Stellantis Posts Massive 2025 Loss Amid EV Strategy Reset and Writedowns
Financial Modeling Prep· 2026-02-26 22:35
Core Insights - Stellantis NV reported a significant net loss of €20.1 billion for the second half of 2025, primarily due to charges related to its electric vehicle strategy reset [1] - The company experienced an adjusted operating income of negative €1.38 billion during the same period, with net revenues increasing by 10% [1] Financial Performance - Total automotive adjusted EBIT showed a loss of €169 million, contrasting with consensus expectations of a €721 million profit [2] - For the full year 2025, Stellantis recorded a net loss of €22.3 billion, with an adjusted operating loss of €842 million, compared to an adjusted operating profit of €8.65 billion in 2024, resulting in an adjusted operating margin of negative 0.5% [4] Writedowns and Future Outlook - Stellantis booked €25.4 billion in writedowns during 2025, attributed to overestimating the pace of the energy transition and vehicle quality issues linked to previous cost-cutting measures [2] - The writedowns include approximately €6.5 billion in expected cash outflows over four years starting in 2026 [3] - The company reiterated its 2026 outlook, expecting mid-single-digit percentage growth in net revenues and a low-single-digit adjusted operating margin, with industrial free cash flow anticipated to turn positive in 2027 [3] Dividend Policy - Stellantis confirmed that it will not pay a dividend for the current year [3]
Warner Bros. Discovery Beats Q4 EBITDA Estimates Amid Competing Takeover Bids
Financial Modeling Prep· 2026-02-26 22:34
Core Insights - Warner Bros. Discovery reported higher-than-expected fourth-quarter core earnings and is "well positioned" for long-term success while evaluating competing takeover proposals from Paramount Skydance and Netflix [1] - The company reiterated its existing merger agreement with Netflix but acknowledged that Paramount's revised offer could lead to a superior proposal [1][3] Financial Performance - For the fourth quarter, adjusted core earnings before interest, taxes, depreciation, and amortization totaled $2.22 billion, down 19% from the prior year but exceeding Bloomberg consensus estimates of $2.11 billion [4] - Revenue declined 5.7% to $9.46 billion, although this figure surpassed expectations [4] Takeover Proposals - Paramount raised its bid to $31 per share for Warner Bros., increasing the termination fee from $5.8 billion to $7 billion if regulatory approval is not obtained [2] - Netflix's offer stands at $27.75 per share for Warner Bros.'s studios and HBO Max streaming business, while Warner Bros. plans to spin off its traditional television operations into a separate entity [3] Studios Segment Performance - The studios segment showed a 52% year-over-year increase in core profit to $2.55 billion, excluding currency effects, with early momentum noted in the division [5] - Streaming subscribers reached nearly 132 million, exceeding the target of 130 million set in August 2022, with expectations to surpass 140 million by the end of the current quarter [5]
GURU Organic Energy to Report First Quarter 2026 Results and Host Virtual Annual Meeting
Globenewswire· 2026-02-26 22:15
Management will hold a conference call to discuss its financial results the same day at 10:00 a.m. ET. The conference call will include a Q&A period open exclusively to financial analysts who are invited to participate by using the dial-in number provided below. Other interested parties are invited to participate in the call on a listen-only basis and are encouraged to do so via live audio webcast, which will be available on GURU's website. First quarter 2026 conference call details: GURU's annual meeting o ...
New Age Metals Expands Pgm Portfolio With Strategic Staking Of The Escape East Pgm-Ni-Cu Project Adjacent To Clean Air Metals' Deposits In Northwestern Ontario
Thenewswire· 2026-02-26 22:15
February 26th, 2026 – Rockport, Ontario – TheNewswire – New Age Metals Inc. (TSX.V: NAM | OTCQB: NMTLF | FSE: P7J) ("NAM" or the "Company") is pleased to announce that it has acquired, via staking, the Escape East Project, a 100%-owned platinum group metals–nickel–copper (PGM–Ni–Cu) exploration property comprising approximately ~4,000 hectares in the Thunder Bay Mining Division of Northwestern Ontario. The Escape East Project is located adjacent to the Thunder Bay North Project operated by Clean Air Metals ...
Why the S&P 500 was doomed to fall when Nvidia plunged after its earnings
MarketWatch· 2026-02-26 22:14
Nvidia Corp. has the heft to make or break the U.S. stock market — and on Thursday the technology giant dragged down the S&P 500. ...
WBD Board Determines Paramount Offer Is A ‘Company Superior Proposal'
Forbes· 2026-02-26 22:12
LOS ANGELES, CALIFORNIA - FEBRUARY 23: An aerial view of the Paramount logo on the water tower at Paramount Studios on February 23, 2026 in Los Angeles, California. Paramount Skydance is poised to increase its takeover offer for Warner Bros. Discovery above Netflix’s current bid, setting up a high-stakes bidding war that could see Netflix walk away from the deal if outbid. (Photo by Justin Sullivan/Getty Images)Getty ImagesThe board of Warner Bros. Discovery released a statement Thursday afternoon declaring ...
Brandywine Realty Trust to Present at the Citi 2026 Global Property CEO Conference
Globenewswire· 2026-02-26 22:11
Company / Investor Contact: Tom Wirth EVP & CFO 610-832-7434 tom.wirth@bdnreit.com https://kvgo.com/citi/brandywine-march-2026 The webcast replay will be available within 24 hours after the conclusion of the live event and will expire Friday, April 3, 2026. In addition, the webcast can be accessed via a link on the Investor Relations page of our website at www.brandywinerealty.com. About Brandywine Realty Trust PHILADELPHIA, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced toda ...
Netflix given four days to match ‘superior' Paramount offer for Warner Bros Discovery
The Guardian· 2026-02-26 22:10
Netflix has been given four days to beat a sweetened offer by Paramount Skydance for the assets of Warner Bros Discovery in the latest twist in the battle for control of the media giant. In an announcement on Thursday afternoon, WBD said that its board had determined Paramount's revised offer to be a "company superior proposal" compared to Netflix's $82.7bn deal – triggering Netflix's window to respond. In its revised offer, Paramount offered $31 per share for the company, up from $30, a $7bn regulatory ter ...
Ideal Power Inc. (IPWR) Discusses Leadership Changes, Capital Raise and Commercialization Strategy Update Transcript
Seeking Alpha· 2026-02-26 22:09
PresentationJeff Christensen Hello, ladies and gentlemen, and welcome to the Ideal Power Business Update Conference Call. [Operator Instructions] As a reminder, this event is being recorded. Before we begin, I'd like to remind everyone that statements made on the call and webcast, including those regarding future financial results and company prospects are forward-looking and may be subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in th ...
Mirum Pharmaceuticals (NASDAQ:MIRM) Price Target and Financial Performance
Financial Modeling Prep· 2026-02-26 22:08
Core Viewpoint - Mirum Pharmaceuticals is focused on developing therapies for rare liver diseases, with significant revenue growth driven by innovative treatments like Livmarli and bile acid drugs [1][6]. Financial Performance - Mirum reported a 50% increase in revenues for the fourth quarter, driven by strong sales of Livmarli and bile acid drugs, despite incurring a net loss [3][6]. - The company has a market capitalization of approximately $4.77 billion, indicating its size and market presence [5][6]. Stock Performance - Currently, MIRM's stock is priced at $92.22, reflecting a 15.10% decrease, with fluctuations between $90.26 and $100.19 on the trading day [4][6]. - Over the past year, the stock reached a high of $107.41 and a low of $36.88, indicating significant volatility [4]. Analyst Outlook - RBC Capital set a price target of $128 for MIRM, suggesting a potential upside of about 36% from its trading price of $94.14 at the time [2].