Sources say cabinet ministers warned PM against alienating civil service after firing of official over Mandelson scandal UK politics live – latest updates Cabinet ministers have expressed concern about Keir’s Starmer’s decision to sack Olly Robbins as the Foreign Office’s top official over the Peter Mandelson vetting scandal as they warned him not to alienate the civil service , sources have told ...
Sources say cabinet ministers warned PM against alienating civil service after firing of official over Mandelson scandal UK politics live – latest updates Cabinet ministers have expressed concern about Keir’s Starmer’s decision to sack Olly Robbins as the Foreign Office’s top official over the Peter Mandelson vetting scandal as they warned him not to alienate the civil service , sources have told the Guardian. Several ministers spoke out about the decision to sack Robbins during a gloomy cabinet meeting on Tuesday, according to multiple government sources. Continue reading...
Cidmart/iStock via Getty Images Introduction Signify ( PHPPY ) has been a pretty volatile stock in the past year as its share price has been known to lose 20% and gain 20% in relatively short periods of time. Subsequent to the publication of the 2025 results the share price came under severe pressure again as the bottom line result was not as good as anticipated. On top of that, it sounded like 20...
Cidmart/iStock via Getty Images Introduction Signify ( PHPPY ) has been a pretty volatile stock in the past year as its share price has been known to lose 20% and gain 20% in relatively short periods of time. Subsequent to the publication of the 2025 results the share price came under severe pressure again as the bottom line result was not as good as anticipated. On top of that, it sounded like 2026 would be another difficult year for this leader in LED lighting . I originally invested in Signify based on its free cash flow profile rather than its bottom line earnings results and for now I'm sticking to my position in anticipation of a better performance in 2027. Yahoo Finance The company's main listing ( ticker symbol LIGHT ) on Euronext Amsterdam is much more liquid, with approximately 1 million shares traded on a daily basis. I will use the Euro as base currency throughout this article. The cash flows remain very strong, and that’s a key element for me Before discussing my expectations for 2026 and 2027 I wanted to take a step back and use the 2025 results to explain how invite companies free cash flow result is stronger than its net income result. This is an integral part of my investment thesis. Whereas the Consumer business grew everywhere except in China, the Professional division was growing in the USA but decreased in Europe . The real underlying issue was the OEM segment where volume reductions happened hand in hand with pricing pressure (resulting in Signify’s margins getting hammered ). Meanwhile, the over the counter sales(and conventional sales) decreased as well, but this was generally expected. In fact, going forward, I am assuming the sale of conventional lighting will decrease towards zero in the next half decade as these orders are mainly to replace older lightbulbs in fixtures the owner doesn’t want to replace yet. Those fixtures will eventually all be replaced by LED lighting, reducing the need for conventional light ‘bulbs’. The revenue decreas...
Richard Drury/DigitalVision via Getty Images By James Picerno Stock market corrections may look similar from a top-down perspective of falling prices, but different factors can trigger corrections and bear markets at different times. High market valuation is a possible warning lately, but a markets-based estimate suggests risk is lower than an accounting-based review of equities indicates. There a...
Richard Drury/DigitalVision via Getty Images By James Picerno Stock market corrections may look similar from a top-down perspective of falling prices, but different factors can trigger corrections and bear markets at different times. High market valuation is a possible warning lately, but a markets-based estimate suggests risk is lower than an accounting-based review of equities indicates. There are multiple ways to measure valuation for stocks, and so, conflicting signals are possible - if not likely - at times. Current conditions highlight the divergence. Consider the Shiller PE Ratio, a widely followed measure of market valuation. The Cyclically Adjusted Price-Earnings Ratio (CAPE) is lofty and close to its highest level in decades, based on the April estimate from Professor Robert Shiller’s data. On that basis, stocks look substantially overvalued. By contrast, TMC Research’s Excess Return Oscillator (ERO) for the S&P 500 suggests that the market remains in a “normal” range, as indicated by the gray zone in the top chart below. (Our previous ERO update was published in January .) The sharp difference between the two indicators can be explained by methodology. Whereas CAPE reflects the S&P 500’s price relative to the average of real (inflation-adjusted) earnings over a rolling 10-year window, ERO compares the S&P’s rolling 5-year return to its rolling 5-year median, with results reframed as z-scores indicating how many standard deviations returns are above or below the average on a rolling 5-year basis. Each valuation estimate has a distinct set of pros and cons, although both share the standard caveat that neither metric can reliably predict the market’s future performance, especially in the short term. That said, ERO’s long-term history suggests that when the indicator moves toward or exceeds a +1 reading, the odds rise for a relatively significant near-term top. ERO’s current reading reflects market conditions in a “normal” range. That doesn’t mean market risk...
Zilliz, the creator of Milvus — the world's most widely adopted open-source vector database with over 43,000 GitHub stars and more than 10,000 enterprise deployments — has been recognized as a 'Stars Company' in the Vector Database market on MarketsandMarkets' 360Quadrants platform.
Zilliz, the creator of Milvus — the world's most widely adopted open-source vector database with over 43,000 GitHub stars and more than 10,000 enterprise deployments — has been recognized as a 'Stars Company' in the Vector Database market on MarketsandMarkets' 360Quadrants platform.
If you're planning on working while collecting Social Security retirement benefits, you must be aware of the rules. Unfortunately, these rules may be more complicated than you think -- and there's actually a hidden catch that could cause you to lose some of your retirement money when you may not expect it. Here's what you need to know. Image source: Getty Images. Continue reading
If you're planning on working while collecting Social Security retirement benefits, you must be aware of the rules. Unfortunately, these rules may be more complicated than you think -- and there's actually a hidden catch that could cause you to lose some of your retirement money when you may not expect it. Here's what you need to know. Image source: Getty Images. Continue reading
Donald Leng/iStock Editorial via Getty Images Peru’s defense minister, Carlos Diaz, stepped down on Wednesday after the interim government decided to defer a planned acquisition of F-16 fighter jets from the United States. Interim President Jose Balcazar, whose term ends in July, said the decision on the aircraft purchase would be left to the next administration rather than finalized during the fi...
Donald Leng/iStock Editorial via Getty Images Peru’s defense minister, Carlos Diaz, stepped down on Wednesday after the interim government decided to defer a planned acquisition of F-16 fighter jets from the United States. Interim President Jose Balcazar, whose term ends in July, said the decision on the aircraft purchase would be left to the next administration rather than finalized during the final months of his tenure. Peru has spent several years evaluating options to replace and modernize its aging air force fleet, which includes Mirage 2000 and MiG-29 aircraft obtained during the 1980s and 1990s. The country ultimately aims to buy 24 new fighter jets, with an initial order expected to cover 12 aircraft. Lockheed Martin ( LMT ) is among the companies competing for the contract. In September of last year, the U.S. State Department approved a potential sale of F-16 aircraft and related equipment to Peru, with Lockheed Martin ( LMT ) as the lead contractor and support from General Electric Aerospace ( GE ) and RTX Corp. ( RTX ) U.S. officials then estimated the package at $3.42 billion. According to local media reports, Balcazar called off a signing ceremony for the Lockheed Martin ( LMT ) deal on April 17 only hours before it was due to begin. Reports said the president was concerned about binding the incoming government to a major long-term defense commitment. Authorities have not publicly confirmed that a signing event had been scheduled. Diaz, who had served as defense minister since March 17, had been expected to testify before Congress’s Defense Committee regarding the delayed agreement. More on Lockheed Martin Lockheed Martin: Strong Franchise, Limited Upside At Current Valuation Why Lockheed Martin Is Heading To $843: A Deep Dive Into Its Financial Health The Shahed Drone War Is Creating A Missile Defense Supercycle For Lockheed Martin Navy turns to Patriot missiles for ship defense in boost for Lockheed Pentagon details Trump’s $1.5T defense plan; focus o...
Weatherford International ( WFRD ) declares $0.275/share quarterly dividend , in line with previous. Forward yield 1.06% Payable June 4; for shareholders of record May 6; ex-div May 6. See WFRD Dividend Scorecard, Yield Chart, & Dividend Growth. More on Weatherford International Weatherford: Out Too Early Given The 2026 Macro Weatherford International plc (WFRD) Q4 2025 Earnings Call Transcript We...
Weatherford International ( WFRD ) declares $0.275/share quarterly dividend , in line with previous. Forward yield 1.06% Payable June 4; for shareholders of record May 6; ex-div May 6. See WFRD Dividend Scorecard, Yield Chart, & Dividend Growth. More on Weatherford International Weatherford: Out Too Early Given The 2026 Macro Weatherford International plc (WFRD) Q4 2025 Earnings Call Transcript Weatherford International plc 2025 Q4 - Results - Earnings Call Presentation Weatherford International GAAP EPS of $1.49, revenue of $1.15M Weatherford International Q1 2026 Earnings Preview
Zerbor/iStock via Getty Images Intuitive Surgical ( ISRG ) added ~7%, on track to what could be its biggest intraday gain since October, as Wall Street cheered the company's decision to hike its 2026 outlook after reporting better-than- expected Q1 results. Financials The maker of da Vinci Surgical Systems reported $2.50 of adjusted earnings per share for the quarter on $2.8B in revenue, which ind...
Zerbor/iStock via Getty Images Intuitive Surgical ( ISRG ) added ~7%, on track to what could be its biggest intraday gain since October, as Wall Street cheered the company's decision to hike its 2026 outlook after reporting better-than- expected Q1 results. Financials The maker of da Vinci Surgical Systems reported $2.50 of adjusted earnings per share for the quarter on $2.8B in revenue, which indicated a ~23% YoY rise, exceeding the consensus by $0.39 and $150M, respectively. Its instruments and accessories unit drove the top-line beat, adding $1.7B in revenue with ~23% YoY growth compared to $1.6B in the consensus, according to Bloomberg data. Meanwhile, its systems revenue jumped ~24% YoY to $650.7M, exceeding $602.7M in the consensus. The Sunnyvale, California-based MedTech’s non-GAAP gross profit margin improved to ~68% during the quarter compared to ~66% in the prior-year period, while its non-GAAP net income rose ~36% YoY to $901M. Looking ahead, the company projected its full-year da Vinci procedures to grow 13.5% YoY - 15.5% YoY globally and adjusted gross margin to reach 67.5% - 68.5%, compared to 13% YoY - 15% YoY and 67% - 68% in the prior forecasts, respectively. Analyst reaction According to Bloomberg, Citi analyst Joanne Wuensch, with a Buy recommendation and a $590 per share target on ISRG, wrote that the company “delivered 1Q26 revenue and earnings that beat estimates." Jefferies analyst Matthew Taylor, who has a Buy rating on the stock, agreed. The guidance hike was driven by “solid utilization and procedure trends," Taylor added, adjusting his price target on ISRG to $515 from $560 per share. Meanwhile, despite the company’s consensus-beating results, Seeking Alpha analyst StockBros Research issued a Hold rating on the stock, citing concerns over its valuation. “I think there are other high-quality stocks out there that have better valuations relative to their growth potential,” the analyst added. More on Intuitive Surgical Intuitive Surgical Q1 E...
There’s been a lot of talk about how ETFs are slowly cannibalizing the mutual fund industry. In some cases, it’s happening through outright conversions. In others, it’s happening through ETF share classes becoming more common in 2026. But one area that has remained surprisingly resilient is money market mutual funds. These funds invest in ultra short-term, ... Tired of money market funds? Check ou...
There’s been a lot of talk about how ETFs are slowly cannibalizing the mutual fund industry. In some cases, it’s happening through outright conversions. In others, it’s happening through ETF share classes becoming more common in 2026. But one area that has remained surprisingly resilient is money market mutual funds. These funds invest in ultra short-term, ... Tired of money market funds? Check out this weekly paying low-risk ETF
Sunoco LP ( SUN ) declares $0.9899/share quarterly dividend , 6.2% increase from prior dividend of $0.9317. Forward yield 6.07% Payable May 20; for shareholders of record May 8; ex-div May 8. See SUN Dividend Scorecard, Yield Chart, & Dividend Growth. More on Sunoco LP I Own The Gas Pump With 6% Yields And 5% Dividend Growth: Sunoco Sunoco: Set For Distribution Growth Despite IDR Headwinds Sunoco ...
Sunoco LP ( SUN ) declares $0.9899/share quarterly dividend , 6.2% increase from prior dividend of $0.9317. Forward yield 6.07% Payable May 20; for shareholders of record May 8; ex-div May 8. See SUN Dividend Scorecard, Yield Chart, & Dividend Growth. More on Sunoco LP I Own The Gas Pump With 6% Yields And 5% Dividend Growth: Sunoco Sunoco: Set For Distribution Growth Despite IDR Headwinds Sunoco After Earnings: New All-Time Highs Within Reach (Upgrade) Sunoco prices upsized $1.2B senior notes Sunoco LP to offer $1 billion in senior notes due 2031 and 2034