Expand NASDAQ : AAL American Airlines Group Today's Change ( -5.42 %) $ -0.68 Current Price $ 11.79 Key Data Points Market Cap $8.2B Day's Range $ 11.54 - $ 12.21 52wk Range $ 8.50 - $ 16.50 Volume 2.7M Avg Vol 57M Gross Margin 19.17 % American Airlines Group (AAL 5.42%), a major passenger and cargo carrier, closed Thursday at $11.79, down 5.38%. The stock moved lower after bearish research highli...
Expand NASDAQ : AAL American Airlines Group Today's Change ( -5.42 %) $ -0.68 Current Price $ 11.79 Key Data Points Market Cap $8.2B Day's Range $ 11.54 - $ 12.21 52wk Range $ 8.50 - $ 16.50 Volume 2.7M Avg Vol 57M Gross Margin 19.17 % American Airlines Group (AAL 5.42%), a major passenger and cargo carrier, closed Thursday at $11.79, down 5.38%. The stock moved lower after bearish research highlighted fuel-cost exposure and balance sheet risk. Investors are also closely watching fuel prices and margin trends. Trading volume reached 125 million shares, coming in about 114% above its three-month average of 58.4 million shares. American Airlines Group IPO'd in 2005 and has fallen 39% since going public. How the markets moved today The S&P 500 (^GSPC 0.56%) slipped 0.58% to 6,830, while the Nasdaq Composite (^IXIC 0.26%) eased 0.26% to 22,749 as broader markets consolidated recent gains. Among airlines, Delta Air Lines (DAL 3.84%) closed at $61.31 (-3.95%) and United Airlines (UAL 5.03%) finished at $95.43 (-5.03%), reflecting similar pressure on sector rivals. What this means for investors Jet fuel spot prices have been rising since the weekend when the U.S. and Israel began bombing Iran. The conflict has spread around the Middle East and Iran has declared the Strait of Hormuz closed and attacked some ships that attempted the route. That has led to a further spike in jet fuel prices today. Additionally, Rothschild & Co Redburn downgraded American Airlines on the jet fuel cost risk. Investors are concerned as the carrier already operates with very tight margins. A potential positive for American stock is that it became the first U.S. airline to restore flights to Venezuela, adding new routes from Miami that will potentially add revenue. The airline had already announced plans for a $1 billion expansion to add gates at the airport.
A & W Food Services of Canada Inc. press release ( AW:CA ): Q4 Revenue of $93M. Income before income taxes increased by $26.7 million (53%) to $76.7 million Adjusted EBITDA (i) increased by $6.6 million (7%) to $100.0 million and Adjusted EBITDA Margin (i) increased 200 bps to 34.0% from 32.0% General and administrative expenses increased by $1.1 million (2%) to $49.7 million, in line with the inc...
A & W Food Services of Canada Inc. press release ( AW:CA ): Q4 Revenue of $93M. Income before income taxes increased by $26.7 million (53%) to $76.7 million Adjusted EBITDA (i) increased by $6.6 million (7%) to $100.0 million and Adjusted EBITDA Margin (i) increased 200 bps to 34.0% from 32.0% General and administrative expenses increased by $1.1 million (2%) to $49.7 million, in line with the increase in Canada's Consumer Price Index in 2025 of 2.1% (ii) Cash Dividends totalling $1.92 per share were declared More on A & W Food Services of Canada Inc. Seeking Alpha’s Quant Rating on A & W Food Services of Canada Inc. Historical earnings data for A & W Food Services of Canada Inc. Dividend scorecard for A & W Food Services of Canada Inc. Financial information for A & W Food Services of Canada Inc.
MasaoTaira/iStock via Getty Images Shopping center operator Whitestone REIT ( WSR ) is seeing some takeover interest from private equity firms including Blackstone ( BX ) and TPG ( TPG ). Shares of Whitestone rose 1.6% in after-hours trading. Whitestone REIT ( WSR ) hired Bank of America to oversee the sales process, according to a Reuters report on Thursday, which cited people familiar with the m...
MasaoTaira/iStock via Getty Images Shopping center operator Whitestone REIT ( WSR ) is seeing some takeover interest from private equity firms including Blackstone ( BX ) and TPG ( TPG ). Shares of Whitestone rose 1.6% in after-hours trading. Whitestone REIT ( WSR ) hired Bank of America to oversee the sales process, according to a Reuters report on Thursday, which cited people familiar with the matter. The PE firms have signed confidentiality agreements that allow them to review information for a potential bid. Whitestone didn't immediately respond to a request for comment from Reuters. Blackstone, TPG and Bank of America declined to comment. Whitestone ( WSR ) received an offer in November from MCB Real Estate, a commercial real estate developer and investment management firm, to acquire the retail REIT for $15.20 per share in cash. More on Whitestone REIT Whitestone REIT 2025 Q4 - Results - Earnings Call Presentation Whitestone REIT (WSR) Q4 2025 Earnings Call Transcript Whitestone REIT: Sun Belt Focus, Improving Fundamentals, And Buyout Upside Whitestone REIT targets 5%–7% core FFO growth and record occupancy as redevelopment ramps up MCB seeks response on Whitestone REIT purchase offer
The uncertainty created by the war in the Middle East is having an impact across the globe, and Australia isn’t immune. Qantas is adding new long-haul flights through the US to get passengers to their final destinations, while Canadian Prime Minister Mark Carney used an address to Parliament to pitch for greater diplomatic collaboration. Meanwhile in Iran, there are growing questions around what U...
The uncertainty created by the war in the Middle East is having an impact across the globe, and Australia isn’t immune. Qantas is adding new long-haul flights through the US to get passengers to their final destinations, while Canadian Prime Minister Mark Carney used an address to Parliament to pitch for greater diplomatic collaboration. Meanwhile in Iran, there are growing questions around what US President Donald Trump’s endgame is in his war with Tehran. In the face of growing global political and economic uncertainty, a luxury home in New Zealand doesn’t sound like such a bad thing. That’s what the government is hoping wealthy investors think, at least, as they allow golden visa holders back into their high-end property market from today. - Ben Westcott, Asia Agriculture reporter What’s happening now New Zealand is reopening its luxury property market to wealthy foreign investors, just as rising geopolitical tensions spur demand for far-flung havens. Starting Friday, holders of the country’s so-called golden visas will be allowed to buy or build homes worth at least NZ$5 million. It comes as tens of thousands of Kiwis are joining an exodus across the Tasman Sea to Australia — here’s why they’re making the move. Qantas is among a number of airlines who are adding long-haul flights after the war in the Middle East knocked out carriers in the region, roiling travel plans and causing airfares to skyrocket. Australia’s flag carrier has seen a spike in customers traveling via the US to get to their final destinations. Canada and Australia should use their reputations as stable, trustworthy democracies to lead coalitions that can resist domination by the US, China and other great powers, Mark Carney told Parliament yesterday in Canberra. Goldman Sachs CEO David Solomon said he’s watching the private credit market for “frothiness,” though in contrast with some of his peers he hasn’t seen significant cause for concern, in a Bloomberg Television interview from Sydney yest...
CALGARY, Alberta, March 05, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its fourth-quarter and year-end 2025 financial and operational results. Unless otherwise noted, all financial figures in this news release are unaudited and presented in U.S. dollars. Highlights Safety and operational performance Achieved occupational safety excellence with a ...
CALGARY, Alberta, March 05, 2026 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its fourth-quarter and year-end 2025 financial and operational results. Unless otherwise noted, all financial figures in this news release are unaudited and presented in U.S. dollars. Highlights Safety and operational performance Achieved occupational safety excellence with a zero recordable case rate in 2025, a year of significant activity that included progressing the Blackrod Connection Project and remedial actions following the Milepost 171 (MP-171) incident. Recorded 2025 annual average throughput of approximately 584,000 barrels per day (bbl/d) on the Keystone Pipeline and approximately 718,000 bbl/d on the U.S. Gulf Coast segment of the Keystone Pipeline System. Fourth-quarter 2025 throughput on the Keystone Pipeline and the U.S. Gulf Coast segment of the Keystone Pipeline System averaged approximately 594,000 bbl/d and 680,000 bbl/d, respectively. Placed the Blackrod Connection Project into commercial service on March 1, 2026. As South Bow's first major growth initiative, the project was on schedule, on budget, and had a zero recordable case rate. Cash flows are expected to increase throughout the second half of 2026 and into 2027, with the project contributing approximately $10 million in normalized earnings before interest, income taxes, depreciation, and amortization (normalized EBITDA) 1 in 2026. in 2026. Advanced remedial actions relating to the MP-171 incident, completing 11 in-line inspections and 51 integrity digs to date. As previously disclosed, South Bow received the independent third-party root cause analysis (RCA), confirming that the characteristics of the incident were unique, and that the pipe and welds conformed to industry standards for design, materials, and mechanical properties. See "Milepost 171 incident" of this news release for additional details. Financial performance Delivered solid financial results in 2025 des...
Wirestock/iStock via Getty Images Blue Owl Capital Inc. ( OWL ) has had very weak share price performance over the last year while its underlying business performance has remained good, but this doesn’t seem to be an opportunity due to the rising risk of a credit crisis ahead. This makes its investment case quite binary and risky, making me cautious as a long-term investor that makes capital prese...
Wirestock/iStock via Getty Images Blue Owl Capital Inc. ( OWL ) has had very weak share price performance over the last year while its underlying business performance has remained good, but this doesn’t seem to be an opportunity due to the rising risk of a credit crisis ahead. This makes its investment case quite binary and risky, making me cautious as a long-term investor that makes capital preservation a long-term goal for my portfolio. Business Overview Blue Owl Capital is an alternative asset manager with some $307 billion of assets under management (AuM) at the end of 2025. Its business is mainly distributed across three areas, namely Credit, Real Assets, and General Partners (GP) Strategic Capital. About 51% of its AuMs are in private credit, 26% in Real Assets, and the rest is in strategic capital. The company is a leading asset manager in the private credit sector, making Blue Owl one of the main partners for private companies across direct lending and alternative credit markets, plus it also manages several Business Development Companies (BDC). Due to its relatively large size and business profile, its main competitors include other alternative asset managers, such as Blackstone ( BX ) or Apollo Global Management ( APO ), and other BDCs, like Ares Capital ( ARCC ) or Main Street Capital ( MAIN ). Its customer base is diversified across private clients, insurance companies, pension funds, sovereign wealth funds, and others. At the end of last year, about 60% of AuMs were from institutional investors, while 40% were from private customers, with the vast majority (around 75%) being geographically based in North America. Its AUM has increased at very fast growth rates in recent years, from about $62 billion when it was listed to more than $300 billion nowadays, both through organic initiatives and acquisitions. Moreover, the company has also diversified the business across private credit, real estate, data center financing, and others, which has also been an im...
GH Research press release ( GHRS ): FY GAAP EPS of -$0.79. Cash, cash equivalents and marketable securities of $280.7 million as of December 31, 2025 More on GH Research GH Research: GH001 Shows Robust Data Ahead Of FDA IND Decision GH Research surges as FDA lifts clinical hold on depression therapy GH Research surges on upcoming late-stage trial update Seeking Alpha’s Quant Rating on GH Research ...
GH Research press release ( GHRS ): FY GAAP EPS of -$0.79. Cash, cash equivalents and marketable securities of $280.7 million as of December 31, 2025 More on GH Research GH Research: GH001 Shows Robust Data Ahead Of FDA IND Decision GH Research surges as FDA lifts clinical hold on depression therapy GH Research surges on upcoming late-stage trial update Seeking Alpha’s Quant Rating on GH Research Historical earnings data for GH Research
As Dubai residents sat on their balconies watching Iranian missiles being intercepted, London-based recruiter Ashwin Anil started getting calls and texts from prospective hires contemplating a move to the Gulf metropolis. Half of them were now having doubts. “In a few cases, they have withdrawn from processes while they reassess things,” said Anil, who handles jobs in private equity, credit and ve...
As Dubai residents sat on their balconies watching Iranian missiles being intercepted, London-based recruiter Ashwin Anil started getting calls and texts from prospective hires contemplating a move to the Gulf metropolis. Half of them were now having doubts. “In a few cases, they have withdrawn from processes while they reassess things,” said Anil, who handles jobs in private equity, credit and venture funds. Companies, too, are reconsidering hiring there, he said. “A number of firms are continuing as normal, but others are taking a step back and rethinking hires or slowing down processes until they have a clearer view,” said Anil. Dubai and neighboring Abu Dhabi face the most serious threat to their status as hubs for the global economy and magnets for money and talent after war came to their doorstep . At stake is the allure of the United Arab Emirates as a pillar of stability in an uncertain world after its gleaming cities drew the biggest names in finance, became vital travel gateways and embarked on building huge data centers. Alongside others in the Gulf, the UAE has acted as banker to the world , funneling hundreds of billions into global deals and encouraging foreign investors to park their money. Abu Dhabi’s $2 trillion in sovereign wealth, Dubai’s deep pool of private capital and the UAE’s low-tax environment were a dream to firms looking for growth and funding. The recent influx of billionaires , asset managers and global banks had suggested that proximity to the world’s most volatile region could be quietly discounted. That, in the short term at least, looks to be over as the US and Israel pursue their war on Iran and the Islamic Republic retaliates. UAE authorities warned Dubai residents late on Thursday of incoming missiles, urging them to seek immediate shelter. It’s unclear how many expats are thinking of uprooting, or deciding against a move, at this stage. Much depends on the next couple of weeks. For now, the biggest change is that people who were...
Limits set by your bank, not by Zelle To send money, you just need the recipient’s email address or phone number. Transfer limits depend on your bank—for example, Wells Fargo allows $3,500 per day and $20,000 per 30-day rolling period for consumer accounts, while Chase uses a dynamic limit system based on your transaction history and recipient. Important change: As of April 1, 2025, the standalone...
Limits set by your bank, not by Zelle To send money, you just need the recipient’s email address or phone number. Transfer limits depend on your bank—for example, Wells Fargo allows $3,500 per day and $20,000 per 30-day rolling period for consumer accounts, while Chase uses a dynamic limit system based on your transaction history and recipient. Important change: As of April 1, 2025, the standalone Zelle app is no longer available. To use Zelle, you must enroll through a participating bank or credit union’s mobile app or online banking platform. Zelle sends money directly between bank accounts, typically within minutes—even on weekends and holidays. It’s integrated into more than 2,200 banks and credit unions, so most people can access it through the banking app they already use. There are no fees to send or receive money. Best for : People with compatible bank accounts who want fast, free transfers through their bank app. Compare your options: See Bankrate’s best checking accounts for 2026 to find the right account for sending and receiving money. Here are the seven best ways to send money, with the details you need to pick the right one for your situation. But not all payment apps work the same way. Fees, transfer speeds, sending limits, and fraud protections vary widely between services. Choosing the wrong one could mean paying unnecessary fees or waiting days for your money to arrive. Sending money to someone else has never been easier, thanks to peer-to-peer (P2P) payments . With a few taps on your smartphone, you can send or receive money in minutes — whether you’re splitting a dinner bill, paying rent, or helping out a family member in a pinch. Wire transfers remain the best option for large sums ($10,000+), though domestic outgoing fees typically run $25–$40. Apple Cash and Samsung Pay Cash offer device-native transfers but require both parties to use compatible hardware. PayPal supports the highest transfer limits at up to $60,000 per transaction for verifie...
Rainer Puster/iStock via Getty Images The U.S.-Iran war is shaking up the entire world, and the European Union is not an exception. Even though it currently wants to stay out, the paradox is that the consequences of this conflict affect mainly the Old Continent. In fact, the two business days following the war break out, the stock market indexes of countries like Spain, Germany and Italy (among th...
Rainer Puster/iStock via Getty Images The U.S.-Iran war is shaking up the entire world, and the European Union is not an exception. Even though it currently wants to stay out, the paradox is that the consequences of this conflict affect mainly the Old Continent. In fact, the two business days following the war break out, the stock market indexes of countries like Spain, Germany and Italy (among the biggest EU economies) fell up to ~ 7%, much more than the S&P 500 (~ 2.50%). Why such a negative market reaction towards countries that are outside of this war? Spain condemned U.S. strikes against Iran and Germany has already announced that it won’t be involved in Iran regime change actions. Italy will probably send some military aid to Gulf countries, but it won’t be actively involved. The reason why these countries (in general, the whole EU) fear this war has nothing to do with military involvement, but energy dependency and markets know that. Their industries desperately need oil & gas, but their domestic production is either absent or too low. EU countries depend on oil & gas imports, and this war is destabilizing their energy supply chain. How the Iran-U.S. war affects the European Union The European Union is not a fast-growing economy. In fact real GDP growth expectations are +1.20% in 2026 and +1.40%; basically three times less than U.S. However, in those growth expectations is not priced in the current U.S.-Iran war and what could be its impact. That’s a big deal since this war is supposed to have a major role in terms of global energy prices (we are already experiencing it), and many EU countries are not self-sufficient: they constantly need to import energy sources, mainly gas and oil. A disruption in the energy supply chain will definitely have a significant impact on the inflation rate, something that has already happened in 2022. Back then, EU countries (especially Italy and Germany) that couldn’t rely anymore on cheap Russian gas imports faced a massive blo...
Hasbro ( HAS ) on Thursday said it priced an underwritten public offering of $400 million in 4.650% notes due 2031, with interest accruing from March 12, 2026, and semi annual payments beginning September 12, 2026. The company expects to receive net proceeds of $397 million after the underwriting discount, which it intends to use for general corporate purposes, including redeeming or repaying outs...
Hasbro ( HAS ) on Thursday said it priced an underwritten public offering of $400 million in 4.650% notes due 2031, with interest accruing from March 12, 2026, and semi annual payments beginning September 12, 2026. The company expects to receive net proceeds of $397 million after the underwriting discount, which it intends to use for general corporate purposes, including redeeming or repaying outstanding debt. The offering is expected to settle on or about March 12, 2026, subject to customary closing conditions. The notes are being offered under an effective shelf registration statement filed with the SEC. HAS closed -1.81% at $95.37. Source: Press Release More on Hasbro Hasbro: MAGIC Strength Increasingly Reflected (Downgrade) Hasbro, Inc. (HAS) Q4 2025 Earnings Call Transcript Hasbro, Inc. 2025 Q4 - Results - Earnings Call Presentation Hasbro sues the U.S. government to recover tariff costs Hasbro is winning the toy war this year as Mattel spirals lower
Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Operational Highlights Production in the fourth quarter was 2,364,000 tonnes of methanol compared to 2,212,000 tonnes in the third quarter of 2025. Continued to progress the acquisition integration plan with a focus on safe and reliable operations, ending 2025 with the best two-year safety record ...
Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Operational Highlights Production in the fourth quarter was 2,364,000 tonnes of methanol compared to 2,212,000 tonnes in the third quarter of 2025. Continued to progress the acquisition integration plan with a focus on safe and reliable operations, ending 2025 with the best two-year safety record in Methanex history. Achieved an average realized price in the fourth quarter of $331 per tonne compared to $345 per tonne in the third quarter of 2025. For the fourth quarter of 2025, Adjusted EBITDA was $186 million, Adjusted net loss was $11 million, and net loss attributable to Methanex shareholders was $89 million. The net loss was largely driven by the non-cash impairment expense of $82 million (inclusive of tax) recorded relating to our New Zealand operations. Full year 2025 net income attributable to Methanex shareholders of $80 million, Adjusted EBITDA of $808 million and cash flows from operating activities of $1,016 million. In 2025, $54 million was returned to shareholders through regular dividends and $200 million of the Term Loan A was repaid with cash flows generated from operations, in line with our goal to deleverage the balance sheet. We ended the year with $425 million in cash. VANCOUVER, BRITISH COLUMBIA, March 05, 2026 (GLOBE NEWSWIRE) -- For the fourth quarter of 2025, Methanex (TSX:MX) (Nasdaq:MEOH) reported a net loss attributable to Methanex shareholders of $89 million ($1.15 net loss per common share on a diluted basis) compared to a net loss of $7 million ($0.09 net loss per common share on a diluted basis) in the third quarter of 2025. Adjusted EBITDA for the fourth quarter of 2025 was $186 million and Adjusted net loss was $11 million ($0.14 Adjusted net loss per common share). This compares with Adjusted EBITDA of $191 million and Adjusted net income of $5 million ($0.06 Adjusted net income per common share) for the third quarter of 2025. Rich ...
100% Of Audited Medicaid Claims For Autism Care In Colorado Were Improper Or Flawed: Report Authored by Sylvia Xu via The Epoch Times (emphasis ours), Colorado’s Medicaid program made an estimated $77.8 million in improper payments and another $207.4 million in potentially improper payments for autism therapy, according to a February report from the Inspector General for the Department of Health a...
100% Of Audited Medicaid Claims For Autism Care In Colorado Were Improper Or Flawed: Report Authored by Sylvia Xu via The Epoch Times (emphasis ours), Colorado’s Medicaid program made an estimated $77.8 million in improper payments and another $207.4 million in potentially improper payments for autism therapy, according to a February report from the Inspector General for the Department of Health and Human Services. A sign in front of the Centers for Medicare and Medicaid Services building in Woodlawn, Md., on March 19, 2025. Kayla Bartkowski/Getty Images Auditors investigated $289.5 million in Medicaid payments from 2022 to 2023 that paid for more than 1 million claims for Applied Behavior Analysis—a therapy used to treat autism and developmental disabilities. Each of the 100 claims reviewed contained at least one improper or potentially improper payment, suggesting a 100 percent failure rate. Improper payments are not necessarily fraudulent. Payments are considered improper when the claim does not meet federal or state requirements. Payments are potentially improper when the submitted claim is so poor or unreliable that auditors cannot verify that the services were provided correctly. Claim Errors In 93 of 100 claims examined, the billing providers either did not provide notes verifying that the therapy took place, didn’t provide the required signatures, or billed for more time than the notes indicated. In 18 cases, the therapy that was supposed to be performed by a specialist—such as a Board Certified Behavior Analyst—was performed by staff without those qualifications. In seven cases, the children receiving therapy lacked a current doctor’s diagnosis or referral on file. In 88 cases, facilities billed for recreational activities that are not considered medical therapy, such as academic tutoring, day care, or custodial care. In one case, a facility billed for children swimming and playing on water slides. In 76 cases, facilities billed for a full eight-hour day wi...
Yuan financing has never been as popular as it is now, with more countries and foreign companies tapping the market, in a sign that China’s ambition to internationalize its currency is bearing fruit. Bonds, either sold within China by overseas entities or issued elsewhere, raised a record 218 billion yuan ($31.6 billion) already this year, as the Indonesian government and Wall Street’s Morgan Stan...
Yuan financing has never been as popular as it is now, with more countries and foreign companies tapping the market, in a sign that China’s ambition to internationalize its currency is bearing fruit. Bonds, either sold within China by overseas entities or issued elsewhere, raised a record 218 billion yuan ($31.6 billion) already this year, as the Indonesian government and Wall Street’s Morgan Stanley joined the binge. That adds to the equivalent of $167 billion borrowed via notes and loans in 2025, a tripling in just five years. The yuan’s growing importance as a global funding currency reinforces China’s push for greater influence in finance and trade, just as the US upsets allies and markets alike with its America First policy. The drive is supported by a renminbi bouncing back from a 17-year low and cheap borrowing costs, and more importantly takes advantage of a desire by some investors to diversify away from the dollar. There are signs Beijing wants more, with the People’s Bank of China last month ramping up support for cross-border financing, while prominent Chinese economists argue for looser capital controls given the historic opportunity to boost the yuan’s global appeal. Since late last year, Wall Street analysts have been flocking to forecast further strength for the currency. “The yuan’s internationalization is gaining real traction, especially in trade settlement and financing,” said Aidan Yao , senior investment strategist for Asia at Amundi Investment Institute. “With a growing share of settlements in yuan for Chinese imports, countries need to hold more yuan, driving demand that spills over into the offshore bond market and creates a virtuous cycle.” A key driver of demand for yuan financing is the lower interest rates in China, where deflationary pressures have persisted. When Indonesia issued a dual-currency bond last month, it sold its 10‑year offshore yuan note at about one percentage point below what it paid on a euro tranche that matures in eig...
Asics Corp. is accelerating its global expansion by taking greater control of marathon infrastructure, a strategy executives say will deepen engagement with runners and convert that access into faster growth in running-shoe sales. The 77-year-old Japanese sportswear maker has been acquiring race-registration platforms in markets including Thailand, Spain, France and Australia. These platforms are ...
Asics Corp. is accelerating its global expansion by taking greater control of marathon infrastructure, a strategy executives say will deepen engagement with runners and convert that access into faster growth in running-shoe sales. The 77-year-old Japanese sportswear maker has been acquiring race-registration platforms in markets including Thailand, Spain, France and Australia. These platforms are being linked with Asics’ membership program to create an ecosystem: runners can register for races, use the company’s tracking app, and receive personalized training plans and footwear recommendations months before race day. Asics views the Sydney Marathon as a successful model, which it would like to roll out as a “best practice,” Chief Operating Officer Mitsuyuki Tominaga said. “Not only do we want to sponsor major marathon events, we want to engage with them directly.” Such early access offers a structural advantage as the industry shifts toward direct-to-consumer models. Few global rivals have bought race-registration platforms at scale and rely instead on high-profile athlete ambassadors — giving Asics a relatively uncontested channel to reach runners. It’s another creative bet for Chief Executive Officer Yasuhito Hirota , under whom Asics has pulled off one of corporate Japan’s most notable turnarounds. The company’s operating profit has climbed sixfold in four years to ¥142 billion ($903 million), reversing a ¥4 billion loss in 2020, while its valuation has surged to about ¥3.4 trillion. Asics says the new strategy is already paying off: sales at its booth during the Sydney Marathon in August rose fourfold from the previous year, while e-commerce sales increased 8.3% to ¥148.4 billion. The strategy was on display at the Tokyo Marathon this month. Revenue at the race expo rose by double digits compared with the previous year, according to the company. Monique Johnson, visiting from Houston for her first Tokyo Marathon, said she typically wears other brands but purchas...
Peter Cade/DigitalVision via Getty Images I was a former shareholder of travel software company Sabre Corporation (NASDAQ: SABR ). I purchased shares and call options early on during the pandemic when travel-related stocks plunged in the wake of the global travel shutdown. While SABR stock initially tried to bounce back, the company never really recovered operationally. I eventually exited my posi...
Peter Cade/DigitalVision via Getty Images I was a former shareholder of travel software company Sabre Corporation (NASDAQ: SABR ). I purchased shares and call options early on during the pandemic when travel-related stocks plunged in the wake of the global travel shutdown. While SABR stock initially tried to bounce back, the company never really recovered operationally. I eventually exited my position at a loss. I downgraded shares initially to a hold rating and then subsequently to a sell rating last summer following its Q2 results as the company's downward trajectory continued. That bearishness seemed justified heading into 2026. SABR stock proceeded to new all-time lows in February. However, the stock has now doubled off the lows in just a matter of days, including a 36% jump on Monday: Data by YCharts The stock rallied on news that Canadian software conglomerate Constellation Software ( CSU:CA , CNSWF ) has taken a 9.7% stake in Sabre. So, is it time to follow the smart money and take a stake in SABR stock? I'm not doing so personally. Here's why I remain skeptical about Sabre's outlook. Constellation Takes A Stake This past weekend, Sabre disclosed that Constellation had acquired a 9.7% economic interest in Sabre. It bought this position between April and November of 2025, suggesting that Constellation likely has a cost basis of somewhere between $2 and $3 per Sabre share. Constellation bought a 4.7% position in SABR stock outright, along with an additional 5% holding via derivative instruments. For those unfamiliar, Constellation is a serial software acquirer that buys dozens of different, typically small- and mid-sized software companies every year. In the past, one of Constellation's subsidiary operating groups, Vela Software, has been active in the travel software space. So, Sabre could be seen as a natural (if far larger) acquisition in line with these prior moves into the travel segment. According to Sabre's press release, Constellation had requested two ...
The US Securities and Exchange Commission will end its lawsuit against crypto billionaire Justin Sun . The SEC sued Sun in 2023 , alleging he committed securities fraud and bilked investors by working with companies he owned and controled - the Tron Foundation , BitTorrent Foundation Ltd., and Rainberry Inc. — to sell unregistered securities. Sun didn’t immediately return a request for comment.
The US Securities and Exchange Commission will end its lawsuit against crypto billionaire Justin Sun . The SEC sued Sun in 2023 , alleging he committed securities fraud and bilked investors by working with companies he owned and controled - the Tron Foundation , BitTorrent Foundation Ltd., and Rainberry Inc. — to sell unregistered securities. Sun didn’t immediately return a request for comment.