Market Quotes

2286 items in section

Genuine Parts Extends Dividend Growth Streak to 70 Years

Atlanta-based Genuine Parts announced a 3.2% increase to its quarterly dividend on Tuesday, marking seven decades of consecutive payout growth. The distributor of automotive and industrial parts raised the distribution to $1.0625 per share, cementing its status as one of the most consistent yield-payers in the S&P 500.

FDA Grants Priority Review to Bristol Myers Myeloma Drug Iberdomide

The U.S. Food and Drug Administration has accepted Bristol Myers Squibb’s application for iberdomide, granting it priority review for the treatment of relapsed or refractory multiple myeloma. The decision positions the therapy as a potential first-in-class treatment for patients whose blood cancer has returned or failed to respond to existing standard-of-care regimens.

SAIC Names James Reagan Permanent CEO to Lead Tech Integrator

Science Applications International Corp. has formally appointed James Reagan as its permanent chief executive officer, concluding a thorough search process to stabilize leadership at the Reston, Virginia-based technology firm. Reagan, who has served as interim CEO since October, steps into the role permanently following the departure of his predecessor last year.

Lufax Names Xiang Ji CEO as Yong Suk Cho Steps Down

Lufax announced on Tuesday that Chief Executive Yong Suk Cho will depart the company at the end of March following the expiration of his contract, citing personal and family considerations. The Chinese financial services provider has appointed current co-CEO Xiang Ji to take the helm, initiating a broader leadership transition that includes several high-level board changes.

Watsco Hikes Quarterly Dividend 10% to $3.30

Watsco’s board of directors has approved a 10% increase in its quarterly dividend, raising the payout to $3.30 per share from $3.00. The Miami-based HVAC distributor announced the hike on Tuesday, signaling a stronger yield for investors as the new rate takes effect in April.

Sherritt International Pauses Cuba Mining Amid Fuel Shortage

Canadian miner Sherritt International is suspending operations at its Moa joint venture in Cuba as a severe fuel shortage paralyzes the island’s industrial capacity. The company announced Tuesday that it will transition its processing plant to standby status within the coming week, citing a lack of clarity regarding when essential energy deliveries will resume.

UK Jobless Rate Hits Four-Year High as Wage Growth Cools

Britain’s unemployment rate climbed to 5.2% in the final quarter of last year, marking its highest level since early 2021 and signaling a cooling labor market that may prompt the Bank of England to pivot toward interest rate cuts. With annual wage growth slowing to 4.2%, policymakers face mounting evidence that inflationary pressures are receding despite a stagnant broader economy.

Chesnara to Acquire Lloyds’ Scottish Widows Europe for $130 Million

London-listed insurance consolidator Chesnara has agreed to purchase Scottish Widows Europe from Lloyds Banking Group for 110 million euros ($130.4 million). The cash deal, expected to close by the end of 2026, marks Chesnara’s entry into the Luxembourg market and expands its reach across Germany, Austria, and Italy.

Seek Lifts Dividend as AI-Driven Yields Fuel 35% Profit Surge

Seek Ltd. reported a 35% jump in first-half adjusted profit to A$104.1 million, leveraging AI-enhanced pricing models to drive revenue growth even as job advertisement volumes softened. The Australian employment marketplace raised its interim dividend to A$0.27 per share, reflecting a successful push to improve operating margins through aggressive technological investment.

Canadian Housing Starts Plunge 15% as Construction Momentum Fades

Canadian residential construction saw a sharp contraction in January 2026, with housing starts falling 15% to a seasonally adjusted annual rate of 238,049 units. The data from the Canada Mortgage and Housing Corp. (CMHC) significantly missed economist expectations of 265,150 units, signaling a cooling market as high costs and trade uncertainty weigh on developers.

UK Regulator Weighs Rule Shift to Attract Chinese Listings

The UK’s Financial Reporting Council (FRC) launched a consultation on Monday to determine whether Chinese companies should be permitted to use domestic accounting standards when listing in London. The proposal aims to streamline the issuance of global depository receipts (GDRs) as Britain intensifies its efforts to revitalize its flagging public markets.

Wintest Corp Net Loss Widens to ¥1.24 Billion Despite Revenue Growth

Wintest Corp. reported a deepening annual net loss of ¥1.24 billion for the fiscal year ending December 31, 2025, as rising operational costs overshadowed a modest increase in top-line revenue. The Tokyo-listed semiconductor testing specialist continues to face significant profitability hurdles despite a marginal improvement in its sales volume compared to the previous year.

Red Planet Japan Swings to ¥95 Billion Loss Despite Revenue Surge

Red Planet Japan Inc. reported a massive net loss of ¥95.05 billion for the fiscal year ending December 31, 2025, a sharp reversal from the previous year's profit. Despite a significant jump in top-line revenue and operating income, the Tokyo-listed company faced heavy bottom-line pressure, according to its latest financial filing.

Alibaba Unveils Qwen 3.5 AI Model in Bid for Global Dominance

Alibaba Group launched its latest flagship artificial intelligence model, Qwen 3.5, on Monday, introducing advanced reasoning and agentic capabilities designed to compete in an increasingly crowded global market. The Hangzhou-based tech giant timed the rollout ahead of the Lunar New Year holiday, positioning the update as a major step forward in handling complex multimodal tasks and multilingual communication.

Ai Holdings Revenue Climbs as Net Profit Recedes From Record Highs

Ai Holdings Corp. reported a significant revenue surge for the first half of the fiscal year, though net profit fell sharply compared to the previous year’s outlier performance. The Tokyo-listed firm saw consistent operating gains across its core segments despite the bottom-line contraction.

Yumemitsuketai Profits Surge as Nine-Month Revenue Hits ¥238 Million

Yumemitsuketai Co. Ltd. (2673.TO) reported a significant bottom-line improvement for the nine months ended Dec. 31, with net profit climbing to ¥121 million. The Tokyo-listed firm saw a sharp rebound in operational efficiency, flipping from a prior-year operating loss to a profit amid a steady rise in consolidated revenue.

Airtech Japan Posts ¥1.13 Billion Net Profit Amid Revenue Growth

Airtech Japan Ltd. (6291.TO) reported a slight decrease in annual parent net profit for the fiscal year ended December 31, despite achieving gains in both revenue and operating income. The cleanroom technology specialist recorded a net profit of ¥1.13 billion, down marginally from ¥1.14 billion in the preceding year, according to the company's latest financial filing.

Freesia Macross Net Profit Surges 46% in First Nine Months

Freesia Macross Corp. reported a sharp increase in profitability for the nine months ended Dec. 31, with net income rising to ¥877 million from ¥598 million a year earlier. The Tokyo-based industrial group maintained steady top-line growth while significantly expanding its margins during the period.