JHVEPhoto/iStock Editorial via Getty Images Ferguson Enterprises ( FERG ) fell 2.1% in premarket trading Tuesday after the building-products distributor reported quarterly results, as investors focused on continued residential weakness and guidance calling for low to mid-single digit growth in 2026. For the fourth quarter, Ferguson ( FERG ) posted net sales of $7.50 billion, up 3.6% from $7.23 bil...
JHVEPhoto/iStock Editorial via Getty Images Ferguson Enterprises ( FERG ) fell 2.1% in premarket trading Tuesday after the building-products distributor reported quarterly results, as investors focused on continued residential weakness and guidance calling for low to mid-single digit growth in 2026. For the fourth quarter, Ferguson ( FERG ) posted net sales of $7.50 billion, up 3.6% from $7.23 billion a year earlier and ahead of the consensus estimate of $7.46 billion. Adjusted earnings per share rose to $2.10, beating estimates of $2.09 and up from $1.88 a year earlier. Net income rose to $389 million, or $1.99 a share, from $356 million, or $1.78 a share. Gross margin improved 90 basis points to 30.6% in the quarter, while reported operating profit increased 17.1% to $596 million. Adjusted operating profit climbed 13.8% to $625 million. Earnings before interest, taxes, depreciation and amortization totaled $686 million in the quarter, up from $601 million a year earlier. On a full-year basis, earnings before interest, taxes, depreciation and amortization increased 11.6% to $3.24 billion. Full-year ebitda leverage stood at 1.1 times net debt-to-adjusted ebitda. Mixed end markets weigh on sentiment Despite the earnings beat, investors appeared concerned about underlying demand trends. In the U.S., residential end markets, which account for roughly half of revenue, remained weak. Residential revenue declined 2% in the fourth quarter as housing starts and permit activity stayed down and repair, maintenance and improvement activity remained soft. Non-residential markets performed better, with revenue up 10% in the quarter, supported by waterworks and commercial and mechanical activity, including large capital projects. For the full calendar year, Ferguson ( FERG ) generated sales of $31.3 billion, up 5.0%, with gross margin expanding 70 basis points to 31.0%. Diluted earnings per share increased 24.2% to $10.16, while adjusted diluted EPS rose 13.4% to $10.58. “Our ass...
(RTTNews) - The AES Corp. (AES), a supplier of clean energy to corporations, on Tuesday, announced entered into 20-year power purchase agreements to develop energy generation projects co-located with a new data center for Alphabet Inc. (GOOG), Google, in Wilbarger County, Texas.
(RTTNews) - The AES Corp. (AES), a supplier of clean energy to corporations, on Tuesday, announced entered into 20-year power purchase agreements to develop energy generation projects co-located with a new data center for Alphabet Inc. (GOOG), Google, in Wilbarger County, Texas.
Wall Street analysts are bullish going into the report despite broader AI fears hitting markets in recent days. Nvidia shares were down 0.7% to $190.21 in premarket trading. Meta will buy 6 gigawatts of computing power from AMD in a multi-year agreement announced by the two companies early Tuesday.
Wall Street analysts are bullish going into the report despite broader AI fears hitting markets in recent days. Nvidia shares were down 0.7% to $190.21 in premarket trading. Meta will buy 6 gigawatts of computing power from AMD in a multi-year agreement announced by the two companies early Tuesday.
(RTTNews) - Novartis (NVS) said multiple US real-world studies reinforced earlier use of Pluvicto before chemotherapy in metastatic castration-resistant prostate cancer. Real-world use of Pluvicto resulted in a median progression-free survival of 13.5 months in chemo-naïve patien
(RTTNews) - Novartis (NVS) said multiple US real-world studies reinforced earlier use of Pluvicto before chemotherapy in metastatic castration-resistant prostate cancer. Real-world use of Pluvicto resulted in a median progression-free survival of 13.5 months in chemo-naïve patien
fizkes/iStock via Getty Images Insurance deal activity in Europe, the Middle East and Africa slowed further in 2025, even as the number of outsize transactions rose year over year. There were 255 M&A transactions in the region in 2025 compared to 355 in the previous year. Deal volumes have steadily declined since at least 2021, according to an analysis by S&P Global Market Intelligence. Announced ...
fizkes/iStock via Getty Images Insurance deal activity in Europe, the Middle East and Africa slowed further in 2025, even as the number of outsize transactions rose year over year. There were 255 M&A transactions in the region in 2025 compared to 355 in the previous year. Deal volumes have steadily declined since at least 2021, according to an analysis by S&P Global Market Intelligence. Announced deals involving EMEA insurance companies totaled 434 in 2021, 386 in 2022 and 374 in 2023. The second quarter was the most active period for dealmaking in the region last year, with 79 transactions announced, followed by the first quarter with 63 transactions. M&A activity slowed in the third quarter with 54 deals announced and picked up again in the fourth quarter with 59 deals. Helvetia, Baloise out front There were nine EMEA insurance deals with values of more than €1 billion in 2025, compared to just three in 2024. Helvetia Holding AG's €8.98 billion merger with Baloise Holding AG was the largest deal of the year. At the time, Helvetia and Baloise said the combination would create the second-largest insurance group in Switzerland, which was expected to operate as Helvetia Baloise Holding Ltd. The transaction closed , forming Helvetia Baloise Holding AG ( HELNF ), in December 2025. Athora Holding Ltd.'s €6.59 billion acquisition of Pension Insurance Corp. Group Ltd. was the second-largest transaction in 2025. Pension Insurance, which is the ultimate parent company of Pension Insurance Corp. PLC, said the deal would give it a single strategic owner for the first time in its 20-year history. It was also the largest deal of the third quarter. The third-largest deal of 2025 was the purchase of a 29.9% stake in Viridium Group GmbH & Co. KG by a consortium of investors that includes T&D Holdings Inc.'s ( TDHOF ) T&D United Capital Co. Ltd. unit, Allianz SE ( ALIZF ) and BlackRock Inc. ( BLK ). The €3.5 billion acquisition, announced in March 2025, facilitated majority owner Ci...
KUALA LUMPUR, Malaysia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Treasure Global Inc. ( NASDAQ: TGL ) (“ Treasure Global ” or the “ Company ”), a Southeast Asia–anchored technology company, today announced its financial results for the second quarter ended December 31, 2025.
KUALA LUMPUR, Malaysia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Treasure Global Inc. ( NASDAQ: TGL ) (“ Treasure Global ” or the “ Company ”), a Southeast Asia–anchored technology company, today announced its financial results for the second quarter ended December 31, 2025.
The post Missed Nvidia? Missed Tesla? The ChatGPT of Marketing May Be the Next Big Tech Offering, and It’s Available for $0.85/Share by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers associated with this article. Read our Advertiser Discloser . Mis...
The post Missed Nvidia? Missed Tesla? The ChatGPT of Marketing May Be the Next Big Tech Offering, and It’s Available for $0.85/Share by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers associated with this article. Read our Advertiser Discloser . Missed Nvidia or Tesla early? This is an early-stage AI opportunity at $0.85 a share. In 1999, $1,000 at Nvidia’s IPO would be worth over $2.5M today. In 2010, that same amount invested in Tesla’s 2010 IPO would be worth over $300,000 today. RAD Intel could be the next early-stage story investors talk about, and right now it’s available at $0.85/share in their Reg A+ round. RAD Intel pairs its AI driven platform with AIBO — Artificial Intelligence Buyout Strategy — to scale performance across an entire portfolio of Fortune 1000 brands and tier 1 acquisitions. They plug each into the platform, and their performance scales quickly. RAD Intel comes to market with: An executive team with experience across more than 225 M&A transactions Over $50M raised to date and reported 4,900% valuation growth over four years* Marketing division has delivered up to 4X ROI for direct clients like Hasbro, MGM, and Skechers. Agency partners leveraging our award-winning AI across brands like F1, Porsche, L’Oréal, Sephora, the World Cup, Nissan, and more.** Backing from Adobe and Fidelity, along with 10,000+ investors, including insiders from Google, Meta, Amazon, and YouTube.** Open Allocation Shares currently offered at $0.85 per share under Reg A+ . Review the Offering Circular before investing. *Disclaimer: This is a paid advertisement for RAD Intel made pursuant to Regulation A+ offering and involves risk, including the possible loss of principal. The valuation is set by the Company. There is currently no public market for the Company’s Common Stock. Please read the offering circular and relate...
NAPC Defense ( BLIS ) said on Tuesday that it has received $38.17M in new U.S. government task orders through Obera under existing Defense and State Department contract vehicles, with performance extended into 2032. The company said the awards had represented Obera’s hard backlog through January 2027 and had fallen under broader IDIQ contracts with potential ceilings extending through 2032. Obera ...
NAPC Defense ( BLIS ) said on Tuesday that it has received $38.17M in new U.S. government task orders through Obera under existing Defense and State Department contract vehicles, with performance extended into 2032. The company said the awards had represented Obera’s hard backlog through January 2027 and had fallen under broader IDIQ contracts with potential ceilings extending through 2032. Obera has served as prime and subcontractor on major U.S. government vehicles, including NAVSUP WEXMAC, ACC AMIC CNGT, and DOS GLOBALCAP. In parallel, the company had been targeting new purchase orders from U.S. and allied customers as the sole source provider of CornerShot tactical systems and ammunition initiatives. Shares +10%. More on NAPC Defense, Inc. Seeking Alpha’s Quant Rating on NAPC Defense, Inc. Financial information for NAPC Defense, Inc.
Kevin Dietsch Warner Bros. Discovery ( WBD ) on Tuesday confirmed it received a revised proposal from Paramount Skydance ( PSKY ) to buy the whole company. The company had given Paramount a seven-day deadline for a "best and final" offer, which expired on Monday. Neither company publicly disclosed the details of the latest offer. A report by Variety suggested Paramount likely submitted a $32/share...
Kevin Dietsch Warner Bros. Discovery ( WBD ) on Tuesday confirmed it received a revised proposal from Paramount Skydance ( PSKY ) to buy the whole company. The company had given Paramount a seven-day deadline for a "best and final" offer, which expired on Monday. Neither company publicly disclosed the details of the latest offer. A report by Variety suggested Paramount likely submitted a $32/share bid to Warner Bros. WBD said it is reviewing Paramount's offer with its board and financial and legal advisors and will update shareholders following that. Currently, the Netflix ( NFLX ) merger agreement remains in effect, and the WBD board continues to recommend in favor of the Netflix transaction, the company said. Source: Press Release More on Warner Bros. Discovery Netflix And Warner Bros. Discovery Discover A New Path Forward Warner Bros. Discovery: Time To Consider An Exit Strategy (Rating Downgrade) The Warner Bros. Discovery Arbitrage Trades What they're saying about Paramount's bid for Warner Bros. Paramount reportedly submits new bid for Warner Bros. - Variety (update)
Allied Properties Real Estate Investment Trust ( AP.UN:CA ) received TSX approval for a normal course issuer bid to repurchase up to 18.22M units, representing about 10% of its public float as of February 18, 2026. The primary purpose of the NCIB is to acquire units to meet obligations under its restricted unit plan and other employee programs, with potential additional purchases for cancellation....
Allied Properties Real Estate Investment Trust ( AP.UN:CA ) received TSX approval for a normal course issuer bid to repurchase up to 18.22M units, representing about 10% of its public float as of February 18, 2026. The primary purpose of the NCIB is to acquire units to meet obligations under its restricted unit plan and other employee programs, with potential additional purchases for cancellation. The NCIB will commence on February 26, 2026 and expire on February 25, 2027. Under its prior NCIB launched February 26, 2025, Allied was authorized to buy back up to 12.62M units and repurchased 1,062 units at a weighted average price of $16.86/unit. More on Allied Properties Real Estate Investment Trust Allied Properties Real Estate Investment Trust (AP.UN:CA) Q4 2025 Earnings Call Prepared Remarks Transcript Allied Properties: Turning The Page In 2026 Should Be Much Easier Seeking Alpha’s Quant Rating on Allied Properties Real Estate Investment Trust Historical earnings data for Allied Properties Real Estate Investment Trust Dividend scorecard for Allied Properties Real Estate Investment Trust