Tribunal denies confidentiality, stay motions
Investment Executive· 2026-01-19 21:58
That allegation has not been proven. In the meantime, Ward brought a motion seeking that the current proceeding be kept confidential — and, if not, that the proceeding be stayed entirely.According to the tribunal’s decision, Ward argued that a blanket confidentiality order is needed “to give him a fair and full hearing.”And, he said that his defence in the current case will rely on evidence that was ordered to be kept confidential in the earlier proceeding, which resulted in his settlement with the OSC.Inde ...
Organto Foods Inc. Implements Early Warrant Exercise Incentive Program
Accessnewswire· 2026-01-19 21:55
Core Viewpoint - Organto Foods Inc. has received conditional acceptance from the TSX Venture Exchange for its early exercise incentive program related to 8,000,000 warrants [1] Group 1 - The incentive program was previously announced in a news release dated January 2, 2026 [1]
Ritchie Bros. Sets the Stage for February 2026 Orlando Auction with Featured Equipment and Industry-Leading Onsite Experience
Businesswire· 2026-01-19 21:45
Core Insights - RB Global, Inc. is preparing for the February 2026 Orlando auction, which is recognized as the world's largest equipment auction, featuring over 7,000 assets from various industries [1][2] Auction Details - The auction will take place from February 16 to 20, 2026, at the Orlando facility, with live onsite bidding, online participation, and Timed Auction formats [1][2] - Each day will feature live bidding, with specific days dedicated to major equipment sales, including articulated dump trucks and wheel loaders [2] Customer Engagement - Attendees will have access to Ritchie Bros. teams, including product specialists and financial services, to enhance their auction experience [3] - The event will also include an invite-only Creator Day on February 17, aimed at capturing the auction's scale and energy for broader social media engagement [4] Company Overview - RB Global operates as a leading omnichannel marketplace for commercial assets and vehicles, serving various sectors including automotive, construction, and agriculture [6]
Power Integrations to Release Fourth-Quarter Financial Results on February 5
Businesswire· 2026-01-19 21:45
Group 1 - The article discusses the necessity of strictly necessary cookies for website functionality, which cannot be disabled in the system [1] - These cookies are set in response to user actions that request services, such as setting privacy preferences or logging in [1] - Users can block or receive alerts about these cookies through their browser settings, but this may affect the functionality of certain parts of the site [1]
Ford Ended 2025 With a Strong Statement for Investors
The Motley Fool· 2026-01-19 21:45
Core Insights - The automotive industry is undergoing significant transformation, with a shift from internal combustion engines to hybrids and electric vehicles, alongside the integration of AI in production and autonomous vehicle software [2] - Ford Motor Company ended 2025 positively, achieving strong sales performance and market share growth [3][5] Group 1: Sales Performance - Ford's total sales increased by 6% in 2025, surpassing 2.2 million vehicles in the U.S., with a market share of 13.2% [5] - In December, Ford outperformed the industry for the 10th consecutive month, gaining 0.6 percentage points in market share [4] - The fourth-quarter sales rose by 2.7%, contributing to Ford's best annual and quarterly sales performance since 2019 [5] Group 2: Product Strategy - Ford's F-Series trucks sold over 820,000 units in 2025, marking an 8.3% increase and outselling its nearest competitor by approximately 250,000 trucks [8] - The company is shifting its focus from full-electric vehicles to hybrids and extended-range vehicles until the new Universal EV Platform is operational [9][10] - Ford achieved record hybrid sales in 2025, with over 228,000 units sold, indicating profitability in hybrids compared to electric vehicles [10] Group 3: Market Context - Despite strong sales, Ford faces challenges such as changing trade policies, tariffs, and increasing competition from Chinese automakers [11]
Meritage Announced 2025 Preliminary Unaudited Results; 2026 Outlook: Sales and Margin Recovery
Globenewswire· 2026-01-19 21:45
Financial Performance - The company reported sales of $617.7 million for the fiscal year 2025, a decrease from $668.8 million in the previous year [8] - The loss from operations was $(22.9) million compared to a profit of $13.3 million last year, which included one-time charges of $13.7 million related to pre-opening and closure costs of 21 underperforming restaurants [8] - Net earnings were $(26.3) million, down from $8.0 million in the previous year [8] - Consolidated EBITDA was $(6.8) million, a significant decline from $42.4 million last year [8] Fourth Quarter Highlights - Sales for the fourth quarter were $145.0 million, down from $168.7 million for the same period last year [8] - The loss from operations for the fourth quarter was $(15.7) million compared to $(2.3) million in the same quarter last year, including one-time charges of $10.6 million [8] - Net earnings for the fourth quarter were $(13.4) million, compared to a profit of $5.2 million in the previous year [8] - Consolidated EBITDA for the fourth quarter was $(12.3) million, down from $13.7 million last year [8] Operational Insights - The company ended the year with 365 restaurants across 15 states, including the Morning Belle concept, which achieved an 8.7% increase in same restaurant sales in 2025 [5] - The company anticipates substantial EBITDA recovery in 2026 due to cost-saving initiatives and new product innovations [4] - The company is focusing on general and administrative cost reductions and operational efficiencies to improve overall economics and customer experience [5] Future Outlook - The initial fiscal 2026 outlook suggests a margin recovery story, with strategic priorities aimed at leveraging cost savings and returning to normalized margins [6] - The company expects sales in the range of $610 million to $620 million, with earnings from operations projected between $6.0 million and $7.0 million, and EBITDA expected to be between $18.0 million and $20.0 million [9]
Sandisk (SNDK) Has Become the Hottest Tech Stock to Pursue in 2026
ZACKS· 2026-01-19 21:35
Core Viewpoint - Sandisk Corporation (SNDK) has seen a significant stock increase of +70% to over $400 per share in just 11 trading days, positioning it as a leading tech stock for 2026 due to a scarcity in the NAND memory chip market [1][4]. Company Overview - Sandisk is a major producer of NAND flash memory, benefiting from the increasing demand for high-performance flash storage driven by AI infrastructure [2]. - The company was spun off from Western Digital (WDC) to focus on flash memory, which has distinct market and growth profiles compared to hard-disk drives [3]. Market Dynamics - The demand for NAND has surged due to the AI and data-center boom, with solid-state drives (SSDs) being essential for data processing in AI applications [6]. - The broader industry is experiencing a scarcity of NAND, which has significantly boosted Sandisk's stock performance, with a +700% increase since its public listing in February 2025 [4]. Financial Performance - Sandisk's sales are projected to increase by 42% in fiscal 2026 to $10.45 billion, up from $7.36 billion in the previous year, with further growth of 26% expected in FY27 to $13.15 billion [8]. - Annual earnings per share (EPS) are anticipated to rise by 350% to $13.46 in FY26, with a further increase of 93% to $25.94 in FY27 [8]. Valuation Metrics - Despite the stock's remarkable rally, Sandisk is trading at a forward earnings multiple of 30X, which is comparable to the S&P 500 and in line with Western Digital and the industry average [10][11]. Investment Outlook - Sandisk is positioned as a strong buy based on rising EPS revisions, indicating potential for further upside in the context of accelerating NAND demand [13].
3 AI Stocks That May Be The Biggest Winners In 2026
247Wallst· 2026-01-19 21:30
Industry Overview - Artificial intelligence stocks have been among the best investments over the past year, outperforming the S&P 500 in 2025, with potential for continued success into 2026 and beyond [1] Company: IREN - IREN (NASDAQ:IREN) is an AI infrastructure company with a significant 5-year, $9.7 billion deal with Microsoft (NASDAQ:MSFT) for 200 megawatts, highlighting the demand for data centers and energy to support AI workloads [2] - The company has approximately three gigawatts in its pipeline, with its 1.4 gigawatt Sweetwater 1 site expected to be operational by April, ahead of competitors [3] - Although IREN started as a crypto miner, the Microsoft deal and potential for similar agreements are expected to shift its business trajectory, with the stock price increasing over 300% in the past year [4] Company: Rezolve AI - Rezolve AI (NASDAQ:RZLV) has a market cap of $1.5 billion and has seen a rally of over 90% in the past year, despite a 40% decline from its all-time highs [5] - The company exited 2025 with approximately $209 million in annual recurring revenue and anticipates reaching at least $500 million by the end of 2026, with projected earnings of $350 million in 2026 compared to $40 million in 2025 [6][7] Company: Aeluma - Aeluma (NASDAQ:ALMU) is a semiconductor company that has nearly tripled in value over the past year, attracting significant investment despite only generating $1.4 million in Q1 FY26 [8] - The company has secured new partnerships and extended contracts, including with NASA, and expects to generate $4 million to $6 million in revenue in fiscal 2026 as it expands into commercial markets [9] - Aeluma has no long-term debt and holds $38 million in cash, positioning it for potential significant returns if commercialization efforts succeed [10]
ICSID Annulment Update
Accessnewswire· 2026-01-19 21:30
Core Viewpoint - Gabriel Resources Ltd. has announced the postponement of the hearing scheduled for January 22 and 23, 2026, due to the unavailability of one member of the ad hoc committee [1] Company Summary - Gabriel Resources Ltd. is involved in a legal proceeding with the International Centre for Settlement of Investment Disputes (ICSID) [1] - The hearing's postponement indicates potential delays in the resolution of the investment dispute [1]
Nvidia's Stock Hasn't Been This Cheap in Over a Year. Here's What History Suggests Will Happen Next.
The Motley Fool· 2026-01-19 21:30
The chipmaker rallied during the second half of 2025, but can it sustain its momentum in 2026?When it comes to the artificial intelligence (AI) industry, no company is watched as closely as Nvidia (NVDA 0.44%). Over the last three years, the company's graphics processing units (GPUs) and its CUDA computing platform have become central pillars supporting generative AI development.Nvidia has become so influential in the AI realm that its quarterly earnings reports have essentially turned into a yardstick for ...