PMI Report on China Manufacturing China's manufacturing PMI drops to 49.3 in January, indicating a contraction in the manufacturing sector amid seasonal factors China Manufacturing PMI, seasonally adjusted China Manufacturing at a Glance – January 2026 | | Seasonally | Index Compared with the | | | --- | --- | --- | --- | | Index | Adjusted Index | Previous Month | Direction | | PMI | 49.3 | Lower ▼ | Contracting | | Output | 50.6 | Lower ▼ | Expanding | | New Orders | 49.2 | Lower ▼ | Contracting | | New E ...

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 150 points on Monday.The Dow traded up 0.99% to 49,374.44 while the NASDAQ gained 0.74% to 23,634.78. The S&P 500 also rose, gaining, 0.65% to 6,984.27.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsInformation technology shares gained by 0.8% on Monday.In trading on Monday, energy stocks fell by 1.6%.Top HeadlineThe ISM Manufacturing PMI climbed to ...

U.S. manufacturers had a very good January — it's the rest of the year that's the problem. - MarketWatch## Economic Report# U.S. manufacturers had a very good January — it's the rest of the year that's the problem.## ISM survey hits 2 1/2-year high, but it may be just temporary, and Trump's policies get lots of blameLast Updated: Feb. 2, 2026 at 11:05 a.m. ETFirst Published: Feb. 2, 2026 at 10:53 a.m. ETShareResize---Listen(4 min)A person climbs onto the latest John Deere harvester. Manufacturers are adopti ...

U.S. factory activity unexpectedly expanded in January at the fastest pace in more than three years, as production and demand recovered strongly, a survey of manufacturing firms said. ...

U.S. Manufacturing Activity Expanded in JanuaryLIVE[Dow Rises to Begin February]Last Updated:---8 min ago# U.S. Manufacturing Activity Expanded in JanuaryBy[Al Root]The U.S. manufacturing economy surprised investors on Monday with something they've long waited for: Growth.The Institute for Supply Management's Purchasing Managers Index, or PMI, rose to 52.6 in January, up from 47.9 for December. Economists surveyed by FactSet expected a reading of 48.9, so things were better than expected.A reading above 50 ...

Group 1 - Giverny Capital Asset Management reported a portfolio return of 0.01% for Q4 2025, underperforming the S&P 500 which returned 2.66% [1] - Year-to-date, the fund achieved a return of 12.58%, compared to 17.88% for the S&P 500 [1] - The portfolio's underweight in large technology companies and overweight in smaller niche leaders negatively impacted performance, despite strong earnings growth and capital returns from portfolio companies [1] Group 2 - AMETEK, Inc. (NYSE:AME) stock closed at $223.98 per share on January 30, 2026, with a one-month return of 6.00% and a twelve-month gain of 21.64% [2] - AMETEK, Inc. has a market capitalization of $51.56 billion [2] - Giverny Capital Asset Management trimmed its position in AMETEK, citing valuation concerns, as the stock became expensive relative to its growth rate [3] Group 3 - AMETEK, Inc. was held by 58 hedge fund portfolios at the end of Q3 2025, an increase from 53 in the previous quarter [3] - While AMETEK is recognized for its potential, the company is not among the 30 most popular stocks among hedge funds [3] - The firm believes certain AI stocks present greater upside potential and less downside risk compared to AMETEK [3]

Goldman Sachs raises Dover Corporation (NYSE:DOV) price target to $224, indicating an 11.17% potential upside.Dover reports a strong Q4 2025 with an adjusted EPS of $2.51, surpassing estimates and showcasing robust earnings growth.Total revenues for Q4 reached $2.099 billion, with an 8.8% increase year over year, and adjusted EBITDA margin reached 24.8%.Dover Corporation (NYSE:DOV) is a diversified global manufacturer delivering innovative equipment and components, specialty systems, and support services th ...

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2025 earnings conference call at 10:00 a.m. Central Time on Friday, February 20, 2026. FET will issue a press release reporting its fourth quarter and full year 2025 earnings prior to the conference call. The call will be webcast through the Investor Relations link on FET's website at ir.f-e-t.com. Participants may also join the call by registering here. A replay of the ca ...

Key Takeaways from the Economic Survey F2025-26 Industry Overview - **Country**: India - **Focus**: Economic growth, fiscal policy, inflation, external stability, and sectoral performance Core Insights 1. **Growth Expectations**: - Real GDP growth is projected at **7.4% YoY for F2026** and between **6.8% and 7.2% YoY for F2027**. Domestic demand is expected to support this growth despite global uncertainties [9][10] - The cumulative impact of recent policy reforms has lifted the economy's medium-term growth potential closer to **7%** [11] 2. **Inflation Management**: - Headline CPI has softened due to a downturn in food prices, with core inflation hovering around **4%**. The survey anticipates inflation to remain anchored within manageable ranges, supported by strong agricultural output and stable global commodity prices [9][18] 3. **External Stability**: - India maintains robust external macro stability, with strong services exports and remittances supporting the current account. The capital account has attracted substantial gross FDI, indicating resilience amid global volatility [19][20][22] 4. **Fiscal Policy**: - The fiscal deficit is expected to be **4.2% of GDP** for F2027, with a commitment to a transparent medium-term debt glide path of **50% of GDP ±1ppt by F2031**. The government emphasizes a calibrated fiscal strategy that combines consolidation with sustained public investment [2][23] Sectoral Insights 1. **Agriculture**: - Growth in agriculture is critical for food security and livelihoods. Allied activities like horticulture and dairy are key contributors. Policy measures to improve infrastructure and productivity are essential [11] 2. **Industry**: - Transition to higher-value manufacturing is gaining traction, supported by ongoing capital expenditure and reforms like the PLI scheme. However, challenges such as high logistical costs and regulatory complexity persist [12][13] 3. **Infrastructure**: - Significant investments in infrastructure are crucial for growth and productivity. Initiatives like PM GatiShakti and the National Logistics Policy aim to enhance logistical coordination and reduce transaction costs [14] 4. **Services**: - The services sector is a major driver of economic growth and employment, with a focus on high-value, technology-driven segments. Tailored reforms are necessary to maintain competitiveness [15] Additional Considerations - **Medium-term Growth Path**: - Achieving inclusive growth is linked to augmenting productive capacity and institutional transformation, aligning with the long-term vision of "Viksit Bharat" by 2047 [27][28] - **State Finances**: - State governments are encouraged to improve revenue mobilization and spending composition, with a focus on conditional cash transfers linked to verifiable actions to avoid widening deficits [24][25][26] This summary encapsulates the key points from the Economic Survey F2025-26, highlighting India's growth trajectory, fiscal strategies, and sectoral developments while addressing potential risks and challenges.

Core Insights - A. O. Smith Corporation (AOS) reported fourth-quarter 2025 adjusted earnings of 90 cents per share, exceeding the Zacks Consensus Estimate of 84 cents, marking a 6% year-over-year increase [1] - The company's net sales for the quarter were $912.5 million, falling short of the consensus estimate of $923 million, but remained stable year over year due to strong performance in the commercial water heater and boiler markets in North America [1] Financial Performance - For the full year 2025, A. O. Smith generated revenues of $3.83 billion, reflecting a 0.3% increase year over year, with adjusted earnings at $3.85 per share, up from $3.73 in 2024 [2] - North America sales increased by 3.5% year over year to $713.7 million, surpassing the estimated $702.5 million, driven by effective pricing strategies [3] - The Rest of the World segment reported sales of $205.7 million, down 13.1% year over year, with notable declines in China, although India saw an 18% increase in organic sales [4] Margin and Cost Analysis - A. O. Smith's cost of sales decreased by 2.1% year over year to $562.1 million, while selling, general, and administrative expenses rose by 2.5% to $186.6 million [5] - Gross profit increased by 3.6% year over year to $350.4 million, resulting in a gross margin of 38.4%, up from 37.1% in the previous year [5] Liquidity and Cash Flow - As of December 31, 2025, A. O. Smith's cash and cash equivalents totaled $174.5 million, down from $239.6 million at the end of December 2024 [6] - Long-term debt decreased to $112.7 million from $183.2 million at the end of December 2024, while cash provided by operating activities increased to $616.8 million from $581.8 million year over year [6] Share Repurchase and Future Outlook - In 2025, A. O. Smith repurchased 5.9 million shares for $400.8 million, with approximately 0.8 million shares remaining under the repurchase authorization [9] - The company expects to repurchase shares worth approximately $200 million in 2026, following a board decision to increase the buyback program by an additional 5 million shares [9] - A. O. Smith projects net sales for 2026 to be in the range of $3.90-$4.02 billion, with adjusted earnings per share expected between $3.85 and $4.15 [10]