Buybacks Can Power Hilton Grand Vacations Higher (Upgrade)
Seeking Alpha· 2026-02-27 10:30
Group 1 - Hilton Grand Vacations (HGV) shares have performed well over the past year, with a gain of approximately 16% [1] - The timeshare or vacation ownership interest (VOI) operators have shown varied performance, indicating a mixed market environment [1] - There are encouraging trends in credit quality following a period of elevated concerns, suggesting potential stability in the sector [1]
Acciona Energia cuts dividends, targets disposals to protect credit ratings
Reuters· 2026-02-27 10:30
Core Viewpoint - Acciona Energia is implementing significant financial measures, including cutting dividends and reducing investments, to protect its credit ratings while aiming to generate approximately 2 billion euros from asset sales [1]. Financial Measures - The company plans to reduce its dividend by 93% for 2025 to 0.03 euros per share [1]. - It aims to generate around 2 billion euros from asset sales within the year [1]. - Investments are projected to decrease to approximately 900 million euros this year, down from 1.4 billion euros in the previous two years and 2.2 billion euros in 2023 [1]. - Net debt is expected to decline below 3 billion euros from the current 4.16 billion euros [1]. Strategic Focus - Strengthening the balance sheet and maintaining investment-grade ratings have become strategic priorities for Acciona Energia [1]. - The company has shifted its focus from significant investments to reducing capital spending and divesting renewable assets [1]. - Long-term improvements in returns from renewable energy are anticipated through the renegotiation of power purchase agreements [1].
Amazon Tries Its Low-Cost Approach to Winning the AI Race
WSJ· 2026-02-27 10:30
Core Insights - Amazon has appointed Peter DeSantis as its new artificial intelligence czar, highlighting the company's commitment to advancing its AI initiatives [1] Group 1 - Peter DeSantis is described as a larger-than-life figure within Amazon, indicating his significant influence and presence in the company [1]
Golden Entertainment Reports 2025 Fourth Quarter and Full Year 2025 Results
Businesswire· 2026-02-27 10:30
Core Viewpoint - Golden Entertainment, Inc. reported a decline in revenues and a net loss for the fourth quarter of 2025 compared to the same period in 2024 [1] Financial Performance - The company reported fourth quarter 2025 revenues of $155.6 million, a decrease from $164.2 million in the fourth quarter of 2024 [1] - The net loss for the fourth quarter of 2025 was $8.5 million, equating to $(0.33) per share, contrasting with a net income of $3.0 million, or $0.10 per share, in the fourth quarter of 2024 [1]
Proximus to cut 1,200 jobs by 2030 -CEO
Reuters· 2026-02-27 10:27
Proximus to cut 1,200 jobs by 2030 -CEO | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of Proximus is seen at the headquarters of the Belgian telecoms operator in Brussels, Belgium January 9, 2019. REUTERS/Francois Lenoir [Purchase Licensing Rights, opens new tab]Feb 27 (Reuters) - Belgian telecom provider Proximus [(PROX.BR), opens new tab] will cut 1,200 jobs by 2030 due to AI efficiency measures, equivalent to 15% of i ...
ACM Research's Rally Meets Reality After Weak Margins
Seeking Alpha· 2026-02-27 10:26
Core Viewpoint - ACM Research's Q4 2025 financial results showed a significant decline, leading to a 17% drop in stock price, which alters the risk/reward dynamics for the company in the semiconductor equipment sector [1]. Financial Performance - The stock price was previously at $39.79 before the earnings report, indicating a notable shift in market perception following the disappointing results [1]. Market Analysis - The company is characterized as a fast-growing supplier in the chip equipment industry, suggesting potential for future growth despite current challenges [1].
Besieged Berkshire Utility Tries to Rewrite Who Pays for Wildfires
Financialpost· 2026-02-27 10:25
Article contentFive and a half years later, Cuozzo, 80, is still waiting for more than $6 million that was awarded by a jury that determined Berkshire Hathaway Inc. utility PacifiCorp’s equipment caused the fire. Cuozzo’s award is a tiny part of billions of dollars in damage claims that followed Oregon’s so-called Labor Day fires, which burned thousands of properties and rank among the state’s biggest and most destructive.“You know who owns PacifiCorp: Warren Buffett, Berkshire Hathaway,” Cuozzo said in an ...
Stock Market Today: Dow Jones, S&P 500 Future Drop Ahead Of January Wholesale Inflation Print—Netflix, Block, Rocket Lab In Focus - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
Benzinga· 2026-02-27 10:19
Market Overview - U.S. stock futures declined on Friday following a mixed close on Thursday, with major benchmark indices showing negative futures [1] - The 10-year Treasury bond yielded 4.00%, while the two-year bond was at 3.42%, indicating market expectations for interest rates [2] - The Dow Jones, S&P 500, Nasdaq 100, and Russell 2000 experienced losses of -0.32%, -0.13%, -0.02%, and -0.59% respectively [2] Stocks in Focus - Block Inc. surged 22.28% after reporting in-line earnings for Q4 and announcing a workforce reduction of over 40%, maintaining a strong price trend [4] - Zscaler Inc. fell 8.62% after cutting its FY26 sales guidance despite better-than-expected Q2 results, reflecting a weak price trend [4] - Dell Technologies jumped 12.64% after exceeding Q4 financial expectations and providing FY27 guidance above estimates, showing a strong price trend [4] - Rocket Lab Corp. declined 4.45% with losses remaining similar year-on-year, maintaining a weak price trend in the short term [3][5] Analyst Insights - Doug Beath from Wells Fargo Investment Institute maintains a positive outlook on the U.S. economy and stock market, noting a significant rotation and broadening out of equity markets [7] - Beath anticipates increased volatility in 2026 due to midterm elections and changes in Federal Reserve leadership, viewing current fluctuations as a precursor to broader equity gains [7][8] - Investors are advised to remain agile and take advantage of market fluctuations to invest in U.S. Large Cap Equities and the Financials sector, supported by accelerating fourth-quarter earnings estimates for the S&P 500 [8]
Jack Dorsey's mea culpa on Block layoffs: 'We overhired'
Business Insider· 2026-02-27 10:19
Core Insights - Jack Dorsey, CEO of Block, acknowledged over-hiring during COVID as a key reason for recent layoffs, reducing the workforce from over 10,000 to under 6,000 [1][6] - Dorsey attributed the over-hiring to a structural misstep, where two separate company structures were created instead of one, leading to inflated headcount during aggressive expansion [2] - Block aims for more than $2 million in gross profit per employee, which is four times its pre-COVID efficiency, while maintaining a flat gross profit of about $500,000 per person from 2019 to 2024 [6] Company Performance - Block's share price is approximately $54, remaining flat compared to its 2018 price, with significant fluctuations during the pandemic [7] - The company has experienced a drop in stock price from over $275 in early 2021 to below $100 since early 2022 [7] - Dorsey emphasized that the business remains strong, with growing gross profit and improving profitability despite the layoffs [7] Industry Context - Dorsey pointed to a fundamental shift in company operations, with intelligence tools and smaller teams enabling a new way of working [8] - Other tech companies, including Amazon, eBay, Meta, and Workday, have also announced workforce cuts, often citing efficiency gains driven by AI [8] - The trend towards leaner operations is reflected in the actions of other industry leaders, such as Fiverr, which announced a 30% workforce cut to become a more efficient "AI-first company" [9]
Stock Market Today: Dow Jones, S&P 500 Future Drop Ahead Of January Wholesale Inflation Print—Netflix, Block, Rocket Lab In Focus
Benzinga· 2026-02-27 10:19
Market Overview - U.S. stock futures declined on Friday following a mixed close on Thursday, with major benchmark indices showing negative futures [1] - The 10-year Treasury bond yielded 4.00%, while the two-year bond was at 3.42%, indicating market expectations for interest rates [2] - The Dow Jones, S&P 500, Nasdaq 100, and Russell 2000 experienced losses of -0.32%, -0.13%, -0.02%, and -0.59% respectively [2] Stocks in Focus - Block Inc. surged 22.28% after reporting in-line earnings for Q4 and announcing a workforce reduction of over 40%, maintaining a strong price trend [4] - Zscaler Inc. fell 8.62% after cutting its FY26 sales guidance despite better-than-expected Q2 results, showing a weak price trend [4] - Dell Technologies jumped 12.64% after exceeding Q4 financial expectations and providing FY27 guidance above estimates, with a strong price trend [4] - Rocket Lab Corp. declined 4.45% after reporting Q4 results, with losses remaining similar year-on-year [3][5] Analyst Insights - Doug Beath from Wells Fargo Investment Institute maintains a positive outlook on the U.S. economy and stock market, noting a significant rotation in equity markets as a positive sign for economic growth [7] - Beath anticipates increased volatility in 2026 due to midterm elections and changes in Federal Reserve leadership, viewing current market fluctuations as a precursor to broader equity gains [7][8] - Investors are advised to remain agile and take advantage of market volatility to invest in U.S. Large Cap Equities and the Financials sector, supported by accelerating fourth-quarter earnings estimates for the S&P 500 [8]