Paris, 3 February 2026 Capitalised terms used herein shall have the meaning specified for such terms in the Sfil base prospectus to the €20,000,000,000 Euro Medium Term Note Programme dated 10 June 2025 (the “Base Prospectus”). Sfil has decided to issue on 5 February 2026 – Euro 250,000,000 Fixed Rate Notes due 23 May 2031 to be assimilated upon listing and form a single series with the existing i...
Paris, 3 February 2026 Capitalised terms used herein shall have the meaning specified for such terms in the Sfil base prospectus to the €20,000,000,000 Euro Medium Term Note Programme dated 10 June 2025 (the “Base Prospectus”). Sfil has decided to issue on 5 February 2026 – Euro 250,000,000 Fixed Rate Notes due 23 May 2031 to be assimilated upon listing and form a single series with the existing issue of Euro 1,000,000,000 Fixed Rate Notes due 23 May 2031 issued on 23 January 2026. The Base Prospectus dated 10 June 2025 and the supplements to the Base Prospectus dated 10 October 2025 and 31 October 2025 approved by the Autorité des Marchés Financiers and the Final Terms relating to the issue are available on the website of the Issuer (www.sfil.fr), on the website of the AMF (www.amf-france.org) and with the Paying Agent indicated in the Base Prospectus. Attachment
Key Points Colgate-Palmolive, a Dividend King with 63 years of dividend increases to its name, is trading up 16.8% so far in 2026. Yet for a much longer period, the stock's total return badly trailed that of the S&P 500. Wall Street liked its Jan. 30 earnings report, with shares ticking up 5% following the release. 10 stocks we like better than Colgate-Palmolive › For the first 25 years of this ce...
Key Points Colgate-Palmolive, a Dividend King with 63 years of dividend increases to its name, is trading up 16.8% so far in 2026. Yet for a much longer period, the stock's total return badly trailed that of the S&P 500. Wall Street liked its Jan. 30 earnings report, with shares ticking up 5% following the release. 10 stocks we like better than Colgate-Palmolive › For the first 25 years of this century, Colgate-Palmolive (NYSE: CL) was a decent stock to own. The $73 billion global producer of numerous consumer goods, from toothpaste to dish soap to pet food, raised its dividend by 533% over those 25 years, as part of its 63-year streak of annual payout increases. In this period, it achieved a total return of 379%, including dividends. However, notice I said "decent," rather than great when referring to Colgate-Palmolive's stock performance. The stock significantly underperformed the S&P 500's 539% total return in that window, and spent 2025 in the doldrums. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Yet, so far in 2026, shares are up 16.8% (as of Monday afternoon), compared to the S&P 500's 2.1% rise. These numbers can change in a hurry, but for now, this 8-to-1 market beat may have investors wondering if they should get in on the stock's momentum. Why Colgate-Palmolive's stock popped Last Friday, the share price rose over 5% on news that its fourth-quarter earnings report showed sales rising 5.8% year over year. The $5.23 billion in sales, slightly higher than Wall Street expected, came mostly from higher prices rather than volume growth. In another good sign, organic sales, or sales generated exclusively from a company's existing operations and core business activities, grew by 2.2%. Interestingly, Wall Street shrugged off a reported $5 million net loss for the quarter, which came largely from a $794 million impairment charge over its skin...
PayPal (NASDAQ:PYPL), a digital payments platform for merchants and consumers worldwide, closed Tuesday at $41.70, down 20.31%. The stock fell after Q4 2025 earnings and 2026 profit guidance missed expectations, while investors are watching how new leadership and capital-return plans reshape growth and margins. Trading volume reached 139 million shares, coming in about 792% above its three-month a...
PayPal (NASDAQ:PYPL), a digital payments platform for merchants and consumers worldwide, closed Tuesday at $41.70, down 20.31%. The stock fell after Q4 2025 earnings and 2026 profit guidance missed expectations, while investors are watching how new leadership and capital-return plans reshape growth and margins. Trading volume reached 139 million shares, coming in about 792% above its three-month average of 16 million shares. PayPal IPO'd in 2015 and has grown 10% since going public. How the markets moved today S&P 500 (SNPINDEX:^GSPC) slipped 0.84% to 6,918, while the Nasdaq Composite (NASDAQINDEX:^IXIC) fell 1.43% to 23,255, reflecting broader selling in growth names. Among credit services stocks, sector rival Fiserv (NASDAQ:FISV) closed at $58.12, down 7.66%, as investors reassessed payment stocks after PayPal’s weak outlook. What this means for investors Prior to Tuesday’s market open, PayPal reported its Q4 2025 results, and they fell short of expectations. Revenue of $6.7 billion and adjusted earnings per share (EPS) of $1.23 both missed analysts’ estimates. Making matters worse, management cut its profit outlook for this year and withdrew its 2027 targets. Missing estimates and lowering guidance are a sure-fire way to trigger a stock selloff. In addition to the financial results, the company also announced the sudden departure of its CEO, Alex Chriss, who will be replaced by Enrique Lores. Lores was serving as CEO of HP (NYSE:HPQ) and also served on PayPal’s Board of Directors. This is certainly a lot of news for PayPal investors to digest in one day, but it may be worth waiting to see how things shake out. PayPal is still a leader in the digital payments space, and this leadership change is unfortunately what happens when companies fail to meet their own expectations. Should you buy stock in PayPal right now? Before you buy stock in PayPal, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for i...
lcva2/iStock Editorial via Getty Images Reshuffling The Mag 7 Deck I previously covered Microsoft Corporation ( MSFT ) back in July of 2025 . My argument then was that the OpenAI ( OPENAI ) investment was questionable, with the company at the time getting poached frequently by Meta Platforms ( META ). In reality, OpenAI is not exactly crucial to the ongoing cash flows of Microsoft; if anything, it...
lcva2/iStock Editorial via Getty Images Reshuffling The Mag 7 Deck I previously covered Microsoft Corporation ( MSFT ) back in July of 2025 . My argument then was that the OpenAI ( OPENAI ) investment was questionable, with the company at the time getting poached frequently by Meta Platforms ( META ). In reality, OpenAI is not exactly crucial to the ongoing cash flows of Microsoft; if anything, it's a shot in the dark, anticipating profits yet to come far into the future. It's not exactly fair to rate Microsoft based on the company's relationship with OpenAI; the core business and revenues have nothing to do with it other than to improve revenue and possibly margins for AI add-ons to enterprise software. My Reshuffled "Mag 6" In my opinion, 6 of the Mag 7 are simply exemplary cash-flowing businesses that are hard to compete with. The only company I extracted from the 7 is Tesla ( TSLA ), being that the company has an unclear fundamental story and is more or less moved by news headlines and future stories yet to come. As for the other 6, they all have core, high-margin (either gross, operating, or both) businesses that make future earnings projections easier for professional analysts to predict. The six I am referring to are the following: Amazon ( AMZN ). Google ( GOOGL , GOOG ). Microsoft. Meta Platforms. Nvidia ( NVDA ). Apple ( AAPL ). These companies I consider like a hand of cards, I'm willing to add to any, but only at the right price. In this case, the earnings multiple is my indicator. Microsoft both unfairly had a multiple expansion due to the early OpenAI partnership, and also unfairly now gets a re-rate lower as some of the other AIs begin to pull ahead. The cloud and enterprise software businesses are still intact. OpenAI also continues to receive new support from other companies like Oracle ( ORCL ) with "Stargate" and Nvidia ( NVDA ) to help keep the company moving forward, while it lacks the ability to tap public capital markets like other publicly li...
A collision between a speedboat carrying migrants and a Greek coastguard patrol vessel off the eastern Aegean island of Chios has killed at least 15 people, the coastguard said late on Tuesday, while a search and rescue operation involving patrol boats, a helicopter and divers was under way for potentially missing people. The bodies of 14 people – 11 men and three women – were recovered from the s...
A collision between a speedboat carrying migrants and a Greek coastguard patrol vessel off the eastern Aegean island of Chios has killed at least 15 people, the coastguard said late on Tuesday, while a search and rescue operation involving patrol boats, a helicopter and divers was under way for potentially missing people. The bodies of 14 people – 11 men and three women – were recovered from the sea, the coastguard said, while another 25 migrants, including about 11 children, were rescued and transported to a hospital on Chios, as were two coastguard officers who were injured in the incident. One of the injured women later died in hospital, the coastguard added, bringing the total death toll to at least 15. Advertisement The total number of people who had been on board the speedboat was not immediately clear, and a search and rescue operation involving four patrol vessels, an air force helicopter and a private boat carrying divers was under way for potentially missing passengers. Video footage by a local news site showed at least one person being carried in a blanket from a boat moored on the side of a jetty into a waiting coastguard vehicle with blue flashing lights, as others appeared to lead two children, one of them limping, towards the car. Ambulances prepare to transport the injured at a port in Chios Island, Greece, on Tuesday. Photo: EPA The coastguard did not immediately have further information on exactly how the collision occurred.
There is concern that subscribers might be negatively affected if Netflix acquires Warner Bros. Discovery’s (WBD's) streaming and movie studios businesses. One of the biggest fears is that the merger would lead to higher prices due to Netflix having less competition. During a Senate hearing today, Netflix co-CEO Ted Sarandos suggested that the merger would have an opposite effect. Sarandos was spe...
There is concern that subscribers might be negatively affected if Netflix acquires Warner Bros. Discovery’s (WBD's) streaming and movie studios businesses. One of the biggest fears is that the merger would lead to higher prices due to Netflix having less competition. During a Senate hearing today, Netflix co-CEO Ted Sarandos suggested that the merger would have an opposite effect. Sarandos was speaking at a hearing held by the US Senate Judiciary Committee’s Subcommittee on Antitrust, Competition Policy, and Consumer Rights, “ Examining the Competitive Impact of the Proposed Netflix-Warner Brothers Transaction .” Sarandos aimed to convince the subcommittee that Netflix wouldn’t become a monopoly in streaming or in movie and TV production if regulators allowed its acquisition to close. Netflix is the largest subscription video-on-demand (SVOD) provider by subscribers (301.63 million as of January 2025), and WBD is the third (128 million streaming subscribers, including users of HBO Max and, to a smaller degree, Discovery+). Read full article Comments
Newly released emails and travel itineraries appear to show that for years after Jeffrey Epstein served time for procuring underage girls for prostitution, he continued to attend exclusive dinners alongside Silicon Valley’s most famous billionaires. The emails, part of a trove released by the Department of Justice on Friday, show that as late as 2018, Epstein was invited to or attended dinners alo...
Newly released emails and travel itineraries appear to show that for years after Jeffrey Epstein served time for procuring underage girls for prostitution, he continued to attend exclusive dinners alongside Silicon Valley’s most famous billionaires. The emails, part of a trove released by the Department of Justice on Friday, show that as late as 2018, Epstein was invited to or attended dinners alongside the likes of Elon Musk, Jeff Bezos, Google founders Larry Page and Sergey Brin, Twitter co-founder Evan Williams, Microsoft founder Bill Gates, and Google vice-president and later Yahoo CEO Marissa Mayer. None of those attenders responded for a request for comment. Musk posted to X on Saturday that “No one pushed harder than me to have the Epstein files released and I’m glad that has finally happened”, adding: “I had very little correspondence with Epstein and declined repeated invitations to go to his island or fly on his ‘Lolita Express’, but was well aware that some email correspondence with him could be misinterpreted and used by detractors to smear my name.” In a separate post, Musk downplayed the release of the files, calling it “performative” in the absence of arrests. Most of the events were staged by the Edge network, a creation of literary agent John Brockman, which offered a platform for public commentary by artists, technologists and intellectuals, along with “sumptuous dinners [and] exclusive conferences … for the rich, the smart, and the powerful”. Brockman is a literary agent and self-described “impresario and promoter of scientific ideas”, who has represented authors including Richard Dawkins, Daniel Dennett and Jared Diamond, as previously reported in the Guardian. He played an early role in shaping the ethos and self-conception of the Silicon Valley elite. Brockman did not respond to requests for comment from the Guardian. In 2019, tech critic Evgeny Morozov, who was for a time represented by Brockman, called him “a true ‘organic intellectual’ of th...
Charlie Daniels praised Watford’s players for the way they secured a point and pushed for more in the goalless draw at the promotion-chasing Hull just days after Javi Gracia’s abrupt exit. The Spaniard ended his second spell at Vicarage Road on Sunday, having called for talks with the owner, Gino Pozzo, the previous day after overseeing a 2-0 home defeat against Swansea. Daniels, the under-21s lea...
Charlie Daniels praised Watford’s players for the way they secured a point and pushed for more in the goalless draw at the promotion-chasing Hull just days after Javi Gracia’s abrupt exit. The Spaniard ended his second spell at Vicarage Road on Sunday, having called for talks with the owner, Gino Pozzo, the previous day after overseeing a 2-0 home defeat against Swansea. Daniels, the under-21s lead coach, was made caretaker after Gracia’s exit, joined by Adrian Mariappa and Dan Gosling, and two days later oversaw an impressive performance at the MKM Stadium. “It was a really good performance,” the interim manager said. “I thought the lads understood what we asked of them tactically. “The energy they played with and the quality they showed and they possess, I thought it came through tonight. For me, the only thing missing from that performance was a goal. View image in fullscreen Watford’s interim manager, Charlie Daniels, took over from Javi Gracia after the latter’s resignation on Sunday. Photograph: Mike Egerton/PA “From one training session, the response has been really pleasing. They’ve taken on board what we’ve said and what we’ve asked of them and they’ve implemented it. It showed in our performance.” Daniels expects to still be in charge when Watford travel to Southampton on Saturday as a whirlwind week continues. “Luckily, on Sunday, we were in prepping for our under-21s game today against QPR,” he said. “We were actually on the pitch at the time when we got called in. “We went up to see [the chair and chief executive] Scott Duxbury and he informed us that obviously Javi was leaving and we were going to take charge. I don’t really know too much more than that. We say control the controllable.” This fixture was supposed to be played a month ago only to be postponed 18 minutes before kick-off and it saw Watford end Hull’s run of Championship wins since then. A fifth successive victory for the Tigers would have put them within two points of the automatic promot...
watch now VIDEO 5:07 05:07 We saw lots of good companies that make software-as-a-service wilt after strong earnings, says Jim Cramer Mad Money with Jim Cramer CNBC's Jim Cramer said Thursday that investors need to tread carefully in the wake of another brutal day of selling in software stocks. The market's fear around artificial intelligence-driven disruption to their business models is driving in...
watch now VIDEO 5:07 05:07 We saw lots of good companies that make software-as-a-service wilt after strong earnings, says Jim Cramer Mad Money with Jim Cramer CNBC's Jim Cramer said Thursday that investors need to tread carefully in the wake of another brutal day of selling in software stocks. The market's fear around artificial intelligence-driven disruption to their business models is driving indiscriminate selling, Cramer said, making it difficult to know where valuations ultimately settle. While the cohort has been under pressure for months, the latest leg lower Tuesday is being chalked up to Anthropic rolling out new legal tools for its Cowork product. Wall Street has decided that "everything software must be thrown away, anything remotely connected to software is suspect, including companies that just collect data," Cramer said Tuesday on "Mad Money." "But any client — a bank, a consumer-packaged goods company, an industrial company — is golden, at least for now." On Tuesday, shares of ServiceNow tumbled nearly 7%, pushing its year-to-date losses to 28%. Salesforce also dropped about 7%, bringing its 2026 decline to almost 26%. Intuit , the TurboTax parent, fell nearly 11% and is now down more than 34% year to date. Those moves contributed to the tech-heavy Nasdaq Composite sliding 1.4% on Tuesday. By contrast, Cramer noted that winning stocks in Tuesday's session included the likes of Procter & Gamble , FedEx and Union Pacific . Software stocks haven't seen their reported profits collapse yet, Cramer said. "Wall Street's paying less and less for their earnings. The earnings aren't going away, they're just paying less for them, because that's what you do when you're worried about the future," he said. That creates a challenge for investors looking to step in. "The problem with a shrinking price to earnings multiple is that you don't know how low it can go," Cramer said. While some investors have rotated into companies that spend heavily on software like banks,...