Pascal Le Segretain/Getty Images News Streaming giant Netflix ( NFLX ) has enough cash to raise its bid for Warner Bros. Discovery ( WBD ) if rival bidder Paramount Skydance ( PSKY ) submits an increased offer, Reuters reported Thursday, citing two sources. The report comes after Warner Bros. agreed to return to the table to discuss with Paramount a "best and final" offer. David Ellison caught Dav...
Pascal Le Segretain/Getty Images News Streaming giant Netflix ( NFLX ) has enough cash to raise its bid for Warner Bros. Discovery ( WBD ) if rival bidder Paramount Skydance ( PSKY ) submits an increased offer, Reuters reported Thursday, citing two sources. The report comes after Warner Bros. agreed to return to the table to discuss with Paramount a "best and final" offer. David Ellison caught David Zaslav's attention after at least 10 failed bids for the HBO parent. In his latest attempt, the Paramount CEO offered multiple sweeteners to Warner Bros., including a "ticking fee" of up to $650M per quarter payable after 2026 if the regulatory approvals are delayed, and agreed to fund the $2.8B termination fee to Netflix. WBD has clearly indicated it wants an offer higher than $31 per share for the whole company while also pointing out that Netflix retains the right to match the increased offer. Paramount has not yet disclosed its final offer for Warner Bros. and has about four days to answer back. Warner Bros. has set a special meeting date of March 20 to vote on the Netflix deal. More on Netflix Netflix: Global Category Killer With Accelerating Growth Plans Netflix Is A Dip Worth Buying With Its Warner Bros. Acquisition Netflix: Shares Attractive As Stock Hovers Near 52-Week Lows Coatue expands positions in NFLX, AMZN and cuts in GOOGL, META, among other Q4 moves Paramount shares rise after Warner Bros. agrees to discussions for a possible deal
‘We will see huge amount of damage from social media’ England captain’s 100th cap in crunch clash with Ireland The England captain, Maro Itoje, has warned of the corrosive effect of social media on professional athletes and wider society before the crucial Six Nations encounter with Ireland on Saturday. Itoje will win his 100th England cap at Twickenham in what has become a must-win game for the h...
‘We will see huge amount of damage from social media’ England captain’s 100th cap in crunch clash with Ireland The England captain, Maro Itoje, has warned of the corrosive effect of social media on professional athletes and wider society before the crucial Six Nations encounter with Ireland on Saturday. Itoje will win his 100th England cap at Twickenham in what has become a must-win game for the hosts after last weekend’s deflating defeat by Scotland at Murrayfield. The buildup has been marred by racist abuse on social media of the Ireland second row Edwin Edogbo, after the 23-year-old made his debut from the replacements’ bench in their win against Italy in round two. Continue reading...
US president links deal with military strikes against Iran in connection with Tehran’s nuclear ambitions Donald Trump changed his mind on supporting the Chagos Islands deal because the UK will not permit its airbases to be used for a pre-emptive US strike on Iran, the Guardian has been told. In his latest change of heart on the deal, the US president said on social media that Keir Starmer was “mak...
US president links deal with military strikes against Iran in connection with Tehran’s nuclear ambitions Donald Trump changed his mind on supporting the Chagos Islands deal because the UK will not permit its airbases to be used for a pre-emptive US strike on Iran, the Guardian has been told. In his latest change of heart on the deal, the US president said on social media that Keir Starmer was “making a big mistake” by handing sovereignty of the islands to Mauritius in exchange for continued use by the UK and US of their airbase on one of the islands, Diego Garcia. Continue reading...
Artificial intelligence -linked companies fueled US convertible bond volume to a record haul and that trend will likely continue this year. So far in 2026, 18 companies have raised nearly $13.6 billion from sales of equity-linked securities through Feb. 18, up more than 556% from volumes at the same period in 2025, according to data compiled by Bloomberg. Last year, issuance topped $120 billion, t...
Artificial intelligence -linked companies fueled US convertible bond volume to a record haul and that trend will likely continue this year. So far in 2026, 18 companies have raised nearly $13.6 billion from sales of equity-linked securities through Feb. 18, up more than 556% from volumes at the same period in 2025, according to data compiled by Bloomberg. Last year, issuance topped $120 billion, the busiest on record, the data shows. “It’s possible we have the same or more activity as last year and roughly 50% AI-linked might be right if you include energy and utilities,” said Jan Debeuckelaer , head of US equity-linked capital markets at Goldman Sachs Group Inc. Much of last year’s activity was driven by offerings from so-called neoclouds, or specialized cloud-computing service providers, and other companies whose prospects are closely tied to the AI capital spending boom. Growth companies find convertibles, as opposed to investment-grade or high-yield bonds, desirable because they have been a cheap financing tool. Such bonds can be exchanged for a firm’s stock under set conditions, offering lower interest costs for businesses at the expense of diluting shareholders if the bonds are converted into shares. Sharp stock price fluctuations have allowed many companies to sell bonds at low or negligible coupons. This is because investors are more willing to pay for the equity call option embedded in these securities by accepting a lower coupon payment. “Volatility is really helpful for convertible investors,” said Jason Wood , the founder and chief executive of J. Wood Capital Advisors, which advised chipmaker Microchip Technology Inc. on a $800 million offering earlier this month. That deal reflected the attractive terms some companies were getting. Microchip sold zero-coupon convertible bonds with a 40% conversion premium, above the 32.5% to 37.5% marketed premium. But if market turbulence triggers a sweeping risk-off sentiment, Wood said, new bond sales would have to ...
The lawsuit alleges that the platform reduces friction for those looking to maintain large collections of illicit material and enables repeated access and redistribution without manual file handling.
The lawsuit alleges that the platform reduces friction for those looking to maintain large collections of illicit material and enables repeated access and redistribution without manual file handling.
March arabica coffee (KCH26 ) today is down -5.90 (-2.05%), and March ICE robusta coffee (RMH26 ) is down -72 (-1.93%). Coffee prices are retreating today, with arabica falling to a 15-month low and robusta falling to a 6.25-month low. Coffee prices have been under pressure over the past 3...
March arabica coffee (KCH26 ) today is down -5.90 (-2.05%), and March ICE robusta coffee (RMH26 ) is down -72 (-1.93%). Coffee prices are retreating today, with arabica falling to a 15-month low and robusta falling to a 6.25-month low. Coffee prices have been under pressure over the past 3...
March ICE NY cocoa (CCH26 ) today is down -232 (-7.19%), and March ICE London cocoa #7 (CAH26 ) is down -124 (-5.47%). Cocoa prices extended their six-week-long selloff today, sinking to 2.75-year nearest-futures lows. International cocoa buyers are reluctant to pay official prices for beans in the Ivory Coast...
March ICE NY cocoa (CCH26 ) today is down -232 (-7.19%), and March ICE London cocoa #7 (CAH26 ) is down -124 (-5.47%). Cocoa prices extended their six-week-long selloff today, sinking to 2.75-year nearest-futures lows. International cocoa buyers are reluctant to pay official prices for beans in the Ivory Coast...
Richard Drury/DigitalVision via Getty Images After several years of below-average returns, value ETFs may finally be having their year in 2026. An article from February 17 that appeared on Seeking Alpha detailed support for value stocks from Jeremy Siegel , professor emeritus of finance at the University of Pennsylvania’s Wharton School. Siegel noted the surge in value stocks relative to their gro...
Richard Drury/DigitalVision via Getty Images After several years of below-average returns, value ETFs may finally be having their year in 2026. An article from February 17 that appeared on Seeking Alpha detailed support for value stocks from Jeremy Siegel , professor emeritus of finance at the University of Pennsylvania’s Wharton School. Siegel noted the surge in value stocks relative to their growth counterparts. This echoed other articles on this website that have said the timing may finally be right for large-cap value investing. One way to play this hypothesis is the Fidelity Blue Chip Value ETF ( FBCV ). With a portfolio of stocks that trade at an average multiple well below that of the S&P 500, FBCV has gotten off to a good start this year with a gain of over 5% while the S&P 500 has booked a fractional loss over the last six and a half weeks. However, after looking at this Fidelity ETF in more detail, I think investors would be better served buying other options in the value space. My opinion of FBCV is a Hold, given the information provided below. ETF Overview Launched by Fidelity at the start of June 2020, the Fidelity Blue Chip Value ETF has the stated objective of long-term capital growth. It is actively managed and considered to be a semi-transparent ETF. Unlike most other ETFs, FBCV does not publicly release its holdings on a daily basis. Fidelity does give some additional information about its selection criteria for the fund as part of its strategy on its Fact Sheet . It states that FBCV will invest at least 80% of its assets in “well-known, well-established, and well-capitalized” blue-chip companies. These companies will fall into either large-cap or mid-cap segments of the market. Fidelity’s selection method considers factors like assets, sales, earnings, or cash flow when adding or removing stocks from its portfolio. The fund uses the Russell 1000 Value Index to be its benchmark. FBCV is a relatively small fund when measured by assets under manageme...
Children to get individual support directly from school instead of via council in attempt to curb spiralling costs Children in England with special needs will receive individual support and therapy directly from their schools as part of the government’s overhaul of England’s special education provision. Under the plans, mainstream schools will be given commissioning budgets to spend on therapists ...
Children to get individual support directly from school instead of via council in attempt to curb spiralling costs Children in England with special needs will receive individual support and therapy directly from their schools as part of the government’s overhaul of England’s special education provision. Under the plans, mainstream schools will be given commissioning budgets to spend on therapists or additional support, instead of the money being controlled by highly indebted local authorities. Continue reading...
Sony Group Corp. is shutting down Bluepoint Games, the PlayStation subsidiary responsible for developing remakes of video games such as Demon’s Souls . Roughly 70 employees will lose their jobs amid the studio closure, a PlayStation spokesperson said, writing in a statement that the decision was made “following a recent business review.” Bluepoint will officially shutter next month. “Bluepoint Gam...
Sony Group Corp. is shutting down Bluepoint Games, the PlayStation subsidiary responsible for developing remakes of video games such as Demon’s Souls . Roughly 70 employees will lose their jobs amid the studio closure, a PlayStation spokesperson said, writing in a statement that the decision was made “following a recent business review.” Bluepoint will officially shutter next month. “Bluepoint Games is an incredibly talented team and their technical expertise has delivered exceptional experiences for the PlayStation community,” the spokesperson said. “We thank them for their passion, creativity and craftmanship.\ Founded in 2006, the Austin-based studio was known for developing high-end remakes of older games, such as Uncharted and Shadow of the Colossus for modern platforms. Sony acquired Bluepoint in 2021, shortly after the successful release of Demon’s Souls on PlayStation 5, and tasked it with co-developing 2022’s God of War Ragnarok . Following that game, Bluepoint began working on a “live-service” God of War game, Bloomberg previously reported. But it was canceled in January 2025 . PlayStation said at the time that it was working with Bluepoint to determine the studio’s next project.
YPF SA is setting aside funds to keep spending in the fast-growing Vaca Muerta basin even if oil prices fall this year as management handpicked by libertarian President Javier Milei looks to build the state-run company into a global shale star. “We’ve prepared ourselves,” Chief Executive Officer Horacio Marin said Wednesday during an interview in Buenos Aires. “We’ve managed our portfolio very wel...
YPF SA is setting aside funds to keep spending in the fast-growing Vaca Muerta basin even if oil prices fall this year as management handpicked by libertarian President Javier Milei looks to build the state-run company into a global shale star. “We’ve prepared ourselves,” Chief Executive Officer Horacio Marin said Wednesday during an interview in Buenos Aires. “We’ve managed our portfolio very well, so that in a low oil-price environment we don’t need to reduce investment. Our capex doesn’t change whether a barrel is worth $70 or $55.” YPF, easily Argentina’s biggest oil producer, invested $3.5 billion upstream in the 12 months through September. Marin is keen for spending to stay around that level in order to maintain momentum for the company’s shale push and, in turn, make good on a promise of big returns for investors. A fresh policy move from Milei to spur crude investments should help too. “This is the key year,” said Marin, a 62-year-old oil veteran who’ll lay out YPF’s full strategy for 2026 in a Feb. 27 earnings call. “Because it’s the final year of our transition — and then we can lift off.” YPF wants to surpass 200,000 barrels a day of shale oil this year, Marin said, up from 170,000 in the third quarter of 2025, after two years of aggressive cost-cutting and divestments. That push included two recent asset sales that raised an extra $1 billion for the company’s war chest and a pending deal to exit natural gas distributor Metrogas SA . If the plan to grow profits succeeds over the next few years, YPF is targeting its first shareholder dividend payouts in a decade. Its New York-traded shares have gained 127% since Milei took office and are worth about $38. Marin’s target for the end of 2027, when Milei finishes his term, is to reach $60. Milei Is Tapping Argentina’s Permian in Bid to Cement Reforms JPMorgan, Citi in Talks to Finance $1 Billion Argentina Pipeline Milei Spurns Local Billionaire as Indian Firm Wins Pipeline Bid Harold Hamm’s Continental Expand...
Ferrari ( RACE ) declares EUR 3.615/share annual dividend . Forward yield 1.17% Payable May 5; for shareholders of record April 21; ex-div April 21. See RACE Dividend Scorecard, Yield Chart, & Dividend Growth. More on Ferrari Ferrari N.V. (RACE) Q4 2025 Earnings Call Transcript Ferrari: Fourth Quarter Earnings Takes It Back To Square One Ferrari's Q4: From Overvalued To Investable Again (Upgrade) ...
Ferrari ( RACE ) declares EUR 3.615/share annual dividend . Forward yield 1.17% Payable May 5; for shareholders of record April 21; ex-div April 21. See RACE Dividend Scorecard, Yield Chart, & Dividend Growth. More on Ferrari Ferrari N.V. (RACE) Q4 2025 Earnings Call Transcript Ferrari: Fourth Quarter Earnings Takes It Back To Square One Ferrari's Q4: From Overvalued To Investable Again (Upgrade) Ferrari's pricing power absorbs tariff turbulence Ferrari beats FY estimates
Earnings Call Insights: Kadant Inc. (KAI) Q4 2025 Management View Jeffrey Powell, President and CEO, stated the company “closed the year with solid performance despite a challenging macro background that included tariff volatility and continued cost pressures,” highlighting record revenue of $286 million for the quarter and strong cash flow. He emphasized that “our fourth quarter performance benef...
Earnings Call Insights: Kadant Inc. (KAI) Q4 2025 Management View Jeffrey Powell, President and CEO, stated the company “closed the year with solid performance despite a challenging macro background that included tariff volatility and continued cost pressures,” highlighting record revenue of $286 million for the quarter and strong cash flow. He emphasized that “our fourth quarter performance benefited from the acquisitions we completed in 2025 and solid demand in our Flow Control and Material Handling segments.” Acquisitions and record aftermarket parts drove an 11% revenue increase and a 12% rise in bookings year-over-year. The CEO noted, “Stable demand, combined with contributions from our 2 recent acquisitions drove solid revenue performance of $1.05 billion in fiscal 2025, with aftermarket parts making up a record 71% of our total revenue.” He also pointed to softness in capital project activity and rising tariffs, which contributed to a decrease in adjusted EPS year-over-year. Powell affirmed, “Our healthy balance sheet and ability to generate significant cash flow position us well to pursue new opportunities that develop, and we are committed to achieving improved financial results this year.” Michael McKenney, Executive VP & CFO, reported, “Revenue was a record $286.2 million, up 11% compared to the fourth quarter of '24, including an 8% increase from acquisitions and a 3% increase from the favorable effect of foreign currency translation.” He added, “Our GAAP EPS was $2.04 in both periods, and our adjusted EPS increased to $2.27 and was just above the high end of our guidance range of $2.05 to $2.25 in the fourth quarter.” Outlook The company projects 2026 revenue of $1.160 billion to $1.185 billion and adjusted EPS of $10.40 to $10.75, excluding $0.13 related to the amortization of acquired profit and inventory. First quarter 2026 revenue guidance is $270 million to $280 million with adjusted EPS expected between $1.78 and $1.88, excluding $0.09 for amortiz...