Two decades of global service excellence underscore Colliers’ commitment to client successTORONTO, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Colliers (NASDAQ, TSX: CIGI), a leading diversified professional services and investment management company, has been named to the 2026 Global 100 list produced by IAOP® in the Leader category for large, established global firms. This marks the 20th consecutive year that Colliers has been recognized for global service excellence. IAOP’s annual list recognizes the world’s top o ...

Shares of India’s top IT firms slid as fears grow that AI could undercut the traditional software services model, raising questions about jobs, growth and the future of outsourcing.@sankalp_sp explains: https://t.co/e144UR5hBL https://t.co/Dbb8LVq1mB ...

Core Insights - SS&C Technologies reported record fourth-quarter results with adjusted revenue of $1.655 billion, an 8% increase year-over-year, and adjusted diluted earnings per share of $1.69, up 18% [4][7] - The company anticipates continued organic growth and margin expansion in 2026, with guidance for revenue between $6.65 billion and $6.74 billion and adjusted EPS between $6.70 and $7.02 [5][18] Financial Performance - GAAP fourth-quarter revenue was $1.654 billion, with net income of $193 million or $0.77 per diluted share [1] - Adjusted net income was $425 million, reflecting a 16.8% increase, and adjusted consolidated EBITDA reached $651 million, up 9% with a margin of 39.3% [4][8] - Operating cash flow for the year was $1.745 billion, with cash-flow conversion exceeding 100% for three consecutive years [6][9] Growth Drivers - Adjusted organic revenue growth for the quarter was 5.3% on a constant-currency basis, driven by strong performance in Global Investor & Distribution Solutions (GIDS) and GlobeOp, with revenue increases of 13.2% and 9.6% respectively [3] - The company is focusing on international growth, particularly in Australia, leveraging opportunities tied to recent superannuation mandates [3] Shareholder Returns - SS&C returned $384 million to shareholders in Q4, including $319 million in share repurchases and $66 million in dividends [10] - The company repurchased over $1 billion of stock in 2025, indicating a strong commitment to share buybacks in the absence of high-quality acquisition opportunities [6][10] Strategic Initiatives - Management views outsourcing and "lift-outs" as sustainable growth engines, with ongoing integration of the Calastone acquisition [5][12] - AI is considered a competitive advantage, with SS&C deploying AI solutions rapidly, leveraging its proprietary software and data [14][15] 2026 Outlook - The company expects to maintain strong performance throughout 2026, with guidance reflecting a focus on expense management, productivity, and technology leverage [16][17] - Q1 2026 guidance includes revenue of $1.608 billion to $1.648 billion and adjusted net income of $404 million to $420 million [18]

Core Insights - GXO Logistics, Inc. has announced a contract renewal and expansion with BAE Systems, marking the beginning of their third decade of partnership [1][2][9] - The six-year agreement will support BAE Systems in the development of Type 26 frigates, enhancing the UK's defense capabilities [2][5] Company Developments - The partnership extension reflects BAE Systems' confidence in GXO's logistics solutions, particularly following GXO's acquisition of Wincanton, which has bolstered its defense capabilities [3][6] - GXO will provide warehousing solutions and materials handling at BAE Systems' shipyards in Scotstoun and Govan, as well as manage inbound and outbound volumes across various warehousing facilities in Scotland [3][4] Operational Enhancements - The agreement includes support for inbound and outbound transport operations through GXO's 4PL Control Tower, which will enhance visibility and coordination of inventory movements [4] - The collaboration aims to improve the efficiency of BAE Systems' supply chain and shipbuilding operations, providing the necessary flexibility and resilience for the Type 26 frigate program [5] Industry Position - GXO Logistics is recognized as the world's largest pure-play contract logistics provider, with over 150,000 team members and more than 1,000 facilities globally [7] - The company has established itself as a leading provider in the aerospace and defense sectors, with operations spanning over 30 global sites [5][7]

Core Viewpoint - SEI Investments is positioned as a strong performer in the asset management sector, particularly due to its focus on institutional investors and its fintech capabilities, which are expected to drive growth in 2026 [1][2][3]. Company Overview - SEI Investments primarily serves institutional investors, differentiating itself from larger firms like BlackRock and Vanguard that cater to both retail and institutional clients [2]. - The company is recognized as a fintech, providing technology solutions for various financial entities, including fund managers and banks, to manage functions such as asset management, compliance, and cybersecurity [3]. Financial Performance - For the first nine months of 2025, SEI's revenue increased by 8% year-over-year, while expenses rose by only 5%, leading to a 32% jump in earnings [6]. - The operating margin improved to 28%, an increase of 8% compared to the previous year, and the return on equity stands at 27.7%, one of the highest in the sector [6]. Market Position and Analyst Sentiment - Analysts are optimistic about SEI, with a 12-month median price target of $109.50 per share, indicating a potential upside of approximately 27% [5]. - 80% of analysts covering SEI rate it as a buy, reflecting strong market confidence [5]. Industry Trends - There is a growing trend of outsourcing among fund managers, driven by the complexity of regulatory environments and the need for technological upgrades [9][10]. - A report indicates that 88% of fund managers plan to increase their outsourcing over the next year, which bodes well for SEI as a leading provider in this space [10]. Strategic Outlook - SEI is expected to continue investing in technology and automation to enhance its service offerings, with plans to optimize margins through cost management [7]. - The company's valuation at 15 times forward earnings is considered attractive for a fintech, suggesting potential for growth amidst increasing demand for its services [11].

Core Viewpoint - The article discusses the journey of a former tech engineer, ADE, who was laid off after 25 years in the industry, reflecting on the challenges and changes in the tech job market, and offering guidance for young professionals entering the field [1][18]. Group 1: Career Journey and Challenges - ADE, a seasoned engineer with a prestigious background, faced his first layoff after voluntarily placing himself on the list to save younger colleagues [3][18]. - He recalls his early career struggles, including a lack of foundational skills and the steep learning curve he faced when starting in a tech role [6][8]. - The 2008 financial crisis was a pivotal moment for ADE, leading him to understand the importance of financial prudence and the concept of "exchanging life for money" [12][11]. Group 2: Work-Life Balance and Industry Realities - Despite a lucrative career with six-figure salaries and stock options, ADE experienced significant work-life imbalance, often sacrificing family time for work commitments [15][13]. - The high-pressure environment of the tech industry, coupled with rapid technological advancements, made it increasingly difficult for ADE to keep pace as he aged [15][19]. - The loss of a colleague due to work-related stress highlighted the harsh realities of the industry, prompting ADE to reassess the value of his time and contributions [16][17]. Group 3: Guidance for Young Professionals - ADE emphasizes the importance of passion in choosing a career path, advising against entering the tech field solely for financial reasons [21]. - Building a personal brand and gaining practical experience through internships and projects is crucial for standing out in a competitive job market [22][23]. - Flexibility and adaptability are essential, as young professionals may need to explore adjacent roles or freelance opportunities to gain entry into the tech industry [25][26].

RT Alb (@amandalouise416)Amazon advertised 1 job to American workers requiring applicants to mail in their resume.Then used that single ad to file 585 green card applications for foreign workers.No interviews. No competition. No fairness.Just a pipeline for outsourcing America.@USDOL are you the Department of Labor or the Department of Looking Away?585 foreign workers hired off one fake job ad while Americans were told to mail resumes into a black hole.You’re not protecting U.S. workers, you’re betraying th ...

Core Insights - GXO Logistics, Inc. has appointed Karen Bomber as Chief Commercial Officer to enhance its global go-to-market strategy and accelerate sales in high-growth segments, verticals, and geographies [1][3] Group 1: Leadership Appointment - Karen Bomber brings over 25 years of experience in commercial strategy and growth across various sectors, including energy and retail technology [2] - Bomber's previous role was Chief Commercial Officer for ABB's Energy Industries division, where she focused on electrification and automation [3] Group 2: Company Overview - GXO Logistics is the world's largest pure-play contract logistics provider, with over 150,000 team members and more than 1,000 facilities, totaling over 200 million square feet [4] - The company aims to capitalize on the rapid growth of e-commerce, automation, and outsourcing, serving leading blue-chip companies with advanced supply chain solutions [4]

Financial Data and Key Metrics Changes - Total revenue for the second quarter grew by 9.3% to $2.8 billion, with an organic growth rate of 8.6% [4][6] - Operating income increased to $655.7 million, reflecting a 10.9% growth year-over-year [4][11] - Diluted EPS rose by 11% to $1.21 compared to the previous year [5][12] - Gross margin as a percentage of revenue was 50.4%, a 60 basis point increase from the prior year [4][11] Business Line Data and Key Metrics Changes - Organic growth by business segments: - Uniform Rental and Facility Services: 7.8% - First Aid and Safety Services: 14.1% - Fire Protection Services: 11.5% - Uniform Direct Sale: 2% [7][8] - Gross margin percentages by business: - Uniform Rental and Facility Services: 49.8% - First Aid and Safety Services: 57.7% - Fire Protection Services: 48.2% - Uniform Direct Sale: 41.9% [8] Market Data and Key Metrics Changes - The company continues to experience strong demand in key verticals such as healthcare, hospitality, education, and state and local governments, which are showing positive employment trends [24][25] - Retention rates are at all-time highs, indicating strong customer loyalty and satisfaction [7][43] Company Strategy and Development Direction - The company is focused on leveraging investments to sustain positive momentum and deliver exceptional customer service [15] - Strategic acquisitions are part of the growth strategy, with $85.6 million spent on acquisitions in the second quarter [12][65] - The company aims to grow in multiples of job growth and GDP, emphasizing its ability to thrive in various economic conditions [9][24] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the current economic uncertainty but remains optimistic about the company's ability to grow due to its strong value proposition [70] - The company has raised its Fiscal 2026 financial guidance, expecting revenue between $11.15 billion and $11.22 billion, reflecting a growth rate of 7.8% to 8.5% [6][71] Other Important Information - Free cash flow for the second quarter was $425 million, an increase of 23.8% over the prior year [12] - The company has returned $1.24 billion in capital to shareholders through dividends and share buybacks in the first six months of Fiscal 2026 [12][13] Q&A Session Summary Question: Changes in employment levels across customer base - Management noted that while there are pressures in the labor market, their targeted verticals like healthcare and education are performing well, and they do not rely solely on job growth for their business [24][25] Question: Downturn playbook for maintaining growth - The company has multiple growth levers, including new business acquisition and cross-selling to existing customers, which provide flexibility during downturns [30][31] Question: Year-over-year add stops and acquisition impact - Current customer growth is stable and slightly positive, with acquisitions contributing about 70 basis points to growth in the second quarter [37][38] Question: Retention rates in uncertain economic times - High retention rates are attributed to strong execution and value provided to customers, supported by a robust company culture [42][43] Question: Sourcing costs and tariffs - The company is managing sourcing costs effectively and has not seen significant deviations from expected tariff impacts [51][52] Question: Competitive environment and pricing strategy - The company focuses on providing value rather than solely adjusting prices, maintaining a competitive edge through service quality [60][91] Question: Technology initiatives and their returns - Investments in technology, including AI, are ongoing, with expectations of future benefits in efficiency and service delivery [85][86] Question: Growth in verticals and dispensers - Healthcare is the largest vertical, representing about 8% of total revenue, with all targeted verticals growing faster than the overall company [105][106]

Financial Data and Key Metrics Changes - Total revenue for the second quarter grew by 9.3% to $2.8 billion, with an organic growth rate of 8.6% [4][6] - Gross margin as a percentage of revenue increased to 50.4%, a 60 basis point increase from the prior year [4][5] - Operating income rose to $655.7 million, reflecting a 10.9% increase year-over-year [4][11] - Diluted EPS increased by 11% to $1.21 compared to the prior year [5][12] - Free cash flow for the quarter was $425 million, a 23.8% increase over the prior year [12] Business Line Data and Key Metrics Changes - Organic growth by business segments: - Uniform rental facility services: 7.8% - First aid and safety services: 14.1% - Fire protection services: 11.5% - Uniform direct sale: 2% [7][8] - Gross margin percentages by business: - Uniform rental facility services: 49.8% - First aid and safety services: 57.7% - Fire protection services: 48.2% - Uniform direct sale: 41.9% [8] Market Data and Key Metrics Changes - The company continues to see strong growth in key verticals such as healthcare, hospitality, education, and state and local governments, with retention rates at all-time highs [9][10] - The services providing sector shows growth, while the goods producing sector is underperforming [25] Company Strategy and Development Direction - The company is focused on leveraging investments to sustain positive momentum and deliver exceptional customer service [15] - The strategy includes expanding offerings and superior service to strengthen relationships with existing customers [7] - The company aims for mid to high single-digit organic growth, with a focus on cross-selling and new business opportunities [30][31] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the uncertain economic environment but emphasizes the company's ability to grow regardless of employment trends [24][70] - The company raised its Fiscal 2026 financial guidance, expecting revenue between $11.15 billion and $11.22 billion, and diluted EPS between $4.81 and $4.88 [6][71] - Management remains optimistic about the future, citing strong execution and a commitment to customer needs [15][70] Other Important Information - The company returned $1.24 billion in capital to shareholders through dividends and share buybacks in the first six months of Fiscal 2026 [12][13] - The company is actively engaged in M&A, with a focus on tuck-in acquisitions and geographic expansion [65][66] Q&A Session Summary Question: Changes in employment levels across customer base - Management noted that while there are job losses in white-collar sectors, key verticals like healthcare and hospitality remain positive, allowing the company to grow [24][25] Question: Downturn playbook for maintaining growth - Management highlighted the flexibility in their service offerings and the importance of cross-selling to existing customers as key strategies to maintain growth during downturns [30][31] Question: Year-over-year ad stops and acquisition impact - Management indicated that growth from current customers is stable and slightly positive, with acquisitions contributing about 70 basis points to growth in the second quarter [37][38] Question: Retention rates and pricing strategy - Management attributed high retention rates to strong execution and value provided to customers, emphasizing a long-term approach to pricing rather than short-term adjustments [42][90] Question: Competitive environment and pricing realization - Management acknowledged the competitive landscape but emphasized their focus on signing new customers and providing value rather than competing solely on price [61][62] Question: Technology initiatives and returns on investments - Management confirmed ongoing investments in technology, including AI, and noted positive impacts on cost and efficiency [85][86] Question: Sourcing costs and tariffs - Management stated that while tariffs have impacted costs, their supply chain flexibility allows them to mitigate these effects [51][52] Question: Timing of ERP implementation costs - Management indicated that while there are current costs associated with ERP implementation, they expect more costs in the future but view it as a valuable long-term investment [80][82]