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TransAlta Co. (NYSE: TAC) Quarterly Earnings Preview and Strategic Partnership Highlights
Financial Modeling Prep· 2026-02-26 22:00
Core Viewpoint - TransAlta Co. is facing financial challenges but maintains a "Moderate Buy" consensus rating from analysts, with a focus on enhancing its position in the digital currency market through strategic partnerships [3][5][6] Financial Performance - The company is expected to report earnings per share (EPS) of $0.05 and projected revenue of approximately $493.4 million for the upcoming quarterly earnings release [1][6] - TransAlta has a negative price-to-earnings (P/E) ratio of -29.03, indicating ongoing losses [4][6] - The price-to-sales ratio stands at 2.08, suggesting investors are willing to pay $2.08 for every dollar of sales [4] - The enterprise value to sales ratio is 3.78, reflecting the company's total valuation relative to its sales [4] Debt and Liquidity - The company's debt-to-equity ratio is high at 2.88, indicating a reliance on debt financing [5] - The current ratio is 0.79, suggesting potential liquidity challenges in covering short-term liabilities with current assets [5] Market Position and Analyst Sentiment - TransAlta's subsidiary, CyberScope Web3 Security, has partnered with Circle to enhance stablecoin infrastructure security, which could strengthen its position in the digital currency market [2][6] - The stock has received a "Moderate Buy" consensus rating from eight brokerages, with six analysts recommending buying the stock and two suggesting holding it [3]
Digital euro to cost EU banks 4-6 billion euros over 4 years, ECB estimates
Yahoo Finance· 2026-02-19 12:47
By Valentina Za MILAN, Feb 19 (Reuters) - Introducing the digital euro could cost European banks between 4 billion and 6 billion euros ($4.7-$7.1 billion) spread over four years, a senior European Central Bank policymaker said on Thursday. ECB Governing Council member Piero Cipollone also said the new digital‑only central bank currency which the ECB is working on is estimated to cost around 1.3 billion euros to set up. Operational costs would then be about 300 million euros, he added, without speci ...
BitGo is boldly going public, at a time of uncertainty for bitcoin's outlook
MarketWatch· 2026-01-22 14:59
Group 1 - BitGo is going public with an IPO that priced above the expected range [1] - The valuation of BitGo is set at $2.1 billion [1]
This Is How The US Government Is SECRETLY Weaponizing Ripple RLUSD & XRP
NCashOfficial - Daily Crypto & Finance News· 2026-01-21 05:00
I think that um right now we are at a decisionmaking point and very close to a recession and I'm worried about something worse than a recession if this isn't handled well. A recession is two negative quarters of GDP and whether it goes slightly there. We always have those things. We have something that's much more profound. We have a breaking down of the monetary order. we are going to change the monetary order because we cannot spend the amounts of money. So we have that problem and when we talk about the ...
OBOOK Holdings Inc. Reschedules First Half 2025 Financial Results Conference Call to December 29, 2025
Globenewswire· 2025-12-26 09:22
Core Viewpoint - OBOOK Holdings Inc. (OwlTing) has rescheduled its earnings conference call to discuss financial results for the first half of 2025, which will take place on December 29, 2025, after U.S. market close [1][2]. Company Overview - OBOOK Holdings Inc. operates as the OwlTing Group, a blockchain technology company headquartered in Taiwan with subsidiaries in multiple countries including the U.S., Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia [3]. - The company is recognized as one of the top 2 global players in the "Enterprise & B2B" category of the digital currency market map according to CB Insights statistics in 2025 [3]. - OwlTing's mission is to leverage blockchain technology for reliable and transparent data management, aiming to transform the global flow of funds for businesses and consumers [3]. - The company has introduced OwlPay, a hybrid payment solution for Web2 and Web3, to support businesses in the expanding digital currency economy [3].
X @Dash
Dash· 2025-12-17 22:39
RT Around The Coin Podcast (@aroundthecoin)ATC features Joël Valenzuela (@TheDesertLynx), @Dashpay core member. The Dash Project Team builds and maintains an innovative decentralized payment network which acts as the core of an ecosystem of engaged consumers, merchants, and service providers. This network provides users with a private, fast, and fungible digital currency that’s as easy to use as cash, credit cards or PayPal.Joël Valenzuela challenges builders to think beyond today’s regulations and short-te ...
Asia-Pacific markets set to open higher ahead of private survey of China’s manufacturing activity
CNBC· 2025-12-01 00:07
Market Overview - Asia-Pacific markets opened December mostly in the red, influenced by fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve rate cut this month [1] - Traders are pricing in an 87.4% chance of a quarter-point rate cut for the upcoming Fed meeting on December 10 [1] China Manufacturing Data - China's factory activity unexpectedly contracted in November, as indicated by a private survey, reflecting soft domestic demand [2] - The RatingDog China General Manufacturing PMI dropped to 49.9 in November, missing analysts' expectations of 50.5, indicating contraction [3] - Official data showed China's factory activity improved slightly to 49.2 in November, marking the eighth consecutive month of contraction [3] Hong Kong Market Reaction - Hong Kong-listed firms with exposure to digital assets saw significant declines after the People's Bank of China warned of illegal activities related to digital currencies [4] - Stocks of Yunfeng Financial and Bright Smart Securities & Commodities Group tumbled more than 7%, while Guotai Junan fell as much as 3% [4] Japan and South Korea Market Performance - Japan's Nikkei 225 index fell 1.3%, with notable declines in companies such as Fujikura (down 8.11%) and Sumitomo Pharma (down 5.82%) [5] - South Korea's Kospi index decreased by 0.66%, while the small-cap Kosdaq advanced by 1.29% [5] - Australia's ASX/S&P 200 declined by 0.23% [5]
Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong
Yahoo Finance· 2025-11-03 13:30
Core Insights - Banco Inter and Chainlink have successfully conducted a blockchain-based pilot for real-time cross-border trade transactions using digital currencies and smart contracts [1][2] - The pilot is part of Brazil's Drex digital currency initiative, linking Brazil's Drex network with Hong Kong's Ensemble platform [2] - The project aims to create a more inclusive trade finance ecosystem by reducing costs and improving coordination across platforms [5] Group 1: Pilot Details - The pilot involved the Central Banks of Brazil and Hong Kong, enabling real-time settlement of transactions [1] - Chainlink's infrastructure facilitated the connection between Brazil's and Hong Kong's systems, allowing automated workflows for fund and asset record transfers [2] - The pilot tested delivery-versus-payment (DvP) and payment-versus-payment (PvP) models to minimize settlement risk [3] Group 2: Payment Mechanisms - The system supported conditional and installment-based payments, releasing funds upon confirmation of specific trade process stages [4] - Supporting organizations included Standard Chartered, GSBN, and 7COMm, with GSBN managing updates to the electronic bill of lading [4] Group 3: Future Plans - The partners intend to expand testing to include additional trade models and connect with more financial institutions [5]
Top Stock Picks for Week of October 20, 2025
Zacks Investment Research· 2025-10-21 20:18
Tesla (TSLA) Analysis - Tesla has transformed into a dynamic technology innovator in the EV space [1] - Tesla's Energy Generation and Storage business is experiencing robust growth due to strong demand for Megapack and Powerwall products [1] - Tesla possesses high liquidity and low leverage, providing financial flexibility for growth opportunities [1] - Tesla launched its robotaxi in Austin in June 2025, with potential expansion to other U S regions by year-end, pending regulatory approvals [1] - Tesla anticipates significant cost and scaling advantages in its robotaxi venture [1] - Tesla is scheduled to release its third quarter 2025 results on Wednesday, October 22nd, after market close [1] - Shares of Tesla have rallied 93% over the past six months, outperforming the industry and peers [1] Cryptocurrency (iShares Bitcoin Trust - IBIT) Analysis - Cryptocurrency sentiment is turning upbeat in October, with analysts anticipating a potential "Uptober" rally [1] - Increasing interest from institutional investors is sending a positive signal to the market [1] - Pro-crypto moves by the Trump administration and the growing ties to the broader financial ecosystem are key tailwinds [1] - Fundamental drivers of digital currencies are expected to remain robust and support anticipated stability [1]
Chinese tech giants halt stablecoin plans in Hong Kong-report
Yahoo Finance· 2025-10-21 10:18
Core Insights - Chinese tech companies, including Ant Group and JD.com, have paused their plans to issue stablecoins in Hong Kong due to concerns from Beijing regarding private sector-controlled currencies [1][2] - The People's Bank of China (PBoC) and the Cyberspace Administration of China (CAC) have instructed these companies to halt their stablecoin ambitions, citing potential challenges to the PBoC's digital currency project, the e-CNY [2] - Regulatory concerns are centered around the authority of coinage, questioning whether it should belong to the central bank or private companies [3] Company Actions - Ant Group and JD.com were initially interested in participating in Hong Kong's pilot stablecoin program but have now suspended these plans [1] - The PBoC has advised against participation in the stablecoin rollout, reflecting a cautious stance towards tech companies issuing currencies [2] Regulatory Environment - The Hong Kong Monetary Authority began accepting applications for stablecoin issuers in August, aiming to position Hong Kong as a testing ground for mainland China [4] - There is a growing interest in renminbi-denominated stablecoins, which could enhance the international use of the yuan [4] - Former PBoC governor Zhou Xiaochuan has called for a comprehensive evaluation of stablecoins and their potential systemic risks, leading to a more cautious regulatory approach [5][6] Market Implications - Stablecoins, which are pegged to fiat currencies like the US dollar, are crucial for crypto trading, and the pushback from Chinese authorities reflects broader global regulatory concerns [3] - Zhou Xiaochuan warned against the excessive use of stablecoins for asset speculation, which could lead to financial instability [6]