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Wishpond Enters into Asset Purchase Agreement to Sell Viral Loops for $2.3 Million to Strengthen Balance Sheet
Prnewswire· 2026-02-19 11:00
Wishpond Enters into Asset Purchase Agreement to Sell Viral Loops for $2.3 Million to Strengthen Balance Sheet [Accessibility Statement] Skip NavigationVANCOUVER, BC, Feb. 19, 2026 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of AI-enabled marketing-focused online business solutions, today announced that it has entered into an asset purchase agreement dated February 19, 2026 to sell its Viral Loops product and related assets ("Viral Loops") ...
EPAM Reports Results for Fourth Quarter and Full Year 2025
Prnewswire· 2026-02-19 11:00
expenses243,161216,969928,707816,300Depreciation and amortization expense30,78726,556124,81189,559Income from operations149,254136,512520,003544,584Interest and other income (loss), net(89)6,45111,54646,876Foreign exchange loss(5,344)(5,632)(25,925)(7,048)Income before provision for income taxes143,821137,331505,624584,412Provision for income taxes34,46734,032127,946129,879Net income$ 109,354$ 103,299$ 377,678$ 454,533Net income per share:Basic$ 1.99$ 1.82$ 6.76$ 7.93Diluted$ 1.98$ 1.80$ 6.72$ 7.84Shares us ...
SWI Capital Holding Ltd lists on Euronext Amsterdam
Prnewswire· 2026-02-19 09:42
Core Insights - SWI Capital Holding Ltd has officially listed its shares on Euronext Amsterdam under the ticker symbol "SWICH," marking a significant milestone for the company and its growth strategy [1] - The company has a proforma balance sheet of approximately €3.2 billion as of December 31, 2025, and a market capitalization of €1.619 billion at the introductory share price of €3.76 [1] - SWI Group operates as a global investment conglomerate with a diverse portfolio across various sectors, including digital infrastructure, real estate, financial institutions, hedge funds, and alternative investments [1] Company Overview - SWI Group employs over 280 people across 26 offices in 18 countries, showcasing its global presence [1] - The group has significant real estate capabilities through the Stoneweg Group, which holds a portfolio of over 300 assets primarily in Europe, the US, and the Maldives [1] - SWI Group also manages two publicly listed vehicles: SERT on the Singaporean Stock Exchange and Varia US on the Zurich SIX Stock Exchange [1] Investment Strategies - The company is actively involved in the development, acquisition, and management of data center assets through its subsidiary AiOnX, aiming to build high-quality, income-generating infrastructure [1] - SWI Group's investment strategies include partnerships with banks, asset managers, and FinTech companies, allowing it to adapt to the evolving financial landscape [1] - The company is expanding its entertainment division with investments in sports and cultural landmarks, including Icona Racing and the Never Say Never sports agency platform [1] Recent Developments - SWI Capital Holding is in advanced negotiations to acquire a significant stake in digital infrastructure and technology-enabled businesses, although no assurance of a deal has been provided [1] - The listing is seen as a strategic move to strengthen the company's capacity to scale and attract long-term capital [1]
AB Electrolux publishes 2025 Annual Report
Prnewswire· 2026-02-19 09:34
Core Insights - AB Electrolux has published its 2025 Annual Report, highlighting a renewed strategy focused on growth and operating margin targets [1] Group 1: Renewed Strategy - The renewed strategy is centered around four key pillars: cash generation, cost leadership, lifetime value creation, and consumer preference [1] - Cash generation aims for organic growth and healthy margins through disciplined financial management, reduced capital expenditure, and investment decisions focused on measurable returns [1] - Cost leadership emphasizes product cost-out, value engineering, and enhanced supplier strategy to drive efficiency and reduce costs [1] - Lifetime value creation focuses on connected products that enhance durability and consumer value, aiming to engage consumers throughout the ownership journey [1] - Consumer preference involves refining brand positioning and launching new products under Electrolux, AEG, and Frigidaire, which received high consumer ratings [1] Group 2: Sustainability Highlights - The Group achieved a total case incident rate of 0.33, indicating strong health and safety performance [1] - Recycled materials accounted for 23% of the materials used in products manufactured by the Group [1] - In 2025, 97% of electricity and 67% of total energy in operations came from renewable sources [1] - Emissions were reduced by 45% in Scope 1 and 2, and by 33% in Scope 3 compared to 2021 [1] - The most resource-efficient products accounted for 26% of total units sold and 36% of gross profit [1]
SAP Proposes Dividend of €2.50 per Share
Prnewswire· 2026-02-19 07:00
Core Viewpoint - SAP SE recommends a dividend of €2.50 per share for fiscal year 2025, marking a 6.4% increase from the previous year [1] Group 1: Dividend Details - The proposed dividend represents an increase of €0.15 compared to the dividend paid for fiscal year 2024 [1] - If approved, the total dividend distribution would amount to approximately €2.919 billion, up from €2.743 billion in 2024, with a payout ratio of 40.7% compared to 52.0% in 2024 [1][2] - The record date for the dividend payment is set for May 5, 2026, with the ex-dividend date on May 6, 2026, and payment scheduled for May 8, 2026 [6] Group 2: Shareholder Benefits - SAP emphasizes that shareholders should benefit from the profits made in 2025, adhering to a dividend policy of distributing 40% or more of Non-IFRS profit after tax [2] - The final dividend amount for holders of SAP ADRs will depend on the euro/US dollar exchange rate, as dividends are paid in euros [2]
Kyndryl launches Cyber Defense Operations Center to unify enterprise IT operations
Prnewswire· 2026-02-19 05:01
Core Insights - Kyndryl has launched its first Cyber Defense Operations Center in Bengaluru, India, aimed at unifying network and security operations to enhance resilience and incident response [1] - The new center addresses the increasing complexity of IT environments, driven by AI-related cyber risks and the demand for continuous service delivery [1] - Only 31% of organizations are prepared for external business risks, with technology complexity being a significant barrier to scaling AI [1] Group 1: Cyber Defense Operations Center - The Cyber Defense Operations Center integrates network and security operations into a single operating model, providing global customers with expertise in cybersecurity and network operations [1] - The center offers end-to-end services, including advisory, design, implementation, and managed operations, to help enterprises modernize their IT environments [1] - Kyndryl's approach includes automated operations, role-based dashboards, and AI-enabled assessment services to enhance visibility and collaboration [1] Group 2: Market Context and Demand - Enterprises are facing faster and more intelligent cyber risks due to the rise of agentic AI and a shortage of skilled talent to manage these risks [1] - Kyndryl plans to expand the Cyber Defense Operations Center beyond India to meet growing global demand for integrated operating models [1] - The center is part of Kyndryl's broader portfolio of network and security services designed for the AI era, including advanced data center networking and secure access service edge (SASE) [1]
Supreme Courts of Singapore and Cambodia Sign Memorandum of Understanding for Judicial Cooperation
Prnewswire· 2026-02-19 03:51
Supreme Courts of Singapore and Cambodia Sign Memorandum of Understanding for Judicial Cooperation [Accessibility Statement] Skip NavigationSINGAPORE, Feb. 18, 2026 /PRNewswire/ -- On 10 February 2026, the Supreme Court of the Republic of Singapore and the Supreme Court of the Kingdom of Cambodia signed a Memorandum of Understanding (MOU) to promote bilateral judicial cooperation.Continue ReadingOn 10 February 2026, The Honourable the Chief Justice Sundaresh Menon made a courtesy call on the President of th ...
Boeing and Sun PhuQuoc Airways Announce Order for Up to 40 787 Dreamliner Jets
Prnewswire· 2026-02-19 02:00
Core Viewpoint - Boeing and Sun PhuQuoc Airways have announced an order for up to 40 787 Dreamliner jets, marking a significant step in enhancing tourism and economic growth on Phu Quoc Island, Vietnam [1] Group 1: Company Developments - Sun PhuQuoc Airways, Vietnam's first airline named after an island, aims to establish a world-class airline that integrates with the tourism ecosystem developed by Sun Group [1] - The airline plans to expand its fleet to 100 aircraft by 2030, positioning itself to capture the growing demand for premium tourism in Vietnam [1] Group 2: Aircraft Specifications and Benefits - The 787-9 Dreamliner has a range of 7,565 nautical miles (14,010 km), enabling efficient connections from Phu Quoc to major cities across Asia, Europe, and North America [1] - The aircraft is designed for superior passenger comfort, featuring the largest windows of any widebody airplane and lower cabin altitude pressurization, enhancing the travel experience [1] Group 3: Market Context - Southeast Asia is expected to experience significant air travel growth over the next 20 years, with Vietnam projected to be the fastest-growing aviation market in the region, anticipating nearly 8% annual passenger growth by 2030 [1] - The global fleet of 787 Dreamliners has launched over 535 new nonstop routes and carried more than 1.2 billion passengers since its introduction in 2011, contributing to enhanced global connectivity [1]
Ecopetrol announces the dates for the presentation of its fourth quarter and full-year 2025 results report and conference call
Prnewswire· 2026-02-19 01:59
Group 1 - Ecopetrol S.A. plans to release its financial and operating results for Q4 2025 and the full year on March 4, 2026, after market close [1] - A virtual conference will be held on March 5, 2026, at 9:00 a.m. Colombia Time and New York Time, with simultaneous transmission in Spanish and English [1] - The company is the largest in Colombia, responsible for over 60% of the country's hydrocarbon production, and has significant roles in transportation, logistics, and refining [1] Group 2 - Ecopetrol has acquired 51.4% of ISA's shares, expanding its participation in energy transmission and real-time systems management [1] - The company has international operations in strategic basins across the Americas, including drilling and exploration in the U.S., Brazil, and Mexico [1] - Ecopetrol holds leading positions in power transmission in Brazil, Chile, Peru, and Bolivia, as well as in road concessions and telecommunications in Chile [1]
Ultragenyx Pharmaceutical Inc. (RARE) Investors: April 6, 2026, Filing Deadline in Securities Fraud Class Action - Contact Kessler Topaz Meltzer & Check, LLP
Prnewswire· 2026-02-19 01:49
Core Viewpoint - A securities fraud class action lawsuit has been filed against Ultragenyx Pharmaceutical Inc. for alleged material misstatements regarding its drug setrusumab, affecting investors who purchased stock between August 3, 2023, and December 26, 2025 [1] Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Northern District of California, under the case name Bailey v. Ultragenyx Pharmaceutical Inc., et al, Case No. 3:26-cv-01097 (N.D. Cal.) [1] - Investors have until April 6, 2026, to file for lead plaintiff status [1] Allegations - The complaint alleges that Ultragenyx misrepresented the reliability of information regarding the effects of setrusumab on patients with Osteogenesis Imperfecta, downplaying the risk of failure in achieving statistically significant results in the Phase III Orbit study [1] - It is claimed that Ultragenyx's optimism regarding the study's results was unfounded, as the Phase II results lacked a placebo control group, raising concerns about the validity of the reported reduction in annualized fracture rate (AFR) [1] - The lawsuit asserts that the positive statements made by the company about its business and prospects were materially misleading and lacked a reasonable basis [1] Investor Actions - Investors can retain counsel of their choice, contact Kessler Topaz Meltzer & Check, LLP for a free case evaluation, or file to be lead plaintiff by the April 6, 2026 deadline [1] - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or group of investors with the largest financial interest [1]