A former senior executive of a Hong Kong fintech company has been jailed for 6½ years for stealing HK$19.2 million (US$2.45 million) from his employer and laundering part of the money to support his gambling addiction and lavish lifestyle. The High Court on Wednesday handed down the sentence to Shum Lok-man after the 38-year-old divorcee pleaded guilty to three counts of theft and two of money lau...
A former senior executive of a Hong Kong fintech company has been jailed for 6½ years for stealing HK$19.2 million (US$2.45 million) from his employer and laundering part of the money to support his gambling addiction and lavish lifestyle. The High Court on Wednesday handed down the sentence to Shum Lok-man after the 38-year-old divorcee pleaded guilty to three counts of theft and two of money laundering, admitting he gambled away 99 per cent of the proceeds. The court heard Shum had substantial control over the finances of Eddid Securities and Futures as assistant vice-president, overseeing the firm’s chequebook and e-banking accounts, while earning HK$45,000 a month. Advertisement Between April 2021 and June 2023, he stole a total of HK$19,225,330.05 from the company either by diverting client withdrawal funds or cashing in blank cheques that had been signed by its directors during the Covid-19 pandemic. He then channelled the stolen funds to multiple bank accounts, with HK$3.91 million transferred to two companies controlled by an auditor who he said took a commission of up to 15 per cent to facilitate his scheme. Advertisement Following his arrest in August 2023, Shum told police he had used the winnings made from betting with the stolen cash to purchase four luxury watches and a Mercedes-Benz EQA 250 electric car.
Both Citi and JPMorgan cut their ratings and price targets on Mattel following its fourth-quarter earnings release. In its Q4 report, the toy manufacturer missed on both the top and bottom lines, delivering adjusted earnings of 39 cents per share on revenue of $1.77 billion. Analysts polled by FactSet had expected earnings of 54 cents and $1.84 billion in revenue. Mattel's guidance also came well ...
Both Citi and JPMorgan cut their ratings and price targets on Mattel following its fourth-quarter earnings release. In its Q4 report, the toy manufacturer missed on both the top and bottom lines, delivering adjusted earnings of 39 cents per share on revenue of $1.77 billion. Analysts polled by FactSet had expected earnings of 54 cents and $1.84 billion in revenue. Mattel's guidance also came well below Street estimates. The firm sees adjusted earnings for the year coming in between $1.18 and $1.30, while the consensus estimate from FactSet was $1.77. Shares of Mattel plunged 28% in Wednesday's premarket session. Shares are now down 4% over the past 12 months but still trading 6% higher in 2026. MAT 5D mountain MAT 5D chart Citi downgraded the stock to a neutral rating from buy, also lowering its price target to $16 from $25. This revised forecast implies potential downside of 24%. Citi analyst James Hardiman said that while some investors might view this pullback as a buy low opportunity, he is taking a step back. "The Mattel thesis has changed suddenly and substantially, with work to be done by management to tighten up the narrative and deliver the opportunity," he wrote. This earnings release looks especially damaging when considering rival toy manufacturer Hasbro's stellar quarter. "Longer-term, while the 2026 investments should pay dividends down the line, the need for a bridge/investment year to maintain some modicum of growth would reignite investor concerns around traditional toy demand," Hardiman said. "Particularly on the heels of a massive beat/raise by Hasbro earlier in the day, the durability of MAT's portfolio is likely to be debated in an industry that is increasingly a story of haves and have nots." JPMorgan analyst Christopher Horvers downgraded the stock to an underweight rating from neutral. Horvers' new price target of $14, lowered from $23, implies a 34% downside. As a reason for the downgrade, Horvers pointed to Mattel's disappointing guidance, ...
Designer Brands ( DBI ) announced that Sheamus Toal will join the company as executive vice president, chief financial officer, and principal financial officer, effective February 16, 2026. Most recently, Toal served as chief operating officer and chief financial officer of The Children's Place ( PLCE ). Mark Haley, who has served as interim principal financial officer during the transition period...
Designer Brands ( DBI ) announced that Sheamus Toal will join the company as executive vice president, chief financial officer, and principal financial officer, effective February 16, 2026. Most recently, Toal served as chief operating officer and chief financial officer of The Children's Place ( PLCE ). Mark Haley, who has served as interim principal financial officer during the transition period, will return full-time to his position as senior vice president, controller, and principal accounting officer. More on Designer Brands Designer Brands Q3: A Clear EPS Beat, But Not Good Enough Designer Brands Continues To Post Negative Comps And Barely Covers Interest Designer Brands Inc. (DBI) Q3 2025 Earnings Call Transcript Top Quant rated bullish small cap stocks among companies with high short interest Small-cap stocks with lowest dividend growth grade
Dana ( DAN ) declared $0.12/share quarterly dividend , 20% increase from prior dividend of $0.10. Forward yield 1.5% Payable March 20; for shareholders of record Feb. 27; ex-div Feb. 27. See DAN Dividend Scorecard, Yield Chart, & Dividend Growth. More on Dana Dana Incorporated (DAN) Discusses Backlog And Market Outlook Call Transcript Dana Incorporated 2025 Q4 - Results - Earnings Call Presentatio...
Dana ( DAN ) declared $0.12/share quarterly dividend , 20% increase from prior dividend of $0.10. Forward yield 1.5% Payable March 20; for shareholders of record Feb. 27; ex-div Feb. 27. See DAN Dividend Scorecard, Yield Chart, & Dividend Growth. More on Dana Dana Incorporated (DAN) Discusses Backlog And Market Outlook Call Transcript Dana Incorporated 2025 Q4 - Results - Earnings Call Presentation Dana Incorporated: Bullish About Business Divestment And Margin Expansion Mid-cap stocks with lowest dividend growth grade Bottom 10 mid-cap stocks with lowest dividend safety grade
Liens/iStock via Getty Images Centrus Energy ( LEU ) said Wednesday it selected Fluor ( FLR ) as its engineering, procurement and construction contractor for the multibillion-dollar expansion of its uranium enrichment capacity in Piketon , Ohio. Under the multiyear contract, Fluor ( FLR ) will lead engineering and design of the expanded capacity in Ohio, manage the supply chain and procurement of ...
Liens/iStock via Getty Images Centrus Energy ( LEU ) said Wednesday it selected Fluor ( FLR ) as its engineering, procurement and construction contractor for the multibillion-dollar expansion of its uranium enrichment capacity in Piketon , Ohio. Under the multiyear contract, Fluor ( FLR ) will lead engineering and design of the expanded capacity in Ohio, manage the supply chain and procurement of key materials and services, oversee construction at the site, and support the commissioning of the new capacity. The expansion project includes large-scale production of low-enriched uranium to address its $2.3B commercial LEU enrichment contingent backlog and growing demand from existing reactors. Centrus Energy ( LEU ) -8.1% pre-market Wednesday after missing Q4 earnings expectations and a Y/Y decline in revenues while issuing downside guidance for FY 2026 , seeing revenues of $425M-$475M vs. $479M FactSet consensus. More on Centrus Energy Centrus Energy: The Real Risk Behind SWU Pricing Why The Recent Drop In Centrus Is A Gift For Investors Centrus Energy: A Tactical Buy After Meta's Atomic Deal
$500 off / $1,000 As part of its ongoing President’s Day sale, Best Buy is offering ASUS’ Vivobook S 16 3K OLED AMD-powered Copilot+ PC down at $999.99 shipped. This particular notebook with AMD’s Ryzen AI 9 365 processor, 24GB RAM, and 1TB SSD typically goes for $1,500, so you’re looking at a straight-up $500 discount on it at the moment. Today’s deal lands it $100 below its previous all-time low...
$500 off / $1,000 As part of its ongoing President’s Day sale, Best Buy is offering ASUS’ Vivobook S 16 3K OLED AMD-powered Copilot+ PC down at $999.99 shipped. This particular notebook with AMD’s Ryzen AI 9 365 processor, 24GB RAM, and 1TB SSD typically goes for $1,500, so you’re looking at a straight-up $500 discount on it at the moment. Today’s deal lands it $100 below its previous all-time low to deliver a new best price to beat. It’s also a particularly solid price to snag this machine at, considering the same laptop with a relatively less powerful Ryzen AI 7 350 processor and 16GB RAM itself is currently going for $1,000 at Amazon. It remains one of the most powerful laptops you can get your hands on right now, and you can learn more about it in detail below. Some of my favorite gear Multi-angle foldable iPad stand with rotatable metal base The ASUS Zenbook S 16 was among the first laptops to debut with AMD’s Ryzen AI 9 365 “Strix Point” processor. This 10-core Zen 5 chip is paired with an RDNA 3.5 Radeon 880M GPU for strong all-around performance, and it also features a dedicated NPU capable of delivering up to 50 TOPS of AI processing power. ASUS is pairing the processor on this notebook with 24GB of LPDDR5X memory and a 1TB PCIe Gen 4 SSD to deliver fast, responsive day-to-day performance. It also sports a 16-inch 3K OLED touchscreen with a smooth 120Hz refresh rate as a standout feature, and some of its other highlights include a sleek, thin-and-light chassis, a good selection of ports that includes HDMI 2.1 and an SD card reader, and more. Best Buy is offering deals on a bunch of other Copilot+ laptops as part of its President’s Day sale, and you’ll find them highlighted right here. ASUS’ standard Vivobook 16 model with AMD’s Ryzen 7 processor is also discounted to $480 right now, down from its usual price of $900. ASUS Zenbook S 16 16-inch 3K OLED laptop features: Experience unparalleled performance with the Zenbook S 16. Featuring an ultra-fast AMD Ryze...
Conservative Swiss MP Urges 'End To Immigration From Stone Age Cultures' As Stats Expose Prevalence Of Domestic Violence Via Remix News, New statistical data has highlighted the prevalence of domestic violence across different population groups in Switzerland, sparking a political debate over its root causes. SVP National Councillor Pascal Schmid argues that the figures identify this primarily as ...
Conservative Swiss MP Urges 'End To Immigration From Stone Age Cultures' As Stats Expose Prevalence Of Domestic Violence Via Remix News, New statistical data has highlighted the prevalence of domestic violence across different population groups in Switzerland, sparking a political debate over its root causes. SVP National Councillor Pascal Schmid argues that the figures identify this primarily as a migration problem, noting that even foreign women are accused of these offenses more frequently than Swiss men. Schmid requested data from the Federal Council, which provided an analysis of domestic violence frequency broken down by gender and nationality. The results show that for every 10,000 foreign men in the permanent resident population, 33.3 were accused of domestic violence in 2024, compared to 12.6 for Swiss men. For women, the rate was 13.2 for foreign women and 4.4 for Swiss women. The data shows that foreign women are accused of domestic violence at slightly higher rates than Swiss men, however, foreign men clearly dominate in this category of crime overall, according to Blick . In response to the latest Swiss data, Schmit wrote: “Domestic violence is not simply a problem solely affecting men, but primarily a migration problem.” This data comes after similar findings in Germany showed that women from certain foreign groups in 2024 were more violent than German men . The data showed that for 100,000 German men, 272 were suspected of a violent offense. For Syrian women, this figure per 100,000 was 336. Clearly, Syrian women were more violent than German men. Afghan women are also more violent, with a rate of 359, even more violent than Syrian women. Iraqi women have an incredible rate of 394, which is considerably more than that of German men. In Switzerland, research indicates that approximately 1 in 10 women will be a victim of physical or sexual violence in a romantic relationship during her adult life. Between 2011 and 2014, an average of 22 female and four ...
This article first appeared on GuruFocus. Oracle Corp. (ORCL, Financials) is back in the spotlight after BNP Paribas analyst Stefan Slowinski weighed in on the recent slide in enterprise software stocks. Slowinski said Oracle's newly announced 2026 capital plan which includes raising up to $50 billion in debt and equity has rattled some investors, particularly the equity component, which came as a...
This article first appeared on GuruFocus. Oracle Corp. (ORCL, Financials) is back in the spotlight after BNP Paribas analyst Stefan Slowinski weighed in on the recent slide in enterprise software stocks. Slowinski said Oracle's newly announced 2026 capital plan which includes raising up to $50 billion in debt and equity has rattled some investors, particularly the equity component, which came as a surprise. Still, he believes the move ultimately reassures markets that Oracle's financing is solid and its long-term cloud strategy remains on track. Slowinski noted that Oracle's balance sheet flexibility will support its data center buildout and help meet ambitious 2030 growth goals. He added that orders from existing AI customers should continue to climb as global demand for infrastructure accelerates. Turning to Adobe, Slowinski said the company is grappling with AI disruption fears that have pressured its shares. With 70 million free users now in its ecosystem, Adobe's monetization cycle could take longer, though he called its usage metrics reassuring. Both companies, he concluded, are facing short-term turbulence but remain fundamentally strong positioned to benefit as enterprise AI spending continues to expand.
When Tottenham have made managerial changes in the 21st century, they have seemingly been guided by a specific principle. The new man must represent a fresh start and so it would surely help if he were radically different to his predecessor; often the complete counterpoint. It began when Glenn Hoddle came in for George Graham in 2001 and over the ensuing years the club have bounced, for example, f...
When Tottenham have made managerial changes in the 21st century, they have seemingly been guided by a specific principle. The new man must represent a fresh start and so it would surely help if he were radically different to his predecessor; often the complete counterpoint. It began when Glenn Hoddle came in for George Graham in 2001 and over the ensuing years the club have bounced, for example, from Juande Ramos to Harry Redknapp to André Villas-Boas. From Mauricio Pochettino to José Mourinho. From Antonio Conte to Ange Postecoglou. When Postecoglou ran out of road at the end of last season, his Europa League triumph no insulation against historically dreadful league form, the club were always going to turn the dial towards pragmatism: a head coach who could instil a little more defensive structure, who might not go for broke with every player pushed up on halfway after two red cards. And it was not only because any manager would look pragmatic after Postecoglou. Thomas Frank was a sensible appointment because he is a sensible professional: solid and well-balanced, like his teams. A people person and excellent man-manager. Not to mention someone who had enjoyed outstanding success at Brentford over the previous seven years relative to the club’s means. Frank had received rave reviews for his work from Pep Guardiola and Jürgen Klopp, among others. He was ready for the step up to a big club. View image in fullscreen Thomas Frank struggles to get his message across to his players during Spurs’ damaging 3-0 defeat at Nottingham Forest. Photograph: Catherine Ivill/AMA/Getty Images So how did it come to this, Frank bundled out of the exit door at Spurs on Wednesday with most of the fanbase happy to see him go? It is a tale of soaring dreams running into grim reality; of problems and missteps; of a rage, too, with the other mob from down the road, a complex with them. Above all, it is one about a misalignment, a relationship that felt as though it had started on the back ...
This article first appeared on GuruFocus. Palantir Technologies (NASDAQ:PLTR) has signed a multi-year extension of its agreement with Airbus SE (EADSF) to continue supporting the aircraft maker's Skywise aviation data platform. Financial terms were not disclosed. Skywise is Airbus' digital data platform used across civil aviation. It brings together aircraft performance, operational and engineerin...
This article first appeared on GuruFocus. Palantir Technologies (NASDAQ:PLTR) has signed a multi-year extension of its agreement with Airbus SE (EADSF) to continue supporting the aircraft maker's Skywise aviation data platform. Financial terms were not disclosed. Skywise is Airbus' digital data platform used across civil aviation. It brings together aircraft performance, operational and engineering data to help airlines and manufacturers manage maintenance, production and fleet planning. The partnership between the two companies dates back to 2015. More than 50,000 users access the platform globally, integrating data analytics into daily airline and industrial operations. Under the renewed agreement, Airbus will continue shifting parts of Skywise to sovereign cloud environments. Sovereign cloud refers to cloud infrastructure that keeps data within specific national borders to meet local regulatory and data governance rules. Palantir's France-based team has worked with Airbus for nearly a decade to expand the platform's artificial intelligence and analytics capabilities. The extension comes as aerospace manufacturers face supply chain constraints and rising costs, increasing demand for data-driven efficiency tools.
Thomas Kelley/iStock Editorial via Getty Images Humana ( HUM ) fell ~8% in the premarket on Wednesday as the company, with its Q4 2025 results, projected a lower-than-expected outlook for 2026, following similarly disappointing guidance issued by its managed care rivals, including UnitedHealth ( UNH ) and CVS Health ( CVS ). In late January, UnitedHealth ( UNH ), the number one player in the Medic...
Thomas Kelley/iStock Editorial via Getty Images Humana ( HUM ) fell ~8% in the premarket on Wednesday as the company, with its Q4 2025 results, projected a lower-than-expected outlook for 2026, following similarly disappointing guidance issued by its managed care rivals, including UnitedHealth ( UNH ) and CVS Health ( CVS ). In late January, UnitedHealth ( UNH ), the number one player in the Medicare Advantage market, dropped nearly 20% after the Eden Prairie, Minnesota-based health insurer projected 2026 revenue well short of Street forecasts. On Tuesday, CVS Health ( CVS ), the operator of health insurer Aetna, closed lower despite posting a double beat with its Q4 2025 results, as the company’s reaffirmed earnings outlook fell short of analysts' expectations at the midpoint. Humana ( HUM ), the number two player in the MA market, on Wednesday posted $17.14 of adj. EPS for 2025 but estimated at least $9.00 of adjusted EPS for 2026 compared to $12.00 in the consensus . The Louisville, Kentucky-based firm cited an impact from a decline in Medicare Star Ratings, which it said will hurt its 2026 quality bonus payments paid by Centers for Medicare & Medicaid Services (CMS) for top-rated healthcare plans. "We continue to feel good about our consumer-focused strategy and our individual Medicare Advantage membership growth in 2026, which will allow us to build for the future with even better outcomes and experiences,” CEO Jim Rechtin said. However, Humana ( HUM ) posted $32.6B in revenue for the quarter with ~12% YoY growth, exceeding the consensus by $630M, while its adj. net loss per share rose ~83% YoY to $3.96, still beating Street estimates by $0.03. The company said its benefit ratio for the insurance segment stood at 93.1% in Q4, indicating an increase of 100 bps, and it expects the ratio to reach 92.50% - 93.00% in 2026 amid a roughly 25% YoY growth in Medicare Advantage memberships thanks to new sales and other factors. More on Humana Humana: Market Is Right To B...