JPMorgan APAC CEO & Banking Head Sjoerd Leenart discusses the bank's strategy to capitalize on growth opportunities in different markets in Asia. He speaks with Haslinda Amin from the sidelines of the JPMorgan Global China Summit. (Source: Bloomberg)
JPMorgan APAC CEO & Banking Head Sjoerd Leenart discusses the bank's strategy to capitalize on growth opportunities in different markets in Asia. He speaks with Haslinda Amin from the sidelines of the JPMorgan Global China Summit. (Source: Bloomberg)
As many as two-thirds of 158 subdivided housing tenants supported by an NGO in Hong Kong have shown signs of anxiety or depression, highlighting calls for stronger counselling and social support. Kwun Tong Methodist Social Service (KMSS) said on Thursday that it had served 158 families living in subdivided flats in the district in 2024-25, about half of whom had at least one child with special edu...
As many as two-thirds of 158 subdivided housing tenants supported by an NGO in Hong Kong have shown signs of anxiety or depression, highlighting calls for stronger counselling and social support. Kwun Tong Methodist Social Service (KMSS) said on Thursday that it had served 158 families living in subdivided flats in the district in 2024-25, about half of whom had at least one child with special educational needs. The households had an average income of about HK$15,350, with around 40 per cent spent on rent. According to the survey, 66 per cent of respondents showed signs of anxiety, including 37 per cent with moderate or severe symptoms. Advertisement About 40 per cent showed signs of depression, almost half of whom experienced moderate or severe levels. The centre, which provides trauma-informed care and comprehensive family support, further assessed 55 respondents with moderate anxiety or depression and found their mental health indicators improved after a one-year intervention. Advertisement Across indicators including anxiety, depression, parental stress, post-traumatic stress disorder and resilience, about 7 per cent showed improvement in at least four areas, while around 80 per cent improved in at least one.
Franklin Resources ( BEN ) declares $0.33/share quarterly dividend , in line with previous. Forward yield 4.23% Payable July 10; for shareholders of record June 29; ex-div June 29. See BEN Dividend Scorecard, Yield Chart, & Dividend Growth. More on Franklin Resources Franklin Resources: Turning The Corner Franklin Resources, Inc. (BEN) Q2 2026 Earnings Call Transcript Franklin Resources, Inc. 2026...
Franklin Resources ( BEN ) declares $0.33/share quarterly dividend , in line with previous. Forward yield 4.23% Payable July 10; for shareholders of record June 29; ex-div June 29. See BEN Dividend Scorecard, Yield Chart, & Dividend Growth. More on Franklin Resources Franklin Resources: Turning The Corner Franklin Resources, Inc. (BEN) Q2 2026 Earnings Call Transcript Franklin Resources, Inc. 2026 Q2 - Results - Earnings Call Presentation Assets under management grow 6.3% in April Franklin Resources raised to Hold-equivalent at Barclays after Q2 financial results
Earnings Call Insights: e.l.f. Beauty (ELF) Q4 fiscal 2026 Management View “In fiscal '26, we grew net sales 25% and adjusted EBITDA 13%. Q4 marked our 29th consecutive quarter of net sales growth.” (Chairman, CEO & President Tarang Amin) “As we look to our results in fiscal '27 to date, we're continuing to see strength in Rhode and Naturium with slower-than-expected growth on the e.l.f. brand.” (...
Earnings Call Insights: e.l.f. Beauty (ELF) Q4 fiscal 2026 Management View “In fiscal '26, we grew net sales 25% and adjusted EBITDA 13%. Q4 marked our 29th consecutive quarter of net sales growth.” (Chairman, CEO & President Tarang Amin) “As we look to our results in fiscal '27 to date, we're continuing to see strength in Rhode and Naturium with slower-than-expected growth on the e.l.f. brand.” (CEO Amin) “Since our founding over 20 years ago, we have democratized access to the best of beauty by delivering exceptional value to our consumers.” (CEO Amin) “We recently reduced the price of e.l.f. Halo Glow skin tint from $18 to $14. Initial test results show a 38% lift on Amazon and a 36% lift across all retailers, including a triple-digit sales lift on TikTok Shop.” (CEO Amin) “We have fast-tracked innovation that was not part of our original fiscal '27 plans and aim to have these in market before the holidays.” (CEO Amin) “We recently announced key leadership changes to sharpen focus on the e.l.f. brands and accelerate our next phase of growth.” (CEO Amin) “Kory Marchisotto has been appointed to President of e.l.f. Brands… We’re excited to welcome Oshiya Savur as Chief Marketing Officer, e.l.f. Brands… Ekta Chopra was appointed into a newly created role of Chief Technology and AI Officer.” (CEO Amin) “Finally, we recently made the decision to transfer the Keys Soulcare brand to Alicia Keys.” (CEO Amin) “Q4 net sales grew 35% year-over-year. The acquisition of Rhode contributed $113 million or approximately 34 percentage points to our Q4 net sales growth… excluding Rhode, our Q4 net sales were up approximately 1% year-over-year within the range we provided in February.” (Senior VP & CFO Mandy Fields) Outlook “For the full year, we expect net sales growth of approximately 12% to 14%, adjusted EBITDA between $379 million to $385 million, adjusted net income between $198 million to $201 million and adjusted EPS of $3.27 to $3.32 per diluted share.” (CFO Fields) “In Q1, ...
Alex Cristi /iStock via Getty Images By Zeno Mercer Cybersecurity Is Among the Clearest Early Use Cases for Applied AI That became harder to ignore after Anthropic ( ANTHRO ) launched Project Glasswing, a controlled cybersecurity initiative built around Claude Mythos Preview, the company’s most capable model to date. Anthropic is not releasing Mythos to the public. Instead, 12 launch partners (inc...
Alex Cristi /iStock via Getty Images By Zeno Mercer Cybersecurity Is Among the Clearest Early Use Cases for Applied AI That became harder to ignore after Anthropic ( ANTHRO ) launched Project Glasswing, a controlled cybersecurity initiative built around Claude Mythos Preview, the company’s most capable model to date. Anthropic is not releasing Mythos to the public. Instead, 12 launch partners (including AWS ( AMZN ), Microsoft ( MSFT ), Google ( GOOG ) ( GOOGL ), Nvidia ( NVDA ), JPMorgan Chase ( JPM ), and Palo Alto Networks ( PANW ) plus more than 40 additional organizations, are using it to find and fix vulnerabilities in foundational software systems. Anthropic has committed $100 million in usage credits to the effort. The timing matters. Cybersecurity is a speed problem. Attackers scan faster than enterprises patch. Developers ship faster than security teams can review. And AI agents, which are software programs that can take actions on their own, are starting to plug into internal tools, private databases, cloud environments, and developer workflows. That expands the security perimeter from networks and endpoints to code, AI agents, and the broader software supply chain. Palo Alto Networks, a Project Glasswing launch partner, gave the clearest early data point. In one month it disclosed 26 CVEs (publicly cataloged security flaws) covering 75 underlying issues, versus its usual run rate of fewer than five CVEs per month. PANW estimates that organizations have a three-to-five-month window to outpace adversaries before similar AI capabilities flow more broadly. CrowdStrike ( CRWD ), a Project Glasswing founding member, is approaching the problem from a different angle. Rather than focusing only on using AI to find flaws, CrowdStrike is focused on protecting the AI agents themselves as they run inside customer environments. In its 2026 Global Threat Report, the company said that attacks by adversaries using AI had jumped 89% year-over-year. As CrowdStrike framed i...
She said she remembered "seeing everything" as the car fell, and gripped the steering wheel tightly to prevent it from falling off as the car hit the ground, the airbags deployed and the vehicle continued bouncing down the mountainside.
She said she remembered "seeing everything" as the car fell, and gripped the steering wheel tightly to prevent it from falling off as the car hit the ground, the airbags deployed and the vehicle continued bouncing down the mountainside.
Investec posted a record dividend for the fourth straight year as the South Africa - and UK -listed bank’s full-year profit climbed to a new high. The specialist lender posted a 3.5% increase in “pre-provision” adjusted operating profit for the year ending March 31 to £1.08 billion ($1.4 billion) as revenue climbed 4.2%, it said in a statement on Thursday. Adjusted earnings per share climbed 4.8% ...
Investec posted a record dividend for the fourth straight year as the South Africa - and UK -listed bank’s full-year profit climbed to a new high. The specialist lender posted a 3.5% increase in “pre-provision” adjusted operating profit for the year ending March 31 to £1.08 billion ($1.4 billion) as revenue climbed 4.2%, it said in a statement on Thursday. Adjusted earnings per share climbed 4.8% to 82.9 pence, beating the 80-pence median estimate by five analysts in a Bloomberg survey. Return on equity dropped 30 basis points to 13.6% — remaining within the bank’s target range of 13% to 17%. Profit at the firm’s southern Africa business climbed 5.5% to £488.3 million, while its rose 1.3% at £462.7 million at UK operations. It declared a final dividend of 21 pence for the second half, bringing the total payout for the year to 38.5 pence per share. Sign up here for the daily Next Africa newsletter and subscribe to the Next Africa podcast on Apple , Spotify or anywhere you listen .
BT Group Plc forecast declining revenues for 2027 that missed analyst estimates, as Chief Executive Officer Allison Kirkby aims to stem broadband losses and faces stiff competition. The company forecast adjusted revenue of £19 billion ($25.5 billion) to £19.5 billion, missing the £19.58 billion average analyst estimate compiled by Bloomberg. Adjusted earnings before interest, taxes, depreciation a...
BT Group Plc forecast declining revenues for 2027 that missed analyst estimates, as Chief Executive Officer Allison Kirkby aims to stem broadband losses and faces stiff competition. The company forecast adjusted revenue of £19 billion ($25.5 billion) to £19.5 billion, missing the £19.58 billion average analyst estimate compiled by Bloomberg. Adjusted earnings before interest, taxes, depreciation and amortization was £2 billion in the fourth quarter, the company said in a statement Thursday, in line with the average analyst estimate compiled by Bloomberg. BT is “transforming ahead of plan, offsetting headwinds” said Kirkby in the statement. She announced an increased full-year dividend of 8.32 pence. Kirkby, who took over in 2024, has been cutting costs and refocusing the company on the UK market, with plans to explore a potential stake sale in its international business. Shares have more than doubled since her appointment, and a years-long, intensive fiber build out is close to completion. Still, she’s simultaneously dealing with a crop of new competitors. Alternative broadband providers, known as “alt nets,” expanded rapidly over the past eight years. Companies like Cityfibre Infrastructure Holdings Ltd. and Nexfibre Networks Ltd. have built their own networks and attempted to chip away at BT’s dominance. Competition is intensifying across the telecommunications industry. Low-cost virtual operators, satellite providers such as SpaceX ’s Starlink and consumer brands, including Tesco Mobile and Schwarz Group ’s Lidl, are increasingly offering mobile calling and data services. That evolution is forcing traditional network operators to refocus on branding, pricing and customer relationships. BT said earlier this month it will revive its BT Mobile brand for broadband customers and sponsor the Euro 2028 football tournament. The operator had halted new sign-ups for BT Mobile in 2023 to focus on EE as its main consumer mobile brand. BT’s shares closed 0.6% lower at 230.90 ...