Financial News

How Instagram addictiveness lawsuit could reshape social media – platform design meets product liability

Overwatch Rush preview - "Bite-sized mobile shooter, but in newbie-friendly third-person"

Shooting each other to death has always been the main goal in competitive gaming - but I say that as someone who actually has no idea how the world of shooters works. It's just not my genre, to be honest, and I think part of the reason why is that of the overly complicated controls that often come with it.But given that Blizzard's behemoth of a franchise, Overwatch, has just landed on mobile in the form of Overwatch Rush - and in my region, to boot - it'd be a shame if I didn't even try to dip my toes into it. ... [MORE]

During WWI, a daredevil pilot helped invent the first ‘drones’

Lawrence Sperry’s autopilot proved planes could fly themselves.The post During WWI, a daredevil pilot helped invent the first ‘drones’ appeared first on Popular Science.

What Makes Amazon (AMZN) an Overall High-Quality Growth Compounder?

Jensen Investment Management, an asset management company based in the US, released its fourth-quarter investor letter for “Jensen Quality Growth Equity Strategy”. A copy of the letter can be downloaded here. The S&P 500 Index continued its rally in Q4 2025, which started in 2022. The Jensen Quality Growth Equity Composite underperformed the Index in [...]

Examining the Future: Kronos Worldwide's Earnings Outlook

Kronos Worldwide (NYSE:KRO) is set to give its latest quarterly earnings report on Monday, 2026-03-09. Here's what investors need to know before the announcement.Analysts estimate that Kronos Worldwide will report an earnings per share (EPS) of $-0.25. The announcement from Kronos Worldwide is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.It's worth noting for new investors that guidance can be a key determinant of stock price movements.Historical Earnings PerformanceDuring the last quarter, the company reported an EPS missed by $0.26, leading to a 6.78% drop in the share price on the subsequent day.Here's a look at Kronos Worldwide's past performance and the resulting price change:QuarterQ3 2025Q2 2025Q1 2025Q4 2024EPS Estimate-0.060.130.160.13EPS Actual-0.32-0.080.16-0.12Price Change %-6.78-7.93-1.63-8.07Tracking Kronos Worldwide's Stock PerformanceShares of Kronos Worldwide were trading at $5.67 as of March 05. Over the last 52-week period, shares are down 22.65%. Given that these ...Full story available on Benzinga.com

IND VS NZ T20 WC26 Final: Western Railway Announce Special Trains From Mumbai To Ahmedabad This Weekend - Check Timings

Western Railway have announced two special trains to help ease travel concerns for the upcoming IND VS NZ T20 WC26 Final in Ahmedabad. Trains will run from Mumbai Central on this weekend to Ahmedabad, where the final will be played at the Narendra Modi Stadium. Similarly return trains have also been set up to ensure to and fro travel.

TEN, Ltd. Reports Profits for the Twelve-Months and Fourth Quarter Ended December 31, 2025

200% Q-O-Q increase in net income to $58 million in Q4 2025 $800 million of gross revenues and $161 million of net income for 2025 ($4.45 per share)$416 million in adj. EBITDA in 2025 TEN benefitting from historical high tanker rates. Timely NB orders of LNG & VLCCs$4 billion in Minimum Contracted RevenueATHENS, Greece, March 06, 2026 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE: TEN) (the "Company”) today reported results (unaudited) for the twelve months and fourth quarter ended December 31, 2025.TWELVE MONTHS 2025 SUMMARY RESULTSTEN’s fleet for the twelve months of 2025, generated close to $800 million in gross revenues, and approx. $252 million in operating income inclusive of $12.5 million in capital gains from the sale of four older vessels.Net income for the twelve months of 2025 was $161 million or $4.45 per share.Adjusted EBITDA for 2025 was $416 million, compared to $400 million in the twelve-month period of 2024.Fleet utilization during the twelve months of 2025 increased to 96.6% from 92.5% in the corresponding period of 2024.The average Time Charter Equivalent (TCE) per vessel per day for the twelve months of 2025, remained at a solid $32,130, similar to 2024 levels.Voyage expenses for 2025 with an average of 61.8 vessels in the water were at $122.2 million, about $31.0 million lower from the 2024 level.Total operating expenses per vessel per day remained at a competitive $9,990 in 2025, despite ten vessels undergoing scheduled drydocks. Vessel overhead costs were 7.0% lower from 2024 levels, at $1,866 per vessel per day.Depreciation and amortization totaled $170 million, compared with $160 million in 2024, driven by the continuous addition of newer and larger vessel classes to the fleet.Total debt obligations at the end of 2025 stood at $1.9 billion, from $1.7 billion in 2024, as a result of new vessel financings and various refinancings at competitive terms. Interest and finance costs for the twelve-months of 2025 were at $97.8 million, $14.3 million lower from the 2024 corresponding period and generally in line with the decline in global interest rates. Interest income was $10.5 million.As of December 31, 2025, TEN’s cash position stood at a solid $298 million, after $184 million in scheduled principal payments, $190 million in yard predelivery installments and capitalized expenses, and $27.0 million in preferred share dividend payments during 2025.Q4 2025 SUMMARY RESULTSIn the fourth quarter of 2025, with an identical number of vessels in operation as in the fourth quarter of 2024, (62), TEN’s gross revenues reached $222.1 million from $188.3 million in the corresponding 2024 period, while operating income almost doubled from the fourth quarter of 2024 and settled at $81.2 million. Neither of these fourth quarters had any capital gains or losses from vessel sales.Net income in the fourth quarter of 2025 experienced a threefold increase from the fourth quarter of 2024 to $58.0 million, translating to $1.70 per share, compared with $0.42 per share in the fourth quarter of 2024; an increase of approximately $40.0 million.Preferred dividends for the fourth quarter of 2025 were $6.8 million, unchanged from the fourth quarter of 2024.Adjusted EBITDA for the fourth quarter of 2025 was $127.6 million from $85.6 million in last year’s fourth quarter, representing an increase of $42 million or 49%.Fleet utilization during the fourth quarter of 2025 was 97.7% from 93.3% in the fourth quarter of 2024 with only two vessels undergoing scheduled dry dockings during that period.Average TCE per vessel per day in the fourth quarter of 2025 was $36,300, representing a 20.6% increase from the fourth quarter of 2024 level, reflecting the continuous strength of both spot and term rates in the market during the quarter.Voyage expenses during the 2025 fourth quarter were $26.8 million from $34.4 million in the fourth quarter of 2024, representing a $7.6 million decreaseOperating expenses per vessel per day in the fourth quarter of 2025 were $10,558, due to various repairs, maintenance works and required spares.Depreciation and amortization expenses amounted to $44.4 million during the 2025 fourth quarter, in line with the continuous addition of newer and larger vessel classes to the fleet.SUBSEQUENT EVENTS On January 12 and February 12, 2026, the new-building MR product tankers, Delos T and Dion were delivered to the Company and chartered for up to twelve-months at accretive rates, to major European energy concerns.On January 22, 2026, following the timely order of three VLCC’s in Q4 2025, the Company signed a Memorandum of Agreement for the sale of the 2016-built VLCC Ulysses to third parties, with delivery to the buyers end May 2026. From this sale TEN expects to generate about $82 million of free cash.On February 25, 2026, TEN signed a newbuilding contract with Hyundai Heavy Industries of South Korea for the construction of up to two vessels, 174,000cmb LNG carrier propelled by WINGD engines, with expected delivery in the third quarter of 2028.CORPORATE AFFAIRS - COMMON SHARE DIVIDENDFollowing the $0.50 dividend paid to holders of common stock on February 19, 2026, management will announce in Q2 the dividend for payment in July 2026.Since the Company’s NYSE listing in 2002, TEN has consistently demonstrated its commitment to rewarding long-standing shareholders, having distributed over $952 million in common and preferred share dividends.CORPORATE STRATEGYThe strength in the tanker markets, propelled by the ongoing geopolitical events around the globe, has led to historical high rates and TEN is a main beneficiary with 22 vessels taking advantage of the spot markets. In this environment, TEN is also making the most of high second- hand prices by di-investing some of its first-generation vessels for significant capital gains, whilst replacing them with timely new building orders of LNG and VLCCs."TEN is maintaining its steady course of dynamic fleet modernization, cash generation and growing market share for its top tier clients,” stated Mr. George Saroglou, President & COO of TEN. "As we navigate these market defining times, we remain confident that TEN will further reward shareholders with increased dividends and value appreciation going forward,” Mr. Saroglou concluded.TEN’s CURRENT NEWBUILDING PROGRAM #NameTypeDelivery (exp)StatusEmploymentCONVENTIONAL TANKERS1Dr Irene TsakosSuezmax - Scrubber FittedQ2 2025DELIVEREDYes2Silia TSuezmax - Scrubber FittedQ4 2025DELIVEREDYes3Delos TMR - Scrubber FittedQ1 2026DELIVEREDYes4DionMR - Scrubber FittedQ1 2026DELIVEREDYes5TBNPanamax LR1 - Scrubber FittedQ2 2027Under ConstructionTBA6TBNPanamax LR1 - Scrubber FittedQ3 2027Under ConstructionTBA7TBNPanamax LR1 - Scrubber FittedQ4 2027Under ConstructionTBA8TBNVLCC - Scrubber FittedQ4 2027Under ConstructionTBA9TBNVLCC - Scrubber FittedQ1 2028Under ConstructionTBA10TBNVLCC - Scrubber FittedQ2 2028Under ConstructionTBA11TBNPanamax LR1 - Scrubber FittedQ3 2028Under ConstructionTBA12TBNPanamax LR1 - Scrubber FittedQ3 2028Under ConstructionTBASHUTTLE TANKERS13Athens 04DP2 Shuttle TankerQ2 2025DELIVEREDYes14Paris 24DP2 Shuttle TankerQ3 2025DELIVEREDYes15AnfieldDP2 Shuttle TankerQ3 2026Under ConstructionYes16Ipanemas DPDP2 Shuttle TankerQ3 2027Under ConstructionYes17Copa DPDP2 Shuttle TankerQ4 2027Under ConstructionYes18Selecao DPDP2 Shuttle TankerQ1 2028Under ConstructionYes19Maracana DPDP2 Shuttle TankerQ2 2028Under ConstructionYes20Leblon DPDP2 Shuttle TankerQ3 2028Under ConstructionYes21TBNDP2 Shuttle TankerQ3 2028Under ConstructionYes22TBNDP2 Shuttle TankerQ4 2028Under ConstructionYes23TBNDP2 Shuttle TankerQ4 2028Under ConstructionYes24TBNDP2 Shuttle TankerQ4 2028Under ConstructionYesLNG CARRIERS25TBNLNG CarrierQ3 2028Under ConstructionTBA26TBNLNG CarrierQ1 2029Optional VesselTBAABOUT TEN LTD. Founded in 1993 and celebrating 33 years as a public company, TEN is one of the first and most established public shipping companies in the world. TEN's diversified energy fleet currently consists of 83 vessels, including ten DP2 shuttle tankers, three VLCCs, five scrubber-fitted LR1 tankers and one LNG carrier under construction, consisting of a mix of crude tankers, product tankers and LNG carriers totaling approx. 11 million dwt.FORWARD-LOOKING STATEMENTSExcept for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.Conference Call Details: As announced previously, today, Friday, March 6, 2026, at 10:00 a.m. Eastern Time, TEN will host a conference call to review the results as well as management's outlook for the business. The call, which will be hosted by TEN's senior management, may contain information beyond what is included in the earnings press release.Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877-405-1226 (US Toll-Free Dial In) or +1 201- 689-7823 (US and Standard International Dial In). Please quote "Tsakos” to the operator and/or conference ID 13758914.Click here for additional participant International Toll-Free access numbers.Alternatively, participants can register for the call using the call me option for a faster connection to join the conference call. You can enter your phone number and let the system call you right away. Click here for the call me option.Simultaneous Slides and Audio Webcast:There will also be a live, and then archived, webcast of the conference call and accompanying slides, available through the Company’s website. To listen to the archived audio file, visit our website www.tenn.gr and click on Webcasts & Presentations under our Investor Relations page. Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.For further information, please contact:Tsakos Energy Navigation Ltd.George SaroglouPresident & COO+30210 94 07 710gsaroglou@tenn.grInvestor Relations / MediaCapital Link, Inc.Nicolas Bornozis/ Markella Kara+212 661 7566ten@capitallink.com TSAKOS ENERGY NAVIGATION LIMITED AND SUBSIDIARIESSelected Consolidated Financial and Other Data(In Thousands of U.S. Dollars, except share, per share and fleet data) Three months ended Year ended December 31 (unaudited) December 31 (unaudited)STATEMENT OF OPERATIONS DATA 2025 2024 2025 2024 Voyage revenues$222,101 $188,260 $798,689 $804,061 Voyage expenses 26,819 34,393 122,184 152,875 Charter hire expense

Insights into Korn Ferry's Upcoming Earnings

Korn Ferry (NYSE:KFY) will release its quarterly earnings report on Monday, 2026-03-09. Here's a brief overview for investors ahead of the announcement.Analysts anticipate Korn Ferry to report an earnings per share (EPS) of $1.23.Korn Ferry bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).Performance in Previous EarningsIn the previous earnings release, the company beat EPS by $0.03, leading to a 0.21% drop in the share price the following trading session.Here's a look at Korn Ferry's past performance and the resulting price change:QuarterQ2 2026Q1 2026Q4 2025Q3 2025EPS Estimate1.301.241.261.13EPS Actual1.331.311.321.19Price Change %-0.21-0.296.46-1.19Performance of Korn Ferry SharesShares of Korn Ferry were trading at $65.08 as of March 04. Over the last 52-week period, shares are up ...Full story available on Benzinga.com

Karnataka to ban social media for kids below 16, Andhra Pradesh forbids children under 13 years from accessing social media

The decisions have been made considering the increasing concerns regarding the detrimental effects of social media on youngsters.

Currency Trade in Cuba: Current Exchange Rates and Market Trends

The informal currency exchange market in Cuba remains largely unchanged as the weekend approaches.As of 7:00 a.m. local time this Friday, ...

Big tech stocks were expensive. Then the market turned on AI

For most of the past decade, investors have had to pay exorbitant prices to own a piece of the world’s biggest technology companies. But that’s changing as AI euphoria gives way to skepticism.

Iran's Cyber-Kinetic War Doctrine Takes Shape

Iran has been hacking IP cameras to plan missile strikes against its enemies, and mounting other attacks on physical assets, showing how cyber and kinetic warfare are fast becoming one in the same.