When a company announces a stock split, it doesn't change any of the underlying fundamentals of the business. However, it can signal that management is confident in the continued growth of its stock price. More often than not, management is right. Since 2010, stocks returned an average of 18.3% in the 12 months following a split announcement versus an average of just 13.3% for the S&P 500 in that ...
When a company announces a stock split, it doesn't change any of the underlying fundamentals of the business. However, it can signal that management is confident in the continued growth of its stock price. More often than not, management is right. Since 2010, stocks returned an average of 18.3% in the 12 months following a split announcement versus an average of just 13.3% for the S&P 500 in that period, according to data from Bank of America , Bloomberg, and Global Financial Data. One company has seen the opposite happen since announcing its plan to split its shares earlier this month. Booking Holdings (NASDAQ: BKNG) shares are down more than 5% since its 25-to-1 stock split announcement on Feb. 18. Here's what's weighing down the share price and why it may be an unbelievable opportunity for investors right now. Continue reading
Acciona, S.A. press release ( ACXIF ): FY Revenue of € 20.23M. Total EBITDA above guidance: ACCIONA’s consolidated EBITDA in 2025 totalled €3,211M More on Acciona, S.A. Seeking Alpha’s Quant Rating on Acciona, S.A. Historical earnings data for Acciona, S.A. Dividend scorecard for Acciona, S.A. Financial information for Acciona, S.A.
Acciona, S.A. press release ( ACXIF ): FY Revenue of € 20.23M. Total EBITDA above guidance: ACCIONA’s consolidated EBITDA in 2025 totalled €3,211M More on Acciona, S.A. Seeking Alpha’s Quant Rating on Acciona, S.A. Historical earnings data for Acciona, S.A. Dividend scorecard for Acciona, S.A. Financial information for Acciona, S.A.
David Dudding and Alan Burkitt-Gray bowl up some cricket grounds within Unesco world heritage sites Alex Preston, in his travel feature on Corfu ( 21 February ), writes about playing with the Lord’s Taverners on “the only cricket pitch in the world I know that’s set within a Unesco world heritage site”. Wonderful though the cricket ground in Corfu undoubtedly is, I am surprised that Preston’s fell...
David Dudding and Alan Burkitt-Gray bowl up some cricket grounds within Unesco world heritage sites Alex Preston, in his travel feature on Corfu ( 21 February ), writes about playing with the Lord’s Taverners on “the only cricket pitch in the world I know that’s set within a Unesco world heritage site”. Wonderful though the cricket ground in Corfu undoubtedly is, I am surprised that Preston’s fellow Taverner, Andy Caddick of Somerset and England, didn’t let him know that Bath also enjoys a cricket pitch within a Unesco world heritage site (and possibly two if you include the Rec), while the ground at Galle, Sri Lanka, where Caddick played a Test in 2001 , adjacent to the Fort, is mighty close. David Dudding London • Greenwich Park is also a Unesco world heritage site and has a cricket field in the south-west corner. Alan Burkitt-Gray London Continue reading...
Monty Rakusen/DigitalVision via Getty Images The wholesale inflation came in hotter than expected, sending bearish signals for corporate margins, renewing concerns about corporate margins, and bringing large-cap gross profit margin leaders into focus. The U.S. Producer Price Index increased 0.5% M/M in January, hotter than the +0.3% consensus and +0.4% in December (revised from +0.5%), according t...
Monty Rakusen/DigitalVision via Getty Images The wholesale inflation came in hotter than expected, sending bearish signals for corporate margins, renewing concerns about corporate margins, and bringing large-cap gross profit margin leaders into focus. The U.S. Producer Price Index increased 0.5% M/M in January, hotter than the +0.3% consensus and +0.4% in December (revised from +0.5%), according to data released by the Bureau of Labor Statistics on Friday. Core PPI (excluding food and energy) advanced +0.8% M/M vs. +0.3% consensus and +0.6% prior (revised from +0.7%). Companies like Royal Gold ( RGLD ) and Agnico Eagle Mines ( AEM ) stand out as margin winners capable of weathering inflationary pressures. The screen below filters for large-cap companies within the materials sector, specifically targeting those showing resilience to rising input costs. These stocks have maintained strong gross profit margins even as hotter-than-expected PPI reports signal broader margin compression across industries. The list is ranked in descending order based on gross profit margin percentage. The screen spans multiple industries within the materials sector, including gold, silver, copper, specialty chemicals, fertilizers, and construction materials. Here is a top 20 list, with each stock listed along with its gross profit margin and industry: Royal Gold ( RGLD ) Gross Profit Margin: 87.19%; Industry: Gold Agnico Eagle Mines ( AEM ) Gross Profit Margin: 71.87%; Industry: Gold Newmont Corporation ( NEM ) Gross Profit Margin: 63.24%; Industry: Gold Southern Copper Corporation ( SCCO ) Gross Profit Margin: 60.07%; Industry: Copper Gold Fields ( GFI ) Gross Profit Margin: 55.29%; Industry: Gold Hecla Mining Company ( HL ) Gross Profit Margin: 54.97%; Industry: Silver Coeur Mining ( CDE ) Gross Profit Margin: 54.82%; Industry: Gold AngloGold Ashanti ( AU ) Gross Profit Margin: 49.27%; Industry: Gold The Sherwin-Williams Company ( SHW ) Gross Profit Margin: 48.85%; Industry: Specialty Ch...
There’s a sale happening at Woot that’s delivering Black Friday-esque deals on video games through March 5th. The “Video Games for All” sale includes discounts on physical games for most modern consoles, making it a great time to treat yourself (or a pal) to some titles that you’ve been waiting to see big price drops for. There are also deals on gaming accessories like totes, controllers, and more...
There’s a sale happening at Woot that’s delivering Black Friday-esque deals on video games through March 5th. The “Video Games for All” sale includes discounts on physical games for most modern consoles, making it a great time to treat yourself (or a pal) to some titles that you’ve been waiting to see big price drops for. There are also deals on gaming accessories like totes, controllers, and more. Through February 27th at 11:58PM CT, you can score an additional 20 percent off products looped into this sale by entering the code LEVEL20 at checkout (it caps at $30 total off your order). Everyone’s tastes are different, but some picks in this sale that especially vibe with me include Silent Hill F , which is fun and very different beast from Bloober Team’s Silent Hill 2 remake (less item hunting, more countering enemy attacks). Of course, who can argue against the pure fun contained within the Super Mario Galaxy double-pack for Switch that includes the original title and its sequel? It’s always cliché to say that there’s something for everyone here, but I think it’s actually true this time. Elden Ring Where to Buy: $49.99 $15.99 at Woot (PS5) The Legend of Zelda: Echoes of Wisdom Where to Buy: $59.99 $37.59 at Woot (Switch) Silent Hill F Where to Buy: $69.99 $35.99 at Woot (PS5) Metaphor: ReFantazio Where to Buy: $69.99 $14.39 at Woot (Xbox) Balatro: Special Edition Where to Buy: $29.99 $13.59 at Woot (Switch) Super Smash Bros. Ultimate Where to Buy: $59.99 $37.59 at Woot (Switch) Mario Kart 8 Deluxe Where to Buy: $59.99 $37.59 at Woot (Switch) Super Mario Galaxy + Super Mario Galaxy 2 bundle Where to Buy: $69.99 $47.19 at Woot (Switch) More deals and discounts Sometimes, a rug or table can pull the room together. In the event that doesn’t work, Govee’s Pendant Light might just be the ticket. This height-adjustable smart light makes for a fun upgrade in your home, and it’s now selling at its lowest price yet at Amazon . Normally $149.99, it’s down to $109.98. The dimm...
Stone lifting | A good result | Gorton and Denton lessons | Metres v millions I must disagree with Prof Gray ( Letters, 20 February ) as to the origin of the rounded shapes of the boulders used in the ancient sport of stone lifting in Ireland. They are unlikely to be glacial erratics. Blocks frozen in glacial ice generally retain their initial angular shape and are not abraded. In contrast, rock f...
Stone lifting | A good result | Gorton and Denton lessons | Metres v millions I must disagree with Prof Gray ( Letters, 20 February ) as to the origin of the rounded shapes of the boulders used in the ancient sport of stone lifting in Ireland. They are unlikely to be glacial erratics. Blocks frozen in glacial ice generally retain their initial angular shape and are not abraded. In contrast, rock fragments carried by rivers or located along marine coasts may be rolled and dragged by currents, forming characteristically rounded boulders, cobbles and pebbles. Dr Alan Woolley Weybridge, Surrey • Millions of us woke up to Friday morning’s result in Gorton and Denton ( Green party wins Gorton and Denton byelection, pushing Labour to third place, 27 February ) and were given a sense of optimism, excitement and hope that, if our stale and moribund two-party politics is indeed coming to a deserved end, there is a future for compassion, fairness, and social justice rather than division, bigotry and tired nostalgia. Richard Bryant London Continue reading...
CEO Jack Dorsey said 4,000 employees would be laid off as the fintech company, which owns Cash App, embraces AI Sign up for the Breaking News US email to get newsletter alerts in your inbox Fintech company Block announced that it would be laying off 4,000 of its 10,000 employees because of gains in AI productivity. “Intelligence tools have changed what it means to build and run a company,” Jack Do...
CEO Jack Dorsey said 4,000 employees would be laid off as the fintech company, which owns Cash App, embraces AI Sign up for the Breaking News US email to get newsletter alerts in your inbox Fintech company Block announced that it would be laying off 4,000 of its 10,000 employees because of gains in AI productivity. “Intelligence tools have changed what it means to build and run a company,” Jack Dorsey , Block’s CEO, said in a letter to shareholders on Thursday. “We’re already seeing it internally. A significantly smaller team, using the tools we’re building, can do more and do it better. And intelligence tool capabilities are compounding faster every week.” Block is the parent company for online payment platforms such as Square and Cash App. Continue reading...
Klaus Vedfelt/DigitalVision via Getty Images Overview Novavax ( NVAX ) continues to live up to its 1.8 stock beta after its shares rallied following the release of its Q4 earnings report. When I wrote about Novavax last year, its stock was in turmoil after Health Secretary Robert F. Kennedy Jr. expressed concerns over the company’s COVID vaccine, NUVAXOVID. Novavax was trying to achieve full appro...
Klaus Vedfelt/DigitalVision via Getty Images Overview Novavax ( NVAX ) continues to live up to its 1.8 stock beta after its shares rallied following the release of its Q4 earnings report. When I wrote about Novavax last year, its stock was in turmoil after Health Secretary Robert F. Kennedy Jr. expressed concerns over the company’s COVID vaccine, NUVAXOVID. Novavax was trying to achieve full approval for NUVAXOVID, but its BLA was delayed. This was a big deal because Novavax was set to receive a $175 million milestone payment from Sanofi ( SNY ) upon being granted full approval. I stuck with a “ Hold ” rating on NVAX, noting its potential in a barbell portfolio. A month later, the FDA approved NUVAXOVID, triggering the milestone payment. Data by YCharts Earlier this year, Novavax struck a licensing deal with Pfizer ( PFE ), allowing the pharma giant to utilize Novavax’s Matrix-M technology “in products across up to two disease areas by paying $30 million upfront and up to $500 million in milestone-based payments.” While the deal was relatively small and didn’t move the stock much, it provided more credibility to Novavax’s turnaround story. Author's Compilation Novavax’s Q4 results are a “cherry on top,” featuring a net income (for a change). The paragraphs that follow reassess Novavax to see if it's worth the recent hype. Earnings What pops out to me in Novavax’s Q4 numbers is the surprising profitability and the revenue mix. The EPS surprise of $0.11 was a combination of the Sanofi milestones ($50M in Q4) and a 40% YoY drop in opex. And if you look at where the $147 million in revenue came from, Novavax’s turnaround story becomes tangible. Licensing & Royalties generated $108 million—73% of total revenues. Direct Product Sales were just $39 million. In other words, Novavax is now essentially a royalty collection agency. While management’s FY26 revenue guide ($230M-$270M) implies a ~75% drop from the $1.1 billion reported for 2025, it’s a cleaner revenue stream. 202...
Robert Easom violently assaulted Trudi Burgess, from Chorley, when she threatened to leave him A “violent and controlling bully” who broke his partner’s neck, leaving her paralysed and her life “destroyed”, has been sentenced to 16 years in prison. Robert Easom, a landscape gardener, violently assaulted Trudi Burgess, a schoolteacher and former singer, when she threatened to leave him after enduri...
Robert Easom violently assaulted Trudi Burgess, from Chorley, when she threatened to leave him A “violent and controlling bully” who broke his partner’s neck, leaving her paralysed and her life “destroyed”, has been sentenced to 16 years in prison. Robert Easom, a landscape gardener, violently assaulted Trudi Burgess, a schoolteacher and former singer, when she threatened to leave him after enduring eight years of coercive, controlling behaviour. In the UK, call the national domestic abuse helpline on 0808 2000 247, or visit Women’s Aid . In the US, the domestic violence hotline is 1-800-799-SAFE (7233). In Australia, the national family violence counselling service is on 1800 737 732. Other international helplines may be found via www.befrienders.org . Continue reading...
Key PointsParamount Skydance is competing with Netflix for Warner Bros., and the outcome will reshape both the movie industry and the streaming landscape.
Key PointsParamount Skydance is competing with Netflix for Warner Bros., and the outcome will reshape both the movie industry and the streaming landscape.
Associated Banc-Corp's transformation drive, loan growth, digital investment and acquisitions are lifting revenues and margins as it expands in high-growth markets.
Associated Banc-Corp's transformation drive, loan growth, digital investment and acquisitions are lifting revenues and margins as it expands in high-growth markets.
Baron Durable Advantage Fund returned 2.6% (institutional shares) in the fourth quarter of 2025, in line with the 2.7% gain for its benchmark, the S&P 500 Index. The fund, in its Q4 shareholder letter, stated that Alphabet ( GOOGL ), Taiwan Semiconductor Manufacturing Company (TSMC) ( TSM ), and Broadcom ( AVGO ) were the top contributors, while Meta Platforms ( META ), Blackstone ( BX ), and Micr...
Baron Durable Advantage Fund returned 2.6% (institutional shares) in the fourth quarter of 2025, in line with the 2.7% gain for its benchmark, the S&P 500 Index. The fund, in its Q4 shareholder letter, stated that Alphabet ( GOOGL ), Taiwan Semiconductor Manufacturing Company (TSMC) ( TSM ), and Broadcom ( AVGO ) were the top contributors, while Meta Platforms ( META ), Blackstone ( BX ), and Microsoft ( MSFT ) were top detractors for the quarter. During Q4, the fund initiated new positions in Quanta Services ( PWR ) and strengthened its holdings in Danaher ( DHR ), CME Group ( CME ), Welltower ( WELL ), TransDigm ( TDG ), and MSCI ( MSCI ). The purchases were funded by reducing seven other holdings. The fund reduced its holdings in Broadcom ( AVGO ), Mastercard ( MA ), S&P Global ( SPGI ), Intuit ( INTU ), and Arch Capital Group ( ACGL ) during the quarter. Source: Q4 shareholder letter More on Quanta Services, Broadcom, etc. Intuit Inc. (INTU) Q2 2026 Earnings Call Transcript Quanta: A Specialty Contracting Company Benefiting From Secular Growth Tailwinds Broadcom Q1 Preview: Tech Rotation Could Trigger Another Irrational Selloff Baron Durable Advantage Fund adds PWR; reduces stake in AVGO, MA, INTU among Q4 moves Intuit reaffirms 12–13% revenue growth guidance for 2026 while expanding AI-driven platforms and mid-market reach