Core Insights - Marsh & McLennan Companies, Inc. (MRSH) reported fourth-quarter 2025 adjusted earnings per share of $2.12, exceeding the Zacks Consensus Estimate by 7.6% and reflecting a 10% year-over-year increase [1][10] - Consolidated revenues reached $6.6 billion, marking a 9% year-over-year improvement and a 4% increase on an underlying basis, also surpassing the consensus mark by 1.2% [1][10] Financial Performance - Total operating expenses rose 9.2% year over year to $5.4 billion, driven by increased compensation and benefits costs [3] - Adjusted operating income improved 12% year over year to $1.6 billion, with an adjusted operating margin of 23.7%, up 40 basis points year over year [4][10] Segment Performance Risk and Insurance Services - Revenues for this segment were $4 billion, up 9% year over year and 2% on an underlying basis, aligning with the Zacks Consensus Estimate [5] - Adjusted operating income for the segment increased 11% year over year to $1.1 billion, beating the consensus mark by 1.4% [5] - Marsh Risk revenues rose 10% year over year to $3.7 billion, with U.S./Canada operations growing 3% on an underlying basis [6] - Guy Carpenter's revenues increased 7% year over year to $215 million, surpassing the consensus mark by 1.5% [7] Consulting - Consulting unit revenues advanced 8% year over year to $2.6 billion, exceeding the Zacks Consensus Estimate by 3% [8] - Adjusted operating income for the consulting segment climbed 10% year over year to $550 million, beating the consensus mark by 4% [8] - Mercer revenues grew 9% year over year to $1.6 billion, also surpassing the Zacks Consensus Estimate by 3% [9] Financial Update - As of December 31, 2025, cash and cash equivalents stood at $2.7 billion, up from $2.4 billion at the end of 2024 [12] - Total assets increased to $58.7 billion from $56.5 billion, while long-term debt decreased to $18.3 billion from $19.4 billion [12] - Operating cash flow for 2025 was $5.3 billion, an increase from $4.3 billion the previous year [13] Capital Deployment - In 2025, Marsh repurchased 10.1 million shares for a total of $2 billion [14] Full-Year Results - For the full year 2025, MRSH reported revenues of $27 billion, a 10% increase from $24.5 billion in 2024, with a 4% rise on an underlying basis [15] - Full-year adjusted EPS was $9.75, reflecting a 9% year-over-year increase [15]

Core Insights - IBM reported strong fourth-quarter 2025 results, with adjusted earnings and revenues exceeding the Zacks Consensus Estimate [1] Financial Performance - Net income for Q4 2025 was $5.6 billion or $5.88 per share, a significant increase from $2.91 billion or $3.09 per share in the same quarter last year, driven by top-line growth and an income tax benefit [3] - For the full year 2025, net income was $10.6 billion or $11.17 per share, compared to $6.02 billion or $6.43 per share in 2024 [4] - Total revenues for Q4 2025 increased to $19.69 billion from $17.55 billion, with a constant currency revenue growth of 9% year over year, surpassing the consensus estimate of $19.2 billion [5] Segment Performance - Software segment revenues rose to $9.03 billion from $7.92 billion, with notable growth in Hybrid Cloud (up 10%), Automation (18%), Data (22%), and Transaction Processing (8%) [7] - Consulting segment revenues increased to $5.35 billion from $5.17 billion, driven by demand for AI services and application modernization [8] - Infrastructure segment revenues grew to $5.13 billion from $4.26 billion, reflecting higher demand for hybrid and distributed infrastructure [10] Cash Flow and Liquidity - IBM generated $4.04 billion in cash from operations during the quarter, with free cash flow reaching $7.55 billion, up from $6.16 billion in the prior-year period [12] - As of December 31, 2025, the company had $13.59 billion in cash and cash equivalents, with long-term debt of $54.84 billion [12] Outlook - For 2026, IBM expects revenues to grow more than 5% on a constant currency basis, with free cash flow projected at $15.73 billion [13]

there was a time back when i was still in my corporate 9–5, we hired a team of deloitte consultants for a project i was on.first meeting in, i introduced myself and said, “hey, i’m xx and i’m deloitte-d to meet you.”absolute silence. not even a courtesy chuckle. i was the paying client, by the way. the least they could’ve done was fake a laugh. money NOT well spent.Beaver 🦁 (@beaverd):https://t.co/0mqTgVZtNd ...

Financial Data and Key Metrics Changes - The company achieved a revenue growth of 6% in 2025, the highest level in many years, and generated $14.7 billion in free cash flow, the highest cash generation in over a decade [4][16] - Operating pre-tax margin expanded by 100 basis points, and adjusted EBITDA grew by 17%, reflecting strong execution and operational leverage [16][24] - The company reported a 12% growth in operating diluted earnings per share, marking a significant improvement in profitability [16] Business Line Data and Key Metrics Changes - Software revenue grew by 9% in 2025, with three out of four software sub-segments delivering double-digit growth rates [5][17] - Infrastructure revenue increased by 10%, driven by the successful launch of the z17 mainframe, achieving the highest annual revenue for IBM Z in about 20 years [17] - Consulting revenue grew by 1%, with a notable increase in demand for AI services [21] Market Data and Key Metrics Changes - The data segment grew by 19%, fueled by demand for GenAI products and strong performance with strategic partners [19] - Automation revenue increased by 14%, reflecting strong momentum in the market [20] - Hybrid infrastructure revenue grew by 24%, while infrastructure support revenue decreased by 2% [22] Company Strategy and Development Direction - The company is focused on advancing as a software-led hybrid cloud and AI platform company, investing in innovation and productivity initiatives [4][10] - Strategic acquisitions, such as Confluent and HashiCorp, are aimed at enhancing the company's capabilities in hybrid cloud and automation solutions [10][11] - The company aims to sustain revenue growth of 5%+ in 2026, with a focus on organic growth and leveraging its strong software portfolio [29][30] Management's Comments on Operating Environment and Future Outlook - Management noted that client demand remains resilient, particularly in hybrid cloud, AI, and mission-critical infrastructure [6][7] - The company expects to achieve $2 billion in productivity savings by the end of 2024, exceeding initial targets [11] - Management expressed confidence in sustaining revenue growth and free cash flow, driven by a diversified portfolio and disciplined execution [15][29] Other Important Information - The cumulative GenAI book of business reached over $12.5 billion, with significant contributions from both software and consulting segments [9][31] - The company is advancing its quantum computing initiatives, with plans to deliver a large-scale, fault-tolerant quantum computer by 2029 [14] Q&A Session Summary Question: Insights on software growth acceleration - Management highlighted strong organic growth in software, driven by increased demand for automation and data management solutions [40][41] Question: Factors driving free cash flow performance - Management attributed the strong free cash flow performance to revenue growth acceleration and operational leverage, with a focus on disciplined capital allocation [50][54] Question: Clarification on Red Hat's growth trajectory - Management acknowledged the challenges in Red Hat's growth but emphasized the overall positive trajectory of the software portfolio and the strategic importance of Red Hat [58][59]

Financial Data and Key Metrics Changes - IBM achieved a revenue growth of 6% in 2025, the highest level in many years, and generated $14.7 billion in free cash flow, the highest in over a decade [4][17] - The company reported a 12% growth in operating diluted earnings per share and a 17% growth in Adjusted EBITDA [17][24] - Operating pre-tax margin expanded by 100 basis points, reflecting strong execution and a favorable portfolio mix [17][24] Business Line Data and Key Metrics Changes - Software revenue grew 9% in 2025, with three of four sub-segments delivering double-digit growth rates [5][18] - Infrastructure revenue increased by 10%, driven by the successful launch of the z17 mainframe [18] - Consulting revenue grew 1%, reflecting increased demand for AI services [8][21] Market Data and Key Metrics Changes - Data solutions grew by 19%, driven by demand for GenAI products [20] - Automation solutions saw a growth of 14%, with record bookings for HashiCorp [20] - Red Hat's revenue growth decelerated to 8%, impacted by delays in U.S. federal business deal activity [20] Company Strategy and Development Direction - IBM is focused on becoming a software-led hybrid cloud and AI platform company, with significant investments in innovation and productivity initiatives [4][10] - The company aims to sustain revenue growth of 5%+ in 2026, with a strong emphasis on its software business, expected to grow by 10% [28][34] - Strategic acquisitions, such as Confluent, are seen as key to enhancing IBM's hybrid cloud and automation solutions [10][32] Management's Comments on Operating Environment and Future Outlook - Management noted that client demand remains resilient, particularly in hybrid cloud, AI, and mission-critical infrastructure [6][16] - The company expressed confidence in sustaining growth momentum, with expectations for free cash flow to increase by about $1 billion in 2026 [28][34] - Management highlighted the importance of productivity initiatives, which have already exceeded initial targets [11][33] Other Important Information - IBM's cumulative GenAI book of business reached over $12.5 billion, with significant contributions from both software and consulting [9][31] - The company is advancing its quantum computing initiatives, with plans to deliver a large-scale, fault-tolerant quantum computer by 2029 [15][16] Q&A Session Summary Question: Insights on software growth acceleration - Management expressed confidence in organic growth within the software segment, driven by increased demand for automation and data solutions [40][46] Question: Free cash flow performance and guidance - Management attributed the strong free cash flow performance in 2025 to revenue growth and operating leverage, with a guidance of $15.7 billion for 2026 [49][52] Question: Red Hat's growth trajectory - Management acknowledged the challenges in Red Hat's growth but emphasized the strategic value and ongoing demand for its offerings [57][60]

LOS ANGELES--(BUSINESS WIRE)--Technology Management Concepts (TMC) announced today that it has acquired The TM Group (TMG), strengthening TMC's Microsoft ERP, CRM, Power Platform and cloud capabilities while expanding its ability to support customers with modern data, automation, and AI solutions. Both firms share a long history of putting customers first and delivering deep ERP and CRM expertise across the Microsoft Applications. By coming together, TMC is expanding its bench and capabilities, incorporatin ...

Core Insights - The Hackett Group, Inc. has released findings from its 2026 Enterprise Key Issues Study, indicating that enterprises are starting to see transformational impacts from their AI investments [1] - Leading organizations are progressing beyond incremental AI deployment, focusing on reimagining their operating models and achieving significant gains across customer engagement [1] Company Overview - The Hackett Group, Inc. is identified as a leading Gen AI consulting and enterprise digital transformation firm [1] Industry Trends - The study highlights a shift in enterprises towards leveraging AI for comprehensive transformation rather than just incremental improvements [1] - There is an emphasis on the importance of rethinking operating models to drive substantial benefits in customer interactions [1]

Core Insights - Accenture plc is a leading global professional services company specializing in consulting, technology, and outsourcing, competing with firms like IBM and Deloitte [1] Financial Performance - In Q1 Fiscal 2026, Accenture reported earnings per share of $3.94, a 9.8% increase year-over-year, and total revenues of $18.7 billion, reflecting a 6% growth [2][6] - The company's revenues exceeded consensus estimates by 1%, indicating strong market performance [3] Strategic Initiatives - Accenture's growth strategy emphasizes technology, with significant investments in cloud, data, and AI, and $1.5 billion spent on 23 acquisitions to enhance capabilities [3][6] - The company maintains a competitive edge through these strategic investments [6] Financial Stability - Accenture has a current ratio of 1.41, demonstrating its ability to cover short-term liabilities with short-term assets [4] - The low debt-to-equity ratio of 0.27 indicates a conservative leveraging approach, favorable for long-term growth [4] Stock Performance - The stock recently closed at $281.07, with a 1.41% decline from the previous day, but has increased by 5.6% over the past month, outperforming the Computer and Technology sector and the S&P 500 [5][6] - Accenture is recognized as a top momentum stock for long-term investment, appealing to growth-seeking investors [5]

Core Insights - StockBrokers.com has announced the winners of the 2026 Annual Awards, which serve as a benchmark for the U.S. brokerage industry, guiding self-directed investors towards optimal platforms for their financial goals [1][1][1] Group 1: Awards and Recognition - Charles Schwab has been awarded the title of 1 Overall Broker for 2026, highlighting its competitive edge in the brokerage industry [1][1][1] - The awards are based on a rigorous year-long analysis involving thousands of hours of hands-on testing across various platforms, ensuring a comprehensive evaluation of brokers [1][1][1] Group 2: Research Methodology - The research team at StockBrokers.com collects extensive quantitative and qualitative metrics to drive their scoring, focusing on categories that matter most to U.S. investors [1][1][1] - Jessica Inskip, Director of Investor Research, emphasized that the brokerage industry is at an inflection point where the quantity of features does not necessarily equate to the quality of experience [1][1][1] Group 3: Company Background - StockBrokers.com was founded in 2009 and has become a trusted resource for millions of visitors seeking unbiased broker reviews and expert insights [1][1][1] - The company is part of Reink Media Group, which is B Corp certified and aims to provide financial education and advice prioritizing people over profits [1][1][1]

Treasury Cancels All Booz Allen Contracts Over Leak Of Billionaires’ Tax Data https://t.co/7s9XQYrahr ...