Owens Corning Swings to a Loss Amid Weak Demand Trends
WSJ· 2025-11-05 11:50
Core Insights - Owens Corning reported a loss in the third quarter, indicating a significant downturn in financial performance due to weak demand trends affecting multiple business segments [1] Financial Performance - The company experienced lower sales in the third quarter, reflecting a decline in volumes across various businesses [1]
Adient reports solid fourth quarter and full-year 2025 financial results; provides full-year FY26 outlook
Prnewswire· 2025-11-05 11:50
Accessibility StatementSkip Navigation PLYMOUTH, Mich., Nov. 5, 2025 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced its fourth quarter 2025 financial results. For complete details and to see reconciliations of non-GAAP measures to their most directly comparable GAAP measures, visit the events section of the Adient investor website at https://investors.adient.com/events-and- presentations/events to download the full press release and earnings presentation. Inves ...
How regenerative agriculture – and funding – is slowly taking root
Yahoo Finance· 2025-11-05 11:49
Deloitte has calculated only around 2-6% of the funding needed for a transition to regenerative agriculture practices in arable farming in Europe are being covered. “To safeguard agricultural supply chains, actors across the value chain and enablers of the system, such as financial services and governments, need to collaborate to de-risk the transition for farmers who are currently bearing more than their fair share,” the consultancy’s experts wrote in their Closing the gap report .Look at the figures and f ...
Bank of America raises return target in bid to catch up with rivals
Reuters· 2025-11-05 11:49
Bank of America on Wednesday raised its closely watched profitability target as the second-largest U.S. lender looks to grow its market share and catch up with larger Wall Street rivals. ...
Golar LNG Limited Interim results for the period ended September 30, 2025
Globenewswire· 2025-11-05 11:49
Highlights and subsequent events Golar LNG Limited (“Golar” or “the Company”) reports Q3 2025 net income attributable to Golar of $31 million, Adjusted EBITDA1 of $83 million and Total Golar Cash1 of $661 million, before bond offering proceeds in October 2025. Entered the U.S. rated bond market with $500 million of 5-year 7.5% senior unsecured notes (the “Notes”) on October 2, 2025. Repaid $190 million outstanding principal balance of the $300 million 2025 maturing 2021 Unsecured Bonds on October 20, 2025. ...
France's Proposed Crypto Tax is "Economically Unjust": Experts
Yahoo Finance· 2025-11-05 11:48
Core Viewpoint - France's National Assembly has adopted a wealth tax amendment targeting cryptocurrency holdings, which may hinder innovation and drive talent abroad [1][4]. Group 1: Tax Amendment Details - Amendment No. I-3379 to France's 2026 Finance Bill was passed with a narrow vote of 163-150, adding digital assets to a new "unproductive wealth" tax base alongside gold, yachts, and classic cars [2]. - The amendment imposes a flat 1% annual tax on net wealth exceeding $2.2 million (€2 million), increasing from the previous threshold of $1.49 million (€1.3 million) [2]. Group 2: Implications for Cryptocurrency - The bill does not provide exemptions for cryptocurrency, unlike certain long-term rental properties, complicating tax treatment for crypto founders and builders [3]. - The lack of nuanced definitions in the amendment could lead to oversimplification of the crypto landscape, failing to differentiate between passive investors and ecosystem builders [4]. Group 3: Concerns from Industry Experts - Experts warn that the new tax structure could inadvertently penalize productive capital and technological progress in France's digital economy [4]. - The proposal replaces the previous 30% sale-only crypto tax with an annual wealth levy on holdings, taxing coins regardless of whether they are sold [5]. - There is a risk of economic injustice in taxing early token-holders who contribute to ecosystem-building, creating disincentives for long-term alignment [5]. Group 4: Tax Structuring Risks - The amendment lacks clear definitions distinguishing between occasional and professional traders, which could lead to tax-structuring risks for token-based business models [6][7]. - The determination of trader classification would be case-by-case, based on volume, frequency, and proportion of crypto income, leaving uncertainty until further guidance is provided [7].
CPA Australia comments on oversight body merger plan
Yahoo Finance· 2025-11-05 11:48
Core Viewpoint - The establishment of a new body, External Reporting Australia, aims to consolidate existing accounting and auditing standards organizations in Australia, with a focus on enhancing sustainability reporting standards [1][2]. Group 1: Proposed Legislation - The draft legislation outlines the governance, structure, and operational framework for the new organization, including dedicated technical boards for accounting, assurance, auditing, and sustainability standards [2]. - It details the powers and functions of the new body, as well as transitional arrangements for the consolidation process [2]. Group 2: CPA Australia's Position - CPA Australia supports the creation of a new standard-setting board for sustainability reporting standards, which aligns with their long-standing advocacy [3]. - The organization welcomes the removal of the current function of providing strategic policy advice and audit quality reports, as this role is largely fulfilled by ASIC [3]. Group 3: Concerns Raised - There are concerns regarding the extent of authority granted to the proposed governing council, which may have excessive power over standard-setting boards and their leadership roles [4]. - Questions have been raised about the adequacy of checks and balances within the new structure, particularly regarding oversight amid potential bifurcation of technical activities [5]. Group 4: Future Engagement - CPA Australia expresses a desire to contribute to the development of subordinate law related to the new technical standard-setting boards for financial reporting, sustainability reporting, and audit & assurance [6].
The AI Stocks Selloff Could be a Bust or a Blip. This Will Decide Which.
Barrons· 2025-11-05 11:48
Group 1 - AMD has exceeded market expectations in its latest financial results, indicating strong performance and potential growth in the semiconductor industry [1] - Bitcoin has experienced a brief dip below $100,000, reflecting volatility in the cryptocurrency market and potential implications for investor sentiment [1]
Metaplanet Still Hungry for More Bitcoin Despite BTC Dropping Below Its Cost Basis
Yahoo Finance· 2025-11-05 11:47
Core Insights - Metaplanet is increasing its Bitcoin holdings by securing a $100 million loan, despite the overall market downturn and Bitcoin's price dropping below $100,000 [1][6] - The company aims to accumulate 210,000 BTC by 2027 as part of its "555 Million Plan" [2] - Metaplanet has already surpassed its 2025 goal of 30,000 BTC, currently holding 30,823 BTC, making it the fourth-largest corporate Bitcoin holder globally [3] Company Strategy - The $100 million loan will be used for additional Bitcoin purchases and to expand its Bitcoin Income Generation initiative, which includes selling cash-secured put options [2] - Metaplanet is also executing a $500 million share repurchase program as part of its broader strategy [2] Market Context - While Metaplanet is ramping up its Bitcoin acquisitions, other corporate Bitcoin treasuries are experiencing a slowdown in accumulation [4] - Public companies collectively added 245,000 BTC in the first half of the year, but this number dropped to 205,000 BTC in the second half, with only 28,000 BTC added in Q4 so far [4][8] Comparative Holdings - Metaplanet ranks behind only three other companies in Bitcoin holdings: Strategy (640,031 BTC), MARA Holdings (52,477 BTC), and XXI (43,514 BTC) [3]
Goldman Sachs CEO says US headed for debt ‘reckoning’ — with national tab to ‘for sure’ surpass $40T. How to prep now
Yahoo Finance· 2025-11-05 11:47
Economic Concerns - Goldman Sachs CEO David Solomon warns that the U.S. is heading towards a "debt death spiral," where the government must borrow to pay interest, creating a vicious cycle that accelerates over time [1][2] - U.S. national debt has surged from $7 trillion to $38 trillion over the past 15 years, and refinancing it could push the total into the low $40 trillion range [4][5] - Solomon emphasizes that without stronger economic growth, a painful adjustment could follow, indicating that the current trajectory is unsustainable [3][4] Debt and Inflation - High levels of national debt can fuel inflation, eroding the dollar's purchasing power, with $100 in 2025 equivalent to $12.05 in 1970 [6] - The burden of debt increasingly shifts to American citizens if foreign appetite for U.S. debt fades, potentially crowding out investment and slowing growth [2][6] Investment Strategies - Ray Dalio suggests that investors should consider diversifying their portfolios with gold, which has historically been a safe haven during economic turmoil [7][9] - Gold prices have increased over 45% in the past year, and Dalio recommends allocating 10% to 15% of investment portfolios to gold [9][10] - Real estate is also highlighted as a protective asset during inflationary periods, with the S&P Case-Shiller U.S. National Home Price Index rising by 47% over the past five years [12][13]