(RTTNews) - Shares of Heineken N.V. were gaining around 5 percent in the morning trading in Amsterdam after the Dutch brewer reported Wednesday significantly higher profit in fiscal 2025 on IFRS basis, despite lower revenues. The firm also lifted dividend and said it anticipates fiscal 2026 operating profit to grow in the range of 2 percent to 6 percent. The company also announced plans to cut up ...
(RTTNews) - Shares of Heineken N.V. were gaining around 5 percent in the morning trading in Amsterdam after the Dutch brewer reported Wednesday significantly higher profit in fiscal 2025 on IFRS basis, despite lower revenues. The firm also lifted dividend and said it anticipates fiscal 2026 operating profit to grow in the range of 2 percent to 6 percent. The company also announced plans to cut up to 6,000 jobs globally over the next two years as part of its initiatives to accelerate productivity amid challenging market conditions. The firm said it now assumes an unchanged consumer environment in most of its markets and remain prudent in expectations for 2026 based on current conditions in the macro-economic landscape. The firm is also accelerating the disciplined execution of EverGreen 2030. In order to unlock significant savings, the company said it expects to reduce global workforce by approximately 5,000 to 6,000 roles over next two years through the productivity step-up, ongoing operating company optimisation, and the transition to MMOs. Timelines will vary by market, subject to local circumstances and processes. These actions will result in the proposed annual gross savings of 400 million euros to 500 million euros outlined at Capital Markets. Heineken added that for 2025, a total cash dividend of 1.90 euros per share will be proposed to the Annual General Meeting on April 23, a 2.2 percent increase to last year. If approved, a final dividend of 1.16 euros per share will be paid on May 5. In fiscal 2025, net profit on IFRS basis surged 92.7 percent to 1.89 billion euros. Earnings per share were 3.38 euros, up 94.3 percent. The prior year's results were impacted by impairment of the investment in China Resources Beer. On beia basis, net profit was 2.66 billion euros, an increase of 4.9 percent. Earnings per share were 4.78 euros, up 3.6 percent. IFRS operating profit dropped 3.2 percent year-over-year to 3.41 billion euros, while beia operating profit grew 4.4 p...
Lenders to Casino Guichard-Perrachon SA are ready to take over the beleaguered French supermarket chain in a plan of their own design. The loan lenders’ proposal follows months of negotiations in which they rejected an initial offer from Casino. Under the plan, the company would receive €1.21 billion ($1.44 billion) of capital from stakeholders to help repay the term loans and shore up Casino’s ba...
Lenders to Casino Guichard-Perrachon SA are ready to take over the beleaguered French supermarket chain in a plan of their own design. The loan lenders’ proposal follows months of negotiations in which they rejected an initial offer from Casino. Under the plan, the company would receive €1.21 billion ($1.44 billion) of capital from stakeholders to help repay the term loans and shore up Casino’s balance sheet, according to a presentation dated Feb. 10. With the proposal valuing the existing equity at close to zero, existing shareholders would need to chip in new funds to protect their stakes. Otherwise a steering committee of lenders are poised to backstop the full amount, by converting their debt to equity and stumping up cash. The lenders’ deal would entail a more significant debt reduction compared to the plan put forward by the company , according to the presentation, seeing the term loan reinstated at €500 million rather than €800 million. Discussions will continue, with the aim to complete its work on the restructuring by the end of the second quarter, according to the statement. This round of negotiations comes just two years after the supermarket chain agreed to a dramatic restructuring that converted nearly €5 billion of debt to equity and handed control of the company to Czech billionaire Daniel Kretinsky and a group of creditors. The group had previously been helmed by Jean-Charles Naouri , who led a debt-fuelled expansion that was eventually undermined by competition with other grocers and discounters. Naouri has since been convicted for entering into a pact with a well-known stockpicker that involved paying for favorable mentions of Casino’s shares. Naouri denies the corruption allegations and his lawyers said that he is challenging his conviction. Read More: Casino Fined €20 Million for Corrupt Payment to Stock Picker (2) Casino’s debtload includes a €1.41 billion term loan coming due in March 2027, and around €140 million of bonds issued by its subsidi...
Computer Modelling press release ( CMDXF ): Q3 Non-GAAP EPS of $0.07. Revenue of $32.7M (-9% Y/Y). Recurring revenue decrease by 4% (14% Organic decline and 10% growth from acquisitions) to $23.7 million; Adjusted EBITDA decreased by 30% to $9.7 million; Adjusted EBITDA Margin was 30% , compared to 39% in the comparative period; More on Computer Modelling Group Seeking Alpha’s Quant Rating on Comp...
Computer Modelling press release ( CMDXF ): Q3 Non-GAAP EPS of $0.07. Revenue of $32.7M (-9% Y/Y). Recurring revenue decrease by 4% (14% Organic decline and 10% growth from acquisitions) to $23.7 million; Adjusted EBITDA decreased by 30% to $9.7 million; Adjusted EBITDA Margin was 30% , compared to 39% in the comparative period; More on Computer Modelling Group Seeking Alpha’s Quant Rating on Computer Modelling Group Historical earnings data for Computer Modelling Group Dividend scorecard for Computer Modelling Group Financial information for Computer Modelling Group
Erik Isakson OpenAI ( SSNLF ), Samsung Electronics' IT unit ( SSNLF ) Samsung SDS, and SK Telecom ( SKM ) are preparing to start construction of data centers in South Korea in March, Science Minister Bae Kyung-hoon said at a parliamentary hearing in Seoul, Reuters reported. In October 2025, South Korea said that the U.S. AI company planned to establish joint ventures with the Korean companies to b...
Erik Isakson OpenAI ( SSNLF ), Samsung Electronics' IT unit ( SSNLF ) Samsung SDS, and SK Telecom ( SKM ) are preparing to start construction of data centers in South Korea in March, Science Minister Bae Kyung-hoon said at a parliamentary hearing in Seoul, Reuters reported. In October 2025, South Korea said that the U.S. AI company planned to establish joint ventures with the Korean companies to build two data centers with an initial capacity of 20 megawatts in the country, the report added . SK Telecom told the news outlet that it is in discussions with OpenAI to build a data center in southwestern South Korea, with the timing for beginning construction still under review. OpenAI, Samsung, and SK Telecom did not immediately respond to a request for comment from Seeking Alpha. More on tech stocks Wall Street Lunch: ChatGPT Tops 800M Weekly Active Users Microsoft: An OpenAI Problem (Rating Upgrade) SK Telecom Co., Ltd. (SKM) Q4 2025 Earnings Call Transcript ByteDance says AI chip development report is ‘inaccurate’ (update) OpenAI confirms ad testing will start today as Anthropic ad resonates with consumers
Analysis: Dingdong Acquisition Set to Bolster Meituan’s Online Grocery Business 00:00 00:00 /00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Photo: VCG Meituan has agreed to acquire the Chinese operations of Dingdong (Cayman) Ltd. for $717 million, a strategic move to consolidate China’s competitive fresh grocery e-commerce market. The deal unites two former rivals under one banner, enhancing M...
Analysis: Dingdong Acquisition Set to Bolster Meituan’s Online Grocery Business 00:00 00:00 /00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Photo: VCG Meituan has agreed to acquire the Chinese operations of Dingdong (Cayman) Ltd. for $717 million, a strategic move to consolidate China’s competitive fresh grocery e-commerce market. The deal unites two former rivals under one banner, enhancing Meituan’s competitiveness in a market dominated by Alibaba Group Holding Ltd.’s Freshippo and Walmart Inc.’s Sam’s Club. You've accessed an article available only to subscribers Subscribe today for just $.99. VIEW OPTIONS Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations. Subscribe to both Caixin Global and The Wall Street Journal — for the price of one. Share now and your friends will read it for free!
Oleh Stefaniak/iStock via Getty Images Quarterly Snapshot Performance The Strategy returned 3.65% (net of fees) and the Russell Midcap Index returned 0.16%. Key Drivers Strong stock selection in industrials and materials were the primary drivers of relative outperformance while stock selection within consumer staples was the biggest relative detractor. Summary We are somewhat cautious with broad e...
Oleh Stefaniak/iStock via Getty Images Quarterly Snapshot Performance The Strategy returned 3.65% (net of fees) and the Russell Midcap Index returned 0.16%. Key Drivers Strong stock selection in industrials and materials were the primary drivers of relative outperformance while stock selection within consumer staples was the biggest relative detractor. Summary We are somewhat cautious with broad equity markets trading near all-time highs, propelled by AI-driven market exuberance. Our portfolio positioning has become incrementally more defensive over the past quarter. Market and portfolio review US equity markets posted positive returns once again in Q4, although the small and large portions of the market were stronger performers, returning 2.19% and 2.41%, respectively. The mid-cap range was a relative laggard, with the Russell Mid Cap Index only slightly positive at 0.16%. Despite a roughly flat Q4, mid caps were up double-digits for the full year at +10.60%. From a sector perspective, performance was relatively mixed, with about half the sectors in the black and half the sectors in the red for the quarter. The top-performing areas were health care (+6.4%) followed by materials (+3.4%) and information technology (+2.5%), while the worst-performing sectors were real estate (-4.8%), communication services (-4.7%), and utilities (-3.6%). As has been the case for most of 2025, the artificial intelligence ( AI )-related spending theme continued to be a primary driver in equity markets, although we did see a bit of a breather in December due to intensified investor scrutiny around AI developments along with increased discussion of market bubbles. Many of the top-performing areas within the portfolio tended to be beneficiaries of the ongoing AI-spending buildout, including several of our top performers from industrials, materials and information technology. We continue to be mindful in evaluating valuation versus fundamentals in these cases, as there are many AI-related b...
Key Points Chevron's strong execution last year sets the stage for a big 2026. The oil company expects to generate significantly more free cash flow at the current oil price point. It has several additional catalysts, including higher oil prices and Venezuela. 10 stocks we like better than Chevron › Last year was a transformational year for Chevron (NYSE: CVX). The global oil and gas giant set pro...
Key Points Chevron's strong execution last year sets the stage for a big 2026. The oil company expects to generate significantly more free cash flow at the current oil price point. It has several additional catalysts, including higher oil prices and Venezuela. 10 stocks we like better than Chevron › Last year was a transformational year for Chevron (NYSE: CVX). The global oil and gas giant set production records, started up several major growth projects, and significantly strengthened its portfolio by closing its acquisition of Hess. These catalysts enabled Chevron to grow its adjusted free cash flow by 35% even as oil prices fell 15%, allowing it to return a record $27 billion to shareholders through dividends and repurchases. Chevron's strong execution last year sets the stage for even better performance in 2026. It could have the fuel to be the top-performing oil stock by the end of this year. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Ramping up in 2026 Chevron started up several major growth capital projects last year, including Ballymore and Whale in the Gulf of Mexico (also known as the Gulf of America in the U.S.) It also completed its Future Growth Project in Kazakhstan last year. Additionally, the company anticipates bringing more capacity online at its Leviathan field in Israel early this year. Those projects, along with a full year of production from its recently acquired Hess assets, put Chevron on pace to increase its output by 7% to 10% this year. That's a meaningful production increase from a company of its size (Chevron produced 3.7 million barrels of oil equivalent per day last year). The company also remains on track to deliver $3 billion to $4 billion in structural cost savings by the end of this year. This combination of growing production and falling costs supports Chevr...
"Body stigma content can be incredibly harmful to children, which is why our codes require sites and apps to protect children from encountering it, and to act swiftly when they become aware of it," a spokesperson for the regulator said.
"Body stigma content can be incredibly harmful to children, which is why our codes require sites and apps to protect children from encountering it, and to act swiftly when they become aware of it," a spokesperson for the regulator said.
GamePH/iStock via Getty Images The following segment was excerpted from the Oakmark U.S. Concentrated Strategy Q4 2025 Commentary. Portfolio Performance The portfolio's return was 8.36% (net) for the reporting period. This compares to the Russell 1000 Value Index that returned 3.81% for the same period. Performance highlights Contributors Warner Bros Discovery ( WBD ) Alphabet ( GOOG ) First Citiz...
GamePH/iStock via Getty Images The following segment was excerpted from the Oakmark U.S. Concentrated Strategy Q4 2025 Commentary. Portfolio Performance The portfolio's return was 8.36% (net) for the reporting period. This compares to the Russell 1000 Value Index that returned 3.81% for the same period. Performance highlights Contributors Warner Bros Discovery ( WBD ) Alphabet ( GOOG ) First Citizens Bancshares ( FCNCA ) Detractors Equifax ( EFX ) Paycom Software ( PAYC ) Liberty Broadband CI C ( LBRDK ) Top contributors: Warner Bros Discovery ( WBD ) was a contributor during the quarter. The U.S.-headquartered media company's stock price surged as multiple parties submitted offers to acquire all or part of the business. Following several rounds of bidding, WBD announced an agreement to sell its Streaming and Studios business to Netflix, while spinning the Global Networks business to shareholders. Paramount Skydance subsequently made a direct $30 per share offer to shareholders for the entire company. We are pleased with the steps the WBD board has taken thus far to unlock shareholder value. We will continue to closely monitor developments as this bidding war unfolds. Alphabet was a contributor during the quarter. The U.S.-headquartered technology conglomerate's stock price jumped after it delivered impressive third-quarter earnings. Search revenue growth beat consensus expectations as Google continues to see strong user engagement trends. Results were also ahead of expectations in the Cloud segment, and the outlook for this business remains robust given accelerating demand for AI compute. We continue to believe Alphabet is undervalued on a sum-of-the-parts basis and see potential for the company's AI leadership to drive further upside across the portfolio. First Citizens Bancshares was a contributor during the quarter. The U.S.-headquartered diversified bank's stock price rose after it delivered solid results, with earnings per share exceeding consensus expectation...