CME Group reported a fourth-quarter profit of $1.17 billion, driven by a significant uptick in global derivatives trading and record contract volumes. The exchange operator surpassed analyst expectations for adjusted earnings as heightened market activity pushed average daily volumes to 27.4 million contracts.
Aurora Cannabis Inc. reported a net loss of C$1.7 million for its fiscal third quarter, prompting a strategic pivot away from its lower-margin consumer business to prioritize the more profitable global medical segment. Despite the bottom-line dip compared to the previous year’s profit, the Edmonton-based producer beat analyst expectations on both revenue and adjusted earnings, signaling a stabilization in its core operations.
Toronto-based FirstService Corp. reported a slight dip in fourth-quarter profit on Wednesday, as a cooling property-services market offset gains in its residential segment, though adjusted earnings still managed to exceed analyst expectations.
Phillips 66 reported a significant jump in fourth-quarter earnings on Wednesday, buoyed by robust refining operations and strategic asset divestments in Europe. The Houston-based energy giant posted a net profit of $2.91 billion, comfortably exceeding analyst expectations as it concluded what leadership described as a transformative fiscal year.
Digital Turbine shares jumped in premarket trading after the app-distribution platform swung to a fiscal third-quarter profit, fueled by a double-digit revenue increase and an optimistic multi-year outlook.
Shell is scheduled to release its fourth-quarter results this Thursday, with analysts projecting a notable decline in profitability. A consensus of 23 analysts polled by Vara Research expects adjusted earnings to fall to $3.51 billion, down from $5.43 billion in the third quarter and $3.66 billion during the same period last year.
Indian telecommunications giant Bharti Airtel is projected to report a sharp decline in third-quarter net profit this Thursday, even as revenue continues to climb on the back of a growing subscriber base. While the company has successfully pushed for higher average revenue per user, analysts expect the bottom line to face significant pressure compared to the previous year’s performance.
CSG Systems International has approved a 6.3% increase to its quarterly dividend, raising the payout to 34 cents per share. The Englewood, Colorado-based software firm announced Wednesday that the new distribution is payable April 1 to shareholders of record by March 18.
Watches of Switzerland Group has upgraded its full-year sales forecasts following a robust holiday quarter, signaling that appetite for high-end timepieces remains insulated from broader economic volatility. The retailer, a primary distributor for brands like Rolex and TAG Heuer, attributed the improved outlook to sustained demand in the U.S. and U.K. alongside the strategic integration of its latest American acquisition.
Japan Airport Terminal Co. Ltd. reported a significant increase in its bottom line for the nine months ending December 31, with net profit rising to ¥22.24 billion. The operator of Haneda Airport’s passenger terminals benefited from a sustained recovery in air travel, driving revenue and operating margins well above prior-year levels.
South Korean internet giant Naver is expected to report a tempered fourth-quarter net profit this Friday, as analysts suggest seasonal holiday disruptions may have clipped the wings of an otherwise record-breaking year for revenue and operating income.
Mitsubishi UFJ Financial Group (MUFG) has maintained its annual profit target following a 3.7% rise in nine-month earnings, driven by wider domestic lending spreads and shifting monetary policy. The Japanese banking giant reported a net profit of 1.814 trillion yen ($11.65 billion) for the period ending December, as it capitalizes on the Bank of Japan's move to raise interest rates to thirty-year highs.
Asian software and IT services stocks tumbled on Wednesday, mirroring a $300 billion rout in the U.S. market as investors fret that rapid advancements in generative AI could render legacy technology obsolete.
Sony Group is expected to report a 6.8% decline in quarterly net profit this Thursday, as the Japanese conglomerate navigates a significant revenue contraction and rising development costs within its pivotal gaming division.
U.S. stock futures and European equities trended upward on Wednesday morning, signaling a cautious but positive start for Western markets despite a significant sell-off in major pharmaceutical shares. S&P 500 futures rose 0.2%, while benchmarks in London, Paris, and Frankfurt posted modest gains amid fluctuating energy prices and shifting bond yields.
Volvo Car reported a 7.2% decline in global sales for the three-month period ending in January, as the Swedish automaker grapples with a cooling market and pivoting reporting standards. The company, majority-owned by Zhejiang Geely Holding Group, delivered 177,830 vehicles during the window, down from 191,601 units a year earlier.
Shares in Novo Nordisk plummeted on Wednesday after the Danish pharmaceutical giant issued a cautious 2026 forecast that overshadowed a quarterly earnings beat. Despite the successful launch of its Wegovy weight-loss pill, the company warned of significant pricing pressure and intensifying competition, triggering a 19% drop in Copenhagen trading following a similar slide in New York.
Mutoh Holdings Co. Ltd. reported a sharp decline in its nine-month bottom line, with net profit falling to ¥381 million as of December 31, down from ¥1.32 billion in the prior-year period.
Br Holdings Corp reported a decline in net profit to 751 million yen for the nine-month period ending December 31, down from 816 million yen a year earlier. The Japanese construction group faced a double-digit contraction in revenue, reflecting a cooling in top-line growth compared to the previous fiscal cycle.
TomTom NV shares slid roughly 10% on Wednesday after the Dutch mapping specialist reported an 8% decline in fourth-quarter revenue, weighed down by weakening demand in its core automotive and enterprise segments. While the company successfully swung to a net profit during the period, a cautious 2026 outlook—driven by a transitional phase for key customers—overshadowed the bottom-line recovery.
Credit Agricole S.A. reported a 39% decline in fourth-quarter net profit on Wednesday, as a one-time accounting charge linked to its stake in Italy’s Banco BPM offset underlying business growth. While net income fell to €1.025 billion ($1.21 billion), the figure comfortably beat the €898.1 million projected by analysts in a Visible Alpha poll.
Tobu Railway Co. Ltd. reported a 14% increase in net profit for the nine months ended December 31, reaching ¥47.69 billion, as rising top-line revenue helped the transit giant navigate a slight decline in operating margins.
Chugoku Electric Power Co. Inc. reported a decline in net profit for the nine months ended December 31, as lower revenue offset gains in operating performance. The Japanese utility earned ¥70.20 billion during the period, down from ¥78.74 billion a year earlier, according to its latest financial filing.
Nishio Rent All Co. Ltd. reported a decline in net profit for its fiscal first quarter ended Dec. 31, as the Japanese equipment rental specialist faced a contraction in both top-line revenue and operating margins.
Kyodo Paper Holdings (9849.TO) reported a net loss of ¥40 million for the nine-month period ending December 31, more than doubling its deficit from the previous year as revenue softened.
Japanese technical services provider HIP Corp. (2136.TO) reported a decline in nine-month net profit to ¥308 million, down from ¥339 million a year earlier, despite a moderate increase in overall revenue.
Wakamoto Pharmaceutical Co. Ltd. reported a sharp financial recovery for the nine months ended December 31, swinging to a net profit of ¥215 million as revenue climbed double digits. The results mark a decisive turnaround for the Japanese drugmaker, which had struggled with losses during the same period last year.
Tokyo-based Techno Medica Co. Ltd. reported a rise in net profit to ¥460.00 million for the nine-month period ending December 31, as robust operating margins and increased revenue bolstered the bottom line.
Japanese machine tool manufacturer Okuma Corp reported an 8.54 billion yen net profit for the nine months ending December 31, as a double-digit revenue surge helped the company overcome softening pretax margins.
Tokyo-based Intelligent Wave Inc. reported a marginal decline in net profit for the first half of the fiscal year, despite a significant uptick in top-line revenue. The financial technology provider saw its bottom line slip to ¥606 million, down from ¥610 million in the same period last year, even as operational efficiency pushed operating income higher.
