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Textron Aviation Defense Secures First Contract to Deliver Beechcraft T-6 Texan II Integrated Training System to Japan
Businesswire· 2025-12-22 01:00
Core Points - Textron Aviation Defense LLC has finalized its first contract to deliver the Beechcraft T-6JP Texan II integrated training system to Japan's Air Self-Defense Force, including two aircraft and training materials, with deliveries scheduled for 2029 [1][2][3] - The T-6 Texan II is recognized as the world's most widely adopted integrated training system, with over 1,000 aircraft in service and more than 5 million flight hours logged, supporting pilot training across 15 nations [3][5][6] - The choice of the Beechcraft T-6 Texan II by Japan's Air Self-Defense Force reflects confidence in Textron Aviation Defense's military training systems [4][6] Company Overview - Textron Aviation Defense LLC is a subsidiary of Textron Aviation Inc., known for providing military flight trainers and integrated training systems, with a legacy of producing thousands of Beechcraft and Cessna aircraft since WWII [6][7] - The Beechcraft T-6 Texan II has been the leading integrated training system for over 20 years, characterized by low acquisition, operating, and sustainment costs, which enable rapid pilot production for global air forces [5][6] - Textron Inc. operates across multiple industries, leveraging its global network to provide innovative solutions and services, recognized for its powerful brands including Bell, Cessna, and Beechcraft [7]
Power restored for about 110,000 customers in San Francisco after outage
The Economic Times· 2025-12-22 00:58
"Crews restored about 110,000 customers by 7:30 a.m. Sunday and are working to restore the power for around 21,000 who remain without electric service," the utility said, adding that there were ‌no injuries ‍to workers or members of the ‍public. The energy provider expects to restore all ‌remaining impacted customers by no later than 2 p.m. PT (2200 GMT), it added in an update. The outage caused traffic jams and forced some businesses to close temporarily. "A large power outage is impacting San Francisco - ...
Asian stocks gain as hopes for year-end rally grow
The Economic Times· 2025-12-22 00:51
Economic Growth - The U.S. economy is forecasted to show strong growth in the third quarter, with median annualized growth expected at 3.2%, attributed to a significant pullback in imports following earlier increases due to tariffs [1][12] Investor Sentiment - Investor sentiment has reached extreme bullish levels at 8.5, which historically precedes market pullbacks, with global equities typically declining a median of 2.7% over the following two months [2][3][13] - The Fund Manager Survey indicates the most bullish sentiment in 3.5 years, driven by expectations of rate, tariff, and tax cuts [3][13] Market Performance - S&P 500 futures increased by 0.2% and Nasdaq futures rose by 0.3%, reflecting a prevailing fear of missing out among investors [6][13] - Japan's Nikkei index rose by 1.5%, benefiting from a decline in the yen, which is expected to enhance export earnings for Japanese companies [7][13] Currency Movements - The yen reached record lows against the euro and Swiss franc, prompting concerns from Japan's currency officials about excessive declines and potential intervention [8][13] - The dollar was steady against a basket of currencies, having gained 0.3% recently, with a potential target of 158.00 for further upward movement [9][13] Equity Inflows - Equity markets experienced record inflows of $98 billion last week, primarily driven by U.S. equity funds, while Chinese equity funds saw significant inflows as well [10][13] Commodity Prices - Silver prices reached a new record at $67.48 per ounce, marking a year-to-date gain of nearly 134%, while gold rose to $4,362 per ounce [11][13] - Oil prices increased following U.S. actions against Venezuelan oil tankers, with Brent crude rising to $60.88 per barrel and U.S. crude to $56.89 per barrel [11][13]
Permira-, Warburg-Led Consortium to Acquire Clearwater Analytics in $8.4B Deal
WSJ· 2025-12-22 00:47
Group 1 - Temasek, a state-owned investor from Singapore, is involved in the acquisition of a fintech software company [1] - The acquisition is supported by an investor group led by Francisco Partners [1]
Will Palantir Stock Crash in 2026?
The Motley Fool· 2025-12-22 00:46
Core Viewpoint - Palantir Technologies has seen its stock price surge over 1,000% since 2023, leading to a market cap exceeding 100 times its trailing revenue, positioning it as the 22nd largest company globally, primarily driven by the AI boom [1][2]. Financial Performance - Palantir's U.S. revenue grew 77% year over year to $883 million, with U.S. commercial revenue increasing by 121% [4]. - The company reported a GAAP operating margin of 33%, contributing to a trailing free cash flow of $1.79 billion on $3.9 billion in revenue [5]. - In the last quarter, Palantir closed 204 deals worth at least $1 million, indicating strong demand and growth potential [5]. Market Position and Challenges - Palantir operates in a competitive analytics software market, with global spending estimated at over $100 billion annually, but its addressable market is limited to U.S. allies [6]. - Revenue growth accelerated due to the AI boom starting in 2025, but comparisons in 2026 may be challenging, with potential growth rates falling to lower double digits [7]. Valuation Concerns - The stock is considered extremely overvalued, with a price-to-sales ratio exceeding 100, suggesting that significant future revenue growth and profit margin expansion are necessary to justify its current market cap of $426 billion [11]. - Even with optimistic projections of quadrupling revenue to $16 billion and achieving profit margins of 40%, the implied price-to-earnings ratio would still be 66.5, raising concerns about long-term investor returns [11][12].
Stocks in news: Infosys, Fortis Healthcare, Kotak Bank, SBI, Maruti Suzuki
The Economic Times· 2025-12-22 00:41
"In the current setup, a stock-specific trading approach remains advisable, with preference for sectors showing relatively higher strength such as banking, IT, auto and metals, while remaining selective in other segments," said Ajit Mishra – SVP, Research, In today's trade, shares of Fortis Healthcare, Kotak Bank, SBI, InfosysThe Infosys ADRs hit a fresh 52-week high of $30 on Friday, surging 40% and thus forcing the exchange to halt trading on two instances after volatility hit the roof. The chaos began i ...
German firm Enerparc bags electricity trading licence
BusinessLine· 2025-12-22 00:31
Group 1: Enerparc's Trading License - German solar company Enerparc has been granted a Category V trading license by the Central Electricity Regulatory Commission (CERC) for interstate trading, allowing it to trade 500 million units of electricity annually for 25 years [1] - The license requires a minimum net worth of ₹2 crore and prohibits Enerparc from engaging in the business of electricity transmission during the license period [1] Group 2: Enerparc's Operations - Enerparc has been operating in India for 12 years and is an EPC player, having built 180 solar plants in 27 countries with a total capacity of 47GW globally [2] Group 3: CERC's Transmission License Decisions - CERC has denied a transmission license to TP Gopalpur Transmission Ltd, previously known as EREX-XXXIX Power Transmission Limited, which is owned by the Odisha government [3] - The commission noted that one applicant, ACME, withdrew its application, and another applicant, AVAADA, expressed a desire to shift to intra-State operations, leaving no participants for the instant transmission scheme valued at approximately ₹2,892 crore [4][5] - CERC deemed it premature to grant a transmission license for the instant transmission scheme and referred the matter back to the National Committee on Transmission for reconsideration [5] Group 4: ACME's Project Status - ACME Clean Energy Pvt Ltd withdrew its application for grid connectivity of 2,182 MW at the Gopalpur substation, but this withdrawal does not indicate abandonment of its green hydrogen project [5][6] Group 5: GELITHIUM Inverter Launch - GEON, part of the Kolsite Group, launched GELITHIUM integrated inverter solutions, combining an advanced inverter with a high-performance lithium-ion battery in a compact unit [7] - GELITHIUM is designed for homes, clinics, and small retail setups, offering up to 95% power efficiency and a lifespan 5–6 times longer than traditional lead-acid batteries [8] - The product charges faster, operates silently, and is maintenance-free, eliminating the need for external batteries and complex installations [9]
Why I Am Never Selling VTI -- Even During a Market Crash
The Motley Fool· 2025-12-22 00:30
Core Viewpoint - The Vanguard Total Stock Market ETF is highlighted as a robust investment option, particularly during market volatility, and is recommended for long-term holding to prepare for potential market downturns [1][2]. Group 1: ETF Characteristics - The Vanguard Total Stock Market ETF aims to replicate the performance of the entire stock market, encompassing 3,527 stocks across all market sectors, providing significant diversification [4][5]. - Since its inception in 2001, the ETF has achieved total returns of nearly 486%, indicating its potential for substantial wealth accumulation over time [6]. - The ETF has an average annual return of just over 9% since launch, suggesting that consistent small investments can lead to significant long-term gains [7]. Group 2: Risk and Return - The Total Stock Market ETF is considered one of the lower-risk investment options, making it suitable for investors focused on minimizing risk during market downturns [4][10]. - A key drawback is that broad-market funds like this ETF can only earn average returns, as they are designed to track the market rather than outperform it [8]. - For investors seeking above-average returns, growth ETFs may be more appropriate, despite their higher risk and volatility [9].
Why Is Everyone Talking About Broadcom Stock Right Now?
The Motley Fool· 2025-12-22 00:30
Core Insights - The article discusses the investment recommendations made by The Motley Fool, specifically highlighting Broadcom as a recommended stock [1] Company Analysis - Broadcom is identified as a stock that The Motley Fool recommends, indicating a positive outlook on its performance [1]
Windward Bio Expands Immunology Pipeline With WIN027, a Long-Acting, Clinical-Stage Bispecific Targeting TSLP and IL-13
Globenewswire· 2025-12-22 00:26
Windward Bio and Qyuns Therapeutics announce licensing agreement for WIN027, a highly potent, long-acting bispecific antibody with best-in-disease potential in respiratory and dermatologyWIN027 blocks 2 well-validated and synergistic drivers of inflammation — TSLP and IL‑13 — that play integral roles in respiratory and dermatology diseasesWIN027 deepens the company’s immunology pipeline and is currently in Phase 1 BASEL, Switzerland, Dec. 21, 2025 (GLOBE NEWSWIRE) -- Windward Bio AG, a private, clinical-sta ...