153-year-old bookstore chain confirms more closures in 2026
Yahoo Finance· 2026-02-28 19:17
Core Insights - Several longtime retailers in the U.S. are closing locations in 2026 due to lease expirations, property redevelopments, and changing retail conditions [1] - Barnes & Noble, one of the largest bookstore chains, is balancing closures with an expansion strategy, having confirmed additional closures early in 2026 [2] Company-Specific Developments - Barnes & Noble is closing its Portland location after 24 years of operation due to lease expiration, with the closure date set for May 2, 2026 [3][4] - The nearest Barnes & Noble store after the Portland closure will be approximately 7.5 miles away [4] - The Portland closure is part of a broader redevelopment plan for Lloyd Center, the city's oldest mall, which will be transformed into a mixed-use neighborhood by the end of 2026 [5] Industry Trends - The mall operations will continue during the phased redevelopment to support remaining tenants and community events, indicating a shift towards mixed-use developments in retail spaces [6] - Other Barnes & Noble locations have also closed in 2026 due to lease expirations, including stores in Nanuet, NY; Pembroke Pines, FL; and Waterbury, CT, all closing on January 18, 2026 [7][9]
Crypto News: Pepeto Announces $7.369M Raised Fast as Analysts Debate If XRP Can Reach $100
Globenewswire· 2026-02-28 19:16
Dubai, UAE, Feb. 28, 2026 (GLOBE NEWSWIRE) -- Pepeto announced today that its presale has surpassed $7.369 million with stages closing faster than any round before it. Staking deposits climb at 211% APY ahead of the approaching Binance listing. Three product demos are live at the Pepeto official website. SolidProof and Coinsult completed dual audits. An original Pepe cofounder is building this. The crypto news cycle keeps debating if XRP can reach $100, a target requiring $6 trillion in market cap. Meanwhi ...
Alvopetro Energy highlights growth across Brazilian and Canadian assets in 2025 - ICYMI
Proactiveinvestors NA· 2026-02-28 19:15
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain quality and best practices in content production [5]
Is NuScale Power Stock Going to $20?
The Motley Fool· 2026-02-28 19:05
Core Insights - NuScale Power's stock has experienced significant volatility, dropping from a 52-week high of $57 to just above $13, reflecting an 18% decline in 2026 [1][2] - Despite past challenges, NuScale is gaining momentum, with potential for the stock to trade above $20 by year-end [2] Company Developments - NuScale is the only U.S. company with a small modular reactor (SMR) design licensed by the Nuclear Regulatory Commission, but it has yet to secure a firm sale for its technology [4] - The company has faced setbacks, including a canceled project with Idaho National Labs due to high construction costs, but is now moving forward with a promising project in Romania [5][6] - The Romanian project involves deploying six SMRs for a total of 462 megawatts of power generation capacity, with commercial operations expected by 2033 [6] Future Opportunities - In late 2025, NuScale agreed to deploy up to six gigawatts of SMR power generation across seven states for the Tennessee Valley Authority, significantly larger than the Romanian project [7] - The nuclear sector is projected to require a $3 trillion investment by 2050, with SMR technology playing a crucial role in meeting the increasing demand for electricity [8] - If NuScale captures 5% of this investment, it could lead to $150 billion in reactor deployments or related infrastructure projects [9] Market Outlook - Analysts have set an average price target of $29 per share for NuScale, indicating a potential upside of 123% from current levels, although the stock remains volatile [11] - The company is currently burning through cash, and while revenue growth is expected to be steady, it may not be explosive in the near term [9]
Copper Is 'Going Places,' And Everyone Is Hitching A Ride
Yahoo Finance· 2026-02-28 19:00
Core Insights - Copper exchange inventories have surpassed 1 million tons for the first time in 21 years, indicating a significant shift in market dynamics [1] - Despite a slowdown in smelter activity and softened demand from China, copper prices remain elevated due to long-term supply concerns [1] - The demand for copper is being driven by electrification, digital infrastructure, and rapid urbanization, positioning copper as a foundational element for the 21st-century economy [2] Supply and Demand Dynamics - Electric vehicles require approximately four times more copper than traditional internal combustion vehicles, highlighting the increasing demand from the automotive sector [3] - The construction of new data centers can occur in as little as nine months, while new mines may take over 20 years to develop, creating a disconnect between supply lead times and demand growth [4] Strategic Responses from Major Miners - Teck Resources is pursuing a $53 billion merger with Anglo American, aiming to create a leading global copper producer with over 70% exposure to copper [5] - BHP Group is focusing on organic growth at its existing projects rather than pursuing large acquisitions after its failed attempt to acquire Anglo American [6] - Rio Tinto has allocated 85% of its exploration budget to copper, with a focus on the Oyu Tolgoi expansion in Mongolia [7] - Glencore is expanding its operations in the Democratic Republic of the Congo, targeting an annual output of 300,000 tons at Kamoto Copper Company [7] Emerging Market Focus - Existing mines are facing rising capital expenditures to maintain production levels, with estimates of $250 billion needed over the next decade [8] - The industry is increasingly shifting its focus towards emerging markets to address tightening supply-side conditions [8]
DNOW Investor Notice: ROSEN, A Top Ranked Law Firm, Encourages DNOW Inc. Investors to Inquire About Securities Class Action Investigation - DNOW
TMX Newsfile· 2026-02-28 19:00
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of DNOW Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Legal Action - Shareholders of DNOW Inc. may be entitled to compensation through a class action lawsuit without any out-of-pocket fees, as the Rosen Law Firm is preparing to seek recovery of investor losses [2]. - The investigation follows a significant drop in DNOW's stock price, which fell 19.1% after the company reported disappointing fourth-quarter 2025 financial results, including a significant loss that missed Wall Street's expectations [3]. Group 2: Rosen Law Firm's Credentials - The 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 the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone, and has consistently been ranked among the top firms in the field since 2013 [4].
Berkshire CEO Abel seeks to reassure shareholders after taking baton from Buffett
Reuters· 2026-02-28 18:58
Core Insights - Berkshire Hathaway's new CEO Greg Abel aims to establish his leadership style through his inaugural annual letter to shareholders, emphasizing the company's commitment to maintaining a "fortress-like" balance sheet [1] Group 1 - The letter outlines the company's strategy to uphold its financial strength and stability, which is a hallmark of Berkshire Hathaway's operations [1] - Abel's leadership marks a significant transition for the conglomerate, as he seeks to reinforce the company's long-standing principles while potentially introducing new initiatives [1] - The focus on a strong balance sheet indicates a cautious approach to investments and financial management, aligning with the company's historical practices [1]
Kobo Remote: Turn Pages On Your Kobo eReader Without Lifting A Finger
Forbes· 2026-02-28 18:57
Kobo remote page turnerRakuten KoboI am a long-time e-book convert and I’ve tested and owned many eReaders over the past two decades, including Kindles, Nooks, Kobos and a much missed Sony Reader Touch Edition in red aluminum. However, when it came time to commit to a platform, I went with Kobo. One reason is the company is not afraid to push the envelope on hardware–an attitude in full effect with my Kobo Sage, with its 8-inch display, ComfortLight PRO, stylus support and physical buttons. Kobo has made th ...
ProPetro Holding Corp. (PUMP): A Bull Case Theory
Yahoo Finance· 2026-02-28 18:57
Core Thesis - ProPetro Holding Corp. (PUMP) is viewed as a highly asymmetric investment opportunity, combining a traditional oilfield services business with a rapidly growing behind-the-meter (BTM) power subsidiary, ProPwr [2] Business Overview - ProPetro's legacy pressure pumping operations in the Permian Basin are cyclical and capital-intensive, historically valued at 4-5x EBITDA, yet they generate significant free cash flow, currently yielding 15% [2] - ProPwr, launched in late 2024, provides modular onsite power solutions for oil & gas and data center clients, addressing the industry's critical power delivery bottleneck [3] Market Trends - The demand for BTM power has shifted from a temporary solution to a long-term structural necessity, supported by recent market trends and regulatory changes [4] - Major multi-gigawatt projects, such as XAI's Colossus and Oracle-OpenAI's 2.3GW deployment, underscore the permanence of onsite power solutions [4] Growth Potential - ProPwr currently has 240MW contracted, including a significant 60MW deal with a hyperscale data center, with targets of 750MW by 2027 and 1GW by 2030, which may be conservative [5] - The leadership team at ProPwr has extensive experience, enhancing the potential for scalable deployment [5] Valuation and Catalysts - The legacy business offers downside protection through cash flow, while ProPwr's growth potential could lead to a 3-4x stock appreciation over two years, with a possibility of 10x if execution is flawless [6] - Near-term catalysts include additional data center contracts and expansions, which would accelerate ProPwr's deployment [7] Investment Outlook - ProPetro presents a unique combination of defensive cash flow, strategic optionality, and exposure to a growing market in data center electrification, with a three-year price target of $35, indicating significant upside potential [7]
ProPetro Holding Corp. (PUMP): A Bull Case Theory
Yahoo Finance· 2026-02-28 18:57
We came across a bullish thesis on ProPetro Holding Corp. on Guasty Winds Investment Ideas’s Substack by Guasty Winds. In this article, we will summarize the bulls’ thesis on PUMP. ProPetro Holding Corp.'s share was trading at $10.90 as of February 23rd. PUMP’s trailing and forward P/E were 25.72 and 3.10 respectively according to Yahoo Finance. Devon Energy (DVN) Target Increased to $50 by Roth Capital After Strong Results ProPetro Holdings (PUMP) represents a highly asymmetric investment opportunity, c ...