Core Insights - Most Americans believe a retirement savings goal of $1.26 million is necessary for a comfortable retirement, but having less than that does not necessarily lead to a stressful retirement life [1] Retirement Expenses - Retirees often reduce their spending over time, with couples aged 65 and older withdrawing only 2.1% annually from retirement assets of $100,000 or more, while unmarried retirees withdraw approximately 1.9% [4] - This withdrawal rate is significantly lower than the commonly referenced "4% rule" used by financial planners for retirement strategies [5] - Factors contributing to reduced spending include the elimination of commuting costs, work-related expenses, and the availability of senior discounts, along with Medicare coverage for many healthcare expenses after age 65 [5] Income Sources - A significant reason retirees withdraw less from their savings is the steady income provided by Social Security benefits, which covers about 94% of workers [6] - As of January 2026, the average monthly Social Security benefit is $2,071, providing a robust fixed income for retirees [6]

COLUMBUS, Ohio, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) today announced that its Board of Directors (the “Board”) has approved a $600 million increase to the Company’s existing share repurchase authorization. As of December 31, 2025, the Company had $240 million remaining on its open share repurchase authorization. The Company made an additional $75 million of repurchases to-date during 2026, meaning that $165 million of share repurch ...

格隆汇2月26日丨新华汇富金融(00188.HK)公布截至2025年12月31日止六个月中期业绩。集团于2026财 政年度上半年录得除税后溢利300万港元，而2025财政年度同期则录得除税后亏损2500万港元。计及期 内其他全面开支後，集团于2026财政年度上半年录得全面开支总额2,400万港元，而2025财政年度上半 年的全面开支则为4,700万港元。于2025年，香港中环甲级写字楼的空置率维持于双位数水平。集团自 用物业的市场价值持续下跌，于2026财政年度上半年录得扣除税项後的重估亏损2,800万港元，而去年 同期及2025财政年度分别录得2,100万港元及3,700万港元的重估亏损。 ...

智通财经APP讯，新华汇富金融(00188)公布截至2025年12月31日止6个月中期业绩，收入1955.8万港 元，同比减少13.7%;净利332.4万港元，同比扭亏为盈;每股基本及摊薄溢利0.44港仙。 ...

Core Viewpoint - CASI Pharmaceuticals Inc. is transitioning to OTC Markets Group following a formal delisting from Nasdaq, which has led to a significant after-hours stock price increase of 24.48% to $0.25 [1][2]. Group 1: Delisting and Transition - The Nasdaq Hearings Panel issued a formal delisting determination due to CASI's failure to meet continued listing requirements, with trading suspension starting Thursday [2]. - CASI will not appeal the delisting decision and expects its ordinary shares to be quoted on OTC Markets Group, allowing trading to continue [2]. Group 2: Impact on Operations - CASI stated that the delisting carries "no significant impact" on its operations [3]. Group 3: Trading Metrics and Performance - CASI Pharmaceuticals has a market capitalization of $4.26 million, with a 52-week high of $3.08 and a 52-week low of $0.21 [4]. - The stock has experienced a decline of 91.13% over the past 12 months, closing the regular session down 74.06% at $0.21, currently at its annual low [4]. - The Relative Strength Index (RSI) of CASI stands at 18.40, indicating a negative price trend across all time frames according to Benzinga's Edge Stock Rankings [4][5].

声明：本文信息均来源于公开资料，对上述信息的来源、准确性及完整性不作任何保证。在任何情况下，本文中的信息仅供参考。 2月25日，OTC Markets Group Inc.（OTCQX：OTCM）宣布1家公司已获得在OTCQX最佳市场交易的资格。 RFA Financial（TSX：RFA；OTCQX：RFAFF）是一家加拿大金融服务平台，以一家一级银行为核心。RFA Financial提供多元化的金融服务，旨在为加拿大 人在财务旅程的各个阶段提供支持，并结合了成熟可靠的房地产平台所带来的稳定性。 RFA Financial Inc. RFA Financial Inc.开始在OTCQX市场开始交易，股票代码为"RFAFF"。 ...

消息面上，稳定币第一股Circle暴涨35.34%，创6月5日以来最大单日涨幅。其最新公布的季度业绩全面 超出市场预期，同时稳定币USDC流通量大增72%，达到753亿美元。此外，2月25日，香港特区政府财 政司司长陈茂波在立法会发表2026至2027财政年度政府财政预算案。陈茂波表示，香港已实施法币稳定 币发行人发牌制度，将在下月发出首批牌照。政府及金融监管机构会继续促进持牌发行人在合规和风险 可控的情况下，探索更多应用场景。 稳定币概念股早盘活跃，截至发稿，国富量子(00290)涨5.57%，报3.41港元；连连数字(02598)涨 5.21%，报7.67港元；国泰君安国际(01788)涨4.53%，报3港元；云锋金融(00376)涨4.23%，报3.2港元； 众安在线(06060)涨2.48%，报16.12港元。 ...

Core Viewpoint - Ellington Financial Inc. reported a net income of $14.7 million for the quarter ended December 31, 2025, translating to $0.14 per common share [1] Financial Performance - The investment portfolio contributed $42.2 million, or $0.39 per common share [1] - The credit strategy generated $38.1 million, or $0.35 per common share [1] - The Agency strategy accounted for $4.1 million, or $0.04 per common share [1] - Total earnings per common share from various strategies amounted to $0.15, contributing to the overall net income [1]

Financial Data and Key Metrics Changes - In Q4 2025, revenue was $543 million, an 18% increase year-over-year, driven by acquisitions [24] - Full-year revenue grew 52% compared to the previous year, with approximately 2% organic growth [25] - Adjusted EBITDA for the full year was $447 million, with a margin increase of approximately 530 basis points year-over-year [26] Business Line Data and Key Metrics Changes - Financial Services revenue for Q4 was $439 million, up 23% year-over-year, with full-year revenue at $2.3 billion, a 70% increase [28] - Benefits and Insurance (BNI) revenue for 2025 was $410 million, representing 2% growth year-over-year, primarily driven by employee benefits and payroll services [30] Market Data and Key Metrics Changes - The company noted a soft market condition in the first half of 2025, impacting revenue growth, but saw improving sentiment in the second half [6][22] - More than 70% of revenue is recurring, providing resilience across economic cycles [22] Company Strategy and Development Direction - The strategic focus for 2026 and beyond includes attracting top talent, enhancing brand visibility, and deepening industry specialization [9][12] - The company aims to leverage AI and automation to improve efficiency and client service, viewing AI as an extension of existing automation initiatives [15][17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving market conditions and client sentiment heading into 2026, expecting increased project-based work [21][45] - The company anticipates organic revenue growth of 2%-5% for 2026, with a focus on maintaining strong client relationships and expanding service offerings [32][38] Other Important Information - The company repurchased approximately 2.4 million shares for $160 million in 2025 and plans to continue share repurchases [27] - Free cash flow for the full year increased to $176 million, with a conversion rate of approximately 40% from Adjusted EBITDA [28] Q&A Session Summary Question: Impact of soft market conditions on revenue growth - Management noted that soft market conditions in the first half of 2025 affected revenue, but sentiment improved later in the year, leading to increased advisory work [41][45] Question: Role of AI in the business - Management indicated that AI will augment existing services, making processes more efficient, but the trusted advisor role remains critical [46][51] Question: Pricing expectations for 2026 - Management confirmed that pricing is expected to remain in the mid-single-digit range for 2026, consistent with 2025 [56][60] Question: Performance of SEC capital markets - Management acknowledged that SEC capital markets work was softer in 2025 due to market conditions but expressed optimism for improvement in 2026 [65][67] Question: Growth expectations for different business segments - Management highlighted that core accounting and tax services are more stable, while advisory services are more susceptible to market conditions [75][76]

Financial Data and Key Metrics Changes - For Q4 2025, the company reported revenue of $225 million, representing a 23% year-over-year increase, and non-GAAP operating income of $25 million, up 47% year-over-year [9][12] - Full year revenue reached $837 million, a 22% increase compared to 2024, with non-GAAP operating income exceeding 100% year-over-year to $96 million [9][16] - Adjusted free cash flow for the trailing twelve months increased to $118 million, with a cash balance of $98 million at year-end [17] Business Line Data and Key Metrics Changes - Revenue from consumer verticals grew 27% to $737 million, while SMB vertical revenue decreased 9% to $100 million, primarily due to organic search headwinds [15] - Lending revenue surged 141% year-over-year, driven by a 264% increase in personal loans, alongside double-digit growth in mortgages and other loans [13] - Insurance revenues increased by 13% year-over-year, supported by strong demand from auto carriers [12] Market Data and Key Metrics Changes - The company faced headwinds as consumers shifted towards AI Overviews and LLMs, leading to declines in organic search [7] - Performance marketing and direct referral channels contributed significantly to revenue growth, offsetting declines in organic search [8] Company Strategy and Development Direction - The company plans to simplify revenue reporting from five categories to two: consumer and SMB, to better reflect consumer engagement across multiple product categories [19] - The focus remains on building deeper relationships with consumers and SMBs while investing in performance marketing to drive growth [10][18] Management's Comments on Operating Environment and Future Outlook - Management anticipates continued growth in performance marketing, although organic search is expected to remain under pressure [10] - The outlook for the banking business is cautious due to potential declines in demand for high-yield savings accounts as interest rates decrease [14] Other Important Information - The company completed $51 million in share repurchases during Q4, reflecting confidence in long-term prospects [18] - Management emphasized the importance of compliance and regulatory considerations in leveraging AI for consumer engagement [38][40] Q&A Session Summary Question: Impact of LLM-based referral traffic - Management believes LLM referral traffic is incremental, with higher conversion rates compared to traditional searches [25] Question: SEO headwinds and profitability outlook - Management indicated that while organic revenue is declining, performance marketing revenue is offsetting this decline, focusing on adding non-GAAP operating income dollars rather than margin percentage [29][30] Question: Vertical integration strategy - Management is optimistic about vertical integration, aiming to create stickier consumer relationships through improved experiences [36] Question: Leveraging AI for product improvement - AI is being used to enhance internal operations and consumer-facing products, with a focus on compliance and auditability [46][47] Question: Traffic sources and performance marketing efficiencies - Performance marketing has been effective, with the brand's strength contributing to overall success and efficiencies being realized through cross-merchandising [56]