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Dubai Air Show 2025: 'India is a strategic priority for us,' says US tech firm SAIC's top officer
The Economic Times· 2025-11-21 04:29
"This is our first major international expansion outside the United States, and India is a strategic priority for us. We met with several Indian delegations and organisations, including He further emphasised that SAIC can contribute to India's growth ambitions, expressing confidence regarding the company's capabilities, which can help in driving faster development, greater efficiency, and a safer, more seamless travel experience for passengers across the country."The focus is clear, how SAIC can contribute ...
Cresco Labs Expands Operations Beyond U.S.: How to Play the Stock?
ZACKS· 2025-11-19 15:46
Key Takeaways Cresco is expanding beyond the U.S. with its first international launch of its flower brand in Germany.The company partners with Blossom for production and prescription distribution of flower SKUs in Germany.CRLBF faces U.S. revenue softness, pricing pressure and competition even as it tests new growth abroad.Cresco Labs (CRLBF) recently took a major strategic leap by announcing its entry into Germany — its first expansion outside the United States.The move marks a meaningful shift for a compa ...
Chubb Ramps Up Buybacks As Management Sees Stock Undervalued
Benzinga· 2025-10-22 18:45
Core Viewpoint - Chubb Ltd. reported third-quarter results that surpassed expectations across key metrics, driven by improved underwriting performance, reduced catastrophe losses, and solid investment income [1][2]. Financial Performance - Chubb's operating EPS was $7.49, exceeding analysts' estimate of $6.64 and the consensus of $6.15 [2]. - The Property and Casualty (P&C) combined ratio was strong at 82%, better than the expected 85% [3][7]. - Catastrophe losses were lower than forecast at $285 million, compared to the estimated $405 million [3]. - Favorable prior-period reserve development was $361 million, significantly above the expected $139 million [4]. - Net investment income reached $1.78 billion, slightly above the projected $1.73 billion [4]. - P&C net written premiums increased by 5% on a constant currency basis, aligning with estimates [4]. - Book value per share was $182 as of September 30, reflecting a 5% increase from the previous quarter but slightly below forecasts [4]. Shareholder Returns - Chubb repurchased $1.23 billion of shares during the quarter, significantly higher than the expected $500 million, with plans for continued buybacks [5]. Strategic Growth - Chubb's diversified footprint is viewed as a key advantage in navigating commercial P&C cycles, supporting long-term profitable growth [5]. - The company is expanding internationally, with operations in Asia and Latin America, including acquisitions in Thailand, Vietnam, and a majority stake in Huatai Insurance Group in China [6]. Future Projections - Analysts project steady earnings growth for Chubb, estimating operating income of $9.54 billion and EPS of $23.75 for fiscal 2025, and operating income of $10.59 billion with EPS of $27.00 for fiscal 2026 [8].
As Krispy Kreme’s U.S. Business and Stock Price Have Stumbled, the Donut Chain Looks Abroad
Yahoo Finance· 2025-10-15 19:13
Core Insights - Krispy Kreme is focusing on international expansion to revive its fortunes after significant stock value loss in 2025 [2][4][6] Group 1: International Expansion Strategy - The company opened a new shop in Madrid and plans to launch two more locations in the city this year, with over 50 new locations planned across Spain in the next four years [2][3] - Additional international openings include two locations in São Paulo, Brazil, and a debut in Uzbekistan before the end of 2025 [3] Group 2: Financial Performance - Krispy Kreme shares have lost approximately 65% of their value in 2025, attributed to sales declines and net losses in the first two quarters [4][6] - In the second quarter, U.S. revenue fell by 21% year-over-year due to the sale of its stake in Insomnia Cookies, the end of the partnership with McDonald's, and decreased consumer demand, while international revenue increased by 6% [5]
PayPay valuation could reportedly hit $20bn in upcoming US IPO
Yahoo Finance· 2025-10-15 10:07
Core Viewpoint - Investors are anticipating that PayPay's valuation may exceed Y3 trillion ($20 billion) as SoftBank prepares for a potential IPO in the US, possibly in December [1][2]. Valuation Expectations - A valuation of Y2 trillion is seen as a starting point, with expectations that the final figure could surpass Y3 trillion [2]. - Discussions with institutional investors regarding the IPO valuation began in mid-September, and any decisions will depend on market conditions at the time of the IPO [2]. Growth Potential - PayPay's current valuation estimates are primarily based on its operational growth within Japan [2]. - Investors are also considering the company's potential for international expansion, which could support a higher valuation [3]. - PayPay has announced plans for users to make payments overseas, starting with South Korea [3]. Financial Performance - SoftBank's telecom arm reported a significant increase in operating profit for its financial segment, which includes PayPay, with profits more than doubling to Y18.1 billion in the April-June quarter [4]. - The focus moving forward will be on the realistic potential for overseas expansion, particularly in the US and Asia [4]. Strategic Developments - PayPay is enhancing its cryptocurrency offerings, having acquired a 40% stake in the Japanese operations of Binance, with plans to introduce new cryptocurrency services [4]. - Ownership of PayPay is shared among several SoftBank affiliates, including SoftBank Corp, the Vision Fund, and LY Corp, a joint venture with Naver Corp [5].
OMS Energy Technologies Inc. Expands International Footprint, Installs Pakistan’s First Intelligent Wellhead System
Globenewswire· 2025-10-13 10:00
Core Insights - OMS Energy Technologies Inc. has successfully supplied and installed Pakistan's first smart intelligent wellhead system for MOL Pakistan, marking a significant milestone in OMS's international expansion strategy [1][3] Company Developments - OMS played a crucial role in the development and deployment of the smart wellhead system, manufacturing key components at its Singapore facility and ensuring efficient implementation through local partnerships [2][5] - The smart intelligent wellhead system integrates real-time monitoring, automation, and remote-control technologies, which are expected to enhance MOL Pakistan's production efficiency and contribute to energy sustainability in the country [3][4] Strategic Partnerships - OMS has joined a study with Oil and Gas Development Company Limited and Lahore University of Management Sciences to support localization initiatives aimed at indigenizing oilfield technologies and developing local expertise [4][6] - A service agreement has been formalized with Drillnetics Energy, a local provider, to establish a sustainable and localized supply chain, strengthening Pakistan's oil and gas infrastructure [5][6] Market Potential - With local production currently meeting less than 25% of Pakistan's oil demand, the country presents significant opportunities for technological collaboration and energy advancement [4]
OMS Energy Technologies Inc. Expands International Footprint, Installs Pakistan's First Intelligent Wellhead System
Globenewswire· 2025-10-13 10:00
Core Insights - OMS Energy Technologies Inc. has successfully supplied and installed Pakistan's first smart intelligent wellhead system for MOL Pakistan, marking a significant milestone in OMS's international expansion strategy [1][3][4] Company Overview - OMS is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry, serving both onshore and offshore operators [7] - The company operates 11 strategically located manufacturing facilities across the Asia Pacific, Middle Eastern, and North African regions, ensuring rapid response times and customized solutions [7] Technological Advancements - The smart intelligent wellhead system integrates real-time monitoring, automation, and remote-control technologies, which are expected to enhance safety, optimize well performance, and improve operational efficiency for MOL Pakistan [3][4] - The deployment of this system is anticipated to significantly boost production efficiency and contribute to Pakistan's energy sustainability [3][4] Strategic Partnerships - OMS has partnered with local teams during the installation process to ensure effective knowledge transfer and efficient implementation [2] - The company has formalized a service agreement with Drillnetics Energy, a local provider, to establish a sustainable and localized supply chain [5][6] Commitment to Localization - OMS is involved in a study with Oil and Gas Development Company Limited and Lahore University of Management Sciences to support the localization initiative aimed at indigenizing oilfield technologies and developing local expertise [4]
Multiply Group to buy majority stake in Italian packaging company ISEM
Yahoo Finance· 2025-10-10 08:47
Multiply Group, an investment holding company headquartered in Abu Dhabi in the United Arab Emirates, has agreed to acquire a majority stake in Italy-based ISEM Packaging Group, as stated in a press release posted on Zawya. Multiply will own 60.8% of the Italian packaging company post deal completion. Private equity firm Peninsula Capital and other minority investors will hold the remaining 39.2% interest. The transaction is awaiting regulatory clearance, with its financial terms remaining undisclosed. ...