From strategic real estate power moves in Paya Lebar to a dramatic retreat in the streaming wars, this week’s market landscape is shifting rapidly. We dive into a billion-dollar REIT debut, dissect how valuation swings impacted a major accommodation provider, and analyze Wilmar’s resilient earnings despite a cautious dividend. Welcome to this week’s brief on the latest corporate shifts and investment opportunities.Lendlease Reit’s PLQ Mall AcquisitionLendlease Global Commercial REIT (SGX: JYEU), or LREIT is ...

Prior to Scoular, Mr. Maass served as President of the Commercial Foods and Private Brands segments for Conagra Brands. During his tenure, he also played a key role in the creation of Ardent Mills, ConAgra's milling joint venture with Cargill and CHS Inc., and served as Chairman of its Board of Directors. He currently serves on the Board of Directors of the Federal Reserve Bank of Kansas City, Lamb Weston Holdings, Inc. and holds numerous civic and advisory board roles across business, education, and commun ...

Bunge Global SA (NYSE:BG) is one of the best sugar stocks to buy according to hedge funds. Bunge Global SA (NYSE:BG) received several rating updates by analysts on February 5. JPMorgan lifted the price target on the stock to $130 from $117 and maintained an Overweight rating on the shares. UBS also raised the price target on Bunge Global SA (NYSE:BG) to $145 from $108, reaffirming a Buy rating on the stock and telling investors that the company reported a fiscal Q4 earnings beat and provided conservative g ...

Core Insights - The company is focused on profitable growth in both Agribusiness and renewables, with significant investments planned for 2026 [2][14] - The fourth quarter of 2025 saw record earnings per share (EPS) and strong operational performance, particularly in the renewables segment [4][5] - The company anticipates improved financial results in Agribusiness for 2026, driven by better market conditions and strong demand for ethanol [14][15] Financial Performance - In Q4 2025, the company reported net income of $67 million or $1.97 per diluted share, an increase from $47 million or $1.36 per diluted share in Q4 2024 [5] - Gross profit for Q4 2025 was $231 million, an 8% increase year-over-year, primarily due to higher volumes and margins in renewables [5][6] - Full-year gross profit reached $714 million, a 3% increase, with adjusted EBITDA for Q4 at $137 million compared to $117 million in 2024 [6][7] Agribusiness Segment - Agribusiness reported Q4 pretax income of $46 million, down from $56 million in 2024, with challenges in merchandising due to well-supplied grain markets [10][11] - The segment's adjusted EBITDA for Q4 was $80 million, compared to $88 million in 2024, reflecting the impact of a large harvest and favorable grain acquisition [11][12] - The company expects basis appreciation in the Western footprint and continued sorghum exports into 2026 [15][16] Renewables Segment - The renewables segment generated Q4 pretax income of $54 million, significantly up from $17 million in 2024, driven by full ownership of ethanol plants [12][13] - Ethanol production reached record levels, with board crush margins increasing by $0.15 per gallon year-over-year [12] - Adjusted EBITDA for renewables in Q4 was $69 million, compared to $41 million in the same quarter of 2024 [12] Strategic Outlook - The company plans to complete several large capital projects in 2026, enhancing operational efficiency and product handling capabilities [17][19] - There is optimism regarding the domestic demand for ethanol and related products, supported by favorable biofuels policies [18][20] - The company is well-positioned to serve customers with crop inputs and expects to maintain a strong balance sheet to support future growth [20]

Core Insights - The company reported a record level of earnings per share in the fourth quarter, driven by strong performance in renewables and effective execution in agribusiness [4][7] - Full-year adjusted EBITDA decreased to $337 million from $363 million in 2024, while quarterly adjusted EBITDA improved to $137 million from $117 million year-over-year [1][3] Financial Performance - Fourth-quarter gross profit increased by 8% year-over-year to $231 million, attributed to higher volume and margins in renewables and the acquisition of Skyland Grain [2] - Net income for the fourth quarter was $67 million, or $1.97 per diluted share, with adjusted net income rising to $70 million, or $2.04 per diluted share, compared to $47 million, or $1.36 per diluted share, in the same quarter of 2024 [3][7] - Cash flow from operations before changes in working capital was $110 million in the fourth quarter, up from $100 million a year earlier, while full-year cash flow was $278 million, down from $323 million in 2024 [8] Segment Performance - Agribusiness reported fourth-quarter pre-tax income of $46 million, down from $56 million in 2024, with adjusted EBITDA of $80 million compared to $88 million a year ago [11][13] - Renewables generated fourth-quarter pre-tax income of $54 million, significantly up from $17 million in the same quarter of 2024, with renewables EBITDA reaching $69 million, up from $41 million [6][15] Strategic Initiatives - The company outlined growth projects, including a 30 million gallon expansion in Climer, Indiana, and upgrades at the Port of Houston, with expectations for improved agribusiness results and strong ethanol demand in 2026 [5][16] - Management emphasized a commitment to profitable growth in both agribusiness and renewables, with plans for additional investments and infrastructure improvements [16][17] Market Outlook - The company anticipates better financial results in agribusiness for 2026, driven by more certainty in global grain markets and strong demand for ethanol [17][20] - Long-term targets were updated, with expectations to exit 2026 with run-rate EPS above $4.30 and a long-range target of $7 by the end of 2028 [21]

Earnings Call FOURTH QUARTER 2025 February 18, 2026 Q1'25 EARNINGS PRESENTATION Safe Harbor and Non-GAAP Financial Measures Certain information discussed today constitutes forward-looking statements. Actual results could differ materially from those presented in the forward-looking statements as a result of many factors including general economic, weather, and regulatory conditions, competition, geopolitical risk, and additional factors that are described in the company's publicly-filed documents, including ...

Core Insights - AB Akola Group's consolidated revenues for the first half of the financial year 2025/2026 reached EUR 754 million, a 1% decrease compared to the same period last year, despite a 7% increase in product sales volume to 1,673 thousand tons [1][2] - The group reported a gross profit increase of 12% to EUR 92 million and an operating profit increase of 3% to EUR 30 million, with EBITDA rising by 8% to EUR 47 million and net profit increasing by 2% to EUR 20 million [1][2] Financial Performance - Total trading volume increased by 6.3% from 1,574,232 tons in 2024/2025 to 1,672,867 tons in 2025/2026 [2] - Revenue decreased from EUR 761.7 million in 2024/2025 to EUR 753.6 million in 2025/2026, a decline of 1.1% [2] - Gross profit rose from EUR 82.5 million to EUR 92.2 million, an increase of 11.8% [2] - EBITDA increased from EUR 43.8 million to EUR 47.5 million, an 8.3% rise [2] - Operating profit grew from EUR 28.8 million to EUR 29.6 million, a 3% increase [2] - Net profit increased from EUR 19.2 million to EUR 19.5 million, a 1.9% rise [2] Segment Performance Partners for Farmers - Revenue for the Partners for Farmers segment decreased by 6.8% to EUR 518.9 million, with gross profit declining by 2.5% to EUR 36.9 million and operating profit down by 65.6% to EUR 2.7 million [5] - The segment faced challenges due to anti-dumping duties, price volatility, and adverse weather conditions affecting grain quality [3][4] Food Production - The Food Production segment generated EUR 241 million in revenue, a 12% increase year-on-year, with gross profit rising by 25.6% to EUR 50 million and operating profit increasing by 43.3% to EUR 27.8 million [6][8] - Poultry operations showed moderate growth, while instant foods experienced strong growth due to improved operational efficiency [7] Farming - The Farming segment reported EUR 26 million in revenue, with gross profit of EUR 3 million and operating profit of EUR 0.5 million [9][10] - Crop production volumes increased, but lower grain prices negatively impacted revenue [9] Other Products and Services - This segment generated EUR 11 million in revenue, with gross profit of EUR 2 million and an operating loss of EUR 1.4 million [11][12] - Despite revenue growth, margin pressures were evident due to increased operating costs and a higher share of lower-margin volumes [11] Company Overview - AB Akola Group is the largest agribusiness and food production group in the Baltics, employing over 5,000 people and operating across the entire food production chain [12]

Core Viewpoint - Bunge Global SA has shown significant stock performance, outperforming the broader market and demonstrating strong financial results, driven by strategic integration and operational efficiencies. Group 1: Company Overview - Bunge Global SA, based in Chesterfield, Missouri, operates as an agribusiness and food company, producing plant-based oils, fats, and protein, with a market cap of $23.7 billion [1] - The company's products serve various applications, including animal feed, cooking oils, bakery and confectionery, dairy fat alternatives, plant-based meat, and infant nutrition [1] Group 2: Stock Performance - Bunge Global's shares have gained 75.6% over the past year, significantly outperforming the S&P 500 Index, which increased by 11.8% [2] - Year-to-date (YTD) performance for Bunge Global shows a 37.6% increase, while the S&P 500 has experienced a slight decline [2] - Compared to the VanEck Agribusiness ETF, which gained 26.8% over the past year, Bunge Global's YTD returns also exceed the ETF's 17.2% gains [3] Group 3: Financial Results - In Q4, Bunge Global reported an adjusted EPS of $1.99, surpassing Wall Street expectations of $1.82, with total revenue of $23.8 billion [7] - The company anticipates full-year adjusted EPS between $7.50 and $8, with analysts projecting a 7% growth to $8.10 for fiscal 2026 [7] - Bunge Global has consistently beaten consensus estimates in the last four quarters, indicating strong earnings performance [7] Group 4: Analyst Ratings - Among 10 analysts covering Bunge Global, the consensus rating is a "Strong Buy," with eight "Strong Buy" ratings, one "Moderate Buy," and one "Hold" [8] - A slight decrease in bullish sentiment was noted, with nine analysts previously suggesting a "Strong Buy" [9] - Morgan Stanley analyst Steven Haynes maintains a "Buy" rating with a price target of $130, indicating a potential upside of 6.1% from current levels [9]

As filed with the U.S. Securities and Exchange Commission on February 13, 2026. Registration No. 333-291080 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ––––––––––––––––––––––––––––––––––––––– Brava Acquisition Corp. (Exact name of registrant as specified in its charter) ––––––––––––––––––––––––––––––––––––––– | Cayman Islands | | --- | | 6770 | | N/A | (State or other jurisdiction of incorporation ...

Core Viewpoint - The Andersons, Inc. is recognized as a strong investment opportunity, particularly due to its growing ethanol business and easing challenges in its Agribusiness segment, with a positive long-term growth outlook [2][3]. Group 1: Company Overview - The Andersons, Inc. operates in diversified sectors including Agribusiness and Renewables, with activities in commodity merchandising, grain terminal operations, and the production and distribution of plant nutrient products [4]. Group 2: Analyst Coverage and Growth Projections - Benchmark analyst Benjamin Klieve initiated coverage with a Buy rating and a price target of $75, citing strong momentum in the ethanol business and high visibility into future growth [2]. - The company aims for a run-rate of $7.00 in earnings per share by the end of 2028, indicating a 36% compounded annual growth rate from $2.56 per share over the trailing twelve months ending September 30, 2025 [2]. Group 3: Strategic Investments - A significant $60 million investment is planned for the Clymers, Indiana ethanol plant, expected to add 30 million gallons of ethanol capacity by mid-2027 [3]. - The expansion of the export terminal at the Port of Houston is also underway, set for completion in 2026, which will enhance soybean meal exports and improve western grain export efficiency [3].