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Why Is Charles Schwab (SCHW) Down 9.8% Since Last Earnings Report?
ZACKS· 2026-02-20 17:30
It has been about a month since the last earnings report for The Charles Schwab Corporation (SCHW) . Shares have lost about 9.8% in that time frame, underperforming the S&P 500.But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Charles Schwab due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important ca ...
Best Momentum Stock to Buy for February 13th
ZACKS· 2026-02-13 16:01
Group 1: LATAM Airlines Group - LATAM Airlines Group is the leading airline in Latin America, providing regional and long-haul flights in Brazil, Chile, Peru, Colombia, and Ecuador [1] - The company has a Zacks Rank of 1 (Strong Buy) and has seen a 4.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - LATAM Airlines' shares have gained 37.8% over the last three months, significantly outperforming the S&P 500's gain of 1.3%, and it possesses a Momentum Score of A [2] Group 2: ING Group - ING Group is a global financial institution of Dutch origin, offering banking, insurance, and asset management services to over 50 million clients in 65 countries [2] - The company holds a Zacks Rank of 1 and has experienced a 7.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - ING Group's shares have increased by 10.6% over the last three months, also outperforming the S&P 500's gain of 1.3%, and it has a Momentum Score of A [3] Group 3: Cardinal Health - Cardinal Health is one of the world's largest healthcare services and products providers, operating in Pharmaceutical & Specialty Solutions, Global Medical Products & Distribution, and other growth businesses [4] - The company has a Zacks Rank of 1 and has seen a 4.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [4] - Cardinal Health's shares have gained 4.6% over the last three months, again outperforming the S&P 500's gain of 1.3%, and it possesses a Momentum Score of A [5]
Garden Stage Limited Announces Reclassification of its Ordinary Shares
Globenewswire· 2026-02-11 16:55
Core Viewpoint - Garden Stage Limited, a Hong Kong-based financial services provider, announced a share reclassification effective February 12, 2026, on the Nasdaq Capital Market [1]. Group 1: Share Reclassification Details - The authorized share capital will change from US$50,000, consisting of 490,750,000 Class A Shares and 9,250,000 Class B Shares, to a new structure where 9,250,000 Class B Shares will be redesignated as Class B ordinary Shares, and 64,781,655 Ordinary Shares will be redesignated as Class A Ordinary Shares [2]. - Additionally, 425,968,655 authorized but unissued Ordinary Shares will be redesignated as authorized but unissued Class A Ordinary Shares, maintaining all rights and privileges as per the Second Amended and Restated Memorandum of Association [2]. Group 2: Company Operations - Garden Stage Limited operates through two wholly-owned subsidiaries in Hong Kong: I Win Securities Limited, licensed for Type 1 (dealing in securities) activities, and I Win Asset Management Limited, licensed for Type 4 (advising on securities) and Type 9 (asset management) activities under the Securities and Futures Ordinance [4]. - I Win Securities Limited is a participant of the Hong Kong Stock Exchange and holds trading rights, as well as being a participant of the Hong Kong Securities Clearing Company Limited [4].
TPG Inc. (TPG) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2026-02-05 15:21
Core Insights - TPG Inc. reported quarterly earnings of $0.71 per share, exceeding the Zacks Consensus Estimate of $0.64 per share, and showing an increase from $0.62 per share a year ago, resulting in an earnings surprise of +10.64% [1] - The company achieved revenues of $628.48 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 14.60% and increasing from $461.41 million year-over-year [2] Earnings Performance - Over the last four quarters, TPG Inc. has surpassed consensus EPS estimates two times and topped revenue estimates four times [2] - The company's shares have declined approximately 12.1% since the beginning of the year, while the S&P 500 has gained 0.5% [3] Future Outlook - The future performance of TPG Inc. shares will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.67 on revenues of $563.57 million, and for the current fiscal year, it is $3.00 on revenues of $2.44 billion [7] Industry Context - The Financial - Investment Management industry, to which TPG Inc. belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact TPG Inc.'s stock performance [5]
Prudential Financial Q4 Earnings Miss, Revenues Beat, Dividend Raised
ZACKS· 2026-02-04 15:16
Core Insights - Prudential Financial, Inc. (PRU) reported fourth-quarter 2025 adjusted operating income of $3.30 per share, missing the Zacks Consensus Estimate by 2%, but reflecting an 11.5% year-over-year increase [1][10] - Total revenues reached $14.52 billion, marking an 11.6% year-over-year increase, driven by higher premiums, net investment income, and asset management fees, surpassing the Zacks Consensus Estimate by 6% [2][10] - Total benefits and expenses amounted to $13 billion, up 11.8% year over year, primarily due to increased insurance and annuity benefits and interest credited to policyholders [3] Operational Update - Prudential Global Investment Management (PGIM) reported adjusted operating income of $249 million, a decrease of 3.8% year over year, attributed to higher expenses and lower revenues from seed and co-investment income, partially offset by increased asset management fees [4] - PGIM's assets under management increased by 7% year over year to $1.466 trillion, driven by equity market and fixed income appreciation [5] - The U.S. Businesses segment delivered an adjusted operating income of $1 billion, up 22% year over year, due to favorable underwriting results and lower expenses, despite a decline in net fee income [5] - International Businesses reported adjusted operating income of $757 million, a 2% year-over-year increase, supported by improved net investment spread results [6] - Corporate and Other segment incurred an adjusted operating loss of $552 million, wider than the previous year's loss, primarily due to increased expenses [7] Capital Deployment - Prudential Financial returned $730 million to shareholders through share repurchases of $250 million and dividends of $480 million in the fourth quarter [8] - The board authorized a 4% increase in the quarterly cash dividend to $1.40 per share, marking the 18th consecutive year of dividend increases [9] Financial Update - As of December 31, 2025, cash and cash equivalents stood at $19.7 billion, a 6.5% increase from the end of 2024, while total debt increased by 0.7% to $20.3 billion [11] - Assets under management and administration rose by 7% year over year to $1.8 trillion, with adjusted book value per common share increasing by 4.5% to $100.17 [11] - Operating return on average equity improved by 110 basis points year over year to 13.3% [12] Full-Year Update - For the full year 2025, adjusted operating income was $14.43 per share, a 14.3% increase from 2023, although it missed the Zacks Consensus Estimate by 0.4% [13] - Total revenues for the year were $57.6 billion, a 15% decrease from 2024, but still beating the Zacks Consensus Estimate by 0.9% [13]
eQ Plc Notice of the Annual General Meeting 2026
Globenewswire· 2026-02-03 06:15
Core Points - eQ Plc will hold its Annual General Meeting (AGM) on 24 March 2026 at 5:00 p.m. in Helsinki, Finland, with registration starting at 4:30 p.m. [1] - The AGM will be a hybrid meeting, allowing shareholders to participate either in person or via remote connection [2] - Shareholders can submit written questions prior to the meeting as per the Finnish Companies Act [3] Agenda of the AGM - The meeting will cover the opening, calling to order, election of scrutineers, and legality recording [4] - Presentation of the annual accounts, Board of Directors' report, and auditors' report for 2025 will occur, with documents available by 3 March 2026 [5] - Adoption of the annual accounts and resolution on profit distribution, with a proposed dividend of EUR 0.52 per share, totaling EUR 21,531,742.96 [6][7] - The dividend will be paid in two installments: the first on 2 April 2026 and the second in October 2026 [8][9] - The Board of Directors will propose the discharge of liability for the financial year 2025 and handle the Remuneration Report and Policy [11][12] - The Board proposes to maintain the current remuneration for Board members and the number of members [14][15] - Election of current Board members and auditor KPMG Oy Ab for a term ending at the AGM 2027 [16][20] Shareholder Participation - Shareholders must register by 17 March 2026 to participate, with options for online registration or via email/mail [29] - Nominee-registered shareholders must ensure temporary registration by 19 March 2026 to participate [32] - Proxy representatives can register and vote on behalf of shareholders, with specific identification requirements [35][36] Remote Participation and Voting - Remote participation is available, requiring registration and provision of contact details [39][44] - Advance voting is permitted from 24 February to 17 March 2026, with options for online or email/mail submission [46] - Votes cast in advance will be counted in the AGM decision-making process [47] Company Overview - eQ Plc specializes in asset management and corporate finance, managing approximately EUR 13.8 billion in assets [53]
eQ Group is renewing its management team
Globenewswire· 2026-02-03 06:00
Core Viewpoint - eQ Plc is renewing its Management Team to enhance the implementation of its strategy and management of the Group, effective from 3 February 2026 under CEO Jouko Pölönen's leadership [1]. Group Structure - The eQ Group will operate with two main business segments: asset management and corporate finance [1]. - Asset Management will be further divided into three areas: Private Equity, Real Estate, and Equity and Fixed Income [1]. Management Team Composition - The new Management Team includes: - Jouko Pölönen, CEO of eQ Plc - Tero Estovirta, CEO of eQ Asset Management Ltd - Jacob af Forselles, CEO of Advium Corporate Finance Oy - Kirsi Hokka, Customer Relations - Taina Kyllönen, Human Resources and Communications - Arimo Leppä, Technology and Development - Antti Lyytikäinen, Finance - Juha Surve, Legal - Staffan Jåfs, Private Equity - Jennifer Eloheimo, Real Estate - Veli-Pekka Heikkinen, Equity and Fixed Income [3]. Asset Management Overview - eQ Asset Management manages approximately EUR 13.8 billion in assets, providing a wide range of services to both institutions and individuals [2]. - Advium Corporate Finance, part of the Group, specializes in mergers and acquisitions, real estate transactions, and equity capital markets [2].
Deutsche Bank posts record Q4 profit as investment bank drives earnings
Invezz· 2026-01-29 08:16
Core Insights - Deutsche Bank reported record profits in Q4 2025, exceeding market expectations due to strong performance in its investment banking and asset management sectors [1] - The net profit attributable to shareholders was 1.3 billion euros, equivalent to approximately $1.4 billion [1] Performance Analysis - The strong performance in investment banking and asset management helped offset slower corporate activity [1] - Lingering regulatory scrutiny did not significantly impact the overall profitability of the bank [1]
Shareholders’ Nomination Committee’s Proposals to Annual General Meeting 2026 concerning the Number of the Board Members, Their Remuneration and Reimbursement of Their Costs, and Nomination of the Board Members
Globenewswire· 2026-01-27 13:00
Core Viewpoint - The Shareholders' Nomination Committee of eQ Plc has proposed the composition and remuneration of the Board of Directors for the upcoming Annual General Meeting scheduled for 24 March 2026 [1]. Group 1: Board Composition - The Shareholders' Nomination Committee proposes that the number of members on the Board of Directors remains unchanged at six (6), or five (5) if a proposed member is unable to serve [2]. - The nominees for re-election to the Board of Directors include Päivi Arminen, Nicolas Berner, Caroline Bertlin, Georg Ehrnrooth, Janne Larma, and Tomas von Rettig [4]. - The term of office for the Board members will conclude at the close of the next Annual General Meeting [4]. Group 2: Board Compensation - The proposed compensation for the Chair of the Board is 5,000 euros per month, while the Vice Chair will receive 4,000 euros per month, and other Board members will receive 3,000 euros per month [3]. - Additionally, a compensation of 750 euros per attended Board meeting is proposed for all Board members, with travel and accommodation expenses reimbursed according to eQ Plc's guidelines [3]. Group 3: Nominee Consent and Leadership - All nominees have consented to the proposal and have indicated that Janne Larma will be selected as Chair of the Board of Directors upon election [5].
Publication of eQ Plc’s 2025 financial statements release and invitation to the results and strategy presentation
Globenewswire· 2026-01-27 07:00
Core Viewpoint - eQ Plc will release its 2025 financial statements on February 3, 2026, along with an updated strategy and long-term targets [1][2] Group 1: Financial Statements and Strategy - The financial statements will be published at approximately 8:00 a.m. on February 3, 2026 [1] - An updated strategy and long-term targets will accompany the financial results [1] Group 2: Press Conference Details - A press conference will be held on February 3, 2026, at 11:00 a.m. to present the 2025 results and updated strategy [1] - The press conference will take place at eQ's head office in Helsinki, with an option to participate via webcast [2] - Registration is required for webcast participation, and the conference will be conducted in Finnish [2] Group 3: Company Overview - eQ Plc specializes in asset management and corporate finance, managing approximately EUR 13.7 billion in assets [2] - eQ Asset Management provides a variety of services, including private equity funds and real estate asset management [2] - Advium Corporate Finance, part of eQ, offers services related to mergers and acquisitions, real estate transactions, and equity capital markets [2]