Executives, directors and institutional investors made a string of disclosed UMB Financial Corp (NASDAQ:UMBF) transactions in filings and trading reports this week. CEO J. Mariner Kemper sold 15,214 shares on Feb. 2 at an average $128.59 (about $1.96 million) and also disposed of 3,500 shares the same day at roughly $129.06. Director Kevin Charles Gallagher sold 388 shares on Feb. 3 at $129.30. Offsetting insider sales, Director Greg Graves purchased 220 shares on Feb. 2 at about $127.83 and Director Tamara Peterman acquired 154 shares the same day. Separately, institutional filings show WCM Investment Management disclosed a new 183,800‑share stake (about $21.78 million) in a 13F report; Principal Financial trimmed its UMB holding by 25,605 shares in the third quarter and now holds roughly 751,277 shares (0.99%). UMBF shares traded near $128 this week, with a market cap around $9.7 billion; the bank reported quarterly EPS of $3.08 on Jan. 27 and recently declared a $0.43 quarterly dividend (ex‑dividend March 10). All transactions were disclosed in SEC filings or regulatory reports.

Atkore Inc. (NYSE: ATKR) reported fiscal Q1 2026 results on Feb. 3 that topped company outlooks, driven by modest volume gains and productivity improvements. Net sales were $655–656 million, adjusted EBITDA $69 million and adjusted EPS $0.83. Organic volume rose about 2% while average selling prices fell roughly 3%, largely reflecting weakness in PVC conduit. Management said price-cost headwinds were concentrated in the first half of the year and reiterated full-year guidance: adjusted EBITDA $340m–$360m and EPS $5.05–$5.55. The company generated more than $30 million of year-over-year productivity savings, completed a divestiture of its Tectron/TekTube mechanical tube line, and plans to exit three manufacturing facilities in coming quarters. Atkore also released its 2025 sustainability report and announced a quarterly dividend of $0.33. Following the results, analysts updated targets: Roth Capital lifted its target to $77 and Citigroup to $74 on Feb. 4. Shares traded around $70 following the announcements.

Canada’s Financial Consumer Agency (FCAC) has applied a $4-million penalty to the Bank of Montreal after finding the lender charged monthly fees that should have been waived or discounted. The FCAC says 101,091 customers were affected between 2010 and 2024, including newcomers, medical and dental students, Indigenous banking clients and participants in a home financing promotion. BMO issued refunds totalling more than $3 million (reported as $3,027,956.44) and made charitable payments of over $600,000 to cover amounts it could not return. The regulator noted more than 500 customer complaints about monthly fee changes and said the penalty reflects the bank’s negligence in preventing and detecting the error. BMO told media it proactively reimbursed customers and self-reported the issue to the FCAC; the bank paid the $4-million fine in April 2025 and the regulator published details in early February 2026. The ruling centres on disclosure and controls failures around discounted account plans and highlights consumer-protection scrutiny of retail banking practices in Canada.

E.l.f. Beauty reported stronger-than-expected third-quarter fiscal 2026 results on Feb. 4–5, 2026 for the period ended Dec. 31, 2025. Net sales rose 38% year-over-year to $489.5 million, driven by retailer and e-commerce growth across the U.S. and internationally. Adjusted net income was $74.5 million and adjusted diluted EPS beat estimates at $1.24 (consensus ~$0.72). Adjusted EBITDA climbed 79% to $123.0 million. Management said the Rhode acquisition contributed approximately $128 million to Q3 net sales and could add up to $265 million in net sales for the fiscal year. E.l.f. gained 130 basis points of market share and said Rhode’s Sephora U.K. launch set new records; Naturium expansion and a Super Bowl ad were noted as growth levers. The company raised fiscal 2026 net sales guidance to $1.60–1.612 billion and adjusted net income to $180–183 million. Cash stood at $196.8 million while long-term debt rose to $816.7 million; management flagged higher tariff exposure and supply-chain actions as headwinds.

India’s tax authority is moving to implement the Income‑tax Act, 2025 from April 1, 2026, and the Central Board of Direct Taxes (CBDT) plans to publish new forms, rules and detailed FAQs for stakeholder consultation within February, CBDT chairman Ravi Agrawal said. The administration is preparing guidance and presentations to ease the transition and has flagged a limited overlapping period when some transactions or filings will still follow the old Income‑tax Act, 1961. Adoption of the new personal tax regime has surged: roughly 86–88% of individual filers (ITR‑1 to ITR‑4) and about 97% of presumptive taxpayers have migrated, while about 60% of reported corporate income is under the new framework. Budget 2026 also introduces structural changes—MAT will be treated as final tax and the rate cut to 14% was proposed; STT on derivatives has been raised; TCS on overseas tour packages and some LRS remittances has been cut; and a string of compliance reforms were clarified in post‑Budget FAQs. Notable changes include an extended updated‑return window up to 48 months and stepped additional tax on late disclosures (rising to 70%, and up to 80% where an updated return follows a reassessment notice). Many offences were decriminalised and several penalties converted to fixed fees to reduce litigation.

Boot Barn Holdings Inc. reported robust third-quarter fiscal 2026 results on Feb. 4, beating expectations and raising full-year targets. Net sales rose 16% year‑over‑year to $705.6 million and diluted EPS was $2.79, topping consensus. Consolidated same‑store sales increased 5.7% (retail +3.7%; e‑commerce +19.6%), while gross profit climbed to $281.2 million and gross margin widened to 39.9% driven by a 110‑basis‑point merchandise‑margin gain and a 240‑basis‑point lift in exclusive‑brand penetration. The company opened a record 25 stores in the quarter, taking the network to 514, and reiterated aggressive new‑store growth plans. Management raised fiscal‑2026 guidance to roughly $2.24–$2.25 billion in sales and $7.25–$7.35 in EPS, and set Q4 EPS guidance at $1.35–$1.45 (revenues $525–$535 million). Near‑term headwinds include a roughly $5 million revenue hit from winter storms and higher inventory (up about 17% to ~$805 million); management flagged a modest Q4 merchandise‑margin normalization. Shares traded higher and institutional buying, including Principal Financial, increased exposure.

ATS Corporation reported fiscal third-quarter results on Feb. 4, 2026 showing broad revenue growth alongside margin headwinds as new CEO Doug Wright led his first earnings call. Revenue rose 16.7% year-on-year to about $761 million, driven by 12.6% organic growth and favourable FX, while order bookings were $821 million and trailing-12-month book-to-bill ended the quarter at roughly 1.06x. Adjusted earnings from operations were $79.9 million and adjusted EPS was $0.48; GAAP net income for the quarter was reported at $30.0 million. Gross margin declined to 29.6% (down ~111 basis points) largely because of program mix and timing. Order backlog stood at roughly $2.05–2.1 billion, with life sciences (quarterly revenue $391 million; backlog ~$1.1 billion) and a record energy backlog (CAD 296 million) highlighted as key growth areas. Management disclosed restructuring costs (about CAD 20 million total expected), a net-debt-to-adjusted-EBITDA ratio near 3x, and plans to embed services into operating units to boost recurring revenue. CFO Ryan McLeod will leave Feb. 15; Anne Cybulski will serve as interim CFO.

Aflac Inc. reported fourth-quarter 2025 results showing mixed operational and financial trends. Adjusted earnings per diluted share rose slightly to $1.57, but adjusted earnings fell 5.4% year-over-year to $818 million; GAAP net earnings were $1.4 billion. Total fourth-quarter revenue was $4.9 billion. The company recorded $537 million of net investment gains in the quarter and said variable investment income ran about $12 million below long‑term expectations. Segment performance diverged: Aflac Japan saw net earned premiums down about 1.9% (¥252.6 billion) with solid persistency and favorable benefit trends, while Aflac U.S. premiums increased ~4% but experienced a higher benefit ratio. Adjusted ROE was 11.7% (14.5% excluding foreign‑currency remeasurement). Shareholders’ equity rose to $29.5 billion. Management reiterated capital deployment through dividends and buybacks; a quarterly dividend of $0.61 per share was announced (payable March 2). The company flagged foreign exchange, lower floating‑rate income and reserve remeasurements as notable drivers. Aflac will present at the UBS Financial Services Conference on Feb. 11 and plans to provide additional investor commentary on strategy and outlook.

Adient PLC reported a solid start to fiscal 2026 on Feb. 4, posting Q1 revenue of about $3.6 billion (up ~4% year‑on‑year) and adjusted EBITDA of $207 million (5.7% margin). On an adjusted basis the company recorded net income of $28 million, or $0.35 per share; GAAP results showed a $22 million loss driven by a one‑time non‑U.S. tax settlement. Management cited temporary disruptions in the quarter (Novelis fire, Nexperia shortage, JLR production) but stronger China volumes and FX tailwinds. Adient raised full‑year guidance to roughly $14.6 billion in revenue, $880 million in adjusted EBITDA and $125 million in free cash flow. Cash on hand was $855 million, free cash flow in Q1 was $15 million, and the company repurchased $25 million of stock. Management highlighted a $500 million onshoring/conquest pipeline (approximately $300 million expected to impact FY2027 and full $500 million by FY2028), continued product launches and ModuTec modular manufacturing plans, while Europe remains challenged by volume pressures and restructuring spend.

Weatherford International reported stronger-than-expected fourth-quarter and full-year 2025 results in filings and an earnings call in early February 2026. Q4 revenue was $1.289 billion, up 5% sequentially, with adjusted EBITDA of $291 million and a 22.6% margin. Fourth-quarter adjusted free cash flow was $222 million; full-year adjusted free cash flow was $466 million. The company posted diluted EPS of $1.91, beating estimates, and returned $173 million to shareholders in 2025 through dividends and buybacks. Management highlighted regional divergence: Latin America led growth (Q4 +16%), Middle East/North Africa/Asia rose ~4%, North America saw modest gains driven by Canada and offshore, while Europe/Sub‑Saharan Africa and Russia declined. Mexico revenue fell sharply in 2025 but management said activity and collections stabilized in H2. Weatherford reduced gross debt by $161 million, trimmed its workforce by around 2,000, upsized its revolving credit facility to $1 billion and reported net leverage near 0.42x. The board approved a 10% dividend increase to $0.275 quarterly. 2026 guidance targets revenue of $4.6–$5.05 billion, adjusted EBITDA of $980 million–$1.12 billion and CapEx of $190–$230 million, with management warning of a softer first half and pickup in the back half of the year.

The Justice Department in early February 2026 charged four Massachusetts residents in a multistate fraud scheme that federal prosecutors say stole roughly $1.1 million in Supplemental Nutrition Assistance Program (SNAP) benefits and about $700,000 in pandemic unemployment assistance (PUA). Authorities allege Joel Vicioso Fernandez (42) and Raul Fernandez Vicioso (37) of Fitchburg, and Venezuelan nationals Roman Vequiz Fernandez (32) and Coralba Albarracin Siniva (24) of Leominster used about 115 stolen identities — representing roughly 24 households and more than 100 named individuals, including children — to apply for SNAP in Massachusetts and Rhode Island and for PUA in six states. Investigators say SNAP benefits were used to buy bulk food supplies for El Primo Restaurant, operated by Raul Fernandez Vicioso, which then sold menu items for profit; some proceeds were allegedly wired to recipients in Venezuela and the Dominican Republic. Searches recovered fraudulently obtained EBT cards, counterfeit documents, printed ledgers and handwritten lists of identities. All four face charges of conspiracy to use, transfer, acquire and possess SNAP benefits; Raul faces additional wire fraud and money-laundering allegations.

India will deploy bond switches, buybacks and open market operations to prevent record government borrowing from unsettling markets in the fiscal year beginning April, Economic Affairs Secretary Anuradha Thakur said on Feb. 4, 2026. Investors expect about 30 trillion rupees ($332 billion) of federal and state debt supply next year, while the government announced a record 17.2 trillion-rupee gross borrowing programme for 2026-27 and net borrowing of 11.73 trillion rupees, up from 11.33 trillion rupees this year. The finance ministry has set a 2.5 trillion-rupee target for bond switches. Thakur said the borrowing calendar, managed by the Reserve Bank of India, will be calibrated to keep rates competitive and markets “not disturbed.” She also noted that uncertainty around a U.S.-India trade deal has ended, boosting foreign portfolio investment sentiment and supporting the rupee. The comments follow volatility in benchmark yields, which jumped on budget day before easing after the trade deal announcement. Authorities aim to balance heavy debt supply with steps to limit upward pressure on yields and preserve liquidity.

Keppel on Feb. 5 announced that Piyush Gupta will succeed Danny Teoh as non-executive chairman and independent director from April 17, following the company’s annual general meeting when Mr Teoh will retire. Gupta, 66, has served as Keppel’s deputy chairman and non-executive independent director since July 2025 and will continue on the nominating, remuneration and board sustainability and safety committees. The appointment comes as Keppel completes a strategic shift from an industrial conglomerate to an asset-light global asset manager focused on infrastructure, real estate and connectivity. Keppel reported a 29% rise in full-year profit from continuing operations to S$1.02 billion for FY2025, declared an unchanged final dividend of 19 cents and a special dividend of 13 cents funded by S$2.9 billion of divestments in 2025. The board will comprise eight directors after Teoh’s retirement, seven of them independent. The company highlighted strong shareholder returns under Teoh’s tenure, with shares more than tripling and total shareholder returns of 288.9% from 2022 to end-2025.

New data from the Federal Reserve Bank of New York show widening spending divergence in the United States that reinforces a “K‑shaped” recovery. The Fed’s economic heterogeneity indicators, using monthly retail‑goods data from analytics firm Numerator covering 200,000 consumers from January 2023 through December 2025, found inflation‑adjusted retail spending rose about 6% for households with a college degree versus roughly 4% for those without. Higher‑income households (annual income above $125,000) increased spending by about 2.3% since 2023, while middle‑income households rose 1.6% and those under $40,000 rose 0.9%. The report also notes that lower‑income and rural households faced higher inflation in late 2025. College‑educated households continued to boost consumption through 2025 despite a softer white‑collar labor market and job cuts in tech and other sectors. The findings underline that consumption — a primary engine of U.S. growth — is increasingly concentrated among wealthier and more educated Americans, while lower‑income groups lag behind.

Multiple entities affiliated with Longitude Capital conducted a sequence of disclosed share sales in Rapid Micro Biosystems, Inc. (NASDAQ:RPID) between Jan. 23 and Feb. 3, 2026. Filings show combined disposals of roughly 108,739 shares across transactions dated Jan. 23 (7,739 shares), Jan. 30 (46,000), Feb. 2 (27,500) and Feb. 3 (27,500), for gross proceeds of about $474,000. Despite the sales, Longitude-linked holders continue to hold multimillion-share positions. Rapid Micro Biosystems, a U.S.-listed life‑sciences equipment company, has recently reported mixed results and remains unprofitable; its most‑recent quarter matched EPS estimates at ($0.26) while revenue metrics have varied in reporting, and analysts carry a consensus “moderate buy” rating with an average target near $8.00. RPID traded around $4.35 in early February, with a market capitalisation near $193 million and a 52-week range of roughly $1.86–$4.94.

Fabrinet Ltd. (NYSE: FN) reported record fiscal Q2 results on Feb. 2, 2026, delivering revenue of $1.13 billion, up about 36% year‑over‑year, and non‑GAAP EPS of $3.36, beating Street estimates. Management guided Q3 revenue to $1.15–$1.20 billion and EPS to $3.45–$3.60. Telecom revenue jumped to $554 million (+59% Y/Y) and high‑performance computing (HPC) products reached $86 million as new production lines ramped; datacom revenue showed a modest sequential uptick but was down year‑on‑year. Fabrinet disclosed $961 million in cash and short‑term investments, operating cash flow of $46 million and capital expenditures of $52 million, resulting in a small free cash flow outflow. The company is expanding capacity with a large new facility due late 2026. Despite the beat, FN shares gapped down and fell sharply in early February amid profit‑taking, concern over cash flow and rising capex, and visible insider selling. Several brokerages updated ratings and price targets in the Feb. 3–4 cycle, including Wolfe Research’s upgrade to outperform and multiple target increases from Barclays, Rosenblatt and Needham.

Bunnings Warehouse, Australia’s largest hardware retailer, has begun selling flat‑pack modular homes through a partnership with Melbourne start‑up Elsewhere Pods. The range includes a 2.7m by 2.4m pod priced from A$26,100 and a 4m by 2.4m studio for A$42,900. Delivered as prefabricated panels with insulation and eaves, the units can be assembled in as little as two days and are marketed for uses such as home offices, guest accommodation, crisis housing and short‑term rentals. Bunnings lists the products online and via its Special Orders desk after announcing the tie‑up in September and rolling out the range in recent weeks; Elsewhere Pods says it has recorded more than A$9 million in sales. Some designs may not trigger full building or planning approvals in certain council areas, though rules vary by state and local government. Industry analysts forecast the prefabricated buildings market to grow about 7% annually to roughly A$18 billion by 2030, and major lenders have shown growing support for prefab construction.

Multiple media reports on Feb. 3–4, 2026 say an Abu Dhabi-linked investment vehicle tied to Sheikh Tahnoon bin Zayed Al Nahyan agreed to buy a 49% stake in World Liberty Financial (WLFI), a crypto firm linked to former President Donald Trump’s family, for $500 million days before Trump’s January inauguration. Documents cited by the Wall Street Journal and other outlets say half the deal was paid up front, with about $187 million routed to Trump-affiliated entities and $31 million to associates. The investment came before the White House approved expanded UAE access to hundreds of thousands of advanced Nvidia AI chips, prompting concerns among lawmakers and national security experts about foreign influence and potential technology transfer to China. Senators including Chris Murphy and Elizabeth Warren have urged investigations; the White House and Trump have denied he was involved. WLFI and related transactions involving a USD1 stablecoin and MGX have also been highlighted in reporting.

Netgear Inc. (NTGR) reported a stronger fiscal 2025 finish but flagged near-term headwinds. The company posted fourth-quarter revenue of $182.5 million and full-year net revenue of $699.6 million, its first annual revenue growth since 2020. Netgear delivered record non-GAAP gross margins (41.2% in Q4) and produced its first full-year non-GAAP operating profit since 2021 ($5.9 million). Enterprise sales were the growth engine, rising double-digits and representing roughly 49% of revenue, while consumer and service-provider sales declined. Management highlighted software and Pro AV initiatives, acquisitions of two software teams, ARR of about $40.4 million and 558,000 recurring subscribers. The company ended the quarter with $323 million in cash and repurchased $15 million of shares. However, Netgear forecast first-quarter revenue of $145 million–$160 million, citing an expected sharp drop in Service Provider revenue to roughly $20 million—about a 35% year-over-year fall—partly attributed to a U.S. government shutdown. Management also signalled modest expense reductions and small-scale restructuring to support its strategic shift toward higher-margin enterprise and subscription revenue.

A10 Networks Inc. reported record fourth-quarter and full-year 2025 results and issued guidance for fiscal 2026. Q4 revenue was $80.4 million and full-year revenue reached $290.6 million, up 11% year‑on‑year. Non‑GAAP fourth‑quarter EPS was $0.26 and full‑year non‑GAAP net income was $66.3 million (non‑GAAP EPS $0.90); GAAP net income for 2025 was $42.1 million. The company delivered record adjusted EBITDA of $86.0 million (29.6% of revenue) and non‑GAAP gross margins around 80.6–80.8%. A10 returned $86.3 million to shareholders in 2025 via $68.9 million of share repurchases and $17.4 million in dividends, and ended the year with about $378 million in cash and equivalents. Management set FY2026 guidance for revenue growth of roughly 10–12%, non‑GAAP gross margins of 80–82% and EPS of $0.640–$0.650, while noting risks including APJ regional weakness and supply‑chain pressures. Shares traded near $17.49 following results; institutional ownership remains high (about 98.6%).

Corpay Inc. (NYSE: CPAY) reported stronger-than-expected fourth-quarter and full-year 2025 results and set a bullish outlook for 2026 while agreeing to divest a non-core asset. Q4 revenue rose 21% to $1.248 billion and GAAP net income climbed to $264.5 million; adjusted Q4 EPS was $6.04. For full-year 2025, revenue reached $4.5 billion and adjusted net income per diluted share was $21.38. Management announced a 2026 guidance range of $25.50–$26.50 adjusted EPS and forecasted ~10% organic revenue growth, with first-quarter adjusted EPS guidance around $5.38–$5.52. Corpay said it repurchased $782 million of stock in 2025, including 1.7 million shares for $500 million in Q4. Separately, Corpay signed a definitive agreement to sell PayByPhone, its mobile parking business, to Lightyear Capital; the transaction is expected to close in Q2 2026 and is not expected to materially affect 2026 cash EPS. The company emphasized a strategic rotation toward corporate payments, supported by recent acquisitions and investments.