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What Is Fat Tuesday? Date, Meaning and Celebrations Ahead of Lent

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10 Surprising Valentine's Day Fun Facts for 2026

Fat Tuesday, also widely known as Mardi Gras, falls on Tuesday, Feb. 17, 2026, marking the culmination of the Carnival season and the final day of indulgence before the solemn 40-day period of Lent begins on Ash Wednesday, Feb. 18.

The date shifts annually because it is tied to the movable feast of Easter, calculated as the first Sunday after the first full moon following the spring equinox. In 2026, Easter Sunday lands on April 5, placing Ash Wednesday exactly 46 days earlier and Fat Tuesday the day before that. This year’s celebration coincides with Lunar New Year on Feb. 17, creating an unusual overlap of major cultural and religious observances.

Fat Tuesday derives its name from the French “Mardi Gras,” literally “Fat Tuesday,” referring to the tradition of consuming rich, fatty foods — especially those containing meat, dairy and eggs — before the Lenten fast that prohibits such items for many Christians. The day is also called Shrove Tuesday in some traditions, from the old English practice of being “shriven” or confessed before Lent, and Pancake Tuesday in parts of the United Kingdom and

Commonwealth nations, where people traditionally eat pancakes to use up rich ingredients.
The roots of Fat Tuesday trace back to pre-Christian spring festivals that celebrated fertility and renewal, later incorporated into Christian observances. By the Middle Ages, the custom had evolved into a day of feasting and revelry across Europe to clear pantries of forbidden foods ahead of Lent’s austerity. French colonists brought the tradition to the Americas in the 17th and 18th centuries, where it flourished particularly in New Orleans.

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In the United States, Mardi Gras is synonymous with New Orleans, where Carnival season officially begins on Epiphany, or King’s Day, on Jan. 6 — the date the Magi visited the infant Jesus. The 2026 season runs from Jan. 6 to Feb. 17, featuring hundreds of parades organized by krewes (social clubs), elaborate floats, marching bands, throws of beads, doubloons, cups and MoonPies, and masked balls.

Major 2026 parades in New Orleans include longstanding favorites like Endymion on Feb. 14 (Saturday before Fat Tuesday), Bacchus on Feb. 15 and Zulu and Rex on Fat Tuesday itself. Zulu, founded in 1909 as one of the first Black krewes, features signature coconut throws and a unique satirical style, while Rex, the “King of Carnival,” dates to 1872 and represents the pinnacle of old-line Mardi Gras tradition.

Beyond New Orleans, Fat Tuesday celebrations thrive in other Gulf Coast cities. Mobile, Alabama — often called the birthplace of American Mardi Gras, with roots in 1703 — hosts over 40 parades from late January through Feb. 17, 2026, including the Order of Athena, Knights of Revelry and Comic Cowboys. Galveston, Texas, runs events from Feb. 6-17, featuring block parties and themed parades. Lafayette and Baton Rouge in Louisiana also feature vibrant community parades and king cake parties.

King cake, a cinnamon-swirled pastry decorated in purple, green and gold — the official Mardi Gras colors symbolizing justice, faith and power — is a staple of the season. A small plastic baby figurine is baked inside, and whoever finds it in their slice hosts the next party or provides the next cake.

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Globally, Fat Tuesday takes different forms. In Brazil, it aligns with Carnival in Rio de Janeiro, featuring samba parades and street parties. In Germany, it’s Fasching or Karneval, with costume balls. In Poland, the related “Fat Thursday” (Tłusty Czwartek) features pączki (filled doughnuts) a week earlier. In Sweden and Finland, semla buns mark the day.

For many Christians, particularly Catholics, Orthodox and some Protestants, Fat Tuesday represents a final opportunity for merrymaking before Lent’s focus on prayer, fasting and almsgiving. The Lenten fast traditionally involves abstaining from meat on Fridays and limiting indulgences, though practices vary by denomination and individual.

In 2026, the holiday arrives amid typical winter weather challenges in the South, but forecasts suggest mild conditions for parades. Public health officials continue to emphasize crowd safety, hydration and responsible celebration following lessons from past years.

Fat Tuesday’s cultural significance extends beyond religion. It serves as a communal release valve, a celebration of excess in a society often marked by restraint, and a showcase of local heritage through music, food and pageantry. New Orleans’ economy benefits enormously, with millions of visitors boosting tourism revenue during the season.
As Feb. 17 approaches, preparations are in full swing. Krewe members finalize costumes, float builders add finishing touches, and bakeries produce thousands of king cakes.

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Whether in the streets of New Orleans, Mobile or quieter observances at home with pancakes and family, Fat Tuesday 2026 invites people to feast, forgive and prepare for reflection.

The day reminds observers that joy and discipline coexist in faith and culture. After the last bead is caught and the final float rolls by, Ash Wednesday dawns with the sign of the cross in ashes and the words, “Remember you are dust, and to dust you shall return.”

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Porvair plc 2025 Q4 – Results – Earnings Call Presentation (OTCMKTS:PVARF) 2026-02-16

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Santos’ secrecy claims challenged in Newcrest's Telfer gas action

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Santos’ secrecy claims challenged in Newcrest's Telfer gas action

The Supreme Court has been asked to reveal details of a secrecy-stricken legal battle between Santos and Newcrest over a gas contract for the Telfer mining operation.

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Mercedes-Benz Group AG (BENZ:CA) Q4 2025 Earnings Call Prepared Remarks Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Mercedes-Benz Group AG (BENZ:CA) Q4 2025 Earnings Call February 12, 2026 2:00 AM EST

Company Participants

Christina Schenck – VP, Head of Investor Relations & Treasury
Willem Spelten
Ola Kallenius – Chairman of the Management Board & CEO
Harald Wilhelm – Head of Finance & Controlling and Member of the Management Board
Oliver Thone – Head of Greater China & Member of Management Board

Presentation

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Christina Schenck
VP, Head of Investor Relations & Treasury

Good morning, ladies and gentlemen, and welcome to the Annual Results Conference 2025 of Mercedes-Benz. We welcome our guests here on site with us in indigen and those of you joining us via the live stream. My name is Cristina Schenk, and I’m responsible for Investor Relations, digital and communications.

Willem Spelten

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Good morning, everybody, also from my side. My name is Willem Spelten, I’m heading Corporate Communications at Mercedes-Benz. Thank you very much for joining us today for this event to reflect on the past year as well as to take an outlook on the years to come here on site [indiscernible] as well as on the live stream. We have a 4-hour program ahead of us, divided into 3 parts: the annual results conference at capital market update and of course, a Q&A. [Operator Instructions]

And we will now start with the first part, the actual annual results conference and our CEO, Ola Kallenius.

Ola Kallenius
Chairman of the Management Board & CEO

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Good morning, everybody, and welcome to this 2026 annual results conference. We’re looking forward to sharing with you today our numbers and what happened at Mercedes-Benz in 2025. But right after this first presentation, more importantly, what’s our game plan? What are we doing? And how do we see the next year for Mercedes-Benz develop?

But if we start by reflecting a bit on

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Shares edge up in thinly-traded Asian holiday markets

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Shares edge up in thinly-traded Asian holiday markets

World shares steadied have steadied after Friday’s drop triggered by AI-related ‌concerns as the Lunar New Year holiday in Asia and President’s Day in the US made for thin trading.

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X4 Pharmaceuticals, Inc. (XFOR) Presents at Guggenheim Securities Emerging Outlook: Biotech Summit 2026 Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

X4 Pharmaceuticals, Inc. (XFOR) Guggenheim Securities Emerging Outlook: Biotech Summit 2026 February 12, 2026 12:30 PM EST

Company Participants

Adam Craig – Executive Chair

Conference Call Participants

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Michael Schmidt – Guggenheim Securities, LLC, Research Division

Presentation

Michael Schmidt
Guggenheim Securities, LLC, Research Division

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All right. So welcome to this fireside chat with X4 Pharmaceuticals. I’m Michael Schmidt, Senior Biotech Analyst with Guggenheim. And it’s my great pleasure to welcome Adam Craig, Executive Chair of X4 Pharmaceuticals. Adam, thanks for joining us today.

Adam Craig
Executive Chair

Thank you, Michael. Thanks for having us.

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Question-and-Answer Session

Michael Schmidt
Guggenheim Securities, LLC, Research Division

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So maybe just starting off with a high-level question. So you and the management team have been in place now for about 6 months or so at X4 Therapeutics. Maybe just remind us of your broader vision for the company and what you’re trying to accomplish.

Adam Craig
Executive Chair

What we’re trying to accomplish is being a leading company in the development of new therapies for patients with rare blood disorders. What we’re focused on at the moment is the development of our compound mavorixafor for chronic neutropenia for patients who have low white counts and are very exposed to infections.

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Over the last 6 months, we spent a lot of time focusing the team on that goal. We’ve reduced costs. We’ve reduced headcount, and we’ve really become a company that’s focused on completing our Phase III trial successfully so that we can bring that new indication to patients.

Michael Schmidt
Guggenheim Securities, LLC, Research Division

Okay. Yes. Maybe then a few questions about mavorixafor. So this therapy targets CXCR4, which has been shown to have bone marrow mobilizing effects. And so yes, maybe remind us what is the value proposition of mavorixafor relative to other CXCR4 inhibitors or antagonists that — and also G-CSF, which

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Treasury Wine pauses dividend after large writedown on US business

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Treasury Wine’s first-half profit halves, interim dividend suspended


Treasury Wine pauses dividend after large writedown on US business

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Tax refunds are over 10% larger on average so far this tax filing season

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Tax refunds are over 10% larger on average so far this tax filing season

Americans are receiving larger tax refunds on average in the 2026 filing season than last year, though taxpayers are filing at a slower pace in the first few weeks than they were a year ago.

The latest IRS tax filing data was released by the agency on Friday and showed that as of Feb. 6, the average tax refund amount paid to taxpayers was $2,290.

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That represents an increase of 10.9% when compared with the average size of refunds paid at the same stage of the 2025 tax filing season, when the average refund amount was $2,065.

Over 7.4 million refunds have been issued as of Feb. 6, down 8.1% from the same time last year when nearly 8.1 million were disbursed to taxpayers.

HERE’S WHEN TAXPAYERS WILL GET THEIR REFUNDS

IRS tax form

Average tax refunds paid to Americans are up over 10% so far this filing season, the IRS reported. (Michael Bocchieri/Getty Images)

While the number of refunds has declined, the total amount refunded has risen 1.9% from nearly $16.7 billion to almost $17 billion, which helped boost the size of the average refund.

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IRS data also showed that the average direct deposit refund rose by a similar amount when compared with this point of last year’s tax filing season, as the average direct deposit refund for the current year is $2,388 – up 10.3% from $2,165 at this time a year ago.

While refunds are rising thus far in the 2026 filing season when compared with a year ago, the number of tax returns received and processed has declined relative to last year.

TAX FILING SEASON IS OFFICIALLY HERE: WHAT YOU NEED TO KNOW

IRS headquarters

The IRS reported Americans are filing tax returns at a slower pace so far this filing season. (J. David Ake/Getty Images)

The IRS reported that it has received nearly 22.4 million returns as of Feb. 6, a decrease of 5.2% from last year when almost 23.6 million returns were received at the same stage of the filing season.

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The IRS offers an online “Where’s my refund?” tool for taxpayers to check on the status of their tax refund.

The IRS website said that processing a tax refund generally takes up to 21 days for e-filed returns, whereas returns sent by mail can take six weeks or more to reach the taxpayer. Refunds may also take longer if the return is in need of corrections or additional review.

BESSENT EXPECTS TAXPAYERS WILL SEE ‘VERY LARGE’ TAX REFUNDS EARLY NEXT YEAR

Scott Bessent sits at a hearing table, speaking into a microphone before lawmakers.

Treasury Secretary Scott Bessent has said taxpayers will receive large refunds this filing season. (Nathan Posner/Anadolu via Getty Images)

Taxpayers who are preparing to file their returns should consider setting up direct deposit with the IRS if they wish to receive their refund sooner.

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Taxpayers who e-file their returns can typically see their refund status within 24 hours using the “Where’s my refund?” tool, which can provide refund information for not only the current year but also the past two years.

If a taxpayer needs to amend their return after filing, it can take longer to receive their tax return. Amended returns can take up to three weeks to appear in the IRS’ system and up to 16 weeks to process.

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The IRS also offers a “Where’s my amended return?” tool for taxpayers who submitted an amended return and want to track the status of their filing and any related refund.

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Swisscom AG (SCMWY) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Louis Schmid
Head of Investor Relations

Good afternoon, and welcome to Swisscom’s Full Year Results Presentation 2025. My name is Louis Schmid, Head of Investor Relations. And with me are our CEO, Christoph Aeschlimann; our CFO, Eugen Stermetz; and Walter Renna, CEO of Fastweb + Vodafone.

Let us now start the meeting with the agenda for today on Page 2. As you can see, Christoph presents the first 3 chapters: achievements, where he dives into some of last year’s highlights commercially, operationally and financially; strategy update, where he presents Swisscom’s framework, lead, innovate, perform to grow free cash flow; and the review of our business in Switzerland, covering achievements 2025 and our focus 2026.

Then Walter Renna, CEO of Fastweb + Vodafone, reviews our business in Italy. He will talk about the integration of Vodafone Italia and the industrial performance of our Italian business and its plans going forward. After Walter’s part, Eugen Stermetz, our CFO, will present the financial result 2025, including the guidance 2026. And in the wrap-up chapter, some final remarks from our CEO, Christoph Aeschlimann. After the presentation, we will move directly to the Q&A session.

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With that, I would like to open the meeting and hand over to Christoph for his part.

Christoph Aeschlimann
CEO & Head of Swisscom – Switzerland

Thank you, Louis. Welcome to our 2025

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IHI Corporation (IHICY) Q3 2026 Earnings Call Prepared Remarks Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Hiromi Oshima
General Manager of Finance & Accounting Division and In Charge of Group Finance & Accounting

I am Hiromi Oshima, Executive Officer in charge of Group Finance and Accounting at IHI. We will now present an overview of our financial results for the third quarter of fiscal year 2025. The upper section shows the highlights for the third quarter fiscal year 2025.

Orders achieved JPY 1,364.8 billion, a record high for Q3, driven by expanding demand in the nuclear energy and other areas. Revenue decreased from the previous fiscal year to JPY 1,129.3 billion due to rebounding from the progress of large projects in the previous year and the impact of business divestitures, including material handling system. Operating profit was JPY 102.5 billion, remained at the same level as the previous year. Although revenue declined, we maintained the same level of profit as the previous fiscal year, which had achieved a record high. In addition, due to improvements in equity method investment income, including from Japan Marine United and others, profit attributable to owners of parent for the third quarter reached a record high.

The lower section shows forecast of fiscal year 2025. As demand continues to expand in the nuclear energy and other businesses in Energy business, we are revising our order forecast upward by JPY 90 billion. This fiscal year is the final year of our medium-term management plan. As I will explain later, while accelerating structural reforms, we expect to achieve record highs in orders, revenue, operating profit and profit attributable to owners of parent. We will firmly complete the structural reforms this year to prepare for the next fiscal year

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Frederick Wiseman, American documentary filmmaker, dies at 96

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Frederick Wiseman, American documentary filmmaker, dies at 96


Frederick Wiseman, American documentary filmmaker, dies at 96

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