VANCOUVER, British Columbia, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported Adjusted EBITDA of negative $6.2 million in the fourth quarter of 2025. In comparison, the Company reported Adjusted EBITDA of $14.4 million in the fourth quarter of 2024 and Adjusted EBITDA of negative $65.9 million in the third quarter of 2025, which includ...
VANCOUVER, British Columbia, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported Adjusted EBITDA of negative $6.2 million in the fourth quarter of 2025. In comparison, the Company reported Adjusted EBITDA of $14.4 million in the fourth quarter of 2024 and Adjusted EBITDA of negative $65.9 million in the third quarter of 2025, which included a non-cash export tax expense of $59.5 million related to the determination of final duty rates from the sixth Administrative Review (“AR”). Net loss was $17.5 million in the fourth quarter of 2025, as compared to a net loss of $1.2 million in the fourth quarter of 2024, and net loss of $61.3 million in the third quarter of 2025. (millions of Canadian dollars except per share amounts and where otherwise noted) Q4 2025 Q4 2024 Q3 2025 Annual 2025 Annual 2024 Revenue $ 201.9 $ 273.2 $ 233.0 $ 986.5 $ 1,063.9 Adjusted EBITDA (1) (6.2 ) 14.4 (65.9 ) (68.2 ) 8.9 Adjusted EBITDA margin (1) (3% ) 5% (28% ) (7% ) 1% Operating loss prior to restructuring and other items $ (18.9 ) $ (0.4 ) $ (78.0 ) $ (118.4 ) $ (46.4 ) Net loss (17.5 ) (1.2 ) (61.3 ) (82.4 ) (34.5 ) Loss per share, diluted (1.55 ) (0.05 ) (5.71 ) (7.56 ) (2.88 ) Net debt (1), end of period 33.7 77.6 11.6 Liquidity (1), end of period 212.2 144.6 234.2 Net debt to capitalization (1) 7% 12% 2% (1) Refer to Adjusted EBITDA, Adjusted EBITDA margin, Liquidity and Net debt to capitalization in the Non-GAAP Financial Measures section. Fourth Quarter 2025 Financial and Operational Summary Lumber production of 94 million board feet (versus 135 million board feet in Q4 2024). Lumber shipments of 108 million board feet (versus 146 million board feet in Q4 2024). Total lumber shipments were down 26% year-over-year. U.S. lumber shipments were down 64%, while non-U.S. lumber shipments were down 8% over the same period. Cedar lumber shipments of 19 million board feet (versus 36 million board feet in Q4 2024). Specialty lumber mi...
Key Points Since 2001, this oil and gas company has raised its dividend every year by 21% on average. It looks well-positioned to maintain that pace in 2026 even if an expected energy supply glut hits markets. 10 stocks we like better than Canadian Natural Resources › There's a saying on Wall Street: "Dividends don't lie." Just about every financial metric can be fudged or spun by management, but ...
Key Points Since 2001, this oil and gas company has raised its dividend every year by 21% on average. It looks well-positioned to maintain that pace in 2026 even if an expected energy supply glut hits markets. 10 stocks we like better than Canadian Natural Resources › There's a saying on Wall Street: "Dividends don't lie." Just about every financial metric can be fudged or spun by management, but the dividends either arrive in a brokerage account, or they don't. Since 2000, the S&P 500 companies have grown their payouts by 376%, or an average of 4.76% each year. That's kept ahead of the 92% inflation seen in that time frame. Still, after over 25 years, it's nothing to write home about. Thankfully, some companies have offered income growth that's orders of magnitude greater. Coming in near the top of the list is Calgary-based oil and gas firm Canadian Natural Resources (NYSE: CNQ). Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » 6,900% dividend growth in 25 years In 2001, Canadian Natural Resources began paying a dividend of $0.00625 per share, with the payout tripling within five years. By 2011, its dividend had grown by 620% since 2001's payouts, and by 2021, its dividend had mushroomed 553% from 2011's levels. Today, its quarterly payouts are up exactly 100% from those of five years ago. Since 2001, not only has the company raised its dividend every year, but it's done so by an average of 21% each year. All told, its dividend has grown 9,300% since 2001. Of the hundreds of income stocks I've analyzed over the years, I've never seen a company like this. Can the streak continue? Canadian Natural Resources generated an operating cash flow of $14.8 billion last year, which easily covers the $3.6 billion needed to pay its current dividend. In fact, the company could grow its payouts by another 21% in...
Cencora ( NYSE: COR ) on Tuesday priced $500M aggregate principal amount of its 3.950% senior notes due February 13, 2029, $500M of its 4.250% senior notes due November 15, 2030, $500M of its 4.600% senior notes due February 13, 2033, $1B of its 4.900% senior notes due February 13, 2036, and $500M of its 5.650% senior notes due February 13, 2056, in an underwritten registered public offering. The ...
Cencora ( NYSE: COR ) on Tuesday priced $500M aggregate principal amount of its 3.950% senior notes due February 13, 2029, $500M of its 4.250% senior notes due November 15, 2030, $500M of its 4.600% senior notes due February 13, 2033, $1B of its 4.900% senior notes due February 13, 2036, and $500M of its 5.650% senior notes due February 13, 2056, in an underwritten registered public offering. The offering is expected to close on February 13, 2026. Shares -0.90%. More on Cencora Cencora, Inc. (COR) Q1 2026 Earnings Call Transcript Cencora, Inc. 2026 Q1 - Results - Earnings Call Presentation Cencora: High-Growth Specialty Services Firm Disguised As A Distributor Cencora outlines 11.5%-13.5% operating income growth for 2026 while integrating OneOncology Cencora Q1 2026 Earnings Preview
Image source: The Motley Fool. Feb. 10, 2026 at 4:30 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Mark Douglas Chief Financial Officer — Patrick Pohlen Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $87.1 million for the quarter, reflecting 36% growth year over year after adjusting for the Maxim Effort divestiture. -- $87.1 million for the quarter, ref...
Image source: The Motley Fool. Feb. 10, 2026 at 4:30 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Mark Douglas Chief Financial Officer — Patrick Pohlen Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $87.1 million for the quarter, reflecting 36% growth year over year after adjusting for the Maxim Effort divestiture. -- $87.1 million for the quarter, reflecting 36% growth year over year after adjusting for the Maxim Effort divestiture. Gross Margin -- 82% for the quarter, a 530-basis-point increase, with over 300 basis points driven by core Performance TV (PTV) business and the remainder from the Maxim Effort divestiture. -- 82% for the quarter, a 530-basis-point increase, with over 300 basis points driven by core Performance TV (PTV) business and the remainder from the Maxim Effort divestiture. Active PTV Customers -- 3,632 over the trailing twelve months, up 63% year over year. -- 3,632 over the trailing twelve months, up 63% year over year. Net Income -- $34.5 million for the quarter, equivalent to GAAP EPS of 47¢; full-year net loss of $6.4 million due to a $23 million one-time charge from the IPO and convertible note settlement. -- $34.5 million for the quarter, equivalent to GAAP EPS of 47¢; full-year net loss of $6.4 million due to a $23 million one-time charge from the IPO and convertible note settlement. Adjusted EBITDA -- $28.1 million in the quarter (up from $20.7 million in 2024; 36% increase), with margin rising to 32.3% from 29.6% in 2024. -- $28.1 million in the quarter (up from $20.7 million in 2024; 36% increase), with margin rising to 32.3% from 29.6% in 2024. Full-Year Revenue -- $290.1 million, representing 36% growth on an adjusted basis. -- $290.1 million, representing 36% growth on an adjusted basis. Full-Year Adjusted EBITDA -- $68 million (from $38.8 million in fiscal year 2024), with margin growing to 23.4% from 17.2% in fiscal year 2024. -- $68 million (from $38.8 million in fiscal year 2024), wi...
It is impossible to imagine what American skater Maxim Naumov has been through in the last 12 months. Just over a year ago, his parents - former world champion pairs skaters Vadim Naumov and Evgenia Shishkova - were among 67 people killed in a plane crash in Washington DC. Of those on board the flight, 28 were athletes, coaches or parents connected to US figure skating. Naumov said that his dream ...
It is impossible to imagine what American skater Maxim Naumov has been through in the last 12 months. Just over a year ago, his parents - former world champion pairs skaters Vadim Naumov and Evgenia Shishkova - were among 67 people killed in a plane crash in Washington DC. Of those on board the flight, 28 were athletes, coaches or parents connected to US figure skating. Naumov said that his dream to make Team USA was one of the last things he spoke about with his parents before they were killed. "They are my superheroes, my role models, and my biggest support system. I just wanted to make them proud here," he told the BBC after his performance. "My dad said: 'Everything is practice until it is the Olympics'. I can't describe to you in words how much I just felt what he said. Also, there are truly no words for being able to step up to the occasion, I just wish that I made them proud." He made it to the Games, and was second on the ice on Tuesday, dancing to Nocturne No. 20 by Frederic Chopin. After a slight slip on his triple axel, Naumov regained composure and skated a technically solid routine. As he finished, the 24-year-old looked to the sky on his knees with tears in his eyes as the arena erupted. With a huge smile, cameras captured him saying "thank you" – perhaps to those both inside the arena, and in another place. And it was good enough for the judges, who awarded Naumov a season best of 85.65 points for the performance – enough for a spot in the top 24 and a place in the free skate on Friday. As the scores came in, Naumov held up a picture of his late parents with him as a young child. "I bring it everywhere that I go," he said of the image, which showed him holding hands with his parents while stood next to an ice rink. "It is in my bag, so it is literally right here on my heart. "They deserve to be here, to be right next to me, to look up at the scores together and say: 'Look at what we just did!'"
tupungato/iStock Editorial via Getty Images That was quite a week, wasn't it? I'm a Microsoft ( MSFT ) shareholder myself, but I kept it on Hold since July 2025. Many investors challenged me for it in the comment section, but I just couldn't keep buying MSFT at high $400 per share or even $500 per share. That's why I wrote my first "Hold" article in July 2025 and followed up with another Hold in J...
tupungato/iStock Editorial via Getty Images That was quite a week, wasn't it? I'm a Microsoft ( MSFT ) shareholder myself, but I kept it on Hold since July 2025. Many investors challenged me for it in the comment section, but I just couldn't keep buying MSFT at high $400 per share or even $500 per share. That's why I wrote my first "Hold" article in July 2025 and followed up with another Hold in January 2026. I argued that the ride couldn't last forever , I wasn't satisfied with MSFT's valuation, and I did not believe the entry point was attractive enough to ensure double-digit returns. Don't get me wrong, I was and I still am satisfied with the business model and strategic initiatives. That's why I did not sell my shares, and I keep holding onto them. Seeking Alpha Since my first Hold on Microsoft, I've watched its stock price decline by over 20%. I don't view it as a pleasant experience as a shareholder, but I'm not surprised; that's actually what I expected. With that dynamic valuation change (even since my latest article, over a 12% stock price drop in less than a month) and new data available, I decided to prepare a follow-up article. I won't keep you waiting - Microsoft is a Buy for me. I'm upgrading my rating, and I bought more shares at the end of January and at the end of last week. I like to put my money where my mouth is; that's why I'm informing you about that. I even gave the note about my first transaction under the last article. Seeking Alpha My Take on Valuation Has Shifted - Thank You, Mr. Market I love the Mr. Market metaphor by Benjamin Graham. Its key assumption is that Mr. Market is not reasonable. I believe it can offer prices that are either too high or too low for a given business. Without that, active investing (cherry-picking stocks) wouldn't make much sense. I will base my comment on two valuation metrics that I find the most common in M&A processes and in the investing world (I'm an M&A advisor): forward-looking P/E and EV/EBITDA. Data by...
Walmart Inc.’s been the biggest kid on the retail playground for decades. So when its market capitalization — the combined value of all of its outstanding shares — topped $1 trillion last week, it was a brick-and-mortar breakthrough, but also confirmation of what everybody knows. What’s more surprising is that Walmart, right now, is packing more investment bang for its buck than its online rival A...
Walmart Inc.’s been the biggest kid on the retail playground for decades. So when its market capitalization — the combined value of all of its outstanding shares — topped $1 trillion last week, it was a brick-and-mortar breakthrough, but also confirmation of what everybody knows. What’s more surprising is that Walmart, right now, is packing more investment bang for its buck than its online rival Amazon, which is still winning on market cap. It takes a little math to suss it all out. You May Also Like Apple became the world’s first trillion-dollar company in 2018 and now there are a dozen companies in the 13-digit club on Wall Street, including Nvidia ($4.6 trillion), Google-parent Alphabet ($3.9 trillion) and Amazon ($2.2 trillion). While market cap is a key data point to watch, it’s probably not the most important one. To get a sense of not just how big a company is on Wall Street, but how strongly it resonates with investors, one has to look at a multiple of earnings. The standard is enterprise value-to-EBITDA — the value of all a company’s stock and debt divided by its annual earnings before interest, taxes, depreciation and amortization. That measures just how much investors are willing to pump into a business, either through debt or equity, for every dollar of EBITDA. For Walmart, where investors invested about $23.60 for every dollar of EBITDA, its enterprise multiple is 23.6-times. It doesn’t zing the way a trillion does in a headline, but it’s a big number. Amazon, for instance, has an EBITDA multiple of 14.2-times — near the top of the range for most fashion companies, even the strongest ones. Tapestry Inc. trades at 14.3-times, just ahead of LVMH Moët Hennessy Louis Vuitton’s 12.2-times. The outlier is Nike Inc., trading at 19.4-times. Much more common in retail these days is an EV/EBITDA multiple in the midsingle digits, like Macy’s Inc. and Kohl’s Corp., which both trade at 5.9-times. Walmart is trading closer to Google-parent Alphabet, which sits at 24....
Key Points SCHQ comes with a slightly lower expense ratio and focuses on long-term U.S. Treasury bonds, while SPLB targets long-term investment-grade corporate bonds. SPLB has delivered a stronger 1-year return and higher dividend yield, and has also shown a smaller maximum drawdown than SCHQ. SCHQ holds far fewer securities, with a heavy tilt toward government debt, while SPLB is much broader and...
Key Points SCHQ comes with a slightly lower expense ratio and focuses on long-term U.S. Treasury bonds, while SPLB targets long-term investment-grade corporate bonds. SPLB has delivered a stronger 1-year return and higher dividend yield, and has also shown a smaller maximum drawdown than SCHQ. SCHQ holds far fewer securities, with a heavy tilt toward government debt, while SPLB is much broader and includes a range of corporate issuers. 10 stocks we like better than Schwab Strategic Trust - Schwab Long-Term U.s. Treasury ETF › The Schwab Long-Term U.S. Treasury ETF (NYSEMKT:SCHQ) and the State Street SPDR Portfolio Long Term Corporate Bond ETF (NYSEMKT:SPLB) differ most in their underlying bond exposure, with SPLB offering corporate credit risk and a slightly higher yield. At the same time, SCHQ is more concentrated in U.S. Treasuries and carries lower expenses. SPLB and SCHQ both aim to provide diversified exposure to long-duration fixed income. Still, their approaches diverge: SPLB holds investment-grade corporate bonds with maturities of 10 years or more, while SCHQ focuses squarely on the long-term U.S. Treasury market. This comparison explores how their costs, returns, risks, and portfolios stack up for investors seeking long-dated bond exposure. Snapshot (cost & size) Metric SPLB SCHQ Issuer SPDR Schwab Expense ratio 0.04% 0.03% 1-yr return (as of 2026-02-09) 6.5% 3.6% Dividend yield 5.2% 4.5% Beta 1.97 2.16 AUM $1.2 billion $925 million Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-year return represents total return over the trailing 12 months. SCHQ is marginally more affordable with a 0.03% expense ratio compared to SPLB’s 0.04%. SPLB offers a higher dividend yield of 5.3% compared with SCHQ’s 4.6%, reflecting the additional compensation for corporate credit risk. Performance & risk comparison Metric SPLB SCHQ Max drawdown (5 y) (31.8%) (38.5%) Growth of $1,000 over 5 years $889 $729 What's i...
Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 4:30 p.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Dave Banyard Executive Vice President and Chief Financial Officer — Andrea H. Simon TAKEAWAYS Net Sales -- $644.6 million for the quarter, a 3.5% decrease, reflecting continued market softness and a sharper-than-expected late-quarter slowdown in new construction. -- $644....
Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 4:30 p.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Dave Banyard Executive Vice President and Chief Financial Officer — Andrea H. Simon TAKEAWAYS Net Sales -- $644.6 million for the quarter, a 3.5% decrease, reflecting continued market softness and a sharper-than-expected late-quarter slowdown in new construction. -- $644.6 million for the quarter, a 3.5% decrease, reflecting continued market softness and a sharper-than-expected late-quarter slowdown in new construction. Adjusted EBITDA -- $35.1 million for the quarter with a 5.4% margin, down 580 basis points year over year due to lower volume, unfavorable mix, tariffs net of mitigation, and inflation. -- $35.1 million for the quarter with a 5.4% margin, down 580 basis points year over year due to lower volume, unfavorable mix, tariffs net of mitigation, and inflation. Gross Profit -- $167.5 million for the quarter, a 17.6% decrease, with a margin of 26%, down 440 basis points due to volume mix, fixed cost leverage, tariffs, and restructuring-related expenses. -- $167.5 million for the quarter, a 17.6% decrease, with a margin of 26%, down 440 basis points due to volume mix, fixed cost leverage, tariffs, and restructuring-related expenses. Tariff Impact -- Quarterly gross margin was negatively impacted by nearly 300 basis points from tariffs; roughly one-third was offset by mitigation actions. -- Quarterly gross margin was negatively impacted by nearly 300 basis points from tariffs; roughly one-third was offset by mitigation actions. SG&A Expenses -- $186.9 million for the quarter, up from $152.3 million, primarily driven by a $17 million one-time bad debt provision tied to a single customer, personnel costs, and acquisition-related costs. -- $186.9 million for the quarter, up from $152.3 million, primarily driven by a $17 million one-time bad debt provision tied to a single customer, personnel costs, and acquisition-related costs. Net Loss ...
"Bitcoin is so much better than gold". David Marcus, co-founder and CEO of Lightspark and former PayPal executive, talks with Bloomberg's Scarlet Fu and Tim Stenovec on "Bloomberg Crypto". (Source: Bloomberg)
"Bitcoin is so much better than gold". David Marcus, co-founder and CEO of Lightspark and former PayPal executive, talks with Bloomberg's Scarlet Fu and Tim Stenovec on "Bloomberg Crypto". (Source: Bloomberg)
natatravel The silver market is heading for a sixth consecutive year of structural deficit, while global silver demand is expected to remain steady in 2026, the Silver Institute industry association said Tuesday. The silver deficit is forecast at 67M oz, the Silver Institute said in the preliminary estimate produced for it by the Metals Focus consultancy. Industrial silver fabrication is seen decl...
natatravel The silver market is heading for a sixth consecutive year of structural deficit, while global silver demand is expected to remain steady in 2026, the Silver Institute industry association said Tuesday. The silver deficit is forecast at 67M oz, the Silver Institute said in the preliminary estimate produced for it by the Metals Focus consultancy. Industrial silver fabrication is seen declining by 2% in 2026 to a four-year low of 650M oz, led by efforts to use less and outright substitution away from silver in the solar PV sector, while jewelry demand is projected to fall for the second straight year, declining by 9% to 178M oz, its lowest level since 2020. Total global silver supply is expected to rise 1.5% to a decade high of 1.05B oz, mine production is forecast to increase 1% to 820M oz, and recycling is seen gaining 7%, exceeding 200M oz for the first time since 2012. Gold and silver futures fell on profit-taking Tuesday ahead of tomorrow's January jobs report, which was delayed because of the partial government shutdown, and a weaker-than-expected reading could add pressure for the Federal Reserve to cut rates, thus possibly supporting precious metals prices. " We're seeing a light pullback or consolidation ahead of a bevy of key economic data coming out later this week," HIgh Ridge Futures director of metals trading David Meger said in a note, adding that geopolitical tensions and expectations for lower interest rates likely will continue to provide support for gold. " Silver ETF outflows are keeping silver vulnerable to volatility in the near term and are key to track, but an undersupplied market suggests a recovery in the coming months," Standard Chartered analysts said in a note. Front-month Nymex gold futures ( XAUUSD:CUR ) for February delivery managed to stay just over the $5,000 mark, closing -0.9% to $5,003.80/oz, while front-month Nymex February silver ( XAGUSD:CUR ) remains well off from its record high reached January 26, ending -2.2% to $8...
Until recently, the practice of building AI agents has been a bit like training a long-distance runner with a thirty-second memory. Yes, you could give your AI models tools and instructions, but after a few dozen interactions — several laps around the track, to extend our running analogy — it would inevitably lose context and start hallucinating. With OpenAI's latest updates to its Responses API —...
Until recently, the practice of building AI agents has been a bit like training a long-distance runner with a thirty-second memory. Yes, you could give your AI models tools and instructions, but after a few dozen interactions — several laps around the track, to extend our running analogy — it would inevitably lose context and start hallucinating. With OpenAI's latest updates to its Responses API — the application programming interface that allows developers on OpenAI's platform to access multiple agentic tools like web search and file search with a single call — the company is signaling that the era of the limited agent is waning. The updates announced today include Server-side Compaction, Hosted Shell Containers, and a new " Skills " standard for agents. With these three major updates, OpenAI is effectively handing agents a permanent desk, a terminal, and a memory that doesn’t fade and should help agents evolve furhter into reliable, long-term digital workers. Technology: overcoming 'context amnesia' The most significant technical hurdle for autonomous agents has always been the "clutter" of long-running tasks. Every time an agent calls a tool or runs a script, the conversation history grows. Eventually, the model hits its token limit, and the developer is forced to truncate the history—often deleting the very "reasoning" the agent needs to finish the job. OpenAI’s answer is Server-side Compaction. Unlike simple truncation, compaction allows agents to run for hours or even days. Early data from e-commerce platform Triple Whale suggests this is a breakthrough in stability: their agent, Moby, successfully navigated a session involving 5 million tokens and 150 tool calls without a drop in accuracy. In practical terms, this means the model can "summarize" its own past actions into a compressed state, keeping the essential context alive while clearing the noise. It transforms the model from a forgetful assistant into a persistent system process. Managed cloud sandboxes ...
hapabapa/iStock Editorial via Getty Images Shares of United Rentals, Inc. ( URI ) have been a solid performer over the past year, adding about 17%. However, performance has been less consistent in recent months as concerns have mounted about trends in nonresidential construction, especially outside the data center sector. I last covered shares in October when I reiterated URI as a “ S ell” given m...
hapabapa/iStock Editorial via Getty Images Shares of United Rentals, Inc. ( URI ) have been a solid performer over the past year, adding about 17%. However, performance has been less consistent in recent months as concerns have mounted about trends in nonresidential construction, especially outside the data center sector. I last covered shares in October when I reiterated URI as a “ S ell” given my concerns about margins and valuation. This call has played out with the stock shedding 7% while the market has added 4%. With updated financials and recent underperformance, now is a good time to revisit United Rentals. I remain cautious. Seeking Alpha In the company’s fourth quarter , reported on Jan. 28, United Rentals earned $11.09, which was $0.71 below expectations as revenue grew 3% to $4.2 billion. Rental revenue was up 4.6%, partially offset by a 15% decline in used equipment sales revenue. In Q4, URI generated $1.9 billion of EBITDA with margins of 45.2%. While utilization is solid and URI continues to generate substantial free cash flow, margins have come under pressure as it struggles to pass on higher costs to its customers. General rental revenue rose 2.5% to $2.4 billion. However, gross profit fell by 0.7% to $869 million as margins compressed 120 bps to 36.2%. URI has been strategically growing its specialty offerings, given higher margins there. This strategy is supporting higher growth, with sales up 9% to $1.2 billion. Margins were down a very sharp 520 bps to 40.3%, driving a 3% reduction in gross profit at $477 million. While its Specialty business still has substantially higher margins, it is facing more of the pricing pressure. Margins have been pressured by elevated input costs more so than rental pricing pressure. In particular, it has been forced to reposition its fleet to better align with where large projects are occurring, and this increased delivery expense was about 70 bps of margin pressure. Given these projects are long-term in nature, once...
American International Group ( AIG ) produced Q4 earnings that topped the Wall Street consensus, but its general insurance net premiums written missed the mark, according to results released on Tuesday. Q4 adjusted EPS of $1.96 , topping the average analyst estimate of $1.90, increased from $1.30 in the year-ago quarter. Q4 total net investment income, adjusted pretax income basis, of $954M rose f...
American International Group ( AIG ) produced Q4 earnings that topped the Wall Street consensus, but its general insurance net premiums written missed the mark, according to results released on Tuesday. Q4 adjusted EPS of $1.96 , topping the average analyst estimate of $1.90, increased from $1.30 in the year-ago quarter. Q4 total net investment income, adjusted pretax income basis, of $954M rose from $872M a year ago. The General Insurance unit’s net investment income rose 13% Y/Y to $881M Q4 General Insurance net premiums written of $6.04B, missing the Visible Alpha consensus of $6.09B, declined from $6.08B in the year-ago period. The unit’s underwriting income of $670M jumped 48% Y/Y. General Insurance's accident-year combined ratio, as adjusted, was 88.9% vs. 88.6% a year ago. Global Commercial net premiums written of $4.48B rose 4% Y/Y on a reported basis and 3% on a comparable basis, driven by 11% growth in new business. AIG ( AIG ) stock edged up 0.2% in after-hours trading. Adjusted pretax income of $1.42B climbed from $1.08B a year ago. Core operating return on equity rose to 11.7% from 9.1% a year ago. Adjusted tangible book value per share of $70.37 at Dec. 31, 2025, rose from $70.07 at Sept. 30. "We have entered 2026 with strong momentum, and our January 1 reinsurance renewal activity resulted in enhanced terms and favorable pricing, reflecting the quality of our portfolio," said Chairman and CEO Peter Zaffino. "We are off to a great start on our Investor Day guidance and are on track to achieve or even exceed our financial objectives." Conference call on Feb. 11 at 8:30 AM. More on American International Group Thoughts On A Potential Chubb-AIG Merger American International Group: Fairly Valued Even If Chubb M&A Rumors Don't Materialize American International Group Non-GAAP EPS of $1.96 beats by $0.06 AIG announces retirement of CEO Peter Zaffino, shares down
(RTTNews) - Lattice Semiconductor Corporation (LSCC) on Tuesday reported a fourth-quarter net loss of $7.6 million or $0.06 per share, compared to net income of $16.5 million or $0.12 per share last year. Adjusted earnings for the quarter were $0.32 per share, compared to $0.15 per share last year. Revenues for the quarter were $145.8 million, up 24.2% from $117.4 million last year. For the first ...
(RTTNews) - Lattice Semiconductor Corporation (LSCC) on Tuesday reported a fourth-quarter net loss of $7.6 million or $0.06 per share, compared to net income of $16.5 million or $0.12 per share last year. Adjusted earnings for the quarter were $0.32 per share, compared to $0.15 per share last year. Revenues for the quarter were $145.8 million, up 24.2% from $117.4 million last year. For the first quarter, the company expects revenue to be between $158 million and $172 million and adjusted earnings of $0.34 and $0.38 per share. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.