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Fulgent Genetics, Inc. (FLGT) Q4 Earnings Top Estimates
ZACKS· 2026-02-27 14:16
Fulgent Genetics, Inc. (FLGT) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +433.33%. A quarter ago, it was expected that this company would post a loss of $0.24 per share when it actually produced earnings of $0.14, delivering a surprise of +158.33%.Over the last four quarters, the ...
3 Investments Quietly Earning Boomers a Safe Profit
Yahoo Finance· 2026-02-27 14:15
Crypto is for kids, but what is there for seniors? As baby boomers continue to retire and live out their lives of leisure, retirement priorities shift from aggressive growth to capital preservation. No fuss, no muss. Successful retirement investing isn’t necessarily about catching lightning in a bottle; it’s about protecting all your nest eggs and all your baskets. If you can generate predictable income and stay ahead of inflation, you’re pretty much ahead of the game. These three investments may not be e ...
Federal Signal Corporation Increases Quarterly Dividend by 7%
Prnewswire· 2026-02-27 14:15
DOWNERS GROVE, Ill., Feb. 27, 2026 /PRNewswire/ -- The Board of Directors of Federal Signal Corporation (NYSE: FSS) declared a quarterly cash dividend of fifteen cents ($0.15) per share on its common stock. This represents an increase of $0.01 per share, or 7%, compared to the dividend declared in the prior quarter. The dividend is payable on March 26, 2026 to stockholders of record at the close of business on March 13, 2026. About Federal Signal Federal Signal Corporation (NYSE: FSS) builds and delivers e ...
Fortuna Mining Captures The Curiosity Of Long-Term Investors (Rating Upgrade)
Seeking Alpha· 2026-02-27 14:15
Core Insights - The article emphasizes a versatile investment strategy suitable for various investor profiles, including dividend investors, value seekers, and those looking for growth opportunities [1]. Group 1 - The author, Alberto, possesses a Master's degree in Business Economics and has a strong managerial and economic background, complemented by a solid quantitative foundation [1]. - The investment strategy described is adaptable to different sectors and types of stocks, making it broadly applicable [1].
Willdan Selected by Mt. SAC for $49 Million Distributed Energy and Resiliency Project
Businesswire· 2026-02-27 14:15
ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it was selected by Mt. San Antonio College (Mt. SAC) in California to implement a $49 million energy services contract. The scope of work consists of the turnkey delivery of distributed energy resources (DERs) and infrastructure upgrades, including solar PV systems, a battery energy storage system, EV charging stations, and a comprehensive parking lot redesign. Construction is expected to be completed by t. ...
Illumina whole-genome sequencing technology to accelerate rare disease testing in Florida
Prnewswire· 2026-02-27 14:15
Increased adoption of clinical whole-genome sequencing is advancing diagnostics for rare diseases, which affect 15 million American children SAN DIEGO, Feb. 27, 2026 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced that Illumina Laboratory Services, Illumina's CLIA-certified laboratory, is providing clinical sequencing and interpretation services to the new Diagnostic Lab at Florida Institute for Pediatric Rare Diseases (IPRD) at Florida State University (FSU) College of Medicine, further drivi ...
Trinity Capital: Not Your Typical 13%+ Yielding BDC
Seeking Alpha· 2026-02-27 14:15
Group 1 - Trinity Capital Inc. (TRIN) is highlighted as one of the top three Business Development Companies (BDCs) alongside Kayne Anderson BDC, Inc. (KBDC) and Fidus Investment (FDUS) [1] Group 2 - Roberts Berzins has over a decade of experience in financial management, focusing on helping top-tier corporates with financial strategies and large-scale financings [2] - He has contributed to institutionalizing the REIT framework in Latvia to enhance the liquidity of pan-Baltic capital markets [2] - His policy-level work includes developing national SOE financing guidelines and frameworks for channeling private capital into affordable housing [2]
NeutronX Welcomes National Security Strategy and Defense Acquisition Expert Commander Phil Ehr, U.S. Navy (Ret.), to Board of Advisors
Prnewswire· 2026-02-27 14:15
Core Insights - NeutronX Corp. has appointed Commander Phil Ehr, U.S. Navy (Ret.), to its Board of Advisors to enhance its focus on national security and energy projects [1] - Commander Ehr brings extensive military experience and expertise in defense acquisition, which will support NeutronX's mission to improve the resilience of the power grid [1] Company Overview - NeutronX specializes in autonomous, AI-driven infrastructure for next-generation power systems, focusing on large-scale energy projects critical to U.S. national security [1] - The company is collaborating with NextNRG, Inc. to develop national security-focused energy projects, including microgrids and advanced energy management solutions [1] Strategic Focus - NeutronX is pursuing opportunities in resilient energy infrastructure, particularly in distributed microgrid configurations that integrate natural gas, solar PV, battery storage, and advanced control systems [1] - The company aims to address vulnerabilities in the power grid, emphasizing the importance of building resilient and intelligent energy infrastructure as both a business and patriotic mission [1]
Minaurum Files Technical Report on Alamos Silver Project
TMX Newsfile· 2026-02-27 14:15
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Minaurum Silver Inc. (TSXV: MGG) (OTCQX: MMRGF) (FSE: 78M0) ("Minaurum" or the "Company") announces that, further to the Company's news release dated February 10, 2026 announcing results from its resource-expansion drill program in the Europa, Promontorio, and Travesia vein zones, the Company is today filing an independent technical report on its 100%-owned Alamos Silver Project in Sonora, Mexico. The technical report, titled "Alamos Silve ...
Block Stock Pops 16% On 40% Layoffs. Where AIPocalypse May Strike Next
Forbes· 2026-02-27 14:15
Core Viewpoint - Block's stock surged 19% in pre-market trading following a fourth-quarter earnings report that exceeded expectations and included significant layoffs, which the company attributes to the implementation of AI tools [2][4]. Financial Performance - For the fourth quarter, Block reported earnings per share of $0.65, meeting expectations, while revenue reached $6.25 billion, slightly surpassing consensus estimates. Gross profit increased by 24% to $2.87 billion [4]. - Block raised its 2026 guidance, projecting adjusted EPS of $3.66, which is $0.44 above consensus, and gross profit of $12.2 billion [5]. Layoffs and AI Implementation - The company announced 4,000 job cuts, approximately 40% of its workforce, which investors interpreted as a strategic move to reduce fixed costs rather than a sign of distress [6]. - CEO Jack Dorsey emphasized that AI tools have transformed the operational structure of the company, allowing a smaller team to achieve more [3][12]. - The layoffs are a combination of eliminating overlapping roles and utilizing a proprietary AI tool named Goose, which is designed to automate core activities [13][14]. Business Segments and Growth - Block's growth has been primarily driven by its consumer lending segment, which saw a three-fold increase in origination volume, with 9.3 million consumers using Cash App as their main banking service [7]. - However, the company also faced a 108% increase in transaction and loan losses, attributed to its expansion into higher-risk borrower segments [8]. Industry Context and Future Outlook - The layoffs at Block raise questions about the broader implications of AI on employment within the tech industry, with analysts predicting significant job losses due to AI adoption [9][10]. - Despite the potential for AI-driven layoffs, many companies have yet to effectively implement AI solutions, leading to operational gaps and the possibility of rehiring some laid-off workers [11]. - Dorsey believes that Block is ahead of its competitors in becoming an "intelligence-native company," which he argues will enhance its value and operational efficiency [15].