LONDON: AstraZeneca today announced $50 billion of investment in the United States by 2030, building on America’s global leadership in medicines manufacturing and R&D. This investment is expected to create tens of thousands of new, highly skilled direct and indirect jobs across the country powering growth and delivering next generation medicines for patients in America…
Anexo Group receives unconditional takeover offer from DBAY-led consortium
LONDON: Alabama Bidco Limited (“Bidco”), a new entity jointly controlled by funds managed by DBAY Advisors Limited and Anexo founders Alan Sellers and Samantha Moss, has made an unconditional recommended cash-and-loan-notes offer for all outstanding shares of legal services provider Anexo Group plc (AIM: ANX). The offer values Anexo at approximately £70.79 million. Bidco already…
Kish Bancorp reports strong Q2 earnings growth; Highlights loan expansion
BELLEFONTE: Kish Bancorp, Inc. (OTCQX: KISB), the parent company of Kish Bank, announced unaudited net income of $3.8 million, or $1.28 per share, for the second quarter of 2025. This represents an increase from $3.6 million ($1.21 per share) in the first quarter of 2025 and $3.1 million ($1.06 per share) in the second quarter…
Agilysys Q1 revenue rises 21%, driven by surge in subscriptions
ALPHARETTA: Agilysys, Inc. (NASDAQ: AGYS) reported record first-quarter revenue for fiscal 2026, as strong demand for subscription-based hospitality software solutions lifted top-line results 20.7% year-over-year. The company posted total revenue of $76.7 million for the quarter ending June 30, up from $63.5 million in the prior-year period. Recurring revenue rose 27.9% to $48.6 million and…
W. R. Berkley reports record Q2 premiums, investment income and equity gains
GREENWICH: W. R. Berkley Corporation (NYSE: WRB) on Monday reported higher second-quarter earnings as the property and casualty insurer posted record net premiums written and investment income. The company said net income attributable to common stockholders was $401.3 million, or $1.00 per diluted share, compared with $371.9 million, or $0.92 per share, a year earlier….
Medpace posts double-digit revenue growth; Raises full-year guidance
CINCINNATI: Medpace Holdings, Inc. (Nasdaq: MEDP) on Tuesday reported double-digit revenue growth for the second quarter ended June 30, 2025, and raised its full-year financial guidance. Revenue rose 14.2% to $603.3 million, up from $528.1 million a year earlier. On a constant currency basis, revenue was up 13.8% year over year. EBITDA increased 16.2% to…
Calix earnings soar 22% as AI-powered platform drives subscriber gains
Calix (NYSE: CALX) beat expectations in Q2 2025, delivering 10% sequential revenue growth and accelerating its broadband platform transformation with agentic AI. Calix reported second-quarter revenue of $241.9 million, up 22% year-over-year, as its broadband experience provider (BXP) customers continued adopting its appliance-based platform, cloud and managed services. The company’s gross margin rose to a…
US stocks gain as earnings optimism outweighs trade worries; Yields dip
Dow Jones edges down 19 points amid broader market gains, earnings focus Wall Street stocks advanced Monday, lifting key indexes to record territory, while Treasury yields softened at the start of a busy week for corporate earnings. The gains came despite escalating U.S. tariff negotiations with trading partners ahead of an August 1 deadline. All…
Apax Partners backed bidco proposes €916.5 million acquisition of Apax Global Alpha
LONDON: The boards of Janus Bidco Limited (“Bidco”) and Apax Global Alpha Limited (“AGA”) (LSE: AGA) announced Monday a recommended cash acquisition of the entire issued share capital of AGA by Bidco. The deal values the Guernsey-based investment trust at approximately €916.5 million (approximately £794.5 million). Bidco, a newly formed Guernsey company indirectly owned by…
Covivio raises outlook for 2025 after strong half-year performance
PARIS: Covivio has delivered an upbeat first-half performance for 2025, posting a +14% jump in recurring net earnings to €263.2 million and raising its full-year guidance as Europe’s property markets show clear signs of recovery. The French real estate firm cited portfolio optimization and operational momentum across all segments—offices, hotels, and German residential—as key drivers…
EssilorLuxottica to acquire PUcore’s optical division in strategic lens material expansion
PARIS: EssilorLuxottica signed a definitive agreement to acquire the South Korean company PUcore’s optical division, a move aimed at enhancing its research and production capabilities in high-index ophthalmic lens materials. The acquisition includes PUcore’s R&D unit, manufacturing facility, and sales office dedicated to developing monomers used in thinner, lighter and more sustainable ophthalmic lenses. The…
Ayvens names Philippe de Rovira as next CEO; Albertsen to retire in December
PARIS: Ayvens has tapped auto industry veteran Philippe de Rovira to succeed Tim Albertsen as Chief Executive Officer, effective December 1, the company announced Monday. The leadership transition comes as part of a planned succession move supported by the board’s Nomination Committee. De Rovira, currently COO for Asia and the Middle East/Africa at Stellantis, will…