Toll Brothers at Audubon Luxury Home Community Coming Soon to Magnolia, Texas
Globenewswire· 2026-02-27 17:35
Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Toll Brothers at Audubon in Magnolia, Texas, expected to open for sale in summer 2026 [1][5] Group 1: Community Features - The community will feature single-family homes on 80-foot-wide lots, with designs ranging from approximately 3,600 to over 6,100 square feet, and pricing anticipated from the upper $800,000s [3] - Residents will have access to resort-style amenities including a pool with cabanas, splash pad, playground, recreation center, picnic areas, hiking and biking trails, and over 650 acres of parks [7] Group 2: Location and Accessibility - The community is strategically located near major commuter routes, including Texas State Highway 249, providing easy access to downtown Houston, Magnolia, and Bryan-College Station [8] - Local shopping, dining, and entertainment options are within minutes, and the community is situated within the top-rated Magnolia Independent School District [8] Group 3: Company Background - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and has been named the 1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies for the ninth consecutive year [11][12]
It's An Early Phase Financial Crisis: The Private Credit Bust
Seeking Alpha· 2026-02-27 17:34
Here is the fact, the financial sector ( XLF ) is the worst-performing sector YTD, down by over -4%, while the S&P 500 ( SPY ) is up by 1%. Large banks like JP Morgan (Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relat ...
Lyten acquires Northvolt’s Swedish battery assets
Yahoo Finance· 2026-02-27 17:34
US battery company Lyten has finalised the purchase of Northvolt’s battery manufacturing and research assets in Sweden and established an industrial hub at the Skellefteå site. The transaction includes Northvolt Ett and Ett Expansion in Skellefteå, along with Northvolt Labs in Västerås, carrying a combined book value of about $5bn. Together, the facilities comprise 16GWh of existing cell production capacity, more than 160 hectares of land and Europe’s “largest” battery R&D centre. In March, Northvolt f ...
Software Stocks Are on a Hair Trigger. It's Too Early to Call a Bottom.
Barrons· 2026-02-27 17:34
Despite strong results and the accelerating 2026 AI data-center buildout—of which Nvidia remains the primary beneficiary—the stock has been stuck in the mud for months. ...
Trump Media Continues To Morph With Spinoff Of Social Media Platform
Investors· 2026-02-27 17:33
Friday's news did little to revive Trump Media stock. ...
Merck to lay off around 150 employees at US site amid slump in Gardasil sales
Reuters· 2026-02-27 17:33
Merck to lay off around 150 employees at US site amid slump in Gardasil sales | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The Merck logo is seen at a gate to the Merck & Co campus in Rahway, New Jersey, U.S., July 12, 2018. REUTERS/Brendan McDermid/File Photo [Purchase Licensing Rights, opens new tab]- Companies[Merck & Co Inc]FollowFeb 27 (Reuters) - Merck [(MRK.N), opens new tab] will lay off about 150 employees across its fa ...
Why Compass and Rocket say their partnership is the remedy for high home prices
Yahoo Finance· 2026-02-27 17:32
Real estate brokerage Compass (COMP) and mortgage titan Rocket (RKT) are betting they have the solution to the housing market's crisis. "You have to attack the [home affordability] problem from multiple angles," Rocket CEO Varun Krishna told Yahoo Finance's Opening Bid. "Sellers represent inventory, and we have to unlock more inventory." That's the aim of the three-year partnership with Compass, which seeks to neutralize the pain points of inventory scarcity and high transaction costs. The deal works ...
Edgewell Personal Care to Webcast Fireside Chat at the 47th Annual Raymond James Institutional Investors Conference
Prnewswire· 2026-02-27 17:32
SHELTON, Conn., Feb. 27, 2026 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) today announced that it will participate in a fireside chat at the 47th Annual Raymond James Institutional Investors Conference in Orlando, FL on Wednesday March 4, 2026, at 8:40 A.M. ET. Rod Little, President and Chief Executive Officer and Francesca Weissman, Chief Financial Officer will be presenting for Edgewell. All interested parties may access a live webcast of these events at www.edgewell.com, under "Investors," ...
Nio chip unit set to secure 2.25bn yuan from local investor group
Yahoo Finance· 2026-02-27 17:31
GeniTech (Shenji), a unit of Chinese electric vehicle manufacturer Nio, has entered into binding agreements for a 2.25bn yuan $323m investment from a group of local investors. Shenji handles the company’s intelligent-driving chip programme Nio’s English-language release did not name the investors. Chinese media reports, however, have cited Hefei State-Owned Capital Enterprise Investment, Hefei Haiheng, IDG Capital, China Fortune-Tech Capital and Yuanhe Puhua among those involved. In a statement, the a ...
Avnet (AVT) Up 5.4% Since Last Earnings Report: Can It Continue?
ZACKS· 2026-02-27 17:30
Core Viewpoint - Avnet reported strong second-quarter earnings for fiscal 2026, exceeding estimates and showing significant year-over-year growth in both earnings and revenues [2][3]. Financial Performance - Adjusted earnings per share for Q2 were $1.05, surpassing the Zacks Consensus Estimate by 10.53% and increasing 20.7% year-over-year [2]. - Net sales rose 11.6% year-over-year to $6.32 billion, exceeding the consensus mark by 5.28% [3]. - The Electronic Components segment's revenues increased 10.8% year-over-year to $5.89 billion, outperforming estimates of $5.6 billion [4]. - Farnell sales surged 23.6% year-over-year to $427.1 million, exceeding the estimate of $400.8 million [4]. Regional Performance - Year-over-year sales growth included a 16.9% increase in Asia to $3.17 billion, a 4.9% increase in the Americas to $1.44 billion, and an 8.3% increase in EMEA to $1.71 billion [5]. Operating Income and Margins - Adjusted operating income was $171.7 million, up 7.7% year-over-year [5]. - The operating margin for the Electronic Components segment contracted 20 basis points to 3.2%, while Farnell's margin improved 370 basis points to 4.7% [6]. Balance Sheet and Cash Flow - As of December 27, 2025, cash and cash equivalents were $286.5 million, up from $175.5 million as of September 27, 2025 [7]. - Long-term debt decreased to $2.47 billion from $2.79 billion [7]. - Operating cash flow for Q2 was $208 million, with $28 million paid in dividends [8]. Guidance and Estimates - For Q3 fiscal 2026, Avnet expects revenues between $6.2 billion and $6.5 billion, with non-GAAP earnings projected between $1.20 and $1.30 per share [9]. - Consensus estimates have trended upward, with an 8.72% shift in estimates over the past month [10]. VGM Scores and Outlook - Avnet holds a Growth Score of A and a Value Score of A, indicating strong performance in these areas [11]. - The stock has a Zacks Rank of 3 (Hold), suggesting an expectation of an in-line return in the coming months [12].