mj0007/iStock via Getty Images The U.S.-Israel-Iran conflict could disrupt the supply of chipmaking materials and push electricity costs higher, a South Korean lawmaker warned on Thursday, according to multiple media reports. "The semiconductor industry expressed concerns that rising oil prices could lead to higher electricity costs domestically, which could ultimately undermine the price competit...
mj0007/iStock via Getty Images The U.S.-Israel-Iran conflict could disrupt the supply of chipmaking materials and push electricity costs higher, a South Korean lawmaker warned on Thursday, according to multiple media reports. "The semiconductor industry expressed concerns that rising oil prices could lead to higher electricity costs domestically, which could ultimately undermine the price competitiveness of semiconductors," lawmaker Kim Young-bae said after meeting with executives from companies such as Samsung Electronics ( SSNLF ) and SK Hynix ( HXSC.F ). Kim said South Korean companies source key chipmaking materials from the Middle East, like helium, and any supply disruption will impact chip production. "Logistics and transportation expenses will likely be the biggest issues rising from the situation in the Middle East," he said. South Korea is "highly dependent" on the Middle East for 14 items used in chipmaking, including helium, bromine and chip inspection equipment, its industry ministry said . Some of these can be sourced domestically or from other countries. But 54% of its naphtha imports travel through the Strait of Hormuz, and supplies could be hit if the Iran conflict is prolonged. South Korea sources 70% of its oil from the Middle East. The government said it has enough oil reserves for now, but it plans to secure alternative supplies. Lawmaker Kim said he is working on a proposal to deploy the reserves as needed for each industry. Some chipmakers are downplaying supply concerns. SK Hynix (HSXC.F) told Reuters it has "long secured diverse supply chains and sufficient inventory" of helium, because of which "there is almost no chance that the company will be affected." Samsung ( SSNLF ), South Korea's largest chipmaker, declined to comment. Taiwan Semiconductor Manufacturing said it does not expect any significant impact currently, and continues to closely monitor the situation. Contract chipmaker GlobalFoundries ( GFS ) said it is "in direct contact ...
Key Points Investors continue to digest Intel's fourth-quarter earnings report. Revenue guidance for the current quarter was weak compared to analysts' consensus expectations. The chipmaker's foundry business lost $2.5 billion in Q4. These 10 stocks could mint the next wave of millionaires › After years of struggle for Intel (NASDAQ: INTC), its 84% stock price surge in 2025 offered shareholders so...
Key Points Investors continue to digest Intel's fourth-quarter earnings report. Revenue guidance for the current quarter was weak compared to analysts' consensus expectations. The chipmaker's foundry business lost $2.5 billion in Q4. These 10 stocks could mint the next wave of millionaires › After years of struggle for Intel (NASDAQ: INTC), its 84% stock price surge in 2025 offered shareholders some confidence that a turnaround was taking shape at the chipmaker. Investors were looking for signs that its momentum could carry over into 2026, but Intel's shares dropped by 6.5% in February, showing how quickly confidence can shift. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Here's what made the market reevaluate the situation. The Intel slump On its fourth-quarterearnings callin January, Intel worried investors with the guidance it offered for the current quarter. For Q1, management forecast that its revenue will be between $11.7 billion and $12.7 billion. The first quarter has historically been a seasonally weaker period for Intel, but as management noted, the $12.2 billion midpoint of that guidance range would be on the low side even relative to that standard. While Wall Street analysts' $12.6 billion consensus estimate fell within the guidance range, the midpoint sat below it, which contributed to investor worry. Another thing that investors remain concerned about is Intel's ability to position itself as a go-to chipmaker for other companies. Its foundry business lost $2.5 billion in Q4, and CEO Lip-Bu Tan warned shareholders that it will not be an easy road ahead: "As I have said before, building a foundry business will take time and considerable effort and resources," he said during theearnings conference call All of those concerns from the January earnings report followed Intel stock into F...
After years of struggle for Intel (NASDAQ: INTC), its 84% stock price surge in 2025 offered shareholders some confidence that a turnaround was taking shape at the chipmaker. Investors were looking for signs that its momentum could carry over into 2026, but Intel's shares dropped by 6.5% in February, showing how quickly confidence can shift. Will AI create the world's first trillionaire? Our team j...
After years of struggle for Intel (NASDAQ: INTC), its 84% stock price surge in 2025 offered shareholders some confidence that a turnaround was taking shape at the chipmaker. Investors were looking for signs that its momentum could carry over into 2026, but Intel's shares dropped by 6.5% in February, showing how quickly confidence can shift. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Here's what made the market reevaluate the situation. Source image: Getty Images. The Intel slump On its fourth-quarter earnings call in January, Intel worried investors with the guidance it offered for the current quarter. For Q1, management forecast that its revenue will be between $11.7 billion and $12.7 billion. The first quarter has historically been a seasonally weaker period for Intel, but as management noted, the $12.2 billion midpoint of that guidance range would be on the low side even relative to that standard. While Wall Street analysts' $12.6 billion consensus estimate fell within the guidance range, the midpoint sat below it, which contributed to investor worry. Another thing that investors remain concerned about is Intel's ability to position itself as a go-to chipmaker for other companies. Its foundry business lost $2.5 billion in Q4, and CEO Lip-Bu Tan warned shareholders that it will not be an easy road ahead: "As I have said before, building a foundry business will take time and considerable effort and resources," he said during the earnings conference call. All of those concerns from the January earnings report followed Intel stock into February. The slump we're seeing now could continue through March as well, as it may take a piece of unexpected good news to offset shareholders' currently muted expectations and change the stock's trajectory. We just issued 'double down' alerts on 3 stocks — fi...
Futs Jump On Reports About Iran's Willingness To Give Up Uranium Stockpile U.S. equity futures jumped around 4:00 a.m. ET after Bloomberg News reported that Iran had previously signaled a willingness to surrender its highly enriched uranium stockpiles in high-stakes negotiations, just before the U.S. launched Operation Epic Fury. Although the Bloomberg story relates to last week's U.S.-Iran develo...
Futs Jump On Reports About Iran's Willingness To Give Up Uranium Stockpile U.S. equity futures jumped around 4:00 a.m. ET after Bloomberg News reported that Iran had previously signaled a willingness to surrender its highly enriched uranium stockpiles in high-stakes negotiations, just before the U.S. launched Operation Epic Fury. Although the Bloomberg story relates to last week's U.S.-Iran developments, the market is extremely sensitive to headlines - even old ones - and that was enough to send S&P 500 E-mini futures surging, erasing earlier losses and now flat. Nasdaq futures are also little changed. Main U.S. equity futures indexes Here's what Bloomberg reported: Iran told the U.S. in recent nuclear negotiations that its stockpile of highly enriched uranium "is the result of our practical achievements and that we are ready to get rid of it, provided we get something good in return," the state-run Islamic Republic News Agency cited Deputy Foreign Minister Majid Takht-Ravanchi as saying. Bear in mind this news is 'old' (we reported on Friday), but for it to repeated no in public is very different from saying it in private a week ago... Absolutely huge late Friday developing news, if it's confirmed and assuming it sticks, via CBS : "Iran has agreed to give up its stockpile of enriched material - zero accumulation - and allow for full verification by the IAEA of its nuclear program according to US-Iran talks mediator, Oman's foreign minister Badr al Busaidi." The Iranian side also seems to be confirming its willingness to make this significant concession, also to stave off a massive US attack, given the immense build-up of Pentagon assets in the region. According to more breaking details via CBS : Negotiators from the U.S. and Iran have made "substantial progress" toward a deal to curb Iran's nuclear program, Omani Foreign Minister Badr Albusaidi told CBS News on Friday, as President Trump considers strikes on Iran. Albusaidi — who has mediated several rounds of U.S....
At the end of February, a report by the Women and Equalities Committee recommend that “high harm” procedures such as the liquid Brazilian butt lift (BBL) should be banned. The government is “not moving quickly enough”, MPs said, stressing the need for a licensing system for non-surgical cosmetic procedures, noting that a “lack of timely action is fostering complacency in self-regulation” within th...
At the end of February, a report by the Women and Equalities Committee recommend that “high harm” procedures such as the liquid Brazilian butt lift (BBL) should be banned. The government is “not moving quickly enough”, MPs said, stressing the need for a licensing system for non-surgical cosmetic procedures, noting that a “lack of timely action is fostering complacency in self-regulation” within the industry. The report warned of a wild west in which procedures have reportedly taken place in Airbnbs, hotel rooms, garden sheds and public toilets. Individuals without any formal training can carry out potentially harmful interventions, placing the public at risk, MPs concluded. Share your experiences as a practitioner or someone who has tried this procedure. Share your experience You can share your experience using this form. Please share your story if you are 18 or over, anonymously if you wish. For more information please see our terms of service and privacy policy Tell us here Your responses, which can be anonymous, are secure as the form is encrypted and only the Guardian has access to your contributions. We will only use the data you provide us for the purpose of the feature and we will delete any personal data when we no longer require it for this purpose. For alternative ways to get in touch securely please see our tips guide Name Where do you live? Tell us a bit about yourself (e.g. age, background, what you do) Optional Share your experiences as a practitioner or someone who has tried the procedure Please include as much detail as possible. If you are happy to, please upload a photo of yourself here Optional Please note, the maximum file size is 5.7 MB . Choose file Can we publish your response? Yes, entirely Yes, but contact me first Yes, but please keep me anonymous No, this is information only Phone number Optional Your contact details are helpful so we can contact you for more information. They will only be seen by the Guardian. Email address Your contact d...
A crisp morning in Launceston, an ancient capital of Cornwall, and the town was humming as St Piran’s Day celebrations got into full swing. Children paraded and danced, songs were sung, speeches made and the odd tear was shed as people gathered to celebrate all things Cornish. The day has become a highlight of the spring in the far south-west of Britain, a chance to celebrate a patron saint but, p...
A crisp morning in Launceston, an ancient capital of Cornwall, and the town was humming as St Piran’s Day celebrations got into full swing. Children paraded and danced, songs were sung, speeches made and the odd tear was shed as people gathered to celebrate all things Cornish. The day has become a highlight of the spring in the far south-west of Britain, a chance to celebrate a patron saint but, perhaps more than that, to think about what it is to be Cornish in the 21st century. “It’s a brilliant day,” said Launceston’s mayor, Nicola Gilbert, born and bred in Cornwall. “We’re very patriotic here, proud of who we are. We tend to get forgotten – we’re at the other end of the country. But we don’t forget who we are.” The modern incarnation of St Piran’s Day is going from strength to strength and while 5 March is the actual date, the event sprawls into the weekend. Celebrations such as the Launceston one were taking place in Bodmin, Truro and Falmouth and on Friday and Saturday, a new two-day festival marking cultural, academic and economic connections between Cornwall and Wales was being run in St Austell. “I think there’s a resurgence in Cornish culture,” said Ross Wheeler, a stilt walker who took part in the Launceston parade. “It would be great if could turn it into a bank holiday.” Cornish artist, musician and commentator Seamas Carey, said that when he was at school there were few St Piran’s Day activities. It is very different now. “I think it’s about Cornwall getting to grips with its identity. Wales has St David’s Day, Scotland St Andrew’s Day. What’s interesting with St Piran’s Day is because it’s new and fresh, it’s like a blank canvas. People are doing whatever they want and calling it a St Piran’s Day activity. To be Cornish means to be other. I don’t mind if people forget I’m Cornish, but what I’m definitely not is English.” View image in fullscreen Stilt walker Ross Wheeler, pictured, says St Piran’s Day should be made a bank holiday. Photograph: Adrian S...
Integrated Quantitative Investments LLC lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 307.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,803 shares of the electric vehicle producer's stock after buying an additional 3,623 shares during the quarter. Tesla comprises 0.6...
Integrated Quantitative Investments LLC lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 307.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,803 shares of the electric vehicle producer's stock after buying an additional 3,623 shares during the quarter. Tesla comprises 0.6% of Integrated Quantitative Investments LLC's investment portfolio, making the stock its 20th biggest position. Integrated Quantitative Investments LLC's holdings in Tesla were worth $2,136,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also bought and sold shares of the company. Manning & Napier Advisors LLC bought a new stake in shares of Tesla during the 3rd quarter valued at $29,000. Westend Capital Management LLC purchased a new position in Tesla during the 3rd quarter valued at about $32,000. Chapman Financial Group LLC bought a new stake in shares of Tesla during the second quarter valued at about $26,000. CoreFirst Bank & Trust bought a new position in shares of Tesla in the second quarter valued at approximately $30,000. Finally, ESL Trust Services LLC grew its stake in Tesla by 1,900.0% during the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock valued at $32,000 after acquiring an additional 95 shares in the last quarter. Institutional investors own 66.20% of the company's stock. Get Tesla alerts: Sign Up Tesla Stock Performance Shares of TSLA stock opened at $405.94 on Thursday. The firm has a market capitalization of $1.52 trillion, a PE ratio of 375.87, a P/E/G ratio of 13.97 and a beta of 1.89. The company has a 50 day moving average price of $428.32 and a 200-day moving average price of $422.35. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0....
Kura Oncology (KURA) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $0.72. This compares to a loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -28.67%. A quarter ago, it was expected that this biopharmaceutical company would post a loss of $0.57 per sh...
Kura Oncology (KURA) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $0.72. This compares to a loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -28.67%. A quarter ago, it was expected that this biopharmaceutical company would post a loss of $0.57 per share when it actually produced a loss of $0.85, delivering a surprise of -49.12%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Kura Oncology, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $17.34 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 41.85%. This compares to year-ago revenues of $53.88 million. The company has not been able to beat consensus revenue estimates 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. Kura Oncology shares have lost about 17.7% since the beginning of the year versus the S&P 500's gain of 0.4%. What's Next for Kura Oncology? While Kura Oncology 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...
Ranger Energy (RNGR) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -30.00%. A quarter ago, it was expected that this company would post earnings of $0.38 per share when it...
Ranger Energy (RNGR) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -30.00%. A quarter ago, it was expected that this company would post earnings of $0.38 per share when it actually produced earnings of $0.05, delivering a surprise of -86.84%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Ranger Energy, which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $142.2 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 2.6%. This compares to year-ago revenues of $143.1 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. Ranger Energy shares have added about 25.2% since the beginning of the year versus the S&P 500's gain of 0.4%. What's Next for Ranger Energy? While Ranger Energy has outperformed 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 revis...
Zimbabwe is taking steps to clear the $23 billion it owes multilateral institutions, as talks with lenders progress well, President Emmerson Mnangagwa said. The authorities recognize that credibility and predictability are essential ingredients to restoring investor confidence and securing new lines of credit, Mnangagwa told heads of diplomatic missions and international organizations in the capit...
Zimbabwe is taking steps to clear the $23 billion it owes multilateral institutions, as talks with lenders progress well, President Emmerson Mnangagwa said. The authorities recognize that credibility and predictability are essential ingredients to restoring investor confidence and securing new lines of credit, Mnangagwa told heads of diplomatic missions and international organizations in the capital, Harare, on Thursday. “My government’s ongoing engagement with international financial institutions, under the Arrears Clearance and Debt Resolution Process, is progressing well,” Mnangagwa said. “We are taking concrete steps towards fulfilling our financial obligations,” he said, without providing details. Zimbabwe last month secured a staff-monitored program from the International Monetary Fund last month — a key step toward resolving about $23 billion of debt that’s shut it out of international capital markets for almost three decades. Read More: Zimbabwe Wins IMF Monitoring Deal in Key Step to Clear Arrears The southern African nation has been locked out of international capital markets since 1999, after defaulting on debt owed to lenders including the World Bank, the Paris Club and the African Development Bank. The country has enlisted the services of the AfDB and former Mozambican President Joaquim Chissano to help negotiate with creditors. The Next Africa newsletter runs every weekday. Sign up here for the newsletter, and subscribe to the Next Africa podcast on Apple , Spotify or anywhere you listen .
CorMedix press release ( CRMD ): Q4 GAAP EPS of $0.16 misses by $0.66 . Revenue of $128.62M (+312.1% Y/Y) beats by $1.6M . Adjusted EBITDA of $77.2 million. Cash and short-term investments, excluding restricted cash, at December 31, 2025 amounted to $148.5 million. CorMedix reiterates previously established guidance for 2026, including net revenue of between $300 and $320 million vs. $308.96M cons...
CorMedix press release ( CRMD ): Q4 GAAP EPS of $0.16 misses by $0.66 . Revenue of $128.62M (+312.1% Y/Y) beats by $1.6M . Adjusted EBITDA of $77.2 million. Cash and short-term investments, excluding restricted cash, at December 31, 2025 amounted to $148.5 million. CorMedix reiterates previously established guidance for 2026, including net revenue of between $300 and $320 million vs. $308.96M consensus and adjusted EBITDA of between $100 and $125 million. CorMedix announced in early February that its Board of Directors approved a share repurchase program, which authorizes the Company to repurchase up to $75 million of the Company’s outstanding common stock. More on CorMedix CorMedix Inc. (CRMD) Analyst/Investor Day Transcript CorMedix Inc. (CRMD) Analyst/Investor Day - Slideshow CorMedix Inc. (CRMD) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript CorMedix Q4 2025 Earnings Preview CorMedix sets $75M stock buyback plan
Check out the companies making the biggest moves in premarket trading: BJ's Wholesale Club — The warehouse giant shed 4.5% after its full-year guidance fell short of expectations. BJ's Wholesale anticipates adjusted earnings between $4.40 per share and $4.60 per share, versus the $4.66 a share consensus estimate, per FactSet. Its fourth-quarter earnings and revenue, however, beat expectations. Tra...
Check out the companies making the biggest moves in premarket trading: BJ's Wholesale Club — The warehouse giant shed 4.5% after its full-year guidance fell short of expectations. BJ's Wholesale anticipates adjusted earnings between $4.40 per share and $4.60 per share, versus the $4.66 a share consensus estimate, per FactSet. Its fourth-quarter earnings and revenue, however, beat expectations. Trade Desk — Shares popped 19% following a report from The Information that said OpenAI had early talks with Trade Desk to sell ads. Broadcom — The heavyweight chipmaker jumped 6.4% after reporting strong results for its fiscal first quarter , including revenue that grew 29% year over year. The company's adjusted earnings per share of $2.05 and revenue of $19.31 billion came out higher than analysts' expectations of $2.03 per share in earnings and $19.18 billion in revenue, per LSEG. Revenue guidance for the current quarter also surpassed estimates. Okta — Okta beat Wall Street's fourth-quarter expectations , leading shares of the identity security provider to add 1.5%. Okta reported adjusted earnings of 90 cents per share on $761 million in revenue, exceeding analysts' estimate of 85 cents per share in earnings and $749 million in revenue for the period, per LSEG. ChargePoint – The provider of electric vehicle charging stations saw shares shed about 2%. ChargePoint said that revenue in the first quarter would range from $90 million to $100 million, missing the FactSet consensus call for $104.5 million. Veeva Systems — The cloud solutions provider reported higher-than-expected results for its fourth quarter, sending shares 10% higher. Veeva Systems posted earnings of $2.06 per share, on an adjusted basis, which was higher than analysts' estimate of $1.93 per share, according to LSEG. The company's revenue of $836 million also beat the $811 million consensus expectation. StubHub — Shares of the secondary ticketing marketplace tumbled 15%. Fourth quarter revenue of $449 million ...
Verisk ( VRSK ) has reiterated its growth targets for the next three years as the data analytics firm hosts its Investor Day later today. The estimates call for organic constant currency revenue growth of 6-8%, adjusted EBITDA growth of 7-10%, adjusted EBITDA margin expansion of 25-75 bps annually and adjusted EPS Growth in the double-digit range in the medium-term. Verisk ( VRSK ) introduced a ne...
Verisk ( VRSK ) has reiterated its growth targets for the next three years as the data analytics firm hosts its Investor Day later today. The estimates call for organic constant currency revenue growth of 6-8%, adjusted EBITDA growth of 7-10%, adjusted EBITDA margin expansion of 25-75 bps annually and adjusted EPS Growth in the double-digit range in the medium-term. Verisk ( VRSK ) introduced a new capital return target of at least 75% of free cash flow annually through dividends and share repurchases. “Verisk has a strong track record of delivering on our growth commitments and returning excess capital to shareholders through dividends and repurchases,” CFO Elizabeth Mann said . “We are confident that the execution of our strategic priorities will drive compounding revenue growth and profitability in line with our targets, while generating strong free cash flow to fund investment in new innovation and return capital to shareholders.” Investor Day will begin streaming live on March 5, 2026, at 8 a.m. ET and will conclude by 12 p.m. ET. VRSK shares rose 1% premarket at $217.74 . More on Verisk Verisk Analytics Offers An Opportunity Amid Current Challenges Verisk Analytics, Inc. (VRSK) Q4 2025 Earnings Call Transcript Verisk Analytics, Inc. 2025 Q4 - Results - Earnings Call Presentation Lowest Quant ranked large-cap stocks with positive EPS surprises Verisk Analytics prices $1B debt offering
Azerbaijan has accused Iran of a drone attack that struck the region of Nakhchivan, hitting an airport and injuring two civilians. The strike would be the first Iranian attack on a Caucasus state since the start of the US-Israel war on the country, and raises the prospect of the conflict spreading beyond the Middle East. Azerbaijan’s foreign ministry said the drone hit the terminal building at the...
Azerbaijan has accused Iran of a drone attack that struck the region of Nakhchivan, hitting an airport and injuring two civilians. The strike would be the first Iranian attack on a Caucasus state since the start of the US-Israel war on the country, and raises the prospect of the conflict spreading beyond the Middle East. Azerbaijan’s foreign ministry said the drone hit the terminal building at the only airport in Nakhchivan, an Azerbaijani exclave bordering Iran. A second drone fell close to a school in a nearby village, the ministry said. Baku said it reserved the right to take retaliatory measures. Iran later denied any connection to the drone attack on Nakhchivan airport. “The Islamic Republic of Iran has not targeted the Republic of Azerbaijan,” Iran’s deputy foreign minister, Kazem Gharibabadi, said in comments carried by Iran’s Tasnim news agency. “We do not target our neighbouring countries.” View image in fullscreen An image taken from a video shows damage inside the airport. Photograph: AP Footage circulating on social media appeared to show a drone directly striking the airport before a fire broke out. “We demand that the Islamic Republic of Iran clarify the matter in the shortest possible time, provide an explanation and take the necessary urgent measures to prevent such incidents from recurring in the future,” the Azerbaijani foreign ministry said in a statement. Azerbaijan, an oil-rich authoritarian nation that has adopted a neutral stance in the Middle East conflict, has recently developed closer ties with Israel and the Trump administration while gradually moving away from Moscow, the traditional power broker in the Caucasus. The country hosts no US military bases, a sign Iran may be expanding its strikes beyond nations directly linked to accommodating American forces. Zaur Shiriyev, a non-resident scholar at the Carnegie Endowment for International Peace, said it was still unclear whether Iran specifically intended to strike Nakhchivan airport. But h...
The Strait of Hormuz is a key artery for the movement of global energy supplies. Usually, about 20% of global oil and gas passes through the narrow shipping lane in the Gulf. Iran's General Sardar Jabbari said that Tehran will now "not let a single drop of oil leave the region". A timelapse of marine traffic showed the flow of ships has decreased in the strait since the US and Israeli coordinated ...
The Strait of Hormuz is a key artery for the movement of global energy supplies. Usually, about 20% of global oil and gas passes through the narrow shipping lane in the Gulf. Iran's General Sardar Jabbari said that Tehran will now "not let a single drop of oil leave the region". A timelapse of marine traffic showed the flow of ships has decreased in the strait since the US and Israeli coordinated military offensive against Iran began on 28 February 2026. Blocking the strait could further inflate the cost of goods and services worldwide, and hit some of the world's biggest economies, including China, India and Japan, which are among the top importers of crude oil passing through the waterway.
jetcityimage/iStock Editorial via Getty Images Eli Lilly ( LLY ) announced on Thursday the launch of the Employer Connect platform, which enables employees to access its obesity therapy Zepbound at a lower cost through a network of pharmacies and a group of program administrators. Employers participating in the platform will connect with more than fifteen independent program administrators, includ...
jetcityimage/iStock Editorial via Getty Images Eli Lilly ( LLY ) announced on Thursday the launch of the Employer Connect platform, which enables employees to access its obesity therapy Zepbound at a lower cost through a network of pharmacies and a group of program administrators. Employers participating in the platform will connect with more than fifteen independent program administrators, including Teladoc ( TDOC ), GoodRx ( GDRX ), and a network of dispensing pharmacies such as HealthDyne and CenterWell. Through this platform, the Indiana-based drugmaker plans to sell its popular GLP-1 medicine, Zepbound, in a single-patient delivery device called KwikPen to network pharmacies at a discounted price of $449 for all doses. The choice of pharmacy and program administrator will determine the final cost to employers, and out-of-pocket expenses to employees will differ depending on dispensing and service fees charged by program administrators and employers’ cost-share model. "By enabling coverage outside traditional benefit designs, we lower barriers to treatment and give employers greater control over how they support employee access to obesity care," said Kevin Hern, Senior Vice President, Lilly Employer . More on Eli Lilly Eli Lilly and Company (LLY) Presents at TD Cowen 46th Annual Health Care Conference Transcript Eli Lilly Vs. Novo Nordisk: The Valuation Gap Is Unreasonable Eli Lilly Trumps Novo Nordisk In GLP-1 Race: Multi-Year Growth Prospects Most and least shorted mid-to mega-cap healthcare stocks in February Novo posts worst monthly decline as Lilly extends lead
Prada SpA reported 2025 results that met expectations, while telling investors its newly acquired Versace brand will dilute profit margins as the Italian luxury group works to turn it around. Net revenue rose 9% at constant exchange rates to €5.72 billion ($6.64 billion) for 2025, the Hong Kong-listed company said Thursday. Its popular Miu Miu line posted a 20% fourth-quarter revenue increase, mee...
Prada SpA reported 2025 results that met expectations, while telling investors its newly acquired Versace brand will dilute profit margins as the Italian luxury group works to turn it around. Net revenue rose 9% at constant exchange rates to €5.72 billion ($6.64 billion) for 2025, the Hong Kong-listed company said Thursday. Its popular Miu Miu line posted a 20% fourth-quarter revenue increase, meeting estimates but far below the buoyant growth of the past. Versace, Prada’s biggest-ever acquisition, lost money in 2025, the company said Thursday in a statement. Losses of the same magnitude are expected this year while sales contract from 2025’s €684 million and the brand is repositioned, Prada said in the statement. Consolidation of the €1.25 billion purchase completed in December “will drive a dilutive effect” on the group’s margin for earnings before interest and taxes in 2026, Chief Executive Officer Andrea Guerra said in the statement, “with a target to resume progressive improvement from fiscal year ’27.” Looking ahead, Prada is committed to delivering above-market growth, Guerra said, adding that the company expects margins outside of Versace to continue improving. Prada has taken on Versace just as sales growth slows at Miu Miu, which is particularly popular with younger consumers. In the fourth quarter of 2024, Miu Miu sales shot up 84% at constant currencies. The company has appointed Prada heir Lorenzo Bertelli as Versace’s executive chairman and Pieter Mulier as chief creative officer. As it revamps Versace’s creative side, the company is also refocusing the brand on high-quality, full price distribution channels. Full separation from former owner Capri Holdings Ltd. is expected by the second half of 2026. The group “has taken decisive action on operating expenses,” at Versace, generating initial savings that will be selectively reinvested, Prada said in the statement. For 2025, Prada’s Asia Pacific retail sales registered 11% growth at constant exchange ra...
Scott Olson/Getty Images News Oatly Group AB ( OTLY ) confirmed a multi-year investment in its Landskrona production facility in Sweden to meet accelerating global demand for its plant-based drinks. European demand for plant-based drinks rose 6% in the last 12 months, and Oatly ( OTLY ) saw double-digit growth in the region over the same period. The company said the expanded infrastructure will bo...
Scott Olson/Getty Images News Oatly Group AB ( OTLY ) confirmed a multi-year investment in its Landskrona production facility in Sweden to meet accelerating global demand for its plant-based drinks. European demand for plant-based drinks rose 6% in the last 12 months, and Oatly ( OTLY ) saw double-digit growth in the region over the same period. The company said the expanded infrastructure will boost the site’s production capacity by more than 33% while also further reducing the climate impact of operations across three key areas. The facility will see its production capacity increased to 200M liters per year from 150M liters, all within the same physical footprint. "We’re seeing growing demand for our products, so the time is right to upgrade our Landskrona site, which has performed fantastically well in recent years, both in stability of output and outstanding cost management. The Landskrona factory is a key site for us, not only because of our roots in Sweden, but also because it’s a fully owned, end-to-end production hub and home to many of our core functions. You can think of it as one big oat campus," highlighted Oatly ( OTLY ) SVP Sustainable Operations Simon Broadbent. Shares of Oatly ( OTLY ) were up 1.8% in premarket trading to $11.40 vs. the 52-week range of $8.25 to $18.84. More on Oatly Oatly Could Become Much More Valuable If It Sells Its China Segment Oatly Group AB (OTLY) Q4 2025 Earnings Call Transcript Oatly Group AB 2025 Q4 - Results - Earnings Call Presentation Oatly targets 3–5% constant currency revenue growth and $25M–$35M adjusted EBITDA in 2026 as it accelerates profitable growth strategy Seeking Alpha’s Quant Rating on Oatly
(RTTNews) - CorMedix Inc. (CRMD) released a profit for fourth quarter of $14.02 million The company's earnings totaled $14.02 million, or $0.16 per share. This compares with $13.47 million, or $0.20 per share, last year. The company's revenue for the period rose 312.1% to $128.62 million from $31.21 million last year. CorMedix Inc. earnings at a glance (GAAP) : -Earnings: $14.02 Mln. vs. $13.47 Ml...
(RTTNews) - CorMedix Inc. (CRMD) released a profit for fourth quarter of $14.02 million The company's earnings totaled $14.02 million, or $0.16 per share. This compares with $13.47 million, or $0.20 per share, last year. The company's revenue for the period rose 312.1% to $128.62 million from $31.21 million last year. CorMedix Inc. earnings at a glance (GAAP) : -Earnings: $14.02 Mln. vs. $13.47 Mln. last year. -EPS: $0.16 vs. $0.20 last year. -Revenue: $128.62 Mln vs. $31.21 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
This week’s plunge in UK homebuilder Vistry Group Plc has left the shares too cheap to ignore. That’s the view of Stifel analyst Charlie Campbell , who upgraded the stock to buy a day after it fell a record 26% on a warning over margin pressures and news that its chief executive of almost a decade is retiring. After slumping to their lowest close since November 2012, the shares are an “unmissable ...
This week’s plunge in UK homebuilder Vistry Group Plc has left the shares too cheap to ignore. That’s the view of Stifel analyst Charlie Campbell , who upgraded the stock to buy a day after it fell a record 26% on a warning over margin pressures and news that its chief executive of almost a decade is retiring. After slumping to their lowest close since November 2012, the shares are an “unmissable bargain,” Campbell wrote in a note on Thursday. “The stock market has significantly overreacted,” Campbell wrote. He said the shares trade at a 25% discount to the sector despite superior returns that should command a 20% premium. “With an affordable housing inflection now in sight, we find valuation sufficiently compelling,” he added. Vistry is on course for its worst week since March 2020, following a selloff driven by the company’s warning of mounting margin pressure as it steps up incentives to support sales. The planned retirement of Chief Executive Officer Greg Fitzgerald has added to uncertainty. Fitzgerald steered Vistry through a turbulent period that included a series of profit warnings, and is seen to have shaped the growth of the firm through some major deals. “We are surprised that at this pivotal moment the architect of the current strategy has called time,” RBC Capital Markets analyst Anthony Codling noted. Britain’s housebuilders have endured a challenging period since borrowing costs jumped in 2022 and government stimulus to help buyers came to an end. Frequent changes to UK tax policy, coupled with stricter planning and regulatory requirements, have slowed development in recent years. Meanwhile, escalating conflict in the Middle East has revived inflation concerns, dampening expectations for further interest-rate cuts from the Bank of England . Read: Vistry Plunges 25% on Sluggish Profit Outlook, CEO Retirement Stifel’s Campbell cut his price target on the stock to 610 pence from 670 pence — still implying about 30% of potential upside compared to Wednesda...