The UK’s first ‘spin doctor’ thrived because he was immensely valuable to those he served. But the strategist always felt entitled to more Others will be shocked by his sleazy, self-regarding disloyalty and apparent lack of concern for Jeffrey Epstein’s victims, but something that will puzzle people who knew Peter Mandelson is: how could he be so stupid? Should you be thinking of stabbing a collea...
The UK’s first ‘spin doctor’ thrived because he was immensely valuable to those he served. But the strategist always felt entitled to more Others will be shocked by his sleazy, self-regarding disloyalty and apparent lack of concern for Jeffrey Epstein’s victims, but something that will puzzle people who knew Peter Mandelson is: how could he be so stupid? Should you be thinking of stabbing a colleague in the back, and betraying your country, your government and your party – to paraphrase the prime minister – a basic precaution is not to leave an email trail. During the 2008 expenses scandal, it was the MPs who left proof of their dishonesty in emails who went to jail . I suspect many others got away with it for want of written evidence. You might think a politician so deviously clever that they call him the Prince of Darkness would know that, and not end up with police searching two of his houses . Andy McSmith was chief press officer for the Labour party in the 1980s, and spent almost 30 years as a political journalist based in the House of Commons. His latest book, Strange People I Have Known , includes a chapter on Peter Mandelson Continue reading...
Bonds of Brazil sugar and ethanol giant Raízen SA tumbled after the company said it’s engaging financial and legal advisers amid mounting debt pressures. The efforts are “preliminary and exploratory in nature,” aimed at strengthening its liquidity position and optimizing its capital structure, the company said in a filing Monday. It didn’t name advisers in the talks. Raízen’s dollar bonds due 2037...
Bonds of Brazil sugar and ethanol giant Raízen SA tumbled after the company said it’s engaging financial and legal advisers amid mounting debt pressures. The efforts are “preliminary and exploratory in nature,” aimed at strengthening its liquidity position and optimizing its capital structure, the company said in a filing Monday. It didn’t name advisers in the talks. Raízen’s dollar bonds due 2037 dropped more than 8 cents to 44 cents on the dollar. They had already tumbled almost 30 cents last week as talks between controllers Cosan SA and Shell Plc drag. In recent meetings to address the mounting financial pressures at the company, Raizen and advisers discussed potential scenarios including a debt haircut in a restructuring, people familiar with the matter said last week. Read more: Traders Rush to Dump Raizen Bonds as Controller Talks Drag The bonds are now yielding about 19%, according to data compiled by Bloomberg. That compares to below 10% just at the start of the month. Raízen has been struggling to cope with high interest rates, weaker-than-expected harvests, and a series of ambitious bets — from second-generation ethanol to sustainable aviation fuel — that have yet to deliver significant returns. It needs a capital injection of 20 billion reais to 25 billion reais ($3.8 billion to $4.8 billion), UBS BB Investment Bank said late last year.
Scott Olson/Getty Images News Kroger ( KR ) is getting a lift in Monday’s premarket trading following the company’s announcement to tap former Walmart ( WMT ) executive Greg Foran as its new chief executive. The appointment comes almost a year after Rodney McMullen stepped down following an internal investigation into conduct deemed inconsistent with company policy. Since McMullen’s abrupt departu...
Scott Olson/Getty Images News Kroger ( KR ) is getting a lift in Monday’s premarket trading following the company’s announcement to tap former Walmart ( WMT ) executive Greg Foran as its new chief executive. The appointment comes almost a year after Rodney McMullen stepped down following an internal investigation into conduct deemed inconsistent with company policy. Since McMullen’s abrupt departure, Ron Sargent has been serving as interim CEO of the grocery chain and will continue in his role as chairman of the board. Foran previously led Walmart’s ( WMT ) U.S. business from 2014 to 2019 and more recently served as CEO of Air New Zealand, guiding the carrier through disruptions tied to the pandemic. While at Walmart ( WMT ), Foran accelerated the company’s digital capabilities and delivered positive comparable sales growth for 20 consecutive quarters. Foran’s digital expertise comes at a crucial time for the grocer as it struggles to keep up with the delivery capabilities of Walmart ( WMT ) and Amazon ( AMZN ). Kroger ( KR ) recently launched a new e-commerce business unit, appointing Yael Cosset as chief digital officer. As part of a broader push to boost profitability in its digital business, the company has reduced headcount and shuttered underperforming fulfillment centers, targeting roughly $400 million in e-commerce improvements. “Greg is a highly respected operator who knows how to run large-scale retail businesses, strengthen store execution, and lead high-performing teams," said Sargent. "His leadership style, focus on the customer, commitment to associates, and disciplined approach to execution are the perfect fit for Kroger. The Board is confident Greg is the right leader to guide Kroger into its next chapter." Investors seem to agree, driving shares up nearly 6% ahead of Monday’s open, setting the stock up to reach its highest level since October. As part of the company’s announcement of a new CEO, Kroger ( KR ) reaffirmed its full-year guidance for ide...
The good the bad and the ugly Roenarr/iStock via Getty Images In the following lines, you will find detailed information about most of our readers' favorite fund and its holdings. We talk about Virtus InfraCap U.S. Preferred Stock ETF ( PFFA ). We have been critical of this ETF in our previous article , and the critique stands. Fund management uses the basic flaws of preferred stocks to gain credi...
The good the bad and the ugly Roenarr/iStock via Getty Images In the following lines, you will find detailed information about most of our readers' favorite fund and its holdings. We talk about Virtus InfraCap U.S. Preferred Stock ETF ( PFFA ). We have been critical of this ETF in our previous article , and the critique stands. Fund management uses the basic flaws of preferred stocks to gain credibility for understanding them. The common-sense approach seems to be working quite well, as the fund receives mostly positive reviews and many positive comments from investors. We argue that the usual research provided is quite shallow, and there are 3 main talking points that are convincing unsophisticated investors and researchers about the fund's added value: The fund outperforms peers on nominal returns. The fund is actively managed - gaining alpha from the flaws of passive ETFs in the sector. The fund uses leverage to further boost its alpha-generating ability, which is net positive. As with any data set, you never know if correlation means causation. This is why we need to dig further into the details to understand what the fund is all about. We periodically review this exact fund, and even though we can argue over the usual talking points, there are reasons to like it, and we will "expose" the good in this article. PFFA in details PFFA's fact sheet (virtus.com) Virtus InfraCap US Preferred Stock ETF was issued on 05/15/2018. Currently, the fund has close to $2.16 billion in assets under management. Its management fee is close to 0.8%, and its expense ratio is around 2.48%. PFFA's 5-year total return on NAV is close to 9.20%, and the 3-year total return is around 16.54%. The biggest part of the fund is close to 33% in the "Finance" sector, 19.99% in the "REITs-Mortgage" sector, and 18.7% in the "Real Estate" sector. The number of its holdings is close to 194, and below are shown the top 10 of them: PFFA top holdings at the moment (virtus.com) The TTM dividend yield is...
Aajan/iStock via Getty Images Shares of Kyndryl ( KD ) tumbled about 39% premarket on Monday after the company said it is delaying some regulatory filings, including 10-Q, pending an accounting review, while announcing its fiscal third-quarter results that missed estimates. The company noted that on Feb. 5, its board appointed Harsh Chugh as interim CFO and Bhavna Doegar as interim corporate contr...
Aajan/iStock via Getty Images Shares of Kyndryl ( KD ) tumbled about 39% premarket on Monday after the company said it is delaying some regulatory filings, including 10-Q, pending an accounting review, while announcing its fiscal third-quarter results that missed estimates. The company noted that on Feb. 5, its board appointed Harsh Chugh as interim CFO and Bhavna Doegar as interim corporate controller, effective immediately. Kyndryl added that David Wyshner departed as CFO, and Edward Sebold departed from his position as general counsel, effective immediately. In addition Vineet Khurana stepped down from his position as senior vice president and global controller and assumed a different role at the company. Kyndryl said in a separate filing that it is reviewing its cash management practices, related disclosures (including regarding the drivers of the company’s adjusted free cash flow metric), the efficacy of its internal control over financial reporting, and certain other matters following voluntary document requests from the Securities and Exchange Commission, or SEC, related to such matters. The company added that due to this review, the finalization of the quarterly report, including its assessment of internal control over financial reporting, requires additional time to complete. "In connection with the filing of the Quarterly Report, when made, the Company anticipates reporting material weaknesses in the Company’s internal control over financial reporting for the period covered in the Quarterly Report, as well as for the full fiscal year ended March 31, 2025, and the first two fiscal quarters of fiscal year 2026, which are expected to include, but may not be limited to, the effectiveness and strength of certain functions at the Company, including with respect to controls related to information and communication and tone at the top," said Kyndryl. Kyndryl added that its assessment of internal control over financial reporting and the related opinion of Pricewate...
India’s imports of Russian oil could almost halve from already weaker recent levels, according to people with direct knowledge of the purchases, after US President Donald Trump issued an order detailing some terms of a trade deal between the two nations. All state-owned and private refiners, with the exception of Nayara Energy Ltd, had paused buying any spot cargoes since Trump first mentioned the...
India’s imports of Russian oil could almost halve from already weaker recent levels, according to people with direct knowledge of the purchases, after US President Donald Trump issued an order detailing some terms of a trade deal between the two nations. All state-owned and private refiners, with the exception of Nayara Energy Ltd, had paused buying any spot cargoes since Trump first mentioned the deal in a social media post about a week ago, according to the people, who asked not to be named discussing sensitive information. While India confirmed the trade deal, it has not commented on details including oil. That hiatus is now likely to be extended following the executive order issued on Friday, they said, with purchases likely to roughly halve from an average of 1.2 million barrels a day in January. Advertisement The White House said in the order that “India has committed to stop directly or indirectly importing Russian Federation oil,” and that import tariffs on all Indian goods may be raised if it resumes purchases. Indian foreign ministry spokesperson Randhir Jaiswal said in a statement on Saturday that the nation’s energy security was its “supreme priority”, and that India would continue to diversify its imports. Advertisement The Indian refiners had spent an uneasy weekend scrutinising the US order, sources said, adding that they hadn’t yet received any guidance from New Delhi and were not expecting it to come any time soon.
Cygnet.One Approved as AWS ECS Delivery Partner Cygnet.One Approved as AWS ECS Delivery Partner · GlobeNewswire Inc. PRINCETON, N.J., Feb. 09, 2026 (GLOBE NEWSWIRE) -- Cygnet.One today announced its approval as an AWS Amazon ECS Service Delivery Partner. The designation recognizes Cygnet.One’s validated expertise in container orchestration and cloud-native application delivery using Amazon Elastic...
Cygnet.One Approved as AWS ECS Delivery Partner Cygnet.One Approved as AWS ECS Delivery Partner · GlobeNewswire Inc. PRINCETON, N.J., Feb. 09, 2026 (GLOBE NEWSWIRE) -- Cygnet.One today announced its approval as an AWS Amazon ECS Service Delivery Partner. The designation recognizes Cygnet.One’s validated expertise in container orchestration and cloud-native application delivery using Amazon Elastic Container Service on AWS. AWS Recognizes Cygnet.One Under the Amazon ECS Service Delivery Program AWS has officially approved Cygnet.One as part of the Amazon ECS Service Delivery Program, which identifies partners with proven technical capability and verified customer success. Partners in this program undergo a detailed evaluation by AWS, including architecture reviews and customer references. The approval marks an important step in Cygnet.One’s ongoing cloud and modernization efforts. Enterprises Continue to Shift Toward Container-Based Architectures Containerized and microservices-based architectures are now central to enterprise application strategies. While they support scalability and faster release cycles, they also introduce challenges around governance, security, observability, and operational complexity. Amazon ECS addresses these needs by offering a managed container orchestration service that supports secure, reliable, and scalable application operations on AWS. Proven Amazon ECS Delivery Experience at Enterprise Scale Cygnet.One brings extensive experience delivering ECS-based solutions for enterprise environments. Its teams support application containerization and modernization initiatives, ECS architecture design, and migration from monolithic or VM-based workloads. Additional capabilities include CI/CD integration, monitoring and observability, security controls, and cost management, all focused on production-grade outcomes. What does AWS Service Delivery Partner status mean? AWS Service Delivery Partner status is granted only after a structured technical a...
After walking back guidance last quarter, could this animal health company reveal surprises come earnings day? Zoetis (ZTS +0.54%) tanked after its November earnings release. Will history repeat itself pre-market on Feb. 12, when the animal healthcare company releases results for the fourth quarter of 2025? That's the question on the minds of many investors, less than a week before its earnings re...
After walking back guidance last quarter, could this animal health company reveal surprises come earnings day? Zoetis (ZTS +0.54%) tanked after its November earnings release. Will history repeat itself pre-market on Feb. 12, when the animal healthcare company releases results for the fourth quarter of 2025? That's the question on the minds of many investors, less than a week before its earnings report hits the street. Whether the stock rallies after earnings or falls further afterward may depend on how closely the guidance updates align with current expectations. Fortunately for Zoetis, with expectations already walked back last quarter, it may not take much to surprise investors positively, leading to a bullish response. That said, if you are approaching this stock as a possible long-term investment, you likely do not need to leap into a Zoetis position today. Shares may have more room to fall before bottoming out. Zoetis earnings preview Zoetis is scheduled to post earnings for the fourth quarter and full year 2025 on Feb. 12. The latest sell-side forecasts call for $2.36 billion in revenue and earnings of around $1.40 per share. This represents year-over-year revenue growth of 1.9% and flat earnings. That said, in each of the last four quarters, Zoetis has beaten on earnings. After last quarter's lackluster guidance, walked-back expectations could set the stage for an even greater earnings beat, and perhaps even a revenue beat. The company's Q3 2025 top line fell slightly short of expectations. Expand NYSE : ZTS Zoetis Today's Change ( 0.54 %) $ 0.68 Current Price $ 127.41 Key Data Points Market Cap $56B Day's Range $ 126.56 - $ 129.59 52wk Range $ 115.25 - $ 177.00 Avg Vol 5.2M Gross Margin 70.29 % Dividend Yield 1.59 % Nevertheless, irrespective of whether Zoetis meets, beats, or falls short of consensus earnings per share (EPS), there's still the risk investors will react negatively to the outlook once again. Last quarter, the company lowered its full-year 202...
Taiwan Semiconductor Manufacturing Company TSM, also known as TSMC, has delivered a robust 67.8% gain over the past 12 months. The stock has been benefiting from the AI boom by manufacturing advanced chips for major AI clients like NVIDIA NVDA, Broadcom AVGO and Marvell Technology MRVL, which has led to record profits and a significant increase in revenues. Shares of the company have outperformed ...
Taiwan Semiconductor Manufacturing Company TSM, also known as TSMC, has delivered a robust 67.8% gain over the past 12 months. The stock has been benefiting from the AI boom by manufacturing advanced chips for major AI clients like NVIDIA NVDA, Broadcom AVGO and Marvell Technology MRVL, which has led to record profits and a significant increase in revenues. Shares of the company have outperformed the Zacks Computer and Technology sector’s gain of 27.9% over the past year. Taiwan Semiconductor is also among the top-performing semiconductor stocks, including Broadcom, NVIDIA and Marvell Technology. Over the past year, shares of Broadcom and NVIDIA have soared 41.7 % and 38.8%, respectively, while Marvell Technology has declined 28.8%. This outperformance shows investors are becoming increasingly confident in Taiwan Semiconductor’s long-term story, even during a volatile market shaped by trade conflicts and geopolitical risks. We believe this momentum is grounded in strong fundamentals, and TSMC’s long-term outlook justifies a buy position for now. Taiwan Semiconductor One-Year Price Return Performance AI Boom Aids Taiwan Semiconductor’s Prospects Taiwan Semiconductor continues to lead the global chip foundry market. Its scale and technology make it the first choice for companies driving the AI boom. NVIDIA, Marvell and Broadcom all count on TSMC to build advanced graphics processing units (GPUs) and AI accelerators. AI-related chip sales have become a major driver. In 2025, high-performance computing (HPC), which includes AI-related revenues, accounted for 58% of total revenues, up from 51% in 2024. Taiwan Semiconductor’s long-term forecasts depict that the momentum is far from over. Management expects AI revenues to increase at a CAGR of more than 50% in the five-year period from 2024 to 2029. That makes TSMC central to the AI supply chain. To keep up with the growing demand for AI chips, Taiwan Semiconductor is spending aggressively. The company is set to invest bet...
Taiwan Semiconductor Manufacturing Company TSM, also known as TSMC, has delivered a robust 67.8% gain over the past 12 months. The stock has been benefiting from the AI boom by manufacturing advanced chips for major AI clients like NVIDIA NVDA, Broadcom AVGO and Marvell Technology MRVL, which has led to record profits and a significant increase in revenues. Shares of the company have outperformed ...
Taiwan Semiconductor Manufacturing Company TSM, also known as TSMC, has delivered a robust 67.8% gain over the past 12 months. The stock has been benefiting from the AI boom by manufacturing advanced chips for major AI clients like NVIDIA NVDA, Broadcom AVGO and Marvell Technology MRVL, which has led to record profits and a significant increase in revenues. Shares of the company have outperformed the Zacks Computer and Technology sector’s gain of 27.9% over the past year. Taiwan Semiconductor is also among the top-performing semiconductor stocks, including Broadcom, NVIDIA and Marvell Technology. Over the past year, shares of Broadcom and NVIDIA have soared 41.7 % and 38.8%, respectively, while Marvell Technology has declined 28.8%. This outperformance shows investors are becoming increasingly confident in Taiwan Semiconductor’s long-term story, even during a volatile market shaped by trade conflicts and geopolitical risks. We believe this momentum is grounded in strong fundamentals, and TSMC’s long-term outlook justifies a buy position for now. Taiwan Semiconductor One-Year Price Return Performance Zacks Investment Research Image Source: Zacks Investment Research AI Boom Aids Taiwan Semiconductor’s Prospects Taiwan Semiconductor continues to lead the global chip foundry market. Its scale and technology make it the first choice for companies driving the AI boom. NVIDIA, Marvell and Broadcom all count on TSMC to build advanced graphics processing units (GPUs) and AI accelerators. AI-related chip sales have become a major driver. In 2025, high-performance computing (HPC), which includes AI-related revenues, accounted for 58% of total revenues, up from 51% in 2024. Taiwan Semiconductor’s long-term forecasts depict that the momentum is far from over. Management expects AI revenues to increase at a CAGR of more than 50% in the five-year period from 2024 to 2029. That makes TSMC central to the AI supply chain. To keep up with the growing demand for AI chips, Taiwan Semico...
TSM Soars 69% in a Year: Should Investors Still Buy the Stock? Yahoo Finance Taiwan Semiconductor rises after January sales surge 37% Y/Y Seeking Alpha Taiwan Semiconductor Manufacturing (TSMC) Stock Just Hit a Record High. Here's Why The Motley Fool
TSM Soars 69% in a Year: Should Investors Still Buy the Stock? Yahoo Finance Taiwan Semiconductor rises after January sales surge 37% Y/Y Seeking Alpha Taiwan Semiconductor Manufacturing (TSMC) Stock Just Hit a Record High. Here's Why The Motley Fool