American Electric Power surpassed Wall Street expectations for fourth-quarter profit on Thursday, and said it would expand its five-year capital expenditure plan beyond $72 billion to meet the surging... ...

Group 1 - Baxter International Inc. forecasts 2026 adjusted profit between $1.85 and $2.05 per share, which is below analysts' average expectation of $2.25 per share [1] - The lower profit forecast is attributed to ongoing disruptions caused by hurricanes at a key manufacturing unit [1]

Exclusive: Italian tax police search Amazon in new tax probe, sources say | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Flags flutter outside a distribution centre, during a strike at Amazon's logistics operations in Italy, in Passo Corese, Italy March 22, 2021. REUTERS/Remo Casilli [Purchase Licensing Rights, opens new tab]- Companies[Amazon.com Inc]FollowMILAN, Feb 12 (Reuters) - Italian tax police carried out searches on Thurs ...

Howmet Aerospace on Thursday forecast first-quarter profit above Wall Street expectations, as the maker of castings and fasteners for aircraft benefited from strong industry demand for planes and part... ...

Core Viewpoint - Iron Mountain forecasts fiscal 2026 revenue exceeding Wall Street estimates due to increased enterprise spending on data center land leases for artificial intelligence workloads [1] Group 1: Revenue Forecast - The company anticipates annual revenue between $7.63 billion and $7.78 billion, surpassing the estimated $7.60 billion [1] - Expected annual adjusted funds from operations are projected to be between $5.69 and $5.79 per share, compared to the estimate of $5.73 per share [1] - First-quarter revenue is expected to be around $1.86 billion, exceeding the estimate of $1.80 billion [1] Group 2: Market Context - The surge in generative artificial intelligence is driving companies to invest heavily in large data centers to support complex model training and operations [1] - Iron Mountain has transitioned from a physical record management company to a provider of digital information management for numerous businesses [1] - The fourth-quarter revenue reported was $1.84 billion, which also beat the estimates of $1.80 billion [1]

Core Insights - Nebius, an Amsterdam-based AI cloud services firm, is planning to construct a 240-megawatt data centre in Béthune, France, which will be among the largest in Europe upon completion [1][1] - The project involves redeveloping a former Bridgestone tyre plant and is expected to deliver capacity in phases, with the first capacity expected to be operational by late summer and approximately half of the site operational by the end of 2026 [1][1] - Nebius has gained recognition for securing significant deals to provide AI infrastructure to major U.S. companies, including a $17 billion agreement with Microsoft and a $3 billion deal with Meta [1][1] Financial Implications - Although the financial specifics of the Béthune project were not disclosed, a data centre of this magnitude is anticipated to require several billion euros in investment [1][1]

Core Insights - West Pharmaceutical is forecasting annual profit above Wall Street estimates following a strong fourth-quarter performance driven by high demand for its proprietary products, including syringes [1] Group 1 - The company reported better-than-expected fourth-quarter results, indicating robust demand for its proprietary products [1] - The forecast for annual profit suggests a positive outlook, exceeding market expectations [1]

Burger King owner Restaurant Brands beats fourth-quarter sales estimates | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Item 1 of 2 Restaurant Brands International logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration[1/2]Restaurant Brands International logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration [Purchas ...

Bombardier fourth-quarter revenue rises on higher business jet deliveries | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]People stand next to a Bombardier Global 7500 aircraft at Bombardier's private jet completion center in Montreal, Quebec, Canada February 6, 2025. REUTERS/Evan Buhler/File Photo/File Photo [Purchase Licensing Rights, opens new tab]Feb 12 (Reuters) - Bombardier [(BBDb.TO), opens new tab] on Thursday reported high ...

Core Viewpoint - Mercedes-Benz Group CEO Ola Kaellenius emphasized a shift in strategy from "value over volume" to a focus on "profitable growth" to reassure investors [1]. Group 1: Company Strategy - The company is transitioning its mantra to prioritize profitable growth, indicating a potential retreat from its previous strategy of prioritizing value over volume [1]. - This strategic shift aims to enhance investor confidence and align with market expectations for sustainable profitability [1].