Sherritt International Corp. plans to suspend nickel and cobalt production in Cuba as fuel supply constraints affect the struggling communist-run island. The company’s shares fell. The Toronto-based company has reduced operations at its Moa joint venture and expects to pause mining and processing within the next week, Sherritt said in a statement Tuesday. Planned maintenance activities will be per...
Sherritt International Corp. plans to suspend nickel and cobalt production in Cuba as fuel supply constraints affect the struggling communist-run island. The company’s shares fell. The Toronto-based company has reduced operations at its Moa joint venture and expects to pause mining and processing within the next week, Sherritt said in a statement Tuesday. Planned maintenance activities will be performed during the downtime. The nickel and cobalt complex becomes the latest victim of a long-running economic crisis in Cuba that has become a near-existential struggle since the US captured Venezuela’s Nicolás Maduro, an ally who provided a lifeline through oil shipments. US President Donald Trump, who vehemently opposes the island’s regime, later warned “Cuba will be failing pretty soon.” To be sure, while halting operations at Moa is a blow for the company’s bottom line and the island nation’s economy, it’s a very minor event for global metal markets. The JV with Cuba’s General Nickel Company SA sends semi-processed material to a refinery in Alberta, which has a combined capacity of 38,200 tons. That’s a tiny fraction of the world’s mined supply, which in the case of nickel is dominated by Indonesian operations. Read more: Battery Boom Has Sherritt CEO Betting on Cuban Nickel Expansion Sherritt received notification that planned fuel deliveries for Moa wouldn’t be fulfilled and is “actively engaging with relevant counterparts and evaluating all options for sourcing input commodities.” Sherritt said its refinery in Fort Saskatchewan, Alberta, has enough inventory to operate until about mid-April. Operations at the Energas SA energy venture in Cuba, in which Sherritt has a one-third stake, are continuing as planned without any impact, the company said. Energas generates electricity from natural gas for the Cuban grid, from which Moa gets its power. The company’s shares were down 7.3% at 9:43 a.m. in Toronto.
Apple ( AAPL ) was in the spotlight on Tuesday as Wedbush Securities said the recent sell-off in the stock is "unwarranted," and 2026 is the year the iPhone maker firmly plants its artificial intelligence flag. "Apple's stock has sold off the last few weeks with worries that some of the much anticipated AI features will be delayed with Siri AI after investors have endured this soap opera over the ...
Apple ( AAPL ) was in the spotlight on Tuesday as Wedbush Securities said the recent sell-off in the stock is "unwarranted," and 2026 is the year the iPhone maker firmly plants its artificial intelligence flag. "Apple's stock has sold off the last few weeks with worries that some of the much anticipated AI features will be delayed with Siri AI after investors have endured this soap opera over the last year with Cupertino's lack of AI strategy," analysts led by Dan Ives wrote in a note to clients. "That said, we believe this recent worry and sell-off in Apple's shares is unwarranted as the focus is [on] Apple getting its AI strategy right and releasing its advanced AI features by the summer timeframe and that still appears on target. While features could come in various releases of iOS 26.4/26.5 and eventually iOS 27 in September the name of the game for [Tim] Cook and Apple is building out its much anticipated AI platform for developers and consumers in 2026." The analysts have an Outperform rating and $350 price target on Apple. Delving deeper, the analysts acknowledged that investors may be a bit "snake bitten," given Apple's missteps when it comes to AI. However, recent announcements - including the Google ( GOOG ) ( GOOGL ) deal and new outside leadership - along with the belief that Apple management knows it has to get the revamped Siri right, gives the investment firm confidence. "The AI missteps last year ultimately now represent the opportunities for Cupertino to unveil its Siri AI platform in 2026...and the Street is significantly underestimating what this will mean for the Apple story going forward in our view," the analysts added. "The elephant in the room remains the invisible AI strategy, with the biggest consumer installed base in the world of 2.5 billion iOS devices and 1.5 billion iPhones, the time is now for Apple to accelerate its AI efforts. We believe the AI monetization piece could add $75 to $100 per share to the Apple story over the coming few...
Check out the companies making headlines before the bell: Warner Bros. Discovery , Paramount Skydance — Shares of the two media and entertainment companies rose after Netflix granted Warner Bros. Discovery a seven-day waiver to hold deal talks with Paramount Skydance. Warner Bros. Discovery gained 2.4%, while Paramount jumped nearly 4%. Masimo , Danaher — Shares of health tech giant Masimo rallied...
Check out the companies making headlines before the bell: Warner Bros. Discovery , Paramount Skydance — Shares of the two media and entertainment companies rose after Netflix granted Warner Bros. Discovery a seven-day waiver to hold deal talks with Paramount Skydance. Warner Bros. Discovery gained 2.4%, while Paramount jumped nearly 4%. Masimo , Danaher — Shares of health tech giant Masimo rallied more than 33% after The Wall Street Journal and Financial Times reported, citing sources, that the company was nearing a deal with Danaher to be acquired for $180 per share, or $10 billion, in cash. Shares of Danaher slid more than 7%. DTE Energy Company — Shares jumped 2% after an earnings beat for both the fourth quarter and fiscal year 2025 in its report delivered Tuesday morning. However, its 2026 guidance came in on the lower end of expectations. Norwegian Cruise Line Holdings — The cruise operator moved 7.5% higher following a Wall Street Journal report , citing people familiar, that Elliott Investment Management has built a more than 10% stake in Norwegian. The activist investor plans to press for changes to turn around the company's performance. Norwegian's stock has lagged behind its competitors, Royal Caribbean and Carnival. — CNBC's Michelle Fox, Davis Giangiulio and Fred Imbert contributed reporting
Russia’s crude shipments edged higher with a step-up in Ukrainian drone strikes on the country’s refineries and a halt to piped deliveries to Hungary and Slovakia likely boosting export volumes. Exports averaged 3.39 million barrels a day in the four weeks to Feb. 15, according to vessel-tracking data compiled by Bloomberg. They nudged up from the period to Feb. 8, rising for a fourth week, but we...
Russia’s crude shipments edged higher with a step-up in Ukrainian drone strikes on the country’s refineries and a halt to piped deliveries to Hungary and Slovakia likely boosting export volumes. Exports averaged 3.39 million barrels a day in the four weeks to Feb. 15, according to vessel-tracking data compiled by Bloomberg. They nudged up from the period to Feb. 8, rising for a fourth week, but were still down by about 480,000 barrels a day from the pre-Christmas peak. The higher shipments combined with an increase in four-week average prices to boost inflows to the Kremlin’s war chest to the highest in almost two months. Russia’s oil production slipped for a second straight month in January, leaving it almost 300,000 barrels a day lower than the amount the country is allowed to pump under an agreement with the Organization of the Petroleum Exporting Countries and allies. But any impact from the lower output on exports has likely been more than offset by renewed attacks on crude processors. After a lull in January, Ukraine has stepped up its drone strikes on Russian oil refineries this month, with hits on Lukoil plants in Volgograd and Ukhta and the independent Ilsky refinery in the Black Sea region. The three plants have a combined processing capacity of about 500,000 barrels a day. Separately, an earlier Russian attack on a pumping station in western Ukraine has halted piped flows of about 200,000 barrels a day of Moscow’s crude to Hungary and Slovakia through the Druzhba pipeline system. At the other end of the supply chain, deliveries of Russian crude to China have surged to more than 2 million barrels a day in the first 15 days of February, the tracking data show, with increasing amounts of Urals crude being diverted from recent buyers in India. In addition, almost all the barrels shipped from Pacific and Arctic ports are also heading to China. India’s pull-back from Russian crude can be seen clearly in shipments of key Pacific grade ESPO. Just one February-loa...
Mainz Biomed ( NASDAQ: MYNZ ) on Tuesday said that it entered into a securities purchase agreement for a $6.0 million private placement with investor David Lazar, aimed at strengthening liquidity and supporting a strategic shift toward its pancreatic cancer detection program in the United States. The financing will be completed in two tranches of $3.0 million each through the issuance of convertib...
Mainz Biomed ( NASDAQ: MYNZ ) on Tuesday said that it entered into a securities purchase agreement for a $6.0 million private placement with investor David Lazar, aimed at strengthening liquidity and supporting a strategic shift toward its pancreatic cancer detection program in the United States. The financing will be completed in two tranches of $3.0 million each through the issuance of convertible non-redeemable preferred stock. The first tranche closed on February 13, and the second is expected to close before April 15, subject to required stockholder approvals. The company said net proceeds will be used to fund ongoing operations, address outstanding liabilities, and maintain operations while it evaluates growth opportunities and broader strategic alternatives. In connection with the financing, Lazar was named chairman of the board. Mainz Biomed said it plans to focus on developing its pancreatic cancer screening business in the United States, while evaluating options to sell its colorectal cancer screening assets and wind down its German subsidiary. The company said it is in discussions with several parties regarding its colorectal assets. Further details of the transaction were disclosed in a Form 8-K filed with the U.S. Securities and Exchange Commission on February 17. MYNZ +30.0% premarket to $1.04. Source: Press Release More on Mainz Biomed B.V. Seeking Alpha’s Quant Rating on Mainz Biomed B.V. Historical earnings data for Mainz Biomed B.V. Financial information for Mainz Biomed B.V.
Seeking Alpha More on Energy Transfer Energy Transfer: Pause Before Earnings (Rating Downgrade) Energy Transfer Is Undervalued Heading Into Q4, With A Growing Distribution Energy Transfer's Most Important Earnings Report In Years Energy Transfer GAAP EPS of $0.25 misses by $0.11, revenue of $25.32B beats by $1.28B Energy Transfer Q4 2025 Earnings Preview
Seeking Alpha More on Energy Transfer Energy Transfer: Pause Before Earnings (Rating Downgrade) Energy Transfer Is Undervalued Heading Into Q4, With A Growing Distribution Energy Transfer's Most Important Earnings Report In Years Energy Transfer GAAP EPS of $0.25 misses by $0.11, revenue of $25.32B beats by $1.28B Energy Transfer Q4 2025 Earnings Preview
3 E Network Technology Group Limited has announced the strategic positioning of its Mikkeli, Finland project as a Nordic Compute Gateway, enhancing its global AI compute strategy. This initiative aims to expand AI infrastructure in the Nordic region, leveraging Finland's geopolitical stability and low-carbon resources. The project responds to evolving demands in high-performance computing by deplo...
3 E Network Technology Group Limited has announced the strategic positioning of its Mikkeli, Finland project as a Nordic Compute Gateway, enhancing its global AI compute strategy. This initiative aims to expand AI infrastructure in the Nordic region, leveraging Finland's geopolitical stability and low-carbon resources. The project responds to evolving demands in high-performance computing by deploying AI-native nodes adapted for next-generation chip architectures. The development highlights a...
Critics have given the Flotus flick 11% on the aggregator site, but the ‘verified ticket buyers’ score is a near perfect 98%. A campaign by activists, or a sign of our politically disparate times? If you’ve started to feel like you’re living in an entirely different reality from most of the world, there’s a good chance that it’s because you’ve been looking at the Rotten Tomatoes page for the Melan...
Critics have given the Flotus flick 11% on the aggregator site, but the ‘verified ticket buyers’ score is a near perfect 98%. A campaign by activists, or a sign of our politically disparate times? If you’ve started to feel like you’re living in an entirely different reality from most of the world, there’s a good chance that it’s because you’ve been looking at the Rotten Tomatoes page for the Melania Trump documentary . There you will find two diametrically opposed numbers. First is the official Rotten Tomatoes score – the one aggregated across published reviews by professional critics – which sits at a minuscule 11%. But then there is the audience rating, which is based on scores from members of the general public. That score, incredibly, is 98%. (Admittedly, this is a score confined to “verified ticket buyers” – Rotten Tomatoes has another section it calls “All Audience” where the reaction is more … mixed.) Of course, there has long been a chasm between public and critical opinion, which is why the film that won the most Oscars last year was a small character study about a disenfranchised stripper and the film that brought in the most money was about Minecraft. Even so, the disparity between the brutal reviews that Melania received (“The most depressing experience I have ever had in the cinema” – Mark Kermode) and the glowing public reviews (“Every red blooded American needs to see this movie to recognise the grace, sophistication and power of Flotius [sic]” – Jackie) is enough to give you whiplash. Continue reading...
(RTTNews) - Genuine Parts Company (GPC), an automotive and industrial replacement parts company, said on Tuesday that it plans to separate the company into two independent public companies, one comprising its Automotive Parts Group and the other comprising its Industrial Parts Gr
(RTTNews) - Genuine Parts Company (GPC), an automotive and industrial replacement parts company, said on Tuesday that it plans to separate the company into two independent public companies, one comprising its Automotive Parts Group and the other comprising its Industrial Parts Gr
South American and Caribbean partnership runs to 2031 Substantial rise contrasts with stagnant domestic rights The Premier League has secured a 25% increase on the value of its broadcast contact in South America and the Caribbean by agreeing a new deal with the American network ESPN. The Guardian has learned that ESPN has agreed to extend its long-standing partnership with the Premier League until...
South American and Caribbean partnership runs to 2031 Substantial rise contrasts with stagnant domestic rights The Premier League has secured a 25% increase on the value of its broadcast contact in South America and the Caribbean by agreeing a new deal with the American network ESPN. The Guardian has learned that ESPN has agreed to extend its long-standing partnership with the Premier League until 2031, with the new deal understood to be worth about £450m. The Premier League told the clubs about the new deal at the shareholders’ meeting last Friday, when they were also updated about TV rights contracts in other regions that are due to go out to tender shortly. Continue reading...
D-Wave Quantum (NYSE: QBTS) was one of the hottest quantum computing companies last year, with its share price rising 211%. But it hasn't had a good start to 2026, falling 25% as of Feb. 13. The company will report fourth-quarter and full-year 2025 earnings on Feb. 26 before the market opens. While playing earnings is popular, especially with volatile stocks like this one , you may want to think t...
D-Wave Quantum (NYSE: QBTS) was one of the hottest quantum computing companies last year, with its share price rising 211%. But it hasn't had a good start to 2026, falling 25% as of Feb. 13. The company will report fourth-quarter and full-year 2025 earnings on Feb. 26 before the market opens. While playing earnings is popular, especially with volatile stocks like this one , you may want to think twice if you're considering D-Wave in hopes of positive results this time. Image source: Getty Images. Continue reading
Citigroup Inc. shares have room to run due to improving profitability at the bank, Morgan Stanley analysts said after the stock hit a 17-year high this month. “We see another leg of outperformance ahead,” a team led by Manan Gosalia said in a note, naming Citi as their top pick among large US lenders. Gosalia expects Citi to achieve a return on tangible common equity — a measure of profitability —...
Citigroup Inc. shares have room to run due to improving profitability at the bank, Morgan Stanley analysts said after the stock hit a 17-year high this month. “We see another leg of outperformance ahead,” a team led by Manan Gosalia said in a note, naming Citi as their top pick among large US lenders. Gosalia expects Citi to achieve a return on tangible common equity — a measure of profitability — of 14% or more by 2030. That would be up from a 10% to 11% return targeted for 2026 . Citi shares have climbed 31% over the past year as Chief Executive Officer Jane Fraser pushes ahead with a turnaround plan. However, Gosalia’s new price target of $152 — the highest among analysts tracked by Bloomberg — implies a further 37% upside. The stock was the best performer on the KBW Bank Index last year, surging 66% in its biggest annual gain since 1999. Citi has become a popular stock among analysts, with 21 of 27 firms tracked by Bloomberg rating the shares buy and none rating it sell. The shares have fallen for the past four days amid declines for peers, yet analyst consensus suggests they could gain 22% over the next year. Morgan Stanley sees the bank adding market share across its businesses while also lowering its expense ratio. The analysts see Citi shares rising to $196 in a bull case, while falling to $87 in a bear case. Read: Citi Is Worth the Sum of Its Parts for First Time in Seven Years