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X @Bloomberg
Bloomberg· 2026-02-12 05:44
Morgan Stanley boosted CEO Ted Pick’s pay to $45 million in 2025 after a record year for the Wall Street firm https://t.co/PFEta9UdY9 ...
申万宏源助力四川金融控股集团10亿元公司债券成功发行
申万宏源为本期债券的牵头主承销商,本期债券发行规模 10亿元,期限5年, 票面利率1.91%,全场认购倍数高达4.95倍。本次发行得到监管部门的指导和广大 金融机构的大力支持,获得了市场投资者的高度认可和踊跃认购,充分体现了市场 对发行人信用资质和发展前景的坚定信心。 发行人四川金融控股集团有限公司(简称 "四川金控集团")作为四川省唯一的省属 国有金融资本投资控股运营管理平台,绕培育发展新质生产力、建设成渝地区双城 经济圈、建设西部金融中心、丰富完善金融牌照布局、防范化解区域金融风险等重 大部署,着力强化"1+4"功能作用发挥。2025年9月末总资产6,826.51亿元、净资 产984.40亿元,2025年1-9月营业收入126.31亿元、净利润45.21亿元;业务板 块主要包括银行服务业务、资产管理业务和融资担保业务等。发行人为四川省级金 融控股集团,控股股东及实际控制人为四川省财政厅;发行人主体评级为AAA,拥 有较高的功能定位,合并范围包括5家AAA评级主体公司:四川银行股份有限公司 (AAA)、四川发展资产管理有限公司(AAA)、四川发展融资担保股份有限公司 (AAA)、天府信用增进股份有限公司(A ...
First American Financial (FAF) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2026-02-12 02:31
Core Insights - First American Financial (FAF) reported a revenue of $2.05 billion for the quarter ended December 2025, marking a 21.6% increase year-over-year and exceeding the Zacks Consensus Estimate by 9.97% [1] - The earnings per share (EPS) for the quarter was $1.99, up from $1.35 in the same quarter last year, representing a surprise of 33.27% over the consensus estimate of $1.49 [1] Revenue Breakdown - Net investment income was reported at $161.8 million, slightly above the average estimate of $157.33 million, reflecting a year-over-year increase of 3.3% [4] - Agent premiums reached $789.5 million, surpassing the average estimate of $722.03 million, with a year-over-year growth of 13.1% [4] - Direct premiums and escrow fees totaled $789.4 million, exceeding the estimated $708.75 million, and showed a 17.3% increase compared to the previous year [4] - Information and other revenues amounted to $293.9 million, higher than the estimated $256.1 million, indicating a year-over-year growth of 20.6% [4] Stock Performance - Shares of First American Financial have returned 12.1% over the past month, contrasting with a -0.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Primerica (PRI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2026-02-12 01:30
Core Insights - Primerica reported revenue of $853.51 million for the quarter ended December 2025, marking an 8% increase year-over-year and a surprise of +1.43% over the Zacks Consensus Estimate of $841.45 million [1] - Earnings per share (EPS) reached $6.13, up from $5.03 in the same quarter last year, resulting in a surprise of +7.81% compared to the consensus EPS estimate of $5.69 [1] Financial Performance Metrics - Life-Licensed Sales Force at the end of the period was 151,524, slightly below the average estimate of 153,248 [4] - Average Client Asset Values were reported at $128.20 billion, marginally lower than the average estimate of $128.33 billion [4] - Life Insurance Policies Issued totaled 76,143, exceeding the average estimate of 70,864 [4] - Recruits numbered 75,369, significantly below the average estimate of 94,649 [4] - New Life-Licensed Representatives stood at 10,998, compared to the average estimate of 12,993 [4] Revenue Breakdown - Net premiums revenue was $448.19 million, below the average estimate of $460.67 million, but showed a +1.8% change year-over-year [4] - Commissions and fees revenue reached $347.39 million, surpassing the average estimate of $320.44 million, with an impressive +18.2% change year-over-year [4] - Other net revenues were $15.35 million, below the average estimate of $17.36 million, reflecting a -9.8% year-over-year change [4] - Net investment income was reported at $42.12 million, matching the average estimate [4] - Adjusted Operating Revenues for Investment and Savings Products were $340.34 million, exceeding the average estimate of $319.8 million, with a +19% change year-over-year [4] - Adjusted Operating Revenues for Corporate and Other Distributed Products were $56.34 million, slightly below the average estimate of $57.19 million, showing a +5.3% year-over-year change [4] - Adjusted Operating Revenues for Term Life Insurance were $456.83 million, below the average estimate of $468.58 million, with a +1.4% year-over-year change [4] Stock Performance - Primerica's shares have returned +1.5% over the past month, outperforming the Zacks S&P 500 composite, which saw a -0.3% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]
X @BSCN
BSCN· 2026-02-12 01:15
🚨 BREAKING: PROVENANCE BLOCKCHAIN TVL HITS $1.2B ALL-TIME HIGH@Figure (Nasdaq: $FIGR), the largest non-bank HELOC lender in the U.S., drives a large percentage of TVL on @provenancefdn through $20B+ in tokenized home equity loans settled on-chain.Figure settles ~$600M in loans monthly on the blockchain and recently achieved the first AAA-rated blockchain securitization from S&P and Moody's. ...
Grab (GRAB) - 2025 Q4 - Earnings Call Presentation
2026-02-12 00:00
Q4 2025 Earnings Supplemental Data February 2026 190 250 199 0 177 79 0 104 80 Disclaimer Non - IFRS Financial Measures This document and the investor webcast include references to non - IFRS financial measures, which include : Adjusted EBITDA, Segment Adjusted EBITDA, Segment Adjusted EBITDA margin, Total Segment Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Free Cash Flow, gross cash liquidity and net cash liquidity . Grab uses Adjusted EBITDA, Segment Adjusted EBITDA, Segment Adjusted EBITDA margin, ...
Asia-Pacific markets set to open mixed as Fed rate-cut hopes dim after strong U.S. jobs data
CNBC· 2026-02-11 23:54
Market Overview - Asian markets reacted to stronger-than-expected U.S. payroll data, which dampened expectations for Federal Reserve rate cuts and negatively impacted U.S. stocks [1] - Japan's Nikkei 225 index reached 58,000 for the first time, driven by renewed confidence in domestic politics and the ruling administration's economic agenda [1] - Hong Kong's Hang Seng index futures were lower at 27,206 compared to the last close of 27,266.38 [1] U.S. Market Performance - Australia's S&P/ASX 200 index increased by 0.42% in early trading [2] - The Dow Jones Industrial Average ended a three-day winning streak, dropping 66.74 points (0.13%) to close at 50,121.40 [2] - The S&P 500 index remained nearly flat at 6,941.47, while the Nasdaq Composite fell by 0.16% to 23,066.47 [2] Employment Data - The Bureau of Labor Statistics reported a job growth of 130,000 in January, significantly higher than the Dow Jones estimate of 55,000 [3] - December's job growth was revised down to 48,000, indicating a stronger labor market that has reduced the likelihood of interest rate cuts by the Federal Reserve [3] Consumer Spending - A separate report indicated that consumer spending in December was flat, missing the expected 0.4% monthly gain [4]
INVESTOR DEADLINE NEXT WEEK: SLM Corporation a/k/a Sallie Mae Investors with Substantial Losses Have Opportunity to Lead the Class Action Lawsuit
TMX Newsfile· 2026-02-11 23:30
Core Viewpoint - The SLM Corporation, also known as Sallie Mae, is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with a focus on misleading statements regarding delinquency rates in private education loans [1][3]. Group 1: Class Action Lawsuit Details - Investors in SLM securities from July 25, 2025, to August 14, 2025, can seek appointment as lead plaintiff by February 17, 2026 [1]. - The lawsuit, titled Zappia v. SLM Corporation, claims that SLM and its executives made false statements and failed to disclose significant increases in early-stage delinquencies [3][4]. - A report from TD Cowen on August 14, 2025, indicated that July 2025 delinquencies rose by 49 basis points month-over-month, contradicting SLM's CFO's earlier assurances about normal seasonal trends [4]. Group 2: Allegations Against SLM - The lawsuit alleges that SLM overstated the effectiveness of its loss mitigation and loan modification programs, as well as the overall stability of its private education loan delinquency rates [3]. - Following the TD Cowen report, SLM's stock price dropped by approximately 8%, reflecting investor reaction to the disclosed delinquency issues [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the class period to seek lead plaintiff status, which enables them to direct the lawsuit on behalf of all class members [5]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the investors, is recognized as a leading firm in securities fraud litigation, having recovered over $916 million for investors in 2025 alone [6].
HCM IV Acquisition Corp Announces Pricing of $250 Million Initial Public Offering
Globenewswire· 2026-02-11 22:28
Company Overview - HCM IV Acquisition Corp is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [1][7] - The company intends to focus on identifying businesses that provide disruptive technology or innovations within the financial services industry [3][7] - The leadership team includes Shawn Matthews as Chairman and CEO, Steve Bischoff as CFO, and Shawn Matthews Jr. as President [3] Initial Public Offering (IPO) Details - The company has priced its initial public offering at $10.00 per unit, with a total of 25,000,000 units being offered [1] - Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant, with the whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 [1] - The units will be listed on the Nasdaq Global Market under the ticker symbol "HACQU," with separate trading expected for Class A ordinary shares and warrants under the symbols "HACQ" and "HACQW," respectively [1] Underwriting and Additional Options - Cantor Fitzgerald & Co. is acting as the sole bookrunner for the offering [2] - The company has granted underwriters a 45-day option to purchase up to an additional 3,750,000 units at the initial public offering price to cover over-allotments [2]