James Hardie raises FY27 outlook on strong revenue growth
James Hardie (ASX:JHX) increased its full-year earnings outlook after posting net sales of US$1.47 billion for the first quarter of FY27.
James Hardie (ASX:JHX) increased its full-year earnings outlook after posting net sales of US$1.47 billion for the first quarter of FY27.
Federal Reserve Bank of St. Louis President Alberto Musalem says policymakers can't afford to tolerate higher inflation while they wait for the possibility of stronger productivity growth. He speaks at an event in São Paulo.
BHP (ASX:BHP) and Rio Tinto (ASX:RIO) will meet US officials to help solve a 300-person mining engineer shortage.
Wellnex Life (ASX:WNX) agreed to sell its Pain Away business for up to $21.3 million in cash.
The Australian Manufacturing Workers Union halved its weekend strike at BHP (ASX:BHP) operations, leaving a 24-hour stoppage.
Steve Odland, CEO of the Conference Board, discussed the latest CEO confidence survey results, which showed an increase from 47 to 52 between the second and third quarters of 2026, moving the index into positive territory. The second quarter's negative reading was largely attributed to geopolitical tensions in the Middle East, particularly the war in Iran and the resulting spike in oil prices to around $120 per barrel. He speaks with Romaine Bostick on "The Close."
Bloomberg News Editor-in-Chief Emeritus Matt Winkler explains what is behind Canada's investment boom. The country's government poised to attract record investment from outside its borders after foreigners poured $183 billion into Canada's stocks and bonds in the past year. Winkler says its thanks to "reasonable" policies, crediting Prime Minister Mark Carney -- a Rhodes Scholar, former Bank of Canada Governor, and former Bloomberg Board Chair -- for attracting investors to Canada by being "somebody the world knows very well."
RXO, a leading freight broker, reported second quarter results showing a 25% increase in revenue and adjusted EPS exceeding analyst estimates by 6 cents. CEO Drew Wilkerson highlighted that the company is in the early stages of a freight recovery, driven by a significant rise in spot rates that currently outperform contract rates. He speaks with Romaine Bostick on "The Close."
Elanco Animal Health President and CEO Jeff Simmons discusses what's behind the company's increased profit and revenue forecasts. Speaking on "Bloomberg The Close," Simmons also comments on the recent surge in tick bites and consumer spending on pet health products.
Matt Brown, Founder, Chairman, and CEO of CAIS, discussed the company's recent $170 million Series D funding round led by Vista and supported by Allianz Bernstein, Blue Owl, and Carlyle, which values the alternative asset investment platform at over $2 billion more than double its previous valuation. Brown highlighted CAIS's 37% organic growth and explained that the new capital will be used to pursue strategic mergers and acquisitions in response to ongoing fintech industry consolidation, enhance AI capabilities to improve the platform's user experience for advisers and asset managers, and provide liquidity to long-term shareholders through an institutional tender offer facilitated by Nasdaq Private Markets. He speaks with Romaine Bostick on "The Close."
Andrew Bialecki, CEO of Klaviyo, discussed the company's recent financial performance and growth strategy following a quarter with 26% revenue growth, reaching an almost $1.5 billion run rate. Despite a sequential slowdown from previous higher growth rates, Bialecki emphasized the company's durable growth driven by a broad customer base of over 205,000 businesses, including new large clients such as Warner Music Group and the San Francisco 49ers. He speaks with Romaine Bostick on "The Close."
GoodRx CEO Wendy Barnes says strategic partnerships are helping drive strong earnings, even as its legacy prescription business is shrinking. She speaks on "Bloomberg The Close."
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