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Author: Admin
Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025.Nurphoto | Nurphoto | Getty ImagesAuto giant Stellantis on Thursday reported its first-ever annual loss after booking substantial write-downs amid a major strategic shift.The multinational conglomerate, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, posted a full-year 2025 net loss of 22.3 billion euros ($26.3 billion), compared to full-year profit of 5.5 billion euros a year ago.The net loss was impacted by 25.4 billion euros in write-downs, Stellantis said, as the firm sharply scales…
Chris Costa, president and CEO of Knapp Properties, has been named the 2026 Commercial Real Estate Professional of the Year by the Business Record. He will be honored at the Business Record’s Commercial Real Estate Forum, scheduled for Thursday, April 23, at the Hilton Des Moines Downtown. The award is designed to highlight an outstanding CRE professional from Central Iowa for their professional accomplishments and community engagement. Costa’s impact on the commercial real estate sector is evident in the letters of recommendation from those who supported his nomination for the award. Gerry Neugent, co-chairman of Knapp Properties, said Costa’s leadership…
Empirical Asset Management LLC purchased a new stake in Synopsys, Inc. (NASDAQ:SNPS – Free Report) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 1,567 shares of the semiconductor company’s stock, valued at approximately $773,000. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cary Street Partners Financial LLC boosted its position in shares of Synopsys by 4.6% during the 3rd quarter. Cary Street Partners Financial LLC now owns 9,543 shares of the semiconductor company’s stock valued at $4,708,000 after acquiring an additional 418 shares in the last quarter. Bradley Foster…
Market Update: ADI, AMT, ITRI, NSC, RL, HUBS
Few stories in the European finance industry, where I work, are as gripping (or as tainted by history) as the recovery of (NYSE: DB). As the bank moves from a “recovery trade” to a “focused growth” engine as we approach the 2026–2028 strategic cycle, I think we’re seeing a true structural shift in DB’s story after years of capital fragility and an apparently never-ending litigation conveyor belt. Prospective DB investors can still invest in this turnaround at a favorable valuation point because, in my opinion, the company has overcome its “legacy” obstacles and is now using its status as a…
The logo of Puma SE displayed in the window of the flagship store in Berlin, Germany, on Wednesday, March 1, 2023. Puma forecast slower profit growth as new Chief Executive Officer Arne Freundt confronts excess inventory and higher costs for marketing sneakers and apparel. Photographer: Krisztian Bocsi/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesLONDON — European stocks were mixed in morning trade on Thursday, as corporate earnings took the spotlight. By 9:20 a.m. in London (4:20 a.m. ET), the pan-European Stoxx 600 was hovering just above the flatline, with sectors and major bourses in mixed territory. It’s a busy…
Allianz CFO Claire-Marie Coste-Lepoutre joins Bloomberg TV to discuss its full year results, profit outlook and a new share buyback program. Coste-Lepoutre speaks with Bloomberg’s Lizzy Burden and Anna Edwards on The Opening Trade. (Source: Bloomberg)
Soybeans are trading with Wednesday gains at midday, with meal leading the charge. The cmdtyView national average Cash Bean price is up 6 1/2 cents at $10.81. Soymeal futures are $7.60 to $8.10 in the front months, with. Soy Oil futures down 7 to 12 points. The forecast for Argentina is looking a little drier as they look to finish out their growing season, likely adding to some meal strength at midday.USDA’s Export Sales report showing business for the week of February 19 will be out on Thursday, with traders looking for between 0.4 to 1 MMT of soybeans sales. Soybean meal…
Wikipedia founder Jimmy Wales is calling Bitcoin a bubble again. In a recent tweet on X, Wales predicted the asset would collapse to $10,000 by 2050, dismissing the trillion-dollar network as a “complete failure” of a currency that serves no real human purpose. People who think that Bitcoin is going to zero are likely mistaken. The design is robust enough that it will continue to exist in perpetuity, barring some currently unforeseen breakdown in cryptography or a surprise 51% attack (even then, a fork would carry on I would imagine).…— Jimmy Wales (@jimmy_wales) February 25, 2026 The market is taking…
The couple immersed themselves in their nearly-married life when they listed their own properties to buy a Connecticut mansion, which they have been renovating since they closed on it.
