Workflow
State Street ETF Grows to Five Times Former Size Thanks To One Investor
Yahoo Finance· 2026-02-04 16:42
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. (Bloomberg) -- State Street Corp.’s $100 million private credit ETF got a shot in the arm after a big buyer injected a record amount of cash this week, putting it within reach of a key threshold — half a billion in assets. The fund, which trades under the ticker “PRIV,” roughly quintupled in one day, taking in nearly $396 million Monday, the biggest single-day inflow since the fund launched las ...
This company is providing relief from higher utility rates, and the stock is surging
MarketWatch· 2026-02-04 16:42
This company is providing relief from higher utility rates, and the stock is surging - MarketWatch# This company is providing relief from higher utility rates, and the stock is surging## Enphase Energy's stock soars after a beat-and-raise quarter and a call that consumer demand for solar is bottomingPublished: Feb. 4, 2026 at 11:42 a.m. ETShareResize---Listen(3 min)Enphase's stock was soaring Wednesday after the company's upbeat earnings report and a view that residential solar demand has bottomed as consum ...
Old Dominion (ODFL) Q4 2025 Earnings Transcript
Yahoo Finance· 2026-02-04 16:41
Core Viewpoint - Old Dominion Freight Line reported solid financial results for the fourth quarter of 2025, demonstrating a commitment to revenue quality and cost discipline despite a challenging environment. The company achieved a 99% on-time service rate and a cargo claims ratio of 0.1%, indicating strong operational performance [4][10]. Financial Performance - Revenue for the fourth quarter totaled $1.31 billion, reflecting a 5.7% decrease from the previous year, driven by a 10.7% decrease in LTL tons per day, partially offset by a 5.6% increase in LTL revenue per hundredweight [10]. - The operating ratio increased to 76.7% for the fourth quarter, up 80 basis points from the previous year, indicating a decline in profitability metrics due to decreased revenue [12][15]. - Cash flow from operations was $310.2 million for the fourth quarter and $1.4 billion for the year, with capital expenditures of $45.7 million and $415 million, respectively [14]. Operational Efficiency - The company maintained direct operating costs as a percentage of revenue at 53% in 2025, consistent with the previous year, despite a decline in network density [7][13]. - Investments in technology and business process improvements have enhanced productivity, allowing for better management of variable operating costs [7][6]. Market Position and Strategy - Old Dominion has gained more market share than any other LTL carrier over the past decade, attributed to its superior service and disciplined yield management [5][6]. - The company is cautiously optimistic about a recovery in demand within the industry, supported by its industry-leading service standards and increased network capacity [7][8]. Future Outlook - The company anticipates revenue for the first quarter of 2026 to be between $1.25 billion and $1.3 billion, with expectations of a sequential increase in operating ratio of approximately 150 basis points [22][23]. - There is a focus on managing costs effectively while preparing for potential volume growth as the market conditions improve [39][65]. Employee and Compensation Insights - The company continues to prioritize employee compensation, with healthy raises expected to be given, reflecting its commitment to rewarding employees for their performance [46][47]. Competitive Landscape - Old Dominion remains confident in its competitive position, citing a structural difference in capacity management compared to peers, which allows for better growth potential when demand increases [78][79].
RES Q4 Earnings Miss Estimates on Higher Costs, Revenues Rise Y/Y
ZACKS· 2026-02-04 16:41
Key Takeaways RES reported Q4 adjusted EPS of 4 cents, missing estimates, while revenue rose to $426 million, up y/y.RES higher costs from expensing wireline cable and reduced activity pressured earnings, offset by Pintail.RES posted a $4 million operating loss as Technical and Support Services profits fell amid weaker activity.RPC Inc. (RES) reported fourth-quarter 2025 adjusted earnings of 4 cents per share, which missed the Zacks Consensus Estimate of 7 cents. The bottom line also declined from the year- ...
American Financial Beats on Q4 Earnings, Declares Special Dividend
ZACKS· 2026-02-04 16:41
Key Takeaways P&C underwriting profit soared 41% to $287M, driven by Property & Transportation.AFG returned $707M to owners in 2025 and declared a fresh $1.50 special dividend.AFG targets $11.00 EPS and 18% ROE, with 3-5% premium growth expected next year.American Financial Group, Inc. (AFG) reported fourth-quarter 2025 net operating earnings per share of $3.65, which beat the Zacks Consensus Estimate by 14.8%. The bottom line increased 17% year over year on underwriting income.AFG’s robust fourth-quarter e ...
Spirit Airlines looks to transfer two Chicago airport gates to United Airlines for $30 million
Reuters· 2026-02-04 16:41
Spirit Aviation is seeking court approval to transfer two airport gates to United Airlines for $30.2 million, according to a court filing. ...
Mayo Says This Is a 'New Era for Bank Consolidation'
Youtube· 2026-02-04 16:39
What is the biggest driver. Because that need to consolidate has been around. Is it just that the regulation is letting the banks do this now.Well, scale has never been more important. And to put things in context, the bank that just sold, it takes them it would have taken them a decade and a half of spending to equal what JPMorgan's going to be spending just on technology this year. So it's never been more competitive.But, also, the regulatory environment, it suppressed the level of bank mergers. I think t ...
Exclusive: Cigna settles FTC insulin case, commits to overhauling drug pricing
Reuters· 2026-02-04 16:38
Cigna Corp's Express Scripts has settled the U.S. Federal Trade Commission's claims its insulin pricing practices violated antitrust and consumer protection laws, and agreed to changes aimed at loweri... ...
Exclusive-Cigna settles FTC insulin case, commits to overhauling drug pricing
Yahoo Finance· 2026-02-04 16:37
Feb 4 (Reuters) - Cigna Corp's Express Scripts has settled the U.S. Federal Trade Commission's claims its insulin pricing practices violated antitrust and consumer protection laws, and agreed to changes aimed at ​lowering costs for patients, insurers and small pharmacies, according to a copy of the settlement ‌seen by Reuters. The Trump administration has taken aim at high drug costs, and secured agreements with pharmaceutical companies to slash prices. The ‌settlement fits with that goal, and allows th ...
Closed-End Funds: Screening For The Best Municipal Bond Exposure
Seeking Alpha· 2026-02-04 16:37
To see all that our exclusive membership has to offer, sign up for a free trial by clicking on the button below!At the CEF/ETF Income Laboratory , we manage closed-end fund ( CEF ) and exchange-traded fund (ETF) portfolios targeting safe and reliable ~8% yields to make income investing easy for you. Check out what our members have to say about our service.Municipal bonds can be some of the safest fixed-income investment securities there are, aside from U.S. Treasury offerings. They come with relatively lowe ...