Morgan Stanley analyst Rajeev Sibal tells Bloomberg TV that global equity markets have not fully absorbed the impact of the energy shock stemming from the disruption in the Strait of Hormuz, advising that the situation may weigh on growth sentiment.
Morgan Stanley analyst Rajeev Sibal tells Bloomberg TV that global equity markets have not fully absorbed the impact of the energy shock stemming from the disruption in the Strait of Hormuz, advising that the situation may weigh on growth sentiment.
BalkansCat/iStock Editorial via Getty Images I'm now bullish on ManpowerGroup Inc. ( MAN ). Its better-than-anticipated 1Q2026 performance and 2Q26 outlook warrant a valuation re-rating. My previous October 18, 2024, write-up mentioned the divergence in MAN's trajectory for the near future and longer term. Q1 Top And Bottom Line Beat The firm unveiled its latest financials in an 8-K filing issued ...
BalkansCat/iStock Editorial via Getty Images I'm now bullish on ManpowerGroup Inc. ( MAN ). Its better-than-anticipated 1Q2026 performance and 2Q26 outlook warrant a valuation re-rating. My previous October 18, 2024, write-up mentioned the divergence in MAN's trajectory for the near future and longer term. Q1 Top And Bottom Line Beat The firm unveiled its latest financials in an 8-K filing issued on April 16. MAN's year-on-year turnover expansion went from +7.1% for Oct-Dec '25 to +10.3% in Jan-Mar '26. Its 1Q2026 normalized EPS rose 15.9% YoY, representing a reversal from the preceding quarter's 9.8% drop. The group's first-quarter sales and normalized net income of $4.51 billion and $0.51/share surpassed analysts' projections by 2.2% and 4.6% , respectively. In my opinion, its solid showing was attributable to Europe's outperformance, AI-related initiatives, and productivity enhancements. The company's Spanish operations registered the fastest 1Q revenue growth among all the markets at 13% YoY in constant-currency terms. Its French unit turned around from a -3% contraction in 4Q25 to achieve a flattish topline for 1Q26. The latter is MAN's 2nd biggest division by geography, trailing only the United States. Its robust European showing aligns with SA contributor "Marc Chandler's" analysis indicating that "the eurozone’s manufacturing PMI has risen each month in Q1." Separately, MAN's results slides drew attention to "$200 million of incremental revenue" generated by its new "AI-powered sales targeting engine." President Becky Frankiewicz also revealed at the April 16 briefing that it "reduced screening time by 67%" with "AI-led interviews." It's clear to me that the enterprise has utilized technology to boost growth and efficiency. Adjusted for foreign exchange effects, MAN's 1Q2026 "Selling, General & Administrative" or "SG&A" expenditures were 4% lower YoY. The recent three-month SG&A-to-sales metric was 15.6%, implying a 60 bps decline. These were credited to "st...
Debs is back from the dead and out for glory. Plus: Lenny Henry faces a tough grilling from the Assembly crew. Here’s what to watch this evening 9pm, Sky Atlantic To paraphrase Mark Twain, reports of Deborah’s death have been greatly exaggerated (“TMZ got a bad tip”), as the fifth and final season begins. Determined to “shift the narrative”, she works on bagging a Grammy and an Oscar in this openi...
Debs is back from the dead and out for glory. Plus: Lenny Henry faces a tough grilling from the Assembly crew. Here’s what to watch this evening 9pm, Sky Atlantic To paraphrase Mark Twain, reports of Deborah’s death have been greatly exaggerated (“TMZ got a bad tip”), as the fifth and final season begins. Determined to “shift the narrative”, she works on bagging a Grammy and an Oscar in this opening double bill. Will her “Mexican music album” strategy succeed? And could her autograph signing session be any worse? Ali Catterall Continue reading...
peepo M-tron Industries ( MPTI ) has secured a $2.7 million production contract to supply high-performance oven-controlled crystal oscillators for a U.S. Department of Defense C-UAS radar program. The program is gaining strong support from U. S. defense channels and ally nations, with production expected to continue past 2030 , underscoring Mtron's leadership in providing precision RF components. ...
peepo M-tron Industries ( MPTI ) has secured a $2.7 million production contract to supply high-performance oven-controlled crystal oscillators for a U.S. Department of Defense C-UAS radar program. The program is gaining strong support from U. S. defense channels and ally nations, with production expected to continue past 2030 , underscoring Mtron's leadership in providing precision RF components. The project work will be conducted in Orlando, Florida, through mid-2027. "This win not only adds meaningful visibility to our near-term revenue, but also reinforces the trust customers are placing in our ability to deliver high-quality, reliable solutions. Radar applications are an area in which we are seeing explosive growth as we help address the changing needs of the joint forces on the modern battlefield ," said Cameron Pforr , Mtron CEO. More on M-tron Industries M-Tron Industries: A Hidden RF Player Behind Missile Systems, Fairly Valued M-tron Industries, Inc. (MPTI) Q4 2025 Earnings Call Transcript M-tron Industries, Inc. (MPTI) Presents at Sidoti March Small-Cap Virtual Conference - Slideshow M-tron signals expanded acquisition strategy and $76.4M backlog amid strong defense demand Seeking Alpha’s Quant Rating on M-tron Industries
A Pakistan-flagged tanker that entered the Persian Gulf over the weekend has become the first carrier to exit through the Strait of Hormuz with a crude cargo since a US blockade began on Monday, underscoring just how limited traffic through the vital chokepoint remains. The Shalamar sailed just south of Iran’s Larak island and out into the Gulf of Oman late Thursday with around 450,000 barrels of ...
A Pakistan-flagged tanker that entered the Persian Gulf over the weekend has become the first carrier to exit through the Strait of Hormuz with a crude cargo since a US blockade began on Monday, underscoring just how limited traffic through the vital chokepoint remains. The Shalamar sailed just south of Iran’s Larak island and out into the Gulf of Oman late Thursday with around 450,000 barrels of crude loaded at Das Island in the United Arab Emirates, according to ship-tracking data. The Aframax tanker, only half full, is signaling Karachi as its destination. Transits through the narrow waterway have been mostly in single digits since US and Israeli strikes began at the end of February and, after a weekend spike , they have returned to those low levels. A US Navy blockade now requires shipowners to clear both Iranian and American authorities in order to move oil and other goods from the Persian Gulf to the world. Though a trio of supertankers laden with non-Iranian crude made it out last week, few others with such cargoes have crossed Hormuz over the past seven weeks, even before US warships closed in. Even with apparent clearance from Iran for some Pakistan vessels, that makes the Shalamar’s crossing — after just days in the Gulf — even more unusual. Until the latest US maneuver, Iran’s own fleet had continued to trickle through, transporting nearly 1.7 million barrels per day of crude exports in March. That flow has now largely stopped as both sides consider a fresh round of negotiations. Shalamar first attempted to cross Hormuz into the Persian Gulf on Sunday, but it u-turned as peace talks between Iran and the US broke down. It made the passage a few hours later, headed for the UAE’s Das Island. Then came a US blockade of Iran’s coastline — announced by President Donald Trump and in effect from Monday — leaving shipowners to reassess the risks of any crossing. Shalamar began to head east on Thursday and is currently in Gulf of Oman heading into the Arabian Sea. ...