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Ribbon Communications to Report Fourth Quarter and Full Year 2025 Financial Results on February 5, 2026
Prnewswire· 2026-02-02 13:00
PLANO, Texas, Feb. 2, 2026 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in real-time communications technology and IP optical networking solutions, today announced that it will report financial results for the fourth quarter and full year of 2025 after the close of the market on Thursday, February 5, 2026. Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m. ET to discuss the results. Conference Call Details and Webc ...
Kevin Warsh's nomination to Fed is one of Trump's smartest moves— and a partnership he needs to make work
New York Post· 2026-02-01 03:39
Kevin Warsh may be gearing up for the toughest job in the US government as new chairman of the Federal Reserve: He needs to stay true to his rep as a hawk on inflation — while at the same time playing nice with the guy who just nominated him. The latter happens to be President Trump, whose instincts are to rev the economy to 6% growth and worry about inflation later. His instincts are also to jawbone any Fed chair to make that happen even if it means slashing interest rates to zero. If anyone can walk this ...
Samsung Biologics reports fourth quarter and fiscal year 2025 financial results
Prnewswire· 2026-01-21 07:20
Core Insights - Samsung Biologics demonstrated stable and resilient performance in 2025, driven by disciplined execution and strong demand despite a challenging global environment [2] - The company plans to expand its manufacturing capabilities, including a new facility in the U.S., to enhance supply chain resilience and responsiveness to global client needs [2] Financial Performance - In Q4 2025, Samsung Biologics reported revenue of KRW 1,286 billion and operating profit of KRW 528 billion, with full utilization across Plants 1 to 4 contributing to this performance [3] - For the full fiscal year 2025, the company achieved revenue of KRW 4,557 billion, reflecting a year-over-year increase of 30.3% [4] - Operating profit for FY 2025 was KRW 2,069.2 billion, representing a 56.6% increase compared to the previous year [4] - EBITDA for FY 2025 reached KRW 2,439.1 billion, up 50.4% year-over-year [4] Business Developments - Samsung Biologics secured a KRW 1.1 trillion manufacturing agreement with a European pharmaceutical company in Q4 2025, contributing to a cumulative contract value exceeding USD 21 billion [5] - The company reaffirmed its strategic direction as a pure-play CDMO and plans to begin revenue contributions from Plant 5 in 2026 [6] - The company projects annual revenue growth of 15-20% for 2026, excluding potential contributions from the planned U.S. site acquisition [6] Infrastructure and Capacity Investments - Samsung Biologics announced plans to acquire a U.S. manufacturing facility in Rockville, Maryland, which includes two CGMP manufacturing plants with a combined capacity of 60 kL [7] - The company also secured land for Bio Campus III to support future expansion and next-generation modalities [8] - Investments are being made to enhance operational systems and digital capabilities across its facilities [9] Environmental, Social, and Governance (ESG) Initiatives - Samsung Biologics received an 'A' rating in Water Security from the Carbon Disclosure Project (CDP) and is committed to sustainable healthcare manufacturing practices [10]
Vanguard Splits Into Two Investment Teams
Yahoo Finance· 2026-01-14 05:02
Core Viewpoint - Vanguard has separated into two distinct investment management units, Vanguard Capital Management and Vanguard Portfolio Management, to enhance accountability and create more leadership opportunities while facing challenges in maintaining performance and cost efficiency [2][3]. Group 1: Structural Changes - Vanguard has completed the separation of its investment units, which was a process years in the making, aimed at improving operational efficiency [2]. - The new structure allows for clearer lines of accountability and additional career paths for portfolio managers [3]. Group 2: Investment Management Breakdown - Vanguard Portfolio Management oversees $2.7 trillion in assets, including actively managed stock funds, index funds, and multi-asset funds [5]. - Vanguard Capital Management manages $8.2 trillion across bond funds, active diversified equity, broad-market and foreign index funds, and passive multi-asset funds [5]. Group 3: Benefits and Challenges - The separation is expected to provide benefits such as deeper focus for management teams, greater flexibility for investment teams, and more growth opportunities for talent [4]. - Vanguard acknowledges the challenge of maintaining two world-class stock indexing teams without increasing costs or compromising performance [3]. Group 4: Proxy Voting and Governance - The establishment of two investment stewardship teams aims to diversify perspectives in proxy voting, addressing criticisms from conservative groups regarding corporate policy influence [4].
Winnebago Industries Releases 2025 Corporate Responsibility Report, Highlighting Commitment to People, Planet and Communities
Globenewswire· 2026-01-13 16:02
Core Insights - Winnebago Industries, Inc. has released its 2025 Corporate Responsibility Report, emphasizing its commitment to responsible corporate citizenship and sustainability [1][2] Group 1: Corporate Responsibility and ESG Goals - The report highlights the company's focus on environmental, social, and governance (ESG) goals, aiming to shape the future of outdoor recreation [2] - Winnebago's corporate responsibility efforts are centered around nine priorities: ethics and integrity, safety, people, inclusion and belonging, community, waste, emissions, product stewardship, and water [3] Group 2: Achievements and Initiatives - The company established a Product Sustainability Steering Committee to guide product stewardship and integrate environmentally friendly practices [6] - Winnebago is making progress towards its 2030 goal of reducing freshwater consumption by 30% [6] - The company has reduced its total recordable incident rate (TRIR) by 22% and days away restricted or transferred (DART) by 43% [6] - Winnebago's CommunityGO One Good Thing campaign raised $750,000 and logged 13,600 volunteer hours for 360 community partners [6] - The company partnered with Leave No Trace to promote stewardship principles for RV and boat owners [6] - Winnebago has been recognized by Newsweek as one of America's Most Trustworthy, Greenest, and Most Responsible Companies, as well as one of America's Greatest Workplaces in Manufacturing [6]
Taiwan’s Shin Kong Life and Taishin Life finalise merger
Yahoo Finance· 2026-01-13 09:25
Group 1 - The merger between Shin Kong Life Insurance and Taishin Life Insurance was completed on January 1, 2026, with Taishin Life becoming the surviving entity but operating under the Shin Kong Life name [1] - The board of the merged company has appointed Paul Wei as chairman, Hung Shih-chi as vice-chairman, and Huang Min-yi as president [1] Group 2 - The total contractual service margin for the combined entity is projected to exceed T$250 billion ($7.9 billion), with total assets surpassing T$4 trillion [2] - The merger aims to unify product offerings and leverage distribution channels from both companies, focusing on cross-selling opportunities within TS Holdings [2] Group 3 - The merger combines Shin Kong Life's traditional insurance focus with Taishin Life's expertise in investment-linked and interest-sensitive products, allowing for a broader range of insurance and retirement planning solutions [3] - The company is preparing to comply with international standards such as IFRS 17 and the Insurance Capital Standard [3] Group 4 - Shin Kong Life plans to enhance its distribution network and adopt digital technologies, including AI and data analytics, while continuing its commitment to environmental, social, and governance matters [4] Group 5 - TS Holdings chairman Thomas Wu emphasized the distinct strengths of both companies and their shared commitment to professionalism, innovation, and sustainability in the life insurance and wealth management sectors [5]
DBL Group Earns HSBC Export Excellence Award
Yahoo Finance· 2025-12-30 16:11
Core Insights - DBL Group has been awarded the HSBC Export Excellence Award for the sixth time, marking an unprecedented achievement in Bangladesh's garment industry [1][2] - The award recognizes DBL's sustained export growth, innovation in a vertically integrated knitwear ecosystem, and resilience amid global economic challenges [2][6] Company Overview - DBL Group is one of the largest manufacturers and exporters of knit garments in Bangladesh, with a production capacity of 13 million pieces per month [3] - The company exports to major markets including Europe, the United States, and Canada, and is a platinum supplier for H&M [3] - DBL Group's client portfolio includes Walmart, Puma, Esprit, G-Star, and Levi's [3] Industry Context - The ready-made garment sector accounts for over 80% of Bangladesh's exports, highlighting its significance to the national economy [5] - The industry has faced challenges such as worker unrest and supply chain disruptions in recent years [5] Strategic Initiatives - DBL Group has implemented an end-to-end backward integration model to ensure quality control, faster speed-to-market, and sustainability [6] - The company emphasizes ethical, sustainable, and technologically advanced manufacturing practices as it aims to solidify Bangladesh's position as a global apparel sourcing hub [7]
Credo Releases 2025 Environmental, Social, and Governance (ESG) Report
Businesswire· 2025-12-30 14:00
Core Insights - Credo Technology Group Holding Ltd has released its 2025 Environmental, Social, and Governance (ESG) Report, showcasing its progress in key ESG priorities that support responsible growth and long-term value creation [1] Group 1: ESG Initiatives - Credo's ESG approach emphasizes strong oversight, accountability, and purpose-driven product innovation, with advancements in connectivity solutions aimed at reducing waste and enhancing energy efficiency in AI data centers [2] - The company has strengthened its Code of Business Conduct and Ethics and expanded health, safety, and professional growth programs for employees globally [2] - Through the Credo Cares initiative, the company has broadened partnerships that contribute to education, health, and local community needs, reflecting its commitment to integrity and continuous improvement [2] Group 2: Product Development - In 2025, Credo improved its product portfolio to help customers manage increasing operational demands in AI and hyperscale environments, focusing on high performance while reducing power consumption and waste [3] - The company is committed to developing low-power connectivity solutions that meet customer performance needs and align with its vision for sustainable connectivity [3] - Credo's innovations target the optical and electrical Ethernet applications market, including 100G, 200G, 400G, 800G, and the emerging 1.6T port markets, utilizing proprietary Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies [5]
Management consultants in trouble as AI boosters eat themselves
Yahoo Finance· 2025-12-22 10:11
Core Insights - The consulting industry is facing significant challenges, with major firms experiencing profit stagnation and job cuts due to a slowdown in the global economy and a retreat from ESG initiatives [2][3][6] Group 1: Industry Performance - Accenture's share price has dropped over 22% since the beginning of the year, while the "Big Four" consultancies have reported stagnant profits for the first time since before the COVID-19 pandemic [2] - McKinsey is also experiencing a profit slowdown, marking a significant change after years of growth [2] Group 2: Demand and Economic Factors - A global economic slowdown and a decline in demand for cloud computing services, which previously fueled growth, are contributing to the industry's struggles [3][4] Group 3: Job Cuts and Restructuring - In response to these challenges, consulting firms are implementing job cuts, with McKinsey planning to reduce its workforce from 45,000 to 40,000 and cut an additional 4,000 jobs over the next two years [6] - The Big Four have similarly reduced their graduate schemes and laid off thousands of employees [6] Group 4: AI Transformation - Firms are attempting to reframe job losses as part of a transformation into leaner businesses that leverage AI technologies for greater efficiency [7][8] - Proponents of this strategy believe that AI will enhance client relationships and enable firms to undertake more strategic work [8] Group 5: Concerns About AI Implementation - There are concerns that the push for AI could lead to a "doom loop," where clients may be reluctant to pay for services delivered by AI, potentially exacerbating the current sales slump [9] - Experts warn that firms might cut staff before successfully implementing AI technologies, leading to operational challenges [10]
WuXi Biologics Achieves CDP Highest "A" Ratings in Both Climate Change and Water Security
Prnewswire· 2025-12-19 09:30
Core Viewpoint - WuXi Biologics has been recognized with "A" ratings by CDP for both Climate Change and Water Security in 2025, highlighting its commitment to environmental stewardship and transparency [1] Climate Change Leadership - The "A" rating for Climate Change reflects WuXi Biologics' strong environmental performance and its validated integrated climate change strategy, aiming for net-zero emissions across its value chain by 2050 [2] - The company has implemented initiatives such as energy efficiency programs, process optimization, and renewable energy adoption, with its biologics facility in Ireland operating on 100% renewable electricity [2] Water Security Excellence - WuXi Biologics has achieved a place on the CDP Water Security "A" List for the third consecutive year, demonstrating its commitment to sustainable water management [3] - The company aims to reduce water consumption intensity by 30% by the end of 2025 compared to a 2019 baseline and has launched a Water Excellence Stewardship program covering various aspects of water management [3] Supplier Engagement - Earlier in the year, WuXi Biologics received an "A" rating in the CDP's Supplier Engagement assessment, recognizing its efforts to drive climate action across its value chain [4] - The company collaborates with global suppliers to promote a sustainable economy through a comprehensive supply chain management system and Scope 3 emissions tracking [4] Leadership Commentary - Dr. Chris Chen, CEO of WuXi Biologics, expressed pride in receiving the "A" ratings, reinforcing the company's commitment to sustainability and its role as a leader in green biologics [5] Industry Recognition - WuXi Biologics has received multiple accolades for its sustainability efforts, including an MSCI AAA Rating, EcoVadis Platinum Medal, and recognition in various sustainability indices [5] Company Overview - WuXi Biologics is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) providing end-to-end solutions for biologics [6] - The company employs over 12,000 skilled professionals across multiple countries and supports 864 integrated client projects, including 24 in commercial manufacturing as of June 30, 2025 [7] Commitment to Sustainability - The company views sustainability as essential for long-term growth and continuously innovates in green technology to provide advanced CRDMO solutions [8]