KALMAR CORPORATION, INTERIM REPORT JANUARY–SEPTEMBER 2025, 31 OCTOBER 2025 AT 9:00 AM (EET) Kalmar's interim report January–September 2025: Improved profitability in the quarter Record-high comparable operating profit margin of 13.8 percent, supported by Services and improved efficiencyGlobal market uncertainty persisted, volatility in the tariff and trade policy landscape dampened decision-makingSolid performance in Services with both increased orders received and profitabilityEquipment orders received dec ...

BlackRock’s loss will fuel wider concerns about shadow banking industry - Getty The world’s biggest investment group is facing a $500m (£380m) hit after its shadow banking business fell victim to an alleged fraud. BlackRock’s private credit investment arm, HPS Investment Partners, has started legal action to recover loans it made to a US telecom firm, which has been accused of faking payments from customers. The loss will fuel concerns about the opaque shadow banking industry, which has drawn billions of ...

Core Insights - The third quarter of 2025 experienced a decline in revenues compared to the same period in 2024, attributed to low client activity in the Nordic markets, although the first nine months showed moderate growth and gradual earnings improvement [5][6] - Turnover for January–September 2025 increased by 8.1% to EUR 12.4 million, while EBITDA improved, indicating positive effects from operational efficiency and cost control measures [6][10] - The company is focusing on execution and optimization rather than expansion, with a strong emphasis on applied AI, which is seen as a critical area for future development [7][9] Financial Performance - Q3 2025 turnover was EUR 3.3 million, a decrease of 6.7% from EUR 3.6 million in Q3 2024 [10] - Q3 2025 EBITDA was EUR -0.6 million, representing -18.8% of turnover, compared to -5.0% in the previous year [10] - For the January–September period, net income was EUR -3.6 million, a decrease from EUR -4.0 million in the same period last year, with earnings per share improving slightly from EUR -1.40 to EUR -1.27 [10] Strategic Focus - The company has strengthened its position in applied AI, with its platform Stacken being utilized for various client initiatives, reflecting growing demand for secure AI solutions [7] - Digitalist Open Tech AB received ISO/IEC 42001 certification, enhancing the company's credibility in responsible AI development [8] - The company has expanded its work within the Swedish public sector, taking on new assignments with agencies such as the Swedish Gender Equality Agency and the National Board of Health and Welfare [9] Future Outlook - The company anticipates improvements in turnover and EBITDA for 2025 compared to 2024 [12] - Despite efficiency measures, cash flow is expected to be negative over the next 12 months, although working capital is deemed sufficient for operational needs [13]

This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief:  AI is expected to drive up to 20% in net cost reductions for banks as the technology is implemented across the industry, according to McKinsey & Company’s Global Banking Annual Review 2025 published last week. But AI-driven cost savings aren’t expected to last, as competition will erode gains for banks and savings will pass to customers rather than the industry ...

Group 1: Earnings Reports - Exxon Mobil Corp. is expected to report quarterly earnings of $1.82 per share on revenue of $87.71 billion [2] - Apple Inc. reported fourth-quarter revenue of $102.47 billion, exceeding analyst estimates of $102.17 billion, with earnings of $1.85 per share, beating estimates of $1.76 per share [2] - Chevron Corp. is anticipated to post quarterly earnings of $1.71 per share on revenue of $49.01 billion [2] - Amazon.com Inc. reported third-quarter net sales of $180.2 billion, a 13% year-over-year increase, surpassing the consensus estimate of $177.8 billion [2] - Western Digital Corp. issued strong second-quarter earnings guidance, expecting adjusted earnings between $1.73 and $2.03 per share, compared to estimates of $1.71 per share [2] Group 2: Stock Performance - Exxon Mobil shares fell 0.3% to $114.30 in after-hours trading [2] - Apple shares gained 2.3% to $277.75 in after-hours trading [2] - Chevron shares fell 0.2% to $153.20 in after-hours trading [2] - Amazon shares jumped 13.2% to $252.18 in after-hours trading [2] - Western Digital shares surged 10.4% to $152.50 in after-hours trading [2]

Larsen & Toubro has entered into a strategic partnership with US-based General Atomics Aeronautical Systems to manufacture Medium Altitude Long Endurance remotely piloted aircraft systems in India for the country’s armed forces, the companies announced on Friday. Under the agreement, L&T will serve as the prime bidder in the Ministry of Defence’s upcoming procurement programme for 87 MALE RPAS units, with GA-ASI acting as the technology partner. The collaboration will enable production of GA-ASI’s MQ-series ...

Core Insights - Tetragon has released its Monthly Factsheet for September 2025, providing key financial metrics and updates on its performance [1]. Financial Performance - The Net Asset Value (NAV) of Tetragon is reported at $3,886 million, with a fully diluted NAV per share of $42.19 [4]. - The current share price for Tetragon (TFG NA) is $19.30, indicating a significant discount to NAV [4]. - The Monthly NAV per Share Total Return stands at 7.1%, while the Monthly Return on Equity is reported at 8.2% [4]. - A quarterly dividend of $0.11 (11.00 cents) per share has been declared, resulting in a dividend yield of 2.3% [4][5]. Corporate Actions - Tetragon has completed the sale of a minority stake in Equitix to Hunter Point Capital, marking a strategic move in its investment portfolio [6].

FTX co-founder gary wang and Sam Bankman Fried. Photo by BeInCrypto Disgraced FTX founder Sam Bankman-Fried (SBF) has claimed in a new report that his bankrupt cryptocurrency empire was never insolvent. He alleged that bankruptcy lawyers, not fraud, are to blame for the collapse that shook global crypto markets in 2022. The report drew sharp responses from blockchain investigators quickly. Crypto sleuth ZachXBT accused SBF of misleading people again and trying to shift blame. Behind The FTX Collapse The ...

Oct 31, 2025 2:50 AM Eastern Daylight Time Mitsubishi Electric Announces Status and Conclusion of Company Stock Repurchase Share According to Articles of Incorporation Pursuant to Article 459, Paragraph 1 of Companies Act of Japan TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the conclusion of its repurchase of company stock, approved by the Board of Directors on April 28, 2025 pursuant to the provisions of Article 459, paragraph 1 of the Companies Act, as well as Art ...

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the second quarter (first half), ended September 30, 2025, of the current fiscal year ending March 31, 2026 (fiscal 2026). The full document on Mitsubishi Electric's financial results can be viewed at the following link: www.MitsubishiElectric.com/en/pr Consolidated Financial Results Billions of yen H1 FY25 H1 FY26 YoY Revenue 2,643.5 2,732.5 +88.9 103% Operating profit 1. ...