The outlook for the Zacks Automotive - Retail and Wholesale - Parts industry remains constructive, supported by several key trends. The aging U.S. vehicle fleet continues to drive steady demand for replacement parts and maintenance. At the same time, growing vehicle technology is making repairs more complex, supporting greater reliance on professional services rather than DIY repairs. Digitization is also improving customer experience, helping retailers stay competitive and efficient.While new vehicle sales ...

Senior Telecom and Technology Executive Brings Expertise in Large-Scale Operations, Profitability, and Scalable Customer & Distributor ManagementVANCOUVER, British Columbia, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Beyond Oil Ltd. (TSX: BOIL) (OTCQB: BEOLF) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste and enhancing sustainability, today announces the appointment of Dganit Kramer to it ...

The increased adoption and success of the work-from-home trend are enabling the Zacks Business – Information Services industry to address the rising demand for services that ensure risk mitigation, cost reduction and productivity improvement.The heightening technology adoption is benefiting companies like Experian plc (EXPGY) and Intertek Group plc (IKTSY) , supporting them to offer digitally transformed, personalized and value-added services.About the Industry The Zacks Business – Information Services indu ...

Financial Data and Key Metrics Changes - Identical sales grew by 2.4%, while digital sales increased by 21% [5][22] - Adjusted EBITDA for Q3 was $1.039 billion, with adjusted EPS at $0.72 per diluted share [25] - Gross margin was reported at 27.4%, a decline of 55 basis points year-over-year, but improved sequentially from Q2 [24] - Selling and administrative expense rate decreased to 24.9%, down 33 basis points year-over-year [24] Business Line Data and Key Metrics Changes - Pharmacy and health sales increased by 18%, driven by strong execution in immunizations and core prescriptions [13][23] - Loyalty membership grew by 12% to over 49 million members, enhancing customer engagement [14][15] - The media collective saw double-digit growth year-over-year, contributing to high-margin growth [15] Market Data and Key Metrics Changes - Digital penetration reached 9.5%, with over half of orders delivered in three hours or less [12] - The company continues to gain market share in e-commerce, with sales up 21% this quarter [12] Company Strategy and Development Direction - The company is focused on leveraging technology and AI to enhance customer experience and operational efficiency [8][9] - Strategic priorities include modernizing capabilities, scaling digital engagement, and monetizing the media collective [8][12] - The company aims to grow its own brands penetration from 25% to 30% [16] Management's Comments on Operating Environment and Future Outlook - The operating environment remains mixed, with pressure across income segments, leading to cautious consumer spending [20] - The company is confident in its ability to deliver long-term profitable growth through strategic investments and productivity initiatives [29][30] - The outlook for fiscal 2025 has been updated, with identical sales expected to range from 2.2% to 2.5% [30] Other Important Information - The company is committed to a $1.5 billion productivity plan over the next three fiscal years [18] - Capital expenditures for Q3 were $462 million, focusing on store upgrades and digital technology [25] - The company refinanced $1.5 billion of existing indebtedness, demonstrating balance sheet strength [28] Q&A Session Summary Question: How is the overall pricing environment lined up relative to your initial expectations? - The company is taking a surgical and targeted approach to price investments, seeing positive results in categories where investments were made [39][40] Question: How are you progressing with getting new pharmacy shoppers to purchase more grocery items? - The company is pleased with pharmacy growth, noting that many customers are already shopping in grocery, leading to deeper engagement [47] Question: Can you comment on the potential headwinds for FY26? - The company remains confident in its strategy, with a focus on pharmacy and digital growth, despite potential headwinds from the Inflation Reduction Act [54][56] Question: What are the key drivers for the lower guide on ID sales? - The guidance reflects the impact of the Inflation Reduction Act, with potential upside from pharmacy growth depending on various factors [58][59] Question: How are you tracking against the cost savings plan? - The company is executing well against its $1.5 billion productivity plan, with ongoing process redesign and technology integration [68]

Core Viewpoint - Telia Lietuva is reorganizing its Digital & Technology unit to enhance efficiency and expand digital solutions, resulting in a workforce reduction of 59 positions [1][2][3] Group 1: Workforce Changes - The workforce reduction is not linked to individual performance but is a strategic decision based on the unit's structural changes [2] - The company currently employs approximately 2,500 people in Lithuania, and the changes are part of a broader restructuring across the Telia Company Group [1][3] Group 2: New Opportunities - Despite the workforce reduction, around 10 new positions are expected to be created in Telia Global Services Lithuania (TGSL) and 6 positions in Telia Lietuva to strengthen critical competencies for future growth [3] Group 3: Employee Support - Comprehensive consultations were conducted with trade unions regarding the changes, covering support and compensation for affected employees [4] Group 4: Management Changes - Effective February 1, 2026, there will be leadership changes within the company's units, with Elina Dapkevičienė becoming Head of Sales and Customer Service, and Lina Bandzinė taking over as Head of the Consumer unit [5] Group 5: Organizational Simplification - In November 2025, Telia Lietuva merged its Technology and Digital Transformation units with Legal and Personnel units to simplify its organizational structure and improve operational efficiency [6]

Core Insights - Fastly's Chief Technology Officer, Artur Bergman, sold 40,000 shares for approximately $409,200, which aligns with his established trading pattern and reflects a reduction in his direct holdings [5][7] - The company reported record revenue of $158.2 million in Q3, up from $137.2 million the previous year, although it still faced an operating loss of $28.8 million [8] - Fastly's stock price has increased, reaching a 52-week high of $12.59, making it a less favorable time for new investments [9][10] Company Overview - Fastly provides edge cloud infrastructure, focusing on performance, security, and developer flexibility for global enterprises [6] - The company's strategy aims to expand its programmable edge capabilities to capitalize on growth in digital transformation and cloud-native application delivery [6] Trading Activity - Bergman's recent sale of 40,000 shares is double the median size of his previous transactions, indicating a shift in his trading activity as his direct ownership has decreased [4] - Post-transaction, Bergman retains 2,730,579 shares directly and has a total economic exposure of 7,180,828 shares, including indirect holdings [3][5] Market Context - The sale occurred during a period of rising stock prices, suggesting that it is part of a prearranged trading plan to avoid insider trading accusations [7] - Fastly's elevated price-to-sales ratio indicates that it may not be the best time to buy shares, with recommendations to wait for a price drop before investing [9][10]

Company Overview - EPAM Systems, Inc. is a global technology services provider with a market capitalization of $11.41 billion and over 60,000 employees, focusing on digital transformation projects and maintaining a diversified client base [4][7] - The company reported a trailing twelve months (TTM) revenue of $5.30 billion and a net income of $371.62 million [4] Recent Developments - Wishbone Management initiated a new position in EPAM Systems by acquiring 100,000 shares valued at $15.08 million, representing 8.11% of the fund's 13F reportable assets under management as of September 30 [2][3] - EPAM shares are currently priced at $204.88, down 12% over the past year, while the S&P 500 gained approximately 16% during the same period [3] Financial Performance - EPAM reported $1.394 billion in third-quarter revenue, reflecting a year-over-year increase of 19.4%, and raised its full-year revenue outlook for 2025 to approximately $5.43 billion to $5.45 billion [5][8] - The company has also repurchased $82.1 million of its stock during the quarter and authorized an additional $1 billion buyback program [8] Strategic Positioning - EPAM stands out as the only pure-play digital engineering name in Wishbone Management's portfolio, which includes exposure to industrial distribution, airlines, and payments infrastructure [9] - The company's services span AI, automation, and digital design, serving clients across various industries including financial services, travel, software, media, and healthcare [7]

The shortlisted projects include Canara Bank's geospatial analytics platform for branch-level business development, Bank of Maharashtra's digital co-lending system and SBI's comprehensive digital transformation framework Project Pratham. Banks have been asked to evaluate these initiatives and customise them to their own operational needs, the people said. The move is part of the government's broader effort to encourage public sector banks to pool internal capabilities, create common platforms and scale pro ...

Current Alight stake is 0.11% of AUM, placing it outside the fund's top five holdings.Philosophy Capital Management LLC cut its stake in Alight,(ALIT +1.80%) reducing exposure by an estimated $23.34 million, according to a November 14, 2025 SEC filing.What happenedAccording to the filing, Philosophy Capital Management LLC sold 3,759,133 shares of Alight during the third quarter. The sale left the fund with 858,968 shares valued at $2.80 million as of September 30, 2025. With that sale and other transactions ...

Key Takeaways Ralph Lauren stock surged 54.5% in a year, outpacing its sector, the S&P 500 and the industry.Digital sales rose double digits across all regions, led by 36% growth in Asia in Q2 FY26.Ralph Lauren forecasts 5%-7% FY26 revenue growth and margin expansion.Ralph Lauren Corporation (RL) has been one of the standout performers in the global apparel and luxury space, delivering a sharp stock rally driven by disciplined brand elevation, strong pricing power and consistent execution across regions. Th ...