The U.K. engineering company said that the completion is expected in the second half of 2026. ...

PresentationSteven FisherUBS Investment Bank, Research Division Okay. Good afternoon, everyone. Thanks for joining. I'm Steve Fisher, UBS Machinery, Engineering Construction and QS Building Materials analyst. Really thrilled to have the management of Jacobs here with us today. We have Bob Pragada, CEO; and Venk Nathamuni, CFO; and Bert Subin as well. Just one disclosure before we get started as a research analyst, I am required to provide certain disclosures relating to the nature of my own relationship an ...

A report from the Association for Consultancy and Engineering (ACE) in partnership with Autodesk shows how AI is driving a rapid shift in the UK engineering and consultancy sector. The report titled 'AI and the New Era of Engineering Innovation' claims that 68% of business leaders in the UK are stepping up investment in technology, a figure that surpasses global averages. AI-powered automation is reported to enhance productivity by up to 40% and minimise project overruns by as much as 25%. The research ...

With a market cap of $74.9 billion, Emerson Electric Co. (EMR) is a global technology and engineering company specializing in innovative solutions for industrial, commercial, and residential markets. The company is organized into seven segments: Final Control, Measurement & Analytical, Discrete Automation, Safety & Productivity, Control Systems & Software, Test & Measurement, and AspenTech. Companies valued $10 billion or more are generally classified as “large-cap” stocks, and Emerson Electric fits this ...

IVRCL was one of 28 large borrowers on Reserve Bank of India's (RBI) list of bad loan accounts sent to "Banks have filed an application in the National Company Appellate Tribunal (NCLAT) to restart the liquidation process after Reddy failed to pay. They have also changed the liquidator and hired EY as the liquidating agency, which means this process will restart again," said a person aware of the details.AgenciesLast month, the Hyderabad bench of the NCLT appointed Purusottam Behera as the liquidator of Li ...

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] - A specific company is highlighted as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI technologies [3][7][8] Investment Landscape - Wall Street is investing hundreds of billions into AI, but there is a pressing concern regarding the energy supply needed to sustain this growth [2] - AI data centers, such as those powering large language models, consume energy equivalent to that of small cities, indicating a significant strain on global power grids [2] - The company in focus is positioned to capitalize on the surge in demand for electricity driven by AI, making it a potentially lucrative investment opportunity [3][6][8] Company Profile - The company is described as a "toll booth" operator in the AI energy boom, benefiting from the increasing need for energy infrastructure as AI technologies expand [4][5][6] - It possesses critical nuclear energy infrastructure assets and is capable of executing large-scale engineering, procurement, and construction projects across various energy sectors [7][8] - The company is noted for being debt-free and holding a substantial cash reserve, which is nearly one-third of its market capitalization, providing it with a strong financial position [8][10] Market Position - The company has an equity stake in another prominent AI venture, offering investors indirect exposure to multiple growth engines in the AI sector without the associated premium costs [9][10] - It is trading at a low valuation of less than 7 times earnings, making it an attractive option for investors looking for undervalued stocks in the AI and energy space [10][11] Future Outlook - The ongoing technological revolution driven by AI is expected to create significant investment opportunities, with a focus on companies that can adapt and thrive in this changing landscape [11][12][13] - The combination of AI infrastructure needs, onshoring trends due to tariffs, and a surge in U.S. LNG exports positions the company favorably for future growth [14]

Core Insights - Employers in the UAE are preparing for significant changes in workforce management as 2026 approaches, focusing on compensation strategies that align with economic growth, digital transformation, and talent retention [2][3] - The Korn Ferry UAE Salary Forecast 2026 indicates a shift from reactive pay adjustments to strategic workforce planning, emphasizing long-term capability building alongside competitive compensation [3][21] Economic Context - The UAE economy grew by approximately 4% in 2025 and is expected to accelerate to 4.5% in 2026, driven mainly by non-oil sectors such as finance, technology, and professional services [10] - Workforce growth in the UAE has risen by 9%, with new business formations increasing by 14%, indicating a vibrant economic landscape [10] Salary Trends - Average salary increases across the UAE are projected at 4.1% for 2026, slightly below Saudi Arabia's forecasted 4.6% increase [4][22] - Specialist roles in engineering, technology, logistics, finance, and accounting are expected to see the strongest demand, driven by sector diversification and digital transformation [6][23] Sector-Specific Insights - Industries anticipated to deliver the most robust salary growth in 2026 include banking, real estate, oil and gas, industrial, and retail, influenced by major investment pipelines and evolving operating models [20][24] - In the banking sector, compensation for heads of wholesale banking ranges from Dhs110,000 to 240,000 per month, with senior relationship managers earning between Dhs50,000 and 70,000 [12][13] Workforce Dynamics - High turnover rates are observed in specialist roles, particularly in sales, finance, accounting, and engineering, as employees seek new opportunities in a competitive market [7][8] - Companies are increasingly focused on building the right capabilities for the future, requiring sophisticated approaches to talent retention and development [8][21] Employee Sentiment - While 52% of workers report satisfaction with their current pay, nearly two-thirds are considering job changes in 2026, indicating a shift in employee priorities towards work-life balance and career growth opportunities [11]

Core Insights - Amentum reported strong financial results for the fourth quarter and fiscal year 2025, with annual revenues of $14.4 billion, reflecting a 4% growth on a pro forma basis, and a net income of $66 million [1][2][3] Financial Performance - Annual revenues reached $14.4 billion, a 4% increase on a pro forma basis, and a 72% increase year-over-year [3][4] - Annual net income was $66 million, compared to a net loss of $82 million in the previous year, marking a 180% improvement [3][4] - Annual adjusted EBITDA was $1,104 million, up 5% from $1,049 million in the previous year [3][4] - Annual diluted earnings per share were $0.27, compared to a loss of $0.90 in the previous year [3][4] Cash Flow and Debt Management - Operating cash flow for the year was $543 million, with free cash flow of $516 million [1][3] - The company reduced net debt to $3.6 billion and net leverage to 3.2x [1][3] Backlog and Contract Awards - Amentum's backlog stood at $47 billion, with a book-to-bill ratio of 1.2x for the full year and 1.6x for the fourth quarter [1][9] - Notable contract awards included a $4 billion contract from the U.S. Space Force and over $1.8 billion from Sellafield for decommissioning solutions [13] Segment Performance - Digital Solutions revenues increased by 11% in Q4 and 7% for the full year, driven by new contract awards [6][7] - Global Engineering Solutions revenues grew by 9% in Q4 and 2% for the full year, supported by new contract awards and growth on existing programs [6][7] Guidance for Fiscal Year 2026 - Amentum provided guidance for fiscal year 2026, projecting revenues between $13,950 million and $14,300 million, with an implied growth of approximately 3% [9] - Adjusted EBITDA is expected to be between $1,100 million and $1,140 million, indicating a growth of around 5% [9]

Core Points - nVent Electric plc will participate in the Goldman Sachs Industrials and Materials Conference on December 3, 2025, with CFO Gary Corona presenting at 10:50 a.m. ET [1] - A webcast of the presentation will be available on nVent's Investor Relations website [2] Company Overview - nVent is a global leader in electrical connection and protection solutions, focusing on enabling safer systems and a more secure world [3] - The company designs, manufactures, markets, installs, and services high-performance products that protect sensitive equipment and critical processes [3] - nVent's portfolio includes well-known brands such as nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF, and TRACHTE, with a history spanning over 100 years [3]

All right, it's Friday, everybody. Welcome back to Squawk on the Street. Let's get our last Mad Dash of the Week. This is a name I can't remember ever having heard uttered on the Mad Dash. >> And that's why I'm doing it. Okay, Jacob Solutions is an engineering company. It's rather remarkable because what does it do? Well, it builds everything. Data centers, it builds uh the drug companies when they want to reshore. It's the ultimate reshoring/ construction company in our country. and it guided yesterday to ...