mohd izzuan Shares of West Pharmaceutical Services ( WST ) climbed ~18% in the premarket on Thursday after the company raised its full-year outlook alongside its Q1 2026 results, which significantly exceeded Street forecasts, mainly due to demand for its packaging components. The Exton, Pennsylvania-based life sciences company reported $844.9M in revenue for the quarter with ~21% YoY growth, beati...
mohd izzuan Shares of West Pharmaceutical Services ( WST ) climbed ~18% in the premarket on Thursday after the company raised its full-year outlook alongside its Q1 2026 results, which significantly exceeded Street forecasts, mainly due to demand for its packaging components. The Exton, Pennsylvania-based life sciences company reported $844.9M in revenue for the quarter with ~21% YoY growth, beating the consensus by $65.5M, as its Proprietary Products Segment, which sells its packaging components, added $694.3M with a ~23% YoY rise. As for the Proprietary Products Segment, WST’s High-Value Product ("HVP") Components, including its Westar and NovaPure packaging components, added $409.3M in net sales with a ~30% YoY growth. Meanwhile, HVP Delivery Devices and Standard Products generated $123.6M and $161.4M with ~29% YoY and ~7% YoY growth, respectively, and the company’s Contract-Manufactured Products unit, recently renamed West Vantage, brought in $150.6M with ~12% YoY growth. “Our revenues grew 15% organically, driven by our High Value Products Components business with double-digit growth in both GLP-1 and non-GLP-1 revenues,” CEO Eric Green remarked. Meanwhile, the company’s adjusted operating profit margin rose to 21.4% from 17.9% in the prior period, and its adjusted diluted earnings per share climbed ~47% YoY to $2.13, topping the forecasts by $0.45. Looking ahead, West ( WST ) projected $830M-$850M in net sales for Q2 2026, indicating 7.0% - 9.6% in organic growth and exceeding the $818.5M projected by analysts. For 2026, the company estimated $3.295B - $3.350B in revenue and $8.40 - $8.75 in adjusted EPS compared to $3.215B - $3.275B and $7.85 - $8.20 previously and $3.25B and $8.01 in the consensus, respectively. More on West Pharmaceutical West Pharmaceutical Services, Inc. (WST) Presents at 2026 KeyBanc Capital Markets Healthcare Virtual Forum Transcript West Pharmaceutical Services, Inc. (WST) Presents at Barclays 28th Annual Global Healthcare Conference T...
Intel Corporation (NASDAQ:INTC) shares moved higher in premarket trading on Thursday after Tesla Inc (NASDAQ:TSLA) CEO Elon Musk indicated that the Terafab venture plans to adopt Intel’s advanced 14A semiconductor manufacturing process. Speaking during Tesla’s post-earnings call, Musk said the 14A node is “not yet totally complete,” but should be “probably fairly mature or ready for prime time” by...
Intel Corporation (NASDAQ:INTC) shares moved higher in premarket trading on Thursday after Tesla Inc (NASDAQ:TSLA) CEO Elon Musk indicated that the Terafab venture plans to adopt Intel’s advanced 14A semiconductor manufacturing process. Speaking during Tesla’s post-earnings call, Musk said the 14A node is “not yet totally complete,” but should be “probably fairly mature or ready for prime time” by the time Terafab reaches scale.
imaginima/iStock via Getty Images I've kept New Oriental Education ( EDU ) (9901.HK) as a Buy-rated name. Both the company's 3QFY26 (YE May) results and Q4 guidance were superior than what the market hoped for. Its shares are also attractively-priced based on a peer comparison. The earlier January 30, 2026 write-up highlighted my constructive view of its second quarter 'beat-and-raise'. Results To...
imaginima/iStock via Getty Images I've kept New Oriental Education ( EDU ) (9901.HK) as a Buy-rated name. Both the company's 3QFY26 (YE May) results and Q4 guidance were superior than what the market hoped for. Its shares are also attractively-priced based on a peer comparison. The earlier January 30, 2026 write-up highlighted my constructive view of its second quarter 'beat-and-raise'. Results Topped Expectations The group published a 6-K revealing its recent financials on April 22. EDU's topline expansion improved from 2QFY2026's +14.7% to 3QFY2026's +19.8% on a YoY basis. Its normalized EPS was also 37% higher than the same quarter a year ago. I'm impressed with the firm's better-than-anticipated showing. The $1.42B turnover and $0.95/ADS bottom-line for the latest three-month period beat the consensus projections by 4.3% and 12.6% , respectively. My take is that increased wallet share and a leaner operational model boosted EDU's quarterly numbers. At the analyst briefing , the company indicated that "paid users pay more money and enroll more subjects at the same time." That drove up its combined "nonacademic tutoring and learning device" revenues by 23% year-on-year in 3QFY26. I think it has found success in cross-selling different educational solutions to students. Also, its EBIT-to-sales widened 2.3ppts YoY to 14.3% for the Dec '25 to Feb '26 quarter. That's 10bps above the sell-side's prediction as per S&P Capital IQ. The enterprise lowered its OPEX-to-revenue by 360bps between 3QFY2025 and 3QFY2026 due to disciplined footprint extension. Its call commentary mentioned that the "net addition of the new learning centers in first 3 quarters was 8%." This is less aggressive than the original low-to-mid teens goal. Anticipating A Similar High-Teens Growth Next Quarter The mid-point of EDU's 4QFY2026 top-line guide is $1,448.3M, implying a 17% rise. According to S&P Capital IQ, analysts were previously forecasting a more modest $1.43B. In my opinion, the company's ...
Backiris Global markets are dangerously over-optimistic about the energy crisis unfolding in the Middle East, and the world economy faces a “hard stop” as oil and gas supplies dry up, according to analyst David Roche from Quantum Strategy. In an interview with CNBC, Roche warned that the current blockade of shipping routes through the Strait of Hormuz and the Red Sea will soon translate into sever...
Backiris Global markets are dangerously over-optimistic about the energy crisis unfolding in the Middle East, and the world economy faces a “hard stop” as oil and gas supplies dry up, according to analyst David Roche from Quantum Strategy. In an interview with CNBC, Roche warned that the current blockade of shipping routes through the Strait of Hormuz and the Red Sea will soon translate into severe fuel shortages that could contract global GDP by 3%. “There are virtually no tankers leaving the Gulf. There are no tankers leaving the Red Sea,” Roche explained. He described the current situation as “flying along in the markets close to their peaks at 30,000 feet, and unfortunately, the tanks are running dry.” Roche argued that Iran has no incentive to relinquish control of the Strait of Hormuz, which he characterized as their “new nuclear weapon.” With Iranian-backed Houthis controlling the Red Sea and the IRGC controlling the entrance to the Gulf, Iran has effectively gained leverage over both regional Gulf states and the broader global economy. The analyst dismissed the market’s apparent belief that the crisis will resolve quickly if the U.S. withdraws from the conflict. “The markets are believing in the cloud cuckoo land story that Trump will up stumps and go home,” Roche said. Even in that scenario, he predicted that oil flows would not return to normal because Iran would remain in control of shipping routes. Roche emphasized that the situation has moved beyond initial inflationary pressures at the gas pump to a more severe phase. “We’re now moving to the second stage, which is there is no gas price at the pump,” he said, predicting that within months the global economy will need to dramatically reduce fuel demand. The analyst concluded that despite losing the direct military conflict, Iran and the IRGC have emerged with greater strategic power than they possessed before the war began. This leaves markets fundamentally disconnected from the economic and political r...
Peapack-Gladstone Financial press release ( PGC ): Q1 Net Income: $14.2 million, or $0.80 per diluted share Net Interest Income: $59.9 million, representing the eighth consecutive quarter of growth Net Interest Margin: 3.26%, an increase of 18 basis points compared to the previous quarter and 58 basis points year-over-year Loan Growth: $6.4 billion in total loans, an increase of $686 million year-...
Peapack-Gladstone Financial press release ( PGC ): Q1 Net Income: $14.2 million, or $0.80 per diluted share Net Interest Income: $59.9 million, representing the eighth consecutive quarter of growth Net Interest Margin: 3.26%, an increase of 18 basis points compared to the previous quarter and 58 basis points year-over-year Loan Growth: $6.4 billion in total loans, an increase of $686 million year-over-year Shareholders' Equity: $699 million at March 31, 2026, an increase of $77 million year-over-year More on Peapack-Gladstone Financial Seeking Alpha’s Quant Rating on Peapack-Gladstone Financial Historical earnings data for Peapack-Gladstone Financial Dividend scorecard for Peapack-Gladstone Financial Financial information for Peapack-Gladstone Financial
Iranian state TV aired what it says is a video of Iran's navy seizing vessels in the Strait of Hormuz, while the US said it intercepted two Iranian supertankers trying to evade its blockade, as talks to end the war remained in limbo. (Source: Bloomberg)
Iranian state TV aired what it says is a video of Iran's navy seizing vessels in the Strait of Hormuz, while the US said it intercepted two Iranian supertankers trying to evade its blockade, as talks to end the war remained in limbo. (Source: Bloomberg)
JHVEPhoto Thanks to increased ad revenue from the Super Bowl and Winter Olympics, Comcast ( CMCSA ) beat revenue expectations and saw fewer subscriber losses to its residential broadband service, helping offset a decline in profitability that was largely due to increased spending on special events. Shares are up more than 5% into Thursday’s open. “2026 is an important year of execution, and we’re ...
JHVEPhoto Thanks to increased ad revenue from the Super Bowl and Winter Olympics, Comcast ( CMCSA ) beat revenue expectations and saw fewer subscriber losses to its residential broadband service, helping offset a decline in profitability that was largely due to increased spending on special events. Shares are up more than 5% into Thursday’s open. “2026 is an important year of execution, and we’re seeing tangible early signs our pivot is taking hold,” said Brian Roberts and Mike Cavanagh, Comcast co-CEOs. “Legendary February showcased the strength of our Media portfolio, leveraging the Milan Cortina Winter Olympics and the Super Bowl to drive record advertising and strong Peacock growth.” In the media segment, Comcast ( CMCSA ) realized a 135.3% surge in ad revenue from the Olympics and Super Bowl (+4.7% excluding those two events) that helped generate $31.5B in total revenue, more than a billion dollars more than anticipated. The company’s profits on a per share basis declined, however, by 27.5% to $0.79 per share, though still beat expectations by $0.06. Adjusted EBITDA was lower as well, at $7.93B versus $9.5B in the same quarter last year. While Comcast ( CMCSA ) continued to lose domestic residential broadband customers (65K), the loss was less than the 173K anticipated. In its Residential Connectivity & Platforms segment, revenue generated by its Xfinity Mobile business increased 15% to $977M, helping offset declines in video and domestic broadband In streaming, the company’s Peacock service added 12% new subscribers during the quarter, to 46M, with revenue growth of 71%, passing the $2B milestone for the first time. And in its Theme Parks segment, the addition of its Epic Universe theme park—which opened last May—contributed to a 24.2% increase in revenue to $2.33B. More on Comcast Comcast Has Finally Fallen Low Enough To Get Interesting Comcast: Broadband Customer Base In Focus Ahead Of Q1 Comcast Looks Intriguing Here, But History Remains A Concern Comcast N...
Retirees may be in for a rude awakening in the not-too-distant future unless Congress does something to fix Social Security. The government-funded retirement pension program is headed for insolvency in just a few years as its annual deficit grows larger. The most recent estimates indicate that the Old-Age and Survivors Insurance trust fund will run out of cash before the end of 2032. It might be a...
Retirees may be in for a rude awakening in the not-too-distant future unless Congress does something to fix Social Security. The government-funded retirement pension program is headed for insolvency in just a few years as its annual deficit grows larger. The most recent estimates indicate that the Old-Age and Survivors Insurance trust fund will run out of cash before the end of 2032. It might be able to dip into the Disability Insurance trust to pay retirement benefits at that point, but those funds would run out by the middle of 2034. There are a host of theories about why Social Security is running out of money, ranging from mostly accurate to wildly inaccurate, but Social Security Chief Actuary Karen P. Glenn set the record straight last month in Congressional testimony. The real reason Social Security is going bankrupt comes down to a few simple economic realities. Continue reading