Earnings Call Insights: Borr Drilling Limited (BORR) Q4 2025 Management View Bruno Morand, Chief Executive Officer, began by highlighting safety milestones across the fleet, noting "several of our rigs achieved noteworthy safety milestones" and that Arabia III received an award from Aramco's offshore department for best safety score in 2025. Morand stated, “Our operational performance in the fourt...
Earnings Call Insights: Borr Drilling Limited (BORR) Q4 2025 Management View Bruno Morand, Chief Executive Officer, began by highlighting safety milestones across the fleet, noting "several of our rigs achieved noteworthy safety milestones" and that Arabia III received an award from Aramco's offshore department for best safety score in 2025. Morand stated, “Our operational performance in the fourth quarter was solid with technical utilization of 98.8% and an economic utilization of 97.8%.” He outlined that fourth quarter operational revenues totaled $259.4 million, with adjusted EBITDA at $105.4 million, bringing full year adjusted EBITDA to $470.1 million at the top end of the guidance range. Morand underscored improved contract visibility, saying, “Recent awards and extensions have increased 2026 coverage to 80% in the first half and 48% in the second half, including the recently acquired rigs.” He signaled optimism about the jack-up market, stating, “We believe the jack-up market bottom is behind us now, and we see fundamentals recovering gradually as demand increases.” Morand announced the acquisition of five premium rigs from Noble, stating, “We are pleased to have expanded our fleet to the accretive acquisition of 5 premium rigs from Noble... Integration is in progress and ahead of expectation.” Magnus Vaaler, Chief Financial Officer, stated, "Total operating revenues was $259.4 million, a decrease of $17.7 million or 6.4% from Q3. This is mainly explained by $16 million decrease in day rate revenue, primarily due to rigs transitioning into contracts with lower day rates." Vaaler reported, “The company's cash and cash equivalents as of December 31 were $379.7 million. In addition, we have $234 million of undrawn revolving credit facilities, resulting in total liquidity of $613.7 million.” He added, “We completed an offering of an additional $165 million of bonds due in 2030 issued at par. In addition, we completed an equity offering raising gross proceeds of $...
Earnings Call Insights: Tronox Holdings plc (TROX) Q4 2025 Management View John Romano, CEO, emphasized that "Tronox delivered a stronger finish to 2025 than anticipated by remaining focused on the things we can control and influence." He highlighted achieving the company's best safety performance in over a decade and cited higher-than-expected TiO2 volumes in Q4, a trend previously only seen duri...
Earnings Call Insights: Tronox Holdings plc (TROX) Q4 2025 Management View John Romano, CEO, emphasized that "Tronox delivered a stronger finish to 2025 than anticipated by remaining focused on the things we can control and influence." He highlighted achieving the company's best safety performance in over a decade and cited higher-than-expected TiO2 volumes in Q4, a trend previously only seen during the 2020 COVID period. Romano noted that anti-dumping duties drove increased market share in India and other protected regions, indicating "a structural change in the global TiO2 trade flows." He reported that TiO2 prices were lower in Q4 but that price increases are now being implemented and showing results in Q1 2026. The company announced closures of two pigment plants, including Fuzhou in China and Botlek, as part of a strategy to streamline the footprint and improve long-term cost structure. Romano stated, "these actions streamline our footprint and improve our cost structure over the long term while ensuring we can continue to reliably serve customers through a more efficient global network." Tronox exited 2025 with more than $90 million in run rate savings from its sustainable cost improvement program, with a target of $125 million to $175 million by the end of 2026. CFO John Srivisal reported, "For the full year 2025, we generated revenue of $2.9 billion... Loss from operations was $253 million and net loss attributable to Tronox was $470 million." He attributed these results to unfavorable pricing, mix, lower volumes, and $233 million in restructuring and other charges. Outlook Tronox expects Q1 2026 TiO2 volumes to be relatively flat sequentially, with growth in all regions except Asia, due to a temporary halt of duties in India. The company anticipates TiO2 pricing to rise approximately 2% to 4% sequentially, with positive mix benefit from sales in higher-value regions. Zircon volumes are expected to mirror Q4 performance, and the company is optimistic about i...
MARKHAM, Ontario, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“ Sienna ” or the “ Company ”) (TSX: SIA) today announced its financial results for the three and twelve months ended December 31, 2025.
MARKHAM, Ontario, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“ Sienna ” or the “ Company ”) (TSX: SIA) today announced its financial results for the three and twelve months ended December 31, 2025.
(RTTNews) - Klépierre, the European leader in shopping malls, reported full-year 2025 net current cash flow of 780.4 million euros or 2.72 euros per share, compared to 746.5 million euros or 2.60 euros per share last year.
(RTTNews) - Klépierre, the European leader in shopping malls, reported full-year 2025 net current cash flow of 780.4 million euros or 2.72 euros per share, compared to 746.5 million euros or 2.60 euros per share last year.
On February 17, 2026, Connecticut-based H/2 Credit Manager disclosed a new position in Boston Properties (NYSE:BXP) , acquiring 268,110 shares in a trade estimated at $18.09 million. According to an SEC filing dated February 17, 2026, H/2 Credit Manager LP established a new holding in Boston Properties during the fourth quarter, acquiring 268,110 shares. The position’s quarter-end value totaled $1...
On February 17, 2026, Connecticut-based H/2 Credit Manager disclosed a new position in Boston Properties (NYSE:BXP) , acquiring 268,110 shares in a trade estimated at $18.09 million. According to an SEC filing dated February 17, 2026, H/2 Credit Manager LP established a new holding in Boston Properties during the fourth quarter, acquiring 268,110 shares. The position’s quarter-end value totaled $18.09 million. Boston Properties is the largest publicly held developer and owner of Class A office properties in the United States. The company leverages its scale and expertise in prime urban markets to attract high-credit tenants and maintain high occupancy rates. Its integrated REIT platform and focus on premier office assets provide a competitive advantage in delivering stable cash flows and long-term value for shareholders. Continue reading
Jeffrey Damnit says actor punched him and second man on Tuesday, calling both ‘faggot’ repeatedly One of the men whom Shia LaBeouf allegedly battered and insulted with a homophobic slur on Mardi Gras morning in New Orleans on Tuesday, leading to his arrest, would like to see the actor face hate crime charges. Jeffrey Damnit, who dresses in drag and was in makeup at the time of the encounter with L...
Jeffrey Damnit says actor punched him and second man on Tuesday, calling both ‘faggot’ repeatedly One of the men whom Shia LaBeouf allegedly battered and insulted with a homophobic slur on Mardi Gras morning in New Orleans on Tuesday, leading to his arrest, would like to see the actor face hate crime charges. Jeffrey Damnit, who dresses in drag and was in makeup at the time of the encounter with LaBeouf , said on Thursday that the behavior attributed to the Transformers film franchise star was “a complete slap in the face to any alternative-culture person”. Continue reading...
Frequent flyers who hold a United Airlines co-branded credit or debit card can soon earn up to twice as many miles as noncardholders, effectively rewarding the airline’s biggest spenders.
Frequent flyers who hold a United Airlines co-branded credit or debit card can soon earn up to twice as many miles as noncardholders, effectively rewarding the airline’s biggest spenders.
Meta reduced its annual distribution of stock options by about 5% for most of its staff, as chief executive Mark Zuckerberg ploughs billions of dollars into artificial intelligence build out, the Financial Times reported on Thursday. (Reporting by Jaspreet Singh in Bengaluru; Editing by Alan Barona)
Meta reduced its annual distribution of stock options by about 5% for most of its staff, as chief executive Mark Zuckerberg ploughs billions of dollars into artificial intelligence build out, the Financial Times reported on Thursday. (Reporting by Jaspreet Singh in Bengaluru; Editing by Alan Barona)
Telix Pharmaceuticals press release ( TLX ): FY GAAP EPS from continuing operations after income tax attributable to the ordinary equity holders of the company of -$2.11 misses by $2.14 . Revenue of $803.8M (+55.6% Y/Y) misses by $22.79M . More on Telix Pharmaceuticals Telix Pharmaceuticals Limited (TLX) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Seeking Alpha’s Quant Rat...
Telix Pharmaceuticals press release ( TLX ): FY GAAP EPS from continuing operations after income tax attributable to the ordinary equity holders of the company of -$2.11 misses by $2.14 . Revenue of $803.8M (+55.6% Y/Y) misses by $22.79M . More on Telix Pharmaceuticals Telix Pharmaceuticals Limited (TLX) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Seeking Alpha’s Quant Rating on Telix Pharmaceuticals Historical earnings data for Telix Pharmaceuticals Financial information for Telix Pharmaceuticals
OpenAI said it has “visibility into what we are going to need” regarding chip supply, while emphasizing the need for democratic nations to develop shared safety standards for artificial intelligence. The startup is working with strategic partners who are “supportive” in terms of providing access to chips, Chief Global Affairs Officer Chris Lehane told Bloomberg Television. He added that OpenAI exe...
OpenAI said it has “visibility into what we are going to need” regarding chip supply, while emphasizing the need for democratic nations to develop shared safety standards for artificial intelligence. The startup is working with strategic partners who are “supportive” in terms of providing access to chips, Chief Global Affairs Officer Chris Lehane told Bloomberg Television. He added that OpenAI executives remain vigilant about supply chain issues, ensuring they “sleep with one eye open” to verify availability. Read: Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis Lehane, who’s attending an AI summit in India with Chief Executive Officer Sam Altman, also emphasized the importance of international cooperation on governance, pointing to AI safety institutes emerging in the US, UK and Japan, and drawing parallels to the International Atomic Energy Agency. “Democratic societies do need to start to develop shared safety standards on this technology,” Lehane said in the interview. Also read: OpenAI Funding on Track to Top $100 Billion in Latest Round This story was produced with the assistance of Bloomberg Automation.
Amcor (NYSE: AMCR) may not be flashy, but this global packaging leader is quietly building momentum after its Berry merger. With a 5.3% dividend yield, rising profits, and strong synergy guidance, the setup could offer steady income and potential upside. This could be the kind of
Amcor (NYSE: AMCR) may not be flashy, but this global packaging leader is quietly building momentum after its Berry merger. With a 5.3% dividend yield, rising profits, and strong synergy guidance, the setup could offer steady income and potential upside. This could be the kind of
HSBC cut 10% of its US-based debt capital markets team, continuing to cull costs after announcing a revamp of the business last October, according to people familiar with the matter. At least six people in New York were let go Thursday, according to the people, who asked not to be identified discussing private information. The employees included one managing director, two directors, two associates...
HSBC cut 10% of its US-based debt capital markets team, continuing to cull costs after announcing a revamp of the business last October, according to people familiar with the matter. At least six people in New York were let go Thursday, according to the people, who asked not to be identified discussing private information. The employees included one managing director, two directors, two associates and one analyst, according to one of the people. HSBC unveiled a cost-cutting program last year as Chief Executive Officer Georges Elhedery tries to strip out layers of management and cut 8% of employee costs, aiming to save $1.8 billion. Since taking the helm in 2024, he has combined HSBC’s commercial and investment banking units, while making operations in the UK and Hong Kong standalone businesses. HSBC also pulled back from M&A and equity capital markets in the UK, Europe and the US to focus on Asia and the Middle East. In an email, an HSBC spokesperson declined to comment on individuals but said the bank is committed to retaining talent and is proud of its DCM business. Read more: Wall Street Eliminated 10,600 Jobs Last Year, Most Since 2016 HSBC is set to report earnings on Wednesday after its US rivals posted strong results during the fourth quarter. The bank has been consistently among the top 10 underwriters for US corporate debt sales over the past three years, according to data compiled by Bloomberg.
Guardian review of US justice department files reveals Epstein interacted with six CBP officers. The officer investigated denied any knowledge of trafficking underage girls Federal investigators examined Jeffrey Epstein’s relationship with a Customs and Border Protection (CBP) officer who worked at the St Thomas airport to which Epstein regularly flew on his private planes before traveling by boat...
Guardian review of US justice department files reveals Epstein interacted with six CBP officers. The officer investigated denied any knowledge of trafficking underage girls Federal investigators examined Jeffrey Epstein’s relationship with a Customs and Border Protection (CBP) officer who worked at the St Thomas airport to which Epstein regularly flew on his private planes before traveling by boat or helicopter to his private island, newly released documents reveal. As part of that investigation, which did not result in any charges, investigators also issued subpoenas related to three additional CBP officers working at the Cyril E King Airport (STT) on St Thomas, documents show. The Guardian also identified two other CBP officers on St Thomas and in Florida who were in contact with Epstein, based on emails and text messages between Epstein, his staff and the officers. It does not appear the FBI ever investigated those two officers. Continue reading...
"Blue Chip" Income Factory LongHa2006/iStock via Getty Images Readers familiar with my investing philosophy know that I am a big fan of using high cash income investments to "create my own growth" through reinvesting and compounding. This tends to cause me to invest mostly in corporate credit asset classes, like senior secured loans, high-yield bonds, business development companies ("BDCs"), as we...
"Blue Chip" Income Factory LongHa2006/iStock via Getty Images Readers familiar with my investing philosophy know that I am a big fan of using high cash income investments to "create my own growth" through reinvesting and compounding. This tends to cause me to invest mostly in corporate credit asset classes, like senior secured loans, high-yield bonds, business development companies ("BDCs"), as well as other high-yielding assets (debt and equity) that generate interest or dividend income in the high single digits or even low double digits. This allows me to target the typical historical average "equity return" of 9%-10% per annum without having to be dependent on capital gains, like investors in traditional equity, like the S&P 500, whose cash yield only averages about 1.5%. With such a low cash yield, typical equity "growth" investors need to achieve a capital gain averaging about 8% every year to make up the difference between 1.5% and their 9%-10% target return. For me and many of my readers, investing in loans, bonds, and other consistently high-paying fixed-income assets, whose reinvested and compounded cash flows eliminate most or all of the need for capital gains, allows us to sleep better at night through volatile market periods, avoiding the angst of equity investors earning puny yields while waiting for markets to recover. The icing on our cake is our realization that when prices drop, even on our own assets (which has been happening lately!), as well as the market in general, we can grow our income at a faster rate than ever, since we can reinvest and compound at bargain prices, which means higher reinvestment yields. UTG, A Fund That Does It All The Reaves Utility Income Fund ( UTG ) is a fund that lets us have it all: (1) a solid, steady cash flow that continues through thick and thin, all sorts of stock markets and economic cycles, plus (2) some serious income growth over the more than two decades since its inception in 2004. To put some numbers on tha...
(RTTNews) - Park Hotels & Resorts Inc. (PK) Thursday reported a fourth-quarter net loss of $205 million or $1.04 per share, compared to net income of $66 million or $0.32 per share.
(RTTNews) - Park Hotels & Resorts Inc. (PK) Thursday reported a fourth-quarter net loss of $205 million or $1.04 per share, compared to net income of $66 million or $0.32 per share.