Kornitzer Capital Management Inc. KS reduced its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 58.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 81,224 shares of the chip maker's stock after selling 113,170 shares during the period. Kornitzer Capital Management Inc. KS's holdings in I...
Kornitzer Capital Management Inc. KS reduced its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 58.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 81,224 shares of the chip maker's stock after selling 113,170 shares during the period. Kornitzer Capital Management Inc. KS's holdings in Intel were worth $2,725,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also made changes to their positions in INTC. Vanguard Group Inc. grew its stake in Intel by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker's stock valued at $8,644,244,000 after acquiring an additional 8,513,298 shares during the period. State Street Corp grew its position in Intel by 1.6% in the second quarter. State Street Corp now owns 203,617,629 shares of the chip maker's stock worth $4,561,035,000 after acquiring an additional 3,168,824 shares during the period. Geode Capital Management LLC increased its stake in Intel by 1.8% during the second quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker's stock worth $2,174,854,000 after acquiring an additional 1,760,773 shares during the last quarter. Primecap Management Co. CA raised its position in Intel by 4.3% in the second quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker's stock valued at $1,798,679,000 after purchasing an additional 3,313,890 shares during the period. Finally, Norges Bank acquired a new position in shares of Intel in the 2nd quarter valued at $1,579,378,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors. Get Intel alerts: Sign Up Wall Street Analysts Forecast Growth Several brokerages recently issued reports on INTC. Wedbush restated a "neutral" rating and issued a $30.00 price objective on shares of Intel in a report on Tuesday...
Art Wager/E+ via Getty Images Prosperity Bancshares ( PB ) agreed to acquire Stellar Bancorp ( STEL ) in a cash-and-stock transaction valued at ~$2.00B, creating Texas's second-largest bank by deposits, the companies said on Wednesday. Under the terms of the agreement, Prosperity ( PB ) will issue 0.3803 shares of its common stock and $11.36 in cash for each outstanding share of Stellar ( STEL ) c...
Art Wager/E+ via Getty Images Prosperity Bancshares ( PB ) agreed to acquire Stellar Bancorp ( STEL ) in a cash-and-stock transaction valued at ~$2.00B, creating Texas's second-largest bank by deposits, the companies said on Wednesday. Under the terms of the agreement, Prosperity ( PB ) will issue 0.3803 shares of its common stock and $11.36 in cash for each outstanding share of Stellar ( STEL ) common stock. Based on Prosperity's closing price of $72.90 on Jan. 27, 2026, the deal values each Stellar share at ~$39.08, a ~20% premium to Stellar's closing price of $32.63 on Tuesday. Stellar Bancorp ( STEL ) stock rose 12%, and Prosperity Bancshares ( PB ) stock dropped 6.1% in premarket trading on Wednesday. Stellar ( STEL ) operates 52 banking offices in the greater Houston, Beaumont, and surrounding areas, and Dallas. As of Dec. 31, 2025, Stellar had total assets of $10.81B, total loans of $7.30B, and total deposits of $9.02B. That will add to Prosperity's ( PB ) $38.5B of total assets, $21.8B of total loans, and $28.5B of total deposits as of Dec. 31. "This is a rare opportunity to significantly enhance our presence in the Houston area, a market with a diverse economy that is continually attracting investment and has a growing population," said David Zalman, senior chairman and CEO of Prosperity ( PB ). "Our banks have a complementary footprint, and we are familiar with and remain committed to the communities that Stellar Bank serves, including with both financial products and community support." Stellar ( STEL ) CEO and Stellar Bank Executive Chairman Robert R. Franklin, Jr., will join Prosperity Bank as vice chairman, and Ramon Vitulli, Stellar's president and Stellar Bank's CEO, will join Prosperity Bank as Houston area chairman. Franklin and one other member of the Stellar ( STEL ) board will join Prosperity's ( PB ) board of directors, and Vitulli and Pat Parsons, a director of Stellar Bank, will join Prosperity Bank's board. More on Prosperity Bancshares, Ste...
This article first appeared on GuruFocus. Amazon.com Inc. (AMZN, Financials) is bringing its biggest retail store yet to the Chicago suburbs after getting the green light from the Orland Park Village Board this week. The store will be 230,000 square feet and sell groceries, household items, and other things. Officials in the village were keen to point out that the new site will be a public store, ...
This article first appeared on GuruFocus. Amazon.com Inc. (AMZN, Financials) is bringing its biggest retail store yet to the Chicago suburbs after getting the green light from the Orland Park Village Board this week. The store will be 230,000 square feet and sell groceries, household items, and other things. Officials in the village were keen to point out that the new site will be a public store, not a warehouse or fulfillment center. Amazon isn't getting any tax breaks from the city, but the project is expected to bring in millions of dollars in new property and sales tax income, which will help pay for road and infrastructure improvements. There will be about 200 construction jobs available during the buildout, and about 500 permanent employment available when the shop opens next year. The growth is a sign that Amazon is once again focusing on physical retail, as the corporation tries to find a balance between its online and in-person purchasing. People say that similar schemes are being thought about in other big U.S. markets.
Intel Corporation (NASDAQ:INTC) is one of the stocks Jim Cramer discussed, along with market shortages. Cramer discussed the company’s post-earnings stock price decline, as he remarked: Last night, Intel reported a decent enough quarter but offered distinctly suboptimal guidance for the current quarter, which it said was totally because of the CPU shortage. Remember, anything that goes into a PC o...
Intel Corporation (NASDAQ:INTC) is one of the stocks Jim Cramer discussed, along with market shortages. Cramer discussed the company’s post-earnings stock price decline, as he remarked: Last night, Intel reported a decent enough quarter but offered distinctly suboptimal guidance for the current quarter, which it said was totally because of the CPU shortage. Remember, anything that goes into a PC or server is in short supply, thanks to the data center boom. So Intel can’t make enough CPUs to truly profit from the shortage. They planned wrong. They were caught unawares. It happens, but that’s why the stock got obliterated today, down 17%. They didn’t factor in the storage correctly. There was just too much shortage, just way more than they thought… Intel’s slide was so bad that it dragged down the memory chip makers. Pure guilt by association, but that’s ridiculous. Intel doesn’t have a problem with demand. They said we can’t produce enough supply. The industry’s in great shape. This is just one company with lackluster execution and no more than that. I think Intel’s still a great company. It’s come back under Lip-Bu Tan. I think it’s going to take advantage of the CPU shortage, and I do believe that Lip-Bu can fix what’s ailing the company. It was a very broken company when he came in. Photo by Slejven Djurakovic on Unsplash Intel Corporation (NASDAQ:INTC) designs and manufactures processors, chips, memory, and related hardware. Additionally, it provides software, optimization solutions, and AI-enabled platforms. While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. T...
(RTTNews) - Littelfuse, Inc. (LFUS), a technology manufacturing company, on Wednesday, reported its net loss widened in the fourth quarter compared with the previous year. For the fourth quarter, net loss widened to $242.14 million from $51.79 million in the prior year. Loss per share was $9.72 versus $2.09 last year. Adjusted net income increased to $309.8 million from $90 million in the previous...
(RTTNews) - Littelfuse, Inc. (LFUS), a technology manufacturing company, on Wednesday, reported its net loss widened in the fourth quarter compared with the previous year. For the fourth quarter, net loss widened to $242.14 million from $51.79 million in the prior year. Loss per share was $9.72 versus $2.09 last year. Adjusted net income increased to $309.8 million from $90 million in the previous year. Adjusted earnings per share were $2.69 versus $1.53 last year. On average, five analysts had expected the company to report $2.53 per share. Analysts' estimates typically exclude special items. Adjusted EBITDA increased to $121.6 million from $83 million in the previous year. Operating loss widened to $222.82 million from $49.50 million in the prior year. Net sales increased to $593.93 million from $529.51 million in the previous year. Further, the company said it will pay a cash dividend of $0.75 per share on March 5 to shareholders of record as of February 19. On Tuesday, Littelfuse closed trading 1.96% higher at $296.17 on the Nasdaq. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Birkenstock Holding Plc aims to generate double-digit growth in revenue and earnings-per-share through 2028 as the German sandal maker offers its first strategy update since floating in 2023. The company hopes to generate €1 billion ($1.2 billion) in incremental revenue over the next three fiscal years based on an average annual growth of as much as 15% on a constant-currency basis, according to s...
Birkenstock Holding Plc aims to generate double-digit growth in revenue and earnings-per-share through 2028 as the German sandal maker offers its first strategy update since floating in 2023. The company hopes to generate €1 billion ($1.2 billion) in incremental revenue over the next three fiscal years based on an average annual growth of as much as 15% on a constant-currency basis, according to slides published ahead of an investor event in New York City on Wednesday. The expansion would include a doubling of the business in the Asia-Pacific region, while the Americas and EMEA regions would see double-digit growth, the company said. Birkenstock previously said that revenue in its current fiscal year could reach €2.35 billion. Chief Executive Officer Oliver Reichert has been trying to win over investors with his slow-but-steady approach to growth, making sure that consumer demand for Birkenstock’s footwear always exceeds its production. Until now, that’s allowed the company to steadily raise the average selling price of its shoes and avoid markdowns. With its own network of factories in Germany, Birkenstock has more control over its production and distribution than most footwear brands, who rely on partners in Asia to manufacture their products. Birkenstock has also benefited from its embrace of the fashion world, marketing an array of high-end sandals and clogs, often designed in collaborations with the likes of Rick Owens and Dior . Yet Reichert has drawn criticism for not giving enough information on Birkenstock’s performance and expectations. That’s one reason the stock has recently traded below its 2023 initial public offering price of $46, despite strong growth and profitability. The shares are down about 37% in the past year. Birkenstock’s mid-term sales ambition laid out on Wednesday appears to exceed the €3.05-billion average of analyst estimates for 2028, according to data compiled by Bloomberg. While Birkenstock is publicly traded in New York, private equ...
(RTTNews) - Fidelity D&D Bancorp Inc (FDBC) announced a profit for its fourth quarter that Increased, from last year The company's earnings came in at $7.94 million, or $1.37 per share. This compares with $5.83 million, or $1.02 per share, last year. The company's revenue for the period rose 17.8% to $19.28 million from $16.37 million last year. Fidelity D&D Bancorp Inc earnings at a glance (GAAP)...
(RTTNews) - Fidelity D&D Bancorp Inc (FDBC) announced a profit for its fourth quarter that Increased, from last year The company's earnings came in at $7.94 million, or $1.37 per share. This compares with $5.83 million, or $1.02 per share, last year. The company's revenue for the period rose 17.8% to $19.28 million from $16.37 million last year. Fidelity D&D Bancorp Inc earnings at a glance (GAAP) : -Earnings: $7.94 Mln. vs. $5.83 Mln. last year. -EPS: $1.37 vs. $1.02 last year. -Revenue: $19.28 Mln vs. $16.37 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.
Web publishers and news organisations could be given the power to stop Google scraping their content for its AI Overviews, under measures announced by the UK competition watchdog to loosen its grip on online search. Media organisations have experienced a drop in click-through traffic to their websites – and therefore their revenue – since Google started posting AI summaries at the top of search re...
Web publishers and news organisations could be given the power to stop Google scraping their content for its AI Overviews, under measures announced by the UK competition watchdog to loosen its grip on online search. Media organisations have experienced a drop in click-through traffic to their websites – and therefore their revenue – since Google started posting AI summaries at the top of search results, which many people read without clicking through to the original journalism. Sites have been unable to opt out of their content being scraped for those overviews without also withdrawing from traditional Google search, which, given the company’s market dominance, would hugely affect the visibility of their journalism. On Wednesday, the Competition and Markets Authority proposed “a fairer deal” over how their content was used and launched a month-long consultation on allowing publishers to “be able to opt out of their content being used to power AI features such as AI Overviews or to train AI models outside of Google search”. In the first measures to be announced under the UK’s new digital markets competition regime, the CMA also said Google would have to rank its search results fairly, including not uprating organisations with which it has commercial relationships or potentially punishing websites for speaking out against it. Google says it does not provide special treatment based on an organisation’s relationship with it. News media organisations hope the changes will increase their leverage to get paid if their content is used in Google’s AI mode. However, there was disappointment that the CMA also announced it would wait a year to decide whether to take further action to ensure publishers receive fair and reasonable terms for their content. Owen Meredith, the chief executive of the News Media Association trade body, welcomed the moves. He said the CMA had recognised Google was “able to extract valuable data without reward, harming publishers and giving the company ...
imaginima/iStock via Getty Images Investment Action I give a buy rating for Great Lakes Dredge & Dock Corporation ( GLDD ) as I like the setup. GLDD has strong forward revenue visibility, a backlog skewed toward higher-margin work, and a cost structure that is improving as new vessels enter the fleet. At the same time, offshore wind is a new earnings driver that comes with contracted demand. Compa...
imaginima/iStock via Getty Images Investment Action I give a buy rating for Great Lakes Dredge & Dock Corporation ( GLDD ) as I like the setup. GLDD has strong forward revenue visibility, a backlog skewed toward higher-margin work, and a cost structure that is improving as new vessels enter the fleet. At the same time, offshore wind is a new earnings driver that comes with contracted demand. Company Description GLDD is one of the largest dredging contractors in the United States, operating a large fleet of hopper, hydraulic cutter suction, and mechanical dredges. To put it simply, this is a niche marine infrastructure business. GLDD works mainly as a contractor for the US Army Corps of Engineers, with some exposure to private port operators and energy-related clients. There are four main scopes of work here: (1) capital dredging, which involves deepening ports and channels so they can handle larger vessels and heavier traffic; (2) coastal protection, which focuses on beach replenishment and barrier island construction; (3) maintenance dredging, which is the recurring work; and (4) offshore energy, which is the newest area, which focuses on subsea rock installation that supports offshore wind foundations. A Solid Backlog The biggest worry for a business like GLDD is that it is inherently a project-based business, and such businesses tend to have poor revenue visibility, especially when it comes to dealing with government entities. Fortunately for GLDD, this is not the case. As of the end of Q3 2025 , GLDD had a dredging backlog of $934.5 million (this basically covers the entire FY24 revenue, by the way). That figure itself is already comforting, but what gives even more comfort is that GLDD has an effective backlog of >$1.1 billion. This effective backlog includes ~$193.5 million of low bids and pending awards that have not yet been formally booked. With $1.1 billion of effective backlog, GLDD can effectively cover the next 15 months of revenue easily. I’d take this...
OneAscent Financial Services LLC lessened its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 72.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,160 shares of the semiconductor company's stock after selling 2,997 shares during the quarter. OneAscent Financial Services LLC's hold...
OneAscent Financial Services LLC lessened its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 72.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,160 shares of the semiconductor company's stock after selling 2,997 shares during the quarter. OneAscent Financial Services LLC's holdings in Taiwan Semiconductor Manufacturing were worth $324,000 at the end of the most recent quarter. Several other large investors have also modified their holdings of the business. Heartwood Wealth Advisors LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter worth $32,000. Fairman Group LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 171.2% during the third quarter. Fairman Group LLC now owns 141 shares of the semiconductor company's stock worth $39,000 after buying an additional 89 shares in the last quarter. Resources Management Corp CT ADV acquired a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $32,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $33,000. Finally, Navigoe LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $42,000. 16.51% of the stock is currently owned by institutional investors and hedge funds. Get TSM alerts: Sign Up Taiwan Semiconductor Manufacturing Price Performance TSM opened at $338.28 on Wednesday. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $351.33. The company has a current ratio of 2.69, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19. The firm has a market cap of $1.75 trillion, a price-to-earnings ratio of 31.76, a PEG ratio of 0.96 and a beta of 1.29. The company has a...
Deutsche Bank AG said its offices are being inspected by law enforcement officials. “We confirm that the Frankfurt public prosecutor’s office is on site in our offices,” a spokesperson said in an emailed statement on Wednesday. “The bank is cooperating fully with the public prosecutor’s office. We cannot comment further.” German news outlet Der Spiegel reported earlier that the public prosecutor’s...
Deutsche Bank AG said its offices are being inspected by law enforcement officials. “We confirm that the Frankfurt public prosecutor’s office is on site in our offices,” a spokesperson said in an emailed statement on Wednesday. “The bank is cooperating fully with the public prosecutor’s office. We cannot comment further.” German news outlet Der Spiegel reported earlier that the public prosecutor’s office is conducting a probe into suspected money laundering against unknown employees of Deutsche Bank, citing information from the prosecutor’s office. The lender is slated to report fourth-quarter earnings on Thursday.
Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer discussed, along with market shortages. Cramer highlighted the stock’s constant decline for the past few weeks, as he said: Now, last night I told you that the Intel breakage would reverse the huge flow of money out of Magnificent Seven into the storage plays, and to some extent, that happened. The money flowed out of the storage plays right...
Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer discussed, along with market shortages. Cramer highlighted the stock’s constant decline for the past few weeks, as he said: Now, last night I told you that the Intel breakage would reverse the huge flow of money out of Magnificent Seven into the storage plays, and to some extent, that happened. The money flowed out of the storage plays right into the Mag Seven… These are all jumping because the money flew back from storage into Mag Seven. It just goes back and forth and back and forth, and it doesn’t impact them all. Apple saw its stock fall for the eighth week in a row because anyone who makes phones or computers is a victim of the memory shortage. They have to buy a lot of these sky-high storage devices. People say sell Apple off it. I’m not, I’m not a believer, but I recognize that’s what’s happening. brandon-romanchuk-NOFyRmSQfUQ-unsplash Apple Inc. (NASDAQ:AAPL) manufactures and sells devices such as the iPhone, Mac, iPad, along with its line-up of wearables and accessories. The devices are supported by the company’s app ecosystem, AppleCare, and cloud tools. While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks Jim Cramer discussed, along with market shortages. Discussing the effect of Intel’s inability to predict the CPU shortage on the company, Cramer said: Of course, that’s great news for the main competitor, AMD, which rallied nicely today because they did factor in the shortage. We wish we had not sold AMD for the Charitable Trust, but t...
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the stocks Jim Cramer discussed, along with market shortages. Discussing the effect of Intel’s inability to predict the CPU shortage on the company, Cramer said: Of course, that’s great news for the main competitor, AMD, which rallied nicely today because they did factor in the shortage. We wish we had not sold AMD for the Charitable Trust, but that’s would have, should have, could have. AMD_vladimir-malyutin-sw8-yizppMs-unsplash Advanced Micro Devices, Inc. (NASDAQ:AMD) makes processors, graphics cards, and AI chips for computers, servers, and gaming systems. The company’s products include Ryzen, Radeon, and EPYC. Alpha Wealth Insiders Fund stated the following regarding Advanced Micro Devices, Inc. (NASDAQ:AMD) in its third quarter 2025 investor letter: Business: Advanced Micro Devices, Inc. (NASDAQ:AMD) is a prominent global semiconductor company that designs and develops a wide range of high-performance computing and visualization products. Under the leadership of CEO Lisa Su, AMD has transformed into a strong competitor in various segments, particularly in the booming AI and data center markets While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.