Gold Reserve Closes Strategic US$75 Million Financing
Businesswire· 2026-02-27 12:30
PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. ("Gold Reserve†or the "Company†) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) is pleased to announce the successful closing of its US$75 million private placement financing (the "Financing†) with a group of primarily strategic investors. The Company issued a total of 24,999,999 common shares ("Common Shares†) at a price of US$3.00 per share. The Financing includes participation from several highly experienced, strategic investors that we expect. ...
Snowflake Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – SNOW
Businesswire· 2026-02-27 12:30
LOS ANGELES--(BUSINESS WIRE)--SNOW Investors Have Opportunity to Lead Snowflake Inc. Securities Fraud Lawsuit with the DJS Law Group. ...
Informa TechTarget Announces Director Change
Businesswire· 2026-02-27 12:30
NEWTON, Mass.--(BUSINESS WIRE)--TechTarget, Inc. (Nasdaq: TTGT), ("Informa TechTarget†or the "Company†), a leading growth accelerator for the B2B Technology sector, today announced that Patrick Martell will become a non-executive director and Chair of Informa TechTarget. Patrick Martell, the New York-based Chief Executive of Informa Markets, will succeed Mary McDowell. Mary's knowledge of Informa and its businesses from her previous non-executive role as Senior Independent Director of Informa. ...
Alpha Announces Financial Results for Fourth Quarter and Full Year 2025
Prnewswire· 2026-02-27 12:30
Core Viewpoint - Alpha Metallurgical Resources, Inc. reported a net loss of $17.3 million for Q4 2025, reflecting ongoing challenges in the metallurgical pricing environment, while also indicating potential improvements in the market for 2026 [1][2]. Financial Performance - The company reported a net loss of $17.3 million for Q4 2025, compared to a net loss of $5.5 million in Q3 2025 and $2.1 million in Q4 2024 [1]. - Adjusted EBITDA for Q4 2025 was $28.5 million, down from $41.7 million in Q3 2025 and $53.2 million in Q4 2024 [1]. - Operating cash flow decreased to $19.0 million in Q4 2025 from $50.6 million in Q3 2025 [1]. Coal Revenues - Total coal revenues for Q4 2025 were $519.1 million, slightly down from $525.2 million in Q3 2025 [1]. - The metallurgical segment's coal sales realization was $115.31 per ton in Q4 2025, compared to $114.94 per ton in Q3 2025 [1]. Cost of Sales - The cost of coal sales in the metallurgical segment increased to $478.5 million in Q4 2025, up from $461.6 million in Q3 2025 [1]. - The average cost of coal sales per ton rose to $101.43 in Q4 2025 from $97.27 in Q3 2025 [1]. Liquidity and Capital Resources - As of December 31, 2025, total liquidity was $524.3 million, including cash and cash equivalents of $366.0 million [1]. - Capital expenditures for Q4 2025 were $29.0 million, compared to $25.1 million in Q3 2025 [1]. Share Repurchase Program - The board authorized a share repurchase program of up to $1.5 billion, with approximately 6.9 million shares repurchased for about $1.1 billion as of February 20, 2026 [1]. 2026 Operational Performance Update - As of February 17, 2026, Alpha has committed and priced approximately 37% of its metallurgical coal for 2026 at an average price of $134.02 per ton [2]. - The guidance for metallurgical coal shipments in 2026 is between 14.4 million and 15.4 million tons, while thermal coal shipments are expected to be between 0.7 million and 1.1 million tons [2].
Nvidia's Post-Earnings Stock Outlook
Benzinga· 2026-02-27 12:28
Core Viewpoint - Nvidia's latest earnings report shows strong revenue growth primarily driven by its data center segment, but concerns about the sustainability of this growth have led to a decline in stock price [1][4]. Group 1: Financial Performance - Nvidia reported fourth quarter revenue of $68.13 billion, surpassing analysts' expectations of $66.21 billion [2]. - The data center segment accounted for 90% of the company's total revenue in the fourth quarter, highlighting Nvidia's critical role in the AI industry [2]. Group 2: Growth Opportunities - The company is exploring growth opportunities beyond data center chips, including autonomous systems and advanced computing platforms, which could significantly increase its market share [3]. - Management expressed confidence that AI applications will expand into various industries, including automotive and industrial sectors [3]. Group 3: Investor Concerns - Investors are wary of potential risks, particularly the reliance on spending from large cloud providers and AI startups, as any slowdown in capital expenditure could negatively impact revenue growth [4]. - Other economic factors, such as competition within the sector and supply chain conditions, are also critical variables affecting long-term growth [4].
Guidewire Software (GWRE) Moves 6.0% Higher: Will This Strength Last?
ZACKS· 2026-02-27 12:26
Group 1 - Guidewire Software (GWRE) shares increased by 6% to $144.08, following a period of 16.5% loss over the past four weeks, driven by market optimism and company-specific factors [1] - The transition to a cloud-based subscription model has been a significant driver of Guidewire's performance, with annual recurring revenues (ARR) growing by 22% year over year, reaching $1.063 billion [2] - The company is enhancing its Guidewire Cloud platform with new capabilities, which is expected to boost sales of subscription-based solutions in the long term [3] Group 2 - International momentum and frequent product launches, including new applications like PricingCenter and UnderwritingCenter, are contributing positively to the company's outlook [4] - Guidewire announced a $500 million share repurchase plan and expects total revenues for fiscal 2026 to be between $1.403 billion and $1.419 billion, compared to $1.202 billion in fiscal 2025 [5] - The company is projected to report quarterly earnings of $0.77 per share, reflecting a 51% year-over-year increase, with revenues expected to rise by 18.3% to $342.52 million [6] Group 3 - The consensus EPS estimate for Guidewire has remained unchanged over the last 30 days, indicating that stock price movements may be influenced by trends in earnings estimate revisions [7] - Guidewire Software holds a Zacks Rank of 3 (Hold), while VNET Group, a peer in the same industry, has a Zacks Rank of 4 (Sell) [7]
Tesla Stock Faces Another Weekly Loss. Cybercab Exec Exits Vital Robo-Taxi Arm.
Barrons· 2026-02-27 12:26
Tesla's Cybercab vehicle program manager has left the company. ...
SBI bets big on Airoli, leases 1.35 lakh sq ft to expand GCC operations
BusinessLine· 2026-02-27 12:25
State Bank of India (SBI) has leased about 1.35 lakh sq ft of office space in Airoli to house its State Bank Global IT Centre, reinforcing the suburb’s growing role as a hub for global capability centres (GCCs).The public sector lender has taken the space at Newa Bhakti Knowledge City, a commercial development owned by Newa Technocity (India) Private Limited. The fresh lease, which commenced on February 15, 2026, spans floors four to nine and covers a carpet area of 1,34,744 sq ft, according to property ana ...
11 S&P 500 Stocks Blow Away Analysts' Quarterly Estimates
Investors· 2026-02-27 12:24
Now that fourth quarter earnings season is wrapping up, it's clear which S&P 500 stocks overdelivered. ...
Moderna's Covid-Flu Vaccine Recommended for Approval in EU
WSJ· 2026-02-27 12:23
Group 1 - The recommendation from regulators facilitates the approval process for the shot in the European Union [1] - The company is currently under scrutiny in the United States [1]