Stellantis CEO says automaker is stronger together amid $26 billion restructuring
CNBC· 2026-02-06 13:30
Core Viewpoint - Stellantis plans to remain unified as a single company despite speculation about potential brand sales or restructuring following disappointing financial results [1][2] Group 1: Company Strategy - CEO Antonio Filosa emphasized the importance of staying together as a strong global company with deep regional groups, indicating a commitment to long-term unity [1] - The company announced a significant restructuring plan involving 22 billion euros ($26 billion) in charges, which includes scaling back electrification efforts and reintroducing V8 engines in U.S. models [1][2] - Filosa described the restructuring as an "important strategic reset" aimed at prioritizing customer preferences and addressing recent declines in market share [2] Group 2: Market Performance - Following the announcement of the restructuring plan, Stellantis shares fell over 20% in both Milan and New York premarket trading [2] - The company has not ruled out the possibility of regionally refocusing or reducing its extensive portfolio of 14 auto brands, which includes underperforming brands like Fiat and Alfa Romeo [3]
BMO Recognized for Excellence at Fundata FundGrade A+® Awards - Bank of Montreal (NYSE:BMO)
Benzinga· 2026-02-06 13:30
Fundata reviewed performance data as of December 31, 2025 to determine the 2025 FundGrade A+® Awards winners. Announced at the February 5, 2026 awards gala in Toronto, the honours span 19 BMO ETFs and 8 BMO Mutual Funds – reinforcing BMO's position as one of Canada's leading investment managers. The FundGrade A+® Awards are presented annually to investment funds and managers that demonstrate outstanding performance over time, drawing on up to ten years of risk‑adjusted return history to identify the industr ...
Redfin Reports Going to the Big Game Could Cost Seattle and Boston Fans the Equivalent of 3 Monthly Mortgage Payments
Businesswire· 2026-02-06 13:30
SEATTLE--(BUSINESS WIRE)--For Seattleites traveling to watch their team compete in this weekend's big game, it's going to cost about three times their monthly mortgage payment—or nearly six times their monthly rent. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. The story is similar for Bostonians, who are also likely to pay about three times their mortgage payment to watch their team on the national stage. The cost would be more than four times their. ...
The Great Substitution: Why Investors Are Skipping Bonds For Dividend Stocks
Seeking Alpha· 2026-02-06 13:30
Group 1 - The author has a background in biotechnology and has worked for major pharmaceutical companies and biotech startups, indicating a strong understanding of the sector [1] - The author is focused on managing wealth across different accounts with distinct goals, particularly in the biotech growth sector [1] - The author has co-founded a biotech company, 1200 Pharma, which has garnered significant investment, showcasing experience in attracting capital in the biotech industry [1] Group 2 - The author holds long positions in DGRO and IDV, indicating a bullish outlook on these investments [2][3] - The author may consider buying shares in SCHD or RSP depending on market conditions, suggesting a flexible investment strategy [3] - The author is also long ORCL in a growth portfolio, reflecting a diversified investment approach [3]
21shares Announces 2026 Staking Distribution Schedule for TETH and TSOL
Globenewswire· 2026-02-06 13:30
Core Viewpoint - 21shares, a leading issuer of cryptocurrency exchange traded products (ETPs), announced the expected distribution dates for staking rewards for its Ethereum ETF (TETH) and Solana ETF (TSOL) in 2026 [1] Distribution Dates - The distribution dates for TETH and TSOL are as follows: - TETH: - Declaration Date: 3/27/26, Ex Date: 3/30/26, Record Date: 3/30/26, Payable Date: 3/31/26 - Declaration Date: 6/26/26, Ex Date: 6/29/26, Record Date: 6/29/26, Payable Date: 6/30/26 - Declaration Date: 9/28/26, Ex Date: 9/29/26, Record Date: 9/29/26, Payable Date: 9/30/26 - Declaration Date: 12/28/26, Ex Date: 12/29/26, Record Date: 12/29/26, Payable Date: 12/30/26 [2] - TSOL: - Declaration Date: 2/12/26, Ex Date: 2/13/26, Record Date: 2/13/26, Payable Date: 2/17/26 - Declaration Date: 3/27/26, Ex Date: 3/30/26, Record Date: 3/30/26, Payable Date: 3/31/26 - Declaration Date: 6/26/26, Ex Date: 6/29/26, Record Date: 6/29/26, Payable Date: 6/30/26 - Declaration Date: 9/28/26, Ex Date: 9/29/26, Record Date: 9/29/26, Payable Date: 9/30/26 - Declaration Date: 12/28/26, Ex Date: 12/29/26, Record Date: 12/29/26, Payable Date: 12/30/26 [4] Company Overview - 21shares is recognized as one of the largest providers of cryptocurrency ETPs, aiming to make cryptocurrency more accessible to investors and bridging traditional finance with decentralized finance [5] - The company launched the world's first physically-backed crypto ETP in 2018 and has built a seven-year track record in creating crypto ETPs listed on major securities exchanges [5] - 21shares operates independently as a subsidiary of FalconX, leveraging its resources to enhance growth [6]
Kolmar Korea Wins Legal Battle Over Sun Care Technology Leakage Against Intercos Korea
Prnewswire· 2026-02-06 13:30
- Korean courts order Intercos Korea to bear full legal costs, affirming both civil and criminal liabilitySEOUL, South Korea, Feb. 6, 2026 /PRNewswire/ -- Kolmar Korea has secured a decisive legal victory in a long-running dispute over the illegal leakage of proprietary sun care technologies involving Intercos Korea, the Korean subsidiary of Italian cosmetics ODM company Intercos. Following the Supreme Court's final guilty ruling, the courts have further ordered the losing party to bear the full cost of li ...
VisionWave Holdings Announces Succesful Live Demonstration of SaverOne’s (Nasdaq: SVRE) RF-Based VRU Platform
Globenewswire· 2026-02-06 13:30
Core Viewpoint - VisionWave Holdings, Inc. successfully demonstrated SaverOne's VRU radio-frequency sensing platform, showcasing its ability to detect vulnerable road users in complex environments [1][2]. Group 1: Demonstration Details - The demonstration illustrated the platform's capability to detect pedestrians in various non-line-of-sight scenarios, including nighttime conditions [3]. - The RF-based sensing technology provides earlier awareness and critical reaction time compared to traditional systems that rely on visual input [5][10]. - The system was able to detect two pedestrians obscured by vehicles and in total darkness, highlighting its effectiveness in real-world complexities [8]. Group 2: Strategic Developments - VisionWave and SaverOne have entered a strategic exchange agreement, allowing VisionWave to potentially acquire up to 51% of SaverOne upon meeting specific milestones and regulatory approvals [4]. - The technology is protected by issued and pending patents, aligning with VisionWave's strategy in advanced perception and autonomous systems [11]. Group 3: Future Applications - VisionWave is exploring applications of the RF detection technology beyond automotive safety, including transportation, infrastructure, and security environments [7][9]. - The company is also considering potential uses in defense contexts, such as unmanned aerial systems and ground vehicles [9].
Unpredictable Markets? Make Your Income Predictable
Seeking Alpha· 2026-02-06 13:30
Nothing tests your patience like your child acting out in public. Whether it is the random screaming, the sudden sprinting, or the stubborn urge to toss or knock over everything in sight—and they do this whether you are tiredRida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991. Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with so ...
Equity Metals Exhibiting at the 2026 PDAC
TMX Newsfile· 2026-02-06 13:30
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2026) - Equity Metals Corporation (TSXV: EQTY) (FSE: EGSD) (OTCQB: EQMEF) ("Equity" or the "Company") is pleased to advise that it will be exhibiting at the annual 2026 Prospectors & Development Association of Canada (PDAC) Convention, the world's premier mineral exploration & mining event.To learn more about Equity Metals' Silver Queen, silver-gold project in British, we invite you to visit the team at Booth # 2541 in the Investors Exchange, Level ...
Under Armour turns a surprise profit, even as turnaround plan costs keep rising
MarketWatch· 2026-02-06 13:30
Shares of Under Armour got a lift in early Friday trading, after the athletic gear maker turned a surprise quarterly profit and raised its full-year earnings guidance to more than double what it was j... ...