Transurban hits H1 milestone amidst traffic surge
Transurban (ASX:TCL) announced its results for the first half of fiscal year 2026, underscored by a 2.5% increase in average daily traffic across all markets.
Transurban (ASX:TCL) announced its results for the first half of fiscal year 2026, underscored by a 2.5% increase in average daily traffic across all markets.
Michael Brown, president and CEO of Travel + Leisure Co., discusses the company's latest earnings report and record stock close. He tells Romaine Bostick and Katie Greifeld on "The Close" that consumer spending on travel remains robust.
New residential construction in the US rose to a five-month high in December, as homebuilders boosted production to take advantage of lower borrowing costs. Housing starts increased 6.2% to an annual pace of 1.4 million homes in December, according to figures released Wednesday by the government, which were delayed by fall's federal shutdown. That beat all estimates in a Bloomberg survey. The advance was broad-based, with both single-family home starts and apartment projects rising at year's end. The number of one-family homes started was the highest since February. Kamini Lane, President and CEO of Coldwell Banker Realty, joins Bloomberg Businessweek Daily to discuss. Lane also weighs in on this week's mortgage rate data, the current real estate market in cities like Los Angeles, and more. She speaks with Carol Massar and Tim Stenovec.
IPH (ASX:IPH) reported a significant 10.5% increase in interim statutory net profit after tax, reaching $41.2 million, compared to $37.3 million a year earlier.
Jean Hynes, CEO of Wellington Management, discusses investment strategy and the growing role of private assets in portfolios with Romaine Bostick and Katie Greifeld on "The Close." She says the firm believes it has a "real edge" in its investments.
Barclays estimates software now makes up about 20% of all loans held by BDCs, making it their largest sector exposure. This week's investment committee on "Bloomberg Deals" discusses the possible pain points in software. Guests include: Nenad Milicevic-Helac, Americas co-leader of TMT Alixpartners, Songyee Yoon, founder and managing partner of Principal Venture Partners, and Anura Rana, Bloomberg Intelligence.
APA Group (ASX:APA) logged an underlying EBITDA of $1.09 billion for the half year ended Dec. 31, 2025, marking a 7.6% increase over the previous period.
Wendy Stewart, president of Global Commercial Banking at Bank of America, discusses how international investors and middle-market companies are adapting their strategies in response to geopolitical and macroeconomic uncertainty. She speaks with Romaine Bostick and Katie Greifeld on "The Close."
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.
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