Market Quotes

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FDA Fast-Tracks Pfizer’s Hemophilia Drug for Pediatric Use

Pfizer announced on Friday that the U.S. Food and Drug Administration has granted priority review for an expanded application of Hympavzi, its hemophilia treatment. The regulatory move targets two high-need patient groups, including younger children, with a final decision expected in the second quarter.

Piper Sandler Sets 4-for-1 Stock Split and $5 Special Dividend

Piper Sandler Companies announced a 4-for-1 stock split and a substantial special dividend on Friday, moves designed to broaden the investment bank’s shareholder base and return excess capital. The Minneapolis-based firm confirmed the split will take effect after the close of trading on March 23, with shares shifting to the adjusted price structure the following business day.

Ajinomoto Stock Hits 30-Year High on Profit Surge and AI Demand

Ajinomoto Co. shares soared more than 13% on Friday, marking their best single-day performance since 1990, after the Japanese food giant raised its earnings guidance and reported strong growth in its specialized materials division. The rally followed an 8.9% rise in nine-month net profit, with the company now projecting a massive 85% jump in earnings for the fiscal year ending March 2026.

Vinci Shares Surge on Record Cash Flow and Dividend Hike

Shares in French infrastructure giant Vinci climbed 6.4% after the company reported record free cash flow and a revenue beat for the 2025 fiscal year. The group posted revenue of €74.60 billion, outperforming analyst expectations and signaling resilience despite a turbulent global macroeconomic backdrop.

Thailand Election: Markets Brace for Policy Limbo and Fiscal Strain

Thailand heads to the polls this Sunday in a high-stakes general election that investors fear could trigger prolonged political gridlock and stall a fragile economic recovery. With a fragmented coalition government the most likely outcome, analysts warn that delays in budget approvals and structural reforms may further depress growth in Southeast Asia’s second-largest economy.

Sintokogio Returns to Profit as Nine-Month Revenue Surges

Japanese industrial equipment manufacturer Sintokogio Ltd. reported a return to profitability for the first nine months of the fiscal year, driven by a sharp increase in group revenue. For the period ending December 31, the company posted a net profit of ¥678 million, successfully reversing a loss from the previous year as operating margins improved across its core business units.

Uber and WeRide to Launch 1,200 Robotaxis Across the Middle East

WeRide is accelerating its global footprint through a strategic partnership with Uber, planning to deploy at least 1,200 autonomous vehicles across major Middle Eastern hubs by 2027. The initiative will integrate WeRide’s self-driving fleet into the Uber app in Abu Dhabi, Dubai, and Riyadh, marking a significant escalation in the race for autonomous ride-hailing dominance outside of China.

Ushio Inc. Net Profit Slides 30% Despite Operating Growth

Tokyo-based lighting specialist Ushio Inc. reported a sharp decline in net profit for the nine months ending December 31, 2024, even as the company saw a modest improvement in its core operating performance. The group’s bottom line fell to ¥4.04 billion, down from ¥5.75 billion a year earlier, reflecting broader pressures on pretax income.

OncoTherapy Science Net Loss Widens to ¥783 Million

Japanese biotechnology firm OncoTherapy Science Inc. reported a widened net loss of ¥783 million for the nine months ended Dec. 31, 2024, as the company struggled to translate modest revenue growth into improved profitability.

Sumida Corp Net Profit Surges to ¥3.62 Billion as Margins Recover

Sumida Corp reported a dramatic jump in annual earnings for the fiscal year ended December 31, driven by steady revenue growth and a sharp recovery in operating efficiency. The Japanese electronic components manufacturer saw its net profit climb to ¥3.62 billion, representing a nearly sixfold increase over the previous year's result.

Daitron Annual Profit Climbs 12% as Revenue Tops ¥100 Billion

Daitron Co. Ltd. reported a significant uptick in its full-year financial performance for the period ending December 31, driven by a double-digit increase in revenue and improved operational efficiency. The Japanese electronics specialist saw its net profit rise to ¥4.92 billion, up from ¥4.38 billion in the prior year, according to the company’s latest financial filing.

Indonesia’s $900B Wealth Fund Vows Transparency After Moody’s Cut

Danantara Indonesia, the nation's sovereign wealth fund, pledged on Friday to uphold strict governance and transparency standards following a decision by Moody’s Ratings to lower Indonesia’s credit outlook to negative. The fund's leadership framed the downgrade as a catalyst for institutional strengthening rather than a setback for the $900 billion investment vehicle.

TotalEnergies Expands Namibian Footprint with PEL104 Acquisition

TotalEnergies has secured a 42.5% operated interest in the PEL104 exploration license offshore Namibia, further cementing its dominance in the country's burgeoning oil and gas sector. The deal, signed with Eight Offshore Investments Holdings and Maravilla Oil & Gas, positions the French energy giant as the operator of an 11,000-square-kilometer block in the high-potential Lüderitz basin.

Kimura Chemical Plants Net Profit Falls Despite Revenue Growth

Kimura Chemical Plants Co. Ltd. reported a decline in net profit for the nine months ended December 31, as rising operational costs offset a marginal increase in total revenue. The Japanese industrial equipment manufacturer posted a net income of ¥1.23 billion, down from ¥1.52 billion in the corresponding period last year.

Hokkan Holdings Profit Slides on Softening Revenue

Hokkan Holdings Ltd. (5902.TO) reported a decline in net profit for the nine months ended December 31, as a dip in revenue and contracting operating margins pressured the Japanese packaging company’s performance.

Hosiden Corp Profits Surge as Nine-Month Revenue More Than Doubles

Japanese electronics manufacturer Hosiden Corp. reported a sharp increase in profitability for the first nine months of its fiscal year, with net income rising to 14.23 billion yen. The Osaka-based company saw its top-line revenue surge to 375.02 billion yen for the period ending December 31, more than doubling the 179.76 billion yen recorded during the same timeframe the previous year.

Sanko Co. Net Profit Declines Despite Double-Digit Revenue Growth

Sanko Co. Ltd. (6964.TO) reported a contraction in nine-month net profit to 437 million yen, even as the Japanese manufacturer achieved a significant boost in top-line revenue. The results, covering the period ending Dec. 31, reflect a complex fiscal landscape where rising sales were offset by narrowing margins at the pretax level.

Helios Techno Profits Quadruple as Nine-Month Revenue Surges

Helios Techno Holding Co. Ltd. saw its net profit quadruple to ¥1.67 billion for the nine months ended December 31, fueled by a near-doubling of revenue. The Tokyo-listed firm reported a significant expansion in its bottom line, sharply outperforming the ¥416 million earned during the same period the previous year.