Mobile communications and connectivity company Ericsson launched a money movement partnership with Mastercard, according to a Wednesday (Feb. 18) press release.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The co ...

BofA offers art consulting to wealthy clients as collectors increase loans demand | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Staff members handle an art piece by Pablo Picasso, displayed for auction at Sotheby's exhibition "Origins ll" in Riyadh, Saudi Arabia, January 25, 2026. REUTERS/Hamad I Mohammed NO... [Purchase Licensing Rights, opens new tab] Read moreNEW YORK, Feb 18 (Reuters) - Bank of America is launching an art con ...

NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Tony Skiadas, executive vice president and chief financial officer at Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Barclays Communications and Content Symposium on Tuesday, February 24, at 8:00 a.m. ET. The session will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors. Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and pla ...

Cisco and Qunnect build quantum network using New York fiber optic cables | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A logo of CISCO sits outside the company's house on the opening day of the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 20, 2025. REUTERS/Yves... [Purchase Licensing Rights, opens new tab] Read moreSAN FRANCISCO, Feb 18 (Reuters) - Cisco Systems [(CSCO.O), opens new tab] a ...

KDDI Corporation (OTC:KDDIY) reported revenue of $9.8 billion, missing the estimated $10.1 billion. The company's price-to-earnings (P/E) ratio is 35.14, indicating a high valuation relative to its earnings. KDDIY faces potential legal challenges due to investigations into possible violations of federal securities laws.KDDI Corporation, trading under the symbol OTC:KDDIY, is a major player in the telecommunications industry. The company provides a wide range of services, including mobile and fixed-line com ...

谷歌母公司Alphabet公司公布了几项新举措，以支持其在印度的扩张，其中包括将印度与美国和南半球 其他地区连接起来的新光纤线路。该公司首席执行官桑达尔·皮查伊在新德里举行的 人工智能峰会上大 力宣传了公司在人工智能领域的努力。印度总理莫迪在峰会上阐述了印度能够在人工智能领域引领潮流 的愿景。皮查伊是众多支持这一努力的知名首席执行官之一。公司表示，最新推出的"美印互联"计划将 铺设新的光纤线路，以提高印度与其他国家之间的网络连接速度和可靠性。该公司此前已在 太平洋、 非洲和澳大利亚周边地区建设海底光缆。 ...

Microsoft and Ericsson bring enterprise-grade 5G laptop management to Windows 11 [Accessibility Statement] Skip Navigation- Seven leading CSPs committed to early launch programs, with broad availability from the second quarter of 2026- Ericsson Enterprise 5G Connect and Microsoft introduce AI-driven connectivity intelligence to enhance performance, security, and user experience- Joint solution makes PCs always connected, secure, and easy to deploy and manage remotelySTOCKHOLM, Feb. 17, 2026 /PRNewswire/ -- ...

ANCHORAGE, Alaska--(BUSINESS WIRE)--As generative artificial intelligence (GenAI) increasingly becomes an essential tool for businesses and enterprises, so does the need for safeguards around data security and protection. Alaska Communications is introducing Alaska businesses to a secure, enterprisegrade path to GenAI adoption through its relationship with SurePath AI. "GenAI has become essential for organizations because of its ability to accelerate problemsolving, increase productivity and. ...

Financial Data and Key Metrics Changes - GAAP EPS for the fourth quarter was $9.05, including a tax benefit of $78.5 million, or $3.98 per share, primarily due to a U.S. tax deduction related to the Prospera investment [20] - Adjusted diluted EPS was $4.92, up 28.1% year-over-year [21] - For the full year, adjusted diluted EPS was $19.09, an increase of 11.1% over 2024 [30] Business Line Data and Key Metrics Changes - Infrastructure sales grew 7.2% year-over-year to $819 million, with utility sales increasing by 21% due to strong market conditions and higher volumes [24] - Agriculture sales decreased 19.9% year-over-year to $222.7 million, with an operating loss of $3.3 million in the fourth quarter [27] - Coatings sales increased by 6.3%, supported by healthy infrastructure demand [26] Market Data and Key Metrics Changes - The utility market is experiencing strong demand driven by electrification, AI, and aging infrastructure replacement, with a backlog of $1.5 billion, up 22% from the previous year [10][44] - North American agriculture markets remain challenged, while international sales declined due to economic conditions in Brazil [27][15] - The telecommunications market has normalized, with ongoing investments in wireless and RAN [72] Company Strategy and Development Direction - The company is focused on disciplined resource allocation, safety, and continuous improvement to enhance performance [9] - Investments in technology and aftermarket services are aimed at improving efficiency and customer experience in agriculture [8][16] - The company plans to host an investor day to share deeper insights into its strategy and long-term financial targets [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the utility market's strength, citing multiple demand drivers and a robust backlog [44] - The agriculture segment is expected to see a meaningful recovery in Q1 2026, with a focus on improving margins [45][49] - The company anticipates net sales for 2026 to be between $4.2 billion and $4.4 billion, with diluted EPS projected in the range of $20.50 to $23.50 [35][36] Other Important Information - The company acquired the remaining 40% of ConcealFab, enhancing its technology and product pipeline [12] - A total of $250 million was returned to shareholders, including $198 million through share repurchases [32] Q&A Session Summary Question: Confidence in utility demand and changes in customer investment - Management is confident in the utility market due to strong drivers like electrification and aging infrastructure, supported by a backlog of $1.5 billion [44] Question: Actions to restore agriculture margins and expected recovery timeline - Management expects a meaningful recovery in agriculture margins in Q1 2026, having taken steps to address previous challenges [45][46] Question: Capital spending increase for utility capacity expansions - The company plans to spend $170 million to $200 million in 2026 on utility capacity expansions, driven by durable demand [53][54] Question: Expected agriculture margins for Q1 and full year - Management anticipates low teens margins in Q1, potentially reaching mid-teens by year-end [51] Question: Growth expectations in non-utility infrastructure segments - Management expects growth across all infrastructure segments, including telecom, coatings, and lighting [72]

Financial Data and Key Metrics Changes - GAAP EPS for Q4 was $9.05, including a tax benefit of $78.5 million, or $3.98 per share, primarily due to a U.S. tax deduction related to the Prospera investment [20] - Adjusted diluted EPS was $4.92, up 28.1% year-over-year [21] - Full-year net sales were $4.1 billion, slightly increasing year-over-year, with operating income at $538 million, or 13.1% of revenue [28] Business Line Data and Key Metrics Changes - Infrastructure sales grew 7.2% to $819 million, with utility sales increasing by 21% due to strong market conditions and higher volumes [24] - Agriculture sales decreased 19.9% year-over-year to $222.7 million, with an operating loss of $3.3 million in Q4 [27] - Coatings sales increased by 6.3%, supported by healthy infrastructure demand [26] Market Data and Key Metrics Changes - The utility market is experiencing strong demand driven by electrification, AI, and aging infrastructure, with a backlog of $1.5 billion, up 22% from the previous year [10] - North American agriculture markets remain challenged, while international sales declined due to economic conditions in Brazil [27][15] - The telecommunications market has normalized capital spending, with ongoing demand for 5G and broadband expansion [12] Company Strategy and Development Direction - The company is focused on disciplined resource allocation and continuous improvement to enhance operational performance [9] - Investments in technology and aftermarket services are aimed at improving efficiency and customer experience in agriculture [8] - The company plans to host an investor day to share deeper insights into its strategy and long-term financial targets [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the utility market's strength, citing multiple demand drivers and a robust backlog [46] - The agriculture segment is expected to see a meaningful recovery in Q1 2026, with North America maintaining double-digit operating margins [50][52] - The company anticipates net sales for 2026 to be between $4.2 billion and $4.4 billion, with diluted EPS projected in the range of $20.50 to $23.50 [35] Other Important Information - The company acquired the remaining 40% of ConcealFab, enhancing its technology and product pipeline [12] - Full-year operating cash flows totaled $457 million, with free cash flow at $311 million, representing approximately 90% of net earnings [30] - The company returned $250 million to shareholders through dividends and share repurchases [32] Q&A Session Summary Question: Confidence in utility demand and changes in customer investment - Management is confident in the utility market due to strong drivers like electrification and AI, with a backlog of $1.5 billion supporting the outlook [46] Question: Actions to restore agriculture margins and expected recovery - Management expects a meaningful recovery in agriculture margins in Q1 2026, with steps taken to strengthen the foundation in Brazil [50][52] Question: Expected ag margins for Q1 and full year - Management anticipates low teens for Q1 margins, potentially reaching mid-teens by year-end [58] Question: Increasing capital spending for utility capacity expansions - Capital spending is projected to be $170 million-$200 million in 2026, primarily for utility, driven by durable demand [61] Question: Balance sheet utilization for pricing - The company plans to use its strong balance sheet for growth rather than trading for better pricing [66] Question: Aftermarket share in a soft ag market - The company is enhancing its e-commerce system to improve aftermarket services for farmers [71] Question: Utility growth potential and pricing - Management sees potential upside in utility growth, with expectations of more volume than price contributing to growth in 2026 [82]