MDA Space is pivoting into the broader national security market with the launch of 49North, a new subsidiary dedicated to multi-domain defense systems. Based in Ottawa, the unit will focus on command-and-control capabilities to support Canada’s military priorities beyond the company's traditional orbital operations.
Chicago-based GATX Corp. has increased its quarterly dividend by 8.2% and approved a fresh $300 million share-repurchase program, signaling a robust return of capital to shareholders as its previous buyback plan nears completion.
Arcadis shares tumbled on Thursday after the Dutch engineering firm reported a 50% collapse in fourth-quarter earnings and confirmed the elimination of over 1,100 positions. The Amsterdam-listed group, a key player in global infrastructure, saw its organic growth turn negative as residential real estate markets weakened across major global economies.
Paycom Software has promoted Chief Client Officer Shane Hadlock to the position of president, where he will also serve as the company’s sole principal operating officer. The Oklahoma City-based provider of human-capital-management software announced the appointment Thursday, noting that founder Chad Richison will relinquish the presidency while remaining chairman and chief executive.
Capital Power has appointed Kevin MacIntosh as its chief financial officer, tapping a veteran of the Canadian energy sector to lead its financial operations starting March 16.
Rio Tinto CEO Simon Trott confirmed on Thursday that the mining giant will pursue an aggressive internal growth strategy focused on industrial metals, just weeks after a potential $200 billion merger with Glencore collapsed. Speaking alongside the company's 2025 financial results, Trott signaled a pivot toward high-demand commodities like copper and lithium to sustain a projected 3% annual production increase through the end of the decade.
Shares of BE Semiconductor Industries NV (Besi) tumbled 7% in Amsterdam trading after the chip-packaging specialist reported hybrid bonding orders that fell short of aggressive investor expectations. Despite a surge in fourth-quarter demand from China and burgeoning interest in AI-related hardware, the company’s flagship technology is scaling slower than the trajectory required to meet ambitious year-end targets.
Houston-based CenterPoint Energy reported a rise in fourth-quarter profit on Thursday, meeting analyst expectations while significantly accelerating its long-term infrastructure and load growth targets. The utility now expects to hit major expansion milestones two years ahead of schedule, backed by a capital investment plan that exceeds $65 billion.
Cenovus Energy delivered a sharp increase in fourth-quarter earnings on Thursday, fueled by rising output and operational efficiency that outpaced market expectations. The Canadian integrated producer reported net income of C$934 million ($682 million), or C$0.50 per share, a massive jump from the C$146 million recorded in the same period last year.
Walmart’s board of directors has approved a new $30 billion share-repurchase program, the company announced Thursday. The move follows the retailer's recent ascent into the exclusive $1 trillion market capitalization club and replaces a previous multi-billion dollar buyback initiative.
Brady Corp reported a jump in second-quarter profit to $48.1 million, fueled by a 7.7% revenue increase and contributions from recent acquisitions. The manufacturer of safety products and industrial printers subsequently raised the floor of its annual earnings guidance, reflecting steady demand across its core segments.
Visteon, the Michigan-based automotive technology supplier, announced a 36% increase to its quarterly cash dividend on Thursday, signaling a stronger commitment to shareholder returns just a year after initiating its payout program.
Lemonade reported a stronger-than-expected fourth quarter on Thursday, fueled by a 53% revenue jump and a significant narrowing of its net loss. The digital insurer surpassed Wall Street forecasts across key metrics, including customer acquisition and premium growth, sending its shares up 13% in premarket trading.
Canadian Tire Corp. outperformed analyst expectations in the fourth quarter, reporting an 8.3% revenue increase as a surge in holiday traffic and well-stocked inventory fueled growth across its retail portfolio.
New York-based clinical-stage biotechnology firm AtaiBeckley has named Michael Faerm as its new chief financial officer, effective March 9, as part of a strategic realignment of its executive leadership team.
Zurich Insurance Group reported record annual earnings for 2025 and signaled it is on track to exceed midterm targets as it moves closer to a £8 billion ($10.79 billion) acquisition of U.K. specialist insurer Beazley. The Swiss giant has until March 4 to finalize a firm offer after reaching an agreement in principle that would create a global specialty insurance powerhouse with $15 billion in premiums.
Swiss watch exports declined in January as the industry struggled with shifting trade policies in the United States and a broader slowdown in luxury demand. While the Federation of the Swiss Watch Industry (FH) reported a 3.6% drop in total shipments to 1.9 billion Swiss francs ($2.46 billion), a cautious recovery in Greater China provided a rare bright spot for the sector.
Airbus Chief Executive Guillaume Faury reaffirmed the necessity of the Future Combat Air System (FCAS) on Thursday, countering recent skepticism from German leadership regarding the project's viability. Despite growing disagreements over technical specifications and industrial leadership, Faury argued that the €100 billion initiative remains essential for European defense autonomy through 2040.
The International Monetary Fund is calling on Beijing to overhaul its economic model, warning that a reliance on external demand is no longer sustainable as trade tensions and a domestic property slump weigh on the world’s second-largest economy.
U.S. equity futures signaled a cautious opening on Wall Street while European markets softened in morning trading, as investors balanced rising energy prices against a slight uptick in sovereign bond yields.
Mondi shares climbed to the top of the FTSE 100 on Thursday after the paper and packaging giant reported a 3% revenue increase, as robust sales volumes and recent acquisitions successfully offset a sharp decline in global pricing.
Alphabet’s Google and Singapore-based tech giant Sea are expanding their partnership to develop advanced "agentic AI" tools across e-commerce, gaming, and digital finance. The collaboration aims to integrate autonomous AI capabilities into Sea’s core platforms, including Shopee and Garena, to streamline consumer experiences and boost operational productivity across the Southeast Asian market.
Flight Holdings Inc. (3753.TO) reported a widening net loss of ¥356.00 million for the nine-month period ending Dec. 31, as the Japanese firm struggled with a significant contraction in top-line revenue. The results, based on Japanese accounting standards, reflect a challenging fiscal environment compared to the ¥271.00 million loss recorded during the same timeframe a year earlier.
Fisco Ltd. significantly reduced its parent-level net loss for the fiscal year ended December 31, 2025, reporting a deficit of 8 million yen as the company successfully pivoted back to operating profitability.
Freeport-McMoRan has reached a preliminary agreement with the Indonesian government to extend its operating rights at the massive Grasberg copper and gold mine beyond 2041, securing long-term access to one of the world's most critical mineral deposits.
South Korean brokerage stocks surged on Thursday, propelling the benchmark Kospi index past the 5,600 mark for the first time as investors reacted to robust trading volumes and proposed legislative reforms. The Kospi closed 3.1% higher, extending its year-to-date rally to 35% amid expectations of improved shareholder returns and rising commission revenues.
NTT Data Intramart Corp. reported a sharp increase in its nine-month earnings for the period ending December 31, with net profit reaching ¥618 million, up from ¥149 million a year earlier. The Japanese software provider saw revenue climb to ¥10.33 billion as operating margins improved significantly compared to the previous fiscal year.
Samsung Electronics shares surged to an all-time intraday high on Thursday, closing up 4.9% at 190,000 won ($131.72) as investors reacted to the company’s accelerated push into high-bandwidth memory (HBM) for artificial intelligence. The rally, which saw the stock touch a record 190,900 won, followed a broader tech surge in U.S. markets and growing optimism over Samsung’s newly launched HBM4 chips.
Japanese trading firm Meiwa Corp reported a decline in nine-month net profit to ¥2.18 billion, down from ¥2.45 billion a year earlier, despite a modest uptick in top-line revenue. The results, covering the period ending December 31, 2024, highlight a squeeze on bottom-line margins even as operating efficiency showed signs of improvement.
Yokohama Rubber Co. Ltd. reported a sharp increase in full-year earnings, with net profit climbing to Y105.40 billion as annual revenue exceeded the trillion-yen threshold. The Tokyo-based manufacturer saw double-digit growth across all primary financial indicators for the fiscal year ended December 31, 2025, according to its latest financial statement.
