Halozyme Therapeutics ( HALO ) shares edged 0.5% higher Wednesday morning after it raised its financial outlook and announced the acquisition of biopharmaceutical company Surf Bio for a total consideration of up to $400M ( $300M upfront and up to $100M milestone payments) . Halozyme ( HALO ) updated its preliminary estimates for 2025, expecting total revenue of $1,385M - $1,400M (36% to 38% Y/Y gr...
Halozyme Therapeutics ( HALO ) shares edged 0.5% higher Wednesday morning after it raised its financial outlook and announced the acquisition of biopharmaceutical company Surf Bio for a total consideration of up to $400M ( $300M upfront and up to $100M milestone payments) . Halozyme ( HALO ) updated its preliminary estimates for 2025, expecting total revenue of $1,385M - $1,400M (36% to 38% Y/Y growth), vs. consensus estimate of $1.34B, and royalty revenue of $865M - $870M (51% to 52% Y/Y growth). For 2026, the company now expects revenue of $1.71B to $1.81B, above the $1.69B estimate and higher than its prior $1.43B–$1.53B forecast, implying 23%–30% growth from projected 2025 levels. It also raised its non-GAAP diluted EPS outlook to $7.75–$8.25 from $6.50–$7.00, compared with an $8.21 estimate. The EPS guidance includes new Hypercon and Surf Bio investments of around $60M not included in prior 2026 guidance. Surf Bio has a biologic hyperconcentration technology being developed to enable high concentrations of up to 500 mg/mL across a wide range of therapeutics, including monoclonal antibodies and small molecules, for delivery in a single auto-injector shot for at-home or in-HCP office use. More on Halozyme Therapeutics Halozyme's Elektrofi Deal: Site-Of-Care Optionality (Rating Upgrade) Halozyme Therapeutics, Inc. (HALO) Presents at Evercore 8th Annual Healthcare Conference Transcript Halozyme Therapeutics, Inc. (HALO) Q3 2025 Earnings Call Transcript Halozyme, Takeda in arrangement to use former's drug delivery tech in Entyvio J&J wins FDA nod for Rybrevant injectable in lung cancer
Victor Golmer/iStock Editorial via Getty Images V.F. Corporation ( VFC ) gained in early trading after the apparel company topped the expectation of analysts with third-quarter revenue of $2.88B. The North Face business grew sales 8% during the quarter on a constant dollar basis, and the Timberland business saw a 5% increase. The Vans business recorded a small sales growth decline compared to a ye...
Victor Golmer/iStock Editorial via Getty Images V.F. Corporation ( VFC ) gained in early trading after the apparel company topped the expectation of analysts with third-quarter revenue of $2.88B. The North Face business grew sales 8% during the quarter on a constant dollar basis, and the Timberland business saw a 5% increase. The Vans business recorded a small sales growth decline compared to a year ago, as product newness and digital performance factored in. "The Americas region had its strongest performance in over three years, while global DTC inflected to growth. We remain on track to deliver our medium-term financial targets and are excited about the future of the business," highlighted CEO Bracken Darrell. V.F. Corporation ( VFC ) gross margin rate was up 10 basis points to 57.0% on an ex-Dickies basis. Operating income improved to $341M from $289M a year ago. Non-GAAP EPS of $0.58 topped the consensus estimate of $0.44. Looking ahead, V.F. Corporation ( VFC ) guided for Q4 revenue to be flat to up 2% compared to a year ago and adjusted operating income to land in a range of $10M to $30M. Shares of VFC pushed 1.7% higher in premarket trading. More on V.F. Corp V.F. Corporation (VFC) Presents at ICR Conference 2026 Transcript V.F. Corp.: Continued Drag From Lackluster Brand Power V.F. Corp.: Turnaround Increasingly Distant And Uncertain V.F. Corp beats top-line and bottom-line estimates; initiates Q4 and FY26 outlook V.F. Corp Q3 2026 Earnings Preview
(RTTNews) - Brinker International Inc. (EAT) reported a profit for its second quarter that increased from last year and beat the Street estimates. The company's earnings came in at $118.5 million, or $2.61 per share. This compares with $42.1 million, or $0.94 per share, last year. Excluding items, Brinker International Inc. reported adjusted earnings of $127.3 million or $2.80 per share for the pe...
(RTTNews) - Brinker International Inc. (EAT) reported a profit for its second quarter that increased from last year and beat the Street estimates. The company's earnings came in at $118.5 million, or $2.61 per share. This compares with $42.1 million, or $0.94 per share, last year. Excluding items, Brinker International Inc. reported adjusted earnings of $127.3 million or $2.80 per share for the period. Analysts on average had expected the company to earn $1.86 per share. Analysts' estimates typically exclude special items. The company's revenue for the period rose 26.4% to $1.358 billion from $1.074 billion last year. Brinker International Inc. earnings at a glance (GAAP) : -Earnings: $118.5 Mln. vs. $42.1 Mln. last year. -EPS: $2.61 vs. $0.94 last year. -Revenue: $1.358 Bln vs. $1.074 Bln last year. -Guidance: Full year EPS guidance: $7.50 - $8.00 Full year revenue guidance: $5.15 - $5.25 Bln The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Amazon is to lay off 16,000 workers in one of its biggest rounds of job cuts as the tech giant looks to replace office workers with artificial intelligence (AI). The online retailer told staff on Wednesday that it would be cutting around 4pc of its workforce in an effort to reduce bureaucracy and compete in a “world that’s changing faster than ever”. The redundancies come just three months after A...
Amazon is to lay off 16,000 workers in one of its biggest rounds of job cuts as the tech giant looks to replace office workers with artificial intelligence (AI). The online retailer told staff on Wednesday that it would be cutting around 4pc of its workforce in an effort to reduce bureaucracy and compete in a “world that’s changing faster than ever”. The redundancies come just three months after Amazon said it was letting go of a further 14,000 employees. The company’s warehouse workers, who account for most of its 1.5 million staff, are not affected. News of the impending job cuts emerged early on Wednesday morning after an Amazon executive accidentally leaked an email about the lay-offs to employees. Some staff were sent an email about “Project Dawn” detailing the planned lay-offs hours before Amazon had told its wider workforce. It comes as Amazon increasingly turns to automation and AI in a push by Andy Jassy, the chief executive, to boost productivity. Andy Jassy, Amazon’s chief executive, is increasingly turning to automation and AI in a push to boost productivity - Mike Blake/Reuters White-collar workforce to fall While the company’s latest email to employees did not mention AI, the lay-offs come after Mr Jassy said last year he expected Amazon’s total white-collar workforce would fall as it embraces the technology. In June last year, Mr Jassy said: “We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs. “In the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company.” Amazon has been driving staff to experiment with AI tools across their work at the company as rival Silicon Valley giants increasingly tie the use of digital chatbots and coding tools to performance reviews. Companies have increasingly blamed AI for mass job cuts over the past year as they seek to offload more work to digital bots. Data fr...
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Jennifer McKeown, Capital Economics, Chief Global Economist; Nela Richardson, ADP, Chief Economist; Francesca Ghiretti,...
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Jennifer McKeown, Capital Economics, Chief Global Economist; Nela Richardson, ADP, Chief Economist; Francesca Ghiretti, RAND, Europe China Initiative Director. (Source: Bloomberg)
A Hong Kong office unit at Admiralty Centre has changed hands for HK$292.17 million (US$37.46 million), making it the most expensive commercial property transaction registered on Tuesday, according to official records, in a deal that adds to tentative signs of stabilisation in the city’s battered real estate market. The office space , located in Tower 1 of the Admiralty Centre within the city’s co...
A Hong Kong office unit at Admiralty Centre has changed hands for HK$292.17 million (US$37.46 million), making it the most expensive commercial property transaction registered on Tuesday, according to official records, in a deal that adds to tentative signs of stabilisation in the city’s battered real estate market. The office space , located in Tower 1 of the Admiralty Centre within the city’s core business district, was acquired by Luck Ring Development, Land Registry records showed. The unit measures 21,318 sq ft, according to agents, putting the price at about HK$13,705 per square foot. Advertisement Luck Ring’s sole shareholder is Wah Mei Co, a firm registered in the British Virgin Islands, according to Companies Registry filings. Its three directors hold roles across a range of Hong Kong businesses, including Daniel & Co, a retailer of Japanese toys and collectibles such as Sanrio’s Hello Kitty, Bandai’s Tamagotchi and products from the Dragon Ball Super series. Advertisement The group did not immediately respond to requests for comment. Government records show the office was previously leased to tenants including the Philippine Overseas Labor Office and China National Geological & Mining (HK), which paid monthly rents ranging from HK$228,000 to HK$253,000 in 2014 and 2018 respectively.
Scotts Miracle-Gro press release ( SMG ): Q1 Non-GAAP EPS of -$0.77 beats by $0.23 . Revenue of $354.4M (-3.3% Y/Y) misses by $3.22M . Non-GAAP adjusted gross margin rate of 25.4% each improved by 90 basis points over prior year. Non-GAAP adjusted EBITDA of $3.0 million improved $2.1 million over prior year. Net leverage of 4.03x improved 0.49x versus last year. Additionally, the Board of Director...
Scotts Miracle-Gro press release ( SMG ): Q1 Non-GAAP EPS of -$0.77 beats by $0.23 . Revenue of $354.4M (-3.3% Y/Y) misses by $3.22M . Non-GAAP adjusted gross margin rate of 25.4% each improved by 90 basis points over prior year. Non-GAAP adjusted EBITDA of $3.0 million improved $2.1 million over prior year. Net leverage of 4.03x improved 0.49x versus last year. Additionally, the Board of Directors approved a share repurchase program authorizing the repurchase of up to $500 million of ScottsMiracle-Gro common stock. Fiscal 2026 Outlook The fiscal 2026 guidance that has been reaffirmed by the Company includes: U.S. Consumer net sales low single-digit growth Non-GAAP adjusted gross margin of at least 32% Non-GAAP adjusted net income per share from continuing operations of $4.15 to $4.35 vs. consensus of $4.30. Non-GAAP adjusted EBITDA mid single-digit growth Free cash flow of $275 million, driving leverage ratio down to the high 3’s Details for the first quarter of 2026 results are available in the accompanying financial tables. More on Scotts Miracle-Gro The Scotts Miracle-Gro Company Deserves To Grow (Upgrade) The Scotts Miracle-Gro Company (SMG) Presents at Raymond James TMT & Consumer Conference Transcript Scotts Miracle-Gro's Turnaround Is On Track Scotts Miracle-Gro Q1 2026 Earnings Preview Scotts Miracle-Gro upgraded at Stifel on earnings, margin outlook
Check out the companies making the biggest moves in the premarket: ASML — U.S.-listed shares of the semiconductor equipment giant reported record orders and issued strong 2026 guidance due to the artificial intelligence boom. The company also announced a share buyback program worth 12 billion euros. Texas Instruments — The chipmaker jumped more than 8% after issuing better-than-expected guidance f...
Check out the companies making the biggest moves in the premarket: ASML — U.S.-listed shares of the semiconductor equipment giant reported record orders and issued strong 2026 guidance due to the artificial intelligence boom. The company also announced a share buyback program worth 12 billion euros. Texas Instruments — The chipmaker jumped more than 8% after issuing better-than-expected guidance for the first quarter. Texas Instruments now sees earnings per share of between $1.22 and $1.48, and revenue between $4.32 billion and $4.68 billion. Analysts expected earnings of $1.26 per share on $4.42 billion in revenue in the quarter, according to LSEG. Texas Instruments missed Wall Street's fourth-quarter estimates for both earnings and revenue. Seagate Technology — The storage infrastructure stock slipped nearly 2% after despite posting strong fiscal second-quarter results. Seagate earned $3.11 per share after adjustments on revenue of $2.83 billion. Analysts polled by LSEG expected the company to earn $2.81 per share on revenue of $2.73 billion. Seagate had soared 30% in the past month before the latest earnings. Qorvo — The chipmaker plunged 10% after giving disappointing earnings guidance for its fiscal fourth quarter. Qorvo sees non-GAAP earnings per share around $1.20, while analysts polled by FactSet expected a forecast of $1.37 per share. F5 — The cloud computing and security company surged 13% after beating earnings and revenue expectations in its fiscal first quarter. F5 earned an adjusted $4.45 per share on revenue of $822 million, while analysts polled by LSEG estimated $3.65 per share per share on revenue of $758 million. Fiscal second quarter revenue guidance was far above the Street.
The emergence of such large-scale and varied transactions creates multiple pathways for independent renewable energy companies to engage with hyperscaler demand. Companies with substantial development pipelines and operational expertise may become acquisition targets, while those with shovel-ready projects or operating assets may find opportunities for portfolio sales. Traditional PPA relationship...
The emergence of such large-scale and varied transactions creates multiple pathways for independent renewable energy companies to engage with hyperscaler demand. Companies with substantial development pipelines and operational expertise may become acquisition targets, while those with shovel-ready projects or operating assets may find opportunities for portfolio sales. Traditional PPA relationships remain viable, particularly for companies that prioritize capital efficiency and development velocity over long-term asset ownership. "The evolution we're observing represents a fundamental restructuring of how digital infrastructure companies approach energy supply," said Dr. Richard Lu, CEO of PowerBank Corporation. "When hyperscalers transition from purchasing power through conventional PPAs to acquiring operating companies and development portfolios outright, it signals that traditional utility timelines and capacity allocation mechanisms are no longer adequate to meet the scale and speed of their requirements. This creates both challenges and opportunities for independent power producers like PowerBank that can deliver solar and battery storage projects capable of supporting 24/7 data center operations." Over the past month, three of the world's largest technology companies—Google, Amazon, and Meta—have announced major clean energy transactions representing distinctly different approaches to securing power supply. These developments underscore an accelerating transition in which hyperscalers are moving beyond traditional power purchase agreements (PPAs) to take direct ownership of generation assets and development portfolios, reflecting the urgency of meeting unprecedented energy requirements driven by artificial intelligence infrastructure expansion. TORONTO, Jan. 28, 2026 /CNW/ - PowerBank Corporation ( NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company" ), a North American renewable energy company focused on solar energy infrastructure, battery ...
Semiconductor stocks advanced Wednesday, supported by solid quarterly results from ASML Holding NV (NASDAQ:ASML) and an upbeat near-term outlook from Texas Instruments Inc. (NASDAQ:TXN) , adding to broader optimism across the technology sector. Texas Instruments' Outlook Offsets Modest Q4 Miss For the first quarter, Texas Instruments forecast revenue between $4.32 billion and $4.68 billion and ear...
Semiconductor stocks advanced Wednesday, supported by solid quarterly results from ASML Holding NV (NASDAQ:ASML) and an upbeat near-term outlook from Texas Instruments Inc. (NASDAQ:TXN) , adding to broader optimism across the technology sector. Texas Instruments' Outlook Offsets Modest Q4 Miss For the first quarter, Texas Instruments forecast revenue between $4.32 billion and $4.68 billion and earnings of $1.22 to $1.48 per share, compared with consensus estimates of $4.42 billion in revenue and $1.26 per share in earnings. The outlook helped offset concerns around the fourth-quarter miss. ASML Revenue Beat, Buyback Plan Lift Sector ASML reported fourth-quarter earnings of $8.61 per share, missing consensus estimates of $9.01, but revenue of $11.40 billion exceeded expectations of $11.11 billion and rose more than 15% from a year earlier. Reinforcing visibility, fourth-quarter net bookings surged to 13.2 billion euros, including 7.4 billion euros in EUV orders, lifting the backlog to 38.8 billion euros and underscoring sustained customer investment in advanced chipmaking tools. The company guided fiscal 2026 sales to $39.6 billion–$45.4 billion, broadly around the $41.0 billion consensus estimate, while forecasting first quarter 2026 sales of 8.2 billion euros–8.9 billion euros with a healthy gross margin of 51%–53%. The company also announced a 12 billion euros share buyback program running through 2028. AI Developments Add Momentum Market Reaction ASML Holding shares jumped 6.22% to $1,545.02 in Wednesday's premarket session, pushing the stock to a fresh 52-week high, according to Benzinga Pro data. The broader semiconductor space also traded higher, with Nvidia up 1.64% at $191.61, Taiwan Semiconductor rising 2.51% to $346.83, and Intel gaining 6.51% to $46.79. Broadcom advanced 1.65% to $338.29, while Advanced Micro Devices climbed 2.26% to $257.72. ON Semiconductor surged 5.03% to $65.78, Marvell Technology added 1.84% to $84.46, and ARM Holdings edged up 1.39%...
Men were jailed under much-criticised imprisonment for public protection scheme in England and Wales, or its equivalent for children Five men have had their indefinite sentences under the imprisonment for public protection (IPP) scheme, or its equivalent for children, referred for appeal. The decision by the Criminal Cases Review Commission (CCRC) was made in light of the court of appeal quashing ...
Men were jailed under much-criticised imprisonment for public protection scheme in England and Wales, or its equivalent for children Five men have had their indefinite sentences under the imprisonment for public protection (IPP) scheme, or its equivalent for children, referred for appeal. The decision by the Criminal Cases Review Commission (CCRC) was made in light of the court of appeal quashing three prisoners’ indeterminate sentences on the basis that their young age and maturity was not properly taken into account when they were sentenced. Benjamin Hibbert, who was convicted of three counts of sexual assault in 2009 and sentenced to a minimum tariff of two years. He was 15 or 16 at the time of the offences. Stuart O’Neill was 20 when sentenced to a minimum term of three years and six months for rape in 2009. Jay Davis was convicted of possessing a firearm with intent to cause fear or violence in 2006 and sentenced to a minimum term of nine months. He was 19 at the time of the offence. Luke Ings was convicted of two counts of robbery and two counts of battery in 2006 and sentenced to a minimum term of one year nine months minus 81 days on remand. He was 17 at the time of the offence. James Ward was convicted of arson and criminal damage in 2006 and sentenced to one year minus 63 days on remand. He was 20 at the time of the offence. Continue reading...
Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on AT&T AT&T Q4 Earnings: Margin Risks, Broadband Growth And More Buybacks AT&T Q4 Earnings Preview: Absurd Combination Of 4.7% Yield And 4.4x P/Cash Ratio AT&T: 3 Alternatives To The 6% Yielding Preferreds Before They Move To Junk AT&T Non-GAAP EPS of $0.52 beats by $0.05, revenue ...
Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on AT&T AT&T Q4 Earnings: Margin Risks, Broadband Growth And More Buybacks AT&T Q4 Earnings Preview: Absurd Combination Of 4.7% Yield And 4.4x P/Cash Ratio AT&T: 3 Alternatives To The 6% Yielding Preferreds Before They Move To Junk AT&T Non-GAAP EPS of $0.52 beats by $0.05, revenue of $33.5B beats by $620M AT&T, Verizon Q4 earnings on deck: What to expect
What to know ahead of the Fed decision, ASML sales smash expectations, Meta’s AI spending spree weighs on earnings outlook, and more news to start your day.
What to know ahead of the Fed decision, ASML sales smash expectations, Meta’s AI spending spree weighs on earnings outlook, and more news to start your day.
Julia Dorian/iStock Editorial via Getty Images I definitely don’t regret upgrading Boston Pizza ( BPZZF ) and putting it in the same bucket as my other Canadian Royalty Fund picks, alongside Diversified ( DIV:CA ) and Pizza Pizza ( PZA:CA ), both last year and again this year. The market’s view on this type of investment hasn’t really changed over the past couple of years. You get low exposure to ...
Julia Dorian/iStock Editorial via Getty Images I definitely don’t regret upgrading Boston Pizza ( BPZZF ) and putting it in the same bucket as my other Canadian Royalty Fund picks, alongside Diversified ( DIV:CA ) and Pizza Pizza ( PZA:CA ), both last year and again this year. The market’s view on this type of investment hasn’t really changed over the past couple of years. You get low exposure to the operational headaches of a traditional restaurant model, relatively predictable cash flows that often behave like a partial inflation hedge, and a hefty yield. In other words, pretty much everything an income-focused investor hopes for, especially when geopolitical noise is rising and the S&P is beginning to feel expensive . Shiller PE Ratio (Multpl) If you’ve been following my work, you’ll remember that I used to be more skeptical about Boston Pizza’s valuation relative to its Royalty Fund peers. I changed that view in the last article for three reasons: Same-store sales ran in the mid-single digits throughout FY 2025 after the promo mix was adjusted around a fixed-price $15 Deal . Higher same-store sales fed into distributable cash, and distributions followed, growing at roughly an 8% CAGR over the past three years. With distributions moving higher, the payout is still sitting at comfortable levels (around 88.8% in Q3 FY 2025), which gives some confidence that distributions can keep climbing without the fund having to lean on debt. Seeking Alpha Even looking back and noticing that I could have changed the rating earlier, my last slap on 'Buy' here delivered a total return of ~13.2%, far exceeding the S&P which delivered 7.3% in the same stretch. Not bad, if you ask me. Among the three names I mentioned earlier, Boston Pizza only trailed Diversified, which isn't even a pure restaurant fund. That says a lot. Even in what was a fairly soft quarter for QSR pizza in Canada, Boston Pizza held up well, in large part because it operates as a full-service concept and had alrea...
Corning press release ( GLW ): Q4 Non-GAAP EPS of $0.72 beats by $0.01 . Revenue of $4.41B (+14.0% Y/Y) beats by $50M . In Q1, management expects YoY growth to accelerate, with core sales up ~15% to a range of $4.2 billion to $4.3 billionvs $4.26B consensus, and core EPS growing to a range of $0.66 to $0.70 vs. $0.68 consensus Shares +2% PM. More on Corning Corning Q4 Preview: Gen AI Tailwinds Are...
Corning press release ( GLW ): Q4 Non-GAAP EPS of $0.72 beats by $0.01 . Revenue of $4.41B (+14.0% Y/Y) beats by $50M . In Q1, management expects YoY growth to accelerate, with core sales up ~15% to a range of $4.2 billion to $4.3 billionvs $4.26B consensus, and core EPS growing to a range of $0.66 to $0.70 vs. $0.68 consensus Shares +2% PM. More on Corning Corning Q4 Preview: Gen AI Tailwinds Are Real, But I Need Higher Earnings Power Corning: Executing Well, But The Stock Is Priced Well Ahead Of It Corning Remains Expensive, Even With Its Growth Plan Exceeding Expectations Corning's deal with Meta should boost optical business: Morgan Stanley Corning Q4 2025 Earnings Preview