Workflow
US whiskey firm Barrell Craft Spirits sells facility
Yahoo Finance· 2026-02-02 12:40
Barrell Craft Spirits has offloaded a contract bottling facility as the US whiskey producer adapts to the recent cooling of the category. The company has sold its blending and bottling site in Jeffersontown in Kentucky to American Craft Bottling for an undisclosed sum. Barrell Craft Spirits (BCS) said it would move all its blending to its original site in Gilmore in Louisville. BCS acquired the facility in Jeffersontown five years ago amid strong demand for US whiskey. “When we originally purchased th ...
Gold market analysis for February 2 - key intra-day price entry levels for active traders
KITCO· 2026-02-02 12:38
Group 1 - Jim Wyckoff has over 25 years of experience in stock, financial, and commodity markets, including roles as a financial journalist and reporter on commodity futures trading floors in Chicago and New York [1] - He has covered every futures market traded in the U.S. at various times throughout his career [1] - Jim is the owner of the "Jim Wyckoff on the Markets" analytical, educational, and trading advisory service [2] Group 2 - He has worked as a technical analyst for Dow Jones Newswires and as a senior market analyst with TraderPlanet.com [2] - Jim is also a consultant for the "Pro Farmer" agricultural advisory service and was the head equities analyst at CapitalistEdge.com [2] - He holds a degree in journalism and economics from Iowa State University [2] Group 3 - Daily updates and analyses are provided by Jim on Kitco.com, including AM and PM roundups and a daily Technical Special [3]
India proposes new committee to review financial sector
Yahoo Finance· 2026-02-02 12:37
The Indian government’s Union Budget for 2026-27 has proposed several structural changes to the financial sector, including the formation of a ‘High Level Committee on Banking for Viksit Bharat’. Finance Minister Nirmala Sitharaman, presenting the budget in Parliament, said the committee’s purpose is to undertake a thorough examination of the financial sector and prepare it for the country’s next stage of growth. Changes are suggested for foreign investment rules. The finance minister announced plans f ...
Devon Energy And Coterra Create Shale Giant With $58 Billion Merger
Investors· 2026-02-02 12:35
Devon Energy And Coterra Create Shale Giant With $58 Billion Merger | Investor's Business DailyBREAKING: [Futures Off Lows, Bitcoin Dives To Lowest Since 2024]---Devon Energy (DVN) and Coterra Energy (CTRA) announced before Monday's stock market open they will merge in an all-stock transaction, which will create a shale oil and gas giant valued at about $58 billion. The two companies said Monday that the new entity will be named Devon Energy and headquartered in Houston. The merger is expected to bring abou ...
Income Without The Stress: 2 Dividends For Long-Term Stability
Seeking Alpha· 2026-02-02 12:35
Core Insights - The article emphasizes the abundance of content available for consumption, highlighting the importance of reader engagement and appreciation for their time [1]. Group 1: Company Overview - Rida Morwa, a seasoned investment and commercial banker with over 35 years of experience, leads the Investing Group High Dividend Opportunities, focusing on high-yield investment strategies since 1991 [1]. - The service aims for a targeted safe yield of over 9%, offering features such as model portfolios with buy/sell alerts, preferred and baby bond portfolios for conservative investors, and regular market updates [1]. Group 2: Investment Strategy - The service philosophy is centered around community and education, promoting the idea that investors should not navigate the market alone [1]. - The team includes top income investing analysts from Seeking Alpha, indicating a collaborative approach to investment recommendations [1].
INVESTOR ALERT: SLM Corporation a/k/a Sallie Mae (SLM) Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
Globenewswire· 2026-02-02 12:35
Core Viewpoint - The SLM Corporation, also known as Sallie Mae, is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims of misleading statements regarding delinquency rates in private education loans [1][3]. Group 1: Lawsuit Details - Investors in SLM securities from July 25, 2025, to August 14, 2025, can seek appointment as lead plaintiff by February 17, 2026 [1]. - The lawsuit, titled Zappia v. SLM Corporation, accuses SLM and its executives of failing to disclose significant increases in early-stage delinquencies and overstating the effectiveness of their loss mitigation programs [3][4]. - A report from TD Cowen on August 14, 2025, indicated that July 2025 delinquencies rose by 49 basis points month-over-month, contradicting SLM's CFO's earlier assurances about normal seasonal trends [4]. Group 2: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [5]. - The lead plaintiff can choose a law firm to represent the class, and participation as lead plaintiff does not affect an investor's ability to share in any potential recovery [5]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in monetary relief for investors in securities class actions for four out of the last five years [6].
1 Prediction for Visa in 2026
Yahoo Finance· 2026-02-02 12:35
Visa (NYSE: V) is a dominant force in the world of payments. Its branded cards are accepted in virtually all corners of the world. It benefits from a robust network effect. And it's poised to keep riding the wave that sees greater adoption of digital payments. Here's one prediction for Visa in 2026. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Image source: Visa. Smooth sailing I pr ...
Devon, Coterra to Merge in $58 Billion Deal
WSJ· 2026-02-02 12:34
Devon Energy and Coterra Energy agreed to merge in a roughly $58 billion all-stock deal, including debt. ...
Tarabut acquires Servable to add financial AI capabilities
Yahoo Finance· 2026-02-02 12:33
Core Insights - Tarabut has acquired Servable.dev, an AI engineering company, to enhance its transition from open banking infrastructure to an AI-integrated financial services platform [1][5] - The integration of Servable's AI functionalities aims to improve real-time decision-making tools for banks and fintech firms using Tarabut's platform [1][2] Group 1: Acquisition Details - The acquisition is intended to support the development of Tarabut's platform by incorporating AI capabilities [1] - Servable's technology will be integrated into Tarabut's platform for applications such as income verification, credit risk assessment, fraud detection, and compliance automation [2][5] Group 2: Technology Features - Servable offers features like a "Data Agent" for privacy-focused data creation, an "AI Lab" for model training, and an "AI Gateway" for deploying models in live environments [4] - The technology aims to help financial institutions implement auditable and explainable AI systems at scale [4] Group 3: Strategic Alignment - The addition of Servable's technology aligns with Tarabut's strategy of combining open finance services, instant payments, and AI capabilities under a single regulatory framework [5] - Tarabut is expanding into markets such as Saudi Arabia and the UAE, indicating growth ambitions [5][6] Group 4: Leadership Perspectives - Servable's CEO emphasized the importance of integrating AI technology into platforms that serve regulated institutions without compromising security [3] - Tarabut's CEO highlighted the goal of building world-class financial infrastructure in the region and enhancing access to finance through AI integration [6]
Tyson Foods Tops Earnings Estimates on Strong Chicken Sales. The Stock Is Falling.
Barrons· 2026-02-02 12:33
The meat processor beats earnings and revenue estimates for its fiscal first quarter. ...