The Timken Company announced its 2028 financial goals during an Investor Day, targeting $5.0 to $5.2 billion in sales with mid-single-digit organic growth. The company aims to increase Industrial Motion segment margins to 25-27% and Engineered Bearings margins to 21-23%, up from 2025 levels. Adjusted earnings per share are expected to rise over 55% to about $8.50 by 2028. This strategy, called Elevate to Outperform, focuses on portfolio optimization, strategic investments, and leveraging its global presence to drive long-term shareholder value.
India's social commerce market is projected to grow at a 10% annual rate, reaching $114.42 billion by 2026 and $164.7 billion by 2031. Growth is fueled by creator-led discovery, messaging-based buying via WhatsApp, and affordable models like Meesho. ...
Quanta Services announced a quarterly cash dividend of $0.11 per share, payable on July 13, 2026, to shareholders of record as of July 1, 2026. The company also authorized a new stock repurchase program allowing up to $1 billion in buybacks, followin...
Kim Junge Andersen, CFO and Executive Vice President of ROCKWOOL A/S, has received 6,511 B-shares as part of the company's long-term incentive scheme from 2023. The shares were granted at no cost and the transaction was reported on May 22, 2026, in a...
Kim Junge Andersen, CFO of ROCKWOOL A/S, vested 6,511 restricted share units on May 22, 2026, as part of the company's 2023 long-term incentive scheme. The shares were granted without a purchase price and traded on Nasdaq Copenhagen. This transaction...
Workday reported Q1 earnings of $2.66 per share, surpassing estimates of $2.51, with revenue of $2.54 billion beating the $2.52 billion consensus. The company highlighted strong AI adoption, with AI contributing over 25% of new contract value and exp...
