Warburg Pincus weighs potential sale of McGill and Partners
Yahoo Finance· 2026-01-14 11:34
US private equity firm Warburg Pincus is exploring a possible sale of London-based insurance broker McGill and Partners, Bloomberg reported, citing sources. The firm has held preliminary talks with potential advisers to assess strategic options for McGill and Partners, the sources said, requesting anonymity as the discussions are not public. The transaction could value the business at more than $1bn, they added. A formal sales process may be launched later this year, although Warburg Pincus could also ...
Zeus and Engelmann & Buckham forge packaging automation alliance in UK
Yahoo Finance· 2026-01-14 11:33
Packaging provider Zeus Group and UK-based machinery specialist Engelmann & Buckham (E&B) have entered a partnership for supplying integrated automation and consumables services to businesses across the UK. The collaboration combines Zeus Group’s range of packaging consumables and its UK market presence with E&B’s experience in automation, materials handling, and packaging machinery. The companies intend to offer an integrated solution for manufacturers, logistics operators, food producers, e-commerce f ...
FCG: A Look At The Structure And Suitability Of This Energy Equity Index ETF
Seeking Alpha· 2026-01-14 11:33
At Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to the general public (and many of them are not released at all) as well as far more in-depth research than we make available to everybody. In addition, all subscribers can read any of my work without a subscription to Seeking Alpha Premium!Power Hedge has been cove ...
Lunchbox teams up with OPA! on commission-free restaurant marketplace
Yahoo Finance· 2026-01-14 11:32
US-based restaurant technology platform Lunchbox has partnered with OPA! to launch a different model for marketplace ordering. Through the collaboration, restaurants using Lunchbox can now be listed on OPA!’s commission-free marketplace. Customers can order directly from participating brands, earn and redeem loyalty points, and experience the same branding they would see on a restaurant’s own app or website, Lunchbox said in a statement. Orders placed on OPA! are fed directly into Lunchbox’s API instea ...
Silver mining stocks jump as metal holds above $90 milestone
CNBC· 2026-01-14 11:32
Core Viewpoint - Silver prices have surged significantly, with spot silver crossing the $90-an-ounce mark for the first time, reflecting strong industrial demand and market volatility [1][2]. Silver Price Movement - Spot silver prices have increased by 27% year-to-date, outperforming gold with a 150% annual gain last year [1][2]. - As of the latest trading, spot silver was priced at $90.55 per ounce, while silver futures for March delivery were at $90.40 [1][2]. Company Performance - U.S.-listed shares of silver mining companies saw notable gains, with Hecla Mining up 3.4%, Endeavour Silver up 3.3%, and First Majestic Silver up 3.2% [3]. - Other companies like Coeur Mining, Silvercorp Metals, and Teck Resources also reported increases in their stock prices, ranging from 2.3% to 2.9% [3]. ETF Performance - Silver-related exchange-traded funds (ETFs) experienced significant rallies, with the Abrdn Physical Silver Shares ETF rising by 4%, the iShares Silver Trust fund increasing by 4.2%, and ProShares' Ultra Silver ETF surging by 8.2% [4]. Investment Insights - BlackRock has shifted its investment strategy towards silver-related equities, indicating a positive long-term outlook for silver, particularly as it is viewed more as an industrial metal than gold [5][6]. - The company anticipates that returns in 2026 will depend on how mining companies manage increased cash flows, emphasizing the importance of disciplined capital allocation [7].
Wells Fargo profit climbs on interest income boost
Reuters· 2026-01-14 11:32
Wells Fargo's profit rose in the fourth quarter as it earned more from interest payments. ...
Kennametal to Host Earnings Conference Call & Webcast on Second Quarter Fiscal 2026 Results
Prnewswire· 2026-01-14 11:30
Core Viewpoint - Kennametal Inc. will host its second quarter fiscal year 2026 earnings call on February 4, 2026, with details available on the company's website before market opening [1][2]. Company Overview - Kennametal Inc. has over 85 years of experience as an industrial technology leader, focusing on materials science, tooling, and wear-resistant solutions [1]. - The company serves customers in various sectors, including aerospace and defense, earthworks, energy, general engineering, and transportation, helping them manufacture with precision and efficiency [1]. - Kennametal employs approximately 8,100 people and operates in nearly 100 countries [1]. - The company generated nearly $2 billion in revenues in fiscal 2025 [1]. Earnings Call Details - The earnings call is scheduled for February 4, 2026, at 9:00 am ET, hosted by Sanjay Chowbey, President and CEO, and Patrick Watson, Vice President and CFO [3]. - The conference call will be available via real-time audio on Kennametal's investor relations website [3].
Magnachip Announces the Retirement of Director Ilbok Lee
Businesswire· 2026-01-14 11:30
SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip†or the "Company†) today announced that Ilbok Lee has notified the Company of his intention to retire from the Company's Board of Directors, to be effective at the Company's next scheduled Board meeting to be held on January 14, 2026. Dr. Lee joined Magnachip's Board in August 2011 and has served in multiple capacities for the Board during that time, including as Chair of the Nominating and Corporate. ...
Equinox Gold Delivers Record Q4 Production and Record FY 2025 Gold Production of 922,827 ounces; 2026 Guidance Represents an 80% Increase in Annual Canadian Gold Production
Globenewswire· 2026-01-14 11:30
Core Viewpoint - Equinox Gold Corp. reported record gold production of 922,827 ounces in 2025, driven by operational improvements and an expanded portfolio, with expectations for continued momentum into 2026 [2][7]. Production Results - In Q4 2025, the company produced 247,024 ounces of gold, with contributions from various operations: 72,091 ounces from Greenstone, 23,207 ounces from Valentine, 61,885 ounces from Nicaragua, 73,745 ounces from Brazil, 14,761 ounces from Mesquite, and 1,336 ounces from Castle Mountain [7]. - Full Year 2025 production included 856,909 ounces within guidance of 750,000 to 915,000 ounces, plus an additional 65,918 ounces from Valentine, Los Filos, and Castle Mountain [7]. Financial Performance - Cash increased by 24% quarter over quarter to $430 million, despite $70 million in one-time tax settlements and $75 million in debt repayment, indicating strong cash flow generation [3]. - The company anticipates a significant strengthening of its balance sheet in 2026 following the sale of its Brazil operations, which is expected to close in Q1 2026 [5]. Operational Guidance - For 2026, the company expects production to benefit from the ramp-up at Valentine and improvements at Greenstone, with updated technical reports for both mines to be published by the end of Q1 2026 [10]. - The company plans to maintain a disciplined approach to capital allocation, focusing on high-return opportunities and a development pipeline that could add approximately 450,000 to 550,000 ounces of incremental annual gold production in the coming years [4][18]. Cost and Capital Guidance - The 2026 guidance includes cash costs of $1,425 to $1,525 per ounce and all-in sustaining costs (AISC) of $1,775 to $1,875 per ounce for consolidated operations [8]. - Growth capital is budgeted at $325 to $375 million, with significant investments planned for Greenstone and Valentine to support operational improvements and development [8][14]. Expansion Projects - The Phase 2 expansion at Valentine is expected to increase processing throughput from 2.5 million to over 4.5 million tonnes per year, potentially boosting annual production by approximately 25% to 225,000 to 250,000 ounces [19]. - At Castle Mountain, the expansion is progressing through the federal permitting process, with a Record of Decision expected in December 2026 [20]. Community Engagement - At Los Filos, two of three local communities have signed long-term agreements to support the mine's development, while operations remain suspended pending an agreement with the third community [21].
VIAVI Expands Edge Monitoring Platform with New Sensor Options to Meet Diverse Private Network Assurance Operating Environments
Prnewswire· 2026-01-14 11:30
Core Insights - VIAVI Solutions Inc. has announced enhancements to its XEdge cloud-based edge monitoring and assurance platform, focusing on improved data collection capabilities for private 4G, 5G, and Wi-Fi networks at the edge [1][2]. Group 1: Product Enhancements - The enhanced XEdge portfolio now supports multiple sensor types, allowing customers to scale deployments based on monitoring needs, site density, and operational constraints [2]. - XEdge v2 is a portable, multi-carrier unit designed for comprehensive monitoring, supporting up to four cellular modems for high-capacity data collection [5]. - XEdge Lite is a compact sensor for fixed installation, supporting a single cellular modem for targeted, always-on monitoring across private networks, available in standard and ruggedized forms [5]. Group 2: Operational Features - XEdge provides continuous visibility into device connectivity and network performance through unattended edge sensors, centralized cloud dashboards, and automated analytics [2]. - The platform is designed for minimal daily management and does not require specialized network expertise, supporting remote control and automated 24/7 monitoring [3]. - Customizable reporting and multi-site scalability make XEdge suitable for enterprises, system integrators, and private network operators [3]. Group 3: Market Positioning - The enhancements aim to ensure reliability and user experience across diverse environments, including campuses, factories, transport hubs, remote sites, and secure zones [3]. - VIAVI Solutions is positioned as a global provider of network test, monitoring, and assurance solutions across various sectors, including telecommunications and aerospace [4].