What happened According to an SEC filing dated Feb. 13, 2026, Promethos Capital, LLC, sold its entire holding of 34,935 shares in Sprouts Farmers Market (NASDAQ:SFM). The transaction’s estimated value was approximately $3.80 million, calculated using the quarterly average share price. The fund’s quarter-end position value in Sprouts Farmers Market fell by $3.80 million, a figure reflecting the sale of all SFM shares. What else to know Promethos Capital fully exited its Sprouts Farmers Market position, w ...

Trade Agreement Overview - The Trump administration finalized a reciprocal trade agreement establishing a 15% U.S. tariff rate on imports from Taiwan, while Taiwan commits to lowering or eliminating tariffs on nearly all U.S. goods [1][3] U.S. Goods Purchase Commitment - Taiwan is set to significantly increase its purchases of U.S. goods from 2025 to 2029, including $44.4 billion in liquefied natural gas and crude oil, $15.2 billion in civil aircraft and engines, and $25.2 billion in power grid equipment and generators [2] Tariff Adjustments - The agreement reduces tariffs on Taiwanese goods from 20% to 15%, aligning Taiwan with South Korea and Japan, its main Asian export competitors [3] - Taiwan secured exemptions from reciprocal tariffs for over 2,000 product items exported to the U.S., lowering the average tariff on U.S. exports to 12.33% [5] Economic Impact and Strategic Partnership - Taiwan's President emphasized the agreement as a pivotal moment for economic transformation, aiming to optimize the Taiwan-U.S. economic framework and establish a high-tech strategic partnership [4] Investment Pledge - The agreement includes a commitment from Taiwan to invest $250 billion in U.S. semiconductor, energy, and AI production, with $100 billion already pledged by Taiwan Semiconductor Manufacturing Corp [6] - Taiwan's representative office in the U.S. will work with U.S. authorities to facilitate new investments in strategic high-tech sectors [7] Agricultural Tariff Changes - The deal will eliminate Taiwan's tariffs of up to 26% on many U.S. agricultural imports, while some tariffs will be reduced to 10% [7]

Industry Overview - The Zacks Agriculture – Operations industry is facing structural challenges such as volatile commodity prices, high input and labor costs, trade uncertainties, and rising operating expenses, which are compressing margins and testing long-term sustainability [1][4][5] - The industry includes companies involved in the production, transportation, storage, processing, and distribution of agricultural commodities, as well as those engaged in dairy operations and food ingredient development [3] Long-term Outlook - Despite current headwinds, the long-term outlook for the industry remains positive due to innovation in seeds, crop inputs, food processing, and supply chains, alongside rising consumer demand for healthier and sustainably produced food [2] - The adoption of alternative proteins, efficiency gains in grain handling, and demand from emerging markets are contributing to growth opportunities [2] Financial Projections - The U.S. Department of Agriculture projects agricultural exports to reach $173 billion for fiscal 2026, an increase from previous forecasts, driven by stronger export volumes for corn and wheat [6] - Corn exports are expected to be $17.6 billion, up $2.4 billion, while wheat exports are projected to increase to $6.2 billion [6] Cost Pressures - Agricultural companies are experiencing rising costs due to fluctuating commodity prices and inflation, which are squeezing profitability and narrowing margins [4] - Companies are managing higher selling, general and administrative (SG&A) expenses, which may continue to impact profitability [5] Stock Performance - The Zacks Agriculture – Operations industry has underperformed compared to the Zacks Consumer Staples sector and the S&P 500, with a collective stock increase of only 0.9% over the past year [11] - The industry currently holds a Zacks Industry Rank of 166, placing it in the bottom 32% of over 250 Zacks industries, indicating dull near-term prospects [9][10] Valuation Metrics - The industry is trading at a forward 12-month price-to-earnings (P/E) ratio of 14.74X, compared to the S&P 500's 23.51X and the sector's 16.49X [14] - Over the past five years, the industry has seen a P/E range from 10.83X to 17.43X, with a median of 14.16X [14] Key Companies - **Corteva Inc. (CTVA)**: Positioned for above-market growth with a strong product pipeline and innovation strategy, expected to see earnings growth of 28.4% in 2025 [18][19] - **The Scotts Miracle-Gro Company (SMG)**: Focused on core brands and e-commerce, with projected earnings growth of 13.4% in fiscal 2026 [22][23] - **Mission Produce Inc. (AVO)**: Demonstrating strong performance through effective integration of sales and sourcing, with a significant earnings surprise of 340.8% in the past four quarters [25][26] - **Adecoagro S.A. (AGRO)**: Engaged in diversified agricultural activities, though facing a projected earnings decline of 89.1% in 2025 [28][29]

Core Insights - Azalea Fresh Market, Atlanta's first government-operated grocery store, has successfully served over 20,000 customers since its opening last fall, addressing food access in a historically food desert area [1][2][3] Group 1: Store Operations and Community Impact - The grocery store operates daily from 7 a.m. to 10 p.m., offering a variety of products including fresh produce, dairy, meats, and pantry staples, while sourcing from local farmers to support the regional economy [6] - Mayor Andre Dickens emphasized the store as a "community hub" aimed at promoting healthier lifestyles and supporting Georgia-grown products, contributing to local job growth and revitalizing the Downtown economy [5] - The initiative is seen as a model for addressing food insecurity and fostering sustainable community development, with other cities observing Atlanta's efforts closely [5][8] Group 2: Broader Context and Implications - The success of Azalea Fresh Market may influence other cities considering similar government-backed grocery stores, especially those that have struggled to maintain such initiatives [8] - The store's establishment aligns with broader trends in urban food access, as seen in discussions around city-owned grocery stores in other locations, such as New York City [9][11]

Company Overview - Sysco Corporation (SYY) is valued at $35.6 billion and is a leading American multinational food-service distribution company headquartered in Houston, Texas, distributing a wide range of food and related products globally [1] Earnings Expectations - Analysts expect Sysco to report a profit of $0.97 per share for the fiscal second quarter, reflecting a 4.3% increase from $0.93 per share in the same quarter last year [2] - For the full fiscal year, analysts anticipate an EPS of $4.56, which is a 2.2% increase from $4.46 in fiscal 2025, with expectations of a further rise to $5 in fiscal 2027, representing a 9.7% year-over-year growth [3] Stock Performance - Sysco's stock has decreased by 4.2% over the past year, underperforming the S&P 500 Index, which gained 14.8%, and the Consumer Staples Select Sector SPDR Fund, which saw a 1.7% loss [4] - The decline in stock performance is attributed to slower growth and margin pressures rather than structural issues within the company, with reduced traffic at restaurants impacting volume growth and ongoing inflation in food, labor, and logistics costs affecting margins [5] Analyst Ratings - The consensus opinion among analysts on Sysco stock is moderately bullish, with a "Moderate Buy" rating overall; out of 16 analysts, 10 recommend a "Strong Buy" and 6 suggest a "Hold" [6] - The average analyst price target for Sysco is $87.64, indicating a potential upside of 18% from current levels [6]

Core Insights - Apollo-managed funds have agreed to acquire a majority stake in Prosol Group, a leader in fresh food retail in France, from Ardian, with existing shareholders and management reinvesting alongside Apollo [1][3] - Prosol operates nearly 450 stores in France under brands such as Grand Frais and Fresh, focusing on fresh, quality products and a vertically integrated supply chain [2][8] - The investment is expected to support Prosol's growth ambitions both in France and internationally, leveraging Apollo's extensive retail expertise [3] Company Overview - Prosol, founded in 1992, has established a strong customer base through its proprietary supply chain and high-quality product offerings [2][6] - The company operates under multiple retail brands, including Grand Frais, Fresh, La Boulangerie du Marché, mon-marché.fr, BioFrais, and Banco Fresco in Italy [2][8] - Prosol's model emphasizes long-term partnerships with producers, in-house expertise, and a dedicated logistics network to ensure product quality and freshness [7] Investment Details - The transaction is subject to regulatory approvals and is expected to close in Q2 2026 [4] - Apollo has a successful track record in private equity, particularly in the retail and consumer sectors, with approximately €14 billion invested in French companies [3][5]

French President Emmanuel Macron will lobby his Xi Jinping this week to try to avert tariffs on dairy and pork exports to China https://t.co/7OOTSbPJDr ...

Core Insights - IDEXX Laboratories, Inc. is a leading company in the pet healthcare sector, with a market capitalization of $55.7 billion, focusing on veterinary products and services for various animal markets [1] Performance Overview - Over the past year, IDXX shares have increased by 64.7%, significantly outperforming the S&P 500 Index, which rose by 10.5% [2] - Year-to-date in 2025, IDXX stock is up 66.7%, compared to the S&P 500's 11.2% increase [2] Comparison with Industry Peers - IDXX's performance is also superior to the SPDR S&P Health Care Equipment ETF (XHE), which has declined by 9.3% over the past year [3] - On a year-to-date basis, IDXX's double-digit returns contrast with the ETF's 8.1% losses [3] Financial Results - On November 3, IDXX reported Q3 results, with an EPS of $3.40, exceeding Wall Street's expectation of $3.14 [4] - The company's revenue for the quarter was $1.11 billion, surpassing the forecast of $1.07 billion [4] - For the full year, IDXX expects EPS to be between $12.81 and $13.01, with revenue projected between $4.27 billion and $4.30 billion [4] Analyst Expectations - Analysts predict a 21.2% growth in IDXX's EPS for the current fiscal year, estimating it to reach $12.93 on a diluted basis [5] - IDXX has consistently beaten consensus estimates in the last four quarters, indicating strong performance [5] - Among 13 analysts, the consensus rating for IDXX is a "Moderate Buy," with seven "Strong Buy" ratings, one "Moderate Buy," and five "Holds" [5] Price Targets - Analyst Chris Schott from JPMorgan Chase & Co. maintains a "Buy" rating on IDXX with a price target of $775, suggesting a potential upside of 12.4% [6] - The mean price target is $785.27, indicating a 13.9% premium to current levels, while the highest target of $830 suggests a 20.4% upside potential [6]

Health & Wellness - Research indicates a correlation between excessive dairy consumption before sleep and increased incidence of nightmares [1] - Lactose intolerant individuals may experience a higher frequency of bad dreams when consuming cheese or dairy products before bed [1]

Health & Dietary - Research indicates a correlation between consuming excessive cheese or dairy before sleep and increased nightmares [1] - Lactose intolerant individuals are particularly susceptible to experiencing adverse dreams after dairy consumption [1]