Workflow
Commerce Secretary Howard Lutnick makes quiet trip to India days after tariff setback
Fox Business· 2026-02-27 21:26
Core Insights - The meeting between U.S. Secretary of Commerce Howard Lutnick and Indian Minister of Commerce and Industry Piyush Goyal indicates a renewed momentum in U.S.-India trade relations following the Supreme Court's decision to strike down President Trump's global tariffs [1][2] Trade Framework Developments - India had previously postponed talks with the U.S. regarding a trade framework, which is now uncertain due to the recent changes in the tariff landscape [3] - The Trump administration introduced a temporary 10% baseline tariff, prompting countries, including India, to reassess their trade positions [3] Tariff Implications - The U.S. had announced a trade framework that would reduce tariffs on Indian goods to 18%, but the new baseline tariff may diminish the competitive advantages previously negotiated [4][7] - India's commitment to purchase $500 billion worth of U.S. goods over five years is now in question due to the altered tariff environment [4] Oil Import Dynamics - India, as the world's third-largest oil importer, is expected to see its purchases of Russian crude oil decline to a two-year low, although analysts suggest that India will likely continue buying Russian oil despite the court ruling [8] Economic Relationship Overview - Total U.S.-India trade in goods and services reached approximately $212 billion in 2024, with goods trade accounting for about $129 billion and a U.S. goods trade deficit of $45.8 billion with India [12]
AMTD Digital Reports Full Year Results with 565.7% Increase in Revenue, 132.7% Increase in Net Income, and 280.2% Increase in Net Assets
Prnewswire· 2026-02-27 21:25
AMTD Digital Reports Full Year Results with 565.7% Increase in Revenue, 132.7% Increase in Net Income, and 280.2% Increase in Net Assets [Accessibility Statement] Skip NavigationPARIS and NEW YORK and LONDON, Feb. 27, 2026 /PRNewswire/ -- AMTD Digital Inc. ("AMTD Digital" or the "Company") (NYSE: HKD), a NYSE-listed company and a subsidiary of AMTD Group Inc., today announced the filing of its annual report on Form 20-F for the fiscal year ended October 31, 2025 with the Securities and Exchange Commission, ...
Allstate: Peak Margin Fears Create Opportunity
Seeking Alpha· 2026-02-27 21:23
Core Viewpoint - Allstate's shares have shown moderate performance over the past year, with a gain of approximately 9% [1] Group 1: Stock Performance - The stock has been trading within a range of $190 to $215, indicating a struggle between strong current profitability and concerns over future margin compression [1] Group 2: Financial Results - Recent results have been strong, contributing to the stock's performance despite the ongoing concerns about future margins [1]
Duke Energy CEO: Agree with Administration's push to make data centers pay their fair share
Youtube· 2026-02-27 21:22
Best month in over a year and a half came in February. Harry Sedaris is the CEO of Duke Energy and joins us now in an exclusive interview for our new power insider energy focus. Harry, it's great to chat with you again.I want to start very quickly sort of a little bit on the political angle. The president, there's a meeting next week at the White House. Heck, maybe you'll be there.Bunch of big techs going to be there. The president wants everyone to sign this rate player payer pledge. He said to not have da ...
Great Elm Capital Corp. (“GECC”) Schedules Fourth Quarter and Full Year 2025 Earnings Release and Conference Call
Globenewswire· 2026-02-27 21:22
Core Viewpoint - Great Elm Capital Corp. (GECC) will release its financial results for Q4 and the full year ended December 31, 2025, on March 2, 2026, after market close, with a conference call scheduled for March 3, 2026, at 8:30 a.m. ET [1] Group 1 - The financial results will be discussed in a conference call on March 3, 2026 [1] - Participants can join the call by dialing specific numbers for the United States and international callers [2] - A slide presentation will be available in PDF format on GECC's website after the earnings release [3] Group 2 - The call and presentation will also be available via a simultaneous webcast on GECC's website [4] - GECC is an externally managed business development company focused on generating current income and capital appreciation through investments in debt and income-generating equity securities [5]
Burger King Tests AI Tracking Employee Courtesy: Will Extra 'Please' And 'Thank Yous' Lift The Stock?
Benzinga· 2026-02-27 21:20
Burger King fans may soon be celebrating the improvements made to the Whopper with the restaurant company making changes for the first time in around 10 years. The restaurant company is also adding new artificial intelligence tools to improve restaurant operations and customer service, items that could help sales and the stock of parent company Restaurant Brands International (NYSE:QSR) .Burger King Testing AI For RestaurantsBurger King parent Restaurant Brands International beat analyst estimates for the f ...
IHE: U.S. Pharmaceuticals ETF With Excellent GARP Features
Seeking Alpha· 2026-02-27 21:18
Core Insights - The iShares U.S. Pharmaceuticals ETF (IHE) is currently trading at a forward earnings multiple of 15.69x and is projected to see an earnings per share growth of 19.07% over the next twelve months according to analysts [1] Group 1: ETF Overview - The iShares U.S. Pharmaceuticals ETF (IHE) focuses on the pharmaceutical sector within the U.S. equity market [1] - The ETF is analyzed using a proprietary ranking system that evaluates nearly 1,000 ETFs based on various factors including costs, liquidity, risk, size, value, dividends, growth, quality, momentum, and sentiment [1] Group 2: Analyst Background - The Sunday Investor, who covers U.S. Equity ETFs, has a strong analytical background and holds a Certificate of Advanced Investment Advice from the Canadian Securities Institute [1] - The Sunday Investor has completed all educational requirements for the Chartered Investment Manager designation [1]
Why Innovative Industrial Properties Stock Is Rising Higher This Week
The Motley Fool· 2026-02-27 21:16
Shares of leading cannabis-focused real estate investment trust (REIT) Innovative Industrial Properties (IIPR 3.04%) are up 16% this week as of 3 p.m. ET on Friday after the company announced fourth-quarter earnings. While revenue and funds from operations (FFO) each declined 13% in Q4, these figures easily exceeded Wall Street's expectations, helping push shares higher. A lot of this slowdown stems from litigation tied to defaults will that keep resolving with time, so the drop in revenue and FFO is worse ...
What's it going to take to get banks back into mortgages?
American Banker· 2026-02-27 21:16
Key Insight: Experts say even if regulators recalibrate capital standards, structural and competitive realities that did not exist before 2008 are the biggest drivers in their dwindling market share in mortgage origination and servicing. Nonbanks now dominate the sector, aided by leaner cost structures that are built for rate volatility — advantages that banks will have a hard time imitating.Expert Quote: "Everybody's looking for that one magic bullet. There's no one magic bullet here. A series of changes s ...
Sable Offshore Corp. Reports Full Year 2025 Results
Businesswire· 2026-02-27 21:16
Core Insights - Sable Offshore Corp. reported a net loss of $410.2 million for the full year 2025, primarily due to production restart-related operating expenses and general & administrative expenses [1] - The company successfully restarted production at the Santa Ynez Unit in May 2025 and has begun flowing oil to Las Flores Canyon [1] - Sable raised approximately $295.0 million through a public offering of 10 million shares at $29.50 per share in May 2025 [1] - A private placement in November 2025 raised an additional $250.0 million by issuing 45,454,546 shares at $5.50 per share [1] - The company ended 2025 with short-term outstanding debt of $921.6 million and cash and cash equivalents of $97.7 million [1] Operational Highlights - Production at the Santa Ynez Unit was restarted on May 15, 2025, following the completion of an anomaly repair program on the Santa Ynez Pipeline System [1] - Hydrotests of all segments of the Santa Ynez Pipeline System were successfully completed by May 28, 2025, allowing for the resumption of petroleum transportation [1] - An alternative strategy involving shuttle tankers for accessing domestic and global markets is being pursued [1] Financial Developments - The company extended the maturity date of its Senior Secured Term Loan to March 31, 2027, with an increased interest rate from 10% to 15% per annum [1] - The gross proceeds from the public offering and private placement indicate strong investor interest despite the company's financial losses [1] Regulatory and Compliance Updates - The Pipeline and Hazardous Materials Safety Administration (PHMSA) confirmed that the Santa Ynez Pipeline System is classified as an interstate pipeline facility, granting it exclusive regulatory authority [1] - An emergency special permit was issued by PHMSA for segments of the Santa Ynez Pipeline System, addressing specific safety concerns [1]