Willis Towers Watson press release ( WTW ): Q1 Non-GAAP EPS of $3.72 beats by $0.07 . Revenue of $2.4B (+8.1% Y/Y) misses by $20M . Organic Revenue growth of 3% for the quarter Diluted Earnings per Share was $3.10 for the quarter, up 33% over prior year Adjusted Diluted Earnings per Share was $3.72 for the quarter, up 19% over prior year Operating Margin was 18.6% for the quarter, down 80 basis po...
Willis Towers Watson press release ( WTW ): Q1 Non-GAAP EPS of $3.72 beats by $0.07 . Revenue of $2.4B (+8.1% Y/Y) misses by $20M . Organic Revenue growth of 3% for the quarter Diluted Earnings per Share was $3.10 for the quarter, up 33% over prior year Adjusted Diluted Earnings per Share was $3.72 for the quarter, up 19% over prior year Operating Margin was 18.6% for the quarter, down 80 basis points from prior year Adjusted Operating Margin was 22.3% for the quarter, up 70 basis points from prior year More on Willis Towers Watson AI Disruption Fears Create An Opportunity In Willis Towers Watson Willis Towers Watson Public Limited Company 2025 Q4 - Results - Earnings Call Presentation Willis Towers Watson Public Limited Company (WTW) Q4 2025 Earnings Call Transcript Willis Towers Watson Q1 2026 Earnings Preview WTW creates new roles to lead AI strategy, adoption
Carrier Global press release ( CARR ): Q1 Non-GAAP EPS of $0.57 beats by $0.06 . Revenue of $5.34B (+2.3% Y/Y) beats by $330M . Data center orders up over 500%; backlog fully covers expected 2026 data center sales Total company orders 1 up 11%; Commercial HVAC 1 up 35% Net sales up 2%; organic sales down 1%. Net cash flows from operating activities of $79 million and free cash flow of ($15) millio...
Carrier Global press release ( CARR ): Q1 Non-GAAP EPS of $0.57 beats by $0.06 . Revenue of $5.34B (+2.3% Y/Y) beats by $330M . Data center orders up over 500%; backlog fully covers expected 2026 data center sales Total company orders 1 up 11%; Commercial HVAC 1 up 35% Net sales up 2%; organic sales down 1%. Net cash flows from operating activities of $79 million and free cash flow of ($15) million. Reaffirms full year outlook: Full-Year 2026 Guidance** Current Guidance** Prior Guidance Sales ~$22 billion vs. $21.94B consensus ~$250 million revenue headwind from Riello exit Organic* flat to up LSD FX 1% Net, Acquisitions / Divestitures (1%) ~$22 billion ~$350 million revenue headwind from Riello exit Organic* flat to up LSD FX 1% Net, Acquisitions / Divestitures (1%) Adjusted Operating Profit* ~$3.4 billion ~$3.4 billion Adjusted EPS* ~$2.80 vs. $2.77 consensus ~$2.80 Free Cash Flow* ~$2 billion ~$2 billion Click to enlarge More on Carrier Global Carrier Global Corporation (CARR) Presents at JPMorgan Industrials Conference 2026 Transcript Carrier Global: Commercial HVAC Momentum Supports Growth, But Valuation Discount Justified Carrier Global Corporation (CARR) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript Carrier Global Q1 2026 Earnings Preview Tariff shock ripples through industrials as BRP pulls outlook
India’s Shapoorji and Pallonji Group is in talks with global investors including BlackRock and JPMorgan Chase & Co. for a high-yield bond sale, according to people familiar with the matter, even after it was allowed to delay repayment on existing debt. The country’s largest private credit borrower is offering yields of at least 14% to raise as much as $1 billion, the people said, asking not to be ...
India’s Shapoorji and Pallonji Group is in talks with global investors including BlackRock and JPMorgan Chase & Co. for a high-yield bond sale, according to people familiar with the matter, even after it was allowed to delay repayment on existing debt. The country’s largest private credit borrower is offering yields of at least 14% to raise as much as $1 billion, the people said, asking not to be identified because the discussions are private. Terms are still under negotiation and could change. A few more global asset managers are in talks to participate in the offering of three-year dollar bonds, the people said. Some investors may also use leverage facilities from lenders including Standard Chartered Plc , two of the people said. The fundraising is part of a broader effort to refinance a borrowing by a group entity — Goswami Infratech Pvt. — that creditors recently agreed to extend to June 30. The backdrop makes the deal unusual. It is not common for companies that have just pushed back debt obligations to return to the market with a new bond sale. The proposed deal effectively asks investors to commit capital even as repayment risks persist. Still, the investor interest reflects a risk-reward balance. Double-digit returns are hard to find in global credit markets, and some funds are willing to look past near-term stress in the belief that the infrastructure conglomerate will be able to unlock value from its 18.4% stake in Tata Sons, the holding firm of India’s Tata Group — and stabilize its finances. Delays in unlocking value from that holding, alongside broader market volatility, have complicated refinancing efforts for the group. A Shapoorji spokesperson didn’t reply to Bloomberg’s email seeking comment. Spokespersons for JPMorgan and Standard Chartered declined to comment, while BlackRock didn’t immediately respond to a request for comment. The proposed bond yield sits at the higher end of the range for Indian issuers. In 2020, Lodha Developers International L...
WESCO press release ( WCC ): Q1 Non-GAAP EPS of $3.37 beats by $0.54 . Revenue of $6.08B (+13.9% Y/Y) beats by $220M . Record first quarter reported net sales of $6.1 billion, up 14% YOY Organic sales up 12% YOY Data center sales of $1.4 billion, up ~70% YOY Record total company backlog, up 22% YOY Raising 2026 outlook More on WESCO WESCO: Strong Fundamentals At A Reasonable Price WESCO Internatio...
WESCO press release ( WCC ): Q1 Non-GAAP EPS of $3.37 beats by $0.54 . Revenue of $6.08B (+13.9% Y/Y) beats by $220M . Record first quarter reported net sales of $6.1 billion, up 14% YOY Organic sales up 12% YOY Data center sales of $1.4 billion, up ~70% YOY Record total company backlog, up 22% YOY Raising 2026 outlook More on WESCO WESCO: Strong Fundamentals At A Reasonable Price WESCO International, Inc. (WCC) Q4 2025 Earnings Call Transcript WESCO International, Inc. 2025 Q4 - Results - Earnings Call Presentation WESCO Q1 2026 Earnings Preview WESCO prices $1.5B senior notes
Elon Musk is due to return to the witness stand on Thursday for a second day of cross-examination by Sam Altman's lawyer, in a high-stakes trial over a lawsuit Musk brought accusing OpenAI of abandoning its mission to develop artificial intelligence for the benefit of humanity. The world's richest man alleges that OpenAI, its co-founder and CEO Sam Altman, and its President Greg Brockman wooed ...
Elon Musk is due to return to the witness stand on Thursday for a second day of cross-examination by Sam Altman's lawyer, in a high-stakes trial over a lawsuit Musk brought accusing OpenAI of abandoning its mission to develop artificial intelligence for the benefit of humanity. The world's richest man alleges that OpenAI, its co-founder and CEO Sam Altman, and its President Greg Brockman wooed his $38 million in donations by promising to build a nonprofit that would prioritize safe development of AI, before pivoting to create a for-profit entity to enrich themselves. OpenAI has countered that Musk, the CEO of Tesla and SpaceX, is driven by a compulsion to control OpenAI and is bitter about the company's success after he left the board in 2018.
Air Products and Chemicals press release ( APD ): Q2 Non-GAAP EPS of $3.20 beats by $0.14 . Revenue of $3.17B (+8.6% Y/Y) beats by $100M . Outlook: " With a strong first half and outperformance in market volume, Air Products now expects full-year fiscal 2026 adjusted EPS guidance * in the range of $13.00 to $13.25. For the fiscal 2026 third quarter, Air Products' adjusted EPS guidance * is $3.25 t...
Air Products and Chemicals press release ( APD ): Q2 Non-GAAP EPS of $3.20 beats by $0.14 . Revenue of $3.17B (+8.6% Y/Y) beats by $100M . Outlook: " With a strong first half and outperformance in market volume, Air Products now expects full-year fiscal 2026 adjusted EPS guidance * in the range of $13.00 to $13.25. For the fiscal 2026 third quarter, Air Products' adjusted EPS guidance * is $3.25 to $3.35." the company said. FY EPS consensus at $13.09. Q3 EPS consensus of 3.32. More on Air Products and Chemicals Air Products and Chemicals: Helium Tailwind And CAPEX Discipline Drive Re-Rating Potential Air Products and Chemicals, Inc. (APD) Presents at JPMorgan Industrials Conference 2026 Transcript Air Products and Chemicals, Inc. 2026 Q1 - Results - Earnings Call Presentation Air Products and Chemicals Q2 2026 Earnings Preview Air Products and Chemicals raises dividend by 1.1% to $1.81
Alphabet's blowout cloud growth has reset expectations across major tech companies, leaving investors to recalibrate which firms are delivering the clearest returns. Alphabet shares jumped more than 7% in extended trading, while Meta stock fell 7%. Amazon shares rose 2.7% and Microsoft was flat. The reactions underscore a growing divide as the biggest tech companies pour record sums into AI infra...
Alphabet's blowout cloud growth has reset expectations across major tech companies, leaving investors to recalibrate which firms are delivering the clearest returns. Alphabet shares jumped more than 7% in extended trading, while Meta stock fell 7%. Amazon shares rose 2.7% and Microsoft was flat. The reactions underscore a growing divide as the biggest tech companies pour record sums into AI infrastructure, with investors increasingly rewarding those that are translating spending into clear revenue growth.
For years, investors in China’s burgeoning real estate investment trust (REIT) market were largely restricted to infrastructure projects like toll roads, sewage plants and industrial parks. Now, the gates have swung open to the glitz of luxury shopping malls, premium office towers and hotel chains. On Dec. 31, the China Securities Regulatory Commission (CSRC) officially expanded its public REIT pi...
For years, investors in China’s burgeoning real estate investment trust (REIT) market were largely restricted to infrastructure projects like toll roads, sewage plants and industrial parks. Now, the gates have swung open to the glitz of luxury shopping malls, premium office towers and hotel chains. On Dec. 31, the China Securities Regulatory Commission (CSRC) officially expanded its public REIT pilot program to include purely market-driven commercial real estate. Designed to unlock the value of existing assets and build a new development model for the country’s beleaguered property sector, the move essentially transforms how developers finance heavy assets and how everyday investors access prime real estate.
Nigeria’s president named a former Dangote Cement Plc executive as the next head of the nation’s petroleum-products regulator, the third leadership change in four months at the agency that’s clashed with billionaire investor Aliko Dangote . The appointment of Rabiu Abdullahi Umar as chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority was made in the “pub...
Nigeria’s president named a former Dangote Cement Plc executive as the next head of the nation’s petroleum-products regulator, the third leadership change in four months at the agency that’s clashed with billionaire investor Aliko Dangote . The appointment of Rabiu Abdullahi Umar as chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority was made in the “public interest,” President Bola Tinubu ’s office said in a statement on Wednesday. The regulator has come under increased scrutiny since Dangote’s 650,000 barrel-per-day refinery began production two years ago, turning Nigeria into a net exporter of fuel. Africa’s richest person has clashed with the NMDPRA after he sought to ban imports of refined petroleum, at one point going to court to press his case before backtracking. Read More: Nigerian Regulator Says Dangote Seeking Import Ban on Diesel Dangote previously accused a former head of the agency of corruption, who subsequently resigned in December. His replacement, Saidu Mohammed, was removed on Wednesday, while he was attending a conference abroad. The appointment “is aimed at strengthening regulatory effectiveness in the midstream and downstream petroleum sector,” the presidency said . Umar’s confirmation is subject to lawmaker approval. Before joining Dangote Industries Ltd. as chief commercial officer in 2019, Umar had stints at Lafarge Africa Plc — a rival producer of the building material — and Nigerian oil company Oando Plc, where he led the marketing arm. Umar’s most pressing initial task will be to address escalating jet fuel costs. Airline operators in Africa’s most-populous nation have threatened to ground flights over a rise in prices they say is excessive. The new CEO must also decide whether to allow imports of fuel to allow increased competition after domestic gasoline prices jumped about 40%. The authority initially froze import permits at the beginning of the year, before allowing some shipments after the ...
Cigna press release ( CI ): Q1 Non-GAAP EPS of $7.79 beats by $0.18 . Revenue of $68.52B (+4.7% Y/Y) beats by $2.32B . FY26 revenue of $281.77B, EPS consensus of $30.33 (dollars in millions, except where noted and per share amounts) 2026 Consolidated Metrics Projection for Full Year Ending December 31, 2026 Change from Prior Projection Adjusted Income from Operations, per share1,2 at least $30.35 ...
Cigna press release ( CI ): Q1 Non-GAAP EPS of $7.79 beats by $0.18 . Revenue of $68.52B (+4.7% Y/Y) beats by $2.32B . FY26 revenue of $281.77B, EPS consensus of $30.33 (dollars in millions, except where noted and per share amounts) 2026 Consolidated Metrics Projection for Full Year Ending December 31, 2026 Change from Prior Projection Adjusted Income from Operations, per share1,2 at least $30.35 +$0.10 Evernorth Adjusted Income from Operations, Pre-Tax1,2 at least $6,900 Cigna Healthcare Adjusted Income from Operations, Pre-Tax1,2 at least $4,525 +$25 Cigna Healthcare Medical Care Ratio2,4 83.7% to 84.7% Click to enlarge More on Cigna Cigna: Flashing A Buy For Dividend Growth And Deep Value Cigna: Repeated Earnings Beats, But The Market Remains Skeptical The Cigna Group (CI) Presents at TD Cowen 46th Annual Health Care Conference Transcript Cigna Q1 2026 Earnings Preview Industry group says health plans have cut 11% of prior authorizations