our filings with the Securities and Exchange Commission. Now I'd like to turn the call over to Heritage Global's Chief Executive Officer, Mr. Ross Dove. Ross, go ahead.
Ross Dove
President, CEO & Director
Thank you, John, and welcome, everyone, to the call. We're glad to have you. Just a few brief comments before I turn it over to Brian to drill down on the quarter and the year. 2025 is in our rearview mirror. It was a good profitable year with lots of transactions, but just no needle movers. Some years, you want to never end, but there are years where saying goodbye feels more than ready. 2025 felt mostly like we
2026-03-13 03:411mo ago
2026-03-12 23:031mo ago
BRBR IMPORTANT DEADLINE: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages BellRing Brands, Inc. Investors to Secure Counsel Before Important March 23 Deadline in Securities Class Action - BRBR
New York, New York--(Newsfile Corp. - March 12, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of BellRing Brands, Inc. (NYSE: BRBR) between November 19, 2024 and August 4, 2025, both dates inclusive (the "Class Period"), of the important March 23, 2026 lead plaintiff deadline.
SO WHAT: If you purchased BellRing securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the BellRing class action, go to https://rosenlegal.com/submit-form/?case_id=51444 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 23, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, BellRing develops, markets, and sells "convenient nutrition" products such as ready-to-drink ("RTD") protein shakes primarily under the brand name Premier Protein. During the Class Period, defendants represented that sales growth reflected increased end-consumer demand, attributing results to "organic growth," "distribution gains," "incremental promotional activity," and "[s]trong macro tailwinds around protein" among other factors. At the same time, defendants downplayed the impact of competition on demand, insisting BellRing was not experiencing any significant changes in competition, and that in the RTD category particularly, BellRing possessed a "competitive moat," given that "the ready-to-drink category is just highly complex" and the products are "hard to formulate." As alleged, in truth, BellRing's reported sales during the Class Period were driven by its key customers stockpiling inventory and did not reflect increased end-consumer demand or brand momentum. Following the destocking, BellRing admitted that competitive pressures were materially weakening demand. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the BellRing class action, go to https://rosenlegal.com/submit-form/?case_id=51444 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288290
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Contact Us
2026-03-13 03:411mo ago
2026-03-12 23:051mo ago
INVESTOR NOTICE: Snowflake Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
, /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Snowflake Inc. (NYSE: SNOW) Class A common stock between June 27, 2023 and the close of market on February 28, 2024 (4:00 p.m. EST), inclusive (the "Class Period"), have until April 27, 2026 to seek appointment as lead plaintiff of the Snowflake class action lawsuit. Captioned Patel v. Snowflake Inc., No. 26-cv-01613 (N.D. Cal.), the Snowflake class action lawsuit charges Snowflake and certain of Snowflake's former top executives with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Snowflake class action lawsuit, please provide your information here:
You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].
CASE ALLEGATIONS: Snowflake provides a cloud-based data platform for various organizations.
The Snowflake class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) product efficiency gains, Iceberg Tables, and tiered storage pricing were expected to have a material negative impact on consumption and revenues; and (ii) the headwinds caused by product efficiency gains, Iceberg Tables, and tiered storage pricing put Snowflake's ability to reach $10 billion in revenue and product revenue in 2029 in doubt.
The Snowflake class action lawsuit further alleges that on February 28, 2024, Snowflake announced its financial results for the quarter ended January 31, 2024 and full fiscal year 2024, disclosing that Snowflake was forecasting increased revenue headwinds associated with product efficiency gains, tiered storage pricing, and the expectation that some of Snowflake's customers will leverage Iceberg Tables for their storage. On this news, the price of Snowflake Class A common stock fell more than 18%, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Snowflake Class A common stock during the Class Period to seek appointment as lead plaintiff in the Snowflake class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Snowflake investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Snowflake shareholder class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Snowflake class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-13 03:411mo ago
2026-03-12 23:091mo ago
WuXi Biologics Wins Multiple Asia-Pacific Biopharma Excellence Awards for Leadership in Bioprocessing, Manufacturing Excellence, and Digital Innovation
, /PRNewswire/ -- WuXi Biologics ("WuXi Bio") (2269.HK), a leading global Contract Research, Development and Manufacturing Organization (CRDMO), announced that it has won six prestigious awards and two individual leadership awards at the 2026 Asia-Pacific Biopharma Excellence Awards (ABEA), achieving a historic record for the most accolades received in a single year. These recognitions underscore the company's sustained leadership in end‑to‑end biologics development and manufacturing capabilities, digital innovation and operational excellence.
WuXi Biologics was named the winner in the following categories:
Best Contract Development & Manufacturing Organization Award Best Aseptic Fill-Finish & Packaging CMO of the Year Bioprocessing Excellence in Asia Bioprocessing Excellence in China Bioprocessing Facility of the Year Excellence in Bioprocessing Automation & Digitalization In addition to corporate honors, Dr. Sherry Gu, Chief Technology Officer, Executive Vice President, was named CTO of the Year, in recognition of her outstanding vision, technological innovation, and leadership in advancing biologics development and bioprocessing excellence, and Dr. Jeremy Guo, Head of Global Drug Product Operations, Senior Vice President, received the award of Head of Fill-Finish & Formulation of the Year, honoring his remarkable expertise and dedication in driving high-quality, compliant, and reliable drug product manufacturing and aseptic processing capabilities.
Dr. Chris Chen, Chief Executive Officer of WuXi Biologics, stated, "We are honored to receive this unprecedented number of awards at the 2026 Asia-Pacific Biopharma Excellence Awards. These accolades reflect the trust of our global partners, the expertise of our team, and our unwavering commitment to quality, innovation, and operational excellence. As we continue to scale our integrated CRDMO platform, advance digital and intelligent bioprocessing and manufacturing, we remain committed to accelerating our partners' innovative therapies to patients worldwide."
This year's awards further validate WuXi Biologics' leading position as the partner of choice for biopharma innovators and multinational corporations worldwide. The company has 945 integrated projects on its platform, making it one of the world's largest portfolios of complex biologics. Among them, nearly 50% are bi- and multi-specific antibodies and ADCs. It continues to expand its integrated services through new technology solutions that accelerate timelines, improve product quality and ensure scalable manufacturing. In 2025, the company launched WuXia™ TrueSite, its industry-leading targeted integration-based CHO cell line platform, achieving average mAb titers over 8.0 g/L and outstanding expression stability through 60 generations. It has also advanced its high-dose delivery technologies into clinical and commercial use, including its high-throughput formulation development platform WuXiHigh™, which enables protein concentrations of up to 230mg/mL and achieves viscosity reduction by up to 90%.
Building on its innovative technology platforms, WuXi Biologics consistently leads the industry in manufacturing and bioprocessing excellence. The company has achieved a 100% success rate in PPQ campaigns. It has delivered more than 350 large‑scale batches (6,000 L – 16,000 L per batch) for global partners since 2017. The strong manufacturing track record is underpinned by WuXi Biologics' rigorous, global quality system. As of the end of 2025, the company had successfully passed 46 regulatory inspections, including 22 inspections conducted by the FDA and EMA. The company also holds an industry-leading record with a 100% pass rate for FDA Pre-License Inspection (PLI). Currently, the company operates 15 GMP-certified drug substance and drug product facilities within its global network, with 136 facility license approvals and a 100% success in GMP inspections. Its world-class quality and compliance capabilities remain the cornerstone of clients' trust.
WuXi Biologics is also pioneering digital innovation to transform biologics research, development and manufacturing. It has integrated digital innovation across end-to-end R&D, manufacturing, operations, and customer engagement, driving faster timelines, superior quality, and full partnership transparency. By leveraging digital manufacturing solutions, such as Electronic Batch Record (EBR), the company has driven an approximately 40% productivity gain and consistent data integrity and high product quality, while its advanced planning systems have delivered about a 20% improvement in efficiency. Recently, WuXi Biologics launched the industry-leading digital twin platform PatroLabTM to enhance process performance, minimize process risks, shorten development timelines, and ensure consistent, high-quality biologics manufacturing.
Presented by IMAPAC, the Asia-Pacific Biopharma Excellence Awards honor outstanding innovation, operational rigor, and industry leadership across bioprocessing, supply chain, ADC development, and clinical development. Recognizing the remarkable contributions of leading biopharma professionals, organizations, and technologies, the awards spotlight trailblazing leaders and trendsetters shaping the industry's future while inspiring innovation for tomorrow's biopharma landscape.
About WuXi Biologics
WuXi Biologics (stock code: 2269.HK) is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide.
With over 12,000 skilled employees in China, the United States, Ireland, Germany, Singapore and Qatar, WuXi Biologics leverages its technologies and expertise to provide customers with efficient and cost-effective biologics discovery, development and manufacturing solutions. As of December 31, 2025, WuXi Biologics is supporting 945 integrated client projects, including 74 in Phase III and 25 in commercial manufacturing.
WuXi Biologics regards sustainability as the cornerstone of long-term business growth. The company continuously drives green technology innovations to offer advanced end-to-end Green CRDMO solutions for its global partners while consistently achieving excellence in Environment, Social and Governance (ESG). Committed to creating shared value, it collaborates with all stakeholders to foster positive social and environmental impacts and promote responsible practices that empower the entire value chain.
For more information about WuXi Biologics, please visit: www.wuxibiologics.com.
Contacts
Media
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Business
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SOURCE WuXi Biologics
2026-03-13 03:411mo ago
2026-03-12 23:101mo ago
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Boston Scientific Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - BSX
New York, New York--(Newsfile Corp. - March 12, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Boston Scientific Corporation (NYSE: BSX) between July 23, 2025 and February 3, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 4, 2026.
SO WHAT: If you purchased Boston Scientific common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Boston Scientific class action, go to https://rosenlegal.com/submit-form/?case_id=55398 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants made positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Boston Scientific's U.S. Electrophysiology segment; notably, that management was aware that the segment's growth rate was unsustainable and that it was approaching an earlier tipping point than the market was anticipating. Due to defendants' statements of confidence and lofty expectations, investors and analysts were left surprised by Boston Scientific's net income miss and underwhelming guidance for the first half of fiscal 2026. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Boston Scientific class action, go to https://rosenlegal.com/submit-form/?case_id=55398 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288294
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Contact Us
2026-03-13 03:411mo ago
2026-03-12 23:131mo ago
China's ByteDance gets access to top Nvidia AI chips, WSJ reports
Item 1 of 2 ByteDance logo is seen in this illustration taken February 8, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
[1/2]ByteDance logo is seen in this illustration taken February 8, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab
March 12 (Reuters) - TikTok's Chinese parent ByteDance is assembling computing power with high-end Nvidia (NVDA.O), opens new tab chips outside China, the Wall Street Journal reported on Thursday.
ByteDance is working with Southeast Asian firm Aolani Cloud to deploy about 500 Nvidia Blackwell computing systems in Malaysia, totalling roughly 36,000 B200 chips, the report said, citing people familiar with the matter.
The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-13 03:411mo ago
2026-03-12 23:211mo ago
ROSEN, LEADING INVESTOR COUNSEL, Encourages Plug Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - PLUG
New York, New York--(Newsfile Corp. - March 12, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Plug Power Inc. (NASDAQ: PLUG) between January 17, 2025 and November 13, 2025, inclusive (the "Class Period"), of the important April 3, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Plug Power securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants had materially overstated the likelihood that funds attributed to the U.S. Department of Energy's Loan would ultimately become available to Plug Power, and/or that Plug Power would ultimately construct the hydrogen production facilities necessary to receive those funds; (2) as such, Plug Power was likely to pivot toward more modest projects with less commercial upside; and (3) as a result, Plug Power's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Plug Power class action, go to https://rosenlegal.com/submit-form/?case_id=1011 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288310
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Contact Us
2026-03-13 03:411mo ago
2026-03-12 23:231mo ago
The Pentagon Dealmaker Who Has Become Anthropic's Nemesis
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.