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Multiple Crypto Strategic Investment Institutions Commit US$40 Million in Assets to Jiuzi Holdings at a Price Not Lower Than US$1.50 per Share, with the Transaction to Be Completed Within Two Weeks
Globenewswire· 2026-02-05 12:15
Core Insights - Jiuzi Holdings, Inc. has entered into strategic arrangements with Crypto-focused investment institutions, securing approximately US$40 million in Crypto assets to support its global business strategy and Crypto-related initiatives [1][2]. Group 1: Strategic Partnerships - The strategic partners are leading institutions in blockchain infrastructure, Crypto asset management, and decentralized ecosystems, providing capital, technical collaboration, and market expansion resources [2]. - This partnership is expected to enhance Jiuzi Holdings' operations worldwide and is seen as a pivotal milestone in advancing its Digital Asset Treasury (DAT) strategy [3][5]. Group 2: Digital Asset Treasury Strategy - The DAT strategy aims to build a robust, risk-aware, and scalable treasury system through strategic allocation of digital assets, dynamic risk control, and improved liquidity management [3]. - The collaboration will establish a replicable governance framework for treasury structure design, risk pricing, and compliant operation, laying the groundwork for future collaborations [4]. Group 3: Expected Strategic Value - The strategic cooperation is anticipated to enhance treasury resilience by integrating professional Crypto asset allocation and structured risk controls [7]. - It will expand digital asset application scenarios by leveraging partners' ecosystem resources for multi-chain data access and cross-chain asset operations [7]. - The partnership is expected to improve asset liquidity and deployment efficiency through partners' global trading networks and liquidity management capabilities [7].
HII Reports Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-05 12:15
Core Insights - HII reported a significant increase in revenues and operating income for the fourth quarter and full year of 2025, driven by growth across all business segments [1][2][3] Financial Performance - Fourth quarter 2025 revenues reached $3.5 billion, up 15.7% from $3.0 billion in Q4 2024 [1] - Operating income for Q4 2025 was $172 million, a 56.4% increase from $110 million in Q4 2024, resulting in an operating margin of 4.9% compared to 3.7% in the previous year [1][6] - For the full year 2025, revenues totaled $12.5 billion, an 8.2% increase from $11.5 billion in 2024 [2][7] - Diluted earnings per share for Q4 2025 were $4.04, up 28.3% from $3.15 in Q4 2024, and for the full year, it was $15.39, a 10.2% increase from $13.96 in 2024 [2][3][8] Segment Performance - Segment operating income for Q4 2025 was $195 million, a substantial increase of 89.3% from $103 million in Q4 2024, with a segment operating margin of 5.6% compared to 3.4% [2][6] - Ingalls Shipbuilding revenues for Q4 2025 were $889 million, a 20.8% increase from $736 million in Q4 2024, driven by higher volumes in amphibious assault ships and surface combatants [9][10] - Newport News Shipbuilding revenues for Q4 2025 were $1.9 billion, a 19.1% increase from $1.6 billion in Q4 2024, primarily due to higher volumes in submarines and aircraft carriers [14][15] - Mission Technologies revenues for Q4 2025 were $731 million, a 2.5% increase from $713 million in Q4 2024, attributed to higher volumes in Warfare Systems and Global Security [17][19] Cash Flow and Investments - Net cash provided by operating activities in 2025 was $1,196 million, significantly up from $393 million in 2024 [4] - Free cash flow for 2025 was $800 million, compared to $40 million in 2024 [4] Strategic Initiatives - The company achieved critical shipbuilding milestones in 2025, including the delivery of Virginia-class submarine Massachusetts and guided missile destroyer Ted Stevens [7] - HII invested over $400 million in capital improvements in 2025 and achieved approximately 14% shipbuilding throughput growth, targeting around 15% growth in 2026 [7][5] Financial Outlook - For FY26, HII expects shipbuilding revenue between $9.7 billion and $9.9 billion, with an operating margin between 5.5% and 6.5% [23][26] - Mission Technologies revenue is projected to be between $3.0 billion and $3.2 billion, with an operating margin of approximately 5% [23][26]
Pet Valu Announces Timing of Fourth Quarter 2025 Earnings Release
Globenewswire· 2026-02-05 12:02
Core Viewpoint - Pet Valu Holdings Ltd. is set to release its financial results for the fourth quarter of fiscal 2025 on March 3, 2026, at 6:30am ET, followed by a conference call at 8:30am ET [1]. Company Overview - Pet Valu is the leading Canadian retailer of pet food and related supplies, operating over 800 corporate-owned or franchised locations across Canada [4]. - The company has been in operation for more than 45 years, building trust and loyalty among pet owners through knowledgeable customer service and a wide range of products [4]. - Pet Valu offers over 10,000 competitively-priced products, including exclusive, holistic, and award-winning proprietary brands [4]. - The company is headquartered in Markham, Ontario, with distribution centers located in Brampton, Ontario, Surrey, British Columbia, and Calgary, Alberta [4]. - Pet Valu's shares are traded on the Toronto Stock Exchange under the ticker symbol PET [4].
Black Diamond Group Limited Announces Timing of Fourth Quarter and Year-End 2025 Financial Results and Conference Call
Globenewswire· 2026-02-05 12:01
CALGARY, Alberta, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Black Diamond Group Limited (“Black Diamond” or the "Company”) (TSX: BDI, OTCQX:BDIMF), a leading provider of space rental and workforce accommodation solutions, today announces the timing of its 2025 fourth quarter and full year earnings release and conference call/webcast. Black Diamond intends to release its 2025 fourth quarter and full year results after markets close on Thursday, February 26, 2026, and hold a conference call and webcast at 9:00 a.m. M ...
Talen Energy to Report Full Year and Fourth Quarter 2025 Financial Results on February 26, 2026
Globenewswire· 2026-02-05 12:01
Core Viewpoint - Talen Energy Corporation is set to release its full year and fourth quarter 2025 financial results on February 26, 2026, with a subsequent earnings call to discuss these results [1]. Company Overview - Talen Energy is a leading independent power producer and energy infrastructure company, operating approximately 13.1 gigawatts of power infrastructure in the United States, which includes 2.2 gigawatts of nuclear power [3]. - The company generates and sells electricity, capacity, and ancillary services into wholesale U.S. power markets, primarily located in the Mid-Atlantic, Ohio, and Montana regions [3]. - Talen Energy is positioned to support the growing demand for reliable power from artificial intelligence data centers, indicating a strategic focus on the digital infrastructure sector [3]. - The company is headquartered in Houston, Texas [3].
Sharps Technology and BitGo Announce Collaboration to Advance Solana Treasury Strategy
Globenewswire· 2026-02-05 12:00
NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Sharps Technology, Inc. (“STSS” or the “Company”) (NASDAQ: STSS), a medical device company with a Solana (SOL) digital asset treasury strategy, and BitGo Bank & Trust, National Association (“BitGo”), the digital asset infrastructure company, today announced a strategic collaboration under which STSS will expand and further institutionalize its Solana treasury strategy through BitGo’s services. As part of this arrangement, STSS intends to utilize BitGo’s institutio ...
Peter A. Gray Joins Fidelity Bank as Executive Vice President, Chief Lending Officer and Market President for the Lehigh Valley
Globenewswire· 2026-02-05 12:00
Peter A. Gray Joins Fidelity Bank Peter A. Gray Joins Fidelity Bank as Executive Vice President, Chief Lending Officer and Market President for the Lehigh Valley DUNMORE, Pa., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Daniel J. Santaniello, President and CEO of Fidelity Bank, is pleased to announce that Peter A. Gray has joined Fidelity Bank as Executive Vice President, Chief Lending Officer and Market President for the Lehigh Valley. Gray brings more than two decades of executive leadership in community bankin ...
Abcourt Resumes Drilling on its Flordin Property with a 20,000-metre Campaign
Globenewswire· 2026-02-05 12:00
ROUYN-NORANDA, Quebec, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. ("Abcourt" or the "Company") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it is undertaking a 20,000-metre drilling program on the Flordin Property. This drilling campaign (Phase 2) will be divided between the Cartwright sector and the South Zone sector, which were the subject of a first phase of drilling of approximately 4,000 metres last year. The ultimate objective of this campaign is to extend the various gold-b ...
Cullinan Therapeutics to Participate in Fireside Chat at the Guggenheim Emerging Outlook: Biotech Summit 2026
Globenewswire· 2026-02-05 12:00
CAMBRIDGE, Mass., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (Nasdaq: CGEM; “Cullinan”), a clinical-stage biopharmaceutical company accelerating potential first- or best-in-class, high-impact therapies in autoimmune diseases and cancer, today announced that Nadim Ahmed, Chief Executive Officer, and Jeffrey Jones, M.D., M.B.A., Chief Medical Officer, will participate in a fireside chat at the Guggenheim Emerging Outlook: Biotech Summit 2026 on Thursday, February 12, 2026, at 11:00 a.m. ET. ...
Malibu Boats, Inc. Announces Second Quarter Fiscal 2026 Results
Globenewswire· 2026-02-05 12:00
LOUDON, Tenn., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the second quarter ended December 31, 2025. Second Quarter Fiscal 2026 Highlights Compared to Second Quarter Fiscal 2025: Net sales decreased 5.8% to $188.6 millionUnit volume decreased 9.5% to 1,106 unitsGross profit decreased 32.9% to $25.1 millionGAAP net (loss) income decreased from net income of $2.4 million to a net loss of $2.5 millionGAAP net (loss) income available to Class ...