BSNL Core Operating Profit Grows by 105% in 9-Month Period of FY26: Jyotiraditya Scindia
Bharat Sanchar Nigam Limited reported a core operating profit (EBITDA) of ₹4,858 crore for the nine months ending 31 December 2025, marking a 105% jump from the same period last year. Revenue rose 13% to ₹17,705 crore in FY 26’s first three quarters, while average revenue per user climbed to ₹91, up ₹10 quarter‑on‑quarter. The government has set a FY 26 revenue target of ₹27,500 crore and is working on satellite‑spectrum pricing to enable broadband‑from‑space services. These results signal a strong cash‑flow turnaround for the state‑run telco.
Valterra Spritzes up Maiden Year with R5.3bn Special Dividend
Valterra Platinum announced a R5.3bn special dividend, bringing its total payout for the 2025 financial year to R45 per share, equivalent to 71% of headline earnings. The payout follows an 89% rise in platinum‑group‑metal prices in the second half of...
OYO’s Parent PRISM Appoints Former SEBI Chairman Ajay Tyagi as Independent Director
PRISM, the holding company behind OYO, has named former SEBI chairman Ajay Tyagi as an independent director. Tyagi brings extensive regulatory experience from his 2017‑2022 tenure at SEBI and prior senior roles in the Ministry of Finance. PRISM operates more than...
What Drives Sustainable Investment at a Trillion-Dollar US Asset Manager?
Wellington Management, a trillion‑dollar US asset manager, is intensifying its sustainable‑investment platform to meet escalating client expectations on stewardship, decarbonisation, and climate risk. In a Responsible Investor podcast, head of sustainable investment Wendy Cromwell explains how the firm aligns ESG considerations...
SleepyCat Reports Rs 98 Cr Revenue and Rs 9 Cr Loss in FY25
SleepyCat posted a 44% jump in FY25 operating revenue, reaching roughly Rs 98 crore, while its losses widened to Rs 9 crore. The direct‑to‑consumer mattress maker saw material costs rise 52% and advertising spend climb 46%, pushing total expenses up 44% year‑on‑year. Finished‑goods sales...
Sustainable Debt Issuance Slows as Markets Position for 2026 Rebound
Sustainable debt issuance slipped 12% year‑on‑year to about $1.4 trillion in 2025, marking the slowest growth in five years, even as clean‑energy investment hit a record $2.3 trillion. Research from ING expects a modest rebound to roughly $1.62 trillion in 2026, with Europe...
Has U.S. Inflation Started Turning Higher Again?
U.S. tariff rates surged to an average of 13% in 2025, yet headline inflation fell to 2.7% year‑over‑year before rebounding in December. Companies initially absorbed tariff costs, but recent PCE data shows they are now passing them onto consumers, pushing...
AI’s Priority Shift and Impact for ERP Systems
Artificial intelligence is moving from experimental pilots to a core, existential priority in enterprise resource planning, with Aptean positioning its AppCentral platform as the foundation for industry‑specific AI integration. The platform embeds AI agents, natural‑language queries and intelligent workflows directly...
Submission of Rule Filing SR-NSCC-2026-003 – Amend the Clearing Agency Stress Testing Framework
National Securities Clearing Corporation (NSCC) submitted Rule Filing SR‑NSCC‑2026‑003 to the SEC on February 25, 2026, proposing amendments to the shared stress‑testing framework of DTCC, its Fixed Income Clearing Corporation (FICC) subsidiary, and NSCC. The changes aim to broaden scenario coverage, tighten...
Submission of Rule Filing SR-DTC-2026-002 – Amend the Clearing Agency Stress Testing Framework
On February 25, 2026, The Depository Trust Company (DTC) submitted rule filing SR‑DTC‑2026‑002 to the SEC, proposing amendments to the Clearing Agency Stress Testing Framework shared by DTC, the Fixed Income Clearing Corporation, and the National Securities Clearing Corporation. The...
Submission of Rule Filing SR-FICC-2026-004 – Amend the Clearing Agency Stress Testing Framework
On February 25, 2026, Fixed Income Clearing Corporation (FICC) filed rule filing SR‑FICC‑2026‑004 with the SEC to amend the Clearing Agency Stress Testing Framework governing DTCC’s DTC, FICC, and NSCC. The proposed changes aim to modernize stress‑testing methodologies, improve risk...
What Is Physical AI, and How Can You Invest in It?
Tesla announced it will cease Model S and X production to convert the Fremont space into an Optimus robot factory, signaling a strategic shift toward physical artificial intelligence. Physical AI, defined as intelligence embedded in machines that operate in the...
CME Group U.S. Treasury OI Sets New Record of 36.3M Contracts
CME Group reported a record 36,328,151 open interest contracts in U.S. Treasury futures and options on February 19, surpassing its previous high from November 2025. The milestone spans the entire yield curve, with new peaks in 2‑year, 5‑year, 10‑year, and...
Majority of Gulf Region Companies Now Adopting Gen AI – Survey
A Deloitte survey of 649 tax, finance and legal professionals shows generative AI adoption in the Gulf Cooperation Council has accelerated, with non‑adoption dropping from 52% in 2024 to 29% in 2025. Quality improvement is the top priority (38%), followed...
Godongwana Holds Better Budget Cards but Economic Recovery Remains Inadequate
Finance Minister Enoch Godongwana is set to present a 2026 budget bolstered by higher-than‑expected tax receipts, driven by a commodity price surge and improved collection efficiency. Despite the fiscal headroom, his GDP outlook remains bleak, projecting growth under 2%—far short...
RWS Global Deploys Box’s AI Tools to Streamline Contract Workflow
RWS Global partnered with Box to embed AI‑driven tools into its contract lifecycle, leveraging Box Enterprise Advanced, Box Doc Gen, and Box Sign. The new no‑code workflow automates document generation, legal approval, and e‑signature, cutting processing time from roughly 20 minutes to...
Debtwire Middle-Market – 2/23/2026
Sponsor‑backed merger and acquisition activity surged to $165 billion in December 2025, marking the second‑largest monthly volume in the past decade, just shy of the $168 billion peak recorded in April 2021. Data from Mergermarket shows that leveraged buyouts and other sponsor‑driven deals now...
Covenant Trends – 2/23/2026
Covenant Review released its latest quarterly snapshot of new‑issue institutional loans that include a pick‑your‑poison covenant provision. The accompanying chart tracks the share of such loans by quarter, showing a clear upward trajectory over the past two years. The data...
Octus: Private Credit & Deal Origination Insights – 2/23/2026
The 2026 outlook for Americas private credit is dominated by the mass maturity of loans originated in 2021, pushing the asset class into the mainstream. Refinancing activity surged in 2025, with a 29% jump in deals that now represent 28%...
KBRA Direct Lending Deals: News & Analysis – 2/23/2026
KBRA released its latest TTM Direct Lending Default Index on February 23, 2026, showing a year‑to‑date default rate of 2.8%, up from 2.4% in the prior quarter. The index recorded 150 cumulative defaults across the direct‑lending universe, while the weighted average spread...
Paramount Welcomes WBD Talks, Details New Elements Of Sweetened $31-A-Share Offer
Paramount has sweetened its bid for Warner Bros. Discovery, raising the cash offer to $31 per share and adding several protective clauses. The revised terms include an accelerated quarterly ticking fee, a $7 billion regulatory termination fee, and a commitment to...
Profits Fall at Accent Group Despite Resurgent Store Network
Accent Group’s net profit after tax plunged 40.5% in the first half of FY2024 despite a 5.7% revenue rise to $810.5 million. Like‑for‑like retail sales grew modestly 0.9% while wholesale jumped 9.4%, but higher operating costs and lease negotiations eroded earnings....
Coronado Turns Page on a 'Challenging Year'
Coronado Global Resources announced the completion of its Mammoth Underground expansion and Buchanan growth project after a challenging 2025 marked by a steep revenue decline and significant net losses. The company aims to leverage the new assets to boost ore...
McGrath RentCorp (MGRC) Q4 2025 Earnings Call Transcript
McGrath RentCorp posted Q4 2025 net income of $34.8 million, or $2.79 per share, and full‑year earnings of $134 million, $10.41 per share. Loan growth accelerated to more than 12% quarter‑over‑quarter while deposits rose 7.4% in the quarter, indicating strong demand. At...
Acadia Healthcare Company Inc (ACHC) Q4 2025 Earnings Call Transcript
Acadian Asset Management reported record assets under management of $177.5 billion, a 52% increase year‑over‑year, driven by strong net client cash flows of $5.4 billion in Q4 and $29.4 billion for the full year. Management fees surged 32% to $146 million, and ENI diluted...
Hovnanian Enterprises Inc (HOV) Q1 2026 Earnings Call Transcript
Hovnanian Enterprises reported third‑quarter fiscal 2025 revenue of $801 million, an 11% year‑over‑year increase driven by higher deliveries. Adjusted EBITDA reached $77 million, topping the high end of management guidance, while adjusted gross margin slipped to 17.3% due to a rise in...
OraSure Technologies Inc (OSUR) Q4 2025 Earnings Call Transcript
LivaNova reported Q4 2025 revenue of $361 million, a 9.5% constant‑currency increase, and delivered adjusted EPS of $0.86, marking its fifth straight year of double‑digit earnings growth. The cardiopulmonary segment grew 10% year‑over‑year, propelled by ESSENCE heart‑lung machine placements, while epilepsy...
Euroseas Ltd (ESEA) Q4 2025 Earnings Call Transcript
Euroseas Ltd reported Q4 2025 revenue of $57.4 million, up 7.7% year‑over‑year, and net income of $40.5 million, driven by higher charter rates and a $9.2 million vessel‑sale gain. Adjusted EBITDA rose 24% to $40.7 million, while the board increased the annual dividend 7%...
Seadrill Ltd (SDRL) Q4 2025 Earnings Call Transcript
Seadrill reported Q4 2025 revenue of $176 million and adjusted EBITDA of $109 million, while posting a $4.7 million net loss due to a $23 million charter settlement. The company booked an $11.3 million gain on the sale of a Suezmax tanker, delivering about $26 million...
Newmark Group Inc (NMRK) Q4 2025 Earnings Call Transcript
Newmark Group reported a 25.9% revenue jump to $863.5 million in Q3 2025, with double‑digit growth across all major lines. Capital markets revenue surged 59.7% as debt volumes rose 129% and investment‑sale activity jumped 67%. The company completed the RealFoundations acquisition, launched...
Barrett Business Services Inc (BBSI) Q4 2025 Earnings Call Transcript
Barrett Business Services reported an 8.6% increase in gross billings to $2.32 billion for Q4 2025, driven by strong PEO growth and a record addition of 10,400 worksite employees, up 6.1% year‑over‑year. Net income per diluted share rose 7% to $0.79,...
GoodRx Holdings Inc (GDRX) Q4 2025 Earnings Call Transcript
GoodRx reported full‑year 2024 revenue of $792.3 million, a 6% year‑over‑year increase, with Q4 revenue of $198.6 million. Adjusted EBITDA rose 20% to $260.2 million, and the adjusted EBITDA margin expanded to 32.8%, up 420 basis points. Prescription‑transaction revenue grew 5% driven by...
Urban Outfitters Inc (URBN) Q4 2026 Earnings Call Transcript
Urban Outfitters reported a record third‑quarter revenue of $1.5 billion, up 12% year‑over‑year, and net income of $116 million, a 13% increase. All five brands posted positive comparable sales, with the Urban brand delivering a 13% global comp and Anthropologie achieving its...
Synopsys Inc (SNPS) Q1 2026 Earnings Call Transcript
Synopsys reported record FY 2025 revenue of $7.05 billion, a 15% increase, and a backlog exceeding $11 billion, driven by the recent ANSYS acquisition and strong hardware‑assisted verification demand. The company guided FY 2026 revenue of $9.56‑$9.66 billion, with ANSYS expected to contribute $2.9 billion and...
Allot Ltd (ALLT) Q4 2025 Earnings Call Transcript
Gilat Satellite Networks reported a 75% year‑over‑year revenue jump to $137 million in Q4 2025, delivering $451.7 million for the full year, driven by strong commercial, defense, and Peru segments. Adjusted EBITDA rose 50% to $18.2 million in the quarter, while GAAP gross...
Innoviz Technologies Ltd (INVZ) Q4 2025 Earnings Call Transcript
Innoviz Technologies reported record first‑half 2025 revenue of $27.1 million, a 46% YoY increase, and reduced Q2 cash burn to $7.3 million while holding $79.4 million in cash. The company reaffirmed its full‑year revenue target of $50‑$60 million and raised its NRE booking outlook...
Climb Global Solutions Inc (CLMB) Q4 2025 Earnings Call Transcript
Core Laboratories reported Q4 2025 revenue of $138.3 million, up 3% sequentially and 7% year‑over‑year, driven by stronger international demand for reservoir description services. The Reservoir Description segment posted $92.3 million in revenue with a 14% operating margin, while Production Enhancement revenue...
Federal Signal Corp (FSS) Q4 2025 Earnings Call Transcript
Federal Signal reported a record $555 million in net sales for Q3 2025, up 17% year‑over‑year, driven by strong organic growth in both its Environmental Solutions and Safety & Security groups. Adjusted EBITDA margin expanded to 20.9%, a 130‑basis‑point improvement, while GAAP...
CS Disco Inc (LAW) Q4 2025 Earnings Call Transcript
Knowles Corporation reported Q4 2025 revenue of $162 million, a 14% year‑over‑year rise that topped the high end of its guidance, and earnings per share of $0.36, up 33% YoY. Full‑year revenue reached $593 million, a 7% increase, while adjusted EBITDA grew...
SM Energy Co (SM) Q4 2025 Earnings Call Transcript
SM Energy announced that its merger will create a top‑10 U.S. independent oil producer with roughly 526,000 barrels of oil equivalent per day and 1.5 billion BOE of pro forma proved reserves. The combined entity will hold over 800,000 net acres,...
A Tale of Two Financial Centres: Brexit Uncertainty and the Fragility of Cross-Border Capital Flows
A new firm‑level study of Swiss‑UK capital linkages finds that the Brexit referendum’s surge in policy uncertainty sharply reduced short‑term debt flows from Swiss‑resident firms to the United Kingdom, while equity investments remained stable. The contraction is driven almost entirely...
Pennant Group Inc (PNTG) Q4 2025 Earnings Call Transcript
Pennant Group reported Q2 2025 revenue of $219.5 million, up 30.1% year‑over‑year, and adjusted EBITDA of $16.4 million, up 24.5%. All three operating segments—home health & hospice, senior living, and other services—showed double‑digit growth, with home health/hospice revenue reaching $166 million and senior...
Kodiak Gas Services Inc (KGS) Q4 2025 Earnings Call Transcript
Kinder Morgan posted record Q4 2025 results, with net income of $996 million and EPS of $0.45, up roughly 50% year‑over‑year. Adjusted EBITDA reached an all‑time high, growing 6% and surpassing the 4% budget target. The company expanded its project backlog...
Southwest Gas Holdings Inc (SWX) Q4 2025 Earnings Call Transcript
Southwest Gas Holdings completed its transformation into a pure‑play regulated natural‑gas utility by fully divesting Century, using the $1.35 billion sale proceeds to retire all holding‑company debt and boost cash to nearly $780 million. The company reaffirmed its 2025 net‑income outlook at...
Dorman Products Inc (DORM) Q4 2025 Earnings Call Transcript
Dana Incorporated posted a stronger‑than‑expected Q4 2025, delivering an 11.1% adjusted margin and $208 million adjusted EBITDA, while full‑year results showed $610 million EBITDA at an 8.1% margin despite a $234 million sales decline. The Off‑Highway divestiture removed $1.9 billion of debt, pushing net...
Rxsight Inc (RXST) Q4 2025 Earnings Call Transcript
RxSight reported Q4 2025 revenue of $32.6 million, a 19% year‑over‑year decline driven by sharply lower Light Delivery Device placements. The Light Adjustable Lens accounted for an all‑time high 86% of sales, lifting gross margin to 77.5% despite overall losses. The...
Dole PLC (DOLE) Q4 2025 Earnings Call Transcript
Dole plc reported full‑year adjusted EBITDA of $395 million, a modest 1% increase year‑over‑year and ahead of its guidance. Revenue rose 8.2% to £9.2 billion, while net income fell to £82 million due to discontinued operations and non‑cash charges. The company completed the...
Alkami Technology Inc (ALKT) Q4 2025 Earnings Call Transcript
Alight reported FY 2025 revenue of $2.3 billion, a 5% decline year‑over‑year, with recurring revenue down 2.2% and project revenue falling 22%. Adjusted EBITDA slipped to $561 million (24.8% margin) and EPS fell to $0.50, while a non‑cash $83 million goodwill impairment was...
APi Group Corp (APG) Q4 2025 Earnings Call Transcript
S&P Global reported a strong fourth‑quarter 2025, with revenue up 9% year‑over‑year and organic constant‑currency growth of 8%. Adjusted operating margin expanded 60 basis points to 47.3% and adjusted diluted EPS rose 14%, hitting the top end of its guidance....
Clear Secure Inc (YOU) Q4 2025 Earnings Call Transcript
Clear Secure Inc. posted record Q4 2025 results, with revenue of $240.8 million, a 16.7% year‑over‑year increase, and total bookings up 25.4% to $287.1 million, driven largely by ClearOne enterprise wins. Adjusted EBITDA reached $79.9 million, delivering a 33.2% margin, while free cash...