BrightSpire’s GAAP net book value was $7.30 per share at Dec. 31, down from $7.53 per share in the third quarter, while undepreciated book value was $8.44 per share, down from $8.68 per share. Saracino said the company made a strategic decision to “pull forward” resolutions of certain watchlist and REO assets, taking what he characterized as a limited reduction in book value to monetize assets and reinvest proceeds.Chief Financial Officer Frank Saracino said DE for the quarter included specific reserves of ...

Core Insights - Wingstop reported fourth-quarter system-wide sales of $1.3 billion, a 9.3% increase compared to 2024, primarily due to the addition of 124 net new restaurants, although domestic same-store sales declined by 5.8% due to macroeconomic pressures [1][3] - The company ended 2025 with over 3,000 restaurants and system-wide sales exceeding $5 billion, despite a 3% decline in same-store sales [2][6] - Management emphasized the potential for scaling its franchised model and the successful rollout of the Smart Kitchen platform, which aims to enhance operational efficiency [3][8] Financial Performance - Adjusted EBITDA rose approximately 10% in Q4 to $61.9 million, while adjusted earnings per diluted share increased by 5% to $1.00, despite a $0.18 impact from higher interest expenses related to a $500 million securitization [6][7] - The company returned over $250 million to shareholders in 2025 through dividends and share repurchases, with a quarterly dividend of $0.30 per share declared for March 2026 [4][18] Growth and Expansion - Wingstop plans to launch a national loyalty program, "Club Wingstop," in Q2 2026, following a successful pilot that saw a 7% increase in frequency among enrolled guests [4][16] - The company aims for global unit growth of 15-16% in 2026, with guidance for domestic same-store sales to be flat to low single-digit growth [4][19] Operational Improvements - The Smart Kitchen rollout is complete, with management reporting that about 50% of restaurants are achieving 10-minute service times, and delivery times have improved by approximately 15% year-over-year [5][11] - The company is focusing on execution in 2026, implementing new operating standards and accountability measures to enhance performance [9][10] Marketing and Customer Engagement - Wingstop's new brand campaign, "Wingstop Is Here," aims to increase brand awareness and has shown early success with record high brand recall [13] - The digital customer base grew by 20% in 2025, with significant growth noted among higher-income households [14]

With prices already down by a whopping 36% from their all-time high of $121, the silver crash is in full swing. And investors who own popular exchange-traded funds (ETFs) like the iShares Silver Trust (NYSEMKT: SLV) have likely experienced an unexpected hit to their portfolios. Unfortunately, the decline looks set to continue. Let's explore why investor psychology and industrial demand dynamics could send silver prices even lower. Will AI create the world's first trillionaire? Our team just released a re ...

Saving whatever is left at the end of the month sounds responsible. It feels disciplined. It feels practical. But as one Reddit user recently put it, for most people, “nothing is left.” That simple observation sparked a massive discussion in the r/povertyfinance community about everyday money habits that feel normal, but quietly drain wealth over time. The consensus was that if you wait to save until after everyone else gets paid, you usually end up paying yourself last. Pay Yourself First, Not Last Th ...

By Eric Onstad LONDON, Feb 18 (Reuters) - Prices of two key rare earths, crucial for making super-strong magnets used in EVs and defence equipment, have rallied on firm ‌demand and bottlenecks in supply, above a ground-breaking price floor provided by the U.S. ‌last year to miner MP Materials. The near doubling of prices over seven months means the U.S. government will not ​have to subsidise MP Materials' output of neodymium and praseodymium (NdPr) as long as it remains above the threshold of $110 per kg ...

Please see the reconciliations of non-GAAP financial measures attached in today's slide presentation, which supplement our GAAP disclosures. I will now turn the call over to Ingrid. Thank you, Jason. Good morning, good afternoon, everyone, and thank youSuch statements include statements regarding the company's anticipated financial and operating performance, future events, and expectations, and may involve known and unknown risks and uncertainties. For a summary of specific risk factors that could cause res ...

Shares of car-wash operator Mister Car Wash (NASDAQ: MCW) were sharply higher on Wednesday morning following its earnings report -- and on news that the company has struck a deal to go private for $7.00 per share. As of 11:00 a.m. ET, shares were up about 16.4% to $6.99. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » A surprise deal to go private sent the stock surging In an early ...

Core Insights - The IRS estimates that approximately 117.6 million taxpayers are owed refunds totaling $461.2 billion in fiscal year 2024 [1] Refund Processing Times - Most refunds are processed within 21 days of receiving a return, but various factors can affect this timeline [2] - E-filing and opting for direct deposit can expedite the refund process, while paper returns, especially those claiming certain credits, may take longer [3] Checking Refund Status - Taxpayers can check their refund status online through the IRS website or the IRS2Go app, with status updates available within 24 hours for e-filed returns or up to four weeks for paper returns [6] Refund Status Updates - The IRS provides several status updates: "Return received" indicates the return has been received, "Refund approved" means the return is processed and a refund is pending, and "Refund sent" confirms the funds have been dispatched [8][9][12] Common Reasons for Delayed Refunds - Errors or incomplete information on tax returns can lead to delays as the IRS may require an amended return [14] - Claiming the Earned Income Tax Credit or Additional Child Tax Credit can also delay processing, as these refunds cannot be issued until mid-February [15] - Filing a paper return can result in longer wait times for refunds [16] - Potential identity theft or fraud may cause delays, necessitating further investigation [17] Contacting the IRS - Taxpayers should consider contacting the IRS if their refund is late, particularly if it has been more than 21 days since e-filing or more than six weeks since mailing a return [19][20]

Core Insights - UnitedHealth Group faced significant challenges in the previous year, including leadership changes and a government investigation into its Medicare billing practices [1] - The company has taken proactive measures to address its issues, including the return of former CEO Stephen Hemsley and the initiation of an independent study to improve its processes [2] - Rising healthcare costs and increased service utilization have negatively impacted UnitedHealth's earnings growth, prompting the company to adjust its pricing and cut certain plans [5] Company Actions - UnitedHealth's independent study found its processes to be "robust," while also providing recommendations for further improvement [7] - The company aims to focus on execution and anticipates increased momentum in its growth trajectory through 2027 [6] Industry Challenges - A new challenge has emerged with the Trump administration's proposal to keep Medicare Advantage payment rates flat in 2027, which could affect the profitability of insurers [8] - The proposed increase in payment rates by only 0.09% for the upcoming year raises concerns about the financial sustainability of insurers like UnitedHealth [8]

Work continues with the Port of Houston expansion project, we expect completion of our upgrades to the grain elevator in Q2 of 2026. And the soybean meal export capacity should be online in late Q3 of 2026. After completing the first phase of the mineral processing facility in Carlsbad, New Mexico, we are adding processing capabilities in a second phase, scheduled to be complete in the second quarter. We continue the buildout of our corn and wheat light processing capabilities strategically located within o ...