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Metlen Energy & Metals shares tumbled on Friday after the U.K.-based industrial group slashed its 2025 earnings outlook, citing significant cost overruns and stalled asset sales. The revision marks a sharp pivot from previous forecasts that saw the company crossing the billion-euro profit threshold.
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 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.
Capstone Copper has finalized a three-year collective bargaining agreement with its final outstanding labor group at the Mantoverde mine in Chile, ending a month-long strike that had significantly curtailed production since early January.
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.
Cookpad Inc. reported a significant decline in full-year earnings for the period ending December 31, as the Japanese recipe-sharing giant struggled with shrinking revenues and a sharp contraction in operating income.
China’s top contract chipmaker, SMIC, is expected to report a 30% rise in fourth-quarter net profit this Tuesday, though analysts warn that aggressive capacity expansion and shifting U.S. trade policies could squeeze future margins.
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 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.
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.
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.
Tokyo-listed Geostr Corp. reported a sharp increase in its nine-month earnings through December 31, with net profit climbing to ¥696 million as the company benefited from higher revenues and improved operational efficiency.
T. Hasegawa Co. Ltd. reported a 22.6% drop in first-quarter net profit, as the Japanese fragrance and flavor specialist struggled with thinning margins despite a slight increase in top-line revenue.
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.
Osaka-based IPS Co. Ltd. (4335.TO) posted a net profit of 117.00 million yen for the six months ended December 31, 2024, as improved operating margins offset a period of steady revenue growth.
Keifuku Electric Railroad Co. reported a net profit of ¥1.44 billion for the nine months ended December 31, surpassing the previous year’s performance as the Japanese transport operator benefited from increased service demand.
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.
Fujitec Co. Ltd. reported a significant increase in net profit for the nine months ended Dec. 31, 2024, as improved operational efficiency pushed earnings to ¥13.87 billion despite a slight decline in top-line revenue.
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 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.
Tokyo-based logistics giant Mitsui-Soko Holdings reported a steady increase in net profit for the nine months ended December 31, buoyed by a significant climb in top-line revenue and sharpened operational margins.
U.S. stock futures and European equities struggled for momentum on Tuesday, as a double-digit slide in Stellantis shares countered gains in the energy sector and defense-related stocks.
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 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 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 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.
Japanese signaling specialist Daido Signal Co. Ltd. reported a significant jump in operating income for the nine months ending December 31, though a contraction in net profit weighed on overall earnings per share.
Japan Electronic Materials Corp. reported a sharp rise in nine-month net profit to ¥3.47 billion, driven by a significant expansion in revenue as demand for semiconductor components remains resilient.
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. 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.