Leadership Appointment - Liberty has appointed Jimmy Tong as CEO for its Singapore business, effective from 27 April 2026, pending regulatory clearance [1] - Tong has over a decade of experience in overseeing Great Eastern's General and Group Insurance in Singapore and has more than 15 years in leadership roles at UOB [2] Company Restructuring - The leadership change follows the merger of Liberty's two Singapore entities, Liberty Insurance and Liberty Specialty Markets, under one insurance license on 1 January 2026 [1] - The unified company operates from One Raffles Quay, Singapore, aiming to create a simpler and stronger organization for customers and partners [3] Strategic Goals - The Asia Pacific president, Matthew Jackson, emphasized the goal of operating as one Liberty in each market this year, marking the completion of the Singapore company transfer and the appointment of Tong as a strong start [3] - The combined operation under the Liberty brand offers general insurance and reinsurance services, including personal and commercial policies, as well as specialized solutions for various sectors [4] Leadership Changes - Following the restructuring, former Liberty Insurance CEO Yasar Fistikci has transitioned to the role of chief product officer in Singapore [3] - Nicole Lim, head of Liberty Specialty Markets, will leave the company at the end of April to pursue other opportunities [4]

– Net sales decreased 10% year over year, but increased 3% sequentially– Restructuring initiatives to achieve $1.5 million annualized savings substantially complete– Declared a quarterly cash dividend of $0.10 per share LOS ANGELES, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced its financial results for ...

Amber Beverage Group has initiated legal protection for its Latvian operations as it faces cash flow pressures caused by “external challenges”. In a filing to the Nasdaq Baltic stock exchange on Friday (30 January), the company said Amber Latvijas balzams will continue to operate as normal while it “works with creditors to establish a sustainable financial structure”. Normunds Staņēvičs, the CEO of ABG, called the decision “difficult but necessary”. “The legal protection process gives us the legal safe ...

This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Automotive technology supplier Aumovio has announced it will eliminate 4,000 jobs among its global workforce by the end of 2026. The job cuts will fall most heavily in its domestic market of Germany, with the number of positions affected “reaching into the high triple digits,” according to the company’s Jan. 27 press release. Aumovio said the cuts,  also involving its si ...

UNIONDALE, NY, Jan. 26, 2026 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (OTC: PRPH) (“ProPhase” or the “Company”), a next-generation biotech, genomics and consumer products company, today provided an operational update on the progress of its Crown Medical Collections initiative relating to legacy COVID-19 testing receivables held by its laboratory subsidiaries currently in Chapter 11 proceedings. Crown Medical Collections (“Crown Medical”), which serves as special counsel to the Debtors for the collection of a ...

Company Overview - FMC reported a total revenue of $3.61 billion and a net income of -$531.8 million for the trailing twelve months (TTM) [5] - The company's dividend yield stands at 11.4%, with the share price as of January 22 being $16.02 [5] Recent Transaction - On January 22, tru Independence sold all 152,855 shares of FMC, resulting in a complete exit from the position, with a decrease in position value of $5.14 million [2][3][7] - FMC previously represented 1.3% of tru Independence's assets under management (AUM) [4][7] Performance Analysis - FMC's share price has decreased by 69.0% over the past year, significantly underperforming the S&P 500, which gained approximately 14% in the same period [4] - The company's third-quarter results showed a 49% year-over-year revenue decline, primarily due to the India business being held for sale, while adjusted EBITDA increased by 17% to $236 million due to cost controls [11] Strategic Focus - FMC is focusing on cost management by exiting high-cost manufacturing and resizing operations in Asia following the divestiture of its India business [12] - The company aims to prioritize balance sheet repair over income, as indicated by a dividend cut to $0.08 per share and a free cash flow outlook that is expected to hover around breakeven [12] Market Position - FMC specializes in crop protection chemicals and agricultural inputs, serving commercial farmers and agricultural businesses globally [9][10] - The company combines a diverse product portfolio with a broad geographic reach, focusing on research-driven innovation and strategic distribution to enhance crop yields and promote sustainable farming practices [10]

Core Viewpoint - Macy's is closing multiple facilities in Connecticut and laying off over 1,000 workers to simplify operations and modernize its supply chain [1][2]. Group 1: Facility Closures - Macy's will close facilities in South Windsor and Cheshire, with closures beginning in March [1]. - The company is shutting down the South Windsor Distribution Center and the Cheshire Fulfillment Center, impacting approximately 993 jobs [4][7]. - The closures are part of a broader strategy, as Macy's plans to close 14 stores across 12 states [3]. Group 2: Layoff Details - Over 1,000 workers will be laid off, with the majority from the Cheshire location, including 485 fulfillment associates, 193 power equipment operators, and 72 inventory control and quality assurance workers [1]. - The layoffs will occur in phases, with specific dates for different positions ranging from March 14, 2026, to August 29, 2026 [7][8]. - A small number of workers will remain employed until April 2027 for decommissioning and equipment removal [8]. Group 3: Employee Support - Macy's plans to provide laid-off employees with information about transfer opportunities to other nearby Macy's locations [2].

Core Viewpoint - Advance Auto Parts (NYSE: AAP) has experienced significant stock volatility in 2026, with sharp declines followed by notable recoveries due to analyst actions [1]. Group 1: Analyst Upgrades and Price Targets - Northcoast Research analyst Aaron Reed upgraded Advance Auto Parts from "neutral" to "buy," setting a price target of $55, indicating over 20% upside potential [2]. - The upgrade is based on the belief that the company's restructuring strategy will enhance its stock prospects, appealing to deep value investors [2]. Group 2: Company Performance and Strategy - The company's turnaround strategy aims to match the operational performance of competitors like AutoZone and O'Reilly Automotive, but achieving this has been challenging for over a decade [3]. - CEO Shane O'Kelly's plans include closing over 700 locations while opening new ones in strong geographic areas, along with creating larger "market hub" stores to improve same-day delivery for professional users [4]. Group 3: Market Conditions and Risks - Despite potential improvements, there are concerns about the company's underperforming track record and recent comments from 3M regarding a weak auto aftermarket, which may impact Advance Auto Parts' upcoming earnings report [5]. - The stock's volatility is influenced by recent analyst actions, and while the major upgrade suggests significant upside, risks remain associated with the company's restructuring efforts [6].

Core Viewpoint - The recent SEC filing by Kraft Heinz indicates a potential divestiture of Berkshire Hathaway's entire 27.5% stake, suggesting a possible shift in strategy under new CEO Greg Abel following Warren Buffett's departure [2][10]. Group 1: Berkshire Hathaway's Investment in Kraft Heinz - Berkshire Hathaway's involvement with Kraft Heinz began in 2013 with a $23 billion acquisition of H.J. Heinz, followed by a $46 billion merger with Kraft Foods in 2015, creating a combined entity with well-known brands [3][4]. - The merger aimed to achieve cost synergies and leverage brand loyalty, resulting in Berkshire holding a significant equity position of 27.5% [4]. Group 2: Challenges and Write-downs - By 2019, issues with the merger became apparent, leading Buffett to admit that Berkshire overpaid for Kraft Heinz, with a valuation that required unrealistic returns [5]. - Kraft Heinz announced a $15.4 billion write-down on its brands, causing a 27% stock drop, and Berkshire recorded a $3 billion write-down in the same year, followed by another $3.76 billion write-down in August [5][6]. Group 3: Potential Shift Under Greg Abel - The SEC filing raises questions about whether Abel's leadership signifies a departure from Buffett's long-term holding strategy, as Kraft Heinz shares fell 7.5% post-announcement, valuing Berkshire's stake at approximately $7.7 billion [7][10]. - Kraft Heinz's planned split into two independent entities by 2026 alters the original investment thesis, prompting considerations for a potential sale under Abel [8][9]. Group 4: Strategic Implications - The restructuring of Kraft Heinz into two distinct businesses may create up to $300 million in "dis-synergies," diverging from the original vision of a unified food powerhouse [9]. - A potential divestiture could align with Buffett's principle of adapting to new realities, allowing Berkshire to prioritize capital allocation and seek higher-return opportunities [10][11].

On the initiative of UAB “AWG investment 1” (hereinafter – the „Issuer“), a company controlled by AUGA group, RAB, legal entity code 126264360 (hereinafter – the „Company“), and by the decision of the bondholders’ trustee UAB “AUDIFINA”, legal entity code 125921757 (hereinafter – the „Trustee“), a meeting of the holders of the Issuer’s bonds (issue ISIN code LT0000409104) (hereinafter – the „Bonds“) was held on 15 January 2026 (hereinafter – the „Meeting“). The Bondholders participating in the Meeting have ...