Workflow
NatWest Group to Buy Evelyn Partners for £2.7B, Targets UK’s Top Private Bank and Wealth Manager
Yahoo Finance· 2026-02-09 14:07
On scale, NatWest said Evelyn’s GBP 69 billion in assets under management and administration (AUMA), combined with NatWest’s GBP 59 billion , would create GBP 127 billion in total AUMA. NatWest also said total customer assets and liabilities for the combined business would be GBP 188 billion , which management said amounts to about 20% of the group’s total customer assets and liabilities.NatWest highlighted Evelyn Partners’ 2025 performance, including income of GBP 509 million and EBITDA of GBP 179 million ...
Trump seeks to limit legal options for fired federal workers
Reuters· 2026-02-09 14:07
The Trump administration is trying to make it harder for fired federal employees to get their jobs back, according to a government plan released on Monday, by limiting their right to appeal their dismissal to an independent board. ...
Innocan Pharma Announces LPT-CBD demonstrates Pain Relief over Placebo-Results from a randomized blinded clinical study in Dogs
Prnewswire· 2026-02-09 14:07
(1)HERZLIYA, Israel and CALGARY, AB, Feb. 9, 2026 /PRNewswire/ -- Innocan Pharma Corporation (CSE: INNO) (FSE: IP40) (OTCQB: INNPD) ("Innocan" or the "Company"), a pioneer in the pharmaceutical and biotechnology industries, proudly announces the publication of a research article titled "Efficacy, pharmacokinetics and safety of liposomal synthetic cannabidiol injected subcutaneously in dogs: a randomized, blinded, placebo-controlled, crossover clinical trial" in the esteemed peer reviewed journal Frontiers ...
Thomson Reuters: Stock Multiple Isn't Going Anywhere Until AI Debate Resolves
Seeking Alpha· 2026-02-09 14:07
Core Insights - The analyst previously held a hold rating for Thomson Reuters Corporation (TRI) due to concerns about the FY2026 growth outlook, particularly in the CP and LP segments [1] - The investment approach emphasizes understanding core business economics, including competitive moat, unit economics, reinvestment runway, and management quality, which are crucial for long-term free cash flow generation and shareholder value creation [1] - The analyst focuses on sectors with strong secular tailwinds and aims to provide accessible and analytical insights to help readers identify high-quality, long-term investment opportunities [1] Company and Industry Summary - Thomson Reuters Corporation is facing headwinds in its CP and LP segments, impacting its growth outlook for FY2026 [1] - The investment strategy is centered on identifying businesses with potential for scaling and unlocking significant terminal value over time [1] - The analyst's background includes 10 years of self-education in investing, currently managing personal funds sourced from friends and family [1]
Cognex Corporation (CGNX) Fell on Weaker-Than-Expected Guidance
Yahoo Finance· 2026-02-09 14:06
Baron Fund, an investment management company, released its Q4 2025 letter for “Baron Small Cap Fund”. A copy of the letter can be downloaded here. The market extended its positive trends in the fourth quarter. The Baron Small Cap Fund was down 1.56% in the quarter compared to 1.22% gain for the Russell 2000 Growth Index. The fund returned (0.66)% in 2025, trailing the index by 13.67 percentage points. The yearly performance was weak both on an absolute and a relative basis. Large-cap growth stocks led the ...
DEADLINE NEXT WEEK: Berger Montague Advises Coupang, Inc. (CPNG) Investors to Contact the Firm Before February 17, 2026
TMX Newsfile· 2026-02-09 14:06
Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors about its cybersecurity measures, leading to significant financial losses following a major data breach affecting over 33 million customers [1][2][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities between May 7, 2025, and December 16, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The complaint claims that Coupang's inadequate cybersecurity safeguards heightened the risk of a data breach [2]. Group 2: Cybersecurity Incident - In November 2025, disclosures revealed a data breach that compromised sensitive personal information of more than 33 million customers [3]. - Following the breach, Coupang's stock price experienced significant declines, with the company acknowledging the cybersecurity event on December 16, 2025 [3]. - This incident is noted as the largest cybersecurity event in South Korea's history [3].
Take the Zacks Approach to Beat the Markets: Hershey's, Fastenal, Kennametal in Focus
ZACKS· 2026-02-09 14:05
Market Overview - The S&P 500 and Nasdaq Composite declined by 0.1% and 1.9% respectively, while the Dow Jones Industrial Average increased by 2.5% last week, indicating a mixed performance across major indexes [1] - The divergence in market performance was attributed to a rotation in investor preferences rather than overall market weakness, with rising Treasury yields making high-valuation growth stocks less appealing [1] Sector Performance - Optimism regarding economic resilience led to increased buying in cyclically sensitive and defensive sectors, with industrials benefiting from infrastructure and manufacturing strength, financials gaining from higher yields, and energy rising with firmer oil prices [2] - This shift underscores a focus on earnings stability and tangible cash flows among investors [2] Zacks Research Performance - Kennametal Inc. (KMT) shares surged by 44.8% since being upgraded to a Zacks Rank 1 (Strong Buy) on December 8, outperforming the S&P 500's 0.7% increase [3] - Inventiva S.A. (IVA) also saw a return of 42.4% since its upgrade to Zacks Rank 1 on the same date [4] - An equal-weight portfolio of Zacks Rank 1 stocks outperformed the equal-weight S&P 500 index by 7 percentage points, returning 17.81% compared to 10.85% for the index [4] Zacks Recommendations - Clearway Energy, Inc. (CWENA) and Pursuit Attractions and Hospitality, Inc. (PRSU) saw share increases of 16.7% and 5.4% respectively since their upgrades to Outperform on December 10 and December 11 [6] - The Zacks Recommendation system aims to predict stock performance over the next 6 to 12 months, based on trends in earnings estimate revisions [7] Focus List and Portfolios - Celanese Corporation (CE) gained 32.9% over the past 12 weeks since being added to the Zacks Focus List, while Intellia Therapeutics, Inc. (NTLA) returned 29% over the same period [9] - The Zacks Focus List portfolio returned 22.1% in 2025, outperforming the S&P 500 index's 17.9% gain [10] - The Earnings Certain Admiral Portfolio (ECAP) returned -1.67% for 2025, underperforming the S&P 500 index's 17.9% gain, but had a return of 16.26% in 2024 compared to the S&P 500's 24.89% [14] Dividend Portfolio Performance - Illinois Tool Works Inc. (ITW) and Fastenal Company (FAST) returned 19.6% and 16.8% respectively over the past 12 weeks, benefiting from investor interest in quality dividend stocks amid market volatility [16] - The Earnings Certain Dividend Portfolio (ECDP) returned -0.6% for 2025, underperforming the Dividend Aristocrat ETF's 6.8% gain [17] Top 10 Stocks Performance - Monolithic Power Systems (MPWR) increased by 31.4% since January 5, 2026, compared to the S&P 500 Index's 1.1% increase [20] - The Top 10 portfolio has produced a cumulative return of 2,472.7% since 2012, significantly outperforming the S&P 500 index's 561.6% return [21]
Strength in Cardiovascular Unit Likely to Lift MDT's Q3 Performance
ZACKS· 2026-02-09 14:05
Core Viewpoint - Medtronic (MDT) is expected to report its third-quarter fiscal 2026 results on February 17, with earnings per share (EPS) anticipated at $1.33, reflecting a 4.3% decrease year-over-year, while revenues are projected to reach $8.90 billion, indicating a 7.3% growth from the previous year [1][2]. Group 1: Q3 Estimates and Performance - The Zacks Consensus Estimate for Medtronic's third-quarter revenues is $8.90 billion, suggesting a 7.3% increase from the same quarter last year [2]. - The earnings estimate for the third quarter has been revised down by 1 cent to $1.33 per share over the past 60 days [3]. - Medtronic has consistently beaten earnings estimates in the last four quarters, with an average beat of 2.75% [1]. Group 2: Segment Performance Expectations - The Cardiovascular segment is projected to grow by 10.8% year-over-year, driven by the Cardiac Ablation Solutions business and strong performance from the Affera mapping system and Sphere-9 catheter [6][4]. - The Neuroscience segment is expected to see a revenue increase of 5.2% year-over-year, supported by the spine AiBLE ecosystem and growth in Core Spine and Neurosurgery [9][7]. - The Diabetes unit is anticipated to deliver an 11.5% revenue growth, bolstered by new product launches and pent-up demand [15][12]. Group 3: Challenges and Innovations - The Medical Surgical segment has faced challenges due to market pressures from bariatric surgery and a shift towards robotic surgery, but the FDA clearance for the Hugo robotic-assisted surgery system is a positive development [10]. - The Endoscopy business is expected to perform well, driven by growth in esophageal products and the AI-powered GI Genius solution [11]. - Medtronic's Diabetes business is in a strong innovation cycle, with the MiniMed 780G system receiving multiple approvals and a broad U.S. commercial launch [13]. Group 4: Strategic Developments - Medtronic has filed a registration statement for a proposed initial public offering (IPO) as part of a planned separation, allowing the company to focus on high-margin growth markets [14].
Should Iron Mountain Stock Be in Your Portfolio Ahead of Q4 Earnings?
ZACKS· 2026-02-09 14:05
Core Insights - Iron Mountain Incorporated (IRM) is expected to report fourth-quarter 2025 results on February 12, with anticipated year-over-year growth in revenues and adjusted funds from operations (AFFO) per share [1][9] Financial Performance - In the last reported quarter, IRM delivered a 2.3% surprise in AFFO per share, with solid performances across all segments, including storage, service, global RIM, and data center businesses, although higher interest expenses slightly undermined performance [2][9] - Over the trailing four quarters, IRM's AFFO per share has consistently surpassed the Zacks Consensus Estimate, with an average beat of 2.68% [3] Revenue Growth Drivers - The fourth-quarter earnings are likely supported by a stable base of recurring revenues from core storage and records management businesses, which are expected to drive overall revenue growth [3] - The expansion of faster-growing segments, particularly data centers, is likely to have boosted leasing activity, contributing to growth in the global data center segment [4] - An aggressive expansion strategy, including acquisitions and development initiatives, is expected to complement organic growth in storage revenues, aiding top-line performance [5] Revenue Projections - The Zacks Consensus Estimate for storage rental revenues is projected at $1.06 billion, up from $942 million in the year-ago period [6] - Service revenues are estimated at $745.3 million, an increase from $639.3 million reported in the prior-year quarter [6] - The global data center segment is expected to generate $230.1 million, up from $170.2 million in the year-ago period [6] - The total revenue consensus estimate stands at $1.81 billion, indicating a 14.2% increase from the prior-year quarter [7] AFFO Expectations - The Zacks Consensus Estimate for quarterly AFFO per share has remained unchanged at $1.39 over the past three months, suggesting significant growth from the year-ago quarter [7][9] - The current Earnings ESP for IRM is 0.00%, and it holds a Zacks Rank of 3, indicating that the model does not predict a surprise in AFFO per share for this quarter [10]
Eddie Bauer — the 106-year-old label that pioneered outdoor sportswear — files Chapter 11
Yahoo Finance· 2026-02-09 14:05
Core Viewpoint - Eddie Bauer LLC has filed for Chapter 11 bankruptcy protection, marking its third bankruptcy in over two decades, as it seeks to restructure its operations and optimize value for stakeholders [1][2]. Group 1: Bankruptcy Filing Details - The company operates approximately 180 stores across the U.S. and Canada and has entered into a restructuring agreement with secured lenders [1]. - The bankruptcy filing was made in the U.S. Bankruptcy Court for the District of New Jersey [1]. - Retail and outlet stores in the U.S. and Canada will remain open during the restructuring process, although certain stores will be wound down [3]. Group 2: Management and Operations - Marc Rosen, CEO of Catalyst Brands, stated that the restructuring is aimed at optimizing value for stakeholders while ensuring profitability and strong liquidity for Catalyst Brands [4]. - Eddie Bauer's international retail locations are operated by other licensees and are not included in the Chapter 11 filings, allowing them to continue normal operations [4]. Group 3: Brand and E-commerce Operations - Authentic Brands Group retains ownership of the Eddie Bauer brand's intellectual property and may license it to other operators [5]. - The e-commerce and wholesale operations of Eddie Bauer, managed by Outdoor 5, LLC, will not be affected by the bankruptcy proceedings [5].