Finance and markets: business, quotes, gold, energy and releases.
Found 4733 articles
Veolia has unveiled a new employee shareholding initiative, inviting 180,000 staff members across 55 countries to purchase equity in the group. This move aims to deepen the connection between the workforce and the company’s GreenUp strategic plan, which centers on decarbonization and resource regeneration.
A 292 million yen net profit for the fiscal year ended April 30 marks a sharp reversal for Asukanet Co. Ltd., which recorded a 263 million yen loss during the previous annual period. The Japan-based company managed this turnaround despite a slight dip in overall top-line revenue.
Beauty Garage Inc. reported a decline in annual net profit to 932 million yen for the fiscal year ending April 30, 2026, down from 1.02 billion yen in the previous year. Despite the bottom-line contraction, the Japanese firm saw its annual revenue climb to 38.20 billion yen from 33.72 billion yen.
666 million yen in net profit for the first quarter ending April 30 marks a sharp climb for Arr Planner Co. Ltd., up from 412 million yen during the same period last year. The Japanese firm’s latest financial disclosure reveals consistent growth across all primary earnings metrics for the 2026 fiscal year.
Morozoff Ltd. saw its first-quarter net profit drop to 183 million yen from 264 million yen a year ago, even as the Japanese confectioner managed to nudge its revenue slightly higher. The decline reflects a tightening margin environment for the period ending April 30, 2026, compared to the previous year.
Miroku Corp. posted a net profit of 205 million yen for the half-year ending April 30, marking a modest increase from the 192 million yen recorded during the same period in 2025. This bottom-line growth occurred even as the company navigated a slight contraction in its overall business scale.
A 5% decline in net profit marked the first half of the fiscal year for B&P Co. Ltd., as the Japanese firm saw earnings fall to 230 million yen from 242 million yen a year earlier, despite a modest increase in overall top-line revenue.
The U.S. Defense Department has added pharmaceutical giant WuXi AppTec to its list of entities with ties to the Chinese military, triggering a sharp decline in the company’s stock. Shares fell by more than 8% in Hong Kong and Shanghai as investors reacted to the unexpected government classification.
South Korea’s aromatics exports faced a broad decline in January as domestic producers prioritized internal consumption over international spot markets, leaving the industry to grapple with tightening supply and a growing glut in China. While paraxylene and benzene shipments retreated due to shifting regional dynamics and closed arbitrage windows, toluene emerged as a rare outlier, fueled by robust demand from the U.S. and India.
TotalEnergies SE has disclosed the repurchase of over 1.45 million of its own shares between February 16 and February 20, 2026, totaling approximately €95 million. The transactions, conducted on Euronext Paris and Cboe Europe, follow the shareholder mandate established in May 2025 to optimize the company's capital structure.
Ibiden Co. Ltd. reported a significant jump in profitability for the nine months ending December 31, with net profit rising to ¥31.00 billion as revenue growth outpaced the previous year. The Japanese electronics giant benefited from improved margins and resilient demand, according to the company's latest financial disclosure.
Marudai Food Co. Ltd. reported a decline in net profit for the nine months ended Dec. 31, even as the Japanese food processor saw gains in revenue and operating income. According to the company's latest financial results, net profit fell to ¥5.07 billion, down from ¥5.75 billion in the same period last year.
Malayan Banking is projected to report a 4.4% rise in fourth-quarter net profit on Thursday, buoyed by stabilizing funding costs and a recovery in regional capital flows. Analysts polled by Visible Alpha anticipate a quarterly profit of 2.64 billion ringgit ($678.5 million), marking a steady conclusion to a year defined by resilient domestic demand and a strengthening ringgit.
Japanese defense and heavy machinery shares tumbled on Tuesday after Beijing placed 40 Japanese entities on export control and monitoring lists. The move by China’s commerce ministry, which targets dual-use items with potential military applications, marks a sharp escalation in the ongoing diplomatic friction between the two economic powerhouses.
Tokyo-listed adish Co. Ltd. reported a significant recovery for the fiscal year ended December 31, nearly erasing its net loss as operating margins moved into positive territory. The company narrowed its annual deficit to just ¥1.00 million, a sharp contrast to the ¥115.00 million loss posted in the previous year.
Pfizer has struck a licensing agreement with Hangzhou Sciwind Biosciences to commercialize the metabolic drug ecnoglutide in China, a deal valued at up to $495 million. The partnership grants the U.S. pharmaceutical giant exclusive rights to a therapy already approved for diabetes and currently under regulatory review for weight management in the world’s second-largest economy.
Asian software equities retreated on Tuesday, tracking a sharp overnight selloff on Wall Street fueled by renewed skepticism over the long-term economic impact of artificial intelligence. The decline, triggered by a viral research report warning of disruption in white-collar sectors, wiped significant value off major tech players from Hong Kong to Sydney.
Major Chinese film and entertainment shares cratered Tuesday after a disappointing Lunar New Year box office performance marked the industry’s weakest holiday showing since 2018. Despite an extended nine-day break, ticket sales failed to ignite consumer interest, significantly trailing the previous year’s revenue.
United Overseas Bank shares faced their steepest one-day decline in nearly a year on Tuesday after the Singaporean lender reported a 7% drop in fourth-quarter profit and a dividend payout that failed to meet analyst projections.
United Overseas Bank (UOB) reported a 7% decline in fourth-quarter net profit to S$1.41 billion (US$1.11 billion), pressured by cooling interest income and a downward revision to its fee-growth guidance.
Consumer-facing companies saw a sharp decline in share prices as uncertainty regarding trade tariffs weighed on investor sentiment, overshadowing positive performance from individual food and retail giants. While broader market jitters persisted, Domino’s Pizza and Canadian grocer Loblaw signaled a resilient, albeit value-conscious, consumer environment.
NWPX Infrastructure has finalized the acquisition of Colorado-based concrete manufacturer Boughton’s Precast, marking its third strategic expansion in six years. The deal, which closed Monday, aims to bolster the company’s water transmission capabilities and is expected to provide an immediate boost to earnings.
Shares of major financial institutions and alternative asset managers retreated Friday as concerns mounted over the stability of the private credit market and the sustainability of high-interest deal-making. The sell-off, led by industry heavyweights Blue Owl and Blackstone, comes amid reports of funding hurdles for massive infrastructure projects and a broader tightening of deal economics driven by the Federal Reserve's restrictive monetary policy.
Teradata has reached a $480 million settlement with SAP, concluding a high-stakes legal battle that began in 2018 over allegations of trade secret theft and anticompetitive behavior. The agreement ends years of litigation between the two enterprise software rivals and provides a significant capital injection for Teradata.
Technology shares retreated as investors weighed the disruptive potential of generative artificial intelligence, with IBM leading the decline following a breakthrough announcement from AI startup Anthropic. The market reaction underscores growing anxiety over how legacy tech giants will navigate a landscape where automated tools can now handle complex coding tasks once central to their business models.
The communications services sector dipped on Thursday as investors weighed a narrowing loss at AMC Entertainment against escalating political and regulatory hurdles for Netflix.
Thor Industries is reorganizing its North American recreational vehicle business, consolidating the majority of its brands into two distinct operating groups. The manufacturer announced the move on Monday, signaling a shift toward centralized management as it navigates rapid dealer consolidation and evolving consumer demand in a post-pandemic market.
Power producers gained ground on Monday as investors pivoted toward defensive sectors, reacting to a combination of severe winter weather and a major Supreme Court ruling on trade tariffs.
Coveo, the AI-powered search and personalization platform, has officially named Karine Hamel as its permanent Chief Financial Officer, concluding a leadership transition that began late last year.
Keurig Dr Pepper has expanded its funding deal with private equity giants to $4.5 billion, paving the way for a clean separation of its beverage and coffee segments into two independent public entities. The additional capital, provided by KKR, Apollo Global Management, and T. Rowe Price, cancels previous plans for a partial initial public offering of the beverage business.