WESCO International, Inc. Announces Upcoming Retirement of Dave Schulz, EVP and CFO, and Appointment of Indraneel Dev as EVP and CFO
Prnewswire· 2026-02-10 11:05
Most recently, Mr. Dev served as the Chief Financial Officer and Chief Revenue Officer of Congruex LLC, a communications network infrastructure design, engineering and construction company. Prior to Congruex, Mr. Dev served as Chief Financial Officer of Lumen Technologies. He previously held various senior finance leadership roles at Level 3 Communications, MCI, and MFS Communications. Mr. Dev holds a B.A. in Mathematics from the University of Delhi (India) and an MBA from the University of Arizona, and he ...
Novo Nordisk opens new front with patent suit over Hims' Wegovy copies
Reuters· 2026-02-10 11:04
Novo Nordisk's U.S. patent lawsuit against Hims & Hers , filed on Monday, marks a new front in the Danish pharmaceutical drugmaker's campaign against companies selling compounded versions of its block... ...
Spotify forecasts profit above estimates as founder Daniel Ek moves to new role
Yahoo Finance· 2026-02-10 11:02
Feb 10 (Reuters) - Spotify forecast first-quarter earnings above Wall Street estimates on Tuesday, as the Swedish audio-streaming benefits from strong user growth and price hikes, sending its shares up around 12% in premarket trading. The results are the first since co-CEOs Gustav Soderstrom and Alex Norstrom took the reins from founder Daniel Ek, who became executive chairman in January. While price increases in several markets and cost cuts powered profits in the December quarter, the company's re ...
DuPont Earnings Beat Estimates. Why Things Are Getting Better.
Barrons· 2026-02-10 11:02
The company reported fourth-quarter earnings per share of 46 cents. Wall Street was looking for 43 cents. ...
Spotify expects profit above estimates as founder Daniel Ek moves to new role
Reuters· 2026-02-10 11:02
Spotify forecast first-quarter earnings above Wall Street estimates on Tuesday, as the Swedish audio-streaming giant attracts new users even after price hikes, sending its shares up 10% in premarket t... ...
Interactive Brokers Group, Inc. (IBKR) Presents at UBS Financial Services Conference 2026 - Slideshow (NASDAQ:IBKR) 2026-02-10
Seeking Alpha· 2026-02-10 11:01
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Hercules Capital Announces New Supplemental Cash Distribution of $0.28 per Share
Businesswire· 2026-02-10 11:01
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) ("Hercules,†"Hercules Capital,†or the "Company†), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a new supplemental cash distribution of $0.28 per share, to be distributed equally over four quarters be. ...
Spotify Keeps Adding Subscribers as Features Expand
WSJ· 2026-02-10 11:01
The Swedish audiostreaming giant's premium subscribers increased by 10% year-over-year to 290 million. ...
HELOC and home equity loan rates today, February 10, 2026: How to keep your low-rate home loan while tapping equity
Yahoo Finance· 2026-02-10 11:00
Core Insights - Home equity lines of credit (HELOC) and home equity loan (HEL) rates are currently slightly above their 52-week lows, making them attractive options for homeowners looking to access equity without refinancing their primary mortgage [1][4] Group 1: Current Rates and Trends - The average HELOC rate has decreased to 7.23%, with a 52-week low of 7.19% recorded in mid-January [2] - The national average for home equity loans stands at 7.44%, with a 52-week low of 7.38% noted in early December [2] - Rates are determined based on a minimum credit score of 780 and a combined loan-to-value ratio (CLTV) of less than 70% [2] Group 2: Product Comparison - A HELOC allows homeowners to draw cash as needed, while a home equity loan provides a lump sum [3] - Home equity interest rates differ from primary mortgage rates, typically based on an index rate plus a margin, with the current prime rate at 6.75% [5] - Lenders have flexibility in pricing second mortgage products, making it essential for borrowers to shop around for the best rates [6] Group 3: Lender Considerations - Some lenders offer below-market introductory rates for HELOCs, which may only last for a limited time before converting to a variable rate [6][9] - Home equity loans generally do not have introductory rates, providing a fixed interest rate throughout the repayment period [7][12] - It is important to consider minimum draw amounts for HELOCs, as some lenders may require a significant initial draw [11] Group 4: Usage and Recommendations - Homeowners with low primary mortgage rates and significant equity may find it beneficial to consider a HELOC or HEL for home improvements or other expenses [14] - The national average rates for HELOCs and HELs can serve as a benchmark when comparing offers from different lenders [13]
South Korea report: domestic vehicle market up 10% in January
Yahoo Finance· 2026-02-10 11:00
Hyundai, including its Genesis brand, is targeting a slight increase in global sales to 4.158 million units in 2026, including 700,000 domestic sales and 3.46 million units overseas. Sales in North America are forecast to increase slightly to 1,231,000 units, while sales in Europe are expected to be flat at 601,000 units; India 592,000 units (+3%), South Korea 700,000 units (-2%), and South America 328,000 units (+0.1%). The company is looking for continued product mix improvement and new model launches thi ...