Adidas AG reported stronger-than-expected fourth-quarter profits and announced a new share buyback program as the German brand looks to maintain its momentum with retro sneakers and new running and football products. The German sportswear company generated operating profit of €164 million ($196 million) in the fourth quarter, it said in a statement of preliminary figures late Thursday. That exceed...
Adidas AG reported stronger-than-expected fourth-quarter profits and announced a new share buyback program as the German brand looks to maintain its momentum with retro sneakers and new running and football products. The German sportswear company generated operating profit of €164 million ($196 million) in the fourth quarter, it said in a statement of preliminary figures late Thursday. That exceeded analyst estimates and drove full-year operating profit slightly above its forecast from October. The company further announced a €1 billion share buyback program that will start in February and be financed through the company’s cash flow generation this year. It intends to terminate the repurchased shares, it said. Currency-neutral sales, however, only reached €6.08 billion for the quarter, slightly behind analyst estimates. Adidas’s performance has suffered from the weaker US dollar and tariffs, with currency swings impacting its revenue by more than €1 billion last year, it said. The company’s American depositary receipts rose 1.5% after the close of trading in Europe. Adidas shares have fallen more than 40% in the past year. Chief Executive Officer Bjorn Gulden is hoping to forge more growth engines — particularly with sports products — after capitalizing from robust demand for its three-striped retro sneaker models including the Samba and Gazelle. The Norwegian is entering his fourth year as CEO, which he’s long pointed to as the time when Adidas should become a “healthy company” again. He has talked of striving to grow sales at double-digit rates and reach an operating profit margin of at least 10%. Investors have cast skepticism on Adidas’s ambitions, with some analysts suggesting the world’s years-long sneaker boom is slowing. Gulden is hoping Adidas can keep grabbing market share from rival Nike Inc. , which is looking to stage a comeback after years of struggles. Both companies are hoping to capitalize on the coming football World Cup in North America this year....
Richard Drury/DigitalVision via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist The last time we gave the abrdn Asia-Pacific Income Fund ( FAX ) a look, it was touching on the potential merger of abrdn Global Income Fund Inc ( FCO ) into FAX. This would make FAX slightly larger in terms of total managed assets than it is today. However, FCO is quite a small fund at around $6...
Richard Drury/DigitalVision via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist The last time we gave the abrdn Asia-Pacific Income Fund ( FAX ) a look, it was touching on the potential merger of abrdn Global Income Fund Inc ( FCO ) into FAX. This would make FAX slightly larger in terms of total managed assets than it is today. However, FCO is quite a small fund at around $60 million AUM compared to FAX, standing at over $1.1 billion. With that, it would be relatively immaterial to FAX. It would easily liquidate the current portfolio and absorb it into FAX's own underlying strategy. In that piece, I highlighted mostly FCO and how we viewed FCO as a 'Sell' because of its enormous premium. When that merger was announced, it was a very rapid decline for FCO. This was because FAX did not trade at even close to the same valuation that FCO had at the time. FCO Performance Since Prior Update (Seeking Alpha) So FCO sank rapidly to meet the same level that FAX was trading at. Since that announcement, FAX continues to trade at a wider discount, but not at a level that makes it attractive enough to consider adding aggressively, in my opinion. On the other hand, the fund's rather high distribution rate is likely enticing to some investors—the problem on that front is that the coverage of the distribution is rather weak in terms of income. Therefore, the fund will rely on requiring capital gains to fund its full distribution, or it would risk seeing NAV erode. FAX Basics 1-Year Z-score: 0.07 Discount/Premium: -5.66% Distribution Yield: 12.77% Expense Ratio: 1.41% Leverage: 38.58% Managed Assets: $1.104 billion Structure: Perpetual FAX's investment objective is to "seek current income". In an effort to meet that investment objective, the fund will: normally invest at least 80% of its total assets, plus the amount of any borrowings for investment purposes, in "Asia-Pacific debt securities,” which include: (1) debt securities of Asia-Pacific Country issuers, ...
ridham supriyanto/iStock Editorial via Getty Images I am tactically changing my Buy recommendation on DBS ( OTCPK:DBSDY ) ( OTCPK:DBSDF ) to a Hold. I first initiated a Buy recommendation in June 2025 , followed on with a subsequent Buy recommendation issued for DBS ( OTCPK:DBSDY ) ( OTCPK:DBSDF ) in November 2025 with a target price of US$157.40. The stock has since rose further to generate a +7....
ridham supriyanto/iStock Editorial via Getty Images I am tactically changing my Buy recommendation on DBS ( OTCPK:DBSDY ) ( OTCPK:DBSDF ) to a Hold. I first initiated a Buy recommendation in June 2025 , followed on with a subsequent Buy recommendation issued for DBS ( OTCPK:DBSDY ) ( OTCPK:DBSDF ) in November 2025 with a target price of US$157.40. The stock has since rose further to generate a +7.4% return year-to-date ($188.54, as of time of writing 29th Jan 2026). We head into a seasonally weak Q4 with lofty earnings expectations As per Seeking Alpha data, DBS stock was up ~28.2% in 2025, with much of this rally gaining traction in the second half of the year. Now, as we head into Singapore banks earnings season, I see some short-term volatility and concerns on the stock's current valuation, coupled with lofty earnings expectations for the coming report quarter. Compounded Singapore Overnight Rate Average ( SORA ) rates have trended downward sharply as shown in the table below. Period (month end) 3M SORA (%) 1M SORA (%) Feb 2025 2.89 2.79 Jul 2025 2.05 1.69 Dec 2025 1.26 1.13 Jan 2026* 1.18 1.18 Click to enlarge Source: Monetary Authority of Singapore (MAS) A potential miss in Q4 earnings with credit market seasonality coming into play might impact investor sentiment and trigger a sell-off. Loan demand usually peaks in August–September and then tapers off into December, with January–February also remaining relatively subdued - such seasonality is frequently observed across Singapore banks. The potential acquisition of Alliance Bank seems unlikely now Reuters first reported in November 2024 that DBS was exploring the idea of purchase a stake in Alliance Bank Malaysia from Temasek Holdings, in an ambitious bid to penetrate the Malaysia market. The acquisition of Alliance Bank will provide DBS with an instant, meaningful share of retail and commercial banking market share in Malaysia - a country in which DBS has a significantly lower penetration rate as compared to O...
In this article AAL Follow your favorite stocks CREATE FREE ACCOUNT An American Airlines airplane arrives at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida. Ronen Tivony | Nurphoto | Getty Images American Airlines is planning to resume service to Venezuela from the United States for the first time since 2019 , weeks after the U.S. captured Venezuela's president earlier...
In this article AAL Follow your favorite stocks CREATE FREE ACCOUNT An American Airlines airplane arrives at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida. Ronen Tivony | Nurphoto | Getty Images American Airlines is planning to resume service to Venezuela from the United States for the first time since 2019 , weeks after the U.S. captured Venezuela's president earlier this month. American would be the first U.S. carrier to restart service to Venezuela, which had become isolated after airlines cut service to the country in recent years, citing unrest there. "American will share additional details about its return to service in the coming months as it works closely with federal authorities on all necessary permissions and security assessments prior to resuming service," the carrier said Thursday. American halted service to Venezuela in March 2019 after its pilots' union told its members to refuse trips to the country after the State Department told U.S. citizens to leave the country and pulled its diplomats from Venezuela because of unrest. Delta Air Lines and United Airlines , which had paused service in 2017, didn't immediately comment. This is breaking news. Please refresh for updates.
Sundry Photography/iStock Editorial via Getty Images As one of the world's foremost wafer fab equipment makers right now supporting the AI boom, the stakes cannot be higher than this. Investors in ASML Holding N.V. ( ASML , ASMLF ) have enjoyed an incredible ride to this week's highs, although the stock did decline 2% to close yesterday's (January 28) regular session. However, as I pen this update...
Sundry Photography/iStock Editorial via Getty Images As one of the world's foremost wafer fab equipment makers right now supporting the AI boom, the stakes cannot be higher than this. Investors in ASML Holding N.V. ( ASML , ASMLF ) have enjoyed an incredible ride to this week's highs, although the stock did decline 2% to close yesterday's (January 28) regular session. However, as I pen this update, we could be off and away once more, with the pre-market action pointing to +3%, as eager buyers are jumping back on the bandwagon. And that story couldn't have gotten a greater impetus from the slate of earnings releases from big tech on Wednesday. Meta Platforms ( META ) is redirecting spending to AI, while pulling back from the metaverse. And Meta's CapEx figures are also 2x what they spent last year. Plus, a range of investors are reportedly lining up to invest more in OpenAI ( OPENAI ), at an (obviously) higher valuation to boot, bolstering the efforts of Sam Altman, as he comes under fire from Anthropic's ( ANTHRO ) incipient threat to seize the narrative. All these efforts to make the AI boom become even more profound should be lucrative for the one and only EUV lithography systems maker in the market, shouldn't they? And that's none other than Netherlands-based ASML. Nevertheless, in my previous ASML writeup , I cautioned that the stock's elevated valuations suggest the market isn't dumb. You can see the AI boom? Well, others can see it too, and have also piled up their bets onto the ASML bandwagon. ASML price chart (long-term, monthly) (TradingView) Anyone who knows how to read "tea leaves" using a price chart will know that going against ASML (bearish setups) is foolhardy. The stock has consistently mounted new highs after new highs, corroborating a solid long-term uptrend. Therefore, the weight of the evidence supporting a new high this time around was only a matter of time, not if it will happen. And in this case, we have ASML buyers sending the stock breaking ...
The online gift sender's turnaround is progressing. Shares of 1-800-Flowers.com (FLWS +19.43%) popped on Thursday after the floral arrangement and gift basket retailer delivered high-than-expected profits. As of 1:35 p.m. EST, 1-800-Flowers.com's stock price was up more than 18%. A focus on efficiency 1-800-Flowers.com's revenue fell 9.5% year over year to $702.2 million in its fiscal 2026 second ...
The online gift sender's turnaround is progressing. Shares of 1-800-Flowers.com (FLWS +19.43%) popped on Thursday after the floral arrangement and gift basket retailer delivered high-than-expected profits. As of 1:35 p.m. EST, 1-800-Flowers.com's stock price was up more than 18%. A focus on efficiency 1-800-Flowers.com's revenue fell 9.5% year over year to $702.2 million in its fiscal 2026 second quarter, which ended on Dec. 28. The flower arrangement and gourmet foods company is paring back its marketing spend as it prioritizes profitability. "We believe this approach is important to building a more sustainable and disciplined demand generation model," CEO Adolfo Villagomez said during a conference call with analysts. Expand NASDAQ : FLWS 1-800-Flowers.com Today's Change ( 19.43 %) $ 0.79 Current Price $ 4.83 Key Data Points Market Cap $257M Day's Range $ 4.41 - $ 5.16 52wk Range $ 2.93 - $ 9.12 Volume 2.6M Avg Vol 988K Gross Margin 35.16 % Improving profitability Management also shifted the company from an individual brand-based structure to a function-based operating model. This enabled 1-800-Flowers.com to further cut costs by reducing its workforce. Operating expenses, in turn, declined $23.4 million to $221.1 million. "While the topline impact of our initiatives will take time as we address structural challenges within the business, we made solid progress in the second quarter on our cost-optimization and organizational-streamlining efforts, including meaningful steps toward transforming our structure into a more functional and efficient organization," Villagomez said. All told, 1-800-Flowers.com's adjusted net income increased 11% to $76.7 million, or $1.20 per share. That topped Wall Street's estimates, which had called for adjusted per-share profits of $0.86. "These actions are strengthening our operating foundation and better positioning the company to achieve sustainable, profitable growth," Villagomez said.
Crystal Palace's £50m move for Wolves striker Jorgen Strand Larsen is in the balance after the Eagles communicated their intention to walk away from the deal. The two Premier League clubs had agreed a deal in principle for 25-year-old Strand Larsen to move to Selhurst Park. That was subject to Palace tabling a written formal offer for the Norway forward, which Wolves would have accepted. However, ...
Crystal Palace's £50m move for Wolves striker Jorgen Strand Larsen is in the balance after the Eagles communicated their intention to walk away from the deal. The two Premier League clubs had agreed a deal in principle for 25-year-old Strand Larsen to move to Selhurst Park. That was subject to Palace tabling a written formal offer for the Norway forward, which Wolves would have accepted. However, that offer, which was expected to arrive on Thursday, is yet to be received - and sources indicate Wolves have been informed Palace no longer want to proceed with the deal. It remains to be seen whether the development is a negotiating tactic with a view to agreeing a lower fee. If the Strand Larsen move falls through, it could have an impact on Jean-Philippe Mateta's anticipated exit from Selhurst Park before Monday's transfer deadline. The 28-year-old France forward has told Palace he wants to leave this month, with the Eagles increasingly open to sanctioning his departure. Nottingham Forest have already seen a £35m offer rejected by Palace and are set to accelerate their efforts to sign Mateta in the coming days - while Juventus and AC Milan are among other clubs to have shown a concrete interest in the striker. Mateta is understood to want to play Champions League football, but is open to a move to the City Ground. Palace want a replacement before sanctioning Mateta's exit - and are set to sign versatile attacker Evann Guessand on loan from Aston Villa. However, it is unclear whether the Eagles want a new recognised centre-forward through the door before allowing Mateta to leave. Meanwhile, Forest have bid £20m for Brighton midfielder Yasin Ayari, although the offer is expected to be rejected.
Nvidia Corp. provided technical support that helped DeepSeek improve its breakthrough artificial intelligence model despite US export controls designed to restrict the Chinese startup’s access to high-end American chips, according to the Republican head of the House China committee. DeepSeek achieved cutting-edge performance with its R1 model thanks to what Nvidia called “an optimized co-design of...
Nvidia Corp. provided technical support that helped DeepSeek improve its breakthrough artificial intelligence model despite US export controls designed to restrict the Chinese startup’s access to high-end American chips, according to the Republican head of the House China committee. DeepSeek achieved cutting-edge performance with its R1 model thanks to what Nvidia called “an optimized co-design of algorithms, frameworks and hardware” for using its H800 processors, Representative John Moolenaar wrote in a letter Wednesday to US Commerce Secretary Howard Lutnick . Nvidia also proposed offering DeepSeek as an enterprise-ready product to be deployed on its hardware, Moolenaar wrote, citing records obtained from the chipmaker. “In effect, Nvidia’s technical support allowed DeepSeek to extract near-frontier performance from ‘deprecated’ H800 chips, undermining the export-control bottlenecks that US policy was designed to impose,” he wrote. Nvidia’s internal reporting shows that DeepSeek-V3 requires only 2.8 million H800 GPU hours for its full training, according to the letter. Nvidia created the H800 as a hobbled version of its H100 chip in 2023 to comply with existing export control rules, and the processor was allowed to be sold to Chinese customers until October of that year. The letter offers more detail on the extent to which Nvidia was actively working to help DeepSeek design the best model possible in the face of semiconductor constraints. The records obtained by the committee included communications between Nvidia and DeepSeek from June 2024 to May 2025. Read More: US Clears Path for Nvidia to Sell H200s to China Via New Rule Moolenaar said Nvidia’s collaboration with DeepSeek should spur tough enforcement of US conditions for allowing shipments of the company’s H200s to China following President Donald Trump ’s decision in December to ease restrictions on some AI chip sales to the world’s second-largest economy. The Commerce Department has since spelled out terms...
Nvidia Corp. provided technical support that helped DeepSeek improve its breakthrough artificial intelligence model despite US export controls designed to restrict the Chinese startup’s access to high-end American chips, according to the Republican head of the House China committee. DeepSeek achieved cutting-edge performance with its R1 model thanks to what Nvidia called “an optimized co-design of...
Nvidia Corp. provided technical support that helped DeepSeek improve its breakthrough artificial intelligence model despite US export controls designed to restrict the Chinese startup’s access to high-end American chips, according to the Republican head of the House China committee. DeepSeek achieved cutting-edge performance with its R1 model thanks to what Nvidia called “an optimized co-design of algorithms, frameworks and hardware” for using its H800 processors, Representative John Moolenaar wrote in a letter Wednesday to US Commerce Secretary Howard Lutnick. Nvidia also proposed offering DeepSeek as an enterprise-ready product to be deployed on its hardware, Moolenaar wrote, citing records obtained from the chipmaker. Most Read from Bloomberg “In effect, Nvidia’s technical support allowed DeepSeek to extract near-frontier performance from ‘deprecated’ H800 chips, undermining the export-control bottlenecks that US policy was designed to impose,” he wrote. Nvidia’s internal reporting shows that DeepSeek-V3 requires only 2.8 million H800 GPU hours for its full training, according to the letter. Nvidia created the H800 as a hobbled version of its H100 chip in 2023 to comply with existing export control rules, and the processor was allowed to be sold to Chinese customers until October of that year. The letter offers more detail on the extent to which Nvidia was actively working to help DeepSeek design the best model possible in the face of semiconductor constraints. The records obtained by the committee included communications between Nvidia and DeepSeek from June 2024 to May 2025. Moolenaar said Nvidia’s collaboration with DeepSeek should spur tough enforcement of US conditions for allowing shipments of the company’s H200s to China following President Donald Trump’s decision in December to ease restrictions on some AI chip sales to the world’s second-largest economy. The Commerce Department has since spelled out terms for winning approval for H200 sales licenses, inc...
Key Points AT&T agreed last year to buy Lumen's fiber assets in a $5.75 billion deal. There will be significant integration costs, but a low penetration rate and cross-selling opportunities make the deal a slam dunk. The fiber business will help drive free cash flow growth over the next few years. 10 stocks we like better than AT&T › Telecom giant AT&T (NYSE: T) agreed to pay $5.75 billion last ye...
Key Points AT&T agreed last year to buy Lumen's fiber assets in a $5.75 billion deal. There will be significant integration costs, but a low penetration rate and cross-selling opportunities make the deal a slam dunk. The fiber business will help drive free cash flow growth over the next few years. 10 stocks we like better than AT&T › Telecom giant AT&T (NYSE: T) agreed to pay $5.75 billion last year to acquire Lumen's fiber business. The deal, which is expected to close early this year, will add 4 million passed locations and 1 million subscribers to AT&T's growing fiber network. Once the deal is closed, AT&T plans to sell a partial ownership stake in the newly created subsidiary that will hold these assets. The subsidiary will then operate as a commercial open-access platform, with AT&T as the anchor tenant. This approach will help AT&T keep its debt levels down. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » What AT&T won't be able to avoid are meaningful integration costs, with earnings taking a hit in the near term. However, the company expects the long-term opportunity to be more than worth the cost. A costly integration AT&T expects its adjusted earnings per share in 2026 to be negatively impacted by about $0.05 by integration costs and additional interest expenses related to the Lumen deal and its agreement to buy spectrum licenses from EchoStar. In the first quarter of 2026, there will be some additional costs related to integrating and scaling Lumen's retail operations. Much of the cost associated with integrating Lumen will be incurred this year, but there will also be an impact over the next few years. AT&T CFO Pasal Desroches noted in theearnings callthat "We're going to incur pretty significant acquisition initial cost to integrate those assets. And to build this and to add to the distribution behind them." However, he expects those...
Sundance film festival : there are some effective early moments in this ultra low-budget, audio-first horror but deja vu soon replaces intrigue There’s a swirl of creepy noises in A24’s new hyped-up horror Undertone – screaming, gargling, singing, banging – but nothing is quite loud enough to drown out the swirl of films it’s cribbing from. The debut feature from writer-director Ian Tuason, about ...
Sundance film festival : there are some effective early moments in this ultra low-budget, audio-first horror but deja vu soon replaces intrigue There’s a swirl of creepy noises in A24’s new hyped-up horror Undertone – screaming, gargling, singing, banging – but nothing is quite loud enough to drown out the swirl of films it’s cribbing from. The debut feature from writer-director Ian Tuason, about horror podcasters who receive a set of mysterious recordings, has elements of Paranormal Activity, Session 9, Hereditary, The Ring, The Blair Witch Project and The Exorcist, enough sighs of familiarity to give horror fans a scary case of deja vu. It’s not that total originality is expected at this particular moment (this weekend’s Send Help has been touted as Misery meets Castaway), but given the genre’s overcrowd, it’s hard to see what pushes Undertone above the noise. What it does do is make for an impressively resourceful use of a low budget, the whole thing costing about $500,000. It’s all shot in one house (Tuason’s actual home) and for the most part, any sinister goings on are restricted to audio footage, heard through the headphones of our lead Eva (Nina Kiri, who reminds me of a young Alice Eve). She’s living back home with her terminally ill mother, fending calls from a thoughtless boyfriend and patiently awaiting those from her friend, and maybe one that got away, Justin (the voice of White Lotus breakout Adam DiMarco, replacing the original voice after the A24 acquisition). The pair co-host a podcast that analyses creepy tales, Eva as the skeptic and Justin as the believer, the pair’s flirtatious pitter-patter positioning them as the Mulder and Scully of the audio world. Continue reading...
US President Donald Trump said Russian counterpart Vladimir Putin agreed to halt attacks on Kyiv and other cities for a week, as Moscow’s strikes leave Ukraine facing its toughest winter since the start of the war. Russian strikes on Ukraine’s power infrastructure have left millions with disrupted light, heating and water supplies in freezing temperatures, pushing the war-battered country towards ...
US President Donald Trump said Russian counterpart Vladimir Putin agreed to halt attacks on Kyiv and other cities for a week, as Moscow’s strikes leave Ukraine facing its toughest winter since the start of the war. Russian strikes on Ukraine’s power infrastructure have left millions with disrupted light, heating and water supplies in freezing temperatures, pushing the war-battered country towards a humanitarian crisis. “Because of the cold, extreme cold … I personally asked President Putin not to fire on Kyiv and the cities and towns for a week during this,” Trump told a cabinet meeting at the White House. Advertisement “It’s extraordinary. It’s not just like cold, it’s extraordinary cold. Record-setting cold, over there too, they are having the same, it’s a big pile of bad weather,” Trump added, comparing it to a current cold snap in Washington. “They’ve never experienced cold like that. And I personally asked President Putin not to fire into Kyiv and the various towns for a week. And he agreed to do that, and I have to tell you, it was very nice.” Ukraine veterans serve free hot meals to people without power in their homes in Kyiv on Tuesday. Photo: AP There was no immediate reaction from the Kremlin but Trump – whose summit in Alaska with the Russian leader last August ended without a breakthrough – said he trusted Putin to honour the agreement.
Earnings Call Insights: STMicroelectronics N.V. (STM) Q4 2025 Management View Jean-Marc Chery, Chairman of the Managing Board, President & CEO, stated that STMicroelectronics delivered revenues of $3.33 billion for Q4 2025, above the midpoint of guidance, with growth driven by Personal Electronics and Communication Equipment, while Automotive was below expectations. Gross margin was 35.2%, also ab...
Earnings Call Insights: STMicroelectronics N.V. (STM) Q4 2025 Management View Jean-Marc Chery, Chairman of the Managing Board, President & CEO, stated that STMicroelectronics delivered revenues of $3.33 billion for Q4 2025, above the midpoint of guidance, with growth driven by Personal Electronics and Communication Equipment, while Automotive was below expectations. Gross margin was 35.2%, also above the midpoint, attributed to a better product mix. Chery highlighted that, "Q4 revenue marked the return to year-over-year growth. During the quarter, we further worked down inventories, both in our balance sheet and in distribution, and we generated a positive $257 million free cash flow." Chery noted, "In Automotive, during the quarter, we grew revenues 3% sequentially. Year-over-year revenues declined, but with continued improvement in the trend," with design wins in both electric and traditional vehicle domains. The NXP MEMS sensor business acquisition is expected to close in H1 2026. In Industrial, Chery reported a 5% sequential and year-over-year increase in revenues, with inventories in distribution normalizing. The STM32 Summit in November showcased innovations including the first microcontroller on an 18-nanometer process and new edge AI software tools. Personal Electronics revenues were above expectations, with Chery confirming, "we strengthened our position in mobile platform and connected consumer devices." In Communication Equipment and Computer Peripherals, revenues rose 23% sequentially, with design wins in silicon carbide-based power solutions and ongoing expansion in optical connectivity for data centers. Lorenzo Grandi, President & CFO, stated, "Gross margin was 35.2%, decreasing 250 basis points year-over-year, mainly due to lower manufacturing efficiencies and to a lesser extent, negative currency effect and lower level of capacity reservation fees." Outlook Chery reported, "We are expecting Q1 '26 revenues at $3.04 billion, a decrease of 8.7% sequent...
Consumer group Foodwatch filed a complaint at the Paris Judicial Court on Thursday over an infant-formula recall, part of a crisis that’s engulfed food giants including Nestlé SA , Danone SA and Groupe Lactalis . Eight families of sick babies have filed complaints alongside Foodwatch, with additional parents in the process of joining the legal action, according to a statement from the consumer-adv...
Consumer group Foodwatch filed a complaint at the Paris Judicial Court on Thursday over an infant-formula recall, part of a crisis that’s engulfed food giants including Nestlé SA , Danone SA and Groupe Lactalis . Eight families of sick babies have filed complaints alongside Foodwatch, with additional parents in the process of joining the legal action, according to a statement from the consumer-advocacy organization. Foodwatch said the infant formula was sold for months by many multinationals before the recalls in early 2026. The legal complaint targets potential offenses including causing harm to infants, breaching safety obligations and failure to inform authorities and consumers. While the supplier of an ingredient under scrutiny — arachidonic acid oil, or ARA — may be Chinese, “this in no way absolves” the companies from ensuring the food safety of their products and to comply with European regulations on traceability and information to authorities and consumers, it said. READ: How a Dangerous Food Toxin Ended Up in Baby Formula: QuickTake
Earnings Call Insights: Tractor Supply Company (TSCO) Q4 2025 Management View CEO Harry Lawton stated that "our fourth quarter results came in below our expectations. Results reflected a shift in consumer spending with essential categories remaining resilient while discretionary demand moderated and emergency response was absent versus last year." Lawton identified three primary drivers: cycling l...
Earnings Call Insights: Tractor Supply Company (TSCO) Q4 2025 Management View CEO Harry Lawton stated that "our fourth quarter results came in below our expectations. Results reflected a shift in consumer spending with essential categories remaining resilient while discretionary demand moderated and emergency response was absent versus last year." Lawton identified three primary drivers: cycling last year's hurricane recovery, big-ticket categories experiencing a step down, and underperformance in holiday and seasonal categories due to a highly promotional environment and softer demand. He emphasized that "customer engagement remained healthy throughout the quarter and our consumable, usable and edible categories continue to perform very well, reinforcing the resilience of our needs-based model." Lawton highlighted a full year net sales increase of 4.3% to $15.5 billion, comparable store sales up 1.2%, and digital business delivering high single-digit growth. He noted strong customer retention, active customer counts, and store expansion with 99 new stores opened in 2025. Lawton explained ongoing investments in technology, including expanded use of AI and a growing relationship with OpenAI to improve forecasting, inventory flow, and productivity. He pointed to advances in direct sales and final-mile delivery, stating "we increased capacity and execution, expanding to more than 210 delivery centers covering nearly 25% of our store base." Lawton described Allivet's integration as progressing, with the business delivering approximately $100 million in sales for the year. He also noted growth in private label and exclusive brands, and plans for continued expansion in 2026. CFO Kurt Barton reported "fourth quarter gross margin declined approximately 10 basis points year-over-year as ongoing cost management was offset by incremental tariffs, elevated promotional activity and higher delivery-related transportation costs." Barton added, "our expense management was a strong ...
Oakmark Global Strategy returned 5.04% during the fourth quarter of 2025, compared to the MSCI World Index's 3.12% gain. The strategy fund initiated a position in AstraZeneca ( AZN ) and Gartner ( IT ), and exited General Motors ( GM ), Naspers ( NAPRF ), Novartis ( NVS ), and Worldline ( WWLNF ). Source: Fund Letter More on related tickers General Motors investing in U.S. workforce to begin produ...
Oakmark Global Strategy returned 5.04% during the fourth quarter of 2025, compared to the MSCI World Index's 3.12% gain. The strategy fund initiated a position in AstraZeneca ( AZN ) and Gartner ( IT ), and exited General Motors ( GM ), Naspers ( NAPRF ), Novartis ( NVS ), and Worldline ( WWLNF ). Source: Fund Letter More on related tickers General Motors investing in U.S. workforce to begin production of new vehicles AstraZeneca to invest $15B in China through 2030
A Texas business owner is facing a painful split, not just from his wife, but potentially from the company he helped build. He says he’s done almost all the work since 2021, but legally owns just 2% of the business. His wife holds the other 98%, a structure their accountant recommended for tax reasons. Divorce And Ownership Don't Match Up Manny, who shared his story on the “EntreLeadership” podcas...
A Texas business owner is facing a painful split, not just from his wife, but potentially from the company he helped build. He says he’s done almost all the work since 2021, but legally owns just 2% of the business. His wife holds the other 98%, a structure their accountant recommended for tax reasons. Divorce And Ownership Don't Match Up Manny, who shared his story on the “EntreLeadership” podcast recently with personal finance expert Dave Ramsey, said, “She’s actually 98% owner of the business and I’m 2% owner. Our CPA told us to set it up this way for tax purposes.” Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/Share Missed the AI Boom's Biggest IPOs? This Platform Lets Everyday Investors Access Private Tech Early Now, amid their divorce, Manny wants to keep the business he works in full-time. “Even though she was the 98% owner, I did 98% of the work,” he said. “All I want from this divorce is the business.” He says he offered to walk away from everything else – the house, the bank accounts – just to keep the company. But his wife hasn't given him a clear answer. “She just keeps telling me, ‘I don’t know,'” Manny said. Ramsey was direct: “You can’t just sit with her owning it and you working there. That’s not going to work.” Two Options: Mediate Or Start Over The couple’s mediation is scheduled for the following week, and the outcome will determine Manny’s next move. If his wife agrees to transfer the business, he plans to keep growing it. If not, he’s prepared to start a new heating and air conditioning company and attempt to move his existing clients over. Trending: It’s no wonder Jeff Bezos holds over $250 million in art — this alternative asset has outpaced the S&P 500 since 1995, delivering an average annual return of 11.4%. Here’s how everyday investors are getting started. “[It’s] a pain in the butt,” Ramsey said. “But that’s what divorce is, it’s a pain in the butt.” He advised Manny to be ready t...
The Nasdaq Composite pulled off its lows, but software stocks were still getting hammered. The Dow was down 100 points, or 0.2%. The iShares Expanded Tech-Software Sector ETF was still down nearly 6% after Microsoft’s earnings report sparked another software selloff.
The Nasdaq Composite pulled off its lows, but software stocks were still getting hammered. The Dow was down 100 points, or 0.2%. The iShares Expanded Tech-Software Sector ETF was still down nearly 6% after Microsoft’s earnings report sparked another software selloff.