(RTTNews) - TIM Group (TIAOF.PK), formerly known as Telecom Italia SpA, reported that its net profit attributable to the owners of the parent company for fiscal year 2025 was 297 million euros compared to a net loss of 610 million euros in 2024. The Group's net result for 2025, before minority interests, was positive at 519 million euros, compared to a loss of 364 million euros the previous year, ...
(RTTNews) - TIM Group (TIAOF.PK), formerly known as Telecom Italia SpA, reported that its net profit attributable to the owners of the parent company for fiscal year 2025 was 297 million euros compared to a net loss of 610 million euros in 2024. The Group's net result for 2025, before minority interests, was positive at 519 million euros, compared to a loss of 364 million euros the previous year, and benefits from non-recurring income totaling 157 million euros. Annual group revenues were 13.7 billion euros, an increase of 2.7% from prior year. TIM S.p.A., on the other hand, made a net loss of 155 million euros, a sharp improvement compared to a loss of 1.2 billion euros in 2024. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Hong Kong stocks fell on Thursday as the Middle East conflict showed no signs of ending and oil prices rose again. The Hang Seng Index traded 0.1 per cent lower at 25,848 as of 9.40am. The Hang Seng Tech Index added 0.1 per cent. On the mainland, the CSI 300 Index eased 0.2 per cent and the Shanghai Composite Index barely changed. Iraq announced the closure of oil ports after two tankers were atta...
Hong Kong stocks fell on Thursday as the Middle East conflict showed no signs of ending and oil prices rose again. The Hang Seng Index traded 0.1 per cent lower at 25,848 as of 9.40am. The Hang Seng Tech Index added 0.1 per cent. On the mainland, the CSI 300 Index eased 0.2 per cent and the Shanghai Composite Index barely changed. Iraq announced the closure of oil ports after two tankers were attacked, outweighing the impact of a record release of emergency oil reserves by wealthy nations. Oil prices traded near US$100 a barrel again after retreating earlier in the week. Advertisement Brent crude jumped 8 per cent to US$99.50 a barrel before edging down to US$97.70 and West Texas Intermediate rose to US$93.20 a barrel. After the International Energy Agency said this week that its member countries would release 400 million barrels of oil from their emergency stocks, the largest volume of emergency oil release in its history, the US announced plans to release 172 million barrels as part of its efforts to cool down soaring oil prices. Advertisement Chinese beverage company Nongfu Spring led the declines, falling 3.9 per cent to HK$43.62. Sportswear giant Li Ning fell 2.8 per cent to HK$20.02. CMOC Group, one of China’s biggest miners, lost 2.7 per cent to HK$20.04.
Lodge Hill Capital initiated a new position in H&R Block (HRB +1.33%) during the fourth quarter, acquiring 800,000 shares worth $34.86 million, according to a February 17, 2026, SEC filing. What happened According to a SEC filing dated February 17, 2026, Lodge Hill Capital initiated a new position in H&R Block, purchasing 800,000 shares. The quarter-end value of the stake increased by $34.86 milli...
Lodge Hill Capital initiated a new position in H&R Block (HRB +1.33%) during the fourth quarter, acquiring 800,000 shares worth $34.86 million, according to a February 17, 2026, SEC filing. What happened According to a SEC filing dated February 17, 2026, Lodge Hill Capital initiated a new position in H&R Block, purchasing 800,000 shares. The quarter-end value of the stake increased by $34.86 million as a result. What else to know This was a new position; H&R Block represents 6.59% of Lodge Hill Capital’s 13F reportable AUM as of December 31, 2025. Top five holdings after the filing: NYSE: RKT: $42.71 million (8.1% of AUM) NYSE: APO: $42.40 million (8.0% of AUM) NYSE: BCO: $39.69 million (7.5% of AUM) NYSE: OC: $35.65 million (6.7% of AUM) NYSE: HRB: $34.86 million (6.6% of AUM) As of February 17, 2026, H&R Block shares were priced at $30.53, down a staggering 40% over the past year and significantly underperforming the S&P 500, which is instead up about 20%. Company overview Metric Value Revenue (TTM) $3.79 billion Net Income (TTM) $613.78 million Dividend Yield 5.21% Price (as of market close 2/17/26) $30.53 Company snapshot H&R Block offers assisted and DIY tax preparation services, refund-related products, prepaid cards, and small business financial solutions across the United States, Canada, and Australia. The firm generates revenue primarily through service fees for tax preparation, financial products, and franchise operations, leveraging a network of company-owned and franchised retail offices as well as digital channels. It targets individual taxpayers and small businesses seeking professional assistance with tax compliance, refund management, and related financial services. H&R Block is a leading provider of tax preparation services, operating at scale through both physical retail locations and digital platforms. The company combines a broad geographic footprint with a diversified suite of financial products tailored to individual and small business clients....
Software giant Atlassian has announced it is laying off about 10% of its workforce, or roughly 1,600 positions, and replacing its chief technology officer as it restructures to invest further in artificial intelligence. More than 900 affected positions were involved in software research and development, a spokesperson said. Most of Atlassian’s employees work in software engineering and design, acc...
Software giant Atlassian has announced it is laying off about 10% of its workforce, or roughly 1,600 positions, and replacing its chief technology officer as it restructures to invest further in artificial intelligence. More than 900 affected positions were involved in software research and development, a spokesperson said. Most of Atlassian’s employees work in software engineering and design, accounting for over 50% of its 13,813 full-time workforce in June 2025. About 640 affected employees are in North America, 480 in Australia and 250 in India, with the remainder spread across Japan, the Philippines, Europe, the Middle East and Africa, according to the spokesperson. The company’s co-founder, Mike Cannon-Brookes, told employees the move was “the right decision for Atlassian” in a note circulated late Wednesday, US time. “But that doesn’t mean it’s easy,” he said. “Far from it. I know this has a huge impact on each of you, and it weighs heavily on me and Atlassian today.” Atlassian has lost more than half its market value since the start of 2026 as traders grow to fear AI will make the software company’s services obsolete. The share price plunge has wiped more than half the net worth of the company’s Australian founders, Cannon-Brookes and Scott Farquhar. Cannon-Brookes suggested in his statement that AI use had changed the skills and roles the company needed, allowing a restructure to strengthen the company’s financial standing and “self-fund further investment in AI and enterprise sales”. Addressing the question of whether AI had replaced the 1,600 sacked employees, he wrote: “Our approach is not ‘AI replaces people’. But it would be disingenuous to pretend AI doesn’t change the mix of skills we need or the number of roles required in certain areas.” Atlassian left its Slack work chat functions open for at least six hours longer than usual, to permit employees to farewell their colleagues, Cannon-Brookes said. “To Atlassians who are leaving us – I’m sorry for th...
rawintanpin/iStock via Getty Images Market review and outlook The Bloomberg US Aggregate Bond Index returned 1.10% during Q4, bringing year-to-date performance for the index to 7.30%, the best annual performance since 2020. After lowering the Fed Funds rate by 100 basis points (bps) in 2024 and an additional 75 bps in 2025, market expectations are for the Federal Reserve to remain on hold for the ...
rawintanpin/iStock via Getty Images Market review and outlook The Bloomberg US Aggregate Bond Index returned 1.10% during Q4, bringing year-to-date performance for the index to 7.30%, the best annual performance since 2020. After lowering the Fed Funds rate by 100 basis points (bps) in 2024 and an additional 75 bps in 2025, market expectations are for the Federal Reserve to remain on hold for the foreseeable future. The one caveat to this outlook? Changes at the Federal Reserve with the unresolved court case for Lisa Cook, the pending departure of Jerome Powell and potential dovish appointments from the current administration. While the labor market has shown signs of weakness – the unemployment rate averaged 4.2% in 2025 and rates for recent months have been trending higher – the current rate is significantly lower than the 40-year average of 5.7%. From an inflation standpoint, the recent lowering trend bodes well for the consumer, as Core CPI dipped to 2.6% in the most recent data, following a period of holding at or slightly above 3% in prior months. Updates by sector Treasury The yield curve extended its year-long steepening trend into Q4. The 30-year Treasury yield rose 11.3 bps in Q4 on uncertainty around the future path of inflation, ending the year at 4.84%, while the two-year Treasury yield fell 13.5 bps to 3.47%. The market moved ahead of the Fed early in the year, pushing the two-year yield lower before the Federal Reserve followed. By year end, however, expectations and policy had converged: the Fed cut the federal funds rate by 75 bps over the final four months of the year, and the two-year Treasury yield declined nearly 77 bps in 2025. Corporate The investment-grade corporate market, as measured by the Bloomberg US Corporate Bond Index, struggled in Q4, posting the lowest quarterly return of 2025 (+0.84%) and the weakest result since Q4 2024 (-3.04%). Spreads reversed course and widened nearly 4 bps during the quarter, rising from 73.8 bps to 77.5 bps....
Oman has evacuated all vessels from its key oil export terminal at Mina Al Fahal as a precautionary measure, according to people who directly received a notice from a port agent. Mina Al Fahal, which sits outside the Strait of Hormuz, is one of the few remaining ports from which Middle Eastern crude can be shipped to global markets. Iranian attacks in the wider region, however, have made the water...
Oman has evacuated all vessels from its key oil export terminal at Mina Al Fahal as a precautionary measure, according to people who directly received a notice from a port agent. Mina Al Fahal, which sits outside the Strait of Hormuz, is one of the few remaining ports from which Middle Eastern crude can be shipped to global markets. Iranian attacks in the wider region, however, have made the waters nearby unsafe. The Oman port authority and the local port agent didn’t immediately respond to requests for comment outside business hours. The evacuation order came after drones struck fuel tanks at Oman’s Salalah Port on Wednesday, while others were intercepted, according to the state-run Oman News Agency, which cited a security source. Salalah has since suspended operations at its container and general cargo terminals, while other Omani ports are working normally, according to a report from Inchcape Shipping services. The evacuations in Oman show how the Middle Eastern crisis is deepening and now threatening oil shipments from terminals outside the Hormuz strait. Loadings from Fujairah, in the United Arab Emirates and also outside the strait, are continuing, but some shipowners are avoiding the port due to the risk of attacks. Saudi Arabia, meanwhile, is sending oil via a pipeline to Bunyan on its Red Sea coast. Around 1 million barrels a day of Omani oil are exported from Mina Al Fahal, according to data intelligence firm Kpler. The grade was priced at around $121 a barrel as of Wednesday’s close, well above global benchmark Brent.