Today: 29 April 2026
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PSE:MFC 22 January 2026

Manulife sets earnings date — and analysts are rethinking MFC’s value

Manulife sets earnings date — and analysts are rethinking MFC’s value

Manulife Financial will release fourth-quarter and full-year 2025 earnings after markets close Feb. 11, with a webcast and call set for Feb. 12. Shares closed at CA$50.63 after falling 2.9% in one day and 0.9% over the past week. Analysts have revised price targets ahead of the update. The stock trades at a price-to-earnings ratio of 15.7, above the sector average.

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  • Thermon Group (THR) Shares Leap 11.9% Amid Acquisition and AI Demand
    April 29, 2026, 8:22 AM EDT. Thermon Group (THR) shares jumped 11.9% to $60.52 on strong volume, reflecting growing investor optimism. The company is expanding into AI infrastructure with its liquid load bank solutions, targeting the booming AI-powered data center market. Its order pipeline has surpassed $100 million, expected to boost organic growth by 5-7%. Thermon is set to be acquired by CECO Environmental Corp., pending approvals, promising double-digit growth, enhanced margins, and $40 million in cost synergies. The combined entity aims to strengthen presence in energy, industrial, and data center markets. Despite steady earnings and mild revenue growth forecasts for the quarter, no recent changes in EPS estimates suggest caution for sustained bullish momentum. THR holds a Zacks Rank #3 (Hold) amid a mixed industry backdrop.

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Gas Prices Hit $4.23 as Iran Oil Shock Reaches U.S. Pumps

Gas Prices Hit $4.23 as Iran Oil Shock Reaches U.S. Pumps

29 April 2026
U.S. average gasoline prices rose to $4.229 a gallon Wednesday, up 21 cents from a week ago, AAA reported. Brent crude climbed above $114 as traders reacted to ongoing disruptions near Iran and the Strait of Hormuz. Refineries in the Midwest faced outages, tightening supply. The Federal Reserve is expected to hold rates steady as officials monitor energy-driven inflation.
KPMG’s $60 Million Pentagon Contract Loss Ends Its U.S. Federal Audit Run

KPMG’s $60 Million Pentagon Contract Loss Ends Its U.S. Federal Audit Run

29 April 2026
KPMG will close its U.S. federal government audit business and reassign over 450 staff after losing a $60 million annual Pentagon contract, the Financial Times reported. The firm had audited the Army for nearly a decade, with its latest contract rising to $64 million a year. The Pentagon is shifting to consolidated audits and aims for a clean audit by 2028. KPMG expects to exit federal audit work by 2030.
Seagate Stock Surges as AI Storage Demand Gives Wall Street a Fresh Signal

Seagate Stock Surges as AI Storage Demand Gives Wall Street a Fresh Signal

29 April 2026
Seagate forecast fourth-quarter revenue of $3.45 billion and adjusted earnings of $5.00 per share, both above Wall Street estimates. Shares jumped nearly 18% in premarket trading, lifting Western Digital, SanDisk, and Micron. Third-quarter revenue rose to $3.11 billion from $2.16 billion a year earlier, with data-center exabyte shipments up 47%.
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