Immigration detention on track for deadliest fiscal year since 2004 toggle caption Rebecca Blackwell/AP It's the deadliest year for those in immigration detention in more than two decades. More people have died in Immigration and Customs Enforcement custody since October — 23 — than died in the whole prior fiscal year. The most recent death was of a 56-year-old Haitian man held at an immigration d...
Immigration detention on track for deadliest fiscal year since 2004 toggle caption Rebecca Blackwell/AP It's the deadliest year for those in immigration detention in more than two decades. More people have died in Immigration and Customs Enforcement custody since October — 23 — than died in the whole prior fiscal year. The most recent death was of a 56-year-old Haitian man held at an immigration detention center in Arizona. He died in a hospital after going into septic shock. The increase in deaths comes as nearly 70,000 people are in ICE detention, the highest number in several years. Former agency officials and immigration advocates have warned that detaining more people — coupled with reduced oversight — will increase the likelihood of more fatalities. Sponsor Message "The abhorrent and worsening conditions in detention centers, gross negligence, and a complete lack of oversight have contributed to yet another grim record for deaths in ICE custody," said Jennifer Ibañez Whitlock, senior policy counsel at the National Immigration Law Center, an immigrant rights defense organization. "As a country, we cannot accept that death in federal custody is an acceptable or inevitable outcome of American immigration policy." Loading... The Department of Homeland Security (DHS) did not respond to a request for comment on the death count. Democratic lawmakers have also raised questions about the increasing numbers of deaths in detention and detainees' access to health care, as well as the lag in reporting deaths to the public. "At no time during detention is a detained alien denied emergency care," ICE stated in a press release announcing the death of the man in Arizona. Last summer, Congress gave DHS about $70 billion to hire more staff, including deportation and detention officers, and increase its detention space, as part of Republicans' One Big Beautiful Bill Act spending and tax package. But rapidly scaling up immigration arrests has contributed to overcrowding, unsanitar...
jbk_photography/iStock Editorial via Getty Images Introduction Mastercard ( MA ) has historically been known as a safe, predictable investment vehicle by operating as a dominant payment network for the global financial system. However, even though revenue growth is re-accelerating in 2025, Mastercard stock is trading at nearly a decade low P/FCF multiple as investors are beginning to become wary o...
jbk_photography/iStock Editorial via Getty Images Introduction Mastercard ( MA ) has historically been known as a safe, predictable investment vehicle by operating as a dominant payment network for the global financial system. However, even though revenue growth is re-accelerating in 2025, Mastercard stock is trading at nearly a decade low P/FCF multiple as investors are beginning to become wary of their future. The rising threats of sovereign payment networks, competitive pressures, blockchain settlement disruption, and regulatory changes have put the entire traditional payment model at risk. But Mastercard is not sitting quietly and watching its market share get eaten away. Instead, Mastercard is transforming into an enterprise SaaS and cybersecurity company. This strategic pivot into Value-Added Services and Solutions (VASS) is diversifying the company's revenue mix, expanding operating margins, and insulating its core business against macroeconomic headwinds. VASS is the New Business Model The traditional narrative around Mastercard focuses on how many times consumers swipe their credit cards . While payment network volume remains the bedrock of the company, the true financial growth engine lies in its VASS segment. To illustrate this impact, MA's total revenue for FY25 was $32.8B, with VASS contributing $13.32B or 40.6% of it, meanwhile VASS only contributed to 35.3% of total revenue in 2020. What makes this transition particularly important for investors is the speed of this segment's growth compared to the legacy payment network business. Over the last 5 years, VASS revenue has grown at a strong 19.75% CAGR with this growth percentage accelerating and drastically outpacing the core payment network's growth rate. 2020 - 2025 Value Added Services and Solutions Revenue (Author Created -- Source: 2022 10-K and 2025 10-K filings) Integrating software, data analytics, and cybersecurity into its core business model inherently expands Mastercard's margin profile and ...
zhnger/iStock Editorial via Getty Images In a luxury industry that historically grows 5%-8% annually, it's rare to see more than two consecutive years of declining revenues . However, as things currently stand, it is very likely that 2026 will be another year with little to no growth for LVMH ( LVMHF ) ( LVMUY ), and that is starting to cause even the most long-term oriented investors to break. Ba...
zhnger/iStock Editorial via Getty Images In a luxury industry that historically grows 5%-8% annually, it's rare to see more than two consecutive years of declining revenues . However, as things currently stand, it is very likely that 2026 will be another year with little to no growth for LVMH ( LVMHF ) ( LVMUY ), and that is starting to cause even the most long-term oriented investors to break. Back in December, I warned investors against getting caught up with the overly responsive market, after a not-more-than-decent quarter sent LVMH shares into a 45%+ surge. Indeed, it was ' Too Fast, Too Soon ', and the stock is down over 20% since. So, is 2026 finally going to be the year of recovery, or is LVMH experiencing more structural issues than some investors believe? I side with the latter option. Recovery-Hopeful Investors Get Crushed In 2025 Entering 2025, there were still those who thought that all of LVMH's problems came down to tough comps from the extraordinary years post-COVID. However, I said that there are clear signs that even if that is true, 2025 is not going to be the year that this ends. LVMH 2025 Presentation As it turns out, I was correct. Revenue dropped 5% for the year, while operating profit dropped 9%, and net profit declined 13%. Obviously, those are not the numbers the bulls expected. LVMH 2025 Presentation Digging into growth, we note that all geographies had a tough year, with the US coming in on top with 0% organic growth, while Japan, Asia, and Europe have declined 12%, 4%, and 1%, respectively. We can also see that the cadence throughout the year has improved, but that Q4 was broadly weaker than Q3, reflecting a lower exit pace. LVMH 2025 Presentation The same trend emerges on a business group basis, whereby the most important division, in Fashion & Leather, decelerated from Q3 to Q4, and so did the Wines & Spirits and Perfumes & Cosmetics segments. LVMH 2025 Presentation And, as I predicted , this is the type of business that when organic g...
Image source: The Motley Fool. Monday, March 9, 2026, at 11 a.m. ET CALL PARTICIPANTS President & Chief Executive Officer — Nicholas Randall Chief Commercial Officer — Matthew Tonn Chief Financial Officer — Michael Riordan Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $501 million, with 4,125 units delivered, illustrating performance at the upper end of inte...
Image source: The Motley Fool. Monday, March 9, 2026, at 11 a.m. ET CALL PARTICIPANTS President & Chief Executive Officer — Nicholas Randall Chief Commercial Officer — Matthew Tonn Chief Financial Officer — Michael Riordan Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $501 million, with 4,125 units delivered, illustrating performance at the upper end of internal expectations despite weak sector demand. -- $501 million, with 4,125 units delivered, illustrating performance at the upper end of internal expectations despite weak sector demand. Gross Margin -- Expanded by over 260 basis points, reflecting operational improvements and cost discipline. -- Expanded by over 260 basis points, reflecting operational improvements and cost discipline. Adjusted EBITDA -- Approximately $44.8 million for the year, up 4.2% from 2024 with per-car adjusted EBITDA "approaching 10% growth year over year," according to Randall. -- Approximately $44.8 million for the year, up 4.2% from 2024 with per-car adjusted EBITDA "approaching 10% growth year over year," according to Randall. Adjusted Net Income -- $18.1 million, or $0.50 per diluted share, driven by a $51.9 million noncash tax benefit offset by a $32.2 million noncash warrant liability adjustment. -- $18.1 million, or $0.50 per diluted share, driven by a $51.9 million noncash tax benefit offset by a $32.2 million noncash warrant liability adjustment. Free Cash Flow -- $31.4 million, a 44.8% increase year over year, demonstrating effective conversion of earnings to cash and enhanced liquidity. -- $31.4 million, a 44.8% increase year over year, demonstrating effective conversion of earnings to cash and enhanced liquidity. Year-End Cash Balance -- $64.3 million, supporting future growth flexibility and low net leverage at the low end of the 1x-2.5x targeted range. -- $64.3 million, supporting future growth flexibility and low net leverage at the low end of the 1x-2.5x targeted range. 2025 Backlog...
The dollar index (DXY00) today is mildly lower by -0.14%. The dollar is trading lower on today's sharp decline in oil prices, which is dovish for Fed policy. However, the dollar has underlying support from today's +2.3 bp rise in the 10-year T-note yield. Today's existing home sales report was supportive of the dollar. US Feb existing home sales rose by +1.7% m/m to 4.09 million, stronger than exp...
The dollar index (DXY00) today is mildly lower by -0.14%. The dollar is trading lower on today's sharp decline in oil prices, which is dovish for Fed policy. However, the dollar has underlying support from today's +2.3 bp rise in the 10-year T-note yield. Today's existing home sales report was supportive of the dollar. US Feb existing home sales rose by +1.7% m/m to 4.09 million, stronger than expectations for a decline to 3.88 million. Join 200K+ Subscribers: An Iranian drone attack today caused the biggest refinery in the UAE at the Ruwais Industrial Complex to halt operations due to a fire in the complex. Also, Iran's semi-official Mehr news agency reported an explosion today involving a tanker near Abu Dhabi, but no further details were available. Despite those disruptions, April WTI crude oil futures prices are down -9% today, erasing part of the sharp rally seen in the past 1-1/2 weeks. Oil prices on Monday spiked to a high of $119 per barrel Israel over the weekend bombed 30 Iranian fuel depots. However, WTI oil prices have since fallen to the $86-per-barrel area after President Trump said on Monday that the Iran war is "pretty much" over, and after G-7 finance ministers said on Monday that the G-7 nations stand ready to release oil stockpiles if needed. At a press conference Monday evening, President Trump was asked when the war would end, and he answered, "I think soon, very soon." G-7 energy ministers are meeting today beginning at 1:45 pm local time (8:45 am Eastern) at the International Energy Agency in Paris, with most ministers joining remotely, according to French Finance Minister Roland Lescure. Mr. Lescure said today, "We are gathering the G-7 energy ministers today here in Paris; we are going through the process but obviously all options are on the table," including an emergency oil stock release. He added, "We are ready." Iran has shown no signs of backing down, despite the withering air campaign launched by Israel and the US. Iran's Assembly of E...
Earnings Call Insights: ABM Industries (ABM) Q1 2026 Management View CEO Scott Salmirs stated, "We're off to a solid start of the year. We delivered 5.5% organic revenue growth, generated nearly $50 million in free cash flow and repurchased over $90 million of shares in the quarter. While margin performance in Technical Solutions was below our expectations, primarily due to project timing and mix,...
Earnings Call Insights: ABM Industries (ABM) Q1 2026 Management View CEO Scott Salmirs stated, "We're off to a solid start of the year. We delivered 5.5% organic revenue growth, generated nearly $50 million in free cash flow and repurchased over $90 million of shares in the quarter. While margin performance in Technical Solutions was below our expectations, primarily due to project timing and mix, underlying demand and backlog trends are healthy and the fundamentals across the portfolio remain constructive. As such, our full year outlook is unchanged." Salmirs highlighted the completion of the WGNSTAR acquisition at the beginning of Q2, emphasizing strengthened presence in semiconductor fabrication environments and enhanced ability to support U.S. growth areas. He noted, "With the completion of our acquisition of WGNSTAR at the beginning of Q2, we have meaningfully strengthened our presence in semiconductor fabrication environments and enhanced our ability to support the strategic U.S. growth area." The CEO addressed AI, explaining, "We believe AI will enhance ABM's capabilities rather than disintermediate our core services. ... We’re actively researching and testing a wide range of AI-enabled robotics, including emerging humanoid platforms. ... As innovation continues, we expect robotics to become an increasingly useful complement to our workforce." CFO David Orr reported, "Revenue grew 6.1% year-over-year to $2.2 billion, driven by 5.5% organic growth and a modest contribution from our acquisition in Ireland completed last year. ... Net income from the quarter was $38.8 million or $0.64 per diluted share compared to $43.6 million or $0.69 per share in the prior year period. Adjusted net income was $50.4 million or $0.83 per diluted share versus $55.3 million or $0.87 per diluted share a year ago." Outlook The company is maintaining its previously communicated fiscal 2026 outlook, expecting full year organic growth of 3% to 4%. Aviation, M&D and Technical Solutions...
saifulasmee chede/iStock via Getty Images By Mike Clarfeld, CFA, Portfolio Manager, ClearBridge Dividend Strategy Latest Selloff Exposes Concentration Risks The huge selloff in software stocks in 2026 has shocked the market, but the only real surprise is that so many investors were caught off guard. Developers have been using Cursor and other AI tools to expedite writing code since 2023: was it su...
saifulasmee chede/iStock via Getty Images By Mike Clarfeld, CFA, Portfolio Manager, ClearBridge Dividend Strategy Latest Selloff Exposes Concentration Risks The huge selloff in software stocks in 2026 has shocked the market, but the only real surprise is that so many investors were caught off guard. Developers have been using Cursor and other AI tools to expedite writing code since 2023: was it such a leap to imagine that AI would start building software itself? It is easy to throw stones after the fact; we certainly did not predict that the release of Claude Cowork would cause software stocks to swoon. But it was not hard to see this coming. Anthropic’s latest release was the match, but it did not light the fire. Claude Cowork uncovered the big risk hiding in plain sight: many investors are overexposed to expensive technology stocks. Market concentration is no secret — many of us have warned about it for years — but, as long as the market rose, greed trumped fear. Diversification is literally the first rule of prudent investment. Even before we’ve heard of the stock market, as children we’re warned not to put all our eggs in one basket. And diversification is more than just common sense — it is Nobel Prize–winning stuff! Harry Markowitz won the Nobel Prize in 1990 for his work on portfolio optimization by using fancy math to prove what we learned as kids: diversification works! Markowitz’s research famously led him to quip that “diversification is the only free lunch in investing.” So why are most U.S. equity portfolios so phenomenally concentrated? Did folks forget that it is risky to put half their portfolios in technology stocks? Coming into the year at around 35x 1 earnings, did software stocks really seem so incredibly cheap? Of course not. Every sophisticated investor knows the risks of concentration. Nobody was under the illusion that 35x earnings represents value. What really explains this reckless positioning is fear — fear of missing out. People watched A...
Canadian police are investigating after the United States consulate in downtown Toronto was hit by gunfire early on Tuesday morning. Nobody was injured. Royal Canadian Mounted Police Chief Superintendent Chris Leather called it a national security incident and said the national police force is working with Toronto police to understand the motive. Leather said the American and Israeli consulates, a...
Canadian police are investigating after the United States consulate in downtown Toronto was hit by gunfire early on Tuesday morning. Nobody was injured. Royal Canadian Mounted Police Chief Superintendent Chris Leather called it a national security incident and said the national police force is working with Toronto police to understand the motive. Leather said the American and Israeli consulates, as well as embassies in Ottawa, will see an increase in security. Advertisement Toronto Police Deputy Chief Frank Barredo said two individuals emerged from a white Honda CRV SUV at around 4.30am and fired multiple shots at the building before fleeing. “There were people inside the building. However, this building is highly secured and highly fortified and there were no injuries,” he said. A police officer works at the scene of a shooting at the US consulate in Toronto, Canada, on Tuesday. Photo: AFP Barredo said both suspects were involved in the discharge of the firearm. He said there were shell casings as well as damage outside but said bullets did not penetrate the building.
Key Points Dividend stocks and ETFs are in higher demand in uncertain and overvalued markets. The ProShares S&P 500 Dividend Aristocrats ETF invests in companies that have raised their dividends for at least 25 straight years. How much would you have to invest in this ETF to make $1 million? 10 stocks we like better than ProShares S&P 500 Dividend Aristocrats ETF › With rising geopolitical tension...
Key Points Dividend stocks and ETFs are in higher demand in uncertain and overvalued markets. The ProShares S&P 500 Dividend Aristocrats ETF invests in companies that have raised their dividends for at least 25 straight years. How much would you have to invest in this ETF to make $1 million? 10 stocks we like better than ProShares S&P 500 Dividend Aristocrats ETF › With rising geopolitical tensions, major monetary policy shifts, slowing economic growth, an overvalued stock market, a choppy job market, and elevated inflation, these are uncertain times for investors. It has lowered investors' appetite for risk and increased their desire for safer investments, particularly dividend stocks and ETFs. Dividend ETFs generally invest in stocks of large, stable companies that can be relied on to produce consistent income and solid returns through most market environments. 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 » There may be no more stable dividend ETF than the ProShares S&P 500 Dividend Aristocrats ETF (NYSEMKT: NOBL). It's all right there in the name -- it invests in large-cap stocks that have increased their dividends for at least 25 years in a row, or more. It doesn't get much more stable than that. It can certainly provide steady dividend income, but can it make you a millionaire at retirement? Built for these times The ProShares S&P 500 Dividend Aristocrats ETF is the only one that invests solely in the Dividend Aristocrats® (the term Dividend Aristocrats is a registered trademark of Standard & Poor’s Financial Services LLC). As of Feb. 1, the ETF held about 69 stocks, all of which had increased their dividend for at least 25 years in a row. The average consecutive years of dividend growth were 43 years. The ETF is equal-weighted, meaning all 69 of the stocks have roughly the same weight in th...
Welcome to The Brink . We’re Silas Brown and Giulia Morpurgo in London, reporting on how private credit’s troubled borrowers are converting their debt to equity. We also have news on AMC Entertainment’s refinancing with Deutsche Bank’s Distressed Products Group. Follow this link to subscribe . Send us feedback and tips at debtnews@bloomberg.net . Taking the Keys The ranks of distressed private com...
Welcome to The Brink . We’re Silas Brown and Giulia Morpurgo in London, reporting on how private credit’s troubled borrowers are converting their debt to equity. We also have news on AMC Entertainment’s refinancing with Deutsche Bank’s Distressed Products Group. Follow this link to subscribe . Send us feedback and tips at debtnews@bloomberg.net . Taking the Keys The ranks of distressed private companies are swelling and more are being turned over — or seized — by their lenders. Companies big and small gorged on ample funds from private credit firms in recent years. But some discovered that the debt became too much to bear through the pandemic, surging inflation and sharply rising interest rates. The solution for 146 private companies in Europe: handing the keys to their lenders, according to a recent study by Goldman Sachs Group . In debt-for-equity swaps, lenders get a company’s equity and ownership in exchange for writing off part — or sometimes all — of its outstanding loans. In one of the most comprehensive snapshots to date of strain in Europe’s rapidly expanding direct-lending universe, Goldman found that since 2023 alone, more than 100 of the region’s private borrowers have ended up in the hands of direct lenders. Italian bottle-cap maker Tapí Group is the latest subject of a showdown over assets that’s turned a lender into a shareholder. Private credit firm Tikehau Capital took over one of Tapí’s holding companies in February by enforcing a claim on a €35 million debt, according to a Luxembourg corporate filing . Tapí struggled amid a glut of inventory that followed the pandemic, which caused beverage companies to load up on supplies. Consumer demand subsequently dropped and pushed down demand for its bottle caps. But for now, there’s no certainty Tapí will join the scores of distressed companies run by lenders, given countermoves by private equity sponsor Stirling Square Capital . The Italian bidding and borrowing vehicle for Stirling Square’s acquisition a...
According to a recent SEC filing dated Feb. 17, 2026, Garden Investment Management, L.P. increased its stake in The Middleby Corporation by 102,903 shares during the fourth quarter of 2025. The estimated transaction value was approximately $13.51 million, derived from the average share price over the quarter. At quarter-end, the position’s value rose by $66.88 million, reflecting both additional s...
According to a recent SEC filing dated Feb. 17, 2026, Garden Investment Management, L.P. increased its stake in The Middleby Corporation by 102,903 shares during the fourth quarter of 2025. The estimated transaction value was approximately $13.51 million, derived from the average share price over the quarter. At quarter-end, the position’s value rose by $66.88 million, reflecting both additional shares and price changes. The Middleby Corporation is a global leader in industrial kitchen and food processing equipment, operating at scale with a diversified product suite and a broad international footprint. Middleby specializes in the design and production of cooking equipment for commercial, residential, and industrial food-service sectors . Garden Investments, established by Ed Garden, has now acquired a more than 6% stake in Middleby, the family office’s inaugural investment. Middleby is a company in transition. It recently sold a 51% stake in its Residential Kitchen business at an enterprise valuation of $885 million. Continue reading
The inquiry was also told of an email from 30 May, from a warehouse manager at Arvato to others in the business, saying she had given police a list of witnesses and asked to be the point of contact, but had not heard back from them.
The inquiry was also told of an email from 30 May, from a warehouse manager at Arvato to others in the business, saying she had given police a list of witnesses and asked to be the point of contact, but had not heard back from them.
nuchao/iStock via Getty Images Everyone knows the “Big Five of Quantum Ness” – IonQ, Rigetti, D-Wave, QNC, and QUBT—but there is a new kid on the block: Infleqtion ( INFQ ). Going public on February 23rd, the company designs quantum computers, clocks, inertial navigation systems, and RF sensors. Its debut was well-publicized (I have seen many CNBC ads that include the IPO), but not well-timed: the...
nuchao/iStock via Getty Images Everyone knows the “Big Five of Quantum Ness” – IonQ, Rigetti, D-Wave, QNC, and QUBT—but there is a new kid on the block: Infleqtion ( INFQ ). Going public on February 23rd, the company designs quantum computers, clocks, inertial navigation systems, and RF sensors. Its debut was well-publicized (I have seen many CNBC ads that include the IPO), but not well-timed: the ticker has slipped from $15.59 to $10.65 in the matter of three weeks. This may present an opportunity. Usually, I am one to wait seven months after an IPO due to the lockup, but with the stock down 33%, the ticker might be worth a speculative buy. What makes Infleqtion intriguing to me as an investor is its strategic position in quantum. The company is the first “neutral atom” quantum computing company to go public, and this line of quantum inquiry might be a distinguishing factor in the future. In addition, INFQ is already distributing a successful product line and has relationships with prominent clients like NASA, the DoD, Nvidia, and the UK government. In fact, except for IonQ, INFQ’s 12-month sales by mid-2025 trumped four of the big five. Origin Story Founded in 2007 and headquartered in Colorado, INFQ was known as Cold Quanta before changing its name in the January run-up to going public via a SPAC with Churchill Capital Corp X. Cold Quanta had 230 issued and pending patents and was originally spun out of the University of Colorado Boulder. Its first CEO (2007-2024) and INFQ’s ongoing Chief Science Officer, Dana Anderson , is a physics and engineering professor at the university and a fellow at the JILA Institute, a research think tank. What’s INFQ’s secret sauce? Its focus is on “neutral atom” solutions. Infleqtion is the only publicly traded neutral atom quantum computing company. Neutral atoms are identical by nature and don’t need to be created or corrected for any defects. Their use avoids the error-causing environmental noise more common in competing technolo...
Michael Selig, chairman of the Commodity Futures Trading Commission, says political contracts on federally regulated exchanges should be tied to specific events and not open-ended. The risk is that these bets could become an ``assassination market,'' he tells Bloomberg's Tim Stenovec in Boca Raton, Florida. (Source: Bloomberg)
Michael Selig, chairman of the Commodity Futures Trading Commission, says political contracts on federally regulated exchanges should be tied to specific events and not open-ended. The risk is that these bets could become an ``assassination market,'' he tells Bloomberg's Tim Stenovec in Boca Raton, Florida. (Source: Bloomberg)
British warship HMS Dragon has left Portsmouth and is heading to Cyprus. The UK's Prime Minister Keir Starmer confirmed a week ago that the Type 45 Destroyer would be deployed to the Mediterranean region, after a drone struck the runway at the RAF Akrotiri base in Cyprus on 1 March, causing what the Ministry of Defence (MoD) described as "minimal damage". The Royal Navy has no major warship in the...
British warship HMS Dragon has left Portsmouth and is heading to Cyprus. The UK's Prime Minister Keir Starmer confirmed a week ago that the Type 45 Destroyer would be deployed to the Mediterranean region, after a drone struck the runway at the RAF Akrotiri base in Cyprus on 1 March, causing what the Ministry of Defence (MoD) described as "minimal damage". The Royal Navy has no major warship in the Mediterranean region. Follow the latest on the Iran war.
Is the era of true "forever" stocks finally over? There's no denying more for-profit corporations are facing challenges they haven't in the past. There are some well-run outfits in industries that will simply never die, however, that you can feel good about buying and holding indefinitely. One of these names from the industrial sector is WM (WM 3.75%). You know it better as Waste Management -- the...
Is the era of true "forever" stocks finally over? There's no denying more for-profit corporations are facing challenges they haven't in the past. There are some well-run outfits in industries that will simply never die, however, that you can feel good about buying and holding indefinitely. One of these names from the industrial sector is WM (WM 3.75%). You know it better as Waste Management -- the waste collection specialist. Here's why demand for its services are only going to grow. WM under the microscope As Ben Franklin's old adage goes, "Nothing is certain but death and taxes." And the clever quip's point is well taken. Except there's at least one reasonable addition to the list. That's trash -- as long as human beings occupy the planet, they'll be producing garbage that needs to be dealt with somehow. Even if it's not a high-growth business (single-digit revenue growth is the norm here), WM is most definitely in a business that's here to stay. That being said, this particular company may well be able to deliver future shareholder returns that outpace its more modest history. Expand NYSE : WM WM Today's Change ( -3.75 %) $ -9.25 Current Price $ 237.26 Key Data Points Market Cap $99B Day's Range $ 234.80 - $ 244.58 52wk Range $ 194.11 - $ 248.13 Volume 52K Avg Vol 2.2M Gross Margin 29.08 % Dividend Yield 1.34 % But first things first. As of the latest count, WM operates 257 conventional landfill sites, 342 transfer stations, several dozen recycling facilities, and a handful of medical waste incinerators that meet a very specialized need. These assets produced $25.2 billion worth of revenue in 2025, up an impressive 14% year over year thanks to new healthcare-related services, turning $2.7 billion of that into income. While that bottom line was down just a little, that mostly reflects an increase in interest expenses; operating income actually improved by 6%. The company's also looking for top-line growth of between 5.4% and 5.8% this year, by the way, extending a...
The Iran war has thrown global oil and gas flows into chaos and the prospect of Donald Trump easing US sanctions on Russian oil to fill the gap is causing a nightmare for the EU. The European Council president, António Costa, who represents the EU’s leaders, said on Tuesday the only winner from the ongoing conflict would be Vladimir Putin, who could step into the gap created by the throttling of G...
The Iran war has thrown global oil and gas flows into chaos and the prospect of Donald Trump easing US sanctions on Russian oil to fill the gap is causing a nightmare for the EU. The European Council president, António Costa, who represents the EU’s leaders, said on Tuesday the only winner from the ongoing conflict would be Vladimir Putin, who could step into the gap created by the throttling of Gulf supplies. So how are Brussels and individual member states reacting to a crisis that in just 24 hours sent the oil price to almost $120 a barrel, before swinging back to nearer $90? European Union The European Commission urged the US on Tuesday to strictly enforce the G7 price cap on Russian oil after Washington said on Monday it was waiving certain oil-related sanctions as a way to cool the global oil price surge. While Russian crude oil was capped by the EU and the UK at $44.10 per barrel on 1 February to ensure it remains 20% below the trading price, other countries not covered by the sanctions – including China – are buying at market rate, filling the Kremlin’s coffers. “It is very important to strictly enforce the G7 price gap and potentially move to the full maritime services ban to limit Russia’s war revenues, because the opposite would be self-defeating,” said the European economic commissioner, Valdis Dombrovskis. EU commissioners discussed potential measures last Friday to ease the burden of high oil and gas prices on consumers and industry, including changes to energy taxes and amending the EU carbon price, which accounts for roughly 11% of industries’ power costs. They were due to hold a video call on Tuesday afternoon to discuss joint responses such as potentially cutting taxes on oil in a coordinated manner. Data from Eurostat, the EU statistics agency, shows that so far this year the EU buys the largest portion of its oil by value from the US, with 15% coming across the Atlantic, followed by Norway at 14%, Kazakhstan 13% and Gulf states 12%. But with ener...
The conflict between the U.S., Israel, and Iran has whipsawed the stock market since attacks began. As of this writing, the war has spread to other countries in the Middle East, further complicating the situation. Since it began, investors have been trying to understand how long the operation will last and what its impact will be at its conclusion. Predicting the future in any tense geopolitical s...
The conflict between the U.S., Israel, and Iran has whipsawed the stock market since attacks began. As of this writing, the war has spread to other countries in the Middle East, further complicating the situation. Since it began, investors have been trying to understand how long the operation will last and what its impact will be at its conclusion. Predicting the future in any tense geopolitical situation is incredibly difficult, especially in the near term, so investors should certainly not try to trade around this event. However, here's what history has shown about the market's reaction in past wars. How does the broader market perform, and which stocks have performed the best? Significant geopolitical events and wars create uncertainty, which investors don't like because it becomes less clear how the economy will perform and what policies the U.S. government will implement. Additionally, the global economy has become increasingly intertwined, so even conflicts that are geographically limited can hurt supply chains, shipping routes, and other logistics networks, having an adverse impact on some companies while making others more valuable. The Motley Fool compiled data on how the broad benchmark S&P 500 index performed three months before major U.S. wars and three months after the start of each war. The wars examined in the Motley Fool's research were World War II, the Korean War, the Vietnam War, the Gulf War, the Iraq War, and the Afghanistan War. On average, the S&P 500 lost 2.8% in the three months leading up to war, reflecting a period of great uncertainty, and 7.85% in the three months after the start. More recently, during the Afghanistan War, which started in 2001, the S&P 500 collapsed 11.4% in the three months before, then gained 10.4% in the three months after the war started. The Motley Fool also looked at how large-cap stocks, small-cap stocks, long-term bonds, and five-year notes performed during war. On average, across all these wars, small-cap stock...
Key Points The current war in the Middle East raises many questions for investors. These include how oil supplies will be impacted and how long the conflict could last. Investors can look at how stocks have reacted in past wars to get an idea of what could happen, but other factors are also at play. 10 stocks we like better than S&P 500 Index › The conflict between the U.S., Israel, and Iran has w...
Key Points The current war in the Middle East raises many questions for investors. These include how oil supplies will be impacted and how long the conflict could last. Investors can look at how stocks have reacted in past wars to get an idea of what could happen, but other factors are also at play. 10 stocks we like better than S&P 500 Index › The conflict between the U.S., Israel, and Iran has whipsawed the stock market since attacks began. As of this writing, the war has spread to other countries in the Middle East, further complicating the situation. Since it began, investors have been trying to understand how long the operation will last and what its impact will be at its conclusion. 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 » Predicting the future in any tense geopolitical situation is incredibly difficult, especially in the near term, so investors should certainly not try to trade around this event. However, here's what history has shown about the market's reaction in past wars. How does the broader market perform, and which stocks have performed the best? Significant geopolitical events and wars create uncertainty, which investors don't like because it becomes less clear how the economy will perform and what policies the U.S. government will implement. Additionally, the global economy has become increasingly intertwined, so even conflicts that are geographically limited can hurt supply chains, shipping routes, and other logistics networks, having an adverse impact on some companies while making others more valuable. The Motley Fool compiled data on how the broad benchmark S&P 500 index performed three months before major U.S. wars and three months after the start of each war. The wars examined in the Motley Fool's research were World War II, the Korean War, the Vietnam War, the Gulf Wa...
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荃灣男子潛唐樓單位圖爆竊 女鄰居揭發一度糾纏 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】一名男子在荃灣涉嫌爆竊被捕。 疑犯黑布蒙頭鎖上手銬,由警員押上警車。現場是街市街一幢唐樓,凌晨4時許,疑犯進入上址一樓一個單位內企圖爆竊,期間被隔鄰女住戶發現,雙方一度糾纏,驚動其他住客報警。