BASF SE press release ( BASFY ): FY Non-GAAP EPS of €2.24. Revenue of €59.66B (-2.9% Y/Y). More on BASF SE BASF SE (BASFY) Q4 2025 Press Conference Call Transcript BASF SE 2025 Q4 - Results - Earnings Call Presentation I'm Comfortable Buying BASF Shares Here BASF says new year off to 'challenging' start, more cost cuts needed BASF slips after full-year earnings fall, miss guidance
BASF SE press release ( BASFY ): FY Non-GAAP EPS of €2.24. Revenue of €59.66B (-2.9% Y/Y). More on BASF SE BASF SE (BASFY) Q4 2025 Press Conference Call Transcript BASF SE 2025 Q4 - Results - Earnings Call Presentation I'm Comfortable Buying BASF Shares Here BASF says new year off to 'challenging' start, more cost cuts needed BASF slips after full-year earnings fall, miss guidance
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
carstenbrandt/iStock Unreleased via Getty Images Unisys Corporation ( UIS ), which keeps large institutions' core systems running while helping to manage and modernize their IT environments, is down by nearly -60% in price since my last analysis of the company. I have never owned UIS stock but view it now as a pre-inflection value trade. The company's Q4 earnings showed light in a dark tunnel of l...
carstenbrandt/iStock Unreleased via Getty Images Unisys Corporation ( UIS ), which keeps large institutions' core systems running while helping to manage and modernize their IT environments, is down by nearly -60% in price since my last analysis of the company. I have never owned UIS stock but view it now as a pre-inflection value trade. The company's Q4 earnings showed light in a dark tunnel of losses, jumping +15% on the results. The forward PEG non-GAAP ratio is -83.5% below the sector median, with FY27 likely acting as an inflection catalyst. Unisys Consensus EPS Estimates (Seeking Alpha) That said, the investment remains high-risk as a microcap. It is, therefore, understandable that its deep undervaluation persists without momentum catalysts, like durable earnings growth. The volatility removes the appeal for long-term investors, potentially sparking marginal value rallies while consolidation and incremental downtrending remain the norm. These are the primary concerns I have and are the reason I initiated a short-term, 12-month trade, with an exit target of $4 per share, rather than a long-term investment. Q4 Earnings Facts Firstly, let's get a lay of the land with the objective data so that we can then analyze it without bias and according to our only logical objective: positive returns, and ideally alpha. Q4 showed operating leverage with revenue up by 5% year-over-year, with a non-GAAP operating margin at 18% versus 11.6% year-over-year. License and Support revenue, which is the primary high-margin engine, surged by 23% year-over-year. The Enterprise Computing Solutions segment also delivered a gross margin increase of 270 basis points, to 65.9%. Q4 total contract volume was up by 53% year-over-year, and backlog reached $3.15B versus $2.84B year-over-year, supporting a near-term revenue floor and de-risking the investment somewhat, even if growth is soft. Labor savings also caused the Cloud, Applications, & Infrastructure Solutions segment's gross margin to ...
Ofcom says it could now apply to courts to issue fines and demand internet service providers to block access to site A suicide forum linked to multiple deaths in Britain has been ruled in breach of the Online Safety Act after it failed to properly block access to UK users when ordered to do so last year. Ofcom, the online regulator, said it could now apply to the courts to issue fines and demand i...
Ofcom says it could now apply to courts to issue fines and demand internet service providers to block access to site A suicide forum linked to multiple deaths in Britain has been ruled in breach of the Online Safety Act after it failed to properly block access to UK users when ordered to do so last year. Ofcom, the online regulator, said it could now apply to the courts to issue fines and demand internet service providers block access to the site in the UK. This will depend on how the site responds over the next 10 days. Continue reading...
Amazon’s Fire TV Stick 4K Plus is on sale for $29.99, which is $5 shy of its best price. | Image: Amazon When Amazon first showed off its redesigned Fire TV OS at CES, we were impressed. It’s faster, better organized, and feels similar to Google’s top-notch TV interface. The update is now finally rolling out to the Amazon Fire TV Stick 4K Plus , making it an even better buy now that it’s on sale f...
Amazon’s Fire TV Stick 4K Plus is on sale for $29.99, which is $5 shy of its best price. | Image: Amazon When Amazon first showed off its redesigned Fire TV OS at CES, we were impressed. It’s faster, better organized, and feels similar to Google’s top-notch TV interface. The update is now finally rolling out to the Amazon Fire TV Stick 4K Plus , making it an even better buy now that it’s on sale for $29.99 ($20 off) at Amazon , Best Buy , and Target — $5 shy of its best price to date. If you want something cheaper and don’t mind waiting for the update to arrive, the Amazon Fire TV Stick 4K Select is also on sale at Amazon , Best Buy , and Target , for $19.99 ($20 off), which is $2 more than its all-time low price. Amazon Fire TV Stick 4K Plus Where to Buy: $49.99 $29.99 at Target $49.99 $29.99 at Amazon $49.99 $29.99 at Best Buy The new Fire TV OS update makes navigating content even easier, adding tabs across the top for search, home, movies, TV shows, sports, news, and live content that pull recommendations from all of your subscriptions. Your apps now live on their own row, and you can pin up to 20 favorites instead of just six. You also get support for Alexa Plus, letting you search for specific types of content with your voice, jump to particular scenes, control compatible smart home devices, check sports scores, and more. The update also improves the remote, with a long press of the Home button opening a panel so you can quickly adjust audio or check on devices like Ring cameras. The Fire TV Stick 4K Plus is also a good streaming device on the hardware front. The middle child in the Fire TV stick lineup, it offers half the storage of the $40 Fire TV Stick 4K , but otherwise shares support for HDR10 Plus, Dolby Vision, and Dolby Atmos. You also get an Alexa Voice Remote included, for quick access to apps and voice controls. For most people, it offers a good balance between features and price. Amazon Fire TV Stick 4K Select Where to Buy: $39.99 $19.99 at Amazon ...
We added a new Bullpen name during Friday's Monthly Meeting, and it has minimal economic sensitivity and faces little to no artificial intelligence disruption risk. It's Cardinal Health , a company that is the backbone of the U.S. health-care industry. The Bullpen is our watchlist of stocks that we want to consider buying for Jim Cramer's Charitable Trust, the portfolio of 30-something names manag...
We added a new Bullpen name during Friday's Monthly Meeting, and it has minimal economic sensitivity and faces little to no artificial intelligence disruption risk. It's Cardinal Health , a company that is the backbone of the U.S. health-care industry. The Bullpen is our watchlist of stocks that we want to consider buying for Jim Cramer's Charitable Trust, the portfolio of 30-something names managed by the CNBC Investing Club. Cardinal Health plays a major role in the health-care supply chain by supplying and distributing medicines and medical products to hospitals, retail pharmacies, and clinics. It buys prescription drugs from manufacturers and distributes them to hospitals, retail pharmacies, and clinics. It manufactures and distributes items such as surgical products, examination gloves, and other medical products and supplies. It provides health-care services and solutions, including inventory management and supply chain support. Cardinal Health operates in an industry that is effectively an oligopoly dominated by three players — the other two are McKesson and Cencora . A significant long-term tailwind for Cardinal Health is the aging U.S. population. Over the past 30 years, there has been a consistent increase in the number of Americans over the age of 65. As Cardinal Health likes to point out, when you are over the age of 65, you have a more than 50% chance of taking four or more pharmaceutical products. If you are over 65, there's a five times factor versus under 50. Cardinal believes there will be more Americans over age 65 every year for the next three-plus decades. That's a significant long-term tailwind to its business that won't change with what's happening to the broader economy. It's an incredibly economically resistant stock. Is there an AI threat here? That's the question we have to ask ourselves every time we buy or consider buying something. Shares of Cardinal Health sold off hard on Feb. 12 alongside the logistics and transportation stocks after ...
Taylor Lindman, former executive at blockchain platform Chainlink (CRYPTO: LINK), began his role as Chief Counsel for the SEC’s Crypto Task Force on Monday. ‘Great Things’ To Come, Says Crypto Task Force Head Hester Peirce, SEC Commissioner and head of...
Taylor Lindman, former executive at blockchain platform Chainlink (CRYPTO: LINK), began his role as Chief Counsel for the SEC’s Crypto Task Force on Monday. ‘Great Things’ To Come, Says Crypto Task Force Head Hester Peirce, SEC Commissioner and head of...
⚽ Premier League updates from the 8pm GMT kick-off ⚽ Live scores | Table | Read Football Daily | Mail Tom Aston Villa fans are nervous about this one. Wolves have not lost at home against their Midlands rivals since 2020 and generally have a decent record in this fixture when it’s played at Molineux. After a slump in form Unai Emery’s side are no longer looking up the table and instead have a resu...
⚽ Premier League updates from the 8pm GMT kick-off ⚽ Live scores | Table | Read Football Daily | Mail Tom Aston Villa fans are nervous about this one. Wolves have not lost at home against their Midlands rivals since 2020 and generally have a decent record in this fixture when it’s played at Molineux. After a slump in form Unai Emery’s side are no longer looking up the table and instead have a resurgent Manchester United breathing uncomfortably down their neck like an unwanted admirer on a sweaty dancefloor. With others in the hunt for Europe starting to appear in Villa’s rearview mirror, it is a bad time for the goals to have dried up, but that they have. Four goals in their last five games have been enough to earn one two draws, two defeats and one win. Out of the FA Cup and handed a testing tie against Lille in the Europa League, the next month is going to be crucial in determining the outcome of Villa’s season. In theory this is exactly the kind of fixture they would want right now, a struggling opponent with one of the league’s worst defences, but Wolves will be up for this. Continue reading...
Mustapha GUNNOUNI/iStock via Getty Images High dividend yield and growth don’t always come hand in hand. That’s because higher yields tend to be associated with low-growth companies, while low yields are typically associated with higher growth. That’s why it’s ideal when it comes to companies that are demonstrating the best of both worlds. Such I find the case with Hess Midstream ( HESM ), which h...
Mustapha GUNNOUNI/iStock via Getty Images High dividend yield and growth don’t always come hand in hand. That’s because higher yields tend to be associated with low-growth companies, while low yields are typically associated with higher growth. That’s why it’s ideal when it comes to companies that are demonstrating the best of both worlds. Such I find the case with Hess Midstream ( HESM ), which has a solid growth profile that pairs well with its high distribution yield. At the current price of $38.61, HESM remains well below its 52-week high of $44.14 and carries an 8% distribution yield, as shown below. HESM Stock 1-Yr Trend (Seeking Alpha) In this article, I cover HESM, including recent business results , and discuss why this high-yielding midstream is a "Buy" for potentially strong total returns from here, so let’s get started! Why HESM? Hess Midstream LP issues a Schedule K-1 and operates an integrated set of infrastructure assets that serve Chevron ( CVX ) and other parties. It operates in the crude oil and natural gas producing region in North Dakota, including the Williston Basin’s Bakken and Three Forks shale plays. HESM’s expansive system includes crude oil, natural gas, and produced water gathering pipelines, processing facilities, and storage terminals. HESM’s cash flows are largely fee-based with long-term contracts. Plus, 80% of its contractual value had minimum volume commitments in 2025. The MVCs are set on a 3-year rolling basis, with the current term ending in 2027. This provides it with a predictable set of cash flows with downside protection at the same time. As shown below, HESM has a solid track record of growth over the past 10 years, both in production and adjusted EBITDA, despite no growth in rig count. Investor Presentation HESM saw steady results during Q4 2025. Volume was flat YoY due to severe weather weighing on natural gas processing throughput. Gas processing, crude terminal, and water gathering were all modestly down from third-quart...
Earnings Call Insights: TTEC Holdings, Inc. (TTEC) Q4 2025 Management View Kenneth Tuchman, Founder, Chairman & CEO, stated that "2025 was a pivotal year for TTEC, one in which we met our financial commitments, improved our balance sheet and fortified our position as the leader in AI-enabled CX." He highlighted full-year revenue of $2.136 billion, exceeding the high end of guidance, with adjusted ...
Earnings Call Insights: TTEC Holdings, Inc. (TTEC) Q4 2025 Management View Kenneth Tuchman, Founder, Chairman & CEO, stated that "2025 was a pivotal year for TTEC, one in which we met our financial commitments, improved our balance sheet and fortified our position as the leader in AI-enabled CX." He highlighted full-year revenue of $2.136 billion, exceeding the high end of guidance, with adjusted EBITDA of $214 million and cash flow generation of $83 million, which allowed for a $70 million reduction in credit facility borrowings. Tuchman emphasized "onetime goodwill noncash impairment on a portion of our TTEC Digital segment in the fourth quarter" due to a decline in market capitalization. He stressed this was a noncash expense with "no impact on our broader ability to execute our strategy or the value of our CX technology solutions." New business launches in both Engage and Digital segments increased year-over-year, and the company attracted numerous new clients with its "AI forward and vertical solutions approach." Tuchman announced key leadership appointments: Alfredo Rizzo as Chief Technology Officer and Ramki Desiraju as Chief Operating Officer at TTEC Digital, expected to accelerate the strategic road map. Tuchman explained ongoing investments in AI-enabled solutions and projected "near 100% AI adoption with our current clients by the end of this year." Kenneth Wagers, Chief Financial Officer, reported, "On a consolidated basis for fourth quarter 2025 compared to the prior year period, revenue was $570 million, a slight increase over the prior year period of $567 million. Adjusted EBITDA was $62 million or 10.9% of revenue compared to $51 million or 9%. Operating income was $48 million or 8.4% of revenue compared to $35 million or 6.2%, and earnings per share was $0.47 compared to $0.19." Outlook Wagers provided 2026 guidance, stating "GAAP revenue of $2.03 billion, a decrease over the prior year of 5%, adjusted EBITDA of $230 million, an increase of 7.6% ove...
Earnings Call Insights: National Health Investors, Inc. (NHI) Q4 2025 Management View Eric Mendelson, President and CEO, stated that "we completed the year with a solid fourth quarter that generated normalized FFO per share growth of 8.9% compared to last year." He highlighted the SHOP platform as central to the investment thesis, noting total NOI rose 125% year-over-year and 48% sequentially. Men...
Earnings Call Insights: National Health Investors, Inc. (NHI) Q4 2025 Management View Eric Mendelson, President and CEO, stated that "we completed the year with a solid fourth quarter that generated normalized FFO per share growth of 8.9% compared to last year." He highlighted the SHOP platform as central to the investment thesis, noting total NOI rose 125% year-over-year and 48% sequentially. Mendelson reported cash rental income from the triple net portfolio increased by approximately 7% due to acquisitions, while interest income declined 19% from loan payoffs. The company delivered full-year normalized FFO per share growth of 10.6% and FAD growth of 13.7%, exceeding the midpoint of initial 2025 guidance by 6% and 5%, respectively. Investments announced for 2025 totaled $392 million, the most active year since 2016, including $218 million in Q4. Mendelson said, "we've already closed on one deal this year for $105.5 million, our largest SHOP acquisition to date, and we have an active pipeline of over $488 million with an additional $111 million under signed letters of intent." NHI added Lilly Donohue, former CEO of Holiday Retirement, to its Board of Directors, citing her "extensive and diverse set of skills" and experience in senior living operations. John Spaid, CFO, stated, "for the quarter ended December 31, 2025, our net income per share was $0.80, a decrease of 15.8% from the prior year." He also noted, "our normalized FFO results per share for the fourth quarter and full year increased 8.9% and 10.6% to $1.22 and $4.91 per share, respectively, compared to the prior year periods." Outlook NHI's 2026 guidance includes normalized FFO per share growth of 1.2% at the midpoint. Management stated, "when adjusting for these items, we estimate that our normalized growth rate is in the 5% to 6% range, the midpoint of our 2026 NFFO per share guidance implies a 2-year CAGR of approximately 6%." The company expects 70% of 2026 investment activity will be allocated to SHO...