This press release constitutes a “designated news release” for the purposes of the Sprott Physical Copper Trust’s prospectus supplement dated July 8, 2024 to its base shelf prospectus dated July 3, 2024. TORONTO, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a wholly-owned subsidiary of Sprott Inc. (“Sprott”) (NYSE/TSX: SII), on behalf of the Sprott Physical Copper Trust (TSX: COP.UN) (TSX: COP.U) (the “Trust” or “COP”), a closed-end trust created to invest and ho ...

DALLAS, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Westwood Holdings Group (NYSE: WHG), a leading boutique asset manager, today announced plans to close and liquidate the Westwood LBRTY Global Equity ETF (NYSE Arca: BFRE) following an ongoing review of ETF offerings. The last day of trading of the Fund's shares on the NYSE Arca will be Friday, February 27, 2026 ("Closing Date"), which will also be the last day the Fund will accept creation units from authorized participants. Shareholders may sell their holdings in t ...

Core Insights - In 2025, a survey by BlackRock revealed that Americans believe they need an average of $2.09 million to retire comfortably, which is higher than expected by BlackRock's CEO Larry Fink, who noted that "almost no one is close" to this amount [1] Group 1: Retirement Savings Assessment - A financial plan based on expenses, assets, income, and desired lifestyle is essential to determine if $2 million is sufficient for retirement [2] - Key factors influencing retirement savings adequacy include spending habits, additional income sources like Social Security and pensions, and personal retirement vision [3] Group 2: Retirement Age Considerations - The choice of retirement age significantly affects how long savings must last; retiring at 62 instead of 67 could mean funding five additional years without a paycheck [4] - Early retirement may necessitate more savings, potentially exceeding $2 million, as it leads to longer retirement periods [5] Group 3: Social Security Impact - Social Security is a vital part of retirement planning, providing a reliable income source that can supplement a $2 million nest egg [6] - The timing of Social Security benefits can greatly influence total benefits received, with delaying until age 70 resulting in increased monthly payouts [6]

Core Insights - BlackRock has amended its S-1 filing for the iShares Staked Ethereum Trust ETF, indicating an 18% cut of staking rewards shared between the sponsor and the prime execution agent [1] Staking Fee Structure - The trust will allocate 18% of gross staking rewards as a "Staking Fee," with the remaining rewards retained by the trust [2] - This 18% fee includes contributions from both BlackRock and the prime execution agent, which can further distribute portions to staking service providers [2] Role of Coinbase - Coinbase acts as both the custodian and prime execution agent, playing a crucial role in the staking infrastructure [3] - BlackRock will charge a 0.25% annual sponsor fee based on net asset value, which will be temporarily reduced to 0.12% for the first $2.5 billion in assets for the first year after listing [3] Shareholder Returns - Shareholders will receive approximately 82% of staking rewards after the 18% cut, in addition to the annual sponsor fee of 0.12%-0.25% [4] - If Ethereum staking yields around 3% annually and the ETF holds $2.5 billion, gross staking rewards would total $75 million, leading to a net of $61.5 million for shareholders after the cut [4][5] ETF Listing Details - The ETF is set to list on Nasdaq under the ticker ETHB, pending SEC approval of the registration statement [5] Technical Analysis of BLK - BLK is currently trading near the 200 EMA, a significant technical level, with all EMAs tightly compressed between $1,061 and $1,090 [6] - A wedge pattern is forming, with critical support at $1,060-$1,066; breaking below this level could target $1,000-$1,020, while breaking above $1,090 could lead to a path towards $1,120-$1,150 [7]

Company Overview - Resolute Holdings Management is an alternative asset management platform based in New York, focusing on tailored investment solutions for institutional and high-net-worth clients [5][8] - As of February 13, 2026, the company's market capitalization is $1.53 billion, with a revenue of $344.35 million and a net income of -$2.3 billion [4] Recent Transaction - On February 17, 2026, Nine Ten Capital Management disclosed the sale of 33,797 shares of Resolute Holdings in the fourth quarter, with an estimated transaction value of $5.00 million [1][2] - After the sale, Nine Ten Capital Management held 92,980 shares valued at $19.19 million, reflecting an increase in the position's value by $10.05 million due to trading activity and price movement [2] Financial Performance - In the third quarter, Resolute Holdings reported net sales of $120.9 million, an increase from $107.1 million a year earlier, with an operating income of $41.5 million [6] - Despite the sales growth, earnings attributable to common stockholders resulted in a loss of $0.03 per share, primarily due to the company's structure and non-controlling interests [6] Stock Performance - As of February 16, 2026, Resolute Holdings shares were priced at $186.43, representing a significant increase of 419.45% over the past year [7] - The company's top holdings include Magnite, GPGI, and Cellebrite, with the position in Resolute Holdings being modest at 1.4% of assets [9] Strategic Considerations - The firm emphasizes a recurring management fee model, which is attractive for long-term investors, although GAAP volatility and deal exposure require patience [10] - The business remains connected to CompoSecure and its planned transaction with Husky, introducing both opportunities and complexities [9]

Core Insights - The current fiscal year has seen a busy start, prompting investors to reassess their portfolios [1] Investment Trends - Investors are shifting from growth stocks to more defensive options, making it challenging to maintain growth holdings [3] - Exchange-traded funds (ETFs) are recommended for those seeking balanced high-growth exposure [3] ETF Recommendations - Schwab is highlighted as a leading ETF provider with strong options for investors [4] - The Schwab 1000 Index ETF (SCHK) tracks the top thousand largest U.S. companies by market capitalization, offering inherent growth potential [5] - SCHK captures approximately 90% of market earnings with a low expense ratio of 0.03%, making it suitable for long-term investors [6] - SCHK is noted for its tax-efficient structure, performing well in bull markets and aiding recovery during downturns [7] - Other ETFs mentioned include FNDF, which offers international exposure at a P/E ratio under 16, and SCHG, which provides access to 230 large-cap growth companies at a 0.04% expense ratio [8]

Core Viewpoint - Brookfield Asset Management (BAM) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Brookfield's earnings per share (EPS) for the fiscal year ending December 2026 is projected at $1.88, showing no year-over-year change [8]. - Over the past three months, analysts have increased their earnings estimates for Brookfield by 2.6% [8]. Impact of Earnings Estimates on Stock Prices - Changes in a company's future earnings potential, as reflected in earnings estimate revisions, are strongly correlated with near-term stock price movements [4]. - Institutional investors often rely on earnings estimates to calculate the fair value of a company's shares, leading to significant stock price movements based on these estimates [4]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Brookfield to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Despite Fear Over AI Job Cuts, Blackstone Is Building A 450-Person Private-Wealth Army As It Eyes $1 Trillion https://t.co/2M5Yiv13Ec (📸: Courtesy of Blackstone) https://t.co/JOU00uM7fm ...

Core Insights - First Northern Bank has acquired Beacon Wealth Strategies, enhancing its wealth management services and increasing assets under management [1] - Tom Cicchini, founder of Beacon Wealth Strategies, will join First Northern Advisors during the transition period before his retirement on June 30, 2026 [1] - The acquisition aims to maintain personalized wealth management services for clients while ensuring continuity through the experienced team at First Northern Advisors [1] Company Overview - First Northern Bank is an independent community bank established in 1910, headquartered in Dixon, California, serving multiple counties [1] - The bank specializes in relationship banking and offers services in small business, commercial, real estate, and agribusiness lending, as well as mortgage loans [1] - First Northern Bank is recognized as a "5-Star Superior" bank by Bauer Financial and a "Green-3 Star Blue Ribbon" bank by Veribanc [1] Strategic Implications - The acquisition reflects First Northern Bank's commitment to expanding its wealth management services while preserving high levels of personal service and client relationships [1] - Clients of Beacon Wealth Strategies will continue to have their accounts managed through Raymond James, ensuring stability and access to comprehensive investment resources [1] - The addition of experienced professionals like Tom Cicchini is expected to enhance client trust and service continuity during the transition [1]

Key Takeaways ARES reported record $46B 4Q25 investment and a record-high January 2026 pipeline.Ares Management is expanding its digital infrastructure, launching a $2.4B data center fund.ARES reaffirmed 16-20% FRE growth, more than 20% RI growth and raised its Q1 dividend 20%.At the 34th Annual Financial Services Conference hosted by Bank of America, Michael Arougheti, co-founder and CEO of Ares Management Corporation (ARES) , delivered an optimistic outlook on the firm’s prospects for 2026. Management ind ...