(RTTNews) - Nucor Corp. (NUE) announced Friday that John Sullivan, Vice President, Treasurer and General Manager of Investor Relations, will be promoted to Chief Financial Officer, Treasurer and Executive Vice President effective March 1, 2026.
(RTTNews) - Nucor Corp. (NUE) announced Friday that John Sullivan, Vice President, Treasurer and General Manager of Investor Relations, will be promoted to Chief Financial Officer, Treasurer and Executive Vice President effective March 1, 2026.
anoopkrishnan/iStock via Getty Images When markets are churning the way they have recently, investors tend to focus on the more discouraging headlines, and there were several yesterday. Walmart gave a cautious outlook after issuing a solid earnings report. The financial sector was hit hard after Blue Owl Corporation announced it was halting redemptions from one of its private credit funds for reta...
anoopkrishnan/iStock via Getty Images When markets are churning the way they have recently, investors tend to focus on the more discouraging headlines, and there were several yesterday. Walmart gave a cautious outlook after issuing a solid earnings report. The financial sector was hit hard after Blue Owl Corporation announced it was halting redemptions from one of its private credit funds for retail investors. Airline stocks fell as oil prices rose to a six-month high. Oil may be the paramount concern today, as President Trump intensifies his rhetoric in negotiations with Iran, and our military presence in the Middle East continues to grow. He says Iran has approximately ten days to “make a deal.’ Finviz Given the focus on affordability as the midterm elections rapidly approach, a sharp increase in oil prices would not be good for consumers who are already fixated on elevated prices. For this reason, I think a strike is unlikely. In anticipation of a possible conflict, crude has already risen 17% in 2026, which is the reason the energy sector leads all S&P 500 sectors year-to-date with a gain of more than 20%. At what level do oil prices become a problem for the broad market? Bloomberg History shows that prior oil price spikes did not become detrimental until crude rose at least 80% within a 12-month period. Today, that would be approximately $100. Even then, the price increase would likely not last long. Five of the past eight occurrences dating back to 1972 led to recessions, which is the reason markets do not respond well to abrupt and sharp price increases. This is a very remote possibility today, but it is good to have a reference point for when a more defensive posture is warranted. DataTrek In other news, the trade deficit widened to $70.3 billion in December, which was much larger than the $55.5 billion expected. Exports declined 1.7%, while imports rose 3.6%. This put the 2025 trade deficit at $901.5 billion, which is nearly identical to the $903.5 billion ...
syahrir maulana/iStock via Getty Images Dear Fellow Shareholders The FPA Queens Road Small-Cap Value Fund (“Fund”) returned -0.36% in the fourth quarter of 2025 vs. 3.26% for the Russell 2000 Value Index (“R2KV”). For calendar 2025, the Fund has returned 13.36% vs. 12.59% for the R2KV. As a reminder, we expect to outperform in down markets and trail in speculative markets as a result of our dilige...
syahrir maulana/iStock via Getty Images Dear Fellow Shareholders The FPA Queens Road Small-Cap Value Fund (“Fund”) returned -0.36% in the fourth quarter of 2025 vs. 3.26% for the Russell 2000 Value Index (“R2KV”). For calendar 2025, the Fund has returned 13.36% vs. 12.59% for the R2KV. As a reminder, we expect to outperform in down markets and trail in speculative markets as a result of our diligent, disciplined, and patient process. 20% or Larger Russell 2000 Value Drawdowns Since Fund Inception (%) 1 Jun-02 toOct-02 Jun-07 toMar-09 Jun-15 toFeb-16 Aug-18 toMar-20 Nov-21 toOct-23 Nov-24 toApr-25 Average FPA Queens Road Small Cap Value -16.70 -50.69 -10.17 -26.74 -12.08 -18.79 – Russell 2000 Value -28.99 -61.71 -22.55 -46.03 -26.60 -26.57 – Downside capture ratio 57.6 82.1 45.1 58.1 47.2 70.7 60.1 Outperformance 12.29 11.02 12.38 19.30 13.52 7.78 12.71 Click to enlarge As we discussed in our third quarter letter, we outperformed during the first half 2025 when markets were weak and tariff-induced volatility allowed us to put cash to work at attractive prices. We trailed during third and fourth quarters in a market that favored speculation and momentum. This is consistent with our expectations and we are pleased with our performance. For the year as a whole, several indicators show that lower quality stocks outperformed. The Russell 2000, in which roughly 40% of stocks are unprofitable, returned 12.81% while the S&P 600, which has a profitability requirement, returned 6.02% (The S&P 600 also favors larger companies than the Russell 2000). 2 Below is the 2025 small blend and small value factor performance as compiled by Seaport Research Partners. Beta, momentum and EPS growth outperformed while quality, low volatility and value under performed. Small Blend Manager Factor & Sector Performanc e 3 2025 Factor Performance 1 st Quartile vs. 4 th Quartile Small Blend Sector Small Value Manager Factor & Sector Performanc e 3 2025 Factor Performance 1 st Quartile vs. 4 th Qua...
Key Points888,000 shares were sold indirectly through I Financial Ventures Group LLC for a transaction value of approximately $30.0 million on Jan. 28 and Jan. 29, 2026.
Key Points888,000 shares were sold indirectly through I Financial Ventures Group LLC for a transaction value of approximately $30.0 million on Jan. 28 and Jan. 29, 2026.
Sixty-seven players from Pakistan are among those to have registered for next month's Hundred auction, though England Test captain Ben Stokes has not signed up.
Sixty-seven players from Pakistan are among those to have registered for next month's Hundred auction, though England Test captain Ben Stokes has not signed up.
(RTTNews) - Economic growth in the U.S. slowed by much more than anticipated in the fourth quarter of 2025, according to a report released by the Commerce Department on Friday.
(RTTNews) - Economic growth in the U.S. slowed by much more than anticipated in the fourth quarter of 2025, according to a report released by the Commerce Department on Friday.
Friend of Mars/DigitalVision via Getty Images Over the last few years, I’ve begun writing in earnest about business development companies, or BDCs. While an 'overlooked' sector by most of Wall Street, BDCs tend to provide large, robust dividends, and as more and more baby boomers start retiring, income investing has grown in popularity and significance among the broader investing public. So far, h...
Friend of Mars/DigitalVision via Getty Images Over the last few years, I’ve begun writing in earnest about business development companies, or BDCs. While an 'overlooked' sector by most of Wall Street, BDCs tend to provide large, robust dividends, and as more and more baby boomers start retiring, income investing has grown in popularity and significance among the broader investing public. So far, here on Seeking Alpha, I’ve written about a number of the top business development companies, including Ares Capital ( ARCC ), Blue Owl Capital ( OBDC ), Blackstone Secured Lending ( BXSL ), Hercules Capital ( HTGC ), Morgan Stanley Direct Lending ( MSDL ), and more. One stock that has somehow escaped my coverage is Main Street Capital ( MAIN ), the seventh largest BDC on US markets and far and away the best-performing firm over the last five years: TradingView Unlike many of the other BDCs that I have covered – that use external management and floating‑rate secured loans – Main Street is organized somewhat differently. MAIN is internally managed, meaning that the fees charged to investors are materially lower. Not only that, but MAIN focuses on the LMM space, otherwise known as the 'lower middle market.' Companies in this tier are often overlooked by other funds, given the potentially higher risk profile, lower check size, and general lack of liquidity. However, MAIN hasn’t been put off by this cohort and instead structures opportunistic deals (occasionally with equity included) where it thinks it can add value. The results speak for themselves. Over the last five years, and over many other time horizons, MAIN is one of, if not the best, performing BDCs on the market, even if the firm’s headline dividend yield is somewhat lower than peers. In turn, the firm has been rewarded by the market with an unbelievably high price‑to‑NAV ratio of more than 1.8x . For reference, most other BDCs trade in the 0.95x to 1.2x NAV range. Why is this? Is it worth paying such a high price for ...
Savings Rate Tumbles To 4 Year Lows As Fed's Favorite Inflation Indicator Comes In Hot The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.4% in December (the latest data released today), slightly hotter than expected (+0.3% MoM). That lifted YoY inflation up 3.0% (above the prior month ...
Savings Rate Tumbles To 4 Year Lows As Fed's Favorite Inflation Indicator Comes In Hot The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.4% in December (the latest data released today), slightly hotter than expected (+0.3% MoM). That lifted YoY inflation up 3.0% (above the prior month and hotter than expected) - the highest since April 2025... Source: Bloomberg The headline PCE rose 0.4% MoM (more than expected too) driving prices up 2.9% YoY (the highest since March 2024) Source: Bloomberg The much watched SuperCore PCE rose 0.3% MoM (the last MoM decline was April 2020). But the SuperCore PCE YoY printed +3.3% - very much unmoved in the last year... Services prices continue to dominate the price gains but Goods costs also accelerated in December... Many were fearful of the recent surge in oil prices impacting inflation, but as the chart below shows, the government's measure of energy costs has recently (oddly) decoupled from actual energy costs... Higher prices were accompanied by higher incomes and higher spending... But Spending continues to outpace incomes (even though the former is decelerating)... Wage growth is slowing, especially for government workers... But, putting it altogether, the savings rate is tumbling to afford all this... We look forward to President Trump explaining how affordability is 'fixed' next week at the SOTU. Tyler Durden Fri, 02/20/2026 - 08:47
Digital Currency X Technology ( DCX ) said on Friday it has regained compliance with Nasdaq’s minimum bid price requirement. The company said it received written notice from The Nasdaq Stock Market on February 17 confirming it meets the minimum bid price requirement under Listing Rule 5550(a)(2) and is in compliance with all applicable Nasdaq Capital Market listing standards. A previously schedule...
Digital Currency X Technology ( DCX ) said on Friday it has regained compliance with Nasdaq’s minimum bid price requirement. The company said it received written notice from The Nasdaq Stock Market on February 17 confirming it meets the minimum bid price requirement under Listing Rule 5550(a)(2) and is in compliance with all applicable Nasdaq Capital Market listing standards. A previously scheduled hearing before a Nasdaq Hearings Panel on February 24 has been canceled, and the company’s shares will continue trading on the Nasdaq Capital Market without interruption. DCX +7.65% premarket to $2.39. Source: Press Release More on Chijet Motor Digital Currency X Technology regains Nasdaq compliance; shares up over 60% premarket Digital Currency X Technology receives Nasdaq delisting notice Seeking Alpha’s Quant Rating on Chijet Motor Financial information for Chijet Motor
SECURE Waste Infrastructure press release ( SECYF ): Q4 GAAP EPS of $0.24. Revenue of $372M (+12.0% Y/Y) beats by $94.96M . Adjusted EBITDA of $135M ($0.62/basic share) Achieved a 15% year-over-year increase in Adjusted EBITDA per share for the quarter. More on Secure Energy Services Secure Waste Infrastructure: Will Reward Over The Years Even Without Multiple Expansion Seeking Alpha’s Quant Ratin...
SECURE Waste Infrastructure press release ( SECYF ): Q4 GAAP EPS of $0.24. Revenue of $372M (+12.0% Y/Y) beats by $94.96M . Adjusted EBITDA of $135M ($0.62/basic share) Achieved a 15% year-over-year increase in Adjusted EBITDA per share for the quarter. More on Secure Energy Services Secure Waste Infrastructure: Will Reward Over The Years Even Without Multiple Expansion Seeking Alpha’s Quant Rating on Secure Energy Services Historical earnings data for Secure Energy Services Dividend scorecard for Secure Energy Services Financial information for Secure Energy Services
The U.S. expanded at a subpar 1.4% annual pace in the fourth quarter of 2025, depressed by a record 43-day federal shutdown that caused a big decline in government spending.
The U.S. expanded at a subpar 1.4% annual pace in the fourth quarter of 2025, depressed by a record 43-day federal shutdown that caused a big decline in government spending.
J Studios/DigitalVision via Getty Images HA Sustainable Infrastructure Capital ( HASI ) is, at its core, a yield-focused sustainable infrastructure investment business. They essentially try to profit from the ongoing trend towards renewable energy by generating repeatable revenues through long-term contracts. Concretely, they originate and structure investments across solar, wind, storage, and nat...
J Studios/DigitalVision via Getty Images HA Sustainable Infrastructure Capital ( HASI ) is, at its core, a yield-focused sustainable infrastructure investment business. They essentially try to profit from the ongoing trend towards renewable energy by generating repeatable revenues through long-term contracts. Concretely, they originate and structure investments across solar, wind, storage, and natural gas. HASI also helps their customers improve their energy efficiency and offers adjacent “real assets” that tap into decarbonization themes. So, overall, you can think of HASI as a relatively diversified portfolio of recurring investment income, securitizations, and fees. And, going forward, I remain bullish on their underlying business, but I feel it’s appropriate to take a more cautiously optimistic stance this time due to their high leverage and pricey valuation. Green REIT Bet HA Sustainable Infrastructure Capital is a REIT that operates as a specialized sustainable infrastructure capital provider. In practice, this means they’re built around sourcing repeatable investment opportunities with long-dated contracts. HASI also then focuses on optimizing how its acquired assets perform over time. In that context, I view HASI mostly as a “green” REIT that’s finally starting to show much better operating leverage metrics. I previously wrote about HASI back in February 2024 and rated them a “Strong Buy” precisely because I saw their potential with this business model. Since then, the stock has appreciated by roughly 41.5% (excluding dividends), so I thought it was worthwhile updating my thesis. Source: HASI’s Q4 2025 Investor Presentation. As a quick overview, HASI invests across three primary climate solutions markets. First, Behind-the-Meter [BTM] represents their residential solar and storage offerings. These serve clients across community, commercial, and industrial sectors. Secondly, HASI’s Grid-Connected [GC] segment targets solar at a larger scale, onshore wind, and...
Western governments have put elite bargains before civilian lives. If El Fasher is to mean anything, this approach must change The latest report from the UN independent fact-finding mission on the fall of El Fasher in Sudan reads like a postmortem of a preventable tragedy. The report details what it calls the “ hallmarks of genocide ”: mass killings, systematic sexual violence and ethnic cleansing...
Western governments have put elite bargains before civilian lives. If El Fasher is to mean anything, this approach must change The latest report from the UN independent fact-finding mission on the fall of El Fasher in Sudan reads like a postmortem of a preventable tragedy. The report details what it calls the “ hallmarks of genocide ”: mass killings, systematic sexual violence and ethnic cleansing targeting non-Arab communities by the Rapid Support Forces (RSF). The atrocities in El Fasher should have surprised no one in the international community. Western governments were warned repeatedly by civil society, humanitarian organisations, investigative journalists and their own agencies. In Britain, a whistleblower last year accused the Foreign Office of censoring internal warnings about imminent genocide. The US state department and members of the UN security council received continuous reporting from the Yale Humanitarian Research Lab documenting the RSF’s military buildup and preparations to overrun the city. Senior US officials warned the Biden administration that El Fasher was at imminent risk. A security council resolution in 2024 called for an end to the siege. None of this prevented the city from being strangled. Husam Mahjoub is co-founder of Sudan Bukra, an independent non-profit Sudanese TV channel Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
Matthew Nichols/iStock Editorial via Getty Images Previewing AMC's Upcoming Earnings Report Since my only article on AMC Entertainment Holdings ( AMC ), which came out in late July 2023, the stock has gone on to lose over 97%, burning those who missed the chance to cash out on the spike at the time. Dilution eroded the value massively, and it looks like there's no way out of the continuous equity ...
Matthew Nichols/iStock Editorial via Getty Images Previewing AMC's Upcoming Earnings Report Since my only article on AMC Entertainment Holdings ( AMC ), which came out in late July 2023, the stock has gone on to lose over 97%, burning those who missed the chance to cash out on the spike at the time. Dilution eroded the value massively, and it looks like there's no way out of the continuous equity offerings that pushed AMC's market cap lower. The firm is set to report its Q4 FY2025 results on February 24, 2026, and while management said on the last call that there's a 2026 theatrical super-cycle and that AMC is undergoing operational changes to drive better efficiency, I don't think there's a turnaround story here to watch. I'd not buy AMC stock ahead of its upcoming earnings report because the fundamental setup doesn't look much different from what I observed in mid-2023. Why Do I Think So? What's been driving the stock lower is the constant dilution. Among the latest events, we see that on February 9, 2026, the firm filed a prospectus supplement to sell up to $150 million of Class A common stock on an ATM basis. In general, from 2020 through early 2026, AMC's shares outstanding increased by more than 508 million on a split-adjusted basis, and it looks like there's no end in sight to this dynamic. Data by YCharts The new offering includes a master confirmation for collared forward transactions with Goldman Sachs International, and while this structure suggests that AMC wants to minimize price risk, I think it also points to the firm's immediate liquidity needs, as it's in the midst of a seasonally weak Q1 2026. AMC is still struggling to recover from what its business went through during the pandemic. During 2016-2019 , AMC was generating $200-300 million in operating profits, and after an operating loss of over $1.5 billion in FY2020, AMC is currently barely turning any positive operating income. In FY2023 and FY2024, it generated $32.9 million and a negative $8.7 ...
Throughout the bull market for tech and artificial intelligence (AI) of the past few years, semiconductor stocks have been the leaders. That narrative has changed in 2026 as investors grow more concerned about how much money is being spent on AI development and whether valuations have become stretched too far. Semiconductor ETFs still aren't too far off all-time highs, but it looks like momentum h...
Throughout the bull market for tech and artificial intelligence (AI) of the past few years, semiconductor stocks have been the leaders. That narrative has changed in 2026 as investors grow more concerned about how much money is being spent on AI development and whether valuations have become stretched too far. Semiconductor ETFs still aren't too far off all-time highs, but it looks like momentum has clearly shifted away from tech and growth stocks. That doesn't mean this group can't keep moving higher, but it does mean investors need to be pickier about where they put their money. With valuations historically elevated and growth rates starting to decline, selection may be more important now than it has been in years. That's why I believe there's a real difference right now in choosing between two exchange-traded funds: the iShares Semiconductor ETF (NASDAQ: SOXX) and the VanEck Semiconductor ETF (NASDAQ: SMH) . It's enough of a difference that I think one is worth buying and one is worth staying away from. Continue reading