Workflow
Brink's to Buy ATM Firm NCR Atleos in $6.6 Billion Infrastructure Bet
PYMNTS.com· 2026-02-27 00:23
Core Viewpoint - Brink's Company plans to acquire NCR Atleos in a cash and stock transaction valued at $6.6 billion, aiming to create a leading financial technology infrastructure company [1] Group 1: Acquisition Details - The companies have entered into a definitive agreement for the acquisition, expecting to close the transaction in the first quarter of 2027, subject to customary closing conditions [2] - The acquisition will combine Brink's global cash management expertise and route-based infrastructure with NCR Atleos' ATM management and services expertise, enhancing service offerings to financial institutions and retail customers [3][8] Group 2: Strategic Implications - Brink's President and CEO Mark Eubanks stated that the merger will provide critical scale and integrated capabilities to drive growth and improve service levels for their global customer base [7] - NCR Atleos President and CEO Tim Oliver emphasized that the combination will enhance offerings to financial institutions and retailers, creating more opportunities for employees [8] Group 3: Financial Performance - NCR Atleos reported a 4% year-over-year revenue increase in Q4 2025, reaching $44 million, with Core Revenue improving by 6%, attributed to growth in demand for ATMaaS and hardware [9] - Brink's presentation indicated that the combined company will have approximately $10 billion in total revenue, with expected annual run-rate cost synergies of $200 million [10]
WBD's David Zaslav Wishes Netflix Well, “Can't Wait” To Start Working With Paramount
Deadline· 2026-02-27 00:22
Core Viewpoint - Warner Bros. Discovery (WBD) has decided to move on from a potential deal with Netflix, expressing goodwill towards the streaming giant while focusing on a merger with Paramount [1][2]. Group 1: Company Statements - WBD CEO David Zaslav praised Netflix and its leadership, expressing excitement about the potential merger with Paramount Skydance, which is expected to create significant value for shareholders [2]. - Samuel A. Di Piazza, Jr., chair of the WBD board, highlighted the thorough process leading to the merger discussions, emphasizing the anticipated excitement for audiences [3]. Group 2: Deal Details - WBD had previously agreed to sell its streaming and studio assets for $27.75 per share in cash, but after receiving a superior offer from David Ellison, discussions shifted towards a merger with Paramount [4]. - Netflix was given four business days to match the offer but chose to withdraw from the negotiations instead [4].
BYD Takes On Tesla In Chinese Market With Daily Financing As Low As $4.20, A Price Elon Musk Would Love
Benzinga· 2026-02-27 00:18
BYD Launches New Deals in ChinaBYD has witnessed strong growth in Europe as it expands beyond its home country. With the explosive growth elsewhere, the company could be feeling the pressure from competition in China and is ready to win back market share.The electric vehicle company saw sales fall in January in the Chinese market, down 30% year-over-year. This marked a fifth straight month of year-over-year sales declines, according to a report from Electrek.To fight off the sales declines, BYD has launched ...
Venture Global signs 20-year LNG supply deal with Korea's Hanwha Aerospace
Reuters· 2026-02-27 00:16
Group 1 - Venture Global has signed a 20-year sales and purchase agreement with Hanwha Aerospace for 1.5 million metric tons per annum (mtpa) of liquefied natural gas starting in 2030 [1] - This agreement increases Venture Global's total long-term contracted portfolio to over 46 million tons per annum [1] - In November, Venture Global also signed a separate 20-year agreement with Tokyo Gas to supply 1 million metric tons per annum of LNG beginning in 2030 [1] Group 2 - Venture Global is identified as the second-largest LNG exporter in the U.S., which is the leading nation for LNG exports [1]
NewMarket Corporation Announces Quarterly Dividend
Businesswire· 2026-02-27 00:14
NewMarket Corporation Announces Quarterly DividendFeb 26, 2026 7:14 PM Eastern Standard Time# NewMarket Corporation Announces Quarterly DividendShare---RICHMOND, Va.--([BUSINESS WIRE])--The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $3.00 per share on the common stock of the Corporation. The dividend is payable April 1, 2026, to NewMarket shareholders of record at the close of business on March 16, 2026.NewMarket Corporation is a holding company op ...
Penumbra, Inc. (NYSE:PEN) Showcases Strong Financial Performance and Growth Potential
Financial Modeling Prep· 2026-02-27 00:10
Core Insights - Penumbra, Inc. is a leading company in the medical instruments sector, particularly recognized for its thrombectomy products, and has demonstrated strong financial performance in its recent earnings report [1] Financial Performance - The company reported earnings of $1.18 per share, exceeding the Zacks Consensus Estimate of $1.12, resulting in a 5.36% earnings surprise and a significant increase from $0.97 per share reported a year ago [2][6] - Revenues for the quarter ending December 2025 reached $385.39 million, surpassing the Zacks Consensus Estimate by 6.74% and reflecting a 22.1% increase compared to $315.52 million in the same period last year [3][6] Revenue Breakdown - The United States contributed 77.6% of Penumbra's total revenue, with international markets accounting for 22.4%. U.S. revenue increased by 20.6%, while international revenue grew by 27.7% [4] - Sales of global thrombectomy products amounted to $254.7 million, primarily driven by strong sales in the U.S. market [4] Stock Performance - The current trading price of PEN is $341.11, showing a 0.72% increase, with a market capitalization of approximately $13.38 billion. The stock has fluctuated between $338.82 and $341.12 today [5] - Over the past year, PEN has reached a high of $362.41 and a low of $221.26, indicating a dynamic market presence [5] Analyst Outlook - UBS has set a price target of $374 for PEN, suggesting a potential increase of about 9.92% from its current trading price of $340.24, reflecting strong investor confidence [1][6]
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Apollo Global Management, Inc. Investors to Inquire About Securities Class Action Investigation - APO
TMX Newsfile· 2026-02-27 00:09
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Apollo Global Management, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation Details - The investigation is prompted by an article published by Financial Times on February 1, 2026, which reported that Apollo executives, including CEO Marc Rowan, had discussions regarding the firm's tax arrangements with Jeffrey Epstein throughout the 2010s, contradicting previous statements from Apollo that it "never did any business" with Epstein [3]. - Following the publication of this article, Apollo's stock experienced a decline of 1% on February 2, 2026, and a further drop of 4.76% on February 3, 2026 [3]. Group 2: Class Action Information - Investors who purchased Apollo securities may be entitled to compensation through a class action lawsuit, which will not require any out-of-pocket fees or costs due to a contingency fee arrangement [2]. - Interested investors can join the prospective class action by visiting the provided link or contacting the law firm directly for more information [2]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
AI Dominance and Geopolitical Shifts: Dell Surges, DoD Pressures Anthropic, and Global Debt Realignment
Stock Market News· 2026-02-27 00:08
Key TakeawaysDell Technologies (DELL) shares surged 10% after the company forecasted $50 billion in AI server revenue for FY2027, supported by a record $43 billion backlog.The US Department of Defense is threatening to bar Anthropic from the military supply chain or invoke the Defense Production Act unless the company removes safeguard limits on its Claude Gov AI.Warner Bros. Discovery Inc. (WBD) has moved forward with a $111 billion bid from Paramount Skydance after Netflix Inc. (NFLX) declined to raise it ...
NVIDIA: Jensen Just Raised The AI Bar (Again), Buy The Post-Earnings Dip
Seeking Alpha· 2026-02-27 00:06
分组1 - NVIDIA reported strong Q4 earnings, showing significant revenue and profit growth, but experienced a modest decline in share price shortly after the announcement [1] - The stock initially surged following the earnings report but then dropped in the hours that followed, indicating market volatility despite positive financial results [1] 分组2 - The article highlights the importance of analyzing stock market reactions to earnings reports, as they can often be unpredictable and influenced by various factors beyond the financial data itself [1]
ROSEN, LEADING INVESTOR COUNSEL, Encourages Lakeland Industries, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LAKE
Globenewswire· 2026-02-27 00:05
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Lakeland Industries, Inc. securities for the period between December 1, 2023, and December 9, 2025, due to alleged misleading statements and undisclosed issues affecting the company's financial performance [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Lakeland Industries faced significant issues with its Pacific Helmets and Jolly businesses, including shipping delays, production problems, and a slower rollout of new products [5]. - Defendants allegedly overstated the positive impact of these businesses on Lakeland's financial results and the overall strength of their operations [5]. - The lawsuit indicates that Lakeland's financial results were deteriorating due to tariff-related challenges, certification delays, and material flow issues in acquired businesses [5]. Group 2: Investor Information - Investors who purchased Lakeland securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff is needed to represent other class members, and interested parties must move the Court by April 24, 2026 [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].