Brambles H1 profit rises as cash outlook surges
Logistics giant Brambles' (ASX:BXB) H1 FY26 results reveal a 7% increase in underlying profit at constant currency, reaching US$792 million.
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Logistics giant Brambles' (ASX:BXB) H1 FY26 results reveal a 7% increase in underlying profit at constant currency, reaching US$792 million.
Activist investor Starboard Value is asking Riot Platforms to speed up its transition from Bitcoin miner to a data center company that could house hyperscaler tenants. Starboard, which helped appoint directors to Riot's board last year, made its views known in a public letter signed by Peter Feld, Starboard's managing member that confirmed an earlier Bloomberg News report. Bloomberg's Lauren Tara LaCapra discusses on "Bloomberg Deals".
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Bloomberg's Randall Williams takes us through the business of the Super Bowl on the digital-only series, Sports City. On the fourth episode, we dive into the Pro Bowl games, marking the first time the event has ever been held alongside the league's biggest stage.
On "Bloomberg Deals", Scarlet Fu reports on the rise in activism this week. Investors including Jana Partners, Elliott Investment Management and Trian Fund Management made moves involving such companies as Wendy's, Tripadvisor and Norwegian Cruise.
Telecom giant Telstra (ASX:TLS) booked a 9.4% rise in interim net profit to $1.1 billion, underpinned by a disciplined focus on cost reduction.
TPG CEO Jon Winkelried talks with Dani Burger on "Bloomberg Deals". They discuss opportunities in AI, worries around software investments and uncertainty around IPOs. TPG manages more than $300 billion across a range of strategies.
Madison Square Garden Sports board of directors approved a plan to explore splitting the NBA's New York Knicks from the NHL's New York Rangers, a move that would make each team a separate publicly traded company. Bloomberg's Randall Williams reports on "Bloomberg Deals".
Medibank Group (ASX:MPL) reported a $297.8 million underlying net profit after tax for H1 FY26, a slight dip of 0.3%.
Wesfarmers (ASX:WES) announced a robust statutory net profit after tax of $1,603 million for the half-year ended Dec. 31, 2025, marking a 9.3% increase.
Warren Buffett's last quarter as Berkshire Hathaway's CEO reflected a bearish sentiment as he prepares to depart the firm, handing the reins to Greg Abel. The conglomerate cut its Amazon stake by 75%, with the position likely gaining 130-140% and performing broadly in line with the S&P 500. Chevron and Chubb, among its top 10 holdings, saw position increases. Berkshire Hathaway is also building a stake in the New York Times Co. Bloomberg Intelligence Senior Property & Casualty Insurance Matthew Palazola joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.
KKR Co-Head of Credit & Markets Christopher Sheldon discusses the firm's 2026 credit strategy report and the challenges investors face in a market with tight credit spreads amid rising M&A activity. He speaks with Dani Burger on Bloomberg's Deals.
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