Budweiser Brewing Co. APAC saw its stock price slide as much as 5.2% on Thursday after reporting a 33% collapse in annual net profit, driven largely by persistent volume declines across its core Chinese market.
Tokyo-listed cybersecurity provider Asgent Inc. (4288.TO) has successfully pivoted back to profitability, reporting a net income of ¥151 million for the nine months ending December 31. The result marks a decisive recovery from the ¥207 million loss recorded during the same period last year, driven by a significant expansion in top-line revenue.
RenaissanceRe Holdings Ltd. announced a 2.5% increase to its quarterly dividend alongside a new $750 million share repurchase authorization on Wednesday, reinforcing its commitment to shareholder returns. The Bermuda-based reinsurer's board approved the measures as the company leverages a strong capital position in a hardening insurance market.
Great-West Lifeco Inc. announced a 10% increase to its quarterly dividend on Wednesday, raising the payout to C$0.67 per share as the Canadian insurer continues to return capital to investors.
Strata Skin Sciences shares plummeted 49% in after-hours trading Wednesday following the medical technology firm's announcement that it will suspend Nasdaq operations on Feb. 19. The company intends to deregister its stock to eliminate the high costs of public compliance and focus on stabilizing its balance sheet.
BHAV Acquisition, a Cayman Islands-based blank-check company, filed with the Securities and Exchange Commission on Wednesday to raise $100 million in an initial public offering. The move signals a targeted search for a merger partner within the high-growth robotics and electric vehicle sectors.
Japanese wellness and beauty firm MTG Co. Ltd. reported a significant jump in earnings for its first fiscal quarter ended December 31, driven by a nearly 45% increase in revenue. The company posted a net profit of ¥3.95 billion, up from ¥2.38 billion a year earlier, signaling a robust start to its 2025 fiscal year.
Tech and commodity stocks experienced a volatile after-hours session on Wednesday, with Cognex surging on restructuring plans while Cisco and AppLovin faced sell-offs over margin and growth concerns.
Shares of Orora jumped more than 8% on Thursday after the Australian packaging giant reported a first-half earnings beat and a A$200 million share buyback. The rally reflects renewed investor confidence in Saverglass, the premium glass manufacturer acquired in 2023, which finally posted volume growth after a prolonged post-acquisition slump.
Industrial technology firm Crane NXT announced a 6% increase to its quarterly dividend on Wednesday, raising the payout to 18 cents per share as it bolsters its commitment to shareholder returns.
Origin Energy shares jumped on Thursday after the utility giant lifted its annual earnings forecast for its core energy retail division. Management cited a significant performance boost in its electricity business, prompting a guidance increase that exceeded market expectations and pushed the stock toward a 2026 high.
Australian online furniture retailer Temple & Webster saw its stock price crater by as much as 26% on Thursday following a disappointing first-half earnings report. Despite a 20% surge in revenue, the company’s bottom line suffered from aggressive discounting, leading to an earnings miss that caught investors off guard for the second time in two months.
ATN International has reached an agreement to sell 214 wireless towers and related assets in the southwestern United States to an affiliate of Everest Infrastructure Partners for up to $297 million in cash. The deal, announced Wednesday, marks a strategic pivot for the digital infrastructure firm as it seeks to deleverage its balance sheet and reinvest in core operations.
Delica Foods Holdings Co. Ltd. reported a dramatic increase in net profit for the nine months ending December 31, with earnings climbing to ¥1.12 billion from ¥125 million a year earlier, fueled by steady revenue gains and significantly improved margins.
Singapore Telecommunications (Singtel) posted a 43.5% rise in third-quarter net profit, reaching S$1.89 billion (US$1.50 billion) for the period ending Dec. 31. The result was bolstered by a massive one-time gain from the partial divestment of its stake in Indian associate Bharti Airtel, signaling a shift in the group’s capital allocation strategy.
Nishimatsu Construction Co. Ltd. reported a significant uptick in its bottom line for the nine months ended Dec. 31, with net profit climbing to ¥13.13 billion. The Tokyo-listed builder benefited from a steady rise in revenue and improved operating efficiency during the period, comfortably outpacing its performance from the previous year.
Japan-based Will Co. Ltd. (3241.TO) reported a decline in full-year net profit to ¥664.00 million for the fiscal year ending December 31, 2025, despite a significant uptick in top-line revenue and operating income. The results, released under Japanese accounting standards, highlight a divergence between the company’s operational growth and its final bottom-line performance.
BP Pulse has launched seven new electric vehicle charging hubs across California, Georgia, Illinois, and Florida, marking a significant step in the energy giant’s $1 billion push into American power infrastructure. The expansion places high-speed chargers at key fuel stations and truckstops, moving the company closer to its goal of integrating EV power into its existing retail footprint.
Energy shares rallied Monday as escalating friction between Washington and Tehran and a rollback of U.S. environmental rules drove crude oil futures to $64.43 a barrel.
Shares of raw material producers climbed as significant deal-making activity offset individual corporate outlook concerns. The sector's momentum was fueled by a multi-billion dollar acquisition in the building supplies space, even as broader construction weakness weighed on specific industry heavyweights.
Major consumer companies saw share prices retreat following a series of mixed quarterly reports and escalating labor tensions. While Kraft Heinz shifted its focus toward long-term organic growth, Mattel struggled to keep pace with industry trends, and American Airlines faced a formal rebuke from its workforce.
Industrial and transportation shares surged on Wednesday after U.S. payrolls expanded by 130,000 in January, marking the strongest employment growth in over a year and signaling a break in the labor market's recent stagnation.
Health-care companies trended upward on Wednesday as investors balanced a surge in medical expenses at major insurers against a breakout performance from digital therapy providers.
Technology shares climbed on Tuesday as robust quarterly results from key hardware players outweighed concerns over the high cost of artificial intelligence integration. While specialty chipmaker GlobalFoundries and networking giant Cisco Systems saw shares rally on strong demand, e-commerce leader Shopify faced a sharp sell-off as investors reacted to the price tag of its AI ambitions.
Communications services stocks traded mixed on Wednesday as T-Mobile US reported robust subscriber gains, while Netflix faced headwinds from escalating activist opposition to its potential tie-up with Warner Bros Discovery.
Financial institutions saw their shares tumble following a disappointing fourth-quarter performance from Robinhood and a renewed retreat in the cryptocurrency market. The downturn reflects growing investor caution as strong employment figures challenge expectations for imminent interest rate cuts by the Federal Reserve.
U.S.-based lithium giant Albemarle announced Wednesday it will immediately halt operations at its remaining production line in Kemerton, Western Australia. The decision to place the lithium hydroxide processing plant into care and maintenance follows a period of crushing price volatility, forcing the company to prioritize cost-cutting despite a recent uptick in sales.
Shares of North Carolina-based Duke Energy and its industry peers climbed after the utility giant reported fourth-quarter revenue gains fueled by a significant uptick in power demand from artificial intelligence data centers.
FirstEnergy Corp. announced a 4.5% increase to its quarterly dividend on Wednesday, raising the payout to 46.5 cents per share as the utility company moves to enhance shareholder returns.
Gaming and Leisure Properties (GLPI) has finalized the $700 million acquisition of Bally's casino and resort real estate in Lincoln, Rhode Island. The deal, funded primarily through debt, expands GLPI's footprint in the Northeast and is expected to immediately boost the company's adjusted funds from operations per share.
