Someone’s Trian to buy Janus Henderson. Activist investor Nelson Peltz’s hedge fund company Trian Partners is seeking to buy up the 80% of outstanding shares of Janus Henderson that it doesn’t already control and take the asset manager private. Last week the company, along with venture capital firm General Catalyst, submitted an offer to pay a roughly 12% premium on the shares. It’s unclear if Janus Henderson will accept the offer, though the firm’s board assembled a committee to contemplate the proposal. ...

Core Insights - Atos has inaugurated a new Modern Security Operations Center (MSOC) in Seville, enhancing its global network of interconnected Security Operations Centers (SOCs) and reinforcing its commitment to cybersecurity and technological innovation in Spain [1][3][6] Group 1: MSOC Features and Capabilities - The MSOC is designed to be adaptable and flexible, catering to the specific needs of clients with advanced and scalable solutions [2] - It includes crisis rooms, continuous monitoring areas, cybersecurity labs for IT, OT, and IoT, and a dedicated cybersecurity training center, which are essential for developing national talent [2] - The center operates 24/7/365, addressing the increasing complexity of cyber threats and technological challenges [5] Group 2: Strategic Importance and Commitment - The opening of the MSOC is part of Atos' strategy to consolidate its position as a leader in digital security and innovation, marking its 18th facility worldwide [6] - The Andalusian Minister of Industry emphasized the importance of combining institutional strength, technical excellence, and private-sector innovation to enhance cybersecurity in the region [4] - Atos aims to strengthen client protection and business continuity through innovative solutions that enhance real-time response capabilities to cyber threats [8] Group 3: Technological Advancements - The MSOC will leverage Atos-curated threat intelligence, centrally managed detections, and AI-powered Virtual SOC Analysts to improve prediction, detection, and response capabilities against advanced threats [7] - The integration of autonomous AI agents into SOC operations is expected to significantly enhance analytical efficiency and response capabilities [8] Group 4: Atos' Cybersecurity Leadership - Atos Group employs over 6,500 cybersecurity experts and holds 2,500 cybersecurity patents, providing end-to-end, AI-powered security solutions [9] - The company processes more than 31 billion security events daily through its global network of 18 SOCs, serving over 2,000 trusted customers [11] - Atos is recognized as the European leader in cybersecurity, cloud, and high-performance computing, with a commitment to a secure and decarbonized future [12]

Core Points - Atos has inaugurated a new Modern Security Operations Center (MSOC) in Seville, enhancing its global network of interconnected Security Operations Centers (SOC) and reinforcing its commitment to cybersecurity and technological innovation in Spain [6][10][12] - The MSOC provides advanced cybersecurity services, including proactive monitoring, early detection of cyberattacks, incident response, and management, ensuring a trusted environment for clients [3][9][10] - The center is designed to be adaptable and flexible to meet specific client needs, featuring crisis rooms, continuous monitoring areas, cybersecurity laboratories, and a dedicated training center [4][10] Company and Industry Summary - The MSOC is strategically positioned to serve major clients and is the 18th center in Atos's global SOC network, reflecting the company's dedication to digital security and operational excellence [10][12] - The center operates 24/7 and is equipped to address the increasing complexity of technological threats, providing Managed Detection and Response (MDR) services [9][10] - Atos emphasizes the integration of the latest innovations, including autonomous AI agents, to enhance analytical efficiency and real-time response capabilities against cyber threats [12][13] - The establishment of the MSOC aligns with the Andalusian government's strategy for cybersecurity, aiming to consolidate the region as a national and international reference for digital protection and innovation [8][10] - Atos Group is a global leader in digital transformation with nearly 67,000 employees and an annual revenue of approximately €10 billion, operating in 61 countries [16][17]

Core Insights - Atos has inaugurated a new Modern Security Operations Center (MSOC) in Seville, enhancing its global network of interconnected Security Operations Centers (SOCs) and reinforcing its commitment to cybersecurity and technological innovation in Spain [1][3][6] Group 1: Cybersecurity Commitment - The new MSOC provides advanced cybersecurity services, including proactive monitoring, early detection of cyberattacks, analysis, response, and incident management, ensuring client trust [1][5] - The facility is designed to be adaptable and flexible to meet the specific needs of each client, featuring crisis rooms, continuous monitoring areas, cybersecurity labs for IT, OT, and IoT, and a dedicated cybersecurity training center [2][6] - Atos' MSOC is part of a global network, becoming the 18th facility worldwide, and demonstrates the company's commitment to digital security, innovation, and operational excellence [6][11] Group 2: Technological Advancements - The MSOC is developing a new cybersecurity ecosystem aimed at enhancing prediction, detection, and response capabilities against advanced threats, utilizing Atos-curated threat intelligence and AI-powered tools [7][8] - The integration of autonomous AI agents into SOC operations is expected to significantly improve analytical efficiency and real-time response capabilities to cyber threats [8][11] Group 3: Regional Impact - The inauguration was attended by Jorge Paradela, the Andalusian Minister of Industry, Energy and Mines, who emphasized the importance of consolidating an ecosystem that combines institutional strength, technical excellence, and private-sector innovation in Andalusia [4][6] - The center is seen as a step forward in establishing Andalusia as a national and international benchmark in digital protection and innovation, while fostering local talent and multiplying opportunities for innovation [4][6]

Core Insights - HD Hyundai has partnered with Siemens to enhance the digital transformation and modernization of the U.S. shipbuilding industry through a Memorandum of Understanding (MOU) [1][2] Group 1: Partnership Objectives - The collaboration aims to improve the overall competitiveness of the U.S. shipbuilding industry by enhancing design quality, minimizing production risks, improving quality, and reducing costs [2][6] - The partnership will drive technological innovation by advancing digitalization in ship design, automating assembly processes, and optimizing production and quality management through data-driven solutions [3][6] Group 2: Workforce Development - HD Hyundai and Siemens will jointly develop professional training programs to cultivate skilled experts in shipbuilding, with plans to dispatch instructors to over thirty Siemens training facilities in the U.S. [4] - The companies will create specialized curricula in engineering, digital design, and process automation, building on existing partnerships with universities like the University of Michigan and MIT [4] Group 3: Existing Initiatives - Since 2023, HD Hyundai has been developing a manufacturing innovation platform with Siemens that integrates data from design to production, enabling virtual simulations to reduce trial and error [5] - The partnership is expected to accelerate the smart transformation of U.S. shipyards, enhancing competitiveness through improved quality and cost reduction [6] Group 4: Strategic Goals - HD Hyundai is strengthening its cooperation network in the U.S. to support the Make American Shipbuilding Great Again (MASGA) initiative, establishing partnerships with major U.S. players in both naval and commercial sectors [7] - The collaboration between shipbuilding and IT companies is seen as a catalyst for digital innovation in the U.S. shipbuilding industry [8]

Industry Overview - The Zacks Business Services industry includes a variety of services such as specialty rentals, supply chain solutions, e-commerce support, technology services, and business transformation solutions, with a focus on digital transformation and technology integration in response to the pandemic [2] - The industry has shown consistent demand for its services, with revenues, operating income, and cash flows surpassing pre-pandemic levels, indicating financial strength and reliable dividend payouts [3] Future Trends - The rapid advancement of artificial intelligence and automation is transforming service delivery, promising efficiency and cost reduction, but also presenting challenges like workforce displacement [4] - The latest Services PMI indicates stagnation in U.S. services activity, with the index at 50% in September, reflecting stalled expansion momentum due to inflationary pressures and cautious business sentiment [5] Market Performance - The Zacks Business Services industry has underperformed compared to the broader sector and the S&P 500, declining 7.5% over the past 12 months, while the S&P 500 grew by 22.7% [8] - The industry is currently trading at a forward 12-month P/E ratio of 19.73X, lower than the S&P 500's 24.03X and the sector's 20.42X, with historical trading ranges between 26.24X and 28.8X over the past five years [11] Stock Recommendations - Rentokil Initial plc is positioned for growth, benefiting from improved sales execution and a digital marketing strategy, with ongoing expansion and cost efficiency initiatives enhancing its competitive position [14][15] - Thomson Reuters Corporation demonstrates operational discipline and innovation, focusing on AI-driven solutions to strengthen its leadership in professional information services [17][18]

RT Bloomberg Live (@BloombergLive)ICYMI: “I think we’ve all realized connectivity is fundamental to the way we live, work, and play today.”@VerizonBusiness Group VP & Head of EMEA Sanjiv Gossain shares how the company plans to provide the foundation for enterprise digital transformation at #BloombergTech.⏯️https://t.co/kzs2GkXVpw ...

Key Takeaways Sterling is expected to have sustained growth in Q3 2025 from high-margin markets and acquisitions.Q3 EPS implies 41.6% year-over-year growth, while revenues are projected to rise 3.1% to $612.4 million.For 2025, Sterling's EPS is expected to climb 56.9% from the prior year's reported level.Sterling Infrastructure, Inc. (STRL) is scheduled to report third-quarter 2025 results on Nov. 3, after the closing bell.In the last reported quarter, Sterling delivered adjusted earnings per share of $2.69 ...

Company Overview - Cognizant Technology Solutions Corporation (CTSH) has a market cap of $35.3 billion and is a leading global professional services company providing consulting, technology, and outsourcing services with a focus on digital transformation in AI, cloud, IoT, and software engineering [1] Stock Performance - CTSH shares have underperformed the broader market over the past 52 weeks, declining 2.5% compared to a 17.6% gain in the S&P 500 Index [2] - Year-to-date, CTSH shares have decreased by 5.7%, while the S&P 500 has risen by 16.3% [2] - The company's stock has also lagged behind the Technology Select Sector SPDR Fund's return of 30.8% over the same period [3] Recent Financial Performance - On October 29, Cognizant reported Q3 2025 adjusted EPS of $1.39 and revenue of $5.42 billion, exceeding estimates [4] - The company raised its full-year adjusted profit forecast to a range of $5.22 to $5.26 per share and lifted the lower end of its annual revenue outlook to $21.05 billion [4] Analyst Expectations - For the fiscal year ending December 2025, analysts expect CTSH's adjusted EPS to grow 10.5% year-over-year to $5.25 [5] - Cognizant has a promising earnings surprise history, having beaten consensus estimates in the last four quarters [5] - Among 25 analysts covering the stock, the consensus rating is a "Moderate Buy," with seven "Strong Buys," one "Moderate Buy," and 17 "Holds" [5] Price Target and Analyst Ratings - On October 30, JPMorgan raised its price target on Cognizant to $92 while maintaining an "Overweight" rating [7] - The mean price target of $85.28 indicates an 18.2% premium to CTSH's current price levels, while the highest price target of $103 suggests a potential upside of 42.7% [7]

Financial Data and Key Metrics Changes - Lear Corporation reported revenue of $5.7 billion for Q3 2025, a 2% increase from Q3 2024 [4] - Core operating earnings were $241 million, with an operating margin of 4.2% [4] - Adjusted earnings per share decreased to $2.79 from $2.89 year-over-year [20] - Operating cash flow reached $444 million, significantly up from $183 million in the previous year [20] Business Line Data and Key Metrics Changes - In the Seating segment, sales increased by 3% to $4.2 billion, with adjusted earnings flat at $261 million [20][21] - E-Systems segment sales decreased by 3% to $1.4 billion, with adjusted earnings down to $60 million [22] - The Jaguar Land Rover disruption negatively impacted revenue by $111 million and core operating earnings by $31 million [18][19] Market Data and Key Metrics Changes - Global vehicle production increased by 4%, with North America up 5%, Europe up 1%, and China up 10% [17] - The U.S. dollar weakened against the euro and remained flat against the RMB [17] Company Strategy and Development Direction - Lear's strategic priorities include extending leadership in seating, expanding margins in E-Systems, and supporting sustainable value creation through disciplined capital allocation [5] - The company is focused on automation and digital tools to enhance operational efficiency and reduce costs [15][16] - Lear is well-positioned to benefit from the onshoring trend, which is expected to drive incremental revenue and margin expansion [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future growth opportunities, particularly in light of the non-recurrence of the Jaguar Land Rover disruption and a strong backlog [30] - The Lear Fellowship program with Palantir is expected to enhance operational efficiency and reduce costs [31] - Management anticipates a healthy backlog for 2026 and 2027, estimating it to be approximately $1.2 billion [37] Other Important Information - Lear's strong cash flow allowed for $100 million in share repurchases during the quarter [29] - The company has a solid balance sheet with no near-term debt maturities and $3 billion in available liquidity [28] Q&A Session Summary Question: Impact of supply chain issues on guidance - Management indicated cautious production volume assumptions for Q4 due to potential risks from Novelis and JLR's production restart [32][34] Question: Backlog and production plans for 2026 - Management confirmed a backlog of approximately $1.2 billion for 2026 and 2027, with positive feedback from customers on automation and digital efforts [36][37] Question: Margin implications of automated manufacturing in the U.S. - Management stated that onshoring opportunities are expected to yield operating margins similar to existing North American seat business, aided by automation [50]