Earnings call transcript: LTIM Q1 2027 profit, AI momentum lift shares 4.7%

For the past two college-admission cycles, parents of college-bound teenagers who own small businesses or family farms have been treated shabbily. Back in 2024, the rules governing the federal financial aid system began harshly penalizing these parents. Tossing aside a decades-old practice, the Free Application for Federal Student Aid began including the net value of…

The shares of Dr Reddy’s Laboratories tumbled another 4% on Friday, extending their decline to more than 9% over two days after the company said commercial supplies of its semaglutide product would be delayed due to a quality-related issue involving the active pharmaceutical ingredient (API) used in certain batches. The pharma company’s shares fell to…

The spice aisle will no longer determine McCormick‘s (MKC +1.16%) fate. In March, the 137-year-old company announced an agreement to merge with Unilever‘s (UL +1.88%) food division, a business 1.5 times its size, in a $45 billion transaction. The deal adds established brands like Hellmann’s mayonnaise and Knorr bouillon to McCormick’s portfolio, alongside household favorites…

Schroders will become a long-term asset management partner to Söderberg & Partners. Credit: DCStockPhotography/Shutterstock.com Schroders has agreed to sell Benchmark, its UK integrated financial advice business, to Söderberg & Partners. The transaction marks another step in the asset manager’s plan to reshape its wealth management operations. Access deeper industry intelligence Experience unmatched clarity with a…

Top leaders in commercial real estate finance aren’t exactly sanguine about the year ahead, but they are at least feeling less pessimistic, a new CRE Finance Council survey found.  Bisnow/Matt Wasielewski A boat navigates the mouth of the Miami River between Brickell Key and Downtown Miami. Overall market sentiment nudged slightly higher in the CREFC’s…