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Telus Names Former CIBC Chief Dodig Successor to CEO Entwistle
WSJ· 2026-02-12 15:58
Telus longtime Chief Executive Darren Entwistle will hand over the reins of the Canadian telecom giant, making way for former bank boss Victor Dodig. ...
Home sales fell 8.4% in January, the biggest monthly decline since February 2022
WSJ· 2026-02-12 15:15
Core Insights - The article highlights that frozen temperatures and high home prices have negatively impacted sales momentum that was previously observed in the housing market [1] Group 1 - The combination of adverse weather conditions and elevated home prices has led to a decline in housing sales [1]
FedEx Targets Higher Revenue in Fiscal 2029
WSJ· 2026-02-12 14:07
Core Insights - FedEx has provided guidance for increased annual revenue in fiscal year 2029, focusing on its higher-margin businesses [1] Group 1 - The company is prioritizing higher-margin segments to enhance profitability [1] - FedEx's strategic shift indicates a long-term vision for sustainable growth [1] - The revenue forecast reflects confidence in the company's operational efficiency and market positioning [1]
Crocs Logs Lower Profit as Sales Fall
WSJ· 2026-02-12 13:14
Crocs logged lower profit in its latest quarter as sales fell, driven by a decline for its Heydude brand. ...
Restaurant Brands International Profit Slides Despite Revenue Growth
WSJ· 2026-02-12 12:45
Core Insights - Restaurant Brands International experienced a decline in profit during the fourth quarter, despite an increase in sales across its major brands, which contributed to revenue growth in the period [1] Financial Performance - The company's revenue increased due to higher sales across its major brands, indicating strong consumer demand [1] - However, the profit fell, suggesting that rising costs or other factors may have impacted the bottom line despite the revenue growth [1]
Bombardier Sees More Deliveries, Stronger Revenue in 2026
WSJ· 2026-02-12 12:22
Core Viewpoint - Bombardier anticipates that increased jet deliveries will drive revenue beyond $10 billion by 2026, continuing its positive momentum following a strong fourth quarter [1] Group 1: Financial Performance - The company reported a robust fourth quarter, contributing to its optimistic revenue projections [1] - Revenue is expected to surpass $10 billion in 2026, indicating significant growth potential [1] Group 2: Operational Outlook - The expectation of more jet deliveries suggests a solid operational pipeline and demand for Bombardier's products [1] - The company is extending its post-turnaround momentum, reflecting successful strategic initiatives [1]
Italian Shipbuilder Fincantieri Expects Sales to Double by 2035 on Defense Demand
WSJ· 2026-02-12 12:10
Core Viewpoint - The company anticipates that sales will approximately double to $21.37 billion by 2035, driven by increasing demand for submarines, warships, and icebreakers due to rising geopolitical tensions [1] Summary by Category - **Sales Growth**: The company expects sales to reach $21.37 billion by 2035, indicating a significant growth trajectory [1] - **Market Demand**: The anticipated growth is attributed to heightened demand for military vessels, including submarines and warships, as well as icebreakers [1] - **Geopolitical Factors**: The increase in sales is fueled by escalating geopolitical tensions, which are influencing defense spending and naval capabilities [1]
PG&E Profit Down, Tightens Adj EPS View for Year
WSJ· 2026-02-12 11:36
Core Insights - PG&E's fourth-quarter net income decreased compared to the previous year, indicating a decline in profitability for the California power producer [1] - Despite the drop in net income, PG&E has raised the lower end of its projection for adjusted earnings in 2026, suggesting a more optimistic outlook for future performance [1] Financial Performance - The company reported a decline in net income for the fourth quarter, reflecting challenges in the current operating environment [1] - The adjustment to the earnings projection for 2026 indicates a strategic response to market conditions and potential recovery in earnings [1]
CarMax Taps Hotel Veteran to Lead Turnaround
WSJ· 2026-02-12 11:20
Core Viewpoint - Keith Barr, the former CEO of IHG Hotels & Resorts, is expected to leverage his digital expertise in the used-car retail sector [1] Group 1 - Keith Barr's appointment is anticipated to enhance the digital capabilities of the used-car retailer [1] - The company aims to improve customer experience through digital transformation initiatives under Barr's leadership [1]
Adyen Shares Hit Two-Year Low After Revenue Miss, Flat Adjusted Earnings Forecast
WSJ· 2026-02-12 11:05
Group 1 - The company's revenue did not meet consensus expectations [1] - The company forecasts flat EBITDA margin growth for the new year [1]