Valued at a market cap of $150.1 billion, Lockheed Martin Corporation (LMT) is an aerospace and defense company based in Bethesda, Maryland. It designs and manufactures advanced technology systems, including fighter jets, missiles and air defense systems, military helicopters, satellites, and space exploration technologies. This aerospace and defense company has notably outpaced the broader market over the past 52 weeks. Shares of LMT have surged 50.1% over this time frame, while the broader S&P 500 Inde ...

Core Insights - Canaccord Genuity Group reported a significant increase in revenue and earnings for its fiscal 2026 third quarter, driven by favorable market conditions, particularly in the mining sector, amid record gold prices and strong demand for industrial metals [4][6] Financial Performance - Firm-wide revenue reached CAD 616 million for the quarter, marking a 37% year-over-year increase and a 16% sequential rise, representing the second-highest quarterly revenue on record [3][7] - Adjusted pre-tax net income was CAD 81 million, doubling from the prior-year period, resulting in an adjusted diluted EPS of CAD 0.36 [2][7] - Capital markets revenue rose 43% year-over-year to CAD 301 million, with Australia contributing nearly 50% of total investment banking revenues, primarily linked to natural resources [6][8] Wealth Management - Wealth management revenue was CAD 304 million, up 30% year-over-year, with adjusted pre-tax net income increasing by 57% to CAD 57 million [10] - The growth in wealth management was supported by a 32% rise in commissions and fees to CAD 240 million, mainly from Australia and Canada [11] Strategic Moves - The company completed the sale of its U.S. wholesale market-making business and acquired CRC-IB and Wilsons Advisory, enhancing its Australian wealth management scale [5][17] - A rights offering was initiated to reduce acquisition debt while maintaining control over the Australian business, with ownership expected to decline from 65% [16] Client Assets - Client assets reached a record CAD 145 billion, up 26% year-over-year, driven by market appreciation, acquisitions, and positive net flows [12] Cost Management - Non-compensation expenses decreased to CAD 152 million, representing 25% of revenue, with a focus on margin expansion [13] Outlook - The company anticipates some moderation in revenue levels but expects broadly supportive market conditions, particularly in Canadian capital markets and improving results in the U.S. and U.K. [18]

Tsivin said the company’s strategy is to simplify, modernize, and integrate its legal software portfolio into a unified global operating platform. He emphasized plans to significantly reduce the number of product SKUs and converge toward global product lines, describing the target state as an integrated practice management platform with embedded workflow applications, API-enabled data and due diligence, and a unified customer experience.However, Tsivin said the company’s rapid acquisition-driven expansion o ...

Operating profit rose to EUR 2.8 billion , up 7.1% , on an operating margin of 13.4% , an expansion of around 50 basis points. Earnings per share were EUR 4.11 , up 6.2% on a comparable basis, with buybacks providing accretion but offset by a higher effective tax rate and higher interest expense as debt is refinanced at higher rates.CFO Ed Walker reported revenue of EUR 20.9 billion , up 2.8% , with comparable volumes “marginally ahead.” Revenue per case increased 2.9% , with Walker emphasizing that more th ...

Chicago, Illinois-based Northern Trust Corporation (NTRS) is a financial holding company with a market cap of $27.7 billion. It provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals. This asset management company has outpaced the broader market over the past 52 weeks. Shares of NTRS have soared 31.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.8%. Moreover, on a YTD basis, the stock is u ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Kyndryl on Tuesday disclosed material weaknesses in its internal controls for financial reporting in announcing the filing of its delayed 10-Q for its fiscal third quarter for 2026— though it also noted it has not made any financial restatements for its current period or any previous periods. The filing comes approximately a week after the New York-based enter ...

Schaffhausen, Switzerland-based Garmin Ltd. (GRMN) designs, develops, manufactures, markets, and distributes a range of wireless devices. Valued at $41.3 billion by market cap, the company designs, develops, manufactures, and markets hand-held, portable, and fixed mount GPS-enabled products serving automotive, aviation, marine, outdoor, and fitness markets. Shares of this leading provider of navigation and communication devices have underperformed the broader market over the past year. GRMN has gained 2. ...

Quick Read Pacer Cash Cows ETF (COWZ) surged 7% year-to-date while the S&P 500 sits flat. COWZ outperformed by nearly 20 percentage points over five years. Top holdings include Exxon Mobil, Chevron, Gilead Sciences and Merck. Healthcare represents 22.3% of COWZ and energy 18% with $18.3B in assets under management. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. While the S&P 500 (NYSEARCA:SPY) sit ...

Valued at a market cap of $86.9 billion, Illinois Tool Works Inc. (ITW) is a diversified industrial manufacturing company based in Glenview, Illinois. It designs and produces a wide range of engineered products, including fasteners and components, equipment, consumable systems, and specialty industrial products, that serve markets such as automotive, construction, food equipment, test & measurement, polymers & fluids, and welding. This industrial company has outpaced the broader market over the past 52 w ...

General Dynamics Corporation (GD), headquartered in Reston, Virginia, operates as a global aerospace and defense company. Valued at $94 billion by market cap, the company offers a broad portfolio of products and services in business aviation, combat vehicles, weapons systems, munitions, shipbuilding design and construction, information systems, and technologies. Shares of this defense giant have outperformed the broader market considerably over the past year. GD has gained 41.2% over this time frame, whi ...