Genuine Parts Co. ( GPC ) is preparing to split its operations into two publicly traded companies. Sources indicate that the auto retailer's plan is to separate its auto parts business from its industrial parts unit. The Atlanta-based company has been conducting a strategic review with financial advisers and could announce the move alongside its upcoming earnings report later on Tuesday. The break...
Genuine Parts Co. ( GPC ) is preparing to split its operations into two publicly traded companies. Sources indicate that the auto retailer's plan is to separate its auto parts business from its industrial parts unit. The Atlanta-based company has been conducting a strategic review with financial advisers and could announce the move alongside its upcoming earnings report later on Tuesday. The breakup aims to give the NAPA-branded automotive network and its Motion industrial-parts business greater operational focus and flexibility for growth and investment. Genuine Parts, valued at more than $20.5B, generated about $15B in auto parts sales and $9 billion from industrial parts in 2025. The strategic move follows increasing investor enthusiasm for corporate spinoffs designed to unlock value in diversified companies, per the WSJ. Recent shareholder pressure from activist investor Elliott Investment Management, which struck a cooperation agreement with the company last fall, is also seen as likely influencing the decision. Shares of Genuine Parts ( GPC ) are up just under 20% on a year-to-date basis. More on Genuine Parts Genuine Parts: I Do Not Want To Be Part Of It Yet Genuine Parts Q4 2025 Earnings Preview Top SA Quant rated used car & parts retailers amid Carvana's move to S&P 500 Seeking Alpha’s Quant Rating on Genuine Parts Historical earnings data for Genuine Parts
As managers of collateralized loan obligations sell a rash of bank loans seen as vulnerable to AI, some buyers are seeking to pry profits out of a market that’s been squeezed by rock-bottom margins for over a year. Carlyle Group Inc. , BlackRock Inc. , Benefit Street Partners and Oak Hill Advisors are all currently buying up pools of debt as they prepare to launch new CLOs, according to people fam...
As managers of collateralized loan obligations sell a rash of bank loans seen as vulnerable to AI, some buyers are seeking to pry profits out of a market that’s been squeezed by rock-bottom margins for over a year. Carlyle Group Inc. , BlackRock Inc. , Benefit Street Partners and Oak Hill Advisors are all currently buying up pools of debt as they prepare to launch new CLOs, according to people familiar with the matter. Fast-moving CLO managers have been able to snap up discounted loans to software, insurance, wealth management and real estate companies, allowing them to lock in higher effective yields on their assets while paying out the same coupons on their liabilities. As a result, this measure of the CLO market’s overall profitability, known as the equity arbitrage, has climbed — at least on paper. Better payouts will make the new securitizations more attractive to investors, if they can stomach the risks. Other CLO investors, like Eldridge Capital Management , are scooping up new loans to rejigger their existing holdings amid the AI-fueled market shakeup. “The market’s response to AI-related headlines has been indiscriminate selling across loans tied to software and other exposed sectors,” said Andrew Ward , a portfolio manager at Eldridge. “We view that selling pressure as an opportunity to selectively add to high-conviction names and upgrade overall portfolio quality.” Bank loan prices have fallen across the board with software-linked debt bearing the brunt of the selling. US software loans have fallen around 4 percentage points from January highs after the rise of new AI automation tools sparked market turmoil, while European ones fell around 3 percentage points, according to Bloomberg-compiled data. “In this most recent software-related selloff you saw a ‘baby-thrown-out-with-the-bathwater’ scenario where some quality companies traded off in sympathy with weakness in the sector,” said Greg Borenstein , head of corporate credit at Ellington Management Group....
Orion Engineered Carbons press release ( OEC ): Q4 Non-GAAP EPS of -$0.34 misses by $0.26 . Revenue of $411.7M (-5.2% Y/Y) beats by $45.91M . Orion reported fourth quarter Net sales of $412 million, representing a 5% year over year decline due to a 4% decline in volume and a 6% decline in price, primarily due to the pass-through effect of lower oil prices, partially offset by 4% favorable foreign ...
Orion Engineered Carbons press release ( OEC ): Q4 Non-GAAP EPS of -$0.34 misses by $0.26 . Revenue of $411.7M (-5.2% Y/Y) beats by $45.91M . Orion reported fourth quarter Net sales of $412 million, representing a 5% year over year decline due to a 4% decline in volume and a 6% decline in price, primarily due to the pass-through effect of lower oil prices, partially offset by 4% favorable foreign currency translation. Orion is establishing a full year 2026 Adjusted EBITDA guidance range of $160 million - $200 million and a free cash flow guidance range of $25 million - $50 million. More on Orion Engineered Carbons The Bottom Fishing Club - Orion S.A.: Leading The Carbon Future Seeking Alpha’s Quant Rating on Orion Engineered Carbons Historical earnings data for Orion Engineered Carbons Dividend scorecard for Orion Engineered Carbons Financial information for Orion Engineered Carbons
Somnigroup International press release ( SGI ): Q4 Non-GAAP EPS of $0.72 in-line. Revenue of $1.87B (+54.5% Y/Y) misses by $60M . Adjusted operating income (1) increased 59.8% to $267.8 million as compared to $167.6 million in the fourth quarter of 2024. Mattress Firm net sales were $892.1 million for the fourth quarter of 2025. All Mattress Firm sales are reported through the direct channel. Matt...
Somnigroup International press release ( SGI ): Q4 Non-GAAP EPS of $0.72 in-line. Revenue of $1.87B (+54.5% Y/Y) misses by $60M . Adjusted operating income (1) increased 59.8% to $267.8 million as compared to $167.6 million in the fourth quarter of 2024. Mattress Firm net sales were $892.1 million for the fourth quarter of 2025. All Mattress Firm sales are reported through the direct channel. Mattress Firm gross margin was 30.8% for the fourth quarter of 2025. Adjusted gross margin (1) was 32.4% for the fourth quarter of 2025. Mattress Firm operating margin was 4.4% for the fourth quarter of 2025. Adjusted operating margin (1) was 5.4% for the fourth quarter of 2025. Financial Guidance For the full year 2026 , the Company currently expects adjusted EPS (1) between $3.00 to $3.40 vs. consensus of $3.33 , which represents an approximate 19% increase from 2025 adjusted EPS at the mid-point of the range. More on Somnigroup International Somnigroup to engage in discussions with Leggett & Platt Leggett & Platt trades higher after Somnigroup's all-stock acquisition proposal Seeking Alpha’s Quant Rating on Somnigroup International Historical earnings data for Somnigroup International Dividend scorecard for Somnigroup International
Iran fired live missiles towards the Strait of Hormuz while its supreme leader, Ayatollah Ali Khamenei, warned that the US warship deployed in the Gulf could be sunk, as nuclear talks between the two countries started. “We constantly hear that they [the US] have sent a warship towards Iran. A warship is certainly a dangerous weapon, but even more dangerous is the weapon capable of sinking it,” Kha...
Iran fired live missiles towards the Strait of Hormuz while its supreme leader, Ayatollah Ali Khamenei, warned that the US warship deployed in the Gulf could be sunk, as nuclear talks between the two countries started. “We constantly hear that they [the US] have sent a warship towards Iran. A warship is certainly a dangerous weapon, but even more dangerous is the weapon capable of sinking it,” Khamenei said in a speech on Tuesday. The US and Iran are holding their second round of talks about...
The global alternative energy market is experiencing significant transformation, driven by technological advancements and cost reductions that are shifting the focus away from fossil fuels toward renewables. Solar and wind energy are projected to dramatically increase their share of global energy by 2045, while energy storage solutions and advanced nuclear technologies are also gaining importance....
The global alternative energy market is experiencing significant transformation, driven by technological advancements and cost reductions that are shifting the focus away from fossil fuels toward renewables. Solar and wind energy are projected to dramatically increase their share of global energy by 2045, while energy storage solutions and advanced nuclear technologies are also gaining importance. As Asia-Pacific continues to lead in manufacturing, North America pioneers innovation, and...
Herc press release ( HRI ): Q4 Non-GAAP EPS of $2.07 beats by $0.20 . Revenue of $1.21B (+27.2% Y/Y) misses by $40M . This year-over-year increase was driven by a 24% increase in equipment rental revenue. Sales of rental equipment increased by $51 million during the period as acquisition fleet was sold to improve mix and utilization. Dollar utilization was 37.5% in the fourth quarter compared to 4...
Herc press release ( HRI ): Q4 Non-GAAP EPS of $2.07 beats by $0.20 . Revenue of $1.21B (+27.2% Y/Y) misses by $40M . This year-over-year increase was driven by a 24% increase in equipment rental revenue. Sales of rental equipment increased by $51 million during the period as acquisition fleet was sold to improve mix and utilization. Dollar utilization was 37.5% in the fourth quarter compared to 40.6% in the prior-year period, primarily due to lower utilization of the acquired fleet ahead of fleet optimization initiatives. 2026 outlook Equipment rental revenue: $4.275 billion to $4.4 billion Adjusted EBITDA: $2.0 billion to $2.1 billion Net rental equipment capital expenditures: $500 million to $800 million Gross capex: $800 million to $1.1 billion Click to enlarge More on Herc Herc Holdings: Transition Year Optics; FY 2027 Earnings Power Quietly Builds Herc Q4 2025 Earnings Preview Herc Holdings announces pricing of $1,200 million senior unsecured notes offering Seeking Alpha’s Quant Rating on Herc Historical earnings data for Herc
(RTTNews) - Allegion plc (ALLE), a security products and solutions company, on Tuesday reported its net income increased in the fourth quarter compared with the previous year and issued guidance for the full year 2026.
(RTTNews) - Allegion plc (ALLE), a security products and solutions company, on Tuesday reported its net income increased in the fourth quarter compared with the previous year and issued guidance for the full year 2026.
CNH Industrial press release ( CNH ): Q4 Non-GAAP EPS of $0.19 beats by $0.08 . Revenue of $5.16B (+5.7% Y/Y) beats by $270M . Consequently, the Company is providing the following 2026 outlook: Agriculture segment net sales between down 5% and flat year-over-year, including +2% currency translation effects Agriculture segment adjusted EBIT margin between 4.5% and 5.5% Construction segment net sale...
CNH Industrial press release ( CNH ): Q4 Non-GAAP EPS of $0.19 beats by $0.08 . Revenue of $5.16B (+5.7% Y/Y) beats by $270M . Consequently, the Company is providing the following 2026 outlook: Agriculture segment net sales between down 5% and flat year-over-year, including +2% currency translation effects Agriculture segment adjusted EBIT margin between 4.5% and 5.5% Construction segment net sales about flat year-over-year, including +1% currency translation effects Construction segment adjusted EBIT margin between 1.0% and 2.0% Free Cash Flow of Industrial Activities between $150 million and $350 million Adjusted diluted EPS between $0.35 to $0.45 vs $0.51 consensus More on CNH Industrial CNH Industrial: Progress Is Clear, But The Upside Feels Capped CNH Industrial rises to 3-mth high on Goldman Sachs upgrade CNH Industrial Capital prices $500M senior notes due 2031 Seeking Alpha’s Quant Rating on CNH Industrial Historical earnings data for CNH Industrial