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2026: The year TL carriers turn the tide?
Yahoo Finance· 2026-02-23 12:00
“I’ll let [the OEMs] speak to their business … but I think they got some real obstacles ahead of them relative to anything that could lead to excess capacity coming into the market over the next couple of years,” Leathers said.The notion of a truck prebuy is also at odds with fourth-quarter reports, which showed many carriers are still struggling to effectively utilize the equipment they already own.His forecast also calls for replacement-level (or below) Class 8 tractor builds this year. It took the OEMs 1 ...
Don’t retire yet if these 5 warning signs apply to you (even if you think you have enough cash)
Yahoo Finance· 2026-02-23 12:00
It’s easy to assume you’re ready to leap into retirement the day you hit your "magic number.” After all, why would anyone continue working if they can passively generate enough money to live on? Retirement is a little more nuanced, though. You may have enough cash to support yourself, but there could be other reasons to consider delaying retirement just a little bit longer. Must Read If you’re closing in on your goal, here are the five warning signs you may want to consider before making the life-alter ...
Foreign state ownership of media companies is ‘bad idea’, says Netflix boss
Yahoo Finance· 2026-02-23 11:59
Ted Sarandos, Netflix’s co-chief executive, says Gulf states will probably have editorial influence - Kevin Dietsch/Getty The boss of Netflix has hit out at a rival Middle East-backed takeover bid for Warner Bros, claiming that foreign state ownership of media companies is a “bad idea”. Ted Sarandos, co-chief executive of Netflix, has criticised the involvement of Saudi Arabia, the United Arab Emirates and Qatar in Paramount’s $108bn (£80bn) offer for Warner Bros, highlighting restrictions on free speech ...
Are Wall Street Analysts Bullish on Deckers Outdoor Stock?
Yahoo Finance· 2026-02-23 11:57
Goleta, California-based Deckers Outdoor Corporation (DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. Valued at a market cap of $16.8 billion, the company offers its products under the UGG, HOKA, Teva, Koolaburra, and AHNU brand names. DECK's shares have underperformed the broader market over the past year and have outperformed in 2026. DECK stock has declined 20.9% over the past ...
Vitalik Buterin dumps over $8m Ethereum as price sinks below $1,900
Yahoo Finance· 2026-02-23 11:53
Ethereum co-founder Vitalik Buterin sold over $8 million worth of tokens from his personal wallet over the weekend, onchain tracking platform Arkham shows. And he’s still unloading Ether in big batches at time of reporting. Onchain data shows Buterin continues to liquidate five-figure clips up to $85,000 worth of Ethereum for stablecoins through the decentralised exchange Cow Swap. Buterin’s move extends his $7 million in Ether selling from earlier in February. He said that selloff aimed to fund new ini ...
Enel to acquire US wind and solar portfolio totalling 830MW of capacity
Yahoo Finance· 2026-02-23 11:52
Core Viewpoint - Enel has formalized agreements to acquire a portfolio of wind and solar power plants in the US with a total installed capacity of 830MW for approximately $1bn, enhancing its renewable energy portfolio in North America [1][2]. Group 1: Acquisition Details - The acquisition is conducted through Enel Green Power North America (EGPNA) and involves purchasing assets from Excelsior Energy Capital [1]. - The enterprise value of the entire portfolio is estimated at around $1.3bn [1]. - The deal is expected to be completed in the third quarter of 2026, pending regulatory approvals [2]. Group 2: Financial Impact - Enel anticipates an annual increase of approximately $145m in consolidated ordinary earnings before interest, taxes, depreciation, and amortization following the acquisition [2]. Group 3: Strategic Alignment - Post-acquisition, Enel expects to achieve around 13GW of installed renewable capacity in North America, which includes wind, solar, and storage facilities [3]. - This acquisition aligns with Enel Group's strategy to expand its renewable generation portfolio by acquiring operational assets in advanced markets [3]. Group 4: Company Overview - Enel operates in 28 countries and manages approximately 93GW of global electricity generation capacity [3]. - The renewables division, Enel Green Power, holds around 68GW of various renewable energy sources [4]. - Enel's distribution network spans 1.8 million kilometers and connects 69 million end-users globally [4].
Is Wall Street Bullish or Bearish on FactSet Research Stock?
Yahoo Finance· 2026-02-23 11:51
Norwalk, Connecticut-based FactSet Research Systems Inc. (FDS) operates as a financial data and analytics platform and enterprise solutions provider for the investment community. Valued at a market capitalization of $7.2 billion, the company offers data, products, and analytical applications, as well as workstations, portfolio analytics, and enterprise data solutions, along with managed services to support data, performance, and risk. FDS’ shares have underperformed the broader market over the past year ...
Pictet to administer Pareto’s Luxembourg UCITS fund
Yahoo Finance· 2026-02-23 11:50
Core Insights - Pictet Asset Services has been appointed by Pareto Asset Management to provide custody, management company, and fund administration services for the Pareto SICAV, a Luxembourg-domiciled UCITS umbrella fund, starting from November 2025 [1][2] - The partnership aims to enhance Pictet's presence in the Nordic asset management sector and support Pareto's growth ambitions [2][3] Group 1: Partnership Details - The Pareto SICAV umbrella fund consists of four subfunds with total assets amounting to €3.2 billion ($3.7 billion) [2] - The fund is authorized for distribution in multiple markets, including Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, the UK, Iceland, Italy (for professional investors), Netherlands, Norway, and Sweden [3] Group 2: Company Statements - Pictet Asset Services CEO Marc Briol expressed satisfaction in being chosen as the asset services provider for Pareto, highlighting the significance of this collaboration in the Nordic asset management landscape [1][2] - Pareto Asset Management CEO Eric von Koss Torkildsen emphasized the quality of service provided by Pictet during the selection process and the shared values of both institutions regarding long-term thinking and responsible investing [3][4] Group 3: Financial Performance - For the year ending December 31, 2025, Pictet Group reported assets under management or custody of SFr757 billion ($987 billion), an increase from SFr724 billion in 2024 [5]
Qualcomm–Tata tie-up for automotive module manufacturing
Yahoo Finance· 2026-02-23 11:47
Core Insights - Qualcomm Technologies and Tata Electronics have formed a partnership to manufacture Qualcomm Automotive Modules at Tata's semiconductor facility in India, enhancing the global network of module manufacturing partners [1][2] Group 1: Manufacturing and Investment - Production of Qualcomm Automotive Modules will take place at Tata Electronics' new semiconductor assembly and test facility in Assam, aligning with India's "Make in India" initiative and diversifying semiconductor supply chains [2][4] - Tata Electronics is investing $3 billion in its Jagiroad plant, which is touted as India's first indigenous OSAT facility, focusing on advanced packaging technologies for automotive and other applications [4][5] Group 2: Strategic Importance - The collaboration is a significant milestone in Qualcomm's automotive growth strategy, as the industry shifts towards integrated, module-based architectures, necessitating expanded manufacturing capacity in key regions [3][6] - Local manufacturing aims to serve both Indian and international automakers, enhancing supply-chain resilience and geographic diversification [4][5] Group 3: Technological Collaboration - Qualcomm's Automotive Modules integrate Snapdragon Digital Chassis system-on-chips with essential components for applications such as digital cockpits and intelligent vehicle functions [3][4] - Qualcomm has also announced a letter of intent with Volkswagen Group for a long-term supply arrangement focused on advanced infotainment and connectivity features powered by Snapdragon Digital Chassis solutions [6][7]
RevSpring acquires healthcare payment gateway TrustCommerce
Yahoo Finance· 2026-02-23 11:47
Core Insights - RevSpring has acquired TrustCommerce to enhance its healthcare payment and security solutions, aiming to accelerate product development in financial engagement and payments [1] - The acquisition is expected to simplify vendor relationships for providers and partners, leading to a more unified payments foundation while maintaining flexibility in banking and merchant relationships [2] Group 1: Acquisition Details - RevSpring's acquisition of TrustCommerce will integrate its enterprise gateway connectivity into RevSpring's payments and financial engagement platform [2] - TrustCommerce's integrated payments capabilities will extend RevSpring's reach in EHR-integrated payments while supporting flexibility in merchant services [3] Group 2: Operational Impact - The acquisition will allow customers to choose between RevSpring's merchant platform or retain existing relationships, ensuring continued integration [4] - Expanded gateway integrations will enhance connectivity to payment processors and devices, supporting routing options and bring-your-own-merchant onboarding [4] Group 3: Company Overview - RevSpring processes over 60 million payment transactions annually, collecting more than $14 billion in patient payments each year [5]