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IB Capital LLC, affiliate of I-Bankers Securities Inc., advises Benchmark Logistics LLC & Triangle Warehouse, Inc. on sale to TFI International Inc. (TFII US Equity)
Globenewswire· 2026-02-24 21:30
Boca Raton, FL, Feb. 24, 2026 (GLOBE NEWSWIRE) -- IB Capital is pleased to announce it served as exclusive M&A advisor to Benchmark Logistics LLC, and its wholly owned subsidiary, Triangle Warehouse, Inc., in their sale to TFI International Inc., which closed in February 2026. Headquartered in Minneapolis, Benchmark Logistics, together with Triangle Warehouse, provides dedicated transportation and warehouse services to a diverse customer base across the Upper Midwestern United States. TFI International Inc. ...
2026年度趋势报告
OneAdvanced· 2026-02-24 06:20
As we celebrate the 10th edition of our Annual Trends Report, I am struck by how far digital innovations have come, and how much further we still must go. Artificial intelligence is no longer a peripheral tool; it is the connective tissue shaping politics, society, and the economy. The forces of change; geopolitical, environmental, regulatory, and cultural are converging at speed, redefining trust and rewriting the rules of engagement for organisations everywhere. Yet progress is uneven. Innovation races ah ...
Infrastructure Dividend Split Corp. Announces Increase to Class A Distribution Rate
Globenewswire· 2026-02-20 15:28
TORONTO, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Middlefield Limited, on behalf of Infrastructure Dividend Split Corp. (TSX:IS) (the “Fund”) is pleased to announce a 7.1% increase in the Fund’s Class A share monthly distribution rate, raising it from $0.14/share to $0.15/share. The distribution increase is supported by continued dividend growth from the portfolio. Record DatePayable DateDistribution Per Equity ShareFebruary 28, 2026March 13, 2026$0.15 Infrastructure Dividend Split Corp. is a corporation design ...
Depot Connect International Streamlines Portfolio with Sale of Industrial and Rail Services to Clean Harbors
Prnewswire· 2026-02-19 15:18
Core Viewpoint - Depot Connect International (DCI) has entered into a definitive agreement to sell its Industrial Services and Rail Services business to Clean Harbors for approximately $130 million, marking a strategic move to streamline its portfolio and focus on core operations [1]. Group 1: Transaction Details - The sale includes five strategic locations across Ohio, Louisiana, and Texas and is expected to close in the first half of 2026, pending customary closing conditions [1]. - The divestiture is part of DCI's long-term strategy to enhance its core business functions and reinvest in its depot network and specialized services [1]. Group 2: Future Collaboration - Post-sale, DCI will maintain a collaborative relationship with Clean Harbors, continuing to provide tank trailer cleaning and maintenance services at major facilities in Baton Rouge, Louisiana, and Pasadena, Texas [1]. - Both companies will sustain an active partnership for essential transportation services and wastewater treatment, ensuring a smooth transition for customers [1]. Group 3: Company Profiles - Depot Connect International is a leading provider of mission-critical services to the transportation industry, specializing in tank trailer cleaning, maintenance, and container solutions [1]. - Clean Harbors is North America's leading provider of environmental and industrial services, with annual revenues of approximately $6 billion and a diverse customer base, including many Fortune 500 companies [1].
HUBG Investor Notice: Levi & Korsinsky Investigates Hub Group, Inc. for Securities Law Violations
TMX Newsfile· 2026-02-18 22:56
Core Viewpoint - Hub Group, Inc. is under investigation for potential violations of federal securities laws following a significant accounting error that led to a sharp decline in its stock price [1]. Financial Performance - Hub Group reached a 52-week high of $48.96 per share on February 3, 2026, but saw its shares drop to around $37 just three days later, resulting in a loss of approximately $12 per share [2]. - The company's Q4 2025 earnings per share were reported at $0.45, slightly above the consensus estimate of $0.44, and revenue exceeded expectations. However, this positive result was overshadowed by the disclosure of a restatement affecting three prior quarters and an estimated $77 million in understated costs [4]. Analyst Reactions - Following the accounting error announcement, Stifel downgraded Hub Group from Buy to Sell, reducing its price target from $52 to $27, a 48% decrease. Baird also downgraded its rating from Outperform to Neutral, cutting its target from $47 to $29, a 38% reduction [3]. - Both downgrades were issued on February 6, 2026, contributing to increased selling pressure on the stock [3]. Market Impact - The disconnect between the modest earnings beat and the 23% decline in stock price indicates that the market views the accounting issue as significantly more serious than the quarterly results [4].
US stocks close slightly higher, Infleqtion CEO discusses quantum computing company's IPO
Youtube· 2026-02-17 23:40
Company Overview - Inflection has made its public debut on the New York Stock Exchange under the ticker INFQ, raising $550 million through a SPAC merger to capitalize on the quantum computing opportunity [1][3][4]. Quantum Computing Phase - Inflection is currently in "phase one" of the quantum revolution, focusing on quantum sensing applications, with plans to develop large language models by 2028 [4][7]. Real-World Applications - The company has secured a deal with NASA to deploy sensors for gravity sensing, which can track environmental changes such as polar ice melting and aquifer depletion [9][10]. - Quantum technology is also being positioned as a backup for GPS timing systems, which are critical for synchronizing trades on the New York Stock Exchange [12]. Competitive Advantage - Inflection's use of neutral atoms as a flexible quantum modality allows for significant performance improvements in quantum sensing applications, contributing to projected revenues of $29 million in 2024 and $50 million in booked business for 2025 [14][15]. Geopolitical Context - The competition in quantum technology is intense, with the U.S. and China both investing heavily. The U.S. government recognizes quantum technology as a critical area for national security [17][18]. Future Risks - Quantum computers may eventually pose a risk to the security of blockchain technologies, including Bitcoin, due to their ability to solve complex calculations more efficiently than classical computers [19][20].
TFI International Announces 2025 Fourth Quarter and Full-Year Results
Globenewswire· 2026-02-17 21:07
Core Insights - TFI International Inc. reported strong free cash flow exceeding $10 per share for 2025, driven by operational efficiencies and customer service focus [2] - The company improved its operating ratio for U.S. Less-Than-Truckload (LTL) and is pursuing growth opportunities to leverage its infrastructure [2] - Significant capital was returned to shareholders through increased dividends and share repurchases, totaling over $200 million for the year [2] Financial Highlights - Total revenue for Q4 2025 was $1.91 billion, down from $2.08 billion in Q4 2024, with revenue before fuel surcharge at $1.68 billion compared to $1.83 billion [5][10] - Adjusted EBITDA for Q4 2025 was $279.6 million, down from $315.3 million in Q4 2024 [28] - Operating income for Q4 2025 was $127.2 million, compared to $160.2 million in the prior year [6][11] - Net income for Q4 2025 was $71.7 million, or $0.87 per diluted share, down from $88.1 million, or $1.03 per diluted share in Q4 2024 [8][12] Segment Performance - Revenue before fuel surcharge for the Less-Than-Truckload segment was $660.5 million in Q4 2025, down from $737.3 million in Q4 2024 [14] - Truckload segment revenue before fuel surcharge was $674.2 million, compared to $693.2 million in the prior year [14] - Logistics segment revenue before fuel surcharge decreased to $358.1 million from $410.2 million in Q4 2024 [14] Cash Flow and Capital Allocation - Net cash from operating activities increased to $282.2 million in Q4 2025 from $262.4 million in Q4 2024 [15] - Free cash flow for Q4 2025 was $258.9 million, up from $207.5 million in Q4 2024 [33] - The company declared a quarterly dividend of $0.47 per share, a 4% increase from the previous year [18] Full-Year Results - Total revenue for 2025 was $7.88 billion, down from $8.40 billion in 2024, with revenue before fuel surcharge at $6.91 billion compared to $7.30 billion [10] - Full-year net income was $310.6 million, or $3.72 per diluted share, down from $422.5 million, or $4.96 per diluted share in 2024 [12] - Adjusted net income for 2025 was $364.9 million, or $4.37 per diluted share, compared to $489.5 million, or $5.75 per diluted share in the prior year [12] Guidance - The company expects first quarter 2026 adjusted diluted EPS to be in the range of $0.50 to $0.60 [19] - Full-year net capital expenditures, excluding real estate, are anticipated to be between $225 million and $250 million [19]
TFI International Announces Upcoming Retirement of Director André Bérard
Globenewswire· 2026-02-17 21:05
Core Insights - TFI International Inc. announced the retirement of independent director André Bérard after 23 years on the Board, with his last day being the annual meeting on April 27, 2026 [1] - Diane Giard, an existing Board member since 2018, will succeed Bérard as the new Lead Director, bringing her extensive experience from previous roles in the financial sector [2][3] Company Overview - TFI International Inc. is a leader in the North American transportation and logistics industry, operating in the United States, Canada, and Mexico through its subsidiaries [3] - The company focuses on creating shareholder value through strategic acquisitions and managing a network of wholly-owned operating subsidiaries [3]
Hub Group (NASDAQ: HUBG) Faces Legal Scrutiny Amid Financial Volatility
Financial Modeling Prep· 2026-02-14 00:00
Core Insights - Hub Group is a significant player in the transportation and logistics industry, offering intermodal, truck brokerage, and logistics services, while facing potential legal issues as investors are urged to contact Gibbs Mura law firm [1][2][6] Financial Performance - Raymond James has maintained an "Outperform" rating for Hub Group, indicating confidence in its future performance despite current stock trading at $40.40, reflecting a 1% increase from the previous price of $43.11 [3][6] - Hub Group's stock has shown volatility, with a daily trading range between $39.34 and $40.91, and a yearly high of $53.26 and low of $30.75 [4][6] Market Activity - The company's market capitalization is approximately $2.45 billion, indicating its substantial presence in the logistics industry [4] - Today's trading volume for Hub Group is 291,718 shares, suggesting active investor interest [5]
Werner Enterprises, Inc. (NASDAQ:WERN) Faces Conservative Price Target Amidst Market Volatility
Financial Modeling Prep· 2026-02-07 05:03
Company Overview - Werner Enterprises, Inc. is a significant player in the transportation and logistics industry, offering truckload transportation and logistics solutions [1] - The company competes with major players such as J.B. Hunt and Schneider National [1] Financial Performance - Werner Enterprises recently held its Q4 2025 earnings call, which likely included discussions on financial performance, strategic initiatives, and market outlook [3] - Current stock price is $34.76, reflecting a decrease of 8.21% with a change of $3.11 [4] - The stock has fluctuated between a low of $33.18 and a high of $36.32 today, with a yearly high of $38.45 and a low of $23.02, indicating significant volatility [4][6] Market Position - The market capitalization of Werner Enterprises is approximately $2.08 billion, showcasing its substantial presence in the industry [5][6] - Today's trading volume for WERN is 2,906,362 shares on the NASDAQ exchange, indicating active investor interest [5] Analyst Outlook - Stifel Nicolaus has set a new price target of $31 for WERN, suggesting a potential downside from its current price of $34.76, which indicates a price difference of approximately -10.82% [2][6]