Financial Data and Key Metrics Changes - For the full year 2025, core FFO was reported at $0.87 per diluted share, with Q4 core FFO at $0.23 per diluted share [24] - Same-store property cash NOI increased by 3.4% year-over-year for Q4 and 60 basis points for the full year [24] - Operating expenses increased by 1.7% for Q4 and 3.4% for the full year, primarily due to higher real estate taxes and cleaning-related labor costs [25] Business Line Data and Key Metrics Changes - The office portfolio is 93.5% leased, reflecting strong demand for top-tier, modernized properties [8][19] - The multifamily portfolio showed excellent performance with occupancy just under 98% and revenue increasing by 9% year-over-year in Q4 [23] - The Observatory business generated approximately $24 million of NOI in Q4 and $90 million for the full year, with revenue per capita increasing by 6.9% year-over-year in Q4 [25] Market Data and Key Metrics Changes - The leasing market in New York City is described as the strongest since 2019, with strong demand across various industries [19] - The company has a pipeline of over 170,000 sq ft of leases anticipated to close in the first and second quarters of 2026 [33] - The market for large block, institutional quality office space remains supply-constrained, with strong demand [15] Company Strategy and Development Direction - The company has transformed its portfolio to a 100% New York City focus, enhancing cash flow and portfolio quality [12] - A proactive balance sheet management strategy allows for strategic transactions and shareholder value creation [8] - The company aims to continue improving the quality of its portfolio and cash flows through prudent capital allocations [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term cash growth potential of the portfolio despite known tenant rollovers impacting FFO growth in 2026 [8] - The company anticipates a consistent performance in 2026, with core FFO guidance ranging from $0.85 to $0.89 per diluted share [27] - Management remains focused on enhancing the guest experience and driving efficiencies in the Observatory business [30] Other Important Information - The company completed $1 billion in acquisitions of high-quality real estate and disposed of suburban commercial assets without tax leakage [8] - The company achieved the highest possible GRESB rating for the sixth consecutive year, reflecting its sustainability leadership [10] - Opportunistic share repurchases remain a strategic part of the capital allocation framework, with $6 million repurchased in Q4 [17] Q&A Session Summary Question: Outlook on leasing activity for Q1 2026 - Management indicated strong market tenor and a pipeline of over 170,000 sq ft of leases anticipated to close in the first and second quarters [33] Question: Details on the sale price of the Stamford asset - The asset was sold for mid-$60 million, with a cap rate around 7% [34] Question: Impact of proposed property tax increases - Management stated that any increase would be passed through to tenants, and the market dynamics would dictate rent adjustments [38][39] Question: Impact of AI on leasing decisions - Management noted strong demand for high-quality office space, with AI being a positive factor for leasing demand [40] Question: Impact of new mayor's policies on leasing discussions - Management confirmed that the new mayor's rhetoric has not impacted leasing discussions, with high demand remaining [44] Question: Competition and economic outlook for the Observatory - Management highlighted a shift in visitor composition and strong direct marketing efforts, with competition from other attractions noted [48][49]

Financial Data and Key Metrics Changes - For the full year 2025, core FFO was reported at $0.87 per diluted share, reflecting continued performance across the platform [4] - Same-store property cash NOI increased by 3.4% year-over-year for Q4 and 60 basis points for the full year [22] - Operating expenses increased by 1.7% for Q4 and 3.4% for the full year, primarily driven by higher real estate taxes and cleaning-related labor costs [22] Business Line Data and Key Metrics Changes - The office portfolio is 93.5% leased, with a 170 basis point increase in occupancy year-over-year [18] - The multifamily portfolio reported occupancy just under 98%, with revenue increasing by 9% year-over-year in Q4 and 10% for the full year [21] - The observatory business generated approximately $24 million of NOI in Q4 and $90 million for the full year, with revenue per capita increasing by 6.9% year-over-year in Q4 [23] Market Data and Key Metrics Changes - The leasing market in New York City is described as the strongest since 2019, with strong demand concentrated among top-quality, modernized buildings [18] - The company has a pipeline of over 170,000 sq ft of leases anticipated to close in the first and second quarters of 2026 [31] - The market for large block, institutional quality office space is supply-constrained, with strong demand [12] Company Strategy and Development Direction - The company has transformed its portfolio to a 100% New York City focus, enhancing cash flow and portfolio quality [6] - A proactive balance sheet management strategy is in place to provide flexibility for strategic transactions and shareholder value creation [6] - The company aims to continue improving the quality of its portfolio and cash flows through prudent capital allocations [17] Management's Comments on Operating Environment and Future Outlook - Management expects 2026 FFO and same-store cash NOI to be consistent with 2025 results, with anticipated commercial occupancy of 90%-92% by year-end 2026 [25] - Known tenant rollover is expected to impact FFO growth in 2026, but the portfolio is well-positioned for long-term cash growth [6] - The company remains optimistic about the return of traditional international visitors and is focused on enhancing guest experiences [8] Other Important Information - The company achieved the highest possible GRESB rating for the sixth consecutive year, reflecting its sustainability leadership [9] - Opportunistic share repurchases remain a strategic part of the capital allocation framework, with $6 million of shares repurchased in Q4 [16] - The company has completed $1 billion of acquisitions of high-quality real estate, improving cash flow and portfolio quality [6] Q&A Session Summary Question: Outlook on leasing activity for Q1 2026 - Management indicated strong market tenor and a pipeline of over 170,000 sq ft of leases anticipated to close in the first and second quarters [31] Question: Details on the sale of the Stamford asset - The sale price was mid-$60 million, with adjustments bringing it close to the debt balance [32] Question: Impact of proposed property tax increases - Management stated that any increase would be passed through to tenants, and the market dynamics would dictate rent adjustments [36][37] Question: Impact of AI on leasing decisions - Management noted strong demand for high-quality office space, with AI being a positive factor for leasing activity [38] Question: Impact of the new mayor's policies on leasing discussions - Management confirmed that there has been no impact on leasing discussions from the new mayor's rhetoric or policies [42] Question: Economic outlook for the observatory and competition - Management highlighted a shift in visitor composition towards more domestic visitors and noted competition from other attractions [46]

Marimekko Corporation, Stock Exchange Release, 18 February 2026 at 18.45 p.m. EET Marimekko Corporation: Repurchase of own shares on 18 February 2026 Marimekko Corporation (LEI: 74370053IOY42B9YJ350) has acquired its own shares (ISIN FI0009007660) as follows: Trade date18 February 2026Bourse tradeBuyShareMEKKOVolume5,955Average price/share, EUR11.3356Total price, EUR67,503.50 On 12 February 2026, Marimekko announced that it will start acquiring the company’s own shares based on the authorization granted by ...

Core Insights - Insulet reported better-than-expected fourth-quarter results driven by strong demand for its tubeless insulin pumps, forecasting 20% to 22% revenue growth for full-year 2026 in constant currency and over 25% increase in adjusted earnings per share [1] Financial Performance - Insulet's sales for the fourth quarter reached $781.8 million, exceeding analysts' estimates of $767.3 million, with total revenue jumping 31.2% to $783.8 million compared to estimates of $768.7 million [1] - On an adjusted basis, Insulet earned $1.55 per share for the quarter, surpassing estimates of $1.45 [1] Future Outlook - For the current quarter, Insulet forecasts revenue growth of 25% to 27% in constant currency [1] - The company announced a $350 million increase to its share repurchase authorization, planning to deploy approximately $300 million in buybacks during the first quarter of 2026, which analysts view as a bullish signal [1] Product Demand - Insulet's sales surge is attributed to broader regulatory approvals for its Omnipod 5 automated insulin delivery system, now cleared for use in both type 1 and type 2 diabetes patients in the U.S. [1] - The demand for Insulet's products aligns with similar trends observed in the market, as its larger peer Dexcom also reported robust demand for continuous glucose monitoring systems [1]

Core Insights - Helix Partners Management LP has acquired a new position in Cinemark Holdings, purchasing 300,000 shares valued at approximately $6.97 million [2][8] - Cinemark Holdings reported a revenue of $3.15 billion and a net income of $154.80 million for the trailing twelve months [4] - The company has a dividend yield of 1.33% and its stock price was $24.86 as of February 12, 2026, reflecting a 21.1% decline over the past year [4][8] Company Overview - Cinemark Holdings is a leading motion picture exhibitor with a significant presence in the Americas, generating revenue through box office sales, concessions, and advertising [6][9] - The company operates a large theatre network, leveraging its scale and geographic footprint to maintain competitive advantages in the entertainment industry [6] Financial Performance - In Q3, Cinemark reported $858 million in revenue, $51 million in net income, and $178 million in adjusted EBITDA, achieving a margin of 20.7% [7] - The company has eliminated its remaining pandemic-related debt and authorized a $300 million share repurchase program while increasing its dividend by 12.5% [7] Market Position - Cinemark's shares have underperformed the S&P 500 by 34.01 percentage points over the past year, with attendance reaching 54.2 million patrons in Q3 and record concession revenue per cap of $8.20 domestically [8][10] - The investment by Helix Partners suggests a belief in a potential turnaround for Cinemark, despite current stock performance [7][10]

Corsair Gaming shares are powering higher. Why is CRSR stock surging?Double Beat, Segment Performance And Share RepurchaseCorsair reported adjusted earnings per share of 43 cents, beating the consensus estimate of 27 cents. In addition, the company reported revenue of $436.85 million, beating the consensus estimate of $421.99 million, and representing a 6% year-over-year increase.Gaming Components and Systems revenue grew more than 11% year-over-year in the fourth quarter, driven by 24% growth in the compan ...

TEL AVIV, Israel, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced that its board of directors has authorized a new plan to repurchase up to $80 million of its issued and outstanding ordinary shares (the “2026 Plan”). The 2026 Plan will expire on March 15, 2027. The 2026 Plan authorizes management to repurchase ordinary shares, from time to time, in open market transactions, in privately ne ...

In addition, GEO reactivated its 1,940-bed Adelanto ICE Processing Center in California during the third quarter, which Zoley said had been underutilized due to a COVID-related court case. He said the activation of these five facilities represents the largest startup activity in GEO’s history, with a combined annualized revenue value of approximately $400 million and the hiring and training of about 2,000 new employees .Zoley said GEO entered new contracts to house ICE detainees at four facilities totaling ...

Core Insights - CoreCivic aims for stabilized occupancy across several facilities by mid-2026, with expected annual revenue of approximately $2.5 billion and EBITDA of about $450 million, nearly $100 million higher year over year [1][6][4] Contract Awards and Revenue - Recent contract awards include the 600-bed West Tennessee Detention Facility, the 2,560-bed California City Immigration Processing Center, and the 2,160-bed Diamondback Correctional Facility, projected to generate about $260 million in annual revenue once operations normalize [2][6] - Federal revenue rose 49% year-over-year, with ICE revenue increasing by 103% to $124.4 million, while revenue from the U.S. Marshals Service declined [5][8] Occupancy and Demand - The average daily population across all managed facilities was 56,380 individuals in Q4 2025, up from 50,202 in the previous year, reflecting higher demand and new contracting activity [10] - ICE detention levels reached around 69,900 individuals nationwide in January 2026, marking an increase of nearly 10,000 from Q3 2025 [6] Financial Performance - Q4 2025 GAAP EPS was $0.26, with adjusted EPS rising to $0.27 from $0.16 a year earlier, and normalized FFO per share increased to $0.52 from $0.39 [11] - Operating margin in Safety and Community facilities was 22.2%, down from 23.6% a year earlier, but management expects margin improvement as activated facilities reach stabilized occupancy [13] Capital Structure and Share Repurchases - CoreCivic finished 2025 with total liquidity of $409.3 million and repurchased 11.2 million shares for $218.4 million during the year, representing 10.2% of shares outstanding at the beginning of the year [5][15] - For 2026, guidance includes diluted EPS of $1.49 to $1.59, FFO per share of $2.54 to $2.64, and EBITDA of $437 million to $445 million, excluding new contract awards not previously announced [16] Future Outlook - Management expects maintenance capital expenditures of $60 million to $70 million and $15 million for other capital expenditures in 2026, with an anticipated effective tax rate of 25% to 30% [16][17] - The company plans to prioritize cash flow and share repurchases while maintaining flexibility for growth opportunities [18]

Core Viewpoint - Brown & Brown, Inc. has initiated an accelerated share repurchase program for $250 million as part of a larger $1.5 billion share repurchase authorization [1] Group 1: Share Repurchase Program - The company has entered into an accelerated share repurchase program (ASR) with Bank of America, N.A. for $250 million of its common stock [1] - This ASR is part of a board-approved share repurchase authorization totaling $1.5 billion, which was announced on October 22, 2025 [1] Group 2: Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm that has been providing comprehensive and customized insurance solutions since 1939 [2] - The company operates globally with over 700 locations and employs more than 23,000 professionals [2] - Brown & Brown is committed to delivering scalable and innovative strategies for its customers throughout their growth journey [2]