One Tax Change that Could Improve Canada's Productivity and Benefit All
Canada’s productivity has lagged its U.S. neighbour by roughly 20 percent per hour worked, prompting the Bank of Canada to call for urgent action. A key obstacle identified is the capital‑gains lock‑in effect, which discourages investors from selling appreciated assets. The article argues for a broad capital‑gains deferral mechanism that would allow proceeds to be reinvested in productive Canadian assets without immediate tax. International models, especially Estonia’s profit‑distribution tax system, illustrate how removing tax friction can accelerate capital recycling and boost growth.
Napier AI AML Index 2025: The Nations Leading the Charge
The Napier AI/AML Index 2025‑2026 estimates that AI‑driven anti‑money‑laundering (AML) solutions could shave $183 billion off global compliance costs, up from $138 billion last year, and generate $3.3 trillion in economic benefits. The United States tops potential AI savings at $26.18 billion, followed by...
China Rebounds to Become Asia’s Busiest Buyout Market – Deloitte
China has reclaimed its position as Asia’s busiest buyout market, according to Deloitte’s latest private‑equity report. A surge in domestic and regional fund activity offset a decline in Western capital, driving a 28% increase in deal volume year‑over‑year. The market...
P Nandalal Weerasinghe: Central Bank of Sri Lanka's Policy Agenda for 2026 and Beyond
Governor P. Nandalal Weerasinghe outlined the Central Bank of Sri Lanka’s policy roadmap for 2026, building on the macro‑economic stability achieved in 2025. He highlighted that despite global trade uncertainties, market volatility and geopolitical tensions, inflation fell below 5 % and...
Finding the Biggest Tokenised Stocks Shop in Crypto
Kraken’s xStocks platform has generated over $25 billion in total transaction volume—including centralized and decentralized trades, minting, and redemption—within less than eight months. The milestone is supported by more than $3.5 billion of on‑chain activity and a base of over 80,000 unique...
Pål Longva: Report From Norges Bank Watch
In 2025 Norges Bank cut its policy rate twice, first to 4.25% in June and then to 4% in September, surprising markets despite the bank’s stated commitment to transparent communication. Governor Pål Longva highlighted ongoing efforts to convey forecast uncertainty,...
IShares MSCI EM Swap UCITS ETF: BlackRock Lists Emerging Market Swap Instrument in London
BlackRock's iShares MSCI Emerging Markets Swap UCITS ETF launched in London on 23 February 2026, ticker ESWP, expanding its synthetic ETF suite. The fund tracks the MSCI Emerging Markets Index via unfunded total‑return swaps, offering a 0.14% TER, 4 basis...
Blackstone’s Data Centre Push: When Private Capital Opens The AI Rails To Public Investors
Blackstone is preparing a publicly traded REIT that will acquire stabilized, leased data‑centre properties, giving retail investors direct exposure to the cashflows powering AI compute. The vehicle avoids speculative land‑banking, focusing on income‑producing assets with predictable lease revenue. By listing,...
Rail Logistics Europe (SNCF) Demonstrated ‘Notable Resilience’
France’s SNCF Group posted a fifth straight year of profit in 2025, lifting net profit to €1.8 bn on stable €43 bn revenue. Rail Logistics Europe (RLE) saw EBITDA climb to €260 m, raising its margin to 14.4% despite a 1.6% revenue dip...
Piero Cipollone: The Digital Euro - Enhancing Payments in the Euro Area
In a February 2026 speech to Italy’s Parliamentary Committee, ECB Executive Board member Piero Cipollone outlined the digital euro initiative, stressing its role in modernising payments and reinforcing trust through democratic legitimacy. He framed the project as a strategic response...
ECB's Villeroy: It Would Be a Mistake to Predict Rate Move in a Hurry
ECB Governing Council member Francois Villeroy warned that forecasting a rate move too quickly would be a mistake, emphasizing that policy decisions will not hinge solely on volatile energy prices. He noted that France’s exposure to Middle‑East tensions remains limited,...
Greggs Annual Profit Declines in ‘Tough’ Food-to-Go Market
Greggs reported a 9.5% drop in underlying pre‑tax profit to £171.9 million for the year to 27 December, even as total sales grew 6.8% to £2.1 billion. The chain added 121 net new outlets, marking its 2,700th shop and piloting a compact “bitesize”...
AgroStar Crosses Rs 850 Cr Revenue in FY25; Cuts Losses
AgroStar reported Rs 853 crore operating revenue for FY25, a 14.2% increase over FY24, while cutting its net loss by 56% to Rs 143.5 crore. Product sales, which account for 97% of revenue, grew 14.5% to Rs 827 crore. The...
ABL Group ASA: Initiation of Share Buyback Program
ABL Group ASA announced a share buyback program authorising the repurchase of up to 300,000 shares, roughly 0.2% of its outstanding capital, for a maximum of NOK 5 million. The programme runs from 3 March 2026 until the share limit is reached or 30 June 2026,...
Casino Group Communication
Casino Group announced it is negotiating with creditors to adapt and strengthen its financial structure, extending consent periods and discussing operational financing extensions. The company postponed its 2025 full‑year results to the end of March while statutory auditors engage with...
AI Reshapes Finance Jobs as Entry-Level Roles Come Under Pressure
Artificial intelligence is reshaping finance employment, pushing digital and technical skills to the forefront while diminishing the perceived value of traditional accounting tasks. Only 14% of finance leaders consider classic accounting abilities essential for new hires, and 41% prioritize AI...
Starz Narrows Financial Loss to Under $21 Million During Q4
Starz posted Q4 2025 revenue of $322.8 million, a 6.3% decline year‑over‑year, driven by a 12% drop in streaming‑related sales. Linear and other revenue rose 6.6% to $112.5 million, partially offsetting the shortfall. The operating loss narrowed dramatically to $4.7...
Renault S.A.: Disclosure of Trading in Own Shares From February 20 to February 25, 2026
Renault S.A. disclosed that it repurchased a total of 600,000 of its own shares between February 20 and February 25, 2026. The buyback was executed through an investment services provider on the Paris exchange (XPAR) at an average weighted price...
What Does Programmable Money Mean for Treasury Operations?
Programmable money embeds conditional logic into cash movements, turning treasury processes from batch‑based to event‑driven. It leverages a mix of digital instruments—CBDCs, stablecoins, and tokenised deposits—to meet varied operational needs. AI‑guided payment libraries add automation while preserving governance, and quantum‑resistant...
How Brokers Can Position Private Lending as a Strategic Advantage
Real estate brokers can turn private lending into a strategic advantage by offering faster, more flexible financing than traditional banks. Private lenders specialize in distinct property types and deal sizes, allowing brokers to match investors with the right capital source....
Superior Group of Companies Inc (SGC) Q4 2025 Earnings Call Transcript
Superior Group of Companies (SGC) posted Q4 2025 results showing Branded Products revenue falling to $85 million, an 8% YoY decline, while SG&A expenses dropped 7% to $48 million, keeping the SG&A ratio flat at 35%. Net income rose to $2.7 million sequentially...
Advantage Solutions Inc (ADV) Q4 2025 Earnings Call Transcript
Advantage Solutions reported Q4 2025 revenue of $785 million, a 3% YoY increase, driven by Experiential Services growth while Branded and Retailer Services lagged. The company refinanced debt to 2030, paying down $90 million and extending maturities, and sold three non‑core businesses...
B&G Foods Inc (BGS) Q4 2025 Earnings Call Transcript
B&G Foods reported Q4 2025 net sales of $539.6 million, a 2.2% decline, while posting a $15.2 million net loss driven by non‑cash impairment charges. The company completed the sale of its Green Giant U.S. frozen business for $63.2 million and secured a...
Autozone Inc (AZO) Q2 2026 Earnings Call Transcript
AutoZone Inc. (AZZ) posted Q2 2026 sales of $417.3 million, up 2%, driven by a 10.8% surge in its Metal Coatings segment. Adjusted EPS rose 13.1% to $1.55, while operating cash flow increased 23% to $58.4 million. The company trimmed net leverage...
Oxford Square Capital Corp (OXSQ) Q4 2025 Earnings Call Transcript
Oaktree Specialty Lending Corp reported adjusted net investment income of $36.1 million ($0.41 per share) for the quarter, a modest rise from the prior period. New funded investments surged 42% to $314 million, expanding the fair‑value portfolio to $2.95 billion with a weighted‑average...
Who Should Own What? Revisiting the ‘Natural Owner’ Principle
In 1989 McKinsey consultants John Stuckey and Rob McLean introduced the “natural owner” principle, arguing firms should retain only businesses they can uniquely maximize NPV for. The concept, originally a defensive tool for divestiture, has evolved into a strategic lens for...
Antalpha Platform Holding Co (ANTA) Q4 2025 Earnings Call Transcript
Antero Resources Corp. closed its HG Energy acquisition ahead of schedule, adding 385,000 net acres and over 400 drilling locations, while divesting its Ohio Utica asset to cement its status as West Virginia's leading natural gas and NGL producer. The...
GitLab Inc (GTLB) Q4 2026 Earnings Call Transcript
GitLab reported record annual recurring revenue (ARR) surpassing $1 billion and full‑year revenue of $955 million, a 26% increase year over year. The fiscal fourth quarter delivered $260 million in revenue, 23% growth, and a non‑GAAP operating margin of 20.5%, beating guidance. Management...
Evolus Inc (EOLS) Q4 2025 Earnings Call Transcript
Evolus Inc. reported fourth‑quarter 2025 net revenue of $90.3 million, a 14% year‑over‑year increase, and full‑year revenue of $297.2 million, marking a sixth consecutive double‑digit growth year. Jeuveau drove the bulk of sales, achieving over 14% U.S. market share, while the newly...
Webtoon Entertainment Inc (WBTN) Q4 2025 Earnings Call Transcript
Webtoon Entertainment reported Q4 2025 revenue of $330.7 million, a 4.1% decline, while full‑year revenue rose 3.9% to $1.4 billion. The quarter’s net loss ballooned to $336.5 million, driven primarily by a goodwill impairment tied to Wattpad. A strategic milestone was Disney’s...
Full-Stack-Backing-for-Baltic-Ambition
The Baltic region is launching a full‑stack Significant Risk Transfer (SRT) platform that combines origination, structuring, and distribution under one roof. Backed by a coalition of local banks and global institutional investors, the solution targets renewable energy, infrastructure and other...
Mayville Engineering Company Inc (MEC) Q4 2025 Earnings Call Transcript
Mayville Engineering Company reported Q2 2025 net sales of $132.3 million, a 19.1% decline year‑over‑year, and adjusted EBITDA of $13.7 million, with margin slipping to 10.3%. The company completed its AccuFab acquisition, expanding its serviceable addressable market by roughly 60%...
Gran Tierra Energy Inc (GTE) Q4 2025 Earnings Call Transcript
Gran Tierra Energy reported Q4 2020 production of roughly 23,000 barrels of oil per day while sharply curbing costs, cutting operating expenses 39% to $145 million. The company achieved a 133% proved‑developed‑producing reserve replacement ratio and a 1P net present value...
Black Rock Coffee Bar Inc (BRCB) Q4 2025 Earnings Call Transcript
Dutch Bros reported a 28% revenue increase to $1.64 billion for 2025, driven by 154 new store openings that brought the system to 1,136 locations. Adjusted EBITDA rose 31% to $303 million and average unit volume hit a record $2.1 million. The company...
Eastern Company (EML) Q4 2025 Earnings Call Transcript
Eagle Materials reported Q4 FY2025 revenue of $558 million, a modest decline driven by lower cement, concrete and aggregates volumes after record rainfall in the Midwest. Despite the volume drop, earnings per share rose to $3.56, helped by a 3%...
Hyster-Yale Inc (HY) Q4 2025 Earnings Call Transcript
Honeywell reported a strong fourth‑quarter 2025, with organic orders up 23% and a record backlog exceeding $37 billion. Organic sales rose 11% (6% excluding the Bombardier agreement) and adjusted EPS climbed 17% to $2.90. Free cash flow surged 48% to $2.5 billion,...
Rayonier Advanced Materials Inc (RYAM) Q4 2025 Earnings Call Transcript
Rayonier Advanced Materials completed its merger with PotlatchDeltic on Jan. 30, creating a timberland powerhouse with over 4 million acres and adding wood products and land‑based solutions capabilities. Full‑year 2025 adjusted EBITDA reached $248 million, an 8% increase that beat the top of...
Civeo Corp (CVEO) Q4 2025 Earnings Call Transcript
Civeo Corp reported Q3 2025 results that highlighted solid growth in its Australian operations and a marked margin improvement in Canada despite lower revenues. The Bowen Basin village acquisition drove a 7% revenue increase and a 19% rise in adjusted...
Latham Group Inc (SWIM) Q4 2025 Earnings Call Transcript
Latham Group reported Q4 2025 net sales of $100 million, a 15% year‑over‑year increase, pushing full‑year revenue to $546 million, up 7%. Adjusted EBITDA surged to $10 million in the quarter and $100 million for the year, with margins expanding...
Thor Industries Inc (THO) Q2 2026 Earnings Call Transcript
Thermon Group Holdings reported record Q3 fiscal 2026 results, with revenue of $147.3 million, up 10% year‑over‑year, and adjusted EBITDA of $35.66 million, a 12% increase. Gross margin improved to 46.6% and adjusted EPS rose 18% to $0.66. Orders grew...
Investors Welcome Bradesco Healthcare Shakeup
Brazilian financial giant Bradesco announced it will consolidate all of its healthcare holdings into a single, publicly listed division. The restructuring creates a dedicated health platform that will house hospitals, insurance operations, and ancillary services under one corporate umbrella. Investors...
Tax Refunds Are Up Double Digits So Far in 2026, IRS Stats Show
Tax refunds are up more than 10% so far in 2026, with the average refund reaching $3,804, a $351 increase over the previous year. Direct‑deposit refunds rose 8.7% to $3,809, even though the number of returns processed fell about 2%....
Harrow Announces Q4 and Full-Year 2025 Financial Results and 2026 Financial Guidance
Harrow, Inc. reported a record fourth‑quarter revenue of $89.1 million, a 33% rise year‑over‑year, and full‑year 2025 revenue of $272.3 million, up 36% from 2024. The company posted GAAP net income of $6.6 million in Q4 but a net loss of $5.1 million for...
ThredUp Announces Fourth Quarter and Full Year 2025 Results
ThredUp reported fourth‑quarter revenue of $79.7 million, an 18% year‑over‑year increase, and full‑year 2025 revenue of $310.8 million, up 20% YoY. Active buyers rose to a record 1.65 million, a 30% jump, while the loss from continuing operations narrowed to $5.6 million in Q4...
Senseonics Holdings, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
Senseonics Holdings reported fourth‑quarter 2025 revenue of $14.3 million, a 72% year‑over‑year rise, and full‑year revenue of $35.3 million, up 57% YoY. The company saw 103% new‑patient growth in the U.S., expanded its provider network to 60 inserters, and grew active prescribers...
Geopolitical Shock From Operation Epic Fury Tests Muni Market Resilience
Operation Epic Fury, the U.S.-Israeli campaign against Iran, is driving heightened volatility across global markets. Oil and natural‑gas prices have surged, prompting a risk‑off shift in equities and signaling inflation concerns in bond yields. Municipal bond investors face uncertain supply‑demand...
ISDA/ASIFMA Request Clarifications on RBI IRD Master Directions
On February 11, 2026 ISDA and the Association of Securities and Intermediaries in Financial Markets (ASIFMA) sent a joint letter to the Reserve Bank of India requesting clarification on the RBI’s 2025 Master Direction for Rupee Interest Rate Derivatives. The...
#58463
On February 17, 2026 the OCC adjusted SMX (Security Matters) Public Limited Company options, creating the SMX1 contract. Each SMX1 contract now delivers 20 SMX ordinary shares and a cash‑in‑lieu payment of $16.48, calculated using a $34.338299 per‑share price. The cash portion...
California Bill Would Exclude Military Retirement Pay From State Taxable Income
California’s Senate Bill 1407 proposes eliminating the $20,000 cap on military retirement pay exemptions, allowing veterans to exclude their entire pension and survivor benefits from state income tax. The measure, backed by a bipartisan coalition, aims to reverse a loss...
TPM26: Iran Conflict Puts New Risk on US Economic Growth: Yellen
Former Treasury Secretary Janet Yellen warned that the Iran‑Israel conflict threatens to choke oil flows through the Strait of Hormuz, sending crude futures to their highest level in over a year. Higher energy prices could lift inflation and undermine the...