Know What's Happening in Finance
Know What's Happening in Finance
Flex to Acquire Electrical Power Products for $1.1B, Expanding Power Infrastructure Portfolio
Flex Ltd. announced a definitive agreement to acquire Electrical Power Products for approximately $1.1 billion in cash. The target contributes roughly $323 million of annual revenue and delivers a mid‑to‑high‑teens EBITDA margin. Flex expects the transaction to be accretive to adjusted earnings per share in the first full fiscal year after closing.
Also developing:
BEWI Invest has published its fourth‑quarter and full‑year 2025 financial results, delivering a consolidated view of the company’s performance for the period. The filing, filed on the Oslo Børs and Euronext Oslo platforms, includes detailed income statements, balance sheet data, and cash‑flow metrics. The report also outlines the status of the firm’s floating‑rate notes (FRNs) and other debt instruments. Stakeholders can access the full PDF via the Oslo Børs NewsWeb portal.
The accounting profession is witnessing a shift toward fractional financial leadership, where seasoned accountants provide part‑time, embedded CFO or controller services to multiple clients. Small‑ and mid‑size businesses, facing complex strategic decisions, can now access senior expertise for 5‑15 hours...
The World Bank announced a $10 bn financing package for Mozambique, including $6 bn of mostly concessional public‑investment funding and an additional $4 bn earmarked for private‑sector projects. A $921 m grant from the International Development Association’s 21st replenishment is also part of the...
Josh Harris of 26North warned that blending unaccredited investor capital with wealth‑managed funds in mixed‑regulation vehicles creates systemic risk. At PEI Group's NEXUS 2026 conference, he argued that such structures could trigger regulatory backlash and erode confidence in private markets....
AM Best upgraded RLI Group’s financial strength ratings to A++ and its long‑term issuer credit ratings to aa+, reflecting superior balance‑sheet fundamentals and capital management. The insurer reported $1.9 billion policyholder surplus and $264.2 million underwriting income for 2025, marking the 30th consecutive...
The SEC will host a Private Markets Roundtable on March 4, 2026 to discuss the retailization of private securities. Currently, non‑accredited investors are limited to Reg A and Reg CF, while most private offerings remain inaccessible. Pending legislation could relax accredited‑investor thresholds, adding a...
The article introduces Flow Through and Flex as complementary metrics that translate hotel revenue changes into profitability outcomes. Flow Through measures the percentage of incremental revenue that becomes gross operating profit, while Flex gauges how well a property shields profit...
Evercore ISI projects Microsoft’s free cash flow to grow 5% in 2026 while hyperscaler capital spending jumps 58% to over $700 billion. In contrast, Amazon, Google, Meta and Oracle are expected to see FCF declines, whereas Nvidia and Apple are forecast...
Cornell Law professor Dan Awrey released a working paper titled "Banking, Technology, and Instability" analyzing fintech‑driven Banking‑as‑a‑Service (BaaS). The paper argues BaaS flips traditional outsourcing, with fintechs delegating core banking functions to partner banks, creating regulatory arbitrage. This shift destabilizes...
Societe Generale announced a €1 billion capital decrease on 23 February 2026 by cancelling 15,170,791 treasury shares. The move reduces the bank’s share capital to €939.65 million, representing 751.7 million ordinary shares. In parallel, the bank reported that 34.3% of its €1.462 billion 2025‑2026 share‑buy‑back programme...
Shell plc announced on 23 February 2026 that it repurchased 1,028,319 of its own shares for cancellation, executing trades on six European venues. The GBP‑denominated purchases (LSE, Chi‑X, BATS) were made at volume‑weighted average prices around £29.54 per share, while...
Retail giant Walmart announced a $30 billion share buyback, its largest ever, representing about 3.1% of its $980 billion market value, while reporting 24% YoY e‑commerce growth and a 5% dividend increase. Ride‑hailing firm Lyft unveiled a $1 billion repurchase plan, equal to...
Cayman Finance reports that the Cayman Islands’ reinsurance sector has surged, with licensed companies increasing from 58 to 113 and total assets exceeding $101 billion at the end of 2025. Premiums written grew from $9.3 bn in 2020 to $30.2 bn, driven largely...
In January, African investors and executives launched the Africa Tech 50 Index (AT50) at the London Stock Exchange to benchmark how prepared African startups are for public listings. The index uses a six‑pillar framework covering valuation momentum, revenue strength, liquidity,...
Mortgage investors are bracing for short‑term disruption as major credit bureaus roll out next‑generation scoring models that incorporate alternative data and machine‑learning algorithms. The new frameworks promise finer risk granularity but also introduce uncertainty around model validation, regulatory approval, and...
Industry analysts warn that moving away from the established tri‑merge securitization framework could introduce significant operational and liquidity risks for mortgage lenders. The tri‑merge process, which bundles GSE‑eligible loans from multiple originators, has underpinned stable funding flows for years. A...
Redwood introduced an expanded‑credit mortgage‑backed security, widening the pool of agency‑eligible assets as banks see their residential MBS holdings dip in Q4. Mortgage servicing rights (MSRs) are now being offered directly, reflecting heightened M&A activity that is reshaping the conventional...
On 28 May 2024 the Office of Financial Sanctions Implementation (OFSI) re‑issued General Licence INT/2024/4761108 under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019. The licence authorises individuals to use retail banking services of a designated credit or financial institution, provided any payments...
I've been doing analytics for 14+ years. And I'm a Microsoft Excel MVP. I still see this regularly in organizations both large and small: The one formula nobody is allowed to touch.
The Bond Buyer’s 2026 Predictions Survey, conducted with 74 public‑finance professionals, identified political uncertainty as the top five‑year threat to municipal finance, with 82% of respondents flagging it. Nearly half see tariff‑related volatility as a moderate to significant risk for...
RevSpring, a revenue‑cycle management platform backed by Frazier Healthcare, announced the acquisition of healthcare‑technology firm TrustCommerce. The deal was sourced from Waud Capital Partners, which acted as the seller. TrustCommerce brings a robust payment‑processing suite that complements RevSpring's existing billing...
CPI Card Group announced that CFO Jeffrey Hochstadt will leave the role on Feb. 13, with senior vice president Terra Grantham stepping in as interim CFO. The transition occurs just weeks before the company’s Q4 and full‑year earnings release scheduled for...
Sebi chair Tuhin Kanta Pandey announced a sweeping review of portfolio‑management‑services (PMS) regulations, citing the sector’s Rs 10.5 lakh‑crore asset base and 17% CAGR growth. The draft overhaul will prioritize investor suitability, governance, and technology, with a public consultation slated before the...
Sony Music Publishing announced Greg Prata as its new Chief Financial Officer, effective March 31, succeeding Tom Kelly who is retiring after a 35‑year career. Prata, who joined Sony in 2012 after a stint at EMI and has a background in...
Stanley Druckenmiller’s Duquesne Family Office disclosed a 13F filing that shows it exited Sandisk (SNDK) just before the memory‑chip maker posted a blockbuster earnings beat. Sandisk’s fiscal Q2 2026 revenue jumped 61% YoY to $3.03 billion, while GAAP EPS surged 615%...
POS Malaysia “Survival Before Recovery”. •Another Net loss RM209m FY25 •9 tahun berturut rugi. It’s a structural earnings problem, reflecting business model under sustained pressure. •Accum losses driven reserves to deeply negative ~RM1 bil •Net Asset per share only 11sen. Balance sheet now thinly...
NextEra Energy, Prologis, and Restaurant Brands International announced dividend increases in February 2026, keeping yields above 2.5%. NextEra boosted its quarterly payout 10% to $0.62, targeting 6% annual dividend growth through 2028, while its regulated utility and renewable segments support...
Unit4’s Financials by Coda introduces a single, multidimensional financial modeling structure that consolidates entities, currencies, accounting standards, and tax regimes into one global ledger. The platform extends this core through cloud deployment and a low‑code Extension Kit, enabling seamless integration...
Evercore has appointed a senior executive from Adams Street Partners to lead its Asia‑Pacific secondary market advisory team. The move comes after the departure of Shane Gong, who had headed the APAC private‑capital advisory practice until January 2025. Adams Street...
President Donald Trump invoked Section 122 of the 1974 Trade Act to impose a 15% tariff on a broad range of imports, framing it as a response to a purported balance‑of‑payments crisis. Treasury Secretary Scott Bessent described the duties as a...
The Genius Act, the first U.S. federal framework for payment stablecoins, imposes strict issuer eligibility, dual federal‑state oversight, one‑to‑one reserve backing, and monthly reporting verified by accountants. The AICPA responded with a March 2025 presentation and disclosure framework, recently updated to...
BDO USA secured the most new SEC audit clients in Q4 2025, largely thanks to its November 2025 acquisition of Mississippi‑based Horne. Nine of the Top 10 Firm’s ten new engagements originated from Horne, propelling BDO ahead of peers. CBIZ followed...
Saks Global secured a $1 billion emergency loan, part of a $1.75 billion financing package approved by a Houston court. The package also refinances existing debt and aims to stabilize the retailer's supply chain. Supplier approval was secured, allowing the deal to...
Nebius Group $NBIS price tgt raised to $232 at Northland Conservatively raising CY26 ending ARR estimate to $5.4B from $4B on strong 4Q25 incremental ARR and low end of CY26 capex plans. While we are not changing our...
This month the CBO released their first updated budget projection since January 2025. In short, there is no solution in sight to reduce the fiscal deficit. https://t.co/r8ycIrViqQ
Swiss watchmaker Breitling’s valuation has been slashed by up to half from 2023 levels as private‑equity owners CVC and Partners Group reassess strategy amid weaker demand, aggressive store expansion, and US tariffs. CVC now values its remaining 20% stake at...
What financial metrics do usage-based companies track when ARR isn’t the North Star? From revenue growth to NRR, AI adoption signals & RPO — here’s what truly matters 📊 Watch the full breakdown ➡️ https://t.co/g5IoWwadNz #SaaS #UsageBasedRevenue #SaaSMetrics https://t.co/hz15OquSg6
5-handle The average 30-year fixed mortgage rate today: 5.99% Same day last year: 6.89% ---------------------- 10-year treasury yield today: 4.03% Spread today: 196 bps
Hapag‑Lloyd’s pending acquisition of Zim will reshape the Asia‑US east‑coast trade, especially the five vessel‑sharing services currently run with MSC. The carrier can either keep Zim’s premium, time‑sensitive strings separate or fold them into the Gemini alliance, each option raising...
Apple returned $106.1 billion to shareholders. While its competitors collectively committed $500 billion+ to AI infrastructure. Sometimes the most strategic AI decision is knowing when not to build. Source: https://t.co/KNtNLIRTOQ
How China largely sold out of their net UST exposure yrs ago AND cornered critical minerals without ever impacting UST or commodity markets: Lend USDs along Belt & Road (BRI), repayable in either USD, CNY, or physical commodities This amounted to swapping...
European equity ETFs recorded a record €7.69 billion net inflow during the week of 16‑20 February, dwarfing all other asset classes. Materials and Industrials led sector inflows, while Financials suffered the largest outflow at €382 million. Geographic flows were dominated by Developed Markets,...
Interview with Kevin Warsh, Myron Scholes and (separately) me, on the Larry Bernstein podcast. Excellent questions. https://t.co/LoFzv1bqmR
Plenty of sites give you an earnings calendar. Others give you an AI TLDR of the release. The team at @StockMktTV focuses on what actually matters: how markets react. The Daily Beat breaks down expectations vs reality using a proprietary...
Gilead Sciences agreed to acquire the remaining shares of Arcellx for an equity value of $7.8 billion, paying $115 per share—a 79.4% premium to the prior close. The deal secures full rights to Arcellx’s BCMA‑directed CAR‑T therapy anito‑cel, which is in...
Merger Monday….ACLX (Arcellx ) being bght for $115 cash per shr +CVR worth as much as$5
Finland's Fazer Group reported record €1.19 bn sales in 2025, up from €1.18 bn, despite a 2.5% dip in comparable EBITDA to €137.8 m. CEO Christoph Vitzthum signaled openness to M&A to reinforce growth, especially after strong confectionery performance and easing cocoa prices....
FP&A creates real impact when embedded early — not after decisions are already taking shape. Jagan Kallaganti (Questas Group) discusses FP&A’s shift from stewardship to decision enablement and why many teams remain credible, but not truly influential: https://t.co/jaR4Oo66Wk https://t.co/4eeRpVrUe1
Major private‑equity firms such as KKR, Blackstone and CVC reported no publicly disclosed full exits from mainland Chinese portfolio companies in 2025. The exit drought reflects strained liquidity, higher interest rates and depressed valuations that have throttled deal activity. While...
