Electrification is driving new opportunities for Sonepar worldwide, with strong growth across key sectors such as industrial automation, energy storage, grid and infrastructures modernization and rapidly expanding data centers. Electrification is driving new opportunities for Sonepar worldwide, with strong growth across key sectors such as industrial automation, energy storage, grid and infrastruc...
Electrification is driving new opportunities for Sonepar worldwide, with strong growth across key sectors such as industrial automation, energy storage, grid and infrastructures modernization and rapidly expanding data centers. Electrification is driving new opportunities for Sonepar worldwide, with strong growth across key sectors such as industrial automation, energy storage, grid and infrastructures modernization and rapidly expanding data centers.
(RTTNews) - Domino's Pizza (DPZ) has improved its Domino's Tracker tool to provide customers with a more detailed experience. It now features: a more precise ready time based on new AI technology; live Activities for iOS users; and a new look and feel with a more detailed view of
(RTTNews) - Domino's Pizza (DPZ) has improved its Domino's Tracker tool to provide customers with a more detailed experience. It now features: a more precise ready time based on new AI technology; live Activities for iOS users; and a new look and feel with a more detailed view of
Michael Nosek/iStock via Getty Images Vistra Corp. ( VST ) has had a messy year. A lot has changed: operations, rules, and how they spend money, all shifting around fast. The stock has dropped ~15.5% since the last “ Hold ” call at $179; now it’s down at $151.02. That’s a big slide from the late-2025 high of $219.82. Most of that is just the market cooling off after everyone got excited and pushed...
Michael Nosek/iStock via Getty Images Vistra Corp. ( VST ) has had a messy year. A lot has changed: operations, rules, and how they spend money, all shifting around fast. The stock has dropped ~15.5% since the last “ Hold ” call at $179; now it’s down at $151.02. That’s a big slide from the late-2025 high of $219.82. Most of that is just the market cooling off after everyone got excited and pushed the price up too quickly. Now, there’s a bit more clarity on what the company will actually earn in the long run and how much cash they’ll hand back to shareholders, but Wall Street hasn’t totally caught up to that yet. There was a recent short-term bounce following headlines about Nvidia and Emerald teaming up with power firms, but it doesn’t really settle whether Vistra is building real, lasting value or just caught up in hype. VST Earnings Growth Outlook The main reason people stay bullish on Vistra comes down to actual numbers. They’re set up for a real jump in earnings over the next few years, plus a bigger chunk of their cash flow will be predictable and locked in. By 2026, revenue estimates hit $22.7 billion and then $24.3 billion in 2027. Earnings per share should move from $8.63 up to $11.22 over that time. That’s partly because Vistra’s all over different markets, so they get some leverage, and also because they’ve completed deals like Energy Harbor and Lotus and announced the pending acquisition of Cogentrix, expected to close in 2026. The company said adjusted EBITDA for 2026 should land at levels meaningfully above the $5.9 billion achieved in 2025, and more than 60% of that should turn into adjusted free cash flow before growth. In 2025 specifically, Vistra generated approximately $5.9 billion of adjusted EBITDA and $3.6 billion of adjusted free cash flow before growth, a conversion rate of roughly 61%. What’s changed lately is that more of their earnings are tied down by contracts: almost half the 2026 EBITDA will come from retail and PPA deals. That’s a big...
Malaysia’s Eversendai Corporation Bhd. said its structural steel contract for Trojena Ski Village, an ambitious desert ski resort that’s part of Saudi Arabia’s planned megacity of Neom, has been terminated amid escalating tensions in the region. “We believe this has happened due to the current geopolitical situation in the Middle East,” Eversendai said in a stock exchange filing in Kuala Lumpur on...
Malaysia’s Eversendai Corporation Bhd. said its structural steel contract for Trojena Ski Village, an ambitious desert ski resort that’s part of Saudi Arabia’s planned megacity of Neom, has been terminated amid escalating tensions in the region. “We believe this has happened due to the current geopolitical situation in the Middle East,” Eversendai said in a stock exchange filing in Kuala Lumpur on Tuesday. The firm said it had “fully committed and delivered the project as per the contractual obligations with no compromise to safety and quality.” The termination of the project, which takes effect on March 26, comes as fighting between the US-Israeli alliance and Iran raged unabated and threatens to draw Saudi Arabia into the conflict. Envisioned as a sprawling ski resort in the Middle Eastern desert, Trojena was to feature slopes atop luxury hotel roofs and a crystal skyscraper rivaling the Eiffel Tower. Estimated by business intelligence platform MEED to be a $19 billion undertaking and slated for completion in 2026, the project was set to host the 2029 Asian Winter Games but ran into construction challenges. Read more: MBS’s $100 Billion Quest Shored Up by Mecca Boom as Neom Slows Eversendai in 2024 said the contract, which was in collaboration with Saudi-based Al Bawani Co. , involved a wide range of duties, including material procurement, fabrication and the installation of structural steel for Trojena. The Malaysian firm is now preparing the necessary documents to substantiate the work that was completed, and will submit commercial claims, including compensation for the termination and demobilization costs. “We strongly believe that our fully substantiated claims shall be fairly compensated by the client,” it said. The firm, which has seven steel fabrication facilities spanning from Southeast Asia to the Gulf and India, added that its operations in the Middle East remains stable despite the current geopolitical situation, and that it’s close to concluding new pr...
Pre-Market Stock Futures: After a volatile start to the week, futures are trading flat on Tuesday. Markets had plummeted early Monday before the opening bell, only to stage a massive turnaround following news of a potential diplomatic breakthrough. The rally was ignited by President Trump’s announcement of significant progress in negotiations with Iran, alongside a ... Here Are Tuesday’s Top Wall ...
Pre-Market Stock Futures: After a volatile start to the week, futures are trading flat on Tuesday. Markets had plummeted early Monday before the opening bell, only to stage a massive turnaround following news of a potential diplomatic breakthrough. The rally was ignited by President Trump’s announcement of significant progress in negotiations with Iran, alongside a ... Here Are Tuesday’s Top Wall Street Analyst Research Calls: Alaska Airlines, ConocoPhillips, Commvault Systems, CoreWeave, Diamon
JHVEPhoto Jefferies Financial Group ( JEF ) stock jumped 9.3% in Tuesday premarket trading after a media report said that Sumitomo Mitsui Financial Group ( SMFG ) is preparing for a potential takeover of the U.S. bank that it already holds a minority stake in. With Jefferies ( JEF ) stock down 41% in the past six months, SMFG has instructed a small team to be ready to act if the declining stock pr...
JHVEPhoto Jefferies Financial Group ( JEF ) stock jumped 9.3% in Tuesday premarket trading after a media report said that Sumitomo Mitsui Financial Group ( SMFG ) is preparing for a potential takeover of the U.S. bank that it already holds a minority stake in. With Jefferies ( JEF ) stock down 41% in the past six months, SMFG has instructed a small team to be ready to act if the declining stock price presents an opportunity, the Financial Times reported, citing people familiar with the matter. The deal would face significant obstacles, though, including cultural differences and regulatory challenges. SMFG isn't expected to make an overture soon, and it's uncertain whether Jefferies executives would go along with the plan. Gaining control of the U.S. bank is part of SMFG's plan to become one of the world's top investment banks, senior figures told the FT . The Japanese bank has built its stake in Jefferies over the past five years after taking a 5% stake in JEF in 2021. In September 2025, it agreed to boost its ownership to 20%. Yet, SMFG's ( SMFG ) voting interest is less than 5%, staying under a key regulatory threshold. Jefferies ( JEF ) stock has suffered since September as the company has faced losses from failed auto-parts group First Brands and broader questions about its underwriting standards. Some SMFG executives believe that senior Jefferies ( JEF ) bankers and large shareholders may eventually seek an exit, with SMFG being the most likely buyer. The Japanese bank is willing to hold off on the deal if market conditions or Jefferies management don't allow a full takeover, the people told FT . More on Jefferies, Sumitomo Mitsui Financial Jefferies: Credit Concerns Overshadow Discounted Valuation Sumitomo Mitsui: Still A 'Buy' Considering Semiconductor Opportunities Jefferies Financial Continues To Be A Bullish Case, Ahead Of Upcoming Earnings Call Private credit anxiety weighs on private equity, asset manager stocks Jefferies downgraded to Equalweight at Mor...
Check out the companies making headlines before the bell: Netgear — The San Jose, Calif.-based maker of WiFi routers and network switches surged 11% after the Federal Communications Commission (FCC) banned all imports of consumer routers made abroad, saying they pose national security risks. Jefferies Financial Group — Shares of the investment bank rallied nearly 7% after The Financial Times, citi...
Check out the companies making headlines before the bell: Netgear — The San Jose, Calif.-based maker of WiFi routers and network switches surged 11% after the Federal Communications Commission (FCC) banned all imports of consumer routers made abroad, saying they pose national security risks. Jefferies Financial Group — Shares of the investment bank rallied nearly 7% after The Financial Times, citing people familiar, reported that Japan's second-largest lender, Sumitomo Mitsui Financial Group, is planning a possible takeover of Jefferies. Apollo Global Management — The asset management giant fell 2% after it was revealed the company will limit withdrawals from its flagship private credit fund to less than half of requests. In a filing with the Securities and Exchange Commission, Apollo said it had redemption requests that totaled to 11.2% of shares outstanding in the first quarter, exceeding the 5% cap per quarter the fund allows. Smithfield Foods — The packaged meats stock jumped 5.6% on better-than-expected results for the fourth quarter. Earnings from continuing operations came in at 83 cents on an adjusted bases, while revenue totaled $4.23 billion Analysts polled by FactSet expected a profit of 68 cents per share on revenue of $4.14 billion Earnings guidance also exceeded estimates, and the company increased its quarterly dividend by 25% to 31 cents per share. FS KKR Capital — Shares fell 2% after Moody's downgraded the business development company's bond rating to junk, saying its asset quality challenges has resulted in weaker profitability. The ratings agency lowered it to Ba1 from Baa3. CoreWeave — The AI cloud computing provider saw shares rising more than 2% in premarket after Bank of America reinstated coverage and upgraded the stock to buy from hold. The Wall Street firm said CoreWeave is well positioned to capture share of the AI infrastructure given the sustained demand for AI compute and its proprietary software optimized for AI workloads. Ralph Laure...
Scheme expanded to four schools with known or suspected cases, as UKHSA figures show number has fallen to 23 The meningitis B vaccination programme will be expanded to include year 11 pupils at schools affected by the outbreak in Kent, health officials have said. Figures from the UK Health Security Agency (UKHSA) show the number of cases of the illness have fallen. Continue reading...
Scheme expanded to four schools with known or suspected cases, as UKHSA figures show number has fallen to 23 The meningitis B vaccination programme will be expanded to include year 11 pupils at schools affected by the outbreak in Kent, health officials have said. Figures from the UK Health Security Agency (UKHSA) show the number of cases of the illness have fallen. Continue reading...
(RTTNews) - Origin Agritech Ltd. (SEED), a Chinese agricultural technology company, announced Tuesday the appointment of Jian Zhang as an independent member of its Board of Directors. The company also announced the reappointment of Zheng James Chen as Chief Financial Officer. Bot
(RTTNews) - Origin Agritech Ltd. (SEED), a Chinese agricultural technology company, announced Tuesday the appointment of Jian Zhang as an independent member of its Board of Directors. The company also announced the reappointment of Zheng James Chen as Chief Financial Officer. Bot