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BridgePort Financial Solutions LLC Invests $517,000 in Exelixis, Inc. $EXEL
americanbankingnews54d ago

BridgePort Financial Solutions LLC Invests $517,000 in Exelixis, Inc. $EXEL

BridgePort Financial Solutions LLC bought a new position in Exelixis, Inc. (NASDAQ:EXEL – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 12,521 shares of the biotechnology company’s stock, valued at approximately $517,000. Several other institutional investors have also added to or [...]

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Honda warns of tougher year ahead after third quarter profit slide
invezz54d ago

Honda warns of tougher year ahead after third quarter profit slide

Honda Motor Co., Ltd has flagged a more challenging financial year ahead after reporting a sharp fall in profit in its consolidated results for the fiscal third quarter ended December 31, 2025. The figures, released on February 10, cover the nine months from April to December and point to sustained pressure on earnings despite still [...]

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BridgePort Financial Solutions LLC Takes $517,000 Position in Exelixis, Inc. $EXEL
defenseworld54d ago

BridgePort Financial Solutions LLC Takes $517,000 Position in Exelixis, Inc. $EXEL

BridgePort Financial Solutions LLC acquired a new position in Exelixis, Inc. (NASDAQ:EXEL – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,521 shares of the biotechnology company’s stock, valued at approximately $517,000. A number of other large investors also [...]

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Stryker Corporation $SYK Shares Bought by Wesbanco Bank Inc.
defenseworld54d ago

Stryker Corporation $SYK Shares Bought by Wesbanco Bank Inc.

Wesbanco Bank Inc. grew its holdings in Stryker Corporation (NYSE:SYK – Free Report) by 5.3% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 33,890 shares of the medical technology company’s stock after buying an additional 1,721 shares during the period. Wesbanco Bank Inc.’s holdings in Stryker were [...]

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Fosun Wealth Holdings' FinChain has reached a deep strategic cooperation with Avalanche.
manilatimes54d ago

Fosun Wealth Holdings' FinChain has reached a deep strategic cooperation with Avalanche.

FinChain to Integrate the Avalanche Network, Targeting the Development of RWA Tokenization for Traditional Financial Assets in Asia.HONG KONG and NEW YORK, Feb. 10, 2026 /PRNewswire/ -- FinChain, a blockchain finance platform under Fosun Wealth Holdings today announced an initiative to accelerate innovation and development of the blockchain financial ecosystem across Asia on the Avalanche blockchain. This marks the continued expansion of Avalanche across the Asian market and will enable FinChain to unlock tens of billions of dollars in traditional financial channels, supporting the on-chain deployment of standardized financial assets.FinChain announced the official launch today of Asia's first yield-bearing RWA stable token - FUSD (Yield-Bearing Stablecoin FUSD), which will debut on Avalanche and is planned to be integrated across the entire Avalanche DeFi ecosystem. FUSD is backed by real-world financial assets, including but not limited to Taikang Asset Management (Hong Kong) money market funds and ChinaAMC money market funds-high-liquidity, standardized financial instruments. The token supports multi-chain interoperability and provides stable yield returns. It is designed to offer institutional users-including financial institutions, crypto-native financial firms, family offices, private equity funds, and pension funds-a new crypto-financial liquidity management tool characterized by high transparency, rapid settlement, flexible liquidity, and secure, collateral-backed design.On February 10, FinChain hosted the "2026 Asia Crypto Finance High-Level Closed-Door Forum" in Hong Kong, during which the initiative with Avalanche was formally established. This marks a major milestone in FinChain's vision to achieve compliant interoperability across major public blockchains globally. FinChain is currently focused on building compliant cross-chain connectivity, and FUSD is positioned to become a foundational anchor asset for real, verifiable TVL across major blockchain networks."FUSD aims to serve as a bridge connecting Web2 standardized financial assets with the Web3 crypto-financial world," said Zhao Chen, CEO of FinChain. "The launch of FUSD will provide public blockchains, exchanges, and asset managers with an unprecedented yield-bearing stable token. Together with Avalanche, we look forward to shaping a new on-chain landscape for trillions of dollars in financial assets."Avalanche, known for its high performance and compliance-friendly architecture, has become the preferred blockchain infrastructure for global financial institutions and enterprise use cases. Through its integration with FinChain, Avalanche will support the circulation and adoption of FUSD by financial institutions within its e ecosystem, highlighting its confidence in expanding real, compliant assets through globally regulated financial assets.Jacky Kong, Head of Ava Labs Hong Kong, commented:"Through FUSD, we will provide real financial assets in Asia with broad liquidity and collaboration opportunities within the Avalanche ecosystem and across global financial markets. This initiative with FinChain enables more traditional financial assets to seamlessly enter the blockchain world. Avalanche currently has over USD 1.2 billion in on-chain TVL and hosts high-quality RWA assets such as BlackRock BUIDL and Apollo ACRED, involving institutions including JPMorgan, Citi, and BlackRock. We expect FinChain to significantly scale the volume of real, liquid on-chain assets in the future."As a leading financial blockchain platform, FinChain will work closely with Avalanche to build a robust on-chain ecosystem for standardized financial assets across Asia. Leveraging FinChain's strong network and technical capabilities, this initiative is expected to unlock tens of billions of dollars in financial channels and drive innovation in institutional asset tokenization, cross-border payments, and DeFi applications.About AvalancheAvalanche is an ultra-fast, low-latency blockchain platform designed for builders who need high performance at scale. The network's architecture allows for the creation of sovereign, efficient and fully interoperable public and private layer 1 (L1) blockchains which leverage the Avalanche Consensus Mechanism to achieve high throughput and near-instant transaction finality. The ease and speed of launching an L1, and the breadth of architectural customization choices, make Avalanche the perfect environment for a composable multi-chain future. Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building decentralized applications (dApps). With its combination of speed, flexibility, and scalability, Avalanche is the platform of choice for innovators pushing the boundaries of blockchain technology.About FinChainFinChain is a Web3 brand incubated by Fosun Wealth Holdings, dedicated to building a global real-world financial blockchain network. FinChain collaborates with major public blockchains worldwide to construct decentralized, compliant layers and develop a unified on-chain identity system. Its mission is to expand cross-border liquidity reserves for financial institutions and stablecoin issuers, while providing compliant decentralized infrastructure for fintech developers globally.By fostering on-chain trust mechanisms, enhancing transparency of financial assets, and improving financing and investment efficiency, FinChain is committed to building a compliant, decentralized financial ecosystem for the future.

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Applied Finance Capital Management LLC Sells 20,189 Shares of MetLife, Inc. $MET
americanbankingnews54d ago

Applied Finance Capital Management LLC Sells 20,189 Shares of MetLife, Inc. $MET

Applied Finance Capital Management LLC lessened its position in shares of MetLife, Inc. (NYSE:MET – Free Report) by 7.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 266,171 shares of the financial services provider’s stock after selling 20,189 shares during the quarter. MetLife [...]

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Envestnet Asset Management Inc. Sells 9,927 Shares of Dominion Energy Inc. $D
americanbankingnews54d ago

Envestnet Asset Management Inc. Sells 9,927 Shares of Dominion Energy Inc. $D

Envestnet Asset Management Inc. lowered its stake in Dominion Energy Inc. (NYSE:D – Free Report) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 891,495 shares of the utilities provider’s stock after selling 9,927 shares during the quarter. Envestnet Asset Management Inc.’s holdings [...]

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Valmont Industries, Inc. $VMI Shares Sold by Principal Financial Group Inc.
americanbankingnews54d ago

Valmont Industries, Inc. $VMI Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. cut its stake in Valmont Industries, Inc. (NYSE:VMI – Free Report) by 3.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,282 shares of the industrial products company’s stock after selling 1,657 shares during the period. [...]

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AAVE Price Prediction: Testing $117 Resistance Before Potential Rally to $140
platodata54d ago

AAVE Price Prediction: Testing $117 Resistance Before Potential Rally to $140

Iris Coleman Feb 10, 2026 08:54 AAVE Price Prediction Summary • Short-term target (1 week): $117 • Medium-term forecast (1 month): $125-$140 range • Bullish breakout level: $117.91 • Critical support: $103.61 What Crypto An... AAVE Price Prediction Summary • Short-term target (1 week): $117 • Medium-term forecast (1 month): $125-$140 range• Bullish breakout level: [...]

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Taskforce Setup On Dark Net, Crypto To Monitor Illegal Narco Trafficking: Govt
freepressjournal54d ago

Taskforce Setup On Dark Net, Crypto To Monitor Illegal Narco Trafficking: Govt

The government has set up a task force under the Multi-Agency Centre to monitor darknet platforms and cryptocurrency use linked to narco-trafficking. Minister of State for Home Affairs Nityanand Rai said the move aims to improve inter-agency coordination, track drug networks, analyse smuggling trends and strengthen action against cross-border and inter-state drug trafficking.

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Forex Today: US Dollar Finds Crucial Stability After Dramatic Decline
bitcoinworld54d ago

Forex Today: US Dollar Finds Crucial Stability After Dramatic Decline

BitcoinWorldForex Today: US Dollar Finds Crucial Stability After Dramatic DeclineGlobal currency markets witnessed a significant development on Thursday as the US Dollar demonstrated remarkable stability following its sharpest weekly decline since early 2024. The Dollar Index (DXY), which measures the greenback against a basket of six major currencies, held firm above the critical 104.50 support level after plunging nearly 2% over the previous five [...]This post Forex Today: US Dollar Finds Crucial Stability After Dramatic Decline first appeared on BitcoinWorld.

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