Teesside site mothballed in September given £100m by government to restart production for at least three months A shuttered carbon dioxide plant is to reopen on Teesside with £100m of government investment in response to fears the war in Iran could trigger shortages of the gas that multiple industries rely on. The business secretary, Peter Kyle, has approved the reopening of the Ensus plant to hel...
Teesside site mothballed in September given £100m by government to restart production for at least three months A shuttered carbon dioxide plant is to reopen on Teesside with £100m of government investment in response to fears the war in Iran could trigger shortages of the gas that multiple industries rely on. The business secretary, Peter Kyle, has approved the reopening of the Ensus plant to help bolster production of CO 2 , which has uses ranging from carbonating drinks and keeping food fresh to medical procedures and the sedating of animals for slaughter. Continue reading...
Enerpac Tool press release ( EPAC ): Q2 Non-GAAP EPS of $0.39 in-line. Revenue of $154.8M (+6.4% Y/Y) beats by $7M , with a 2% increase in organic sales. IT&S Product sales increased 6% organically, the highest growth in 10 quarters. Adjusted EBITDA was $33.0 million and adjusted EBITDA margin was 21.3%. Year-to-date operating cash flow was $29 million, up from $16 million in the prior year. The c...
Enerpac Tool press release ( EPAC ): Q2 Non-GAAP EPS of $0.39 in-line. Revenue of $154.8M (+6.4% Y/Y) beats by $7M , with a 2% increase in organic sales. IT&S Product sales increased 6% organically, the highest growth in 10 quarters. Adjusted EBITDA was $33.0 million and adjusted EBITDA margin was 21.3%. Year-to-date operating cash flow was $29 million, up from $16 million in the prior year. The company projects a net sales range of $635 million to $650 million (vs. consensus of $ 637.13M ) and organic sales growth of 1% to 3%, adjusted EBITDA of $158 million to $163 million, and adjusted EPS of $1.85 to $1.92 (vs. consensus of $1.92) . Free cash flow guidance remains unchanged at $100 million to $110 million. More on Enerpac Tool Mid-cap stocks with highest dividend growth grade Seeking Alpha’s Quant Rating on Enerpac Tool Historical earnings data for Enerpac Tool Dividend scorecard for Enerpac Tool Financial information for Enerpac Tool
Nutthaseth Vanchaichana/iStock via Getty Images Fund performance Columbia Cornerstone Equity Fund Institutional Class shares returned 3.27% for the three months ending December 31, 2025. The fund's benchmark, the S&P 500 Index, returned 2.66% over the same period. In sector terms, positioning within health care, financials, consumer discretionary and communication services led contributions to rel...
Nutthaseth Vanchaichana/iStock via Getty Images Fund performance Columbia Cornerstone Equity Fund Institutional Class shares returned 3.27% for the three months ending December 31, 2025. The fund's benchmark, the S&P 500 Index, returned 2.66% over the same period. In sector terms, positioning within health care, financials, consumer discretionary and communication services led contributions to relative performance, while positioning within information technology and industrials weighed most heavily on performance. Market overview U.S. equities posted a gain of 2.66% during the fourth quarter, as measured by the S&P 500 Index. The positive three-month return was primarily a function of the same factors that propelled stocks over the full year: namely, better-than-expected economic growth, robust corporate earnings results and inflation that largely remained below an annualized rate of 3%. The U.S. Federal Reserve continued to ease policy, cutting rates by a quarter point at its meetings in October and December and announcing an end to the multi-year effort to reduce the size of its balance sheet. Stocks also remained supported by ongoing excitement surrounding the artificial intelligence (AI) theme, albeit with a brief stretch of concern in November that AI-related equities were in a "bubble." Notably, the quarter was characterized by a broadening of leadership away from the mega-cap technology stocks that had been key drivers of market performance for most of the year, as value stocks outpaced their growth counterparts. Top holdings (% of net assets): as of December 31, 2025 NVIDIA ( NVDA ) 7.99 Microsoft ( MSFT ) 7.25 Alphabet-C ( GOOG ) 6.51 Apple ( AAPL ) 5.43 Amazon.com ( AMZN ) 4.89 Meta Platforms ( META ) 3.34 Broadcom ( AVGO ) 3.33 JPMorgan Chase ( JPM ) 3.13 Eli Lilly & Company ( LLY ) 2.34 Mastercard ( MA ) 2.31 Top holdings exclude short-term holdings and cash, if applicable. Fund holdings are as of the date given, are subject to change at any time, and ar...
Hong Kong flag carrier Cathay Pacific Airways will increase its fuel surcharge for all flights by 34 per cent from April – the second increase in two weeks – citing “considerable pressure” resulting from the impact of conflict in the Middle East on oil prices. The airline said on Thursday that the fuel surcharge for long-haul flights would increase by HK$396 to HK$1,560, or 34 per cent from the cu...
Hong Kong flag carrier Cathay Pacific Airways will increase its fuel surcharge for all flights by 34 per cent from April – the second increase in two weeks – citing “considerable pressure” resulting from the impact of conflict in the Middle East on oil prices. The airline said on Thursday that the fuel surcharge for long-haul flights would increase by HK$396 to HK$1,560, or 34 per cent from the current HK$1,164. The measure takes effect on Wednesday of next week. The increase also means the...