Your ‘safe’ stock funds may be riskier than you think
Index funds mirroring the overall US stock market are breaching legal thresholds for diversification.
Index funds mirroring the overall US stock market are breaching legal thresholds for diversification.

Alimentation Couche Tard (TSX:ATD) is down 3% and poised to recover.The post 1 Canadian Stock Down 3% That’s Pure Long-term Perfection appeared first on The Motley Fool Canada.
NEW YORK, Feb. 12, 2026 /PRNewswire/ - Bank of Montreal ("BMO") today announced that it will be implementing reverse splits of six series of its outstanding Exchange Traded Notes listed in the table below (each, an "ETN" and, collectively, the "ETNs"). Each reverse split is expected to be effective at the open of trading on February 24, 2026 (the "Effective Date").The table below summarizes the reverse splits.ETN Title Ticker SymbolReverse Split RatioSplit FactorCurrent CUSIP / New CUSIPMicroSectorsTM FANG & Innovation -3× Inverse Leveraged ETNs due June 28, 2041BERZ1-for-2020063679450/063679351MicroSectorsTM U.S. Big Banks -3× Inverse Leveraged ETNs due February 17, 2045BNKD1-for-55063679377/063679336MicroSectorsTM Gold -3× Inverse Leveraged ETNs due January 29, 2043DULL1-for-5050063679518/063679344MicroSectorsTM Travel -3× Inverse Leveraged ETNs due May 29, 2042FLYD1-for-101006368J309/06368J408MicroSectorsTM U.S. Big Oil -3× Inverse Leveraged ETNs due February 17, 2045NRGD1-for-55063679393/063679328MicroSectorsTM Oil & Gas Exploration & Production -3× Inverse Leveraged ETNs due June 28, 2041OILD1-for-101006368L205/06368L882Each series of ETNs is expected to begin trading on NYSE Arca, Inc. on a reverse split-adjusted basis on the Effective Date. Holders of a series of ETNs who purchased such ETNs prior to the Effective Date will receive reverse split-adjusted ETNs based on the applicable Reverse Split Ratio set forth in the table above. For example, a 1-for-10 Reverse Split Ratio means that holders of a series of ETNs who purchased such ETNs prior to the Effective Date will receive one reverse split-adjusted ETN for every ten pre-reverse split ETNs they hold.In addition, investors that hold a number of ETNs not evenly divisible by the applicable Split Factor will receive a cash payment for any fractional ETNs remaining (the "Partials"). The cash payment due on any Partials for each series of ETNs is expected to be determined on March 2, 2026 and will equal, for each remaining ETN of that series, ...Full story available on Benzinga.com
NEW YORK, Feb. 12, 2026 /PRNewswire/ - Bank of Montreal ("BMO") today announced that it will be implementing splits of three series of its outstanding Exchange Traded Notes listed in the table below (each, an "ETN" and, collectively, the "ETNs"). Each split is expected to be effective at the open of trading on February 24, 2026 (the "Ex-Date").The table below summarizes the splits.ETN TitleTicker SymbolSplit RatioSplit FactorCUSIPMicroSectorsTM FANG & Innovation 3× Leveraged ETNs due June 28, 2041BULZ10-for-110063679559MicroSectorsTM Gold 3× Leveraged ETNs due January 29, 2043SHNY10-for-110063679526MAX S&P 500® 4× Leveraged ETNs due November 30, 2043SPYU2-for-12063679567The closing Indicative Note Value of each series of ETNs on February 23, 2026 (the "Pay Date") will be divided by the applicable Split Factor to determine the split-adjusted closing Indicative Note Value of such ETNs. The number of ETNs outstanding at the close of trading on the Pay Date correspondingly will be multiplied by the applicable Split Factor to determine the adjusted number of ETNs outstanding as of the Ex-Date. The holders of the ETNs as of February 20, 2026 (the "Record Date") will see this change reflected on the Pay Date. The split will be effective at the open on the Ex-Date, and the ETNs will begin trading on the NYSE Arca on a split-adjusted basis on that date.Following the split, each series of ETNs will have the same CUSIP and will continue to trade under its current ticker symbol.Each split will affect the trading denominations of the applicable series of ETNs, but will not have any effect on the aggregate principal amount of such ETNs.Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the applicable ETN Prospectus (as defined below).Illustration of a SplitThe following table shows the effect of a hypothetical 10-for-1 split based on a hypothetical number of ETNs held and a hypothetical closing Indicative Note Value for the ETNs. The closing Indicative Note Value of an ETN is not the same as the trading price of such ETN.Number of ETNs HeldFull story available on Benzinga.com

TORONTO - Canada's main stock index fell on Thursday, weighed down by losses in the basic materials and technology sectors, while U.S. markets also fell.

Local business leaders, elected officials and others invested in the continued economic growth of Sampson County gathered together for a lunchtime meeting on Tuesday, the first event of the Sampson 360 initiative.

Artificial intelligence is often viewed as a catalyst for electrification and subsequently decarbonization. Yet one of its most immediate effects may be the opposite of what many assume. The rapid buildout of AI infrastructure is increasing demand for reliable power, and that reality could strengthen the role of natural gas and other dispatchable energy sources for many years. Investors focused on semiconductors and software valuations may be overlooking a key constraint. AI runs on electricity, and those electricity systems operate within physical...

Pacific Gas & Electric (NYSE:PCG – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.640-1.660 for the period, compared to the consensus EPS estimate of 1.630. The company issued revenue guidance of -. Pacific Gas & Electric Price Performance Shares of Pacific Gas & Electric stock [...]

Sphere Entertainment (NYSE:SPHR – Get Free Report) released its earnings results on Thursday. The company reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $1.35, FiscalAI reports. The business had revenue of $394.28 million for the quarter, compared to analyst estimates of $377.60 million. Sphere Entertainment had a negative [...]

Universal Entertainment (OTCMKTS:UETMF – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.71 earnings per share (EPS) for the quarter, Zacks reports. Universal Entertainment had a negative net margin of 5.30% and a positive return on equity of 14.42%. Universal Entertainment Stock Performance Shares of UETMF remained flat at $6.56 [...]

Despite the recent rout, many banks expect gold to resume its upward trend
The service issue comes as the the crypto giant is set to report earnings on Thursday.