This global cruise operator leverages a multi-brand strategy to serve diverse leisure travelers across major international markets. On January 29, Deltec Asset Management reported selling 146,667 shares of Norwegian Cruise Line Holdings (NCLH +10.41%), an estimated $3.10 million transaction based on quarterly average pricing. What happened According to a recent SEC filing dated January 29, Deltec ...
This global cruise operator leverages a multi-brand strategy to serve diverse leisure travelers across major international markets. On January 29, Deltec Asset Management reported selling 146,667 shares of Norwegian Cruise Line Holdings (NCLH +10.41%), an estimated $3.10 million transaction based on quarterly average pricing. What happened According to a recent SEC filing dated January 29, Deltec Asset Management sold 146,667 shares of Norwegian Cruise Line Holdings during the fourth quarter. The estimated trade value was $3.10 million, calculated using the average unadjusted closing price for the quarter. The fund’s quarter-end position in Norwegian Cruise Line was valued at $7.67 million, reflecting both the share reduction and stock price fluctuations. What else to know Deltec’s sale reduced Norwegian Cruise Line Holdings to 1.27% of its 13F U.S. equity AUM. Top holdings after the filing: NASDAQ: GOOGL: $59.17 million (9.8% of AUM) NASDAQ: AVGO: $37.23 million (6.2% of AUM) NASDAQ: AMZN: $35.78 million (5.9% of AUM) NASDAQ: MSFT: $34.45 million (5.7% of AUM) NASDAQ: NVDA: $31.84 million (5.3% of AUM) As of January 28, Norwegian Cruise Line Holdings shares were priced at $20.79, down 26.9% over the past year and underperforming the S&P 500 by 41.9 percentage points. Company overview Metric Value Revenue (TTM) $9.69 billion Net income (TTM) $958.83 million Price (as of 1/28/26) $20.79 One-year price change (26.90%) Company snapshot Norwegian Cruise Line operates cruise lines under the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands, offering itineraries ranging from three to 180 days across global destinations. The company generates revenue through ticket sales, onboard services, and ancillary offerings, leveraging a multi-brand strategy to capture various segments of the cruise market. It targets leisure travelers worldwide, with distribution through retail travel advisors, direct sales, and group bookings for meetings, incentives, and...
Key Points Deltec Asset Management sold 146,667 shares of Norwegian Cruise Line Holdings in the fourth quarter; the estimated trade value was $3.10 million based on quarterly average prices. Meanwhile, the quarter-end position value declined by $4.41 million, reflecting both share sales and stock price movement. Post-sale, Deltec held 343,633 Norwegian shares valued at $7.67 million. These 10 stoc...
Key Points Deltec Asset Management sold 146,667 shares of Norwegian Cruise Line Holdings in the fourth quarter; the estimated trade value was $3.10 million based on quarterly average prices. Meanwhile, the quarter-end position value declined by $4.41 million, reflecting both share sales and stock price movement. Post-sale, Deltec held 343,633 Norwegian shares valued at $7.67 million. These 10 stocks could mint the next wave of millionaires › On January 29, Deltec Asset Management reported selling 146,667 shares of Norwegian Cruise Line Holdings (NYSE:NCLH), an estimated $3.10 million transaction based on quarterly average pricing. What happened According to a recent SEC filing dated January 29, Deltec Asset Management sold 146,667 shares of Norwegian Cruise Line Holdings during the fourth quarter. The estimated trade value was $3.10 million, calculated using the average unadjusted closing price for the quarter. The fund’s quarter-end position in Norwegian Cruise Line was valued at $7.67 million, reflecting both the share reduction and stock price fluctuations. What else to know Deltec’s sale reduced Norwegian Cruise Line Holdings to 1.27% of its 13F U.S. equity AUM. Top holdings after the filing: NASDAQ: GOOGL: $59.17 million (9.8% of AUM) NASDAQ: AVGO: $37.23 million (6.2% of AUM) NASDAQ: AMZN: $35.78 million (5.9% of AUM) NASDAQ: MSFT: $34.45 million (5.7% of AUM) NASDAQ: NVDA: $31.84 million (5.3% of AUM) As of January 28, Norwegian Cruise Line Holdings shares were priced at $20.79, down 26.9% over the past year and underperforming the S&P 500 by 41.9 percentage points. Company overview Metric Value Revenue (TTM) $9.69 billion Net income (TTM) $958.83 million Price (as of 1/28/26) $20.79 One-year price change (26.90%) Company snapshot Norwegian Cruise Line operates cruise lines under the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands, offering itineraries ranging from three to 180 days across global destinations. The company generate...
Asian stocks looked set for a mixed start following a choppy US session, driven by doubts over whether heavy artificial-intelligence spending will generate sufficient returns. The S&P 500 index fell 0.1%. The Nasdaq 100 slipped 0.5%. Meta Platforms Inc.’s solid outlook eased worries about its spending plans. Microsoft Corp. tumbled the most since 2020 on concern it could take a while for AI invest...
Asian stocks looked set for a mixed start following a choppy US session, driven by doubts over whether heavy artificial-intelligence spending will generate sufficient returns. The S&P 500 index fell 0.1%. The Nasdaq 100 slipped 0.5%. Meta Platforms Inc.’s solid outlook eased worries about its spending plans. Microsoft Corp. tumbled the most since 2020 on concern it could take a while for AI investments to pay off. In late hours, Apple Inc. posted strong results. Amazon.com Inc. was said to be in talks to invest as much as $50 billion in OpenAI. Equity-index futures in Australia gained as metals including iron ore and copper rallied. Contracts in Japan were flat while those in Hong Kong edged lower early Friday. The big moves in commodities on Thursday saw gold plunging as oil soared. Bitcoin dipped below $84,000. The shifts highlighted a growing split in markets, with enthusiasm for AI increasingly tempered by valuation and the timing of returns. While strength in commodities has lent support to parts of Asia, volatility in US tech showed investor unease over AI-related capital spending. “I’m relatively surprised with the perky start to the year given the concerns on AI spending,” said Nick Twidale , chief market analyst at AT Global Markets. “I feel there should be a correction and I feel we saw that come into the US markets last night. Due to the pressure in US tech stocks, the majority of Asian stocks will start on the back foot.” US Treasuries edged higher as investors sought refuge from a slide in US equity benchmarks from near record highs and a drop in the price of gold. The dollar barely budged while still heading for its worst month since the April tariff-fueled meltdown. The day after the Federal Reserve decided to stand pat saw an uneventful batch of economic data . President Donald Trump said he would announce his nominee to chair the Fed “next week,” and reiterated his expectation that the central bank’s new leader will lower interest rates. Read: Fed H...
First Business Financial Services (FBIZ) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +14.70%. A quarter ago, it was expected that this bank holding company for First Bu...
First Business Financial Services (FBIZ) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +14.70%. A quarter ago, it was expected that this bank holding company for First Business Bank and First Business Bank-Milwaukee would post earnings of $1.39 per share when it actually produced earnings of $1.7, delivering a surprise of +22.3%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. First Business Financial Services, which belongs to the Zacks Banks - Midwest industry, posted revenues of $42.22 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 1.19%. This compares to year-ago revenues of $41.15 million. The company has topped consensus revenue estimates two times 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. First Business Financial Services shares have added about 2.1% since the beginning of the year versus the S&P 500's gain of 1.9%. What's Next for First Business Financial Services? While First Business Financial Services 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 th...
Apple (AAPL) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.65 per share. This compares to earnings of $2.4 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.00%. A quarter ago, it was expected that this maker of iPhones, iPads and other products would post earnings ...
Apple (AAPL) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.65 per share. This compares to earnings of $2.4 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.00%. A quarter ago, it was expected that this maker of iPhones, iPads and other products would post earnings of $1.73 per share when it actually produced earnings of $1.85, delivering a surprise of +6.94%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Apple, which belongs to the Zacks Computer - Micro Computers industry, posted revenues of $143.76 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.32%. This compares to year-ago revenues of $124.3 billion. The company has topped consensus revenue estimates four times 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. Apple shares have lost about 5.7% since the beginning of the year versus the S&P 500's gain of 1.9%. What's Next for Apple? While Apple 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 of earnings estimate revisio...
Apple (AAPL) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.65 per share. This compares to earnings of $2.4 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.00%. A quarter ago, it was expected that this maker of iPhones, iPads and other products would post earnings ...
Apple (AAPL) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.65 per share. This compares to earnings of $2.4 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.00%. A quarter ago, it was expected that this maker of iPhones, iPads and other products would post earnings of $1.73 per share when it actually produced earnings of $1.85, delivering a surprise of +6.94%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Apple, which belongs to the Zacks Computer - Micro Computers industry, posted revenues of $143.76 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.32%. This compares to year-ago revenues of $124.3 billion. The company has topped consensus revenue estimates four times 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. Apple shares have lost about 5.7% since the beginning of the year versus the S&P 500's gain of 1.9%. What's Next for Apple? While Apple 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 of earnings estimate revisio...
Apple (AAPL) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.65 per share. This compares to earnings of $2.4 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.00%. A quarter ago, it was expected that this maker of iPhones, iPads and other products would post earnings ...
Apple (AAPL) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $2.65 per share. This compares to earnings of $2.4 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.00%. A quarter ago, it was expected that this maker of iPhones, iPads and other products would post earnings of $1.73 per share when it actually produced earnings of $1.85, delivering a surprise of +6.94%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Apple, which belongs to the Zacks Computer - Micro Computers industry, posted revenues of $143.76 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.32%. This compares to year-ago revenues of $124.3 billion. The company has topped consensus revenue estimates four times 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. Apple shares have lost about 5.7% since the beginning of the year versus the S&P 500's gain of 1.9%. What's Next for Apple? While Apple 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 of earnings estimate revisio...
Why The Next Recession Will Be The Catalyst For Depression Authored by Charles Hugh Smith via OfTwoMinds blog, This is why a recession will catalyze a collapse of the credit-asset bubble-dependent economy down to its foundations. Narrative control works by having a pat answer for every skepticism and every doubt. Boiled down, the dominant narrative holds that the Federal Reserve (central banking) ...
Why The Next Recession Will Be The Catalyst For Depression Authored by Charles Hugh Smith via OfTwoMinds blog, This is why a recession will catalyze a collapse of the credit-asset bubble-dependent economy down to its foundations. Narrative control works by having a pat answer for every skepticism and every doubt. Boiled down, the dominant narrative holds that the Federal Reserve (central banking) and the central government have the tools to quickly reverse any dip in GDP, a.k.a. recession, and return the economy to expansion. The unstated foundation of this narrative is that recessions are bad , as only permanent expansion is good. That this isn't "free market capitalism" doesn't bother anyone, because the whole point of central banking and government is to eliminate the rough edges of "free market capitalism" with the sandpaper of "state capitalism," which creates or borrows as much money as needed to smooth over any spots of bother, a.k.a. recessions. That recessions are essential market dynamics is not part of the narrative, which is conveniently binary: recessions bad, expansion good. Markets reflect human emotions, famously fear and greed, which manifest as debt and speculation, a.k.a. animal spirits : when we're confident and feeding off an expansion that appears to have no limit, then we borrow more money (debt expands) and "allocate the capital" (i.e. place it at risk to reap a future gain) to increasingly risky speculative investments. This allocation of borrowed money into speculative assets pushes the price of those assets higher, increasing the collateral to support further borrowing to fund more speculation. In this manner, debt, asset valuations, collateral and speculation all fuel one another in a seemingly endless expansion that makes every participant richer. This pyramiding of debt and "wealth" generates two self-liquidating dynamics: interest and risk. All debt comes with interest, the compensation due those who put their money at risk by lending ...
Consumer electronics giant Apple (AAPL) late Thursday easily beat Wall Street's targets for the December quarter, thanks to record iPhone sales. It also guided above views for the current quarter. Apple stock rose in extended trading. The Cupertino, Calif.-based company earned $2.84 a share on sales of $143.8 billion in its fiscal first quarter ended Dec. 27. Analysts surveyed by…
Consumer electronics giant Apple (AAPL) late Thursday easily beat Wall Street's targets for the December quarter, thanks to record iPhone sales. It also guided above views for the current quarter. Apple stock rose in extended trading. The Cupertino, Calif.-based company earned $2.84 a share on sales of $143.8 billion in its fiscal first quarter ended Dec. 27. Analysts surveyed by…
D3Damon/iStock via Getty Images Introduction Axcelis Technologies, Inc. ( ACLS ) is about to report its Q4 numbers on February 17th, so I thought it would be a great time to give some updates from me regarding what I think about the company’s performance and future potential. It’s been over a year since I gave it a Hold rating and said I was in no rush to add. During that time, I sold my position ...
D3Damon/iStock via Getty Images Introduction Axcelis Technologies, Inc. ( ACLS ) is about to report its Q4 numbers on February 17th, so I thought it would be a great time to give some updates from me regarding what I think about the company’s performance and future potential. It’s been over a year since I gave it a Hold rating and said I was in no rush to add. During that time, I sold my position for a small loss, as I had better use of the capital since then, and I’m glad I did, as the company’s shares underperformed significantly. My stance remains due to deteriorating profitability and no turnaround in sight for now. Briefly on Performance Over the past two years or so, the company’s top-line growth has not been there. We can see that as the company hit 2024, it all started to go downhill. The company got hit particularly hard by cyclicality as customers began to digest the inventory post-2023 buildouts. This was particularly evident in customers in China. Throughout 2024, the demand for the company’s products was soft. Booking fell short, and the auto/industrial segments continue to show weakness. 2025 has been more of the same, it looks like, with massive y/y declines in sales due to continual China digestion with mature/power capacity overhang post-2024 buildout. The slowdown in China’s EV growth has been quite a negative development for many companies involved in the space, including ACLS. It seems that there is still no bottom in the near future, but we will have to keep an eye out. Seeking Alpha What about the company’s profitability during these trying times? Unfortunately, a bit of the same here, too. As soon as 2024 started with weakening demand, the company’s margins started to decline as well, with a bright spot being that the company’s gross margins remained relatively strong during this downturn, losing around 40% of revenues. The company enjoyed a favorable CS&I mix, high-margin spares, and warranty/install efficiencies, which offset lower volumes. ...
On 11 August 2023, police officers executed a search warrant on the offices of the Marion County Record, a small, family-owned paper in central Kansas. Local law enforcement seized the computers, cell phones and reporting materials from all staff, as well as from the homes of one city council member and paper co-owner Eric Meyer, without incident – though they met the impassioned resistance of Mey...
On 11 August 2023, police officers executed a search warrant on the offices of the Marion County Record, a small, family-owned paper in central Kansas. Local law enforcement seized the computers, cell phones and reporting materials from all staff, as well as from the homes of one city council member and paper co-owner Eric Meyer, without incident – though they met the impassioned resistance of Meyer’s 98-year-old mother Joan, the paper’s other co-owner, who threw her walker to the ground and declared the raid “Nazi stuff”. “This is illegal,” Eric Meyers warns the officers, as seen in a new documentary on the episode. “You’re going to be on national news tonight.” He was not wrong. Though the raid could seem small potatoes, Marion being a rural town of around 1,900 about 60 miles north of Wichita, it soon became international news – a symbol of press freedom under attack in a country whose president routinely declares media to be “the enemy of the people”. In national press, the story was quick, troubling and tragic, especially after it was revealed that Joan, “stressed beyond her limits” by the raid, died of a heart attack the next day. In Marion, however, the story was, as small town things tend to go, much more complex, idiosyncratic and gossipy, personal histories and resentments refracted under the spotlight. Seized, directed by Sharon Liese, manages the difficult task of bridging the two perspectives without jarring the viewer, allowing local characters to complicate the story without ever losing sight of its import. Filmed in and around Marion beginning a year after the incident, this clear-eyed doc mercifully rejects the impulse, so common in large outlets such as this one, to flatten a local saga into a tidy and politically expedient narrative (and I say that as a former small-town reporter firmly on the side of local news). The subjects, as presented in a brisk 94 minutes, are as colorful as any movie character, allowed room to demonstrate the contradiction...
Vivian Health, a subsidiary of IAC ( IAC ), announced on Thursday the appointment of Bill Kong to the role of CEO. As CEO, Kong will spearhead the company's go-forward strategy as it continues building out its industry-leading talent marketplace, accelerating product innovation, and scaling through AI innovation. The company said Kong succeeds co-founder Parth Bhakta as CEO, who will transition to...
Vivian Health, a subsidiary of IAC ( IAC ), announced on Thursday the appointment of Bill Kong to the role of CEO. As CEO, Kong will spearhead the company's go-forward strategy as it continues building out its industry-leading talent marketplace, accelerating product innovation, and scaling through AI innovation. The company said Kong succeeds co-founder Parth Bhakta as CEO, who will transition to executive chairman and partner closely with Mr. Kong and Vivian's executive management team to drive a new chapter of AI-driven growth and scale. It added that the change also includes chief financial officer Adam Greenberg stepping into an expanded role as president & CFO, overseeing financial strategy, business, people and commercial operations, and corporate development. All changes are effective immediately. Source: Press Release More on IAC IAC: Two Catalysts, One Depressed Price IAC Inc. (IAC) Q3 2025 Earnings Call Transcript IAC Inc. 2025 Q3 - Results - Earnings Call Presentation IAC signals 7–10% digital revenue growth for Q4 2025 with accelerated AI content deals and strategic divestitures Seeking Alpha’s Quant Rating on IAC
Jacob Frey, the embattled mayor of Minneapolis, has warned fellow mayors that their city will be next in line to be targeted by federal immigration agents unless they speak out against Donald Trump’s aggressive deployments. Addressing the US conference of mayors in Washington DC, Frey won loud applause as he accused the Trump administration of staging an “invasion” of his city and pursuing a “migh...
Jacob Frey, the embattled mayor of Minneapolis, has warned fellow mayors that their city will be next in line to be targeted by federal immigration agents unless they speak out against Donald Trump’s aggressive deployments. Addressing the US conference of mayors in Washington DC, Frey won loud applause as he accused the Trump administration of staging an “invasion” of his city and pursuing a “might makes right” philosophy, which he said was championed by Stephen Miller, Trump’s most powerful aide. Speaking five days after last Saturday’s fatal shooting in Minneapolis of a protester, Alex Pretti, by two immigration agents, Frey called the the deployment of between 3,000 and 4,000 federal agents into the city “an invasion on our democracy, [and] on our republic”. “I didn’t take this job to get into the business of defending democracy. I did it because being a mayor has always been my dream job. “[But] we are on the front lines of a very important battle, and it’s important that we aren’t silenced. This is not a time to bend our heads in despair or out of fear that we may be next, because if we do not speak up, if we do not step out, it will be your city that is next.” Frey has been outspoken for weeks against the Immigration and Customs Enforcement [ICE] deployment. Shortly after the killing of another local resident, Renee Nicole Good, by an agent on 7 January he told the agency to “get the fuck out of Minneapolis”. He said the city had hitherto been safe and and a scene of falling crime figures, but it had become less safe as “chaos reigns supreme” because of the Trump administration’s deployment, tagged “Operation Metro Surge”. “It is less safe when families do not feel comfortable going to school or buying food at the grocery store because they’re worried that their very family might get ripped apart,” he said. “It is less safe when we have roving bands of agents marching down the street just looking for somebody who might be concerned. I got to tell you, everybod...
Joa_Souza/iStock Unreleased via Getty Images I still expect Itaú ( ITUB ) to perform well in the coming years, and indeed in the coming decades, expanding modestly and maintaining a high ROE. But I'm no longer optimistic about the stock, mainly because of its valuation. The factor that contributed most to my “downgrade feeling” was that the stock has already risen 70% since my first article . Seek...
Joa_Souza/iStock Unreleased via Getty Images I still expect Itaú ( ITUB ) to perform well in the coming years, and indeed in the coming decades, expanding modestly and maintaining a high ROE. But I'm no longer optimistic about the stock, mainly because of its valuation. The factor that contributed most to my “downgrade feeling” was that the stock has already risen 70% since my first article . Seeking Alpha My initial case was that Itaú is one of the most (if not the most) solid institutions in Brazil, all indicators were and still are excellent and demonstrated the quality of the balance sheet and management. But now, although I think Itaú is still one of the best banks in Brazil, I no longer see a large asymmetry in the valuation. What was once a small premium relative to its peers has become a substantial premium gap, and in "rough" calculations, I can't see a clear scenario where Itaú can deliver returns much higher than Brazilian interest rates (~15% now). A Brief Recap on Itaú Itaú is still great. We're talking here about what was the leading bank in Latin America before Nu Holdings ( NU ) emerged. But even with the emergence of this disruptive fintech, Itaú did not fall behind, reinvented itself, and still has a very significant market share, especially in some segments such as loan portfolios. The Q3 highlights show this. We're talking about a credit portfolio of more than R$1.4 trillion (in BRL) that's still growing at interesting levels YoY, the 90-day delinquency rate is well controlled, showing the quality of these loans, and the recurring ROE is ~23%, a strong KPI, especially for a macroeconomic cycle as complex as this one. ITUB Presentation The most interesting thing is the sustainability of this. Brazil has structurally had higher interest rates, and it's obvious that sustaining an ROE of 23% is not easy, so it would be reasonable to expect that in certain cycles Itaú would report more modest numbers. However, it has been able to maintain a very susta...
Cascades ( CAS:CA ) has entered into an agreement with Crown Paper Group for the sale of its corrugated packaging plant located in Richmond, British Columbia, for a total value of $65.5 million. Source: Press Release More on Cascades Seeking Alpha’s Quant Rating on Cascades Inc. Historical earnings data for Cascades Inc. Dividend scorecard for Cascades Inc.
Cascades ( CAS:CA ) has entered into an agreement with Crown Paper Group for the sale of its corrugated packaging plant located in Richmond, British Columbia, for a total value of $65.5 million. Source: Press Release More on Cascades Seeking Alpha’s Quant Rating on Cascades Inc. Historical earnings data for Cascades Inc. Dividend scorecard for Cascades Inc.
Key Points Altria's rivals are wrestling away sales. Price hikes and cost cuts are helping to keep profits steady. 10 stocks we like better than Altria Group › Shares of Altria Group (NYSE: MO) fell on Thursday after the cigarette giant reported alarming market share losses. By the close of trading, Altria's stock price was down more than 5%. Where to invest $1,000 right now? Our analyst team just...
Key Points Altria's rivals are wrestling away sales. Price hikes and cost cuts are helping to keep profits steady. 10 stocks we like better than Altria Group › Shares of Altria Group (NYSE: MO) fell on Thursday after the cigarette giant reported alarming market share losses. By the close of trading, Altria's stock price was down more than 5%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Losing share Altria's domestic cigarette shipment volumes declined by 7.9% in the fourth quarter, as smoking rates continued to fall in the U.S. More worrisome is that Altria's lucrative Marlboro brand saw its retail market share of the total cigarette category fall to 39.8% -- a year-over-year drop of 1.5 percentage points. More people are turning to oral tobacco products for their nicotine needs. Yet here, too, Altria is failing to keep pace with its rivals. Shipment volumes for Altria's oral products fell 6.3%, driven by retail market share losses. Concerningly, the company's on! brand saw its share of the fast-growing nicotine pouch category fall 5.3 percentage points to 13.4%. Profits are holding steady Still, Altria's revenues net of excise taxes declined by less than 1% to $5.1 billion, as price hikes largely offset lower shipment volumes. Altria's adjusted earnings per share, aided by stock buybacks, were flat at $1.30. Looking ahead, management expects Altria's full-year adjusted earnings to grow by 2.5% to 5.5% in 2026, to a range of $5.56 to $5.72 per share, driven in part by the company's cost-cutting initiatives. Should you buy stock in Altria Group right now? Before you buy stock in Altria Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Altria Group wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made th...
Apple’s guidance for second-quarter revenue, gross margin, and operating income were well above Wall Street expectations. The only sour note was high operating expenses, driven by increased research and development.
Apple’s guidance for second-quarter revenue, gross margin, and operating income were well above Wall Street expectations. The only sour note was high operating expenses, driven by increased research and development.