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CGI and Schneider Electric deliver end-to-end solutions for energy providers
Prnewswire· 2026-02-19 11:30
Core Insights - CGI and Schneider Electric are expanding their strategic partnership to provide sustainable end-to-end solutions for energy suppliers in the DACH region, addressing challenges and opportunities in the energy market [1] - The partnership combines CGI's industry expertise with Schneider Electric's advanced solutions for grid operations and planning, including ADMS and GIS [1] - AI is highlighted as a critical component in future transformation projects, enhancing process optimization, cost efficiencies, and sustainability in the energy sector [1] Group 1: Partnership Details - The collaboration aims to support energy suppliers in navigating regulatory complexities and transitioning to renewable energy [1] - Schneider Electric will provide grid operation solutions, while CGI will offer software implementation and system integration as a managed services partner [1] - The partnership builds on over 30 years of collaboration between the two companies, emphasizing technological excellence and industry knowledge [1] Group 2: Industry Context - The energy market is experiencing a shift due to the digitization of networks and increasing regulatory demands, creating both challenges and opportunities [1] - CGI and Schneider Electric are involved in the Digitopia Business Hub of Eurelectric, focusing on digital transformation and common challenges in the energy sector [1] - AI applications are set to be a key topic in 2026, aimed at accelerating decarbonization and improving system efficiency [1] Group 3: Company Profiles - CGI, founded in 1976, is one of the largest independent IT and business consulting firms globally, with reported revenue of CA$15.91 billion for Fiscal 2025 [1] - Schneider Electric is a leader in energy technology, focusing on efficiency and sustainability through electrification, automation, and digitalization, with a workforce of 160,000 employees [1]
Jones Soda Rolls Out Sunset Sarsaparilla 12-Packs to Club Stores Across Canada
Prnewswire· 2026-02-19 11:30
Core Insights - Jones Soda Co. has initiated the shipment of Sunset Sarsaparilla 12-packs to club stores across Canada, marking its largest licensed club-store deployment to date [1] - The distribution now covers every Canadian province, significantly increasing the availability of the Fallout-inspired beverage lineup [1] - The company aims to leverage high-velocity 12-pack formats to drive repeat purchases and premium impulse demand within the club channel [1] Company Strategy - The rollout aligns with Jones Soda's broader strategy to connect brand heritage with high-engagement fan communities and national retail partners [1] - The partnership with Bethesda Softworks to create sodas inspired by the Fallout franchise has generated strong demand among Canadian fans [1] - The company emphasizes authentic storytelling, disciplined partnerships, and scalable retail execution as key components of its brand strategy [1] Product Features - The Sunset Sarsaparilla 12-pack is the first licensed release to include exclusive collectible postcards featuring themed drink recipes, enhancing consumer engagement [1] - Early sell-through rates have been positive, reinforcing the strategy of pursuing high-impact collaborations that perform well in national club channels [1] - The company expects continued expansion of the Fallout platform through additional pack formats and licensed activations throughout 2026 [1] Market Performance - Historically, similar licensed launches have outperformed core SKUs during initial launch windows, particularly in limited and collectible formats [1] - The company is focused on driving profitable growth through branded innovation, expanded distribution, and high-engagement consumer experiences [1]
Deere Reports First Quarter Net Income of $656 Million
Prnewswire· 2026-02-19 11:21
Core Viewpoint - Deere & Company reported a net income of $656 million for the first quarter of fiscal 2026, a decrease from $869 million in the same quarter of the previous year, while increasing its net income guidance for the fiscal year to a range of $4.5 billion to $5.0 billion, indicating resilience and growth potential across diverse customer segments and geographies [1][2][3] Financial Performance - Net income for Q1 2026 was $656 million, or $2.42 per share, compared to $869 million, or $3.19 per share, in Q1 2025, reflecting a 25% decrease [1][2] - Worldwide net sales and revenues increased by 13% to $9,611 million in Q1 2026, up from $8,508 million in Q1 2025 [1][2] - Net sales for the quarter were $8,001 million, compared to $6,809 million in the same quarter of 2025, marking a 17.5% increase [1][2] Segment Performance - **Production & Precision Agriculture**: - Net sales increased by 3% to $3,163 million, but operating profit decreased by 59% to $139 million due to higher tariffs and unfavorable sales mix [1][2] - **Small Agriculture & Turf**: - Net sales rose by 24% to $2,168 million, with operating profit increasing by 58% to $196 million, driven by higher shipment volumes [1][2] - **Construction & Forestry**: - Net sales increased by 34% to $2,670 million, with operating profit rising by 111% to $137 million, attributed to higher shipment volumes and production efficiencies [1][2] Company Outlook - The company forecasts net income for fiscal 2026 to be in the range of $4.5 billion to $5.0 billion, indicating a positive outlook for growth as it transitions out of the current cycle [1][2] - Deere's sustained investment in research and development is expected to yield measurable results, enhancing its product portfolio across all business segments [1][2] Industry Outlook - **Agriculture & Turf**: - U.S. & Canada: Large Ag expected to decline by 15% to 20%, while Small Ag & Turf is flat to up 5% [1] - Europe: Flat to up 5% [1] - South America: Down approximately 5% [1] - Asia: Flat to down 5% [1] - **Construction & Forestry**: - U.S. & Canada: Construction Equipment up approximately 5% [1] - Global Forestry flat [1] - Global Roadbuilding up approximately 5% [1]
Hyperscale Data Subsidiary askROI Surpasses 1,300,000 Downloads on Apple App and Google Play Stores
Prnewswire· 2026-02-19 11:00
Core Insights - Hyperscale Data's subsidiary askROI has achieved over 1,300,000 downloads on Apple and Google Play stores, indicating strong organic growth and user interest in its AI-driven platform [1] - The askROI platform integrates multiple generative AI systems, allowing users to select optimal models for various tasks, enhancing productivity and decision-making capabilities [1] - Recent upgrades to askROI include collaborative features, real-time tools, and advanced data analysis capabilities, positioning the platform to meet future AI developments [1] Product Features - askROI enables users to orchestrate various AI models for tasks such as content generation, analytics, and workflow automation [1] - Key functionalities include continuous model upgrades, context-aware reasoning, and multi-model comparison [1] - The platform supports data integration from various sources, allowing for tailored AI-powered responses and high-value financial analysis [1] Productivity Tools - The platform offers a comprehensive suite of productivity tools beyond a chat interface, including automated document generation and knowledge management systems [1] - Recent enhancements include collaborative workspaces, group chat environments, and AI-generated responses within team discussions [1] - Users can create and distribute content directly within the platform using multimodal tools such as image recognition and AI image generation [1] Security and Data Analysis - askROI emphasizes user data protection with enterprise-level security architecture, including encrypted data transmission and privacy controls [1] - The platform provides advanced technical tools for users, including executable Python code environments and complex calculation engines for institutional-grade research [1] Company Overview - Hyperscale Data operates a data center for mining digital assets and offers colocation and hosting services, with plans for a divestiture of its subsidiary Ault Capital Group expected in Q4 2026 [2] - The company is focused on acquiring undervalued businesses and disruptive technologies, aiming for growth in various industries including AI, defense, and healthcare [2]
Wishpond Enters into Asset Purchase Agreement to Sell Viral Loops for $2.3 Million to Strengthen Balance Sheet
Prnewswire· 2026-02-19 11:00
Wishpond Enters into Asset Purchase Agreement to Sell Viral Loops for $2.3 Million to Strengthen Balance Sheet [Accessibility Statement] Skip NavigationVANCOUVER, BC, Feb. 19, 2026 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of AI-enabled marketing-focused online business solutions, today announced that it has entered into an asset purchase agreement dated February 19, 2026 to sell its Viral Loops product and related assets ("Viral Loops") ...
EPAM Reports Results for Fourth Quarter and Full Year 2025
Prnewswire· 2026-02-19 11:00
expenses243,161216,969928,707816,300Depreciation and amortization expense30,78726,556124,81189,559Income from operations149,254136,512520,003544,584Interest and other income (loss), net(89)6,45111,54646,876Foreign exchange loss(5,344)(5,632)(25,925)(7,048)Income before provision for income taxes143,821137,331505,624584,412Provision for income taxes34,46734,032127,946129,879Net income$ 109,354$ 103,299$ 377,678$ 454,533Net income per share:Basic$ 1.99$ 1.82$ 6.76$ 7.93Diluted$ 1.98$ 1.80$ 6.72$ 7.84Shares us ...
SWI Capital Holding Ltd lists on Euronext Amsterdam
Prnewswire· 2026-02-19 09:42
Core Insights - SWI Capital Holding Ltd has officially listed its shares on Euronext Amsterdam under the ticker symbol "SWICH," marking a significant milestone for the company and its growth strategy [1] - The company has a proforma balance sheet of approximately €3.2 billion as of December 31, 2025, and a market capitalization of €1.619 billion at the introductory share price of €3.76 [1] - SWI Group operates as a global investment conglomerate with a diverse portfolio across various sectors, including digital infrastructure, real estate, financial institutions, hedge funds, and alternative investments [1] Company Overview - SWI Group employs over 280 people across 26 offices in 18 countries, showcasing its global presence [1] - The group has significant real estate capabilities through the Stoneweg Group, which holds a portfolio of over 300 assets primarily in Europe, the US, and the Maldives [1] - SWI Group also manages two publicly listed vehicles: SERT on the Singaporean Stock Exchange and Varia US on the Zurich SIX Stock Exchange [1] Investment Strategies - The company is actively involved in the development, acquisition, and management of data center assets through its subsidiary AiOnX, aiming to build high-quality, income-generating infrastructure [1] - SWI Group's investment strategies include partnerships with banks, asset managers, and FinTech companies, allowing it to adapt to the evolving financial landscape [1] - The company is expanding its entertainment division with investments in sports and cultural landmarks, including Icona Racing and the Never Say Never sports agency platform [1] Recent Developments - SWI Capital Holding is in advanced negotiations to acquire a significant stake in digital infrastructure and technology-enabled businesses, although no assurance of a deal has been provided [1] - The listing is seen as a strategic move to strengthen the company's capacity to scale and attract long-term capital [1]
AB Electrolux publishes 2025 Annual Report
Prnewswire· 2026-02-19 09:34
Core Insights - AB Electrolux has published its 2025 Annual Report, highlighting a renewed strategy focused on growth and operating margin targets [1] Group 1: Renewed Strategy - The renewed strategy is centered around four key pillars: cash generation, cost leadership, lifetime value creation, and consumer preference [1] - Cash generation aims for organic growth and healthy margins through disciplined financial management, reduced capital expenditure, and investment decisions focused on measurable returns [1] - Cost leadership emphasizes product cost-out, value engineering, and enhanced supplier strategy to drive efficiency and reduce costs [1] - Lifetime value creation focuses on connected products that enhance durability and consumer value, aiming to engage consumers throughout the ownership journey [1] - Consumer preference involves refining brand positioning and launching new products under Electrolux, AEG, and Frigidaire, which received high consumer ratings [1] Group 2: Sustainability Highlights - The Group achieved a total case incident rate of 0.33, indicating strong health and safety performance [1] - Recycled materials accounted for 23% of the materials used in products manufactured by the Group [1] - In 2025, 97% of electricity and 67% of total energy in operations came from renewable sources [1] - Emissions were reduced by 45% in Scope 1 and 2, and by 33% in Scope 3 compared to 2021 [1] - The most resource-efficient products accounted for 26% of total units sold and 36% of gross profit [1]
SAP Proposes Dividend of €2.50 per Share
Prnewswire· 2026-02-19 07:00
Core Viewpoint - SAP SE recommends a dividend of €2.50 per share for fiscal year 2025, marking a 6.4% increase from the previous year [1] Group 1: Dividend Details - The proposed dividend represents an increase of €0.15 compared to the dividend paid for fiscal year 2024 [1] - If approved, the total dividend distribution would amount to approximately €2.919 billion, up from €2.743 billion in 2024, with a payout ratio of 40.7% compared to 52.0% in 2024 [1][2] - The record date for the dividend payment is set for May 5, 2026, with the ex-dividend date on May 6, 2026, and payment scheduled for May 8, 2026 [6] Group 2: Shareholder Benefits - SAP emphasizes that shareholders should benefit from the profits made in 2025, adhering to a dividend policy of distributing 40% or more of Non-IFRS profit after tax [2] - The final dividend amount for holders of SAP ADRs will depend on the euro/US dollar exchange rate, as dividends are paid in euros [2]
Kyndryl launches Cyber Defense Operations Center to unify enterprise IT operations
Prnewswire· 2026-02-19 05:01
Core Insights - Kyndryl has launched its first Cyber Defense Operations Center in Bengaluru, India, aimed at unifying network and security operations to enhance resilience and incident response [1] - The new center addresses the increasing complexity of IT environments, driven by AI-related cyber risks and the demand for continuous service delivery [1] - Only 31% of organizations are prepared for external business risks, with technology complexity being a significant barrier to scaling AI [1] Group 1: Cyber Defense Operations Center - The Cyber Defense Operations Center integrates network and security operations into a single operating model, providing global customers with expertise in cybersecurity and network operations [1] - The center offers end-to-end services, including advisory, design, implementation, and managed operations, to help enterprises modernize their IT environments [1] - Kyndryl's approach includes automated operations, role-based dashboards, and AI-enabled assessment services to enhance visibility and collaboration [1] Group 2: Market Context and Demand - Enterprises are facing faster and more intelligent cyber risks due to the rise of agentic AI and a shortage of skilled talent to manage these risks [1] - Kyndryl plans to expand the Cyber Defense Operations Center beyond India to meet growing global demand for integrated operating models [1] - The center is part of Kyndryl's broader portfolio of network and security services designed for the AI era, including advanced data center networking and secure access service edge (SASE) [1]