At the longtime civil rights activist’s memorial celebration on Friday, the Rev Jesse Jackson was remembered as a “champion” for the “poor and the dispossessed” – as well as “one of the most effective community and political organizers of our time”. Such tributes came from past Democratic US presidents Barack Obama, Bill Clinton and Joe Biden, along with former vice-president Kamala Harris, who re...
At the longtime civil rights activist’s memorial celebration on Friday, the Rev Jesse Jackson was remembered as a “champion” for the “poor and the dispossessed” – as well as “one of the most effective community and political organizers of our time”. Such tributes came from past Democratic US presidents Barack Obama, Bill Clinton and Joe Biden, along with former vice-president Kamala Harris, who received cheers and applause while they joined thousands of others in a Chicago church for a celebration of life for Jackson. Outside the church on Chicago’s South Side, crowds formed long lines as TV screens showed highlights from some of the best-known speeches delivered by Jackson, who spent more than half a century in public life and mounted a strong campaign for the Democratic presidential nomination in 1988. Vendors on site offered hoodies with his slogan “I am somebody.” Obama was met with a standing ovation upon taking the stage to eulogize Jackson, whom he compared to the prophet Isaiah in his remarks. Jackson, Obama remarked, was “a man who, when the poor and the dispossessed needed a champion and the country needed healing, stepped forward again and again and again and said: ‘send me’”. Obama added that Jackson’s first presidential campaign inspired him and drew him to Chicago, the city both men called home. “In his ideas and his platform, in his analysis, in his intelligence, in his insight, Jesse hadn’t just held his own,” Obama said. “He had owned that stage.” View image in fullscreen Barack Obama speaks during funeral service for Jesse Jackson at the House of Hope in Chicago, Illinois, on Friday. Photograph: Victor Hilitski/EPA Two decades after Jackson’s second presidential campaign, Obama became the first Black US president. He credited Jackson with helping make that milestone achievable. Jackson “wasn’t an intruder – he wasn’t a pretender”, Obama said. “He belonged on that stage. And the message he sent, to a 22-year-old child of a single mother with a funny...
Investors over the past year have learned that Donald Trump has a boundless capacity to quickly reverse course in the face of acute political or market pressures. But a week since the United States and Israel launched missile strikes on Iran, there are fears the war could morph into a protracted conflict. In purely economic terms, the war has brought about what has long been considered a worst-cas...
Investors over the past year have learned that Donald Trump has a boundless capacity to quickly reverse course in the face of acute political or market pressures. But a week since the United States and Israel launched missile strikes on Iran, there are fears the war could morph into a protracted conflict. In purely economic terms, the war has brought about what has long been considered a worst-case scenario from a conflict in the Middle East: the closure of the strait of Hormuz, through which travels a fifth of the world’s oil and gas supplies. Since the start of the hostilities, the global benchmark oil price has jumped by 17% to more than US$85 a barrel, triggering shock waves through financial markets. The Australian sharemarket has been relatively shielded from the worst of the fallout, but still suffered a steep 3.8% loss for the week. Sign up: AU Breaking News email Asian markets, many based in countries heavily reliant on imported energy, were battered. In South Korea, the stock market collapsed by 13% in a single session to record its worst day in history. But on Wall Street, the S&P 500 index had lost less than 1% leading into its final session on Friday night. Just another shock As the Trump administration on Friday mulled using America’s strategic oil reserve to take some of the pressure off prices, Shane Oliver, the chief economist at AMP, said he was worried that “markets are a little bit complacent”. “The mildness of the response has surprised me,” Oliver said. “And that partly reflects the experience of the past year or so with Trump, where there have been numerous shocks – especially around American tariff announcements – and then we get some sort of backdown. “Markets are assuming there will be some sort of backdown and this won’t be a long, drawn-out war.” The essential challenge for investors is that it’s not clear why Trump decided to launch the war, and therefore what it will take to end it. That has left markets in a holding pattern: priced for...
Key Points Kettle Hill sold 777,476 LKQ shares, with the estimated transaction value at $23.45 million (based on quarterly average price). The fund's LKQ position value declined by $23.88 million over the quarter, reflecting both share sales and stock price changes. Post-sale, Kettle Hill reported holding 385,879 LKQ shares worth $11.65 million as of Dec. 31, 2025. The LKQ stake now accounts for 2...
Key Points Kettle Hill sold 777,476 LKQ shares, with the estimated transaction value at $23.45 million (based on quarterly average price). The fund's LKQ position value declined by $23.88 million over the quarter, reflecting both share sales and stock price changes. Post-sale, Kettle Hill reported holding 385,879 LKQ shares worth $11.65 million as of Dec. 31, 2025. The LKQ stake now accounts for 2.6% of fund AUM, placing it outside the fund's top five holdings. 10 stocks we like better than LKQ › What happened According to an SEC filing dated Feb. 17, 2026, Kettle Hill Capital Management reduced its position in LKQ (NASDAQ:LKQ) by 777,476 shares during the fourth quarter. The estimated transaction value for these sales was $23.45 million, calculated using the period's average share price. At quarter-end, the LKQ holding's value was $11.65 million, down $23.88 million from the prior quarter due to both trading and price movement. What else to know Kettle Hill's sale brought LKQ to 2.6% of 13F assets under management as of Dec. 31, 2025. Top five holdings after the filing: Elastic NV : $29.69 million (6.6% of AUM) Unity Software : $29.06 million (6.5% of AUM) RH : $28.87 million (6.4% of AUM) Penn Entertainment : $26.16 million (5.8% of AUM) Wynn Resorts : $25.89 million (5.8% of AUM) As of Feb. 17, 2026, LKQ shares were priced at $32.51, down 16.8% over the past year and trailing the S&P 500 by 28.8 percentage points. by 28.8 percentage points. The LKQ position was previously 8% of Kettle Hill's AUM as of the prior quarter. Company overview Metric Value Revenue (TTM) $13.65 billion Net income (TTM) $596 million Dividend yield 3.81% Price (as of market close 2/17/26) $32.51 Company snapshot Distributes automotive replacement parts, components, and systems including body panels, mechanical parts, glass, and specialty products for vehicles. Operates a diversified distribution model across North America and Europe, generating revenue through the sale of new and recycled ...
Major earnings expected before the bell on Friday include: Algonquin Power & Utilities Corp. ( AQN ) NewLake Capital Partners ( NLCP ) Embraer S.A. ( EMBJ ) Tsakos Energy Navigation Limited ( TEN ) Imperial Petroleum ( IMPP ) Other earnings slated for release before Thursday's open include: ATGFF , EVEX , GCO , MEI For Seeking Alpha's full earnings season calendar, click here .
Major earnings expected before the bell on Friday include: Algonquin Power & Utilities Corp. ( AQN ) NewLake Capital Partners ( NLCP ) Embraer S.A. ( EMBJ ) Tsakos Energy Navigation Limited ( TEN ) Imperial Petroleum ( IMPP ) Other earnings slated for release before Thursday's open include: ATGFF , EVEX , GCO , MEI For Seeking Alpha's full earnings season calendar, click here .
"We Have An Emergency": Newsom's Climate Obsession Could Wreak Havoc California's Oil Industry The oil-and-gas industry is sounding the alarm over a tightening of California's cap-and-invest program , warning that stricter emissions caps could drive up gasoline prices and jeopardize the viability of in-state refining. The California Air Resources Board is advancing amendments to the cap-and-invest...
"We Have An Emergency": Newsom's Climate Obsession Could Wreak Havoc California's Oil Industry The oil-and-gas industry is sounding the alarm over a tightening of California's cap-and-invest program , warning that stricter emissions caps could drive up gasoline prices and jeopardize the viability of in-state refining. The California Air Resources Board is advancing amendments to the cap-and-invest framework , a market-based mechanism requiring major emitters to purchase allowances for greenhouse-gas emissions, that would significantly reduce the supply of available credits and accelerate reduction targets through 2030, according to the New York Post . The program, extended through 2045 last year, generates revenue through quarterly auctions that has helped fund state priorities, including the beleaguered high-speed rail initiative. Andy Walz, president of Chevron's downstream, midstream and chemicals division, told KCRA in an interview this week that the forthcoming board vote on the changes could impose billions in additional costs on fuel producers. “ If they add this burden … it’s not whether refineries will close, it’s when ,” the executive said. Walz pointed to heightened geopolitical risks, including the spiraling U.S.-Iran war, as a reason to pump the brakes on reductions in domestic production capacity. “ That makes no sense when you look at global tensions right now ,” Walz said. Walz described the situation as an “emergency” for the state and highlighted potential national-security implications, noting California hosts 32 U.S. military bases that depend on reliable local fuel supply. “It’s important to national security to have the fuel those facilities need,” he said. “This isn’t just a California issue.” A study by Capitol Matrix Consulting estimates the proposal could saddle California refineries with $5.5 billion to $9 billion in added costs over the next decade , a burden that could erase much or all of their projected earnings in some cases. Projecti...
Plus: Apple’s new iPhone and MacBook, a suicide linked to Google’s Gemini, Claude’s Firefox hack, the navigational tech aiming to replace GPS, and more.
Plus: Apple’s new iPhone and MacBook, a suicide linked to Google’s Gemini, Claude’s Firefox hack, the navigational tech aiming to replace GPS, and more.
TGI Solar Power ( TSPG ) said on Friday it signed a Letter of Intent to acquire XGC Corp for $1.8M. The proposed transaction will be executed through a new Wyoming subsidiary of the company focused on deploying national carbon registry infrastructure under the Paris Agreement Article 6.4 mechanism. The company said the proposed acquisition will enable it to offer sovereign carbon registry infrastr...
TGI Solar Power ( TSPG ) said on Friday it signed a Letter of Intent to acquire XGC Corp for $1.8M. The proposed transaction will be executed through a new Wyoming subsidiary of the company focused on deploying national carbon registry infrastructure under the Paris Agreement Article 6.4 mechanism. The company said the proposed acquisition will enable it to offer sovereign carbon registry infrastructure to governments. The platform is expected to generate recurring SaaS revenue through registry licensing and carbon credit transaction fees. XGC’s technology integrates GeoAI-based carbon verification, blockchain settlement, and enterprise governance tools for national carbon markets. The companies aim to deploy national carbon registry platforms across Africa, Central Asia, and Latin America following due diligence. XGC is pursuing international patent protection for its integrated sovereign carbon registry architecture. Under the proposed deal, XGC CEO Daniel Brody is expected to take a leadership role in the new subsidiary and join the board after closing. Shares +20.83%. More on TGI Solar Power Group Inc. Seeking Alpha’s Quant Rating on TGI Solar Power Group Inc. Financial information for TGI Solar Power Group Inc.
The Good Brigade/DigitalVision via Getty Images March 5th was really interesting day for shareholders of both UniFirst Corporation ( UNF ) and Cintas Corporation ( CTAS ). Shares of the former closed up 13.6% after news broke that Cintas is nearing a purchase of the company. If this is giving you a sense of déjà vu, that is understandable. After all, this is not the first time that rumors have cir...
The Good Brigade/DigitalVision via Getty Images March 5th was really interesting day for shareholders of both UniFirst Corporation ( UNF ) and Cintas Corporation ( CTAS ). Shares of the former closed up 13.6% after news broke that Cintas is nearing a purchase of the company. If this is giving you a sense of déjà vu, that is understandable. After all, this is not the first time that rumors have circulated about a potential transaction. As recently as December of last year, Cintas was attempting to purchase UniFirst. In fact, I have covered this topic ad nauseam over the last couple of years now. Unfortunately, any price that has been offered up by Cintas has been soundly rejected by UniFirst. But at some point in time, I suspect that a transaction will eventually be agreed upon. In my last article covering this topic, published in late December of last year, I said that while a transaction under the terms proposed then was unlikely, investors should not give up on UniFirst as an investment prospect. In addition to the potential catalyst of a buyout, which could be done at a rather substantial premium to where the company's share price has traded at, the fact of the matter is that while Cintas looks overpriced to the point that I have called it a Sell candidate in the recent past, UniFirst looks deeply undervalued. And honestly, even though I am not sure about any potential transaction occurring here, I do believe that the picture is strong enough from a fundamental standpoint to justify a Buy rating for UniFirst. Cintas is serious On March 5th, rumors began circulating that Cintas is getting close to a deal to acquire UniFirst. According to those rumors, a transaction could be announced as early as next week. And it would be in excess of $275 per share. To understand where that puts us, however, we should dig a bit deeper into the past regarding these two companies. From what I can tell, the first time that Cintas became serious about acquiring UniFirst was back in 2...