Clariant AG press release ( CLZNF ): Q1 sales decreased by 2% in local currencies to CHF 918M with the Middle East conflict impacting Catalyst volumes and portfolio pruning affecting Care Chemicals. EBITDA margin before exceptional items of 17.5% decreased by 130 basis points compared to a strong Q1 2025. Guidance 2026 remains unchanged, while Middle East conflict is particularly impacting demand ...
Clariant AG press release ( CLZNF ): Q1 sales decreased by 2% in local currencies to CHF 918M with the Middle East conflict impacting Catalyst volumes and portfolio pruning affecting Care Chemicals. EBITDA margin before exceptional items of 17.5% decreased by 130 basis points compared to a strong Q1 2025. Guidance 2026 remains unchanged, while Middle East conflict is particularly impacting demand in the Catalysts business, causing increasing input costs, and overall elevated uncertainty and volatility. The company continues to expect sales in local currency to be around flat as it looks to offset a negative top-line impact for the group of 1% (2% in Care Chemicals) from its portfolio pruning in the prior year. Clariant expects an EBITDA margin before exceptional items of around 18% in 2026.
Vale’s CFO Marcelo Bacci says strong demand from China is keeping the iron ore market resilient. The Brazilian iron ore producer reported disappointing first-quarter results. In an interview on Bloomberg's "The Pulse with Francine Lacqua" on May 6, Bacci also warned that the inflationary impact of a prolonged conflict in the Middle East would end up eroding demand. (Source: Bloomberg)
Vale’s CFO Marcelo Bacci says strong demand from China is keeping the iron ore market resilient. The Brazilian iron ore producer reported disappointing first-quarter results. In an interview on Bloomberg's "The Pulse with Francine Lacqua" on May 6, Bacci also warned that the inflationary impact of a prolonged conflict in the Middle East would end up eroding demand. (Source: Bloomberg)
Frank Warren writes in his BBC Sport column about how hard it is to promote both Fabio Wardley and Daniel Dubois for their heavyweight world title fight.
Frank Warren writes in his BBC Sport column about how hard it is to promote both Fabio Wardley and Daniel Dubois for their heavyweight world title fight.
Sundry Photography Cloudflare ( NET ) said it will lay off more than 1,100 employees globally, or about 20% of its workforce, as it ramps up its shift to an agentic AI-first operating model to boost efficiency and productivity. The announcement came as the company posted better-than-expected Q1 results, although its shares sank 19% after hours on Thursday. "We are reimagining every internal proce...
Sundry Photography Cloudflare ( NET ) said it will lay off more than 1,100 employees globally, or about 20% of its workforce, as it ramps up its shift to an agentic AI-first operating model to boost efficiency and productivity. The announcement came as the company posted better-than-expected Q1 results, although its shares sank 19% after hours on Thursday. "We are reimagining every internal process — from engineering to finance to sales — to run on an agentic AI backbone on our Workers platform," Cloudflare ( NET ) CEO Matthew Prince said in an earnings call. "This is not a cost-cutting exercise or an assessment of the individuals’ performance. It is about defining how a world-class, high-growth company operates and creates value in the agentic AI era," he added. In a blog post, Cloudflare ( NET ) noted that AI use across the company increased by more than 600% in the last three months. "We do not just build and sell AI tools and platforms — we are our own most demanding customer," Prince said. "AI and agents are no longer pilot projects at Cloudflare; they are now core parts of our workforce." "We continue to expect growth in the net capacity of our quota-carrying salesforce to accelerate in 2026," Cloudflare ( NET ) CFO Thomas Seifert said. The layoffs will result in severance and other restructuring charges of $140M-$150M in 2026, of which around $40M is non-cash, with the majority concentrated in Q2. More on CloudFlare Cloudflare Q1 Preview: Up 90% Since My Buy Call, But You're Too Late (Rating Downgrade) Cloudflare: Developer Platform Driving Stronger Growth Cloudflare's Agentic AI Premium Overly Done - Further Consolidation Likely Cloudflare plunges after Q2 revenue guidance falls just shy of expectations
(RTTNews) - Hankook Tire & Technology (161390.KS) reported that its first quarter net income attributable to shareholders of the parent company totaled 346.16 billion Korean Won, 8.28% higher than 319.69 billion won in the comparable period of the previous year. Operating income
(RTTNews) - Hankook Tire & Technology (161390.KS) reported that its first quarter net income attributable to shareholders of the parent company totaled 346.16 billion Korean Won, 8.28% higher than 319.69 billion won in the comparable period of the previous year. Operating income
imaginima/E+ via Getty Images By Kyle Richards Total shareholder yields combine dividends and buybacks to create a more complete view of returns to shareholders. Backed by stable cash flows from fee-based businesses, the energy infrastructure sector continues to rely on dividends as its primary method of returning capital to investors. Since an inflection in free cash flow in 2020-21, companies ha...
imaginima/E+ via Getty Images By Kyle Richards Total shareholder yields combine dividends and buybacks to create a more complete view of returns to shareholders. Backed by stable cash flows from fee-based businesses, the energy infrastructure sector continues to rely on dividends as its primary method of returning capital to investors. Since an inflection in free cash flow in 2020-21, companies have also supported shareholder returns with buybacks. This note examines the total shareholder yield at the index level for MLPs and changes over the last few years. Examining MLP/Midstream Shareholder Yields While admittedly backwards-looking, total shareholder yields can be helpful context and highlight trends over time. The chart below shows the trailing 12-month (TTM) dividend yields and buyback yields for the Alerian MLP Infrastructure Index (AMZI) and the Alerian Midstream Energy Select Index (AMEI) at the end of each year. AMEI, which is 75% US and Canadian midstream C-corps and 25% MLPs, is used to represent broader midstream. Buybacks, including share repurchases from parent companies, are based on full-year repurchases from annual reports. The chart also includes annual index price returns as important context to yield data. Index market cap, the denominator in the yield calculation, increased throughout the periods shown, which puts downward pressure on yields. In 2025, midstream took a breather and ended the year largely flat. This, combined with dividend growth, resulted in higher yields at the end of the year. The text below digs more into the data for MLPs and broader midstream. MLPs: Yields Rebound on Strong Distribution Growth as Buybacks Shrink After a dip in 2024, due to strong price performance, the TTM dividend (distribution) yield for AMZI rebounded to 7.5% in 2025. This increase was driven by 9.8% normalized distribution growth for AMZI for the year, paired with a relatively flat price return. With last year’s TTM dividend yield the highest since 2021,...
Airtel Africa Plc press release ( AAFRF ): FY basic EPS of 18.6 cents compares to 6.0 cents in the prior period. Profit after tax of $813M improved from $328M in the prior period. Revenue rose 29.5% to $6,415M. Airtel Money continued to scale and deepen engagement, with an expanded customer base of 54.1M, up by 21.3% year-on-year. More on Airtel Africa Plc Historical earnings data for Airtel Afric...
Airtel Africa Plc press release ( AAFRF ): FY basic EPS of 18.6 cents compares to 6.0 cents in the prior period. Profit after tax of $813M improved from $328M in the prior period. Revenue rose 29.5% to $6,415M. Airtel Money continued to scale and deepen engagement, with an expanded customer base of 54.1M, up by 21.3% year-on-year. More on Airtel Africa Plc Historical earnings data for Airtel Africa Plc Dividend scorecard for Airtel Africa Plc Financial information for Airtel Africa Plc
Jakub Porzycki | Nurphoto | Getty Images U.S. tech stocks are back in vogue after another stellar earnings season, but Morningstar analysis suggests the sector offers the best value to investors in years. Market chatter in 2024 and 2025 frequently referenced fears of a "bubble" emerging in the top end of the U.S. equity market, as the "magnificent seven" reached increasingly lofty valuations large...
Jakub Porzycki | Nurphoto | Getty Images U.S. tech stocks are back in vogue after another stellar earnings season, but Morningstar analysis suggests the sector offers the best value to investors in years. Market chatter in 2024 and 2025 frequently referenced fears of a "bubble" emerging in the top end of the U.S. equity market, as the "magnificent seven" reached increasingly lofty valuations largely thanks to hype surrounding artificial intelligence. That peaked in October 2025, when the forward P/E ratio for the S&P 500 Information Technology sector reached over 30x, according to FactSet. But a succession of strong earnings seasons since then has allowed tech stocks to "grow into" their stock prices, by increasing the "E" denominator in the price-earnings equation, and thereby lowering the valuation multiple. Morningstar research suggests the AI theme is now trading at its largest discount since 2019. Using the researchers' own price-to-fair-value metric, it marks a "fantastic entry point" in the sector, according to chief equity strategist Michael Field. "AI isn't a bubble that's going to burst anytime soon – the underlying fundamentals are robust," said Field. "Demand for semiconductors is beating expectations and key drivers like data centers and infrastructure remain intact. The AI story has further to go, and investors should make the most of it while these opportunities still exist." Stock Chart Icon Stock chart icon U.S. tech stocks could offer their cheapest valuations in years Morningstar's research pointed to the U.S. equity market volatility of early 2026 as leading to a decline from record-high valuations among AI stocks, resulting in "more attractive pricing" for those most impacted. Capital expenditure for 2026 was lifted among the "magnificent seven" in bumper April earnings updates, with their combined spend now tracking around $725 billion, versus previous expectations of roughly $670 billion, according to Saxo Bank. Everything everywhere all at on...
hapabapa Biogen ( BIIB ) and Eisai ( ESALF ) Friday said that the FDA has extended its review by three months of the supplemental application for the Leqembi IQLIK subcutaneous injection as an initial treatment option for early Alzheimer’s disease, according to a joint statement. The new Prescription Drug User Fee Act (PDUFA) action date is August 24, 2026. As part of the ongoing review process, t...
hapabapa Biogen ( BIIB ) and Eisai ( ESALF ) Friday said that the FDA has extended its review by three months of the supplemental application for the Leqembi IQLIK subcutaneous injection as an initial treatment option for early Alzheimer’s disease, according to a joint statement. The new Prescription Drug User Fee Act (PDUFA) action date is August 24, 2026. As part of the ongoing review process, the agency requested additional information and has determined that it constituted a major amendment to the sBLA, extending the PDUFA date to allow sufficient time for a full review of the additional materials. The FDA has not raised any concerns to date regarding the approvability of Leqembi IQLIK as a starting dose, the company said. More on Biogen Biogen Inc. (BIIB) Q1 2026 Earnings Call Transcript Biogen Inc. 2026 Q1 - Results - Earnings Call Presentation Revisiting Eisai And Biogen's Leqembi Data For Alzheimer's Disease Biogen outlines Apellis deal impacts with $120M-$130M 2026 other income headwind and non-GAAP EPS accretion in 2027 Biogen Non-GAAP EPS of $3.57 beats by $0.62, revenue of $2.48B beats by $230M