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Seeing Machines CEO and CFO on H1 trading update, upcoming EBITDA inflection point
Yahoo Finance· 2026-02-18 09:40
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF, FRA:M2Z) CEO Paul McGlone talked with Proactive's Stephen Gunnion about the company's FY2026 half-year trading update, highlighting accelerating automotive royalty growth, improving margins and the expected inflection to positive adjusted EBITDA in Q3. Joining him, CFO Martin Ive outlined balance sheet developments, cash flow expectations and refinancing plans. McGlone said the results mark a critical turning point, noting the business is now just six months away fro ...
Talanx gains full ownership of Warta and TU Europa in Poland
Yahoo Finance· 2026-02-18 09:39
Talanx has secured full ownership of two major Polish insurance companies, Warta and TU Europa, following the end of its long-standing partnership with Meiji Yasuda Life Insurance Company. The transfer of shares was concluded on 16 February 2026, after both parties agreed to finalise their alliance on 31 December 2025. The terms for the transaction were set in December 2024. Through this agreement, Talanx purchased Meiji Yasuda’s remaining 24.3% share in Warta and 50% minus one share in TU Europa. Fin ...
Italy’s Intesa Sanpaolo Discloses Bitcoin ETF Position: Why A $100M Bank Bet Matters For New Investors?
Yahoo Finance· 2026-02-18 09:30
Is this investment like a "seal of approval." When a massive entity allocates capital, it validates Bitcoin as a legitimate investable asset class, not just "internet magic money." This reflects the broader trend of Institutional Adoption, where major players move from skepticism to active participation. DISCOVER: Top 20 Crypto to Buy in 2026 Intesa Sanpaolo, Italy's largest banking institution and one of Europe's largest banks, has disclosed approximately $96 million in spot Bitcoin exchange-traded funds i ...
PGE in $1.9B deal to buy PacifiCorp’s Washington utility operations
Yahoo Finance· 2026-02-18 09:27
This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. Portland General Electric is in a $1.9 billion deal with a partner to buy PacifiCorp's utility operations in Washington, the companies said Tuesday. PGE's partner in the deal is Manulife Infrastructure Fund III and its affiliates, including John Hancock Life Insurance Co. If the transaction is approved, Manulife will own 49% of the Washington utility and PGE will own ...
Pan African Resources, Anglo Asian Mining, Great Southern Copper, AFC Energy, Galliford Try, XCE
Yahoo Finance· 2026-02-18 09:24
Connecting Excellence Group Plc (AQSE:XCE, OTCQB:XCELF) starts trading on the US OTCQB today under the ticker XCELF. The recruitment group says the move should broaden its investor base and improve liquidity. Follow us and subscribe on YouTube, our social channels and on proactiveinvestors.co.uk. AFC Energy PLC (AIM:AFC, OTC:AFGYF, FRA:QC8) can now sell hydrogen from its Dunsfold pilot plant. The revised permit from the UK Environment Agency speeds up revenue and supports future rollout of its ammonia crack ...
Petro Mata shares up as it banks PetroChina payment
Yahoo Finance· 2026-02-18 09:13
Petro Mata shares up as it banks PetroChina payment Proactive uses images sourced from Shutterstock Petro Matad Limited (AIM:MATD, OTC:PRTDF, FRA:HA3) shares jumped 18% in Wednesday's early deals, rising to 1.21p, after the small cap told investors that PetroChina has paid US$1.03 million of revenue that was withheld against the company’s 2025 production invoices, clearing a key uncertainty as the parties work to update their sales arrangements for 2026. The AIM-quoted Mongolia-focused oil producer said ...
OCC conditionally approves Stripe subsidiary Bridge for trust charter
Yahoo Finance· 2026-02-18 09:12
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Stripe subsidiary Bridge has received conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency, the company said Tuesday in a blog post. A search of the OCC’s database shows Bridge’s application, filed in October, was conditionally approved Feb. 12. Under such a license, Bridge would be allowed to issue stablecoins, ...
Morgan Stanley Maintains Equal Weight on Phibro Animal Health Corporation (PAHC), Cites Margin Expansion
Yahoo Finance· 2026-02-18 09:09
Core Viewpoint - Phibro Animal Health Corporation (NASDAQ:PAHC) is recognized as one of the seven cheap pharmaceutical stocks to consider for investment, particularly noted for its strong operational performance and positive financial outlook [1][2]. Financial Performance - For the fiscal second quarter ending December 31, 2025, Phibro reported a 21% increase in net sales to $373.9 million and a rise in net income to $27.5 million [4]. - Adjusted EBITDA increased by 41% to $68.1 million, while adjusted diluted EPS rose by 58% to $0.87 [4]. - The company has updated its fiscal 2026 net sales estimates to between $1.45 billion and $1.50 billion, with adjusted EBITDA projected between $245 million and $255 million, reflecting improved operating momentum [5]. Analyst Ratings - Morgan Stanley raised its price target for PAHC from $45 to $49, maintaining an Equal Weight rating, citing strong operational performance and effective execution in the Animal Health segment [3]. - The upgrade was influenced by significant margin expansion, a favorable fiscal 2026 forecast, and a profit beat in the second quarter [3].
Collegium Pharmaceutical, Inc. (COLL) Gains Momentum on Jornay PM, Truist Highlights Robust Pain Portfolio
Yahoo Finance· 2026-02-18 09:07
Core Insights - Collegium Pharmaceutical, Inc. (NASDAQ:COLL) is recognized as one of the seven cheap pharmaceutical stocks to consider for investment according to hedge funds [1] - The company has received a price target increase from Truist Securities, reflecting confidence in its pain management portfolio and ongoing product momentum [2] Financial Outlook - Collegium expects net product revenue for the year 2026 to be between $805 million and $825 million, with Jornay PM projected to contribute at least $190 million to $200 million [3] - The adjusted EBITDA is anticipated to range from $455 million to $475 million, indicating strong profitability and effective cost management [3] Business Focus - Collegium is focused on developing and commercializing innovative pain management therapies, including abuse-deterrent opioid formulations, aimed at improving patient safety and treatment outcomes [4]
Ridi Stores enters Indiana via 4-store acquisition
Yahoo Finance· 2026-02-18 09:06
This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Dive Brief: Ridi Stores, an Ohio-based convenience store and car wash company, has acquired Midwest competitor McIntosh Energy Co., the companies announced on Tuesday. The deal includes McIntosh’s four retail locations and standalone fleet fueling site in Indiana. Ridi, which has 14 c-stores and five car washes across Ohio and Michigan, will enter Indiana throug ...